| Will Sound Point Meridian Capital, Inc. (SPMC) Beat Estimates Again in Its Next Earnings Report? |
Sound Point Meridian Capital, Inc. (SPMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2025-05-16 17:11:08 |
Czytaj oryginał (ang.) |
| It's Raining CLO Equity CEFs And Why We Got Longer |
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility. |
seekingalpha.com |
2025-05-08 10:42:54 |
Czytaj oryginał (ang.) |
| 2 High-Yield Picks From ECC And SPMC - Yields Up To 9% |
CLO equity is popular but often overvalued; fixed income instruments from ECC and SPMC offer more attractive risk-adjusted returns. ECCW Baby Bond offers a 6.75% annual dividend, trading at $23 with an 8.92% yield to maturity, poised to outperform the common stock. SPMA preferred stock provides an 8% annual dividend, trading at $24.49 with an 8.9% yield to maturity, and is relatively safe due to the low leverage of the company. |
seekingalpha.com |
2025-05-06 14:45:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Commences New Anga Project Exploration Program Targeting Irinke Extension Gold Prospects Along K92 Border |
Highlights: Irinke Extension Gold Prospects, a potential extension of K92's Arakompa gold system, is a new cluster of four priority gold exploration targets revealed within a broad 4 km by 4 km area by advanced lithogeochemistry; Arakompa-like geochemical signature of the Irinke Prospect now confirmed; Sampling underway across prospects, with assay results expected in May/June timeframe to help refine growing target pipeline; and Newly purchased diamond drill rig scheduled to arrive in-country mid-June, with year-round drilling to begin soon after. Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce new exploration work programs are underway at the Anga Project, following surface geochemistry targeting results confirming the Irinke Prospect's priority nature and identifying several new gold prospects extensional to Irinke. |
newsfilecorp.com |
2025-04-30 11:30:00 |
Czytaj oryginał (ang.) |
| Weekly Closed-End Fund Roundup: CUBA Jumping On CLO Bandwagon (April 13, 2025) |
10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering. |
seekingalpha.com |
2025-04-23 16:47:53 |
Czytaj oryginał (ang.) |
| South Pacific Metals Provides Project Updates and Announces Diamond Drill Rig Purchase to Accelerate Gold and Copper Exploration |
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce the acquisition of its first man-portable diamond drill, following the successful close of its C$6.3 million financing. Designed for efficient core drilling to depths of 500+ metres in remote locations, the new MultiPower MP500 Diamond Core Drill can operate year-round and will support faster and more cost-effective mobilization efforts across SPMC's 3,100 km² portfolio of four gold-copper projects in Papua New Guinea. |
newsfilecorp.com |
2025-04-08 11:30:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Successfully Completes Warden's Hearing on Renewal of Exploration Licence for Kili Teke Copper-Gold Project |
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to report the successful completion of the Warden's Hearing for the renewal of Exploration License EL 2310, covering the 253 km2 concession comprising the Kili Teke Copper-Gold Project (the "Project"), located in Papua New Guinea. The Project currently hosts an Inferred Mineral Resource defined on only a portion of the system: the Central Porphyry hosts 1.81 Moz Au, 802 kt Cu & 40 kt Mo contained metal, in 237 Mt at 0.34% cu, 0.24 g/t Au &, 168 ppm Mo 1 (see January 12, 2023, press release and technical report available on SEDAR+ under the Company's profile at www.sedarplus.ca). |
newsfilecorp.com |
2025-03-31 11:30:00 |
Czytaj oryginał (ang.) |
| Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It) |
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions. |
seekingalpha.com |
2025-03-27 16:54:01 |
Czytaj oryginał (ang.) |
| Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred |
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities. |
seekingalpha.com |
2025-03-20 13:17:06 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: The Different Flavors Of Net Investment Income |
We review the CEF market valuation and performance through the last week of February and highlight recent market action. CEF market saw mixed performance with Muni sectors outperforming due to lower Treasury yields, while Equity-linked sectors underperformed. CCIF declared Q4 numbers with a wide variation between GAAP and Core net investment income. |
seekingalpha.com |
2025-03-08 09:30:27 |
Czytaj oryginał (ang.) |
| The Tide Is Changing, Be Prepared With CLOs To Keep The Income Streaming In |
