ASA GOLD AND PRECIOUS METALS LIMITED Gold and Precious Metals Limited
Schedule of Investments and Financial Statements
For the Three Months Ended February 29, 2024
(Unaudited)
A Closed-End Fund
Specializing in Gold and Other
Precious Metals Investments
Schedule of Investments (Unaudited)
February 29, 2024
Principal | % of Net | ||||||
Name of Company | Amount | Value | Assets | ||||
Corporate Convertible Bond | |||||||
Gold mining, exploration, development and royalty companies | |||||||
Canada | |||||||
i-80 Gold Corp., 8.00%, 2/22/27 (1) | $3,000,000 | $ | 2,873,700 | 0.9% | |||
Total corporate convertible bond (Cost $2,952,764) | 2,873,700 | 0.9 | |||||
% of Net | |||||||
Name of Company | Shares | Value | Assets | ||||
Common Shares | |||||||
Gold mining, exploration, development and royalty companies | |||||||
Australia | |||||||
Alicanto Minerals, Ltd. (2) | 50,958,971 | 861,206 | 0.3 | ||||
Barton Gold Holdings, Ltd. (2) | 9,500,000 | 1,574,625 | 0.5 | ||||
Bellevue Gold, Ltd. (2) | 2,500,000 | 2,486,249 | 0.8 | ||||
Cygnus Metals, Ltd. (2) | 19,300,000 | 790,335 | 0.2 | ||||
Emerald Resources NL (2) | 15,000,000 | 27,007,492 | 8.7 | ||||
LCL Resources, Ltd. (2) | 36,750,000 | 238,875 | 0.1 | ||||
Perseus Mining, Ltd. | 5,500,000 | 6,274,123 | 2.0 | ||||
Predictive Discovery, Ltd. (2) | 94,183,334 | 11,937,734 | 3.8 | ||||
Prodigy Gold NL (2) | 116,250,000 | 226,687 | 0.1 | ||||
Canada | 51,397,326 | 16.5 | |||||
Agnico Eagle Mines, Ltd. | 165,000 | 7,929,900 | 2.6 | ||||
Alamos Gold, Inc. | 1,000,000 | 11,810,000 | 3.8 | ||||
American Pacific Mining Corp. 144A (2)(3) | 3,000,000 | 486,313 | 0.2 | ||||
Angel Wing Metals, Inc. (2) | 4,650,000 | 428,287 | 0.1 | ||||
Atex Resources, Inc. (2) | 6,700,000 | 5,627,970 | 1.8 | ||||
B2Gold Corp. | 2,000,000 | 4,800,000 | 1.5 | ||||
Barrick Gold Corp. | 650,000 | 9,529,000 | 3.1 | ||||
Desert Gold Ventures, Inc. (2) | 14,588,264 | 698,697 | 0.2 | ||||
G Mining Ventures Corp. (2) | 23,265,947 | 31,714,992 | 10.2 | ||||
G2 Goldfields, Inc. (2) | 3,000,000 | 1,591,571 | 0.5 | ||||
GoGold Resources, Inc. (2) | 2,857,140 | 2,084,198 | 0.7 | ||||
HighGold Mining, Inc. (2) | 3,000,000 | 508,418 | 0.2 | ||||
Karora Resources, Inc. (2) | 3,750,000 | 11,301,256 | 3.6 | ||||
Lahontan Gold Corp. (2) | 14,500,000 | 587,629 | 0.2 | ||||
Liberty Gold Corp. (2) | 12,482,000 | 2,207,332 | 0.7 | ||||
Lotus Gold Corp. 144A (1)(2)(3) | 5,912,500 | 2,178,278 | 0.7 | ||||
Mawson Gold, Ltd. (2) | 10,600,000 | 2,928,932 | 0.9 | ||||
Monarch Mining Corp. (1)(2) | 7,300,000 | 0 | 0.0 | ||||
Newcore Gold, Ltd. (2) | 5,750,000 | 614,339 | 0.2 | ||||
O3 Mining, Inc. (2) | 2,223,000 | 2,276,808 | 0.7 | ||||
Onyx Gold Corp. (2) | 750,000 | 116,052 | 0.0 | ||||
Orla Mining, Ltd. (2) | 6,200,000 | 20,336,000 | 6.5 | ||||
Prime Mining Corp. (2) | 8,100,000 | 12,712,670 | 4.1 | ||||
Probe Gold, Inc. (2) | 7,087,500 | 6,684,596 | 2.2 | ||||
Roscan Gold Corp. (2) | 10,886,900 | 641,751 | 0.2 | ||||
Skeena Resources, Ltd. (2) | 700,000 | 2,562,000 | 0.8 | ||||
STLLR Gold, Inc. (2) | 1,291,080 | 1,141,581 | 0.4 | ||||
Talisker Resources, Ltd. (2) | 2,500,000 | 543,418 | 0.2 | ||||
