GENM.CN - Generation Mining Limited

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
0.2350
-0.0050 (-2.08%)
At close: 2:43PM EDT
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Previous Close0.2400
Open0.2400
Bid0.2350 x 0
Ask0.2800 x 0
Day's Range0.2350 - 0.2400
52 Week Range0.0950 - 0.3600
Volume10,000
Avg. Volume26,593
Market Cap10.729M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.0100
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Generation Mining Announces Expanded Mineral Resource at Marathon Deposit, Increased To 7.13 Million Oz Palladium Equivalent

    TORONTO, Sept. 09, 2019 -- Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to report that a new independent Mineral Resource Estimate of the.

  • Newsfile

    Generation Mining Closes Final Tranche of Non-Brokered Flow-Through Financing

    Toronto, Ontario--(Newsfile Corp. - September 6, 2019) - Generation Mining Limited (CSE: GENM) ("Gen Mining" or the "Company") is pleased to announce that, further to its news release dated August 29, 2019, it has closed the second and final tranche of its previously announced non-brokered private placement financing (the "Offering") through the issuance of 417,460 flow-through common shares (the "Flow-Through Shares") at a price of $0.315 per Flow-Through Share for gross proceeds of $131,500. ...

  • Newsfile

    Generation Mining Closes $1.8 Million Non-Brokered Flow-Through Financing

    Toronto, Ontario--(Newsfile Corp. - August 29, 2019) - Generation Mining Limited (CSE:GENM) ("Gen Mining" or the "Company") is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing (the "Offering") of flow-through common shares (the "Flow-Through Shares"). The Company issued 5,750,000 Flow-Through Shares at a price of $0.315 per Flow-Through Share for aggregate gross proceeds of $1,811,250. In connection with the completion of the ...

  • Newsfile

    Generation Mining Announces Non-Brokered Flow-Through Financing

    Toronto, Ontario--(Newsfile Corp. - August 27, 2019) - Generation Mining Limited (CSE: GENM) ("Gen Mining" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement financing (the "Offering") of up to 6,400,000 common shares that are "flow-through shares" within the meaning of the Income Tax Act (Canada) (each a "Flow-Through Share") at a price of $0.315 per Flow-Through Share for aggregate gross proceeds of up to $2,016,000.Jamie Levy, ...

  • GlobeNewswire

    Generation Mining Increases Land Position at Marathon Project

    Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce that it has staked 215 new claim blocks totaling 4558 hectares. The newly staked ground was acquired based on the unique magnetic signature of the Eastern Gabbro series rocks which host palladium (“Pd”) and copper (“Cu”) mineralization at the main Marathon deposit as well as at the Company’s three other main project areas – Geordie, Sally and Boyer – within the Coldwell Complex near Marathon, Ontario. Exploration during the 2014-2017 period had identified mineralized intrusions corresponding to units of the Eastern Gabbro which had intruded the Archean footwall along the eastern and northern margins of the Coldwell Complex.  Eastern Gabbro rocks have a reversely magnetized signature, which is distinct from the surrounding rocks, and are considered prospective for Pd-Cu mineralization.

  • Generation Mining Begins 12,000 Metre Drill Program on Marathon Deposit
    Newsfile

    Generation Mining Begins 12,000 Metre Drill Program on Marathon Deposit

    Toronto, Ontario--(Newsfile Corp. - August 20, 2019) - Generation Mining Limited (CSE: GENM) ("Gen Mining" or the "Company") is pleased to announce that it has signed a contract with Chibougamou Drilling for a 12,000-metre drilling program on its Marathon palladium project in northern Ontario. Two drills and crews have been mobilized to site and drilling commenced August 14th, 2019. The program is designed to test several high-priority sites on the 219.65 sq. ...

