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Day: February 19, 2024

Opthea Appoints Arshad M. Khanani, MD, MA, FASRS, as Chief Medical Advisor

Global retina expert joins to support sozinibercept development and launch preparation MELBOURNE, Australia, Feb. 19, 2024 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT; NASDAQ:OPT, “Opthea”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, today announced the appointment of Arshad M. Khanani, MD, MA, FASRS, as Chief Medical Advisor. An internationally recognized retina specialist and clinical scientist, Dr. Khanani is a Managing Partner, Director of Clinical Research, and Director of Fellowship at Sierra Eye Associates, and Clinical Associate Professor at the University of Nevada, Reno School of Medicine. “We are delighted to have Dr. Khanani join Opthea as Chief Medical Advisor,” said Frederic Guerard, PharmD, Chief Executive Officer for Opthea. “Dr....

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Lilium partners with PhilJets to bring eVTOLs to Asia, starting with the Philippines

MoU for strategic collaboration to establish high-speed regional air mobility in Southeast Asia PhilJets intends to operate 10 Lilium Jets Lilium Jet expected to meet regional transportation challenges of the PhilippinesCHANGI, Singapore, Feb. 20, 2024 (GLOBE NEWSWIRE) — Lilium (NASDAQ: LILM), developer of the first all-electric vertical take-off and landing (eVTOL) jet, and PhilJets, a leading aviation provider of global services in the ASEAN region, today announced the signing of a Memorandum of Understanding at the Singapore Airshow. The agreement includes the intent to purchase 10 Lilium Jets, as well as a future strategic collaboration on the establishment of an eVTOL operation network across the Philippines and other Southeast Asia countries, such as Cambodia. As part of the agreement, Lilium and PhilJets will partner...

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Snakes & Lattes Inc. Reports Positive Q2 Results

Snakes & Lattes Inc.Snakes & Lattes Inc.NEW YORK, NY, Feb. 19, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – SNAKES & LATTES INC. (OTC: FUNN) published financials results for the quarter ending December 31, 2023. The following update provides a brief summary to shareholders and the investment community. FUNN Q2 FY 2024 Report Business Highlights (All numbers in USD):Gross Revenue of $2,293,505 USD (Slight increase YoY Quarterly) Gross Profit of $1,740,957 USD (Slight increase YoY Quarterly) FY2024 cumulative revenue $4,309,325 (Slight increase YoY cumulative) Common Stock Outstanding of 795,493,000 (unchanged) COGS are on target hitting just below 25%. The Company wants to maintain this as this is appreciable given COGS are decreasing while revenues are increasing Account Receivable grew from ~$113,000 to...

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Transocean Ltd. Reports Fourth Quarter and Full Year 2023 Results

                         Three months ended          December 31,    September 30,   Sequential  2023   2023   change(In millions, except per share amounts and backlog)                      Contract drilling revenues $ 741       $ 713       $ 28    Adjusted contract drilling revenues $ 748       $ 721       $ 27    Revenue efficiency   97.0   %     95.4   %     1.6   %Operating and maintenance expense $ 569       $ 524       $ 45    Net loss attributable to controlling interest $ (104 )     $ (220 )     $ 116    Diluted loss per share $ (0.13 )     $ (0.28 )     $ 0.15                           Adjusted EBITDA $ 122       $ 162       $ (40 )  Adjusted EBITDA margin   16.3   %     22.5   %     (6.2 ) %Adjusted net loss $ (74 )     $ (280 )     $ 206    Adjusted diluted loss per share $ (0.09 )     $ (0.36 )     $ 0.27                                                  Backlog...

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Osino Resources Announces Receipt of Superior Acquisition Proposal

VANCOUVER, British Columbia, Feb. 19, 2024 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or the “Company“) announces that it has received a proposal from a foreign-based mining company for the acquisition of all of the issued and outstanding common shares of the Company (the “Common Shares”) and all of the issued and outstanding securities convertible into Common Shares for cash consideration of C$1.90 for each Common Share by way of a plan of arrangement (the “New Offer”). The Board of Directors of the Company (the “Board“) has unanimously determined, after consultation with its financial and legal advisors, and based upon the unanimous recommendation of the special committee of the Board, that the New Offer constitutes a “Superior Proposal”...

