Newsfile

Search documents
Happy Belly Food Group Appoints Vice President of Finance
Newsfile· 2025-09-08 10:00
Toronto, Ontario--(Newsfile Corp. - September 8, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce with continued franchising demand and steady organic growth, we have brought on a Vice President of Finance to oversee these growth verticals."Happy Belly continues to accelerate through its next phase of growth. Franchise agreements across our portfolio of brands are being signed at a steady p ...
Core Nickel Announces Change of Management
Newsfile· 2025-09-08 09:00
Company Leadership Changes - Misty Urbatsch has stepped down as CEO, President, and director of Core Nickel effective September 5, 2025 [1] - Christopher Tate has been appointed as the new CEO and President, bringing over 20 years of experience in finance and investment banking [2][3] Company Overview - Core Nickel Corp. is a junior nickel exploration company that controls 100% of five projects in the Thompson Nickel Belt (TNB) in Northern Manitoba, Canada [3] - The company’s land package covers approximately 27,000 hectares and is near existing infrastructure such as highways, railways, and operating mills [3] Project Details - The Mel project has a historical mineral resource of 4,279,000 tons grading 0.875% Ni and an inferred resource of 1,010,000 tons grading 0.839% Ni [4] - Core Nickel also holds two additional projects, Halfway Lake and Resting Lake, which are associated with known elevated nickel mineralization [5]
Focus Graphite Chairman Converts C$200,000 Loan to Equity, Strengthening Balance Sheet Ahead of Key Milestones
Newsfile· 2025-09-08 09:00
Focus Graphite Chairman Converts C$200,000 Loan to Equity, Strengthening Balance Sheet Ahead of Key MilestonesJeff York converts $200,000 of his longstanding private loan into equity as part of a plan to gradually eliminate debt, reinforce financial flexibility, and advance the Company's strategic priorities.September 08, 2025 5:00 AM EDT | Source: Focus Graphite Inc.Ottawa, Ontario--(Newsfile Corp. - September 8, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or t ...
K2 Gold Appoints Jessica Van Den Akker as Chief Financial Officer and Corporate Secretary
Newsfile· 2025-09-08 08:00
K2 Gold Appoints Jessica Van Den Akker as Chief Financial Officer and Corporate SecretarySeptember 08, 2025 4:00 AM EDT | Source: K2 Gold CorporationVancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - K2 Gold Corporation. (TSXV: KTOV) (OTCQB: KTGDF) ("K2 Gold" or the "Company") today announced the appointment of Jessica Van Den Akker as Chief Financial Officer (CFO) and Corporate Secretary, effective immediately.Ms. Van Den Akker, CPA, CA, brings more than 20 years of financial ...
Thor Explorations Increases Stake to 100% Interest in the Douta Project and Completes the Acquisition of Bousankhoba Permit in Southeast Senegal
Newsfile· 2025-09-08 06:00
Core Viewpoint - Thor Explorations Ltd has successfully increased its stake in the Douta Gold Project to 100% by acquiring the remaining 30% interest from its joint venture partner, International Mining Company SARL, and has also completed the acquisition of a 65% interest in the Bousankhoba Exploration Permit in Southeast Senegal [1][2][3]. Acquisition Details - The total consideration for the Douta Project acquisition is US$3,000,000 in cash and a 1.5% Net Smelter Royalty (NSR), capped at US$60 million [2]. - The cash payment structure includes 50% payable upon signing and the remaining 50% at completion [2]. Bousankhoba Exploration Permit - The Bousankhoba permit is located adjacent to the Douta West permit and has identified numerous geochemical targets over an 18 km strike length [3][23]. - Historical drilling at Bousankhoba has shown promising results, including 10 meters at 3.6 grams per tonne (g/t) of gold and 2 meters at 52 g/t [3][20]. Strategic Importance - The acquisition of the remaining interest in the Douta Project allows for a more efficient development process and full exposure to project economics, especially with the Preliminary Feasibility Study nearing completion [6][9]. - The Bousankhoba permit is considered highly prospective and may provide satellite resources that complement the Douta Gold Project [25]. Exploration Potential - Extensive exploration has identified significant geochemical anomalies and mineralization potential at the Bousankhoba permit, with further drilling planned to assess the full extent of the mineralization [24][25]. - The location of Bousankhoba between other significant gold occurrences enhances its prospectivity [24].
