Latest news with #VentumFinancial
Business Insider
3 days ago
- Business
- Business Insider
Ventum Financial Remains a Buy on Calian Group (CGY)
In a report released today, from Ventum Financial maintained a Buy rating on Calian Group, with a price target of C$58.00. The company's shares closed today at C$47.33. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. In addition to Ventum Financial, Calian Group also received a Buy from Desjardins's Benoit Poirier in a report issued today. However, yesterday, TR | OpenAI – 4o downgraded Calian Group (TSX: CGY) to a Hold. Based on Calian Group's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$193.67 million and a net profit of C$295 thousand. In comparison, last year the company earned a revenue of C$201.27 million and had a net profit of C$4.93 million Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CGY in relation to earlier this year.
Business Insider
10-08-2025
- Business
- Business Insider
Ventum Financial Remains a Buy on Propel Holdings Inc (PRL)
In a report released on August 8, Rob Goff from Ventum Financial maintained a Buy rating on Propel Holdings Inc, with a price target of C$45.00. The company's shares closed last Friday at C$36.01. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Goff is a 5-star analyst with an average return of 30.6% and a 47.19% success rate. In addition to Ventum Financial, Propel Holdings Inc also received a Buy from Raymond James's Stephen Boland in a report issued on August 8. However, on August 7, Scotiabank maintained a Hold rating on Propel Holdings Inc (TSX: PRL). Based on Propel Holdings Inc's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$138.9 million and a net profit of C$23.5 million. In comparison, last year the company earned a revenue of C$88.72 million and had a net profit of C$13.12 million Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PRL in relation to earlier this year.
Yahoo
05-08-2025
- Business
- Yahoo
Volatus Aerospace Inc. Announces 'Bought Deal' Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) ('Volatus' or the 'Company') is pleased to announce it has entered into an agreement with Ventum Financial Corp. (the "Underwriter") in connection with a bought deal private placement of 8,076,924 units of the Company (the 'Offered Securities') at a price of $0.52 per Offered Security (the 'Issue Price') for gross proceeds of $4,200,000 (the 'Offering'). Each Offered Security will consist of one common share of the Company and one-half of one common share purchase warrant of the Company (each whole warrant, a 'Warrant'), with each whole Warrant entitling the holder thereof to acquire one common share of the Company at an exercise price of $0.76 and for a period of 36 months following the Closing Date (as defined below). The Offered Securities will be offered for sale to purchasers in all the provinces of Canada in reliance on the "Listed Issuer Financing Exemption" provided for in Part 5A of National Instrument 45-106 – Prospectus Exemptions and Coordinated Blanket Order 45-935 issued by the Canadian Securities Administrators, and will not be subject to any statutory hold periods under applicable Canadian securities laws, up to the maximum allowable amount under the exemption. There is an offering document related to this Offering that can be accessed under the Company's profile at and the Company's website at Prospective investors should read this offering document before making an investment decision. In addition, the Company has granted the Underwriter an option (the 'Underwriter Option') to purchase up to an additional 15% of the Offered Securities sold under the Offering at the Issue Price. The Underwriter Option may be exercised in whole or in part at any time up to 48 hours prior to the Closing Date. Any Offered Securities offered pursuant to the Underwriter Option will be offered by way of private placement, subject to a four-month and one day hold. As compensation, the Underwriter will be entitled to a cash fee in an amount equal to 6.0% of the aggregate gross proceeds from the Offering. In addition, the Underwriter will receive non-transferable warrants exercisable at any time prior to the date that is 12 months from the Closing Date to acquire that number of common shares which is equal to 6.0% of the number of Offered Securities sold under the Offering at an exercise price equal to $0.76. The Company intends to use the net proceeds of the Offering for expansion into the defense business segment of the Company, increase inventory of drone systems to fulfill increased demand in the United States, Canada, and internationally, and for general working capital and corporate purposes. The Offering is scheduled to close on or about August 14, 2025 (the 'Closing Date') and is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities 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. Volatus is a leader in innovative global aerial solutions for intelligence and cargo. With over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems for a wide array of industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure. The Company is committed to enhancing operational efficiency, safety, and sustainability through cutting-edge aerial technologies. For more information, visit information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding the closing of the Offering, TSXV approval of the Offering, use of proceeds from the Offering, and the business, strategy, products, corporate vision, plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals, including but not limited to failure to complete the Offering, and the need to satisfy regulatory and legal requirements with respect to the Offering. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law. For further information, please contact: Abhinav Singhvi, Chief Financial Neither 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.
