Day: October 25, 2024

North American Construction Group Ltd. Announces Credit Facility Extension

ACHESON, Alberta, Oct. 25, 2024 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced it has finalized an extension and amendment of its senior secured credit facility (the “Credit Facility”). The maturity date has been extended by one year to October 3, 2027. In addition to the extension, the capacity has been increased to provide greater flexibility in operating the Company’s Australian and Canadian businesses. “We would like to take this opportunity to once again thank National Bank Financial and our syndicate partners for their ongoing support,” Jason Veenstra, Chief Financial Officer stated. “It is encouraging to have all existing members extend. This low-cost facility is the foundation of our debt financing and provides the liquidity and term needed for our...

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Virtual Data Room Market is Estimated to Expand at a Stellar 18.2% CAGR through 2031 | SkyQuest Technology

Westford USA, Oct. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Virtual Data Room market will attain a value of USD 7.57 billion by 2031, with a CAGR of 18.2% over the forecast period (2024-2031). Rapidly increasing digitization and growing use of advanced virtual technologies are forecasted to create new business scope for virtual data room companies in the future. Growing incidence of cyberattacks and rising popularity of remote work are also expected to promote the demand for virtual data rooms over the coming years.  Download a detailed overview: https://www.skyquestt.com/sample-request/virtual-data-room-market Browse in-depth TOC on “Virtual Data Room Market” Pages – 165 Tables – 123 Figures – 77 Virtual Data Room Market Overview: Report Coverage Details Market Revenue in 2023...

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Collective Mining Increases Previously Announced Bought Deal Financing to C$35 Million

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) — Collective Mining Ltd. (NYSE: CNL, TSX: CNL) (“Collective” or the “Company”) is pleased to announce that due to strong demand, it has increased the size of the previously announced bought deal of common shares to 7,000,000 common shares (the “Common Shares”) at a price of C$5.00 for gross proceeds of C$35 million (“the Offering”). The company previously entered into an agreement with BMO Capital Markets as sole bookrunner on behalf of a syndicate of underwriters including Clarus Securities Inc. and Scotia Capital, among others (collectively, the “Underwriters”). The Company has granted the Underwriters an option (the “Over-allotment...

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Jūratė Lingienė elected as the new Chairperson of the Board at AB “KN Energies”

AB “KN Energies” (further – KN or Company), the international operator of energy terminals, announces that by the decision of the Board on 25 October 2024, Jūratė Lingienė has been elected as the new Chairperson of the Board at KN Energies starting 1 November 2024, she previously served as an independent member of the Board of the Company. J. Lingienė has spent most of her professional career at SEB Group in Lithuania, Latvia and Sweden, where she has held the position of Head of the Finance Department, was responsible for the development of the SEB Service Centre in Lithuania and Latvia, served as a member of the Board of SEB Latvia and as the Director of Finance. Since 2015, she has been the Head of Finance, Technology and Business Support at SEB Group Headquarters. Her responsibilities also include operational risk...

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Trinity Biotech Enters Oncology Space with Acquisition of Prostate Cancer Focused EpiCapture

DUBLIN, Oct. 25, 2024 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors, today announced the acquisition of EpiCapture Limited, a company developing a non-invasive test for monitoring the risk of aggressive prostate cancer. This acquisition marks Trinity Biotech’s strategic expansion into the oncology diagnostics market. Prostate cancer is the most common non-skin cancer among men in the U.S., with about 1 in 8 men diagnosed during their lifetime and the cost for diagnosis and treatment estimated at over approximately $10 billion annually. The ability to accurately monitor prostate cancer progression is critical, as the disease can often be slow-growing, and unnecessary invasive interventions,...

