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Month: January 2024

WISeKey Joins Global Mergers, Acquisitions & Investment Council (GMAIC)

GMAIC is committed to integrating Artificial Intelligence (AI) for sustainable development in M&A and prioritizing low-carbon strategies, recognizing their importance in global business and environmental health Geneva, Switzerland, Jan. 24, 2024 (GLOBE NEWSWIRE) — WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced that in a groundbreaking initiative (initially revealed in Davos, Switzerland on January 18, 2024), has joined as a founder member of the newly launched Global Mergers, Acquisitions & Investment Council (GMAIC), which marks a significant expansion of the Asia Pacific M&A Association (APMAA). Founded in 2017, by Dr. Wang Wei, founder of the China...

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ASML reports €27.6 billion net sales and €7.8 billion net income in 2023

ASML reports €27.6 billion net sales and €7.8 billion net income in 20232024 expected to be a transition year with sales similar to 2023 VELDHOVEN, the Netherlands, January 24, 2024 – Today, ASML Holding NV (ASML) has published its 2023 fourth-quarter and full-year results.Q4 net sales of €7.2 billion, gross margin of 51.4%, net income of €2.0 billion Quarterly net bookings in Q4 of €9.2 billion2 of which €5.6 billion is EUV 2023 net sales of €27.6 billion, gross margin of 51.3%, net income of €7.8 billion ASML expects 2024 net sales to be similar to 2023 ASML expects Q1 2024 net sales between €5.0 billion and €5.5 billion and a gross margin between 48% and 49%(Figures in millions of euros unless otherwise indicated) Q3 2023   Q4 2023   FY 2022   FY 2023  Net sales 6,673   7,237   21,173   ...

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Buyout offer followed by a squeeze-out for the common shares of EURO Ressources initiated by IAMGOLD France S.A.S.

  NEWS RELEASE Paris : EURBUYOUT OFFER FOLLOWED BY A SQUEEZE-OUT FOR THE COMMON SHARES OF EURO RESSOURCES INITIATED BY IAMGOLD FRANCE S.A.S January 24, 2024PRICE OF THE OFFER : EUR 3.50 per share   PERIOD OF THE OFFER : 10 trading daysThis news release has been prepared and is published by EURO Ressources pursuant to articles 231-27 3° and 231-28 of the Autorité des marchés financiers (“AMF“) General Regulations. Availability of the information document in response of EURO Ressources Pursuant to article L. 621-8 of the French Monetary and Financial Code and to article 231-26 of its General Regulations, the AMF has, pursuant to the compliance decision of January 23, 2024, delivered the visa n°24-009 as of January 23, 2024 on the information document in response prepared by EURO Ressources to the buyout offer followed...

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B2Gold Announces Total Gold Production for Q4 2023 of 288,665 oz; Total Gold Production for 2023 of 1,061,060 oz, Achieving Upper Half of 2023 Guidance; 2024 Guidance, Preliminary 2025 Production Outlook and Gold Prepay Arrangement

VANCOUVER, British Columbia, Jan. 23, 2024 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce its gold production and gold revenue for the fourth quarter and full year 2023, its gold production and cost guidance for 2024, preliminary 2025 production outlook, and a gold prepayment arrangement. All dollar figures are in United States dollars unless otherwise indicated. Canadian dollars are converted to United States dollars at an exchange rate of 1.35 to 1. 2023 HighlightsStrong quarterly total gold production in Q4 2023: Higher than anticipated total gold production in the fourth quarter of 2023 of 288,665 ounces, including 18,054 ounces of attributable production from Calibre Mining Corp. (“Calibre”).Achieved upper half of 2023 annual gold production...

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POWR Lithium Schedules Special Investor Announcement with CEO Matt Chatterton

VANCOUVER, British Columbia, Jan. 23, 2024 (GLOBE NEWSWIRE) — POWR Lithium Corp. (CSE: POWR) (FRA: 6JX / WKN: A3D6BS) (OTCQB: PWRLF) (“POWR” or the “Company”), a mineral exploration and development company focused on American lithium deposits to support domestic demand, schedules a special investor announcement with CEO Matt Chatterton. The Company will be hosting an investor conference call on Friday, January 26, 2024 at 1:30 p.m. PST, 4:30 p.m. EST, 10:30 p.m. CET, with Matt Chatterton, CEO to discuss development and strategy. Matt Chatterton will be discussing progress that has been made at POWR’s Halo Property and on major milestones that have been reached. He will also provide a look at the lithium space, where the industry is projected to go, and how POWR is working to build shareholder value. “POWR’s recent lithium discovery...

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5E Advanced Materials, Inc. Provides Update Confirming Boric Acid and Lithium at 5E Boron Americas Complex

Early success with in-situ mining operations is confirmed with boric acid head grade and lithium content since the company began injection on January 1st, 2024 HESPERIA, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) — 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that mining operations at the Company’s 5E Boron Americas Complex are successfully running all four wells, and has confirmed the presence of lithium in the Pregnant Leach Solution (“PLS”) and an increasing head grade of the boric acid content. The Company has been operating the mine in California since January 1st, 2024, and is producing initial results that are meeting or exceeding expectations. Some of the initial...

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SiTime Corporation to Announce Fourth Quarter 2023 Financial Results on February 13, 2024

SANTA CLARA, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) — SiTime Corporation (Nasdaq: SITM), the precision timing company, will announce its fourth quarter 2023 financial results on Tuesday, February 13, 2024, after market close. Rajesh Vashist, SiTime’s chief executive officer, and Beth Howe, chief financial officer, will broadcast a conference call at 2:00 p.m. Pacific Time to discuss the company’s results. Analysts and investors are invited to join the conference call using the following information: Date: Tuesday, February 13, 2024Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)Live webcast: Click HereRegister for dial-in number: Click Here Advanced registration is required for dial-in participants. Please complete the linked registration form above to receive a dial-in number and dedicated PIN for accessing the conference...

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Gildan Provides Timeline of Events Leading Up to CEO’s Removal

MONTREAL, Jan. 23, 2024 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today provides details on the timeline of events leading up to Glenn Chamandy’s removal as CEO. For more than a month, Browning West and Glenn Chamandy have claimed that the Board of Directors carried out a flawed CEO succession process. The facts, backed by years of documentation and Mr. Chamandy’s own words, tell a much different story. In December 2021, the Board and Mr. Chamandy agreed to an orderly three-year succession plan. Had Mr. Chamandy abided by his agreement, rather than attempting to entrench himself as CEO, the recent turmoil at Gildan would have been avoided. We now know that Mr. Chamandy never intended to abide by the agreed succession plan. He made that clear when he told the Globe and Mail on December...

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Celestica Recognized as one of Canada’s Top 100 Employers for Young People for 2024

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, has been named one of Canada’s Top 100 Employers for Young People for 2024 by Mediacorp Canada Inc., organizers of the annual Canada’s Top 100 Employers project. “We are honoured to be named among Canada’s Top 100 Employers for Young People in 2024,” said Rob Mionis, President and Chief Executive Officer, Celestica. “At Celestica, we recognize that our employees play an important role in our company’s success and we strive to create a collaborative environment that fosters innovation, empowers people and leverages individual expertise.” Leila Wong, Chief Human Resources Officer, Celestica added, “Our young people play a vital role...

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SAB Biotherapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement

SIOUX FALLS, S.D., Jan. 23, 2024 (GLOBE NEWSWIRE) — SAB Biotherapeutics, Inc. (Nasdaq: SABS), (SAB), a clinical-stage biopharmaceutical company with a novel immunotherapy platform that is developing fully-human anti-thymocyte immunoglobulin (hIgG) for delaying the onset or progression of type 1 diabetes (T1D), today announced that it received notice from The Nasdaq Stock Market LLC (“Nasdaq”) on January 23, 2024 informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing on the Nasdaq Capital Market. On January 23, 2023, SAB received notice from Nasdaq that the Company was not in compliance with the Rule, as its common shares failed to meet a closing bid price of $1.00 or more for 30 consecutive business...

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