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Mustang Energy Corp. Recaps Milestones and Strategic Progress in 2025
Globenewswire· 2026-02-06 22:35
Core Insights - Mustang Energy Corp. has made significant advancements in its exploration and financing activities throughout 2025, positioning itself as a key player in the uranium and critical minerals sector in Canada [1] Exploration Advancement and Field Programs - The company initiated its first diamond drilling campaign at the Surprise Creek Uranium-Copper Project, targeting high-priority geophysical and structural zones [2] - A field prospecting and reconnaissance program was completed at the Cluff Lake area properties to evaluate priority target areas and enhance geological understanding [3] - Ground-based exploration programs were conducted across the broader project portfolio, including geological mapping and geophysical surveys, refining drill targeting [4] - Key exploration permits were secured for the 914W Uranium Project, allowing for expanded exploration and drilling activities [5] Portfolio Expansion and Strategic Property Acquisitions - Mustang acquired the Surprise Creek Uranium-Copper Project and Cluff Lake area properties, enhancing its presence in the Athabasca Basin [6] - The company staked the Onyx Uranium Project and Bridal Veil Copper-Silver Project, broadening its exposure to prospective terrains [6] - Additional claims were staked at the 914W Uranium Project in collaboration with Skyharbour Resources Ltd., increasing the project's footprint [6][7] Strategic Financing and Capital Raised - Throughout 2025, Mustang raised approximately $3.58 million through non-brokered private placements to support exploration and corporate development [8] Investor Engagement and Market Presence - The company enhanced its market presence through proactive investor communications and participation in industry forums, increasing visibility of its exploration strategy [9] Outlook for 2026 - Mustang plans to advance its high-priority properties and exploration targets through expanded drilling programs and further geophysical surveys in 2026 [10] Consulting Agreements - The company entered into consulting agreements with three parties to provide corporate advisory services, issuing 4,000,000 restricted share units as consideration [11]
Key Mining Corp. and Compass Digital Acquisition Corp. Announce Filing of Registration Statement on Form S-4 with the SEC
Globenewswire· 2026-02-06 22:30
MIAMI, FL. & ZEPHYR COVE, NV., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Key Mining Corp., an exploration stage critical minerals and infrastructure company (“KMC”), and Compass Digital Acquisition Corp. (OTC: CDAQF), a special purpose acquisition company (“CDAQ”), announced today that Titan Holdings Corp., a newly formed Delaware corporation that is wholly-owned by CDAQ for the Business Combination (as defined below) (“Pubco”) filed a registration statement on Form S-4 (the “Registration Statement”) with the U.S. ...
Fitch Upgrades Iceland to ‘A+’; Outlook Stable; Withdraws Ratings
Globenewswire· 2026-02-06 22:22
Core Viewpoint - Fitch Ratings has upgraded Iceland's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'A+' from 'A', with a Stable Outlook, reflecting improved public finances and a commitment to fiscal prudence [1] Group 1: Fiscal Metrics and Debt Management - Improving fiscal metrics and fiscal space are key drivers for the rating upgrade, with a material narrowing of Iceland's general government deficit expected to continue through 2026-2027 [2] - The general government debt ratio is projected to decline gradually in 2026-2027, following significant debt reduction from the settlement of the Housing Financing Fund liabilities and the full privatization of Íslandsbanki [3] Group 2: Economic Strengths and Governance - Iceland's ratings are supported by a wealthy economy, high governance standards, strong institutions, and robust private-sector balance sheets, although the economy's small size poses vulnerabilities [4] - The sound banking sector and high World Bank Governance Indicators ranking reflect stable political transitions, strong institutional capacity, effective rule of law, and low corruption levels [5]
Lexicon Announces Closing of Approximately $94.6 Million Public Offering and Concurrent Private Placement
Globenewswire· 2026-02-06 22:17
Core Viewpoint - Lexicon Pharmaceuticals has successfully closed a public offering of 32 million shares of common stock and a concurrent private placement of 22.4 million shares of common stock and 367,145 shares of Series B Convertible Preferred Stock, with the offerings closing on February 2, 2026 [1]. Group 1: Offering Details - The public offering price for the common stock was set at $1.30 per share, while the Series B Convertible Preferred Stock was sold at $65 per share [1]. - An additional 30-day option has been granted to underwriters to purchase up to 4.8 million shares of common stock at the public offering price [2]. - The Private Placement Purchaser has the option to buy an additional 94,855 shares of Series B Convertible Preferred Stock, convertible into 4,742,744 shares of common stock, at the same price of $65 per share [2]. Group 2: Use of Proceeds - Lexicon intends to utilize the net proceeds from the offerings for the continued research and development of its drug candidates, as well as for working capital and other general corporate purposes [4]. Group 3: Regulatory Information - A shelf registration statement related to the public offering was filed with the SEC on August 2, 2024, and was declared effective on August 15, 2024 [5]. - The shares issued in the private placement have not been registered under the Securities Act and may not be offered or sold in the U.S. without proper registration or exemption [5]. Group 4: Company Overview - Lexicon Pharmaceuticals is a biopharmaceutical company focused on developing medicines that transform patients' lives, with a pipeline targeting neuropathic pain, hypertrophic cardiomyopathy, obesity, metabolism, and other indications [7].
