Grupo Aeroportuario del Pacifico Reports Impacts from Hurricane Melissa in Jamaica
Globenewswire· 2025-10-29 00:15
Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) is currently focused on resuming airport operations in Jamaica following the impact of Hurricane Melissa, a Category 5 storm, which led to the suspension of operations at Kingston and Montego Bay airports [1][2]. Group 1: Impact of Hurricane Melissa - Hurricane Melissa caused the suspension of operations at Kingston Airport on October 25 at 9:00 p.m. and at Montego Bay Airport on October 26 at 12:00 p.m. due to deteriorating weather conditions [1]. - GAP is assessing the damage to airport facilities and is coordinating with authorities to restore normal operations as soon as possible [2]. Group 2: Company Response and Priorities - The CEO of GAP emphasized that the priority is the safety and well-being of employees, their families, stranded passengers, and local communities [2]. - GAP's airport terminals in Kingston and Montego Bay have remained closed since the weekend, and the company is committed to safely reopening them to facilitate humanitarian aid [2]. Group 3: Financial Significance - During the first nine months of 2025, the airports in Jamaica accounted for 11.0% of GAP's total passenger traffic and 8.8% of consolidated EBITDA [2]. Group 4: Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations [4]. - GAP has been involved in airport operations in Jamaica since acquiring a majority stake in MBJ Airports Limited in April 2015 and taking control of the Norman Manley International Airport in October 2019 [4]. Group 5: Future Monitoring - GAP will continue to monitor the situation and provide updates on damage assessments, operating conditions, and the timeline for resuming operations [3].
Rio Silver Receives Conditional Approval for $2.2M Private Placement
Globenewswire· 2025-10-28 23:47
Core Points - Rio Silver Inc. has received "Conditional Approval" from the TSX Venture Exchange for a non-brokered private placement, raising gross proceeds of $2,200,000 [1][4] - The offering consists of 22,000,000 units priced at 10 cents each, with each unit including one common share and one non-transferable warrant exercisable at 15 cents for three years [2][3] - The proceeds will be allocated towards exploration projects in Peru, general working capital, and debt settlement [3] Financial Details - The total gross proceeds from the offering amount to $2,200,000, with finders' fees of $74,520 and 745,200 broker warrants issued [2][3] - Each broker warrant allows the holder to acquire one common share at an exercise price of 15 cents for three years [3] Project Updates - The company is expecting approval for the acquisition of the Maria Norte Au-Ag-Pb-Zn project, with updates provided on September 17, 2025 [5] Company Overview - Rio Silver focuses on acquiring precious metal assets that are expected to generate near-term cash flow, supporting its exploration and development plans [6] - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [6]
Apollo Silver Closes $26.78 Million Private Placement Offering
Globenewswire· 2025-10-28 23:43
Core Points - Apollo Silver Corp. has successfully closed the final tranche of its upsized non-brokered private placement, raising gross proceeds of $1,641,503 through the issuance of 455,973 units at a price of $3.60 per unit, bringing the total proceeds from the offering to $26,775,648 [1][4] Group 1: Offering Details - The total proceeds from the upsized offering include a first tranche of $25,134,145 [1] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at an exercise price of $5.50 for 24 months [2] - The offering included participation from insiders, totaling 405,557 units for gross proceeds of $1,460,005.20, which is classified as a related party transaction [6] Group 2: Use of Proceeds - The funds raised will be used to advance the Calico Silver Project in California, support community relations at the Cinco de Mayo Project in Mexico, cover ongoing property maintenance costs, and for general corporate purposes [5] - The company will pay aggregate finder's fees of $901,395.18 in connection with the offering [4] Group 3: Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US, the Calico Silver Project, which hosts a significant silver deposit along with barite and zinc credits [8] - The company also holds an option on the Cinco de Mayo Project in Mexico, which features a high-grade carbonate replacement deposit [8][9]
GBank Financial Holdings Inc. Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-10-28 23:38
Core Viewpoint - GBank Financial Holdings Inc. reported a net income of $4.3 million for Q3 2025, reflecting unusual expenses impacting earnings, while core revenues showed significant growth across various segments [1][5][18]. Financial Performance - Net income for Q3 2025 was $4.3 million, or $0.30 per diluted share, down from $4.8 million in Q2 2025 and $5.0 million in Q3 2024 [1][18]. - For the nine months ended September 30, 2025, net income was $13.5 million, or $0.93 per diluted share, compared to $13.4 million, or $1.02 per diluted share for the same period in 2024 [1]. - Adjusted diluted earnings per share for Q3 2025 was $0.44, excluding unusual expenses [3]. Revenue and Income Breakdown - Total net revenue for Q3 2025 was $20.2 million, a 13.5% increase from $17.8 million in Q2 2025 and a 24.8% increase from $16.2 million in Q3 2024 [15]. - Non-interest income rose to $7.2 million in Q3 2025, compared to $5.4 million in Q2 2025 and $3.9 million in Q3 2024 [14]. - Net interest income for Q3 2025 was $13.0 million, up 4.9% from Q2 2025 and 6.0% from Q3 2024 [8][10]. Loan and Asset Growth - SBA lending and commercial banking loan originations reached $242.1 million in Q3 2025, marking a record month in September with $92 million [37]. - Total loans, net of deferred fees and costs, increased to $940.6 million as of September 30, 2025, up from $871.6 million in Q2 2025 and $781.0 million in Q3 2024 [21]. - Total assets increased by 5.6% to $1.3 billion from Q2 2025 and by 24.2% from Q3 2024 [20]. Expense Management - Non-interest expenses for Q3 2025 were $12.3 million, up from $10.4 million in Q2 2025 and $9.1 million in Q3 2024, primarily due to unusual expenses [16]. - The efficiency ratio was 61.1% for Q3 2025, compared to 58.5% in Q2 2025 and 56.0% in Q3 2024 [16]. Credit Quality and Provisions - The provision for credit losses on loans was $2.2 million for Q3 2025, an increase from $1.1 million in Q2 2025 and $570 thousand in Q3 2024 [13][28]. - Non-performing assets totaled $37.5 million as of September 30, 2025, an increase from $18.4 million in Q2 2025 and $5.4 million in Q3 2024 [31]. Strategic Initiatives - The company is enhancing its gaming payments operations and has launched a new digital credit card application process to prevent fraud [38][39]. - The onboarding of BoltBetz with Distill Taverns and Terribles Gaming is expected to drive growth in the gaming sector [40].
