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Day: May 24, 2022

Tissue Paper Market Size Worth USD USD 124.74 Billion by 2029 | Innovative Products have a Positive Impact on the Market

Companies covered in tissue paper market are Von Drehle Corporation (U.S.), First Quality Tissue LLC (U.S.), St Croix Tissue (U.S.), Orchid Paper Products Company (U.S.), AbitibiBowater Inc. (Canada), Kruger Inc. (Canada), Asian Pulp & Paper (China), Svenska Cellulosa AB (Sweden), Hengan (China), CMPC Tissue SA (Chile), Sofidel Group (Italy), Faderco (Algeria), and other players profiled Pune,India, May 24, 2022 (GLOBE NEWSWIRE) — The global tissue paper market size reached USD 76.52 billion in 2021. The market value is anticipated to increase from USD 80.99 billion in 2022 to USD 124.74 billion by 2029 at a CAGR of 6.4% during the forecast duration. Tissue paper is widely used for sanitation and hygiene. People are becoming more aware of the importance of personal hygiene and sanitation, so pulp-based sanitary products are...

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Proactive news headlines including Okapi Resources, Valor Resources, Azure Minerals and Tietto Minerals

Sydney, May 24, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Okapi Resources Ltd (ASX:OKR) has entered into a binding agreement to divest its interest in the Lake Johnston Project in central Western Australia to Nordau Pty Ltd for a total consideration of up to $1.2 million. Click here Valor Resources Ltd (ASX:VAL) has kicked off an airborne gravity gradiometry (AGG) survey at the Hook Lake and Hidden Bay uranium projects in the eastern Athabasca Basin. Click here Azure Minerals Ltd (ASX:AZS) has identified a 4-kilometre-long nickel corridor at the Andover Project in Western Australia via rock chip sampling and diamond drilling, with the possibility of a further 6 kilometres of corridor to the east yet to be fully...

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2022 no. 8 – Ahlsell to acquire 75.49% of the shares in Sanistål by conditional share purchase agreements with major shareholders and make a voluntary, recommended offer to the minority shareholders of Sanistål

Aalborg, 24 May 2022 Ahlsell Danmark ApS (“Ahlsell”) has agreed to acquire, subject to certain conditions, the shares in Sanistål A/S (“Sanistål” or the “Company”) held by Danske Bank A/S, Nordea Bank Abp, Jyske Bank A/S and Nykredit Bank A/S (the “Major Shareholders”). The Major Shareholders hold a total of 75.49% of the share capital of Sanistål and will sell their shares at a price of DKK 58 per share. Further, Sanistål and Ahlsell today entered into a transaction agreement, pursuant to which Ahlsell intends to submit a voluntary, conditional, recommended offer to the minority shareholders of Sanistål to acquire all other shares including any treasury shares (the “Offer”). Pursuant to the terms of the Offer, all other shareholders than the Major Shareholders are offered a...

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CDW Holding updates on diversification efforts and sustainability direction

As part of its diversification efforts, the Group has been pursuing new business opportunities which are aimed at transforming traditional industries to be more environment-friendly and to improve human life The diversification businesses span diverse industries like drug development, skincare, clean energy, and water purification Adopts UN Sustainable Development Goals as a framework to guide diversification effortsSINGAPORE, May 24, 2022 (GLOBE NEWSWIRE) — SGX Mainboard-listed CDW Holding Limited (“CDW”, the “Company”, or collectively with its subsidiaries, the “Group”) is pleased to share an update on its diversification efforts and announce a new strategic direction for the Group, centred around the United Nations’ Sustainable Development Goals (“UN SDGs”). CDW’s Diversification EffortsThe Group is a leading manufacturer...

