Day: November 20, 2024

Austin, TX, Nov. 20, 2024 (GLOBE NEWSWIRE) — Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has partnered with LTK, one of the largest domestic full service influencer platforms. Shortly after the commencement of our partnership, we received interest from their influencer network with respect to our Sundry, Stateside, and Avo brands. We believe this shows the opportunity to scale our consumer outreach through the LTK network. The first influencer videos for our Sundry, Stateside, and Avo brands will launch next week, and we have already shipped the first round of products to the influencers we selected for the launch. “We believe this will increase the awareness of our brands amongst consumers, which we hope will drive revenue growth. LTK is a scalable...

  Fjárhagsáætlun Sveitarfélagsins Árborgar fyrir árið 2025 og þriggja ára áætlun fyrir tímabilið 2026 – 2028 var lögð fram í bæjarstjórn Árborgar til fyrri umræðu í dag miðvikudaginn 20. nóvember 2024. Gert er ráð fyrir að seinni umræða og afgreiðsla fjárhagsáætlunar í bæjarstjórn verði miðvikudaginn 4. desember 2024. Fjárhagsáætlun sem nú liggur fyrir til fyrri umræðu gerir ráð fyrir að rekstrarniðurstaða samstæðunnar að meðtöldum samstarfsverkefnum, án afskrifta og fjármagnsliða sé jákvæð um 2.854 m.kr. Afskriftir eru áætlaðar 1.087 m.kr., fjármagnskostnaður er áætlaður 1.661,4 m.kr. Heildarniðurstaða samstæðunnar er því jákvæð um 105,2 m.kr.  Áætlunin gerir ráð fyrir að samanlagðar tekjur A og B hluta verði 20.597,8 m.kr. á árinu 2025. Heildarlaunakostnaður er áætlaður 10.742 m.kr. sem er 52% af heildartekjum og 72% af skatttekjum....

OSLO, Norway (20th November 2024) – TGS ASA (“TGS” or the “Company”), a global leader in energy data and intelligence, today announced that it has priced its offering (the “Offering”) of $550 million aggregate principal amount of 8.50% Senior Secured Notes due 2030 (the “Notes”) at a price equal to 100.0% of the aggregate principal amount thereof. Interest will be payable semi-annually. In connection with the Offering, the Company has also announced that it has entered into new super senior secured credit facilities, which include (i) a revolving credit facility permitting borrowings of up to $150 million, (ii) one or more guarantee facilities, which may be utilized by way of issue of letters of credit, bank guarantees and bid and performance bonds of up to $20 million (which may be expanded up to $30 million under certain circumstances)...

Dovre Group Plc                                  Inside information                         November 20, 2024, at 9.40 pm Negative profit warning: Dovre Group Plc will raise its 2024 guidance for revenue and lower its 2024 guidance for operating profit Dovre Group Plc will raise its 2024 guidance for revenue and lower its 2024 guidance for operating profit. New guidance for 2024: Dovre Group’s revenue is expected to be in the range of 210-220 MEUR and operating profit (EBIT) is expected to be in the range of -1.5 MEUR and -2.0 MEUR. Previous guidance for 2024 (released April 18, 2024): Dovre Group’s revenue is expected to be in the range of 185-210 MEUR and the operating profit (EBIT) is expected to be in the range of 2-4 MEUR. The reason for the raised guidance in revenue is due to higher net sales in Project Personnel segment and the...

OSLO, Norway (20 November 2024) – Further to announcement by TGS ASA (“TGS”) on 20 November 2024, TGS’ subsidiary, Petroleum Geo-Services AS, has today given a conditional notice of exercise of its option to redeem all outstanding bonds under the Petroleum Geo-Services AS 13.50% Senior Secured USD 450,000,000 Bond Issue (PGEOS01) with ISIN NO0012873670 (the “Bonds”). The Bonds will be redeemed at a price equal to 109.5% of the face value for each redeemed Bond, which constitutes the Make-Whole Amount under the Bonds. In accordance with the terms of the Bonds, the settlement date for the call is expected to be 5 December 2024. Further reference is made to the attached conditional notice from Nordic Trustee AS for additional information. For more information, visit TGS.com or contact:  Bård Stenberg IR & Communication Mobile:...

