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Day: September 19, 2023

ABC arbitrage: 2023 Interim Results

2023 Interim Result¹ : M€8.8 2023 annualized ROE: 11% The Board of Directors of ABC arbitrage, presided by the Chairman Dominique Ceolin, met on September 14, 2023 toapprove the consolidated financial statements for the first half 2023¹.  In EUR millions June 30, 2023 IFRS June 30, 2022 IFRS Dec. 31, 2022 IFRSNet revenues €20.2m €31.5m €61.2mNet Income €8.8m €16.2m €29.2 mEarnings per share (EPS) 0.15€ €0.27 €0.49Return On Equity (ROE) 11.1% 20.2% 18.0%Equity €160m €160m €162mContext – After a 2022 financial year marked by the war in Ukraine and a sharp rise in interest rates and inflation, the first half of 2023 presented, counter intuitively, market parameters significantly below their historical averages. In particular, volatility fell back to the low points...

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DNO Makes Play-Opening Discovery at Norma

Oslo, 19 September 2023 – DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest. Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25-130 million barrels of oil equivalent (MMboe) on a P90-P10 basis, with a mean of 70 MMboe, in a Jurassic reservoir zone with high quality sandstones. Located 20 kilometers northwest of the Balder hub and 30 kilometers south of the Alvheim hub, Norma is situated in an area with extensive infrastructure in the central part of the North Sea, with tie-back options offering potential routes to commercialization. Also within the same license, DNO has identified additional exploration prospects that have been considerably...

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ONWARD® Reports 2023 Half Year Results and Business Update

Eindhoven, Sept. 19, 2023 (GLOBE NEWSWIRE) — THIS PRESS RELEASE CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EUROPEAN MARKET ABUSE REGULATION (596/2014)US commercialization of ARC-EX™ expected 2H 2024 with USD 30,000 anticipated price Clinical study initiated pairing ARC Therapy™ with a brain-computer interface to restore use of legs and upper extremities ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announced its first 2023 half results and provided a Business Update. “During the first half of 2023 we delivered several significant milestones, including revealing additional positive data from our Up-LIFT pivotal study and initiating a groundbreaking...

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Veracio’s Landmark Acquisition of Minalyze Set to Fast-Track Global Orebody Knowledge Through Enhanced Data Analysis and AI

SALT LAKE CITY and GOTHENBURG, Sweden, Sept. 19, 2023 (GLOBE NEWSWIRE) — Pioneering a transformative leap in geosciences, Veracio has proudly entered into a binding agreement to acquire pioneers in scanning and data innovators, Minalyze for a total consideration equal to US$29.3 million. With the unique combination of Veracio’s AI and advanced analytics solutions and Minalyze’s geological data visualization technology, this strategic acquisition will transform the way the industry captures, analyzes, and interprets geological information, ushering in an era of informed decision-making in an increasingly complex and data-driven world. “This acquisition represents an exciting new chapter for both Veracio and Minalyze,” states Veracio Chief Executive Officer, JT Clark. “We see this as a ‘better together’...

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SPEY RESOURCES CORP. ANNOUNCES KASLO, BC SILVER PROJECT ADVANCES

SOILS, ROCK CHIPS ASSAYED RECORDING CONTIGUOUS ANOMALOUS AREAS OF SILVER, ZINC, COPPER, LEAD, and TIN Vancouver, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) — Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) (“Spey” or the “Company“) announces that it has received the results from its June 23 soil sampling, rock chip and reconnaissance work on its 42 claims west of the town of Kaslo, BC Canada.Figure 1 Kaslo property overview with 2023 sampling and mapping locations, showing historical mines The area is of interest owing to the historical mining activity and its structural-geological setting. The main target areas of the 2023 field program were the Bismark-Gold Cure-Wintrop Cork-Province-Black Fox trends. Additional work was completed on the Silver Bell – Silver Bear trend and the Cat occurrence. A...

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Salona Global Announces Expansion of Bank Line

NEW YORK, Sept. 18, 2023 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“Salona Global”, “SGMD” or the ‎‎“Company”) (TSXV:SGMD) today announced the expansion of its bank line. On September 12, 2023, an operating subsidiary of the Company, Biodex Medical Systems, Inc. (the “Borrower”), entered into a Master Credit and Security Agreement and related Schedule (the “Agreement“) with Pathward, National Association (the “Lender”) to receive financing accommodations in the form of a secured revolving loan of up to US$3.0 million, of which approximately US$1.7 million is currently available. The Agreement complements an existing credit facility with the Lender through another operating subsidiary of the Company, South Dakota Partners Inc., and an additional existing facility the Lender has extended with additional...

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