Castellum(CTM)
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Canterra Minerals Intersects High-Grade Gold at Wilding in Central Newfoundland, Including 10.89 g/t Au over 31.5 m
Globenewswire· 2026-01-20 12:00
VANCOUVER, British Columbia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV: CTM) (OTCQB: CTMCF) (FSE: DXZB) ("Canterra" or the "Company") is pleased to report results of high-grade gold mineralization, including 31.5 metres (core length) averaging 10.89 g/t Au, from its fall 2025 diamond drilling at its 100%-owned Wilding Gold Project adjoining Equinox Gold’s Valentine Mine in central Newfoundland. “These results demonstrate that Wilding has the potential to host a high-grade, distri ...
Castellum, Inc. Announces the Award of a $49.8 Million Recompete Contract to its SSI Subsidiary
Globenewswire· 2026-01-07 11:45
Core Viewpoint - Castellum, Inc. has been re-awarded a $49.8 million contract for Software Support Activities by its subsidiary Specialty Systems, Inc. to support the Naval Air Warfare Center Aircraft Division, marking a significant achievement in the company's history [1][2][4]. Group 1: Contract Details - The contract is a five-and-a-half-year agreement focused on Software Support Activities for mission-critical naval systems, including the Electromagnetic Aircraft Launch System and Advanced Arresting Gear [1][6]. - This award represents the fourth-largest contract in Castellum's history and is the third consecutive win for SSI on the NAWCAD LKE Contract [2][6]. Group 2: Company Performance and Strategy - Castellum's CEO highlighted the company's focus on organic growth and successful competition for major contracts, achieving a perfect record in securing all three of their targeted prime contract opportunities [4][5]. - The company reported over $219 million in major prime contract wins in the past year, emphasizing its commitment to supporting national security missions [4][5]. Group 3: Future Outlook - Castellum is positioned for continued strong growth, supported by a healthy balance sheet and a dedicated team, as it aims to provide leading-edge technology services and solutions [5][6].
Canterra Minerals Closes $5.7M Flow-Through Private Placement to Fund Exploration in Newfoundland
Globenewswire· 2025-12-24 00:30
Core Viewpoint - Canterra Minerals Corporation has successfully closed a private placement, raising a total of C$5,705,361.51 through the issuance of Critical Minerals flow-through shares and National flow-through shares [1]. Group 1: Private Placement Details - The company issued 10,980,000 Critical Minerals flow-through shares at a price of C$0.25 per share, generating gross proceeds of C$2,745,000 [2]. - Additionally, 12,871,137 National flow-through shares were issued at a price of C$0.23 per share, resulting in gross proceeds of C$2,960,361.51 [3]. - The total gross proceeds from both share types will be utilized for Canadian exploration expenses, qualifying as "flow-through critical mineral mining expenditures" and "flow-through mining expenditures" [4]. Group 2: Use of Proceeds - The net proceeds from the private placement will be directed towards the exploration of the company's projects in central Newfoundland, specifically the Wilding Gold and Buchans Projects [5]. Group 3: Finder's Fees and Warrants - In connection with the private placement, the company paid finders fees of C$50,000 in cash and issued 135,848 non-transferable finders' warrants [6]. - The finders' warrants related to CMFT Shares are exercisable at C$0.25 per warrant, while those related to FT Shares are exercisable at C$0.23 per warrant, both valid for 12 months from issuance [6]. Group 4: Securities Regulations - The securities issued in the private placement are not registered under the United States Securities Act and cannot be offered or sold to U.S. persons without registration or an applicable exemption [8]. Group 5: Company Overview - Canterra Minerals is a diversified minerals exploration company focused on critical minerals and gold in central Newfoundland, with projects located near the historically significant Buchans Mine and Teck Resources' Duck Pond Mine [9]. - The company's gold projects are situated along a structural corridor that hosts mineralization within Equinox Gold's mine project, indicating potential for significant discoveries [10].
