Latest news with #DavidField
Yahoo
2 days ago
- Business
- Yahoo
Montage Gold Announces Voting Results of Annual Meeting
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Montage Gold Corp. ('Montage' or the 'Company') (TSX: MAU, OTCQX: MAUTF) is pleased to report that all resolutions at today's Annual and Special General Meeting of Shareholders ('Annual Meeting') were duly passed by shareholders. A total of 208,377,611 common shares were voted at the meeting, representing 58.85% of the votes attached to all the outstanding common shares. Shareholders voted in favour of each of the items of business at the Annual Meeting as follows: VOTES FOR % FOR VOTESWITHHELD % WITHHELD 1. Appointment of Auditor 208,377,596 100.00% 15 0.00% 2. Election of Directors Richard P. Clark 187,309,549 89.89% 21,068,062 10.11% David Field 207,377,611 99.52% 1,000,000 0.48% Alessandro Bitelli 208,372,111 100.00% 5,500 0.00% Anu Dhir 207,022,761 99.35% 1,354,850 0.65% Ron Hochstein 201,162,461 96.54% 7,215,150 3.46% Martino De Ciccio 208,372,111 100.00% 5,500 0.00% 3. Approval of Omnibus Equity Incentive Plan 191,541,747 91.92% 16,835,864 8.08% Detailed voting results for the 2025 Annual Meeting are available on the Company's profile on SEDAR+. ABOUT MONTAGE GOLD Montage Gold Corp. (TSX: MAU) is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné project, located in Côte d'Ivoire, at the forefront. Based on the Updated Feasibility Study published in 2024 (the 'UFS'), the Koné project has an estimated 16-year mine life and sizeable annual production of +300koz of gold over the first 8 years and is expected to enter production in Q2-2027. QUALIFIED PERSONS STATEMENTThe scientific and technical contents of this press release have been verified and approved by Silvia Bottero, BSc, MSc, a Qualified Person pursuant to NI 43-101. Mrs. Bottero, EVP Exploration of Montage, is a registered Professional Natural Scientist with the South African Council for Natural Scientific Professions (SACNASP), a member of the Geological Society of South Africa and a Member of AusIMM. CONTACT INFORMATION For Investor Relations Inquiries:Jake CainStrategy & Investor Relations Managerjcain@ For Media Inquiries:John VincicOakstrom Advisorsjohn@ +1-647-402-6375 For Regulatory Inquiries:Kathy LoveCorporate Secretary klove@ FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking information and forward-looking statements within the meaning of Canadian securities legislation (collectively, 'Forward-looking Statements'). All statements, other than statements of historical fact, constitute Forward-looking Statements. Words such as 'will', 'intends', 'proposed' and 'expects' or similar expressions are intended to identify Forward-looking Statements. Forward-looking Statements in this press release include statements related to the Company's objectives of achieving first gold pour in the second quarter of 2027; the Company's mineral reserve and resource estimates; the timing and amount of future production from the Koné Gold Project; anticipated mining and processing methods of the Koné Gold Project; anticipated mine life of the Koné Gold Project. Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There is no assurance that any economic satellite deposits will be discovered, and if discovered ever developed or mined. There can be no assurance that any Forward-looking Statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties inherent in the preparation of mineral reserve and resource estimates and definitive feasibility studies such as the Mineral Reserve Estimate and the UFS, and in delineating new mineral reserve and resource estimates, including but not limited to, assumptions underlying the production estimates not being realized, incorrect cost assumptions, unexpected variations in quantity of mineralized material, grade or recovery rates being lower than expected, unexpected adverse changes to geotechnical or hydrogeological considerations, or expectations in that regard not being met, unexpected failures of plant, equipment or processes (including construction equipment), delays in or increased costs for the delivery of construction equipment and services, unexpected changes to availability of power or the power rates, failure to maintain permits and licenses, higher than expected interest or tax rates, adverse changes in project parameters, unanticipated delays and costs of consulting and accommodating rights of local communities, environmental risks inherent in the Côte d'Ivoire, title risks, including failure to renew concessions, unanticipated commodity price and exchange rate fluctuations, delays in or failure to receive access agreements or amended permits, and other risk factors set forth in the Company's 2024 Annual Information form available at under the heading 'Risk Factors'. The Company undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Montage to predict all of them or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.
