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Minnova Corp. Announces Closing of Brokered LIFE Offering for Gross Proceeds of C$4.82 Million
Newsfile· 2025-12-03 16:56
Core Viewpoint - Minnova Corp. has successfully closed a brokered private placement offering, raising gross proceeds of C$4.82 million to support its PL Gold Mine Project and general corporate purposes [1][3]. Group 1: Offering Details - The offering consisted of the sale of 12,900,000 units at C$0.20 each and 9,739,800 flow-through units at C$0.23 each, totaling C$4,820,154 [1]. - Each unit includes one common share and one warrant, while each flow-through unit includes one common share and one warrant classified as a "flow-through share" [2]. - The warrants allow holders to purchase common shares at C$0.30 until December 3, 2028 [2]. Group 2: Use of Proceeds - The net proceeds will be allocated to the exploration and advancement of the PL Gold Mine Project in Manitoba, along with working capital and general corporate purposes [3]. - Proceeds from the sale of flow-through shares will be used for eligible Canadian exploration expenses related to the PL Gold Mine Project, with expenditures to be renounced in favor of FT Unit purchasers by December 31, 2025 [4]. Group 3: Regulatory Compliance - The offering was conducted under the listed issuer financing exemption, allowing for the sale of units to Canadian purchasers [5]. - Flow-through units were sold under accredited investor and minimum amount investment exemptions, with a hold period expiring on April 4, 2026 [6]. Group 4: Financial Arrangements - Red Cloud Securities Inc. acted as the sole agent and bookrunner, receiving cash fees of C$256,809.24 and 1,196,388 non-transferable common share purchase warrants as compensation [7]. Group 5: Company Overview - Minnova Corp. is focused on restarting and expanding its 100%-owned PL Gold Mine in Manitoba, which has significant existing infrastructure [12]. - A positive 2018 Feasibility Study indicated a robust 5-year mine life with an annual production rate of 46,493 ounces, and the company is revising its development plan to prioritize lower-cost open pit mining methods [13]. - The current global gold resource remains open for expansion, with a Mineral Resource Estimate revision planned for 2026 [14].
GREEN DOT SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Green Dot Corporation (GDOT) and Encourages Investors to Contact the Firm to Discuss Their Legal Rights and Options - GDOT
Newsfile· 2025-12-03 14:15
Core Viewpoint - Kaskela Law LLC is investigating the proposed acquisition of Green Dot Corporation to assess whether the transaction is fair to shareholders or undervalues the company's shares [1][3]. Group 1: Acquisition Details - On November 24, 2025, Green Dot announced agreements for acquisition by Smith Ventures and CommerceOne Financial Corporation, with Smith Ventures acquiring Green Dot's non-bank financial technology assets and CommerceOne acquiring Green Dot Bank [2]. - The proposed transaction includes an exchange of each share of Green Dot common stock for $8.11 in cash and 0.2215 shares of the new publicly traded bank holding company [2]. Group 2: Investigation Findings - The investigation has identified significant conflicts of interest in the transaction, suggesting that the sales process and consideration may be unfair to shareholders [3].
COMERICA SHAREHOLDER LAWSUIT FILED: Kaskela Law LLC Encourages Comerica (CMA) Shareholders to Contact the Firm for Additional Information About Their Legal Rights and Options
Newsfile· 2025-12-03 14:15
Core Viewpoint - A shareholder class action lawsuit has been filed against Comerica Inc. in relation to its proposed acquisition by Fifth Third Bancorp, raising concerns about the company's board actions and potential conflicts of interest [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that Comerica's CEO sought a "friendly white knight" after facing pressure from an activist investor, leading to the engagement with Fifth Third Bancorp for a potential acquisition [2]. - The complaint claims that Comerica's board has implemented "preclusive deal protections" to prevent any superior bids from emerging, which may limit shareholder value [2]. Group 2: Shareholder Information - Comerica shareholders who acquired shares prior to July 1, 2025, are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options related to the lawsuit [3]. - Kaskela Law LLC specializes in representing investors in contingent stockholder litigation matters and has a history of notable recoveries for investors [4].
