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Blue Star Announces Closing of First Tranche of Non-Brokered Private Placement
Newsfile· 2025-08-12 23:00
Core Viewpoint - Blue Star Gold Corp. has successfully raised approximately $1.74 million through a private placement, which includes flow-through units and regular units, subject to TSX Venture Exchange approval [1][4]. Group 1: Financial Details - The company raised gross proceeds of $1,739,999.90 by issuing 1,600,000 flow-through units at $0.15 each and 10,714,285 units at $0.14 each [1]. - Each flow-through unit consists of one common share and half a common share purchase warrant, while each unit consists of one common share and half a common share purchase warrant [2][3]. - The warrants allow holders to acquire additional shares at a price of $0.20 until August 12, 2026 [3]. Group 2: Use of Proceeds - Proceeds from the sale of units will be allocated for general working capital, while proceeds from flow-through units will be used for eligible Canadian exploration expenses related to the company's projects in Nunavut [4]. - The company plans to renounce qualifying expenditures by December 31, 2025, amounting to at least the total gross proceeds raised from the issuance of flow-through units [5]. Group 3: Related Party Transactions - Dr. Georg Pollert, a director and controlling shareholder, purchased 10,714,285 units in the private placement, classifying this as a related party transaction [7]. Group 4: Company Overview - Blue Star Gold Corp. is focused on mineral exploration and development in Nunavut, Canada, with landholdings totaling 300 square kilometers in the High Lake Greenstone Belt [8]. - The company owns the Ulu Gold Project and the Roma Project, with significant high-grade gold resources and numerous exploration targets [8].
Firstsource named a 'Star Performer' and a 'Major Contender' in Everest Group's Financial Crime and Compliance (FCC) Operations Services PEAK Matrix® Assessment 2025
Prnewswire· 2025-08-12 13:27
LOUISVILLE, Ky., Aug. 12, 2025 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE:532809), a leading global provider of specialist domain-led Business Process Services (BPS) and an RP- Sanjiv Goenka Group company, has been recognized as a Star Performer and a Major Contender in Everest Group's Financial Crime and Compliance (FCC) Operations Services PEAK Matrix® Assessment 2025. This dual recognition indicates Firstsource's year-on-year improvement in both market impact and vision & capability di ...
Blue Star Reports High-grade Surface Samples from Nutaaq, Axis and Twilight Drill Targets; 597 g/t and 134 g/t Au Returned from Nutaaq
Newsfile· 2025-08-12 12:00
Blue Star Reports High-grade Surface Samples from Nutaaq, Axis and Twilight Drill Targets; 597 g/t and 134 g/t Au Returned from Nutaaq August 12, 2025 8:00 AM EDT | Source: Blue Star Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - August 12, 2025) - Blue Star Gold Corp. (TSXV: BAU) (OTCQB: BAUFF) (FSE: 5WP0) ("Blue Star" or the "Company"), a leading explorer in Canada's North, announces the completion of the pre-drilling Phase I Surface Exploration Program at its projects located in the High Lake ...
Star Group Q3 Net Loss Widens Y/Y on Lower Sales, Revenues Fall
ZACKS· 2025-08-11 16:31
Core Viewpoint - Star Group, L.P. (SGU) has experienced a decline in share price and underperformed against the S&P 500 index following its third-quarter fiscal 2025 results, indicating challenges in revenue and profitability [1] Q3 Results - For the fiscal quarter ending June 30, 2025, Star Group reported revenues of $305.6 million, a decrease of 7.8% from $331.6 million in the prior-year quarter, attributed to lower product sales volumes and decreased selling prices [2] - Home heating oil and propane volume fell by 3.8% to 36.2 million gallons, with customer attrition and warmer weather impacting performance [2] Financial Performance - The company reported a net loss of $16.6 million, compared to a loss of $11 million in the same period last year, with an adjusted EBITDA loss widening to $10.6 million from $4.1 million [3] - Loss per share was 48 cents, wider than the 31 cents loss in the previous year [3] Other Key Business Metrics - Service and installation performance improved, with gross profit rising by $0.6 million to $14 million, reflecting expense control [4] - Delivery and administrative expenses increased by $4.3 million year over year, primarily due to acquisition-related costs [4] Year-to-Date Performance - In the first nine months of fiscal 2025, volumes rose by 11.8% to 262.6 million gallons, supported by colder weather and acquisitions [5] - Product gross profit for the nine months grew by 13% to $480 million, with net income increasing by 45% year over year to $102.2 million [5] Management Commentary - Management highlighted improved service metrics and benefits from propane acquisitions, despite seasonal weaknesses and customer attrition [6] - The company aims to expand its customer base in propane and heating oil while diversifying revenue