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Silver Crown Royalties Announces Update on Private Placement and up to $2 Million Brokered Life Offering Led by Centurion One Capital
Thenewswire· 2025-09-11 07:00
Core Viewpoint - Silver Crown Royalties Inc. is conducting a brokered private placement to raise up to $2,000,000 through the sale of units priced at $5.50 each, with the offering expected to close around September 26, 2025 [2][6]. Group 1: Offering Details - The offering will consist of up to 363,636 units, each comprising one common share and one common share purchase warrant [2][3]. - Each warrant allows the holder to purchase one share at $8.25 for 36 months, with an acceleration right if the share price exceeds $11.00 for 30 consecutive trading days [3]. - An additional option allows the lead agent to sell up to 54,545 units for an extra $300,000 [3]. Group 2: Use of Proceeds - The gross proceeds from the offering will be allocated to fund the final tranches of two existing silver royalties and for general working capital [4]. Group 3: Insider Participation - Certain insiders and the lead agent may acquire up to 25% of the offering, which will be considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [5]. Group 4: Regulatory and Compliance - The offering will be conducted under the listed issuer financing exemption and will not require a statutory hold period under applicable Canadian securities laws [7]. - The offering is subject to necessary approvals, including that of the Cboe Canada exchange [6]. Group 5: Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company focused on generating free cash flow and minimizing the economic burden on mining projects while maximizing shareholder returns [11].
Endurance Reports Additional High-Grade from Expanding Crown Zone 8.01 gpt Gold over 10.5 Metres
Newsfile· 2025-09-08 11:01
Endurance Reports Additional High-Grade from Expanding Crown Zone 8.01 gpt Gold over 10.5 MetresSeptember 08, 2025 7:01 AM EDT | Source: Endurance Gold CorporationVancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Endurance Gold Corporation (TSXV: EDG) (OTCQB: ENDGF) (FSE: 3EG) (the "Company") is pleased to announce assay results for three (3) additional drill holes from the Crown Zone at its Reliance Gold Project. All three (3) drill holes intersected strong gold mineralizati ...
Iamgold: Côté Is The Crown Jewel, Essakane The Achilles' Heel
Seeking Alpha· 2025-09-08 02:15
Group 1 - IAMGOLD derives 44% of its production from Burkina Faso, which raises concerns about the company's exposure to this region [1] - The significant reliance on Burkina Faso for production could pose risks to IAMGOLD's overall performance [1] Group 2 - Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors [2] - The investment philosophy emphasizes long-term value and disciplined research to uncover opportunities for strong returns [2] - The firm aims to provide actionable investment ideas that withstand the test of time [2]
Key Reasons to Add Crown Castle Stock to Your Portfolio Now
ZACKS· 2025-08-29 18:36
Core Insights - Crown Castle (CCI) is well-positioned to benefit from the anticipated increase in wireless data consumption, which is expected to drive demand for its wireless communication infrastructure assets [1][3] - The company has a strong balance sheet, with sufficient liquidity to support its growth initiatives [10] Industry Overview - The wireless communication industry is experiencing exponential growth in mobile data usage, driven by advancements in technologies such as 5G, edge computing, and the Internet of Things [3] - Service providers are expected to continue expanding and densifying their networks to meet the increasing demand for wireless data [1][3] Company Performance - Crown Castle reported a 4.7% organic growth in Q2 2025, excluding the impact of Sprint cancellations, driven by increased demand across its tower portfolio [4] - The Zacks Consensus Estimate for CCI's 2025 funds from operations (FFO) per share has increased by 3 cents to $4.21 over the past two months [2] Asset Portfolio - The company owns approximately 40,000 towers across the top 100 basic trading areas in the United States, positioning it favorably to capitalize on rising data demand [4][7] - Long-term lease agreements with major U.S. carriers provide recurring rental revenue and embedded rent growth, contributing to the stability of the company's cash flows [5][9] Financial Strength - As of Q2 2025, Crown Castle had $94 million in cash and $6.6 billion available under its credit facility, indicating a strong liquidity position [10] - The company plans to use cash proceeds from the closure of its fiber segment business to repay debt, further strengthening its balance sheet [10]
CROWN HOLDINGS RECEIVES VALIDATION OF NEW NET-ZERO TARGET THROUGH SBTI
Prnewswire· 2025-08-28 17:30
Core Viewpoint - Crown Holdings, Inc. has received validation from the Science Based Targets initiative (SBTi) for its updated near-term and new net-zero targets, aiming for net-zero greenhouse gas emissions across its value chain by 2050 [1][2]. Group 1: Sustainability Goals - The company aims to reduce its Scope 1 and 2 greenhouse gas emissions by 50% and Scope 3 emissions by 27.5% by 2030, using 2019 as the baseline [2]. - Crown Holdings is one of approximately 1,000 organizations that have set net-zero targets, highlighting its commitment to sustainability [2]. Group 2: Corporate Commitment - The Chairman, President, and CEO of Crown Holdings emphasized the company's unique position to contribute to industry sustainability through emissions reduction and the provision of recyclable products [3]. - The validation from SBTi reinforces the company's commitment to measurable progress in its sustainability initiatives, particularly the Twentyby30 program launched in 2020 [3][4]. Group 3: Collaboration and Progress - The Vice President of Global Sustainability & External Affairs stated that achieving SBTi validation is a critical step in driving emissions reductions across the value chain and collaborating with suppliers, customers, and stakeholders [4]. - Crown Holdings has made significant progress through its Twentyby30 sustainability program, which reflects its strong climate commitment [4].
