Latest news with #Hercules'
Yahoo
21-03-2025
- Science
- Yahoo
Archaeologists Discovered a 1,700-Year-Old Statue of Hercules—Without His Head
Archaeologists discovered a 1,700-year-old 20-inch statue of Hercules in Florence, Italy. A student with a pickaxe discovered the miniature marble statue in three fragments. The fragments all fit together, allowing the statue to piece together, minus that pesky head, of course. Archaeologists excavating a private property in Florence, Italy, discovered a 20-inch statue of Hercules missing its head, though not altogether headless. Despite no cranium on the Greek hero, the statue included details from Hercules' mythic 12 labors, including the skin of the Nemean lion and the severed head of the Cretan bull. Archaeologists from Valdelsa Fiorentina and the University of Florence discovered the statue in the town of Montaione in the province of Florence and has been dubbed the Hercules of Valdelsa. 'It's a discovery that excites us and reminds us how archaeology constantly surprises us with new objects and insights,' Antonella Ranaldi, superintendent of Archaeology, Fine Arts, and Landscape for the Metropolitan City of Florence, said in a statement provided by Cornell University. The professional archaeologists got an assist from archaeology majors from Cornell, including senior Alexander Cooper-Bohler. 'Thankfully, I noticed the strange shape of the statue's abdomen before my pick could cleave it in half,' Cooper-Bohler said. 'I spent the rest of the day carefully removing the dirt from around the statue with dental tools. It is the first statue found in over a decade of excavations at the site and made the weeks of digging in the hot Tuscan summer worth it!' The statue was dated to between the middle and late Imperial age from the third to fourth centuries, A.D., according to a translated report from Italian media, making it a roughly 1,700 find. The diminutive statue depicts a nude Hercules leaning to his right on his club, adorned with the trophies from his labors. According to Greek mythology, the Oracle of Delphi advised Hercules to travel to Tiryns to serve his cousin, King Eurystheus of Mycenae, for 12 years, for which he would be rewarded with immortality. In addition to the two beasts included on the statue, other labors included retrieving a golden apple from the edge of the world, capturing the multi-headed dog Cerberus, cleaning the stables of King Augeas, and more. Hercules was often depicted with the Nemean lion skin in statues and art, along with a variety of his unique weapons, but experts said finding art showing him capturing the bull is rare. 'The statuette is nearly complete, made of three fitting pieces,' Ranaldi said, 'and the bull at Hercules' feet is an unusual and fascinating detail.' 'Uncovering this statue reminded me of one of the things that drew me to archaeology in the first place,' said Cooper-Bohler, 'which is the thrill of discovery and the excitement of never knowing what you'll find.' You Might Also Like The Do's and Don'ts of Using Painter's Tape The Best Portable BBQ Grills for Cooking Anywhere Can a Smart Watch Prolong Your Life?
Associated Press
17-03-2025
- Business
- Associated Press
Zeus North America Mining Corp. samples up to 3.8% copper, 307 g/t silver and 182 g/t molybdenum in rock grab samples at Cuddy Mountain, Idaho
Highest rock grab samples over the mapped volcanic rocks near the valley floor interpreted to be sub-cropping exposure of the Seven Devils Volcanics, host rock of the Leviathan discovery VANCOUVER, BC / ACCESS Newswire / March 17, 2025 / ZEUS NORTH AMERICA MINING CORP. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) (THE 'COMPANY' OR 'ZEUS') is pleased to announce the rock grab sample results from the previously announced exploration program at its Cuddy Mountain Project (the 'Project' of 'Cuddy Mountain') in Idaho. Cuddy Mountain is located approximately 3 kilometres ('km') to the north of Hercules Metals Corp.'s high-grade 'Hercules' copper-moly-silver porphyry discovery announced in October 2023. Highlights of the Rock Grab Sampling Program at Cuddy Mountain: Dean Besserer, President and CEO, stated, 'These anomalous rock grab samples are another layer helping to build out an extensive first phase high-priority drill campaign. The anomalous rocks within or near the mapped Seven Devils Volcanics are ideally located, reinforcing our confidence in this highly prospective target. We look forward to releasing the remainder of our fieldwork results as we move the project towards a planned upcoming drill program. With the nearby Hercules project gearing up for an aggressive 2025 drill season, the geological team at Zeus is eager to follow suit in the near future as Copper, Silver and Gold hit their 2025 highs.' The figures show the rock grab samples overlain on the soil contours. The dashed line delineates the broad soil anomaly which is also shown overtop of the mapped Seven Devils Volcanics. About the Cuddy Mountain Copper Property (Idaho, USA) The Cuddy Mountain Property is adjacent to Hercules Metals Corp.'s recently discovered Leviathan Copper Porphyry (Cnd$167Million Market Capitalization).* The discovery resulted in Barrick injecting Cnd$23Million in equity while staking a substantial land position in the district along with Rio Tinto. The Cuddy Mountain Property consists of 101 lode mining claims respectively and cover a cumulative area of approximately 2020 acres. Historical Drilling at Cuddy Mountain consisted of 7 shallow drill holes in 1977 intersecting anomalous lead and silver. Drill hole Mun 8 contained 90 feet of 2.02 ounces per tonne ('oz/t') Ag (Taylor, 1977). Further historical exploration on Zeus's Cuddy Mountain Project occurred at the Edna May Mine: Mineralized vein with chip samples containing 750 ppm lead ('Pb'), 7.7% zinc ('Zn') and 252 ppm Ag over 4 feet. Underground drilling in 1979 intersected 1.38 oz/t Ag over 7 feet in a breccia zone (Burmeister, 1980). Additional exploration (By Taylor, 1977) at the Rockslide area encountered Malachite-stained outcrops with a grab sample containing 760 ppm Pb, 0.67 % Zn and 36 grams per tonne Silver (Taylor, 1977). *Adjacent Property ( *All information is derived solely from management of Zeus Mining and otherwise publicly available third-party information which are believed to be reliable, but which have not been independently verified by the Company and as a result are not guaranteed as to accuracy and completeness. Zeus's management cautions that past results or discoveries on properties in proximity to Zeus may not necessarily be indicative of the presence of mineralization on the Company's properties. Qualified Person The scientific and technical information in this news release has been reviewed and approved by Dean Besserer, the President & CEO for the company and Qualified Person as defined in NI 43-101. On behalf of the board of directors. 