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Day: July 26, 2021

Rugby Mining to Acquire Proximo Resources

Figure 1Location map of Proximo’s projects.Figure 2Salvadora project location.Figure 3Salvadora view looking east.Figure 4Photograph looking north over the Cumbres zone (left) and the central Silverado zone (right).Figure 5Enhanced satellite imagery of the Salvadora Project exhibits a prominent 7 km alteration zone.Figure 6Sampling at Silverado (left) and artisanal workings showing sub-horizontal mineralization (right).Figure 7Proximo’s channel sampling geochemistry.Figure 8Deseado Project location map.Figure 9Outcropping hydrothermal breccia and veins – Venidero.Figure 10High level banded silica (assay 4.5 g/t gold).Figure 11Gorgonzola Vein Gold Geochemistry.Figure...

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Recloser Market to Gain Traction; Rising Emphasis on Flexible Power Generation Will Augment Healthy Growth, says Fortune Business Insights™

Some of the Major Companies Present in the Recloser Market are: ABB, Eaton, Schneider Electric, Siemens, S&C Electric Company, G&W Electric Co., NOJA Power, ENTEC Electric & Electronic, Tavrida Electric Global, Arteche, BRUSH Group, Iljin Electric, GE, Hughes Power System, Solomon Corporation Pune, India, July 26, 2021 (GLOBE NEWSWIRE) — The global recloser market size is predicted to reach USD 2.92 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period. The rising investments by the government for the generation of power from renewable energy will bolster the growth of the market. For instance, under the Saubhagya scheme, the government successfully electrified 99% of all houses in India. Additionally, the increasing need for inter-regional grid connectivity and growing technological advancement for...

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Foresight VCT plc – Offer for Subscription and Issue of Prospectus

FORESIGHT VCT PLC (Company) Offer for Subscription and Issue of Prospectus The board of the Company (Board) is pleased to announce the launch of an offer for subscription (Offer) to raise up to £20 million (with an over-allotment facility to raise up to a further £10 million) through the issue of new shares (Offer Shares). The Offer will provide shareholders and new investors with a further opportunity to invest in the Company and benefit from the VCT tax reliefs available to qualifying investors. The Offer opens today and will close for Applications at 12.00 noon on 4 April 2022 in respect of the 2021/2022 tax year and 12.00 noon on 30 April 2022 in respect of the 2022/2023 tax year (or, if earlier, as soon as the Offer is fully subscribed or otherwise at the Board’s discretion). The additional funds raised will allow the Company to...

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Aurora Mobile Confirms No Revenue Concentration in the Chinese K-12 Education Industry

SHENZHEN, China, July 26, 2021 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today confirmed that its business was not subject to concentration in the Chinese K-12 education service providers. Aurora Mobile’s current portfolio of service offerings are purchased by customers from a variety of, well diversified industries with no specific concentration in the Chinese K-12 education industry. Based on the unaudited results for the quarter ended June 30, 2021, the Company’s revenue generated from K-12 education industry customers contributed less than 1.0% of its total revenues. The Company estimated that the revenue contribution from K-12 education industry will remain insignificant going forward. About Aurora Mobile Limited Founded in...

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CIB Marine Bancshares, Inc. Announces Details of Plan to Repurchase All Preferred Stock

Annual Meeting to be Rescheduled for a Later Date BROOKFIELD, Wis., July 26, 2021 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQB: CIBH) announced an agreement with Hildene Capital Management, LLC (including their affiliated investment funds, Hildene Opportunities Master Fund, Ltd. and Hildene Opportunities Master Fund II, Ltd., collectively “Hildene”) on a plan for the repurchase and retirement of all preferred stock over the next four years, including an initial repurchase in 2021 of $18 million for roughly half of the currently outstanding preferred stock, at a price of $825 per share. Implementation of the preferred stock repurchase plan will require amendment of the Company’s Articles of Incorporation. Accordingly, the Company’s proposed Second Amended and Restated Articles of Incorporation...

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Everything Blockchain, Inc., Announces Shareholder Call to Discuss Record Breaking Financial Performance

Fleming Island, Florida, July 26, 2021 (GLOBE NEWSWIRE) — Fleming Island, FL  – July 26, 2021 – EVERYTHING BLOCKCHAIN, INC. (OTC Markets: OBTX) today announces it will conduct a shareholder call on August 16, 2021 at 12:00 noon to discuss its record breaking quarterly performance ending July 31, 2021.  The Company expects to release its quarterly numbers during this shareholder call.  In addition, the Company intends to discuss its recent acquisitions and the corporate strategy for rapid and sustainable growth built on its current successes.  Eric Jaffe, Everything Blockchain’s Chief Executive Officer stated, “The Company’s rapid growth, steps to uplist to the NASDAQ, expansion of technologies, recent decisions to participate in the PulseChain Ethereum fork, and four acquisitions is difficult to explain in press releases.  We...

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Check Point Software Technologies Reports 2021 Second Quarter Financial Results

SAN CARLOS, Calif., July 26, 2021 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the second quarter ended June 30, 2021. Second Quarter 2021:Total Revenue: $526 million, a 4 percent increase year over year Deferred Revenues: $1,472 million, a 10 percent increase year over year GAAP Operating Income: $222 million, representing 42 percent of revenues Non-GAAP Operating Income: $257 million, representing 49 percent of revenues GAAP EPS: $1.38, same as last year Non-GAAP EPS: $1.61, a 2 percent increase year over year Cash flow from operations: $264 million, a 4 percent increase year over year“We had a good second quarter. Strong execution drove double-digit growth across CloudGuard and Harmony, and triple-digit growth in Infinity platform sales. Overall we...

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Coloplast A/S – Transactions in connection with share buy-back programme, week 29

As mentioned in Announcement no. 02/2021 Coloplast is initiating a share buyback programme totalling up to DKK 500 million.The programme commenced on 22 February 2021 and is expected to end by 23 August 2021. The share buyback programme is carried out in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour Regulations with the purpose of meeting obligations arising from share options programmes or other allocation of shares to employees or to complete a share capital decrease as set out in Articles 5(2)(a) and 5(2)(c) in MAR. The following transactions have been executed during the period 19 – 23 July 2021:Date Number of shares Average purchase price, DKK Transaction value, DKK19...

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Proactive news headlines including Anteris Technologies, Polymetals Resources, archTIS and West Wits Mining

Sydney, July 26, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Anteris Technologies Ltd (ASX:AVR, OTC:AMEUF, FRA:DDF) has been granted a patent for its ‘Sterilized packaging system for catheter’ invention by the Commonwealth of Australia Patent Office on July 22, 2021 Click here Polymetals Resources Ltd (ASX:POL) will maintain its strong momentum at the Alahiné Gold Project in Guinea’s Siguiri Basin by extending the phase 2 drilling program. Click here archTIS Ltd (ASX:AR9) has completed its merger with Nucleus Cyber following the issuance of securities as the final instalment of deferred consideration due under the terms of the merger. Click here Valor Resources Ltd (ASX:VAL) continues to enhance its presence in...

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Flourishing Manufacturing Industry to Enable the Servo Drive Market Reach USD 9.31 Billion by 2027

List of the Companies Profiled in the Market: Rockwell Automation, Anaheim Automation, Nidec Motor Corporation, WEG, ABB ,Siemens, Danfoss Drives, Fuji Electric, Schneider Electric, Yaskawa, Toshiba International Corporation, Mitsubishi Electric Automation. Pune, India, July 26, 2021 (GLOBE NEWSWIRE) — The global servo drive market size is projected to reachUSD9.31 Billionby 2027, exhibiting a CAGR of 6.4% during the forecast period. Fortune Business Insights™ shares this information in its report, titled “Servo Drive Market, 2020-2027”. As per the report, the value of the market stood at USD 6.72 billion in 2019. Servo motors are highly popular in applications where precise position control is highly required. Hence, they are extensively utilized in robotic vehicles, metal cutting machines, antenna positioning systems, and oil...

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