Latest news with #Property
Irish Examiner
17 hours ago
- Business
- Irish Examiner
Home Q&A: All you need to know about Local Property Tax changes
Question What do I need to know about upcoming Local Property Tax changes? Answer When paying your local property tax (LPT) from January 1, 2026, or working out your tax for the first time from November 1 of this year, it's worth noting that as property values have increased by 23% nationwide from November 2021 to December 2024, there are some changes on the way. It's not all bad news. The LPT revaluation is to take place on November 1, 2025, with the next set valuation period commencing in January 2026 for a duration of five years. What you can expect is a nominal increase on your LPT unless you live in a 12-bedroom mansion in South County Dublin. Let's start with the upside. The valuation bands that determine what we pay are set to widen by 20%, ensuring most Irish homeowners (the Government estimates this is 96%) will remain in their existing bands. They will start with Band 1: €0-€240,000, then Band 2: €240,001-€315,000. Band 3 and all subsequent bands increase in increments of €105,000 over €315,001 up to Band 19. The minister for finance, Paschal Donohoe, also announced a new base rate of 0.0906%, which is used to work out the tax on your property based on its market value. This rate was previously .1029% on the value of the home, so that's come down. That said, taxes are increasing, especially for prestige properties. For the lower bands, the fixed charges (set from the mid-point of the Band) for Bands 1 & 2 will be increased: from €90 to €95 for Band 1, and from €225 to €235 for Band 2. If you're wondering why your PLPT might potentially be higher, it's because those fixed charges sop up some of your savings on the percentage weighed to make up your LPT. There is a 5%-6% increase expected in LPT for properties valued under €1.26 million. Properties higher than €1.26 million, or properties that have appreciated significantly in value since 2021, will pay LPT that is 'proportionate to these factors'. Properties valued at €2.1 million or above will be charged on their actual value. Don't panic. If your home is valued at €525,000 or lower on November 1, 2025, the increase to your LPT will likely be no more than €30 extra a year. It's worth noting that from 2026, local authorities will now be able to vary LPT upwards by up to 25% and downwards by 15%. This is termed a 'local adjustment factor' to cover the desirability and struggle of some areas within areas, where houses relatively close in address of the same type can vary in their market value. The Government gives this example: A house in Cork (South-West Region), valued at €370,000 in 2021. The new estimated value could be €470,000 with local variations, an increase of 27%. That house remains in its original Band 4, and its liability for LPT goes up a relatively modest €23 from 2026, an increase from €405 in 2021 to €428 in 2026. That payment will be effectively frozen from 2026 until the next revaluation by the Government in three to five years. Value of your home So, what is your house worth, and how do you come to the right figure to ensure your LPT is correct? This is a self-assessment figure based on 'market values'. You will either be registering for LPT for the first time (with a new build or newly renovated home) or picking up on the LPT attached to the house or apartment you've recently bought. Once your new home has stamp duty paid, it is registered for LPT and has a property ID and an Eircode on those records. You will just update your personal details. If you know your property has increased in value, for example, you've added an extension, from November 1, you should update your valuation using the Property ID. There's a Property Valuation Tool on that can simply tot up the likely value of your home in one of the 18,600 'small areas' of the country, so keeping in mind any unique specifics of your property, start there. Revenue advises: 'When you value your property, you should include the value of lands and other buildings associated with your property. This includes lands or buildings that have domestic or residential purpose, or an amenity such as a yard, garden or patio, driveway or parking space, garage, shed or greenhouse, garden room or home office, and land up to one acre (0.4047 hectares) most suitable for enjoyment with the property, closest to the property, for example, the land that you use as a garden. "You don't have to include sheds used for agricultural purposes.' (I would add here if you have horses, ensure you have a herd number registered with the Department of Agriculture — something that's often overlooked, but it's the law of the land.) Money is tight for most families, and clearly there's a temptation to fudge things downward and slide into the narrowest band possible when settling on a valuation. Keep in mind that a 20% increase in the bands of values may help you out. Deferrals There's also been an adjustment to income thresholds for deferrals of LPT payments (a whopping 30%-40%), which is another encouragement to be honest and straightforward when making your valuation. From 2026, the income threshold for a full deferral for a single person will be increased from €18,000 to €25,000. For a couple, it will be increased from €30,000 to €40,000. The threshold for a partial deferral for a single person will be increased from €30,000 to €40,000. For a couple, it will be increased from €42,000 to €55,000. Payments Citizens Advice offers this useful tip: 'If you paid LPT for 2024 with a repeating payment method, such as a direct debit, the payment will continue in 2025 unless you choose a different way to pay. Repeating methods include LPT deductions from your salary, pension or social protection payment. "Any changes you make to the way you pay (for example, if you want to make a once-off direct payment) can be easily handled online through your own Revenue Property Record. First time out, Revenue assigns a unique Property ID to each residential property for LPT purposes, and you will be assigned a PIN to go with your account. You can use your existing login details for myAccount or Revenue Online Service (ROS).' Got a question for our Home team? Email home@
