Bunker Hill Announces C$45 Million “Bought Deal” Private Placement of Units
Globenewswire· 2025-09-05 11:04
Core Points - Bunker Hill Mining Corp. has entered into an agreement for a bought deal private placement to raise C$45,000,000 by issuing 375,000,000 units at C$0.12 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of a share at C$0.17 for 60 months [2] - The offering is expected to close on September 29, 2025, subject to regulatory approvals [7] Financial Details - A cornerstone investor is expected to subscribe for approximately US$19,600,000, while another is expected to subscribe for US$5,000,000 [4] - The net proceeds will be used for advancing the construction of the Bunker Hill Mine and for general corporate purposes [5] - The underwriters will receive a cash commission of 6.0% of the gross proceeds and non-transferable compensation options equal to 6.0% of the units sold [8] Regulatory and Compliance - The offering is being made to eligible purchasers in Canada and other mutually agreed jurisdictions, subject to compliance with regulatory requirements [6] - The securities will be subject to a statutory hold period of four months and one day in Canada [10]
OrthoPediatrics Corp. Announces Distribution Agreement with MY01 Inc.
Globenewswire· 2025-09-05 11:00
Company Overview - OrthoPediatrics Corp. focuses exclusively on pediatric orthopedics and has developed a comprehensive product offering to improve the lives of children with orthopedic conditions, currently marketing over 80 products across three major categories: trauma and deformity, scoliosis, and sports medicine [5] - MY01, founded in 2019, specializes in medical technology aimed at transforming the diagnosis of limb perfusion injuries through its Continuous Perfusion Sensing Technology™ (CPST™) Platform, which provides real-time data to support better decision-making in trauma care [4] Partnership Announcement - OrthoPediatrics has announced a new distribution partnership with MY01 to expand access to the CPST™ Platform for pediatric patients, particularly those at risk for acute compartment syndrome [1][3] - The partnership aims to ensure clinicians have the necessary tools and training to reduce variability in care and optimize outcomes for pediatric patients, thereby avoiding unnecessary surgeries and complications [3] Industry Context - Acute compartment syndrome is a critical emergency condition that primarily affects children with specific orthopedic injuries, making timely diagnosis essential [2] - The collaboration between OrthoPediatrics and MY01 is positioned to address the challenges in diagnosing acute compartment syndrome in pediatric patients, who may have difficulty communicating their pain [2][3]
OTC Markets Group Welcomes Horizon Kinetics Holding Corporation to OTCQX
Globenewswire· 2025-09-05 11:00
Core Insights - Horizon Kinetics Holding Corporation has qualified to trade on the OTCQX Best Market, marking a significant upgrade from the OTCID Basic Market [1][4] - The company will begin trading under the symbol "HKHC" and U.S. investors can access its financial disclosures and real-time quotes on the OTC Markets website [2] - The OTCQX Market is designed for investor-focused companies, requiring them to meet high financial standards and adhere to best practices in corporate governance [3] Company Overview - Horizon Kinetics Holding Corporation primarily provides investment advisory services through its subsidiary, Horizon Kinetics Asset Management LLC, which is a registered investment advisor [5] - The company specializes in independent proprietary research and investment advisory services for both long-only and alternative value-based investing strategies [5] OTC Markets Group Overview - OTC Markets Group Inc. operates regulated markets for trading approximately 12,000 U.S. and international securities, with a focus on data-driven disclosure standards [6] - The group offers various market tiers, including OTCQX Best Market, OTCQB Venture Market, OTCID Basic Market, and Pink Limited Market, facilitating efficient access to U.S. financial markets [6]
New Found Gold and Maritime Enter into Definitive Agreement to Combine; Combination Creates an Emerging Canadian Gold Producer
Prnewswire· 2025-09-05 11:00
Core Viewpoint - New Found Gold Corp. has entered into a definitive agreement to acquire Maritime Resources Corp., creating a multi-asset near-term gold producer in a tier 1 jurisdiction with significant operational synergies [1][2][3] Transaction Overview - New Found Gold will acquire all outstanding common shares of Maritime not already owned, with an exchange ratio of 0.75 New Found Gold shares for each Maritime share, implying a 32% premium based on the 20-day VWAP [1][4][13] - The implied equity value of the transaction is approximately $292 million on a fully-diluted basis [4] Strategic Rationale - The acquisition positions New Found Gold as an emerging gold producer, with production expected to commence in 2027 from the Queensway Gold Project and in early 2026 from the Hammerdown Gold Project [2][3][11] - Significant operational synergies are anticipated through existing infrastructure, including the Pine Cove Mill and Nugget Pond Hydrometallurgical Gold Plant, which will support the development of Queensway [2][11] Benefits to Shareholders - Maritime shareholders will receive immediate and significant premiums, with a 32% premium based on the 20-day VWAP and a 56% premium to the closing price prior to the letter of intent [4][11] - The transaction allows Maritime shareholders to retain exposure to Hammerdown while gaining access to New Found Gold's high-grade Queensway project [11][19] Production and Financial Metrics - Hammerdown is expected to ramp up to full production in early 2026, with annual production of 50,000 ounces at an all-in sustaining cost (AISC) of US$912 per ounce [9][11] - The combined entity is projected to generate significant cash flow, with Hammerdown's cash flow expected to fund a material portion of the capital expenditures for Queensway [11][17] Board and Advisor Recommendations - The Maritime Board unanimously approved the transaction, stating it is in the best interests of Maritime shareholders [19][20] - Financial advisors for both companies have provided fairness opinions regarding the transaction [22][23] Closing Conditions - The transaction is subject to approval by Maritime shareholders and customary closing conditions, with completion expected in the fourth quarter of 2025 [15][19]
