Immediately following the completion of the Arrangement, Premier will be a wholly-owned subsidiary of Equinox Gold, while the former Premier Shareholders will own 0.1967 of an Equinox Gold Share and 0.4 of a SpinCo Share for each Premier Share previously held by them.
“Newmont recognizes the special connection between Indigenous Peoples and the land, and that mining can affect this connection in some challenging ways,” said Tom Palmer, President and Chief Executive Officer. “The entire industry has a great opportunity to learn and improve our practices. Through the Center, meaningful partnerships will be formed to create a space for dialogue and sharing with the aim of improving outcomes for Indigenous communities around our operations and act as a catalyst for improvement within the mining industry.”
Bacanora Lithium plc (AIM: BCN), a lithium development company, is pleased to announce that its cornerstone investor and offtake partner, Ganfeng Lithium Co., Ltd has today signed a new joint venture agreement in connection with its investment in SLL following the exercise of its option to increase its stake in SLL from 22.5% to 50%.
The company is pleased to enter 2021 embracing all challenges and promising great results to its shareholders as we announce progress made regarding the engagement of Executive Industries to remove the Stop Sign on OTC Markets.
“DTC eligibility is an important step in the maturity of Silver Dollar and our ongoing efforts to present the Company to a broader audience of potential investors,” said Mike Romanik president of Silver Dollar.
Candelaria Mining Corp. would like to provide an update on the acquisition of the interests of Empire Metals Ltd. in the Bolnisi gold and copper project in the Republic of Georgia as previously announced on October 26, 2020.
Solaris Resources Inc. is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange.
Under the terms of the option agreement, Ridgestone has the right to acquire a 100% interest in the project through payments over a four-year period of US$1.5 million in cash and US$1.75 million in shares based on the 20 day volume weighted average price of the shares preceding each issuance, plus US$0.75 million in exploration expenditures, for a total commitment of US$4 million.
Alamos Gold Inc. is pleased to announce the appointment of John Fitzgerald as its Vice President, Projects. Mr. Fitzgerald will lead all engineering, procurement and construction activities for the Company’s development projects.
Premier Gold Mines Limited is pleased to announce the anticipated management team for i-80 Gold Corp, proposed to be spun-out to Premier shareholders as part of the acquisition of Premier by Equinox Gold.
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