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Homerun Resources Inc. Files for Closing of $3m Private Placement Financing
Newsfile· 2025-12-12 13:00
Financing Details - Homerun Resources Inc. has filed for final approval of a private placement financing at CA$1.00 per unit, aiming for total gross proceeds of CA$3,128,384 [1] - The second tranche of the financing has closed, raising CA$1,560,384 and resulting in the issuance of 1,560,384 units, bringing the total to 3,128,384 units issued [2] - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at CA$1.30 for 24 months, subject to acceleration if shares close at or above CA$2 for 10 consecutive trading days [2] Use of Proceeds - Proceeds from the financing will be allocated for project payments, ongoing development of the company's projects, and general working capital [3] - The company will also pay cash finder's fees of CA$31,150 and issue 31,150 Non-Transferable Broker Warrants upon receiving Exchange approval [3] Company Overview - Homerun is focused on building a silica-powered backbone for the energy transition across four verticals: Silica, Solar, Energy Storage, and Energy Solutions [3][4] - The company is anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, transforming raw silica into essential products for clean power adoption [3] - Homerun aims to create a scalable, vertically integrated platform for clean energy manufacturing in the Americas through disciplined execution and strategic partnerships [4] Industry Focus - The company is securing supply and processing of high-purity low-iron silica for applications in premium solar glass and advanced energy materials [7] - It is developing Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and commercializing antimony-free solar glass for next-generation photovoltaic performance [7] - Homerun is advancing long-duration, silica-based thermal storage systems to decarbonize industrial heat and enhance grid flexibility [7] - The company is also working on AI-enabled energy management systems and turnkey electrification solutions to optimize renewable generation for commercial and industrial customers [7]
Nexcel Earns Initial 29.58% Interest in the Burnt Hill Tungsten Project
Newsfile· 2025-12-12 13:00
Core Insights - Nexcel Metals Corp. has earned an initial 29.58% interest in the Burnt Hill Tungsten Project located in New Brunswick, Canada, as part of an option agreement with Cadillac Ventures Inc. and a minority owner [1][3]. Financial Details - The initial 29.58% Property Interest was acquired through a payment of $170,000 in cash and the issuance of $330,000 in common shares, totaling 355,775 shares at a deemed price of $0.78 per share [2]. - The company can earn an additional 28.42% interest, bringing the total to 58%, by paying $250,000 in cash and issuing $600,000 in common shares [3]. Project Overview - The Burnt Hill Project covers approximately 1540 hectares and includes a historical mineral resource estimate (MRE) of 1,761,000 tonnes with an average grade of 0.292% WO3, 0.007% MoS2, and 0.008% SnO2 [6][7]. - The project also has an inferred resource of 1,520,000 tonnes averaging 0.263% WO3, 0.008% MoS2, and 0.005% SnO2 [7]. Strategic Importance - Tungsten is recognized as a critical mineral due to its unique properties and increasing demand in high-tech and defense applications, making projects like Burnt Hill strategically important for securing domestic sources [14][16].
Americore Resources Corp. Announces Closing of Initial Payment Under Seka Claims Acquisition
Newsfile· 2025-12-12 13:00
Core Points - Americore Resources Corp. has completed the initial cash payment and share issuance for the acquisition of Seka mineral claims from Nevada Hills Gold LLC [1][2] - The initial payment consists of US$100,000 in cash and 250,000 common shares, with a second payment of the same amount due 15 months after TSX Venture Exchange approval [2] - The vendor will retain a 0.5% Net Smelter Return (NSR) royalty on future mineral production, with potential buy-back terms to be negotiated [2] Transaction Details - The transaction was conducted at arm's length, and no finders' fees were paid [3] - Americore Resources Corp. is listed on the TSX Venture Exchange [3]
Thunder Gold Announces $2 Million Non-Brokered Private Placement of Flow-Through Units
Newsfile· 2025-12-12 12:30
Core Viewpoint - Thunder Gold Corp. is initiating a non-brokered private placement of flow-through units to raise approximately C$2,000,000 for exploration activities at its Tower Mountain Gold Property in Ontario [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 26,666,667 flow-through units priced at $0.075 each, aiming for gross proceeds of approximately C$2,000,000 [2]. - Each flow-through unit includes one common share and one-half of a common share purchase warrant, with the whole warrant exercisable for an additional common share at an exercise price of $0.10 for 18 months [3]. - The closing of the private placement is expected around December 19, 2025, pending approval from the TSX Venture Exchange [4]. Group 2: Use of Proceeds - Proceeds from the private placement will fund ongoing exploration at the Tower Mountain Gold Property and other qualifying Canadian exploration expenses [1]. Group 3: Tower Mountain Gold Property Overview - The Tower Mountain Gold Property spans 2,500 hectares and is located 40 kilometers west of Thunder Bay, Ontario, featuring significant geological characteristics conducive to gold discovery [8]. - Drilling has revealed anomalous gold extending over 500 meters along a 1,500-meter strike length, with potential for further exploration in the surrounding area [8]. Group 4: Company Background - Thunder Gold Corp. is a junior exploration company focused on gold discovery in Canada, with its operations centered on the Tower Mountain Gold Property [9].
