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CELEBRITY CRUISES REVEALS FOUR NEW EUROPEAN-INSPIRED FESTIVALS ON CELEBRITY XCEL

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Canada Nickel (RCL) filed an independent NI 43-101 technical report supporting the initial mineral resource estimate for its 100% owned Deloro Nickel Sulphide Project near Timmins, Ontario.

The report, dated September 3, 2024 with an effective date of July 17, 2024, was prepared by Caracle Creek International Consulting and posted on SEDAR+. The company said there are no material differences from results disclosed on July 18, 2024. Management noted Deloro's proximity to Timmins and Dome Mill infrastructure and an average overburden of 6 metres. The qualified person, Stephen J. Balch P.Geo., reviewed and approved the technical information.

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Positive

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Negative

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Market Context

This announcement highlights new experiential offerings tied to the brand, while RCL trades below it...
Analysis

This announcement highlights new experiential offerings tied to the brand, while RCL trades below its 200-day moving average of 285.41 and about 23.78% under its 52-week high of 366.5. Historically, the company has seen constructive reactions to product, destination, and capital return news, though not uniformly. Investors may watch for how these initiatives feed into future bookings, yield performance, and execution alongside existing port and destination investments.

Key Figures

Project ownership: 100% Additional resources planned: 7 resources Overburden thickness: 6 metres +3 more
6 metrics
Project ownership 100% Deloro Nickel Sulphide Project ownership by Canada Nickel
Additional resources planned 7 resources CEO expects seven additional resources by mid-2025
Overburden thickness 6 metres Average overburden at Deloro project
NI 43-101 43-101 National Instrument 43-101 mineral project standard cited in report
Effective date July 17, 2024 Effective date of Deloro mineral resource estimate
Report date September 3, 2024 Date of full technical report for Deloro project

Historical Context

5 past events · Latest: Jan 08 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jan 08 Port terminal project Positive +2.4% Announced $345M Cruise Terminal G project boosting capacity at PortMiami.
Jan 07 Destination opening Positive +1.6% Opened Royal Beach Club Paradise Island enhancing destination portfolio.
Dec 18 Port redevelopment deal Positive +0.7% Signed agreement to redevelop Crown Bay District into tourism hub.
Dec 10 Dividend & buyback Positive +4.9% Declared $1 dividend and approved new $2B share repurchase program.
Dec 09 Itinerary expansion Positive -1.6% Expanded 2027–28 Caribbean lineup across 13 ships and new ports.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

RCL has generally traded higher on positive strategic and capital return news, with only occasional divergences on expansion announcements.

Recent Company History

Over the past several months, RCL has reported a series of growth and capital return milestones. In Q3 2025, it delivered strong financials and later entered a $2 billion share repurchase program with a $1.00 quarterly dividend, which coincided with a 4.86% price rise. Infrastructure and destination projects, such as Cruise Terminal G at PortMiami ($345 million) and Crown Bay redevelopment, also saw positive price reactions. A single divergence followed the expanded 2027–28 Caribbean lineup, where shares fell 1.62% despite positive content.

Key Terms

national instrument 43-101, mineral resource estimate, cim definition standards, qualified person
4 terms
national instrument 43-101 regulatory
"prepared in accordance with National Instrument 43-101 – Standards of Disclosure"
National Instrument 43-101 is a set of rules and guidelines that govern how mineral exploration and mining companies must report information about their projects. It ensures that the details shared with investors are accurate, consistent, and reliable—similar to how a detailed, verified blueprint ensures a building’s safety. This helps investors make informed decisions based on trustworthy information about a company's mineral resources.
mineral resource estimate technical
"supporting the initial mineral resource estimate for its 100% owned Deloro"
A mineral resource estimate is a calculated approximation of how much metal or mineral material likely exists in a particular deposit and where it sits underground, similar to estimating how many cookies are in a jar by peeking at the layers. It matters to investors because it provides a data-based starting point for judging a project's potential value, future production and risks, while not guaranteeing recoverable or profitable amounts.
cim definition standards technical
"prepared following the CIM Definition Standards for Mineral Resources and Reserves"
CIM Definition Standards are a set of rules used to classify and report quantities of minerals in a mine or exploration project, spelling out what counts as a measured, indicated, or inferred resource and what is considered a reserve. For investors, they provide a common yardstick so you can compare the size and reliability of mineral estimates across projects — like using the same recipe to judge how likely a cooking result will turn out as advertised.
qualified person regulatory
"a "qualified person" as defined in NI 43-101, has reviewed and approved"
A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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 Experience the Mediterranean like never before in Summer 2026, as Celebrity Xcel erases the line between ship and shore with The Bazaar, a first-of-its-kind destination immersion experience.

MIAMI, Jan. 15, 2026 /PRNewswire/ -- Celebrity Xcel offers guests the chance to continue exploring the destinations they travel to long after the ship has left port at the transformative venue, The Bazaar. As Celebrity Xcel sails to Europe this summer, guests will immerse themselves in four new festivals that bring the sights, sounds, flavors and traditions of the Mediterranean along for the ride.   

"Since the concept launched on Celebrity Xcel in November, The Bazaar has revolutionized destination immersion, keeping guests enveloped in the culture of destinations well beyond their time in port. Sea days have been transformed with spatial design extending the authentic food, beverage and entertainment delivered into a cohesive singular experience," said Laura Hodges Bethge, president of Celebrity Cruises. "From morning to night, and from day to day, the one-of-a-kind experience has captivated guests, and we're excited to transform the experience yet again to bring the heartbeat of the Mediterranean on board throughout every Europe sailing."

Designed to seamlessly blend onboard and in-port experiences, The Bazaar is an elevated, authentic, and ever-changing celebration of culture. The space erases the line between ship and shore bringing each destination to life through a curated mix of destination-inspired festivals, markets offering items from local artisans, hands-on activities, regionally influenced culinary offerings, and unforgettable entertainment. At this first-of-its-kind concept, no two days are the same. With dynamic programming and immersive, three-story LED screens, the space evolves throughout each sailing, offering guests fresh and immersive ways to connect with the Mediterranean destinations they visit – from Florence to Santorini.

At the heart of The Bazaar experience are four Mediterranean-inspired festivals that celebrate the region's vibrant flavors, timeless traditions, and unforgettable moments. These festivals will bring the best of the Mediterranean to life in a myriad of ways, including local food and beverage offerings, crafting experiences, retail enrichment activations, destination-inspired cooking and dance classes, pop-up entertainment and performances from local musicians.

  • Opa Festival immerses guests in the traditions and contagious energy of Greece. By day, this vibrant celebration of Greek culture will fuse iconic cuisine like baklava and moussaka with hands-on activities like "Mati" evil eye jewelry crafts. As the sun sets, the energy rises: live musicians will invite guests to join the party as they twirl napkins, dance, laugh and shout Opa! to the rhythm of beloved hits.

  • Centered around the flavors, beauty, and romance of Italy, guests will indulge in the sweet life with La Dolce Vita Festival. By day, guests will indulge in limoncello and other authentic delights while enjoying hands-on experiences like the art of making pastas and tiramisu. As night falls, guests will find themselves surrounded by Venetian magic, as they step into an evening of elegance and enchantment.

  • A lively fusion of Spain's color, rhythm, and flair, Salud Festival is bold, passionate, and unforgettable. By day, guests will sip sangria and sample local dishes as they create their own Spanish flair with activities like building custom flamenco roses and Spanish fans. The energy erupts at the end of the day, as flamenco dancers and matadors create a celebration of passion and Spanish soul.

  • Silk & Spice Festival invites guests on a sensory journey through the spices, dances, and mesmerizing music inspired by the vibrant cultures of Morocco and Turkey. During the day, guests can sip fragrant teas, enjoy sweet bites of Turkish delight and find hands-on activities. At night, energetic music and whirling dancers will captivate guests in a celebration of rhythm and culture.

For those happiest when connecting to new cultures through food, destination-inspired dining will delight guests' palates with local cuisines. The open kitchen concept, Mosaic, will serve reimagined and elevated dishes, inspired by the flavors of cities like Naples, Mykonos and Lisbon. The Bazaar's casual dining concept, Spice, will offer a daytime selection of rotating bites with special items inspired by the ports visited on each itinerary, along with spectacular views from the floor-to-ceiling windows on the water's edge.

On sea days, Market at The Bazaar invites guests to take the iconic cities they visit across Italy, France, Spain, Greece, Portugal and Morocco with them. Guests can immerse themselves in captivating experiences and find regional delights from local artisans, such as olive oil, Italian scarves, or handmade painted tiles.

Foodies can learn to cook regional delicacies at Chef's Studio at Mosaic, Celebrity's first-ever destination-inspired cooking school. Chef's Studio invites guests to discover their inner chef as they learn to prepare new dishes from each destination they visit. Throughout the sailing, the cooking school repertoire will change to reflect the destination-inspired festival themes, allowing guests to master local favorites and add to their recipe books alongside creating new memories.

On land, an unforgettable European adventure continues, as Celebrity Xcel brings guests to the romance of places like Florence and Palma de Mallorca, the breathtaking scenery of Santorini and Mykonos, and offers overnight stays to linger longer in Madeira.

Starting in May 2026, Celebrity Xcel will set sail on her inaugural European season where guests can immerse themselves in the Mediterranean like never before on seven- to 11-night journeys out of Barcelona and Athens, including all-new overnight stays in Madeira, Portugal.

For more information and to book a sailing with Celebrity Cruises, visit www.celebrity.com, call Celebrity Cruises at 1-800-CELEBRITY or contact a trusted travel advisor. 

About Celebrity Cruises
Celebrity Cruises delivers an elevated premium vacation experience across their fleet of ocean and river ships traveling to over 300 destinations across more than 70 countries spanning all seven continents. Uniquely offering the intimate feel and thoughtful service of small ships, with the variety and excitement of bigger ones – guests can explore the world or get away from it for a little while. With every detail elevated beyond expectations, guests will never want to vacation any other way. An industry pioneer for more than 35 years, each Celebrity vacation offers experiences you won't find anywhere else.

Celebrity Cruises is headquartered in Miami and is a part of Royal Caribbean Group (NYSE: RCL). Visit www.celebritycruises.com for more information, and connect with us on Instagram, Facebook or LinkedIn.

 

FAQ

What did Canada Nickel (RCL) file on SEDAR+ on September 3, 2024?

An independent NI 43-101 technical report supporting the initial mineral resource estimate for the Deloro project.

What is the effective date of the Deloro mineral resource estimate for Canada Nickel (RCL)?

The mineral resource estimate has an effective date of July 17, 2024.

Who prepared the Deloro technical report for Canada Nickel (RCL)?

Caracle Creek International Consulting prepared the report for Canada Nickel.

Are there any material differences from earlier disclosures for Canada Nickel (RCL)?

The company reported no material differences from results disclosed on July 18, 2024.

Where can investors access the Deloro NI 43-101 report for Canada Nickel (RCL)?

The report is available under the issuer profile on SEDAR+.

Who is the qualified person that approved the Deloro technical information for Canada Nickel (RCL)?

Stephen J. Balch P.Geo., VP Exploration, reviewed and approved the scientific and technical information.