Month: May 2024

Revival Gold Announces Closing of Previously Announced Brokered Equity Financing and Update on Ensign Acquisition

Written by Customer Service on May 2, 2024. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 02, 2024 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”) is pleased to announce the successful completion of its previously announced brokered private placement for gross proceeds of $7,167,464 (the “Offering”). The Offering was co-led by Paradigm Capital Inc. and BMO Capital Markets, on behalf of a syndicate of agents, which included Beacon Securities Limited (the “Agents”). The Offering was completed in connection with the proposed acquisition by the Company of all the issued and outstanding shares of Ensign Minerals Inc. (“Ensign”) pursuant to a three-cornered amalgamation (the “Transaction”) between the Company, Ensign, and Revival Gold Amalgamation Corp. (“Revival...

Eik fasteignafélag hf.: Interim results for the first three months of 2024

Written by Customer Service on May 2, 2024. Posted in Earnings Releases And Operating Results.

The Interim Consolidated Financial Statements of Eik fasteignafélag hf. for the period 1 January to 31 March 2024 were approved by the Company’s Board of Directors and CEO on 2 May 2024 The main results are as follows:Income from operations amounted to ISK 2,709 millionThereof, rental income amounted to ISK 2,365 millionEBITDA amounted to ISK 1,700 million Total profit amounted to ISK 2,051 million. Net cash from operations amounted to ISK 1,011 million. The book value of investment properties amounted to ISK 135,656 million. The book value of assets for own use amounted to ISK 5,956 million Change in value of investment properties amounted to ISK 2,734 million. Cash and cash equivalents amounted to ISK 1,623 million. Interest-bearing debt amounted to ISK 77,191 million. Equity ratio was 35.0%. Profit per share was ISK 0.6. Economic...

CPP Announces Acquisition of Canoga Park Apartments in Los Angeles, California

Written by Customer Service on May 2, 2024. Posted in Mergers And Acquisitions.

The 14-unit property will preserve affordable housing for residents of Canoga Park neighborhood LOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) — CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Canoga Park Apartments, an affordable housing development in Los Angeles, Calif. This is the fifth community in the greater Los Angeles area for CPP and the 60th in the state.Built in 1983, Canoga Park Apartments is comprised of 14 walk-up units across three stories, the first of which is tuck-under parking. Located at 6824 Winnetka Ave in the Canoga Park neighborhood of Los Angeles, the 14-unit development consists of 12-two-bedroom units and 2-three-bedroom apartments designated for individuals and families earning 60 percent of the...

Kvika banki hf.: Financial Results for Q1 2024

Written by Customer Service on May 2, 2024. Posted in Earnings Releases And Operating Results.

At a board meeting on 2 May 2024, the Board of Directors and the CEO approved the interim financial statements of the Kvika banki hf. (“Kvika” or “the bank”) group for the period 1 January to 31 March 2024. In Kvika’s financial statements for the period the insurance subsidiary TM tryggingar hf. (“TM”) is classified as held for sale. As a result, and in accordance with international financial reporting standards, the Group reports income from its insurance operations in a single line in the consolidated income statement as profit after tax from discontinued operations. The comparative figures of operations from 2023 have been restated accordingly. Highlights of the 3M 2024 Interim Financial Statements:Pre-tax profit, excluding TM insurance, amounted to ISK 1,215 million in Q1 2024, compared to ISK 895 million in Q1 2023 and increases...

Scandinavian Tobacco Group reports first quarter 2024 results and maintains full-year guidance

Written by Customer Service on May 2, 2024. Posted in Earnings Releases And Operating Results.

Company Announcement No. 24/2024 Copenhagen, 2 May 2024 Interim report, 1 January – 31 March 2024 Scandinavian Tobacco Group reports first quarter 2024 results and maintains full-year guidance For the first quarter of 2024 Scandinavian Tobacco Group delivered a 1% decrease in reported net sales by DKK 1.9 billion with an EBITDA margin before special items at 17.2%. Net sales decreased 2% organically. Organic net sales growth in Handmade Cigars and Next Generation Oral was offset by decline in machine-rolled cigars & smoking tobacco. The EBITDA margin is impacted by declining volumes in a seasonally small quarter, mix changes and investments in growth. In the second quarter, the Group is expected to deliver organic net sales...

