Streetbeat News

Acquisitions Mergers

NAT

Nordic American Tankers Ltd (NYSE: NAT) is expanding its fleet with the acquisition of a new suezmax tanker, which supports the continuation of dividend payments.

Portfolio Pulse from

March 14, 2025 | 12:15 pm

VTS

Vitesse Energy's acquisition of Lucero Energy enhances operational control, reduces net debt, and supports a 10% dividend increase. However, OPEC+ supply cut phaseouts and economic nationalism, especially impacting China, pose risks to oil prices. Vitesse's hedging strategy offers medium-term protection.

Portfolio Pulse from

March 14, 2025 | 11:45 am

BRK.A

CMPGY

Compass is reportedly considering acquiring Berkshire Hathaway's real estate brokerage business, according to a report by the Wall Street Journal.

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March 14, 2025 | 11:15 am

HHLKF

Hot Chili Limited has added the La Verde Copper Mine to its Costa Fuego copper hub and confirmed a significant copper-gold porphyry discovery. The Costa Fuego Cu-Au Pre-feasibility Study is in its final stages.

Portfolio Pulse from

March 14, 2025 | 11:15 am

AG

FFMGF

First Mining Gold Corp. has amended its agreement with First Majestic Silver Corp. to accelerate the final payment of the Springpole Silver Stream. The payment will now be a cash-only payment of $5 million, due by March 31, 2025.

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March 14, 2025 | 11:15 am

PGDC

Patagonia Gold Corp. is advancing its Calcatreu project in Rio Negro with a proposed financing of up to $40 million. Black River Mine Inc., led by Carlos J. Miguens, will invest in preferred shares of Patagonia Gold Canada Inc., a subsidiary of Patagonia Gold Corp.

Portfolio Pulse from

March 14, 2025 | 10:45 am

AEM

CNL

Collective Mining Ltd. has announced an investment agreement with Agnico Eagle Mines Limited, where Agnico Eagle will subscribe for 4,741,984 common shares of Collective Mining at C$11.00 per share, resulting in gross proceeds of C$63.4 million.

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March 14, 2025 | 10:45 am

CANG

Cango Inc. has received a preliminary non-binding letter of intent from Enduring Wealth Capital Limited to acquire control of the company by purchasing 10,000,000 Class B ordinary shares from its co-founders.

Portfolio Pulse from

March 14, 2025 | 10:15 am

SFTBY

SoftBank is purchasing a former Sharp factory in Japan for $676 million to convert it into an AI data center, in collaboration with OpenAI.

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March 14, 2025 | 9:45 am

KMRPF

Kenmare Resources plc has filed an Opening Position Disclosure under the Irish Takeover Panel Act, 1997, as part of the takeover rules of 2022. This disclosure is required for entities involved in a takeover, either as an offeror or offeree.

Portfolio Pulse from

March 14, 2025 | 9:30 am