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LRN CLASS NOTICE: Stride, Inc. Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by January 12
Newsfile· 2025-12-08 13:08
LRN CLASS NOTICE: Stride, Inc. Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by January 12December 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 Stride, Inc. (NYSE: LRN) and certain of the Company's senior executives for securities fraud after significant stock drops resulting fro ...
SNPS CLASS NOTICE: Synopsys, Inc. Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by December 30
Newsfile· 2025-12-08 13:08
Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, captioned Kim v. Synopsys, Inc., et al., No. 3:25-cv-09410 [3]. - Investors have until December 30, 2025, to request to be appointed to lead the case [3]. Group 2: Company Performance - Synopsys provides design automation software products, with its Design IP segment being the fastest-growing, increasing from 25% of revenue in 2022 to 31% in 2024 [4]. - The company reported Q3 2025 results showing a revenue decline in the Design IP segment to $425.9 million, a 7.7% year-over-year decrease, and a net income of $242.5 million, down 43% year-over-year [6]. Group 3: Market Reaction - Following the Q3 2025 financial results, Synopsys stock fell from $604.37 per share to $387.78 per share, a decline of nearly 36% [6]. - The decline was attributed to customers requiring more customization for IP components, which negatively impacted the economics of the Design IP business [5][6].
FCX CLASS NOTICE: Freeport-McMoRan Inc. Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by January 12
Newsfile· 2025-12-08 13:08
Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [2][4]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, titled Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. - Investors have until January 12, 2026, to request to lead the case [4]. Group 2: Company Operations and Safety Claims - Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices [5][6]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent fatal incidents [5]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [7]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% and 6% decrease in copper and gold sales, the stock fell by $7.69 per share (almost 17%) [8]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [10]. - An Indonesian news report on September 28, 2025, suggested the incident was preventable, further impacting investor confidence [11].
Olive Resource Capital Provides Update on Investments for November 2025
Newsfile· 2025-12-08 13:00
Toronto, Ontario--(Newsfile Corp. - December 8, 2025) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to provide investors an update on its investments for the period ending November 30, 2025.Table 1: Olive's Investment PortfolioNameTickerSectorCategory (Audited)Value Dec 31, 2024(Unaudited)Value Sep 30, 2025(1)(Unaudited)Value Nov 30, 2025(1)Omai Gold Mines Corp.(2)OMG.vPrecious MetalsPublic Equity$456,720 $3,379,050 $3,253,900 Black Sheep Ventures Inc.PrivateReal EstatePriv ...
Metalsource Mining Commences 1,600-Meter Drill Program at Silver Hill and Byrd-Pilot Projects
Newsfile· 2025-12-08 13:00
Core Viewpoint - Metalsource Mining Inc. has initiated a 1,600-meter diamond drilling program at its Silver Hill and Byrd-Pilot projects, aiming to explore and validate mineralization in these areas [1][4]. Group 1: Drilling Program Details - The drilling program will focus on near-surface mineralization that has not been explored with modern techniques, guided by historic underground mapping and recent sampling results [3][4]. - The program employs a dual-target approach, validating historic mineralization at Byrd-Pilot while targeting expansion at Silver Hill [4][7]. - The drilling operations are expected to continue through Q1 2026, with results released as they become available [7][13]. Group 2: Project Specifics - The Silver Hill Project, located in North Carolina, has a significant historical dataset, with mineralization extending to 550 meters from the surface, including recent surface sampling results of 444 g/t Ag, 17.7 g/t Au, 8.61% Pb, and 0.507% Zn [8]. - The Byrd-Pilot Mountain Project has shown potential for a large epithermal or porphyry-related gold system, with mineralization open in multiple directions and oxidation noted down to 30 meters [9][13]. Group 3: Technical and Operational Aspects - The integration of magnetotelluric (MT) survey data will enhance subsurface characterization and support drill targeting [7][13]. - Boart Longyear has been engaged as the drilling contractor, and multiple drill sites have been prepared to ensure efficient program execution [7][13].
Stuhini Announces Retirement of Founder & Chairman David O'Brien from Board of Directors
Newsfile· 2025-12-08 13:00
Stuhini Announces Retirement of Founder & Chairman David O'Brien from Board of DirectorsDecember 08, 2025 8:00 AM EST | Source: Stuhini Exploration Ltd.Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Stuhini Exploration Ltd. (TSXV: STU) (OTCQB: STXPF) (WKN: A2PLBV) ("Stuhini" or the "Company") announces that David O'Brien did not stand for re-election at the Company's recent Annual General Meeting and has formally retired from the Board of Directors.Mr. O'Brien founded Stuhi ...
