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Silver Crown Royalties Announces Closing of Oversubscribed $3.3M Brokered Life Offering Led by Centurion One Capital
Newsfile· 2025-10-06 20:36
Core Viewpoint - Silver Crown Royalties Inc. successfully closed an oversubscribed financing of $3.3 million, indicating strong investor demand and allowing the company to increase the offering size [1][2]. Financing Details - A total of 599,064 Units were sold at a price of $5.50 per Unit, resulting in aggregate gross proceeds of $3,294,852 [1]. - The offering was led by Centurion One Capital Corp. as the lead agent and sole bookrunner [1]. Use of Proceeds - The net proceeds from the offering will be utilized to finalize remaining royalty transactions and to expand SCRi's silver royalty portfolio by funding precious metal mining opportunities and processing facilities [4]. - Funds will also support the acquisition of new royalty opportunities, due diligence efforts, and administrative expenses to enhance growth and shareholder value in a strong silver market [4]. Securities Issuance - Each Unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire one common share at a price of $8.25 for a period of 36 months from the closing date [2]. - The securities issued are not subject to a hold period under applicable Canadian securities laws [3]. Broker Compensation - In connection with the offering, the company paid a cash commission of $263,588.16 and issued 47,925 broker warrants, each entitling the holder to acquire a Unit at the issue price for three years from the closing date [5].
6 retirement strategies for when clients can't save more
Yahoo Finance· 2025-10-06 19:16
Core Insights - The traditional approach of simply saving more for retirement is becoming increasingly difficult for younger workers due to rising costs and competing financial priorities [1][2][3] - A significant portion of younger workers, specifically 42%, report living paycheck to paycheck, with 74% struggling to save for retirement [2] - Goldman Sachs emphasizes the need for more strategic investment and retirement income strategies to address the savings gap, rather than relying solely on increased savings [3] Retirement Savings Strategies - Goldman Sachs identifies six strategies to help close the retirement savings gap, suggesting that a more thoughtful approach is necessary for many workers [3] - The introduction of "Trump accounts" as a new early savings vehicle aims to provide government-funded investment accounts for newborns starting in 2025, with an initial $1,000 contribution [4] - These accounts allow for annual contributions of up to $5,000, and modeling shows that consistent contributions from ages 1 to 20 can yield significant retirement savings [5][6] Access to Retirement Plans - Approximately 25% of working Americans currently lack access to employer-sponsored retirement plans, highlighting a critical area for improvement in retirement outcomes [7]
Gold climbs over $4,000; silver, bitcoin surge as 'debasement trade' flight to havens continues
Yahoo Finance· 2025-10-06 18:35
Group 1: Market Trends - Gold futures reached a new record of over $4,060 per troy ounce, while silver futures climbed to $48.70, marking its strongest level in decades [1][6] - Bitcoin is trading near $123,000, just below its recent record of $125,790, reflecting ongoing interest in hard assets and cryptocurrencies as hedges against fiat currency erosion [2][3] Group 2: Economic Context - The US dollar index has declined approximately 9% year to date, contributing to the rise in precious metals and cryptocurrencies [3] - Fiscal uncertainty in developed markets, particularly following Japan's recent election of Sanae Takaichi as prime minister, has led to increased demand for safe-haven assets [4][5] Group 3: Investment Insights - Gold and silver futures have surged about 55% and 65% year to date, respectively, driven by expectations of Federal Reserve rate cuts, which enhance the appeal of these metals [6] - Goldman Sachs has raised its gold price forecast for December 2026 from $4,300 to $4,900 per troy ounce, citing strong inflows into gold-backed exchange-traded funds [6][7]
SPARTAN CAPITAL SECURITIES, LLC SERVES AS EXCLUSIVE PLACEMENT AGENT FOR MULTI WAYS HOLDINGS' $1.485 MILLION SECOND TRANCHE, BRINGING TOTAL REGISTERED DIRECT OFFERING TO $2.97 MILLION
Globenewswire· 2025-10-06 14:00
Core Insights - Spartan Capital Securities, LLC announced the closing of the second tranche of a registered direct offering for Multi Ways Holdings Limited, a leading supplier of heavy construction equipment in Singapore and the surrounding region [1][4]. Group 1: Offering Details - The second tranche consisted of 9,000,000 ordinary shares priced at $0.165 per share, along with warrants to purchase an additional 9,000,000 ordinary shares, resulting in aggregate gross proceeds of $1,485,000 from this tranche [2]. - Combined with the first tranche, the total gross proceeds raised through the offering amount to $2,970,000 [2]. Group 2: Warrant Information - Each warrant is exercisable at $0.198 per share and will remain exercisable for five years from the date of issuance [3]. Group 3: Use of Proceeds - Multi Ways intends to use the net proceeds for working capital and general corporate purposes [3]. Group 4: Company Background - Multi Ways Holdings supplies a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, serving customers across Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines [7].
X @Bloomberg
Bloomberg· 2025-10-06 13:36
Societe Generale hired a former HSBC banker to work on health-care mergers and acquisitions and bolster its US investment banking presence https://t.co/zCuPYrFtBM ...
