Haverford, PA, May 14, 2025 (GLOBE NEWSWIRE) -- Investview, Inc. (OTCQB: INVU), a diversified financial technology services company that offers multiple business units across key sectors, including a financial education division offering tools, products and content through a global network of independent distributors; a manufacturing division focused on proprietary aesthetics, health, nutrition, & cognitive wellness products for wholesale and retail markets, with strategic plans for global expansion; an ear ...

SINGAPORE, May 14, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending April 30, 2025.Management Commentary"Our April production metrics demonstrate our ability to maintain a cost-effective mining operation on a global scale, as we expand our footprint and grow our bitcoin holdings," said Nangeng Zhang, chairman and chief executive officer of Canaan. "Consistent with our policy, we ...

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- “The first quarter of 2025 was an important step forward for us – a period where we continued to execute on our long-term strategy and strengthen the business for the future,” said Jonathan Goodman, President and Chief Executive Officer of Dundee Corporation. “We’ve been steadily working to simplify our portfolio, reduce leverage, and sharpen our focus on our core mining strategy. This quarter, we delivered on that plan. In February, we announced the pending sale of ...

Core Viewpoint - Endeavour Silver Corp. reported strong financial and operational results for Q1 2025, driven by higher realized prices for silver and gold, despite a decrease in production volumes [2][4]. Financial Overview - Silver ounces produced decreased by 17% to 1,205,793 ounces compared to Q1 2024, while gold ounces produced fell by 18% to 8,338 ounces [4][10]. - Revenue remained relatively stable at $63.5 million, a slight decrease of 0% from $63.7 million in Q1 2024, despite a 30% drop in silver ounces sold [4][10]. - The realized silver price increased by 36% to $31.99 per ounce, and the realized gold price rose by 37% to $2,903 per ounce [4][10]. Production and Operating Costs - Cash costs per silver ounce rose by 20% to $15.89, while all-in sustaining costs increased by 14% to $24.48 per ounce [4][9]. - Direct operating costs per tonne increased by 6% to $142.72, attributed to lower throughput [8][10]. Earnings and Cash Flow - The company reported a net loss of $32.9 million for the quarter, a significant increase from a loss of $1.2 million in Q1 2024 [6][13]. - Mine operating cash flow before working capital changes was $8.3 million, down 18% from the previous year [5][10]. Liquidity and Investments - Endeavour maintained a strong liquidity position with cash of $64.7 million and working capital of $14.8 million [5][10]. - The company completed the acquisition of Minera Kolpa and closed a $50 million equity financing to fund this acquisition [5][10]. Future Outlook - The company is well-positioned for sustainable growth with the addition of the Kolpa project and the upcoming Terronera project [2][5].

Plantation, Fla., May 12, 2025 (GLOBE NEWSWIRE) -- T-REX Acquisition Corp. (OTCQB: TRXA), a growth stage, multi-tiered, vertically integrated crypto-mining business, is pleased to announce that the OTC Markets Group has approved the quotation of its common stock shares on the OTCQB ("OTCQB"). The Company's common shares began trading on OTCQB Venture Market under the symbol "TRXA" as of the opening of the market on May 12, 2025. Uplisting to the OTCQB will potentially provide T-REX with greater liquidity an ...

BOISE, Idaho, May 12, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that its unaudited condensed consolidated financial results for the period ended March 31, 2025 were filed. For details, please see the Company's filings available on EDGAR and SEDAR.Perpetua Resources' vision is to provide the U.S. with a domestic source of the critical mineral antimony, develop one of the largest and highest-grade open pit gold ...

Positions American Bitcoin to become a publicly traded vehicle for low-cost Bitcoin accumulation at scaleMIAMI, May 12, 2025 /PRNewswire/ -- American Bitcoin Corp. ("American Bitcoin" or the "Company"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, today announced that it has entered into a definitive merger agreement with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) ("Gryphon") pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merge ...

Transaction designed to drive American Bitcoin’s capital markets access and growth trajectoryMIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreeme ...

SINGAPORE, May 12, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the first quarter ended March 31, 2025, before the U.S. market opens on May 20, 2025.The Company's management team will hold a conference call at 8:00 A.M. on May 20, 2025, U.S. Eastern Time (8:00 P.M. on the same day, Singapore Time) to discuss the financial results. Details for the conference call are as follows: E ...

Core Viewpoint - Pan American Silver Corp. is acquiring MAG Silver Corp. to enhance its silver portfolio, particularly through the high-grade Juanicipio silver mine, which is expected to significantly increase Pan American's exposure to high-margin silver production [1][3][4]. Transaction Details - The acquisition involves a total consideration of approximately $2.1 billion, equating to $20.54 per MAG share, which includes $500 million in cash and 0.755 Pan American shares per MAG share [2][7]. - The consideration represents premiums of approximately 21% and 27% on a prorated basis compared to MAG's closing price and the 20-day volume weighted average price as of May 9, 2025 [2][4]. - Following the transaction, existing MAG shareholders will own about 14% of Pan American on a fully diluted basis [2][8]. Benefits to MAG Shareholders - MAG shareholders will receive an immediate premium and gain diversified exposure to Pan American's portfolio of ten silver and gold mines across seven countries [4][6]. - The transaction allows MAG shareholders to maintain exposure to the Juanicipio mine, which continues to show strong operational performance [4][6]. Strategic Rationale for Pan American - The acquisition is expected to de-risk MAG shareholders' concentrated interest in Juanicipio by converting it into equity ownership in a diversified silver producer [6]. - Juanicipio is forecasted to produce between 14.7 million ounces (Moz) and 16.7 Moz of silver in 2025, significantly contributing to Pan American's production [6][10]. - The transaction is projected to enhance Pan American's free cash flow generation, with Juanicipio expected to generate approximately $200 million in free cash flow in 2025 [6][10]. Operational and Financial Strength - The acquisition adds 58 Moz of silver to Pan American's proven and probable mineral reserves and strengthens its position as a leading silver producer [6][10]. - Pan American has a strong track record of returning capital to shareholders, having returned over $1.0 billion through dividends and buybacks since 2010 [6][10]. Closing and Approval Process - The transaction is expected to close in the second half of 2025, pending customary closing conditions and shareholder approval from MAG [9][10]. - All directors and executive officers of MAG have agreed to vote in favor of the transaction [9][12].