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X @Bloomberg
Bloomberg· 2025-11-25 08:58
Market Activity - A follow-on equity offering in Qatar is generating hopes for increased activity on the Doha bourse [1]
Taseko(TGB) - 2025 Q3 - Earnings Call Transcript
2025-11-13 17:00
Financial Data and Key Metrics Changes - The third quarter results showed significant improvement over the previous two quarters, with copper production just under 28 million pounds and adjusted EBITDA of CAD 62 million [4][5][12] - Total revenue for the quarter was CAD 174 million, a 50% increase quarter over quarter, driven by higher sales volume and strong copper pricing [12][13] - The average realized copper price was just shy of $4.50 per pound US, in line with the LME average [12] Business Line Data and Key Metrics Changes - Copper sales for the quarter were 26 million pounds, including 900,000 pounds of cathode, slightly below production due to shipment timing [12] - Molybdenum production increased to 560,000 pounds, reflecting higher moly grades [5] - Operating costs at Florence were CAD 8 million for the quarter, expected to increase as operations ramp up [15] Market Data and Key Metrics Changes - The COMEX price for copper has been trading at a premium to the LME, recently at about 4% premium or roughly $0.20 a pound [10] - The U.S. government plans to revisit tariffs in mid-next year, with potential tariffs on cathode increasing to 15% by the end of 2026 [10] Company Strategy and Development Direction - The company is focused on ramping up production at the Florence project, with expectations to produce copper early in the new year [8][9] - The company plans to advance work at the Yellowhead project, viewing it as an important long-term growth opportunity [11] - The recent equity offering has strengthened the balance sheet, allowing for additional working capital support ahead of the Florence ramp-up [11][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the ramp-up at Florence and the potential for increased production next year [20] - The early results from the wellfield operations are positive, indicating a good start for the project [8][20] - The company is monitoring market dynamics closely, especially regarding potential future tariffs and their impact on copper pricing [10] Other Important Information - The company achieved substantial completion of the SXEW plant at Florence, marking a significant milestone [7][14] - The company ended the quarter with CAD 91 million in cash, positioning it well for future operations [15] Q&A Session Summary Question: Benefits of accelerating wellfield drilling - Management indicated that the key is to open additional wells to increase solution flows, which is crucial for ramp-up [18] Question: Production guidance for next year - Management refrained from providing specific production guidance but expressed optimism based on current conditions [20] Question: Milestones for declaring commercial production - Management stated that the focus will be on operating profit and cash flow rather than traditional metrics for declaring commercial production [26][28] Question: Accounting for revenues and costs - Revenue will be recognized once cathode is sold, and some costs will be capitalized until the plant is fully operational [29] Question: Status of initial capital spend - Management confirmed that the initial capital spend is effectively complete, with only minor commissioning costs expected in Q4 [30]
X @Bloomberg
Bloomberg· 2025-11-05 17:40
Funding Options - Worldline 正在研究融资方案,包括潜在的股权发行,以巩固其资本基础 [1] Company Status - Worldline 是一家陷入困境的法国支付公司 [1]
Kimco Realty® Announces $750 Million ATM Equity Offering Program and $750 Million Stock Repurchase Program
Globenewswire· 2025-11-04 01:28
Core Points - Kimco Realty Corp. has established an "at the market" continuous offering program to sell up to $750 million of its common stock through various sales agents [1] - The company has terminated its previous equity sales agreement to facilitate this new offering [1] - The proceeds from the offering and any forward sale agreements will be used for general corporate purposes, including acquisitions, development costs, and debt reduction [3] Offering Details - The continuous offering will allow sales of common stock through negotiated transactions and market offerings, including sales on the New York Stock Exchange [1] - The company may enter into forward sale agreements with multiple financial institutions to hedge these offerings [2] - The company does not expect to receive initial proceeds from shares sold under forward sale agreements until settlement occurs [2] Share Repurchase Program - The Board of Directors has approved a new share repurchase program for up to $750 million, replacing the previous program [6] - Repurchases can be made through various methods, including open market purchases and privately negotiated transactions [7] - The timing and amount of repurchases will depend on market conditions and other factors [7] Company Overview - Kimco Realty Corp. is a leading real estate investment trust (REIT) focused on grocery-anchored shopping centers and mixed-use properties in the U.S. [9] - As of September 30, 2025, the company owned interests in 564 shopping centers and mixed-use assets, totaling 100 million square feet of gross leasable space [9]
