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Paradigm Gold Receives 5 Year Drill Permit for Swift Katie Gold-Copper Property, BC
Newsfile· 2025-11-25 14:00
Core Viewpoint - Paradigm Gold Corporation has received a 5-year drilling permit for the Swift Katie Gold-Copper Property in British Columbia, allowing for exploration until December 31, 2030 [1]. Drilling Plans - Preparation for drilling is set to begin in early 2026, focusing on expanding gold mineralization identified in a 2017 drill program at the Swift Target, with an initial plan of 2,000 meters of drilling [2]. - The drilling will target areas around the TR19 zone and SK17-019, which previously assayed 8.6 meters of 3.1 grams per tonne (g/t) Au [2]. Mineralization Insights - The Katie Copper-Gold Porphyry target has also been permitted for drilling, with semi-continuous, strongly anomalous Cu-Au mineralization outlined over a cumulative strike length of 1.8 kilometers [3]. - Highlights from previous drilling at the Katie Target include 101.5 meters of 0.19% Cu and 0.12 g/t Au, including 12.8 meters of 0.43% Cu and 0.15 g/t Au from hole VKT08-069 [3]. Property Overview - The Swift Katie Project consists of 19 contiguous MTO mineral claims covering 83 square kilometers in a geologically favorable area of British Columbia, historically known for significant mining camps [4]. - Drilling to date has identified three accumulations of semi-continuous Cu-Au mineralization over a cumulative strike length of 1,800 meters, with plans for eight infill holes totaling 2,600 meters to enhance mineralization size and continuity [5]. Exploration Potential - The Au-Ag zones at the Swift target show promise for further exploration based on encouraging results from drilling in 2016 and 2017, with mineralization hosted in altered volcaniclastic rocks of the Elise Formation [6]. - The geological environment may indicate a transition from a porphyry to an epithermal system, similar to mineralization styles found in the historic Rossland Mining Camp, located 25 kilometers west of the property [6]. Company Background - Paradigm Gold has an experienced management and exploration team with a successful track record in North America, focusing on quality projects to enhance shareholder value [7]. - The company's flagship property is the 100% owned Swift-Katie Cu/Au project, which benefits from year-round access and excellent infrastructure [7].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Skye Bioscience
Newsfile· 2025-11-25 13:57
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Skye Biosciences, Inc. due to allegations of misleading statements regarding the effectiveness of its drug nimacimab, which led to significant stock price declines [2][5][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Skye between November 4, 2024, and October 3, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Skye, with a deadline of January 16, 2026, for investors to seek the role of lead plaintiff [2][7]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [4]. Group 2: Allegations Against Skye - The complaint alleges that Skye and its executives violated federal securities laws by making false and misleading statements about nimacimab's effectiveness and overstating its clinical and commercial prospects [5]. - On October 6, 2025, Skye announced that nimacimab did not achieve its primary endpoint in a clinical study, leading to a 60% drop in stock price, closing at $1.90 per share [6]. Group 3: Investor Participation - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member, with no impact on their ability to share in any recovery [7]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Skye's conduct [8].
