Day: February 18, 2025
CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) — Sitka Power Inc. (“Sitka Power” or “the Company”) is pleased to announce the successful acquisition of a portfolio of operating renewable electricity generation and battery energy storage assets from Saturn Power Inc. (“Saturn Power”). The transaction was by way of acquisition of Saturn Power’s limited partnership units and general partnership shares in certain limited partnership entities. These partnerships own and operate approximately 39 megawatts of wind, solar, and battery storage assets located in Ontario and Saskatchewan. Output from the projects is sold under long-term contracts to creditworthy counterparties, providing long-term, stable cash flows to the Company.
Trevor White, President and CEO of Sitka Power, highlighted the strategic importance of the acquisition, stating,...
ValOre Proposes Acquisition of South Atlantic Gold to Create a 99,924 Hectare Precious Metals District in Ceara State, Brazil
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”) (TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0) and South Atlantic Gold Inc. (“South Atlantic”) (TSX-V: SAO), today announced that the companies entered into an arm’s length binding letter agreement (the “LOI”) on February 14, 2025, whereby ValOre will acquire all of the issued and outstanding common shares in the capital of South Atlantic (the “South Atlantic Shares”) and other securities of South Atlantic (the “Proposed Transaction”). In accordance with the terms of the LOI, ValOre will acquire the South Atlantic Shares in consideration of the issuance of an aggregate of 38,500,000 common shares in the capital of ValOre (the “ValOre Shares”), equating to approximately CAD$2.7M (based on the closing price of ValOre Shares on February 14, 2025)....
Fiverr Unveils Fiverr Go, a Visionary AI Platform that Puts Creators Front and Center
Written by Customer Service on . Posted in Public Companies.
Fiverr Go is built to empower creators to scale their businesses exponentially while maintaining full creative rights; Fiverr also announces an industry-first equity program giving top freelancers shares in the company’s futureFiverr GoA New Era of Human CreativityNEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) — Fiverr (NYSE: FVRR) today announced the launch of Fiverr Go, a groundbreaking AI platform that fundamentally reimagines the relationship between human creativity and artificial intelligence. As AI increasingly harvests creative work without compensation or recognition, Fiverr Go introduces a sustainable, human-centric model that protects and amplifies creator rights while helping them scale their businesses.
In an era where AI tools often exploit human creativity without proper attribution or compensation, Fiverr sees...
Highland Copper to Present at Upcoming Events
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Feb. 18, 2025 (GLOBE NEWSWIRE) — Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland” or the “Company”) is pleased to announce that Barry O’Shea, Highland Copper’s CEO, will attend and present at the following conferences:
Emerging Growth Conference (Virtual)Date: Tuesday, February 18, 2025Time: 1:45 – 2:15 PM ETLink: https://goto.webcasts.com/starthere.jsp?ei=1696664&tp_key=a17d7ff4c2&sti=hdrsf
Mines and Money Miami (Miami)Date: February 20 and 21, 2025Stand: D15Presentation: February 21, 2025 @ 11:50am – 12:00pmAvailable for 1×1 meetings
BMO Global Metals & Mining Conference (Hollywood, FL)Date: February 23 to 26, 2025Available for 1×1 meetings
Red Cloud’s Pre-PDAC 2025 Mining Showcase (Toronto)Date: February 27 to 28, 2025Presentation: February 27, 2025 @ 1:40pm...
Sarasota’s $150M Living Vogue Real Estate Firm Joins eXp Realty
Written by Customer Service on . Posted in Mergers And Acquisitions.
Luxury boutique brokerage moves 50 agents to the eXp Luxury division with plans to expand within eXp’s innovative model
BELLINGHAM, Wash., Feb. 18, 2025 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), is proud to announce that Living Vogue Real Estate, one of Sarasota, Florida’s most high-energy and stylish real estate firms, has joined eXp Realty. The firm generated $150 million in sales in 2024.
The transition marks a major move in the region’s luxury real estate market, as Living Vogue’s leaders, Mark Coppens and Matt Hickey, will be joined by 50 agents with others expected to move in the next few weeks. Coppens and Hickey look to scale their business while maintaining the boutique culture that made their...