ImagineAR Announces Termination of Agreements for Niagara Immersive Center Project
Newsfile· 2025-12-08 13:00
Core Points - ImagineAR Inc. has announced the termination of agreements related to the Niagara Immersive Center project due to current economic and market conditions [1][2] - The termination is effective immediately, and no installation or development work had commenced under the agreements [3] - The Owner/Customer cited heightened economic uncertainty, increased financing risk, and tariff-related cost pressures as reasons for the project's infeasibility [2][3] - The Owner/Customer clarified that the termination does not reflect on ImagineAR's capabilities or professionalism [2] - There is a possibility for future engagement if economic conditions improve, but no commitment is implied [3] - Any previously paid non-refundable deposit will be credited towards a potential future engagement, subject to new agreement negotiations [4] - ImagineAR has confirmed that no outstanding obligations remain under the terminated agreements [4] Company Overview - ImagineAR Inc. is an augmented reality platform that allows businesses to create and implement AR immersive campaigns without requiring programming or technology experience [5] - The company’s subsidiary, FameDays, develops immersive entertainment centers that integrate AR/AI and interactive technology [5] - These large-scale venues aim to redefine storytelling by combining pre-rendered visuals, augmented reality overlays, and real-time interactivity [5]
Snow Lake Receives FIRB Approval for the Acquisition of Global Uranium and Enrichment Limited and its Investment in Ubaryon
Newsfile· 2025-12-08 12:30
Core Viewpoint - Snow Lake Resources Ltd. has received FIRB approval for the acquisition of 100% of Global Uranium and Enrichment Limited and a 21.9% interest in Ubaryon Pty Ltd, marking a significant step in expanding its capabilities in the nuclear fuel cycle [1][3][6]. Acquisition Details - The acquisition of Global Uranium and Enrichment Limited (GUE) was initially announced on October 6, 2025, and is expected to be completed in early 2026 [1][4]. - Snow Lake became a cornerstone 19.9% investor in GUE in March 2025 and is a joint venture partner to acquire 100% of the Pine Ridge Uranium Project in Wyoming [4][6]. Strategic Partnerships - Urenco has also received FIRB approval for a A$5 million investment in Ubaryon for a 13% interest, which is expected to assist in the commercialization of Ubaryon's technology [3][8]. - Ubaryon is developing a unique uranium enrichment technology that simplifies the enrichment process by eliminating the need for conversion and deconversion of uranium [9]. Industry Alignment - The development of U.S. focused capabilities across the nuclear fuel cycle aligns with U.S. Administration policies aimed at enhancing national, economic, and energy security [4]. - Snow Lake's investments in uranium assets and next-generation enrichment technology position the company strategically within the nuclear fuel supply chain [10].
Contango ORE and Dolly Varden Silver Announce Merger to Create a New North American High-Grade, Mid-Tier Silver & Gold Producer and Developer
Newsfile· 2025-12-08 12:30
Contango ORE and Dolly Varden Silver Announce Merger to Create a New North American High-Grade, Mid-Tier Silver & Gold Producer and DeveloperDecember 08, 2025 7:30 AM EST | Source: Dolly Varden Silver CorporationFairbanks, Alaska and Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Contango ORE, Inc. (NYSE American: CTGO) ("Contango" or the "Company") and Dolly Varden Silver Corporation (TSXV: DV) (NYSE American: DVS) (FSE: DVQ) ("Dolly Varden") are pleased to announce that t ...
Thunder Gold Phase Three Drill Results Demonstrate Broad, Consistent Mineralization at Tower Mountain
Newsfile· 2025-12-08 12:30
Core Insights - Thunder Gold Corp. announced complete results from the Phase Three drill program at the Tower Mountain Gold Property, indicating significant mineralization potential west of the Tower Mountain Intrusive Complex (TMIC) [1][3][23] - The drilling results confirm the scalability and continuity of mineralization, with all seven holes at the 3738 Target intersecting mineralization as predicted [3][11][23] Summary by Sections Drill Program Results - The Phase Three drilling program consisted of twelve holes totaling 2,164 meters, with an estimated cost of less than C$300 per meter [10][23] - At the 3738 Target, seven holes (1,633 meters) were completed, all intersecting mineralization at expected grades [3][11] - Significant intercepts included 1.83 g/t Au over 18.0 meters and 0.53 g/t Au over 181.5 meters among others [8][23] Mineralization Potential - The 3738 Target breccia channel measures 150 to 200 meters in true width and shows consistent gold grades, remaining open along strike and down dip [6][23] - The Bench-3738-Ellen trend covers an area of 800 meters x 200 meters x 300 meters, with only 30% drill-tested, indicating substantial resource expansion opportunities [6][23] Infrastructure and Cost Efficiency - The proximity to Thunder Bay and existing infrastructure allows for one of the lowest discovery costs in Canada, enhancing the project's economic viability [4][23] - Internal modeling suggests that the current mineralization can be extracted without impacting existing infrastructure routes [4][23] Future Exploration and Resource Estimates - All necessary exploration permits are valid through 2028, allowing for continued exploration and resource definition [6][23] - The results from Phase Three will be incorporated into a Mineral Resource Estimate being prepared by Micon International Ltd. [3][11] Company Overview - Thunder Gold Corp. is focused on advancing the Tower Mountain Project, which is characterized by its scale, consistency, and potential for a long-life, open-pit operation [41] - The company aims to unlock a discovery that could transform the gold project landscape in Canada, delivering long-term value for shareholders [42]