ANNUAL MEEING OF SHAREHOLDERS May 13, 2025 CONSISTENT BUSINESS STRATEGY Expand portfolio of recurring income producing commercial and hospitality properties Develop residential communities with long term, scalable and repeatable revenue Multi-faceted capital allocation between capital expenditures for business growth, debt reduction, and stock repurchases Steady and growing dividend program HOW JOE IS POSITIONED 87% OF THE 167,000 ACRES OWNED ARE IN BAY, WALTON AND GULF COUNTIES ENTITLEMENTS TO DEVELOP OVER ...

Core Viewpoint - Nova Pacific Metals Corp. has appointed Zachary Kotowych to its Board of Directors, bringing nearly a decade of experience in the mining and capital markets sectors, which will aid in advancing the company's projects and exploring new opportunities [1][5]. Company Update - Zachary Kotowych currently serves as CEO and Director of Troubadour Resources Inc. and has held corporate development roles at various junior mining companies, including Abitibi Metals Corp. [2][3]. - His technical experience includes exploration work with Great Bear Resources, Carlisle Goldfields, and Solstice Gold, and he holds a Master of Science in Geophysics and an Honours Bachelor of Science in Mathematics and Geology from the University of Toronto [4]. - The company has amended the expiry date of 7,410,000 share purchase warrants from May 31, 2025, to May 31, 2026, with an exercise price of $0.40 per share [6][7]. Indigenous Engagement - Nova Pacific emphasizes early and meaningful engagement with First Nation communities to ensure that mineral exploration and development activities are well-coordinated and supported, aiming to establish mutually beneficial partnerships [8]. Project Focus - The company is focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia, which has a significant historical resource rich in critical and precious metals [9]. - Nova Pacific's strategy includes verification and exploration drilling, completion of an updated mineral resource estimate, and additional technical studies following these milestones [9].

以下介绍区块链APP开发的详细步骤。北京木奇移动技术有限公司，专业的软件外包开发公司，欢迎洽 谈合作。 前期准备 - 明确需求：确定APP的功能和目标用户群体。比如是金融类用于数字货币交易，还是溯源类追踪商品 供应链信息。 - 技术选型：选择合适的区块链平台和开发语言。常见的区块链平台有以太坊、超级账本Fabric等；开 发语言根据平台而定，如以太坊智能合约常用Solidity，移动端APP开发可选择Java（安卓）、Swift （iOS）。 - 组建团队：包括区块链开发工程师、移动应用开发工程师、UI/UX设计师、测试人员等。 设计阶段 - 架构设计：规划APP的整体架构，确定区块链网络与移动端的交互方式，如采用RESTful API或 WebSocket实现数据传输。 - 数据库设计：设计本地数据库存储用户信息、交易记录等数据，同时考虑与区块链数据的同步机制。 开发阶段 - 区块链底层搭建或接入：若选择自主搭建区块链网络，需进行节点配置、共识机制设置等；若接入已 有平台，按平台文档完成集成。 - 智能合约开发：用所选语言编写智能合约，实现业务逻辑，如创建代币、管理资产等，并进行严格的 测试。 - 移动端开 ...

13 May 2025 | 1:50AM HKT Taiwan Strategy Dividend ETF Rebalancing Update We highlighted in late April that dividend ETFs have become significant in the Taiwan market, reaching a total AUM of US$62bn or 4.0%/5.7% of Taiwan ex-TSMC full/free float market cap currently. The upcoming rebalancing for dividend ETFs during May-June is important for investors to monitor, as it will drive flows and volatility for stocks to be included or excluded, or having their weights adjusted. This provides investors with opport ...

作者 | 凌敏 氛围编程（Vibe Coding）彻底火了，甚至已经成为硅谷近期最火热的概念。 今年 2 月，OpenAI 联合创始人、前特斯拉 AI 负责人 Andrej Karpathy 提出氛围编程概念：你完全沉浸在氛围里，拥抱指数式增长，甚至忘记代码本身 的存在。"我只是看到什么就说什么，运行，复制粘贴，然后基本能跑起来。如果发生错误，就把错误信息再塞给 AI，接受它的改动，试试看能不能 行，然后反复这个流程。" 随后，氛围编程在国内外的科技社区迅速走红，一度成为开发者群体的"新精神图腾"。YC CEO Garry Tan 更是直言："氛围编程不是一阵风潮，也不会 消失；它是编码的主流方式，如果你不这么做，就可能被落在后面。" 与传统的软件开发相比，氛围编程更强调通过自然语言描述需求，由 AI 自动生成代码。这种方式极大地简化了开发流程，开发者能够专注于创意和功能 实现，而不是代码细节。此外，氛围编程也能让完全没有技术背景的人参与到编程中来。 人人都是程序员的畅想，在这一刻更加清晰了。 而氛围编程之所以可行，正如 Karpathy 所说的那样： 大模型已经强大到离谱了。 如今的大模型，编程能力早已不在 ...

