Day: May 29, 2024

VIVOPOWER’S TEMBO LAUNCHES FULL ELECTRIC PICK UP UTILITY VEHICLE WITH CAPITAL LIGHT GLOBAL SUPPLY CHAIN

Ground breaking strategic development allows Tembo to bypass capex intensive assembly process and fast track path to profitable revenues Fully electric OEM pickup utility vehicle facilitated by establishment of world class supply chain across Asia augmented with European design and development heritage Initial B2B orders already secured for the EU-certified OEM vehicles, which are on track for full homologation by July 2024 Tembo OEM vehicle range complements current EUV conversion kit program, offering more choice to B2B corporate fleet customers Strategic supply chain will also materially reduce direct costs for the Tembo EUV conversion kit and Jeepney programs The OEM program is projected to expand Tembo’s total addressable B2B market by over 100% to $203 billion Executive Chairman of VivoPower will provide a verbal strategy and...

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Nordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2024 – Dividend is a top priority.

  Wednesday, May 29, 2024   Dear Shareholders and Investors,   Highlights:    Ninety day periods offer a short-term snapshot of a company, but it is also important to view the long-term picture. The values of our assets have seen a significant increase over the past years. The direction of NAT is unquestionably upward, with further room to grow.   The first quarter of 2024 continued at a strong pace with healthy earnings. The Net Profit for the first quarter of 2024 came in at $15.1 million which is similar to the previous quarter (4Q23) with a Net Profit of $17.5 million. For the first quarter of 2024 the dividend is 12 cents ($0.12) per share. This is our 107th consecutive quarterly dividend. The dividend is payable July 18, 2024 to shareholders on record as of June 28, 2024. The average Time Charter Equivalent (TCE) for our spot...

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IHH reports highest ever quarterly revenue in Q1 2024, with double-digit growth across key metrics, on outstanding performance across all markets

KUALA LUMPUR, Malaysia and SINGAPORE, May 29, 2024 (GLOBE NEWSWIRE) — Revenue at RM6.0 billion mark for the first time Outstanding growth momentum: revenue up 16%, EBITDA up 19% Core profit or PATMI (ex EI) up 22%; Lower headline PATMI due to high base in previous period (Q1 2023) which included one-off gain from sale of non-core asset IMU “We carried strong growth momentum into Q1 2024, with quarterly revenue hitting the RM6.0 billion mark for the first time. This outstanding performance cut across all our core markets as we took in more patients and provided more complex treatments. This drove core profit, or PATMI (ex EI), higher, even as headline profit was lower because the high base in Q1 2023 included a one-off gain from the sale of IMU.    We continue to focus on providing patients with cutting edge care; for instance,...

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Golconda Gold Ltd. Releases Financial and Operating Results for Q1 2024

TORONTO, May 29, 2024 (GLOBE NEWSWIRE) — Golconda Gold Ltd. (“Golconda Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce the release of its financial results for the three months ended March 31, 2024. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2024, prepared in accordance with International Financial Reporting Standards, and the corresponding management’s discussion and analysis (the “MD&A”), are available under the Company’s profile on www.sedarplus.ca. All references to “$” in this press release refer to United States dollars. First Quarter 2024 (“Q1 2024”) Highlights: mined 13,492 tonnes of ore from its Galaxy and Princeton ore bodies, with an average grade of 3.37 grammes per tonne (g/t) compared to 11,644 tonnes at 2.94 g/t in...

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Abercrombie & Fitch Co. Reports First Quarter Fiscal 2024 Results

Net sales of $1.0 billion, up 22% from last year with comparable sales growth of +21%, resulting in the highest first quarter net sales in company history Broad-based net sales growth across regions and brands; with Abercrombie brands growth of +31% First quarter operating margin of 12.7%, up 860 basis points from last year Increases full year outlook to net sales growth of around 10%, and operating margin of around 14% NEW ALBANY, Ohio, May 29, 2024 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the first quarter ended May 4, 2024. These compare to results for the first quarter ended April 29, 2023. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this release. Fran Horowitz, Chief Executive Officer, said, “Our...

