Day: December 15, 2023

Century Aluminum Announces Conference Call CHICAGO, Dec. 15, 2023 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) welcomes the recently released interpretive guidance from the U.S. Treasury Department clarifying the scope of Section 45X of the Inflation Reduction Act and its application to the U.S. primary aluminum industry.  In response to the new guidance, Jesse Gary, Century Aluminum’s CEO, thanked the Biden Administration for its continued support of the U.S. aluminum industry.    “We thank the Biden Administration for these important clarifications, and we are excited about the benefits that the U.S. primary aluminum industry will realize from the advanced manufacturing tax credit.  Century Aluminum is proud to do its part to advance the broader national goals of increasing domestic production of critical minerals,...

On 21 April 2021 the general meeting of Kvika banki hf. („Kvika“ or „the bank“) authorised the Board of Directors to approve a share option plan in accordance with Article 10 of the Income Tax Act No. 90/2003 for all employees of Kvika and its subsidiaries (the “group”). On 10 November 2021 Kvika’s Board of Directors implemented a share option plan which was approved by Iceland Revenue and Customs (Skatturinn) on 9 December 2021. The objective of the Bank’s proposed stock option plan (the “Stock Option Plan”) is to integrate the interests of employees with the long-term goals of the group. The first two years of the stock option plan has now expired but employees hired last year were on 15 December 2023 invited to enter the stock options for the remaining year. Thus, new employees have received stock options for up to ISK 1,500,000 (market...

15 December 2023, Oslo: Scatec ASA, a leading renewable energy provider, has reached financial close on the first 60 megawatt (MW) of the 120 MW Mmadinare Solar Complex in Botswana and is preparing for construction start of the first utility-scale solar project in the African nation. In August 2022, Scatec, and the Botswana Power Corporation (BPC) signed a binding 25-year power purchase agreement (PPA) for the construction of a 60 MW solar PV facility in the Mmadinare District. In the third quarter 2023, Scatec was awarded a 60 MW expansion to the project, taking the total capacity to 120 MW. The estimated total capital expenditure for the 120 MW project is BWP 1.4 billion (USD  104 million) with an estimated EPC contract value to Scatec of BWP 1.2 billion (USD 90 million). The solar power plants are estimated to be financed by BWP 936...

BREA, Calif., Dec. 15, 2023 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced that its Special Meeting of Stockholders convened on December 15, 2023 was adjourned to December 18, 2023 at 9:30 a.m., Pacific Time. The Company has determined to adjourn the Special Meeting in order to provide additional time to solicit proxies with respect to Proposal 1 presented to the stockholders for approval. Proposal 1 seeks stockholder approval to amend the Company’s certificate of incorporation to effect a reverse stock split of the Company’s outstanding common stock at an exchange ratio between 1-for-2 to 1-for-100, as determined by the Company’s Board of Directors (the “Reverse Stock Split Proposal”). The primary focus...

Dubai, UAE, Dec. 15, 2023 (GLOBE NEWSWIRE) — In a groundbreaking development, LiveCare Inc. (OTC: LVCE) proudly announces it has received the first-ever issued Provisional Approval Letter granted by the Government of Dubai, Dubai Healthcare City Authority Department (DHCA) to establish and operate telehealth services. This monumental achievement marks a significant milestone in the evolution of healthcare services in the region and heralds a new chapter of growth for LiveCare Inc. This first step towards establishing a telehealth center in Dubai Healthcare City, serving the United Arab Emirates (UAE) and other countries in the region, is subject to the completion of all licensing and other requirements prior to initiating operations. The opportunity to help individuals in the Gulf region, starting in the United Arab Emirates, is...

Byggmästarens dotterföretag Ge-Te Media, där Byggmästaren äger ca 63 procent, har tecknat avtal om att avyttra SDR Svensk Direktreklam AB (”SDR”) till North Media A/S. SDR har en lång historik som effektskapande mediapartner och erbjuder hushållsdistribuerad marknadskommunikation åt framför allt daglig- och sällanköpshandel. Verksamheten, som grundades redan på 1970-talet av Roland Tipner och Erik Grönberg, omsätter 2023 ca 650 MSEK med en EBITDA på ca 50 MSEK. SDRs moderbolag Ge-Te Media AB, i vilket Byggmästaren äger ca 63 procent och där Roland Tipner och Erik Grönberg fortfarande är engagerade delägare och styrelseledamöter, har nu tecknat avtal om att avyttra SDR till danska mediekoncernen North Media A/S. Köpeskillingen uppgår till 350 MSEK på skuldfri basis, varav 320 MSEK kontant på tillträdesdagen. Avyttringen av SDR förväntas...

Announcement no. 15-2023 15 December 2023 North Media has concluded an agreement with Ge-Te Media Aktiebolag to acquire SDR Svensk Direktreklam AB and EGRO Konsult AB. SDR is Sweden’s largest distributor of unaddressed printed matter and local newspapers to Swedish consumers. SDR expects to report revenue of approximately SEK 650 million and to deliver EBITDA of about SEK 50 million in 2023. The company expects to generate an increase in revenue and EBITDA for 2024. North Media CEO Lasse Ingemann Brodt commented on the transaction: “We consider SDR to be a very attractive business. The company is developing very positively and, like our Danish company FK Distribution, is extremely good at creating value for both the retail industry and for consumers through large-scale targeted and efficient distribution of printed matter and local newspapers....

Figure 1. Main gold showings and occurrences at the Williams Brook Gold ProjectMain gold showings and occurrences at the Williams Brook Gold ProjectRIMOUSKI, Dec. 15, 2023 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) announces that it has closed a non-brokered placement (the “FT Private Placement”) consisting of 8,400,000 flow-through units (the “FT Units”) at $0.125 per FT Unit for gross proceeds of C$1,050,000. Each FT Unit is comprised of one flow-through share and one-half common share purchase warrant. Each whole warrant is exercisable to purchase one common share of the Company at $0.20 per share until December 15, 2025. The warrants are subject to an acceleration clause that entitles the Company to provide notice (the “Acceleration Notice”) to holders...

Amsterdam, 15 December 2023 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that its Ukrainian subsidiary Kyivstar has restored mobile internet services across the country following Tuesday’s widespread cyber-attack. The restoration of mobile internet covers all communication standards including 4G. In addition to reactivation of mobile internet, international roaming services have also been restored over the past 24 hours. More than 95% of mobile network base stations in the territory controlled by Ukraine are now active and working, up from yesterday evening’s 90%. Kyivstar had previously announced the reactivation of fixed connectivity and mobile voice services; and will now focus on launching SMS services and restoring access...