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Aero Energy and Kraken Energy Combine to Create a Premier North American Uranium Developer
Newsfile· 2025-04-02 11:00
Core Viewpoint - Aero Energy Limited and Kraken Energy Corp. have entered into a definitive arrangement agreement for Aero to acquire all outstanding shares of Kraken, creating a leading North American uranium developer [1][2] Transaction Overview - The transaction is valued at approximately $0.02754 per Kraken Share, totaling around $1.64 million, representing a 20% premium over the 15-day volume-weighted average trading price of Kraken Shares on the CSE [2][7] - The exchange ratio is set at 0.97037 Aero Shares for each Kraken Share [7] Strategic Benefits - The merger combines Aero's Athabasca Basin uranium assets with Kraken's U.S. uranium assets, creating a dual-jurisdiction portfolio that reduces risk and enhances potential returns for shareholders [5] - The transaction secures access to U.S. uranium opportunities, capitalizing on the increasing importance of domestic assets in the energy sector [5] - The merger is expected to enhance market presence and visibility, attracting stronger investor interest [5] Leadership and Governance - The board of directors of the merged entity will consist of five members, with three from Aero and two from Kraken, ensuring a balanced leadership structure [13] - Galen McNamara will serve as CEO and Martin Bajic as CFO of the merged company [13] Shareholder Support - The transaction has received unanimous approval from the boards of both companies, with Kraken's board recommending that shareholders vote in favor [16] - Directors and executive officers of Kraken, representing approximately 8% of the outstanding shares, have agreed to vote in favor of the transaction [15] Regulatory and Approval Process - The transaction requires approval from at least 66 2/3% of the votes cast by Kraken Shareholders and is subject to regulatory approvals from the TSX Venture Exchange and CSE [9][10] - A special meeting for Kraken Shareholders is expected to be convened in June 2025 to vote on the transaction [9] Project Details - Aero is advancing a 250,000-acre land package in Saskatchewan's Athabasca Basin, focusing on high-grade uranium deposits across its flagship projects [29] - Kraken's Apex Property, a key asset, is located in Nevada and has significant exploration potential beyond historically mined zones [23][26]
Are Consumer Staples Stocks Lagging Premier Foods (PRRFY) This Year?
ZACKS· 2025-03-31 14:42
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Premier Foods PLC. is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for PRRFY's full-year earnings has moved 3.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is st ...
Rakovina Therapeutics Unveils Preclinical Data at the AACR - World's Premier Cancer Research Forum
GlobeNewswire News Room· 2025-03-25 20:00
VANCOUVER, British Columbia, March 25, 2025 (GLOBE NEWSWIRE) -- Rakovina Therapeutics Inc. (TSX-V: RKV) (FSE: 7JO), a biopharmaceutical company advancing innovative cancer therapies through artificial intelligence (AI)-powered drug discovery, today announced that two of its abstracts have been accepted for presentation at the upcoming 2025 American Association for Cancer Research (AACR) Annual Meeting, taking place April 25–30 in Chicago, Illinois. The AACR Annual Meeting is widely considered the most prest ...
ONAR Agency Storia Lands Contract to Supercharge Premier Wellness Institution's Online Success
Prnewswire· 2025-03-25 12:30
LOS ANGELES, March 25, 2025 /PRNewswire/ -- Onar Holding Corporation (OTCQB:ONAR), a leading marketing technology company and network of marketing agencies, today announced the signing of a new client contract between their flagship digital marketing agency, Storia, and a renowned wellness institution located in New York City.Storia's Blueprint for Building a Digital OasisThis premier luxury relaxation center sought a partner to enhance its online presence and drive new customer revenue. Recognizing Storia' ...
All You Need to Know About Premier Foods (PRRFY) Rating Upgrade to Strong Buy
ZACKS· 2025-03-19 17:06
Core Viewpoint - Premier Foods PLC has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system tracks the Zacks Consensus Estimate, which reflects EPS estimates from sell-side analysts for the current and following years, highlighting the importance of earnings revisions in stock price movements [1][4]. - For the fiscal year ending March 2025, Premier Foods is expected to earn $0.90 per share, representing a 7.1% increase from the previous year [8]. Investor Sentiment and Market Impact - Rising earnings estimates and the Zacks rating upgrade suggest an improvement in Premier Foods' underlying business, which is likely to attract investor interest and push the stock price higher [5][10]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, indicating the potential for significant returns for Premier Foods [7][10]. Conclusion - The upgrade to Zacks Rank 1 places Premier Foods in the top 5% of Zacks-covered stocks, suggesting a favorable position for potential market-beating returns in the near term [10].
