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South Star Announces Closing of Final Tranche of Private Placement and Announces AGSM Results
Globenewswire· 2025-11-22 01:00
Core Viewpoint - South Star Battery Metals Corp. has successfully closed the third and final tranche of its non-brokered private placement, raising a total of C$6,672,000 (approximately US$4,800,000) through the Unit Offering, which will be used for exploration, development, and working capital [2][5]. AGSM Highlights - Shareholders approved all matters at the Annual General and Special Meeting (AGSM), including the closing of the third tranche of the Unit Offering [2][8]. - The third tranche involved the issuance of 22,744,253 units at a price of C$0.15 per unit, generating gross proceeds of C$3,411,638 (approximately US$2,454,416) [2][5]. Unit Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at C$0.20 for five years [3]. - The total gross proceeds from all tranches of the Unit Offering will be allocated to exploration and development activities, general and administrative expenses, and working capital [4]. Insider Participation - Mr. Tiago Cunha, the Interim CEO, purchased an additional 12,342,087 units in the third tranche, bringing his total ownership to 25,455,552 shares, representing 23.92% of the company's outstanding shares [6]. Finder's Fees - The company paid aggregate finder's fees of C$258,995 (approximately US$186,328) in cash and issued 1,987,722 shares as a finder's fee [7]. Company Overview - South Star Battery Metals Corp. is focused on developing battery-metals projects in the Americas, with its Santa Cruz Graphite Project in Brazil being the first to enter production [10]. - The BamaStar Project in Alabama is also in development, with strong economic results indicated by a pre-tax NPV8% of US$2.4 billion and an IRR of 35% [11].
Refined Energy Corp. to Amend Expiry Date of Warrants
Globenewswire· 2025-11-21 23:25
Core Points - Refined Energy Corp. has announced an extension of the expiry date for 2,585,835 outstanding common share purchase warrants by one year, moving the expiry from November 29, 2025, to November 29, 2026 [1][2] - The warrants were originally issued on November 29, 2021, as part of a private placement at a price of $0.12 per unit, with each unit consisting of one common share and one warrant exercisable at $0.15 until the original expiration date [2] - The company aims to provide warrant holders with an extended opportunity to exercise their warrants and participate in the company's ownership, while also allowing the company to receive proceeds from any warrant exercises [3] Warrant Details - The warrants are currently exercisable at $0.60 per share due to two consolidations of the company's securities that occurred on June 30, 2022, and February 15, 2024 [3] - The amendment is considered a "related party transaction" as two insiders hold a total of 35,833 warrants, with the CEO holding 21,250 and the CFO holding 14,583 [4] - The company is relying on exemptions from formal valuation and minority approval requirements due to the fair market value of the transaction being less than 25% of the company's market capitalization [4] Company Overview - Refined Energy Corp. is a Canadian exploration company focused on uranium and critical energy metal projects in tier-one jurisdictions, with projects located in Saskatchewan's Athabasca Basin region [5]
Silver Tiger Announces Filing of Final Short Form Prospectus
Globenewswire· 2025-11-21 23:01
FINAL SHORT FORM PROSPECTUS ACCESSIBLE ON SEDAR+ NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. HALIFAX, Nova Scotia, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Silver Tiger Metals Inc. (TSXV:SLVR) (“Silver Tiger” or the “Company”) is pleased to announce that, further to its news release dated November ...
Volatus Aerospace Announces Filing of Final Short Form Prospectus in Connection With Bought Deal Public Offering
Globenewswire· 2025-11-21 23:00
Core Points - Volatus Aerospace Inc. has filed a final short form prospectus for a bought deal public offering, qualifying the distribution of 33,350,000 common voting shares at a price of $0.60 per share, aiming for gross proceeds of $20,010,000 [2][3] - The offering includes an over-allotment option for an additional 5,002,500 common voting shares [2] - The expected closing date for the offering is on or about November 26, 2025, pending necessary approvals [3] Company Overview - Volatus Aerospace Inc. specializes in providing innovative aerial solutions for intelligence, surveillance, and cargo, utilizing both piloted and remotely piloted aircraft [6] - The company offers a complete ecosystem of aerial services, including operations, equipment sales, training, and mission support, aimed at helping industries integrate aerial capabilities safely and efficiently [6]
Galantas Gold Announces C$13.5 Million Upsized Financing and Provides Update on Acquisition of RDL Mining Corp.
