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Globe and Mail
08-07-2025
- Business
- Globe and Mail
CHAMPION IRON PROVIDES NOTICE OF FIRST QUARTER FY2026 RESULTS, CONFERENCE CALL AND WEBCAST DETAILS, AND DATE OF ANNUAL SHAREHOLDERS` MEETING
MONTRÉAL , July 8, 2025 /CNW/ - SYDNEY , July 9, 2025 - Champion Iron Limited (TSX: CIA) (ASX: CIA) (OTCQX: CIAFF) ("Champion" or the "Company") announces that it will be hosting a conference call and webcast on July 30, 2025 , at 9:00 AM (Montréal time) / 11:00 PM ( Sydney time) with its senior management, during which they will review the Company's operational and financial results for the first quarter ended June 30, 2025 , of the financial year ending March 31, 2026 . Champion's financial statements and management's discussion and analysis for the quarter ended June 30, 2025, will be released prior to the conference call and webcast, and will be available in the "Financial & Regulatory Reports" section of the Company's website at under the Company's profile on SEDAR+ at and on the ASX at A live audio webcast of the conference call will be accessible for a period of 90 days through Champion's website at Access to the Conference Call: Champion also confirms that its annual meeting of shareholders will be held on August 27, 2025 , at 5:00 PM (Montréal time) / August 28, 2025, 7:00 AM ( Sydney time), and that the last date for director nominations will be July 16, 2025 , by 3:00 AM (Montréal time) / 5:00 PM ( Sydney time). Additional information regarding the annual meeting of shareholders will be announced prior to the event. About Champion Iron Limited Champion, through its wholly-owned subsidiary Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex located on the south end of the Labrador Trough, approximately 13 kilometres north of Fermont , Québec. Bloom Lake is an open-pit operation with two concentration plants that primarily source energy from renewable hydroelectric power, having a combined nameplate capacity of 15M wmt per year that produce lower contaminant high-grade 66.2% Fe iron ore concentrate with a proven ability to produce a 67.5% Fe direct reduction quality iron ore concentrate. Benefiting from one of the highest purity resources globally, Champion is investing to upgrade half of Bloom Lake's mine capacity to a direct reduction quality pellet feed iron ore with up to 69% Fe. Bloom Lake's high-grade and lower contaminant iron ore products have attracted a premium to the Platts IODEX 62% Fe iron ore benchmark. Champion ships iron ore concentrate from Bloom Lake by rail, to a ship loading port in Sept-Îles, Québec, and has delivered its iron ore concentrate globally, including in China , Japan , the Middle East , Europe , South Korea , India and Canada . In addition to Bloom Lake, Champion owns the Kamistiatusset mining properties, a project with an expected annual production of 9M wmt per year of direct reduction quality iron grading above 67.5% Fe, located near available infrastructure and only 21 kilometres southeast of Bloom Lake. In December 2024 , Champion entered into a binding agreement with Nippon Steel Corporation and Sojitz Corporation to form a partnership to evaluate the potential development of the Kami project, including the completion of a definitive feasibility study. Champion also owns a portfolio of exploration and development projects in the Labrador Trough, including the Cluster II portfolio of properties, located within 60 kilometres south of Bloom Lake. For additional information on Champion Iron Limited, please visit our website at: David Cataford .
Globe and Mail
08-07-2025
- Business
- Globe and Mail
East West Petroleum Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - East West Petroleum Corp. (TSXV: EW) ("East West" or the "Company") is pleased to provide this further corporate update. In the Company's news release of July 2nd 2025 the Company announced a return of capital of approximately $3 million Canadian, subject to receipt of shareholder approval. An annual and special shareholders meeting (the " Meeting") has been set for September 5 th 2025, with July 29 th 2025 being set as the record date to determine which shareholders are entitled to receive notice of, and vote at, the Meeting. Further news will be issued as the Company advances this restructuring plan. In addition, the Company has been monitoring events in Romania and its attempts to crystalize a monetizing event. Given the impact of sanctions on the operator the Company does not expect any realization from this asset in the near term or at all. The carrying value of the Romanian project is nil so there will be no impact on the Company's balance sheet. Additional information will be provided as it becomes known. On Behalf of the Board " Nick DeMare" Nick DeMare, Director & Interim CEO 1305 - 1090 West Georgia Street, Vancouver, BC, Canada, V6E 3V7 Tel: 604.685.9316 | Fax: 604.683.1585 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.
