Latest news with #LukeNorman
Yahoo
20-06-2025
- Business
- Yahoo
Leviathan Gold to acquire 100% interest in Botswanian copper and uranium assets
Leviathan Gold has signed a non-binding letter of intent (LoI) with Cura Exploration Botswana to acquire a 100% interest in a significant copper and uranium exploration portfolio in Botswana. This move comes through the acquisition of all issued and outstanding securities of Privco, which holds the prospecting licences in the region. Privco is currently party to share purchase agreements (SPA) for the purchase of all shares of the AfriMetals Entities, which possess the Central Project land package adjacent to MMG's Khoemacau deposits. These deposits boast substantial mineral resources and were acquired by MMG for $1.9bn (A$2.93bn) in 2023. The AfriMetals Entities also hold a comprehensive portfolio of uranium prospecting licences in Botswana. The Serule Uranium Project is located next to the Letlhakane Uranium Project, which Lotus Resources acquired in 2023. Recent drilling at Serule has indicated a mineralised zone more than 4km wide. Under the proposed terms, Leviathan Gold will issue 35,000,000 common shares and 5,500,000 share purchase warrants in exchange for Privco shares and warrants. The company will also assume the obligation to pay milestone payments to the sellers, potentially issuing up to an additional 16,500,000 Leviathan Shares. The proposed transaction is subject to the completion of due diligence within 60 days from the LoI and the finalisation of a definitive agreement. If completed, Privco's former shareholders would own approximately 35% of Leviathan Gold, or 38.5% if all warrants are exercised. The transaction is expected to be executed through a "three-cornered" amalgamation with a wholly owned subsidiary of Leviathan and is subject to restrictions and policies of the TSX Venture Exchange. Leviathan Gold president and CEO Luke Norman said: 'The proposed acquisition by Leviathan of Privco would result in Leviathan adding to its portfolio of mineral assets the highly strategic and yet under-explored Central Project directly adjoining MMG's world-class Khoemacau 'Cluster' of copper deposits on the Kalahari Copper Belt – with which Central appears to share important geophysical, structural and stratigraphic indicators – places Leviathan in pole position to make a major copper discovery in mining-friendly Botswana.' Under the terms of the SPAs, Privco must fulfil financial obligations that include not only the milestone payments but also a total cash payment of $2.2m. To date, Privco has already paid $390,000.01 of this amount to the sellers. Furthermore, Privco has spent C$93,000 on the creation of technical reports in compliance with National Instrument 43-101, which sets the disclosure standards for mineral project reporting, concerning the properties in question. "Leviathan Gold to acquire 100% interest in Botswanian copper and uranium assets" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
U.S. Gold Corp. set to join Russell 3000® and Russell 2000® Indexes in FTSE Russell's Annual 2025 Reconstitution
CHEYENNE, Wyo., June 2, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that we have met the criteria for inclusion in the broad-market Russell 3000 Index (the "Russell 3000") and the small-cap Russell 2000 Index (the "Russell 2000") at the conclusion of the Russell indexes annual reconstitution, effective after the U.S. market opens on June 30, 2025, according to a preliminary list of additions posted Friday, May 23, 2025. The reconstituted indexes are expected to take effect after U.S. market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution. Inclusion in the Russell 2000, which is maintained for one year, is based on inclusion in the broader Russell 3000. The Company's stock will also be automatically added to the appropriate growth and value indexes. The Russell 3000 includes the largest 3,000 U.S. public companies by market capitalization. The Russell 2000 is a subset of the Russell 3000 that is limited to small-cap companies. The indexes are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date, which was April 30, 2025, this year. Index membership results in automatic inclusion in the relevant growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. "We believe our preliminary inclusion in the Russell 3000 represents a significant validation of the momentum we're building at U.S. Gold," said Luke Norman, Chairman of U.S. Gold. "We're proud of our team's on-going commitment to developing the CK Gold Project in Cheyenne, WY and continuing to deliver value to our shareholders." Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell U.S. indexes, which belong to FTSE Russell, a prominent global index provider. For more information on the Russell 2000, Russell 3000 and the Russell indexes reconstitution, visit the "Russell Reconstitution" section on the FTSE Russell website. About U.S. Gold Corp. U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties. Our CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study technical report, which was completed by Samuel Engineering Inc. Our Keystone exploration property is on the Cortez Trend in Nevada. Our Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please Cautionary Note Regarding Forward-Looking Statements Certain statements in this press release are forward-looking within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "proposed," "aims," "anticipates", "forecast," "estimated," "believes," "continues" and "intend," among others. These forward-looking statements include statements related to effective dates of (i) the Russell indexes reconstitution and (ii) our inclusion in the Russell 2000 and Russell 3000. The Company has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the Company's control. The Company undertakes no duty to correct or update any information contained herein. For further informationU.S. Gold Relations+1 800 557 4550ir@ View original content: SOURCE U.S. Gold Corp.
