Magic

[mikeo56]

DTREF update today.

https://company-announcements.afr.com/asx/dtr/13bd53ce-3438-11f0-a39e-fa6f5bddf3c9.pdf?_gl=1*1hq86n4*_gcl_au*MTg1MjQ2NTE4OS4xNzQ3NjI4Njc2*_ga*MTM4OTI2NTQ2OS4xNzQ3NjI4Njc3*_ga_M23DHJ4J4E*czE3NDc2Mjg2NzYkbzEkZzAkdDE3NDc2Mjg2NzgkajU4JGwwJGg3NDM4NzU5NTMkZEFGWjVEOFgxV3JyaDZhZHNuc1M2TkhMcnZjdTZnOWY1cFE.
Cash inflow from exercise of Options
Highlights
• Current cash at bank of $1.95 million, increasing to $2.3 million with expected
partial proceeds from the Udu Copper Project sale.
• Approximately $1.1 million raised via recent option exercises.
• The Company has received an increasing number of enquiries from option holders
seeking to convert their holdings, indicating the potential for further organic
funding.
• Dateline’s current and expected cash balance is sufficient to fully fund the
Bankable Feasibility Study (“BFS”) for the Colosseum Gold Project.
• BFS progressing on schedule; key workstreams have commenced, with drill core
shipped to Kappes, Cassiday & Associates for metallurgical test work.
• Rare earths (REE) drilling program planning is advancing as per the 5 May 2025
announcement, with expert REE consultants guiding program design.
• OTCQB U.S. market uplisting preparations are on track, with listing anticipated in
Q3 2025.
Funding and Cash Position
Dateline Resources Limited (ASX: DTR, OTC: DTREF) (“Dateline” or “the Company”) is
pleased to update the market on its cash position and the ongoing advancement of its
flagship Colosseum Gold and Rare Earth Element (REE) Project. Following a series of recent
capital inflows, the Company’s current cash at bank stands at approximately $1.95 million.
This includes about $1.1 million raised from the exercise of options. An additional $350,000
in cash is expected to be received in the coming weeks, as partial payment, from the sale of
the Company’s non-core Udu Copper Project in Fiji, which will bring Dateline’s cash balance
to roughly $2.3 million.

[drifter]

Yes that is correct. That charge will go away when they move to OTCQB which should happen sometime next month.
This is the first time I have ever encountered this charge..

[ktcougar]

Schwab charging a $50 foreign transaction fee to buy this one.

A $50 foreign transaction fee applies to this order. You may want to consider contacting Global Investing Services at 1-800-992-4685 for an updated quote and to review your trade routing options. Foreign security transactions of $5,000 or more may benefit from special handling. Investments in foreign securities may involve additional risks. Currency fluctuations and political, economic, and social events may affect the prices of foreign securities. Certain foreign markets operate differently than US markets, which may result in different settlement cycles, round lot requirements, and additional expenses, taxes, and levies.

kt

[mikeo56]

NEW YORK CITY, NY / ACCESS Newswire / May 12, 2025 / Dateline Resources Limited (OTC Pink:DTREF)

("Dateline" or "the Company") is excited to announce the sale of its full interest in Dateline Resources Pty Ltd (Fiji), the 100% owner of the Udu Copper Project in Fiji, to Viva Metals Pty Ltd, an Australian private group building a robust portfolio of mining assets in Fiji. This strategic move allows Dateline to sharpen its focus on its flagship Colosseum Gold and Rare Earth Element (REE) Project in California, while ensuring the Udu Project's future growth under an owner committed to Fiji's economic development. Dateline extends its gratitude to the Fijian Government, local communities, and landowners for their support and is confident that Viva Metals will continue to drive positive outcomes for Fiji.

Transaction Highlights

The sale agreement provides Dateline with a mix of immediate cash, equity, and future milestone payments for the Udu Project:

$250,000 USD (approx. A$350,000) in cash, payable within 45 days.

$650,000 USD (approx. A$1,000,000) in shares issued to Dateline upon Viva Metals (or its nominee) achieving a future listing on the Australian Securities Exchange (ASX).

Up to $2 million USD (approx. A$3,000,000) in milestone payments, structured as:

$500,000 USD (approx. A$750,000) upon Viva Metals delineating a JORC-compliant Indicated Mineral Resource of at least 150,000 ounces of gold equivalent at Udu.

$500,000 USD (approx. A$750,000) upon the start of commercial production at Udu.

A 1% Net Smelter Return (NSR) royalty on metals or minerals produced from Udu, capped at $1 million USD (approx. A$1,500,000).

This deal delivers immediate capital to Dateline, maintains long-term exposure to Udu's potential, and supports continued investment in Fiji's mining sector under Viva Metals' stewardship.

Advancing Colosseum's Growth

The cash proceeds of $250,000 USD will be directed toward advancing Dateline's Colosseum Project in San Bernardino County, California. A past-producing gold mine, Colosseum is being redeveloped to unlock its gold and rare earth element (REE) potential. The funds will support the ongoing Bankable Feasibility Study (BFS) for the gold resource and exploration activities targeting REE deposits. Colosseum's strategic importance to U.S. critical mineral supply chains has drawn significant attention, positioning Dateline as a key player in America's resource sector.

OTCQB Listing on Track for Q3 2025

Dateline is progressing toward a Q3 2025 listing on the OTCQB Venture Market, a step up from its current OTC Pink trading under the ticker DTREF. The Company has completed all necessary paperwork for OTCID market participation, a critical milestone toward the OTCQB upgrade. This move will enhance transparency, liquidity, and access to a wider pool of U.S. institutional and retail investors.

The OTCQB listing aligns with growing U.S. interest in Colosseum. On April 25, 2025, President Donald J. Trump highlighted the project in a Truth Social post, calling it "America's second rare earths mine" and praising its permitting approval after years of delays. This endorsement underscores Colosseum's role in strengthening U.S. critical mineral and precious metals production.

Colosseum Rare Earths Drilling Program

Dateline is advancing plans for a rare earth drilling program at Colosseum, located just 6 miles north of the Mountain Pass Rare Earth Mine. This initiative supports U.S. federal goals to secure domestic supplies of critical minerals vital for technology, defense, and clean energy. The program builds on Colosseum's established gold resource, which includes a JORC-2012 compliant Mineral Resource Estimate of 27.1 million tons at 1.26 g/t gold for 1.1 million ounces (41% Measured, 26% Indicated, 33% Inferred).

Looking Ahead

Dateline's leadership is confident that the Udu sale and intensified focus on Colosseum will drive long-term shareholder value. By monetizing a non-core asset and reinvesting in a high-potential U.S. project, Dateline is well-positioned to capitalize on America's demand for gold and critical minerals.

About Dateline Resources Limited

Dateline Resources Limited (ASX: DTR) is an Australian publicly listed company focused on mining and exploration in North America. The company owns 100% of the Colosseum Gold-REE Project in California, a strategic asset with significant gold and rare earth elements potential.

[drifter]

They are six miles down the road from the nations only working ree mine.
Also have 1.1 million ozs of gold in the ground.
They move to OTCQB next month and news will begin to flow.
Would not be surprised if current Administration finances them.

Hope you and your family are well

[MWM]

Yes that one is interesting for sure. Mining in Cali though, might take years to really happen...

[mikeo56]

Ditto on your pick DTREF

[drifter]

Not crypto but if you have not heard of DTREF check it out.

High-Profile Endorsements Highlight Strategic Importance

In a recent Truth Social update, President Donald J. Trump praised the approval of the Colosseum Mine, stating: "The Colosseum Mine, America's second rare earths mine, has been approved after years of stalled permitting." This recognition underscores the project's potential to reduce America's reliance on foreign sources for critical minerals.

The U.S. Department of the Interior also endorsed the project, with the Bureau of Land Management noting: "The resumption of mining at Colosseum Mine supports efforts to bolster America's capacity to produce the critical materials needed to manufacture the technologies to power our future… Interior continues to support industries that boost the nation's economy and protect national security."

These endorsements highlight the strategic significance of the Colosseum Project for U.S. national interests.

https://www.asx.com.au/markets/company/dtr

[MWM]

Looking for small Crypto names here, I've hit several good ones of late ASST CEP and others. If you got em, post em!

[MWM]

It was fun while the party lasted, got caught with a little too much myself but at least the equity is not worthless, which is rare in a BK

[ktcougar]

https://www.msn.com/en-us/money/companies/ww-known-as-weight-watchers-files-for-bankruptcy-and-the-stock-plunges/ar-AA1EjM6v

Was a great one to trade though!

kt

[fung_derf]

OK, that was impressive. How did you do that?

[koolmc]

:) thanks for the heads up

[MWM]

$WW weee! News with $LLY

[MWM]

$ASTS a ton of good news of late. Anyone still here I think this stock will become a megacap $200 Billion company in the next few years.

[MWM]

$WW just the beginning here imo, .50 still really cheap if BK is off the table...

