MOZAYYX Acquisition Corp. Announces the Pricing of Upsized $261,000,000 Initial Public Offering
Globenewswire· 2026-02-25 01:46
Group 1 - The Company, MOZAYYX Acquisition Corp., has announced the pricing of its upsized initial public offering (IPO) of 26,100,000 units at $10.00 per unit, with trading expected to begin on February 25, 2026 [1] - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with separate trading expected for the Class A ordinary shares and warrants under the symbols "MZYX" and "MZYX.WS" respectively [1] - The Company has granted underwriters a 45-day option to purchase up to an additional 3,915,000 units at the IPO price to cover over-allotments [1] Group 2 - The Company is a blank check company incorporated under the laws of the Cayman Islands, aiming to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities [2] - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [2] Group 3 - Winston & Strawn LLP is serving as legal counsel to the Company, while Ellenoff Grossman & Schole LLP is legal counsel to Cantor Fitzgerald & Co. [3] Group 4 - A registration statement on Form S-1 relating to the securities has been filed with the SEC and was declared effective on February 24, 2026, with the offering being made only by means of a prospectus [4]
Alkane Advances Near-Mine Kendal Deposit with High Grade Antimony-Gold Intercepts at Costerfield
Globenewswire· 2026-02-25 01:28
Core Insights - Alkane Resources Limited announced significant exploration results from the Kendal deposit, indicating substantial high-grade mineralization potential near the Costerfield mine [1][3]. Exploration Results - The drilling results from the Kendal deposit show high-grade gold and antimony mineralization, with notable intercepts including: - 132.2 g/t gold and 19.8% antimony over 1.94m [10] - 267.5 g/t gold and 5.6% antimony over 2.3m [10] - 52.3 g/t gold and 43.1% antimony over 0.34m [18] - A total of 25 individual veins have been delineated, extending over a strike of 600m, with some veins traced for up to 500m in length and 200m in vertical extent [15]. Geological Context - The Kendal deposit is part of the Costerfield Anticline, characterized by complex structural features that have historically limited exploration effectiveness [9][11]. - The mineralization at Kendal is recognized as the up-dip continuation of the high-grade Youle and Shepherd deposits, which are currently being mined [10]. Historical Mining and Modern Operations - Historical mining at Costerfield occurred between 1861-1939, with modern operations starting in 2006 [4][5]. - The recent drilling has revealed significant veining that was previously undiscovered during historical mining activities [10]. Future Plans - The company plans to integrate the newly defined mineral resources from the Kendal system into the Costerfield resource and life-of-mine plan [26]. - Further drilling is warranted, particularly in the underexplored Costerfield Main reef, with drilling at Kendal expected to resume in 2026 [26].
PONY AI Inc. Robotaxis Deliver Strong Chinese New Year Holiday Performance with Record Paid Orders in Shenzhen
Globenewswire· 2026-02-25 01:25
Core Insights - Pony.ai has demonstrated strong operational performance in its Robotaxi services during the 2026 Chinese New Year holiday, achieving record paid order volumes in Shenzhen [1][3] Group 1: Operational Performance - During the CNY holiday, Pony.ai provided continuous Robotaxi operations across four tier-one cities in China: Guangzhou, Shenzhen, Beijing, and Shanghai, showcasing the reliability of its autonomous mobility services [2] - In Shenzhen, year-to-date cumulative paid orders as of February 16 have already surpassed the total for the entire year of 2025, driven by an expanded fleet and higher vehicle utilization, averaging 26 paid orders per vehicle per day during the nine-day holiday [3] Group 2: Strategic Expansion - The achievements during the holiday period have reinforced Pony.ai's large-scale commercial deployment of autonomous driving technology, with plans to further expand fleet size and operational coverage [4] - Pony.ai aims to bring safe and reliable autonomous mobility to a broader user base as momentum continues to build in its operations [4] Group 3: Company Overview - Founded in 2016, Pony.ai is a global leader in the mass production and commercialization of autonomous driving technology, committed to delivering safe and advanced solutions [5] - The company's strategy is centered around its proprietary world model, PonyWorld, and Virtual Driver technology, which support the development of its Robotaxi and Robotruck services [5] - Pony.ai operates in multiple regions, including China, Europe, East Asia, and the Middle East, and is among the few companies globally to achieve fully driverless commercial operations [5]
Western Announces Ratification of La-kwa sa muqw Forestry Limited Partnership and United Steelworkers Agreement
Globenewswire· 2026-02-25 00:53
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) today announced that employees represented by the United Steelworkers Local 1-1937 at La-kwa sa muqw Forestry Limited Partnership (“LFLP”) have voted to ratify a new collective agreement. The 6-year collective agreement is retroactive and expires June 14, 2030. With the collective agreement ratified, LFLP is planning a safe and immediate return to work, ending the work stoppage ...
