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TAG Oil Provides Financial Results and Operating Updates for Q2-2025
Newsfile· 2025-08-29 22:53
Financial Performance - As of June 30, 2025, the company reported C$5.3 million in cash and cash equivalents, an increase from C$3.2 million as of March 31, 2025 [2] - Working capital was C$4.9 million, slightly down from C$5.0 million in the previous quarter [2] - The company has no debt [2] Production and Operations - During the quarter ending June 30, 2025, the Badr Oil Field ("BED-1") wells produced an average of 110 barrels of oil per day [2] - Crude oil sales for the same period averaged 91 barrels of oil per day [2] Strategic Initiatives - The company is participating in an open bid for a strategic asset acquisition in Egypt, with the process scheduled to close on September 30, 2025 [3] - TAG Oil is seeking to secure an industry partner to accelerate further drilling at the BED-1 field, with Expressions of Interest from qualified parties due by September 30, 2025 [3] Company Overview - TAG Oil is a Canadian-based international oil and gas exploration company focused on operations and opportunities in the Middle East and North Africa [4]
Goldshore Announces Filing of Q2 Financial Statements and Provides Second Quarter Corporate Highlights
Newsfile· 2025-08-29 22:43
Goldshore Announces Filing of Q2 Financial Statements and Provides Second Quarter Corporate HighlightsAugust 29, 2025 6:44 PM EDT | Source: Goldshore Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce that it has filed its second quarter interim financial statements and the accompanying Management's Discussion and Analysis ("MD&A") which are availa ...
Delota Reports Financial Results for the Three Months Ended June 30, 2025
Newsfile· 2025-08-29 22:30
Core Viewpoint - Delota Corp. reported strong financial results for Q1 2026, achieving $10 million in revenue and positive Adjusted EBITDA of $351,000, marking the ninth consecutive quarter of positive Adjusted EBITDA and reflecting operational efficiencies and strategic growth initiatives [4][6][7]. Financial Highlights - Total revenue for Q1 2026 was $10,043,670, an increase from $9,883,883 in Q1 2025, representing a growth of approximately 1.6% [7][10]. - The gross profit margin for Q1 2026 was 36%, down from 40% in Q1 2025 [6][7]. - Positive Adjusted EBITDA for Q1 2026 was $351,800, compared to $105,366 in Q1 2025, indicating significant improvement [7][14]. - Revenue segmentation for Q1 2026 included: - Vape - B2C: $7.7 million - Vape - B2B: $1.4 million - Cannabis - B2C: $1.0 million [6][7]. Other Highlights - The company completed the early redemption of $900,000 in senior secured convertible debentures, enhancing its balance sheet [4][6]. - Delota has a customer base exceeding 300,000 registered accounts across its online and physical retail platforms [6][15]. - The company is focused on expanding its retail footprint and enhancing its e-commerce platform as part of its growth strategy [15].
DelphX Announces Non-Brokered Unit Private Placement
Newsfile· 2025-08-29 22:10
Group 1 - DelphX Capital Markets Inc. has closed a non-brokered private placement of 5,000,000 units at a subscription price of C$0.05 per unit, resulting in gross proceeds of C$250,000 [1] - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the purchase of one common share at a price of $0.08 for two years [1] - Insiders subscribed for 200,000 units, qualifying the offering as a "related party transaction" under MI 61-101, but exemptions from formal valuation and minority approval were utilized [2] Group 2 - The offering has been conditionally accepted by the TSX Venture Exchange, with completion subject to customary requirements and final acceptance [3] - The net proceeds from the offering will be used for general corporate purposes [3] Group 3 - DelphX focuses on developing and distributing next-generation structured products, including collateralized put options (CPOs) and collateralized reference notes (CRNs) [4][6] - CPOs provide secured rating downgrade protection for corporate bonds and cryptocurrency holdings, while CRNs offer capped exposure to rating downgrades and cryptocurrency losses in exchange for attractive returns [6]
Kadestone Capital Corp. Reports Q2 2025 Financial Results
Newsfile· 2025-08-29 21:40
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - Kadestone Capital Corp. (TSXV: KDSX) (OTCQB: KDCCF) ("Kadestone" or the "Company"), a vertically integrated property company, today announced its financial results for the six months ended June 30, 2025.Financial Results For the six months ended June 30, 2025, the Company reported a net loss of $2,485,124, or $0.05 per share, compared to a net loss of $1,703,048, or $0.04 per share, for the same period in the prior year. The increased loss w ...