Yahoo
a day ago
- Business
- Yahoo
Great Northern Energy Metals Announces Brokered Private Placement
Not for distribution to United States Newswire Services or for dissemination in the United States VANCOUVER, British Columbia, June 02, 2025 (GLOBE NEWSWIRE) -- Great Northern Energy Metals Inc. ('GNEM' or the 'Company') (CSE: GNEM) is pleased to announce that it intends to proceed with a brokered private placement of up to 5,715,000 common shares in the capital of the Company (the 'Shares') at a price of $0.35 per Share (the 'Issue Price'), for gross proceeds of up to approximately $2,000,250 (the 'Offering'). The Company has entered into an engagement letter dated May 29, 2025 (the 'Engagement Letter') with Haywood Securities Inc. ('Haywood') whereby Haywood will act as lead agent and sole bookrunner for the Offering on a reasonable best-efforts basis. Haywood has the right to invite other investment dealers to act as agents (together with Haywood, the 'Agents') in connection with the Offering. The Company will pay cash commissions to the Agent(s) equivalent to 7% of the gross proceeds of the Offering and will also pay to Haywood a corporate finance fee in the amount of $25,000 plus applicable taxes. The terms of the Engagement Letter are expected to be superseded by the terms of a definitive agency agreement to be entered into between GNEM and Haywood. The Company has granted the Agents an option (the 'Agents' Option') to offer for sale up to an additional 571,000 Shares at the Issue Price. The Agents may exercise the Agents' Option by providing notice to GNEM at any time up to 48 hours before the closing of the Offering. The Company intends to use the net proceeds from the Offering as follows: (a) to make certain cash payments as they become due: (i) under the previously-announced option agreement (the 'Nuvemco Option Agreement') with Ventura Uranium LLC (dba Nuvemco, LLC) and Paul Szilagyi, dated August 20, 2024, pursuant to which the Company, as the assignee of the original optionee, has the exclusive right to acquire up to a 100% interest in a Colorado-based uranium project (the 'Property') through a two-stage option to acquire all of the membership interests in a newly formed Colorado limited liability company, NUV2C, LLC ('Holdco'), which holds legal and beneficial title to the Property; and (ii) under the previously-announced option agreement (together with the Nuvemco Option Agreement, the 'Option Agreements') with UREnergy, LLC, dated February 6, 2025, which entitles the Company, as the assignee of the original optionee, to earn a 100% interest in a package of mineral claims and leases located in San Miguel County, Colorado, including the Slickrock Lease (together with the Property, the 'Properties'); and (b) for general working capital purposes. The Shares will be offered for sale to eligible purchasers resident in each of the Provinces of Canada and/or in jurisdictions other than Canada that are mutually agreed to by the Company and Haywood, subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. All Shares issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. The Offering is not subject to a minimum aggregate amount of subscriptions. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the Shares in the United States. The Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any state securities laws, and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 'United States' and 'U.S. person' are as defined in Regulation S promulgated under the U.S. Securities Act. On Behalf of the Board of Great Northern Energy Metals Inc. "David Mitchell' CEO & Director About Great Northern Energy Metals Inc. GNEM is a Canadian-based exploration and development company focused on securing and developing critical energy metals, including uranium. The Company's mission is to support the global transition to clean energy through responsible resource development. Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements that may be deemed 'forward-looking statements.' Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words such as "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements appearing in this news release include, without limitation, statements relating to the Offering and the intended use of proceeds therefrom, and statements related to interests that the Company may earn in the Properties under the Option Agreements. All forward-looking statements in this press release are made as of the date of this press release. The forward-looking statements contained herein are also subject generally to assumptions and risks and uncertainties that are described from time to time in the Company's public securities filings with the Canadian securities commissions. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should David MitchellChief Executive OfficerGreat Northern Energy Metals Inc.416-574-4818david@ in to access your portfolio
