Latest news with #Canex
Yahoo
24-03-2025
- Business
- Yahoo
Mayfair announces takeover bid for Gold Basin Resources and Canex Metals
Canada-based Mayfair Acquisition has announced its intention to launch a securities exchange takeover bid to acquire all issued and outstanding shares of Gold Basin Resources and Canex Metals in exchange for its common shares. The move is being facilitated by Discovery Group, a collaboration involving mineral exploration and development companies. The proposed acquisition will potentially form a more robust gold exploration and development company by combining the precious metal assets of Gold Basin and Canex in northern Arizona. Mayfair has outlined an equity financing strategy of between C$2m ($1.4m) and C$6m and a share exchange ratio that will result in a premium for Gold Basin shareholders. The share exchange ratios will be determined based on the post-financing cash value of Mayfair and the rollback ratio. Jim Paterson of Discovery Group has been appointed to Mayfair's Board of Directors. Discovery Group representatives John Robins and Darren Klinck will join upon the successful completion of the bid. Mayfair has not yet commenced the takeover bid. The announcement provides Gold Basin and Canex's boards with additional time to consider the offer and explore strategic alternatives. The bid's acceptance by the TSX Venture Exchange is pending, and there is no guarantee it will be granted. The proposed offer follows a history of unsuccessful engagement between Discovery Group representatives and Gold Basin's management. Despite previous recommendations for Gold Basin to pursue merger discussions with Canex, no action was taken, leading to a significant decline in Gold Basin's market capitalisation. Canex has shown interest in engaging with the proposal, but Gold Basin has yet to respond. The lack of response is seen as indicative of Gold Basin's management challenges, which have contributed to its financial difficulties. The offer is contingent on several conditions including TSX Venture acceptance, lock-up agreements from key shareholders and compliance with securities laws. The offer will also depend on the deposit of at least 90% of the total number of issued and outstanding shares of Gold Basin and Canex, among other regulatory and business conditions. "Mayfair announces takeover bid for Gold Basin Resources and Canex Metals" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Associated Press
12-03-2025
- Business
- Associated Press
COTERIE New York Hosted Brands from Across the Globe with Record High International Presence and Expanded Retail Engagement
NEW YORK, NY / ACCESS Newswire COTERIE New York, the biannual contemporary and advanced contemporary women's wholesale fashion event, welcomed the Fall Winter 25/26 season with a record-high global reach, as 45% of international brands represented from over the world. The growing international presence drew in buyers seeking fresh, globally influenced collections, top retailers including Le Bon Marche, Moniker, Al Tayer Dubai, Lisa Says Gah!, Vail Resorts, Ritz Carlton Amelia Island, Four Season Orlando and Pitkin Country Dry Goods. With increasing global reach, COTERIE New York expanded the international pavilions with Italy, Korea and Africa, alongside the new addition of Peru in partnership with PROMPERÚ. The launch of Creative Africa Nexus (Canex) program featured ten African brands, igniting conversations around new market opportunities and highlighting the innovative design talents. These curated spaces not only brought new perspectives to the forefront but also helped buyers source unique, globally inspired collections that reflect the evolving consumer demands. The seasonal neighborhood of Après Ski, dedicated to the latest in winter fashion, showcased a sophisticated fusion of function and style, with shearling textures, fur-lined embellishments and stylishly layered silhouettes that blend comfort, utility and elevated aesthetics. Brands such as MOU, Brodie Cashmere, Marella, 74 The Jacket, HiSO and Lou Andrea Paris, embodied the modern evolution of cold weather dressing. The collections complimented MMGNET's FW25/26 Women's Advanced Contemporary Buyer's Guide, highlighting key textile innovations, introspective layering techniques and color palettes inspired by various creative mediums. 'As COTERIE grows, our focus remains on creating a premier global platform where brands and retailers can connect, collaborate and drive the industry forward,' says Purvi Kanji, Vice President of COTERIE. 'With expanded global reach, deepened retailer relationships and curated experiences, we are thrilled to see COTERIE cementing itself as the go-to destination for discovering what's next in advanced contemporary fashion.' To further enhance the connections between brands and buyers, COTERIE successfully launched the Brand Curation Hub, a dedicated space that facilitated direct engagement through personalized matchmaking programs. The addition to show floor experience allowed retailers to build stronger and more strategic relationships with brands, ensuring the discovery of apparel selections that aligned with the market trends. COTERIE showcased another season of the MMGNET Fashion for Change (MFC), which continues to elevate designers of color and Black-owned brands, providing visibility and business development opportunities. The event also featured a robust lineup of education sessions, including 'From Culture to the Selling Floor,' an in-depth exploration of fabric and textile trends, and 'In Conversation: The Future of Fashion with FIT,' where FIT museum curators and students designers, whose works featured in The Future of Fashion Exhibit, discussed the story behind their designs inspired by African Diaspora's influence on contemporary fashion. Additionally, 'Unveiling Fashion's Next Chapter: 2025 Consumer Analysis' provided insights into shopper behaviors and knowledge of the shifting retail landscape. With a growing international footprint and the success of new experiential activations, COTERIE New York continues to be the global epicenter for trend forecasting and merchandising. Additional brands showcasing apparel, denim, footwear and accessories included Perfect White Tee, Oncept, Tkees, AG Jeans, Varley, Deepa Gurnani, Good American and TBCo. Looking ahead, the event remains committed to developing new experiences, increasing collaborations and providing an inclusive curated experience for brands and buyers alike. To learn more about COTERIE New York and upcoming events for the 2025 season, please visit About COTERIE New York COTERIE is the premier women's contemporary to advanced contemporary apparel, footwear, and