True North Copper’s Post

#ASXNews Pacgold is pleased to release its Share Purchase Plan Offer ("the Offer") to Eligible Shareholders. The Offer enables Eligible Shareholders to apply to purchase up to A$30,000 worth of ordinary shares in #PGO at $0.09 per share. The purchase price of $0.09 per Share is an approximate 24.9% discount to the volume weighted average market closing price over the five ASX trading days immediately preceding the Announcement Date, 26 September 2024, on which PGO shares were traded. PGO intends to raise approximately $1.5 million under the Offer. The Offer is not underwritten. Proceeds of the Offer, along with proceeds ($4.1m) from the placement announced by the Company on 26 September 2024, will primarily be applied to accelerate #gold exploration at the Alice River Gold Project - where a large scale aircore and reverse circulation (RC) drill program has commenced along the 30km anomalous corridor. VIEW the Announcement: https://loom.ly/GM6ayNc #SPP #ShareholderOffer #Pacgold #GoldNews

PSU IPO Update 🚨 Big news from Coal India Limited! Two subsidiaries, Bharat Coking Coal Limited (BCCL) & Central Mine Planning and Design Institute (CMPDI), are gearing up for IPOs. DRHPs expected this fiscal! 📊💹 Stay updated with @stock.insighthub for all the latest IPO news! 👉 Follow us on LinkedIn, Instagram, Threads, Telegram, Facebook, Twitter, Quora, Pinterest, Snapchat, Blogspot & YouTube for more updates, insights, and newsletters. #CoalIndia #BCCL #CMPDI #PSUIPO #IPONews #StockMarket #InvestmentTips #Finance #WealthManagement #IPOUpdate

Maronan Metals (ASX:MMA) Managing Director Richard Carlton discusses all things Maronan, including its recent capital raising, with Sarah Hughan of Stockhead. An interesting insight from Richard: "... we have a mineral resource of 118 million ounces ... at the current silver price ... that's the equivalent of $3.2 billion in-ground metal value ... that's significant ... I think the timing could not have been better for those that are looking for an opportunity to be into silver. There are few options around at the moment and I think Maronan is one of them." #silver #copper #gold #mining #investing

#ASXNews Share Purchase Plan Open Petratherm Ltd is pleased to advise that the Share Purchase Plan (SPP) is now open and will be made available to eligible shareholders today. To reward shareholders with the opportunity to participate in the issue of new shares in the Company, the Directors have resolved to offer eligible retail shareholders participation in the equity raising through a Share Purchase Plan to raise up to an additional $1M by subscribing for up to $30,000 each at the same price as the Placement, being $0.035 per share (Issue Price). Eligible shareholders under the SPP offer may apply for new shares up to the maximum $30,000 limit, free of any brokerage, commission or transaction costs. The SPP is not underwritten. The proceeds of the Placement and SPP will be used to underpin the upcoming drilling operations at Muckanippie, advance Petratherm’s Copper Projects, as well as providing for general working capital and costs of the offer. The SPP is scheduled to close at 5.00pm (Sydney time) on Tuesday, 8 October 2024. VIEW the Full Announcement: https://loom.ly/6KwGY-I #Petratherm #ASX #SPP

Vinacomin to Receive 1,340 Billion VND in Dividends from MVB Mineral Joint Stock Commercial Bank (MJSCB) has announced a cash dividend payout of 13%, equivalent to VND 1,300 per share. With 105 million shares currently in circulation, the company is expected to spend nearly VND 137 billion on this dividend payout. The expected payout date is July 10, 2024. Currently, the Vietnam National Coal-Mineral Industries Group (Vinacomin) is the parent company of MJSCB, holding over 103.1 million shares, or 98.194%. Vinacomin is expected to receive approximately VND 134 billion in dividends. MJSCB also announced that the Prime Minister-approved restructuring plan of Vinacomin maintains the group’s current contribution ratio to MJSCB. Since its listing on the HNX in 2020, MJSCB has consistently paid cash dividends with a ratio ranging from 10% to 16%. Source: VietstockFinance In terms of business performance, for 2024, MJSCB set a target for the parent company with total revenue of over VND 2,436 billion and after-tax profit of nearly VND 241 billion, up 2% and 13% respectively compared to the actual performance in 2023. Specifically, the targets for raw coal output, rock excavation, clean coal production and import, and coal consumption are set at 1,126 thousand tons, 9,970 thousand cubic meters, and 1,400 thousand tons, respectively. MJSCB plans to distribute dividends for 2024 with a minimum ratio of 9%. For the first quarter of 2024, MJSCB recorded consolidated net revenue of over VND 1,171 billion and net profit of over VND 46 billion, down 6% and 30% respectively compared to the same period in 2023. The company attributed this decrease to reduced sales volume, along with increased cost of goods sold, leading to lower profits. MJSCB’s Financial Results from Q1/2022 – Q4/2024 During the morning session on May 31, MJSCB’s share price traded around VND 21,000 per share, up 1% since the beginning of the year, with an average liquidity of nearly 2,000 shares per session. Thanh Tú The post Vinacomin to Receive 1,340 Billion VND in Dividends from MVB appeared first on xe.today.

