Year: 2024

Key findings from TransUnion report:Number of Canadians with access to credit and total outstanding consumer balances reached new records in the third quarter of 2024, mainly driven by Millennial and Gen Z consumers With an expectation of subsided inflation and lower interest rates, 2025 forecast projects growth in credit activity and improved performanceTORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — More Canadians borrowed and used credit in the third quarter of 2024, as interest rates and inflation continued to decline, pushing the total consumer credit debt to a record $2.5 trillion, a 4.1% year-over-year (YoY) increase, according to TransUnion’s Q3 2024 Credit Industry Insights Report (CIIR). The number of Canadians with at least one credit product rose to 32.2 million, a 3.1% increase YoY, and the number of Canadians with an...

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...