Ascendant Resources Inc. , is pleased to provide a summary of the significant milestones achieved during 2023 and looks forward to another year of continued de-risking and key value creation objectives in 2024 for its Lagao Salgada polymetallic project in Portugal. Key Milestones Delivered in 2023 Published the first NI 43-101 Feasibility Study on [...]
Funds to be used to progress Met testing and optimizing the feasibility study report AscendantResources Inc. is pleased to announce closing of the second and final tranche of its non brokered private placement . Under the Second Tranche, the Company has issued 15,817,625 common shares of the Company at a price of $0.08 for gross proceeds of [...]
Environmental Impact Assessment submitted to the Portuguese Environmental Authority, APA. Approval of the EIA is expected by the end of June 2024 following which, the Company will enter the RECAPE phase, allowing for a formal construction decision. Application for construction of 30MW Photovoltaic plant submitted in parallel. Ascendant Resources [...]
Funds to complete an optimized feasibility study report AscendantResources Inc. is pleased to announce the close of the first tranche of its non-brokered private placement announced December 7, 2023. The second and final tranche to complete the Offering is expected to close on or about January 5, 2024. The Offering is fully subscribed and the [...]
• Funds to Progress Project Towards Delivering an Optimized Feasibility study and the Completion of Project Financing for Lagoa Salgada AscendantResources Inc. is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$2.776million . The Company intendsto issue up to 34.7 million common shares of the [...]
Banco Santander S.A. appointed as Sole Mandated Lead Arranger for up to US$158m in potential UKEF Supported Project Financing for Lagoa Salgada, Portugal Ascendant Resources Inc. is pleased to announce that further to the announcement on October 18, 2023, that in relation to the Export Credit Agency Supported Project Financing of up to US$158 [...]
Amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million Funding to further Optimize Development of Lagoa Salgada Ascendant Resources Inc. is pleased to announce that it has closed the transaction to amend the metals purchase and sale agreement and related secured note with Sprott Resource and Streaming Royalty [...]
Finalizing amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 million Funding to further Optimize Development of Lagoa Salgada Focus on Improved Metallurgical Recoveries, Concentrate Qualities and Optimized Mine Plan and Plant Sizing Ascendant Resources Inc. is pleased to announce that it is finalizing an amendment [...]
Selected Mandated Lead Arranger for Lagoa Salgada Polymetallic VMS Project, Portugal On-boarding and formal engagement to be completed in coming weeks Ascendant Resources Inc. is pleased to announce that following a successful and oversubscribed tender process, it has selected an international bank to act as the MLA for its Export Credit Agency [...]
TSX: ASND www.ascendantresources.com Appointment of Highly Experienced Process Engineer to Enhance Technical Capacity Expansion of Technical Services Team To Support Ongoing Development Programs Ascendant Resources Inc. is pleased to announce that it has strengthened its technical team with the addition of Mr. Val Coetzee who has been appointed as [...]
TSX: ASND www.ascendantresources.com Lead Project Financing Bank Expected To be Appointed by late September Ascendant Resources Inc. ") is pleased to announce that it has commenced the tender phase for the Mandated Lead Arranger of its Export Credit Agency project financing program. As of September 4, 2023 the Company and its Advisors have issued [...]
TSX: ASND www.ascendantresources.com All matters overwhelmingly approved by shareholders Ascendant Resources Inc. is pleased to announce the voting results of the Company's 2023 Annual and Special Shareholders' Meeting held on August 23, 2023, in Toronto, Ontario. A total of 43,635,681 common shares were voted at the Meeting, representing 32.98% of [...]
