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2025-12-02 12:21 29d ago
2025-12-02 07:07 29d ago
PowerBank Announces Safe Harbor of 15 Distributed Solar and Energy Storage Projects in New York State stocknewsapi
SUUN
US$168 Million Construction Value of Projects

US$65 Million Estimated Value of Potential Tax Credits

Projects to Power Equivalent of 7,500 Homes

Community Solar and Energy Storage Projects Remain Eligible for 30% Investment Tax Credit and Potential Bonus Adders

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025

, /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to announce  the execution of equipment procurement agreements for 15 late-stage distributed solar and energy storage projects (the "Projects") across New York state through wholly owned subsidiaries. The projects are expected to bring approximately 67 MW DC of solar and 11 MWh of energy storage to the State. This procurement is expected to enable the Projects to remain eligible for United States federal Investment Tax Credits for energy projects under the One Big Beautiful Bill Act of 2025. Physical work on the procured equipment is expected to safe harbor the Projects by December 31, 2025. The Projects will have met the IRS Physical Work Test prior to the July 4, 2026 deadline under the United States One Big Beautiful Bill Act.

The value of the Investment Tax Credits associated with the Projects being harbored safely through this procurement is estimated at US$65 million, while the total construction value of the portfolio is estimated at US$168 million. 

PowerBank Corporation has the option to continue as the owner on some or all of the Projects under its expanding portfolio as an Independent Power Producer and intends on delivering the full EPC scope for the Projects whether it retains ownership or not.

The Company has leveraged its strong relationships with Tier 1 suppliers to secure the major equipment order of transformers necessary for the Projects. Subject to the receipt of permits and financing, commercial operation of the 15 projects is expected to occur over the next several years.

Investment Tax Credits have been available for solar projects since 2006, providing a 30% tax credit for commercial solar installations that meet specific requirements, with opportunities for ITC bonus adders. The One Big Beautiful Bill Act, signed into law on July 4, 2025, specifies that the Section 48E Investment Tax Credit for solar facilities will be phased out, and projects which have begun construction on or before July 4, 2026, will remain eligible for the tax credits.

PowerBank's proven expertise, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, underpins the execution of the Projects. Strategic partnerships and institutional-grade development capabilities position PowerBank to deliver reliable, high-impact renewable energy solutions.

The Projects advance New York's path to 10 GW of distributed solar and 6GW of energy storage by 2030. The State leads the United States in community solar capacity, having achieved the New York State Climate Act 6 GW solar goal in the fall of 2024.

There are several risks associated with the development of the Projects. The development of any project is subject to receipt of a community solar contract, receipt of interconnection approval, receipt of required permits, the availability of third-party financing arrangements for the Company and the risks associated with the construction of a solar power project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in the Projects receiving less tax credits than estimated and no longer being economic. Please refer to "Forward-Looking Statements" for additional discussion of the assumptions and risk factors associated with the Projects and statements made in this press release.

About PowerBank Corporation

PowerBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about PowerBank, please visit www.powerbankcorp.com.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements and forward-looking information ‎within the meaning of Canadian securities legislation (collectively, "forward-looking ‎statements") that relate to the Company's current expectations and views of future events. ‎Any statements that express, or involve discussions as to, expectations, beliefs, plans, ‎objectives, assumptions or future events or performance (often, but not always, through the ‎use of words or phrases such as "will likely result", "are expected to", "expects", "will ‎continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", ‎‎"projection", "strategy", "objective" and "outlook") are not historical facts and may be ‎forward-looking statements and may involve estimates, assumptions and uncertainties ‎which could cause actual results or outcomes to differ materially from those expressed in ‎such forward-looking statements. In particular and without limitation, this news release ‎contains forward-looking statements pertaining to the Company's expectations regarding its industry trends and overall market growth; the Company's growth strategies the expected energy production from the solar power projects mentioned in this press release; the expected construction value of the Projects; the expected value of United States Investment Tax Credits; that the Projects will achieve safe harbor and remain eligible for the United States Investment Tax Credits, the expected savings for local residents; the receipt of interconnection approval, permits and financing to be able to construct the Projects; the receipt of incentives for the Projects; and the size of the Company's development pipeline. No assurance ‎can be given that these expectations will prove to be correct and such forward-looking ‎statements included in this news release should not be unduly relied upon. These ‎statements speak only as of the date of this news release.‎

Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company's ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; that the procurement of transformers is sufficient to safe harbor the Projects in order for the Projects to remain eligible for the United States Investment Tax Credits; the Company's ability to attract and retain skilled staff; market competition; the products and services offered by the Company's competitors; that the Company's current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements.

Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under "Forward-‎Looking Statements" and "Risk ‎Factors" in the Company's most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company's growth strategy depends upon the continued availability of third-party financing arrangements; that the procurement of transformers is determined to not be sufficient to safe harbor the Projects in order for the Projects to remain eligible for the United States Investment Tax Credits; the Company's future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company's project development and construction activities may not be successful; developing and operating solar Project exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements ("PPAs") and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company's effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company's results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company's insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings.

The Company undertakes no obligation to update or revise any ‎forward-looking statements, whether as a result of new information, future events or ‎otherwise, except as may be required by law. New factors emerge from time to time, and it ‎is not possible for the Company to predict all of them, or assess the impact of each such ‎factor or the extent to which any factor, or combination of factors, may cause results to ‎differ materially from those contained in any forward-looking statement. Any forward-‎looking statements contained in this news release are expressly qualified in their entirety by ‎this cautionary statement.‎

SOURCE PowerBank Corporation
2025-12-02 12:21 29d ago
2025-12-02 07:07 29d ago
‘The card served its purpose': It's time to cancel our Chase Disney Visa credit card. What's our next card for middle age? stocknewsapi
DIS V
“We'd like to move on to another credit card for the benefits.”
2025-12-02 12:21 29d ago
2025-12-02 07:09 29d ago
Nkarta to Participate in Evercore Healthcare Conference stocknewsapi
NKTX
December 02, 2025 07:09 ET

 | Source:

Nkarta, Inc.

SOUTH SAN FRANCISCO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Nkarta, Inc. (Nasdaq: NKTX), a clinical-stage biopharmaceutical company developing engineered natural killer (NK) cell therapies to treat autoimmune diseases, today announced its participation in the Evercore 8th Annual Healthcare Conference on Thursday in Miami.

Evercore 8th Annual Healthcare Conference
December 4, 2025
10:50 a.m. ET – fireside chat

A simultaneous webcast of the event will be available on the Investors section of Nkarta’s website, and a replay will be archived on the website for approximately 90 days.

About Nkarta
Nkarta is a clinical-stage biotechnology company advancing the development of allogeneic, off-the-shelf natural killer (NK) cell therapies for autoimmune diseases. By combining its cell expansion and cryopreservation platform with proprietary cell engineering technologies, Nkarta is building a pipeline of future cell therapies engineered for deep therapeutic activity and intended for broad access in the outpatient treatment setting. For more information, please visit the company’s website at www.nkartatx.com.

Nkarta Media/Investor Contact:
Nadir Mahmood
Nkarta, Inc.
[email protected]
2025-12-02 12:21 29d ago
2025-12-02 07:10 29d ago
Tesla Stock: Priced For Sci-Fi, Still Selling Cars stocknewsapi
TSLA
CHONGQING, CHINA NOVEMBER 30: A pedestrian walks past a Tesla showroom displaying one of the brand's electric vehicles on November 30, 2025, in Chongqing, China. Tesla continues to strengthen its sales network and service presence in China as competition in the country's rapidly growing electric-vehicle market remains intense. (Photo by Cheng Xin/Getty Images)

Getty Images

Tesla (NASDAQ:TSLA) finds itself at a sensitive juncture as 2025 comes to an end. On one hand, its stock price indicates a company on the edge of achieving general artificial intelligence, trading at an enormous premium that exceeds the valuation of the entire global automotive sector combined. Conversely, its principal business—selling electric vehicles—is struggling. Data from October reveals a company ensnared in a challenging transition. While Wall Street values Tesla for a future filled with robotaxis, consumers are progressively shunning its outdated vehicle models. Separately, Nvidia’s Real Risk: Hardware That Ages Too Fast?

Regardless of the trajectory of TSLA stock, your investment portfolio should remain on course. Discover how the High Quality Portfolio can assist you in achieving that.

Automotive Reality Check

The most pressing challenges are coming from the automotive division, which still represents the bulk of Tesla’s revenue.

The Tax Credit Hangover: The end of the U.S. federal EV tax credit on September 30, 2025, has acted as a significant hindrance to EV demand. According to Cox Automotive, EV sales in the U.S. decreased by approximately 30% year-over-year in October. The “pull-forward” effect in Q3 resulted in buyers hurrying to capture $7,500 incentives, creating a demand vacuum in Q4. Absent these subsidies, Tesla must compete on price against a rejuvenated hybrid market and traditional automakers who are heavily discounting.European Collapse: The situation across the ocean is even worse. In October, Tesla registrations in Europe plummeted by 48.5%. European consumers are gravitating towards newer, more affordable alternatives from Chinese manufacturers like BYD and SAIC. Tesla’s Model Y and Model 3—initially launched in 2017 and 2020, respectively—are beginning to show their age.Margin Compression: Once renowned within the industry for exceeding 25%, automotive gross margins have reduced to around 16% to 18%. This brings Tesla dangerously close to the profitability margins of mass-market rivals like Ford (13% gross margin in Q3), yet its stock is valued as though it were a high-margin software monopoly. The catch is that each percentage point of margin lost could directly endanger the substantial free cash flow that finances Tesla’s aspirations in AI and autonomy. The Valuation Disconnect

In spite of these automotive difficulties, Tesla continues to be traded at a Price-to-Earnings (P/E) ratio of approximately 260x projected 2025 earnings. By comparison, traditional automakers currently trade at approximately 7x to 12x earnings. This substantial discrepancy stems from the “AI Premium.” Investors are likely overlooking the automobile business, instead betting that Elon Musk will fulfill promises of autonomous transportation and humanoid robotics, viewing Tesla as a representation of physical AI. Thus, Can A $30K Robot Save Tesla And Make Musk A Trillionaire?

Nonetheless, the “proof points” for this AI future are diminishing:

Robotaxi Reality vs. Rhetoric: Though the company pledged thousands of autonomous vehicles by the conclusion of the year, reports from Austin indicate a test fleet of only 30 to 60 vehicles. The “unsupervised” FSD (Full Self-Driving) aspiration remains ensnared in a “supervised” reality, hindered by regulatory obstacles and safety data that have yet to satisfy NHTSA criteria.FSD Licensing: A crucial aspect of the bullish argument was that traditional automakers would eventually license Tesla’s FSD software, establishing it as the “Windows” of driving. No progress has occurred on this matter. Main competitors seem more inclined to partner with Waymo or develop in-house solutions, dismissing Musk’s attempts due to liability issues and integration challenges.Optimus Delays: The humanoid robot, Optimus, was expected to begin limited production runs this year. Instead, we are witnessing “hundreds” of experimental units rather than the revenue-producing thousands that were anticipated. It remains a concept, not a commercial venture. Experts suggest that developing a general-purpose humanoid robot is much more challenging than Tesla’s timelines suggest. See How the $10 trillion AI bubble popsThe Sole Silver Lining: Energy

If there is a pathway to the future, it lies in Tesla Energy. This division is the only segment of the “Plan” that is undeniably succeeding. Revenue from energy generation and storage skyrocketed by nearly 44% in Q3, driven by overwhelming demand for Megapacks batteries to support AI data centers and stabilize the grid. This sector is now also achieving higher gross margins compared to the automotive division. However, despite this increase, energy cannot sufficiently justify a trillion-dollar valuation—nor can it fully offset the billions in cash that a shrinking automotive margin structure is consuming.

Tesla’s Valuation Premium Encounters Cash-Flow Realities

Tesla in late 2025 is a company essentially “treading water” with its vehicle sales while racing towards an AI future that is taking longer to realize than expected. The market may be willing to overlook the dwindling auto sales and declining margins for the time being, but that forbearance depends on imminent breakthroughs in autonomy. The real threat lies in the cash-flow stranglehold. The stock is valued for perfection (trading at over 260x earnings), yet the automotive cash engine is quickly losing strength. Free cash flow has already fallen from $8.5 billion in 2022 to $4.4 billion in 2023 and around $3.6 billion in 2024. If the “Tax Credit Hangover” evolves into an extended automotive recession and necessitates continuous price reductions, free cash flow could be suffocated, starving the AI initiatives upon which Tesla's valuation relies.

The Trefis High Quality (HQ) Portfolio, comprising a selection of 30 stocks, has a history of comfortably outperforming its benchmark, which includes all three – the S&P 500, S&P mid-cap, and Russell 2000 indices. What accounts for this? As a collective, HQ Portfolio stocks yield better returns with lower risk compared to the benchmark index; offering a steadier ride, as demonstrated in HQ Portfolio performance metrics.
2025-12-02 12:21 29d ago
2025-12-02 07:11 29d ago
Get Ahead in 2026: Natural Grocers® Shares Key Trends for Living Well stocknewsapi
NGVC
Powered by real conversations, real stores and real nutrition experts—not algorithms

, /PRNewswire/ -- Natural Grocers®, America's Nutrition Education ExpertsSM and the nation's largest family-operated organic and natural grocery retailer, has unveiled its highly anticipated Top Trends for 2026. Now in its tenth year, the forecast highlights emerging practices and products set to shape four key categories: Health and Wellness, Body Care and Beauty, Food and Beverage, and Ecologically Thoughtful.

A glimpse at 2026’s top trends from Natural Grocers—health, beauty, food, and sustainability come together.

Guided by insights from the company's expert Nutrition Education team—which includes Registered Dietitians, Nutrition Therapists and Certified Natural Foods Chefs—and the company's trend-savvy marketing and analytics professionals, this year's predictions blend research, consumer insights and hands-on expertise. The result is a practical, inspiring roadmap to help consumers thrive in 2026 through healthier, more mindful and ecologically friendly choices.

"At Natural Grocers, we're passionate about helping people make choices that truly support their health and the planet," said Raquel Isely, vice president of marketing at Natural Grocers. "In 2026, we'll see a focus on personalization, smarter supplementation, nutrient dense, yet budget-friendly foods, simple self-care hacks and ecologically thoughtful products and practices. Though these may be new ideas, they're also trusted ways to feel good, live well and thrive all year long. We hope our customers will explore these trends and enjoy the products that accompany them for a healthier, more vibrant year ahead."

NATURAL GROCERS' TOP TRENDS FOR 2026
Natural Grocers' Top Trends for 2026 are organized into four key categories: Health and Wellness, Body Care and Beauty, Food and Beverage and Ecologically Thoughtful, encompassing a total of twelve trends. The expert team has included its annual "Try This Trend" feature, offering ideas and products for those eager to dive in. For the fourth year in a row, Natural Grocers has added a Bonus Trend, highlighting a valued focus beyond the four main categories.

Health and Wellness Trends

We'll choose personalized guidance from real nutrition experts over apps and AI
Creatine will power more than just our workouts
Optimizing health becomes easy with five foundational supplements
Body Care and Beauty Trends

We'll relax and refresh on repeat with magnesium-based body care
Vitamin E and jojoba oil are the dynamic duo for skin barrier health
Everyday self-care becomes a necessary sensory escape
Food and Beverage Trends

Organic is the gold standard for food quality
We'll eat quality carbs from veggies for our healthspan and happiness
Eating on a budget, but we'll make it healthy and delicious
Ecologically Thoughtful Trends

We'll clean up our personal plumes for our health and the planet
The environmental and cognitive costs of AI become a clear and present danger
Organic and regenerative Ag will be one of our best defenses against climate change
**Bonus Trend**
Embracing cultural diversity is good4uSM

Natural Grocers will highlight these trends online and across social media platforms through January. The trends will also be featured in the January edition of Natural Grocers' good4u Health Hotline® magazine, available in both online and print formats.

Click here for Natural Grocers' Top Trends 2026 Media Kit.
To learn more about Natural Grocers and to find a store near you, visit naturalgrocers.com.
For media samples or press requests, please contact [email protected].
ABOUT NATURAL GROCERS BY VITAMIN COTTAGE
Founded in 1955, Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The grocery products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial flavors, preservatives or sweeteners (as defined by its standards), synthetic colors or partially hydrogenated or hydrogenated oils. The Company sells only USDA-certified organic produce and exclusively pasture-raised, non-confinement dairy products and free-range eggs. Natural Grocers' flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean and convenient retail environment. The Company also provides extensive free science-based Nutrition Education programs to help customers and Crew make informed health and nutrition choices. Natural Grocers is committed to its Five Founding Principles—including its "Commitment to Community" and "Commitment to Crew." In fiscal year 2025, the Company invested more than $16 million in incremental compensation and discretionary payments for Crew. Headquartered in Lakewood, CO, Natural Grocers has 168 stores in 21 states. Visit naturalgrocers.com for more information and store locations.

SOURCE Natural Grocers by Vitamin Cottage, Inc.
2025-12-02 12:21 29d ago
2025-12-02 07:11 29d ago
Gilat Receives Approximately $10 Million Order for Direct Downlink Earth Observation Solution stocknewsapi
GILT
PETAH TIKVA, Israel, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that Gilat DataPath has been selected to deliver a customized Earth Observation Solution. The order, valued at approximately $10 million, will be delivered within the next 12 months. This award reflects the continued expansion of Gilat Defense’s portfolio of specialized capabilities beyond satellite communications and into the earth observation and geospatial insights domain.

The tailored solution leverages satellites equipped with various sensors to provide real-time data for intelligence, surveillance, reconnaissance, and situational awareness. The capability will deliver a first-to-market, transportable direct downlink terminal to enable secure, timely and trusted delivery of earth observation insights in remote locations.

