Author: Jordan

New Found Gold secured a finance package consisting of a $100 million bought deal equity financing with lead orders from EdgePoint Investment Group and cornerstone investor Eric Sprott and a $105 million senior secured credit facility with EdgePoint, for total gross proceeds of $205 million. “We are pleased to announce this comprehensive finance package, consisting of an at-market equity bought deal financing and a senior secured credit facility at superior terms to those previously contemplated,” Keith Boyle, CEO of New Found Gold, said. “With today’s announcement, we have secured funding for the initial capital expenditures required to bring our flagship…

Gold prices declined on Tuesday, pressured by a slightly stronger dollar and investor anticipation regarding potential peace talks between the US and Iran following recent weekend tensions.The US dollar slightly strengthened on Tuesday, which makes commodities priced in the greenback more costly for those holding other currencies.According to reports, Iran is considering participating in peace talks with the United States in Pakistan.This comes as a two-week ceasefire nears its end and follows moves by Islamabad to lift a US blockade of Iran’s ports, which had been a major hurdle to Tehran rejoining peace efforts.The week began with gold on the…

Specialist commercial lender InterBay, part of OSB Group, has provided a £3.8m commercial finance facility in Central London.  The loan supported the transfer and refinancing of a four-storey commercial building with three tenants, which had been held in a family trust.  After the trust was annulled, the asset was moved into the client’s name, while another property from the trust went to a family member.  These arrangements led to several complexities and required exceptions to standard lending policy. The client wanted to release capital from the commercial property to fund the build of two new residential units on their own…

Lee Kang Jyh, a director at , sold a total of 20,000 shares of the company’s common stock on April 16, 2026. These transactions amounted to a total value of $918,500. The shares were sold at prices ranging from $45.80 to $46.05 per share. The insider sale comes as PLAB trades near its 52-week high of $49.62, with the stock delivering a 179% return over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. Following these sales, Lee Kang Jyh directly owns 355,850 shares of Photronics common stock.For deeper insights into PLAB’s…

Tokenized gold on Bitget moved ahead of traditional markets during recent geopolitical flare-ups, a joint report with Block Scholes found this week. Bitget Tokenized Volume The study, titled “Tokenised Markets on Bitget UEX,” was published by the exchange in partnership with research firm Block Scholes. It tracks trading behavior through the first quarter of 2026, a stretch marked by sharp macro swings. Bitget’s TradFi desk hit $2 billion in daily volume within days of launch. The figure doubled to $4 billion soon after, then crossed $6 billion during volatility spikes. The report also flagged that Bitcoin (BTC) correlation with major…

Landbay has reduced rates across its Premier remortgage products for landlords with up to 15 mortgaged properties.  The changes apply to individual and limited company borrowers, and cover the 75% loan-to-value (LTV) 5-year fixed rate remortgage products. The automated valuation model (AVM) remortgage range now has rates down by 0.05%, while rates on the Assisted Legals and Cashback products have dropped by 0.10%. The Premier Remortgage automated valuation model (AVM) now starts at 4.64% with a 5% fee, or 5.44% with a 1% fee.  Premier Remortgage Assisted Legals with free valuation is now 5.59%, with fees from £999 for loans…

(HedgeCo.Net) In a striking affirmation of the structural shift underway in global portfolio construction, Blackstone’s latest “Advisor Pulse” survey reveals that 90% of financial advisors are either maintaining or increasing their allocations to alternative investments—despite heightened volatility across public markets. The findings underscore a powerful and persistent trend: private markets are no longer viewed as opportunistic allocations, but as foundational pillars in modern wealth management strategies. At a time when traditional portfolios are being tested by macro uncertainty, rate volatility, and geopolitical risk, advisors are increasingly turning to private equity, private credit, real assets, and infrastructure as tools to stabilize returns, generate…

A near 25% increase in mortgage activity in the first quarter of 2025 was driven by a 46% increase in remortgaging as “rafts of borrowers” continue to come off ultra-low pandemic era mortgage products, according to the latest Mortgage Market Briefing from Stonebridge.  The brokerage network says the surge was due to large number of home owners coming to the end of five-year fixed deals taken out when the property market re-opened post-pandemic and effective interest rates on new mortgage borrowing fell to just 1.85%. March 2021 also saw the anticipated cliff edge, when SDLT was due to increase with…

Minister of Finance and Coordinating Minister of the Economy, Wale Edun Chief Economist at SPM Professionals, Paul Alaje, has raised concerns over reports of unbudgeted government spending, warning that any expenditure outside legislative approval could undermine fiscal discipline and transparency. Speaking during an interview on Channels Television, Alaje described the allegations of off-budget spending as “worrisome” and said such claims, if proven, should concern all stakeholders. His comments follow the controversy surrounding the recent Nigeria Development Update (NDU) by the World Bank last week, which sparked debate over possible hidden or poorly-disclosed government expenditures. The Federal Government has, however, dismissed…

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by “liberating” derivative trading from isolated matching engines and embedding it into the instant messaging environment.Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.Simplified Trading Experience: No KYC Required, Opening a Position in Five StepsBased on its non-custodial architecture, Mixin has eliminated friction from…