Maaden says the binding term sheet is valid until March 31, 2027, unless the parties agree otherwise Saudi Arabian Mining Co. (Maaden) entered into a binding term sheet with MP Materials Corp. and Mountain JV, LLC.   The agreement, signed today, Nov. 19, outlined certain advisory and technical services, as well as the formation of a joint venture (JV) to establish, develop, and construct a rare earth element (REE) refining and separation facility in Saudi Arabia (the “Processing Facility”), according to a ...

Boyu Capital is in talks to bring in Tencent, Singapore’s GIC and possibly other investors as limited partners in its planned investment in Starbucks’ China business, as reported by Bloomberg. The US coffee chain recently agreed to sell a majority stake in its China retail operations to Boyu for $4bn. The transaction involves the creation of a joint venture in which the private equity company would own up to 60% of Starbucks’ retail business in the country. Starbucks will retain a 40% stake and will con ...

Core Viewpoint - Orecap Invest Corp. has entered into a strategic agreement with Mistango River Resources Inc. to advance the high-grade McGarry Gold Project, allowing Orecap to retain significant ownership while unlocking capital investment for exploration and development [1][2]. Agreement Structure - The agreement allows Stardust to earn up to a 75% interest in the McGarry Project through a two-stage option process [3][6]. - Option 1 requires Stardust to complete $13 million in commitments over four years, including cash payments and work obligations focused on updating mineral resource estimates and aggressive drilling campaigns [3][5]. - Upon completion of Option 1, a 50/50 Joint Venture will be formed with Stardust as the operator [6]. Financial Implications - If Option 2 is exercised, Stardust can acquire an additional 25% interest for a $50 million cash payment, which aligns with previous valuations for similar land packages [6][7]. - The initial $12.5 million work program will be fully funded by Stardust, allowing Orecap to benefit from exploration without diluting its balance sheet [7]. Tailings Reprocessing Opportunity - The McGarry property includes historic tailings from the Kerr Addison operation, which produced 11 million ounces of gold at an average grade of 9 g/t [8]. - The potential for early-stage gold recovery from these tailings could significantly enhance the project's economics [8]. Strategic Positioning - Orecap is a significant shareholder of Mistango, owning 24.7 million shares (13.9%), which strengthens the alignment between the two companies [9][10]. - The McGarry project is strategically located near major operators and active developers, enhancing its district-scale value [10][12]. Governance and Compliance - The transaction is classified as a Non-Arm's Length Transaction under TSXV policies, requiring approval from disinterested shareholders and a formal valuation [13][14]. - Orecap expects to seek disinterested shareholder approval for the transaction, with a special meeting anticipated in early 2026 [14].

MONTREAL, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Midland Exploration Inc. ("Midland") (TSX-V: MD) is pleased to announce the signing of a definitive option agreement with a wholly-owned indirect subsidiary of Barrick Mining Corporation ("Barrick") for the Lewis gold property (the “Property”), currently wholly-owned by Midland and located about 60 kilometres southwest of the town of Chapais in the Abitibi, Quebec (the “Transaction”). Option Agreement Pursuant to the Transaction, Barrick has the right to acquire u ...

Core Insights - Skyharbour Resources Ltd. has entered into a definitive repurchase agreement with Denison Mines Corp. for the Russell Lake Uranium Project, which includes a total project consideration of up to CAD $61.5 million [4][5][9] Transaction Overview - Denison will acquire an initial project interest in the Russell Lake Uranium Project, with the transaction structured into four joint ventures [4][5][8] - The total consideration includes CAD $21.5 million in cash or share payments and up to CAD $40 million in expenditures over seven years for Denison to earn between 20% and 70% ownership [5][9] - The agreement includes an upfront payment of CAD $2 million and deferred payments totaling CAD $16 million [9][10] Project Structure - The Russell Lake Project will be divided into four joint ventures: Russell Lake (80% Skyharbour, 20% Denison), Getty East (70% Skyharbour, 30% Denison), Wheeler North (51% Skyharbour, 49% Denison), and Wheeler River Inlier Claims (30% Skyharbour, 70% Denison) [5][8][18] - Denison has committed to a minimum of CAD $4 million in exploration expenditures over the first two years for Wheeler North and Getty East [5][6] Strategic Importance - The Russell Lake Project is strategically located in the Eastern Athabasca Basin, enhancing accessibility due to nearby infrastructure [4][17] - The partnership with Denison is expected to leverage their experience from the Wheeler River Project to advance exploration at Russell [4][6] Exploration Potential - The Russell Lake Project covers 73,314 hectares and hosts numerous prospective targets, including the Christie Lake, Blue Steel, and Kowalchuk areas [17][19][20] - The claims remain underexplored, presenting opportunities for new discoveries and expansion of known mineralized zones [23] Future Plans - Skyharbour will continue to operate the majority of the claims at Russell while benefiting from Denison's financial commitment to fund exploration activities through 2026 [6][18] - The company aims to maximize shareholder value through new mineral discoveries and long-term partnerships [29]

AIRO Group Holdings (NasdaqGM:AIRO) Q3 2025 Earnings Call November 14, 2025 08:00 AM ET Company ParticipantsJoe Burns - CEOAndre Madrid - VP of Equity ResearchMariya Pylypiv - CFOChirinjeev Kathuria - Executive ChairmanBrett Linzey - Managing DirectorColin Canfield - DirectorDan Johnson - Executive President of Investor RelationsOperatorThank you for standing by. My name is Jeannie, and I will be your conference operator today. At this time, I would like to welcome everyone to the AIRO third quarter 2025 ea ...

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore each totalling Rs 7,200 crore.Photograph: Fred Thornhill/ReutersEach partner will invest Rs 1,250 crore ($140 million) in the first five years.The new business is expected to apply for a licence with the Insurance Regulatory and Development Authority of India in two to ...

Q3 2025 Results Presentation November 12, 2025 Cautionary Information This presentation contains forward-looking information within the meaning of applicable Canadian and United States securities legislation. All information contained in this presentation, other than statements of current and historical fact, is forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "budget", "guidance", "scheduled", "estimates", "for ...

Vancouver, B.C, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Aegis Resources Ltd. (“Aegis” or the “Company”) announces the signing of two option agreements with Targa Exploration Corp. (CSE: TEX | FRA: V6Y | OTCQB: TRGEF) (“Targa” and together with Aegis, the “Parties”) to earn up to an 80% interest in the El Zanjon and Venidero gold-silver projects (the “Projects”), located in Santa Cruz Province, Argentina. In a structure that has similarities to the Company's successful agreement with Andina Copper Corporation (CSE ...

Exclusive: Restaurant Brands International struck a joint-venture deal with Chinese private-equity firm CPE to inject capital into its Burger King China business and help fuel growth overseas https://t.co/psvyHnslUG ...