07:50 AM EDT, 05/06/2024 (MT Newswires) -- Brookfield Asset Management ( BAM ) agreed to invest $1.5 billion in alternative asset manager Castlelake in exchange for 51% of its fee-related earnings, the companies said Monday. The transaction is expected to close in Q3. Castlelake is an asset manager specializing in asset-based private credit to the aviation and other industries. The...

07:55 AM EDT, 05/06/2024 (MT Newswires) -- Osisko Metals ( OMZNF ) reported Monday an increase in indicated resources at the Gaspe copper project in Quebec. Osisko Metals' ( OMZNF ) updated resource estimates indicated resources of 495 million tonnes grading 0.37% copper equivalent, a 30% increase in copper-equivalent metal content over the previously reported copper-only inferred resource. Inferred resources...

07:51 AM EDT, 05/06/2024 (MT Newswires) -- Brookfield Asset Management ( BAM ) on Monday said it will acquire a 51% stake in the fee-related earnings of Castlelake, an alternatives asset manager specializing in asset-based private credit including aviation and specialty finance. Brookfield and Brookfield Reinsurance will invest US$1.5 billion in Castlelake's investment strategies. Castlelake, which was founded in 2005...

07:52 AM EDT, 05/06/2024 (MT Newswires) -- IsoEnergy ( ISENF ) , which lost more than 3% on Friday, said Monday that it has initiated its 2024 exploration program in Utah. The program is focused on four projects: the Tony M Mine, the Rim Mine, the Daneros Mine, and the Sage Plain Project. The company said the geophysical contractors have...