Base Carbon Announces Renewal of Normal Course Issuer Bid
Globenewswire· 2025-06-19 11:30
Core Viewpoint - Base Carbon Inc. has announced the renewal of its normal course issuer bid (NCIB) to repurchase up to 6,659,310 common shares, reflecting the company's strategy to enhance shareholder value and manage its capital effectively [1][5]. Summary by Sections NCIB Details - The renewed NCIB program will commence on June 23, 2025, and will last for 12 months, concluding on June 22, 2026 [3]. - Under the current NCIB, as of June 17, 2025, the company has repurchased 7,127,736 shares at an average price of $0.4722, which is 94.1% of the authorized 7,571,314 shares [2]. - Since the initiation of its share repurchase strategy, the company has bought back a total of 19,245,694 shares at an average price of $0.4567, resulting in a 15.1% reduction in shares outstanding since June 17, 2022 [2]. Purchase Mechanics - The company may purchase up to 69,082 shares on any given day during the new NCIB, which is 25% of the average daily trading volume of 276,330 shares over the past six months [3]. - Block trades for a greater number of shares may occur once per calendar week [3]. - Purchases will be conducted in accordance with Cboe Canada's rules and will be returned to treasury for cancellation [4]. Strategic Rationale - The Board of Directors believes that the market price of the shares may not reflect the underlying value of Base Carbon, including its growth opportunities, and that the share repurchase is in the best interests of the company [5]. - An automatic share purchase plan (ASPP) has been established to facilitate repurchases during periods when the company cannot trade due to insider trading rules [6]. Company Overview - Base Carbon is focused on financing projects in the global voluntary carbon markets, aiming to be a preferred partner in carbon removal and abatement projects [7].
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Seeking Alpha· 2025-06-19 11:30
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New Wave Announces Effective Date for Name Change
Globenewswire· 2025-06-19 11:30
Vancouver, BC, June 19, 2025 (GLOBE NEWSWIRE) -- New Wave Holdings Corp. (“New Wave” or the “Company”) (CSE:NWAI, FWB:0XM0, OTCPK:TRMNF) is pleased to announce, further to its news release of June 12, 2025, it will change its name to “Humanoid Global Holdings Corp.” effective June 25, 2025. The new CUSIP will be 44486R101 and the new ISIN number will be CA44486R1010, under the new name of the Company. The common shares of the Company (the “Shares”) are expected to begin trading on the Canadian Securities Ex ...
Dynacor Group Reports Sales of US$26.1 Million in May 2025
Globenewswire· 2025-06-19 11:30
MONTREAL, June 19, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX-DNG) (“Dynacor” or the "Corporation"), today announced unaudited gold sales of $26.1 million in May and year-to-date sales of $128.9 million. All figures are in US dollars unless otherwise indicated. Monthly Highlights Gold sales reached $26.1 million (C$36.2 million1) in May 2025, compared to $23.7 million (C$32.4 million) in May 2024.The increase in sales of $2.4 million or +10.1% versus May 2024 results from an increase in the sales pric ...
Labrador Gold Begins 2025 Exploration at Hopedale Gold Project
Globenewswire· 2025-06-19 11:30
TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that a field crew has mobilized to the Hopedale gold project in Labrador and that work has begun on the 2025 exploration program. The district scale Hopedale property covers a 43km strike length of the Archean-age Florence Lake greenstone belt which has characteristics typical of greenstone belts around the world but has been underexplored by comparison. E ...
Auxly Announces Non-Binding Agreement to Amend and Extend BMO Credit Facility and Settlement of all Amounts owing to Imperial Brands
Prnewswire· 2025-06-19 11:30
TORONTO, June 19, 2025 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, is pleased to announce that it has entered into two agreements that will strengthen its balance sheet, reduce debt, and support long-term growth: A non-binding agreement (the "Term Sheet") to amend and restate the Company's existing syndicated credit facility led by the Bank of Montreal ("BMO"), and An exchange agreem ...
Cantor Boosts Rocket Lab Target to Street-High $35
MarketBeat· 2025-06-19 11:28
Rocket Lab TodayRKLBRocket Lab$27.85 +1.43 (+5.41%) 52-Week Range$4.20▼$33.34Price Target$28.10Add to WatchlistAerospace and defense corporation Rocket Lab USA NASDAQ: RKLB recently received a significant analyst boost when Cantor Fitzgerald increased its target price for the space company to a street-high $35. The upgrade follows several recent positive initiatives by the company, as it continues to impress with its strategic advancements, upcoming pipeline, and proven track record. The company's ongoing ...
Eagle Plains and Tana Resources Execute Option Agreement for the MPW Copper-Gold Project, British Columbia
Newsfile· 2025-06-19 11:27
Eagle Plains and Tana Resources Execute Option Agreement for the MPW Copper-Gold Project, British ColumbiaJune 19, 2025 7:27 AM EDT | Source: Tana Resources Corp.Cranbrook, British Columbia--(Newsfile Corp. - June 19, 2025) - Eagle Plains Resources Ltd. (TSXV: EPL) (OTCQB: EGPLF) ("EPL" or "Eagle Plains") and Tana Resources Inc. (CSE: TANA) ("TANA" or "Tana") are pleased to announce the parties have entered into an option agreement (the "Option") dated June 17, 2025, pursuant to which Tana has ...
EMGS: Annual general meeting held
Globenewswire· 2025-06-19 11:26
The annual general meeting (the "AGM") of Electromagnetic Geoservices ASA ("EMGS" or the "Company") was held today, 19 June 2025 at 12:00 CEST. All items on the agenda were resolved in accordance with the board of directors' proposals and the Nomination Committee's recommendations. Following the election of new board members at the annual general meeting, the following persons constitute the Company’s board of directors: - Kenneth Ross (Chairman) - Stig Tore Vangen - Glenn Pettersen - Marianne Engelsen Hal ...
Nike Looks Broken, But It Might Be A Bargain
Seeking Alpha· 2025-06-19 11:24
Over the long run, Nike, Inc. (NYSE: NKE ) has been a great investment, and early investors became very rich. However, in the last few years, Nike did not only underperform the S&P 500, but investors actually did lose aMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from l ...