NIO Inc. Announces Proposed Secondary Listing on the Stock Exchange of Hong Kong

Written by Customer Service on February 27, 2022. Posted in Public Companies.

SHANGHAI, China, Feb. 27, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the proposed secondary listing of its Class A ordinary shares, par value US$0.00025 per share (the “Shares”) by way of introduction on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”). The Company’s American depositary shares (the “ADSs”), each representing one Share, will continue to be primarily listed and traded on the New York Stock Exchange (the “NYSE”). The Company has received a letter of in-principle approval to the listing application from the SEHK on February 28, 2022 (Beijing/Hong Kong Time) for the listing of the Shares on the Main Board of the SEHK. The listing document relating to the proposed secondary listing...

Equinor to start exiting from Joint Ventures in Russia

Written by Customer Service on February 27, 2022. Posted in Public Companies.

Equinor’s (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. “We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of all those who are suffering because of the military action,” says Anders Opedal, President and CEO of Equinor. Early this week Equinor will present a commitment to contribute funding to the humanitarian effort in the region. “In the current situation, we regard our position as untenable. We will now stop new investments into our Russian business, and we will start the process of exiting our joint ventures in a manner that is consistent with our values. Our top priority in this difficult situation is the safety and security of our people,”...

Perseus Enters Into Agreement to Acquire Orca Gold Inc.

Written by Customer Service on February 27, 2022. Posted in Mergers And Acquisitions.

PERTH, Western Australia, Feb. 27, 2022 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (ASX/TSX:PRU) is pleased to announce that it has entered into a definitive agreement (the “Arrangement Agreement”) with Orca Gold Inc. (“Orca”) (TSXV: ORG) to acquire all of the outstanding common shares of Orca (the “Orca Shares”) not already owned by Perseus. The acquisition will be by way of a statutory plan of arrangement under the Canada Business Corporations Act (the “Orca Acquisition” or “Arrangement”). HIGHLIGHTS Perseus currently owns 15% of the Orca Shares and the holders of the other outstanding Orca Shares have been offered 0.56 Perseus shares for every Orca Share held. Based on Perseus’s last closing price1, Perseus’s offer implies consideration of approximately C$0.896 per Orca Share representing a premium...

Silvano Fashion Group Consolidated Interim Financial Report for Q4 and 12m of 2021 (unaudited)

Written by Customer Service on February 27, 2022. Posted in Public Companies.

Selected Financial Indicators Summarized selected financial indicators of the Group for 12 months of 2021 compared to 12 months of 2020 and 31.12.2021 compared to 31.12.2020 were as follows: in thousands of EUR 12m 2021 12m 2020 Change Revenue 46 686 38 479 21.3% Gross Profit 25 410 23 209 9.5% Operating profit 13 005 10 544 23.3% EBITDA 16 242 14 111 15.1% Net profit for the period 9 924 1 667 495.3% Net profit attributable equity holders of the Parent company 9 031 1 347 570.5% Earnings per share (EUR) 0.25 0.04 525.0% Operating cash flow for the period 12 996 6 356 104.5% in thousands of EUR 31.12.2021 31.12.2020 Change Total assets 53 753 42 256 27.2% Total current assets 40 331 29 597 36.3% Total...

Final Regulatory Approval Received for Newcrest Acquisition of Pretivm

Written by Customer Service on February 27, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Feb. 27, 2022 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that all regulatory approvals required to close the previously announced acquisition of the Company by Newcrest Mining Limited (ASX/TSX/PNGX: NCM) (“Newcrest”) by way of a plan of arrangement (the “Transaction”) have now been received. The receipt of approval under the Investment Canada Act on February 25, 2022 was the final regulatory approval required to close the Transaction and the Transaction is expected to be completed on or about March 9, 2022, subject to the fulfillment of the other customary closing conditions to the Transaction. Following completion of the Transaction, Pretivm expects to cease to be a reporting issuer and that its shares will be delisted from the Toronto Stock...

PDC Energy Reschedules 2021 Fourth Quarter and Year-End Conference Call – Monday, February 28, 2022

Written by Customer Service on February 27, 2022. Posted in Public Companies.

DENVER, Feb. 27, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to reschedule its conference call to discuss its fourth quarter and full-year 2021 operating and financial results. The Company now plans to issue its news release before market open tomorrow – Monday, February 28 – followed thereafter by additional materials. The release and materials will be available on the Company’s website, www.pdce.com. Conference Call and Webcast:Date/Time: Monday, February 28, 2022 at 11:00 a.m. ETDomestic (toll free): 877-312-5520 International: 1-253-237-1142 Conference ID: 2197232Webcast: available at www.pdce.com Replay Information:Domestic (toll free): 855-859-2056 International: 1-404-537-3406 Conference ID: 2197232Webcast Replay: available for six months at www.pdce.com About PDC...

Day: February 27, 2022