Core Viewpoint - Discovery Silver Corp. has reported a significant transformation following the acquisition of the Porcupine Complex, establishing itself as a new Canadian gold producer with substantial growth potential in a prolific gold mining region [2][29]. Financial Performance - For Q1 2025, Discovery reported a net loss of CAD 9.26 million compared to a net loss of CAD 0.68 million in Q1 2024, with a basic and diluted loss per share of CAD 0.02 [18][20]. - The total comprehensive loss for the quarter was CAD 8.40 million, contrasting with a total comprehensive income of CAD 1.12 million in the same period last year [20]. - As of March 31, 2025, the company had cash and cash equivalents of CAD 15.12 million, down from CAD 29.31 million at the end of 2024 [20]. Acquisition and Operations - The acquisition of the Porcupine Complex was completed on April 15, 2025, significantly enhancing Discovery's operational footprint in Canada [2][22]. - The Porcupine Operations cover approximately 1,400 km in Timmins, Ontario, and have produced nearly 70 million ounces of gold since 1910 [6][29]. - Annual production at Porcupine is projected to average over 285,000 ounces of gold for the next 10 years, with total production extending to 2046 [8]. Market Reaction - Following the acquisition announcement, Discovery's share price tripled in Q1 2025, achieving a 250% increase year-to-date as of May 12, 2025 [3]. Production and Sales - The company achieved its first gold pour on April 24, 2025, selling 2,800 ounces of gold for gross proceeds of approximately CAD 13 million [4]. - The company has resumed gold production and sales after completing a scheduled mill shutdown for equipment upgrades [4]. Capital Structure - Discovery's pro forma cash position is approximately CAD 250 million, bolstered by US$475 million from recent royalty and equity financings, net of US$200 million paid for the Porcupine acquisition [5][21]. - The closing of the acquisition resulted in the issuance of 119,716,667 common shares to Newmont and 275,000,000 common shares through a public offering [21]. Future Outlook - Key priorities for 2025 include optimizing production at the Porcupine Operations, ramping up production at Pamour, and advancing exploration opportunities [22][26]. - The company plans to file a pre-feasibility study for the Porcupine Operations by December 31, 2025, which will include performance guidance for 2026 [23].

Core Insights - Northland Power Inc. reported its financial results for Q1 2025, highlighting a decrease in revenue and net income compared to the same quarter in 2024, primarily due to adverse wind conditions in Europe [12][25][29] Financial Performance - Revenue from energy sales was $649 million in Q1 2025, down from $755 million in Q1 2024, reflecting a decrease of approximately 14% [12][13] - Net income for Q1 2025 was $111 million, compared to $149 million in Q1 2024, marking a decline of about 26% [12][25] - Adjusted EBITDA was $361 million in Q1 2025, down from $454 million in Q1 2024, representing a decrease of approximately 20% [12][26] - Free Cash Flow per share was $0.60 in Q1 2025, compared to $0.88 in Q1 2024, indicating a decline of about 32% [12][29] Project Updates - The Oneida Energy Storage Project, a 250 MW facility, commenced commercial operations ahead of schedule and under budget, operating under a 20-year capacity contract [4][34] - The Hai Long offshore wind project has successfully installed its first wind turbine and is on track for full commercial operations in 2027 [11][32] - The Baltic Power offshore wind project is progressing towards commercial operations in the latter half of 2026 [11][32] Operational Highlights - Northland's offshore and onshore renewables and natural gas facilities achieved over 95% commercial availability during the quarter [6] - Despite the lowest wind conditions in a decade in Europe, Northland's North American onshore wind and natural gas facilities delivered higher operating results [6][12] Leadership Changes - Christine Healy was appointed as the new President and CEO, and Jeff Hart was appointed as the new CFO, both expected to drive the company's strategic objectives [6][7] Sustainability Initiatives - Northland released its 2024 Sustainability Report, showcasing key sustainability achievements and reinforcing its commitment to energy transition [7]

