logo
Tony G Co-Investment Holdings Announces Appointment of CEO

Tony G Co-Investment Holdings Announces Appointment of CEO

Globe and Mail10-06-2025
Toronto, Ontario--(Newsfile Corp. - June 10, 2025) - Tony G Co-Investment Holdings Ltd. (CSE: TONY) (the " Company" or " Tony G") is pleased to announce that Mr. Matt Zahab has been appointed the Chief Executive Officer and a director of the Company effective June 8, 2025. In connection therewith, Mr. Gediminas Klepackas resigned as the Interim Chief Executive Officer of the Company and was appointed the Chief Operating Officer of the Company.
Mr. Zahab is a technology professional with a proven track record in helping companies grow, and specializes in marketing, growth, strategy, and sales. Mr. Zahab is currently the Chief Marketing Officer and Podcast Host at CryptoNews.com; in this role, he leads strategic marketing initiatives and hosts the widely acclaimed "Cryptonews Podcast", where he engages with industry leaders to discuss emerging trends and innovations in blockchain technology.
"It's an honour to join the Company at such a pivotal time. Tony G has a proven track record as a visionary investor with bold convictions and global reach. I look forward to executing our strategic vision, exploring high-impact investment opportunities, and delivering long-term value for our shareholders. I'm thrilled to lead the Company into its next chapter."
For more information, please contact:
Gediminas Klepackas
Chief Operating Officer
Tel: (647) 365-2867
Email: contact@tony.holdings
This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. 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. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

North Peak to Investigate Economic Potential of Historic Dumps at Prospect Mountain Mine Complex
North Peak to Investigate Economic Potential of Historic Dumps at Prospect Mountain Mine Complex

Globe and Mail

time13 minutes ago

  • Globe and Mail

North Peak to Investigate Economic Potential of Historic Dumps at Prospect Mountain Mine Complex

Calgary, Alberta--(Newsfile Corp. - August 18, 2025) - North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (the " Company" or " North Peak") announces that it has begun investigations into the economic potential of the historic dumps within the Plan of Operations (PoO) of the Prospect Mountain Mine complex (the " Property"). The main dump, which sits in front of the main Diamond tunnel portal entrance is estimated to contain between 210,000-230,000 mt of material. Historical investigations from 2008 & 2010 included volume assessments, agitated leach and bulk density test work, have indicated that the material is fully oxidized and readily leachable with gold recoveries between 75-85%. Composite metallurgical samples from the various reports had feed grades averaging from a low of 0.76 g/t Au, 27.5 /t Ag to a high of 3.19 g/t, 34.46 g/t Ag (see the Company's Technical Report (described below) at pp. 42-44). The potential quantity and grade of the dump is conceptual in nature and there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource. North Peak will be initiating an aircore drill program on the dump to better characterize the grade distribution across the dump, which is expected to start in mid-September. A composite bulk sample will be sent to McLelland laboratories for metallurgical test work including column leach testing to allow a fuller investigation of the potential of the dumps for toll leach treatment offsite, which will take several months. "The Diamond Tunnel dump represents a potentially valuable asset to the Company, particularly given the current gold prices. If the test work is successful, and other key elements are in place, it could give the Company a revenue stream to offset future exploration expenses whilst the Company follows up on the excellent drill results from the 2024 drilling campaign and continues to explore and expand the potential of Prospect Mountain", commented Rupert Williams, CEO. East Side of Prospect