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Month: May 2024

Galantas Gold Announces Convertible Debenture Conversion

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (“Galantas” or the “Company”) announces that US$60,000 of convertible debentures, as detailed in releases dated November 9, 2023 and December 20, 2023 (the “Debentures”) and approved by the TSX Venture Exchange, have been converted into common shares of the Company. The Debentures are convertible at the option of the holder thereof into common shares in the capital of the Company at a conversion price of US$0.255 per Conversion Share. The Debentures bear interest at a minimum interest rate of 10% per annum. As governed by the Debentures, 235,294 common shares of no par value (“Common Shares”) have been issued at a price of US$0.255. The Company has applied for admission of the Common Shares in connection with the Debenture to...

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Preliminary April results of Novaturas: focus on workation and trips for groups, start of the summer season

Novaturas Group, the leader in the Baltic tourism market, recorded revenues of EUR 15.1 mln. in April, compared to EUR 19 mln. in the corresponding period last year. The number of customers served was around 21 thsnd., compared to around 26 thsnd. in April last year. The lower passenger number this year is primarily due to the optimised travel offering to Turkey and Egypt, where profit margins are usually lowest due to intense competition. However, with the widest range of destinations in the region, Novaturas continues to pursue its diversification strategy and focuses on other more profitable travel destinations, which record growing sales. These include the increasing flows to Spain, Portugal, Tunisia, Greece, and Cyprus that has been introduced by the company this year. In April and May, Novaturas, as usual, focuses on active...

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Equinor ASA: Ex. dividend fourth quarter 2023 today

The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded exclusive the fourth quarter 2023 cash dividend as detailed below. Ex. date: 15 May 2024 Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act

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FLSmidth & Co. Group Interim Report for Q1 2024: Strong gross margin leading to continued improvement in profitability

COMPANY ANNOUNCEMENT NO. 8-2024 15 May 2024, Copenhagen, DenmarkHighlights in Q1 2024Mining order intake showed organic growth of 3% reflecting stable Service market and large Products order wins Mining revenue declined organically by 11% due to timing of order execution Group gross margin of 29.2% driven primarily by strong margin execution in Mining Adjusted Mining EBITA margin of 11.5% driven by continued strong execution and realised synergies  Good progression on all our science-based sustainability targets Separation of Mining and Cement businesses progressing according to plan Financial guidance for the full year 2024 maintainedGroup CEO, Mikko Keto, commented: “We have had a good start to the year, where we have not only progressed on all our core transformation activities, but also seen further improvements in profitability...

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Avance Gas Holding Ltd: First Quarter 2024 Earnings Release

BERMUDA, May 15, 2024 – Avance Gas Holding Ltd (OSE: AGAS) (“Avance Gas” or the “Company”) today reports unaudited results for the first quarter 2024.HIGHLIGHTSThe average time charter equivalent (TCE) rate basis discharge-to-discharge was $60,900/day, compared to $76,200/day for the fourth quarter 2023. TCE/day on load-to-discharge basis was $78,800/day compared to $71,900/day for the fourth quarter 2023. Adjustment related to load-to-discharge was positive $21 million or $17,900/day in TCE/day for the first quarter compared to negative $5.4 million or $4,300/day for the fourth quarter. For the first quarter, we had a Time Charter (TC) coverage of 26% at an average TCE rate of $47,000/day and spot voyages of 74% at $64,300/day corresponding to an average fleet TCE of $59,900/day excluding FFA gain of $1,000/day and positive load-to-discharge...