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CORRECTION – Alpine Income Property Trust Declares Dividend For the Second Quarter 2024 (Ex-Dividend Date Correction)

WINTER PARK, Fla., May 29, 2024 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today a correction to the ex-dividend date previously announced on May 28, 2024. The ex-dividend date for the quarterly cash dividend per share of common stock for the second quarter of 2024 has been corrected from June 12, 2024 to June 13, 2024. All other details remain unchanged. About Alpine Income Property Trust, Inc. Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased commercial income properties that are predominately leased to high-quality publicly traded and credit-rated tenants. We encourage...

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CORRECTION – CTO Realty Growth Declares Dividends For the Second Quarter 2024 (Ex-Dividend Date Correction)

WINTER PARK, Fla., May 29, 2024 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today a correction to the ex-dividend date previously announced on May 28, 2024. The ex-dividend date for the second quarter dividends payable on the Company’s common stock and Series A Preferred Stock has been corrected from June 12, 2024 to June 13, 2024. All other details remain unchanged. About CTO Realty Growth, Inc. CTO Realty Growth, Inc. is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the United States. CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT. We encourage you to review our most...

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BioNTech and CEPI Expand Partnership to Strengthen Africa’s mRNA Vaccine Ecosystem

BioNTech and CEPI aim to enhance local R&D, clinical and commercial-scale manufacturing capacities to develop potential mRNA vaccines in Africa, for Africa CEPI to fund up to $145 million to support BioNTech in broadening the scope of the manufacturing facility in Kigali, Rwanda, aimed at addressing needs of African countries and in compliance with global standards Partnership intends to contribute to building a sustainable and resilient end-to-end African vaccine ecosystem BioNTech and CEPI commit to contributing to enabling equitable access, including affordable pricing to select vaccines made at the facility for LMICs, with priority access to African countries, and committed capacity to manufacture emergency response vaccines  MAINZ, Germany/OSLO, Norway, May 29, 2024 – BioNTech SE (Nasdaq: BNTX, “BioNTech”, “the Company”) and...

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KALA BIO to Present at Jefferies Global Healthcare Conference

ARLINGTON, Mass., May 29, 2024 (GLOBE NEWSWIRE) — KALA BIO, Inc. (NASDAQ:KALA), a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare and severe diseases of the eye, today announced that Kim Brazzell, Ph.D., Head of R&D and Chief Medical Officer of KALA BIO, will present at the Jefferies Global Healthcare Conference being held in New York, NY on Wednesday, June 5, 2024 at 12:30 p.m. ET. Management will also be available for one-on-one meetings on Wednesday, June 5, 2024. To access the webcast and subsequent archived recording of the presentation, please visit the “Presentations” section of the KALA website at www.kalarx.com. About KALA BIO, Inc. KALA is a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization...

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MegaWatt Metals Provides Work Program Plans for Benedict Mountains Uranium Property in Labrador’s Central Mineral Belt

Central Mineral Belt contains Michelin, one of North America’s largest uranium deposits Past property exploration found several high-grade uranium showings, sampling up to 13.8% U3O8 Work program stages, dates and timelines will be released as available Vancouver, British Columbia, May 29, 2024 (GLOBE NEWSWIRE) — MegaWatt Lithium and Battery Metals Corp. (CSE:MEGA) (FSE: WR20) (OTCQB: WALRF) (the “Company“, “MegaWatt Metals” or “MegaWatt”) is pleased to provide details of the Company’s work program to strategically advance the Benedict Mountains Uranium Property, which hosts significant uranium resources. Historical results from past exploration on the property include 4 uranium showings, grab samples up to 13.8% U3O8, a 1-meter (m) channel sample yielding 7% U3O8, and diamond drill hole intersections...

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