Core Viewpoint - Fancamp Exploration Ltd. is spinning out its exploration assets into a newly formed subsidiary, Goldera Exploration Ltd., with plans to list Goldera on the TSX Venture Exchange to enhance focus and market recognition [1][7]. Leadership Team - Goldera's Board consists of four members: Rajesh Sharma, Charles Tarnocai, Mark Billings, and Mathieu Stephens [2]. - Key management appointments include Rajesh Sharma as Executive Chairman, Charles Tarnocai as CEO, Arnab De as CFO, Debra J. Chapman as Corporate Secretary, François Auclair as VP Exploration, and Paul Ténière as VP Corporate Development [2]. Management Expertise - Rajesh Sharma emphasizes that the formation of Goldera is crucial for unlocking the value of the exploration portfolio, supported by a leadership team with geological, technical, operational, governance, and capital markets expertise [3]. - Charles Tarnocai has extensive experience in mineral exploration and project development, previously serving as Director of GT Gold Corp and Vice President at Alamos Gold Inc. [3]. - François Auclair brings over 35 years of international experience in exploration and development, having held leadership roles in both major and junior mining companies [4]. - Paul Ténière has over 25 years of global experience in mining, with expertise in exploration, project development, and compliance with reporting standards [5]. Strategic Intent - The spin-out aims to create an independent, publicly traded company to advance Fancamp's exploration portfolio, enhancing shareholder value and providing distinct growth platforms [7]. - The spin-out transaction is on track for completion in Q2-2026, with confidence in the leadership team's ability to drive exploration and discovery potential [7]. Company Overview - Fancamp Exploration Ltd. focuses on medium-term growth and monetization opportunities in high-potential mineral projects, including copper, gold, zinc, titanium, and rare-earth metals [8][9]. - The company holds significant interests in various projects, including a 96% stake in Magpie Mines Inc., which owns a major undeveloped titanium deposit [9].

Core Insights - Kent Companies is undergoing a corporate reorganization to enhance leadership focus and support its significant expansion across nine states [9] - The company has more than doubled its store count since 2020, now operating 132 stores, with recent acquisitions and new store openings [6] Company Structure - The reorganization will split Kent's operations into two divisions: a retail group focused on convenience stores and a services group for other operations [9] - Brett Giseki has been appointed as president of the retail group, overseeing convenience store, foodservice, and merchandising operations [9] - Todd Watkins will lead the services group, which includes car-care businesses and other operational segments [10] Leadership Experience - Brett Giseki brings over 30 years of experience in the c-store industry, having previously served as president of Enmarket, where he oversaw growth from 57 to 139 locations [8] - Todd Watkins has been with Kent since 2017 and has played a key role in the company's expansion as COO [11]

Core Viewpoint - Nova Minerals Limited plans to undergo a corporate reorganization, including redomiciliation to the United States, following the loss of its foreign private issuer status effective July 1, 2026. This move aims to enhance access to U.S. capital markets and facilitate the acquisition of the remaining 15% interest in the Estelle Gold and Critical Minerals Project [1][2][5][8]. Group 1: Redomiciliation and Corporate Reorganization - Nova will cease to qualify as a foreign private issuer due to the majority of its shares being held by U.S. investors as of December 31, 2025, necessitating compliance with U.S. securities laws from July 1, 2026 [2][8]. - The Board proposes redomiciliation to the United States to minimize conflicts between ASX listing requirements and U.S. domestic issuer obligations, which could complicate trading [3][9]. - The company expects to retain its dual ASX and Nasdaq listings under the same ticker codes, with ASX shareholders receiving CHESS Depositary Interests and Nasdaq ADS holders receiving shares of common stock in the new U.S. domiciled company [4][11]. Group 2: Financial and Operational Implications - The redomiciliation is anticipated to improve access to lower-cost U.S. equity capital, increase appeal to a broader U.S. investor base, and enhance opportunities for grants and funding from the U.S. government [5][10][17]. - Nova intends to acquire the remaining 15% interest in the Estelle Project, which will provide full ownership and support the project's progression to construction and production [6][14]. - The acquisition process will be managed with appropriate governance and conflict procedures, including consideration by independent directors [15]. Group 3: Leadership Changes - Mr. Michael Melamed has provided three months' notice of his resignation as CFO, effective April 30, 2026, to facilitate the appointment of a U.S.-based CFO with mining sector and U.S. GAAP experience [7][19]. - The company has arrangements in place to ensure continuity of financial oversight and reporting during the transition [20].

