Category: Canada

(MENAFN– Newsfile Corp)
Dieppe, New Brunswick–(Newsfile Corp. – March 19, 2025) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to share the assay results from the next two holes drilled in its recent 10 hole diamond drilling program (1,167.5 metres) at the El Pilar Gold & Silver Project in Sonora Mexico. Colibri holds 49% interest of the El Pilar along side its partner Tocvan Ventures, which holds a 51% ownership in this advanced stage exploration project. Tocvan is the operator of the El Pilar.

“We are very happy with the assay results from hole JES-25-105. The hole is highlighted by 36.3 metres of 1.6 g/t gold (starting at surface and is contained within a longer intercept of 66 metres at 1.0 g/t gold). These are extremely favorable grades to encounter when looking for an open pitable gold deposit in Sonora and confirms the site as a source of moderate grade material for the planned 50,000 tonne test mine/bulk sample . We look forward to releasing the results from the remaining 6 holes of this program in due course as the data is received.” commented, Colibri President & CEO Ian McGavney.

Figure 1: Planview of Main Zone Area – today’s results highlighted in red. Intervals reported are drilled lengths, the Company will update on estimated true thickness once all new drill data has been processed.

To view an enhanced version of this graphic, please visit:

Figure 2. 3D North to South Long-Section of the drilled Main Zone area. Drill results announced today are in red.

To view an enhanced version of this graphic, please visit:

Tocvan – News Release – March 19 ^th , 2025

Highlights:

Main Zone Infill Provides Upgrade to Historic Drilling

1.6 g/t Au over 36.3 meters from surface within 66 meters of 1.0 g/t Au (Hole JES-25-105)

including 15.2 g/t Au over 1.2 meters, from 35.1 meters depth

and 5.8 g/t Au over 3.0 meters, from 9.0 meters depth

Mineralization from surface to 97.4 meters averaging 0.7 g/t Au

Results Pending for Six Additional Holes

Calgary, Alberta – March 19, 2025 – Tocvan Ventures Corp. (CSE: TOC) (OTCQB: TCVNF) (WKN: TV3/A2PE64) (the ” Company “), is pleased to announce results the latest core drilling at the Gran Pilar Gold Silver Project in mine-friendly Sonora, Mexico. Ten core drillholes totalling 1,167.5 meters were completed earlier this year within the majority owned (51%) Main Zone held in partnership with Colibri Resource Corp. Today’s results are highlighted by 1.6 g/t Au over 36.3 meters from surface, including 15.2 g/t Au over 1.2 and 5.8 g/t Au over 3.0 meters, starting from 9.0 meters vertical depth (JES-25-105). Mineralization correlates with at surface mineralization and lies within a broader anomalous zone drilled that averages 0.7 g/t Au over 97.4 meters . The result from JES-25-105, is a notable improvement from local historic drilling that returned 76.6 meters of 0.5 g/t Au (hole J-7) and 83.8m of 0.5 g/t Au (hole JESP-10), both drilled vertical from surface. To the southeast 100 meters, core hole JES-25-106 returned anomalous mineralization from surface to 122.2 meters depth with the most significant interval returning 3.45 meters of 0.4 g/t Au. Mineralization is known to weaken through this zone. More testing is required to determine the orientation of higher-grade zones known to occur in the area. Results for four core drillholes have now been released, results are pending for the remaining six holes.

“Infill drilling through the Main Zone is identifying precisely where we can source moderate to high-grade ore during pilot and full-scale mining.” commented, CEO Brodie Sutherland. “Positioned directly below surface trenching, we have a high degree of confidence in the extension of significant mineralization at Pilar. We are excited to evaluate the results for the remaining core holes as they will provide insight towards future development along parallel trends across the property. All information will be fed into our planned maiden resource estimate that will look to outline the resource potential across the Main Zone, an important milestone leading towards unlocking the full property potential.”

Hole ID	From (m)	To (m)	Interval (m)	Au (g/t)	Ag (g/t)
JES-25-105	0.00	97.35	97.35	0.65	3.60
including	0.00	66.00	66.00	0.95	4.93
including	0.00	36.30	36.30	1.59	8.08
including	9.00	12.00	3.00	5.75	5.60
and	35.1	36.3	1.20	15.35	4.30
JES-25-106	0.00	122.20	122.20	0.03	0.98
including	112.60	122.20	9.60	0.15	0.64

Table 1. Summary of Drill Results in today’s release. Intervals reported are drilled lengths, the Company will update on estimated true thickness once all new drill data has been processed.

