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Outset Medical Reports Unaudited Fourth Quarter and 2025 Results
Globenewswire· 2026-01-12 13:30
Core Insights - Outset Medical, Inc. reported unaudited revenue for Q4 and fiscal year 2025, highlighting a 5% increase in annual revenue to approximately $119.5 million compared to $113.7 million in 2024 [8] - The company has appointed Karen N. Prange to its board of directors, bringing extensive experience in commercial operations and strategy [4][5][6] - Outset Medical aims to leverage its innovative technology to enhance patient care outcomes while reducing costs and complexity in dialysis [3] Financial Performance - Q4 revenue reached approximately $28.9 million, contributing to the total revenue of approximately $119.5 million for 2025 [8] - The year-end cash position, including restricted cash and short-term investments, totaled $173 million, with net cash used in operations below $50 million in 2025, a significant decrease from $116 million in 2024 [8] Company Developments - Outset Medical has established a strong backlog and a growing pipeline of opportunities as it enters 2026 [3] - The company has enabled over 1,000 care sites to insource dialysis, performing roughly 1 million treatments annually, with a cumulative total of over 3 million treatments on its Tablo system [8] - The appointment of Karen Prange is expected to enhance the board's capabilities in navigating growth opportunities in the acute-care setting [6]
Osisko Metals Announces C$15 Million "Bought Deal" Flow-Through Share Financing
Globenewswire· 2026-01-12 12:00
Core Viewpoint - Osisko Metals Incorporated has announced a bought deal private placement financing for 11,812,000 flow-through shares at a price of C$1.27 per share, aiming to raise gross proceeds of C$15,001,240 to fund Canadian exploration expenses related to its projects [1][2]. Group 1: Financing Details - The financing will involve the issuance of flow-through shares, which are designed to allow the company to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures [2]. - The offering is expected to close around February 3, 2026, pending approval from the Toronto Stock Exchange and other conditions [3]. - A cash commission of 5% of the gross proceeds will be paid to the underwriters for their services [4]. Group 2: Company Overview - Osisko Metals is focused on the critical metals sector, particularly copper and zinc, and has acquired a 100% interest in the Gaspé Copper mine, which is the largest undeveloped copper resource in eastern North America [6]. - The Gaspé Copper project has current indicated mineral resources of 824 million tonnes grading 0.34% CuEq and inferred mineral resources of 670 million tonnes grading 0.38% CuEq [6]. - The company is also advancing the Pine Point project, which has indicated mineral resources of 49.5 million tonnes at 5.52% ZnEq and inferred resources of 8.3 million tonnes at 5.64% ZnEq [7].
Outset Medical to Present at the 44th Annual J.P. Morgan Healthcare Conference
Globenewswire· 2026-01-05 21:05
Company Overview - Outset Medical, Inc. is a medical technology company focused on transforming the dialysis experience with innovative technology [3] - The company’s flagship product, the Tablo® Hemodialysis System, is FDA-cleared for use in various settings, from hospitals to home care [3] - Tablo integrates water purification and on-demand dialysate production into a single system, enhancing operational efficiency and patient care [3] Key Presentation Details - Chair & CEO Leslie Trigg will present at the 44th annual J.P. Morgan Healthcare conference on January 14, 2026, at 4:30 p.m. Pacific time [1] - A live and archived webcast of the presentation will be available on the Outset Medical website [2] Market Impact - The Tablo system is currently trusted by over 1,000 healthcare facilities in the U.S. and has facilitated millions of treatments by thousands of nurses [3] - Outset Medical aims to empower healthcare providers to establish in-house dialysis programs, leading to improved operational, clinical, and financial outcomes [3]
Osisko Metals Appoints COO
Globenewswire· 2026-01-05 21:01
Core Viewpoint - Osisko Metals Incorporated has appointed Jeff Hussey as Chief Operating Officer, effective immediately, to advance its Gaspé Copper Project [1][4]. Company Overview - Osisko Metals is a Canadian exploration and development company focused on critical metals, particularly copper and zinc [4]. - The company acquired a 100% interest in the Gaspé Copper mine from Glencore Canada Corporation in July 2023, which is located in Québec's Gaspé Peninsula [4]. - The Gaspé Copper mine hosts the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq and Inferred Mineral Resources of 670 million tonnes averaging 0.38% CuEq [4]. Leadership Changes - Jeff Hussey has over 40 years of experience in the exploration and mining industries and has held various management positions within Osisko Metals, including CEO of Pine Point Mining Limited [2][3]. - He has resigned from the board of directors of Osisko Metals but will continue to support Pine Point Mining Limited while focusing on the Gaspé Copper project as COO [3]. Project Details - The Gaspé Copper project is currently focused on resource expansion and is undergoing economic evaluation, permitting, and startup phases [3]. - In addition to the Gaspé Copper project, Osisko Metals is advancing the Pine Point project, which has Indicated Mineral Resources of 49.5 million tonnes averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 million tonnes averaging 5.64% ZnEq [5].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Outset Medical, Inc. - OM
Globenewswire· 2025-12-30 21:21
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Outset Medical and its officers/directors, following disappointing financial results and a significant drop in stock price [1][3]. Financial Performance - On November 10, 2025, Outset Medical reported non-GAAP earnings per share of -$0.69, missing consensus estimates by $0.03 [3]. - The company generated revenue of $29.43 million for the third quarter of 2025, which was $1.27 million below consensus estimates [3]. - Outset Medical revised its 2025 revenue outlook to a range of $115 million to $120 million, down from a previous range of $122 million to $126 million, citing delays in closing large opportunities [3]. Stock Market Reaction - Following the announcement of the financial results, Outset Medical's stock price fell by $5.85 per share, or 48.47%, closing at $6.22 per share on November 11, 2025 [3].
