Latest news with #Tortola
Yahoo
4 days ago
- Business
- Yahoo
Talon Metals Reports Results for the Quarter Ended June 30, 2025
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - August 14, 2025) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the three months ended June 30, 2025 of $1.2 million or nil per share (basic and diluted), which was primarily the result of administration expenses and foreign currency loss. This compares to a net loss for the three months ended June 30, 2024 of $0.7 million or nil per share (basic and diluted), which was primarily the result of administration expenses and stock option compensation. The Company's net loss for the six months period ended June 30, 2025 was $2.0 million or nil per share (basic and diluted). This compares to a net loss of $1.0 million or nil per share (basic and diluted) for the same period in the prior year. Capitalized exploration and development costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended June 30, 2025 amounted to $5.0 million, primarily the result of exploration and development costs and deferred expenditures of $5.1 million, offset by governments grants received of $0.1 million. This compares to capitalized exploration and development costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended June 30, 2024 of $6.1 million, primarily the result of exploration and development costs and deferred expenditures of $8.8 million, offset by governments grants received of $2.7 million. The total capitalized cost to the Tamarack Nickel-Copper-Cobalt Project to June 30, 2025 amounts to $230.5 million. Condensed Interim Consolidated Financial Statements for the three and six months ended June 30, 2025 and 2024, together with Management's Discussion and Analysis have been filed on SEDAR+ and are available at All amounts are presented in Canadian dollars. ABOUT TALON Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon's shares are also traded in the US over the OTC market under the symbol TLOFF. The Tamarack Nickel-Copper-Cobalt Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project and currently owns 51%. Talon has a neutrality and workforce development agreement in place with the United Steelworkers union. Talon's Battery Mineral Processing Facility in Mercer County was selected by the US Department of Energy for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the US Department of Defense awarded Talon a grant of US$20.6 million to support and accelerate Talon's exploration efforts in both Minnesota and Michigan. Talon has well-qualified experienced exploration, mine development, external affairs and mine permitting teams. For additional information on Talon, please visit the Company's website at or contact: Mike KicisPresidentTalon Metals 1 (647) 968-0060Email: kicis@ To view the source version of this press release, please visit
Globe and Mail
4 days ago
- Business
- Globe and Mail
Talon Metals Reports Results for the Quarter Ended June 30, 2025
Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - August 14, 2025) - Talon Metals Corp. (TSX: TLO) (" Talon" or the " Company") reported a net loss for the three months ended June 30, 2025 of $1.2 million or nil per share (basic and diluted), which was primarily the result of administration expenses and foreign currency loss. This compares to a net loss for the three months ended June 30, 2024 of $0.7 million or nil per share (basic and diluted), which was primarily the result of administration expenses and stock option compensation. The Company's net loss for the six months period ended June 30, 2025 was $2.0 million or nil per share (basic and diluted). This compares to a net loss of $1.0 million or nil per share (basic and diluted) for the same period in the prior year. Capitalized exploration and development costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended June 30, 2025 amounted to $5.0 million, primarily the result of exploration and development costs and deferred expenditures of $5.1 million, offset by governments grants received of $0.1 million. This compares to capitalized exploration and development costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the three months ended June 30, 2024 of $6.1 million, primarily the result of exploration and development costs and deferred expenditures of $8.8 million, offset by governments grants received of $2.7 million. The total capitalized cost to the Tamarack Nickel-Copper-Cobalt Project to June 30, 2025 amounts to $230.5 million. Condensed Interim Consolidated Financial Statements for the three and six months ended June 30, 2025 and 2024, together with Management's Discussion and Analysis have been filed on SEDAR+ and are available at All amounts are presented in Canadian dollars. ABOUT TALON Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon's shares are also traded in the US over the OTC market under the symbol TLOFF. The Tamarack Nickel-Copper-Cobalt Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project and currently owns 51%. Talon has a neutrality and workforce development agreement in place with the United Steelworkers union. Talon's Battery Mineral Processing Facility in Mercer County was selected by the US Department of Energy for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the US Department of Defense awarded Talon a grant of US$20.6 million to support and accelerate Talon's exploration efforts in both Minnesota and Michigan. Talon has well-qualified experienced exploration, mine development, external affairs and mine permitting teams. For additional information on Talon, please visit the Company's website at or contact:
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Goldmoney Inc. Reports Fiscal Year 2025 Annual Results and Publishes Annual Letter to Shareholders
