Day: November 26, 2024

DALLAS, Nov. 26, 2024 (GLOBE NEWSWIRE) — Beneficient (the “Company”) (Nasdaq: BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) that it has regained compliance with the Stockholders’ Equity Requirement under Nasdaq Listing Rule 5550(b)(1) and the Audit Committee Requirement under Nasdaq Listing Rule 5605(c)(2). As a result, the Company’s securities will continue to be listed and traded on Nasdaq. For more information, visit www.trustben.com or follow on LinkedIn. About BeneficientBeneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors −...

VANCOUVER, British Columbia, Nov. 26, 2024 (GLOBE NEWSWIRE) — First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (“First Atlantic” or the “Company”) is pleased to announce that it has submitted applications for new additional drill permits to significantly expand the drilling program at the RPM Zone, located 25 km south of the Atlantic Lake area. The Company plans to construct a shorter, more efficient direct access route to the RPM Zone, enabling year-round access and accommodating heavier drill rigs capable of deeper and faster drilling, particularly during winter months. These initiatives aim to accelerate the exploration and delineation of the RPM Zone, building on the success and encouraging visual observations of large-grained, visible awaruite mineralization in the initial drill holes. Highlights:Expanding...

In an effort to reach an agreement acceptable to parties, AUGA group, AB (hereinafter – the Company) is conducting consultations with the holders of green bonds (ISIN LT0000404238). These consultations aim to exchange positions and expectations, which the Company will strive to address to the best of its ability.  Based on the principal understandings identified during the consultations thus far, the Company included in the proposed restructuring plan of AUGA group, AB, published on 22 November, 2024, a provision that settlements with bondholders could be completed by 31 December, 2026. Additionally, the proposed plan stipulates that the settlements may be facilitated through the sale of assets owned by the Company’s subsidiaries, which have been pledged in favor of the bondholders.  Contacts:  CFO of AUGA group, AB  Kristupas Baranauskas  +370...

VANCOUVER, BC, Nov. 26, 2024 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. (“AMERICAN SALARS” OR THE “COMPANY”) (CSE: USLI, OTC: USLIF, FWB: Z3P, WKN: A3E2NY) announces it has engaged an exploration team to conduct a Phase 1 program on its 100% owned 3,958 acre Lac Simard Lithium Project in Quebec, Canada. The Phase 1 exploration and reconnaissance will be specifically focused on the Lac Simard Nord block directly contiguous to Sayona Mining Limited’s (ASX: SYA) (“Sayona”) “Tansim” Project which hosts the Viau-Dallaire and Viau Showings estimated by Sayona as having the potential to contain between 5 to 25 million tons of Li20 @ 1.2-1.3%.Sayona and Piedmont Limited (NASDAQ: “PLL”) (“Piedmont”) recently announced a merger to create a USD $623 million (CAD $870 Million) lithium giant1 after announcing...

Siili Solutions Plc updates its long-term financial targets for 2025-2028 Siili Solutions Plc Stock exchange release 26 November 2024 at 09:30 EET The Board of Directors of Siili Solutions Plc has approved updated financial targets for years 2025-2028. Financial targets remain the same, but the target period will be longer. Previously the financial targets were set for the years 2025-2026. Financial targets 2025-2028Annual revenue growth of 20 percent, of which organic growth accounts for about half Adjusted EBITA 12 percent of revenue Net debt-to-EBITDA < 2 The aim is to pay a dividend corresponding to 30–70 percent of net profit annually“The overall state of the IT service market has remained challenging, and recovery of the markets is taking longer than expected. We are committed to keeping our financial targets...

26 November 2024, 08:30 CET ArcelorMittal is today providing an update on its decarbonization plans in Europe. The Company has previously announced the intention to invest in lower carbon emissions “hydrogen ready” DRI-EAF facilities to replace several blast furnaces across our European business, as a key strategic first step towards reducing emissions. In all cases, the host countries offered funding support for these projects, with the approval of the European Commission. These projects were premised on a favourable combination of policy, technology and market developments that would facilitate decarbonization investment by helping offset the significantly higher capital and operating costs that this transition strategy would involve. This included being able to use natural gas until green hydrogen became competitive. However European...

Raised EUR 50 million in new capital with cornerstone investment from Ottobock, now the Company’s top investor Signed exclusive license with CEA to develop and commercialize WIMAGINE Brain-Computer Interface (BCI) as part of the Company’s investigational ARC-BCI System Rob ten Hoedt, former Medtronic President and Executive Committee member, joined Board of Directors as incoming Chairman EINDHOVEN, the Netherlands, Nov. 26, 2024 (GLOBE NEWSWIRE) —  ONWARD Medical N.V. (Euronext: ONWD), a medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today provided a Q3 2024 Business Update. “We secured EUR 50 million in additional capital, added Ottobock as a strategic investor and partner, and gained exclusive rights to...

Sampo plc, stock exchange release, 26 November 2024 at 8:30 am EET Sampo plc’s share buybacks 25 November 2024 On 25 November 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows:                Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)  4,303 39.99 AQEU          38,422 40.00 CEUX  245 40.02 TQEX  51,141 40.01 XHELTOTAL 94,111 40.01  *rounded to two decimals                 On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. On 16 September 2024, the Board of Directors...

Press ReleaseNokia and du conclude successful transport network slicing trial in UAENokia network slicing technology will help du tailor segments customized to user needs. The first of its kind in the region, the live transport network slicing deployment will cater to specific requirements for bandwidth, latency, and reliability.26 November 2024Dubai, United Arab Emirates – Nokia today announced that it has successfully completed a network slicing trial with du, the leading telecom and digital services provider. This trial is the UAE’s first live transport slicing deployment which will allow the service provider to operate a variety of network services that cater to different needs while remaining within the existing network infrastructure. Network slicing allows operators to flexibly allocate resources for optimal performance and...