Rohstoffthread / CCG-Hauptthread

[600]

Klasse Tip!
Habe aber leider nur 30 Cents heute mitgenommen

boersensoldat schrieb am 12.04.2021, 16:41 Uhr[/url]"]Moin,

vergangene Woche noch angesprochen und heute so ein Monster Deal.....

by @newswire on 12 Apr 2021, 15:19

GreenFirst to Acquire Forest and Paper Products Assets in Ontario and Québec with expectation to become top-ten lumber producer in Canada and Announces proposed Debt and Equity Financings

VANCOUVER, BC, April 12, 2021 /CNW/ - GreenFirst Forest Products Inc. (TSXV: GFP) ("GreenFirst") is pleased to announce that it has entered into a binding asset purchase agreement (the "Agreement") dated April 10, 2021 pursuant to which a wholly-owned subsidiary of GreenFirst (the "Purchaser") has agreed to acquire a portfolio of forest and paper product assets (the "Purchased Assets") from Rayonier A.M. Canada G.P. and Rayonier A.M. Canada Industries Inc. (collectively, "RYAM"), each a subsidiary of Rayonier Advanced Materials Inc. (NYSE: RYAM), which is arm's length to GreenFirst. The Purchaser is acquiring the Purchased Assets for a purchase price of US$140 million plus the value of the inventory on-hand at the time of closing, reflecting an aggregate purchase price expected to be approximately US$214 million (the "Purchase Price") which is payable approximately 85% in cash and approximately 15% in common shares in the capital of GreenFirst (each a "Common Share"). In addition, a chip offset credit note will be issued to RYAM by the Purchaser, in the amount of C$7.9 million which may be set off against amounts owing to GreenFirst for chip purchases equally over the next five years (the "Set-off Note").

https://ceo.ca/@newswire/greenfirst-to-acquire-forest-and-paper-products-assets

Mal sehen wie der Kurs,nach dem Trading Halt,reagiert.

 

[boersensoldat]

Absolut irre,was da heute abgeht.Und sollte es wie angekündigt einen Teil der KE,für Altaktionäre mit Bezugsrecht geben.......ein Traum.
Für 1 Altaktie gäbe es Bezugsrechte für 3 neue Aktien zum Preis von 1,5 CAD oder US Dollar.Das hab ich nicht genau herausgelesen.
Auf jeden Fall hat sich hier mal wieder der lange Atem mehr als gelohnt.

600 schrieb am 21.04.2021, 17:42 Uhr[/url]"]Klasse Tip!
Habe aber leider nur 30 Cents heute mitgenommen

boersensoldat schrieb am 12.04.2021, 16:41 Uhr[/url]"]Moin,

vergangene Woche noch angesprochen und heute so ein Monster Deal.....

by @newswire on 12 Apr 2021, 15:19

GreenFirst to Acquire Forest and Paper Products Assets in Ontario and Québec with expectation to become top-ten lumber producer in Canada and Announces proposed Debt and Equity Financings

VANCOUVER, BC, April 12, 2021 /CNW/ - GreenFirst Forest Products Inc. (TSXV: GFP) ("GreenFirst") is pleased to announce that it has entered into a binding asset purchase agreement (the "Agreement") dated April 10, 2021 pursuant to which a wholly-owned subsidiary of GreenFirst (the "Purchaser") has agreed to acquire a portfolio of forest and paper product assets (the "Purchased Assets") from Rayonier A.M. Canada G.P. and Rayonier A.M. Canada Industries Inc. (collectively, "RYAM"), each a subsidiary of Rayonier Advanced Materials Inc. (NYSE: RYAM), which is arm's length to GreenFirst. The Purchaser is acquiring the Purchased Assets for a purchase price of US$140 million plus the value of the inventory on-hand at the time of closing, reflecting an aggregate purchase price expected to be approximately US$214 million (the "Purchase Price") which is payable approximately 85% in cash and approximately 15% in common shares in the capital of GreenFirst (each a "Common Share"). In addition, a chip offset credit note will be issued to RYAM by the Purchaser, in the amount of C$7.9 million which may be set off against amounts owing to GreenFirst for chip purchases equally over the next five years (the "Set-off Note").

https://ceo.ca/@newswire/greenfirst-to-acquire-forest-and-paper-products-assets

Mal sehen wie der Kurs,nach dem Trading Halt,reagiert.

