All Industries

Superlab Suisse opens state-of-the-art facility in Basel, fostering new spaces for scientific breakthroughs

Superlab Suisse

For life sciences and biotech companies, access to affordable dedicated lab spaces is hard to come by. Labs are prohibitively expensive to build and operate, posing significant financial barriers to innovation and research. A cutting-edge new alternative is being offered by Superlab Suisse, a leading provider of innovative laboratory and research spaces that today announces the grand opening of its newest facility in Basel. With this new facility, Superlab Suisse becomes the largest private lab space in Switzerland. Opening in July 2024, following the success of the Lausanne location supported by Biopôle Lausanne and InnoVaud, the expansion marks a significant milestone in Superlab Suisse's mission to provide research infrastructure to Switzerland's dynamic life sciences sector. Forging ahead with its successful partnership with Swiss Prime Site, Superlab Suisse is set to open the door for huge commercial opportunities in the ideally suited location of Basel, a booming biotechnology hub and home to over 700 companies including pharmaceutical giants like Novartis and Roche. The new facility, nestled within the bustling Stücki Park with neighbours like Tech Park Basel, Lonza, Medartis, NBE, and Boehringer Ingelheim, offers ready-to-use laboratory spaces equipped with the latest technology and essential operational support services, allowing teams to channel their resources into scientific research rather than lab operations. Spanning over 4770 square metres, it promises to be a nucleus of scientific collaboration and breakthrough, redefining laboratory services in Basel. "We are thrilled to bring Superlab Suisse's innovative platform to Basel, the city of Pharma," says Xi Zhang, CEO of Superlab Suisse. “Our holistic solution frees scientists from operations headaches, so they can save time and focus on science. We service, you discover”. Life sciences and biotech companies have until now lacked the widely accepted lab solutions that have benefitted industries such as tech and finance. Universities have typically been the only viable option, with lab construction and operation requiring significant upfront investments — costs which redirect attention away from research and delay progress in getting products to market. Superlab Suisse's serviced BSL1 and BSL2 labs provide a new industry standard of lab solution. Users in one location such as Basel also gain access to facilities in Lausanne and other locations. By delivering ready to move in lab solutions for life science companies of all sizes, including startups, scale-ups, and corporates, Superlab Suisse eliminates the hurdles of lab construction and operation. One of the first companies to secure their space at the opening is Skyhawk Therapeutics, which has recently announced a research collaboration with Ipsen focusing on RNA targeting in rare neurological diseases. In addition to the Basel location, Superlab Suisse continues its commitment to innovation with plans for a third site in Zurich Schlieren. This new facility, scheduled to open in March 2025, will cater to the diverse needs of start-ups, spin-offs, and established companies in the life sciences sector, further solidifying Superlab Suisse's position as a leader in laboratory-as-a-service solutions. This one-stop solution not only solves the true problems of life science companies but also attracts like-minded innovators to meet and collaborate. Superlab is expanding this year to more cities in Europe, the US, and Asia, embodying a borderless lab concept because life science benefits humanity as a whole. Dr. Rajwinder Lehal, CEO of biotech business Cellestia commented: “Superlab is exactly the place which the scientific community needs, where we can concentrate on our work without being distracted by construction or operation. Superlab provided us with state of the art infrastructure and equipment that we needed to hit the ground running from day 1.” Emmanuel Savioz, CEO & Chairman, Tigen Pharma commented: “Superlab is a great place to work in a vibrant scientific community. Our team at Tigen can focus on growth, supported by state-of-the-art facilities, latest equipment and a competent and fun Superlab team to support on-site”. About Superlab Suisse AG Superlab Suisse AG offers innovative laboratory solutions through its "Lab as a Service" business concept. With state-of-the-art facilities, professional services, and financing support, Superlab Suisse empowers companies in the biotech, pharma, and medtech sectors to focus on research and innovation. About Swiss Prime Site AG Swiss Prime Site is the largest real estate company in Switzerland and one of the leading commercial property companies in Europe. The real estate portfolio spanning across densely populated areas is valued at approximately CHF 26 billion and includes own properties – with about CHF13 billion commercial properties and development projects – as well as ones managed on behalf of third parties with about CHF 13 billion AuMs invested in residential and commercial buildings. Contact Details Superlab Suisse Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://superlabsuisse.com/

