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Five-Year Gold Production Outlook Webinar
Globenewswire· 2025-06-10 01:59
Core Viewpoint - Perseus Mining Limited is set to host an investor webinar and conference call to discuss its five-year gold production outlook, scheduled for release on June 11, 2025 [1]. Group 1: Event Details - The investor webinar will take place on June 11, 2025, at 8:30am AEST [1]. - The call will accommodate various time zones, including Australia, Canada, and the UK, with specific local times provided [2]. - Registration for the webinar is available through a provided link, and participants will receive a confirmation email with joining details [2]. Group 2: Contact Information - The company has shared contact details for its directors and investor relations, including names and email addresses for key personnel [3]. - The registered office is located at Level 2, 437 Roberts Road, Subiaco WA 6008, Australia [3]. - A recording of the conference call will be made available on Perseus's website after the event [5].
Announcement by Gerdau S.A. of Results of Cash Tender Offer for Any and All Outstanding 4.875% Notes due 2027 issued by Gerdau Trade Inc.
Prnewswire· 2025-06-10 01:54
Core Viewpoint - Gerdau S.A. has completed its offer to purchase outstanding 4.875% notes due 2027, with all validly tendered notes accepted for purchase [1][3]. Offer Details - The offer was made for cash to purchase all outstanding 4.875% notes due 2027, guaranteed by Gerdau and its subsidiaries [1]. - The offer expired on June 9, 2025, at 5:00 p.m. New York City time [3]. - A total principal amount of US$418,244,000 was outstanding, with US$237,646,000 tendered [2]. - The consideration for the notes accepted was US$1,007.83 per US$1,000 principal amount [2]. Settlement Information - Settlement of the offer is expected to occur within three business days following the expiration date, specifically on June 12, 2025 [4]. Additional Information - Gerdau Trade has engaged several financial institutions, including BofA Securities, Goldman Sachs, J.P. Morgan, and Morgan Stanley, to act as dealer managers for the offer [6]. - Further details regarding the offer can be found in the Offer Documents available through the designated tender agent [5].
BEN Reports First Quarter 2025 Results and Business Highlights
Globenewswire· 2025-06-10 01:54
Core Viewpoint - Brand Engagement Network Inc. (BEN) reported a strong start to 2025 with the launch of its iSKYE platform and strategic partnerships, highlighting the increasing demand for secure and scalable AI solutions [2][3]. Group 1: Business Highlights - The iSKYE platform was officially launched, providing businesses with a customizable and scalable AI solution that integrates seamlessly with existing processes, featuring customizable 3D avatars and enterprise-grade security [7]. - BEN formed a global AI insurance partnership with Swiss Life Global Solutions to enhance digital health and financial wellbeing services, aiming to streamline insurance sales and improve member services [7]. - The company expanded its partnership with Vybroo and Grupo Siete to deploy AI-powered brand ambassadors across Latin America and Southern Europe, unlocking new revenue opportunities in high-growth markets [7]. - BEN is advocating for responsible AI privacy standards, supporting proposed legislation to prevent the offshore storage of sensitive user data, reinforcing its commitment to secure AI systems [7]. Group 2: Financial Performance and Future Outlook - The company will host a conference call to discuss its financial performance and strategic outlook, led by CEO Paul Chang and CFO Walid Khiari [4].
