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October 1 100% accelerated warrents exercised
Management Ownership = 30% of total outstanding shares.
http://arizonasilverexploration.com/home-page/arizona-silver-announces-100-exercise-of-warrants/
(OTCQB: AZASF) is pleased to announce that further to its press release dated August 31, 2020, all of the 3,413,809 warrants granted under its January 2020 private placement at C$0.15 that were subject to acceleration with an early expiration date of September 30, 2020 were exercised, with such exercised warrants having a value of C$512,071.35. Directors and officers participated for C$137,900 of the exercise. Management’s participation in the warrant exercise is indicative of their continued commitment and support of the Company. Management now owns and controls 30% of the outstanding shares in the Company. Please take a minute and review the current tight capital share structure available at: http://arizonasilverexploration.com/investor-information
Mike Stark, President of Arizona Silver Exploration stated “We really appreciate the support shown by our shareholders and management. This warrant exercise tops up the treasury once again and allows Arizona Silver Exploration to continue exploration on the high-grade vein discovery on our Philadelphia property. We are expecting results very soon from 6 core holes of drilling that has been completed. We remain committed to building shareholder value with advancements in all our current properties.”
The Seeker
https://medallionresources.com/2020/10/medallion-receives-741000-from-warrant-and-option-exercise/
October 2, 2020
"Vancouver, BC – Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), is pleased to report that during the quarter ended September 30, 2020 shareholders have exercised warrants and options for gross proceeds of approximately $741,000. The warrants and options were priced between $0.10 and $0.32 with an average exercise price of $0.21 per share."
More at link
Landmark:
Not certain how this will format:
Ownership & Insiders:NIOBF
NIOCORP DEVELOPMENTS LTD
0.6036Down -0.0054 (-0.8867 %)as of 3:38:04pm ET 09/28/2020
.....
Ownership
Insider Transactions
-active tab
Insider Trends
AVERAGE INSIDER ACTIVITY
Insider Sentiment: Neutral
Insider Sentiment: Neutral
Purchased an average of 58,278 shares per year
(over last 2 years)
Sell/Buy Ratio: 0.00 Sell/Buy Ratio: 0.00
Weekly Insider Transactions Chart What are the different types of transactions
View Press Alt plus down arrow to view menu options.
Filter by Transaction Filter by Position
buy sell acquisition (non open market) disposition (non open market) private buy private sell
.....
Trans Dt Name Position Type Shrs Range Market Val Totl hldgs
09/21/2020 SHAH, NEAL S. Chief Financial Officer Option Execute 45,000 $0.35 15.9K 175,000
09/21/2020 SIMS, JAMES T. Vice President Disposition (Non Open Market) 165,883 $0.64 106.9K 167,536
09/21/2020 SIMS, JAMES T. Vice President Option Execute 300,000 $0.36 106.9K 333,419
09/18/2020 SHAH, NEAL S. Chief Financial Officer Option Execute 30,000 $0.47 14.1K 130,000
09/18/2020 GUERRERO-MAHON, NILSA Director Option Execute 30,000 $0.47 14.1K 130,000
09/18/2020 BELING, DAVID COATES Director Option Execute 30,000 $0.47 14.1K 130,000
09/18/2020 CARRABBA, JOSEPH A. Director Option Execute 30,000 $0.47 14.1K 130,000
09/18/2020 MORRIS, MICHAEL JAMES Director Option Execute 30,000 $0.47 14.1K 130,000
06/17/2020 SHAH, NEAL S. Chief Financial Officer Option Execute 45,500 $0.46 20.8K 100,000
06/17/2020 SIMS, JAMES T. Vice President Option Execute 25,000 $0.46 11.4K 33,419
02/24/2020 SMITH, MARK A. Chief Executive Officer Buy 100,000 $0.53 53.0K 19,000,000
11/25/2019 WIGHTMAN, ANNA CASTNER Director Buy 2,000 $0.60 1.2K 2,000
11/22/2019 SMITH, MARK A. Chief Executive Officer Buy 14,555 $0.59 8.5K 18,900,000
A lot to read there!
It would benefit management to obtain financing before the meeting to avoid a no vote on the 2017 "NIOCORP LONG-TERM INCENTIVE PLAN".
Landmark82#####
The shovel;
Once they get financing they need to paint the Red Shovel green amd gold! (Maybe they should paint it green and gold now!)