Enduro Metals Announces Extension to Deadline to Complete Second Tranche of Financing
Newsfile· 2025-08-29 21:00
Group 1 - Enduro Metals Corporation has received a 30-day extension from the TSX Venture Exchange to complete the final documentation for its non-brokered private placement offering, now due by September 29, 2025 [1] - The first tranche of the financing was successfully closed on August 19, 2025, raising a total of $2,730,477 [1] - The company is currently finalizing the closing process for the second and final tranche, with all orders already received [1] Group 2 - Enduro Metals is focused on its Newmont Lake Project, which spans a total area of 688 km² located in British Columbia's Golden Triangle [2] - The geological team has identified multiple deposit environments of interest within the Newmont Lake Project, including high-grade epithermal/skarn gold and copper-gold alkalic porphyry mineralization [2]
Ciscom Corp. Announces Business and Corporate Updates
Newsfile· 2025-08-29 21:00
Business Updates - Prospect Media Group ("Prospect") is enhancing client solutions through proprietary data and analytic tools such as Shopography and Mixography, aiming to maximize results and deliver the best ROI for clients [2] - Prospect has added 7 new clients by the end of August 2025, focusing on revenue growth and accelerating AI tools as part of its digital and analytic growth mandates [3] Corporate Developments - The Company is working to strengthen its Board of Directors by identifying strategic areas for additional expertise, particularly in growing Prospect and fueling Ciscom's acquisition strategy [4] - The Board has decided to vacate the Chair seat held by Paul Gaynor, who will remain an independent director and a member of the audit committee [4] Company Overview - Ciscom Corp. actively invests in, acquires, and manages companies in the Information and Communication Technology (ICT) sector, specializing in AdTech and MarTech, targeting SMEs with proven profitability [5] - The Company aims to enhance shareholder value through strategic ICT acquisitions and is recognized as an emergent force in the data-driven and technology market [5] - Ciscom became an issuer on the CSE in June 2023 and on the OTCQB in October 2023, with two subsidiaries: Market Focus Direct and Prospect Media Group [5]
37 Capital Closes First Tranche of Private Placement
Newsfile· 2025-08-29 21:00
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - 37 Capital Inc. (CSE: JJJ) ("37 Capital" or the "Company"). Further to the Company's new releases dated July 23, 2025 and July 30, 2025, the Company has closed the first tranche of the equity financing for total gross proceeds of $178,500 and issued 2,550,000 units at the price of $0.07 per unit. Each unit consists of one common share of the Company and one share purchase warrant to acquire one common share of the Company at a price of $0.10 ...
Eguana Announces Second Quarter 2025 Financial Results
Newsfile· 2025-08-29 20:30
Core Viewpoint - Eguana Technologies Inc. reported significant financial growth in Q2 2025, driven by increased utility engagements and favorable changes in investment tax credit rules in the USA, positioning the company for further advancements in energy storage technology [3][4]. Financial Performance - Q2 2025 revenue reached $0.9 million, marking a 426% increase compared to Q2 2024, with total revenue for the first half of 2025 at $1.9 million, a 407% increase from $0.5 million in the same period last year [4]. - Gross margin for Q2 2025 was approximately $424,934, representing a 44% improvement from a negative gross margin of $62,781 in Q2 2024, with a total gross margin of $886,108 for the first half of 2025, reflecting a 46% improvement [4]. - The operating loss for Q2 2025 was $698,385, a reduction from $1,590,267 in Q2 2024, while the net loss for the first half of 2025 was $1,263,835, a 58% improvement from $3,116,992 in the same period last year [4]. Business Developments - The company is actively engaging in utility projects across Canada, with ongoing and planned projects in British Columbia, Alberta, Ontario, and Nova Scotia, utilizing Canadian technology to enhance the distributed grid [3]. - Eguana has successfully entered the California demand response market and is continuing shipments to its Western Canadian utility partner for feeder improvement projects, with new orders anticipated in Q4 [5]. - The company has been awarded a development contract supported by federal and municipal funds to enhance the Eguana Edge platform and demonstrate solutions in commercial building applications [13]. Strategic Partnerships - Eguana has partnered with ITOCHU Corporation to extend the end date of its convertible debenture to November 30, 2025, allowing for further negotiations on a long-term solution [4]. - A partnership with a US-based provider of third-party finance for utility infrastructure is being developed, aimed at eliminating capital requirements for utilities and homeowners [13].
Intrepid Metals Amends Property Agreements
Newsfile· 2025-08-29 20:20
Group 1: Agreements and Amendments - Intrepid Metals Corp. has entered into the CC Amendment to acquire 100% of Cave Creek's shares, extending cash payments to November 30, 2025, with an increased payment amount of $435,487.50 and issuance of 38,725 common shares and 220,000 warrants [1][3] - The Mesa Amendment restructures the work commitment for the Mesa Well Copper Property, requiring a total of $2 million in work to be completed by August 2027, eliminating yearly expenditure minimums, with additional cash payments and common shares to be issued upon TSXV approval [2][3] Group 2: Company Overview - Intrepid Metals Corp. focuses on exploring high-grade essential metals such as copper, silver, and zinc in southeastern Arizona, with several drill-ready projects including the Corral Copper Project and the Mesa Well Project [4]