Cerrado Gold to Host Management Conference Call to Discuss the Purported Unfavourable Opinion of the Environmental Impact Assessment for the Lagoa Salgada Project, Portugal
Globenewswire· 2026-01-23 12:52
Core Viewpoint - Cerrado Gold Inc. is facing challenges regarding the environmental impact assessment for its Lago Salgada Project in Portugal, prompting a management conference call to discuss the situation and next steps [1][2]. Company Overview - Cerrado Gold is a Toronto-based gold production, development, and exploration company, owning 100% of the Minera Don Nicolás and Las Calandrias mines in Argentina [2]. - The company holds an 80% interest in the Lagoa Salgada VMS project in Portugal and is also developing the Mont Sorcier Iron project in Canada [2][5]. Project Details - The Lagoa Salgada project is located on the Iberian Pyrite Belt and is characterized by high-grade polymetallic mineralization, including zinc, copper, lead, tin, silver, and gold [4]. - The project covers a large area of 7,209 hectares and is situated 80 km from Lisbon, benefiting from excellent infrastructure [4]. - The Mont Sorcier project aims to produce high-purity, high-grade Direct Reduced Iron, which supports the transition of steel production towards more sustainable methods [5]. Operational Strategy - In Argentina, the company is focused on optimizing operations at Minera Don Nicolás and increasing production at the Las Calandrias heap leach project [3]. - An extensive exploration campaign is underway to unlock additional resources in the Deseado Massif region [3].
Equinox Gold Completes Sale of Brazil Operations for Total Cash Consideration of US$1.015 Billion; Pays Down More than US$800 Million of Debt With Net Debt Reduced to US$150 Million
Globenewswire· 2026-01-23 12:42
Core Viewpoint - Equinox Gold Corp. has successfully completed the sale of its Brazil Operations for a total consideration of up to $1.015 billion, significantly improving its financial position and allowing for future growth opportunities [2][4]. Financial Impact - The company received cash proceeds of $900 million from the transaction, with an additional contingent cash payment of up to $115 million expected on January 23, 2027 [2]. - Equinox Gold will use the proceeds to fully repay its $500 million Term Loan, extinguish the $300 million Sprott Loan, and make payments on its revolving credit facility, reducing senior debt to approximately $580 million and net debt to about $150 million [3]. Strategic Positioning - The CEO of Equinox Gold stated that monetizing the Brazil Operations has streamlined the company's portfolio and transformed its balance sheet, positioning it as a leading North America-focused gold producer [4]. - The company aims to self-fund high-return, near-term organic growth opportunities and consider capital return initiatives, with a development pipeline that could add 450,000 to 550,000 ounces of incremental annual gold production in the coming years [4]. Production Guidance - Equinox Gold has provided a consolidated gold production guidance for 2026 of 700,000 to 800,000 ounces, which is expected to generate robust cash flow [4].
Helix Acquisition Corp. III Announces Pricing of Upsized $150 Million Initial Public Offering
Globenewswire· 2026-01-23 12:30
Company Overview - Helix Acquisition Corp. III has priced its upsized initial public offering (IPO) of 15,000,000 Class A ordinary shares at $10.00 per share, with trading on The Nasdaq Global Market under the ticker symbol "HLXC" starting today [2] - The company is a special purpose acquisition company (SPAC) formed to pursue mergers, share exchanges, asset acquisitions, or similar business combinations, primarily focusing on healthcare or healthcare-related industries [3] Financial Details - The offering is expected to be completed on January 26, 2026, and the underwriters have been granted a 45-day option to purchase an additional 2,250,000 Class A ordinary shares at the IPO price to cover overallotments [2][4] - The registration statement for these securities became effective on January 22, 2026 [6] Management Team - The company is sponsored by Helix Holdings III LLC, an affiliate of Cormorant Asset Management, and is led by Bihua Chen as Chief Executive Officer and Chairperson, with Caleb Tripp serving as Chief Financial Officer and Chief Operating Officer [3]
Streamex Corp. (NASDAQ: STEX) Announces Issuance of Prepayment Notice for Previously Announced Convertible Debenture Financing & Notice of Termination for Standby Equity Purchase Agreement
Globenewswire· 2026-01-23 12:30
Core Viewpoint - Streamex Corp. has announced the delivery of an optional prepayment notice for its Secured Convertible Debentures and the cancellation of its Standby Equity Purchase Agreement with Yorkville, aiming for a cleaner balance sheet as it prepares for significant growth in the upcoming year [1][5]. Group 1: Prepayment Notice for Secured Convertible Debentures - The company has outstanding Secured Convertible Debentures totaling $50 million, with an intention to prepay the entire principal amount plus a 10% prepayment premium [2]. - Following the prepayment notice, the holder has ten trading days to convert the debentures, with the company required to make the prepayment on the eleventh trading day [2]. Group 2: Cancellation of Standby Equity Purchase Agreement - The company has terminated the Standby Equity Purchase Agreement with Yorkville, which allowed for the issuance and sale of up to $1 billion of common stock over a 36-month period [3][4]. - The company has not utilized the SEPA and has full control over the timing and amount of any potential sales of common stock [3]. Group 3: Company Overview and Future Outlook - Streamex Corp. focuses on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that bridge traditional finance and blockchain markets [5]. - The CEO expressed optimism about the company's position for sustained growth, particularly with the upcoming GLDY launch and a recently completed equity raise [5].
