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Day: December 19, 2024

Change in Orion Group Executive Management Board as of 1 June 2025 – Mikko Kemppainen appointed General Counsel

Mikko KemppainenPhoto of Mikko KemppainenORION CORPORATION STOCK EXCHANGE RELEASE – CHANGES BOARD/MANAGEMENT/AUDITORS19 DECEMBER 2024 at 19.00 EET          Change in Orion Group Executive Management Board as of 1 June 2025 – Mikko Kemppainen appointed General Counsel Olli Huotari, Senior Vice President responsible for Corporate Functions organization of the Orion Group and Secretary to the Board of Directors of Orion Corporation, and a member of the Executive Management Board of the Orion Group informed earlier of his decision to leave Orion on 31 May 2025. Mikko Kemppainen has been appointed as General Counsel and Secretary to the Board of Directors of Orion Corporation, and a member of the Executive Management Board of the Orion Group as of 1 June 2025. The appointed General Counsel Mikko Kemppainen will be responsible for...

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Sogeclair: new governance

Blagnac, France, December 19th 2024-6.00pm,Montreal Canada SOGECLAIR: New governance Sogeclair’s Board of Directors has decided to make the following changes, effective on January 6, 2025: – Alexandre ROBARDEY is appointed Chairman of the Board of Directors. – Philippe BREL is appointed Chief Executive Officer of the Group. He succeeds Olivier Pedron. Alexandre ROBARDEY, a lawyer and asset manager, is a graduate of the IFA and joined the Board of Directors in 2020. His appointment makes him the third generation of the Robardey family (65% shareholder in the Group) to hold the position of Chairman of the Board. Philippe BREL, training engineer, has extensive experience in the aerospace and defense sectors, both in France and the United States. His career as Industrial Director, Director of Business Units for major groups...

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Presse release: Jean-Paul Kress to join Sanofi’s Board of Directors

Jean-Paul Kress to join Sanofi’s Board of Directors Paris, December 19, 2024. Sanofi’s Board of Directors is pleased to welcome Jean-Paul Kress as an independent director as of January 1, 2025, replacing Gilles Schnepp who has decided to leave the Board at the end of 2024. Jean-Paul Kress will hold his position for the remainder of Gilles Schnepp’s term of office and his appointment will be subject to ratification at the next Ordinary Shareholders’ Meeting of Sanofi. Jean-Paul Kress, M.D., served as the CEO of MorphoSys from 2019 until it was acquired by Novartis in 2024. He led the company in its mission – More life for people with cancer – and has spearheaded its transformation into a global biopharmaceutical company developing and commercializing novel cancer medicines. Prior to this, Jean-Paul Kress was the...

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Torr Metals Announces Closing of First Tranche of Private Placement; Completes Ground Geophysical Survey at Filion

VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) — via IBN — Torr Metals Inc. (“Torr” or the “Company”) (TSX-V: TMET.V), a mineral exploration company focused on high-quality highway-accessible copper and gold projects in south-central British Columbia and northern Ontario, is pleased to announce the closing of the first tranche (the “First Tranche”) of its previously announced non-brokered private placement (the “Private Placement”) in the Company’s press release on Sept. 17, 2024. Pursuant to the closing of the First Tranche, the Company issued (i) 760,919 flow-through units of the Company (each, a “FT Unit”) at a price of $0.12 per FT Unit, and (ii) 4,010,000 non-flow-through units of the Company (each, a “NFT Unit”) at a price of $0.10 per NFT Unit, for aggregate gross proceeds to the Company of...

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Heading into the Holidays, Mortgage Rates Increase

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 12/19/2024MCLEAN, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.72 percent. “This week, mortgage rates crept up to a similar average as this time in 2023,” said Sam Khater, Freddie Mac’s Chief Economist. “For the most part, mortgage rates have moved between 6 and 7 percent over the last 12 months. Homebuyers are slowly digesting these higher rates and are gradually willing to move forward with buying a home, resulting in additional purchase activity.” News FactsThe 30-year FRM averaged 6.72 percent as of December 19, 2024, up from last week when it averaged 6.60 percent. A year ago at this time, the...