Canoe EIT Income Fund Announces February 2026 Monthly Distribution, Quarterly Preferred Distributions and Amendment to Special Distribution
Globenewswire· 2026-02-06 22:10
Distribution Announcements - Canoe EIT Income Fund announces a monthly distribution of $0.10 per unit for February 2026 [1] - Preferred unit holders will receive a quarterly distribution of $0.30 per unit for Series 1 (EIT.PR.A) and Series 2 (EIT.PR.B) [1] - Holders of Series 3 Preferred Units will receive an initial partial distribution of $0.1473 per unit, payable on March 16, 2026 [1] Special Distribution Revision - The Fund revises its previously announced special non-cash distribution from $0.447 per unit to $0.545 per unit, with the record and payment dates remaining unchanged [2] Fund Overview - Canoe EIT Income Fund is one of Canada's largest closed-end investment funds, focusing on maximizing monthly distributions and capital appreciation through a diversified portfolio of high-quality securities [3] - The Fund is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer at Canoe Financial [3] Company Background - Canoe Financial is a rapidly growing independent mutual fund company managing over $23.0 billion in assets across various investment solutions [4] - Founded in 2008, Canoe Financial is employee-owned and aims to build financial wealth for Canadians, with a significant presence in Calgary, Toronto, and Montreal [4]
Presurance Holdings Rights Offering Begins
Globenewswire· 2026-02-06 22:07
Core Viewpoint - Presurance Holdings, Inc. has initiated a rights offering allowing eligible shareholders to purchase additional shares at a set price before the expiration date of February 24, 2026 [1][2]. Group 1: Rights Offering Details - Shareholders of record as of February 6, 2026, will receive one non-transferable Subscription Right for each share owned, enabling them to purchase 1.145 shares of common stock at a subscription price of $1.00 per share [2]. - The rights offering is governed by an effective registration statement on Form S-1 and a prospectus detailing the terms, which is available through the SEC [7]. Group 2: Participation Instructions - Shareholders must complete and execute the rights certificate and submit it along with payment to the Subscription Agent before the expiration time of 5:00 p.m. New York City time on February 24, 2026 [3]. - Beneficial owners of shares registered in the name of a broker or custodian should instruct their institution to exercise the subscription rights on their behalf [4]. Group 3: Payment and Refunds - Any payments received that are not applied to the exercise of subscription rights will be refunded to the shareholder without interest or penalty [5]. Group 4: Company Overview - Presurance Holdings, Inc. is a Michigan-based property and casualty holding company that provides specialty insurance coverage aimed at protecting individuals, businesses, and communities, focusing on disciplined growth and long-term value creation [8].
Deep Sea Minerals Corp. Announces Closing of Oversubscribed $4.22 Million Private Placement
Globenewswire· 2026-02-06 21:55
Core Viewpoint - Deep Sea Minerals Corp. has successfully closed a non-brokered private placement, raising $4,220,170 through the issuance of 10,550,425 common shares at $0.40 per share, indicating strong investor interest in the critical minerals sector [1][4]. Group 1: Offering Details - The private placement involved the issuance of 10,550,425 Shares at a price of $0.40 per Share, resulting in gross proceeds of $4,220,170 [1]. - The Company paid finder's fees totaling $95,620 in cash and issued 239,050 common share purchase warrants, each exercisable at $0.40 for 24 months [2]. - All securities from the Offering are subject to a four-month hold period, ending on June 7, 2026 [3]. Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for specific business objectives, repayment of a loan, marketing, and general working capital [3]. Group 3: Company Overview - Deep Sea Minerals Corp. focuses on subsea mineral exploration and development, aiming to support the future supply of critical minerals through the acquisition and development of deep-sea mineral assets [5]. - The Company's strategy includes identifying jurisdictions with potential polymetallic nodule systems, which are important for various industries including defense, clean energy, and advanced electronics [6]. Group 4: Industry Engagement - The Company has begun early-stage engagement with selected governments and regulatory bodies in the Pacific Ocean region to explore future initiatives, adhering to international and environmental frameworks [7].
Arbor Realty Trust Schedules Fourth Quarter 2025 Earnings Conference Call
Globenewswire· 2026-02-06 21:51
UNIONDALE, N.Y., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (NYSE: ABR), today announced that it is scheduled to release fourth quarter 2025 financial results before the market opens on Friday, February 27, 2026. The Company will host a conference call to review the results at 10:00 a.m. Eastern Time on February 27, 2026. A live webcast and replay of the conference call will be available at www.arbor.com in the investor relations section of the Company’s website. Those without web access sho ...
Onex Completes Convex Acquisition and Strategic Investment by AIG
Globenewswire· 2026-02-06 21:30
Key drivers of strategy to enhance Onex’ enterprise value through Convex ownership and increased profitability at Onex’ asset management platformAll amounts in U.S. dollars unless otherwise stated TORONTO, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Onex Corporation (TSX: ONEX) today announced the completion of its previously announced acquisition of Convex Group Limited (“Convex”), a leading specialty property and casualty insurance and reinsurance company. “This is a pivotal moment in Onex’ history and the addition ...
Anfield Energy Announces Special Shareholder Meeting and Mailing of Related Documents
Globenewswire· 2026-02-06 21:30
VANCOUVER, British Columbia, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) announces that today is the legal mailing date for the mailing and filing of the notice of a meeting of shareholders, the management information circular, and related documents (collectively, the “Meeting Materials”) to convene a special meeting (the “Meeting”) of shareholders. The Meeting will take place on February 27, 2026 at 10:00 AM (Vancouver Time). ...