Aldebaran Announces Intention to Spin Out Northern Argentina Exploration Projects into a New Argentine-Focused Exploration Company and Provides an Update on the Altar PEA
Globenewswire· 2025-09-05 11:00
Core Viewpoint - Aldebaran Resources Inc. plans to transfer its project portfolio in Argentina into a new Canadian subsidiary, SpinCo, which will focus on copper, gold, and silver exploration while Aldebaran continues to concentrate on the Altar copper-gold project [1][9]. Company Developments - Sam Leung has been appointed as the CEO and Director of SpinCo, bringing 20 years of experience in the mining sector, particularly in South America [2][12]. - The reorganization aims to unlock additional value for shareholders by allowing them to maintain exposure to the Altar project while also receiving shares in SpinCo [9]. Project Highlights - **Rio Grande Project**: Best intercept recorded is 257.20 m of 0.53% Cu and 1.20 g/t Au, with drill permits expected in H1 2026 [4]. - **Aguas Calientes**: Located in Salta Province, with significant resources including 71.0 million tonnes of 0.30% Cu, 0.36 g/t Au, and 3.2 g/t Ag [7]. - **Other Projects**: Include El Camino, Oscara, La Frontera, and Catua, with various mineralization potentials and historical drilling results [7]. Next Steps - SpinCo plans to complete private financing to fund a field program in 2025/2026, focusing on geochemistry and geophysics to prepare Rio Grande and Aguas Calientes for drilling [14]. - The spinout of SpinCo shares to Aldebaran shareholders is expected to be completed under the Business Corporations Act (Alberta), with plans for a public listing [14].
Marex Group plc to Participate in Upcoming Barclays Global Financial Services Conference
Globenewswire· 2025-09-05 11:00
NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (Nasdaq: MRX) (“Marex”), the diversified global financial services platform, announces that Ian Lowitt, Group Chief Executive Officer, will be participating in a fireside chat at the Barclays Global Financial Services Conference. The event will take place on Monday, September 8th at 9:45 a.m. ET and will be available via webcast which can be accessed here: https://cc.webcasts.com/barc002/090825a_js/?entity=74_E8C2N3M About Marex:Marex Group plc (N ...
RedHill Biopharma Announces First Half 2025 Financial Results and Operational Highlights
Prnewswire· 2025-09-05 11:00
Extensive strategic, financial and operational overhaul has reshaped and refocused our business; Strong progress on multiple fronts Commercial and R&D Highlights: Corporate and financial highlights: TEL AVIV, Israel and RALEIGH, N.C., Sept. 5, 2025 /PRNewswire/ -- RedHill Biopharma Ltd. (Nasdaq: RDHL) ("RedHill" or the "Company"), a specialty biopharmaceutical company, today reported its first half of 2025 financial results and operational highlights for the six months ended June 30, 2025. Dror Ben-Asher, R ...
Medicenna to Participate at the H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-09-05 11:00
TORONTO and HOUSTON, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (TSX: MDNA, OTCQX: MDNAF), a clinical-stage cancer immunotherapy company focused on the development of Superkines, announced today that Dr. Fahar Merchant, President and CEO of Medicenna, will present and participate in one-on-one meetings at the H.C. Wainwright 27th Annual Global Investment Conference, taking place September 8-10, 2025, at the Lotte New York Palace Hotel in New York City. Det ...
Macerich To Present at BofA Securities 2025 Global Real Estate Conference
Globenewswire· 2025-09-05 11:00
Company Overview - Macerich is a fully integrated, self-managed, self-administered real estate investment trust (REIT) focused on high-quality retail real estate in densely populated U.S. markets [2] - The company's portfolio includes 40 million square feet of real estate, primarily consisting of interests in 37 retail centers [2] - Macerich has achieved a 1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for ten consecutive years from 2015 to 2024 [2] Upcoming Events - The company will present at the BofA Securities 2025 Global Real Estate Conference in New York on September 9, 2025, at 1:30 p.m. Eastern [1] - A live audio-only webcast of the presentation will be available on the company's Investor Relations website, with an online replay accessible afterward [1] Investor Relations - Macerich utilizes its Investor Relations website to disclose material nonpublic information and comply with Regulation FD [3] - Additional information can be found on social media platforms such as LinkedIn [3] - Reconciliations of non-GAAP financial measures to GAAP measures are available in the earnings release and supplemental filings on the Investor Relations website [3]
OTC Markets Group Welcomes Associated Capital Group, Inc. to OTCQX
Globenewswire· 2025-09-05 11:00
NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Associated Capital Group, Inc. (“AC”) (OTCQX: ACGP) has voluntarily delisted from the New York Stock Exchange and has qualified to trade on the OTCQX® Best Market. Associated Capital Group, Inc. begins trading today on OTCQX under the symbol “ACGP”. U.S. investors can find current financial disclosure and Real-Time Level 2 quot ...