financetom
Business
financetom
/
Business
/
Update: Talisker Provides Clarification on Ore Purchase Agreement with Ocean Partners; Shrs Up Near 6%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Talisker Provides Clarification on Ore Purchase Agreement with Ocean Partners; Shrs Up Near 6%
Nov 10, 2025 12:11 PM

02:50 PM EST, 11/10/2025 (MT Newswires) -- Talisker Resources ( TSKFF ) , up near 6% at last look, on Monday afternoon provided clarification in respect of its press release issued earlier today, which announced the acceleration of the ore purchase agreement to be entered into with Ocean Partners and that the company will begin shipping gold bearing material in January 2026.

As disclosed in the press release dated October 30, 2025, the Ore Purchase Agreement and the US$25 million revolving credit facility will provide Talisker with the ability to increase its milling capacity to up to 1,500 tpd and secure the pathway to ramp up production. In connection with such ramp up, the company must also amend the production permit for the Bralorne Gold Project from its current rate of 175 tpd annualized over 12 months to 500 tpd including the implementation of an ore-sorter to increase output beyond 500 tpd. The company said it has commenced this process and has received verbal indications on the timeline from the British Columbia Ministry of Mining and Critical Minerals that it should receive approval of the permit amendment by Q3 2026.

Price: 1.45, Change: +0.08, Percent Change: +5.84

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ibex Insider Sold Shares Worth $791,003, According to a Recent SEC Filing
Ibex Insider Sold Shares Worth $791,003, According to a Recent SEC Filing
Nov 26, 2024
05:26 PM EST, 11/26/2024 (MT Newswires) -- Shuja Keen, Director, on November 20, 2024, sold 37,569 shares in Ibex (IBEX) for $791,003. Following the Form 4 filing with the SEC, Keen has control over a total of 88,110 shares of the company, with 88,110 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1720420/000162828024049318/xslF345X05/wk-form4_1732659748.xml ...
Yelp Closes $80 Million Acquisition of RepairPal
Yelp Closes $80 Million Acquisition of RepairPal
Nov 26, 2024
05:27 PM EST, 11/26/2024 (MT Newswires) -- Yelp (YELP) said late Tuesday it completed the acquisition of RepairPal for about $80 million in cash. The company agreed to acquire the auto services platform earlier in November. ...
Knife River Names Glenn Pladsen Chief Excellence Officer
Knife River Names Glenn Pladsen Chief Excellence Officer
Nov 26, 2024
05:29 PM EST, 11/26/2024 (MT Newswires) -- Knife River (KNF) said Tuesday it appointed Glenn Pladsen as vice president and chief excellence officer, starting Jan. 1, 2025. As vice president of support services, Pladsen has led key initiatives and will now take on an expanded role focusing on safety and operational excellence, Knife River said. ...
Logan Energy to Buy Interest in Alberta Oil and Gas Assets for $52 Million; Enters $35-Million Equity Offering
Logan Energy to Buy Interest in Alberta Oil and Gas Assets for $52 Million; Enters $35-Million Equity Offering
Nov 26, 2024
05:27 PM EST, 11/26/2024 (MT Newswires) -- Logan Energy ( LOECF ) after trade Tuesday said it has agreed to buy a 50% working interest in assets in the Montney shale field in Alberta from Gran Tierra Energy ( GTE ) for $52 million and will pay for the acquisition, in part, with a bought-deal share offering The deal includes...
Copyright 2023-2026 - www.financetom.com All Rights Reserved