 

[wicki99]

palladium-future: rakete auf dem planeten 2892.00$ gelandet ...

wicki99 schrieb am 19.04.2021, 18:59 Uhr[/url]"]palladium-future: th auf 2851.00$ geschraubt.

wicki99 schrieb am 13.04.2021, 14:14 Uhr[/url]"]palladium-future: th bei 2709$ und die 2750er-marke von der nase.

wicki99 schrieb am 01.04.2021, 17:01 Uhr[/url]"]palladium-future: der alte widerstandsbereich um 2550$/2530$ wurde von oben getestet und somit zum support gedreht. aktuell geht es auf das th bei 2664.50$.

wicki99 schrieb am 18.03.2021, 15:06 Uhr[/url]"]palladium-future: marschiert. th bei 2709.50$.

wicki99 schrieb am 16.03.2021, 15:08 Uhr[/url]"]palladium-future: holla, die waldfee. wer hat denn das industriemetall angestochen? charttechnisch wurde jedenfalls eine heisse action-zone zwischen 2530$ und 2550$ angegangen (bis dato mehrfacher widerstandsbereich). zuletzt allerdings zurückgekommen auf 2485$. starker mehrfach-support bei 2200$.

» zur Grafik

 

[wicki99]

gold-future: klopft mit 1798.40$ im hoch an der 1800er-zone an.

wicki99 schrieb am 16.04.2021, 14:39 Uhr[/url]"]gold-future: rennt, th bei 1784.40$.

wicki99 schrieb am 15.04.2021, 18:02 Uhr[/url]"]gold-future: was da frau boezges dazu sagen würde ... :shock: ich sach "ausbruch".

» zur Grafik

 

[Kostolanys Erbe]

Volumen!!!

Kostolanys Erbe schrieb am 20.04.2021, 18:58 Uhr[/url]"]

Volumen!!!

600 schrieb am 19.04.2021, 13:41 Uhr[/url]"]Montage Gold mit News:

https://ceo.ca/@newswire/montage-reports-positive-infill-drill-results-including-3b6d5

HIGHLIGHTS

- Latest results from infill program continue to confirm, or improve upon, existing mineralization within the core of the Koné deposit, including:
MDD048: 105.0m grading 1.39g/t within 183.0m at 0.98g/t
MDD054: 71.0m grading 1.50g/t within 188.7m at 0.83g/t
MDD057: 110.7m grading 1.07g/t
- 35,000m infill drill program 60% complete as of April 16, 2021
- PEA results anticipated by mid-May 2021.
- Indicated Mineral Resource update expected in Q3 2021.
- $28M cash on hand and fully funded to advance the MGP to completion of a Feasibility Study by end of 2021.

Das liest sich nicht schlecht!

 

[600]

Muss über die 0,80 CAD

Kostolanys Erbe schrieb am 21.04.2021, 20:49 Uhr[/url]"]

Volumen!!!

» zur Grafik

Kostolanys Erbe schrieb am 20.04.2021, 18:58 Uhr[/url]"]

Volumen!!!

600 schrieb am 19.04.2021, 13:41 Uhr[/url]"]Montage Gold mit News:

https://ceo.ca/@newswire/montage-reports-positive-infill-drill-results-including-3b6d5

HIGHLIGHTS

- Latest results from infill program continue to confirm, or improve upon, existing mineralization within the core of the Koné deposit, including:
MDD048: 105.0m grading 1.39g/t within 183.0m at 0.98g/t
MDD054: 71.0m grading 1.50g/t within 188.7m at 0.83g/t
MDD057: 110.7m grading 1.07g/t
- 35,000m infill drill program 60% complete as of April 16, 2021
- PEA results anticipated by mid-May 2021.
- Indicated Mineral Resource update expected in Q3 2021.
- $28M cash on hand and fully funded to advance the MGP to completion of a Feasibility Study by end of 2021.

