Standard Uranium to raise C$3M through strategic investment from Southeast Asian investor
RBC downgrades Endeavour Mining as gold miner's re-rating leaves little room left
Arrow Exploration production now exceeds 5,000 barrels a day as well roll-out continues
Meta ordered to pay more than US$900 million in New Mexico child safety case
Resouro Strategic Metals raises $1.86 million in first tranche of upsized placement
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) has reached an agreement with a Southeast Asian conglomerate to make a strategic investment in the uranium exploration company through a C$3 million non-brokered private placement. Under the agreement, the investor will acquire 39,215,686 units at C$0.0765 per unit, representing approximately 19.7% of Standard Uranium's current...
RBC Capital Markets has downgraded Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) to 'sector perform' from 'outperform ', arguing that the West African gold producer's strong run has left most near-term catalysts already reflected in the share price. The Canadian bank cut its target price on the FTSE 100 miner to 4,600p, from 5,100p, against a closing price of...
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said gross corporate production has risen above 5,000 barrels of oil equivalent per day after three new Icaco wells entered production on the Tapir Block in Colombia. The strongest initial contribution came from IC-HZ5, which is producing 1,270 barrels of oil per day gross, or 635 bopd net to Arrow, from the Ubaque formation while the...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has been ordered to pay more than US$900 million after a New Mexico judge significantly increased the financial penalty stemming from a landmark case over the company’s treatment of young users. State Judge Bryan Biedscheid ruled on Thursday that Meta must establish a US$567 million abatement fund, on top of US$375 million in civil...
Resouro Strategic Metals Inc (TSX-V:RMS, FRA:8TX, OTC:RSGOF, ASX:RAU) has completed the first tranche of an upsized private placement, raising $1.86 million as it advances environmental work required for a preliminary feasibility study (PFS) at its flagship Tiros Titanium and Rare Earth Elements Project in Brazil. The company increased the non-brokered placement to as much as $2.5 million...