Carlton Precious Announces Further Upsize to Private Placement
Globenewswire· 2025-06-10 01:51
Core Points - Carlton Precious Inc. has announced an increase in its non-brokered private placement to up to 18,700,000 units at a price of $0.09 per unit, aiming for gross proceeds of up to $1,683,000 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at $0.12 for 24 months [1] - The company may pay eligible finders a cash commission of 7% of the gross proceeds and issue broker warrants equal to 7% of the units issued [2] - The net proceeds from the private placement will be used to initiate a drilling program at the Esquilache Project in Peru and for general working capital [3] - All securities issued will be subject to a hold period of four months plus a day from the issuance date [3] Company Overview - Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange [5] - The company operates in key mining jurisdictions, including Peru and Australia [5]
Aura Minerals Announces the Results of the Preliminary Economic Assessment for the Era Dorada Project
GlobeNewswire News Room· 2025-06-10 01:49
Core Viewpoint - Aura Minerals Inc. has filed a preliminary economic assessment (PEA) for its wholly owned Era Dorada Project, previously known as the Cerro Blanco Project, indicating strong economic potential for the underground mining operation [1][3]. Group 1: Project Overview - The Era Dorada Project is located in Jutiapa, Guatemala, approximately 160 km from Guatemala City and 9 km from the El Salvador border, covering an area of 15.25 km² [4]. - The project is accessible year-round via the Pan-American Highway and is situated in a tropical dry forest climate with elevations between 450–560 meters above sea level [5]. Group 2: Economic Assessment Highlights - The PEA estimates a capital expenditure (Capex) of US$264 million, an after-tax net present value (NPV) of US$485 million, and an unleveraged after-tax internal rate of return (IRR) of 24% based on a gold price of US$2,410 per ounce [3][6]. - The project anticipates total production of approximately 1.4 million ounces of gold over a 17-year life of mine, with an average production of 91,000 ounces in the first four years [6]. Group 3: Mineral Resource Estimates - Indicated mineral resources are estimated at 1.9 million ounces of gold, based on 6.35 million tonnes at a grade of 9.31 grams per tonne [6][18]. - The project has a total initial implementation Capex of approximately US$264 million, with a payback period of about 3.5 years after operations commence [6]. Group 4: Historical Context and Development - The Era Dorada Project was initially identified by Mar-West in 1998 and has undergone extensive exploration and development by various companies, including Goldcorp and Bluestone Resources [10][8]. - As of the end of 2021, Bluestone had drilled approximately 267 holes totaling 45,725 meters on the property since acquiring it from Goldcorp [10]. Group 5: Environmental and Social Considerations - Aura is committed to collaborating with local authorities and government agencies to ensure that the Era Dorada Project meets high environmental and social standards under its Aura 360 culture [3][22].
Aura Minerals Announces the Results of the Preliminary Economic Assessment for the Era Dorada Project
Globenewswire· 2025-06-10 01:49
Core Viewpoint - Aura Minerals Inc. has filed a preliminary economic assessment (PEA) for its wholly owned Era Dorada Project, indicating strong economic potential for the underground mining operation with significant projected returns [1][4]. Group 1: Project Overview - The Era Dorada Project, previously known as the Cerro Blanco Project, is located in Jutiapa, Guatemala, approximately 160 km from Guatemala City and near the El Salvador border [2][5]. - The project covers an area of 15.25 km and is situated entirely within the municipality of Asunción Mita, which has a population of about 18,500 [5][7]. - The project is accessible year-round via the Pan-American Highway and features a tropical dry forest climate with elevations between 450–560 meters above sea level [6]. Group 2: Economic Assessment Highlights - The PEA estimates a capital expenditure (Capex) of approximately US$264 million, with an after-tax net present value (NPV) of US$485 million and an unleveraged after-tax internal rate of return (IRR) of 24% based on a gold price of US$2,410 per ounce [4][6]. - The project anticipates total production of approximately 1.4 million ounces of gold over a 17-year life of mine, with an average production of 91,000 ounces in the first four years [6][8]. Group 3: Mineral Resource Estimates - The indicated mineral resources for the Era Dorada Project are estimated at 1.9 million ounces of gold, based on 6.35 million tonnes at a grade of 9.31 grams per tonne [6][19]. - The resource estimate includes a measured and indicated category of 6,349 kt at an average grade of 9.31 g/t for gold and 31.54 g/t for silver, containing 1,901 koz of gold and 6,439 koz of silver [19][21]. Group 4: Historical Context and Development - The Era Dorada Project was initially identified by Mar-West in 1998 and has undergone extensive exploration and development since its acquisition by Goldcorp in 2006 [9][12]. - Bluestone Resources acquired the project in 2017 and has since drilled approximately 267 holes for a total of 45,725 meters [10][12].
