These 4 News Releases Caught Our Eye

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This will be a quick update. Only four news releases really caught our eye yesterday. And even then, nothing that eye-popping.

“The Saguenay region is already known for its global advantage in industries such as aluminum,” said Raphael Gaudreault, COO of Arianne Phosphate, “it would now become the player in Western production of phosphate for specialty uses like batteries.  The integrated project, both mine and PPA plant, will be of significant benefit to the Province and Country.  The region provides access to a skilled workforce, advanced infrastructure including port, rail and hydroelectricity and, the ability to access emerging battery markets in both North America and Western Europe.  As well, with the project being situated in Quebec, Canada, it will allow both Arianne and its customers to benefit from the economic incentives provided for by various government programs, with this further supported by phosphate’s addition to the Quebec’s critical mineral list. 

This makes us more bullish about being positioned in First Phosphate. In the end, if any of this happens, it would help the infrastructure in the region. Looking forward to the Pre-Feasibility Study from $DAN. With time.

Nothing wrong with those drill results at all!

But $BEX closed yesterday at a frustrating C$0.155 ⬇️ 0.02 (11.4%).

We sold them last week, not out of spite but because we found a copper play that we considered even more compelling. This is not the end for $BEX, and we may reenter if it experiences further sell-offs in the future.

Adventus Mining Corporation ("Adventus") (TSXV: ADZN) (OTCQX: ADVZF) and Salazar Resources Limited ("Salazar") (TSXV: SRL) (OTCQB: SRLZF) (collectively the "Participants") are pleased to announce that the Ministry of Energy and Mines of Ecuador ("MEM"), in conjunction with the Agency of Regulation and Control for Non-renewable Natural Resources of Ecuador, has issued a permit which grants approval for the design, construction, operation, and maintenance of the tailings storage facility ("TSF") for the El Domo - Curipamba copper-gold project located in central Ecuador ("El Domo").

More positive news from this company, yet the market continues to overlook it—an opportunity for anyone who doesn't mind the risks of operating in Ecuador.

The headline reads nice, but a little deep. The company closed at C$0.195 ⬆️ 0.015 (8.3%).

That's all we got for yesterday. Subscribe if you like these kind of updates.

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