VANCOUVER, British Columbia, March 02, 2026 (GLOBE NEWSWIRE) -- Westhaven Gold Corp. (TSX-V: WHN) (OTCQB: WTHVF) (“Westhaven” or the “Company”) announces the appointments of Allison Rippin Armstrong as Vice President, Indigenous and Community Relations, and Pamela O’Hara as Vice President, Permitting and Government Affairs, effective April 1, 2026.
Aspo has completed the divestment of Leipurin to Lantmännen at an enterprise value of EUR 63 million.
ALMATY, Kazakhstan, March 02, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) today published its unaudited consolidated IFRS financial results for the quarter and fiscal year ended 31 December 2025 (“4Q & FY 2025” respectively).
Transaction Positions AES to Accelerate Growth as a Leading Clean Energy Platform Across the AmericasAES stockholders to receive $15.00 per share in cashTransaction represents a 40.3% premium to the 30-day volume weighted average share price prior to July 8, 2025, the last full day of trading prior to the first media report of a potential acquisitionAES to have increased financial flexibility as a private company to advance its strategy and meet the needs of its customers and communities with reliable, affordable and sustainable energy solutionsAcquisition to address AES' significant need for capital to support its growth beyond 2027; absent this transaction, funding for future growth investments would likely require a reduction or elimination of the dividend and/or significant new equity issuancesAES Indiana and AES Ohio will continue as locally operated and managed regulated utilitiesTransaction is expected to close in late 2026 or early 2027ARLINGTON, Va. and NEW YORK, and STOCKHOLM, March 2, 2026 /PRNewswire/ -- The AES Corporation (NYSE:AES) ("AES" or "the Company"), Global Infrastructure Partners ("GIP"), a part of BlackRock, and the EQT Infrastructure VI fund ("EQT"), along with co-underwriters California Public Employees' Retirement System ("CalPERS") and Qatar Investment Authority ("QIA") (collectively "the Consortium"), today announced they have entered into a definitive agreement under which the Consortium will acquire AES for $15.00 per share in cash, representing a total equity value of $10.7 billion and an enterprise value of approximately $33.4 billion1, including the assumption of existing debt. The transaction represents a 40.3% premium to the 30-day volume weighted average share price prior to July 8, 2025, the last full day of trading prior to the first media report of a potential acquisition. This transaction will better position AES to drive long-term growth across its business units, including regulated electric utilities and competitive clean energy in the U.S. and critical energy infrastructure assets in Latin America. The Consortium has deep experience investing in energy infrastructure businesses and shares AES' commitment to safety, affordability and customer service. With the support of the Consortium, AES will have improved access to capital to invest in critical energy infrastructure assets, deliver reliable energy solutions for its customers and create long-term value for all stakeholders, including its workforce and local communities.In the United States, AES' electric utilities in Indiana and Ohio are experiencing significant demand growth and remain focused on maintaining reliable service and affordable rates for all customers. As a private company, AES will continue to invest prudently in utility assets to meet the growing energy needs of all 1.1 million customers. AES Indiana and AES Ohio will remain locally operated and managed regulated utilities, with continued community commitment and investment.Through this acquisition, AES is expected to expand its leadership as a premier clean energy platform across the Americas. Underpinned by proven capabilities and one of the largest development pipelines in the industry, AES is the largest supplier of clean energy to corporations globally, including 11.8 GW of signed agreements to date to supply power to major technology firms.Under private ownership, AES will benefit from enhanced financial flexibility that will enable the Company to accelerate its growth strategy. The Consortium recognizes that AES' employees and capabilities are central to the Company's success and long-term value strategy and will support business continuity and stability with an emphasis on retaining and developing talent. In partnership with the management team, the Consortium will continue the Company's disciplined capital allocation strategy and consistent operational excellence across the diversified businesses. The Consortium also expects to maintain an investment grade profile aligned with the Company's financing strategy._______________________________1 Enterprise value based on proportional net debt of $22,724 million and a share count of 712 million, as of December 31, 2025. Consolidated net debt was $27,561 million as of December 31, 2025.Executive CommentaryJay Morse, Chairman of AES' Board of Directors, said, "Following a rigorous review of strategic options, the AES Board determined that this transaction with the Consortium maximizes value for stockholders and provides compelling cash value. We ran a robust process that included several parties and evaluated the transaction with the Company's standalone prospects in mind. AES has a significant need for capital to support growth beyond 2027, particularly given the significant new investments in both US generation and utilities businesses. In the absence of a transaction with the Consortium, the Company would likely require a plan that includes reduction or elimination of the dividend and/or substantial new equity issuances. After extensive work and deliberation, we concluded that this transaction is in the best interest of AES stockholders."Andrés Gluski, President and Chief Executive Officer of AES, said, "Over the course of our 45-year history of powering industries and shaping the future of energy, AES has built a diverse portfolio to meet the evolving power needs of our customers and communities. We believe this transaction maximizes value for existing stockholders and positions the Company for long-term success as we continue delivering on our commitments to customers, communities and ...Full story available on Benzinga.com
VANCOUVER, BC, March 2, 2026 /CNW/ - Cascadia Minerals Ltd. ("Cascadia") (TSXV:CAM) (OTCQB:CAMNF) is pleased to announce plans for the upcoming exploration season at its wholly owned Carmacks copper-gold project in central Yukon. Exploration Plan Highlights15,000 m of diamond drilling will be completed at the Carmacks Project, the largest diamond drill program on the property since 2007;Drilling will continue testing expansion of sulphide mineralization at the Carmacks Deposit, including step-outs on key 2025 intersections (Figure 1):Zone 147 – CD-25-033 returned 83.52 m of 0.89% copper with 0.26 g/t gold, including 26.33 m of 1.53% copper with 0.35 g/t gold;Zone 2000S – CD-25-040 returned 87.44 m of 0.63% copper with 0.15 g/t gold, including 21.27 m of 1.25% copper with 0.28 g/t gold; andZone 1213 – CD-25-035 returned 60.12 m of 0.84% copper with 0.16 g/t gold, including 25.20 m of 1.36 % copper with 0.25 g/t gold.Three targets located within 1 km of the Carmacks Deposit will be drill tested (Figure 1):Zone 14 – 2007 drilling returned 16.37 m of 1.04% copper in a parallel zone of mineralization 400 metres east of the main deposit that has not seen follow-up;Gap Zone – 2024 drilling returned 29.75 m of 0.50% copper in an area which has the potential to link the 147 and 2000S Zones and has seen limited drilling; andSourtoe target – Strong chargeability and magnetic target indicative of a parallel zone of mineralization west of the main deposit that has yet to be drill tested.Drilling at Zone A, 11 km north of the Carmacks Deposit, where drilling in 1980 returned 22.86 m of 2.27% copper with 2.20 g/t gold from 56.21 m (Figure 2); andAdditional IP and magnetic geophysical surveys to identify further targets both near-deposit and regionally across the 180 km2 property."We are excited to begin the largest diamond drill program at the Carmacks Deposit in almost two decades," said Graham Downs, President and CEO of Cascadia. "Key contracts and permits are in place and crews are slated to mobilize to site in late April. Continued review of historical data is highlighting numerous untested opportunities both proximal to the existing resource and regionally across the property. Work is also underway to initiate baseline environmental, engineering and metallurgical studies to support future updated economic analysis."Figure 1 – Carmacks Deposit MapFigure 2 – Carmacks Regional MapCascadia is exhibiting at the 2026 PDAC conference in Toronto, from March 1st to 4th. Cascadia has been selected to participate in the PDAC Core Shack, Booth #3106A, on March 1st and 2nd, and will have core from the 2025 Carmacks drill program on display. If you are unable to attend the core ...Full story available on Benzinga.com
With over 200 worldwide locations, Alsco Uniforms is a proven leader in the linen, uniform, and facility services industry SALT LAKE CITY, March 2, 2026 /PRNewswire/ -- Alsco Uniforms, a leading laundry and facility services provider, was recognized at the 2026 TRSA Industry Awards,...
Intersection includes 55.4 m of 1.96 g/t gold and 9.9 m of 3.22g/t goldDiscovery of additional Gold Mineralization expands 826 Zone at JubyAdditional Diamond Drill added at siteTORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- McFarlane Lake Mining Limited ("McFarlane" or the "Company") (CSE:MLM, OTC:MLMLF, FRA: W2Z)) is pleased to announce further results from its diamond drilling exploration campaign being conducted on its 100%-owned Juby Gold Project, located west of Gowganda, Ontario, within the southern part of the "Abitibi Greenstone Belt". Drilling was initiated in December 2025 on the property and commenced at the Company's 826 Zone and has now moved to the Golden Lake Zone, see Figure 1.HighlightsDrill hole GL 26-71 at Golden Lake has intersected 1.36 g/t gold over 95.4 metres, this includes 55.4 metres of 1.96 g/t gold and 9.9 metres of 3.22 g/t gold see Figure 2 and Tables 1 and 2.Drill hole GL 26-71 now expands the envelope of mineralization, which was outside the last mineral resource estimate (effective date September 29, 2025, see note below). Some assays on this hole are still pending. Another diamond drill hole, 100 metres to the southwest (GL 76-72), is currently being drilled to test an extension of this mineralization along strike. An additional 13 holes are planned at the Golden Lake Zone along strike in a southeast/northwest corridor.Drilling at 826 Zone has expanded the gold mineralization envelope, now stretching some 300 metres along strike. See Figures 3 and 4 and Tables 1 to 4."What we have intersected so early in the drill program is extremely encouraging", said Mark Trevisiol, CEO and Chairman of McFarlane, adding, "The intersection at Golden Lake significantly widens the mineralized envelope that defines the current mineral resource estimate. The additional discovery of gold at our 826 Zone introduces another mineralized area on the project, some 1.5 kilometres away from the existing mineral resource estimate. These discoveries further support how untested the Juby Gold Project remains with the potential to add significant gold mineralization with the aim of expanding gold resources."To help expedite drilling, McFarlane plans to add an additional diamond drill at site. The second drill is currently planned to commence drilling in the second week of March 2026. Drilling will focus on the Golden Lake deposit over the next 6 to 8 weeks, with subsequent drilling at the Juby deposit and potentially further drilling at the 826 Zone.In parallel, environmental baseline study work continues at site. Groundwater wells will be drilled at site around the Juby deposit in March. This work is a necessary part of gathering technical information for submittal to Ontario government ministries to support McFarlane's future application of extracting a bulk sample from the Juby deposit.Drilling being conducted at site is contracted through two separate firms each having a business partnership with 2 of the 3 first nation communities who have territorial rights on the property. There are three First Nation communities recognized as having territorial rights within the Juby Gold project, they include Matachewan First Nation, Temagami First Nation and Atikameksheng Anishnawbek First Nation.Figure 1 – Juby Gold Project - Plan View of Exploration Drilling program showing location of drill holes at Golden Lake, Juby and 826 Zones Figure 2 – Golden Lake Deposit Intersection - section looking NorthwestFigure 3- 826 Zone gold mineralized envelope – looking EastFigure 4 – 826 Zone – section looking NorthwestTable 1 – Golden Lake and 826 Zone interceptsAreaHole-IDFrom (m)To (m)Au gptWidth (m)True Width (m)Depth (m) GL26-71307.85353.000.7445.1536.0-260.1 Including315.55323.001.447.45 Golden Lake 371.00466.401.3695.4075.6-331.9 Including383.60439.001.9655.40 Including410.10420.003.229.90 489.35516.050.6826.7021.6-389.4 Including489.35494.202.014.95 JU8-26-14345.6583.000.6437.3532.8-54.4 Including47.0071.000.8124.00 Including47.0048.601.861.60 Including55.5071.000.9615.50 IncludingFull story available on Benzinga.com
/CNW/ - Geodrill Limited ("Geodrill" or the "Company") (TSX: GEO), a leading West African based drilling company, reported its financial results for the twelve...
TSX-V:V www.verderauranium.com VANCOUVER, BC, March 2, 2026 /PRNewswire/ - Verdera Energy Corp. (TSXV: V) ("Verdera" or the "Company") announced today the appointment of Mr. William M. Sheriff as Executive Chair and a Director of Verdera Energy Corp. Mr. Sheriff previously served as...
New research on future of bundling shows Americans turning on monthly streaming bills, calling for rewards for watching and even pay-per-minute TV New research on future of bundling shows Americans turning on monthly streaming bills, calling for rewards for watching and even pay-per-minute TV
True North Mortgage CEO Dan Eisner breaks down what the turmoil could mean for your home-buying or renewal decisions this year.
As the battle over prediction markets rages on, Mick Mulvaney is leading a new coalition that calls these platforms illegal gambling.