Das liest sich nicht schlecht!

 

[greenhorn]

Guten Morgen!

 

[wicki99]

weizen: farz, verlaufhoch bei 715.

wicki99 schrieb am 15.01.2021, 14:23 Uhr[/url]"]weizen: ordentlicher kaufdruck im markt, th bei 693.00.

wicki99 schrieb am 13.01.2021, 15:49 Uhr[/url]"]weizen: nächstes long-ziel "680" auf den punkt getroffen (th: 680.75).

wicki99 schrieb am 05.01.2021, 19:58 Uhr[/url]"]weizen: läuft auch schön weiter, support hat gehalten, das th bei 664.50 markiert.

wicki99 schrieb am 01.01.2021, 13:19 Uhr[/url]"]weizen: und die bullische flagge wurde aufgelöst. mit dem rücksetzer an die 600er-marke kamen die käufer verstärkt in den markt. unterstützungen finden sich nun bei 620 und um 640. unschädlich sind nach wie vor rückläufe bis um 620, oberhalb der 640 ergeben sich potenzielle long-ziele bis 680.

» zur Grafik

wicki99 schrieb am 11.12.2020, 18:52 Uhr[/url]"]weizen: was für drei gewaltige weiße reiter. und eine mögliche bullen-flagge.

» zur Grafik

 

[Kostolanys Erbe]

Anaconda Mining produces 2,540 oz Au in Q1



2021-04-22 07:16 ET - News Release



Mr. Kevin Bullock reports

ANACONDA MINING REPORTS Q1 2021 PRODUCTION RESULTS AND PROVIDES OPERATIONS UPDATE

Anaconda Mining Inc. has provided its production results and certain financial information from the three months ended March 31, 2021 (Q1 2021), as well as an operational update with regard to production based on Q1 2021 results. The company expects to file its first quarter financial statements and management discussion and analysis by May 6, 2021.

First quarter 2021 highlights

Anaconda sold 3,119 ounces of gold in Q1 2021, generating metal revenue of $7.4-million at an average realized gold price of $2,358 ($1,862 (U.S.)) per ounce sold.
Point Rousse produced 2,540 ounces of gold in Q1 2021, a 49-per-cent decrease compared with Q1 2020, driven mainly by lower mined grade from certain benches of the Argyle mine and lower mill throughput.
Mine operations moved 59,157 tonnes of ore during the first quarter from Argyle, lower than the previous year but ahead of plan for 2021, at a strip ratio of 9.3 waste tonnes to ore tonnes. However, the mined grade was 35 per cent lower than the mine plan due to mining challenges in shallowly dipping areas of the Argyle deposit.
Point Rousse has implemented increased production drill sampling to provide better grade definition on each bench, increased ore delineation drilling where drill density is lower, and adopted preferential mining methods for shallowly dipping areas of the Argyle deposit.
Based on the 162,714 total ore tonnes mined from Argyle to the end of Q1 2021, Anaconda has also revised its top-cut parameter downward to better reflect the actual results from mining and the resulting mill reconciliation.
As a result of the lower grade mined in Q1 2021 and the top-cut adjustment, the company is revising its 2021 guidance downward to 16,000 to 17,000 ounces of gold produced. Gold production will be weighted toward the second half of 2021 (and into 2022) as accelerated waste development in Q2 2021 provides increased access to ore.
The operating cash costs for the remainder of the year (Q2 through Q4) are expected to be between $1,450 and $1,500 ($1,125 (U.S.) to $1,175 (U.S.)). Operating cash costs per ounce for the full year are now expected to be between $1,625 and $1,675 per ounce of gold sold ($1,225 (U.S.) to $1,275 (U.S.)) (based on an exchange rate of 0.775).
The Pine Cove mill processed 92,533 tonnes during Q1 2021 and achieved a recovery rate of 84.9 per cent, a decrease in throughput of 18 per cent compared with Q1 2020, the result of unplanned maintenance relating to the ball mill and the jaw crusher. Throughput is now running at normal levels.
Continuing drilling at the Stog'er Tight deposit continues to provide encouraging results, both from an infill and expansionary perspective. Based on these results, the company is updating its internal pit designs and resource estimates in anticipation of a potential development scenario at Stog'er Tight.
As of March 31, 2021, the company had a cash balance of $14.5-million and preliminary working capital of $11.2-million.


