• 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 [...]
TSX: ASND www.ascendantresources.com • PROJECT OWNERSHIP INCREASED TO 80% • FEASIBILITY STUDY FILED ON SEDAR+ Ascendant Resources Inc. is pleased to announce that it has completed the initial NI 43-101 compliant Feasibility Study for the Lagoa Salgada Project , and has satisfied all conditions to fully exercise the earn-in option on the [...]
TSX: ASND www.ascendantresources.com Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction funding solid operating basis to drive initial production Optimization program commenced to further enhance economics Highlights of the 2023 Definitive Feasibility Study include: Post-tax NPV8% of US$147 million [...]
TSX: ASND www.ascendantresources.com is pleased to announce that an annual and special meeting of the holders of common shares of will be held at 200 Bay Street, Suite 3205, Toronto, ON M5J 2J2 at 12:00 p.m. Eastern Time on August 23, 2023. The Company applied for and obtained an extension from the Toronto Stock Exchange's requirement to hold its [...]
TSX: ASND www.ascendantresources.com UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency support via long term ECA Project Finance to cover up to 70% of pre-production costs plus additional support to cover Interest During Construction and Insurance [...]