“Nations today rely on resilient, mission-tailored insights and intelligence as they seek to understand the security environment, humanitarian assistance and first responder efforts,” said Nicole Robinson, President of Gilat DataPath. “This award underscores confidence in our ability to deliver customized Earth observation capabilities based upon our time tested and trusted SATCOM terminal solutions that enhance operational performance. We are proud to support our customer’s mission and continue broadening our offerings.”

About Gilat

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Together with our wholly owned subsidiaries Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and ESAs, highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:

Gilat Satellite Networks

[email protected]

Alliance Advisors:

[email protected]
Phone: +1 212 838 3777
2025-12-02 12:21 29d ago
2025-12-02 07:15 29d ago
SNPG: A New ETF Perfect For Retirees - S&P 500 Exposure, Growth, And Outperformance Potential stocknewsapi
IVV SNPG SPLG SPXL SPY SSO UPRO VOO
HomeETFs and Funds AnalysisETF Analysis

SummaryXtrackers S&P 500 Growth Scored & Screened ETF offers a differentiated, growth-focused alternative to traditional S&P 500 index funds.SNPG has outperformed VOO and SPY since inception, driven by higher technology sector exposure and a concentrated portfolio of 128 holdings.Despite its higher expense ratio and smaller size, SNPG's strong NAV growth and quarterly distributions make it attractive for long-term investors, especially in tax-advantaged accounts.While SNPG carries a higher risk due to sector concentration and a short track record, it provides a compelling blend of S&P exposure and growth potential.Black Friday Sale 2025: Get 20% Off AlexSecret/iStock via Getty Images

Introduction In recent years I've become more accustomed to owning ETFs as part of a diversified portfolio. When I started my investing journey, I was adamant about only holding individual stocks.

This is because I viewed ETFs as laggards, as they

Analyst’s Disclosure:I/we have a beneficial long position in the shares of SCHG, V either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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2025-12-02 12:21 29d ago
2025-12-02 07:15 29d ago
The Estée Lauder Companies and Jo Malone London Introduce AI-Powered Scent Advisor Experience stocknewsapi
EL
NEW YORK--(BUSINESS WIRE)--The Estée Lauder Companies Inc. (NYSE: EL) and Jo Malone London today announced the launch of the Jo Malone London Scent Advisor, an innovative, AI-powered digital experience designed to help customers discover their perfect fragrance through an intuitive, conversational journey, bridging the gap between curiosity and confidence in online fragrance discovery. Online fragrance shopping often lacks the sensory cues of in-store experiences, making it difficult for consum.
2025-12-02 12:21 29d ago
2025-12-02 07:15 29d ago
Following the Appointment of Sav Persico as Chief Operating Officer, Token Cat Limited Board Approves $1 Billion Crypto Asset Investment Policy stocknewsapi
TC
, /PRNewswire/ -- Token Cat Limited (Nasdaq: TC, the "Company") today announced that its Board of Directors has formally approved a Crypto Asset Investment Policy (the "Policy"), authorizing the Company to allocate a portion of its cash reserves into selected crypto assets under a disciplined risk-management framework.

After careful evaluation, the Company decided to proceed with this Policy. Earlier, it appointed Sav Persico, with thirty years of crypto and blockchain experience, as Chief Operating Officer to lead its implementation.

Guangsheng Liu, Chief Executive Officer of Token Cat Limited, stated:"The Policy is an important step in strengthening our asset strategy. Sav's deep expertise in crypto and blockchain will help us execute this long-term plan with strong discipline and effective leadership."

Core Framework of the Policy:
1. Defined investment authorization and capital ceiling
The Board has approved an overall allocation limit of up to USD 1 billion for digital asset planning. Deployment will proceed in phases based on market conditions, risk assessments and capital management needs.

2. Selective asset allocation
The initial allocation will focus on emerging crypto project tokens with strong growth prospects, including assets related to AI, RAW-to-chain initiatives, and token-equity hybrid models. Any future expansion into additional asset categories will require reassessment and approval by the Board's Risk Committee.

3. Highest-Tier Custody Standards: The Company will not self-custody acquired crypto assets.

4. Enhanced governance and oversight structure
The Company has formed a Crypto Asset Risk Committee, led by the CFO, to oversee asset allocation, manage risk controls, and report regularly to the Board.

Sav Persico commented:
It is an honor to take on this responsibility at such a pivotal time. The Company treats crypto assets as long-term value reserves, not speculative tools, aiming to enhance resilience amid macroeconomic uncertainty. I look forward to advancing our crypto asset strategy and strengthening industry collaboration to support sustainable, long-term growth.

Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Additional factors are described in the Company's filings with the SEC. The Company undertakes no obligation to update these statements except as required by law.

SOURCE Token Cat Limited
2025-12-02 12:21 29d ago
2025-12-02 07:15 29d ago
New Strong Buy Stocks for December 2nd stocknewsapi
BVN CGAU JBSS KSS MTLS
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: 

Kohl's Corporation (KSS - Free Report) : This omnichannel retail company has seen the Zacks Consensus Estimate for its current year earnings increasing 71.2% over the last 60 days. 

Materialise NV (MTLS - Free Report) : This 3D printing and medical software solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

Centerra Gold Inc. (CGAU - Free Report) : This gold and copper mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 29.3% over the last 60 days.

Compania de Minas Buenaventura S.A.A. (BVN - Free Report) : This polymetallic mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

John B. Sanfilippo & Son, Inc. (JBSS - Free Report) : This tree-nut and peanut processing company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

You can see???the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-12-02 12:21 29d ago
2025-12-02 07:15 29d ago
BellRing Brands: Business Transitions Into A More Mature Growth-Phase Company stocknewsapi
BRBR
BellRing Brands remains rated Hold due to margin pressure and a downgraded long-term growth outlook. Q4 2025 saw strong sales and consumption growth, especially for Premier Protein, but gross margins contracted sharply. A major mass retailer partnership could boost trial and repeat rates, yet margin headwinds and cost pressures persist for BRBR.
2025-12-02 12:21 29d ago
2025-12-02 07:15 29d ago
Persimmon and Taylor Wimpey upgraded in housebuilder reshuffle stocknewsapi
PSMMF PSMMY TWODF TWODY
RBC Capital Markets has reshuffled its deck of housebuilder convictions, declaring Persimmon PLC (LSE:PSN), TTaylor Wimpey PLC (LSE:TW.) and Crest Nicholson PLC (LSE:CRST) the winners in waiting while sending Berkeley Group Holdings PLC (LSE:BKG) and Barratt Redrow PLC (LSE:BTRW) to the naughty step.

The broker has decided 2026 belongs to self-help and strategic land, a polite way of saying good luck out there.

Persimmon and Taylor Wimpey are both bumped up to 'outperform', with price targets of 1,750p and 150p respectively.

Crest keeps its 'outperform' badge, although with a trimmed target.

Berkeley, by contrast, is demoted to 'underperform', collateral damage of the Budget’s mansion tax theatrics.

Barratt Redrow is pushed down to 'sector perform' amid the ongoing teething issues of its Redrow acquisition. Bellway, Gleeson and Vistry remain where the broker left them.

This outbreak of analyst decisiveness sits atop an industry still barely moving. Planning approvals are running at their lowest level in two decades, a feat even by British administrative standards.

RBC’s charts show a parade of downward slopes: site numbers, reservation rates, pricing momentum, all declining with the enthusiasm of a wet Bank Holiday queue.

Housebuilders, the report notes with admirable culinary commitment, are still chewing through limp lettuce landbanks, the result of build costs rising just as post mini Budget house prices stalled. Profitability, accordingly, is on a long march back to normality.

There are, allegedly, greenshoots. Appeals data is improving, housing starts have ticked up and planning applications may have troughed.

If history repeats, the revised National Planning Policy Framework might even begin working by late 2026, roughly 18 months after politicians declared it fixed.

Until then, the sector remains trapped between government exhortation to build more homes and local authorities’ apparent preference to do anything else.

The Budget offered no rescue. Between the mansion tax, higher property income levies and anaemic infrastructure progress, the environment looks calibrated to irritate landlords, slow transaction volumes and generally ensure housebuilders have something fresh to complain about at every results season.

RBC’s verdict is simple: land strategy will decide who climbs out of the mire first and who remains stuck rearranging the lettuce.
2025-12-02 12:21 29d ago
2025-12-02 07:16 29d ago
Tudor Gold Announces $10 Million Brokered LIFE Offering stocknewsapi
TDRRF
December 02, 2025 7:16 AM EST | Source: Tudor Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor Gold") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents, including Roth Canada, Inc. (together, the "Agents"), in connection with a brokered, best-efforts listed issuer financing exemption private placement offering (the "Offering") of units of the Company (the "Units") for aggregate gross proceeds to the Company of up to $10,000,000.

Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $1.20 per Common Share for a period of 24 months following the closing of the Offering.

The Company will grant the Agents an option (the "Agents' Option") to increase the size by up to an additional 15% of the number of Units sold in the Offering, by giving written notice of the exercise of the Agents' Option, or a part thereof, to the Company at any time up to two (2) business days prior to closing of the Offering.

The net proceeds from the Offering will be used for working capital and general corporate purposes.

The Units will be offered for sale pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (collectively, the "Listed Issuer Financing Exemption"), in all provinces of Canada, except Quebec, and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately "free-trading" upon closing of the Offering under applicable Canadian securities laws.

There is an offering document (the "Offering Document") related to this Offering that can be accessed under the Company's profile at www.sedarplus.ca and at the Company's website at www.tudor-gold.com. Prospective investors should read this Offering Document before making an investment decision.

The closing of the Offering is expected to occur on or about the week of December 15, 2025 (the "Closing"), or on such date as the Agents and Company may agree upon. Closing is subject to the Company receiving all necessary regulatory approvals, including the conditional approval of the TSX Venture Exchange.

The Agents will receive a cash commission of 6.0% of the aggregate gross proceeds of the Offering and such number of broker warrants (the "Broker Warrants") as is equal to 6.0% of the number of Units sold under the Offering (in each case, subject to reduction for certain subscribers on a president's list of purchasers identified by the Company). Each Broker Warrant entitles the holder to purchase one Common Share at an exercise price equal to $1.20 for a period of 24 months following the Closing.

This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.

About Tudor Gold

Tudor Gold Corp. is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek Project (in which Tudor Gold has an 80% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack Mine property to the southeast.

For further information, please visit the Company's website at www.tudor-gold.com or contact:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward‐looking statements or information relate to, among other things: receipt of all approvals related to the Offering; the closing of the Offering; and the intended use of proceeds from the Offering.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: the conditions to closing of the Offering may not be satisfied, management's broad discretion regarding the use of proceeds of the Offering, the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; and the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276615
2025-12-02 12:21 29d ago
2025-12-02 07:18 29d ago
CTW Launches Crayon Shinchan: My Sugoroku Great Strategy Video Game Based on Popular Crayon Shinchan Anime Franchise stocknewsapi
CTW
TOKYO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, today announced that its subsidiary CTW Inc. has officially launched Crayon Shinchan: My Sugoroku Great Strategy, a video game based on the classic traditional Japanese sugoroku board game and the main characters from the popular Japanese manga Crayon Shinchan. Players can immediately enjoy the game on any mobile, PC, or tablet device at G123.jp, which offers free browser games without the need to register or download any game-specific app.

Crayon Shinchan: My Sugoroku Great Strategy follows the mischievous main character Shinchan and his friends at Futaba Kindergarten who have decided to make their own sugoroku game with their own creative ideas. The game mechanics are very similar to a classic sugoroku game, where rolls of the dice allow player progression in the game. Players must collect “Action Coins” that can be used to enhance the buildings within each stage, a necessary step in order to clear each stage and progress. Challenge mini-games, such as those based on memory games or pinball, and surprise events that activate unpredictable and silly pranks can also occur on each tile that a player lands on while progressing through the game. A big part of the game’s charm is its rich and diverse collection feature that allows players to collect “Cosplay Costumes,” “Emotes,” and “Collection Cards,” all of which can be obtained for free.

“Crayon Shinchan: My Sugoroku Great Strategy will bring the colorful main character Shinchan and his supporting cast to life as they navigate the world of sugoroku,” said Ryuichi Sasaki, Founder, CEO, and Chairman of CTW. “Having delighted fans both in anime print and in TV for over 30 years, Shinchan’s silly humor and antics can now be embraced by gamers across the world. This launch brings the number of games available on our G123 platform to 30 and continues to demonstrate our ability to secure valuable IP and work with the best third-party game developers in repeatable fashion to build a sustainably profitable business model.”

About Crayon Shinchan

Crayon Shinchan is a well-known Japanese comedy series featuring a mischievous five-year-old named Shinchan. The series humorously depicts the adventures of Shinchan, his family, friends, and teachers in a slice-of-life format full of gags and heartwarming moments.

About CTW Cayman

CTW is a leading game platform company providing global access to web-based, free-to-play games inspired by popular Japanese animations, including So I’m a Spider, So What? Ruler of the Labyrinth, Arifureta: From Commonplace to World’s Strongest – Rebellion Soul, and Queen’s Blade Limit Break. CTW delivers these games through its globally-accessible flagship HTML5 platform, G123.jp. According to a Frost & Sullivan Report, CTW was the largest anime IP-based H5 game platform in the world in 2023 in terms of gross billings.

For more information, visit www.ctw.inc or G123.jp.

Forward Looking Statements

This announcement contains forward-looking statements within the meaning of Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. CTW may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about CTW’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: CTW’s growth strategies; its future business development, results of operations and financial condition; its ability to distribute successful and engaging games with high “playability” on its platform; its ability to efficiently attract and retain end-users who come to play and make in-game purchases; its ability to achieve positive return on investment on user acquisition efforts; its ability to establish and maintain relationships with game developers; governmental policies and regulations relating to CTW’s industry; and general economic and business conditions globally and in Japan and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in CTW’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and CTW undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Contacts

Investors:
Matt Chesler, CFA
FNK IR
646-809-2183
[email protected]

Media:
Edwina Frawley-Gangahar
EFG Media Relations
+44 7580 174672
[email protected]
2025-12-02 11:21 29d ago
2025-12-02 05:55 29d ago
Too Soon To Buy Datavault Stock? stocknewsapi
DVLT
CHONGQING, CHINA NOVEMBER 20: In this photo illustration, a smartphone displays the logo of Datavault AI Inc. (NASDAQ: DVLT), a U.S.-listed company focused on AI-driven data monetization and real-world-asset technologies, in front of a screen showing the company's latest stock market chart on November 20, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)

Getty Images

Datavault AI (NASDAQ: DVLT) — a company that operates at the intersection of AI, data management, and Web3 — has experienced an increase of nearly 18% in its stock over the past week, despite being down more than 23% for the last month. For the year, shares have remained relatively stable. This rally indicates a growing investor confidence that the company is finally making progress on its Real World Asset (RWA) roadmap after years of establishing technical foundations.

Rather than choosing individual stocks, it is wiser to create a portfolio that is intended to succeed across different cycles. Our data indicates that the High Quality Portfolio has transformed the uncertainty of stock selection into consistent market-beating performance.

Overview of the Company

The firm offers tools to convert real-world assets (such as energy projects, mining resources, and commodities like gold and copper) and enterprise data into tokenized, tradable digital products via blockchain technology. It changes physical/traditional assets — including real estate, commodities, mining rights, invoices, carbon credits, royalties, and enterprise data — into blockchain-based tokens. Once tokenized, the assets can trade globally, 24/7, and ownership can be fractional. Furthermore, tokenized assets gain liquidity and programmability, and smart contracts can generate automated royalties or yields.

The company's ecosystem encompasses:

Tools that assess and safeguard data — AI systems that analyze, score, and secure enterprise data for safe usage or monetization.Infrastructure for tokenization — Blockchain and Web3 frameworks that facilitate the conversion of physical assets, such as energy projects, mines, or real estate, into digital tokens.DataScore — a platform that visualizes data, creates digital twins, and prepares assets for tokenization, simplifying the understanding of what businesses own and how it can be digitized.High-performance computing (HPC) which provides the necessary power to operate data exchanges, process large datasets, and support extensive global tokenization activities.DVLT’s business model focuses on generating licensing royalties and transaction fees from assets tokenized on its platform. The company positions itself as the foundational layer — the “rails” — for enterprise tokenization, earning revenue each time assets transition through its system. Its income sources consist of upfront fees, perpetual royalties linked to the value or volume of tokenized asset flows, and ongoing transaction fees from activities on its data exchanges.

Reasons Behind the Stock Surge?

Several factors have contributed to the gains. DVLT secured two significant commercial contracts — Triton Geothermal and MTB Mining — collectively valued at over $15 million. Both agreements include perpetual royalty streams associated with tokenized asset flows, providing concrete evidence that DVLT’s intellectual property can produce recurring, high-margin revenue. Triton’s agreement alone exceeds $8 million, with a 5% perpetual royalty on a planned $125 million geothermal token issuance, while MTB’s $7 million contract deals with the tokenization of copper deposits.

The firm has also bolstered its financial standing by completing the second tranche of its strategic equity financing. The additional liquidity, including contributions in Bitcoin, alleviates near-term cash pressures and supports the HPC development necessary for managing global data exchanges and RWA platforms. This action has reduced a significant financial burden and enhanced investor confidence.

Lastly, management reported an increasing interest from enterprises spanning energy, mining, biotech, and real estate sectors. Although these discussions have not yet translated into revenue, their scale and diversity suggest that the recent contracts are not mere isolated successes. The market interpreted this momentum as early indication that DVLT’s tokenization model could scale on an international level.

