Month: January 2025
VANCOUVER, British Columbia, Jan. 15, 2025 (GLOBE NEWSWIRE) — Stearman Resources Inc. (CSE:STMN) (“Stearman” or the “Company”) announces that it has entered into an option agreement to acquire a 100% interest in the Brassie Creek Property, consisting of 9 mineral claims covering 1,862 hectares, located 48 kilometres (km) west of Kamloops, British Columbia, prospective for copper, gold and silver.
The Property is located in a prolific copper producing area, including being 15 kms away for Teck Resources’ Highland Valley Copper Mine, the largest open-pit mine in Canada. Highland Valley has been producing copper, gold and molybdenum since 1962. The New Afton Mine is located 36 km east of the Property producing copper and gold since 2012 and Getty Copper’s Getty North prospect is located 17 km south of the Property.
The Property has...
Fingerprint Cards AB (publ) announces certain preliminary financial information related to the fourth quarter 2024
Written by Customer Service on . Posted in Public Companies.
In connection with Fingerprint Cards AB’s (publ) (“Fingerprints” or the “Company”) previously announced partially guaranteed issue of units consisting of new shares of series B (“B-shares”) and warrants entitling for subscription of B-shares with preferential rights for its existing shareholders (the “Rights Issue”), the Company plans to publish a prospectus on 23 January 2025 in which Fingerprints intends to include certain preliminary figures related to the fourth quarter 2024. Against this background, Fingerprints hereby announces certain preliminary financial information as of 31 December 2024.
Fingerprints announces the following preliminary figures for the fourth quarter 2024. The preliminary figures have not been audited or reviewed by the Company’s auditor. Fourth quarter results reflect the continued execution of the transformation...
Jotul AS postpones payment of interest under its senior secured floating bonds amid discussions with a large group of bondholders
Written by Customer Service on . Posted in Public Companies.
Due to Jøtul AS’s (the “Issuer“) current financial situation, the Issuer hereby informs that it will until further notice postpone the interest payment due on 15 January 2025 under the Issuer’s outstanding senior secured floating rate bonds (ISIN: NO0013106666) (the “Bonds“). In addition, the Issuer also informs that it will until further notice postpone the contemplated listing of the Bonds on a regulated market that pursuant to the terms and conditions of the Bonds shall be completed within one year after the first issue date of the Bonds (being 15 January 2024).
The Issuer is working closely together with its main shareholder to find and implement a long-term viable solution for the Issuer. Subject to a commercial agreement between all parties, the Issuer will communicate such solution as soon as...
UAB “Atsinaujinančios energetikos investicijos” publishes its NAV for December 2024
Written by Customer Service on . Posted in Public Companies.
At the end of December 2024, the net asset value (NAV) of UAB “Atsinaujinančios energetikos investicijos” decreased to EUR 98,222,908, which compared to the previously determined NAV at the end of September 2024 amounted to EUR 110,652,666.
The share price decreased to EUR 1.6745, which compared to the previously determined share price at the end of September 2024 amounted to EUR 1.8865. The pro-forma internal rate of return (IRR) since inception decreased to 2.31%, which compared to the previously announced IRR at the end of September 2024 amounted to 6.73%.
Contact person for further information:
Grėtė Bukauskaitė
Manager of the Investment Company
grete.bukauskaite@lordslb.lt
www.lordslb.lt/AEI_green_bonds
Schneider Electric champions greater adoption of sustainable technology ahead of the World Economic Forum Annual Meeting in Davos
Written by Customer Service on . Posted in Public Companies.
– More collaboration and innovative technologies essential for combining business and environmental goals, company claims- Company executives, including CEO, to participate in cross-sector meetings and panel discussions
Rueil-Malmaison, France, Jan. 15, 2025 (GLOBE NEWSWIRE) — Schneider Electric, the global leader in energy management and automation, and recognized sustainability leader, will play an active role at the World Economic Forum Annual Meeting 2025 (WEF), advocating for more collaboration to increase uptake of energy technologies and automation solutions.