After Plunging -7.95% in 4 Weeks, Here's Why the Trend Might Reverse for Premier (PINC)
ZACKS· 2025-03-05 15:36
Premier, Inc. (PINC) has been beaten down lately with too much selling pressure. While the stock has lost 8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that me ...
Premier American Uranium Engages ICP Securities Inc. for Automated Market Making Services
GlobeNewswire News Room· 2025-03-03 21:30
Core Viewpoint - Premier American Uranium Inc. has engaged ICP Securities Inc. for automated market making services to enhance liquidity and manage share supply and demand [1][2]. Group 1: Company Overview - Premier American Uranium Inc. focuses on the consolidation, exploration, and development of uranium projects in the U.S., aiming to strengthen domestic energy security and support the transition to clean energy [4]. - The company holds extensive land in three key uranium-producing regions: the Grants Mineral Belt of New Mexico, the Great Divide Basin of Wyoming, and the Uravan Mineral Belt of Colorado [4]. - Premier American Uranium is backed by strong partnerships with institutional investors, including Sachem Cove Partners, IsoEnergy Ltd., and Mega Uranium Ltd. [5]. Group 2: Market Making Agreement - The agreement with ICP Securities Inc. is for an initial term of four months, starting March 1, 2025, with a monthly fee of C$7,500 plus applicable taxes [1]. - The market making activities will focus on correcting temporary imbalances in the supply and demand of the company's shares, with ICP responsible for its own costs [2]. - There are no performance factors or stock options included in the agreement, and ICP may acquire an interest in the company's securities in the future [1][2]. Group 3: ICP Securities Inc. Profile - ICP Securities Inc. is a Toronto-based CIRO dealer-member specializing in automated market making and liquidity provision, utilizing its proprietary algorithm, ICP Premium™ [3]. - Established in 2023, ICP focuses on enhancing market structure, execution, and trading to provide high-quality liquidity and execution services [3].
Premier Graphene Showcases Hemp Graphene for Military Use
Prism Media Wire· 2025-02-18 13:29
Core Insights - Premier Graphene Inc. introduces a hemp-derived graphene solution aimed at enhancing military protective gear and defense applications, focusing on durability, efficiency, and sustainability [4][10] - The company is collaborating with various military branches to develop next-generation protective equipment, leveraging a newly discovered quantum state in graphene that is expected to revolutionize quantum computing [4][5] - Premier Graphene is developing Graphene Tracking Capacity (GTC) technology for real-time soldier location monitoring, enhancing battlefield awareness [4][6] Military Applications - The eco-enhancing deep-green energy graphene improves military technology's performance while ensuring environmental sustainability [4][10] - Collaborations with HGI Industrial Technologies and Defense Atomics are central to the development of advanced military solutions, including protective attire with GTC [4][6][10] - The military applications are designed to provide unparalleled military intelligence, particularly in hostile or capture scenarios [4][6] Supply Chain and Production - Premier Graphene secures high-quality graphene through partnerships with ISATEK S.A. de C.V. for mining operations in Sonora, Mexico, and Santa Rosa Green Seeds for industrial hemp farming [4][8] - The vertically integrated supply chain allows for consistent quality and scalability, with the potential for 3-4 growth cycles of hemp per year [4][8] - The company emphasizes its commitment to sustainable practices, producing carbon-negative graphene through specialized industrial hemp [9][10] Strategic Partnerships - Premier Graphene's strategic partnerships with HGI Industrial Technologies, Defense Atomics, and others enhance its capabilities in graphene research and development [5][12] - The collaborations aim to accelerate investments in quantum technology research and develop new products utilizing the unique properties of the newly identified quantum state in graphene [12] - The company is positioned as a leader in advanced defense technology and sustainable materials through these partnerships [10]
Premier (PINC) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-02-10 18:01
Core Viewpoint - Premier, Inc. (PINC) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - For the fiscal year ending June 2025, Premier is expected to earn $1.30 per share, reflecting a decrease of 44.9% from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Premier has increased by 3.2%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Premier to a Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10].
Down -10.11% in 4 Weeks, Here's Why Premier (PINC) Looks Ripe for a Turnaround
ZACKS· 2025-02-10 15:36
Group 1 - The stock of Premier, Inc. (PINC) has experienced a downtrend, declining 10.1% over the past four weeks due to excessive selling pressure [1] - The stock is currently in oversold territory, indicated by an RSI reading of 25.46, suggesting a potential trend reversal [5] - Wall Street analysts have raised earnings estimates for PINC, with a 0.9% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [6] Group 2 - PINC holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating strong potential for a turnaround [7]