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MRX FINAL DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages Marex Group plc Investors with Losses in Excess of $100K to Secure Counsel Before Important December 8 Deadline in Securities Class Action - MRX
Newsfile· 2025-12-05 18:17
Core Viewpoint - Rosen Law Firm is encouraging investors of Marex Group plc who incurred losses exceeding $100,000 during the specified class period to seek legal counsel before the December 8, 2025 deadline for lead plaintiff applications [1][2]. Group 1: Legal Action Details - The class period for the securities of Marex Group plc is defined as between May 16, 2024, and August 5, 2025 [1]. - Investors who purchased Marex securities during this period may be eligible for compensation without any upfront costs through a contingency fee arrangement [2]. - To participate in the class action, investors must apply to the court by December 8, 2025, to serve as lead plaintiff, representing other class members [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for settlements in 2017 [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [4]. Group 3: Case Allegations - The lawsuit alleges that during the class period, Marex made materially false and misleading statements, including selling over-the-counter financial instruments to itself and inconsistencies in financial statements [5]. - It is claimed that these misrepresentations led to investors suffering damages when the true details became public [5].
Canadian Gold Corp. Announces Shareholders Approve Arrangement with McEwen
Newsfile· 2025-12-05 17:01
Core Viewpoint - Canadian Gold Corp. has received overwhelming shareholder approval for its business combination with McEwen Inc., which is set to be completed through a statutory plan of arrangement under the Business Corporations Act of British Columbia [1][2]. Shareholder Approval - The Arrangement was approved by 99.998% of the votes cast by shareholders present in person or represented by proxy at the Meeting [2] - Additionally, 99.996% of disinterested shareholders voted in favor of the Arrangement, excluding 79,681,855 votes held by interested parties [2] - The total votes in favor represented approximately 64.79% of Canadian Gold's total issued and outstanding common shares [2] Arrangement Details - Under the terms of the arrangement agreement dated October 10, 2025, each holder of a common share of Canadian Gold will receive 0.0225 common shares of McEwen for each Canadian Gold Share held [3] - Canadian Gold has obtained conditional approval from the TSX Venture Exchange for the Arrangement, pending customary conditions [4] Timeline and Conditions - The final order from the British Columbia Supreme Court is anticipated around December 10, 2025, with the Arrangement expected to close on or about January 5, 2026, if all necessary approvals are obtained [5] - Completion of the Arrangement is subject to customary conditions, including court and stock exchange approvals [5] Company Background - Canadian Gold Corp. is focused on expanding the high-grade gold resource at the Tartan Mine in Flin Flon, Manitoba, which has a 2017 indicated mineral resource estimate of 240,000 oz gold [6] - The company also holds a 100% interest in exploration properties in Ontario and Quebec, adjacent to major gold mines [6] - McEwen holds a 5.6% interest in Canadian Gold, with Robert McEwen holding a 32.5% interest [6]
Austral Gold Provides 2026 Production Guidance
Newsfile· 2025-12-05 16:59
HIGHLIGHTSConsolidated FY2026 production guidance: 26,000 to 30,000 gold-equivalent ounces (GEOs).Guanaco Mine (Chile): 15,000-17,000 GEOs primarily from the heap-reprocessing project.Casposo Mine (Argentina): 11,000-13,000 GEOs, based on six months of operations using Casposo-owned ore. During the other six months, the Casposo Plant is scheduled to process Hualilan ore under quarterly toll campaigns agreed with Challenger Gold under the toll-processing-agreement.Sydney, Australia--(Newsfile Corp. - Decemb ...
Mary Macleod's Shortbread Named Toronto's Favourite Holiday Cookie in Toronto Star's "Rumble in the Crumble" Vote
Newsfile· 2025-12-05 16:51
Mary Macleod's Shortbread Named Toronto's Favourite Holiday Cookie in Toronto Star's "Rumble in the Crumble" VoteDecember 05, 2025 11:51 AM EST | Source: Mary Macleod's ShortbreadToronto, Ontario--(Newsfile Corp. - December 5, 2025) - Mary Macleod's Shortbread announced today that it has been recognized as Toronto's favourite holiday cookie following the final results of the Toronto Star's "Rumble in the Crumble" competition. The reader-driven contest invited the public to vote for their prefe ...
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of StubHub
Newsfile· 2025-12-05 16:25
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against StubHub Holdings, Inc. due to allegations of misleading information in their registration statement during the IPO process, which has led to significant financial losses for investors [2][5]. Group 1: Company Overview - StubHub conducted its IPO on September 17, 2025, selling approximately 34 million shares of Class A common stock at a price of $23.50 per share [6]. - By the commencement of the legal action, StubHub's stock had declined to as low as $10.31 per share, representing a nearly 56% decrease from the IPO price [9]. Group 2: Financial Performance - In the third quarter of 2025, StubHub reported a free cash flow of negative $4.6 million, which is a 143% decrease compared to the positive free cash flow of $10.6 million in the same period the previous year [7]. - The company's net cash provided by operating activities was only $3.8 million, reflecting a 69.3% decrease from the $12.4 million reported in the prior year [7]. - The decline in free cash flow was attributed to changes in the timing of payments to vendors, which was not disclosed to investors [8]. Group 3: Legal Action - A federal securities class action has been filed against StubHub, with a deadline of January 23, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that the registration statement was materially false and misleading, failing to disclose adverse facts about the company's business and operations [5].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Synopsys
Newsfile· 2025-12-05 16:21
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Synopsys To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Synopsys between December 4, 2024 and September 9, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(Newsfile Corp. - December 5 ...
