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Cision Canada
2 days ago
- Business
- Cision Canada
COMMERCE RESOURCES AND MONT ROYAL RESOURCES ANNOUNCE ISSUE OF INCENTIVE OPTIONS AND PERFORMANCE SHARE UNITS
MONTREAL, July 28, 2025 /CNW/ -- Commerce Resources Corp. ("Commerce" or the "Company") (TSXV: CCE, FSE: D7H0) is pleased to announce that it has granted (the "Grant") an aggregate of 3,000,000 incentive stock options (each, an "Option") to purchase up to 3,000,000 common shares of the Company (each, a "Share") equally to Nicholas Holthouse, Jeremy Robinson and Adam Ritchie under its Equity Incentive Plan. The Options are exercisable for a period of three years from the date of Grant, expiring on July 28, 2028, at a price of $0.139 per Share. The options all vest immediately. Further, the Company has issued 15,000,000 Performance Share Units (PSU) to convert up to 15,000,000 Shares to certain officers under its Equity Incentive Plan. 9,000,000 PSU's to be issued to CEO and President Nicholas Holthouse and a further 3,000,000 to be issued to Jeremy Robinson and Adam Ritchie respectively. The PSU's will expire on 12 July 2028 for Mr Holthouse and 28 July 2028 for Mr Robinson and Mr Ritchie. For more information, please visit the corporate website at or email [email protected]. On Behalf of the Board of Directors COMMERCE RESOURCES CORP. Ian Graham Chairman Tel: 604.484.2700 Email: [email protected] Web: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Forward looking statements in this news release include statements regarding the proposed Transaction and the terms thereof; the anticipated filing of materials on SEDAR+; the completion of the Transaction, including, receipt of all necessary court, shareholder and regulatory approvals and timing thereof; the proposed Consolidation and the terms thereof; the expectation that the Commerce Shares will be delisted from the TSXV; the expectation that the Mont Royal Shares will be dual-listed on the ASX and TSXV; the continued advancement of the Ashram Project to development; that Ashram's fluorspar component which makes it one of the largest potential sources of fluorspar in the world and could be a long-term supplier to the met-spar and acid-spar markets; that the Company is positioning to be one of the lowest cost rare earth element producers globally, with a focus on being a long-term global supplier of mixed rare earth carbonate and/or NdPr oxide; and that the Company may explore the potential of other high-value commodities on the Ashram Property. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these events, activities or developments from coming to fruition include: the ability to obtain approvals in respect of the Transaction and to consummate the Transaction, the ability to obtain approvals for the listing of the Mont Royal Shares on the TSXV and the ASX; integration risks, actual results of current and future exploration activities; that the Company may not be able to fully finance any additional exploration on the Ashram Project; that even if the Company is able raise capital, costs for exploration activities may increase such that the Company may not have sufficient funds to pay for such exploration or processing activities; the timing and content of the proposed drill program and any future work programs may not be completed as proposed or at all; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from the Ashram Project may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for rare earth elements and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability; and despite the current expected viability of the Ashram Project, conditions changing such that even if metals or minerals are discovered on the Ashram Project, the project may not be commercially viable, or other risks detailed herein and from time to time in the filings made by the Company with applicable Canadian securities regulators. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. These forward-looking statements are based on our current expectations, estimates, forecasts and projections about our business and the industry in which we operate and management's beliefs and assumptions, including the non-occurrence of the risks and uncertainties that are described above and in the filings made with the applicable Canadian securities regulators or other events occurring outside of our normal course of business, and are not guarantees of future performance or development and involve known and unknown risks, uncertainties and other factors that are in some cases beyond our control. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Fox News
4 days ago
- Entertainment
- Fox News
The Quiz #478 - Every Time I Think I'm Out
Every time I think I'm out… The Quiz pulls me back in. Play. Share. Listen with actor Henry Golding.


Fox News
6 days ago
- Entertainment
- Fox News
The Quiz #476
Stake your claim and take The Quiz! Play. Share. Listen with FOX News Headlines 24/7 Anchor, CJ Papa.