Financial Performance and Valuation

DVLT is trading at a high valuation, with a price-to-sales ratio nearing 10x, compared to approximately 3x for the wider market. Yet, its current fundamentals do not warrant such a premium. Q3 revenue stood at $2.9 million, while the company reported a net loss of around $33 million, and financial stability remains precarious with only about 1% of assets held in cash, while debt levels are high relative to market value.

Margins are extraordinarily weak. Operating margin hovers around –754%, and net margin is close to –1,310%, alongside significantly negative cash flow. These figures highlight how fragile the underlying business is currently and underscore the execution risk incorporated in the stock’s valuation.

One clearly positive aspect is growth. Revenue has increased by 148% year over year and more than 400% in the most recent quarter. This momentum, combined with management’s ambitious FY 2026 revenue forecast of over $200 million, a fourfold upward revision, accounts for why the market is willing to overlook today’s losses. DVLT remains a precarious endeavor: high ambition, high leverage, and high uncertainty. The stock is valued not on what the company is, but on what it asserts it can become — and its future hinges on converting its patents, early contracts, and HPC infrastructure into real, repeatable, scaled revenue before time and capital exhaust themselves.

The Trefis High Quality (HQ) Portfolio, comprised of 30 stocks, has a history of consistently outperforming its benchmark, which includes all three indices – the S&P 500, S&P mid-cap, and Russell 2000. What contributes to that? As a collective, HQ Portfolio stocks have delivered superior returns with reduced risk compared to the benchmark index; resulting in less volatility, as evidenced in HQ Portfolio performance metrics.
2025-12-02 11:21 29d ago
2025-12-02 05:56 29d ago
Oil News: Crude Oil Futures Straddling Mid-Point as Geopolitics and Peace Talks Collide stocknewsapi
BNO DBO GUSH IEO OIH OIL PXJ UCO USO XOP
Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted as, a recommendation or advice to take any action, including making any investment or purchasing any product. Before making any financial decision, you should conduct your own due diligence, exercise your own discretion, and consult with competent advisors. The content on this website is not personally directed to you, and we do not take into account your individual financial situation or needs. The information contained on this website is not necessarily provided in real time, nor is it guaranteed to be accurate. Prices displayed may be provided by market makers and not by exchanges. Any trading or other financial decision you make is entirely your own responsibility, and you must not rely solely on any information provided through the website. FXEmpire does not provide any warranty regarding the accuracy, completeness, or reliability of any information contained on the website and shall bear no responsibility for any trading losses you may incur as a result of using such information. The website may include advertisements and other promotional content. FXEmpire may receive compensation from third parties in connection with such content. FXEmpire does not endorse, recommend, or assume responsibility for the use of any third-party services or websites. Empire Media Network LTD., its employees, officers, subsidiaries, and affiliates shall not be liable for any loss or damage resulting from your use of the website or reliance on the information provided herein.Risk DisclaimersThis website contains information about cryptocurrencies, contracts for difference (CFDs), and other financial instruments, as well as about brokers, exchanges, and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and involve a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. FX Empire encourages you to conduct your own research before making any investment decision and to avoid investing in any financial instrument unless you fully understand how it works and the risks involved.
2025-12-02 11:21 29d ago
2025-12-02 05:58 29d ago
Evolution AB: The Undervalued Titan Powering The Online Gambling Boom stocknewsapi
EVGGF EVVTY
HomeStock IdeasLong IdeasConsumer 

SummaryEvolution AB remains a Strong Buy, boasting exceptional margins, robust cash flow, and a market-leading position as an online casino gaming provider.Evolution faces near-term headwinds from cybercrime in Asia and its changes in Europe, but management is proactively addressing these challenges.Despite volatility, Evolution maintains a clean balance sheet, aggressive buybacks, and a combined dividend and buyback yield of ~9%.Long-term industry growth, strong financials, and strong value despite conservative valuation assumptions reinforce the bullish outlook, though regulatory risks remain significant. Davizro/iStock via Getty Images

Introduction Back when I last covered Evolution AB (publ) (OTCPK:EVVTY) (OTCPK:EVGGF), I highlighted their apparent undervaluation, with a market-leading position in online casino gaming, with exceptional margins, strong cash flow, and aggressive global expansion despite

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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2025-12-02 11:21 29d ago
2025-12-02 05:58 29d ago
Synopsys stock: Nvidia deal is only an opportunity to ‘sell' it stocknewsapi
SNPS
Synopsys Inc (NASDAQ: SNPS) pushed higher on December 1st as the artificial intelligence (AI) giant, Nvidia (NASDAQ: NVDA), revealed a $2 billion stake in the design automation company. Nvidia's chief executive Jensen Huang dubbed the deal a “huge deal” in a CNBC interview today, calling SNPS a foundational partner in semiconductor innovation.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
The Ensign Group Increases Operations in Arizona stocknewsapi
ENSG
December 02, 2025 06:00 ET

 | Source:

The Ensign Group, Inc.

SAN JUAN CAPISTRANO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of “Santa Rosa Care Center”, a 144-bed skilled nursing facility located in Tucson, Arizona which is subject to a long-term, triple net lease with a third-party landlord. This acquisition was effective as of December 1, 2025.

“We are excited to add another operation to one of our more mature and thriving markets,” said Barry Port, Ensign’s Chief Executive Officer. “This facility clusters well with other operations in Tucson and we are looking forward to seeing what the future holds,” he continued.

Christie Jones, market leader for Bandera Healthcare LLC, Ensign’s Arizona-based subsidiary, added, “We are excited to work together with the outstanding care team at the facility and combine their expertise with Ensign’s quality of service to provide our residents and their families the care they want and need.”

In a separate transaction on the same day, Ensign announced that it acquired the real estate and operations of “Willow Point Rehabilitation and Nursing Center”, a 45-bed skilled nursing facility located in Kansas City, Kansas. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and operations were leased to an Ensign-affiliated operator, subject to a long-term lease effective as of December 1, 2025.

In another transaction on the same day, Ensign announced that it acquired the operations to two facilities in Colorado (i) “The Rehabilitation Center at Sandalwood”, a 103-bed skilled nursing facility located in Wheat Ridge, Colorado, and (ii) “Edgewater Health and Rehabilitation”, a 69-bed skilled nursing facility located in Lakewood, Colorado. Both facilities are operated by an Ensign affiliated operator and are subject to a long-term triple net lease. This acquisition was effective as of December 1, 2025.

These acquisitions bring Ensign’s growing portfolio to 373 healthcare operations, which includes 47 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 156 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

About Ensign™

The Ensign Group, Inc.’s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 373 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact Information

The Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
The Ensign Group Adds Real Estate and Operations in Kansas stocknewsapi
ENSG
December 02, 2025 06:00 ET

 | Source:

The Ensign Group, Inc.

SAN JUAN CAPISTRANO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of “Willow Point Rehabilitation and Nursing Center”, a 45-bed skilled nursing facility located in Kansas City, Kansas. The real estate was acquired by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and the facility is operated by an Ensign-affiliated tenant. The acquisition was effective as of December 1, 2025.

“This is another fantastic addition to our portfolio in Kansas. This new facility joins our other recent acquisitions in Kansas and allows us to offer even more services to the Kansas City community,” said Barry Port, Ensign's Chief Executive Officer. “We are excited to add another real estate asset to Standard Bearer’s growing footprint in the Midwest,” he added.

Dave Jorgensen, President of Gateway Healthcare LLC, Ensign’s Kansas-based subsidiary, added “We look forward to working with the talented caregivers at the facility to dignify post-acute care and are excited to provide exceptional service to the community, our residents, and their families.”

In another transaction on the same day, Ensign announced that it acquired the operations of “Santa Rosa Care Center”, a 144-bed skilled nursing facility located in Tucson, Arizona. The facility is operated by an Ensign affiliated operator and is subject to a long-term triple net lease.

In a separate transaction on the same day, Ensign announced that it acquired the operations to two facilities in Colorado (i) “The Rehabilitation Center at Sandalwood”, a 103-bed skilled nursing facility located in Wheat Ridge, Colorado, and (ii) “Edgewater Health and Rehabilitation”, a 69-bed skilled nursing facility located in Lakewood, Colorado. Both facilities are operated by an Ensign affiliated operator and are subject to a long-term triple net lease.

These acquisitions were effective December 1, 2025, and bring Ensign's growing portfolio to 373 healthcare operations, which includes 47 senior living operations, across 17 states.  Ensign subsidiaries, including Standard Bearer, own 156 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

About Ensign™

The Ensign Group, Inc.'s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 373 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact Information

The Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Genesis Energy, L.P. to Participate in Investor Conferences stocknewsapi
GEL
HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that it will host investor meetings at the following conferences: BofA Securities 2025 Leveraged Finance Conference in Boca Raton, FL on December 2-3, 2025 2025 Wells Fargo 24th Annual Energy and Power Symposium in New York City, NY on December 9-10, 2025 The Partnership's latest presentation materials are available and may be downloaded by visiting the Partnership's website at www.genesisenergy.com under “Presentations”.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Hyperscale Data Bitcoin Treasury at Approximately $72.25 Million stocknewsapi
GPUS
Company Holds 421.6747 Bitcoin and $34.25 Million of Cash Allocated for Future Purchases of Bitcoin

, /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company anchored by Bitcoin ("Hyperscale Data" or the "Company"), today announced that its Bitcoin treasury, including current holdings and cash allocated to committed purchases of Bitcoin, totaled approximately $72.25 million, based on the price of Bitcoin as of November 30, 2025. This amount represents approximately 83% of the Company's market capitalization, based on the Company's stock price at the close of trading on December 1, 2025. The Company remains committed to its long-term goal of accumulating Bitcoin equal to 100% of its market capitalization as part of its broader $100 million digital asset treasury ("DAT") strategy.

The Company's wholly owned subsidiary, Sentinum, Inc. ("Sentinum") held approximately 421.6747 Bitcoin as of November 30, 2025, consisting of 59.1978 Bitcoin generated from mining operations and 362.4768 Bitcoin acquired in the open market (including 33.6800 Bitcoin purchased during the week ended November 30, 2025). Based on the Bitcoin closing price of $90,394 on November 30, 2025, these holdings had an approximate market value of $38 million.

In addition, Hyperscale Data has allocated $34.25 million of cash for Sentinum to deploy into open-market Bitcoin purchases. The Company emphasized that it intends to continue deploying capital through a disciplined dollar-cost averaging strategy designed to reduce exposure to short-term market volatility while building its long-term reserve position.

"Reaching $72.25 million for our Bitcoin treasury strategy is a powerful validation of Hyperscale Data's disciplined approach to its accumulation of Bitcoin," said Milton "Todd" Ault III, Executive Chairman of Hyperscale Data. "We believe that Bitcoin is a foundational asset for the future of the Company and remain committed to our long term DAT strategy."

Hyperscale Data will fully deploy the cash allocated to its DAT strategy into Bitcoin purchases over time. While the Company generally targets investing at least 5% of allocated cash each week with daily purchases, the actual amount may vary, with some weeks higher or lower, depending on market conditions and strategic considerations. Investors should evaluate the Company's Bitcoin accumulation based on multi-week averages, as part of its ongoing dollar-cost-averaging strategy.

The Company highlighted that both open-market purchases and self-mined Bitcoin are driving the growth of its DAT position. Hyperscale will continue to issue weekly reports every Tuesday morning detailing its Bitcoin holdings as it advances toward its $100 million DAT target.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov. 

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the second quarter of 2026. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company's website at hyperscaledata.com.

SOURCE Hyperscale Data Inc.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
MainStreetChamber Holdings, Inc. Announces Its 2026 Annual Convention in Las Vegas stocknewsapi
MSCH
LAS VEGAS, NEVADA / ACCESS Newswire / December 2, 2025 / MainStreetChamber Holdings, Inc. (OTCID:MSCH) is pleased to announce its 2026 Annual Convention, taking place January 30-February 1, 2026, at The Ahern Hotel in Las Vegas, Nevada. This flagship gathering will bring together licensees, partners, investors, and entrepreneurs from across the country to celebrate a landmark year of growth and to unveil the company's bold roadmap for 2026-2027.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Pegasus Resources Announces Binding Letter Agreement to be Acquired by Urano Energy Corp stocknewsapi
SLTFF
VANCOUVER, BC / ACCESS Newswire / December 2, 2025 / Pegasus Resources Inc. (TSXV:PEGA)(OTCID:SLTFF)(FSE:OQS2) ("Pegasus" or the "Company") and Urano Energy Corp. ("Urano") announced today that they have entered into a binding letter agreement, negotiated at arm's length and dated December 1, 2025 (the "Letter Agreement") in respect of a proposed business combination transaction pursuant to which Urano will acquire all of the issued and outstanding securities of Pegasus (the "Proposed Transaction"). Transaction Highlights This transaction will see the consolidation of Urano's I-70 project (Urano NR October 27, 2025) and Pegasus' two adjoining properties, the Energy Sands and Jupiter projects.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
The Ensign Group Grows Operations in Colorado stocknewsapi
ENSG
December 02, 2025 06:00 ET

 | Source:

The Ensign Group, Inc.

SAN JUAN CAPISTRANO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of (i) “The Rehabilitation Center at Sandalwood”, a 103-bed skilled nursing facility located in Wheat Ridge, Colorado, and (ii) “Edgewater Health and Rehabilitation”, a 69-bed skilled nursing facility located in Lakewood, Colorado. Both facilities are subject to a long-term, triple net lease with a third-party landlord. This acquisition was effective as of December 1, 2025.

“These two facilities were perfect additions to our recent growth in Colorado,” said Barry Port, Ensign’s Chief Executive Officer. “Colorado is a fantastic state for us, and we expect these facilities to continue that trend,” he continued.

Dave Jorgensen, President of Endura Healthcare LLC, Ensign’s Colorado-based subsidiary, added, “Both facilities have fantastic teams, and we can’t wait to get to know them in addition to the residents and their families that we will be serving.”

In a separate transaction on the same day, Ensign announced that it acquired the real estate and operations of “Willow Point Rehabilitation and Nursing Center”, a 45-bed skilled nursing facility located in Kansas City, Kansas. The real estate was purchased by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and operations were leased to an Ensign-affiliated operator, subject to a long-term lease effective as of December 1, 2025.

In another transaction on the same day, Ensign announced that it acquired the operations of “Santa Rosa Care Center”, a 144-bed skilled nursing facility located in Tucson, Arizona. The facility is operated by an Ensign affiliated operator and is subject to a long-term triple net lease. This acquisition was effective as of December 1, 2025.

These acquisitions bring Ensign’s growing portfolio to 373 healthcare operations, which includes 47 senior living operations, across 17 states. Ensign subsidiaries, including Standard Bearer, own 156 real estate assets. Mr. Port reaffirmed that Ensign is actively seeking opportunities to acquire real estate and to lease both well-performing and struggling skilled nursing, senior living and other healthcare related businesses throughout the United States.

About Ensign™

The Ensign Group, Inc.’s independent operating subsidiaries provide a broad spectrum of skilled nursing and senior living services, physical, occupational and speech therapies and other rehabilitative and healthcare services at 373 healthcare facilities in Alabama, Alaska, Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin. More information about Ensign is available at http://www.ensigngroup.net.

Contact Information

The Ensign Group, Inc., (949) 487-9500, [email protected]

SOURCE: The Ensign Group, Inc.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
TETRA TECHNOLOGIES, INC. AND MAGRATHEA METALS, INC. stocknewsapi
TTI
Critical mineral extraction represents another key step in ONE TETRA 2030 strategy

, /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) announced today that it has signed a term sheet outlining key parameters to form a joint venture with Magrathea Metals, Inc. (a private company developing innovative technology for producing clean, secure magnesium metal from seawater and brines) to rebuild America's magnesium metal defense industrial base at TETRA's Evergreen Project in Southwest Arkansas.

Magnesium is the "gateway metal" used across the defense industrial base and economy and is designated a critical mineral by the Department of Energy, Department of War, and Department of the Interior.

"We are thrilled to be working with a well-established global specialty chemicals and industrial minerals player like TETRA," said Alex Grant, CEO of Magrathea. "This joint venture will unlock the value created by our team over the past three years. We are now taking meaningful steps to evolve from a technology R&D lab to an industrial project co-developer."

TETRA is building a bromine production facility near Stamps, Arkansas, called the Evergreen Project. The plant is projected to produce 75 million lbs. of bromine annually and plans to begin operations by the end of 2027. Besides bromine, TETRA also plans to produce and monetize several critical minerals from the brine, including lithium and magnesium. Magrathea and TETRA are actively exploring ways to incorporate Magrathea's innovative electrolytic magnesium technology into the brownfield site.

"Our intention to work with Magrathea for the clean, high-quality domestic manufacturing and production of magnesium is another key step towards achieving our ONE TETRA 2030 strategy while supporting the U.S. initiative to develop a secure domestic supply of critical minerals," said Brady Murphy, President and CEO of TETRA. "Through our planned partnership, we would combine Magrathea's advanced process technology with TETRA's deep operational expertise and a world-class magnesium resource base from our Southwest Arkansas brine acreage. Magrathea has already secured Defense Production Act Title III funding from the Department of War to support its Commercial Phase 1, planned to be on-site at TETRA's Evergreen Plant. We are optimistic that further government support is possible for our future commercial plans."

"This proposed new venture proves what Arkansans have always known - our people and communities can compete with anyone in the world," said Governor Sarah Huckabee Sanders. "Magrathea and TETRA's investment builds on Arkansas' defense industry and ensures our nation's future is powered by American innovation."

Investor Contact
For further information, please contact Elijio Serrano, CFO, TETRA Technologies, Inc. at (281) 367-1983 or via email at [email protected] or Kurt Hallead, Treasurer and Vice President of Investor Relations at (281) 367-1983 or via email at [email protected].

