Month: June 2023

Reference is made to the stock exchange announcement of 10 May 2023 regarding a completed private placement (the “Private Placement”). Shares issued in the Private Placement were borrowed from certain large shareholders, who received non-tradeable shares issued on a separate ISIN until approval by the Financial Supervisory Authority of Norway (Nw. Finanstilsynet) (the “FSA”) of a listing prospectus (the “Prospectus”) as redelivery of the shares borrowed. The Prospectus has now been approved by the FSA today, 30 June 2023, and has been published on the Company’s website at https://www.prosafe.com/investor-information/shareholder-information/prospectus/ As the Prospectus has been approved and published, the shares will be transferred to the same ISIN as the rest of the Company’s shares. Prosafe is a leading owner and operator...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE. Terranet AB (“Terranet” or the “Company”) has, as previously communicated, completed the rights issue of units, consisting of shares and warrants of series TO6 and TO7, which the board decided on May 17, 2023 (the “Rights Issue”). In accordance with the underwriting agreements that has been entered into in connection with the Rights Issue, Terranet’s board of directors has today decided...

Scan Me Scan MeVANCOUVER, British Columbia, June 30, 2023 (GLOBE NEWSWIRE) — Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”) today commented on shareholder feedback received in connection with the hostile offer (the “Hostile Offer”) for the common shares of Alpha (“Common Shares”) announced June 8, 2023, including the open letter published on June 26, 2023 by Alpha’s major shareholder Kyle Stevenson. The Board unanimously determined that the Hostile Offer is not in the best interests of the Company or its current shareholders. Brad Nichol, President and CEO of the Company commented: “As a public company, shareholder feedback is tremendously helpful to Alpha’s Board and management in ensuring our vision for the Company aligns with the owners of the Company: the shareholders....

Oslo, 30 June 2023: Scatec ASA, a leading renewable energy company, has reached financial close for its three Grootfontein solar projects in South Africa, won as part of the Department of Mineral Resources’ fifth bidding round of its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) in 2021. The solar power plants will be the first Scatec assets located in the Western Cape province of the country and have a total capacity of 273 MW solar power. Once operational the projects will deliver much needed renewable energy under a 20-year Power Purchase Agreement. The three solar plants will lead to a combined abatement of 630,000 tonnes of CO2 emissions annually. “South Africa is a focus market and this value accretive investment with project returns above our return hurdle, is in line with our strategy to grow profitably...

 Amsterdam, 30 June 2023, 07.00 CET: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces its new Board of Directors (Board) following the Company’s Annual General Meeting (AGM) that was held on 29 June 2023. VEON shareholders approved the Board-recommended slate of seven directors, including six directors currently serving on the Board – Augie Fabela, Yaroslav Glazunov, Andrei Gusev, Karen Linehan, Morten Lundal and Michiel Soeting – and Kaan Terzioğlu, the Chief Executive Officer (CEO) of the VEON Group. The Board elected Morten Lundal as the Chair in its first meeting following the AGM. Mr. Morten Lundal has been a director of VEON Ltd. since June 2022. He has over 20 years’ experience as an executive in the telecoms sector with...

Ad hoc announcement pursuant to Art. 53 LR ALLSCHWIL, Switzerland, June 29, 2023 (GLOBE NEWSWIRE) — Spexis AG (SIX: SPEX), a clinical-stage biopharmaceutical company focused on rare diseases and oncology, today announced that it has engaged Maxim Group LLC as a financial advisor to assist in the evaluation of strategic alternatives and fundraising opportunities. Spexis continues to seek additional funding, a strategic transaction or both to advance its ColiFin® Phase 3 program through the planned single pivotal efficacy and safety COPA study following the completion of the COPILOT once-a-day dosing, safety and tolerability clinical trial. Maxim Group LLC is a full-service investment banking firm headquartered in New York with approximately 240 employees. Maxim Group provides a full array of financial services, including investment...

The net asset value (NAV) of the EfTEN United Property Fund was 10.65 euros as of May 31, 2023. As a result of the cash distribution to investors the NAV decreased by 1.8% over the month. Excluding the distribution, the NAV was almost unchanged, decreasing by 0.1% in May. Since the start of the fund in late June 2021 the return on invested capital has been 11.6%. The fund has almost 30% of its capital as uninvested. Over the month the biggest NAV increase (0.8%) in the fund portfolio was registered for EfTEN Kinnisvarafond II. One of the largest investments of this fund, the Radisson Collection hotel in Tallinn, showed for the second month in a row better financial results as compared to the pre-Covid period. The value of EfTEN Real Estate Fund was the only one to decrease in the fund portfolio – the share price at the Tallinn Stock Exchange...

Stellantis Signs Offtake Terms and Invests in Kuniko for Supply of Norwegian, Low Carbon Nickel and Cobalt SulphateStellantis building a well-structured and sustainable European battery materials cluster to meet Dare Forward 2030 electrification targets Binding offtake term sheet for battery-grade nickel and cobalt sulphate from the development of Kuniko’s exploration projects in Norway Offtake agreement for 35% of future annual production for a nine-year term Stellantis purchases €5 million (A$ 8 million) in new equity in Kuniko, giving it a 19.99% shareholdingJune 30, 2023, AMSTERDAM – Stellantis N.V. and Kuniko Ltd (ASX: KNI, Kuniko) today announced the signing of a binding offtake term sheet agreement securing a 35% future production offtake of nickel sulphate and cobalt sulphate from Kuniko’s Norwegian exploration projects for...