Latest news with #RobClark
Yahoo
a day ago
- Business
- Yahoo
Provenance Gold Upsizes Private Placement Financing to $2 Million
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2025) - Provenance Gold Corp. (CSE: PAU) (OTCQB: PVGDF) (the "Company" or "Provenance") is pleased to announce that due to strong investor interest the Company is upsizing its previously announced non-brokered private placement. The private placement will now consist of up to 10,000,000 units (each, a "Unit") at a price of $0.20 per unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Issuer (each, a "Share") and one-half-of-one transferable common share purchase warrant (each whole warrant, a "Warrant") with each Warrant entitling the holder thereof to purchase one additional common share (each, a "Warrant Share") at a price of $0.25 for a period of three (3) years. Subject to regulatory approval, the Company anticipates the closing of the placement within the next two weeks. The Company intends to use the net proceeds of the Offering for advancing its Eldorado project in eastern Oregon, with a systematic RC drilling program currently underway in addition to working capital and general corporate purposes. All securities issued in connection with the placement will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. The Company may pay finders' fees to eligible third-parties who have introduced subscribers to the placement. For further information concerning the private placement, readers are encouraged to review the news release issued by the Company on June 23, 2025. About Provenance Gold Corp. Provenance Gold Corp. is a precious metals exploration company with a focus on gold and silver mineralization within North America. The Company currently holds interests in Nevada, and eastern Oregon, USA. For further information please visit the Company's website at or contact Rob Clark at rclark@ On behalf of the Board,Provenance Gold Perttu, Chief Executive Officer Safe Harbor Statement: Neither the Canadian Securities Exchange, nor its regulation services provider, accepts responsibility for the adequacy or accuracy of this press release. This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Otago Daily Times
4 days ago
- Business
- Otago Daily Times
Record numbers of people chasing dwindling number of jobs
File photo - NZ job ads fall 2 percent in May on April, according to Seek NZ's employment report - Adverts were down 8 percent on a year ago - the slowest annual decline in more than two years - Applications per job ad rose 2 percent on April to a record high - Monthly salary growth 0.6 percent, annual rate 2.4 percent Record numbers of people are chasing a dwindling number of jobs, while wage rises are barely keeping pace with inflation, according to Seek. The online employment platform's May monthly report showed a fall in the number of jobs advertised, albeit at the slowest rate in more than two years. Seek country manager Rob Clark said the employment market felt like it was bumping along the bottom of the cycle, and while things were not getting better they were also not getting appreciably worse. "The comfort we can take is that we were seeing quite steady declines and now we're seeing a period of some stable results what most people are looking for are some signs of an improvement, but we're not really seeing any signs of that at the moment." Three regions had a rise in job adverts, with Wellington up 2 percent for the year ended May, its first rise in more than two years, Taranaki volumes rose 6 percent, and Southland up 1 percent, which were partly offset by sizeable falls in Auckland, Otago and Manawatū. Most industries recorded fewer adverts, but healthcare and medical, community services, and consulting had solid rises, while consumer facing industries gave up recent gains, and information and technology had a sharp contraction. Clark said the increase in consulting jobs might point to the use of short-term roles to fill specific gaps without having to hire full-time staff. Salaries edged higher in the three months ended May, but on an annual basis the growth slowed to pre-Covid levels of 2.4 percent, just below the rate of inflation. "When we have what is called a candidate-long market - more candidates than opportunities - then we typically see a slowdown in salary growth and that's exactly what we're seeing," Clark said. "Overall we have a market that remains very subdued, but it's not getting any worse, but it's not getting any better at a rapid rate either."
