Core Viewpoint - South Pacific Metals Corp. has successfully closed a private placement offering, raising gross proceeds of C$9,199,494 to fund exploration activities and general corporate purposes [1][3]. Group 1: Offering Details - The offering consisted of 17,036,100 units priced at C$0.54 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.90 for a period of 24 months following the offering's closing [2]. - The offering included a full exercise of a 15% option, resulting in an additional issuance of 2,222,100 units [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to expand exploration activities and for general corporate purposes [3]. Group 3: Related Party Transactions - The offering involved the issuance of 378,000 units to related parties, amounting to a subscription of C$204,120, which is exempt from formal valuation and minority shareholder approval requirements [4]. Group 4: Agent and Commission - BMO Capital Markets acted as the lead agent and sole bookrunner, with a cash commission of C$491,969.65 paid in connection with the offering [5]. Group 5: Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four key projects [7]. - The company's projects are strategically located near major producers, indicating potential for significant mineralization [8].

Core Insights - AITX's subsidiary RAD achieved a record deployment by activating sixteen RIO™ Mini units in a single day at a major construction site, reflecting the company's operational maturity and the growing demand in the construction sector [1][4][3] Company Performance - The order for the sixteen RIO units was received on October 17, and all units were activated within eight weeks, showcasing RAD's efficient turnaround from order to deployment [1][4] - The successful deployment reinforces RAD's momentum and ability to execute at scale, meeting the rising demand for autonomous security solutions in the construction industry [4][3] Industry Context - The security and guarding services industry is valued at nearly $50 billion, with RAD's solutions offering cost savings of 35%-80% compared to traditional manned security services [5] - The construction sector is emerging as one of RAD's most productive areas, driven by the need for reliable security monitoring on large job sites [3][4] Leadership and Expertise - AITX and RAD are led by experienced professionals, including CEO Steve Reinharz, who has extensive background in the security services industry [7] - The leadership team includes individuals with significant expertise in security, law enforcement, and robotics, enhancing RAD's capability to deliver innovative solutions [7] Sales Pipeline - RAD has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for future business growth and recurring revenue [8]

Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") is pleased to announce that the Company has commenced drilling at its 100%-controlled Silverton Project in Nye County, Nevada. The Phase 1 exploration drill program will be comprised of approximately 5,000 feet of reverse circulation ("RC") holes. The Company also completed a project-wide mapping and sampling exercise at Silverton in November 2025 with assays pending, ...

Core Insights - Gorilla Technology Group has completed a strategic investment in Astrikos.ai, enhancing its AI infrastructure offerings and expanding its global presence in key markets such as India, the USA, and UAE [1][3]. Investment Details - The investment positions Gorilla as a significant minority investor in Astrikos.ai, with an option to increase equity ownership [2]. - This partnership aims to enhance Gorilla's video intelligence stack, smart city architecture, and GPU-as-a-Service data center model [2]. Market Opportunities - The AI-optimized data center market in India is projected to grow from $1.19 billion in 2025 to over $3.10 billion by 2030, with a sustained growth rate exceeding 20% [4]. - The broader data center industry in India is expected to reach $21.8 billion by 2030, driven by AI adoption and data localization [4]. Technological Synergy - Astrikos.ai's platform is recognized as a leading real-time infrastructure intelligence engine, which will enhance Gorilla's capabilities in predictive optimization, continuous telemetry, and intelligent security [5]. - The collaboration is expected to create a powerful platform that combines real-time prediction optimization and infrastructure analytics with Gorilla's data center vision [6][7]. Strategic Positioning - The investment strengthens Gorilla's position in India's rapidly growing AI-ready digital infrastructure market, unlocking immediate technology advantages for GPU-rich data centers and smart cities [3][5]. - The partnership is seen as transformational for India and aims to create a global blueprint for AI infrastructure deployment [7].

JEF INVESTIGATION: Jefferies Financial Group Inc. Securities Fraud Investigation is Pending, Investors Notified to Contact BFA LawDecember 08, 2025 8:08 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 8, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Jefferies Financial Group Inc. (NYSE: JEF) and Point Bonita Capital for potential violations of the federal securities laws after SEC probe is revealed.If you in ...

MLTX CLASS NOTICE: MoonLake Immunotherapeutics Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by December 15December 08, 2025 8:08 AM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 8, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against MoonLake Immunotherapeutics (NASDAQ: MLTX) and certain of the Company's senior executives for potential violations of the federal se ...

Core Viewpoint - A class action lawsuit has been filed against CarMax, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - Investors have until January 2, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Maryland [3]. - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of CarMax investors [3]. Group 2: Financial Performance - CarMax reported disappointing financial results for Q2 of fiscal year 2026, including a 5.4% decline in retail used unit sales, a 6.3% decline in comparable store used unit sales, and a 2.2% decline in wholesale units [6]. - The company's net income for Q2 was approximately $95.4 million, down from $132.8 million in the previous year [6]. Group 3: Stock Price Impact - Following the announcement of disappointing financial results on September 25, 2025, CarMax's stock price dropped by $11.45 per share, or roughly 20%, from $57.05 to $45.60 [7]. - The unexpected departure of CEO Bill Nash on November 6, 2025, along with a weak preliminary Q3 outlook, led to an additional stock price drop of over 24% [7]. Group 4: Company Operations - CarMax's claims of strong and sustainable demand for its cars were allegedly misleading, as the demand surge was primarily due to customers purchasing vehicles before the imposition of U.S. tariffs [4]. - The law firm BFA is also investigating whether CarMax properly assessed or reserved for its portfolio of car loans following the CEO's departure [5].

Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for securities fraud, following a significant stock drop attributed to potential violations of federal securities laws [2][4]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [5]. Allegations and Financial Performance - The lawsuit claims that during the relevant period, James Hardie misled investors about the strength and momentum of its North American fiber cement segment, which was actually driven by inventory loading rather than sustainable customer demand [6]. - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, revealing that customers were destocking to return to normal inventory levels, which led to a stock price drop of over 34% from $28.43 to $18.64 per share [7]. Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO [8].

Core Viewpoint - A class action lawsuit has been filed against Inspire Medical Systems, Inc. for securities fraud following a significant stock drop due to alleged violations of federal securities laws [2][4]. Company Overview - Inspire Medical Systems, Inc. develops and manufactures an implantable medical device for the treatment of sleep apnea, with the latest version being Inspire V, which received FDA approval on August 2, 2024 [5]. Allegations and Issues - The lawsuit claims that Inspire misled investors by assuring them that all necessary steps were taken for the launch of Inspire V, while in reality, the company failed to prepare clinicians and payors adequately, leading to delays in adoption [6][7]. - The launch faced weak demand as many customers had excess inventory of older devices, which contributed to the poor market reception of Inspire V [7]. Stock Performance - On August 4, 2025, Inspire disclosed that the launch of Inspire V would take longer than expected, resulting in a reduction of its 2025 earnings per share guidance by over 80% [8]. - Following this announcement, Inspire's stock price fell by $42.04 per share, a decline of more than 32%, dropping from $129.95 to $87.91 between August 4 and August 5, 2025 [9].

Core Viewpoint - Beyond Meat, Inc. is under investigation for potential violations of federal securities laws, particularly concerning the inflation of the value of certain long-lived assets [1][3]. Company Operations - Beyond Meat specializes in plant-based meat alternatives and underwent a global operations review in late 2023, during which it depreciated certain long-lived assets [2]. Financial Performance - On October 24, 2025, Beyond Meat announced an expected non-cash impairment charge for the three months ended September 27, 2025, related to long-lived assets, which was anticipated to be material [4]. - The company's stock price fell approximately 23%, from $2.84 per share on October 23, 2025, to $2.185 per share on October 24, 2025, following this announcement [4]. - On November 3, 2025, Beyond Meat delayed its earnings announcement for Q3 2025 to complete the impairment review, leading to further declines in stock price [5]. - The Q3 2025 earnings report, released on November 10, 2025, revealed operational losses of $112.3 million, which included $77.4 million in non-cash impairment charges related to long-lived assets [5].