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AlphaGen Announces Closing of Private Placement Offering
Globenewswire· 2025-08-25 23:00
Core Points - AlphaGen Intelligence Corp. has successfully closed a non-brokered private placement offering, issuing 700,000 common shares at a price of $0.12 per share, resulting in total gross proceeds of $84,000 [1][2] Group 1: Offering Details - The net proceeds from the offering will be utilized for general working capital purposes [2] - No finder's fees were paid in connection with the offering [2] - All securities issued are subject to a statutory hold period of four months and one day, expiring on December 26, 2025 [2] Group 2: Company Overview - AlphaGen Intelligence Corp. is publicly traded and holds a portfolio of assets in gaming, entertainment, eCommerce, and retail [4] - The company operates units such as Shape Immersive, a metaverse studio focused on web3 gaming and virtual retail experiences, and MANA, a SaaS solution for community engagement [4] - Notable clients and partners include RTFKT, Olympics, Red Bull, Intel, and TED [4]
Wedgemount Resources Announces Unplanned Outage in Crews & Talpa Areas
Thenewswire· 2025-08-21 12:30
Vancouver, BC – TheNewswire - August 21, 2025 - Wedgemount Resources Corp. (CSE: WDGY)(OTCQB: WDGRF)  (“Wedgemount” or the “Company”), announces that on July 24, 2025, there were two unplanned events at third-party gas gathering pipelines utilized by Wedgemount Resources Corp. in the Company’s core operating area.  As a result, Wedgemount has temporarily shut in approximately 50% of its oil and gas production.It was initially anticipated the outages would last a maximum of two weeks but the Company has now ...
Enthusiast Gaming Announces Updates on Divestment of Direct Sales Business
Globenewswire· 2025-08-19 21:31
Core Points - Enthusiast Gaming Holdings Inc. has entered into a binding letter of intent with Vertiqal Studios Corp. to acquire its Direct Sales Business Line for cash consideration of C$900,000 [1][2] - The transaction includes the assumption of all existing and ongoing liabilities of the Direct Sales Business Line, which had a net liability position of approximately US$2.6 million as of June 30, 2025 [2] - The closing of the transaction is expected to occur on or about September 5, 2025 [3] Company Overview - Enthusiast Gaming builds tools, platforms, and experiences for gamers, operating a portfolio of digital properties including U.GG, Icy-Veins, and others [4] - The company generates revenue through programmatic advertising, subscriptions, and events, focusing on expanding its owned intellectual property and enhancing direct engagement with its audience [4]
Avino Silver & Gold Mines Ltd. (ASM) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-08-14 17:42
Core Viewpoint - Avino Silver & Gold Mines Ltd. is conducting its Q2 2025 earnings conference call, highlighting its financial results and operational updates for the quarter [1][2]. Group 1: Company Overview - The conference call features key company executives including President and CEO David Wolfin, CFO Nathan Harte, COO Carlos Rodriguez, and VP of Technical Services Peter Latta [4]. - The call is being recorded and is available for participants in listen-only mode [2]. Group 2: Financial Results - The financial results for Q2 2025 will be discussed, with a focus on the company's performance metrics and operational achievements during the quarter [3].
Liberty Gold Announces the Appointment of Lauren Roberts to the Board of Directors and Reports Q2 2025 Financial and Operating Results
Globenewswire· 2025-08-12 21:26
VANCOUVER, British Columbia, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce the appointment of Lauren Roberts to its Board of Directors, effective September 1, 2025. Chair of the Board, Greg Etter stated: “We are delighted to welcome Lauren to the Board. His deep industry knowledge and operational leadership experience will strengthen Board governance and strategic oversight as we execute on our strategic priorities, br ...