Core Viewpoint - Mineros S.A. is evaluating a potential corporate re-domiciliation or reorganization to better align with its evolving asset base, shareholder profile, and long-term strategic objectives [3][5]. Strategic Review and Structural Considerations - The company is assessing the legal, fiscal, regulatory, and operational implications of a potential reorganization, which may include a statutory merger with a newly incorporated successor entity [2]. - The objective is to support disciplined capital allocation and sustainable shareholder value creation [3]. Special Meeting of Shareholders - A special meeting of shareholders has been convened for April 30, 2026, to consider a proposed merger agreement related to the potential re-domiciliation or reorganization [6]. - The record date for shareholders to participate in the meeting is March 11, 2026 [6]. - The meeting is precautionary and does not indicate a final decision by the Board regarding re-domiciliation or reorganization [5]. Additional Details - If the Board decides to proceed with the re-domiciliation or reorganization, full details will be provided in a management information circular delivered to shareholders prior to the meeting [7]. - Mineros S.A. is a leading gold mining company in Latin America, with operations in Colombia and Nicaragua, and a focus on safety, sustainability, and disciplined capital allocation [8][9].

Core Insights - Brookfield Business Partners reported a net income of $43 million for the year ended December 31, 2025, a significant improvement from a net loss of $109 million in 2024, indicating a recovery in financial performance [2][50] - The company generated over $2 billion from capital recycling initiatives and invested $700 million in four growth acquisitions during the year [2] - Adjusted EBITDA for 2025 was $2,409 million, down from $2,565 million in 2024, reflecting the impact of lower ownership in three businesses due to partial sales [3][4] Financial Performance - Net income (loss) attributable to Unitholders for Q4 2025 was $(4) million, compared to $(438) million in Q4 2024 [2] - Adjusted EBITDA for Q4 2025 was $652 million, slightly down from $653 million in Q4 2024 [3] - The net income per limited partnership unit for 2025 was $(0.30), an improvement from $(0.50) in 2024 [2][44] Segment Performance - The Industrials segment achieved an Adjusted EBITDA of $1,281 million for 2025, a 10% increase compared to the previous year, excluding acquisitions and tax recoveries [4] - The Business Services segment's Adjusted EBITDA was $823 million for 2025, down from $832 million in 2024, but showed a 5% increase when excluding the impact of acquisitions and dispositions [6][7] - The Infrastructure Services segment reported an Adjusted EBITDA of $436 million for 2025, down from $606 million in 2024, impacted by the sale of operations [9] Strategic Initiatives - The company is nearing completion of a corporate reorganization aimed at enhancing global demand for its shares, with approval received from unitholders and the Supreme Court of British Columbia [12] - Brookfield Business Partners plans to acquire Fosber, a global provider of machinery for the corrugated packaging industry, for approximately $480 million, with BBU's share expected to be around $170 million [11] - A repurchase program has returned approximately $235 million to owners through the buyback of 8.8 million units and shares since its launch [13][14] Liquidity and Dividends - As of December 31, 2025, the company had approximately $2,135 million in liquidity, with pro forma liquidity estimated at $2,600 million after recent transactions [15] - Following the corporate reorganization, the company expects to declare a quarterly dividend of $0.0625 per share, with an annual dividend target of $0.25 per share [16][51]

Core Viewpoint - Zynex, Inc. is addressing the federal indictments of two former executives while emphasizing its commitment to integrity and compliance under new leadership [1][2][3]. Company Response to Indictments - The individuals indicted are no longer with Zynex and do not influence current operations. Following the indictments, Thomas Sandgaard was removed as director and Chair of the Board [2]. - Zynex has not faced any criminal or civil charges [2]. Leadership and Compliance Overhaul - Over the past six months, Zynex has completely overhauled its leadership, compliance program, billing practices, and operational controls [3]. - The company is under new leadership and is committed to maintaining high integrity in its business practices with rigorous compliance oversight [3]. Cooperation with Authorities - Zynex has cooperated extensively with the Department of Justice and other regulators while seeking a long-term resolution to ongoing investigations [3]. Bankruptcy Proceedings - The company is currently reorganizing under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division [3]. Commitment to Future Operations - Zynex aims to build trust through transparency, integrity, and compliance while focusing on improving the quality of life for patients suffering from pain and other conditions [4].

