Toronto, Ontario--(Newsfile Corp. - November 18, 2025) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce the appointment of Vienna Psihos as Manager, Public Affairs & Government Relations.Ms. Psihos brings strong experience at the intersection of government decision-making, regulatory processes, and strategic communications. Her expertise will support Avalon as it advances key critical minerals projects across Canada. Ms. Psihos holds a Bachelor o ...

Financial Performance Highlights - The company reported strong organic revenue growth of 5% in Q3 2025, driven by accelerating AMS/DRS growth[6] - AMS/DRS organic growth was 19% in Q3 2025, contributing to 28% of the total revenue mix[6] - Adjusted EBITDA margin reached a record 19% in Q3 2025, an increase of 180 basis points[6] - Free cash flow grew by 30% in Q3 2025, reaching $175 million[6] - The company utilized $154 million YTD to repurchase 17 million shares at $8905 per share[8] Growth Strategy and Outlook - The company is increasing its revenue mix expectation for AMS/DRS to 27-28%[13] - North America Adjusted EBITDA margins have expanded 370bps since 2022 and +190bps YTD[20] - The company's Q3 2025 revenue increased by 6% to $1335 million, with organic growth contributing 5%[23, 26] - Adjusted EBITDA increased by 17% to $253 million, with a margin of 19%[23] - The company projects full-year organic revenue growth of approximately 5% and Adjusted EBITDA margin expansion of 30-50 basis points[36]

Core Viewpoint - Wallbridge Mining Company Limited has successfully closed a public offering, raising gross proceeds of C$15.14 million through the issuance of Charity Flow-Through Units and Hard Dollar Units, with the funds aimed at advancing its mining projects and general corporate purposes [2][6]. Offering Details - The Offering included 65,000,000 Charity Flow-Through Units priced at C$0.15 each, 49,000,000 Hard Dollar Units priced at C$0.11 each, and 980,363 Warrants priced at $0.00001 each, with the latter issued under an over-allotment option [2][3]. - The total gross proceeds from the Offering amounted to C$15.14 million, facilitated by BMO Capital Markets as the sole bookrunner [2][4]. Agnico Eagle Mines Participation - Agnico Eagle Mines Limited has agreed to subscribe for 6,275,897 Hard Dollar Units at a price of $0.11 each, contributing an additional gross amount of $690,349 through a private placement [5]. Use of Proceeds - The net proceeds from the Offering and the Agnico Private Placement will be allocated towards the advancement of the Fenelon and Martiniere projects, as well as for general corporate purposes, resulting in a cash balance of approximately $31 million as of October 31, 2025 [6]. Company Overview - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position of 598 km² along the Detour-Fenelon gold trend, which includes the Fenelon Gold Project and the Martiniere Gold Project [8].

Core Viewpoint - Perpetua Resources Corp. has announced a public offering of 2,938,000 common shares at a price of US$24.25 per share, aiming to raise approximately $71.2 million, with potential additional proceeds from a concurrent private placement with Agnico Eagle Mines Limited [1][2]. Group 1: Offering Details - The gross proceeds from the public offering are expected to be approximately $71.2 million, and if Agnico exercises its participation right fully, total proceeds could reach approximately $78.2 million [2]. - The offering is set to close on or about October 30, 2025, subject to customary conditions [5]. - The common shares will be offered in the United States under an effective shelf registration statement, with BMO Capital Markets, National Bank of Canada Capital Markets, and RBC Capital Markets acting as joint book-running managers [4][6]. Group 2: Use of Proceeds - The net proceeds from the offering and the concurrent private placement will be utilized for the construction and development of the Stibnite Gold Project, working capital costs, ongoing exploration and development activities, restoration and reclamation work, and general corporate purposes [3]. Group 3: Project Overview - The Stibnite Gold Project is recognized as one of the highest-grade open-pit gold deposits in the United States, focusing on responsible mining practices to restore an abandoned mine site while producing gold and antimony, which is critical for U.S. defense needs [9].