BrandPilot AI Announces Closing of Debt Settlement and Grant of Options and Restricted Share Units
Newsfile· 2025-12-05 15:39
BrandPilot AI Announces Closing of Debt Settlement and Grant of Options and Restricted Share UnitsDecember 05, 2025 10:39 AM EST | Source: BrandPilot AI Inc.Toronto, Ontario--(Newsfile Corp. - December 5, 2025) - BrandPilot AI Inc. (CSE: BPAI) ("BrandPilot" or the "Company") is pleased to announce that it has issued an aggregate of 690,910 units of the Company (each, a "Debt Settlement Unit") at a deemed price of $0.025 per Debt Settlement Unit to settle an outstanding debt totaling $17,272.75 ...
Exploits Completes Sale of Newfoundland Claims to New Found Gold
Newsfile· 2025-12-05 14:21
Core Viewpoint - Exploits Discovery Corp. has completed the sale of its mineral claims in Newfoundland to New Found Gold Corp., allowing the company to focus on its gold projects in Québec and Ontario, which host approximately 680,000 ounces of historical gold resources [1][2]. Transaction Details - The sale involved a 100% interest in substantially all mineral claims in central Newfoundland, with the transaction initially announced on September 8, 2025 [1]. - As part of the consideration, Exploits received 2,821,556 common shares of New Found Gold, valued at approximately $11.8 million based on a closing price of $4.18 per share on December 4, 2025 [6]. - Additionally, contingent consideration includes 725,543 shares of New Found Gold, potentially worth around $3.0 million, subject to a positive court determination regarding certain disputed mineral claims [3]. Strategic Focus - The company is now positioned as a gold growth entity, emphasizing its portfolio in Québec and Ontario, which includes four cornerstone projects: Fenton, Wilson, Benoist, and Hawkins [9][10]. - The historical gold resources in these projects are estimated at approximately 680,000 ounces, with significant potential for expansion and multiple drill-ready targets [9][10]. Financial Position - Following the transaction, Exploits has a treasury of approximately $13 million in cash and New Found Gold shares, enhancing its ability to advance its gold projects [7]. Royalty Agreement - Exploits has been granted a 1.0% net smelter returns royalty on certain mineral claims as part of the Royalty Agreement with New Found Gold [6][4].
AITX Reaffirms Strong Disclosure Practices and Clarifies How Its Corporate News Is Distributed
Newsfile· 2025-12-05 14:21
Core Viewpoint - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), emphasizes its commitment to strong disclosure practices and clarifies how its corporate news is distributed, ensuring investors have direct access to updates through its website and YouTube channel [1][6]. Disclosure Practices - AITX confirms that all news releases are published through established distribution partners and are accessible on its official website, aitx.ai [1][3]. - The company continues to submit all required SEC filings, including 8-K, 10-Q, and 10-K reports, through the EDGAR system, maintaining transparency in its regulatory record [3]. Communication Channels - AITX is enhancing direct communication with investors through near-daily email updates and weekly video briefings on its YouTube channel, providing reliable information on product launches and operational milestones [6]. - The company encourages investors to connect directly with them to stay informed, especially if announcements are not visible on certain brokerage platforms [5]. Industry Position - AITX, through its subsidiary Robotic Assistance Devices, Inc. (RAD), is innovating within the nearly $50 billion security and guarding services industry, offering AI-driven solutions that can reduce costs for businesses by 35%-80% compared to traditional manned security [8]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue as it converts sales opportunities into deployed clients [11]. Operational Integrity - AITX's operations have been validated through a successful SOC 2 Type 2 audit, reinforcing its credibility with enterprise and government clients who require strict data protection and security compliance [9]. Leadership and Expertise - The leadership team at AITX, including CEO Steve Reinharz, brings extensive experience in the security services industry, enhancing the company's ability to deliver innovative solutions [10].
New Found Gold Completes Queensway Gold Project Expansion; Grants Restricted Share Units
Newsfile· 2025-12-05 14:20
Core Viewpoint - New Found Gold Corp. has successfully completed the acquisition of a 100% interest in mineral claims in Newfoundland and Labrador, expanding its Queensway Gold Project by up to 31% to a total of 230,225 hectares [1][2]. Group 1: Acquisition Details - The acquisition includes mineral claims previously held by Exploits Discovery Corp., which adjoin New Found Gold's existing Queensway Gold Project [1]. - As part of the acquisition, New Found Gold issued 2,821,556 common shares to Exploits and granted a 1% net smelter returns royalty on certain mineral claims [2][3]. - The company will issue an additional 725,543 shares to Exploits following a positive final determination by the Supreme Court of Newfoundland and Labrador regarding disputed mineral claims [2]. Group 2: Project Expansion and Exploration Plans - The expansion consolidates a district-scale land package of over 110 kilometers along two major fault zones, the Appleton and the JBP [2]. - New Found Gold has outlined a significant initial mineral resource with robust preliminary economics at the AFZ Core and plans to commence exploration on the new landholdings [2][7]. - Recent drilling has yielded new discoveries, indicating the camp-scale potential at Queensway [2][7]. Group 3: Company Overview - New Found Gold is an emerging Canadian gold producer with a focus on advancing the Queensway project and bringing the Hammerdown Operation into steady-state gold production [6]. - The company has a new board of directors and management team, with a solid shareholder base including cornerstone investor Eric Sprott [8].