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Questcorp Mining has commenced its maiden 1,500m drilling program at the La Union Gold & Silver Project in Sonora, Mexico, targeting CRD mineralization. Operated by Riverside Resources, the program focuses on four key areas with historical gold production. Questcorp’s initial C$1,000,000 exploration is part of a C$5,500,000 commitment. Historical sampling revealed high grades (e.g., 59.4 g/t gold, 833 g/t silver), suggesting potential for large-scale gold discoveries. The drilling aims to assess alteration and identify robust mineralized systems in previously mined areas.

Cathay Pacific is increasing its order for Boeing 777-9 passenger jets, adding 14 aircraft for a total commitment of 35. The 777-9 offers a 20% reduction in fuel consumption and emissions and a 40% decrease in noise. This will allow Cathay Pacific to expand its fleet, improve operational efficiencies, and meet sustainability goals, while also strengthening its brand as a provider of premium air travel with extended long-haul routes. The order reinforces Boeing’s role in aerospace and its contribution to economic growth and sustainability.

Coinbase (COIN) announced the pricing of $1.3 billion each in 0% Convertible Senior Notes due in 2029 and 2032 through a private placement, exceeding initial expectations. Net proceeds are projected to be $2.56 billion, potentially rising to $2.96 billion if underwriters fully exercise their options. Coinbase intends to use the funds for general corporate purposes, including strategic investments and potential share repurchases. The notes are senior, unsecured obligations with conversion prices representing premiums over Coinbase’s August 5, 2025 closing price.

Grupo Aeroportuario del Pacifico (GAP) reported a 3.1% increase in total passenger traffic for July 2025, reaching 5.8 million. Mexican airports saw domestic traffic rise by 4.0% and international traffic by 1.9%. Montego Bay showed strong growth (15.2%), while Tijuana declined (3.1%). Available seats increased by 6.0%, but load factors decreased to 84.8%. GAP launched new routes, expanding connectivity for Morelia airport. Tijuana’s CBX border crossing users decreased significantly.

SenesTech, Inc. (SNES), a biotech company specializing in fertility control for pest management, announced the closing of a warrant exercise generating $6.3 million. The company issued new short-term warrants priced at $0.125, potentially yielding an additional $11.5 million if fully exercised. SenesTech intends to use the net proceeds for working capital and general corporate initiatives. Their flagship product, ContraPest®, is a registered contraceptive for rats, aiming for humane and ecologically-sound pest control.

Steel Partners Holdings L.P. (SPLP) announced a regular cash dividend of $0.375 per unit for its 6% Series A Preferred Units, payable on September 15, 2025, to unitholders of record as of September 1, 2025. Future dividend declarations, form, will be at the board’s discretion, based on performance, cash flow, financial health, and capital allocation needs. Steel Partners, a diversified holding company, cautions that forward-looking statements are subject to uncertainty and are valid only as of the announcement date.

Quantum Corporation (QMCO) is expanding its distribution network in China, India, and ASEAN to capitalize on the burgeoning demand for data protection and management solutions driven by AI and unstructured data. The company has established exclusive agreements with ChangHong IT, Rashi Peripherals Limited, Hibino Graphics Corporation, and ACA Pacific to enhance local service, delivery, and technical support. This strategic move aims to broaden market coverage and strengthen customer experience in these key data-centric markets. The new channel model is effective immediately.

The 9th annual Nevada Youth Homelessness Summit, hosted by NPHY and Las Vegas Sands, will be held on November 14th in Las Vegas. Registration opens August 11th. The summit aims to create Nevada’s first standalone plan to end youth homelessness, building upon the 2018 Southern Nevada plan. With Clark County experiencing a 34% youth homelessness increase, the summit will launch the statewide Youth Experiencing Homelessness Study and gather stakeholders to develop sustainable strategies, amplifying youth voices.

NioCorp CEO Mark Smith will appear on Fox Business Network to discuss a $10 million Pentagon award received by its subsidiary, Elk Creek Resources Corp. The funding, granted under the Defense Production Act, supports the development of a domestic scandium supply chain at the Elk Creek Critical Minerals Project in Nebraska. This initiative aims to secure domestic sources of critical minerals and reduce reliance on foreign entities. The project also focuses on producing niobium, titanium, and evaluating rare earth elements.

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