[MWM]

$WW .30
https://www.tipranks.com/news/the-fly/galloway-tells-weightwatchers-chapter-11-would-make-little-sense

[Zardiw]

#DDAmanda Video: $AREB FollowUp: Gain: +372% #1 Early Alert Stock Finder

Z

[greg19440]

TGLO; more good news
https://www.sefe.eu/en/newsroom/press-releases/delfin-to-supply-sefe-with-15-million-tonnes-of-us-lng-per-year?trk=organization_guest_main-feed-card_feed-article-content

[drifter]

TGLO Delfin license issued.

https://www.maritime.dot.gov/newsroom/maritime-administration-issues-license-delfin-lng-llc-deepwater-port-application

[greg19440]

Yes, very likely. And let’s hope that TGLO will replicate LNG chart, not TELL’s

Soon we will see posts around stating: “wish I would have own TGLO”

[fung_derf]

Yeah, I saw that. The chart actually shows todays price. Not the one from 2021. It has done pretty well.

[MWM]

That post was from 2021 lol? LNG is a lot higher...

[fung_derf]

Nevermind. I see the charts you use are updating.
I don't understand? According to your previous post, the stock price of $LNG is a bit lower than where you recommended it. Why can't you buy it a bit cheaper now?

[MWM]

This was a good LNG post. Wish I would have owned LNG!

TGLO looking up, merger likely!

[mejerrylee]

Alrighty, I’ll have to find you on X. Definitely missing ya on IHUB. I think Delfin may finally be a huge winner. Happy trading Bro!

[MWM]

Sorry I missed this message, developments for Delfin have been a total change of fortune of late for sure.

I'm mainly on X now, you should find me there and feel free to message!

[Zardiw]

#DDAmanda Video - $DWTX - Gain: +567% Video Analysis - #1 Stock Screener / Scanner

Z

[mejerrylee]

MWM, don’t know if you’re still in TGLO but
You gotta watch this video of Ted Cruz telling the soon to be head guy of MARAD you gotta approve Delfin’s application because they have been unfairly delayed. It might not be long til FID and a reverse merger into TGLO.

At this week’s Transportation Secretary hearing, Senator Ted Cruz accused the Biden Administration of “thoughtlessly and needlessly” forcing the Delfin LNG project to restart its application from scratch. But Cruz has it wrong. Read more in our blog: https://t.co/XVraWaRKuK pic.twitter.com/fcJLcY5VkT

— Earthworks (@Earthworks) January 17, 2025

[drifter]

TGLO . . Awesome Delfin article today
https://www.eenews.net/articles/trump-order-boosts-lng-project-off-louisiana/

[MWM]

Yeah someone is clearly aggressively selling. But the headline will create one big pop imo. Holding out for that. Hopefully it is coming tomorrow night...

[koolmc]

yeah too bad they are still selling though but if biiden does the announcement this will quickly shoot up.

[MWM]

I also have some puts on $MO and $PM that seem really cheap to me...

[MWM]

I reloaded this morning, was very hard to get filled to say the least. Very odd trader. Seems as thin as ever...

[koolmc]

7.85 sucker is still thin, moves easily with buying pressure, just need Biden to follow through with the announcement and it will really go

[koolmc]

yep also saw that

[MWM]

I was hoping for a huge move but those dummies put out a filing towards the end of the day that scared everyone unfortunately 

8k

[koolmc]

come on moass :)

[koolmc]

followed you on the ciggy stock in at 5's and 6's, got potential to be a moass there

[eb0783]

I thought that also. He must be a little person with no real life if he needs to spend time trying to get people to reply to him.

[fung_derf]

You had a point?
Lets see, you tell me I'm here to stir up something. When I respond, your point is proven?? OK, Counselor.
You would have made a great lawyer on TV.
So, why ARE you all so defensive? Especially, when I wasn't even inquiring anything of you? Do you think I'm here to short Magic stock?

[koolmc]

thanks for proving my point "why are you all so defensive" lol gl

[fung_derf]

LOL.....what is there to stir up on a dead stock? I'm doing investigative work.
Why are you all so defensive?

[koolmc]

he's just trying to stir chit up.

[fung_derf]

My "agenda" was to learn why he liked the company and was the only one who touted it on the board? Why he recommended it for 3 years yet says he only held stocks for days?
I knew the CEO personally, and even HE didn't understand why the share price spiked.
I have an inquisitive nature. I want to learn from this poster. Now, why are YOU so inquisitive on his behalf?

[eb0783]

Just curious about Your agenda....I'm being "inquisitive".

[fung_derf]

Accusatory of what?? How about if you use the word "inquisitive".

[eb0783]

That sounds a little accusatory.

[fung_derf]

Hmmmmm

[MWM]

I traded anything with a pulse back then, literally thousands of stocks. Posting news and trading are two different things. I might have traded it a few times, I never owned that crap for more than a few days trade. I've hardly ever owned anything for more than a few days in my life...