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Day: June 19, 2025

Cygnus raises $18.3m to accelerate resource growth and mining studies

The raising follows outstanding drilling results at the flagship Corner Bay deposit and Golden Eye prospect, which both offer substantial upside TORONTO and PERTH, Australia, June 19, 2025 (GLOBE NEWSWIRE) — HighlightsCygnus has received firm commitments totalling A$18.3m via a share placement to institutional and sophisticated investors The Placement was priced at A$0.086 per share, being an 8.5% discount to the last sale price of A$0.094 The Placement was extremely well-supported with strong demand from existing and new investors, particularly North American investors, resulting in applications being scaled back The Placement will be split into two tranches:Tranche 1 – unconditional tranche to raise approximately A$18.2m; and Tranche 2 – A$0.1m tranche to a director, subject to shareholder approvalFollowing a highly successful...

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Belo Sun Announces Planned Executive Leadership Transition

TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Belo Sun Mining Corp. (“Belo Sun” or the “Company” (TSX: BSX, OTCRB: BSXGF) announces that Ms. Ayesha Hira will step down as Interim President & CEO on July 4, 2025. Ms. Hira will remain in place as the Company makes a planned transition to its new leadership team, which Belo Sun intends to announce in the coming days. Ms. Hira has also decided not to stand for re-election as a director of the Company at the upcoming shareholder meeting. The Board would like to thank Ms. Hira for her dedication and hard work both in her role as the Interim President & CEO and as a member of the Board. Executive Chairman, Mr. Mark Eaton said, “The Company is grateful for Ayesha’s diligence and stewardship over the past 14 months. Under her leadership, the Company has reignited and strengthened...

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Dundee Corporation Announces Voting Results from 2025 Annual Meeting of Shareholders

TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce the voting results from its Annual Meeting of Shareholders (the “Meeting”) which was held earlier today. Shareholders voted in favour of all items of business before the Meeting, as follows: Appointment of Auditor PricewaterhouseCoopers LLP were appointed as Auditor of the Corporation and the directors of the Corporation were authorized to fix the remuneration of the Auditor. Details of the voting results are set out below:  Total Votes % of Votes Cast  Votes in Favour 354,684,508 99.94  Votes Withheld 204,353 0.06  Total Votes Cast 354,888,861 100         Election of Directors The shareholders elected each of the seven nominees listed in the Corporation’s Management Proxy Circular. Details...

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Independent Proxy Advisory Firm ISS Recommends MAG Silver Corp. Shareholders Vote “FOR” the Plan of Arrangement With Pan American Silver Corp.

All amounts expressed in U.S. dollars unless otherwise indicated.VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) is pleased to announce that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has issued a report recommending that MAG shareholders (“Shareholders”) vote FOR the special resolution approving the previously announced plan of arrangement (the “Arrangement”) with Pan American Silver Corp. (the “Purchaser” or “Pan American”) at the Company’s upcoming special meeting of Shareholders (the “Meeting”). Pursuant to the Arrangement, the Purchaser will acquire all of the issued and outstanding shares of the Company (the “MAG Shares”), with Shareholders receiving total consideration of approximately $2.1...

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Northview Residential REIT Announces June Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, June 19, 2025 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its June 2025 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of C$0.091146 per Unit (C$1.09 per Unit on an annualized basis). The distribution will be payable on July 15, 2025 to holders of Units of record at June 30, 2025. About Northview Residential REIT The REIT is a publicly traded real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly acquiring, owning and operating a portfolio of income producing rental properties in secondary markets within Canada. To...

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Aecon schedules second quarter 2025 financial results release and conference call

TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) announced today that it intends to release its second quarter 2025 financial results on Thursday, July 31, 2025 after market close, and has scheduled a live webcast and conference call for 9 a.m. (Eastern Time) on Friday, August 1, 2025. A live webcast of the conference call can be accessed using this link and will be available at www.aecon.com/InvestorCalendar. Participants can also dial-in to the conference call and pre-register using this link. After registering, an email will be sent, including dial-in details and a unique access code required to join the live call. Please ensure you have registered at least 15 minutes prior to the conference call time. An accompanying presentation of the second quarter 2025 financial results will also be available after...

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Volatus Announces $4,000,000 Non-Brokered LIFE Financing

Not for distribution to United States newswire services or for dissemination in the United States.Use of proceeds includes expansion into global markets and expansion of drone system inventory in response to changing regulatory and geopolitical environment, and investment into Arctic and remote operations infrastructure.Policy signals from Canadian Federal Government (June 9, 2025, announcement on defense spending, NATO targets and domestic drone capabilities) and Canada’s Financial Commitment to Ukraine (June 17, 2025, $4.3 billion commitment, including logistics and defense-adjacent technologies) present various growth opportunities for the Company.TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”) is pleased to announce that it has filed...

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Flagship Communities Real Estate Investment Trust Wins the Kentucky Manufactured Housing Institute’s Highest Award for the Fourth Consecutive Year

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that its Derby Hills Pointe community in Alexandria, Kentucky, has been recognized as the 2025 Community of the Year by the Kentucky Manufactured Housing Institute (KMHI). This prestigious award acknowledges Flagship’s ongoing investment in building safe, high-quality, and vibrant residential communities throughout its portfolio. This is the fourth consecutive year Flagship has won KMHI’s Community of the Year award. “We are honored that Derby Hills Pointe has been named Community of the Year,” said Flagship President and CEO Kurt Keeney. “This recognition is a testament to our team’s...

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Coherent Expands Factor Series Diode Pumps with Higher Power, Improved Efficiency, and New Wavelength Options

SAXONBURG, Pa., June 19, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, today announces major enhancements to its FACTOR series of fiber-coupled diode pumps. The upgraded portfolio now offers increased output power, improved efficiency, and a wider locking range for pump modules at 976 nm. In addition, a new high-power pump module at 793 nm has been introduced to support growing demand in medical and industrial laser applications. OEM laser manufacturers can benefit significantly from the FACTOR series, which offers reliable performance through automated, in-house micro-optics assembly that ensures high consistency and reliability. Designed for effortless integration, the system simplifies handling and installation, making it easy to incorporate into existing OEM laser systems. Additionally,...

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Liquidity Services Appoints Paul J. Hennessy to its Board of Directors

BETHESDA, Md., June 19, 2025 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced that Paul J. Hennessy has been appointed to the company’s board of directors (the “Board”) effective October 1, 2025. Mr. Hennessy will also serve on the Corporate Governance and Nominating Committee and the Audit Committee of the Board. “We are thrilled to welcome Paul to our Board of Directors,” said Bill Angrick, Chairman and CEO of Liquidity Services. “Paul’s deep knowledge and extensive experience building technology enabled marketplaces in both business and consumer channels on a global scale will be instrumental as we continue to expand our market presence, enhance our service offerings, and pursue emerging opportunities...

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