Above Food Ingredients Inc. Provides Update on Fiscal 2025 Audit and Raises Fiscal 2026 Profit Guidance to over $40 Million
Newsfile· 2025-12-12 12:05
Core Insights - Above Food Ingredients Inc. is progressing well with its audit for the fiscal year ending January 31, 2025, despite some delays due to illness-related challenges within the audit team [1][2] - The company has raised its profit guidance for fiscal 2026 to over $40 million, up from a previous expectation of $30 million, indicating strong financial performance [3] Audit Progress - The audit is expected to be completed shortly after the new year, with the company applying for a 180-day extension from Nasdaq due to the delays [2] - The strong working relationship with auditors has been emphasized, highlighting their sector expertise [1] Financial Performance - Above Food anticipates a significant increase in profit for fiscal 2026, projecting over $40 million, which reflects a 33.33% increase from the earlier forecast of $30 million [3]
Metal Energy Announces Additional Strategic Investor: Teck Acquires 9.9% Equity Interest to Fund Exploration on the NIV Property in BC
Newsfile· 2025-12-12 11:00
Core Insights - Metal Energy Corp. announces a strategic investment from Teck Resources Limited, acquiring a 9.9% equity interest, joining Centerra Gold Inc. as a strategic investor [1][2][4] Strategic Investments - Teck and Centerra will each subscribe for 4,442,000 shares of a total of 8,880,000 common shares at a price of C$0.73 per FT Share and 6,200,000 common shares at C$0.45 per Share, resulting in both holding approximately 9.9% of Metal Energy's issued shares [4] - An investor rights agreement will be established with Teck, similar to that with Centerra, ensuring funds are allocated for exploration on the NIV property [4] Company Overview - Metal Energy focuses on critical metals exploration, particularly copper and gold assets in Canada, with the NIV project being fully permitted and drill-ready [6] - The NIV project is located in British Columbia's Toodoggone District, known for significant porphyry deposits, adding to Metal Energy's portfolio of three high-potential projects [6][13] Future Outlook - The company anticipates that the involvement of two major mining companies will attract attention from the broader mining investment community as it aims for further discoveries in the region [3] - The closing of the offering is expected around December 16, 2025, pending regulatory approvals [5]
Happy Belly Food Group's Heal Wellness QSR Announces Grand Opening of Newest Location in Toronto's Eaton Center
Newsfile· 2025-12-12 11:00
Core Insights - Happy Belly Food Group Inc. has opened its 30th location of Heal Wellness in the Toronto Eaton Centre, a significant milestone for the brand [1][4] - The new location is strategically positioned in a high-traffic area, attracting over 50 million visitors annually, which is expected to enhance brand visibility and customer engagement [3][4] - Heal Wellness specializes in fresh smoothie bowls and smoothies, catering to health-conscious consumers, particularly students from the nearby Toronto Metropolitan University [3][6] Company Expansion - Heal Wellness is rapidly expanding, with 30 locations currently operational and over 168 more in development across Canada and the United States [4] - Happy Belly Food Group has a total of 646 contractually committed retail franchise locations across various emerging brands, indicating a robust growth strategy [4] Brand Mission - Heal Wellness aims to provide quick, fresh wellness foods that support an active lifestyle, focusing on high-quality superfood ingredients [6]
Davos 2026 Marks a Milestone for Longevity and Frontier Investments
Newsfile· 2025-12-12 08:19
Core Insights - The article highlights two significant events organized by Longevity Investors during the World Economic Forum week in January 2026, aimed at fostering investment in longevity and transformative technologies [2][3][8] Event Summaries Longevity Investors Lunch (LIL) - Scheduled for January 20, 2026, at the Hotel Seehof in Davos, this event serves as a platform for dialogue among investors, scientists, and industry leaders focused on longevity and rejuvenation biotechnology [4][5] - The format includes a five-hour intensive session that combines presentations, discussions, and structured networking opportunities [5][6] - Notable speakers include experts in longevity medicine, AI-enabled biotechnology, and preventive health, with more speakers to be announced [7][10] Future Investments Circle (FIC) - Taking place on January 22, 2026, this inaugural event aims to connect visionary investors with entrepreneurs and technologies that will shape future industries [13][21] - Co-hosted with Global Conversations, FIC will focus on deep tech, space, robotics, AI-powered science, and advanced engineering [14][19] - The program will feature dynamic discussions, including panels on the space economy and robotics, highlighting investment opportunities in these sectors [16][20]
Edison Issues Report on Borussia Dortmund (BVB)
Newsfile· 2025-12-12 07:44
Core Insights - Borussia Dortmund is recognized as one of Europe's leading football clubs, demonstrating consistent success in both domestic and European competitions [1] - The club has achieved a 20-year revenue compound annual growth rate (CAGR) of approximately 10%, driven by expanding global audiences, increasing media rights demand, and developing sponsorship partnerships [1] - Management's conservative approach to operating costs and player investments has resulted in a long-term record of positive net income and free cash generation, contrasting with the general perception of football clubs' financial health [1] - The valuation of Borussia Dortmund appears attractive when compared to its peers and its historical trading performance [1]
Bayridge Completes Acquisition of 51% Interest in the Baker Lake Uranium Project
Newsfile· 2025-12-12 02:10
Core Points - Bayridge Resources Corp. has completed the acquisition of a 51% interest in the Baker Lake Uranium Project located in the Kivalliq Region of Nunavut [1] - The acquisition involved the issuance of 5,599,998 common shares to the vendors, with no new control blocks created [2] - The Baker Lake Uranium Project consists of 83 contiguous claims covering 619 km², with exploration defining a 75 km unconformity and multiple uranium targets [5] Company Overview - Bayridge Resources Corp. is focused on advancing its portfolio of Canadian uranium projects, including the Baker Lake Uranium Project and a 40% interest in the Waterbury East project [5] - The Waterbury East project is located 25 km northeast of the Cigar Lake Mine and has identified a 7 km long conductivity corridor with potential uranium enrichment [5] Financial Considerations - The company plans to pay a finder's fee of up to $139,999.95 in connection with the acquisition [4] - The shares issued as consideration for the acquisition are subject to resale restrictions, which will last for a minimum of four months and one day after the distribution date [3]