Category: Canada

More than half of Canadian renters plan to buy. So what’s stopping them?

New data shows that although more than half of Canadian renters say they spend more than a third of their net income on rent, many are seriously considering purchasing a home sooner rather than later.

However, there are factors holding them back.

“Affordability has improved and we wanted to understand if that had impacted the attitude of renters towards making a move from being a tenant to an owner,” says CEO of Royal LePage Phil Soper.

“We did find that 54 per cent of those polled did want to move into owned housing.”

According to the 2025 Canadian Renters Report, 54 per cent of those currently renting their homes this year plan to purchase a property in five years or less, with one-third of those respondents saying they plan to do so within the next two years.

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At the same time, many of those who plan to buy say they’re still waiting to jump into the market. This may raise the question — what are they waiting for, exactly?

Of those renters who said they were considering purchasing a home within the next few years, 40 per cent said they were waiting for property prices to decline, while 29 per cent said they were waiting on further interest rate cuts by the Bank of Canada.

The central bank’s overnight, or benchmark, interest rate remains at 2.75 per cent, as it has since April with the economy overall taking a cautious approach amid the trade war brought on by U.S. President Donald Trump’s tariff policies.


Click to play video: 'Ground broken on new development to bring 230 affordable homes to Calgary'


Ground broken on new development to bring 230 affordable homes to Calgary


“Waiting rarely, rarely works out well…it’s very rare to see home prices decline,” says Soper.

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“Home prices don’t come down. Just like overall cost of living rises over time, so does the cost of housing, and you shouldn’t try to time house prices like you’re getting into timing a stock on the Toronto Stock Exchange.”

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For other Canadians surveyed, it may be less about timing the market and more about being priced out of it altogether.

Of those surveyed who currently rent but are looking to purchase within the next five years, more than 25 per cent said the reason they haven’t made a purchase yet was that they couldn’t qualify for financing or a mortgage.

There are multiple reasons why a bank or other lender may deny a loan, like a mortgage, to someone, including a poor credit score, but if that isn’t the case, often it comes down to an insufficient down payment or a household income that is too low to support the monthly payments.

The government of Canada recommends saving personal funds for a down payment on a home between five and 20 per cent of the purchase price, but that varies depending on the price of that home and other factors.


Click to play video: 'Canada to accelerate affordable housing with $25 billion investment, Carney says'


Canada to accelerate affordable housing with $25 billion investment, Carney says


Many renters may not be able to save enough every month to reach their goals in addition to monthly rent costs.

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The survey results showed that of all renters nationally, 30 per cent said they had to reduce their contributions to savings, retirement or both in order to afford their rent payments.

“It takes sacrifices to live in cities and pay rents or pay mortgages, and I think therein lies one of the challenges with living in a country like Canada where we have a structural housing shortage, we don’t have enough homes for our growing population,” says Soper.


“Rent and mortgage payments are high if you want to live in the most vibrant cities with the most employment opportunities.”

Prime Minister Mark Carney campaigned on several affordability measures, including lowering some income taxes and providing GST relief for first-time buyers.

Sales in Canada have already started to rise, as the Canadian Real Estate Association reports that in May, there was a 3.6 per cent increase in the number of units sold, signalling that many buyers who had been waiting took the plunge into the real estate market last month.

The Leger survey, commissioned by Royal LePage, polled more than 1,800 Canadian renters over the age of 18 between June 2 and 9, and included those in major cities such as Vancouver, Edmonton, Calgary, Winnipeg, Toronto, Ottawa-Gatineau, Sherbrooke, Que., Quebec City and Montreal.

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ChatGPT Bullish on $XRP and $SHIB – But Snorter Token Emerges as the Next Big Trading Bot

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

ChatGPT has predicted the end-of-year prices of three major cryptocurrencies: XRP, Shiba Inu, and Bitcoin Cash.

The AI chatbot believes that $XRP can hit a high of $15, almost 600% up from its current price of $2.15. This could be thanks to increasing $XRP adoption and possible ETF approvals.

Recently, the Ontario Securities Commission (OSC) approved the launch of a spot XRP ETF on the Toronto Stock Exchange (TSX). Also, the SEC is expected to approve an $XRP ETF in the US as well.

Plus, around 2,700 wallets now hold more than 1M $XRP, which is the highest level of adoption seen to date. This shows increasing global corporate interest in the Ripple-based payment crypto.

Keep reading to find out GPT’s predictions for the other two tokens, our take on its predictive abilities, and why, despite being a good option for research, it doesn’t stack up to trading tools like Snorter Token, arguably the most powerful sniping bot on the market.

ChatGPT on Shiba Inu & Bitcoin Cash

ChatGPT believes Shiba may hit $0.00008–$0.00012 by the end of the year. The asset is currently trading at $0.00001160, which means it would see a 10x rise according to GPT’s prediction.

While it may seem steep, increasing adoption of Shiba’s Layer 2 solution, Shibarium, alongside token burn events may propel the coin to new highs.

On the other hand, GPT has made a more modest prediction for Bitcoin Cash ($BCH), expecting it to reach around $1,200-$1,500 by the end of 2025, a 3x increase from the current price of $464.

$BCH has already moved more than 30% in the last 2 months, showing good bullish momentum. So, it’s absolutely possible for the asset to close the year somewhere near to ChatGPT’s predictions.

While the predicted numbers may seem outrageous to some, they aren’t exactly unfathomable.

Crypto markets are known for their crazy directional moves, and with several bullish legislative and institutional signals flaring up, ChatGPT’s predictions may prove to be pretty accurate.

ChatGPT delivers fairly accurate price predictions on top crypto assets, sometimes.

Here’s the kicker: while ChatGPT can provide pretty educated price analysis based on current market trends and sentiment, it can’t execute trades on your behalf, let alone keep you safe from any dangers that come with trading meme coins.

That’s where Snorter Bot, powered by the Snorter Token, becomes a sight to behold.

What is Snorter Token?

Snorter Token ($SNORT) is the crypto behind Snorter Bot, a new Telegram-based trading bot that aims to provide retail meme coin degens a level playing field alongside whales and institutions.

Snorter’s biggest selling point stands in its advanced trading tools and its ability to snipe the best meme coins as soon as they’re listed on exchanges.

This is a game-changing feature because early snipes are usually the ones that capture massive gains before the broader market tags along.

Another huge benefit of using Snorter Bot is low trading fees.

Snorter Bot vs. other crypto trading bots.

Unlike the competition, such as Banana Gun and Bonk Bot, which charge a minimum of 1%, Snorter Bot clamps it down to just 0.85%. Thanks to this, you’ll retain more of your profits when trading.

How Snorter Bot Keeps You Safe from Scams and Attacks

Snorter Bot’s security is top of the ladder, too. For starters, your swaps are routed through a private Solana RPC infrastructure, which ensures priority execution and front-running protection.