OTTAWA, Ontario, Nov. 20, 2024 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, will hold a video webcast at 8:30 a.m. Eastern Time on Tuesday, November 26, 2024, to discuss results for the three-month and annual periods ended September 30, 2024. The results will be released before markets open on Tuesday, November 26, 2024. Interested participants from the financial and media community should join the live presentation by going to the Calian website and clicking on the Investors section to find the video webcast link or directly via the following URL: https://www.icastpro.ca/ay2nih A replay of the video webcast will be available on the same link a few hours following the conclusion of the webcast. About...

Over 9 months of 2024, Grigeo Group AB company group (hereinafter – the Group), consisting of Grigeo Group AB, Grigeo Packaging UAB, Grigeo Baltwood UAB, Grigeo Klaipėda AB, Mena Pak AT, Grigeo Recycling UAB, Grigeo Recycling SIA, Grigeo Paper Packaging UAB, Grigeo Tissue UAB, Grigeo Hygiene UAB, Grigeo Tissue sp. z o.o and Energia Cieplna Niedomice sp. z o.o achieved the consolidated sales turnover of EUR 158.2 million. It is by EUR 8.7 million more than over respective period of 2023. Over the reporting period, the Group earned EUR 16.7 million profit before taxes, which is by EUR 7.4 million less than in the same period in 2023. Earnings before interest, taxes, depreciation, and amortization (EBITDA) of the Group, if compared with 9 months of 2023, decreased by EUR 7.4 million and reached EUR 23.7 million. The following table summarizes...

SKEL’s Board of Directors has approved the granting of stock options to certain employees, covering up to 10,801,254 shares in the company. The stock option agreements are designed to align the long-term interests of the company and its employees. The terms of the agreements comply with the stock option plan and remuneration policy approved at the company’s Annual General Meeting on 7 March 2024. At this meeting, shareholders authorized the Board of Directors to grant stock options to employees, excluding key management personnel who had already received stock options under the stock option plan approved at the Annual General Meeting on 10 March 2022.The exercise price of the stock options is ISK 16.956 per share, which reflects the weighted average trading price of the company’s shares on Nasdaq Iceland over the ten full...

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) is pleased to report a US$27,000,000 settlement has been reached with the United Republic of Tanzania (“Tanzania”) in the dispute arising out of the expropriation of Montero’s Wigu Hill rare earth element project (“Wigu Hill”). The settlement sum of US$27,000,000 (approximately CDN $38,000,000) due to Montero is payable in just over 3 months, with payments scheduled as follows:US$12,000,000– payable by 20 November 2024 –PAYMENT RECEIVED US$8,000,000– on or before 31 January 2025 US$7,000,000– on or before 28 February 2025The settlement sum represents ~39% of the US$70,000,000 initially claimed by Montero. This settlement obviates the need for a costly and time-consuming hearing, the risk of an adverse award,...

The new facility will enhance service efficiency and reduce transit times for shippers. JOHNS CREEK, Ga., Nov. 20, 2024 (GLOBE NEWSWIRE) — Saia Inc. (NASDAQ: SAIA) is pleased to announce that Saia LTL Freight opened its newest terminal in Warren, Michigan, this week. The new facility will provide enhanced service to customers in the Warren market through reduced transit times and more efficient freight handling. “We’re excited to expand our Michigan operations from five facilities to six with this new terminal in Warren,” said Executive Vice President of Operations Patrick Sugar. “This addition strengthens our ability to deliver faster and reliable service for customers, ensuring that we can meet the growing demand for quality freight solutions in the Midwest.” The Warren terminal is part of Saia’s strategic growth plan and commitment...