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Azimut Completes Galinée Property Transaction with LiFT Power, James Bay Region, Quebec
Globenewswire· 2026-02-18 08:15
Core Viewpoint - Azimut Exploration Inc. has completed the sale of its 50% interest in the Galinée Property to LiFT Power Ltd., receiving a total consideration of approximately $13.4 million, which includes common shares and a deferred payment [2][3]. Group 1: Acquisition Details - LiFT Power acquired Azimut's interest by issuing 2,000,000 common shares and granting Azimut a 1.4% NSR royalty on the Galinée Property [2]. - Azimut is entitled to a deferred payment of $1,500,000, which can be paid in cash or common shares of LiFT, contingent on specific terms [2]. Group 2: Azimut's Current Holdings - Azimut now holds equity interests valued at approximately $15 million in various companies and has generated royalty interests on three lithium properties [3]. - The royalty interests include a 2% NSR on the JBN-57 claim block and a 1% NSR on the Pikwa Property, both associated with PMET Resources' Shaakichiuwaanaan project [3]. Group 3: Strategic Focus - The transactions align with Azimut's strategy to concentrate on its flagship properties, Elmer and Wabamisk, with significant drill programs planned for early 2026 [4]. - The company has announced a total of at least 17,000 meters of drilling, including ongoing and upcoming programs at various zones within its properties [4]. Group 4: Company Overview - Azimut is recognized for its extensive mineral project portfolio in Quebec, focusing on gold, copper, nickel, and lithium [6]. - The company employs a pioneering approach using big data analytics through its proprietary AZtechMine™ expert system, enhancing its exploration capabilities [6].
Is Palantir (PLTR) One of the Best AI Software Stocks to Buy?
Yahoo Finance· 2026-02-03 11:55
Core Insights - Palantir Technologies Inc. (NASDAQ:PLTR) is recognized as one of the top AI software stocks to invest in, with recent coverage from Phillip Securities giving it a Buy rating and a price target of $208 [1] - The company's fundamentals are expected to improve, and its total addressable market (TAM) is projected to grow, with Palantir currently capturing only 2.4% of its estimated $119 billion TAM from 2020 [2] - Truist Securities also initiated coverage with a Buy rating and a price target of $223, emphasizing the company's potential in aiding governments and enterprises in adopting generative AI [3] Group 1 - Phillip Securities highlighted that Palantir's AI software is growing at over 25% annually, suggesting that the addressable market has likely expanded, indicating significant upside potential for the stock [2] - Truist Securities noted the improving momentum of Palantir, particularly with the launch of its Artificial Intelligence Platform (AIP), describing it as a "best-in-class AI asset" [4] - Palantir specializes in big data analytics and AI platforms, serving key government and commercial enterprises [4] Group 2 - The stock is currently trading at a high valuation, but the strong opportunities in the generative AI space are seen as a positive factor for future growth [3] - The overall sentiment in the market suggests that while Palantir has potential, there are other AI stocks that may offer greater upside with less risk [5]
Azimut to Conduct 10,000-metre Drill Program to Expand the Patwon Gold Deposit on the Elmer Property, James Bay region, Québec
Globenewswire· 2026-01-22 11:30
Core Viewpoint - Azimut Exploration Inc. is initiating a new work phase to expand the Patwon Gold Deposit on its Elmer Property in Québec, supported by favorable gold prices and an internal scoping study conducted in 2025 [1][2]. Group 1: New Work Phase and Drilling Program - The planned program includes a 10,000-metre diamond drill initiative aimed at expanding the known gold resource and testing defined targets near Patwon [2]. - Following positive results, the company will update the NI 43-101 mineral resource estimate and conduct a preliminary economic assessment (PEA) [2]. Group 2: Resource Estimates and Growth Potential - The 2023 NI 43-101 compliant mineral resource estimate indicated 311,200 ounces of indicated resources at a grade of 1.93 g/t Au and 513,900 ounces of inferred resources at a grade of 1.94 g/t Au, using a gold price of US$1,800 per ounce [6][15]. - At a higher gold price of US$2,160 per ounce, the estimate showed 322,900 ounces at 1.76 g/t Au (indicated) and 363,600 ounces at 2.04 g/t Au (inferred) [3][15]. - A systematic review of previous drilling data suggests potential resource growth to the west, with a target zone of 350 metres on-strike by 400 metres vertically, indicating a higher-grade gold rake that has not yet been tested [4]. Group 3: Technical Studies and Property Overview - Contingent on positive drilling results, Azimut plans to initiate advanced technical studies, including metallurgical testwork, geochemical characterization, rock mechanics data collection, energy and infrastructure assessment, and environmental baseline studies [7][6]. - The Elmer Property consists of 658 claims covering a 42.8-kilometre strike length, located in a region with excellent infrastructure, including road access and hydroelectric power [8][6]. Group 4: Company Background and Shareholder Information - Azimut is recognized for its mineral exploration capabilities and holds the largest mineral exploration portfolio in Québec, focusing on gold, copper, nickel, and lithium [10]. - The company has strategic investors, Agnico Eagle Mines Limited and Centerra Gold Inc., holding approximately 11% and 9.9% of the company's shares, respectively [11].