About TETRA Technologies
TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. Visit the Company's website at www.onetetra.com for more information or connect with us on LinkedIn. See also the cautionary note concerning estimates of Mineral Resources and Reserves as well as the full S-K 1300 Report dated September 22, 2025, available on TETRA's website under the Investors section at the Presentations link at www.onetetra.com.

About Magrathea Metals, Inc.
Magrathea is a technology company based in California that has developed a new generation of electrolytic process for making clean, secure magnesium metal from seawater and brines. Magnesium supply underpins trillions of dollars of trade and national security is impossible without it and Magrathea is the category leader in re-building ex-China supply of the critical material. 

Cautionary Statement Regarding Forward-Looking Statements
This press release includes certain statements that are deemed to be forward-looking statements that TETRA intends to be included within the safe harbor protections provided by the federal securities laws. These forward-looking statements include statements concerning the possible formation of a joint venture between Magrathea and TETRA to build a magnesium metal defense industrial supply base at TETRA's Evergreen Project site in Southwest Arkansas, the completion of TETRA's bromine production plant near Stamps, Arkansas, production levels of bromine, lithium and magnesium at the Evergreen Project site, potential markets, industries or uses for magnesium, TETRA's ONE TETRA 2030 strategy, possible government support for TETRA's future commercial plans and the amount of investment or number of jobs to be created by the Evergreen Project and joint venture.  These forward-looking statements are based on certain assumptions and analyses made by TETRA in light of its experience and its perception of historical trends, current conditions, expected future developments, statements made by Magrathea and other third parties and other factors it believes are appropriate in the circumstances. Such statements are subject to numerous risks and uncertainties, many of which are beyond the control of TETRA. Factors which may cause actual results to differ materially from current expectations include the factors described in the section titled "Risk Factors" contained in TETRA's most recent Annual Report on Form 10-K, as well as other risks identified from time to time in its reports on Form 10-Q and Form 8-K filed or furnished with the Securities and Exchange Commission. Investors should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and TETRA undertakes no obligation to update or revise any forward-looking statements, except as may be required by law.

SOURCE TETRA Technologies, Inc.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Group Eleven Drills New Mineralized Zone South of Main Discovery Trend at Ballywire, Returning 7.3m of 5.2% Zn+Pb, 10 g/t Ag (from 326m), Incl. 3.8m of 7.3% Zn+Pb, 14 g/t Ag stocknewsapi
GRLVF
December 02, 2025 6:00 AM EST | Source: Group Eleven Resources Corp.
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce the latest two step-out drill holes from its Ballywire discovery ("Ballywire") at the 100%-owned PG West Project ("PG West"), Republic of Ireland.

Highlights:

25-3552-47 (approx. 100m step-out SSE of 25-3552-40, initial test of the Deeper Cu-Ag target; announced 22-Sep-25) intersected four zones of mineralization, including:New Mineralized Zone (South) - Waulsortian Hosted (starting from 313.1m downhole)20.3m of 2.6% Zn+Pb (1.5% Zn and 1.1% Pb), 6 g/t Ag, including7.3m of 5.2% Zn+Pb (2.5% Zn and 2.7% Pb), 10 g/t Ag, including3.8m of 7.3% Zn+Pb (3.7% Zn and 3.6% Pb), 14 g/t Ag, including1.9m of 10.7% Zn+Pb (5.7% Zn and 5.0% Pb), 19 g/t AgNew Mineralized Zone (South) - Base of Waulsortian (starting from 355.9m downhole)2.6m of 2.7% Zn+Pb (0.1% Zn and 2.5% Pb) and 19 g/t Ag, including0.8m of 6.7% Zn+Pb (0.3% Zn and 6.5% Pb) and 37 g/t AgDeeper Cu-Ag Zone (starting from 490.7m downhole)11.3m of 0.26% Cu and 8 g/t Ag, including4.7m of 0.46% Cu and 14 g/t Ag, including1.8m of 0.83% Cu and 24 g/t AgDeeper Cu-Ag Zone (starting from 616.6m downhole)9.4m of 0.25% Cu and 7 g/t Ag, including3.7m of 0.32% Cu and 8 g/t Ag, including0.8m of 0.62% Cu and 16 g/t Ag"Today's results represent a positive surprise given we were not expecting robust Zn-Pb-Ag mineralization south of the main discovery trend at this particular location," stated Bart Jaworski, CEO. "In addition to successfully extending significant Deeper Cu-Ag mineralization down dip by over 200m from previous drilling, today's hole intersected strong Zn-Pb-Ag mineralization in a new part of the discovery. Long theorized, new zones of mineralization parallel to the main discovery trend at Ballywire were evidenced this September by hole 25-3552-44 which discovered a new Cu-Ag bearing feeder structure to the north of the main discovery. Today's results show a similar situation, but to the south, enhancing the potential for at least two additional mineralized zones. If borne out, this greatly expands Ballywire's tonnage potential."

"Driven by new zones of mineralization, growing momentum at our Deeper Cu-Ag zone and the fact that the majority of our 6km long prospective trend is yet to be drilled, Ballywire's exploration upside continues to ramp up. With a robust treasury and our most ambitious drilling campaign to date - four rigs turning in Ireland - we are poised to continue unlocking Ballywire's full potential over the coming months."

Exhibit 1. Cross-Section Showing 25-3552-47 Testing Deeper Cu-Ag Zone at Ballywire.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_002full.jpg

Note: True thickness of the mineralized intervals in hole 25-3552-47 as a percentage of the down-hole interval, is estimated to be approx. 90-100% for Waulsortian-hosted zones, and 60-80% for sub-Waulsortian zones.

Exhibit 2. Plan Map of Main Ballywire Discovery Corridor, Showing New Holes 25-3552-45 and -47.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_003full.jpg

Note: "New Min'zd Zone (S)" means New Mineralized Zone (South); "Potential Zone (N)" means Potential Mineralized Zone (North).

Exhibit 3. Cross-Section of 25-3552-45 (and Previously Reported Holes -35 and -39).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_004full.jpg

Note: True thickness of the mineralized intervals in hole 25-3552-45 as a percentage of the down-hole interval, is estimated to be approx. 80-100%.

Ballywire Drill Update

The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, represents the most significant mineral discovery in Ireland in over a decade. First announced in Sept-2022, the discovery has 64 holes drilled and reported by Group Eleven to date, including the most recent two holes (25-3552-45 and -47) reported today (see Exhibits 1 to 6).

Assays from today's drill holes are summarized above and below (and in Exhibits 4 and 5). Mineralization consists predominantly of sphalerite, galena and pyrite, with the Cu-Ag bearing zones also containing chalcopyrite and suspected tennantite-tetrahedrite.

In addition to results from 25-3552-47, described above, hole 25-3552-45 intersected two zones of significant mineralization along a fault structure (see Exhibits 3 and 5). Strong exploration upside remains further to the NNW and SSE along this section.

Exhibit 4. Summary of Assays from 25-3552-47 at Ballywire

ItemFrom
(m)To
(m)Int
(m)Zn
(%)Pb
(%)Zn+Pb
(%)Ag
(g/t)Cu
(%)25-3552-47313.14333.4220.281.491.142.635.7-Incl.313.14319.606.461.450.471.925.2-And326.11333.427.312.512.655.1610.1-Incl.329.63333.423.793.713.607.3113.70.01Incl.330.59332.521.935.735.0110.7518.70.01Incl.330.59331.560.976.455.3911.8418.70.01And355.85358.452.600.132.542.6718.80.04Incl.356.73357.560.830.286.466.7436.70.08And490.74502.0211.280.010.010.027.50.26Incl.494.50502.027.520.010.010.0310.50.35Incl.497.32502.024.700.020.010.0313.80.46Incl.499.22502.022.800.020.010.0319.10.67Incl.500.17502.021.850.020.010.0323.80.83And616.56625.949.380.01-0.026.60.25Incl.619.52623.263.740.01-0.028.50.32Incl.619.52620.480.960.02-0.0310.80.35And622.46623.260.800.02-0.0216.30.62Note: True thickness of the mineralized intervals in hole 25-3552-47 as a percentage of the down-hole interval, is estimated to be approx. 90-100% for Waulsortian-hosted zones, and 60-80% for sub-Waulsortian zones; "-" means less than 0.01% (<100 ppm).

Exhibit 5. Summary of Assays from 25-3552-45 at Ballywire

ItemFrom
(m)To
(m)Int
(m)Zn
(%)Pb
(%)Zn+Pb
(%)Ag
(g/t)25-3552-45145.37162.4717.101.750.171.913.0Incl.147.14156.179.032.580.242.814.3Incl.147.14151.664.522.660.322.985.9Incl.149.00151.662.663.120.363.486.9Incl.150.73151.660.934.790.615.4011.6And153.41156.172.763.380.173.553.5And181.49202.4020.911.410.632.0410.0Incl.181.49183.241.755.940.316.2524.1Incl.181.49182.390.908.690.319.0032.9And192.27194.972.701.502.684.1821.6Incl.192.27193.160.892.133.865.9930.3And201.52202.400.887.032.189.2132.5And213.38214.350.970.120.740.8619.4Note: True thickness of the mineralized intervals in hole 25-3552-45 as a percentage of the down-hole interval, is estimated to be approx. 80-100%.

Drilling at Ballywire continues with three rigs. Currently, thirteen (13) new holes are completed or near completed (and in the process of being logged, sampled and assayed). These are shown in Exhibit 2, including: (i) four holes collared approx. 200m E of G11-3552-08; (ii) two holes testing approx. 780m SE of G11-3552-08; (iii) six holes drilled along a drill fence hosting G11-468-01; and (iv) one hole testing approx. 80m SW of G11-3552-12. Note, one additional rig is active at the Company's Stonepark Project.

Exhibit 6. Regional Gravity Map Showing 6km Long Prospective Trend at Ballywire.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_d7aa5ace04d3b85a_005full.jpg

Note: Of the four gravity-high anomalies above, only the 'C' anomaly has been systematically drilled to date.

Exhibit 7. Regional Map of Ballywire Discovery and Surrounding Prospects.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/276566_groupe.jpg

Notes to Exhibit 7: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR+; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.22m to 1.19m with an average (over 211 samples) of 0.90m. The half-core samples are bagged, labelled and sealed at Group Eleven's core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing 70% < 2mm, riffle splitter, pulverise up to 250g 85% < 75um. Analytical procedures are 34 element four acid ICP-AES (codes ME-ICP61 and ME-OG62). Other than paying for a professional analytical service, Group Eleven has no relationship with ALS.

Quality Assurance/Quality Control (QA/QC) Information

Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03) 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)25.6m of 9.2% Zn+Pb, 28 g/t Ag (25-3552-39)Ballywire is located 20km from Company's 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore's Pallas Green zinc-lead deposit2. The Company's two largest shareholders are Michael Gentile (14.1% interest) and Glencore Canada Corp. (13.9%). Additional information about the Company is available at www.groupelevenresources.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the current project or property being disclosed. This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018).
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276566
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Happy Belly's Smile Tiger Coffee Roasters Signs 20-Unit Area Development Agreement in Ontario stocknewsapi
HBFGF
December 02, 2025 6:00 AM EST | Source: Happy Belly Food Group Inc.
Toronto, Ontario--(Newsfile Corp. - December 2, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is happy to announce that, as of November 30th, 2025 it has signed an area development agreement for the province of Ontario to open 20 new franchised locations of its Smile Tiger Coffee Roasters brand. Smile Tiger Coffee Roasters ("Smile Tiger"), an emerging brand in the quick service coffee and beverage industry.

Happy Belly 1

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"As we continue to scale Happy Belly through an asset-light franchising model, extending Smile Tiger's footprint in Ontario is a natural next step," said Sean Black, Chief Executive Officer of Happy Belly. "This agreement brings Smile Tiger's committed development pipeline to 45 units - 25 in British Columbia and now 20 in Ontario - while increasing Happy Belly's total contracted units in development across all brands to 646. It's a strong validation of Smile Tiger's potential as an expanding quick service beverage brand as it starts to expand its footprint across Canada."

Happy Belly 2

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Smile Tiger's in-house roasting capabilities, combined with its consumer-packaged goods (CPG) and white-label offerings, position the brand as a platform asset that can support both its own retail growth and broader coffee needs across the Happy Belly portfolio. As the Smile Tiger footprint expands in British Columbia and Ontario, Happy Belly intends to further integrate the brand into its existing breakfast, lunch, and dinner concepts, creating cross-selling opportunities and incremental revenue streams.

Happy Belly 3

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"We are just getting started," said Sean Black.

About Smile Tiger Coffee Roasters Inc.
Our coffee brand is built on the art of unique, in-house roasting. By sourcing premium, ethically grown beans from around the globe, we ensure every cup delivers unparalleled freshness and flavor. Our expert roasters meticulously craft each batch, unlocking the distinct profiles and aromas that set us apart. From rich, bold blends to delicate, nuanced single origins, our roasting process is a celebration of coffee's diversity. Committed to sustainability and quality, we bring you an exceptional coffee experience, roasted to perfection and tailored to delight even the most discerning coffee enthusiasts.

Smile Tiger's coffee roasting capabilities, including consumer-packaged goods (CPG) and white-label products, provide large-scale commerce capabilities. This strategic advantage, combined with delivering exceptional coffee and outstanding service, positions us to capitalize on the growing demand in the coffee, tea, bubble tea, energy drink, and refresher markets—categories transforming the quick serve beverage industry across North America.

Franchising
For franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at [email protected].

About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada.

Happy Belly 4

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Sean Black
Co-founder, Chief Executive Officer

Shawn Moniz
Co-founder, Chief Operating Officer

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statements

All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276596
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Nexus Executes Agreement to Acquire 100% Interest in Chord Uranium Project stocknewsapi
GIDMF
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: JA7) ("Nexus" or the "Company") is pleased to announce it has executed a mineral property purchase agreement (the "Agreement") to immediately acquire a 100% interest in the Chord uranium project (the "Chord Property"), located in Fall River County, South Dakota. The Agreement replaces a previous option agreement and will provide Nexus with full ownership of the Chord Property, including State Section 36, currently being permitted.
2025-12-02 11:21 29d ago
2025-12-02 06:00 29d ago
Blackrock Silver Announces Final Assays from Eastern Expansion Drill Program at Tonopah West stocknewsapi
BKRRF
The Eastern Expansion Drill Program Identified Several Mineralized Northwest Structures Hosting Shallow Mineralization Encountered Within a 1.2 Kilometre Trend
December 02, 2025 6:00 AM EST | Source: Blackrock Silver Corp.
EASTERN EXPANSION PROGRAM HIGHLIGHTS:

At least three mineralized northwest oriented structures have been identified within the 1.2 kilometre eastern expansion trend running parallel to the Pittsburg-Monarch fault that suggest a series of footwall fault splays as opposed to a singular east-west structure;TXC25-173 cut 0.92 metres of 2,122.7 grams per tonne (g/t) silver equivalent (AgEq) (1,162 g/t silver (Ag) & 8.79 g/t gold (Au)) from 220.9 metres, and a separate zone of 1.04 metres grading 534.8 g/t AgEq (189.8 g/t Ag & 3.16 g/t Au) from 215.5 metres;TXC25-178 drilled 6.4 metres of 296.6 g/t AgEq (135.7 g/t Ag & 1.47 g/t Au), including 0.46 metres of 3,853 g/t AgEq (1,771 g/t Ag & 19.06 g/t Au) from 183.8 metres in a north-south oriented structure within the M&I Conversion Area at DPB South; andResults from the Company's drill program targeting expansion potential across a one kilometre trend of vein corridor between the DPB and Northwest Step Out resource areas (the "Northwest Expansion Program") and the Eastern Expansion Program will be incorporated into an updated mineral resource estimate and preliminary economic assessment on Tonopah West estimated to be completed in February 2026.Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces the final results from its fully-funded eastern expansion drill program (the "Eastern Expansion Program" or the "Program") at its 100% owned Tonopah West project located in Nye and Esmeralda Counties, Nevada, United States ("Tonopah West").

The Eastern Expansion Program was a follow up to the Company's successful Scout drilling program completed at Tonopah West in February 2025 (see March 31, 2025 news) which shows additional upside for the shallow southern portion of the Denver-Paymaster and Bermuda-Merten vein groups ("DPB South") resource area (the "M&I Conversion Area") to expand the resource area 1,200 metres in an easterly direction (the "Eastern Expansion Zone").

The Company commenced the Eastern Expansion Program in July 2025 within the Eastern Expansion Zone, utilizing reverse circulation (RC) drilling with RC pre-collars to establish initial holes, which were then deepened using diamond core drilling (core tails) for more detailed geological analysis. The Program drilled a total of 6,798 metres (22,896 feet) in twenty-four drillholes, however, only 22 drillholes were completed, as two pre-collar holes were not usable for core tails. Of the 22 completed drillholes, three were core holes completed from surface.

Andrew Pollard, Blackrock's President and CEO, stated, "Whereas we set out to target a single east-west mineralized structure, drilling from our Eastern Expansion Program has defined at least three distinct, parallel mineralized zones oriented northwest. These structures appear to be splays off the Pittsburgh-Monarch fault system. Each of these zones has intersected shallow, high-grade, and thick mineralization, indicating significant potential for further expansion in the area. Additionally, drilling in the M&I Conversion Area at DPB South has successfully connected previously isolated intercepts, confirming the presence of north-south trending structures and suggesting additional tonnage potential. Work on our upcoming mineral resource estimate and preliminary economic assessment is now underway and on track for a targeted completion date in February 2026. These will incorporate data from both our Northwest and Eastern Expansion drill programs."

