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Day: April 1, 2025

Amundi and Victory Capital become strategic partners

Amundi and Victory Capital become strategic partners Amundi and Victory Capital today announce the closing of their previously announced transaction. In line with the agreement announced on 9 July 20241:Amundi US has been combined with Victory Capital which is now managing close to $300bn2 of assets Amundi has become a strategic shareholder of Victory Capital Amundi and Victory Capital have entered into 15-year distribution reciprocal agreements, which are now effective.Under these distribution agreements, Amundi will distribute Victory Capital’s US-manufactured active asset management products outside of the US. Additionally, Amundi will be the supplier of non-US manufactured products for Victory Capital’s distribution in the US. As consideration for the Amundi US business, Amundi received a total of 17.6 million shares at closing,...

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Aura Reports Updated Mineral Reserves And Mineral Resources For The Year-Ended 2024, Highlighting Ongoing Exploration And Strong Growth Trajectory

ROAD TOWN, British Virgin Islands, April 01, 2025 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to report updated Mineral Reserves and Mineral Resources (“MRMR”) for its four operating mines: Aranzazu Mine, Apoena Mines, Minosa Mine and Almas Mine, as well as its development projects including Borborema and Matupá, as reported in the Annual Information Form for the year ended December 31, 2024 (“2024 AIF”). Readers are encouraged to read the 2024 AIF and Technical Reports (as defined herein), which have been filed on SEDAR+ at www.sedarplus.ca. Consolidated MRMR tables are noted below. Between 2023 and 2024, Aura updated its MRMR models to reflect new data and ensure transparency. Updates were driven by exploration drilling, revised geological interpretations,...

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American Hotel Income Properties REIT LP Reports 2024 Results With 5.6% RevPAR Growth, Property Dispositions and Debt Reduction

VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”, or the “Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), today announced its financial results for the three and twelve months ended December 31, 2024. All amounts presented in this news release are in United States dollars (“U.S. dollars”) unless otherwise indicated. 2024 HIGHLIGHTSDiluted FFO per unit (1) and normalized diluted FFO per unit (1) were $0.21 and $0.19, respectively, for the year ended December 31, 2024, compared to $0.48 and $0.36 for the year ended December 31, 2023. ADR (1) increased 2.3% to $134 for the year ended December 31, 2024, compared to $131 for the year ended December 31, 2023. Occupancy (1) was 70.9% for the year ended December 31, 2024, an increase of 220 basis points (“bps”) compared...

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Silynxcom Ltd. Announces Pricing of Public Offering

New York, New York, March 31, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, today announced the pricing of an underwritten public offering of 1,290,000 ordinary shares at a public offering price of $2.25 per share, for gross proceeds of approximately $2.9 million, before deducting underwriting discounts and offering expenses. All of the ordinary shares are being offered by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 193,500 ordinary shares at the public offering price, less discounts and commissions, to cover over-allotments, if any. The offering is expected to close on April 2, 2025, subject...

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Aura Minerals Updates Aranzazu, Almas and Minosa NI 43-101 Technical Reports

ROAD TOWN, British Virgin Islands, March 31, 2025 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce that it has filed updated technical reports (the “Reports”) for its Aranzazu, Almas and Minosa mines. The Reports can be found on the Company’s website at www.auraminerals.com or under the Company’s issuer profile at www.sedarplus.ca. The Reports have been prepared in accordance with the disclosure and reporting requirements set forth in the Canadian Securities Administrators’ National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Companion Policy 43-101CP to NI 43-101 and Form 43-101F1 Technical Report, as well as the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for...

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PyroGenesis Announces Fourth Quarter and Full Year 2024 Results

Quarterly Revenue of $4.22 Million, Up 40% Year-Over-Year.Quarterly Net Income of $145,320.Full Year Revenue of $15.7 Million, Up 27% Year-Over-Year.Backlog of $54.4 Million, with 87% in U.S. Dollars. Revenue Growth Expected to Continue as 2025 Opens with Major Global Energy Transition Clients in Aluminum, Aerospace, and Steelmaking MONTREAL, March 31, 2025 (GLOBE NEWSWIRE) — PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX:PYR) (OTCQX:PYRGF) (FRA:8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, today announces its financial and operating results for the fourth quarter and full year ended December 31, 2024. “On...

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CORRECTION: First National Bank Alaska announces unaudited results for fourth quarter and full year 2024

ANCHORAGE, Alaska, March 31, 2025 (GLOBE NEWSWIRE) — In a release issued under the same headline on February 19, 2025, by First National Bank Alaska (OTCQX:FBAK), please note that in the third paragraph, the value of nonperforming loans as of Dec. 31, 2023 should be $4.6 million, rather than $4.7 million as originally issued. In turn, this resulted in changes to several values in the “Total Interest And Loan Fee Income” and “Total Interest Expense” rows, and the “Nonperforming Loans and OREO” and “Nonperforming Loans and OREO/Tier 1 Capital” rows, of the included financial table. The corrected release follows: First National Bank Alaska announces unaudited results for fourth quarter and full year 2024 First National Bank Alaska’s (OTCQX:FBAK) net income for the fourth quarter of 2024...

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K92 Mining Announces Filing of Amended Technical Reports for Blue Lake Mineral Resource Estimate and Updated Kainantu Gold Mine Definitive Feasibility Study

VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that it has filed amended technical reports (the “Amended Updated DFS Technical Report” and the “Amended Blue Lake Technical Report”) for its Blue Lake Porphyry Deposit (the “Blue Lake Deposit”) and its Kainantu Gold Mine Project (the “Kainantu Project”) in Papua New Guinea, as part of a continuous disclosure review completed by the British Columbia Securities Commission. The Company previously filed the following technical reports:report titled, “Independent Technical Report, Mineral Resource Estimate Blue Lake Porphyry Deposit, Kainantu, Papua New Guinea” September 20, 2022, with an effective date of August 1, 2022, prepared by Simon Tear BSc (Hons), EurGeol, PGeo IGI, and Anthony Woodward...

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Carbon Streaming Announces Financial Results for the Year Ended December 31, 2024

TORONTO, March 31, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the fiscal year ended December 31, 2024. All figures are expressed in United States dollars, unless otherwise indicated. The Company will host a live audio call at 11:00 a.m. ET on Tuesday, April 1, 2025. In addition, the Company is also pleased to announce the appointment of Mr. Sam Wong to the board of directors of the Company (the “Board”) effective April 1, 2025. Carbon Streaming Chief Executive Officer Marin Katusa stated: “In the fourth quarter of 2024, Carbon Streaming focused on its restructuring efforts and evaluating strategic alternatives while taking significant steps to reduce costs and improve financial sustainability. We successfully...

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POET Technologies Reports Fourth Quarter 2024 Financial Results

Continued progress toward a revenue inflection point based on in-place contracts with industry leaders and partners TORONTO, March 31, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2024. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Management Commentary: “In Q4 2024, we strategically positioned our company for accelerated growth by strengthening our financial foundation, advancing...

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