HydroGraph Announces Up to Approximately C$30 Million LIFE Offering of Units
Globenewswire· 2026-02-25 00:28
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (“HydroGraph” or the “Company”), a leading producer of ultra‑pure graphene, is pleased to announce the launch of a best‑efforts, fully marketed brokered private placement of up to 5,882,348 units of the Company (the “Units”) at a price ...
CORRECTED PRESS RELEASE: Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2025
Globenewswire· 2026-02-25 00:09
Explanatory Note: The press release issued on the morning of February 24, 2026 included language regarding changes in customer order patterns and an intention to suspend quarterly guidance. This language was included in error. The Company hereby clarifies that it has not experienced recent changes in customer order patterns in any material respect. The Company also confirms that it is not suspending quarterly guidance, and intends to continue providing quarterly guidance consistent with its current practice ...
Saputo USA Recalls Great Value Cottage Cheese Because of Possible Health Risk
Globenewswire· 2026-02-25 00:07
MILWAUKEE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Saputo Cheese USA Inc. (SUSA or Saputo) is voluntarily recalling select cottage cheese products produced by SUSA due to the possibility of liquid dairy ingredients used in the items not being fully pasteurized according to state regulatory standards. While no illnesses or hospitalizations associated with the recalled products have been reported to date, consuming products that are not fully pasteurized can pose a significant health risk, especially to the young a ...
Pulse Seismic Inc. Reports 2025 Financial Results and Declares Regular and Special Dividends
Globenewswire· 2026-02-25 00:05
CALGARY, Alberta, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the year ended December 31, 2025. The audited consolidated financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com. Pulse’s Board of Directors today approved a quarterly dividend of $0.0175 per share and additionally declared ...
PHX Energy Announces a Special Dividend and Record Fourth Quarter and Annual Revenue Supported by Strong RSS Activity
Globenewswire· 2026-02-24 23:54
CALGARY, Alberta, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PHX Energy is pleased to announce that its Board of Directors has declared a special cash dividend of $0.20 per common share, designated as an “eligible dividend” within the meaning of subsection 89(1) of the Income Tax Act (Canada), payable on April 1, 2026 to shareholders of record at the close of business on March 16, 2026. This special dividend reflects the Corporation’s track record of rewarding shareholders as intended under its Return of Capital St ...
Labrador Gold Announces Voting Results of the 2026
Globenewswire· 2026-02-24 23:33
TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | FNR: 2N6) (“LabGold” or the “Corporation”) is pleased to announce the results of its Annual General and Special Meeting of Shareholders held on Tuesday, February 24, 2026, at 11:00 A.M. (Toronto Time) at Gardiner Roberts LLP, Bay Adelaide Centre, East Tower, 22 Adelaide Street West, Suite 3600, Toronto, Ontario, M5H 4E3 (the “Meeting”). A total of 83,756,898 Common Shares of the Corporation (“Common Shares”) representing 49.27% of ...