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OTC Markets Group Welcomes Silver47 Exploration Corp. to OTCQX
Globenewswire· 2025-12-05 12:00
NEW YORK, Dec. 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 Silver47 Exploration Corp. (TSX-V: AGA; OTCQX: AAGAF), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Silver47 Exploration Corp. upgraded to OTCQX from the OTCQB® Venture Market. Silver47 Exploration Corp. begins trading today on OTCQX under the symbol “AAGAF.” U.S. investors can find current fi ...
Victoria's Secret & Co. Reports Third Quarter 2025 Results and Raises Full Year Guidance
Globenewswire· 2025-12-05 12:00
Core Insights - Victoria's Secret & Co. reported a strong third quarter for fiscal year 2025, with net sales of $1.472 billion, a 9% increase from $1.347 billion in the same quarter of 2024, exceeding previous guidance [3][7] - The company is raising its full-year outlook for net sales and adjusted operating income, indicating confidence in continued growth and a successful holiday season [6][7] Financial Performance - Net sales for the third quarter of 2025 were $1.472 billion, up 9% from $1.347 billion in Q3 2024, and total comparable sales increased by 8% [3][4] - The operating loss for Q3 2025 was $19 million, an improvement from a loss of $47 million in Q3 2024, while the net loss was $37 million, or $0.46 per diluted share, compared to a net loss of $56 million, or $0.71 per diluted share, in the prior year [4][23] - Adjusted operating income for Q3 2025 was breakeven at $0 million, better than the previously communicated guidance of an adjusted operating loss of $35 million to $55 million [5][27] Outlook - The company raised its full-year net sales forecast to a range of $6.450 billion to $6.480 billion, up from the previous guidance of $6.330 billion to $6.410 billion [6] - For Q4 2025, net sales are expected to be between $2.170 billion and $2.200 billion, compared to $2.106 billion in Q4 2024, with adjusted operating income projected to be between $265 million and $290 million [7][31] Strategic Initiatives - The CEO emphasized the execution of the "Path to Potential" strategy, which focuses on global growth, brand distinctiveness, and enhancing customer experience [2][6] - The company is prioritizing investments in product innovation and brand strength while managing costs effectively [2][4]
Mirasol Announces Change in Chief Financial Officer
Globenewswire· 2025-12-05 12:00
VANCOUVER, British Columbia, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the “Company” or “Mirasol”) announces that Carmen Cazares has retired from her role as Chief Financial Officer (“CFO”) of the Company. The Company is also pleased to announce that Francisco Del Castillo, has assumed the role of CFO effective December 1, 2025. Ms. Cazares has served as the CFO of the Company since 2022 and previously served as the Company’s Corporate Controller. “On behalf of our ...
Koryx Copper Provides Update on Zambia Projects with Definition of Drill Targets at Luanshya West and Completion of Regional Surface Geochemistry at Mpongwe
Globenewswire· 2025-12-05 12:00
Highlights: Multiple targets identified and confirmed for drill testing at Luanshya West.Successful drone magnetic survey, in-fill and extension of soil sampling, and pitting programs completed at Luanshya West.First pass regional surface geochemical sampling completed over Mpongwe License. Drill program planned for early 2026 to test targets at Luanshya West. VANCOUVER, British Columbia, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. (“Koryx” or the “Company”) (TSX-V: KRY) is pleased to provide updat ...
Signing Day Sports Shareholder Letter Details AI/HPC Infrastructure Opportunity with BlockchAIn Digital Infrastructure
Globenewswire· 2025-12-05 11:50
Core Viewpoint - Signing Day Sports is advancing a business combination with BlockchAIn Digital Infrastructure, which is expected to create significant long-term value for shareholders [2][6][15] Business Combination Details - The business combination agreement was initially signed on May 27, 2025, and amended on November 10, 2025 [2] - Upon closing, Signing Day Sports shareholders will receive approximately 8.5% of the combined company's common stock, valued at about $20 million, while BlockchAIn LLC's securityholders will receive approximately 91.5%, valued at around $215 million [3] - An earnout of 11.628% of total shares will be available to BlockchAIn LLC's securityholders if BlockchAIn Inc. achieves an EBITDA of $25 million for the fiscal year ending December 31, 2026 [3] Transaction Timeline - The transaction is anticipated to close in the first quarter of 2026, pending shareholder approval and NYSE American listing approval [5] Valuation Insights - The Signing Day Sports Board received two fairness opinions, with the latest indicating an enterprise value range for BlockchAIn of $515.3 million to $776.7 million, with a midpoint of $646 million [7] - The initial fairness opinion estimated an enterprise value range of $280 million to $378.7 million, with a midpoint of $329.3 million [8] Strategic Benefits - The combination is expected to enhance Signing Day Sports' platform features and create new revenue streams through third-party data hosting services in sports technology and education markets [14] - Signing Day Sports will remain a wholly owned subsidiary, preserving its mission and brand while benefiting from the combined entity's infrastructure and cash flow [14] Market Positioning - BlockchAIn aims to expand its portfolio of high-density compute assets for AI applications, bitcoin mining, and high-performance computing [11] - The digital infrastructure market is rapidly evolving, with increasing demand for energy-efficient processing power, positioning BlockchAIn to capitalize on various compute-intensive applications [12] Infrastructure Assets - Key assets include a 40 MW data center in South Carolina and a planned 150 MW data center campus in Texas, which will support both crypto mining and AI/HPC activities [13][18] - The Texas facility is designed for modular construction, providing flexibility for different revenue mixes [13]
Auction result of Treasury Bonds - RIKB 38 0215 - RIKS 29 0917
Globenewswire· 2025-12-05 11:30
Core Insights - The article discusses the results of two bond auctions, RIKB 38 0215 and RIKS 29 0917, highlighting the total amounts allocated, bids received, and yields associated with each auction [1]. Auction Results Summary - **Total Amount Allocated**: RIKB 38 0215 allocated a total of 380 million, while RIKS 29 0917 allocated 4,107 million [1]. - **Bids Received**: RIKB 38 0215 received 4 bids totaling 480 million, and RIKS 29 0917 received 14 bids totaling 4,307 million [1]. - **Successful Bids**: RIKB 38 0215 had 3 successful bids, all allocated in full, while RIKS 29 0917 had 12 successful bids, also all allocated in full [1]. - **Yield and Price**: The lowest price and highest yield for RIKB 38 0215 were 102.105 and 6.240 respectively, while for RIKS 29 0917, they were 101.181 and 3.160 respectively [1]. - **Weighted Averages**: The weighted average price/yield for successful bids in RIKB 38 0215 was 102.341 / 6.220, and for RIKS 29 0917, it was 101.222 / 3.148 [1]. - **Bid to Cover Ratio**: The bid to cover ratio for RIKB 38 0215 was 1.26, indicating a strong demand, while RIKS 29 0917 had a ratio of 1.05, suggesting moderate demand [1].
