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Halcones Precious Metals Announces Warrant Extension
Globenewswire· 2026-01-22 12:00
Core Viewpoint - Halcones Precious Metals Corp. intends to extend the expiry dates of a total of 61,759,638 common share purchase warrants by an additional twelve months to support investors and reflect delays in the commencement of drilling at the Polaris project [1][5]. Summary by Sections Warrants Extension - A total of 30,481,462 common share purchase warrants (the "2023 Warrants") will have their expiry dates extended to July 14, 2027, July 19, 2027, July 31, 2027, and August 18, 2027, respectively [2]. - A total of 10,600,000 common share purchase warrants (the "2024 Warrants") will have their expiry date extended to August 26, 2028 [3]. - A total of 20,678,176 common share purchase warrants (the "2025 Warrants") will have their expiry dates extended to March 27, 2029, April 10, 2029, and May 2, 2029, respectively [4]. Company Background - Halcones Precious Metals Corp. is focused on exploring and developing gold-silver projects in Chile, supported by a team with a strong background in exploration success in the region [6].
Lithium Argentina Announces 2025 Production Results for Cauchari-Olaroz and Leadership Updates
Globenewswire· 2026-01-06 11:00
Core Viewpoint - Lithium Argentina AG reported strong operational results for 2025, achieving production at the high end of its annual guidance and setting a record for quarterly production in Q4 2025 [1][3]. Operational Highlights - Full-year 2025 production totaled approximately 34,100 tonnes of lithium carbonate, within the guidance range of 30,000 to 35,000 tonnes [8]. - Q4 2025 production reached approximately 9,700 tonnes, with an average operating rate of 97% of nameplate capacity [8]. - Cash operating costs for Q4 2025 are expected to be below $6,000 per tonne, a decrease from $6,285 per tonne in Q3 2025, indicating continued operational optimization [8]. - The Cauchari-Olaroz operation is expected to reduce net debt by $26 million in Q4 2025, with $15 million distributed to both Ganfeng and Lithium Argentina, and over $150 million in liquidity from cash and available undrawn debt facilities [8]. - The company submitted environmental permit and RIGI applications for a Stage 2 expansion of 45,000 tonnes per annum (tpa) of lithium carbonate production capacity [8]. Leadership Updates - Alec Meikle has been promoted to President, responsible for executing the company's strategic plan and managing key external relationships [4][6]. - John Kanellitsas will transition from Executive Chairman to Chairman of the Board, focusing on long-term strategy and industry partnerships [5][6]. - The leadership changes are aimed at strengthening governance and clarifying roles within the company [6].
Suncor Energy's record-breaking year in 2025 delivers Investor Day commitments one year early
TMX Newsfile· 2026-01-05 22:00
Core Viewpoint - Suncor Energy achieved its 2024 Investor Day performance targets a year ahead of schedule, demonstrating strong operational performance and financial strength, with plans to continue delivering shareholder value in the future [1][3]. Operational Performance - Record upstream production of 909,000 barrels per day (bbls/day) in Q4 2025, an increase of 34,000 bbls/day from Q4 2024 [9]. - Record upgrader utilization reached 106%, up 3% from Q4 2024 [9]. - Record refining throughput of 504,000 bbls/day, an increase of 18,000 bbls/day from Q4 2024 [9]. - Record refining utilization of 108%, up 4% from Q4 2024 [9]. - Total bitumen production for FY 2025 was 994,000 bbls/day, exceeding guidance of 880,000 - 920,000 bbls/day [3]. Safety Performance - Achieved best-ever safety results for the third consecutive year, with lost time and process safety events down by 70% compared to 2022 [2][8]. Financial Highlights - Returned $11.5 billion to shareholders through dividends and share buybacks over the past two years [3]. - Increased normalized free funds flow by $3.3 billion per year [9]. - Reduced corporate WTI breakeven price by US$10 per barrel [9]. - Reduced annual capital expenditure to $5.7 billion and net debt to $8 billion, with plans to return 100% of excess funds to shareholders thereafter [9]. Future Plans - The next Investor Day is scheduled for March 31, 2026, in Toronto, where the company will outline plans to build on current momentum and continue creating shareholder value [1][8].
