PGX ETF

VANCOUVER, British Columbia, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV: PGX) announces that it has closed the second tranche of a private placement financing of common shares in the capital of the Company that qualify as “flow-through shares” for the purposes of the Income Tax Act (Canada) (each, a “FT Share”). The second tranche of the financing consisted of 1,818,182 FT Shares at a price of $0.11 per FT Share, for gross proceeds to the Company of $200,000 (the “Second Tranche”).

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV: PGX) announces that it has closed the first tranche of a private placement financing of common shares in the capital of the Company that qualify as “flow-through shares” for the purposes of the Income Tax Act (Canada) (each, a “FT Share”). The first tranche of the financing consisted of 4,544,727 FT Shares at a price of $0.11 per FT Share, for gross proceeds to the Company of $499,920 (the “First Tranche”).

UTRECHT, The Netherlands, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Stichting Depositary Plethora Precious Metals Fund (“Plethora”) announces that its holdings of Prosper Gold Corp. (the “Company”) have increased to more than 10% of the issued and outstanding shares of the Company, due to an acquisition of 1,500,000 common shares and 1,500,000 common share purchase warrants of the Company acquired by Plethora pursuant to private placement of units closed October 10, 2024 (the “Event”).

VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) announces that it has closed its non-brokered private placement financing (the “Financing”) of units (each, a “Unit”).

Preferred stock ETFs may be a compelling opportunity for income investors. The Invesco Preferred ETF (PGX) is designed for investors looking for both income and capital appreciation.

VANCOUVER, British Columbia, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Prosper Gold Corp. ("Prosper Gold" or the "Company") (TSXV:PGX) is pleased to announce the appointment of Colin Burge as an Adviser to the Company effective immediately.

VANCOUVER, British Columbia, May 20, 2024 (GLOBE NEWSWIRE) -- Prosper Gold Corp. (“Prosper Gold” or the “Company”) (TSXV:PGX) is pleased to report on the status of its option to acquire a 100% interest in the Kaza and Northstar properties (the “Option”), pursuant to a definitive option agreement (the “Option Agreement”) with several individuals (collectively, the “Optionors”), as previously announced on February 20, 2024 (the “Initial Press Release”). The Company received conditional approval of the transaction contemplated by the Option Agreement (the “Transaction”) from the TSX Venture Exchange (the “TSXV”) on March 8, 2024, which requires the Company to provide an update on the status of the Transaction 90 days following the Initial Press Release.

The Invesco Preferred ETF contains preferred shares primarily issued by financial companies and behaves similarly to long-duration junior bonds. We think that short-term news that pushes out rate cuts could weigh on performance. We also continue to worry about deglobalisation, whose effects crop up in new ways to create inflationary long-term pressures that matter for PGX constituents.

Invesco Preferred ETF is popular with income-oriented investors due to its 6.5% yield, but it may not be ideal for long-term cash parking. The fund holds preferred stocks from big banks and other income-generating names, many of which are trading at a discount to their par value. PGX's high expense ratio eats into its dividend payments, leading to annual dividend cuts and a drop in income over time.