TDG Gold Corp. (2) | 9,227,925 | 883,933 | 0.3 | ||||
Thesis Gold, Inc. (2) | 13,198,758 | 3,841,513 | 1.2 |
2 | The notes to financial statements form an integral part of these statements. |
Schedule of Investments (Unaudited) (continued)
February 29, 2024
% of Net | ||||||||
Name of Company | Shares | Value | Assets | |||||
Common Shares (continued) | ||||||||
Gold mining, exploration, development and royalty companies (continued) | ||||||||
Canada (continued) | ||||||||
Westhaven Gold Corp. (2) | 5,500,000 | $ | 810,522 | 0.3% | ||||
Cayman Islands | 149,577,956 | 48.1 | ||||||
Endeavour Mining PLC | 700,000 | 11,507,203 | 3.7 | |||||
South Africa | ||||||||
Gold Fields, Ltd. ADR | 600,000 | 7,824,000 | 2.5 | |||||
United Kingdom | ||||||||
Anglogold Ashanti PLC | 275,000 | 5,117,750 | 1.7 | |||||
United States | ||||||||
Perpetua Resources Corp. (2) | 229,983 | 664,651 | 0.2 | |||||
Total gold mining, exploration, development and royalty companies (Cost $176,704,318) | 226,088,886 | 72.7 | ||||||
Diversified metals mining, exploration, development and royalty companies | ||||||||
Australia | ||||||||
Bellavista Resources ltd (2) | 3,772,832 | 257,496 | 0.1 | |||||
Castile Resources, Ltd. (2) | 15,143,255 | 718,547 | 0.2 | |||||
Delta Lithium, Ltd. (2) | 14,578,200 | 3,174,402 | 1.0 | |||||
FireFly Metals, Ltd. (2) | 5,946,716 | 1,894,028 | 0.6 | |||||
Genesis Minerals, Ltd. (2) | 1,166,934 | 1,160,516 | 0.4 | |||||
Geopacific Resources, Ltd. (2) | 28,135,714 | 274,323 | 0.1 | |||||
Canada | 7,479,312 | 2.4 | ||||||
Adventus Mining Corp. (2) | 5,310,000 | 919,464 | 0.3 | |||||
Americas Gold & Silver Corp. (2) | 2,701,028 | 567,099 | 0.2 | |||||
Arizona Metals Corp. (2) | 2,500,000 | 3,242,088 | 1.0 | |||||
Atacama Copper Corp. (2) | 462,966 | 368,422 | 0.1 | |||||
Aya Gold & Silver, Inc. (2) | 2,900,000 | 20,855,469 | 6.7 | |||||
Bunker Hill Mining Corp. (2) | 19,214,957 | 1,345,040 | 0.4 | |||||
Calibre Mining Corp. (2) | 13,938,302 | 15,918,924 | 5.1 | |||||
Emerita Resources Corp. (2) | 2,750,000 | 972,626 | 0.3 | |||||
Huntsman Exploration, Inc. (2) | 617,500 | 11,375 | 0.0 | |||||
Integra Resources Corp. (2) | 3,937,473 | 2,795,606 | 0.9 | |||||
Max Resource Corp. (2) | 8,200,000 | 604,207 | 0.2 | |||||
Pan Global Resources, Inc. (2) | 6,667,000 | 761,438 | 0.3 | |||||
Red Pine Exploration, Inc. (2) | 18,945,090 | 2,442,907 | 0.8 | |||||
Sable Resources, Ltd. (2) | 26,160,000 | 867,406 | 0.3 | |||||
San Cristobal Mining, Inc. 144A (1)(2)(3) | 2,583,332 | 6,200,002 | 2.0 | |||||
United States | 57,872,073 | 18.6 | ||||||
Bendito Resources, Inc. 144A (1)(2)(3) | 4,288,000 | 1,072,000 | 0.3 | |||||
Lithium Africa Resources Corp. 144A (1)(2)(3) | 72,000 | 2,016,000 | 0.7 | |||||
3,088,000 | 1.0 | |||||||
Total diversified metals mining, exploration, development and royalty companies | ||||||||
(Cost $94,702,531) | 68,439,385 | 22.0 | ||||||
Silver mining, exploration, development and royalty companies | ||||||||
Canada | ||||||||
Andean Precious Metals Corp. (2) | 2,000,000 | 972,626 | 0.3 | |||||
