Core Viewpoint - Mines D'Or Orbec Inc. has received final court approval for its arrangement with IAMGOLD Corporation, which will result in IAMGOLD acquiring all outstanding common shares of Orbec [1][2]. Group 1: Arrangement Details - The Ontario Superior Court of Justice has issued a final order approving the plan of arrangement under the Business Corporations Act (Ontario) [1]. - The arrangement is expected to be completed by December 22, 2025, subject to the satisfaction or waiver of remaining conditions outlined in the arrangement agreement dated October 19, 2025 [2]. Group 2: Company Background - Mines D'Or Orbec Inc. is a gold company that owns 100% of a mineral claim position near Chibougamau, Québec, covering approximately 25,250 hectares in the Abitibi Greenstone Belt [5]. - The Muus Project is prospective for gold mineralization and is adjacent to IAMGOLD's Nelligan Gold Project, with exploration advancing in collaboration with IAMGOLD, which holds about 9.9% of Orbec [5].

Core Viewpoint - iA Financial Group has announced a donation of $500,000 to Food Banks Canada to support local food banks and community organizations across the country [1] Group 1 - The donation aims to assist people and families in need, addressing food insecurity in Canada [1] - Since 2021, iA Financial Group has been supporting Food Banks Canada, which collaborates with over 5,500 food banks and community organizations [1] - Currently, one in four people in Canada lacks sufficient access to food, highlighting the importance of this initiative [1]

Core Viewpoint - IAMGOLD Corporation (NYSE:IAG) is highlighted as a strong investment opportunity in the gold sector, showing significant share price appreciation and positive financial developments [2][3][4]. Financial Performance - IAMGOLD achieved a remarkable return of over 213% in 2025 and approximately 110% over the past six months, reaching a 52-week high of $16.38 on December 12, 2025, and closing at $15.84 [2]. - The company fully repaid the remaining $130 million on its 2nd Lien Term Loan as of December 9, 2025, marking a significant milestone in its balance sheet [3]. Share Buyback Program - The Toronto Stock Exchange approved IAMGOLD's plan to repurchase up to 57 million shares, representing about 9.92% of its public float, from December 12, 2025, to December 11, 2026, funded through operating cash flows [3]. Analyst Ratings - Bank of America raised its price target for IAMGOLD from $16.75 to $18.00, maintaining a "Buy" rating, reflecting positive sentiment from analysts regarding the company's prospects [4]. Company Overview - IAMGOLD is a gold producer with operations and development assets in Canada and Burkina Faso, and it holds interests in the Cote, Westwood, and Essakane projects [5].

Core Viewpoint - Mines D'Or Orbec Inc. has received overwhelming approval from its securityholders for the acquisition by IAMGOLD Corporation, indicating strong support for the proposed arrangement [1][2]. Group 1: Acquisition Details - The special resolution for the acquisition was approved by 99.96% of votes from shareholders present or represented by proxy [2]. - Under the arrangement, shareholders will receive a total consideration of $0.125 per Orbec share, which includes 0.003466 of a common share of IAMGOLD and $0.0625 in cash for each Orbec share [3]. - The arrangement is expected to close around December 22, 2025, pending the satisfaction of all conditions [5]. Group 2: Shareholder Participation - A total of 58,372,757 votes were cast by shareholders, representing approximately 53.59% of all issued and outstanding Orbec shares as of the record date [2]. - The approval also included 99.97% of votes from shareholders, optionholders, and warrantholders voting as a single class [2]. Group 3: Future Steps - Orbec will seek a final order from the Ontario Superior Court of Justice to approve the arrangement, with a hearing expected on or about December 18, 2025 [5]. - Further details regarding the arrangement and payment procedures are available in the company's management information circular dated November 10, 2025 [4]. Group 4: Company Background - Mines D'Or Orbec Inc. owns 100% of a mineral claim position near Chibougamau, Québec, covering approximately 25,250 hectares and is prospective for gold mineralization [6]. - The company is collaborating with IAMGOLD on the exploration of the Muus Gold Project, which is adjacent to IAMGOLD's Nelligan Gold Project [6].

Core Insights - IAG's share price experienced significant growth in 2025, continuing a positive trend from 2024, with a rise of approximately 40%, leading to a market capitalization exceeding £18 billion [1] - The company outperformed other major airlines, with Delta and United Airlines showing increases of 17% and 8.4% respectively, while the US Global Jets ETF rose by 10% [1] Financial Performance - IAG's revenue for the first nine months of the year reached €25 billion, marking an increase of nearly 5% compared to the same period last year [2] - Operating profit surged by 18.3% to €3.9 billion, significantly exceeding analyst expectations [3] - Profit-after-tax increased by 15% to €2.7 billion, and earnings per share (EPS) rose by 20.2% to €57.2, driven by strong performance in key regions like North Atlantic and Europe [3] Capacity and Expansion - The company has expanded its North Atlantic capacity through its brands, including British Airways, Iberia, and Aer Lingus, while also focusing on growth in the Latin American market [4] - IAG has added new routes in response to rising demand, with Aer Lingus expanding to Indianapolis, Nashville, and Minneapolis, and British Airways adding routes to Milan and Kuala Lumpur [5] Financial Health and Shareholder Returns - IAG's balance sheet has improved, ending the last quarter with over £8.7 billion in cash and equivalents, and reducing borrowings from £17.34 billion to £14.7 billion [6] - The company is committed to reducing leverage while expanding its fleet, including a $13 billion order from Boeing [7] - IAG has completed a €1 billion share buyback, reducing outstanding shares, and continues to pay dividends with a current yield of about 2.7%, indicating intentions to increase payouts [7] Stock Performance and Technical Analysis - The IAG stock price has shown a strong upward trend, moving from a low of 205.9p in April to 400p, with a peak of 425p on November 3 before dropping to 362p [8] - A double-bottom pattern formed at 362p, and the stock remains above all moving averages, suggesting potential for further gains, with a key resistance level at 425p and a psychological target of 500p [9]

Core Points - iA Financial Group announced the winners of its ninth annual philanthropic contest, highlighting its commitment to community support [1] - Four organizations, La Maison de la Famille de Val-d'Or, Fred Victor Centre, Free Play for Kids Inc., and Greener Village, will each receive a donation of $100,000 [1] - The donations are aimed at supporting projects that improve food security within their respective communities [1]

Core Points - IAMGOLD Corporation has successfully completed the repayment of its $130 million 2nd Lien Term Loan, marking a significant step in its debt reduction strategy [1][2] - The Toronto Stock Exchange has approved IAMGOLD's normal course issuer bid to repurchase up to 57 million common shares, representing approximately 9.92% of its public float as of November 30, 2025 [1][2] - The share buyback program reflects management's confidence in the company's long-term value and aims to enhance financial flexibility [2][5] Financial Strategy - The repayment of the term loan is part of IAMGOLD's broader strategy to strengthen its balance sheet and improve financial flexibility [2][5] - The company plans to fund the share repurchases from its operating cash flows, with acquired shares either being canceled or held in trust for future obligations [5][4] - As of November 30, 2025, IAMGOLD had 575,475,425 issued and outstanding shares, with a maximum daily purchase limit of 585,822 shares under the bid [3][4] Operational Outlook - IAMGOLD is optimistic about its growth opportunities in 2026, particularly regarding the expansion potential of its Côté Gold project and other operations like Westwood, Essakane, and Nelligan Mining Complex [2][8] - The company emphasizes disciplined capital allocation and believes that the market may undervalue its shares, making the buyback an attractive investment [2][5]

Core Viewpoint - Investors are evaluating Iamgold (IAG) and Alamos Gold (AGI) to determine which stock offers better value at present [1] Valuation Metrics - IAG has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while AGI has a Zacks Rank of 3 (Hold) [3] - IAG's forward P/E ratio is 18.53, compared to AGI's forward P/E of 25.32, suggesting IAG may be undervalued [5] - The PEG ratio for IAG is 0.44, while AGI's PEG ratio is 0.52, indicating IAG's expected earnings growth is more favorable [5] - IAG's P/B ratio is 2.47, whereas AGI's P/B ratio is 3.85, further supporting IAG's valuation advantage [6] Value Grades - IAG has received a Value grade of B, while AGI has a Value grade of C, highlighting IAG's stronger position in terms of value metrics [6] - The combination of improving earnings outlook and favorable valuation metrics positions IAG as the superior value option [7]

Group 1 - Éric Jobin, Executive Vice-President, Chief Financial Officer and Chief Actuary of iA Financial Group, will participate in a fireside chat at the Desjardins Toronto Conference on November 25, 2025, at 11:15 a.m. (ET) [1] - The fireside chat will be streamed live and a replay will be available on the iA Financial Group website under the Investor Relations section [1] - A presentation for investors by iA Financial Group is also available [1]

Core Insights - The article emphasizes the importance of protecting investments, particularly in the Mining and Real Estate sectors [1]. Group 1 - The author works on the buy-side in Fixed Income and has a special interest in the Mining and Real Estate sectors [1].