  • GlobeNewswire

    Generation Mining Strengthens Operations Team

    John McBride, MSc., P.Geo., has joined Gen Mining as the Company’s Senior Exploration Geologist and has been working on Gen Mining’s PGM-copper project near Marathon, Ontario, periodically since 2007 when he graduated from Lakehead University with a HBSc. Prior to working on the Coldwell Complex, he worked as a field geologist across Canada exploring for nickel, copper, platinum group metals, gold, and diamonds.

  • GlobeNewswire

    Generation Mining Commences Passive Seismic Survey at Sally Area

    TORONTO, July 25, 2019 -- Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce that it has commenced a passive seismic survey on the.

  • Newsfile

    Generation Mining Welcomes Two New Directors, Announces Results of Annual Shareholder Meeting

    Toronto, Ontario--(Newsfile Corp. - July 16, 2019) - Generation Mining Limited (CSE: GENM) (the "Company" or "Gen Mining") is pleased to announce that at its annual shareholder meeting on July 11, 2019 (the "Meeting") shareholders voted over 99% in favour of all resolutions presented to the meeting, which included the election of the directors, the appointment of the Company's auditors, and the approval of the Company's stock option plan. At the Meeting shareholders elected ...

  • CNW Group

    IIROC Trade Resumption - GENM

    IIROC Trade Resumption - GENM

  • GlobeNewswire

    Generation Mining closes Marathon PGM property acquisition

    On July 9, 2019, the proceeds of the previously completed $8 million bought deal private placement financing led by Haywood Securities Inc. were released from escrow, and the 28,572,000 outstanding subscription receipts were converted into an aggregate of 28,572,000 common shares and 14,286,000 common share purchase warrants, each such warrant exercisable for one common share at a price of $0.45 per share until July 9, 2021. For more information on the private placement, please refer to the Company’s press releases dated May 6, 2019 and June 5, 2019.

  • CNW Group

    IIROC Trading Halt - GENM

    IIROC Trading Halt - GENM

  • GlobeNewswire

    Generation Mining Signs Definitive Acquisition Agreement with Sibanye-Stillwater

    Generation Mining Ltd. (the “Company” or “Gen Mining”) has signed an acquisition agreement with Sibanye Gold Ltd., trading as Sibanye-Stillwater, pursuant to which, on closing the Company will earn an initial 51-per-cent interest (the “First Interest”) in Sibanye-Stillwater's Marathon PGM deposit located near Marathon, Ontario (the “Property”) and form an unincorporated joint venture with Stillwater Canada Inc. The property consists of 45 mining leases totalling 8450 hectares, and an additional 856 contiguous mining claims covering 8957 hectares for a total land package of 17,407 hectares.  The closing is expected to take place by mid July 2019. Upon signing a letter of intent Gen Mining paid to Sibanye-Stillwater a deposit of $100,000.

  • GlobeNewswire

    Generation Mining and Sibanye Gold Limited Extend Period of Exclusivity

    Further to its press release dated April 17, 2019, Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) announces that the exclusivity period for Gen Mining to acquire a majority interest in the Marathon Platinum Group Metals Property in Ontario (the “Property”) from Sibanye Gold Limited (“Sibanye”) has been extended to June 28, 2019. On April 17, 2019, pursuant to a binding letter of intent between Gen Mining and Sibanye the Company was granted exclusivity as an initial step toward a definitive transaction which would result in Gen Mining acquiring up to an 80% interest in the Property.

  • GlobeNewswire

    Generation Mining Completes C$8,000,160 Bought Deal Private Placement

    Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce that it has completed its previously announced bought deal private placement of 28,572,000 subscription receipts (the “Subscription Receipts”) at a price of C$0.28 per Subscription Receipt (the “Issue Price”) for aggregate gross proceeds of C$8,000,160 (the “Offering”). The Offering was led by Haywood Securities Inc., on behalf of a syndicate of underwriters including Canaccord Genuity Corp., PowerOne Capital Markets Limited and PI Financial Corp. (together with Haywood, the “Underwriters”). Each Subscription Receipt will be automatically converted, without payment of additional consideration, into one unit of the Company (a “Unit”) in connection with Gen Mining’s previously announced binding letter of intent with Sibanye Gold Limited to earn an initial 51% interest (and potentially up to an 80% interest) in the Marathon PGM Property located near Marathon, Ontario (the “Transaction”).

