ADW Capital Management, holding about 4.8% of Driven Brands, publicly urged the company's board and controlling shareholder Roark Capital to initiate an immediate public sale or strategic review of the company. ADW criticized the board for rejecting its $18 per share buyout offer without due diligence, calling the rejection disingenuous and accusing the board of ignoring other potential buyers. They argue the company's stock is undervalued and that Roark has no viable exit strategy through public markets. ADW insists the board must act now to unlock shareholder value by either selling the entire company or divesting its parts, warning that continued inaction harms shareholders and trust in management.
Thunder Mountain Gold has appointed Dr. Steven Osterberg as Senior Vice President of Exploration, replacing Ron Espell who stepped down as COO. Dr. Osterberg will lead exploration efforts at the South Mountain Project in Idaho, a polymetallic site wi...
U.S. Gold Corp., a U.S.-focused gold and copper exploration company, announced it will participate in four key investor conferences in September 2026. The company plans to highlight its fully permitted CK Gold Project in Wyoming, which has strong eco...
The US-Canada trade conflict escalated as President Trump threatened to ban Canadian airplane maker Bombardier from selling in the US, citing unfair trade practices. Canada responded with retaliatory tariffs on $20 billion of US goods, including stee...
1606 Corp. has signed a non-binding Letter of Intent (LOI) with EthosEnergy O&M to manage operations and maintenance of its planned 55 MW power facility in Lufkin, Texas, aimed at supporting data centers and AI applications. EthosEnergy O&M brings ex...
abrdn Global Infrastructure Income Fund (ASGI) maintains a Hold rating due to challenges in the utility and industrial sectors causing a decline in its net asset value (NAV). The fund offers a well-covered 12% yield, but distribution coverage may wea...
