Vancouver, British Columbia (Newsfile Corp. - June 3, 2021) - Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF) ("Pacific Empire", "PEMC" or the "Company"), a copper explorer in British Columbia
Sovereign Gold Bonds Series II 2021-2022 Opens For Subscription From Today Sovereign Gold Bonds Series II 2021-2022 Opens For Subscription From Today Sovereign gold bonds scheme: Investors who apply and pay online get a discount of Rs 50 per 10 gram. For them, issue price will be Rs 4,792 per gram.
The second tranche of sovereign gold bonds scheme opened today for subscription
The second tranche of sovereign gold bonds scheme (Series II) for the current fiscal opened for subscription on Monday. The Reserve Bank of India has fixed issue price at Rs 4,842 per gram. The Government has decided to issue the bonds in six tranches from May 2021 to September 2021.
Prospective bidders can bid for a minimum of 1 gm of gold at Rs 4,842 per gram against Rs 4,777 per gram for the previous tranche. There will be a Rs 50 discount for prospective investors that will bid online. The issue closes on Friday, May 28.
Sebi proposes framework for setting up gold exchange
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Synopsis
The objective behind setting up gold exchanges is for India to become a price setter rather than a price taker and to establish an India good delivery standard, akin to London Bullion Market Association (LBMA) accredited gold bars. The gold bars has to be BIS or LBMA accredited.
To establish a mechanism for vaulting and trading of the gold on recognised or new exchanges, SEBI constituted two working groups which submitted their reports to it on April 27.
Related
Mumbai: Retail investors, banks, FPIs and jewellers will be among the constituents allowed to trade in SEBI regulated proposed spot gold exchanges through a new instrument called Electronic Gold Receipt or EGR, which will be notified as securities and settled on a T+1 basis, as stocks are.
First Vanadium Corp.: First Vanadium Announces Second & Final Tranche Closing of $6,000,000 Private Placement Financing
First Vanadium Corp. (TSXV: FVAN) (OTCQX: FVANF) (FSE: 1PY) (
First Vanadium or the
Company ) announces that further to its April 15, 2021 and May 6, 2021, news releases, it has now completed the second and final tranche (the
Second Tranche ) of its non-brokered private placement (the
Offering ). Under the Second Tranche, the Company has issued 1,346,000 units for gross proceeds of $538,400. No finder s fees were paid in connection with the Second Tranche. All securities issued under the Second Tranche are subject to a hold period expiring September 13, 2021 in accordance with applicable securities laws and the policies of the TSX Venture Exchange.