Additionally, the bot will protect you against honeypots and scams by checking every token before allowing trades. It will automatically block those that exhibit signs of malicious activity.

Snorter Bot also uses MEV-resistant relays, which will safeguard you against sandwich attacks.

For those unaware, sandwich attacks are incredibly dangerous and used by malicious actors to exploit price slippage, which ends up costing you more per transaction.

Is $SNORT the Best Crypto to Buy Now?

According to our $SNORT price prediction, the Snorter Token could be the next crypto to explode, seeing as it’s expected to surge 3,290% and reach $3.25 by 2030.

Much of this growth is down to Snorter’s trading features and tight security, which will keep the $SNORT token in high demand. However, we must also consider the potential of the overall crypto trading bot market.

It was valued at a whopping $1.2B in 2023. More importantly for our analysis, it’s expected to reach $4.5B by 2030, with a CAGR of 15.6%.

Snorter Token ($SNORT) presale showing over $1M raised.

Another reason for Snorter’s exponential growth would be its Telegram roots. After all, it’s an insanely popular platform among traders, who make up a fair chunk to its 950M active monthly users.

So, in addition to giving you access to one of the best trading bots going around, buying $SNORT could also prove to be a good crypto flip once the token presale ends.

Because the Snorter Token is currently in presale, prices are still low. One token sells for just $0.0957, and the project has so far raised over $1.1M in early investor funding.

To learn more about the project, check out its whitepaper. You can also join its X and Instagram channels for regular updates and communication.

Disclaimer: While there’s no second-guessing $SNORT’s value proposition, bear in mind that investments in crypto are subject to market risks. Always do your own research before investing. This article isn’t financial advice.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Southern Cross Gold (ASX:SX2) Advances Global Reach with TSX Listing Approval

Highlights

  • Southern Cross Gold (ASX:SX2) has received conditional approval to list on the Toronto Stock Exchange

  • The company continues to its ASX listing and operates within the ASX 300 and All Ordinaries indices

  • Sunday Creek Project underscores dual-metal value with gold and antimony mineralization

Southern Cross Gold Consolidated Ltd (ASX:SX2) operates within the materials sector, a presence on the ASX 300 and the broader All Ordinaries of the Australia share market. The company has announced receipt of conditional approval to graduate from the TSX Venture Exchange to a listing on the Toronto Stock Exchange, a move that aligns with its growing strategic significance in the global mining landscape. SX2 will retain its listing on the ASX, allowing Australian market participants continued exposure to its performance.

TSX Listing Approval and Strategic Dual-Market Access

The conditional listing on the Toronto Stock Exchange expands Southern Cross Gold’s visibility within North American markets. This development reflects the growing relevance of SX2’s primary asset, the Sunday Creek Project, located north of Melbourne. Final listing on the TSX remains contingent upon standard procedural requirements, after which the company will delist from the TSX Venture Exchange and commence trading on the TSX under the symbol SXGC.

Sunday Creek Project and Mineral Profile

The Sunday Creek Gold-Antimony Project represents a significant exploration and development effort focused on a high-grade dual-metal system. Situated in a region known for its mineral-rich geology, the project features a unique “Golden Ladder” structure. This pattern of mineralization has been tracked from surface to over a kilometer underground, extending along a multi-kilometre strike.

The combined presence of gold and antimony sets Sunday Creek apart. Antimony, which has gained geopolitical significance following export restrictions from key producers, adds strategic weight to the project’s output. While gold remains the dominant economic driver, the antimony content offers an additional layer of relevance, particularly in the context of defense and technology applications.

Positioning Within Global Critical Mineral Supply Chains

Southern Cross Gold has drawn increased attention due to its inclusion in the United States Defense Industrial Base Consortium and its alignment with legislative updates under the AUKUS framework. These developments position SX2 as a contributor to Western supply chains for critical materials, especially antimony. With key metals like antimony now prioritized for domestic sourcing by multiple governments, Sunday Creek’s dual-metal structure places it in a favorable supply position.

Exploration Activity and Land

The company controls a sizable free land package in the Sunday Creek area, which supports long-term exploration and operational flexibility. An extensive drill program, expected to progress through the third quarter of 2025, reflects ongoing efforts to define and expand the resource base. Drilling to date has yielded consistently mineralized intercepts, strengthening the project’s geological continuity.

Technical Attributes and Metallurgical Efficiency

Initial metallurgical assessments at Sunday Creek have demonstrated favorable characteristics for conventional processing. The mineralization is classified as non-refractory, which supports efficient gold recovery via gravity separation and flotation techniques. These processing efficiencies contribute to the feasibility of long-term extraction while maintaining a lower environmental and operational footprint.

Dividend Relevance Within Corporate Framework

Although Southern Cross Gold remains primarily focused on exploration and project development, its presence in indices like the ASX 300 and All Ordinaries places it among companies often observed for future generating. Entities within these indices are frequently monitored in relation to asx dividend stocks, particularly as they progress toward operational maturity and production phases.

Market and Expansion Path

Southern Cross Gold’s advancements underline a broader trend in the resource sector toward securing diversified listings and engaging cross-jurisdictional bases. The TSX approval and ongoing development at Sunday Creek reinforce the company’s alignment with structural shifts in critical mineral demand and the importance of secure, scalable exploration assets across politically stable jurisdictions.

This Analyst Who Called XRP’s 600% Rally Just Made Another Bold Price Prediction

The XRP
price
has entered a consolidation phase following its 600% surge in 2024,
currently trading at almost $2.16 as of Thursday, June 19, 2025. This
represents a slight decline of 0.11% in the past 24 hours, with the
cryptocurrency maintaining relative stability amid broader market uncertainty.

The
current XRP news landscape is dominated by ongoing settlement
discussions between Ripple and the SEC, creating a complex environment for
price movement analysis.

Moreover, the most up-to-date XRP price predictions for 2025 and beyond suggest that the crypto may soon end current consolidation and reach a new ATH.

XRP price
today reflects a market in transition, with the cryptocurrency
demonstrating resilience despite geopolitical tensions and regulatory
uncertainty. The token has maintained its position above the crucial $2.00
psychological support level, even as trading volumes fluctuate significantly
across major exchanges.

For one
XRP, the current price on Binance is $2.1545, and the price is moving within an
increasingly narrow range between the 50 and 200 EMAs.

XRP/USDT price today. Source: Tradingview.com

Recent
price action shows XRP trading within a narrow range between $2.15 and $2.35,
with technical indicators suggesting continued sideways movement.

The MACD indicator
displays a flat trend, indicating neither strong buying nor selling pressure in
the immediate term. This consolidation pattern follows months of price
stability after the dramatic rally that began in late 2024.

