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Month: May 2024

26/2024・Trifork revises the financial guidance for 2024

Company announcement no. 26/ 2024 Schindellegi, Switzerland – 28 May 2024Trifork revises the financial guidance for 2024 Based on updated forecasts for the remaining part of 2024 from Trifork Group companies, Trifork revises the full-year 2024 guidance as follows:Revenue is expected to be EURm 220-230 (previously EURm 230-240). Trifork Segment adjusted EBITDA is expected to be EURm 34-38 (previously EURm 38-42). Group EBIT is expected to be EURm 17-21 (previously EURm 21.5-25.5).The guidance revision is due to a persistently slow business environment with extended decision-making cycles amongst both private and public customers. Our expectation of increased activity from Danish public sector customers in 2024 – concerning opportunities relevant for Trifork – has not yet been realized in the first five months. The new guidance does...

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Santhera Publishes Annual Report 2023

Ad hoc announcement pursuant to Art. 53 LR Pratteln, Switzerland, May 28, 2024 – Santhera Pharmaceuticals (SIX: SANN) announces the publication of its Annual Report 2023 with fully audited results for the year ended December 31, 2023. Santhera’s Annual Report 2023 provides comprehensive and detailed information on the Company, its strategy, business, financial performance, governance and compensation in 2023, and confirms the preliminary unaudited 2023 annual results which were published on April 25, 2024. The Annual Report 2023 is available for download on the Company’s website at www.santhera.com/financial-reports. Corporate calendarJune 18, 2024        Annual General Meeting About SantheraSanthera Pharmaceuticals (SIX: SANN) is a Swiss specialty pharmaceutical company focused on the development and commercialization of innovative...

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TRILLION ENERGY PROVIDES UPDATE ON NON-BROKERED PRIVATE PLACEMENT

Vancouver, B.C., May 27, 2024 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company“) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) wishes to provide an update to its previously announced non-brokered private placement of up to 15,000,000. The Company is upsizing the private place to 20,000,000 units of Trillion (the “Units“) at a price of $0.09 per Unit, for aggregate gross proceeds of up to a maximum of $1,800,000 (the “Offering“), with each Unit comprised of one common share of the Company (“Common Share“) and one share purchase warrant (“Warrant“), each Warrant exercisable at a price of $0.18 per share for a period of two years from issuance (please see the Company’s news release dated May 23, 2024 for further details). Except...

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Trans Global Group Inc. Reaffirms Merger and Acquisition Relationship with China Hanjiang New Energy Holdings

Shenzhen, China, May 27, 2024 (GLOBE NEWSWIRE) — Trans Global Group Inc. reaffirmed its global strategic cooperation and partial equity merger and acquisition relationship with China Hanjiang New Energy Holdings Co., Ltd. China Hanjiang New Energy Holdings Co., Ltd., through its wholly-owned subsidiary in China, Shaanxi Ankang Hanjiang New Energy Technology Co., Ltd., is the only company in the southern region of Shaanxi Province that has obtained qualifications for the production, research and development, and sales of methanol fuel. The company’s methanol fuel filling station is the first methanol fuel secondary station in the country to be constructed and managed in accordance with “Two Standards.” The station is equipped with an automated methanol fuel blending facility with a capacity of 200 cubic meters...

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BHP and Rio Tinto collaborate on battery-electric haul truck trials in the Pilbara

PERTH, Australia, May 28, 2024 (GLOBE NEWSWIRE) — In an industry first, BHP and Rio Tinto will collaborate on the testing of large battery-electric haul truck technology in the Pilbara, Western Australia, to accelerate the potential for its future deployment. The two companies will work with manufacturers Caterpillar and Komatsu to conduct independent trials of their battery-electric haul trucks, including testing of battery, static and dynamic charging systems, to assess performance and productivity in the Pilbara environment. The collaboration reflects the individual commitments made by BHP, Rio Tinto, Caterpillar and Komatsu to support BHP’s and Rio Tinto’s shared ambition of net zero operational greenhouse gas emissions by 2050. As part of the collaboration, two CAT 793 haul trucks will be trialled from the second half of 2024,...

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ABN AMRO announces the acquisition of Hauck Aufhäuser Lampe, strengthening top 3 position in wealth management in Germany

ABN AMRO announces the acquisition of Hauck Aufhäuser Lampe, strengthening top 3 position in wealth management in Germany Today, ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (“HAL”), a leading German private bank. With the acquisition of HAL, Bethmann Bank – ABN AMRO’s private banking arm in Germany – will become one of the largest providers of banking services for wealthy private clients, family businesses and institutional clients in Germany. The subsidiaries of HAL that provide AIFM/Manco and Fund Administration services will not be part of the acquisition. These entities and HAL have closed a co-operation agreement to continue offering the successful One-Stop-Shop service offering in the market. Robert Swaak, CEO of ABN AMRO said: “This is a rare opportunity to add...

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TransAlta Renews Normal Course Issuer Bid

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”). Pursuant to the NCIB, TransAlta may repurchase up to a maximum of 14,000,000 Common Shares, representing approximately 4.6% of the 303,256,652 Common Shares issued and outstanding as at May 27, 2024. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading systems on which the Common Shares are traded, based on the prevailing market price. Any Common Shares purchased under the NCIB will be cancelled. Transactions under the NCIB will depend on future...

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Eguana Announces 2023 Annual Financial Results

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) (“Eguana” or the “Company”), a leading provider of high-performance energy storage systems, announces its annual financial results for the year ended December 31, 2023. Fiscal 2023 Summary Results The Company’s year-end was previously changed from September 30 to December 31. Consequently, the financial statements for the twelve-month period ended December 31, 2023 (“F2023”), are being presented with comparative information for the fifteen-month year ended December 31, 2022 (“F2022”).Sales decreased 32.1% to $11,458,590 in F2023 in comparison to $16,826,875 in F2022. On a simple 12 month prorated basis, F2022 would equate to $13,461,500, or a normalized 15% decrease. In early 2023, the solar industry was negatively impacted by...

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Western Investment Company Reports Financial Results for the First Quarter of 2024

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (TSXV: WI) (“Western” or the “Corporation”) today reported its financial and operating results for the three months ended March 31, 2024. The interim financial statements and management’s discussion and analysis have been filed on SEDAR+. Unless otherwise indicated, financial figures are expressed in Canadian dollars and comparisons are to the prior period ended March 31, 2023. The first quarter is generally slow for Western’s associate companies (“Associates”) that are seasonal, often leading to an equity loss which is completely in-line with expectations. Last year was an unusual exception in large part due to Western’s share of the $1.1 million one-time gain recognized on the sale of the Foothills Creamery warehouse in Kelowna....

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ThreeD Capital Inc. Releases Results for the Three and Nine Months Ended March 31, 2024

TORONTO, May 27, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2024. As at March 31, 2024, the Company had cash, investments and digital assets of $49.7 million. As at March 31, 2024, net asset value per share was $0.89 as compared to $0.79 as at June 30, 2023. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three and nine months ending March 31, 2024 with comparatives:Operating Results Three months endedMarch 31, Nine months endedMarch 31,    2024     2023     2024     2023  Net investment...

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