Denarius Metals announced a plan to retire CA$34.2 million in convertible debentures early by converting them into approximately 225.3 million common shares on July 31, 2026. This move will strengthen the company's liquidity by preserving about CA$157 million in cash that would otherwise be spent on gold premiums and interest over the next four years. The transaction, approved unanimously by the board, aims to improve the capital structure, accelerate investment returns for debenture holders, and remove the debentures' market overhang, benefiting all shareholders. Special meetings for debenture holders and shareholders are scheduled in July to approve the amendments and share issuance necessary for the transaction.
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
The US will impose a 25% tariff on most imports from Brazil starting July 22, following a yearlong investigation into alleged unfair trade practices by Brazil. The tariffs target issues such as Brazil's demands on US tech firms to remove political co...
