Workflow
aTyr Pharma(LIFE)
icon
Search documents
Insurtech Leader Ethos Adds Industry Veteran William Wheeler to Board of Directors
Globenewswire· 2025-07-30 15:00
With his addition, Mr. Wheeler joins a board that, along with co-founders Peter Colis and Lingke Wang, includes Sequoia Capital's Roelof Botha, Accel's Nate Niparko, Guidewire Software's Priscilla Hung, Twilio's Khozema Shipchandler, and former PayPal executive John Kunze. Former President of Athene brings decades of insurance, retirement, and financial services leadership to support Ethos' next stage of growth AUSTIN, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- Ethos, a leading life insurance technology compa ...
MustGrow Announces Non-Brokered LIFE Offering of up to $3 Million, Proposed Repricing of Warrants, and Shares for Debt Settlement Offer to Debentureholders
Newsfile· 2025-07-30 11:00
Core Points - MustGrow Biologics Corp. announced a non-brokered private placement offering of up to $3 million through the sale of 4,285,715 units at a price of $0.70 per unit [1] - The offering includes a proposed repricing of existing warrants and a shares-for-debt settlement offer to debentureholders [1][10] - The net proceeds from the offering will be used for inventory production of its organic biofertility product TerraSanteTM, agricultural product inventory, and general corporate purposes [3] LIFE Offering - Each unit in the LIFE Offering consists of one common share and one common share purchase warrant, with the warrant exercisable at $0.90 for 60 months [2] - The offering is expected to close around August 21, 2025, subject to necessary approvals [6] Warrant Repricing - The company plans to reprice 1,721,610 outstanding warrants from an exercise price of $1.90 to $0.90, with an expiry date of January 16, 2030 [10] - An acceleration provision will be included, allowing for a 30-day exercise period if the share price exceeds $1.08 for ten consecutive trading days [11] Shares for Debenture Debt Settlement - MustGrow intends to offer shares to settle up to $2,585,000 in outstanding principal on unsecured convertible debentures, issuing approximately 3,692,860 shares at a deemed price of $0.70 each [13] - The settlement shares will also be subject to a statutory hold period of four months and one day from issuance [14] Company Overview - MustGrow Biologics Corp. provides innovative biological and regenerative agriculture solutions, focusing on eco-friendly alternatives to synthetic chemicals and fertilizers [18] - The company has a portfolio of approximately 112 patents and collaborates with agriculture companies like Bayer AG for commercialization [18]
GR Silver Announces $12 Million Bought Deal LIFE Offering of Units
Newsfile· 2025-07-28 11:54
Core Points - GR Silver Mining Ltd. has entered into an agreement with Research Capital Corporation for a bought deal offering of 60,000,000 units at a price of $0.20 per unit, resulting in gross proceeds of $12,000,000 [1][3] - Each unit consists of one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.28 for 36 months [2] - The net proceeds will be allocated to the advancement of the Plomosas Project in Mexico, working capital, and general corporate purposes [3] Offering Details - The underwriter has an option to increase the offering size by up to 15% of the total number of units issued, exercisable up to 48 hours before closing [4] - The offering will be conducted under the listed issuer financing exemption, making the units immediately "free-trading" under Canadian securities laws [5] - The closing of the offering is expected around August 12, 2025, pending necessary regulatory approvals [7] Financial Terms - The underwriter will receive a cash commission of 6.0% of the gross proceeds and broker warrants equal to 6.0% of the units sold, with each broker warrant allowing the purchase of one unit at the offering price for 36 months [8] Company Overview - GR Silver Mining is a Canadian-based junior mineral exploration company focused on silver-gold resource expansion in Mexico, controlling 100% of the Plomosas Project [10] - The company is engaged in cost-effective exploration and has made recent discoveries in its 78 km² of advanced-stage exploration concessions [10]
Q2 Metals Announces $20 Million LIFE Private Placement of Flow-Through Shares
GlobeNewswire News Room· 2025-07-23 20:31
Group 1 - Q2 Metals Corp. has entered into an agreement for a best efforts private placement of 20,000,000 common shares at a price of $1.00 per share, aiming for gross proceeds of up to $20,000,000 [1][2] - The company will grant the agent an option to sell an additional 5,000,000 shares, potentially raising an extra $5,000,000 [1] - The offering is expected to close around August 14, 2025, subject to regulatory approvals [3] Group 2 - Proceeds from the sale of the shares will be used to incur eligible Canadian exploration expenses related to the company's projects in Québec, with a deadline for renouncement set for December 31, 2025 [2] - The FT Shares will be offered to purchasers in Canada and other qualifying jurisdictions, exempt from a hold period under applicable Canadian securities laws [4] Group 3 - Q2 Metals is focused on the Cisco Lithium Project in Québec, which consists of 801 claims covering 41,253 hectares [7] - The Cisco Project has an initial exploration target estimating potential lithium mineralization of 215 to 329 million tonnes at grades ranging from 1.0% to 1.38% Li2O [8] - Ongoing drill testing at the Cisco Project shows potential for significant expansion, with results expected in Q3 2025 as the company works towards a maiden resource estimate [9]
GLOBE LIFE INC. REPORTS SECOND QUARTER 2025 RESULTS
Prnewswire· 2025-07-23 20:10
Core Points - Globe Life Inc. reported a net income of $3.05 per diluted common share for Q2 2025, an increase from $2.83 in the same quarter last year, while net operating income rose to $3.27 per diluted common share from $2.97 [1][6][8] - The company experienced a 10% increase in net operating income per share compared to the previous year, and a 4% increase in total premium revenue [6][10] - Life insurance accounted for 78% of the company's insurance underwriting margin, while health insurance made up 22% [9][10] Financial Performance - For the three months ended June 30, 2025, insurance underwriting income was $354.176 million, a 4% increase from $340.437 million in the same period last year [5][12] - Life premiums increased by 5% year-over-year, while health net sales surged by 20% [6][10] - The company repurchased 1.9 million shares of common stock at a total cost of $226 million during the quarter [33] Investment Performance - Net investment income decreased by 1% to $282.169 million, while excess investment income fell by 19% to $34.828 million [22][23] - The investment portfolio as of June 30, 2025, totaled $19.925 billion, with fixed maturities making up 87% of the total [25][27] - The fixed maturity portfolio earned an annual taxable equivalent effective yield of 5.29% during Q2 2025, compared to 5.26% in the previous year [28] Guidance and Outlook - The company reaffirmed its guidance for net operating income between $14.25 to $14.65 per diluted common share for the year ending December 31, 2025 [35]
Gunnison Copper closes $8.66M LIFE private placement
Proactiveinvestors NA· 2025-07-21 13:06
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
CORRECTION FROM SOURCE: Gunnison Copper Announces Closing of the Listed Issuer Financing Exemption (LIFE) Private Placement for Gross Proceeds of C$8.662 Million
Newsfile· 2025-07-19 00:28
Core Viewpoint - Gunnison Copper Corp. has successfully closed a non-brokered private placement, raising gross proceeds of C$8.662 million through the sale of 28,874,100 units at a price of C$0.30 per unit [1][2]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.45 until July 18, 2028 [2]. - The offering was conducted under the listed issuer financing exemption, allowing immediate tradeability of the securities in Canada [4]. Use of Proceeds - The net proceeds will fund additional work related to the High Value Add Work Program at the Gunnison Copper Project, initiate long lead time drilling and metallurgical testing for a pre-feasibility study, and cover general and administrative expenses for the U.S. head office for an additional 12 months [3]. Finder's Compensation - Red Cloud Securities Inc. received a cash commission of C$512,875.80 and was issued 1,709,586 non-transferable warrants, each allowing the purchase of one common share at C$0.45 until July 18, 2028 [5]. Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer, controlling the Cochise Mining District in Southern Arizona, which contains 12 known deposits within an 8 km radius [7]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicates a net present value (NPV) of $1.3 billion and an internal rate of return (IRR) of 20.9% [10]. Additional Assets - The Johnson Camp Asset, under construction, is expected to produce its first copper in Q3 2025, with a capacity of up to 25 million pounds of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [12].