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Asante Announces US$500 Million Gold Forward Purchase Agreement

VANCOUVER, British Columbia, Dec. 19, 2024 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces that its subsidiary Asante Gold Bibiani Ltd. (“Asante Bibiani”), which owns the Bibiani mine, has entered into an agreement with Fujairah Holdings LLC (“Fujairah”) for the forward sale of US$500 million in gold which will provide US$100 million of financing to the Company on a revolving basis over a period of approximately two years (the “Gold Forward Agreement”) on terms described below. Dave Anthony, President and CEO stated, “We are pleased to announce this Gold Forward Agreement with Fujairah, a strategic and foundational partner for Asante. This Agreement will enable us to immediately accelerate the ramp-up of mining activities and completion of the...

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VoIP-Pal Announces Filing of Amended Complaint in Antitrust and RICO Lawsuit

WACO, Texas, Dec. 19, 2024 (GLOBE NEWSWIRE) — VoIP-Pal.com Inc. (OTCQB: VPLM) today announced the filing of an amended complaint to the original complaint filed in October 2024, in Civil Action No. 1:21-cv-03051-RDM, currently pending in the United States District Court for the District of Columbia. This latest filing represents a significant escalation in the company’s legal efforts to address alleged antitrust violations, breaches of federal law, and racketeering activities that VoIP-Pal believes have caused harm to the company. The amended complaint names Verizon, AT&T, T-Mobile, along with several of their directors and members of their management teams, as defendants. “Our amended complaint builds on our commitment to seeking justice for the harm VoIP-Pal has endured due to alleged antitrust violations and other...

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YSX TECH. CO., LTD Announces Closing of Its Initial Public Offering and Full Exercise of Underwriter’s Over-Allotment Option

Guangzhou, Dec. 19, 2024 (GLOBE NEWSWIRE) — YSX TECH. CO., LTD (the “Company” or “YSXT”), a Cayman Islands exempted company that, through its variable interest entities in China, provides comprehensive business solutions mainly for insurance companies and brokerages in China, today announced the closing of its initial public offering (the “Offering”) of 1,250,000 Class A ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share for total gross proceeds of approximately $5,000,000, before deducting underwriting discounts and other offering expenses. The Offering closed on December 19, 2024(the “Closing Date”), and the Ordinary Shares commenced trading on Nasdaq Capital Market on December 18, 2024, under the ticker symbol “YSXT”. On the Closing Date, the Company also closed the sale of an additional 187,500...

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ONWARD Medical Receives FDA De Novo Classification and US Market Authorization for World’s First Non-Invasive Spinal Cord Stimulation System for People with Chronic Spinal Cord Injury

THIS PRESS RELEASE CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE (7)(1) OF THE EUROPEAN MARKET ABUSE REGULATION (596/2014) ARC-EX System is the first and only FDA approved technology shown to improve hand strength and sensation after chronic spinal cord injury ARC-EX System is an FDA Breakthrough Device and 2024 TIME Magazine Best Invention EINDHOVEN, the Netherlands, Dec. 19, 2024 (GLOBE NEWSWIRE) — ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announced that it has received de novo classification and authorization to market its ARC-EX System from the US Food and Drug Administration (FDA). “With today’s FDA de novo classification and authorization to market the ARC-EX System...

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Storion Energy Announced as New Safekeeper of its Held Vanadium Units; Anticipates Increased Demand for Leased Vanadium Electrolyte

TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) — Largo Physical Vanadium Corp. (“LPV” or the “Company“) (TSX.V: VAND) (OTCQX: VANAF) is pleased to announce that following the closing of the transaction between Largo Inc.’s (“Largo”) (NASDAQ, TSX: LGO) subsidiary, Largo Clean Energy Corp. (“LCE”) and affiliates of Stryten Energy LLC (“Stryten”), the newly created Storion Energy, LLC (“Storion”) will assume the role of safekeeper for LPV’s held vanadium units previously managed by LCE. Storion’s assumption of the safekeeper role for LPV’s held vanadium units aligns with the Company’s strategy to expand its presence in the rapidly growing long-duration energy storage (“LDES”) market through its unique offering of leased vanadium required for cost-efficient deployment of vanadium flow batteries. Storion Energy, a joint...

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