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Oswal Pumps IPO listing date today. GMP, experts signal debut of shares at decent premium in stock market today
Oswal Pumps IPO listing date today. GMP, experts signal debut of shares at decent premium in stock market today

Mint

time12 hours ago

  • Business
  • Mint

Oswal Pumps IPO listing date today. GMP, experts signal debut of shares at decent premium in stock market today

Oswal Pumps IPO Listing: Oswal Pumps shares are set to make their debut in the Indian stock market today, June 20. The initial public offering (IPO) of the pumps manufacturer, Oswal Pumps Ltd, ended for bidding on June 17. Oswal Pumps IPO listing date is today, 20 June 2025. The offer was open from June 13 to June 17, and the Oswal Pumps IPO allotment date was June 18. The equity shares will be listed today, June 20, on BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Friday, June 20, 2025, the equity shares of Oswal Pumps Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. Oswal Pumps shares will be a part of Special Pre-open Session (SPOS) on Friday, June 20, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the Oswal Pumps IPO listing today, investors wait for the trends in the grey market premium (GMP) to estimate the listing price. Oswal Pumps IPO GMP today and analysts signal decent listing gains for investors. Oswal Pumps shares are showing an upbeat trend in the unlisted market with a positive grey market premium (GMP) today. Oswal Pumps IPO GMP today is ₹ 41 per share. This signals that in the grey market, Oswal Pumps shares are trading higher by ₹ 41 than their issue price. Oswal Pumps IPO GMP today indicates that the estimated listing price of Oswal Pumps shares would be ₹ 655 apiece, which is at a premium of nearly 7% to the IPO price of ₹ 614 per share. Analysts also expect Oswal Pumps IPO listing price to be at a premium of around 8% - 12%. 'Despite prevailing stock market volatility, the Oswal Pumps IPO received a robust response from investors. We believe this overwhelming demand was driven by attractive valuation levels, offering reasonable long term upside potential along with a well-diversified product portfolio across agriculture, industrial, and domestic water solutions. We also see the company's strategic positioning to benefit from ongoing government infrastructure and rural development initiatives, especially those focused on water management and irrigation,' said Prashanth Tapse, Research Analyst at Mehta Equities Ltd. Given the strong subscription demand and ongoing market sentiment, Tapse anticipates a decent listing gain in the range of 10% – 15% for Oswal Pumps share debut. Mahesh M. Ojha, AVP Research and Business Development at Hensex Securities Pvt Ltd said that the Oswal Pumps IPO garnered strong investor interest across segments, which was a clear indicator of positive market sentiment, bolstered by a solid anchor book and credible domestic and global institutional participation. 'The listing is expected to be between 8% - 12% premium over the upper band of ₹ 614. Given the company's leadership in the solar pump segment, its alignment with government-backed schemes like PM-KUSUM, and strong execution history, the listing premium appears justified,' Ojha said. The public issue opened for subscription on Friday, June 13, and closed on Tuesday, June 17. Oswal Pumps IPO allotment status was fixed on June 18, and the Oswal Pumps IPO listing date is today, June 20. Oswal Pumps shares will be listed on both the stock exchanges - BSE and NSE. Oswal Pumps IPO size was ₹ 1,387.34 crore which comprised a combination of fresh issue of 1.45 crore equity shares worth ₹ 890 crore, and an offer-for-sale (OFS) of 81 lakh equity shares amounting to ₹ 497.34 crore. Oswal Pumps IPO price band was ₹ 584 to ₹ 614 per share. The issue was subscribed 34.42 times, as it received total bids for 55.80 crore equity shares as against 1.62 crore shares on the offer, according to data on NSE. The retail portion was subscribed 3.60 times, and the Non Institutional Investors (NII) category was booked 36.70 times. The Qualified Institutional Buyers (QIBs) segment received 88.08 times bids. IIFL Capital Services, Axis Capital, CLSA India, JM Financial, Nuvama Wealth Management are the book running lead managers of the Oswal Pumps IPO, while MUFG Intime India is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Chris Brown fans queue for merch in Cardiff and the prices are extreme
Chris Brown fans queue for merch in Cardiff and the prices are extreme

Wales Online

timea day ago

  • Entertainment
  • Wales Online

Chris Brown fans queue for merch in Cardiff and the prices are extreme

Chris Brown fans queue for merch in Cardiff and the prices are extreme The American rapper is performing at the Principality Stadium on Thursday evening Excited fans descend on Cardiff ahead of Chris Brown's highly anticipated concert (Image: John Myers ) Fans of Chris Brown have been arriving in Cardiff for his headline gig at the Principality Stadium tonight, Thursday June 19. This will be his third UK date of his Breezy Bowl XX tour, following two dates at Co-Op Live Manchester earlier this week. Some fans of the rapper have been queuing as early as 9am ready to see their favourite artist perform in the capital city. However, they may be disappointed to hear the steep prices of Chris' merchandise, with some items priced up to £120. ‌ The major event marks the first of the large summer concerts in the stadium. From superstar gigs to cosy pubs, find out What's On in Wales by signing up to our newsletter here . ‌ It has been confirmed that doors to the Principality Stadium will open at 5pm for the gig, with Live Nation saying that the gig will start at 6.30pm and the curfew is 10.30pm. Bryson Tiller will be supporting the rapper later today, he is known for his songs Don't, Whatever She Wants and Exchange. Here is everything you need to know about the gig. The merchandise store is located at different points outside of the Principality stadium gates as well as from the official store. Prices for the merchandise is starting at just £10 and reaching as high as £120. Article continues below Chris Brown T-shirts are priced at £50 and hoodies are £120. (Image: John Myers ) Posters are the cheapest option at £10 and the most expensive item are the hoodies which will set fans back £120 each. Posters seem to be the cheapest item at just £10 (Image: John Myers ) ‌ There are a wide variety of t-shirt options all priced at £50, as well as a bandana on sale for £20. All t-shirts are priced at £50. (Image: John Myers ) After performing in Cardiff, Chris Brown will appear in court in London after being charged with assault occasioning grievous bodily harm relating to an alleged incident inside a nightclub in 2023. ‌ The 36-year-old, whose release from custody came at the price of a £5m bail, has not yet entered a plea. He is accused of inflicting an "unprovoked attack" on a music producer with a tequila bottle at a nightclub in London while on his last UK tour in 2023. When he returned to the country a month ago, he was arrested after detectives from London's Metropolitan Police attended the hotel in which he was staying in Salford, Greater Manchester. There are still tickets left for tonight's show. Find out more here Article continues below

Kootenay Silver Announces Upsize of Bought Deal Public Offering to $17.4 Million
Kootenay Silver Announces Upsize of Bought Deal Public Offering to $17.4 Million

Yahoo

time2 days ago

  • Business
  • Yahoo

Kootenay Silver Announces Upsize of Bought Deal Public Offering to $17.4 Million

The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within one business day, through SEDAR+ Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Kootenay Silver Inc. (TSXV: KTN) (OTCQX: KOOYF) (the "Company" or "Kootenay") is pleased to announce that, due to strong investor demand, it has entered into an amended agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters"), to increase the size of its previously announced "bought deal" public offering, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 16,572,000 units of the Company (the "Units") at a price of $1.05 per Unit for aggregate gross proceeds to the Company of $17,400,600 (the "Offering"). Each Unit shall be comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $1.58 per Common Share for a period of 36 months following closing of the Offering. The net proceeds from the Offering of the Units will be used for advancement of the Company's Columba Silver Project in Mexico, working capital and general corporate purposes. The Company has granted to the Underwriters an option (the "Over-Allotment Option") to increase the size of the Offering by up to an additional number of Units, and/or the components thereof, that in aggregate would be equal to 15% of the total number of Units to be issued under the Offering, to cover over-allotments, if any, and for market stabilization purposes, exercisable at any time and from time to time up to 30 days following the closing of the Offering. The closing of the Offering is expected to occur on or about June 25, 2025 (the "Closing"), or such other earlier or later date as the Underwriters may determine. Closing is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange (the "Exchange") to list, on the date of Closing, the Common Shares, and the Common Shares issuable upon exercise of the Warrants and the Underwriters' broker warrants, on the Exchange In connection with the Offering, the Company intends to file a prospectus supplement within one business days (the "Prospectus Supplement") to the Company's short form base shelf prospectus dated March 27, 2024 (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces and territories of Canada (except Quebec). The Shelf Prospectus and the Prospectus Supplement will contain, important detailed information about the Company and the Offering. Prospective investors should read the Prospectus Supplement and accompanying Shelf Prospectus and the other documents the Company has filed on SEDAR+ at before making an investment decision. This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws. About Kootenay Silver Inc. Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively. For additional information, please contact:James McDonald, CEO and President at 403-880-6016Ken Berry, Chairman at 604-601-5652; 1-888-601-5650or visit: CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to the completion of the Offering and the timing thereof, the use of proceeds of the Offering, the exercise by the Underwriters of the Over-Allotment Option, the timely receipt of all necessary approvals, including approval of the TSX Venture Exchange. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; and the historical basis for current estimates of potential quantities and grades of target zones. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors, including the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit

Finex Metals Begins Trading on TSX Venture Exchange and Advances 2025 Exploration Program
Finex Metals Begins Trading on TSX Venture Exchange and Advances 2025 Exploration Program

Yahoo

time2 days ago

  • Business
  • Yahoo

Finex Metals Begins Trading on TSX Venture Exchange and Advances 2025 Exploration Program

VANCOUVER, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) -- FinEx Metals Ltd. (TSX-V: FINX) ("FinEx" or the "Company") is pleased to announce that its common shares will begin trading today on the TSX Venture Exchange (the 'Exchange') under the symbol FINX. The listing marks a key milestone as FinEx actively advances its 2025 field program across multiple targets in Finland's Central Lapland Greenstone Belt. Tero Kosonen, the Chairman and Chief Executive Officer of FinEx, comments: "Our listing on the Exchange comes at a time when gold's strategic relevance is growing globally. With a district-scale land position in Finland's premier gold belt and a steadily advancing field program, FinEx provides its shareholders with exposure to potential discovery-stage exploration projects in a structurally bullish gold environment'. 2025 Exploration Program Now Underway The 2025 field season is fully funded with a $4M treasury and underway with concurrent exploration initiatives across the Ruoppa, Nuuti, Somma and Hangas project areas: Drone magnetic survey covering the Ruoppa, Nuuti, Somma and Hangas projects in June 2025; Soil sampling and bedrock mapping at the Nuuti and Somma projects from June to August 2025; Trenching to target extensions of Ruoppa East and Outamaa mineralization from July to August 2025; Top of Bedrock drilling on the Ruoppa project in July 2025; and Diamond core drilling (approximately 2,500 metres) targeting Ruoppa East mineralization from August to September 2025. About the Ruoppa Project The Company's flagship Ruoppa project is situated in the Central Lapland Greenstone Belt in Finland, adjoining Agnico Eagle's Kittilä mine land position, the largest gold mine in Europe, and in proximity to the land position that hosts Rupert Resources' recent Ikkari discovery. Previous work by FinEx at Ruoppa identified a series of high-grade gold targets that extend over approximately 2.7 km. High-grade rock grab samples from trenches include 52 samples above 1 g/t Au with the highest value measuring 95.1 g/t Au, within a zone extending over 250 m. Ruoppa is fully permitted for drilling and a first-pass diamond drill program is scheduled for August 2025. For more information on the Ruoppa project, refer to the NI 43-101 Technical Report dated April 14, 2015, as filed on SEDAR+ at About FinEx Metals Ltd. FinEx Metals Ltd. (TSX-V: FINX) is a gold-focused mineral exploration company with a portfolio of 100% owned, royalty free projects near existing mining operations in the Central Lapland Greenstone Belt in Finland. The Company's flagship Ruoppa project adjoins Agnico Eagle's Kittilä mine land position, the largest gold mine in Europe, and in proximity to the land position that hosts Rupert Resources recent Ikkari discovery. For more information, please visit the Company's website at FinEx Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies. Further information about NewQuest can be found on the company website at Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Dr. Petri Peltonen, MAusIMM(CP), EurGeol, a 'Qualified Person' ('QP') as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Dr. Peltonen is not independent by reason of being a Contractor and Shareholder of the Company. On Behalf of the Board of Directors Tero Kosonen Chairman and Chief Executive Officer+1 (604) 681-9100tero@ For further information, please contact: Brennan Zerb Investor Relations Manager+1 (778) 867-5016brennan@ Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release. Forward-Looking Statements: This news release includes certain forward-looking statements and forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the proposed listing on the TSX Venture Exchange, future capital expenditures, exploration activities and the specifications, targets, results, analyses, interpretations, benefits, costs and timing of them, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as 'pro forma', 'plans', 'expects', 'may', 'should', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', 'believes', 'potential' or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to the anticipated business plans and timing of future activities of the Company, including the Company's exploration plans and the proposed expenditures for exploration work thereon, the ability of the Company to obtain sufficient financing to fund its business activities and plans, the ability of the Company to obtain the required permits, changes in laws, regulations and policies affecting mining operations, the Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's prospectus dated June 13, 2025 and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company's profile on the SEDAR+ website at Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements, except as otherwise required by in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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