Day: October 17, 2024

Lotus Technology Announces Delivery Updates of First Nine Months of 2024

Written by Customer Service on October 17, 2024. Posted in Public Companies.

NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first nine months of 2024. Lotus continues to achieve top-rate growth among traditional luxury car brands, delivering 7,543 vehicles1 in the first nine months of 2024, representing a year-on-year increase of 134%. Global allocation in terms of deliveries remained well-distributed, with Europe, China, North America and the Rest of the World regions each contributing about 20-35% of the total deliveries. In the third quarter of 2024, Emeya (GT, Sedan) was delivered to Europe, whilst Eletre (SUV) reached markets including the GCC, Japan and Korea. In September, Lotus revealed Eletre Carbon, a high-performance variant tailored for...

West Red Lake Announces Financing Package to Fund Madsen Mine Restart

Written by Customer Service on October 17, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Oct. 17, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold”, “WRLG” or the “Company”) (TSXV:WRLG) (OTCQB: WRLGF) is pleased to announce that the Company has secured commitments totaling in excess of C$68 million to finance the restart of its Madsen Gold Mine (“Madsen”). Madsen remains on track to recommence production in 2025. The financing package is comprised of the following:US$35 million (approximately C$48 million) loan facility (the “Loan Facility”) with Nebari Natural Resources Credit Fund II, LP (“Nebari”) bearing interest of SOFR (Secured Overnight Financing Rate) plus 8% with a term of 42 months. A non-binding term sheet has been signed and closing of the Loan Facility...

Infrastructure Dividend Split Corp. Announces Preferred Distribution and Increase to Class A Distribution Rate

Written by Customer Service on October 17, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — Infrastructure Dividend Split Corp. (TSX: IS and IS.PR.A) (the “Company”), is pleased to announce an increase in the monthly distribution rate of Class A shares from $0.125/share to $0.14/share. The distribution increase is supported by dividend growth from several of the Company’s portfolio holdings and the strong performance and outlook for the infrastructure sector. On May 6, 2024, the Class A shares were converted from units of the International Clean Power Dividend Fund (TSX: CLP.UN) at a value of $15.00 per share. As of October 16, 2024, the Net Asset Value per Class A share is $17.93. In addition, the Company has paid cumulative monthly distributions to Class A shareholders of $0.75 per share since inception. Record Date Payable Date Distribution Per Equity ShareOctober...

Nexus Industrial REIT Announces Third Quarter Results Date, and November and December Distributions

Written by Customer Service on October 17, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended September 30, 2024, before the opening of the TSX on November 12, 2024. Management of the REIT will host a conference call at 10:00 AM Eastern Standard Time on Tuesday November 12, 2024, to review the financial results and operations. To participate in the conference call, please dial 647-484-8814 or 1-844-763-8274 (toll free in Canada and the US) at least five minutes prior to the start time and ask to join the Nexus Industrial REIT conference call. A recording of the conference call will be available until December 12, 2024. To access the recording, please dial 1-412-317-0088 or 1-855-669-9658 (toll free in Canada and the US) and...

STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast

Written by Customer Service on October 17, 2024. Posted in Mergers And Acquisitions.

JACKSONVILLE, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) — CSX Corporation (NASDAQ: CSX) (CSX), Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC), and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX’s and CPKC’s respective applications regarding their acquisition of the rail lines operated by G&W’s Meridian & Bigbee Railroad, L.L.C. (MNBR), which will result in the creation of a new direct CPKC-CSX interchange connection in Alabama. Through the now-approved transaction, which was previously announced in June 2023, CPKC will acquire and operate across the 52-mile segment between Meridian, Miss., and Myrtlewood, Ala., currently owned by MNBR, while CSX will operate the lines currently operated by MNBR east of Myrtlewood. As a result, CPKC and CSX will establish...

