Day: July 10, 2024

Grupo Aeroportuario del Pacífico Announces Credit Line Refinancing for Ps. 1.0 Billion

GUADALAJARA, Mexico, July 10, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that it completed the refinancing of the credit facility that matured today with Banco Nacional de México, S.A., (“Citibanamex”) for Ps. 1.0 billion, extending the maturity by 12 additional months. The interest will be payable monthly at a variable rate of TIIE-28 plus 18 basis points, without fees, and principal payment on July 10, 2025. Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes,...

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Goodfellow Reports Its Results for the Second Quarter Ended May 31, 2024

DELSON, Quebec, July 10, 2024 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the second quarter ended May 31, 2024. The Company reported net earnings of $5.3 million or $0.62 per share compared to net earnings of $6.6 million or $0.77 per share a year ago. Consolidated sales for the three months ended May 31, 2024 were $140.3 million compared to $142.3 million last year. For the six months ended May 31, 2024, the Company reported net earnings of $5.2 million or $0.61 per share compared to net earnings of $6.4 million or $0.75 per share a year ago, while consolidated sales were $245.7 million compared to $248.3 million last year. Goodfellow continues to navigate a broader economic landscape characterized by low consumer confidence and sluggish new housing starts....

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HII Hosts Assistant Secretary of the Navy at Ingalls Shipbuilding

PASCAGOULA, Miss., July 10, 2024 (GLOBE NEWSWIRE) — HII (NYSE: HII) hosted Assistant Secretary of the Navy for Research, Development and Acquisition Nickolas Guertin at its Ingalls Shipbuilding division today. While at Ingalls, Secretary Guertin met with shipbuilders, leadership and received an update on ships under construction and modernization during his tour of the shipyard. “Visiting Ingalls Shipbuilding today is a powerful reminder of the dedicated craftsmanship and unwavering commitment that our industry partners provide in sustaining our naval forces. I am excited to see these ships join the fleet and become an integral part of the Navy during this decisive decade.” Photos accompanying this release are available at: https://hii.com/news/hii-hosts-assistant-secretary-of-the-navy-at-ingalls-shipbuilding/. During the visit,...

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Q-Gold Announces Filing of NI 43-101 Technical Report for Mine Centre

TORONTO, July 10, 2024 (GLOBE NEWSWIRE) — Q-Gold Resources Ltd (TSXV: QGR, OTC: QGLDF, FRA: QX9G) (“Q-Gold” or the “Company”) is pleased to announce that it has filed on SEDAR+ a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“) compliant, independent technical report (the “Report“) on its wholly-owned Mine Centre Property located in Ontario, Canada (the “Project”). The Report includes the exploration work undertaken during the last three years by the Company at the Project. The report includes an airborne magnetic survey, a LIDAR survey covering all claims at the Project and two phases of drilling aiming at the strike and dip extensions of the gold-bearing veins which were previously mined at the Foley Mine. As the Project is a grass roots stage exploration project,...

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Teck to Release Second Quarter 2024 Results on July 24, 2024

VANCOUVER, British Columbia, July 10, 2024 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its second quarter 2024 earnings results before market open on Wednesday, July 24, 2024. A webcast to review the results will be held as follows: Date: Wednesday, July 24, 2024 Time: 8:00 a.m. PT / 11:00 a.m. ET Listen-Only Webcast: here Dial In for Investor & Analyst Q&A: 647.484.8814 or 1.844.763.8274    Quote “Teck Resources”, to join the call Alternate, pre-register to the call for Q&A: registration link An archive of the webcast will be available at teck.com within 24 hours. About TeckTeck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class...

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Avicanna Announces Results of Annual General Meeting & Provides Corporate Update

TORONTO, July 10, 2024 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce that all of management’s nominees listed in the Company’s Management Information Circular dated May 31, 2024 (“Circular”) were elected as directors of the Company at the Company’s Annual General Meeting of Shareholders held on July 10, 2024 (“Meeting”). The detailed results of the vote for the election of directors held at the Meeting are as follows: Name ofNOMINEE # Votes CastFOR % Votes CastFOR # VotesWITHHELD % VotesWITHHELD Aras Azadian 17,347,064 99.99% 2,019 0.01% Giancarlo Davila Char 17,320,064 99.83% 29,019 0.17% Paul Fornazzari 17,321,064 99.84% 28,019 0.16% Eileen...

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Novo Nordisk receives Complete Response Letter in the US for once-weekly basal insulin icodec

Bagsværd, Denmark, 10 July 2024 – Novo Nordisk today announced that the US Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) covering the Biologics License Application for once-weekly basal insulin icodec for the treatment of diabetes mellitus. In the letter, the FDA has requests related to the manufacturing process and the type 1 diabetes indication before the review of the application can be completed. Novo Nordisk is evaluating the content of the CRL and will work closely with the FDA to fulfil the requests. Novo Nordisk does not expect to be able to fulfil the requests during 2024. ‘We believe in the potential of once-weekly basal insulin icodec for those living with diabetes who require basal insulin therapy,” said Martin Lange, executive vice president for Development at Novo Nordisk. “We will work closely...

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K92 Mining Announces Strong Q2 Production Results – Record Quarterly Copper Recoveries and Strong Gold Recoveries

Quarterly production of 24,347 ounces gold equivalent (“AuEq”)(1) or 21,661 oz gold, 1,246,639 lbs copper and 26,754 oz silver, and quarterly sales of 19,064 oz gold, 898,578 lbs copper and 18,467 oz silver. As previously announced, production for the quarter was impacted by the temporary suspension of underground operations for approximately a month resulting from a Form 29 issued by the Mineral Resources Authority of Papua New Guinea after a non-industrial fatal incident occurred on site (see March 19 and April 8, 2024 press releases), which significantly impacted April production as underground operations re-ramped up and processing stockpiles were rebuilt. K92 expects operations in the second half of the year to be significantly stronger than the first half, reiterating 2024 operational guidance of 120,000 to 140,000 oz and AuEq...

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Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2024 Financial Results

TORONTO, July 10, 2024 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced financial results for the second quarter of 2024. Second quarter bookings of $58.7M were up 46% over Q2 2023. Second quarter revenues of $38.8M were up 14% over Q2 2023. FTG achieved Adjusted Net Earnings in Q2 2024 of $2.6M, which was up 13% over Q2 2023. FTG achieved second-quarter Adjusted EBITDA of $6.5M, which was up 25% over Q2 2023. FTG achieved Free Cash Flow of $2.0M in Q2 2024, an increase of $2.4M over Q2 2023. Business Highlights During Q2 2024, the Corporation has continued to invest in technology in existing sites, grow the business organically, and integrate the two acquisitions completed last year. FTG is strategically deploying its capital in ways that will drive increased shareholder returns for the future...

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Century Applauds Biden Administration for Actions to Address Unfair Trade from Mexico

CHICAGO, July 10, 2024 (GLOBE NEWSWIRE) — Century Aluminum applauds the Administration’s decision to toughen the rules on aluminum imports from Mexico. The introduction of the “smelted and cast” provision is an important first step in curbing aluminum transshipments and unfair trade from 3rd party countries entering through Mexico.  Going forward, aluminum that was smelted and cast in Russia, China, Iran and Belarus and converted into products in Mexico will be subject to the 10% Section 232 duty. “We are thankful for President Biden’s continued support for the domestic aluminum industry. Aluminum is a key enabler of the green energy transition and a critical material for emerging green industries and our national defense. Today’s decision helps protect the industry and American workers,” said CEO Jesse Gary. The United States...

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