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St. James Gold Announces Closing of the Final Release and Settlement Agreement
Globenewswire· 2025-08-22 13:15
Core Viewpoint - St. James Gold Corp. has successfully closed a Settlement Agreement with Florin Resources Inc., which includes the reassignment of secured promissory notes and participation in a private placement, allowing the company to move forward with its development projects [1][2][3]. Group 1: Settlement Agreement Details - The Settlement Agreement involved the reassignment of two secured promissory notes with a combined principal amount of $1,176,598.76 [1]. - Florin agreed to participate in the company's private placement by acquiring 1,052,632 common shares at a price of $0.095 per share [2]. - The company has reassigned the principal amount of the notes to lenders who provided $435,000 cash for closing, with the debt being held as long-term and unsecured [3]. Group 2: Company Developments - The Settlement Agreement releases all claims, allowing the company to focus on the development of its Grub Line Property in Newfoundland [3]. - The company expressed gratitude to its shareholders for their patience during this challenging period [4]. - The company is focused on creating shareholder value through the discovery and development of economic mineral deposits by acquiring prospective exploration projects [5]. Group 3: Financial Transactions - The settlement included a cash payment of $435,000 to Florin and the issuance of a total of 2,105,264 common shares for debt at a deemed price of $0.095 per share [7]. - The company also agreed to remove its objection to the release of 850,000 common shares held in escrow and transferred its Quinn Lake Property to Florin [7].
Graphjet's graphite is now up to standards, now finalizing collaborations, supply agreements and offtake agreements
Globenewswire· 2025-08-22 13:05
New York, United States, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or “the Company”) is now able to produce graphite that is up to the standard and the graphite produced can be used as battery anode material. With this, the Company will now move ahead to finalise collaborations, supply agreements and offtake agreements with its customers in the coming weeks. Whilst the upcoming share consolidation might reduce the number of shares trading in the market, the Company has initiated step ...
Árshlutauppgjör Íslandshótela hf. fyrir fyrstu sex mánuði ársins 2025
Globenewswire· 2025-08-22 12:50
Core Insights - The financial performance of Íslandshótela hf. remained stable year-on-year for the first half of 2025, despite a slight decrease in tourist arrivals and increased operational costs [1][3][7] Financial Performance - Revenue for the first six months of 2025 was 6,477.8 million ISK, down from 6,691 million ISK in 2024, representing a decrease of approximately 3.2% [9] - EBITDA for the same period was 688.7 million ISK, compared to 735 million ISK in 2024, indicating a decline of about 6.3% [9] - The net loss after tax was 1,146.8 million ISK, slightly improved from a loss of 1,201.2 million ISK in 2024 [9] - Book equity at the end of June 2025 was 24,599.2 million ISK, down from 25,746 million ISK at the end of 2024 [9] - The equity ratio at the end of the period was 37.8%, an increase from 36.3% at the end of 2024 [9] Market Trends - The number of tourists visiting Iceland in the first half of 2025 was 955,000, a decrease of nearly 1% from 963,000 in the same period of 2024, with a significant drop of over 9% in the first three months of 2025 [3][4] - A positive trend was observed in July 2025, with a 9% increase in tourist arrivals compared to the previous year, leading to an 11.6% increase in company revenues [4][7] Strategic Developments - The company sold Fosshótel Hekla, which had been closed for some time, as part of efforts to improve operations and increase profitability [4] - A merger between Íslandshótela hf. and Fosshótels Reykjavík ehf. was approved, effective retroactively from January 1, 2025, aimed at simplifying operations and enhancing competitiveness [5] - The expansion of Hotel Reykjavík Grand is underway, representing the largest project in the company's history, focusing on increasing room capacity and improving conference facilities [6][7]
Liberty Defense Engages Gold Standard Media LLC
Globenewswire· 2025-08-22 12:45
WILMINGTON, Mass., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FSE:E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, announces that it has entered into a marketing agreement dated August 15, 2025, with Gold Standard Media, LLC (“GSM”) and its affiliates to raise general awareness of the Company among investors. The agreement remains subject to acceptance of the TSX ...
