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Arctic Star to Defend Notice of Action
Thenewswire· 2025-04-29 13:30
Core Viewpoint - Arctic Star Exploration Corp. is facing a litigation claim filed by Robert and Sandy Shindleman, seeking damages of $600,000 plus punitive damages and costs related to a private placement conducted in 2015 [1][2][3] Group 1: Litigation Details - The litigation claim alleges that the 2015 private placement did not qualify as an eligible flow-through offering under the Income Tax Act (Canada) [2] - The company intends to vigorously defend itself against these allegations and denies any liability as claimed [3] Group 2: Company Overview - Arctic Star is primarily a diamond exploration company, having recently discovered five new kimberlites in the Lac De Gras kimberlite field, which supports two multi-billion dollar kimberlite mining complexes [4] - The company holds a 958 Ha exploration permit for its Timantti project in Kuusamo, Finland, which contains several diamond-bearing kimberlites [4]
Star Royalties Provides Updates on Green Star Royalties and Corporate Strategy
Thenewswire· 2025-04-28 11:00
Core Insights - Star Royalties Ltd. has provided an update on Green Star Royalties Ltd.'s royalty portfolio and corporate strategy, highlighting the challenges faced in the carbon markets and the decision to terminate future capital commitments to the CarbonNOW program [1][3][4]. Carbon Markets Update - North American carbon markets are experiencing significant headwinds, leading to reduced carbon credit pricing and demand due to factors such as the U.S. withdrawal from the Paris Agreement and economic uncertainties [2]. - A key carbon credit offtaker has announced solvency issues, further impacting market conditions [2]. Green Star's Strategic Decisions - Green Star's management has reassessed the economic feasibility of its assets, resulting in the termination of commitments to the CarbonNOW program due to elevated risks and a deteriorating return profile [3][6]. - The decision was unanimously supported by joint-venture partners, with a focus on reallocating capital to high-quality, cash-flowing royalties in decarbonization projects [4][6]. Portfolio Updates - Green Star has acquired gross revenue royalties from NativState LLC on Improved Forest Management projects, actively engaging with brokers to monetize carbon offsets [8][10]. - The company is exploring various monetization strategies, including long-term offtakes and direct sales [10]. Project Highlights - Project ACR 912 and Project ACR 913 involve sustainably managed forestland in Arkansas, with expected carbon offset issuances by the end of 2025 [12][13]. - The Elizabeth Metis Settlement Forest Carbon Project is set to complete baseline inventory measurement by late 2025, with carbon credit issuance anticipated by 2027 [18]. - The Lac Seul First Nation Forest Carbon Project currently lacks a viable path for carbon credit generation, with future updates pending [19]. Corporate Strategy - Star Royalties aims for an 80% focus on precious metals and 20% on green initiatives, including carbon credits and cleantech [20]. - Green Star, 46% owned by Star Royalties, was established to provide exposure to carbon markets and ESG themes, with a focus on cash-flowing opportunities [21][22]. - The company remains optimistic about future value creation despite current market challenges, believing in the royalty model's fit for carbon markets [22][23]. Mining Portfolio Outlook - The mining royalty portfolio outlook has improved, with rising gold prices exceeding US$3,300/oz, and the Copperstone Gold Project expected to generate significant cash flows upon resuming production in mid-2026 [23][24]. - The company anticipates several de-risking events and milestones across its mining assets, aiming to close the valuation gap with its market capitalization [27].
Kite Realty: Undervalued Sunbelt Star With Double-Digit Lease Spreads
Seeking Alpha· 2025-04-22 17:31
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.There is beauty in simplicity, especially when it comes to businesses that are 100% U.S. domestically focused real estate that is less vulnerable to all the ...
CEO.CA's Inside the Boardroom: Yukon Metals CEO Breaks Down Upcoming Drilling Plans for Star River Gold-Silver and AZ Copper Targets
Newsfile· 2025-04-22 15:27
CEO.CA's Inside the Boardroom: Yukon Metals CEO Breaks Down Upcoming Drilling Plans for Star River Gold-Silver and AZ Copper TargetsApril 22, 2025 11:27 AM EDT | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - April 22, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free f ...
