Regenx Provides Bi-Weekly Update on Status of Management Cease Trade Order
The Corporation confirms that since the date of the Announcement: (i) there has been no material change to the information set out in the Announcement that has not been generally disclosed; (ii) the Corporation is satisfying and confirms that it intends to continue to satisfy the provisions of the 'alternative information guidelines' under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Annual Filings continues, each of which will be issued in the form of a news release; (iii) there has not been any other specified default by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no material information concerning the affairs of the Corporation that has not been generally disclosed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Toronto Star
5 minutes ago
- Toronto Star
Terra Balcanica Closes Fully Subscribed LIFE Offering
Vancouver, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — Terra Balcanica Resources Corp. ('Terra' or the 'Company') (CSE:TERA; FRA:UB1) is pleased to announce the closing of the second and final tranche of its non-brokered, listed issuer financing exemption private placement (the 'Private Placement' or 'Offering') for gross proceeds of C$302,581 through the issuance of 3,025,809 units (each a 'Unit') at a purchase price of C$0.10 per Unit. Each Unit is comprised of one common share in the capital of the Company ('Common Share') and one-half of one Common Share purchase warrant (each whole warrant, a 'Warrant'). Each Warrant is exercisable to purchase one Common Share ('Warrant Share') at an exercise price of C$0.20 per Warrant Share for a period of 24 months from the closing date of the Private Placement or its respective tranches (the 'Closing Date'). In connection with the final tranche of the Offering, finders' fees in the amount of C$7,000 were paid and 70,000 non-transferable finder's warrants (each, a 'Finder's Warrant') were issued to arm's length finders. Each Finder's Warrant is exercisable for one Common Share at an exercise price of C$0.20 per Common Share for a period of 24 months from the Closing Date. The Company closed an initial tranche of the Offering on July 11, 2025 in the amount of 8,149,141 Units for gross proceeds of C$814,914, as described in the Company's press release dated July 11, 2025. The Company has thus closed on the maximum offering amount of C$1,117,495. Aleksandar Mišković, President and CEO of the Company commented: 'We are very pleased to have raised the full allowable LIFE amount as interest for the offering kept growing by the week. The Phase III drill campaign at Viogor-Zanik in Bosnia is now fully funded and commences imminently. I am on the site to personally oversee the rig turning at Brezani while Terra's team is excited for a robust news release stream to come in the days ahead.'
Globe and Mail
34 minutes ago
- Globe and Mail
Franco-Nevada Q2 Earnings Beat Estimates, Revenues Rise 42% Y/Y
Franco-Nevada Corporation FNV reported adjusted earnings of $1.24 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $1.10. The bottom line increased 65% year over year. Franco-Nevada's Q2 EBITDA Margin Rises Y/Y The company generated record revenues of $369 million in the reported quarter, up 42% year over year. The upside was driven by record gold prices and contributions from Precious Metal assets. In the June-end quarter, 82% of revenues were sourced from Precious Metal assets (70% gold, 10% silver and 2% platinum group metals). The company sold 92,449 Gold Equivalent Ounces (GEOs) from Precious Metal assets in the reported quarter, up from the prior-year quarter's 82,350 GEOs. In the reported quarter, adjusted EBITDA surged 64.8% year over year to a record $366 million. The adjusted EBITDA margin was 99% in the quarter under review compared with the prior-year quarter's 85.3%. FNV's Q2 Financial Position The company had $0.16 billion in cash on hand at the end of the second quarter of 2025, down from $1.45 billion at the end of 2024. It recorded an operating cash flow of $719 million in the first half of 2025, up from $373 million in the prior-year period. FNV now has an available capital of $1.1 billion. Franco-Nevada's 2025 Outlook Backed by a rise in deliveries from Antapaccay, the first full quarter contributions from Porcupine and Côté, and initial contributions from Vale's Southeastern System, the company expects an increase in GEO sales for the second part of 2025. FNV expects total GEO sales to be in the range of 465,000 to 525,000 GEOs for 2025. FNV Stock's Price Performance Franco-Nevada's shares have gained 43.8% in the past year compared with the industry 's growth of 53%. Franco-Nevada's Zacks Rank FNV currently flaunts a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Peer Performances Kinross Gold Corporation KGC reported adjusted earnings of 44 cents per share compared with the prior-year quarter's 14 cents. The bottom line beat the Zacks Consensus Estimate of 33 cents. Kinross Gold's revenues rose 41.7% year over year to $1,728.5 million in the second quarter. It topped the Zacks Consensus Estimate of $1,347.3 million. The rise is attributed to a higher average realized gold price. Agnico Eagle Mines Limited AEM reported adjusted earnings of $1.94 per share for the second quarter of 2025, up from $1.07 in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of $1.83. Agnico Eagle Mines generated revenues of $2,816.1 million, up 35.6% year over year. The top line surpassed the Zacks Consensus Estimate of $2,553 million. Newmont Corporation NEM reported second-quarter 2025 adjusted earnings were $1.43 per share, up from 72 cents in the prior-year quarter. It topped the Zacks Consensus Estimate of $1.04 per share. NEM's revenues for the second quarter were $5,317 million, up 20.8% from $4,402 million in the prior-year quarter. The figure topped the Zacks Consensus Estimate of $4,582.5 million. The increase in the top line was driven primarily by higher year-over-year realized gold prices. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM): Free Stock Analysis Report Kinross Gold Corporation (KGC): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report Franco-Nevada Corporation (FNV): Free Stock Analysis Report
Globe and Mail
2 hours ago
- Globe and Mail
NVIDIA Wins China Sales Approval: Will H20 Chip Deal Boost Growth?
NVIDIA Corporation NVDA has received approval to sell its H20 artificial intelligence (AI) chips in China after signing a deal with the U.S. government. This marks a significant development for the company's growth prospects. Under the terms of the agreement, NVIDIA will pay 15% of total revenues from H20 sales in China to the U.S. government. While this revenue-sharing condition may slightly impact margins, the deal opens a valuable door to one of the largest AI markets globally. NVIDIA's H20 chips are designed to meet U.S. export control rules while still offering strong AI computing capabilities. China is a major consumer of advanced chips for applications in data centers, cloud computing and AI development. NVIDIA had faced a sales setback in the region due to tightened U.S. restrictions on high-end chip exports. NVIDIA had estimated the restrictions to cost it $8 billion in H20 lost sales to China in the second quarter of fiscal 2026. In the first quarter, it had reported losing $2.5 billion in H20 chip sales in China. However, the latest approval will help the company re-enter the market legally and competitively. We believe the deal could help NVIDIA recover lost market share in China and boost its global revenue base. The AI boom in China, driven by large tech companies and government-backed projects, could create steady demand for H20 chips. Although the 15% revenue payment may weigh slightly on profitability, the larger volume of sales could offset that impact over time. The latest arrangement with the U.S. government could strengthen NVIDIA's presence in China and boost revenue contribution from the country, which dropped 13% in fiscal 2025 from more than 21% in fiscal 2023. Access to the Chinese market will support its overall revenue growth and maintain its position as a leader in AI chip technology. The Zacks Consensus Estimate for fiscal 2026 revenues indicates year-over-year growth of 52.2%. How NVIDIA's Rivals Compete in AI Chip Market NVIDIA's major competitors, Advanced Micro Devices AMD and Intel INTC, are also stepping up their capabilities in the AI chip market. Advanced Micro Devices is witnessing growing adoption for its MI300X GPUs. Several hyperscalers are testing AMD's solutions as alternatives to NVIDIA's Blackwell, especially in cost-sensitive or specialized AI workloads. Advanced Micro Devices is also building a strong software stack to grab more customers. Intel is focusing on both CPUs and AI accelerators to grab a market share in the data center space. The company is promoting its Gaudi 3 AI chips as a low-cost option for training and inference. Intel is also working with major cloud providers to expand the adoption of its AI hardware. NVIDIA's Price Performance, Valuation and Estimates Shares of NVIDIA have risen around 36.4% year to date against the Zacks Computer and Technology sector's gain of 13%. From a valuation standpoint, NVDA trades at a forward price-to-earnings ratio of 36.66, higher than the sector's average of 28. Image Source: Zacks Investment Research The Zacks Consensus Estimate for NVIDIA's fiscal 2026 and 2027 earnings implies a year-over-year increase of approximately 42.5% and 32.5%, respectively. Estimates for fiscal 2026 have been revised upward in the past 30 days, and there have been upward revisions in the past seven days for fiscal 2027. Image Source: Zacks Investment Research NVIDIA currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report
