Company Press Releases

Ascendant Announces Additional US$4 Million Funding for Its Lagoa Salgada VMS Project in Portugal

2023-11-15 / @accesswire

Finalizing amendment of existing Stream Agreement with Sprott Streaming for an additional US$4 millionFunding to further Optimize Development of Lagoa SalgadaFocus on Improved Metallurgical Recoveries, Concentrate Qualities and Optimized Mine Plan and Plant SizingTORONTO, ON / ACCESSWIRE / N...Read More

Tender Process Oversubscribed and International Bank Selected to Act as Mandated Lead Arranger for Export Credit Agency Supported Non-recourse Project Financing for Its Lagoa Salgada Project in Portugal

2023-10-18 / @accesswire

Selected Mandated Lead Arranger for Lagoa Salgada Polymetallic VMS Project, PortugalOn-boarding and formal engagement to be completed in coming weeksTORONTO, ON / ACCESSWIRE / October 18, 2023 / Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF)(FRA:2D9) ("Ascendant" or the "Com...Read More

ASCENDANT ANNOUNCES APPOINTMENT OF MR. VAL COETZEE AS DIRECTOR OF PROCESS ENGINEERING

2023-10-16 / @newswire

TSX: ASNDwww.ascendantresources.com Appointment of Highly Experienced Process Engineer to Enhance Technical CapacityExpansion of Technical Services Team To Support Ongoing Development ProgramsTORONTO, Oct. 16, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("...Read More

ASCENDANT RESOURCES ENTERS TENDER PHASE FOR MANDATED LEAD ARRANGER FOR ITS EXPORT CREDIT AGENCY SUPPORTED PROJECT FINANCING AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

2023-09-05 / @newswire

TSX: ASNDwww.ascendantresources.com Lead Project Financing Bank(s) Expected To be Appointed by late SeptemberTORONTO, Sept. 5, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") ") is pleased to announce that it has c...Read More

Ascendant Resources Announces Results of Annual and Special Meeting of Shareholders

2023-08-23 / @newswire

TSX: ASNDwww.ascendantresources.com All matters overwhelmingly approved by shareholdersTORONTO, Aug. 23, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASND) ("Ascendant" or the "Company") is pleased to announce the voting ...Read More

ASCENDANT RESOURCES EARNS 80% INTEREST IN THE LAGOA SALGADA PROJECT IN PORTUGAL AND FILES FEASIBILITY STUDY

2023-08-01 / @newswire

TSX: ASNDwww.ascendantresources.com •  PROJECT OWNERSHIP INCREASED TO 80%•  FEASIBILITY STUDY FILED ON SEDAR+ TORONTO, Aug. 1, 2023 /CNW/ - Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announ...Read More

ASCENDANT RESOURCES ANNOUNCES POST-TAX NPV8 OF US$147 MILLION AND 39% IRR FROM INITIAL FEASIBILITY STUDY AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

2023-07-25 / @newswire

TSX: ASNDwww.ascendantresources.com Completes Requirement for Project Ownership to Increase to 80% Robust economics to drive construction fundingsolid operating basis to drive initial productionOptimization program commenced to further enhance economicsHighlights of the 2023 Definitive Feasib...Read More

ASCENDANT RESOURCES ANNOUNCES DATE OF ANNUAL SHAREHOLDERS' MEETING

2023-07-17 / @newswire

TSX: ASNDwww.ascendantresources.com TORONTO, July 17, 2023 /CNW/ - (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is pleased to announce that an annual and special meeting of the holders of common shares of will be held at 200 Bay Street, Suite 3205, Toron...Read More

ASCENDANT ANNOUNCES POTENTIAL EXPORT CREDIT AGENCY SUPPORT FOR PROJECT FINANCE AT ITS LAGOA SALGADA PROJECT IN PORTUGAL

2023-07-05 / @newswire

TSX: ASNDwww.ascendantresources.com UKEF, the UK Export Credit Agency, selected from group of 4 compliant Expressions of Interest Potentially up to US$190 million in Export Credit Agency ("ECA") support via long term ECA Project Finance to cover up to 70% of pre-production costs plus add...Read More