Core Viewpoint - Perpetua Resources Corp. has announced a public offering of $70 million in common shares to fund the Stibnite Gold Project and other corporate activities [1][2]. Group 1: Offering Details - The public offering consists of $70 million in common shares, with Agnico Eagle Mines Limited indicating its intention to participate in a concurrent private placement [1]. - The net proceeds from the offering will be used for the construction and development of the Stibnite Gold Project, working capital, exploration activities, and general corporate purposes [2]. - The offering will be managed by BMO Capital Markets, National Bank of Canada Capital Markets, and RBC Capital Markets as joint book-running managers [3]. Group 2: Regulatory and Legal Aspects - The offering is being conducted under the Company's effective shelf registration statement on Form S-3, and will comply with the Securities Act of 1933 [4]. - The concurrent private placement is subject to customary closing conditions but is not contingent upon the public offering [5]. Group 3: Company and Project Overview - Perpetua Resources focuses on the exploration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of Idaho, with the Stibnite Gold Project being a high-grade open pit gold deposit [6]. - The project aims to restore an abandoned mine site and produce gold and antimony, which is critical for U.S. defense needs [6].

Core Insights - Hammond Power Solutions Inc. (HPS) reported strong financial results for Q3 2025, with revenues of $218 million, marking a 13.7% increase compared to Q3 2024, and the second highest quarter for shipments in the company's history [3][6] - The U.S. market showed significant growth, with sales increasing by 21.5% in Q3 2025 compared to the same quarter in 2024, driven by strong distribution and private label sales [3][4] - The company's backlog increased by 22.4% year-over-year and 27.7% since the beginning of 2025, indicating strong future demand [4][6] Financial Performance - Revenue for Q3 2025 was $218 million, up from $191.972 million in Q3 2024, reflecting a $26.369 million increase [14] - Adjusted EBITDA for Q3 2025 was $30 million, representing 13.9% of sales, while net earnings reached $17.4 million, an increase from $16.311 million in Q3 2024 [6][10] - The gross margin for Q3 2025 was 30.1%, down from 33.8% in Q3 2024, primarily due to higher material costs and inflation [5][7] Market Dynamics - The U.S. market's sales growth was attributed to strong performance in the private label channel and steady growth in distribution, particularly in data centers and related sectors [3][4] - The Canadian market experienced a slight decline of 2.9%, while sales in India decreased by 0.4% year-over-year [3][4] Cost Management - Selling and distribution expenses increased to $24.224 million in Q3 2025, accounting for 11.1% of sales, up from 10.5% in Q3 2024 [8] - General and administrative expenses decreased to $16.534 million, or 7.6% of sales, compared to 11.0% in Q3 2024, mainly due to reduced share-based compensation costs [9] Future Outlook - The company anticipates increased capital expenditures in the upcoming quarters to support new data center orders and production shifts [5] - Significant orders received after the close of Q3 2025 are expected to be shipped primarily in 2026, indicating a positive outlook for future revenue [3][4]

Core Insights - Alkane Resources Ltd produced 36,407 ounces of gold equivalent during the quarter from July 1 to September 30, 2025, with a notable contribution from its three operating mines [3][4][12] - The company reported a cash, bullion, and listed investment balance of A$191 million after repaying A$45 million in debt and incurring one-off transaction costs of A$25 million from the merger with Mandalay Resources [3][4] - The production guidance for FY2026 remains unchanged at 160,000 to 175,000 ounces of gold equivalent, with an all-in sustaining cost (AISC) projected between A$2,600 and A$2,900 per ounce [2][3] Production Details - The quarterly production breakdown includes: - Tomingley: 18,335 Au oz - Costerfield: 8,612 Au oz (5,643 Au oz statutory) - Björkdal: 8,580 Au oz (5,987 Au oz statutory) - Total consolidated production: 35,527 Au oz [1][4] - The total production of antimony was 198 tonnes, contributing to the overall gold equivalent production [1][4] Financial Overview - The company’s total cash at the end of the quarter was A$160 million, with bullion valued at A$14 million and listed investments at A$17 million [3][4] - The repayment of A$45 million in debt and the one-off transaction costs of A$25 million have strengthened the company's balance sheet [3][4] Operational Context - The production slowdown at Björkdal was attributed to the extended summer vacation period in Sweden [3] - Alkane operates three mines: Tomingley in New South Wales, Costerfield in Victoria, and Björkdal in Sweden, with ongoing exploration efforts to enhance resource growth [6][7]

