Latest news with #AdamLundin
Cision Canada
17 hours ago
- Business
- Cision Canada
NGEx Announces Voting Results from Annual General Meeting
VANCOUVER, BC, June 19, 2025 /CNW/ - NGEx Minerals Ltd. ("NGEx" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce the voting results from the Annual General Meeting of the Company held on Thursday, June 19, 2025 (the " Meeting"). PDF version A total of 130,560,014 common shares were voted at the Meeting, representing 63.06% of the issued and outstanding common shares of the Company at the record date May 8, 2025. Shareholders voted in favor of each of the following items of business at the Meeting: View PDF Election of Directors % Votes For % Votes Against William Rand 99.71 0.29 Adam Lundin 99.03 0.97 Wojtek Wodzicki 99.89 0.11 Cheri Pedersen 91.93 8.07 Neil O'Brien 92.89 7.11 Alessandro Bitelli 92.89 7.11 Erin Johnston 95.63 4.37 Joyce Ngo 100 0 Appointment of Auditors % Votes For % Votes Withheld PricewaterhouseCoopers LLP 100 0 Detailed voting results for the Meeting are available on SEDAR+ at About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada, focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina, and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 30% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 70% stake in Caserones. The Company's common shares are listed on the TSX under the symbol "NGEX" and also trade on the OTCQX under the symbol "NGXXF". NGEx is part of the Lundin Group of Companies. Additional information relating to NGEx may be obtained or viewed on SEDAR+ at Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Yahoo
01-04-2025
- Business
- Yahoo
Lundin Mining President Acquires 5.1% More Stock
Investors who take an interest in Lundin Mining Corporation (TSE:LUN) should definitely note that the President, Jack O. Lundin, recently paid CA$12.13 per share to buy CA$485k worth of the stock. Although the purchase only increased their holding by 5.1%, it is still a solid purchase in our view. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Over the last year, we can see that the biggest insider purchase was by Chairman of the Board Adam Lundin for CA$24m worth of shares, at about CA$12.22 per share. That means that even when the share price was higher than CA$11.66 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Happily, we note that in the last year insiders paid CA$40m for 3.24m shares. But insiders sold 1.11k shares worth CA$15k. In total, Lundin Mining insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! Check out our latest analysis for Lundin Mining Lundin Mining is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 0.7% of Lundin Mining shares, worth about CA$67m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Given that insiders also own a fair bit of Lundin Mining we think they are probably pretty confident of a bright future. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Lundin Mining. In terms of investment risks, we've identified 3 warning signs with Lundin Mining and understanding them should be part of your investment process. Of course Lundin Mining may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