AITX Surges to New Billing Record in October
Newsfile· 2025-11-25 13:40
Core Insights - AITX achieved its highest billing results in October 2025, invoicing approximately $762,000, a 20% increase from $609,000 in September 2025, positioning the company towards a potential $10 million annual recurring revenue run rate as RAD technology adoption rises [1][3][4] Financial Performance - October 2025 billing reached $762,000, up from $609,000 in September, marking a 20% month-over-month growth [1][3] - The company is on track to potentially reach positive operational cash flow by spring 2026, driven by rising recurring revenue and expanding client deployments [4] Business Model and Market Position - AITX operates within the nearly $50 billion security and guarding services industry, offering AI-driven Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [4][8] - The company’s solutions are designed to replace or complement human personnel in environments better suited for machines, enhancing operational efficiency [4][8] Subsidiary Contributions - October's record performance is attributed solely to the subsidiaries Robotic Assistance Devices, Inc. (RAD-I) and Robotic Assistance Devices Residential, Inc. (RAD-R), with additional revenue expected from RAD-G and SARA™ as deployments progress [3][4] Leadership and Expertise - AITX is led by Steve Reinharz, who has extensive experience in the security services industry, supported by a team with backgrounds in security leadership, law enforcement, and robotics innovation [6][8] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, with expectations to convert existing sales opportunities into deployed clients generating recurring revenue [7]
Surface Metals Inc. Confirms Open Mineralization and Expansion Potential at Cimarron Gold Project, Nevada
Newsfile· 2025-11-25 13:30
Surface Metals Inc. Confirms Open Mineralization and Expansion Potential at Cimarron Gold Project, NevadaNovember 25, 2025 8:30 AM EST | Source: Surface Metals Inc.Carson City, Nevada--(Newsfile Corp. - November 25, 2025) - Surface Metals Inc. (CSE: SUR) (OTCQB: SURMF) ("Surface Metals" or the "Company") is pleased to announce the completion of a comprehensive historical drill database compilation and review for its Cimarron Gold Project in Nye County, Nevada. The study confirms substantial ex ...
NusaTrip Inc to Present at Noble Capital Markets' Twenty First Annual Emerging Growth Equity Conference
Newsfile· 2025-11-25 13:00
Core Insights - NusaTrip Inc, a leading integrated travel technology platform in Southeast Asia and Asia-Pacific, will present at NobleCon21 on December 3rd, 2025 [1] Company Overview - NusaTrip was established in 2015 and is headquartered in Jakarta, Indonesia, specializing in travel technology within SEA and APAC [4] - The company has partnerships with over 500 airlines and 650,000 hotels globally, and is the first Indonesian-based online travel agent to receive IATA accreditation [4] Growth Strategy - NusaTrip focuses on acquisitions of offline travel agencies as a key component of its growth strategy, having successfully acquired VLeisure and VIT in Vietnam [5] - The company is actively seeking to acquire travel agencies in various regions including PRC, Hong Kong, Philippines, Thailand, Singapore, Malaysia, India, and UAE [5] Event Details - Interested investors can attend the presentation at a discounted rate, with registration available through a provided link [2] - A high-definition video webcast of the presentation will be available the following day on the company's website and other platforms for 90 days [3]
PRTH STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of Priority Technology Holdings, Inc. (PRTH) and Encourages Long-Term investors to Contact the Firm
Newsfile· 2025-11-25 13:00
Core Points - Kaskela Law LLC has initiated an investigation into Priority Technology Holdings, Inc. (NASDAQ: PRTH) on behalf of long-term shareholders [1] - The investigation aims to determine if Priority and its officers and directors violated securities laws or breached fiduciary duties related to recent corporate actions [2] Company Performance - Since February 2025, Priority's stock price has dropped from over $12.00 per share to below $6.00 per share, representing a decline of over 50% [2]
CanAlaska Announces Results from Geophysical Program on West McArthur Project
Newsfile· 2025-11-25 12:30
Core Insights - CanAlaska Uranium Ltd. has reported significant results from its 2025 geophysical survey on the West McArthur Joint Venture project, extending the C10S conductive corridor to 16 kilometers and identifying new geophysical targets [2][3][5] Exploration Results - The ground-based electromagnetic survey successfully delineated multiple conductor plates along the C10S conductive trend, enhancing drillhole targeting accuracy [5][7] - The survey results indicate a potential for additional high-grade uranium mineralization along the C10S corridor, particularly in areas that have not been extensively drilled [10][11] Project Development - CanAlaska is fully funding the 2026 exploration program with a budget of $15 million, representing a 20% increase over the previous year [11] - The 2026 drill program is set to commence in early January 2026, with three drill rigs contracted for the winter portion of the program [11] Company Overview - CanAlaska Uranium is a leading explorer in the Athabasca Basin, holding approximately 500,000 hectares of uranium properties with a focus on high-grade uranium expansion [17][18] - The company has a strong track record of discovery and is strategically positioned next to critical mine and mill infrastructure [18]
Glow Lifetech Reports Record Q3 2025 Financial Results; 193% YoY Revenue Growth and Achieves First Positive Cash Flow from Operations
Newsfile· 2025-11-25 12:30
Core Insights - Glow Lifetech Corp. reported a record Q3 2025 with a 193% year-over-year revenue growth and achieved its first positive cash flow from operations, indicating strong commercial momentum and progress towards sustainable profitability [1][2]. Financial Performance - Net revenue reached $630,791, a 193% increase compared to Q3 2024's $215,176 [6]. - Gross profit was $427,671, reflecting a 168% increase from $159,599 in Q3 2024, with a gross margin of 68% [6]. - Total expenses decreased by 20% to $533,713 from $667,465 in Q3 2024, showcasing effective cost management [6]. - Cash flow from operations was $119,000, marking a 121% increase from a negative cash flow of $561,933 in Q3 2024 [6]. - EBITDA loss narrowed to $28,004, an 85% improvement from a loss of $188,920 in Q3 2024 [6]. Financial Position - The cash balance stood at $1,117,668, with a working capital surplus of $1,401,900, improving by over $2.16 million from a deficit of $764,665 in Q3 2024 [6]. - The current ratio improved to 2.16x from 0.65x in Q3 2024, indicating enhanced financial strength [6]. - The company achieved debt-free status by eliminating its remaining long-term debt of $368,509 in November 2025 [6]. Market Expansion and Product Development - Glow expanded its retail presence by adding new listings with major Ontario retailers, including FIKA Company and One Plant, and launched products in Saskatchewan [6]. - The MOD™ brand maintained its market leadership as the 2 brand in Ontario's oils category [6]. - A new product, MOD™ CBG:THC Drops 300, was launched, adding to the company's product lineup [7]. Future Outlook - The company is focused on building commercial momentum and a strong foundation for scalable, profitable growth, with plans to deepen penetration with national retailers and expand its product portfolio [8].
Founders Metals Appoints Vijay Kirpalani to Board of Directors
Newsfile· 2025-11-25 12:30
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - Founders Metals Inc. (TSXV: FDR) (OTCQX: FDMIF) (FSE: 9DL0) ("Founders" or the "Company") announces the appointment of Mr. Vijay Kirpalani to its Board of Directors as an independent Director, effective immediately. Mr. Kirpalani brings over two decades of finance, advisory, and corporate governance experience in the mining sector, including a distinguished record of leadership and value creation in Suriname. He has served on the Superviso ...
Searchlight Resources Commissions NI43-101 Technical Reports on Bootleg Lake and Robinson Creek Gold Properties
Newsfile· 2025-11-25 12:30
Core Insights - Searchlight Resources Inc. has contracted Axiom Exploration Group to prepare NI43-101 technical reports for its Bootleg Lake and Robinson Creek Gold properties, which are located near Creighton, Saskatchewan and Flin Flon, Manitoba [1][2][3] Summary by Sections Technical Reports - Axiom Exploration Group has completed site visits for both projects, with final reports expected in early 2026 [2] - This will be the first technical report for the Robinson Creek project and an update on the 2013 report for Bootleg Lake [2] Exploration Targets - The Robinson Creek project has an Initial Exploration Target estimated between 77,000 and 154,000 ounces of gold, with no prior report available [3] - Bootleg Lake has an estimated ore of 2 to 3 million tonnes, with gold grades ranging from 1.20 g/t to 1.60 g/t [7] Historical Data and Mineralization - Over 70 historical drill holes from the 1940s and 1980s have been compiled, outlining a mineralization zone extending at least 1,000 meters along the Mosher Lake Shear Zone [7] - Significant historical drill results include multiple intersections greater than 1.0 g/t gold, with some exceeding 2.0 g/t over at least one meter [7] Project Location and Infrastructure - The properties are located 15 kilometers from each other, allowing for potential shared processing facilities [7] - The Bootleg Lake site is a brownfields project with three past-producing high-grade gold mines, including the Rio Mine, which has 1,500 meters of underground workings [7] Future Plans - The technical reports will assist the company in future exploration and development plans, including the potential combination of Robinson Creek and Bootleg Lake [3]