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Second Leading Independent Proxy Advisory Firm Glass Lewis Joins ISS In Recommending Core Scientific Shareholders Vote "AGAINST" Proposed Sale to CoreWeave on GOLD Proxy Card
Prnewswire· 2025-10-21 19:00
Core Viewpoint - Two Seas Capital LP supports the recommendations from leading proxy advisory firms ISS and Glass Lewis for Core Scientific shareholders to vote "AGAINST" the proposed merger with CoreWeave, citing inadequate compensation for shareholders and highlighting Core Scientific's standalone potential [1][2]. Proposed Merger Concerns - Glass Lewis criticized the proposed merger structure, indicating that it does not sufficiently protect Core Scientific shareholders from risks associated with CoreWeave's share price volatility [2][5]. - The absence of price protection mechanisms in the merger agreement leaves Core Scientific shareholders exposed to fluctuations in CoreWeave's stock price, which has shown significant volatility [5][10]. - Two Seas argues that the financial advisors' optimistic valuations of CoreWeave may not align with market realities, suggesting that the merger consideration undervalues Core Scientific [5][6]. Standalone Potential of Core Scientific - Two Seas emphasizes that Core Scientific possesses significant standalone value, particularly in the growing AI sector, and that the proposed merger does not reflect this potential [2][10]. - The analysis indicates that the implied value of the merger consideration has consistently fallen below the valuations provided by financial advisors, suggesting that shareholders may be better off rejecting the merger [10]. Shareholder Recommendations - Two Seas urges shareholders to follow the recommendations of ISS and Glass Lewis by voting against the merger to unlock Core Scientific's full potential [2][10]. - The persistent negative spread between Core Scientific's share price and the implied merger value indicates that investors value the company more highly as an independent entity [10].
Leading Proxy Advisory Firm Institutional Shareholder Services Recommends Core Scientific Shareholders Vote "AGAINST" Sale to CoreWeave on GOLD Proxy Card
Prnewswire· 2025-10-21 13:05
Core Scientific and Proposed Merger with CoreWeave - Two Seas Capital LP supports ISS's recommendation for Core Scientific shareholders to vote "AGAINST" the proposed sale to CoreWeave, citing that the sale process did not maximize shareholder value [1][2][3] - The proposed merger is viewed as flawed due to a deficient structure and inadequate valuation, with ISS stating that the board's process was rushed and did not adequately explore alternatives [3][4][5] Valuation and Market Response - Since the announcement of the proposed merger, Core Scientific's share price has consistently closed at a double-digit premium to the offer, indicating that the market perceives the company's value to be higher than what CoreWeave is willing to pay [5][10] - The median premium of Core Scientific shares to the offer has been reported at 12.5% since the expiration of the CRWV IPO-related lockups [10] Shareholder Advocacy - Two Seas urges shareholders to reject the proposed transaction to unlock the potential value of Core Scientific, which is seen as one of the best assets in the AI landscape [2][3][6] - The upcoming special meeting for shareholders is scheduled for October 30, 2025, where the vote against the merger will take place [6]
AUGUSTA GOLD STOCKHOLDERS APPROVE ACQUISITION BY ANGLOGOLD ASHANTI
Prnewswire· 2025-10-21 12:46
59,884,859 shares of Augusta Gold common stock (the "Common Shares"), representing approximately 69.69% of the issued and outstanding Common Shares as at the record date of September 12, 2025 (the "Record Date"), were voted at the Special Meeting either in person or represented by proxy. The Merger Resolution was approved by (i) approximately 69.44% of the issued and outstanding Common Shares as of the Record Date and; (ii) approximately 99.37% of the Common Shares voted at the Special Meeting, after exclud ...
全球第一大黄金生产矿山:产量达到65.1吨,TOP30中国无一上榜
Sou Hu Cai Jing· 2025-10-20 14:18
奥林匹亚金矿(Olimpiada)是俄罗斯最大的金矿,位于西伯利亚中部矿产资源丰富的克拉斯诺亚尔斯 克边疆区,最早发现于1970年,1996年投产,露天开采,去年产量达到45.9吨,同比减少1%。 背后的极地黄金公司(Polyus)是俄罗斯最大金矿企业,总部位于莫斯科。2024年EBITDA(调整后的 息税折旧摊销前利润)同比增长49%至57亿美元,营业收入攀升至73亿美元。成功实现年产金300万盎 司的目标,增幅达7%,销量增长11%至310万盎司。【注:1金衡盎司≈31.1034768克】 旗下还有两座金矿跻身全球TOP30,分别是距离奥利匹亚金矿约25km的布拉戈达特诺耶金矿和位于马 加丹州纳塔尔卡金矿。目前,公司正按计划推进位于西伯利亚东南部伊尔库茨克地区的苏霍伊洛格金矿 (Sukhoi Log)。这是俄罗斯储量最大的金矿床,探明储量超过1920吨,2020年从俄罗斯国家技术集团 (Rostec)手中购买该矿的剩余股份,预计2027年投产。 最近一段时间,黄金价格屡创新高,一跃成为全民讨论的焦点。中国是全球最大的黄金生产国,2024年 产量380.2吨,连续15年保持全球第一。近年来还发现多处金矿,包 ...
RUA GOLD Bolsters Executive Team with Appointment of Simon Delander, Vice President, Risk, Stakeholder & Regulatory Affairs
Newsfile· 2025-10-20 13:00
Core Insights - Rua Gold Inc. has appointed Simon Delander as Vice President of Risk, Stakeholder & Regulatory Affairs to strengthen its executive team in New Zealand [1][2] - Delander will focus on permitting the Reefton Project and managing regulatory compliance, government relations, and ESG-related risks [2][5] - The company aims to enhance stakeholder engagement and navigate the regulatory landscape effectively [6] Group 1: Appointment and Role - Simon Delander has over 25 years of experience in regulatory affairs and stakeholder engagement within the resource sector [4] - His previous role was Vice President at Endura Mining, where he successfully guided the company through the consenting process [3][4] - Delander has held senior positions at Evolution Mining and MMG, overseeing ESG reporting and risk assessments [5] Group 2: Company Overview - Rua Gold is focused on exploration in New Zealand, controlling over 120,000 hectares in the Reefton Gold District, which historically produced over 2 million ounces of gold [9] - The Glamorgan Project further solidifies Rua Gold's position as a leading high-grade gold explorer, located in a region that has produced 15 million ounces of gold and 60 million ounces of silver [10] - The company is committed to aligning its growth objectives with environmental and social responsibilities [5][6]
PAN GLOBAL COMMENCES PHASE 2 DRILLING AT CÁRMENES GOLD DISCOVERY, NORTHERN SPAIN
Prnewswire· 2025-10-20 11:25
Accessibility StatementSkip Navigation TSXV: PGZÂ |Â Â Â OTCQB: PGZFF Â |Â FRA: 2EU Â VANCOUVER, BC, Oct. 20, 2025 /PRNewswire/ - Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQB: PGZFF) (FRA: 2EU)Â is pleased to announce that drilling has re- commenced at the 100%-owned Cármenes Project in northern Spain ("Cármenes"). Under Phase 2, four drillholes are planned to follow-up the highly encouraging gold discovery from the Phase 1 drill campaign at the Providencia target. Continue R ...
LUCA INTERSECTS HIGH-GRADE GOLD AT REFORMA, INCLUDING 13 METRES OF 11.4 GRAMS PER TONNE GOLD EQUIVALENT
Prnewswire· 2025-10-16 12:00
Core Insights - Luca Mining Corp. has reported positive analytical results from surface and underground drilling at the Reforma deposit and Campo Morado mine, indicating strong mineralization and expansion potential [1][2][6] Surface Drill Program - The surface drilling at the Reforma deposit has confirmed the size, tenor, and grade of precious and base metals, with results exceeding geological model predictions [2][4] - A total of 4,060 meters of surface drilling has been completed at the Reforma deposit, with the program now shifting to the El Rey deposit [4] - The ongoing program aims to confirm and expand existing mineral resources and collect material for metallurgical testing to enhance precious metals recoveries [2][3] Underground Drill Program - High-grade gold and silver intercepts have been identified from the Reforma deposit, with significant intervals of massive sulphide mineralization reported [6][7] - The underground drilling program has been expanded by 50%, totaling 7,500 meters for 2025, focusing on defining mineable resources near existing workings [6][8] - Notable results include drillhole CMRF-25-10, which intercepted 13.0 meters of 11.4 g/t AuEq, and CMRF-25-11, which intercepted 24.6 meters of 6.0 g/t AuEq [6][10] Exploration Targets - Luca Mining has identified 38 priority exploration targets near the Reforma and El Rey deposits, which have never been drill tested [3] - The exploration strategy is based on favorable geological, geochemical, and geophysical interpretations from historical data [3] Financial and Operational Expansion - Based on strong drilling results, the surface drill program at Campo Morado has been increased by 120%, with a total budget of 5,500 meters for 2025 [6] - The company is in a transformative period, unlocking the gold-rich VMS potential of the Campo Morado property [9]
GALIANO GOLD PROVIDES NOTICE OF THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-10-08 12:30
, /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce it will release its third quarter ("Q3") 2025 financial and operational results after market close on November 6, 2025. The Company will host a conference call and webcast to review and discuss the Q3 results on November 7, 2025, at 7:30am PT. Conference Call Details Replay (available until November 14, 2025) | Date: | November 7, 2025 | Local: | 289-819-1450 | | --- | --- | --- | --- | | ...
RUA GOLD to Present at Conferences Across Munich, New York, Sydney, New Zealand and Zurich During the 4th Quarter of 2025
Newsfile· 2025-10-07 11:00
RUA GOLD to Present at Conferences Across Munich, New York, Sydney, New Zealand and Zurich During the 4th Quarter of 2025October 07, 2025 7:00 AM EDT | Source: Rua Gold Inc.Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Rua Gold Inc. (TSXV: RUA) (OTCQB: NZAUF) (WKN: A40QYC) ("RUA GOLD" or the "Company") is pleased to announce that the team will be presenting at several conferences during the fourth quarter of 2025. They include the Metals & Mining Virtual Investor Conference ...
NEW GOLD PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2025 RESULTS AND CONFERENCE CALL
Prnewswire· 2025-10-07 10:30
, /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American:Â NGD) is providing notice that it will release its third quarter 2025 operational and financial results after market close on Tuesday, October 28, 2025. The Company will host its third quarter 2025 earnings conference call and webcast on Wednesday, October 29, 2025 at 8:30 am Eastern Time. Third Quarter 2025 Conference Call and Webcast About New Gold New Gold is a Canadian-focused intermediate mining Company with a portf ...