The annual meeting gathers global leaders from all sectors to address the world’s most urgent challenges. This year, it emphasizes stronger collaboration to address geopolitical dynamics, while stimulating growth and stewarding a just energy transition. Schneider...
Enefit Green production data – December and Q4 2024
Written by Customer Service on . Posted in Public Companies.
Enefit Green produced 261.1 GWh of electricity in December 2024, which is 92% more than in the same period last year. During Q4 as a whole, electricity production reached 687.4 GWh, exceeding last year’s result by two thirds and the forecast published in the Q3 interim report by 6.5%. During 2024 as a whole, Enefit Green produced 1.88 TWh of electricity, which is 40% more than in 2023.
During 2024, Enefit Green’s team focused on achieving stable operation of wind and solar farms that have been under construction. In H1 2024, availability was stabilised at the new Šilale II and Akmene wind farms in Lithuania and the Tolpanvaara wind farm in Finland. In the fourth quarter, the Sopi-Tootsi wind farm and the Sopi solar farm in Estonia started producing electricity. The share of new wind and solar farms in Enefit Green’s Q4 production...
TGS Awarded 4D Streamer Campaign Offshore Norway
Written by Customer Service on . Posted in Public Companies.
OSLO, Norway (15 January 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce award of four 4D streamer contract acquisition projects, three in the North Sea and one in the Barents Sea. The 4D campaign in the North Sea is scheduled to commence in early Q2 with back-to-back scheduling and a total duration of approximately 130 days. The 4D contract in the Barents Sea is scheduled to commence in late May with a total duration of approximately 50 days.
Kristian Johansen, CEO of TGS, commented, “We are very pleased to secure a series of 4D streamer contracts offshore Norway for the 2025 summer season. Our GeoStreamer technology combined with the Ramform acquisition platform ensures efficient delivery of high-quality data. We are experiencing higher demand for contract work on the Norwegian Continental...
Net Asset Value of EfTEN Real Estate Fund AS share as of December 31, 2024, and Preliminary Financial Results for 2024
Written by Customer Service on . Posted in Public Companies.
Comment from Fund Manager Viljar Arakas
Despite a challenging economic environment, EfTEN Real Estate Fund AS successfully increased both total rental income and EBITDA in 2024. The fund’s portfolio expanded with the addition of two new logistics properties, and we are planning to grow in the care home segment. EfTEN Real Estate Fund AS is primarily a dividend share. For 2024, we have set the goal to distribute dividends of €1.10 per share, which corresponds to 5.7% of yesterday’s closing share price.
The fund’s management intends to increase the leverage of investment properties where the current loan-to-value (LTV) ratio has decreased significantly below the guidelines of the fund’s financing policy. While the leverage ratio for real estate funds in Europe is on average approximately 50% of the market value of assets, EfTEN Real Estate...
Bureau Veritas – statement
Written by Customer Service on . Posted in Mergers And Acquisitions.
PRESS RELEASE
Paris – January 15th, 2025
STATEMENT
Following recent media commentary, Bureau Veritas indicates that it is in discussions with SGS regarding a potential business combination. There can be no assurance that these discussions will result in a transaction or other agreement.
Bureau Veritas will not comment further and will only communicate in due course, if and when applicable.
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About Bureau Veritas Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for customers’ excellence and sustainability, the company innovates to help them navigate change.Created in 1828, Bureau Veritas’ 83,000 employees deliver services in 140 countries. The company’s technical...
Velan Inc. Reports Strong Fiscal 2025 Third Quarter Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Significant profitability improvement driven by solid execution on robust order backlog¹
MONTREAL, Jan. 15, 2025 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its third quarter ended November 30, 2024. All amounts are expressed in U.S. dollars unless indicated otherwise.
On January 14, 2025, the Company announced that it has entered into an agreement (the “Asbestos Divestiture Agreement”) with an affiliate of Global Risk Capital (the “Buyer”) to permanently divest its asbestos-related liabilities (the “Asbestos Divestiture Transaction”). Global Risk Capital is a long-term liability management company specializing in the acquisition and management of legacy corporate liabilities. The Asbestos Divestiture Transaction will...
