$NVRO.V

NVRO Metals Signs Heads of Agreement With Transamine for Proposed Copper Cathode Offtake and Financing Package of up to US$25 Million

NVRO Metals (NVRO.V) entered into a "heads of agreement", with Transamine SA for a proposed copper cathode offtake and financing package of up to US$25 million to support the staged launch of the NVRO Metals Hub in the Northern Territory, Australia, it said on Monday.Under the deal, Transamine would buy the copper cathode production from the NVRO Metals Hub for a limited period of time.The proposed package comprises a prepayment facility of up to US$10 million intended to support refurbishment and launch activities, a revolving working capital facility of up to US$5 million available during commissioning and early production and an optional cobalt and nickel prepayment of up to US$10 million and an associated offtake arrangement which, if agreed, would provide additional funding linked to future by-product production, it said."This arrangement is intended to provide both a pathway to market for copper cathode production and a financing structure aligned with the launch of the NVRO Metals Hub," said NVRO Metals CEO Grant Freeman. "Importantly, the structure is focused on supporting production while preserving flexibility for future copper, cobalt and nickel opportunities, as well as potential government and strategic funding initiatives as the project advances."Shares of the company were last seen up 2.5% at $0.21 on the TSX Venture Exchange.Price: $0.21, Change: $+0.01, Percent Change: +2.44%

NVRO Metals' Unit Intends to Buy Australia's NTR For C$27.9 Million to Establish "NVRO Metals Hub"

NVRO Metals (NVRO.V) announced the proposed acquisition of Northern Territories Resources Pty Ltd. (NTR), an Australian exploration and mining company by NVRO's unit NVRO Metals (Australia) Pty Ltd for C$27.9 million, on Wednesday.Once the deal is completed, NTR's assets will become the "NVRO Metals Hub", a critical minerals production platform utilizing the NVRO Process, located in Australia's Northern Territory, it said. The consideration comprises a specified contribution of C$14.3 million payable within 75 days of execution of the deed of company arrangement in Australia (DOCA), an environmental bond top-up of about C$2.3 million earmarked for the Northern Territory Government's environmental bond requirements, a payment of C$10 million to the secured creditor and about C$1.3 million for transaction costs including stamp duty.In connection with the pending resources statement and Phase 1 development, the clean technology company's strategy is focused on near term production of copper cathode and cobalt/nickel intermediate products by heap leach, solvent extraction and electro winning (SX-EW) and precipitation of cobalt and nickel. Production is expected to start by the fourth quarter of 2027.The company is planning a drilling campaign to obtain samples of both oxide and sulphide orebodies for further testing. The sulphide resource will undergo pilot scale testing through the micro NVRO pilot plant at its Western Australia facility in the second half of 2026, it added."The NVRO Metals Hub provides a pathway to near-term cash flow and production and provides a foundation for sustainable growth," said NVRO Metals Chief Executive Grant Freeman. "We believe the NVRO Metals Hub expands the Company's commercial opportunities and positions us for critical minerals production from sulphide minerals."Shares of NVRO Metals closed up 5.1% to $0.205 on Tuesday on the TSX Venture Exchange.

- -EnviroGold Global Announcing Name Change to NVRO Metals Limited Effective May 28, 2026; Same Trading Symbol

EnviroGold Announcing 99% Exercise Of Warrants Expiring April 30, 2026, Raising $3.56M

EnviroGold Global Advances Greens Creek Project Toward Commercial Validation

EnviroGold Global (NVRO.V) announced Wednesday that the shipment of Hecla Mining Company's Greens Creek tailings arrived in Fremantle, Western Australia, on April 21.The company said tailings will be used for the next phase of process validation and commercial advancement of its proprietary NVRO Process. Validation of the NVRO Process will advance to the Phase 3 micro NVRO pilot plant campaign, operating at about 50 kg per day.It said Phase 3 will be followed by the Phase 4 commercial production demonstration campaign, with a processing capacity of about 300 tonnes per annum. The Phase 3 and Phase 4 campaigns are expected to be completed by late August 2026, subject to third-party laboratory turnaround times."The micro NVRO and commercial scale demonstration campaigns will generate the technical and commercial data required to advance process maturity and support progression to TRL 8, including confirmation of product saleability and commercial pathways," said EnviroGold Chief Executive Grant Freeman. "This program defines a clear pathway to TRL 9 and full commercial deployment, supporting EnviroGold's strategy to deliver an industrial-scale process and advance projects to revenue-generating operations."Shares of the company closed unchanged at $0.175 on Tuesday on the TSX Venture Exchange.

EnviroGold Global Advancing Centralized Hub Model To Reduce Risks, Accelerate Revenue Generation

EnviroGold Global (NVRO.V) said Monday that it is advancing a centralized processing hub model that will use its proprietary NVRO Process to recover precious, base, and critical metals from mine waste and tailings.Under the plan, the company said it can process tailings from multiple projects through shared, partner-operated infrastructure.EnviroGold said this approach reduces the need for standalone processing facilities, improves access to processing capacity for owners of tailings, and enables the aggregation of feedstock across multiple sources.According to EnviroGold, the centralized hub model supports earlier revenue generation and reduces capital requirements and development risks."We believe this model enhances our ability to participate in the growing demand for critical minerals while maintaining a disciplined and scalable approach to deployment," chief executive Grant Freeman said.