Talisker Announces Gold-Linked Note Closing

Written by Customer Service on October 17, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) announces that further to the Company’s press release of October 9, 2024, the non-brokered private placement (the “Gold-Linked Note Financing”) of gold-linked notes (“Notes”) has closed with $1,332,000 of Notes being issued. Proceeds from the Gold-Linked Note Financing will be used to continue advancement of the Company’s flagship Bralorne Gold Project in British Columbia and for general corporate purposes. Additional details on the Gold-Linked Note Financing are included below. Gold Linked Note FinancingThe Notes represent a senior unsecured obligation of the Company and are not convertible into shares of the...

Telix Files Form 20-F Registration Statement for Nasdaq ADS

Written by Customer Service on October 17, 2024. Posted in Public Companies.

MELBOURNE, Australia, Oct. 18, 2024 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) announces that it has publicly filed a Form 20-F registration statement (Registration Statement) with the United States (U.S.) Securities and Exchange Commission (SEC) relating to a proposed listing of American Depository Shares (ADS), representing the Company’s ordinary shares, on the Nasdaq Stock Market (Nasdaq). The proposed Nasdaq listing is expected to be established as a Level II American Depositary Receipt (ADR) program, enabling streamlined and simplified access to Telix shares by the U.S. market. The Company believes this decision will further facilitate significant interest in the Company from U.S. and global investors, as well as simplify access to Telix’s securities and equity-related incentives for U.S....

b1BANK Promotes Jerry Vascocu to President

Written by Customer Service on October 17, 2024. Posted in Public Companies.

Jerry VascocuJerry Vascocu, President, b1BANKBATON ROUGE, La., Oct. 17, 2024 (GLOBE NEWSWIRE) — b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced today that N. Jerome “Jerry” Vascocu Jr. will be the bank’s new president, reporting to Jude Melville, who will retain the title of chairman and CEO. Vascocu, who joined b1BANK in 2022 as chief administrative officer, oversees the coordination of banking, operations, risk and credit functions for the bank. He has also led several functions for the bank including correspondent banking, wealth management, human resources and marketing, where he recruited additional strong teammates, developed new products and introduced new technology. “With an extensive and varied 30-year career, Jerry’s proven leadership and broad-based banking experience...

Colabor Group Reports Results for the Third Quarter 2024

Written by Customer Service on October 17, 2024. Posted in Earnings Releases And Operating Results.

SAINT-BRUNO-DE-MONTARVILLE, Quebec, Oct. 17, 2024 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) reports its results for the third quarter ended September 7, 2024. Third Quarter 2024 Financial Highlights:Sales decreased by 1.6% to $162.0 million, compared to $164.7 million for the corresponding period of 2023; Net earnings from continuing operations were $1.2 million compared to $3.5 million for the corresponding period of 2023; Adjusted EBITDA(1) decreased by 14.0% to $9.5 million from $11.0 million for the corresponding period of 2023 with an adjusted EBITDA(1) margin to 5.9% of sales compared to 6.7% of sales during the corresponding period of 2023; Cash flow from operating activities increased to $9.9 million compared to $8.0 million for the third quarter of 2023; Net debt(2) decreased to $50.7 million,...

AYR Wellness to Hold Third Quarter 2024 Conference Call on November 13th at 8:30 a.m. ET

Written by Customer Service on October 17, 2024. Posted in Earnings Releases And Operating Results.

MIAMI, Oct. 17, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), will hold a conference call on Wednesday, November 13, 2024, at 8:30 a.m. ET to discuss results for the third quarter ended September 30, 2024. AYR Interim CEO Steven Cohen and CFO Brad Asher will host the conference call, followed by a question-and-answer period. The Company will provide its financial results in a press release prior to the call. Date: Wednesday, November 13, 2024Time: 8:30 a.m. ETToll-free dial-in number: (844) 763-8274International dial-in number: (647) 484-8814Webcast: LINK A telephonic replay of the conference call will also be available for one month until end of day Friday, December 13, 2024. Toll-free replay number: (855)...

Day: October 17, 2024

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