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Myriad Uranium Announces Expiration of Letter of Intent Respecting Proposed Merger
Newsfile· 2025-10-30 21:15
Myriad Uranium Announces Expiration of Letter of Intent Respecting Proposed MergerOctober 30, 2025 5:15 PM EDT | Source: Myriad Uranium Corp.Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) announces that the previously announced letter of intent ("LOI") dated as of August 6, 2025 respecting a merger transaction between Myriad and Rush Rare Metals Corp. ("Rush") has expired. Myriad and Rush continue to be in contact resp ...
Baytex Delivers Solid Third Quarter 2025 Results with Record Pembina Duvernay Production and Strong Free Cash Flow
Newsfile· 2025-10-30 21:02
Core Insights - Baytex Energy Corp. reported solid third-quarter results for 2025, showcasing record production in the Pembina Duvernay and strong free cash flow generation, alongside continued debt reduction efforts [2][18][19] Financial Performance - Total petroleum and natural gas sales reached CAD 927.6 million in Q3 2025, compared to CAD 886.6 million in Q2 2025 and CAD 1.1 billion in Q3 2024 [10] - Adjusted funds flow was CAD 422 million (CAD 0.55 per basic share) for Q3 2025, down from CAD 537.9 million (CAD 0.68 per basic share) in Q3 2024 [10][18] - Free cash flow generated was CAD 143 million (CAD 0.19 per basic share), a significant increase from CAD 3.2 million in Q2 2025 [10][18] - Net income for the quarter was CAD 32 million (CAD 0.04 per basic share), a decrease from CAD 151.5 million in Q2 2025 and CAD 185.2 million in Q3 2024 [10][18] Production Highlights - Average production was 150,950 boe/d (86% oil and NGL), reflecting a 1% increase in production per basic share compared to Q3 2024 [7][20] - Pembina Duvernay production reached a record 10,185 boe/d (77% oil and NGL), up 53% from Q2 2025 [7][25] - Heavy oil production averaged 47,280 boe/d (96% oil and NGL), a 5% increase from Q2 2025 [30] Capital Expenditures and Debt Management - Exploration and development expenditures for Q3 2025 totaled CAD 270 million, with a full-year plan anticipating approximately CAD 1.2 billion [4][20] - Net debt decreased by 2% (CAD 50 million) to CAD 2.2 billion, supported by strong free cash flow [19][20] - The company plans to allocate 100% of free cash flow to debt repayment after funding quarterly dividends, targeting net debt of approximately CAD 2.1 billion by year-end [5][19] Strategic Developments - A strategic property swap in the Pembina Duvernay has consolidated the company's position, facilitating full-scale development [2][28] - The company has expanded its heavy oil development fairway and consolidated acreage through targeted land acquisitions [7][30] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of CAD 0.0225 per share, payable on January 2, 2026 [33]
Baytex Announces Quarterly Dividend for January 2026
Newsfile· 2025-10-30 21:00
Group 1 - Baytex Energy Corp. has declared a quarterly cash dividend of CDN$0.0225 per share, payable on January 2, 2026, to shareholders of record on December 15, 2025 [1] - The U.S. dollar equivalent of the dividend is approximately US$0.0161 per share, based on a foreign exchange rate of 1.40 CAD/US [2] - The dividend is classified as an "eligible dividend" for Canadian tax purposes and a "qualified dividend" for U.S. income tax purposes [2] Group 2 - Baytex Energy Corp. is headquartered in Calgary, Alberta, with additional offices in Houston, Texas, and is involved in the acquisition, development, and production of crude oil and natural gas [3] - The company operates primarily in the Western Canadian Sedimentary Basin and the Eagle Ford region in the United States [3] - Baytex's common shares are traded on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE [3]
Nexa Resources Reports Strong 3Q25 Results with Net Income of US$100 Million
Newsfile· 2025-10-30 20:50
Nexa Resources Reports Strong 3Q25 Results with Net Income of US$100 MillionSolid operational performance and favorable metal prices drive significant quarterly improvement in profit and cash generationOctober 30, 2025 4:50 PM EDT | Source: Nexa ResourcesLuxembourg, Luxembourg--(Newsfile Corp. - October 30, 2025) - Nexa Resources (NYSE: NEXA), one of the world's leading zinc producers, reported net income of US$100 million in 3Q25, compared to US$13 million in 2Q25 and US$6 million in 3Q24. Th ...
