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Here's Why Republic Services (RSG) is a Strong Momentum Stock
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Rocky Shore Announces the Sale of its Hemlo-Area Claims
TORONTO, June 02, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (the “Company”) (CSE:RSG) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with a subsidiary of Barrick Mining Corporation (“Barrick”) to sell its Hemlo-area mineral claims near Marathon, Ontario for cash consideration of CAD$975,000 (the “Transaction”). This Agreement includes all Ontario claims owned by the Company, including the claims subject to an earlier option agreement (see press release dated August 29, 2022), which will be terminated on closing of the Transaction. The Company will retain a variable-rate royalty of up to 0.50% Net Smelter Returns on the claims; the rate per claim will depend on the preexisting royalty burden on such claim, and Barrick will have the right to buy back 50% of the royalty by making a one-time cash payment of CAD$500,000. The Transaction is expected to close within 30 days.
Here's Why Investors Must Hold RSG Stock in Their Portfolios Now
Republic Services' stock is benefiting from solid waste management market expansion and shareholder-friendly policies.
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Republic Services Inc. Profile
| Waste Management Industry | Industrials Sector | Mr. Jon Vander Ark CEO | XMUN Exchange | US7607591002 ISIN |
| US Country | 42,000 Employees | - Last Dividend | 19 Mar 2007 Last Split | 30 Jun 1998 IPO Date |
Overview
Republic Services, Inc., together with its subsidiaries, provides comprehensive environmental services across the United States and Canada. Founded in 1996 and headquartered in Phoenix, Arizona, the company plays a pivotal role in managing recyclable materials, solid waste, and industrial waste. By offering a broad spectrum of services related to the collection, processing, transportation, and disposal of non-hazardous and hazardous waste, Republic Services positions itself as a key participant in sustaining environmental integrity. Its efforts are directed towards facilitating eco-friendly waste management practices, emphasizing recycling, and delivering other essential environmental solutions. Catering to a diverse clientele that includes small-container, large-container, and residential customers, the company underscores the importance of tailored environmental services that adhere to the highest standards of efficiency and safety.
Products and Services
Republic Services, Inc. offers an extensive portfolio of products and services designed to meet the comprehensive needs of its customers while promoting sustainability:
- Residential Collection Services: This service includes the curbside collection of material for transportation to transfer stations, landfills, recycling centers, and organics processing facilities. It ensures the efficient handling of residential waste and recyclables, facilitating environmental stewardship at the community level. Additionally, Republic Services provides recycling and waste containers to households and offers compactor rental services, thereby enhancing waste management efficiency.
- Recycling Processing: The company engages in the processing and sale of recyclable materials, such as old corrugated containers, old newsprint, aluminum, glass, and other items. Through this service, Republic Services plays a crucial role in the recycling ecosystem, transforming collected waste into reusable raw materials and promoting the circular economy.
- Landfill Services: Offering comprehensive landfill services, Republic Services manages the disposal of non-hazardous and hazardous waste in an environmentally responsible manner. These services are essential for the effective management of waste that cannot be recycled or reused, ensuring that it is contained and treated to minimize environmental impact.
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