iMetal Resources has closed a $3 million private placement by issuing 30 million units at $0.10 each, including common shares and warrants exercisable until 2029. Major investor McFarlane Lake Mining now holds nearly 20% of the company and gained board nomination rights. The funds will support exploration at iMetal's Ontario and Quebec properties, including the Gowganda West gold project. The company also granted 3.35 million stock options to directors and consultants to incentivize ongoing development efforts.
Mercury NZ Limited reported a 36% increase in EBITDAF to $1,068 million for fiscal year 2026, fueled by higher renewable energy production and strict cost management. Operational expenses were reduced by $26 million from the previous year, meeting th...
Ecopetrol, through its subsidiary Ecopetrol Investimentos, completed the acquisition of a 51% controlling stake in Brava Energia for approximately $1.2 billion. This strategic move expands Ecopetrol's footprint in Brazil, enhancing its portfolio with...
U.S. equity markets ended the week mixed but resilient, with the S&P 500 reaching a new record high. Market expectations for a Federal Reserve rate hike in September have dropped sharply from 72% to 32%, influenced by softer inflation data and weaker...
The S&P 500 fell 0.52% on Monday, retreating from recent record highs, while Bitcoin surged over 2% to surpass $64,000. Investors are cautious ahead of the Federal Reserve's July meeting minutes due Wednesday, which could signal future rate hikes or ...
Jane Street disclosed a $990 million position in Bitcoin ETFs as of June 30, primarily in BlackRock's iShares Bitcoin Trust, according to an SEC filing. This disclosure coincided with the firm's announcement of a $15 billion trading loss in July, its...
