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ECB signals faster money printing to keep lid on yields

Section: Daily Dispatches

By Balazs Koranyi and Francesco Canepa
Reuters
Wednesday, March 10, 2021

FRANKFURT, Germany -- The European Central Bank said on Thursday it was ready to accelerate money-printing to keep a lid on euro zone borrowing costs, signalling to sceptical markets it was determined to lay the foundation for a solid economic recovery.

Concerned that a rise in bond yields could derail a recovery across the 19 countries that share the euro, the ECB said it would use its 1.85 trillion Pandemic Emergency Purchase Programme more generously over the coming months to stop any unwarranted rise in debt financing costs. ...

... For the remainder of the report:

https://www.reuters.com/article/us-ecb-policy/ecb-signals-faster-money-p...


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VanGold Mining Closes $16,950,000 Private Placement
Welcomes New Shareholders Eric Sprott and VBS,
and Sees Endeavour Silver Becoming Largest Shareholder


Company Announcement
Wednesday, March 10, 2021

VANCOUVER, British Columbia, Canada -- VanGold Mining Corp. (TSXV:VGLD) has closed its non-brokered private placement of units at a price of $0.30 per unit, announced December 23, 2020, and expanded on January 19, 2021, January 25, 2021, and February 17, 2021.

The Company has issued a total of 56,500,000 units for gross proceeds of $16,950,000 with each Unit consisting of one common share of the company and one half of a common share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the company at a price of $0.45 within three years of closing, subject to acceleration in certain events.

The company thanks the more than 180 subscribers, large and small, who have participated in this private placement. We welcome them to our adventure of potential mineral discovery and production of silver and gold in Guanajuato, Mexico.

VanGold would especially like to acknowledge the investment and backing of Endeavour Silver Corp., VBS Exchange Pty. Ltd., and renowned precious metals investor Eric Sprott. ...

... For the remainder of the announcement:


https://vangoldmining.com/news/2021c/637-anoldloses16950000rivatelacementelcomesew20210310


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