PGM ETF

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Drilling at the Company's Saturday Night PGM Project commences this week. Transition Metals to attend both the Vancouver Resource Investment Conference (VRIC), and the AME Roundup Conference (Roundup).

New magmatic sulphide targets outlined by Transition at Saturday Night Project approved for matching grant funding up to $200,000 under the Ontario Junior Exploration Program (OJEP) Company mobilizing drill to recommence drilling on the project in the New Year Sudbury, Ontario--(Newsfile Corp. - January 2, 2025) - Transition Metals Corp. (TSXV: XTM) ("Transition", the "Company"), is pleased to announce that is has been given notice that it is eligible to receive matching grant funding up to $200,000 to resume drilling at its Saturday Night PGM discovery (the "Property") located near Thunder Bay Ontario. In 2016, a single hole was drilled on the Property to test a prospective magnetic target located 16 km to the west of the Company's Sunday Lake discovery.

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Despite lower PGM prices, Impala remains profitable with $533 million EBITDA and $86 million operating income FY24. FY24 results show a 21% YoY increase in 6E production and stable unit costs, highlighting operational efficiency across all segments. Impala has the best balance sheet in its peer group, with 3.5% Total Debt/Equity and 27.3% Total Liabilities/Total Assets.

Sibanye Stillwater's 1H24 results show increased PGM production but lower prices and higher costs, leading to a 53% drop in adjusted EBITDA. Sibanye has improved its debt profile with new credit facilities and a gold prepayment deal, ensuring financial stability amid market challenges. The political shift in South Africa and ongoing PGM demand support a positive outlook, making SBSW a speculative yet promising investment.

Highlights Successful infill drilling campaign targeted PGM Zones at Crawford with 45 holes intersecting drill intervals of > 1g/t palladium + platinum Results include: 2.19 g/t palladium + platinum over core length of 76.5 metres in Crawford Main Zone including 3.90 g/t over core length of 13.5 metres 1.15 g/t palladium + platinum over 38.5 metres in Crawford East Zone including 2.94 g/t over core length of 4.5 metres PGM results will be included in development of a Crawford PGM Zone resource estimate and incorporated into the Crawford nickel mine plan TORONTO , July 31, 2024 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today announced additional results from its drilling program targeting the PGM zones that occur along the Crawford Main and East Zone boundaries and within the existing mine plan outlined in the Crawford Nickel Project feasibility study. Mark Selby, CEO of Canada Nickel, said, "We are very pleased with the drilling results of the PGM Zones for both the Crawford Main & East Zones, which occur within the existing feasibility study mine plan for Crawford.

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