Member Info for Mullins58

As a result of Pembridge's participation in the capital raise, Pembridge holds 11.2% of Minto Metals. The valuation of Minto Metals based on the subscription price of C$2.60 per share is C$187.1 million. Therefore, Pembridge's holding of 11.2% will equate to C$20.1 million (£12.3m at an exchange rate of £1:C$1.70), which is equal to £0.138 per undiluted Pembridge share based on the Company's issued share capital of 88,965,516 shares. If all existing options and the conversion rights of the recently issued convertible loan notes were exercised, the Company would have 122,220,856 issued shares.

Gati Al-Jebouri, Chief Executive Officer and Chairman of the Board of Pembridge said:
"This process has been complex, comprising several steps, and we are very pleased that we now have the RTO that formed Minto Metals Corp complete and its listing on TSXV imminent. We are proud to have been part of re-starting the Minto mine and this new structure is what the mine needs to continue its development. When the Minto Metals shares are traded on TSXV, we hope that the market will recognise the value of Pembridge's holding."

https://www.londonstockexchange.com/news-article/PERE/minto-completes-reverse-take-over-transaction/15223341

https://www.londonstockexchange.com/news-article/TRR/thacker-pass-ontario-court-dismisses-lrc-action/15223366

Anyone attending !

Kam , good luck, you never know !

Nicole Galloway Warland, Managing Director of Thor Mining, commented:

"We are excited to be sharing this new discovery at our Molyhil critical metals project.

Testing a new geological concept, in this case an interpreted magnetic target from 3D modelling to the south of existing mineralisation, has paid off significantly. The tungsten-molybdenum-copper mineralisation is open to the south and the third hole is designed to test this south plunging model.

The extension of this mineralisation, directly south of the deposit, in a previously untested area, is pivotal to the overall Molyhil project. We look forward to updating shareholders as more information becomes available."

Adam Davidson, Chief Executive Officer of Trident commented:



"Trident is pleased to note that Ramelius has achieved effective control of Apollo and will assume operatorship of Lake Rebecca. Ramelius is a natural operator for Lake Rebecca given its existing gold mining operations in Western Australia, and by having the necessary in-house technical capacity required to successfully transition Lake Rebecca into a gold producer. The company also has the financial capacity to optimise the size of the potential operation, without the capital constraints of a junior exploration company.

"The combined Ramelius-Apollo entity will have a net-cash position of A$194.8M, over six million ounces of Mineral Resources and over one million ounces in Reserves, with Lake Rebecca forming a key component of Ramelius' future growth aspirations. Ramelius previously identified the desire for Lake Rebecca to become a project with a 10-yr mine life operating at least at 100,000koz per annum, which is in excess of Trident's original economic assessment. At that rate and the current gold price, Trident would benefit from annual royalty payments of US$2.8M 4 - a fantastic return in the fiercely competitive precious metal royalty space.

"Trident looks forward to partnering with Ramelius as Lake Rebecca continues towards a development decision."

https://www.londonstockexchange.com/news-article/TRR/royalty-update-ramelius-acquires-control-of-apollo/15221732

https://www.londonstockexchange.com/news-article/THR/over-45m-of-mineralisation-intercepted-at-molyhil/15221705

News Soon
The Resulting Issuer common shares are expected to commence trading on the Exchange with the symbol "MNTO" before the end of November 2021, following the fulfilment of the remaining conditions by 778, Minto and the Resulting Issuer.

Not long for the RUBBER STAMP. ATB

Copper recovery

https://www.youtube.com/watch?v=cSLCwf46I5M

Getting Closer ! ATB

GIT
Yep, lets hope the New Year starts off with a Bang !
ATB

Justine James
Mon 22/11/2021 07:16
Morning K.....
The pattern is quarterly and recently did monthly due to the transition following plant improvements.
Best wishes
Justine
Justine James
Alma PR
+44(0) 7525 324431

Alba's Executive Chairman, George Frangeskides, commented:
"Our ongoing exploration programme at the Dolgellau Gold Field in Wales has not only yielded substantial precious metal grades, including 20.6 g/t gold and 27.1 g/t silver at the Carndochan Gold Mine, but, importantly, it has also generated strong base metal results, which greatly increase the Project's multi-commodity potential. With grades for high demand metals of up to 3.96% copper, 4.25% lead and 2.39% zinc at the newly identified Afon Gain Prospect, we look forward to continuing to advance this multifaceted UK project and quantifying its full potential."

"In other encouraging news, I am pleased to report on constructive discussions having been held with the regulatory authority on the matter of our application to dewater the Llechfraith Shaft at the Clogau Gold Mine. Our team is now working to provide updated submissions with a view to a further consideration of our application."

https://www.londonstockexchange.com/news-article/ALBA/gold-and-base-metal-grades-across-multiple-targets/15219884

Arthur Millholland, President & CEO, commented:



"We continue to move forward with our program. As I indicated a week ago, the Shannon field is performing beyond our expectations. This well surprised us in August with its response to gas injection. The return to stable gas injection volumes in the field caused flowing pressures of the well to increase to 1150 psi this past week, much higher than those observed in August. The upgraded surface facility has permitted reduced well head flowing pressures allowing for separated produced gas to enter our gas gathering system for compression and reinjection. With this strong response, upgraded facilities and continuing stable injection volumes we expect increased oil production, from this well and additional wells in the field, in accordance with increases predicted in our recent reservoir simulation."

https://www.londonstockexchange.com/news-article/COPL/increased-oil-production-at-barron-flats/15219893