Latest news with #SEDAR
Yahoo
15 hours ago
- Business
- Yahoo
Starcore Reports Year End 2025 Results
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") has filed the results for the year end dated April 30, 2025 for the Company and its mining operations in Queretaro, Mexico. The full version of the Company's Financial Statements and Management's Discussion and Analysis can be viewed on the Company's website at or SEDAR+ at All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated. "The Company reported income of $2.5 million from mining operations in the fourth quarter, finishing strong at $6.3 million for the year," reported Robert Eadie, Chief Executive Officer. "With the carbon circuit testing being completed and recently announced acquisitions, we are looking forward to the coming fiscal year." Financial Highlights for the year ending April 30, 2025 (audited) and quarter ended April 30, 2025 (unaudited): Cash on hand is $3.1 million and working capital of $2.5 million at April 30, 2025; Gold and silver sales of $32.2 million; Income from mining operations of $6.3 million for the year and $2.5 million in the 4th quarter ended April 30, 2025; Income for the year of $0.2 million, or $0.00 per share and $1.6 million, or $0.02 per share, for the quarter ended April 30, 2025; EBITDA(1) of $2.8 million. The following table contains selected highlights from the Company's audited Consolidated Statements of Profit for the three months and years ended April 30, 2025 and April 30, 2024: Three Months Ended Twelve Months EndedApril 30, 2025April 30, 2024April 30, 2025 April 30, 2024Revenues $ 9,368$ 9,335$ 32,159$ 28,327Cost of Sales(6,914) (7,173) (25,827) (25,922) Income from mining operations2,454 2,162 6,332 2,405Administrative Expenses(2,707) (1,295) (7,505) (4,100)Gain (loss) on investment97 19 97 (310)Gain (loss) on sale of assets(40) - (40) 37Income tax (expense)/ recovery1,808 3,637 1,331 3,601Total income / (loss) (i) Total income/ (loss) $ 1,612$ 4,523$ 215$ 1,633(ii) Income/(loss) per share - basic & diluted $ 0.02$ 0.06$ 0.00$ 0.03Total assets $ 55,998$ 51,973$ 55,998$ 51,973Total long-term liabilities $ 8,041$ 7,186$ 8,041$ 7,186 Reconciliation of Net Income to EBITDA(1) For the year ended April 30,2025 2024Net income $ 215$ 1,633Depreciation and depletion3,453 2,828Rehabilitation and closure cost accretion331 235Interest expense6 2Accretion on share buyback27 -Lease accretion52 56Income tax expense (recovery)(1,331) (3,601)Depreciation and depletion $ 2,753$ 1,153EBITDA MARGIN(2)8.6% 4.1% (1) EBITDA ("Earnings before Interest, Taxes, Depreciation and Amortization") is a non-GAAP financial performance measure with no standard definition under IFRS. It is therefore possible that this measure could not be comparable with a similar measure of another Corporation. The Corporation uses this non-GAAP measure which can also be helpful to investors as it provides a result which can be compared with the Corporation's market share price.(2) EBITDA MARGIN is a measurement of a company's operating profitability calculated as EBITDA divided by total revenue. EBITDA MARGIN is a non-GAAP financial performance measure with no standard definition under IFRS. It is therefore possible that this measure could not be comparable with a similar measure of another Corporation. The Corporation uses this non-GAAP measure which can also be helpful to investors as it provides a result which can be compared with the Corporation's market share price. Production Highlights for the year and quarter ended April 30, 2025: Equivalent gold production of 8,916 ounces for the year and 2,342 ounces for the 4th quarter; Mine operating cash cost of US$1,936/EqOz for the year and US$1,888/EqOz for the 4th quarter; All-in sustaining costs of US$2,662/EqOz for the year. The following table is a summary of mine production statistics for the San Martin mine for the three and twelve months ended April 30, 2025 and April 30, 2024: (Unaudited) Unit of measure Actual results 3 months ended30-Apr-25 Actual results 3 months ended30-Apr-24 Actual results 12 months ended30-Apr-25 Actual results 12 months ended30-Apr-24 Mine production of Gold in Dore thousand ounces 2.2 3.0 8.3 9.4 Mine production of Silver in Dore thousand ounces 15.2 19.7 49.3 58.0 Total mine production - equivalent ounces thousand ounces 2.3 3.2 8.9 10.1 Silver to Gold equivalency ratio93.0 87.1 82.6 84.9 Mine Gold grade grams/tonne 1.57 1.91 1.58 1.50 Mine Silver grade grams/tonne 15.77 19.59 14.27 15.82 Mine Gold recovery percent 81.7% 88.6% 83.1% 87.0% Mine Silver recovery percent 56.7% 56.9% 53.0% 50.9% Milled thousands of tonnes 53.4 55.9 197.9 224.3 Mine operating cash cost per tonne milled US dollars/tonne 83 82 87 76 Mine operating cash cost per equivalent ounce US dollars/ounces 1,888 1,411 1,936 1,686 Salvador Garcia, B. Eng., a director of the Company and Chief Operating Officer, is the Company's qualified person on the project as required under NI 43-101 and has prepared the technical information contained in this press release. About Starcore Starcore International Mines is engaged in precious metals production with focus and experience in Mexico. While this base of producing assets is complemented by exploration and development projects throughout North America, Starcore has expanded its reach internationally with the project in Côte d'Ivoire. The Company is a leader in Corporate Social Responsibility and advocates value driven decisions that will increase long term shareholder value. You can find more information on the investor friendly website here: ON BEHALF OF STARCORE INTERNATIONAL MINES LTD. Signed "Gary Arca" Gary Arca, Chief Financial Officer and Director FOR FURTHER INFORMATION PLEASE CONTACT: GARY ARCA Telephone: (604) 602-4935 LinkedInX Facebook The Toronto Stock Exchange has not reviewed nor does it accept responsibilityfor the adequacy or accuracy of this press release. This news release contains "forward-looking" statements and information ("forward-looking statements"). All statements, other than statements of historical facts included herein, including, without limitation, management's expectations and the potential of the Company's projects, are forward looking statements. Forward-looking statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company's management and reflect the beliefs, opinions, and projections on the date the statements are made. Forward-looking statements involve various risks and uncertainties and accordingly, readers are advised not to place undue reliance on forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company assumes no obligation to update forward‐looking statements or beliefs, opinions, projections or other factors, except as required by law. NOT FOR DISTRIBUTION IN THE UNITED STATES To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
