Day: December 19, 2023

Steelcase Reports Third Quarter Fiscal 2024 Results

Orders grew 15% compared to prior year and improved modestly on a sequential basis Gross margin improved 360 basis points compared to prior year International generated operating income of $6.6 million Total liquidity strengthened by $110 million during the third quarter GRAND RAPIDS, Mich., Dec. 19, 2023 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported third quarter revenue of $777.9 million, net income of $30.8 million, or $0.26 per share, and adjusted earnings per share of $0.30. In the prior year, Steelcase reported revenue of $826.9 million, net income of $11.4 million, or $0.10 per share, and adjusted earnings per share of $0.20. Revenue and order growth (decline) compared to the prior year were as follows:   Q3 2024 vs. Q3 2023   RevenueGrowth (Decline)   Organic Revenue Growth (Decline)   Organic Order...

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Shimmick Corp. Announces Third Quarter 2023 Results

Third Quarter 2023 Financial Highlights Revenue of $175 million Net income attributable to Shimmick of $35 million Diluted earnings per common share of $1.58 Adjusted net income of $37 million Adjusted diluted earnings per common share of $1.67 Adjusted EBITDA of $42 million Backlog of $1.2 billion as of September 29, 2023 IRVINE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) — Shimmick Corp. (Nasdaq: SHIM), a leading water infrastructure company, today reported financial results for the third quarter ended September 29, 2023. “Shimmick has been energized by the support we received from our new investors in our IPO. Being a public company will help Shimmick continue its growth trajectory,” said Steve Richards, Chief Executive Officer of Shimmick. “Shimmick has demonstrated the ability to self-perform many complex water projects which...

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U.S. Global Investors Announces Continuation of Monthly GROW Dividends, Provides Update on Gold

Gold Price on an Upward Trajectory as Treasury Yields Fell Below Key Moving Average U.S. Global Investors San Antonio, TX, Dec. 19, 2023 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, is pleased to announce that it will continue its payment of monthly dividends. The Company’s Board of Directors (the “Board”) approved payment of the $0.0075 per share per month dividend beginning in January 2024 and continuing through March 2024. The record dates are January 8, February 12 and March 11, and the payment dates will be January 22, February 26 and March 25. At the December 15, closing price of $2.79, the $0.0075 monthly dividend equals a 3.23% yield on an annualized basis. For the 12 months ended September...

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Multiple Intersections of +2% Li2O Reported at Globex’s Lac Escale (Mirage) Royalty Property

ROUYN-NORANDA, Quebec, Dec. 19, 2023 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to update shareholders on new assay results reported by Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB) on Globex’s Lac Escale (Mirage) lithium royalty property in the James Bay region of Quebec. As referenced in Globex’s November 28, 2023 press release, Brunswick exercised the 5-year Lac Escale property option 11 months after entering into the agreement. Brunswick has reported an additional 9 drill holes which extend the strike length of the Mirage lithium discovery (click to access previous press release) by...

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Unlocking the Future: Aware Partners with Avanza Solutions to Extend World Class Biometric Authentication Across Middle East, Asia and Africa

Collaboration Opens New Revenue Opportunities for Both Organizations to Bring Seamless Biometric Authentication Integration to Financial Services Institutions BURLINGTON, Mass., Dec. 19, 2023 (GLOBE NEWSWIRE) — Biometric authentication technologies have witnessed a significant increase in demand in the global financial services industry in recent years, and the Middle East, Asia and Africa are no exception. With more traditional forms of authentication like passwords increasingly vulnerable to hacking, financial services firms and their users are demanding a more secure and convenient way to verify identities. To help meet this demand, today, Aware, Inc. (NASDAQ: AWRE), a leading global authentication company, and Avanza Solutions, a provider of digital platforms and services for banking, financial institutions, and other sectors,...

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Ninepoint Partners Announces Estimated December 2023 Cash Distributions for Ninepoint High Interest Savings Fund – ETF Series Securities

TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated December 2023 cash distributions for the ETF Series securities of Ninepoint High Interest Savings Fund. The record date for the distributions is December 28, 2023. All distributions are payable on January 8, 2024. Please note that these are estimated amounts only and have been calculated based upon information as of December 15, 2023.  The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors. The actual taxable amounts of distributions for 2023, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2024. Securityholders can contact their brokerage firm for this information. The...

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McPhy Energy: McPhy renews an equity financing line with Vester Finance

Grenoble, December 19, 2023 – 6:45 pm CET – McPhy Energy (the « Company »), a specialist in low-carbon hydrogen production and distribution equipment (electrolyzers and refuling stations), announces the set-up of a new equity financing line with Vester Finance1 in the form of a PACEO, limited to a maximum of 14.6% of its capital2. Jean-Baptiste Lucas, Chief Executive Officer of McPhy, comments: « Ensuring our financial visibility is a key factor of our development. Among our financing options under consideration, we have chosen to reiterate an equity line, already successfully carried out in the past alongside Vester Finance executive, as it strengthens our equity by enabling us to adjust its use according to our actual needs, thanks to its flexibility. This transaction, together with the entry into exclusive negotiations with Atawey for...

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Scatec sells 8.5 MW solar power plant in Rwanda, in line with strategy

19 December 2023: Scatec ASA, a leading renewable energy company in emerging economies, has today signed an agreement with Fortis Green Fund I Rwanda Holdings Ltd and Axian Energy Green Ltd to sell its 54% equity share in the 8.5 MW solar power plant in Rwanda for USD 1.38 million (NOK 14.2 million), in line with the company’s strategy. “This transaction is aligned with our strategy to consolidate our operating portfolio through divestments of assets in non-prioritised markets,” says Scatec CEO Terje Pilskog. The ASYV power plant in Rwanda commenced operations in 2014. The power was sold under a 25-year Power Purchase Agreement with the state-owned utility EWSA, guaranteed by the Government of Rwanda. The transaction is subject to the customary regulatory consents and is expected to close in 2024. Scatec is also exiting from the operations...

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Results from the Annual Meeting of Shareholders

MONTREAL, Dec. 19, 2023 (GLOBE NEWSWIRE) — SIRIOS RESOURCES INC. (TSX-V: SOI; OTCQB: SIREF) announces that all the resolutions that were presented at the annual meeting yesterday were approved by the shareholders. These resolutions include the appointment of the directors and the auditors as well as the renewal of the Company’s Stock Option Plan. Shareholders re-elected Ms. Colinda Parent as well as Mr. Luc Cloutier, Dominique Doucet, Guy Le Bel, and Robert Ménard to the Board of Directors with an approval rating between 93,5 % to 99.0 %. More than 28% of the shareholders voted on the resolutions presented. Moreover, during the Board meeting held after the shareholders’ meeting, Mr. Frederic Sahyouni was re-appointed to the position of Chief Financial Officer and Secretary of the Company while Mr. Dominique Doucet and Robert Ménard...

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CGrowth Capital Inc. Discovers Promising Lithium Bearing Pegmatite Deposits in Tenements Following Comprehensive Study and Survey

NEW YORK, NY, Dec. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – CGrowth Capital Inc. (OTC: CGRA) is a public holding company for alternative and undervalued assets. The company is sector and industry agnostic and currently consists of two divisions including Sports Technology and Mining. The company is focused on investing in growth-oriented opportunities where the company’s capital, expertise, and capabilities can help create significant added value for shareholders. CGRA is pleased to share the results of a comprehensive desktop research and reconnaissance survey undertaken by Metminec (Pty) Ltd on behalf of CGRA Mining Inc. This study was aimed at generating potential follow-up targets for lithium exploration and future drilling endeavours on several prospecting tenements owned by the company. As part of this extensive research...

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