Day: November 27, 2024
FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024
Frontline plc (the “Company”, “Frontline,” “we,” “us,” or “our”), today reported unaudited results for the three and nine months ended September 30, 2024:
HighlightsProfit of $60.5 million, or $0.27 per share for the third quarter of 2024.
Adjusted profit of $75.4 million, or $0.34 per share for the third quarter of 2024.
Declared a cash dividend of $0.34 per share for the third quarter of 2024.
Reported revenues of $490.3 million for the third quarter of 2024.
Achieved average daily spot time charter equivalent earnings (“TCEs”)1 for VLCCs, Suezmax tankers and LR2/Aframax tankers in the third quarter of $39,600, $39,900 and $36,000 per day, respectively.
Sold its oldest Suezmax tanker, built in 2010, for a net sales price of $48.5 million and...
Galantas Report Financial Results for the Quarter Ended September 30, 2024
Written by Customer Service on . Posted in Public Companies.
TORONTO, Nov. 27, 2024 (GLOBE NEWSWIRE) — Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) (the ‘Company’) is pleased to announce its unaudited financial results for the Quarter ended September 30, 2024.
Financial Highlights
Highlights of the third quarter 2024 results, which are expressed in Canadian Dollars, are summarized below:All figures denominated in Canadian Dollars (CDN$)
Quarter EndedSeptember 30
2024
2023Revenue
$
0
$
0Cost and expenses of operations
$
(22,283)
$
(24,728)Loss before the undernoted
$
(22,283)
$
(24,728)Depreciation
$
(110,126)
$
(135,597)General administrative expenses
$
(1,174,156)
$
(858,600)Foreign exchange gain (loss)
$
(26,553)
$
(294,430)Unrealized gain on derivative fair value adjustment
$
592,489
$
0Net (Loss) for the quarter...
Prospera Energy Inc. Announces Q3 2024 Financial Results
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, Nov. 27, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (PEI: TSX-V; OF6B: FRA) (“Prospera” or the “Corporation“)
Prospera Energy Inc. (TSXV: PEI) (“Prospera” or the “Company”) is pleased to announce its operating and financial results for the three and nine months ended September 30th, 2024. Selected financial and operating information should be read in conjunction with Prospera’s unaudited consolidated financial statements and related management’s discussion and analysis (“MD&A“) for the three and nine months ended September 30, 2024. These filings are available on SEDAR+ at www.sedarplus.ca.
Financial & Operational Highlights(expressed in $, except number of shares)
Q3 2024
Q3 2023
YTD 2024
YTD 2023
P&NG sales revenue
4,727,708
3,920,428
13,807,274
8,524,001
Income...
Hydro Capital Markets Day 2024: Accelerating the green aluminium transition
Written by Customer Service on . Posted in Public Companies.
Hydro is advancing on its 2030 strategy to seize opportunities from the green transition, driving growth in aluminium recycling and extrusions, and executing on renewable power generation and sustainability ambitions. These topics will be key for Hydro’s Capital Markets Day 2024.
Key highlightsLaunching new improvement program to deliver NOK 6.5 billion in improvements by 2030
Improvement efforts to strengthen Recycling and Extrusions execution towards 2030, reconfirming 2030 adjusted EBITDA potential despite market challenges
Battery and Havrand businesses to be phased out
Hydro REDUXA and Hydro CIRCAL sales increasing by more than 20 percent in 2024, amid weak European and North American markets, building capabilities for future contributions with partners
Reconfirming 2025 and medium-term annual capex guiding of NOK 15 billion, with...
Idorsia enters into exclusive negotiations for global rights to aprocitentan
Written by Customer Service on . Posted in Public Companies.
Ad hoc announcement pursuant to Art. 53 LRCompany enters into exclusive negotiations with an undisclosed party for global rights to aprocitentan
Company to streamline the business, resulting in cost containment – consequently, approximately 270 positions globally could become redundant
Company plans to restructure its outstanding debtAllschwil, Switzerland – November 27, 2024Idorsia Ltd (SIX: IDIA) today announced that it has entered into exclusive negotiations with an undisclosed party for the global rights to aprocitentan. Idorsia will receive an exclusivity fee of USD 35 million, which extends Idorsia’s cash runway into 2025. The potential agreement under discussion could include an upfront payment, additional milestone payments, and tiered royalties on sales in return for the transfer of global rights to aprocitentan and certain...
