Month: April 2022

Proactive news headlines including QMines, Critical Resources, Rumble Resources and CuFe Ltd

Written by Customer Service on April 8, 2022. Posted in Mergers And Acquisitions.

Sydney, April 08, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:QMines Ltd (ASX:QML) has received a price target of $0.74 from Shaw and Partners based on an EV/resource multiple benchmarked against a range of copper exploration peers. Click here Critical Resources Ltd (ASX:CRR) has appointed Milan Bogunovic as Chief Financial Officer (CFO), commencing immediately. Click here Rumble Resources Ltd (ASX:RTR) will lose Brett Keillor from its board, effective April 14, 2022, but he’ll remain with the company in his full-time duties as head of technical. Click here CuFe Ltd (ASX:CUF)’s deal with Gecko Mining Company Pty Ltdto secure a 60% interest in the Tennant Creek Project in the Northern Territory is subject to...

AKWEL: NET EARNINGS OF €51.2 M IN 2021

Written by Customer Service on April 8, 2022. Posted in Earnings Releases And Operating Results.

Thursday 7 April 2022 NET EARNINGS OF €51.2 M IN 2021 AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted its 2021 annual results.Consolidated data – in € millions 2021 2020 Var. in %Revenue 922.5 937.2 -1.6%EBITDA 117.1 175.3 -33.2%Current operating income 75.2 113.7 -33.8%Current operating margin 8.2% 12.1% -3.9 ptsOperating income 70.4 107.0 -34.2%Financial income (2.2) (1.9) –Net result (group share) 51.2 85.5 -40.2%Net margin 5.5% 9.1% -3.6 ptsAKWEL managed to achieve its objective of increasing business, with reported revenue down 1.6% but up 2.8% at constant scope and exchange rates. Gross operating surplus (EBITDA) was down 33.2%. Profit from recurring operations was €75.2m, down...

TGS Publishes its 2021 Annual Report

Written by Customer Service on April 8, 2022. Posted in Public Companies.

OSLO, Norway (8 April 2022) – TGS, a global provider of energy data and intelligence, today published its 2021 Annual Report. In addition, TGS has published its Declaration on Executive Remuneration (DER) pursuant to the Norwegian Public Limited Liability Companies Act, section 6-16 a(2). Both the 2021 Annual Report and DER are available on the TGS corporate website to shareholders and other interested parties via this link: https://www.tgs.com/investor-center/financial-reports/annual-reports. About TGSTGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. Forward Looking StatementAll statements in this...

Grieg Seafood ASA: Q1 2022 trading update

Written by Customer Service on April 8, 2022. Posted in Public Companies.

Grieg Seafoods total harvest volume for the first quarter 2022 was approximately 16 900 tonnes GWT. Harvest volume (tonnes GWT) by region for the quarter:Rogaland: 9 600Finnmark: 5 200British Columbia: 2 100 Average regional farming costs per kg for the quarter were approximately:Rogaland: NOK 42.0Finnmark: NOK 42.0British Columbia: CAD 7.9 The complete Q1 2022 report will be released Friday 13 May 2022 at 06:00 CEST.For enquiries, please contact:Andreas Kvame, CEOCell phone: +47 907 71 441 Atle Harald Sandtorv, CFOCell phone +47 908 45 252About Grieg SeafoodGrieg Seafood ASA is one of the world’s leading salmon farmers. Our farms are in Finnmark and Rogaland in Norway, and British Columbia as well as Newfoundland in Canada. Our headquarter is located in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange...

NowVertical Group Reports Fourth Quarter and Full Year 2021 Results and Other Recent Developments

Written by Customer Service on April 8, 2022. Posted in Earnings Releases And Operating Results.

Q4 2021 Adjusted Revenues was $1.5 million1, an increase of 312% over Q4 2020 2021 Pro Forma TTM Adjusted Revenues was $7.0 million1, an increase of 126% over 2020 Current Pro Forma 2021 Adjusted Revenues was $30.5 million1 as at April 6, 2022, an increase of nearly ten times since May 24, 2021 (release date)TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a big data, analytics and vertical intelligence (“VI”) software and services company, today announces its financial results for the three and twelve months ended December 31, 2021. “Our results demonstrate the powerful opportunity in the continuing execution of our strategy. We are acquiring great companies and successfully integrating them with our existing business to leverage the power of our NOW software stack with...

NEW WAVE PROVIDES CORPORATE UPDATE AND ANNOUNCES NEW OFFICER

Written by Customer Service on April 8, 2022. Posted in Public Companies.

VANCOUVER, BC, April 07, 2022 (GLOBE NEWSWIRE) — New Wave Holdings Corp. (the “Company” or “New Wave”) (CSE:SPOR, FWB: 0XMB, OTCPK: TRMNK) is pleased to announce that at the Company’s annual general meeting held on March 28, 2022, shareholders have re-elected Geoff Balderson, Robert Kang and Anthony Zelen as directors of the Company and all the proposed resolutions were duly passed. The Company also announces the resignation of Willie Tsang and the appointment of Robert Liard Birmingham in his place as the Interim Chief Executive Officer of the Company. Mr. Birmingham has over 15 years of public markets experience, with a focus on corporate development, investor relations and capital raising. Mr. Birmingham is currently CEO and a director of Brigadier Gold Ltd. and director of BIGG Digital Assets. Mr. Birmingham is the founder...

Genmab Announces the Initial Resolution of its Arbitration with Janssen Relating to their Daratumumab License Agreement

Written by Customer Service on April 7, 2022. Posted in Public Companies.

Company Announcement COPENHAGEN, Denmark; April 8, 2022 – Genmab A/S (Nasdaq: GMAB) announced today an award in the binding arbitration of two matters arising under its license agreement with Janssen Biotech, Inc. (Janssen) relating to daratumumab. The arbitral tribunal issued an award on April 7, 2022, deciding both issues in favor of Janssen. Genmab has the right to seek review of the award, which it must do within a limited period of time. Such review should conclude with the issuance of a final award prior to the end of 2022. Genmab is currently considering its options. The first issue concerned the question as to whether Janssen’s obligation to pay royalties on sales of licensed product extends, in each applicable country, until the expiration or invalidation of the last-to-expire relevant Genmab-owned patent or the last-to-expire...

Partners Value Split Corp. Announces 2021 Annual Results

Written by Customer Service on April 7, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company” TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $169.52 at December 31, 2021. All amounts are in US dollars. Income available for distribution for the year ended December 31, 2021 was $103 million compared to $57 million in the prior year. Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on our website at www.partnersvaluesplit.com. STATEMENTS OF COMPREHENSIVE INCOMEAs at and for the years ended December 31 (USD Thousands) 2021 2020 Income Investment income $ 105,479 $ 57,663 Expenses Operating (2,036 ) (373 )Income available...

Partners Value Investments L.P. Announces 2021 Annual Results

Written by Customer Service on April 7, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the year ended December 31, 2021. All amounts are stated in US dollars. The Partnership generated net income of $31 million for the year ended December 31, 2021 compared to $44 million in the prior year. The net income is lower in the current year due to a foreign currency loss of $29 million, compared to a $10 million gain in the prior year, and higher preferred share dividends paid, which were partially offset by an increase in dividend income. The increased dividend income is due to a one-time special dividend-in-kind from Brookfield, which was valued at $46 million. In December 2021, the Partnership successfully completed a substantial issuer bid for its Equity LP...

Partners Value Investments Inc. Announces 2021 Annual Results

Written by Customer Service on April 7, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the year ended December 31, 2021. All amounts are stated in US dollars. The Company recorded Adjusted Earnings of $52 million for the year ended December 31, 2021, compared to $53 million in the prior year. Adjusted Earnings is lower in the current year due to a foreign currency loss of $20 million, compared to a $7 million gain in the prior year, and higher preferred share dividends paid, which were partially offset by an increase in dividend income. The increased dividend income is due to a one-time special dividend-in-kind from Brookfield, which was valued at $46 million. The Company generated a net loss of $1.0 billion for the year ended December 31, 2021 compared to net income of...

Month: April 2022

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