HIGHLIGHTS: Pre-tax net present value of $1.747 billion and Internal Rate of Return of 42% and an after-tax NPV of $1.034 billion and IRR of 32% at an 8% discount rate, assuming long-term prices of US$49.59 per kilogram or US$22.50 per pound of molybdenum ; US$8.93 per kg or US$4.06 per lb. of copper and US$300 per metric tonne unit or US$13.60 per lb of tungsten ; and a CAD:US dollar exchange rate of $0.74; 20-year mine [...]
Pre-tax net present value of $1.1 billion, internal rate of return of 46%, an after-tax NPV of $790 million and an IRR of 40% at an 8% discount rate and assuming a long-term molybdenum price of US$49.73 per kg; 10-year mine life based on 75,000 tonnes of mill throughput per day or 27.3 million tonnes per-year; Initial capital cost of $550.9 million including $83.7 million of contingency; Annual average production of 9.3 [...]
Moon River Moly is pleased to provide an update on recent corporate activities and ongoing technical evaluations at its 100%-controlled Davidson Molybdenum Project and its 25%-owned Endako Mine that is currently on care and maintenance. Over the past several months, the Company has advanced metallurgical, engineering, and ore particle-sorting assessments at both assets. These efforts are expected to culminate in the [...]
Moon River Moly Ltd. announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group to provide market-making services in accordance with TSX Venture Exchange TSXV, CSE, and Cboe Canada policies. ITG will trade shares of the Company on the CSE/ Cboe Canada/ TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the [...]
Moon River Moly Ltd. is pleased to announce that the initial results from a recently completed study by ore sorting supplier Ganzhou HPY Technology Co. Ltd. , indicated that the mineralized material at the Endako Mine Complex in central British Columbia may be amenable to ore particle sorting and the incorporation of ore sorting could significantly improve the overall feed grade to the processing plant. Moon River is the [...]
Moon River Moly Ltd. announces that, as a result of a review of the Davidson Project Preliminary Economic Assessment Technical Report dated April 2, 2024 by staff of the Ontario Securities Commission , the Company is issuing the following news release regarding disclosure on its Davidson Project. In connection with the Review, the Company has filed an amended technical report entitled the Revised Davidson Project [...]
Moon River Moly Ltd. The Company announces that it has granted stock options entitling the holders to acquire up to an aggregate of 135,000 common shares; including stock options granted to a director of the Company to acquire 100,000 common shares at a price of $0.41 per share until May 2, 2035, and stock options granted to a non-executive employee, to acquire 35,000 common shares, also at a price of $0.41 per share [...]
Moon River Moly Ltd. is pleased to announce the Company is pleased to announce that it has entered into an agreement on March 3, 2025 with Renmark Financial Communications Inc. to handle its investor relations activities. "We are pleased to announce that we have selected Renmark to reinforce Moon River's profile in the financial community and enhance the visibility of our company. We chose Renmark because of its track [...]
Moon River Moly Ltd. is pleased to announce the Company is now trading on the OTCQB in the United States under the symbol MRIVF. "We are pleased to begin trading on the OTCQB as part of our strategy to make Moon River shares more accessible to retail and institutional investors in the U.S. market. The goals of this commencement of trading through the OTCQB market are to allow access and liquidity to both U.S. and [...]
Moon River Moly Ltd. is pleased to review 2024 and provide an outlook for 2025. "As the year comes to a close, we would like to take this opportunity to summarize our progress and achievements in 2024 and communicate our goals for 2025. We are pleased with the progress the Company has made this year in advancing our flagship Davidson Project and completing the acquisition of a 25% interest in the Endako Mine Complex [...]
Moon River Moly Ltd. is pleased to announce, that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was [...]
Moon River Moly Ltd. is pleased to announce, further to its press release of March 8, 2024, that it has agreed to extend the engagement of TB Investors Relations . TBIR will continue to assist the Company with its communications and marketing initiatives including press releases, conference logistics, social media management, among others. The agreement will be extended as of September 7, 2024 and will continue on a [...]