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Galway Metals Announces Final Option Payment for Royalty Buy Back at Its Clarence Stream Property
Globenewswire· 2025-07-12 02:44
Group 1 - Galway Metals Inc. intends to settle the final payment of $125,000 in cash and issue 974,026 common shares at a deemed price of $0.385 per share, totaling $375,000 [1][2] - The company previously agreed to buy back a 2% net smelter returns royalty for a total purchase price of $3,000,000, to be paid in six equal annual installments of $500,000 [2] - The first partial payment was settled in 2020 through the issuance of 434,783 shares at a deemed price of $1.15 per share [2] Group 2 - Galway Metals is focused on creating significant per share value through the exploration and sustainable development of its two 100%-owned projects in Canada [3] - The flagship project, Clarence Stream, is a major gold district in Atlantic Canada with a large, high-grade gold resource [3] - The Estrades project is a former high-grade gold and zinc-rich polymetallic VMS mine located in western Quebec [3]
Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025
Globenewswire· 2025-07-12 02:00
Core Insights - Diginex Limited reported a transformative fiscal year ending March 31, 2025, highlighted by a 57% increase in revenues and the successful completion of its IPO in January 2025 [4][5][17] - The company signed strategic agreements with professional firms to enhance future revenues and client acquisition, while also introducing AI-powered compliance solutions [4][5] - Diginex is pursuing a dual listing on the Abu Dhabi Securities Exchange to increase exposure to investors and support sustainable finance initiatives in the GCC region [4][5] Financial Performance - Total revenue for the fiscal year increased by 57% to $2.0 million, driven primarily by software subscriptions and license fees [5][8] - The net loss for the fiscal year was $5.2 million, an increase of $0.3 million compared to the previous year's loss of $4.9 million [5][24] - General and administrative expenses rose to $10.3 million, primarily due to IPO-related professional fees and share-based payments [13][24] Revenue Breakdown - Revenue from subscription and license fees increased significantly to $1.3 million from $0.4 million, while advisory fees rose modestly to $0.3 million [7][9] - Customization fees decreased to $0.4 million from $0.7 million, reflecting a strategic shift towards core product development [10][11] Balance Sheet Highlights - As of March 31, 2025, Diginex reported net assets of $4.6 million, a significant improvement from net liabilities of $23.0 million the previous year [15][23] - The company's cash position improved to $3.1 million from $0.1 million at the end of the prior fiscal year [15][23] Strategic Initiatives - Diginex signed memoranda of understanding to acquire Resulticks Group Companies and Matter DK ApS, aimed at enhancing its technology and data capabilities [5][6] - The planned acquisitions are expected to expand Diginex's AI-driven data management and sustainability analytics capabilities [6][17]
First Bancshares, Inc. Announces Operating Results for Quarter Ended June 30, 2025
Globenewswire· 2025-07-12 00:00
Core Viewpoint - First Bancshares, Inc. reported strong financial results for the second quarter of 2025, showing growth in net income and key balance sheet categories compared to the same period in 2024 [2][3]. Financial Performance - The Company reported after-tax net income of $1,824,000 or $0.75 per share-diluted for Q2 2025, an increase from $1,630,000 or $0.67 per share-diluted in Q2 2024, representing a 12% increase in net income and a 11.94% increase in earnings per share [2][10]. - The after-tax return on average assets was 1.36% and the return on equity was 11.82% for Q2 2025, indicating strong profitability metrics [2]. - Total interest income for Q2 2025 was $8,407,000, up from $8,013,000 in Q2 2024, while total interest expense decreased from $2,689,000 to $2,411,000, leading to a net interest income increase from $5,324,000 to $5,996,000 [10]. Balance Sheet Highlights - Total assets increased by $27.3 million to $544.1 million since June 30, 2024, with cash and cash equivalents rising by $13.0 million to $55.8 million and net loans receivable increasing by $15.9 million to $445.3 million [3][10]. - Total deposits grew by $13.4 million to $468.3 million, and stockholders' equity increased by $6.3 million to $62.3 million [3][10]. - The Company maintained a robust liquidity position, with excess cash being deployed into high-quality loan assets, and improved asset quality [4]. Regulatory Compliance - The Bank meets all regulatory requirements for "well-capitalized" status, ensuring a strong capital position to support future growth opportunities [5]. Company Overview - First Bancshares, Inc. is the holding company for Stockmens Bank, which operates in Colorado and Missouri, providing a range of banking services [6].