Trading
data reveals substantial volume spikes on certain exchanges, with Coinbase
experiencing an extraordinary 29,140.38% increase in XRP/USD trading volume,
reaching $246.20 million. This unusual activity coincides with increased
speculation around potential XRP exchange -traded fund approvals and
institutional accumulation patterns.

Technical Analysis Shows
XRP Chart Becoming Crowded

Technical
analysis reveals XRP has formed a symmetrical triangle pattern, suggesting a
potential breakout in either direction, though the timing and magnitude remain
uncertain.

Based on my
review of the XRP/USDT chart, the price is moving within a time- and
price-limited wedge (or triangle) pattern, with the lower boundary aligning
with the 200 EMA almost from the very beginning. The 50 EMA currently runs
through the middle of the channel, acting as a local resistance, while the
upper boundary is defined by a series of lower highs formed since this year’s
peak. A breakout from this formation, either upward or downward, could allow
XRP to regain some momentum.

XRP technical analysis. Source: Tradingview.com

Key support
levels are established at $1.79, with analysts noting that a break below this
threshold could trigger additional selling pressure and weaken the current
bullish outlook. Conversely, resistance sits at $2.34, where a decisive
break could signal the beginning of a new upward trend.

Related: XRP Price Could Reach $8 in 2025, According to Latest XRP/USDT Technical Prediction

XRP Price Prediction
Outlook Suggest Another Leg Up

The XRP
price prediction landscape presents mixed signals as the cryptocurrency
navigates through its current consolidation phase.

However, crypto
analyst Michael XBT, who accurately predicted XRP’s previous 600% rally,
suggests the cryptocurrency may be approaching the end of its sideway movement.
His analysis indicates XRP has been consolidating for seven months following
its massive surge, and the next major move could align with broader market
developments.

“Last year, I shared an XRP prediction that helped many ordinary people become millionaires.

The cabal didn’t like it.

They tried to stop me in various ways.

Yesterday, I posted another XRP prediction..

I wouldn’t be surprised if they try to stop me again when it plays out,” he commented.

Short-term
price predictions from various analysts suggest:

Regulatory Developments
and SEC Settlement Impact

The
ongoing Ripple vs SEC case continues to be a primary driver of XRP
price sentiment and market dynamics. Recent developments indicate both parties
are actively pursuing a settlement that could fundamentally alter XRP’s
regulatory landscape.

On June 17,
Ripple filed a Supplemental Letter urging Judge Analisa Torres to acknowledge
the negotiated settlement terms. The company emphasized that the SEC’s
commitment to provide “clear rules of the road” for the crypto
industry supports their request for settlement acknowledgment. This development represents a
significant shift from the adversarial relationship that has characterized the
case since 2020.

The
settlement discussions involve reducing Ripple’s penalty from $125 million to
$50 million and lifting the permanent injunction that restricts institutional
XRP sales. Legal expert Bill Morgan suggests that if the SEC and Ripple
obtain the indicative ruling they’re seeking, the matter could be concluded
within several weeks.

The June
16 deadline for SEC status reports has passed, with the regulator
requesting an additional 60-day extension until August 15, 2025. This
extension allows more time for settlement negotiations while keeping the
appeals process on hold.

You may also like: Kiyosaki Predicts Bitcoin at $1 Million by 2030 as Economic Crisis Looms. How High Can BTC Price Go?

Market Factors Influencing
XRP Price Movement

Several
interconnected factors are currently influencing XRP price dynamics
beyond the regulatory landscape. The broader cryptocurrency market sentiment,
measured by the Fear & Greed Index at 48, indicates neutral territory with
total market capitalization at $3.26 trillion.

ETF
speculation has emerged as a significant catalyst for XRP trading
activity. Purpose Investments reportedly plans to launch Canada’s first spot
XRP ETF on June 18, 2025, listed on the Toronto Stock Exchange under ticker
XRPP3. Additionally, the SEC faces
deadlines on October 18 and 19 to make decisions on proposed XRP-based ETFs
from Grayscale and 21Shares.

Institutional
activity patterns suggest growing accumulation, with Ripple moving 498 million
XRP worth approximately $270 million to unknown wallets, stirring speculation
about strategic positioning. This movement coincides with increased
on-chain engagement and rising investor participation metrics.

The ISO
20022 standard implementation timeline also presents potential catalysts,
with the U.S. Federal Reserve’s Fedwire Funds Service scheduled to complete its
migration on July 14, 2025. This technical upgrade could enhance XRP’s
utility in cross-border payment systems.

Long-term Price
Projections and Market Outlook

Extended XRP
price prediction models present varying scenarios based on different
adoption and regulatory outcomes. Changelly forecasts suggest XRP could reach
minimum prices of $54.48 by January 2034 and maximum levels of $89.64 by
December 2034.

More
conservative projections from Telegaon align closely with Changelly’s
estimates, suggesting consistency among major forecasting platforms. These
long-term predictions assume continued growth in cross-border payment adoption
and favorable regulatory environments.

Scenario analysis indicates:

  • Bullish case: Favorable settlement outcome
    and ETF approvals could drive prices toward $5-8 range by 2026
  • Base case: Continued consolidation with
    gradual appreciation to $3-5 range over 12-18 months
  • Bearish case: Adverse regulatory outcomes
    could pressure prices toward $1.60-2.00 support levels

How High Can XRP Price Go?

The XRP
price currently reflects a market in equilibrium, balancing regulatory
uncertainty against growing institutional interest and technical consolidation
patterns. At $2.16, XRP maintains critical support levels while awaiting
catalysts that could drive the next significant price movement.

Key factors
to monitor include the SEC settlement resolution timeline, ETF approval
decisions, and broader cryptocurrency market sentiment. The combination of
reduced trading volumes and tight price ranges suggests a period of
accumulation before the next major trend emerges.

Market
participants should focus on the August 15 SEC status report deadline and any
developments in the settlement negotiations, as these factors will likely
determine XRP’s near-term price trajectory. The cryptocurrency’s ability to
maintain current support levels while regulatory clarity emerges will be
crucial for sustained price appreciation.

The XRP
price
has entered a consolidation phase following its 600% surge in 2024,
currently trading at almost $2.16 as of Thursday, June 19, 2025. This
represents a slight decline of 0.11% in the past 24 hours, with the
cryptocurrency maintaining relative stability amid broader market uncertainty.

The
current XRP news landscape is dominated by ongoing settlement
discussions between Ripple and the SEC, creating a complex environment for
price movement analysis.

Moreover, the most up-to-date XRP price predictions for 2025 and beyond suggest that the crypto may soon end current consolidation and reach a new ATH.

XRP price
today reflects a market in transition, with the cryptocurrency
demonstrating resilience despite geopolitical tensions and regulatory
uncertainty. The token has maintained its position above the crucial $2.00
psychological support level, even as trading volumes fluctuate significantly
across major exchanges.

