Day: September 17, 2023

Perseus Extends Life of Yaoure Gold Mine to 2035

Perth, Sept. 18, 2023 (GLOBE NEWSWIRE) — PERSEUS EXTENDS LIFE OF YAOURÉ GOLD MINE TO 2035 Perth, Western Australia/September 18, 2023/Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce an updated Life of Mine Plan (“LOMP”) for its Yaouré Gold Mine in Côte d’Ivoire, West Africa (“Yaouré”). HIGHLIGHTS Perseus has extended Yaouré’s operational life to 12+ years (to at least 2035), with potential for further extension through additional discoveries adjacent to existing infrastructure and further resource definition drilling of known deposits, including the Yaouré open pit and CMA underground (“CMA UG”) structure. Yaouré’s updated LOMP incorporates for the first time an UG mining operation below the CMA Open Pit, as well as the existing CMA Open Pit and an expanded Yaouré Open Pit. Yaouré Gold Mine Ore Reserves1,2 now total...

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DFDS EXPANDS FERRY NETWORK TO STRAIT OF GIBRALTAR

COMPANY ANNOUNCEMENT no. 31 – 17 September 2023   Acquisition of FRS Iberia/Maroc, a ferry market leader Strait of Gibraltar Mediterranean route network expands to market expected to benefit from nearshoring of supply chains FRS Iberia/Maroc has 750 employees and expects revenue of DKK 1.0-1.2bn in 2023 with an expected EBITDA-margin of 18-20% Transaction enterprise value equals an EV/EBITDA multiple of 6x Accretive to ROIC and earnings per share Financial leverage stable with expected increase of 0.1x Investor/analyst conference call Monday 18 September 2023 9.30am CET, see registration details below DFDS has today entered into an agreement to acquire FRS Iberia/Maroc, a division of the German short-sea ferry company FRS GmbH & Co. KG. FRS Iberia/Maroc operates three short-sea ferry routes across the Strait of Gibraltar...

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Ferrari Renews and Strengthens Its Partnership With Puma

Maranello (Italy), 15 September 2023 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or “the Company”) is pleased to announce that Scuderia Ferrari has renewed its multi-year partnership with sports company PUMA, which will become its Premium Partner starting from next year. In the next years PUMA will also continue to be the licensing partner for Ferrari-branded products and the supplier of F1 team and race wear for Ferrari. The renewal of the partnership continues and reinforces the successful collaboration between Ferrari and PUMA, which started in 2005. “Our longstanding journey with PUMA is a testament to an enduring trust and synergy to continue to embrace new opportunities together,” said Benedetto Vigna, Ferrari Chief Executive Office. “As leaders in our respective fields, we are ready to support each other, demonstrating an unwavering...

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