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Eric Sprott Announces Changes to His Holdings of Gold Terra Resource Corp.
Newsfile· 2025-11-28 22:28
Core Points - Eric Sprott's company, 2176423 Ontario Ltd., acquired 20,000,000 Common Shares of Gold Terra Resource Corp. at a price of $0.10 per share, totaling $2,000,000 [1] - Following the acquisition, Sprott's total holdings increased from 30,000,000 Shares (7.3% of outstanding Shares) to 50,000,000 Shares (10.7% of outstanding Shares), surpassing the 10% threshold which necessitates an early warning report [2] - The securities are held for investment purposes, with a long-term view, and Sprott may consider acquiring additional securities or selling them based on market conditions and other relevant factors [3]
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Telix Pharmaceuticals Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - TLX
Newsfile· 2025-11-28 22:26
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Telix Pharmaceuticals Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - TLXNovember 28, 2025 5:26 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - November 28, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Telix Pharmaceuticals Ltd. (NASDAQ: TLX) between February 21, 2025 and August 28, 2025, both da ...
Eguana Announces Third Quarter 2025 Financial Results
Newsfile· 2025-11-28 22:00
Core Insights - Eguana Technologies Inc. reported a year-to-date revenue of $2.06 million, marking a 310% increase compared to the same period last year, while Q3 2025 revenue reached $132,000, an 8.3% increase from Q3 2024 [4][3] - The company achieved a year-to-date gross margin of 42%, a significant improvement from a negative 66% in the prior year, although Q3 2025 gross margin was negative 16%, an improvement from negative 139% in Q3 2024 [4][3] - Eguana's operating loss for Q3 2025 was $1,124,527, reduced from a loss of $1,579,623 in the same quarter of 2024, attributed to lower operational expenses [4][3] Financial Performance - Year-to-date revenue of $2.06 million represents a 310% increase year-over-year [4] - Q3 2025 revenue of $132,000 shows an 8.3% increase compared to Q3 2024 [4] - Year-to-date gross margin improved to 42% from negative 66% in the previous year [4] - Q3 2025 gross margin was negative 16%, improved from negative 139% in Q3 2024 [4] - Operating loss for Q3 2025 was $1,124,527, down from $1,579,623 in Q3 2024 [4] Business Developments - Eguana is expanding its fleet in British Columbia as it enters the winter peak season, demonstrating the performance of its feeder support [4][3] - The company has completed a megawatt rollout for targeted feeder improvements and received follow-on orders for additional upgrades [4][3] - Eguana is negotiating with a BC utility partner to enhance recurring revenue streams through grid services and fleet management capabilities [4][3] - A digital marketing program has been initiated in partnership with the utility to promote battery and demand response incentive programs [4][3] - The company is advancing its Virtual Power Plant (VPP) initiatives in Northern California and has completed product installations as part of collaborative energy programs [4][3]
Royal Helium Ltd. Announces Exit and Closing of CCAA Transaction
Newsfile· 2025-11-28 22:00
Core Viewpoint - Royal Helium Ltd. has successfully exited the CCAA Proceedings through a reverse takeover transaction with Keranic Industrial Gas Inc., marking a significant restructuring and strategic partnership in the helium sector [1][2]. Transaction Summary - The transaction involved a three-cornered amalgamation, resulting in the formation of a new wholly-owned subsidiary of Royal and the removal of the Target Companies from CCAA Proceedings [2]. - Prior to the amalgamation, Royal completed an 8:1 consolidation of its common shares and amended its articles to create two classes of shares: Class A common voting shares and Class B preferred non-voting shares [3]. - All existing debentures, options, and warrants of Royal were terminated as part of the