Core Viewpoint - Nine Mile Metals Ltd. has announced positive Certified Assay results for volcanogenic massive sulphide (VMS) mineralization from the Wedge VMS Project, indicating significant potential for copper and other metals in the area [1][12]. Summary by Relevant Sections Company Overview - Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS exploration in the Bathurst Mining Camp, New Brunswick, with a primary objective to explore four VMS Projects [12]. Assay Results - The assay results from ALS Global show high-grade copper mineralization, with notable samples including: - Sample 280366: 15.21% CuEq - Sample 280370: 9.82% CuEq - Other samples also show varying grades of copper, zinc, gold, and silver [2][14][11]. Historical Context - The Wedge mine, operational from 1962 to 1968, produced 1.5 million tonnes of predominantly copper ore, with expectations that over 60% of the deposit remains unmined [1]. Exploration Insights - The surface samples collected reflect the copper-rich nature of the Wedge, with early drill core observations being encouraging [9][10]. - The company is actively engaged in drilling and sampling, with a focus on expediting assay results [9][10]. Technical Analysis - The primary analytical method for the samples involves multi-element ICP analysis, with additional ore grade analysis triggered for overlimit results [2]. - Copper Equivalent (Cu-Eq) calculations are based on current metal prices and assume an 80% recovery rate for all metals [11].

Core Viewpoint - Brunswick Corporation is well-positioned for a recovery in the marine market, with expectations for increased consumer spending on leisure items by 2026 [2]. Financial Performance - In Q3 2025, Brunswick reported revenue of $1.36 billion, reflecting a 6.8% increase year-over-year [3]. - The company's free cash flow reached $111 million in Q3, totaling $355 million year-to-date, which facilitated $70 million in share repurchases and an increased debt reduction target of $200 million [4]. Market Position - Brunswick is the largest producer of recreational marine products, indicating a strong market presence [2]. - The marine market is characterized as highly cyclical, suggesting that current conditions may present a strategic entry point for investors [2]. Segment Performance - Boat retail sales remained flat year-over-year, showing improvement compared to the first half of the year, while Freedom Boat Club contributed approximately 13% to segment sales [3].

Core Insights - Makenita Resources Inc. has more than doubled its landholdings in the Sisson West Tungsten Project, now totaling approximately 9,400 contiguous acres, which is prospective for tungsten and borders the Sisson Tungsten Mine [1][2] - The Sisson Tungsten Mine has been designated as one of the first "Nation-Building Projects" by Canadian Prime Minister Mark Carney, highlighting its strategic importance [1][2] - The price of tungsten has increased over 100% this year, reaching near-year highs, which positions Makenita favorably for growth in 2026 [2] Company Developments - The new acreage for the Sisson West Tungsten Project was acquired through staking, indicating proactive expansion efforts by the company [6] - Makenita Resources has a small share count of just over 30 million, which may enhance shareholder value as the company progresses with its projects [2] Market Context - The significant rise in tungsten prices, coupled with the strategic designation of the Sisson Tungsten Mine, suggests a favorable market environment for Makenita Resources [2]

Core Insights - Makenita Resources has more than doubled its landholdings in the Sisson West Tungsten Project, now totaling approximately 9,400 contiguous acres, which are prospective for tungsten and border the Sisson Tungsten Mine [1][2] - The Sisson Tungsten Mine was recently designated as one of Canada's first "Nation-Building Projects" by Prime Minister Mark Carney, indicating governmental support for the mining sector [1][2] - The price of tungsten has increased over 100% this year, reaching near-year highs, which positions Makenita favorably for growth in 2026 [2] Company Developments - The new acreage was acquired through staking, reflecting the company's strategic expansion in a promising mining area [6] - Makenita Resources has a small share count of just over 30 million, which may enhance shareholder value as the company progresses with its projects [2] Industry Context - The designation of the Sisson Tungsten Mine as a "Nation-Building Project" suggests a favorable regulatory environment for mining operations in Canada, potentially benefiting companies like Makenita [1][2] - The significant rise in tungsten prices may attract more investment and interest in tungsten mining projects, indicating a positive trend for the industry [2]

Core Points - Mercury Marine has entered into a new five-year exclusive supply agreement with Axopar Boats, reinforcing their long-standing partnership and commitment to enhancing the boating experience globally [1][3] - The collaboration emphasizes innovation and high performance, with Mercury's outboard engines being the exclusive power choice for Axopar's expanding fleet [3][2] - Axopar is set to showcase the Axopar 38 at the Dusseldorf Boat Show, powered by Mercury's twin 350hp V10 outboards, highlighting advancements in power and design [4] Company Overview - Mercury Marine is a leading manufacturer of recreational marine propulsion engines and is a division of Brunswick Corporation [5] - The company offers a wide range of products including outboard engines, sterndrive and inboard packages, propellers, inflatable boats, and marine parts distribution [5] - Mercury Marine is recognized for its reliability and customer support, aiming to empower boaters with user-friendly and dependable products [5]

Core Insights - Mercury Marine has renewed its exclusive supply agreement with Saxdor Yachts for the next five years, continuing a partnership that began six years ago [1][2] - The partnership has led to significant achievements in the recreational boating industry, with both companies focusing on quality, innovation, and customer satisfaction [2] - The renewed agreement allows Saxdor to utilize Mercury's advanced propulsion solutions, enhancing its competitive edge in the market [3] Company Overview - Mercury Marine is a leading manufacturer of recreational marine propulsion engines and is a division of Brunswick Corporation [5] - The company offers a wide range of products including outboard engines, sterndrive and inboard packages, propellers, inflatable boats, and marine electronics [5] - Mercury Marine is recognized for its commitment to reliability and customer support, providing a global service network for its products [5]

Core Points - Brunswick Corporation announced a tender offer to purchase up to $100,000,000 of its 5.100% Senior Notes due 2052 [1] - The total consideration for validly tendered notes includes a fixed spread over the yield of a reference U.S. Treasury Security and an early tender premium of $50.00 per $1,000 [2][3] - The offer will expire on December 11, 2025, unless extended or terminated earlier [1] Offer Details - The tender offer is for an aggregate principal amount of up to $100,000,000 of 5.100% Senior Notes, with a total outstanding amount of $300,000,000 [1] - The reference U.S. Treasury Security is due August 15, 2055, with a yield of 4.685% [1] - The fixed spread for the notes is 175 basis points [1] Eligibility and Conditions - Only holders who validly tendered their notes by the Early Tender Deadline of November 25, 2025, are eligible for the total consideration [2][3] - Withdrawal rights for the notes expired at the Early Tender Deadline [4] Management and Contact Information - Wells Fargo Securities, LLC is the dealer manager for the offer, and D.F. King & Co., Inc. is the depositary and information agent [5] - Investors can contact Wells Fargo Securities for inquiries regarding the offer [5]

Core Viewpoint - Brunswick Corporation has announced an increase in the maximum aggregate principal amount for its tender offer to purchase its 5.100% Senior Notes due 2052 from $50 million to $100 million, reflecting strong interest in the offer [1]. Offer Details - The tender offer is for an aggregate principal amount of $300 million of 5.100% Senior Notes, with a Tender Cap now set at $100 million [2]. - The early tender premium is set at $50.00 per $1,000 principal amount of the Notes accepted for purchase [4]. - The total consideration for the Notes will be determined based on a fixed spread of 175 basis points over the yield of a reference U.S. Treasury Security [2][4]. Tender Results - As of the early tender deadline on November 25, 2025, $111,327,000 of the Notes had been validly tendered [3]. - Due to the total amount tendered exceeding the Tender Cap, the company will accept only a portion of the validly tendered Notes, applying a proration rate of approximately 90.2% [6]. - The settlement date for the accepted Notes is expected to be December 1, 2025 [6]. Additional Information - Wells Fargo Securities, LLC is serving as the dealer manager for the offer, while D.F. King & Co., Inc. is the depositary and information agent [8]. - The offer will expire at 5:00 p.m. Eastern Time on December 11, 2025, unless extended [2].

Core Insights - Makenita Resources Inc. has successfully closed an acquisition of the "Sisson West Tungsten Project" in New Brunswick and the "NTX Rare Earth Project" in Quebec, enhancing its portfolio in the mining sector [1][2] - The Sisson West Tungsten Project spans approximately 4,000 contiguous acres, while the NTX Rare Earth Project covers around 9,000 acres, both of which are prospective for valuable minerals [1][2] - The acquisition is timely as rare earths have gained significant attention globally, and the Sisson Tungsten Mine has been designated a "Nation Building Project" by Prime Minister Mark Carney, which could positively impact Makenita's operations [2] Financial Terms of the Acquisition - The option agreement allows Makenita to earn a 100% interest in the properties by issuing a total of 3,000,000 common shares at a deemed price of $0.06 per share, along with 1,500,000 transferable warrants exercisable at $0.08 per share for three years, and a cash payment of $30,000 [5][10] - All issued shares and warrants will be subject to a standard hold period of four months plus a day [6] Future Plans and Market Position - Makenita plans to be active on the newly acquired claims in the short term, leveraging its relatively low share count of 33 million shares outstanding to facilitate immediate and future growth [2]

Core Insights - Brunswick Corporation has been recognized in the 2026 Forbes America's Best Companies list, highlighting its strength, innovation, and performance in the marine technology sector [1][2] - The recognition reflects the effectiveness of Brunswick's long-term strategy and the dedication of its global teams in delivering innovative products and experiences [2][3] Company Overview - Brunswick Corporation is the world's largest marine technology company, focusing on transforming experiences in marine recreation through technology-driven solutions [4] - The company operates over 60 industry-leading brands, including Mercury Marine, Boston Whaler, and Sea Ray, and has approximately 15,000 employees across more than 25 countries [4] Recognition and Awards - The Forbes America's Best Companies list evaluates organizations based on over 100 metrics across 11 categories, including financial performance and employee experience [2] - Brunswick has received multiple accolades for its culture, leadership, and innovation, including being named America's Best Large Employers for 2024 by Forbes for the sixth consecutive year [4]