Year: 2024

CALGARY, Alberta, Nov. 01, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (PEI: TSX-V; OF6B: FRA) (“Prospera” or the “Corporation“) Prospera announces the opportunistic appointment of Mr. Shubham Garg as Chairman of the Board of Directors. Previous Chairman, Mr. Mel Clifford has stepped down from the Board of Directors for personal reasons, effective October 31, 2024. The Board and Prospera express their sincere gratitude to Mr. Clifford for his dedication and contributions to PEI’s restructuring efforts out of bankruptcy. The board and the principal investors of Prospera have unanimously approved Mr. Garg as the Chairman of the Board, recognizing his extensive knowledge of the public oil & gas market, his influential connections within financial industry, and his sound understanding of oil and...

Hamilton, Bermuda. November 1, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refer to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd for $1,050 million. The sale of the Very Large Gas Carrier (“VLGC”) fleet was agreed to be settled with approximately $585 million of cash, novation of approximately $132 million of debt obligations under a sale leaseback agreement with the remainder being settled in 19.282 million shares in BW LPG where the parties agreed a fair value of such compensation at $333 million or a Net Asset Value basis of $17.25 per share. The overall book gain from the transaction was estimated to be $315 million of which $10 million was assumed to be depreciation savings as all vessel depreciation was discontinued on August 15, 2024, when the sale of the ships was announced....

Amsterdam and Dubai, 1 November 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, (“VEON” or the “Company” or together with its subsidiaries, the “Group”), announces that today it has filed its 2023 Dutch Annual Report, including audited consolidated financial statements for the year ended 31 December 2023 prepared in accordance with International Financial Reporting Standards as adopted by the European Union and with Part 9 of Book 2 of the Dutch Civil Code (the “Statutory Financial Statements”), with the Dutch Authority for the Financial Markets (“AFM”). A copy of the Company’s 2023 Dutch Annual Report can be found on the Financial Results section of VEON website at https://www.veon.com/investors/#tab-item-104.   About VEONVEON is a global digital operator provides converged connectivity and digital...

Oslo, 1 November 2024: In the third quarter, Scatec reported proportionate revenues of NOK 2.42 billion (2.37 billion), with an EBITDA of NOK 1.52 billion (0.89 billion). Scatec’s power plants generated 1,254 GWh in the quarter, up from 1,047 GWh in the same quarter last year on a proportionate basis, mainly driven by new plants in operation. Power production revenues were NOK 1.77 billion (1.04 billion) and EBITDA ended at 1.54 billion (0.81 billion). The increase was mainly driven by an accounting gain from the divestment in South Africa and strong contributions from the Philippines and Ukraine. The Development & Construction (D&C) segment delivered revenues of NOK 631 million from the construction of Grootfontein in South Africa and the Mmadinare project in Botswana, with a solid gross margin of 12%. In Tunisia, the 120 MW...

Trifork Group AGCompany announcement no. 39/2024Schindellegi, Switzerland – 1 November 2024Interim Financial Report for the third quarter ending 30 September 2024 Trifork Group reports -0.8% revenue growth in the core business, adjusts full year-outlook, and targets around EURm 10 in annual cost savings to improve marginsCEO Jørn Larsen comments on the third quarter:“2024 has proven to be one of Trifork’s most challenging years. The private sector business environment for many of the services we provide remained difficult and unpredictable through the third quarter, but we cannot only blame the market. Some of our units have struggled to secure new customers or new engagements with existing customers. This will be fixed, based on the ways of working of our well-performing units. We underestimated the negative margin impact...

BETHESDA, Md., Oct. 31, 2024 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced that Susan G. Riel, President and Chief Executive Officer and Eric R. Newell, Executive Vice President and Chief Financial Officer will participate the 2024 Hovde Group Financial Services Conference on November 7-8, 2024, and will hold a series of meetings with institutional investors. Management discussion materials to be used at this conference are posted on the investor section at Eagle Bancorp’s Investor Relations website at https://ir.eaglebankcorp.com. About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda,...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (“Eloro” or the “Company”) (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced non-brokered private placement offering (the “Offering”), the Company has closed the second and final tranche of the Offering of 4,200,000 units of the Company (the “Units”) at $0.90 per Unit for gross proceeds of $3,780,000. The Offering included a lead order from the Company’s largest shareholder and strategic investor, Crescat Capital LLC. Each Unit consists of one common share of the Company (a “Common Share”) and one-half of one common share...

TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”) and has issued an aggregate of 27,100,000 units (“Units”) at an issue price of $0.05 per Unit and 12,900,000 “flow-through” shares (“FT Shares”) at an issue price of $0.05 per FT Share for aggregate gross proceeds of $2,000,000. Each Unit is comprised of one common share (“Common Share”) and one Common Share purchase warrant (“Warrant”), with each Warrant entitling the holder thereof to acquire one Common Share, to be issued on a non-flow though basis, at a price of $0.10 until October 31, 2027, but subject to accelerated expiry terms following the four month and a day hold period (as further described below). If the Common...

New York, NY, Oct. 31, 2024 (GLOBE NEWSWIRE) — Newbury Street II Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, November 1, 2024, under the ticker symbol “NTWOU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to...