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1911 Gold retracts optimistic economic claims on True North project after regulator review

Market News
02 Jul 2026
PRNewsWire
View Source
Bearish
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1911 Gold Corporation has retracted previous statements about the economic potential of its True North Gold Project following a review by the British Columbia Securities Commission. The company acknowledged that its February release overstated the certainty and economic viability of the project's preliminary economic assessment (PEA), which is only a conceptual study and not a definitive feasibility study. The PEA includes inferred mineral resources considered too speculative to confirm economic viability, and no production decision has been made. 1911 Gold is updating its technical reports and investor materials to comply with regulatory standards and cautions investors against relying on the preliminary results as indicators of future performance.

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Ethereum-based crypto Pepeto nears Binance debut after raising $10.37M in presale, attracting capital from Cardano holders.

Ethereum-based crypto Pepeto nears Binance debut after raising $10.37M in presale, attracting capital from Cardano holders.

Pepeto, a new Ethereum-based cryptocurrency, is about to debut on Binance after raising $10.37 million in its presale, signaling strong investor interest. The project offers a fully built DeFi platform, addressing utility gaps that Cardano has strugg...

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Law firm probes Swatch Group for not refunding tariff-driven price hikes after Supreme Court ruling

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Edelson Lechtzin LLP is investigating whether Swatch Group raised prices on watches and jewelry due to tariffs imposed under the Trump administration and failed to refund customers after the U.S. Supreme Court invalidated those tariffs in February 20...

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Milestone Pharmaceuticals grants 288,000 stock options to new hires as inducement under Nasdaq rules.

Milestone Pharmaceuticals grants 288,000 stock options to new hires as inducement under Nasdaq rules.

Milestone Pharmaceuticals announced it granted 288,000 stock options to six new employees as an inducement to join the company. The options have an exercise price of $1.32 per share, matching the closing price on July 1, 2026, and will vest over four...

Company Fundamentals
Neutral
47 minutes ago
Law firm probes Hermès for not refunding tariff-driven price hikes after Supreme Court ruling

Law firm probes Hermès for not refunding tariff-driven price hikes after Supreme Court ruling

Edelson Lechtzin LLP is investigating Hermès for allegedly raising prices on luxury goods due to tariffs imposed during 2025 and not refunding customers after the U.S. Supreme Court invalidated those tariffs in February 2026. The investigation focuse...

Market News
Bearish
53 minutes ago
Canada commits $500M to support Imperial Metals' Red Chris Block Cave copper-gold project.

Canada commits $500M to support Imperial Metals' Red Chris Block Cave copper-gold project.

The Canadian federal government has pledged $500 million to support the development of the Red Chris Block Cave project, a copper-gold mining operation by Imperial Metals and Newmont Corporation. This funding is part of the Canada-British Columbia Co...

Company Fundamentals
Bullish
3 hours ago
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