The Magnificent Seven stocks led a bull run from late 2022 to 2024, but 2025's market correction reveals vulnerabilities, offering opportunities in high-yield CLO equity funds. CLO equity funds, like SPMC, CCIF, and OCCI, provide high-yield income uncorrelated to stock market performance, making them attractive during market downturns. SPMC, new in 2024, has increased distributions thrice, showing strong performance and resilience, yielding about 14% despite broader market selloffs. |
seekingalpha.com |
2025-03-05 10:56:18 |
Czytaj oryginał (ang.) |
| SPMC: Outperformance And Income Growth Catalysts For This 13.7% Yielding CEF |
SPMC's Q4 results show a net investment income of $0.62 per share, with NAV rising by nearly 5% due to significant realized and unrealized gains. The fund focuses on the primary CLO market for cleaner portfolios and plans to increase leverage to 27%, still low for the sector. Net income should benefit further from incremental leverage and additional CLO resets. |
seekingalpha.com |
2025-03-05 06:47:22 |
Czytaj oryginał (ang.) |
| South Pacific Metals Announces Commencement of 2025 Gold-Copper Exploration Programs Following Successful Financing |
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce that that following the successful closing of its recent C$6.3 million financing, the Company is now set to proceed with extensive exploration programs across its 3,100 square kilometre (km2) portfolio of four gold-copper projects in Papua New Guinea. Upcoming exploration activities at May River, Osena, Anga and Kili Teke Projects will include systematic sampling, trenching, and drilling to further define and expand the mineral potential of each property. |
newsfilecorp.com |
2025-02-18 19:35:00 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains |
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year. |
seekingalpha.com |
2025-02-15 09:32:29 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital Inc (SPMC) Q3 2025 Earnings Call Transcript |
Sound Point Meridian Capital Inc (NYSE:SPMC ) Q3 2025 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Peter Sceusa - Investor Relations Ujjaval Desai - Chief Executive Officer Kevin Gerlitz - Chief Financial Officer Conference Call Participants Randy Binner - B. Riley Erik Zwick - Lucid Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the Sound Point Meridian Capital, Inc. Third Fiscal Quarter Ended December 31, 2024 Earnings Conference Call. |
seekingalpha.com |
2025-02-12 17:03:03 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital, Inc. Announces Results for the Third Fiscal Quarter Ended December 31, 2024 |
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced results for the third fiscal quarter ended December 31, 2024. THIRD FISCAL QUARTER ENDED DECEMBER 31, 2024 RESULTS Net asset value per share of common stock was $20.52 as of December 31, 2024. Net investment income (“NII”) was $12.5 million, o. |
businesswire.com |
2025-02-12 09:00:00 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital, Inc. Announces First Fiscal Quarter 2026 Common Distributions and Preferred Distributions |
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the first fiscal quarter 2026 (second calendar quarter of 2025). The Company is declaring a monthly distribution of $0.25 per share on its. |
businesswire.com |
2025-02-05 18:27:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Announces Closing of Upsized C$6.3 Million Financing and Welcomes Jonathan Rubenstein to Its Board of Directors |
Company Retains Agentis Capital Mining Partners for Advisory Services Vancouver, British Columbia--(Newsfile Corp. - February 4, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce that is has closed its previously announced non-brokered private placement offering (the "Offering") (see news release dated January 20, 2025) issuing 13,125,000 units of the Company (the "Units") at a price of C$0.48 per Unit for total gross proceeds of C$6,300,000. In addition, SPMC announces the appointment of Jonathan Rubenstein, LLB, to the board of directors of the Company (the "Board"). |
newsfilecorp.com |
2025-02-04 09:30:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Upsizes its Previously Announced $4 Million Non-Brokered Private Placement Offering to $6.3 Million in Response to Investor Interest |