I wonder if the books Mark placed there represent something from all of the places he has worked? Or maybe an acknowledgement to all the people who encouraged the project or provided advice or information?
5Militarget
Thanks for the info! It makes a good deal more sense now.
From:
https://kbfinancialadvisors.com/how-to-plan-around-trading-windows/
"Trading windows give insiders an opportunity to sell their shares without worrying about violating insider trading laws or dealing with the limitations surrounding insider trading.
There are four trading windows per year, and they usually occur one to two days after each quarterly earnings call. They typically last between four and six weeks."
A.O.
Speculations on early group excercise of options:
Employee stock options CAN have a "reload" feature associated with them; exercise your options and you have a provision that automatically grants you more. Good for them, but more dilution for us.
Still, as you said, that they all do it at the same time strikes me as odd. (TO BE CLEAR...I KNOW NOTHING, just thinking out loud....)
It could be something done prior to a merger or sale. Need to get the options exercised or the options expire upon the sale of the company. A rush for the door sort of thing that could be positive for shareholders depending on that is about to happen.
OR, The company needs money to keep running and management and the board are exercising options and the payments go to the company to keep the lights on.
If its the last, then we know that management and the board believe in the company and are willing to put their money on the line to back it. This would make most sense if they knew that they were about to get financed (and probably would grant themselves more options at the next board meeting!)
Again, total speculation.
"Whats not to like about being the only mining company at the conference and having a product that most if not all of the other global infrastructure projects will need."
In a politically stable country with a skilled managment and workforce and access to transportation to the companies that need the product!
Well, as long as it gets financed nothing!
About José Alberto de Camargo
Fculdade de Administracao e Comercio Exterior do Parana - FACE
Curitiba, Brazil
If I am guessing correctly, he is faculty in the School of export administration and commerce of Parana in Curitiba Brazil.
M.M.
Portuguese titles? Signal that the financing comes from a Portuguese or Brazilian source?
Nebraskan, Thanks!
Its good to know that he is fine.
Has anyone heard from Boilermaker lately? He hasn't posted in a while. (I think 9-3.) I meant to Message him, but missed the happy hour window.
Stark
Fair enough.
I did use your question to introduce an answer to a question that has been posed by others in the past. (Construction in winter?) It also addressed question about mineral rights which currently applies to the 2 sections deemed necessary for the mine and the ability to explore/drill on other sections of land that are under option.
Stark: Exploration
http://www.niocorp.com/wp-content/uploads/NioCorp_10-K.pdf
From page 23 of the 4th quarter 2020 report:
"The current estimated Mineral Resource is wholly contained within parcels Woltemath003J and Beethe008, and agreements covering both of these properties have been secured. The Company considers these two leases to be the only leases on which the Company’s development of the Elk Creek Project is substantially dependent. Negotiations for additional lands to support various configurations of the surface operations have been completed. The Company believes that the surface plant and facilities associated with the Elk Creek Project could be located in any number of places and would not necessarily need to be sited on lands contiguous with the Beethe008 and Woltemath003J properties."
"As part of the exploration option agreements, where required, the Company has also secured surface rights, which allow for access to the land for drilling activities and associated mineral exploration and project development work."
"The agreements that involve mineral rights include a 2% NSR royalty attached with the option to purchase (“OTP”). The agreements grant the Company an exclusive right to explore and evaluate the property for the term thereof, with an OTP the surface rights or a combination of the mineral and surface right sat any time during the term. As the Woltemath 80S agreement is limited to an OTP for the surface rights only, it does not contain an NSR provision."
For those concerned about conducting Construction operations in the winter note also on page 23:
"Southeast Nebraska is situated in a Humid Continental Climate (Dfa) on the Köppen climate classification system. In eastern Nebraska, this climate isgenerally characterized by hot humid summers and cold winters. Average winter temperatures vary between 13°F to 35°F. Average summer temperatures varybetween 64°F to 90°F. Exploration, construction and operational activities may be conducted all year round"
By the end of the year? I don't know, but I hope. I think that this is a good sector to invest in. The idea seems like a good one, and they have some support from a Canadian Provence.
There are so many other political and global factor that can affect this. An election, a contested election, Chinese potentially dumping product to suppress N.A. development of REE mines.
At least this is a company located in N. America.
Lets see if there is some news tomorrow that has pushed the price up!