Azimut Advances Major Fortin Antimony-Gold Zone, Wabamisk Property, James Bay Region, Québec
Globenewswire· 2026-01-21 05:01
Core Viewpoint - Azimut Exploration Inc. has initiated a new diamond drilling program of at least 5,000 meters on the Fortin antimony-gold zone, which is evolving into one of Canada's largest antimony-bearing mineralized systems, with significant exploration and metallurgical testing underway [2][3][4]. Drilling Program - The new drilling program aims to explore the Fortin Zone at depth for potential gold enrichment related to antimony-gold vertical zonation, with a preliminary 3D modeling of the mineralized body in progress [4]. - A total of 86 holes have been drilled on the Fortin Zone and surrounding targets since its discovery in 2024, with 35 holes (5,890 meters) drilled in the second phase, showing promising results [3][7]. Assay Results - In the second phase, 29 holes (83%) returned antimony mineralization with grades above 0.2% Sb, including 19 holes with gold grades above 0.5 g/t Au [7]. - Notable assay results include: - Hole WS25-74: 0.24% Sb over 23.5 m, including 1.33% Sb over 2.05 m [7] - Hole WS25-67: 0.89% Sb, 0.65 g/t Au over 41.9 m, including 1.05% Sb, 1.88 g/t Au over 13.5 m [9]. Metallurgical Tests and Market Studies - SGS Canada has been commissioned to conduct initial metallurgical tests on the mineralized material from the Fortin Zone and assess global market demand for antimony products [5][18]. Geological Context - The Fortin Zone is associated with a massive albitic stratiform hydrothermal alteration zone, with evidence of strong albitic alteration and a multi-kilometre lateral continuity suggesting a significant vertical extent [13][14]. - Antimony-rich systems are rare in Archean settings in Québec, and the mineralized zone may transition to a deeper gold-rich zone, highlighting its geological significance [16]. Strategic Importance - Antimony is recognized as a critical mineral by various governments, with significant supply shortages impacting its market. The price volatility and supply chain concerns emphasize the importance of diversifying sources outside of China, which dominates global production [18]. - The Wabamisk Property, covering 356 km², is strategically located in a prospective belt in the James Bay region, enhancing its exploration potential for both antimony and gold [19][20].
AfterNext Acquisition I(AFNXU) - Prospectus(update)
2026-01-20 20:36
As filed with the Securities and Exchange Commission on January 20, 2026. (Primary Standard Industrial Classification Code Number) REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 AfterNext Acquisition I Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) Registration No. 333-292005 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 (I.R.S. Employer Identifi ...
iQIYI Announces Change in Executive Leadership
Globenewswire· 2026-01-20 11:30
Core Viewpoint - iQIYI, Inc. announces the resignation of Chief Financial Officer Jun Wang and the appointment of Ying Zeng as Interim CFO, highlighting a transition in leadership aimed at maintaining financial stability and continuity [1][2]. Group 1: Leadership Changes - Jun Wang has resigned as Chief Financial Officer effective immediately due to personal reasons, but will remain as an advisor until May 31, 2026, to ensure a smooth transition [1]. - Ying Zeng, previously Senior Vice President of Finance, has been appointed as the Interim Chief Financial Officer, bringing her extensive experience and familiarity with the company to the role [1][2]. - Dr. Yu Gong, CEO, expressed gratitude for Jun Wang's contributions in strengthening the company's capital structure and financial foundation [2]. Group 2: Background of Ying Zeng - Ying Zeng joined iQIYI in February 2017 and has served as Senior Vice President of Finance since January 2022 [4]. - Prior to her role at iQIYI, she worked at Baidu, Inc. as deputy director of budget control and financial analysis from June 2011 to February 2017 [4]. - Zeng holds a bachelor's degree in accounting from Wuhan University of Technology and a master's degree in professional accounting from Peking University [4]. Group 3: Company Overview - iQIYI, Inc. is a leading provider of online entertainment video services in China, combining creative talent with technology to foster innovation and produce blockbuster content [5]. - The company has developed a diversified monetization model that includes membership services, online advertising, content distribution, online games, and talent agency services [5]. - iQIYI distinguishes itself through its advanced technology platform powered by AI and big data analytics, contributing to a massive user base [5].
