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Groupon Announces $244 Million Financing Transaction
Newsfile· 2025-06-18 11:30
Groupon Announces $244 Million Financing Transaction June 18, 2025 7:30 AM EDT | Source: Groupon Chicago, Illinois--(Newsfile Corp. - June 18, 2025) - Groupon, Inc. (NASDAQ: GRPN) announced that it has entered into privately negotiated agreements with certain of the holders (the "Offering Participants") of its existing (a) 1.125% Convertible Senior Notes due 2026 (the "2026 Notes") and (b) 6.25% Convertible Senior Secured Notes due 2027 (the "2027 Notes") to (i) exchange an aggregate principal amount of $20 ...
Shopify Announces Results of its 2025 Annual Meeting of Shareholders
Newsfile· 2025-06-18 11:00
Core Points - Shopify Inc. held its 2025 Annual Meeting of Shareholders on June 17, 2025, where all director nominees were elected and PricewaterhouseCoopers LLP was appointed as auditors [1] - A non-binding advisory resolution on executive compensation was approved by shareholders [1] Group 1: Election of Directors - All ten nominees for director were elected with the following vote percentages: - Tobias Lütke: 98.18% for, 1.82% against - Lulu Cheng Meservey: 99.81% for, 0.19% against - Gail Goodman: 75.71% for, 24.29% against - David Heinemeier Hansson: 99.81% for, 0.19% against - Jeremy Levine: 94.27% for, 5.73% against - Prashanth Mahendra-Rajah: 99.38% for, 0.62% against - Joe Natale: 97.65% for, 2.35% against - Kevin Scott: 99.69% for, 0.31% against - Toby Shannan: 99.69% for, 0.31% against - Fidji Simo: 83.76% for, 16.24% against [2] Group 2: Appointment of Auditors - PricewaterhouseCoopers LLP was appointed as Shopify's auditors with 99.35% of votes in favor and 0.65% withheld [3] Group 3: Executive Compensation - The non-binding advisory vote on executive compensation received 62.33% in favor and 37.67% against [5] Group 4: Board of Directors' Leadership - Following the meeting, Tobias Lütke is expected to continue as Chair of the Board, and Joe Natale is set to serve as Lead Independent Director [5] Group 5: Company Overview - Shopify is a leading global commerce company providing essential internet infrastructure for commerce, trusted tools for businesses of all sizes, and operates in over 175 countries [6]
CyberCatch Announces Acceptance in NVIDIA Inception Program
Newsfile· 2025-06-18 11:00
Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - June 18, 2025) - CyberCatch Holdings, Inc. (TSXV: CYBE) (OTCQB: CYBHF) ("CyberCatch'' or the "Company"), a cybersecurity company offering an AI-enabled platform solution for compliance and cyber risk mitigation, is pleased to announce its acceptance to the NVIDIA Inception Program. NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing. About CyberCatch CyberCatch Holdings, Inc. (TSXV: CYBE) (OTCQB: CYBHF) provides a propri ...
Snow Lake Receives Positive Preliminary Results from the Engo Valley Phase 2 Drill Program
Newsfile· 2025-06-18 11:00
Core Viewpoint - Snow Lake Resources Ltd. has announced positive preliminary results from its Phase 2 drill program at the Engo Valley Uranium Project, indicating good intercepts of uranium mineralization and progress towards a maiden resource estimate by the end of 2025 [1][3]. Company Updates - The Phase 2 drill program has completed a total of 31 reverse circulation (RC) drill holes, totaling 2,719 meters, with 8 holes returning mineralized intersections greater than 100 ppm eU3O8 [6][8]. - The diamond drilling segment of the Phase 2 program is set to begin during the week of June 15, 2025, with plans for 19 diamond drill holes in the MUO area and 8 in the D1 area [8]. - A maiden mineral resource estimate for Engo Valley is targeted for completion before the end of 2025, contingent on timely assay results [9]. Industry Context - The global supply deficit of uranium is expanding, necessitating the development of new uranium mines to meet increasing demand [3]. - Namibia is highlighted as the world's third-largest uranium producer, making the exploration and development of projects like Engo Valley crucial for identifying new economic sources of uranium [3].
24/7 Market News: VENU to Build About $3B Worth of Venues over the Next 3 to 4 Years
Newsfile· 2025-06-18 10:55
Core Viewpoint - Venu plans to invest approximately $3 billion in building venues over the next 3 to 4 years, with a focus on innovative financing models and public-private partnerships [1][3]. Company Developments - The company is set to break ground on a $350 million amphitheater in McKinney, Texas, which will be the largest fully seated, multi-seasonal amphitheater ever constructed [2]. - Currently, Venu is constructing about $1.2 billion worth of amphitheaters and aims to scale this to $3 billion in the coming years [3]. Financing Strategy - Venu's financing model includes 35% to 45% of funding coming from municipal partnerships, which may involve real estate, cash, and tax incentives [3]. - The company employs a fractional ownership model similar to condominium sales, which contributes to 35% to 45% of its overall financing [4]. Recent Financial Activity - Venu closed a $10.25 million equity investment with an institutional investor, issuing a new series of preferred stock with a stated value of $15,000 per share, convertible into common stock at an effective rate of $15 per share [6].
NexGen Announces Voting Results for Election of Directors and Appoints Sharon Birkett to Its Board of Directors
Newsfile· 2025-06-18 10:30
NexGen Announces Voting Results for Election of Directors and Appoints Sharon Birkett to Its Board of Directors June 18, 2025 6:30 AM EDT | Source: NexGen Energy Ltd. Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to announce the voting results for the election of the Company's Board of Directors and the appointment of Sharon Birkett to the Company at its annual general and special meeting of shareho ...
Dakota Gold Intersects 1.94 Grams per Tonne Gold over 60.0 Meters in 2025 Richmond Hill Drill Campaign
Newsfile· 2025-06-18 10:30
Dakota Gold Intersects 1.94 Grams per Tonne Gold over 60.0 Meters in 2025 Richmond Hill Drill Campaign June 18, 2025 6:30 AM EDT | Source: Dakota Gold Corp. Lead, South Dakota--(Newsfile Corp. - June 18, 2025) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce initial results from its 2025 drill campaign at the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or "Project"). The initial assay results from 19 drill holes received to date are consistent ...
Lavras Gold Corp. Intersects 1.0 g/t Gold over 371 Metres at Butiá Gold Deposit, LDS Project, Southern Brazil & Provides an Exploration Update
Newsfile· 2025-06-18 10:30
Core Insights - Lavras Gold Corp. has reported significant drilling results from the Butiá Gold Deposit, with all seven new drill holes intersecting gold mineralization, including a notable 371 metres grading 1.0 g/t gold and higher-grade intervals [1][4][5] - The company aims to convert inferred gold resources into measured and indicated categories while expanding the mineralization footprint at Butiá [3][5][9] Drilling Results - Drill hole 25BT047 returned 371.0 metres grading 1.0 g/t gold, with a lower portion showing a 50.0 metre interval grading 3.4 g/t gold, including 1.0 metre grading 78.1 g/t gold [4][5][16] - Drill hole 25BT045 intersected multiple intervals of gold mineralization, including 50.0 metres grading 3.4 g/t gold and several high-grade intervals [4][5][15] - The total drilling completed at Butiá and the adjacent Fazenda do Posto target now stands at nearly 53,000 metres, significantly higher than the historical drilling of 20,000 metres [6][9] Exploration Initiatives - The company has renewed a 25,000-metre drilling contract to continue its ongoing drilling program [2] - A metallurgical test program for Butiá is underway at the SGS Laboratory in Belo Horizonte, Brazil, with composite samples from the Fazenda do Posto gold target sent for investigation [2][3] Resource Estimates - The Butiá Gold Deposit hosts a Mineral Resource Estimate of 377,000 ounces of gold in the Measured and Indicated categories and 115,000 ounces in the Inferred category [1][8][41] - The ongoing drilling program is focused on increasing the geological confidence of the existing gold resource and potentially increasing the gold endowment [3][9]
Happy Belly Food Group's iQ Food's QSR Announces the Signing of a Franchisee and Real Estate Location for the City of Toronto
Newsfile· 2025-06-18 10:00
Core Insights - Happy Belly Food Group Inc. has signed a new franchise agreement and secured a prime real estate location in Toronto, marking the third operational brand in a high-potential neighborhood [1][4] - The new location will feature iQ Food Co., a Toronto-based QSR known for its healthy and clean-eating dishes, and is expected to open in late Q3 2025 [1][10] - The company aims to expand iQ Food Co. significantly, with plans for 65 new locations across Canada, including 20 in Alberta, 25 in Ontario, and 20 in British Columbia [5][9] Expansion Strategy - The acquisition of iQ Food Co. was completed on September 18, 2024, when the brand operated four locations, and since then, the company has rapidly scaled the business [3][7] - The signing of the franchise agreement represents a 75% increase in unit count for iQ, with expectations to double system sales within 12 months of acquisition [7][9] - Happy Belly currently has 551 contractually committed retail franchise locations in various stages of planning, construction, and operation, with ongoing efforts to expand this pipeline into 2025 and 2026 [9][12] Market Position - iQ Food Co. has established itself as a leader in the premium healthy eating category, strategically located in urban and business districts, catering to health-conscious customers [7][10] - The brand is also expanding its catering services to reach a broader audience, enhancing brand awareness and customer loyalty [7][10] - The company emphasizes disciplined, organic expansion with a focus on key urban markets across Canada [7][9]
Makenita Resources Engages Drilling Contractor for Maiden Drill Program at Hector Silver Project in Ontario
Newsfile· 2025-06-18 07:01
Core Viewpoint - Makenita Resources Inc. has engaged Vital Drilling Services to initiate its first drilling program at the Hector Silver Project in Ontario, with mobilization already underway and drilling expected to start later this month [1]. Group 1: Project Overview - The Hector Property consists of 126 contiguous unpatented mineral claims covering an area of 2,243 hectares [2]. - The initial drilling phase will target high-priority areas identified through geological interpretation and recent fieldwork, including regions made accessible by wildfire-related clear-cutting [2]. Group 2: Technical Details - The drilling program aims to explore new silver and cobalt targets based on an updated structural model derived from airborne magnetic and VLF-EM surveys conducted from 2017 to 2021, totaling 522.9 line-kilometers [3]. - A significant focus will be on the Block 9 silver anomaly, previously explored by Teck in the early 1970s, which yielded assays of 326 grams per tonne silver (9.5 oz/ton) [4]. - The program will also target the South Keora shaft, a historic high-grade prospect with reported sampling results of 12-15% cobalt and up to 1,000 oz/ton silver from around 1913 [4]. Group 3: Management Insights - Jason Gigliotti, President and CEO of Makenita Resources, emphasized that this drilling marks a significant milestone for the company, aiming to validate historical mineralization and unlock potential value for shareholders [5]. - The Hector Project is positioned as a core strategic asset for Makenita, situated in a historically rich mining district known for silver and cobalt production [5].