  • GlobeNewswire

    Generation Mining Announces C$8 Million Bought Deal Private Placement

    Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead underwriter on behalf of a syndicate of underwriters including Canaccord Genuity Corp., PowerOne Capital Markets Limited and PI Financial Corp. (together with Haywood, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 28,572,000 subscription receipts (the “Subscription Receipts”) at a price of C$0.28 per Subscription Receipt (the “Issue Price”) for aggregate gross proceeds of C$8,000,160 (the “Offering”). Each Subscription Receipt will be automatically converted, without payment of additional consideration, into one unit of the Company (a “Unit”) in connection with Gen Mining’s previously announced binding letter of intent with Sibanye Gold Limited to earn an initial 51% interest (and potentially up to an 80% interest) in the Marathon PGM Property located near Marathon, Ontario (the “Transaction”).

  • GlobeNewswire

    Generation Mining Signs Binding Letter to Option the Marathon PGM Deposit

    Gen Mining Chief Executive Officer Jamie Levy commented, “We are very pleased to have the opportunity to acquire an interest in an advanced project with a substantial mineral resource of platinum group metals in a safe jurisdiction with excellent infrastructure surrounding the project.  It’s one of the few large undeveloped palladium deposits in North America.

  • GlobeNewswire

    Generation Mining Identifies Four Zn-Pb Base Metal Drill Targets on the Rawdon West Property

    Generation Mining Limited (CSE:GENM, the “Company”) is pleased to announce additional results from the 2018 airborne VTEMTM survey on the western portion of the Rawdon property in Nova Scotia, where 976 line kilometres of VTEMTM survey were flown in late 2018 (Figure 1). The VTEM survey discovered four conductive responses of primary interest, all of them proximal to the Rawdon Fault Zone (RFZ) which is believed to have placed the prospective (for Zn, Pb and Cu mineralization) lower units of the variably conductive Windsor Group rocks in faulted contact with the basement rocks of the older, and magnetic Meguma Super Group.   These discoveries are supported by an extensive database of historic airborne/ground geophysical and drill hole data, including gravity, magnetic, EM and 2D seismic, and are now drill-ready.

  • GlobeNewswire

    Generation Mining Receives Permits for Alberta Zinc Project, Starts Work Program

    Generation Mining Limited (CSE:GENM, the “Company”) is pleased to announce that all permits have been received for a sampling program on the Alberta Zinc property (the “Property”) near High Level, Alberta, and that work will commence next week. The program is designed to pinpoint the source of a 4,000-square-kilometre zinc in till anomaly, as manifested by the presence of sphalerite grains, discovered by the Geological Survey of Canada and the Alberta Geological Survey in 2003 (Figure 2). Other studies have indicated the likely ice direction of the most recent glacial movement, and the program is designed to systematically sample shallow till samples moving “up ice” until the anomaly ends, thus indicating proximity to the source of sub-cropping zinc mineralization.

  • GlobeNewswire

    Generation Mining Identifies VTEM Conductors on Pb-Zn-Cu Properties in Nova Scotia

    Generation Mining Limited (CSE:GENM, the “Company”) is pleased to announce initial results from the 2018 airborne VTEM survey, part of the base metals exploration program in central Nova Scotia.  The program has identified a number of anomalies representing high-priority drill targets on the recently-staked Rawdon East property.  A 222 line-km VTEM­ survey, completed in August, has identified VTEM anomalies in geologic units which host a number of historical lead-zinc deposits.  Since the late 1800s, the Middle Stewiacke region has been known to host numerous carbonate-hosted base metal and barite deposits (Figure 1) hosted by marine sedimentary rocks and evaporites in the Windsor Group of rocks.