Blue Gold Limited to Acquire 90% of Mampon Gold & Copper Mine, unlocking Major Resource Upside
Globenewswire· 2025-07-23 12:05
Core Viewpoint - Blue Gold Limited has signed a non-binding term sheet to acquire 90% of the Mampon Gold Mine in Ghana, which is expected to enhance its portfolio and provide significant resource growth potential with a premium valuation of $35 per share [1][2][3] Transaction Overview - The acquisition involves Blue Gold acquiring 90% ownership of a Ghana-based company holding the Mampon mining lease, with the Government of Ghana retaining 10% [3][4] - An initial share issuance worth approximately USD 26.25 million will be made to complete the acquisition, based on a share price of USD 35 [3] - Additional payments will be made based on confirmed gold and copper resources, with up to USD 45 per ounce for gold (capped at 6 million ounces) and up to USD 55 per ton for copper (capped at 4 million tons) [3][4] Strategic Acquisition - The Mampon Gold Mine has an estimated 300,000 ounces of Measured & Indicated gold resources and is strategically located 80 km north of Bogoso, benefiting from reliable infrastructure [4] - This acquisition complements Blue Gold's existing operations and aligns with its mission of responsible and sustainable mining while unlocking long-term shareholder value [4][5] Company Profile - Blue Gold Limited is focused on acquiring high-potential mining assets globally and aims to redefine gold production and ownership through innovative monetization models, including asset-backed digital instruments [5][6] - The company emphasizes growth, sustainable development, and operational transparency in its business practices [6]
Rapala VMC Corporation establishes a new share-based incentive plan for key employees
Globenewswire· 2025-07-23 12:05
RAPALA VMC CORPORATION, Other information disclosed according to the rules of the Exchange, July 23, 2025 at 03:05 p.m. EEST The Board of Directors of Rapala VMC Corporation has resolved to establish a new share-based incentive plan for key employees of the group. The purpose of the plan is to align the interests of the company’s shareholders and key employees to increase the company’s value in the long-term, to commit key employees to implement the company's strategy, objectives and long-term interests and ...
Mainz Biomed and CARE Conclude Cooperation Agreement for Joint Care Concept for Health Insurance Companies
Globenewswire· 2025-07-23 12:01
Core Insights - Mainz Biomed has announced a collaboration with CARE diagnostica Laborreagenzien GmbH to enhance colorectal cancer screening services in Germany [1][2][3] - The partnership will expand the service offerings to include the ColoAlert test, which utilizes molecular genetic analysis of stool samples to improve early detection rates [2][3] - This collaboration aligns with the increasing demand for personalized screening solutions focused on early intervention in cancer detection [3] Company Overview - Mainz Biomed specializes in developing molecular genetic diagnostic solutions for life-threatening conditions, with its flagship product being the ColoAlert test for colorectal cancer [4] - The company is also conducting a pivotal FDA clinical study for regulatory approval in the United States and has additional product candidates like PancAlert for pancreatic cancer screening [4] - CARE has over 40 years of experience in colorectal cancer screening in Germany and collaborates with more than 15 statutory health insurance companies [5]
Nkarta to Participate in the H.C. Wainwright “HCW@Home” Series
Globenewswire· 2025-07-23 12:01
Group 1 - Nkarta, Inc. is a clinical-stage biopharmaceutical company focused on developing engineered natural killer (NK) cell therapies [1][3] - The company is participating in the H.C. Wainwright "HCW@Home" Series, with a fireside chat scheduled for July 30, 2025 [2] - Nkarta is advancing allogeneic, off-the-shelf NK cell therapies aimed at treating autoimmune diseases, utilizing a combination of cell expansion, cryopreservation, and CRISPR-based genome engineering [3] Group 2 - The event will be available via a simultaneous webcast on Nkarta's website, with a replay accessible for approximately 90 days [2] - Nkarta's approach is designed for deep therapeutic activity and broad access in outpatient treatment settings [3] - For further information, Nkarta's media and investor contact is Nadir Mahmood [4]
Upexi Purchases 83,000 SOL, Grows Treasury to 1.9 Million SOL Worth $381 Million
Globenewswire· 2025-07-23 12:00
TAMPA, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (the “Company” or “Upexi”), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space, today announced the acquisition of 83,000 SOL for $16.7 million, or $201.34 per SOL. The purchase brings the Company’s holdings to 1.9 million SOL worth over $381 million using the $200.60 spot price of Solana as of 5:00 pm ET yesterday. Allan Marshall, Chief ...