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Transfer of treasury shares

Transfer of treasury shares In conformity with Financial Conduct Authority (“FCA”) Listing Rule 12.6.4, Stagecoach Group plc (the “Company”) announces that on 23 May 2022, 10,438,095 ordinary shares of 125/228p each were transferred from treasury in satisfaction of the vesting of awards made under the Company’s Executive Participation Plan and Restricted Share Plan. Following the transfer of the shares referred to above, the issued share capital of Stagecoach Group plc was 576,099,960 Ordinary shares of 125/228th pence each. This figure includes 14,143,274 Ordinary shares held in treasury. The total number of voting rights in Stagecoach Group plc is 561,956,686. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change...

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Company Update – Tajikistan

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 24 May 2022 Vast Resources plc(‘Vast’ or the ‘Company’) Company Update – Tajikistan Vast Resources plc, the AIM-listed mining company, is pleased to announce that further to the announcement made on 3 May 2022 regarding its acquired interest in a joint venture company which provides exposure to a near term revenue opportunity from the Takob Mine processing facility in Tajikistan (“Takob”), the Company has executed a Memorandum of Understanding (“MoU”) linked to processing the tailings produced at Takob. The MoU, agreed between the Company’s Tajikistan focused Joint Venture subsidiary, and Open Joint Stock Company “Talco” is a separate and additional project to the Takob Joint Venture Project announced on 3 May 2022. The Company can announce that as part of this project, its...

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FRO – First Quarter 2022 Results

FRONTLINE LTD. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2022 Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three months ended March 31, 2022: HighlightsNet income of $31.1 million, or $0.15 per basic and diluted share for the first quarter of 2022. Adjusted net loss of $1.6 million, or $0.01 per basic and diluted share for the first quarter of 2022. Reported total operating revenues of $217.4 million for the first quarter of 2022. Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the first quarter of 2022 were $15,700, $16,900 and $19,000 per day, respectively. For the second quarter of 2022, we estimate spot TCE on a load-to discharge basis of $22,600 contracted for 74% of vessel days for VLCCs, $32,700 contracted for 70% of vessel days for Suezmax tankers and $46,300...

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Cornish Metals Successfully Closes £40.5 Million Financing

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Cornish Metals Inc. (TSX-V/AIM: CUSN) (“Cornish Metals” or the “Company”), a mineral exploration and development company focused on tin / copper projects in Cornwall, United Kingdom, is pleased to announce that it has closed the previously announced £40,500,000 (approximately C$64,800,000 based on the Bank of Canada’s closing exchange rate for May 20, 2022 of C$1.6005/£) unit offering (the “Offering”) (see news release dated March 28, 2022). Richard Williams, CEO of Cornish Metals, stated; “The completion of this financing allows Cornish Metals to push ahead with the dewatering of the mine and delivery of a Feasibility Study in order to make a production decision for the South Crofty tin project. “We...

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Air France-KLM launches a €2.256 billion rights issue to be subscribed in cash and/or by offsetting claims

Roissy, 24 May 2022 Air France-KLM launches a €2.256 billion rights issue to be subscribed in cash and/or by offsetting claims The Company is continuing to strengthen its balance sheet and accelerates the repayment of state aids, increasing its strategic flexibility Air France-KLM S.A. (“Air France-KLM”, the “Company”) announces today the launch of a capital increase with preferential subscription rights (the “Rights“) to existing shareholders maintained to raise gross proceeds of €2.256 billion (the “Rights Issue”) through the issuance of 1,928 million new shares in Air France-KLM (the “New Shares”), to be subscribed in cash and/or by offsetting claims. This transaction, which aims to strengthen the company’s equity and balance sheet, follows the 2021 capital increase and comes after new recapitalization measures were announced...

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Flex LNG – Ex Date Q1 2022

May 24, 2022Hamilton, Bermuda The shares in Flex LNG Ltd (Ticker: FLNG) will be traded ex dividend of USD 0.75 per share for the first quarter of 2022 as of today, May 24, 2022. The dividend will be paid USD on or about June 7, 2022. The dividend payable to shares registered with Euronext VPS will be paid in NOK on or about June 10, 2022.  For more information, please contact:  Knut Traaholt, Chief Financial Officer of Flex LNG Management AS Telephone: +47 23 11 40 00Email: IR@flexlng.com 

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