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Month: September 2024

Ascot Announces Care & Maintenance of Operations in Order to Focus on Mine Development Activities

VANCOUVER, British Columbia, Sept. 06, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) today announced that over the period of the past two months, mill operations at the Company’s Premier Gold Mine have poured 3,430 oz of gold, which is 418% above the amount recorded over the entire second quarter. Additionally, in August, the mill has operated near or above its design capacity. The mill operations have progressed well; however, we believe that the amount of mine development at the Big Missouri mine has fallen behind schedule by approximately one to two months, and with the delay in the start of the Premier Northern Lights (“PNL”) ramp from July to December last year, PNL production is also delayed. As a result, the number of stoping areas is not sufficient to provide enough production...

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The BANK of Greenland has issued DKK 40 million in Tier 2 capital

Referring to company announcement no. 11/2024 dated 5 September, it is announced that as part of the ongoing process to optimize the capital structure, The BANK of Greenland has issued DKK 40 million in Tier 2 capital. The capital is issued with ISIN no. DK0030540398 and with effect from 12 September 2024. The Tier 2 capital has a maturity of ten years with a possibility to call after five years and any time thereafter subject to approval by the Danish Financial Supervisory Authority (Finanstilsynet). The bonds have a floating rate agreed at a six-month Cibor rate plus 325 basis points. Nykredit Bank A/S is the sole lead manager of the issue. Best regards The BANK of Greenland Contact: General Manager Martin Kviesgaard, tel.: +299 34 7802 / mail: mbk@banken.glAttachment12.Tier2-issuing_UK

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Aricoma acquires Luxembourg-based developers Neofacto, continuing its westward expansion

PRAGUE and LUXEMBOURG, Sept. 06, 2024 (GLOBE NEWSWIRE) — Aricoma, a Czech leader in enterprise IT and part of the KKCG investment group, has acquired Luxembourg-based Neofacto. The company develops software for the European Investment Bank (EIB) and financial institutions in Luxembourg. Neofacto was founded in Luxembourg in 2000. It employs around eighty people. It provides a range of software services for financial institutions in Europe, in particular the European Investment Bank. These include API programming & integration between applications, web design (front- and backend, dB management), mobile app development and testing, DevOps (technical tools and training), business analytics, testing, and blockchain and AI services. “The acquisition of Neofacto is a logical step for us. It strengthens our work for the European...

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SBM Offshore signs Share Purchase Agreements with MISC Berhad

September 6, 2024 SBM Offshore announces it has signed two Share Purchase Agreements with its partner MISC Berhad for: i)      the total acquisition of MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii)      the full divestment to MISC Berhad of SBM Offshore’s effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This transaction furthers SBM Offshore’s efforts to maintain focus and excellence in its operating portfolio. Agreements remain subject to several conditions precedent and approval by various competent authorities.          Corporate Profile SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading technology provider, we put our marine...

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Sampo plc’s share buybacks 5 September 2024

SAMPO PLC                 STOCK EXCHANGE RELEASE                  6 September 2024 at 8:30 am Sampo plc’s share buybacks 5 September 2024 On 5 September 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)  3,119 40.96 AQEU          36,409 40.98 CEUX  1,728 40.97 TQEX  54,214 41.00 XHELTOTAL 95,470 40.99  *rounded to two decimals                 On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which...

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Value sharing: Renault Group launches its third employee share ownership plan as part of the Renaulution

PRESS RELEASE6 September 2024VALUE SHARING: RENAULT GROUP LAUNCHES ITS THIRD EMPLOYEE SHARE OWNERSHIP PLAN AS PART OF THE RENAULUTIONTo further support employee share ownership and build on the nearly 5.07% of equity already held by employees at 31 December 2023, Renault Group is announcing a new plan. Held for the third consecutive year, this latest plan confirms the Group’s ambition to increase employee-held equity to 10% by 2030. Seven free shares will be allocated to eligible Group employees in 30 countries. Employees in 24 countries will be able to acquire shares at a 30% discount with an additional matching contribution. The reference share price for the plan is 41.80 euros, i.e. a subscription price of 29.26 euros after the discount. The subscription period will run from 18 September to 2 October 2024 (inclusive)....

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Schneider Electric launches AI-powered home energy management feature for Wiser Home

Schneider Electric announced its artificial intelligence-powered feature is now live on the Wiser Home app. This new feature is available to Wiser Home users in Spain, Portugal, France, Germany, and Austria. Schneider Electric, the leader in the digital transformation of energy management and automation, today announced its artificial intelligence-powered feature is now live on the Wiser Home app. Recently recognized as the world’s most sustainable company, Schneider Electric continues to lead in smart home energy management with cutting-edge solutions to support homeowners, homebuilders, and electrical installers. Schneider’s new feature is a market first, providing AI-optimized energy management of two of the biggest power loads in the home – water heaters and electric vehicle chargers – via a single app, Wiser Home. Wiser Home...

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Bedford Metals Provides Corporate Update on Uranium Exploration Progress

VANCOUVER, British Columbia, Sept. 06, 2024 (GLOBE NEWSWIRE) — Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the “Company” or “Bedford”) wishes to provide a corporate update. Bedford continues to focus on advancing its uranium exploration projects in the Athabasca region of northern Saskatchewan, Canada and has made meaningful progress with its exploration initiatives. As reported in previous news releases, the Company has been actively advancing its exploration projects, particularly the Ubiquity Lake Uranium Project. Bedford is pleased with the initial results from its most recent exploration program, where the field team identified several promising targets. The Company is awaiting assay results from the samples collected during this program, which will provide further insight into the project’s potential. In...

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TGS Awarded 2D Seismic Contract Offshore Sumatra, Indonesia

Perth, Australia (06 September 2024) – TGS, a leading global provider of energy data and intelligence, has commenced the acquisition of a 2D seismic survey in the Sumatra basin, Indonesia. The survey, conducted using COSL’s HYSY 718 vessel, is expected to comprise between 5,500- and 6,500-line kilometers, covering two regions. This initiative marks a continuation of TGS’s commitment to supporting exploration efforts in Indonesia. Earlier this year, TGS announced the completion of a multi-client 2D reprocessing project in the same basin which aims to integrate key discoveries with available open acreage, complementing TGS’s existing extensive 2D and 3D seismic datasets in the region. Kristian Johansen, CEO at TGS, stated, “North Sumatra has been the site of major discoveries in the past few years. With this being our sixth consecutive acquisition...

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Construction contract in Estonia (office building in Tallinn)

On 5 September 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Estconde Invest OÜ entered into a design-and-build contract of an office building located at Tartu mnt 1, Tallinn. The contract includes construction of a 27-storey class A office building with two underground floors, necessary infrastructure and surrounding territory. The building will be completed according to the international BREEAM standard at the level Excellent. The contract value is approximately EUR 64.3 million, plus value added tax. The duration of the works is 40 months. AS Merko Ehitus Eesti (merko.ee) is a recognised Estonian construction company, which offers construction services in general construction, civil engineering and residential construction. Additional information: AS Merko Ehitus Eesti, Director of the General Construction Division,...

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