Goldstorm Metals Commences IP Geophysical Survey on the Crown Property, Located in the Golden Triangle of British Columbia
Newsfile· 2025-08-26 08:00
Core Viewpoint - Goldstorm Metals Corp. has initiated an Induced Polarization (IP) geophysical survey on its 100%-owned Crown Property, located in the Golden Triangle of British Columbia, to identify potential drill targets and enhance geological understanding of the area [1][4][12]. Group 1: Survey Details - The IP geophysical program targets the Copernicus Zone and other geochemical anomalies along the Orion Spine, covering approximately 16,000 hectares [1][4]. - The survey is expected to be completed by the end of August 2025, followed by a Magnetotelluric (MT) study to map lithologies and structures at depth [4][6]. - The IP study will cover a 3.5-kilometer trend of anomalous gold-in-rock geochemistry along the Orion Spine, aiming to outline resistivity/conductivity and magnetic features indicative of larger mineralized targets [6][7]. Group 2: Geological Context - The Crown Property is strategically located adjacent to Seabridge Gold's KSM gold-copper project and Newmont's Brucejack gold mine, suggesting significant geological potential for mineralization [1][12]. - The exploration focuses on known mineralization zones at Copernicus and areas of anomalous gold geochemistry, with the goal of evaluating underlying geology for potential large intrusive-related targets [4][6]. - Field crews have conducted mapping, prospecting, and sampling, completing the first phase of rock channel sampling with 165 samples collected [7][12]. Group 3: Company Overview - Goldstorm Metals Corp. is a precious and base metals exploration company with a significant land position in the Golden Triangle, covering a total of 16,469 hectares across its flagship projects, Crown and Electrum [12]. - The Crown Project is situated directly south of major gold-copper deposits, indicating a favorable location for exploration activities [12].
Crown Royal Chocolate Flavored Whisky Debuts Nationwide With Endless Pairing Possibilities
Prnewswire· 2025-08-21 15:11
Core Insights - Crown Royal has launched a new limited-edition product, Crown Royal Chocolate Flavored Whisky, which combines selected whiskies with rich chocolate flavor for a unique tasting experience [1][5] - The new flavor is designed to encourage consumers to explore whisky in unexpected ways, showcasing the brand's commitment to innovation and quality [3][5] Product Details - Crown Royal Chocolate Flavored Whisky features aromas of vanilla, creamy chocolate, and oak, with hints of caramel and toffee, finishing with notes of dark cacao [3] - The whisky is versatile for cocktail pairings, mixing well with grapefruit juice, cola, and lemonade, and can be used in classic cocktails like Old Fashioned and Espresso Martini [4] Availability and Pricing - The product will be available nationally starting September 1, 2025, with a suggested retail price of $26.99 [6] Brand Background - Crown Royal is the number-one selling Canadian whisky brand globally, known for its smooth and elegant flavor, which was originally blended to commemorate a royal visit in 1939 [7] - The brand is part of Diageo, a global leader in beverage alcohol with a diverse portfolio of brands [8]
Crown Crafts Stock Gains Despite Q1 Earnings Showing Wider Losses
ZACKS· 2025-08-19 19:00
Core Viewpoint - Crown Crafts, Inc. reported a decline in revenue and earnings for the first quarter of fiscal 2026, primarily due to tariff pressures and inventory management challenges, while the stock has shown a modest gain since the earnings report [1][2][4]. Revenue and Earnings Performance - Crown Crafts posted net sales of $15.5 million, down 4.5% from $16.2 million in the prior-year period [2] - Gross profit decreased by 11.3% to $3.5 million, representing 22.7% of sales compared to 24.5% a year ago [2] - The company reported a net loss of $1.1 million, or $0.10 per share, compared to a net loss of $0.3 million, or $0.03 per share, in the same quarter last year [2] Segment Results - Sales of bedding and diaper bags increased by 8.6% year over year to $6.8 million, while sales of bibs, toys, and disposable products declined by 12.8% to $8.7 million [3] Key Business Metrics - Gross margin slipped by 180 basis points year over year due to higher costs of imported goods from China [4] - Marketing and administrative expenses rose by 10.6% to $4.7 million, increasing to 30.5% of sales from 26.3% a year earlier [4] - Interest expense surged by 180.2% to $0.3 million from $0.1 million in the prior-year period [4] Balance Sheet Overview - Inventories stood at $31.6 million as of June 29, 2025, up from $27.8 million at fiscal year-end [5] - Cash and equivalents declined to $0.2 million from $0.5 million at fiscal year-end [5] - Long-term debt fell to $11.9 million from $16.5 million at fiscal year-end [5] - Shareholders' equity slipped to $37.9 million from $39.6 million at fiscal year-end [5] Management Commentary - Management highlighted tariffs as a key challenge, with CEO Olivia Elliott noting consumer uncertainty and supplier disruption [6] - The Baby Boom acquisition contributed $2.1 million in sales during