June 25, 2024 07:00 AM Eastern Daylight Time

Image

Volta Metals begins next phase of exploration at Falcon West Lithium Property

Volta Metals Ltd

Volta Metals CEO Kerem Usenmez joined Steve Darling from Proactive to announce the commencement of the 2024 exploration campaign at the company's northwestern Ontario properties, including the Falcon West Lithium Property. This property yielded promising results in the last round of exploration, with ten out of eleven diamond drill holes intersecting multiple broad zones of high-grade lithium mineralization. Highlighted results included 1.24% Li2O over 15.6 metres, 1.11% Li2O over 10.2 meters and 1.50% Li2O over 5.15 meters Usenmez detailed that the 2024 exploration program will involve systematic soil sampling, trenching, and detailed structural geology work. Initial soil sampling will focus on targets generated from a detailed magnetic survey and 2023 soil sampling. This program aims to screen highly prospective target areas around the newly discovered high-grade lithium pegmatite swarm. The first phase of exploration will take place at the Junior Lake project, involving the collection of surface exploration data, including structural and alteration mapping, prospecting, sampling, and utilizing a handheld Laser Induced Breakdown Spectroscope for rapid real-time sample analysis to support field follow-up. These efforts underscore Volta Metals' strategic focus on advancing its exploration activities and enhancing its resource base in the highly prospective lithium-rich regions of northwestern Ontario. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

June 25, 2024 07:00 AM Eastern Daylight Time

Video

CWG Markets Triumphs at 2024 Hong Kong Wiki Finance Expo with "Best Forex Trade Execution"

Rev Up Marketers

The highly anticipated Hong Kong Wiki Finance Expo has successfully concluded, marking another milestone in the financial industry. CWG Markets, a renowned global financial services provider, participated in the event and was honored with the prestigious "Best Trade Execution Award." This accolade highlights CWG Markets ' exceptional trading services and robust security measures, reinforcing its leading position in the global financial markets. The expo, themed "Shaping the Future of Fintech," brought together financial technology leaders, innovators, and decision-makers from around the world to discuss advancements and future trends in the industry. CWG Markets showcased its latest fintech innovations, earning high praise and recognition from industry experts. Held at the Hong Kong International Trade Centre, attendees had the opportunity to explore CWG's newest products and cutting-edge technologies while enjoying panoramic views of Victoria Harbour from the Sky100 observation deck. At the award ceremony following the expo, CWG Markets was celebrated for its outstanding performance in trade execution. The "Best Trade Execution Award" acknowledges the company's superior speed, accuracy, and reliability in trade processing, demonstrating its competitive edge in the global financial market. CWG Markets' excellence in trade execution is attributed to its adoption of state-of-the-art trading technology, which ensures that every order is executed within milliseconds, significantly reducing slippage and latency risks. The company's robust technical support and stable trading platform, combined with stringent risk management and monitoring systems, ensure precise and secure execution of all trades, safeguarding users' funds. Sami Rissaoui, CWG Group's Head of Business Development, accepted the award on behalf of the company. In an interview, Rissaoui remarked, "Receiving the 'Best Trade Execution Award' at such a prestigious fintech expo is the highest recognition of our team's hard work. As a company regulated by the UK Financial Conduct Authority (FCA) and a member of the London Stock Exchange, CWG Markets is dedicated to providing the highest quality trading experience for our users. We will continue to drive fintech innovation and enhance our services to create greater value for our clients." As a globally recognized financial services firm, CWG Markets has earned the trust of its users through stringent regulatory compliance and exceptional service quality. Looking ahead, CWG Markets remains committed to the dual principles of innovation and service excellence. The company aims to lead the global fintech sector, offering superior services and unparalleled trading experiences to its users. About CWG Markets CWG Markets is a globally recognized financial services provider, regulated by the UK Financial Conduct Authority (FCA). Specializing in forex and CFD trading, CWG Markets offers a range of advanced trading solutions designed to meet the needs of both retail and institutional clients. With a commitment to innovation, security, and service excellence, CWG Markets delivers a seamless trading experience backed by cutting-edge technology and robust risk management practices. For more information, please visit www.cwgmarkets.com. Contact Details CWG Markets Sami Rissaoui +60 1-800-81-9380 complaint@cwgmarkets.com Company Website https://cwgmarkets.com/

June 25, 2024 05:06 AM Eastern Daylight Time

Image

SIGMA Announces Launch Schedule of SIGMA 18-50mm F2.8 DC DN | Contemporary for Canon RF Mount

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce pricing and availability of the SIGMA 18-50mm F2.8 DC DN |Contemporary for the Canon RF Mount System. It is the smallest and lightest F2.8 standard zoom for crop-sensor mirrorless cameras*. This is the first lens from SIGMA to be released for Canon RF Mount, and the lens offers a 28.8-80mm full-frame equivalent focal range on Canon APS-C format mirrorless cameras. R etail price is $599 through authorized US retailers, and the lens will be available in mid-July 2024. The SIGMA 18-50mm F2.8 DC DN | Contemporary is currently available for Sony E-mount, L-Mount, and Fujifilm X Mount camera systems. *since time of original release in October 2021, and effective June 2024. Launch schedule of SIGMA 18-50mm F2.8 DC DN | Contemporary for Canon RF Mount SIGMA Corporation is pleased to announce the launch schedule of SIGMA 18-50mm F2.8 DC DN｜Contemporary for Canon RF Mount. Supplied accessories: PETAL-TYPE HOOD LH582-02, FRONT CAP LCF-55 III, REAR CAP LCR II Mount: Canon RF Mount Launch: July, 2024 * Product appearance and specifications are subject to change. #SIGMA #SIGMA1850mmF28Contemporary #SIGMAContemporary #SIGMADCDN #SIGMARFMount A large F2.8 aperture zoom lens that need never leave your camera. This exceptionally light, bright, and sharp standard zoom for crop-sensor mirrorless cameras is the ultimate workhorse lens. 【Long-awaited Canon RF Mount addition】 SIGMA's first APS-C size mirrorless dedicated zoom lens, the SIGMA 18-50mm F2.8 DC DN | Contemporary, will now be available for the Canon RF Mount. This addition allows users to enjoy high-performance, and high-quality SIGMA zoom lenses in native mount on their Canon RF Mount system. A control algorithm including AF drive and communication speed optimization has been developed specifically for Canon RF Mount interchangeable lenses. In addition to realizing high-speed AF, the lens also supports Servo AF and in-camera aberration correction*. The mount is rubber-sealed to cater for use in a variety of environments. * Available on supported cameras only. Mount Conversion Service is available to convert other mounts of SIGMA 18-50mm F2.8 DC DN｜Contemporary to Canon RF Mount. 【Features】１．Large F2.8 aperture and superb image quality The compact body offers a versatile full-frame equivalent zoom range of 28.8mm to 80mm, a wide aperture of F2.8 throughout the entire zoom range that allows you to enjoy bokeh expressions, and sharp images achieved by the latest optical design technology. With a minimum focusing distance of 12.1cm and a maximum magnification of 1:2.8 *1, it allows photographers to take advantage of the compact shooting system, such as shooting close-ups of your subject. ２．Exceptionally compact and lightweight body ideal for mirrorless cameras The main feature of the SIGMA 18-50mm F2.8 DC DN | Contemporary is its overwhelmingly compact and lightweight body that maximizes the excellent portability and advantages of an APS-C mirrorless camera. Despite its large aperture of F2.8, it is the smallest and lightest in its class *2 boasting a maximum diameter of φ69.2mm, a length of 74.5mm and weight of 300g. *3 This makes the large-aperture standard zoom easy to carry around in daily life. *1 The minimum focusing distance and maximum magnification ratio are both values at the wide end. *2 As an AF compatible, F2.8 constant aperture standard zoom lens for APS-C (as of June 2024, by SIGMA). *3 Size and weight measurements given for Canon RF Mount version. 【Specifications】 Values are for Canon RF Mount Lens Construction：10 groups, 13 elements (1 SLD and 3 aspherical lenses)｜Angle of View (APS-C)：73.4°(W)-30.0°(T)｜Number of Diaphragm Blades：7 (rounded diaphragm)｜Minimum Aperture：F22｜Minimum Focusing Distance：12.1 (W) -30 (T) cm / 4.8 (W) -11.9 (T) in.｜Maximum Magnification Ratio：1:2.8 (W) -1:5(T)｜Filter size：φ55mm｜Dimensions (Diameter × Length)：φ69.2mm × 74.5mm / φ2.7in. x 2.9in.｜Weight：300g / 10.6oz. 【 Product Barcode 】 Canon RF Mount: 00-85126-58572-3 【 Accessories (Supplied) 】 Name of product / Product Barcode LENS HOOD LH582-02: 0085126 939694 FRONT CAP LCF-55 III: 0085126 930066 REAR CAP LCR II: For Canon RF Mount 0085126 941468 【 Accessories (Optional) 】 Name of product / Product Barcode SIGMA WR PROTECTOR 55mm: 0085126 930912 SIGMA PROTECTOR 55mm: 0085126 931049 SIGMA WR UV FILTER 55mm: 0085126 930653 SIGMA WR CIRCULAR PL FILTER 55mm: 0085126 930783 【Contact】 For further information, please contact your local authorized SIGMA representative listed in the link below: https://www.sigma-global.com/en/about/world-network/ 【Information】 SIGMA GLOBAL VISION： https://www.sigma-global.com/ SIGMA 18-50mm F2.8 DC DN | Contemporary product information： https://www.sigma-global.com/en/lenses/c021_18_50_28/ SIGMA Canon RF Mount special page： https://www.sigma-global.com/en/contents/sigma_rfmount_lenses/ Contact Details SIGMA CORPORATION OF AMERICA Jack Howard +1 631-201-7381 sigma.pr@sigmaphoto.com Company Website https://www.sigmaphoto.com/

June 25, 2024 01:00 AM Eastern Daylight Time

Image

U.S. Commerce Department Imposes Heavy Preliminary Duties on All Imports of Russian Ferrosilicon

U.S. Ferrosilicon Producers

The U.S. Commerce Department (“Commerce”) today announced preliminarily antidumping duties (“AD”) of 283.27 percent and countervailing duties (“CVD”) of 748.58 percent on all imports of ferrosilicon from Russia. Commerce’s determination is in response to petitions filed by U.S. ferrosilicon producers, CC Metals and Alloys, LLC (“CC Metals”) and Ferroglobe USA, Inc. (“Ferroglobe”), requesting eight AD and CVD investigations into unfairly priced and subsidized imports of ferrosilicon from Russia, Kazakhstan, Malaysia, and Brazil. All eight investigations were initiated on April 17, 2024. The significant duties announced today on Russian ferrosilicon imports address unfair pricing of Russian imports and improper subsidies received by Russian producers and exporters. CC Metals and Ferroglobe welcomed Commerce’s announcement. “Today’s announcement confirms that Russian producers and exporters received massive government subsidies that have allowed them to flood the U.S. market with unfairly traded ferrosilicon imports. This allowed Russia to be the dominant import source, accounting for over 30% of all imports in 2023,” said Marco Levi, Chief Executive Officer of Ferroglobe PLC. “These preliminary duties begin the process of removing the market and price distortions caused by improper Russian government intervention and support.” “Commerce’s decision validates our analysis that Russian producers and exporters have not been playing by the rules of international trade that they agreed to follow,” said Chris Cobb, Plant Manager of CC Metals and Alloys, Inc. “We are grateful to Commerce staff for its hard work and commitment to enforcing U.S. trade laws and ensuring that everyone complies with their international obligations. We look forward to seeing a level playing field restored.” Once Commerce’s determination is published in the Federal Register in the coming days, all importers of Russian ferrosilicon will be required to post cash deposits or a bond to secure the significant potential duties they may owe. Commerce also is continuing its investigations of imports from Kazakhstan, Malaysia, and Brazil. In those investigations, preliminary CVD determinations will be made no later than August 12, 2024, and AD determinations will be made no later than October 24, 2024. If the determinations in those cases are also affirmative, provisional duties on imports from Kazakhstan, Malaysia, and Brazil will be collected based on the preliminary margins calculated by Commerce. About the CC Metals and Ferroglobe CC Metals traces its roots back to 1949, when it was founded as a producer of large-volume commodity ferroalloys for the steel industry in Calvert City, Kentucky. Today CC Metals is an ISO 9001 certified leading manufacturer of more than 40 different products including 18 different ferrosilicons and more than 20 different magnesium ferrosilicon inoculants, high purity, 3%-9% magnesium and proprietary alloys. CC Metals ships over 100,000 metric tons of finished product annually from its manufacturing facility in Calvert City, KY via barge, rail and truck. Ferroglobe USA, Inc. is a wholly-owned U.S. subsidiary of Ferroglobe PLC, a world leading producer of silicon metal and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. Through its subsidiaries, Ferroglobe operates metallurgical manufacturing facilities and mining sites in Alabama, Indiana, Kentucky, Ohio, South Carolina, and West Virginia. For more information, visit https://www.ccmetals.com/ and https://www.ferroglobe.com/. Contact Details Elizabeth Heaton +1 202-445-9858 elizabeth@eahstrategiesllc.com

June 24, 2024 05:47 PM Eastern Daylight Time

Botanical Remedies LLC Introduces Enhanced Kratom Feature for Customized Potency

Rev Up Marketers

Botanical Remedies LLC, a leading provider of premium, lab-tested kratom products, is proud to announce the launch of its innovative Enhanced Kratom Feature, designed to offer customers a tailored experience with customized potency. This new feature marks a significant advancement in the kratom industry, underscoring the company's commitment to quality, safety, and customer satisfaction. The Enhanced Kratom Feature allows customers to select kratom products with customized potency levels, catering to individual preferences and needs. This feature leverages advanced processing techniques and rigorous lab testing to ensure each product meets precise potency specifications. By offering customizable options, it empowers users to fine-tune their kratom experience for optimal wellness benefits. Botanical Remedies LLC is dedicated to providing the highest-quality kratom products. The company meticulously sources its kratom from reputable farmers and suppliers who prioritize ethical practices and sustainability. Each batch of kratom undergoes rigorous third-party testing to verify its purity, potency, and safety. This comprehensive testing process ensures that products are free from contaminants, heavy metals, and adulterants, offering customers peace of mind and a superior product. The Enhanced Kratom Feature is available across Botanical Remedies LLC’s extensive range of kratom strains, including popular varieties such as Green Maeng Da, Gold Vein, and Hippie Dip. Customers can now choose their preferred strain and customize the potency to match their specific requirements. Whether seeking relaxation, focus, or energy, users can select the precise potency that best suits their needs. Ordering from Botanical Remedies LLC, is a seamless process. Customers can browse the extensive collection of premium kratom products on the company’s website, select their preferred strain and potency, and proceed to a secure checkout. The company prioritizes the safety of customer information, ensuring a secure transaction process. The company ensures prompt and discreet delivery of orders through fast and discreet shipping. Botanical Remedies LLC prides itself on providing exceptional customer support. The knowledgeable and friendly team is available to assist with any questions or concerns, offering guidance on product selection and usage. The company is committed to ensuring customer satisfaction and building long-lasting relationships with its valued clients. Confident in the quality of its products, Botanical Remedies LLC offers a satisfaction guarantee. If customers are not entirely pleased with their purchase, the company’s customer service team will work diligently to resolve any issues and ensure complete satisfaction. Customers who choose Botanical Remedies LLC join a thriving community of kratom enthusiasts. The company engages with its community through social media and newsletters, providing updates on new products, exclusive offers, and kratom-related information. About Botanical Remedies LLC is a veteran-owned company dedicated to providing premium, lab-tested kratom products. The company combines its dedication to quality with a profound respect for ethical practices, guaranteeing the sustainable sourcing and rigorous testing of all products. With a focus on customer satisfaction, it continues to set the standard in the kratom industry. For more information about Botanical Remedies LLC and the Enhanced Kratom Feature, please visit www.botanicalremediesllc.com. Contact Details Botanical Remedies LLC Shelly Hughes +1 305-393-4847 support@bremediesllc.com Company Website http://www.botanicalremediesllc.com/

