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Day: September 14, 2023

Board of Directors of Evli Plc resolved to establish a new share-based incentive plan

EVLI PLC STOCK EXCHANGE RELEASE ON SEPTEMBER 14, 2023, AT 2:40 PM (EET/EEST) The Board of Directors of Evli Plc has resolved to establish a new share-based incentive plan for selected key employees of the group. The purpose of the plan is to align the interests of the company’s shareholders and key employees in order to increase the company’s value in the long term, to commit key employees to implement the company’s strategy, objectives and long-term interest and to offer them a competitive incentive plan based on earning the company’s shares. The plan consists of one three-year performance period, which begins on September 1, 2023, and ends on December 31, 2026. In the plan, the target group has the opportunity to earn Evli Plc’s series B shares based on performance. The performance criteria of the plan are tied to the operating...

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GURU Organic Energy Announces Record Third Quarter 2023 Financial Results

Record topline quarterly performance, supported by increased sales velocities and solid results from Theanine Fruit Punch launch across Canada, another #1 ranked innovation.1 Q3 2023 net revenue increased by 15% to a record $8.9 million, compared to $7.7 million in Q3 2022. Sustained strong margins, with gross profit of $4.5 million, compared to $4.2 million in Q3 2022. Significant decrease in net loss to $3.0 million or $(0.09) per share in Q3 2023, compared to net loss of $6.5 million or $(0.20) per share in Q3 2022. Adjusted EBITDA2 loss of $3.0 million in Q3 2023, compared to a $6.5 million loss in Q3 2022. Robust financial position with $48.7 million in cash and cash equivalents and unused credit facilities, reflecting prudent balance sheet management. Poised to launch Theanine Fruit Punch in the U.S. in December, together with...

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Swiss Properties Invest A/S: Interim report 1 January – 30 June 2023

Company Announcement No. 4-2023 Copenhagen, September 14, 2023. Swiss Properties Invest A/S publishes its first interim report after having completed the acquisition of seven commercial properties. During the first half of 2023 Swiss Properties Invest completed the acquisition of property number 6 and 7 to its portfolio of Swiss commercial real estate properties. With the acquisition of the two properties the company has delivered on its stated objectives of establishing a portfolio of 6 to 8 attractive commercial properties in Switzerland. Going forward the aim is to optimise the operations and to fund further expansions of the portfolio.   H1 2023 Financial highlightsThe group revenue reached DKK 14.4m compared to DKK 1.4m for H1 2022. The group operating profit reached DKK 7.7m compared to DKK 0.5m for H1 2022. Profit after tax...

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Bridger Aerospace Acquires Ignis Technologies to Expand Wildland Fire Software Offerings

BELGRADE, Mont., Sept. 14, 2023 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER), one of the nation’s largest aerial firefighting companies, today announced that it has acquired Ignis Technologies Inc. (“Ignis”) for $3 million, with an additional contingent earn-out consideration of up to $9.0 million, paid in the form of restricted shares of Bridger common stock. Ignis is a fire technology company delivering mission-critical intelligence and technology solutions to firefighting organizations. “The addition of Ignis maximizes the value of Bridger’s investments in FireTrac and other fire intelligence SaaS assets, and presents the clearest path to executing on our shared mission to equip firefighters with the critical technology they need to reduce the number of lives, properties...

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Mandatum’s Investor event 2023: Strategy focused on growth and stable capital distribution

SAMPO PLC                        PRESS RELEASE                             14 September 2023 at 2:00 pm ADVERTISEMENT NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE OR ANY OTHER JURISDICTION IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Mandatum’s Investor event 2023: Strategy focused on growth and stable capital distribution Mandatum will host an Investor event today, on 14 September 2023, in Helsinki. The programme includes presentations on the company’s strategy, strengths, and financial targets. Mandatum will be separated from Sampo Group through a partial demerger on 1 October 2023, as approved by Sampo’s Annual General Meeting on 17 May 2023. Trading in Mandatum shares on Nasdaq Helsinki is...

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Avance Gas Holding Ltd: Investor update at Nordnet

September 14, 2023 Hamilton, BermudaThe CEO of Avance Gas Holding Ltd., Øystein Kalleklev, will be presenting an investor update at Nordnet Bank AB today. The presentation used is attached hereto and is available on our web page www.avancegas.com. For further queries, please contact:  Investor and Analyst Contact: Randi Navdal Bekkelund – Chief Financial Officer Tel: +47 23 11 40 00 Email: ir@avancegas.comMedia Contact:  Øystein Kalleklev, Chief Executive Officer of Avance Gas Tel: +47 23 11 40 00ABOUT AVANCE GAS Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world’s leading owners and operators of very large gas carriers (VLGCs) and operates a fleet of fourteen modern ships including two dual fuel LPG newbuildings for delivery in early 2024 as well...

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Asante Announces South Russel Maiden Resource and Starter Pit Development at Bibiani Gold Mine

Figure 1Aeromagnetic map of the Bibiani – Chirano Gold Corridor, principal Asante gold deposits and the location of South Russel starter pit and selected recent drill intercepts.Figure 2Longitudinal Section of South Russel, looking west, showing resource blocks (above 1.0 g/t) and selected drill intercepts.Figure 3Longitudinal Section of South Russel, looking west, showing resource blocks (above 1.5 g/t), and selected drill intercepts indicating underground potential.Figure 4South Russel – Geology cross-section looking north (mine grid) showing recent drill intercepts.VANCOUVER, British Columbia, Sept. 14, 2023 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce a Maiden Mineral Resource Estimate...

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Unaudited Condensed Consolidated Financial Statements for the Six Months Ended June 30, 2023 and 2022

KUALA LUMPUR, Malaysia, Sept. 14, 2023 (GLOBE NEWSWIRE) — CBL International Limited (Nasdaq: BANL) (the “Company”) has filed with Securities and Exchange Commission (“SEC”) the Form 6-K Account Report for the unaudited condensed consolidated financial statements for the six months ended June 30, 2023 and 2022. Please see below the financial highlight. FINANCIAL HIGHLIGHTNet income increased by approximately 5.9% or $64,000 from approximately $1,089,000 for the six months ended June 30, 2022, to approximately $1,153,000 for the six months ended June 30, 2023. The Group’s consolidated gross profit for the six months ended June 30, 2023 was approximately $4,006,000, representing a slight decrease as compared to the six months ended June 30, 2022 of approximately $4,043,000, such slight change was mainly due to the combination factors...

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CORRECTION — SAI.TECH Announces an Immersion Containerized Data Center Paired with GIGABYTE’s HPC Immersion Servers

SINGAPORE, Sept. 14, 2023 (GLOBE NEWSWIRE) — This release is a full correction of the previous one with the Headline “SAI.TECH releases AI mobile liquid cooling computing center product A1, equipped with Gigabyte’s A100/H100 immersion servers” issued on September 12, 2023 at 5:31 AM ET by SAI.TECH Global Corporation (NASDAQ: SAI, SAITW). The corrected release follows: SAI.TECH Global Corporation (“SAI.TECH” or “SAI” or the “Company”, NASDAQ: SAI, SAITW) declared today that its business unit ULTIWIT had begun the research, development and production of a containerized data center (the “Product”) with immersive liquid cooling capabilities, in conjunction with GIGABYTE’s HPC immersion servers. The preliminary design of the Product is a 40-ft container with Tier III Standard, which is able to contain HPC/AI immersion...

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First Wave BioPharma Announces Exclusive Global License Agreement for Capeserod from Sanofi

First Wave to develop and repurpose Capeserod for gastrointestinal (GI) indications based on AI-empowered analyses, expanding the company’s GI-focused pipeline BOCA RATON, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) — First Wave BioPharma, Inc., (NASDAQ:FWBI), (“First Wave” or the “Company”), a clinical-stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, today announced an agreement with Sanofi (NASDAQ: SNY) to license Capeserod, a selective 5-HT4 receptor partial agonist, which First Wave will repurpose and develop for gastrointestinal (GI) indications. Under the terms of the agreement, First Wave will receive from Sanofi an exclusive, global license for Capeserod and will assume responsibility for all future clinical development. The licensing agreement,...

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