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FOX AND THE TRADE DESK ANNOUNCE EXTENSIVE ADVERTISING INTEGRATIONS ACROSS FOX PORTFOLIO
Prnewswire· 2024-06-19 12:00
Partnership Anchored Around Premium Content and Open Internet Industry CollaborationExpanded Integration of Unified ID 2.0 and OpenPath Through AdRiseCommitment to Work Together Around Identity and CTV AuthenticationNEW YORK and LOS ANGELES, June 19, 2024 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (Nasdaq: FOXA, FOX) and global advertising technology leader The Trade Desk (NASDAQ: TTD) today announced their newly expanded partnership to bring best-in-class innovation to advertisers to help the ...
Copper Fox Announces $1,000,000 Non-Brokered Private Placement
Newsfile· 2024-06-19 10:00
Core Points - Copper Fox Metals Inc. plans to raise up to $1,000,000 through a non-brokered private placement, subject to TSX Venture Exchange approval [1] - The offering will consist of up to 4,545,455 units priced at $0.22 each, with each unit including one common share and one-half warrant [1][2] - The warrants will have a two-year term, with an exercise price of $0.26 in the first year and $0.32 in the second year [2] Offering Details - The offering is available to existing shareholders as of June 18, 2024, and other accredited investors under various prospectus exemptions [3] - Subscribers using the Existing Security Holder Exemption must meet specific criteria, including a maximum purchase limit of $15,000 unless they receive suitability advice from a registered investment dealer [4] - The offering is expected to close by July 31, 2024, and the net proceeds will be used for exploration and development of various projects, as well as working capital [5] Insider Participation - The offering may include subscriptions from insiders, including a minimum of 2,727,273 units from Mr. Ernesto Echavarria, a director and control person of the company [6] - Insider subscriptions may be considered a "Related Party Transaction" under TSX Venture Exchange policies, and the company intends to rely on exemptions from certain requirements [7] Company Overview - Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development in Canada and the U.S. [8] - The company owns several projects, including the Van Dyke oxide copper project in Arizona and the Eaglehead polymetallic copper project in British Columbia [8]
Copper Fox Announces 2024 Second Quarter Operating and Financial Results
Newsfile· 2024-06-18 22:53
Core Viewpoint - Copper Fox Metals Inc. reported a net loss of $533,545 for the six months ended April 30, 2024, maintaining a loss per share of $0.00, similar to the previous year [1][2]. Financial Performance - For the six months ended April 30, 2024, the company incurred exploration expenditures of $620,331, focusing on several copper projects including Van Dyke, Mineral Mountain, Sombrero Butte, and Eaglehead [2]. - As of April 30, 2024, the company's cash position was $174,966, a significant decrease from $1,368,852 as of October 31, 2023 [14]. Project Updates - The Van Dyke project is advancing towards the prefeasibility study (PFS) stage, with the permitting process finalized for a maiden drilling program at the Mineral Mountain project [3]. - The Schaft Creek Joint Venture (SCJV) has initiated a comprehensive annual program with a budget of $18.7 million, aimed at progressing towards the PFS [4][5]. - Positive preliminary results from the Sombrero Butte project support the presence of a large copper porphyry system [3]. Management and Governance - The company appointed Mr. Manuel Gomez Rubio as an additional director and retained Mr. Fidel Ricardo Montagu Thomas for investor relations services [6][7]. Technical Developments - The Van Dyke project has installed vibrating wire piezometers for hydrogeological data collection, with preliminary results from laboratory strength testing expected soon [8]. - The Mineral Mountain project has identified three areas of higher chargeability within an 18 milliradians chargeability anomaly, indicating potential porphyry copper centers [9]. Recent Transactions - The final installment payment of $330,000 for the Eaglehead project acquisition was completed [10]. Upcoming Activities - The 2024 field program at the Schaft Creek project is currently underway, focusing on advancing key project parameters and completing technical activities [11].
FOX Announces TIME as its First Publishing Partner on Verify Protocol
Prnewswire· 2024-06-18 13:30
Verify Beta to Upgrade to a Dedicated Zero-Knowledge Blockchain Built with Polygon CDKNEW YORK, June 18, 2024 /PRNewswire/ -- Fox Corporation ("FOX" or the "Company") (Nasdaq: FOXA, FOX) today announced the next phase of development for its open-source protocol for content verification and licensing, Verify. FOX shared that global media brand TIME has come on board as its first external publishing partner, utilizing the Verify protocol as a principal piece of its content licensing and content verification s ...
