Moody's Ratings (Moody's) assigned ratings to Capstone Copper Corp. (Capstone), consisting of a Ba3 corporate family rating (CFR), a Ba3-PD probability of default rating, and a B1 rating to the proposed $500 million senior unsecured notes. At the same time an SGL-2 Speculative Grade Liquidity Rating...
Golden Arrow (TSXV: GRG) uncovered 4.4 billion pounds of copper and metals at San Pietro, Chile, near Capstone Copper’s mines. Priced at just half a cent per pound vs others at 2 cents—a 71% discount. Digging in 2025 could boost it more and lock in the find. With copper hot and buyouts on the horizon, GRG’s in prime spot as trade tensions rise.
What you need to know: • The precious metals and base metals markets were down in the month of May, however, we view this as a healthy pull-back following two strong months in March and April. • M&A remained elevated in the month following what appears to be the peaking of rates and inflation, and persistent elevated metals prices. • With inflation remaining sticky, we believe investors have begun turning to safe-haven assets like gold and silver. Sentiment Update Following two very strong mont...
Capstone Copper and Orion Announce C$285 Million Secondary Bought Deal Offering of Common Shares NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES VANCOUVER, British Columbia, March 22, 2023 (GLOBE NEWSWIRE) -- Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP (collectively “Orion” or the “Selling Shareholders”) jointly announce that they have entered into an agreement with a syndicate of underwriters led by National Bank Financial and Scotiabank (co...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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