Table 1 summarizes the final results of the Eastern Expansion Program using a cut-off grade of 150 g/t AgEq.

Table 1: Eastern Expansion Drill Program Significant Results Using a 150 g/t AgEq Cut-off Grade

Drillhole
IDProgramAreaHole
TypeFrom (m)To (m)Drillhole
Interval
(m)Ag g/tAu g/tAgEq g/tTXC25-168E ExpansionDPB SouthRC/Core298.03299.861.8373.70.754156.1Including298.03298.340.31353.03.680754.8TXC25-171M&I ConversionDPB SouthRC/Core185.99186.690.70122.01.100242.1TXC25-171M&I ConversionDPB SouthRC/Core247.19249.332.1385.70.855179.1TXC25-173E ExpansionDPB SouthRC/Core215.53216.561.04189.83.159534.8TXC25-173E ExpansionDPB SouthRC/Core220.98221.900.921,162.08.7982,122.7TXC25-178M&I ConversionDPB SouthRC/Core161.54162.611.07158.52.126390.6TXC25-178M&I ConversionDPB SouthRC/Core183.80190.206.40135.71.474296.6Including188.37188.820.461,771.019.0673,853.0TXC25-178M&I ConversionDPB SouthRC/Core270.36271.431.07108.91.439266.0Including271.12271.430.31375.04.750893.7AgEq = Ag + Au/(Factor); where Factor = (Ag Price/Au Price)*(Ag Recovery/Au Recovery) or Factor=($27/$2,700)*(87%/95%)=0.009157; True thickness is 75% to 85% of drill interval; NSV=No values above cut off; Cut-off grade is 150 gpt AgEq; RC/Core = RC pre-collar with core tail; Core is core from the surface.The Eastern Expansion Program encountered at least three northwest oriented structures which appear to be mineralized and offset the southern caldera margin to the northeast. The structures are parallel to the Pittsburg-Monarch fault and suggest a series of footwall fault splays associated with the main Pittsburg-Monarch fault. Figure 1 below shows the approximate location and orientation of the northwest fault system.

Drilling to date shows shallow, high-grade, and thick zones of mineralization in each of these structures and suggest increased expansion potential along this northwest structural corridor. Historically, the Pittsburg-Monarch fault was considered an ore control within the district with the thickest historically mined veins at Victor and Ohio abutting the main fault. The Company's drilling in the Eastern Expansion Zone has returned thick vein intervals of gold and silver along the parallel structures confirming the importance of the Pittsburg-Monarch and its footwall fault splays.

Two drillholes, TXC25-171 and TXC25-178, were drilled in the M&I Conversion Area. These drillholes were directed to the west to understand several north-south structures encountered in the previous drilling. The Program was successful in capturing high-grade drill intervals from the north-south structures and shows there are multiple mineralized structures with similar orientation in the area.

Figure 1: Leapfrog model showing northwest oriented structures in the Eastern Expansion area

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Although below the cut-off grade of 150 g/t AgEq, drillholes TXC25-167, -168, -175, -176, -177 and TXC25-179 were mineralized with silver equivalent values ranging between 31 and 133 g/t AgEq. Table 2 shows the range of gold and silver values encountered along the northwest oriented structures.

Table 2: Mineralized Drillholes from the Eastern Expansion program that are below the 150 g/t AgEq cut-off

Drillhole
IDProgramAreaHole
TypeFrom (m)To (m)Drillhole
Interval
(m)Ag g/tAu g/tAgEq g/tTXC25-167E ExpansionOhioRC/Core368.96372.013.05133.00.002133.2TXC25-169E ExpansionDPB SouthRC/Core196.90199.953.051.20.48053.6TXC25-175E ExpansionOhioRC/Core277.98279.691.7114.20.15531.2TXC25-176E ExpansionOhioCore192.51194.461.9513.90.17332.8TXC25-177E ExpansionOhioCore177.09178.311.222.50.46753.5TXC25-179E ExpansionOhioCore235.55236.460.9123.30.27052.8TXC25-179E ExpansionOhioCore262.28263.351.0716.90.16735.1AgEq = Ag + Au/(Factor); where Factor = (Ag Price/Au Price)*(Ag Recovery/Au Recovery) or Factor=($27/$27,00)*(87%/95%)=0.009157; True thickness is 75% to 85% of drill interval; NSV=No values above cut off; Cut-off grade is 150 gpt AgEq; RC/Core = RC pre-collar with core tail; Core is core from the surface.

Figure 2: Drillhole location map for the Eastern Expansion drillholes reported in this news release

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Below are all the drillhole intervals above the 150 g/t AgEq cut off from the program showing the upside potential of the Eastern Expansion Zone.

Table 3: Eastern Expansion Program Significant Results Using a 150 g/t AgEq Cut-off Grade (TXC25-156 to TXC25-166 released on October 27, 2025)

Drillhole
IDProgramAreaHole
TypeFrom (m)To (m)Drillhole Interval
(m)Ag g/tAu g/tAgEq g/tTXC25-158E ExpansionDPB SouthRC/Core146.30147.831.52123.00.852216.0TXC25-158E ExpansionDPB SouthRC/Core272.83273.861.0417.92.353274.8Including273.56273.860.3059.87.970930.1TXC25-158E ExpansionDPB SouthRC/Core340.31341.130.8256.90.671130.2TXC25-159E ExpansionDPB SouthRC/Core234.18242.938.7590.30.943193.3Including241.65242.470.82567.75.9531,217.8TXC25-160E ExpansionDPB SouthRC/Core146.30147.831.5279.46.660806.6TXC25-164E ExpansionDPB SouthRC/Core180.44186.115.673.62.379263.4Including185.01186.111.109.28.670955.9TXC25-166E ExpansionOhioRC/Core160.17160.780.61114.91.658296.0TXC25-166E ExpansionOhioRC/Core165.20170.235.03306.84.062750.3Including166.73168.561.83724.18.5771,660.6TXC25-168E ExpansionDPB SouthRC/Core298.03299.861.8373.70.754156.1Including298.03298.340.31353.03.680754.8TXC25-171M&I ConversionDPB SouthRC/Core185.99186.690.70122.01.100242.1TXC25-171E ExpansionDPB SouthRC/Core247.19249.332.1385.70.855179.1TXC25-173E ExpansionDPB SouthRC/Core215.53216.561.04189.83.159534.8TXC25-173E ExpansionDPB SouthRC/Core220.98221.900.921,162.08.7982,122.7TXC25-178M&I ConversionDPB SouthRC/Core161.54162.611.07158.52.126390.6TXC25-178M&I ConversionDPB SouthRC/Core183.80190.206.40135.71.474296.6Including188.37188.820.461,771.019.0673,853.0TXC25-178M&I ConversionDPB SouthRC/Core270.36271.431.07108.91.439266.0Including271.12271.430.31375.04.750893.7AgEq = Ag + Au/(Factor); where Factor = (Ag Price/Au Price)*(Ag Recovery/Au Recovery) or Factor=($27/$2,700)*(87%/95%)=0.009157; True thickness is 75% to 85% of drill interval; NSV=No values above cut off; Cut-off grade is 150 gpt AgEq; RC/Core = RC pre-collar with core tail; Core is core from the surface.

Figure 3: Tonopah West expansion potential

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Figure 4: Tonopah West Drillhole Location Coordinates (based on GPS readings in the field, Datum UTM, NAD 1927, Zone 11)

Drillhole IDAreaProgramTypeUTM_NAD27 EUTM_NAD27 NElevation
(m)Depth
(ft)Depth
(m)AzimuthDipTXC25-167OhioE ExpansionRC/Core478778.04213176.01824.51302.0396.825-60TXC25-168DPB SouthE ExpansionRC/Core478600.04213250.01800.01072.0326.7180-65TXC25-169DPB SouthE ExpansionRC/Core478460.04213340.01800.0939.0286.2180-65TXC25-170OhioE ExpansionRC/Core478910.04213200.01835.0894.0272.5230-70TXC25-171DPB SouthM&I ConversionRC/Core478105.04213222.01789.01315.0400.8270-50TXC25-172OhioE ExpansionRC/Core478778.04213176.01824.5898.5273.9225-65TXC25-173DPB SouthE ExpansionRC/Core478540.04213310.01800.0903.0275.2180-75TXC25-174OhioE ExpansionRC/Core479014.04213300.01822.0921.0280.740-70TXC25-175OhioE ExpansionRC/Core479046.04213457.01820.01232.0375.540-50TXC25-176OhioE ExpansionCore478540.04213310.01800.01060.0323.1210-75TXC25-177OhioE ExpansionCore478495.04213405.01791.0732.0223.10-90TXC25-178DPB SouthM&I ConversionRC/Core478113.04213139.01791.01728.5526.8270-50TXC25-179OhioE ExpansionCore478460.04213340.01800.0922.0281.00-90Quality Assurance/ Quality Control

All sampling is conducted under the supervision of the Company's project geologists, and a strict chain of custody from the project to the sample preparation facility is implemented and monitored. The RC samples are hauled from the project site to a secure and fenced facility in Tonopah, Nevada, where they are loaded on to American Assay Laboratory's (AAL) flat-bed truck and delivered to AAL's facility in Sparks, Nevada. A sample submittal sheet is delivered to AAL personnel who organize and process the sample intervals pursuant to the Company's instructions.

The RC samples are lined out at the lab and logged into AAL's system. The samples are dried, crushed to 85% passing 10 mesh (2mm) and a 250-gram sub-sample split is collected and pulverized to 200 mesh (74 micron) in a ring and puck pulverizer. Then the pulverized material is digested and analyzed for gold using fire assay fusion and an Induced Coupled Plasma (ICP) finish on a 30-gram assay split (FA-PB30-ICP). Silver is determined using five-acid digestion and ICP analysis (ICP-5AM48). Over limits for gold and silver are determined using a gravimetric finish (GRAVAU30 and GRAVAG30). Data verification of the assay and analytical results are completed to ensure accurate and verifiable results. Blackrock personnel insert a blind prep blank, lab blank or a certified reference material approximately every 15th to 20th sample.

Qualified Persons

Blackrock's exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. He has reviewed and approved the contents of this news release.

About Blackrock Silver Corp.

Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.

Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR at www.sedarplus.ca.

Cautionary Note Regarding Forward-Looking Statements and Information

This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company's strategic plans; the anticipated objectives and results from the Company's drill programs at Tonopah West; the timing of completion of an updated mineral resource estimate and preliminary economic assessment on Tonopah West; the Company's de-risking initiatives at Tonopah West; estimates of mineral resource quantities and qualities; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.

These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risks Factors" in the Company's most recent Annual Information Form.

Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276546
2025-12-02 11:21 29d ago
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ADBE
British shoppers spent 3.8 billion pounds ($5.0 billion) online across the four days of Black Friday to Cyber Monday, up 4.6% year-on-year, according to data from Adobe Analytics published on Tuesday.
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KOMP ETF: Diversify Away The AI Bubble Fears stocknewsapi
AWAY
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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CANC
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Monroe Capital Supports Shore Capital Partners' Acquisitions of Reliant Healthcare and Care Fusion Rx stocknewsapi
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Driven Brands Announces Agreement to Divest International Car Wash Business stocknewsapi
DRVN
CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that it has entered into a definitive agreement to sell IMO, its international car wash business to Franchise Equity Partners. “This transaction sharpens our focus on what we do best — scaling Take 5 and driving consistent cash generation through our Franchise Brands,” said Danny Rivera, President and Chief Executive Officer. “IMO is a good business, but it is not core.
2025-12-02 11:19 29d ago
2025-12-02 06:07 29d ago
First Atlantic Nickel Reports Highest Awaruite (Nickel-Iron-Cobalt Alloy) DTR Grades and Recovery to Date From Expansion Drilling at Pipestone XL Nickel Alloy Project stocknewsapi
FANCF
Hole AN-25-10 Delivers Highest DTR Nickel Grade and Magnetic Concentrate Performance at RPM Zone; Company Plans to Announce Additional Drilling Around Hole 10 with Optimized Drilling Designed to Continue Eastward Expansion Toward Chrome Pond

GRAND FALLS-WINDSOR, Newfoundland and Labrador, Dec. 02, 2025 (GLOBE NEWSWIRE) -- First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) ("First Atlantic" or the "Company") is pleased to announce Davis Tube Recovery (“DTR”) metallurgical results from Phase 2X drill holes AN-25-09 and AN-25-10 at the RPM Zone within its Pipestone XL Nickel Alloy Project in central Newfoundland. Hole AN-25-10 has returned the highest magnetically recoverable nickel grades and recovery to date at the RPM Zone, averaging 0.15% DTR Ni over 228 meters from 0.22% total nickel, with 68.62% magnetic recovery. This is calculated from 1.44% nickel in magnetic concentrate with a 10.48% mass pull. The hole, positioned 200 meters east of the Company's previous best result (AN-24-04: 0.14% DTR Ni over 366 meters), confirms that eastward expansion drilling toward Chrome Pond continues to deliver above average results. The hole ended in mineralization at 233 meters after encountering a clay-filled fault zone, and the Company plans to announce additional drilling around Hole AN-25-10, with optimized drilling designed to penetrate deeper and continue the eastward expansion.

Hole AN-25-10 intersected the highest-grade intervals to date at the RPM Zone, including 0.17% DTR Ni from 8 meters to 59 meters (51 meters) and 0.16% DTR Ni from 215 meters to 236 meters (21 meters), with up to 2.08% nickel in magnetic concentrate and 99.8% nickel recovery reported from whole rock assay grades which averaged 0.22% nickel over the entire hole. The Company's current metallurgical program is based on magnetic separation prior to flotation, leveraging awaruite's unique magnetic properties. The average 10.48% mass pull further demonstrates that magnetic separation can reduce the starting rock volume by approximately 90%, concentrating the recoverable nickel into just 10% of the starting mass prior to flotation. The high 68.62% magnetic nickel recovery achieved in Hole AN-25-10 highlights the favourable performance that awaruite nickel can achieve relative to common bulk-tonnage nickel sulfide mineralization.

Unlike conventional nickel sulfide minerals such as pentlandite (Fe,Ni)₉S₈, which contain sulfur, a non-metallic chemical element that must be removed through secondary processes such as smelting or roasting prior to the refining stages required to produce nickel sulphate (NiSO4) for EV battery precursor cathode active materials (pCAM), awaruite (Ni₃Fe) is a naturally occurring nickel-iron-cobalt alloy that already exists in a reduced metallic state containing approximately 77% nickel. Composed entirely of metal elements, awaruite requires no reduction or chemical processing, offering a mine-direct-to-refinery pathway that bypasses the bottleneck of limited North American smelting capacity, with the potential to unlock large-scale domestic nickel production for the battery supply chain. The metallurgical program continues to advance, with mineralogy, recovery, and concentrate testing ongoing. In addition to cobalt as a byproduct, disseminated chromium occurs with awaruite in all RPM Zone drill holes, and the Company has expanded its metallurgical program to include chromium as an area of interest for potential byproduct recovery. The metallurgical program is designed to create a marketable direct-to-refinery awaruite concentrate containing nickel and cobalt, and the Company is now also evaluating the potential for a high-grade chromium concentrate. Updates on recovery, separation, and preliminary concentrate products for nickel, chromium, and cobalt are anticipated in early 2026.

Please call 844-592-6337 or email [email protected] to connect with Rob Guzman, First Atlantic Nickel's Investor Relations, for questions or more information.

KEY HIGHLIGHTS:

Best DTR Nickel Results to Date: Hole AN-25-10 returned 0.15% DTR Ni over 228 meters, the highest average magnetically recoverable nickel grade to date at the RPM Zone, calculated from 1.44% Ni in magnetic concentrate with a 10.48% mass pull. This represents a 25% increase over the RPM Zone average of 0.12% DTR Ni (calculated from 1.29% Ni concentrate and 9.25% mass pull).Highest-Grade Intervals - Open at Depth: Hole AN-25-10 returned 0.17% DTR Ni from 8 to 59 meters (51 m), and 0.16% DTR Ni from 215 to 236 meters (21 m), both the best interval grades to date. The drill hole stopped in mineralization at 233 meters due to a clay-filled fault zone with abundant magnetite. Follow-up drilling from new collar locations will test deeper near Hole AN-25-10.Eastward Drilling Delivers Best Results: Hole AN-25-10, positioned 200 meters east of the previous best hole (AN-24-04: 0.14% DTR Ni over 366 meters), exceeded that benchmark. The eastward trend toward Chrome Pond, where historic sampling returned up to 62.2% Cr₂O₃ - continues to yield the highest DTR Ni grades on the property.High Nickel Recovery from Awaruite: Hole AN-25-10 achieved 68.62% magnetic nickel recovery, the best average recovery to date at the RPM Zone. Awaruite (Ni₃Fe) contains approximately 77% nickel, or 2-3x the grade of common nickel sulfide minerals, enabling simpler magnetic concentration with less complicated flotation and supporting higher end-concentrate grades.Additional Drilling Planned: The Company plans to announce additional drilling around Hole AN-25-10. Optimized drilling is designed to test deeper and continue expansion eastward. The eastern extension toward Chrome Pond remains open and is a high priority target.Chromium Co-Product Potential: Chromium occurs with awaruite nickel in all RPM Zone drill holes, averaging 0.29% Cr and 0.15% DTR chromium. Mineralogy studies are underway to identify chromium mineral content and assess recovery and concentration potential for a chromium by-product concentrate.Metallurgical Program Expanding: Mineralogy, recovery, and concentrate testing are ongoing. Chromite has been identified as the chromium-bearing mineral, and the Company is evaluating recovery methods and processing options. Updates on recovery, separation, and preliminary nickel, chromium, and cobalt concentrate products are anticipated in early 2026.
HOLE AN-25-10 DELIVERS BEST RESULTS TO DATE ON EASTERN EXTENSION

Table 01: Pipestone XL Nickel Alloy Project - Summary of Assay Results and DTR Metallurgical Test Results for Drill Hole AN-25-10 (RPM Zone)

Hole IDFrom (m)To (m)Interval (m)Mass Pull (%)Nickel - Magnetic Concentrate Grade
Ni ( %)Nickel - Total Grade
Ni (%)DTR Nickel Grade - Magnetically Recovered Ni (%)Total
Nickel Recovery
(%)Chromium - Magnetic Concentrate Grade
Cr (%)Chromium Total
Grade
Cr (%)DTR Chromium Grade - Magnetically Recovered
Cr (%)Cobalt - Magnetic Concentrate Grade
Co (%)AN-25-10823622810.481.440.220.1568.621.540.290.160.05             including859519.471.760.210.1779.801.550.290.150.06 215236219.211.720.220.1671.741.700.290.160.06             Including "Up To"15.202.080.260.1999.802.850.460.330.07
Hole AN-25-10 was positioned 200 meters east of Hole AN-24-04, the Company's previous best drill hole (0.14% DTR Ni over 366 meters), to test the continuation of high-grade mineralization toward Chrome Pond. The hole returned 0.15% DTR Ni over 228 meters from 0.22% total nickel, with 68.62% magnetic recovery. This was calculated from 1.44% nickel in magnetic concentrate with a 10.48% mass pull, exceeding the RPM Zone averages of 1.29% Ni in concentrate and a 9.25% mass pull. This result represents a 25% increase over the average DTR Ni grade of 0.12% across all previously reported RPM Zone drill holes.