Core Points - Luca Mining Corp. confirms normal operations at its Tahuehueto Gold Project following an inspection by Mexico's environmental authority, PROFEPA [1][2] - The inspection reviewed compliance with the Environmental Impact Authorization (MIA) issued by SEMARNAT, focusing on a small inactive area previously used for tailings storage [2][3] - PROFEPA issued a temporary closure notice for the inactive area pending updated technical documentation, which does not affect ongoing mining or processing operations [3] Company Operations - The temporary notice applies to a non-operational section of 0.3 hectares and does not impact current production at the Tahuehueto and Campo Morado mines [3] - Luca Mining emphasizes environmental compliance and transparency as central to its operations, and it is working constructively with PROFEPA and SEMARNAT [3] - The company continues to advance production, optimization, and sustainability initiatives at both mining sites [3]

Core Viewpoint - Omai Gold Mines Corp. has announced a bought deal private placement offering of 26,087,000 common shares at an issue price of $1.15 per share, aiming to raise gross proceeds of $30,000,050 [1][2]. Group 1: Offering Details - The underwriters have an option to purchase an additional 3,913,050 shares for up to $4,500,008 in gross proceeds [2]. - The net proceeds from the offering will be allocated for exploration, development, and general working capital [2]. - The company will pay the underwriters a fee of 5.5% of the gross proceeds, with a reduced fee of 3% for shares sold to a designated "President's List" of subscribers [3]. Group 2: Closing and Regulatory Information - The offering is expected to close around October 21, 2025, pending necessary approvals from the TSX Venture Exchange and other regulatory authorities [4]. - The offering will be conducted as a private placement in Canada and the U.S., with securities subject to a hold period of four months and one day from the closing date [4]. Group 3: Company Overview - Omai Gold Mines Corp. is focused on expanding its gold deposits at the Omai Gold Project in Guyana, which is recognized as a rapidly growing gold camp in the Guiana Shield [6]. - The company has recently updated its mineral resource estimate and is preparing for an updated Preliminary Economic Assessment (PEA) expected in early 2026 [6]. - The Omai Gold Mine has a historical production of over 3.7 million ounces of gold from 1993 to 2005, benefiting from existing infrastructure and upcoming road connections to major cities in Guyana [7].

Financial Performance - The company's plant gate cost decreased by 4% from $364/t in 2Q24 to $348/t in 2Q25[28] - CIF cash cost with royalties decreased by 14% from $515/t in 2Q24 to $442/t in 2Q25[28] - All-in sustaining costs decreased by 24% from $779/t in 2Q24 to $594/t in 2Q25[28] - Short-term trade finance debt decreased by 57% from $101 million in 2Q24 to $43 million in 2Q25[29] - Gross sales revenue was $211 million in 2Q25[32] Production and Sales - Production volume increased by 40% from 49,389t in 2Q24 to 68,368t in 2Q25[28] - The company is on track to deliver 270kt annualized production in FY25E, a 13% increase from 240kt in FY24[28] - Sales volumes were 40,350t in 2Q25[32] - The average provisional price for 2Q25 was $637/t, with a net price of $507/t after adjustments[32] Expansion and Strategy - Phase 2 expansion is underway, leveraging existing infrastructure from Plant 1[34] - The company is pursuing a geographically diversified offtake strategy targeting 240,000t per year with potential prepayment value of $300 million[51] - Sales in August achieved final prices of $966/t (SC6)[18]