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HIVE Digital Technologies Announces the Acquisition of 7.2 MW Toronto Data Center for Future BUZZ HPC and Sovereign AI Development
Newsfile· 2025-06-23 05:28
Core Viewpoint - HIVE Digital Technologies Ltd. has signed a purchase and sale agreement to acquire a facility in Toronto, Canada, with a total installed capacity of approximately 7.2 megawatts, aimed at enhancing its high-performance computing infrastructure and supporting the development of a sovereign Canadian AI ecosystem [3][4]. Company Developments - The acquisition will enable BUZZ High Performance Computing Inc. to deploy advanced liquid-cooled compute infrastructure for AI workloads, including large-scale training and cloud services for Canadian enterprises and government initiatives [4][5]. - This facility is positioned in Toronto, recognized as Canada's largest tech hub, which is crucial for higher education, AI research, and fiber optic connectivity [5][6]. - The Toronto data center will serve as a foundational pillar for HIVE's long-term vision of building next-generation compute infrastructure in Canada [5][6]. Strategic Importance - The acquisition is part of HIVE's strategy to lead in the digital infrastructure evolution in Canada, ensuring data residency, security, and innovation leadership [5][6]. - HIVE aims to contribute to the development and hosting of Canadian data, AI models, and intellectual property on Canadian soil, amidst a competitive landscape for sovereign data centers [5][6]. Sustainability Commitment - HIVE is committed to sustainable digital infrastructure, with plans to integrate green energy sources into its operations [6][7]. - The facility will be upgraded to Tier 3 standards, allowing it to operate a GPU cloud of up to 5,000 next-generation GPUs for AI compute [7][9]. Leadership and Vision - The leadership of BUZZ HPC, under Craig Tavares, is focused on accelerating HIVE's vision to become a leader in Canada's high-performance computing data center industry [7][9]. - HIVE's commitment to operational excellence and green energy leadership is emphasized as it continues to scale its operations [9].
Eric Sprott Announces Holdings in Discovery Silver Corp.
Newsfile· 2025-06-20 22:08
Summary of Key Points Core Viewpoint - Eric Sprott's corporation, 2176423 Ontario Ltd., sold 19,200,200 common shares of Discovery Silver Corp., representing approximately 2.4% of the outstanding shares, at an average price of $3.26 per share for a total of $62,656,013 [1]. Company Holdings - Prior to the sale, Mr. Sprott owned 121,843,998 shares, which was about 15.2% of the outstanding shares. After the sale, his holdings decreased to 102,643,798 shares, representing approximately 12.8% of the outstanding shares [2]. - The sale resulted in a decrease in holdings of approximately 2.5% on a partially diluted basis since the last early warning report [2]. Investment Intentions - The securities are held for investment purposes, and Mr. Sprott maintains a long-term view on the investment. He may acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3].
Morguard Corporation (MRC) Closes the Market
Newsfile· 2025-06-20 21:00
Toronto, Ontario--(Newsfile Corp. - June 20, 2025) - Angela Sahi, President and Chief Operating Officer, Morguard Corporation ("Morguard" or the "Company") (TSX: MRC), and her team, joined Dani Lipkin, Managing Director, Global Innovation Sector, Toronto Stock Exchange ("TSX"), to close the market and celebrate the Company's 60+ years listing anniversary on TSX – originally as Acklands Limited, renamed Morguard Corporation in 2002 – and 50-year anniversary of Morguard Investments Limited.Cannot view this v ...
Defiance Silver Corp. Announces Closing of Brokered LIFE Offering and Concurrent Non-Brokered Offering for Total Gross Proceeds of C$16.5 Million
Newsfile· 2025-06-20 18:10
Core Viewpoint - Defiance Silver Corp. successfully closed a brokered private placement and a concurrent non-brokered offering, raising total gross proceeds of C$16.5 million [2]. Group 1: Brokered Offering - The brokered offering generated gross proceeds of C$15 million, with the sale of 60 million units at a price of C$0.25 per unit [2][3]. - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at C$0.35 until June 20, 2027 [3]. - Red Cloud Securities Inc. acted as the sole agent, receiving a cash commission of C$824,950 and 3,299,800 broker warrants [4]. Group 2: Use of Proceeds - The net proceeds from the brokered offering will be allocated for exploration work, a mineral resource estimate at the San Acacio project, cash option payments on the Tepal project, and general working capital [5]. Group 3: Non-Brokered Offering - The non-brokered offering raised additional gross proceeds of up to C$1.5 million by selling 6 million units at C$0.25 per unit [11]. - Each non-brokered unit also consists of one common share and one-half of a common share purchase warrant, with similar terms as the brokered offering [11]. - A cash commission of C$90,000 was paid to an arm-length finder, along with the issuance of 360,000 finder warrants [12]. Group 4: Regulatory Compliance - The units were issued under the listed issuer financing exemption and are freely tradeable under applicable Canadian securities legislation [6]. - The offerings are subject to final approval from the TSX Venture Exchange [13]. Group 5: Company Overview - Defiance Silver Corp. is focused on advancing the Zacatecas project and the Tepal Gold/Copper project in Mexico, aiming to develop premier silver and gold deposits [15].
