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Galantas Gold Announces C$13.5 Million Upsized Financing and Provides Update on Acquisition of RDL Mining Corp.
Globenewswire· 2025-11-21 22:45
Core Viewpoint - Galantas Gold Corporation has announced an increase in its private placement offering to raise up to C$13.5 million due to strong investor demand, with an additional over-allotment option of C$2.025 million available for the agents involved in the offering [1][3]. Offering Details - The offering consists of 168,750,000 units priced at C$0.08 each, with each unit comprising one common share and one warrant [1][2]. - Each warrant allows the holder to purchase one common share at C$0.12 for 36 months post-closing [2]. - The agents will receive a cash commission of 7.0% on the gross proceeds, with a reduced rate of 3.0% for certain purchasers on a designated list [3]. Use of Proceeds - Net proceeds from the offering will be allocated to exploration work on the Indiana Project, option payments related to the project, and general corporate and working capital purposes [5]. Transaction with RDL Mining - The company is progressing with the acquisition of RDL Mining Corp., where RDL shareholders will receive approximately 132 million common shares, representing 49.99% of the outstanding shares post-transaction [9][10]. - The total consideration for the transaction is valued at approximately C$10.6 million, with additional terms including a 0.66% net smelter returns royalty payable by Galantas [10][11]. Financial Overview of RDL Mining - As of September 30, 2025, RDL Mining reported total assets of C$189,425 and total liabilities of C$223,658, resulting in total equity of C$(34,233) [12]. - RDL incurred a net loss of C$(34,263) from its incorporation until September 30, 2025 [12]. Future Management Structure - Post-transaction, the board of directors of Galantas will expand to include members from RDL, enhancing the company's operational expertise [12]. Indiana Project Details - The Indiana Project involves an option agreement requiring total payments of US$15 million over five years, with specific payment milestones outlined [13]. - A copper stream agreement has been established, providing upfront payment and a fixed percentage of copper produced from the Indiana Project [13].
Lee Enterprises, Inc. Announces Resignation of Chief Financial Officer Tim Millage
Globenewswire· 2025-11-21 22:32
Core Insights - Lee Enterprises' Chief Financial Officer, Tim Millage, will leave the company to pursue a role as an Executive Pastor, effective February 28, 2026 [1][2] - Millage expressed confidence in the company's future and highlighted the success of the Three Pillar Digital Growth Strategy, which is enhancing revenue composition and digital margins [2] - The company is actively searching for a new CFO and Millage will provide consulting services until May 31, 2026 [2] Company Overview - Lee Enterprises is a significant subscription and advertising platform, providing local news and information through daily newspapers and nearly 350 weekly and specialty publications across 72 markets in 25 states [3] - The company is committed to delivering valuable local news and information to its communities, with key markets including St. Louis, MO; Buffalo, NY; Omaha, NE; and others [3] - Lee Common Stock is traded on NASDAQ under the symbol LEE [3]
Commercial National Financial Corporation Announces Quarterly Dividend
Globenewswire· 2025-11-21 22:30
Group 1 - Commercial National Financial Corporation declared a regular quarterly cash dividend of 14 cents per share, payable on January 2, 2026, to shareholders of record on December 12, 2025 [1] - The annualized dividend yield based on a recent closing price of $13.16 per share is 4.26% [1] Group 2 - Commercial National Financial Corporation is the holding company of Commercial Bank, a state-chartered community bank established in 1893, serving communities in five Michigan counties [2] - The bank has been dedicated to meeting the banking needs of the communities it serves for over 130 years [2]
Mixed Martial Arts Group Limited Publishes Annual Report and Form 20-F for Fiscal Year 2025
Globenewswire· 2025-11-21 22:20
Core Insights - Mixed Martial Arts Group Limited (MMA) is a technology-driven ecosystem in the global combat sports industry, having filed its annual report for fiscal year 2025 on October 31, 2025 [1] - The company boasts over 5 million social media followers, 530,000 user profiles, 77,000 active students, and 800 verified gyms across 16 countries, indicating significant engagement and reach within the martial arts community [2] Company Overview - MMA.INC connects martial arts fans, fighters, gyms, and coaches in a single on-chain ecosystem, focusing on real participation and achievement rather than just digital collectibles [3] - The company has a network of over 800 verified gyms and 75,000+ active students, facilitating connections between local gyms and global communities [7] Business Model - Participation in activities such as training and coaching earns Experience Points (XP), which can be redeemed for real rewards, promoting genuine engagement [7] - The rewards system is designed to prioritize merit based on effort and progress, fostering a community-driven economy [7] Platform Assets - MMA.INC encompasses various platform assets including BJJLink, TrainAlta, Hype, and MixedMartialArts.com, providing a comprehensive platform for training, community, content, and fandom [7][8]
Aventis Energy Closes Second Tranche of Flow-Through Private Placement Financing
Globenewswire· 2025-11-21 22:17
Core Viewpoint - Aventis Energy Inc. has successfully closed the second tranche of its non-brokered private placement, raising C$1,006,000.60 through the issuance of 2,453,660 flow-through shares, which will be used for exploration on its project portfolio [1][3]. Financing Details - The flow-through shares were sold at a price of C$0.41 each, contributing to total gross proceeds of C$1,006,000.60 in this tranche [1]. - A total of C$60,360.04 was paid in cash as finder's fees, along with the issuance of 147,219 finder's warrants, each allowing the purchase of one common share at the same price for 24 months [4]. Use of Proceeds - The proceeds from the offering will be allocated towards eligible Canadian exploration expenses, qualifying as flow-through mining expenditures under the Income Tax Act (Canada) [3]. Company Overview - Aventis Energy Inc. is focused on mineral exploration, particularly in battery, base, and precious metals, with ongoing projects including the Corvo Uranium and Sting Copper Projects [6]. - The Corvo Uranium property has shown historical drill results with uranium mineralization, including high-grade surface samples [7]. - The Sting Copper Project spans approximately 12,700 hectares, with recent drilling results indicating significant copper mineralization [8].
Northview Residential REIT Announces November Distribution
Globenewswire· 2025-11-21 22:17
Core Insights - Northview Residential REIT announced a cash distribution of C$0.091146 per Unit for November 2025, which annualizes to C$1.09 per Unit, payable on December 15, 2025 [2] - The REIT completed over $100 million in non-core asset sales in 2025, leading to a significant taxable component for distributions in 2025 [3] Company Overview - Northview Residential REIT is a publicly traded real estate investment trust established under Ontario law, focusing on acquiring, owning, and operating income-producing rental properties in secondary markets across Canada [4]
Solar Alliance Energy, Inc. Announces Appointment of New Corporate Secretary & Resignations of Corporate Secretary and Director
Globenewswire· 2025-11-21 22:00
Core Insights - Solar Alliance Energy Inc. has appointed Jawad Chughtai as Corporate Secretary, in addition to his role as Chief Financial Officer [1][2] - The company acknowledges the resignations of Monique Hutchins and Anton Shihoff, expressing gratitude for their contributions [3] Company Overview - Solar Alliance is focused on providing solar energy solutions primarily in the commercial and utility sectors, aiming to reduce customers' vulnerability to rising energy costs while offering environmentally friendly electricity generation [4] - The company's strategy includes building, owning, and operating its own solar assets, alongside generating revenue through the sale and installation of solar projects [4]
QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold
Globenewswire· 2025-11-21 22:00
Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment (PEA) for the Quartz Mountain Gold Project in Oregon, USA [1][2] - The PEA aims to evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3][4] - The Quartz Mountain Gold Project has an estimated mineral resource of 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t [5] Company Developments - The engagement of KCA, along with a recently completed NI 43-101 technical report, positions Q-Gold to unlock significant shareholder value from the Quartz Mountain Gold Project [2] - The project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district [2][4] - Q-Gold anticipates an active period ahead as it advances the Quartz Mountain Gold Project through critical development milestones in 2025 and 2026 [2] Project Details - The PEA will provide a comprehensive evaluation of the project's economic potential and is expected to be completed in the coming months [3][4] - The Quartz Mountain Gold Project is amenable to conventional open-pit mining methods [5] - The project benefits from its favorable location, established infrastructure, and solid mineral resource base, with gold designated as a strategic asset in the USA [4]
AutoZone to hold Stockholders' Meeting December 17, 2025
Globenewswire· 2025-11-21 22:00
Core Points - AutoZone, Inc. will hold its Annual Meeting of Stockholders on December 17, 2025, at 9:00 a.m. (ET) in Memphis, Tennessee, with a webcast available on its website [1] - As of August 30, 2025, AutoZone operates a total of 7,657 stores, including 6,627 in the U.S., 883 in Mexico, and 147 in Brazil [2] - AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas, offering a wide range of products for various vehicle types and providing commercial sales programs [3] Company Overview - AutoZone's stores carry an extensive product line, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products [3] - The company does not generate revenue from automotive repair or installation services, focusing instead on parts and accessories sales [3] - AutoZone also sells products through its websites, including www.autozone.com for retail and www.autozonepro.com for commercial customers, along with diagnostic and management software through www.alldata.com [3]
LaFayette Acquisition Corp. Announces the Separate Trading of Its Ordinary Shares and Rights, Commencing on or About November 26, 2025
Globenewswire· 2025-11-21 21:30
Core Points - LaFayette Acquisition Corp. announced that starting on or about November 26, 2025, holders of units from the initial public offering can separately trade the ordinary shares and rights included in those units [1][2] - The ordinary shares and rights are expected to trade on the Nasdaq Global Market under the symbols "LAFA" and "LAFAR," while units that are not separated will continue to trade under the symbol "LAFAU" [2] - A registration statement for these securities was filed with the SEC and became effective on October 22, 2025, with the offering made only by means of a prospectus [3]