Core Viewpoint - Questerre Energy Corporation is undergoing a reorganization to spin out its Quebec assets, which involves the exchange of existing Class A Common Shares for new Class A Common Shares and Series 2 Preferred Shares, with the original Common Shares being cancelled [2]. Summary by Sections Shareholder Approval and Reorganization Details - Shareholders approved a special resolution for the reorganization on January 15, 2026, leading to the exchange of each Common Share for one New Common Share and one Series 2 Preferred Share [2]. - The New Common Shares will continue trading on the TSX and Oslo Bors under the same CUSIP and ISIN numbers as the original Common Shares, while the Series 2 Preferred Shares will have new identifiers [2]. Fair Market Value - The management estimates the fair market value of the Series 2 Preferred Shares to be approximately C$0.01 per share, although this estimate is not binding on any regulatory body [3]. Key Dates - Important dates related to the reorganization include: - January 15, 2026: Date of shareholder approval - January 21, 2026: Last day of trading in the Common Shares - January 22, 2026: Distribution Record Date in Canada - January 23, 2026: Record Date in Norway - January 27, 2026: Effective Date for distribution of Series 2 Preferred Shares [4]. Series 2 Preferred Shares Terms - The terms of the Series 2 Preferred Shares are expected to be amended to allow the Oversight Committee to nominate a director for election by New Common Shareholders, and to clarify that Toronto Stock Exchange approval is required for any conversion of Series 2 Preferred Shares into New Common Shares [4]. Additional Information on Red Leaf Resources Inc. - In connection with the acquisition of Red Leaf Resources Inc., holders of Red Leaf common shares will receive one Series 2 Preferred Share for each New Common Share issued after the Distribution Record Date [5]. Company Overview - Questerre is positioned as an energy technology and innovation company, focusing on leveraging expertise in low permeability reservoirs to acquire high-quality resources and transition its energy portfolio with clean technologies [6]. - The company emphasizes the importance of balancing economics, environment, and society for the future success of the energy industry, advocating for transparency and public involvement in energy decisions [7].

Core Viewpoint - Beedie Investments Ltd. has completed an internal reorganization involving the transfer of common share purchase warrants and credit agreement rights related to Enthusiast Gaming Holdings Inc. to its wholly-owned subsidiaries [1][2]. Group 1: Reorganization Details - Beedie Capital transferred 42,504,187 common share purchase warrants in Enthusiast Gaming to Beedie Capital Investments and assigned its rights under a credit agreement to Beedie Capital Lending [1]. - All outstanding shares of Beedie Capital Investments and Beedie Capital Lending were transferred to Beedie Capital Holdings, making them wholly-owned subsidiaries [1][2]. Group 2: Ownership Structure - Prior to the reorganization, Beedie Capital would own or control 42,504,187 common shares in Enthusiast Gaming, representing approximately 21.08% of the issued and outstanding common shares on a partially diluted basis [3]. - Following the reorganization, Beedie Capital, through Beedie Capital Investments, continues to own or control the same number of common shares, maintaining the 21.08% ownership stake [4]. Group 3: Investment Intentions - All securities held by Beedie Capital in Enthusiast Gaming, including the warrants, are for investment purposes, with potential future actions including purchasing additional shares or selling portions of the holdings [5].

Core Viewpoint - Permian Resources Corporation is undergoing a corporate reorganization where management and long-term holders are exchanging Class C shares for Class A shares to better align management ownership with public investors and enhance management's ownership stake [1] Group 1 - The reorganization aims to advance the company's strategic goals and improve management's alignment with shareholder interests [1] - This transaction is expected to enhance the ability of management team members to maintain peer-leading ownership levels [1]

Core Viewpoint - Terra Balcanica Resources Corp. plans to spin out its Canadian uranium assets into a wholly-owned subsidiary, Terra North Resources Corp., to enhance focus on exploration and unlock shareholder value [1][4]. Group 1: Spin-Out Transaction Details - The spin-out transaction will involve transferring Terra's 591 km Saskatchewan uranium portfolio, including the Charlot–Neely Lake claim cluster, to Terra North in exchange for 15,000,000 common shares of Terra North [5]. - Terra North will engage Dahrouge Consulting Inc. to complete a NI 43-101 compliant technical report on the Charlot–Neely Lake property to support the spin-out and anticipated CSE listing [2]. - The completion of the spin-out is subject to shareholder approval, CSE approval, and compliance with applicable securities and corporate law requirements [3]. Group 2: Financial and Operational Plans - Terra North will conduct private placement financings to fund a $2 million exploration program in 2026, which will include multiple geophysical surveys and follow-up fieldwork [4][5]. - A portion of the Terra North shares will be distributed to its shareholders on a pro rata basis as a return of capital [5]. - Terra North aims to list its common shares on the Canadian Securities Exchange, targeting a listing in Q2 2026, pending regulatory approvals [5]. Group 3: Company Overview - Terra Balcanica is focused on polymetallic and energy metals exploration, targeting large-scale mineral systems in the Balkans and northern Saskatchewan, Canada [6]. - The company holds a 90% interest in the Viogor-Zanik Project in Bosnia and has a 100% optioned portfolio of uranium-prospective licenses in the Athabasca basin [6].