HIVE Digital Technologies Provides August 2025 Production Report with 22% Monthly Increase in Bitcoin Production and Phase 3 Expansion
Newsfile· 2025-09-08 05:00
Core Insights - HIVE Digital Technologies reported a 22% month-over-month increase in Bitcoin production for August 2025, indicating operational strength and ongoing expansion in Paraguay [2][6] - The company has completed Phase 2 of the Yguazú Project, achieving over 18 EH/s of global mining capacity and producing more than 8.5 BTC per day using renewable hydroelectric energy [4][6] - HIVE is on track to reach a target of 25 EH/s by U.S. Thanksgiving 2025, with expectations of daily Bitcoin production increasing to approximately 12 BTC [6][8] Production Highlights - HIVE's global fleet has reached a total of 18.5 EH/s, with the deployment of six Bitmain S21+ Hydro containers contributing approximately 350 PH/s [5][6] - The average daily Bitcoin production in August was 8 BTC, with a total of 247 BTC produced compared to 203 BTC in July [7] - The average hashrate for August was 16.3 EH/s, peaking at 18.1 EH/s [7] Management Commentary - Frank Holmes, Co-Founder and Executive Chairman, emphasized the company's 200% increase in capacity since the beginning of 2025, showcasing operational execution across multiple regions [7][8] - Aydin Kilic, President & CEO, highlighted the team's success in exceeding expectations and the focus on accelerating deployment at the Valenzuela site [8] - Darcy Daubaras, CFO, noted the importance of hashrate expansions and daily Bitcoin production as key indicators of growth and operational efficiency in the Bitcoin mining sector [8] Operational Outlook - HIVE anticipates consistent future growth aligned with the economics of its Paraguay operations, with predictable operating costs due to fixed-rate hydroelectric power [9] - Each incremental exahash is expected to contribute to daily Bitcoin production and revenue potential, while power expenses will scale proportionally with machine usage [9] Company Overview - HIVE Digital Technologies Ltd. was founded in 2017 and operates sustainable blockchain and AI infrastructure data centers powered exclusively by renewable hydroelectric energy [10] - The company has a global presence in Canada, Sweden, and Paraguay, focusing on operational excellence and green energy leadership [10]
Austral Gold Announces Repayment of Related Party Loan
Newsfile· 2025-09-08 01:24
Core Points - Austral Gold Limited has fully repaid a US$2,000,000 loan along with accrued interest of US$133,000 to Inversiones Financieras del Sur SA (IFISA) [1][8] - The repayment was made through the transfer of 6,797,843 shares of Unico Silver Limited at a price of A$0.48 per share [4][8] - Shareholder approval for the transaction was obtained at the Annual General Meeting held on May 29, 2025, in accordance with ASX Listing Rule 10.1 [3][8] Company Overview - Austral Gold is a growing gold and silver mining producer focused on building a portfolio of quality assets in the Americas, emphasizing production, exploration, and equity investments [5]
Altima Energy Inc. Announces Issuance of Cease Trade Order
Newsfile· 2025-09-07 17:20
Core Viewpoint - Altima Energy Inc. has received a cease trade order from the British Columbia Securities Commission due to the company's failure to file required financial documents, resulting in a suspension of trading on the TSX Venture Exchange [1][2]. Company Summary - Altima Energy Inc. is an oil and gas exploration and production company based in Vancouver, focusing on hydrocarbon asset development across North America [4]. - The company aims to enhance shareholder returns through efficient resource development and operational excellence [4]. Current Situation - The cease trade order was effective from September 3, 2025, and trading was suspended on September 4, 2025, due to ongoing technical issues preventing the completion of necessary filings [1][2]. - The company is working with auditors to complete the required filings by the end of October 2025, after which the cease trade order can be revoked [2]. Future Outlook - The company plans to provide updates regarding the status of the required filings as appropriate [3].
Lode Gold Closes $1.51 Million Upsized Private Placement
Newsfile· 2025-09-06 02:10
Core Points - Lode Gold Resources Inc. has successfully closed a non-brokered private placement offering, raising total gross proceeds of $1,513,768 through the issuance of 8,409,825 units at a price of $0.18 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with an exercise price of $0.35 per share for a period of 36 months [2][3] - The proceeds from the offering will be utilized for the execution of business plans for Lode Gold and its subsidiary, Gold Orogen [4] Management Changes - Winfield Ding has resigned as CFO, and Wayne Moorhouse has been appointed as Acting CFO while the company searches for a new CFO [5] Financial Agreements - The company has extended the maturity date of a construction loan agreement with Romspen Investment Corporation to October 31, 2025, and will pay $200,000 in interest, split between cash and shares [6] Legal Update - A senior secured debt holder has converted to become one of the largest shareholders, exceeding 19.9%, following a restructuring plan. A former CEO's severance claim was ruled in favor of the claimant for $222,469, which will not materially impact the company's 2025 financial results [7] Company Overview - Lode Gold is an exploration and development company with projects in Canada and the United States, focusing on highly prospective mining jurisdictions [8] - In Canada, the company holds assets in the Yukon and New Brunswick, with significant drilling results and confirmed gold endowment [9][10] - In the United States, the company is advancing the Fremont Mine project in California, which has substantial exploration potential and excellent infrastructure [11]
Elixxer Ltd. Announces Proposed Shares for Debt Settlements
Newsfile· 2025-09-05 22:07
Core Points - Elixxer Ltd. plans to settle approximately $6.92 million of debt by issuing 83,924,151 common shares at a price of $0.0825 per share [1] - The debt settlement involves various creditors, including AIP Convertible Private Debt Fund L.P., which is a control person of the Company [2] - The settlement of M&A advisory fees and management compensation requires disinterested shareholder approval due to the amount exceeding $10,000 per month [2][3] - The Company has accrued $573,487.98 in salary and director fees for Mr. Zalt, who will receive 2,424,243 common shares for these fees [3] - A claim related to a consulting agreement termination amounts to approximately $1.12 million, with a net claim of $809,998 after a counterclaim [4] - The debt settlement is classified as a related party transaction under Multilateral Instrument 61-101, and the Company is relying on exemptions due to financial difficulties [5] - The debt settlement was approved by independent board members, with no special committee established [8] - Ferras Zalt has resigned as a director of the Company [9] - Elixxer is a Canadian public company listed on the TSX Venture Exchange and is focused on high growth investment opportunities [10]