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ACCESS Newswire to Host Second Quarter Earnings Conference Call on August 12, 2025

ACCESS Newswire to Host Second Quarter Earnings Conference Call on August 12, 2025

Miami Herald10 hours ago
RALEIGH, NC / ACCESS Newswire / August 5, 2025 / ACCESS Newswire Inc. (NYSE American:ACCS), an industry-leading communications company, today announced it will host a conference call and live webcast on August 12, 2025, at 9:00am Eastern Time to discuss the results of the second quarter 2025.
Conference Call Information
To participate in this event, dial approximately 5 to 10 minutes before the beginning of the call.
Date: August 12, 2025Time: 9:00 a.m. eastern timeToll & Toll Free: 973-528-0011 | 888-506-0062Access Code: 793721Live Webcast: https://www.webcaster4.com/Webcast/Page/2667/52261
Conference Call Replay Information
The replay will be available beginning approximately 1 hour after the completion of the live event.
Toll & Toll free: 919-882-2331 | 877-481-4010Passcode: 52261Web replay & Transcript: https://investors.accessnewswire.com/events-presentations
About ACCESS Newswire Inc.
We are ACCESS Newswire, a globally trusted Public Relations (PR) and Investor Relations (IR) solutions provider. With a focus on innovation, customer service, and value-driven offerings, ACCESS Newswire empowers brands to connect with their audiences where it matters most. From startups and scale-ups to multi-billion-dollar global brands, we ensure your most important moments make an impact and resonate with your audiences. To learn more visit www.accessnewswire.com.
Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the Company or its industry to be materially different from those expressed or implied by any forward-looking statements. In particular, statements about the Company's expectations, beliefs, plans, objectives, assumptions, future events or future performance contained in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "commit," "estimate," "predict," "potential," "outlook," "guidance," "target," "goal," "project," "continue to," "confident," or the negative of those terms or other comparable terminology. The forward-looking statements in this press release include, among other things, our confidence that our shift from pay-as-you-go to a subscription-based model is building the sustainable, predictable business we have been working toward and our belief that our various initiatives will further strengthen our performance and drive improved results in both the near and long-term.
Please see the Company's documents filed or to be filed with the Securities and Exchange Commission at www.sec.gov, including the Company's Annual Reports filed on Form 10-K, including the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Reports on Form 10-Q, and any amendments thereto for a discussion of certain important risk factors that relate to forward-looking statements contained in this report. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. These and other important factors may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For Further Information:
ACCESS Newswire Inc.Brian R. Balbirnie919-481-4000brianb@accessnewswire.com
Brett MaasHayden IR(646) 536-7331brett@haydenir.com
James CarbonaraHayden IR(646)-755-7412james@haydenir.com
SOURCE: ACCESS Newswire Inc.
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Gold Resource Corporation Reports Financial Results for the Second Quarter of 2025
Gold Resource Corporation Reports Financial Results for the Second Quarter of 2025

Business Wire

time7 minutes ago

  • Business Wire

Gold Resource Corporation Reports Financial Results for the Second Quarter of 2025

