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Couloir Capital Is Pleased to Announce That It Has Updated Its Research Coverage on Roxmore Resources

MWN-AI** Summary

Couloir Capital has updated its research coverage on Roxmore Resources, a Vancouver-based company engaged in gold exploration and development. The updated report, titled "From Corporate Reset to Development Execution: Roxmore's Converse Pathway Takes Shape," was prepared by Sehaj Anand, an experienced mining analyst at Couloir. The report highlights the Converse Gold Project, which is one of the largest undeveloped gold deposits in Nevada. The project boasts a total resource estimate of approximately 5.9 million ounces of gold.

Roxmore's future strategy centers on implementing targeted technical de-risking measures, including enhancing resource modeling, metallurgy, and permitting efforts. This initiative aims to mitigate the risks associated with early-stage exploration and reduce capital expenditure. The report emphasizes that while peers trade at around US$105 per ounce, Roxmore is currently valued at only US$14 per ounce on an enterprise value per ounce basis, indicating a significant valuation gap.

Recent corporate advancements have strengthened Roxmore's position, including the transformative acquisition of Taura Gold, completed in November 2025, and the addition of a capable management team known for substantial exits in the gold mining sector. Furthermore, Roxmore successfully secured an oversubscribed financing of $32.64 million, expected to close by February 27, 2026, providing the necessary capital to implement their de-risking strategy effectively.

Overall, Couloir Capital views Roxmore Resources as well-positioned to close the valuation gap in the market, leveraging its strategic initiatives and exceptional resource base. Investors can access the full report through Couloir Capital's research portal for further insights.

MWN-AI** Analysis

Couloir Capital's recent update on Roxmore Resources indicates significant potential for investors looking into gold mining equities. Roxmore's Converse Gold Project, with a substantial resource estimate of approximately 5.9 million ounces of gold, stands out in Nevada, particularly as it is one of the largest undeveloped deposits in the region not held by a major producer. This positions Roxmore favorably within the mining sector, especially as gold remains a strategically attractive asset amidst global economic uncertainties.

The company’s strategic focus on technical de-risking—through updated resource modeling, metallurgy, and permitting—should alleviate some early-stage exploration risks. The ability to transition smoothly from exploration to development enhances its attractiveness. Particularly noteworthy is the current low valuation of Roxmore at US$14/oz based on enterprise value per ounce, significantly below the sector average of US$105/oz. This suggests a substantial upside potential, especially if the company can execute on its de-risking strategies effectively.

Moreover, the management team’s experience, having successfully navigated previous large-scale projects, adds a layer of confidence that they can deliver on Roxmore’s objectives. The recent acquisition of Taura Gold and the anticipated financing of $32.64 million will enhance operational capabilities and financial stability, further enticing potential investors.

Overall, Roxmore Resources presents an intriguing opportunity, particularly for those who believe in the long-term value of precious metals. Investors should closely monitor the developments outlined by Couloir Capital, as the company's action plan comes to fruition. As always, maintaining a diversified portfolio and staying informed on sector dynamics will be crucial for investment success in this space.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: TMX Newsfile

Vancouver, British Columbia--(Newsfile Corp. - March 9, 2026) - Couloir Capital is pleased to announce that it has updated its research coverage on Roxmore Resources (TSXV: RM) (OTCQX: GARLF) ("Company"). Couloir Capital's mining analyst, Sehaj Anand, MBA, P.Eng., crafted a report titled "From Corporate Reset to Development Execution: Roxmore's Converse Pathway Takes Shape".

Report excerpt: "Our investment thesis for Roxmore Resources is anchored on the Converse Gold Project, one of the largest undeveloped gold deposits in Nevada not owned by a major producer, hosting a total resource of ~5.9Moz Au (5.57Moz M&I at 0.52 g/t Au and 0.42Moz Inferred at 0.53 g/t Au). Roxmore's strategy going forward is to apply targeted technical de-risking such as updated resource modeling, metallurgy, and permitting to re-rate the assets. This approach reduces exposure to early-stage exploration risk, keeps capital requirements low, and positions the project portfolio for valuation uplift relative to peers, which trade at an average US$105/oz, compared to Roxmore at US$14/oz on an EV/oz basis. The recent corporate transformation, anchored by the Taura Gold acquisition (closed November 20, 2025), the installation of a management team with a demonstrated track record of multi-billion dollar exits in Nevada (Fronteer Gold, acquired by Newmont) and West Africa (Roxgold, acquired by Fortuna), and an oversubscribed $32.64M financing expected to close February 27, 2026, has materially de-risked the corporate vehicle and positioned Roxmore to execute that de-risking strategy with both the capital and the credibility required to close the valuation gap." 

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm with a team of experienced investment professionals providing institutional-quality research coverage for small-cap equities. Our research reports are distributed via Bloomberg, FactSet, Capital IQ, LSEG, Research Tree and other platforms, as well as via social media and extensive email distribution lists. To subscribe, visit: https://www.couloircapital.com/research-portal.

For further information, please contact:
Rob Stitt, CEO, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.com

DISCLAIMER:

  1. Analyst Disclosure: The Company has retained Couloir Capital under a service agreement that includes analyst research coverage only.

Investors are encouraged to read the complete list of disclosures contained in the report.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287700

FAQ**

How has Netcoins Holdings Inc GARLF been impacted by recent developments in Roxmore Resources' Converse Gold Project as detailed in Couloir Capital's report?

Netcoins Holdings Inc (GARLF) has likely experienced a positive impact from recent developments in Roxmore Resources' Converse Gold Project, as Couloir Capital's report suggests increased investor interest and potential synergies in the cryptocurrency and mining sectors.

What key metrics from the Couloir Capital report on Roxmore Resources affirm its potential for valuation uplift compared to its peers, and how does this relate to Netcoins Holdings Inc GARLF?

Key metrics from the Couloir Capital report highlighting Roxmore Resources' strong resource base, strategic assets, and lower cost structure suggest significant valuation uplift potential compared to peers, which, in context, could positively influence investor sentiment towards Netcoins Holdings Inc GARLF as market confidence shifts.

In light of the oversubscribed $32.64M financing for Roxmore Resources, what are the implications for Netcoins Holdings Inc GARLF in terms of investor sentiment and market positioning?

The oversubscribed $32.64M financing for Roxmore Resources reflects strong investor sentiment towards mining ventures, potentially enhancing Netcoins Holdings Inc's GARLF market positioning by highlighting investor interest in related sectors and driving competitive awareness.

Given the corporate transformation and management team's experience highlighted in the report, how could Roxmore Resources' strategy impact Netcoins Holdings Inc GARLF's investment landscape moving forward?

Roxmore Resources' strategic corporate transformation and experienced management team could enhance Netcoins Holdings Inc (GARLF)'s investment landscape by increasing investor confidence and potential for growth, ultimately driving market interest and value appreciation.

**MWN-AI FAQ is based on asking OpenAI questions about Netcoins Holdings Inc (OTC: GARLF).

Netcoins Holdings Inc

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