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Month: August 2022

Belships ASA: Report 2nd quarter 2022

CONTINUED GROWTH, PROFITABILITY, AND DIVIDEND HIGHLIGHTS Operating income of USD 194.0m (USD 140.4m)   EBITDA of USD 48.9m (USD 36.0m) including USD 9.4m from Lighthouse Navigation  Net result of USD 31.6m (USD 22.5m)  Declared dividend of USD 19.5m (NOK 0.75 per share)  TCE of USD 24 437 gross per day for owned fleet  Acquired five modern Ultramaxes and divested one vessel, net cash invested USD 6m  Entered into time charter contracts for five vessels for periods of about 2 years   97 per cent of ship days in Q3 are fixed at about USD 24 200 gross per day. 72 per cent of ship days in the next four quarters are fixed at about USD 23 500 gross per day.  Modern fleet of 31 vessels with an average age below four years and daily cash breakeven for 2022 of about USD 10 000 per vesselFinancial results commentaryBelships reports a net result...

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Sievi Capital Plc’s Half-Year Report 1 January–30 June 2022

Sievi Capital Plc Stock exchange release 17 August 2022 at 8:00 am EEST Sievi Capital Plc’s Half-Year Report 1 January–30 June 2022 The net sales of target companies mostly increased under exceptional circumstances This is the summary of the Half-Year Report for January–June 2022. The full Half-Year Report is attached to this release and is also available on the company’s website at www.sievicapital.fi. April–June 2022Operating profit was EUR -2.4 (9.4) million Net profit for the period was EUR -1.9 (7.6) million Earnings per share (undiluted and diluted) were EUR -0.03 (0.13) HTJ increased its infrastructure and industrial construction expertise through an acquisition Indoor Group agreed on the acquisition of the business operations of 10 Sotka stores from franchiseesJanuary–June 2022Operating profit was EUR -5.3 (13.1) million Net...

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Marimekko’s financial reporting and Annual General Meeting in 2023

Marimekko Corporation, Stock Exchange Release, 17 August 2022 at 8.15 a.m. Marimekko’s financial reporting and Annual General Meeting in 2023 In 2023, Marimekko Corporation will publish financial information as follows:Financial Statement Bulletin 2022, on Thursday, 16 February 2023 at 8.00 a.m. Interim Report 1 January–31 March 2023, on Tuesday, 16 May 2023 at 8.00 a.m. Half-Year Report 1 January–30 June 2023, on Thursday, 17 August 2023 at 8.00 a.m. Interim Report 1 January–30 September 2023, on Wednesday, 8 November 2023 at 8.00 a.m.Marimekko observes a silent period of 30 days prior to publishing of financial information. The company’s Financial Statements and the Report of the Board of Directors 2022 will be published in week 12, at the latest. Marimekko’s Annual General Meeting is planned to be held on Thursday, 13 April 2023...

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Tecan delivers strong financial performance in the first half of the year and raises sales outlook for full year 2022

Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Financial results for the first half of 2022 – HighlightsSales of CHF 584.0 million (H1 2021: CHF 454.0 million)Growth of +28.6% in Swiss francs or +29.0% in local currencies Strong growth of organic non-COVID-related sales, estimated in the mid-teens percentage range, largely offset substantial decline in COVID-related revenues recorded in prior-year period Organic sales decline of only -4.3% in local currencies, against a high COVID-driven comparison base of +47.5% growth in the prior-year period Life Sciences Business segments achieved organic growth of +4.3% in local currencies based on strong global demand for automation solutionsWith +34.2% in local currencies, order entry increased at higher rate than sales to CHF 600.5 million (H1...

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Figures for first half 2022: Schweiter sees sales continue to grow in first half year

  Ad hoc announcement pursuant to Art. 53 LR Figures for first half 2022 Schweiter sees sales continue to grow in first half yearSales growth of 5% at constant exchange rates (+3% in Swiss francs), supported by price increases and greater sales volumes for architecture products EBITDA at CHF 57.0 million (previous year: CHF 77.8 million) Results impacted by significant cost increases and COVID lockdown in ChinaSteinhausen, August 17, 2022 – Schweiter Technologies recorded healthy organic sales growth and hit a record high. Net sales increased by 3% (in local currencies: +5%) to reach CHF 647.8 million. Price adjustments and increased efficiencies did not suffice to fully offset the sharp rise in material and energy costs and negative currency effects, which led to a lower operating profit in the first half year in comparison with...

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New United States Inflation Reduction Act provides incentives for PowerTap to expand in USA outside of California

VANCOUVER, British Columbia and IRVINE, Calif., Aug. 17, 2022 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp. (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) is pleased to provide an update on the US Inflation Reduction of Act (IRA) of 2022 recently signed by President Biden, which allows PowerTap to expand outside of California since the incentives are now also at federal level. The Inflation Reduction Act (IRA) of 2022 will result in an investment of $369 billion in energy and climate change programs (link here) and will avoid 6.3 billion tons of cumulative greenhouse gas emissions by 2030 (Princeton University ZERO Lab Preliminary Report: The Climate and Energy Impacts of the Inflation Reduction Act of 2022), amounting to a 40 percent annual emissions reduction compared to 2005 levels (link here)....

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Mexican Gold Announces Private Placement Repricing

// THIS PRESS RELEASE IS NOT INTENDED FOR RELEASE OR DISSEMINATION IN THE UNITED STATES // VANCOUVER, British Columbia, Aug. 16, 2022 (GLOBE NEWSWIRE) — Mexican Gold Mining Corp. (the “Company” or “Mexican Gold“) (TSXV: MEX, OTCQB: MEXGF) announces that it has reduced the per Unit price of the private placement offering announced July 29, 2022 (the “Offering”) and increased the number of Units offered. The price per Unit of the Offering has been reduced from $0.02 per Unit to $0.015 per Unit. As it remains the Company’s intention to raise $150,000, the number of Units offered has increased from 7,500,000 to 10,000,000 accordingly. All other terms and conditions of the Offering remain unchanged with each Unit consisting of one (1) common share in the capital of the Company (“Share”) and one (1) Share purchase warrant (“Warrant”),...

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Sprott Physical Platinum and Palladium Trust Updates Its “At-the-Market” Equity Program

TORONTO, Aug. 16, 2022 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Platinum and Palladium Trust (NYSE: SPPP) (TSX: SPPP / SPPP.U) (the “Trust”), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical platinum and palladium bullion, today announced that it has updated its at-the-market equity program to issue up to US$100 million of units of the Trust (“Units”) in the United States and Canada. Distributions under the at-the-market equity programs in the United States and Canada (together, the “ATM Program”) will be completed in accordance with the terms of an amended and restated sales agreement (the “Sales Agreement”) dated October 21, 2020 between Sprott Asset Management (as the manager...

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Iterum Therapeutics Announces Date of 1-for-15 Reverse Share Split

DUBLIN, Ireland and CHICAGO, Aug. 16, 2022 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the “Company”), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, announced today that it will effect a 1-for-15 reverse share split of its outstanding ordinary shares at 5.00 p.m. Eastern Time on August 17, 2022, which will be effective for trading purposes on the Nasdaq Capital Market as of the commencement of trading on August 18, 2022. At the Annual General Meeting of Shareholders on June 15, 2022, the Company’s shareholders approved, subject to and conditional upon the Board of Directors of the Company determining, in its sole discretion, that a reverse share split is necessary...

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Option Care Health Announces Pricing of Secondary Offering of 11,000,000 Shares of Common Stock

BANNOCKBURN, Ill., Aug. 16, 2022 (GLOBE NEWSWIRE) — Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH) announced today that an affiliate of Walgreens Boots Alliance, Inc. (the “Selling Stockholder”) has agreed to sell 11,000,000 shares of the Company’s common stock at a price to the public of $33.25 per share in an underwritten secondary offering. The offering is expected to close on August 18, 2022, subject to customary closing conditions. The Company will not receive any proceeds from the offering. This sale of shares represents approximately 6.0% of the current shares outstanding. Goldman Sachs & Co. LLC is acting as the sole underwriter for the offering. A shelf registration statement on Form S-3 relating to the shares of common stock was filed with, and declared effective by, the Securities...

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