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OR Royalties Announces Increased Credit Facility and Positive Net Cash Position
OR Royalties Inc. amended its revolving credit facility, switching to U.S. dollar denomination and increasing it to $650 million, with a potential $200 million accordion. The company aims to leverage this enhanced financial flexibility for growth opportunities. Furthermore, OR Royalties will receive $49 million from the MAC Copper acquisition by Harmony Gold.
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Gerdau S.A. Announces Potential Cash Tender Offer for Outstanding 4.875% Notes due 2027 of Gerdau Trade Inc.
Gerdau S.A. announced a cash tender offer for its 4.875% notes due 2027, aiming to reshape its debt profile. The offer, detailed in the purchase offer dated June 3, 2025 and fully guaranteed by Gerdau, allows bondholders to tender notes until 5:00 p.m. (NY time) today. The settlement date is tentatively June 12, 2025. This strategic move reflects Gerdau’s commitment to financial management.
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T. Rowe Price: Midyear Investment Outlook 2025
T. Rowe Price’s 2025 midyear outlook highlights a financial landscape shaped by deglobalization, trade shifts, and bond market changes. The report anticipates challenges for the global economy and foresees a shift away from U.S. equities towards value stocks and emerging markets. It emphasizes inflation protection and diversification within multi-asset portfolios, suggesting active management may outperform in the evolving market.
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Inside the Boardroom: Summa Silver and Silver47 Merger Aims to Unlock 250M+ Oz Potential
CEO.CA, a leading social network for junior mining and venture stock investors, offers exclusive insights from CEOs. The platform, a subsidiary of EarthLabs, Inc., provides direct access to industry leaders through its “Inside the Boardroom” series. A recent interview with Summa Silver’s CEO, Galen McNamara, discusses the merger with Silver47 and the Red Mountain project. CEO.CA connects millions of investors globally, facilitating discussions and identifying investment opportunities.
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Encore Enterprises Expands Dallas Footprint: Acquires Medical Office Building, Relocates HQ
Encore Enterprises acquired a Class B medical office building in Dallas for $7 million, demonstrating resilience in a challenging market. The financing comes from Cadence Bank, marking a new partnership. The acquired property at 16980 N. Dallas Parkway will also become Encore’s new headquarters, expanding its portfolio to 27 properties.
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Freightos Partners with Forward Air Corporation to Scale Platform Transactions
Freightos and Forward Air Corporation are expanding their partnership, enabling digital bookings for LTL and linehaul trucking on the 7LFreight by WebCargo platform. This integration offers forwarders access to Forward’s extensive network across North America and Mexico, streamlining bookings and improving overall logistics efficiency, with plans to add digital payment and cartage services.
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Dassault Systèmes: Outstanding Share and Voting Rights Report as of May 31, 2025
Dassault Systèmes announced the total number of outstanding shares and voting rights as of May 31, 2025, as required by French financial regulations. The company reports 1,340,826,964 outstanding shares and 2,014,017,258 voting rights. This information provides transparency for investors. Dassault Systèmes, established in 1981, is a key technology company driving progress through its 3DEXPERIENCE platform.
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Pantheon Resources PLC Announces Executive Team Appointments
Pantheon Resources appoints Tralisa Maraj as CFO and Erich Krumanocker as CDO, signaling a shift from exploration to development of its Alaska North Slope assets. This move aims to unlock the value of its Kodiak and Ahpun fields, estimated to hold substantial oil and gas reserves, and facilitate a listing on a major U.S. exchange. The company is also offering incentives like stock options.
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Western Union Taps Vince Tallent to Lead Asia Pacific Growth and Operations
Western Union is expanding its footprint in Asia Pacific, appointing Vince Tallent as Senior Vice President and Head of the region. Tallent, a fintech veteran, will leverage his experience in scaling businesses, with a focus on digital services. This strategic move aims to capitalize on the region’s growth potential, accelerate innovation, and provide accessible financial solutions through Western Union’s extensive network.
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GreenPower Completes Third Term Loan Tranche
GreenPower Motor Company announced the closing of the third tranche of its secured term loan, securing an additional $300,000. The funds, provided by entities controlled by the CEO and a director, will support production, supplier payments, payroll, and working capital. The two-year loan carries a 12% annual interest rate and includes share purchase warrants and loan bonus shares for lenders. GreenPower aims to meet growing EV demand.