LEGAL ALERT: Kaskela Law LLC Announces Investigation of Electronic Arts Inc. (EA) and Encourages EA Shareholders to Contact the Firm to Discuss Their Legal Rights and Options Before the Voting Deadline
Newsfile· 2025-12-03 14:15
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Electronic Arts Inc. to assess the fairness of the buyout agreement for shareholders [1][2]. Group 1: Buyout Details - On September 29, 2025, EA announced an agreement to be acquired by a consortium led by the Public Investment Fund of Saudi Arabia at a price of $210.00 per share in cash [2]. - Following the transaction's closure, EA shareholders will be cashed out, and the company's shares will cease to be publicly traded [2]. Group 2: Investigation Focus - The investigation aims to determine if the $210.00 per share offer is adequate compensation for EA shares [3]. - It will also examine whether EA's officers or directors violated their fiduciary duties or securities laws in agreeing to the sale at this price [3]. Group 3: Shareholder Communication - EA shareholders are encouraged to contact Kaskela Law LLC to discuss their legal rights and options regarding the transaction [4].
GGX Gold Plans 2026 Drilling to Target Extensions of High-Grade C.O.D. Vein, Previously Drilled to 129 g/t Au, 1,154 g/t Ag and 353 g/t Te Over 7.28 Metres - Historic Mining Camp in Greenwood BC Canada
Newsfile· 2025-12-03 14:00
Core Viewpoint - GGX Gold Corp is planning a 2026 exploration program at its 100% owned Gold Drop property in the Greenwood Mining Camp, aiming to target extensions of the high-grade C.O.D. vein, which has previously shown significant mineralization results [1][2]. Exploration Plans - The 2026 drill program will focus on the projected extension of the Dentonia system at depth and will systematically test multiple parallel veins across the property [2]. - A surface drill program of up to 2,200 meters is planned to explore the North Star and Gold Drop mine areas, as well as the Highland Valley, Ken, and Amandy vein targets [4]. Historical Context - The Gold Drop property has a history of gold, silver, and tellurium-bearing quartz veins, with significant past production from the Dentonia vein, which is projected to extend onto the Gold Drop property [5][6]. - Historic production from the Dentonia vein is recorded at 43,354 ounces of gold and 258,973 ounces of silver from 124,644 tonnes [6]. Mineralization Details - The C.O.D. vein has been previously drilled with notable intercepts including 129 grams per tonne gold and 1,154 grams per tonne silver over a core length of 7.28 meters [7]. - The Gold Drop vein has been traced for over 700 meters and is mineralized with various metals, including pyrite and tellurides [9]. Targeted Areas for Drilling - Drilling is planned to intersect the Gold Drop vein near the workings and follow the structure to depth, as well as to target the Dentonia vein beneath the Gold Drop mine [8]. - Initial drill testing will also be conducted on the Highland Valley, Ken, and Amandy veins, with historic sampling indicating potential for significant mineralization [11][12].
AITX's RAD-I and RAD-G Release 'Inside SARA' White Paper, Defining the Future of Agentic AI in Security
Newsfile· 2025-12-03 13:40
Core Insights - The release of the "Inside SARA" White Paper marks a significant technical disclosure regarding the architecture and development of SARA™, an award-winning agentic AI platform for physical security and remote video monitoring [1][3][4] - The white paper highlights a two-year engineering effort and positions the company as a leader in integrating agentic AI into live security operations [3][4] Company Overview - Artificial Intelligence Technology Solutions, Inc. (AITX) is a leader in AI-driven security solutions, aiming to redefine the $50 billion security and guarding services industry [7] - The company’s subsidiary, Robotic Assistance Devices, Inc. (RAD-I), offers innovative Solutions-as-a-Service that can save businesses between 35%-80% compared to traditional manned security [7] Product Development - SARA's architecture is designed for real-world operations and includes features such as context-rich autonomous response and multi-agent decisioning, which surpass generic AI tools [4] - The development of SARA involved collaboration with the AWS Generative AI Innovation Center, enhancing its optimization for real deployments [4][5] Market Position - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating strong potential for recurring revenue through client conversions [10] - AITX's solutions are applicable across various industries, including government, transportation, and healthcare, enhancing operational efficiency and situational awareness [11][12] Leadership and Expertise - The company is led by Steve Reinharz, who has extensive experience in the security services industry and is actively involved in industry associations [9] - The leadership team includes professionals with backgrounds in law enforcement and robotics, reinforcing the company's capability to deliver innovative security solutions [9]
