INTOUCH INSIGHT CLOSES CLEARPOINT SOLUTIONS US ACQUISITION
The purchase price for the Acquisition is approximately US$250,000 in cash of which, US$250,000 is payable at closing along with a profit-sharing agreement payable over the next four years based on the gross profits of the merchandising business. Intouch is financing the Acquisition from its existing cash. No finder's fees are payable by Intouch. On July 3, Sam Hersey, the former CEO of ClearPoint Solutions US, LLC joined Intouch to focus on revenue growth.
About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America's most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.
Certain statements included in this news release contain forward looking statements that are made of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events, including the proposed acquisition, future revenues and references to the Company's expansion and growth of the business and operations, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company's most recent annual MD&A and the Company's continuous disclosure documents that can be found on SEDAR at www.sedar.com. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Neither 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.
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Cision Canada
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- Cision Canada
PETRO-VICTORY ENERGY CORP. AND AZEVEDO & TRAVASSOS ENERGIA S.A. SIGN BINDING MEMORANDUM OF UNDERSTANDING
DALLAS, July 4, 2025 /CNW/ - Petro-Victory Energy Corp. (TSXV: VRY) (" Petro-Victory" or the " Company") and Azevedo & Travassos Energia S.A. (" ATE") are pleased to announce the signing of a binding memorandum of understanding on July 2, 2025 (" MOU") pursuant to which Petro-Victory and ATE intend to complete an arm's length business combination by the acquisition by ATE of all of the issued and outstanding common shares of the Company (the " Transaction"). The Transaction is intended to combine the businesses and assets of ATE and the Company and result in the Company becoming a wholly owned subsidiary of ATE. Under the Transaction, the current shareholders of the Company will become shareholders of ATE. The combination of the Company and ATE is expected to increase shareholder value through the development of ATE's growth strategy with the supplementation of the Company's diversified portfolio of production and exploration assets. Transaction Summary Pursuant to the Transaction, ATE will complete a capital increase by way of a private placement of 205,479,453 Units of ATE (" Units") at an issue price of R$0.73 (CAD$0.18) per Unit, for aggregate gross proceeds of R$150,000,000.69 (or US$27,683,955.13 and CAD$37,533,870.17 based on today's conversion rate) (" Capital Increase"). Following the completion of the Capital Increase and all other conditions precedent, certain shareholders of the Company will convert certain claims held by them against the Company and its affiliates into new common shares in the capital of the Company (" PV Shares"). Thereafter, ATE will purchase 100% of the issued and outstanding PV Shares and will issue, in favor of the Company's shareholders, 266,000,000 ATE Shares, all of which are registered and without par value based on a price per ATE Share equal to R$0.73 (CAD$0.18) (" Share Consideration"). The Share Consideration shall be provided proportionately to the holders of PV Shares in their respective interests. As part of the Transaction, the Company's shareholders of record at closing will be entitled to a gross overriding royalty (" GORR") in the percentage of ten percent (10%) on the gross revenue from all new production arising from fields that already exist in the concessions owned by the Company prior to the MOU or that will be created after the date of the MOU in the concessions owned by the Company (" PV Fields"), except with respect to the production of the reservoirs of the São João Field that are the subject of the partnership between PVE and Eneva S.A. (" Eneva"). The GORR will apply, for each PV Field, for a period of fifteen (15) years from the start of its commercial production or, for existing fields that are already in production, from the Closing Date. The Company's shareholders of record at closing will also be entitled to receive certain contingent payments in connection with certain existing partnerships between the Company and its affiliates with third parties. In addition, ATE will assume all outstanding debt of the Company with the estimated enterprise value of the Transaction being approximately USD$39.5 million (CAD$53.6 million) including net debt and before considering any valuation for contingent payments (" Transaction Value"). The Transaction, Transaction Value and price of the Share Consideration will be subject the polices, rules and approvals of the TSX Venture Exchange (" TSXV") or such other recognized stock exchange upon which the Share Consideration is listed for trading. The Share Consideration represents a premium of approximately CAD$2.15 to the Company's shareholders based on the closing price of the Company as of the market close on July 2, 2025 and based on the target price of R$0.73 (CAD$0.18) per share for the Share Consideration. The Transaction is subject to a number of conditions precedent including the completion of the Capital Increase on or before July 12, 2025, subject to a thirty (30) day extension in the sole discretion of ATE. Additionally, the Transaction is subject to a number of terms and conditions following the completion of the Capital Increase within one hundred and twenty (120) days of such completion, including, but not limited to, the parties entering into a definitive agreement (the " Definitive Agreement") with respect to the Transaction (such agreement to include representations, warranties, conditions and covenants typical for a transaction of this nature), the obtaining by both the Company and ATE of all corporate and governmental approvals applicable to their respective jurisdictions, the obtaining by both the Company and ATE of any consents from third parties of financial institutions, as applicable, and the completion of an audit by both the Company and ATE of any and all information relevant to the performance of financial, legal, operational, environmental, accounting and regulatory audits. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all. Trading in the securities of the Company and ATE should be considered highly speculative. There will be no finder's fees associated with the Transaction. As of the date of this news release, the conversion rate between the Brazilian Real and the Canadian Dollar is 1:0.25 and the conversion rate between the Canadian Dollar and the US Dollar is 1:0.74. As such, the conversion rate between the Brazilian Real and the US Dollar is 1:0.18. Due Diligence In order to advance the Transaction to the point where a Definitive Agreement can be negotiated, each of the parties will conduct customary due diligence on the other party and following completion of satisfactory due diligence reviews, the parties expect to negotiate and execute a Definitive Agreement on or before the date that is one hundred and twenty (120) days from the date of the completion of the Capital Increase. Shareholder and TSXV Approval The Transaction, if completed as contemplated, will be a Reviewable Disposition, as defined in TSXV Policy 5.3, by the Company, and as such will be subject to the requirements of TSXV Policy 5.3. If the Transaction is completed, the Company will be making an application to voluntarily delist from the TSXV under TSXV Policy 2.9, as the acquisition by ATE of all of the issued and outstanding shares of the Company will cause the Company to no longer meet the listing requirements of the TSXV. The completion of the Transaction and the subsequent delisting is subject to the approval of both the shareholders of the Company and the TSXV, in accordance with TSXV requirements. The Company will seek the approvals of the TSXV and the Company's shareholders once the Capital Increase is complete and the Company and ATE enter into a Definitive Agreement. About Petro-Victory Energy Corp. Petro-Victory Energy Corp. is an oil and gas company engaged in the acquisition, development, and production of crude oil and natural gas in Brazil. The total portfolio under management as of the date of this filing includes 49 concession contracts with 276,755 acres, net to Petro-Victory plus an additional 6 concessions and 19,074 acres owned jointly with BlueOak in Capixaba Energia. Through disciplined investments in high-impact, low-risk assets, Petro-Victory is focused on delivering sustainable shareholder value. The Company's common shares trade on the TSX Venture Exchange under the ticker symbol VRY. About Azevedo & Travassos Energia S.A. Azevedo & Travassos Energia S.A. ("ATE") is a publicly traded Brazilian energy company (B3: focused on the acquisition, development, and production of onshore oil and gas assets in Brazil. Headquartered in São Paulo and founded in 2023, ATE holds concession contracts and strategic partnerships in the Potiguar Basin, with operations concentrated around Mossoró/RN. Through its wholly owned subsidiaries, Azevedo & Travassos Petróleo (ATP) and Phoenix Óleo e Gás, ATE is committed to sustainable growth and long-term value creation in the Brazilian energy sector. 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. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS The information in this news release has been prepared as at July 2, 2025. Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws and the applicable securities laws of the United States of America. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company and ATE as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements in this press release relate to, among other things: anticipated benefits of the Transaction to the Company and ATE and their respective shareholders; the timing and receipt of required shareholder, stock exchange and regulatory approvals for the Transaction; the consideration to be paid to the Company's shareholders; the ability of the Company and ATE to satisfy the conditions to, including the completion of the Capital Increase, and to negotiate and execute a Definitive Agreement and to complete, the Transaction; the anticipated timing for executing a Definitive Agreement; the timing for closing of the Transaction; and liquidity and access to capital markets of ATE. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: satisfaction or waiver of all applicable conditions to closing of the Transaction including, without limitation, receipt of all necessary securityholder, stock exchange and regulatory approvals or consents, lack of material changes with respect to the parties and their respective businesses; the synergies expected from the Transaction not being realized; business integration risks; fluctuations in general macro-economic conditions; the loss of key directors, employees, advisors or contractors; fluctuations in securities markets and the market price of the Company's and ATE's shares; fluctuations in the currency markets (such as the Canadian dollar versus the reais); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments; the impact of COVID-19 or other viruses and diseases on the ability to operate; risks and hazards associated with the business; litigation; competition; the failure to meet the closing conditions thereunder and the failure by counterparties to such agreements to comply with their obligations thereunder. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, the Company and ATE expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's and ATE's expectations or any change in events, conditions or circumstances on which any such statement is based. Other risks are more fully described in the Company's most recent Management Discussion and Analysis and Annual Information Form, which are incorporated herein by reference and are filed on SEDAR+ at There can be no assurance that the Transaction will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular to be prepared in connection with a meeting of shareholders to consider the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. The TSXV has not in any way passed upon the merits of the Transaction, and has neither approved nor disapproved the contents of this news release. SOURCE Petro-Victory Energy Corp.
