Magnetic Resources

Magnetic Resources NL (ASX: MAU) – Trading Halt

Description

The securities of Magnetic Resources NL (‘MAU’) will be placed in trading halt at the request of MAU, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Friday, 15 March 2024 or when the announcement is released to the market.


Issued by

ASX Compliance


Click here for the full ASX Release

This article includes content from Magnetic Resources NL, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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Magnetic Resources NL

Magnetic Resources NL


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Gold Fields Lowers Production Guidance Due to Adverse Weather in Chile

Major miner Gold Fields (NYSE:GFI) revised its 2024 gold production downward on Thursday (June 13), saying that severe winter weather conditions have affected its Salares Norte asset in Chile.

Salares Norte, located in Northern Chile, has encountered challenges due to early and prolonged winter weather. This has led to the freezing of materials in the piping of the process plant, causing temporary shutdowns.

The unforeseen weather conditions have disrupted the ramp-up phase, forcing the company to revise its output targets.

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Impact Minerals

Impact Receives $354,000 from Research and Development Rebate

Impact Minerals Limited (ASX:IPT) is pleased to announce that it has received a rebate of $354,000 after costs from the Research and Development Tax Incentive scheme for the financial year ending June 2023.

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Jp Cortez, gold bars.

Jp Cortez: Fix the Money, Fix the World — Gold and Silver Will Win Out

Speaking to the Investing News Network, Jp Cortez, executive director at Sound Money Defense League, discussed the importance of sound money and his organization's efforts to remonetize gold and silver in the US.

2024 has been the most successful year in Sound Money Defense League's decade-long history, with six states signing bills into law that end sales taxes on gold and silver. Only five states still charge these taxes.

In total, Cortez said more than 60 pieces of legislation have been introduced in over 25 states so far this year.

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SAVE THE DATE: NOVAGOLD 2024 Second Quarter Financial Results Release, Conference Call and Video Webcast

NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2024 second quarter financial results after market close on June 26, 2024. A conference call and video webcast to discuss these results will take place June 27, 2024, at 8:00 am PT (11:00 am ET).

During the webcast, NOVAGOLD's President and Chief Executive Officer, Greg Lang; and Vice President and Chief Financial Officer, David Ottewell, will provide a summary of the company's second quarter financial results and an update on the Donlin Gold project.

News Provided by GlobeNewswire via QuoteMedia

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Prospect Ridge Resources (CSE:PRR)

Prospect Ridge Announces First Tranche Closing of Unit Private Placement and New Flow Through Unit Private Placement

Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE:PRR | OTC:PRRSF | FRA:OED) is pleased to announce that it has closed the first tranche of its non-brokered private placement of $0.16 units (the "Unit Offering") announced May 29, 2024 (see news release for details), issuing an aggregate of 13,284,500 units for gross proceeds of $2,125,520.

In connection with the first tranche, the Company paid and issued an aggregate of $28,515 and 189,157 finder warrants (having the same terms as the private placement warrants) in payment of finder fees. All securities issued in the first tranche are subject to a statutory hold period expiring on October 14, 2024. The Company has further received CSE approval for an extension for the balance of the Unit Offering.

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Magnetic Resources NL

Magnetic Resources NL Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

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