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Month: May 2024

AltaGas and Vopak reach positive final investment decision on Ridley Island Energy Export Facility

AltaGas and Vopak reach positive final investment decision on Ridley Island Energy Export Facility World class export facility will strengthen Canada’s position as a growing global energy exporter Calgary and Prince Rupert, Canada; Rotterdam, The Netherlands 29 May 2023 – 6:30pm Mountain Standard Time / 30 May 2023 – 3:30 Central European Time. All figures contained in the press release are in Canadian dollars unless otherwise stated. AltaGas Ltd. (“AltaGas”) (TSX: ALA) and Royal Vopak (“Vopak”) (XAMS: VPK) (together the “Joint Venture”, “Partners” or “Partnership”) are pleased to announce a positive final investment decision (FID) on the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, British Columbia, Canada....

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LNG Energy Group Reports Financial and Operating Results for the First Quarter of 2024

Key Highlights:Operating netbacks of U.S.$5.28/Mcf natural gas and $56.58/bbl condensate ($31.23/boe). Repayment of U.S.$8.9 million in senior bank indebtedness to date. Conditionally awarded two Productive Participation Contracts (“CPPs”) to develop and produce hydrocarbons in Venezuela.TORONTO, May 29, 2024 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Corporation” or “LNG Energy Group”) is pleased to announce its financial and operating results for the quarter ended on March 31, 2024. All dollar amounts are expressed in United States dollars, except where otherwise indicated. “In 2024, we continue to focus on growing the production of our Colombian portfolio in a capital efficient manner,” commented Pablo Navarro, Chief Executive Officer and Chairman of the Corporation....

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Dayforce Continues Global Momentum with Launch of Dayforce Payroll in Singapore

Single platform for pay and time streamlines payroll, drives efficiency, and strengthens compliance MINNEAPOLIS and SINGAPORE, May 29, 2024 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the introduction of its industry-leading payroll capabilities to the Singapore market with the launch of Dayforce Payroll for Singapore. Today’s announcement will enable Dayforce to better serve its customers operating in Singapore and across Asia, while representing a significant milestone in the company’s growth journey. This is critical as leaders currently face a complexity crisis marked by a new, boundless workforce that’s increasingly fluid, borderless, and always on. Globally recognized as a centre for digital innovation, Singapore is home...

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Alterity Therapeutics to Host Webcast Today on New Data from the bioMUSE Natural History Study

– New bioMUSE Data Informs ATH434-202 Study Endpoints – – Webcast to Include Key Opinion Leader, Daniel Claassen, M.D., M.S., Vanderbilt University – MELBOURNE, Australia and SAN FRANCISCO, May 29, 2024 (GLOBE NEWSWIRE) — Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, will be hosting an investor webcast today on Thursday, 30 May 2024 in Australia / Wednesday, 29 May 2024 in the United States. Details are listed below and registration is required. The call will feature Alterity’s CEO Dr. David Stamler who will discuss the bioMUSE Natural History Study results and their impact on the endpoints for the ATH434-202 Phase 2 clinical trial. Joining the call will be key opinion...

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Monster Beverage Corporation Waives Financing Condition for Modified Dutch Auction Tender Offer to Purchase Up to $3.0 Billion of Its Outstanding Common Stock

CORONA, Calif., May 29, 2024 (GLOBE NEWSWIRE) — Monster Beverage Corporation (“Monster”) (NASDAQ: MNST) today announced that it is amending its previously announced modified “Dutch auction” tender offer to purchase shares of its common stock for cash at a price per share of not less than $53.00 and not greater than $60.00, for a maximum aggregate purchase price of up to $3.0 billion. The tender offer commenced on May 8, 2024, and will expire at 11:59 p.m., New York City time, on June 5, 2024, unless extended or earlier terminated by Monster. On May 22, 2024, Monster and certain of its subsidiaries entered into a new credit agreement providing for a new $750 million three-year delayed draw senior term loan A facility (the “Term Loan”) and a new $750.0 million five-year senior revolving credit facility (the “RCF”). The tender offer...

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Fountain Asset Corp. Announces Its Financial Results for the Quarter Ended March 31, 2024

TORONTO, May 29, 2024 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended March 31, 2024 (“Q1/24”). Highlights from Q1 2024:NAV of $6.22 million ($0.10/share) at March 31, 2024 compared to $6.66 million ($0.11/share) at December 31, 2023, representing a 9.1% decrease on a quarter over quarter per share basis; Net comprehensive losses of $0.44 million compared to net comprehensive losses of $0.18 million for the quarter ended March 31, 2023 (“Q1/23”); Total losses from investment activity was $0.28 million compared to gains of $0.04 million for Q1/23; Net realized losses on the sale of portfolio investments of $0.32 million compared to net realized gains of $0.09 million for Q1/23; Net unrealized gains on portfolio investments of...

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Gildan Activewear Announces Increase of Normal Course Issuer Bid

MONTREAL, May 29, 2024 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) is committed to returning capital to shareholders via share buybacks and dividends as a key element of its capital allocation program. As previously indicated, the Company planned on resuming share repurchases following the Annual General Meeting of shareholders which occurred on May 28, 2024. Consequently, Gildan’s newly reconstituted Board of Directors has now approved the resumption of share repurchases and an amended normal course issuer bid (NCIB). “Given our continued execution of the Gildan Sustainable Growth strategy, our expected strong free cash flow and the strength of our balance sheet, we are eager to resume our share repurchases as we move through 2024,” said Glenn J. Chamandy, President and CEO. As such, Gildan today announced that...

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Twelve Seas Investment Company II Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-Q

New York, NY, May 29, 2024 (GLOBE NEWSWIRE) — Twelve Seas Investment Company II (NASDAQ): TWLV) (the “Company”) today announced that it has received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 (the “Form 10-Q”); consequently, the Company is not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). The Notice advised this matter serves as an additional basis for delisting the Company’s securities from Nasdaq. As reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2024, the Company was unable to file its...

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UPDATE – Freshpet, Inc. to Participate in the Deutsche Bank Global Consumer Conference

SECAUCUS, N.J., May 29, 2024 (GLOBE NEWSWIRE) — Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today announced that members of the executive management team will participate in the Deutsche Bank Global Consumer Conference in Paris, France. The presentation will be on Wednesday, June 5, 2024 at 12:00 p.m. CEST / 6:00 a.m. EDT. A live webcast and replay will be available on the “Investors” section of the Company’s website at www.freshpet.com.  About Freshpet Freshpet’s mission is to improve the lives of dogs and cats through the power of fresh, real food. Freshpet foods are blends of fresh meats, vegetables and fruits farmed locally and made at our Freshpet Kitchens. We thoughtfully prepare our foods using natural ingredients, cooking them in small batches at lower temperatures to preserve the natural...

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CloudMD Announces Resumption of Trading on TSXV and Provides Additional Transaction Details

TORONTO, May 29, 2024 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, is announcing that further to the Company’s filing of its audited consolidated financial statements for the year ended December 31, 2023 and the related management’s discussion and analysis, a revocation order has been granted by the Ontario Securities Commission in respect of the failure-to-file cease trade order, and trading of the common shares of the Company on the TSX Venture Exchange is expected to be reinstated as of market open on Monday, June 3, 2024. As previously disclosed, the Company will be mailing an information circular to securityholders in advance of the meeting to be held on June 27, 2024, to consider and...

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