Year: 2023

Company Announcement No. 1064 Multi-billion dollar leading logistics joint venture to provide a full suite of ground, sea and air logistics services. The partnership will focus on the logistics services need for NEOM, with unprecedented demand growing the joint venture and adding value to the local economy through services and jobs. The joint venture will drive innovation leveraging existing R&D efforts and further push commercialisation of new solutions and technologies.NEOM and DSV announce a USD 10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. The partnership will focus on providing logistics services for NEOM in the coming years. Under the agreement, the joint venture will provide end-to-end supply chain management, development and investments...

Macquarie Asset Management has signed an agreement with Hydro relating to the future acquisition of 49.9 percent of Hydro’s renewable energy company Hydro Rein. Through the agreement, Hydro and Macquarie Asset Management will form a joint venture (JV) where Hydro will own the remaining 50.1 percent of the company. Macquarie Asset Management intends to invest equity of USD 332 million to obtain a 49.9 percent ownership of Hydro Rein. The transaction values Hydro Rein at USD 333 million, per June 30, 2023. With the capital provided by Macquarie Asset Management, Hydro Rein is expected to be fully funded for its current projects under construction and development cost for projects in the pipeline in the coming years, with an ambition to become self-funded. The transaction is a further demonstration of the successful and complementary partnership...

ATA on DiversityChange LeaderCHATTANOOGA, Tenn., Oct. 24, 2023 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. has been honored with the 2023 ATA Diversity Equity and Inclusion Change Leader Award. In an industry as dynamic and essential as trucking, the importance of diversity, equity, and inclusion cannot be overstated. Recognizing this, the American Trucking Association (ATA) celebrated eight remarkable companies with the 2023 ATA Diversity Equity and Inclusion Change Leader Award at this year’s ATA Management Conference and Exhibition (MCE). Among the esteemed recipients, Covenant Logistics stood out for its unwavering commitment to fostering a culture of acceptance and belonging for its team members and setting the new standard for the future of trucking. Sarah Rajtik, the ATA’s Executive Vice President of...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Oct. 23, 2023 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” updates shareholders on previously announced reorganization, monthly dividend and the timing for its third quarter results. Reorganization The Corporation continues to research an alternative structure that will meet both the goals of strategic business management and governance concerns of shareholders. While the Corporation is optimistic about achieving a reorganization acceptable to shareholders, there is no certainty at this time. Dividend Suspension With the delay in the reorganization, the Corporation...

VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) — Rubicon Organics™ Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, today announces the launch of Wildflower™ brand edibles crafted with minor cannabinoids including CBD, CBN and CBG. Wildflower™ is Canada’s leading topical brand with the #11 brand positioning in its market, and is expanding its product portfolio into the edibles category. “I am excited to expand the Wildflower™ brand into a new product category with our launch of minor cannabinoid edibles,” said Melanie Ramsey, Chief Commercial Officer. “At Rubicon Organics™ we strive to deliver innovative and premium products and these edibles are a significant...

Vancouver, BC, Oct. 23, 2023 (GLOBE NEWSWIRE) — West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) is pleased to announce that Mr. Lawrence Hay has joined the Company’s board of directors, effective immediately. Mr. Lawrence’s appointment is in conjunction with the resignation by Mr. Alex Klenman as a director of the Company to focus on other interests. West’s management and board of directors thank Mr. Klenman to the Company and wishes him well in his future endeavours. About West Mining Corp. West Mining Corp. is a mineral exploration company acquiring and developing advanced and early-stage exploration projects.  It is fully focused on its 100% owned, 9000 hectare prospective Kena Project located near Nelson, British Columbia. The Kena Project comprises three adjoining Properties:  Kena, Daylight and Athabasca. ...

VICTORIA, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) — The Tlowitsis, We Wai Kai, Wei Wai Kum and K’ómoks First Nations (the “Nations,” all member First Nations of the Nanwakolas Council), and Western Forest Products Inc. (TSX: WEF) (“Western”) have reached an agreement for the Nations to acquire a 34% interest from Western in a newly formed Limited Partnership (the “Partnership”) for $35.9 million (the “Agreement”). The Province of British Columbia helped to facilitate the Partnership through Incremental Treaty Agreements with the Nations, all of whom are in Stage 5 of the British Columbia Treaty Process. The formation of the Partnership and acquisition by the Nations is subject to various closing conditions, including subdivision and tenure transfer approvals from the British Columbia Ministry of Forests. Western and the...

Company working with the State of Louisiana on a five-phase capital plan at Red River with initial construction set to begin in November Initial investment of $45-50 million with option to expand scope up to $251 million at the Company’s sole discretion GREENWOOD VILLAGE, Colo., Oct. 23, 2023 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), a producer of activated carbon, and other environmentally efficient carbon products for use in purification, sustainable energy, sustainable materials and energy transition, today announced that the initial phase of construction at Red River is expected to begin in November. The initial phase of construction will include the installation of new shaping and heat treatment processes to leverage its new high performance and...