Pampa Metals and Rugby Resources Complete Arrangement Transaction
In connection with the Arrangement, Bryce Roxburgh, outgoing President and CEO, of Rugby has been appointed to the board of directors of Pampa Metals and will also remain a director of Rugby.
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The Market Online
an hour ago
- The Market Online
Michael Gentile throws weight behind Maple Gold Mines
Maple Gold Mines (TSXV:MGM) is undertaking a C$5 million non-brokered private placement, including commitments from Michael Gentile, one of Canada's most prominent junior mining investors, as well as existing shareholder Agnico Eagle Mines Maple Gold is an advanced exploration company active in Quebec's prolific Abitibi Greenstone Belt Maple Gold Mines stock has given back 16.67 per cent year-over-year and 58.33 per cent since 2020 Maple Gold Mines (TSXV:MGM) is undertaking a C$5 million non-brokered private placement, including commitments from Michael Gentile, one of Canada's most prominent junior mining investors, as well as existing shareholder Agnico Eagle Mines. This content has been prepared as part of a partnership with Maple Gold Mines Ltd., and is intended for informational purposes only. Proceeds will support a 10,000-metre fall 2025 drilling program at the company's high-grade, past-producing Joutel gold project and adjacent 3-million-ounce Douay gold project, with work geared towards an updated mineral resource estimate in the first half of 2026. Gentile will hold a 9.9 per cent position on a partially-diluted basis and join the company as a strategic advisor, verbally agreeing to a 12-month sale restriction, while Agnico Eagle will maintain its pro rata ownership at 16.3 per cent, also on a partially-diluted basis. According to Wednesday's news release, the financing is expected to close by September 8, 2025, in conjunction with a proposed share consolidation on a 10-to-1 basis. Leadership insights 'We are pleased to have the support of Michael Gentile and the continued support of Agnico Eagle,' Kiran Patankar, Maple Gold Mines' president and chief executive officer, said in a statement. 'Michael is one of the most respected strategic investors in the junior mining sector, with a strong track record of value creation in Quebec. The offering allows us to build on our recent exploration success at Douay, particularly the high-grade extensions of the Nika and 531 zones, and to complete a maiden drill program at Joutel, while planning for an updated mineral resource estimate in H1 2026.' 'I have followed the progress of Maple Gold in recent years and believe it is trading at a fraction of its potential economic value,' Gentile added. 'Douay/Joutel shows clear potential for further mineral resource growth and is a strategic asset at a time when multi-million-ounce gold projects in Tier 1 jurisdictions are increasingly sought after. I look forward to working with Kiran and the Maple Gold team as a strategic advisor and shareholder to daylight and further enhance the value I see at Douay/Joutel.' About Maple Gold Mines Maple Gold is an advanced exploration company active in Quebec's prolific Abitibi Greenstone Belt. Maple Gold Mines stock (TSXV:MGM) is up by 15.38 per cent on the news trading at C$0.075 as of 9:40 am ET. The stock has given back 16.67 per cent year-over-year and 58.33 per cent since 2020. Join the discussion: Find out what investors are saying about this Canadian gold stock on the Maple Gold Mines Ltd. Bullboard, and make sure to explore the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Cision Canada
an hour ago
- Cision Canada
Quantum Computing Could Break the Internet. Some Are Already Building the Fix
Issued on behalf of Scope Technologies Corp. VANCOUVER, BC, Aug. 20, 2025 /CNW/ -- USA News Group News Commentary – As the prospect of quantum-enabled cyberattacks draws closer, companies of every size are stepping up efforts to secure their digital assets. Analysts at Fortune Business Insights forecast that the global cybersecurity market could balloon to US$562.77 billion by 2032, expanding at a 14.4% compound annual growth rate, driven largely by rising concerns over AI-powered threats and quantum-era vulnerabilities. Separate projections from Research and Markets suggest the post-quantum cryptography space will expand at 41.47% annually, reaching US$17.7 billion by 2030, while Precedence Research places that figure closer to US$30 billion by 2034. Against this backdrop, cybersecurity innovators are racing to build new defenses that can withstand both current and next-generation attacks—including recent activity from Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Fortinet, Inc. (NASDAQ: FTNT), Gen Digital Inc. (NASDAQ: GEN), F5, Inc. (NASDAQ: FFIV), and Equinix, Inc. (NASDAQ: EQIX). Governments are also moving to get ahead of the curve. A new bipartisan bill in the U.S. Senate aims to formalize a national cybersecurity strategy tailored for the quantum computing age. With the technology fast approaching mainstream adoption, industry voices are warning that AI security may be on borrowed time— especially as Nvidia's Jensen Huang recently called this a technological " inflection point". Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) has entered into an Asset Purchase Agreement to acquire Plurilock Security Private Limited (" Cloud Codes"), an India-based SSO and cloud platform founded in 2011—an early, strategic step aimed at bringing quantum-resistant authentication to market, pending customary closing conditions and required exchange approvals. The acquisition immediately strengthens Scope's market position by adding 270 business clients and 88,000 active end-users to its ecosystem. Cloud Codes brings a proven financial track record with CAD $673,012 in annual revenues for 2025 and CAD $228,131 in net income, demonstrating profitable operations that will contribute to Scope's bottom line. The company's global footprint spans India (80%), Europe (13%), and the United States (7%), providing Scope with established international distribution channels and enterprise relationships. "By bringing Cloud Codes into the Scope Technologies family, we aim to accelerate our mission to deliver seamless, scalable, and quantum-secure authentication, entropy, and storage services," said Ted Carefoot, CEO of Scope Technologies. "With full ownership of the infrastructure, we believe we can innovate more rapidly and offer enterprise-grade services that future-proof authentication against quantum threats." Under the agreement terms, Scope Technologies will pay Plurilock Security Inc. CAD $100,000 in cash and issue 4,200,000 common shares at a deemed price of $0.40 per share, bringing the total consideration to CAD $1,780,000. The transaction remains subject to regulatory approvals from both the TSX Venture Exchange for Plurilock and the Canadian Securities Exchange for Scope Technologies. The strategic rationale centers on Cloud Codes' proprietary distributed storage middleware, which will become the technological backbone for QSE's decentralized cloud infrastructure. This vertical integration positions Scope to control the complete technology stack for quantum-safe authentication and storage, creating competitive advantages that traditional SSO vendors cannot match. The company plans to rebrand the Cloud Codes platform under the QSE Group ecosystem, with future releases expected to bundle quantum-secure SSO services with storage offerings targeting regulated enterprises, banking, healthcare, and organizations requiring long-term data integrity. The timing proves particularly strategic as NIST ratified quantum-resistant encryption standards including CRYSTALS-Kyber, Dilithium, and SPHINCS+ in 2024, with additional updates continuing through 2025-2026. Market readiness is accelerating as leading vendors embed post-quantum cryptography into Zero-Trust and VPN products, highlighting urgent demand for quantum-safe identity management solutions. The global SSO market is projected to exceed US$6 billion by 2030, while post-quantum cryptography is expected to reach US$17.7 billion over the same timeframe, positioning Scope at the intersection of two explosive growth markets. This acquisition follows the July launch of QSE Group's enhanced website at featuring enterprise assessment tools like the Quantum Preparedness Assessment (QPA). Scope's core Quantum Security Entropy (QSE) platform embeds military-grade post-quantum encryption within zero-trust architecture, designed to neutralize both current cyberattacks and future "harvest now, decrypt later" quantum threats. With quantum computing reaching what Nvidia's Jensen Huang calls an "inflection point", Scope is positioning itself ahead of a market shift that could obsolete traditional encryption within the next decade. Early movers in quantum-resistant infrastructure could capture significant market share as enterprises scramble to upgrade legacy systems. Carefoot and CTO Sean Prescott recently demonstrated Scope's technical leadership earlier this month at the DEF CON 33 Hacking Conference in Las Vegas. Prescott's presentation at Malware Village, titled "Who Controls the Kill Switch of the Future?", outlined how quantum adversaries could soon hijack sessions, bypass encryption, and poison AI classifiers faster than current defenses can respond. "This isn't just theoretical anymore," said Carefoot. "Quantum-powered adversaries in the near future will be able to bypass encryption, hijack sessions, and poison AI classifiers at a pace defenders have never seen. Our goal at DEF CON is to assist the security community understand these risks, and how they may impact their current cryptographic systems." The acquisition caps a period of rapid expansion for Scope. In July, the company strengthened its executive team with former Microsoft and Electronic Arts veteran Andrew Knight as Vice-President of Product. Knight's mandate includes accelerating QSE's roadmap and enhancing product-market fit across regulated industries vulnerable to quantum threats. Knight's appointment followed Carefoot's June elevation to CEO, a transition that shifted Scope's focus from R&D toward commercial deployment. Industry analysts view this leadership evolution as positioning Scope for the compliance-heavy enterprise market, where quantum-resistant infrastructure will likely become mandatory within this decade. Scope has also secured the financial runway for expansion, completing a C$2.8 million financing round backed by strategic investor First Majestic Silver Corp. Proceeds are funding infrastructure scaling, strategic partnerships, global distribution expansion, and development of the QSE mobile application for iOS and Android platforms. With planned vertical ownership of both quantum-secure infrastructure and identity lifecycle management, Scope Technologies positions itself among the first enterprises offering lag-free, post-quantum authentication at scale, potentially creating decisive platform advantages as the cybersecurity industry prepares for the post-quantum transition. In other industry developments and happenings in the market include: Fortinet, Inc. (NASDAQ: FTNT) has expanded its FortiCloud platform to include identity, secure storage, and messaging services under one integrated suite. "FortiIdentity, FortiDrive, and FortiConnect, are key milestones in our vision to build a unified global cloud network that brings enterprise-grade security directly into the way teams manage access, store, share, and communicate," said Michael Xie, Founder, President, and Chief Technology Officer at Fortinet. "These new services extend the power of the Fortinet Security Fabric into everyday productivity and access control, reinforcing our strategy to simplify security operations, reduce vendor sprawl, and empower hybrid work at scale." These new capabilities will allow enterprises to manage authentication, data storage, and compliant communications within Fortinet's zero-trust framework. The update supports hybrid cloud environments and aligns with Fortinet's vision for unified cybersecurity infrastructure. Gen Digital Inc. (NASDAQ: GEN) recently released its latest Threat Report, which highlighted a 51% increase in PharmaFraud scams, a growing category of AI-driven cybercrime targeting online shoppers. "Cyber threats continue to be smarter, faster, and more personal," said Siggi Stefnisson, Cyber Safety CTO at Gen. "From AI-powered ransomware to fake online pharmacies, the risks are real – and increasingly difficult for people to spot. But with global cooperation, advanced detection, and a relentless commitment to developing products that stop the latest threats, we can stay one step ahead. While threats continue to evolve, so does our ability to fight them." The report warns that cybercriminals are using GenAI to mimic pharmacy websites and hijack personal data with increasing accuracy. It calls for greater public education and cross-sector collaboration to stop the spread. F5, Inc. (NASDAQ: FFIV), and Equinix, Inc. (NASDAQ: EQIX) recently announced a global partnership aimed at delivering AI-ready infrastructure with secure, fast application delivery. The collaboration integrates F5's app security solutions with Equinix's global interconnection platform. "AI is putting massive new demands on infrastructure, especially at the edge, where latency, security, and control are critical," said John Maddison, Chief Product and Corporate Marketing Officer at F5. "Enterprises need faster, more secure ways to deploy and connect applications and AI workloads globally—without the complexity of managing physical infrastructure. Our expanded partnership with Equinix gives customers exactly that: a flexible, high-performance foundation to support AI-driven use cases and deliver exceptional digital experiences across any environment." Together, they will offer enterprises a simplified path to securely deploying AI workloads across multiple environments. "Organizations are racing to adopt AI, but legacy infrastructure can slow them down or expose them to unnecessary risk," said Maryam Zand, Vice President of Partnerships and Ecosystem Development at Equinix. "By partnering with F5, we're giving our customers a seamless way to scale their AI applications and modern distributed workloads with built-in security, compliance, and performance. This solution can help businesses innovate faster, safeguard their operations, and maintain a competitive edge." The two companies will co-develop reference architectures tailored to AI-centric data flow and governance needs. Executives from both firms emphasized the need for trusted, flexible infrastructure to support the next generation of digital transformation. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Scope Technologies Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope Technologies Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope Technologies Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope Technologies Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Cision Canada
2 hours ago
- Cision Canada
Super Copper Corp. Announces AGM Results
VANCOUVER, BC, Aug. 20, 2025 /CNW/ - SUPER COPPER CORP. (CSE: CUPR) (OTCQB: CUPPF) (FSE: N60) (" Super Copper" or the "Company"), a mining exploration platform focused on copper, is pleased to announce shareholder approval of all matters at the annual general meeting. The Company is pleased to announce that all matters were approved at the Company's 2025 annual general meeting of shareholders held on August 14, 2025. The Board of Directors of the Company continues to be comprised of Zachary Dymala-Dolesky, Rajeev Dewan, Edwin Lee, and Sebastian Wagner. In addition, the Company shareholders have authorized and approved Apeiron Investment Group Limited (" Apeiron") as a new 'Control Person' of the Company within the meaning of such term under applicable securities laws and stock exchange policies. Amendments The Company further announces that it has amended an existing consulting agreement dated May 29, 2025, between Apeiron and the Company (the " Apeiron Agreement"). Pursuant to the Apeiron Agreement, Apeiron previously agreed to provide advisory services to the Company in exchange for 4,000,000 restricted share units (" RSUs"). Apeiron owns 10.99% of the Company's shares on an undiluted basis or approximately 25.35% of the Company's issued and outstanding common shares, on a partially diluted basis. See the Company's news release dated May 29, 2025 for further details. Pursuant to an amending agreement to the Apeiron Agreement and in consideration for Apeiron's continued services, the Company agreed to grant RSUs to Apeiron in an amount equal 2.5% of the Company's then-issued and outstanding common shares on an annual basis (the " Apeiron Grant"). The Apeiron Grant is subject to Apeiron maintaining a minimum shareholding of 4,000,000 common shares of the Company, (the " Minimum Shares"), applicable securities laws and the terms and conditions of the Company's omnibus equity incentive plan (the " Plan"). The RSUs to be granted annually to Apeiron under the Apeiron Grant are to vest quarterly in four equal tranches over a 12 month period and the first grant is issuable on May 29, 2026. If, at an annual grant date, there is insufficient room under the Plan to satisfy the Apeiron Grant, then the Company will grant RSUs to Apeiron as soon as room becomes available. If the full Apeiron Grant was not granted to Apeiron during an annual term of the Apeiron Agreement, then such remaining percentage of RSUs not granted to Apeiron is to be carried over to any subsequent term of the Apeiron Agreement provided the Company will not grant more than 5.0% of the then issued and outstanding common shares of the Company to Apeiron in any 12 month period. Following the initial 12 month term of the Apeiron Agreement, the Apeiron Agreement, as amended, will automatically terminate and be of no further force or effect if Apeiron, at any time, does not hold or own the Minimum Shares. The Company also has further amended its management consulting agreement with Orion Management FZE-LLC (" Orion") and Zachary Dymala-Dolesky (" Dolesky") dated April 1, 2024, as amended (the " Dolesky Agreement"). Dolesky is the CEO and a director of the Company and Orion is a Company controlled by Dolesky. Pursuant to the Dolesky Agreement, Orion and Dolesky agreed to provide to the Company, management consultant services including chief executive officer services. See the Company's final long form prospectus dated September 24, 2024 for further details. Pursuant to an amending agreement to the Dolesky Agreement and as additional consideration for Dolesky's and Orion's services, the Company agreed to grant RSUs to Dolesky in an amount equal to 2.5% of the Company's then-issued and outstanding common shares on an annual basis (the " Dolesky Grant"). The Dolesky Grant is issuable on the second anniversary of the Dolesky Agreement (being April 1, 2026) and is subject to Dolesky and/or Orion, in aggregate, maintaining a minimum shareholding of the Minimum Shares, applicable securities laws and the terms and conditions of the Plan. The RSUs to be granted annually to Dolesky and/or Orion under the Dolesky Grant are to vest quarterly in four equal tranches over a 12 month period. If, at an annual grant date, there is insufficient room under the Plan to satisfy the Dolesky Grant, then the Company will grant RSUs to Dolesky as room becomes available. If the full Dolesky Grant was not granted to Dolesky and/or Orion during an annual period, then such remaining percentage of RSUs not granted to Dolesky will be carried over to any subsequent term of the Dolesky Agreement provided the Company will not grant more than 5.0% of the then issued and outstanding common shares of the Company to Dolesky in any 12 month period. The Apeiron Grant and the Dolesky Grant, each as set out above will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (" MI 61-101"). The Apeiron Grant and the Dolesky Grant are anticipated to be exempt from the formal valuation requirements and minority shareholder approval requirements of MI 61-101 pursuant to Section 5.5(b) and Section 5.7(1)(a) as the Company is not listed on specified markets and the fair market value of the subject matter of, nor the fair market value of the consideration for, the Apeiron Grant or the Dolesky Grant exceeds 25 percent of the Company's market capitalization (calculated in accordance with MI 61-101). About Super Copper Corp. Super Copper (CSE: CUPR | OTCQB: CUPPF | FSE: N60) is a mining exploration company focused on acquiring, advancing and consolidating global copper assets from early discovery through late-stage development. The company is currently advancing its copper projects in Atacama, Chile, a region with world-class infrastructure and the presence of global majors. By operating a single, integrated technical team and a milestone-driven acquisition strategy, Super Copper aims to build a portfolio of scalable projects capable of supplying the world's accelerating demand for copper. | The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the Company's securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " 1933 Act") or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Forward Looking Statements This press release contains certain forward-looking statements, including statements regarding the terms of the RSUs, the Dolesky Grant and the Apeiron Grant. The words "expects," "anticipates," "believes," "intends," "plans," "will," "may," and similar expressions are intended to identify forward-looking statements. Although the Company believes that its expectations as reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including, but not limited to, changes in global copper demand, political and regulatory risks in Chile, operational and exploration risks, market conditions, and the availability of financing. Readers are cautioned not to place undue reliance on forward-looking statements, which are made as of the date of this release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.
