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Day: May 10, 2023

Itafos Announces Notice to Proceed for Husky 1/North Dry Ridge; Solidifying the Potential for Mineral Resource Life Through 2037(1)

All approvals were received for the Notice to Proceed (“NTP”) for the Husky 1/North Dry Ridge(“H1/NDR”) mine development project, which marks the final step in a multi-year process working collaboratively with federal, state and local stakeholders The NTP approval solidifies the potential for long-lived operations, with mineral resource mine life through 2037 and potential for additional mineral resources thereafter through leases and third-party agreements(1) Activities commenced on the requisite infrastructure and civil works required for the mine development upon receipt of the NTPHOUSTON, May 10, 2023 (GLOBE NEWSWIRE) — Further to the April 24th announcement regarding the Record of Decision, Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) has received the Notice to Proceed (“NTP”) for the Husky 1 / North Dry Ridge...

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Sýn hf.: Continued operational improvement in a challenging environment

Sýn hf.’s Consolidated Interim Financial Statement for the first quarter of 2023 was approved by the board on May 10th, 2023.Operating profit (EBIT) for the first quarter (Q1) amounted to ISK 428 million and increases by 6,7% from last year.Healthy year-on-year revenue growth despite a strong comparative quarter for 2022.Profit after tax amounted to ISK 213 million compared to ISK 207 million for the same period last year.The EBIT guidance for 2023 remains unchanged, with operating profit (EBIT) expected to amount between ISK 2,200 to ISK 2,500 million.The results of the Icelandic Competition Authorities regarding Ljósleiðarinn’s purchase of Sýn’s core network are expected this summer. The agreed purchase price is ISK 3,000 million.Sýn hf. has reached an agreement on the purchase of 100% share capital of Njála, the parent...

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Hoylu announces outcome of completed rights issue and the utilisation of the over-allotment option

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED KINGDOM, THE UNITED STATES, AUSTRALIA, JAPAN, NEW ZEALAND, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, CANADA, HONG KONG OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Hoylu AB (“Hoylu” or the “Company”) hereby announces the outcome of the rights issue which was resolved on the extraordinary general meeting held on 22 March 2023 (the “Rights Issue”). The Rights Issue has been subscribed to a total of 108 per cent, implying that no underwriting commitments will be claimed. The board of directors have, based on the authorisation from the extraordinary general meeting held on March 22, 2023, resolved to issue 66,757,456 shares to accommodate the demand in the Rights Issue by utilising the...

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ARCPOINT ANNOUNCES INVESTOR RELATIONS AGREEMENT

Greenville, South Carolina, May 10, 2023 (GLOBE NEWSWIRE) — ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) a leading US-based franchise system providing drug testing, alcohol screening, DNA and clinical lab testing services is pleased to announce that it has engaged Bradley Scharfe through his holding company, Scharfe Holdings Inc., (the “Consultant”) to provide investor relations consulting services to the Company. During the term of this engagement, the Consultant will conduct investors relations activities to increase the awareness and interest of potential investors in the Company, and the Company will pay the Consultant a service fee of $5,000 per month for a total of $30,000 for the first six months (the “Initial Term”). After the initial term, the engagement will continue on a month-to-month basis and the service...

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Vinco Ventures, Inc. Announces Reverse Split

Syracuse, NY, May 10, 2023 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (Nasdaq: BBIG) (“Vinco Ventures,” “Vinco,” or the “Company”), a digital media and content technologies company, announced that on May 4, 2023 it filed a Certificate of Change with the State of Nevada for a 1-for-20 reverse split of its issued and outstanding shares of common stock. This reverse split was approved by its Board of Directors, and the shares of its common stock will begin trading on a split-adjusted basis at the commencement of trading tomorrow, May 11, 2023. The common stock shares will trade on the Nasdaq Capital Market under the same symbol “BBIG” with a new CUSIP number, 927330 209. “We wish to thank our investors for their continued support as we work to refocus Vinco’s operations. The approval of the reverse split under...

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In French Guiana, commissioning of a combined solar and storage power plant

In French Guiana, commissioning of a combined solar and storage power plant Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energy, announces today the commissioning of its Sable Blanc power plant combining photovoltaic production, with a capacity of five megawatts, and battery storage, with a capacity of 10.6 megawatt hours. Developed entirely by Voltalia, the Sable Blanc mixed plant will benefit from a guaranteed sales price for 20 years. The photovoltaic production capacity will cover the equivalent of the electricity needs of 3,090 inhabitants of Western Guiana. The lithium-ion batteries allow the electricity produced during the day to be injected after night fall, while improving the stability of electricity production in a region with high demand. These batteries strengthen the Toco storage...

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Exela Technologies, Inc. to Host First Quarter 2023 Financial Results Conference Call

IRVING, Texas, May 10, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, will host a conference call with the financial community to discuss results for the first quarter 2023 at 9:00 a.m. ET on May 11, 2023. Exela will issue a press release reporting its results before the start of the call.   Hosting the call and reviewing the results will be Par Chadha, Executive Chairman, and Shrikant Sortur, Chief Financial Officer. Following the review, there will be a question and answer session. The conference call will be broadcast live on Exela’s Investor Relations website at https://investors.exelatech.com/. First Quarter 2023 Results Webcast and Call Access InformationDate: May 11, 2023   Time: 9:00 a.m. (ET)   Webcast...

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Adoption of all resolutions at AGM Beter Bed Holding N.V.

Beter Bed Holding N.V. (BBH) – the Netherlands’ largest sleep specialist in retail, wholesale and B2B – held its 2023 Annual General Meeting (AGM) today. BBH is pleased to announce that all resolutions were adopted. The AGM presentation as well as the voting results will be published on www.beterbedholding.com. DividendToday, the AGM declared a dividend of € 0.15 per share for the 2022 financial year. The dividend will be distributed fully in cash. The following schedule will apply to the payment of the dividend: 12 May 2023:                 listing ex-dividend 15 May 2023:                 record date From 22 May 2023:       payment of dividend Supervisory Board compositionAt the AGM Mr B.E. Karis and Mr A. Beyens were reappointed as Supervisory Board Member for a term of four years, ending at the end of the first Annual General Meeting...

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FRP Holdings, Inc. (Nasdaq: FRPH) Announces Results For The First Quarter Ended March 31, 2023

JACKSONVILLE, Fla., May 10, 2023 (GLOBE NEWSWIRE) — FRP Holdings, Inc. (NASDAQ-FRPH)  First Quarter Operational Highlights34.9% increase in pro-rata NOI ($6.99 million vs $5.18 million) over first quarter 2022 Mining Royalties had its highest revenue quarter ever for the second quarter in a row; 10.77% increase in royalties per ton 27.5% increase in Asset Management revenue versus same period last year; 60.6% increase in Asset Management NOI versus first quarter 2022First Quarter Consolidated Results of Operations Net income for the first quarter of 2023 was $565,000 or $.06 per share versus $672,000 or $.07 per share in the same period last year. The first quarter of 2023 was impacted by the following items:Operating profit increased $1,490,000 compared to the same quarter last year due to improved revenues and profits in...

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Prosafe SE: Contemplated private placement

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Stavanger, 10 May 2023: Prosafe SE (“Prosafe” or the “Company”) hereby announces a contemplated private placement of up to 2 720 000 new shares (the “Offer Shares“) in the Company (the “Private Placement“). The subscription price per Offer Share in the Private Placement will be set by the Company’s board of directors (the “Board“) on the basis of an accelerated bookbuilding process conducted by the Managers (as defined below). The...

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