Miami Herald
21-05-2025
- Business
- Miami Herald
Troubled radio station company files for Chapter 15 bankruptcy
The radio broadcast industry has continued its struggles since iHeartRadio, the nation's largest radio station chain, filed for Chapter 11 bankruptcy in 2018, handing control of the network to its lenders in exchange for $10 billion in debt. Next, Audacy, the second-largest radio station owner in the country, on Jan. 5, 2024, filed for Chapter 11 bankruptcy, seeking to reduce its debt from $1.9 billion to $350 million and hand ownership of the company to its bondholders. Don't miss the move: Subscribe to TheStreet's free daily newsletter "The perfect storm of sustained macroeconomic challenges over the past four years facing the traditional advertising market has led to a sharp reduction of several billion dollars in cumulative radio ad spending," the company's CEO David Field, said at the time. Related: Popular radio network files for Chapter 11 bankruptcy Audacy was known as Entercom Communications in 1968 when it was founded by Joseph Field, the father of David Field. The company bought CBS Radio and its 117 stations in 2017, before changing its name to Audacy in 2021. After the top two radio station chains filed for bankruptcy, several smaller radio station owners followed their lead and filed for bankruptcy protection. High Plains Radio Network, which operated 18 radio stations in Texas, New Mexico, Colorado, Oklahoma, Mississippi, and Arkansas, filed for bankruptcy in March 2024. Then, online music streaming service AccuRadio filed for Chapter 11 bankruptcy protection on May 14, 2025, after reaching an impasse in negotiations with SoundExchange in seeking a lawsuit settlement over royalties owed for its services, according to a company statement. And now, distressed radio station operator Local First Media Group Inc. and six affiliates, which were placed into receivership in Canada on Feb. 21, 2025, filed for Chapter 15 bankruptcy protection, seeking recognition as a foreign main proceeding to protect their assets in the U.S. Related: Key healthcare company files for Chapter 11 bankruptcy The receiver for the Canada-based radio station companies filed its Chapter 15 petition on May 13 in the U.S. Bankruptcy Court for the Eastern District of Texas, seeking court protections to prevent the debtors' stakeholders from commencing or continuing actions in U.S. courts that would interfere with the receiver's Canadian case. More bankruptcy: Iconic auto repair chain franchise files Chapter 11 bankruptcyPopular beer brand closes down and files Chapter 7 bankruptcyPopular vodka and gin brand files for Chapter 11 bankruptcy The Chapter 15 filing invokes an automatic stay on any court proceedings against the debtors while the case proceeds in Canada. The six other debtors in the case are Local First Properties Inc., BTC USA Holdings Management Inc., Local First Properties USA Inc., Alaska Broadcast Communications Inc., Broadcast 2 Podcast Inc., and Frontier Media LLC. The debtor's receiver, FTI Consulting Canada, was appointed by receivership order by the Court of King's Bench of Alberta in Calgary with similar rights as a trustee in a U.S. Chapter 7 liquidation case. The receiver plans to sell the debtors' assets through a Canadian court proceeding to settle debts owed to creditors. The debtors owe about $8.2 million on a secured loan to creditor ATB Financial, which is based in Alberta, on which the debtors defaulted in November 2023, according to court papers. The debtors subsequently defaulted on a forbearance agreement in August 2024 and another in January 2025. The debtors operate three studios with cell towers and an additional cell tower site in Alaska, a studio with cell tower and two additional cell tower sites in Texas, and a cell tower site in Arkansas. The owners of the debtors include Alberta-based Woodruff Media Inc. and Creator Capital Corp., which are not debtors in the Canadian proceeding or the Chapter 15 cases. Together, they own 90% of Local First Media, according to court papers. Related: Another major trucking company files Chapter 11 bankruptcy The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Daily Mirror
21-05-2025
- Health
- Daily Mirror
Oldest polar bear in Britain put to sleep after bringing 'joy' to thousands