For one
XRP, the current price on Binance is $2.1545, and the price is moving within an
increasingly narrow range between the 50 and 200 EMAs.

XRP/USDT price today. Source: Tradingview.com

Recent
price action shows XRP trading within a narrow range between $2.15 and $2.35,
with technical indicators suggesting continued sideways movement.

The MACD indicator
displays a flat trend, indicating neither strong buying nor selling pressure in
the immediate term. This consolidation pattern follows months of price
stability after the dramatic rally that began in late 2024.

Trading
data reveals substantial volume spikes on certain exchanges, with Coinbase
experiencing an extraordinary 29,140.38% increase in XRP/USD trading volume,
reaching $246.20 million. This unusual activity coincides with increased
speculation around potential XRP exchange -traded fund approvals and
institutional accumulation patterns.

Technical Analysis Shows
XRP Chart Becoming Crowded

Technical
analysis reveals XRP has formed a symmetrical triangle pattern, suggesting a
potential breakout in either direction, though the timing and magnitude remain
uncertain.

Based on my
review of the XRP/USDT chart, the price is moving within a time- and
price-limited wedge (or triangle) pattern, with the lower boundary aligning
with the 200 EMA almost from the very beginning. The 50 EMA currently runs
through the middle of the channel, acting as a local resistance, while the
upper boundary is defined by a series of lower highs formed since this year’s
peak. A breakout from this formation, either upward or downward, could allow
XRP to regain some momentum.

XRP technical analysis. Source: Tradingview.com

Key support
levels are established at $1.79, with analysts noting that a break below this
threshold could trigger additional selling pressure and weaken the current
bullish outlook. Conversely, resistance sits at $2.34, where a decisive
break could signal the beginning of a new upward trend.

Related: XRP Price Could Reach $8 in 2025, According to Latest XRP/USDT Technical Prediction

XRP Price Prediction
Outlook Suggest Another Leg Up

The XRP
price prediction landscape presents mixed signals as the cryptocurrency
navigates through its current consolidation phase.

However, crypto
analyst Michael XBT, who accurately predicted XRP’s previous 600% rally,
suggests the cryptocurrency may be approaching the end of its sideway movement.
His analysis indicates XRP has been consolidating for seven months following
its massive surge, and the next major move could align with broader market
developments.

“Last year, I shared an XRP prediction that helped many ordinary people become millionaires.

The cabal didn’t like it.

They tried to stop me in various ways.

Yesterday, I posted another XRP prediction..

I wouldn’t be surprised if they try to stop me again when it plays out,” he commented.

Short-term
price predictions from various analysts suggest:

Regulatory Developments
and SEC Settlement Impact

The
ongoing Ripple vs SEC case continues to be a primary driver of XRP
price sentiment and market dynamics. Recent developments indicate both parties
are actively pursuing a settlement that could fundamentally alter XRP’s
regulatory landscape.

On June 17,
Ripple filed a Supplemental Letter urging Judge Analisa Torres to acknowledge
the negotiated settlement terms. The company emphasized that the SEC’s
commitment to provide “clear rules of the road” for the crypto
industry supports their request for settlement acknowledgment. This development represents a
significant shift from the adversarial relationship that has characterized the
case since 2020.

The
settlement discussions involve reducing Ripple’s penalty from $125 million to
$50 million and lifting the permanent injunction that restricts institutional
XRP sales. Legal expert Bill Morgan suggests that if the SEC and Ripple
obtain the indicative ruling they’re seeking, the matter could be concluded
within several weeks.

The June
16 deadline for SEC status reports has passed, with the regulator
requesting an additional 60-day extension until August 15, 2025. This
extension allows more time for settlement negotiations while keeping the
appeals process on hold.

You may also like: Kiyosaki Predicts Bitcoin at $1 Million by 2030 as Economic Crisis Looms. How High Can BTC Price Go?

Market Factors Influencing
XRP Price Movement

Several
interconnected factors are currently influencing XRP price dynamics
beyond the regulatory landscape. The broader cryptocurrency market sentiment,
measured by the Fear & Greed Index at 48, indicates neutral territory with
total market capitalization at $3.26 trillion.

ETF
speculation has emerged as a significant catalyst for XRP trading
activity. Purpose Investments reportedly plans to launch Canada’s first spot
XRP ETF on June 18, 2025, listed on the Toronto Stock Exchange under ticker
XRPP3. Additionally, the SEC faces
deadlines on October 18 and 19 to make decisions on proposed XRP-based ETFs
from Grayscale and 21Shares.

Institutional
activity patterns suggest growing accumulation, with Ripple moving 498 million
XRP worth approximately $270 million to unknown wallets, stirring speculation
about strategic positioning. This movement coincides with increased
on-chain engagement and rising investor participation metrics.

The ISO
20022 standard implementation timeline also presents potential catalysts,
with the U.S. Federal Reserve’s Fedwire Funds Service scheduled to complete its
migration on July 14, 2025. This technical upgrade could enhance XRP’s
utility in cross-border payment systems.

Long-term Price
Projections and Market Outlook

Extended XRP
price prediction models present varying scenarios based on different
adoption and regulatory outcomes. Changelly forecasts suggest XRP could reach
minimum prices of $54.48 by January 2034 and maximum levels of $89.64 by
December 2034.

More
conservative projections from Telegaon align closely with Changelly’s
estimates, suggesting consistency among major forecasting platforms. These
long-term predictions assume continued growth in cross-border payment adoption
and favorable regulatory environments.

Scenario analysis indicates:

  • Bullish case: Favorable settlement outcome
    and ETF approvals could drive prices toward $5-8 range by 2026
  • Base case: Continued consolidation with
    gradual appreciation to $3-5 range over 12-18 months
  • Bearish case: Adverse regulatory outcomes
    could pressure prices toward $1.60-2.00 support levels

How High Can XRP Price Go?

The XRP
price currently reflects a market in equilibrium, balancing regulatory
uncertainty against growing institutional interest and technical consolidation
patterns. At $2.16, XRP maintains critical support levels while awaiting
catalysts that could drive the next significant price movement.

Key factors
to monitor include the SEC settlement resolution timeline, ETF approval
decisions, and broader cryptocurrency market sentiment. The combination of
reduced trading volumes and tight price ranges suggests a period of
accumulation before the next major trend emerges.

Market
participants should focus on the August 15 SEC status report deadline and any
developments in the settlement negotiations, as these factors will likely
determine XRP’s near-term price trajectory. The cryptocurrency’s ability to
maintain current support levels while regulatory clarity emerges will be
crucial for sustained price appreciation.

Southern Cross Gold Moves Toward TSX Listing | ASX 300 & All Ordinaries Mining Update

Highlights

  • Southern Cross Gold (SX2) secures conditional nod for TSX main board listing

  • Shares to remain listed on ASX, part of the ASX 300 and All Ordinaries indices

  • No shareholder action required as TSX transition progresses

Southern Cross Gold (ASX:SX2), a mining company listed on both the ASX 300 and the all ordinaries, has confirmed it has received conditional acceptance for an upgrade from the TSX Venture Exchange to the Toronto Stock Exchange. The move reflects the company’s pursuit of broader market visibility while continuing its established presence in Australia through the Australian Securities Exchange.

TSX Listing Approval and Planned Transition

The planned transition to the TSX remains subject to standard documentation completion. Once finalized, the shares will begin trading on the TSX under the new symbol SXGC, and the delisting from the TSX Venture Exchange will follow. Despite the change in Canadian market platforms, SX2 will retain its listing on the ASX. Shareholders will not be required to make any changes, and both the trading symbol and CUSIP are expected to remain consistent.

ASX and All Ordinaries Positioning

Southern Cross Gold continues to trade as part of both the ASX 300 and all ordinaries, indicating its standing within the broader spectrum of the Australian share market. These indices encompass a wide range of companies across sectors, and inclusion the company meets specific trading volume and capitalisation benchmarks. Mining plays a substantial role in these indices, highlighting the relevance of companies like SX2 within the Australian economic landscape.

Cross-Market Strategy for Broader Visibility

The dual listing framework that includes the ASX and TSX may provide SX2 with added presence across two of the most active mining jurisdictions globally. This strategy is commonly seen among resource exploration firms aiming to reflect operations in both Australia and North America. With both exchanges facilitating substantial activity in natural resource equities, this shift aligns with prevailing industry structures.

Operational Continuity and Shareholder Clarity

The company has stated there is no requirement for any shareholder action during this transition phase. Existing structures such as account, symbol reference, and identification numbers remain unaffected by the Canadian listing shift. The final commencement date for TSX trading will be communicated upon completion of the required documentation steps.

Maintaining ASX Presence During TSX Expansion

Despite the Canadian listing adjustment, SX2 retains its position in the Australian share market, reinforcing its domestic activity. The ASX remains the home exchange for Southern Cross Gold, and its continued inclusion in the all ordinaries provides broad market exposure to Australian participants. SX2’s focus on gold exploration aligns with one of the core industries represented on the ASX.

Sector Integration and Listing Developments

Mining remains a foundational component within Australia’s key indices, including the all ordinaries and ASX 300. Southern Cross Gold’s ongoing inclusion in these indices consistent activity within its operational segment. The planned TSX main board listing represents an administrative shift rather than a strategic relocation, supporting a broader dual-market alignment strategy.

Synchrocare Expands Franchise Program to Missouri, Opening New Pathways in the Growing Medical Device Market


Synchrocare Expands Franchise Program to Missouri, Opening New Pathways in the Growing Medical Device Market – Toronto Stock Exchange News Today – EIN Presswire

























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PDMR Exercise and Grant of Options

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Calgary, Alberta–(Newsfile Corp. – June 19, 2025) – Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) (“Arrow” or the “Company”), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces the exercise of stock options, by certain Directors and Persons Discharging Managerial Responsibilities (PDMRs) (the “Exercise”). These options were exercised due to reaching their expiration date.

Option Exercise

The Exercise was accepted by the Company on June 17, 2025 and holders elected to use a “cashless” exercise of options. Using this method, which is permissible under the terms of the Company’s share option plan, as approved as a resolution by shareholders 27 September 2024, the Company pays the option holder the value of the option (volume weighted average trading price less strike price) from cash reserves. Accordingly, no new shares were issued for the option exercise.

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A summary of the options exercised is as follows:

Options Exercised Strike Price Volume Weighted Average Trading Price
Gage Jull 300,000
750,000
505,000
CAD 0.05
CAD 0.13
CAD 0.28
CAD 0.4229
Marshall Abbott 133,333
816,668
527,222
CAD 0.28
CAD 0.13
CAD 0.28
CAD 0.4229
Ravi Sharma 83,333
333,334
144,444
CAD 0.26
CAD 0.13
CAD 0.28
CAD 0.4229
Anthony Zaidi 333,333
144,444
CAD 0.13
CAD 0.28
CAD 0.4229
Grant Carnie 333,333 CAD 0.26 CAD 0.4229
Ian Langley 333,333 CAD 0.33 CAD 0.4229
Joe McFarlane 300,000
750,000
505,000
CAD 0.05
CAD 0.13
CAD 0.28
CAD 0.4229
Total 6,292,778

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About Arrow Exploration Corp.

Arrow Exploration Corp. (operating in Colombia via a branch of its 100% owned subsidiary Carrao Energy S.A.) is a publicly traded company with a portfolio of premier Colombian oil assets that are underexploited, under-explored and offer high potential growth. The Company’s business plan is to expand oil production from some of Colombia’s most active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin. The asset base is predominantly operated with high working interests, and the Brent-linked light oil pricing exposure combines with low royalties to yield attractive potential operating margins. By way of a private commercial contract with the recognized interest holder before Ecopetrol S.A., Arrow is entitled to receive 50% of the production from the Tapir block. The formal assignment to the Company is subject to Ecopetrol’s consent. Arrow’s seasoned team is led by a hands-on executive team supported by an experienced board. Arrow is listed on the AIM market of the London Stock Exchange and on TSX Venture Exchange under the symbol “AXL”.

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Forward-looking Statements

This news release contains certain statements or disclosures relating to Arrow that are based on the expectations of its management as well as assumptions made by and information currently available to Arrow which may constitute forward-looking statements or information (“forward-looking statements”) under applicable securities laws. All statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results or developments that Arrow anticipates or expects may, could or will occur in the future (in whole or in part) should be considered forward-looking statements. In some cases, forward-looking statements can be identified by the use of the words “continue”, “expect”, “opportunity”, “plan”, “potential”, “may” and “will” and similar expressions. The forward-looking statements contained in this news release reflect several material factors and expectations and assumptions of Arrow, including without limitation, Arrow’s expectation of the normal course issuer bid discussed herein, the available uses of capital, , the potential of Arrow’s Colombian and/or Canadian assets (or any of them individually), the prices of oil and/or natural gas, and Arrow’s business plan to expand oil and gas production and achieve attractive potential operating margins. Arrow believes the expectations and assumptions reflected in the forward-looking statements are reasonable at this time, but no assurance can be given that these factors, expectations, and assumptions will prove to be correct.

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The forward-looking statements included in this news release are not guarantees of future performance and should not be unduly relied upon. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

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This Announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (“UK MAR”).

