June 19, 2024 – Page 7 – Goldea Capital

Borregaard ASA: Borregaard invests further into Alginor

Written by Customer Service on June 19, 2024. Posted in Public Companies.

Borregaard has participated with its fully diluted pro-rata share (35%) in the NOK 400 million capital raise in the marine biotech company Alginor to fund the next step of the biorefinery expansion. The funds from Borregaard were pre-committed. In aggregate the committed investments into Alginor from Borregaard will now total approximately NOK 408 million. Alginor intends to carry out a repair offering directed towards existing shareholders and potential new shareholders. A subsequent offering towards Borregaard will be made to ensure that Borregaard retains its 35% fully diluted ownership in Alginor. For more information about Alginor and the capital raise, see https://alginor.no/.   Contact: Director Investor Relations, Knut-Harald Bakke, +47 905 79 164 This information is subject to the disclosure requirements pursuant to Section...

KPN announces results of its Tender Offer

Written by Customer Service on June 19, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT Introduction On 11 June 2024, Koninklijke KPN N.V. (“KPN”) announced an Any and All Debt Tender Offer to holders of its outstanding € 500m Perpetual Fixed Rate Resettable Capital Securities (ISIN: XS2069101868) (the “Securities”) to tender their Securities for purchase by KPN for cash (the “Offer”). The purpose of this transaction is to proactively manage KPN’s layer of hybrid capital and optimize its ongoing interest costs. Final resultsToday, KPN announces the results of the Offer. The Offer was made on the terms and subject to the conditions contained in the Tender Offer Memorandum dated 11 June 2024 (the “Tender Offer Memorandum”)...

DNO Racks Up Discoveries in its Offshore Norway Core Area

Written by Customer Service on June 19, 2024. Posted in Public Companies.

Oslo, 19 June 2024 – DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Cuvette prospect in the Norwegian North Sea licenses PL248F and PL248GS in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20 percent interest. Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 16-38 million barrels of oil equivalent (MMboe) with a mean of 25 MMboe, well above predrill estimates. Just over half of the resources were encountered in the Middle Jurassic primary target, and the balance in the Upper Jurassic secondary target. Cuvette is DNO’s eighth discovery in the highly prolific area surrounding the Troll and Gjøa production hubs since 2021. The other discoveries are Røver Nord, Kveikje, Ofelia, Røver Sør, Heisenberg, Carmen and Kyrre, all close to...

Verisk Estimates Industry Insured Losses from Flooding in Southern Germany to Range from EUR 2.4 Billion to EUR 3.6 Billion (USD 2.6 Billion to USD 3.9 Billion)

Written by Customer Service on June 19, 2024. Posted in Public Companies.

A relatively high proportion of the overall losses for this event are likely to be insured, owing to the high insurance take up for the flood peril BOSTON, June 19, 2024 (GLOBE NEWSWIRE) — The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses from flooding in Southern Germany from May 15 to June 5 will range from EUR 2.4 billion (USD 2.6 billion) to EUR 3.6 billion (USD 3.9 billion). Between Friday, May 31 at noon CET and Monday, June 3 at noon CET, 120 to 160 liters of rain fell per square meter across southern Germany, which is more than what usually falls in a month, according to Sebastian Altnau, a meteorologist with the German Weather Office. The main flooding occurred along parts of the upper Danube River, as well as several...

TomTom supports BMW Motorrad’s global lineup with innovative navigation

Written by Customer Service on June 19, 2024. Posted in Public Companies.

TomTom supports BMW Motorrad’s global lineup with innovative navigation TomTom supports BMW Motorrad’s globallineup with innovative navigation AMSTERDAM, June 19, 2024 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, today announced it will deliver its full navigation stack to BMW Motorrad’s global lineup. Leveraging TomTom’s maps, navigation, and real-time traffic, BMW Motorrad’s new lineup provides riders with an innovative built-in navigation experience. The new solution can also be accessed via a dedicated mobile app, available globally on both Android and iOS. With the extended collaboration, BMW Motorrad riders get safe, at-a-glance access to the information most relevant to them through the handlebar display and BMW Motorrad Connected App. The new solution provides riders with turn-by-turn...