Gunnison Copper Announces Closing of the Listed Issuer Financing Exemption (LIFE) Private Placement for Gross Proceeds of C$8.647 Million
Newsfile· 2025-07-18 21:56
Core Viewpoint - Gunnison Copper Corp. has successfully closed a non-brokered private placement, raising gross proceeds of C$8.647 million through the sale of 28,874,100 units at a price of C$0.30 per unit [1][2]. Financing Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.45 until July 18, 2028 [2]. - The offering was conducted under the listed issuer financing exemption, allowing immediate tradeability of the securities in Canada [4]. Use of Proceeds - The net proceeds will fund additional work related to the High Value Add Work Program at the Gunnison Copper Project, initiate long lead time drilling and metallurgical testing for a pre-feasibility study, and cover general and administrative expenses for the U.S. head office for an additional 12 months [3]. Finder's Compensation - Red Cloud Securities Inc. received a cash commission of C$512,875.80 and was issued 1,709,586 non-transferable warrants, also allowing the purchase of common shares at C$0.45 until July 18, 2028 [5]. Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer, controlling the Cochise Mining District in Southern Arizona, which contains 12 known deposits within an 8 km radius [7]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicates an NPV of $1.3 billion and an IRR of 20.9% [10]. Additional Assets - The Johnson Camp Asset, under construction with first copper production expected in Q3 2025, is fully funded by Nuton LLC, with a production capacity of up to 25 million lbs of finished copper cathode annually [12].
Pampa Metals Closes Upsized $6m LIFE Offering
Thenewswire· 2025-07-15 11:30
Core Points - Pampa Metals Corp. has issued 38,250,000 shares at $0.16 per share, raising gross proceeds of $6,120,000 under the LIFE Offering [1][2] - The net proceeds will be used for exploration drilling at the Cobrasco copper porphyry discovery in Colombia, preparatory work for the Piuquenes copper-gold discovery in Argentina, and general corporate purposes [2] - The acquisition of Rugby Resources Ltd. is expected to be completed shortly after the special meeting of Rugby shareholders on July 16, 2025 [3] Financial Details - The company paid aggregate finder's fees of $179,950 and issued 1,388,756 finder's warrants and 264,063 finder's shares in connection with the Private Placement [4] - Canaccord Genuity Corp. served as the financial advisor and will receive an advisory fee of $61,200, which is 1% of the total gross proceeds raised [4] Company Background - Pampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange, Frankfurt, and OTC exchanges [6] - The company has entered into an Option and Joint Venture Agreement for an 80% interest in the Piuquenes Copper-Gold Porphyry Project in Argentina and an agreement to acquire 100% of Rugby Resources Ltd., which will give it an 80% interest in the Cobrasco Project in Colombia [6]
Gunnison Copper Announces Upsize of the Listed Issuer Financing Exemption (LIFE) Private Placement to up to C$8.745 Million
Newsfile· 2025-07-11 10:30
Core Viewpoint - Gunnison Copper Corp. has increased the size of its non-brokered private placement from C$5,000,010 to C$8,745,000 due to strong investor demand [1][3]. Group 1: Offering Details - The upsized offering will consist of up to 29,150,000 units priced at C$0.30 per unit, each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.45 for a period of 36 months following the issue date [2]. Group 2: Use of Proceeds - The net proceeds from the offering will fund additional work related to the High Value Add Work Program at the Gunnison Copper Project, long lead time drilling, and metallurgical testing for a pre-feasibility study [3]. - The funds will also cover general and administrative expenses for the U.S. head office for an additional 12 months [3]. Group 3: Regulatory and Closing Information - The offering is subject to regulatory approvals and is scheduled to close on July 17, 2025 [6]. - The units will be offered in all Canadian provinces except Québec and may also be sold in offshore jurisdictions and the U.S. under certain exemptions [4][5]. Group 4: Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer operating in the Southern Arizona Copper Belt, controlling the Cochise Mining District [10]. - The flagship Gunnison Copper Project has a measured and indicated mineral resource of over 831 million tons with a total copper grade of 0.31% and a preliminary economic assessment indicating an NPV of $1.3 billion and an IRR of 20.9% [12]. Group 5: Additional Assets - The Johnson Camp Asset, under construction, is expected to produce up to 25 million lbs of finished copper cathode annually, fully funded by Nuton LLC, a Rio Tinto Venture [14]. - Other significant deposits in the district have the potential to serve as economic satellite feeder deposits for the Gunnison Project [14].