Alpine Banks of Colorado announces financial results for first quarter 2024

Written by Customer Service on May 2, 2024. Posted in Earnings Releases And Operating Results.

GLENWOOD SPRINGS, Colo., May 02, 2024 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the quarter ended March 31, 2024. The Company reported net income of $10.6 million, or $98.32 per basic Class A common share and $0.66 per basic Class B common share, for first quarter 2024. Highlights in first quarter 2024 include:Basic earnings per Class A common share decreased 3.9%, or $3.94, during first quarter 2024. Basic earnings per Class A common share decreased 45.5%, or $82.06 compared to first quarter 2023. Basic earnings per Class B common share decreased 3.9%, or $0.02, during first quarter 2024. Basic earnings per Class B common share decreased 45.5%, or $0.55 compared to first quarter 2023. Net interest...

Genmab Announces Financial Results for the First Quarter of 2024

Written by Customer Service on May 2, 2024. Posted in Earnings Releases And Operating Results.

May 2, 2024 Copenhagen, Denmark; Interim Report for the First Quarter Ended March 31, 2024 HighlightsThe U.S. Food and Drug Administration (U.S. FDA) granted Priority Review for the supplemental Biologics License Application (sBLA) for EPKINLY® (epcoritamab-bysp) for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL) after two or more lines of systemic therapy, with a Prescription Drug User Fee Act (PDUFA) target action date of June 28, 2024 An additional Phase 3 clinical trial was initiated, evaluating epcoritamab in combination with rituximab and lenalidomide compared to chemoimmunotherapy in previously untreated follicular lymphoma The U.S. FDA accepted for Priority Review the sBLA seeking to convert the accelerated approval of Tivdak® (tisotumab vedotin-tftv) to full approval, for the treatment...

IZEA Introduces Astra Generative Image Model in FormAI

Written by Customer Service on May 2, 2024. Posted in Public Companies.

New Model Offers Enhanced Performance in Multi-Subject PromptsIZEA Introduces Astra Generative Image Model in FormAINew Model Offers Enhanced Performance in Multi-Subject PromptsORLANDO, Fla., May 02, 2024 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of technology, data, and services for the Creator Economy, today announced the launch of Astra, the latest generative image model available in FormAI, its suite of artificial intelligence tools built specifically for influencer marketing. FormAI users can access a wide array of AI capabilities that tap into the best of Stable Diffusion, OpenAI and other technologies for free, with the option to upgrade for additional features and content volume. Astra offers the ability to generate higher-quality text within an AI image and has enhanced spelling...

Subsea 7 S.A. 2024 Annual General Meeting

Written by Customer Service on May 2, 2024. Posted in Public Companies.

Luxembourg – 2 May 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, the Company) today announced that, at the 2024 annual general meeting of shareholders on 2 May 2024, all resolutions were approved, including the payment of a dividend of NOK 6.00 per common share, to be paid in two equal instalments. The minutes of the annual general meeting which detail the resolutions passed and the result of the votes cast in relation to each resolution are attached and available at subsea7.com. *******************************************************************************Subsea7 creates sustainable value by delivering the offshore energy transition solutions the world needs. Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ******************************************************************************* Contact...

Thumzup® to Support Westside Classics Car Club Cinco de Mayo Fiesta in Venice Beach, CA, on May 5, 2024

Written by Customer Service on May 2, 2024. Posted in Public Companies.

Thumzup Media CorporationThumzup® to Support Westside Classics Car Club Cinco de Mayo Fiesta in Venice Beach, CALos Angeles, CA , May 02, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is thrilled to announce it will exhibit and support the Westside Classics Car Club Cinco de Mayo Fiesta in Venice Beach, CA on May 5, 2024, from 9:00 AM to 4:00 PM PT. Presented in collaboration with the Venice Recreation Center, the event welcomes community members and car enthusiasts to celebrate the beauty and history of classic cars against the backdrop of iconic Venice Beach scenery. “Thumzup is committed to empowering our community’s local creative minds and go-getters, and we’re excited to witness their success,” commented Robert Steele, Chief Executive Officer of Thumzup. “We want Venice...

Month: May 2024

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