Tortola, British Virgin Islands--(Newsfile Corp. - June 30, 2025) - Goldmoney Inc. (TSX: XAU) (US: XAUMF) ("Goldmoney" or the "Company"), today announced financial results for the fiscal year ended March 31, 2025. All amounts are expressed in Canadian dollars unless otherwise noted. Financial Highlights Group Tangible Capital of $150 million, an increase of 19% YoY. Group Tangible Capital per Share of $11.61, an increase of 21% YoY. Group Tangible Capital per Share excluding MENE of $10.63, an increase of 32% YoY. Non-IFRS Adjusted Net Income of $22.6 million, an increase of 35% YoY. Repurchased and cancelled total of 569,800 shares at an average purchase price of $8.41 in fiscal year 2025. In total, shares outstanding were reduced by 1.6% YoY. Annual Performance Metrics Table ($000s, except earnings per share) 2025 2024 2023 2022 2021 Key Performance Metrics (Balance Sheet) Shares outstanding 12,925 13,137 13,996 15,126 15,118 Tangible equity exclusive of MENE 137,337 105,457 107,599 100,032 90,830 Tangible equity per share exclusive of MENE 10.63 8.03 7.69 6.61 6.01 Total assets 341,916 244,092 228,222 233,814 190,218 Total liabilities 178,939 102,914 56,099 58,878 82,047 Key Performance Metrics (Operational) Total operating income 34,370 24,409 21,508 13,179 16,094 Net income (loss) 14,570 (22,087) 5,345 (7,228) 9,815 Non-IFRS adjusted net income (loss) 22,559 16,749 14,552 7,242 14,081 Annual Shareholder Letter Read the full Goldmoney Inc. Fiscal Year 2025 Shareholder Letter here. About Goldmoney Inc. Goldmoney Inc. (TSX: XAU) specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. Goldmoney also maintains diversified interests in property investment and jewelry manufacturing. For more information about Goldmoney, visit Financial Information and IFRS Standards The selected financial information included in this release is qualified in its entirety by, and should be read together with, the Company's consolidated financial statements for the fiscal year ended March 31, 2025 and prepared in accordance with IFRS Accounting Standards ("IFRS") and the corresponding management's discussion and analysis ("MD&A"), which are available under the Company's profile on SEDAR at Non-IFRS Measures This news release contains non-IFRS financial measures; the Company believes that these measures provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating the Company's performance, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. These non-IFRS financial measures do not have any standardized meaning and may not be comparable with similar measures used by other companies. For certain non-IFRS financial measures, there are no directly comparable amounts under IFRS. These non-IFRS financial measures should not be viewed as alternatives to measures of financial performance determined in accordance with IFRS. Moreover, presentation of certain of these measures is provided for year-over-year comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on the Company's operating results. Tangible Capital is a non-IFRS measure. This figure excludes from total shareholder equity (i) intangibles, and (ii) goodwill, and is useful to demonstrate the tangible capital employed by the business. Non-IFRS Adjusted Net Income is a non-IFRS measure, defined as total comprehensive income (loss) adjusted for non-cash and non-core items which include, but is not limited to, revaluation of precious metal inventories, fair value movements, stock-based compensation, depreciation and amortization, foreign exchange fluctuations and gains and losses on investments. For a full reconciliation of non-IFRS financial measures used herein to their nearest IFRS equivalents, please see the section entitled "Reconciliation of Non-IFRS Financial Measures" in the Company's MD&A for the year ended March 31, 2025. Media and Investor Relations inquiries: Sean Ty Chief Financial Officer Goldmoney Inc. +1 647 250 7098 Forward-Looking Statements This news release contains or refers to certain forward-looking information. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "may", "potential" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. All information other than information regarding historical fact, which addresses activities, events or developments that the Goldmoney Inc. believes, expects or anticipates will or may occur in the future, is forward-looking information. Forward-looking information does not constitute historical fact but reflects the current expectations the Company regarding future results or events based on information that is currently available. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking information will not occur. Such forward-looking information in this release speak only as of the date hereof. Forward-looking information in this release includes, but is not limited to, statements with respect to: financial performance and growth of the Company's business; expected results of operations, the market for the Company's products and services and competitive conditions; and the establishment of a real estate investment strategy. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the Company's operating history; history of operating losses; future capital needs and uncertainty of additional financing; fluctuations in the market price of the Company's common shares; the effect of government regulation and compliance on the Company and the industry; legal and regulatory change and uncertainty; jurisdictional factors associated with international operations; foreign restrictions on the Company's operations; product development and rapid technological change; dependence on technical infrastructure; protection of intellectual property; use and storage of personal information and compliance with privacy laws; network security risks; risk of system failure or inadequacy; the Company's ability to manage rapid growth; competition; the ability to identify opportunities for growth internally and through acquisitions and strategic relationships on terms which are economic or at all; the ability to identify and complete the acquisition of suitable real estate investment opportunities on terms which are economic or at all; effectiveness of the Company's risk management and internal controls; use of the Company's services for improper or illegal purposes; uninsured and underinsured losses; theft & risk of physical harm to personnel; precious metal trading risks; and volatility of precious metals prices & public interest in precious metals investment; and those risks set out in the Company's most recently filed annual information form, available on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. 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 information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by law.
