Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has completed its previously announced offering of $500 million in 7% senior notes due 2030, as part of a broader refinancing strategy.
The proceeds will be used to finance the purchase of the company’s outstanding 5% senior notes due 2026 that were validly tendered under a concurrent cash tender offer, and to cover related fees and expenses.
Shares in e.l.f. Beauty Inc (NYSE:ELF) surged 25% after it snapped up Hailey Bieber's 'rhode' skincare brand in a deal that could reach $1 billion.
The brand, launched in 2022 and named after Bieber's middle name, has grown quickly through online popularity and TikTok buzz, generating over $200 million in sales in the past year. It is set to expand into Sephora stores across the US and UK.
Synchronoss Technologies Inc (NASDAQ:SNCR) announced it has been added to the US small-cap Russell 2000 Index as part of the 2025 annual reconstitution of Russell indexes.
The company’s inclusion will take effect after markets open on June 30 and will remain in place for one year.
Fineqia International Inc (CSE:FNQ, OTC:FNQQF) has brought global fund administrator Apex Group on board to handle back-office operations for its European arm, Fineqia AG, as the digital asset firm looks to scale up its crypto-backed exchange-traded products (ETPs) across Europe.
The deal, which kicked off in December through Apex’s Malta office, will see the fund administrator provide key services like accounting and net asset value (NAV) calculations.
Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) posted a net income of $165 million for 2024, up more than 15-fold from the prior year, as higher metal prices and operational efficiencies bolstered the Canadian miner’s financial performance.
Revenue rose 13% to $283 million, while gross profit surged 1,670% to $57 million. Adjusted EBITDA jumped 200% to $53 million, the company said in a statement on Wednesday.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has reported its detailed post-well evaluation results from the State 36-2R well at its Paradox project in Utah.
The company said estimated ultimate gas recovery from the well (over its lifespan) is in the range of 4 billion to 6 billion cubic feet, plus 160,000 to 240,000 barrels of condensate.
Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF)has secured a major feedstock supply contract with Glencore International AG, covering up to 50% of the cobalt hydroxide needs for its Kwinana Cobalt Refinery (KCR) over an initial three-year term.
This is a key milestone in de-risking the project and progressing towards a final investment decision, while establishing COB as a strategic player in the global cobalt supply chain. The KCR is expected to become Australia’s first cobalt sulphate refinery, aligned with national critical minerals strategies and global electric vehicle (EV) market demand.
Altech Batteries Ltd (ASX:ATC, OTC:ALTHF) has welcomed an independent technology comparison study that assessed its CERENERGY® sodium chloride solid state (SCSS) battery against established alternatives including lithium-ion, sodium-sulphur and vanadium flow batteries.
Commissioned as part of Altech’s funding strategy and due diligence planning, the study was undertaken by global energy storage specialist DNV, which is recognised as one of the sector’s leading technical advisors.
Simon Linge has been appointed President of the Association for the Battery Recycling Industry (ABRI). The Livium Ltd (ASX:LIT, OTC:LMMFF) managing director and CEO will lead ABRI’s efforts to foster collaboration across industry and government, aiming to advance a safe, sustainable and globally competitive battery recycling sector.
Linge sees the appointment as a strategic opportunity to influence long-term industry value and outcomes.
Ionic Rare Earths Ltd (ASX:IXR, OTC:IXRRF)has secured firm commitments to raise A$3 million (before costs) via a convertible note issue, subject to shareholder approval. The funds will be used to advance the company’s rare earth projects in the United Kingdom, United States, Brazil and Uganda’s flagship Makuutu project, and for general working capital.
The convertible notes are set to convert into shares at a defined future date or at the discretion of the holder, with accompanying options offered in lieu of interest. Shareholder approval will be sought at an extraordinary general meeting (EGM) scheduled for July 2025.