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MoneyHero Group Reports First Quarter 2025 Results
Globenewswire· 2025-06-13 11:00
Adjusted EBITDA loss improved by 49% YoY to US$(3.3) millionImproving revenue mix with high-margin insurance and wealth revenue accounting for 25% of revenue, up 11 pp YoYCost of revenue fell by 55% YoY and accounted for 44% of revenue, down 20 pp SINGAPORE , June 13, 2025 (GLOBE NEWSWIRE) -- MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announc ...
Quantum BioPharma Announces Intention to Declare Special Dividend of Contingent Value Rights (CVRs) Linked to Future Litigation Settlement Proceeds
Globenewswire· 2025-06-13 11:00
TORONTO, June 13, 2025 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) (“Quantum BioPharma” or the “Company”), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, is pleased to announce its intention to declare a special dividend consisting of Contingent Value Rights (the “CVRs”) to be issued on a 1:1 basis to holders of the Company’s Class B Subordinate Voting Shares. Each CVR will entitle the holder to receive a pro ra ...
NexGold Infill Drilling Intersects 25.79 g/t Gold Over 4.5 Metres and 18.09 g/t Gold over 3.0 Metres at the Goldboro Gold Project
Globenewswire· 2025-06-13 11:00
TORONTO, June 13, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Project in Nova Scotia (“Goldboro”). The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and I ...
Biomea Fusion Presents Updated Preliminary Clinical Data for Covalent FLT3 Inhibitor BMF-500 in Relapsed or Refractory Acute Leukemia at EHA 2025
Globenewswire· 2025-06-13 10:45
Core Insights - Biomea Fusion, Inc. announced updated preliminary clinical data from the ongoing Phase I COVALENT-103 trial of BMF-500 in adults with relapsed or refractory acute leukemia, highlighting sustained clinical responses and encouraging survival rates in FLT3-mutant AML patients [1][8] Clinical Activity Observed - Among 27 enrolled patients, 9 of 11 efficacy-evaluable FLT3m patients showed bone marrow blast reduction, with 5 achieving over 50% reduction [7] - One FLT3m patient achieved complete remission with incomplete hematologic recovery (CRi) sustained for 6 cycles, while another achieved a morphologic leukemia-free state (MLFS) [7] - Two of four efficacy-evaluable FLT3 wild-type patients achieved durable disease control for at least 120 days [7] Pharmacokinetics/Pharmacodynamics - BMF-500 demonstrated good compartmental penetration, with bone marrow and plasma concentrations being comparable [7] - The median overall survival (mOS) for all treated FLT3m patients was 3.8 months for Arm A and 3.5 months for Arm B, which is an improvement compared to the historical mOS of 2.1 months for similar patients [7] Ongoing Dose Escalation - Dose escalation is ongoing at 200 mg BID for Arm A and 75 mg BID for Arm B, with no dose-limiting toxicities reported [7][13] - The company plans to conclude the internal development of BMF-500 in oncology and is exploring strategic partnerships to advance the program [8] About BMF-500 - BMF-500 is an investigational, orally bioavailable, covalent small molecule inhibitor of FLT3, designed to be highly potent and selective, with encouraging potential demonstrated in preclinical studies [10]
2025 Heyball Parasport World Championship Opens in Brisbane, Championing Olympic Inclusion
Globenewswire· 2025-06-13 10:31
Core Viewpoint - The 2025 Heyball Parasport World Championship marks a significant milestone in the development of Heyball, showcasing inclusivity and aiming for Olympic inclusion for athletes with disabilities [3][5]. Group 1: Event Overview - The championship features 64 athletes from 17 countries, competing in Women's (combined wheelchair/standing), Men's Wheelchair, and Men's Standing divisions with a total prize pool of $60,000 [3][5]. - The event is the first international top-tier Heyball championship exclusively for athletes with disabilities in the sport's 40-year history [3]. Group 2: Leadership and Recognition - Key figures in attendance included WPA President Ishaun Singh and JOY founder Qiao Yuanxu, who praised the event for its excellence and inclusivity [4]. - The event builds on the success of the 2024 Los Angeles debut, further establishing Heyball's presence in the parasports arena [4]. Group 3: Olympic Inclusion and Vision - The championship addresses a critical gap in Heyball's Olympic inclusion pathway, emphasizing the need for comprehensive event coverage for all groups [5]. - JOY's vision of "JOY Billiards Uniting The World" and the principle "Heyball to Olympics – No One Left Behind" are central to the event's mission [5]. Group 4: Media and Broadcasting - Matches will be streamed globally via platforms such as Douyin (Tiktok), Facebook, and YouTube, allowing a wider audience to engage with the event [5].
