Research from Atrium Research, Atrium Research Corporation

Atrium Research

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Equity Bottom-Up

<ul>
<li>This morning, A2Gold announced preliminary results and the identification of several high-priority drill targets from its property-wide geophysical program at the 100% owned Eastside Project, Nevada.</li>
<li>A2 closed a $10.5M financing, led by Kinross and including Eric Sprott, leaving AUAU cashed up with ~$13M to aggressively advance exploration.</li>
<li> We are increasing our target price from $1.20/share to $1.70/share.</li>
</ul>


This morning, A2Gold announced preliminary results and the identification of several high-priority drill targets from its property-wide geophysical program at the 100% owned Eastside Project, Nevada.
A2 closed a $10.5M financing, led by Kinross and including Eric Sprott, leaving AUAU cashed up with ~$13M to aggressively advance exploration.
 We are increasing our target price from $1.20/share to $1.70/share.


AUAU: Geophysics Defines Drill Targets; Increasing Target Price

<ul>
<li>Allegiant launched a fully funded 2,000m drill program within the McIntosh zone; the first phase of a 20,000m campaign at Eastside.</li>
<li>Results from the ongoing drill program are expected in October and November, as we anticipate a news-heavy fall and winter.</li>
<li>The recent $10.5M financing, led by Kinross and including Eric Sprott, leaves AUAU cashed up with $14M to aggressively advance exploration.</li>
</ul>


Allegiant launched a fully funded 2,000m drill program within the McIntosh zone; the first phase of a 20,000m campaign at Eastside.
Results from the ongoing drill program are expected in October and November, as we anticipate a news-heavy fall and winter.
The recent $10.5M financing, led by Kinross and including Eric Sprott, leaves AUAU cashed up with $14M to aggressively advance exploration.


AUAU: Name Change, $10.5M Raised, & Exploration Commences

<ul>
<li>The Castle Project was approved for a multi-year exploration program, clearing the path for 145+ drill pads and large-scale work.</li>
<li>Allegiant consolidated full ownership of the Bolo Project by acquiring the remaining 49.99% interest from CopAur Minerals.</li>
<li>The Company is expected to close on a $10.5M upsized financing shortly, supporting an 18,000m drill program at Eastside.</li>
</ul>


The Castle Project was approved for a multi-year exploration program, clearing the path for 145+ drill pads and large-scale work.
Allegiant consolidated full ownership of the Bolo Project by acquiring the remaining 49.99% interest from CopAur Minerals.
The Company is expected to close on a $10.5M upsized financing shortly, supporting an 18,000m drill program at Eastside.


AUAU: Castle BLM Approval & Bolo Consolidation; Increasing TP

<ul>
<li>Allegiant Gold closed a fully subscribed non-brokered private placement, raising $3.5M to support exploration at its flagship Eastside Project.</li>
<li>With the new influx of cash, the Company excitingly has increased its planned drill program at Eastside from 2,000-3,000m to over 7,000m.</li>
<li>AUAU also completed a 2-for-1 share consolidation, reducing its outstanding share count from ~106.1M to ~53.0M, as of June 2nd.</li>
</ul>


Allegiant Gold closed a fully subscribed non-brokered private placement, raising $3.5M to support exploration at its flagship Eastside Project.
With the new influx of cash, the Company excitingly has increased its planned drill program at Eastside from 2,000-3,000m to over 7,000m.
AUAU also completed a 2-for-1 share consolidation, reducing its outstanding share count from ~106.1M to ~53.0M, as of June 2nd.


AUAU: Private Placement Supports Upcoming Drill Program

<ul>
<li>Allegiant announced that it has signed a definitive agreement with CopAur Minerals Inc. to spin out the Bolo Project into a new company.</li>
<li>AUAU plans to drill the High-Grade Zone at the McIntosh Zone (within its flagship Eastside Property) by way of a 2,000-3,000m diamond drill program.</li>
<li>2021 highlights in this area include 39 g/t Au over 3m &amp; 2.6 g/t Au over 148m.</li>
</ul>


Allegiant announced that it has signed a definitive agreement with CopAur Minerals Inc. to spin out the Bolo Project into a new company.
AUAU plans to drill the High-Grade Zone at the McIntosh Zone (within its flagship Eastside Property) by way of a 2,000-3,000m diamond drill program.
2021 highlights in this area include 39 g/t Au over 3m &amp; 2.6 g/t Au over 148m.


AUAU: Spinning out Bolo & Planning Deep Drilling at McIntosh

Canada

Allegiant Gold Ltd. provides mining services. The Company offers gold and silver mining services. Allegiant Gold develops its projects in the United States

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Allegiant Gold (AUAU CN)

AUAU: Geophysics Defines Drill Targets; Increasing Target Price

A2 closed a $10.5M financing, led by Kinross and including Eric Sprott, leaving AUAU cashed up with ~$13M to aggressively advance exploration.

Atrium Research

AUAU: Name Change, $10.5M Raised, & Exploration Commences

Allegiant launched a fully funded 2,000m drill program within the McIntosh zone; the first phase of a 20,000m campaign at Eastside.

Atrium Research

AUAU: Castle BLM Approval & Bolo Consolidation; Increasing TP

The Castle Project was approved for a multi-year exploration program, clearing the path for 145+ drill pads and large-scale work.

Atrium Research

AUAU: Private Placement Supports Upcoming Drill Program

Allegiant Gold closed a fully subscribed non-brokered private placement, raising $3.5M to support exploration at its flagship Eastside Project.

Atrium Research

AUAU: Spinning out Bolo & Planning Deep Drilling at McIntosh

Allegiant announced that it has signed a definitive agreement with CopAur Minerals Inc. to spin out the Bolo Project into a new company. AUAU...

Atrium Research

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