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TrustBIX Inc. Announces Extension to Private Placement
Newsfile· 2025-08-20 20:35
Core Points - TrustBIX Inc. has announced an extension for its non-brokered private placement, allowing it to complete the offering by September 2, 2025, with a maximum of 10,000,000 units priced at $0.04 each, aiming for gross proceeds of up to $400,000 [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at $0.08 for two years [3]. - If the closing price of the common shares exceeds $0.12 for 20 consecutive trading days, TrustBIX can accelerate the expiry date of the warrants [3]. - The proceeds from the private placement will be utilized for general working capital, including inventory acquisition to support ongoing operations [4]. Group 2: Regulatory and Compliance Information - The common shares will be sold under prospectus exemptions available under National Instrument 45-106, targeting accredited investors, employees, executives, directors, consultants, and existing security holders [5]. - The securities issued will be subject to a statutory hold period of four months and one day following the closing of the private placement [4]. Group 3: Company Overview - TrustBIX is an agricultural technology company focused on providing Gate to Plate® solutions aimed at enhancing trust, reducing waste, and promoting sustainable practices within the agri-food sector [6].
Guess? Shares Are Trading Higher Wednesday: What's Going On?
Benzinga· 2025-08-20 20:31
Guess?, Inc. GES stock is trading higher on Wednesday amid the announcement that the company will go private in a $1.4 billion deal with Authentic Brands. Find out how GES shares are doing now.What To Know: Under the definitive agreement, co‑founders Maurice Marciano, Paul Marciano and CEO Carlos Alberini, together with Authentic Brands Group, will take Guess? private. Shareholders will receive $16.75 per share in cash — about a 73% premium to the unaffected closing price on March 14, 2025, the last trading ...
BNED INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigating Barnes & Noble Education, Inc. on Behalf of Barnes & Noble Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-08-20 20:31
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Barnes & Noble Education, Inc. for possible violations of federal securities laws and unlawful business practices [1][3]. Group 1: Investigation Details - The investigation is prompted by a delay in Barnes & Noble's annual report for the fiscal year ended May 3, 2025, due to an ongoing inquiry into the recording of digital sales costs [3]. - Initial findings suggest that Barnes & Noble may have overstated accounts receivable by up to $23 million and expects to report at least one material weakness related to manual journal entries [3]. Group 2: Market Reaction - Following the announcement of the investigation, Barnes & Noble's stock price dropped by $2.36 per share, or 21.02%, closing at $8.87 per share on July 21, 2025 [4]. Group 3: Legal Support - Investors who have suffered losses and wish to discuss their legal rights are encouraged to contact Bragar Eagel & Squire, P.C. for assistance [1][5].
Osisko Metals Announces Uplisting to Toronto Stock Exchange
Globenewswire· 2025-08-20 20:30
Core Viewpoint - Osisko Metals Incorporated is uplisting to the Toronto Stock Exchange (TSX) from the TSX Venture Exchange (TSXV), effective August 22, 2025, which is expected to enhance the company's visibility and access to a broader investor base [1][3][4]. Company Overview - Osisko Metals is a Canadian exploration and development company focused on critical metals, particularly copper and zinc [5]. - The company acquired a 100% interest in the Gaspé Copper mine from Glencore Canada Corporation in July 2023, which is located in Québec's Gaspé Peninsula [5]. - The Gaspé Copper project has current Indicated Mineral Resources of 824 million tonnes (Mt) grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq [5]. - The Gaspé Copper mine hosts the largest undeveloped copper resource in eastern North America [5]. Project Details - In addition to the Gaspé Copper project, the company is advancing the Pine Point project, one of Canada's largest past-producing zinc mining camps, through a joint venture with Appian Capital Advisory LLP [6]. - The Pine Point project has current Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq [6].
