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JHX COURT ALERT: James Hardie Industries plc Investors are Notified the Company has been Sued for Securities Fraud and are Notified to Contact BFA Law by December 23
Newsfile· 2025-12-02 20:33
Core Viewpoint - James Hardie Industries plc has been sued for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - A class action lawsuit has been filed against James Hardie and certain senior executives, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until December 23, 2025, to request to lead the case in the U.S. District Court for the Northern District of Illinois [3]. Group 2: Company Background - James Hardie is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [4]. Group 3: Allegations and Stock Impact - The lawsuit alleges that James Hardie misrepresented the strength and momentum of its North American fiber cement segment, claiming sales were driven by sustainable customer demand rather than inventory loading by channel partners [5]. - On August 19, 2025, the company reported a 12% decline in North American fiber cement sales, leading to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 [6].
LRN COURT ALERT: Stride, Inc. Investors are Notified the Compay has been Sued for Securities Fraud and are Notified to Contact BFA Law by January 12
Newsfile· 2025-12-02 20:33
Core Viewpoint - Stride, Inc. is facing a class action lawsuit for securities fraud, which has led to significant stock price drops due to alleged violations of federal securities laws [2][4]. Company Overview - Stride, Inc. is an education technology company that provides an online platform for students across the U.S. [5]. Allegations and Impact - The lawsuit claims that Stride inflated enrollment numbers by retaining "ghost students" and ignored compliance requirements, leading to a poor customer experience and higher withdrawal rates [5][6]. - Stride's stock dropped by $18.60 (over 11%) on September 15, 2025, following the announcement of the fraud complaint, and further plummeted by $83.48 (over 54%) on October 29, 2025, after admitting to poor customer experiences that resulted in 10,000-15,000 fewer enrollments [6][7]. Legal Proceedings - Investors have until January 12, 2026, to request to lead the case in the U.S. District Court for the Eastern District of Virginia [4]. - The lawsuit is filed under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [4]. Investor Actions - Investors are encouraged to seek additional information and may have legal options available to them [3][9].
FCX COURT ALERT: Freeport-McMoRan Inc. Investors are Notified the Company has been Sued for Securities Fraud and are Notified to Contact BFA Law by January 12
Newsfile· 2025-12-02 20:33
FCX COURT ALERT: Freeport-McMoRan Inc. Investors are Notified the Company has been Sued for Securities Fraud and are Notified to Contact BFA Law by January 12December 02, 2025 3:33 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 2, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud af ...
JHX INVESTOR DEADLINE: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-12-02 19:05
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit due to allegations of misleading investors regarding the performance of its North America Fiber Cement segment, which reportedly experienced significant inventory destocking and a subsequent decline in sales [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and is filed in the Northern District of Illinois [1]. - Investors who purchased James Hardie common stock between May 20, 2025, and August 18, 2025, can seek appointment as lead plaintiff until December 23, 2025 [1][5]. - The lawsuit alleges that James Hardie and its executives violated the Securities Exchange Act of 1934 by making false statements about the strength of their business segment [1][3]. Group 2: Allegations Against James Hardie - The lawsuit claims that despite early signs of inventory destocking in April and May 2025, James Hardie continued to assure investors of strong performance, misleading them about actual sales conditions [3]. - On August 19, 2025, James Hardie disclosed a 12% decline in sales for the North America Fiber Cement segment, which led to a stock price drop of over 34% [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased James Hardie common stock during the class period to seek lead plaintiff status, which involves directing the lawsuit on behalf of all class members [5]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [6].
J4 Ventures Inc. Files Filing Statement for Qualifying Transaction with Primary Hydrogen Corp.
Newsfile· 2025-12-02 18:49
Core Viewpoint - J4 Ventures Inc. is progressing with its qualifying transaction to acquire the Arthur Lake Property from Primary Hydrogen Corp, with a targeted closing date of December 24, 2025 [1][3]. Transaction Details - The transaction involves J4 Ventures acquiring a 100% undivided interest in the Arthur Lake Property by issuing 500,000 common shares and making a cash payment of C$50,000 to Primary Hydrogen [4]. - Primary Hydrogen will retain a 2% net smelter return royalty on the Arthur Lake Property [4]. - The transaction is subject to the satisfaction of conditions set by the TSX Venture Exchange (TSXV) and customary closing conditions [3][5]. Concurrent Financing - J4 Ventures plans to conduct a concurrent financing of up to 12,000,000 subscription receipts at a price of C$0.05 each, aiming for gross proceeds of up to C$600,000 [9]. - Each subscription receipt will convert into a unit consisting of one J4 share and one share purchase warrant, with the warrant exercisable at C$0.06 for a period of 60 months [10]. Arthur Lake Property Overview - The Arthur Lake Property consists of two mineral claim units totaling 543 hectares located in British Columbia, approximately 54 km southwest of Vanderhoof [11]. - The property is prospective for gold and copper-molybdenum mineralization, with historical rock sampling indicating copper concentrations ranging from 8 ppm to 24,800 ppm [11]. - Notable soil anomalies have been identified, including the Copper Enrichment Anomaly, which measures 1,800 meters by 500 meters [11].
