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TORONTO, ON / ACCESSWIRE / December 6, 2024 / Signal Gold Inc. ("Signal Gold" or the "Company") (TSX:SGNL)(OTCQB:SGNLF) is pleased to announce that the shareholders of the Company ("Shareholders") have overwhelmingly approved the special resolutions authorizing the plan of arrangement of the Company under the Business Corporations Act (Ontario) (the "Arrangement") and a related private placement, at the special meeting of Shareholders held earlier today (the "Meeting"). Pursuant to the Arrangement, previously announced on October 10, 2024, NexGold Mining Corp. ("NexGold") will acquire all the issued and outstanding common shares of Signal Gold to create a top near-term gold developer advancing NexGold's Goliath Gold Complex Project in Northern Ontario and the Goldboro Project in the historic Goldboro Gold District in Nova Scotia. The purpose of the Meeting was to consider and vote upon the Arrangement Resolution authorizing the Arrangement and approving the transactions contemplated in the arrangement agreement dated October 9, 2024 between Signal Gold and NexGold, pursuant to which, among other things, NexGold will acquire all of the issued and outstanding common shares of the Company by way of a court-approved plan of arrangement, and in exchange, Shareholders will be entitled to receive 0.1244 of a common share of NexGold for each common share of Signal Gold held. In approving the Arrangement Resolution, Shareholders also approved the Debt Restructuring (as described in the management information circular of Signal Gold dated November 5, 2024). At the Meeting, an ordinary resolution was also considered and voted on with respect to a Private Placement Resolution, authorizing and approving, among other things, the issuance by Signal Gold of common shares in connection with a non-brokered private placement of up to 120,075,840 subscription receipts of Signal Gold ("Subscription Receipts"), at a price of $0.08705 per Subscription Receipt for aggregate gross proceeds of up to $10,452,601.87 (the "Private Placement"). Prior to the completion of the Arrangement, Signal Gold may exercise its option to issue up to an additional 6,003,792 Subscription Receipts for additional gross proceeds of up to $522,630.10. A total of 126,970,057 common shares were represented in person or by proxy at the Meeting, representing approximately 49.779% of the issued and outstanding common shares of Signal Gold. Approval of the Arrangement For the Arrangement to proceed, the Arrangement Resolution required the approval of at least two-thirds (662⁄3%) of the votes cast at the Meeting, by the Shareholders attending in person or voting by proxy, and a simple majority of the votes cast on the Arrangement Resolution by Shareholders present or represented by proxy at the Meeting, excluding, for this purpose, votes attached to shares held by persons described in items (a) through (d) of Section 8.1(2) of MI 61-101. At the Meeting, the Arrangement Resolution was overwhelmingly approved by 121,602,757 votes cast at the Meeting, representing approximately 95.773% of the shareholders present in person or represented by proxy at the Meeting. The Arrangement Resolution was also approved by 95.501% of the Shareholders present in person or represented by proxy at the Meeting, excluding, for this purpose, votes attached to shares held by persons described in items (a) through (d) of Section 8.1(2) of MI 61-101. Accordingly, the Shareholder approval required to proceed with the Arrangement has been obtained. Private Placement Financing For the Private Placement to proceed, the Private Placement Resolution must be approved by a simple majority of the votes cast by Shareholders present. At the Meeting, the Private Placement Resolution was overwhelmingly approved by 121,562,732 votes cast at the Meeting, representing approximately 95.741% of the shareholders present in person or represented by proxy at the Meeting. Accordingly, the Shareholder approval required in order to proceed with the Private Placement has been obtained. Transaction Update Having obtained the requisite approval of the Arrangement Resolution and Private Placement Resolution at the Meeting, the parties are continuing to work diligently towards closing the Arrangement. The Arrangement is expected to become effective on December 13, 2024, subject to, among other things, the Company obtaining a final order from the Ontario Superior Court of Justice (Commercial List) in respect of the Arrangement and the satisfaction or waiver of certain other customary closing conditions. The hearing for the final order of the Ontario Superior Court of Justice (Commercial List) to approve the Arrangement is scheduled to take place on December 11, 2024. Following the completion of the Arrangement, it is expected that the Signal Gold shares will be delisted from the TSX and OTCQB. Further details regarding the Arrangement and on the above matters are set out in the management information circular of Signal Gold dated November 5, 