Month: July 2024

NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Sovereign Metals Limited (ASX: SVM; AIM: SVML; OTCQX: SVMLF), a future critical minerals supplier, has qualified to trade on the OTCQX® Best Market. Sovereign Metals Limited upgraded to OTCQX from the Pink® market. Sovereign Metals Limited. begins trading today on OTCQX under the symbol “SVMLF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.  For companies listed on a qualified international exchange, streamlined market standards enable them to utilize...

OMAHA, NE, July 05, 2024 (GLOBE NEWSWIRE) — FitLife Brands, Inc. (“FitLife” or the “Company”) (NASDAQ: FTLF), a provider of innovative and proprietary nutritional supplements and wellness products, announced today that Lew Jaffe, who has served as a director of FitLife and its predecessor entities since 2010, will retire from the Board and not stand for re-election at the Company’s 2024 annual meeting of stockholders.  The Board plans to nominate a new director in its proxy statement, which is anticipated to be filed with the SEC on July 5, 2024. Dayton Judd, FitLife’s Chairman and CEO, commented “On behalf of the Board of Directors, I thank Lew for his many contributions to FitLife.  Lew has been a strong independent voice with substantial contributions in the areas of strategy and operations.  Over his 14 years on the Board,...

Company Now Well Positioned for Accelerated Revenue Growth Fort Lauderdale, FL, July 05, 2024 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced it has successfully completed the acquisition of SemiCab, Inc. (“SemiCab”), a leading artificial intelligence technology company in the global logistics space. “We are very pleased to complete the acquisition of SemiCab,” commented Gary Atkinson, CEO of Singing Machine. “They have disruptive, cutting-edge, AI-powered technology. They have world class customers that are eager to expand their current relationships. Lastly, SemiCab’s technology creates a compelling financial win-win for carriers and enterprise-level Fortune 1000 clients through significant cost savings and efficiencies....

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 05, 2024 (GLOBE NEWSWIRE) — Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”) announces that the TSX Venture Exchange (the “TSXV”) has agreed to extend the closing of the second tranche of its non-brokered private placement financing (the “Offering”), first announced on May 21, 2024, to on or before August 5, 2024. Under the Offering, the Company may raise aggregate gross proceeds of up to $3,500,000 through the issuance of a combination of flow-through units (the “FT Units”) at a price of $0.05 per FT Unit and hard dollar units (the “HD Units”) at a price of $0.045 per HD Unit. A first tranche of the Offering, comprised of 13,537,000 FT Units and 8,777,778 HD Units for aggregate gross proceeds...

Golar LNG Ltd. (“Golar”) has entered into definitive agreements with Pan American Energy (“PAE”) for a 20-year deployment of a Floating Liquefied Natural Gas (“FLNG”) vessel in Argentina. The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world’s second-largest shale gas resources. The project is expected to start LNG exports within 2027, establishing Argentina as an LNG exporter. This strategic venture is built on a robust commercial foundation, featuring: (i) a Gas Sales Agreement from PAE for the supply of gas; and (ii) an FLNG charter agreement with Golar which includes a base tariff and commodity exposure to LNG sales prices. The project aims to utilize Golar’s FLNG Hilli, with a nameplate capacity of 2.45 million tons per annum (“mtpa”),...

ATLANTA, July 05, 2024 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, has scheduled a conference call for Friday, August 2, 2024 at 8:30 a.m. ET to discuss its second quarter 2024 financial results. Chart plans to issue its second quarter 2024 earnings release prior to market open on August 2nd. Participants wishing to join the live Q&A session must dial-in with the following information: PARTICIPANT INFORMATION:Toll-Free – North America: (+1) 800 549 8228Toll North America and other locations: (+1) 289 819 1520Conference ID: 39844 A live webcast and replay, as well as presentation slides, will be available on the Company’s investor relations website through the following link: Q2 2024 Webcast Registration. A telephone replay...

Event Highlights Joint Venture’s Role in Global Adoption of HPDI™ Fuel System,Advancing Commercial Transportation to Smarter, Cleaner Power with IC Engines VANCOUVER, British Columbia, July 05, 2024 (GLOBE NEWSWIRE) — Volvo Group (“Volvo”) and Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) today marked a defining moment in the journey of the newly formed joint venture (JV) as the two companies celebrated the official launch of their partnership with an exclusive event at the University of British Columbia, the birthplace of Westport’s HPDI™ fuel system technology. Nurtured for nearly 30 years within Westport, the two partners are coming together to jointly promote, develop and further accelerate the commercialization of the HPDI technology. In doing so, the JV...

SHANGHAI, July 05, 2024 (GLOBE NEWSWIRE) — Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, today announced that Mr. Hong Lu has resigned from his position as a director, effective July 3, 2024. Mr. Lu will continue to serve the Company as our senior vice president. Following Mr. Lu’s resignation, the Board has appointed Mr. Jianfeng Wu, Co-Chief Financial Officer and Executive Vice President of the Company, as a director, effective immediately. “Mr. Lu has performed his duties as a member of Atour’s Board with diligence and dedication. The experience and insights Mr. Lu contributed during his Board tenure have been of great value. On behalf of the Board, I would like to thank Mr. Lu for his counsel and service to the Board over the years,” said Mr....

SHANGHAI, July 05, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that Mr. Steven Wei Feng has tendered his resignation as the Chief Financial Officer of NIO for personal and family reasons, effective July 5, 2024. The Company greatly appreciates Mr. Feng’s contributions to NIO since 2019 and wishes him the best in his future endeavors. The board of directors of the Company (the “Board”) has approved to concurrently promote the Company’s Senior Vice President of Finance, Mr. Stanley Yu Qu, as the new Chief Financial Officer. Since joining NIO in October 2016, Mr. Qu has demonstrated strong expertise and leadership in overseeing the Company’s overall financial and reporting functions....

GUANGZHOU, China, July 05, 2024 (GLOBE NEWSWIRE) — Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent technology-driven financial services provider in China, today announced that its board of directors (the “Board”) has authorized the expansion of the Company’s share repurchase program by an additional US$20 million, bringing the total authorized amount of share repurchase to US$40 million. The share repurchase program was intended to enhance shareholder returns and signals the Company’s confidence in its long-term growth prospects. As of June 30, 2024, approximately 726,616 American Depository Shares had been repurchased at an aggregate purchase price of approximately US$5.4 million since the inception of the share repurchase program in December 2022. Alongside the Company’s expansion of the share...