transaction [3]. - The liabilities of the Target Companies were transferred to a residual company, while the assets were acquired by Keranic [4]. Financing Details - Keranic raised funds through a brokered subscription receipt financing of 7,030,000 subscription receipts at $0.50 each and a non-brokered common share offering of 75,901,328 Class A shares at $0.02108 each [6]. - The proceeds from these offerings were utilized to satisfy the purchase price of the transaction [6]. Strategic Investor - An affiliate of AirLife Gases Private Limited invested $2,000,000 in the Subscription Receipt Offering and $930,000 in the Share Offering, acquiring a significant stake of approximately 52.9% in Royal's Class A Shares post-transaction [9]. - The Strategic Investor is a well-established supplier of helium and specialty gases, with a strong presence in high-growth sectors such as healthcare and aerospace [10][12]. - The Strategic Investor has secured rights to nominate directors to Royal's board and has been granted corporate naming rights, subject to approval [13]. Asset Overview - The transaction encompasses Royal's extensive helium land position of approximately 600,000 acres across Saskatchewan and Alberta, with multiple helium discoveries [15]. - The Steveville plant facility, capable of processing 15,000 Mcf/day of raw gas, is expected to restart production within 12 weeks, with full capacity anticipated within 10 months [15]. Trading Update - Royal plans to apply for the listing of its Class A Shares on the TSX Venture Exchange, pending approval [16]. Advisory Information - Research Capital Corporation acted as the financial advisor for the transaction, with legal counsel provided by McDougall Gauley LLP [17].
Yangaroo Announces Third Quarter 2025 Financial Results
Newsfile· 2025-11-28 22:00
Core Viewpoint - Yangaroo Inc. reported its thirteenth consecutive quarter of positive Normalized EBITDA, reflecting strong operational focus and cost management despite a challenging geopolitical environment [3][6]. Financial Performance - Total revenue for Q3 2025 was $1,572,017, a decline of $370,508 or approximately 19% year-over-year, attributed to increased tariff-related costs and a cautious spending environment [4][13]. - The company recorded an operating loss of $95,609 and Normalized EBITDA of $152,906 for Q3 2025, compared to an operating income of $348,983 and Normalized EBITDA of $466,458 in Q3 2024 [5][13]. - For the nine months ended September 30, 2025, the company reported an operating loss of $89,860 and Normalized EBITDA of $638,066, down from operating income of $477,056 and Normalized EBITDA of $1,041,857 in the same period of 2024 [5]. Revenue Breakdown - Revenue decreased by $276,245 or 21% in Advertising and $94,263 or 15% in Entertainment compared to Q3 2024 [13]. - Revenue decreased by $79,424 or 5% compared to Q2 2025, primarily due to lower Advertising and Music revenue [13]. - Awards revenue increased by $65,294 or 29% due to seasonality, as the third quarter typically represents a strong period for Awards shows [13]. Operating Expenses - Operating expenses in Q3 2025 were $1,667,626, an increase of $74,084 or 5% compared to Q3 2024, driven by higher depreciation and legal fees [13]. - Operating expenses decreased by $2,593 or 1% compared to Q2 2025, attributed to cost control initiatives [13]. Strategic Focus - The company maintained strong service levels, added new clients, and expanded its U.S. and Canadian clearance service capabilities despite the softening advertising volumes [7]. - Yangaroo continues to support major U.S. and Canadian Awards Shows and invest in platform improvements to enhance configurability and onboarding timelines [8][10]. Legal Matters - The company reached a settlement agreement of $150,000 related to the acquisition of Digital Media Services Inc. and anticipates a receipt of $550,000 from a finalized legal settlement [15]. Shares for Services - Yangaroo will issue a total of 101,662 common shares under a Shares for Services Arrangement for the months of August through October 2025 [16].
