Upgrading Staples and Health Care to Market Weight As the saying goes, "sector rotation is the lifeblood of a bull market." That appears to be exactly what is going on as we kick off 2024. Leadership areas that have significantly outperformed since the October 2023 lows are starting to pull back rather hard -- and on above average volume. This includes areas such as Technology (XLK), semiconductors (SMH), software (IGV), and the ARKK, IPO, and BITQ ETFs. This tells us a pause/pullback is likely...
Ascendant Resources Strengthens Executive Team Mr. Michael McAllister appointed Vice President, Investor Relations Mr. Chris MacInnis appointed Director, Geology and Resources TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has strengthened its executive team with the addition of Mr. Michael McAllister who has been appointed Vice President, Investor Relations and Mr. Chris MacInnis who has been appointed as Director, Geology and Resources for the Company. Mike McAllis...
Ascendant Resources Appoints Clinton Swemmer Chief Technical Officer Mr. Erich Meintjes appointed as Director of Engineering TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that Mr. Clinton Swemmer has been appointed Chief Technical Officer for the Company. Previously, Mr. Swemmer held the position of Vice President of Technical Services for Ascendant. The appointment as Chief Technical Officers reflects Mr. Swemmer’s significant contribution to the Company, specifically to th...
Ascendant Commences Drilling of Second Larger Step Out Geophysical Anomaly at Lagoa Salgada Drilling commenced at Anomaly B, a large geophysical anomaly with a potential strike of 1.3km, northwest of the North Zone at Venda NovaDrilling at Anomaly D reaches down-hole depth of 350m with evidence of proximity to sulphide mineralization TORONTO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has mobilized a second drill rig to commence drilling at Anomaly B. Anomaly B is a large g...
Ascendant Resources Announces High Grade Copper Assay Results Supporting High-Grade Copper Corridor at the Venda Nova South Zone Program Highlights: Drilling (true width): Met_St_04: 10m @ 2.89% CuEq (1.3% Cu) from 286m ST_27: 9m @ 2.29% CuEq (1.9% Cu) from 568m ST_30: 10m @ 1.97% CuEq(1.3% Cu) from 423m and 3m @ 3.93%CuEq (2.8% Cu) from 395m Results validate and improve conversion of inferred to indicated resources Metallurgical drill program at Venda Nova now complete Feasibility Study to be completed end April 2023 TORONTO, Feb. ...
A director at Ascendant Resources Inc sold 250,000 shares at 0.265CAD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Ascendant Resources Engages Leading Decarbonization Consultant to Drive Carbon Neutrality at Lagoa Salgada Ascendant Resources engages Synergy Enterprises to develop emission reduction strategy at Lagoa SalgadaFirst step towards Carbon Neutrality at Lagoa Salgada TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that the company has engaged Synergy Enterprises (“Synergy”), a leading firm specializing in greenhouse gas (“GHG”) accounting and decarbonization strategies, to help Asce...
Ascendant Starts Drilling “Anomaly D” Exploration Target With Analogous Signature to North Zone Massive Sulphide Deposit at Lagoa Salgada Ascendant commences first greenfield exploration drilling since acquiring the Lagoa Salgada option5,000m exploration program targeting two undrilled IP/EM anomalies with the potential for sizeable concentrations of mineralizationDrilling underway at “Anomaly D” a high impact target hoped to be a replica of the North Zone; Lagoa Salgada’s richest deposit TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF;...
Ascendant Resources Makes US$2.5 Million Final Payment Under Earn-In Agreement for Lagoa Salgada VMS Project, Portugal 80% ownership to be achieved upon completion of Feasibility Study in Q1 2023 TORONTO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that it has satisfied all financial conditions required to increase its effective ownership interest from 50% to 80% in the Lagoa Salgada VMS project (the “Project”) in Portugal. Ascendant has made the final US$2.5 million payment to the op...
Ascendant Resources Intersects 58m @ 20.51% Zn Equivalent and 14m @ 2.34% Cu at the Venda Nova North Zone, Lagoa Salgada Project, Portugal Metallurgical drill program at North Zone of Venda Nova now completeAdditional high-grade intercepts at North Zone (Massive Sulphides), including: 58 meters (“m”) @ 20.51% Zinc Equivalent (Zn Eq.) from 165m Extension of copper rich subdomain below the North Zone with new intercept of: 14m @ 2.34% Copper or 12.53 % Zn Eq. from 252m TORONTO, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB:ASDRF) (“Ascendant” or the “Compan...
Ascendant Resources Announces 5,000 Metre Satellite Target Exploration Program at Its Lagoa Salgada Property in Portugal 5,000m program targeting several prospective undrilled IP/EM anomaly targetsTwo high priority undrilled targets identified within the Venda Nova area: Anomaly D: Shallow target located north-east of Venda Nova South ZoneAnomaly B: Large deep target located north-east of Venda Nova North Zone TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce an exploration progr...
