Core Insights - HIVE Digital Technologies Ltd. reported total revenue of $115.3 million for FY2025, with a significant contribution from digital currency mining and high-performance computing (HPC) services [6][3] - The company achieved adjusted EBITDA of $56.2 million, representing 48.7% of total revenue, despite a net loss of $3.0 million [6][3] - HIVE's Bitcoin production reached 1,414 Bitcoin, while HPC revenue grew approximately threefold year-over-year to $10.1 million [6][3] Financial Highlights - Total revenue for FY2025 was $115.3 million, with digital currency mining revenue at $105.2 million, down 5.2% year-over-year [6] - HPC/AI Cloud revenue was $10.1 million, a 194% increase from $3.4 million in FY2024 [6] - Gross operating margin was $25.1 million, equating to 21.8% [6] - General and administrative expenses rose to $16.6 million from $13.2 million in FY2024 due to increased staffing for global expansion [6] - Total digital currency assets were valued at $181.1 million, including 2,201 Bitcoin [6] Management Insights - The company expanded its operational hashrate from 4.5 EH/s to 6.3 EH/s, a 40% increase, despite challenges from the Bitcoin halving [7] - HIVE acquired 300 MW of hydro-powered green energy sites in Paraguay, enhancing its leadership in sustainable mining [7] - The company aims to scale its Bitcoin mining business to 25 EH/s by December 31, 2025, and continues to grow its Buzz HPC business [7] - HIVE transitioned its financial reporting from IFRS to US GAAP to align with strategic objectives and enhance comparability with U.S. peers [7] Q4 FY2025 Highlights - Q4 total revenue was $31.2 million, with digital currency mining revenue at $28.1 million, reflecting a 5.5% sequential increase [8] - General and administrative expenses for Q4 were $5.3 million, up from $4.6 million in Q3 FY2025 [8] - Bitcoin production in Q4 was 303 Bitcoin, down 6% sequentially due to increased hashrate difficulty [8] - Buzz HPC revenue reached a record $3.0 million in Q4, an 18.5% sequential increase [8]

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to provide an update on drill results from the 2024 drill program at its Oweegee Dome Porphyry Cu-Au-Mo-Ag Project in B.C.'s Golden Triangle. The 2024 program was funded and operated by Sanatana Resources (TSX: STA), see Sanatana Resources press release dated November 11, 2024). The program tested two targets on the property: a deep geophysical target (Junction target) and the shallow ...

Core Viewpoint - KWESST Micro Systems Inc. intends to change its name to DEFSEC Technologies Inc. to better reflect its focus on defense and public security technology, with the name change expected to take effect around June 30, 2025, subject to regulatory approval [2][3]. Company Developments - The name change coincides with the opening of a new, larger facility in Kanata North, Ottawa, which is more than twice the size of the previous location and aims to accommodate the company's rapid growth [4]. - The company has received its first order for the Battlefield Laser Detection System from a military systems integrator for a North American armored vehicle program [5]. - The company is focusing on strategic, multi-year contracts with the Canadian Department of National Defence worth up to $75 million through 2028, in partnership with Thales and Akkodis [5]. Product Offerings - KWESST's product portfolio includes the ARWEN line of non-lethal products, which has reportedly saved hundreds of lives, and new PARA "Mini" and "Micro" versions currently under customer evaluation [5]. - The company offers real-time situational awareness solutions, including the Team Awareness Kit (TAK), which is being adopted by NATO countries [5]. - The "Lightning" version of the military-grade situational awareness capability is designed for the public security market and operates under a SaaS model, allowing users to access it on smart devices for a monthly subscription fee [5]. Shareholder Information - No action is required from shareholders regarding the name change, and there will be no change in the company's share capital [6]. - The new CUSIP and ISIN numbers for the common shares have been provided, and existing share certificates will not need to be exchanged [6]. Trading Information - The company's common share purchase warrants will also change trading symbols to "DFSC.WT.U" on the TSXV and "DFSCW" on the Nasdaq [7].

Core Insights - Dakota Gold Corp. has published its 2024 Sustainability Report, aimed at enhancing understanding of its ESG strategy, practices, and risk management [1][2] - The report emphasizes transparency in communicating performance results to stakeholders, including shareholders and local communities [1] Group 1: Company Developments - The company has transitioned from exploration to development at the Richmond Hill Gold Project, marking a significant phase in its growth [3] - Dakota Gold has achieved four years without a lost time incident and zero reportable environmental incidents since drilling began in early 2022, highlighting its commitment to health and safety [3] Group 2: Project Focus - Dakota Gold is advancing the Richmond Hill Oxide Heap Leach Gold Project towards commercial production and is outlining a high-grade underground gold resource at the Maitland Gold Project [5]

Cassiar Gold Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 MillionJune 25, 2025 4:38 PM EDT | Source: Cassiar Gold Corp.Calgary, Alberta--(Newsfile Corp. - June 25, 2025) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announced that it has entered into an agreement with Red Cloud Securities Inc. (the "Agent") to act as sole agent and bookrunner in connection with a "best efforts" private placement (the "Marketed Offering") fo ...

Besra Gold Announces Significant Strides in Jugan Project BFS H1 2025 Jugan Project UpdateJune 25, 2025 12:55 PM EDT | Source: Besra Gold Inc.HighlightsH1 2025 has seen significant strides in derisking key Bankable Feasibility Study (BFS) workstreams for the Jugan Project during H1 2025 including:Metallurgical test work.Trialling alternative processing techniques.Geotechnical assessment and tailings management studies.Hydrogeological groundwater studies.Mineral Resource Estimate update for Jug ...

Los Angeles, California--(Newsfile Corp. - June 25, 2025) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE), a leading onshore wave energy developer, is pleased to announce that Inna Braverman, Founder and CEO of Eco Wave Power, and Ran Atias, VP of Engineering, held a strategic meeting with Terry Tamminen, CEO of AltaSea at the Port of Los Angeles, to officially agree upon the launch date and public unveiling of the first-ever onshore U.S. wave energy pilot project. The historic launch event is scheduled to ...

Thiogenesis Receives Confirmatory Guidance on IMPD for Pediatric MASH Phase 2a Clinical Trial in Europe and Core Patent Granted in EU June 25, 2025 9:00 AM EDT | Source: Thiogenesis Therapeutics, Corp. San Diego, California--(Newsfile Corp. - June 25, 2025) - Thiogenesis Therapeutics, Inc. (TSXV: TTI) (OTCQX: TTIPF), a clinical-stage biopharmaceutical company developing next-generation thiol-based therapies for mitochondrial disease and pediatric metabolic conditions, today announced that the Committee for ...

Lodestar Metals Closes Option Agreement to Acquire Gold Run Property and Strengthens Leadership Team June 25, 2025 8:00 AM EDT | Source: Lodestar Metals Corp. Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Lodestar Metals Corp. ("Lodestar" or the "Company") (TSXV: LSTR) (OTC: SVTNF) is pleased to announce it has officially closed the acquisition of the Gold Run Property ("Gold Run"), a highly prospective gold project located in Humboldt County, Nevada. This milestone follows the execution o ...

Sonim Technologies Signs Letter of Intent for Reverse Takeover with a Full Stack A.I. Factory Provider The Integrated Solution Supports the Explosion of AI Workloads with Owned and Operated Data Centers with Dedicated Power Generation June 25, 2025 8:00 AM EDT | Source: Sonim Technologies, Inc. San Diego, California--(Newsfile Corp. - June 25, 2025) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of rugged mobile solutions, today announced the signing of a non-binding Letter of Intent (LOI) fo ...