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Sonim Technologies Announces Pricing of $5.55 Million Public Offering
Newsfile· 2025-07-01 12:55
San Diego, California--(Newsfile Corp. - July 1, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the pricing of a public offering of an aggregate of 7,400,000 shares of its common stock at a public offering price of $0.75 per share. The closing of the offering is expected to occur on or about July 2, 2025, subject to the satisfaction of customary closing conditions.Roth Capital Partners is acting as the exclusive placement agent for the offeri ...
Chilco River Holdings Bolsters Leadership Team with Two Strategic Hires to Drive National Expansion
Newsfile· 2025-07-01 11:30
Chilco River Holdings Bolsters Leadership Team with Two Strategic Hires to Drive National ExpansionGordon Huseth Named National Sales Director; Ariel Gianni Appointed Director of Social Media and Brand AmbassadorsJuly 01, 2025 7:30 AM EDT | Source: Chilco River Holdings, Inc.Los Angeles, California--(Newsfile Corp. - July 1, 2025) - Chilco River Holdings, Inc. (OTC Pink: CRVH) ("Chilco" or the "Company"), a dynamic holding company and diversified business accelerator, is proud to announce two ...
Snow Lake Secures Strategic Stake in Uranium Development Project in Wyoming's Powder River Basin
Newsfile· 2025-07-01 11:30
Snow Lake Secures Strategic Stake in Uranium Development Project in Wyoming's Powder River BasinJuly 01, 2025 7:30 AM EDT | Source: Snow Lake Resources LtdWinnipeg, Manitoba--(Newsfile Corp. - July 1, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, announces a cornerstone investment in GTi Energy Ltd. ("GTi Energy"), to advance its Lo Herma uranium project ("Lo Herma") through the next phase of drilling and f ...
Atrium Mortgage Investment Corporation Announces Termination of Public Offering of Debentures
Newsfile· 2025-07-01 02:30
Core Viewpoint - Atrium Mortgage Investment Corporation has terminated its bought deal offering of 6.00% convertible unsecured subordinated debentures due September 30, 2032, due to additional remediation procedures required by its former auditor as identified by the Canadian Public Accountability Board (CPAB) [1] Company Overview - Atrium is a non-bank provider of residential and commercial mortgages, focusing on major urban centers in Canada where real estate stability and liquidity are high [3] - The company's objectives include providing stable and secure dividends to shareholders while preserving equity by adhering to conservative risk parameters [3] Financial Reporting and Audit Concerns - The termination of the offering is linked to insufficient support for the former auditor's opinions on Atrium's annual financial statements for the years ended December 31, 2023, and 2024, particularly regarding the staging of mortgage receivables and allowance for mortgage losses [1] - Atrium is committed to assisting in addressing the concerns raised and expects satisfactory resolution of all identified issues [1]
CSE Bulletin: Consolidation - City View Green Holdings Inc. (CVGR)
Newsfile· 2025-06-30 21:44
Group 1 - City View Green Holdings Inc. announced a consolidation of its issued and outstanding common shares at a ratio of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares [1][2][3] - The total number of outstanding shares will be reduced to approximately 45,681,347 common shares following the consolidation [1][3] - The name and symbol of the company will remain unchanged despite the share consolidation [2][4] Group 2 - All open orders will be canceled at the close of business on July 2, 2025, and dealers are advised to re-enter their orders considering the share consolidation [2][4] - Trading on a consolidated basis will commence on July 3, 2025, with the record date and anticipated payment date also set for July 3, 2025 [5] - The new CUSIP and ISIN for the consolidated shares are 178718201 and CA1787182015, respectively, while the old CUSIP and ISIN are 178718102 and CA1787181025 [5]
Canadian Gold Corp. Closes Over-Subscribed Private Placement for New Hammond Reef South Program
Newsfile· 2025-06-30 20:30
Core Viewpoint - Canadian Gold Corp. has successfully closed an over-subscribed private placement, raising gross proceeds of $385,000 through the issuance of 1,203,125 flow-through common shares at a price of $0.32 per share [1][2]. Group 1: Financial Details - The gross proceeds from the private placement will be allocated to follow-up exploration work at the 100%-owned Hammond Reef South property and other Canadian projects [2]. - The company incurred a cash finder's fee of $19,250 in connection with the offering [4]. - All securities issued are subject to a hold period of four months and one day, pending final approval from the TSX Venture Exchange [4]. Group 2: Company Background - Canadian Gold Corp. is focused on mineral exploration and development, particularly aiming to expand the high-grade gold resource at the historic Tartan Mine in Flin Flon, Manitoba, which has an indicated mineral resource estimate of 240,000 oz gold [7][8]. - The company also holds a 100% interest in exploration properties in Ontario and Quebec, adjacent to major gold mines and development projects [8].
Nexa Announces Full Resumption of Operations at Cajamarquilla
Newsfile· 2025-06-30 20:18
Core Viewpoint - Nexa Resources has fully resumed operations at the Cajamarquilla smelter after a three-day temporary suspension due to successful negotiations with labor union representatives [1]. Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [3]. - The company operates four long-life underground polymetallic mines in Peru and Brazil, and one low-cost open pit mine in Peru, along with three smelters, including Cajamarquilla, the largest in the Americas [3]. Production and Market Position - In 2024, Nexa was among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide, according to Wood Mackenzie [4].
Atomic Minerals Receives TSX Approvals to Finalize Share Exchange Agreement for Quebec Mineral Claims and to Acquire Option on Saskatchewan Property
Newsfile· 2025-06-30 18:21
Core Viewpoint - Atomic Minerals Corporation has received TSX Venture Exchange approval to finalize a share exchange agreement for acquiring uranium properties in Quebec and Saskatchewan, which aligns with the company's strategy to enhance its uranium portfolio amid rising uranium prices [1][2]. Group 1: Acquisition Details - The company has entered into a share exchange agreement with Stratigraphic Capital Corp., acquiring 40 mineral concessions covering 2,351 hectares in Quebec's Mont-Laurier Uranium Property [1][3]. - As part of the transaction, Atomic Minerals issued 8,000,000 common shares at a deemed price of $0.015 per share, totaling $120,000, with a resale restriction of six months [4][5]. - The Saskatchewan Property consists of two mineral claims totaling approximately 5,355 hectares, with the company acquiring a 100% interest through an option agreement [6][8]. Group 2: Exploration Potential - The Mont-Laurier Uranium Property is located in a historically significant radioactive district, with previous exploration indicating low-grade uranium mineralization [3][7]. - The company plans to finalize exploration plans for both the Mont-Laurier and Saskatchewan properties, with activities expected to commence shortly [7]. Group 3: Financial Considerations - For the Saskatchewan Property option, Atomic Minerals issued 5,500,000 common shares at a deemed price of $0.015 per share, amounting to $82,500, and intends to pay an additional $50,000 in cash within three years [8][9]. - The company also has the option to purchase a 3% net smelter return royalty by issuing an additional 5,500,000 shares, subject to TSXV acceptance [9]. Group 4: Company Overview - Atomic Minerals Corporation is a publicly listed exploration company on the TSXV, focusing on identifying uranium exploration opportunities in underexplored regions with geological similarities to known uranium deposits [11][12]. - The company's portfolio includes uranium projects in three North American locations, with a historical production of 597 million pounds of U3O8 in the Colorado Plateau and additional projects in the Athabasca Basin [12].
Flora Growth Announces Results of 2025 Annual and Special Meeting of Shareholders
Newsfile· 2025-06-30 18:01
Core Points - Flora Growth Corp. held its 2025 Annual and Special Meeting of Shareholders, where several proposals were voted on by shareholders [1][2][3][4][5]. Proposal Summaries - **Proposal 1**: Election of five directors to the board. All five directors were elected with the following votes: - Clifford Starke: 7,329,521 For, 1,500,756 Against - Sammy Dorf: 8,014,311 For, 815,247 Against - Edward Woo: 8,622,354 For, 204,155 Against - Manfred Leventhal: 8,715,612 For, 114,001 Against - Harold Wolkin: 8,560,356 For, 264,945 Against [1]. - **Proposal 2**: Reappointment of Davidson & Company LLP as auditors for the fiscal year ending December 31, 2025. The proposal passed with 12,637,347 For votes against 225,303 Against [2]. - **Proposal 3**: Approval of an amendment to the Company's 2022 Plan to increase the number of shares from 2,500,000 to 4,500,000. This proposal was approved [2]. - **Proposal 4**: Approval of the grant of Stock Appreciation Rights to the Company's executives. This proposal was not approved, receiving 1,291,659 For votes against 7,547,118 Against [3]. - **Proposal 5**: Authority for the Board to effect a share consolidation at a ratio between 10:1 and 100:1. This proposal was approved with 10,996,887 For votes against 1,296,154 Against [4]. - **Proposal 6**: Approval of the repricing and amendment of vesting terms of certain outstanding Stock Appreciation Rights. This proposal was also approved with 5,292,718 For votes against 3,547,911 Against [5].
24/7 Market News: VENU Holds the Sweet Spot- Big-Brand Backing & Scalability
Newsfile· 2025-06-30 12:45
Core Insights - Venu Holding Corporation is positioned as a rapidly expanding developer of luxury live music venues, leveraging a business model that combines institutional strength, operational scale, and superior fan experiences [1] Group 1: Strategic Advantages - Venu's competitive edge stems from its premium hospitality model and strategic partnerships with major players like AEG and Aramark, enhancing its institutional credibility and logistical capabilities [3] - The company has invested in state-of-the-art amphitheaters designed for 12,500 to 20,000 attendees, featuring advanced acoustics and premium amenities, which align with artists' preferences for larger venues [6] - Venu's strategic positioning allows it to operate effectively within the $50 billion live events market, balancing the scale of corporate giants with the innovation of independent operators [7] Group 2: Revenue Generation and Fan Engagement - Venu has introduced a fractional ownership model for Luxury Fire Pits, generating $38.7 million in Q1 sales, which fosters fan loyalty and aims for recurring revenue [8] - The Aikman Private Section, named in partnership with football icon Troy Aikman, offers exclusive access for VIP ticket holders and corporate sponsors, enhancing the luxury experience [9] Group 3: Industry Context - Independent venues are facing significant challenges, including high operational costs and competition from larger entities like Ticketmaster, which Venu is successfully navigating [2][5] - The National Independent Venue Association (NIVA) highlighted that 64% of independent venues were unprofitable in 2024, emphasizing the systemic burdens they face [10]