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Production report for January 2024

Oslo, 19 February 2024         Dec 2023 Jan 2024Operated Boepd (1) Bopd (2) Boepd (1) Bopd (2)Colombia 605 400 572 374Argentina 2,147 338 1,846 336Total operated 2,752 738 2,418 710Total equity 1,335 413 1,181 394(1)   Barrels of oil equivalents per day (includes liquid and gas)(2)   Barrels of oil per day (represents only liquids) [boepd]: barrels of oil equivalents per day (includes liquid and gas)[Operated]: 100% field production operated by Interoil[Equity]        : Interoil’s share production net of royalties. Comments Interoil total daily average operated production experienced a severe reduction in production of around 335 boepd when compared with the previous month, in both Argentinean and Colombian operations. In Argentina, the operated production was reduced by 301 boepd due to some mechanical issues with...

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NNIT A/S: Annual Report 2023

NNIT launched the New Beginning strategy in 2023 to position the company as a pure-play IT consulting business highly specialized in global life sciences and the public sector in Denmark and focusing on organic and acquisitive growth combined with efficiency enhancements. The Group improved business and financial performance throughout the year and delivered on the outlook, which was upgraded in August, 2023. 2023 key highlightsRevenue grew by 15.2% (organic growth of 10.8%) to DKK 1,728 million following solid performance on existing engagements and onboarding of new customers across life sciences globally and the public and private sectors in Denmark. NNIT improved the operating result before special items significantly to DKK 116 million compared to a loss of DKK 7 million 2022 and lifted the operating profit margin before special...

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Verizon completes final allocation of its fifth $1 billion green bond

NEW YORK, Feb. 19, 2024 (GLOBE NEWSWIRE) — Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) issued its Green Bond Impact Report, outlining the full allocation of the nearly $1 billion of net proceeds from its fifth green bond, which was issued in May 2023. In February 2019, Verizon became the first U.S. telecom company to issue a green bond and remains a leader in the industry with the allocation of five green bonds. “The $5 billion of green bonds that we have issued to date are instrumental to our efforts to achieve our goal of net zero emissions in our operations by 2035,” said Tony Skiadas, Verizon’s executive vice president and chief financial officer. “As one of the leading corporate buyers of renewable energy and one of the largest green bond issuers in the U.S., we are proud to help accelerate the greening of the U.S....

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LLYC Announces the Acquisition of Lambert Global

LLYC Acquires Lambert GlobalAlejandro Romero (Global CEO of LLYC) and Jeff Lambert (Founder and Chairman of Lambert Global) shaking hands after finalizing the combination of the two firms.Marks the largest acquisition in LLYC’s history while creating the firm’s second-largest geographic marketAligns with LLYC’s Strategic Plan and its commitment to invest up to €40 million for inorganic growth investments in key marketsLLYC is expected to rank in the top 25 PR agencies in the U.S.1GRAND RAPIDS, Mich. and MADRID, Spain, Feb. 19, 2024 (GLOBE NEWSWIRE) — LLYC (BME:LLYC), a global Corporate Affairs and Marketing consulting firm, today announced the acquisition of Lambert Global, a strategic communications firm that specializes in public relations, investor relations, and integrated marketing.Founded in 1998,...

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BIC: Fourth Quarter & Full Year 2023 Results

 Clichy, France – February 19, 2024 BIC FOURTH QUARTER & FULL YEAR 2023 RESULTS A solid year, delivering results in line with our 2025 strategic goals FY23 Net Sales growth of +9.2% at constant currencies (CC) driven by all three divisions:Human Expression: +10.2% net sales growth at CC driven by distribution gains across European countries, strong commercial execution in Latin America and double-digit growth in Middle East and Africa. Flame for Life: +3.3% net sales growth at CC driven by distribution expansion and the strong performance of added-value products in Europe, Latin America, the Middle East, and Africa. Blade Excellence: +17.8% net sales growth at CC fueled by double-digit growth in Europe, Latin America, the Middle East and Africa, along with market share gains in all key regions and strong performance of both added-value...

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