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Journey Energy Inc. Announces 2025 Annual Shareholders’ Meeting Voting Results
Journey Energy Inc. (JOY/JRNGF) strengthened its governance at its 2025 AGM, with shareholders approving all resolutions by wide margins. Key outcomes included maintaining a six-member board (85.67% support), director reappointments (79.42%-83.01% approval), KPMG’s auditor retention (97.37%), and adoption of governance modernization measures (82.10%). The re-elected board will prioritize operational continuity, balancing conventional energy production with emissions reduction initiatives. Analysts highlight high approval ratings as a competitive advantage, noting alignment with strategic goals like drilling efficiency and renewable partnerships outlined in the 2025 roadmap.
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Silvercorp Reports Fiscal 2025 Results: $75.1M Adjusted Net Income, $0.37 per Share, and $138.6M Operating Cash Flow
Silvercorp Metals reported robust fiscal 2025 results with annual revenue up 39% to $298.9 million and adjusted net income of $75.1 million. Q4 revenue surged 76% YoY to $75.1 million, though a $20.6 million derivative charge led to a $7.6 million net loss. The company achieved record-low cash costs ($2.49/oz silver net of byproducts) and doubled cash reserves to $369 million. Key developments include the $181 million Adventus Mining acquisition and $138.6 million operating cash flow funding growth projects. Despite base metals volatility, Silvercorp maintained its dividend streak and strengthened its position in precious/base metals markets.
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Hims & Hers Launches 6-Month Wegovy® Supply Program for New Customers
Hims & Hers Health introduced a six-month Wegovy® subscription at $549/month, a 15% discount on average retail prices, to expand access to prescription weight-loss care. The limited-time offer via telehealth includes consultations, nutritional tools, and progress tracking, leveraging Novo Nordisk’s expanded production. CEO Andrew Dudum emphasized affordability in chronic care, while analysts note the model bridges payer-patient cost gaps. The initiative aligns with a 212% annual rise in metabolic health consultations, reflecting consumer demand for preventive solutions. Promotion runs through June 30, 2025, with eligibility criteria on the company’s platform. Hims & Hers continues offering compounded alternatives and behavioral programs in the $100 billion wellness sector.
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Guess and WHP Global Collaborate with Marcolin to Expand rag & bone’s Eyewear Business
Guess?, Inc., WHP Global, and Marcolin announced a four-year eyewear licensing deal for their jointly owned rag & bone label, targeting the $114B global market. Launching Q1 2026, the collection blends urban aesthetics with artisanal craftsmanship, reflecting rag & bone’s ethos of merging heritage tailoring with modern utility. Marcolin, leveraging 30+ years in luxury eyewear, will produce angular, versatile designs aligned with Gen Z’s “quiet luxury” trends. The partnership extends rag & bone’s lifestyle offerings post-2024 acquisition, while Marcolin strengthens its premium portfolio after €545.8M revenue in 2023. Distribution spans 48 boutiques, e-commerce, and select retailers, supported by Marcolin’s AI customization tech.
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Solis Mobilizes Drill Rig to Chancho al Palo Project in Peru
Solis Minerals (ASX: SLM) is advancing a major copper-gold exploration campaign in Peru’s coastal copper belt, launching three key projects: a 2,500m drilling program at Chancho al Palo (targeting porphyry/IOCG systems), permitted 5,000m drilling at Ilo Este by 2025, and an IP survey near Southern Copper’s Toquepala mine. Positioned in a region producing 19% of global copper, Solis benefits from full asset ownership and proximity to infrastructure. Risks include regulatory delays and copper price volatility ($4.50/lb). Peru aims to double copper output by 2030, driven by green tech demand. SLM shares rose 4.3% post-announcement, with A$12.6M working capital supporting operations.
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PPG Showcases Steady Progress on 2030 Sustainability Goals in New Report
PPG’s 2024 Sustainability Report highlights progress toward 2030 goals, with 41% of its portfolio now classified as sustainable. Key achievements include an 18% reduction in Scopes 1 & 2 emissions through renewable energy initiatives, a 6% drop in Scope 3 emissions, and 48% of manufacturing waste repurposed. The company’s Italy solar project cuts 390 metric tons of CO₂ annually, while flagship products like ENVIRO-PRIME® EPIC200X reduce client emissions by 3,500 tons yearly. PPG also invested $16.4 million in community revitalization since 2015. Analysts note its strategy aligns with a $12 trillion sustainability-driven market, blending compliance with clean-tech innovation. The report underscores PPG’s role in transforming regulatory challenges into growth opportunities.
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Amphastar Pharmaceuticals to Present at Jefferies Global Healthcare Conference
Amphastar Pharmaceuticals (NASDAQ: AMPH) will participate in the 2025 Jefferies Global Healthcare Conference on June 5, featuring CFO Bill Peters and EVP Jacob Liawatidewi in a fireside chat. The company aims to highlight its growth strategy, including pipeline advancements in complex generics and proprietary drugs like BAQSIMI and Primatene MIST. With Q1 2025 R&D spending up 18%, analysts note its focus on innovative drug delivery systems, such as inhalation therapies, to disrupt traditional markets. The event, accessible via webcast, underscores Amphastar’s efforts to strengthen investor engagement and showcase manufacturing capabilities amid expanding portfolios in diabetes and emergency care.
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Philippine Stock Exchange Adopts Nasdaq Eqlipse Trading to Strengthen Market Infrastructure
Nasdaq (NDAQ) and the Philippine Stock Exchange (PSE) have expanded their technology partnership, with PSE adopting Nasdaq’s next-gen Eqlipse Trading platform. The cloud-agnostic system offers real-time risk controls and derivatives pricing, positioning PSE as a Southeast Asian pioneer in advanced exchange infrastructure. This upgrade aims to boost market resilience amid rising volumes and regulatory demands. Nasdaq, which supports 97% of globally systemic banks, strengthens its presence in Asia’s $3.6T financial markets. The deal highlights Nasdaq’s recurring revenue model and cross-selling of compliance tools, despite implementation risks. It reinforces Nasdaq’s strategy to deliver modular, regulation-ready solutions in high-growth regions, countering regional competition from Singapore and Hong Kong.
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E3 Lithium and Pure Lithium Announce Phase 1 Results from Lithium Metal Battery Collaboration
E3 Lithium and Pure Lithium demonstrated advancements in sustainable battery technology by integrating E3’s brine-derived lithium chloride (over 99.9% purity) and Direct Lithium Extraction with Pure’s anode production. Batteries maintained 80% capacity after 500 cycles, supported fast charging, and reduced reliance on conventional mining. Their optimized process aligns with North America’s critical mineral goals, leveraging E3’s Alberta resources and Pure’s cobalt/nickel-free designs for cost-efficient, eco-friendly energy storage. This collaboration positions both as key players in advancing EV and grid battery solutions.
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Hafnia Limited Shares Trade Ex-Dividend Today on Oslo Børs with USD 0.1015 Dividend
Hafnia Limited, a global leader in oil and product tanker shipping, finalized Q1 2025 dividend dates, with Oslo Exchange shares ex-dividend from today and NYSE adjustments effective May 23. The announcement reflects Hafnia’s operational strength and shareholder focus amid volatile markets. Operating ~200 vessels, the Singapore-based firm provides end-to-end logistics services—including chartering and fuel procurement—for major energy clients. Supported by parent company BW Group, Hafnia maintains strategic hubs in Copenhagen, Houston, and Dubai, employing over 4,000. Its integrated fleet and market expertise reinforce its critical role in global energy transportation. (Word count: 100)