Enthusiast Gaming Announces Shareholder Meeting Voting Results
Globenewswire· 2025-10-28 23:00
Core Points - Enthusiast Gaming Holdings Inc. announced the results of the Board of Directors election during its Annual General and Special Meeting of Shareholders held on October 28, 2025 [1] - All nominees listed in the management information circular dated September 15, 2025, were elected as directors [2] Voting Results - John Albright received 11,665,770 votes (91.70%) in favor and 1,056,302 votes (8.30%) withheld - Scott Michael O'Neil received 12,460,190 votes (97.94%) in favor and 261,882 votes (2.06%) withheld - Thomas Hearne received 12,219,980 votes (96.05%) in favor and 502,092 votes (3.95%) withheld - John Zorbas received 11,773,328 votes (92.54%) in favor and 948,744 votes (7.46%) withheld - Sara Slane received 12,040,309 votes (94.64%) in favor and 681,763 votes (5.36%) withheld - Jordan Gnat received 11,938,264 votes (93.84%) in favor and 783,808 votes (6.16%) withheld [3] Shareholder Votes on Other Items - The number of directors was set at six, with 37,367,246 votes (88.76%) in favor and 4,729,576 votes (11.24%) against - RSM Canada LLP was appointed as auditor for the ensuing year with 41,875,489 votes (99.47%) in favor and 221,333 votes (0.53%) against - The Issuance Resolution was approved with 12,174,502 votes (95.70%) in favor and 547,570 votes (4.30%) against [3] Company Overview - Enthusiast Gaming focuses on building tools, platforms, and experiences for gamers, with a portfolio that includes well-known digital properties such as U.GG, Icy-Veins, and TheSimsResource - The company generates revenue through programmatic advertising, subscriptions, and events, and aims to expand its owned intellectual property while deepening audience engagement [4]
Teck’s 2025 QB Operations Site Visit
Globenewswire· 2025-10-28 22:31
November 3, 2025VANCOUVER, British Columbia, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) President and Chief Executive Officer, Jonathan Price and members of Teck’s executive management team will be presenting on Monday, November 3, 2025 from 10:55 a.m. to 1:30 p.m. Eastern / 7:55 a.m. to 10:30 a.m. Pacific time as part of Teck’s QB Operations Site Visit. A webcast to view the event will be held as follows: Date:Monday, November 3, 2025Time:10:55 a ...
Bread Financial Announces Pricing of Private Offering of $500 Million of Senior Notes
Globenewswire· 2025-10-28 22:27
COLUMBUS, Ohio, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) announced today the pricing of its previously announced offering of $500 million in aggregate principal amount of its 6.750% senior notes due 2031 (the “Notes”), in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be sold at a price of 100% of the principal amount thereof. The clo ...
Renasant Corporation Increases Quarterly Dividend
Globenewswire· 2025-10-28 22:19
TUPELO, Miss., Oct. 28, 2025 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE: RNST) approved the payment of a quarterly cash dividend of twenty-three cents ($0.23) per share to be paid January 1, 2026, to shareholders of record as of December 18, 2025. The per share dividend represents a $0.01 increase from the dividend paid in the previous quarter. ABOUT RENASANT CORPORATION:Renasant Corporation is the parent of Renasant Bank, a 121-year-old financial services institution. Renasant ...
Anteris DurAVR® THV Demonstrates Favorable Hemodynamics in Small Annuli Patients with no Valve Related Mortality at One Year
Globenewswire· 2025-10-28 22:08
MINNEAPOLIS and BRISBANE, Australia, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Anteris Technologies Global Corp. (Anteris or the Company) (NASDAQ: AVR, ASX: AVR) a global structural heart company committed to designing, developing, and commercializing cutting-edge medical devices to restore healthy heart function, announced one-year clinical outcomes for the DurAVR® Transcatheter Heart Valve (THV) in symptomatic severe aortic stenosis patients with small aortic annuli (aortic annulus area 396 + 37 mm2). The DurAVR® ...
Guardian Capital Group Limited Obtains Final Court Approval for Plan of Arrangement
Globenewswire· 2025-10-28 21:46
TORONTO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (“Guardian”) (TSX: GCG) (TSX: GCG.A) is pleased to announce that today it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which Desjardins Global Asset Management Inc. (the “Purchaser”), an affiliate of Desjardins Group, will acquire all of the issued and outstand ...