Marelli selects TomTom to enhance in-vehicle infotainment solutions

Written by Customer Service on June 19, 2024. Posted in Public Companies.

Marelli selects TomTom to enhance in-vehicle infotainment solutions Marelli selects TomTom to enhance in-vehicle infotainment solutions TomTom’s Digital Cockpit SDK will be pre-integrated into Marelli’s LeanConnect platform that supports automakers globally. Combining TomTom’s Digital Cockpit SDK with Marelli’s expertise in hardware design, manufacturing, and integration will provide automakers with an affordable solution that reduces time-to-market and delivers dynamic vehicle personalization options. AMSTERDAM, June 19, 2024 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, today announced it will join forces with Marelli, a leading mobility technology supplier to the automotive sector, to offer enhanced in-vehicle infotainment solutions to automakers worldwide. Marelli’s “Lean” platforms enhance...

Quadient new strategic plan “Elevate to 2030” aims at delivering more than €1bn of annual subscription-related revenue and €250m of current EBIT in 2030

Written by Customer Service on June 19, 2024. Posted in Public Companies.

Quadient new strategic plan “Elevate to 2030” aims at delivering more than €1bn of annual subscription-related revenue and €250m of current EBIT in 2030 Key highlights >€1bn annual subscription-related revenue as financial ambition for 2030, a €250m+ increase vs 2023 level, and c.€250m in current EBIT, a €100m increase vs 2023 level Total revenue to reach €1.3bn in 2030 driven by double-digit growth in both Digital and Lockers and a resilient Mail automation platform All Solutions to converge to a 20%-30% EBITDA margin range by 2030 Committed to reaching a Net Zero target by 2050, in line with SBTi methodology With a more customer-centric platform, Quadient aims to continue to lead in Mail and win both in Digital and in Lockers with a focus on delivering sustainable and profitable recurring revenue growth Financial guidance for the next...

B2Gold Announces Positive Preliminary Economic Assessment Results for the Gramalote Project; After-Tax NPV (5%) of $778 Million with an After-Tax IRR of 20.6%

Written by Customer Service on June 19, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the results of a positive Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 (“NI 43-101”) on its 100% owned Gramalote gold project located in the Department of Antioquia, Colombia (the “Gramalote Project”). All dollar figures are in United States dollars unless otherwise indicated. Highlights Significant gold production profile with low-cost structure and favorable metallurgical characteristics Open pit gold mine with an initial life of mine of 10 years, with mill processing over 12.5 years (“Life of Project”) Average grade processed of 1.26 grams per tonne (“g/t”) gold over the first five years, benefitting from the...

Magnite’s SpringServe Powering Video Advertising for YTV in Japan

Written by Customer Service on June 19, 2024. Posted in Public Companies.

Implementation of SpringServe has helped YTV achieve revenue uplift and maximize operational efficiencies TOKYO, June 19, 2024 (GLOBE NEWSWIRE) — Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, announced that its SpringServe ad serving technology is powering video advertising on Yomiuri Telecasting Corporation’s (YTV) on demand services, ytv MyDo! and TVer. Implementing SpringServe technology has helped YTV and ytv media design achieve revenue uplift and maximize operational efficiencies. SpringServe’s sophisticated ad serving and inventory management capabilities help publishers streamline monetization to capture the full value of their inventory, while ensuring high quality ad experiences. Working with SpringServe enables YTV to help deliver premium video advertising experiences across ytv MyDo!...

DayDayCook Names Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating Officer

Written by Customer Service on June 19, 2024. Posted in Public Companies.

Addition of proven executive in building global food brands positions DDC for rapid growth and expansion NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) — DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading content-driven food consumer brand, today announced that Malik Sadiq has been named Chief Operating Officer, effective immediately. Mr. Sadiq will spearhead the integration and growth of DayDayCook’s brands globally, including the recent additions of Noma Lin, Yai’s Thai and Omsom. “Malik joins the DayDayCook leadership team at an important and exciting time as we recently completed our third Asian foods acquisition in the U.S.,” said Norma Chu, DayDayCook’s Founder and CEO. “Malik brings unique experience of driving growth and operational efficiency — both organically and through M&A –...

Day: June 19, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice