Latest news with #OTC
Mint
an hour ago
- Business
- Mint
Gold likely to remain rangebound in H2, to close up to 5% higher: World Gold Council
Gold price today: Gold ended the first half of the year as one of the best-performing major asset classes, recording a 26 per cent gain during the period. The surge in gold was led by couple of influential factors - A weaker US dollar played a central role, making dollar-denominated assets like commodities more attractive to global investors. Simultaneously, bond yields remained rangebound as markets began pricing in the possibility of future interest rate cuts by the Federal Reserve, fueling optimism for a more accommodative monetary stance. Adding to the complexity were heightened geopolitical tensions—many of which stemmed directly or indirectly from US trade policies—contributing to global uncertainty and prompting a shift toward safer investment avenues. According to Gold Mid-Year Outlook 2025 report by World Gold Council (WGC), a stronger demand also came from increased trading activity across OTC markets, exchanges, and ETFs. Gold ETF demand was particularly strong in the first half of the year, led by notable inflows from all regions. By the end of H1 the combination of a surging gold price and investor flight to safety pushed global gold ETF's total AUM 41 per cent higher to $383 billion, as per the report. ' Total holdings rose by an impressive 397t (equivalent to US$38bn) to 3,616t – the highest month-end level since August 2022,' the report read. As per the WGC report, gold could remain rangebound in H2, closing roughly 0 per cent–5 per cent higher than current levels. ' Technical indicators suggest that gold's consolidation phase over the past few months is a healthy pause in a broader uptrend, helping to ease previous overbought conditions and potentially setting the stage for renewed upside,' it said. The report further said that the falling interest rates and continued uncertainty would maintain investor appetite, particularly via gold ETFs and OTC transactions. At the same time, central bank demand is likely to remain robust in 2025, moderating from its previous records while staying well above the pre-2022 average of 500-600t. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Yahoo
9 hours ago
- Business
- Yahoo
First Andes Silver Increases Private Placement to $1,350,000 CAD
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLV) (FSE: 9TZ0) (the "Company" or "First Andes") today announced that is has increased its previously announced non-brokered private placement financing from 10,000,000 units ("Units") at a price of $0.10 CAD per unit for gross proceeds of $1,000,000 CAD to 13,500,000 Units at $0.10 CAD per Unit for gross proceeds of up to $1,350,000 CAD (the "Offering"). Each Unit will continue to consist of one common share of the Company (a "Share") and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant"). Each Warrant will be exercisable at $0.15 CAD per Share for a period of two (2) years from the date of issue. The securities issued under the Offering will be subject to restrictions on resale for a period of four (4) months from the date of issue. The Company may pay finders a fee in cash and/or share purchase warrants to registered finders. The proceeds of the Offering will be used to expand on its current drill program at the Santas Gloria silver property and general working capital purposes. About First Andes Silver Ltd. First Andes Silver Ltd. is a British Columbia company that holds a 100% interest in the high-grade Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru. Santas Gloria has excellent established road access and is situated within a well-known intermediate sulfidation epithermal belt, and hosts over 12 km of multiphase veins mapped at surface, which had never been historically drilled or explored by modern techniques before 2024. First Andes' maiden diamond drill program last year reported high-grade silver on all drilled vein systems confirming silver endowment and warranting high priority follow-up drilling in 2025. For more information, please contact: Colin Smith, CEO and DirectorPhone: 604 806-0626 (ext. 108)E-mail: info@ 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. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. 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. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit 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
Globe and Mail
9 hours ago
- Business
- Globe and Mail
First Andes Silver Increases Private Placement to $1,350,000 CAD
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - FIRST ANDES SILVER LTD. (TSXV: FAS) (OTC Pink: MSLV) (FSE: 9TZ0) (the "Company" or "First Andes") today announced that is has increased its previously announced non-brokered private placement financing from 10,000,000 units ("Units") at a price of $0.10 CAD per unit for gross proceeds of $1,000,000 CAD to 13,500,000 Units at $0.10 CAD per Unit for gross proceeds of up to $1,350,000 CAD (the "Offering"). Each Unit will continue to consist of one common share of the Company (a "Share") and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant"). Each Warrant will be exercisable at $0.15 CAD per Share for a period of two (2) years from the date of issue. The securities issued under the Offering will be subject to restrictions on resale for a period of four (4) months from the date of issue. The Company may pay finders a fee in cash and/or share purchase warrants to registered finders. The proceeds of the Offering will be used to expand on its current drill program at the Santas Gloria silver property and general working capital purposes. About First Andes Silver Ltd. First Andes Silver Ltd. is a British Columbia company that holds a 100% interest in the high-grade Santas Gloria silver property, located in a major mining district 55 km east of Lima, Peru. Santas Gloria has excellent established road access and is situated within a well-known intermediate sulfidation epithermal belt, and hosts over 12 km of multiphase veins mapped at surface, which had never been historically drilled or explored by modern techniques before 2024. First Andes' maiden diamond drill program last year reported high-grade silver on all drilled vein systems confirming silver endowment and warranting high priority follow-up drilling in 2025. 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. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to Company's limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. 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. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Globe and Mail
11 hours ago
- Business
- Globe and Mail
NatBridge Resources Announces Closing of Financing and Appointment of Chief Executive Officer