Daura Gold Announces Grant of Options
Newsfile· 2025-12-03 13:30
Group 1 - Daura Gold Corp. has granted 3,355,000 incentive stock options to executive officers, directors, and key consultants, in line with its stock option plan [1] - Each option is exercisable into one common share at a price of $0.35, which is the closing price on December 2, 2025 [1] - The options will vest quarterly over three months and expire on December 2, 2030 [1] Group 2 - Daura Gold Corp. is listed on the TSX Venture Exchange and is focused on high-impact exploration projects in Peru's Ancash region [2] - The company owns a 100% interest in over 15,900 hectares of exploration concessions, including the 900-hectare Antonella target and 2,900 hectares at Libelulas, which is the primary focus of current exploration efforts [2]
DeepMarkit Licensing Agreement with SportsDataIO
Newsfile· 2025-12-03 13:30
Core Insights - DeepMarkit Corp.'s subsidiary, Prospect Prediction Markets Inc., has signed a multi-year licensing agreement with SportsDataIO to access real-time sports data for enhancing its prediction market platform [1][2]. Group 1: Licensing Agreement - The agreement allows Prospect to utilize SportsDataIO's comprehensive data feeds covering major North American sports leagues (NHL, NFL, NBA, MLB) and international soccer leagues (EPL, World Cup) [2]. - This data will enable Prospect to generate, resolve, and display prediction markets on its web and mobile applications, enhancing user experience ahead of its free-to-play launch [2][3]. - The multi-year agreement includes unlimited API calls and bandwidth, ensuring reliable performance as market activity increases, along with an annual auto-renewal mechanism for long-term continuity [3]. Group 2: Corporate Developments - Steve Vanry has been appointed as Corporate Secretary, succeeding Alex Parken, who has stepped down from the role [4]. Group 3: Company Overview - Prospect is a platform designed for sports fan engagement and prediction markets, built on the Avalanche blockchain, allowing users to participate in free-to-play sports predictions [5]. - DeepMarkit Corp. focuses on building and acquiring platforms that enhance digital experiences across various technologies, including prediction markets and blockchain [6].
Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))
Newsfile· 2025-12-03 13:30
Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))December 03, 2025 8:30 AM EST | Source: Kingsmen Resources LtdVancouver, British Columbia--(Newsfile Corp. - December 3, 2025) - Kingsmen Resources Ltd. (TSXV: KNG) (OTCQB: KNGRF) (FSE: TUY) ("Kingsmen" or the "Company") is pleased to report first assays from hole LC-25-008 that intersected significant new gold rich silver mineralization. Th ...
T2 Metals Increases Private Placement to $1.468 Million
Newsfile· 2025-12-03 13:00
Core Viewpoint - T2 Metals Corp. has increased the non-flow-through portion of its private placement financing due to strong demand, aiming to raise up to $1,368,770 through the issuance of hard dollar units at $0.30 each [1]. Financing Details - The company plans to issue up to 4,562,567 hard dollar units (HD Units) at a price of $0.30 per unit, resulting in gross proceeds of up to $1,368,770 [1]. - The flow-through portion remains unchanged at 250,000 flow-through units (FT Units) priced at $0.40 each, expected to raise up to $100,000 [1]. Unit Composition - Each HD Unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.45 for two years from closing [2]. - Each FT Unit also consists of one common share and one-half of a common share purchase warrant, with similar terms for the warrants [2]. Use of Proceeds - Proceeds from the financing will be allocated to fund exploration at the Sherridon copper-gold project in Manitoba, the Shanghai gold-silver project in the Yukon's Tombstone Gold Belt, and for working capital [3]. - The gross proceeds from FT Units will specifically be used for eligible Canadian exploration expenses related to the Sherridon Project [4]. Insider Participation and Fees - There will be insider participation in the financing, and finders' fees may be paid on a portion of the financing [4]. Regulatory Compliance - All securities issued in the financing are subject to a four-month hold period and require regulatory approvals, including acceptance from the TSX Venture Exchange [5]. Company Overview - T2 Metals Corp. is focused on enhancing shareholder value through exploration and discovery in under-explored areas, including the Sherridon, Lida, Cora, and Copper Eagle projects [7].