Skip to main content

Year: 2019

SORL Auto Parts Enters Into Definitive Merger Agreement for “Going Private” Transaction

ZHEJIANG, China, Nov. 29, 2019 (GLOBE NEWSWIRE) — SORL Auto Parts, Inc. (NASDAQ: SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced that it has entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Ruili International Inc. (“Parent”), a Delaware corporation and formed on behalf of a consortium consisting of Mr. Xiao Ping Zhang, the Company’s Chairman and Chief Executive Officer, Ms. Shu Ping Chi and Mr. Xiao Feng Zhang, directors of the Company, and Ruili Group Co., Ltd. (collectively, the “Consortium”), and Ruili International Merger Sub Inc. (“Merger Sub”), a Delaware corporation and a wholly-owned subsidiary of Parent.Pursuant to the Merger Agreement, subject to the satisfaction or...

Continue reading

Weyland Tech’s AtozGo Food Delivery Service Surpasses 49,500 Customers and 14,500 Daily Deliveries in Just Four Months Since Launch

NEW YORK, Nov. 29, 2019 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, reported that its AtozGo ™ local food delivery service in Jakarta, Indonesia, has reached a registered customer base of 49,500 mobile users and 14,500 deliveries per day after only four months since its inaugural launch in July.Powered by Weyland’s m-Commerce technology and the AtozPay™ mobile payment platform, AtozGo allows office workers and city dwellers to order food delivered from their local favorite restaurants. Using their smartphone, they can browse menus, easily order and pay using their AtozPay e-Wallet, and track deliveries to their door. AtozGo saves the hassle of going out and waiting in line, while providing a fast and easy way for others to make extra...

Continue reading

Ideal Power to Present at the 12th Annual LD Micro Main Event on December 11, 2019

AUSTIN, Texas, Nov. 29, 2019 (GLOBE NEWSWIRE) — Ideal Power Inc. (NASDAQ: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, has been invited to present at the 12th Annual LD Micro Main Event being held on December 10-12, 2019 at the Luxe Sunset Boulevard Hotel in Los Angeles, California.Ideal Power Chairman, CEO Lon Bell and B-TRAN™ Chief Commercial Officer Dan Brdar will host one-on-one meetings held throughout the day on Wednesday, December 11, 2019. The Ideal Power management team is scheduled to present as follows:12th Annual LD Micro Main EventDate: Wednesday, December 11, 2019Presentation Time: 2:00 p.m. Pacific timeLocation: Luxe Sunset Boulevard Hotel, Track 3 (11461 Sunset Blvd, Los Angeles)Webcast: http://wsw.com/webcast/ldmicro17/ipwr/For...

Continue reading

Robex Resources Inc. Prepares the Future, Improves Its Operations, Strengthens Safety, Continues CSR and Sets Up a Motivation and Loyalty System for Its Team

QUEBEC CITY, Nov. 29, 2019 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex” and/or “the Company”) (TSXV: RBX / FWB: RB4) is pleased to publish news on their on-going operations.EXPLORATIONThe Board has placed additional emphasis on the budget allocated to prospecting in order to accelerate the work needed to discover new supplementary deposits.Until now, such work was mainly outsourced. Though this provided excellent results, we think they could be sped up further by integrating work into the Company on a wider scale and minimizing subcontracting—enabling faster work at a lower cost.ROBEX has set up a new exploration department integrating internal skills and supervised by 2 independent QPs. From January 2020, this means drilling continuously (and no longer by campaign). This will optimize costs, increase...

Continue reading

Ressources Robex Inc. prépare le futur, améliore ses opérations, renforce la sûreté, continue la RSE et met en place un système de motivation et fidélisation de ses équipes

QUÉBEC, 29 nov. 2019 (GLOBE NEWSWIRE) — Ressources Robex Inc. (« Robex » et/ou « la Société ») (TSXV : RBX / FWB : RB4) est heureuse de publier des nouvelles sur ses opérations en cours.EXPLORATIONLa Direction a donné un accent supplémentaire au budget alloué à la prospection afin d’accélérer les travaux nécessaires à la découverte de nouveaux gisements complémentaires.Jusqu’à présent, cette activité était le résultat d’un travail largement sous-traité, ce qui a donné des résultats performants, mais dont nous pensons qu’ils peuvent être encore accélérés en intégrant plus largement les travaux en interne à la Société et en minimisant la sous-traitance – Ceci permettant de travailler plus vite et moins cher.La société ROBEX a donc mis en place un nouveau département d’exploration intégrant les compétences internes, et supervisé...

Continue reading

Gulf Resources Clarifies the Possible Effect of the Proposed Reverse Stock Split on the Company’s Proposed 2019 Omnibus Equity Incentive Plan

SHOUGUANG, China, Nov. 29, 2019 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today clarified the possible effect of the proposed reverse stock split on the Company’s proposed 2019 Omnibus Equity Incentive Plan.On our 2019 third quarter earnings conference call held on November 14, 2019, a shareholder asked a question about the possible impact of the proposed reverse stock split on the proposed 2019 Omnibus Equity Incentive Plan that will be voted on at the annual shareholders meeting on December 18, 2019. The Company would like to clarify and make sure that all shareholders fully understand this subject.As disclosed in the definitive proxy statement filed with the US Securities...

Continue reading

AFARAK GROUP: INTERIM REPORT Q3/2019

13:00 London, 15:00 Helsinki, 29 November 2019 – Afarak Group Plc (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)AFARAK GROUP: INTERIM REPORT Q3/2019TOUGH QUARTER FOR AFARAKLow market prices and slow demand cause further losses in the FerroAlloys segment while the Speciality Alloys segment performance was at the same level as last year.QUARTER THREE 2019 HIGHLIGHTSRevenue for the third quarter of 2019 decreased by 21.1% to EUR 33.6 (Q3/2018: 42.6) million;Processed material sold decreased by 15.5%, to 21,554 (Q3/2018: 25,521) tonnes;Tonnage mined decreased by 40.6%, to 93,039 (Q3/2018: 156,518) tonnes;The Group’s EBITDA was EUR -4.5 (Q3/2018: -2.5) million and the EBITDA margin was -13.5% (Q3/2018: -5.9%);EBIT was EUR -10.1 (Q3/2018: -4.3) million, with the EBIT margin at -29.9% (Q3/2018: -10.0%);Profit...

Continue reading

AFARAK GROUP: OSAVUOSIKATSAUS Q3/2019

13:00 Lontoo, 15:00 Helsinki, 29.9.2019 – Afarak Group Oyj (”Afarak” tai ”Yhtiö) (LSE: AFRK, NASDAQ: AFAGR)AFARAK GROUP: OSAVUOSIKATSAUS Q3/2019AFARAKILLA VAIKEA NELJÄNNESMatalat markkinahinnat ja heikko kysyntä aiheuttavat rautametalliseosliiketoiminnassa edelleen tappioita, kun taas erikoismetalliliiketoiminnan tulos pysyi viime vuoden tasolla.VUODEN 2019 KOLMANNEN VUOSINELJÄNNEKSEN YHTEENVETOVuoden 2019 kolmannen neljänneksen liikevaihto laski 21,1 prosentilla 33,6 (Q3/2018: 42,6) miljoonaan euroon;Jalostettujen tuotteiden myynti laski 15,5 prosentilla 21.554 (Q3/2018: 25.521) tonniin;Kaivostoiminnan tuotanto laski 40,6 prosentilla 93.039 (Q3/2018: 156.518) tonniin;Konsernin käyttökate oli ‑4,5 (Q3/2018: ‑2,5) miljoonaa euroa ja käyttökateprosentti oli ‑13,5 prosenttia (Q3/2018: ‑5,9 %);Liikevoitto oli ‑10,1 (Q3/2018: ‑4,3) miljoonaa...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.