Details of the person discharging managerial responsibilities / person closely associated
Name Gage Jull
Reason for the notification
Position/status Director, Executive Chairman
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  300,000 CAD 0.05  
  750,000 CAD 0.13  
  505,000 CAD 0.28  
Aggregated information 1,555,000 at an average exercise price of CAD 0.16
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

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Details of the person discharging managerial responsibilities / person closely associated
Name Marshall Abbott
Reason for the notification
Position/status Director, CEO
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  133,333 CAD 0.28  
  816,668 CAD 0.13  
  527,222 CAD 0.28  
Aggregated information 1,477,223 at an average exercise price of CAD 0.20
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

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Details of the person discharging managerial responsibilities / person closely associated
Name Ravi Sharma
Reason for the notification
Position/status Director
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  83,333 CAD 0.26  
  333,333 CAD 0.13  
  144,444 CAD 0.28  
Aggregated information 561,111 at an average exercise price of CAD 0.19
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

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Details of the person discharging managerial responsibilities / person closely associated
Name Anthony Zaidi
Reason for the notification
Position/status Director
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  333,334 CAD 0.13  
  144,444 CAD 0.28  
Aggregated information 477,778 at an average exercise price of CAD 0.18
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

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Details of the person discharging managerial responsibilities / person closely associated
Name Grant Carnie
Reason for the notification
Position/status Director
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  333,333 CAD 0.26  
Aggregated information 333,333 at an average exercise price of CAD 0.26
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

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Details of the person discharging managerial responsibilities / person closely associated
Name Ian Langley
Reason for the notification
Position/status Director
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  333,333 CAD 0.33  
Aggregated information 333,333 at an average exercise price of CAD 0.33
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

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Details of the person discharging managerial responsibilities / person closely associated
Name Joe McFarlane
Reason for the notification
Position/status CFO
Initial notification / Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Arrow Exploration Corp.
LEI 9845000FDF0856QD9031
Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conduct
Description of the Financial instrument, type of instrument identification code Stock Options
(ISN:CA04274P1053)
Nature of the Transaction Cashless exercise of options
Price(s) and volume(s)
  Options Exercise Price  
  300,000 CAD 0.05  
  750,000 CAD 0.13  
  505,000 CAD 0.28  
Aggregated information 1,555,000 at an average exercise price of CAD 0.16
Date of the transaction June 17, 2025
Place of the transaction Outside a trading venue

NOT FOR RELEASE, DISTRIBUTION, PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256010

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Nexgold Infill Drilling Intersects 1.60 G/T Gold Over 36.80 Metres At The Goldboro Gold Project

(MENAFN– GlobeNewsWire – Nasdaq) TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — NexGold Mining Corp. ( TSXV: NEXG; OTCQX: NXGCF) (“ NexGold ” or the“ Company ”) is pleased to provide an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Gold Project in Nova Scotia (“ Goldboro ”). The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The drilling is progressing well with two active diamond drills. The drilling is anticipated to be completed at the end of Q2 with final assays flowing in through the middle of Q3.

The assay results for an additional 11 infill diamond drill holes (BR-25-476, 480, 484, 487, 490, 493, 496, 499, 504, 507 and 512), totalling 3,063.00 metres, were from drilling in the proposed west pit (Figure 1; Table 1).

Kevin Bullock, President and CEO, stated:“With the 25,000-metre diamond drill program nearly complete and as we continue to receive assay data, we are encouraged by the results and their potential to positively impact the planned Mineral Resource update by providing more confidence through increased data density in certain areas of the deposit and the potential to add more mineralization in previously under-sampled intervals. Populating the Mineral Resource with additional geological and assay data will provide the basis of the planned Feasibility Study update. The Feasibility Study update will be ongoing while we await the final decision on the Nova Scotia Industrial Approval for the Project, having recently received the Notice of Completion regarding the Company’s Industrial Approval application – a significant milestone in the permitting of the Goldboro Gold Project. Both permitting and technical studies are well aligned for timing a construction decision in 2026.”

Selected drill intersections from 11 diamond drill holes in this release include:

  • 1.60 g/t gold over 36.80 metres (from 271.20 to 308.0 metres) including 53.57 g/t gold over 0.60 metres in drill hole BR-25-504;

  • 0.83 g/t gold over 32.55 metres (from 234.50 to 267.05 metres) including 6.00 g/t gold over 1.60 metres in drill hole BR-25-504;

  • 0.61 g/t gold over 21.80 metres (from 209.00 to 230.80 metres), including 6.06 g/t gold over 0.60 metres in drill hole BR-25-507;

  • 0.91 g/t gold over 12.30 metres (from 238.60 to 250.90 metres), including 1.42 g/t gold over 7.20 metres in drill hole BR-25-507;

  • 2.47 g/t gold over 4.65 metres (from 266.55 to 271.20 metres), including 9.55 g/t gold over 1.00 metre in drill hole BR-25-484; and

  • 3.36 g/t gold over 3.60 metres (from 205.40 to 209.00 metres), including 14.70 g/t gold over 0.80 metres in drill hole BR-25-484.

The Company has now released 42 drill holes (approximately 30% of the proposed program) from the infill program. Results from the drill program to date for the drilling conducted in the proposed west pit demonstrate the presence of mineralization that is consistent with previous drill results. In particular, the existing geological model appears to broadly predict the location of gold mineralization with local adjustments to the model where mineralization is either not in the exact positions predicted by the model or if no mineralization is intersected. Significantly, the drill program continues to intersect additional gold mineralization in areas where no mineralization was previously known or predicted. This occurs either in under-drilled areas or near historic drilling which were not thoroughly sampled. Mineralized solids will be adjusted where necessary to account for local variations in the model, and any impact due to additional assay data gathered during the drill program will be investigated during the forthcoming Mineral Resource estimate planned during H2 2025.

Figure 1: Plan map showing the location of the 11 diamond drill holes in this release



Table 1: Locations and orientations for 11 drill holes in this release.

Drill hole Easting Northing Elevation
(m)
Length
(m)
Azimuth Inclination
BR-25-476 606390.4 5006636.1 66.1 284.0 180 -48
BR-25-480 606426.1 5006629.3 68.1 301.0 180 -48
BR-25-484 606487.2 5006615.7 69.0 308.0 180 -50
BR-25-487 606519.5 5006576.8 66.8 235.0 180 -64
BR-25-490 606581.5 5006613.8 67.7 226.0 180 -47
BR-25-493 606581.5 5006613.8 67.7 241.0 180 -56
BR-25-496 606632.9 5006611.0 60.9 278.0 180 -59
BR-25-499 606633.8 5006563.3 62.0 311.0 180 -61
BR-25-504 606629.7 5006525.2 61.6 308.0 180 -62
BR-25-507 606699.8 5006543.7 64.4 302.0 177 -55
BR-25-512 606699.8 5006543.7 64.4 269.0 177 -65

Notes:

  • Drill hole locations reported as Universal Transverse Mercator NAD83 Zone 20 coordinates.

