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Day: September 12, 2024

Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-Carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainable Aviation Fuel, Hydrocarbons, and Chemicals

ENGLEWOOD, Colo., Sept. 12, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), a leading developer of net-zero hydrocarbon fuels and chemicals, is pleased to announce that it has entered into a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration (“CCS”) assets of Red Trail Energy, LLC (“Red Trail Energy”) for $210 million. Acquisition highlights:The Adjusted EBITDA1 from Red Trail Energy ethanol and CCS assets, when combined with Adjusted EBITDA1 from Gevo’s renewable natural gas (“RNG”) business, and other businesses, including Verity, is expected to make Gevo’s Adjusted EBITDA positive in 2025. The purchase price includes the ethanol production asset and the CCS asset. Gevo expects that its capability of marketing carbon abatement in conjunction with delivery of advanced liquid...

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YieldMax™ Launches Option Income Strategy ETF on Super Micro Computer (SMCI)

YieldMax™ SMCI Option Income Strategy ETF (NYSE Arca: SMCY) CHICAGO, MILWAUKEE and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) — YieldMax™ announced the launch today of the following ETF: SMCY seeks to generate current income by pursuing options-based strategies on Super Micro Computer Inc. (“SMCI”). SMCY is actively managed by ZEGA Financial. SMCY does not invest directly in SMCI. SMCY is the newest member of the YieldMax™ ETF family and like all YieldMax™ ETFs, aims to deliver current income to investors. Please see table below for distribution and yield information for all outstanding YieldMax™ ETFs. Note: CRSH, FIAT, DIPS and YQQQ are hereinafter referred to as the “Short ETFs” and “ADR” stands for American Depositary Receipt. Please note that distributions may include a combination of ordinary...

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Fortuna intersects 6.9 g/t Au over 33.3 meters at the Diamba Sud Project, Senegal

VANCOUVER, British Columbia, Sept. 12, 2024 (GLOBE NEWSWIRE) —  Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal. Diamba Sud Gold Project exploration highlights Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “The exploration focus at Diamba Sud has turned to testing and expanding some of the previously lightly drilled anomalies, with Western Splay rapidly emerging as the next potential prospect. Encouraging results such as 6.9 g/t Au over an estimated true width of 33.3 meters from 115.4 meters in drill hole DSDD293, and 8.9 g/t Au over an estimated true width of 27.7 meters from 104 meters in drill hole DSR680 highlight the potential.” Western Splay Prospect drilling highlights include:DSDD293: 6.9 g/t...

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Bavarian Nordic Provides Update on the Mpox Vaccine Supply Situation

COPENHAGEN, Denmark, September 12, 2024 – Bavarian Nordic A/S (OMX: BAVA), the vaccine manufacturer of MVA-BN®, the only approved non-replicating smallpox and mpox vaccine (marketed as JYNNEOS®, IMVAMUNE® and IMVANEX®) today provided an update of its supply and manufacturing activities in support of the ongoing mpox outbreak. Since the declaration of mpox as a Public Health Emergency of Continental Security (PHECS) by the Africa Centers for Disease Control (CDC) and the subsequent declaration of a Public Health Emergency of International Concern (PHEIC) by the World Health Organization (WHO), Bavarian Nordic has intensified the collaboration with global stakeholders to support the joint efforts to combat the mpox outbreak. Importantly, thanks to donations from the European Commission, the U.S. government and Bavarian Nordic, the first...

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GOGL – Company Presentation September 2024  

Interim CEO and CFO Peder Simonsen will be presenting Golden Ocean Group Limited at Pareto Securities’ 31st Energy Conference today, September 12, 2024. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.AttachmentGolden Ocean Company Presentation September 2024

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Nexans invests 90 million euros to support growth of offshore wind in Europe

Nexans invests 90 million euros to support growth of offshore wind in Europe _PRESS RELEASE_Nexans invests 90 million euros in its facilities in Charleroi, Belgium, Erembodegem, Belgium and Calais, France to support the growth of offshore wind and subsea interconnectionsThe investment will include the construction of a new, 53 meter tower for the insulation of onshore cables at Nexans’ plant in Charleroi, Belgium, and will allow for the production of 525kV onshore cables necessary to support the TenneT frame agreementNexans is committed to a long-term strategy of electrification made possible only through the support of renewable sources of energy Paris, September 12, 2024 – Nexans, a global leader in the energy transition, announces plans to invest 90 million euros to support the growth of offshore wind in Europe. The investment...

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Nokia and OTE Group set dual world-record optical transmission rates over ultra long distances

Press Release   Nokia and OTE Group set dual world-record optical transmission rates over ultra long distancesCompanies set new transmission rate records of 800Gbps over 2580 km and 900Gbps over 1290 km. Nokia’s sixth generation of super-coherent Photonic Service Engine technology can reduce energy consumption.12 September 2024Athens, Greece: Nokia together with OTE Group, a member of Deutsche Telekom (DT), today announced two new optical transmission rate world records using Nokia’s sixth generation of super-coherent Photonic Service Engine (PSE-6s) technology. The field trial, which used Nokia’s 1830 PSI-M optical transport solution, ran over OTE Group’s national dense wavelength division multiplexing (DWDM) network, connecting IP Core data centers and routers in Greece. Two optical nodes were installed in Patra and Athens to boost...

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Municipality Finance issues GBP 100 million notes under its MTN programme

Municipality Finance PlcStock exchange release 12 September 2024 at 10:00 am (EEST) Municipality Finance issues GBP 100 million notes under its MTN programme Municipality Finance Plc issues GBP 100 million notes on 13 September 2024. The maturity date of the notes is 17 September 2028. MuniFin has a right, but no obligation, to redeem the notes early on 17 September 2025. The notes bear interest at a fixed rate of 4.10% per annum. The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors. MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq...

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VEON Announces Vesting of Conditional Award to Group CEO Kaan Terzioglu

Amsterdam, 12 September 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the vesting of a conditional incentive award (the “Conditional Award”) to its Group Chief Executive Officer, Kaan Terzioglu. This Conditional Award was made under VEON’s 2021 Long Term Incentive Plan (“LTIP”). Award Details and Vesting Conditions On 10 January 2024, Kaan Terzioglu was granted a Conditional Award under the LTIP, comprising 3,201,250 common shares in VEON Ltd and subject to performance targets. The performance targets set out in the award agreement have been successfully met, resulting in the vesting of the award on 30 July 2024. Under the original terms, the common shares under the Conditional Award were scheduled to be released to Mr. Terzioglu...

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Syensqo – Participation notification by Norges Bank.

Participation notification by Norges Bank.  Brussels, Belgium – September 12, 2024 – 8:30 CESTAccording to Belgian transparency legislation (Law of May 2, 2007), Norges Bank (Bankplassen 2, PO Box 1179 Sentrum, 0107 Oslo, Norway) recently sent Syensqo the following transparency notifications indicating that it crossed the threshold of 3%. Here is the summary of the moves:Date on which the threshold was crossed Voting rights after the transaction Equivalent financial instruments after the transaction TotalSeptember 06, 2024 2.99% 0.15% 3.13%September 09, 2024 3.11% 0.15% 3.26%The latest notification, dated September 09, 2024, contains the following information:Reason for the notification: Acquisition or disposal of voting securities or voting rights Notified by: Norges Bank : A parent undertaking...

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