Core Insights - Blue Owl Capital Corp. (NYSE: OBDC) demonstrated resilience in the first quarter earnings, showcasing robust net investment income despite a challenging and volatile market [1] - The company successfully grew its portfolio value, indicating strong performance in a difficult economic environment [1] Financial Performance - The first quarter earnings report highlighted the company's ability to maintain strong net investment income [1] - The growth in portfolio value reflects the company's strategic positioning and adaptability in the current market conditions [1]

Financial Data and Key Metrics Changes - Runway Growth Finance reported total investment income of $35.4 million and net investment income of $15.6 million for Q1 2025, compared to $33.8 million and $14.6 million in Q4 2024, respectively [5][18] - The net asset value (NAV) per share decreased by 2.2% to $13.48 from $13.79 at the end of Q4 2024 [17] - The total investment portfolio's fair value decreased by 6.7% from $1.08 billion in Q4 2024 to $1 billion in Q1 2025 [17] Business Line Data and Key Metrics Changes - The weighted average portfolio risk rating remained stable at 2.33, indicating consistent credit quality [16] - The loan portfolio is primarily composed of first lien senior secured loans, with 97% of assets being floating rate [17][18] - The dollar weighted loan to value ratio increased from 28% to 29.1% [17] Market Data and Key Metrics Changes - The venture capital landscape has shifted, with a slowdown in fundraising and a focus on profitability over growth, impacting deal activity [11][12] - The company noted that healthcare lending has been softer, reflecting broader market caution [26][28] Company Strategy and Development Direction - The company aims to optimize its portfolio and expand origination channels following its merger with BC Partners [6][9] - A strategic focus on credit-first underwriting practices is intended to ensure long-term shareholder value [8] - The company is positioned to benefit from a diversified portfolio that mitigates risk [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to navigate ongoing market volatility and emphasized a focus on sustainable growth [12][61] - The sentiment in the venture ecosystem is shifting, with companies needing to demonstrate growth to attract investment [12][13] Other Important Information - The company has a new stock repurchase program approved for $25 million, reflecting management's belief in the stock's undervaluation [22] - A regular distribution of $0.33 per share and a supplemental dividend of $0.02 per share were declared for Q2 2025 [22] Q&A Session Summary Question: Comments on healthcare lending and its slowdown - Management noted that healthcare remains a core focus, but the current quarter has shown a softer lending environment [26][28] Question: Update on the investment pipeline - The pipeline is currently seeing a high percentage of refinances, with ongoing cautiousness in credit approaches [29][32] Question: Context on NII trends and dividend declaration - The supplemental dividend is lower due to a strategic decision to build NAV rather than payout excess earnings [35][37] Question: Trends in private credit market - There is an improvement in the structure of the pipeline, with better terms and lower leverage asks [42][44] Question: Highlights of realized gains and unrealized depreciation - Realized gains were driven by the sale of Gynasonics, while depreciation was influenced by performance and market multiples [50][52]

Financial Data and Key Metrics Changes - For Q1 2025, total investment income was $35.4 million, and net investment income was $15.6 million, compared to $33.8 million and $14.6 million in Q4 2024, respectively [5][18] - The net asset value (NAV) per share decreased by 2.2% to $13.48 from $13.79 at the end of Q4 2024 [17] - The total investment portfolio's fair value decreased by 6.7% from $1.08 billion in Q4 2024 to $1 billion in Q1 2025 [17] Business Line Data and Key Metrics Changes - The weighted average portfolio risk rating remained stable at 2.33, indicating consistent credit quality [16] - The loan portfolio is primarily composed of first lien senior secured loans, with 97% being floating rate assets [17][18] - The dollar-weighted average annualized yield on the debt portfolio increased to 15.4% in Q1 2025 from 14.7% in Q4 2024 [18] Market Data and Key Metrics Changes - The company executed three investments in existing portfolio companies totaling $50.7 million in funded loans during Q1 2025 [6][16] - The company noted a cautious approach in the healthcare lending sector, reflecting broader market conditions [26][28] Company Strategy and Development Direction - The company aims to optimize its portfolio and expand origination channels following its merger with BC Partners [5][7] - A strategic focus on credit-first underwriting practices is intended to ensure long-term shareholder value, even if it results in slower portfolio growth [8][9] - The company is positioned to benefit from a strategic focus that diversifies its portfolio and mitigates risk [7] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate ongoing market volatility and emphasized a focus on sustainable growth [12][61] - The management team highlighted a shift in venture-backed companies towards profitability and reduced cash burn, indicating a more cautious investment environment [11][12] - The company anticipates muted deal activity in 2025 but believes there will be a need for non-dilutive growth capital in the future [13] Other Important Information - The company extended its credit facility with KeyBank by three years and restructured its privately placed senior unsecured notes [20] - A new stock repurchase program of $25 million was approved, reflecting management's confidence in the company's valuation [22] - A regular distribution of $0.33 per share and a supplemental dividend of $0.02 per share were declared for Q2 2025 [22] Q&A Session Summary Question: Comments on healthcare lending and its slowdown - Management noted that healthcare lending has been softer and slower, reflecting cautious market conditions [26][27] Question: Update on the investment pipeline - The pipeline is currently seeing a mix of refinances and new opportunities, with a focus on ensuring appropriate structure and pricing [29][30] Question: Trends in net investment income (NII) and dividend declaration - The supplemental dividend for Q2 is lower due to a strategic decision to build NAV rather than prioritize dividend payouts [35][36] Question: Impact of private credit market conditions on pipeline - There is an improvement in the structure of the pipeline, with lower asks in terms of leverage and maintenance of quality covenants [42][43] Question: Highlights of realized gains and unrealized portfolio depreciation - Realized gains were driven by the sale of Gynasonics, while depreciation was influenced by performance and market multiples [50][52]