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce that further to its press release of December 11, 2024, the Company has increased the size of its previously announced non-brokered private placement offering (the "Offering"), due to increased investor interest, to up to 13,125,000 units of the Company ("Units") at a price of C$0.48 per Unit for gross proceeds of up to C$6,300,000 (the "Offering"). Each Unit will consist of one (1) common share of the Company ("Share") and one-half (1/2) of one (1) Share purchase warrant, whereby each whole Share purchase warrant ("Warrant") will be exercisable at $0.90 into an additional Share for a period of 24 months from the date of issuance. |
newsfilecorp.com |
2025-01-20 17:05:00 |
Czytaj oryginał (ang.) |
| SPMA: An 8.00% Term Preferred IPO From Sound Point Meridian Capital |
Sound Point Meridian Capital Inc's 8% Series A Term Preferred Shares, SPMA, offer an attractive yield, trading at $24.90 with a Yield to Maturity of 8.35%. SPMA's strong capital structure and significant common distributions buffer ensure preferred shareholders' confidence in financial stability and dividend payments. Despite lacking a credit rating, SPMA's underwriter credit spreads align with established CLO Equity sector companies. |
seekingalpha.com |
2025-01-16 17:59:22 |
Czytaj oryginał (ang.) |
| South Pacific Metals Announces Change of Auditor and Change in Year-End |
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") announces that it has changed its auditor from Smythe LLP (the "Former Auditor") to Davidson & Company LLP (the "Successor Auditor") effective December 10, 2024. In accordance with National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102"), the Company has filed a Notice of Change of Auditor with respect to the resignation of the Former Auditor and the appointment of the Successor Auditor (the "Notice"). |
newsfilecorp.com |
2024-12-20 10:00:00 |
Czytaj oryginał (ang.) |
| SPMC: New CLO Equity CEF Raises Monthly Dividend Again, Now Yields 13% |
Sound Point Meridian Capital Inc., a new closed-end fund investing in CLO Equity, is rated a Buy due to strong performance, high-yield dividends, and solid backing from reputable institutions. The CLO Equity market has historically delivered over 12% annual returns, with positive outlooks for 2025 as interest rates fall and refinancing opportunities increase. SPMC's monthly dividend has increased to $0.24 per share, offering a competitive annual yield of about 13%, supported by a diversified portfolio of 70+ CLOs. |
seekingalpha.com |
2024-12-12 14:02:51 |
Czytaj oryginał (ang.) |
| South Pacific Metals Appoints Alex Davidson to Its Board of Directors and Announces Private Placement Offering |
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce the appointment of Alexander Davidson to the Company's Board of Directors. With over 40 years of experience designing, executing, and managing gold and base metal exploration and acquisition programs globally, Mr. |
newsfilecorp.com |
2024-12-11 10:00:00 |
Czytaj oryginał (ang.) |
| Preferreds Weekly Review: Mortgage REITs See Some Redemptions |
We take a look at the action in preferreds and baby bonds through the second week of November and highlight some of the key themes we are watching. Preferred stocks had a strong week with a 2% total return, supported by a Treasury rally and narrowing credit spreads. Invesco Mortgage Capital is redeeming its floating-rate preferred IVR.PR.B, which will raise equity coverage. |
seekingalpha.com |
2024-11-17 07:55:42 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: Few Opportunities This Tax-Loss Season |
We review the CEF market valuation and performance through the second week of November and highlight recent market action. CEFs had a strong week, with MLPs and Equity-linked sectors leading. Tax-loss season is approaching, but few income sectors are expected to be pressured due to strong market performance this year. |
seekingalpha.com |
2024-11-16 10:30:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Taps K92 Exploration Veteran to Lead Anga and Osena Project Drilling in PNG's Kainantu Gold District |
Highlights: Dean Williamson Joins to Execute Drill Program Mandate - Former K92 exploration operator/manager with extensive experience and knowledge of Kainantu area mineralization and operations; Irinke Prospect Assays - Surface program results have defined a 2 km-wide mineralized NE trending corridor at SW Anga Project, with orientation and strike continuations comparable to K92's Arakompa Discovery and lode-gold drill program, less than 3 km away; Anga and Osena Project Drill Planning Nearing Completion - Additional exploration programs set to kick off at both Anga and Osena / K92 border areas, with a new Anga anomaly discovery at Binano less than 1,500 metres from K92 Mining's Plant Site, an expanded Irinke Prospect, and the recently identified Ontenu Northeast lode-gold target at Osena; and Positioned for Discovery Success - Leveraging a shared 45 km mineralized corridor that runs through both Anga and Osena Projects, the close proximity to K92's active exploration and infrastructure positions projects for near-term discovery and development scenarios. Vancouver, British Columbia--(Newsfile Corp. - November 13, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce Dean Williamson has joined the Company as Exploration Manager in Papua New Guinea. |
