TORONTO, ON / ACCESSWIRE / September 12, 2022 / Signal Gold Inc., ("Signal Gold" or the "Company") is pleased to announce that it has engaged Auramet International, LLC ("Auramet") as Financial Advisor in conjunction with project financing for the Company's 100%-owned Goldboro Gold Project in Nova Scotia ("Goldboro" or the "Project"). Auramet will work closely with the Company to undertake a robust solicitation process for project financing and advise on the structuring, negotiating, and closing of a comprehensive financing package to advance Goldboro towards production.
"Signal Gold is pleased to announce the appointment of Auramet as Financial Advisor for the Goldboro Gold Project, as we progress towards the next steps to developing one of the next gold mines in Eastern Canada. The Auramet team brings a depth of experience and success in mine project financing which will be of tremendous value to Signal Gold, in particular with precious metals projects in Canada. The appointment is another key milestone for Goldboro, which recently received its Environmental Assessment approval in August of 2022 and has commenced other site-specific permitting processes including the Industrial Approval and Crown Land Lease and Mining Lease applications."
~Kevin Bullock, President and CEO, Signal Gold Inc.
Auramet is a relationship focused global precious metals merchant and advisory firm based in North America with a proven track record in closing project finance mandates and financing mining projects throughout the Americas, Africa, Europe and Australia. They have extensive and long-standing experience in the global junior mining market, mining finance and specifically the Canadian mining sector having worked with many of the mining companies currently operating in the country.
ABOUT SIGNAL GOLD
Signal Gold is a TSX and OTCQX-listed gold mining, development, and exploration company, focused in the top-tier Canadian mining jurisdictions of Nova Scotia and Newfoundland. The Company is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study (Please see the ‘NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia' on January 11, 2022 for further details). Signal Gold also operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully permitted Pine Cove Mill, tailings facility and deep-water port, as well as ~15,000 hectares of highly prospective mineral property, including those adjacent to the past producing, high-grade Nugget Pond Mine at its Tilt Cove Gold Project.
FOR ADDITIONAL INFORMATION CONTACT:
Signal Gold Inc.
President and CEO
Reseau ProMarket Inc.
Dany Cenac Robert
(514) 722-2276 x456
SOURCE: Signal Gold Inc.
View source version on accesswire.com:
Nio (NYSE: NIO) stock exploded this morning and was trading nearly 10.3% higher as of 11 a.m. ET Monday. An analyst who closely tracks the Chinese electric vehicle (EV) market just singled out the hot stock as his top EV pick in China and sees Nio shares doubling in value over the next 12 months, backed by two big growth catalysts. Deutsche Bank analyst Edison Yu has two reasons why Nio could outperform and emerge as the leader among EV start-ups, according to The Fly.
Warren Buffett's company Berkshire Hathaway has invested in some stocks this year trading at rock-bottom valuations.
Shares of Asana (NYSE: ASAN), the workflow solutions software company, were climbing today as the tech stock continued to rally following last week's smashing second-quarter earnings report and news that CEO Dustin Moskovitz was buying $350 million in stock. As of 1:45 p.m. ET, Asana stock was up 10.5%. In a press release last Wednesday evening, Asana said it had sold $350 million to Moskovitz in a private placement, raising money for the company for working capital and general corporate purposes.
UK teeters on edge of recession after ‘feeble’ rebound FTSE 100 jumps 1.3pc; Pound slumps against euro Roger Bootle: We face a succession of Black Wednesdays – but good things can come out of bad Sign up here for our daily business briefing newsletter
Is this the ultimate safe haven?
Shares of Intel are moving to its lowest levels in five years amid the company weighing the decision to delay its Mobileye IPO.
In this piece, we will take a look at the ten best energy stocks to buy now. If you want to skip our industry introduction and jump ahead to the top five stocks in this list, then head on to the 5 Best Energy Stocks to Buy Now. The ongoing Russian invasion of Ukraine led […]
While Honda (HMC) revs up its e-mobility game by collaborating with Hanwa for the procurement of EV batteries, NIO incurs a loss of 25 cents per ADS in Q2, despite improved deliveries.
The unfortunate buzzword for 2022: inflation. Wherever you go, it has been hard to avoid this hot topic, as inflation has soared to heights not seen in decades, with the central bank eventually declaring it will do all that’s required to tame it. The combination of high inflation, attendant rate hikes and fears of a recession have also spooked the markets which have been on a downtrend for most of the year. With the August inflation reports due this week (CPI on Tuesday & PPI on Wednesday), the
In today's volatile market, there's a lot to be said for seeking out boring businesses at cheap prices.
Yahoo Finance Live examines cryptocurrency pricing ahead of ethereum's merge update.
The tech-heavy Nasdaq Composite is currently 24% off its high, putting the index in bear market territory, and many individual stocks have fallen even further. For instance, Roku (NASDAQ: ROKU) and Shopify (NYSE: SHOP) are down 68% and 74%, respectively. Roku is the most popular streaming platform in the U.S., Canada, and Mexico as measured by viewing hours.
Peloton, Oracle and Rent the Runway were just some of the companies on the move in after hours trading on Monday, September 12, 2022.
R.F. Lafferty analyst Jaime Perez launched coverage of electric vehicle maker Lucid with a Buy rating and $19 price target.
Zacks.com users have recently been watching Enterprise Products (EPD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
While the majority of Jeff Bezos’ $150 billion wealth comes from his stake in Amazon.com Inc., his venture capital company, Bezos Expeditions, is also a contributing factor. In fact, since his retirement as the CEO of the world’s largest e-commerce company, Bezos has been focusing on acquiring startups across different industries, as his hunt for the next big bet continues. From space to real estate, Bezos is seemingly dipping his toes in all types of water. Investments Over the Years Bezos prim
Tuesday's CPI report could show the inflation rate falling to 8%, but it will take more than that to satisfy the Fed and lift the Dow Jones.
Every investor in XPeng Inc. ( NYSE:XPEV ) should be aware of the most powerful shareholder groups. The group holding…
Palo Alto Networks (NASDAQ: PANW) will be conducting a 3-for-1 stock split after the market closes on Tuesday 13th September. On Wednesday, shareholders will receive two additional shares for each share they hold at the close on Tuesday. With a pre-split share price of ~$570, shares should be trading at ~$190 after the split. The number of shares outstanding will increase from ~99.4 million to ~299 million.
Investors with Vanguard mutual funds in their portfolios are in line to receive some extra cash later this month. The company announced Friday that extra distributions of capital gains and dividends will be paid to the shareholders of 34 different … Continue reading → The post Here's Who Will Get Additional Income From Vanguard This Month appeared first on SmartAsset Blog.