Group 1 - Constellation Software Inc. announced the results of the vote on directors at its annual general shareholders' meeting held on May 13, 2025, with all nine nominees elected as directors [1] - The voting results showed high approval rates for the nominees, with Mark Leonard receiving the highest approval at 99.51% and John Billowits the lowest at 84.52% [1] - The final voting results on all matters voted at the annual meeting will be filed with Canadian securities regulators [1] Group 2 - Several directors, including Jeff Bender, Susan Gayner, Mark Miller, Lori O'Neill, Dexter Salna, Barry Symons, and Robin Van Poelje, did not stand for re-election, and the Corporation expressed gratitude for their contributions [2] - Constellation Software focuses on acquiring, managing, and building vertical market software businesses [3]

Company Overview - Topicus.com Inc. is a leading pan-European provider of vertical market software and platforms, serving clients in both public and private sectors [3] - The company focuses on acquiring, building, and managing software companies that deliver specialized, mission-critical, and high-impact software solutions tailored to customer needs [3] Board of Directors - At the annual general meeting held on May 13, 2025, all five director nominees were elected to the board: John Billowits, Alex Macdonald, Lori O'Neill, Donna Parr, and Robin van Poelje [1] - Jane Holden did not stand for re-election, and the company expressed gratitude for her contributions as a board member [2]

Core Points - Black Diamond Group Limited held its annual meeting of shareholders on May 13, 2025, with 40,799,217 common shares represented, accounting for approximately 65.64% of the total issued and outstanding shares [1] - The meeting resulted in the election of several directors, with voting percentages for each nominee ranging from 93.339% to 98.304% [2] - Ernst & Young LLP was appointed as auditors during the meeting [2] Company Overview - Black Diamond is a specialty rentals and industrial services company operating in Canada, the United States, and Australia, with two main business units: Modular Space Solutions (MSS) and Workforce Solutions (WFS) [3] - MSS operates through brands like BOXX Modular and CLM, providing a large rental fleet of modular buildings to various sectors including construction and government [4] - WFS offers a rental fleet of modular accommodation assets and includes LodgeLink, a digital marketplace for crew accommodation and travel logistics in North America [5][6]

MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that, as part of the annual compensation review of its Board of Directors, it has granted an aggregate of (i) 1,273,900 stock options of the Company (the "Options") to certain senior officers and non-executive employees of the Company, (ii) 1,177,200 restricted share units of the Company ("RSUs") to certain senior officers and non-executive employees of the Company, an ...

BATAVIA, Ill., May 13, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity, reported results for continuing operations for the three months ended March 31, 2025. All comparisons are to the same year-ago period unless otherwise noted. The following comparative results are from continuing operations following the divestiture of the company’s technology enablement services business on June 27, 2024. The company’s current business segments include ...

CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces first quarter results for the period ended March 31, 2025. First Quarter 2025 Highlights $91 million in revenue;$68 million in funds from operations ($0.42/share) (1)(3);$44 million in dividends paid ($0.27/share)(2);10,635 bbls/d of total liquids production, an 8% increase from previous quarter driven by continued execution of our U.S. expansion strategy and heavy oil growth in Canada;1 ...

Not for dissemination in the United States of America VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- Aja Health and Wellness Inc. ("Aja" or the "Company") (TSXV:AJA) announces that it is getting closer to filing its annual audited financial statements for the financial year ending December 31, 2024, including the related management’s discussion and analysis and certifications from the CEO and CFO (the "Required Annual Filings"). This is an update from the Company's April 29, 2025, news releas ...

CALGARY, Alberta, May 13, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to report operating and financial results for the first quarter of 2025. Q1 2025 Highlights: Peyto reported $225.2 million in funds from operations1,2 ("FFO"), or $1.12/diluted share, and generated $120.2 million of free funds flow3 in the quarter. Strong FFO was driven by a realized natural gas price after hedging of $4.17/Mcf, 89% higher than the AECO 7A monthly benchma ...