Osisko Metals Announces Closing of $32.5 Million Private Placement With Strategic Investors
Globenewswire· 2025-12-16 22:30
Core Viewpoint - Osisko Metals Incorporated has successfully completed a non-brokered private placement, raising approximately $32.48 million through the issuance of 67,666,666 common shares at $0.48 each, with strategic investments from Hudbay Minerals and Agnico Eagle Mines [1][2][4]. Group 1: Private Placement Details - The private placement resulted in Hudbay owning 29,166,666 common shares, equating to about 4.3% of the total shares on a non-diluted basis [2]. - Agnico Eagle Mines holds 67,210,000 common shares and 20,605,000 warrants, representing approximately 9.85% ownership on a non-diluted basis and 12.49% on a partially-diluted basis [2]. - The proceeds from the private placement will be utilized to advance the Gaspé Copper project and for general corporate purposes [4]. Group 2: Investor Rights Agreements - An investor rights agreement was established between the Company and Hudbay, granting Hudbay top-up rights and participation rights in future offerings once its ownership reaches 9.9% [3]. - The existing investor rights agreement with Agnico was amended to allow Agnico to increase its ownership interest to approximately 12.49% [3]. Group 3: Project Focus - The Gaspé Copper project, acquired from Glencore Canada in July 2023, is a key focus for the Company, with indicated mineral resources of 824 million tonnes at a grade of 0.34% CuEq and inferred resources of 670 million tonnes at 0.38% CuEq [6]. - The Company is also advancing the Pine Point project, which has indicated resources of 49.5 million tonnes at 5.52% ZnEq and inferred resources of 8.3 million tonnes at 5.64% ZnEq [8].
Osisko Metals surges on $23M investment boost for Gaspé
MINING.COM· 2025-12-03 19:43
Core Viewpoint - Osisko Metals is set to receive a C$32.5 million ($23.2 million) investment to support the development of its Gaspé copper project in Quebec, with participation from several prominent mining companies [1][2]. Investment Details - Osisko will issue approximately 67.66 million common shares at a price of C$0.48 each through a private placement [2]. - Notable participants include Hudbay Minerals, Agnico Eagle Mines, and Franco-Nevada, with Hudbay expected to acquire over 29 million shares, representing 4.3% of outstanding shares post-financing [3]. Market Reaction - Following the announcement, Osisko Metals' stock surged over 12% to a near 52-week high of C$0.55, resulting in a market capitalization of approximately C$330.7 million ($237.1 million) [4]. Project Overview - The funding will advance the Gaspé copper project, touted as the largest copper project in eastern North America, with planned activities including drilling, permitting, and technical studies [5]. - The Gaspé mine, located near Murdochville, is expected to start producing around 500,000 tonnes of copper concentrate annually by 2032, supported by federal and provincial backing [6]. Resource Assessment - Currently, the Gaspé project has 824 million indicated tonnes grading 0.27% copper, equating to 2.23 million tonnes of contained copper, and an additional 670 million tonnes inferred grading 0.3% copper, totaling 1.99 million tonnes of copper [7].
