Latest news with #Tortola
Globe and Mail
30-06-2025
- Business
- Globe and Mail
Goldmoney Inc. Reports Fiscal Year 2025 Annual Results and Publishes Annual Letter to Shareholders
Tortola, British Virgin Islands--(Newsfile Corp. - June 30, 2025) - Goldmoney Inc. (TSX: XAU) (US: XAUMF) ("Goldmoney" or the "Company"), today announced financial results for the fiscal year ended March 31, 2025. All amounts are expressed in Canadian dollars unless otherwise noted. Financial Highlights Group Tangible Capital of $150 million, an increase of 19% YoY. Group Tangible Capital per Share of $11.61, an increase of 21% YoY. Group Tangible Capital per Share excluding MENE of $10.63, an increase of 32% YoY. Non-IFRS Adjusted Net Income of $22.6 million, an increase of 35% YoY. Repurchased and cancelled total of 569,800 shares at an average purchase price of $8.41 in fiscal year 2025. In total, shares outstanding were reduced by 1.6% YoY. Annual Performance Metrics Table ($000s, except earnings per share) 2025 2024 2023 2022 2021 Key Performance Metrics (Balance Sheet) Shares outstanding 12,925 13,137 13,996 15,126 15,118 Tangible equity exclusive of MENE 137,337 105,457 107,599 100,032 90,830 Tangible equity per share exclusive of MENE 10.63 8.03 7.69 6.61 6.01 Total assets 341,916 244,092 228,222 233,814 190,218 Total liabilities 178,939 102,914 56,099 58,878 82,047 Key Performance Metrics (Operational) Total operating income 34,370 24,409 21,508 13,179 16,094 Net income (loss) 14,570 (22,087) 5,345 (7,228) 9,815 Non-IFRS adjusted net income (loss) 22,559 16,749 14,552 7,242 14,081 Annual Shareholder Letter Read the full Goldmoney Inc. Fiscal Year 2025 Shareholder Letter here. About Goldmoney Inc. Goldmoney Inc. (TSX: XAU) specializes in the investment and custody of enduring real assets. Through its subsidiaries, the Company offers precious metals trading services to clients, including secure custody and storage solutions. Goldmoney also maintains diversified interests in property investment and jewelry manufacturing. For more information about Goldmoney, visit Financial Information and IFRS Standards The selected financial information included in this release is qualified in its entirety by, and should be read together with, the Company's consolidated financial statements for the fiscal year ended March 31, 2025 and prepared in accordance with IFRS Accounting Standards ("IFRS") and the corresponding management's discussion and analysis ("MD&A"), which are available under the Company's profile on SEDAR at Non-IFRS Measures This news release contains non-IFRS financial measures; the Company believes that these measures provide investors with useful supplemental information about the financial performance of its business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating its business. Although management believes these financial measures are important in evaluating the Company's performance, they are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with IFRS. These non-IFRS financial measures do not have any standardized meaning and may not be comparable with similar measures used by other companies. For certain non-IFRS financial measures, there are no directly comparable amounts under IFRS. These non-IFRS financial measures should not be viewed as alternatives to measures of financial performance determined in accordance with IFRS. Moreover, presentation of certain of these measures is provided for year-over-year comparison purposes, and investors should be cautioned that the effect of the adjustments thereto provided herein have an actual effect on the Company's operating results. Tangible Capital is a non-IFRS measure. This figure excludes from total shareholder equity (i) intangibles, and (ii) goodwill, and is useful to demonstrate the tangible capital employed by the business. Non-IFRS Adjusted Net Income is a non-IFRS measure, defined as total comprehensive income (loss) adjusted for non-cash and non-core items which include, but is not limited to, revaluation of precious metal inventories, fair value movements, stock-based compensation, depreciation and amortization, foreign exchange fluctuations and gains and losses on investments. For a full reconciliation of non-IFRS financial measures used herein to their nearest IFRS equivalents, please see the section entitled "Reconciliation of Non-IFRS Financial Measures" in the Company's MD&A for the year ended March 31, 2025. Media and Investor Relations inquiries: Sean Ty Chief Financial Officer Goldmoney Inc. +1 647 250 7098 Forward-Looking Statements This news release contains or refers to certain forward-looking information. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "may", "potential" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. All information other than information regarding historical fact, which addresses activities, events or developments that the Goldmoney Inc. believes, expects or anticipates will or may occur in the future, is forward-looking information. Forward-looking information does not constitute historical fact but reflects the current expectations the Company regarding future results or events based on information that is currently available. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking information will not occur. Such forward-looking information in this release speak only as of the date hereof. Forward-looking information in this release includes, but is not limited to, statements with respect to: financial performance and growth of the Company's business; expected results of operations, the market for the Company's products and services and competitive conditions; and the establishment of a real estate investment strategy. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the 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 information. Such factors include, among others: the Company's operating history; history of operating losses; future capital needs and uncertainty of additional financing; fluctuations in the market price of the Company's common shares; the effect of government regulation and compliance on the Company and the industry; legal and regulatory change and uncertainty; jurisdictional factors associated with international operations; foreign restrictions on the Company's operations; product development and rapid technological change; dependence on technical infrastructure; protection of intellectual property; use and storage of personal information and compliance with privacy laws; network security risks; risk of system failure or inadequacy; the Company's ability to manage rapid growth; competition; the ability to identify opportunities for growth internally and through acquisitions and strategic relationships on terms which are economic or at all; the ability to identify and complete the acquisition of suitable real estate investment opportunities on terms which are economic or at all; effectiveness of the Company's risk management and internal controls; use of the Company's services for improper or illegal purposes; uninsured and underinsured losses; theft & risk of physical harm to personnel; precious metal trading risks; and volatility of precious metals prices & public interest in precious metals investment; and those risks set out in the Company's most recently filed annual information form, available on SEDAR+. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by law.
Yahoo
17-06-2025
- Business
- Yahoo
Orca Announces Results of the Annual Meeting of Shareholders
TORTOLA, British Virgin Islands, June 17, 2025 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ('Orca' or the 'Company') (TSX-V: ORC.A, ORC.B) is pleased to announce the voting results from its annual meeting of shareholders held on June 17, 2025 (the "Meeting"). The results for each of the resolutions set forth in the Company's management proxy circular dated June 17, 2025 are set forth below: 1. Fixing the Number of Directors By ordinary resolution passed via ballot, the number of directors to be elected at the Meeting was fixed at five members. The results of the ballot were as follows: Percentage of Votes Cast at the Meeting (%) Class For Against A 100% 0% B 99.64% 0.36% 2. Election of Directors By ordinary resolution passed via ballot, all of the nominees proposed as directors were duly elected as directors of Orca to serve until the next annual meeting or until their successors are duly appointed or elected. The results of the ballot were as follows: Percentage of Votes Cast at the Meeting (%) Name of Nominee Class For Withheld David Ross AB 100%99.51% 0%0.49% Jay Lyons AB 100%99.13% 0%0.87% Linda Beal AB 100%99.36% 0%0.64% Dr. Frannie Léautier AB 100%99.36% 0%0.64% Lisa Mitchell AB 100%99.13% 0%0.87% 3. Appointment of Auditors By ordinary resolution passed via ballot, KPMG LLP, Chartered Professional Accountants, were appointed as auditors of the Company until the next annual meeting or until their successors are duly appointed and the directors were authorized to fix their remuneration. The results of the ballot were as follows: Percentage of Votes Cast at the Meeting (%) Class For Withheld A 100% 0% B 99.93% 0.07% About Orca Energy Group Inc. Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. Orca trades on the TSX Venture Exchange under the trading symbols ORC.A and ORC.B. 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. CONTACT: For further information please contact: Jay Lyons ir@ +44 (0)20 8434 2754 Lisa Mitchell ir@ +44 (0)20 8434 2754 For media enquiries: Celicourt (PR) Mark Antelme Jimmy Lea Orca@ +44 (0)20 8434 2754
