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Excelsior Mining Corp - EXMGF STOCK NEWS

Welcome to our dedicated news page for Excelsior Mining (Ticker: EXMGF), a resource for investors and traders seeking the latest updates and insights on Excelsior Mining.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Excelsior Mining's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Excelsior Mining's position in the market.

Rhea-AI Summary
Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) closed a $5.5 million financing with Greenstone Excelsior Holdings LP and Triple Flag USA Royalties Ltd. The financing is a condition subsequent to the extension of the maturity date of its existing $15 million credit facility with Nebari Natural Resources Credit Fund I LP. The company issued a total of 27,180,000 Common Shares at a price of $0.11405 per Common Share for aggregate gross proceeds of $3.1 million. The terms of the Debentures are set out in the Company's press release dated November 30, 2023. Greenstone's participation in the Share Offering and Debenture Offering constitutes a 'related party transaction' as Greenstone is a related party of the Company. The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements of MI 61-101.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
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Rhea-AI Summary
Excelsior Mining Corp. (TSX: MIN) (FSE: 3XS) (OTCQB: EXMGF) has extended the maturity date of its $15 million credit facility to June 30, 2026, and secured a $5.5 million financing with Greenstone and Triple Flag. The extension and funding will allow the company to advance the Nuton Option on the Johnson Camp Mine and complete the well stimulation program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
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Rhea-AI Summary
Excelsior Mining Corp. provides an update on the mining camp encompassed by the Gunnison Copper Project, the Johnson Camp Copper Mine, and Strong and Harris in Arizona.
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End-of-Day
2%
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Rhea-AI Summary
Excelsior Mining announces assay results at Johnson Camp Mine
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Rhea-AI Summary
Excelsior Mining Corp. announces high-grade assay results at Johnson Camp Mine, averaging around 1% copper, in-line with expectations.
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Rhea-AI Sentiment
End-of-Day
18.18%
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Rhea-AI Summary
Excelsior Mining Corp. has started drilling at Johnson Camp in partnership with Nuton LLC to evaluate the use of Nuton's copper heap leaching technologies. The program involves drilling 6,000 feet of PQ core for further metallurgical evaluation. Results are expected in late Q3, 2023.
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3.45%
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3.24%
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-1.13%
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Rhea-AI Sentiment
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0.65%
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Excelsior Mining Corp

OTC:EXMGF

EXMGF Rankings

EXMGF Stock Data

50.81M
162.71M
1.8%
37.83%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Phoenix