ASCENDANT PROVIDES UPDATE FOR ITS LAGOA SALGADA PROJECT IN PORTUGAL

2023-06-23 / @newswire

                                                                                    ...Read More

ASCENDANT RESOURCES CONFIRMS SALEABLE GRADE CONCENTRATES ACHIEVED FOR COPPER, LEAD AND ZINC WITH STRONG RECOVERIES AND PRECIOUS METAL CREDITS AT ITS LAGOA SALGADA VMS PROJECT, PORTUGAL

2023-05-02 / @newswire

TSX: ASNDwww.ascendantresources.com •     Optimization Tests Continuing for Final Grade and Recovery Profiles TORONTO, May 2, 2023 /CNW/ - Ascendant Resources Inc. – (TSX: ASND) (OTCQB: ASDRF) (FRA: 2D9) ("Ascendant" or the "Company") is p...Read More

ASCENDANT PROVIDES AN UPDATE FOR ITS LAGOA SALGADA POLYMETALLIC PROJECT IN PORTUGAL

2023-04-17 / @newswire

TSX: ASNDwww.ascendantresources.com  Feasibility study expected in MayFinal Metallurgical Results Expected Shortly Appoints SD Capital Advisory and GKB Ventures (S&G) to Investigate Export Credit Agency Project Finance  TORONTO, April 17, 2023 /CNW/ - Ascendant Resources Inc.&#x...Read More

ASCENDANT PROVIDES AN UPDATE FOR ITS LAGOA SALGADA POLYMETALLIC PROJECT IN PORTUGAL

2023-04-17 / @newswire

TSX: ASNDwww.ascendantresources.com  Feasibility study expected in MayFinal Metallurgical Results Expected Shortly Appoints SD Capital Advisory and GKB Ventures (S&G) to Investigate Export Credit Agency Project Finance  TORONTO, April 17, 2023 /CNW/ - Ascendant Resources Inc.&#x...Read More

Ascendant Resources Strengthens Executive Team

2023-03-14 / @GlobeNewswire

Mr. Michael McAllister appointed Vice President, Investor Relations Mr. Chris MacInnis appointed Director, Geology and Resources TORONTO, March 14, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Compan...Read More

Ascendant Resources Appoints Clinton Swemmer Chief Technical Officer

2023-02-13 / @GlobeNewswire

TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that Mr. Clinton Swemmer has been appointed Chief Technical Officer for the Company. Previously, M...Read More

Ascendant Commences Drilling of Second Larger Step Out Geophysical Anomaly at Lagoa Salgada

2023-02-09 / @GlobeNewswire

Drilling commenced at Anomaly B, a large geophysical anomaly with a potential strike of 1.3km, northwest of the North Zone at Venda NovaDrilling at Anomaly D reaches down-hole depth of 350m with evidence of proximity to sulphide mineralization TORONTO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- A...Read More

Ascendant Resources Announces High Grade Copper Assay Results Supporting High-Grade Copper Corridor at the Venda Nova South Zone

2023-02-02 / @GlobeNewswire

 Program Highlights:   Drilling (true width):   Met_St_04: 10m @ 2.89% CuEq (1.3% Cu) from 286m    ST_27: 9m @ 2.29% CuEq (1.9% Cu) from 568m    ST_30: 10m @ 1.97% CuEq(1.3% Cu) from 423m and    3m @ 3.93%CuEq (2.8%...Read More

Ascendant Resources Engages Leading Decarbonization Consultant to Drive Carbon Neutrality at Lagoa Salgada

2023-01-23 / @GlobeNewswire

Ascendant Resources engages Synergy Enterprises to develop emission reduction strategy at Lagoa SalgadaFirst step towards Carbon Neutrality at Lagoa Salgada TORONTO, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant...Read More

Ascendant Starts Drilling "Anomaly D" Exploration Target With Analogous Signature to North Zone Massive Sulphide Deposit at Lagoa Salgada

2023-01-18 / @GlobeNewswire

Ascendant commences first greenfield exploration drilling since acquiring the Lagoa Salgada option5,000m exploration program targeting two undrilled IP/EM anomalies with the potential for sizeable concentrations of mineralizationDrilling underway at “Anomaly D” a high impact ta...Read More

Ascendant Resources Makes US$2.5 Million Final Payment Under Earn-In Agreement for Lagoa Salgada VMS Project, Portugal

2022-12-14 / @GlobeNewswire

80% ownership to be achieved upon completion of Feasibility Study in Q1 2023 TORONTO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company”) is pleased to announce that it has satisfied all financ...Read More

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