Core Points - Rio2 Limited has participated in a non-brokered private placement of Royal Road Minerals Limited, purchasing 4,166,667 ordinary shares at $0.18 per share, totaling $750,000 [1] - Following this transaction, Rio2 now holds a total of 44,021,667 shares in Royal Road, representing approximately 15% of the issued and outstanding shares on a non-diluted basis [3] - The acquisition of shares is for investment purposes, and Rio2 may acquire additional shares or dispose of its holdings in the future, subject to the Investor Rights Agreement [4] Summary by Sections Investment Details - Rio2 acquired 4,166,667 shares of Royal Road at a price of $0.18 per share, amounting to $750,000 [1] - The purchase allows Rio2 to maintain its pro rata ownership in Royal Road and potentially increase its ownership interest up to 15% [2] Ownership Status - After the private placement, Rio2's total beneficial ownership in Royal Road is 44,021,667 shares, which is approximately 15% of the total shares [3] - Prior to this placement, Rio2 held 39,855,000 shares, also representing around 15% of Royal Road's shares [3] Company Profile - Rio2 is focused on mining operations and development, particularly the Fenix Gold Project in Chile, emphasizing environmental responsibility and sustainable practices [6]

Core Viewpoint - Abcourt Mines Inc. reported significant financial losses in the first quarter of 2025, with a net loss of CAD 7.52 million, primarily due to high costs associated with mining operations and administrative expenses [2][6]. Financial Results Summary - Revenues for the quarter ended September 30, 2025, were CAD 0, while costs of sales amounted to CAD 5,009,786, resulting in a loss from mining operations of CAD 5,009,786 [2]. - Administration expenses increased to CAD 1,416,858 from CAD 775,757 in the previous year, while care and maintenance costs decreased significantly from CAD 887,433 to CAD 29,288 [2]. - Exploration expenses were CAD 250,068, down from CAD 501,160 in the same quarter of 2024, and finance expenses rose to CAD 967,143 from CAD 136,415 [2]. - The net loss per share was CAD 0.01, compared to CAD 0.00 in the prior year [2]. Balance Sheet Overview - As of September 30, 2025, the company had cash reserves of CAD 594,357, a significant decrease from CAD 2,578,587 as of June 30, 2025 [2]. - Total assets increased to CAD 31,811,592 from CAD 21,408,153, while non-current liabilities rose sharply to CAD 28,029,185 from CAD 14,175,891 [2]. - Shareholders' equity showed a negative balance of CAD 5,488,044, worsening from CAD 599,534 [2]. - Working capital, a non-IFRS measure, was CAD 1,288,412, down from CAD 2,952,725 [2][3]. Operational Developments - During the quarter, Abcourt initiated the development of mining operations at the Sleeping Giant site, incurring various expenses related to infrastructure and staffing [6]. - The company began filling the mill's circuit with gold and completed phase 1 of the sleep camp and kitchen, which were commissioned on September 2 [6]. - Civil construction work was also executed at the tailing facility in preparation for winter and future operational lifts planned for Summer 2026 [6]. Market Engagement - Abcourt has engaged Red Cloud Securities Inc. for market-making services, pending approval from the TSX Venture Exchange, to enhance liquidity for its common shares [5][7].

Group 1 - Mustang Energy Corp. has completed the second tranche of milestone payments to Skyharbour Resources Ltd. under the Option Agreement for the 914W Uranium Project, involving a cash payment of $20,000, issuance of 1,098,901 common shares at a deemed price of $0.091 per share, and $100,000 in exploration expenditures [1] - The annual general and special meeting held on November 14, 2025, resulted in the approval of several resolutions, including the election of three directors, the appointment of auditors, and the approval of a plan of arrangement involving Mustang and its subsidiary Allied Strategic Resource Corp. [2] - The British Columbia Supreme Court has rendered a final order approving the Arrangement, with closing subject to customary conditions and approval from the Canadian Securities Exchange for Allied's common shares [3] Group 2 - Mustang Energy is focused on the discovery and development of uranium and critical mineral assets, holding a portfolio of 147,153 hectares in Saskatchewan's Athabasca Basin, a leading uranium district [4]