Burnaby, British Columbia--(Newsfile Corp. - July 15, 2025) - NatBridge Resources Ltd. (CSE: NATB) (OTC Pink: NATBF) (FSE: GI80) ("NatBridge" or the "Company") announces that further to its news releases dated May 13, 2025 and June 24, 2025, it has closed its non-brokered private placement financing of 8,999,350 units at $0.20 per unit (" Units") raising gross proceeds of $1,799,870 (the " Private Placement"). Each Unit is comprised of one common share (each, a " Share") and one-half of one common share purchase warrant (each whole warrant, a " Warrant"). Each Warrant entitles the holder thereof to purchase one additional common share of the Company at an exercise price of $0.30 per share for a period of 12 months expiring on July 15, 2026. In connection with the Private Placement, the Company paid an aggregate of $106,300 in cash finders' fees, issued an aggregate of 78,000 finders' shares (the " Finders' Shares") at $0.20 per share and issued an aggregate of 531,500 finder's warrants (the " Finders' Warrants"). The Finders' Warrants have the same terms as the Warrants but are non-transferable. The Shares, Warrants, Finders' Shares and Finders' Warrants are subject to a hold period until November 16, 2025 pursuant to applicable securities legislation. The net proceeds of the Private Placement will be used for ongoing working capital requirements as well as acquisition and due diligence costs associated with pending transactions to acquire additional resource deposits for tokenization. The Company also wishes to announce the appointment of Stephen Moses as Chief Executive Officer, in addition to his positions as President and a director of the Company. Steve is a seasoned veteran with over 30 years of experience in capital markets. His deep-rooted expertise in financial markets and his extensive network of international contacts will play a crucial role in advancing the Company's growth strategy. The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. About NatBridge Resources Ltd. NatBridge Resources Ltd. (CSE: NATB) (OTC Pink: NATBF) (FSE: GI80) is a publicly traded Canadian company, also listed in the United States and Germany, leading the gold resource supply side of NatGold Digital Ltd.'s revolutionary, patent-pending digital gold mining ecosystem. This innovative approach redefines how gold's value is captured through tokenization-eliminating extraction and its environmental, social, and financial costs through a blockchain-powered, eco-friendly digital mining process. NatBridge's strategy is focused on the supply side of the NatGold ecosystem. By acquiring gold resources that qualify as Certified NatGold Resources, in accordance with NatGold Digital's strict token certification standards, NatBridge is establishing itself as a key player in this industry-operating at the intersection of three major global investment trends: gold, sustainable investing, and the tokenization of real-world assets. On behalf of the board, Stephen Moses, President & Director NatBridge Resources Ltd. Info@ +1 (778) 372-9723 Investor Relations IR@ +1 (778) 372-9062 Neither the Canadian Securities Exchange (the "CSE") nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release. This news release includes certain statements that may be deemed "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the acquisition of NI 43-101 gold resources, the ability to digitally mine NatGold coins, the viability of the NatGold tokenization and monetization ecosystem, and development plans, expansion plans, estimates, expectations, forecasts, objectives, predictions and projections of the future. Specifically, this news release contains forward looking statements with respect to NatBridge Resources' proposed operations, acquiring and developing gold resources and their tokenization, and the receipt of required approvals. Generally, forward-looking statements can be identified by the forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "projects", "intends", "anticipates", or "does not anticipate", or "believes", or "variations of such words and phrases or state that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of NatBridge Resources to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the exploration and development and operation of NatBridge Resources's projects, the actual results of current exploration, development activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future precious metals prices, as well as those factors discussed in the sections relating to risk factors of our business filed in NatBridge Resources's required securities filings on SEDAR+. Although NatBridge Resources has attempted to identify important factors that could cause results to differ materially from those contained in forward- looking statements, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required bylaw, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.
Business Wire
13 hours ago
- Business
- Business Wire
LIBERTY LATIN AMERICA ANNOUNCES RETIREMENT OF EDUARDO DIAZ CORONA, SVP AND GENERAL MANAGER OF LIBERTY PUERTO RICO AND USVI
DENVER, Colorado--(BUSINESS WIRE)-- Liberty Latin America Ltd. ('Liberty Latin America' or the 'Company') (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced that Eduardo Díaz-Corona, SVP and General Manager of the Company's operations in Puerto Rico and the U.S. Virgin Islands, has decided to retire at the end of July. Díaz-Corona joined Liberty Latin America in January 2024 and has stabilized the business after the transformation process following the transition of the acquired AT&T mobile operations. Balan Nair, President and CEO of Liberty Latin America, the parent company of Liberty Puerto Rico and USVI, said, 'I asked Eduardo to come out of retirement to bring his experience and expertise to help us navigate through our customer migration and bring a fresh perspective to our commercial operations. After getting us to this stage, Eduardo decided that it is time for him to step away and enjoy more time with his family. I am so grateful for all his contributions.' On the appointment of Ponce, Nair continued, 'With Eduardo's departure, I have asked Guillermo to step in as General Manager for our operations in Puerto Rico and the U.S. Virgin Islands on an interim basis. Guillermo is a proven leader and has tremendous commercial and operating experience having led multiple large businesses across Liberty Latin America's footprint. I have no doubt he will add significant value.' Eduardo commented, 'It has been an honor to serve in this role and be part of an amazing team that is enabling connectivity across Puerto Rico and the U.S. Virgin Islands. I'm incredibly proud of what we've accomplished together, the focus we have brought to putting our customers first, and the positive impact we've had on our communities. As I step away, I have full confidence in the bright future ahead for the business and that Liberty's best days are still to come.' ABOUT LIBERTY LATIN AMERICA Liberty Latin America is a leading communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands BTC, Flow, Liberty, and Más Móvil. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a subsea and terrestrial fiber optic cable network that connects over 30 markets in the region. Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols 'LILA' (Class A) and 'LILAK' (Class C), and on the OTC link under the symbol 'LILAB' (Class B). For more information, please visit
