Day: September 23, 2025
MONTREAL, Sept. 23, 2025 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has priced an offering of US$1.2 billion aggregate principal amount of senior unsecured notes in two series, consisting of US$600 million aggregate principal amount of 4.700% senior unsecured notes, due October 7, 2030 and US$600 million aggregate principal amount of 5.400% senior unsecured notes, due October 7, 2035 (together, the “Notes”).
The Company expects to use the net proceeds from the offering of the Notes, together with cash on hand or other immediately available funds, to fund the cash portion of the consideration to be paid for the acquisition of Hanesbrands Inc., the refinancing of Hanesbrands’ existing indebtedness and related transaction fees and expenses related to the offering...
FLINT Announces Completion of Recapitalization
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, Sept. 23, 2025 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company“) (TSX: FLNT) is pleased to announce the completion of its recapitalization transaction (the “Recapitalization“), as described in the Company’s management information circular dated August 20, 2025. The Recapitalization was implemented pursuant to a court-approved plan of arrangement (“Plan of Arrangement“) under the Business Corporations Act (Alberta) (the “ABCA“).
Pursuant to the Recapitalization, the common shares in the capital of the Company (the “Common Shares“) were consolidated (the “Consolidation“) at a ratio of one post-consolidation Common Share for every 40 pre-consolidation Common Shares. Immediately following the Consolidation, (i) all of...
Hudbay Comments on Peru Social Unrest
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TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) today comments on ongoing social unrest in Peru. After a period of heightened social pressures over the past few months, the situation has escalated over the weekend with riots in Lima and several protests across the country. Along with other mines in the southern mining corridor, Hudbay’s Constancia mine has been impacted by local protests and illegal blockades.
The safety of all personnel is the Company’s top priority, and Hudbay has taken precautions intended to ensure their safety, including a temporary demobilization of the non-essential workforce. While the Constancia mill continued to operate over the weekend, in light of the recent demonstrations near Constancia, the mill has been temporarily shut down as a safety...
Timbercreek Financial Declares September 2025 Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on October 15, 2025 to holders of Common Shares of record on September 29, 2025.
The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.
Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price...
Avidian Gold Corp. Files Early Warning Report in Respect of High Tide Resources Corp.
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TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) — Avidian Gold Corp. (“Avidian” or the “Corporation”) (TSX-V: AVG) today announces that it has closed the first tranche of a share purchase agreement dated September 16, 2025 (the “Agreement”) with an arm’s length purchaser pursuant to which it sold 4,700,000 common shares (the “First Tranche Shares”) of High Tide Resources Corp. (“High Tide”) at a price of $0.04 per First Tranche Share (the “Sale Price”). Pursuant to the Agreement, the Corporation has agreed to sell an additional 2,300,000 common shares of High Tide (the “Second Tranche Shares”, and together with the First Tranche Shares, the “Subject Shares”, and the common shares in the capital of High Tide, the “High Tide Shares”) at the Sale Price. The issuance of the Second Tranche Shares is expected to close on or around October 8,...
Lifecore Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
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CHASKA, Minn., Sept. 23, 2025 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”) a fully integrated contract development and manufacturing organization (“CDMO”), today announced that on September 22, 2025, the Lifecore compensation committee approved the grant under Lifecore’s Equity Inducement Plan, as amended (the “Inducement Plan”) of a restricted stock unit (“RSU”) award with respect to 15,000 shares of its common stock and stock options for 30,000 shares of common stock to a newly hired employee of Lifecore. The RSU award and stock options were granted on September 22, 2025, pursuant to the offer letter between Lifecore and the employee, and as a material inducement to the employee joining Lifecore.
The RSU award and stock options were approved by Lifecore’s compensation committee and were granted as...
Biogen Provides Regulatory Update on High Dose Regimen of Nusinersen
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CAMBRIDGE, Mass., Sept. 23, 2025 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) today announced that the U.S. Food and Drug Administration (FDA) issued a Complete Response Letter (CRL) for the Company’s supplemental New Drug Application (sNDA) for the high dose regimen of nusinersen for the treatment of spinal muscular atrophy (SMA). The FDA letter requested an update to the technical information be included in the Chemistry Manufacturing and Controls (CMC) module of the sNDA.
The letter did not cite any deficiencies in the clinical data of the high dose regimen. The FDA provided options for resolution, and Biogen is planning to resubmit the application promptly based upon readily available information.
“While this outcome was unexpected, we remain committed to bringing the high dose regimen to people living with SMA,” said Priya...
MDWerks’ Two Trees Beverage Subsidiary Awarded Gold Medal at the 2025 New York World Spirits Competition
Written by Customer Service on . Posted in Public Companies.
GREEN COVE SPRINGS, Fla., Sept. 23, 2025 (GLOBE NEWSWIRE) — MDWerks, Inc. (“MDWerks” or the “Company”) (OTCQB: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today announced that its award-winning subsidiary, Two Trees Beverage Company (“Two Trees”), received a Gold Medal at the 2025 New York World Spirits Competition for its Land of the Sky straight bourbon whiskey, which debuted earlier this year as the inaugural product in Two Trees’ Uplifting Spirits series. Two Trees donates a percentage of sales from Land of the Sky to Hurricane Helene relief efforts.
The prestigious New York World Spirits Competition recognizes only those spirits that meet the highest quality standards based on blind evaluations performed by world-class judges, ensuring impartial and rigorous assessment. The...
Weatherford Awarded Eight-Year Real-Time Digital Wellsite Monitoring Contract by Romgaz
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HOUSTON, Sept. 23, 2025 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that it has been awarded an eight-year contract by SNGN Romgaz S.A., the largest natural gas producer and main supplier in Romania and the third largest gas producer in Europe, to deliver services for real-time monitoring and transmission of dynamic parameters from the wellheads of gas wells, improving production optimization through digital and AI-enabled insights.
This award marks the first time Romgaz has sought such services, reflecting its commitment to advancing digital transformation and production automation. Under the agreement, Weatherford will partner with Romgaz to implement a wellsite monitoring campaign across thousands of existing wells. Leveraging cloud infrastructure, Weatherford...
Natural Alternatives International, Inc. Announces Fiscal 2025 Q4 and YTD Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
CARLSBAD, Calif., Sept. 23, 2025 (GLOBE NEWSWIRE) — Natural Alternatives International, Inc. (“NAI”) (Nasdaq: NAII), a leading formulator, manufacturer, and marketer of customized nutritional supplements, today announced a net loss of $7.2 million, or ($1.20) per diluted share, on net sales of $33.9 million for the fourth quarter of fiscal year 2025 compared to a net loss of $1.9 million, or ($0.32) per diluted share, in the fourth quarter of the prior fiscal year. Our net loss for the fourth quarter of fiscal 2025 included non-recurring non-cash charges of $1.4 million related to the settlement of a litigation matter and a $4.8 million valuation allowance against our net deferred tax assets. Excluding these charges, our net loss for the fourth quarter of fiscal 2025 would have been $1.0 million.
Net sales during the...