Mountain: Main Diamond Mine portal entrance and dumps To view an enhanced version of this graphic, please visit: Review by Qualified Person, Quality Control and Reports Mr. David Pym, CGeol., Consulting Geologist for the Company, is the Qualified Person (QP), as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, who reviewed and approved scientific and technical disclosure in this press release. The Qualified Person has not reviewed the mineral tenure, nor independently verified the legal status and ownership of the Property or any underlying property agreements. The QP has not independently verified the data in the underlying historical reports referenced in this news release as the original samples and assay certificates are not available. In the QP's opinion, the metallurgical test work was carried out by reputable accredited laboratories and the results are largely in agreeance, giving reasonable confidence in the historical data. About North Peak The Company is a Canadian based gold exploration and development company listed on the TSX Venture Exchange under the symbol "NPR" and the OTCQB under the symbol "NPRLF". Launched by the founding team behind both Kirkland Lake Gold and Rupert Resources, the team has a strong track record of acquiring mining assets, applying modern exploration techniques and taking them into operational mines. North Peak's flagship property is the Prospect Mountain Mine complex which lies in the Battle Mountain Eureka trend, in an area known as the Southern Eureka Gold Belt, where three styles of mineralization have been identified, gold, silver Carlin style mineralization, Carbonate Replacement gold, silver, lead, zinc mineralization (CRD) and carbonate hosted Porphyry Related Skarn lead, zinc and gold mineralization associated with cretaceous intrusions. At the Property, the CRD mineralization is heavily oxidized to depths of at least 610m (2,000ft) below the top of the ridge line. A Plan of Operations is in place which covers part of the Property and entitles an operator to pursue surface exploration (totaling 189 acres), underground mining of up to 365,000 tons per annum and certain infrastructural works. A more complete description of the Property's geology and mineralization, including at the Wabash area, can be found in the NI 43-101 Technical Report (the "Technical Report") on the Prospect Mountain Property, Eureka County, Nevada, USA dated and with an effective date April 10, 2023, prepared by David Pym (Msc), CGeol. of LTI Advisory Ltd. and Dr Toby Strauss, CGeol, EurGeol., of Merlyn Consulting Ltd., which has been filed on SEDAR+ at under the profile of the Company and on the Company's website. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, timing and completion of any exploration on the Company's properties, estimates of mineralization from drilling, sampling and geophysical surveys, geological information projected from drilling and sampling results and the potential quantities and grades of the target zones, the potential for minerals and/or mineral resources and reserves, intentions, beliefs, and current expectations of the Prospect Mountain Mine complex and the Company, including with respect to the future business activities and operating performance of the Company that may be described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, 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, and the historical basis for current estimates of potential quantities and grades of target zones, as well as those risk factors discussed or referred to in the Company's Management's Discussion and Analysis for the year ended December 31, 2024 and the period ended March 31, 2025 available at many of which are beyond the control of the Company. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Volatus Aerospace: Delivering Today, Building for Tomorrow – Positioned as Canada's Leader in Sovereign Aerial Solutions
Volatus Aerospace: Delivering Today, Building for Tomorrow – Positioned as Canada's Leader in Sovereign Aerial Solutions