Core Viewpoint - Patagonia Gold Corp. reported its financial results for Q3 2025, highlighting production and sales figures, ongoing construction projects, and exploration activities in Argentina [1][6]. Financial Performance - The company generated revenue of US$3 million in Q3 2025 [6]. - Residual production from Cap Oeste yielded 482 gold equivalent ounces produced and 707 gold equivalent ounces sold during the quarter [6]. Production and Sales - The production consisted of 273 gold ounces and 18,900 silver ounces, while sales included 478 gold ounces and 20,398 silver ounces, converted to a gold equivalent using an average spot market price ratio of 86.73:1 for the quarter [3][6]. Project Development - Construction of the Calcatreu heap leach facility in Rio Negro is progressing, with the access road, camp, explosives magazine, fuel storage tanks, and power generation plant completed [6]. - The relocation and refurbishment of the carbon in columns (CIC) plant from the Lomada de Leiva mine to Calcatreu has been completed, with installation expected in December 2025 [6]. - The elution, electro winning, and doré furnace circuits are scheduled for delivery in Q1 2026 [6]. Exploration Activities - The company incurred exploration expenditures of US$0.5 million in Q3 2025, with drilling totaling 1,074.35 meters at various targets [6]. - A total of 92.45 meters of trench were excavated, and 535.71 line-kilometers of ground magnetics surveying were completed [6].

Core Insights - Avricore Health Inc. is launching a pilot program to deliver inclisiran cholesterol-lowering injections through community pharmacies in collaboration with Barts Health NHS Trust, UCL Partners, and the British Heart Foundation [1][3][6] Group 1: Pilot Program and Funding - The pilot is supported by a £198,000 grant from the British Heart Foundation, aiming to decentralize cardiovascular therapy delivery and reduce hospital burden by shifting services to community pharmacies [3] - The initiative is part of the ELoPE-CVD program, which focuses on expanding access to preventive heart care and optimizing lipid management for high-risk patients [3] Group 2: HealthTab Integration - HealthTab™ is integrated with the Ortus-iHealth platform, allowing pharmacy-generated results to flow directly into hospital clinical systems, enhancing connectivity and data availability for clinicians and patients [4][11] - This integration positions HealthTab as a core infrastructure for NHS pharmacy-based care, moving beyond diagnostics to support therapy initiation and monitoring [7][12] Group 3: Expansion of HealthTab's Role - The pilot marks a significant expansion of HealthTab's role from primary prevention to secondary prevention, enabling community pharmacies to deliver and monitor advanced lipid-lowering therapy for patients with existing cardiovascular disease [5][10] - HealthTab is now positioned as a trusted technology partner within a high-profile cardiovascular program, validating its effectiveness in long-term lipid management pathways [7][10] Group 4: NHS Goals and Community Pharmacy Involvement - The NHS aims to prevent up to 150,000 heart attacks, strokes, and dementia cases over the next decade by improving detection and management of high-risk conditions, including high cholesterol [9] - The initiative aligns with NHS policy to enhance the role of community pharmacies in managing long-term conditions and integrating them into shared digital records [9][10] Group 5: Commitment to Quality and Performance - HealthTab is designed to meet high standards of analytical performance and reliability, supported by a comprehensive quality management program in partnership with CEQAL Inc. [15][16] - The program includes centralized monitoring of reagents and regular quality assessments to ensure accuracy and consistency of results across participating sites [16]

Core Viewpoint - Freehold Royalties Ltd. announces the departure of Chief Operating Officer Robert King and the elimination of the COO role as part of a restructuring strategy to align with the company's new operating structure [1]. Group 1: Management Changes - Robert King has left his position as Chief Operating Officer after six years with the company, contributing to its North American growth strategy [1]. - The company will redistribute the responsibilities of the COO role across the existing executive team following the termination of the management agreement with Rife Resources Ltd. [1]. Group 2: Company Overview - Freehold Royalties Ltd. is a leading North American energy royalty company, holding approximately 6.1 million gross acres in Canada and about 1.2 million gross drilling acres in the United States [2]. - The company's common shares are traded on the Toronto Stock Exchange under the symbol FRU [2].

Core Points - Western Pacific Trust Company (WP) has appointed Catherine Schaeffer as Vice-President, Operations, effective January 1, 2026, pending regulatory approval [1] - Ms. Schaeffer will be responsible for overseeing operational performance and developing continuous improvement initiatives within the organization [2] - Catherine Schaeffer has 23 years of experience in senior positions at the company and is recognized for her leadership and operational excellence [3] Company Overview - Western Pacific Trust Company is a licensed trust company authorized to conduct non-deposit taking trust business in British Columbia, Alberta, and Saskatchewan [5]