DENVER--(BUSINESS WIRE)-- Gold Resource Corporation (NYSE American: GORO) (the 'Company') is pleased to announce its second quarter operational results from its Don David Gold Mine ('DDGM') near Oaxaca, Mexico. 'While production remained lower than we would like in the second quarter of 2025, we are starting to see the hard work we have been performing start to pay off,' said Allen Palmiere, President and CEO. 'We have secured the additional funding we needed through ATM sales and a loan that we finalized at the end of the quarter. With this capital, we have been able to place orders for much needed equipment to begin to replace our existing aging fleet, and we have also ordered a third dry stack filter press to increase processing throughput and increase return. We have also engaged Cominvi Servicios, an experienced underground mining contractor, to accelerate the development of the Three Sisters vein systems. 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While underground exploration drilling remains suspended, new step-out targets have been identified at both Three Sisters and Arista for future drill testing. Exploration drilling is expected to resume following the completion of the necessary development and improvements in the Company's working capital position. Corporate and Financial: The Company has $10.4 million in working capital and $12.7 million in cash as of June 30, 2025. In the second quarter, the Company made some strategic changes in management and at the board level. On June 18, 2025, Peter Gianulis was appointed to the board as a director and as a member of the Audit Committee and the Compensation Committee. Additionally, Armando Alexandri, a mining engineer with more than 40 years of operational and executive experience in the industry, was added to the team as the new Chief Operating Officer. On June 26, 2025, the Company executed a loan agreement with Private Investors in the amount of $6.28 million, to be used for working capital. In connection with the loan agreement, the Company issued a common stock purchase warrant to an affiliate of the Private Investors for the purchase of up to 1,500,000 shares of the Company's common stock at an exercise price per share of $0.65. Net loss was $11.5 million or $0.09 per share for the quarter, which was mainly attributable to lower production and a decrease in net sales. Production was significantly impacted by two key constraints: the reduced availability of critical mining equipment due to an aging fleet and a shortage of alternative ore production headings to maintain output. Total cash cost after co-product credits for the quarter was $4,017 per AuEq ounce, and total all-in sustaining cost ('AISC') after co-product credits for the quarter was $5,458 per AuEq ounce. (See Item 2—Management's Discussion and Analysis of Financial Condition and Results of Operations—Non-GAAP Measures for a reconciliation of non-GAAP measures to applicable U.S. GAAP measures). Liquidity Update: Tonnes produced from the mining operations at DDGM in 2025 remained lower than in the previous year, and except for silver, grades were lower as well. There are several factors that caused these declines. The Company continues to encounter significant issues with equipment availability due to the age and condition of some of the critical mining equipment in use at the mine. Due to the challenges with equipment availability, the Company was not able to maintain its projected timeline for the development of future production zones. As a result, the Company is currently mining only one face at a time in areas that are accessible. The current lack of other available production zones has placed additional pressure on the Company's ability to achieve its production estimates, as any problems encountered at the current production zone cannot be offset by production elsewhere in the mine. In addition, the mill continued to experience mechanical issues that resulted in lower throughput, and when combined with the lower tonnes mined, resulted in a production shortfall. To minimize the mechanical issues and return the mine to a cash positive position, the Company engaged a third-party contract miner during the second quarter and started to upgrade its mining fleet. The Company believes that the mine has potential to generate positive cash flow based on the information to date from the new areas of the Three Sisters, as well as other areas that have been discovered near the existing mining zones. In order to develop access and better define these new areas, an investment must be made in the equipment and mine plan. Without the addition of these areas to the life-of-mine plan, the Company does not believe that the mine will generate sufficient free cash flow in the near term. The Company's inability to achieve its production estimates and continued operating losses have created substantial doubt about its ability to continue as a going concern. The Company previously announced that it would require approximately $7.0 million to obtain additional mining equipment