Securities commission

Safety, Stability and Upside in Uncertain Times

Retrieved on:

Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that gold's variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns. Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space – a vertically integrated mining company – a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales. GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution. Other larger mining companies may not have the unique vertical integration of GEMXX but are still seeing success in the precious metal sector including Agnico Eagle Mines Ltd. (NYSE: AEM), which recently reported record second-quarter numbers; Barrick Gold (NYSE: GOLD), which anticipates a second half of the year performance that surpasses its first; Newmont Mining (NYSE: NEM), which has received required approvals on a key acquisition announced earlier this year; and Franco-Nevada Corp. (NYSE: FNV), which has established a business model that provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Key Points:

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens.
Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), have enjoyed significant growth during the recent volatility.
GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution.
GEMXX stands out as a leading producer of high-quality finished ammolite jewelry and is the only publicly traded ammolite company in the world.

Safety, Stability and Upside in Uncertain Times

Retrieved on:

Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens. Historically, one of the safest places and most stable spaces during economic uncertainty is gold, a highly liquid asset that preserves and even increases in value over time and carries no credit risk. The precious metal benefits from multiple levers of demand such as gold jewelry, tech/industrial use and a reserve asset as well as a strategic investment. History has shown that gold's variable demand pressures enhance a portfolio by improving diversification, providing liquidity and delivering long-term returns. Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) (profile), have enjoyed significant growth during the recent volatility. Exploding past startup phase and achieving global growth in mere months, GEMXX is fast approaching a holy grail that differentiates GEMXX from all others in the gold space – a vertically integrated mining company – a unique mine-to-market enterprise that specializes in gold and gemstone mining as well as jewelry creation, production and global sales. GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution. Other larger mining companies may not have the unique vertical integration of GEMXX but are still seeing success in the precious metal sector including Agnico Eagle Mines Ltd. (NYSE: AEM), which recently reported record second-quarter numbers; Barrick Gold (NYSE: GOLD), which anticipates a second half of the year performance that surpasses its first; Newmont Mining (NYSE: NEM), which has received required approvals on a key acquisition announced earlier this year; and Franco-Nevada Corp. (NYSE: FNV), which has established a business model that provides investors with gold price and exploration optionality while limiting exposure to cost inflation.

Key Points:

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In volatile economic conditions, smart money seeks stability and moves to safe havens.
Reacting to uncertainties, many gold mining companies, including GEMXX Corp. (OTCPK: GEMZ) ( profile ), have enjoyed significant growth during the recent volatility.
GEMXX owns and controls every aspect of the process from gold mining and gemstone finishing to jewelry manufacturing and global distribution.
GEMXX stands out as a leading producer of high-quality finished ammolite jewelry and is the only publicly traded ammolite company in the world.

Newmont Cleared by PNG’s Securities Commission to Proceed with Proposed Acquisition of Newcrest

Retrieved on:

Wednesday, October 4, 2023

Newmont Corporation (NYSE: NEM, TSX: NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM).

Key Points:

Newmont Corporation (NYSE: NEM, TSX: NGT) announced that the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the Company to proceed with its proposed acquisition of Newcrest Mining Limited (ASX, TSX, PNGX: NCM).
Last week, the Philippine Competition Commission (PCC) also indicated its approval of the proposed transaction.
All of the government regulatory approvals necessary for the transaction to proceed have now been secured.
Newmont also plans to establish a secondary listing of Newmont stock depositary interests on the PNGX from closing of the transaction.

Flash News: OKX D3 Bahamas FinTech Festival Title Sponsor

Retrieved on:

Monday, October 2, 2023

Web3, DARE, Trust, Securities commission, Government, Digital asset, Securities Commission of the Bahamas, OKX, Growth, Naming, Tourism, Cryptocurrency, Fintech

NASSAU, Bahamas, Oct. 02, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, announced that it is the Title Sponsor of the D3 Bahamas FinTech Festival taking place, October 10-12 at Atlantis Paradise Island Bahamas.

Key Points:

NASSAU, Bahamas, Oct. 02, 2023 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, announced that it is the Title Sponsor of the D3 Bahamas FinTech Festival taking place, October 10-12 at Atlantis Paradise Island Bahamas.
OKX executives will share insights during the following speaking sessions:
Wednesday, October 11 at 11:05 - 11:25 am (GMT-4), OKX Chief Innovation Officer will conduct an exclusive fireside chat about the shifting environment for digital asset exchanges.
Thursday, October 12 at 9:55 - 10:25 (GMT-4), OKX Head of Compliance in the Bahamas, Ianthe Tynes joins a panel titled, "Who’s building the best crypto on/off ramps?"
D3 Bahamas is co-hosted by The Securities Commission of The Bahamas together with The Government of The Bahamas, and DARE (Digital Assets & Regulated Exchange Act).

Volaris successfully completes Ps. $1.5 billion Asset-Backed Trust Notes Offering

Retrieved on:

Saturday, September 30, 2023

MEXICO, Communication, VLRS, S.A, City centre, CITY, Trust, BMV, Securities commission, ULCC, Sale, TIIE, VISA, Collection, Mastercard, NYSE, Online shopping

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps.

Key Points:

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, has successfully concluded the issuance of 15 million asset-backed trust notes (the “Trust Notes”) in Mexico under the ticker VOLARCB 23, totaling Ps.
This is the third offering under the program authorized by the Mexican National Banking and Securities Commission for an amount of up to Ps.
The Trust Notes were rated "HR AA+ (E)" and "AA+/M(e)" by the rating agencies HR Ratings de México, S.A. de C.V. and Verum Calificadora de Valores, S.A.P.I.
de C.V., respectively, and have a five-year maturity term and carry an interest rate of 28-day TIIE (interbank rate) + 215 basis points.

Baxia Markets Empowers Traders: Expands Trading Opportunities

Retrieved on:

Thursday, September 28, 2023

MetaTrader 4, Anglo-French Financial Commission, Partnership, Financial services, Trustpilot, Securities commission, Customer experience, SCB, CFD, Jordan Securities Commission, Retail

MAHE, SEYCHELLES, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Baxia Markets, a pioneering online trading platform known for its innovative approach to forex and CFD trading, unveils expansion of its services to provide traders with an even broader array of trading opportunities.

Key Points:

MAHE, SEYCHELLES, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Baxia Markets, a pioneering online trading platform known for its innovative approach to forex and CFD trading, unveils expansion of its services to provide traders with an even broader array of trading opportunities.
Nash Wadud, CEO of Baxia Markets, underscores the significance of these developments, stating, "Today's traders seek flexibility, an extensive range of options, and educational support that empowers them to make informed trading decisions.
Baxia Markets now offers an enhanced array of trading instruments, enabling traders to diversify their portfolios like never before.
These enhancements underline Baxia Markets' commitment to providing traders worldwide with outstanding opportunities while adhering to regulatory compliance and prioritizing customer satisfaction.

Stori, the Mexican Unicorn, obtains approval to acquire the Sofipo MasCaja, a licensed deposit entity, to expand its product offering

Retrieved on:

Thursday, September 7, 2023

Growth, MEXICO, National Bank of Uzbekistan, Acquisition, Securities commission, Public policy, Drug, Bank, Woman Hollering Creek and Other Stories

With the Sofipo license, the company will expand its capacity to provide inclusive and accessible financial products and services to the Mexican market.

Key Points:

With the Sofipo license, the company will expand its capacity to provide inclusive and accessible financial products and services to the Mexican market.
This approval marks a significant milestone in Stori's journey to provide financial inclusion to millions of Mexicans.
"We are delighted to receive CNBV's approval to acquire a Sofipo.
This opportunity will allow us to expand our offering and continue our mission of providing financial inclusion in Mexico.

Commencement of the Offer to Acquire Bachoco Shares

Retrieved on:

Friday, September 1, 2023

Retail, Agriculture, Natural Resources, Food, Beverage, S.A, Marketing, Mexican Stock Exchange, Securities commission, Poultry, Prospectus, Investment, Regulation, Guanajuato, Hearing, MEX, Egg, Drug, Security (finance)

The information related to the aforementioned offer is contained in the Mexican offer document, which is available for consultation on the websites of the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B.

Key Points:

The information related to the aforementioned offer is contained in the Mexican offer document, which is available for consultation on the websites of the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B.
de C.V.) ( www.bmv.com.mx ) and the Mexican Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) ( www.cnbv.gob.mx ).
The offer is expected to expire on September 29, 2023, unless extended on the terms described in the aforementioned offering documents.
Industrias Bachoco is the leader in the Mexican poultry industry, and one of the largest poultry producers globally.

Orbia Announces Closing of the Offering of Its Supplemental Sustainability Linked Notes in the Mexican Market

Retrieved on:

Thursday, August 31, 2023

ISS ESG issued a favorable second opinion regarding the certificados bursátiles and their “sustainability-linked bond” feature.

Key Points:

ISS ESG issued a favorable second opinion regarding the certificados bursátiles and their “sustainability-linked bond” feature.
Orbia is a company driven by a shared purpose: to advance life around the world.
Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluorinated Solutions (Koura) sectors.
Orbia has a global team of over 24,000 employees, commercial activities in more than 100 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv.

Ethel Mora, appointed as new CEO of Swell

Retrieved on:

Thursday, August 24, 2023

National Bank of Uzbekistan, Financial services, Financial management, MIT Sloan School of Management, National Commission, Instituto Mexicano de Ejecutivos de Finanzas, Securities commission, MBA, Credit risk, BBB, User, SME, Management

Previously, she held leadership positions as Regional Credit Director at Engen Capital and Portfolio Management, Credit Risk and Underwriting Director for Mexico at Element Fleet Management.

Key Points:

Previously, she held leadership positions as Regional Credit Director at Engen Capital and Portfolio Management, Credit Risk and Underwriting Director for Mexico at Element Fleet Management.
Founded in 2010, Swell specializes in lending to small and medium enterprises (SMEs).
Swell is supervised by Mexico's National Banking and Securities Commission and National Commission for the Protection of Users of Financial Services.
The Board is confident Mora has the experience and vision to lead Swell forward.