"Anaconda had a challenging first quarter at its Point Rousse operation, whereby better-than-plan ore tonnage was significantly offset by lower-than-plan mined grade, resulting in gold production of 2,540 ounces of gold and 3,119 ounces of gold sold. The operation, in particular, experienced mining challenges in shallowly dipping areas of the Argyle deposit. We have been working hard to update our understanding of the deposit, including an active program of ore delineation and grade control drilling to enable a more preferential mining approach with limited mining dilution. As a result of our Q1 2021 results and our updated understanding of the Argyle deposit, we are revising our 2021 production guidance to 16,000 to 17,000 ounces of gold. We are confident with our plan going forward and we continue to review near-term opportunities at Point Rousse, including throughput and cost savings, which may provide further upside," said Kevin Bullock, president and chief executive officer, Anaconda Mining.

2021 guidance and operating plan

Anaconda has revised its 2021 guidance downward to 16,000 to 17,000 ounces of gold, from 18,000 and 19,000 ounces of gold in 2021.

.....

https://www.stockwatch.com/News/Item/Z-C!ANX-3066884/C/ANX

 

[greenhorn]

fmv long 13,60

 

[PerseusLtd]

Hab mal paar Grande Portage Resources genommen zu 0,228 + 0,232

Wurde ins Depot (GoldFever PF) aufgenommen, der Typ zieht mit seinen über 40k Followern auf Twitter

 

[Bull & Bear]

Egon von Greyerz Interview: Überbewertung, Überschuldung, Fake-Silber - Anschnallen!

https://www.youtube.com/watch?v=YUQJ6u3l7FE

 

[Kostolanys Erbe]

600 schrieb am 21.04.2021, 21:45 Uhr[/url]"]Muss über die 0,80 CAD

Kostolanys Erbe schrieb am 21.04.2021, 20:49 Uhr[/url]"]

Volumen!!!

» zur Grafik

Kostolanys Erbe schrieb am 20.04.2021, 18:58 Uhr[/url]"]

Volumen!!!

600 schrieb am 19.04.2021, 13:41 Uhr[/url]"]Montage Gold mit News:

https://ceo.ca/@newswire/montage-reports-positive-infill-drill-results-including-3b6d5

HIGHLIGHTS

- Latest results from infill program continue to confirm, or improve upon, existing mineralization within the core of the Koné deposit, including:
MDD048: 105.0m grading 1.39g/t within 183.0m at 0.98g/t
MDD054: 71.0m grading 1.50g/t within 188.7m at 0.83g/t
MDD057: 110.7m grading 1.07g/t
- 35,000m infill drill program 60% complete as of April 16, 2021
- PEA results anticipated by mid-May 2021.
- Indicated Mineral Resource update expected in Q3 2021.
- $28M cash on hand and fully funded to advance the MGP to completion of a Feasibility Study by end of 2021.

Das liest sich nicht schlecht!

 

[Ollinho]

Fortuna and Roxgold Agree to Business Combination Creating a Low-Cost Intermediate Global Precious Metals Producer

>>> http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210426:nBw7wsXlha&default-theme=true

 

[greenhorn]

https://www.faz.net/aktuell/finanze...hoch-kupferpreis-auf-hoehenflug-17312416.html

 

[greenhorn]

Produzenten wie CS - Capstone rennen ........

NCU hat noch richtig Potenital.....wird sich wahrscheinlich entladen, wenn niemand es auf dem Schirm hat....

