State-run banks are outperforming India's stock market, attracting foreign investment despite broader equity pullbacks. These lenders are showing stronger growth prospects and better valuations, with foreign investors increasing their stakes to multi-year highs. This resilience signals a reallocation towards steadier earnings, contrasting with tech sector outflows.
/CNW/ - LunR Royalties Corp. ("LunR", "LunR Royalties", or the "Company") (TSXV: LUNR) is pleased to announce that it has entered into a binding term sheet...
This beaten-down Canadian tech stock looks like a long-term buy because the business is still quietly compounding.The post 1 Magnificent Canadian Tech Stock Down 45% to Buy and Hold for Decades appeared first on The Motley Fool Canada.
VANCOUVER, BC, Feb. 22, 2026 /CNW/ - Lundin Gold Inc. (TSX:LUG) (Nasdaq Stockholm: LUG) (OTCQX:LUGDF) ("Lundin Gold" or the "Company") is pleased to announce that it has signed a binding term sheet with LunR Royalties Corp. ("LunR") for a proposed $670 million silver stream–for–equity transaction (the "Transaction"), based on the 20-day volume weighted average price ("VWAP") of the LunR shares on the TSX Venture Exchange ("TSXV") as of February 20, 2026. Under the terms of the Transaction, Lundin Gold will sell a silver stream on the Company's Fruta del Norte ("FDN") mine in Ecuador in exchange for newly issued shares of LunR. Upon closing of the Transaction, subject to compliance with all applicable laws, the LunR shares received by Lundin Gold (the "Consideration Shares") will be distributed to Lundin Gold shareholders as a dividend‐in‐kind as further described below, and Lundin Gold will not hold any LunR shares following completion of such distribution. PDF VersionStrategic RationaleUnlocks value from a minor silver by‐product. Silver currently represents 1–2% of total revenue and is forecast to contribute 500,000 to 600,000 ounces of payable silver in 2026.Delivers immediate value to shareholders through $670 million in LunR equity, based on the 20-day VWAP of the LunR shares on the TSXV as of February 20, 2026.Provides shareholders with meaningful ownership in LunR, enhancing exposure to a high‐growth royalty and metals streaming platform with significant optionality.Positions LunR as a cash‐flowing intermediate streaming company anchored by silver from a Tier‐1 asset.Brendan Creaney, Vice President Corporate Development and Investor Relations commented, "This proposed transaction allows us to unlock significant value for our shareholders while maintaining full gold exposure to the world-class Fruta del Norte mine. By converting a small by-product into an equity interest in a rapidly emerging royalty company, we are crystallizing value now and creating a new avenue of long-term value for our shareholders. LunR's participation in this transaction underscores their confidence in FDN's exceptional quality and its exploration potential to continue delivering silver for many years to come. LunR provides an exciting new royalty and streaming platform, with high quality assets, backed by a strong team. This proposed transaction presents a unique opportunity for our shareholders to participate as owners with direct exposure to both companies." Key Terms of the TransactionUpfront Consideration: LunR will issue 50,505,051 Consideration Shares to Lundin Gold on closing of the Transaction, having a value of approximately $670 million based on the 20-day VWAP of LunR's shares on the TSXV as of February 20, 2026, subject to the satisfaction of certain conditions as described below.Streamed Metal: Lundin Gold will sell 100% of the payable silver production of FDN until 12.2 million ounces have been delivered (the "First Dropdown Threshold"); Lundin Gold will then sell 50% of FDN's payable silver until an additional 7.8 million ounces have been delivered (the "Second Dropdown Threshold"); and thereafter, Lundin Gold will sell 7.5% of the payable silver for the remaining LOM.Ongoing Payments: Lundin Gold will receive payments equal to 10% of the spot price of silver at the time of each delivery for ounces delivered up to the First Dropdown Threshold; payments will then increase to 20% of the spot price for deliveries up to the Second Dropdown Threshold; and thereafter, payments will increase to 30% of the spot price for the remaining LOM.Stream Area: All mining concessions related to FDN's operations, totaling approximately 5,566 ha, are subject to the Stream. See figure 1.Effective Date: The Stream will be effective as of March 1, 2026.Intended Distribution of LunR SharesSubject to satisfactory completion of the closing conditions of the Transaction, as soon as reasonably practicable following the issuance of the Consideration Shares to Lundin Gold on closing of the Transaction, Lundin Gold will distribute all of the Consideration Shares to its shareholders ...Full story available on Benzinga.com
Credit card companies are changing reward systems. American Express is shifting to a milestone structure for its Platinum Travel Card. Other banks like ICICI Bank, SBI, and HDFC Bank are also adjusting perks. These changes require higher spending for benefits. Users must adapt their strategies for optimal card usage.
Investors are flocking to multi-asset funds, with new 'omni' and fund-of-funds (FoF) variants emerging. These newer offerings provide manager diversification and style diversification, along with favourable tax treatment. However, they lack exposure to foreign equities, limiting global diversification compared to traditional multi-asset funds.
Young Indians, particularly Gen Z, are facing a growing debt crisis. Easy digital loans and lifestyle demands are pushing them into significant debt. Many struggle to repay, leading to harassment and financial ruin. Experts highlight the need for responsible borrowing and financial literacy to navigate these challenges and avoid a widespread crisis.
The Wealth Company Asset Management, India's newest fund house, is making waves. CEO Madhu Lunawat is prioritizing distributor partnerships and understanding investor behavior. This approach aims to build trust and long-term investment. The company is also launching unique schemes like an Ethical Fund. Their strategy focuses on education and merit-based investments in a growing market. She talks on fixing distribution gaps, resisting hype and building a performance-led fund house, in conversation with Kayezad E. Adajania.
Investors are flocking to multi-asset funds, with new 'omni' and fund-of-funds (FoF) variants emerging. These newer offerings provide manager diversification and style diversification, along with favourable tax treatment. However, they lack exposure to foreign equities, limiting global diversification compared to traditional multi-asset funds.
LR Approval in Principle as first step toward EU-compliant decarbonization solution SEOUL, South Korea, Feb. 23, 2026 /PRNewswire/ -- VINSSEN, a South Korean maritime specialist in hydrogen fuel cells and integrated system solutions, has signed a Memorandum of Understanding (MOU) with...
Today brings work pressure and heightened emotions. Patience is key as you navigate challenges. Support from a younger sibling offers strength. Career and finances require diligent effort and clear communication. Avoid impulsive spending and prioritize rest. Focus on steady progress and inner commitment for a balanced day.
Google's phone app is rolling out a controversial new feature for many Android users: the ability to record ongoing calls. Read full story