Latest news with #Alpha1
Yahoo
18 hours ago
- Business
- Yahoo
Elemental Altus Is Pleased to Announce Tether Investments as New Cornerstone Shareholder
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2025) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") notes the press release issued by Tether Investments S.A. de C.V. ("Tether") that it has completed the acquisition of 78,421,780 common shares of Elemental Altus from La Mancha Investments S.a.r.l. ("La Mancha") at a price of C$1.55 per share, representing approximately 31.9% of the issued and outstanding common shares. When combined with the 4,360,511 shares already owned by Tether, Tether will own an aggregate of 82,782,291 common shares, representing approximately 33.7% of the issued and outstanding shares in the Company. Tether has further announced that it has entered into an option agreement with AlphaStream Limited ("AlphaStream") and its wholly-owned subsidiary Alpha 1 SPV Limited ("Alpha 1") pursuant to which Alpha 1 granted Tether the option to acquire, subject to certain conditions, an aggregate of 34,444,580 common shares owned by Alpha 1. On exercise of this option, Tether would own 117,226,871 common shares, representing approximately 47.7% of the issued and outstanding common shares. Frederick Bell, CEO and director of Elemental Altus, commented: "Building on previous discussions with Tether, we are very pleased to officially welcome Tether as the Company's new major shareholder. Their unmatched ability to support the Company in its next phase of growth is exciting for all shareholders and is a positive for the gold royalty sector. Tether is one of the world's largest companies, largest holders of US Treasuries, and a growing investor in the gold space. We also express our gratitude to La Mancha and AlphaStream for their support to-date and in enabling this transaction, we hope to continue to find opportunities to work with them in the future." Paolo Ardoino, CEO of Tether Investments, commented: "Our investment in Elemental Altus reflects Tether's expanding commitment to real-world assets that offer stability, scalability and long-term value. Elemental Altus stands out with its disciplined approach to royalties and its exposure to gold, an enduring store of value in an increasingly uncertain global economy. This strategic move aligns with our broader vision of financial empowerment through infrastructure and asset-backed innovation." Frederick BellCEO and Director Corporate & Media Inquiries:Tel: +1 604 646 4527info@ Elemental Altus is a proud member of Discovery Group. For more information please visit: or contact +1 604 646 4527. (TSXV: ELE) | (OTCQX: ELEMF) | ISIN: CA28619K1093 | CUSIP: 28619K109 About Elemental Altus Royalties Corp. Elemental Altus is an income generating precious metals royalty company with 11 producing royalties and a diversified portfolio of pre-production and discovery stage assets. The Company is focused on acquiring uncapped royalties and streams over producing, or near-producing, mines operated by established counterparties. The vision of Elemental Altus is to build a global gold royalty company, offering investors superior exposure to gold with reduced risk and a strong growth profile. Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V.) accepts responsibility for the adequacy or accuracy of this press release. About Tether Investments Tether Investments is a corporation existing under the laws of the Republic of El Salvador and is an affiliate of the Tether group of companies. Tether Investments is focused on strategic investments that complement its vision for open financial systems supported by digital and real-world assets. Cautionary note regarding forward-looking statements This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, (together, "forward-looking statements"), concerning the business, operations and financial performance and condition of the Company. Forward-looking statements include, but are not limited to, statements with respect to the future price of gold; the estimation of mineral reserves and mineral resources; the realization of Mineral Reserve estimates; the Company's growth prospects; the Company's estimated 2025 revenues; and the timing and amount of estimated future production. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans," "expects" or "does not expect," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates" or "does not anticipate," "believes," "projects" or variations of such words and phrases or state that certain actions, events or results "may," "could," "would," "might" or "will be taken," "occur" or "be achieved." Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to 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 statements, including, but not limited to, volatility in the price of gold, discrepancies between anticipated and actual production by companies in our portfolio, risks inherent in the mining industry to which the companies in our portfolio are subject, regulatory restrictions, the impact of the current COVID-19 pandemic on the companies in our portfolio, activities by governmental authorities (including changes in taxation), currency fluctuations and the accuracy of the mineral reserves, resources and recoveries set out in the technical data published by the companies in our portfolio. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements 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 statements. The Company cautions readers not to place undue reliance on forward-looking statements, as forward-looking statements involve significant risks and uncertainties. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. The Company does not undertake to update any forward-looking statements except in accordance with applicable Canadian securities laws. Readers are directed to the Company's Annual Information Form dated April 29, 2024, filed under the Company's profile on SEDAR ( for a complete list of applicable risk factors. Investors are advised that National Instrument 43-101 Standards for disclosure for Mineral Projects ("NI 43-101") of the Canadian Securities Administrators requires that each category of Mineral Reserves and Mineral Resources be reported separately. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. 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
Yahoo
3 days ago
- Business
- Yahoo
Alpha 1 SPV Limited Announces Option Agreement to Sell its Interest in Elemental Altus Royalties Corp.