Hyperscale Data's Subsidiary, Sentinum, Announces Anticipated Annual Bitcoin Mining Run Rate of Approximately $41 Million
Globenewswire· 2025-06-13 10:30
Core Viewpoint - Hyperscale Data, Inc. anticipates an annual Bitcoin mining run rate of approximately $41 million starting July 2025, based on current Bitcoin prices and operational capacity [1][3]. Group 1: Mining Operations - Sentinum, a wholly owned subsidiary, expects to mine approximately 375.24 Bitcoin per year, translating to a run rate of about $41 million at a Bitcoin price of $108,000 [1]. - The mining operations will utilize a total of 19,200 miners, including 9,100 currently operational in Michigan, 6,800 to be hosted by Montana OP LLC, and 3,300 miners in Montana, with 2,600 expected to be operational by the end of June 2025 [2]. Group 2: Company Strategy and Future Plans - The company is focused on capitalizing on favorable Bitcoin prices and aims to operationalize 10,100 Bitcoin mining machines within the next month [3]. - Hyperscale Data plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, after which it will focus solely on data center operations and may continue Bitcoin mining [6]. Group 3: Financial Structure - The company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders, which will be exchanged for shares of ACG upon the divestiture [7].
NioBay Announces Election of Directors
Globenewswire· 2025-06-13 10:28
Company Overview - NioBay Metals Inc. aims to lead in the development of mines with low carbon consumption and responsible water and wildlife management practices, emphasizing environmental, social responsibility, good governance, and stakeholder inclusion [4] - The company holds a 100% interest in the James Bay Niobium Project in Ontario and a 72.5% interest in the Crevier Niobium and Tantalum project in Québec, with an option to acquire an 80% interest in the Foothills project [4] Annual General Meeting (AGM) Highlights - The AGM was held on June 12, 2025, with shareholders representing over 46% of the total common shares attending [1] - New board members elected include Jean-Sébastien David, Josianne Beaudry, Laurence Farmer, Raymond Legault, Bruno Di Battista, and Serge Savard [2] - PricewaterhouseCoopers, LLP was re-appointed as auditors for the upcoming financial year, and the rolling stock option plan was re-approved [2] Stock Options Grant - Following the AGM, the company approved the grant of 1,215,000 incentive stock options to directors, officers, employees, and consultants [3] - One third of the stock options will vest immediately, while the remaining options are subject to a two-year vesting period, with a seven-year term at an exercise price of $0.06 [3] Industry Context - Niobium is a naturally occurring metal known for its ductility, malleability, and corrosion resistance, enhancing properties in various materials and applications across Mobility, Structural, and Energy sectors [5] - The addition of niobium to materials like steel, glass, and aluminum castings improves efficiency and reduces environmental impacts, thereby increasing their value [5]
Robex remains on track for first gold at Kiniero in Q4 2025
Globenewswire· 2025-06-13 10:28
Core Viewpoint - Robex Resources Inc is progressing well with the Kiniero Gold Project in Guinea, aiming for first gold production in Q4 2025, with construction on schedule and within budget [2][4][13] Construction Progress - Construction activities at Kiniero are on track, with significant milestones achieved, including 95% completion of process plant concrete and 32% completion of power station concrete [4][9] - Structural steel and platework fabrication are at 89% and 90% completion respectively, with multiple shipments of materials in transit [4][9] - The tailings storage facility base preparation is nearing completion, with 625,607m² of the 800,000m² liner placed [4][9] Drilling and Engineering - Phase 1 grade control drilling at the Mansounia pit has seen 55,430 meters drilled and 61,520 samples collected, with plans to start drilling at the Sabali pit [4][8] - All project engineering and detailed design work has been completed, ensuring a smooth construction process [4][8] Equipment and Contracts - All purchase orders for mechanical and electrical equipment have been completed, with 90% of power station materials collected and shipped [4][9] - Contracts for mining and drill and blast services are expected to be signed within the month, with mobilization already commenced [4][17] Future Steps - Upcoming tasks include completing the final two major concrete pours within the process plant and commencing mill installation works on site [12][17] - The company plans to continue with the erection of steelwork within the process plant and initiate overland piping installation [12][17]
Springview Holdings Ltd Achieves bizSAFE Level 4 Certification, Accelerating Growth and Expanding Market Reach
Globenewswire· 2025-06-13 10:15
Singapore, June 13, 2025 (GLOBE NEWSWIRE) -- Springview Holdings Ltd (Nasdaq: SPHL) (“Springview Holdings”, or the “Company”), a leading designer and builder of residential and commercial properties in Singapore, today announced that its indirect wholly owned Singapore operating subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”) has been officially awarded bizSAFE Level 4 certification by the Workplace Safety and Health Council, effective June 9, 2025. This milestone marks a major leap f ...
Bilibili Inc. Announces Completion of the Repurchase Right of Its 1.25% Convertible Senior Notes due 2027
Globenewswire· 2025-06-13 10:00
SHANGHAI, June 13, 2025 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it has completed its previously announced repurchase right relating to its 1.25% Convertible Senior Notes due 2027 (CUSIP No. 090040AD8) (the “Notes”). The repurchase right expired at 5:00 p.m., New York City time, on Thursday, June 12, 2025. Based on information from Deutsche Bank Trust Compa ...