VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce updated and complete assay results from the Trapper Gold Target at its wholly owned Thorn Project in northwestern British Columbia. This release includes multi-element results for all remaining holes from the 2025 campaign, as well as updated intervals for previously reported drill holes where only gold was disclosed. A total of 6272m was dr ...

SCOTTSDALE, Ariz., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Caliber (Nasdaq: CWD), a diversified real estate and digital asset management platform, today announced it has selected StoneX as an additional institutional platform for trading and custody in support of Caliber’s Digital Asset Treasury (DAT) Strategy. StoneX, through its Prime offering, is providing Caliber with access to deep liquidity and institutional-grade custody, using the same infrastructure trusted by some of the world’s largest financial instit ...

Core Points - Gilat Satellite Networks Ltd. has announced a private placement of Ordinary Shares to Israeli institutional and accredited investors, following the approval of its Board of Directors [1][2] - The company plans to issue 8,888,889 Ordinary Shares at a price of US$11.25 per Share, reflecting a 7.9% discount to the 10-day Volume Weighted Average Price [2] - The newly issued Shares will represent approximately 12.15% of the company's total issued and outstanding Ordinary Shares post-transaction [2] - The expected net proceeds from the sale are approximately US$98.8 million, which will be used for general corporate purposes, including potential strategic acquisitions [3] Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications, with over 35 years of experience in the industry [7] - The company offers a range of integrated solutions supporting multi-orbit constellations and Very High Throughput Satellites (VHTS) through its Commercial and Defense Divisions [8] - Gilat's product portfolio includes cloud-based platforms, high-performance satellite terminals, and advanced antennas, catering to various applications such as government, defense, broadband access, and critical infrastructure [9][10]

HANGZHOU, China, Dec. 16, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (Nasdaq: JZXN) ("Jiuzi" or the "Company") today announced it is in strategic cooperation discussions with a Web3 technology company specializing in the development of an artificial intelligence (AI) cryptocurrency trading platform (the "Counterparty"). According to the preliminary agreement, both parties plan to jointly develop and promote an AI-powered cryptocurrency diagnostics and trading platform to advance its market-oriented applicat ...

Core Insights - Token Cat Limited has entered into a master service agreement with Better Now New York Inc. to collaborate on an artificial intelligence data center project in the United States, marking a significant step in the company's overseas expansion efforts [1][4]. Project Details - The AI data center project will be based on approximately 30 megawatts (MW) of power capacity, implemented in phases. Currently, Token Cat has access to about 12 MW of available power capacity in the U.S. for initial deployment [2][3]. - Token Cat will be involved in project planning, funding arrangements, and will support data center construction and operations, while Better Now will utilize its local resources for project execution [3][5]. Strategic Importance - The collaboration is expected to enhance Token Cat's overseas infrastructure and meet the growing demand for stable computing infrastructure driven by artificial intelligence applications [4][5]. - The CEO of Token Cat emphasized the importance of this collaboration for advancing the company's infrastructure initiatives and exploring long-term growth opportunities in a disciplined manner [5].

Core Insights - Royalty Pharma has acquired a royalty interest in Nuvalent's neladalkib and zidesamtinib for up to $315 million [1][4] - Neladalkib and zidesamtinib are next-generation tyrosine kinase inhibitors (TKIs) targeting specific mutations in non-small cell lung cancer (NSCLC) [2] - Positive pivotal results for neladalkib have been reported, showing durable activity and a well-tolerated safety profile [3] Transaction Details - The acquisition includes a low-single digit royalty on worldwide net sales of both therapies, expected to last until approximately 2041 to 2042 [4] - The total investment for the royalty interest is capped at $315 million [4] Product Development Status - Neladalkib is in a Phase 3 study for TKI-naïve patients, while zidesamtinib is under FDA review with an action date of September 18, 2026 [3] - Analyst consensus projects sales of neladalkib to reach approximately $3.5 billion and zidesamtinib to reach approximately $1.9 billion by 2035 [3] Company Background - Royalty Pharma is the largest buyer of biopharmaceutical royalties and funds innovation across the biopharmaceutical industry [6] - The company has a diverse portfolio that includes royalties on over 35 commercial products and 20 development-stage candidates [6]

Core Viewpoint - Titan Mining Corporation is accelerating its development to become the first end-to-end natural flake graphite producer in the U.S. in 70 years, supported by a US$15 million investment from a leading institutional equity investor [1][4]. Investment Details - The investment will be executed through a private placement of 6,666,666 special warrants at a price of US$2.25/C$3.10 per warrant [4][9]. - This funding, along with US$5.5 million from the U.S. EXIM Bank, positions Titan to expedite the completion of the Kilbourne Graphite Feasibility Study in 2026 and move towards construction [2][9]. Strategic Importance - The investment is seen as a strong endorsement of Titan's strategy to re-establish a domestic graphite supply chain, enhancing U.S. critical minerals security [4][8]. - Titan aims to deliver shareholder value through operational excellence and the development of critical minerals assets [8]. Warrant Structure - The warrants will be exercisable in two tranches, with 50% at a 35% premium and the remaining 50% at a 65% premium to the issue price [5][9]. - The company has the option to call the warrants if its common shares trade above 150% of the exercise price for 15 trading days within any 30-day period [6][9].

Core Viewpoint - Titan Mining Corporation has secured a US$15 million investment to enhance its balance sheet and expedite the development of its Kilbourne Graphite Project in New York State [1][2]. Investment Details - The investment will be executed through a private placement of 6,666,666 special warrants at a price of US$2.25/C$3.10 per warrant [3]. - Each special warrant grants the holder the right to receive one common share and one common share purchase warrant upon meeting certain conditions [3]. Project Advancement - The new funding, along with US$5.5 million support from the U.S. EXIM Bank, positions Titan to fast-track the completion of the Kilbourne Graphite Feasibility Study in 2026 and move towards construction [2]. Warrant Terms - The warrants will be exercisable for up to three years in two tranches, with 50% exercisable at a 35% premium and the remaining at a 65% premium to the issue price [4]. - The company may call the warrants if its common shares trade above 150% of the applicable exercise price for 15 trading days within any 30-day period [5]. Company Overview - Titan Mining Corporation is a zinc concentrate producer operating the Empire State Mine in New York and is emerging as a natural flake graphite producer [7]. - The company aims to be the first end-to-end producer of natural flake graphite in the USA in 70 years, focusing on enhancing the domestic supply chain of critical minerals [7].

Core Insights - DAVIDsTEA Inc. reported a focus on achieving profitable quarters while aligning marketing initiatives with the holiday season and the stronger fourth quarter, indicating a commitment to disciplined execution and growth strategies [3][22] - The company experienced a 2.9% increase in brick-and-mortar and comparable store sales for the quarter, building on an 18.1% increase from the previous year, highlighting the strength of physical retail [3][6] - Despite challenges in online and wholesale channels due to economic conditions and U.S. tariffs, early retail trends for the fourth quarter appear encouraging [3][22] Financial Performance - Total sales for the third quarter reached $12.6 million, a decrease of $1.4 million or 10.2% from the prior year, with Canadian sales accounting for 88.5% of total revenue [4][5] - U.S. sales fell to $1.5 million, down 28.3% from the previous year, while Canadian sales decreased by 7.1% [4][7] - Gross profit was $5.9 million, down 17.9% from $7.2 million in the prior year, with gross profit as a percentage of sales decreasing to 47.0% from 51.5% [8][24] Cost Management - Selling, general and administrative (SG&A) expenses decreased by 26.5% to $6.4 million, attributed to a lower operating cost base and reduced IT-related expenses [9][10] - The company recorded a net loss of $0.6 million, an improvement from a net loss of $1.6 million in the prior year [11][12] Liquidity and Capital Resources - As of November 1, 2025, the company had $8.1 million in cash and working capital of $10.7 million, down from $12.8 million earlier in the year [14][15] - The company completed a $2.7 million revenue-linked financing and a $3.0 million private placement to strengthen liquidity [5][20] Growth Strategy - DAVIDsTEA aims to double its retail footprint in Canada, with plans to open up to six new stores in fiscal 2026 [3][5] - The company opened a new store at Laurier Québec Mall in December and has additional locations under contract and letters of intent [5][6]

MONTRÉAL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) announces that the five (5) nominees listed in the management information circular dated November 4, 2025, were elected as directors of Falco. The Corporation also announces that Mr. Alexander Dann has been appointed as Chair of the Board, effective immediately, succeeding Mr. Mario Caron, who will continue to serve as lead director. Mr. Dann has served on the Board since 2021 and is a member of the ...