Hudson Global Declares Partial Cash Dividend for its 10% Series A Cumulative Perpetual Preferred Stock
Globenewswire· 2025-08-22 12:35
OLD GREENWICH, Conn., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON, HSONP) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today that its Board of Directors declared a partial cash dividend of $0.025 per share to holders of the Company’s 10% Series A Cumulative Perpetual Preferred Stock (“Hudson Preferred Stock”). This dividend covers the period commencing with the Hudson Preferred Stock’s issuance on August 22, 2025. The record date for ...
Mercurity Fintech Expands Institutional Ownership with BlackRock, State Street, and Vanguard Following Russell 2000® Inclusion
Globenewswire· 2025-08-22 12:30
New York, NY, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a blockchain-powered fintech group, today announced that a broad range of institutional investors reported holdings in MFH in their latest regulatory filings. Recent 13F and related regulatory disclosures report institutional positions in MFH by major index and asset managers, global banks, and ETF sponsors, reflecting a larger and more diverse institutional hold ...
SOLOWIN Launches Dubai Operations Center, Accelerating Expansion in UAE Market Following Saudi Layout
Globenewswire· 2025-08-22 12:30
HONG KONG, Aug. 22, 2025 (GLOBE NEWSWIRE) -- via IBN -- Solowin Holdings (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets, today announced the official launch of its Dubai Operations Center and the commencement of its application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC), one of the world’s most advanced financial centers and the leading financial hub fo ...
Hudson Global and Star Equity Holdings Announce Closing of Merger
Globenewswire· 2025-08-22 12:30
Combined Company Well Positioned to Leverage its Increased Size, Diversified Revenue Streams, and Improved ProfitabilityOLD GREENWICH, Conn., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, and Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star”), a diversified holding company, announced today the completion of their previously announced merger (“the Merger”), forming a larger, diversified holding ...
Badger Announces Acceptance of Its Notice of Intention to Renew Its Normal Course Issuer Bid
Globenewswire· 2025-08-22 12:30
CALGARY, Alberta, Aug. 22, 2025 (GLOBE NEWSWIRE) -- On July 30, 2025, Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) announced its intention to file with the Toronto Stock Exchange (the “Exchange”) a notice of intention to renew its normal course issuer bid (the “Notice”). The Exchange has accepted the Notice providing for the purchase and cancellation by Badger of up to 2,910,453 common shares in the capital of the Company (“Common Shares”) during the period ...
CleanCore Solutions, Inc. (ZONE) Reports Record Revenue for the Fiscal Fourth Quarter and Full Year 2025
Globenewswire· 2025-08-22 12:30
Core Insights - CleanCore Solutions, Inc. reported record fourth quarter revenue exceeding $1.1 million, marking the first quarter to surpass $1 million in U.S. sales [3][8] - The company achieved a full year revenue increase of 29%, reaching approximately $2.07 million for the fiscal year ended June 30, 2025, compared to approximately $1.61 million for the previous fiscal year [4] - The CEO highlighted strong customer confidence demonstrated by large purchase orders and a strengthened balance sheet through debt-to-equity conversions and cash from warrant exercises [3][8] Financial Performance - For the fiscal year ended June 30, 2025, general and administrative expenses rose to approximately $7.08 million, up from approximately $2.47 million in the prior year, primarily due to non-cash stock-based compensation and increased professional fees [4] - The net loss for the fiscal year was approximately $6.74 million, compared to approximately $2.28 million for the fiscal year ended June 30, 2024, with non-cash stock compensation accounting for approximately $3.20 million of the loss [4][6] - In Q4, approximately $230,000 of revenue was reversed and reclassified as intercompany sales following the Sanzonate acquisition [4] Business Developments - The company received a significant purchase order of $1.37 million from a major U.S. customer, with $876,000 shipped and invoiced in Q4, and an additional $261,000 order scheduled for Q1 2026 [8] - Following the acquisition of Sanzonate Europe Ltd., CleanCore is experiencing positive outcomes, including new contract opportunities in Europe and an expanded international sales pipeline [8] - The company enhanced its capital structure by converting over $600,000 of debt into equity and receiving over $400,000 from warrant conversions [8]