accessories platform. Connecting emerging and established brands and designers to an elite list of domestic and international retailers, influencers, and media, COTERIE's first-class events build exclusive experiences that fuel discovery, commerce, and connectivity, while inspiring upmarket trends. For more information, please visit: About Informa Markets Fashion Informa Markets Fashion, branded as MMGNET Group, is fashion's newest B2B ecosystem and the go-to industry resource, where industry professionals go to source the inspiration, connections, and opportunities they need to build business, network, and responsibly steward fashion forward. Through its extensive global reach, decades of unwavering industry expertise, world-class content programs, and a comprehensive portfolio of trade and industry event brands - including MAGIC, PROJECT, COTERIE, and SOURCING at MAGIC - MMGNET Group delivers year-round opportunities to learn, grow, connect, and discover. MMGNET Group is a subsidiary of Informa Markets (LON:INF). To learn more about MMGNET and the MMGNET Group portfolio of brands, please visit
Yahoo
12-03-2025
- Business
- Yahoo
COTERIE New York Hosted Brands from Across the Globe with Record High International Presence and Expanded Retail Engagement
NEW YORK, NY / / March 12, 2025 / COTERIE New York, the biannual contemporary and advanced contemporary women's wholesale fashion event, welcomed the Fall Winter 25/26 season with a record-high global reach, as 45% of international brands represented from over the world. The growing international presence drew in buyers seeking fresh, globally influenced collections, top retailers including Le Bon Marche, Moniker, Al Tayer Dubai, Lisa Says Gah!, Vail Resorts, Ritz Carlton Amelia Island, Four Season Orlando and Pitkin Country Dry Goods. With increasing global reach, COTERIE New York expanded the international pavilions with Italy, Korea and Africa, alongside the new addition of Peru in partnership with PROMPERÚ. The launch of Creative Africa Nexus (Canex) program featured ten African brands, igniting conversations around new market opportunities and highlighting the innovative design talents. These curated spaces not only brought new perspectives to the forefront but also helped buyers source unique, globally inspired collections that reflect the evolving consumer demands. The seasonal neighborhood of Après Ski, dedicated to the latest in winter fashion, showcased a sophisticated fusion of function and style, with shearling textures, fur-lined embellishments and stylishly layered silhouettes that blend comfort, utility and elevated aesthetics. Brands such as MOU, Brodie Cashmere, Marella, 74 The Jacket, HiSO and Lou Andrea Paris, embodied the modern evolution of cold weather dressing. The collections complimented MMGNET's FW25/26 Women's Advanced Contemporary Buyer's Guide, highlighting key textile innovations, introspective layering techniques and color palettes inspired by various creative mediums. "As COTERIE grows, our focus remains on creating a premier global platform where brands and retailers can connect, collaborate and drive the industry forward," says Purvi Kanji, Vice President of COTERIE. "With expanded global reach, deepened retailer relationships and curated experiences, we are thrilled to see COTERIE cementing itself as the go-to destination for discovering what's next in advanced contemporary fashion." To further enhance the connections between brands and buyers, COTERIE successfully launched the Brand Curation Hub, a dedicated space that facilitated direct engagement through personalized matchmaking programs. The addition to show floor experience allowed retailers to build stronger and more strategic relationships with brands, ensuring the discovery of apparel selections that aligned with the market trends. COTERIE showcased another season of the MMGNET Fashion for Change (MFC), which continues to elevate designers of color and Black-owned brands, providing visibility and business development opportunities. The event also featured a robust lineup of education sessions, including "From Culture to the Selling Floor," an in-depth exploration of fabric and textile trends, and "In Conversation: The Future of Fashion with FIT," where FIT museum curators and students designers, whose works featured in The Future of Fashion Exhibit, discussed the story behind their designs inspired by African Diaspora's influence on contemporary fashion. Additionally, "Unveiling Fashion's Next Chapter: 2025 Consumer Analysis" provided insights into shopper behaviors and knowledge of the shifting retail landscape. With a growing international footprint and the success of new experiential activations, COTERIE New York continues to be the global epicenter for trend forecasting and merchandising. Additional brands showcasing apparel, denim, footwear and accessories included Perfect White Tee, Oncept, Tkees, AG Jeans, Varley, Deepa Gurnani, Good American and TBCo. Looking ahead, the event remains committed to developing new experiences, increasing collaborations and providing an inclusive curated experience for brands and buyers alike. To learn more about COTERIE New York and upcoming events for the 2025 season, please visit For the most up to date news and trends follow COTERIE New York on social @coterie_show. About COTERIE New YorkCOTERIE is the premier women's contemporary to advanced contemporary apparel, footwear, and accessories platform. Connecting emerging and established brands and designers to an elite list of domestic and international retailers, influencers, and media, COTERIE's first-class events build exclusive experiences that fuel discovery, commerce, and connectivity, while inspiring upmarket trends. For more information, please visit: About Informa Markets FashionInforma Markets Fashion, branded as MMGNET Group, is fashion's newest B2B ecosystem and the go-to industry resource, where industry professionals go to source the inspiration, connections, and opportunities they need to build business, network, and responsibly steward fashion forward. Through its extensive global reach, decades of unwavering industry expertise, world-class content programs, and a comprehensive portfolio of trade and industry event brands - including MAGIC, PROJECT, COTERIE, and SOURCING at MAGIC - MMGNET Group delivers year-round opportunities to learn, grow, connect, and discover. MMGNET Group is a subsidiary of Informa Markets (LON:INF). To learn more about MMGNET and the MMGNET Group portfolio of brands, please visit Media Contact Informa Markets North America PRFashionPR@ SOURCE: INFORMA MARKETS - FASHION View the original press release on ACCESS Newswire Sign in to access your portfolio