streams to mitigate weather sensitivity [6] Factors Influencing Results - Revenue decline was linked to reduced heating oil and propane demand due to warmer temperatures, which were 2% warmer than last year and 19.3% warmer than normal [7] - Selling prices fell alongside a 14.3% decline in wholesale product costs [7] Margin Pressures - Margins faced pressure from acquisition-related mix effects, although acquisitions contributed positively to adjusted EBITDA during a typically loss-making quarter [8] - Expense growth was primarily driven by acquisition-related integration costs, while base business expenses were managed tightly [8] Future Outlook - Management expressed confidence in achieving strong fiscal 2025 performance, citing benefits from acquisitions and improved operational execution [10] - The company is positioned as a more resilient and diversified energy provider capable of adapting to varied weather conditions [10] Other Developments - Star Group completed four acquisitions in fiscal 2025, with a focus on propane, which significantly contributed to quarterly results [11] - AI technology has been introduced into customer service interfaces to enhance responsiveness while maintaining a personal touch [11]
New Frontiers: Princess Cruises Unveils 2027 Alaska Season With Return of Star Princess
Prnewswire· 2025-08-11 14:07
Core Insights - Princess Cruises announced its most expansive Alaska cruise and cruisetour season for 2027, featuring nearly 60 years of expertise in the region [1][10] - The season will include a fleet of eight ships and stays at five signature wilderness lodges, emphasizing immersive travel experiences [1][10] - The 2027 Alaska season opens for sale on August 12, 2025 [1] Cruise Highlights - The season will feature 187 departures across 17 unique itineraries from five homeports: Seattle, Vancouver (B.C.), Anchorage (Whittier), San Francisco, and Los Angeles [2] - Star Princess, a next-generation Sphere Class ship, will return for her second season in Alaska, offering 7-day Inside Passage cruises roundtrip from Seattle [2][3] - The cruise will include four glacier-viewing experiences: Glacier Bay National Park, Hubbard Glacier, College Fjord, and Endicott Arm & Dawes Glacier [5] Unique Experiences - Princess Cruises aims to bring guests closer to the local culture, wildlife, and glaciers, enhancing the overall travel experience [3] - The company offers 28 cruisetour itineraries that combine cruises with land adventures, including access to Denali National Park [7][10] - Exclusive booking offers include up to 40% off and free sailing for the 3rd and 4th guests on select sailings [10] Fleet and Itineraries - The fleet includes Star Princess, Coral Princess, Crown Princess, Discovery Princess, Emerald Princess, Island Princess, Royal Princess, and Ruby Princess [5][9] - The company will provide scenic and charming port calls, including Ketchikan, Juneau, Skagway, Haines, Sitka, Icy Strait Point, and Victoria, B.C. [5] - Extended adventures will be available with 9- and 10-day Inside Passage voyages [6] Company Background - Princess Cruises is recognized as the top cruise line in Alaska, having won the "Best Cruise Line in Alaska" award 21 times [10] - The company is part of Carnival Corporation & plc and is known for delivering dream vacations in sought-after destinations [8]
REMAX Teams Up With NFL Star Rookie Matthew Golden To Find Dream Home for His Grandmother
Prnewswire· 2025-08-11 12:27
Core Insights - REMAX collaborates with NFL rookie Matthew Golden to help him purchase a home for his grandmother, fulfilling a personal promise made after his draft selection [1][2] - The homebuying journey is documented through a series of videos and social media posts, showcasing the challenges and milestones faced during the process [5][6] Company Overview - REMAX is a leading global real estate franchisor with over 145,000 agents in nearly 9,000 offices across more than 110 countries and territories, recognized for selling the most real estate globally [8] - The company has a strong community focus, having donated over $218 million to Children's Miracle Network Hospitals since 1992, with all donations benefiting local hospitals [4] Partnership Details - Matthew Golden worked closely with Nimesh Patel, Broker/Owner of REMAX Fine Properties, to navigate the home search and purchase process, ultimately finding a suitable home in Kohrville, Texas [2][3] - The selected home is located near Golden's childhood neighborhood, emphasizing the personal significance of the purchase [3][4] Marketing and Outreach - REMAX is leveraging social media platforms to share the homebuying experience, aiming to connect with audiences by highlighting relatable challenges in the current real estate market [6] - The initiative is branded as "Get Golden Home," celebrating the journey of homeownership and the emotional aspects tied to it [6]
Star Equity Holdings, Inc. Declares a Partial Cash Dividend of $0.225 Per Share of 10% Series A Cumulative Perpetual Preferred Stock
GlobeNewswire News Room· 2025-08-08 21:15
