Snowline Gold Completes Upsized C$172.6 Million Financing on Full Over-Allotment Exercise When an entire syndicate of top-tier investment banks exercises an over-allotment option in full, the market takes notice. CEO Scott Berdahl and Snowline Gold (TSX: SGD | OTCQB: SNWGF) have officially finalized an expanded C$172.6 million bought deal public offering to accelerate engineering, permitting, and development across the flagship Rogue project in the Yukon’s Selwyn Basin. Orchestrated by sole bookrunner BMO Capital Markets and co-lead underwriter CIBC World Markets, the full 15% option was snapped up alongside syndicate members Canaccord Genuity - Global Capital Markets, ATB Financial, National Bank Financial, Scotiabank, Agentis Capital, and Desjardins. Major corporate endorsement came from existing shareholder B2Gold Corp. (TSX: BTO | NYSE American: BTG), which participated to defend its strategic 9.9% equity stake. The massive capital injection provides total balance sheet insulation as Snowline advances its 7.94Moz Indicated Valley deposit in a prospective district alongside majors like Kinross Gold Corporation (TSX: K | NYSE: KGC) and Newmont Corporation (TSX: NGT | NYSE: NEM). How significant is this C$172.6M treasury boost for de-risking North America's next premier gold district? #Gold #Mining #PreciousMetals #Yukon #CapitalMarkets #TSX #MiningNews #Stocks #Investing #Finance #JuniorStocks #SnowlineGold #B2Gold #BMOCapitalMarkets 🔗 https://lnkd.in/gMUwy3nB
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Fin Resources Raises $1.7M to Drill 14 Untested Targets at Cabin Lake Fin Resources (ASX: FIN) has raised $1.7 million through a placement at $0.004 per share to fund the next phase of diamond drilling at its Cabin Lake Gold Project in Canada's Northwest Territories. Read more: https://lnkd.in/gquAN8GW Every announcement, minutes after it lands. Like this post and follow Bell Wire to keep the record coming. #FIN #Gold #PreciousMetals #ASX #Markets
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Mayo Lake Minerals Inc. (CSE: MLKM) has announced a non-brokered private placement alongside an upcoming August share consolidation to strengthen its capital structure. https://zurl.co/SvkOQ #MayoLakeMinerals #MiningStocks #GoldStocks #CanadaStocks #Investing
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NOVAGOLD gains full Donlin Gold LLC ownership through a $4.2B all-share deal, but financing the $9.2B Alaska mine now remains the decisive shareholder test. $NG #NOVAGOLD #DonlinGold #PaulsonAdvisers #GoldDevelopment #GoldMining #Alaska #NYSEAmerican #TSX #MiningInvestors
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Lowell Resources Funds Management have been great shareholders of Hamelin Gold Gold since IPO. It’s nice to see us topping the monthly performance of their fund holdings. The initial drill results from Day Dawn are looking very exciting. Also pleasing to see Astral Resources occupying a significant holding in the fund also, with the Mindilla DFS progressing and new deep drilling showing great depth potential.
July was a big month for unitholders of the A$102million ASX-listed Lowell Resources Fund. Payment of the 14.32c distribution was received in cash or as new units for participants in the Distribution Reinvestment Plan at a discounted price of $2.01 a unit. The fund also entered into an innovative equity swap arrangement with emerging WA #nickel group Western Mines Group which is now a major holding of the Fund. The best performer in the portfolio was Peter Bewick and Will Robinson's Hamelin Gold on the back of promising gold drilling results near GREATLAND GOLD PLC's Telfer mine in the Paterson. Read John Forwood's monthly report below.
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July was a big month for unitholders of the A$102million ASX-listed Lowell Resources Fund. Payment of the 14.32c distribution was received in cash or as new units for participants in the Distribution Reinvestment Plan at a discounted price of $2.01 a unit. The fund also entered into an innovative equity swap arrangement with emerging WA #nickel group Western Mines Group which is now a major holding of the Fund. The best performer in the portfolio was Peter Bewick and Will Robinson's Hamelin Gold on the back of promising gold drilling results near GREATLAND GOLD PLC's Telfer mine in the Paterson. Read John Forwood's monthly report below.
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Horizon Gold Ltd Q2 CY2026 Update - Gum Creek Gold Project A defining quarter for Horizon Gold: 🔹 Open Pit DFS delivered - 880koz production over 10 years, NPV₅ of A$1,307m and IRR of 53.1% 🔹 First gold targeted H2 2028, FID on track for Q2 2027 🔹 High-grade drill results returned at Omega, Kingfisher, Swift, Eagle and Goldfinch 🔹 $30 million capital raising completed to fund exploration and development See full ASX Announcement 🔗https://lnkd.in/gyAVgNRr #HRN #GumCreek #Gold Scott Williamson | Leigh Ryan | Peter Sullivan | Jamie Sullivan | Peter Venn | Trevor O'Connor
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Horizon Gold Ltd continues to make strong progress at the Gum Creek Gold Project, with the delivery of the Open Pit Definitive Feasibility Study marking an important milestone towards development. The quarter also saw encouraging drilling results across multiple deposits and a successful capital raising to support ongoing exploration and project advancement. https://lnkd.in/gyPPpyZN #UIL #HorizonGold #GumCreek #Gold #ASX
Horizon Gold Ltd Q2 CY2026 Update - Gum Creek Gold Project A defining quarter for Horizon Gold: 🔹 Open Pit DFS delivered - 880koz production over 10 years, NPV₅ of A$1,307m and IRR of 53.1% 🔹 First gold targeted H2 2028, FID on track for Q2 2027 🔹 High-grade drill results returned at Omega, Kingfisher, Swift, Eagle and Goldfinch 🔹 $30 million capital raising completed to fund exploration and development See full ASX Announcement 🔗https://lnkd.in/gyAVgNRr #HRN #GumCreek #Gold Scott Williamson | Leigh Ryan | Peter Sullivan | Jamie Sullivan | Peter Venn | Trevor O'Connor
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NovaGold gains full Donlin Gold ownership through a $4.2B all-share deal, but financing the $9.2B Alaska mine now remains the decisive shareholder test. $NG #NOVAGOLD #DonlinGold #PaulsonAdvisers #GoldDevelopment #GoldMining #Alaska #NYSEAmerican #TSX #MiningInvestors
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Westgold Resources Limited (ASX:WGX) has officially surpassed its FY26 production guidance, delivering a strong 387,354 ounces of gold. 📈 The company successfully maintained its all-in sustaining costs at $2,841 per ounce while keeping the business debt-free and fully unhedged. This robust financial position saw them generate an impressive $233 million in underlying cash build during the final quarter alone. Strategic streamlining also played a key role this year, with the successful divestment of the Peak Hill and Chalice gold projects. These moves mark the completion of their non-core asset strategy. 🏗️ Investors should keep an eye on August, when the company plans to release its full-year financial results alongside an updated multi-year outlook. Read the full story on Grafa – link in the comments.🔗 #WestgoldResources #ASX #GoldMining #MiningIndustry #FinancialResults #Grafa
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What's happened to CPR Invest - Global Gold Mines? Over the last three months it fell 13.6%, while the average fund fell 9.9%. It now beats just 8% of its peers. Over the past year it returned 48% against the average fund's 27%, ahead of 96% of the category. Over three years it beat every fund in its category, returning 162.8% against the average fund's 57%. That is nearly three times the average fund. See the full picture on CPR Invest - Global Gold Mines → https://lnkd.in/eYBMCSfV Past performance is not a guide to future returns. Capital is at risk.
FundsBenchmark - What Just Happened
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