  • Some drill hole numbers are missing from the sequence. These drill holes are not reported in this press release since they were drilled in another location and will be reported in a separate release with other contiguous or related drilling information.

  • Drill holes BR-25-466 to 475, 479, 498 and 501 were reported in previous press releases dated May 16 and June 5, 2025.

  • Drill holes BR-25-477, 478, 481 to 483, 486, 489, 491, 495, 502, 505, 508, 510, 513, 518, 520, 522, and 524 were reported in a previous press release dated June 13, 2025.

    Table 2: Highlighted drill intersections from 11 drill holes

    Drill hole From (m) To (m) Length (m) Au g/t
    BR-25-476 124.00 127.10 3.10 2.06
    including 126.50 127.10 0.60 8.81
    and 181.80 182.30 0.50 0.76
    and 198.00 200.60 2.60 0.75
    and 209.00 209.50 0.50 1.34
    and 237.85 242.40 4.55 1.37
    including 239.00 241.40 2.40 3.40
    and 275.00 275.50 0.50 1.50
    BR-25-480 128.50 129.00 0.50 2.39
    and 159.70 162.70 3.00 1.33
    including 161.70 162.70 1.00 3.49
    and 223.40 226.00 2.60 0.90
    and 236.50 245.40 8.90 0.23
    and 258.80 261.82 3.02 2.12
    including 259.80 260.30 0.50 7.28
    and 267.82 268.82 1.00 1.14
    and 279.20 282.00 2.80 2.24
    including 281.00 282.00 1.00 4.36
    and 293.34 294.70 1.36 1.25
    BR-25-484 145.70 146.70 1.00 1.97
    and 201.00 202.00 1.00 2.54
    and 205.40 209.00 3.60 3.36
    including 205.40 206.20 0.80 14.70
    and 246.60 247.20 0.60 1.10
    and 253.00 254.65 1.65 0.59
    and 266.55 271.20 4.65 2.47
    including 269.20 270.20 1.00 9.55
    and 67.00 75.00 8.00 0.62
    including 73.00 74.00 1.00 3.35
    BR-25-487 90.50 91.50 1.00 0.56
    and 169.60 170.60 1.00 0.58
    BR-25-490 17.00 18.00 1.00 0.98
    and 26.00 27.00 1.00 1.41
    and 116.50 117.00 0.50 0.59
    and 190.50 200.00 9.50 0.18
    BR-25-493 199.00 199.50 0.50 4.50
    BR-25-496 62.00 63.00 1.00 0.90
    and 148.00 150.00 2.00 1.07
    and 233.00 234.00 1.00 2.42
    BR-25-499 36.50 38.00 1.50 0.54
    and 86.10 87.10 1.00 0.84
    and 115.50 119.50 4.00 0.96
    including 115.50 116.00 0.50 5.72
    and 157.50 158.00 0.50 9.04
    and 171.00 172.00 1.00 3.68
    and 175.80 176.30 0.50 2.10
    and 191.50 194.00 2.50 1.17
    and 279.70 285.00 5.30 0.49
    BR-25-504 33.40 34.10 0.70 1.98
    and 100.70 101.20 0.50 0.55
    and 110.00 112.50 2.50 1.92
    including 110.00 110.50 0.50 9.33
    and 120.50 121.00 0.50 9.87
    and 138.25 139.50 1.25 1.38
    and 178.60 182.70 4.10 1.20
    including 180.80 181.70 0.90 4.18
    and 198.90 199.50 0.60 1.20
    and 234.50 267.05 32.55 0.83
    including 234.50 236.10 1.60 6.00
    and 271.20 308.00 36.80 1.60
    including 278.00 278.60 0.60 53.57
    BR-25-507 21.40 22.10 0.70 0.64
    and 54.00 54.50 0.50 0.57
    and 76.80 80.00 3.20 0.43
    including 76.80 77.30 0.50 2.07
    and 86.25 87.60 1.35 1.71
    and 156.50 157.00 0.50 0.62
    and 159.40 161.40 2.00 0.56
    and 173.50 174.00 0.50 2.00
    and 189.80 190.30 0.50 1.06
    and 209.00 230.80 21.80 0.61
    including 219.40 220.00 0.60 6.06
    and 238.60 250.90 12.30 0.91
    including 238.60 245.80 7.20 1.42
    and 264.15 268.00 3.85 0.59
    and 300.50 301.00 0.50 0.72
    BR-25-512 80.50 81.00 0.50 0.53
    and 181.00 191.00 10.00 0.46
    and 197.00 197.50 0.50 1.73
    and 259.10 261.40 2.30 1.02
    and 265.30 266.45 1.15 1.30

    Notes:

  • Reported intervals are drilled core lengths and do not indicate true widths. True widths are estimated at between 50-100% of core length. For duplicate samples, the original sample assays are used to calculate the intersection grade. All grades are uncapped.

  • Some drill hole numbers are missing from the sequence. These drill holes are not reported in this press release since they were drilled in another location and will be reported in a separate release with other contiguous or related drilling information.

  • Drill holes BR-25-466 to 475, 479, 498 and 501 were reported in previous press releases dated May 16 and June 5, 2025.

  • Drill holes BR-25-477, 478, 481 to 483, 486, 489, 491, 495, 502, 505, 508, 510, 513, 518, 520, 522, and 524 were reported in a previous press release dated June 13, 2025.

    Technical Disclosure and Qualified Persons

    QA / QC

    The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The NQ diameter drill core is sawn in half with one-half of the core sample dispatched to either Eastern Analytical Ltd. (Eastern) preparation facility in Springdale, Newfoundland and Labrador or the ALS Canada Ltd. (ALS) prep lab in Moncton, NB and then the pulp is sent to North Vancouver, BC for fire assay. The other half of the core is retained for future assay verification and/or metallurgical testing. Analysis for gold was completed by fire assay (30 g) with an AA finish. All assays in this press release are reported as fire assays only.

    For samples analyzing greater than 0.5 g/t Au via 30 g fire assay, these samples will be re-analyzed at Eastern via total pulp metallics. For the total pulp metallics analysis, the entire sample is crushed to -10mesh and pulverized to 95% -150mesh. The total sample is then weighed and screened to 150mesh. The +150mesh fraction is fire assayed for Au, and a 30 g subsample of the -150mesh fraction analyzed via fire assay. A weighted average gold grade is calculated for the final reportable gold grade. Total pulp metallics assays for drill holes sited within this press release may be updated in a future news release. Check assays are conducted at Eastern for assay samples received from ALS and check assays are conducted at ALS for assays received from Eastern following the completion of a program.

    Other QA/QC procedures include the regular insertion of blanks and CDN Resource Laboratories certified reference standards. The laboratory also has its own QA/QC protocols running standards and blanks with duplicate samples in each batch stream for all analysis.