Photo 1. Close up of high-grade gold sample (JES-25-105, 1.2 meters of 15.4 g/t Au and 4 g/t Ag, from 35.1m depth vertically from surface).

To view an enhanced version of this graphic, please visit:

Sample ID	From (m)	To (m)	Interval (m)	Au (g/t)	Ag (g/t)
675107	0.00	2.55	2.55	2.09	18.7
675108	2.55	5.60	3.05	1.29	11.5
675109	5.60	9.00	3.40	0.29	24.3
675110	9.00	10.30	1.30	8.00	7.0
675111	10.30	11.20	0.90	1.75	5.7
675112	11.20	12.00	0.80	6.61	3.2
675113	12.00	13.85	1.85	0.95	2.6
675114	13.85	15.75	1.90	2.34	5.7
675115	15.75	16.90	1.15	1.03	18.4
675116	16.90	18.05	1.15	0.10	14.9
675117	18.05	20.80	2.75	0.19	1.6
675118	20.80	22.85	2.05	0.10	1.2
675119	22.85	23.50	0.65	2.34	3.7
675120	23.50	26.25	2.75	0.05	0.7
675121	26.25	27.45	1.20	0.15	1.9
675123	27.45	29.00	1.55	0.22	3.8
675124	29.00	30.45	1.45	0.23	2.2
675125	30.45	32.50	2.05	0.22	6.7
675126	32.50	33.40	0.90	0.08	10.0
675127	33.40	35.10	1.70	0.26	4.0
675128	35.10	36.30	1.20	15.35	4.3

Table 2. Summary of Results from JES-25-105 from surface to 36.3m downhole.

Hole ID	Easting	Northing	Elevation (m)	Depth (m)	Azimuth	Dip
JES-25-105	617423	3144555	407.70	125.50	0	-90
JES-25-106	617469	3144471	430.85	149.60	055	-80

Table 3. Summary of drill collar locations and orientations. Coordinates are in UTM NAD 27, Zone 12N

Pilar Drill Highlights:

2024 RC Drilling Highlights include ( all lengths are drilled thicknesses ):

42.7m @ 1.0 g/t Au, including 3.1m @ 10.9 g/t Au

56.4m @ 1.0 g/t Au, including 3.1m @ 14.7 g/t Au

16.8m @ 0.8 g/t Au and 19 g/t Ag

2022 Phase III Diamond Drilling Highlights include ( all lengths are drilled thicknesses ):

116.9m @ 1.2 g/t Au, including 10.2m @ 12 g/t Au and 23 g/t Ag

108.9m @ 0.8 g/t Au, including 9.4m @ 7.6 g/t Au and 5 g/t Ag

63.4m @ 0.6 g/t Au and 11 g/t Ag, including 29.9m @ 0.9 g/t Au and 18 g/t Ag

2021 Phase II RC Drilling Highlights include ( all lengths are drilled thicknesses ):

39.7m @ 1.0 g/t Au, including 1.5m @ 14.6 g/t Au

47.7m @ 0.7 g/t Au including 3m @ 5.6 g/t Au and 22 g/t Ag

29m @ 0.7 g/t Au

35.1m @ 0.7 g/t Au

2020 Phase I RC Drilling Highlights include ( all lengths are drilled thicknesses ):

94.6m @ 1.6 g/t Au, including 9.2m @ 10.8 g/t Au and 38 g/t Ag;

41.2m @ 1.1 g/t Au, including 3.1m @ 6.0 g/t Au and 12 g/t Ag ;

24.4m @ 2.5 g/t Au and 73 g/t Ag, including 1.5m @ 33.4 g/t Au and 1,090 g/t Ag

15,000m of Historic Core & RC drilling. Highlights include:

61.0m @ 0.8 g/t Au

21.0m @ 38.3 g/t Au and 38 g/t Ag

13.0m @ 9.6 g/t Au

9.0m @ 10.2 g/t Au and 46 g/t Ag

Pilar Bulk Sample Summary:

62% Recovery of Gold Achieved Over 46-day Leaching Period

Head Grade Calculated at 1.9 g/t Au and 7 g/t Ag; Extracted Grade Calculated at 1.2 g/t Au and 3 g/t Ag

Bulk Sample Only Included Coarse Fraction of Material (+3/4″ to +1/8″)

Fine Fraction (-1/8″) Indicates Rapid Recovery with Agitated Leach

Agitated Bottle Roll Test Returned Rapid and High Recovery Results: 80% Recovery of Gold and 94% Recovery of Silver after Rapid 24-hour Retention Time

Additional Metallurgical Studies:

Gravity Recovery with Agitated Leach Results of Five Composite Samples Returned

95 to 99% Recovery of Gold

73 to 97% Recovery of Silver

Includes the Recovery of 99% Au and 73% Ag from Drill Core Composite at 120-meter depth.

Based on management’s strong belief in the project’s potential, the Company is outlining a permitting and operations strategy for a pilot facility at Pilar. The facility would underpin a robust test mine scenario with aims to process up to 50,000 tonnes of material. Timelines and budget are being prepared with the aim of moving forward with the development early in 2025. With gold prices hitting all-time highs, the Company believes the onsite test mine will provide key economic parameters and showcase the mineral potential of the area. In 2023, the Company completed an offsite bulk sample that produced important data showcasing the potential to recover both gold and silver through a variety of methods including heap leach, gravity and agitated leach (see August 22, 2023, news release for more details).

Quality Assurance / Quality Control

Rock and Drill samples were shipped for sample preparation to ALS Limited in Hermosillo, Sonora, Mexico and for analysis at the ALS laboratory in North Vancouver. The ALS Hermosillo and North Vancouver facilities are ISO 9001 and ISO/IEC 17025 certified. Gold was analyzed using 50-gram nominal weight fire assay with atomic absorption spectroscopy finish. Over limits for gold (>10 g/t), were analyzed using fire assay with a gravimetric finish. Silver and other elements were analyzed using a four-acid digestion with an ICP finish. Over limit analyses for silver (>100 g/t) were re-assayed using an ore-grade four-acid digestion with ICP-AES finish. Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s robust quality assurance / quality control protocol.

Brodie A. Sutherland, CEO for Tocvan Ventures Corp. and a qualified person (” QP “) as defined by Canadian National Instrument 43-101, has reviewed and approved the technical information contained in this release.

ABOUT COLIBRI RESOURCE CORPORATION:

Colibri is a Canadian-based mineral exploration company listed on the TSX-V (CBI) and is focused on acquiring, exploring, and developing prospective gold & silver properties in Mexico. The Company holds four high potential precious metal projects: 1) 49% Ownership of the Pilar Gold & Silver Project which is believed to hold the potential to be a near term producing mine, 2) 100% of EP Gold Project in the significant Caborca Gold Belt which has delivered highly encouraging exploration results and is surround by Mexico’s second largest major producer of gold on four sides, and 3) two highly prospective interests in the Sierra Madre (Diamante Gold & Silver Project and Jackie Gold & Silver Project.

For more information about all Company projects please visit: .

Contact:

Ian McGavney, President, CEO and Director
Tel: (506) 383-4274
…

Forward-Looking Statements

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 news release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain “forward-looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward- looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

To view the source version of this press release, please visit

SOURCE: Colibri Resource Corporation

MENAFN19032025004218003983ID1109332181

Trusted News Since 1995

A service for global professionals
·
Wednesday, March 19, 2025

·
795,231,736
Articles


·
3+ Million Readers

Trusted News Since 1995

A service for global professionals
·
Wednesday, March 19, 2025

·
795,231,665
Articles


·
3+ Million Readers

Trusted News Since 1995

A service for global professionals
·
Wednesday, March 19, 2025

·
795,231,665
Articles


·
3+ Million Readers

It’s as Canadian as hockey, the maple leaf and Canada geese.

Or is it?

In the past, Tim Hortons rightfully earned its place as a Canadian icon, starting with one coffee shop in Ontario and eventually building an empire that made Timbits and double doubles part of the national lexicon.

But after the company was bought by U.S. burger chain Wendy’s, and later became part of a holding company backed by a Brazilian investment firm, did it forfeit its claim to Canadian identity?

The topic has been hotly debated online — and likely in coffee shops across the nation — in the wake of the patriotic fervour whipped up by tariff and annexation threats from U.S. President Donald Trump.

A recent social media post from the company declares it to be “proudly Canadian,” but many of the 2,500 comments below dispute the statement, insisting it is not Canadian, but rather American or Brazilian. Posts about the topic in “Buy Canadian” groups on social media sites have devolved into the same debate.

So where does the truth lie? What makes a company Canadian? Is it the ownership? The supply chain? The franchise locations? The employees? The headquarters? Or is it something more intangible — a reflection of our values, history or traditions? 

Origin and ownership

First, let’s look at the hard facts.

Tim Hortons was founded in 1964 by longtime Toronto Maple Leafs player Tim Horton, and was later taken over by Nova Scotia-born Ron Joyce after Horton’s death in 1974.

In 1995, the business was bought by American burger chain Wendy’s, and in 2014 became part of Restaurant Brands International.

This is where the idea of Tim’s being Brazilian comes from. Restaurant Brands International’s largest shareholder was the Brazilian investment firm 3G Capital.

In 2014, at the time of the takeover, 3G held 47 per cent of the voting power in Restaurant Brands International, but that has slowly decreased over time to 26 per cent as of Dec. 31, 2024.

Today, Canadian banks such as Toronto Dominion, Bank of Montreal, National Bank and Royal Bank, as well as Canadian institutional investors such as the CPP Investment Board, cumulatively hold a stake comparable to 3G, according to Michael Oliveira, the director of communications for Tim Hortons.

“We understand how this ‘Brazilian-owned’ narrative evolved over time but it’s simply not accurate,” he said in an email.

Restaurant Brands International’s financial documents show that U.S.-based Capital World Investors has the next largest percentage of voting power, at about 9.5 per cent, and U.S.-based Pershing Square Funds has about 6.5 per cent.

Identity goes beyond ownership

Florian Muenkel, an assistant professor of finance at Saint Mary’s University’s Sobey School of Business in Halifax, says where shareholders are located doesn’t have a big impact on the perception of a company’s nationality.

He says consumers likely associate the brands Chrysler, Fiat, Jeep, Maserati and Peugeot with certain countries, but they are all part of Stellantis, a multinational company with headquarters in the Netherlands. 

“I think to a certain extent we are anthropomorphizing a company here,” Muenkel says. “A company is not a human being for which you can basically assign something like a citizenship.”

Of the 6,043 Tim Hortons stores worldwide, 64 per cent are located in Canada. More than 100,000 people are employed in the Canadian stores, which are owned by 1,500 franchisees. An additional 400 people work for the corporate office, which is headquartered in Toronto.

Shares of Restaurant Brands International trade on the Toronto Stock Exchange as well as the New York Stock Exchange, and the company is regulated under the Canada Business Corporations Act.

In terms of its supply chain, Tim Hortons roasts the majority of the coffee for its restaurants and blends the beans for its take-home coffee at two roasting facilities — its flagship roastery in Ancaster, Ont., and another in Rochester, N.Y.

The company owns five distribution centres in Canada and uses third-party partners for four others in the country, and operates a manufacturing plant in Oakville, Ont., which produces fondants, icings and fills.

Muenkel says someone deciding whether a company is Canadian might consider where its sales come from, where it produces its goods, where it employs people and, to an extent, who owns it.

So in his view, is Tim Hortons Canadian? He hesitates, reluctant. Then: “As an economist, I would say yes.”

‘Canadian in spirit’

Douglas Hunter is the author of a book about Tim Hortons called Double Double: How Tim Hortons Became a Canadian Way of Life, One Cup at a Time. He’s also written a book about Tim Horton, the man who started it all.

Hunter says in the company’s earlier days, its sheer ubiquity was what made it popular with Canadians.

“You want a coffee … you just point your car down one of the major roads and you’re going to hit a Tim’s.”

And there just wasn’t much competition at that time. Hunter says for people who wanted to run any kind of restaurant franchise, coffee and baked goods were way down the desirability list — below burgers, ice cream and pancakes.

“It was the only show in town.… Ron Joyce with Horton figured out they had a very strong niche that nobody else was in.”

