Company Press Releases

Ascendant Resources Announces Closing of Non-Brokered Private Placement

2020-10-05 / @nasdaq

Placement to fund drill program targeted to significantly expand the copper stockwork in the South Zone at Lagoa SalgadaDrilling and geophysics suggests South Zone to be larger than the North Zone NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES...Read More

Ascendant Resources Initiates 2020 Exploration Program Focusing on the Copper-Rich South Zone and Announces Non-Brokered Private Placement

2020-09-17 / @nasdaq

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the...Read More

Ascendant Resources Announces Results of Annual Shareholder's Meeting

2020-09-11 / @nasdaq

TORONTO, Sept. 11, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to announce the voting results of the Company’s 2020 Annual Shareholder’s Meeting (the “Meeting”) held earlier today,...Read More

Ascendant Resources Reports First Quarter 2020 Results

2020-05-13 / @nasdaq

●  Results include the El Mochito Mine which was sold subsequent to quarter end and is shown as a discontinued operation Q1 2020 Highlights: Contained metal production of 28.8 million ZnEq1 lbs, up 23% vs Q1/19ZnEq grade of 7.8%, a 16% improvement over Q1/19Net Revenue fro...Read More

Ascendant Resources Reports Fourth Quarter and Full Year 2019 Results Which Include the Recently Disposed El Mochito Mine

2020-05-05 / @nasdaq

2019 Full Year Highlights Contained metal production of 106.2 million ZnEq1 lbs up 16% from 2018 Cash operating costs of $0.70/ZnEq lb sold, down 11% from 2018Net loss of $8.21 million or loss per share of $0.11 Continued exploration success at Lagoa Salgada provided basis for February 2020...Read More

Ascendant Resources Appoints Rui Santos to its Board of Directors

2020-05-06 / @nasdaq

TORONTO, May 06, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce that Mr. Rui Botica Santos is joining the Company’s Board of Directors. Mr. Santos is a lawyer based in Portugal who is widely reg...Read More

Ascendant Resources Completes Sale of El Mochito Mine

2020-04-27 / @nasdaq

TORONTO, April 27, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") announces today that it has completed the sale of its wholly-owned Honduran subsidiary American Pacific Honduras S.A. de C.V., the 100% owner of the El Mochit...Read More

Ascendant Resources Outlines 2020 Exploration Program at Its Lagoa Salgada Project in Portugal

2020-04-23 / @nasdaq

Drilling contractor on standby to begin extensive drill program to expand and upgrade the Mineral Resources in the prospective copper-rich South Zone and better define North Zone TORONTO, April 23, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant"...Read More

Ascendant Resources to Sell El Mochito Mine

2020-04-20 / @nasdaq

Company to focus on the highly prospective Lagoa Salgada VMS project in PortugalSale to provide cash injection and immediate strengthening of financial positionUpside exposure to El Mochito and zinc prices maintained through royalty TORONTO, April 20, 2020 (GLOBE NEWSWIRE) -- Ascendant Re...Read More

Ascendant Resources to Sell El Mochito Mine

2020-04-17 / @nasdaq

Company to focus on the highly prospective Lagoa Salgada VMS project in PortugalSale to provide cash injection and immediate strengthening of financial positionUpside exposure to El Mochito and zinc prices maintained through royalty TORONTO, April 17, 2020 (GLOBE NEWSWIRE) -- Ascendant Re...Read More

ASCENDANT RESOURCES APPOINTS JOAO BARROS PRESIDENT, ASCENDANT PORTUGAL

2020-04-06 / @nasdaq

TORONTO, April 06, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is very pleased to announce the appointment of Mr. Joao Barros to the position of President, Ascendant Portugal, where he will continue to oversee the explo...Read More

