Day: February 21, 2025

CALGARY, Alberta, Feb. 21, 2025 (GLOBE NEWSWIRE) — Carbeeza Inc. (“Carbeeza” or the “Company“) (TSXV:AUTO) (OTCQB: CRBAF) today announced that it intends to complete a non-brokered private placement of up to 25,000,000 units (each, a “Unit”) at a price of $0.05 per Unit for gross proceeds of up to $1,250,000 (the “Offering”). Each Unit will consist of one common share of the Company and one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.15 for a period of 24 months from issuance. All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day. Completion of the Offering is subject to a number of conditions, including...

ROBESONIA, Pa., Feb. 21, 2025 (GLOBE NEWSWIRE) — Blaqclouds, Inc. (OTC: BCDS), a pioneering technology holding company specializing in blockchain solutions, is pleased to announce the appointment of Nicholas Stover as its new Chief Marketing Officer (CMO). In this role, Stover will lead the company’s marketing strategies, driving growth and expanding the reach of Blaqclouds’ innovative platforms and services. Nicholas Stover brings over two decades of experience in marketing and operations, having held executive positions including Chief Marketing Officer, Chief Operating Officer, General Manager, and Director of Social Media for a Division I NCAA Athletic Department. In 2016, he co-founded Shark Jockey, a full-service agency dedicated to guiding business owners, influencers, and athletes through complex marketing challenges....

Press Release – Paris, February 21st, 2025 Danone and NGOs ClientEarth, Surfrider Foundation Europe and Zero Waste France end the legal proceedings concerning Danone’s vigilance plan regarding plastic Following the mediation process ordered by the Judicial Court of Paris before which the three NGOs had brought legal proceedings against Danone on January 9, 2023, an agreement between the parties has been reached to end the proceedings concerning DANONE’s vigilance plan. This agreement involves reinforcing the vigilance plan, which now gives a more detailed description of the consequences of the use of plastic packaging and sets out in detail all the actions that Danone is implementing in this respect (such as reducing, reusing, recycling, and recovering plastic packaging), in line with the objectives defined in relation to its status as...

KPN’s Supervisory Board nominates Mr Gerard van de Aast and Ms Jolande Sap for reappointment to the Supervisory Board. Both nominations will be submitted for voting at the Annual General Meeting of Shareholders (AGM) on 16 April 2025. Mr Gerard van de Aast has been a member of the Supervisory Board since 2021 and is its chair since 2022. The Supervisory Board appreciates his stable and clear chairmanship style and his constant commitment to the company, and therefore proposes to reappoint Mr Van de Aast for a second four-year term. Ms Jolande Sap has been a member of the Supervisory Board since 2015 and currently chairs the ESG Committee. Her knowledge and commitment to making business more sustainable has been very valuable to KPN over the past ten years. The Supervisory Board emphasizes the importance of sustainability as part of KPN’s...

LONDON, Feb. 21, 2025 (GLOBE NEWSWIRE) — Amid growing uncertainty over Trump’s tariff policies and concerns surrounding gold market volatility, physical gold flows, and pricing disparities, Philip Smith, Chief Executive, StoneX Group, recently appeared on Sky News Arabia’s morning business segment sharing his insights on the subject. Smith also pointed to a major pricing disconnect between New York futures contracts and the London OTC physical market. He believes that the major disconnect—ranging from $25 to $30 an ounce, compared to the December high of $60—has been affecting the market’s overall efficiency. This divergence is fueled by a lack of clarity from the new administration over tariffs. Smith also noted a significant surge in physical gold moving into the United States over the past two months. “What we’ve seen in the...

The Competition Authority has announced that a settlement has been reached with Landsbankinn regarding the acquisition of 100% of TM tryggingar’s share capital from Kvika bank. As a result, the conditions in the purchase agreement related to the approval of the Financial Supervisory Authority of the Central Bank of Iceland and the Competition Authority have been lifted. The transfer of the insurance company to Landsbankinn is scheduled for February 28, at which time Landsbankinn will pay Kvika bank the agreed purchase price. As stated in Kvika bank’s announcement on May 30, 2024, the agreed purchase price is ISK 28.6 billion, based on TM’s balance sheet at the beginning of 2024. The final purchase price will be adjusted to reflect changes in TM’s tangible equity from the beginning of 2024 until the closing date. Following the receipt of...

16:25 London, 18:25 Helsinki, 21 February 2025 – Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR) PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA Stock Exchange Release The Board of Directors of Afarak Group SE (“Company”) estimates, that the EBITDA for the full year 2024 is at around 2.6 Million Euro, which represents a decrease of 85% compared to 2023. Furthermore, the turnover for the full year 2024 is expected to be at around 128.6 Million Euro which represents a decrease of 16.3% In the Interim financial release H1 2024 published on 16 August 2024, the company stated the following expectations: We wish to provide our shareholders an update about these: OUTLOOK FOR THE SECOND HALF OF 2024  On the low carbon ferro-chrome side, the sanctions against Russian material will only be fully...

CORR* ATTACHEMENT ENCLOSED Oslo, 21 February 2025 Reference is made to the offer document dated 21 January 2025 issued by Blue Northern BLK Ltd. in respect of the recommended voluntary cash tender offer (the “Offer“) to acquire all issued and outstanding shares (the “Shares“) of Belships ASA (“Belships” or the “Company“) against a cash consideration of NOK 20.50 per Share (the “Offer Price“). Reference is further made to the stock exchange announcement on 21 February 2025 regarding the fulfilment of the closing condition relating to “Minimum Acceptance” under the Offer. The following members of the Company’s board of directors (the “Board“) and executive management, and close associates of them, have accepted the Offer at the Offer Price for all...

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The Icelandic Competition Authority has approved the purchase by Landsbankinn of all share capital in TM tryggingar hf., with a condition set out in a settlement between the Bank and the Authority. Under the terms of the settlement, Landsbankinn agrees that special terms on insurance from TM will not be contingent upon a customer’s wages being paid to an account with the Bank. The condition of the purchase agreement for regulatory approval has thereby been satisfied. The Bank expects to assume ownership of TM following settlement with Kvika Bank hf. on 28 February 2025.  The purchase price, as provided for in the purchase agreement signed in May 2024, is ISK 28.6 billion and is based on the balance sheet of TM as at the beginning of 2024. The final purchase price is subject to a closing adjustment based on changes to the tangible equity...