Associated Press
02-06-2025
- Business
- Associated Press
Markets4you Celebrates 18 Years with Global Recognition, New Features, and Expanded Trading Options
TORTOLA, British Virgin Islands, June 2, 2025 /PRNewswire/ -- Internationally recognized trading platform Markets4you (previously Forex4you) is proud to mark a major milestone in 2025 with a series of key announcements: a global award honoring its platform excellence, the launch of an exclusive anniversary promotion, the expansion of its stock portfolio with more than 20 new listings, and the rollout of its newly launched PAMM Partner Program. Markets4you Recognized as Best Online Trading Platform Global for 2025 Markets4you has been named Best Online Trading Platform Global 2025 by the International Business Magazine Awards. This recognition underscores the company's ongoing commitment to providing a secure, reliable, and user-friendly trading platform for clients worldwide. It reflects the progress Markets4you has made in providing an environment where traders can focus on their strategies and goals. 18th Anniversary Promotion with Over $50,000 in Prizes In celebration of 18 years of service, Markets4you has introduced a global promotion aimed at giving back to its client base. Running from April 1 to June 30, 2025, its 18th Anniversary Campaign allows eligible participants to win a range of high-value prizes, including cash rewards up to $50,000, premium gadgets, travel vouchers, and a luxury vehicle. The campaign reflects the company's appreciation for its global community and its long-standing trust in the Markets4you brand. Growing Opportunities for Partners with PAMM Earlier this year, Markets4you introduced its PAMM (Percentage Allocation Management Module) service, allowing investors to allocate funds to experienced traders who manage the trading on their behalf. Following its successful launch, the brokerage has now rolled out its PAMM Partner Program, where partners can earn up to 40% in rebates from spreads or commissions, offering a competitive and flexible earning model. This new program reflects Markets4you's ongoing commitment to building strong, rewarding partnerships within its global network. 20+ New Global Stocks Now Available In response to growing demand for more trading options, Markets4you has added more than 20 new stocks to its platform. The latest additions include internationally recognized companies such as Louis Vuitton, AstraZeneca, Unilever, SAP, Volkswagen, and several others across multiple sectors. This expansion is part of the broker's broader initiative to offer clients greater flexibility, access to more international markets, and the ability to align their trading strategies with companies they know and trust. About Markets4you Markets4you is an award-winning, multi-asset trading platform offering contracts for difference (CFDs) in a wide range of markets across various assets, including forex, stocks, commodities, indices, and cryptocurrencies. For 18 years, Markets4you has been trusted by over 3 million traders and 100,000 partners worldwide. The award-winning broker has attained over 40 industry awards, including: Best Partnership Program Asia 2025 – International Business Magazine Best Forex Broker APAC 2025 – FXDailyInfo Most Innovative Forex Trading Solutions Provider 2025 – Global Business Magazine Forex4you and Markets4you are registered trademarks of E-Global Trade & Finance Group, Inc. For more information, users can visit Contact Global Marketing and Education Khairil Basyar Markets4you [email protected] Photo: Logo: View original content to download multimedia: SOURCE Markets4you
The Independent
27-05-2025
- Health
- The Independent
The smart summer travel guide