Yahoo
30-07-2025
- Business
- Yahoo
Faraday Copper raises $35m in financing round for Copper Creek Project in Arizona
Faraday Copper has finalised its previously announced bought deal financing, raising C$48.77m ($35.5m). The company executed a brokered bought deal and a non-brokered private placement, selling a combined 44.3 million common shares at C$1.10 each. The brokered offering, led by Ventum Financial, and supported by a consortium of underwriters, resulted in the sale of 26.1 million common shares, generating gross proceeds of C$28.75m. The underwriters, including BMO Nesbitt Burns, Canaccord Genuity, Haywood Securities and TD Securities, fully exercised their over-allotment option in the process. Concurrently, Faraday Copper engaged in a non-brokered private placement of 18.2 million common shares, which raised an additional C$20.02m. The net proceeds from these offerings are earmarked for the advancement of the Copper Creek Project in Arizona, US. The funds will also support working capital needs and general corporate requirements. The Copper Creek Project, situated in Pinal County, Arizona, encompasses a 3km-long porphyry copper deposit. Located less than two hours north-east of Tucson, the project benefits from its position within a well-established mining district known for its abundant resources and existing infrastructure, stated the company. This site is at the nexus of two major copper belts in the south-west of North America. It neighbours the Miami-Globe and Ray mining districts and is aligned with the copper-rich area signified by the former BHP Kalamazoo Mine in San Manuel, Arizona. In a related party disclosure, it was revealed that the Lundin Family Trusts, associated with the late Adolf H. Lundin, acquired 9.4 million common shares during the offering. As the largest shareholder of Faraday Copper, the trusts' participation is considered a related party transaction under Multilateral Instrument 61-101. However, several exemptions have been applied, waiving the need for formal valuation and minority shareholder approval. "Faraday Copper raises $35m in financing round for Copper Creek Project in Arizona" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
14-07-2025
- Business
- Yahoo
Faraday Copper Announces C$30 Million Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / / July 14, 2025 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce a brokered and non-brokered financing for up to $30,000,080 from strategic and other investors, including the Lundin Family Trusts (as defined below), to advance exploration and development of its Copper Creek Project, located in Arizona, U.S. Brokered Private Placement The Company is pleased to announce it has entered into an agreement with Ventum Financial Corp. as lead underwriter and sole bookrunner (the "Lead Underwriter"), on its own behalf and on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase an aggregate of 13,636,400 common shares (the "Common Shares") on a "bought deal" private placement basis, at a price of $1.10 per Common Share (the "Offering Price") for aggregate gross proceeds of $15,000,040 (the "Brokered Offering"), excluding additional proceeds raised from the exercise of the Underwriters' Option (defined below). The Brokered Offering will be made in accordance with the 'listed issuer financing exemption' in Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (together, the "Listed Issuer Financing Exemption"), to purchasers in any province or territory of Canada, except Québec. The Common Shares issued and sold pursuant to the Listed Issuer Financing Exemption will not be subject to a 'hold period' pursuant to applicable Canadian securities laws. There is an offering document related to the Brokered Offering that can be accessed under the Company's issuer profile at and on the Company's website at Prospective investors purchasing under the Listed Issuer Financing Exemption should read this offering document before making an investment decision. The Common Shares may also be sold to purchasers in the United States pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and other qualifying jurisdictions outside of Canada that are mutually agreed to by the Company and the Underwriters pursuant to relevant prospectus or registration exemptions in accordance with applicable laws. The Company has granted to the Underwriters an option (the "Underwriters' Option") to increase the size of the Brokered Offering by up to an additional number of Common Shares that in aggregate would be equal to 15% of the total number of Common Shares to be issued under the Brokered Offering, to cover over-allotments, if any, exercisable at any time up to 48 hours prior to closing of the Brokered Offering. In connection with the Brokered Offering, the Underwriters will receive an aggregate cash fee equal to 5.0% of the gross proceeds thereunder, including additional proceeds raised from the exercise of the Underwriters' Option. The Company intends to use the net proceeds from the Brokered Offering for exploration and development of its Copper Creek Project and for general working capital purposes. The Brokered Offering is scheduled to close on or about July 29, 2025 (the "Closing Date") and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange. Non-Brokered Private Placement Concurrently with the Brokered Offering, the Company will conduct a non-brokered private placement of up to 13,636,400 additional Common Shares (the "Additional Shares") at the Offering Price to raise up to C$15,000,040 million (the "Non-Brokered Offering"). The Lundin Family Trusts (as defined below) have indicated their intention of subscribing in the Non-Brokered Offering. The Additional Shares may be offered to purchasers resident in Canada pursuant to applicable prospectus exemptions, other than the Listed Issuer Financing Exemption, in accordance with applicable securities laws, and may also be offered to purchasers in the United States pursuant to one or more exemptions from the registration requirements of the U.S. Securities Act of 1933. Any Additional Shares issued to purchasers resident in Canada will be subject to a hold period in accordance with applicable Canadian securities laws, expiring four months and one day following the issue date. The Company intends to use the net proceeds from the Non-Brokered Offering for exploration and development of its Copper Creek Project and for general working capital purposes. The Non-Brokered Offering is scheduled to close on or about July 29, 2025 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Toronto Stock Exchange. The closing of the Brokered Offering and the closing of the Non-Brokered Offering are not cross conditional. Trusts settled by the late Adolf H. Lundin (the "Lundin Family Trusts") have indicated their intention to participate in the Non-Brokered Offering. Any such participation would be considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), as a private entity controlled by the Lundin Family Trusts is currently the Company's largest shareholder. The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any Common Shares issued to or the consideration paid by such persons will exceed 25% of the Company's market capitalization. The securities offered in the Brokered Offering and Non-Brokered Offering have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Faraday Copper Faraday Copperis an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Projectis one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY". For additional information please contact: Stacey Pavlova, CFAVice President, Investor Relations & CommunicationsFaraday Copper Corp.E-mail: info@ To receive news releases by e-mail, please register using the Faraday website at Cautionary Note on Forward Looking Statements Some of the statements in this news release, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward- looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the exploration potential of the Copper Creek property; completion of the Brokered and Non-Brokered Financings, and the timing thereof; the anticipated use of net proceeds of the Brokered and Non-Brokered Financings; the receipt of TSX and other regulatory approvals. Although Faraday believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information. Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of mineral resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this press release, and any representation to the contrary is an offence. SOURCE: Faraday Copper Corp. View the original press release on ACCESS Newswire Sign in to access your portfolio
