Month: March 2022

Barrick Set to Deliver Substantial Future Free Cash Flows

Written by Customer Service on March 18, 2022. Posted in Public Companies.

All amounts expressed in US dollars unless stated otherwise TORONTO, March 18, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is built on a foundation of six Tier One1 gold mines with rolling 10-year plans which secure the company’s ability to generate substantial free cash flows2 for the next decade and beyond, says executive chairman John Thornton. Writing in the company’s 2021 annual report, published today, Thornton notes that in September 2018, when the Randgold merger was announced, Barrick had net debt in excess of $4 billion. Since then it has not only moved into a net cash position but has returned $2.5 billion of cash to shareholders, including last year’s record distribution of $1.4 billion. “As previously announced, after careful consideration of our capital allocation, the board has settled on...

Press Release: Sanofi moves forward with EUROAPI listing on Euronext Paris

Written by Customer Service on March 18, 2022. Posted in Public Companies.

Sanofi moves forward with EUROAPI listing on Euronext ParisSanofi will give its shareholders the opportunity to be part of EUROAPI’s new chapter of growth through an additional extraordinary dividend in kind EUROAPI listing on Euronext Paris will occur in H1 2022, despite volatile market conditions The French State, through the fund French Tech Souveraineté, intends to acquire 12% of EUROAPI’s capital for up to €150 million from Sanofi to become a long-term reference shareholder of EUROAPI As planned, Sanofi will continue to hold circa 30% of EUROAPI, post transaction The overall transaction is subject to approval at the Sanofi 2022 Shareholders Meeting, and the AMF approval on EUROAPI’s French prospectusParis, March 18 2022. Today marks a major milestone for EUROAPI, a leading European company dedicated to the development, production...

Telesat Reports Results for the Quarter and Year Ended December 31, 2021

Written by Customer Service on March 18, 2022. Posted in Earnings Releases And Operating Results.

OTTAWA, March 18, 2022 (GLOBE NEWSWIRE) — Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three-month and one-year periods ended December 31, 2021. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. “I am pleased to report our 2021 fourth quarter and full year results as a dual-listed, public company,” commented Dan Goldberg, Telesat’s President and CEO. “Despite modestly lower year-over-year revenues and Adjusted EBITDA, adjusted for foreign exchange rate changes, Telesat continued to generate strong cash flows, ending the year with over $1.4 billion in cash. We also continued to deliver industry-leading Adjusted EBITDA margins1 with high capacity utilization...

Wellbeing Digital Sciences Reports Financial Results for the Second Fiscal Quarter of 2022

Written by Customer Service on March 18, 2022. Posted in Earnings Releases And Operating Results.

Revenue Exceeded $1.6 Million for the Period Ended January 31, 2022 VANCOUVER, British Columbia, March 18, 2022 (GLOBE NEWSWIRE) — Wellbeing Digital Sciences Inc. (“Wellbeing” or the “Company”) (NEO: MEDI) (OTC: KONEF) (FRA: SQ2), an evidence-based healthcare company focused on innovative clinical solutions, artificial intelligence-powered digital therapeutics and contract research, is pleased to announce that it has filed its financial results for the quarter ended January 31, 2022, which is the second quarter of the Company’s 2022 fiscal year ending July 31, 2022, the highlights of which are included in this news release. The full set of Consolidated Financial Statements and Management Discussion and Analysis can be viewed by visiting the Company’s website at www.wellbeingdigital.co or its profile page on SEDAR at www.sedar.com. Financial...

HEXO Reports Second Quarter 2022 Results, Embarks on Transformative Plan

Written by Customer Service on March 18, 2022. Posted in Earnings Releases And Operating Results.

Company makes significant progress on capital structure and strengthening balance sheet. This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dates May 11, 2021, to its short form base shelf prospectus dated May 7, 2021, and amended and restated on May 25, 2021.Senior Secured Convertible Note expected to be restructured via proposed strategic alliance with Tilray, providing the Company with financial and operating flexibility and up to $50 million of combined cost synergies, while preserving value for HEXO shareholders. New Management revises forecasts, market demand, production capacity, and opportunities for efficiencies and recognizes a $616 million in impairment losses;Executing multiple initiatives to optimize go-forward asset base and align with operational needs.Meaningful...

Decibel Therapeutics Reports Fourth Quarter and Full Year 2021 Financial Results and Corporate Update

Written by Customer Service on March 18, 2022. Posted in Earnings Releases And Operating Results.

– Key anticipated catalysts in 2022 include submission of IND and/or CTA for DB-OTO and results from interim analysis from Phase 1b trial of DB-020 for cisplatin-induced hearing loss – – Research term extended under strategic collaboration with Regeneron to discover and develop gene therapies for hearing loss – – Announced AAV.104 gene therapy program for restoration of hearing in patients with stereocilin-related hearing loss – – Presented new preclinical data supporting continued progress of DB-OTO and importance of cell-selective transgene expression across gene therapy pipeline at the 45th Annual Association for Research in Otolaryngology Conference (ARO) – BOSTON, March 18, 2022 (GLOBE NEWSWIRE) — Decibel Therapeutics (Nasdaq: DBTX), a clinical-stage biotechnology company dedicated...

Centerra Gold Announces Temporary Suspension of Gold Doré Bar Production at the Öksüt Mine

Written by Customer Service on March 18, 2022. Posted in Public Companies.

TORONTO, March 18, 2022 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) today announced that it has temporarily suspended gold doré bar production at the Öksüt Mine due to mercury having been detected in the gold room of the adsorption-desorption recovery (“ADR”) plant. Centerra has taken several initial actions in response, including cleaning mercury from affected areas, taking steps to mitigate and prevent exposure, implementing the necessary safety protocols and protective equipment and is in the process of taking the necessary regulatory reporting steps. The Company is also evaluating several potential technical solutions to remove the mercury in the gold recovery process, including a retort and scrubbing system in the ADR plant, prior to the restart of production. Despite the temporary...

Kering: Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority – March 2022

Written by Customer Service on March 18, 2022. Posted in Public Companies.

Kering Société anonyme with a capital of € 498,771,664 Head office : 40, rue de Sèvres – 75007 PARIS 552 075 020 RCS PARIS March 18, 2022 Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority (AMF – Autorité des Marchés Financiers) Date Total Number of shares Total number of voting rights theoretical 1 Exercisable 2 March 15, 2022 124,692,916 177,586,528 176,962,317 1 Calculated based on all shares with voting rights, including treasury shares stripped of voting rights (Art. 223-11 of AMF General Regulations). 2 Excluding treasury shares stripped of voting rights. AttachmentKering – Statement Number of Shares and voting rights – 03.15.2022

MRC Global Announces First Quarter 2022 Earnings Release and Conference Call Schedule

Written by Customer Service on March 18, 2022. Posted in Public Companies.

HOUSTON, March 18, 2022 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) will release its first quarter 2022 results on May 9, 2022, after the market closes. In conjunction with the release, the company will host a conference call, which will be webcast, on Tuesday, May 10, 2022, at 10:00 a.m. Eastern / 9:00 a.m. Central.What: MRC Global First Quarter 2022 Earnings Conference Call When: Tuesday, May 10, 2022, at 10:00 a.m. Eastern / 9:00 a.m. Central How: Via phone — Dial 201-689-8261 and ask for the MRC Global call at least 10 minutes prior to the start time, or via webcast — at http://www.mrcglobal.comA replay will be available through May 24, 2022, by dialing 201-612-7415 using passcode 13727805#. An archive of the webcast will be available shortly after the call at www.mrcglobal.com for 90 days. About...

Scatec publishes the 2021 Annual Report including an ESG performance Report

Written by Customer Service on March 18, 2022. Posted in Public Companies.

18 March 2022: The Board of Directors of Scatec ASA has approved the annual accounts for 2021, and the 2021 Annual Report including the ESG performance Report has today been published. The Annual Report includes a Subsequent event note summarising Scatec’s financial position, liabilities and insurance coverage in Ukraine. For further information, please contact:Andreas Austrell, VP IRTel: +47 974 38 686, andreas.austrell@scatec.com About ScatecScatec is a leading renewable energy solution provider, accelerating access to reliable and affordable clean energy in high growth markets. As a long-term player, we develop, build, own and operate renewable energy plants, with 3.5 GW of installed capacity across four continents today. We are targeting 15 GW of renewable capacity to be in operation or under construction by the end of 2025, delivered...

Month: March 2022

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