Japan Times
25-06-2025
- Business
- Japan Times
Fuji TV parent secures approval for new board members at shareholders meeting
Fuji TV's parent company secured majority approval for its proposed board of directors in a closely-watched shareholders meeting on Wednesday, with a major investment fund's proposal for drastic change voted down. With two proposals for board members tabled at the meeting, the focus was on which the shareholders would vote for and how much support there was for the proposal of activist Dalton Investments, which reportedly holds 7.5% of shares in Fuji Media Holdings. All five of the proposals that the company put forth at the meeting, including ones regarding the new board members, were accepted. Proxy advisor Institutional Shareholder Services supported Fuji Media's proposals, and counterpart Glass Lewis backed nine of the network's board member candidates while supporting five candidates from Dalton Investment's list. At the beginning of the meeting, Fuji Media Holdings President Osamu Kanemitsu apologized to shareholders for a series of scandals involving the company, including a 'sexual violence' incident by a former popular TV personality and the company's mishandling of the aftermath. 'We would like to first and foremost express our sincere apologies for any inconvenience and concern caused by a series of incidents at our subsidiary, Fuji TV,' said Kanemitsu. 'We take this situation very seriously and are vigorously promoting human rights compliance awareness and governance reform ... We sincerely ask for the continued support of our shareholders,' said Kanemitsu, who stepped down after the shareholders meeting. Following the incidents, Fuji Media Holdings proposed a list of 11 candidates for its board members in March, downsizing from the 15-person board they had in the past. Old-timers including the media mogul Hisashi Hieda had stepped down, with only the current president of Fuji TV, Kenji Shimizu, remaining from the former board of directors as a candidate for the board. However, Dalton Investments was unsatisfied by the list that the company had compiled, having put forth an alternative list of 12 candidates. This list included SBI Holdings CEO Yoshitaka Kitao, who along with Dalton had argued that the broadcaster should spin off its real estate business so that its media business wouldn't be overly reliant on the real estate sector. Fuji Media Holdings had opposed the proposal, saying that Dalton's plan would result in the board being entirely comprised of external directors, without any company insiders to facilitate audits and execute business decisions. Instead, the TV network responded by announcing that Kanemitsu — who was initially set to become a chairman, pending approval from shareholders — would be stepping down , alongside several other candidates for outside director. The company announced a new list of candidates last month, including former head of major convenience store chain FamilyMart Takashi Sawada and former CFO of Mori Building Company Tsutomu Horiuchi. To improve corporate governance, the company has introduced new measures that would limit the number of years a member could stay on the board, as well as committing to lowering the average age of directors. The average age of the new board is 57, which is more than 10 years younger than it was previously.
NHK
25-06-2025
- Business
- NHK
Fuji Media wins boardroom battle
Japanese broadcasting giant Fuji Media Holdings has held its annual shareholders' meeting. The company was embroiled in a power struggle with a major shareholder but appears to have come out on top, with all 11 of its candidates being named to the board. The company and its subsidiary Fuji Television Network have come under fire since a sexual assault scandal involving former pop star Nakai Masahiro came to light. Fuji Media had proposed a management reshuffle and improvements to corporate governance in response. But US-based shareholder Dalton Investments called for stronger measures. Fuji Media named eleven candidates for the board. They included the president of Fuji TV, Shimizu Kenji, and the former president of the FamilyMart convenience store chain, Sawada Takashi. Dalton said external directors should be appointed and proposed 12 candidates of its own. But none of them were voted onto the board.
