Mullen Group Ltd. Announces Election of Directors
OKOTOKS, Alberta, May 07, 2025 (GLOBE NEWSWIRE) — (TSX: MTL) Mullen Group Ltd. ('Mullen Group', 'We', 'Our' and/or the 'Corporation') announced today the results of the vote on election of directors at the annual meeting of shareholders of the Corporation held on May 6, 2025.
The vote was conducted by ballot and the detailed results are as follows:
About Mullen Group Ltd.
Mullen Group is a public company with a long history of acquiring companies in the transportation and logistics industries. Today, we have one of the largest portfolios of logistics companies in North America, providing a wide range of transportation, warehousing and distribution services through a network of independently operated businesses. Service offerings include less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics and specialized hauling transportation. In addition, our businesses provide a diverse set of specialized services related to the energy, mining, forestry and construction industries in western Canada, including water management, fluid hauling and environmental reclamation. The corporate office provides the capital and financial expertise, legal support, technology and systems support, shared services and strategic planning to its independent businesses.
Mullen Group is listed on the Toronto Stock Exchange under the symbol 'MTL'. Additional information is available on our website at
www.mullen-group.com
or on the Corporation's issuer profile on SEDAR+ at
www.sedarplus.ca
.
Contact Information
Mr. Murray K. Mullen - Chair, Senior Executive Officer and President
Mr. Richard J. Maloney - Senior Operating Officer
Mr. Carson P. Urlacher - Senior Financial Officer
Ms. Joanna K. Scott - Senior Corporate Officer
121A - 31 Southridge Drive
Okotoks, Alberta, Canada T1S 2N3
Telephone: 403-995-5200
Fax: 403-995-5296
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
MedX Announces the Engagement of Market Maker Consultant
MISSISSAUGA, Ontario, June 12, 2025--(BUSINESS WIRE)--MedX Health Corp. ("MedX" or the "Company") (TSX-V: MDX) announces today the engagement of Red Cloud Securities Inc. ("Red Cloud") to provide market making services to the Company. Pursuant to the agreement between Red Cloud and MedX, Red Cloud will be paid a monthly flat fee of $5,000, payable in advance in cash for the period of June 15, 2025 to September 15, 2025, and continuing thereafter on a monthly basis. Either party may terminate the agreement with not less than thirty-days' notice to the other party. As part of the services to be rendered to the Company, Red Cloud undertakes to use its best efforts to (i) maintain a reasonable and consistent bid and offer spread for the Company's common stock, (ii) maintain a reasonable board lot size for the bid and the offer of the Company's common stock on the TSX Venture Exchange, and (iii) supply liquidity using its own cash in hand. The services will mainly be rendered by Mr. Adam Smith who is acting at arm's length to the Company. As of the date of this announcement, Red Cloud, together with Mr. Adam Smith, own securities of the Company in the form of common shares. The engagement of Red Cloud remains subject to the acceptance of the TSX Venture Exchange. About MedX Health Corp.: MedX, headquartered in Ontario, Canada, is a leading medical device and software company focused on skin health with its SIAscopy® on DermSecure® telemedicine platform, utilizing its SIAscopy® technology. SIAscopy® is also imbedded in its products SIAMETRICS®, SIMSYS®, and MoleMate®, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS®, SIMSYS®, and MoleMate® include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. These products are cleared by Health Canada, the U.S. Food and Drug Administration, the Therapeutic Goods Administration and Conformité Européenne for use in Canada, the U.S., Australia, New Zealand, the European Union and Turkey. Visit About Red Cloud Headquartered in Toronto, Ontario, Red Cloud is registered as an Investment Dealer in Ontario, Quebec, Alberta and British Columbia and is a member of the Investment Industry Organization of Canada (IIROC). It is focused on providing unique comprehensive capital market services and innovative financing alternatives to the junior resource sector. Red Cloud was founded by capital markets professionals who designed the firm to service public and private companies. This solution is a comprehensive platform that provides a full range of unconflicted corporate access services. Offering these services as a unified platform provides the ultimate value proposition for issuer clients. Neither 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. This Media Release may contain forward-looking statements, which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. View source version on Contacts MedX Health Druhan, President, Dermatological (+1) 905-599-7852 Sign in to access your portfolio
Yahoo
26 minutes ago
- Yahoo
Montage Gold Closes Second Tranche of Investment in African Gold
VANCOUVER, British Columbia, June 12, 2025 (GLOBE NEWSWIRE) -- Montage Gold Corp. ('Montage' or the 'Company') (TSX: MAU, OTCQX: MAUTF) is pleased to announce the closing of the second tranche of its previously announced strategic investment in African Gold Limited ('African Gold') (ASX:A1G). The strategic partnership consists of a share exchange transaction between Montage and African Gold (the 'Share Exchange Transaction') including the issuance to Montage of 92,377,787 fully paid ordinary shares of African Gold ('African Gold Ordinary Shares') at deemed issue price of A$0.07 per African Gold Ordinary Share, and the issuance to African Gold of 2,026,388 common shares of Montage ('Montage Common Shares') at a deemed issue price of C$2.87 per Montage Common Share. Montage and African Gold have closed Tranche 2 of the Share Exchange Transaction resulting in the issuance 46,358,146 African Gold Ordinary Shares to Montage, and the issuance to African Gold of 1,016,907 Montage Common Shares. The Montage Common Shares issued to African Gold are subject to a 4-month hold period that expires on October 13, 2025. In conjunction with closing the second tranche of investment in African Gold, Montage has entered into a technical services agreement with African Gold in relation to the management of operations at the Didievi Project, as well as a project rights agreement under which Montage is granted a right of first refusal in respect of African Gold's rights and interests in relation to the Didievi Project and adjacent Angoda Permit, including a right to acquire the minority interests in the Didievi Project upon any future exercise of African Gold's existing right of first refusal. ABOUT MONTAGE GOLD Montage Gold Corp. (TSX: MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné project, located in Côte d'Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the 'UFS'), the Koné project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in Q2-2027. QUALIFIED PERSONS STATEMENTThe scientific and technical contents of this press release have been verified and approved by Mr. Peder Olsen, a Qualified Person pursuant to NI 43-101. Mr. Olsen, President and Chief Development Officer of Montage, is a registered Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM). CONTACT INFORMATION For Investor Relations Inquiries:Jake CainStrategy & Investor Relations Managerjcain@ For Media Inquiries:John VincicOakstrom Advisorsjohn@ +1-647-402-6375 For Regulatory Inquiries:Kathy LoveCorporate Secretary klove@ FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking information and forward-looking statements within the meaning of Canadian securities legislation (collectively, 'Forward-looking Statements'). All statements, other than statements of historical fact, constitute Forward-looking Statements. Words such as 'will', 'intends', 'proposed' and 'expects' or similar expressions are intended to identify Forward-looking Statements. Forward-looking Statements in this press release include statements related to the Company's objectives of becoming a premier multi-asset producer; the timing and amount of future production from the Koné Gold Project; anticipated mine life of the Koné Gold Project. Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that any Forward-looking 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 uncertainties inherent in the preparation of mineral reserve and resource estimates and definitive feasibility studies such as the UFS, including but not limited to, assumptions underlying the production estimates not being realized, incorrect cost assumptions, unexpected variations in quantity of mineralized material, grade or recovery rates being lower than expected, unexpected adverse changes to geotechnical or hydrogeological considerations, or expectations in that regard not being met, unexpected failures of plant, equipment or processes (including construction equipment), delays in or increased costs for the delivery of construction equipment and services, unexpected changes to availability of power or the power rates, failure to maintain permits and licenses, higher than expected interest or tax rates, adverse changes in project parameters, unanticipated delays and costs of consulting and accommodating rights of local communities, environmental risks inherent in the Côte d'Ivoire, title risks, including failure to renew concessions, unanticipated commodity price and exchange rate fluctuations, delays in or failure to receive access agreements or amended permits, and other risk factors set forth in the Company's 2024 Annual Information form available at under the heading 'Risk Factors'. 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 Montage 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 press release are expressly qualified in their entirety by this cautionary in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Solution Financial Reports Q2 2025 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Solution Financial Inc. (TSX: SFI) (the "Company"), a leading provider of luxury and ultra luxury asset leasing in Canada, today announced its financial results for the second quarter ending April 30, 2025. Earnings Highlights for the Quarter: Net income for the quarter was $5,668 compared to a net loss of $29,046 in the comparative quarter in 2024. Adjusted net income(1) increased to $58,192 compared to Adjusted net income of $28,856 in the comparative quarter. Revenue increased to $2,710,162 compared to $2,233,770 in the comparative quarter. Total leasing portfolio remained relatively unchanged at $30,123,209 during the quarter. Operational Highlights for the Quarter: The Company returned to modest profitability Enhanced local program compliance materials Further streamlining of client quoting platform and automation "The second quarter was an encouraging step forward for us," said Bryan Pang, CEO of Solution Financial Inc. "We returned to profitability and posted over 20% year-over-year revenue growth, reflecting that demand for our luxury leasing solutions remains strong despite ongoing economic uncertainty. We also made meaningful progress on key initiatives—upgrading our quoting platform, expanding automation, and bolstering compliance frameworks across all our active regions. These operational improvements are supporting greater scale and efficiency across our business. As we look ahead, we remain focused on disciplined execution and long-term value creation through technology investment, risk-adjusted growth, and strategic relationship development." Financial Results Solution is reporting net income of $5,668 for the quarter ending April 30, 2025. This compares to a net loss of $29,046 per share for the quarter ending April 30, 2024. Adjusted net income, which is more reflective of actual cash earnings, for the quarter ending April 30, 2025, was $58,192(1) or $0.0007 per share compared to $28,856 or $0.0003 per share for the quarter ending April 30, 2024. Adjusted net income excludes the non-cash accretion expense related to right of use assets of $30,330, income tax provision of $7,350, amortization of $26,485, and provision for credit losses of $3,059. Lease Portfolio At April 30, 2025, Solution had 355 vehicles in its lease portfolio, a net increase of 3 vehicles over the quarter to bring the total lease portfolio value to $30.1 million. At April 30, 2025 the average remaining lease term for the portfolio was 1.95 years, weighted by net book value for each vehicle. At April 30, 2025, Solutions' 355 leases were generating annualized gross rental and lease cash flows of approximately $7.8 million. About Solution Solution Financial commenced operations in 2004 and specializes in sourcing and leasing luxury and exotic vehicles, yachts and other high value assets. Solution works with a select group of luxury automotive and marine dealerships providing lending solutions to clients who prefer more flexible leasing options than those traditionally offered by banks and other lease providers. Typical customers include new immigrants, business owners and international students who tend to upgrade their vehicles more frequently than traditional lease agreements allow. Solution Financial provides a unique leasing experience whereby it partners with its clients to help source limited edition and difficult to acquire vehicles as well as providing white glove services to clients for insuring, maintaining, upgrading, and reselling their vehicles. Note 1- Non-IFRS Financial Metrics Solution provides all financial information in accordance with International Financial Reporting Standards ("IFRS"). To supplement our consolidated financial statements presented in accordance with IFRS, we are also providing with this press release, certain non-IFRS financial measures, including Adjusted Net Income. In calculating these non-IFRS financial measures, we have excluded certain transactions that are not necessarily indicative of our ongoing operations or do not impact cash flows. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other issuers. These measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. Cautionary Statement Regarding Forward-Looking Statements This press release contains "forward-looking information" as defined under applicable Canadian securities laws. This information includes, but is not limited to, statements concerning our objectives, our strategies to achieve those objectives, as well as statements made with respect to management's beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as "outlook", "objective", "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue", or similar expressions suggesting future outcomes or events. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Although forward-looking information contained in this press release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information. Certain statements included in this press release may be considered a "financial outlook" for purposes of applicable Canadian securities laws, and as such the financial outlook may not be appropriate for purposes other than this press release. The forward-looking information contained in this press release is made as of the date of this press release and should not be relied upon as representing Solution's views as of any date subsequent to the date of this press release. Except as required by applicable law, management and Solution's Board of Directors undertake no obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise. For further information, please contact Sean Hodgins at (778) 318-1514. ON BEHALF OF THE BOARD (signed) "Bryan Pang"Bryan PangPresident, CEO and Director Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. 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 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
