Core Viewpoint - Heliostar Metals Ltd. has appointed Mr. James Perry as the new Chairman, succeeding Mr. Jacques Vaillancourt, marking a significant leadership transition at a pivotal growth phase for the company [1][2]. Leadership Transition - Mr. James Perry has taken over as Chairman during the company's Annual General & Special Meeting held on November 26, 2025, indicating a strategic shift in leadership [1]. - Mr. Perry expressed enthusiasm about joining Heliostar at this critical juncture, emphasizing the company's strong foundation and potential to become a leading gold producer in the Americas [2]. Company Growth Strategy - The company aims to achieve a production target of 500,000 ounces per year by the end of the decade, highlighting its ambitious growth plans [2]. - Charles Funk, President and CEO, acknowledged Mr. Perry's previous experience at Newcrest Mining and his reputation in the industry, which will contribute to Heliostar's growth strategy [2]. Mr. James Perry's Background - Mr. Perry has over 17 years of experience in the global mining sector, with a focus on business development, corporate strategy, and governance [3]. - He previously worked at Newcrest Mining, which was acquired by Newmont Mining for approximately US$19 billion in 2023, showcasing his involvement in significant industry transactions [3]. Incentive Plan - Heliostar has issued an incentive plan that includes 250,000 stock options at an exercise price of $2.63 and 200,000 restricted share units (RSUs) for directors, officers, and consultants [4]. - The stock options will be exercisable for five years and vest over three years, while the RSUs will vest in three equal annual installments starting from the first anniversary of the grant date [4]. Company Overview - Heliostar Metals Ltd. is a gold mining company with operations in Mexico, including the La Colorada Mine and the San Agustin Mine [5]. - The company also has a portfolio of development and exploration projects in Mexico and the USA, including the Ana Paula project, Cerro del Gallo project, San Antonio project, and Unga project in Alaska [5].

Core Viewpoint - Ivanhoe Mines has successfully commenced the heat-up of Africa's largest and greenest copper smelter at Kamoa-Kakula, marking a significant milestone for the company and the Congolese mining industry [1][19]. Group 1: Smelter Operations - The Kamoa-Kakula smelter, with a capacity of 500,000 tonnes per annum, began its heat-up on November 21, 2025, and is expected to process its first feed of concentrate by the end of the year [1][12]. - The smelter aims to produce 99.7% copper anodes, with the management prioritizing the processing of concentrates from the Phase 1, 2, and 3 concentrators [12][26]. - Prior to the start-up, Kamoa-Kakula held approximately 37,000 tonnes of copper in concentrate, which is expected to reduce to around 17,000 tonnes during 2026 as the smelter ramps up operations [13][26]. Group 2: Community and Cultural Significance - The opening ceremony included a traditional blessing by local community leaders, symbolizing the transformative change at Kamoa-Kakula and the integration of local culture into the project [2][4]. - The ceremonial flame used to ignite the smelter was carried from a traditional site, emphasizing the connection between the project and the local community [5][10]. Group 3: Technical and Infrastructure Details - The smelter is equipped with a 60-megawatt uninterruptible power supply (UPS) to provide backup power, along with approximately 180 MW of on-site diesel-powered generator capacity [14]. - The heat-up process is progressing well, with the furnace temperature reaching 800 degrees Celsius, and will be maintained at this level for nine days to complete the commissioning of various systems [15].

Core Insights - Geiger Energy Corporation plans to initiate a drilling program at its Hook project in February 2026, targeting two areas with elevated radioactivity, TT and TAB, which were identified in 2024 [2][3][8] Project Overview - The Hook project is located in the Athabasca Basin of northern Saskatchewan and is considered fertile for additional mineralized systems, particularly in the TT and TAB areas [3][7] - The TT area is approximately 5.5 km southwest of the ACKIO discovery, with drill intersections showing clay alteration ranging from 30 to 145 meters in thickness across five drill holes [6][8] - The TAB area, located about 6 km northeast of ACKIO, has shown strong fracturing and hydrothermal alteration between 130 and 230 meters in thickness in two drill holes [6][8] Drilling Program Details - The drilling program will consist of three to five planned drill holes at both TT and TAB to test below the alteration envelopes and target potential mineralization sources [5][6] - The TT target will focus on a structural corridor similar to the ACKIO discovery, while the TAB target will investigate a broad gravity anomaly supported by anomalous lake sediment results [5][6] Geological Context - The alteration systems at TT and TAB share similarities with major uranium deposit corridors in the Athabasca Basin, indicating potential for significant mineralization [7][8] - The presence of clay alteration and elevated radioactivity suggests the possibility of additional uranium mineralization discoveries in the project area [7][8] Company Background - Geiger Energy holds approximately 390,000 hectares of exploration ground in the Athabasca Basin and an additional 95,519 hectares in Nunavut's Thelon Basin, focusing on high-grade uranium deposits [9][10]

Core Insights - Happy Belly Food Group Inc. announces the grand opening of a new Heal Wellness location in Calgary, Alberta, marking the brand's 6th location in Calgary and 9th in Alberta, contributing to its expansion in Western Canada [1][3][4] Expansion and Growth - Heal Wellness currently operates 28 locations and has over 168 in development, indicating strong growth potential within the quick-service restaurant (QSR) sector focused on wellness [4][5] - The new location in Bridgeland is strategically positioned to attract a diverse customer base, including young professionals, families, and health-conscious consumers, enhancing Heal's market presence [3][4] Business Model and Strategy - The company emphasizes a scalable, asset-light growth model, partnering with strong local operators to maximize the brand's reach in high-quality trade areas [3][4] - The multi-unit franchisee in Calgary is committed to expanding their Heal portfolio, aiming for a total of 15 units, showcasing the brand's attractive unit economics [3][4] Brand Positioning - Heal Wellness aims to establish itself as a leading smoothie bowl and wellness QSR brand in Western Canada, focusing on fresh, energizing food options that cater to busy lifestyles [3][8] - The brand prides itself on using high-quality superfood ingredients in its offerings, which include smoothie bowls and smoothies designed to support active lifestyles [8]

Core Insights - Mundoro Capital Inc. reported its financial results for the nine-month periods ending September 30, 2025, and 2024, alongside updates on exploration activities in partnership with BHP and JOGMEC [1][4] Financial Highlights - The company raised approximately C$1,517,500 through a non-brokered private placement by issuing 5,836,540 common shares at C$0.26 each [3] - As of September 30, 2025, the company held C$4,241,082 in cash and cash equivalents [6] - Fee income for the nine months ended September 30, 2025, totaled C$1,107,464, a 10% increase from C$1,042,956 in the same period of 2024 [6] - Exploration expenditures decreased to C$4,885,987 in 2025 from C$5,980,712 in 2024, with net exploration costs of C$901,730 in 2025 compared to C$825,565 in 2024 [6] - The company recorded a net loss of C$952,269 for the nine months ended September 30, 2025, compared to a net loss of C$643,141 in 2024 [9] Exploration Activities - Mundoro entered into an option agreement with BHP for seven exploration licenses in Serbia, allowing BHP to earn 100% ownership by funding US$35 million in exploration expenditures over ten years [5] - Drilling commenced at the Trstenik project, with a current depth of 441.6 meters out of a targeted 900 meters [5][13] - The company is advancing commercialization discussions for the Dos Cabezos Project in Arizona, with due diligence facilitated through a data room and site visits [5][16] - A generative program is underway to evaluate additional prospective metallogenic belts in the Western USA [21] Future Plans - The company plans to integrate drill results with new geophysical data to refine drill targets for the upcoming quarters [9][12] - A comprehensive 3D model for the Southern Targets is expected to be completed, enhancing the understanding of the mineralized system [12] - The company aims to finalize a drilling proposal for the South Timok Project Area in Q4-2025, detailing target sequencing and total meterage for the campaign [13][22]