The Market Online
an hour ago
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Almonty fires up the turbo: Reaching new heights with tungsten and foresight
(Source: Pixabay ) Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. Almonty Industries (TSX:AII) is set to become a key player in strategic raw material security in 2025, and with good reason. Despite a fourfold increase in its share price and a market value of over CAD 1.2 billion, the story is far from over. Of particular concern are the intensifying international tensions between the power blocs of the US, Europe, and China, which show no signs of easing. At recent summit meetings, it became clear that neither side is willing to make concessions, even on minor issues. Tariffs, inflation, high debt, and a dire supply situation on the commodity markets are further exacerbating the political rifts between East and West. At the center of this storm are commodity producers and industrial buyers who depend on stable supply chains. Here is an update on our top pick: Almonty Industries. From niche player to key player: Almonty's global mission Almonty Industries (TSX:AII is one of the most dynamic rising stars of the year and is on the verge of a possible paradigm shift. What is currently unfolding in South Korea with the reopening of the Sangdong mine is nothing less than the establishment of the largest tungsten producer outside China at a time when geopolitical tensions are dramatically tightening the market for critical metals. Western governments are responding with strategic stockpiling policies and are increasingly turning to suppliers such as Almonty. The demand for non-Chinese supply chains is meeting a highly developed, almost operational project with enormous leverage. The fact that US defense companies are already securing long-term purchase agreements is an expression of deep confidence in the business model and an anticipation of future earnings jumps. Almonty is thus much more than a pure mining operator; the Company is poised to become a key geopolitical player in the supply of critical raw materials. The market is beginning to recognize the potential, but there is still a huge gap in terms of value compared to other listed critical raw material companies. Yesterday, the Company announced a technical change to its share structure: This involves a reverse split at a ratio of 1.5 to 1. The reason: To meet Nasdaq listing requirements, which mandate minimum share prices, typically above USD 3. Although Almonty's share price has already exceeded this threshold, the consolidation gives the Company additional security for the upcoming listing. Important for investors: The Consolidation of the share will take place on Monday. Anyone wishing to make value comparisons should therefore note the position value after the close of trading on Friday. Short sellers are unlikely to be happy at this point, as custodian banks tend to close positions before such dates. If settlement processes such as the conversion of securities accounts are delayed, some short sellers could find themselves under pressure in the short term. But what makes shorties sweat could mean special returns for long-term investors! It is like the equivalent of a seal of nobility The preparations for entry into the prestigious US market underscore the Company's intention to focus more on international investors in the future. A listing on the Nasdaq not only opens up access to well-capitalized funds and institutional investors, but also increases the chances of further index inclusions and greater visibility on the global market. For companies like Almonty, this is equivalent to a seal of quality, because only those who meet strict transparency, financial, and governance requirements make it to the world's most recognized stock exchange. In the long term, this could result in significant advantages in terms of capital raising and company valuation. **In the short term, it will lead to a notable increase in liquidity. Exciting times ahead! Stockhouse visits the Panasqueira mine in Portugal Recently, a visit was made to the Panasqueira site in Portugal. The mine, which is wholly owned by the Company, is located near Covilhã in the Castelo Branco region and is one of the world's oldest continuously operated tungsten mines. Since it began operations in 1896, it has developed into one of the most reliable sources of high-purity tungsten concentrate. Today, the mine processes around 700,000 to 800,000 tons of ore annually, producing approximately 100 to 120 tons of concentrate per month. The current focus is on developing a new mining level (Level 4), which is expected to increase production volumes and improve operational efficiency. Click here for an interesting video report: The share price continues to perform dynamically. Procyclical support from rising trading volumes and upward momentum. The journey is likely to continue! Source: LSEG as of July 3, 2025 The Almonty story is nothing short of impressive. There are likely only a few stocks worldwide whose business model aligns so perfectly with the current geopolitical landscape. Scarcity, global tensions, and fears of a new supply chain collapse: a volatile mix with plenty of fuel! Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. This article is presented in partnership with Apaton Finance GmbH. It is a sponsored communication intended to inform investors and should not be taken as a recommendation or financial advice.
