I do want to provide an update on what benefits our operational transformation has generated for Menē thus far since its delivery in mid-Q1. After all, the cost savings from this transformation are how we are funding our growth initiatives. Overall, we have saved over $410k in total distribution and processing costs year-to-date, already exceeding our yearly target. Simultaneously, we have managed to reduce average fulfillment time in Q3 by 21% year-over-year. We have also increased our cash position by 47% ...

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]

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]

CALGARY, Alberta, Nov. 11, 2025 (GLOBE NEWSWIRE) -- TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or "we") today announced its financial and operating results for the three and nine months ended September 30, 2025. Crown Point also announced that it has secured a USD 30 million loan to fund the purchase price for the previously announced acquisition of additional interests in the Chubut Concessions (defined below). Selected information is outlined below and should be read in conjunction ...

Core Viewpoint - Noble Mineral Exploration Inc. is proposing to extend the expiry dates of a total of 7,933,333 common share purchase warrants issued in previous private placements, subject to acceptance by the TSX Venture Exchange [1][4]. Summary by Sections Warrants Details - A total of 3,125,000 warrants, known as the 2022 Warrants, were issued on November 21, 2022, and December 1, 2022, with an exercise price of $0.11 per common share. The original expiry dates are set to be extended to November 21, 2027, and December 1, 2027 [2][4]. - The remaining 4,808,333 warrants, referred to as the 2023 Warrants, were issued on December 7, 2023, December 21, 2023, and December 22, 2023, with an exercise price of $0.125 per common share. The proposed new expiry dates are December 7, 2027, December 21, 2027, and December 22, 2027, respectively [3][4]. Company Overview - Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in various nickel and gold exploration properties, including interests in Canada Nickel Company Inc., Homeland Nickel Inc., and East Timmins Nickel Inc. [5]. - The company holds mineral and exploration rights over approximately 70,000 hectares in Northern Ontario and 14,000 hectares in Quebec, with plans for option and joint venture exploration programs [5][6]. - Specific projects include Project 81 in Northern Ontario, which has drill-ready targets for gold, nickel-cobalt, and base metals, as well as several other properties in Quebec [6]. Trading Information - Noble's common shares are traded on the TSX Venture Exchange under the symbol "NOB" [7].

Financial Performance & Outlook - The company delivered approximately 8% comparable EBITDA growth year-over-year for the first 9 months of 2025[15] - The company is on track to deliver a long-term target of 475x debt-to-EBITDA[15] - The company expects to deliver 2026E comparable EBITDA of $116 - $118 billion[86] - The company is targeting $6 - $7 billion annual net capital expenditures through 2030 with build multiples in the 5 – 7x range[78, 86] - The company expects approximately 6% – 8% comparable EBITDA growth from 2025 to 2026 and extending growth outlook of approximately 5% – 7% 3-year CAGR[76] Growth Projects & Capital Allocation - The company placed approximately $8 billion of assets into service year-to-date, with 2025 projects tracking approximately 15% under budget[15, 60] - The company sanctioned approximately $51 billion of new projects in the last twelve months at an average build multiple of approximately 60x[15] - The company is announcing approximately $07 billion of new growth projects serving power generation & data center demand[15] - The company's natural gas demand growth is projected to increase by 45 Bcf/d by 2035[21] Strategic Priorities & Market Position - The company's total system deliveries averaged 230 Bcf/d, up 2% vs Q3 2024[74] - The company's deliveries to LNG facilities averaged 37 Bcf/d, up 15% vs Q3 2024[74]

Operational Highlights - Total tonnes processed in Q3 2025 were 65,131, with a daily processing rate of 1,124 tonnes[28] - Year-to-date 2025, the total tonnes processed reached 185,516, with a daily processing rate of 1,144 tonnes[28] - Gold ounces sold in Q3 2025 amounted to 1,422, and silver ounces sold were 417,710[28] - Year-to-date 2025, gold ounces sold totaled 3,159, and silver ounces sold reached 798,395[28] - Gold equivalent ounces sold in Q3 2025 were 6,298, and year-to-date 2025, they totaled 12,150[28] Financial Performance - The company's cash balance as of September 30, 2025, was $9.8 million[29] - Net sales for Q3 2025 were $24.9 million, and for the nine months ended September 30, 2025, net sales were $48.5 million[29] - The net loss for Q3 2025 was $(4.7) million, and for the nine months ended September 30, 2025, the net loss was $(24.5) million[29] - Mining gross profit for Q3 2025 was $6.2 million, while the mining gross profit for the nine months ended September 30, 2025, was $0.3 million[29] - Total cash costs per gold equivalent ounce for Q3 2025 were $2,116/oz, and for the nine months ended September 30, 2025, they were $2,594/oz[29] - Total all-in sustaining costs per gold equivalent ounce for Q3 2025 were $2,983/oz, and for the nine months ended September 30, 2025, they were $3,542/oz[29] Investment and Capital Allocation - Total capital and exploration investment for Q3 2025 was $7.705 million, and for the year-to-date 2025 period, it was $14.859 million[33] - Sustaining investments in Q3 2025 totaled $3.416 million, and year-to-date 2025, they amounted to $6.063 million[33] - Growth investments in Q3 2025 were $4.289 million, and year-to-date 2025, they reached $8.796 million[33]

Core Points - Partners Value Split Corp. has entered into an agreement to sell 4,000,000 Class AA Preferred Shares, Series 17, generating gross proceeds of US$100 million [1][2] - The Series 17 Preferred Shares will have a fixed coupon of 5.25% and a final maturity date of January 31, 2033, with a provisional rating of Pfd-2 from DBRS Limited [2] - The underwriters have an option to purchase an additional 1,000,000 Series 17 Preferred Shares, potentially increasing the total offering size to US$125 million [3] Company Overview - The Company owns approximately 179 million Class A Limited Voting Shares of Brookfield Corporation and about 25 million Class A Limited Voting Shares of Brookfield Asset Management Ltd., which are expected to yield sufficient quarterly dividends to fund the preferred shares' dividends [4] - Brookfield Corporation is a global investment firm focused on long-term wealth creation, with core businesses in alternative asset management, wealth solutions, and operating businesses in renewable power, infrastructure, and real estate [5] - Brookfield Asset Management Ltd. manages over US$1 trillion in assets across various sectors, including infrastructure and private equity, and is known for generating strong returns for its clients [6]

Financial Performance & Capital Plan - Q3 2025 actual EPS was $0.81, and adjusted EPS was $0.87, compared to $0.85 in Q3 2024[9] - The company announced a new $28.8 billion 2026-2030 capital plan, the largest in its history[9] - A Q4 dividend increase of approximately 4% was declared, marking 52 consecutive years of dividend increases[9] - The 2026-2030 capital plan is $2.8 billion over the prior plan[12] - The capital plan is expected to support an average annual rate base growth of 7%[18] Capital Allocation & Growth Drivers - Transmission investments account for 46% of the $28.8 billion 2026-2030 capital plan[19] - ITC's five-year capital plan is $9.8 billion, supporting an ~8% rate base CAGR[23] - UNS Energy's five-year capital plan is $5.6 billion, supporting a ~7% rate base CAGR[26] - FortisBC's five-year capital plan is $4.9 billion, supporting a ~6% rate base CAGR[30] Funding & Liquidity - The company issued $750 million in hybrids at Fortis Inc at 5.1% in Q3 2025[55] - The five-year capital plan is funded by 59% cash from operations, 11% equity, and 30% net debt[61]

Core Viewpoint - Panoro Minerals Ltd. has announced a private placement to raise up to C$5,000,000 through the sale of 12,500,000 units at C$0.40 per unit, with participation from Wheaton Precious Metals Corp. expected [1][4]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one warrant, with warrants allowing the purchase of additional shares at C$0.60 within 36 months [2]. - An option is granted to agents to sell an additional 2,500,000 units for up to C$1,000,000 in gross proceeds [3]. - The offering is scheduled to close on November 18, 2025, subject to regulatory approvals [7]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for infill drilling, metallurgical testing, pre-feasibility engineering, and an updated preliminary economic assessment for the Cotabambas Project, along with working capital [4]. Group 3: Regulatory and Trading Information - The units will be offered to purchasers in all Canadian provinces except Québec and may also be sold in offshore jurisdictions and the U.S. under certain exemptions [5][8]. - The securities will not be registered under the U.S. Securities Act and cannot be sold in the U.S. without registration or applicable exemptions [8]. Group 4: Company Focus - Panoro is focused on completing technical objectives for the Cotabambas Project, including project optimization studies and engaging in discussions for strategic alternatives to advance the project [10].