ARIS MINING COMMENTS ON RECENT SHARE PRICE VOLATILITY
Prnewswire· 2025-08-12 17:30
Core Viewpoint - Aris Mining Corporation is experiencing share price volatility due to Mubadala Investment Company's sale of its entire stake, comprising 15.75 million common shares, to institutional investors through a block trade [1][2][3] Company Overview - Aris Mining was founded in September 2022 with a focus on becoming a leading gold mining company in Latin America, aiming for value creation through production, cash flow generation, and growth via asset expansions and exploration [4] - The company operates two underground gold mines in Colombia, the Segovia Operations and the Marmato Complex, which produced 210,955 ounces of gold in 2024 [5] Recent Developments - The shares held by Mubadala became free trading in late June 2025, following a one-year hold period after the Soto Norte transaction, which has led to a more diversified shareholder base [3] - The completion of the block trade and the expiry of exchange-traded warrants have removed significant overhangs for the company [3] Future Plans - Aris Mining is advancing the Pre-Feasibility Study for the Soto Norte project, with results expected in September 2025 [3] - The company is targeting an annual production rate of over 500,000 ounces of gold, with expansions at Segovia and the Marmato Complex expected to ramp up production in H2 2025 and H2 2026, respectively [5] - A new Preliminary Economic Assessment (PEA) for the Toroparu gold/copper project in Guyana is also underway, with results anticipated in Q3 2025 [5] Strategic Partnerships - Aris Mining is actively pursuing partnerships with Colombia's small-scale mining sector to promote safe, legal, and environmentally responsible operations that benefit local communities [6]
First American Uranium Announces Shares for Debt
Globenewswire· 2025-08-08 11:30
Group 1 - First American Uranium Inc. will enter into a debt settlement agreement involving the issuance of 2,000,000 common shares at a deemed price of $0.205 per share, totaling $410,000 for services provided by creditors [1][2] - The debt settlement includes $73,500 owed to a Director and Officer of the Company [1] - All shares issued will be subject to a statutory hold period of four months plus a day from the date of issuance, pending necessary corporate and regulatory approvals [2] Group 2 - First American Uranium Inc. is focused on mineral exploration and acquisition of mineral property assets in North America, with an objective to develop economic precious and base metal properties [3] - The Company is conducting exploration programs on the Silver Lake property, located approximately 30 km southeast of Houston, British Columbia [3]
Diversified Royalty Corp. Announces August 2025 Cash Dividend and Q2 2025 Earnings Release Date
Globenewswire· 2025-08-05 21:05
Core Points - Diversified Royalty Corp. has announced a cash dividend of $0.02292 per common share for the period of August 1, 2025, to August 31, 2025, which annualizes to $0.275 per common share [1] - The dividend will be paid on August 29, 2025, to shareholders of record as of the close of business on August 15, 2025 [1] - The company will release its earnings results for the three and six months ended June 30, 2025, on August 6, 2025 [2] Company Overview - Diversified Royalty Corp. is a multi-royalty corporation focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America [3] - The company's objective is to acquire predictable and growing royalty streams from a diverse group of businesses and franchisors [3] Current Holdings - The company currently owns trademarks for several brands, including Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, and Cheba Hut [4] - Mr. Lube + Tires is recognized as the leading quick lube service business in Canada, while AIR MILES® is the largest coalition loyalty program in the country [4] Financial Strategy - Diversified Royalty Corp. aims to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [5] - The company intends to maintain a predictable and stable monthly dividend to shareholders and plans to increase the dividend over time as cash flow per share allows [5]
Torex Gold Resources (TORX.F) Earnings Call Presentation
2025-07-28 12:00
Transaction Overview - Torex Gold is set to acquire all outstanding shares of Prime Mining, implying an equity value of $449 million (US$327 million)[19] - The transaction consideration is an exchange ratio of 0.0600 Torex common shares per Prime Mining share, representing an offer price of $2.57 per Prime Mining share based on Torex's closing price on July 25, 2025[19] - This represents a 32.4% premium based on the 30-day volume-weighted average prices of Torex and Prime Mining and an 18.5% premium based on spot prices[19] Benefits to Torex Gold Shareholders - The acquisition diversifies Torex's asset base by adding the Los Reyes project, a high-quality advanced exploration/development asset, to drive growth[20] - The Los Reyes project boasts a sizeable mineral resource, materially increasing Torex's resource base[20] Benefits to Prime Mining Shareholders - Prime Mining shareholders receive an immediate and significant premium, including a 32.4% premium to the 30-day VWAP and an 18.5% premium to spot prices[21] - Prime Mining shareholders gain participation in a high-margin, growing gold-copper company through a 10.7% ownership in the pro forma company[21] Los Reyes Project Highlights - The Los Reyes project has a multi-million ounce deposit, including a high-grade mill resource[29] - The Los Reyes project contains total indicated resources of 49.0 million tonnes with a gold grade of 0.95 g/t and a silver grade of 34.2 g/t, containing 1,491 koz of gold and 54.0 Moz of silver[30] - The Los Reyes project contains total inferred resources of 17.2 million tonnes with a gold grade of 0.97 g/t and a silver grade of 39.0 g/t, containing 538 koz of gold and 21.6 Moz of silver[30] Exploration and Development - Torex has budgeted $45 million towards drilling in 2025 (124,500 metres) across its properties[41]
Sylla Gold Announces Approval of Loans
Newsfile· 2025-07-25 21:00
Group 1 - Sylla Gold Corp. has received approval from the TSX Venture Exchange for the issuance of 599,998 common shares at a deemed price of $0.015 per share, related to unsecured promissory notes totaling $45,000 [1] - The promissory notes bear an interest rate of 7% per annum, with the principal and any accrued interest due on demand after June 6, 2026 [1] - All common shares issued are subject to a hold period of four months plus a day from the date of issuance [2] Group 2 - The issuance of common shares is classified as a related party transaction, as some lenders are directors and/or officers of the company [3] - The company is relying on exemptions from certain requirements of Multilateral Instrument 61-101, as the fair market value of the notes does not exceed 25% of the company's market capitalization [3]