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Andes, HiRain, and HPMicro Join Hands to Build RISC-V AUTOSAR Software Ecosystem

Hsinchu, Taiwan, May 15, 2024 (GLOBE NEWSWIRE) — Andes, HiRain, and HPMicro jointly announced that the three parties will cooperate to combine the AndesCoreTM RISC-V processor series, the HPMicro HPM6200 full line of products, and the HiRain Vehicle OS software platform solutions to jointly build the RISC-V ecosystem in the field of automotive electronics. In this cooperation, HiRain’s AUTOSAR product INTEWORK-EAS will be adapted to HPMicro’s full line of HPM6200 products, supporting MCAL software adaptation and engineering integration for HPMicro’s AUTOSAR solutions. HiRain is currently one of the few major AUTOSAR software suppliers with experiences in supporting multiple RISC-V automotive-grade chips. HiRain has been an active player in enabling the RISC-V AUTOSAR ecosystem. The HPM6200 product line has 12 product models, with...

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Avance Gas Holding Ltd: Key information relating to return of capital and dividend for the first quarter 2024

Bermuda, May 15, 2024 Key information relating to return of capital and dividend to be paid by Avance Gas Holding Ltd. for the first quarter 2024 is specified as per below. The distribution of return of capital will be made from the Company’s Contributed Surplus account which consists of previously paid in share premium transferred from the Company’s Share Premium account. Return of capital: $0.99 Dividend amount: $1.16 Declared currency: USD Last day including right: May 22, 2024 Ex-date: May 23, 2024 Record date: May 24, 2024 Payment date: May 31, 2024 Date of Approval: May 14, 2024 For further queries, please contact: Randi Navdal Bekkelund, CFO Email: IR@avancegas.com Tel: +47 23 11 40 00 ABOUT AVANCE GAS Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of...

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Change in the Management Board of LHV Varahaldus

The Supervisory Board of AS LHV Varahaldus, a subsidiary of AS LHV Group, has decided to recall Management Board member Joel Kukemelk as of 31 July 2024 as mutually agreed. After that the Management Board will consist of two members. Joel Kukemelk has been working in LHV for a total of 18 years in various roles in the initial investment company, the bank and for the last 14 years in the asset management company. “With his dedication as a member of the board, as a fund manager and previously also as a portfolio manager and analyst, Joel has left a noticeable mark on the development of LHV and has also expanded the landscape of Estonian pension funds as a whole. With his active help, thousands of pension collectors have grown their assets,” commented Vahur Vallistu, Chairman of the Management Board of LHV Varahaldus. According...

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INTERIM REPORT OF MARIMEKKO CORPORATION, 1 January–31 March 2024: Marimekko’s net sales grew in the first quarter in particular as a result of timing of non-recurring promotional deliveries and operating profit improved

Marimekko Corporation, Interim Report, 15 May 2024 at 8.00 a.m. INTERIM REPORT OF MARIMEKKO CORPORATION, 1 January–31 March 2024: Marimekko’s net sales grew in the first quarter in particular as a result of timing of non-recurring promotional deliveries and operating profit improved This release is a summary of Marimekko’s interim report for the January-March period of 2024. The complete report is attached to this release as a pdf file and it is also available on the company’s website at company.marimekko.com under Releases & publications. The first quarter in briefMarimekko’s net sales increased by 7 percent and totaled EUR 37.7 million (35.3). Net sales were boosted in particular by the growth of wholesale sales in Finland, as the amount of non-recurring promotional deliveries falling in the first quarter was significantly higher...

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ABN AMRO Bank posts net profit of EUR 674 million in Q1 2024

ABN AMRO Bank posts net profit of EUR 674 million in Q1 2024 Q1 – Key messages of the quarterVery strong result with a net profit of EUR 674 million, driven by net interest income, fee income and low cost of risk Business momentum remained good; our mortgage loan book grew by EUR 0.8 billion and our corporate loan book by EUR 0.3 billion. We were market leader in mortgages in Q1 Continued strong net interest income as we continued to benefit from the current interest rate environment Fee income higher, driven by good performance in all client units Credit quality remains solid; impairments of EUR 3 million reflecting net additions for individual files and an improved macroeconomic outlook Strong capital position with Basel III CET1 ratio of 13.8% and Basel IV CET1 ratio around 14% Third share buyback programme of EUR 500 million...

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