North Shore Uranium Engages Investing News Network
INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007 at www.investingnews.com. On July 4, 2025, the Company entered into the INN Agreement. The INN Agreement will be for a three-month term, with three equal payments of $2,750 that will be paid at the beginning of each month, totaling $8,250 (GST excluded). The INN Agreement will not automatically renew. INN will provide advertising to increase awareness of the Company with the first campaign commenced on July 4, 2025. INN does not provide Investor Relations or Market Making services. INN currently holds no common shares in the Company. INN and the Company are unrelated and unaffiliated entities.
The INN Agreement is subject to approval by the TSX Venture Exchange.
ABOUT NORTH SHORE
The nuclear power industry is in growth mode as more nuclear power will be required to meet the world's ambitious CO2 emission-reduction goals and the needs of new power-intensive technologies like AI. In this environment, new discoveries of economic uranium deposits will be very valuable, especially in established uranium-producing jurisdictions like Saskatchewan and New Mexico (see news release dated June 24, 2025). North Shore is well-positioned to become a major force in exploration for economic uranium deposits. The Company is working to achieve this goal by exploring its Falcon and West Bear properties at the eastern margin of the Athabasca Basin in Saskatchewan, expanding its exploration efforts to include the Grants Uranium District in New Mexico and by evaluating other quality opportunities in the United States and Canada to complement its portfolio of uranium properties. North Shore summarized exploration efforts at its Falcon property in a May 27, 2025, news release.
ON BEHALF OF THE BOARD
Brooke Clements,President, Chief Executive Officer and Director
For further information:Please contact: Brooke Clements, President, Chief Executive Officer and DirectorTelephone: 604.536.2711Email: b.clements@northshoreuranium.comwww.northshoreuranium.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "project", "appear", "interpret", "coincident", "potential", "confirm", "suggest", "evaluate", "encourage", "likely", "anomaly", "continuous" and variations of these words as well as other similar words or statements that certain events or conditions "could", "may", "should", "would" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such factors include, among others: the completion of the Offering; the completion and expected terms of the Transaction, the parties' abilities to meet the closing conditions of the Transaction, the number of securities to be issued by the Company in connection with the Transaction, receipt of all necessary approvals for the completion of the Transaction, the completion of satisfactory due diligence, execution of a definitive agreement, and the Company's ability to meet the terms of the Transaction; the highly speculative nature of the Transaction given the early-stage nature of Rio Puerco; the actual results of current and planned exploration activities including the potential for the definition of a mineral deposit of potential economic value at the Company's Falcon property in Saskatchewan; that drilling results, geophysical survey results and/or interpretations thereof are defining potentially mineralized corridors; results from future exploration programs including drilling; interpretation and meaning of completed and future geophysical surveys; conclusions of future economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in grades of mineralization and/or future actual recovery rates; accidents, labour disputes and other risks of the mining industry; the availability of sufficient funding on terms acceptable to the Company to complete the planned work programs; delays in obtaining governmental approvals or financing; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated, or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events, or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
SOURCE: North Shore Uranium Ltd.
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Due to recent demand for conference call services, participants are encouraged to listen to the call via a live Internet webcast at To participate by telephone, participants will receive dial-in information and a unique PIN number upon completion of registration at For those unable to join the live event, an archived webcast will be available on the Investor Relations page at approximately two hours following the live webcast. About BankUnited, Inc. BankUnited, Inc., with total assets of $35.5 billion at June 30, 2025, is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. 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AND SUBSIDIARIES AVERAGE BALANCES AND YIELDS (Dollars in thousands) Assets: Interest earning assets: Loans $ 23,901,218 $ 330,805 5.55 % $ 23,933,938 $ 324,113 5.48 % $ 24,290,169 $ 353,707 5.85 % Investment securities (3) 9,352,504 118,046 5.06 % 9,104,228 114,590 5.07 % 8,894,517 124,572 5.60 % Other interest earning assets 807,721 8,343 4.14 % 788,547 8,436 4.33 % 711,586 8,986 5.08 % Total interest earning assets 34,061,443 457,194 5.38 % 33,826,713 447,139 5.34 % 33,896,272 487,265 5.77 % Allowance for credit losses (227,191 ) (228,158 ) (225,161 ) Non-interest earning assets 1,370,990 1,376,904 1,571,649 Total assets $ 35,205,242 $ 34,975,459 $ 35,242,760 Liabilities and Stockholders' Equity: Interest bearing liabilities: Interest bearing demand deposits $ 5,407,538 $ 45,689 3.39 % $ 4,811,826 $ 39,893 3.36 % $ 3,742,071 $ 35,249 3.79 % Savings and money market deposits 10,355,700 88,023 3.41 % 10,833,734 91,779 3.44 % 11,176,000 118,945 4.28 % Time deposits 3,919,526 36,983 3.79 % 4,326,750 42,538 3.99 % 4,750,640 53,897 4.56 % Total interest bearing deposits 19,682,764 170,695 3.48 % 19,972,310 174,210 3.54 % 19,668,711 208,091 4.26 % FHLB advances 2,941,264 27,828 3.79 % 2,991,389 27,206 3.69 % 3,764,286 40,032 4.28 % Notes and other borrowings 709,081 9,137 5.16 % 709,037 9,134 5.15 % 711,167 9,153 5.15 % Total interest bearing liabilities 23,333,109 207,660 3.57 % 23,672,736 210,550 3.61 % 24,144,164 257,276 4.28 % Non-interest bearing demand deposits 7,993,915 7,413,117 7,448,633 Other non-interest bearing liabilities 931,879 1,004,917 960,691 Total liabilities 32,258,903 32,090,770 32,553,488 Stockholders' equity 2,946,339 2,884,689 2,689,272 Total liabilities and stockholders' equity $ 35,205,242 $ 34,975,459 $ 35,242,760 Net interest income $ 249,534 $ 236,589 $ 229,989 Interest rate spread 1.81 % 1.73 % 1.49 % Net interest margin 2.93 % 2.81 % 2.72 % Expand _______________________________ (1) On a tax-equivalent basis where applicable (2) Annualized (3) At fair value Expand BANKUNITED, INC. AND SUBSIDIARIES AVERAGE BALANCES AND YIELDS (Dollars in thousands) Six Months Ended June 30, 2025 2024 Assets: Interest earning assets: Loans $ 23,917,488 $ 654,918 5.51 % $ 24,313,806 $ 704,149 5.82 % Investment securities (3) 9,229,050 232,636 5.06 % 8,923,485 249,596 5.59 % Other interest earning assets 801,797 16,779 4.22 % 737,523 19,024 5.19 % Total interest earning assets 33,948,335 904,333 5.36 % 33,974,814 972,769 5.74 % Allowance for credit losses (227,672 ) (215,954 ) Non-interest earning assets 1,370,321 1,580,491 Total assets $ 35,090,984 $ 35,339,351 Liabilities and Stockholders' Equity: Interest bearing liabilities: Interest bearing demand deposits $ 5,111,328 $ 85,582 3.37 % $ 3,663,217 $ 68,756 3.77 % Savings and money market deposits 10,593,396 179,802 3.42 % 11,205,130 237,584 4.26 % Time deposits 4,122,014 79,521 3.89 % 4,990,909 111,749 4.50 % Total interest bearing deposits 19,826,738 344,905 3.50 % 19,859,256 418,089 4.23 % FHLB advances 2,966,188 55,034 3.74 % 4,167,253 87,528 4.22 % Notes and other borrowings 709,059 18,271 5.16 % 710,092 18,276 5.15 % Total interest bearing liabilities 23,501,985 418,210 3.58 % 24,736,601 523,893 4.26 % Non-interest bearing demand deposits 7,705,120 7,004,780 Other non-interest bearing liabilities 968,195 933,479 Total liabilities 32,175,300 32,674,860 Stockholders' equity 2,915,684 2,664,491 Total liabilities and stockholders' equity $ 35,090,984 $ 35,339,351 Net interest income $ 486,123 $ 448,876 Interest rate spread 1.78 % 1.48 % Net interest margin 2.87 % 2.64 % Expand _______________________________ (1) On a tax-equivalent basis where applicable (2) Annualized (3) At fair value Expand BANKUNITED, INC. AND SUBSIDIARIES EARNINGS PER COMMON SHARE (In thousands except share and per share amounts) Three Months Ended Six Months Ended June 30, 2025 March 31, 2025 June 30, 2024 June 30, 2025 June 30, 2024 Basic earnings per common share: Numerator: Net income $ 68,766 $ 58,476 $ 53,733 $ 127,242 $ 101,713 Distributed and undistributed earnings allocated to participating securities (979 ) (821 ) (748 ) (1,799 ) (1,429 ) Income allocated to common stockholders for basic earnings per common share $ 67,787 $ 57,655 $ 52,985 $ 125,443 $ 100,284 Denominator: Weighted average common shares outstanding 75,222,756 74,918,750 74,762,498 75,071,593 74,635,803 Less average unvested stock awards (1,124,872 ) (1,101,408 ) (1,110,233 ) (1,113,205 ) (1,119,035 ) Weighted average shares for basic earnings per common share 74,097,884 73,817,342 73,652,265 73,958,388 73,516,768 Basic earnings per common share $ 0.91 $ 0.78 $ 0.72 $ 1.70 $ 1.36 Diluted earnings per common share: Numerator: Income allocated to common stockholders for basic earnings per common share $ 67,787 $ 57,655 $ 52,985 $ 125,443 $ 100,284 Adjustment for earnings reallocated from participating securities 5 4 2 9 4 Income used in calculating diluted earnings per common share $ 67,792 $ 57,659 $ 52,987 $ 125,452 $ 100,288 Denominator: Weighted average shares for basic earnings per common share 74,097,884 73,817,342 73,652,265 73,958,388 73,516,768 Dilutive