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Vancouver, British Columbia–(Newsfile Corp. – January 14, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company”) Achieving a significant milestone at this year’s Consumer Electronics Show (CES), Metavista3D showcased its visionary technology at a prime location on the exhibition floor, capturing the attention of industry leaders and innovators alike. The event not only positioned Metavista3D at the forefront of the metaverse and immersive Technology sectors but also facilitated the formation of a pivotal partnership that will propel its future advancements.
Prime Exhibition Space and Positive Reception
Taking over the spot previously reserved for tech giant Hewlett-Packard (NYSE: HPQ), Metavista3D attracted significant interest with its immersive 3D solutions, eliciting praises from attendees and securing valuable leads. This strategic positioning and subsequent visibility have reinforced its reputation as a key player in the realm of immersive experiences and 3D content.
Forging New Pathways with Caliverse
One of the most notable achievements at CES 2025 was the signing of a Memorandum of Understanding (MOU) with Caliverse, Inc., a subsidiary within the influential Lotte Group. Specializing in integrating real-world content into virtual worlds, Caliverse brings its considerable expertise and visionary goals to this partnership. Together, they aim to revolutionize immersive entertainment experiences, leveraging Metavista3D’s multi-user display technology to unlock vast market opportunities. The partnership promises to blend Metavista3D’s cutting-edge technology with Caliverse’s ambitious vision, making significant inroads into the burgeoning metaverse landscape.
In the Picture from left to right: Dr. Rolf-Dieter Naske, CTO of Metavista3D, Kim DongKyu, CEO of Caliverse, Jeff Carlson, CEO of Metavista3D
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Vision for Expansion and Innovation
Reflecting on the partnership’s potential, Jeff Carlson, spokesperson for Metavista3D, shared his enthusiasm: “This partnership allows Metavista3D to enter new markets and tap into the growing demand for immersive technology in entertainment. The metaverse is still an underdeveloped opportunity for our company, and we’re thrilled to be part of this rapidly evolving space. The possibilities are endless, and we look forward to what lies ahead.”
This strategic alliance positions Metavista3D to make significant strides in developing next-generation digital experiences, exemplifying a commitment to innovation and industry leadership. As Metavista3D continues to break new ground, the future indeed looks promising for this dynamic company as it redefines digital engagement and immersive entertainment.
About CES
CES is the most powerful tech event in the world. This event is where brands get business done and where the industry’s sharpest minds take the stage to unveil their latest groundbreaking innovation. CES is produced by the Consumer Technology Association (CTA)®. For more information, visit .
About Caliverse
Caliverse, Inc., a subsidiary of Lotte Group, is an immersive entertainment company focusing on integrating real-world content into the metaverse. With expertise in 3D shopping experiences, live entertainment, and virtual concerts, Caliverse is shaping the future of entertainment in the digital age. For more information, visit: and
About Metavista3D ()
Metavista3D Inc., through its wholly-owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo-holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. For more information, visit: .
Metavista3D’s shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T. Metavista3D’s ISIN number is CA59142H1073 and German WKN number is A3EG0D.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey Carlson
CEO and Director
E: …
T: (647) 697-9199
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Information:
This news release contains forward-looking statements including but not limited to statements regarding the Company’s business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.
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SOURCE: Metavista3D, Inc.
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DAKAR – Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company’s Loulo-Gounkoto complex and flew them out by helicopter over the weekend.
Around three metric tons had been taken from the mining complex in western Mali on Saturday, two sources told Reuters on Monday, with one putting the value of the gold at $245-million. In a letter to the Malian government on Monday, Barrick said the seizure meant it would now be “obliged” to temporarily suspend mining operations at the Loulo and Gounkoto mines.
The seized gold will be transported to the state-owned Banque Malienne de Solidarite (BMS) in the capital Bamako, two sources said.
Barrick shares on the Toronto stock exchange were down 1.9% shortly before the close of trading on Monday.
One source said eyewitnesses at the mining complex had described gold being shipped in two separate air force helicopter loads. The second source said the seizure was part of a confiscation order that a judge issued last week.
In its letter to the Malian government, Barrick said the seizure of the gold meant it was no longer covered by Barrick’s insurance. It added that it was waiting for confirmation that the gold removed from its site had arrived at the Banque Malienne de Solidarite and for proof that the gold held there was insured.
In a separate court order, dated January 2 and also seen by Reuters on Monday, Judge Boubacar Moussa Diarra had ordered the seizure of the stock and said Mali’s economy ministry claimed the two mines operated by Barrick in the country owed a total of $5.5-billion to the government, a much higher figure than previously estimated.
Barrick has been in a dispute with Mali’s government since 2023 over a contract based on new mining rules. The row has escalated several times, with Mali detaining senior executives and issuing an arrest warrant for Barrick CEO Mark Bristow.
On Friday, the International Centre for Settlement of Investment Disputes registered Barrick’s request for arbitration proceedings against Mali, according to public documents.