newsfilecorp.com |
2024-11-13 10:00:00 |
Czytaj oryginał (ang.) |
| SPMA: New CEF Preferred Equity, 8% Yield |
SPMA represents the ticker for the new Series A preferred shares from Sound Point Meridian Capital. SPMA began trading on November 8, 2024, below the $25 par value, largely due to the underwriting process. Investment banks, having committed to purchasing these securities from SPMC at a discount, are motivated to sell them quickly, creating potential buying opportunities at attractive prices during the initial days. |
seekingalpha.com |
2024-11-10 23:35:00 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital, Inc. Announces 9.1% Increase in First Calendar Quarter 2025 Common Distributions and Declares Preferred Distributions |
NEW YORK--(BUSINESS WIRE)-- #CLOs--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today is pleased to announce the declaration of distributions on shares of the Company's common and preferred stock for the first calendar quarter of 2025 (fiscal fourth quarter 2025). The Company is declaring a monthly distribution of $0.24 per share on its. |
businesswire.com |
2024-11-07 19:27:00 |
Czytaj oryginał (ang.) |
| SPMC: Not The Right Time To Leverage Up, Preferred Shares Look Better |
SPMC predominantly invests in CLO equity tranches, with about 95% of its portfolio consisting of these high-yield but high-risk instruments. The remaining investments include warehouse debt and CLO debt. SPMC has not utilized leverage as of its Q2 2024 financials but has secured a revolving credit facility of $100 million, extendable up to $125 million, at competitive interest rates. SPMC announced a public offering of 8.00% Series A Preferred Shares, resulting in $48.2 million in proceeds. These shares are rated ‘BBB' by Egan-Jones and are expected to trade. |
seekingalpha.com |
2024-11-02 06:50:30 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital Prices Offering of Preferred Shares |
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC) today announced that it has priced an underwritten public offering of 2,000,000 shares of its 8.00% Series A Preferred Shares due 2029 (the “Preferred Shares”) at a public offering price of $25 per share, which will result in net proceeds to the Company of approximately $48.2 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Preferr. |
businesswire.com |
2024-10-31 20:01:00 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital Announces Offering of Series A Preferred Shares |
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (the “Company”) (NYSE: SPMC), an externally managed closed-end fund focused on primarily investing in equity and junior debt tranches of collateralized loan obligations, has commenced an underwritten public offering of its Series A Preferred Shares. Certain financial and other terms of the Series A Preferred Shares are to be determined by negotiations between the Company and the underwriters. The Series A Preferred Shares are rated ‘. |
businesswire.com |
2024-10-30 19:29:00 |
Czytaj oryginał (ang.) |
| Sound Point Meridian Capital, Inc. Schedules Second Fiscal Quarter Ended September 30, 2024 Earnings Release and Conference Call |
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced it plans to release its financial results for its second fiscal quarter ended September 30, 2024 prior to the opening of the stock market on Wednesday, November 13, 2024, and discuss these results in a conference call at 11:00 a.m. ET. All intereste. |
businesswire.com |
2024-10-30 18:15:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Identifies Multiple Copper-Gold Mineralized Districts at May River Project |
Historical Drill Highlights Include:19 m @11.47% Cu, 2.17g/t Au from 13 m Depth at Ufuo Massive Sulfide Prospect109 m at 1.53 g/t Au from Surface at Skygate Cu-Au Porphyry Prospect Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company") is pleased to announce that two significant mineralized districts - the Skygate Cu-Au Porphyry-Epithermal District and the Ufuo Polymetallic Massive Sulfide District - have been identified by the Company following a thorough evaluation data from decades of historical work. Project Highlights: Ufuo Polymetallic Massive Sulfide District: hosts a complex of five massive sulfide bodies, hosted in volcanics with a clear structural control. |
