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Goldmoney Inc. Announces Change of Auditor
Globenewswire· 2025-08-26 00:24
Core Viewpoint - Goldmoney Inc. has changed its auditor from KPMG LLP to BDO Canada LLP, with the transition effective from August 19, 2025 [1][2]. Auditor Change Details - The former auditor, KPMG LLP, resigned at the request of the company effective August 14, 2025 [2]. - The new auditor, BDO Canada LLP, has been appointed to hold the position until the next annual meeting of shareholders [2]. - There were no modified opinions or reportable events from the former auditor regarding the financial statements for the last two fiscal years or the period up to the resignation date [3]. Compliance and Documentation - The company has filed a Change of Auditor Notice on SEDAR+, along with letters from both the former and successor auditors confirming their agreement with the information in the notice [4]. Company Overview - Goldmoney Inc. specializes in the investment and custody of enduring real assets, offering precious metals trading services, secure custody, and storage solutions [5]. - The company also has diversified interests in property investment and jewelry manufacturing [5].
Guardian Announces Issuance of Shares to Retire Debt
Thenewswire· 2025-08-21 23:55
Core Points - Guardian Exploration Inc. has issued 200,000 common shares at a deemed price of $0.115 per share to retire $23,000 of indebtedness to an arm's length contractor [1] - The completion of the debt settlement was subject to conditional approval from the TSX Venture Exchange, which has been obtained [1] - All shares issued in connection with the debt settlement are subject to a statutory four-month hold period in accordance with applicable securities laws [2] Company Overview - Guardian Exploration Inc. is a TSXV listed company engaged in oil and gas as well as mineral exploration and development [3] - The company's prospects include the Mount Cameron Property in the Yukon's Mayo Mining District, mineral claims on southern Dall Island in Southeast Alaska known as the Kaigani claims, and the Sundog and Esker gold projects located in the Kivalliq Region, Nunavut [3]
Ascot Learns of Statement of Claim and Denies Allegations
GlobeNewswire News Room· 2025-08-20 21:00
Core Viewpoint - Ascot Resources Ltd. is facing a class action lawsuit in the Ontario Superior Court of Justice, alleging misrepresentations in public disclosures related to its operations at the Premier Gold mine, with the company asserting that the claims are unfounded and intends to defend itself vigorously [1]. Company Overview - Ascot Resources Ltd. is a Canadian mining company based in Vancouver, British Columbia, and trades on the Toronto Stock Exchange (TSX) under the ticker AOT and on the OTCQB under the ticker AOTVF [2]. - The company is the 100% owner of the Premier Gold mine, which commenced gold production in April 2024, located on Nisga'a Nation Treaty Lands in the Golden Triangle of northwestern British Columbia [2].
Osisko Metals Announces Uplisting to Toronto Stock Exchange
Globenewswire· 2025-08-20 20:30
Core Viewpoint - Osisko Metals Incorporated is uplisting to the Toronto Stock Exchange (TSX) from the TSX Venture Exchange (TSXV), effective August 22, 2025, which is expected to enhance the company's visibility and access to a broader investor base [1][3][4]. Company Overview - Osisko Metals is a Canadian exploration and development company focused on critical metals, particularly copper and zinc [5]. - The company acquired a 100% interest in the Gaspé Copper mine from Glencore Canada Corporation in July 2023, which is located in Québec's Gaspé Peninsula [5]. - The Gaspé Copper project has current Indicated Mineral Resources of 824 million tonnes (Mt) grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq [5]. - The Gaspé Copper mine hosts the largest undeveloped copper resource in eastern North America [5]. Project Details - In addition to the Gaspé Copper project, the company is advancing the Pine Point project, one of Canada's largest past-producing zinc mining camps, through a joint venture with Appian Capital Advisory LLP [6]. - The Pine Point project has current Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq [6].
Torex Gold Announces Completion of Reyna Silver Acquisition
Newsfile· 2025-08-20 20:30
Core Viewpoint - Torex Gold Resources Inc. has completed the acquisition of Reyna Silver for approximately $26 million, adding four exploration properties in Mexico and Nevada to its portfolio [1][2]. Company Overview - Torex Gold Resources Inc. is a Canadian mining company focused on the exploration, development, and production of gold, copper, and silver, with its flagship Morelos Complex being Mexico's largest single gold producer [5]. - The company has recently acquired early-stage exploration properties, including Batopilas and Guigui in Mexico, and Gryphon and Medicine Springs in Nevada [5]. Strategic Objectives - The company's key strategic objectives include delivering Media Luna to full production, optimizing Morelos production and costs, growing reserves and resources, and maintaining responsible mining practices [6]. Exploration Plans - Initial exploration programs for 2025 will focus on the Batopilas property in Chihuahua, Mexico, and the Gryphon property in Nevada, with planned investments of approximately $500,000 and $1.1 million respectively [4][3]. - In 2026, exploration efforts will expand to include the Guigui property and the Medicine Springs property [3]. Financial Details - The acquisition of Reyna Silver was completed following shareholder approval, with Torex paying C$0.13 per share for all outstanding common shares [1].
