Latest news with #Canadian-focused
Yahoo
6 days ago
- Business
- Yahoo
Wesdome Reports Voting Results of Annual General Meeting of Shareholders
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) ('Wesdome' or the 'Company') today announces the results of its 2025 annual general meeting of shareholders (the 'Meeting') held earlier today. A replay of the Meeting is available on the Company's website. A total of 96,142,077 common shares were represented at the Meeting, representing 63.99% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were approved, as follows: Election of the directors of the Company until the next annual meeting of shareholders; Appointment of Ernst & Young LLP as auditor of the Company and authorizing the directors to fix their remuneration; and Approval of an advisory non-binding resolution accepting the approach to executive compensation disclosed in the Company's Management Information Circular dated April 16, 2025. Election of Directors The following eight individuals were elected as directors of the Company until the next annual meeting of shareholders: Name of Nominee Votes For % For Votes Withheld / Abstain % Withheld / Abstain Anthea Bath 81,105,296 99.82 144,742 0.18 Edward Dowling 78,420,001 96.52 2,830,037 3.48 Louise Grondin 80,781,276 99.42 468,762 0.58 Jacqueline Ricci 79,794,650 98.21 1,455,388 1.79 Brian Skanderbeg 79,567,138 97.93 1,682,900 2.07 Edie Thome 79,505,421 97.85 1,744,617 2.15 Bill Washington 79,118,462 97.38 2,131,576 2.62 Philip Yee 81,180,828 99.91 69,210 0.09 Appointment of Auditor Based on proxies received and votes cast during the Meeting, Ernst & Young LLP, Chartered Accountants, were appointed as independent auditor of the Company until the next annual meeting of shareholders and the directors are authorized to fix their remuneration: VotesFor %For VotesWithheld / Abstain %Withheld / Abstain Appointment of Auditor 94,790,443 98.59 1,351,634 1.41 Advisory Vote on Executive Compensation Based on proxies received and votes cast by ballot during the Meeting, the advisory non-binding resolution accepting the approach to executive compensation disclosed in the Company's Management Information Circular dated April 16, 2025 was approved as follows: Votes For % For Votes Against % Against Advisory Vote on Executive Compensation 78,717,274 96.88 2,532,764 3.12 The Report of Voting Results has been filed under the Company's profile on SEDAR+ at About Wesdome Wesdome is a Canadian-focused gold producer with two high-grade underground assets – the Eagle River mine in Ontario and the Kiena mine in Quebec. The Company's primary goal is to responsibly leverage its operating platform and high-quality brownfield and greenfield exploration pipeline to build a growing value-driven Canadian gold producer. Raj Gill Trish Moran SVP, Corporate Development & Investor Relations VP, Investor Relations Phone: +1.416.360.3743 Phone: +1.416.564.4290 E-Mail: invest@ E-mail: PDF available:
The Market Online
7 days ago
- Business
- The Market Online
Agnico Eagle nearly triples down on falling micro-cap gold stock
Agnico Eagle Mines (TSX:AEM) increased its stake in micro-cap stock Fury Gold Mines (TSX:FURY) by 173 per cent, investing C$4,305,920 through a non-brokered private placement Fury Gold Mines is a Canadian-focused exploration company advancing a multi-million-ounce portfolio in Quebec and Nunavut The Canadian micro-cap gold stock has given back 1.82 per cent year-over-year and 88.7 per cent since October 2020 Agnico Eagle Mines (TSX:AEM) increased its stake in micro-cap stock Fury Gold Mines (TSX:FURY) by 173 per cent, investing C$4,305,920 through a non-brokered private placement. Fury will allocate C$3.9 million to exploration under its 2025 program at the over 1.2-million-ounce Committee Bay gold project in Nunavut – details are set to hit the wire in a few weeks – with the remaining proceeds available for general corporate purposes and other projects in the company's multi-million-ounce portfolio. According to Tuesday's news release, Agnico Eagle's investment will grow its ownership position from 2.3 per cent to 6.3 per cent of Fury Gold's issued shares, rising to 9.9 per cent on a partially diluted basis. The investment grants Agnico Eagle the rights to nominate one person to Fury Gold's board and increase and maintain its investment up to 9.9 per cent of issued shares. All shares are subject to a four-month resale restriction in Canada. Leadership insights 'We are pleased to have Agnico Eagle, one of Canada's premier companies and a top global gold producer, make an additional investment that will permit Fury to advance our understanding of the exploration potential at our Committee Bay project in Nunavut,' Tim Clark, Fury Gold Mines' chief executive officer, said in a statement. 'We believe the Arctic is likely to become increasingly important for future mineral exploration, and with this in mind, we are excited to accelerate our plans to build on past drilling success. As a reminder to investors, Fury retains full ownership of this exceptional project, which spans a 300-km greenstone belt—an impressive land package that is unique for a junior exploration company.' About Fury Gold Mines Fury Gold Mines is a Canadian-focused exploration company advancing a multi-million-ounce portfolio in Quebec and Nunavut. Fury Gold stock (TSX:FURY) is up by 3.85 per cent on the news trading at C$0.54 as of 10:09 am ET. The stock has given back 1.82 per cent year-over-year and 88.7 per cent since October 2020. Join the discussion: Find out what everybody's saying about this Canadian micro-cap gold stock on the Fury Gold Mines Ltd. Bullboard and check out 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.
Globe and Mail
01-05-2025
- Business
- Globe and Mail
NEW GOLD COMPLETES 100% CONSOLIDATION OF THE FREE CASH FLOW INTEREST IN ITS NEW AFTON MINE
(All dollar figures are in US dollars unless otherwise indicated) TORONTO , May 1, 2025 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that the previously announced agreement with Ontario Teachers' Pension Plan ("Ontario Teachers'") to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine ("New Afton") (the "Transaction") has now closed. The Company has now fully consolidated its free cash flow interest in New Afton to 100% and terminated all existing agreements with respect to Ontario Teachers' free cash flow interest in New Afton. About New Gold New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada , the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for our shareholders and stakeholders. For further information on the Company, visit SOURCE New Gold Inc.
Cision Canada
01-05-2025
- Business
- Cision Canada
NEW GOLD COMPLETES 100% CONSOLIDATION OF THE FREE CASH FLOW INTEREST IN ITS NEW AFTON MINE
(All dollar figures are in US dollars unless otherwise indicated) TORONTO, May 1, 2025 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that the previously announced agreement with Ontario Teachers' Pension Plan ("Ontario Teachers'") to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine ("New Afton") (the "Transaction") has now closed. The Company has now fully consolidated its free cash flow interest in New Afton to 100% and terminated all existing agreements with respect to Ontario Teachers' free cash flow interest in New Afton. About New Gold New Gold is a Canadian-focused intermediate mining Company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. New Gold's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for our shareholders and stakeholders. For further information on the Company, visit SOURCE New Gold Inc.
Malaysian Reserve
24-04-2025
- Business
- Malaysian Reserve
CruiseHub.ca Launches Amid Trade Tensions and Booking Surge
Canadian-focused cruise booking site launches with CAD pricing, real advisors, and a response to cross-border booking pain points MONTREAL, April 23, 2025 /CNW/ – CruiseHub, one of North America's fastest-growing cruise booking platforms, today announced the launch of — a Canadian-focused booking site offering cruise pricing in CAD, departures from Canadian and U.S. ports, and real advisor support. marks the official Canadian expansion of which launched in 2024 and has already helped over 15,000 travelers book cruises through a hybrid model combining digital booking tools and one-on-one advisor assistance. This new platform meets the growing demand for regionally adapted cruise services as travelers face increasing booking friction across the U.S.–Canada border. According to the 2024 Cruise Lines International Association (CLIA) report, Canadian cruise bookings have surged nearly 40% since 2019, driven by millennials, solo travelers, and multi-generational families. Despite this growth, most cruise platforms remain U.S.-centric — offering USD-only pricing, limited departure port visibility, and minimal customer support during Canadian hours. The Bank of Canada's 2024 economic outlook also reported a 15% drop in cross-border discretionary spending, largely due to foreign exchange surcharges, digital tax discrepancies, and inconsistent refund policies. directly addresses these issues with Canadian dollar pricing, better visibility of local departure ports, and customer support tailored to Canadian travelers. 'This isn't about replacing U.S. platforms — it's about complementing them,' said Marcus Tomiuk, Cofounder & CEO of CruiseHub. 'When trade tensions affect how people book and when they get support, having a regional solution benefits everyone.' offers sailings from all major cruise lines, including MSC Cruises, Royal Caribbean, Carnival, Norwegian, and Celebrity. While is customized for Canadian travelers, remains fully operational for U.S. customers. The new site is now live and accepting bookings for 2025, 2026, and 2027 sailings.