Goliath Resources Provides Update on Upcoming Private Placements
Globenewswire· 2025-06-10 01:31
Core Viewpoint - Goliath Resources Limited has amended the exercise price of common share purchase warrants related to its recent private placements, which include a "bought deal" offering and a concurrent offering, with the new exercise price set at C$2.12 per share [4]. Group 1: Offerings and Financial Details - The Company is conducting a "bought deal" private placement of 6,310,000 common shares at a price of C$3.17 per share, aiming for gross proceeds of C$20,002,700 [1]. - A concurrent offering of up to 1,281,545 Charity Flow-Through Shares is also being conducted at the same price of C$3.17 per share, targeting gross proceeds of up to C$4,062,500 [1]. - The Underwriters will receive a cash commission of 6.0% of the gross proceeds from the Bought Deal Offering and warrants equal to 6.0% of the shares sold [2]. - Finders involved in the Concurrent Offering will receive a similar compensation structure, including a cash fee of 6.0% and warrants [3]. Group 2: Amendments and Regulatory Approvals - The exercise price for both the Broker Warrants and Finder's Warrants has been amended from C$1.95 to C$2.12 per common share, while other terms remain unchanged [4]. - The closing of both the Bought Deal Offering and the Concurrent Offering is subject to regulatory approvals, including that of the TSX Venture Exchange [5]. Group 3: Company Background - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with all projects located in favorable geological and geopolitical settings [7]. - The Company has strategic cornerstone shareholders, including Crescat Capital and McEwen Mining Inc., indicating strong backing in the industry [7].
Uniti Group Inc. Announces Pricing of Senior Notes Offering
GlobeNewswire· 2025-06-10 01:30
Group 1 - Uniti Group Inc. announced the pricing of $600 million aggregate principal amount of 8.625% Senior Unsecured Notes due 2032, with an issue price of 100.000% [1] - The net proceeds from the offering will be used to fund the partial redemption of $500 million aggregate principal amount of outstanding 10.50% senior notes due 2028, with the redemption expected to occur on June 24, 2025 [2] - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers [3] Group 2 - Uniti is an internally managed real estate investment trust engaged in the acquisition and construction of mission-critical communications infrastructure, owning approximately 147,000 fiber route miles and 8.8 million fiber strand miles as of March 31, 2025 [5]
High-Trend International Group Appoints Brian B. Su as Independent Director and Chairman of the Compensation Committee
Prnewswire· 2025-06-10 01:30
Core Viewpoint - High-Trend International Group has appointed Mr. Brian B. Su as an Independent Director and Chairman of the Compensation Committee, which is expected to enhance the company's governance and strategic direction as it expands globally [1][6]. Group 1: Appointment Details - Mr. Brian B. Su brings over 30 years of experience in cross-border investment, regulatory strategy, and market expansion to the company [2]. - He is the Founder and President of Artisan Business Group, Inc., a consultancy that has advised numerous businesses on market entry strategies and international business development [2][4]. - Mr. Su has a background in the Illinois state government, where he oversaw contract compliance and regulatory enforcement in public infrastructure projects [3]. Group 2: Expertise and Contributions - Mr. Su has advised businesses in various industries, including logistics, energy, and maritime transport, and has experience in leading international delegations and facilitating investment missions [4]. - He holds a Master of Public Administration from the University of Illinois at Springfield and a Bachelor of Arts in English Language and Literature from Guizhou University in China, providing him with cross-cultural insights [5]. - The CEO of High-Trend International Group expressed confidence that Mr. Su's expertise in regulatory compliance and international trade will be critical for the company's growth and governance practices [6]. Group 3: Company Overview - High-Trend International Group is a Nasdaq-listed global shipping and logistics company focused on sustainable maritime solutions and international trade [7]. - The company is committed to driving innovation and operational excellence in ocean-based transportation and logistics, with a growing presence in key markets [7].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces the Investigation of Humana Inc. (NASDAQ: HUM) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-06-10 01:28
Company Overview - Humana Inc. is a for-profit health insurance company that provides Medicare Advantage, individual and group insurance, pharmacy benefit management, and integrated care services through its CenterWell network [3] Allegations and Legal Issues - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Humana, stemming from allegations of providing misleading business information to investors [1] - On June 5, 2025, The Wall Street Journal reported that Humana supports congressional efforts to reform Medicare billing practices, which have generated billions in extra payments for the health insurance industry [4] - Humana's support includes restrictions on payments for home-visit diagnoses, which accounted for $15 billion in revenue for Medicare Advantage insurers from 2019 to 2021 [4] - The investigation follows a False Claims Act Complaint filed by the Department of Justice against Humana and other major insurers for allegedly providing kickbacks to insurance brokers for enrolling customers in Medicare Advantage plans between 2016 and 2021 [4] Stock Performance - Following the announcement of the DOJ lawsuit, Humana's stock declined by $6.20 per share, or 2.36%, closing at $256.04 per share on May 1, 2025 [5]