Hole AN-25-10 intersected the highest-grade intervals to date at the RPM Zone, including 0.17% DTR Ni from 8 to 59 meters (51 meters) and 0.16% DTR Ni from 215 to 236 meters (21 meters). These results confirm that the eastern extension of Line Section S1 hosts the best magnetically recoverable nickel grades reported to date, supported by visual observations of disseminated, large-grain awaruite mineralization throughout the entire drilled interval.

Drilling was halted at 233 meters after the hole encountered a clay-filled fault zone that caused complete loss of water circulation and excessive torque on the drill rods. Drill cuttings contained abundant magnetite that could not be washed from the borehole, preventing further advancement without risking equipment damage or the drill becoming irretrievably stuck downhole. Although the fault zone required suspension of drilling, the abundance of magnetite in the drill cuttings is encouraging, as awaruite commonly forms alongside magnetite during serpentinization. The hole ended in mineralization grading 0.16% DTR Ni over the final 21 meters, confirming continuation of the system at depth. Given the significance of these results, the Company plans to announce additional drilling around Hole AN-25-10, with optimized drilling designed to penetrate deeper and continue eastward expansion toward Chrome Pond.

Figure 01: Cross-sectional view of the RPM Zone Hole AN-24-02 to AN-24-04 and AN-25-10, showing the distribution of magnetic concentrate and DTR nickel values. Hole AN-25-10 averages 1.44% nickel and 1.54% chromium in continuous metallurgical DTR magnetic concentrate, with an average 10.48% Mass Pull and 0.15% DTR nickel over 228 meters.

Table 02: Drill Hole Collar Location Information

Hole IDEasting (UTM)Northing (UTM)Elevation (m)Azimuth (°)Dip (°)Depth (m)AN-25-095675175358377219270-60480AN-25-10567520535757524190-60233

Figure 02: Drill core from Hole AN-25-10 at 9 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~500 microns in size (bottom).

Figure 03: Drill core from Hole AN-25-10 at 146 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~450 microns in size (bottom).

Figure 04: Drill core from Hole AN-25-10 at 233 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~350 microns in size (bottom).

Hole AN-25-09, located 800 meters north of the discovery drilling on Section S1, was drilled from the same collar location as Hole AN-25-08 but oriented in the opposite direction. This hole tested westward toward Pipestone Pond on Section S3 and intersected continuous mineralization over its entire 480-meter length, returning 0.09% DTR Ni from 0.95% nickel in magnetic concentrate from 42 to 417 meters, is greater than the 0.06% DTR Ni cutoff grade calculated at the Baptiste awaruite nickel deposit in British Columbia1.

The westward orientation of AN-25-09, drilled prior to refined structural interpretation, was not optimally oriented to test the true width of the awaruite-bearing body. Despite this, the hole provided valuable geological information confirming the westward-dipping system, consistent with results from Hole AN-25-07, which was also drilled westward on Section S2. The successful DTR results from eastward-oriented holes, compared with the sub-optimal westward orientation of AN-25-07 and AN-25-09, confirm that eastward-oriented drilling is essential to test the true width of the mineralized body and continues to deliver the best grades on the property.

Table 03: Pipestone XL Nickel Alloy Project - Summary of Assay Results and DTR Metallurgical Test Results for Drill Hole AN-25-09 (RPM Zone)

Hole IDFrom (m)To (m)Interval (m)Mass Pull (%)Nickel - Magnetic Concentrate Grade
Ni ( %)Nickel - Total Grade
Ni (%)DTR Nickel Grade - Magnetically Recovered Ni (%)Total Nickel Recovery
(%)Chromium - Magnetic Concentrate Grade
Cr (%)Chromium Total Grade
Cr (%)DTR Chromium Grade - Magnetically Recovered
Cr (%)Cobalt - Magnetic Concentrate Grade
Co (%)AN-25-0994834749.000.930.230.0836.071.610.280.140.06             including424173759.030.950.230.0937.161.570.260.140.06             including "Up To"12.001.200.260.1145.793.941.230.340.08

Figure 05: Cross-sectional view of the RPM Zone drill hole AN-25-08 and AN-25-09, located 800 meters north of discovery hole AN-24-02, showing the distribution of magnetic concentrate and DTR nickel values. Hole AN-25-08 averages 1.35% nickel and 1.57% chromium in continuous metallurgical DTR magnetic concentrate, with an average 8.79% Mass Pull and 0.12% DTR nickel over 480 meters.

Figure 06: Drill core from Hole AN-25-09 at 124 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~300 microns in size (bottom).

Figure 07: Drill core from Hole AN-25-09 at 479 meters, showing disseminated awaruite (nickel-iron alloy) in serpentinized peridotite (top); photomicrographs show awaruite grains up to ~450 microns in size (bottom).

AWARUITE NICKEL: HIGH RECOVERY FROM HIGH-GRADE MINERAL

Awaruite (Ni₃Fe) is a naturally occurring nickel-iron-cobalt alloy containing approximately 77% nickel2, or 2 to 3 times the nickel content of typical nickel sulfide minerals such as pentlandite (~25% Ni)3. Awaruite’s high nickel content and magnetic properties enables simpler magnetic concentration, with less complex flotation requirements than conventional sulfide processing, and supports higher end-concentrate grades.

DTR metallurgical testing at the RPM Zone has achieved an average nickel recovery of 68.62% across reported drill holes, demonstrating the effectiveness of magnetic separation for awaruite concentration. The 10.48% mass pull in Hole AN-25-10 shows that magnetic separation can reduce the starting rock volume by approximately 90%, concentrating the recoverable nickel into about 10% of the original rock mass prior to flotation. The Company's current metallurgical program is based on magnetic separation ahead of flotation, leveraging awaruite's unique magnetic properties to achieve superior recoveries relative to bulk tonnage nickel sulfide mineralization.

Unlike conventional nickel sulfide minerals such as pentlandite (Fe,Ni)₉S₈, which contain sulfur, a non-metal chemical element that takes-up weight and space within the mineral and needs to be removed through secondary processing such as high temperature smelting or roasting, awaruite's sulfur-free composition eliminates the need for smelting, roasting, or acid leaching. This positions the Pipestone XL Project as a potential domestic source of magnetically concentrated nickel that reduces reliance on overseas processing infrastructure.

PHASE 2X DRILLING PROGRAM UPDATE

The Phase 2X drilling program continues to expand the RPM Zone within the 4-kilometer strike length target area announced October 21, 2025. To date, approximately 3,500 meters of drill core from the RPM Zone have returned positive magnetically recoverable nickel results. Reported holes averaging 1.29% nickel in magnetic concentrate with a 9.25% mass pull, result in a calculated grade of 0.12% DTR nickel. The exceptional results from AN-25-10 (0.15% DTR Ni with 68.62% recovery) demonstrate increasing grades with eastward expansion toward Chrome Pond.

The Company plans to announce additional drilling targeting multiple directions:

Eastern Extension (High Priority): Following the exceptional results from Hole AN-25-10, additional drilling from optimized collars designed to penetrate deeper will target the zone beyond where the hole was halted, continuing the eastward expansion toward the historic Chrome Pond chromite prospect. The eastward trend has consistently delivered the best magnetically recoverable nickel grades on the property.Northern Extension: Systematic step-outs north of Section S3 will continue to test the 4-kilometer strike length potential outlined by DTR surface sampling.Southern Extension: Approximately 1 kilometer of southern extension potential has been identified in areas now reinterpreted as ultramafic peridotites hosting awaruite. CHROMIUM CO-PRODUCT AND METALLURGICAL PROGRAM

Chromium occurs disseminated with the awaruite nickel alloy in all RPM Zone drill hole intervals, averaging 0.15% DTR chromium across reported intersections with a 9.25% average mass pull. Based on consistent chromium assays in every RPM Zone drill hole to date, the Company has expanded its metallurgical program to include chromium as an area of interest for potential by-product recovery. Chromite has been identified as the source mineral for chromium, and its beneficiation potential is currently under investigation. Mineralogy analysis provides the foundation for determining future recovery methods, processing routes, and separation techniques, and will provide insight into potential concentrate grades. The Company anticipates updates on recovery, separation, and preliminary concentrate products for nickel, chromium, and cobalt in early 2026.

Table 04: RPM Zone - Complete Intervals for all Drill Holes Reported to Date

Drill HoleZoneSectionFrom metersTo metersInterval metersMagnetically Recovered (DTR)
Nickel %Magnetic Concentrate Nickel
Grade (Ni %)Mass Pull (%)CommentAN 24 - 02RPMS111.0394.1383.10.131.379.50NR - March 12, 2025AN 24 - 03RPMS118.0234.0216.00.111.329.12NR - April 15, 2025AN 24 - 04RPMS112.0378.0366.00.141.469.53NR- June 24, 2025AN 24 - 05RPMS26.0357.0351.00.121.478.21NR - July 9, 2025AN 25 - 06RPMS25.65453447.350.111.279.02NR - August 12, 2025AN 25 - 07RPMS29495486.00.090.979.60NR - October 23, 2025AN 25 - 08RPMS311491480.00.121.358.79NR - October 23, 2025AN 25 - 09RPMS39483474.00.080.939.0NR - Dec 2, 2025AN 25 - 10RPMS182362280.151.4410.48NR - Dec 2, 2025TBA
Figure 08: Phase 2X drill plan map showing expanded target areas - RPM, RPM South, and RPM North, within the 30 km Pipestone XL Nickel Alloy Project.

Figure 09: Phase 2X drill plan map at the RPM Zone showing the 800-meter drill-confirmed strike length and the open 10-kilometer strike extension to Super Gulp within the 30-kilometer Pipestone XL nickel trend.

AWARUITE - RARE & PURE NATURAL NICKEL-IRON-COBALT ALLOY MINERAL

The sulfur-free nature of awaruite (Ni₃Fe), a naturally occurring nickel-iron-cobalt alloy already in metallic form, eliminates the need for secondary processes such as smelting, roasting or acid leaching that are typical of sulfide or laterite nickel ores. Unlike sulfides, which are not natural alloys, awaruite avoids the challenge of sourcing smelter capacity—a bottleneck in North America's nickel supply chain. With an average nickel grade of approximately 77%, awaruite significantly exceeds the ~25% nickel grade characteristic of pentlandite. Awaruite's strong magnetic properties enable concentration through magnetic separation, as demonstrated by Davis Tube Recovery (DTR) testing at First Atlantic's RPM Zone drill core.

Awaruite eliminates the electricity requirements, emissions, and environmental impacts associated with conventional smelting, roasting or acid leaching processes of common nickel minerals. Moreover, awaruite's sulfur-free composition removes the risks of acid mine drainage (AMD) and related permitting challenges commonly posed by sulfide minerals. As noted by the United States Geological Survey (USGS) in 2012: "The development of awaruite deposits in other parts of Canada may help alleviate any prolonged shortage of nickel concentrate. Awaruite, a natural iron-nickel alloy, is much easier to concentrate than pentlandite, the principal sulfide of nickel."

Figure 10: Quote from USGS on Awaruite Deposits in Canada

DAVIS TUBE RECOVERY (DTR) METALLURGICAL TEST

Davis Tube Recovery (DTR) is a laboratory method that uses magnets to separate magnetic and non-magnetic material from a sample, similar to commercial magnetic separators used in mining operations. The percentage of magnetic mass recovered (mass pull) is used together with the assayed grade of the magnetic fraction to calculate the magnetically recoverable nickel.

DTR nickel percentage is calculated by: Mass Pull (%) × Magnetic Nickel Concentrate Grade (%). This represents the portion of nickel that can be recovered through magnetic separation and is not equivalent to a standard assay result. DTR results can vary based on equipment settings and technological advancements.

The Company has released a new educational video that breaks down the Davis Tube Recovery (DTR) test into five simple steps. This video is a valuable resource for anyone interested in understanding mineral exploration. Please visit https://www.youtube.com/watch?v=q3zsgDtLWns to view the video.

Figure 11: Davis Tube Recovery (DTR) Metallurgical Test 5 Step Process
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Investor Information

The Company's common shares trade on the TSX Venture Exchange under the symbol "FAN", the American OTCQB Exchange under the symbol "FANCF" and on several German exchanges, including Frankfurt and Tradegate, under the symbol "P21".

Investors can get updates about First Atlantic by signing up to receive news via email and SMS text at www.fanickel.com.

FOR MORE INFORMATION:

First Atlantic Investor Relations

Robert Guzman

Tel: +1 844 592 6337

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclosure

Adrian Smith, P.Geo., a director and the Chief Executive Officer of the Company is a qualified person as defined by NI 43-101. The qualified person is a member in good standing of the Professional Engineers and Geoscientists Newfoundland and Labrador (PEGNL) and is a registered professional geoscientist (P.Geo.). Mr. Smith has reviewed and approved the technical information disclosed herein.

Analytical Method & QA/QC

Samples were split in half on site, with one half remaining in the core box for future reference and the other half securely packaged for laboratory analysis. The QA/QC protocol included the insertion of blanks, duplicates, and certified reference material (standards), with one QA/QC sample being inserted every 20 samples to monitor the precision and accuracy of the laboratory results. All analytical results successfully passed QA/QC screening at the laboratory, and all Company inserted standards and blanks returned results within acceptable limits.

Samples were submitted to Activation Laboratories Ltd. (“Actlabs”) in Ancaster, Ontario, an ISO 17025 certified and accredited laboratory operating independently of First Atlantic. Each sample was crushed, with a 250 g sub-sample pulverized to 95% - 200 mesh. A magnetic separate was then generated by running the pulverized sub-sample through a magnetic separator which splits the sub-sample into magnetic and non-magnetic fractions. This involves running a 30 g split of the pulp through a Davis Tube magnetic separator as a slurry using a constant flow rate, a magnetic field strength of 3,500 Gauss, and a tube angle of 45 degrees to produce magnetic and non-magnetic fractions.

The magnetic fractions are collected, dried, weighed and the magnetic fraction is fused with a lithium metaborate/tetraborate flux and lithium bromide releasing agent and then analyzed on a wavelength dispersive XRF for multiple elements including nickel, cobalt, iron and chromium. The magnetically recovered nickel grade was then calculated by multiplying the XRF fusion nickel value by the weight of the magnetic fraction and dividing by the total recorded feed weight or magnetic mass pulled from the sample.

True widths are currently unknown. However the nickel bearing ultramafic ophiolite and peridotite rocks being targeted and sampled in the Phase 1 drilling program at the Atlantic Nickel Project are mapped on surface and in drilling as several hundred meters to over 1 kilometer wide and approximately 30 kilometers long.

Forward-looking statements:

This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information.

Forward-looking information in this news release includes, but is not limited to: statements regarding: the timing, scope and results of the Company’s Phase 1 and Phase 2 work and drilling programs (including follow-up drilling around Hole AN-25-10 and continued expansion toward Chrome Pond); future project developments; the Company’s objectives, goals, and future plans; statements and estimates of market conditions; the viability of magnetic separation as a low-impact processing method for awaruite; the strategic and economic implications of the Company’s projects; and expectations regarding future developments and strategic plans. Forward-looking information is based on, among other things, assumptions regarding: the continuity of mineralization and geology suggested by drilling and sampling to date; metallurgical recoveries and magnetic separation performance continuing to be consistent with test results; the availability of drill rigs, services, personnel and supplies; permitting and regulatory timelines; prevailing and future nickel, cobalt and chromium prices and demand; and the Company’s ability to obtain financing on reasonable terms to carry out planned exploration and metallurgical programs.

Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining and clean energy industries. Additional factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on http://www.sedarplus.ca. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no mineral reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking information, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

___________________

1 https://fpxnickel.com/news/fpx-nickel-delivers-pfs-for-baptiste-nickel-project-with-after-tax-npv-of-us2-01-billion-and-18-6-irr/ 
2 https://www.sciencedirect.com/science/article/abs/pii/S0892687522003648 
3 https://fpxnickel.com/projects-overview/what-is-awaruite/ 

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2025-12-02 11:19 29d ago
2025-12-02 06:15 29d ago
TRX Gold Reports Q4 and Year-End 2025 Results stocknewsapi
TRX
TORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) reported its results for the fourth quarter (“Q4 2025”) and year end August 31, 2025 (“fiscal 2025”). Financial results are available on the Company’s website at www.TRXgold.com.

