Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a former Under Armour and Equinox executive, will take over as the company’s next CEO effective Thursday. Heath said he realized it was necessary for a retail veteran to lead the company through its next phase of growth. “We’ve reached a size and scale that is beyond my expertise. I didn’t come from a big apparel company before … I found myself more so over the last 18 months saying, ‘I don’t know what to do next,’” Heath, who is staying at Bombas as its executive chair, told CNBC in an interview. “So then, when I looked at someone with Jason’s background … having that tried and true experience is what will set Bombas up to succeed for the next chapter and I…
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture capital firm Seven Seven Six and husband of tennis legend Serena Williams paid 20 million pounds for a 10% stake in the English soccer team, according to a person familiar with the deal. Ohanian is also a part owner in the National Women’s Soccer League’s Angel City FC alongside Disney CEO Bob Iger and his wife, Willow Bay. Ohanian’s Chelsea deal values the women’s club at 200 million pounds, according to the person familiar, making it the most valuable women’s team in the world based on current foreign exchange rates. As part of the deal, Ohanian will be given a seat on the team’s board. “I’ve bet big on women’s sports before — and I’m doing it again,” Ohanian said in a post…
Brightstar Resources (BTR:AU) has announced May Production Update – Processing Underway Download the PDF here. This post appeared first on investingnews.com
When oil prices plunged to four-year lows this year, many analysts immediately turned to the inflation narrative, dusting off the long-held belief that where oil prices go, inflation follows. But this time, the correlation isn’t as straightforward. Brent crude fell to US$58.62 per barrel and West Texas Intermediate (WTI) to US$55.38 in early April of 2025, marking a sharp decline of over 21 percent since January. The slump was driven by a mix of soft global demand, US–China trade tensions, and an unexpected about-face by OPEC+ to increase output after previously committing to production cuts. The downturn marked a significant shift in sentiment from earlier in Q1, when prices rallied on geopolitical jitters and hopes of tighter supply. Historically, oil price swings would set off alarms about inflation. But today’s economists are more cautious about declaring oil as the prime driver of consumer price hikes. Oil price and inflation correlation,…
(TheNewswire) VANCOUVER, BC, May 14, 2025 TheNewswire – Heritage Mining Ltd. (CSE: HML) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to announce that, further to its news release dated May 7, 2025, it has closed its non-brokered private placement consisting of 3,000,000 flow-through units (‘ FT Units ‘) at a price of $0.05 per FT Unit for gross proceeds of C$150,000 to a strategic investor (the ‘ Offering ‘). Each FT Unit consists of one flow through common share (‘ FT Common Share ‘) and one Warrant (‘ FT Unit Warrant ‘) with each FT Unit Warrant entitling the holder to purchase one Common Share at an exercise price of $0.10 for a period of 60 months from issuance, subject to acceleration provisions. Each FT Common Share will qualify as a ‘flow-through share’ as defined in subsection 66(15) of the Income Tax Act (Canada). The Company paid…
Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, shares his outlook for oil and natural gas, honing in on supply, demand and prices. Global uncertainty has placed pressure on the oil market, and Nuttall said for that reason he sees natural gas stocks outperforming oil stocks in the near term. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com
Amplia Therapeutics Limited (ASX: ATX), (“Amplia” or the “Company”), is pleased to announce important new data from our ongoing ACCENT clinical trial in pancreatic cancer. The trial is investigating the Company’s best-in-class FAK inhibitor narmafotinib in combination with standard-of-care chemotherapies gemcitabine and Abraxane. Fifteen (15) confirmed partial responses (PRs) have now been recorded in the trial, a level of response sufficient to demonstrate that the combination of narmafotinib and chemotherapy is superior to chemotherapy alone. HIGHLIGHTS Key milestone achieved, with 15 confirmed responses recorded in the ongoing Phase 1b/2a ACCENT trial Sufficient confirmed responses have now been recorded to demonstrate that narmafotinib combined with chemotherapy is superior to chemotherapy alone. The ACCENT trial is evaluating narmafotinib in combination with the chemotherapies gemcitabine and Abraxane® in patients with advanced pancreatic cancer Narmafotinib is a highly potent and selective FAK inhibitor discovered at the Melbourne-based Cooperative Research Centre for Cancer Therapeutics. Phase…
Greenvale Energy (GRV:AU) has announced Multiple Uranium Anomalies Identified at Key NT Projects Download the PDF here. This post appeared first on investingnews.com
Errawarra Resources Ltd (ASX: ERW) is pleased to advise that recent surface sampling at its Elizabeth Hill Project has returned multiple elevated portable XRF (pXRF) silver (Ag) readings including high grade results up to 920g/t Ag. HIGHLIGHTS: pXRF surface sampling has returned multiple high-grade silver (Ag) results up to 920g/t Gossanous and ferruginous float has generated new potential Silver (Ag) target areas nearby the historic Elizabeth Hill mine High Grade readings have been recorded ~300m to the north and ~150m to the south of the known Elizabeth Hill mineralisation envelope and correlate with the location of the Munni Munni Fault system Samples returning elevated Ag readings are typically from iron-rich, gossanous-like material Further exploration now planned, including trenching, additional sampling and metal detecting Inaugural drilling program to commence in coming weeks Samples collected have been dispatched to the laboratory for further analytical testing with results expected in 6-8 weeks Several…
Tolu Minerals Limited (“Tolu”) is pleased to announce the granting of its Ipi River tenement EL 2780 (Figure 1) covering 395.56 km2 of highly prospective copper-gold mineralisation. The historically discovered Ipi River porphyry deposit within EL 2780, located 55 km northwest of the Tolukuma gold mine is one of several under-explored porphyry style Cu-Au-Mo systems with epithermal Au overprint within Tolu’s exploration portfolio. HIGHLIGHTS: Ipi River tenement EL2780 granted by the Mineral Resource Authority Preliminary interpretation of Airborne MT imagery indicates five previously unknown copper-gold targets that require further exploration and drill testing The newly advanced Airborne MT survey provides electrical resistivity imaging of the top 1km to define geological targets and structures related to copper-gold mineralisation, as well as magnetic data to assist in the exploration process Ipi River Porphyry System represents a historically under-explored Cu-Au-Mo system where previous rock sampling results returned up to 10.10% copper and 167g/t…









