Day: December 11, 2024

TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.H) is pleased to announce the results of its Annual and Special Meeting of unitholders (the “Meeting“), held on December 4, 2024. All items of business were approved by the unitholders at the Meeting, namely:Incumbent directors David Barclay, Christopher MacIntyre and William C. Steers were re-elected as directors of Jade Power Administrator Inc., the corporate administrator of the Trust (the “Administrator”);Unitholders appointed BDO Canada LLP as auditor of the Trust for the upcoming year and authorized the directors of the Administrator to fix the remuneration of the auditor;Unitholders approved the Trust’s adoption of a new trust unit option plan (the “Option Plan”), which is described in the information circular...

Luxembourg – 11 December 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial1 contract for a subsea tieback development in the US Gulf of Mexico. Subsea7’s scope of work includes the engineering, procurement, construction, and installation (EPCI) of subsea equipment, including structures, umbilicals, production risers, and flowlines. Project management and engineering work will start immediately at Subsea7’s office in Houston, Texas, with offshore activities expected to begin in 2026. Craig Broussard, Senior Vice President of Subsea7 Gulf of Mexico, said, “We are proud to be part of this high-pressure deepwater subsea tieback development. This project builds on our strong track record of successfully delivering oil and gas projects in the deepwater Gulf of Mexico.”Subsea7 defines...

NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ: VLY) (“Valley”), the holding company for Valley National Bank (the “Bank”), announced that Thomas A. Iadanza has notified the Company of his intention to retire from his position as President effective June 30, 2025. Mr. Iadanza has led a distinguished 45-year career in banking including over the last 13 years at Valley. In his role as President, Mr. Iadanza has helped to lead Valley’s growth efforts and evolution to a leading regional bank. Mr. Iadanza joined Valley through the 2012 acquisition of State Bancorp, Inc. (“State”) where he served as Chief Lending Officer. Prior to joining State, Mr. Iadanza held leadership roles at Santander Bank, N.A., Independence Community Bank Corp., Citibank, and European American Bank. Ira Robbins, Chairman and Chief...

LONDON, Ontario, Dec. 11, 2024 (GLOBE NEWSWIRE) — Aduro Clean Technologies Inc. (“Aduro” or the “Company”) (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21ˢᵗ century, today announced that the underwriters of its underwritten U.S. public offering (the “Offering”) have, for a second time, partially exercised their over-allotment option to purchase an additional 22,470 common shares at the public offering price of US$4.25 per share. After giving effect to the partial exercise of the over-allotment option, the Company sold an aggregate 1,063,647 common shares for gross proceeds of approximately US$4.52 million, before deducting underwriter discounts and other related expenses....

Luxembourg – 11 December 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that Seaway7, part of the Subsea7 Group, has signed a vessel reservation agreement with Dogger Bank Offshore Wind Farm1 for the transportation and installation of turbines for the Dogger Bank project, offshore the UK. Offshore works are expected to commence in 2026. This represents additional work for Seaway7 at this development, where it is currently installing monopile foundations and transition pieces. The value related to this substantial2 agreement will be recognised in backlog in the fourth quarter.Dogger Bank Offshore Wwind Farm is a joint venture partnership between SSE Renewables (40%), Equinor (40%) and Vårgrønn (20%). Subsea7 defines a substantial contract as being between $150 million and $300 million*******************************************************************************Subsea7...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, announces that it will be consolidating all of the issued and outstanding common shares of the Company (“Common Shares”) on the basis of one (1) post consolidation Common Share for each twenty (20) pre consolidation Common Shares (the “Consolidation”). The Corporation’s board of directors set December 23, 2024, as the effective date of the Consolidation. It is expected that trading of the Common Shares on a post-Consolidation basis on the TSX Venture...

Southfield, MI, Dec. 11, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas, announces several upcoming changes to its Board of Directors (the “Board”) as part of its ongoing refreshment strategy. Arthur A. Weiss informed the Board that he will retire from the Board on December 31, 2024, Stephanie W. Bergeron informed the Board that she will not stand for re-election to the Board at the Company’s 2025 Annual Meeting of Shareholders, and Clunet R. Lewis informed the Board that he intends to retire from the Board no later than the Company’s 2026 Annual Meeting of Shareholders. Each of Mr. Weiss, Ms. Bergeron and Mr. Lewis will...

 Millicom (Tigo) updates on Interim Dividend and intended SDR delisting from Nasdaq Stockholm Luxembourg, December 11, 2024 – Millicom International Cellular S.A. (“Millicom” or the “Company”), today announced further details regarding the payment of the Interim Dividend and the intended delisting of SDRs from Nasdaq Stockholm, including removal as from January 13, 2025 of certain fees for conversions of SDRs to Millicom U.S. Shares traded at Nasdaq U.S.. Update on dates relating to the Interim Dividend As announced on November 29, 2024, Millicom’s Board of Directors (the “Board”) approved the distribution of an interim dividend payment of $1.00 per share (the “Interim Dividend”) to be paid on January 10, 2025 (“Payment Date”). Other important dates relating to the Interim Dividend are as follows:Record date. The Interim Dividend...