Category: Canada

Saputo Reports Fourth Quarter and Fiscal 2025 Results

MONTRÉAL, June 05, 2025 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the fourth quarter and fiscal year ended on March 31, 2025. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS).

Commenting on full-year results, Carl Colizza, President and CEO, said: “Our performance in fiscal 2025 demonstrates the strength and resilience of our business. Over the past year, we made important strides in executing our strategy—driving efficiencies, delivering strong cash generation, and advancing our transformation initiatives across all regions. These efforts have positioned us well to navigate ongoing volatility while remaining focused on creating long-term value for our shareholders.

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TSX edges higher amid US-China trade talks and upcoming jobs data

Canada’s main stock index rose on Thursday amid choppy trading, as investors assessed news of U.S.-China tariff negotiations and awaited key jobs data from both home and the United States.

The Toronto Stock Exchange’s S&P/TSX composite index was up 0.1% at 26,358.00 points.

Chinese President Xi Jinping held talks with U.S. President Donald Trump by phone, the official Xinhua news agency reported on Thursday. It mentioned the phone talks were at Trump’s request but didn’t provide further details.

“The largest trading partner for the U.S. is China and the fact that Trump and President Xi are holding a call to discuss trade is a positive development, especially given the setbacks that we’ve seen recently”, said Ian Chong, portfolio manager at First Avenue Investment Counsel.

“While the focus looks positive, we still don’t know what’s going to happen because there could be a moment where people are more concerned about non-farm payroll and they might start taking some risk off the table.”

Employment figures from Canada and non-farm payrolls data from the U.S. are scheduled for Friday, which can help assess the impact of Trump’s trade policies on the labour market.

TSX flat as tariff uncertainty lingers; BoC holds key rate steady

Meanwhile data showed on Thursday, Canada’s trade deficit in April widened to an all-time high of a whopping C$7.1 billion ($5.2 billion), as tariffs imposed by Trump sucked out demand for Canadian goods from the United States.

The U.S. tariff hikes on steel and aluminum took effect on Wednesday, prompting concerns from Canadian companies and a major union of more job losses and lost sales.

On TSX, metal miners’ subindex gained nearly 2% as gold prices rose. Energy sector was up 0.5% after oil extended gains.

Conversely, information and technology stocks fell 1%, led by a 9% drop in Descartes after the parametric insurance specialist missed first-quarter result estimates.

Giftwood Real Estate Reveals New Branded Website Enhancing User Experience in Commercial Real Estate


Giftwood Real Estate Reveals New Branded Website Enhancing User Experience in Commercial Real Estate – Toronto Stock Exchange News Today – EIN Presswire

























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Jackpot Digital Signs Five Table Agreement with Win-River Resort & Casino

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Vancouver, British Columbia–(Newsfile Corp. – June 5, 2025) – Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (“Jackpot Digital” or the “Company”), a leading provider of dealerless electronic poker tables to the global gaming industry, is pleased to announce that it has signed an agreement (the “Agreement”) to install five of the Company’s Jackpot Blitz® dealerless poker machines at Win-River Resort & Casino (“Win-River”) located in Redding, California, USA. The installation is subject to all customary licensing and regulatory approvals.

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Win-River previously ordered three Jackpot Blitz® tables from the Company, but the order was cancelled due to GLI certification delays in 2022. With GLI certification now in place for Jackpot Blitz®, the order has been renewed and increased from three to five tables.

This increased order highlights the growing demand for Jackpot Digital’s innovative Jackpot Blitz® poker electronic table games (“ETGs”), reinforcing the Company’s leadership in dealerless poker ETGs. The expanded order also reflects Win-River’s confidence in the product’s ability to enhance its gaming experience and generate greater revenue for its casino operations.

“We are excited to re-engage with Win-River around our revolutionary dealerless poker ETGs,” said Jake Kalpakian, President and CEO of Jackpot Digital Inc. “We look forward to delivering five units to the Win-River property. We view our casino customers as partners and we will work hand-in-hand with Win-River to deliver an unmatched gaming experience to its players.”

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The Jackpot Blitz® is a fully automated dealerless poker ETG with a fast-paced and highly engaging 75″ touchscreen tabletop that combines the excitement of traditional poker with cutting-edge dealerless technology. It offers a range of betting options and allows for a seamless, efficient gaming experience, appealing to both seasoned players and newcomers alike.

To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below:

Cannot view this video? Visit:
https://www.youtube.com/watch?v=Ok313WD5NpI

In addition to Jackpot’s cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the U.S. growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, as well as several international jurisdictions.

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About Jackpot Digital Inc.

Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.