ThSeeker
Good place to start!
https://medallionresources.com/medallion-news/
Based on the September 1 news release it does not sound like they will be starting up this year, but the same cam be said for most of the other REE refiners in North America!
Good luck and good investing!
Current Information on TMRC Ownership
Information on current shareholders
Info regarding USA Rare earth.
https://apnews.com/NewMediaWire/a22bd2be6c111b0a51e47e09ffaa7913
About USA Rare Earth, LLC
USA Rare Earth, LLC has an option to earn up to an 80% interest in the Round Top rare earth and technical metals industrial minerals project located in Hudspeth County, Texas. Round Top hosts a large range of critical heavy rare earth elements, high-tech metals, including lithium, uranium and beryllium, and is among the lowest-cost rare earth projects in the world. The Round Top Deposit hosts 15 of the 17 rare earth elements, plus other high-value tech minerals (including lithium) and is well located to serve the US internal demand. In excess of 60% of materials at Round Top will be used directly in green or renewable energy technologies. Round Top contains 13 of the 35 minerals deemed “critical” by the Department of the Interior and contains critical elements required by the United States; both for national defense and industry. For more information about USA Rare Earth, visit www.usarareearth.com
Their site:
http://usarareearth.com/
Medallion Resources News release September 1 2020
Vancouver, BC – Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company” is pleased to announce the commencement of further rare-earth element (REE) process optimization test work at the Saskatchewan Research Council (SRC). The SRC has been a long-term research partner of Medallion, instrumental in the delivery of data for the design of Medallion’s proprietary REE- extraction technology that utilizes the REE-rich mineral monazite.
The current test work will provide additional detail on various stages in the breakdown of monazite and in the recovery of phosphate as a secondary product. Completion is anticipated within one month. The testing further develops key areas where the Medallion monazite process has advantages over the traditional process.
(More at link)
rondo, all
http://arizonasilverexploration.com/home-page/arizona-silver-announces-a-new-high-grade-gold-silver-intercept-at-philadelphia-gold-silver-property-in-arizona/
"The first core hole of 2020 returns high grade gold-silver intercept in the target vein, as follows:
23.35 grams/tonne (gpt) Au, 82.3 gpt Ag & 340 ppm of Beryllium over 1.5 metres, within a thicker interval of 18.45 metres containing 3.81 gpt Au and 49.21 gpt Ag & 113 ppm of Beryllium, beginning at a depth of 5.18 metres immediately below alluvium.
Similar looking vein intercepts in three other core holes completed to date that have been delivered to the lab and are in progress.
Core drilling continues for an additional 4 holes min."
(Ship)
"...Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “The newest drill results confirm our suspicions that we had lost the primary vein target and were drilling a second but lower grade vein in our previous attempt to chase the primary vein along strike and down dip under alluvial cover. The results of the current drilling put us back on target to chase the primary vein with a steeper dip than previously anticipated. The drill hole collar is located in the UTM Zone 115, 733,476.77E, 3,897,529.66N, bearing 300 degrees with an inclination of 70 degrees. The true width is unknown at the time due to insufficient data points. The primary vein target remains wide open along strike and down dip. Significantly, we now know that the vein crosses lithology and is not floored by granite everywhere. We have now encountered granite in the hanging wall of the vein, where previously granite was interpreted to be always footwall to the vein. This knowledge opens up the extensions to the vein in all directions, especially where we terminated shallow holes in granite, thinking we were below the vein.”
Wakeby.
I may or may not have shares in this company, but you said you don't and for some reason you keep posting to this board. Here is news for the company:
https://www.silverelef.com/silver-elephant-subsidiary-acquires-bisoni-vanadium-project-next-to-gibellini/
Surprise! They have expanded their Vanadium holdings!
Enjoy!
A.O.
Joseph Carraba...
So it would seem that he has extensive contacts that might be useful to Niocorp. (Provided he left those positions having been successful and on good terms...)
Spot on Trade
Lower S.P. good time for long term shareowners to add to their share holdings!
Yah, I would rather not have to buy a "foreign" Stock, which is actually what Niocorp is, even if the mine will be about 6 counties travel from me.
Kmack1
Hey!
Made a share purchase! (Now it can go up!)
Big Al.
And element Nb is even posted at the top.
Nothing more to say but Duh, I actually knew that.
