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Silver Grail Announces Assay Results that Confirm Porphyry-Style Copper Mineralization at Eastern Magnetic Anomaly, Ram Property, Golden Triangle, BC
Thenewswire· 2026-01-12 12:30
Core Insights - Silver Grail Resources Ltd. has reported assay results from its 2025 diamond drill program on the Ram Property, confirming the presence of a significant mineralized system associated with two magnetic anomalies [1][2] Drill Program Overview - The drill program consisted of 1,978 meters of NQ-diameter core drilling across seven drill holes, targeting two unexplained magnetic anomalies located approximately 625 meters apart [1] - The Ram Property is situated about 7 kilometers southwest of the Red Mountain gold-silver deposit in British Columbia's Golden Triangle [1] Assay Results - Assay results revealed elevated values of gold, copper, and molybdenum, with gold grades ranging from nil to 3.64 grams per tonne, copper from nil to 3,294 parts per million, and molybdenum from nil to 489 parts per million [2][3] - The Eastern Magnetic Anomaly is confirmed to be associated with a copper-molybdenum-gold porphyry system, characterized by broad zones of continuous copper mineralization [2][3] Notable Drill Highlights - Significant intersections include: - 91.00 meters grading 303 ppm Cu from RAM25-002 [3] - 152.00 meters grading 292 ppm Cu from RAM25-002 [3] - 34.00 meters grading 424 ppm Cu from RAM25-001 [9] - 1.00 meter grading 3.64 g/t Au from RAM25-004 [10] - The Western Magnetic Anomaly showed localized higher-grade vein intersections, indicating a potentially related broader mineralizing system [2][3] Geological Interpretation - The Eastern Magnetic Anomaly is characterized by long, continuous intervals of copper mineralization within an altered magnetite-bearing multiphase intrusive complex [3][5] - Elevated molybdenum values, locally exceeding 100 ppm, support the interpretation of a fertile porphyry environment [6][7] Future Exploration Plans - The company will continue to evaluate the results from the 2025 program to guide future exploration and drill targeting at the Ram Property [11]
Daiichi Sankyo and GENESIS Pharma Enter Exclusive Agreement for VANFLYTA® Commercialization in Central and Eastern Europe
Businesswire· 2026-01-07 07:30
Core Insights - Daiichi Sankyo and GENESIS Pharma have entered into an exclusive agreement for the commercialization of VANFLYTA® in Central and Eastern Europe [1] Company Overview - The agreement allows GENESIS Pharma to market and distribute VANFLYTA® in specified regions, enhancing its portfolio in the oncology sector [1] - This collaboration is expected to leverage GENESIS Pharma's local expertise and Daiichi Sankyo's innovative product offerings [1] Market Implications - The partnership aims to address the growing demand for effective cancer treatments in Central and Eastern Europe [1] - This move is part of Daiichi Sankyo's strategy to expand its market presence in Europe, particularly in regions with increasing healthcare needs [1]
Eastern Bankshares, Inc. Announces Fourth Quarter 2025 Earnings Release Date, Conference Call and Webcast
Businesswire· 2026-01-05 16:45
Earnings Release - The earnings release is scheduled for Thursday, January 22, 2026, after the market close [1] - A conference call will take place on Friday, January 23, 2026, at 9:00 AM Eastern Time [1] Conference Call Details - Participants can join the conference call by dialing the toll-free number (800) 549-8228 with Conference ID 51296 [1] - The conference call will be simultaneously webcast on the Company's Investor Relations website [1] - A replay of the webcast will be available on demand on the same site [1]
Eastern Bankshares Draws $116 Million Allocation as Profits Hit $106 Million
The Motley Fool· 2026-01-01 18:34
Core Insights - HoldCo Asset Management has increased its stake in Eastern Bankshares by acquiring 1.2 million shares, raising its total investment to $116.32 million, making it the fund's fourth-largest equity holding [2][6] - Eastern Bankshares has shown strong financial performance with a net income of $106.1 million for the latest quarter, reflecting a 6% increase year-over-year, and steady loan growth of 1.3% quarter-over-quarter [8] Company Overview - Eastern Bankshares is a regional financial institution with a market capitalization of $4.15 billion and a revenue of $651.22 million over the trailing twelve months (TTM) [4][5] - The company offers a diverse range of services including traditional banking, insurance, and wealth management, primarily serving retail customers, small businesses, and commercial clients in eastern Massachusetts and southern New Hampshire [5][7] Financial Performance - The stock price of Eastern Bankshares is currently $18.43, which is up approximately 7% over the past year, although it has underperformed compared to the S&P 500, which is up about 16% [3] - Wealth management assets have reached a record high of $9.2 billion, indicating strong growth in this segment [8] Investment Context - The increase in HoldCo's investment during a period of earnings momentum suggests confidence in Eastern Bankshares' fundamentals, which are expected to perform well despite sector volatility [6][8] - The portfolio of HoldCo Asset Management is heavily weighted towards regional banks, indicating a thematic investment strategy focused on the potential for value compounding in select banks [8]
Mercantile Bank Corporation Announces Completion of Merger with Eastern Michigan Financial Corporation
Prnewswire· 2025-12-31 21:00
Core Viewpoint - Mercantile Bank Corporation has successfully completed its merger with Eastern Michigan Financial Corporation, enhancing its ability to serve Michigan's communities and businesses [1][3]. Group 1: Merger Details - The merger will see Eastern Michigan Bank operate alongside Mercantile Bank until the first quarter of 2027, after which a consolidation is planned, pending regulatory approvals [2]. - Eastern shareholders will receive $32.32 per share and 0.7116 shares of Mercantile common stock for each share of Eastern common stock [3]. Group 2: Company Overview - Mercantile Bank Corporation, based in Grand Rapids, Michigan, now includes Eastern Michigan Bank, creating one of the largest Michigan-based banking organizations with total combined assets of approximately $6.9 billion [4]. - The combined institutions aim to provide personalized financial products and services, emphasizing exceptional service and community commitment [4].