Yahoo
29-05-2025
- Business
- Yahoo
U.S. Gold Corp Announces Participation in THE Mining Investment Event, Quebec City, Canada, June 3-5, 2025
CHEYENNE, Wyo., May 29, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that we will be participating in THE Mining Investment Event (the "Event"), Canada's only Tier 1 Global Mining Investment Conference©, taking place June 3-5, 2025, at the Quebec Convention Centre in Quebec City, Canada. U.S. Gold's management will be available to meet, and hold scheduled one-on-one investor meetings throughout the three-day Event. Speaking about the upcoming conference, Mr. Luke Norman, Chairman of U.S. Gold, said, "We are particularly excited about the global audience that the Event has attracted, showcasing the best of international mining in Canada. This is a unique chance to engage with industry leaders and innovators, facilitating discussions that will shape the future of our sector. We look forward to seeing many of you there and exploring the possibilities that await us at this prestigious gathering." Information regarding the Event, including investor registration details, a list of participating companies, panelists and keynote speakers, as well as a preliminary agenda, can be found at About U.S. Gold Corp. U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties. Our CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study technical report, which was completed by Samuel Engineering Inc. Our Keystone exploration property is on the Cortez Trend in Nevada. Our Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please Cautionary Note Regarding Forward-Looking Statements Certain statements in this press release are forward-looking within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "proposed," "aims," "anticipates", "forecast," "estimated," "believes," "continues" and "intend," among others. These forward-looking statements include statements related to our attendance at and participation in the Event. The Company has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the Company's control. The Company undertakes no duty to correct or update any information contained herein. For further informationU.S. Gold Relations+1 800 557 4550ir@ View original content to download multimedia: SOURCE U.S. Gold Corp.
Yahoo
05-05-2025
- Sport
- Yahoo
Former Highland coach Luke Norman accepts job at Moberly Area Community College
ROCKFORD, Ill. (WTVO/WQRF) — Former Highland Community College men's basketball coach Luke Norman has a new job. He has been named an assistant coach at Moberly Area Community he'll work under head coach Pat smith who has won five national is located in Moberly, Missouri. It's a junior college division one program just as highland lost his job at Highland in Freeport a few weeks ago for insubordination. Administrators said he refused to follow orders following a post-game scuffle between Highland and Kennedy-King College and the fallout from that which included Highland forfeiting multiple games after that a post on his Facebook page Norman stated: 'I am thrilled to announce I will be coaching at Moberly Area Community College next year as an Assistant Coach. Thank you Coach Pat Smith for giving me the opportunity to learn and work under a HOF Coach and join a 'Blue Blood' JUCO program. Winningest program in NJCAA history, 4 national titles, and 9 straight seasons with 25+ wins. The work starts now! Go Greyhounds.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
10-04-2025
- Business
- Yahoo
Leviathan Gold Partners with Investment Publishing LLC for Strategic Investor Relations Campaign
VANCOUVER, British Columbia, April 10, 2025 (GLOBE NEWSWIRE) -- Leviathan Gold Ltd. ('Leviathan', the 'Company') (LVX – TSXV, 0GP – Germany) is pleased to announce its partnership with Investment Publishing LLC ('Investment Publishing'), led by Mariusz Skonieczny, to enhance the Company's investor relations strategy. The engagement of Investment Publishing is for an initial one year term and is designed to increase awareness of the Company. Investment Publishing will aim to engage investors through public relations efforts, educational content, and direct outreach using a range of digital platforms, including social media channels, email newsletters, and investor-focused webinars. As compensation for services to be provided, the Company will pay Investment Publishing US$8,500 per month. In addition, the Company has granted Mr. Skonieczny 250,000 stock options having a two year term and vesting in equal monthly installments over a period of 12 months having an exercise price equal to $0.18. The Company looks forward to a productive collaboration with Investment Publishing as the Company continues to expand its reach and deliver value to stakeholders. Contact Information for Investment Publishing LLC:Name: Mariusz SkoniecznyEmail: marios188@ Address: 1202 Far Pond Cir. Mishawaka IN 46544 About Leviathan Gold Ltd. Leviathan Gold Ltd. is a Canadian-based mineral exploration company listed on the TSXV (LVX) and Germany (0GP). On behalf of the Company, Luke Norman, Chief Executive Officer and Director For further information please visit the Company website or contact: Luke Norman, Email: info@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approval or disapproved of the contents of this press release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Forward-Looking Statements Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Leviathan cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond Leviathan's control. Such factors include, among other things: risks and uncertainties relating to whether exploration activities will result in commercially viable quantities of mineralized materials; the possibility of changes to project parameters as plans continue to be refined; the ability to execute planned exploration and future drilling programs; COVID-19; the ability to obtain qualified workers, financing, permits, approvals, and equipment in a timely manner or at all and on reasonable terms; changes in the commodity and securities markets; non-performance by contractual counterparties; and general business and economic conditions, Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Although Leviathan has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Consequently, undue reliance should not be placed on such forward-looking statements. In addition, all forward-looking statements in this press release are given as of the date hereof. Leviathan disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. The forward-looking statements contained herein are expressly qualified by this in to access your portfolio