the quarter [6] - Price increases are being implemented to offset tariff impacts, with full effects expected by the end of September [6] Future Outlook - Management expressed cautious optimism regarding July sales trends and the renewal and expansion of the Disney licensing agreement [7] - CFO Claire Spencer emphasized the company's financial flexibility, with $12.2 million available under its revolving line of credit [7] - Management indicated that restocking by retailers should aid demand in upcoming quarters [11] Other Developments - Crown Crafts declared a quarterly dividend of $0.08 per share, payable on October 3, 2025 [12] - The company announced the extension of its Disney licensing agreement, expanding product categories and geographic reach [12] - Progress has been made in stabilizing the Manhattan Toy brand, with new product lines gaining traction at major retailers [12]
Crown Point Capital Rolls Out Global Investor Protection Program This Quarter
GlobeNewswire News Room· 2025-08-19 17:00
Core Viewpoint - Crown Point Capital has launched its Global Investor Protection Program to enhance security and transparency for clients in the crypto trading space, reflecting its commitment to providing a secure investment environment [1][11][12] Group 1: Strengthening Security - The rapid growth of digital asset markets necessitates robust investor safeguards, with Crown Point Capital aiming to set a higher industry standard through clear procedures focused on transparency and secure asset management [2][4] - The program is designed to reinforce the reliability associated with Crown Point Capital, aligning with its reputation for performance and security in a volatile financial landscape [3][5] Group 2: Framework for Trust - The Global Investor Protection Program establishes a structured framework to reduce market-related risks and enhance the trading experience, incorporating transaction monitoring, platform audits, and measures to safeguard client assets [4][5] - The initiative aims to build confidence among both seasoned traders and newcomers, supporting a trading environment that prioritizes growth potential and financial responsibility [5][7] Group 3: Adaptability to Market Conditions - The program is structured to adapt dynamically to the fast-moving and unpredictable global crypto trading environment, ensuring that both institutional and retail clients benefit from effective strategies [6] - This adaptability is expected to enhance the firm's long-term resilience and position it to serve an expanding global investor base [6][10] Group 4: Enhancing User Confidence - A central goal of the program is to enhance user confidence by addressing concerns over transparency and security, reassuring investors about the safety of their participation in digital asset markets [7][8] - The launch reinforces the company's commitment to balancing innovation with caution, ensuring growth opportunities are matched with client protections [8][9] Group 5: Long-Term Growth Commitment - The Global Investor Protection Program represents a long-term strategy for sustaining client growth while maintaining operational stability through best practices in governance, compliance, and risk mitigation [9][10] - The initiative highlights Crown Point Capital's awareness of global trends in financial services, ensuring alignment with rising standards of accountability demanded by regulators and investors [10][12]
Silver Crown Royalties Reports Second Quarter Financial Results
Thenewswire· 2025-08-15 07:00
Core Viewpoint - Silver Crown Royalties Inc. reported its interim financial results for Q2 2025, highlighting a decrease in silver royalty income compared to the previous quarter but a significant increase year-over-year [2][4]. Financial Performance - In Q2 2025, the company recorded 5,593 silver ounces as royalty income, amounting to C$267,350, which is a 148% increase from C$107,785 in Q2 2024 but a 12% decrease from C$304,408 in Q1 2025 [2][4]. - The year-over-year change in attributable silver deliveries was 105%, while the quarter-over-quarter change was a decrease of 16.5% [4]. Strategic Initiatives - The CEO noted that Q2 2025 saw 13-year high silver prices, presenting both challenges and opportunities for the company [3]. - The company is focused on adding silver ounces to its portfolio at attractive prices and rates of return, with plans to advance several Letters of Intent (LOIs) in the second half of 2025 [3]. Operational Updates - The company is facing challenges with Gold Mountain Mining Corp. and its subsidiaries, which are under receivership, affecting outstanding payments of C$140,588.53 owed to Silver Crown [6]. - Pilar Gold Inc. has delayed the restart of commercial operations at the PGDM Complex in Brazil to Q4 2025, with C$541,756.03 in minimum accrued royalty payments currently due to Silver Crown [6]. Company Overview - Silver Crown Royalties Inc. is a publicly traded silver royalty company that aims to generate free cash flow and provide investors with exposure to precious metals [7]. - The company currently holds five silver royalties and seeks to minimize the economic burden on mining projects while maximizing shareholder returns [7].