Mettler-Toledo International (NYSE:MTD) FY Earnings Call Presentation
2026-01-13 00:30
January 12, 2026 JP Morgan Healthcare Conference Patrick Kaltenbach, CEO Safe Harbor Statement 2 Statements in this presentation which are not historical facts constitute "forward looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our businesses, actual results, levels of activity, performance or achievement ...
CIMG Inc. Announces Entry into Computing Power Industry; Initial Contracts with Aggregate Value of Approximately $124 Million
Prnewswire· 2026-01-05 14:20
Core Insights - CIMG Inc. has executed initial commercial contracts related to computing power, with a total contract value of approximately $124 million in Q4 2025, indicating a strategic shift towards technology-driven growth [1][2][3] Group 1: Strategic Deployment - The company has elevated its computing power business to a core strategy, recognizing its importance in the digital economy and its role in driving AI and big data analytics [2] - Mr. Wenlong Tong has been appointed as President to lead the expansion of the computing power business, aiming to transform technological capabilities into sustainable market competitiveness [2][3] Group 2: Initial Contracts and Commercial Progress - CIMG's subsidiary, Xinmiao Shidai, was shortlisted for a server procurement tender by Guangzhou Bank with a benchmark bid of approximately $15.95 million, although this does not guarantee a contract [4] - A sales contract valued at approximately $106.5 million was signed by Zhongyan Shangyue Technology Co., Ltd., subject to inspection and acceptance [5] - Two separate sales contracts for computing power products were signed, totaling approximately $1.78 million, covering high-performance computing servers and GPUs [6] Group 3: Synergy with Core Business - The computing power deployment is synergistic with the company's traditional digital health business, exemplified by the development of the "LifeNode" product in collaboration with FLock Technology Holdings [7] - The CEO emphasized the goal of establishing computing power as a foundational technology connecting various business segments, aiming to create an innovative commercial ecosystem [8][9]
AfterNext Acquisition I(AFNXU) - Prospectus
2025-12-08 21:57
As filed with the Securities and Exchange Commission on December 8, 2025. Registration No. 333-_______ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 Cayman Islands 6770 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 13 Stamford Road, #02-11, Singapore 178905 +65 8768 8988 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 AfterNext Acquisition I Corp. (Exact name of registrant as specified in its charter) (State or ...
Palantir's on Fire. Will Earnings Hit With Water or Gasoline?
Etftrends· 2025-11-24 14:27
Core Insights - Palantir Technologies, Inc. (Ticker: PLTR) has been a top performer in the S&P 500 this year, reaching an all-time high of $190.00 on August 12, but has since experienced sideways trading as it digests its gains [3][4] - The company is recognized as a leader in artificial intelligence and big data analytics, with its platforms enabling clients to process large datasets and make real-time decisions [3][4] - Palantir's expansion into generative AI, healthcare, and energy sectors, along with high-profile government contracts, supports its growth momentum and financial stability [4] Financial Performance - The upcoming earnings report on November 3 is expected to show solid top-line growth, but there are concerns about sustaining momentum amid high expectations [8] - Bulls highlight expanding commercial contracts and improving margins, while skeptics suggest that positive news may already be reflected in the share price, leaving little room for error [8] Competitive Landscape - Competition in the AI and analytics space is intense, with companies like Snowflake, Databricks, and Google rapidly scaling [7] - Palantir's ability to transition from government contracts to sustained commercial growth is crucial for its future success [7] Investment Opportunities - Traders looking to capitalize on potential bullish momentum may consider leveraged ETFs that aim for 200% of the performance of Palantir's common stock [5] - Conversely, those anticipating downside pressure might explore inverse ETFs that seek to achieve 100% of the inverse performance of Palantir's shares [9][10]