Capital Markets

Diraq to Deploy Up to $300M After Advancing in Quantum Benchmarking

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Diraq to Deploy Up to $300M After Advancing in Quantum Benchmarking

New York – October 13, 2026 -- Diraq will deploy up to $300 million to support independent verification and validation of its quantum computing solution after the U.S. Defense Research Projects Agency selected it to advance to the final stage of its Quantum Benchmarking Initiative.

Diraq targets first shared-data-center silicon spin quantum computer by end of 2026

The company says it will deploy the world's first silicon spin quantum computer to operate in a shared commercial data center before the end of 2026. The item was part of the New York Stock Exchange's pre-market update on October 12, delivered by Kristen Scholer from the NYSE Trading Floor.

Earnings season and inflation reports drive the week's market agenda

The NYSE flagged earnings season and inflation reports as the headline market events this week.

SWI Group Raises €800M at €6.1B Valuation for AI Compute Push

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SWI Group Raises €800M at €6.1B Valuation for AI Compute Push

Amsterdam – October 12, 2026 -- Euronext Amsterdam-listed SWI Group (SWICH) has raised €800 million from institutional investors at a final valuation of €6.1 billion, lifting total equity raised since March 2026 to more than €1 billion.

New share series lift capital base to 558,399,385 ordinary shares

SWICH is issuing the new ordinary shares in several series. The total share capital rises to 558,399,385 ordinary shares after the transaction.

Proceeds fund data center and AI compute build-out in Europe and the US

The company will use the proceeds to develop and scale its data center and AI compute capacity. Spending covers power infrastructure, compute deployments and its development pipeline on both sides of the Atlantic. SWI describes the raise as a step in consolidating its transatlantic digital infrastructure and AI compute platform.

MSC Income Fund Closes First $75M of $150M 6.83% Notes

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MSC Income Fund Closes First $75M of $150M 6.83% Notes

Houston – – October 12, 2026 -- MSC Income Fund (NYSE: MSIF) has closed the first $75.0 million tranche of a $150.0 million private notes offering carrying a fixed 6.83% annual interest rate, the Fund said on September 1, 2026.

Second $75.0 million tranche is due in October 2026

The unsecured Notes mature on September 30, 2029, with interest payable semiannually. The remaining $75.0 million will be issued in October 2026, subject to customary closing conditions.

MSC Income may redeem the Notes in whole or in part at any time at par plus accrued interest to the prepayment date. A make-whole premium applies if applicable.

Proceeds will refinance 4.04% Series A Senior Notes maturing October 30, 2026

The Fund plans to use the net proceeds to repay its $150.0 million of outstanding 4.04% Series A Senior Notes on or before their October 30, 2026 maturity. The new Notes carry a coupon 2.79 percentage points above the maturing debt.

Highlander Silver Wins NYSE American Approval, Trading March 11

Toronto – October 12, 2026 -- Highlander Silver Corp. has received approval to list its common shares on the NYSE American LLC, with trading expected to begin Wednesday, March 11, 2026, under the symbol "HSLV."

The company will keep its existing Toronto Stock Exchange listing under the same ticker, giving it a dual-listed structure across Canadian and U.S. exchanges.

Highlander Silver holds assets in Peru and Mexico

The company is advancing a portfolio in Peru that includes the San Luis gold-silver project and the Corani silver project. It also operates the Mercedes gold-silver mine in Mexico.

According to S&P Global rankings cited by the company, San Luis ranks among the 10 highest-grade projects globally in both the gold and silver categories.

Highlander Silver Mandates Natixis CIB for $330M Corani Loan

Toronto – October 12, 2026 -- Highlander Silver Corp. has signed a mandate letter with Natixis Corporate & Investment Banking to lead a fully underwritten, 7-year, $330 million senior secured structured project finance facility for the Corani Silver Project in Peru.

The company will back the facility with a cost overrun facility of up to $100 million, which must be established before the first draw. Final facility amounts remain subject to due diligence. As of June 30, Highlander Silver reported cash of about $100 million and no debt.

Vaalco Energy Meets New York Investors June 24-25, Updates Deck

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Vaalco Energy Meets New York Investors June 24-25, Updates Deck

Houston – October 12, 2026 -- Vaalco Energy, Inc. (NYSE: EGY, LSE: EGY) will hold non-deal roadshow meetings with prospective investors in New York on June 24 and 25, and has posted an updated investor presentation to its website.

Vaalco schedules two days of New York investor meetings

The Houston-based independent energy company said the meetings are non-deal sessions with prospective investors. The source gives no details on attendees, financial targets or transaction plans tied to the visit.

Updated presentation covers assets in four African countries

The refreshed investor presentation is available on the company's investor relations site. Vaalco's portfolio of production, development and exploration assets spans Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea. The company's shares trade on both the New York Stock Exchange and the London Stock Exchange under the ticker EGY.

XORTX to Delist from TSX Venture, Keeps Nasdaq Listing

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XORTX to Delist from TSX Venture, Keeps Nasdaq Listing

Calgary – October 12, 2026 -- XORTX Therapeutics Inc. has elected to voluntarily delist its common shares from the TSX Venture Exchange (TSXV), ending a dual listing it says no longer justifies its cost. The company will keep its primary listing on Nasdaq (XRTX) and its Frankfurt listing (ANU).

XORTX, a late-stage clinical pharmaceutical company developing therapies for gout and progressive kidney disease, will announce the timing of the delisting in a separate press release.

XORTX cites duplicate fees and regulatory complexity as reasons for leaving the TSXV

The company said a comprehensive evaluation concluded that the TSXV listing does not justify its costs and administrative requirements. It also said the different regulatory environments create challenges.

XORTX expects the delisting to deliver four outcomes:

XORTX Cancels US$2.5M IR Deal, Recovers Funds Ahead of TSXV Delisting

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XORTX Cancels US$2.5M IR Deal, Recovers Funds Ahead of TSXV Delisting

Calgary – October 12, 2026 -- XORTX Therapeutics Inc. (NASDAQ: XRTX | TSXV: XRTX) has rescinded a US$2.5 million investor relations agreement with IR Agency LLC and recovered the full fee. The company is postponing its marketing push while it exits the TSX Venture Exchange.

XORTX terminates 90-day IR contract effective August 7, 2026

The agreement, dated May 13, 2026, ran for 90 days from May 18, 2026. It covered 10 marketing days of news distribution campaigns for an aggregate fee of US$2.5 million, payable in advance. The fee had been fully earned on receipt and was non-refundable.

Both parties agreed to rescind the arrangement, and all services under it have been discontinued. The funds were returned to XORTX in August 2026. The release cites both August 7 and August 14 as the return date.

XORTX Re-Engages IR Agency LLC After TSX Venture Delisting

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XORTX Re-Engages IR Agency LLC After TSX Venture Delisting

Calgary – October 12, 2026 -- XORTX Therapeutics Inc. has re-engaged IR Agency LLC for investor relations and marketing services, following completion of its voluntary delisting from the TSX Venture Exchange.

XORTX restores IR Agency LLC consulting agreement on previously disclosed terms

The new consulting agreement carries substantially the same terms the company disclosed in news releases dated May 19, 2026 and August 28, 2026. The source gives no fee, share-based compensation or contract-length figures for the renewed engagement.

Delisting from TSX Venture Exchange precedes the renewed marketing push

The re-engagement comes after XORTX completed the delisting it had announced earlier. The company's filings reference ongoing compliance with Nasdaq listing standards, and its release states that Nasdaq has not approved or disapproved its contents.

Rio Silver Wins OTCQB Approval, Grants 850,000 Options at C$0.35

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Rio Silver Wins OTCQB Approval, Grants 850,000 Options at C$0.35

Vancouver – October 12, 2026 -- Rio Silver Inc. (TSX.V: RYO) has received approval to trade on the OTCQB Venture Market under the symbol "RYOOF", and has granted 850,000 incentive stock options to consultants.

OTCQB listing opens U.S. retail and institutional access to Rio Silver shares

The OTCQB is a U.S. trading platform operated by OTC Markets Group Inc. for developing and entrepreneurial-stage companies. The Securities and Exchange Commission recognizes it as an "established public market" for determining the public market price when registering securities for resale.

Rio Silver says the listing gives U.S. retail and institutional investors improved access to its shares. The company frames the move as coming at a point when global silver production is decreasing and interest in pure-play silver producers is accelerating, particularly where the majority of the co-product is gold. The company provided no market data to support either claim.