TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces that it has published its 2024 Sustainability Report, which outlines the Company’s performance on Environmental, Social and Governance (“ESG”) topics. Key highlights and achievements from the report are included below. The full report can be accessed on Centerra’s website at: www.centerragold.com/sustainability/overview/ Paul Tomory, President and Chief Executive Officer of Centerra, ...

Transaction positions company for accelerated growth through improved capital structure and simplified governance LINDON, Utah and NEW YORK, June 4, 2025 /PRNewswire/ -- Trucordia today announced it will receive a $1.3 billion strategic investment from global investment firm Carlyle's Global Credit platform. The transaction will reduce Trucordia's leverage and simplify its governance structure by repurchasing units from existing minority investors.The transaction, which is expected to close this month and v ...

Core Viewpoint - Carlyle Commodities Corp. has successfully completed the sale of its Newton Gold Project to Axcap Ventures Inc., marking a significant transaction in the mineral exploration sector [1]. Group 1: Transaction Details - Carlyle sold a 100% interest in the Newton Gold Project located in British Columbia, Canada, under a Mineral Property Purchase Agreement dated May 23, 2025 [1]. - The total consideration received by Carlyle includes cash, shares, and warrants, with specific milestone payments outlined [2]. - Axcap will pay Carlyle additional consideration based on achieving certain milestones related to gold resources and feasibility studies, including up to 10 million shares and $1 million in cash [2]. Group 2: Payment Structure - The payment structure includes an initial cash payment of $500,000, 3,750,000 common shares, and 500,000 common share purchase warrants exercisable at $0.20 per share until June 3, 2028 [4]. - Secondary payment shares valued at $1,250,000 will be issued 12 months after the transaction, based on a 20-day volume-weighted average price [4]. - The shares are subject to voluntary resale restrictions, with a phased release schedule over the next year [2]. Group 3: Finder's Fee - Axcap issued 1,212,500 common shares as a finder's fee to an arm's length finder, with part of the shares issued upon closing and the remainder contingent on future payments [3].

Group 1 - Carlyle Secured Lending (NASDAQ: CGBD) has shown signs of weakness similar to other Business Development Companies in the market [1] - The investment strategy discussed involves a combination of classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds to enhance investment income [1] - The approach aims to achieve a total return comparable to traditional index funds like the S&P [1]

Group 1 - Carlyle Group (NASDAQ: CG) has shown moderate performance over the past year, with a gain of 7% [1] - Compared to peers like KKR and Apollo, Carlyle Group is more exposed to private equity [1] - The article emphasizes a contrarian investment approach based on macro views and stock-specific turnaround stories to achieve outsized returns with a favorable risk/reward profile [1]

Summary of The Carlyle Group (CG) FY Conference Call - May 28, 2025 Company Overview - **Company**: The Carlyle Group (CG) - **CEO**: Harvey Schwartz - **Date of Conference**: May 28, 2025 Key Takeaways from the Conference Call Strategic Growth Initiatives - Carlyle has focused on implementing strategic growth initiatives and operational improvements over the past two years [4][10] - Key areas identified for growth include: - Secondaries business (Carlyle Alp Invest) with a 25-year history and $90 billion in assets [5] - Capital markets, insurance, and credit platforms [5] - Capital markets revenue reached $150 million in a six-month period, surpassing any previous full-year revenue [6] - Potential peak operating environment could yield over $300 million in capital markets revenue [7] Operational Improvements - Fee-Related Earnings (FRE) increased by nearly 40% since the CEO's tenure began, with operating margins up 900 basis points [8] - A complete overhaul of the compensation strategy has aligned interests among LPs, shareholders, and teams [9] - Share repurchase program is over 50% complete [9] Market and Economic Outlook - Concerns about sticky inflation, higher interest rates, and slowing economic growth were acknowledged [11][12] - Current economic conditions are viewed as unique due to a global policy shift, influenced by tariff policies and geopolitical tensions [12][13] - The uncertainty in policy is causing a chilling effect on business decision-making, leading to delayed capital market activities [20][19] - Carlyle's data indicates that while there is uncertainty, EBITDA is growing, and companies are not drastically adjusting hiring [22] Trade Relations and Global Investments - Carlyle has a long-standing commitment to Asia, particularly Japan and China, with positive discussions regarding trade negotiations [31][36] - The firm has a history of successful investments in China and is optimistic about future opportunities [37][38] Realizations and Capital Deployment - Carlyle's platform currently manages $453 billion in assets, with a significant focus on credit insurance [42] - The firm returned approximately €20 billion in capital over the past year, significantly outperforming the industry average [46] - Carlyle's U.S. buyout business is performing well, with the current fund tracking exceptionally [49] Fundraising and Growth Outlook - Carlyle maintains its 2025 guidance of $40 billion in flows and 6% FRE growth, despite recent market volatility [70] - There is a shift in LP conversations towards national security and local investments, with a focus on defense and energy sectors [72][74] Secondaries Business - The secondaries business is growing rapidly, with Carlyle positioned as a dominant player in this space [57][64] - The firm is focusing on providing integrated solutions across various client channels [59][62] Insurance and Reinsurance Opportunities - Carlyle's Fortitude insurance business is seen as a valuable asset, with ongoing opportunities in reinsurance transactions [93][94] - The firm is open to inorganic growth opportunities in the insurance sector, provided they align with strategic goals [98][99] Capital Markets Strategy - Carlyle is restructuring its capital markets team to enhance revenue generation capabilities [102] - The firm aims to leverage its well-developed capital markets team for monetization opportunities [102][104] Additional Insights - Carlyle's competitive advantage lies in its global brand recognition and established track record in various markets [84] - The firm is actively exploring new product offerings and partnerships to meet evolving client needs [90][91] This summary encapsulates the key points discussed during the conference call, highlighting Carlyle's strategic initiatives, market outlook, and operational improvements.