Military governments in Mali, Burkina Faso and Niger are all seeking to renegotiate terms to gain a bigger share of mining revenue at a time when gold prices have hit record highs.
Neither Barrick nor the Malian authorities immediately responded to requests for comment.
The sources spoke on condition of anonymity as they were not authorised to discuss publicly the confidential orders.
Barrick said in a note to Malian staff on Sunday that the government had begun enforcing an order to seize the gold, and warned again that it may have to suspend operations at the complex over the long-running dispute.
Jefferies analysts have estimated that suspending production at the mine could cut Barrick’s earnings before interest, tax and amortisation by 11% in 2025.
Mali had previously demanded about $500-million in unpaid taxes from Barrick, sources told Reuters. Barrick denies any wrongdoing. The company’s quarterly earnings report says it did pay $85-million to the Malian government in October.
Barrick warned last month of a significant deterioration of conditions at Loulo-Gounkoto, with employees detained without cause and shipments of bullion blocked. The company owns 80% of the mining complex, with the Mali government owning 20%.
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Toronto, Ontario–(Newsfile Corp. – January 13, 2025) – Ronald J. Goguen, Chairman, President and Chief Executive Officer, Canadian Gold Resources Ltd. (“Canadian gold Resources” or the “Company”) (TSXV: CAN) and his team, joined Robert Peterman, Chief Commercial Officer, Toronto stock exchange (TSX), to close the market to celebrate the Company’s new listing on TSX Venture Exchange.
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Canadian Gold Resources Ltd. is a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec. The Company targets under-explored, past-producing properties with significant growth potential, leveraging modern exploration techniques to unlock value. A bulk sample extraction planned for 2025 provides a clear path to near-term cash flow and early dividends-rare for junior gold explorers. With a team of experienced professionals and a commitment to sustainability and community engagement, Canadian Gold Resources is well-positioned to capitalize on opportunities within this historic and promising gold region. For more information, visit .
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Susan Xu
Investor Relations
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778-323-0959
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SOURCE: Toronto Stock Exchange
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Barrick Gold Corporation GOLD has alerted shareholders about an unsolicited mini-tender offer from TRC Capital Investment.
What Happened: The offer seeks to purchase up to 5 million of Barrick’s common shares, representing about 0.29% of the outstanding shares of the second-largest gold miner.
However, the firm made this offer well below the previous closing market price of CA$21.35 per share. The offer was at a discount of 4.52% to the closing price on the Toronto Stock Exchange and 4.38% to the closing price on the New York Stock Exchange (NYSE).
Barrick noted that it does not endorse the offer and recommends that shareholders refrain from tendering their shares.
The company also clarified that shareholders who have already tendered their shares could withdraw them by Feb. 6 by following the procedures outlined in TRC Capital’s documents.
Mini-tender offers like this are designed to avoid regulatory thresholds that trigger disclosure requirements under Canadian and U.S. securities laws. Regulators, including the U.S. Securities and Exchange Commission (SEC) and the Canadian Securities Administrators, have raised concerns about mini-tender offers, noting that they are often priced below market value.
The SEC has previously warned that some bidders use these offers to exploit shareholders who may not realize the offer price is significantly lower than the current market price.
See Also: Tuesday’s Producer Inflation Report Could Stoke Market Volatility As Fed Path Remains Unclear
Why It Matters: TRC Capital’s timing coincides with Barrick’s issues in Mali, where it operates the Loulo-Gounkoto mining complex. Reuters reported that the Malian government recently issued a provisional order to seize gold stocks at the site, with enforcement beginning on Jan. 11.
This dispute arises from Mali’s government pushing to renegotiate mining contracts for a greater share of revenues amidst higher commodity prices. The broader trend in the region shows that military-led governments have sought to reassert control over natural resources.
Barrick has disclosed that around four metric tons of gold, worth approximately $380 million based on current prices, are at risk. Loulo-Gounkoto contributes around 14% of Barrick’s total annual gold production, making it a critical asset for the company.
Price Watch: Barrick closed the trading session down 1.72% at $15.45 on the NYSE.
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Toronto, Ontario–(Newsfile Corp. – January 13, 2025) – Ernest Mast, President and Managing Director, Cygnus Metals Ltd. (TSXV: CYG) (“Cygnus Metals” or the “Company”), and his team, joined Robert Peterman, Chief Commercial Officer, Toronto stock exchange (TSX), to open the market to celebrate the Company’s new listing on TSX Venture Exchange.
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Cygnus Metals Limited (TSXV: CYG) (ASX: CY5) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.
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Published Jan 13, 2025 • 8 minute read
MURDOCHVILLE, Quebec, Jan. 13, 2025 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Company or “Osisko Metals“) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to welcome the participation of the Government of Quebec in its Gaspé Copper Project, located next to the Town of Murdochville in the Gaspé Peninsula, on the traditional territory of the Mi’gmaq First Nation of Gespe’gewa’gi.
