NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ROUYN-NORANDA, Quebec, June 18, 2025 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. ("Abcourt" or the "Corporation") (TSX Venture: ABI) (OTCQB: ABMBF) is pleased to announce that it intends to complete a non-brokered private placement of a secured convertible debenture of the Corporation (the "Debenture") for gross proceeds of $3,000,000 (the "Debenture Offering"). Debenture Offering Concurrently with the closing of the Debenture ...

Core Point - Ram Trucks is set to introduce an industry-leading warranty for its 2026 vehicle lineup as part of an 18-month turnaround plan for the Stellantis-owned brand [1] Warranty Details - The new warranty will cover the engine, transmission, transfer case, driveshafts, differentials, and axles for 10 years or 100,000 miles, whichever comes first, replacing the previous five-year or 60,000-mile warranty [2] - This change comes in response to the rising costs of vehicles, particularly pickup trucks, which often leads to longer financing terms that exceed the duration of existing warranties [3] Financing Trends - A significant 85% of truck buyers are financing their purchases for seven years or more, with many keeping their vehicles for up to 12 years due to increased costs [4] - Data from Edmunds.com indicates that 84-month loans for new-car buyers reached an all-time high of 19.8% in the first quarter, while 67.4% of new-vehicle financing loans were between 60 months and 75 months [4]

Core Viewpoint - Goliath Resources Limited has amended the exercise price of common share purchase warrants related to its recent private placements, which include a "bought deal" offering and a concurrent offering, with the new exercise price set at C$2.12 per share [4]. Group 1: Offerings and Financial Details - The Company is conducting a "bought deal" private placement of 6,310,000 common shares at a price of C$3.17 per share, aiming for gross proceeds of C$20,002,700 [1]. - A concurrent offering of up to 1,281,545 Charity Flow-Through Shares is also being conducted at the same price of C$3.17 per share, targeting gross proceeds of up to C$4,062,500 [1]. - The Underwriters will receive a cash commission of 6.0% of the gross proceeds from the Bought Deal Offering and warrants equal to 6.0% of the shares sold [2]. - Finders involved in the Concurrent Offering will receive a similar compensation structure, including a cash fee of 6.0% and warrants [3]. Group 2: Amendments and Regulatory Approvals - The exercise price for both the Broker Warrants and Finder's Warrants has been amended from C$1.95 to C$2.12 per common share, while other terms remain unchanged [4]. - The closing of both the Bought Deal Offering and the Concurrent Offering is subject to regulatory approvals, including that of the TSX Venture Exchange [5]. Group 3: Company Background - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with all projects located in favorable geological and geopolitical settings [7]. - The Company has strategic cornerstone shareholders, including Crescat Capital and McEwen Mining Inc., indicating strong backing in the industry [7].

Hong Kong, China, June 09, 2025 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3e Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider, today announced the pricing of up to $7.4 million aggregate principal amount of senior convertible secured notes (the “Notes”) to be issued in three tranches, and accompanying warrants (the “Warrants”), in a private placement (the “Offering”) to an institutional investor (the “Investo ...

LUXEMBOURG, June 03, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that the effects of the recent consolidation of its shares of common stock (also known as a reverse stock split) at a ratio of 1-for-8 (the “Share Consolidation”) on its publicly traded warrants. As previously disclosed, the Share Consolidation became effective as of 12:01 a.m. CET on ...

Core Points - Beauce Gold Fields has received Board approval to extend the exercise date of 6,000,000 outstanding common share purchase warrants until June 14, 2027 [1][2] - The warrants, originally set to expire on June 15, 2025, have an exercise price of $0.10, and none have been exercised to date [2] Company Overview - Beauce Gold Fields is focused on exploring and developing the largest placer gold district in eastern North America, with the goal of tracing old placer gold workings back to a bedrock source to uncover economic lode gold deposits [3] - The flagship property is the St-Simon-les-Mines Gold project, which is historically significant as the site of Canada's first gold rush, predating the Yukon Klondike [3] - The Beauce region has a rich history of placer gold mining, with operations from the 1860s to the 1960s, producing some of the largest gold nuggets in Canadian mining history, ranging from 50 ounces to 71 ounces [3] - The company is currently exploring recently discovered antiform systems that may have contributed to extensive auriferous placer deposits in Beauce [3] - The geological model suggests that placer gold formed in stressed quartz pockets within layered domed Axis of Antiforms, similar to notable global Saddle Reef formations [3]

Core Viewpoint - Akamai Technologies, Inc. has announced a private offering of $1.5 billion in convertible senior notes due 2033, which was upsized from a previously announced $1.35 billion offering [1][3] Group 1: Offering Details - The notes will be senior unsecured obligations, maturing on May 15, 2033, with an interest rate of 0.25% per year, payable semiannually starting November 15, 2025 [2] - The initial conversion rate is set at 10.7513 shares per $1,000 principal amount, equating to an initial conversion price of approximately $93.01 per share, representing a 20% premium over the closing price of $77.51 on May 14, 2025 [2] Group 2: Use of Proceeds - Akamai estimates net proceeds from the offering to be approximately $1,479.1 million, or $1,701.3 million if the option for additional notes is fully exercised [3] - The company plans to use about $250 million to repay borrowings under its revolving credit facility and a portion of its $1.15 billion convertible senior notes due 2027 [4] - Approximately $239.1 million will be allocated to cover costs related to convertible note hedge transactions [5] - Akamai intends to repurchase approximately $300 million of its common stock at a price of $77.51 per share from purchasers of the notes [6] Group 3: Repurchase and Conversion Terms - Holders can require Akamai to repurchase their notes for cash on May 15, 2031, if the stock price is below the conversion price [7] - In the event of a fundamental change, holders may also require repurchase at a price equal to 100% of the principal amount plus accrued interest [7] Group 4: Hedge Transactions - Akamai has entered into convertible note hedge and warrant transactions to mitigate potential dilution from the notes [8] - The hedge transactions will cover the same number of shares underlying the notes, and the warrants could have a dilutive effect if the market price exceeds the strike price [8] Group 5: Market Impact - The Option Counterparties may engage in purchasing shares or entering derivative transactions, which could influence the market price of Akamai's common stock and the notes [9]

Frontdoor (FTDR) FY Conference May 13, 2025 03:50 PM ET Speaker0 Hi. Good afternoon, everyone. Corey Carpenter, Internet analyst at JPMorgan. Happy to have Frontdoor chairman and CEO, Bill Cobb, and CFO, Jessica Ross, with me today. Akhil has been CEO since 2022, chairman since before the service master spin, and Jessica joined in 2022 from Salesforce. So thank you both for joining. Hi, Corey. I got plenty of questions to go through. We'll open it up at this time, though, at the end for q and a. I think eve ...

CAMBRIDGE, Mass., May 13, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) ("Akamai"), the cybersecurity and cloud computing company that powers and protects business online, today announced that it proposes to offer, subject to market factors and other conditions, $1.35 billion in aggregate principal amount of convertible senior notes due 2033. The notes are to be sold only to persons reasonably believed to be "qualified institutional buyers" pursuant to Rule 144A under the Securities Act of 1 ...

CHEYENNE, Wyo., May 9, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to provide an update regarding the exercises of previously issued warrants subsequent to the Company's latest Form 10-Q filing for the three months ended January 31, 2025, filed on March 17, 2025.At January 31, 2025, the Company reported 4,788,112 warrants outstanding. Since then, the Company has benefited from the exercise of 1,864,668 warrants, generating gross proceeds f ...