Associated tags: Marathon Project, TSX, Mining, Marathon, News, Natural Resources, Minerals, Palladium
Locations: MI, AFRICA, AUSTRALIA/OCEANIA, UNITED STATES, CANADA, NORTH AMERICA, AUSTRALIA, ONTARIO, MARATHON, QUEBEC
Mining,
Minerals,
Natural Resources,
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Generation,
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Security (finance) Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to announce that it has filed a final short form base shelf prospectus (the “Prospectus“) with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec.
Key Points:
- Generation Mining Limited (TSX:GENM, OTCQB: GENMF) ("Gen Mining" or the "Company") is pleased to announce that it has filed a final short form base shelf prospectus (the “Prospectus“) with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec.
- Should the Company decide to offer securities during the 25-month effective period, the specific terms, including the use of proceeds, will be set forth in a prospectus supplement to the Prospectus, which will be filed with the applicable Canadian securities regulatory authorities.
- “As the Generation team continues to advance the Marathon Palladium-Copper Project toward final construction permits and eventual production, global macro events independent of our project can benefit our shareholders,” said Jamie Levy, President and CEO of the Company.
- Upon issuance of the receipt, a copy of the short form base shelf prospectus can be found under the Company's issuer profile on SEDAR+ at www.sedarplus.ca .
Mining,
Minerals,
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Copper,
ALS,
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Life,
Metal,
Chonolith,
Palladium Key Points:
- View the full release here: https://www.businesswire.com/news/home/20240307808472/en/
Figure 1 – Map of Marathon Palladium project showing locations of 2024 exploration programs.
- The summer phase of the program will comprise approximately 2,000 metres of exploration drilling at the Four Dams prospect and 1,000 metres at the Sally deposit.
- The last drill program targeting the main Four Dams pipe occurred between 2005-2006 with results including 0.56% copper over 62.2 metres, 0.38% copper over 100.05 metres and 0.35% copper of 73.5 metres.
- Pending results, a 3D analysis will be carried out following the 2024 drill program to better define prospective targets at depth.
Retrieved on:
Tuesday, February 20, 2024
Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") announces that the Company will be hosting 1x1s and corporate presentations at several in-person conferences over the next two weeks including:
Key Points:
- Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") announces that the Company will be hosting 1x1s and corporate presentations at several in-person conferences over the next two weeks including:
BMO Global Metals, Mining & Critical Minerals Conference 2024 being held in Hollywood, FL February 25, 2024 to February 28, 2024;
Red Cloud’s Pre-PDAC 2024 Mining Showcase being held in Toronto, ON February 29, 2024 to March 1, 2024; and
PDAC 2024: The World’s Premier Mineral Exploration & Mining Convention being held in Toronto, ON March 3, 2024 to March 6, 2024.
- For those of you planning to attend the PDAC, we encourage you to visit us at Booth 2724 in the Investors Exchange.
Retrieved on:
Wednesday, December 13, 2023
Join the Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") team on Thursday, December 14, 2023 at 1:00 pm ET as they review key milestones achieved in 2023.
Key Points:
- Join the Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") team on Thursday, December 14, 2023 at 1:00 pm ET as they review key milestones achieved in 2023.
- Gen Mining’s Jamie Levy, President and Chief Executive Officer, together with Kerry Knoll, Chair, and Drew Anwyll, Chief Operating Officer, will cover major permitting milestones met, progress on financing, the current palladium and copper markets, and they will also provide insight into what investors can expect in 2024.
- Click the link to attend: https://events.6ix.com/preview/generation-mining-2023-in-review-preview-...
Retrieved on:
Tuesday, November 21, 2023
Natural Resources,
Other Natural Resources,
Mining,
Minerals,
Ministry,
Permit,
Forestry,
Marathon Project,
Mine closure planning,
Tree,
Conservation,
Atmosphere,
TSX,
Noise,
Television,
Environment Generation Mining Limited (TSX:GENM)(OTCQB: GENMF)(“Gen Mining” or the “Company”) is pleased to announce that the Ministry of Natural Resources and Forestry of the province of Ontario has issued the Permit to Remove (trees) for the Marathon Palladium-Copper Project.
Key Points:
- Generation Mining Limited (TSX:GENM)(OTCQB: GENMF)(“Gen Mining” or the “Company”) is pleased to announce that the Ministry of Natural Resources and Forestry of the province of Ontario has issued the Permit to Remove (trees) for the Marathon Palladium-Copper Project.
- This represents yet another approval received in the permitting process for the Marathon Palladium-Copper Project.
- The Company continues to make significant progress on obtaining permits for the Marathon Project.
- In August 2023 we received our Endangered Species Act Permit and in September the Company received the Environmental Compliance Approval issued by the Ministry of Environment, Conservation and Parks for air and noise emissions for the Marathon Project.
Retrieved on:
Tuesday, November 21, 2023
Mining,
Minerals,
Natural Resources,
Sale,
Bookrunner,
Indian stock exchange,
Minority,
Oil Taxation Act 1975,
Income Tax Act 1967,
Unit,
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Prospectus,
Common,
Income Tax Act,
TSX,
Offering,
Security (finance) The Offering included a lead order of C$5,000,000 of Units from Wheaton Precious Metals Corp. and participation by existing shareholders.
Key Points:
- The Offering included a lead order of C$5,000,000 of Units from Wheaton Precious Metals Corp. and participation by existing shareholders.
- Haywood Securities Inc. acted as sole underwriter and bookrunner in connection with the Offering.
- Each Unit consisted of one common share (a “Common Share”) in the capital of the Company and one-fifth (1/5) of one common share purchase warrant of the Company (each whole warrant, a “Warrant”).
- The Offered Securities were offered by way of a short form prospectus dated November 16, 2023, filed in all provinces of Canada, except Québec.
Retrieved on:
Thursday, November 16, 2023
Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) has closed the previously announced sale of its rights and interests in an agreement to acquire a 100% interest in a mineral property (the “Davidson Property”) hosting a molybdenum-tungsten deposit, to Moon River Capital Ltd. (“Moon River”), a company listed on the TSX Venture Exchange (“TSXV”), for $630,000 in cash and 9.0 million common shares of Moon River (the “Common Shares”).
Key Points:
- Generation Mining Limited (TSX: GENM; OTCQB: GENMF) (“Gen Mining” or the “Company”) has closed the previously announced sale of its rights and interests in an agreement to acquire a 100% interest in a mineral property (the “Davidson Property”) hosting a molybdenum-tungsten deposit, to Moon River Capital Ltd. (“Moon River”), a company listed on the TSX Venture Exchange (“TSXV”), for $630,000 in cash and 9.0 million common shares of Moon River (the “Common Shares”).
- Following closing, the Company holds approximately 27.3% of the issued and outstanding Common Shares on a non-diluted and partially-diluted basis.
- Moon River intends to engage in exploration and development activities in order to advance a preliminary economic assessment on the Davidson Property.
- A copy of the Company’s early warning report will be available on Moon River’s issuer profile on SEDAR+ at www.sedarplus.ca .
Retrieved on:
Tuesday, November 7, 2023
Mining,
Minerals,
Natural Resources,
Conservation,
Marathon Project,
First Nations,
Biigtigong Nishnaabeg,
Project,
Atmosphere,
Ministry,
Mine closure planning,
Town,
Noise,
Park,
Marathon,
TSX,
Environment Generation Mining Limited (TSX:GENM)(OTCQB: GENMF)(“Gen Mining” or the “Company”) is pleased to announce that the province of Ontario has accepted and filed the Closure Plan for the Marathon Palladium-Copper Project.
Key Points:
- Generation Mining Limited (TSX:GENM)(OTCQB: GENMF)(“Gen Mining” or the “Company”) is pleased to announce that the province of Ontario has accepted and filed the Closure Plan for the Marathon Palladium-Copper Project.
- This represents another major milestone in the permitting process for the Marathon Palladium-Copper Project.
- The Marathon Palladium-Copper Project is a valuable and strategic asset containing critical metals that are needed to support emissions controls and the transition to a greener economy.
- In August 2023 we received our Endangered Species Act Permit and in September the Company received the Environmental Compliance Approval issued by the Ministry of Environment, Conservation and Parks for air and noise emissions for the Marathon Project.
Sale,
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Toronto Stock Exchange,
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Haywood,
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Common,
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Unit,
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Income Tax Act 1967,
Marathon,
TSX,
Income Tax Act,
Security (finance) TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Generation Mining Limited (TSX:GENM) ("Gen Mining" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) sole underwriter and bookrunner, pursuant to which Haywood has agreed to purchase, on a bought deal basis, (i) 42,858,000 units (the “Units”) in the capital of the Company at a price of C$0.28 per Unit (the “Issue Price”), and (ii) 9,678,000 flow-through units (the “FT Units” and together with the Units, the “Offered Securities”) in the capital of the Company at a price of $0.32 per FT Unit (the “FT Issue Price”) for aggregate gross proceeds to the Company of $15,000,420 (the “Offering”).
Key Points:
- Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one-fifth (1/5) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company.
- Each FT Unit will consist of one Common Share that will qualify as a “flow-through share” and one-fifth (1/5) of one Warrant.
- The Offered Securities will be offered by way of a short form prospectus to be filed in all provinces of Canada, except Québec.
- Securities Act”), and other jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.
Retrieved on:
Thursday, September 14, 2023
Mining,
Minerals,
Natural Resources,
Interim,
Executive,
TSX Venture Exchange,
Gen,
Marathon,
Thompson Creek,
Attention,
Molybdenum,
Negotiation,
Risk,
Indian stock exchange,
TSX,
Tungsten Moon River intends for the Proposed Transaction to constitute its Qualifying Transaction under the rules of the TSX Venture Exchange.
Key Points:
- Moon River intends for the Proposed Transaction to constitute its Qualifying Transaction under the rules of the TSX Venture Exchange.
- Following completion of the transaction, Moon River will engage in exploration and development activities in order to advance a preliminary economic assessment on the Davidson Property.
- Paul Murphy, independent Lead Director of Gen Mining of Gen Mining stated, “The Davidson Property is a large molybdenum-tungsten deposit which deserves additional attention and resources in this robust market for both molybdenum and tungsten.
- Ian McDonald, Interim Chief Executive Officer and a Director of Moon River, is the former Executive Chairman and CEO of Thompson Creek Metals Company Inc., which was focused on molybdenum production and was previously involved with the Davidson Property through Patent Enforcement & Royalties Ltd. (a predecessor company to Thompson Creek), which completed a resource evaluation on the property in 2004/2005.