Copper Fox Provides Update on Schaft Creek Project
Newsfile· 2024-06-17 10:00
Calgary, Alberta--(Newsfile Corp. - June 17, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") is pleased to provide an update on the Schaft Creek project. The Schaft Creek project is managed through the Schaft Creek Joint Venture ("SCJV"). Teck Resources Limited ("Teck") is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25% interest. The Schaft Creek deposit, located in northwestern British Columbia, is one of the ...
Why Is Fox (FOXA) Up 3.1% Since Last Earnings Report?
ZACKS· 2024-06-07 16:36
Core Insights - Fox Corporation reported Q3 fiscal 2024 adjusted earnings per share of $1.09, exceeding estimates by 11.22% and reflecting a 16% year-over-year increase [2] - Total revenues decreased by 15.6% year-over-year to $3.44 billion, slightly surpassing consensus estimates by 0.22% [2] - The company experienced a significant decline in advertising revenues, which fell 34.1% year-over-year to $1.24 billion, primarily due to the absence of Super Bowl LVII and fewer NFL games [2][3] Revenue Breakdown - Affiliate fees, accounting for 56.2% of total revenues, increased by 4.4% to $1.93 billion, driven by a 9.2% growth in the Television segment [2] - Cable Network Programming revenues decreased by 6.2% year-over-year to $1.47 billion, with advertising revenues down 6.3% and other revenues plunging 55.3% [3] - Television revenues declined by 21.7% to $1.93 billion, with advertising revenues dropping 39.8% year-over-year [3] Operating Performance - Operating expenses decreased by 24.8% year-over-year to $2.05 billion, with a contraction of 730 basis points to 59.5% of revenues [4] - Selling, general & administrative expenses fell by 3.4% year-over-year to $510 million, expanding as a percentage of revenues by 190 basis points to 14.8% [4] - Adjusted EBITDA increased by 7% year-over-year to $891 million, with an adjusted EBITDA margin expanding by 550 basis points to 25.8% [4] Financial Position - As of March 31, 2024, Fox had $3.79 billion in cash and cash equivalents, down from $4.12 billion as of December 31, 2023 [5] - Long-term debt stood at $7.19 billion as of March 31, 2024 [5] Market Outlook - Fox holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return from the stock in the coming months [7] - The stock has a strong aggregate VGM Score of A, reflecting solid growth and value metrics [6]
Fox (FOXA) Nation's Expanding Content Suggests Bright Prospects
ZACKS· 2024-06-06 14:56
Fox (FOXA) Nation has been expanding its content offerings, which indicates bright prospects for the company in the near term. FOXA is constantly investing to expand its content, which suggests a clear strategy for the company.Shares of this Zacks Rank #3 (Hold) company have gained 16.7% year to date against the Zacks Consumer & Discretionary sector’s 2.3% decline, primarily due to its content strategy. This strategy is expected to continue in the upcoming quarters. You can see the complete list of today’s ...
Copper Fox Updates Sombrero Butte Copper Project
newsfilecorp.com· 2024-05-30 10:00
Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") and its owned subsidiary, Desert Fox Sombrero Butte Co. ("Desert Fox"), are pleased to provide shareholders an update on preliminary results of mapping activities at its 100% owned Sombrero Butte project located in the historic Bunker Hill Mining District, Arizona. The Sombrero Butte project is located approximately 2 kilometers (km) south of the Copper Creek porp ...
McEwen Mining: Grey Fox Exploration Update Extending the Production Pipeline: Good Grades Near Surface, Potential at Depth
globenewswire.com· 2024-05-27 11:00
Assay Highlights:24GF-1426: 586.7 g/t Au over 0.5 m (18.86 oz/t Au over 1.6 ft)24GF-1424: 14.3 g/t Au over 5.0 m (0.46 oz/t Au over 16.4 ft)24GF-1397: 17.4 g/t Au over 4.2 m (0.56 oz/t Au over 13.8 ft)22GF-1366: 8.8 g/t Au over 3.9 m (0.28 oz/t Au over 12.8 ft)(See Figure 2. All assay values are true widths) TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide new assay results from the Grey Fox deposit, part of our Fox Complex. The results in Table 1 dem ...
Copper Fox Provides Update for Mineral Mountain Project
newsfilecorp.com· 2024-05-22 10:00
Calgary, Alberta--(Newsfile Corp. - May 22, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") and its wholly owned subsidiary, Desert Fox Mineral Mountain Co. ("Desert Fox"), are pleased to provide an update on the progress of the application to obtain a permit to conduct drilling operations at its 100% owned exploration stage Mineral Mountain porphyry copper property (2,692.4 ha) located in the Mineral Mountain Mining District, Arizona (see News Release d ...