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Month: July 2024

Atico Produces 3.73 Million Pounds of Cu and 2,874 Ounces of Au in Second Quarter 2024

VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) announces its operating results for the three months ended June 30, 2024 from its El Roble mine. Production for the quarter totaled 3.73 million pounds of copper and 2,874 ounces of gold in concentrates, an increase of 33% for copper and 25% for gold, respectively, over the same period in 2023. “The El Roble mine continued to operate within set expectations for this quarter as we saw improvements in most metrics over the previous quarter and especially over the same period last year” said Fernando E. Ganoza, CEO. “In the second half of the year, we are anticipating a continuation of good production results as we gain further access to the newly discovered areas of high-grade ore. In parallel,...

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Profound Medical to Release Second Quarter 2024 Financial Results on August 8 – Conference Call to Follow

TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, will announce its second quarter 2024 financial results after market close on Thursday, August 8, 2024. Profound management will host a conference call at 4:30 p.m. ET to review the financial results and discuss business developments in the period. Second Quarter 2024 Results Conference Call Details:Date:   Thursday, August 8, 2024     Time:   4:30 p.m. ET     Live Call Registration:   https://register.vevent.com/register/BIbfa8c9bee6c6463c8ca3a1937fbfd804     The call will also be broadcast live and archived on the Company’s website at www.profoundmedical.com...

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Evolution to acquire Galaxy Gaming, a leading independent developer and distributor of casino table games and technology

LAS VEGAS, July 18, 2024 (GLOBE NEWSWIRE) — Evolution AB (publ)’s wholly owned subsidiary, Evolution Malta Holding Limited, (“Evolution”) has entered into an agreement to acquire Galaxy Gaming, Inc. (“Galaxy Gaming”) (OTC:GLXZ) for a total equity value of approximately $85 million (the “Transaction”), payable in cash. Transaction highlights and strategic rationale Galaxy Gaming, a leading developer and distributor of innovative casino table games and enhanced gaming technology solutions, continues to revolutionize the casino industry with its state-of-the-art products and exceptional service. With a diverse portfolio of cutting-edge games, Galaxy Gaming has established itself as a trusted partner to casinos worldwide. The acquisition is in line with Evolution’s strategy of being the world’s top provider of casino games, supplying...

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Athene Announces Fixed Income Investor Conference Call

WEST DES MOINES, Iowa, July 18, 2024 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”), a leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor conference call on Thursday, August 8, 2024 at 10:00AM ET. The call will feature members of Athene’s senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital. An accompanying presentation, live webcast, and webcast replay will be available on the Investor Relations section of Athene’s website at ir.athene.com. Conference Call Details:Dial-in: Toll-free at 877-404-1236 (domestic) or + 1 215-268-9888 (international) About AtheneAthene is a leading retirement services company with $320 billion of total assets as of March...

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Adams Diversified Equity Fund Declares Distribution and Announces First Half Performance

BALTIMORE, July 18, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.44 per share, payable August 30, 2024 in newly issued shares unless shareholders elect to receive cash, to shareholders of record August 5, 2024. This distribution represents the initial payment under the Fund’s Managed Distribution Policy to pay at least 2% of average net asset value each quarter. You should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s MDP. FIRST HALF PERFORMANCE For the six months ended June 30th, the total return on Adams Diversified Equity’s net asset value, with dividends and capital gains reinvested, was 15.8%. Comparable figures for the S&P 500 and the Morningstar...

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Occidental Announces Expiration of Hart-Scott-Rodino Waiting Period for its Acquisition of CrownRock

HOUSTON, July 18, 2024 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced that the waiting period for its acquisition of CrownRock, L.P. (CrownRock, and such transaction, the CrownRock acquisition) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. With the expiration of the waiting period, the conditions to closing have been satisfied, other than those that are to be satisfied at closing. The CrownRock acquisition is expected to close in August, after completion of the financing marketing period contemplated by the CrownRock purchase agreement. “We look forward to closing our transaction with CrownRock in August and welcoming their high-performing team into our organization,” President and Chief Executive Officer Vicki Hollub said. “We are progressing with the divestiture program that we believe...

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Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share

ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quarter of 2023. “Commercial credit pipelines remain robust, especially in our Capital District and Western New York markets,” said Anders M. Tomson, President and CEO of the Corporation. “Funding costs continue to remain challenging, impacting net interest income expansion commensurate with our loan growth,” Tomson added. “We continue to remain focused on expense management, especially with the rationalization of our branch footprint....

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Abacus Life Provides Preliminary Second Quarter 2024 Results

– Expects Total Revenue Between $28.0 and $30.0 Million; Grows 146-163% Year-over-Year – – Expects Net Income Between $0.0 and $1.0 Million – – Expects Adjusted EBITDA Between $15.0 and $17.0 Million; Grows 64-86% Year-over-Year – – Schedules Second Quarter 2024 Earnings Release and Conference Call for Monday, August 12, 2024 – ORLANDO, Fla., July 18, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced preliminary unaudited financial results for the second quarter ended June 30, 2024. Preliminary Financial Results – Second Quarter 2024 Based upon management’s current expectations, the Company anticipates Total Revenue, Net Income,...

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Abacus Life Announces Agreement to Acquire Carlisle Management Company SCA

Acquisition accelerates Abacus’ expansion as a global alternative asset manager and origination company Deal will add up to $2 billion in AUM to Abacus ORLANDO, Fla., July 18, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, today announced a definitive agreement to acquire Carlisle Management Company SCA (“Carlisle”), a leading Luxembourg-based investment manager in the life settlement space, for approximately $200 million. The acquisition of Carlisle, with approximately $2.0 billion in assets under management, is firmly aligned with Abacus’ continued expansion as a global asset manager. The addition of Carlisle further enhances Abacus’ offering to...

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Nokia Corporation: Repurchase of own shares on 18.07.2024

Nokia CorporationStock Exchange Release18 July 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 18.07.2024 Espoo, Finland – On 18 July 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 2,417,545 3.34CEUX 1,131,706 3.35BATE – –AQEU 128,459 3.39TQEX 209,734 3.37Total 3,887,444 3.35* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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