Core Points - Encore Technologies Corp. has successfully completed its initial public offering, raising gross proceeds of $862,500 through the issuance of 5,750,000 common shares at a price of $0.15 per share [1][2] - The offering was led by Leede Financial Inc., which received a cash commission of $60,375 and 402,500 non-transferable share purchase warrants [2] - The net proceeds from the offering will be used for growth initiatives, corporate development, and general working capital [3] Group 1 - The shares of Encore Technologies Corp. will begin trading on the Canadian Securities Exchange under the symbol "ENCR" on or about November 28, 2025 [3] - The company focuses on building and investing in technology ventures that enhance intelligent infrastructure, energy systems, and data optimization [4] - Encore Technologies Corp. aims to improve efficiency, transparency, and sustainability in real-world systems through data and automation [4]

Core Viewpoint - Orca Energy Group Inc. reported strong operational results in Q3 2025, with a 7% increase in gas deliveries over the quarter and a 4% increase year-to-date, driven by higher industrial consumption and demand for services and products [2][3]. Financial Performance - Revenue decreased by 12% to $21.7 million for Q3 2025 and by 4% to $71.4 million for the nine months ended September 30, 2025, primarily due to increased revenue share for the Tanzanian Petroleum Development Corporation (TPDC) [3][6]. - Net income attributable to shareholders surged by 834% to $19.5 million for Q3 2025 and by 889% to $42.0 million for the nine months ended September 30, 2025, mainly due to the reversal of loss allowance and recognition of interest income from TANESCO [3][6]. - Net cash flows from operating activities increased by 215% to $32.3 million for Q3 2025 and by 306% to $84.5 million for the nine months ended September 30, 2025, attributed to higher payments from TANESCO [3][6]. Operational Highlights - Daily average gas delivered and sold increased by 7% to 71.1 MMcfd for Q3 2025 and by 4% to 70.5 MMcfd year-to-date [6]. - Industrial gas deliveries rose by 18% to 20.9 MMcfd for Q3 2025 and by 32% to 19.5 MMcfd year-to-date, while power gas deliveries increased by 3% to 50.2 MMcfd for Q3 2025 but decreased by 4% year-to-date [6]. Legal and Regulatory Matters - The company is actively managing ongoing legal proceedings in Tanzania, including a dispute with Swala Oil & Gas (Tanzania) Plc, which claims damages of approximately $238 million [4][5]. - An anti-suit injunction was filed against Swala in the High Court of England and Wales to prevent them from pursuing claims in Tanzania [8]. - The company has submitted Requests for Arbitration to the International Centre for Settlement of Investment Disputes (ICSID) against the Government of Tanzania for breaches of investment protections [8]. Capital Expenditures and Financial Position - Capital expenditures decreased significantly by 98% to $0.2 million for Q3 2025 and by 94% to $0.8 million for the nine months ended September 30, 2025, primarily due to deferred projects [3][6]. - The company ended Q3 2025 with cash and cash equivalents of $127.9 million and working capital of $56.2 million, reflecting a strong liquidity position [3][6]. Outlook - The company anticipates a production guidance for 2026 between 60 – 65 MMcfd, a decrease from 2025 due to field decline and seasonal variations [10]. - There is ongoing uncertainty regarding the Songo Songo License extension application, which is critical for the company's long-term sustainability in Tanzania [11][12].

Core Viewpoint - G2 Goldfields Inc. has successfully obtained shareholder approval for the spin-out of its non-core assets into G3 Goldfields Inc., a wholly owned subsidiary, through a plan of arrangement under the Canada Business Corporations Act [1][4]. Voting Results - A total of 190,251,811 G2 Shares were voted, representing approximately 74.03% of all outstanding shares [2]. - The election of directors received significant support, with J. Patrick Sheridan receiving 99.21% approval and Daniel Noone receiving 96.69% [3]. - The approval for the spin-out plan was overwhelmingly supported, with 99.96% of votes cast in favor [3]. Spin-Out Update - The final court hearing for the spin-out approval is scheduled for December 3, 2025, and the completion is expected in Q1 2026, pending regulatory approvals [4]. - G2 will transfer its interests in non-core assets to a Guyanese subsidiary of G3 and provide approximately C$15 million in cash to meet G3's working capital needs [5]. Share Distribution - G2 shareholders will receive one G3 Share for every two G2 Shares held as of the effective date of the spin-out [5]. - Only shareholders of G2 as of the close of business on the effective date will be entitled to receive G3 Shares, with no change in their holdings in G2 as a result of the spin-out [5]. Company Overview - G2 Goldfields focuses on finding and developing gold deposits in Guyana, with a history of discovering over 10 million ounces of gold in the Guiana Shield [7]. - The company announced an updated mineral resource estimate for the Oko property, highlighting significant inferred and indicated gold resources [7][11].