The Income Compounder Portfolio utilizes the notion that compounding investment income by reinvesting and growing the share count of dividend-paying securities can help to generate a growing income stream over time, regardless of market dynamics.In investing, they often say, the trend is your friend. However, if you have invested in funds that invest in the equity tranches of CLOs (collateralized loan obligations) in 2025, the trend has not been friendly at all. For investors who bought sharesNow retired, I ...

Core Viewpoint - South Pacific Metals Corp. has successfully closed a private placement offering, raising gross proceeds of C$9,199,494 to fund exploration activities and general corporate purposes [1][3]. Group 1: Offering Details - The offering consisted of 17,036,100 units priced at C$0.54 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.90 for a period of 24 months following the offering's closing [2]. - The offering included a full exercise of a 15% option, resulting in an additional issuance of 2,222,100 units [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to expand exploration activities and for general corporate purposes [3]. Group 3: Related Party Transactions - The offering involved the issuance of 378,000 units to related parties, amounting to a subscription of C$204,120, which is exempt from formal valuation and minority shareholder approval requirements [4]. Group 4: Agent and Commission - BMO Capital Markets acted as the lead agent and sole bookrunner, with a cash commission of C$491,969.65 paid in connection with the offering [5]. Group 5: Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four key projects [7]. - The company's projects are strategically located near major producers, indicating potential for significant mineralization [8].

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Core Points - South Pacific Metals Corp has entered into an agreement to raise up to C$8 million through a private placement of units, each consisting of one common share and one-half of a common share purchase warrant at an indicative price of C$0.54 per unit [1][2] - Each warrant allows the holder to acquire one common share at C$0.90 for 24 months following the closing date [2] - The net proceeds from the offering will be used to expand exploration activities and for general corporate purposes [3] Regulatory and Offering Details - The units are being offered to purchasers in all provinces of Canada, except Quebec, under the "listed issuer financing exemption" from the prospectus requirement [4] - The offering is expected to close on or about December 8, 2025, subject to regulatory approvals [5] Company Overview - South Pacific Metals Corp is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four key projects [7] - The company's projects are strategically located near major producers, with potential for significant mineralization [8] - Common shares of South Pacific Metals are listed on the TSX Venture Exchange and Frankfurt Stock Exchange [9]

分组1 - Sound Point Meridian Capital, Inc. reported quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.56 per share, and down from $0.86 per share a year ago, representing an earnings surprise of -3.57% [1] - The company posted revenues of $20.23 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 0.31%, and down from $25.12 million year-over-year [2] - The stock has underperformed the market, losing about 20.2% since the beginning of the year compared to the S&P 500's gain of 16.5% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $0.58 on revenues of $21.54 million, and for the current fiscal year, it is $2.26 on revenues of $83.22 million [7] - The Zacks Industry Rank for Financial - Investment Management is currently in the top 21% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The estimate revisions trend for Sound Point Meridian Capital, Inc. was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6]

Core Insights - South Pacific Metals Corp. has reported high-grade copper assay results from the Ontenu NE prospect, with values reaching up to 21.2% copper, indicating significant mineralization potential in the area [1][4][6]. Summary by Sections Company Overview - South Pacific Metals Corp. operates in Papua New Guinea's gold and copper production corridors, with a focus on exploration and discovery across its projects, including the Osena Project [21][23]. Recent Developments - The company has received multi-element rock chip assay results from the Ontenu NE prospect, which is part of the Osena Project located within the Kainantu Transfer Zone [1][4]. - The latest assays complement previously released high-grade gold results, showcasing a strong association of gold and base metals in the mineralized structures [3][4]. Assay Results - Significant assay results include: - 21.2% Cu, 214 g/t Ag, and 0.41 g/t Au from a 0.25m massive sulphide sample [6]. - 18.1% Cu, 310 g/t Ag, and 0.32 g/t Au from a 0.7m splay structure [6]. - 12.4% Cu, 131 g/t Ag, and 1.21 g/t Au from a 0.2-0.5m splay structure [6]. - Additional results from a separate zone at Ontenu NE include 1.2% Cu, 258 g/t Ag, and 8.65% Zn in a narrow quartz vein [6]. Geological Context - The Ontenu NE prospect features a 2 sq km area with multiple mineralized structures, characterized by a 19m wide zone of structures at the Onki Fault area [12][15]. - The geological setting is indicative of intermediate sulfidation epithermal deposits, similar to those mined by K92 Mining [4][14]. Future Plans - The company has commenced drilling in the southern part of Ontenu NE, aiming to test the high-potential structures identified through recent mapping and sampling [4][19].

Core Points - Sound Point Meridian Capital, Inc. has declared a monthly distribution of $0.25 per share for the fourth fiscal quarter of 2026 [1] Company Summary - The company is a closed-end management investment company registered under the Investment Company Act of 1940 [1]

Core Viewpoint - South Pacific Metals Corp. has initiated its first drilling program at the Ontenu Northeast prospect within the Osena project area in Papua New Guinea, aiming to explore potential high-grade epithermal Au-Cu veins [1][4]. Drilling Program Details - The drilling will assess whether the northwest trending mineralised structures are surface expressions of deeper epithermal Au-Cu veins, similar to those mined by K92 Mining Ltd. at their Kora and Judd deposits [2]. - The program targets recently discovered mineralised structures with surface samples showing up to 3.95 g/t Au, 645 g/t Ag, and 1.56% Cu across a 6 m wide outcrop [2]. - Additional structures with rock chip samples up to 13.9 g/t Au and 388 g/t Ag will also be tested [3]. - The company plans to drill four to six holes, totaling approximately 1500 meters, by the end of the 2025 field season [3]. Company Insights - The CEO of South Pacific Metals Corp. highlighted that this drill program is a significant milestone, as Ontenu Northeast has not been drilled before [4]. - The first drill hole is expected to intersect several mineralised structures at depths ranging from 100m to 250m, with further testing planned for other mineralised structures [4].

Core Insights - South Pacific Metals Corp. has announced the discovery of new gold-copper mineralized zones at Golkona South, part of the Anga Project in Papua New Guinea, which is adjacent to K92 Mining's tenements in a highly prospective gold-copper district [1][4]. Summary by Sections Highlights - A 2.2 × 1.1 km gold in soil anomaly has been identified, with peak values reaching 1080 ppb Au, marking the highest soil gold values reported on the Anga project to date [5]. - Two zones of high copper (over 1000 ppm Cu) and silver (over 250 ppb Ag) have been detected, with peak results of 3,397 ppm Cu and 2,160 ppb Ag [5]. - Panned concentrate samples from streams in Golkona South show up to 282 ppm Au, indicating a local source [5]. - The anomalous area aligns with mobile MT conductivity features, correlating with known deposits in the Kainantu region [5]. Next Steps - The company plans to continue geochemical sampling at Golkona South and the adjacent Golkona prospect, along with geological reconnaissance and mapping to better understand the mineralization [5]. - This information will assist in defining initial drill targets for further exploration [5]. Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company with a land package of 3,100 km² and four projects in Papua New Guinea, including Anga, Osena, Kili Teke, and May River [13][14]. - The company is strategically located within the high-grade Kainantu Gold District, with potential for similar mineralization as that found in K92 Mining's tenements [14].

Core Insights - South Pacific Metals Corp. has announced the discovery of additional mineralized structures at the Ontenu NE prospect within its Osena Project, with assay results showing high grades of gold and silver [1][4]. Summary by Sections Discovery and Assay Results - New mineralized structures have been identified, including assays of 13.9g/t Au and 388g/t Ag, along with other notable results such as 3.68g/t Au and 302g/t Ag [4]. - The newly discovered structures are located south of a previously reported zone, expanding the mineralized area [4]. - A total of 11 other samples returned assays between 0.1-1g/t Au, with silver values up to 184g/t and copper at 0.26% [4]. Geological Context - The Ontenu NE prospect is situated within the Kainantu Transfer Zone, which is known for hosting significant gold-copper deposits, including the Kainantu Gold-Copper mine operated by K92 Mining Ltd. [1][9]. - The project area has multiple epithermal Au-Cu targets, with at least six identified mineralized structures mapped over several hundred meters [4]. Future Plans - Ongoing mapping and sampling efforts are in place, with further assays pending [4]. - The company is in the process of planning drilling to test these new targets, with expectations to commence drilling in the coming month [5]. Project Overview - The Osena Project covers an area of 738 km² and is strategically located adjacent to K92's tenements, which host the Kainantu Gold Mine [9]. - The Ontenu Prospect is part of a larger mineralized corridor extending over 40 km in the Kainantu District, indicating significant exploration potential [9][13].