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Power Metallic expands Lion Zone with deep drilling
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) has reported encouraging results from five drill holes targeting the deeper plunge of the Lion Zone at its Nisk polymetallic project in Quebec as part of its winter 2025 exploration program. Drilling was focused on extending known mineralization and testing a significant off-hole borehole electromagnetic (BHEM) anomaly identified in a previous hole, Power Metallic said on Wednesday.
Power Metallic Mines raises C$50M to accelerate Lion Zone exploration
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) said it has completed its previously announced private placement offering, raising approximately C$50 million. The offering consisted of 14,135,000 flow-through shares priced at C$2.83 per share, generating gross proceeds of approximately C$40 million and 6,895,000 non-flow-through common shares at C$1.45 per share, contributing about C$10 million.
Lion Finance Group PLC (BDGSF) Q4 2024 Earnings Call Transcript
Lion Finance Group PLC (OTCPK:BDGSF) Q4 2024 Earnings Conference Call February 25, 2025 9:00 AM ET Company Participants Nini Arshakuni - Head, Investor Relations Archil Gachechiladze - Group Chief Executive Officer Akaki Liqokeli - Macro Economist Conference Call Participants Robert Sage - Peel Hunt Ronak Gadhia - EFG Hermes Can Demir - Wood & Company Nini Arshakuni Hello. Welcome, everybody, to Lion Finance Group PLC's Earnings Call.
Lion Finance leaps to new all-time high after solid results, name change from Bank of Georgia
Lion Finance Group PLC (LSE:BGEO) shares roared 11.1% higher to a new all-time high above 5,900p as the Georgia and Armenia banking group reported strong profit growth in the final quarter of 2024. Operating income of 1.03 billion Georgian lari (GEL) in the fourth quarter was up 57% year-on-year and profit before tax jumped 53% to GEL 612 million.
Power Nickel discovery at Lion Zone could transform Nisk project, analysts believe
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has earned a ‘Buy' rating in initial coverage from analysts at Roth Capital Partners, who see the company's high-grade polymetallic Nisk project in Quebec as a potential acquisition target for a major mining company. “Its Lion Zone discovery has high grades and high-value tonnage, making the project attractive to major mining companies,” analysts wrote in a note to clients.
Power Nickel reports high-grade extension at Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) announced the results of five drill holes from its fall exploration campaign at the Lion Zone, confirming the extension of high-grade mineralization and paving the way for an expanded winter drilling program. The standout result, which tested the interpreted plunge of the Lion Zone, returned 19.4 meters of mineralization grading 4.29% copper equivalent, including a higher-grade interval of 5.35 meters at 10.6% copper equivalent.
Power Nickel announces new discovery to the east of the Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has announced a new discovery located 700 metres east of the Lion Zone at its Nisk polymetallic project in Quebec. In late 2024 the company tested a weak electromagnetic (EM) target similar to the one found over the Lion Zone.
Power Nickel strengthens resource confidence at Lion Zone with latest drill results
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has announced assay results from three drill holes which were part of its fall 2024 exploration campaign at the Lion Zone at its Nisk polymetallic project in Quebec. Drilling focused on testing the depth and western extensions of the mineralized zone.
Power Nickel announces first assay results from fall drilling at Lion Zone
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) has announced the results from the first two holes of its fall drilling campaign at the Lion Zone at its polymetallic Nisk project in Quebec. One hole showed promising results, including 29.40 meters with 0.53 g/t gold, 11.95 g/t silver, 1.15% copper, 1.08 g/t palladium, 0.36 g/t platinum, and 0.06% nickel.
EV Startups on a Rough Road: Lion Electric Becomes the Latest Casualty
LEV files for bankruptcy protection after months of financial turmoil, including failed attempts to secure additional funding and defaults on debt repayments.
Lion Electric looks to creditor protection after defaulting on debt
Electric bus and truck maker Lion Electric has said it expects to seek creditor protection after defaulting on debt. Protection under the Companies' Creditors Arrangement Act would be sought in order to allow a restructuring of the business and formal sales process, Lion Electric said Tuesday.
Power Nickel drilling extends Lion Zone mineralization to new depths
Power Nickel Inc (TSX-V:PNPN, OTCQB:PNPNF) reported drilling results confirming the extension of mineralization at the Lion Zone, located within its Nisk project. The company announced that recent drill holes intercepted mineralized units 125 meters below and 75 meters west of the previously identified area, pushing the depth of the zone down to 600 meters below surface.