Globe and Mail

time43 minutes ago

  • Globe and Mail

Volatus Aerospace: Delivering Today, Building for Tomorrow – Positioned as Canada's Leader in Sovereign Aerial Solutions

TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT, OTCQX: TAKOF, Frankfurt: ABB) today provided a corporate update, highlighting its strong financial position, expanding roster of international contracts, and alignment with Canada's defense and industrial priorities. With disciplined execution and growing global demand for advanced aerial solutions, Volatus is demonstrating momentum today while building the foundation for long-term leadership. Canada's reinforced focus on NATO readiness, Arctic sovereignty, and domestic industrial capacity mirrors Volatus' core strengths in intelligence, surveillance and reconnaissance ('ISR'), such as border and maritime surveillance, wildfire response, and reforestation, areas where the company is already providing solutions alongside Canadian and NATO-aligned partners. 'We have entered a period of unprecedented opportunity for Canadian aerospace and defense technology, and Volatus is strategically positioned to lead,' said Glen Lynch, CEO of Volatus Aerospace. 'Our strong balance sheet, regulatory readiness, and unmatched operational capabilities give us the runway to scale both in Canada and globally. We will execute with discipline, directing our capital and expertise on profitable growth, focus on converting our $600 million sales pipeline into long-term, multi-year contracts, accelerating domestic capacity, and solving real-world challenges for our clients and partners.' Demonstrated Momentum Strong Financial Position – Approximately $20 million of cash on the balance sheet and strong working capital provide runway to execute. The company has attracted long-term institutional support from partners including Investissement Québec (IQ), Export Development Canada (EDC), and other Quebec-based institutions. Contract Wins – Delivered approximately $5 million in ISR and public safety contracts, including deliveries to NATO partners and emergency response agencies. Regulatory Readiness – Secured multiple regulatory approvals enabling expanded remote operations, materially increasing the company's addressable market across defense, public safety, and industrial applications. Strategic Partnerships – Collaborations with various OEMS in Canada, the US and Europe expand capabilities in surveillance, heavy-lift cargo, and geospatial markets. Execution Capacity – The Operations Control Centre (OCC) enables Volatus to respond credibly and at scale to Canadian and international RFPs. Positioned for Long-Term Leadership Volatus enters its next phase with the resources, partnerships, and credibility to scale domestically and internationally, recognizing that the market for advanced aerial solutions is accelerating now, not years from today. Aligned with National Priorities – Canada's defense commitments and industrial capacity push directly align with Volatus' strengths across ISR, maritime surveillance, wildfire response, and reforestation. Building Sovereign Capacity – Investment in design, production, and secure supply chains positions Volatus to anchor a Canadian hub for drone manufacturing and advanced aerial capabilities with export potential. Regulatory Tailwinds – Evolving frameworks and recent approvals are unlocking scalable remote operations and creating new channels for service expansion and long-term contracts. Expanding Globally – Recent ISR, training, and heavy-lift engagements with NATO-aligned partners demonstrate credibility to pursue larger, multi-year mandates. Commercializing Innovation – Advancing AI-enabled software, counter-drone solutions, and RPAS platforms including the Condor XL heavy-lift program to address urgent defense and environmental applications. Disciplined Growth – With a strong cash position and clear focus, Volatus is prioritizing profitable growth through solution sales, aerial services, and training while continuing to invest in future-ready technologies and evaluating potential accretive acquisition opportunities. With the convergence of geopolitical demand, evolving regulatory frameworks, and Canada's commitment to economic and security independence, Volatus is advancing its mission to deliver innovative aerial solutions for intelligence, cargo, and environmental applications. The Company remains committed to disciplined execution, profitable growth, and creating enduring shareholder value. About Volatus Aerospace With 100+ years of combined aviation expertise, Volatus Aerospace delivers innovative global aerial solutions for intelligence and cargo, utilizing both piloted and remotely piloted aircraft (RPAS/drones). Committed to efficiency, safety, and sustainability, Volatus offers a complete ecosystem of aerial solutions including remote operations, enterprise equipment sales, training, and aerial services to enhance real-world applications across industries. Forward-Looking Information: This news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information about the Shares-for-Debt Transaction, including information regarding TSXV final approval of the Shares-for-Debt Transaction. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to TSXV final approval of the Shares-for-Debt Transaction and including, but not limited to, those factors set forth in the Company's annual and quarterly management's discussion and analysis filed on Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Winnipeg woman says dog started fire by turning on stove under recall notice — twice
Winnipeg woman says dog started fire by turning on stove under recall notice — twice

CBC

timean hour ago

  • CBC

Winnipeg woman says dog started fire by turning on stove under recall notice — twice

Social Sharing A Winnipeg woman says she never imagined her dog could start a fire on her stove, but now she's warning the public that's just what happened — and she says she didn't find out a safety recall had been issued for her appliance until after the fire. Michelle Burkowski had new Samsung appliances, including a range, installed in May 2024, and says she was initially very pleased with them. But one day in May 2025, she came home to find her house filled with smoke and a fire burning on the range. "I ran into the kitchen to check on the dog, and that's when I noticed that there was a book on fire on top of the stove. And of course, I shouldn't have left the book on the stove," she said in an interview. She put the fire out and made sure her dog, Buster, was all right. That's when she realized Buster must have jumped up and turned on one of the knobs for a stove element, which were on the front of the appliance. When she told some friends what happened, they told her Samsung made covers for the knobs to prevent them from being unintentionally turned on. "I started to do a bit of research on it. That's when I went online and I saw that Samsung actually had a recall for this exact problem," Burkowski said. Health Canada issued a safety recall alert in August 2024 for certain Samsung electric ranges due to a fire hazard, noting both people and pets could "accidentally activate the front-mounted knobs on the ranges." The notice says owners should contact Samsung Canada to get a free set of knob locks or covers. It also says people with Wi-Fi enabled ranges can turn on notifications on a Samsung app to get alerts when a cooktop burner is turned on. Burkowski says after the stove fire, she removed the knobs from her Samsung range to keep the dog from accidentally turning the elements on. 2nd fire after oven turned on But that wasn't the only fire she had with the appliance. About a month later, while she was at work, there was a second fire, after she believes the dog somehow activated the oven switch. She said she had left some dry goods — chips or crackers — in the oven that caught fire. "I's easy for people to judge and say I shouldn't have done that … and I get it, I understand I shouldn't have done that, in hindsight," she said, but she puts some items in the oven to keep them away from her dog and cat. "I was completely shocked. I'd never thought in a million years that a dog would be able to turn the oven on," said Burkowski. "I love Buster, he is a great dog, but like, he's not the smartest dog.… So, in my head, he shouldn't be able to turn an oven on in that way, just by jumping on it. And if he can do that, then certainly a kid can." In a June 2024 case highlighted by the fire department in Colorado Springs, Colo., a dog put its feet on the front of a cooking range and ignited a fire. A home security video posted by the fire department shows boxes on the stove catching on fire. Dog ignites fire on electric stove 17 minutes ago The Colorado Springs Fire Department posted a video in 2024 of a fire that started when a dog put its paws on a stovetop and turned an element on, causing boxes on the stove to catch fire. A spokesperson for the midwestern U.S. fire department says the fire was extinguished, and the homeowner was treated for minor burns and smoke inhalation. Ashley Franco, a spokesperson for the Colorado Springs Fire Department, said the homeowner provided the video to help warn others about the issue. "Kitchen fires are one of the top causes of fires in Colorado Springs, and a lot of them are due to people leaving their stove on with food or even flammable objects on it," she said in an email to CBC. People who have pets or children should think about what appliances would be safest for their situation, she said, suggesting that stove models with knobs at the back would be a better option. 250 fires, 40 injuries reported in U.S. The Health Canada Samsung recall in August 2024 came two weeks after the United States Consumer Product Safety Commission issued a recall notice, which involved about 1.1. million Samsung units sold since 2013. Samsung had received over 300 reports of "unintentional activation of the front-mounted knobs by humans or pets," resulting in 250 fires — at least 18 of which "caused extensive property damage" — and 40 injuries, according to the U.S. commission's notice. Health Canada says that as of the end of July 2025, it had received 110 reports of unintentional activation of range elements involving the recalled Samsung ranges, thought to be due to the control knobs being activated too easily. Among the 110 reports, Health Canada says 62 mentioned a fire and four involved an injury. At the time of the recall, Health Canada noted Samsung reported that about 326,250 of the ranges had been sold in Canada between 2013 and August 2024. WATCH | Owner says dog started 2 kitchen fires by turning range on: How Buster the dog started 2 kitchen fires 17 minutes ago A Winnipeg woman says she never imagined her dog could start a fire on her stove, but now she's warning the public that's just what happened — and she says she didn't find out a safety recall had been issued for her appliance until it was too late. A spokesperson for Samsung declined to comment, but in a release at the time of the 2024 recall, Samsung Electronics Canada acknowledged "a fire hazard if flammable objects are left on top of the range." The release said Samsung Canada would provide customers with a set of free knob locks, or covers, to prevent the range from accidentally being turned on. Burkowski says she requested a set of knob covers after she learned about the recall. A package was shipped and delivered, but when she got home, it was gone, she said, leading her to believe it was stolen. Samsung told her she could not order another set of the knob covers, she said. She also said she doesn't know why she didn't get a notification about the safety recall when it was issued in 2024. She didn't register her purchase of the range oven with Samsung, she said. But Consumers Council of Canada executive director Ken Whitehurst says some people worry about privacy, and what will happen to their personal information and data when they register with a manufacturer. He thinks there could be far more proactive systems of registration for products that are under warranty. "At least with major appliances, the sellers, the retailers, actually have all the [buyer's] information. They have it for delivery purposes and all kinds of things," he said. "Maybe it should be a legal requirement that they simply register the sale so that the consumer will be informed if there's a product safety problem. Why is it the consumer's responsibility at all?" In addition to the Samsung ranges, Health Canada also issued a recall notice earlier this year for certain models of LG electric ranges, warning the front-mounted knobs on those models could also be activated by accidental contact from humans or pets. LG Electronics Canada said in a notice on its website that in co-operation with Health Canada, it was making a voluntary recall of certain ranges with front-mounted knobs.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store