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Month: July 2023

Helium Evolution Announces Farm-in Partner Confirmed to Drill Five New Wells in the Next Nine Months

Helium Evolution Map Showing Confirmed Well Locations Helium Evolution Map Showing Confirmed Well LocationsCALGARY, Alberta, July 06, 2023 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce that its farm-in partner, North American Helium Inc. (“NAH”), has confirmed it will proceed with drilling five new wells pursuant to the enhanced farm-out agreement (the “Amended Farmout Agreement” or “Farmout”) and the seismic agreement (the “Seismic Agreement” or “SA”), both announced on October 21, 2022.   Upcoming Drilling Catalysts and Key DatesOn or before July 14, 2023: The previously announced Mankota Farmout location at 12-11-05-10W3 (“Test Well #3”)...

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Osisko Development Completes Deferred Payment Installment in Connection With the Tintic Acquisition

MONTREAL, July 06, 2023 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) announces that in connection with the terms of the Company’s previously-completed acquisition in May 2022 of a 100% ownership interest in the Tintic Project located in Central Utah’s historic Tintic Mining District (the “Tintic Acquisition“), the Company has satisfied the first of five deferred payments to the sellers. Deferred consideration of US$2,500,000 was paid comprising of US$250,000 in cash and US$2,250,000 (or C$3,060,000 based on a USD/CAD exchange rate of 1.36) in common shares of the Company (“Common Shares“) at a deemed price of C$6.74 per Common Share (based on the 20-day VWAP as of May 30, 2023), resulting in the issuance of...

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ROCKWOOL Group upgrades expected earnings margin for full-year 2023

Company announcementfor ROCKWOOL A/SRelease no. 10 – 2023to Nasdaq Copenhagen 6 July 2023 ROCKWOOL Group upgrades expected earnings margin for full-year 2023 Based on preliminary reporting, ROCKWOOL Group increases the EBIT margin outlook for the full year 2023 from around 10 percent to around 12 percent. Main preliminary highlights for Q2 and H1 2023:Net sales for H1 2023 reached 1783 MEUR, a seven percent decline in local currencies compared to H1 2022. Net sales for Q2 2023 reached 917 MEUR, likewise a seven percent decline in local currencies compared to Q2 2022. EBIT in H1 2023 increased two percent to 237 MEUR, with a 13.3 percent EBIT margin, up 1.3 percentage points from H1 2022. EBIT in Q2 2023 reached 133 MEUR, on par with last year, with a 14.5 percent EBIT margin, up 1.6 percentage points from Q2 2022.Outlook 2023: Continued...

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Interim Report January 1 – June 30, 2023

Net asset value on June 30, 2023, was SEK 136.8 billion, or SEK 317 per share. During the first half-year, net asset value increased by 8%, corresponding to SEK 24 per share. The total return for the period was 21% for the Class A shares and 20% for the Class C shares, compared with 11% for the Stockholm Stock Exchange’s total return index (SIXRX). During the first half-year of 2023, shares were purchased for a total of SEK 1.1 billion, of which SEK 0.4 billion in Sandvik, SEK 0.3 billion in Handelsbanken, SEK 0.2 billion in SCA and SEK 0.2 billion in Volvo.  2023 2022 2022  June 30 June 30 Dec 31Net asset value, SEK M 136 785 113 637 126 477Net asset value per share, SEK 317 263 293Share price Industrivärden C, SEK 297.20 227.50 253.00Debt-equities ratio 4% 5% 5%         2023 2022 2022SEK M Jan – June Jan...

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Bank of Åland Plc: Issue of Series B shares as part of the Bank of Åland’s share saving programme for employees

  Bank of Åland PlcStock Exchange ReleaseJuly 6, 2023, 11.30 EET Issue of Series B shares as part of the Bank of Åland’s share saving programme for employees As authorised by the Annual General Meeting on April 3, 2019, the Board of Directors has decided to issue 25 012 Series B shares for the fulfilment of the Bank’s commitments as part of the Bank of Åland’s share saving plan for employees. The Bank of Åland’s share savings programme is a voluntary savings programme enabling employees to save a maximum of five per cent of their monthly salary in order to subscribe for twice-yearly targeted issues of Series B shares. Employees subscribe for Series B shares at a price that is 10 per cent below the average stock market price during the month prior to the issue. The issue is related to the savings period January 1 – June 30, 2023. Three...

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Icelandair: Traffic Data June 2023

In June 2023, the number of Icelandair’s passengers was 519 thousand, a 20% increase since June last year. A total of 1.8 million passengers travelled with Icelandair for the first six months of the year, 31% more than at the same time last year. Passengers on international flights were 493 thousand in June, compared to 407 thousand in June 2022, an increase of 21%. Thereof, 43% were travelling to Iceland, 13% from Iceland and 44% were via passengers. The load factor was 86% and improved by 2.7 percentage points compared to June last year on 22% more capacity.  Demand was particularly strong on North American routes with a load factor close to 90%, which is the highest it has ever been in the month of June. On-time performance on international flights was 67%, which is below the Company’s goals.   Passengers on domestic flights were 25...

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Automotive Wiring Harness Market worth $57.4 billion by 2026

Chicago, July 06, 2023 (GLOBE NEWSWIRE) — According to the new market research report “Automotive Wiring Harness Market by Application (Engine, Chassis, Cabin, Body & Lighting, HVAC, Battery, Seat, Sunroof, Door), Transmission Type (Data, Electrical), Date Rate, ICE & Electric Vehicle, Component, Material, & Region – Global Forecast to 2026″, published by MarketsandMarkets™, The global Automotive Wiring Harness Market is projected to grow from USD 47.0 billion in 2021 to USD 57.4 billion by 2026, at a CAGR of 4.1% during the forecast period. The demand for electric and autonomous vehicles would create growth opportunities for the Automotive Wiring Harness Market. Browse and in-depth TOC on “Automotive Wiring Harness Market”    355– Tables 64 – Figures       335 – Pages Download PDF...

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Share Buyback Transaction Details June 29 – July 5, 2023

Share Buyback Transaction Details June 29 – July 5, 2023 July 6, 2023 – Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 123,373 of its own ordinary shares in the period from June 29, 2023, up to and including July 5, 2023, for €14.2 million and at an average share price of €115.08. These repurchases are part of the share buyback program announced on February 22, 2023, under which we intend to repurchase shares for up to €1 billion during 2023. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2023Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)2023 to date 3,999,426 439.9 109.99For...

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Wish Expands its Merchant Network in South Korea through Partnership with International Carrier, Rincos

SAN FRANCISCO, July 06, 2023 (GLOBE NEWSWIRE) — ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced a strategic partnership with one of South Korea’s leading logistics providers, Rincos. The partnership is designed to streamline the process for Korean merchants looking to ship goods overseas through the Wish platform. South Korean merchants wishing to sign up to Rincos are required to:Visit www.rincos.co.kr Fill out a customer registration form Select ‘Wish Seller’ from the dropdown menu Once we’ve carried out checks our end, your Rincos Asia account will be ready to goMerchants are invited to learn more about the service and how it could benefit their business by watching a webinar at https://cafe.naver.com/wishkoreaofficial/22. “We are delighted to be working...

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Baltic Horizon Fund has published its Annual ESG report 2022

Baltic Horizon Fund today announces the release of its Annual ESG report 2022. Baltic Horizon launched its ESG strategy in 2019, and in the subsequent years, despite a challenging economic environment, the fund has increased its level of ambition, aligning efforts to contribute to Northern Horizon Capital Group’s net zero carbon commitment by 2030 and the latest reporting regulations. “Baltic Horizon Fund’s activities are built around the purpose to deliver value to its investors. We believe that the only way to ensure long-term value creation is by doing business in a financially, environmentally, and socially responsible way. In 2021, we started the preparations to report on EU Taxonomy alignment, and in 2022, we conducted full EU taxonomy alignment calculation which has given us an even deeper understanding of our assets and operations...

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