Liberty Star talks strategic metals and supply - ICYMI
Proactiveinvestors NA· 2025-04-18 13:17
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Arctic Star Announces CFO Resigns and Appointment of Interim CFO
Thenewswire· 2025-04-17 22:50
Company Changes - Arctic Star Exploration Corp. announced the resignation of Binny Jassal as Chief Financial Officer (CFO) [1] - James Ferreira will serve as interim CFO while the company searches for a permanent replacement [1] - The company expressed gratitude to Mr. Jassal for his contributions and wished him well in his future endeavors [1] Company Overview - Arctic Star is primarily focused on diamond exploration, having recently discovered 5 new kimberlites in the Lac De Gras kimberlite field, which supports two multi-billion dollar kimberlite mining complexes [2] - The company holds a 958 Ha exploration permit that includes several diamond-bearing kimberlites in its Timantti project located in Kuusamo, Finland [2] - Arctic Star continues to seek additional diamond exploration opportunities in other regions [2]
Star Group, L.P. Increases Annual Distribution by 5 Cents, to 74 Cents per Unit
Globenewswire· 2025-04-17 15:53
Company Overview - Star Group, L.P. is a full-service provider specializing in home heating products and services for residential and commercial customers, including heating and air conditioning equipment [2] - The company is recognized as the nation's largest retail distributor of home heating oil based on sales volume, serving customers primarily in the Northeast and Mid-Atlantic U.S. regions [2] Financial Performance - Star Group announced an increase in its quarterly distribution to $0.1850 per common unit for the three months ended March 31, 2025, up from $0.1725 per common unit, marking an annual increase of $0.05 to $0.74 [1] - This increase represents the 13th consecutive year of annual dividend increases for the company [1] Future Outlook - The company has provided forward-looking statements regarding expectations and beliefs about future events, which involve various risks and uncertainties [3] - Factors influencing future performance include geopolitical events, inflation, customer consumption patterns, and regulatory impacts [3]
Liberty All-Star® Growth Fund, Inc. March 2025 Monthly Update
Prnewswire· 2025-04-15 15:06
BOSTON, April 15, 2025 /PRNewswire/ -- Below is the March 2025 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG).Liberty All-Star Growth Fund, Inc.Ticker: ASGMonthly Update, March 2025Investment Approach:Fund Style: All-Cap GrowthFund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.Investment Managers: Weatherbie Capital, LLCSmall-Cap Grow ...
Stargaze Welcomes Celebrity Chef and Food Network Star Jeff Mauro to Advisory Board
GlobeNewswire News Room· 2025-04-15 13:00
LOS ANGELES, April 15, 2025 (GLOBE NEWSWIRE) -- Stargaze Entertainment Group Inc. (“Stargaze” or the “Company”) (OTC PK: STGZ), a content creation and social platform designed to redefine talent discovery, has appointed celebrity chef, entrepreneur, and Food Network mainstay Jeff Mauro to its Advisory Board. Mauro, known for his Emmy-nominated work on “Sandwich King” and long-running role as co-host of “The Kitchen,” brings a fresh perspective to the Stargaze platform as it continues expanding its creator e ...
Liberty All-Star® Equity Fund March 2025 Monthly Update
Prnewswire· 2025-04-15 12:42
Investment Approach - The Liberty All-Star Equity Fund employs a large-cap core investment style, combining three value-style and two growth-style investment managers, focusing on consistent investment philosophy and above-average long-term results compared to similar managers [1]. Investment Managers - The fund utilizes five investment management firms: Aristotle Capital Management, LLC; Fiduciary Management, Inc.; Pzena Investment Management, LLC; Sustainable Growth Advisers, LP; and TCW Investment Management Company [4]. Top Holdings - The top 20 holdings represent 36.1% of the equity portfolio, with Microsoft Corp. at 4.0%, NVIDIA Corp. at 3.3%, and Alphabet, Inc. at 2.8%, among others [2]. Monthly Performance - The net asset value (NAV) at the beginning of March was $6.99, decreasing to $6.64 by the end of the month, reflecting a performance decline of -5.01% [3]. - The market price also fell from $6.93 to $6.55, resulting in a -5.48% performance for the month [3]. Year-to-Date Performance - Year-to-date performance shows a decline of -2.13% for NAV and -3.46% for market price [5]. Net Assets - As of the end of March 2025, total net assets were $1,940.0 million, with $1,895.2 million invested in equities, indicating a 97.7% investment rate [5]. Sector Breakdown - The equity portfolio is diversified across various sectors, with Information Technology at 22.3%, Financials at 20.0%, and Health Care at 16.9%, among others [5]. Holdings Changes - No new holdings were added during the month, but Honeywell International, Inc., MSCI, Inc., and TJX Cos., Inc. were liquidated [6].