The restaurants also became a gathering point in communities. If you needed to meet a stranger or sign divorce papers, a coffee shop was the place to do it, Hunter says.

Despite the company’s multinational status today, Hunter says the fact that franchises are run by local people who know their customers and the market “better than bean counters in head office” sways his opinion in favour of Tim Hortons’s identity as Canadian.

“I think it’s Canadian in spirit,” he says. “Somebody in Sao Paulo is not sitting at a computer desk deciding, you know, how many crullers we’re going to order.”

‘A place of community’

The person who is, in fact, deciding how many crullers to order — at least in the case of her own Tim Hortons franchises — is Tanya Doucette and her staff.

Doucette lives in Sylvan Lake, Alta., and owns eight Tim Hortons locations in central Alberta.

She says she hears the debates about whether Tim Hortons is Canadian, and she understands why Canadians want clarity during this moment of change and upheaval.

But in her mind, there’s no question: “Tim Hortons is Canadian.”

Beyond the questions of stockholders and supply chains, Doucette says it’s the role that Tim Hortons plays in the lives of ordinary people that earns its status as Canadian.

She thinks back to the beginning of the COVID-19 pandemic, when customers weren’t allowed inside restaurants.

“Our guests would bring lawn chairs and they would sit, even though it was winter … and even though Alberta can remain quite cold until well into May, our guests were gathering outside. They were keeping the spacing that was required, but they gathered outside because they needed that place to come together. And this is a place of community for them.”

The restaurant is so integral to some daily customers’ lives that they inform staff if they’re going on holiday and tell them not to worry if they’re not around.

Doucette says when communities are celebrating something or dealing with tragedy, “we’re one of the first calls — can you bring coffee? Can you provide Timbits or hot chocolate?” she says.

“It’s bonspiels, it’s middle school orientations, it’s read-a-thons, it’s all the little ways that we try to support our communities.”

Oliveira, the Tim Hortons communications director, said the company is deeply embedded in Canadian communities.

Tim Hortons charitable programs raised $44.1 million in 2024 to support local causes through campaigns such as Smile Cookie, Camp Day, Orange Sprinkle doughnuts and Special Olympics doughnuts. It also runs seven camps for youth from low-income homes, and supports programs such as Timbits soccer and hockey.

“We don’t just serve Canadians — we give back in a big way,” says Oliveira.

ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reported that assets invested in the Global ETFs industry reached a new record of US$15.50 trillion at the end of February, according to ETFGI’s February 2025 Global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

March 9th marked the 35th anniversary of the listing of the first ETF. The Toronto 35 Index Participation Units “TIPS” began trading on the Toronto Stock Exchange (TSX) on March 9, 1990. TIPs tracked the performance of the 35 largest stocks on the TSX. On March 6, 2000 the TIPs ETF and the TSE 100 Index Participation Fund merged and is now known as the S&P/TSE Index Participation Fund (ticker XIU).

Highlights

• Assets invested in the ETFs industry globally reached a new record of $15.50 Tn at the end of February, beating the previous record of $15.45 Tn at the end of January 2025.
• 35^th anniversary of the ETFs industry was on March 9^th.
• Net inflows of $152.13 Bn during February.
• YTD net inflows of $304.70 Bn are the highest on record, while the second highest recorded YTD net inflows were of $252.60 Bn in 2024 and the third highest recorded YTD net inflows are of $224.30 Bn in 2020.
• 69^th month of consecutive net inflows.

“The S&P 500 index decreased by 1.30% in February bit is up by 1.44% YTD in 2025.  The developed markets excluding the US index increased by 1.31% in February and is up 6.08% YTD in 2025. Luxembourg (up 14.10%) and Spain (up 8.87%) saw the largest increases amongst the developed markets in February. The emerging markets index decreased by 0.04% during February but is up 0.26% in 2025. Indonesia (down 15.94%) and Thailand (down 9.48%) saw the largest decreases amongst emerging markets in February”, according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

Growth in assets in the Global ETFs industry as of the end of February

  The Global ETFs industry has 13,630 products, with 27,015 listings, assets of $15.50 Tn, from 841 providers on 81 exchanges in 63 countries at the end of February.

