Markets

Lake Victoria Gold (LVGLF) announced its Q3 2025 exploration update detailing Bulyanhulu’s progress on six licenses acquired under the 2021 APA. Highlights include the completion of 94 line-km of GAIP surveying and the commencement of aircore drilling at the Enze target (19 holes, 419m). Diamond and RC drilling are planned for Q4 2025. Project expenditures total US$6.7M of a proposed US$9M. LVG could receive up to US$45M in contingent payments and engaged Atrium Research for services at $3,500/month for 9 months, pending TSXV approval.

BW LPG announced it will harmonize dividend payment dates for shares traded on the Oslo and New York Stock Exchanges, aiming to expedite payments for Oslo-registered shareholders. While payment dates are synchronized, the USD-denominated dividend policy remains unchanged, with NOK conversion for Oslo shareholders announced with quarterly results. This procedural update reflects BW LPG’s focus on shareholder value and operational efficiency amidst shifts in the LPG market. BW LPG is the world’s leading owner and operator of LPG vessels.

The 2025 ISG Paragon Awards™ Asia recognized organizations strategically deploying AI, digital technology, and innovative operating models for business success. Winners, selected by an independent panel, were announced at a Singapore gala. Awards highlighted excellence in areas like Best-in-Class delivery (Avanade with Country Foods), Innovation (Tech Mahindra with Mahindra Auto and Farm), Transformation (TCS with Plaza Premium Group), and AI Pacesetter (Avanade with Alexandra Group). iCompaz and Temasek Holdings received Honorary Distinction for Partnership Excellence. The awards reflect the growing importance of the Asia Pacific region in leveraging AI and other technologies.

Bayer’s Phase III OCEANIC-STROKE trial showed that asundexian, a Factor XIa inhibitor, significantly reduced the risk of ischemic stroke recurrence when combined with antiplatelet therapy, compared to placebo. Crucially, asundexian did not increase major bleeding events. This marks the first successful Phase III trial for a Factor XIa inhibitor. Bayer plans to pursue marketing authorization globally. Detailed results will be presented at an upcoming scientific congress. Asundexian has received FDA Fast Track designation.

Freedom Holding Corp. released its 2025 Sustainability Report, detailing ESG investments of 27.87 billion tenge ($57.6 million USD) across its operating regions. Key areas include education/technology (AI facility, Fintech Bootcamp), sports/healthy lifestyles (football complex), social/infrastructure projects (flood relief, theater reconstruction), and environmental projects (COP29, Aral Sea restoration). The company emphasizes youth development, gender balance, and strategic achievements like the UN SDG Regional Office in Almaty. Freedom Holding provides financial services in 21 countries and is listed on NASDAQ, KASE, and AIX.

Trinity One Metals (ARJNF) announced board changes on November 22, 2025. Robert Payment, the current CFO and corporate secretary, was appointed as a director. David Wheeler resigned as director, effective immediately. The board thanked Wheeler for his contributions. The TSX Venture Exchange disclaims responsibility for the release’s accuracy.

Zhibao Technology (ZBAO) received a Nasdaq deficiency letter for failing to file its Form 20-F for the fiscal year ended June 30, 2025, putting it at risk of non-compliance with Nasdaq Listing Rule 5250(c)(1). The notice doesn’t immediately affect the stock listing. Zhibao has 60 days to submit a compliance plan, potentially receiving an extension until May 13, 2026, if accepted. The company intends to file the report and submit a plan, with the option to appeal to a Nasdaq Hearings Panel if the plan is rejected.

Strategic Storage Trust X (SST X), backed by SmartStop Self Storage REIT (NYSE: SMA), acquired its first self-storage facility in Murfreesboro, Tennessee, from SmartStop on November 21, 2025. The facility offers 62,100 rentable square feet across roughly 470 units and benefits from high traffic and a growing local population. SST X, structured as a perpetual NAV REIT, aims to provide investors with stable income and long-term appreciation through a diversified self-storage portfolio. This acquisition marks SST X’s initial investment in a high-growth market.

Lument Finance Trust (LFT) priced a $663.8 million CRE-CLO, LMNT 2025-FL3, aiming for non-mark-to-market financing. Approximately $585 million is expected to be placed with institutional investors. Following the redemption of its 2021-FL1 CRE-CLO, this deal features a 30-month reinvestment period and an 88.1% advance rate. J.P. Morgan Securities LLC served as the structuring agent and lead manager. LFT focuses on transitional, floating-rate commercial mortgage loans, particularly in the multi-family sector. The company cautions about risks in its SEC filings related to forward-looking statements.

Lifeway Foods’ Farmer Cheese is now available in 2,000 Walmart stores nationwide, marking a significant expansion into the mainstream market. This move capitalizes on the rising popularity of cottage cheese and cultured dairy products, driven by social media trends and increased awareness of their functional benefits. Lifeway’s Farmer Cheese, boasting high protein and live cultures, aligns with wellness and flavor trends. CEO Julie Smolyansky emphasizes its potential to support gut health and metabolic regulation. The product’s clean ingredient profile and versatility further appeal to health-conscious consumers.