Novartis Kisqali® receives European Commission approval in a broad population of patients with HR+/HER2- early breast cancer at high risk of recurrence
Written by Customer Service on . Posted in Public Companies.
Approval is based on Phase III NATALEE data showing Kisqali® (ribociclib) plus adjuvant endocrine therapy (ET) demonstrated clinically meaningful invasive disease-free survival (iDFS) benefit in patients with stage II or III HR+/HER2- early breast cancer (EBC), consistent across all subgroups1,2With this broad indication, nearly twice as many EBC patients in Europe, including those with node-negative disease, could now be eligible for treatment with Kisqali to help reduce their risk of recurrence3Despite ET, more than one-third of people diagnosed with stage II and III EBC will experience a return of their cancer in the long term, often as incurable advanced disease4,5Recently presented four-year analysis of the ongoing NATALEE trial showed a deepening iDFS benefit after completion of three-year treatment period6Basel, November...
Avance Gas Holding Ltd: Key information relating to the dividend for the third quarter 2024
Written by Customer Service on . Posted in Public Companies.
Hamilton, Bermuda. November 27, 2024
Key information relating to the dividend to be paid by Avance Gas Holding Ltd. for the third quarter 2024:
Dividend amount: $3.50Declared currency: USDLast day including right: December 9, 2024Ex-date: December 10, 2024Record date: December 11, 2024Payment date: December 23, 2024Date of Approval: November 26, 2024
For further queries, please contact: Randi Navdal Bekkelund, CFO Email: IR@avancegas.com Tel: +47 23 11 40 00
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Avance Gas Holding Ltd: Third Quarter 2024 Earnings Release
Written by Customer Service on . Posted in Public Companies.
Hamilton, Bermuda. November 27, 2024 – Avance Gas Holding Ltd (OSE: AGAS) (“Avance Gas” or the “Company”) today reports unaudited results for the third quarter 2024.
HIGHLIGHTSThe average Time Charter Equivalent (TCE) rate on a discharge-to-discharge basis was $38,700/day, compared to $50,100/day in the second quarter of 2024. For reference our guidance was 79% of days booked at $41,400/day.
TCE/day on a load-to-discharge basis was $41,900/day, compared to $46,700/day in the second quarter of 2024.
For the third quarter, we had Time Charter (TC) coverage of ~25% at an average TCE rate of $42,500/day and spot voyages covering ~75% at $35,700/day, resulting in an average fleet TCE of $37,400/day, excluding Forward freight Agreements (FFA) gains of $1.4million or $1,300/day.
Net profit for the third quarter...
Changes in the Board of Directors of Feintool International Holding AG as of the upcoming Annual General Meeting
Written by Customer Service on . Posted in Public Companies.
This is an ad hoc announcement pursuant to Article 53 of the Listing Rules (LR)of the SIX Exchange Regulation AG
Alexander von Witzleben resigns as Chairman of the Board of Directors and steps down as a member of the Board at the Annual General Meeting at the end of April 2025. The Board of Directors recommends the current Vice Chairman Norbert Indlekofer as his successor and Matthias Holzammer as a new member.
For his longstanding commitment to Feintool and its further development, the Board of Directors would like to thank Alexander von Witzleben. He has been Chairman of the Board of Directors since 2009 and served as interim CEO of the Feintool Group for one year. Alexander von Witzleben has been a member of the company’s Board of Directors since 1998.
Norbert Indlekofer has been a member of the Board of Directors of Feintool...
Lottery.com Inc. Receives Expected Notice from The NASDAQ Stock Market LLC Pertaining to its Form 10-Q of September 30, 2024
Written by Customer Service on . Posted in Public Companies.
FORT WORTH, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) — On November 20, 2024, Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed the Form 10-Q for the period ended September 30, 2024 with the SEC, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires timely filing of all required periodic financial reports with the SEC.
Additionally, the Notice indicated that under the Nasdaq Listing Rules, the Company may submit a plan to regain compliance with the Listing Rule within 60 days and, following receipt of such plan, Nasdaq may grant, at its sole discretion, an extension of 180 calendar days from the Form 10-Q due date or May 19, 2025,...