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Day: October 22, 2024

Minerals Technologies Announces Deployment of Artificial Intelligence Technology for Mining

NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (MTI), a global specialty minerals company, has expanded its partnership with AIM Intelligent Machines Inc. (AIM), a technology company specializing in AI-enabled safety, productivity, and analytics for mining equipment. AIM enables mining operations to run continuously at peak performance in all weather conditions, unlocking value across fuel savings, fleet availability, and optimal site planning. This innovative technology retrofits mining equipment of any age, size or brand, while preserving the ability to manually operate the equipment. “Our investment in autonomous mining technology supports our goal of providing the safest solution for protecting our employees and our equipment. We are excited to continue working with AIM and to be on the forefront...

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Largo Physical Vanadium Announces Resignation of Board Member   

TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Largo Physical Vanadium Corp. (“LPV” or the “Company“) (TSX.V: VAND) (OTCQX: VANAF) announces that Paul Vollant has resigned from its Board of Directors of LPV, effective as of October 11, 2024. The Company thanks Mr. Vollant for his service and contributions during his tenure at the Company. About Largo Physical Vanadium Corp. Largo Physical Vanadium Corp. (LVP) aims to provide a secure, convenient and exchange-traded investment alternative for investors interested in having direct exposure to physical vanadium, which is essential to achieve a greener world in key industries such as steel, aerospace and energy storage. Vanadium is non-degrading and fully recyclable when used as electrolyte in vanadium redox flow batteries (VRFBs) and offers carbon reducing attributes...

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First Quantum Minerals Reports Third Quarter 2024 Results

(In United States dollars, except where noted otherwise) TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today reports results for the three months ended September 30, 2024 (“Q3 2024” or the “third quarter”) of net earnings attributable to shareholders of the Company of $108 million ($0.13 earnings per share) and adjusted earnings1 of $119 million ($0.14 adjusted earnings per share2). “While it is pleasing to see continued strong operational performance from the Zambian operations during the third quarter, this was marred by a tragic accident in September resulting in the death of a colleague at Kansanshi. We continue to support the family and we remain committed to ensure the safety of our colleagues across the business. While ZESCO power restrictions...

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Baker Hughes Company Announces Third-Quarter 2024 Results

 Third-quarter highlightsOrders of $6.7 billion, including $2.9 billion of IET orders. RPO of $33.4 billion, including record IET RPO of $30.2 billion. Revenue of $6.9 billion, up 4% year-over-year. Attributable net income of $766 million. GAAP diluted EPS of $0.77 and adjusted diluted EPS* of $0.67. Adjusted EBITDA* of $1,208 million, up 23% year-over-year. Cash flows from operating activities of $1,010 million and free cash flow* of $754 million. Returns to shareholders of $361 million, including $152 million of share repurchases.HOUSTON and LONDON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Baker Hughes Company (Nasdaq: BKR) (“Baker Hughes” or the “Company”) announced results today for the third quarter of 2024. “We delivered another quarter of record EBITDA, highlighted by exceptional operational performance...

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O2Gold Announces C$1.5M Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, Oct. 22, 2024 (GLOBE NEWSWIRE) — O2Gold Inc. (NEX:OTGO.H) (“O2Gold” or the “Company“) is pleased to announce a non-brokered private placement financing of: (i) 15,000,000 subscription receipts of the Company (the “Subscription Receipts”) at a price per Subscription Receipt of C$0.05; and (ii) 15,000,000 flow-through subscription receipts of the Company (the “FT Subscription Receipts”) at a price per FT Subscription Receipt of C$0.05, for aggregate gross proceeds to the Company of C$1,500,000 (together, the “Offering”). The Subscription Receipts and FT Subscription Receipts will be created and issued pursuant to the terms of subscription receipt agreements (each, a “Subscription Receipt Agreement“) between...

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Radisson Announces First Tranche Closing of Previously Announced Private Placement

Not for distribution to United States newswire services or for dissemination in the United States ROUYN-NORANDA, Quebec, Oct. 22, 2024 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) (“Radisson” or the “Corporation”) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement (the “Offering”). Pursuant to the closing of this first tranche, Radisson issued (i) 7,421,038 units of the Corporation (the “Units”) at a price of $0.27 per Unit, (ii) 4,765,625 class A common share in the capital of the Corporation (the “Shares”) that qualifies as “flow-through share” (the “NFT Shares”) pursuant to subsection 66(15) of the Income Tax Act (Canada) (the “Tax Act”) at a price of $0.32 per NFT Share; and (iii) 6,016,012 Shares, that qualifies as a “flow-through...

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Transocean Ltd. Announces Third Quarter 2024 Earnings Release Date

STEINHAUSEN, Switzerland, Oct. 22, 2024 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter 2024 on Wednesday, October 30, 2024. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 2 p.m. CET, on Thursday, October 31, 2024. Individuals who wish to participate should dial +1 785-424-1226 approximately 15 minutes prior to the scheduled start time and refer to conference code 827284. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EDT, 5 p.m. CET, on October 31, 2024. The replay, which will be archived for approximately 30 days, can be accessed at +1 402-220-9184, passcode 827284. The replay also...

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CVG Announces Third Quarter 2024 Earnings Call

NEW ALBANY, Ohio, Oct. 22, 2024 (GLOBE NEWSWIRE) — CVG (NASDAQ: CVGI) will hold its quarterly conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET, to discuss third quarter 2024 financial results. CVG will issue a press release and presentation prior to the conference call. Toll-free participants dial (800) 549-8228 using conference code 04909. International participants dial (289) 819-1520 using conference code 04909. This call is being webcast and can be accessed through the “Investors” section of CVG’s website at ir.cvgrp.com where it will be archived for one year. A telephonic replay of the conference call will be available until November 19, 2024. To access the replay, toll-free callers can dial (+1) 888 660 6264 using access code 04909#, and toll callers in North America and other locations can dial (+1) 289 819...

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Weatherford Third Quarter 2024 Results

Revenues of $1,409 million increased 7% year-over-year Operating income of $243 million increased 11% year-over-year Net income of $157 million increased 28% year-over-year; net income margin of 11.1% Adjusted EBITDA* of $355 million increased 16% year-over-year; adjusted EBITDA margin* of 25.2% increased by 197 basis points year-over-year Cash provided by operating activities of $262 million, an increase of $112 million sequentially and $90 million year-over-year; adjusted free cash flow* of $184 million, an increase of $88 million sequentially and $47 million year-over-year Received credit rating upgrade from S&P Global Ratings to ‘BB-’ with positive outlook, and from Fitch to ‘BB-’ with stable outlook Shareholder returns of $68 million for the quarter, which includes dividends payment of $18 million and share repurchases of $50...

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FS Bancorp, Inc. Reports Third Quarter Net Income of $10.3 Million or $1.29 Per Diluted Share and the Forty-Seventh Consecutive Quarterly Cash Dividend

MOUNTLAKE TERRACE, Wash., Oct. 22, 2024 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2024 third quarter net income of $10.3 million, or $1.29 per diluted share, compared to $9.0 million, or $1.13 per diluted share, for the comparable quarter one year ago. For the nine months ended September 30, 2024, net income was $27.6 million, or $3.45 per diluted share, compared to net income of $26.3 million, or $3.33 per diluted share, for the comparable nine-month period in 2023. “Deposit growth experienced in the third quarter of 2024 was a direct result of the Bank-wide focus and strategic planning objective to fund loan growth with core deposits,” stated Joe Adams, CEO. “We are also pleased that our Board of Directors approved our...

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