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The agreement provides Scotiabank with a 20% ownership stake in the newly formed holding company, Davivienda Group.

It is Black Friday and Colombians are doing what they do best.....consuming!!

As part of the deal, Scotiabank takes board seats and a partial interest in Davivienda.

The company is actively recruiting personnel for positions in Bogotá and Medellín, including service technicians, sales managers, and distribution coordinators.

"So a lot of these guys think that the local women have been ruined by feminism here in America,.." - Dr. Meszaros

The company announced a 36% increase in its quarterly dividend, raising it to $0.15 per share, and simultaneously expanded its share repurchase program to $100 million.

The confirmation of a permanent Chief Compliance Officer occurs during a period of heightened legal and political scrutiny for the company.

"An excessive minimum salary increase is a threat on two fronts. It will impact inflation as suppliers face higher costs and also further push that domestic demand."

The numbers show a 2% increase compared to the same period in 2024 and an 18.6% increase relative to 2023.

The company, which is focused on exploration projects in Caldas, Colombia, is also planning a substantial 2026 drill campaign.