Malartic

Yamana Enters Into Arrangement Agreement With Agnico and Pan American and Announces Change of Recommendation

Retrieved on: 
Tuesday, November 8, 2022

The terms of the Agnico - Pan American Arrangement Agreement remain the same as previously announced by the Company on November 4, 2022 (the Agnico Pan American Transaction) and found in the related press release .

Key Points: 
  • The terms of the Agnico - Pan American Arrangement Agreement remain the same as previously announced by the Company on November 4, 2022 (the Agnico Pan American Transaction) and found in the related press release .
  • The Agnico - Pan American Arrangement Agreement was entered into following the waiver by Gold Fields Limited (Gold Fields) of its 5 business day matching right and response period under the arrangement agreement entered into between the Company and Gold Fields on May 31, 2022 (the Gold Fields Arrangement Agreement).
  • The Agnico - Pan American Arrangement Agreement, as a Permitted Acquisition Agreement under the Gold Fields Arrangement Agreement, will become effective upon the Gold Fields Arrangement Agreement not being approved by Yamana shareholders at the Yamana Meeting unless Gold Fields elects to terminate the Gold Fields Arrangement Agreement before then.
  • A copy of the Agnico - Pan American Agreement will be filed on the SEDAR profile of the Company concurrently with the related material change report.

Yamana Announces Superior Proposal

Retrieved on: 
Friday, November 4, 2022

In accordance with terms of the Gold Fields Arrangement Agreement, the Company has notified Gold Fields that the Board has determined that the New Offer constitutes a Yamana Superior Proposal and that the five business day matching period has commenced, during which Gold Fields has the right, but not the obligation, to propose to amend the terms of the Gold Fields Arrangement Agreement in order for the New Offer to cease to be a Yamana Superior Proposal (the Matching Right).

Key Points: 
  • In accordance with terms of the Gold Fields Arrangement Agreement, the Company has notified Gold Fields that the Board has determined that the New Offer constitutes a Yamana Superior Proposal and that the five business day matching period has commenced, during which Gold Fields has the right, but not the obligation, to propose to amend the terms of the Gold Fields Arrangement Agreement in order for the New Offer to cease to be a Yamana Superior Proposal (the Matching Right).
  • The Board has not changed its recommendation regarding the pending transaction with Gold Fields pursuant to the Gold Fields Arrangement Agreement (the Gold Fields Arrangement) and the special meeting of Yamana shareholders (the Yamana Meeting) to consider the Gold Fields Arrangement is scheduled to be held at 10:00 am (Toronto time) on Monday, November 21, 2022.
  • Shareholders and other interested parties are strongly advised to read the management information circular of Yamana for a detailed description of the Gold Fields Arrangement and the reasons for the Board's recommendation.
  • Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.

O3 Mining Intersects 20.5 g/t Au over 2.2 Metres Including 73.5 g/t Au over 0.6 Metres at Hygrade Fold, Marban Engineering

Retrieved on: 
Tuesday, September 13, 2022

This underexplored, large land package offers significant exploration potential upside, with several historic showings, and promise for a new discovery.

Key Points: 
  • This underexplored, large land package offers significant exploration potential upside, with several historic showings, and promise for a new discovery.
  • O3 Mining initiated a brownfield exploration program from late June to early September, drilling 10,500metres within the Hygrade Fold area.
  • Assay results for 6,500 samples are still pending within the Hygrade Fold area.
  • The winter campaign will also aim to better define and expand known mineralization at Malartic H, Malartic Hygrade and Orion #8.

Yamana Gold Announces the Completion of Technical Reports on Minera Florida, Cerro Moro, Wasamac, and MARA Which Add to the Previously Filed Reports on Core Material Assets Including Canadian Malartic, Jacobina and El Peñón and Completes the Filing of T

Retrieved on: 
Monday, September 12, 2022

Technical reports on the core material operations at the Canadian Malartic gold mine, the Jacobina gold mine and the El Pen gold and silver mine were previously filed with Canadian securities regulators and remain current.

Key Points: 
  • Technical reports on the core material operations at the Canadian Malartic gold mine, the Jacobina gold mine and the El Pen gold and silver mine were previously filed with Canadian securities regulators and remain current.
  • The public availability of these technical reports represents a recent policy decision of the Company to have on public file technical reports for all major mines and projects regardless of materiality.
  • The technical report for the Jacobina mine, titled NI 43-101 Technical Report, Jacobina Gold Mine, Bahia State, Brazil, which was prepared by Yamana Gold Inc. effective December 31, 2019.
  • The technical report for the El Pen mine, titled NI 43-101 Technical Report, El Pen Gold-Silver Mine, Antofagasta Region, Chile, which was prepared by Yamana Gold Inc. effective December 31, 2020.

Osisko Announces Record Preliminary Q2 2022 Deliveries, Revenues and Cash Margin

Retrieved on: 
Tuesday, July 12, 2022

Osisko earned approximately 22,240 attributable gold equivalent ounces1 (GEOs) in the second quarter of 2022, record deliveries for the Corporation since inception in 2014.