U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private placement transaction, unregistered warrants to purchase 1,400,000 shares of our common stock at an exercise price of $4.48 per share (the "Transactions"). The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024. After the close of the Transactions, the Company's common shares outstanding is 10,732,277. https://lnkd.in/ewcWuKSd #USGoldCorp #NASDAQ #registereddirectoffering #privatetransaction #commonstock #warrants #financialnews #investment #stockmarket #closing #nonbrokered #directoffering #NASDAQUSAU #privateplacement #sharepurchase #miningsector #investmentopportunity #growth #finances #transactions

#ASX #resources top 5: Many Peaks Minerals (ASX:MPK) is going nuts to the tune of a 240% climb based on gold project acquisitions; Indo coal stock Cokal Ltd (ASX:CKA) has a beaut revenue stream going on; And $SRR, $TKM and $IR1 are also moving in the right direction.

Just off an interview discussing T2 Metals Corporation (TSXV: TWO) where I was asked an interesting question – 𝘄𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗮 𝗴𝗼𝗼𝗱 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗿𝗮𝗶𝘀𝗲 𝗹𝗼𝗼𝗸 𝗹𝗶𝗸𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝘁𝗼𝘂𝗴𝗵 𝗺𝗮𝗿𝗸𝗲𝘁? A topical question, as we have just completed a raise that look good from all measures.    T2 Metals is a smaller market cap company, around CA$10m pre the recent raise, when we had only 29m shares outstanding. There were many companies much worse off, but we still sat on that precarious balance of needing capital to explore vs wanting to keep share count low.    During the recent lean markets we fought hard to keep our capital tight - we are a strong technical team so could generate ideas internally; we executed on staking and JV’s that were low cost; and my Methodist upbringing and large personal stake in the company makes me very aware of where every dollar goes!    My comments on a good capital raise touched on the below: 🎈 Priced well above recent lows, yet not trying to grab the peak of a short term high  🎈 A decent allocation to insiders and existing shareholders who show support 🎈 New high quality shareholders including institutions to cornerstone, who have completed due diligence 🎈 Low fees paid to third parties 🎈 Right sized for the aims and ambitions of the company for the medium term - enough to make a difference to exploration objectives 🎈 Extended a little, but still over subscribed 🎈 No check swaps for marketing or mystery support   Happy to say or $3m raise covered off all the above very well. Drop me a line to learn more – msaxon@t2metals.com. Bengt Anders Hogrelius P.G. RPGeo SME-RM Jamil Sader Amanda Dahl, PMP, ACP #EV #copper #zinc #gold #batterymetals #Manitoba

U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private placement transaction, unregistered warrants to purchase 1,400,000 shares of our common stock at an exercise price of $4.48 per share (the "Transactions"). The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024. After the close of the Transactions, the Company's common shares outstanding is 10,732,277. https://lnkd.in/ep_2jAAc #USGoldCorp #NASDAQ #registereddirectoffering #privatetransaction #commonstock #warrants #financialnews #investment #stockmarket #closing #nonbrokered #directoffering #NASDAQUSAU #privateplacement #sharepurchase #miningsector #investmentopportunity #growth #finances #transactions

U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private placement transaction, unregistered warrants to purchase 1,400,000 shares of our common stock at an exercise price of $4.48 per share (the "Transactions"). The aggregate gross proceeds from the Transactions totaled approximately $4.9 million and closed on April 24, 2024. After the close of the Transactions, the Company's common shares outstanding is 10,732,277. https://lnkd.in/ep_2jAAc #USGoldCorp #NASDAQ #registereddirectoffering #privatetransaction #commonstock #warrants #financialnews #investment #stockmarket #closing #nonbrokered #directoffering #NASDAQUSAU #privateplacement #sharepurchase #miningsector #investmentopportunity #growth #finances #transactions