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PetIQ, Inc. Announces Successful Completion of Acquisition by Bansk Group

EAGLE, Idaho and NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) — PetIQ, Inc. (“PetIQ” or the “Company”) (Nasdaq: PETQ), a leading pet medication, health and wellness company, today announced the successful completion of its acquisition by Bansk Group (“Bansk”), a consumer-focused private investment firm dedicated to building distinctive consumer brands, in an all-cash transaction valued at approximately $1.5 billion. PetIQ stockholders will receive $31.00 in cash per PetIQ share in accordance with the terms of the transaction. With the completion of the transaction, PetIQ shares no longer trade on and will be delisted from the Nasdaq stock exchange. PetIQ is now a privately held company and continues to be operated independently by the Company’s executive team. “We’re pleased to have delivered significant value for PetIQ stockholders...

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First Hawaiian, Inc. Reports Third Quarter 2024 Financial Results and Declares Dividend

HONOLULU, Oct. 25, 2024 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended September 30, 2024. “I’m happy to report that we had a very good third quarter,” said Bob Harrison, Chairman, President, and CEO. “Net interest income and noninterest income increased over the prior quarter, expenses were well controlled and credit quality remained excellent. I’m also pleased to report that during the third quarter, Moody’s reviewed and reaffirmed all of First Hawaiian Bank’s long-term credit and deposit ratings.” On October 23, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on November 29, 2024, to stockholders of record at the close of business on November 18, 2024. Third...

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Journey Medical Corporation Announces DFD-29 Data Presented at 44th Fall Clinical Dermatology Conference

Poster Presented on Dermal and Systemic Pharmacokinetics of Oral DFD-29 (Minocycline Hydrochloride Modified Release Capsules, 40 mg) versus Oral Doxycycline 40 mg Capsules (Oracea®) in Healthy Subjects With its modified-release formulation, DFD-29 (40 mg) provides higher dermal concentration than doxycycline from Day 1 onward at a similar dose, expected to translate into a clinically meaningful impact for treating patients with rosacea New Drug Application for DFD-29 under review by FDA with PDUFA goal date of November 4, 2024 SCOTTSDALE, Ariz., Oct. 25, 2024 (GLOBE NEWSWIRE) — Journey Medical Corporation (Nasdaq: DERM) (“Journey Medical”), a commercial-stage pharmaceutical company that primarily focuses on selling and marketing FDA-approved prescription pharmaceutical products for the treatment of dermatological conditions, today...

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Empty Capsules Market to Grow at USD 4.96 Billion by 2031 |SkyQuest Technology

The demand for empty capsules market is rapidly increasing as the demand for pharmaceutical drug is substantially high and capsules are the most preferred drug delivery system. Westford, USA, Oct. 25, 2024 (GLOBE NEWSWIRE) — Empty Capsules Market size was valued at USD 2.89 billion in 2023 to USD 4.96 billion by 2031, growing at a CAGR of 7% during the forecast period (2024-2031). The demand for empty capsules market is rapidly increasing as the demand for pharmaceutical drug is substantially high and capsules are the most preferred drug delivery system. Empty capsules are shells made of chemically less reactive materials such as gelatin, pullulan, or starch which are coated with a film. These shells are used to store and package pharmaceutically actives or nutraceutical formulations to be delivered inside the blood stream. Empty...

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Circuit Breaker Market to Exceed Market Valuation USD 9.4 Billion by 2031 | SkyQuest Technology

Westford USA, Oct. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global circuit breaker market will reach a value of USD 9.4 Billion by 2031, with a CAGR of 5.0% during the forecast period (2024-2031). The circuit breaker market has been witnessing remarkable growth backed by mounting demand for electricity and the growing need for efficient and reliable energy distribution systems. The leading market drivers comprise improvements in smart grid technologies, advances in smart grid technology, and rising infrastructure development. Overall, the market will continue to transform with more innovations in circuit breaker technology and favorable regulations for energy efficiency. Download a detailed overview: https://www.skyquestt.com/sample-request/circuit-breaker-market Browse in-depth TOC on the “Circuit Breaker Market” Pages...

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