Workflow
Titan to Hold AGM on August 20, 2025
Globenewswire· 2025-07-04 23:30
Core Viewpoint - Titan Mining Corporation will hold its annual general meeting on August 20, 2025, with further details to be provided in the management information circular [1] Company Overview - Titan Mining Corporation is a subsidiary of Augusta Group, focused on producing zinc concentrate at its wholly-owned Empire State Mine in New York [2] - The company aims to deliver shareholder value through operational excellence, development, and exploration, with a strong commitment to developing critical minerals assets to enhance domestic supply chain security [2]
Clarification on Hivello Buy-Back Announcement
Globenewswire· 2025-07-04 23:03
Core Insights - Blockmate Ventures Inc. clarifies that the buy-back of 13.5 million $HVLO tokens was executed by the HVLO Association, not Hivello Holdings [1][2] - The buy-back aligns with the Association's commitment to reducing token supply and optimizing ecosystem value, with the tokens permanently removed from circulation [2] Company Overview - Blockmate Ventures Inc. is a Blockchain & Web3 venture builder that invests in and operates scalable blockchain, mining, and digital infrastructure companies [3] - The company's portfolio includes decentralized computing with Hivello and Blockmate Mining, providing diversified exposure to emerging sectors within Web3 [3] Hivello Overview - Hivello serves as an aggregator of DePIN projects, enabling users to participate in various DePIN networks easily [4] - The platform aims to simplify the process for users to earn passive income by utilizing their idle computers, requiring no technical knowledge [4]
Aventis Energy Announces Closing of Flow-Through Financing
Globenewswire· 2025-07-04 22:42
Core Viewpoint - Aventis Energy has successfully closed a non-brokered private placement, raising C$350,000 through the issuance of 1,400,000 flow-through units, which will be used for exploration on its project portfolio [1][3]. Group 1: Offering Details - The private placement consisted of flow-through units priced at C$0.25 each, generating gross proceeds of C$350,000 [1]. - Each flow-through unit includes one common share and half a common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.35 for 24 months [2]. - A total of C$21,000 was paid in cash as finder's fees in connection with the offering [4]. Group 2: Use of Proceeds - The proceeds from the offering will be allocated to eligible Canadian exploration expenses, qualifying as flow-through mining expenditures under the Income Tax Act (Canada) [3]. - All qualifying expenditures will be renounced in favor of the subscribers of the flow-through units effective December 31, 2025 [3]. Group 3: Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, with projects in stable jurisdictions [6]. - The company is advancing its Corvo Uranium and Sting Copper projects, which have shown promising historical drill results [6][7][8].
Kvika banki hf.: Updated proposals regarding merger discussions with Kvika banki hf.
Globenewswire· 2025-07-04 22:15
Group 1 - Kvika banki hf. has received updated merger proposals from Arion Bank hf. and Íslandsbanki hf. [1] - The Board of Directors of Kvika banki hf. will review the merger proposals and decide on the next steps [1] - Further information will be disclosed in accordance with legal obligations [1] Group 2 - The notice serves as a disclosure of inside information under EU regulation No 596/2014 on market abuse [2] - The regulation is implemented into Icelandic law through the act on measures against market abuse No 60/2021 [2]
AGF Reports June 2025 Assets Under Management and Fee-Earning Assets
Globenewswire· 2025-07-04 21:02
Core Viewpoint - AGF Management Limited reported a total of $55.0 billion in assets under management (AUM) and fee-earning assets as of June 30, 2025, reflecting growth in various asset categories compared to previous periods [1][6]. Group 1: Total AUM and Fee-Earning Assets - Total AUM increased to $52.9 billion as of June 30, 2025, up 2.9% from $51.4 billion in May 2025 and up 14.8% from $46.1 billion in June 2024 [2]. - Total AUM and fee-earning assets reached $55.0 billion, a 2.8% increase from $53.5 billion in May 2025 and a 14.1% increase from $48.2 billion in June 2024 [2]. Group 2: Mutual Fund AUM by Category - Domestic Equity Funds AUM was $4.6 billion, up from $4.5 billion in May 2025 and $4.2 billion in June 2024 [3]. - U.S. and International Equity Funds AUM rose to $20.2 billion from $19.5 billion in May 2025 and $16.3 billion in June 2024 [3]. - Total Mutual Fund AUM reached $32.0 billion, an increase from $31.0 billion in May 2025 and $27.2 billion in June 2024 [3]. Group 3: AGF Capital Partners - AGF Capital Partners AUM remained stable at $2.6 billion as of June 30, 2025, consistent with May 2025 and slightly down from $2.7 billion in June 2024 [3]. - Fee-earning assets for AGF Capital Partners were $2.1 billion, unchanged from both May 2025 and June 2024 [3]. Group 4: Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm with a focus on public and private markets through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [4]. - The firm emphasizes responsible and sustainable corporate practices, serving a diverse client base including financial advisors, high-net-worth individuals, and institutional investors [5]. - Headquartered in Toronto, Canada, AGF has operations in North America and Europe, serving over 815,000 investors [6].
Petrolympic Announces Option Grant
Globenewswire· 2025-07-04 20:48
Summary of Key Points Core Viewpoint - Petrolympic Ltd. has granted a total of 2,100,000 options to purchase common shares to its directors and officers at an exercise price of $0.10 per share, with an expiration date of July 4, 2030 [1]. Group 1: Company Actions - The company has issued 2,100,000 options for common shares to its directors and officers [1]. - The exercise price for these options is set at $0.10 per share [1]. - The options will expire on July 4, 2030 [1]. Group 2: Regulatory Information - The TSX Venture Exchange and its regulations services provider have not reviewed or accepted responsibility for the adequacy or accuracy of the release [1].
Montero Announces Completion of Return of Capital and Comments on Share Price Volatility
Globenewswire· 2025-07-04 20:43
Core Points - Montero Mining and Exploration Ltd. has completed a return of capital to its shareholders amounting to C$15,036,892.50 through a cash distribution [1] - The distribution was funded by a portion of the net proceeds from a US$27 million settlement with the Government of Tanzania regarding the Wigu Hill rare earth project [3] - The company has not reported any other material developments aside from the distribution, and recent share price volatility is believed to be linked to this event [2] Financial Details - The total cash distribution to shareholders was C$15,036,892.50, paid out pro rata [1] - The funds for the distribution were derived from a US$27 million settlement related to the expropriation of the Wigu Hill project [3] Shareholder Information - Registered shareholders must complete a letter of transmittal to receive the distribution, which is available on the company's SEDAR+ profile [5] - Following a consolidation of common shares effective May 5, 2025, shareholders received a letter from the transfer agent with instructions for exchanging share certificates [4]
KMT-hansa Enters Into Memorandum of Understanding
Globenewswire· 2025-07-04 20:27
Core Points - KMT-Hansa Corp. has negotiated a debt conversion agreement with a creditor, resulting in the issuance of 2,283,706 common shares in exchange for the cancellation of $171,278 in debt [1][2] Group 1: Debt Conversion Agreement - The debt conversion agreement involves the issuance of common shares to a creditor who is an arm's length party to the corporation [1] - The total debt being cancelled through this agreement amounts to $171,278 [1] - The issuance of the debt shares is subject to approval from NEX and will have a statutory hold period of four months [2] Group 2: Contact Information - For further inquiries, Donald Wu, the Chief Executive Officer, can be contacted via email at info@kmt-hansa.com [2]
Sale of Working Interests in Sara & Suri Block
Globenewswire· 2025-07-04 20:23
Core Viewpoint - Jura Energy Corporation has announced the sale of its entire 60% working interest in the Sara & Suri Block to Oil and Gas Development Company Limited (OGDCL), along with the transfer of operatorship, as part of a strategic move to streamline its asset portfolio and reduce costs [1][2][3]. Group 1: Sale Transaction Details - The sale transaction involves Spud Energy (Pty) Limited, a wholly owned subsidiary of Jura, transferring its 60% working interest and operatorship of the Sara & Suri Block to OGDCL, effective April 30, 2025, subject to regulatory approval [1][7]. - OGDCL will pay a gross consideration of US$105,000 to Spud and will assume all obligations related to the Sara & Suri Block, including abandonment and reclamation obligations [7]. - The anticipated reduction in monthly operating costs for Spud is approximately US$12,000 [8]. Group 2: Rationale Behind the Sale - The decision to sell is influenced by the shut-in production from the Sara & Suri Block since July 2023 due to a significant drop in pressure and flow rates, leading to potential abandonment and reclamation obligations of approximately US$1.5 million [2][8]. - Jura aims to unlock shareholder value through this divestment while also pursuing enforcement of arbitration awards against Petroleum Exploration (Pvt.) Limited (PEL) [3][4]. Group 3: Arbitration Proceedings - Jura is involved in two arbitration proceedings against PEL regarding the Badin IV North and South blocks, with the first arbitration resolved in favor of Jura in December 2024 [4]. - The second arbitration is ongoing and is being pursued through the International Chamber of Commerce [4]. Group 4: Regulatory and Closing Conditions - The sale of the Sara & Suri Block is subject to regulatory approval in Pakistan and customary closing conditions, with an expected closing date near the end of Q4 2025 [5].
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
Globenewswire· 2025-07-04 20:05
Core Viewpoint - Niu Technologies reported strong sales growth in the second quarter of 2025, with a total of 350,090 units sold, reflecting a significant increase compared to the previous year, driven by a focus on product development and market expansion [2][3]. Sales Performance - In the second quarter of 2025, NIU sold 350,090 units, a 36.7% increase from 256,162 units in the same period of 2024 [2]. - Sales in the China market reached 318,719 units, up from 207,552 units in 2Q 2024, while international sales were 31,371 units, down from 48,610 units [2]. - For the first half of 2025, total sales were 553,403 units, compared to 385,301 units in the first half of 2024, indicating a 43.7% year-over-year growth [2]. Product Strategy - The company focused on enhancing its key product lines, resulting in an optimized product mix that appeals to a broader consumer base [3]. - During the "618 Shopping Festival," NIU's high-end models achieved top rankings on major e-commerce platforms, reinforcing its position in China's premium market [3]. International Expansion - NIU launched a comprehensive portfolio of electric motorcycles, including off-road models, supported by an expanded distribution network, which has strengthened its global market position despite challenges in the micromobility sector [4]. Company Overview - NIU is recognized as a leading provider of smart urban mobility solutions, offering a diversified product portfolio that includes electric motorcycles, mopeds, bicycles, kick-scooters, and e-bikes [6]. - The company employs an omnichannel retail model, integrating both offline and online sales channels to enhance customer service [6].