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About Win River Resort & Casino

Win-River Resort & Casino in Redding, California, is a Native American gaming facility owned and operated by the Redding Rancheria. It offers a wide range of entertainment, including 751 slot machines, table games, bingo, and live entertainment. The resort also features a hotel, restaurants, and an outdoor pool.

On behalf of the Board of Jackpot Digital Inc.

“Jake H. Kalpakian”
_____________________________
Jake H. Kalpakian
President & CEO

Trading in the securities of the Company should be considered speculative.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

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.

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Certain statements contained herein are “forward-looking”. Forward-looking statements may include, among others, statements regarding Jackpot’s future plans, the obtaining ofcustomary regulatory approvals, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as “may”, “would”, “could”, “will”, “likely”, “enable”, “feel”, “seek”, “project”, “predict”, “potential”, “should”, “might”, “objective”, “believe”, “expects”, “propose”, “anticipate”, “intend”, “plan”, “plans” “estimate”, “in due course” and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.

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NexGold Infill Drilling Intersects 11.87 g/t Gold Over 6.1 Metres and 3.77 g/t Gold Over 9.1 Metres at the Goldboro Gold Project


NexGold Infill Drilling Intersects 11.87 g/t Gold Over 6.1 Metres and 3.77 g/t Gold Over 9.1 Metres at the Goldboro Gold Project – Toronto Stock Exchange News Today – EIN Presswire


















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Premier American Uranium to Acquire Nuclear Fuels, Creating One of America’s Largest Pure-Play Uranium Explorers


Premier American Uranium to Acquire Nuclear Fuels, Creating One of America’s Largest Pure-Play Uranium Explorers – Toronto Stock Exchange News Today – EIN Presswire


















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Giyani Announces Board Update


Giyani Announces Board Update – Toronto Stock Exchange News Today – EIN Presswire




















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Olympia Financial Group Inc. Announces June Dividend

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Calgary, Alberta–(Newsfile Corp. – June 4, 2025) – Olympia Financial Group Inc. (TSX: OLY) announces that its Board of Directors has declared a monthly cash dividend on its common shares of $0.60 per common share. The dividend will be payable on June 30, 2025, to shareholders on record as at June 19, 2025. The ex-dividend date is also June 19, 2025.

Olympia Financial Group Inc. designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Please contact your tax advisor if you have any questions with regards to the designation of the eligible dividend.

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About Olympia Financial Group Inc.

Olympia Financial Group Inc. (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc., and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc.

OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.

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Pacific Ridge Closes Oversubscribed Financing Raises Over $3.0M For Follow Up Drill Program At The RDP Copper-Gold Project

(MENAFN– Newsfile Corp)
Vancouver, British Columbia–(Newsfile Corp. – June 4, 2025) – Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) (“Pacific Ridge” or the “Company”) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement (the “Offering”) raising a total of $3,064,988.91.

Proceeds from the Offering will be used for a follow up drill program at the Company’s 100% owned RDP copper-gold project (“RDP”) and for general working capital. Drill hole RDP 22-005 returned 107.2 m of 1.39% copper equivalent* (“CuEq”) or 2.06 g/t gold equivalent**(“AuEq”) (0.63% copper, 1.10 g/t gold, and 2.91 g/t silver) within 497.2 m of 0.66% CuEq* or 0.97 g/t AuEq** (0.37% copper, 0.40 g/t gold, and 1.60 g/t silver)(see news release dated October 25, 2022). RDP is located at the southern end of the Toodoggone District in northcentral British Columbia, approximately 40 km west of the Company’s flagship Kliyul copper-gold project (see Figure 1).

“We would like to thank everyone that participated in the Offering,” said Blaine Monaghan, President & CEO of Pacific Ridge. “We are excited to go back to RDP and follow up on drill hole RDP 22-005, which returned one of B.C.’s highest-grade porphyry copper-gold intervals in 2022.”

Figure 1
Location of RDP and Pacific Ridge’s Other Copper-Gold Porphyry Projects




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

In this second tranche, the Company issued 15,184,494 units (“Units”) at a price of $0.14 per Unit for gross proceeds of $2,125,829.16 and 3,561,292 critical mineral flow-through units (“FT Units”) at a price of $0.17 per FT Unit for gross proceeds of $605,419.64. In the first tranche (see news release dated March 28, 2025), the Company issued 1,632,430 Units for gross proceeds of $228,540.20 and 618,823 FT Units for gross proceeds of $105,199.91.

Each Unit is comprised of one common share of the Company and one common share purchase warrant (“Warrant”). Each FT Unit is comprised of one common share of the Company issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share”) and one Warrant. Proceeds from the sale of the FT Units will be used for “Canadian critical minerals exploration expenses” at Pacific Ridge’s B.C. projects. These expenditures will qualify as “critical mineral flow-through mining expenditures” within the meaning of the Income Tax Act (Canada).