Discovery Silver Corp. (2) | 7,154,545 | 3,215,763 | 1.0 | |||||
Silver Mountain Resources, Inc. (2) | 10,000,000 | 589,471 | 0.2 | |||||
Silver Tiger Metals, Inc. (2) | 14,795,333 | 1,580,756 | 0.5 | |||||
South Africa | 6,358,616 | 2.0 | ||||||
Sibanye Stillwater, Ltd. ADR | 273,043 | 1,124,937 | 0.4 | |||||
Total silver mining, exploration, development and royalty companies (Cost $13,652,663) | 7,483,553 | 2.4 | ||||||
Total common shares (Cost $285,059,512) | 302,011,824 | 97.1 |
The notes to financial statements form an integral part of these statements. | 3 |
Schedule of Investments (Unaudited) (continued)
February 29, 2024
% of Net | ||||||||
Name of Company | Shares | Value | Assets | |||||
Rights (1)(2) | ||||||||
Silver mining, exploration, development and royalty companies | ||||||||
Canada | ||||||||
Pan American Silver Corp. (Exp. Date 2/22/29) | 393,200 | $ | 72,755 | 0.0% | ||||
Total rights (Cost $136,720) | 72,755 | 0.0 | ||||||
% of Net | ||||||||
Name of Company | Shares | Value | Assets | |||||
Warrants (1)(2) | ||||||||
Diversified metals mining, exploration, development and royalty companies | ||||||||
Australia | ||||||||
Red Dirt Metals, Ltd. (Exercise Price $0.25, Exp. Date 11/18/24) | 2,834,650 | 184,252 | 0.1 | |||||
Canada | ||||||||
Bunker Hill Mining Corp. (Exercise Price $0.37, Exp. Date 4/1/25) | 5,000,000 | 0 | 0.0 | |||||
Bunker Hill Mining Corp. (Exercise Price $0.60, Exp. Date 2/9/26) | 1,250,000 | 0 | 0.0 | |||||
Calibre Mining Corp. (Exercise Price $2.19, Exp. Date 9/20/24) | 1,032,470 | 30,431 | 0.0 | |||||
Integra Resources Corp. (Exercise Price $1.38, Exp. Date 6/16/24) | 1,689,165 | 0 | 0.0 | |||||
Red Pine Exploration, Inc. (Exercise Price $0.25, Exp. Date 5/5/24) | 8,350,000 | 0 | 0.0 | |||||
30,431 | 0.0 | |||||||
Total diversified metals mining, exploration, development and royalty companies | ||||||||
(Cost $575,290) | 214,683 | 0.1 | ||||||
Gold mining, exploration, development and royalty companies | ||||||||
Canada | ||||||||
Angel Wing Metals, Inc. (Exercise Price $0.80, Exp. Date 6/16/24) | 1,975,000 | 0 | 0.0 | |||||
Angel Wing Metals, Inc. (Exercise Price $0.50, Exp. Date 5/4/25) | 350,000 | 0 | 0.0 | |||||
Atex Resources, Inc. (Exercise Price $1.00, Exp. Date 8/31/25) | 675,000 | 119,368 | 0.0 | |||||
Desert Gold Ventures, Inc. (Exercise Price $0.25, Exp. Date 12/31/24) | 594,132 | 0 | 0.0 | |||||
G Mining Ventures Corp. (Exercise Price $1.90, Exp. Date 9/9/24) | 3,500,000 | 696,312 | 0.2 | |||||
Gold Mountain Mining Corp. (Exercise Price $1.75, Exp. Date 4/21/24) | 2,200,000 | 0 | 0.0 | |||||
Lahontan Gold Corp. (Exercise Price $0.65, Exp. Date 3/24/24) | 2,250,000 | 0 | 0.0 | |||||
Lahontan Gold Corp. (Exercise Price $0.13, Exp. Date 9/1/26) | 4,150,000 | 0 | 0.0 | |||||
Lotus Gold Corp. (Exercise Price $0.75, Exp. Date 8/16/25) | 2,200,000 | 16,211 | 0.0 | |||||
Lotus Gold Corp. (Exercise Price $0.75, Exp. Date 11/27/25) | 506,250 | 3,730 | 0.0 | |||||
Monarch Mining Corp. (Exercise Price $0.95, Exp. Date 4/6/27) | 1,700,000 | 0 | 0.0 | |||||
Prime Mining Corp. (Exercise Price $5.00, Exp. Date 4/27/24) | 400,000 | 0 | 0.0 | |||||