effect of certain share-based awards 523,812 562,488 365,988 543,043 310,906 Weighted average shares for diluted earnings per common share 74,621,696 74,379,830 74,018,253 74,501,431 73,827,674 Diluted earnings per common share $ 0.91 $ 0.78 $ 0.72 $ 1.68 $ 1.36 Expand BANKUNITED, INC. AND SUBSIDIARIES SELECTED RATIOS June 30, 2025 March 31, 2025 June 30, 2024 June 30, 2025 June 30, 2024 Financial ratios (4) Return on average assets 0.78 % 0.68 % 0.61 % 0.73 % 0.58 % Return on average stockholders' equity 9.4 % 8.2 % 8.0 % 8.8 % 7.7 % Net interest margin (3) 2.93 % 2.81 % 2.72 % 2.87 % 2.64 % Loans to deposits 83.6 % 85.5 % 88.7 % 83.6 % 88.7 % Tangible book value per common share $ 38.23 $ 37.48 $ 35.07 $ 38.23 $ 35.07 Expand June 30, 2025 March 31, 2025 December 31, 2024 Asset quality ratios Non-performing loans to total loans (1)(5) 1.57 % 1.08 % 1.03 % Non-performing assets to total assets (2)(5) 1.08 % 0.76 % 0.73 % ACL to total loans 0.93 % 0.92 % 0.92 % Commercial ACL to commercial loans (6) 1.36 % 1.34 % 1.37 % ACL to non-performing loans (1)(5) 59.18 % 84.58 % 89.01 % Net charge-offs to average loans (7) 0.27 % 0.33 % 0.16 % Expand _______________________________ (1) We define non-performing loans to include non-accrual loans and loans other than purchased credit deteriorated and government insured residential loans that are past due 90 days or more and still accruing. Contractually delinquent purchased credit deteriorated and government insured residential loans on which interest continues to be accrued are excluded from non-performing loans. (2) Non-performing assets include non-performing loans, OREO and other repossessed assets. (3) On a tax-equivalent basis. (4) Annualized for the three and six month periods as applicable. (5) Non-performing loans and assets include the guaranteed portion of non-accrual SBA loans totaling $35.9 million or 0.15% of total loans and 0.10% of total assets at June 30, 2025, $33.0 million or 0.14% of total loans and 0.09% of total assets at March 31, 2025, and $34.3 million or 0.14% of total loans and 0.10% of total assets at December 31, 2024. (6) For purposes of this ratio, commercial loans includes the C&I and CRE sub-segments, as well as franchise and equipment finance. Due to their unique risk profiles, MWL and municipal finance are excluded from this ratio. 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36.0 g/t Gold Over 10.0 Meters - Froome Mine Life Extended With Discovery of New High-Grade Mineralization
TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — McEwen Inc. (NYSE: MUX) (TSX: MUX) ('McEwen', 'MUX' or the 'Company') is pleased to announce the discovery of high-grade mineralization approximately 200 meters West of the Froome Mine, which is the current source of production at the Fox Complex. This discovery will extend our mining at Froome. Highlights from Drilling at Froome West: Intercepts along the Froome West high-grade plunge (refer to Figures 2 and 3): Extending mineralization further West (refer to Figures 2 and 3): Unless specified as core widths (CW), all assay intervals in this press release are presented as true widths (TW). The mineralization we see at Froome West occurs as several sub-vertical, stacked mineralized lenses which can often lead to increased flexibility during mining. Within these lenses we are seeing a concentration of high grade in a roughly 15 to 25 meters wide, vertically oriented trend (or plunge). Gold mineralization remains open to the West and at depth, which encourages further exploration in both directions. Froome West mineralization is similar in style to that seen at the Black Fox deposit (approx. 900 meters to the East and shown in Figure 1), characterized by structurally controlled, stacked, sub-vertically dipping quartz-carbonate veins, with occurrences of visible gold (VG) and showing a steep high-grade plunge. Total historical production at the Black Fox and Froome mines is 1.1 million gold ounces. The exploration program at Froome West will continue drilling to test deeper (along the down-dip extension of the high-grade plunge), and laterally (westward along strike), to evaluate broader regional mineralization trends. Figure 1 below provides an aerial view showing the location of the Froome West mineralization in relation to the Froome Mine deposit currently being mined and the historic Black Fox Mine, including its open pit and underground workings. Future mining activities at Froome West will continue to use the existing infrastructure currently used for mining operations at the Froome Mine. Figure 1. Aerial View of the Locations of Froome West, Froome Mine and Historical Black Fox Mine Mining infrastructure development on four levels is planned and already underway at Froome West, starting from the existing workings at the producing Froome Mine and extending 200 meters toward the West zones. This is shown in blue in Figures 2 and 3. The new infrastructure will allow for access