Corus Entertainment reports $7.3M Q3 loss, revenue down 10 per cent from year ago
The radio and television broadcaster says the loss amounted to four cents per diluted share for the quarter ended May 31.
The result compared with a loss of $769.9 million or $3.86 per diluted share in the same quarter last year when Corus took a $960-million non-cash charge.
Revenue for what was the company's third quarter totalled $297.8 million, down from $331.8 million a year ago.
Television revenue amounted to $274.5 million, down from $308.2 million, while radio revenue was $23.3 million, down from $23.6 million.
On an adjusted basis, Corus says it earned six cents per share in its latest quarter compared with an adjusted loss of 10 cents per share a year ago.
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This report by The Canadian Press was first published June 26, 2025.
Companies in this story: (TSX:CJR.B)
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Toronto Star
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- Toronto Star
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The resource was outlined in the mineral resource estimate disclosed in the Company's January 26, 2023 news release, and is detailed in the technical report titled ' NI 43-101 Technical Report Updated Mineral Resource Estimate Logan Property ', dated March 7, 2023. The report was prepared by Michael Dufresne, (AB, BC), Kristopher J. Raffle, (BC), and Alfonso Rodriguez, (BC), serving as President and Principal Consultant, Principal Geologist, and Senior Geologist, respectively, with APEX Geoscience Ltd. of Edmonton, Alberta. All authors are independent Qualified Persons as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. ARTICLE CONTINUES BELOW Drill results suggest excellent continuity of mineralization over a significant strike length and to depth, with substantial room for resource expansion both laterally and below the current pit shell. In addition, re-analysis of historical drill core has identified potential economically significant values of indium - a critical metal integral to solar panels, advanced electronics, and next-generation vehicles - averaging 35 ppm and up to 273 ppm. The deposit is hosted in a tabular zone of fracture and vein-hosted mineralization within a granitic intrusion. It spans more than 1,100 metres along strike and up to 150 metres wide, with mineralization starting at surface and extending to at least 275 metres in depth. The terrain is relatively flat with minimal overburden, enhancing its potential for cost-effective extraction. Morgan Poliquin, CEO of Almadex stated: 'Logan represents a meaningful resource of critical minerals in a mining-friendly jurisdiction. Currently Almadex is focussed on a large regional exploration program targeting porphyry lithocap alteration systems for hidden porphyry and epithermal mineralisation in the western United States, but the Logan Zinc-Silver deposit is an important asset to the Company. With its size, grade, and infrastructure access, Logan is an excellent foundation for advancing discussions and potential technical work as we continue to assess our portfolio of assets. As our exploration primary focus is in the USA at this time, we will seek a suitable and qualified partner to advance this exciting project which could fill a role in supporting the global need for critical minerals.' Tim Property NSR – Coeur Partnership Advances an Emerging CRD District Almadex holds a 2% NSR royalty on the Tim Property, located 72 km west of Watson Lake, Yukon and 19 km northeast of Coeur Mining's Silvertip Mine. The property is owned by Silver North Resources Ltd. ('Silver North') and is currently being advanced under an option agreement by Coeur Mining, Inc. ('Coeur'), which can earn up to an 80% interest through staged exploration expenditures and a positive feasibility study. As reported by Silver North, Coeur has invested approximately $1.6 million to date, completing geophysical surveys, property-wide geochemical sampling, trench re-examination, and, most notably, a six-hole, 2,250 metre drill program in 2024. Silver North has reported that recent geological observations by Coeur indicate that Tim may host a productive Carbonate Replacement Deposit (CRD) system similar to Silvertip. These observations include key features such as fugitive calcite veining with characteristic fluorescence, argentiferous manganese oxides, and re-crystallization of host limestones - all hallmarks of a high-quality CRD system. Silver North disclosed in its December 21, 2023 news release the results of Coeur's resampling of historic trenches. Chip sampling from a pair of trenches 150 metres apart yielded results of 4.0 m averaging 468.1 g/t Ag, 21.1% Pb, 0.3% Zn and an 8.8 m averaging 265.0 g/t Ag, 6.7% Pb, 0.9% Zn. In Silver North's May 26, 2025 news release, results were provided from the 2024 drill program conducted by Coeur which successfully confirmed the presence of a Carbonate Replacement Deposit (CRD) style system at Tim. The best drill intercept from the 2024 program returned 3.39 m of 52.8 g/t silver, 0.28 g/t gold, 0.11 % lead and 0.27 % zinc. Silver North also reported that a detailed planning of the 2025 follow up program is underway. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Mr. Poliquin stated: 'Our 2% NSR on the Tim property is an important royalty in an area that Coeur is actively developing into an emerging silver-rich CRD district anchored by Silvertip. 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Qualified Person Except where otherwise stated, Morgan J Poliquin, PhD, PEng, the President and CEO of Almadex and a Qualified Person as defined by National Instrument 43-101 ('NI 43-101'), has reviewed and approved the scientific and technical contents of this news release. Technical and Third-Party Information Except where otherwise stated, the disclosure in this press release relating to the Tim project is based on information publicly disclosed by the owners or operators of this property and information/data available in the public domain as at the date hereof and none of this information has been independently verified by Almadex. Specifically, as a royalty holder, Almadex has limited, if any, access to the Tim project. Although Almadex does not have any knowledge that such information may not be accurate, there can be no assurance that such third-party information is complete or accurate. 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'Inferred mineral resources' have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Historical results or feasibility models presented herein are not guarantees or expectations of future performance About Almadex Almadex Minerals Ltd. is an exploration company that holds a large mineral portfolio consisting of projects and NSR royalties in Canada, the U.S., and Mexico. This portfolio is the direct result of many years of prospecting and deal-making by Almadex's management team. The Company has several portable diamond drill rigs, enabling it to conduct cost effective first pass exploration drilling in-house. The Almadex team have significant porphyry lithocap exploration experience and have made three discoveries of mineral deposits under advanced argillic alteration. Our success comes from our audacity, in house exploration capacity and most importantly our ability to drill with our company owned drilling unit. We have assembled a portfolio of lithocap targets that have the potential to be concealing large porphyry systems at depth in the best jurisdiction we know: the United States of America. We have the cash and drills to advance and test these targets and will continue doing so in 2025. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW For more information, please visit: On behalf of the Board of Directors, 'Morgan J. Poliquin' Morgan J. Poliquin, President and CEO Almadex Minerals Ltd. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes forward-looking statements that are subject to risks and uncertainties. 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CANACCORD GENUITY GROUP INC. ACCESS TO FIRST QUARTER FISCAL 2026 FINANCIAL RESULTS INFORMATION
TORONTO, July 25, 2025 /CNW/ - Canaccord Genuity Group Inc. (TSX: CF) is scheduled to release its first quarter fiscal 2026 financial results and supplementary financial information after Canadian markets close on Wednesday, August 6, 2025. Interested investors and other stakeholders can access the earnings release and supplementary financial information at QUARTERLY CONFERENCE CALL AND WEBCAST: Interested parties are invited to listen to Canaccord Genuity's first quarter fiscal 2026 results conference call via live webcast or a toll-free number. The conference call is scheduled for Thursday, August 7, 2025, at 8:00 a.m. Eastern time, 1:00 p.m. UK, and 10:00 p.m. Australia AEST. The conference call may be accessed live and will also be archived on a listen-only basis at: Analysts and institutional investors can call in via telephone at: 1-416-945-7677 (within Toronto) 1-888-699-1199 (toll free in North America) 448-002-797-040 (toll free from the United Kingdom) 612-801-71385 (within Australia) Please ask to participate in the Canaccord Genuity Group Inc. Q1/26 results call. If a conference call ID is requested, please use 49869. A replay of the conference call will be made available from approximately two hours after the live call on August 7, 2025, until September 7, 2025, at 1-289-819-1450 or 1-888-660-6345 by entering passcode 49869 followed by the (#) key. ABOUT CANACCORD GENUITY GROUP INC.: Through its principal subsidiaries, Canaccord Genuity Group Inc. (the "Company") is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and capital markets. Since its establishment in 1950, the Company has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. The Company has wealth management offices located in Canada, the UK, Guernsey, Jersey, the Isle of Man. and Australia. The Company's international capital markets division operates in North America, UK & Europe, Asia, and Australia. Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX. SOURCE Canaccord Genuity Group Inc.