Scoop
4 days ago
- Business
- Scoop
SEEK Employment Report
According to the latest SEEK NZ Employment Report, job ads fell 2% in May, seasonally adjusted, following two months of growth. Job ads are now 8% lower y/y which is the slowest rate of decline since November 2022, indicating a moderation of the steep declines of the past two years. Applications per job ad have peaked again, rising 2% m/m, making for an extremely high level of competition among candidates for the job ads on offer. There were small pockets of growth in the Public Service and Professional Services sectors in May. Healthcare & Medical and Community Services & Development were the largest industries to record job ad growth in May, rising 3% and 2% respectively m/m. Three regions recorded monthly job ad growth in May: Taranaki (6%), Wellington (2%) and Southland (1%). Wellington is the only one of the larger regions where job ads have grown y/y (2%), the first annual rise in two-and-a-half years. SEEK Country Manager Rob Clark says: 'The trend data tells a clear picture and that is one of flat ad volumes for the past eight months. After close to two years of near uninterrupted decline between 2022 and 2024, this shows that volumes have stabilised and are even beginning to see some pockets of growth. Wellington, which was particularly impacted by falling demand toward the end of 2023 and the beginning of 2024, has recorded broad growth in ad volumes over the past eleven months. It was one of only three regions where job ads rose month-on-month, along with Southland and Taranaki. While the decline in demand for workers has slowed, candidate appetite has not abated in the same way, rising to the highest on record again this month.' *Applications per job ad are recorded with a one-month lag. Data shown in this report refers to April data. SEEK Advertised Salary Index - Quarterly to May 2025 The quarterly SEEK NZ Advertised Salary Index (ASI) measures the growth in advertised salaries for jobs posted on SEEK in New Zealand. This report examines national trends up to the quarter ending May 2025. Advertised salary growth rose by 0.6% q/q in the quarter to May, while annual advertised salary growth slowed to 2.4% y/y in May, with the rate of decline for annual growth slowing. SEEK Country Manager Rob Clark says: 'Annual average advertised salary growth continues to slow, despite faster growth in the most recent quarter. Average annual growth across the Rest of the South Island has picked up in the most recent quarter, likely driven by notable employment growth in Otago which has added a lot of jobs over the past year. Around half of all industries are seeing their average advertised salaries growing faster than inflation, which is good news for job seekers in these industries.'
RNZ News
4 days ago
- Business
- RNZ News
Record numbers of people chasing a dwindling number of jobs
Job ads on Seek have fallen by 2 percent in May on April. (File photo) Photo: 123rf Record numbers of people are chasing a dwindling number of jobs, while wage rises are barely keeping pace with inflation, according to Seek. The online employment platform's May monthly report showed a fall in the number of jobs advertised, albeit at the slowest rate in more than two years. Seek country manager Rob Clark said the employment market felt like it was bumping along the bottom of the cycle, and while things were not getting better they were also not getting appreciably worse. "The comfort we can take is that we were seeing quite steady declines and now we're seeing a period of some stable results what most people are looking for are some signs of an improvement, but we're not really seeing any signs of that at the moment." Three regions had a rise in job adverts, with Wellington up 2 percent for the year ended May, its first rise in more than two years, Taranaki volumes rose 6 percent, and Southland up 1 percent, which were partly offset by sizeable falls in Auckland, Otago and Manawatū. Most industries recorded fewer adverts, but healthcare and medical, community services, and consulting had solid rises, while