Are you craving barefoot luxury in the Caribbean, culture-soaked city breaks, or just some smart ways to make life easier when travelling? From eco-villas in Bali to a next-gen non-alcoholic drinks and even a high-tech chauffeur solution, these standout travel ideas are tailor-made for curious, conscious travellers looking to soak up the summer season in style. Encounter laid-back luxury with local soul on a Balinese beach Hotel Indigo Bali Seminyak Beach is so much more than just a beachfront beauty. As the beloved hospitality brand's first resort, it's a vivid celebration of Balinese culture and community. With 289 rooms, suites and villas, eight dining venues and a sublime spa, it's a dreamy place to unwind. But what truly sets it apart is its neighbourhood-rooted ethos. Guests can try Endek painting – a traditional textile art – or don ceremonial dress for a joyful immersion into local life. The hotel's sustainability efforts are equally hands-on, from transforming used chopsticks into furniture, to donating surplus food, and repurposing cooking oil into biodiesel. It's a stay that feels good – and does good, too. Discover a sun-kissed paradise in the British Virgin Islands Summer is so much more than a season — it's a state of mind. And at Long Bay Beach Resort that feeling comes vividly to life on one of the Caribbean's most postcard-perfect coastlines. Set on the shores of Tortola in the British Virgin Islands, this boutique resort hideaway offers modern beachfront villas and suites with knockout ocean views of the surrounding Caribbean islands, swaying palm trees and soft white sand just steps away from your door. Whether you're into paddleboarding at sunrise, sailing to secret coves, or just napping on a day bed on the beachfront to the gentle lapping sounds of the sea, Long Bay Beach Resort moves to your rhythm. Here, time slows down, the stress melts away and every moment feels like the golden hour. Book a five night stay 182 days in advance and get 30% off at Book now Possessing both magnificent nature and unparalleled urban style, Norway is a must for any discerning traveller's bucket list. And Thon Hotels makes it easy. With over 80 stylish locations across the country, this colourful hotel group pairs Scandinavian design with a warm welcome and a reassuring focus on sustainability. Whether you're soaking up Oslo's vibrant arts scene, kayaking through crystal-clear fjords, or chasing the midnight sun in the Arctic north, you'll find a cozy place to land at the end of every day. Expect smart, modern rooms, a standout Norwegian breakfast buffet and easy access to both wild nature and walkable cities. This is summer travel somewhere cool, calm and thoroughly refreshing. Save up to 20% on your stay at Offer ends August 2025. Located near Canggu, Desa Hay Bali is where eco-luxury meets soulful serenity. Each standalone villa comes with a private pool, lush garden, and is tailor-made for travellers who crave connection as much as comfort. At Ijo — the resort's restaurant — globally inspired tapas is crafted daily from fresh, local ingredients. Morning yoga, in-villa massages and traditional Melukat rituals offer deeper immersion, while nearby adventures range from the cliffside majesty of Tanah Lot to sunrise hikes up Mount Batur. With solar energy, water conservation and gentle luxury at its core, Desa Hay is so much more than a place to stay. It represents a slower, more meaningful way to experience Bali. Sip smarter on your next summer escape Whether it's beachfront barbecues or golden-hour gatherings, it's increasingly clear creating great travel memories needn't involve alcohol. That's where a new kind of drink comes in. Enter SENTIA Spirits — a pioneering functional drinks company whose products are designed to enhance mood, boost sociability and help you stay fully present. Developed by leading neuroscientist Professor David Nutt, these award-winning blends use cutting-edge science and botanical ingredients to support your brain's natural GABA system, bringing calm, clarity and connection wherever you roam. Start your day with an energising pre-surf GABA Black pour, savour vibrant GABA Gold at a long picnic lunch or wind down with a mellow GABA Red after dark. Whether paired with tonic, kombucha or your favourite fizzy drink, each sip helps support your wellbeing — without compromising on flavour. Or vibes. Flight delayed? Schedule changed? When travel plans shift on a dime, drvn exists to ensure your ground game stays sharp. Designed for travel managers, event planners and executive teams who demand flawless execution every time, this global platform coordinates private transportation at scale, with real-time ride tracking, custom integrations and white-label booking tools tailored to your exact needs. Whether it's black car pickups for an international conference or discreet SUV arrivals for top-tier clients, drvn connects you to a vetted network of commercial chauffeurs worldwide. Every detail is managed, and every