Copperhead Confirms Effective Date for Name and Stock Symbol Change
Globenewswire· 2026-01-23 12:30
Vancouver, BC, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Copperhead Resources Inc. (to be renamed Deep Sea Minerals Corp.) (CSE: CUH) (OTCPK: CUHRF) (FSE: X45) ("Deep Sea" or the "Company") is pleased to announce that, further to its news release of January 20, 2026, the Company confirms that its name change to “Deep Sea Minerals Corp.” has received final approval and will be effective January 26, 2026. The common shares of the Company (the “Shares”) will begin trading on the Canadian Securities Exchange under the ...
Litchfield Hills Research: Society Pass Incorporated's (Nasdaq: SOPA) Total Asset Value Implies Valuation of 1,300% of Current Market Capitalization
Globenewswire· 2026-01-23 12:30
NEW YORK, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Society Pass Incorporated (Nasdaq: SOPA) (the “Company” or “SOPA”), Southeast Asia’s (“SEA”) next generation digital ecosystem announces that Litchfield Hills Research LLC (“Litchfield Hills Research”) has issued equity research report update. Click Here (on SOPA website) or Here (on Litchfield Hills Research website) to view the full Litchfield Hills Research Equity Research Report. Summary Points:• Valuation disconnect: Litchfield Hills Research highlights a pro ...
AMN Healthcare to Hold Fourth Quarter and Full Year 2025 Earnings Conference Call on Thursday, February 19, 2026
Globenewswire· 2026-01-23 12:30
DALLAS, Jan. 23, 2026 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSE: AMN), has scheduled a conference call to discuss its fourth quarter and full year 2025 financial results and first quarter 2026 outlook on Thursday, February 19, 2026, at 5:00 p.m. Eastern Time. On the same day, the Company also expects to issue an earnings news release after market close at approximately 4:15 p.m. Eastern Time. A live webcast of the call can be accessed through this webcast link, which also will be available on ...
Sanara MedTech Inc. Reports Unaudited Preliminary Financial Results for the Fourth Quarter and Full Year 2025; Introduces Full Year 2026 Financial Guidance
Globenewswire· 2026-01-23 12:30
FORT WORTH, TX, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Sanara MedTech Inc. (“Sanara MedTech,” “Sanara,” the “Company,” “we,” “our” or “us”) (Nasdaq: SMTI), a medical technology company focused on developing and commercializing transformative technologies to improve clinical outcomes and reduce healthcare expenditures in the surgical market, today reported certain unaudited preliminary financial results for the fourth quarter and full year ended December 31, 2025, and introduced its financial guidance for the ful ...
GPGI, Inc. Completes Rebrand and Starts Trading as GPGI on NYSE
Globenewswire· 2026-01-23 12:30
Completed rebrand from CompoSecure, Inc. to GPGI, Inc. (“Great Positions in Good Industries”)Will begin trading under new name and ticker symbol “GPGI” on the New York Stock Exchange at market open on January 23rd CompoSecure and Husky will be two distinct reporting segments operating independently under GPGI NEW YORK, Jan. 23, 2026 (GLOBE NEWSWIRE) -- GPGI, Inc. (NYSE: GPGI) (the “Company” or “GPGI”), a diversified multi-industry compounder comprised of companies with great positions in good industries, co ...
AGF Investments Announces January 2026 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF
Globenewswire· 2026-01-23 12:29
Core Viewpoint - AGF Investments Inc. announced cash distributions for January 2026 for three of its funds, with payments scheduled for February 5, 2026, to unitholders of record on January 30, 2026 [1] Fund Distribution Details - The cash distribution per unit for AGF Enhanced U.S. Equity Income Fund is $0.179249 [1] - The cash distribution per unit for AGF Total Return Bond Fund is $0.135000 [1] - The cash distribution per unit for AGF Systematic Global Infrastructure ETF is $0.155466 [1] Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm with a focus on public and private markets [5] - AGF has over $58 billion in total assets under management and serves more than 815,000 investors [7] - The company operates in North America and Europe, providing investment services to a diverse range of clients including financial advisors, high-net-worth individuals, and institutional investors [6][7]