Stephen Mullowney, TRX CEO commented: “In Q4 we achieved a record 6,404 ounces of gold poured and 6,977 ounces of gold sold at an average realized price of $3,363 per ounce, recognizing revenue of $23.5 million, gross profit of $12.6 million (54% margin) and Adjusted EBITDA1 of $12.7 million (54% margin). This performance continued into Q1 2026, with another quarterly production record of approximately 6,550 ounces of gold, sold at higher record gold prices. The Company is recapitalizing the business with internally generated cash flow as evidenced by working capital turning positive in Q4 2025. We expect that working capital will continue to improve and anticipate being fully recapitalized from a working capital perspective in Q2 2026. At the same time, the processing plant expansion has commenced and exploration continues, again being funded by cash flow from operations. We are set up well for fiscal 2026.”

Mr. Mullowney continued: “In 2025, our PEA on the Buckreef Gold expansion was a defining milestone, outlining a long-life, scalable asset with an NPV5% of $1.9 billion pre-tax ($1.2 billion after-tax) at US$4,000/oz gold. Additionally, subsequent to year-end we announced that the processing facility will be significantly larger than the 3,000 tonnes per day (“tpd”) plant as outlined in the PEA study. We will also be accelerating exploration plans on high-grade zones such as Stamford Bridge in fiscal 2026, where we have seen our best drill results to date, as well as other areas identified through our exploration program. Finally, over time we believe that the higher processing capacity and prospective new discoveries have the potential to significantly improve the already robust results of the PEA.”

Key highlights for Q4 and Year-End 2025 include:

Record Revenue, Profitability and Cash Generation: During Q4 2025, the Company poured a record 6,404 ounces of gold (Q4 2024: 5,767 ounces) and sold 6,977 (Q4 2024: 5,715) ounces of gold at an record average realized price (net)1 of $3,363 per ounce (Q4 2023: $2,412 per ounce), recognizing revenue of $23.5 million, gross profit of $12.6 million, net income of $5.3 million, operating cash flow of $8.5 million and Adjusted EBITDA1 of $12.7 million, all of which reflect increases compared to the prior year comparative period. For the year ended August 31, 2025, the Company poured 18,935 ounces of gold (2024: 19,389 ounces) and sold 19,213 ounces of gold (2024: 19,075 ounces) at a full year record average realized price (net)1 of $3,033 per ounce, recognizing record revenue of $57.6 million, gross profit of $23.9 million, net income of $6.6 million, operating cash flow of $16.3 million and Adjusted EBITDA1 of $22.0 million, all of which reflect increases compared to the prior year comparative period.
Strengthened Working Capital Position: During Q4 2025, the Company strengthened its working capital position. The Company’s current ratio improved to approximately 1.3 at August 31, 2025 from 0.8 at May 31, 2025, after adjusting for non-cash liabilities. Aged accounts payables continue to decrease in amount and days outstanding, and the Company has continued to invest in supplies inventory by restocking spare parts, consumables, reagents and grinding media. The Company also continued to invest in run of mine (ROM) stockpile inventory. The ROM stockpile has grown from approximately 9,275 ounces of contained gold at May 31, 2025, to over 20,000 ounces of contained gold today. The Company also fully repaid its short-term borrowings of approximately $3.0 million in Q4 2025 and has full access to its liquidity lines.
Delivered Positive PEA Demonstrating Significant Growth Potential at Buckreef Gold: During fiscal 2025, the Company filed a robust PEA for Buckreef Gold, outlining average gold production of approximately 62,000 ounces per year over a 17.6 year mine life, including an underground expansion, and an NPV5% of $1.9 billion pre-tax ($1.2 billion after-tax) at US$4,000 per ounce of gold2. As per the press release on November 4th, 2025, the Company announced it is executing on a larger processing facility than was initially contemplated in the PEA. The Company continues to explore plans to optimize the PEA.Higher Grade Ore Improved Production: Following finalization of the scheduled stripping campaign during the first half of fiscal 2025, the Company began to access higher grade ore blocks, benefiting production in Q4 2025 and into fiscal 2026. Illustratively, the Company achieved two record gold pours, including 806 ounces at the end of August 2025, followed by subsequent record gold pours of 1,018 and 1,105 ounces of gold in September 2025 and November 2025, respectively. The Company expects to continue accessing higher grade ore blocks in fiscal 2026 as demonstrated in Figure 8.Announced Discovery of New High-Grade Zone with Outstanding Exploration Results: During Q1 2025, the Company announced the discovery of a promising new gold mineralization shear zone, named the “Stamford Bridge Zone”, where results are beginning to form what may become a potential 1-kilometer “bridge” between the Buckreef Gold Main Zone, where current operations are ongoing, with links to the parallel, high-priority, gold mineralization zone known as the Eastern Porphyry, and the prospective Anfield Zone to the southeast. The Company announced its two best drill results ever, on a gram x tonne x meters (“gtm”) basis, intersecting 37 meters (“m”) @ 6.86 g/t Au (253.82 gtm) from 130 m (hole BMDD315) and 35.5 m @ 5.48 g/t Au (194.54 gtm) from 64 m, located along the Stamford Bridge Zone. The Company expects to substantially increase exploration drilling in fiscal 2026, with a focus on high-priority gold zones, such as Stamford Bridge, as well as Buckreef Main, Anfield and Eastern Porphyry.Established Domestic Gold Sales: Buckreef Gold signed an agreement with the Bank of Tanzania (“BoT”) to set aside a minimum of 20% of gold doré production at site for domestic sale to the BoT, as required by law for all mining companies in Tanzania. The Company benefits from a reduced royalty rate of 4.35% for any domestic sales (compared to a 7.35% royalty rate for exported sales). This agreement signals Buckreef Gold’s long-term commitment to Tanzania and its growing role in driving local content, value addition, and the beneficiation strategy (including improving foreign exchange reserves) as championed by the Government.
Strengthened Management Team and Board: During fiscal 2025, the Company appointed Richard Boffey as Chief Operating Officer. Mr. Boffey is a seasoned executive, bringing more than 35 years of operational experience to the TRX Gold team, and will be instrumental in the continued growth and development of Buckreef Gold. The Company also appointed John McVey as a Director, an experienced director with an extensive background in underground mine development, mine engineering and construction, who will be a valuable resource in advising the Company on the next phase of expansion and growth of Buckreef Gold. Additional highlights subsequent to Year-End 2025:

Growth Plan Beyond PEA Scope: The Company announced it has begun executing on a larger processing facility than was initially contemplated in the PEA, consisting of a 3,000+ tpd processing circuit for sulphide material as well as a 1,000 tpd processing circuit for oxide and transition material, and tailings retreatment, while also being capable of processing sulphide material. The newly designed processing plant expansion is now expected to produce average annual gold production in excess of the 62,000 ounces of gold published in the PEA and is expected to be financed from internally generated cashflow over the next 18-24 months. Any new discoveries at Buckreef Gold will also be incorporated into the Company’s business plan over time.Sustained Exploration Efforts: The Company began the first phase of the fiscal 2026 exploration program by commencing a detailed 810 line-kilometer ground magnetic survey in October 2025. This high-resolution geophysical survey is designed to map subsurface magnetic variations across the tenement area, helping to identify structural features, lithological contacts, and potential mineralized zones with the goal of generating new drilling targets and discoveries. This program is expected to be completed in fiscal Q2 2026.Metallurgical Testwork in Progress: The Company is focused on metallurgical testwork programs including (i) gold deportment testing across various geo-metallurgical domains within the Buckreef Main Zone, (ii) flotation and concentrate leach optimization testwork, and (iii) SAG and Ball Mill Circuit Design, as part of its current flowsheet optimization and future expanded flowsheet development. This work is expected to be completed in fiscal Q2 2026. Fiscal 2026 Outlook – Expected increase in annual gold production and planning for more growth:

Gold Production: Gold production at Buckreef Gold is expected to be in the range of 25,000 - 30,000 ounces for fiscal 2026, an increase compared to fiscal 2025 production of 18,935 ounces, as the Company expects to continue accessing higher grade ore blocks following completion of the Stage 1 stripping campaign in 2025. This production outlook and open pit mine plan are in line with Year 1 of the PEA.Capital Expenditures: Total capital expenditures, excluding waste rock stripping, are expected to be in the range of $15 - $20 million in fiscal 2026, compared with actual 2025 cash capital expenditures of approximately $15.6 million. In fiscal 2026, capital expenditures will be focused on the plant upgrade and expansion aimed at increasing throughput and recoveries, and construction of significantly expanded tailings storage facility, procurement of heavy (and mobile) equipment, dewatering pumps and upgraded camp accommodation, all as part of the longer-term plan to expand the plant to 3,000+ tpd as outlined in the PEA.Exploration Program: Exploration expenditures are expected to be in the range of $3 - $5 million in fiscal 2026 and include a geophysics survey to identify additional drilling targets, underground resource drilling on the Buckreef Main Zone, exploration drilling on the Stamford Bridge Zone and reverse circulation drilling on the Eastern Porphyry. The Company has procured a reverse circulation drilling rig and diamond drilling rig, which are expected to arrive shortly at Buckreef Gold and will significantly reduce the Company’s drilling cost per meter. Figure 1: Buckreef Gold’s Open Pit Mining Operations (Q4 2025)

Figure 2: Load and Haul Operations at Buckreef Gold (Q4 2025)

Figure 3: Load and Haul with New 350 Excavator and Haul Truck (Q4 2025)

Figure 4: Revised Process Flowsheet for the Upgraded and Expanded Plant

Figure 5: 18 Meter Diameter Pre-Leach Thickener

Figure 6: Pre-Leach Thickener Foundation Civils in progress

Figure 7: Aachen ® Reactor ready for shipment and Vendor Testwork Flotation Cells

Figure 8: Buckreef Gold fiscal 2026 Mine Plan (including Ore Mined to Date above line)

Q4 2025 and Full Year 2025 Results Conference Call and Webcast Details

When: Wednesday, December 10th at 9:30 AM EST
Webcast link: https://www.c-meeting.com/web3/joinTo/MP9MKT3Z8WQC2Z/TBb9d2RtzOcagkpAL_wb-w
Conference call numbers:
Canada/USA TF: 1-833-752-3900
International Toll: +1-647-849-3080
A replay will be made available for 30 days following the call on the Company’s website.

About TRX Gold Corporation

TRX Gold is a high margin and growing gold company advancing the Buckreef Gold Project in Tanzania. Buckreef Gold includes an established open pit operation and 2,000 tonnes per day process plant with upside potential demonstrated in the May 2025 PEA. The PEA outlines average gold production of 62,000 oz per annum over 17.6 years, and US$1.9 billion pre-tax NPV5% at average life of mine gold price of US$4,000/oz3. The Buckreef Gold Project hosts a Measured and Indicated Mineral Resource of 10.8 million tonnes (“MT”) at 2.57 grams per tonne (“g/t”) gold containing 893,000 ounces (“oz”) of gold and an Inferred Mineral Resource of 9.1 MT at 2.47 g/t gold for 726,000 oz of gold. The leadership team is focused on creating both near-term and long-term shareholder value by increasing gold production to generate positive cash flow to fund the expansion as outlined in the PEA and grow Mineral Resources through exploration. TRX Gold’s actions are informed by the highest environmental, social and corporate governance (“ESG”) standards, as evidenced by the relationships and programs that the Company has developed during its nearly two decades of presence in the Geita Region, Tanzania.

Qualified Person

Mr. Richard Boffey, BE Mining (Hons) F AusIMM, Chief Operating Officer of TRX Gold Corporation, is the Company’s in-house Qualified Person under National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) and has reviewed and assumes responsibility for the scientific and technical content in this press release.

For investor or shareholder inquiries, please contact:

Investors:
Investor Relations
[email protected]
+1-437-224-5241
+1 844 GOLD TRX (844-465-3879)
www.TRXgold.com

Non-IFRS Performance Measures

The Company has included certain non-IFRS measures in this news release. The following non-IFRS measures should be read in conjunction with the Company’s audited consolidated financial statements for the year ended August 31, 2025 filed on SEDAR+ and with the Securities and Exchange Commission (“SEC”), and included in the Company's Annual Report on Form 40-F and Annual Information Form for the year ended August 31, 2025. The financial statements and related notes of TRX Gold have been prepared in accordance with International Financial Reporting Standards (“IFRS”). Additional information has been filed electronically on SEDAR+ and with the SEC and is available online under the Company’s profile at www.sedarplus.ca and the Company’s filings with the SEC at www.sec.gov and on our website at www.TRXgold.com.

Adjusted EBITDA

Adjusted EBITDA is a non-IFRS performance measure and does not constitute a measure recognized by IFRS and does not have a standardized meaning defined by IFRS. Adjusted EBITDA may not be comparable to information in other gold producers’ reports and filings. Adjusted EBITDA is presented as a supplemental measure of the Company’s performance and ability to service its obligations. Adjusted EBITDA is frequently used by securities analysts, investors and other interested parties in the evaluation of companies in the industry, many of which present Adjusted EBITDA when reporting their results. Issuers present Adjusted EBITDA because investors, analysts and rating agencies consider it useful in measuring the ability of those issuers to meet their obligations. Adjusted EBITDA represents net income before interest, income taxes, and depreciation and also eliminates the impact of a number of items that are not considered indicative of ongoing operating performance.

The following table provides a reconciliation of net income and comprehensive income to Adjusted EBITDA per the financial statements for the three and twelve months ended August 31, 2025.

 Three Months Ended
Three Months EndedTwelve Months EndedTwelve Months Ended August 31, 2025
August 31, 2024August 31, 2025August 31, 2024Net income and comprehensive income per financial statements5,265 3,284 6,566 3,510 Add:     Depreciation1,482 749 3,791 2,195 Interest, net and other expense429 782 2,360 2,011 Non-recurring severance and legal expenses1 - 432 - Income tax expense4,946 3,040 7,891 6,826 Change in fair value of derivative financial instruments199 (1,948)(1,262)(1,023)Share-based payment expense365 250 2,247 1,743 Adjusted EBITDA12,687 6,157 22,025 15,262        Average realized price per ounce gold sold

Average realized price per ounce of gold sold is a non-IFRS measure and does not constitute a measure recognized by IFRS and does not have a standardized meaning defined by IFRS. Average realized price per ounce of gold sold is calculated by dividing revenue by ounces of gold sold. It may not be comparable to information in other gold producers’ reports and filings.

      Three Months EndedThree Months EndedTwelve Months EndedTwelve Months Ended August 31, 2025August 31, 2024August 31, 2025August 31, 2024Revenue per financial statements$23,504 $13,622 $57,613 $41,158 Interest recognized from Auramet prepaid gold purchase agreement (42) -  (115) - Revenue recognized from OCIM prepaid gold purchase agreement -  (958) (2,319) (3,048)Revenue from gold sales 23,462  12,664  55,179  38,110 Ounces of gold sold 6,977  5,715  19,213  19,075 Ounces of gold sold from OCIM prepaid gold purchase agreement -  (465) (1,023) (1,587)Ounces from gold sales (net of OCIM prepaid gold purchase agreement) 6,977  5,250  18,190  17,489 Average realized price (gross)$3,369 $2,384 $2,999 $2,158 Average realized price (net)$3,363 $2,412 $3,033 $2,179       The Company has included “average realized price per ounce of gold sold” and “Adjusted EBITDA” as non-IFRS performance measures throughout this news release as TRX Gold believes that these generally accepted industry performance measures provide a useful indication of the Company’s operational performance. The Company believes that certain investors use this information to evaluate the Company’s performance and ability to generate cash flow. Accordingly, they are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

Forward-Looking and Cautionary Statements

This press release contains certain forward-looking statements as defined in the applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “hopes”, “intends”, “estimated”, “potential”, “possible” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. Forward-looking statements relate to future events or future performance and reflect TRX Gold management’s expectations or beliefs regarding future events and include, but are not limited to, statements with respect to anticipated gold production, anticipated capital and exploration expenditures, continued operating cash flow, expansion of its process plant, estimation of mineral resources, ability to develop value creating activities, recoveries, subsequent project testing, success, scope and viability of mining operations, and the timing and amount of estimated future production.

Although TRX Gold believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. The actual achievements of TRX Gold or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors. These risks, uncertainties and factors include general business, legal, economic, competitive, political, regulatory and social uncertainties; actual results of exploration activities and economic evaluations; fluctuations in currency exchange rates; changes in costs; future prices of gold and other minerals; mining method, production profile and mine plan; delays in exploration, development and construction activities; changes in government legislation and regulation; the ability to obtain financing on acceptable terms and in a timely manner or at all; contests over title to properties; employee relations and shortages of skilled personnel and contractors; the speculative nature of, and the risks involved in, the exploration, development and mining business. These risks are set forth in reports that TRX Gold files with the SEC and the various Canadian securities authorities. You can review and obtain copies of these filings from the SEC's website at http://www.sec.gov/edgar.shtml and the Company’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR+”) at www.sedarplus.ca.