Prime Mining Corp. (Exercise Price $1.10, Exp. Date 6/10/25) | 920,000 | 752,459 | 0.3 | |||||
STLLR Gold, Inc. (Exercise Price $4.91, Exp. Date 5/3/24) | 189,000 | 0 | 0.0 | |||||
Thesis Gold, Inc. (Exercise Price $1.69, Exp. Date 9/28/24) | 576,923 | 0 | 0.0 | |||||
1,588,080 | 0.5 | |||||||
Total gold mining, exploration, development and royalty companies (Cost $1,212,942) | 1,588,080 | 0.5 | ||||||
Total warrants (Cost $1,788,232) | 1,802,763 | 0.6 | ||||||
Money Market Fund | ||||||||
Federated US Treasury Cash Reserve Fund - Institutional Shares, | ||||||||
5.18% (4) | 2,191,804 | 2,191,804 | 0.7 | |||||
Total money market fund (Cost $2,191,804) | 2,191,804 | 0.7 | ||||||
Investments, at value (Cost $292,129,032) | 308,952,846 | 99.3 | ||||||
Cash, receivables and other assets less other liabilities | 2,190,524 | 0.7 | ||||||
Net assets | $ | 311,143,370 | 100.0% | |||||
ADR | American Depositary Receipt | |||||||
PLC | Public Limited Company |
- Security fair valued in accordance with procedures adopted by the Board of Directors. At the period end, the value of these securities amounted to $16,215,498 or 5.2% of net assets.
- Non-incomeproducing security.
- Security exempt from registration under Rule 144A under the Securities Act of 1933. At the period end, the value of these securities amounted to $11,952,593 or 3.9% of net assets.
-
Dividend yield changes daily to reflect current market conditions. Rate was the quoted yield as of February 29,
2024.
4 | The notes to financial statements form an integral part of these statements. |
Schedule of Investments (Unaudited) (continued)
February 29, 2024
Portfolio Statistics (Unaudited)
February 29, 2024
Geographic Breakdown* | ||
Australia | 19.0% | |
Canada | 70.1 | |
Cayman Islands | 3.7 | |
South Africa | 2.9 | |
United Kingdom | 1.7 | |
United States | 1.9 | |
Other assets less other liabilities | 0.7 | |
100.0% |
*Geographic breakdown, which is based on company domiciles, is expressed as a percentage of total net assets including cash.
The notes to financial statements form an integral part of these statements. | 5 |
Statement of Assets and Liabilities (Unaudited)
February 29, 2024
Assets
Investments, at value (Cost $292,129,032) | $ | 308,952,846 |
Cash | 72,888 | |
Foreign currency (Cost $2,080,409) | 2,072,857 | |
Dividends and interest receivable, net of withholding taxes payable | 638,225 | |
Prepaid expenses | 60,003 | |
Total assets | $ | 311,796,819 |
Liabilities | ||
Accrued investment adviser fees | 176,045 | |
Accrued fund service fees | 29,915 | |
Liability for retirement benefits due to retired directors | 325,980 | |
Other expenses | 121,509 | |
Total liabilities | 653,449 | |
Net assets | $ | 311,143,370 |
Common shares $1 par value | ||
Authorized: 40,000,000 shares | ||
Issued and Outstanding: 19,289,905 shares | $ | 19,289,905 |
Share premium (capital surplus) | 1,372,500 | |
Distributable earnings | 290,480,965 | |
Net assets | $ | 311,143,370 |
Net asset value per share | $ | 16.13 |
The closing price of the Company's shares on the New York Stock Exchange was $13.40 on February 29, 2024.
