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MineralFunds.com Mergers & Acquisitions Report May 30th, 2022

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Toronto, Ontario–(Newsfile Corp. – June 2, 2022) – A Copy of the Full Report is Available to Read by Following the Link Below:

Gold Fields Ltd. to Acquire Yamana Gold Inc. in US$6.7B Transaction

The report provides a summary of Gold and Precious Metal Funds that hold:

1) The Acquired Company only:                  Yamana Gold Inc. (TSXV: YRI)
2) The Acquirer only:                                  Gold Fields Limited (NYSE: GFI)
3) Both the acquirer and the acquired company.

On Monday 30th, May, 2022, South Africa-based Gold Fields Ltd. (NYSE: GFI) agreed to buy Yamana Gold Inc. (TSXV: YRI) in an all-stock deal that values Yamana at $6.7 billion USD. If the deal is approved, Gold Fields Ltd. shareholders will end up with 61% of the combined $15.6 billion USD company, and Yamana Gold Inc. shareholders will hold the remaining 39%.

Gold Fields Ltd. (NYSE: GFI) is paying a 34% premium to the weighted average share price of Yamana Gold Inc. (TSXV: YRI) shares calculated over the 10 trading days immediately preceding the transaction. Gold Fields Ltd. shares fell 11% on the news as investors considered these payment terms. Yamana Gold Inc. shareholders are set to receive 0.6 of a Gold Fields Ltd. share. The Transaction implies a valuation for Yamana Gold Inc. of US$6.7 billion and represents a premium of 33.8% to the 10-day Volume-Weighted Average Price (“VWAP”) of Yamana Gold Inc.’s shares, calculated at US$ 5.20 on Friday, May 27th, 2022.

Gold Fields Ltd. (NYSE: GFI) merging with Yamana Gold Inc. (TSXV: YRI) will create world’s fourth biggest gold miner.

7 Funds show as holding Yamana Gold Inc. (TSXV: YRI) exclusively, and will be the biggest performance beneficiaries from this transaction:

Acquired only

Both

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Acquirer only

Yamana Gold Inc.

Yamana Gold Inc. and Gold Fields Limited

Gold Fields Limited

iW Commodities & Gold Equities

Invesco Gold & Special Minerals Fund

Fidelity Select Gold

DMS Charteris Gold and Precious Metals Fund

VanEck International Investors Gold Fund

Sprott Gold Equity Fund

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Placeuro Gold Mines

American Century Global Gold Fund

Franklin Gold & Precious Metals Fund

AMG Gold, Minen und Metalle

USAA Precious Metals and Minerals Fund

EuroPac Gold Fund

AuAg Silver Bullet

Gabelli Gold Fund Inc.

U.S. Global Investors Gold and Precious Metals Fund

SafePort Gold & Silver Mining Fund

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Allspring Precious Metals Fund

Mackenzie Precious Metals Class

Premium Gold and Metal Open Fund

GAMCO Natural Resources, Gold & Income Trust

BlackRock Global Funds World Gold Fund

Total: 7 Funds

Rydex Precious Metals Fund

BAKERSTEEL Precious Metals Fund

VanEck VIP Global Gold Fund

Franklin Gold and Precious Metals Fund (Lux)

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Precious Metals UltraSector ProFund

STABILITAS Silber+Weissmetalle

RBC Global Precious Metals Fund

Sprott-Alpina Gold Equity UCITS Fund

IG Mackenzie Global Precious Metals Class

BlackRock Gold & General Fund

TD Precious Metals Fund

LF Ruffer Gold Fund

CIBC Precious Metals Fund

NinetyOne Funds Series iii – Global Gold Fund

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Konwave Gold Equity Fund

ASA Gold and Precious Metals Limited

CPR Invest – Global Gold Mines

United Gold & General Fund

Deutsche Invest I Gold & Precious Metals Equities

Craton Capital Precious Metal Fund

Schroder International Selection Fund Global Gold

Value Intelligence Gold Company Fonds (AMI)

Invesco Gold and Special Metals Fund (Lux)

Total: 17 Funds

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DJE Gold & Ressourcen

iW Precious Metal Mining Equities

Landolt Investment (Lux) SICAV – Gold

Lombard Odier Funds – World Gold Expertise

Crossinvest Metals and Mining Equity

Konwave Sustainable Gold Equity Fund

Claresco Or et Métaux Précieux

ES Baker Steel Gold and Precious Metals Fund

Cours CM-AM Global Gold

Edmond de Rothschild Goldsphere

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Stratégie Indice Or

AAZ Prestige Or

DWS Noor Precious Metal Securities Fund (Sharia)

Sprott-Alpina Gold Equity Fund

Zenito Silver and Gold Fund

C-Quadrat Gold & Resources Fund

Total: 35 Funds

Source: https://mineralfunds.com/gold-funds/

About MineralFunds.com

MineralFunds.com provides prices, performance and trade information for all the world’s metal ETFs including Precious Metals, Battery Metals, Platinum Group Metals and Base Metals and comprehensive fund information, including asset allocations, for Gold & Precious Metals Managed Funds from all investment jurisdictions.

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For further information please contact:

(416) 525 – 6869

[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/126297

Fintech

Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator

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Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.

GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”

Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”

The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.

The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .

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Fintech

Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets

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Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.

As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.

With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.

Supervision by International Regulatory Institutions to Ensure Top-Tier Safety

As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.

Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.

Dedication to Shape the Industry with Innovative Solutions

Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.

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This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.

Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.

Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!

E-mail: [email protected]

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Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation

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Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.


1. European Fintechs Face Regulatory Pressures Amid New Investment Surge

The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.

Source: Financial Times


2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push

Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.

Source: Yahoo Finance


3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East

Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.

Source: Fintech Global


4. Apollo Global Management Invests in Fintech for Private Offerings Support

Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.

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Source: Bloomberg


5. Juniper Research Names 2025’s Future Leaders in Fintech

Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.

Source: Globe Newswire


Conclusion

The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.

 

The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.

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