Nio Strategic Metals Announces Flow-Through Shares Private Placement to Advance Oka Explorations
Newsfile· 2025-11-28 21:31
Core Points - Nio Strategic Metals Inc. has arranged a private placement of 6,000,000 flow-through common shares for gross proceeds of approximately $750,000 [1][4] - The private placement is subject to final acceptance by the TSX Venture Exchange and necessary regulatory approvals, with a four-month hold period from the issuance date [2] - The proceeds will be exclusively used for qualifying Canadian Exploration Expenditures related to exploration and mineral resource evaluation on the Oka and Fafnir properties in Quebec [4] Financial Details - The company issued 175,000 finder's warrants in connection with the private placement and will pay commissions of $26,250 [3] - Each finder's warrant allows the holder to acquire one additional common share at a price of $0.15 per share for 24 months from the issuance date [3] Company Overview - Nio Strategic Metals focuses on becoming a ferroniobium producer and holds niobium properties in Oka and near Mont-Laurier, Quebec [6]
MineHub Announces Change of Fiscal Year End
Newsfile· 2025-11-28 21:30
Core Points - MineHub Technologies Inc. is changing its fiscal year-end from January 31 to December 31 to align better with industry peers and subsidiary reporting obligations [1][2] - The next financial year-end for the company will be December 31, 2025 [2] Company Overview - MineHub is a digital supply chain platform focused on the commodity markets, enhancing the efficiency, resilience, and sustainability of raw material supply chains [4] - The company provides enterprise-grade digital solutions that connect various stakeholders in physical commodities supply chains, enabling better resource optimization and customer service [4]
Powermax Minerals Announces Closing of $3M Private Placement Offerings
Newsfile· 2025-11-28 21:15
Core Points - Powermax Minerals Inc. has completed two non-brokered private placement offerings, raising a total of $3,000,000 in gross proceeds [1][2]. Group 1: Non-FT Private Placement - The Non-FT Private Placement consisted of 1,643,947 units priced at $0.76 each, generating gross proceeds of $1,249,400 [1]. - Each Non-FT Unit includes one common share and one share purchase warrant, with the warrant allowing the purchase of one share at $0.95 for 36 months [1]. Group 2: FT Private Placement - The FT Private Placement involved 1,945,000 flow-through units priced at $0.90 each, resulting in gross proceeds of $1,750,500 [2]. - Each FT Unit consists of one flow-through share and one non-flow-through share purchase warrant, with the warrant allowing the purchase of one share at $1.10 for 24 months [2][3]. Group 3: Use of Proceeds - Proceeds from the Non-FT Units will be used for general working capital and exploration work on mineral projects in British Columbia and Ontario [5]. - Proceeds from the FT Units are designated for Canadian exploration expenses qualifying as flow-through mining expenditures [5]. Group 4: Finder's Fees - The company paid $164,994 in finder's fees and issued 195,600 finder's warrants, each exercisable into one share at $0.95 for 36 months [4]. Group 5: Company Overview - Powermax Minerals Inc. is focused on advancing rare earth element projects and holds options for mineral claims in British Columbia and Ontario [8].
PesoRama Announces Final Closing of $5 Million Equity Financing
Newsfile· 2025-11-28 21:00
Core Viewpoint - PesoRama Inc. has successfully closed a $5 million equity financing to support its expansion plans in Mexico, particularly under the JOI DOLLAR PLUS brand [1][2]. Financing Details - The equity offering raised gross proceeds of $5,000,000 by selling 20,000,000 units at a price of $0.25 per unit [1]. - The final closing included 6,000,000 units issued to accredited investors for gross proceeds of $1,500,000, while the first closing involved 14,000,000 units [3]. - The company will pay a cash commission of up to $105,000 and issue up to 420,000 finder warrants, each exercisable into one unit at a price of $0.25 [4]. Use of Proceeds - The net proceeds from the offering will be utilized for store expansion and working capital [4]. Company Overview - PesoRama operates dollar stores in Mexico, having launched in 2019, and currently has 29 stores offering a variety of merchandise including household goods, pet supplies, and health and beauty products [9].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages StubHub Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - STUB
Newsfile· 2025-11-28 20:01
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages StubHub Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - STUBNovember 28, 2025 3:01 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - November 28, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of StubHub Holdings, Inc. (NYSE: STUB) pursuant and/or traceable to the Registration State ...