The disclosure contained in this press release of a scientific or technical nature relating to the Company’s Buckreef Project has been summarized or extracted from the technical report prepared in accordance with NI 43-101 – Standards of Disclosure for Mineral Projects on the Buckreef Gold Project (“Buckreef Gold”) titled Preliminary Economic Assessment and Updated Mineral Resource Estimate of the Buckreef Gold Mine Project, Tanzania (“PEA”) with an effective date of April 15, 2025. The PEA was prepared in accordance with NI 43-101 guidelines by P&E Mining Consultants Inc. (“P&E”). Input to this PEA was also provided by D.E.N.M. Engineering Ltd. (“D.E.N.M.”). The information contained herein is subject to all of the assumptions, qualifications and procedures set out in, and is qualified in its entirety by reference to the full text of, the PEA and reference should be made to the full details of the PEA which has been filed with the applicable regulatory authorities and is available on the Company’s profile at www.sedarplus.ca.

The information contained in this press release is as of the date of the press release and TRX Gold assumes no duty to update such information.

1 Refer to “Non-IFRS Performance Measures” section.
2 Base case NPV5% of US$701.0 million pre-tax, or US$442.2 million after tax at consensus forecast case gold prices (US$2,707/oz year 1, US$2,646/oz year 2, US$2,495/oz year 3, US$2,400/oz year 4, US$2,245/oz thereafter).
3 Base case NPV5% of US$701.0 million pre-tax, or US$442.2 million after tax at consensus forecast case gold prices (US$2,707/oz year 1, US$2,646/oz year 2, US$2,495/oz year 3, US$2,400/oz year 4, US$2,245/oz thereafter).

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/0548376f-b732-4e8d-9261-8e6a6d11e73d

https://www.globenewswire.com/NewsRoom/AttachmentNg/914e8032-cad6-49a0-ba3f-2bdb79ac6665

https://www.globenewswire.com/NewsRoom/AttachmentNg/386c0025-0828-4f72-abcb-293c7bb33131

https://www.globenewswire.com/NewsRoom/AttachmentNg/833647dd-aa8d-47bd-b725-54436bf10e0d

https://www.globenewswire.com/NewsRoom/AttachmentNg/60cbc31b-2b7e-4f6f-9b77-ae5ac0b7d399

https://www.globenewswire.com/NewsRoom/AttachmentNg/b1389efa-cf43-48a2-a7eb-458f787a171a

https://www.globenewswire.com/NewsRoom/AttachmentNg/834d6547-5b4c-400c-a94f-152d632276c9

https://www.globenewswire.com/NewsRoom/AttachmentNg/bae01cbe-d846-42f7-8176-1556ccbc91cd
2025-12-02 11:19 29d ago
2025-12-02 06:15 29d ago
Wealthfront Announces Launch of Initial Public Offering stocknewsapi
WLTH
PALO ALTO, Calif., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Wealthfront, a tech-driven financial platform helping digital natives turn their savings into wealth, today announced that it has launched the roadshow for its proposed initial public offering of its common stock. Wealthfront has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) to offer 34,615,384 shares of its common stock to the public. The offering consists of 21,468,038 shares of common stock being offered by Wealthfront and 13,147,346 shares of common stock being offered by existing stockholders (the “Selling Stockholders”). Wealthfront will not receive any proceeds from the sale of shares by the Selling Stockholders. In addition, Wealthfront intends to grant the underwriters a 30-day option to purchase up to an additional 5,192,308 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $12.00 to $14.00 per share. Wealthfront has applied to list its common stock on the Nasdaq Global Select Market under the ticker symbol “WLTH.”

Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the proposed offering. Citigroup, Wells Fargo Securities, and RBC Capital Markets are acting as active book-running managers, and Citizens Capital Markets, Keefe, Bruyette & Woods, A Stifel Company, and KeyBanc Capital Markets are acting as co-managers for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained from: Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at [email protected]; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected] and [email protected].

A registration statement on Form S-1 relating to the proposed sale of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended, and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Wealthfront

Wealthfront is a tech-driven financial platform helping digital natives turn their savings into wealth. Wealthfront’s broad suite of products, including cash management, investing, borrowing, and financial planning solutions, address the diverse needs of its clients regardless of the economic environment. Wealthfront pioneered using automation to offer low-cost diversified portfolios, and the company’s software-driven platform allows it to deliver solutions to clients quickly, conveniently, and at low cost.

Contact: [email protected]
2025-12-02 11:19 29d ago
2025-12-02 06:15 29d ago
Best Growth Stocks to Buy for Dec.2 stocknewsapi
ALL CMC SANM
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 2: 

The Allstate Corporation (ALL - Free Report) : This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.3% over the last 60 days.

The Allstate Corporation has a PEG ratio of 0.40 compared with 1.70 for the industry. The company possesses a Growth Score of B. 

Sanmina Corporation (SANM - Free Report) : This global provider of electronics contract manufacturing services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

Sanmina Corporation has a PEG ratio of 0.64 compared with 1.96 for the industry. The company possesses a Growth Scoreof A. 

Commercial Metals Company (CMC - Free Report) : This steel manufacturing and recycling company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.4% over the last 60 days.

Commercial Metals Company has a PEG ratio of 0.42 compared with 0.69 for the industry. The company possesses a Growth Scoreof B. 

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.
2025-12-02 11:19 29d ago
2025-12-02 06:17 29d ago
Amid the Bitcoin pandemonium, on leading bank says investors need to get exposure stocknewsapi
MS
About Ian Lyall
Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually.
Prior to Proactive, Ian helped lead the business output at the Daily... Read more

About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.

Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.
2025-12-02 10:19 29d ago
2025-12-02 04:11 29d ago
TotalEnergies, Tree Energy, Japanese firms to jointly develop synthetic LNG in US stocknewsapi
TTE
French oil major TotalEnergies and its partner Tree Energy Solutions will jointly develop synthetic methane with Japanese firms Osaka Gas, Toho Gas and Itochu at a facility in the U.S. state of Nebraska, it said on Tuesday.
2025-12-02 10:19 29d ago
2025-12-02 04:12 29d ago
Billionaire Ken Griffin Buys an Index Fund That's Crushing Bitcoin, Nvidia, and the S&P 500 in 2025 stocknewsapi
GLD
The SPDR Gold Shares ETF has easily outperformed Bitcoin, Nvidia, and the entire S&P 500 this year.

Billionaire Ken Griffin runs Citadel Advisors, a hedge fund that outperformed the S&P 500 (^GSPC 0.53%) by 7 percentage points over the last three years. Even more impressive, he is the most successful hedge fund manager in history as measured by net gains (after fees) since inception, according to LCH Investments.

One of Griffin's more noteworthy trades in the third quarter was starting a position in the SPDR Gold Shares ETF (GLD +0.48%), an index fund that has returned 60% year to date. Comparatively, Nvidia has returned 32%, Bitcoin has declined 2%, and the S&P 500 has gained 16%.

Importantly, while Citadel's position in the SPDR Gold Shares ETF is rather small, the hedge fund also owns call options on the fund. Those contracts, which afford Citadel the right but not the obligation to buy shares at a predetermined price, are collectively the fourth-largest position in the portfolio.

Also important, Griffin is not the only hedge fund billionaire to increase his exposure to gold during the third quarter. Israel Englander of Millennium Management and Paul Tudor Jones of Tudor Investment also added to their positions. Should you follow their lead?

Image source: Getty Images.

The SPDR Gold Shares ETF is a convenient way for investors to participate in the gold market
The SPDR Gold Shares ETF is an exchange-traded fund managed by State Street. It tracks gold prices by holding physical bullion in vaults and issuing shares. The primary benefit for investors is the ability to participate in the gold market without the inconvenience (and extra costs) associated with buying, transporting, and storing gold bullion.

State Street says, "Gold has demonstrated a low and negative correlation to many financial asset indexes over time and has a track record of providing a hedge during periods of large market drawdowns, systemic risk, and geopolitical volatility." Indeed, the S&P 500 fell by an average of 39% during the last three bear markets, but the SPDR Gold Shares ETF added an average of 4% during those events.

Today's Change

(

0.48

%) $

1.87

Current Price

$

389.75

Investors buy gold in times of economic distress, and Goldman Sachs anticipates more upside
Gold prices depend on supply and demand. The annual growth in the above-ground gold supply has been 1.5% to 2.5% for decades, meaning the available supply changes very little in any given year. That makes demand the most consequential variable, and demand increases during times of economic distress.

Specifically, investors often buy gold when they are worried about inflation or a recession. President Donald Trump has stoked those concerns by imposing tariffs and attempting to influence the Federal Reserve's monetary policy, as detailed below:

Trump on several occasions has contemplated firing Fed Chair Jerome Powell. Doing so would undermine the central bank's independence, which would erode confidence in future monetary policy decisions and the U.S. dollar.
Trump imposed severe tariffs that have raised the average tax on U.S. imports to its highest level since the 1930s. The president claims tariffs will make America richer, but empirical evidence says they will ultimately hurt economic growth.

The bullet points above explain why demand for gold has skyrocketed this year. Investors must now ask themselves whether demand will keep climbing, or whether the market has already priced in concerns about Trump's trade policies and attempts to undermine the independence of the Federal Reserve.

No one truly knows the answer to that question, but Goldman Sachs estimates the price of gold will reach $4,745 per troy ounce in the next 12 months. That implies 13% upside from the current price of $4,200 per troy ounce. But J.P. Morgan analysts think demand for gold is currently driven (in part) by momentum, and those trades "eventually run out of steam."

Personally, I think investors can buy a small position in the SPDR Gold Shares ETF today, but I worry the significant price appreciation seen this year sets the stage for a drawdown at some point in the not-too-distant future.
2025-12-02 10:19 29d ago
2025-12-02 04:13 29d ago
BP Pulls Out of Hydrogen Project in Northern England stocknewsapi
BP
The energy group pulled its application to develop H2Teesside on Monday, citing a rival plan for a data center on the same site.
2025-12-02 10:19 29d ago
2025-12-02 04:13 29d ago
Apple privacy concerns rise as India orders mandatory installation of cyber safety app stocknewsapi
AAPL
Apple is reportedly not planing to comply with India's decision to require smartphone makers to preload a state-run cyber safety app on all new devices.
2025-12-02 10:19 29d ago
2025-12-02 04:26 29d ago
LVMH Appoints Pietro Beccari as Chair, CEO of Fashion Group stocknewsapi
LVMHF LVMUY
Pietro Beccari will replace Sidney Toledano as chair and chief executive of the fashion group, which houses brands including Kenzo, Loewe and Marc Jacobs.
2025-12-02 10:19 29d ago
2025-12-02 04:26 29d ago
2 Growth Stocks With More Room to Run to Buy Ahead of 2026 stocknewsapi
NFLX VEEV
Some investors are jumping ship. Here's why you shouldn't.

It's been a pretty good year for Netflix (NFLX +1.44%) and Veeva Systems (VEEV +0.05%), with both stocks slightly outperforming broader equities since January. However, some might worry about recent pullbacks for both stocks. Could there be issues that will further sink their share prices and disrupt their prospects?

My view is that Netflix and Veeva Systems have excellent outlooks that should allow them to outperform the market, once again, over the long run, despite recent dips. Here's what investors need to know.

Image source: Getty Images.

1. Netflix
Netflix's third-quarter results slightly disappointed investors due to an unexpected tax expense, which led to lower-than-anticipated net income. It then made even more noise when it announced and implemented a 10-for-1 stock split. This move doesn't improve a company's underlying operations, but it often reveals that management has confidence in the business's near-term prospects.

The confidence is justified. The streaming specialist has been firing on all cylinders and could see a significant boost over the next 12 months as new launches or events lead to more subscribers, engagement, and a boost in sales within its still relatively new ad business. Netflix is releasing the final season of its hugely popular show Stranger Things, for instance, and will host live NFL games on Christmas Day for the second consecutive year.

This live event should attract a large audience and advertisers, potentially driving Netflix's sales higher. And beyond the next year, Netflix still has plenty of room to grow in the streaming market.

Today's Change

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Streaming has gained significant traction over the past decade, but other forms of entertainment, particularly cable, are alive and well. Netflix's goal is to replace cable, so there is plenty more work to be done. But what about the competition? The company has thrived despite the changing competitive landscape thanks to at least two factors. First, Netflix has a strong brand name associated with streaming. That's where people gravitate toward the most. That's why it remains the leader in television viewing time among its relevant competitors.

Second, Netflix's extensive ecosystem and the data it has access to continue to enable it to craft a winning content strategy, providing a beautiful example of the network effect. These two factors grant Netflix a significant competitive edge and should allow it to be one of the primary beneficiaries of the remaining $650 billion opportunity the company sees across the markets it serves.

And investors shouldn't worry too much about the lower-than-expected third-quarter net income, as the tax expense it incurred should be a one-time thing and won't impact its results moving forward. So, Netflix could perform well heading into 2026, but more importantly, the company's long-term prospects are attractive.

2. Veeva Systems
Veeva Systems isn't the best-known cloud computing company. But it is the top player in the life sciences niche of the industry. Focusing on this single market has some disadvantages. Veeva Systems' cloud services aren't well-suited to the demands of most corporations outside the pharmaceutical, biotech, and medtech sectors. However, there is also a significant advantage.

Since Veeva Systems develops its cloud solutions with the unique demands of its clients and their industry in mind -- which include data integrity, patient confidentiality, and stringent regulatory oversight -- it has become one of the go-to providers for many of the largest companies in the sector it targets. Veeva Systems' client list includes notable companies such as Merck and Eli Lilly, among others.

The results of the company's strategy have been increased adoption of its services and strong financial results. In the third quarter of its fiscal year 2026, ending on Oct. 31, the company's revenue increased 16% year over year to $811.2 million, while its adjusted earnings per share came in at $2.04, up from the $1.75 reported in the year-ago period.

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Veeva Systems' shares dropped despite strong results due to its guidance that implies lower growth than analysts had expected, coupled with the company potentially losing some major clients. Despite these challenges, there are excellent reasons to stick with Veeva Systems. Earlier this year, it achieved its goal of reaching an annual revenue run rate of $3 billion by 2025. It plans to double that total by 2030.

Veeva has generally met these targets on time or ahead of schedule. Doubling its revenue by 2030 would imply top-line growth in the mid-teens through the end of the decade, which is still a strong rate of growth. Furthermore, even an annual revenue of $6 billion would leave plenty of room for growth, as it estimates a total addressable market of $20 billion.This vast opportunity is a major reason Veeva Systems' long-term outlook is attractive.

Lastly, Veeva Systems should continue innovating and launching new services, as it has in the past. The company is gearing up to release Veeva AI, a suite of AI tools designed specifically for life science companies to help them boost productivity and efficiency, including in areas such as preparing clinical trials.

Veeva Systems might see strong adoption of this new launch next year, and over the medium term, it's yet another tool that makes it one of the best choices in its niche of the cloud market. These are all reasons why Veeva Systems' stock is a buy.
2025-12-02 10:19 29d ago
2025-12-02 04:30 29d ago
Siren Secures Investment to Advance AI-Driven Investigations for National Security stocknewsapi
ESTC
GALWAY, Ireland--(BUSINESS WIRE)---- $ESTC #AIForGood--Siren, the all-in-one investigation company, today announced a strategic investment from Elastic (NYSE: ESTC), the company behind Elasticsearch. The investment deepens a decade-long partnership between the two companies and accelerates development of Siren's AI-driven platform, including Siren's newly launched K9 AI Companion, used by national security, law enforcement, and financial crime agencies worldwide. The partnership combines the Elasticsearch Platform,.
2025-12-02 10:18 29d ago
2025-12-02 04:37 29d ago
Uniti Group: A Critical Piece Of The AI Value Chain stocknewsapi
UNIT
Uniti Group Inc. is rated a buy after Q3, following a transformative merger and a pivot to become a premier insurgent fiber provider. UNIT's new structure, operational synergies, and leadership improvements position it for aggressive growth, especially in fiber and AI-driven connectivity markets. Kinetic division shows strong subscriber and penetration growth, while Fiber Infrastructure benefits from hyperscaler demand and high-margin deals.
2025-12-02 10:18 29d ago
2025-12-02 04:38 29d ago
SoftBank's Son ‘was crying' about the firm's need to sell its Nvidia stake stocknewsapi
NVDA SFTBF SFTBY
SoftBank Group founder Masayoshi Son on Monday downplayed the decision to offload the conglomerate's entire Nvidia stake, saying he "was crying" over parting with the shares.

Speaking at a forum in Tokyo Monday, Son addressed SoftBank's November disclosure that the firm had sold its holding in the American chip darling for $5.83 billion. 

According to Son, SoftBank wouldn't have made the move if it didn't need to bankroll its next artificial intelligence investments, including a big bet on OpenAI and data center projects. 

"I don't want to sell a single share. I just had more need for money to invest in OpenAI and other projects, Son said during the FII Priority Asia forum. "I was crying to sell Nvidia shares."

Son's comments are consistent with what analysts and other Softbank executives said in November, describing the sale as part of broader efforts to bolster SoftBank Vision Fund's AI war chest.

SoftBank has doubled down on its AI plans this year with a series of projects, including work on Stargate Project data centers and the acquisition of U.S. chip designer Ampere Computing.

The Japanese giant could also "potentially" increase its investment in OpenAI depending on the performance of the ChatGPT maker and the valuation of further rounds, a person familiar with the matter previously told CNBC.

Earlier this year, Son said that SoftBank was "all in" on OpenAI and predicted the AI startup would one day become the most valuable company in the world. 

So far, that bet has reaped some dividends, with SoftBank reporting last month that its second-quarter net profit more than doubled to 2.5 trillion yen ($16.6 billion), driven by valuation gains in its OpenAI holdings.

However, SoftBank's massive AI bets come amid growing fears and jitters in markets about a potential AI bubble. 

In his Monday talk, Son also pushed back against these concerns, arguing that those who talk about an AI bubble are "not smart enough."

He predicted that "super [artificial] intelligence" and AI robots will generate at least 10% of global gross domestic product over the long term, which he said would outweigh trillions of dollars of investment into the technology.