newsfilecorp.com |
2024-10-30 10:00:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Congratulates K92 Mining on Significant Strike Extension at Arakompa and Discovery of Potential Thick High-Grade Zone |
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating across Papua New Guinea, is pleased to extend congratulations to K92 Mining Inc. (TSX: KNT) (OTCQX: KNTNF) ("K92") on its latest drilling results at Arakompa, including reports of a significant strike extension and discovery of a potential thick high-grade zone. K92's maiden drill program at Arakompa is located just 3 km from SPMC's Anga Gold-Copper Project boundary. |
newsfilecorp.com |
2024-10-24 12:00:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Announces Osena Gold-Copper Project Land Package Expansion Bordering K92 Mining Operations in Papua New Guinea |
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating across Papua New Guinea, is pleased to announce the expansion of key Kainantu Gold District holdings by an additional 112 km² at its Osena Gold-Copper Project immediately south of K92. Key Expansion Highlights: Exploration Licence Application 2850 ("ELA 2850") acquired covering 112 km² prospective land, expanding the Osena Gold-Copper Project to the east immediately south of K92 Mining, which operates the Kainantu Gold Mine; NW-SE trending copper-gold mineralized trends may extend onto the new ELA; and Total land package at Osena Project climbs to 738 km², as neighbouring K92 Mining announces significant economic upswing and enhanced Kainantu Gold Mine Integrated Development Plan. |
newsfilecorp.com |
2024-10-23 12:00:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Identifies Multiple New Copper-Gold Targets at the Kili Teke Project |
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating across Papua New Guinea's proven production corridors, is pleased to announce that multiple new Copper-Gold targets have been identified within the Kili Teke Copper-Gold Porphyry Complex. Results from a recently completed targeting exercise using ALS GoldSpot Discoveries Ltd. |
newsfilecorp.com |
2024-10-01 12:00:00 |
Czytaj oryginał (ang.) |
| CEF Weekly Review: CEFs Rally Through First Fed Cut |
We review the CEF market valuation and performance through the third week of September and highlight recent market action. Most CEF sectors rose, led by preferreds and convertibles. The DTF Tax-Free Income 2028 Term Fund Inc. offers a high pull-to-NAV yield and low-risk profile with no leverage. |
seekingalpha.com |
2024-09-29 03:19:30 |
Czytaj oryginał (ang.) |
| SPMC: The 13%-Yielding CLO CEF Makes Its Public Debut |
SPMC, a new CLO Equity CEF, recently launched with a 13% yield. SPMC's unique use of a credit facility for leverage, unlike peers, could pose risks due to strict covenants but offers potential for higher returns. Currently undervalued, SPMC is expected to gain investor interest and higher valuation as its distribution grows, similar to CCIF's trajectory. |
seekingalpha.com |
2024-09-20 13:30:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Announces New OTCQB Marketplace Listing Under SPMEF |
VANCOUVER, BC / ACCESSWIRE / September 10, 2024 / South Pacific Metals Corp. (TSXV:SPMC)(OTCQB:SPMEF)(FSE:6J00) ("SPMC" or the "Company") is pleased to announce its common shares have commenced trading on the OTCQB marketplace under the symbol "SPMEF." "South Pacific is making significant headway with exploration efforts across PNG's Kainantu District, and it's the right time to increase our investor visibility and accessibility to U.S. capital markets," said Michael Murphy, Executive Chairman. |
accesswire.com |
2024-09-10 12:00:00 |
Czytaj oryginał (ang.) |
| South Pacific Metals Reports Exceptional Surface Trenching Results at Osena Gold-Copper Project, Including 8.82g/t Gold Sample at Ontenu Prospect, Kainantu District |
Assays Confirm Mineralization Across Entire 79 m trench, Including 4 m Averaging 4.52g/t Au VANCOUVER, BC / ACCESSWIRE / August 27, 2024 / South Pacific Metals Corp. (TSXV:SPMC)(FSE:6J00) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven production corridors, is pleased to announce initial assay results from its Osena Gold-Copper Project surface exploration program, completed September 2023 at the Ontenu Prospect and surrounding areas. Highlights: Trench 1 returned significant results including a peak trench rock sample value of 8.82 g/t Au, 13.8 g/t Ag, 0.25% Cu, 580 ppm Mo, 0.93% Zn. |
accesswire.com |
2024-08-27 12:00:00 |
Czytaj oryginał (ang.) |