Ascendant Resources Closes Us$15 Million Financing Agreement With Sprott Streaming For Its Lagoa Salgada Project, Portugal
Round Type
Debt Financing
TorontoMiningMining TechnologyDescription
Ascendant Resources Inc. (TSX: ASND, OTCQB: ASDRF) (“Ascendant” or the “Company”) is very pleased to announce it has entered into a US$15 million metals stream agreement (the “Stream Agreement”) with Sprott Private Resource Streaming and Royalty Corp. (“Sprott Streaming”) for its Lagoa Salgada VMS project located close to Lisbon, Portugal (the “Project”).
Quick answer
Ascendant Resources raised an undisclosed amount in a Debt Financing round, dated November 28, 2022. Ascendant Resources is based in Toronto, Ontario, Canada.
- How much did Ascendant Resources raise?
- Ascendant Resources raised an undisclosed amount in a Debt Financing round on November 28, 2022.
- What does Ascendant Resources do?
- Ascendant Resources is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal.
- Where is Ascendant Resources based and how big is it?
- Ascendant Resources is based in Toronto, Ontario, Canada. Fundz records about 22 employees.
- Who are the decision-makers at Ascendant Resources?
- Fundz holds 1 contact at Ascendant Resources. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Mining Technology around the same time
Companies in the same sectors as Ascendant Resources that raised within 45 days of this round, from Fundz verified event records.
- Goldgroup Mining raised $426K (Seed) on January 12, 2023.
- Ascot Resources Ltd raised an undisclosed amount (Funding Round) on December 12, 2022.
- Aftermath Silver raised $108K (Pre-Seed) on November 21, 2022.
- Vizsla Silver Corp raised $7.6M on November 15, 2022.
- Vizsla Silver Corp raised $20M (Funding Round) on November 7, 2022.
- Adventus Mining raised an undisclosed amount (Funding Round) on January 12, 2023.
Who to call at Ascendant Resources, and when
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Related People
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