Member Info for Mullins58

Https://www.bbc.co.uk/news/business-65612295

Yep , I have a reasonable holding in ALBA , will be adding more here when finances allow. ATB

Https://www.londonstockexchange.com/news-article/GROC/director-pdmr-shareholding/15959572

Https://www.londonstockexchange.com/news-article/GROC/director-pdmr-shareholding/15959572

Https://twitter.com/UKOGlistedonAIM/status/1658461436811571203?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Added a few more . ATB

Jimbo , the deal will get done . ATB

Just added another Royalty to their growing portfolio , its in Mexico

https://www.lse.co.uk/rns/TRR/acquisition-of-near-production-silver-royalty-qtuazbquywannq7.html

Zoom , hope all is well. The UK are getting left behind . ATB

Great news today, lets hope Loxley can imitate their success. ATB

Trident Royalties Plc (AIM: TRR, OTCQX: TDTRF), the diversified mining royalty company, is pleased to announce that it has entered into a binding sale and purchase agreement ("SPA") with Coeur Mining, Inc. ("Coeur", NYSE: CDE) to acquire royalties and a milestone payment (the "Royalty Assets", and the acquisition thereof, the "Transaction") over the La Preciosa Silver Project ("La Preciosa" or the "Project"), owned by Avino Silver & Gold Mines Ltd. ("Avino", TSX: ASM, NYSEAMERICAN: ASM), in Mexico.

The Royalty Assets comprise:

· 1.25% net smelter return royalty (the "NSR Royalty") covering the Gloria and Abundancia veins;

· 2.00% gross value return royalty (the "GVR Royalty") covering all other areas of La Preciosa; and

· US$8.75 million milestone payment (the "Milestone Payment"), payable within 12 months of first silver production at La Preciosa.

In consideration, Trident shall pay US$7 million in cash on closing, and a further US$1 million, in cash or shares at Trident's election, upon receipt of the Milestone Payment or other circumstances as set out in the SPA.

HIGHLIGHTS

Near term cash flow over an attractive asset & new commodity exposure

· La Preciosa is one of the largest undeveloped primary silver resources in Mexico, originally acquired by Coeur in 2013 for approximately C$350 million. In March 2022, Coeur sold the asset to Avino for cash, shares, and the Royalty Assets.

· Avino operates the Avino silver mine and mill 19km from La Preciosa, producing concentrates which are sold to Samsung C&T U.K. Ltd. Avino intends to begin processing stockpiled material from La Preciosa in late H2 2023 at its mill, before commencing production from fresh ore in 2024.1

· Avino intends to ramp annual silver production from La Preciosa to circa 3 million ounces ("Moz") by 2027, increasing to 3.5Moz in 2028.2 With a current total Mineral Resource estimate of 120Moz of silver and 224,000 ounces of gold3, La Preciosa is expected to be a long-life asset with further expansion potential.

· The Transaction introduces a new commodity to Trident's portfolio, which currently contains exposure to gold, lithium, copper, iron ore, and mineral sands. In addition to being a tangible store of value and an inflation hedge, with over 50% of silver use for industrial purposes, it is increasingly important due to its conductivity and corrosion resistance, making it a critical component of both solar panels and electric vehicles.

Adam Davidson, Chief Executive Officer of Trident commented:

"This transaction with Coeur again demonstrates our ability to add value for shareholders. The generation of cash earlier this year from the highly profitable disposal of several exploration stage gold royalties has enabled us to complete a speedy and efficient transaction that provides Coeur with a meaningful cash consideration while delivering an attractive return for our investors.

"The Trident portfolio is developing and maturing. La Preciosa is expected to start generating cash for Trident in the near-term, further adding to the rising cash profile that we see over the coming years. La Preciosa is a highly attractive, long-life asset. We are delighted to add silver to our portfolio, combining aspects of precious metals along with significant potential within electrification and transition materials."

Https://www.londonstockexchange.com/news-article/TRR/acquisition-of-near-production-silver-royalty/15955614

Angus Energy (AIM: ANGS) is pleased to announce that, as planned, the second compressor at Saltfleetby Field was successfully commissioned in dual compressor mode on 10th May and the 3 producing wells in the field, B2, A4 and the new B7T well, have been flowing gas to the National Grid at the combined average daily rate of 9.5 mmscfd since then. This represents more than a 75% increase in production over that achieved in the first quarter of this year. As expected, the new B7T well is producing between 4-5 mmscfd through the temporary flowline with stable flow as it continues to clean-up.

Angus CEO, Richard Herbert, commented: "The achievement of our goal of putting 3 wells in production through the Saltfleetby facility is very satisfying and represents an important milestone for the Company as it positions for strong cash flow generation and growth in the future. I am very grateful to the Angus team for all their hard work to deliver this great progress."

Https://www.londonstockexchange.com/news-article/ANGS/saltfleetby-field-production-ramp-up/15955470

Https://www.bbc.co.uk/news/business-65573775.amp

Out

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Nice !