6 days ago
- Business
- Globe and Mail
Skycap Investment Holdings Inc, Announces Filing of Audited Consolidated Financial Statements and Related Materials
Toronto, Ontario--(Newsfile Corp. - July 23, 2025) - Skycap Investment Holdings Inc. (CSE: SKY) (formerly Li-Metal Corp.) (the "Company"), announces the filing on SEDAR+ of its audited consolidated financial statements for the year ended March 31, 2025 (the "Financials"), the related management's discussion and analysis relating to the Financials, and the related officer certifications of the Company relating to the Financials. About Skycap Investment Holdings Inc. Skycap is a Canadian-based investment issuer focused on identifying and investing in high-growth sectors. Leveraging its financial resources and market expertise, Skycap aims to deliver sustainable value to its stakeholders through strategic and diversified investments. Additional information can be found in the Company's filing statement dated March 27, 2025, available under the Company's profile on SEDAR+ at Contact:
Globe and Mail
7 days ago
- Business
- Globe and Mail
Diversified Royalty Corp. Announces Filing of Final Short Form Base Shelf Prospectus
VANCOUVER, British Columbia, July 22, 2025 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and (the 'Corporation' or 'DIV') announced today that it has filed, and received receipt for, a final short form base shelf prospectus (the 'Prospectus'). The Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada. DIV's prior short form base shelf prospectus dated June 19, 2023, expired on July 19, 2025. Accordingly, DIV filed the Prospectus to maintain financial flexibility and efficient access to Canadian capital markets to pursue strategic initiatives. A copy of the Prospectus is available under DIV's profile on SEDAR+ at The Prospectus is valid for a 25-month period during which time DIV may, from time to time, issue common shares, warrants, subscription receipts, debt securities, convertible securities or rights or any combination thereof, including in the form of units (collectively, the 'Securities'). The specific terms of any offering of Securities will be described in one or more shelf prospectus supplements which will be filed at the time of the offering of such Securities. There is no certainty any Securities will be offered or sold under the Prospectus within the 25-month effective period. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV's objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. DIV currently owns the Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito and Cheba Hut trademarks. Mr. Lube + Tires is the leading quick lube service business in Canada, with locations across Canada. AIR MILES® is Canada's largest coalition loyalty program. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada's leading franchisee supplemental education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada. Cheba Hut is a fast casual toasted sub sandwich franchise with locations in the United States. DIV's objective is to increase cash flow per share by making accretive royalty purchases and through the growth of purchased royalties. DIV intends to continue to pay a predictable and stable monthly dividend to shareholders and increase the dividend over time, in each case as cash flow per share allows. Forward-Looking Information Certain statements contained in this news release may constitute 'forward-looking information' within the meaning of applicable securities laws that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The use of any of the words 'anticipate', 'continue', 'estimate', 'expect', 'intend', 'may', 'will', 'project', 'should', 'believe', 'confident', 'plan' and 'intends' and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specifically, forward-looking information in this news release includes, but is not limited to, statements made in relation to: the Prospectus being filed to provide DIV with financial flexibility and efficient access to Canadian capital markets to pursue strategic initiatives; the specific terms of any offering of Securities will be described in one or more shelf prospectus supplements which will be filed at the time of the offering of such Securities; DIV's objective to continue to pay predictable and stable monthly dividends to shareholders; and DIV's corporate objectives. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events, performance, or achievements of DIV to differ materially from those anticipated or implied by such forward-looking information. DIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: DIV will complete any offerings of Securities under the Prospectus; DIV will be able to make monthly dividend payments to the holders of its common shares; or DIV will achieve any of its corporate objectives. Given these uncertainties, readers are cautioned that forward-looking information included in this news release are not guarantees of future performance, and such forward-looking information should not be unduly relied upon. More information about the risks and uncertainties affecting DIV's business and the businesses of its royalty partners can be found in the 'Risk Factors' section of its Annual Information Form dated March 24, 2025 and in its most recent Management's Discussion and Analysis, copies of each of which are available under DIV's profile on SEDAR+ at In formulating the forward-looking information contained herein, management has assumed that, among other things: DIV will complete one or more offerings of Securities under the Prospectus and one or more shelf prospectus supplements and DIV will successfully deploy the proceeds therefrom; DIV will generate sufficient cash flows from its royalties to service its debt and pay dividends to shareholders; the business and economic conditions affecting DIV and its royalty partners will continue substantially in the ordinary course, including without limitation with respect to general industry conditions, general levels of economic activity and regulations. These assumptions, although considered reasonable by management at the time of preparation, may prove to be incorrect. All of the forward-looking information in this news release is qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, DIV. The forward-looking information included in this news release is presented as of the date of this news release and DIV assumes no obligation to publicly update or revise such information to reflect new events or circumstances, except as may be required by applicable law. Additional information relating to the Corporation and other public filings, is available on SEDAR+ at Greg Gutmanis, President and Chief Financial Officer Diversified Royalty Corp. (236) 521-8471
Cision Canada
21-07-2025
- Business
- Cision Canada
NEVADA KING FILES TECHNICAL REPORT FOR THE MINERAL RESOURCE ESTIMATE AT ATLANTA INCLUDING OVER 1MOZ OF M&I
VANCOUVER, BC, July 21, 2025 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF) (" Nevada King" or the " Company") is pleased to announce that further to its news release dated June 4, 2025, the Company has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (" NI 43-101") technical report titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA" (the " Technical Report"), under the Company's profile on SEDAR+ at The Technical Report was prepared by RESPEC (formerly Mine Development Associates) and is also available on the Company's website at Qualified Person The scientific and technical information in this news release has been reviewed and approved by Calvin R. Herron, who is a Qualified Person as defined in NI 43-101. About Nevada King Gold Corp. Nevada King is focused on advancing and growing its 100% owned, past producing, 120km 2 Atlanta Gold Mine project located along the Battle Mountain trend in southeast Nevada. The project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020koz Au in the measured and indicated category (27.7M tonnes at 1.14 g/t) plus an inferred resource of 98.5koz Au (3.6M tonnes at 0.84 g/t). See the NI 43-101 Technical Report on titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA" with an effective date of September 6, 2024, and a report date of July 18, 2025, as prepared by RESPEC (formerly Mine Development Associates) and filed under the Company's profile on SEDAR+ NI 43-101 Mineral Resources at the Atlanta Mine by RESPEC 2025 Please see the Company's website at Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward Looking Information This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements in this release, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Nevada King, plans, intentions, beliefs, and expectations are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Nevada King, are inherently subject to significant business, economic, technical, geologic, environmental, regulatory, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Nevada King does not assume any obligation to update forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable securities laws. SOURCE Nevada King Gold Corp.
National Post
17-07-2025
- Business
- National Post
Exchange Income Corporation Announces July 2025 Dividend
Exchange Income Corporation is a diversified acquisition-oriented company, focused in two segments: aerospace & aviation and manufacturing. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth. For more information on the Corporation, please visit . Additional information relating to the Corporation, including all public filings, is available on SEDAR+ ( ). Article content Many of these forward-looking statements may be identified by looking for words such as 'believes', 'expects', 'will', 'may', 'intends', 'projects', 'anticipates', 'plans', 'estimates', 'continues' and similar words or the negative thereof. These uncertainties and risks include, but are not limited to, external risks, operational risks, financial risks and human capital risks. External risks include, but are not limited to, risks associated with economic and geopolitical conditions, competition, government funding for Indigenous health care, access to capital, market trends and innovation, general uninsured loss, climate, acts of terrorism, armed conflict, labour and/or social unrest, pandemic, level and timing of government spending, government-funded programs and environmental, social and governance. Operational risks include, but are not limited to, significant contracts and customers, operational performance and growth, laws, regulations and standards, acquisitions (including receiving any requisite regulatory approvals thereof), concentration and diversification, maintenance costs, access to parts and relationships with key suppliers, casualty losses, environmental liability, dependence on information systems and technology, cybersecurity, international operations, fluctuations in sales prices of aviation related assets, fluctuations in purchase prices of aviation related assets, warranty, performance guarantees, global offset and intellectual property risks. Financial risks include, but are not limited to, availability of future financing, income tax matters, commodity risk, foreign exchange, interest rates, credit facility and the trust indentures, dividends, unpredictability and volatility of securities pricing, dilution and other credit risk. Human capital risks include, but are not limited to, reliance on key personnel, employees and labour relations and conflicts of interest.