Core Viewpoint - The Perrigo Company plc is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding the financial health of its infant formula business acquired from Nestlé [1][3]. Group 1: Class Action Details - The class action lawsuit is titled French v. Perrigo Company plc and covers securities purchases made between February 27, 2023, and November 4, 2025, with a deadline for lead plaintiff applications set for January 16, 2026 [1][8]. - The lawsuit alleges that Perrigo's acquisition of Nestlé's Gateway infant formula plant for $170 million was marred by significant underinvestment and operational deficiencies [2][3]. Group 2: Financial Implications - On February 27, 2024, Perrigo disclosed acquisition-related charges of $35 million to $45 million for remediation efforts, alongside a 50% decline in earnings per share compared to the previous year, leading to a stock price drop of over 15% [4]. - On May 7, 2024, Perrigo reported net sales of $91 million, a decrease of 34.5%, and a gross margin decline of 90 basis points, resulting in a nearly 10% drop in stock price [5]. - On August 6, 2025, Perrigo's adjusted gross profit decreased by $30 million (6.9%), with a reported gross margin of 34.4%, causing an over 11% decline in stock price [6]. - On November 5, 2025, Perrigo announced a strategic review of its infant formula business, slashing its fiscal year 2025 outlook, which included a negative sales growth guidance of -2.5% to -3% and a significant cut in expected earnings per share, leading to a stock price drop of over 25% [7].

Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") is pleased to provide an update on the planned drill program for Q1 2026. The drill program will consist of two phases with a total of 4,000 metres. Stephen Barley, Chairman and CEO, stated: "The commencing of a drill program at Ninobamba is exciting and a major accomplishment. Newmont Mining Corp. ("Newmont") spent US$7 m in historical work ...

Core Insights - Sigma Lithium Corporation is positioning itself as a leader in sustainable lithium production, emphasizing Brazil's potential to dominate the global sustainable lithium market through its unique production model and strong ESG standards [2][3][5]. Company Engagements at COP30 - Sigma Lithium participated in high-level discussions at COP30, focusing on sustainable mineral supply chains, energy transition, and climate-aligned industrial development [4][5]. - Key executives, including CEO Ana Cabral, engaged in strategic dialogues with governments, multilateral institutions, and industry leaders, reinforcing the company's commitment to responsible mining practices [6][7]. Sustainable Practices - The company highlighted its Quintuple Zero production model, which includes zero tailings dams, 100% renewable energy, zero use of potable water, and zero hazardous chemicals [5][10]. - Sigma Lithium's operational model aligns with ESG priorities, showcasing its commitment to renewable energy, biodiversity protection, and community development [6][11]. Production Capacity - Sigma Lithium currently produces 270,000 tonnes of lithium oxide concentrate annually, with plans to double this capacity to 520,000 tonnes through the construction of a second plant [12].

Core Viewpoint - Firefly Aerospace Inc. is facing a class action lawsuit due to alleged violations of securities laws related to its initial public offering and subsequent financial disclosures, which reportedly misrepresented the company's operational readiness and financial performance [1][3]. Company Overview - Firefly Aerospace operates in the space and defense technology sector, providing mission solutions for national security, government, and commercial customers [2]. IPO Details - The company conducted its IPO on August 7, 2025, issuing approximately 19.3 million shares at an offering price of $45.00 per share [2]. Allegations of Misrepresentation - The lawsuit claims that Firefly Aerospace overstated demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program, which could have a material negative impact once revealed [3]. Financial Performance - In its first earnings report as a public company on September 22, 2025, Firefly Aerospace reported a loss of $80.3 million for Q2 2025, compared to a loss of $58.7 million in Q2 2024. Revenue was reported at $15.55 million, below analyst estimates of $17.25 million, and down 26.2% year-over-year [4]. - The Spacecraft Solutions segment reported revenue of only $9.2 million, representing a 49% year-over-year decrease [4]. Stock Price Impact - Following the earnings report, Firefly Aerospace's stock price fell more than 15%. Additionally, on September 29, 2025, the company disclosed an issue with its Alpha Flight 7 rocket, leading to a further decline of over 20% in its stock price [4][5].

Scottie Resources Unlocks ~C$9M from Bulk Sample - Successful 'Dry Run' Demonstrates Future Potential DSO PathwayDecember 01, 2025 4:00 AM EST | Source: Scottie Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Scottie Resources Corp. (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR80) ("Scottie" or the "Company") is pleased to report on the sale of its Bulk Sample which was mined, crushed, and transported over the 2025 summer season at the Bend Vein pit at the Scottie Gold ...