Globenewswire· 2025-11-21 22:45
Core Viewpoint - Galantas Gold Corporation has announced an increase in its private placement offering to raise up to C$13.5 million due to strong investor demand, with an additional over-allotment option of C$2.025 million available for the agents involved in the offering [1][3]. Offering Details - The offering consists of 168,750,000 units priced at C$0.08 each, with each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.12 for 36 months post-closing [2]. - The agents will receive a cash commission of 7.0% on the gross proceeds, with a reduced rate of 3.0% for certain purchasers on a designated list [3]. Use of Proceeds - Net proceeds from the offering will be allocated to exploration work on the Indiana Project, option payments related to the project, and general corporate and working capital purposes [5]. Transaction with RDL Mining - The company is progressing with the acquisition of RDL Mining Corp., where RDL shareholders will receive approximately 132 million common shares, representing 49.99% of the outstanding shares post-transaction [9][10]. - The total consideration for the transaction is valued at approximately C$10.6 million, with additional terms including a 0.66% net smelter returns royalty payable by Galantas [10][11]. Financial Overview of RDL Mining - As of September 30, 2025, RDL Mining reported total assets of C$189,425 and total liabilities of C$223,658, resulting in total equity of C$(34,233) [12]. - RDL incurred a net loss of C$(34,263) from its incorporation until September 30, 2025 [12]. Future Management Structure - Post-transaction, the board of directors of Galantas will expand to include members from RDL, enhancing the company's operational expertise [12]. Indiana Project Details - The Indiana Project involves an option agreement requiring total payments of US$15 million over five years, with specific payment milestones outlined [13]. - A copper stream agreement has been established, providing upfront payment and a fixed percentage of copper produced from the Indiana Project [13].
Lee Enterprises, Inc. Announces Resignation of Chief Financial Officer Tim Millage
Globenewswire· 2025-11-21 22:32
Core Insights - Lee Enterprises' Chief Financial Officer, Tim Millage, will leave the company to pursue a role as an Executive Pastor, effective February 28, 2026 [1][2] - Millage expressed confidence in the company's future and highlighted the success of the Three Pillar Digital Growth Strategy, which is enhancing revenue composition and digital margins [2] - The company is actively searching for a new CFO and Millage will provide consulting services until May 31, 2026 [2] Company Overview - Lee Enterprises is a significant subscription and advertising platform, providing local news and information through daily newspapers and nearly 350 weekly and specialty publications across 72 markets in 25 states [3] - The company is committed to delivering valuable local news and information to its communities, with key markets including St. Louis, MO; Buffalo, NY; Omaha, NE; and others [3] - Lee Common Stock is traded on NASDAQ under the symbol LEE [3]
Commercial National Financial Corporation Announces Quarterly Dividend
Globenewswire· 2025-11-21 22:30
Group 1 - Commercial National Financial Corporation declared a regular quarterly cash dividend of 14 cents per share, payable on January 2, 2026, to shareholders of record on December 12, 2025 [1] - The annualized dividend yield based on a recent closing price of $13.16 per share is 4.26% [1] Group 2 - Commercial National Financial Corporation is the holding company of Commercial Bank, a state-chartered community bank established in 1893, serving communities in five Michigan counties [2] - The bank has been dedicated to meeting the banking needs of the communities it serves for over 130 years [2]
Mixed Martial Arts Group Limited Publishes Annual Report and Form 20-F for Fiscal Year 2025
Globenewswire· 2025-11-21 22:20
Core Insights - Mixed Martial Arts Group Limited (MMA) is a technology-driven ecosystem in the global combat sports industry, having filed its annual report for fiscal year 2025 on October 31, 2025 [1] - The company boasts over 5 million social media followers, 530,000 user profiles, 77,000 active students, and 800 verified gyms across 16 countries, indicating significant engagement and reach within the martial arts community [2] Company Overview - MMA.INC connects martial arts fans, fighters, gyms, and coaches in a single on-chain ecosystem, focusing on real participation and achievement rather than just digital collectibles [3] - The company has a network of over 800 verified gyms and 75,000+ active students, facilitating connections between local gyms and global communities [7] Business Model - Participation in activities such as training and coaching earns Experience Points (XP), which can be redeemed for real rewards, promoting genuine engagement [7] - The rewards system is designed to prioritize merit based on effort and progress, fostering a community-driven economy [7] Platform Assets - MMA.INC encompasses various platform assets including BJJLink, TrainAlta, Hype, and MixedMartialArts.com, providing a comprehensive platform for training, community, content, and fandom [7][8]
Aventis Energy Closes Second Tranche of Flow-Through Private Placement Financing
Globenewswire· 2025-11-21 22:17
VANCOUVER, British Columbia, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Aventis Energy Inc. (“Aventis” or the “Company”) (CSE: AVE | FRA: C0O | OTC: VBAMF), is pleased to announce the second tranche closing of its non-brokered private placement, announced October 21, 2025, for an aggregate of 2,453,660 flow-through shares of the Company (each, a “FT Share”) at a price of C$0.41 per FT Share for aggregate gross proceeds in this second tranche of C$1,006,000.60 (the “Offering”). The Company intends to use the proceeds ...
Northview Residential REIT Announces November Distribution
Globenewswire· 2025-11-21 22:17
Core Insights - Northview Residential REIT announced a cash distribution of C$0.091146 per Unit for November 2025, which annualizes to C$1.09 per Unit, payable on December 15, 2025 [2] - The REIT completed over $100 million in non-core asset sales in 2025, leading to a significant taxable component for distributions in 2025 [3] Company Overview - Northview Residential REIT is a publicly traded real estate investment trust established under Ontario law, focusing on acquiring, owning, and operating income-producing rental properties in secondary markets across Canada [4]