and for mill upgrades. Management is currently looking to reduce the amount necessary for mining equipment purchases by purchasing used equipment in good condition and using a third-party contractor that will provide its own equipment. In addition to the above-mentioned equipment and mill upgrades, the Company also expects to require approximately $8.0 million in working capital over the next 12 months in order to fund the initial development to access the Three Sisters and Splay 31 systems, although not all of this capital will be required immediately. The Company raised $2.5 million through a registered direct offering in January 2025. Further, in February 2025, the Company sold its interest in Green Light Metals for $0.9 million. In the second quarter of 2025, the Company raised approximately $5.6 million through its At-The-Market Offering ('ATM') Program, after deducting the agent's commissions and other expenses. Year-to-date 2025, the Company has raised approximately $8.6 million, after deducting the agent's commissions and other expenses, through its ATM Program and intends to utilize it further to raise capital, as required, throughout the year. On May 7, 2025, the Company received the previously disclosed tax refund of 76 million pesos from the overpayment of Mexico taxes by DDGM in 2023, plus an inflation adjustment, for a total of 79.6 million pesos (approximately $4.0 million). Additionally, on June 26, 2025, the Company executed a loan agreement with Private Investors in the amount of $6.28 million, to be used for working capital. In connection with the loan agreement, the Company issued a common stock purchase warrant to an affiliate of the Private Investors for the purchase of up to 1,500,000 shares of the Company's common stock at an exercise price per share of $0.65, the aggregate exercise proceeds of which may provide additional funds for the Company. For the six months ended June 30, 2025, the Company has raised $21.3 million through the ATM, direct offering, the tax refund, and the loan. 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Trending Highlights 2024 2025 2025 Q1 Q2 Q3 Q4 Q1 Q2 Operating Data Total tonnes milled 98,889 93,687 83,690 80,367 56,906 63,479 Average Grade Gold (g/t) 1.89 1.27 0.54 0.64 0.70 0.56 Silver (g/t) 88 102 83 94 169 115 Copper (%) 0.37 0.26 0.19 0.20 0.18 0.13 Lead (%) 1.25 1.00 1.01 1.12 0.72 0.88 Zinc (%) 2.82 2.59 2.63 2.73 1.68 2.72 Metal production (before payable metal deductions) Gold (ozs.) 4,757 2,947 944 1,258 903 758 Silver (ozs.) 251,707 263,023 194,525 210,581 257,285 196,435 Copper (tonnes) 280 181 93 88 54 50 Lead (tonnes) 812 616 576 678 272 373 Zinc (tonnes) 2,310 2,020 1,741 1,734 699 1,380 Metal produced and sold Gold (ozs.) 3,557 2,724 1,357 960 859 878 Silver (ozs.) 216,535 234,560 181,434 184,804 230,320 150,365 Copper (tonnes) 264 197 98 82 50 43 Lead (tonnes) 667 491 467 548 277 272 Zinc (tonnes) 1,682 1,771 1,473 1,360 617 1,060 Average metal prices realized Gold ($ per oz.) $ 2,094 $ 2,465 $ 2,561 $ 2,706 $ 2,956 $ 3,350 Silver ($ per oz.) $ 23.29 $ 30.49 $ 30.61 $ 31.11 $ 32.54 $ 34.35 Copper ($ per tonne) $ 8,546 $ 10,428 $ 8,832 $ 8,969 $ 9,656 $ 9,619 Lead ($ per tonne) $ 1,977 $ 2,235 $ 2,065 $ 1,897 $ 1,950 $ 1,887 Zinc ($ per tonne) $ 2,483 $ 2,871 $ 2,854 $ 3,062 $ 2,710 $ 2,607 Gold equivalent ounces sold Gold Ounces 3,557 2,724 1,357 960 859 878 Gold Equivalent Ounces from Silver 2,408 2,901 2,169 2,125 2,535 1,542 Total AuEq oz 5,965 5,625 3,526 3,085 3,394 2,420 Expand Second Quarter 2025 Conference Call The Company will host a conference call on Wednesday, August 6, 2025, at 12:00 p.m. Eastern Time. 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Volatus Aerospace Inc. Announces 'Bought Deal' Private Placement
Volatus Aerospace Inc. Announces 'Bought Deal' Private Placement

Yahoo

time15 minutes ago

  • Yahoo

Volatus Aerospace Inc. Announces 'Bought Deal' Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) ('Volatus' or the 'Company') is pleased to announce it has entered into an agreement with Ventum Financial Corp. (the "Underwriter") in connection with a bought deal private placement of 8,076,924 units of the Company (the 'Offered Securities') at a price of $0.52 per Offered Security (the 'Issue Price') for gross proceeds of $4,200,000 (the 'Offering'). Each Offered Security will consist of one common share of the Company and one-half of one common share purchase warrant of the Company (each whole warrant, a 'Warrant'), with each whole Warrant entitling the holder thereof to acquire one common share of the Company at an exercise price of $0.76 and for a period of 36 months following the Closing Date (as defined below). 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KBRA Assigns Preliminary Ratings to Aqua Finance Issuer Trust 2025-B
KBRA Assigns Preliminary Ratings to Aqua Finance Issuer Trust 2025-B

Business Wire

timean hour ago

  • Business Wire

KBRA Assigns Preliminary Ratings to Aqua Finance Issuer Trust 2025-B

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