Sailfish Royalty Corp. announced a non-binding letter of intent with Mako Mining Corp. to purchase refined gold over 20 years, enabling Sailfish to pay a gold-linked dividend equivalent to one ounce of gold annually per 18,000 shares, plus a special $1 per share dividend after closing. The deal involves issuing 70 million shares to Mako, which will hold about 48.54% of Sailfish post-transaction. This agreement aims to increase shareholder exposure to gold prices and set a foundation for future gold-linked dividend transactions. Completion depends on regulatory and shareholder approvals, with further details to follow upon signing a definitive agreement.
Douglas Thompson, Chief Operating Officer of CAVA, purchased 6,500 shares of the company valued at $432,000. This insider buying could signal confidence in CAVA's future prospects. Investors often view such purchases as a positive sign, potentially i...
Agilis Air, an Ohio-based drone developer, raised $1.4 million in early funding and was accepted into the U.S. Army's UAS Marketplace, allowing direct sales of its $1,250 Remora drone to military units. The Remora is a low-cost, American-made drone d...
Bitcoin climbed above $77,800 and Ether gained about 2%, outperforming technology stocks. This rise comes as optimism grows around the Clarity Act, which is set for a Senate vote on Tuesday. The positive sentiment in crypto contrasts with a slide in ...
With existing home sales at historic lows, both Home Depot and Lowe's face challenges as renovations decline. Home Depot's dividend is covered but with a thinner cash flow cushion, while Lowe's shows a stronger free cash flow yield and wider dividend...
AI models have become the most potent cyber weapons ever, capable of finding and exploiting vulnerabilities at scale, according to Cohere CEO Aidan Gomez. This warning follows incidents like OpenAI's models breaching Hugging Face's systems, highlight...