and testing for extensions of the Froome West mineralization. Table 1 lists the new drilling results for Froome West that are presented in this press release. Table 1. Froome West Drill Results Highlights The long section view A-A' in Figure 2 below (location shown on Figure 1) shows the outline of the mineralized zones at Froome West and the locations of the drill hole intercepts listed in Table 1 above. The high-grade plunge is identified by the darker orange vertical lines, located to the Eastern side, close to the planned early infrastructure, and shows the potential expansion of the mineralized zone both to depth (down-dip) and to the West along strike. Figure 2. Long Section View A-A' Looking East Northeast, Showing the Newly Discovered Froome West Mineralization (Orange), Including the High-Grade Plunge (Bright Orange), 200 Meters from the Froome Mine Operations, Where We Are Currently Mining (Olive Green and Green) The cross-section view B-B' in Figure 3 below (location shown in Figure 1) shows the stacked lenses seen at Froome West. The section also shows the planned and current infrastructure (in blue), along with some of the notable drillhole intercepts received for this drilling campaign. Figure 3. Cross Section View B-B' Looking Northwest, Showing the Stacked Mineralized Zones West of Froome Mine and Notable Drill Hole Intercepts This discovery of high-grade mineralization will extend the mining at Froome and provide more optionality in our mine plan for the Fox Complex. As mentioned in previous announcements (see our June 5th press release and the Annual Meeting presentation from June 19th, 2025), our Stock Mine is part of the mine plan for the Fox Complex and is expected to come into commercial production in 2026. 'We are excited at the potential of what Froome West holds, in an area of our property that is relatively underexplored; our current mineralization model extends to a depth of 250 meters and remains open both at depth and to the West. The nearby Black Fox Mine historically produced nearly 1 million gold ounces, from mining that extended down to 800 meters below surface. With geology and mineralization styles comparable to those seen at Black Fox, which encountered mineralization as deep as 1,000 meters, the Froome West area has the potential to lead us to the discovery of a deposit of similar scale and significance,' said Chief Geologist Rob Glover. A table of drill results at Froome West up until July 16th, 2025 that includes hole locations and alignments is available on the Company's website and can be accessed by clicking here . Technical Information Technical information pertaining to the Fox Complex exploration contained in this news release has been prepared under the supervision of Robert Glover, McEwen Ontario's Chief Geologist, who is a Qualified Person as defined by SEC S-K 1300 and Canadian Securities Administrators National Instrument 43-101 'Standards of Disclosure for Mineral Projects.' The majority of the analyses reported herein were submitted as whole core samples and assayed by the photon assay method at the accredited laboratory MSA Labs (ISO 9001 & ISO 17025) in Timmins, Ontario, Canada. Additional analyses reported herein were submitted as whole core samples and assayed by the Fire Assay method at the McEwen Mine Assay Lab in Timmins, Ontario, Canada. ABOUT MCEWEN McEwen provides its shareholders with exposure to gold, copper and silver in the Americas by way of its three mines located in the USA, Canada and Argentina and its large advanced-stage copper development project in Argentina. It also has a gold and silver mine on care and maintenance in Mexico. Its Los Azules copper project aims to become one of the world's first regenerative copper mines and is committed to carbon neutrality by 2038. Rob McEwen, Chairman and Chief Owner, has personally invested US$205 million in the companies and takes a salary of $1/ year. He is a recipient of the Order of Canada and a member of the Canadian Mining Hall of Fame. His objective for MUX is to build its share value and establish a dividend, as he did while building Goldcorp Inc. McEwen's shares are publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol 'MUX'. CAUTION CONCERNING FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements and information, including 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Inc.'s (the 'Company') estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the Company to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, foreign exchange volatility, foreign exchange controls, foreign currency risk, and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other filings with the Securities and Exchange Commission, under the caption 'Risk Factors', for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement. The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by the management of McEwen. Want News Fast? 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