Core Points - Star Equity Holdings, Inc. declared a partial cash dividend of $0.225 per share for its 10% Series A Cumulative Perpetual Preferred Stock, with a record date of August 21, 2025, and a payment date of September 10, 2025 [1] - A merger agreement has been established between Hudson Global, Inc. and Star Equity Holdings, where Star stockholders will receive 0.23 shares of Hudson common stock for each share of Star common stock and one share of Hudson 10.0% Series A Cumulative Perpetual Preferred Stock for each share of Star Preferred Stock [2] - The dividend will cover the period through August 21, 2025, with expectations for future dividends either from the company or from Hudson Preferred Stock post-merger [3] Company Overview - Star Equity Holdings, Inc. operates as a diversified holding company with three business divisions: Building Solutions, Energy Services, and Investments [4] Business Divisions - The Building Solutions division includes modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber manufacturing [5] - The Energy Services division focuses on the rental, sale, and repair of downhole tools for various industries including oil and gas, geothermal, mining, and water-well [6] - The Investments division manages and finances the company's real estate assets and investment positions in both private and public companies [7]
Liberty Star highlights increased federal interest in Hay Mountain project
Proactiveinvestors NA· 2025-08-07 19:49
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 has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]
Liberty Star's Hay Mountain Project Shines Spotlight on Arizona Critical Minerals; DC Advocacy Accelerates Government Awareness
GlobeNewswire News Room· 2025-08-07 19:10
Core Insights - Liberty Star Minerals is emphasizing the significance of its Hay Mountain Project in Arizona as a key asset for the U.S. critical mineral strategy [1] - The company is advocating for federal support to expedite the development of mining projects in Arizona, highlighting the importance of mineral security for national security [2][3][4] Congressional Support - Representative Paul Gosar sent a letter to various Cabinet Secretaries urging them to prioritize Arizona's mining projects, specifically mentioning the Hay Mountain property [2] - The letter stresses that mineral and mining security is integral to national security and calls for expedited permitting processes [2] Call to Action - Liberty Star is encouraging federal agencies and stakeholders to engage in the exploration and development phases of the Hay Mountain Project [3] - The company believes that Arizona's mineral resources can significantly contribute to American industries if supported by regulatory frameworks [3] Leadership Advocacy - Chairman Pete O'Heeron's meetings in Washington, D.C. aimed to raise awareness about domestic mineral opportunities and the need for federal support [4] - O'Heeron highlighted the critical juncture for the U.S. in securing essential minerals for economic and national security [4] Hay Mountain Project Overview - The Hay Mountain Project is located in the Tombstone Mining District and is seen as a promising source of copper, gold, molybdenum, and other critical minerals [5] - Initial drilling results have shown elevated values of copper, lead, and zinc, indicating the potential for large-scale mineral development [5] - The project is positioned as a vital resource as the U.S. seeks to reduce reliance on foreign supply chains and transition to clean energy [5] Company Background - Liberty Star Minerals focuses on discovering and developing mineral properties in the Southwest U.S., with the Hay Mountain Project being central to its strategy [6]
J-Star Holding Announces Closing of Underwriters' Over-Allotment Option in Connection with Initial Public Offering
GlobeNewswire News Room· 2025-08-07 18:30
Core Viewpoint - J-Star Holding Co., Ltd. successfully completed the sale of an additional 187,500 ordinary shares at the IPO price of $4.00 per share, raising a total of $5,750,000 in gross proceeds from the Offering [1]. Group 1: Offering Details - The Offering included the full exercise of the underwriters' over-allotment option and was part of the Company's initial public offering [1]. - The total gross proceeds from the IPO were previously announced as $5,000,000, prior to deducting underwriting discounts and commissions [1]. - Maxim Group LLC acted as the sole Book-Running manager for the Offering [2]. Group 2: Company Background - J-Star is a leading provider of carbon fiber and composite solutions, with applications in personal sports equipment, healthcare products, automobile parts, and more [1]. - The Company has over 50 years of experience in the material composites industry and operates through subsidiaries in Taiwan, Hong Kong, and Samoa [5]. - J-Star specializes in developing and commercializing technology related to carbon reinforcement and resin systems, producing lightweight, high-performance carbon composite products [5].