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Month: August 2024

Prospera Energy Inc. Announces Q2 2024 Financial Results

CALGARY, Alberta, Aug. 13, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (PEI: TSX-V; OF6A: FRA) (“Prospera” or the “Corporation“) During the first six months of 2024, Prospera generated positive cash flows of $557,068 from operating activities; a vast improvement from the previous year during the same period. Typically, production rates are burdened by adverse cold weather conditions in these quarters, regardless, Prospera attained the highlights for Q2 2024:Reported net income of $137,933 in Q2 2024 vs. net loss of ($779,438) in Q2 2023.PEI realized average net sales of 696 boe/d (gross 813 boe/d) in Q2 2024, an increase of 34% from Q2 2023 net sales of 478 boe/d (gross 609 boe/d). The increase was due to additional production online from the 2023 development program.Due to higher production and price...

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AKVA group ASA: Completion of share buyback program

References is made to the stock exchange announcement by AKVA group ASA (“AKVA group” or the “Company“) on 22 March 2024 where AKVA group announced that it had initiated a share buyback program for the repurchase of up to 200 000 shares. On 13 August 2024, the Company has bought 2 128 shares at an weighted average price of NOK 68,80. Since the share buyback program was initiated on 22 March 2024, AKVA group has bought a total of 200 000 shares at an weighted average price of NOK 65,8733. A report of all the transactions relating to the buyback program, in a detailed and an aggregated form, is attached. The Company has now completed its share buyback program. Following completion of the program, AKVA group owns 358 716 treasury shares, representing 0,9783% of the Company’s total number of shares and votes....

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NewHydrogen CEO Steve Hill Discusses the Need for Technological Advancements for Green Hydrogen Production with Rice University Expert

Dr. Haotian Wang discussed his research on nano materials and the importance of durability and scalability in scaling up technologies SANTA CLARITA, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTCMKTS:NEWH), the developer of a breakthrough technology that uses clean energy and water to produce the world’s cheapest green hydrogen, today announced that in a recent podcast the Company’s CEO Steve Hill spoke with Haotian Wang, Associate Professor in the Department of Chemical and Biomolecular Engineering at Rice university. Dr. Wang discussed his work on electrochemical methods for carbon capture and conversion into high-value products, as well as the development of mobile catalytic materials for more efficient and cost-effective water splitting. Dr. Wang said, “There are challenges associated with hydrogen production,...

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Share buybacks in Spar Nord Bank – transactions in week 32

Company announcement no. 49 In company announcement no. 10 2024, Spar Nord announced a share buyback programme of up to DKK 500 million. The share buyback was initiated on 12 February 2024. The purpose of the share buyback is to reduce the bank’s share capital by the shares acquired under the programme, and the programme is executed pursuant to Regulation (EU) No 596/2014 of 16 April 2014 (“Market Abuse Regulation”). In last week the following transactions were made under the share buyback programme.  Number of shares Average purchase price (DKK) Transaction value (DKK)Accumulated from last announcement 1,865,197   231,244,5375 August 2024 12,500 129.70 1,621,2506 August 2024 13,000 129.62 1,685,0607 August 2024 13,000 132.64 1,724,3208 August 2024 13,000 132.12 1,717,5609 August 2024 13,000 133.66 1,737,580Total...

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Reduction of Resources for the Liquidity Contract Agreement with Rothschild Martin Maurel

Press release Reduction of Resources for the Liquidity Contract Agreement with Rothschild Martin Maurel Paris, France – August 13, 2024 By means of a contract dated February 14, 2019, ATOS SE (ISIN: FR0000051732) (the “Company“) entrusted Rothschild Martin Maurel with the implementation of a liquidity contract agreement (the “Agreement“). This Agreement, with initial resources of 15 million euros, aims at facilitating the trading of ATOS SE shares on the regulated market of Euronext Paris. Following a decrease in the Company’s market capitalization, the Agreement was amended by an addendum dated August 13, 2024, to reduce the resources allocated for the implementation of the Agreement to an amount of 2 million euros, with the requirement to maintain a minimum balance of 500,000 euros in the liquidity account at...