June 24, 2024 10:13 AM Eastern Daylight Time

Image

Saison Technology Invests in DNX Ventures Fund IV U.S. Fund - Strengthening Technological Capabilities and Human Resource Development through AI, SaaS, and Other Startup Collaborations

Saison Technology International

Saison Technology, a global leader in data management and integration, announced investing $10 million in DNX Ventures Fund IV US. Founded in 2011, DNX Ventures (DNX) is a venture capital firm investing in B2B startups from seed to late stage, primarily in North America and Japan. It has over 190 portfolio companies with 23 exits and over $630 million under management. Saison Technology has been expanding its data management and integration business since its 2023 launch of HULFT Square, the company’s cloud-based iPaaS solution that is gaining significant adoption in Japan, Europe, and the United States. Through this investment in DNX, Saison Technology will collaborate with DNX’s portfolio of AI, SaaS, and other startups in North America and Europe, providing transformational products, services and support to them and collaborative solutions for their clients. “We are very pleased to have Saison Technology as a limited partner in Fund IV,” said Mitch Kitamura, Managing Partner/COO at DNX Ventures. “Beyond providing venture capital, we aid our portfolio companies with value-added resources through collaboration with our limited partners. Saison Technology is a market leader with many decades of experience helping companies of all sizes with digital initiatives. Through its commitment to Fund IV, Saison Technology will help guide our portfolio companies in expanding their businesses.” “As companies continue to purchase and implement cutting-edge cloud and AI technologies, having a proven platform to integrate them with existing enterprise applications and legacy data systems is essential,” said Makoto Hayama, President and CEO of Saison Technology Co. LTD. “Our company is one of the only providers that offers data management and integration solutions in the cloud, on-premise and as a managed service. We will provide these options to the DNX portfolio and their customers so that they have ultimate flexibility as they navigate more complex IT architectures.” About DNX Ventures DNX Ventures is a venture capital firm based in Silicon Valley and Tokyo that has been investing in B2B startups since 2011, primarily in the US and Japan. To date, in addition to the four main funds, we have managed a total of 11 funds including Annex and Seed, with a total of approximately $630 million USD (¥99 billion JPY), invested in 190 startup companies mainly in the US and Japan, and led 23 companies to exit. Among B2B startups, our main investment areas are AI, Enterprise SaaS, Deeptech, Climate Tech, Retail Tech, and Fintech, all of which we invest in at the early stage. Additionally, DNX Silicon Valley Team actively supports large corporations’ Open Innovation activities by leveraging Silicon Valley’s ecosystem. Running over 70 programs annually to foster talent development to support Open Innovation and has helped create collaborations between over 200 companies and overseas startups. By leveraging this experience, network, and knowledge, we aim to further collaborate between Japanese corporations and overseas startups and create new businesses. For more information, visit https://www.dnx.vc/usfund/top. About Saison Technology Saison Technology (TYO: 9640) has helped more than 10,000 global enterprises move critical information, streamline data flows, and automate processes to instantly put knowledge where it is needed. Knowledge empowers people, inspires strategy, and transforms businesses and markets. In the right hands, in the right place, it is much more than a set of facts. Knowledge is a force that can inspire innovation, drive profits, and affect positive change. For more information, please visit https://saison-technology-intl.com. Contact Details Kurt Foeller +1 415-588-6390 kfoeller@saison-technology-intl.com Company Website https://saison-technology-intl.com

June 24, 2024 07:10 AM Pacific Daylight Time

News Release

Gold Royalty Corp Announces Completion of Major Acquisition and Anticipates Significant Growth

Gold Royalty Corp

Gold Royalty Corp CEO David Garofalo joined Steve Darling from Proactive to share exciting news about the company's strategic developments. Gold Royalty Corp has completed its previously announced acquisition of a copper stream, operated by a subsidiary of Adriatic Metals plc and located in Bosnia and Herzegovina. The Vares Stream pertains to 100% of the copper production from the mining area over the Rupice deposit. This stream includes ongoing payments equal to 30% of the London Metal Exchange (LME) spot copper price, with the effective payable copper fixed at 24.5%. Garofalo provided further details, stating that Adriatic has offered production guidance of 240-300 kilotons (kt) of ore to be mined from Vares in 2024, with copper grades ranging from 0.5-0.6%. Adriatic forecasts 750-850 kt and 800-900 kt of ore to be mined in 2025 and 2026, respectively, at grades of 0.5-0.7% copper. The company also mentioned that recent guidance targets a mine life of 18 years with an attractive operating cost profile. Garofalo highlighted the remarkable growth Gold Royalty Corp is experiencing, expanding from 18 development-stage royalties to 240 royalties, which now include 5 producing projects. In 2024, Gold Royalty Corp expects 160% growth in revenue and anticipates positive free cash flow and earnings for the first time. The company projects a 60% compounded annual growth rate in revenue through the end of the decade, driven by royalties on major gold mines in North America. These developments underscore Gold Royalty Corp's strategic focus on expanding its portfolio and enhancing its revenue streams through significant acquisitions and robust growth in its royalty assets. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 24, 2024 10:05 AM Eastern Daylight Time

Video

News Release

Southern Silver Exploration Corp hits major milestone with updated PEA on Cerro Las Minitas Project

Southern Silver Exploration Corp

Southern Silver Exploration Corp President Larry Page joined Steve Darling from Proactive to share results from its updated Preliminary Economic Assessment on its Cerro Las Minitas project. The study is based on an updated Mineral Resourse with Indicated - 13.3Mt averaging 102g/t Ag, 0.07g/t Au, 0.17% Cu 1.3% Pb, and 3.1% Zn totaling 43.4Moz Ag, 32Koz Au, 49Mlb Cu, 374Mlb Pb and 921Mlb Zn; and Inferred - 23.4Mt averaging 111g/t Ag, 0.14g/t Au, 0.21% Cu, 1.1% Pb and 2.1% Zn totaling 83.4Moz Ag, 104koz Au, 111Mlb Cu, 582Mlb Pb and 1,106Mlb Zn. Page told Proactive the project’s Robust Economics has a Base Case1: after-tax NPV5% of $501M and IRR of 21.2%with a 48-month payback. The company says this latest economic update of represents a new milestone in the ongoing evolution and development of the project which is the culmination of a number of smaller technical improvements, developed over the last 18 months, which together result in a significant increase in the value of the Cerro Las Minitas asset. This includes the addition of new mineral resources from the North Felsite zone as first reported in March 2023; the standardization of the metallurgical recoveries and charges across each of the deposits, including the addition of gold revenues into the project cash-flow; improvements in the mine scheduling and optimization both the Operating and Capital costs of the project. Page feels infill drilling is needed, specifically on the portions of the deposit that fall within the Inferred category of classification will increase confidence in the Mineral Resource estimate, will further de-risk the project and potentially increase the value of the project. Page emphasised that the property is free from net smelter return royalties, making it more attractive for future deals. The focus is now on securing favourable agreements to maximise shareholder value. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

June 24, 2024 10:02 AM Eastern Daylight Time

Video

1 ... 141 142 143 144 145 ... 3767