2024, which is available on SEDAR+ (www.sedarplus.ca) under Signal Gold's issuer profile. For detailed voting results on each resolution, please refer to the Company's Report of Voting Results filed on SEDAR+ at www.sedarplus.com . ABOUT SIGNAL GOLD Signal Gold is advancing the Goldboro Gold Project in Nova Scotia, a significant growth project subject to a positive Feasibility Study which demonstrates an approximately 11-year open pit life of mine ("LOM") with average gold production of 100,000 ounces per annum and an average diluted grade of 2.26 grams per tonne gold. (Please see the ‘NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia' on January 11, 2022, for further details). On August 3, 2022, the Goldboro Project received its environmental assessment approval from the Nova Scotia Minister of Environment and Climate Change, a significant regulatory milestone, and the Company has now submitted all key permits including the Industrial Approval, Fisheries Act Authorization and Schedule II Amendment, and the Mining and Crown Land Leases. The Goldboro Project has significant potential for further Mineral Resource expansion, particularly towards the west along strike and at depth, and the Company has consolidated 27,200 hectares (~272 km2) of prospective exploration land in the Goldboro Gold District. FORWARD-LOOKING STATEMENTS This news release contains "forward-looking information" within the meaning of applicable Canadian and United States securities legislation, including, but not limited to, the timing of the hearing for the final order of the Ontario Superior Court of Justice (Commercial List) to approve the Arrangement and the timing of the completion of the Arrangement. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Signal Gold to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, actual results of current production, development and exploration activities, government regulation, political or economic developments, environmental risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of resources, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in Signal Gold's annual information form for the year ended December 31, 2023, available on www.sedarplus.ca . Although Signal Gold has attempted to identify important factors, assumption and risks that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors, assumptions and risks that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Signal Gold does not undertake to update any forward-looking information, except in accordance with applicable securities laws. This news release has been reviewed and approved by Kevin Bullock, P. Eng., President and CEO with Signal Gold Inc., a "Qualified Person", under National Instrument 43-101 Standard for Disclosure for Mineral Projects. FOR ADDITIONAL INFORMATION CONTACT: Signal Gold Inc. Kevin Bullock President and CEO (647) 388-1842 kbullock@signalgold.com Robert Dufour Chief Financial Officer (647) 921-7751 rdufour@signalgold.com SOURCE: Signal Gold Inc. View the original on accesswire.com
Pete Tychsen, President & Founder of Preservation Financial Group Interviewed on the Influential Entrepreneur Podcast Discussing Having a Retirement Income Plan in Writing
NASHVILLE, Tenn. (AP) — A federal judge took Diego Pavia 's request for a limited preliminary injunction under advisement at the end of a hearing Wednesday as the Vanderbilt quarterback seeks to play at least another season while his lawsuit against the NCAA plays out in court. U.S. District Judge William L. Campbell asked attorneys how quickly they could be ready for trial. He also asked about the upcoming transfer portal, which opens Monday and closes Dec. 28. Attorney Ryan Downton argued during a 2 1/2-hour hearing that Pavia wants “the narrowest injunction possible” to keep his time in junior college from counting against his NCAA Division I eligibility using older guidelines. Their best hope is for a quick ruling by Monday. “I get the sense from him today that he’s looking at the date the portal closes and trying to give enough time to react before it closes,” Downton said of the judge's timing after the hearing. Campbell peppered attorneys with questions. The judge noted prep schools play against junior colleges, including Pavia's, without starting their NCAA eligibility clock. He also noted junior colleges don't allow redshirt seasons. The judge also said the NCAA has changed its rules over the past 50 years, including allowing freshmen to play and later added the redshirt rule. Campbell sounded surprised when told a player who redshirted this season could play a total of nine games if on the team that wins the College Football Playoff. Pavia filed Nov. 8 in the U.S. District Court for the Middle District of Tennessee in Nashville. His request for a temporary restraining order was denied giving him two more seasons of eligibility allowing a redshirt season “to avoid additional harm.” His lawsuit also asks that Vanderbilt, or any other college, not be punished for complying with orders from the court. Pavia filed a