Sanu Gold Gains Investment from Montage Gold and Lundin Family
Separately, the Lundin family and its associates would purchase roughly C$4.5 million of Sanu shares, also priced at C$0.072 each, through a private placement. This would make Lundin a 10% shareholder in Sanu upon closing. Following the investments, Sanu Gold’s stock doubled from last week’s closing price of C$0.05 to C$0.10 on Monday morning, for […]
FPX Leverages Strong Cash Position for Share Buyback
FPX Nickel Corp. announced a Normal Course Issuer Bid (NCIB) to buy back up to 5 million common shares, approximately 2% of its public float, subject to TSX Venture Exchange approval. President and CEO Martin Turenne highlighted the company’s strong working capital of $36.7 million as a basis for this move, with the goal of […]
EVSX Begins Installation of Its Multi-Chemistry Battery Processing Line
EVSX Starts Installation of its Multi-Chemistry Battery Processing Line EVSX Begins Installation of Advanced Battery Recycling Line in Ontario In a significant step towards sustainable battery recycling, EVSX Corp, a subsidiary of St-Georges Eco-Mining Corp., has initiated the installation of a cutting-edge battery processing line at its facility in Thorold, Ontario. This initiative represents a […]
S&P Data Reveals October Marks Highest Mineral Exploration Activity in a Year
S&P reports that the metrics it uses to calculate the PAI were again mostly positive in October 2024. Significant drill results, financings and initial resources all increased, while positive milestones announced by mining companies stayed flat. Credit: S&P Global Meanwhile, the Exploration Price Index (EPI), which the firm uses to measure the relative change in […]
Future of Budget Flights According to Booking Holdings CEO
Booking Holdings CEO on the future of cheap flights Despite a difference of opinion with his Gen Z son, Glenn Fogel insists on leaving hours early for the airport. That way he will never miss a flight. It’s one of many mantras that the Booking Holdings CEO adheres to. Fogel presides over all of the […]
Battery X Metals Announces Consolidation of Shares | Region
Battery X Metals Announces Share Consolidation | Region Battery X Metals Inc. (CSE:BATX)(OTCQB:BATXF)(FSE:R0W, WKN:A3EMJB), a company engaged in advancing technologies for the clean energy transition, has announced its plan to consolidate its common shares at a ratio of 3.3:1. This move is set to take effect, with the new consolidated shares beginning to trade on […]
Biden’s $6.6 Billion Loan to Rivian Criticized by Elon Musk’s DOGE Partner Vivek Ramaswamy
Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian Donald Trump’s designated government efficiency co-czar, Vivek Ramaswamy, signaled his intention to scrutinize a loan granted by the Biden administration to EV manufacturer Rivian, a rival of Tesla. Ramaswamy, the founder of several biotech firms collectively known as the “Vants,” […]
Falcon Oil and Gas Limited
Falcon Oil & Gas Ltd. FALCON OIL & GAS LTD. (“Falcon” or “Company”) Filing of Interim Financial Statements 28 November 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) announces that it has filed its interim financial statements for the three and nine months ended 30 September 2024 and the accompanying Management’s Discussion […]
CrowdStrike Earnings: Strong Q3 Performance, Yet Profit Margins Struggle…
Why it matters: Despite the near-term headwinds caused by the July 19 IT outage, CrowdStrike’s CRWD growth engine continues to hum along. While we model some incident-inspired weakness in the firm’s upselling motion in the near term, we remain optimistic about the firm’s long-term growth opportunity. The bottom line: After we model in CrowdStrike’s strong […]
Electrovaya Provides a Shareholder Update including Unaudited Preliminary FY2024 Annual Financial Results and Positive Outlook for 2025
Electrovaya Inc. projects an unaudited FY2024 revenue of approximately $45 million with a 31% gross margin, alongside expectations for operating profit and improved adjusted EBITDA. For FY2025, revenue is anticipated to exceed $60 million, driven by renewed demand from major end users. The US EXIM Bank has approved a $51 million direct loan to support […]