Piper Sandler Expands Technology Investment Banking Team with the Additions of Eric Matthews and Keith Schellhorn
Businesswire· 2025-10-06 13:01
Core Insights - Piper Sandler Companies has announced the addition of Eric Matthews and Keith Schellhorn as managing directors in its technology investment banking team, enhancing its capabilities in delivering high-quality advice and solutions [1] Company Developments - The new appointments are expected to strengthen Piper Sandler's client relationships and execution track record in the technology sector [1] - Eric Matthews and Keith Schellhorn are recognized as proven leaders within the investment banking industry [1]
Gold to Rise 10% by End of 2026, Says Goldman's Struyven
Youtube· 2025-10-06 12:47
Core Viewpoint - The gold market is expected to rise by 10% to 4300 by the end of next year, driven by strong inflows from central banks and ETF holders, rather than speculative positioning [1] Group 1: Central Bank Diversification - Central banks are underweight in gold, with the Chinese central bank holding about 8% of its reserves in gold compared to a global average of 20% [4] - The freezing of Russian central bank reserves in 2022 has prompted reserve managers to recognize gold as a safe asset [4] - Central bank surveys indicate record-high gold purchase intentions, suggesting a sustained trend of increased gold purchases over the next three years [5] Group 2: ETF Inflows - In September, ETF inflows into gold were six times larger than predictions based on a rates-based model, indicating significant private sector diversification into the gold market [2] - The gold market is approximately 70 times smaller than the US Treasury market, highlighting the potential for additional upside in gold investments [2] Group 3: Cyclical Factors - An additional 100 basis points of Fed rate cuts could further boost ETF holdings in the gold market, as lower rates typically lead to increased gold investments [6]
Wall Street Pivots: Morgan Stanley Officially Recommends Exposure To Crypto, Especially Bitcoin
Yahoo Finance· 2025-10-06 11:46
Core Insights - Morgan Stanley has advised clients to allocate 2-4% of their investment portfolios to cryptocurrency, marking a significant shift in Wall Street's approach to digital assets [1][2][3] Group 1: Portfolio Allocation Guidelines - On October 5, 2025, Morgan Stanley's Global Investment Committee (GIC) released guidelines suggesting up to 4% crypto allocation for opportunistic growth portfolios [2] - For balanced growth, a 2% crypto allocation is recommended, while 0% exposure is advised for wealth preservation and income portfolios [4] Group 2: Market Reaction and Commentary - Bitwise CEO Hunter Horsley described Morgan Stanley's pivot as significant, indicating that crypto is entering its mainstream era [3] - The crypto community has mixed reactions to the 2-4% guidance, with some viewing it as too late and too little [4] Group 3: Bitcoin Price Movement - Bitcoin reached a new all-time high of approximately $125,700 before retreating to the low $123,000 range [2][6] - The recent price surge is attributed to increased spot ETF inflows and a weaker US dollar amid concerns over a potential government shutdown [6][7] Group 4: Trading Initiatives - In September 2025, Morgan Stanley announced plans to offer crypto trading on the E*Trade platform through a partnership with Zerohash, allowing clients to trade Bitcoin, Ether, and Solana [5]
Oppenheimer Appoints James Yoo Managing Director in Healthcare Equity Capital Markets Investment Banking
Prnewswire· 2025-10-06 10:00
Core Insights - Oppenheimer & Co. Inc. has appointed James Yoo as Managing Director in its Healthcare Equity Capital Markets Investment Banking Group, focusing on Biotechnology Equity Capital Markets transactions [1][3] Group 1: Appointment and Role - James Yoo brings 27 years of experience and expertise in various financing structures, including PIPEs, Follow-on Offerings, CMPOs, and Registered Direct transactions [2] - His previous role involved advising healthcare-dedicated investment funds and biotechnology companies on Oppenheimer's Sales & Trading Desk since 2023 [3] Group 2: Impact on the Company - Yoo's track record and relationships in the biotechnology investment community are expected to enhance Oppenheimer's leadership in Healthcare Equity Capital Markets [3] - The firm aims to provide innovative capital markets solutions to help biotech companies secure necessary financing for advancing science and improving patient outcomes [4]
25 Wall Street Rising Stars and Executives to Watch
Business Insider· 2025-10-06 09:50
Core Insights - The article highlights the emergence of young dealmakers and investors who are shaping the future of finance, particularly in areas like private credit and data center deals [1][3][32]. Group 1: Rising Stars in Finance - Business Insider annually recognizes young professionals under 35 who are making significant impacts in investing, trading, and dealmaking [2]. - This year's list includes 25 individuals from prominent firms such as JPMorgan, Apollo, Citadel, and Bridgewater, showcasing their creativity and drive [3]. Group 2: Dealmaking Trends - After a slow start to the year due to various uncertainties, dealmaking is gaining momentum with significant IPOs, carve-outs, and buyouts being driven by bankers and private equity investors [4]. - The article features several notable dealmakers, including Jack Levendoski from JPMorgan, who has been involved in major technology transactions totaling over $300 billion in deal value [5][6]. Group 3: Sector-Specific Insights - The data center industry is highlighted as a multi-trillion-dollar opportunity, with Aman Mittal from Moelis & Company advising on over 15 data center-related transactions worth more than $25 billion [33][35]. - Infrastructure investments have surged, with private infrastructure fund assets increasing from $500 billion in 2016 to $1.5 trillion in 2024, driven by the AI boom and energy transition [32]. Group 4: Private Credit Evolution - The private credit sector is evolving, with Madelaine O'Connell from HPS leading innovative financing solutions for investment-grade companies, indicating a shift towards more customized loan structures [59][60]. - Knut Kirchoff from Blackstone has witnessed the rapid growth of private credit, with the firm's assets increasing from $80 billion to over $400 billion in recent years [64][66]. Group 5: Macro Insights - The article emphasizes the importance of macroeconomic understanding, with professionals like Adam Theriault-Shay at Citadel focusing on in-depth research and on-the-ground insights to inform trading strategies [92][95]. - Catherine Kress at BlackRock is positioned at the intersection of geopolitics and finance, reflecting the growing demand for insights on national security and economic resilience [97][100].