Atico Mining Files Amended and Restated Rights Offering Circular and LIFE Offering Document
Globenewswire· 2025-06-13 22:30
Core Viewpoint - Atico Mining Corporation is conducting a Rights Offering and a LIFE Offering to raise a total of approximately $8,536,592 to support its operations and financial commitments [3][4]. Group 1: Offerings Details - The Rights Offering aims to raise gross proceeds of up to approximately $5,336,592, while the LIFE Offering is expected to generate up to approximately $3,200,000 [3]. - The amended Offering Documents include a term sheet with Trafigura PTE. Ltd. regarding an amendment and extension of the existing secured credit agreement [2][3]. - The Offering Documents will be available on SEDAR+ and the company's website for prospective investors [4]. Group 2: Company Overview - Atico Mining Corporation focuses on exploring, developing, and mining copper and gold projects in Latin America, generating significant cash flow from the El Roble mine and developing the La Plata VMS project in Ecuador [6].
Crispr Therapeutics: Betting On A One-Shot Future
Seeking Alpha· 2025-06-13 22:27
Core Insights - The article discusses Crispr Therapeutics AG's diversified gene-editing pipeline and highlights a strong cash position of $2.1 billion, which supports its ongoing projects [1]. Group 1 - The company has a diversified gene-editing pipeline that is crucial for its growth and innovation in the biotech sector [1]. - The strong cash position of $2.1 billion provides a solid financial foundation for the company's research and development efforts [1].
In NCLA Amicus Win, Supreme Court Revives Innocent Family's Suit over FBI's Wrong-House Raid
GlobeNewswire News Room· 2025-06-13 22:23
Core Points - The U.S. Supreme Court unanimously reversed the Eleventh Circuit's dismissal of Martin v. United States, allowing the Martin family to pursue their Federal Tort Claims Act (FTCA) suit against the government for a wrong-house raid in 2017 [1] - The Supreme Court's ruling emphasizes that the FTCA provides an exclusive remedy for damages claims arising from federal employees' official conduct, and the Supremacy Clause cannot be used as a defense in FTCA lawsuits [3] Summary by Sections Case Background - The Martin family filed FTCA claims against the government for assault, battery, and false imprisonment after FBI agents mistakenly raided their home, resulting in traumatic experiences for the family [2] - The Eleventh Circuit previously upheld the dismissal of the case, citing that the agents' actions did not violate "clearly established" law and granted total governmental immunity [2] Supreme Court Ruling - The Supreme Court's decision does not determine the applicability of the "discretionary function" exception in this case but mandates the Eleventh Circuit to reconsider the case [3] - Justice Sotomayor highlighted the importance of the 1974 amendment to the FTCA, which was intended to provide a cause of action for victims of wrong-house raids [3] Implications for Law Enforcement Accountability - The ruling reinforces that law enforcement officers cannot evade accountability for their actions, particularly in cases where Congress has explicitly provided for redress [5] - NCLA representatives expressed that the decision is a significant step towards ensuring that innocent civilians have meaningful remedies against federal law enforcement abuses [4][5]
Oracle Rises 4.7% After Key Trading Signal
Benzinga· 2025-06-13 22:20
Core Insights - Oracle Inc. (ORCL) experienced a significant trading signal known as Power Inflow at a price of $206.95, indicating a potential uptrend and a bullish sign for traders [1][5]. Group 1: Trading Signals - The Power Inflow is a crucial indicator for traders, reflecting institutional activity and suggesting a possible upward movement in Oracle's stock [1][3]. - Active traders interpret the Power Inflow as a bullish signal, which can guide their trading decisions [2][5]. Group 2: Market Analysis - Order flow analytics, which includes the study of buy and sell orders, helps traders gain insights into market conditions and identify trading opportunities [2][4]. - The Power Inflow typically occurs within the first two hours of market opening and can influence the stock's direction for the remainder of the trading day [3]. Group 3: Performance Metrics - Following the Power Inflow, Oracle's stock reached a high price of $216.59 and a close price of $215.22, resulting in returns of 4.7% and 4% respectively [8].
NSSC Deadline: NSSC Investors with Losses in Excess of $100K Have Opportunity to Lead NAPCO Security Technologies, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-06-13 22:10
Core Viewpoint - Rosen Law Firm is reminding investors who purchased NAPCO Security Technologies, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 24, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased NAPCO securities between February 5, 2024, and February 3, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 24, 2025 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting their own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4]. Group 3: Case Allegations - The lawsuit alleges that NAPCO made false and misleading statements regarding its revenue outlook and growth potential, downplaying risks associated with seasonality and macroeconomic factors [5]. - It is claimed that NAPCO's optimistic margin growth goals were unrealistic, as the company was unable to accurately forecast product demand, leading to investor damages when the true situation was revealed [5].
Solid Power: Slow Progress
Seeking Alpha· 2025-06-13 22:09
Core Insights - The article discusses the importance of conducting thorough research before making investment decisions, emphasizing that past performance does not guarantee future results [2][3] Company and Industry Analysis - The article highlights that analysts may have no current positions in the stocks mentioned, indicating a level of objectivity in the analysis [1] - It notes that the information provided is for informational purposes only and should not be considered as a solicitation to buy or sell securities [2] - The article stresses the necessity for investors to reach their own conclusions or consult a financial advisor before making investment decisions [2]
Red White & Bloom Brands Provides Update on Status of Annual Filings
Globenewswire· 2025-06-13 22:00
Core Viewpoint - Red White & Bloom Brands Inc. is currently under a management cease trade order (MCTO) due to delays in filing its financial statements for the fiscal year ended December 31, 2024, and is providing updates on the status of this order [1][2]. Group 1: Management Cease Trade Order (MCTO) - The MCTO was granted on May 1, 2025, by the British Columbia Securities Commission under National Policy 12-203 [1][2]. - The company is required to issue bi-weekly default status reports while remaining in default of the Annual Filings requirement [5]. Group 2: Financial Filings Update - The audit for the Annual Filings is ongoing, with an expected update on the timing around June 23, 2025, if the filings are not completed by then [3]. - The company is also working on its interim financial statements for the first quarter ended March 31, 2025, which will be filed within five business days after the Annual Filings are completed [3]. Group 3: Trading Status - During the MCTO, the general investing public can continue to trade the company's common shares, but the company's CEO, president, and CFO are prohibited from trading [4]. Group 4: Company Overview - Red White & Bloom Brands Inc. 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 [6].
Black Iron Announces 2025 AGM Results
Globenewswire· 2025-06-13 22:00
Core Points - Black Iron Inc. held its annual and special meeting of shareholders on June 13, 2025, where nominees listed in the management information circular dated May 6, 2025, were elected as directors of the Company [1] - A total of 34,637,832 common shares were voted at the Meeting, representing approximately 11.3% of the issued and outstanding common shares of the Company [3] Election Results - Matthew Simpson received 22,279,344 votes for (99.823%) and 39,569 votes withheld (0.177%) [2] - Bruce Humphrey received 22,186,338 votes for (99.406%) and 132,575 votes withheld (0.594%) [2] - John Detmold received 22,156,338 votes for (99.272%) and 162,575 votes withheld (0.728%) [2] - Pierre Pettigrew received 22,280,344 votes for (99.827%) and 38,569 votes withheld (0.173%) [2] - David Porter received 21,903,338 votes for (98.138%) and 415,575 votes withheld (1.862%) [2] - Zenon Potoczny received 22,279,344 votes for (99.823%) and 39,569 votes withheld (0.177%) [2] Company Overview - Black Iron is an iron ore exploration and development company focused on its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih, Ukraine [4] - The project is surrounded by five other operating mines, including Metinvest's YuGOK and ArcelorMittal's iron ore complex [4]
Chesapeake Gold Closes $4.4 Million Private Placement with Eric Sprott
Newsfile· 2025-06-13 22:00
Core Viewpoint - Chesapeake Gold Corp. has successfully completed a non-brokered private placement, raising gross proceeds of $4,440,000 through the issuance of 3,700,000 units at a price of $1.20 per unit, with Eric Sprott as the sole investor [1][2][3]. Group 1: Private Placement Details - The private placement consists of units, each comprising one common share and one-half common share purchase warrant, with each warrant exercisable at $1.65 for three years [1][2]. - The net proceeds will be allocated to advancing the company's proprietary oxidative leach technology, ongoing exploration projects including the Lucy project, and general working capital [2]. Group 2: Investor Information - Eric Sprott, through 2176423 Ontario Ltd., acquired 3,700,000 units for a total consideration of $4,440,000, increasing his ownership from approximately 13.4% to 17.9% of the outstanding common shares on a non-diluted basis [3][4]. - After the private placement, Sprott holds 12,883,499 common shares and 1,850,000 warrants, representing 19.9% of the outstanding common shares on a partially diluted basis [4]. Group 3: Regulatory and Compliance - The participation of Eric Sprott in the private placement is classified as a "related party transaction" under TSX Venture Exchange policies, and the company has relied on exemptions from formal valuation and minority shareholder approval requirements [7]. - The securities issued are subject to a hold period expiring on October 14, 2025, and the private placement is pending final approval from the TSXV [8]. Group 4: Company Overview - Chesapeake Gold Corp.'s flagship asset is the Metates Project in Durango State, Mexico, which hosts one of the largest undeveloped gold-silver deposits in the Americas, with over 16.77 million ounces of gold and 423.2 million ounces of silver in the Measured and Indicated Mineral Resource category [12].
Pampa Metals Announces $5 million LIFE Offering
Thenewswire· 2025-06-13 21:55
June 13, 2025– Vancouver, British Columbia – TheNewswire - Pampa Metals Corp. (“Pampa Metals” or the “Company”) (CSE: PM / FSE: FIRA / OTCQX®: PMMCF) is pleased to announce a non-brokered private placement for gross proceeds of a minimum of $4,000,000 and a maximum of $5,000,000, through the issue of up to 31,250,000 shares at a price of $0.16 per share. Canaccord Genuity Corp. has been appointed as financial advisor to the Company in connection with the LIFE Offering. The shares will be offered to pur ...