(I retire to lurk and wait for financing.)
Chico;Douginil
Same site as yr post:
superalloy...
"Fe-Mn-Al-Ni alloy."
https://phys.org/news/2020-08-superelastic-alloy-limitless-temperature-window.html
"A superelastic alloy with a nearly limitless temperature window"
A team of researchers at Tohoku University has developed a new kind of superelastic alloy with a nearly limitless superelastic window....snip
....During testing, its superelastic window was found to be 10 to 473 K (-263 C° to 200 C°), making it applicable in virtually all natural settings. The researchers note that the alloy was also found to have very low thermal expansion.
The team created the alloy by adding chromium to a Fe-Mn-Al-Ni alloy. In so doing, they also showed that entropy change is controllable using this approach. The entropy change for the new alloy was tested to be very near zero. The researchers also note that the alloy is tunable by varying the amount of chromium, which highlights the fact that the team actually created a host of superelastic "invar" alloys."
OTC open. (reported via Fidelity)
Quote
AS OF 9:46 AM ET 08/10/2020
Last [Tick] $0.7621 [+]
Change up $0.0127
% Change up 1.694689%
Bid $0.75
Bid Size 18,200
Ask $0.763
Ask Size 35,000
Open $0.76
Volume 15,814
Day High $0.7621
Day Low $0.7591
Previous Close $0.7494
Prev. Close Date 08/07/2020
T.T.
You are correct, they mine coal. No connection with elk creek in NE. They support the refining of steel that could use Niobium. See:
https://www.ramacoresources.com/mining-complexes/elk-creek/
"We are an operator and developer of high-quality, low-cost metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. We have a development portfolio of four long-lived projects: Elk Creek, Berwind, RAM Mine and Knox Creek."1
and
"We believe each of these projects possesses geologic and logistical advantages that will make our coal among the lowest delivered-cost U.S. domestic metallurgical coal to a majority of our domestic target customer base, U.S.-based blast furnace steel mills and U.S.-based coke plants, as well as international metallurgical coal consumers."
I saw no leadership overlap.
I merger might as well, but I have NO information about that or have heard any RUMORS about this except some speculation on this board.
(NOT forcasting, Speculation for entertainment purposes only! (Only Mrs. Smith and the principals know! :)
Grunt23
Thanks for tracking and posting the Warrant information!
IF the total number of warrants in that group were exercised the total dilution would be an additional. 3,695,506 Shares
The NioCorp website lists information regarding fully diluted shares. I believe all or most of the warrants you list were included in the September 30, 2019 figure.
(NioCorp Share Structure As of September 30, 2019...Fully diluted 275,117,817 shares)
I recollect that additional options and warrants issued since that time so that is now a ballpark figure. (At least to me!)
Douginil
I think it is.
It sounded like the IBC (NOT the NioCorp IBC Alloy) separation technolgy was promising but they had to buy Rapid SX as a backup given the IBC Lawsuit. (Someone noted that that IBC just wanted a purchase agreement and and accompanying deposit payment and was shocked when UCORE did not fold and wanted to go through with the purchase of their company/technolgy.)
That said, it is gratifying to see NioCorp north of USD $.75! What will trigger financing I wonder? $1 USD?
DOUGINIL, Kmack
For any NioCorp shareholder who has UCORE shares, the new UCORE website is up and running, and they have published an update to the status of their lawsuit(s) with IBC Advanced Technologies, Inc. and Steven R. Izatt (NOT IBC Advanced Alloys / M.S. CEO!) See Investor Hub UURAF for info or go to news on their Website.
Spot On Trade, Mick, Douginil;
Update on UCORE/IBC lawsuit:
https://www.newsfilecorp.com/release/61237/Utah-Court-Denies-IBCs-Attempt-to-Void-the-Option-to-Purchase-Agreement-with-Ucore
Ucore offers the following updates regarding all active legal actions stemming from the proposed acquisition of IBC:
Ucore v. IBC (filed by Ucore on December 11, 2018, amended on April 2, 2019)
Utah Court Denies IBC's Attempt to Void the Option to Purchase Agreement with Ucore
Halifax, Nova Scotia--(Newsfile Corp. - August 6, 2020) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to provide an update on the lawsuit that was initiated on February 19, 2019, (the "Second Utah Complaint") by IBC Advanced Technologies, Inc. and Steven R. Izatt (collectively the "Plaintiffs" or "IBC") against Ucore and certain executives of the Company.