Yahoo
17-06-2025
- Business
- Yahoo
Orca Announces Results of the Annual Meeting of Shareholders
TORTOLA, British Virgin Islands, June 17, 2025 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ('Orca' or the 'Company') (TSX-V: ORC.A, ORC.B) is pleased to announce the voting results from its annual meeting of shareholders held on June 17, 2025 (the "Meeting"). The results for each of the resolutions set forth in the Company's management proxy circular dated June 17, 2025 are set forth below: 1. Fixing the Number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed at five members. The results of the ballot were as follows: Percentage of Votes Cast at the Meeting (%) Class For Against A 100% 0% B 99.64% 0.36% 2. Election of Directors By ordinary resolution passed via ballot, all of the nominees proposed as directors were duly elected as directors of Orca to serve until the next annual meeting or until their successors are duly appointed or elected. The results of the ballot were as follows: Percentage of Votes Cast at the Meeting (%) Name of Nominee Class For Withheld David Ross AB 100%99.51% 0%0.49% Jay Lyons AB 100%99.13% 0%0.87% Linda Beal AB 100%99.36% 0%0.64% Dr. Frannie Léautier AB 100%99.36% 0%0.64% Lisa Mitchell AB 100%99.13% 0%0.87% 3. Appointment of Auditors By ordinary resolution passed via ballot, KPMG LLP, Chartered Professional Accountants, were appointed as auditors of the Company until the next annual meeting or until their successors are duly appointed and the directors were authorized to fix their remuneration. The results of the ballot were as follows: Percentage of Votes Cast at the Meeting (%) Class For Withheld A 100% 0% B 99.93% 0.07% About Orca Energy Group Inc. Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B. 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. CONTACT: For further information please contact: Jay Lyons ir@ +44 (0)20 8434 2754 Lisa Mitchell ir@ +44 (0)20 8434 2754 For media enquiries: Celicourt (PR) Mark Antelme Jimmy Lea Orca@ +44 (0)20 8434 2754
Associated Press
02-06-2025
- Business
- Associated Press
Markets4you Celebrates 18 Years with Global Recognition, New Features, and Expanded Trading Options
TORTOLA, British Virgin Islands, June 2, 2025 /PRNewswire/ -- Internationally recognized trading platform Markets4you (previously Forex4you) is proud to mark a major milestone in 2025 with a series of key announcements: a global award honoring its platform excellence, the launch of an exclusive anniversary promotion, the expansion of its stock portfolio with more than 20 new listings, and the rollout of its newly launched PAMM Partner Program. Markets4you Recognized as Best Online Trading Platform Global for 2025 Markets4you has been named Best Online Trading Platform Global 2025 by the International Business Magazine Awards. This recognition underscores the company's ongoing commitment to providing a secure, reliable, and user-friendly trading platform for clients worldwide. It reflects the progress Markets4you has made in providing an environment where traders can focus on their strategies and goals. 18th Anniversary Promotion with Over $50,000 in Prizes In celebration of 18 years of service, Markets4you has introduced a global promotion aimed at giving back to its client base. Running from April 1 to June 30, 2025, its 18th Anniversary Campaign allows eligible participants to win a range of high-value prizes, including cash rewards up to $50,000, premium gadgets, travel vouchers, and a luxury vehicle. The campaign reflects the company's appreciation for its global community and its long-standing trust in the Markets4you brand. Growing Opportunities for Partners with PAMM Earlier this year, Markets4you introduced its PAMM (Percentage Allocation Management Module) service, allowing investors to allocate funds to experienced traders who manage the trading on their behalf. Following its successful launch, the brokerage has now rolled out its PAMM Partner Program, where partners can earn up to 40% in rebates from spreads or commissions, offering a competitive and flexible earning model. This new program reflects Markets4you's ongoing commitment to building strong, rewarding partnerships within its global network. 20+ New Global Stocks Now Available In response to growing demand for more trading options, Markets4you has added more than 20 new stocks to its platform. The latest additions include internationally recognized companies such as Louis Vuitton, AstraZeneca, Unilever, SAP, Volkswagen, and several others across multiple sectors. This expansion is part of the broker's broader initiative to offer clients greater flexibility, access to more international markets, and the ability to align their trading strategies with companies they know and trust. About Markets4you Markets4you is an award-winning, multi-asset trading platform offering contracts for difference (CFDs) in a wide range of markets across various assets, including forex, stocks, commodities, indices, and cryptocurrencies. For 18 years, Markets4you has been trusted by over 3 million traders and 100,000 partners worldwide. The award-winning broker has attained over 40 industry awards, including: Best Partnership Program Asia 2025 – International Business Magazine Best Forex Broker APAC 2025 – FXDailyInfo Most Innovative Forex Trading Solutions Provider 2025 – Global Business Magazine Forex4you and Markets4you are registered trademarks of E-Global Trade & Finance Group, Inc. For more information, users can visit Contact Global Marketing and Education Khairil Basyar Markets4you [email protected] Photo: Logo: View original content to download multimedia: SOURCE Markets4you