Brixton Metals Closes Private Placement
Globenewswire· 2025-07-11 22:22
Group 1 - Brixton Metals Corporation completed a non-brokered private placement on July 11, 2025, raising total gross proceeds of $2,370,512.04 through the issuance of 18,234,708 flow-through shares [1][2] - The proceeds from the offering will be utilized for drilling activities at the Company's Thorn Project located in British Columbia [2] - The flow-through shares are subject to a hold period until November 12, 2025, in accordance with Canadian securities laws [2] Group 2 - Finder's fees totaling $51,000.71 were paid, along with 392,313 warrants to purchase common shares at a price of $0.13, valid until July 11, 2027 [3] - The news release includes forward-looking statements regarding future business and financial performance, including potential mineral quantities and exploration plans [4][5]
FirstCash Announces Settlement of CFPB Litigation Related to Military Lending Act
Globenewswire· 2025-07-11 22:12
Core Viewpoint - FirstCash Holdings, Inc. has reached a settlement with the Consumer Financial Protection Bureau (CFPB) regarding alleged violations of the Military Lending Act, which includes financial compensation and the introduction of a new pawn lending product for military members and their families [1][2]. Group 1: Settlement Details - The settlement is subject to final court approval and includes an estimated consumer redress of $5 million to $7 million for affected customers, along with a $4 million fine to the CFPB victims relief fund [2]. - The financial impact of the settlement will be reflected in the Company's GAAP financial results for the second quarter of 2025 [2]. Group 2: Company Overview - FirstCash operates over 3,000 retail pawn stores in the U.S. and Latin America, focusing on serving cash and credit-constrained consumers [3]. - The pawn segments in the U.S. and Latin America account for approximately 80% of annualized segment earnings, with the remainder coming from its subsidiary, AFF, which provides lease-to-own and retail finance solutions [3]. Group 3: Market Position - FirstCash is a component of both the Standard & Poor's MidCap 400 Index and the Russell 2000 Index, with its common stock traded on Nasdaq [4].
Domestic Metals Extends Non-Brokered Private Placement
Globenewswire· 2025-07-11 21:30
Group 1 - Domestic Metals Corp. has requested a 30-day extension for its non-brokered private placement, with no material changes to the terms [1] - The company focuses on discovering large-scale copper and gold deposits in historical mining project areas across the Americas [3] - The Smart Creek Project, located in Montana, features widespread copper mineralization and multiple attractive exploration targets [4] Group 2 - Domestic Metals Corp. is led by an experienced management and technical team with a successful track record in mine discovery and financing [4] - The company emphasizes its commitment to exploring economically favorable grades indicated by historic drilling and sampling [3]
Planet 13 Launches Revamped Loyalty Program Offering Unbeatable Value, Immersive Events, and a Bold Price Match Guarantee
Globenewswire· 2025-07-11 21:22
Core Insights - Planet 13 Holdings Inc. has relaunched its loyalty program, which includes a price match guarantee for any third-party advertised price, enhancing its position as a leading cannabis retailer [1][4]. Loyalty Program Highlights - The loyalty program is designed to provide customers with unbeatable value and world-class experiences, emphasizing that loyalty extends beyond discounts [2][4]. - Customers can enroll for free in-store or online, allowing immediate access to savings and VIP event access [4]. - A 50% discount is available for all loyalty members in Nevada, with easy qualification by spending $100 or more [7]. Upcoming Events and Experiences - Planet 13 is focusing on customer appreciation through events such as "Planet the 13 Day," which will feature product launches and giveaways, and "Retrograde Day," promising unique surprises [7]. - The company aims to create consistently elevated experiences for its customers, including concerts and cultural events [4]. Company Overview - Planet 13 is a vertically integrated cannabis company with operations in California, Nevada, Illinois, and Florida, and is known for having the largest dispensary in the U.S. located in Las Vegas [5]. - The company operates 37 dispensaries nationwide and is focused on building a recognizable global brand in the cannabis industry [5].
Red White & Bloom Brands Announces Adjournment of Annual General Meeting
Globenewswire· 2025-07-11 21:05
Core Points - Red White & Bloom Brands Inc. has adjourned its 2025 Annual General Meeting of Shareholders to allow more time for the completion and presentation of its audited financial statements for the fiscal year ended December 31, 2024 [1][6] - The date for the reconvened AGM will be confirmed via press release on July 16, 2025, and the record date for shareholders remains May 13, 2025 [2][6] - The company operates as a multi-jurisdictional cannabis operator focusing on major U.S. markets such as California, Florida, Missouri, Michigan, and Ohio, as well as Canadian and international markets [3]
Nexus Industrial REIT Announces Second Quarter Results Date, and July and August Distributions
Globenewswire· 2025-07-11 21:05
TORONTO, July 11, 2025 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the second quarter ended June 30, 2025, before the opening of the TSX on Tuesday, August 12, 2025. Management of the REIT will host a conference call at 10:00 AM Eastern Standard Time on Tuesday, August 12, 2025, to review the financial results and operations. To participate in the conference call, please dial 1-647-846-8414 or 1-833-752- ...
Dundee Corporation Announces Acquisition of Shares of Bulgold Inc.
Globenewswire· 2025-07-11 21:01
TORONTO, July 11, 2025 (GLOBE NEWSWIRE) -- In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired via a private placement 1,454,553 common shares of Bulgold Inc. (TSXV - ZLTO) (the “Issuer”) at the price of C$0.05 per share for aggregate consideration of C$72,727.65. Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates ...