Skip to main content

Day: May 16, 2025

Azimut Closes $8.7 Million Private Placement

LONGUEUIL, Québec, May 16, 2025 (GLOBE NEWSWIRE) — Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that on May 16, 2025, it has closed its previously announced non-brokered placement with Centerra Gold Inc. (“Centerra”) (TSX: CG) (NYSE: CGAU) (see press release of April 28, 2025) and has issued 9,935,000 common shares to Centerra for gross proceeds of $5,961,000. Azimut is also pleased to report that on May 16, 2025, it closed a concurrent non-brokered private placement with the following entities, for additional gross proceeds of $2,751,400:Agnico Eagle Mines Limited (“Agnico Eagle”) (TSX: AEM) (NYSE: AEM) and CDPQ Sodémex Inc. (a wholly-owned subsidiary of Caisse de dépôt et placement du Québec (“CDPQ”)), exercised their respective contractual rights to participate in certain...

Continue reading

Titan Machinery Completes Acquisition of Farmers Implement & Irrigation

WEST FARGO, N.D., May 16, 2025 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced that it has completed the acquisition of the dealership assets of Farmers Implement & Irrigation, a two-store New Holland dealership in Brookings and Watertown, South Dakota. The transaction closed on May 15, 2025. For the full calendar year 2024, Farmers Implement & Irrigation generated revenue of approximately $20 million. Bryan Knutson, Titan Machinery Chief Executive Officer, commented, “This acquisition aligns with our strategic growth initiatives and allows us to expand our New Holland presence in the productive eastern South Dakota region. We are honored to build upon the strong foundation that David Gullickson and his family established...

Continue reading

Mr. George J. Coates and son Gregory G. Coates, majority owners of Advanced Hydrogen Power, Ltd. and Coates International Ltd. have signed a contractual agreement on April 2, 2025 to sell both companies for $400,000,000 USD

Wall Township, NJ, May 16, 2025 (GLOBE NEWSWIRE) — The majority owners Mr. George J. Coates, CEO and son Gregory G. Coates, VP of Advanced Hydrogen Power, Ltd. and Coates International Ltd. have signed a corporation’s business sale contractual agreement to sell their two companies and all technologies and patents for $400,000,000 USD. The buyer is a private bank, not disclosed. George and Gregory are to stay with the companies and set up manufacturing operations. The agreement dispersal $300,000,000 to sellers, $75,000,000 to companies for working capital and expansion, and $25,000,000 broker fees. More news coming soon. Please contact us at www.coatesengine.com, info@coatesengine.com, or (732) 449-7717 for more information.

Continue reading

Banco Santander Chile launches new initiatives at commercial strategy event, Santander Day

SANTIAGO, Chile, May 16, 2025 (GLOBE NEWSWIRE) — Yesterday Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) held a new edition of its traditional Santander Day event, with the launch of commercial products and initiatives related to our community and reaffirming its commitment to being present in every moment of people’s and businesses’ lives, and consolidating its identity as a global, accessible, and inclusive bank throughout Chile. There was no discussion of financial results or expectations in this event. Three years after the first Santander Day, this event has become a space to share concrete progress that reflects the Bank’s purpose: to help people and businesses prosper. This has been, in the words of its general manager and country head, Román Blanco, the strategic...

Continue reading

Alvotech Announces the Outcome of the Offering in Connection with the Company’s Listing on Nasdaq Stockholm

Not to be released, published, distributed or circulated in any jurisdiction in which it would be unlawful to do so. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. REYKJAVIK, ICELAND AND STOCKHOLM, SWEDEN (May 16, 2025) — Alvotech (NASDAQ: ALVO, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announces the outcome of the offering of Swedish Depository Receipts (“SDRs”), equity share equivalents, in connection with the Company’s listing on Nasdaq Stockholm (the “Offering”). The Offering attracted strong interest from the general public in Sweden and was multiple times oversubscribed. This will result in more than 3,000 new shareholders for Alvotech....

Continue reading

Embassy Bancorp, Inc. Announces Results of Operations as of and for the Three Months Ended March 31, 2025

BETHLEHEM, Pa., May 16, 2025 (GLOBE NEWSWIRE) — On May 14, 2025, Embassy Bancorp, Inc. (OTCQX: EMYB) (the “Company”) filed its Quarterly Report on Form 10-Q for the period ended March 31, 2025, a copy of which can be found at https://investors.embassybank.com/sec-filings/documents/default.aspx. Highlights of the filing, which includes consolidated financial information of the Company and Embassy Bank For the Lehigh Valley (the “Bank”), the Company’s wholly-owned subsidiary, include:Cash and cash equivalents on hand of $97.9 million at March 31, 2025, or 5.6% of total assets. Deposits of $1.61 billion at March 31, 2025, an increase of $59.0 million from $1.55 billion at December 31, 2024. The Company does not have any brokered deposits. Short term borrowings of $15.6 million at December 31, 2024 were repaid in full on January...

Continue reading

Bessor Announces $125,000 Private Placement Financing and Provides Corporate Update

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, BC, May 16, 2025 (GLOBE NEWSWIRE) — Bessor Minerals Inc. (TSXV:BST) (“Bessor” or the “Corporation”) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 6,250,000 common shares in the capital of Bessor (the “Offered Shares”) at a price of $0.02 per Offered Share, for gross proceeds of up to $125,000 (the “Private ‎Placement”). ‎Bessor intends to complete the Private Placement using available prospectus exemptions under securities laws, including the accredited investor exemption and the close friends, family and business associates exemption. Any investors interested in participating in the Private Placement should contact Bessor pursuant to the contact information...

Continue reading

Marbanc International to Acquire Cars.net Automotive Research Platform

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) — New York Global investment firm Marbanc International has entered into a 30-day exclusive due diligence period to acquire automotive research platform Cars.net. Cars.net was launched in 2021 and helps consumers obtain the best prices for new vehicles whilst simultaneously introducing qualified buyers to automotive dealerships across the United States. The proposed acquisition includes the software, database, intellectual property and coveted Cars.net domain name. Marbanc International plans to expand Cars.net globally via joint venture partners in the automotive industry, with a focus in United States, United Kingdom and Australia. The group has already forged relationships with experienced automotive industry professionals who have expressed interest in formalizing commercial arrangements...

Continue reading

Nasdaq Resumes Trading in Damon Inc.

NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume in Damon Inc. (Nasdaq: DMN) at 9:00 a.m. Eastern Time on May 19, 2025. Trading in the company’s stock was halted on April 29, 2025 at 2:01:07 p.m. Eastern Time. For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site. For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. NDAQO Nasdaq Media Contact:Sophia WeissSophia.Weiss@nasdaq.com

Continue reading

EVS Q1 2025 business update

EVS Q1 2025 business update Despite increasing economic uncertainty, EVS remains cautiously optimistic for 2025Liège, Belgium | May 16, 2025We begin the year 2025 reporting a first quarter slightly below our expectations, primarily due to the deferral of certain customer deliveries from March to April. This timing-related impact does not alter the underlying business momentum. Customer demand remains robust across all regions, providing continued confidence in our full-year guidance. We remain cautiously optimistic about achieving our 2025 revenue objectives though, given the macro-economic tensions, the tariff discussions and the weakening dollar. HighlightsOur underlying metrics support growth in revenue for 1H25 and we remain confident for our full year performance. Revenue achievement for 1Q25 was impacted by some customers...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.