Under the Second Utah Complaint, on March 6, 2020, IBC filed a Motion for Partial Summary Judgment ("MPSJ") seeking an outright judgment by the U.S. District Court, District of Utah (the "Federal Court") declaring: 1) the Option to Purchase Agreement (the "OTP") void for vagueness, 2) the OTP terminated due to Ucore's default and failure to rectify, 3) that Ucore breached either the OTP or the Research Agreement [ii], or both, by violating its Confidentiality Provision and Exclusivity Provision, and 4) that attorney's fees were properly incurred due to Ucore's breaches.
During a hearing on August 5, 2020, when oral arguments were presented, the Federal Court orally denied IBC's Motion for Partial Summary Judgment in its entirety. Other significant decisions by the Federal Court during this hearing were:
IBC's Objection to the Magistrate Judge's Order Denying IBC's Motion for Leave to File Amended Complaint (regarding the Second Utah Complaint) was denied.
Therefore, IBC's Motion for Preliminary Injunction against Ucore, regarding the proposed amended claims, was also denied.
The granting of a motion put forth by IBC to consolidate the three active Federal Court cases (the Second, Third, and Fourth Utah Complaints - as defined below) and was consented to by Ucore and Michael Schrider (Ucore Vice-President & COO).
"Although our court schedules in both Utah and Nova Scotia have been impacted by the COVID-19 pandemic, Ucore is very pleased with the outcomes to date within the courts," stated Pat Ryan, P.Eng., Ucore Chairman & Interim-CEO. "We understand that further delays may occur given these uncertain times. However, with every court appearance, we take one more step to resolving this dispute with IBC and to ultimately capturing the value of our significant investment in their technology for rare earth elements - once legally liberated. A technology that we believe ideally complements our current pathway of developing a near-term U.S. commercial rare earth separation facility."
-----------------------------------------------
Now we just have to wait another 8-12 months for the additional cases to be adjudicated.
KMack, P.M. All; A nice start to the day! Already 61K share traded.
Fidelity gives:
Quote
AS OF 9:42 AM ET 08/06/2020
Last [Tick] $0.76 [+]
Change up $0.0121
% Change up 1.617863%
Bid $0.75
Bid Size 55,475
Ask $0.765
Ask Size 71,000
Open $0.75
Volume 61,389
Day High $0.7617
Day Low $0.75
Previous Close $0.7479
Prev. Close Date 08/05/2020
Have a good day everyone! (Off to do stuff!)
Kmack
Nah, not one of the "Duh...need to start early if you gonna be drunk all day" crowd! (Counting rabbits on Molson Beer bottles! Thank you Molson for providing label entertainment for bar patrons!! :O )
In the mornings I come here to ponder and be patient while I read the comments about Niocorp posted here. (Thank you everyone!) Along with everyone I wait for financing and the continued share price rise.
New website up and running.
Ucore Rare Metals Inc.
Smokinjoe36, P.M.
I suspect it would be Rye rather than corn! Of course, you might use the corn to feed the pigs to make Canadian Bacon...
(No takers yet on $.78 USD/shr!)
Putz: (Kmack)
Can't magnify it enough to see rabbits! I see 4 "original inhabitants", 3 badgers (The flat brown blobs), an airplane, a car, a train, and a stagecoach! (Hummm. A Trick question N'est-ce pas?)
Pivot...I think you are telling me every one of those vehicles would benefit from high strength lite-weight aluminum alloy using scandium from Elk Creek! I wonder if they will start to use it in making aluminum cans? Or signs like this? (Prolly not!)
Hamms Beer
OK....back at you....how many Bears?
(On reconsideration your beer badgers might be buffalo chips.(My grandmother used to collect the dried chips. They used them for fuel. Not a lot of trees at the time on the high plains in E. Colorado.))
OK..Slide over. Too early for beer. Returning to Niocorp comments.
$.77 USD and 89,000 shares! If someone sold 1000 shares at limit $.78 day, I wonder what would happen?
Kmack;
Humm. Avoid Mexican fast food and stick with Nebraska beef and US or Canadian Beer! (KC Boulevard Pale Ale or maybe Molson Special Export!)
We have a few Mondays in front of us. Lets see if that price can keep going up until the Monday!