 

[Bull & Bear]

Ist da nicht ein Split für Mai angedacht?

greenhorn schrieb am 26.04.2021, 16:10 Uhr[/url]"]Produzenten wie CS - Capstone rennen ........

NCU hat noch richtig Potenital.....wird sich wahrscheinlich entladen, wenn niemand es auf dem Schirm hat....

 

[greenhorn]

bei NCU ZYT ?

letzte News nur die hier gefunden:

Nevada Copper's Pumpkin throughput at 5K tpd in March
https://www.stockwatch.com/News/Item/Z-C!NCU-3066771/C/NCU
2021-04-21 20:40 ET - News Release

Mr. Mike Ciricillo reports

NEVADA COPPER PROVIDES OPERATIONS UPDATE

Nevada Copper Corp. has provided a project update for the underground mine at its Pumpkin Hollow project.

Performance highlights:

First stopes to be mined:
The first stope will be mined in the East South Alphabets zone this week. The Alphabets zone is expected to carry copper equivalent grade of approximately 2.5 per cent.
Ventilation expansion:
The electrical upgrades have been completed, and the fan bulkhead is in the final stages of construction for installation of the remaining underground ventilation fans.
Two additional underground ventilation fans, as previously announced, are on schedule for installation in May, which should enable further increases in underground development rates.
The surface ventilation fans remain on schedule for installation in the third quarter of 2021.
Lateral development:
Lateral development in March increased 69 per cent from February after the previously announced electrical upgrades were completed.
Lateral development early in the first quarter 2021 was slower than anticipated due to cautious progress through a water-bearing dike. Progress continues with penetration through the dike.
Continuing to increase mill throughput rates:
While the company is still batch processing ore through the mill, it achieved a weekly average of 4,700 tons per day (tpd) and maximum daily milling throughput of 5,000 tpd during March.
Concentrate grade continues to be achieved that complies with offtake specifications.
Concentrate grade has continued to rise, with an average grade of 26 per cent achieved in March compared with 24 per cent during January and February.
The company is on schedule to reach steady-state production of approximately 5,000 tpd in the third quarter of 2021.

"We are pleased with the progress achieved in Q1 despite the challenges with lateral development, and we look forward to the imminent blasting of our first high-grade stopes," stated Mike Ciricillo, chief executive officer of Nevada Copper. "As well as advancing our stope development, we look forward to further increases in underground development rates as we move closer to steady-state production in Q3 this year."

Qualified persons

The information and data in this news release were reviewed by Greg French, CPG, and Norm Bisson, PEng, for Nevada Copper, who are non-independent qualified persons within the meaning of National Instrument 43-101.

About Nevada Copper Corp.

Nevada Copper is a copper producer and owner of the Pumpkin Hollow copper project.

Located in Nevada, United States, Pumpkin Hollow has substantial reserves and resources, including copper, gold and silver. Its two fully permitted projects include the high-grade underground mine and processing facility, which are now in the production stage, and a large-scale open-pit project, which is advancing toward feasibility status.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.

IRISH schrieb am 26.04.2021, 16:51 Uhr[/url]"]Ist da nicht ein Split für Mai angedacht?

greenhorn schrieb am 26.04.2021, 16:10 Uhr[/url]"]Produzenten wie CS - Capstone rennen ........

NCU hat noch richtig Potenital.....wird sich wahrscheinlich entladen, wenn niemand es auf dem Schirm hat....

 

[wicki99]

palladium und kupfer haussieren, als gäbe es kein morgen ...

 

[Kostolanys Erbe]

Endlich über der 0,80 CAN$ geschlossen !!!

