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Kenorland Minerals and Auranova Resources Report Drill Results at South Uchi Project, Ontario; Auranova Completes Initial Earn-in
Kenorland Minerals and Auranova Resources released significant assay results from their South Uchi Project, confirming a new gold system spanning five kilometers. 93% of drill holes intersected gold, with exceptional grades reported, including 14.60 g/t Au over 1.00 meter. Auranova has secured a 51% stake, and a follow-up drill program is planned for late summer.
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Lithia & Driveway to Announce Q2 2025 Results
Lithia & Driveway (LAD) will announce its second-quarter 2025 financial results before market open on Tuesday, July 29, 2025. A conference call for investors and analysts to discuss the performance will be held the same day at 11:00 a.m. ET. The call can be accessed by dialing (877) 407-8029. A webcast and replay will be available on the company’s investor relations website.
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HEALWELL AI Reports 2025 AGM Voting Outcomes
HEALWELL AI Inc. shareholders overwhelmingly approved key resolutions at its June 30, 2025 Annual General Meeting. Approximately 71% of shares were represented, with nearly unanimous support for setting the board size at six directors, re-electing all incumbents, and appointing Deloitte LLP as auditor. This strong mandate reflects shareholder confidence in the company’s strategic direction and governance.
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OTC Markets Group Unveils OTCID™ Basic Market in Major U.S. Equity Structure Overhaul
OTC Markets Group has launched OTCID™ Basic Market, replacing the Pink Current tier. This new market emphasizes consistent, ongoing disclosure for companies seeking U.S. investor engagement, requiring quarterly/annual financials and certifications. This move aims to enhance transparency, reduce investor apprehension, and improve market quality by providing reliable issuer data. Companies failing to meet these standards are now classified into Pink Limited™ or Expert Restricted markets.
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Tutor Perini Secures $220 Million Eagle Mountain Casino Phase 2 Expansion
Tutor Perini Corporation has secured a $220 million contract for the expansion of Eagle Mountain Casino in Porterville, California. The project includes a 193-room hotel tower, rooftop restaurant, event center, and various amenities like a spa and pool. Construction begins summer 2025, with completion expected in 2027. This significant deal will boost Tutor Perini’s backlog.
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GoldMining Options Up to 80% of Boa Vista Project to Australian Mines Limited for Up to $7 Million
GoldMining Inc. has entered an earn-in agreement with Australian Mines Limited for its Boa Vista Project in Brazil. This deal allows AUZ to acquire up to an 80% interest, potentially yielding GoldMining $7 million in cash and equity. This strategic move enables GoldMining to focus on its flagship São Jorge Project while retaining a carried interest and equity in AUZ for the Boa Vista Project’s future success.
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BP Prudhoe Bay Royalty Trust Discloses No Unit Payment for Q2 2025, Updates on NYSE Delisting
BP Prudhoe Bay Royalty Trust will not distribute a dividend for the quarter ending June 30, 2025. This is due to negative Per Barrel Royalty calculations, driven by low WTI prices and high costs. The Trust ceased operations on December 31, 2024, and its units will be delisted from the NYSE and commence trading on OTC Pink on July 1, 2025, facing reduced liquidity. All operations are now in the process of winding down.
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Wabtec Completes Acquisition of Evident’s Inspection Technologies
Wabtec has acquired Evident’s Inspection Technologies division for $1.78 billion. This strategic move significantly expands Wabtec’s Digital Intelligence segment, integrating advanced non-destructive testing and remote visual inspection technologies. The acquisition is expected to enhance customer productivity, reliability, and safety, accelerate growth, and double Wabtec’s addressable market for its Digital Intelligence business to $16 billion.
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Senate Passes Budget Bill, Excludes Litigation Finance
The U.S. Senate has removed proposed tax provisions targeting litigation finance from its draft budget reconciliation bill. Burford Capital, a leader in law-focused finance, confirmed these provisions were deemed ineligible for inclusion and have been excluded from the adopted legislation.
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Share Buyback
Shell plc executed significant on-market share buybacks on July 1, 2025, as part of its ongoing repurchase program. These transactions, managed by BNP PARIBAS SA, aim to enhance shareholder returns and optimize capital structure, adhering to market regulations and previously announced parameters.