-- Company concurrently refinances convertible note on amended terms in conjunction with larger refinancing -- MINNEAPOLIS, July 09, 2025 (GLOBE NEWSWIRE) -- Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF) today announced the retirement of its previously outstanding US$10 million principal amount convertible note issued on November 1, 2024. Concurrently with the retirement of the November 1, 2024 convertible note, on July 7, 2025, the Company issued a new US$10 million principal amoun ...

"Our team is excited to further our partnership with the TerrAscend team to support their growth," said Peter Bio, Partner of FocusGrowth. "TerrAscend has established itself as a market leader in multiple states with ample greenfield opportunities for growth in both new and existing markets. We have enjoyed working with the team on this transaction and are already working with management to evaluate additional opportunities." The Transaction constitutes a "related party transaction" within the meaning of Mu ...

Vancouver, British Columbia--(Newsfile Corp. - July 9, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific", "GPAC" or the "Company") announces the appointment of Alex Heath as Chief Financial Officer ("CFO"), effective immediately. Jonathan Richards, Great Pacific Gold's current CFO, and his firm Redfern Consulting will remain engaged by Great Pacific for the next two months to complete the Q2 2025 regulatory filings and ensure a smooth transition. About Great Pacific Go ...

MONTREAL, July 09, 2025 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (“Troilus” or the “Company”) (TSX: TLG; OTCQX: CHXMF; FSE: CM5R) is pleased to announce the appointment of Mr. Rob Doyle as Strategic Advisor to the CEO and Chairman, effective August 1, 2025. A highly respected executive in the global mining sector, Mr. Doyle will provide strategic, financial and operational guidance as the copper-gold Troilus Project advances toward construction and long-term production. Mr. Doyle brings more than 25 years of ...

Core Viewpoint - Vireo Growth Inc. has successfully refinanced its existing senior secured debt and expanded its credit capacity, resulting in significant interest savings and a stronger financial position for the company [1][4][5]. Group 1: Refinancing Details - The company closed a $120 million self-syndicated first lien term loan with leading banks, which refinances all existing senior secured obligations and is secured by a first-priority lien on substantially all assets [2][4]. - The three-year facility has an interest rate of 8.3% (1-month SOFR + 4.0%) and allows for prepayment at any time without penalty [2][3]. - Additionally, a $33 million second lien term loan was closed, featuring a $50 million accordion to support future strategic initiatives, with an interest rate of prime + 5.5% [3][4]. Group 2: Financial Impact - The refinancing is expected to generate over $10 million in annual interest savings, thereby enhancing the company's financial position and long-term shareholder value [1][4]. - The combined financing of $153 million strengthens the company's balance sheet with over $100 million in cash [1][4]. Group 3: Strategic Context - The refinancing follows a series of mergers that expanded Vireo's operational footprint and market leadership, consolidating and optimizing debt across the platform [4][5]. - The initiative reflects disciplined capital planning and strong institutional demand, with the senior facility being significantly oversubscribed [5][6]. Group 4: Leadership and Confidence - Lenders expressed confidence in the company's operating model, financial strategy, and leadership continuity, particularly the ongoing role of CEO John Mazarakis [6][7]. - The strong response from lending partners indicates progress made by the company and confidence in its ability to execute its long-term strategy [7].

Core Viewpoint - Asante Gold Corporation has successfully closed a bought deal private placement, raising gross proceeds of C$236,785,000 through the issuance of 163,300,000 subscription receipts at a price of C$1.45 each, which will be used for development and growth expenditures at its mines and to settle obligations with Kinross Gold Corporation [1][12]. Financing Details - The offering was completed under an underwriting agreement with BMO Capital Markets as the lead underwriter, with a cash commission of 5.5% on gross proceeds, excluding certain sales [2]. - The gross proceeds, after deducting 50% of the underwriters' commission and related expenses, are held in escrow until specific conditions are met, including the satisfaction of the Escrow Release Condition [3][5]. - The company plans to secure a financing package that includes a US$150 million senior debt facility, a US$125 million subordinated debt facility, and a US$50 million gold stream financing [8]. Financing Package Composition - The financing package is expected to involve US$175 million from Appian Capital Advisory Ltd. and US$170 million from FirstRand Bank Limited, with specific allocations for each component of the financing [9]. - The company intends to issue common share purchase warrants to Appian as part of the financing arrangement, which will be exercisable at a price of C$1.67 per share [9]. Kinross Debt Settlement - Asante Gold plans to settle approximately US$53 million in deferred consideration owed to Kinross Gold Corporation through cash payments and the issuance of common shares to increase Kinross's equity ownership to 9.9% [10]. Use of Proceeds - The net proceeds from the offering and financing package will be allocated for development and growth at the Bibiani and Chirano mines, settling obligations to Kinross, and general working capital [12]. Corporate Updates - The company announced the retirement of its Chief Operating Officer, Adriano Sobreira, and the strengthening of its senior management team with new appointments in Ghana [15][16]. - The annual general and special meeting of shareholders has been rescheduled to October 2025 to accommodate holders of subscription receipts [18].

Core Viewpoint - Surge Copper Corp. is advancing its Berg Project through a non-brokered equity financing of up to $6.4 million, aimed at completing a Preliminary Feasibility Study and initiating early-stage permitting activities as part of its 2025 objectives [1] Financing Details - The financing will occur through two concurrent private placements: 1. LIFE Offering: Up to 14.3 million common shares at $0.175 per share, raising up to $2.5 million, expected to close in two to three weeks [2] 2. Concurrent Strategic Investment: A significant existing strategic investor will purchase common shares at the same price, potentially raising up to $3.9 million, expected to close within four to six weeks [3] - The Company may increase the size of the LIFE Offering based on demand [4] Use of Proceeds - Net proceeds from the Offering will fund engineering, environmental, and early-stage permitting activities at the Berg Project, supporting the completion of a Preliminary Feasibility Study and entry into the Environmental Assessment process [5] Company Overview - Surge Copper Corp. is focused on developing a critical metals district in British Columbia, owning a large mineral claim package with advanced porphyry deposits containing copper, molybdenum, gold, and silver [11] - The Company holds a 100% interest in the Berg Project, which has a maiden PEA indicating a large-scale project with an NPV8% of C$2.1 billion and an IRR of 20% based on long-term commodity prices [12]

Loan Refinancing - Refinancing Parent PLUS loans 可帮助节省资金并降低每月还款额 [1] - 了解如何为 Parent PLUS loan 进行再融资 [1]

FY 2025 Results Investor Presentation The information contained in this presentation has not been independently verified. In all cases, interested parties should conduct their own investigation and analysis of the information. No representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, reasonableness, accuracy, completeness or correctness of such information or opinions contained herein. In particular, no inference of any matter whatsoever shall be ...

Core Insights - UMH Properties, Inc. (UMH) reported strong second-quarter performance driven by rental home conversions, rising occupancy, and increased rental income [1] Group 1: Rental Home Performance - UMH converted 188 homes from inventory to revenue-generating rental units in Q2, bringing the total to 10,600 rental homes with a 94.4% occupancy rate [2][11] - Year-to-date, UMH has transitioned 305 homes into rental units and aims to reach a full-year goal of 800 new rental homes, with over 500 homes in the setup pipeline [3] Group 2: Sales and Revenue - The company achieved $10.3 million in gross home sales revenues for the quarter, a 17% increase from the previous year, setting a new quarterly sales record [4][11] Group 3: Refinancing Activities - UMH refinanced ten communities through its Fannie Mae credit facility, generating $101.4 million in proceeds from properties appraised at $163.5 million, reflecting a 146% appreciation from its $66.6 million investment [5] - The refinancing resulted in approximately $56 million in excess proceeds, which can be reinvested in rental home programs, expansions, and capital upgrades [6] Group 4: Acquisitions - UMH acquired two manufactured home communities in Conowingo, MD, for $14.625 million, adding 191 developed homesites and enhancing operational synergies with existing properties [7][8] - The total year-to-date community purchases amount to four, representing 457 sites for $39.2 million [8] Group 5: Overall Strategy and Market Position - The second-quarter performance underscores the effectiveness of UMH's rental home strategy and disciplined capital deployment, with rising occupancy and record home sales [9] - Shares of UMH have increased by 6.3% over the past year, contrasting with a 1.3% decline in the industry [10]