Year: 2023

FLNG Gimi delivered from Seatrium Shipyard and sailing for GTA

Written by Customer Service on November 19, 2023. Posted in Public Companies.

Golar LNG Limited (“Golar”) is pleased to announce that the FLNG Gimi departed Singapore’s Seatrium Shipyard today, November 19, 2023. FLNG Gimi is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater Tortue Ahmeyim (“GTA”) hub offshore Mauritania and Senegal. The voyage is expected to take around 60 days, including refuelling stops in Mauritius prior to rounding the Cape of Good Hope and in Namibia prior to its arrival. Upon arrival, FLNG Gimi will notify BP that it is ready to be moored and connected to the hub, which is expected to trigger the start of contractual cash flows under the 20-year Lease and Operate Agreement on the GTA field. Golar CEO Karl-Fredrik Staubo commented: “Golar is pleased to complete conversion of the FLNG Gimi. We would like to thank Seatrium, Black and Veatch and...

Brunswick Exploration Announces Closing of Non-Brokered Private Placement

Written by Customer Service on November 18, 2023. Posted in Public Companies.

MONTREAL, Nov. 17, 2023 (GLOBE NEWSWIRE) — Brunswick Exploration Inc. (“Brunswick” or the “Corporation”) (TSX-V: BRW) is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $5,700,000 consisting of the issuance of 1,519,057 Québec flow-through shares of the Corporation at a price of $1.15 per share and 3,593,714 National flow-through shares of the Corporation at a price of $1.10 per share (the “Offering”). The Corporation expects to use the gross proceeds from the Offering for Phase 2 drilling at the Mirage Project and to drill test advanced targets starting with the Arwen discovery at the Elrond Project in Q1 2024. In connection to this Offering, the Corporation paid cash finders fees of $260,756 to arm’s length third parties. The Offering was carried out...

UPDATE – ProStar and Eos Have Entered Into A Settlement Agreement And The Matter Has Been Resolved To The Satisfaction Of All Parties

Written by Customer Service on November 18, 2023. Posted in Public Companies.

GRAND JUNCTION, Colo., Nov. 17, 2023 (GLOBE NEWSWIRE) — ProStar Holdings Inc., (“ProStar®” or “the Company”) (TSXV: MAPS) (OTCQX: MAPPF) (FSE: 5D00) announces that ProStar and Eos have entered into a settlement agreement and the matter has been resolved to the satisfaction of all parties. Contact: Investor Relations 970-822-4792

FORTY PILLARS ANNOUNCES PROPOSED SHARE CONSOLIDATION AND DIRECTOR APPOINTMENT

Written by Customer Service on November 18, 2023. Posted in Public Companies.

Vancouver, B.C., Nov. 17, 2023 (GLOBE NEWSWIRE) — Forty Pillars Mining Corp. (CSE: PLLR) (the “Company” or “Forty Pillars”) announces that its board of directors has approved a share consolidation (the “Consolidation”) of the common shares in the capital of the Company at a ratio of three (3) pre-Consolidation common shares for one (1) post-Consolidation common share (the “Consolidated Shares”). The proposed Consolidation would result in the number of issued and outstanding common shares being reduced from the current outstanding 14,692,589 common shares to approximately 4,897,529 common shares, subject to rounding. No fractional shares will be issued as a result of the Consolidation. Any fractional shares resulting from the Consolidation will be rounded up to the next whole common share, and no cash consideration will be paid...

Purpose Investments Inc. Announces November 2023 Distributions

Written by Customer Service on November 18, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of November 2023 for its open-end exchange-traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is November 27, 2023, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of November 28, 2023, as well as Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund which have an ex-distribution date of November 29, 2023. The ex-distribution date for all closed-end funds is November 29, 2023.Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $0.10501 11/28/2023 12/07/2023 MonthlyPurpose...

Applied UV Announces Third Quarter 2023 Financial Results, Revenue Increases to $11.4 Million, Adjusted EBITDA (non-GAAP) Improves 30.8% Year Over Year

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, NY, Nov. 17, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and specialty building solutions today announced financial results for the third quarter and nine months ended September 30, 2023. “With continued strong revenue momentum and sustained progress on the path to profitability, we are delivering against the key milestones we laid out earlier this year. I’m proud of how our teams are executing our growth strategy,” said Max Munn, CEO of Applied UV. “Our innovation and commercial capabilities continue to enhance the value proposition of our brands and we have made meaningful progress on our transformation initiatives to improve our operational execution. We remain confident that these efforts will position us to deliver significant...

HII is Awarded Contract for DDG 51-Class Follow Yard Support

Written by Customer Service on November 17, 2023. Posted in Public Companies.

USS Jack H. Lucas (DDG 125)HII’s Ingalls Shipbuilding division was award a cost-plus-award fee contract from the U.S. Navy on Fri., Nov. 17 for follow yard support of the Navy’s Arleigh Burke-class (DDG 51) destroyer program. Pictured is USS Jack H. Lucas (DDG 125) during builder’s trials in April 2023. USS Jack H. Lucas is the most recent Ingalls-built Arleigh Burke-class destroyer commissioned into the U.S. Navy.PASCAGOULA, Miss., Nov. 17, 2023 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Ingalls Shipbuilding division received a cost-plus-award fee contract from the U.S. Navy for follow yard support of the Navy’s Arleigh Burke-class (DDG 51) destroyer program. This contract, which allows for the continuation of key technical management and support functions that enable coordinated production of DDGs...

Partners Value Investments L.P. Announces Q3 2023 Interim Results

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the nine months ended September 30, 2023. All amounts are stated in U.S. dollars. The Partnership recorded net income of $18.7 million for the quarter ended September 30, 2023, compared to net income of $51.0 million in the prior year quarter. The decrease in income in the current period was primarily driven by lower foreign currency gains and tax recoveries. A gain of $17.0 million was attributable to the Equity Limited Partners ($0.21 per Equity LP unit) and income of $1.7 million was attributable to Preferred Limited Partners. As at September 30, 2023, the market prices of a Brookfield Corporation (formerly known as Brookfield Asset Management Inc., the “Corporation”,...

Partners Value Investments Inc. Announces Q3 2023 Interim Results

Written by Customer Service on November 17, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the nine months ended September 30, 2023. All amounts are stated in U.S. dollars. The Company recorded net income of $72.1 million for the three months ended September 30, 2023, compared to net income of $343.9 million in the prior year period. Net income was lower in the current period primarily due to lower remeasurement gains on the Company’s retractable shares and warrant liability as well as lower foreign currency gains. The Company’s retractable common shares are classified as liabilities due to their cash retraction feature. The remeasurement gains or losses in a given period are driven by the respective depreciation or appreciation of the Partnership unit price as the exchangeable...

LGI Homes Announces Pricing of $400 Million of Unsecured Senior Notes due 2028

Written by Customer Service on November 17, 2023. Posted in Public Companies.

THE WOODLANDS, Texas, Nov. 17, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) (“LGI Homes” or the “Company”) today announced that it has priced its previously announced offering (the “Offering”) of $400 million aggregate principal amount of unsecured Senior Notes due 2028 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The Notes will bear interest at a rate of 8.750% per annum. The Notes will be initially guaranteed, jointly and severally, on a senior unsecured basis by the Company’s subsidiaries that guarantee the Company’s obligations under its revolving credit facility. The...

Year: 2023

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