declaration Monday that he is applying to the masters' program for legal studies at Vanderbilt starting in January if he is granted the preliminary injunction. Attorneys Tamarra Matthews Johnson and Max Warren argued for the NCAA that Pavia had done exactly what the organization wants athletes to do earning a bachelor's degree at New Mexico State before being a graduate transfer to Vanderbilt earlier this year. They also argued Pavia easily can seek another degree without playing football. Warren disputed the idea of irreparable damages noting Pavia can receive economic damages at trial without an injunction. Warren also questioned the lawsuit's timing with Pavia quoted that this was his last year of college football. “His best opportunity to earn a living is playing college football ...,” Downton said in court. “This is his chance.” Pavia did not get an offer from a Football Bowl Subdivision school coming out of Volcano Vista High School in Albuquerque, New Mexico. He went to New Mexico Military Institute in 2020 and led the junior college to the 2021 national championship. He went to New Mexico State in 2022 and won 10 games in 2023. The Conference USA Offensive Player of the Year then followed his head coach, Jerry Kill, and offensive coordinator Tim Beck to Vanderbilt this offseason. Matthews Johnson argued that Vanderbilt simply will find another quarterback. Vanderbilt hasn't had many quarterbacks like Pavia who had a handful of his teammates sitting behind him in court. Pavia is a big reason why Vanderbilt is 6-6 and bowl eligible for the first time since 2018. He led the Commodores to their best start in decades, ranked twice in the AP Top 25 and posted their biggest win ever beating then-No. 1 Alabama. That snapped a 60-game winless skid over over AP top-5 teams. Wednesday’s hearing coincided with the early signing period . Vanderbilt coach Clark Lea supported his quarterback’s initial filing and has talked of how much he has meant to the Commodores. That didn’t stop Vanderbilt from signing a quarterback Wednesday out of an Illinois high school in Jack Elliott. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football .
Understanding drawdown: What it means for your investment strategyThis was a six point rise from the previous poll which put support for independence at 54% . But it’s not just in the UK the royals are facing a struggle to hang on to relevance. Across the world it appears the end is nigh, much more so than it is on these shores in fact. We spoke to Our Republic’s Tristan Grayford to look back on some of the key news stories of 2024 concerning the royal family and why it might just be the beginning of the end for them. Not too long after the royals enjoyed another lavish Christmas at Sandringham, two polls came out back-to-back showing for the first time that less than half of people in the UK wanted to keep King Charles as head of state . The first came on January 8 after campaign group Republic commissioned a Savanta poll asking the public whether they preferred a monarchy or an elected head of state. The results showed just 48% said they would prefer the royals. To prove it was not a fluke, another poll 10 days later from YouGov found just 45% of people in the UK supported the monarchy. In Scotland, the results were even more stark. A mere 33% of people preferred the royal family – the lowest figure out of all the UK nations - according to the pollster's data. The opposition to the royals north of the Border was further solidified in a poll commissioned by Our Republic in May , which produced similar results. Three polls all showing the same thing – the monarchy are rapidly losing appeal. Gray told The National while he wasn’t surprised by the results, he was shocked by how little was made of them in the press. (Image: Aaron Chown) “I think Elizabeth was one of the key pillars of Britishness and Charles trying to slip into that place despite having none of the decades-long institutional presence Elizabeth had and being very much an individual in his own right who is known for his relationship dramas was never going to fill the same void,” he said. “I was surprised how little deal was made about it. “The unquestioned head of state who is expected to stay in power until they die and be automatically succeeded by their son, and no one is really questioning that half of people are not interested. That should be a bigger deal.” Later in the year, one of the most notable moments which attracted interest across the online world was when Charles was berated by an Australian senator who told him “you are not my king” and demanded a treaty between Australia’s First Nations and its government. Senator Lidia Thorpe waited until the end of a landmark speech Charles gave at Australia’s Parliament House, in the nation’s capital of Canberra, in October to verbally attack him and claim “genocide” had been committed against the Commonwealth country’s indigenous people. It came amid Charles and Camilla facing protests in Australia from indigenous rights activists . Charles was