
Jushi Holdings Inc. Updates Call Time to 4:00 p.m. Eastern Time to Report First Quarter 2025 Financial Results on May 8, 2025
BOCA RATON, Fla., May 02, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. ('Jushi' or the 'Company') (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2025, after the market closes on Thursday, May 8, 2025.
Management has updated the time of its call and will host a conference call and audio webcast on Thursday, May 8, 2025, at 4:00 p.m. ET to discuss the Company's financial results.
For interested individuals unable to join the conference call, a webcast of the call will be available until June 8, 2025 and can be accessed via webcast on Jushi's Investor Relations website.
About Jushi Holdings Inc.
We are a vertically integrated cannabis company led by an industry-leading management team. Jushi is focused on building a multi-state portfolio of branded cannabis assets through opportunistic acquisitions, distressed workouts, and competitive applications. Jushi strives to maximize shareholder value while delivering high-quality products across all levels of the cannabis ecosystem. For more information, visit jushico.com or our social media channels, Instagram, Facebook, X, and LinkedIn.
For further information, please contact:

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Cision Canada
4 hours ago
- Cision Canada
Fireweed Closes $5.6 Million Final Tranche of Non-Brokered Financing
VANCOUVER, BC, June 25, 2025 /CNW/ - FIREWEED METALS CORP. (" Fireweed" or the " Company") (TSXV: FWZ) (OTCQX: FWEDF) is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement offering (" Non-Brokered Offering") for additional gross proceeds of $5,624,033 from the issuance of 3,124,463 common shares of the Company (" Shares") at a price of $1.80 per Share to Nemesia S.à.r.l., a company controlled by trusts settled by the late Adolf H. Lundin (the " Lundin Family Trust"), following receipt of the requisite shareholder approval received at a special meeting of shareholders held on June 25, 2025 whereby disinterested shareholders approved the Lundin Family Trust as a Control Person of the Company (as such term is defined in the policies of the TSX Venture Exchange). This closing marks the completion of Fireweed's overall financing, which raised total gross proceeds of $60 million through a combination of brokered and non-brokered offerings. Brokered Offering On May 28, 2025, the Company closed an upsized brokered private placement financing (the " Brokered Offering") of $46 million consisting of: 12,545,000 critical mineral charity flow-through common shares (" CM FT Shares") of the Company at a price of $2.79 per CM FT Share for aggregate gross proceeds of $35,000,550. 4,281,000 non-critical mineral charity flow-through common shares (" NCM FT Shares") of the Company at a price of $2.57 per NCM FT Share for aggregate gross proceeds of $11,002,170. The proceeds from the Brokered Offering have been and will be used for exploration and development of the Company's projects in northern Canada. The aggregate gross proceeds raised from the NCM FT Shares will be used on or before December 31, 2026, for general exploration expenditures which will constitute Canadian exploration expenses (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the " Tax Act")) and as "flow-through mining expenditures" under the Tax Act. The aggregate gross proceeds raised from the CM FT Shares will be used on or before December 31, 2026 for general exploration expenditures which will constitute Canadian exploration expenses (within the meaning of subsection 66(15) of the Tax Act) and as "flow-through critical mineral mining expenditures" within the meaning of the Tax Act. Non-Brokered Offering In addition to the Brokered Offering, the Company raised total gross proceeds of $14 million under the Non-Brokered Offering through two tranches of common share issuances: On May 28, 2025, the Company closed the first tranche for gross proceeds of $8,376,007 from the issuance of 4,653,337 Shares at a price of $1.80 per Share. On June 25, 2025, the Company closed the second and final tranche for gross proceeds of $5,624,033 from the issuance of 3,124,463 Shares at a price of $1.80 per Share. The proceeds from the Non-Brokered Offering have been and will be used for exploration and development of the Company's projects in northern Canada as well as for working capital and general corporate purposes. The Shares issued pursuant to the Non-Brokered Offering are subject to a four-month plus one day hold period under applicable Canadian securities laws, commencing on the respective closing dates of each tranche, being May 28, 2025 for the first tranche and June 25, 2025 for the second tranche. The securities being offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States. As the Lundin Family Trust is a "related party" of the Company as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101"), their participation in the Non-Brokered Financing is considered a "related party transaction" (as defined in MI 61-101). Such participation was exempt from the formal valuation and minority shareholder approval requirements under Sections 5.5(a) and 5.7(1)(a) of MI 61-101 as neither the fair market value of the securities acquired by the Lundin Family Trust, nor the consideration for the securities paid by the Lundin Family Trust, exceeded 25% of the Company's market capitalization (as calculated in accordance with MI 61-101). About Fireweed Metals Corp. Fireweed is an exploration company focused on unlocking value in a new critical metals district located in Northern Canada. Fireweed is 100% owner of the Macpass District, a large and highly prospective 985 km 2 land package. The Macpass District includes the Macpass zinc-lead-silver project and the Mactung tungsten project. A Lundin Group company, Fireweed is strongly positioned to create meaningful value. Fireweed trades on the TSX Venture Exchange under the trading symbol "FWZ", on the OTCQX Best Market under the symbol "FWEDF", and on the Frankfurt Stock Exchange under the trading symbol "M0G". Additional information about Fireweed and its projects can be found on the Company's website at and at ON BEHALF OF FIREWEED METALS CORP. " Ian Gibbs" CEO 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 Statements Forward Looking Statements This news release contains "forward-looking" statements and information ("forward-looking statements"). All statements, other than statements of historical facts, included herein, including, without limitation, statements relating use of proceeds from the Brokered Offering and the Non-Brokered Offering, statements relating to interpretation of drill results, targets for exploration, potential extensions of mineralized zones, geophysical anomalies, future work plans, and the potential of the Company's projects, are forward looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include but are not limited to, exploration and development risks, unanticipated reclamation expenses, expenditure and financing requirements, general economic conditions, changes in financial markets, the ability to properly and efficiently staff the Company's operations, the sufficiency of working capital and funding for continued operations, title matters, First Nations relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships with vendors and strategic partners, governmental regulations and oversight, permitting, seasonality and weather, technological change, industry practices, uncertainties involved in the interpretation of drilling results and laboratory tests, and one-time events. The Company assumes no obligation to update forward–looking statements or beliefs, opinions, projections or other factors, except as required by law.


Cision Canada
5 hours ago
- Cision Canada
ARIANNE PHOSPHATE ANNOUNCES PARTICIPATION IN GRANT AWARD FROM THE GOVERNMENT OF QUEBEC Français
SAGUENAY, QC, June 25, 2025 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSXV: DAN) (OTCQX: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, is pleased to announce that Minister Blanchette Vezina, Minister of Natural Resources and Forests, recently announced the awarding of several grants totalling over $750,000 for R&D projects in the circular economy of critical and strategic minerals. As part of these grants, Arianne, with two other companies, received funding to participate in a project aimed at strengthening the supply chain for local integration of the Lithium-Iron-Phosphate ("LFP") sector in Quebec. For Arianne, the objective is to reduce the environmental impact and production costs associated with the optimization of inputs and processes association with lithium-iron-phosphate production using purified phosphoric acid. In 2024, both the Quebec and Canadian governments added the phosphate-bearing mineral apatite to their respective critical mineral lists. As well, in June of 2024, Arianne published a prefeasibility study on a downstream facility to produce purified phosphoric acid ("PPA") from high-purity phosphate concentrate. PPA is a necessary ingredient for use in both the food industry and advanced battery technologies. Considerable interest has been shown in advanced battery technologies and the growing use of LFP batteries in both electric vehicles and energy storage systems. In 2024, the LFP battery became the most widely used battery chemistry globally. Arianne's Lac à Paul deposit is geologically rare (igneous) allowing the Company to produce a phosphate concentrate that is ideally suited for integration into the LFP ecosystem and, the Company is widely regarded as having an opportunity to address the growing Western demand as supply chains shift from China. Discussions with industry players continue to advance and the Company has been active in this pursuit. Over the past month, Arianne has participated in several conferences and, is proud to be a Silver Sponsor and presenter at the Oreba3 battery technology conference to be held in Montreal July 6-8, 2025, to discuss the use of phosphate in the LFP battery and the opportunities for the Company. As well, Arianne has granted 600,000 stock options to Mr. Jeffrey Beck, CEO of Arianne Phosphate, in lieu of any salary or cash remuneration for his employment with the Company. These options entitle Mr. Beck to purchase one common share of the Company until June 23, 2035, at a price of $0.155 per share, this being the closing price of the Company's shares on the trading day of the grant. The options are subject to a vesting period and are also subject to regulatory approval. Mr. Beck added, "continuing to tie my remuneration to the future fortunes of the Company is a welcomed opportunity as prospects for the Company look very encouraging." About Arianne Phosphate: Arianne Phosphate ("Arianne Phosphate Inc.") ( is developing the Lac à Paul phosphate deposits located approximately 200 km north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high-quality igneous apatite concentrate grading 39% P 2 O 5 with little or no contaminants (Feasibility Study released in 2013). The Company has 213,714,811 shares outstanding. Qualified Person Raphael Gaudreault, eng., Qualified Person by Regulation 43-101, has approved this release. Mr. Gaudreault is also the Company's Chief Operating Officer. 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 Statements Regarding Forward Looking Information This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities regulations in Canada and the United States (collectively, "forward-looking information"). Forward-looking information includes, but is not limited to, anticipated quality and production of the apatite concentrate at the Lac à Paul project. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects, "is expected", "budget", "scheduled", "estimates", forecasts", "intends", "anticipates", or "believes", or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", or "will" be taken, occur or be achieved. Forward-looking information is subject to be known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: volatile stock price; risks related to changes in commodity prices; sources and cost of power facilities; the estimation of initial and sustaining capital requirements; the estimation of labor and operating costs; the general global markets and economic conditions; the risk associated with exploration, development and operations of mineral deposits; the estimation of mineral reserves and resources; the risks associated with uninsurable risks arising during the course of exploration, development and production; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support mining, processing, development and exploration activities; the risks associated with changes in the mining regulatory regime governing the Company; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued exploration and development activities at Lac à Paul project may not be available on satisfactory terms, or at all; the risk of potential dilution through the issue of common shares; the risk of litigation. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in commodity prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approval, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this press release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws. SOURCE Arianne Phosphate Inc.


The Market Online
11 hours ago
- The Market Online
Gold Report: A week awash in positive news flow
Euro Sun Mining (TSX:ESM) signed a copper concentrates prepayment facility for up to US$200 million to advance its Rovina Valley project in Romania, which boasts one of the world's largest undeveloped copper-gold deposits and the second-largest in all of Europe. Click here for the full story. By the ounce At the time of writing on Wednesday, the price of gold was US$3,337 per ounce, down from US$3,405 in our June 18 report, according to data from The Globe and Mail, as global markets rebound following a ceasefire between Israel and Iran. This week in gold LaFleur Minerals (CSE:LFLR) is on track to pour its first gold in 2026 at its Beacon mill in Quebec amid ongoing progress towards a preliminary economic assessment at its vastly untapped Swanson project. The 750-ton-per-day mill resides near numerous third-party gold deposits. Cygnus Metals (TSXV:CYG) received C$16.2 million in commitments from institutional and sophisticated investors. The funds will support resource growth, technical studies and permitting at its flagship Chibougamau copper-gold project in Quebec, which holds estimated resources of 306,000 tons of copper and 314,000 ounces of gold. New Gold (TSX:NGD) and Globex Mining (TSX:GMX) represent brightening opportunities to benefit from record gold prices, given their portfolios' long-term development runways and their stock prices' recently exponential trajectories. Top trending gold stocks Join the discussion: Find out what everybody's saying about the stocks in this week's gold report on Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.