Yahoo
24-06-2025
- Business
- Yahoo
Davis Commodities Limited Announces Results of Extraordinary General Meeting
SINGAPORE, June 24, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (the 'Company') (Nasdaq: DTCK), a leading Singapore-based agricultural commodities trader, has announced that the resolutions proposed at the Company's Extraordinary General Meeting held on June 23, 2025 were duly passed by the shareholders of the Company. Specifically, the Company's shareholders passed the following resolutions approving: 1. As a special resolution, the re-classification and re-designation of the authorised share capital of the Company of US$100,000.11 divided into 232,500,000,000 ordinary shares with a par value of US$0.000000430108 each (the 'Ordinary Shares') as follows: (i) all the authorized and issued and outstanding Ordinary Shares held by existing shareholders of the Company, except (a) the 15,056,700 Ordinary Shares held by Davis & KT Holdings Pte. Ltd. and (b) the 1,458,281 Ordinary Shares held by Mr. Lek Pow Sheng, Pauson, be re-designated and re-classified as class A ordinary shares with a par value of US$0.000000430108 each (the 'Class A Ordinary Shares') on a one for one basis; and(ii) the 15,056,700 authorized and issued and outstanding Ordinary Shares held by Davis & KT Holdings Pte. Ltd. be re-designated and re-classified as 15,056,700 class B ordinary shares with a par value of US$0.000000430108 each (the 'Class B Ordinary Shares') and the 1,458,281 authorised and issued and outstanding Ordinary Shares held by Mr. Lek Pow Sheng, Pauson be redesignated and re-classified as 1,458,281 Class B Ordinary Shares; and (iii) 232,472,014,356 authorized but unissued Ordinary Shares be re-designated and re-classified into 232,472,014,356 Class A Ordinary Shares with a par value of US$0.000000430108 each; and (iv) the 3,485,019 authorized but unissued Ordinary Shares be re-designated and re-classified into 3,485,019 Class B Ordinary Shares with a par value of US$0.000000430108 each, in each case having the rights and subject to the restrictions set out in the Amended M&A (as defined below) to be adopted, and following which the authorized share capital of the Company shall be US$100,000.11 divided into 232,480,000,000 Class A Ordinary Shares and 20,000,000 Class B Ordinary Shares, with the power for the Company, insofar as is permitted by law, to redeem or purchase any of its shares and to increase or reduce the said share capital subject to the provisions of the Companies Act (As Revised) and the Articles of Association of the Company and to issue any part of its capital, whether original, redeemed or increased, with or without any preference, priority or special privilege or subject to any postponement of rights or to any conditions or restrictions; and so that, unless the conditions of issue shall otherwise expressly declare, every issue of shares, whether declared to be preference or otherwise, shall be subject to the power hereinbefore contained. (the 'Alteration of Share Capital', and the proposal, the 'Alteration of Share Capital Proposal') 2. As a special resolution, the adoption of the third amended and restated memorandum and articles of association of the Company (the 'Amended M&A') in substitution for the existing memorandum and articles of association of the Company (the 'Amendment to the M&A', and the proposal, the 'Amendment to the M&A Proposal') as follows: 'IT IS HEREBY RESOLVED, as a special resolution, that, subject to the effectiveness of the Alteration of Share Capital, the Company adopts the third amended and restated memorandum and articles of association attached hereto as Annex A (the 'Amended M&A') in substitution for and to the exclusion of the existing memorandum and articles of association of the Company'. 3. To authorize the adjournment of the Extraordinary General Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Extraordinary General Meeting or adjournment or postponement thereof to approve of the foregoing proposals (the 'Authorization to Adjourn the Meeting', and the proposal, the 'Authorization to Adjourn the Meeting Proposal'). About Davis Commodities Limited Based in Singapore, Davis Commodities Limited is an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products in various markets, including Asia, Africa and the Middle East. The Company sources, markets, and distributes commodities under two main brands: Maxwill and Taffy in Singapore. The Company also provides customers of its commodity offerings with complementary and ancillary services, such as warehouse handling and storage and logistics services. The Company utilizes an established global network of third-party commodity suppliers and logistics service providers to distribute sugar, rice, and oil and fat products to customers in over 20 countries, as of the fiscal year ended December 31, 2024. For more information, visit Forward-Looking Statements This press release contains certain forward-looking statements, within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by terms such as 'believe,' 'project,' 'predict,' 'budget,' 'forecast,' 'continue,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'could,' 'should,' 'will,' 'would,' and similar expressions or negative versions of those expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, therefore, subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release. The Company's filings with the SEC identify and discuss other important risks and uncertainties that could cause events and results to differ materially from those indicated in these forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance upon forward-looking statements. Davis Commodities Limited assumes no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. CONTACT: For more information, please contact: Davis Commodities Limited Investor Relations Department Email: investors@ Celestia Investor Relations Dave Leung Email: investors@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
