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LEADING EDGE MATERIALS ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED NON-BROKERED PRIVATE PLACEMENT
Globenewswire· 2025-08-15 21:30
Core Points - Leading Edge Materials Corp. has successfully closed a non-brokered private placement financing, initially announced on June 10, 2025, raising gross proceeds of C$2,838,160 by issuing 17,738,500 units at a price of C$0.16 per unit [2][4]. Group 1: Private Placement Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at a price of C$0.32 until four years from the closing date [3]. - The net proceeds from the private placement will be utilized for the company's projects in Sweden and Romania, as well as for general working capital and corporate purposes [4]. - A finder's fee of 6% was paid to a third party on a portion of the private placement, which is subject to final approval from the TSX Venture Exchange [4]. Group 2: Insider Participation - Insiders of the company purchased a total of 10,666,000 units in the private placement, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [6]. - Mr. Eric Krafft, a director of the company, acquired 10,666,000 common shares, increasing his total holdings to approximately 38.30% of the issued and outstanding common shares on a non-diluted basis and 48.28% on a partially diluted basis [7]. Group 3: Company Overview - Leading Edge Materials is focused on developing critical raw material projects in the European Union, including the Woxna Graphite mine in Sweden and the Norra Kärr Heavy Rare Earth Elements project [12]. - The company is positioned to benefit from the growing demand for critical raw materials linked to high-growth technologies such as lithium-ion batteries and permanent magnets [12].
Abacus Life CEO on record growth and 2025 outlook – ICYMI
Proactiveinvestors NA· 2025-08-15 20:11
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
X @Documenting ₿itcoin 📄
World’s First Modular Designed Bitcoin Machines ‘Proto Rig’ Running in Core Scientific’s Georgia Minehttps://t.co/rkiwzY3VSW ...
G Mining Ventures targets stronger H2 after record cash flow, TZ throughput milestone
Proactiveinvestors NA· 2025-08-15 12:25
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
AFARAK GROUP: INTERIM REPORT H1 2025
Globenewswire· 2025-08-15 06:00
07:00 London, 09:00 Helsinki, 15 August 2025 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) | | | H1/25 | H1/ 24 | 2024 | | --- | --- | --- | --- | --- | | Revenue | EUR million | 77.1 | 71.4 | 128.6 | | EBITDA | EUR million | 6.9 | 4.2 | 2.6 | | EBIT | EUR million | 5.9 | 3.1 | -0.1 | | Earnings before taxes | EUR million | 3.4 | 1.9 | -5.3 | | Profit | EUR million | 2.4 | 0.5 | -7.2 | | Earnings per share | EUR | 0.01 | 0.00 | -0.03 | | EBITDA margin | | 9.0% | 5.9% | 2.0% | | EB ...
The Metals Company Hits A $23.6 Billion NPV Milestone: Why The Market Must Reprice It
Seeking Alpha· 2025-08-15 02:09
Group 1 - The Metal Company's transition to the U.S. licensing framework has reduced risks associated with its deep sea mining initiatives [1] - The validation of TMC's move has been supported by recent developments in technology innovation and commercialization within the energy and natural resources sectors [1] Group 2 - The analysis emphasizes the importance of frontier mining, particularly in marine minerals and lunar resources, as well as uranium [1] - The analyst has over 13 years of experience in various sectors, including startups and think tanks, contributing to insights on market movers related to energy security [1]
X @Documenting ₿itcoin 📄
World’s First Modular Bitcoin Machine ‘Proto Rig’ Running Inside Core Scientific’s Georgia Minehttps://t.co/rkiwzY3VSW ...
Emerita Resources Announces Concurrent Offering
Globenewswire· 2025-08-14 21:00
Core Points - Emerita Resources Corp. has successfully fully subscribed its Initial Offering of up to 23,809,500 units due to strong investor demand and is launching a Concurrent Offering of up to 1,000,000 units at a price of $1.05 per unit for gross proceeds of up to $1,050,000, bringing the total maximum gross proceeds of both offerings to $26,049,975 [1][4] Group 1 - The Concurrent Offering will consist of units that include one common share and one-half of a common share purchase warrant, with each warrant allowing the purchase of one common share at an exercise price of $1.30 for 24 months post-offering [3] - An existing large shareholder has agreed to subscribe for the Concurrent Offering, indicating strong support from current investors [2] - The net proceeds from both offerings will be allocated towards exploration and development of the company's mineral properties in Spain, as well as for general corporate and working capital purposes [4] Group 2 - The Concurrent Offering is expected to close on or about August 26, 2025, subject to necessary approvals, including from the TSX Venture Exchange [4] - The securities offered in the Concurrent Offering will not be registered under the United States Securities Act and cannot be sold within the United States without proper registration or exemption [5] - Emerita Resources Corp. focuses on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office located in Sevilla, Spain [6]
Range Impact Reports 2Q 2025 Financial Results
GlobeNewswire News Room· 2025-08-14 20:53
Core Insights - Range Impact, Inc. reported its second quarter results for the period ending June 30, 2025, highlighting progress in its strategy to build recurring revenue streams and reduce costs [1][3] Business and Financial Highlights - The company sold three non-core mining permits at the Fola Mine Complex, reducing reclamation obligations by $1,244,560 and generating a transaction advisory fee of $800,000, totaling over $2.0 million in value [7] - Two additional mining permits were acquired at the Fola Mine Complex, along with a coal royalty agreement, expected to yield several years of surface mining and royalty payments [7] - A new underground metallurgical coal royalty agreement was finalized with a large public coal company, anticipated to provide several years of underground mining and royalty payments [7] - Progress was made on a large solar project at the Fola Mine Complex, expected to generate a minimum of 25 years of lease revenue starting in the next few years [7] - Gross Profit for the quarter was $508,322, an increase of $504,471 from Q1 2025 and $657,251 from Q2 2024, attributed to new royalty income, cost reductions, and the transaction advisory fee [7] - The company divested non-core equipment and repaid $355,653 in debt, totaling $722,143 in debt paydowns for the year-to-date period [7] - Operations were streamlined to maximize free cash flow for reclamation and repurposing efforts at the Fola Mine Complex [7]
X @The Economist
The Economist· 2025-08-14 20:10
China’s near monopoly of rare earths stems from scale and convenience. The more it uses them as an economic weapon, the more it will encourage others to diversify https://t.co/o167oWN3Tg ...