Month: May 2021

Trondheim, 11 May 2021: In January, NORBIT announced to be in exclusive negotiations to acquire a European company in the ITS segment. Today, NORBIT is pleased to announce that the company in question is iData Kft., and that a binding agreement governing the acquisition now has been signed. iData Kft., headquartered in Hungary, is a company specialized in vehicle tracking and fleet management related services, with a subscription based recurring revenue business model, and a strong customer base in its home market. As further elaborated on in the January announcement, the acquisition will create a broader platform for growth within NORBIT’s ITS business segment. “We have been impressed by iData’s domain competence and market leading position in its home market within vehicle tracking and fleet management services. By utilizing...

Oslo, Norway – May 11, 2021: REC Silicon ASA (REC Silicon) reported first quarter 2021 revenues of USD 28.1 million versus USD 36.0 million in the fourth quarter of 2020 and EBITDA of USD 4.0 million versus USD 1.9 million in the prior quarter. REC Silicon reported a cash balance of USD 131.5 million on March 31, 2021 compared to USD 134.9 million on December 31, 2020. The Company reported EBITDA contributed by the semiconductor materials segment of USD 10.8 million for the first quarter compared to USD 8.0 million in the first quarter 2020 and USD 11.7 million for the fourth quarter of 2020. The decrease in EBITDA compared to the prior quarter was primarily the result of lower silicon gas sales volumes of 781 MT for the first quarter compared to 881 MT for the prior quarter. “The demand for semiconductor polysilicon and silicon gas has...

TORONTO, May 11, 2021 (GLOBE NEWSWIRE) —  EarthRenew Inc. (CSE: ERTH; OTCQB: VVIVF; Frankfurt: WIMN) (“EarthRenew” or the “ Company”), a Canadian company focused on regenerative agriculture solutions with a secondary revenue source from electricity production, today announced that the CEO, Keith Driver will be hosting a live investor webinar on Thursday, May 13th to go through the Company’s May Investor Presentation including an update on current operations, upcoming milestones, and share some insight on the Replenish acquisition.  You can register for the webinar below: Date: Thursday, May 13th, 2021 Time: 2 PM EST (11 AM MT) Register: Webinar Registration HAVE QUESTIONS? Management will be available to answer your questions following the presentation on the webinar platform. You may also submit your question(s) beforehand via...

Temecula, CA, May 11, 2021 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc., (OTC MARKETS: “GWSO”), a worldwide developer of technologies that help mitigate Global Warming and its effects on the planet announces LOI for the exclusive worldwide licensing rights to a revolutionary technology in the wind turbine industry. This patented turbine technology represents a new generation of wind turbine machines that increases the efficiency of electrical power production triggered by natural wind, at heretofore unprecedented low wind speeds. Wind power is an extremely popular and renewable source of power that is also sustainable. It has a much smaller impact on the environment compared to the burning of fossil fuels.     “When these patented turbine machines get exposed to oncoming wind, they generate lift force at extremely low wind...

PERTH, Western Australia, May 10, 2021 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (TSX &ASX: PRU) is pleased to announce that it has strengthened its board of Directors and simultaneously improved gender diversity on the Board with the appointment of Ms Amber Banfield to the role of Non-Executive Director with effect from May 12, 2021. Amber holds a Bachelor of Engineering (Environmental and Civil) degree and a Master of Business Administration, both awarded by the University of Western Australia. Amber has agreed to assume the role of Chairperson of the Board’s Audit and Risk Committee and will assume specific responsibility for oversight of the Company’s Sustainability (ESG) function. Amber is currently a senior executive with Worley, the world’s largest energy and resources engineering services...

Reconciliation from income for the quarter to EBITDA and Adjusted EBITDA:Reconciliation from income for the quarter to EBITDA and Adjusted EBITDA:ROAD TOWN, British Virgin Islands, May 10, 2021 (GLOBE NEWSWIRE) — Aura Minerals, Inc. (“Aura Minerals” or the “Company”) announces today the Company has filed its consolidated financial statements for the quarter ended March 31, 2020 and related management discussion and analysis. Rodrigo Barbosa, CEO of Aura, comments: “On behalf of the Aura team, I am very pleased to be able to announce these record results for the quarter ended March 31, 2021. The quarter yielded Net Revenues of US$ 116 million and EBITDA of US$ 52 million, continuing our solid growth and performance over the last 3 quarters. We are pleased with the consistent results across our operations over the...

United Kingdom, 11 May 2021 RAK Petroleum plc, the Oslo-listed oil and gas investment company, has today published the attached Country-by-Country Report for the year 2020. For further queries, please contact: Kevin Toner Managing Director RAK Petroleum plcEmail: kevin.toner@rakpetroleum.uk About RAK Petroleum plc RAK Petroleum plc is an Oslo Stock Exchange listed oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are 44.94 percent of DNO ASA and 33.33 percent of Foxtrot International LDC held through Mondoil Enterprises, LLC. DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, DNO holds stakes in onshore and offshore licences at various stages of exploration, development...

BEDFORD, Texas, May 10, 2021 (GLOBE NEWSWIRE) — Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the first quarter ended March 31, 2021.   Financial Highlights:Net revenue for the first quarter of 2021 was $39.9 million. This was a 4.4% or $1.7 million increase from the first quarter of 2020. Interest revenue from our consumer and mobile home park portfolios for the first quarter of 2021 was $6.6 million. This was a 3.3% or $0.2 million increase from the first quarter of 2020. Selling, general and administrative expense in the first quarter of 2021 was $4.8 million. This was a decrease of 14.6% or $0.8 million from the $5.6 million recorded in the first quarter of 2020. Income from operations during the first quarter of 2021 was $10.7 million compared to the $10.6 million recorded in the first...

The Alliance includes off-take, funding rights and further strategic collaboration for new lithium developments in Chile SYDNEY, Australia, May 11, 2021 (GLOBE NEWSWIRE) — Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to announce that its joint venture company, Minera Salar Blanco S.A. (“MSB”) has entered into a non-binding Memorandum of Understanding (the “MOU”) with the Japanese conglomerate Mitsui & Co., Ltd., (“Mitsui”) to set up a strategic alliance to advance the development of the Maricunga project (the “Project”). The MOU intends to create a partnership on the Project. The MOU also addresses the development of the Chilean lithium industry, by partnering to introduce other leading edge efficient and environmentally friendly technologies for processing. The strategic alliance includes...