Day: November 18, 2024
TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V) announced today its financial results for the nine months ended September 30, 2024. All amounts are stated in U.S. dollars.
The Company recorded net loss of $1.2 billion for the three months ended September 30, 2024, compared to a net income of $72.1 million in the prior year quarter. The decrease in income was primarily due to current period remeasurement losses of $1.1 billion associated with the retractable shares, compared to remeasurement gains of $35.0 million in the prior year quarter. The Company’s retractable common shares are classified as liabilities due to their cash retraction feature. The remeasurement gains or losses in a given period are driven by the respective appreciation or depreciation of the Partners...
O2Gold Provides Update on Quebec Aur Transaction
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) — O2Gold Inc. (NEX: OTGO.H) (“O2Gold” or the “Company”) is pleased to provide an update on its pending acquisition of a gold mining exploration property in Quebec through the purchase of all of the issued and outstanding shares of Quebec Aur Ltd. (the “Target”) pursuant to a share exchange agreement entered into by the Company with the Target and its shareholders dated April 15, 2024, as amended November 14, 2024 (the “Acquisition”).
On November 14, 2024, the Company entered into an amendment to the Agreement, pursuant to which the termination date was extended from August 31, 2024, to February 11, 2025. In addition, on November 13, 2024, the Company received conditional approval from the TSX Venture Exchange to close the Acquisition, subject to satisfying several conditions, including completion...
Woodward Signs Agreement to Divest Its Heavy Duty Gas Turbines Combustion Parts Business Based in Greenville, S.C., to GE Vernova
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORT COLLINS, Colo., Nov. 18, 2024 (GLOBE NEWSWIRE) — Woodward (NASDAQ: WWD), a leader in aerospace and industrial energy control solutions, today announced that it has signed a definitive agreement under which GE Vernova (NYSE: GEV) is to acquire Woodward’s heavy duty gas turbines combustion parts business based in Greenville, S.C. Under the terms of the agreement and subject to meeting all closing terms and conditions, GE Vernova will acquire assets related to the business that are dedicated to supplying parts and services to GE Vernova.
“We are pleased to sign this agreement with GE Vernova,” said Chip Blankenship, Chairman and CEO of Woodward. “This targeted transaction is good for our customer and members and will allow us to focus resources on products that will drive the most value as part of Woodward. I am grateful for...
Interfield Global Software Inc. Enters Into Memorandum of Understanding With Abhi
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) — Interfield Global Software Inc. (CBOE CA: IFSS) (the “Company”) announces that its wholly owned subsidiary, Interfield Software Solutions LLC, has entered into a memorandum of understanding (“MOU”) dated November 15, 2024 with Abhi, a fintech company, to integrate their respective software platforms, Equipment Hound’s platform and Abhi’s software solutions, to offer an enhanced suite of services to clients in the United Arab Emirates, Kingdom of Saudia Arabia include the Middle-East region. This integration is aimed at delivering improved operational efficiency and financial solutions for clients.
The companies aim to integrate and jointly market Abhi financial solutions, including invoice factoring and salary advance options, with Interfield’s Equipment Hound platform,...
2024 Global Electrification Report: Decarbonization Insights for Commercial Fleets
Written by Customer Service on . Posted in Public Companies.
Actionable strategies to reduce fleet carbon emissions include reducing idling, optimizing vehicle and fleet sizes, and deploying low- and zero-emission vehicles.
A robust change management plan can significantly contribute to decarbonization efforts, ensuring stakeholder engagement, policy updates, and effective transition roadmaps.
Light-duty EVs now offer comparable performance and economic advantages compared to traditional ICE vehicles.TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) — Today, Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, together with their Global Alliance partner, Arval, and in collaboration with RMI, released the 2024 Global Electrification Report: Accelerating Fleet Decarbonization. The...
Vital Farms to Participate in Furey Research Partners 11th Annual Hidden Gems Conference
Written by Customer Service on . Posted in Public Companies.
AUSTIN, Texas, Nov. 18, 2024 (GLOBE NEWSWIRE) — Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced that Thilo Wrede, Chief Financial Officer, will participate virtually in the 11th Annual Furey Research Partners Hidden Gems Conference on November 25, 2024.
Thilo Wrede will present, and Jim Furey will host a fireside chat for conference attendees beginning at 10:30 a.m. Eastern Time. To attend the conference, please call Chris Gaito at +1 908-400-3251 or email at CGaito@fureyresearch.com.
The webcast and presentation will be available after the conference under the “Events & Presentations” tab of the Vital Farms Investor Relations site at: https://investors.vitalfarms.com/investor-relations.
ABOUT VITAL FARMS
Vital Farms (Nasdaq: VITL) is a Certified...
Gevo to Participate in Fireside Chat With H.C. Wainwright
Written by Customer Service on . Posted in Public Companies.
ENGLEWOOD, Colo., Nov. 18, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), announced today that Lindsay Fitzgerald, Gevo’s Executive Vice President of Corporate Affairs, and Dr. Eric Frey, Gevo’s Vice President of Finance and Strategy, will participate in a fireside chat with H.C. Wainwright on Wednesday, November 20, 2024 at 4:00pm ET.
Investors and other persons interested in participating in the event must register using the link below.
Registration Link: https://ct.to/UDyHyTL
About GevoGevo’s mission is to convert renewable energy and biogenic carbon into sustainable fuels and chemicals with a net-zero or better carbon footprint. Gevo’s innovative technology can be used to make a variety of products, including sustainable aviation fuel (“SAF”), motor fuels, chemicals, and other materials. Gevo’s business model includes...
BellRing Brands Reports Results for the Fourth Quarter and Fiscal Year 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ST. LOUIS, Nov. 18, 2024 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the fourth fiscal quarter and fiscal year ended September 30, 2024.
Highlights:Fourth quarter net sales of $555.8 million, operating profit of $112.1 million, net earnings of $71.7 million and Adjusted EBITDA* of $116.5 million
Fiscal year net sales of $1,996.2 million, operating profit of $387.7 million, net earnings of $246.5 million and Adjusted EBITDA* of $440.2 million
Generated $199.6 million in cash from operations in fiscal year 2024
Fiscal year 2025 net sales and Adjusted EBITDA* expected to range between $2.24-$2.32 billion and $460-$490 million, respectively*Adjusted EBITDA is a non-GAAP measure. For additional information regarding...
dentalcorp Announces $100 Million Bought Deal Treasury Offering and Secondary Offering of Subordinate Voting Shares
Written by Customer Service on . Posted in Public Companies.
Not for distribution to U.S. newswire services or for dissemination in the United States.
TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) — dentalcorp Holdings Ltd. (“Dentalcorp” or the “Company“) (TSX: DNTL), Canada’s largest and one of North America’s fastest growing network of dental practices, today announced that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”), led by TD Securities Inc., RBC Capital Markets, and Canaccord Genuity Corp. for the sale on a “bought deal” basis of 10,530,000 subordinate voting shares (the “Shares”) of the Company at a price of $9.50 per Share (the “Offering”). The Offering includes a treasury offering of 5,265,000 Shares by the Company for gross proceeds to the Company of approximately $50 million (the “Treasury Offering“)...
Teck Receives Regulatory Approval to Renew Normal Course Issuer Bid
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Nov. 18, 2024 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been informed that the Toronto Stock Exchange (“TSX”) has accepted Teck’s notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares (“Class B Shares”).
Under the normal course issuer bid, Teck may purchase up to 40 million Class B Shares during the period starting November 22, 2024, and ending November 21, 2025, representing approximately 7.9% of the outstanding Class B Shares, or 8.0% of the public float, as at November 8, 2024. 503,097,912 Class B Shares were issued and outstanding as at that date.
Teck will make any purchases through the facilities of the TSX, the New York Stock Exchange or other alternative trading systems in Canada and the United...