In this second tranche of the Offering, each Warrant is exercisable to purchase one additional non-flow-through common share at an exercise price of $0.20 on or before June 4, 2028. The securities are subject to a hold period ending on October 5, 2025. The Company paid finder’s fees totalling $55,572.26 and issued 373,872 finder warrants in connection with the second tranche of the Offering. Each finder warrant is exercisable to purchase one common share at an exercise price of $0.20 on or before June 4, 2028. The Offering and payment of finder’s fees are subject to TSX Venture Exchange acceptance.

An insider of the Company subscribed for an aggregate 100,000 FT Units in this tranche of the Offering. Such participation is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the Offering by the insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Pacific Ridge

Our goal is to become B.C.’s leading copper exploration company. Pacific Ridge’s flagship asset is its 100% owned Kliyul copper-gold project, located in the Quesnel terrane close to existing infrastructure. In addition to Kliyul, the Company’s project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in British Columbia. Pacific Ridge would like to acknowledge that its B.C. projects are located in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak’azdli Whut’en, Takla Nation, and Tsay Keh Dene Nation.

On behalf of the Board of Directors,

“Blaine Monaghan”

Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.

Investor Relations:
Tel: (604) 687-4951
Email: …
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*CuEq = ((Cu%) x $Cu x 22.0462) + (Au(g/t) x AuR/CuR x $Au x 0.032151) + (Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Cu x 22.0462).

**AuEq = ((Au(g/t) x $Au x 0.032151) + ((Cu%) x CuR/AuR x $Cu x 22.0462) + (Ag(g/t) x AgR/CuR x $Ag x 0.032151)) / ($Au x 0.032151).

Commodity prices: $Cu = US$3.25/lb, $Au = US$1,800/oz., and Ag = US$20.00/oz.

There has been no metallurgical testing on RDP mineralization.

The Company estimates copper recoveries (CuR) of 84%, gold recoveries (AuR) of 70%, and silver recoveries (AgR) of 65% based on average recoveries from Kemess Underground, Mount Milligan, and Red Chris.

Factors: 22.0462 = Cu% to lbs per tonne, 0.032151 = Au g/t to troy oz per tonne, and 0.032151 = Ag g/t to troy oz per tonne.

The technical information contained within this News Release has been prepared under the supervision of, and reviewed and approved by. Danette Schwab, P.Geo., Vice President Exploration of the Company, and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

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.

Forward-Looking Information: This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, are forward-looking statements. Forward looking statements in this news release include plans to drill RDP. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions; that at least one of the options will be exercised; that Pacific Ridge and other parties will be able to satisfy stock exchange and other regulatory requirements in a timely manner; that TSXV approval will be granted in a timely manner subject only to standard conditions; that all conditions precedent to the Agreements will be satisfied in a timely manner; the availability of financing for Pacific Ridge’s proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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

SOURCE: Pacific Ridge Exploration Ltd.

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Hammond Power Solutions Earns 2025 Great Place to Work CertificationTM

The prestigious award is based entirely on what current employees say about their experience working at HPS across all Canada, USA, Mexico and India locations.
Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

GUELPH, ON (June 4, 2025) — Hammond Power Solutions (HPS), a leader in dry-type transformers and power quality solutions, is proud to be Certified™ by Great Place to Work® for the second consecutive year. The prestigious award is based entirely on what current employees say about their experience working at HPS across all Canada, USA, Mexico and India locations.

Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

“Earning this certification for a second time is a testament to our collective success,” said Adrian Thomas, Chief Executive Officer. “At HPS, we truly win together. Our inclusive, collaborative culture across all locations empowers every team member to contribute their best, and that shared commitment to excellence creates real results for our customers and communities.”

“Achieving this certification two years in a row demonstrates our unwavering commitment to our team members,” stated Catherine McKeown, Chief People Officer. “We continue to build on our foundation of putting people first, fostering a culture where employees feel valued, supported, and empowered to grow their careers. This commitment to our people remains a cornerstone of what makes HPS an exceptional place to work.”

According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

ABOUT HAMMOND POWER SOLUTIONS INC.

Hammond Power Solutions Inc. (“HPS” or the “Company”) enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. HPS’ standard and custom-designed products are essential and ubiquitous in electrical distribution networks through an extensive range of end-user applications. The Company has manufacturing plants in Canada, the United States (U.S.), Mexico and India and sells its products around the globe. HPS shares are listed on the Toronto Stock Exchange and trade under the symbol HPS.A.

Hammond Power Solutions – Energizing Our World

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