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Day: September 15, 2023

Essential Energy Services to be Acquired by Element Technical Services

CALGARY, Alberta, Sept. 15, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces that it has entered into a definitive amalgamation agreement (the “Amalgamation Agreement”) with Element Technical Services Inc. (“Element”) under which Element, through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Essential (each, an “Essential Share”) for a purchase price of $0.40 per Essential Share, payable in cash (the “Consideration”). Element is a privately held entity that has fracturing and coiled tubing operations in western Canada and the United States. Garnet Amundson, President and CEO of Essential commented, “We have successfully led Essential and its predecessor entities through almost two decades of turbulent oilfield service industry...

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Progressive Reports August 2023 Results

MAYFIELD VILLAGE, OHIO, Sept. 15, 2023 (GLOBE NEWSWIRE) —  The Progressive Corporation (NYSE:PGR) today reported the following results for August 2023:  August(millions, except per share amounts and ratios; unaudited) 2023   2022   ChangeNet premiums written $4,743.8   $4,081.1   16 %  Net premiums earned $4,599.2   $3,835.4   20 %  Net income $147.6   $119.7   23 %  Per share available to common shareholders $0.25   $0.20   23 %  Total pretax net realized gains (losses) on securities $(80.6)   $(175.4)   (54) %  Combined ratio 97.2   93.6   3.6 pts.Average diluted equivalent common shares 587.5   587.2   0 %     August(thousands; unaudited) 2023   2022   ChangePolicies in Force          Personal Lines          Agency – auto 8,377.0   7,606.0   10 %  Direct – auto 11,150.8   9,730.3   15...

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Vivoryon Therapeutics N.V. Extraordinary General Meeting Approved Appointment of New Executive Directors to the Board

Vivoryon Therapeutics N.V. Extraordinary General MeetingApproved Appointment of New Executive Directors to the BoardHalle (Saale) / Munich, Germany, September 15, 2023 – Vivoryon Therapeutics N.V. (Euronext Amsterdam: VVY; NL00150002Q7) (Vivoryon, or the Company), a clinical stage company focused on the discovery and development of small molecule medicines to modulate the activity and stability of pathologically altered proteins, held its Extraordinary General Meeting (EGM) today at 1:00 p.m. (CEST). The shareholders approved all items on the agenda of the meeting, including the appointment of Frank Weber, MD, and Anne Doering, CFA, to the Company’s Board as executive directors. All documents relating to the EGM are available on the Company’s website (https://www.vivoryon.com/2023-extraordinary-general-meeting/).###About Vivoryon...

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Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports Results for the Three and Six Months Ended July 31, 2023

Total investment loss of $3.0 million and $6.9 million for the three and six months ended July 31, 2023, comprised of realized losses on investments of $2.1 million and $2.4 million and unrealized loss on investments of $0.9 million and $4.5 million for the respective three and six month periods. As at July 31, 2023, Aberdeen’s shareholders’ equity was $20.9 million, or $0.14 per basic share Investments in clean energy inputs and technologies such as Ammpower Corp. and Consolidated Lithium Metals Inc. continue to be core to Aberdeen’s strategyTORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB, F: A8H, OTC: AABVF) is pleased to announce that it has released its financial results for the three and six months ended July 31, 2023. For the three and six months...

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BW Offshore: Sale of Abo FPSO for USD 20 million

Sale of Abo FPSO for USD 20 million BW Offshore has today closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for USD 20 million. As part of the transaction, BW Offshore has entered into a bareboat charter with STAC to allow for uninterrupted operations for the client during a transition period of maximum two months. Upon expiry of the bareboat charter, STAC will assume responsibility for operations of the unit. Originally recognised as the “Gray Warrior”, a Suezmax tanker constructed in 1976, the vessel underwent conversion at Keppel Shipyard before beginning its operations in April 2003. Abo FPSO has now reached a commendable milestone, having completed two decades of service on the Abo field. This achievement underscores its enduring contribution...

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Green Shift Closes Previously Announced Acquisition of Option to Acquire the Armstrong Lithium Project in Ontario, Canada and Provides Corporate Update

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. (TSXV: GCOM and OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Transaction”) of an existing option (the “Option”) to purchase a 100% interest in the Armstrong Lithium Project (the “Armstrong Project” or the “Project”). The Project consists of 90 contiguous claims totaling ~1,800 ha, located in the Seymour-Crescent-Falcon lithium belt, ~55 km northeast of the town of Armstrong and ~245 km from Thunder Bay in Ontario, Canada (see press release dated August 16, 2023 for detailed information on the Project). Terms of the Armstrong Project Acquisition Pursuant to the option acquisition agreement (the “Agreement”) dated August 15, 2023, GCOM has acquired an existing Option...

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Form 8.3 – [Curtis Banks Group Ltd – 14 09 2023] – (CGAML)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree CURTIS BANKS GROUP LTD(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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Prenetics Announces Second Quarter 2023 Financial Results

HONG KONG, Sept. 15, 2023 (GLOBE NEWSWIRE) — Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading genomics-driven health sciences company, today announced financial results for the second quarter ended June 30, 2023, along with recent business updates. Second Quarter 2023 Financial HighlightsRevenue from continuing operations of US$5.7 million Adjusted EBITDA from continuing operations of US$(5.3) million Cash and other short-term assets1 of US$214.5 million as of June 30, 2023First Half 2023 Financial HighlightsRevenue from continuing operations of US$11.6 million Adjusted EBITDA from continuing operations of US$(15.1) million“We’ve always maintained that 2023 would be a transformative year for Prenetics, and our recent strides underscore that belief. We’ve channelled significant...

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Hywin Holdings Announces Unaudited Financial Results for the Second Half and Fiscal Year 2023

SHANGHAI, China, Sept. 15, 2023 (GLOBE NEWSWIRE) — Hywin Holdings Ltd. (“Hywin” or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced its unaudited financial results for the second half and fiscal year 2023 ended June 30, 2023. Second Half of Fiscal Year 2023 and Fiscal Year 2023 HighlightsTotal revenues demonstrated resilience against a challenging macroeconomic backdrop. Total revenues in the six months ended June 30, 2023 decreased only slightly by 0.5% to RMB1,055.8 million (US$152.5 million) from RMB1,060.9 million in the same period of 2022. Total revenues in fiscal year 2023 increased by 7.7% to RMB2,091.8 million (US$301.3 million) from RMB1,942.1 million in fiscal year 2022.Hywin WealthNumber of clients1 increased by 8.2% to 152,607 as of...

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trivago N.V. Announces an Extraordinary General Meeting of Shareholders to Approve One-time Extraordinary Dividend

DÜSSELDORF, Germany, September 15, 2023 – trivago N.V. (NASDAQ: TRVG) announced today that an extraordinary general meeting of shareholders (“EGM”) will be held on November 1, 2023 at the offices of NautaDutilh N.V., Beethovenstraat 400, 1082 PR Amsterdam, the Netherlands. The meeting will start at 3:00 p.m. CEST. trivago’s management board, with the approval of its supervisory board, has resolved to issue a one-time extraordinary dividend, totaling EUR 184,380,959 (or approximately EUR 0.53 per share). Part of this extraordinary dividend in the amount of EUR 167,893,889 is subject to trivago shareholder approval. The only agenda item for the EGM relates to this part of the proposed dividend. The payment date for the distribution on the common shares is anticipated to be on November 6, 2023, with a record date of November 3, 2023....

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