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SmartStop Prices Canadian Maple Bond Offering
SmartStop Self Storage REIT, Inc. (SMA) is issuing a CAD $500 million Maple Bond through its operating partnership. The senior unsecured notes, maturing in 2028, will yield approximately 3.91% (3.85% effective after hedging) and are rated BBB (Stable) by Morningstar DBRS. Proceeds will refinance debt and fund acquisitions. The offering is exclusively for Canadian residents. SmartStop owns and manages self-storage properties across the U.S. and Canada.
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Ivanhoe Mines to Resume Underground Mining at Kakula Mine’s Western Side on June 7, 2025
Ivanhoe Mines’ Kamoa-Kakula Copper Complex reports stabilized underground water levels, with dewatering of the eastern side of the Kakula Mine scheduled for August. Revised 2025 production guidance is set between 370,000 and 420,000 tonnes of copper. The smelter is expected to commence in September, with the first anode in October. A conference call for investors is planned for June 12, 2025.
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SPAR Group, Inc. Rebuts False and Defamatory Statements by Former Board Member Robert G. Brown
SPAR Group (SGRP) strongly refutes demands from its founder, Robert G. Brown, calling them “self-serving.” Brown sought $15 million, consulting fees, a long-term service agreement, and a company acquisition, actions the board deemed beneficial solely to Brown. The company also addressed Brown’s other claims and noted his violations of the Securities Exchange Act. This follows a history of conflicts and concerns about Brown’s influence, setting the stage for an ongoing battle.
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AbbVie Partnered with Enanta Pharmaceuticals, Receives FDA Approval for Expanded MAVYRET® Use: First and Only Acute Hepatitis C Treatment
Enanta Pharmaceuticals (ENTA) announced FDA approval for MAVYRET (glecaprevir/pibrentasvir), now the only eight-week oral treatment for acute HCV in adults and children (3+ years). The approval allows providers to immediately treat diagnosed HCV patients with a 96% cure rate. This breakthrough aims to prevent chronic disease progression and supports the global public health goal of HCV elimination by 2030.
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Bayhorse Silver Announces 150-Meter (492ft) Silver Mineralization Strike Extension at Oregon Mine, USA; Plans Further Underground Drilling and Posts Permit Studies
Bayhorse Silver Inc. (BHS) is focusing on its historic Bayhorse Silver Mine, revealing significant silver mineralization extensions. Drilling has confirmed the epithermal nature of deposits, extending the silver vein by 150 meters. A new high-grade “Drift Zone” has shown promising initial results, including assays of up to 192.35 ounces per ton of silver. Further drilling is planned to assess the extent of the new zone.
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Worthington Steel to Webcast Q4 2025 Results Discussion on June 26th
Worthington Steel, Inc. (NYSE: WS) will release its fiscal fourth-quarter earnings on June 25, 2025, after market close. A conference call will be held on June 26, 2025, at 8:30 a.m. ET to discuss the results. A live webcast will be available on the company’s website. Worthington Steel, a metals processing company, focuses on innovative steel solutions. Conference call ID is 5714141; toll-free dial-in is 888.510.2553.
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Therma Bright Inc. Announces Stock Consolidation
Therma Bright Inc. plans an 8-for-1 share consolidation, pending TSX Venture Exchange approval. This strategic move aims to enhance flexibility for future financing and business activities. Approximately 56.5 million shares will be outstanding post-consolidation, with no changes to the company’s name or trading symbol expected. The board approved the consolidation, which adheres to TSXV policies.
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Vision Marine Secures U.S. Battery Supply through Strategic Expansion with Octillion Power Systems
Vision Marine Technologies is expanding its U.S. presence by partnering with Octillion Power Systems to manufacture high-voltage battery packs in Nevada. This collaboration aims to accelerate OEM partnerships and consumer adoption of Vision Marine’s E-Motion™ platform. The move establishes a U.S.-based supply chain, promising faster distribution, increased efficiency, and simplified logistics for its electric boat solutions.
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IREN Upsizes Convertible Notes Offering to $500 Million
IREN Limited has priced a $500 million offering of convertible senior notes due 2029, upsized from an initial $450 million, signaling strong investor interest. The offering, coupled with capped call transactions, aims to mitigate dilution risk. Proceeds will fund the capped call transactions, a prepaid forward transaction, and general corporate purposes. Key note terms include a 3.50% coupon, semi-annual interest payments, and an initial conversion price of approximately $13.64 per share. The company is strategically positioning itself in Bitcoin, AI, and next-generation computing.
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Grupo Financiero Galicia S.A. Announces Secondary Offering of American Depositary Shares Price
Grupo Financiero Galicia S.A. announced an underwritten secondary offering of 11,721,449 ADSs at $54.25 per ADS, led by HSBC. The offering is not authorized for public sale in Argentina. Proceeds benefit the selling shareholder, HSBC, not Galicia itself. Morgan Stanley and Goldman Sachs are the underwriters, with expected closing on June 12, 2025. Investors should note forward-looking statements and consult the SEC filings for more information.