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Tims China Announces Q2 2024 Results Date & Conference Call

SHANGHAI and NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (Nasdaq: THCH) (“Tims China”) is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Tims China was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands...

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Robust financial development. Second tranche of the share buyback programme increased by DKK 250 million to DKK 750 million

Company Announcement Copenhagen, 13 August 2024 No. 38/2024 Interim report for 1 January – 30 June 2024 Robust financial development. Second tranche of the share buyback programme increased by DKK 250 million to DKK 750 million HighlightsFinancial performance updateOrganic growth was 5.8% in Q2 2024 (Q2 2023: 10.9%), and 5.9% in H1 2024 (H1 2023: 11.4%), mainly driven by price increases implemented across the Group and positive volume growth. Operating margin before other items (excl. IAS 29) improved to 4.0% in H1 2024 from 3.6% in H1 2023 as a result of continued operational improvements across the Group. Free cash flow was DKK (1.1) billion in H1 2024 (H1 2023: DKK (1.1) billion) reflecting normal seasonality with negative effect from changes in working capital, including Deutsche Telekom withholding certain payments.Business updateAs...

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Cabka 2024 Half Year: Major improvement in operating margins, but sales behind last year

PRESS RELEASE Online investor presentation and Q&A at 10.30 CET on 13 August 2024 via:https://channel.royalcast.com/landingpage/cabka/20240813_1/ Amsterdam, Netherlands – 13 August 2024 – Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), listed at Euronext Amsterdam, today reports its non-audited 2024 Half Year results. Highlights 2024 Half YearSales of € 92.3 million 11% lower than prior year (2023HY: €104.3 million), fully driven by softer demand and lower prices in Q1, whilst Q2 sales remained stable versus last year. In Europe, Portfolio sales grew at a record of 13%, whilst Customised Solutions increased with 7% YoY. Continued soft market demand in our Contract Manufacturing...

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Siili Solutions Plc Half-year report 1 January – 30 June 2024 (unaudited)

Siili Solutions Plc Half-year report 1 January – 30 June 2024 (unaudited) Signs of improvement in Siili’s profitability, despite the decreased revenue Siili Solutions Plc Half-year report 13 August 2024 at 8.45 EEST JANUARY-JUNE 2024Revenue EUR 59,186 (65,288) thousand Revenue growth EUR -6,103 thousand, or -9.3% Adjusted EBITA EUR 3,309 (5,010) thousand, -34.0% Adjusted EBITA margin 5.6% (7.7%) of revenue  H1/2024 H1/2023 2023Revenue, EUR 1,000 59,186 65,288 122,702Revenue growth, % -9.3% 10.9% 3.7%Organic revenue growth, % -9.3% 5.6% 0.1%Share of international revenue, % 28.0% 25.9% 26.7%Adjusted EBITA, EUR 1,000 3,309 5,010 8,742Adjusted EBITA, % of revenue 5.6% 7.7% 7.1%EBITA, EUR 1,000 2,694 5,010 8,409EBITA, % of revenue 4.6% 7.7% 6.9%EBIT, EUR 1,000 2,110 4,149 6,909Number of employees at...

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Santhera Closes Financings and Secures Funds to Reach Break-Even Expected in 2026

Ad hoc announcement pursuant to Art. 53 LR Pratteln, Switzerland, August 13, 2024 – Santhera Pharmaceuticals (SIX: SANN) announces the closing of two financing agreements that provided the Company with gross funding totaling approximately CHF 69 million. Together with existing cash resources, this will support the Company’s growth initiatives, repayment of maturing convertible bonds and liquidity through to the first half of 2026, at which point Santhera expects to be cash flow break-even. CHF 35 million received from Highbridge under a new term loan agreement Santhera received CHF 35 million from a term loan financing from certain funds managed by Highbridge Capital Management, LLC (Highbridge) with a four-year maturity and an interest rate of 3-month SARON plus 9.75%. The transaction includes changes to the existing Highbridge...

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