Keepers at the Royal Zoological Society of Scotland Highland Wildlife Park made the difficult decision to euthanise Victoria, 28, after she began to suffer age-related health problems The UK's oldest polar bear has been put to sleep after experiencing age-related health issues, as she was praised as " a joy to all" visitors. Victoria, aged 28, had been receiving geriatric care at the Royal Zoological Society of Scotland (RZSS) Highland Wildlife Park near Kingussie in the Scottish Highlands, which had given her a new lease of life at first, as she was able to climb once again. However on Tuesday the charity made the extremely difficult decision to euthanise the mother bear after taking her quality of life and wellbeing into account. Staff at the zoo described the polar bear as an 'excellent mother' who was a joy to all visitors to have seen the happy family. David Field, RZSS CEO, said: 'Victoria was an excellent mother and seeing her bring up two big, healthy boys has been a joy for our charity's dedicated teams and the hundreds of thousands of visitors who have flocked to see the family, and learn more about the threats these amazing animals face in the wild.' Victoria was born in Rostock Zoo in Germany in December 1996 and first gave birth in 2008 at Aalborg Zoo in Denmark to a female her keepers named Malik. Only a small percentage of polar bears live past 18 in the wild. The Highland Park said in a statement: 'The RZSS is sad to share the loss of Victoria, the UK's oldest polar bear, who had been experiencing age related health problems and receiving geriatric care. 'Taking into account her quality of life and wellbeing, the wildlife conservation charity's vets advised Victoria should be put to sleep. Victoria's age is testament to the world class care she received from her keepers and veterinary team. 'She leaves an incredible legacy through her cubs who play an essential role in the European breeding programme, which ensures a healthy and genetically diverse population of these bears living in human care.' Last year research showed polar bears face a growing risk of contracting viruses, bacteria and parasites that they were less likely to encounter just 30 years ago as a result of climate change. Not only is the species threatened by rising temperatures melting their habitat, the study has also provided clues about how polar bear disease could also be linked to ice loss. Scientists examined blood samples from bears in the Chukchi Sea - between Alaska and Russia and tested for six different pathogens in total - viruses, bacteria or parasites. Dr Karyn Rode said: "Bears in general are pretty robust to disease. It's not typically been known to affect bear population, but I think what it just highlights is that things [in the Arctic] are changing."
Sky News
21-05-2025
- Health
- Sky News
UK's oldest polar bear euthanised at the age of 28
The UK's oldest polar bear has been euthanised due to her deteriorating health, the Royal Zoological Society of Scotland (RZSS) has said. Victoria, who was 28, had been receiving geriatric care at the RZSS Highland Wildlife Park near Kingussie. The wildlife conservation charity's vets advised she should be euthanised after taking her quality of life and wellbeing into account. Victoria was born at Rostock Zoo in Germany in December 1996 and first gave birth in 2008 at Aalborg Zoo in Denmark to a female named Malik. In 2015 she moved to the Scottish park and gave birth to two male bears - Hamish in 2017 and Brodie in 2021. Hamish was the first polar bear to be born in the UK for 25 years. As part of the breeding programme for the species, Hamish was moved to Yorkshire Wildlife Park in November 2020. David Field, RZSS chief executive, said: "Victoria was an excellent mother and seeing her bring up two big, healthy boys has been a joy for our charity's dedicated teams and the hundreds of thousands of visitors who have flocked to see the family, and learn more about the threats these amazing animals face in the wild." Victoria was euthanised on Tuesday morning. RZSS said that in the wild only a small percentage of polar bears live past 18 and described Victoria's age as "testament to the world-class care she received from her keepers and veterinary team".
The Independent
21-05-2025
- General
- The Independent
UK's oldest polar bear is euthanised after bringing ‘joy' to thousands
Victoria, the UK's oldest polar bear, has died at the age of 28. The Royal Zoological Society of Scotland (RZSS) made the decision to euthanise her at their Highland Wildlife Park near Kingussie after she began experiencing age-related health issues. Vets determined that the most humane course of action was euthanasia after considering Victoria's quality of life and overall wellbeing. Born in December 1996 at Rostock Zoo in Germany, Victoria later became a mother in 2008, giving birth to a female cub named Malik at Aalborg Zoo in Denmark. In 2015 Victoria moved to the Highland Wildlife Park and gave birth to two male bears: Hamish in 2017 and Brodie in 2021. David Field, RZSS chief executive, said: 'Victoria was an excellent mother and seeing her bring up two big, healthy boys has been a joy for our charity's dedicated teams and the hundreds of thousands of visitors who have flocked to see the family, and learn more about the threats these amazing animals face in the wild.' Victoria was euthanised on Tuesday morning. RZSS said that in the wild only a small percentage of polar bears live past 18 and described Victoria's age as 'testament to the world class care she received from her keepers and veterinary team.'