Financial Data and Key Metrics Changes - Total investment income for Q1 2025 was $35.4 million, an increase from $33.8 million in Q4 2024, while net investment income rose to $15.6 million from $14.6 million in the previous quarter [5][18] - The fair value of the total investment portfolio decreased to $1 billion, down 6.7% from $1.08 billion in Q4 2024 and down 1.2% from $1.02 billion in the same period last year [17] - Net assets decreased to $503.3 million from $514.9 million at the end of Q4 2024, with NAV per share falling to $13.48, a decrease of 2.2% [17] Business Line Data and Key Metrics Changes - The loan portfolio primarily consists of first lien senior secured loans, with 97% of assets being floating rate [17] - The dollar weighted loan to value ratio increased from 28% to 29.1% [17] - The debt portfolio generated a dollar weighted average annualized yield of 15.4% for Q1 2025, compared to 14.7% in Q4 2024 [18] Market Data and Key Metrics Changes - The first quarter of 2025 was characterized by a cautious market environment, with a noted slowdown in healthcare lending and overall deal activity [12][29] - The company executed three investments in existing portfolio companies totaling $50.7 million in funded loans during Q1 2025 [6][16] Company Strategy and Development Direction - The company aims to optimize its portfolio and enhance origination channels following the merger with BC Partners Credit, focusing on credit-first underwriting practices [6][9] - The strategic focus is on diversifying the portfolio and mitigating risks, with a target loan size range of $30 million to $150 million [6][9] - The company is positioned to benefit from a strategic focus on sustainable growth and a strong track record of low loss rates compared to peers [9][10] Management's Comments on Operating Environment and Future Outlook - Management noted a shift in the venture ecosystem, with companies now prioritizing sustainable growth over top-line growth due to market conditions [12][13] - The sentiment in the market is expected to shift, with companies needing to demonstrate growth to attract investment [14] - Management expressed confidence in the company's ability to cover dividends and build NAV per share, despite a cautious approach to credit [37][38] Other Important Information - The company has a total available liquidity of $315.4 million, including unrestricted cash and cash equivalents, and a borrowing capacity of $297 million [20] - A new stock repurchase program of $25 million was approved, reflecting management's confidence in the stock's valuation [22] - A regular distribution of $0.33 per share and a supplemental dividend of $0.02 per share were declared for Q2 2025 [23] Q&A Session Summary Question: Comments on healthcare lending and its slowdown - Management indicated that healthcare remains a core vertical but noted a softer quarter in lending, influenced by broader market conditions [28][29] Question: Update on the investment pipeline - The pipeline is currently seeing a mix of refinances and new opportunities, with a cautious approach to credit impacting activity levels [30][33] Question: Trends in net investment income and dividend declaration - The supplemental dividend for Q2 is lower due to a strategic decision to build NAV rather than focus solely on dividend payouts [36][38] Question: Impact of private credit market conditions - Management noted improvements in the structure of the pipeline, with lower leverage asks and maintained quality of covenants [44][45] Question: Insights on AI investment opportunities - The company is focused on mature businesses in the AI space, avoiding early-stage companies due to their high burn rates [46][48] Question: Factors driving realized gains and unrealized depreciation - Realized gains were driven by the sale of Gynasonics, while unrealized depreciation was influenced by performance and market multiples [51][53]

NEW YORK, May 12, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the first quarter ended March 31, 2025. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended March 31, 2025. The distribution will be payable on July 3, 2025 to stockholders of record as of June 19, 2025.Stuart Aronson, WhiteHorse Finance's Chief Executive Officer, commented, ...