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Day: May 23, 2024

Avance Gas Holding Ltd: Ex cash distribution USD 2.15 today

Hamilton, Bermuda, May 23, 2024 The shares in Avance Gas Holding Ltd (ticker: “AGAS”) will be traded ex cash distribution of USD 2.15 per share as of today. The cash distribution of USD 2.15 consists of USD 0.99 in return of capital and USD 1.16 in dividend for the first quarter of 2024. The return of capital and dividend will be paid on May 31, 2024. For further information, please contact: Randi Navdal Bekkelund – Chief Financial Officer Tel: +47 23 11 40 00 Email: ir@avancegas.com ABOUT AVANCE GAS Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world’s leading owners and operators of very large gas carriers (VLGCs) and owns sixteen LPG ships consisting of twelve modern VLGCs including four dual fuel LPG VLGCs and four dual fuel MGCs for delivery...

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Benedicte Schilbred Fasmer is appointed new President & CEO in Telenor Group

Benedicte Schilbred FasmerBenedicte Schilbred Fasmer profile pictureBenedicte Schilbred FasmerBenedicte Schilbred Fasmer profile pictureSigve Brekke, Jens Petter Olsen and Benedicte Schilbred FasmerTelenor’s current CEO, Sigve Brekke, Chair of the Board, Jens Petter Olsen, and Telenor’s new CEO, Benedicte Schilbred FasmerBenedicte Schilbred Fasmer is appointed new President & CEO in Telenor GroupTelenor’s new CEO, current CEO and Chair of the BoardOslo (May 23rd 2024) – Telenor Group’s Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO. Sigve Brekke is stepping down December 1st after more than 9 years as President & CEO of Telenor.   Telenor’s Board of Directors has carried out an extensive process to identify the right candidate...

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GlobalFoundries Announces Pricing of $950 Million Secondary Offering of Ordinary Shares, Including Concurrent $200 Million Share Repurchase

MALTA, N.Y., May 22, 2024 (GLOBE NEWSWIRE) — GlobalFoundries Inc. (“GlobalFoundries” or “GF”) (Nasdaq: GFS), today announced the pricing of a secondary public offering of $950 million of its ordinary shares at a price to the public of $50.75 per share (including a $200 million share repurchase, as described below). All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its affiliates, is GlobalFoundries’ largest shareholder). The Selling Shareholder has also granted the underwriters a 30-day option to purchase up to an additional $112.5 million of GlobalFoundries’ ordinary shares (equal to 15% of the initial ordinary shares being sold to the public) at...

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DMG Blockchain Solutions Reports Second Quarter 2024 Results Ending March 31, 2024

VANCOUVER, British Columbia, May 22, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and data center technology company, today announces its fiscal second quarter 2024 financial results. All financial references are in Canadian Dollars unless specified otherwise. Q2 2024 Financial Results HighlightsQ2 2024 revenue increased 31% over the prior year to $10M, driven by self mining revenues increasing 39% Net Income was slightly positive, maintaining profitability for the second consecutive quarter 153 bitcoin mined, down 22% from the prior quarter, with a hashrate of 0.96 EH/s and fleet efficiency of 28.4 J/TH $4.5 million cash flow from operations, up 19% from the prior quarter Deploying Bitmain T21 miners with goal to reach 1.7 EH/s...

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Northland Power Reports on Its 2024 Annual General Meeting

TORONTO, May 22, 2024 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced the results of the election of Directors at its Annual General Meeting (“the Meeting”) held on May 22, 2024, in a virtual-only meeting format. The total number of voting shares represented by shareholders present electronically and by proxy at the Meeting was 157,834,362, representing 61.64% of Northland’s outstanding voting shares. The nine nominees proposed by Management for election as Directors were elected. Information on each of the Director Nominees is contained in Northland’s Management Information Circular dated April 15, 2024, which is available on the company’s website at www.northlandpower.com. The votes received were as follows:Nominee Votes For Percent Withheld PercentJohn W. Brace 151,736,391 96.51% 5,484,968 3.49%Doyle...

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Tritium Will Not Appeal Nasdaq Delisting Determination

Administrator Requests Halt in Trading of Securities BRISBANE, Australia, May 22, 2024 (GLOBE NEWSWIRE) — Tritium DCFC Limited¹ (OTC: DCFCQ) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles, previously reported, on April 18, 2024, that the Company and three of its Australian subsidiaries, Tritium Pty Ltd², Tritium Holdings Pty Ltd³ and Tritium Nominee Pty Ltd⁴ (together with the Company, the “Companies”) (i) were insolvent or likely to become insolvent, (ii) a voluntary administrator should be appointed under the Australian Corporations Act 2001 (the “Act”), and (iii) to appoint Peter James Gothard, James Douglas Dampney and William Martin Colwell of KPMG as joint and several administrators (together, the “Administrators”) pursuant to section 436A of...

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