6 | The notes to financial statements form an integral part of these statements. |
Statement of Operations (Unaudited)
For the three months ended February 29, 2024 | ||
Investment income | ||
Dividend income (net of withholding taxes of $59,000) | $ | 509,550 |
Interest income | 49,855 | |
Total investment income | 559,405 | |
Expenses | ||
Investment adviser fees | 571,158 | |
Fund services fees | 46,099 | |
Compliance services fees | 21,621 | |
Transfer agent fees | 18,114 | |
Custodian fees | 33,698 | |
Directors' fees and expenses | 65,520 | |
Retired directors' fees | 20,236 | |
Insurance fees | 28,558 | |
Legal fees | 33,698 | |
Audit fees | 9,464 | |
Shareholder reports and proxy expenses | 11,668 | |
Dues and listing fees | 6,216 | |
Extraordinary expenses (Note 4) | 515,000 | |
Other expenses | 17,992 | |
Total expenses | 1,399,042 | |
Change in retirement benefits due to retired directors | (8,893) | |
Investment adviser fees waived | (3,467) | |
Net expenses | 1,386,682 | |
Net investment loss | (827,277) | |
Net realized and unrealized gain (loss) from investments and foreign currency transactions | ||
Proceeds from sales | 9,874,318 | |
Cost of securities sold | (8,664,891) | |
Net realized gain from investments | 1,209,427 | |
Net realized gain (loss) from foreign currency transactions | ||
Investments | 18,276 | |
Foreign currency | (28,708) | |
Net realized loss from foreign currency transactions | (10,432) | |
Net decrease in unrealized appreciation (depreciation) on investments | ||
Balance, beginning of period | 40,916,351 | |
Balance, end of period | 16,823,814 | |
Net decrease in unrealized appreciation (depreciation) on investments | (24,092,537) | |
Net unrealized loss on translation of assets and liabilities in foreign currency | (48,274) | |
Net realized and unrealized loss from investments and foreign currency transactions | (22,941,816) | |
Net decrease in net assets resulting from operations | $ | (23,769,093) |
The notes to financial statements form an integral part of these statements. | 7 |
Statements of Changes in Net Assets
Three Months | ||||
Ended February | Year Ended | |||
29, 2024 | November 30, | |||
(Unaudited) | 2023 | |||
Net investment loss | $ | (827,277) | $ | (1,080,034) |
Net realized gain | 1,209,427 | 8,962,920 | ||
Net realized gain (loss) from foreign currency transactions | (10,432) | 181,094 | ||
Net increase (decrease) in unrealized appreciation (depreciation) on | ||||
investments | (24,092,537) | 1,661,499 | ||
Net unrealized gain (loss) on translation of assets and liabilities in foreign | ||||
currency | (48,274) | 153 | ||
Net increase (decrease) in net assets resulting from operations | (23,769,093) | 9,725,632 | ||
Dividends paid/payable | - | (385,798) | ||
Net increase (decrease) in net assets | (23,769,093) | 9,339,834 | ||
Net assets, beginning of period | 334,912,463 | 325,572,629 | ||
Net assets, end of period | $ | 311,143,370 | $ | 334,912,463 |
8 | The notes to financial statements form an integral part of these statements. |
Notes to Financial Statements (Unaudited)
Three months ended February 29, 2024
1. Organization
ASA Gold and Precious Metals Limited (the "Company") is a non-diversified,closed-end investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act").
The Company was initially organized as a public limited liability company in the Republic of South Africa in June 1958. On November 11, 2004, the Company's shareholders approved a proposal to move the Company's place of incorporation from the Republic of South Africa to the Commonwealth of Bermuda by reorganizing itself into an exempted limited liability company formed in Bermuda. The Company is registered with the Securities and Exchange Commission (the "SEC") pursuant to an order under Section 7(d) of the 1940 Act.
The Company seeks long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company is managed by Merk Investments LLC (the "Adviser").
2. Summary of significant accounting policies
The following is a summary of the significant accounting policies:
A. Security valuation
The net asset value of the Company generally is determined as of the close of regular trading on the New York Stock Exchange (the "NYSE") on the date for which the valuation is being made (the "Valuation Time"). Portfolio securities listed on U.S. and foreign stock exchanges generally are valued at the last reported sale price as of the Valuation Time on the exchange on which the securities are primarily traded, or the last reported bid price if a sale price is not available.
