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Military Metals Announces Closing of Fully Subscribed LIFE Offering
Newsfile· 2025-12-04 23:46
Core Viewpoint - Military Metals Corp. has successfully closed a non-brokered private placement, raising approximately $2.99 million through the issuance of 8,332,888 units at a price of $0.36 per unit, indicating strong market interest in its exploration strategy in Slovakia [1][3]. Group 1: Offering Details - The private placement consisted of units, each comprising one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.55 for twelve months [2]. - A lead order of $1.5 million was received from a European investor, highlighting significant interest in the company's projects [3]. - The company paid a cash finder's fee of $49,321 and issued 137,003 finder's warrants, also exercisable at $0.55 for twelve months [4]. Group 2: Use of Proceeds - Proceeds from the offering will be allocated towards technical work, including a Preliminary Economic Assessment for the Trojarová antimony-gold project and infill drilling [6]. Group 3: Regulatory Compliance - The units were issued under the Listed Issuer Financing Exemption, allowing sales to purchasers in all Canadian provinces except Quebec, and are not subject to a hold period under Canadian securities laws [5].
A21 and Compassion International Launch Joint Initiative to Combat Sexual Exploitation of Children
Newsfile· 2025-12-04 23:32
Core Insights - A21 and Compassion International are launching a multi-year initiative to combat sexual exploitation of children in Thailand, focusing on equipping over 2500 community changemakers [1][2][3] Group 1: Initiative Details - The initiative aims to equip 2000 youth, 168 church leaders, and 500 mentors with knowledge and skills to prevent exploitation and human trafficking [2] - The program will serve as a catalyst for a youth-driven movement towards community safety and transformation [2] - A21 and Compassion will collaborate with local stakeholders, including community leaders and government officials, to maximize the project's impact [2][3] Group 2: Organizational Commitment - A21 emphasizes the importance of awareness in addressing vulnerability, which is the starting point for exploitation [2] - Compassion International prioritizes child protection and collaborates with organizations like A21 to build safer communities [4][5] - Both organizations share a commitment to ensuring that every child can grow up free, safe, and supported [5][7] Group 3: Context and Background - A UNICEF study revealed that approximately 400,000 youth in Thailand are victims of online sexual exploitation, representing 9% of children in the country [1] - In April 2025, Thailand's cabinet approved an amendment to the criminal code to increase penalties for offenses related to online sexual exploitation of children [3] - Compassion International has been active in child development and poverty alleviation since 1952, partnering with over 9,000 local churches [9]
American Pacific Closes Sale of the Palmer Copper-Zinc VMS Project to Vizsla Copper for $15 Million in Equity plus up to $15 Million in Milestone Payments
Newsfile· 2025-12-04 23:30
Core Viewpoint - American Pacific Mining Corp. has successfully closed the sale of the Palmer Copper-Zinc VMS Project to Vizsla Copper Corp. for a total of $15 million in equity and potential milestone payments of up to $15 million [1][2]. Transaction Details - The sale involved the transfer of all outstanding shares of Constantine Metal Resources Ltd. (CMR) to Vizsla Copper for 13,888,888 common shares valued at $15 million, with a deemed price of $1.08 per share [2]. - Vizsla Copper will make milestone payments of $5 million upon the disclosure of an updated mineral resource estimate and $10 million upon the commencement of commercial production at the Palmer Project [2]. Ownership and Reporting - Following the transaction, American Pacific holds 13,888,888 shares, representing 15.8% of the issued shares of Vizsla Copper, and is required to file an early warning report [3]. Future Plans - The CEO of American Pacific expressed confidence in Vizsla Copper's ability to advance the Palmer Project and create value for shareholders, while the company will focus on additional transactions to unlock value from its portfolio, particularly the Madison Copper-Gold project in Montana [4][7].
