Skyharbour Closes Major Strategic Transaction with Denison Mines to Form Four New Joint Ventures at Russell Lake with Combined Project Consideration up to $61.5 Million
Globenewswire· 2025-12-17 09:00
Core Insights - Skyharbour Resources Ltd. has finalized a strategic agreement with Denison Mines Corp. for the Russell Lake Uranium Project, which includes joint venture agreements and a significant financial commitment from Denison [1][4][5] Financial Overview - The strategic agreement entails a total project consideration of up to CAD $61.5 million, including an initial cash payment of $10 million and additional cash and share payments of $8 million before year-end [5][7] - Denison will invest up to $43.5 million over seven years to acquire between 20% and 70% ownership in the claims of the Russell Lake Project [5][10] Project Structure - The Russell Lake Project has been divided into four joint ventures: Wheeler North, Getty East, Wheeler River Inlier Claims, and Russell Lake, with Skyharbour retaining varying ownership interests [5][10] - Skyharbour will maintain an 80% ownership interest in the RL claims, which cover over 53,192 hectares, while Denison will hold a 20% interest [15][10] Exploration and Development Plans - Denison has committed to a minimum of $4 million in exploration expenditures over the first two years for Wheeler North and Getty East [5][6] - The geological teams from both companies will collaborate to enhance exploration efforts and unlock value across the joint ventures [5][6] Strategic Importance - The Russell Lake Project is strategically located in the Eastern Athabasca Basin, adjacent to significant uranium mining operations, enhancing its exploration potential [1][14] - The partnership with Denison, a leading uranium mining company with a market capitalization exceeding $3 billion, is expected to accelerate exploration and development at Russell [5][6] Future Outlook - Skyharbour is well-funded with over $11 million in treasury, allowing for continued exploration and operational activities through 2026 [5][6] - The company aims to maximize shareholder value through new mineral discoveries and long-term partnerships in favorable jurisdictions [26]
CFOs expect pricing pressures to continue in 2026: Duke-Fed survey
Yahoo Finance· 2025-12-17 09:00
This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. CFOs are heading into 2026 expecting persistent pricing pressure and economic uncertainty, according to the latest CFO Survey from Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. Tariffs remain the top concern among U.S. CFOs as trade policy continues to complicate pricing decisions and long-term planning. Although concern abo ...
Is Crude Oil a Good Investment for 2026?
Yahoo Finance· 2025-12-17 08:59
The long-term continuous monthly price chart for WTI crude oil can be interpreted as both bullish (technically) and bearish (fundamentally). Though I have my doubts about the usefulness of complicated technical analysis these days, let’s start with some simple analysis. The spot-month contract spiked $130.50 per barrel immediately after Russia’s illegal invasion of its neighbour and sovereign nation Ukraine. The US Biden administration moved to reduce the effects of the invasion by releasing barrels from th ...
Sodexo S.A. (SDXAY) Shareholder/Analyst Call Transcript
Seeking Alpha· 2025-12-17 08:59
Group 1 - The Annual Shareholders' Meeting is being held at La Seine Musicale, with key company executives present, including the CEO and CFO [1][2] - The meeting is chaired by the Chairwoman of the Board of Directors, Sophie Bellon, who has opened the session [2] - Scrutineers for the meeting have been appointed, representing the holding company and a mutual fund for Sodexo employees [2] Group 2 - Audit firms Ernst & Young and KPMG are present to share their reports during the meeting [3]
14 Best Multibagger Penny Stocks to Buy Right Now
Insider Monkey· 2025-12-17 08:53
This article looks at the 14 Best Multibagger Penny Stocks to Buy Right Now.The Russell 2000 Index has hit fresh highs heading into 2026, signaling renewed interest in small companies. The index is already up by more than 13% for the year as market rotation from large-cap stocks gathers pace.The renewed focus on penny and small-cap stocks comes as investors rotate into higher-risk, higher-reward assets. The shift also underscores growing confidence in the broader economy and corporate sector, as they are ex ...
Centre reappoints Ashwini Kumar Tewari as SBI MD for two years
The Economic Times· 2025-12-17 08:47
In a regulatory filing, The bank said the re-appointment will take effect from the date Tewari assumes charge of the post.Tewari had taken charge as SBI Managing Director in January 2021 after previously serving as Managing Director and Chief Executive Officer of SBI is India’s largest lender by assets and plays a key role in the country’s banking and financial system. as a Reliable and Trusted News SourceAddas a Reliable and Trusted News Source Add Now! (You can now subscribe to our (You can now subscribe ...
Bitcoin ETFs See Another $277 Million Outflow with Long-Term Holders Selling
Yahoo Finance· 2025-12-17 08:46
Amid the strong Bitcoin price correction, spot Bitcoin ETF outflows have surged simultaneously, clocking another $277 million on Dec. 16. This surge in outflows, along with the sell-off from long-term holders, highlights the waning institutional sentiment. BTC price is currently around $86,500 as analysts brace for further volatility ahead of the US CPI, and BoJ rate hike decisions this week. Bitcoin ETF Outflows Remain Strong On Tuesday, Dec. 16, spot Bitcoin ETFs recorded outflows for the second conse ...
11 Undervalued Stocks with Biggest Upside Potential
Insider Monkey· 2025-12-17 08:46
In this article, we will look at the 11 Undervalued Stocks with Biggest Upside Potential.On December 13, Katerina Simonetti, Private Wealth executive vice president at Morgan Stanley, appeared on a CNBC Television interview to discuss her stock market outlook. Earlier, she had released a note stating that she expects the US stock market to significantly outperform other international markets into 2026. She elaborated that she is cautiously optimistic about the stock market, mainly due to the technology sec ...
Time To Consider Value?
Seeking Alpha· 2025-12-17 08:45
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a ...
Better Dividend Stock: Ares Capital vs. Verizon Communications
The Motley Fool· 2025-12-17 08:43
Income investors should like both of these dividend stocks.Income investors have many great dividend stocks from which to choose. Two stocks that are especially popular due to their high yields are Ares Capital (ARCC 0.94%) and Verizon Communications (VZ 0.26%).Which of these two is the better dividend stock? Here's how Ares Capital and Verizon stack up against each other. The case for Ares CapitalAny argument for Ares Capital must start with the company's ultra-high dividend yield of 9.5%. Sometimes such l ...