Allied Gold Closes C$175 Million Overnight Marketed Equity Offering
Globenewswire· 2025-10-24 12:49
Core Viewpoint - Allied Gold Corporation has successfully completed a public offering of common shares, raising C$175,040,000 through the issuance of 6,400,000 shares at a price of C$27.35 per share [1][2]. Group 1: Offering Details - The offering was conducted through joint bookrunners Stifel Nicolaus Canada Inc., Canaccord Genuity Corp., and National Bank Financial Inc., along with a syndicate of underwriters including CIBC World Markets Inc. and Cormark Securities Inc. [1] - The shares were offered in all provinces of Canada and in the United States on a private placement basis, with an over-allotment option granted to the underwriters [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for several initiatives, including funding optimization and growth initiatives, particularly for the development of infrastructure at Sadiola, and modifications to the plant at Kurmuk to increase processing capacity [2] - Additional uses include transitioning to owner mining at one or more operations and general corporate purposes to capitalize on emerging opportunities [2]. Group 3: Company Overview - Allied Gold Corporation is a Canadian-based gold producer with a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali, and Ethiopia [7] - The company aims to progress through exploration, construction, and operational enhancements to become a mid-tier, next-generation gold producer in Africa and ultimately a leading senior global gold producer [7].
Colibri Announces Increase in Equity Offering Due to Strong Investor Demand; Progress Toward Selection of Drilling Contractor for EP Gold Project
Newsfile· 2025-10-16 13:19
Core Insights - Colibri Resource Corporation has announced an increase in its equity offering due to strong investor demand, raising the offering size from 8,666,666 units to 11,500,000 units at a price of $0.15 per unit [2][3] - The company is in the final stages of selecting a drilling contractor for its EP Gold Project, which is fully permitted and drill-ready, with plans to expand known mineralized zones and test additional high-priority targets [3][5] - Management expresses confidence in the financing response, indicating that the funds will support exploration at the EP Gold Project and strengthen the company's balance sheet [5][6] Equity Offering Details - The equity units consist of one share and one common share purchase warrant, with each warrant allowing the holder to acquire one common share at a price of $0.25 for a period of 24 months [2][3] - The company anticipates closing the book to new subscriptions soon, with the closing of the offering subject to the acceptance of the TSX Venture Exchange [4][6] Drilling Program Update - The EP Gold Project is ready for drilling, and the upcoming program is expected to be fully financed through the equity offering [3][5] - The company has narrowed its selection to two drilling contractors and expects to finalize an agreement shortly [3][5] Company Overview - Colibri Resource Corporation is focused on acquiring, exploring, and developing gold and silver properties in Mexico, holding four high-potential projects including the EP Gold Project and the Pilar Gold & Silver Project [7]
IonQ Announces Pricing of $2.0 Billion Equity Offering
Businesswire· 2025-10-10 12:50
Core Viewpoint - IonQ has announced a $2.0 billion equity offering, which includes common stock and warrants, indicating strong market confidence and a strategic move to raise capital for future growth [1] Group 1: Equity Offering Details - The equity offering consists of 16,500,000 shares of IonQ's common stock priced at $93 per share [1] - Additionally, the offering includes pre-funded warrants to purchase 5,005,400 shares at the same price of $93 per warrant, representing a 20% premium to IonQ's closing stock price on October 9, 2025 [1] - The offering also includes seven-year warrants to purchase an additional 43,010,800 shares of IonQ [1]
Reconnaissance Energy Africa to raise C$10M in equity offering; provides Kavango West update
Proactiveinvestors NA· 2025-09-19 12:36
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
X @Wu Blockchain
Wu Blockchain· 2025-09-17 10:33
Financial Strategy - Forward Industries 宣布了一项 40 亿美元的 ATM (at-the-market) 股权发行计划 [1] - 该计划旨在灵活筹集资金,以支持其 Solana 国库战略、一般公司用途和增长计划 [1] Corporate Actions - Forward Industries 已向 SEC 提交了相关文件,以启动该计划 [1]
Rocket Lab stock slides on possible $750M equity offering
Proactiveinvestors NA· 2025-09-16 16:17
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also keeping the community updated on blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]