Tiger Gold Commences Trading and Provides Project Update: Drills Turning at Quinchia
TMX Newsfile· 2025-12-19 14:00
Core Viewpoint - Tiger Gold Corp. has commenced trading on the TSXV under the symbol TIGR, marking a significant milestone in its transition to a publicly traded company, which is expected to enhance visibility and broaden its audience as it advances exploration activities at the Quinchía Gold Project in Colombia [1] Exploration Activities - The Phase 1 drill program at the Quinchía Gold Project began in November 2025, with plans for 10,000 metres of drilling, including 6,000 metres at the Tesorito site, focusing on infill and extension drilling to upgrade and expand the Mineral Resource [4][5] - Two drill rigs are currently operational at Tesorito, with a third rig scheduled for delivery in January 2026 [4][9] - The company is also advancing mapping, sampling, and modelling to support upcoming drilling at other high-priority targets such as Dos Quebradas and Miraflores [6] Future Plans - Following the completion of Phase 1, the company anticipates launching a second 10,000-metre Phase 2 drill program, along with environmental and engineering work to support pre-feasibility studies [7] - The Quinchía project is strategically located near existing mining operations, benefiting from excellent access to infrastructure, including renewable hydroelectric power [8] Mineral Resource Estimates - The Quinchía Gold Project includes current Mineral Resource estimates for the Miraflores and Tesorito deposits, with the effective date of July 31, 2025 [13] - For the Tesorito Gold Deposit, the inferred resource is estimated at 104 million tonnes at 0.47 g/t Au, totaling approximately 1.57 million ounces of gold [14] - The historical estimate for the Dos Quebradas deposit indicates an inferred mineral resource of 20.2 million tonnes at 0.71 g/t Au, totaling approximately 459,000 ounces of gold [17] Investor Relations - The company has entered into a consulting services agreement with Capital Analytica for a six-month term, with a total payment of $150,000 for various marketing and consultation services [18]
American Hotel Income Properties REIT LP Announces CEO Change
Globenewswire· 2025-12-11 13:00
Core Viewpoint - The American Hotel Income Properties REIT LP (AHIP) has appointed co-founder John O'Neill as the new Chief Executive Officer following the resignation of Jonathan Korol, with a focus on driving value for unitholders and maintaining operational excellence [1][2]. Company Overview - AHIP is a limited partnership that invests in hotel real estate properties across the United States, focusing on premium branded, select-service hotels located in secondary metropolitan markets [3]. - The company operates hotels under brands affiliated with Marriott, Hilton, and IHG Hotels through license agreements [3]. - AHIP's long-term objectives include increasing the value of its hotel properties through operational excellence, active asset management, and capital expenditures, as well as enhancing unitholder value and distributions [3]. Leadership Transition - John O'Neill's appointment is seen as a seamless transition due to his history with AHIP as a co-founder and previous CEO [2]. - The Board of Directors expressed gratitude towards Jonathan Korol for his leadership and wished him success in future endeavors [2]. Future Outlook - The company aims to focus on driving value for unitholders and is positioned strongly to move forward [2].
Emerita Receives Official Court Resolution in Aznalcóllar Trial
Globenewswire· 2025-12-05 21:00
Core Viewpoint - Emerita Resources Corp. expresses surprise and disappointment over the Provincial Court of Seville's decision not to impose criminal convictions in the Aznalcóllar trial despite identified irregularities in the public tender process [2][3] Legal Proceedings - The Court has ruled that no criminal convictions will be imposed on the accused in the Aznalcóllar trial [1] - Emerita is reviewing the 215-page resolution from the Court with its legal counsel to determine the next steps [2] - The company is awaiting a ruling from the Administrative Court regarding alleged irregularities in the public tender process and whether it should have been awarded the tender [3] Company Operations - Emerita maintains a strong balance sheet and is focused on developing its Iberian Belt West (IBW) project and other projects in Andalusia [4] - The company is in the advanced stages of acquiring an Exploitation License for the IBW project, which remains a priority for its technical team [4] - Emerita is committed to high standards of business ethics and aims to conduct mining activities responsibly, sustainably, and transparently [4] Company Overview - Emerita Resources Corp. is engaged in the acquisition, exploration, and development of mineral properties in Europe, primarily focusing on Spain [5]
JIVA Technologies Announces Filing of Interim Financial Statements for Six Months Ended September 30, 2025
Newsfile· 2025-12-01 16:43
Core Viewpoint - Jiva Technologies has shown significant improvement in its financial performance for the first half of fiscal 2026, with a notable reduction in net loss and positive cash flow from operations [2][5]. Financial Performance - Revenue for the six months ended September 30, 2025, was $2.49 million, a decrease from $2.77 million in the same period of 2024 [5]. - The net loss improved to $215,932 (loss per share of $0.04) compared to a net loss of $1,333,895 (loss per share of $1.51) for the same period in 2024 [5]. - Positive cash flow from operating activities was approximately $444,722, a turnaround from $(497,482) used in the prior-year period, indicating progress in cost controls and working capital management [5]. - Cash balance increased to $186,409 as of September 30, 2025, up from $68,278 at March 31, 2025, while the working capital deficit remained stable at approximately $(12.9) million [5]. Business Strategy and Operations - Jiva Technologies focuses on building niche online wellness communities and creating immersive physical environments, with a commitment to e-commerce and marketing [3]. - The company operates Bloombox Club, an online plant delivery marketplace, and The Locavore Bar and Grill, and has recently become a shareholder in VEG House through a share exchange agreement [3]. - A recent partnership with LIV3 for SugarShield aims to empower wellness brands by building their websites and managing digital marketing [6].
Mene Inc. Reports Financial Results for the Third Quarter 2025
Financialpost· 2025-11-19 21:57
Operational Transformation and Financial Performance - The company has achieved over $410k in cost savings from operational transformation year-to-date, exceeding its yearly target [1] - Average fulfillment time has been reduced by 21% year-over-year in Q3 [1] - The cash position increased by 47% year-over-year in Q3, rising from $5.3 million to $7.8 million [1] - Continuous improvement in operations and manufacturing is expected to sustain cost savings in the future [1] Product Offerings and Customer Focus - The company emphasizes craftsmanship and customer service over market trends [2] - New holiday season products include the Palm Rosary, Northern Star Pendant, and Poker Chips, catering to various tastes and budgets [2] - Introduction of two new accessories: a practical Jewelry Tray and a custom Chessboard made from ebony and walnut [2] Financial Reporting and Forward-Looking Statements - The company utilizes non-IFRS financial measures to provide supplemental information about financial performance [3] - Forward-looking information includes business plans, growth strategies, and anticipated cost savings [4]
CAT Strategic Metals - Final Reminder Rights Offering Expires on November 21, 2025
Newsfile· 2025-11-17 12:55
Core Points - CAT Strategic Metals Corporation is conducting a Rights Offering, allowing shareholders to subscribe for additional units at a set price [1][2] - Each unit consists of one common share and one purchase warrant, with specific pricing and terms outlined [2][3] - The offering includes provisions for oversubscription, allowing shareholders to acquire more units if the offering is not fully subscribed [3] Rights Offering Details - Shareholders will receive one transferable right for each common share held, with a subscription price of $0.0075 per unit [2] - Each whole warrant allows the purchase of an additional common share at $0.05 for a period of 60 months post-offering [2] - Rights expire at 4:00 p.m. Pacific Time on November 21, 2025, and trading will cease at 12:00 p.m. Eastern Time on the same day [8] Company Overview - CAT Strategic Metals focuses on acquiring and advancing mineral properties, particularly in lithium, copper, gold, silver, and tellurium [7] - The company controls several projects, including the Gold Jackpot property in Nevada and the South Preston Uranium Project in Saskatchewan [7] - CAT's shares are traded on the Canadian Securities Exchange under the symbol "CAT" and on the Frankfurt Stock Exchange as "8CHA" [7]
Kolibri Energy Inc(KGEI) - 2025 Q3 - Earnings Call Transcript
2025-11-12 18:00
Financial Data and Key Metrics Changes - Average production increased by 40% to 4,254 barrels of oil equivalent (BOE) per day compared to 3,032 BOE per day in the prior year quarter [6][7] - Revenue rose by 15% to $15 million in Q3 2025, driven by higher production, despite an 18% decline in prices [6][7] - Adjusted EBITDA reached $11.1 million, a 9% increase from the prior quarter [7] - Net income decreased to $3.6 million, with basic EPS of $0.10 per share, down from $5.1 million or $0.14 per share in the prior year quarter [7][9] - Operating expenses were $7.37 per BOE, an 11% increase from the prior year, primarily due to reassessed production tax adjustments [8][10] Business Line Data and Key Metrics Changes - The company is in the process of fracture stimulating four new wells expected to come online in early December, which will further increase production [5][11] - The average production for the nine months ended September 30th was up 22% to 3,851 BOE per day compared to 3,154 BOE per day in the prior year [9] Market Data and Key Metrics Changes - Net back for the quarter decreased by 23% to $30.84 per BOE compared to $40.01 per BOE in the prior year quarter, primarily due to lower prices [8] - Year-to-date revenue was up 2% to $42.1 million, despite a 16% decrease in prices [9] Company Strategy and Development Direction - The company plans to continue returning capital to shareholders through share buybacks, having repurchased approximately 568,000 shares since the program began [10][12] - Future drilling programs will depend on oil prices, with a focus on maintaining flat production levels if prices remain low [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving record high production by the end of the year, despite lower oil prices [12] - The company is monitoring the Forgeson well's production and will not pursue further drilling in that area unless prices improve [20][21] - Management indicated that the current hedging strategy reflects the volatile market conditions, aiming to protect against downside risks while allowing for potential upside [24] Other Important Information - The company reaffirmed its line of credit at $65 million, with net debt at $42.8 million and $18.5 million of available borrowing capacity [10] - The one-time production tax adjustment was clarified as a non-recurring event, which impacted operating expenses [25][26] Q&A Session Summary Question: Timing of the four new wells - Management confirmed that production from the new wells is expected to commence in early December [15] Question: Changes to guidance and leverage expectations - Management indicated that they remain comfortable with expectations of around one-times net leverage by year-end [18] Question: Update on the Forgeson well and future drilling plans - Production from the Forgeson well has been flat, and further drilling in that area is unlikely unless oil prices improve [20] Question: October hedging strategy - The shift in hedging strategy was due to unfavorable forward pricing, with a focus on protecting against downside risks while allowing for potential upside [24] Question: Explanation of higher operating expenses - The increase in operating expenses was attributed to a one-time true-up of production taxes, which is not expected to recur [25][26]