Kostolanys Erbe schrieb am 25.03.2021, 19:06 Uhr[/url]"]Heute erste Position CA:MAU gekauft.



https://www.montagegoldcorp.com/


Marketcap: 72 Mio. CAN$

Cash: 30 Mio. CAN$

Unzen: Koné Deposit >3Moz with room to grow

Management:

» zur Grafik


» zur Grafik





Aktuelle Präsentation:


https://www.montagegoldcorp.com/_resources/presentations/corporate-presentation.pdf?v=0.227

Letzte News:


Montage drills 79.2 m of 1.55 g/t Au at Morondo

2021-03-17 06:48 ET - News Release

Mr. Hugh Stuart reports

MONTAGE REPORTS POSITIVE INFILL DRILL RESULTS INCLUDING 79.2M AT 1.55G/T AND PROVIDES PEA UPDATE

Montage Gold Corp. has released initial results from its continuing 35,000-metre infill drill program at the Morondo gold project (MGP) in Ivory Coast.

https://www.stockwatch.com/News/Item/Z-C!MAU-3048897/C/MAU




Charttechnisch hoffe ich auf eine W-Formation....

» zur Grafik

 

[greenhorn]

Guten Morgen!

 

[dukezero]

Focus Graphite Reports 92.6 m Grading 12.7% Graphitic Carbon (Cg) from Initial Five Holes of Infill and Extension Drilling Program at Lac Tétépisca, Québec − Includes 49.4 m Sub-Intercept grading 16.2% Cg @accesswire/focus-graphite-reports-926-m-grading-127-graphitic $FMS #news/mining

 

[PerseusLtd]

Hab mich etwas dicker mit Galantas Gold eingedeckt.

Wird wieder einen Schub erhalten sobald der User das auf Twitter "Gold Ventures" offiziell bekannt gibt ...

 

[wicki99]

palladium-th: 2962,50$.
kupfer-th: 4.5250$.

 

[Bull & Bear]

Analyst Heiko Ihle empfiehlt auf Tipranks.com Great Panther Mining mit Ziel 2,50 USD

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

18P
https://www.stockwatch.com/News/Item/Z-C!FCC-3069712/C/FCC

First Cobalt Granted U.S. Department of Energy Funding for Idaho Cobalt Project

Canada NewsWire

TORONTO, April 28, 2021

TORONTO, April 28, 2021 /CNW/ - First Cobalt Corp. (TSX-V: FCC) (OTCQX: FTSSF) (the "Company") today announced that it has been awarded funding from the US Department of Energy's Critical Materials Institute (CMI), an Energy Innovation Hub, for research on innovative mineral processing techniques for its Iron Creek copper-cobalt project in Idaho.

This interdisciplinary, collaborative research effort will be conducted in conjunction with the Kroll Institute for Extractive Metallurgy (KIEM) at the Colorado School of Mines over a two-year period with the objective of identifying more efficient and environmentally friendly methods to process cobalt ore from pyrite material. The funding from CMI will consist of US$600,000 over a two-year period, with an in-kind match from the Company, as part of a total US$1.2 million program. The work is yet another executed step in First Cobalt's strategic plan to become the world's most sustainable producer of battery materials.

"Our vision in Idaho is to build a modern underground mining operation and mineral processing facility centered on the Iron Creek cobalt-copper deposit." said Trent Mell, First Cobalt President & CEO. "We can take advantage of new and emerging technologies that reduce waste material coming out of the mine and reduce the amount of energy required to process the ore. To have the support of the United States Government to further a national strategy of developing a domestic supply of cobalt further reinforces the First Cobalt value proposition as North America's only integrated supplier of battery materials for the electric vehicle industry."

Cobalt is one of 35 elements identified by the United States Department of the Interior as a "critical mineral". These minerals are essential to the economic and national security of the US, the supply chain of which is vulnerable to disruption. In the United States, 100% of cobalt used in manufacturing electric vehicle batteries is imported. President Joe Biden recently announced a 100-day review of the critical mineral supply chains to determine how the United States Government can reduce this vulnerability to disruption

 

[Bull & Bear]

Guten Morgen

Anaconda Mining Announces a Flow-Through Private Placement Offering for Up to $6.0 Million

TORONTO, April 28, 2021 (GLOBE NEWSWIRE) -- Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce that it has entered into an agreement with Raymond James Ltd. (“Raymond James”) for a marketed offering of up to $6.0 million by way of private placement of flow-through common shares (“FT Shares”) in the capital of the Company (the “Offering”). The FT Shares will be issued as “flow-through shares” with respect to “Canadian exploration expenses” within the meaning of the Income Tax Act (Canada).

