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Day: August 25, 2022

GOGL – Second Quarter 2022 Results

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world’s leading owner of large size dry bulk vessels, today announced its unaudited results for the three and six month period ended June 30, 2022. HighlightsNet income of $163.7 million and earnings per share of $0.82 for the second quarter of 2022 compared with net income of $125.3 million and earnings per share of $0.63 for the first quarter of 2022. Adjusted EBITDA of $191.6 million for the second quarter of 2022, compared with $149.4 million for the first quarter of 2022. Reported TCE rates for Capesize and Panamax/Ultramax vessels of $30,661 per day and $27,581 per day, respectively, in the second quarter of 2022. Reported TCE rate for the total fleet of $29,431 per day. Completed the $275 million refinancing of 14 Capesize vessels at attractive...

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SalMar – Continued solid operational performance and record high salmon prices gave strong results

Total operational EBIT for Norway for the second quarter was NOK 952 million (NOK 32.34 per kg). Fish Farming Central Norway and Northern Norway delivered record results due to high salmon prices and continued strong operational performance. The underlying operational performance of Sales and Industry was solid, but results were affected by negative contribution from contracts. Icelandic operations delivered solid results due to strong price achievement and stable cost development. SalMar Aker Ocean progressing according to plan. The SalMar group’s operational EBIT for the second quarter was NOK 1,048 million (NOK 32.35 per kg). This excludes costs connected to lawsuits in North-America amounting to NOK 164 million. SalMar keeps the volume guiding for 2022 unchanged in all regions. In April the voluntary offer to acquire all outstanding...

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Alkaline Fuel Cell Power Provides Conceptual Design of Low-Cost Fuel Cell Generator and Updated Timeline for Development

Figure 1 10kW fuel cell generator conceptual imageTORONTO, Aug. 25, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to update investors on the development of its low-cost fuel cell technology, including a conceptual image of its recently announced 10 kW fuel cell generator, timing for deployment of six fuel cell units for pilot projects globally, and update of the Company’s webpage and investor presentation. www.fuelcellpower.com “AFCP is looking forward to deploying its four additional CE-certified low-cost fuel cell generator prototype units in 2024 and 2025, on top of the two 4kW combined heat and power (“CHP”)...

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Allkem Delivers Record Full Year Results

BRISBANE, Australia, Aug. 24, 2022 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: AKE, the Company) provides financial results for the Allkem Group (the Group) for the full year ended 30 June 2022 which includes results of the former Galaxy assets for the 10-month period post-merger date, between 25 August 2021 to 30 June 2022. Record financial results have been achieved in the first year of the highly successful merger of Orocobre Limited and Galaxy Resources. The merger has generated substantial value through the combination of outstanding operating assets and development projects. The Company has restructured around the global portfolio and continues to strengthen the management, operating and development teams by attracting the highest quality personnel. New development and expansions are expected to see the business expand three-fold...

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AMENDED: Altisource Asset Management Corporation Announces an Update to Its Business Model

CHRISTIANSTED, U.S. Virgin Islands, Aug. 24, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Altisource Asset Management Corporation (NYSE American: AAMC), please note that the hyperlink for the Business Model Update in the first paragraph was incorrect. The corrected release follows: Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announced today that it has updated its business model. The Business Model Update is available at https://ir.altisourceamc.com/events-presentations. About AAMC AAMC is an alternative lending company that provides liquidity and capital to under-served markets. We also continue to assess opportunities that could potentially be of long-term benefit to shareholders such as Crypto-ATMs. Additional information is available at www.altisourceamc.com. Forward-looking...

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Medivolve Announces Launch of Investor Awareness Campaign and Refiling of Q2 2022 Financial Statements

TORONTO, Aug. 24, 2022 (GLOBE NEWSWIRE) — Medivolve Inc. (“Medivolve” or the “Company”) (NEO: MEDV; OTC: COPRF; FRA: 4NC) is pleased to announce the launch of an investor marketing campaign to raise awareness of the Company in the investing community. The Company also announces that it has amended and refiled its condensed interim consolidated financial statements (the “Q2 2022 Financials”) and corresponding management’s discussion and analysis (the “Q2 2022 MDA”) for the six-month period ended June 30, 2022. Wallstreet Investor Club Medivolve has entered into a services agreement with Lion Capital Investment Limited (“Lion”), pursuant to which Lion will provide marketing services under the trade name Wallstreet Investor Club for a period of six months for a fee of US$250,000. Lion is a marketing consultant based in the Cayman...

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