Parsons Positioned to Continue Advancing the Defense Threat Reduction Agency's Efforts to Counter and Mitigate Weapons of Mass Destruction
Globenewswire· 2025-12-05 11:30
Core Insights - Parsons Corporation has been awarded the Cooperative Threat Reduction Integration Contract (CTRIC) IV by the Defense Threat Reduction Agency (DTRA), highlighting its leadership in global threat reduction and security [1][3] - The contract has a ceiling value of $3.5 billion and includes a five-year base period with one five-year option period [1][2] Contract Details - Under the CTRIC IV contract, Parsons will compete for task orders aimed at reducing threats from weapons of mass destruction (WMD), including chemical, biological, radiological, and nuclear threats [2] - The efforts will involve eliminating, securing, or consolidating WMD and related materials, as well as assisting partner nations in enhancing their operational capabilities to prevent and detect illicit trafficking of WMD-related materials and technology [2] Company Positioning - Parsons has a long-standing partnership with DTRA and is committed to leveraging its national security solutions experience to support initiatives that counter WMD and emerging threats globally [3] - The CTRIC IV contract positions Parsons to continue its critical work with DTRA, further supporting the Cooperative Threat Reduction Directorate in addressing WMD-related threats [3] Company Overview - Parsons is recognized as a leading disruptive technology provider in national security and global infrastructure markets, with capabilities spanning cyber and electronic warfare, space and missile defense, and critical infrastructure protection [5]
Baltic Horizon Fund subsidiary BOF Sky SIA received notice of lease agreement termination
Globenewswire· 2025-12-05 11:26
Core Points - Baltic Horizon Fund's subsidiary BOF Sky SIA has received a notice of lease termination from tenant Skai Baltija for a shop of approximately 2,600 sq.m in Riga [1] - The management company considers this termination notice invalid as the lease agreement is unbreakable and runs until the end of 2029 [2] - The Fund plans to dispute the termination in court and seek compensation for any losses incurred if the tenant proceeds with the termination [2] Company Information - Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Baltic Horizon Capital AS, which holds an Alternative Investment Fund Manager license [3] - For further inquiries, the Fund manager Tarmo Karotam can be contacted via email [3]
Stellantis’ Shares to Win Employee Purchase Plan Reaches 22 Million Shares Subscribed in Over Three Years
Globenewswire· 2025-12-05 11:22
Core Insights - Stellantis' employee share purchase plan, Shares to Win, has successfully engaged over 235,000 employees across 20 countries, resulting in 22 million shares subscribed since its launch in 2023 [2][5][6] Group 1: Program Overview - Shares to Win is designed to foster employee engagement and pride, reflecting Stellantis' people-first mindset [3][4] - The program has been held annually since its inception in 2023, with the 2025 edition marking the third consecutive year [3][6] - The plan has expanded its reach, increasing the number of participating countries from previous years [3][6] Group 2: Financial Impact - A total of €209 million has been invested in the Shares to Win program, with €141 million from personal subscriptions and €68 million from Stellantis' matching contributions [5][6] - Employees collectively hold 2.8% of Stellantis' capital, an increase of 1.1 percentage points since October 2023 [5][8] Group 3: Employee Participation - The average investment per employee in 2025 exceeded €1,150, indicating strong participation [6][8] - The program offered a 20% discount on the Stellantis share price, with a subscription price of €6.52 [7] - Stellantis provided a matching contribution on personal investments, enhancing the incentive for employees to participate [7]
All conditions met – the Danish FSA approves merger between Sydbank A/S, Arbejdernes Landsbank and Vestjysk Bank
Globenewswire· 2025-12-05 11:20
Core Points - The Danish FSA has approved the merger between Sydbank A/S, Arbejdernes Landsbank, and Vestjysk Bank, satisfying all conditions for completion [3] - The merger was previously approved by the Danish Competition and Consumer Authority [2] - General meetings for the three banks were held on December 2, 3, and 4, 2025, where the merger was approved [2] Company Details - The merger will be registered with the Danish Business Authority on December 8, 2025 [3] - The last trading day for shares in Vestjysk Bank A/S is set for December 9, 2025, with the exchange of shares expected on December 12, 2025 [3] - The exchange of shares in Arbejdernes Landsbank is also expected to occur on December 12, 2025 [3]