Precious Metals

gold trading news

i-80 Gold Gains Acceptance to Begin Trading in the U.S. on the OTCQX Best Market

i-80 Gold Corp. ("i-80", "the Company") (TSX: IAU) is pleased to announce that its application to the OTC Markets Group for the Company's common shares to begin trading on the OTCQX Best Market has been accepted. On Thursday August 26, 2021 the Company's Common Shares will begin trading on the OTCQX Best Market under the ticker symbol IAUCF after qualifying for an upgrade from the Pink market. The listing is expected to make the Company's shares more widely available to North American investors.

i-80 Gold Corp Logo (CNW Group/i-80 Gold Corp)

"This is exciting news for the Company and will allow for a broad set of shareholders to invest in i-80. We are pleased to be accepted onto the OTCQX and believe this is the next step in unlocking the value of our Nevada focused mining company", stated, Ryan Snow , Chief Financial Officer of i-80.

The OTCQX was created in 2010 and is recognized as an "Established Public Market" by the U.S. Securities and Exchange Commission (the "SEC") and is a leading market for US and international companies in the entrepreneurial and development stage. The OTCQX Best Market is the highest market tier of OTC Markets on which 11,000 U.S. and global securities trade and, as a verified market with efficient access to US investors, the OTCQX helps companies build shareholder value with a goal of enhancing liquidity. No common shares will be issued as part of the listing and the Company's common shares will continue to trade on the TSX under the symbol IAU as the Company's primary listing.

The Company believes that having its common shares traded on the OTCQX will provide enhanced investor benefits, including easier trading access for investors located in the US, and greater liquidity. Stifel, Nicolaus & Company, Incorporated acted as the Company's OTCQX sponsor on the listing.

About i-80 Gold Corp.

i-80 Gold Corp. is a Nevada -focused gold company focused on achieving mid-tier gold producer status through the continued development of its high-quality assets. The Company continues to produce gold from its 40%-owned South Arturo Property and is actively advancing an underground development program for the Granite Creek Project. i-80 is well financed with approximately $70 million in cash and equivalents.

Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to, commencement of trading of i-80 Gold on the OTCQX and the anticipated benefits from trading on the OTCQX. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to those listed in our Annual Information Form for the year ended December 31, 2020 under the heading "Risk Factors" which is available on SEDAR.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/i-80-gold-gains-acceptance-to-begin-trading-in-the-us-on-the-otcqx-best-market-301363310.html

SOURCE i-80 Gold Corp

News Provided by PR Newswire via QuoteMedia

nuclear reactors and gold bars

Top Stories This Week: Gold Maintains Gains, Uranium Mania Still to Come

As the third week of the new year wraps up, gold's momentum remains strong. After breaking the US$1,900 per ounce mark last week, the yellow metal has kept above that level, ending Friday (January 20) around US$1,925.

December's producer price index (PPI) data was in the headlines this week, with a decline of 0.5 percent month-on-month and a year-on-year increase of 6.2 percent. The 0.5 percent fall was the largest since the start of the COVID-19.

The PPI looks at final demand prices across a wide variety of categories, and is meant to measure inflation at the wholesale level. It's different from the consumer price index, which measures changes in the prices consumers pay for goods and services.

Keep reading...Show less
VIDEO — Jeffrey Christian: Gold, Silver Gaining Traction, 2023 Will be Year of Transition

VIDEO — Jeffrey Christian: Gold, Silver Gaining Traction, 2023 Will be Year of Transition

Investors who backed away from precious metals in 2022 may be ready to re-enter the sector this year.

Speaking to the Investing News Network, Jeffrey Christian, managing partner at CPM Group, said in the first few of weeks of the new year he's already seen better interest from institutional investors and high-net-worth individuals.

"If I'm right, what we'll see is a lot more rational investors saying, 'Gold and silver make sense in a diversified portfolio. I understand their loose relationship with interest rates, I understand their loose relationship with stocks and inflation and other factors — but I also understand that if I have gold and silver in my portfolio, I have a less volatile net wealth,'" he said.

Keep reading...Show less
Heritage Mining President, CEO and Director Peter Schloo

Heritage Mining "Poised for Discovery" in 2023, CEO says

Heritage Mining ‘Poised for Discovery’ in 2023, CEO saysyoutu.be

Keep reading...Show less

Donlin Gold Announces Final Assay Results for 2022 Drill Program

Donlin Gold LLC ("Donlin Gold"), owned 50:50 by Barrick Gold Corporation ("Barrick") (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURCES INC. ("NOVAGOLD") (TSX, NYSE American: NG), is pleased to report the release of the final set of assay results from the 2022 drill program. The assay results for the final 44 drill holes and full 2022 drill program are reported in Table 2 in the Appendix.

The comprehensive 141-hole, 42,331-meter (m) drill program was safely and successfully completed ahead of schedule, under budget and included multiple high-grade gold intercepts reported from the latest set of assays. These include DC22-2130 that intersected 17.20 m grading 11.11 g/t gold, with a sub-interval of 4.25 m grading 36.91 g/t gold.

The results from the 2022 drill program reconcile favorably with the resource model as well as further support the global resource estimate and recent modelling concepts.

Donlin Gold continued to work in partnership with Alaska Native landowners Calista Corporation ("Calista") and The Kuskokwim Corporation (TKC) in stakeholder and government engagement in the Yukon-Kuskokwim (Y-K) region, Alaska, and Washington, D.C.

Environmental and social investment focused on the Y-K region included support for important health and safety initiatives in remote communities, cultural preservation efforts, and educational programming in collaboration with school districts and other organizations.

Donlin Gold continued to advance state permitting efforts, including the renewal of air and water permits in 2022.

With an increased appreciation of the geology, the experienced team will continue to focus on updating the resource model and completing trade-off studies — all of which are moving the Donlin Gold project up the value chain and leading toward an updated feasibility study decision.

Statements by the Owners

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Kestrel Gold - Audited Financial Statements for the Year Ended September 30, 2022, Filed and Corporate Presentation Updated

Kestrel Gold Inc. ("Kestrel" or the "Company") (TSXV:KGC) is pleased to announce it has filed its Audited Financial Statements for the year ended September 30, 2022, and the corresponding Management Discussion and Analysis on SEDAR. The Company has also updated its Corporate Presentation to January 2023 and has made it available on the Company's website. Additional revisions and updates to Kestrel's website will be forthcoming

About Kestrel Gold

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Impact Minerals

Supplementary Announcement In Relation To The BHP Xplor Program

Impact Minerals (ASX:IPT) is pleased to provide additional details in relation to its ASX release dated 17 January 2023 announcing that it had been selected to participate in the inaugural BHP Xplor program to help fund exploration at the Company’s Broken Hill Project in New South Wales.

Keep reading...Show less

Latest Press Releases

Related News

×