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Day: July 11, 2024

MAG Provides Update on Silver King Fire In Piute County, Central Utah

VANCOUVER, British Columbia, July 11, 2024 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports that its Deer Trail Project in central Utah is being affected by the Silver King Fire in Piute County. In an abundance of caution, exploration operations at the Deer Trail Project have been temporarily paused, with all personnel safe and the Deer Trail site secure. MAG will continue to carefully monitor the situation and comply with all local directives. The Company does not expect this temporary pause in operations to have a material impact on the business. About MAG Silver Corp. (www.magsilver.com) MAG Silver Corp. is a growth-oriented Canadian mining and exploration company focused on advancing high-grade, district scale precious metals projects in the Americas. MAG Silver is a top-tier primary...

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Reliance, Inc. to Announce Second Quarter 2024 Results on Thursday, July 25th

SCOTTSDALE, Ariz., July 11, 2024 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE:RS) announced today that it will report second quarter 2024 financial results for the period ended June 30, 2024, on Thursday, July 25, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company’s website at reliance.com.   Reliance, Inc. Second Quarter 2024 Conference Call Details     DATE: Thursday, July 25, 2024     TIME: 8:00 a.m. Pacific Time10:00 a.m. Central Time11:00 a.m. Eastern Time     DIAL-IN: (877) 407-0792 (U.S. and Canada)(201) 689-8263 (International)     CONFERENCE ID: 13747336     WEBCAST: https://viavid.webcasts.com/starthere.jsp?ei=1677482&tp_key=500744a3c6     For...

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Chart Industries Named Winner of Frost & Sullivan Institute’s Enlightened Growth Leadership Best Practices Awards

ATLANTA, July 11, 2024 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, has been named a winner of the 2024 Enlightened Growth Leadership Best Practices Awards. This prestigious accolade honors companies that have successfully integrated sustainable practices into their business models, leading the way in both innovation and social responsibility. This year’s winners have shown outstanding leadership in sustainability, from minimizing carbon footprints and championing renewable energy to advancing health care and ensuring responsible resource use. Their efforts reflect a deep commitment to creating a sustainable and equitable world. The selection process for these prestigious awards involves a rigorous evaluation using a proprietary...

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Carbon Revolution Secures Further Release of $5 Million from OIC as Company Hits Financing Milestones

GEELONG, Australia, July 11, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has satisfied certain reserve release conditions and received US$5 million of the escrowed US$35 million facility, of which, as a result of this most recent release, $20 million has been released. In connection with the release the Company issued to OIC a warrant to purchase a number of shares equal to 2.5% of the Company’s shares outstanding. Proceeds from the OIC investment will continue to fund the company as it works to satisfy the growing demand from Carbon Revolution’s OEM customers. The Company is making substantial investments in capacity and throughput and has been producing...

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NKT announces preliminary Q2 2024 financial figures and updates financial outlook for 2024

Company Announcement 11 July 2024 Announcement No. 20 NKT announces preliminary Q2 2024 financial figures and updates financial outlook for 2024 NKT provides preliminary financial figures for Q2 2024 and updates the financial outlook for 2024 following a positive performance in the first half of the year. NKT President and CEO Claes Westerlind says:         – Preliminary financial figures for Q2 2024 demonstrate a strong first half of the year with continued high revenue growth and increased operational EBITDA. We are satisfied with the financial performance and continue to execute on our high-voltage order backlog, as well as ongoing investments across business lines. Q2 2024: Preliminary financial figures The preliminary revenues (std. metal prices) for Q2 2024 are EUR 605m (EUR 468m in Q2 2023) and preliminary operational EBITDA...

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Iveco Group N.V. to present its 2024 Second Quarter Results on 24th July 2024

Turin, 11th July 2024. Iveco Group N.V. (EXM: IVG) confirmed today that its financial results for the Second Quarter of 2024 will be presented on Wednesday, 24th July 2024. A live audio webcast of the conference call will begin at 11:00 am CEST / 10:00 am BST on Wednesday, 24th July 2024. Details for accessing the webcast are available at the following link: Q2 2024 Iveco Group Webcast The related press release and presentation will be posted on the corporate website at www.ivecogroup.com on Wednesday, 24th May 2024. For those unable to take part in the live session, a replay will be available in the Investors section of the company website (www.ivecogroup.com) following the conference call. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society....

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Alvotech Announces Closing of Private Debt Financing

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the closing of its previously announced senior secured first lien term loan facility (the “Facility”).  The closing has allowed Alvotech to refinance outstanding debt obligations, reduce the cost of capital and improve its overall debt maturity profile.  Following the closing of the Facility, which included the settlement of existing debt obligations, Alvotech has a total gross borrowings balance of $1,035 million, and cash balance of $185 million, which includes $18 million of cash on hand, $25 million of restricted cash and estimated net proceeds of $142 million, at the time of close.  Available cash will be used to continue advancing Alvotech’s existing development pipeline,...

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Alvotech Announces Closing of Private Debt Financing

REYKJAVIK, Iceland, July 11, 2024 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the closing of its previously announced senior secured first lien term loan facility (the “Facility”). The closing has allowed Alvotech to refinance outstanding debt obligations, reduce the cost of capital and improve its overall debt maturity profile. Following the closing of the Facility, which included the settlement of existing debt obligations, Alvotech has a total gross borrowings balance of $1,035 million, and cash balance of $185 million, which includes $18 million of cash on hand, $25 million of restricted cash and estimated net proceeds of $142 million, at the time of close. Available cash will be used to continue...

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ALM. BRAND RESTRICTED TIER 1 NOTES

FIXING OF COUPON FROM July 12 2024 Interest coupon for the period 12.07.2024 – 12.10.2024: DK0030497953, (RT1), 3 months CIBOR +3,6067%: 7,0067% p.a. Contact Please direct any questions regarding this announcement to: Investors and equity analysts:                           Direktør, IR Rating og ESG RapporteringMads Lerche ThinggaardMobile no. +45 2025 5469 Attachment Alm. Brand – Fixing of Coupon RT1 July 2024

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Share Buyback Transaction Details July 4 – July 10, 2024

PRESS RELEASE                                         Share Buyback Transaction Details July 4 – July 10, 2024 Alphen aan den Rijn – July 11, 2024 – Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, today reports that it has repurchased 115,744 of its own ordinary shares in the period from July 4, 2024, up to and including July 10, 2024, for €17.8 million and at an average share price of €154.04. These repurchases are part of the share buyback program announced on February 21, 2024, under which we intend to repurchase shares for €1 billion during 2024. The cumulative amounts repurchased in the year to date under this program are as follows: Share Buyback 2024 Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€) 2024 to...

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