also snubbed by all of Australia's state premiers ahead of his tour, with not a single one of them agreeing to meet the monarch. On the protest from the senator, Grayford said the days of Charles “playing emperor” around the world will soon be over as demonstrations from nations exploited by the British Empire continue. He said: “There’s never going to be a case where the monarchy is going to be able to go anywhere in the world where they are not going to get confronted with the horrors their family have reigned over.” NEW: This is the moment King Charles's speech in Australia's Parliament House was interrupted by Senator Lidia Thorpe, who told him: 'You are not my King' 🗣 'You have committed genocide against our people.' pic.twitter.com/KkExsbCGTb Over the Tasman Sea in New Zealand, Maori tribes made a rare call this month for Charles to intervene in their politics but Buckingham Palace said it was a matter for the New Zealand government. “This shows the emperor with no clothes situation where Charles goes around the world claiming to be this unifying figure, but when he can actually do something unifying on behalf of an ethnicity that has suffered because of his family, he won’t lift a finger,” said Grayford. Asked if we would soon see the end of the monarchy in Commonwealth countries, Grayford said: “Absolutely. I think we are more likely to see the end of the royal family as a globetrotting set of billionaires within our lifetimes. The UK is more of an open question. “I also think we need to separate those two as very distinct issues. We need to be clear that when we’re talking about the end being nigh for the global emperor version of the monarchy, that’s for different reasons than the end is nigh for the king of the UK.” At the start of November a story Grayford regards as “the biggest in the last five years” when it comes to the royals came as a result of a Channel 4 Dispatches investigation looking into the royal family’s “secret millions” . The probe revealed how the King and Prince William’s private estates had struck rental deals worth millions of pounds with state schools, the armed forces and the NHS. The investigation reported that last year the Duchy of Lancaster agreed a deal to store a new fleet of electric ambulances, owned by Guy’s and St Thomas’ NHS Trust in London, in one of the estate’s warehouses at a cost of £11.4 million over 15 years. Meanwhile, the Duchy of Cornwall had charged the Navy more than £1m since 2004 to build and use jetties and moor warships on the Cornish coastline. The duchy will also earn around £600,000 over the lifetime of six different leases agreed with local state schools. “I think this is the biggest story of maybe the last five years because it was someone other than The National pay attention to royal finances,” said Grayford. (Image: Mina Kim/PA Wire) “Whenever we put out anything, you’re the only ones who pay any attention, no matter how juicy it may seem or how much ordinary people on social media are interested in it. “I think to have Channel 4 do a full Dispatches on it was a major moment and showed there are media outlets who are willing to put a magnifying glass on the royals.” Closing out the year was the revelation the King’s coronation we were all handed a bank holiday for last year cost a whopping £72 million . That was what the official accounts suggested anyway, but republicans were not at all convinced that was the entire bill. However, Grayford said he was less bothered about the cost of the Westminster Abbey ceremony, and more about how it looked to normal people grappling with rising costs. “My main issue isn’t the fact it was £72m, it’s that it was rubbing it in the face of people who are struggling with the cost of living crisis saying ‘look at all this gold and jewels’,” he said. “Never mind the money, just the appearance of it [I had an issue with]. You’d have thought that a man who claims to care about the people he serves would’ve gone ‘people are really struggling, I’m going to have a more modern looking ceremony’. “It was a £72m ego trip.” Overall, it was a year where the distance between the thoughts and experiences of the general public and the royals only deepened, but Grayford said in his view the family have far from accepted that regular people are going off them. Asked for his assessment of the royals’ year, he said: “I really feel like Charles has just ended up being bogged down in the fact that everyone around him, including him, expects things to just be the same forever and therefore there’s no need to change, no one is going to question them, they can just keep doing the same grubby deals that have been unquestioned for decades. “They don’t realise that the world around them has changed. It’s been almost the same story on repeat this year which is ‘we’ve found out Charles and his house have been doing this grubby thing for years’ and the response from the household is always [negligible]. “They don’t seem to have any crisis comms or any other response other than ‘this is how we’ve always done this’.”
