Day: December 18, 2023

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) — (TSX: ESP, ESP.PR.A) Brompton Funds Limited (“Brompton” or the “Manager”) is pleased to announce that the name of Brompton Oil Split Corp. (the “Fund”) has changed to “Brompton Energy Split Corp.” and, commencing today, the class A shares and preferred shares of the Fund are trading under new Toronto Stock Exchange (“TSX”) ticker symbols: ESP and ESP.PR.A, respectively. As previously announced, at a special meeting of preferred and class A shareholders (“Shareholders”) of the Fund held on December 5, 2023, Shareholders approved a special resolution to implement amendments to update and modernize the investment objectives and investment restrictions of the Fund, among other things (the “Amendments”), including the Fund’s name change. Details regarding the Amendments are outlined...

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR 18 DECEMBER 2023 RICHEMONT, FARFETCH AND SYMPHONY GLOBAL TERMINATE AGREEMENTS As a result of the contemplated transaction announced by FARFETCH on 18 December 2023, the arrangements with FARFETCH underpinning the transactions announced in August 2022 cannot complete. Therefore Richemont, FARFETCH and Symphony Global, one of the investment vehicles of Mr Mohamed Alabbar, have terminated the agreements for (i) the sale of a majority stake in YNAP to FARFETCH and Symphony Global, (ii) the adoption of FARFETCH Platform Solutions (“FPS”) by most Richemont Maisons and YNAP as well as (iii) the opening of e-concessions on the FARFETCH marketplace by several Richemont Maisons. Following the transaction announced by FARFETCH, it is reasonable to expect that the USD 300 million convertible senior notes...

BBS-Bioactive Bone Substitutes Plc, Company Announcement, Insider information, 18 December 2023 at 5:15 p.m. BBS-Bioactive Bone Substitutes Plc’s rights issue raised gross proceeds of EUR 1.87 million NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN PART, DIRECTLY OR INDIRECTLY, IN THE USA, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION IS UNLAWFUL. The rights issue resolved by BBS-Bioactive Bone Substitutes Plc’s (“BBS” or the “Company”) Board of Directors on 20 November 2023 (the “Offering”) has been subscribed to approximately 71.1 percent. The Company raised proceeds of approximately EUR 1.87 million from the Offering before deduction of issuance costs and fees. The Board of Directors of the Company resolved on 18 December 2023 to approve the...

Oslo, Norway, 18 December 2023 An Extraordinary General Meeting of Interoil Exploration and Production ASA (the “Company”) was held in Oslo today, 18 December 2023. The Extraordinary General Meeting resolved the that the Company shall do a reverse share split (share consolidation) of the Company’s shares in the ratio of 10:1 to meet Oslo Børs’ requirements of a minimum share value of NOK 1 per share. In order to facilitate the share consolidation, the Extraordinary General Meeting also approved a minor increase of the current share capital by NOK 3.00 through issue of six (6) new shares each with a par value of NOK 0.50, in order to obtain a total number of shares outstanding divisible by 10. The Company will issue a separate stock exchange announcement at a later date with the key dates for the share consolidation once...

Figure 1Harding Battery Metals JV Priority TenementsFigure 2Location of Priority Tenement adjacent to Azure Minerals’ Andover Lithium – Nickel ProjectHIGHLIGHTSSQM Australia has agreed to pay A$10 million for a 75% interest in five of Novo’s prospective lithium – nickel tenements in the West Pilbara, near Roebourne, Western Australia, forming the Harding Battery Metals Joint Venture, and for an option over additional Novo Pilbara tenements.The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals’ Andover Lithium – Nickel Project where Azure announced pegmatites hosting significant widths of visible spodumene with high lithium grades returned1.Novo will be entitled to a contingent success payment based on the lithium contained in a JORC compliant ore reserve...

ATHENS, Greece, Dec. 18, 2023 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announces the voluntary prepayment in full of its existing loans with Piraeus Bank S.A., (the “Piraeus Loans”). The voluntary prepayment amounts to approximately US$44.8 million. The Piraeus loans were secured by the M/T P. Monterey, M/T P. Yanbu and M/T P. Sophia. Following the full prepayment of the Piraeus Loans, the Company’s total outstanding debt will be approximately US$55.2 million, and three out of the seven vessels comprising the Company’s current fleet will be completely unencumbered. Commenting on this prepayment, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated: “Following the recent strategic sale of...

LONDON, Dec. 18, 2023 (GLOBE NEWSWIRE) —  VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his individual shareholding in the Company by 125,000 shares, representing approximately 4% of the undiluted number of issued and outstanding shares of the Company. This is through a voluntary election to receive his CEO salary since 1 July 2023 in the form of ordinary shares in VivoPower and was approved by the Remuneration Committee. The issuance of the ordinary shares to the CEO will be conditional upon the directors of VivoPower having first been granted sufficient authority to allot such number of shares pursuant to section 551 of the Companies Act 2006 by the shareholders of VivoPower at the 2023 Annual General Meeting of shareholders. About...

ZIBO, China, Dec. 18, 2023 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the patent application for the invention titled “Multivariable Particle Size Control System for Graphite Micropowder Production” by Sunrise (Guizhou) New Energy Materials Co., Ltd has  been accepted by the National Intellectual Property Bureau. The application has been assigned the application number 202323405484.1, with acceptance number 2023121400642270. The patent pertains to the field of graphite manufacturing technology. It overcomes the drawbacks of conventional air grinding systems by providing a novel system that allows for adjustable variables, particle size detection, and low failure rates in the production of graphite micropowder. The acceptance of this...

HOUSTON, Dec. 18, 2023 (GLOBE NEWSWIRE) — Equus Total Return, Inc. (NYSE: EQS) (“Equus”) today announces that Morgan E&P, LLC, (“Morgan”), a wholly-owned subsidiary of Equus, continues to acquire mineral rights in the Bakken/Three Forks formation in the Williston Basin of North Dakota. Morgan has increased its acreage in this area from 4,747.52 net acres to 5,976.84 net acres, an increase of 1,229.32 net acres, or approximately 25.9%. Morgan engaged the petroleum engineering firm of Cawley, Gillespie & Associates, Inc. (“CG&A”) to review and provide an updated reserve analysis of the asset using the November 30th, 2023 NYMEX strip pricing. Using a discount rate of 10% (PV 10 Valuation) the values of proved undeveloped, probable, and possible reserves associated with the project have increased...