During February, ETFs gathered net inflows of $152.13 Bn. Equity ETFs gathered net inflows of $59.96 Bn, bringing YTD net inflows to $125.29 Bn, lower than the $140.22 Bn in net inflows YTD point in 2024. Fixed income ETFs reported net inflows of $35.47 Bn during February, bringing net inflows YTD to $65.57 Bn, higher than the $45.03 Bn in net inflows fixed YTD in 2024. Commodities ETFs reported net inflows of $10.75 Bn during February, bringing YTD net inflows to $12.47 Bn, much higher than the $7.34 Bn in net outflows YTD in 2024. Active ETFs attracted net inflows of $51.72 Bn during the month, gathering net inflows for the year of $103.69 Bn, much higher than the $46.40 Bn in net inflows YTD in 2024.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $61.67 Bn during February. SPDR S&P 500 ETF Trust (SPY US) gathered $8.67 Bn, the largest individual net inflow.

Source: ETFGI

Here is a roundup of stories from The Canadian Press designed to bring you up to speed…

End of carbon levy will ease pain at pumps: report

Canadians can expect to feel the absence of the consumer carbon price at the pumps immediately but it may take longer to notice a difference in the price of other goods, a new report released Wednesday suggests.

The analysis by Desjardins Economics comes less than a week after Prime Minister Mark Carney and his new Liberal cabinet ordered that the consumer levy be set to zero on April 1.

The carbon price came with a quarterly rebate to offset the cost of inflation; the final rebate will come in April.

The report suggests that move will push overall inflation down over the next year as a result of Ottawa’s decision to kill the consumer price on carbon pollution.

End of carbon tax leaves $1.5B hole in B.C. budget

British Columbia’s budget shows that the impending end of the province’s consumer carbon tax will leave a roughly $1.5-billion hole in its revenue streams, with one expert saying that “there will be both winners and losers” from the change.

The budget released earlier this month shows the province was forecasting revenue of just over $2.5 billion from the tax in the 2024-25 fiscal year, while the estimated cost of the climate action tax credit was $995 million.

Werner Antweiler, associate professor at the Sauder School of Business at the University of B.C., says that leaves about $1.5 billion in revenue the province will need to make up, which could include cutting spending or raising taxes elsewhere.

He says the end of the consumer carbon tax will bring relief at the gas station — as much as about 17 cents per litre.

Ontario Premier Doug Ford set to name new cabinet

Ontario Premier Doug Ford is set to name his new cabinet today, three weeks after winning a third consecutive majority government.

Lt.-Gov. Edith Dumont will swear in the premier and his executive council in a ceremony at the Royal Ontario Museum.

Ford did not give any hints Tuesday as to whether he would keep a lot of his previous ministers in their posts or if he was looking at a major shake up.

But he said that he still plans on directly dealing with the tariff threats from the United States, suggesting he may not create a new ministerial portfolio focused on that.

Ford has been increasing the size of his cabinet since he was first elected in 2018 and his last cabinet grew in August to 37 people after he brought new associate ministers on board.

Saskatchewan set to introduce budget

Saskatchewan is set to table its budget today outlining the province’s plans to boost spending on health care, education and crime reduction.

Premier Scott Moe has said increased investment in those areas is meant to reduce surgical wait times, improve Grade 3 reading levels and make communities safer.

Moe has also pledged to freeze the education property tax while providing more money to municipalities.

This is the Saskatchewan Party government’s first budget since Moe was re-elected premier last fall.

His platform promised deficits in the first three years to accommodate increased spending and provide broad-based tax relief, which was passed through legislation last year.

Vancouver car show removes Tesla over event safety

Tesla has been removed from participating in this week’s Vancouver International Auto Show over safety concerns, the event’s executive director says.

Eric Nicholl said Tuesday that the show asked the electric carmaker to withdraw because of a “primary concern” for the safety of workers, attendees and exhibitors.

Nicholl said the decision wasn’t easy, but was made “in light of the recent escalating events throughout North America.”

Tesla did not immediately reply to an emailed request for comment about the auto show. The Vancouver Police Department did not immediately respond to an emailed request for comment about any safety or security concerns about Tesla and the auto show.

Shopify shares to start trading on Nasdaq

Shopify Inc. is moving its U.S. stock exchange listing to the Nasdaq from the New York Stock Exchange, beginning March 31.