Home of Mavericks star Luka Doncic is burglarizedGophers senior linebacker Cody Lindenberg has declined to use his final season of eligibility in 2025 and instead declared for the NFL draft on Friday. ADVERTISEMENT Lindenberg was healthy and highly productive in 2024, leading Minnesota with 94 total tackles as well as one sack and one interception in all 12 games. The Anoka native overcame injuries in both 2023 and ’21 to be an all-Big Ten selection this fall. “Every single day for the past five seasons has been a dream come true playing for and in front of you all in the maroon and gold!” Lindenberg wrote on social media. “Representing this university, this program and this state means more to me than anyone will ever know.” With Lindenberg leaving, the need to add a linebacker via the NCAA transfer portal grows more important. They have yet to add a linebacker among the 11 new additions for next season. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .
Ventive Hospitality share price made a decent debut on Monday, December 30, as the stock was listed at a nearly 12 per cent premium on the BSE at ₹ 718.15. Ventive Hospitality share price opened at ₹ 718.15, up 11.7 per cent, against its issue price of ₹ 643. The stock soon extended gains and touched the level of ₹ 732. On the NSE, Ventive Hospitality share price opened 11.4 per cent higher at ₹ 716 and touched the level of ₹ 732.80. Around 10:05 AM, the stock traded at ₹ 717.85 on the BSE and ₹ 716.45 on the NSE. The stock's listing was broadly in line with grey market expectations. The grey market premium (GMP) of the stock Monday morning was ₹ 68, which indicated the stock could be listed at a premium of nearly 11 per cent. Ventive Hospitality IPO details The Ventive Hospitality IPO opened for subscription on Friday, December 20, and concluded on Tuesday, December 24. Share allotment was finalised on Thursday, December 26. It was an entirely new issue of 2.49 crore shares to raise ₹ 1,600 crore. JM Financial Limited, Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, IIFL Securities Ltd, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited are the book-running lead managers of the IPO , while KFin Technologies is the registrar for the issue. Akriti Mehrotra, a research analyst at StoxBox, pointed out that Ventive Hospitality operates 11 luxury properties, including flagship hotels like JW Marriott Pune and The Ritz-Carlton Pune, benefiting from strong partnerships with global brands such as Marriott and Hilton. However, its reliance on third-party operators for 78 per cent of its keys exposes it to reputational risks. "Ventive also generates 41 per cent of its revenue from annuity assets, providing stable cash flows. With a strong financial track record, including a 44 per cent revenue CAGR, and plans for expansion, we recommend holding shares for medium to long-term growth,” said Mehrotra. Read all market-related news here Disclaimer: The views and recommendations above are those of individual analysts, experts, and brokerage firms, not Mint. We advise investors to consult certified experts before making any investment decisions.Gophers senior linebacker Cody Lindenberg has declined to use his final season of eligibility in 2025 and instead declared for the NFL draft on Friday. ADVERTISEMENT Lindenberg was healthy and highly productive in 2024, leading Minnesota with 94 total tackles as well as one sack and one interception in all 12 games. The Anoka native overcame injuries in both 2023 and ’21 to be an all-Big Ten selection this fall. “Every single day for the past five seasons has been a dream come true playing for and in front of you all in the maroon and gold!” Lindenberg wrote on social media. “Representing this university, this program and this state means more to me than anyone will ever know.” With Lindenberg leaving, the need to add a linebacker via the NCAA transfer portal grows more important. They have yet to add a linebacker among the 11 new additions for next season. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .Asana (NYSE:ASAN) Stock Price Expected to Rise, Oppenheimer Analyst Says