Gorilla Announces Delivery of CVR Payment Notice
Newsfile· 2025-12-04 22:45
Core Points - Gorilla Technology Group Inc. announced that holders of Class A contingent value rights (CVRs) will receive a distribution of ordinary shares, subject to the terms outlined in the Contingent Value Rights Agreement [1] - On November 18, 2025, 587,747 Earnout Shares were forfeited by Company Shareholders, which translates to 0.130382275 Ordinary Shares per Qualifying CVR Holder [2] - To become a Qualifying CVR Holder, a holder must submit a Valid Notice containing specific information; otherwise, the notice will be deemed invalid [3][4] Company Overview - Gorilla Technology Group Inc. is headquartered in London, UK, and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [5] - The company offers a variety of solutions across sectors such as Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [5] - Gorilla focuses on enhancing urban operations, security, and resilience through AI-driven products, including intelligent video surveillance and advanced cybersecurity technologies [6]
TVI Pacific Announces Board Changes
Newsfile· 2025-12-04 22:41
Core Viewpoint - TVI Pacific Inc. has appointed Edsel Abrasaldo to its board of directors, succeeding the late Johnny C. Felizardo, pending approval from the TSX Venture Exchange [1][2]. Company Overview - TVI Pacific Inc. is a Canadian resource company focused on mining projects in the Philippines, which is known for its rich mineral resources [4]. - The company holds a 30.66% equity interest in TVIRD, a Philippine corporation, which owns the Balabag gold/silver mine and is working towards ramping up production at the recently restarted Siana gold mine [4]. - TVIRD's project portfolio includes the 100%-owned Mapawa project (gold), a 60% indirect interest in the Mabilo project (copper-gold-iron skarn deposit), and a 60% interest in Agata Mining Ventures Inc. (nickel/iron DSO mine) [4]. New Board Member Profile - Edsel Abrasaldo, a licensed geologist, previously served as a board member and is currently the President of MRL Nickel Philippines, Inc., which operates the Agata Nickel Laterite mine [3]. - Abrasaldo has extensive mining experience, having worked on various projects including Pan de Azucar copper-gold, Agata gold, and Tapian-San Francisco copper-gold projects [3].
Carrier Connect Data Solutions Inc. Completes Acquisition of PureColo Inc.
Newsfile· 2025-12-04 22:34
Core Viewpoint - Carrier Connect Data Solutions Inc. has successfully completed the acquisition of PureColo Inc., enhancing its portfolio of Tier II/III data centers and expanding its operational footprint in Canada [1][3]. Group 1: Acquisition Details - The acquisition involved the issuance of 4,606,704 common shares and a cash payment of approximately $2,326,000 to PureColo's securityholders [2]. - The common shares are subject to escrow conditions, with 1/3 of the shares being released at four, eight, and twelve months post-acquisition [2]. - The cash consideration will be paid over a nine-month period and is subject to adjustments based on PureColo's debt covenants [2]. Group 2: Strategic Implications - The acquisition is expected to significantly increase Carrier's revenue and square footage, leveraging PureColo's industry relationships for further growth [3]. - Carrier aims to integrate PureColo's two data centers in Ottawa with its existing facilities in Vancouver and Perth, enhancing its scale and growth potential [3]. Group 3: Company Overview - Carrier Connect Data Solutions focuses on rolling up Tier II/III data centers internationally, providing co-location and data center solutions to various clients, including AI companies and small businesses [4]. - The company operates as a carrier-neutral organization, ensuring independence in its data center operations [4].
Carolina Rush Announces Closing of Private Placement
Newsfile· 2025-12-04 22:17
Core Viewpoint - Carolina Rush Corporation has successfully completed a non-brokered private placement offering, raising gross proceeds of approximately C$3.5 million through the issuance of 31,799,360 units at a price of C$0.11 per unit [1][3]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$0.16 for two years [2]. - The gross proceeds from the offering will be allocated for general working capital purposes [3]. - The company paid cash commissions totaling $7,821 and issued 71,100 broker warrants, each allowing the purchase of one common share at $0.16 for two years [4]. Group 2: Related Party Transaction - The offering included a related party transaction, where an insider acquired 3,845,454 units, and the company is relying on exemptions from certain valuation and minority shareholder approval requirements [5]. - The company did not file a material change report regarding the related party transaction at least 21 days prior to the offering's closing, which it considers reasonable for expeditious completion [5]. Group 3: Company Overview - Carolina Rush Corporation is focused on exploration in the Southeastern U.S., particularly advancing the Brewer Gold-Copper Project in South Carolina, which is under an Earn-In Option Agreement with OceanaGold Corporation [7]. - The Brewer project is noted for its large, underexplored system with near-surface Au-Cu epithermal mineralization and potential for deeper porphyry-style mineralization, located 13 km from OceanaGold's Haile Gold Mine, which has a production guidance of 170,000-200,000 ounces of gold for 2025 [7].