Ascendant Resources Closes US$15 Million Financing Agreement With Sprott Streaming for Its Lagoa Salgada Project, Portugal Funding to complete Feasibility Study and lead to a construction decision in Q2 2023 TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB: ASDRF) (“Ascendant” or the “Company”) is very pleased to announce it has entered into a US$15 million metals stream agreement (the “Stream Agreement”) with Sprott Private Resource Streaming and Royalty Corp. (“Sprott Streaming”) for its Lagoa Salgada VMS project located close to Lisbon, Portugal (...
Ascendant Resources Reports High-Grade Copper Intercept and Extends Footwall Lens to 550 Metre Strike Length With 200 Metre Step-Out Drill Hole in the Venda Nova South Deposit at Lagoa Salgada Hole LS ST_42 returned 6.9 m @ 1.59 % Cu (1.99 % CuEq) Located ~ 300m from previously reported high grade copper intercept in hole LS ST_31 (16m @ 2.6% Cu (4.33% CuEq)Extends the previously defined copper rich footwall lens by an additional 200m to ~ 550m strike lengthResults support definition of stacked high-grade copper lens for future resource potential TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -...
Ascendant Resources Reports 12 Metres at 3.3% Copper (5.5% CuEq) and Discovers New Copper Enriched Zone Below Current Resources in the South Zone at Its Lagoa Salgada Project, Portugal Hole ST_31 returns 16m @ 2.6% Cu (4.33% CuEq) from 505m; including 12m @ 3.3% Cu (5.50% CuEq) from 509mNew high-grade copper zone intersected at depth below current resource wireframe with 22m @ 0.83% Cu (2.11% CuEq) from 541mResults define a new High-grade copper lens within the South Zone, along a strike of length of +300m and open at depth TORONTO, July 28, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources I...
Ascendant Amends Terms of Earn-In Agreement at Its Lagoa Salgada Project in Portugal • Amendment Extends Deadline to Complete Feasibility Study to June 2023 • Company Targeting Completion by Q1 2023 TORONTO, July 15, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND, OTCQB:ASDRF) (“Ascendant” or the “Company”) is pleased to announce that it has amended the terms of the earn-in and call option agreements with Mineral & Financial Investments AG (“M&FI”) to provide the Company an extension to June 22, 2023 to complete the Feasibility Study to earn an 80% interest in...
Ascendant Resources Announces Results of Annual and Special Meeting of Shareholders All matters approved by shareholdersTwo new directors elected to the board TORONTO, June 30, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB:ASND) ("Ascendant" or the "Company”) is pleased to announce the voting results from the Company’s 2022 Annual and Special Shareholders’ Meeting (the “Meeting”) held on June 29, 2022, in Toronto, Ontario. At the Meeting, shareholders elected new members to the board of directors, among other matters approved. Mark Brennan, Executive C...
Ascendant Resources Announces Discovery of New Copper-Gold Zone and Reports Additional Strong Results From Its Infill Campaign at Lagoa Salgada, Portugal New semi massive sulphide Copper-Gold zone discovered east of the South Zone; including: 6m @ 1.77% Cu and 0.8 g/t Au from 201m Continuous high-grade mineralization intersected through the North Zone of 59m @ 16.76% ZnEq1 from 161m; including 22m @ 26.30% ZnEq1 from 177m Stringer zone continuity confirmed below the North Zone; including: 39m @ 3.61% ZnEq1 from 273m TORONTO,...
Ascendant Resources Closes Final Tranche of Non-Brokered Private Placement Company has acquired 50% interest in the Lagoa Salgada VMS project, Portugal NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 26, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the closing of the second and final tranche (the "Second Tranche") of its previously announced non-brokered private placement of common shares of the Company (the "Offering"). The Offering consi...
Ascendant Resources Acquires 50% Ownership of Lagoa Salgada VMS Project, Portugal 80% ownership interest expected by year end upon completion of feasibility study TORONTO, May 25, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that it has satisfied the conditions to increase its effective ownership interest from 25% to 50% in the Lagoa Salgada VMS project (the “Project”) in Portugal. Ascendant has spent US$9 million on the Project and has made a US$1 million payment to the optionor, Mineral & Fi...
Ascendant Closes First Tranche of C$3.5 Million Non-Brokered Private Placement Funds to Secure 50% Ownership of Lagoa Salgada NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 20, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the close of the first tranche (“First Tranche”) of its non-brokered private placement (the "Offering") announced on May 13, 2022. The second and final tranche to complete the offering, is expected to close on or about May 25, 2022. Under the...
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