    Paul McNeill, P.Geo., VP Exploration of NexGold, is considered a“Qualified Person” for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and has reviewed and approved the scientific and technical disclosure contained in this news release on behalf of NexGold.

    About NexGold Mining Corp.

    NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. NexGold’s Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) is located in Northwestern Ontario and its Goldboro Gold Project is located in Nova Scotia. NexGold also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and meaningful dialogue with regional communities and Indigenous Nations throughout the life of all our Projects and on all aspects, including creating sustainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting community wellbeing.

    Further details about NexGold, including a Prefeasibility Study for the Goliath Gold Complex and a Feasibility Study for the Goldboro Gold Project, are available under the Company’s issuer profile on and on NexGold’s website at .

    Contact: Kevin Bullock
    President & CEO
    (647) 388-1842

    Orin Baranowsky
    Chief Financial Officer
    (647) 697-2625

    Neither 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.

    Cautionary Note Regarding Forward-Looking Information

    This news release contains or incorporates by reference“forward-looking information” within the meaning of applicable Canadian securities legislation and“forward-looking statements” within the meaning of applicable U.S. securities laws. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking information including, but not limited: to information as to the Company’s strategic objectives and plans; timing and results of drilling activities; potential for upgrading mineral resources; expected initiatives to be undertaken by management of the Company in identifying exploration opportunities; and timing of advancement and completion of technical studies. Generally, forward-looking information is characterized by the use of forward-looking terminology such as“plans”,“expects” or“does not expect”,“is expected”,“budget”,“scheduled”,“estimates”,“forecasts”,“intends”,“is projected”,“anticipates” or“does not anticipate”,“believes”,“targets”, or variations of such words and phrases. Forward-looking information may also be identified in statements where certain actions, events or results“may”,“could”,“should”,“would”,“might”,“will be taken”,“occur” or“be achieved”.

    Forward-looking information involve known or unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from those projected by such forward-looking statements. Such factors include, among others: the plan for, and actual results of, current exploration activities; expectations relating to future exploration, development and production activities as well as growth potential for NexGold’s operations; risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; reliance on third-parties, including governmental entities, for mining activities; the ability of NexGold to complete further exploration activities, including drilling at the Goliath Gold Complex and Goldboro deposits; the ability of the Company to obtain required approvals; the results of exploration activities; risks relating to mining activities; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of mineral resources, production and cost estimates; health, safety and environmental risks; worldwide demand for gold and base metals; gold price and other commodity price and exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of acquisitions; ability to access sufficient capital from internal and external sources; changes in legislation, including but not limited to tax laws, royalties and environmental regulations; and those factors described in the Management’s Discussion and Analysis for the year ended December 31, 2024 of the Company and in the Company’s most recent disclosure documents filed under its SEDAR+ profile at . Although management of the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented to assist shareholders in understanding the Company’s the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information contained herein, except in accordance with applicable securities laws.

    A photo accompanying this announcement is available at

    MENAFN19062025004107003653ID1109695748

    Simon Hall and Michelle De Biolley Join Caldwell, Strengthening Firm’s Board & CEO and Financial Services Practices

    TORONTO, ON AND LONDON, UK / ACCESS Newswire / June 19, 2025 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced that Simon Hall and Michelle De Biolley have joined the firm, bolstering Caldwell’s capabilities in board governance and financial services leadership. Hall joins as a partner and key member of the firm’s Board & CEO and Financial Services practices, while De Biolley joins as a partner in the Financial Services Practice.

    Simon Hall joins Caldwell as a Partner in the Board & CEO and Financial Services practices, bringing over 30 years of global executive search and board advisory experience.

    Hall brings more than 30 years of experience advising boards and senior executive teams on leadership strategy, succession planning, and executive search. He has worked extensively with global and boutique investment banks, private equity firms, and financial institutions, placing top-tier talent in CEO, board, and senior leadership roles. His ability to understand the nuances of the sector and connect organizations with exceptional leadership has made him a trusted advisor in the industry. Prior to joining Caldwell, Hall founded and led Stonehaven International, a London-based boutique executive search firm specializing in financial services and board governance. He also previously served as global managing partner at Heidrick & Struggles, where he played a pivotal role in doubling the revenues of the firm’s global financial services practice.

    “Simon’s arrival represents a major step forward in the continued evolution of our Board and CEO Practice,” said Jay Millen, leader of Caldwell’s Board and CEO Practice. “His deep experience in board governance, coupled with his proven ability to identify and place transformative leadership talent, will be invaluable to our clients. I look forward to working alongside him as we continue to strengthen our capabilities and provide unparalleled service to boards and executive teams worldwide.”

    Michelle de Biolley joins Caldwell as a Partner in the Financial Services Practice, bringing deep expertise in executive search across investment banking, private banking, and private equity.

    De Biolley brings more than two decades of experience in executive search and leadership advisory across investment banking, private banking, and private equity. She began her career in banking, working in project finance and M&A, and has since served as a trusted advisor to financial institutions across Europe. She is also trained as a business and executive coach, bringing a well-rounded, relationship-driven approach to her work with clients and candidates alike.

    “Simon and Michelle bring an incredible track record of success in executive search, particularly in financial services and board governance,” said Chris Beck, CEO of Caldwell. “Their expertise, client-first approach, and history of delivering transformational leadership solutions align perfectly with Caldwell’s values and commitment to quality. Their joining is an exciting development as we continue to invest in world-class talent to meet the evolving needs of our clients.”

    Hall commented, “Joining Caldwell is a tremendous opportunity to expand our impact on behalf of clients around the world. The firm’s collaborative culture, global reach, and commitment to excellence create a powerful platform for delivering exceptional leadership solutions. I’m thrilled to be working alongside such a talented and forward-thinking team.”

    ​​About Caldwell

    Caldwell is a leading retained executive search firm connecting clients with transformational talent. Together with IQTalent, we are a technology-powered talent acquisition firm specializing in recruitment at all levels. Through the two distinct brands – Caldwell and IQTalent- the firm leverages the latest innovations in AI to offer an integrated spectrum of services delivered by teams with deep knowledge in their respective areas. Services include candidate research and sourcing through to full recruitment at the professional, executive and board levels, as well as a suite of talent strategy and assessment tools that can help clients hire the right people, then manage and inspire them to achieve maximum business results.

    Caldwell’s common shares are listed on The Toronto Stock Exchange (TSX:CWL) and trade on the OTCQX Market (OTCQX:CWLPF). Please visit our website at www.caldwell.com for further information.

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    For further information, please contact:

    Caroline Lomot

    Vice President, Marketing & Communications

    Caldwell

    clomot@caldwell.com

    +1 516 830 3535

    SOURCE: Caldwell Partners International, Inc.

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