Corcel Exploration Closes Non-Brokered Private Placement
Newsfile· 2025-12-04 21:26
Core Viewpoint - Corcel Exploration Inc. has successfully closed a non-brokered private placement, raising CAD$2,102,723.64 through the issuance of 11,681,798 units at a price of $0.18 per unit, which will be utilized for exploration at the Yuma King Project and for working capital purposes [1][2]. Group 1: Offering Details - The Offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with warrants priced at $0.30 per share and valid for 24 months [1]. - The Company has the option to accelerate the expiry date of the warrants if the ten-day weighted average closing price of the shares reaches or exceeds $0.40 [1]. - Finders fees of $67,459.56 were paid, along with the issuance of 374,775 finders warrants, allowing the purchase of common shares at $0.30 until December 2, 2027 [2]. Group 2: Company Overview - Corcel Exploration is focused on acquiring and exploring mineral resources, particularly precious and base metals, across North America [6]. - The Company has a long-term lease for the Yuma King Copper-Gold project in Arizona, covering 3,200 hectares and including the historically productive Yuma Mine [6]. - Corcel also holds options for the Peak gold exploration project and has a 100% interest in the Willow copper project [6]. Group 3: Corporate Governance - Rosana Batista has been appointed as Corporate Secretary, bringing over 20 years of experience in business administration and governance [5]. - She has previously served as Corporate Secretary for Orogen Royalties Inc. and is a Chartered Governance Professional [6].
Smith & Wesson Brands, Inc. Reports Second Quarter Fiscal 2026 Financial Results
Newsfile· 2025-12-04 21:05
Core Insights - Smith & Wesson Brands, Inc. reported financial results for Q2 of fiscal 2026, showing solid profitability and operational efficiency despite a slight decline in net sales compared to the previous year [1][3][5]. Financial Performance - Q2 net sales were $124.7 million, a decrease of $5.0 million or 3.9% from the same quarter last year [5]. - Gross margin for Q2 was 24.3%, down from 26.6% in the comparable quarter last year [5]. - Adjusted EBITDAS for Q2 was $15.1 million, representing 12.1% of net sales, compared to $19.1 million or 15.0% of net sales in the same quarter last year [5][18]. - Net income for Q2 was $1.9 million, or $0.04 per diluted share, down from $4.5 million or $0.10 per diluted share in the prior year [5][12]. Operational Highlights - The company achieved operating cash flow of over $27 million in the quarter, reflecting strong operational efficiency [3]. - New products accounted for 38.7% of sales in the quarter, indicating the success of the company's innovation strategy [3]. - Distributor inventory declined by over 5% from the previous quarter and by 15% compared to October 2024, suggesting positive sell-through at retail [3]. Future Outlook - The company anticipates Q3 sales to be 8-10% higher than Q3 fiscal 2025 sales, with no significant impact from channel inventory [3]. - A quarterly dividend of $0.13 per share has been authorized, to be paid on January 2, 2026 [3]. Balance Sheet Overview - Total assets as of October 31, 2025, were $548.6 million, down from $559.6 million as of April 30, 2025 [11]. - Current liabilities decreased to $53.9 million from $66.6 million in the previous period [11]. Cash Flow Analysis - Net cash provided by operating activities was $27.3 million, an increase of $34.7 million compared to the same quarter last year [5][19]. - Free cash flow for Q2 was $16.3 million, a significant improvement from a negative free cash flow of $10.7 million in the prior year [19].
Toronto Stock Exchange, Emerge Commerce Ltd., The View from the C-Suite
Newsfile· 2025-12-04 20:55
Core Insights - Emerge Commerce Ltd. is a rapidly growing acquirer and operator of e-commerce brands, focusing on a diversified portfolio that includes subscription and marketplace sites [3] Group 1: Company Overview - Emerge Commerce Ltd. operates a network of e-commerce sites that provide access to various products, including pet products, premium meat, groceries, outdoor gear, and golf experiences [3] - The company's portfolio includes brands such as WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarnivoreClub.co, WagJag.com, and BeRightBack.ca [3] Group 2: Leadership Insights - Ghassan Halazon, the Founder and CEO, shares insights about the company's strategy and vision in a recent interview [1]