Press Release
Cerrado Gold to Acquire Ascendant Resources Inc
Cerrado is building undervalued world class assets to drive significant cash flow Attractive opportunity to acquire 80% of the robust Lagoa Salgada VMS Project with a Post-tax NPV of US$147 million and a 39% IRR in current Feasibility Study. Adds substantial precious metals and critical minerals exposure (34% silver & Gold, 30% Zinc, 15% copper, 14% lead, 7% tin) Expected lowest cost quartile production with US$0.59/lb Zinc Equivalent All in sustaining cost (AISC) for the first 5 years Underexplored asset with extensive exploration potential Optimized Feasibility Study due in Q3, construction decision by year end 2025 and initial production expected in second half of 2027. Limited equity dilution required to bring Lagoa Salgada to production Cerrado current Cash position of US$21 million budgeted to end year flat after all capital expenditures and debt reduction. Projected cash balance does not include payment of $15M due from asset sale to Hochschild and potential $10M option payment from Anglo Gold. EIA Approval expected in Q2 2025 and Optimized Feasibility Study in Q3 2025 Construction well supported with low-cost Export Credit Agency Project Financing with Tier 1 lenders, support from Sprott and potential off takers to move the project into production. Management to host Conference Call to discuss transaction on February 3, 2025, at 10:00 AM EST Read More
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Dedalus Surges Ahead in Europe & Latin America: Black Book Research's Top-Ranked Digital Health Leader
Ranked #1 in EHR & Digital Health Solutions by Black Book Research surveys of nearly 28,000 global EHR users-Leading Innovation Across All Spanish-Speaking Latin American Countries, Germany, Austria, Switzerland, Liechtenstein (DACHL), Portugal, the UK, and Italy with AI, Cloud, and Interoperability. Read More
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Double-Digit Tariffs Disrupt U.S. Healthcare Costs and Supply Chain Stability, Industry Leaders Warn in Black Book Poll
New Black Book Research survey reveals industry-wide concerns as tariffs on imports from Mexico, Canada, and China threaten to escalate healthcare costs, disrupt supply chains, and create affordability challenges for patients. Read More
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Brandon Figueroa Steps Into the Ring With Lock'dIn Beverages: National Spotlight on Fight Night
Lock'dIn Beverages, a subsidiary of Labor Smart Inc., proudly stands in the corner of elite boxer Brandon "The Heartbreaker" Figueroa as he prepares for battle in one of the most highly anticipated fights of the year. Read More
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View the Big Game and Celebrate Valentine's Day at Aqua Seafood & Caviar Restaurant
Located in Resorts World Las Vegas, with dishes by Michelin-starred chef, Shaun Hergatt, Aqua prepares exclusive game day bites for the Big Game and a romantic dinner experience for Valentine's Day weekend. Read More
Press Release
Associated Builders and Contractors of New Jersey and African American Chamber of Commerce of New Jersey Build Toward Equity
The Associated Builders and Contractors of New Jersey and the African American Chamber of Commerce of New Jersey are calling for greater diversity, equity, and inclusion in the Garden State’s construction industry. Read More
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