consumer facing industries gave up recent gains, and information and technology had a sharp contraction. Clark said the increase in consulting jobs might point to the use of short term roles to fill specific gaps without having to hire full time staff. Salaries edged higher in the three months ended May, but on an annual basis the growth slowed to pre-Covid levels of 2.4 percent, just below the rate of inflation. "When we have what is called a candidate-long market - more candidates than opportunities - then we typically see a slowdown in salary growth and that's exactly what we're seeing," Clark said. "Overall we have a market that remains very subdued, but it's not getting any worse, but it's not getting any better at a rapid rate either." Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
RNZ News
5 days ago
- Sport
- RNZ News
Rugby: New look Māori All Blacks prepare for challenges home and away
Kurt Eklund will captain the Māori All Blacks. Photo: Photosport The Māori All Blacks have a new captain and 11 uncapped players for two matches against the Japan XV in Tokyo and Scotland in Whangārei. Hooker Kurt Eklund (Ngāti Kahu) in his first time as Māori All Blacks captain will lead a 29-strong squad that includes new caps, which range from 20-year-old Blues midfielder Xavi Taele, the youngest member of the squad, to 31-year-old Gisborne-born, Taranaki prop Jared Proffit. Head coach Ross Filipo said 32-year-old Aucklander Eklund was the right fit for captain. "This team demands a strong leader with mana, and Kurt has shown that quality and more over a long period of time, for the Māori All Blacks, Auckland, Bay of Plenty and the Blues. He has a lot of experience throughout the squad and that will be a strength for what will be two tough matches." Māori Rugby board member Rob Clark (Waikato, Ngāti Tiipa) said the team and the board had a role in protecting the kaupapa and the identity of Māori rugby. "Māori rugby is the vehicle we use to express our indigenous identity. It holds the health and wellbeing of our people at the forefront, following in the pathways that have been paved before us and those that will follow. This team allows us to express our kaupapa to the world, to inspire all people and protect the taonga that is rugby in Aotearoa." The squad has assembled in Auckland to begin their campaign preparations before leaving for Japan on 25 June. The game againt the Japan XV in Tokyo is on 28 June and Scotland in Whangarei on 5 July. (iwi, province, Super Rugby club) * denotes new cap Props: Benet Kumeroa (Te Atihaunui a Pāpārangi/Bay of Plenty/Chiefs) Jared Proffit* (Ngāti Porou/Taranaki/Chiefs) Pouri Rakete-Stones (Ngāpuhi/Hawke's Bay/Hurricanes) Kershawl Sykes-Martin* (Ngāti Porou/Tasman/Crusaders) Mason Tupaea* (Ngaati Tiipa, Ngaati Amaru/Waikato/Blues) Hookers: Jacob Devery* (Te Aitanga a Mahaki/Hawke's Bay/Hurricanes) Kurt Eklund (Ngāti Kahu/Bay of Plenty/Blues) Locks: Zach Gallagher* (Te Ātiawa/Canterbury/Hurricanes) Laghlan McWhannell (Ngāti Kahungunu/Waikato/Blues) Antonio Shalfoon* (Whakatōhea/Tasman/Crusaders) Isaia Walker-Leawere (Ngāti Porou/Hawke's Bay/Hurricanes) Loose forwards: Nikora Broughton (Ngārauru, Ngāti Ruanui/Bay of Plenty/Highlanders) Jahrome Brown* (Ngāti Porou/Waikato/Chiefs) Caleb Delany (Ngāti Tūwharetoa/Wellington/Hurricanes) Cullen Grace (Ngāti Whakaue/Canterbury/Crusaders) Te Kamaka Howden (Tūhoe/Manawatū/Highlanders) Halfbacks: Kemara Hauiti-Parapara* (Ngāi Tai, Ngāti Porou/Auckland) Sam Nock (Ngāpuhi/Northland/Blues) First five-eighths: Rivez Reihana (Ngāpuhi, Ngāi Tahu, Ngāti Hine/Northland/Crusaders) Kaleb Trask (Ngāpuhi/Bay of Plenty/Chiefs) Midfield: Corey Evans (Te Aupouri, Ngāti Kahu/Northland/Blues) Bailyn Sullivan (Ngāti Kahungunu/Waikato/Hurricanes) Daniel Rona (Te Ātiawa/Taranaki/Chiefs) Xavi Taele* (Ngāi Tahu/Auckland/Blues) Gideon Wrampling* (Ngāpuhi, Ngāti Hine/Waikato/Chiefs) Outside Backs: Cole Forbes (Ngāti Awa/Bay of Plenty/Blues) Jonah Lowe (Ngāti Pikiao/Hawke's Bay/Highlanders) Zarn Sullivan (Ngāti Kahungunu/Hawke's Bay/Blues) Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
