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Month: May 2024

Nika Pharmaceuticals, Inc. (Nika) Acquires a Two Million USD Production Building

HENDERSON, Nev., May 10, 2024 (GLOBE NEWSWIRE) — Nika Pharmaceuticals, Inc. (OTCMKTS: NIKA) announces that it is the beneficial owner of a production building and land valued at $2,045,209, located in Sofia Province, Bulgaria. On May 9, 2024, NIKA acquired Nika Pharmaceuticals, Ltd.; as a result, the company became 99.99% owner of Nika Europe, Ltd, in whose capital the production building and land were previously contributed in-kind on April 29 after an extensive valuation by three independent experts appointed by the Bulgarian Registry Agency. The production building and land were originally purchased in June 2023 by CEO and director Dimitar Savov, who also carried out extensive renovations at his own personal expense. The production building has a 18,669 square feet built-up area consisting of several manufacturing halls and...

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High School Seniors Sign for Careers at HII’s Newport News Shipbuilding

NEWPORT NEWS, Va., May 10, 2024 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Newport News Shipbuilding division is welcoming more than three dozen graduating high school seniors to careers in shipbuilding. The shipyard held a signing day at The Newport News Shipbuilding Apprentice School Wednesday and participated in the New Horizons Regional Education Centers (NHREC) Good Life Solution Program’s Career Selection Day on Thursday. A total of 38 students accepted employment offers from NNS: 15 who will begin full-time trade positions within the shipyard and 23 who will attend The Apprentice School. Funded by HII to train and develop the next generation of shipbuilders, The Apprentice School offers four- to eight-year, tuition-free apprenticeships in 19 trades and eight optional advanced programs, to include accredited undergraduate degrees...

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Codere Online to Release Financial Results for the First Quarter 2024 on May 15

Madrid, Spain and Tel Aviv, Israel, May 10, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its first quarter 2024 results prior to 8:30AM US Eastern Time on May 15, 2024. At 8:30AM US Eastern Time on the same day, Codere Online’s management will host a conference call to discuss the results and provide a business update. The Company’s earnings press release and related materials will be available on Codere Online’s website at www.codereonline.com. Dial-in details for the conference call as well as the audio webcast registration link are accessible on the Events & Presentations section of the same website. A recording of the webcast will be available following the conference...

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Update: Change of date for Camposol Holding PLC’s First Quarter 2024 Financial Results Presentation

We would like to inform you of an update regarding the Camposol Holding PLC’s First Quarter 2024 Financial Results Presentation. Please note that the presentation originally scheduled for Monday, May 27, 2024, will now take place on Tuesday, May 28, 2024, at 9:00 am Peru Time. The timing and links for registration and participation in the conference call remain unchanged. To register and participate in the conference call please use the following link: https://register.vevent.com/register/BIf823c18bd17a451f9db6353bf30a1b12 Participants are advised to log in to the conference call service and check their settings a few minutes before the conference call begins. To access the webcast presentation associated with the conference call, please use the following link: https://edge.media-server.com/mmc/p/xcv3cq9w If you are unable to participate...

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POET Announces Closing of Private Placement Financing for CAD$10 Million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 10, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, announced the closing of its previously announced CAD$10 million private placement (the “PP Offering”) which was taken up by two institutional investors. No brokers or finders were engaged in this transaction. The PP Offering was announced on April 29, 2024 and today’s closing follows the Company’s recent closing of its CAD$10 million financing under the Listed Issuer Financing Exemption on May 3, 2024. Under the PP Offering the Company sold 3,448,275...

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Unaudited financial report of Nordic Fibreboard AS for the first quarter of 2024

Management report  Consolidated net sales for Q1 2024 were € 1.97 million, which was a 24% decrease compared to the same period last year (Q1 2023: € 2.60 million). The main business area is the production and wholesale of fibreboard, which recorded sales in Q1 2024 of € 1.95 million (Q1 2023: € 2.60 million). The remaining business area is real estate management of the property owned in Suur-Jõe street in Pärnu, who recorded sales of € 0.01 million in Q1 2024 (Q1 2023: also € 0.01 million). The main reason for the decrease in sales revenue of fiberboard (comparing the Q1 2023 to the Q1 2024) was the termination of supplies to the major customer in Denmark (supplies ended in June 2023). By the end of the Q1 2024, new customers added have replaced 40% of the sales revenue generated by the major Danish customer in the Q1 2023. The company’s...

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Red Pine Provides Further Update On Assay Results for Wawa Gold Project

TORONTO, May 10, 2024 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”), further to its press releases of May 1, 2024, and May 6, 2024 (the “Prior Press Releases”), provides a further update on the Company’s progress on its investigations into the reporting inconsistencies of certain assay results from the Wawa Gold Project. While the investigations are ongoing, based on the findings made to date, Red Pine believes that the reporting inconsistencies disclosed in the Prior Press Releases resulted from the unauthorized manipulation of certain assay results received from Activation Laboratories Ltd. (“Actlabs”) by the Company’s former Chief Executive Officer (the “Former CEO”). Based on a review of, among other things, the chain of custody of the drill core assay results, the Company...

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Copper Road Completes Sale of the Copper Road Project

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, May 10, 2024 (GLOBE NEWSWIRE) — Further to its news releases dated February 14 and April 30, 2024, Copper Road Resources Inc. (TSXV: CRD, OTCQB: SAGGF) (“Copper Road” or the “Company”) is pleased to announce that it has completed the sale of its 100% interest in the 24,000-hectare Copper Road Project located in Batchewana Bay, Ontario to Sterling Metals Corp. (TSXV: SAG, OTCQB: SAGGF) (“Sterling”). Pursuant to the terms of a definitive share purchase agreement dated February 13, 2024 between the Company, Sterling and a wholly-owned subsidiary of the Company (the “Subsidiary”), Sterling acquired the Subsidiary, which holds the Copper Road Project, in...

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Subsea7: Subsea Integration Alliance awarded contract offshore Türkiye

Luxembourg – 10 May 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a large1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye. The award will be booked in backlog in Q2 2024. An initial contract was awarded in May 2023 to a consortium including SLB, Subsea Integration Alliance2 and Saipem for the engineering, procurement, construction and installation of the second development phase (2a) of the Sakarya gas field. Today’s award expands the existing contract with Subsea Integration Alliance to include the installation of Türkiye’s first floating production unit as part of Phase 2a development. Subsea7’s scope will include the installation and integration of risers, umbilicals, hook-ups and mooring systems...

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Novaturas will introduce 2024 first quarter results (unaudited)

On May 22th 2024 at 9:00 AM CEO of AB “Novaturas” Mr. Kristijonas Kaikaris and CFO Mr. Vaidrius Verikas will present the Company’s consolidated financial results for the first quarter of 2024 to investors. We kindly ask to register for the webinar using the link below: https://nasdaq.zoom.us/webinar/register/WN_9f5HjXmfQt210z9xIfpBjQ CFO Vaidrius Verikas +370 646 43758

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