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Toronto Star
18 minutes ago
- Toronto Star
NowVertical Group Announces Second Quarter 2025 Earnings Release Date and Financial Update Webinar
TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSXV: NOW) ('NowVertical' or the 'Company'), a leading data and AI solutions provider, will announce its 2025 second quarter results after the market close on Wednesday, August 27, 2025. This will be followed by a webinar on Thursday, August 28, 2025, at 10:00 AM EDT (7:00 AM PDT), to discuss the Company's financial results and provide a business outlook. Q2 2025 Financial Results Investor Webinar: NOW invites shareholders, analysts, investors, media representatives, and other stakeholders to attend our upcoming earnings webinar to discuss Q2 2025 results. Participants will include Sandeep Mendiratta, Chief Executive Officer; Christine Nelson, Interim Chief Financial Officer; and Andre Garber, Chief Development Officer. A live question-and-answer session will follow. Investor Webinar Registration: Time: Thursday, August 28, 2025, 10:00 AM Eastern Time (US and Canada) Registration Link: ARTICLE CONTINUES BELOW A recording of the webinar and supporting materials will be made available in the investor's section of the company's website at About NowVertical Group Inc. NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company's AI-Infused first party and third-party technologies. NowVertical is growing organically and through strategic acquisitions. For further details about NowVertical, please visit 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. For further information, please contact: Andre Garber, CDO IR@ +1(647) 947-0223 Investor Relations: Bristol Capital Ltd. Stefan Eftychiou stefan@ +1(905) 326-1888 x60 Forward-Looking Statements This news release contains forward-looking information and forward-looking information within the meaning of applicable Canadian securities laws (together 'forward-looking statements'), including, with respect to the availability of funds under the Facilities, the ability of NowVertical to utilize funds under the Facilities, the effect of the Facilities on NowVertical's operations contemplated in this press release on NowVertical's business, finances and operations. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies, certain of which are unknown. Forward-looking statements generally can be identified by the use of forward-looking words such as 'may', 'should', 'will', 'could', 'intend', 'estimate', 'plan', 'anticipate', 'expect', 'believe' or 'continue', or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by the forward-looking statements and the forward-looking statements are not guarantees of future performance. Forward-looking statements are qualified in their entirety by inherent risks and uncertainties, including: adverse market conditions; risks inherent in the data analytics and artificial intelligence sectors in general; regulatory and legislative changes; that future results may vary from historical results; inability to service the Company's debt; any inability to realize the expected benefits and synergies of acquisitions or dispositions; that market competition may affect the business, results and financial condition of the Company and other risk factors identified in documents filed by the Company under its profile at including the Company's management's discussion and analysis for the year ended December 31, 2024. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Toronto Sun
18 minutes ago
- Toronto Sun
LILLEY: In Buffalo, Americans wonder where their Canadian friends have gone
At the Trader Joe's in Amherst, there are a few Canadian plates. Staff there say they're serving fewer Canadian customers. As an American retailer that has yet to move into the Canadian market, Trader Joe's has a small but devoted cult following in Canada. Not even cheap beer is prompting Canadians to cross the border into New York State. (Brian Lilley photo) You'll still see Tim Hortons locations sitting on a street corner and Labatt Blue is still one of the most popular bars in this part of New York. One thing you see less of driving across Western New York, in Niagara Falls and Buffalo, is Ontario licence plates. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Canadians aren't coming the way they used to and the locals are noticing. 'It's not like it used to be,' said Nicole as she slung coffee, bacon and eggs at Mom's Diner on Military Rd. in Niagara Falls. 'We used to get a tonne, we don't anymore.' Down the street at Walmart, the back-to-school t-shirts start at $3.98, jeans at $12.98 and school supplies are cheap and plentul but parents aren't showing up like they used to. Even across the parking lot where Sam's Club is selling gas for C1.04 per litre, there was one Ontario plate in the long line for gas. At the Fashion Outlets of Niagara Falls, a mall built to effectively draw Canadians in with cheap prices –and where the Canadian flag still proudly flies — the familiar blue and white Ontario plate is no longer the near dominant sight it once was. Now, not all of this is due to Trump and tariffs, patterns have changed, and our dollar is weaker than it used to be. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Not even cheap beer is prompting Canadians to cross the border into New York State. (Brian Lilley photo) Four years ago, the Loonie traded at about 83 cents to the American dollar and between 2008 and 2011 was often at par or slightly higher than the greenback. On Wednesday, a Canadian dollar was worth 72 cents of American currency. Still, locals say things have shifted. At the Trader Joe's in Amherst, there are a few Canadian plates. As an American retailer that has yet to move into the Canadian market, Trader Joe's has a small but devoted cult following in Canada. 'You Canadians love our store,' said the cashier as I was checking out. 'But we don't see as many of you as we used to.' Sitting chatting over wings and a glass of Blue at the Anchor Bar around the corner, the bartender said that there has been a real drop over the past six months or so. This advertisement has not loaded yet, but your article continues below. 'It's not like it used to be,' Jackie said. She's hopeful that with minor hockey tournaments starting up soon, plus NHL games from the Buffalo Sabres and NFL games with the Bills, things could pick up soon. Southern Ontario is home to a devoted Bills followers who love to cross over for home games in the fall and early winter months. Driving down the QEW to the border, a large white SUV cruised ahead of me with Bills decals and Ontario plate showing he was a true 'Bill-iever' one of the nicknames Bills fans have given themselves. Beyond the anecdotal, there are the stats. So far this year, the Buffalo-Niagara region has seen 400,000 fewer Canadian visitors, a 15% drop year over year. According to Visit Buffalo Niagara visits have been down every month this year compared to 2024 with April and May each showing about a 21% decline. This advertisement has not loaded yet, but your article continues below. This past July, tourism officials were able to increase the number of visitors compared to June, but it was still lower than July 2024. At a news conference earlier this month, New York State Gov. Kathy Hochul joined local officials in declaring that President Donald Trump's comments against Canada — calling us the 51st state — and the imposition of tariffs was having a big impact on local tourism. 'There are real consequences on our towns and cities, and our people, but also the tourism industry is taking a hit,' Hochul said. 'Our cultural and sporting events, the downtown areas that people have visited for so long with ease coming over from Canada. Guess what, my friends? They don't want to come anymore because they've been insulted, disrespected by the President of the United States.' This advertisement has not loaded yet, but your article continues below. She noted the Explore and More Children's Museum in downtown Buffalo used to see 1,400 Canadian visitors a month, now they see 40. Talking to folks in the area, some understand why Canadians feel slighted, others are puzzled. They see us as good friends and neighbours, often family because when you live this close together for so long, it's unlikely that you don't have people marrying across the border. While Buffalo itself didn't vote for Trump, the counties around the city did, but not to pick a fight with Canada. Instead, they liked his promise of bringing back manufacturing jobs that used to provide the backbone of the local economy. Now these folks who still view us with fondness and consider us friends wonder when or if we are ever coming back. Toronto & GTA Columnists Ontario Celebrity Sunshine Girls
Globe and Mail
18 minutes ago
- Globe and Mail
New Found Gold Announces Results of Annual General and Special Meeting; Adds Experienced Mining Executive to Board; Restart of Exploration Activities at Queensway Gold Project
VANCOUVER, BC , /CNW/ - New Found Gold Corp. (" New Found Gold" or the " Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to welcome Tamara Brown to its board of directors (the " Board"). Following the Annual General and Special Meeting of the shareholders of New Found Gold (the " Shareholders") held in Vancouver, BC , on August 20, 2025 (the " Meeting"), the Board now comprises Paul Huet , Keith Boyle , William Hayden , Vijay Mehta , Melissa Render , Chad Williams and Tamara Brown . At the Meeting, disinterested Shareholders voted in favour of an ordinary resolution to approve the creation of Mr. Eric Sprott as a new "Control Person" (as defined by the policies of the TSX Venture Exchange (the " TSXV")). It is anticipated that Mr. Sprott will become a new Control Person upon closing of the previously announced non-brokered private placement of up to 12,269,939 common shares (the " Common Shares") at a price of C$1.63 per Common Share for gross proceeds of approximately C$20 million (the " Private Placement"). The Private Placement is anticipated to close by August 27 , 2025, subject to final approval of the TSXV and authorization of the NYSE American LLC (the " NYSE American"). In addition, resolutions regarding the following matters were passed by the requisite majority at the Meeting: fixing the number of directors at seven; appointing KPMG LLP, Chartered Professional Accountants, as auditor of the Company at a remuneration to be fixed by the Board; approving the amendment of "10% rolling" stock option plan of the Company; and approving the "5% rolling" share unit plan of the Company. The Meeting did not consider any matters that were not presented in the management information circular, dated July 8, 2025 , that was filed in connection with the Meeting. Paul Huet , Chairman of New Found, stated " On behalf of the Board of Directors, I would like to welcome Tamara to New Found Gold. With her extensive capital markets experience and depth of knowledge of the mining industry as both a mining executive and a professional engineer, Tamara's addition to the Board continues to strengthen the team and the Company as a whole." This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any jurisdiction in which such offer or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Resumption of Heavy Equipment Exploration Activities As a result of a reduction of the Fire Weather Index in the area of the Company's 100% owned Queensway Gold Project (" Queensway"), Newfoundland and Labrador, Canada , exploration activities involving the use of heavy equipment in or near forested areas, including, drilling, mulching and excavating, have restarted at Queensway. These activities had previously been suspended as a precaution against regional forest fire risks (see the New Found Gold news release dated August 13, 2025). Keith Boyle , Chief Executive Officer, stated: " The Fire Weather Index across Newfoundland has been reduced to acceptable levels. With weather conditions favourable and the Fire Weather Index within operational limits, exploration activities will resume immediately. The Company will continue to monitor the situation and implement additional measures to mitigate forest fire risks. The New Found Gold team once again extends its thanks to the firefighters for their hard work in maintaining community safety ." About New Found Gold Corp. New Found Gold holds a 100% interest in Queensway, located in Newfoundland and Labrador, Canada , a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce. The Company has completed an initial mineral resource estimate (" MRE") and preliminary economic assessment (" PEA") at Queensway (see New Found Gold news release dated March 24, 2025 and July 21, 2025 ). Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the 175,450 ha project that covers a 110 km strike extent along two prospective fault zones. New Found Gold has a new management team in place, a solid shareholder base, which includes a 19% holding by Eric Sprott , and is focused on growth and value creation at Queensway. Keith Boyle , Chief Executive Officer New Found Gold Corp. Contact: For further information on New Found Gold, please visit the Company's website at contact us through our investor inquiry form at Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Forward Looking Statement Cautions This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, relating the Private Placement, including the timing of closing thereof, if at all; and the approval by the TSXV and authorization of the NYSE American of the Private Placement. 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 statements that are not historical facts; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "interpreted", "intends", "estimates", "projects", "aims", "suggests", "indicate", "often", "target", "future", "likely", "encouraging", "pending", "potential", "goal", "objective", "opportunity", "prospective", "possibly", "preliminary", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward- looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV or the NYSE American, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward- looking statements include risks associated with the Company's receiving all the approvals necessary for completion of the Private Placement and the timing of such approvals. The reader is urged to refer to the Company's Annual Information Form and Management's discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at for a more complete discussion of such risk factors and their potential effects.
