Month: June 2024

MALVERN, Pa., June 18, 2024 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today announced that the company has received a 2023 Supply Chain Excellence Award from Continental Automotive (Changchun) Co., Ltd, the R&D and production site of Continental AG, a Fortune 500 company, in Changchun. The award recognizes Vishay’s outstanding contributions to Continental Automotive (Changchun), in particular its fast response times and high quality service, with the flexibility to adapt to urgent order changes. Continental Automotive (Changchun) researches, develops, and manufactures automotive electronic components for the Internet of Vehicles (IoV), smart mobility, safety systems, and more. The site’s customers include nearly all the Tier-1 OEMs in China, and it exports products to more than 20 countries and regions. “Receiving...

Brazil is the 9th largest economy in the world with more than 21 million people suffering from chronic back pain An estimated 4-5 million epidural anesthesia procedures are performed annually in Brazil; potential to expand this addressable market due to CompuFlo’s technological advantages ROSELAND, N.J., June 18, 2024 (GLOBE NEWSWIRE) — Milestone Scientific Inc. (NYSE: MLSS), a leading developer of computerized drug delivery instruments that provide painless and precise injections, announces that it has received regulatory approval from Brazil’s National Health Surveillance Agency (ANVISA) to market and sell its CompuFlo® Epidural System in Brazil. The approval includes the lumbar, thoracic, and cervical-thoracic junction of the spine. The CompuFlo® Epidural System, known for its ability to significantly reduce the morbidity...

Western has Secured Agreements in Aggregate to Purchase 98.4% of the Total Shares Outstanding in Fortress Conditional Upon the Successful Completion of the Transaction CALGARY, Alberta, June 18, 2024 (GLOBE NEWSWIRE) — SM2 Holdings Ltd. (“SM2 Capital”), the founder of Fortress Insurance Company, has made the strategic decision to sells its entire 28.45% stake in Fortress Insurance Company (“Fortress”) valued at $5.2 million to The Western Investment Company of Canada Limited (TSXV: WI) (“Western”) upon close of the proposed transaction previously announced on March 22, 2024 (the “Transaction”). SM2 Capital will receive the vast majority of its compensation as shares in Western representing up to 19% of the single voting common shares outstanding in Western at the close of the Transaction, with the remaining compensation settled...

VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) — Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) is pleased to announce that its innovative anti-aging ingredient, GlycoProteMim™, has been featured in Stonegate Healthcare’s newly published research report, “Novel Treatments for Age-Related Skin Problems.” The report provides an in-depth analysis of the latest advancements in the $12.5 billion anti-aging skincare market. The research highlights GlycoProteMim alongside other prominent active ingredients such as OneSkin’s OS-01, Sisley Paris’ Soy Peptides, SK-II’s Pitera™, and SkinMedica’s TNS Advanced Serum. GlycoProteMim is recognized for its unique approach to skin rejuvenation, addressing both surface-level appearance and underlying cellular mechanisms, making...

18 JUNE 2024 NORTHERN 3 VCT PLC ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Northern 3 VCT PLC is a Venture Capital Trust (VCT) managed by Mercia Fund Management Limited. It invests mainly in unquoted venture capital holdings and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth. Financial highlights (comparative figures as at 31 March 2023):    Year ended Year ended    31 March 31 March    2024 2023       Net assets   £122.5m £113.0m       Net asset value per share   89.3p 91.6p       Return per share      Revenue   1.1p (0.1)pCapital   1.1p (1.5)pTotal   2.2p (1.6)p       Dividend per share declared in respect of the period      Interim dividend   2.0p 2.0pProposed final dividend   2.2p 2.5pTotal   4.2p...

18 JUNE 2024 NORTHERN VENTURE TRUST PLC ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Northern Venture Trust PLC is a Venture Capital Trust (VCT) advised by Mercia Fund Management Limited. The trust was one of the first VCTs launched on the London Stock Exchange in 1995. It invests mainly in unquoted venture capital holdings and aims to provide high long-term tax-free returns to shareholders through a combination of dividend yield and capital growth. Financial highlights (comparative figures as at 31 March 2023):    12m period ended Unaudited 12m period ended 18m period ended    31 March 31 March 31 March    2024 2023 2023         Net assets   £114.8m £102.5m £102.5m         Net asset value per share   60.3p 62.1p 62.1p         Return per share        Revenue   0.6p (0.3)p (0.3)pCapital   1.2p (2.1)p (5.7)pTotal   1.8p (2.4)p (6.0)p         Dividend...

18 JUNE 2024 NORTHERN 2 VCT PLC ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2024 Northern 2 VCT PLC is a Venture Capital Trust (VCT) managed by Mercia Fund Management Limited. It invests mainly in unquoted venture capital holdings in growing UK companies and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth. Financial highlights (comparative figures as at 31 March 2023):    Year ended Year ended    31 March 31 March    2024 2023       Net assets   £119.5m £109.6m       Net asset value per share 57.3p 59.0p       Return per share      Revenue   0.8p (0.2)pCapital   0.6p (1.7)pTotal   1.4p (1.9)p       Dividend per share declared in respect of the period    Interim dividend   1.8p 2.0pProposed final dividend 1.2p...

Brokate will join 21Shares as Head of the U.S. Business as U.S. investors continue to express interest in and excitement for crypto-asset exchange traded funds (ETFs) New York, June 18, 2024 – 21Shares US LLC (“21Shares”), an affiliate of 21Shares AG, one of the world’s largest issuers of crypto exchange traded funds (ETFs), today announced the appointment of Federico Brokate as VP, Head of U.S. Business to support the expansion of 21Shares’ U.S. market presence. The appointment of Mr. Brokate coincides with the continued growth of 21Shares’ U.S. business, which now includes a lineup of six total crypto-asset ETFs, over $3.2bn in assets under management and nearly 50 full-time employees.Mr. Brokate most recently served as Director of America’s iShares Business Strategy for BlackRock where he developed and executed iShares’...