Canterra Minerals Announces Increase to Private Placement to Fund Exploration in Newfoundland
Globenewswire· 2025-12-19 22:05
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Canterra Minerals Corporation (TSXV:CTM) (OTCQB:CTMCF) (FSE:DXZB) (“Canterra” or the “Company”) is pleased to announce an increase to the size of its non-brokered flow-through private placement, previously announced on December 4, 2025, consisting of Critical Minerals flow-through shares and National flow-through shares for increased total gross proceeds of up ...
Castellum, INC.'s CEO Provides Its Shareholders a Corporate Update
Globenewswire· 2025-12-09 11:45
Core Viewpoint - Castellum, Inc. has experienced a transformative year in 2025, moving from significant debt and insufficient cash flow to a position of confidence and potential for strong growth, with stock performance improving significantly from below $0.20 to a more favorable standing [3][12]. Company Performance and Achievements - The company has not only overcome previous financial challenges but has also achieved key accomplishments over the past year, indicating a shift towards a more stable and successful operational model [4][6]. - Castellum emphasizes a culture of "sustained excellence," inspired by military principles, which has contributed to its successful year and ongoing commitment to its mission customers [6][11]. Leadership and Team - The CEO expresses gratitude towards the team and acknowledges the contributions of key personnel, particularly the General Counsel and Chief Strategy Officer, who played a significant role in building the company [7]. - The leadership philosophy is rooted in military values, fostering a competitive and dedicated environment that drives the company's success [5][6]. Future Strategy - Looking ahead to 2026, Castellum plans to focus on organic growth, winning prime contracts, and investing in solutions and products to enhance capabilities for national security customers [8][9]. - The company aims to build a resilient business with diversified customers and scalable technology solutions, emphasizing growth not just for size but to increase opportunities and long-term shareholder value [10][11].
Castellum Announces the Award of Multiple Missile Defense Agency SHIELD IDIQ Contracts
Globenewswire· 2025-12-08 11:45
Core Insights - Castellum, Inc. has been awarded multiple contracts under the Missile Defense Agency's SHIELD Multiple Award IDIQ contract vehicle, emphasizing its commitment to advanced defense solutions [1][3][4] - The contracts will enhance the capabilities of the U.S. military by providing innovative, AI-enabled technologies for multi-domain defense against various threats [2][4] Company Overview - Castellum, Inc. specializes in cybersecurity, electronic warfare, software engineering, and C5ISR services, primarily focused on federal government contracts [5] - The company operates through subsidiaries and joint ventures, enhancing its ability to deliver cutting-edge technology solutions [3][4] Contract Details - The awarded contracts will support the development of a multi-domain defense system capable of addressing threats from ballistic, hypersonic, and cruise missiles, as well as other advanced aerial attacks [1][2] - The initiative aims to ensure layered protection against diverse threats, including air, missile, space, cyber, and hybrid threats [1] Strategic Importance - The contracts are viewed as strategic wins for Castellum, reflecting the successful execution of its organic growth strategy and positioning the company to support the Department of War effectively [4] - The focus on rapid delivery and innovative capabilities is expected to enhance the readiness and defensive posture of the U.S. [2][4]
Canterra Minerals Announces $5.0 Million Private Placement to Fund Exploration in Newfoundland
Globenewswire· 2025-12-04 12:05