mile carefully accounted for. This isn't just black car service, it's large-scale ground transportation management. Unwind at a Tuscan wellness retreat Castel Monastero is located in a beautifully restored 11th-centruty monastery in the heart of Chianti, surrounded by rolling vineyards and cypress trees. With just 70 rooms and suites, the hotel's atmosphere is one of calm refinement — perfect for couples or solo travellers seeking space, silence and soul. Guests can unwind at the award-winning wellness retreat with water circuits, detox therapies and customised spa rituals. Gastronomy is a highlight, from informal dining in the medieval cellar to a Michelin-starred experience in the historical square. Whether you're exploring Siena and Florence nearby, sipping Brunello under the stars or simply recharging in the gardens, this romantic corner is the perfect place to rediscover balance. If your soul is seeking a little snow-dusted silence and starlit solitude, Isbreen The Glacier is where it's at. This off-grid Arctic hideaway sits deep within Northern Norway's Jøkelfjord, where five geodesic-domed igloos overlook the Øksfjordjøkelen glacier and fjord below. From wood-burning stoves and private whirlpool baths to chef-prepared meals featuring reindeer and cloudberries, every detail exudes authentic local luxury. Fill your days with dog sledding, kayaking or whale swims. Or simply gaze at the Northern Lights, when conditions are right, from the comfort of your bed. The largest suite, a 1,500-sq-ft double dome, redefines remoteness with style. Book now and get your fourth night free, a complimentary forest sauna experience and potential igloo upgrade (subject to availability). Offer valid with code OFFER2025 for travel in 2025 and 2026. Stay stylishly stress-free in the Swiss Alps If your family vacation vision is all about clean lines, crisp air and zero hassle, rocksresort in LAAX totally hits the mark. Set in a modern Alpine village at 3,600ft, this design-forward escape swaps cookie-cutter chalets for sleek, stylish and modern stone-clad apartments, with cafes, restaurants, concept stores and a freestyle park that let kids roam and grown-ups breathe. The Family Deal of rocksresort wraps up the best of the region: lift passes for hiking and biking, entrance to turquoise Lake Cauma, the world's longest treetop walk (complete with gnarly spiral slide) and even childcare when you need a little adult escapism. LAAX brings laid-back energy with sustainability baked in—it's cool, conscious and quietly luxurious. Book now Learn a language through full cultural immersion If you're hoping for a life-altering summer, why not take the plunge and learn a language where it's spoken? EF's immersive Language Abroad programmes let you swap surface-level sightseeing for deep connection, meaning you'll bring home skills that last a lifetime. Offering flexible Monday start dates, EF has courses in 17 countries, including Spain, France, Japan and Costa Rica. You'll learn at modern campuses alongside students from over 100 countries and get to benefit from a full calendar of cultural events, weekend excursions and cool summer-only perks like beach barbecues and music festivals. Each programme includes accommodation, expert support and guaranteed progress in as little as six weeks. You'll return more confident, more connected and well on the way to fluency. Book before 12 June 2025 to get 15% off courses of three weeks or more departing by 25 September 2025.
Travel Weekly
22-05-2025
- Business
- Travel Weekly
Sunrise Airways to fly new routes in the eastern Caribbean
Haitian regional carrier Sunrise Airways will add eastern Caribbean routes this July. A new operating certificate will enable Sunrise to fly Barbados-Tortola, plus new routes from Santo Domingo to Tortola, St. Kitts, and St. Maarten/St. Martin. "The new extended reach we have now under the new air operator's certificate, combined with a series of new interline agreements we entered into in recent weeks, creates a host of new multi-destination flight options, added convenience, and more choice for our customers based in the region, as well as international travelers keen on experiencing multiple destinations when visiting the Caribbean," he said. Sunrise currently has interline agreements with Winair, Bahamas Air, and Air Caraibes. The airline expects to add interlining with LIAT 2020, Caribbean Airlines and French Bee. Also, Sunrise has named Gary Stone as its new CEO. Stone had been Sabre's vice president and regional general manager for Latin America and the Caribbean.