Surge Announces Entering into Joint Venture with Evolution Mining Limited
Newsfile· 2025-12-02 18:22
Core Viewpoint - Surge Battery Metals Inc. has established a joint venture with Evolution Mining Limited to advance the Nevada North Lithium Project, marking a significant step in lithium asset development in the U.S. [10] Group 1: Joint Venture Agreement - Surge Battery Metals USA Inc. and Evolution Mining Limited have entered into a joint venture agreement to develop the Nevada North Lithium Project [1] - The joint venture will be implemented through Nevada North Lithium, LLC, focusing on completing a Preliminary Feasibility Study (PFS) [2] Group 2: Contributions and Ownership - Surge US has contributed all its mining claims and mineral rights for the NNLP, while Evolution has contributed its 75% mineral interest in an 880-acre private land portion and additional mineral rights in over 21,000 acres [3] - Surge US will initially hold a 77% ownership interest in the joint venture, with Evolution holding 23% [5] - Evolution is obligated to fund up to CAD$10,000,000 for the PFS, with an initial CAD$3,000,000 expected by December 5, 2025 [5] Group 3: Governance and Management - The joint venture will be governed by an Operating Committee, consisting of five appointees, with Surge US appointing three and Evolution appointing two [6] - Surge US will act as the general manager of the NNLP as long as it holds more than a 50% ownership interest [7] Group 4: Strategic Importance - The partnership aims to accelerate the development of one of the most promising lithium assets in the U.S., addressing the growing demand for critical battery metals [10] - Surge Battery Metals is positioned as a key player in securing domestic lithium supply through its engagement in the Nevada North Lithium Project [15]
CORRECTION FROM SOURCE: Tudor Gold Announces $10 Million Brokered LIFE Offering
Newsfile· 2025-12-02 17:55
Core Viewpoint - Tudor Gold Corp. has announced a private placement offering of units priced at $0.80 per unit, aiming to raise up to $10 million in gross proceeds [1] Group 1: Offering Details - The offering consists of units that include one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $1.20 for 24 months [2] - The company has granted the agents an option to increase the offering size by up to 15% of the number of units sold [3] - The net proceeds from the offering will be allocated for working capital and general corporate purposes [3] Group 2: Regulatory and Trading Information - The units will be offered under the listed issuer financing exemption, making them immediately "free-trading" upon closing under applicable Canadian securities laws [4] - The closing of the offering is expected around the week of December 15, 2025, subject to necessary regulatory approvals [6] Group 3: Agent Compensation - The agents will receive a cash commission of 6.0% of the aggregate gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one common share at an exercise price of $1.20 for 24 months [7] Group 4: Company Overview - Tudor Gold Corp. is engaged in the exploration and development of precious and base metals, with significant claims in British Columbia's Golden Triangle, including the Treaty Creek Project [9]
Pine Cliff Energy Ltd. Declares Monthly Dividend for December 31, 2025
Newsfile· 2025-12-02 17:44
Calgary, Alberta--(Newsfile Corp. - December 2, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ("Pine Cliff" or the "Company") has declared a regular monthly dividend of $0.00125 per common share to be paid December 31, 2025, to shareholders of record on December 15, 2025. This dividend and future dividends are expected to be designated as non-eligible dividends for Canadian income tax purposes until further notice. About Pine CliffPine Cliff is a natural gas and crude oil company with a long-ter ...
Greenbriar Announces Commencement of the Loan Closing Process for the USD $40 Million Sage Ranch Construction Facility
Newsfile· 2025-12-02 17:27
Core Insights - Greenbriar Sustainable Living Inc. has initiated the closing process for a USD $40 million senior secured construction loan for the Sage Ranch project, managed by Voya Investment Management [1] - The company is collaborating with US legal counsel and advisors to fulfill the conditions of the credit facility, prompted by a revised Water Supply Assessment to ensure compliance with California law regarding water resource availability [1] Company Overview - Greenbriar is recognized as a leading developer in sustainable real estate and renewable energy, focusing on long-term, impactful projects [2] - The company aims to enhance shareholder value through investments in deep valued assets, supported by a successful operating and development team [2]
Solis Announces: Compelling Targets Identified from New Geophysical Modelling of the Cucho Project, Peru
Newsfile· 2025-12-02 17:17
Core Insights - Solis Minerals Limited has identified compelling geophysical, geological, and geochemical targets at the Cucho Project in Peru, which will be tested in a diamond drilling program scheduled for 2026 [2][3][21] Geophysical Modelling - New 3D geophysical modelling has highlighted significant targets characterized by demagnetization, elevated chargeability, and conductivity, along with enhanced surface geochemistry [3][25] - The modelling indicates the presence of a deeply-rooted porphyry copper-molybdenum system, with a drone-borne magnetic survey planned for December 2025 to map associated structures [3][4] Project Background - Solis Minerals has the right to earn up to a 75% interest in the Cucho Project, with a seven-year option to acquire up to 100% [4] - The Cucho Project spans 3,600 hectares, featuring a mineralization anomaly footprint of 3 x 1.8 kilometers, defined by copper-molybdenum geochemistry and strong induced polarization chargeability anomalies [6][11] Historical Drilling Results - Previous drilling has shown significant mineralization across all seven completed drill holes, with grades comparable to operating mines in the Andean copper belt [7][8] - Historical drilling results include notable intersections such as 169.7 meters at 0.24% Cu and 0.012% Mo from surface [8] Geological Comparisons - The geological setting and scale of the Cucho Project are comparable to large porphyry copper projects, indicating potential for significant mineralization [10][11] Next Steps - The company is designing a diamond drilling program to test the identified targets, including the Eastern Chargeable Body, while also initiating geological mapping and geochemical sampling [26][24]