Core Viewpoint - Canterra Minerals Corporation is conducting a non-brokered flow-through private placement to raise up to C$5.0 million through the issuance of Critical Minerals flow-through shares and National flow-through shares [1] Group 1: Private Placement Details - Up to 10,000,000 Critical Minerals flow-through shares will be offered at a price of $0.25 per share, aiming for gross proceeds of up to C$2,500,000 [2] - Up to 10,869,565 National flow-through shares will be offered at a price of $0.23 per share, also targeting gross proceeds of up to C$2,500,000 [3] - The total gross proceeds from both share types will be used for Canadian exploration expenses, qualifying as "flow-through critical mineral mining expenditures" and "flow-through mining expenditures" as defined by the Income Tax Act [4] Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated for the exploration of the Company's projects in central Newfoundland, specifically the Wilding Gold and Buchans Projects [5] Group 3: Closing and Regulatory Information - The private placement is expected to close on December 23, 2025, subject to necessary approvals, including from the TSX Venture Exchange [7] - The shares will be subject to a hold period of four months plus one day following the closing date under applicable Canadian securities laws [7] Group 4: Company Overview - Canterra Minerals is a diversified minerals exploration company focused on critical minerals and gold in central Newfoundland, with projects near the past-producing Buchans Mine and Teck Resources' Duck Pond Mine [9] - The Company's gold projects are located along a structural corridor that hosts mineralization within Equinox Gold's Valentine mine project, indicating significant exploration potential [10]
Castellum AB (publ) (CWQXY) Discusses Back to Basics Strategy Focused on Profitability and Portfolio Rotation Transcript
Seeking Alpha· 2025-11-28 10:53
Core Viewpoint - The company has announced a new strategy called "Back to Basics," focusing on core real estate management practices [2][3]. Company Strategy - The "Back to Basics" strategy emphasizes returning to the fundamental principles of managing real estate, particularly in the commercial sector [3]. - The company predominantly owns properties in Sweden, with approximately 92% of its assets located in the country, indicating a strong focus on the Swedish market [3]. Geographic Focus - While the company plans to maintain its primary focus on Sweden, it does not rule out the possibility of increasing or decreasing its presence in other geographic areas, including Finland, Denmark, and Norway through its subsidiary Entra [4].
Canterra Intersects 7.73% Copper Equivalent Over 4.45 Metres at the Buchans Project, Newfoundland
Globenewswire· 2025-11-19 12:00
Core Insights - Canterra Minerals Corporation announced significant step-out drilling results at its 100%-owned Buchans Project, reporting 7.73% Copper Equivalent (CuEq) over 4.45 metres, indicating high-grade mineralization potential [1][3][7] Drilling Results - The recent drilling program included three holes with step-outs of approximately 50 metres, successfully extending the Two Level Zone beyond the Lundberg resource [2][4] - Previous drilling in May 2025 intersected 5.97% CuEq over 5.35 metres, demonstrating continuity of high-grade mineralization [2][3] - The Two Level Zone's mineralized footprint has expanded to approximately 200 metres by 50 metres, showcasing high-grade, transported, breccia-hosted sulphide mineralization [4][7] Mineralization Analysis - Drilling results indicate that the stockwork zone remains open and continues to expand at depth toward the northwest, consistent with the Lundberg Resource [5][7] - The latest results confirm the potential for a larger and higher-grade system at Buchans, with evidence of strong and continuous mineralization [3][4] Future Plans - Canterra plans follow-up drilling to further test the continuity and extent of mineralization at the Two Level Zone as part of an ongoing 8,000-metre drill program [9]
Castellum, Inc.: Weak Momentum And Pending Bill Warrants Caution (NYSE:CTM)
Seeking Alpha· 2025-11-14 08:41
Core Viewpoint - Castellum, Inc. (CTM) is rated a hold due to short-term uncertainties and weak stock momentum [1] Group 1: Company Progress - The company is showing notable progress, as indicated by its backlog in the latest release [1] Group 2: Analyst Background - The equity research analyst specializes in technology, innovation, and sustainability investment, utilizing a "First Principles" approach to uncover overlooked investment opportunities [1] - The analyst has a strong background in investment, private equity, and venture capital, with a proven track record of delivering strong returns [1] Group 3: Focus Areas - Articles focus on emerging technologies, sustainable investing, and the intersection of innovation and finance [1] - There is a passion for sharing insights with a wider audience and learning from fellow investors to drive positive change [1]