Month: August 2021

Oslo, 3 August 2021 – DNO ASA, the Norwegian oil and gas operator, today announced that the Kurdistan Regional Government has approved the Company’s acquisition of ExxonMobil’s remaining 32 percent interest in the Baeshiqa license, doubling DNO’s stake. In parallel, commerciality has been declared on the license with plans submitted for fast-track development including early production from previously drilled but suspended wells. DNO has already demonstrated proof of concept of producing these wells through temporary test facilities, having trucked some 15,000 barrels of 40 degree API and 22 degree API oil for export in 2019 and 2020 from the Baeshiqa-2 and Zartik-1 discovery wells. Following the transaction, the joint venture comprises DNO as operator with a 64 percent (80 percent paying) interest, the Turkish Energy Company (TEC) with...

JERICHO, NY, Aug. 02, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Paltalk, Inc., (“Paltalk,” the “Company,” “we,” “our” or “us”) (OTCQB: PALT), a leading communications software innovator that powers multimedia social applications, today announced the pricing of its underwritten public offering of 1,159,400 shares of common stock at a price to the public of $3.00 per share. The shares of common stock are expected to begin trading on The Nasdaq Capital Market, on August 3, 2021, under the symbol “PALT”.  Paltalk expects to receive gross proceeds of approximately $3.5 million, before deducting underwriting discounts and commissions and other estimated offering expenses.  The Company has granted the underwriter a 45-day option to purchase an additional 173,910 shares of common stock at the public offering price per share,...

ST. LOUIS, Aug. 02, 2021 (GLOBE NEWSWIRE) — Huttig Building Products, Inc. (“Huttig”) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials, and wood products, announced today that one of Huttig’s board members was recognized for her role in corporate governance. Gina Hoagland, a member of Huttig Building Products’ Board of Directors, was recognized as a 2021 Director to Watch by Directors & Boards, a publication focused on corporate governance. Directors to Watch was first launched in 2006 and annually features leading women directors who make an impact on public company boards. “We’re honored to have Gina Hoagland on our board of directors and applaud her for this well-deserved recognition from Directors & Boards,” Jon Vrabely, President & Chief Executive Officer, said. Gina chairs the Nominating...

HOUSTON, Aug. 02, 2021 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of July 31, 2021. As of July 31, 2021, the Company’s net assets were $1.1 billion, and its net asset value per share was $8.95. As of July 31, 2021, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 454% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 351%.Kayne Anderson Energy Infrastructure Fund, Inc.Statement of Assets and LiabilitiesJuly 31, 2021(Unaudited)  (in millions)Investments $ 1,559.3  Cash...

HOUSTON, Aug. 02, 2021 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of July 31, 2021. As of July 31, 2021, the Fund’s net assets were $410 million and its net asset value per share was $8.69. As of July 31, 2021, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 491% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 361%.   Kayne Anderson NextGen Energy & Infrastructure, Inc.Statement of Assets and LiabilitiesJuly 31, 2021(Unaudited)  (in...

– Call-in on Tuesday, August 3rd at 9 a.m. ET – AUSTIN, Texas, Aug. 02, 2021 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company focused on Alzheimer’s disease, will release financial results for the period ending June 30, 2021 on Tuesday, August 3, 2021 before the market opens, followed by a conference call. Remi Barbier, President & CEO, and Eric Schoen, Chief Financial Officer, will host a conference call to review financial results and to preview the Company’s growth strategy. The conference call is scheduled to begin at 9:00 am ET on Tuesday, August 3, 2021. Please dial in 15 minutes in advance to ensure a timely connection to the call.Conference call detail are as follows:Toll Free:   1-888-254-3590Toll/International:   1-323-794-2575After the live call, the event...

ANNOUNCEMENT A.P. Møller – Mærsk A/S – Trading update for Q2 2021 and 2021 full year guidance adjustment A.P. Møller – Mærsk A/S (APMM) reports an unaudited revenue of USD 14.2bn, an underlying EBITDA of USD 5.1bn and an underlying EBIT of USD 4.1bn for Q2 2021. The strong quarterly performance is mainly driven by the continuation of the exceptional market situation with strong rebound in demand causing bottlenecks in the supply chains and equipment shortage. Volumes in Ocean increased by 15% and average freight rates improved 59% in Q2 2021 compared to previous year. Consequently, given the strong result in Q2 2021 and the exceptional market situation still expected to continue at least until the end of the full-year 2021, the full year guidance for 2021 has been revised upwards with an underlying EBITDA now expected in the...