Joint Venture

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Goldrea Options Hanstone's Snip North Property
Newsfile· 2025-10-03 13:40
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2025) - Goldrea Resources Corp. (CSE: GOR) (FSE: GOJ1) (OTC Pink: GORAF) ("Goldrea" or the "Company") is pleased to announce the execution of an option agreement dated September 29th, 2025 between the Company and Hanstone Gold Gorp. ("Hanstone") whereby Goldrea can acquire 70% of Hanstone's Snip North property (the "Property") in northwestern British Columbia, in an area known as the "Golden Triangle". Contiguous to Goldrea's Cannonball property, th ...
Fortuna expands West African presence, forms exploration alliance in Guinea with DeSoto Resources
Globenewswire· 2025-10-02 09:00
VANCOUVER, British Columbia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce it has executed a binding Heads of Agreement (HOA) with DeSoto Resources Limited, an Australian-listed gold exploration company, to establish an exploration alliance and joint venture across the highly prospective Siguiri Basin in Guinea. New Exploration Front Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “Guinea’s Siguiri Basin has demonstrated potenti ...
Ryan, Dhruva Advisors to form JV in India
Yahoo Finance· 2025-10-01 09:58
Global tax services and software provider Ryan has announced a joint venture (JV) with Dhruva Advisors, a tax advisory firm in India. This move is intended to enhance Ryan's service offerings in growing markets and increase its international presence. The transaction will see Ryan obtaining a majority share in Dhruva Advisors. Senior leaders from Ryan are set to join Dhruva Advisors’ board, while partners from the latter will gain equity in Ryan. Dhruva Advisors chairman and CEO Dinesh Kanabar is appoi ...
Questerre closes PX acquisition and enters joint venture for the project
Globenewswire· 2025-09-29 06:10
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce it has entered a binding term sheet (the “Term Sheet”) for a 50/50 joint venture to own and develop Parana Xisto SA (“PX Energy”), an oil shale production and refining company based in southern Brazil (the “Join ...
Mothercare FY sales slide on Middle East uncertainty
Yahoo Finance· 2025-09-25 10:31
Core Insights - Mothercare's worldwide retail sales decreased by 18% to £230.6 million ($310.2 million) due to ongoing uncertainty in the Middle East and a reduction in sales arrangements in the UK [1] - The Group's Franchise Partners reported total retail sales of £80.7 million in the first 23 weeks of FY26, down from £107.7 million in FY25 [1] - Adjusted EBITDA for the 52-week period ending March 29 fell to £3.5 million from £6.9 million the previous year, while adjusted operating profit dropped 69% to £2 million [2] Financial Performance - The decline in retail sales is expected to lead to significantly reduced profitability for the Group [1] - The current business model is capable of supporting higher volumes, which could lead to increased income primarily benefiting the bottom line [2] Strategic Focus - Mothercare is in discussions with various parties to restore critical mass, particularly in the UK market [3] - The company aims to monetize operational gearing by enhancing its product offerings and leveraging the strength of the Mothercare brand [5] Historical Context - In 2019, Mothercare entered administration in the UK and closed all 79 stores, shifting focus to international operations and adopting a franchise model in the Middle East [4] - In 2023, the company formed a joint venture with India's Reliance Brands to franchise its brand in parts of Asia [4]
ADM Collaborates With Alltech to Enrich Customers' Experience
ZACKS· 2025-09-24 18:01
Core Insights - Archer Daniels Midland Company (ADM) is launching a North American animal feed joint venture with Alltech to enhance customer advantages through optimized organizational and operational structures [1][10] Company Overview - ADM will retain its Canadian facilities and U.S. premix and additive businesses, while Alltech will contribute its Hubbard Feeds and Masterfeeds businesses, which include 18 feed mills in the U.S. and 15 in Canada [2][4] - The joint venture will leverage the complementary strengths of both companies in feed production, utilizing their expertise, manufacturing capabilities, and established product portfolios [3][10] Strategic Initiatives - ADM is focusing on productivity, innovation, and aligning operations with trends in food security, health, and wellness, while advancing initiatives in biosolutions and health & wellness to meet customer demand [6] - The company is improving processing capacities and creating additional margin opportunities through digital technologies and partnerships, emphasizing strategic simplification [7] Market Performance - ADM's shares have increased by 16% over the past three months, contrasting with a 1.5% decline in the industry [8]
NN, Inc. Advances Momentum with Continuation of its Joint Venture Partnership
Globenewswire· 2025-09-18 20:05
Core Viewpoint - NN, Inc. has received approval from the Chinese government to continue its Joint Venture with Weifu in Wuxi, China, extending a successful 20-year partnership that has significantly contributed to the automotive market [1][2]. Company Overview - NN, Inc. is a global diversified industrial company that specializes in engineering and manufacturing high-precision components and assemblies for various markets [6]. - The company has a strong presence in China, with over $200 million in profitable sales across its three businesses, making it the largest global automotive market for NN [2][4]. Joint Venture Details - The Joint Venture, known as Wuxi Weifu Autocam, has achieved consistent growth, currently generating approximately $130 million in annual sales [2][3]. - The JV supplies high-end automotive parts for both local consumption and key export markets, playing a crucial role in the largest auto market globally, which sees about 29 million passenger vehicles sold annually [2]. Operational Insights - The Joint Venture is currently expanding due to increased business, having outgrown its existing facilities, and employs over 550 people across three shifts [3]. - NN, Inc. holds a 49% stake in the Joint Venture, while Weifu owns 51%, with key executives from NN serving on the Board of Directors [4]. Market Position - The Joint Venture is a key supplier to major automotive OEMs in China, including BYD, highlighting its importance in the local automotive supply chain [2].
Co-Diagnostics Stock Plunges 28% In Pre-Market Despite Strategic Saudi Partnership - Co-Diagnostics (NASDAQ:CODX)
Benzinga· 2025-09-17 09:17
Co-Diagnostics Inc. CODX shares dropped 28.26% to $0.46 in pre-market trading on Tuesday, wiping out the gains from Monday’s 80.76% surge, which had closed at $0.64, according to Benzinga Pro data.Check out the current price of CODX stock here.Strategic Partnership Fails to Sustain MomentumThe molecular diagnostics firm revealed it has signed a Memorandum of Understanding with a Saudi Arabian partner to potentially create a joint venture aimed at developing and distributing its Co-Dx™ PCR platform technolog ...
Surge Announces Letter of Intent with Evolution Mining Limited to Enter into a Joint Venture Agreement
Newsfile· 2025-09-16 11:00
Surge Announces Letter of Intent with Evolution Mining Limited to Enter into a Joint Venture AgreementSeptember 16, 2025 7:00 AM EDT | Source: Surge Battery Metals Inc.West Vancouver, British Columbia--(Newsfile Corp. - September 16, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that it has entered into a non-binding letter of intent ("LOI") with Evolution Mining Limited ("Evolution"), pursuant to which the parties wi ...
Crude Oil Rises 1%; Manufacturing Activity in New York Falls In September
Benzinga· 2025-09-15 18:57
Market Performance - U.S. stocks traded higher, with the Dow Jones index gaining approximately 0.1% on Monday, closing at 45,856.77. The NASDAQ rose 0.75% to 22,307.16, and the S&P 500 increased by 0.37% to 6,608.41 [1] - Consumer discretionary shares experienced a significant increase of 1.9%, while health care stocks fell by 0.5% on the same day [1] Economic Indicators - The New York Empire State Manufacturing Index declined to -8.7 in September, down from 11.9 in August and below market estimates of 5 [2][10] Commodity Prices - Oil prices increased by 1% to $63.31, while gold rose by 0.3% to $3,698.80. Silver decreased by 0.1% to $42.810, and copper saw a rise of 1% to $4.6975 [5] European Market Performance - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.47%. Spain's IBEX 35 Index increased by 0.63%, while London's FTSE 100 fell slightly by 0.01%. Germany's DAX 40 gained 0.27%, and France's CAC 40 rose by 1.05% [6] Asian Market Performance - Asian markets closed mostly mixed, with Hong Kong's Hang Seng rising by 0.22%, China's Shanghai Composite falling by 0.26%, and India's BSE Sensex declining by 0.15% [7] Company News - Check-Cap Ltd. (CHEK) shares surged by 261% to $2.68 following a definitive merger agreement with MBody AI. Helius Medical Technologies, Inc. (HSDT) shares increased by 161% to $19.70 after announcing a $1.25 billion SOL-backed treasury strategy with an oversubscribed PIPE offering at $6.88 per share [9] - Robo.ai Inc. (AIIO) shares rose by 43% to $2.0850 after signing a joint venture agreement to establish Robo.ai Industrial City in Dubai [9] - aTyr Pharma, Inc. (ATYR) shares plummeted by 81% to $1.1694 after failing to meet primary endpoints in a Phase 3 study [9] - Avidity Biosciences, Inc. (RNA) shares fell by 7% to $41.68 following a filing for an offering of 15 million shares of common stock [9] - The Hain Celestial Group, Inc. (HAIN) shares dropped by 26% to $1.5894 after reporting worse-than-expected fourth-quarter financial results [9]