The Market Online
an hour ago
- The Market Online
Aisix identifies top 10 Canadian oil and gas sites under wildfire risk
Aisix Solutions (TSXV:AISX) released a topical analysis identifying the top 10 oil and gas fields most at risk of wildfires Aisix also reports that several oil and gas fields are currently affected or threatened by active wildfires Aisix's wildfire intelligence platform is increasingly being adopted by governments, insurers, and energy companies seeking to mitigate climate-related risks Aisix stock (TSXV:AISX) last traded at $0.03 This content has been prepared in collaboration with Aisix Solutions Inc . , a third-party issuer, and is intended for informational purposes only. Aisix Solutions (TSXV:AISX), a provider of wildfire data and analytics, has released a topical analysis identifying the top 10 oil and gas fields most at risk of wildfires based on historical conditions, as well as those projected to face the steepest increase in wildfire probability by 2050 under the SSP5 climate change scenario. The analysis, powered by Aisix's unique wildfire modeling platform, integrates machine learning, physics-based simulations, and climate projections to assess long-term burn probabilities. The company's proprietary wildfire dataset leverages Cell2Fire2, an evolution of the BurnP3+ model, to simulate wildfire behavior across Canada at a national scale. 'By pinpointing historical, current and future high-risk areas, our goal is to help stakeholders take essential measures to reduce the risk of production disruption,' Aisix's CEO, Mihalis Belantis, said in a news release. Top 10 oil and gas fields at risk (historical conditions) (Top 10 oil and gas fields with respect of historical burn probability. Source: Aisix Solutions Inc.) Cameron Hills Thetlaandoa Firebag Long Lake Rainbow South Cranberry Christina Lake* Helmet Jackfish* Judy Creek (*Currently impacted by active wildfires) These rankings are based on aggregated 30-year burn probabilities within a 25 km radius of each field, highlighting persistent wildfire hotspots under historical climate conditions. Top 10 fields with highest increase in wildfire probability by 2050 (SSP5 scenario) (Top 10 oil and gas fields with highest increase in wildfire probability given the fifth Share Socioeconomic Pathway (SSP5) climate change scenario by 2050. Source: Aisix Solutions Inc.) Bighorn Lovett River Ferrybank Acheson Medicine Lodge Sundance Kaybob South Fox Creek Bellshill Lake Christina Lake The SSP5 scenario, characterized by rapid economic growth and fossil fuel-intensive development, projects a significant rise in wildfire risk across key energy-producing regions. Current wildfire impact Aisix also reports that several oil and gas fields are currently affected or threatened by active wildfires, including Jackfish, Christina Lake, Foster Creek, Rainbow, Kelly, Cutbank, Bubbles North, Horn River, and Petitot River. Aisix's wildfire intelligence platform is increasingly being adopted by governments, insurers, and energy companies seeking to mitigate climate-related risks. About Aisix Solutions Aisix Solutions Inc. helps people, businesses and governments around the world analyze, manage and mitigate climate-related risks. Aisix stock (TSXV:AISX) last traded at $0.03. Join the discussion: Find out what everybody's saying about this AI stock on the Aisix Solutions Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.
