Financings of Exploration Companies in Newfoundland and Labrador
TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Corporation”; TSX: MOZ) is pleased to announce the sale of an additional 1.5% net smelter returns royalty (“NSR”) on its Valentine Gold Project (“Valentine” or the “Project”) to Franco-Nevada Corporation (“Franco-Nevada”) for US$45 million, resulting in Franco-Nevada holding an aggregate 3.0% NSR on the Project. In addition, Franco-Nevada has offered to purchase common shares of the Corporation comprising the entire back-end…
THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF NEW FOUND GOLD CORP.’S SECURITIES IN THE UNITED STATES Vancouver, BC, October 21, 2021: New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, NYSE American: NFGC) is pleased to announce that it has arranged a non-brokered private placement with Mr. Eric Sprott of 5 million common shares of New…
Vancouver, B.C. – October 18, 2021 - Precipitate Gold Corp. (the “Company” or “Precipitate”) (TSXV: PRG, OTCQB: PREIF) is pleased to announce it has commenced exploration field work on the Ace Project (or the “Project”) located at the northern end of the highly prospective Exploits Subzone (Dunnage Tectonic Zone) of north-central Newfoundland, Canada. With a Newfoundland government permit to conduct prospecting and ground geophysics, the Company has started a project-wide prospecting and geological mapping…