Up to 7,228,916 FT Shares will be offered under the Offering at a price of $0.83 per FT Share. There can be no assurance as to whether or when the Offering may be completed, or as to the actual final size of the Offering. The Offering is expected to close on or about May 20, 2021, or such other date as agreed between the Company and Raymond James. In addition, the Company has granted the Agents an option, exercisable at the applicable issue price up to 48 hours prior to the closing of the Offering, to place up to an additional 15% of the number of FT Shares purchased pursuant to the Offering.

The gross proceeds from the Offering will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) (the "Qualifying Expenditures") related to the Company’s Projects. All Qualifying Expenditures will be renounced in favour of the subscribers of the Flow-Through Shares effective no later than December 31, 2021.

The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and any applicable securities regulatory authorities. All securities issued in connection with the Offering will be subject to a four-month and one day hold period in Canada.

It is anticipated that insiders of the Company may participate in the Offering. By virtue of their participation, the Offering would constitute a "related party transaction" under applicable securities laws. The Company expects to release a material change report including details with respect to the related party transaction less than 21 days prior to the closing of the Offering, which the Company deems reasonable in the circumstances so as to be able to avail itself of potential financing opportunities and complete the Offering in an expeditious manner. As the related party transaction will not exceed specified limits and will constitute a distribution of securities for cash, it is expected that neither a formal valuation nor minority shareholder approval will be required in connection with the Offering.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities to be offered have not been and will not be registered under the United States Securities Act of 1933, as amended, U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

CIA

Champion Iron produces 2.01M wmt concentrate in Q1
https://www.stockwatch.com/News/Item/Z-C!CIA-3070576/C/CIA
2021-04-28 20:00 ET - News Release

Mr. David Cataford reports

CHAMPION IRON REPORTS ITS FY2021 FOURTH QUARTER PRODUCTION

Champion Iron Ltd. has released its production results and mining operation expenditures for the fourth quarter ended March 31, 2021. Detailed operational and financial results are scheduled to be released prior to the Company hosting a conference call and webcast at the end of May 2021.

Conference Call Details

Champion will host a conference call and webcast on May 27, 2021 at 8:30 AM EDT (Montreal Time) / 10:30 PM AEST (Sydney time) to discuss the fourth quarter and annual results for the fiscal year ended March 31, 2021. Call details are outlined at the end of this release.

1. Highlights

Health & Safety

Expansion of Bloom Lake's COVID-19 laboratory testing capacity, allowing ongoing and uninterrupted operational activities; and

An employee recordable injury frequency rate of 2.45, which is in line with Quebec's open pit industry standards.

Financial

Cash on hand1 and restricted cash totaled $680.5M as at March 31, 2021, compared to $551.8M as at December 31, 2020 and $298.7M as at March 31, 2020;

Available liquidity for the upcoming income and mining taxes payments, totaling approximately $195M, due in May 2021; and

Full repayment of the US$20.0M revolving credit facility (the "Revolving Facility") on March 30, 2021, bringing the total undrawn and available credit facilities ("Credit Facility") to US$220.0M as at March 31, 2021.

Operations

Production of 2,011,400 wmt of high-grade 66.5% iron ore ("Fe") concentrate for the three-month period ended March 31, 2021, compared to 1,891,800 wmt for the same period in 2020, contributing to record annual production of 8,001,200 wmt of high-grade 66.4% Fe concentrate for the year ended March 31, 2021, compared to 7,903,700 wmt for the same period in 2020;

Stable recovery rate of 82.6% for the three-month period ended March 31, 2021, compared to 82.3% for the same period in 2020; and

Free on Board ("FOB") total cash cost2 of $54.4/dmt (US$43.0/dmt) ("Total Cash Cost" or "Cash Cost") for the three-month period ended March 31, 2021, compared to $53.9/dmt (US$40.1/dmt) for the same period in 2020.