Osisko Metals Announces $32.5 Million Private Placement with Strategic Investors
Globenewswire· 2025-12-03 11:00
Core Viewpoint - Osisko Metals Incorporated is set to complete a non-brokered private placement of approximately 67,666,666 common shares at an offering price of $0.48 per share, aiming for gross proceeds of about $32,480,000 to advance its Gaspé Copper project [1][4]. Group 1: Private Placement Details - The private placement will include subscriptions from strategic investors, with the size depending on contractual participation rights granted to Glencore Canada Corporation [2]. - Hudbay Minerals is expected to acquire 29,166,666 common shares, representing approximately 4.3% of the issued shares, while Agnico Eagle Mines is expected to own 87,815,000 shares, equating to about 12.5% ownership [3]. - The net proceeds from the private placement will be utilized for advancing the Gaspé Copper project, including drilling, permitting, and technical studies [4]. Group 2: Strategic Partnerships and Shareholder Support - The participation of Hudbay Minerals as a significant shareholder is viewed as a positive endorsement of the Gaspé Copper project's potential [3]. - An investor rights agreement will be established between the company and Hudbay, granting Hudbay certain rights, including top-up rights and future participation in offerings [3]. Group 3: Company Overview and Project Focus - Osisko Metals is focused on the critical metals sector, particularly copper and zinc, and has a 100% interest in the Gaspé Copper project, which is the largest undeveloped copper resource in eastern North America [6][8]. - The Gaspé Copper project has current indicated mineral resources of 824 million tonnes at a grade of 0.34% CuEq and inferred resources of 670 million tonnes at 0.38% CuEq [6]. - The company is also advancing the Pine Point project, which has indicated mineral resources of 49.5 million tonnes at 5.52% ZnEq [9].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation of Outset Medical, Inc. (NASDAQ: OM) and Encourages Investors with Substantial Losses to Contact the Firm
Prnewswire· 2025-11-28 20:06
Company Overview - Outset Medical Inc. is a medical technology company based in San Jose, California, known for developing and producing the Tablo Hemodialysis System [3]. Allegations and Financial Performance - On November 10, 2025, Outset Medical reported its third-quarter 2025 financial results, showing non-GAAP earnings per share of –$0.69, which missed consensus estimates by $0.03. The revenue was reported at $29.43 million, falling short of expectations by $1.27 million [4]. - The company also revised its full-year 2025 revenue guidance down to a range of $115–$120 million from the previous range of $122–$126 million, citing delays in several anticipated opportunities [4]. Stock Market Reaction - Following the financial announcement, Outset Medical's stock price dropped by $5.85 per share, or 48.47%, closing at $6.22 per share on November 11, 2025 [5].
Osisko Intersects 138 Metres Averaging 1.45% Cu in South Extension at Gaspé
Globenewswire· 2025-11-20 11:00
Core Insights - Osisko Metals has announced new drill results from the Gaspé Copper Project, confirming significant higher-grade mineralization, particularly in the southern extension, with drill hole 30-1136 returning 64.5 metres averaging 2.70% Cu [2][6] - The company is optimistic about the growth of the project and anticipates an updated Mineral Resource Estimate (MRE) in early 2026 [2][27] Drill Results Summary - Drill hole 30-1136 reported 284.5 metres averaging 0.41% Cu, including a high-grade interval of 64.5 metres averaging 2.70% Cu [6][12] - Drill hole 30-1120 showed 598.5 metres averaging 0.28% Cu, contributing to infill and expansion efforts [6][8] - Drill hole 30-1129 revealed 881.0 metres averaging 0.22% Cu, with significant mineralization extending to a vertical depth of 897.9 metres [6][9] - Drill hole 30-1133 indicated 550.5 metres averaging 0.28% Cu, confirming mineralization to a depth of 831 metres [6][10] - Drill hole 30-1134 demonstrated 309.0 metres averaging 0.17% Cu and a deeper intersection of 228.5 metres averaging 0.41% Cu [6][11] - Drill hole 30-1138 confirmed mineralization with 685.8 metres averaging 0.27% Cu [6][13] - Drill hole 30-1139 showed 873.0 metres averaging 0.23% Cu, confirming mineralization to a depth of 815 metres [6][14] - Drill hole 30-1140 reported five intersections of mineralization, including 105.0 metres averaging 0.43% Cu [6][15] Project Overview - The Gaspé Copper Project is characterized by porphyry copper/skarn type mineralization, with significant historical mining potential [16][27] - The current drill program aims to convert the November 2024 MRE to Measured and Indicated categories and explore deeper and lateral expansions of the mineralization [18][27] - Osisko Metals acquired a 100% interest in the Gaspé Copper mine in July 2023, which hosts the largest undeveloped copper resource in eastern North America [27][28]