India.com
23-07-2025
- Business
- India.com
Shares of this EPC firm gain as board approves conversion of warrants
1 लाख के निवेश पर 10 लाख का फायदा Shares of EPC firm Man Infraconstruction surged nearly 2 per cent in Wednesday's trading session as the company has informed exchanges that the board has approved the conversion of warrants into equity shares. The realty stock opened at Rs 181 on the BSE against the previous close of Rs 178.20. It gained further to touch the intraday high of Rs 181.65. This is a gain of 1.93 per cent. In between, the counter hit a low of Rs 177.75. Technically, it is trading higher than the 50-day and 100-day moving averages but lower than the 5-day, 20-day and 200-day moving averages. The company has a 52-week high of Rs 262.50 and a 52-week low of Rs 135.05. The company's market capitalisation is Rs 6,805.88 crore. The company informed the exchanges, on July 22, that the board has approved the conversion of 1,58,81,580 warrants into equity shares with a face value of Rs 2 each on preferential basis to an amount aggregating up to Rs 1,84,62,33,675 at the rate of Rs 116.25 per warrant. Man Infraconstruction Q4 Results Earlier, Man Infraconstruction reported over 50 per cent growth in consolidated net profit to Rs 97.15 crore in the quarter ended March 31, 2025, helped by lower expenses. It had posted a net profit of Rs 64.65 crore in the January-March period of the preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income was at Rs 327.83 crore, down from Rs 332.26 crore in the year-ago quarter. Share Market Today Benchmark indices Sensex and Nifty rallied in early trade on Wednesday, tracking a positive trend in Asian markets. Japan securing a trade deal with the US propelled a rally in Asian markets, which in turn added to an optimistic trend in domestic equities, an expert said. The 30-share BSE Sensex climbed 288.64 points to 82,475.45 in initial 50-share NSE Nifty went up by 88.95 points to 25,149.85. From the Sensex firms, Tata Motors, Maruti, Eternal, Mahindra & Mahindra, Adani Ports and Bharti Airtel were among the biggest gainers. However, Titan, State Bank of India, HDFC Bank and Hindustan Unilever were among the laggards. With PTI inputs


Business Wire
08-07-2025
- Business
- Business Wire
Cushman & Wakefield Releases 2024 Sustainability Report
CHICAGO--(BUSINESS WIRE)--Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today released its 2024 Sustainability Report, demonstrating the firm's commitment to operational excellence and responsible business practices. The report highlights the firm's global impact across key sustainability areas during 2024 and progress on future targets that will help shape a more sustainable and inclusive future for its people, clients, planet and communities. Cushman & Wakefield, a leading global real estate services firm, today released its 2024 Sustainability Report, demonstrating the firm's commitment to operational excellence and responsible business practices. Share Cushman & Wakefield prioritizes sustainability and continuously delivers on its commitment to embed sustainable practices into its operations and service offerings to help clients achieve their ambitious goals, strengthen their corporate reputation and reduce risks. The 2024 Sustainability Report highlights the firm's dedication to maintaining transparency, embracing accountability and driving ongoing progress across sustainability initiatives. 'We recognize the profound role we play in shaping a sustainable future for the built environment,' said Jessica Francisco, Chief Sustainability Officer at Cushman & Wakefield. 'Our 2024 Sustainability Report reflects the strides we've made toward reducing our carbon footprint, enhancing energy efficiency and fostering communities that thrive. We are particularly proud to have achieved our 2030 emissions reduction target for Scope 1 and 2 emissions six years ahead of schedule—a clear indication of the meaningful progress we are making. This milestone underscores our dedication to building a better, more sustainable future for generations to come.' Cushman & Wakefield's 2024 key sustainability achievements include: Provided sustainability services for 85,126 buildings totaling over 1.18 billion square feet Exceeded its target of a 50% reduction in Scope 1 and 2 market-based greenhouse gas emissions relative to a 2019 baseline, six years ahead of schedule Procured 87% of electricity for the firm's corporate offices from renewable sources Launched new company DRIVE (Driven, Resilient, Inclusive, Visionary and Entrepreneurial) values and purpose; 91% of employees reported understanding the DRIVE values in a subsequent engagement survey Launched a new Environment, Health and Safety (EHS) strategy and global 360 EHS model Performed 377 CHECKIT health and safety audits across the firm's operational activities 'At Cushman & Wakefield, advancing a more sustainable future is a strategic imperative that we have committed to delivering on for our business, clients and stakeholders,' said Nathaniel Robinson, Chief Investment & Strategy Officer at Cushman & Wakefield. 'By aligning our sustainability initiatives with our broader strategic priorities, we are building resilience, unlocking opportunities for growth, and setting a new benchmark for performance and responsibility across the commercial real estate industry.' The firm was recently named one of America's Climate Leaders 2025 by USA TODAY. Cushman & Wakefield's 2024 Sustainability Report is available here. About Cushman & Wakefield Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit