Northwire Canada EditionTuesday, November 3, 2026
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Gold 3,940.10 −0.7% Silver 49.79 −2.2% Copper 6.40 −2.6% Oil 96.04 −0.4% Palladium 932.00 −3.8% CTN 0.045 + EQTY 0.090 +5.9% MON 0.395 +0.0% GAL 0.350 +1.4% MUR 0.160 +0.0% BARU 0.040 +0.0% GGO 1.02 +1.0% DNG 5.30 +0.8% VCU 0.770 +0.0% NVX 0.950 +4.4% LOD 0.200 −9.1% OBUL 0.400 +5.3% VMXX 0.390 +6.8% TGOL 0.130 +0.0% WINS 0.075 +0.0% EAU 0.045 +0.0% Gold 3,940.10 −0.7% Silver 49.79 −2.2% Copper 6.40 −2.6% Oil 96.04 −0.4% Palladium 932.00 −3.8% CTN 0.045 + EQTY 0.090 +5.9% MON 0.395 +0.0% GAL 0.350 +1.4% MUR 0.160 +0.0% BARU 0.040 +0.0% GGO 1.02 +1.0% DNG 5.30 +0.8% VCU 0.770 +0.0% NVX 0.950 +4.4% LOD 0.200 −9.1% OBUL 0.400 +5.3% VMXX 0.390 +6.8% TGOL 0.130 +0.0% WINS 0.075 +0.0% EAU 0.045 +0.0%
Financings

Leocor Mining Inc. Announces Exercise of Intrepid Metals Corp. Warrants

By The Northwire Desk — AI Analysis Apr 02, 2026 · 17:15 LECR · 0.075 Leocor Mining Inc.
LECR · Price

Executive Summary

  • Leocor Mining exercised 8,823,529 Intrepid Metals warrants acquired in a Jan 4 2024 private placement.
  • The exercise doubled Leocor’s stake in Intrepid from ~8.2% to ~15.1%, resulting in ownership of 17,647,058 Intrepid common shares and no remaining warrants.
  • Leocor indicates the holdings are for strategic investment purposes and may be bought or sold in the future depending on market conditions.

Key Details

  • Warrant Exercise: 8,823,529 Intrepid Metals warrants were exercised by Leocor Mining.
  • Pre‑exercise Position: 8,823,529 Intrepid common shares (≈8.17% of outstanding shares) and the same number of warrants.
  • Post‑exercise Position: 17,647,058 Intrepid common shares (≈15.09% of outstanding shares); all warrants and convertible securities are now extinguished.
  • Acquisition Background: Warrants were obtained as part of a strategic investment in a private placement of units and special warrants on January 4 2024.
  • Strategic Intent: Leocor states the Intrepid stake is held for investment purposes, with potential future acquisition or disposition subject to market conditions.
  • Regulatory Filing: An early‑warning report related to this investment will be filed on SEDAR+ and made available to the public.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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