Canlan Sports Announces Special Dividend and Distribution Dates
Newsfile· 2025-06-20 16:17
Burnaby, British Columbia--(Newsfile Corp. - June 20, 2025) - Canlan Ice Sports Corp. (TSX: ICE) ("Canlan") a leading sports and entertainment company, today announced that its Board of Directors (the "Board") has declared a special dividend to shareholders of $0.50 per common share. The special dividend will be paid on August 15, 2025 to common shareholders of record at the close of business on July 31, 2025. "The Board's approval of this special dividend reflects our commitment to enhancing shareholder r ...
Datadog Ranked on Forbes' Global 2000 List, Recognizing Global Impact and Financial Strength
Newsfile· 2025-06-20 13:00
Datadog Ranked on Forbes' Global 2000 List, Recognizing Global Impact and Financial StrengthJune 20, 2025 9:00 AM EDT | Source: Datadog, Inc.New York, New York--(Newsfile Corp. - June 20, 2025) - Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced it has ranked on the Forbes Global 2000 and Forbes Global 2000 United States Lists for 2025. Datadog's addition recognizes the company's global impact and financial strength.Forbes' annual rankin ...
BTCS Inc. Acquires 1,000 ETH, Expanding Ethereum Holdings to 14,600 ETH
Newsfile· 2025-06-20 13:00
BTCS Inc. Acquires 1,000 ETH, Expanding Ethereum Holdings to 14,600 ETHJune 20, 2025 9:00 AM EDT | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - June 20, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company short for Blockchain Technology Consensus Solutions, today announced the acquisition of 1,000 Ether ("ETH") for approximately $2.5 million through borrowing on AAVE, the leading decentralized lending ("DeFi") protocol. The purchas ...
Thiogenesis Therapeutics to Present at UMDF's Mitochondrial Medicine 2025 Conference
Newsfile· 2025-06-20 13:00
Thiogenesis Therapeutics to Present at UMDF's Mitochondrial Medicine 2025 ConferenceDr. Rioux to Highlight Industry-Leading Clinical Programs in MELAS and Leigh Syndrome SpectrumJune 20, 2025 9:00 AM EDT | Source: Thiogenesis Therapeutics, Corp.San Diego, California--(Newsfile Corp. - June 20, 2025) - Thiogenesis Therapeutics, Corp. (TSXV: TTI) (OTCQX: TTIPF) ("Thiogenesis" or the "Company"), a clinical-stage biopharmaceutical company developing sulfur-based therapeutics for rare pediatric and ...
24/7 Market News: Final Trading Days of Q2 with Clock Ticking on SYTA's $180 Million Merger with Core Gaming
Newsfile· 2025-06-20 12:26
24/7 Market News: Final Trading Days of Q2 with Clock Ticking on SYTA's $180 Million Merger with Core GamingJune 20, 2025 8:26 AM EDT | Source: 24/7 Market NewsDenver, Colorado--(Newsfile Corp. - June 20, 2025) - 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reminds readers only a few trading days remain in the second quarter, Siyata Mobile (NASDAQ: SYTA) is staring down the closing of its $180 million reverse merger ...
Moving iMage Technologies Secures $9M Contract to Install 150 Barco Laser Projectors Over Three Years
Newsfile· 2025-06-20 11:51
Moving iMage Technologies Secures $9M Contract to Install 150 Barco Laser Projectors Over Three YearsJune 20, 2025 7:51 AM EDT | Source: Moving iMage TechnologiesFountain Valley, California--(Newsfile Corp. - June 20, 2025) - Moving iMage Technologies, Inc. (NYSE American: MITQ), a leading provider of advanced out-of-home entertainment technology and services for cinemas, esports venues, stadiums, and arenas, today announced a new agreement with an existing national cinema exhibition customer. ...