TILT Holdings Announces Closing on Sale of Massachusetts Dispensaries to In Good Health
Globenewswire· 2025-08-18 20:15
SCOTTSDALE, Ariz., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TILT Holdings Inc. (“TILT" or the “Company”) (Cboe CA:TILT) (OTCID: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced today the closing of the sale of two of its Massachusetts dispensaries to In Good Health. The definitive agreement for this transaction was previously announced on February 3, 2025. Simultaneously, with the closing, ...
VitalHub Announces Filing of Prospectus Supplement
Newsfile· 2025-08-16 00:05
Core Points - VitalHub Corp. has filed a prospectus supplement for a public offering of 5,118,111 common shares at a price of $12.70 per share, aiming for gross proceeds of approximately $65 million, with an additional 767,717 shares available through an over-allotment option for about $9.75 million [1][2][3] Group 1 - The offering is expected to close on or about August 20, 2025, pending regulatory approval from the Toronto Stock Exchange [2] - The common shares will be sold in Canada and may also be offered in the United States under private placement exemptions [3] - The prospectus and its amendments are accessible through SEDAR+, and interested investors can obtain copies from Cormark Securities Inc. [4] Group 2 - VitalHub is a leading software company focused on health and human services, serving over 1,300 clients globally with a product suite that includes electronic health records and operational intelligence [7] - The company has a growth strategy that includes both organic opportunities and an aggressive M&A plan, with a workforce of over 600 employees [7]
East Africa Metals Inc. Announces MOU for the Development of the Magambazi/Handeni Mining Project in Tanzania
Newsfile· 2025-08-15 20:05
Core Viewpoint - East Africa Metals Inc. has entered into a binding Memorandum of Understanding with Ubora Minerals Company Limited to acquire and develop the Magambazi and Handeni mining project in Tanzania, following previous issues with PMM Mining Company Limited [1][2][3]. Group 1: MOU and Transaction Details - The MOU includes a cash payment of US$1.0 million upon signing a definitive agreement, replacing a previous amount owed by PMM [8]. - The transaction is classified as a "related party transaction" due to Ubora's affiliation with Anchises Capital, which holds approximately 18.66% of East Africa Metals' shares [1][5]. - The MOU is subject to approval by the Tanzanian Mining Commission and other relevant authorities, as well as the TSX Venture Exchange [4]. Group 2: Background and Previous Issues - In October 2020, East Africa Metals signed agreements with PMM to develop the Magambazi project, but operations were suspended in December 2022 due to PMM's non-compliance [2]. - The Tanzanian government intervened in August 2024 to mediate a resolution regarding PMM's non-compliance, leading to the current MOU [3]. Group 3: Company Overview - East Africa Metals holds a 30% Net Profits Interest in the Mato Bula and Da Tambuk mines and a 70% project interest in the Harvest polymetallic VMS Exploration Project in Ethiopia [6]. - The company has invested US$66.8 million in African exploration since 2005, identifying 2.8 million ounces of gold and gold-equivalent resources at an average discovery cost of US$24 per ounce [7].
Hercules Metals Closes C$17 Million Financing
Newsfile· 2025-08-14 12:59
Toronto, Ontario--(Newsfile Corp. - August 14, 2025) - Hercules Metals Corp. (TSXV: BIG) (OTCQB: BADEF) (FSE: C0X) ("Hercules Metals" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement, which was fully subscribed and included the exercise in full of the Agents' option, pursuant to which the Company sold 24,644,500 common shares in the capital of the Company (the "Shares") at a price of C$0.70 per Share, for aggregate gross proceeds to the Company ...
New Zealand Energy Corp. Provides an Update on Copper Moki Production, Its Recent Waihapa Ngaere Production Increase, and Announces 2025 Q2 Results
Newsfile· 2025-08-14 12:30
Core Viewpoint - New Zealand Energy Corp. reported a total comprehensive loss of $2,567,631 for Q2 2025, an increase from the previous year's loss of $2,100,963, while also providing updates on production activities at Copper Moki and Waihapa Ngaere [2][4]. Financial Performance - The company experienced a cash decrease of $978,151, ending the quarter with $61,250 in cash [2]. - Cash used in operating activities for the quarter was $676,152, a significant reduction from $1,541,045 in Q2 2024 [2]. Copper Moki Production - Copper Moki-1 was successfully recompleted, with production starting in late July 2025, achieving aggregate production rates of approximately 105 BOE/d (about 90 bopd) [3]. - The production rates are expected to improve as the wells continue to produce completion fluids and pump speeds are gradually increased [3]. Waihapa Ngaere Production - Oil and gas production from Waihapa-Ngaere resumed in late March 2025, initially operating four wells on periodic unloads without gas-lift [5]. - Following the recommissioning of the Ngaere-1 pipeline in July, production from that well restarted mid-July 2025, with flush rates exceeding 400 bbls of oil in one day [6]. - Trucking averaged approximately 190 bbls per day over the last two weeks, with NZEC's share being around 95 bbls per day [6]. Future Plans - The company aims to eliminate system bottlenecks at Waihapa Ngaere to enable continuous oil production and transportation to the port via pipeline [7]. - The positive results from Ngaere-1 have led to prioritizing work on the Waihapa-H1 well for the next quarter [8]. Capital Activities - NZEC completed a non-brokered private placement of $2,718,640 on July 18, 2025, and successfully terminated a loan of $2,000,000 plus accrued interest [8].