Vicat – FY 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Organic sales growth of + 2.3%, despite a difficult environment in Europe
EBITDA of €783 million, with a margin of 20.2%
EBITDA up 25.8% in the United States to €190 million
26.7% growth in free cash flow to €373 million
Further debt reduction with leverage at 1,6x(In millions of euros)
2024
2023
Changereported
Change lfl*Consolidated sales
3 884
3 937
-1.3%
+2.3%EBITDA
783
740
+5.9%
+10.1%Margin rate (%)
20.2%
18.8%
+1.4 pts
Current EBIT
457
433
+5.7%
+11.3%Margin rate (%)
11.8%
11.0%
+0.8 pts
Consolidated net income
290
295
-1.8%
+6.1%Margin rate (%)
7.5%
7.5%
+0.0 pts
Net income, Group share
273
258
+5.5%
+11.9%Margin rate (%)
7.0%
6.6%
+0.4 pts
Free cash flow
373
295
+26.7%
*at constant consolidation scope and exchange rates
Guy Sidos, Chairman and Chief Executive Officer, said:
“In...
EVS reports 2024 results
Written by Customer Service on . Posted in Public Companies.
EVS reports 2024 results
EVS Achieves Record Revenue for Fourth Consecutive Year in 2024, Celebrating 30 Years of SuccessLiège, Belgium | February 18, 20252024 marks a significant milestone in the history of EVS, as we achieved a new revenue record for the fourth consecutive year. We keep demonstrating our ability to achieve topline growth and strong profit performance. In 2024, we celebrated 30 years of innovation and success with customers around the world. Our PlayForward strategy continues to deliver results in line with our 2030 growth ambitions.
Full-year HighlightsRevenue comes in at EUR 198.0 million, a growth of 14.3% vs. FY23, at the high-end of our guidance.
Strong gross margin performance, combined with well-monitored operating expenses lead to an EBIT of EUR 45.0 million generating a 22.7% EBIT margin. The EBIT performance...
Burgundy Diamond Mines announces an innovative diesel fuel offtake agreement with a subsidiary of Macquarie Bank Ltd
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) — Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) is pleased to announce the successful completion of a fuel offtake agreement for 2025 between its subsidiary and a subsidiary of Macquarie Bank Ltd (“Macquarie”) with a replicable structure that has the potential to be a multi-year arrangement.
Due to the remote Arctic location of Burgundy’s cornerstone Ekati mine, an inventory resupply campaign is conducted annually via the Tibbitt to Contwoyto Winter Road, typically over an eight-week period. As a result, the majority of Ekati’s annual procurement cash outflows occur over several short months resulting in working capital challenges each year.
Through this new agreement, Macquarie owns the diesel in the Ekati fuel tanks and supplies diesel to Ekati as it is required....
Orocidin QR-01 Shows a Good Safety Profile in Preclinical Toxicity Study
Written by Customer Service on . Posted in Public Companies.
BEVERLY HILLS, California, Feb. 18, 2025 (GLOBE NEWSWIRE) — Orocidin A/S (“Orocidin”), a subsidiary of Nordicus Partners Corporation (OTCQB: NORD) (“Nordicus” or the “Company”), a financial consulting company specializing in supporting Nordic and U.S. life sciences companies in establishing themselves in the U.S. market, has successively completed its first toxicity study for QR-01, a novel treatment for aggressive periodontitis.
In the study, Orocidin dosed hamsters over a 2-week period with a concentration 5-8 times higher than the planned dose for the upcoming pilot efficacy study in patients.
“We are pleased to report that all animals exhibited high tolerance to the drug, with no adverse reactions and irritation at the buccal application site. No significant side effects were observed and more importantly, the necroscopic cross...
VINCI Autoroutes and VINCI Airports traffic in January 2025
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Nanterre, 18 February 2025
VINCI Autoroutes and VINCI Airports traffic in January 2025
I- Change in VINCI Autoroutes’ intercity networks traffic
January
% change 2025/2024VINCI Autoroutes
+9.5%Light vehicles
+9.7%Heavy vehicles
+8.5%The strong growth in traffic, for both light and heavy vehicles, is mainly due to a low base for comparison. It should be remembered that traffic on VINCI Autoroutes‘ networks was severely disrupted by farmers’ blockades from 22 January 2024.
II- Change in VINCI Airports passenger traffic1
January
% change 2025/2024VINCI Airports
+9.2%Portugal (ANA)
+6.0%United Kingdom
+7.0%France
+7.8%Serbia
-1.3%Hungary
+17%Mexico (OMA)
+9.5%United States of America
-5.9%Dominican Republic (Aerodom)
-11%Costa Rica
+4.7%Chile (Nuevo Pudahuel)
+5.9%Brazil
+7.1%Japan...