Westhaven Closes CDN$3 Million Private Placement with Dundee Corporation
Globenewswire· 2026-01-03 02:07
Core Viewpoint - Westhaven Gold Corp. has successfully closed a private placement with Dundee Corporation, raising CDN$3 million through the issuance of 12 million common shares at CDN$0.25 per share [1][2]. Group 1: Financing Details - The financing will allocate up to CDN$2 million for exploration activities, primarily for drilling, with CDN$500,000 designated for property maintenance and the remainder for general working capital [2]. - The common shares issued are subject to resale restrictions in accordance with Canadian securities legislation and TSX Venture Exchange policies [2]. Group 2: Company Overview - Westhaven Gold Corp. is focused on gold exploration and development, targeting high-grade epithermal gold mineralization in the Spences Bridge Gold Belt, British Columbia, controlling approximately 61,512 hectares across four properties [3]. Group 3: Project Highlights - The Shovelnose Gold project is the most advanced, featuring a 2025 Preliminary Economic Assessment that indicates an 11-year underground mining opportunity with an average annual production of 56,000 ounces of gold and 313,000 ounces of silver [4]. - The project has an after-tax net present value of CDN$454 million at a 6% discount rate and an internal rate of return (IRR) of 43.2%, based on base case parameters of US$2,400 per ounce of gold and US$28 per ounce of silver [4].
Planet 13 Announces Grant of RSU
Globenewswire· 2026-01-02 23:28
Core Viewpoint - Planet 13 Holdings Inc. has granted 9,500,000 Restricted Stock Units (RSUs) to its officers, directors, and employees as part of its 2023 Equity Compensation Plan, which aims to enhance employee retention and align interests with shareholders [2]. Company Overview - Planet 13 is a vertically integrated cannabis company with operations in Nevada, Illinois, and Florida, known for its award-winning cultivation, production, and dispensary operations [3]. - The company operates the largest dispensary in the U.S., located in Las Vegas, and has recently opened its first consumption lounge, DAZED!, along with its first dispensary in Illinois [3]. - Planet 13's mission is to establish a globally recognized brand known for high-quality dispensary operations and innovative cannabis products [3]. - While cannabis activities are legal in the states where Planet 13 operates, they remain illegal under U.S. federal law [3]. Equity Compensation Plan - The 2023 Equity Compensation Plan, approved by shareholders, includes the awarding of RSUs that will vest in three equal tranches: upon grant, on May 16, 2026, and on May 16, 2027 [2].
Brookfield Renewable Announces Intention to Redeem Its Series 7 Preferred Units
Globenewswire· 2026-01-02 22:59
Group 1 - Brookfield Renewable Partners L.P. plans to redeem all outstanding Class A Preferred Limited Partnership Units, Series 7, for cash on January 31, 2026, at a redemption price of C$25.00 per unit, totaling C$175 million funded from available liquidity [1] - Holders of Series 7 Preferred Units of record as of January 15, 2026, will receive a final quarterly distribution of C$0.34375 per unit [1] Group 2 - Brookfield Renewable operates one of the largest publicly traded platforms for renewable power, with a diverse portfolio including hydroelectric, wind, solar, and storage facilities [2] - The company also invests in sustainable solutions such as nuclear services, carbon capture, agricultural renewable natural gas, materials recycling, and eFuels manufacturing [2] - Brookfield Renewable is the flagship listed renewable power and transition company of Brookfield Asset Management, which manages over $1 trillion in assets [4]
Fidelity Bank Welcomes James Clemente, CPA, MT and Rocco A. DelVecchio to Board of Directors
Globenewswire· 2026-01-02 22:49
Core Insights - Fidelity Bank has appointed James Clemente and Rocco DelVecchio to its Board of Directors, enhancing its leadership team with experienced professionals in accounting and financial services [1][2]. Group 1: Appointments - James Clemente has been elected as a director of Fidelity D & D Bancorp, Inc. until the 2028 annual meeting of shareholders, while Rocco DelVecchio will serve until the 2026 annual meeting [2]. - Clemente brings over 45 years of experience in accounting and consulting, specializing in taxation and business acquisitions, and has previously served as a director for another local community bank [3]. - DelVecchio has extensive leadership experience in financial services, having held senior roles at another bank and most recently served as a consultant for Fidelity Bank [4]. Group 2: Leadership Statements - Brian J. Cali, Chairman of the Board, emphasized Clemente's expertise in accounting and community involvement as vital for guiding Fidelity Bank's strategic direction [5]. - Cali also highlighted DelVecchio's leadership and banking experience as significant assets for the Board, reflecting the values of Fidelity Bank [5]. - Daniel J. Santaniello, President & CEO, expressed confidence that the new directors' expertise will contribute to building long-term value for clients and communities [5]. Group 3: Company Overview - Fidelity Bank operates 21 full-service offices across several counties and offers a digital banking experience [6]. - The bank has a commitment to community service, having provided over 5,960 hours of volunteer time and over $1.5 million in donations to non-profit organizations in 2024 [6].
Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios as of December 31, 2025
Globenewswire· 2026-01-02 22:45
HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of December 31, 2025. As of December 31, 2025, the Company’s net assets were $2.3 billion, and its net asset value per share was $13.57. As of December 31, 2025, the Company’s asset coverage ratio unde ...