K9 Gold Corp. Closes First Tranche of Private Placement and Announces Proposed Name Change to Americore Resources Corp.
Newsfile· 2025-10-30 20:43
K9 Gold Corp. Closes First Tranche of Private Placement and Announces Proposed Name Change to Americore Resources Corp.October 30, 2025 4:43 PM EDT | Source: K9 Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - K9 Gold Corp. (TSXV: KNC) (OTCQB: WDFCF) (FSE: 5GP) (the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (originally announced on October 2, 2025 and amended on October 8, 2025). ...
Stonegate Updates Coverage on NCS Multistage Holdings, Inc. (NASDAQ: NCSM) 2025 Q3
Newsfile· 2025-10-30 20:43
Stonegate Updates Coverage on NCS Multistage Holdings, Inc. (NASDAQ: NCSM) 2025 Q3October 30, 2025 4:43 PM EDT | Source: Reportable, Inc.Dallas, Texas--(Newsfile Corp. - October 30, 2025) - NCS Multistage Holdings, Inc. (NASDAQ: NCSM): Stonegate Capital Partners updates their coverage on NCS Multistage Holdings, Inc. (NASDAQ: NCSM). In 3Q25, NCSM reported total revenues of $46.5M, a 6.0% year-over-year increase, outperforming broader industry activity levels. Growth reflected higher U.S. and i ...
Searchlight Resources Announces Closing of Private Placement
Newsfile· 2025-10-30 20:43
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce that it has closed a private placement previously announced by the press release of October 14, 2025.The Company issued 13,802,741 units at a price of $0.055 per unit (the "Unit") for aggregate proceeds of $759,151. Each Unit consisting of one common share and one full purchase warrant at a price of $0.055 per unit. Each warrant ...
A2Gold Corp. to Present and Highlight the Eastside Gold-Silver Project at the 2025 New Orleans Investment Conference
Newsfile· 2025-10-30 19:30
A2Gold Corp. to Present and Highlight the Eastside Gold-Silver Project at the 2025 New Orleans Investment ConferenceOctober 30, 2025 3:30 PM EDT | Source: New Orleans Investment ConferenceTonopah, Nevada--(Newsfile Corp. - October 30, 2025) - A2Gold Corp. (TSXV: AUAU) (OTCQX: AUXXF) ("A2Gold" or the "Company") is pleased to announce its participation in the 2025 New Orleans Investment Conference, taking place from November 2-5 at the Hilton New Orleans Riverside.Celebrating its 51st year, the ...
Sitka Gold Closes $28.5 Million Financing
Newsfile· 2025-10-30 18:22
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Sitka Gold Corp. (TSXV: SIG) ("Sitka" or the "Company") is pleased to announce it has closed its previously announced "bought deal" brokered private placement (the "Brokered Offering") and a concurrent non-brokered private placement (the "Non-Brokered Offering") for aggregate gross proceeds of $28,552,402 (collectively, the "Offering"). The Brokered Offering was comprised of 16,235,000 charity flow-through common shares (each, a "FT Share") ...
Headwater Gold to Attend the 51st Annual New Orleans Investment Conference
Newsfile· 2025-10-30 16:51
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2025) - Headwater Gold Inc (CSE: HWG) (OTCQB: HWAUF) announced today that it will be participating in the 51st Annual New Orleans Investment Conference at the Hilton New Orleans Riverside November 2 - 5, 2025.The New Orleans Investment Conference gathers some of the world's brightest and most successful analysts, newsletter writers and investors. This year's event will highlight all major asset classes, including Precious Metals.About Headwater Gol ...