Workflow
Newsfile
icon
Search documents
Decade Resources Closes Oversubscribed Flow Through Private Placement for Total Gross Proceeds of $308,500
Newsfile· 2025-06-16 20:45
Core Points - Decade Resources Ltd. has successfully closed an oversubscribed flow-through private placement, raising total gross proceeds of $308,500 [1][2]. Group 1: Financial Details - A total of 8,814,286 flow-through units were issued at a price of 3.5 cents per unit, which includes one flow-through common share and one transferable non-flow-through common share purchase warrant [2]. - Each warrant is exercisable for the purchase of one additional common share at a price of $0.05 per share for a period of 24 months [2]. Group 2: Use of Proceeds - Proceeds from the sale will be used for incurring flow-through expenses that qualify as Canadian exploration expenses and flow-through critical mineral mining expenditures as defined in the Income Tax Act (Canada) [3]. - The funds will specifically be allocated to the Company's properties in British Columbia [3]. Group 3: Additional Information - The company paid cash finder's fees totaling $16,200 and issued 462,857 warrants at $0.05 to the finders, with the warrants also being exercisable for a 24-month period [4]. - All issued securities are subject to a statutory hold period of four months, expiring on October 14, 2025 [3].
Stonegate Capital Partners Updates Coverage On Aemetis, Inc. (AMTX) Q1 2025
Newsfile· 2025-06-16 20:31
Company Overview - Aemetis, Inc. reported total revenues of $42.9 million in Q1 2025, a decline from $72.6 million in the same period last year, primarily due to shifts in timing for new government biodiesel contracts in India [1] - The net loss for the quarter was $24.5 million, relatively flat compared to a net loss of $24.2 million in Q1 2024, reflecting ongoing investments in growth initiatives and higher interest expenses [1] - The company ended the quarter with $0.5 million in cash, down from $0.9 million at year-end, although liquidity was supported by $19.0 million in cash proceeds from the sale of transferable investment tax credits [1] Industry Developments - Federal and state-level policy developments include a nationwide move from E10 to year-round E15 ethanol blends, expanding low-carbon fuel standards, and the IRS establishing provisional emissions rates for dairy RNG and 45Z production tax credits [6] - Aemetis RNG is gaining traction with operational production facilities, reporting a 140% year-over-year revenue increase in Q1 2025, with 19 dairy digesters operational and 26 expected to be online by year-end [6] - The ethanol and India biofuels segments continue to perform well due to long-term infrastructure upgrades and favorable policy support, despite short-term pricing pressures; ethanol operations benefit from completed solar microgrid upgrades and the development of the MVR system, while India biofuels grew by 27% in Q1 and is preparing for a potential IPO [6]
Steppe Gold Ltd. Announces Annual General and Special Meeting Voting Results
Newsfile· 2025-06-16 20:30
Group 1 - Steppe Gold Ltd. held its annual general and special meeting of shareholders on June 16, 2025, where key voting results were announced [1][2] - Seven individuals were elected to serve on the Board of Directors, with Batjargal Zamba and Jargalan Sereenen receiving the highest approval rates of 99.78% and 99.80% respectively [2] - Byambatseren Tsogbadrakh received more votes withheld (155,974,798) than votes in favor (15,704,475), necessitating her resignation submission to the Board as per the company's majority voting policy [2][6] Group 2 - Kingston Ross Pasnak LLP was re-appointed as auditors for Steppe Gold until the next annual meeting, with the Board authorized to fix their remuneration [2] - The shareholders did not pass the ordinary resolution for the ratification and adoption of the Company's long-term incentive plan, with only 9.15% voting in favor [5][6] Group 3 - Steppe Gold Ltd. is recognized as Mongolia's premier precious metals company [7]
Mobile-health Network Solutions Announces H1 FY2025 Results; Continues on Drive Towards Scale and Profitability
Newsfile· 2025-06-16 20:30
Mobile-health Network Solutions Announces H1 FY2025 Results; Continues on Drive Towards Scale and ProfitabilityJune 16, 2025 4:30 PM EDT | Source: Mobile-health Network SolutionsSingapore, Singapore--(Newsfile Corp. - June 16, 2025) - Mobile-health Network Solutions (Nasdaq: MNDR) ("MNDR" or "the Company"), a leading MedTech innovator ranked among Asia-Pacific's high-growth companies, today announced financial results for the first six months of its fiscal year 2025 ("H1 FY2025").H1 FY2025 per ...
Besra Gold Inc. Announces: Leading Independent Proxy Advisory Firm ISS Recommends Shareholders Vote to Remove Dato' Lim Khong Soon as a Director and Reject Quantum's Proposed Changes to the Board.