Traction Uranium Announces Private Placement of C$500,000 of Unsecured Convertible Debentures
Globenewswire· 2026-01-02 22:30
Core Viewpoint - Traction Uranium Corp. plans to complete a non-brokered private placement of unsecured convertible debentures totaling C$500,000 to support its operations and general working capital [1][4]. Group 1: Offering Details - The convertible debentures will be issued in principal amounts of C$1,000, maturing 12 months from issuance, with an interest rate of 10% per annum, payable at maturity [2]. - Holders of the convertible debentures can convert them into units of the company at the most recent closing price of the common shares prior to conversion, with each unit consisting of one common share and one warrant [3]. - Each warrant allows the holder to purchase one common share at an exercise price of 110% of the market price for a period of 24 months from issuance [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general and administrative expenditures and general working capital purposes [4]. Group 3: Regulatory and Closing Information - The offering is expected to close around January 16, 2026, subject to necessary regulatory approvals, including from the Canadian Securities Exchange [4]. - All securities issued will be subject to a statutory hold period of four months and one day [4]. Group 4: Company Overview - Traction Uranium Corp. is engaged in mineral exploration and development, focusing on uranium projects in Canada, particularly in the Athabasca Region [6].
Riot Platforms Announces Chief Financial Officer Transition
Globenewswire· 2026-01-02 22:20
Core Viewpoint - Riot Platforms, Inc. has appointed Jason Chung as the new Chief Financial Officer, effective March 1, 2026, succeeding Colin Yee, who will transition to a Senior Advisor role to ensure continuity [1][2]. Group 1: Leadership Transition - Jason Chung, currently the EVP, Head of Corporate Development & Strategy, will take over as CFO, bringing two decades of experience in investment banking and corporate finance [3]. - Colin Yee will continue in his role until March 1, 2026, after which he will support the company in a Senior Advisor capacity [2][4]. Group 2: Strategic Alignment - Chung's appointment is aimed at aligning Riot's financial framework with its long-term strategic objectives, as he will lead the finance organization while overseeing Corporate Development and Investor Relations [3][5]. - The consolidation of finance and strategy functions under Chung is expected to enhance Riot's ability to execute its ambitious growth plans [5]. Group 3: Company Overview - Riot Platforms, Inc. is a leader in the Bitcoin-driven industry, focusing on large-scale data centers and bitcoin mining applications [7]. - The company operates mining facilities in central Texas and Kentucky and is expanding into data center development to support high-density computing demands [7].
Petrus Resources Declares Monthly Dividend for January 2026
Globenewswire· 2026-01-02 22:05
Core Viewpoint - Petrus Resources Ltd. has declared a monthly dividend of $0.01 per share, payable on January 30, 2026, to shareholders of record on January 15, 2026, designated as an eligible dividend for Canadian income tax purposes [1] Dividend Reinvestment Plan (DRIP) - The DRIP allows eligible shareholders to reinvest all or part of their cash dividends into additional common shares at a 3% discount from the market price [2] - Registered shareholders must submit a completed enrollment form to Odyssey Trust Company before 4:00 p.m. on the 5th business day preceding the dividend record date to participate in the DRIP [3] - Beneficial shareholders should contact their broker to determine eligibility and provide enrollment instructions, with potential restrictions for non-resident shareholders [3] Company Overview - Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions, and risk-managed exploration in Alberta [5]
Refined Energy Corp. Announces Continuation of Marketing Program
Globenewswire· 2026-01-02 22:01
Core Viewpoint - Refined Energy Corp. has engaged Rumble Strip Media Inc. for online marketing services for a period of six weeks starting January 5, 2026, with the possibility of extension or shortening based on management's discretion [1][2]. Group 1: Marketing Engagement - Rumble Strip will create content, advertisements, and handle media planning, social media dissemination, and reporting, primarily focusing on Google [2]. - The total fee for the marketing services is C$200,000 (plus applicable taxes), and no securities will be issued to Rumble Strip as compensation [3]. Group 2: Company Overview - Refined Energy Corp. is a junior mining company focused on identifying, evaluating, and acquiring mineral properties in North America, with its flagship project being the Dufferin Project in the Athabasca Basin [4]. - A drill program is planned for 2026, and the company has an option to earn up to a 100% interest in the Basin and Milner uranium properties in Saskatchewan [4].
Intelligent Bio Solutions Announces Closing of $10.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2026-01-02 22:00
Core Viewpoint - Intelligent Bio Solutions Inc. has successfully closed a private placement with institutional investors, raising approximately $10 million to support its operations and product development [1][2]. Group 1: Private Placement Details - The private placement involved the issuance of 2,298,850 shares of common stock and associated Series K-1 and K-2 warrants, priced at $4.35 per share [1]. - The Series K-1 and K-2 warrants have an exercise price of $4.10 per share and are exercisable immediately upon issuance, with a term of five years [1]. - The expected gross proceeds from this placement are approximately $10 million, before deducting fees and expenses [1]. Group 2: Use of Proceeds - The company intends to utilize the proceeds for working capital and general corporate purposes, including funding its 510(k) submission with the FDA for its Intelligent Fingerprinting Drug Screening System [2]. - The funds will also support the company's efforts to expand into international markets [2]. Group 3: Company Overview - Intelligent Bio Solutions Inc. specializes in non-invasive testing solutions, particularly through its Intelligent Fingerprinting Drug Screening System, which analyzes fingerprint sweat [5]. - The system is designed to be hygienic and cost-effective, screening for drugs commonly found in workplace settings, including opiates, cocaine, methamphetamine, and cannabis [5]. - The company targets various customer segments outside the U.S., including construction, manufacturing, transport, and drug treatment organizations [5].