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The Government of Quebec will lead a pilot project to create a committee that seeks to maximize the economic benefits of the Gaspé Copper Project. The committee will be overseen by the Ministère des Ressources naturelles et des Forêts (Quebec Ministry of Natural Resources and Forests) and aims to optimize socio-economic benefits in the Gaspé Peninsula by ensuring strong collaboration with the business community throughout the project development process.
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The announcement was made today in Murdochville during a press conference by Ms. Maïté Blanchette Vézina, Minister of Natural Resources and Forests and Minister Responsible for the Bas-Saint-Laurent Region and the Gaspésie−Îles-de-la-Madeleine Region, along with Mr. Stéphane Sainte-Croix, MNA for Gaspé, and local representatives. Mr. Robert Wares, CEO of Osisko Metals, also participated in the press conference.
Minister Maïté Blanchette Vézina said, “I am very proud of the creation of this maximization committee, which will act as a lever for cooperation and transparency in this project. This approach demonstrates our government’s desire to develop mining activities harmoniously, as evidenced by the modernization of the Mining Act. Copper and its derivatives are minerals we need to be interested in for our energy transition, and completing this mining project could ultimately help secure our supplies. I want to thank all the stakeholders in advance for participating in the committee.”
“This initiative by our government demonstrates our commitment to help create winning conditions for the participation of economic stakeholders and the development of business opportunities associated with the Gaspé Copper project,” added Mr. Stéphane Sainte-Croix, MNA for Gaspé. “As such, we are convinced that this pilot project will allow for a structuring and harmonious integration of stakeholders in the economic project and will contribute significantly to the major benefits that will participate in the development and visibility of the region.”
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On behalf of Osisko Metals, Mr. Wares said, “We are delighted to have the participation and support of the Government of Quebec in the advancement of the Gaspé Copper project. Osisko Metals intends to develop the project in harmony with the citizens of Murdochville and the Gaspé Peninsula, the Mi’gmaq community of Gespe’gewa’gi and the local business community while prioritizing respect for the environment and sustainable development in our activities. We firmly believe that Gaspé Copper could become an economic pillar that will benefit the Gaspé Peninsula for several decades to come.”
About the Project
Osisko Metals’ Gaspé Copper project aims to restart the Murdochville Gaspé Copper mine by 2031. The former mine site contains excellent estimated resources of copper, a critical and strategic mineral that is increasingly in demand worldwide, and other important by-products in the industry, such as molybdenum. The Gaspé Copper Project is currently in the advanced exploration phase and Osisko Metals plans to continue its feasibility studies until 2027.
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Responsible and Harmonious Collaboration
On the ministerial side, the announced pilot project comes from the 2024-2025 Roadmap for the harmonious and responsible development of mining activity, also made public today by the Minister of Natural Resources and Forests. This roadmap stems more broadly from the major observations made following the Participatory Approach for the Harmonious Development of Mining Activity, carried out in the spring of 2023, which included social acceptability, the participation of local communities and the maximization of economic benefits.
The objectives of the maximization committee formed in Murdochville, therefore, aim to improve and consolidate approaches that promote economic benefits on a regional scale, increase the participation of local and Indigenous business communities in the development of the project, and identify opportunities within the circular economy. Creating a place for exchanges between the business community and Osisko Metals also facilitates the overall understanding of the project and the opportunities it creates in the area. Various local and regional economic development organizations – municipal, governmental, business and Indigenous – will sit on the committee.
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Osisko Metals’ Leadership
Osisko Metals is also proud of the leadership role it plays in the industry and on the provincial scene, as its participation in this pilot project will allow the Ministry to identify best practices for maximizing benefits in mining project host communities and to develop a program of support that facilitates the establishment of this type of committee in other regions of Quebec.
About Osisko Metals
Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc.
The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec‘s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of
824 Mt grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled “Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper“. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.
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In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada‘s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals‘ June 25, 2024 news release entitled “Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq”. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.
For further information on this news release, visit www.osiskometals.com or contact:
Robert Wares, Chief Executive Officer of Osisko Metals Incorporated
Email: info@osiskometals.com
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Follow Osisko Metals on Facebook at https://www.facebook.com/osiskometals, on LinkedIn at https://www.linkedin.com/company/osiskometals, and on X at https://twitter.com/osiskometals.
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “potential”, “feasibility”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the anticipated changes to the management and Board of the Company; the ability for the Company to complete the Transaction on the terms contemplated (if at all); the size of the Transaction; the Closing Date of the Transaction; the ability for the Company to obtain the conditional and final approval of the TSX Venture Exchange; the anticipated use of proceeds of the Transaction; the tax treatment of the FT Units; the timing of incurring the Qualifying Expenditures and the renunciation of the Qualifying Expenditures; the ability to advance Gaspé Copper to a construction decision (if at all); the ability to increase the Company’s trading liquidity and enhance its capital markets presence; the potential re-rating of the Company; the expectation that management and directors of the Company will be significant shareholders of the Company following the Transaction; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system; and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.
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Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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