Vior Confirms Several New Prospective Gold Areas at Skyfall Along a 37 km Strike Length of the Eastern Urban-Barry Belt, Abitibi, Quebec saltlakecitysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from saltlakecitysun.com Daily Mail and Mail on Sunday newspapers.
Brand X Lifestyle Corp.: Brand X Lifestyle Corp Announces Joint Venture Option Agreement
Brand X Lifestyle Corp. (CSE: BXXX) ( Brand X or the Company ).
Brand X Lifestyle Corp. is pleased to announce that it has entered into a Joint Venture Option Agreement with arms-length vendors to acquire a 100% interest in the Urban Barry Gold Project. The Urban Barry Gold project covers an area of 1126 hectares in the Urban Barry Gold greenstone belt, central Quebec and lies completely within claims held by Osisko Mining Inc., the largest landholder in the camp.
Under the terms of the agreement, Brand X can acquire a 100% interest in the project by issuing an aggregate of 9,000,000 common shares, paying $1,300,000 over three years, and completing $2,100,000 in exploration. No new insiders will be created as a result of this transaction. In addition, a 1% (one percent) Gross Overriding Royalty has been granted to the vendors, of which ½% (one-half percent) can be purchased from the vend
Canada's commodity-heavy main stock index fell on Wednesday, as a decline in bullion prices and material stocks offset gains in oil prices and optimism over an economic rebound from vaccination rollouts and a U.S. fiscal package.
Osisko reports 2020 results and provides 2021 guidance Posted by PublisherInternet Thursday, 25. February 2021
Osisko Gold Royalties Ltd (the ?Company? or ?Osisko?) (OR: TSX & NYSE – https://www.commodity-tv.com/ondemand/companies/profil/osisko-gold-royalties-ltd/) today announced its consolidated financial results for the fourth quarter and full year 2020 and provides guidance for 2021. Amounts presented are in Canadian dollars, except otherwise noted.
2020 Highlights
Record revenues from royalties and streams of $156.6 million (2019 ? $140.1 million);
Record cash flows from operations of $108.0 million, an increase of 18% compared to 2019;
Cash operating margin2 of 94% from royalties and streams;
Net earnings attributable to Osisko?s shareholders of $16.9 million, or $0.10 per share; and
Adjusted earnings3 of $43.7 million, or $0.27 per basic share (2019 ? $41.9 million, $0.28 per basic share).
Press Release - MINING.COM mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.