ABU DHABI, UAE, June 10, 2025 /CNW/ - AlphaStream Limited today announces that it and its affiliate, Alpha 1 SPV Limited (together with AlphaStream Limited, "Alpha 1"), have entered into an Option Agreement (the "Option Agreement") with Tether Investments, S.A. DE C.V. ("Optionee"), pursuant to which, among other things, Alpha 1 granted to Optionee the option to acquire (but not the obligation to acquire), and subject to certain terms and conditions, all 34,444,580 of the common shares it holds (the "Alpha 1 Shares", and the option to acquire such shares referred to as the "Alpha 1 Share Option") in Elemental Altus Royalties Corp. ("Elemental"), a gold-focused royalty company listed in Canada. Terms of the Option Agreement The Alpha 1 Share Option will not become exercisable prior to October 29, 2025 without the consent of Elemental. Pursuant to the Option Agreement, Optionee paid an option fee to Alpha 1 in an aggregate amount of CAD$3,444,458, representing a price per Alpha 1 Share of CAD$0.10. If Optionee exercises the Alpha 1 Share Option, depending on when the Alpha 1 Share Option is exercised, the Optionee will pay a variable exercise price (the "Exercise Price") with a minimum aggregate Exercise Price of CAD$51,839,092.90 and a maximum aggregate Exercise Price of CAD$53,389,099 (representing a minimum price per Alpha 1 Share of CAD$1.505 and a maximum price per Alpha 1 Share of CAD$1.550). The Option Agreement includes certain restrictions on the ability of Alpha 1 to sell the Alpha 1 Shares, and in certain circumstances requires Alpha 1 to vote, or refrain from voting, and to tender, or refrain from tendering, the Alpha 1 Shares in accordance with instructions from the Optionee. Additional Disclosure Pursuant to Canadian "Early Warning" Requirements This announcement is made pursuant to the "early warning" requirements of Canadian securities legislation. A copy of Alpha 1's related early warning report will be filed with the applicable securities commissions and will be made available on SEDAR+ at Further information and a copy of the early warning report of Alpha 1 maybe obtained by contacting: The head office of Elemental is Suite 1020 – 800 West Pender Vancouver, British Columbia V6C 2V6, Canada. SOURCE AlphaStream Limited View original content:
Cision Canada
3 days ago
- Business
- Cision Canada
Alpha 1 SPV Limited Announces Option Agreement to Sell its Interest in Elemental Altus Royalties Corp.
ABU DHABI, UAE, June 10, 2025 /CNW/ - AlphaStream Limited today announces that it and its affiliate, Alpha 1 SPV Limited (together with AlphaStream Limited, " Alpha 1"), have entered into an Option Agreement (the " Option Agreement") with Tether Investments, S.A. DE C.V. (" Optionee"), pursuant to which, among other things, Alpha 1 granted to Optionee the option to acquire (but not the obligation to acquire), and subject to certain terms and conditions, all 34,444,580 of the common shares it holds (the " Alpha 1 Shares", and the option to acquire such shares referred to as the " Alpha 1 Share Option") in Elemental Altus Royalties Corp. (" Elemental"), a gold-focused royalty company listed in Canada. Terms of the Option Agreement The Alpha 1 Share Option will not become exercisable prior to October 29, 2025 without the consent of Elemental. Pursuant to the Option Agreement, Optionee paid an option fee to Alpha 1 in an aggregate amount of CAD$3,444,458, representing a price per Alpha 1 Share of CAD$0.10. If Optionee exercises the Alpha 1 Share Option, depending on when the Alpha 1 Share Option is exercised, the Optionee will pay a variable exercise price (the " Exercise Price") with a minimum aggregate Exercise Price of CAD$51,839,092.90 and a maximum aggregate Exercise Price of CAD$53,389,099 (representing a minimum price per Alpha 1 Share of CAD$1.505 and a maximum price per Alpha 1 Share of CAD$1.550). The Option Agreement includes certain restrictions on the ability of Alpha 1 to sell the Alpha 1 Shares, and in certain circumstances requires Alpha 1 to vote, or refrain from voting, and to tender, or refrain from tendering, the Alpha 1 Shares in accordance with instructions from the Optionee. This announcement is made pursuant to the "early warning" requirements of Canadian securities legislation. A copy of Alpha 1's related early warning report will be filed with the applicable securities commissions and will be made available on SEDAR+ at Further information and a copy of the early warning report of Alpha 1 maybe obtained by contacting: The head office of Elemental is Suite 1020 – 800 West Pender Vancouver, British Columbia V6C 2V6, Canada.
Yahoo
19-04-2025
- Business
- Yahoo
Secretary of Education Linda McMahon and Congressman Byron Donalds of Florida Visits FuturEdge Charter Academy and Future Home of Pioneer Technology & Arts Academy of Nevada, Spotlights AI-Powered Learning Innovation
Alpha 1 (A1) AI Tutor Pioneer Technology & Arts Academy LAS VEGAS, NEVADA / / April 18, 2025 / Secretary of Education Linda McMahon Visits FuturEdge Charter Academy and Future Home of Pioneer Technology & Arts Academy of Nevada, Spotlights AI-Powered Learning Innovation (PTAA Nevada - STEAM-Focused Charter School) U.S. Secretary of Education Linda McMahon visited Future Edge Academy today, joining students and educators for a special event at the charter school campus. The visit - hosted at Future Edge Academy (the future home of Pioneer Technology & Arts Academy Nevada) - featured a student-led assembly and a live demonstration of a cutting-edge AI tutoring platform. During the assembly, PTAA leadership officially announced the launch of Pioneer Technology & Arts Academy (PTAA) Nevada this coming August, highlighting a groundbreaking educational model centered on artificial intelligence and STEAM (Science, Technology, Engineering, Arts, and Mathematics. Secretary McMahon's presence underscored federal support for innovative approaches in K-12 education, as the Future Edge campus - a STEM-designated school known for integrating emerging technologies like AI into learning (Home - FuturEdge Charter Academy) - prepares to become PTAA Nevada's first location. PTAA Nevada to Launch in August 2025 with AI & STEAM Focus PTAA Nevada will open for the 2025-26 school year as a tuition-free public charter school, bringing PTAA's successful tech-driven curriculum to Nevada. Part of a national network of PTAA campuses operating in Texas, Arizona, and Colorado, the North Las Vegas school will emphasize project-based learning, coding, robotics, and creative arts alongside core academics. "Our mission is to empower and engage students through an inquiry-based STEM/STEAM curriculum that emphasizes creativity, collaboration, and innovation," said Shubham Pandey, Founder of PTAA and incoming Executive Director of PTAA Nevada. "By infusing AI and advanced technology into the classroom, we aim to inspire the next generation of innovators." PTAA Nevada's launch in August 2025 marks the organization's latest expansion and a bold step toward redefining how students learn in the digital age. Alpha 1 AI Tutor Platform Demonstrated by PTAA Founder A highlight of the event was the live demo of the new Alpha 1 (A1) AI Tutor platform, led by its Founder Shubham Pandey - who is also PTAA's founder. Pandey showcased A1 Tutor's real-time, interactive capabilities by engaging with students in a mock tutoring session. The AI tutor responded to questions, worked through problems on a digital whiteboard, and conversed using both voice and text, demonstrating the potential of multimodal AI in education. "The A1 Tutor can think, listen, talk, and draw in sync with our students," Pandey explained, emphasizing how the system provides instant feedback and step-by-step guidance tailored to each learner's needs. Key features of the A1 AI Tutor demonstrated include: Real-time multimodal learning: The AI can simultaneously utilize a virtual whiteboard for visual illustrations while interacting through natural voice and text, creating an immersive 1:1 tutoring experience. Interactive problem-solving: Students can ask questions out loud or via chat, and the A1 Tutor adapts its explanations on the fly-drawing diagrams, highlighting concepts, and adjusting the difficulty of problems in response to student input. Personalized support: Powered by advanced generative AI, A1 analyzes each student's progress and misconceptions in real time, providing immediate clarifications and personalized hints. This adaptive approach mimics the attentiveness of a human tutor, boosting student confidence and engagement. The demonstration captivated attendees as the AI solved math and science questions with the students, exemplifying how such technology can supplement classroom learning. Secretary McMahon observed the session and even interacted with the A1 Tutor herself, remarking on its potential to support teachers and differentiate instruction for diverse learners. "This is an inspiring example of innovation in education," Secretary McMahon said. "Seeing students work with an AI tutor that can cater to their individual learning pace is truly remarkable. Technology like this holds great promise for leveling the playing field and empowering our educators nationwide." Nationwide Rollout and Vision for U.S. Students Following the Nevada pilot showcase, PTAA announced that the A1 AI Tutor platform will launch across all PTAA campuses nationwide in August 2025, aligning with the start of the new school year. Students at PTAA's existing schools in Texas, Arizona, and Colorado will gain access to the AI tutor as part of their regular learning resources. According to Pandey, integrating A1 Tutor throughout PTAA's network will provide thousands of students with on-demand help in various subjects, both during school hours and for homework support. In the long term, PTAA's goal is even more ambitious: to make the A1 Tutor available free for every student in the United States. "Our vision is to ensure every child - not just those at PTAA - can have a personal AI tutor," Pandey said during the presentation. "By harnessing AI, we can provide personalized learning support at scale, potentially bridging gaps for underserved communities. We are working toward a future where A1 Tutor is a free resource for all American students, enabling equal access to quality tutoring." This long-term commitment drew enthusiastic applause from the audience, which included local parents and community members eager to see Nevada at the forefront of AI-driven education. Local and state officials also attended the assembly in a show of support. Rudy Pamintuan, Chief of Staff to Nevada's Lieutenant Governor and Vice Chair of PTAA Nevada's board of directors, was on hand for the event . Pamintuan praised the collaboration between Future Edge Academy and PTAA, noting that such partnerships "expand educational opportunities for our students and attract innovative programs to North Las Vegas." The presence of Secretary McMahon and state leadership at the Future Edge campus signifies a strong public-private commitment to advancing education through technology in Nevada. Quotes from the Event Linda McMahon, U.S. Secretary of Education: "PTAA Nevada and the A1 Tutor platform are proof that innovation in education is alive and well. I was excited to see AI technology being used to engage students in real time. When we empower educators with these kinds of tools, we give every student a better chance to succeed. " Shubham Pandey, Founder of PTAA and A1 Tutor Creator: "We are honored to have Secretary McMahon visit and witness our vision for the future of learning. Today's demonstration is just the beginning. Come August, PTAA Nevada will lead the way in showing how AI can personalize education for each child. Our long-term dream is to offer the A1 Tutor free to every U.S. student, because personalized learning should not be a privilege, but a right." Distinguished Guests The event was also attended by Congressman Byron Donalds of Florida and his wife, Erica Donald, who is involved in several education initiatives nationwide. Congressman Donalds spoke about the potential of tools like A1 AI Tutor to support educators by giving them better insights into student progress and tailoring growth plans. He noted that performance tracking and AI-powered feedback loops could make education more strategic and individualized than ever before. Erica Donald emphasized the opportunity for personalized learning, stating that platforms like A1 are key to meeting students where they are - academically and emotionally - and giving them the support they need to move forward confidently. Media Contact and Further Information Media Contact:Israel Alvarado- Director of Communications, Pioneer Technology & Arts Academy (PTAA)Email: ialvarado@ Further Resources: Pioneer Technology & Arts Academy Nevada Official Site: Pioneer Technology & Arts Academy (PTAA) National Information: (End of Press Release) Contact Information Israel Alvarado Web mediaialvarado@ SOURCE: Related Images View the original press release on ACCESS Newswire Sign in to access your portfolio
