FINWIRES · TerminalLIVE
FINWIRES

Teako Minerals to Raise C$500,000 Via Private Placement Financing

By

Teako Minerals (TMIN.CN) launched a non-brokered private placement for the issuance of up to 8.3-million of its common shares at C$0.06 apiece for up to C$500,000, it said late Thursday.

The company received commitments for the full amount of the offering from its strategic investor group of K.A. Rasmussen AS and anticipates closing the offering promptly, it said. Proceeds will be used for exploration activities and general working capital needs.

Shares of the company closed unchanged at C$0.055 on Thursday on the Canadian Securities Exchange.

Related Articles

Mining & Metals

Golconda Gold Q2 Gold Production Unchanged From Q1, Rises 20% Year Over Year

Golconda Gold (GG.V) on Thursday said second-quarter gold production at its Galaxy Gold Mine totaled 3,648 ounces, unchanged from the first quarter and up 20% from a year earlier.The company said it expects ore tonnes to increase in the second half of 2026 as in late Q2 it took delivery of additional mining equipment, including one drill rig, three loaders and one dump truck.The company also announced the appointment of High Desert Mining as mining contractor at the Summit Mine in New Mexico. High Desert has been on site since May 25 and underground establishment activities are underway with key mining equipment are mobilised."First ore was delivered to surface on July 7, mining faces are readily accessible and we expect to begin to build a stockpile," Golconda Gold CEO Ravi Sood said.Company's shares closed up C$0.07 to C$2.25 on TSX Venture Exchange.

$GG.V
Mining & Metals

Cineplex Reports C$55.8 Million June Box Office Revenue; Q2 Reaches C$176.2 Million

Cineplex (CGX.TO) after trade Thursday said it generated C$55.8 million in box office revenue in June, compared with C$51.8 million a year ago.For the second quarter, box office revenue totaled C$176.2 million, up from C$158.5 million in the second quarter of 2025, the company said, adding that "through the first half of 2026, the strength of the slate was evident, with more 2026 releases surpassing $200 million at the domestic box office than in any year since 2018. June further contributed to this momentum, delivering the highest June box office performance since 2019".Toy Story 5 delivered the largest domestic opening weekend of the year, while Obsession and Backrooms were among the quarter's biggest breakout successes. Looking ahead, Chief Executive Ellis Jacob said that there is strong early demand for The Odyssey and Spider-Man: Brand New Day.

$CGX.TO
Mining & Metals

Tilray Brands Unit Launches First Medical Cannabis Product in Panama

Tilray Brands' (TLRY.TO) Tilray Medical unit said Thursday it launched its first medical cannabis product in Panama.The launch follows the shipment of Tilray Oral Solution CBD100 from the company's EU-GMP-certified production facility in Portugal through its joint venture with Solana Life Group. The product will be distributed through Farmacias Arrocha, one of Panama's pharmacy chains, and will be available to patients by prescription, the company said.The solution is "intended for use, where authorized, in patients with qualifying medical conditions authorized under Panamanian legislation," the company added.

$TLRY.TO