ASCENDANT RESOURCES TO POSTPONE REPORTING FOURTH QUARTER AND FULL YEAR 2019 RESULTS DUE TO DELAYS CAUSED BY COVID-19

2020-03-25 / @nasdaq

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is postponing the reporting of its fourth quarter and full year 2019 results, associated filings, its Annual Information Form, and the conference call sched...Read More

ASCENDANT RESOURCES PROVIDES CORPORATE UPDATE IN LIGHT OF MARKET ACTIVITY

2020-03-11 / @nasdaq

TORONTO, March 11, 2020 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company”) is pleased to provide an update on corporate and operational activities given recent market volatility in both commodity prices and equity valuations. As t...Read More

Ascendant Resources Files Technical Report For The Preliminary Economic Assessment For The Lagoa Salgada Project In Portugal

2020-02-27 / @nasdaq

Maiden PEA outlines a highly profitable project with low LOM cash costs of $0.44/lb ZnEq and AISC of $0.66/lb ZnEqLagoa Salgada has outlined 10.3MT in M&I Resources at 9.1% ZnEq and 2.5MT in Inferred Resources at 5.9% ZnEq in the North Zone only from 60 holes totaling 13,380 metres of dr...Read More

Ascendant Resources Delivers Its 12th Consecutive Quarter of Metal Production Growth at Its El Mochito Mine in Honduras

2020-02-12 / @nasdaq

Fourth Quarter and Full Year 2019 Highlights: Contained annual metal production of 106.2 million ZnEq1 lbs up 16% from 2018 Contained quarterly metal production of 29.4 million ZnEq lbs up 27% from Q4 2018 Highest average quarterly grade for Ascendant achieved at 8.5% ZnEq TORONTO, Feb....Read More

Ascendant Resources Reports Robust Preliminary Economic Assessment for the Lagoa Salgada Project in Portugal

2020-01-14 / @nasdaq

Maiden PEA outlines a highly profitable project with low LOM cash costs of $0.44/lb ZnEq and AISC of $0.66/lb ZnEqLagoa Salgada has outlined 10.3MT in M&I Resources at 9.1% ZnEq and 2.5MT in Inferred Resources at 5.9% ZnEq in the North Zone only from 60 holes totaling 13,380 metres of dr...Read More

Ascendant Resources Provides Corporate Update and Review of Significant Milestones Achieved in 2019

2019-12-19 / @nasdaq

Lagoa Salgada PEA to be released in January 2020El Mochito grade and metal production growth targets achieved, offsetting a rising cost environment TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) ("Ascendant" or the "...Read More

Ascendant Resources Significantly Reduces Costs and Increases Grades in the Third Quarter to Report Lowest Cash Costs at the El Mochito Mine Since the Ascendant Acquisition

2019-11-13 / @nasdaq

(All dollar amounts are in U.S. dollars (“$”) unless otherwise specified) Mine site AISC decreased to $1.09 and Consolidated AISC reported at $1.13Conference call on November 14, 2019, at 10:00am ET to review results Q3 2019 Highlights: 11th consecutive quarter of metal prod...Read More

Ascendant Resources Files Technical Report for the Updated Mineral Resource Estimate at Its Lagoa Salgada VMS Project in Portugal

2019-11-07 / @nasdaq

Increases M&I Resources by 71% to 10.3 million tonnes at 9.1% ZnEq in the North ZoneNew resource follows modest 8,164-metre drill program that provides strong encouragement for Preliminary Economic Assessment due by year-end TORONTO, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Ascendant Resourc...Read More

Ascendant Resources Achieves Its 11th Consecutive Quarter Of Metal Production Growth In Q3 2019 At Its El Mochito Mine In Honduras

2019-10-17 / @nasdaq

Third Quarter 2019 Highlights: 11th consecutive quarter of metal production growth since Ascendant acquisitionContained metal production up 21% to 28.8 million ZnEq1 lbs versus Q3 2018Average grade up 17% to 7.8% ZnEq versus Q3 2018Milled throughput up 4% to 200k tonnes versus Q3 2018 TOR...Read More