Pursuant to Rule 2a-5 under the Investment Company Act, the Company's Board of Directors (the "Board") has designated the Adviser, as defined in Note 4, as the Company's valuation designee to perform any fair value determinations for securities and other assets held by the Company. The Adviser is subject to the oversight of the Board and certain reporting and other requirements intended to provide the Board the information needed to oversee the Adviser's fair value determinations. The Adviser is responsible for determining the fair value of investments in accordance with policies and procedures that have been approved by the Board. Under these procedures, the Adviser convenes on a regular and ad hoc basis to review such investments and considers a number of factors, including valuation methodologies and unobservable inputs, when arriving at fair value. The Board has approved the Adviser's fair valuation procedures as a part of the Company's compliance program and will review any changes made to the procedures.
Securities traded over the counter are valued at the last reported sale price or the last reported bid price if a sale price is not available. Securities listed on foreign stock exchanges may be fair valued at a value other than the last reported sale price or last reported bid price based on significant events that have occurred subsequent to the close of the foreign markets. Shares of non-exchange traded open-end mutual funds are valued at net asset value ("NAV"). To value its warrants, the Company's valuation designee typically utilizes the Black-Scholes model using the listed price for the underlying common shares. The valuation is a combination of value of the stock price less the exercise price, plus some value related to the volatility of the stock over the remaining time period prior to expiration.
Securities for which current market quotations are not readily available are valued at their fair value as determined in accordance with procedures approved by the Board. If a security is valued at a "fair value," that value may be different from the last quoted price for the security. Various factors may be reviewed in order to make a good faith determination of a security's fair value. These factors include, but are not limited to, the nature of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion rights on the security; and changes in overall market conditions.
The difference between cost and market value is reflected separately as net unrealized appreciation (depreciation) on investments. The net realized gain or loss from the sale of securities is determined for accounting purposes on the identified cost basis.
B. Fair value measurement
In accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), fair value is defined as the price that the Company would receive to sell an investment or pay to transfer a liability in a timely transaction with an independent buyer in the principal market, or in the absence of a principal market the most advantageous market for the investment or liability. U.S. GAAP establishes a three-tier hierarchy to distinguish between
(1) inputs that reflect the assumptions market participants would use in pricing an asset or liability developed based on
9
Notes to Financial Statements (Unaudited) (continued)
Three months ended February 29, 2024
2. Summary of significant accounting policies (continued)
B. Fair value measurement (continued)
market data obtained from sources independent of the reporting entity (observable inputs) and (2) inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing an asset or liability developed based on the best information available in the circumstances (unobservable inputs) and to establish classification of fair value measurements for disclosure purposes. Various inputs are used in determining the value of the Company's investments. The inputs are summarized in the three broad levels listed below.
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access.
Level 2 - Observable inputs other than quoted prices included in level 1 that are observable for the asset or liability either directly or indirectly. These inputs may include quoted prices for identical instruments on an inactive market, prices for similar investments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.
Level 3 - Unobservable inputs for the assets or liability to the extent that relevant observable inputs are not available, representing the Company's own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based on the best information available.
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used as of February 29, 2024 in valuing the Company's investments at fair value:
Investment in Securities (1)
Measurements at February 29, 2024
Corporate Convertible Bond | Level 1 | Level 2 | Level 3 | Total | |||||||
Gold mining, exploration, development | |||||||||||
and royalty companies | $ | - | $ | - | $ | 2,873,700 | $ | 2,873,700 | |||
Common Shares | |||||||||||
Gold mining, exploration, development | |||||||||||
and royalty companies | 222,668,005 | 1,242,603 | 2,178,278 | 226,088,886 | |||||||
Diversified metals mining, exploration, | |||||||||||
development and royalty companies | 58,893,887 | 257,496 | 9,288,002 | 68,439,385 | |||||||
Silver mining, exploration, development | |||||||||||
and royalty companies | 7,483,553 | - | - | 7,483,553 | |||||||
Rights | |||||||||||
Silver mining, exploration, development | |||||||||||
and royalty companies | - | - | 72,755 | 72,755 | |||||||
Warrants | |||||||||||
Diversified metals mining, exploration, | |||||||||||
development and royalty companies | - | - | 214,683 | 214,683 | |||||||
Gold mining, exploration, development | |||||||||||
and royalty companies | - | - | 1,588,080 | 1,588,080 | |||||||
Money Market Fund | 2,191,804 | - | - | 2,191,804 | |||||||
Total Investments | $ | 291,237,249 | $ | 1,500,099 | $ | 16,215,498 | $ | 308,952,846 | |||
- See schedule of investments for country classifications.
10
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ASA Gold and Precious Metals Limited published this content on 23 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2024 17:33:01 UTC.