WEBs Investments Expands Defined Volatility℠ ETF Suite with Launch of 11 Sector Funds
Globenewswire· 2025-07-23 12:00
Core Viewpoint - WEBs Investments Inc. has launched the WEBs Defined Volatility Sector ETFs, a suite of 11 funds that apply a Defined Volatility strategy to individual sectors of the S&P 500, allowing investors to manage risk while pursuing market upside [1][2]. Group 1: Product Details - The new ETFs track Defined Volatility indices created by Syntax, providing exposure to underlying Select Sector SPDR ETFs [2]. - Each fund evaluates short-term realized volatility daily based on the previous 21 trading days, adjusting exposure to the underlying ETF or reallocating to cash equivalents or U.S. Treasuries based on volatility levels [2]. - The Defined Volatility rates for the ETFs range from 20% to 30%, depending on the sector [3]. Group 2: Strategic Benefits - The Defined Volatility Sector ETFs offer investors precise control over risk and sector exposure, enabling tactical sector rotation and fine-tuning within broader portfolios [2][3]. - The approach aims to provide a more stable investment experience and better risk-adjusted returns for sector-focused allocations [2]. Group 3: Company Background - WEBs Investments Inc. was founded in 2024 by industry veterans and is dedicated to developing innovative investment strategies [5]. - Westwood Holdings Group, Inc. provides operational and distribution support for the new ETFs, leveraging over 40 years of experience in asset management [6][4].
Volatus Aerospace Launches Condor XL Heavy-Lift Drone Program
Globenewswire· 2025-07-23 11:49
TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB), a Canadian leader in aerial intelligence and cargo solutions, is pleased to announce the launch of its Condor XL heavy-lift drone program. Drawing on decades of helicopter operations experience, in-house avionics capabilities, and a renewed focus on rotorcraft-specific training, the company is introducing a next-generation platform designed to meet global demand for autonomous, heavy-lift drone solut ...
Red Pine Completes 2024–25 Drilling Program & Initiates Preliminary Economic Assessment Work at Wawa Gold Project
Globenewswire· 2025-07-23 11:45
TORONTO, July 23, 2025 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce the completion of its 2024-25 drilling program at the Wawa Gold Project. The drilling program commenced in November 2024 and was completed at the end of June 2025. It consisted of 69 completed drill holes totaling 24,574.5 metres (“m”). Additional assays are pending. The 2024-25 drilling program achieved its two primary goals: Strengthen geological database to e ...
Southern Michigan Bancorp, Inc. Announces Second Quarter 2025 Earnings
Globenewswire· 2025-07-23 11:36
COLDWATER, Mich., July 23, 2025 (GLOBE NEWSWIRE) -- Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2025 net income of $3,238,000, or $0.70 per share, an increase of $750,000, or 30.14%, compared to net income of $2,488,000, or $0.55 per share, for the second quarter of 2024. For the first six months of 2025, Southern earned $6,284,000, or $1.36 per share, an increase of $1,118,000, or 21.64%, compared to net income of $5,166,000, or $1.14 per share, for the same six-month period o ...
Sky Quarry's Nevada-Based Refinery Launches Crowdfunding Campaign
Globenewswire· 2025-07-23 11:30
Exploring Digital Asset Strategies to Inform Future Capital InnovationWOODS CROSS, Utah, July 23, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy company focused on sustainable resource recovery, is pleased to announce the launch of a crowdfunding offering by its wholly owned subsidiary, Foreland Refining Corporation. Shifting fuel markets across the Western U.S. are creating a unique opportunity for regional producers. Nevada currently imports a ...