'Dean Besserer' President and CEO FOR INVESTOR RELATIONS CONTACT: Kin Communications Inc. Ph: 604-684-6730 [email protected] About Zeus North America Mining Corp. The Company is in the business of mineral exploration. The Company is focused on its exploration properties in the state of Idaho known as the: Cuddy Mountain; Selway; and Great Western properties, respectively. The Idaho properties consist of 101 (Cuddy Mountain), 57 (Selway) and 38 (Great Western) lode mining claims respectively and cover a cumulative area of approximately 4,200 acres. The Company's flagship Cuddy Mountain Property is adjacent to Hercules Metal Corp's Leviathan Copper Porphyry discovery. Forward Looking Statements When used in this news release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Company believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this news release include, amongst others, the Company's exploration plans. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements or implied by such forward-looking statements. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of its securities or its financial or operating results (as applicable). The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. The Company does not undertake to update this information at any particular time except as required in accordance with applicable laws. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Associated Press
05-03-2025
- Business
- Associated Press
Hercules Capital Announces Offering of $250.0 Million of Convertible Unsecured Notes
Hercules Capital, Inc. (NYSE: HTGC) ('Hercules' or the 'Company'), today announced that it plans to make an offering of $250.0 million aggregate principal amount of its Convertible Unsecured Notes due 2028 (the 'Convertible Notes'). The Company plans to grant the initial purchasers an option to purchase up to an additional $37.5 million principal amount of the Convertible Notes to cover overallotments, if any. The Convertible Notes will be offered only to qualified institutional buyers (as defined in the Securities Act of 1933, as amended (the 'Securities Act')) pursuant to Rule 144A under the Securities Act and to certain non-U.S. persons outside of the United States pursuant to Regulation S under the Securities Act. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed. The Convertible Notes will be unsecured, will pay interest semiannually and will be convertible under specified circumstances based on a conversion rate to be determined. Upon conversion, the Company will pay or deliver, at the Company's election, cash, shares of the Company's common stock or a combination of cash and shares of common stock, subject to an irrevocable settlement method election that may be made by the Company. The Company will not have the right to redeem the Convertible Notes prior to maturity. The Convertible Notes will mature on September 1, 2028, unless repurchased or converted in accordance with their terms prior to such date. The interest rate, initial conversion rate and other terms of the Convertible Notes are to be determined upon negotiations between the Company and the initial purchasers. The Company intends to use the net proceeds from this offering (i) to fund investments in debt and equity securities in accordance with its investment objective and (ii) for working capital and other general corporate purposes. Neither the Convertible Notes nor the common stock that may be issued upon conversion thereof will be registered under the Securities Act. Neither the Convertible Notes nor the common stock that may be issued upon conversion thereof may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. This press release does not constitute an offer to sell any securities of Hercules Capital, Inc. and is not soliciting an offer to buy such securities in any state where such offer and sale is not permitted. About Hercules Capital, Inc. Hercules Capital, Inc. (NYSE: HTGC) is the leading and largest specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology and life sciences industries. Since inception (December 2003), Hercules has committed more than $21 billion to over 670 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. Companies interested in learning more about financing opportunities should contact [email protected] or call 650.289.3060. Hercules, through its wholly owned subsidiary business, Hercules Adviser LLC (the 'Adviser Subsidiary'), also maintains an asset management business through which it manages investments for external parties ('Adviser Funds'). The Adviser Subsidiary is registered as an investment adviser under the Investment Advisers Act of 1940. Hercules' common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol 'HTGC.' In addition, Hercules has one retail bond issuance of 6.25% Notes due 2033 (NYSE: HCXY). Forward-Looking Statements This press release may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'will,' 'should,' 'may' and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. Hercules assumes no obligation to update any such statements in the future. Investor Relations and Corporate Communications Hercules Capital, Inc. (650) 433-5578 SOURCE: Hercules Capital, Inc. Copyright Business Wire 2025. PUB: 03/05/2025 07:30 AM/DISC: 03/05/2025 07:30 AM