Newsfile· 2025-06-16 18:16
Core Viewpoint - Besra Gold Inc. is facing a critical vote regarding the removal of Dato' Lim Khong Soon from its board, with ISS recommending shareholders support this removal due to governance concerns and lack of strategic direction from Quantum Metal Recovery Inc. [1][2][6] Group 1: ISS Recommendations - ISS recommends shareholders vote for the removal of Dato' Lim Khong Soon from the board, citing governance failures and conflicts of interest [2][4] - ISS emphasizes that Quantum has not provided a compelling case for its proposed changes to the board composition and lacks a strategic plan for delivering value [5][6] Group 2: Shareholder Voting Urgency - Shareholders are urged to vote before the CDI voting deadline on June 18, 2025, at 11:30 a.m. Sydney time [1][7] - A special meeting for shareholders is scheduled for June 24, 2025, at the offices of Hall Chadwick in Sydney [7] Group 3: Governance Concerns - The removal of Dato' Lim is seen as a necessary step to address significant governance failures and to enhance the company's stability and transparency [2][6] - The current independent directors are recommended to remain in their positions, with ISS advising against their removal [4][5]
FingerMotion's Subsidiary JiuGe Technology and Qingling Motors Collaborate on Advancing Intelligent Vehicle Solutions
Newsfile· 2025-06-16 13:00
FingerMotion's Subsidiary JiuGe Technology and Qingling Motors Collaborate on Advancing Intelligent Vehicle SolutionsJune 16, 2025 9:00 AM EDT | Source: FingerMotion, Inc.Singapore, Singapore--(Newsfile Corp. - June 16, 2025) - FingerMotion, Inc. (NASDAQ: FNGR) ("FingerMotion" or the "Company"), a mobile services, data, and technology company, is pleased to announce that its subsidiary, Shanghai JiuGe Information Technology Co., Ltd. ("JiuGe Technology"), is working with Qingling Motors Group ...
Home Run! Adia Med of Winter Park's AHCA Triumph Brings Insurance-Covered Healing to Patients
Newsfile· 2025-06-16 13:00
Home Run! Adia Med of Winter Park's AHCA Triumph Brings Insurance-Covered Healing to PatientsJune 16, 2025 9:00 AM EDT | Source: Adia Nutrition Inc.Winter Park, Florida--(Newsfile Corp. - June 16, 2025) - Adia Nutrition, Inc. (OTCQB: ADIA), a leading innovator in regenerative medicine and nutritional supplements, is thrilled to announce that its state-of-the-art clinic, Adia Med of Winter Park, has received full approval from the Agency for Health Care Administration (AHCA). This milestone all ...
24/7 Market News: VENU Bolstered by Northland Capital and ThinkEquity Buy/Outperform Ratings with $15 Price Target
Newsfile· 2025-06-16 12:44
Core Viewpoint - Venu Holding Corporation (NYSE American: VENU) has received strong endorsements from Northland Capital and ThinkEquity, both assigning a Buy/Outperform rating with a price target of $15, highlighting its disruptive business model and rapid growth in the $79.7 billion live entertainment market [1][2]. Group 1: Analyst Ratings and Insights - Northland Capital initiated coverage with an "Outperform" rating and a $15 price target, praising Venu's unique municipal partnership model that secures 40% of project financing through public-private partnerships, thus reducing capital investment [2][3]. - ThinkEquity assigned a "Buy" rating with a $15 price target, citing Venu's scalable, high-margin business model and diversified revenue streams, including ticket sales, sponsorships, and fractional ownership [4]. Group 2: Financial Performance and Growth - Venu generated $38.7 million in Luxe FireSuite and Aikman Club sales in Q1 2025, showcasing its successful revenue generation strategy [2]. - The company reported a 19% increase in total assets to $212.9 million in Q1 2025, driven by property acquisitions and FireSuite sales [7]. - Venu's $1.3 billion pipeline and low-debt balance sheet are highlighted as key strengths, with financing structured through municipal partnerships, pre-sales of fractional ownership, and sale-leaseback arrangements [3][4]. Group 3: Strategic Partnerships and Market Position - Venu's partnership with Ryan aims to double its expansion pace, while a recent alliance with Aramark enhances fan experiences [7]. - The introduction of the "Disruptor Award" in collaboration with Billboard aims to spotlight Venu's fan-owned model, further enhancing its market presence [7]. - Inclusion in the Russell 3000 Index may increase Venu's exposure to investors [7].
Sonim Technologies Confirms Receipt of Non-Binding Unsolicited Indication of Interest
Newsfile· 2025-06-16 12:30
San Diego, California--(Newsfile Corp. - June 16, 2025) - The Special Committee of the Board of Directors (the "Special Committee") of Sonim Technologies, Inc. (NASDAQ: SONM), formed to oversee the Company's ongoing strategic alternatives process, today confirmed receipt of an unsolicited indication of interest issued by DOOGEE on June 9, 2025 in the form of a press release, to acquire all outstanding shares of Sonim for $3.60 per share in cash. The Special Committee issued the following statement on the m ...
RUA GOLD Reports Auld Creek Drilling Results Including 2.1m @ 64g/t AuEq Intersected 120m Below the Current Resource, Demonstrating Significant and Open-Ended Depth Potential
Newsfile· 2025-06-16 11:30
Core Viewpoint - Rua Gold Inc. has reported significant high-grade gold-antimony drilling results at the Auld Creek project, indicating substantial depth potential and continuity of mineralization beyond the current resource estimate [1][2][4]. Company Summary - Rua Gold is focused on expanding the Auld Creek resource, with drilling efforts aimed at both depth and lateral extensions, particularly in the Fraternal and Bonanza prospects [2][4]. - The company has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, equating to approximately 67,000 ounces of gold and 8,000 tonnes of antimony [11]. - Recent drilling has confirmed high-grade intersections, including 2.1m at 64.0g/t AuEq from a depth of 310m, showcasing the potential for resource growth [4][12]. Industry Context - Antimony is increasingly recognized as a critical mineral due to its applications in renewable energy, batteries, and technology, with prices surging from US$11,350 to over US$60,000 per tonne since early 2024 [8][9]. - The supply of antimony is predominantly controlled by China, Russia, and Tajikistan, making it a strategic material amid geopolitical tensions [8][9]. - New Zealand has included antimony in its Critical Mineral List, reflecting its importance in the global supply chain and the heightened demand for alternative sources [9].