The Canadian technology company says its TSX listing won’t be affected, and its SHOP stock ticker will remain the same.

The company did not provide a reason for the move.

Last month, Shopify listed a U.S. address alongside its Canadian headquarters for the first time in an annual regulatory filing with the U.S. Securities and Exchange Commission.

—

This report by The Canadian Press was first published March 19, 2025

The Canadian Press

Trusted News Since 1995

A service for global professionals
·
Wednesday, March 19, 2025

·
795,259,498
Articles


·
3+ Million Readers

Freegold Ventures Limited (TSX: FVL) has announced that in connection with its previously announced best efforts private placement offering, the company and Paradigm Capital Inc., have agreed to increase the size of the offering.

The company will now issue up to 42,492,000 units of the company at a price of C$0.85 per unit for total gross proceeds of up to C$36,500,700. Each unit will be comprised of one common share of the company and one half of one common share purchase warrant of the company.

Each Warrant will be exercisable to acquire one common share of the company for 24 months from the closing date at an exercise price of C$1.30 per warrant share. The warrants shall be callable by the company should the daily volume-weighted average trading price of the common shares of the company on the Toronto Stock Exchange exceed C$1.30 for a period of 20 consecutive trading days, at any time during the period (i) beginning on the date that is six months from the closing date of the offering, and (ii) ending on the date the warrants expire.

Following a call trigger, the company may give notice to the holders of the warrants that any warrant that remains unexercised by the holder thereof shall expire 30 days following the date on which the call notice is given.

To find out more, please visit www.freegoldventures.com

To read more articles like this, please visit www.theassay.com/news

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – March 18, 2025) – Metavista3D Inc. (TSXV :DDD) (FSE: E3T) (“Metavista3D” or the “Company”) announced the company’s CEO, and CTO are set to unveil its pioneering technology through a series of exclusive events across Germany and Switzerland. Renowned for its innovative strides in 3D technology, Metavista3D invites industry leaders, innovators, and tech enthusiasts to witness firsthand the potential of its advanced developments.

Presenting a Vision of the Future

At these strategic Meet & Greet events, Dr. Rolf-Dieter Naske, the mind behind Metavista3D’s groundbreaking technology, will join forces with the company’s CEO, Jeffrey Carlson. Together, they will introduce this patented technology, which stands out for its unprecedented capability to transform visual experiences across various sectors. As noted by The Silicon Review, Metavista3D’s commitment to innovation has earned the company a place among the “Best Tech Companies to Watch 2025.”

“Metavista3D is more than just a technological venture; it’s a bridge to the future,” said Jeff Carlson. “Our dedication to excellence and innovation assures us a leading position in redefining 3D technology for industries worldwide.”

An Invitation to Discover

Kicking off in Hamburg on March 31 and concluding in Zürich on April 4, Metavista3D offers attendees the opportunity to engage directly with their visionary team. Each event will run from 10:00 to 14:00, providing ample time for in-depth insights, discussions, and networking over a luncheon break.

Attendees will gain a comprehensive overview of Metavista3D’s cutting-edge projects. The events also illuminate the company’s strategic edge in cost-efficient production, guided by an experienced management team and backed by a significant cash treasury.

Although space is limited, those interested in attending can apply via link, Showcase Application with a company representative following up with further details within 24 hours. This five-city tour marks a pivotal moment for Metavista3D as it seeks to fortify its presence and showcase its commitment to elevating technological standards.

For those keen on exploring innovation in 3D technology, these events offer an unparalleled glimpse into the future Metavista3D is charting in the tech landscape.

About Metavista3D

Metavista3D Inc., through its wholly owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo-holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. For more information, visit and

Metavista3D’s shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T.

Metavista3D’s ISIN number is CA59142H1073 and German WKN number is A3EG0D.

ON BEHALF OF THE BOARD OF DIRECTORS

Jeff Carlson
CEO and Director
E: …
T: (647) 697-9199

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward-Looking Information:

This news release contains forward-looking statements including but not limited to statements regarding the Company’s business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. 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 statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.

To view the source version of this press release, please visit

SOURCE: Metavista3D, Inc.

MENAFN18032025004218003983ID1109330104