Electric Metals (USA) Limited Announces Continuance to the State of Delaware
Accessnewswire· 2025-12-30 23:15
Core Viewpoint - Electric Metals (USA) Limited has successfully transitioned from a British Columbia corporation to a Delaware-domiciled U.S. corporation, enhancing its operational framework under the Delaware General Corporation Law [1] Group 1 - The company has completed its previously announced continuance, which is a significant corporate restructuring move [1] - The registered office of Electric Metals is now located in Wilmington, Delaware, reflecting its new corporate status [1]
Eastern International Ltd. Entered into Contract for its First Photovoltaic Power Generation Construction Project With a Total Contract Price of RMB 42.5 Million (approximately US$ 6.04 million)
Prnewswire· 2025-12-24 13:30
Core Viewpoint - Eastern International Ltd. has made significant progress in expanding its business into the new energy sector by entering a construction contract for a photovoltaic power generation project [1][3]. Group 1: Contract Details - Guizhou Tianrun, a wholly-owned subsidiary of Eastern International, has signed a construction contract with the Weifang Branch of CSCEC Southwest Architecture & Design Institute for the Hebei Laiyuan 300 MW Centralized Photovoltaic Power Generation Project [1][2]. - The contract involves Guizhou Tianrun acting as a subcontractor for Phase I, which is a 50 MW project, with a total contract value of RMB 42.5 million (approximately US$ 6.04 million) [2]. - The scope of work includes foundation works, installation of photovoltaic mounting structures, module installation, wiring, and supply of auxiliary materials, with construction expected to start before December 31, 2025 [2]. Group 2: Business Expansion and Strategy - The commencement of this project marks a key milestone in the company's strategy to engage in large-scale clean energy projects, reflecting its commitment to supporting the green transformation of the regional energy structure [3]. - The company aims to leverage its professional engineering and construction team to ensure high-quality and timely delivery of services in the new energy sector [3]. Group 3: Company Overview - Eastern International Ltd. is a holding company incorporated in the Cayman Islands, providing domestic and cross-border professional logistic services through its subsidiaries [4]. - The company operates a network that includes 7 wholly-owned subsidiaries, 5 warehouses/logistic centers, and 3 branch offices across key cities in mainland China, Hong Kong, Southeast Asia, and Central Asia [4].
Richard Tyson, Jr. Announced As A Senior Vice President, Wealth Relationship Manager Of Cambridge Trust Wealth Management, A Division Of Eastern Bank
Businesswire· 2025-12-18 18:30
Group 1 - Rick Tyson has been appointed as Senior Vice President, Wealth Relationship Manager at Cambridge Trust Wealth Management, bringing over 25 years of experience in integrated wealth management services [1][2] - Cambridge Trust Wealth Management is focused on outstanding client service and expertise in financial planning, investment management, trusts and estates, and private banking [4] - Eastern Bank, the parent company of Cambridge Trust Wealth Management, has approximately $25.5 billion in assets as of September 30, 2025, and offers a full range of banking and wealth management solutions [5] Group 2 - Rick Tyson's previous roles include Vice President, Senior Client Development Officer at Fiduciary Trust Company, where he provided corporate trustee services and investment management to high net worth individuals [2] - The company emphasizes a holistic approach to managing clients' financial well-being, integrating various services such as banking, financial planning, and investment management [3][4] - Eastern Bank has made over $240 million in charitable giving since 1994, highlighting its commitment to community support [5]
BASF and OQEMA Ink Distribution Deal in Central and Eastern Europe
ZACKS· 2025-12-18 15:07
Core Insights - BASF SE (BASFY) has announced a new distribution partnership with OQEMA to supply polymer dispersions and additives for construction and architectural paints and coatings, effective from January 1, 2026, covering selected Central and Eastern European countries [2][8] Group 1: Partnership Details - The collaboration aims to integrate BASFY's innovative solutions with OQEMA's strong local presence, extensive sales network, technical expertise, and storage facilities [3] - Customers will benefit from swift deliveries, prompt technical advice, and a transition towards more sustainable and high-performance formulations [4] Group 2: Market Impact - The partnership is positioned to support innovation and growth in the Central and Eastern European paints and coatings market, covering 14 countries [5] - Both companies share a commitment to quality, reliability, and sustainable development, aiding customers in transitioning to a circular ecosystem [5] Group 3: Financial Performance - BASFY's shares have gained 21.9% over the past year, contrasting with the industry's decline of 14.5% [5]
The Eastern Company Declares 342nd Consecutive Quarterly Cash Dividend
Accessnewswire· 2025-12-17 19:38
Core Viewpoint - The Eastern Company has declared a quarterly cash dividend of $0.11 per share, marking its 342nd consecutive quarterly dividend [1] Group 1 - The dividend is payable on March 13, 2026, to common shareholders of record as of February 13, 2026 [1]