StreetInsider.com News Articles

Ascendant Resources Receives Final Court Order Approving Arrangement With Cerrado Gold Inc.

Wed, 14 May 2025 06:00:00 -0500

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, ON / ACCESS Newswire / May 14, 2025 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) ("Ascendant" or the "Company") is pleased to announce that it has received a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously announced plan of arrangement (the "Arrangement") with Cerrado Gold Inc.

Closing of the Arrangement remains subject to customary closing conditions. Assuming the satisfaction or waiver of these remaining closing conditions, it is anticipated that the Arrangement will be

Ascendant Resources Receives Final Court Order Approving Arrangement With Cerrado Gold Inc.

Wed, 14 May 2025 06:00:00 -0500

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Closing of the Arrangement remains subject to customary closing conditions. Assuming the satisfaction or waiver of these remaining closing conditions, it is anticipated that the Arrangement will be

Ascendant Resources Shareholders Overwhelmingly Approve Acquisition by Cerrado Gold and Second Tranche of Private Placement

Tue, 06 May 2025 18:15:00 -0500

TORONTO, ON / ACCESS Newswire / May 6, 2025 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) ("Ascendant" or the "Company") is pleased to announce that shareholders of the Company ("Shareholders") overwhelmingly approved the Arrangement Resolution and the Sprott Resolution (each, as defined herein) at the special meeting of Shareholders (the "Meeting") held earlier today at the Company's office.

The Meeting was called for Shareholders to consider and, if deemed advisable, approve (i) the previously announced plan of arrangement of the Company (the "Plan of Arrangement"), pursuant to which Cerrado Gold Inc. ("Cerrado") would acquire all

Ascendant Resources Shareholders Overwhelmingly Approve Acquisition by Cerrado Gold and Second Tranche of Private Placement

Tue, 06 May 2025 18:15:00 -0500

Ascendant Resources to Advance Development of Lagoa Salgada VMS Project, Portugal

Mon, 30 Dec 2024 13:10:00 -0500

TORONTO, ON / ACCESSWIRE / December 30, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) ("Ascendant" or the "Company") is pleased to announce it continues to develop its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent success in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project. Continued development is planned in the areas of exploration at recently identified targets, further metallurgical testing and improvements. Additionally, completion of Definitive Feasibility Study Optimization and permitting advancement are all planned for the coming year.

Cerrado

Ascendant Resources to Advance Development of Lagoa Salgada VMS Project, Portugal

Mon, 30 Dec 2024 13:10:00 -0500

Cerrado

Ascendant Resources Announces Transformative Developments at Lagoa Salgada VMS Project, Portugal

Wed, 11 Dec 2024 06:00:00 -0500

Lagoa Salgada poised to become the next new mine on the Iberian Pyrite Belt

TORONTO, ON / ACCESSWIRE / December 11, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) is pleased to highlight significant advancements that have been achieved in 2024 at its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent progress in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project poised for rapid development with a construction decision expected in Q4 2025. Key highlights are summarized below:

Exploration Continues to Expand Resource

Ascendant Resources Announces Transformative Developments at Lagoa Salgada VMS Project, Portugal

Wed, 11 Dec 2024 06:00:00 -0500

Lagoa Salgada poised to become the next new mine on the Iberian Pyrite Belt
TORONTO, ON / ACCESSWIRE / December 11, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) is pleased to highlight significant advancements that have been achieved in 2024 at its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent progress in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project poised for rapid development with a construction decision expected in Q4 2025. Key highlights are summarized below:
Exploration Continues to Expand Resource

Ascendant Resources to Integrate Artificial Intelligence for Exploration at Lagoa Salgada in Partnership with the University of Évora, Portugal

Wed, 18 Sep 2024 06:00:00 -0500

Partnership to integrate hyperspectral technology, Artificial Intelligence ("AI") and machine learning for exploration as part of the Innovative HYPERMETAL Project.
HYPERMETAL project is designed to revolutionize the efficiency and precision of polymetallic mineral exploration by enhancing the characterization of deposits.
Program to be funded via application for Portugal 2030 Funding under the New Technologies Specialization Program.
Grants an extension to EDM to acquire up to a 15% interest in the Lagoa Salgada Project

TORONTO, ON / ACCESSWIRE / September 18, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that its

Ascendant Resources to Integrate Artificial Intelligence for Exploration at Lagoa Salgada in Partnership with the University of Évora, Portugal

Wed, 18 Sep 2024 06:00:00 -0500

Partnership to integrate hyperspectral technology, Artificial Intelligence ("AI") and machine learning for exploration as part of the Innovative HYPERMETAL Project.
HYPERMETAL project is designed to revolutionize the efficiency and precision of polymetallic mineral exploration by enhancing the characterization of deposits.
Program to be funded via application for Portugal 2030 Funding under the New Technologies Specialization Program.
Grants an extension to EDM to acquire up to a 15% interest in the Lagoa Salgada Project

TORONTO, ON / ACCESSWIRE / September 18, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that its

Ascendant Announces Cooperation Agreement With University of Lisbon

Wed, 10 Jul 2024 06:00:00 -0500

TORONTO, ON / ACCESSWIRE / July 10, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce the Company, through its subsidiary, Redcorp - Empreendimentos Mineiros, Lda ("Redcorp"), has entered into a Protocol of Cooperation ("Protocol") with the Faculty of Sciences of the University of Lisbon ("Faculdade de Ciências da Universidade de Lisboa - FCUL") with the aim to establish cooperation frameworks for joint participation in a wide range of projects, studies, and activities, focusing on Education, Training and Research on Environment and Natural Resources, and Innovation.
This Protocol of Cooperation

Ascendant Announces Cooperation Agreement With University of Lisbon

Wed, 10 Jul 2024 06:00:00 -0500

TORONTO, ON / ACCESSWIRE / July 10, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce the Company, through its subsidiary, Redcorp - Empreendimentos Mineiros, Lda ("Redcorp"), has entered into a Protocol of Cooperation ("Protocol") with the Faculty of Sciences of the University of Lisbon ("Faculdade de Ciências da Universidade de Lisboa - FCUL") with the aim to establish cooperation frameworks for joint participation in a wide range of projects, studies, and activities, focusing on Education, Training and Research on Environment and Natural Resources, and Innovation.
This Protocol of Cooperation

Ascendant Appoints McGovern Hurley As Company Auditor

Wed, 26 Jun 2024 08:00:00 -0500

TORONTO, ON / ACCESSWIRE / June 26, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that it has appointed McGovern Hurley LLP as its auditor until the next meeting of shareholders.
The appointment of McGovern Hurley follows mutual agreement between Ascendant and KPMG LLP and the subsequent notice from KPMG LLP to resign as auditor of the Company.
About Ascendant Resources Inc.
Ascendant Resources is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt

Ascendant Appoints McGovern Hurley As Company Auditor

Wed, 26 Jun 2024 08:00:00 -0500

TORONTO, ON / ACCESSWIRE / June 26, 2024 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Company") is pleased to announce that it has appointed McGovern Hurley LLP as its auditor until the next meeting of shareholders.
The appointment of McGovern Hurley follows mutual agreement between Ascendant and KPMG LLP and the subsequent notice from KPMG LLP to resign as auditor of the Company.
About Ascendant Resources Inc.
Ascendant Resources is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt