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].

JHX CLASS NOTICE: James Hardie Industries plc Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by December 23December 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 class action lawsuit has been filed against James Hardie Industries plc (NYSE: JHX) and certain of the Company's senior executives for securities fraud after a sign ...

INSP CLASS NOTICE: Inspire Medical Systems, Inc. Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by January 5December 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 class action lawsuit has been filed against Inspire Medical Systems, Inc. (NYSE: INSP) and certain of the Company's senior executives for securities fraud after a ...

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].