Key Points: 
  • Osisko earned approximately 22,240 attributable gold equivalent ounces1 (GEOs) in the second quarter of 2022, record deliveries for the Corporation since inception in 2014.
  • Osisko had record preliminary revenues from royalties and streams of C$51.5 million during the second quarter and preliminary cost of sales (excluding depletion) of C$3.7 million, resulting in a record quarterly cash margin2 of approximately C$47.8 million or approximately 93%.
  • Sandeep Singh, President and CEO of Osisko commented: Our royalty and streaming portfolio delivered records on a number of fronts in Q2 including GEO deliveries and absolute cash margins.
  • On May 24th, Osisko Development Corp. (Osisko Development) announced the results of a preliminary economic assessment (PEA) for the Cariboo Gold Project in central British Columbia.

Tudor Gold Announces Passing of Founder and Board Chairman Mr. Walter Storm

Retrieved on: 
Monday, June 27, 2022

Vancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") today issued the following statement: "It is with great sadness that we announce the passing of the Company Founder and Chairman Mr. Walter Storm at the age of 91.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - Tudor Gold Corp. (TSXV: TUD) (FSE: TUC) (the "Company" or "Tudor Gold") today issued the following statement: "It is with great sadness that we announce the passing of the Company Founder and Chairman Mr. Walter Storm at the age of 91.
  • On behalf of our Board of Directors, our leadership team and our employees, we extend our sympathies to Walter's family and friends."
  • In the following year he closed a qualifying transaction with a public company, which was later renamed TUDOR GOLD Corp.
  • Walter held the position as CEO of Tudor Gold until December 2021 and continued to serve the Company as Chairman of Tudor's Board of Directors until his passing.

Kyndryl Announces Partnership with Oracle Focused on Cloud Services

Retrieved on: 
Thursday, June 23, 2022

NEW YORK, June 23, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced partnership with Oracle to help customers accelerate their journey to the cloud by delivering managed cloud solutions to enterprises around the world.

Key Points: 
  • As part of the alliance, Kyndryl will become a key delivery partner for Oracle Cloud Infrastructure (OCI), expanding upon its deep experience of working with and supporting customers using Oracle products and services.
  • Kyndryl plans to offer a wide range of new services that leverage Oracle technologies to help companies modernize and move their applications and databases to the cloud.
  • "The combination of Kyndryl managed services and Oracle Cloud Infrastructure provides a versatile and efficient foundation for companies to confidently move, build and run their mission-critical IT operations in the cloud."
  • The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products.

Radisson commences a Field program in the Pontiac Group south of the Larder-Lake-Cadillac Break at the O’Brien gold project

Retrieved on: 
Tuesday, June 14, 2022

Since acquiring and integrating the New Alger property with the OBrien project in 2020, our team has been focused on the execution of the 130,000 m drill program at the OBrien gold project.

Key Points: 
  • Since acquiring and integrating the New Alger property with the OBrien project in 2020, our team has been focused on the execution of the 130,000 m drill program at the OBrien gold project.
  • Despite its proximity with the Larder-Lake-Cadillac Break, limited work was performed in southern sector of the OBrien project.
  • The New Alger property also covers 54 km2 of prospective land located south of the Larder-Lake-Cadillac Break in the Pontiac sediments Group.
  • Radisson is a gold exploration company focused on its 100% owned OBrien project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Quebec.

Renforth Resources Inc. to Webcast Live at VirtualInvestorConferences.com March 31st

Retrieved on: 
Wednesday, March 30, 2022

TORONTO, March 30, 2022 (GLOBE NEWSWIRE) -- Renforth Resources Inc. (OTCQB:RFHRF CSE:RFR), based in Toronto, Ontario, focused on nickel, today announcedthat Nicole Brewster, President & CEO, will present live at VirtualInvestorConferences.com on March 31st, 2022.

Key Points: 
  • TORONTO, March 30, 2022 (GLOBE NEWSWIRE) -- Renforth Resources Inc. (OTCQB:RFHRF CSE:RFR), based in Toronto, Ontario, focused on nickel, today announcedthat Nicole Brewster, President & CEO, will present live at VirtualInvestorConferences.com on March 31st, 2022.
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

O3 Mining Intersects 12.0 g/t Au Over 8.3 Metres From Kappa Zone at its Alpha Project

Retrieved on: 
Monday, January 24, 2022

The Kappa structure occurs about 150 metres north of the Bulldog zone and was identified while stepping back to drill Bulldog at depth.

Key Points: 
  • The Kappa structure occurs about 150 metres north of the Bulldog zone and was identified while stepping back to drill Bulldog at depth.
  • The shallow intercept in hole O3AL-21-380 is located 600 metres east of hole O3AL-21-388 and hosted within a thick dyke.
  • Based on these promising results, O3 Mining assigned 6,000 metres of drilling to expand the Kappa zone.
  • O3 Mining aims to become a leading gold producer and put the Marban project into production by 2026.