MDWerks’ Two Trees Beverage Subsidiary Announces Debut of Crusher Claw, a Private Label Flavored Whiskey Produced for Pinchy’s Restaurant Group, LLC
Globenewswire· 2025-08-20 20:30
GREEN COVE SPRINGS, Fla., Aug. 20, 2025 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTCQB: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today announced that its award-winning subsidiary, Two Trees Beverage Company (“Two Trees”), has commenced production of Crusher Claw, a private label flavored whiskey for Pinchy's Restaurant Group, LLC (“Pinchy’s”), which owns the highly touted Pinchy’s Lobster & Raw Bar restaurants in Sevierville, Tenness ...
Wheels Up Announces Divestiture of Non-Core Services Businesses
Prnewswire· 2025-08-20 20:30
Continued streamlining of business operations to further company's profitability goalsATLANTA, Aug. 20, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) today announced that it has sold three non-core services businesses – Baines Simmons, Kenyon International Emergency Services and Redline Assured Security – to an unrelated third party for approximately $20 million in proceeds before transaction-related expenses. Wheels Up expects to reinvest the net proceeds from the sale to further its ongoing fl ...
Hybrid Power Solutions closes Debenture Financing
Thenewswire· 2025-08-20 20:30
Toronto, Ontario – August 20, 2025 – TheNewswire - Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) ("Hybrid" or the "Company") is pleased to announce the completion of the non-brokered private placement offering of secured convertible debentures for gross proceeds of Cdn $500,000. The non-brokered private placement was previously announced on August 13, 2025. Funds from this debenture will support production needs for an existing order for two Terras from a major construction company and t ...
Ribbon Attends Two Upcoming Investor Conferences
Prnewswire· 2025-08-20 20:30
Group 1 - Ribbon Communications Inc. is a global leader in real-time communications technology and IP optical networking solutions, committed to modernizing and safeguarding networks for service providers, enterprises, and critical infrastructure providers [1][2] - The company offers a comprehensive portfolio of secure cloud communications and IP optical networking solutions, focusing on enhancing competitive positioning and business outcomes for customers [2] - Ribbon emphasizes its commitment to Environmental, Social, and Governance (ESG) matters, providing an annual Sustainability Report to stakeholders [2] Group 2 - Ribbon Communications will participate in the Jefferies Semiconductor, IT Hardware & Comm Tech Summit in Chicago on August 26 and 27, 2025, and the TD Securities Technology Growth Cap Summit in New York on September 4, 2025 [5]
Twin Disc to Present at Midwest IDEAS Conference
Globenewswire· 2025-08-20 20:30
MILWAUKEE, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that Chief Executive Officer John Batten and Chief Financial Officer Jeff Knutson are presenting at the Three Part Advisors Midwest IDEAS Conference in Chicago on Wednesday, August 27 at 7:55 am Central. In conjunction with the event, Twin Disc executives will be available to participate in one-on-one meetings with investors registered to attend the conference. The event will be streamed live via a webcast available ...
Torex Gold Announces Completion of Reyna Silver Acquisition
Newsfile· 2025-08-20 20:30
Core Viewpoint - Torex Gold Resources Inc. has completed the acquisition of Reyna Silver for approximately $26 million, adding four exploration properties in Mexico and Nevada to its portfolio [1][2]. Company Overview - Torex Gold Resources Inc. is a Canadian mining company focused on the exploration, development, and production of gold, copper, and silver, with its flagship Morelos Complex being Mexico's largest single gold producer [5]. - The company has recently acquired early-stage exploration properties, including Batopilas and Guigui in Mexico, and Gryphon and Medicine Springs in Nevada [5]. Strategic Objectives - The company's key strategic objectives include delivering Media Luna to full production, optimizing Morelos production and costs, growing reserves and resources, and maintaining responsible mining practices [6]. Exploration Plans - Initial exploration programs for 2025 will focus on the Batopilas property in Chihuahua, Mexico, and the Gryphon property in Nevada, with planned investments of approximately $500,000 and $1.1 million respectively [4][3]. - In 2026, exploration efforts will expand to include the Guigui property and the Medicine Springs property [3]. Financial Details - The acquisition of Reyna Silver was completed following shareholder approval, with Torex paying C$0.13 per share for all outstanding common shares [1].