Scottish Sun
6 days ago
- Business
- Scottish Sun
Major manufacturer that supplies railway operators suddenly closes after 50 years as over 30 staff made redundant
The business appointed administrators in October last year CUT BACKS Major manufacturer that supplies railway operators suddenly closes after 50 years as over 30 staff made redundant Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MAJOR manufacturer that supplies railway operators has suddenly closed after 50 years. A key update was issued after the employer made all of its staff redundant and began a fire sale of its assets. Sign up for Scottish Sun newsletter Sign up 3 A major manufacturer that supplies railway operators has suddenly closed after 50 years Credit: Google maps 3 Manufacturer Dale (Mansfield) Limited made its staff redundant Credit: Google maps Manufacturer Dale (Mansfield) Limited appointed administrators in October last year. However all 34 employees at the company, which was established in the early 1970s, were made redundant after the business failed to find a purchaser or investor. Administrators from Leonard Curtis have been selling off the business' assets since they were appointed, but newly released information show it is now shutting down entirely. Documents recently filed with Companies House show Dale's former headquarters has now been sold to haulage firm Maurice Hill Transport Limited for £1.2 million, reports Nottingham Post. The property is based on a three-acre site and is divided into two main buildings, both with manufacturing and office accommodation space. The money raised by its sale will be used to pay the company's creditors, including Lloyds Bank and HMRC. Its equipment and stock has also been sold off by the administrators, who revealed in financial documents that up to this point more than £62,000 had been raised by selling scrap metal and other materials from the closed factory. Basford-based auctioneer John Pye Auctions was appointed to sell some of the company's other items and raised £194,653 in total from sales of furniture, cars, and machinery. Administrators had been told Dale's intellectual property could sell for as much as £80,000. But sadly the administrators said: "customer interest in the IPR (Intellectual Property Rights) has been disappointing thus far" and that it was unlikely to hit this sum. Scottish firm goes bust after plunging into administration The firm's managers said it expected Lloyds, HMRC, and priority creditors - like former staff - would be repaid in full. The taxman had claimed £282,430 from the business, while employee-related claims totalled £47,625. Mansfield is in north Nottinghamshire and has a proud history of coal mining and textiles industries. The firm's website said its mining and oil rig equipment had been used in the Caspian Sea, Sardinia, Azerbaijan, the Gulf of Mexico, and in South Wales. However, following the decline of the UK mining industry, Dale's diversified into other industries including manufacturing hydraulic cylinders. What does going into administration mean? WHEN a company enters into administration, all control is passed to an appointed administrator. The administrator has to leverage the company's assets and business to repay creditors any outstanding debts. Once a company enters administration, a "moratorium" is put in place which means no legal action can be taken against it. Administrators write to your creditors and Companies House to say they've been appointed. They try to stop the company from being liquidated (closing down), and if it can't it pays as much of a company's debts from its remaining assets. The administrator has eight weeks to write a statement explaining what they plan to do to move the business forward. This must be sent to creditors, employees and Companies House and invite them to approve or amend the plans at a meeting. A Notice of Intention is used to inform concerning parties that a company intends to enter administration. It is a physical document which is submitted to court, usually by directors aiming to prevent a company from being liquidated. Like with a standard administration process, a Notice of Intention stops creditors from taking out any legal action over a company while they try and rectify the business. Dale's website explained it had worked with Eurostar, which operates international train services between Paris, London, Amsterdam and Brussels via the Channel Tunnel. Richard Pinder, director of restructuring and insolvency at Leonard Curtis, said last year: 'The company ran a marketing campaign last year to find a purchaser or investor to take the business forward which unfortunately was unsuccessful. "Upon my instruction to advise the company, it was clear that its financial and operational position was such that there was no realistic prospect of avoiding a cessation of trade. "And there was insufficient working capital or work in progress to support continued trade, even in the immediate short term. 'We are currently assisting the Redundancy Payments Service in dealing with the processing and payment of employee claims for redundancy and their other entitlements." Mr Pinder added that it was "uncertain" if unsecured creditors, such as companies owed money by Dale, would get much money back through the administration.
Yahoo
21-05-2025
- Business
- Yahoo
Anteros Identifies High-Grade Copper-Gold Targets at the Strickland VMS Property, Newfoundland
St. John's, Newfoundland and Labrador--(Newsfile Corp. - May 21, 2025) - Anteros Metals Inc. (CSE: ANT) ("Anteros" or the "Company") is pleased to report results from recent assessment work at its 100% owned Strickland VMS Property ("Strickland" or the "Property") in southwestern Newfoundland. The work focused on the digitization and interpretation of multi-element geochemical data from historic trenching, advancing drill targeting efforts on this underexplored polymetallic volcanogenic massive sulphide ("VMS") system. Prior to its public listing, Anteros commissioned the compilation, digitization, and 3D geological modelling of the Strickland VMS system in 2023 and 2024. This foundational work established a strong understanding of Property's geology, alteration, and structure, and enhanced the understanding of multiple mineralized zones along a 1.4 kilometre trend (Figure 1). Since going public, Anteros has advanced the project through targeted follow-up, focusing on geochemical vectoring and priority zone refinement. The 2025 program confirmed compelling indicators of feeder-style alteration and mineralization in underexplored zones and highlighted several new high-priority exploration targets. Mineralization Highlights: Feeder-style alteration and mineralization confirmed: Compilation of 95 multi-element assays from 2012 trenching, integrated with historical drill data in 3D models, is helping to vector toward the potential VMS core and optimize future drill targeting. Copper Zone: Now a high-priority target, with historical trench sampling returning up to 3.7% Cu and 3.25 g/t Au over 1 metre (Cu-C1, Table 1), alongside elevated cobalt and intense alteration - features consistent with VMS feeder conduits. Gold Zone: Historical trenching returned 1-metre intervals up to 3.2% Cu and 1.32 g/t Au (Au-C1, Table 1), with alteration and elemental ratios indicating proximity to a hydrothermal center. This zone has never been drill-tested. Main Zone and Main Extension: Historical trench samples demonstrate elevated Pb-Zn-Ag over extended strike lengths, consistent with stratiform VMS-style mineralization. Table 1: Select 2012 Historical Trench Intercepts1 from Key Mineralized Zones TRENCH ID ZONE FR. (m) TO (m) INT. (m) Cu % Pb % Zn % Ag g/t Au g/t Au-C1 Gold 1.20 6.40 5.20 0.84 0.35 0.10 75.6 0.77 including Gold 5.40 6.40 1.00 3.20 0.50 0.35 131.0 1.32 Cu-C0 Copper 0.00 19.00 19.00 0.62 0.11 0.41 7.3 0.14 including Copper 0.00 5.00 5.00 1.65 0.09 0.08 13.3 0.32 including Copper 4.00 5.00 1.00 4.20 0.16 0.20 33.4 0.79 including Copper 7.00 12.00 5.00 0.30 0.33 1.42 9.9 0.11 Cu-C1 Copper 1.00 6.00 5.00 1.91 0.05 0.03 26.6 1.83 including Copper 2.00 3.00 1.00 3.70 0.05 0.01 43.2 3.25 Cu-C2 Copper 4.00 10.00 6.00 0.38 0.27 0.28 13.4 0.74 Cu-C3 Copper 0.00 4.00 4.00 0.69 0.40 0.25 42.9 0.26 M-C1 Main 0.00 4.00 4.00 0.03 2.05 3.96 262.6 0.30 M-C2 Main 2.20 5.20 3.00 0.03 1.19 0.24 123.5 0.16 M-C3 Main 0.00 2.20 2.20 0.04 1.93 0.13 452.9 0.31 MX-C1 Main Extension 0.00 3.75 3.75 0.10 2.10 3.86 152.2 0.06 MX-C2 Main Extension 0.00 1.40 1.40 0.11 5.14 8.95 311.6 0.40 1Trench intercepts are historic and may not be representative of true width Figure 1: Property Location, Geology, and Mineralized ZonesTo view an enhanced version of this graphic, please visit: "The presence of multiple, mineralized zones along an over 1 kilometre trend indicates a significant VMS system," said Trumbull Fisher, Anteros CEO. "Specifically, the underexplored feeder-style alteration and high-grade gold-copper intervals of the Copper and Gold Zones have emerged as immediate exploration priorities." Next Steps Building on the promising results to date, Anteros is planning a focused exploration program that includes: Field verification of historical trench and drill collar locations to validate spatial accuracy Integration of additional multi-element geochemistry into 3D models to refine and prioritize drill targets Hyperspectral and induced polarization ("IP") surveying to image alteration halos and sulphide concentrations at depth Diamond drilling of the Copper and Gold Zones, which remain largely