Core Viewpoint - Axcap Ventures Inc. has entered into a definitive Mineral Property Purchase Agreement to acquire a 100% interest in Carlyle Commodities Corp.'s Newton Gold Project located in British Columbia, Canada, which is expected to enhance Axcap's portfolio and provide Carlyle with ongoing exposure to the project's future success [2][10]. Summary by Relevant Sections Transaction Overview - The agreement was signed on May 23, 2025, and involves Axcap acquiring the Newton Gold Project, which consists of 62 claims over approximately 23,003 hectares [2][3]. - Carlyle holds a 100% interest in the mineral claims, subject to a 2% net smelter return royalty and an annual advance royalty payment of $25,000 [3]. Resource Details - The Newton Project has an inferred mineral resource of 842,900 ounces of gold (Au) and 4,506,100 ounces of silver (Ag), with an average grade of 0.64 g/t Au across 41,071,100 tonnes [4][6]. Financial Terms of the Agreement - Carlyle will receive a total consideration of $500,000 in cash, 500,000 common share purchase warrants, and 3,750,000 common shares of Axcap upon closing [7]. - An additional $1,250,000 in common shares will be issued 12 months after closing, based on a 20-day VWAP [7]. Milestone Payments - Axcap will make milestone payments contingent on achieving specific resource targets and completing feasibility studies, including up to 10,000,000 shares and $1,000,000 in cash for completing a Bankable Feasibility Study [8]. Share Restrictions - The shares issued to Carlyle will have voluntary resale restrictions, with 25% becoming tradable two months after closing, and similar restrictions apply to the secondary payment shares [8]. Finder's Fee - Axcap will issue 1,212,500 common shares as a finder's fee, with a portion issued at closing and the remainder upon issuance of secondary payment shares [9]. Management Statements - Carlyle's CEO expressed confidence in Axcap's ability to advance the Newton Project, highlighting its potential in a bullish gold market [10]. - Axcap's Co-Founder noted the significant untested upside of the Newton Project and its potential to create value [10]. Company Backgrounds - Axcap Ventures focuses on acquiring gold projects in North America, aiming for established resources with expansion potential [15]. - Carlyle Commodities is engaged in mineral exploration and development, owning multiple projects in British Columbia [16].

Establishes nitinol input tube operation to support premium, implant-grade tubing initiative and strengthen supply chain resilienceNASHUA, N.H., May 19, 2025 /PRNewswire/ -- Resonetics® announced today that it has acquired the nitinol gun drilling operations and related assets of Medical Component Specialists' (MCS) New Boston, NH facility.  This acquisition marks another key investment in Resonetics' comprehensive U.S.-based nitinol strategy. This transaction follows the meaningful steps that Resonetics ha ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking and enthusiastic adopter of technology, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]

Financial Performance - Carlyle Group reported revenue of $1.04 billion for the quarter ended March 2025, reflecting a 2% increase year-over-year [1] - Earnings per share (EPS) for the quarter was $1.14, up from $1.01 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $970.32 million by 7.51% [1] - The company delivered an EPS surprise of 17.53%, with the consensus EPS estimate being $0.97 [1] Key Metrics - Total Assets Under Management (AUM) for Global Private Equity at the end of the period was $164.21 billion, slightly below the average estimate of $164.35 billion [4] - Total AUM for Global Investment Solutions was $89.23 billion, surpassing the average estimate of $84.21 billion [4] - Total AUM at the end of the period was $452.61 billion, exceeding the average estimate of $446.97 billion [4] Segment Revenues - Realized principal investment income was $30 million, above the average estimate of $28.05 million, but down 11% year-over-year [4] - Realized performance revenues were $355.10 million, compared to the estimated $316.07 million, representing a 10.7% decrease year-over-year [4] - Fund management fees totaled $525.50 million, slightly above the estimate of $522.96 million, marking a 1.9% increase year-over-year [4] - Transaction and portfolio advisory fees were $77.90 million, significantly exceeding the average estimate of $46.27 million, with a year-over-year increase of 191.8% [4] - Total segment fee revenues reached $642.90 million, surpassing the estimate of $605.80 million, reflecting a 12.5% increase year-over-year [4] - Global Credit fund management fees were $139.60 million, slightly above the estimate of $139.06 million, showing a 2% year-over-year change [4] - Total fee revenues for Global Credit were $231.80 million, exceeding the average estimate of $205.42 million, representing a 28.3% increase year-over-year [4] Stock Performance - Carlyle's shares returned 12.6% over the past month, compared to the S&P 500 composite's return of 13.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]