Generation Mining Ltd. announces the voting results from its annual meeting of shareholders held earlier today. The five candidates nominated for election to the Company's board of directors and listed in the Company's Management Information Circular dated May 15, 2025, were each elected by a majority of the votes cast by shareholders present in person or represented by proxy at the Meeting. Each director elected will [...]
Generation Mining Ltd. is pleased to announce that it has completed its previously announced private placement of $10 million of units of the Company including the full exercise of the Underwriters' option, for aggregate gross proceeds of approximately $11.5 million . The Offering was conducted by a syndicate of underwriters led by Stifel Nicolaus Canada Inc., and including Haywood Securities Inc. , and consisted of the [...]
Generation Mining Ltd. announced today that it has entered into an agreement with Stifel Nicolaus Canada Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters in connection with a "bought deal" private placement offering of 27,027,027 Units of the Company at a price of C$0.37 per Unit for gross proceeds to the Company of up to C$10,000,000 , with the Units to be issued pursuant to [...]
Generation Mining Ltd. thanks the Province of Ontario for urging the federal government to invest in shovel-ready strategic mineral projects, including our Marathon Copper-Palladium Project , that are critical to building a secure domestic supply chain. In connection with the ongoing dialogue between the Province of Ontario, the Government of Canada, and other provincial and territorial governments, on June 5, 2025 [...]
Generation Mining Ltd. is pleased to announce receipt of a support letter from a leading Canadian financial institution stating its interest to provide up to $200 million in a new long-term credit facility for the Marathon Copper-Palladium Project , which would be in addition to the senior secured project finance facility to be arranged with the mandated senior lenders. Jamie Levy, President and CEO, commented: "This [...]
Generation Mining Ltd. is pleased to announce that it has received the final key permit required for the construction of the Marathon Copper-Palladium Project in Northwestern Ontario. The Environmental Compliance Approval - Industrial Sewage Works has been received from the Ontario Ministry of Environment, Conservation and Parks for the management and discharge of water for the construction phase of the Marathon Project [...]
Generation Mining Ltd. is pleased to announce the appointment of Ms. Rebecca Hudson to the Company's Board of Directors. Ms. Hudson has also been appointed the independent Chair of the Audit Committee. In addition, Mr. Stephen Reford has been appointed as the Company's independent Lead Director. Ms. Hudson and Mr. Reford's appointments fill the vacancies which arose upon the untimely passing of Mr. Paul Murphy at the end [...]
Generation Mining Ltd. has filed a National Instrument 43-101 Technical Report entitled "Marathon Copper-Palladium Project - Feasibility Study Report Update", dated March 28, 2025, with an effective date of November 1, 2024, the results of which were announced by the Company in a news release issued on March 27, 2025. The Technical Report will be available for download on the Company's website at www.genmining.com and [...]
Generation Mining Ltd. is pleased to announce positive results on the updated Feasibility Study for the Marathon Copper-Palladium Project located near the Town of Marathon in Northwestern Ontario. All dollar amounts are in Canadian dollars unless otherwise stated. All references to "Mlbs" are to millions of pounds and "Moz" are to millions of troy ounces and "koz" are to thousands of troy ounces. The 2025 FS incorporates [...]
Generation Mining Ltd. is pleased to advise that it has now received all three outstanding approvals under the Lakes and Rivers Improvement Act from the Ontario Ministry of Natural Resources in respect of infrastructure construction associated with the water management structures for the Marathon Copper-Palladium Project in Northwestern Ontario. Jamie Levy, President and CEO of Generation Mining, commented, "These further [...]
Generation Mining Ltd. is pleased to advise that it has received two additional approvals from the Ministry of the Environment, Conservation and Parks and the Ministry of Natural Resources for the Marathon Copper-Palladium Project in Northwestern Ontario. The Permit to Take Water for the construction phase of the Project was granted by MECP, and one of the four approvals for the Lakes and Rivers Improvement Act permit [...]
Generation Mining Ltd. announces a change in the Company's management team with the departure of Mr. Drew Anwyll, Chief Operating Officer of the Company, effective February 28, 2025. His duties will be assumed by existing members of Gen Mining's technical team. Jamie Levy, President and CEO commented "Drew has been with Generation Mining since March 2020 and played a key role in advancing the Company's Marathon Project [...]
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