untested despite returning high-grade trench results About The Property Strickland is held 100% by Anteros and is located approximately 85 kilometres south of Stephenville, within the Exploits Subzone of the prolific Dunnage Zone in central Newfoundland - an area renowned for hosting world-class VMS deposits. The Property hosts seven documented zones of copper ("Cu"), lead ("Pb"), zinc ("Zn"), silver ("Ag"), gold ("Au") mineralization along a 1.4 kilometre trend. Mineralization at Strickland is interpreted to represent a bimodal-felsic (Kuroko-type) VMS system. Documented sulphide mineralization includes sphalerite, chalcopyrite, galena, and pyrite in high-grade polymetallic horizons-positioning the Property within the scope of Canada's Critical Minerals Strategy. In 1981, D.R. Prince of Falconbridge Nickel Mines Ltd. reported the following historical mineral inventories: 260,000 tonnes at 195 g/t Ag and 5.25% combined Pb and Zn at the Main Zone, 15,000 tonnes at 480 g/t Ag and 2% combined Pb+Zn at the Silver Hill Zone, and 750,000 tonnes at 2% combined Pb+Zn at the Main Extension Zone (Source: Falconbridge Nickel Mines Ltd., Internal Report, Geofile #011O/16/0139) These estimates are considered historical in nature and were not prepared using current Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards. A Qualified Person has not completed sufficient work to classify the historical estimates as current mineral resources, and Anteros is not treating them as current mineral resources. The Company considers these estimates relevant to the extent that they indicate the presence of significant mineralization and support continued exploration. The reliability of the estimates is uncertain due to the age of the data, incomplete documentation of estimation methods, and the lack of modern QA/QC protocols. The original report does not provide specific cut-off grades, metal price assumptions, or a description of the estimation methodology. To verify or upgrade these estimates to current standards, Anteros would need to complete field validation of historic trench and drill collar locations, resample archived or in situ material using modern analytical methods, apply current QA/QC protocols, and complete a compliant geological model that supports estimation in accordance with CIM Definition Standards. Since acquiring the Property in March 2022, Anteros has completed comprehensive digital compilation and geological modelling of historical data including airborne and ground geophysics, geological mapping, geochemistry, and over 7,000 metres of historical drilling and trenching. More at Qualified Person The technical content of this news release has been reviewed and approved by Jesse R. Halle, an independent Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). About Anteros Metals Inc. Anteros is a multimineral junior mining company applying data science and geological expertise to identify and advance critical mineral opportunities in Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies. For further information please contact or visit: Email: info@ | Phone: +1-709-769-1151Web: | Social: @anterosmetals On behalf of the Board of Directors,Chris MorrisonDirector Email: chris@ | Phone: +1-709-725-6520Web: 16 Forest Road, Suite 200St. John's, NL, CanadaA1X 2B9 Cautionary Statement Regarding Forward-Looking Information This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements. 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
20-05-2025
- Yahoo
Three arrested in Lathrop home burglary
( — Three people were arrested after burglarizing a home and stealing new appliances over the weekend, according to the Lathrop Police Department. Video Above: Property Crime Statistics Police said that several brand-new appliances were stolen from a home that was under construction. Officers were able to find and arrest the suspects with the help of surveillance footage and social media. During a search of the suspect's home, officers recovered the stolen property and an illegally possessed handgun. Three minors arrested on weapon, auto theft charges Police arrested 39-year-old Jeffery Howard, 45-year-old Jennifer Anderson and 19-year-old Andrew Anderson. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
