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55 North Mining Inc. Declares a Cash Dividend of C$0.0839 Per Share

55 North Mining Inc. Declares a Cash Dividend of C$0.0839 Per Share
55 North or the
Company ) is pleased to declare a cash dividend of C$0.0839
per share on a pre-roll up basis to shareholders of record as of July 11, 2020. The dividend represents the distribution to shareholders of the net proceeds of the sale of Aston Minerals Ltd. shares held by the Company. The Company s transfer agent, TSX Trust Company, will distribute the cash dividends.
Background
The shareholders of 55 North approved, at the Annual General and Special Shareholder Meeting (the AGSM ) on August 10, 2020, the sale of the Company s interest in the Edleston Gold Property, to Aston Minerals Ltd. ( Aston ), formerly European Cobalt Ltd. ( EC ), for C$750,000 and 100,000,000 EC Shares (the Consideration Shares ) by way of an in specie dividend. Following the AGSM, the Board of Directors (the Board ) approved a resolution that, following the completion of the sale of the interest in the ....

Bruce Reid , Trust Company , Mining Inc , Ontario Securities Commission , Aston Minerals Ltd , European Cobalt Ltd , Baston Minerals , Annual General , Special Shareholder Meeting , Edleston Gold Property , European Cobalt , Consideration Shares , Last Hope Gold Project , Executive Officer , காயங்கள் ரீட் , நம்பிக்கை நிறுவனம் , சுரங்க இன்க் , ஆஂடேரியொ பத்திரங்கள் தரகு , ஆஸ்டன் தாதுக்கள் லிமிடெட் , ஐரோப்பிய கோபால்ட் லிமிடெட் , ஆஸ்டன் தாதுக்கள் , ஆண்டு ஜநரல் , சிறப்பு பங்குதாரர் சந்தித்தல் , ஐரோப்பிய கோபால்ட் , கடந்த நம்பிக்கை தங்கம் ப்ராஜெக்ட் , நிர்வாகி அதிகாரி ,

Why the Aston Minerals (ASX:ASO) share price leapt 85% on open

Why the Aston Minerals (ASX:ASO) share price leapt 85% on open
Bernd Struben | March 10, 2021 12:17pm |
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Image source: Getty Images
Aston Minerals Ltd(ASX: ASO) shares are rocketing today, up 59% in midday trade. The Aston share price closed yesterday at 3.4 cents and opened this morning at 6.4 cents, leaping 85% higher before partially retracing.
We take a look at the ASX gold explorer’s latest drill results below.
What did the company report?
The Aston Minerals share price is surging after the company reported the diamond drilling program at its Edleston Project in Ontario, Canada had intersected visible gold.
This is Aston’s maiden drilling program at Edleston, and the visible gold was struck on its third drill hole from 362 metres. In total, Aston has so far drilled 1,320 metres across the three holes. The company said to date it has drill-tested roughly one kilometre of the total ten kilometres strike length at ....

Scott Phillips , Dale Ginn , Baston Minerals , Aston Minerals Ltd , Edleston Project , All Ordinaries Index , Motley Fool Share Advisor , ஸ்காட் பிலிப்ஸ் , டேல் ஜின் , ஆஸ்டன் தாதுக்கள் , ஆஸ்டன் தாதுக்கள் லிமிடெட் ,