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Day: July 23, 2025

Blue Gold Limited to Acquire 90% of Mampon Gold & Copper Mine, unlocking Major Resource Upside

The transaction would represent a strategic upside and diversification into gold and copper assets with a $35 per share premium; providing a strong valuation and expected resource growth supported by significant drilling potential and existing reserves NEW YORK, NY, July 23, 2025 (GLOBE NEWSWIRE) — Blue Gold Limited (Nasdaq: BGL) (“Blue Gold” or the “Company”), a next-generation gold development and technology company, is pleased to announce it has signed a non-binding term sheet with FGR Bogoso Prestea Limited to acquire 90% of the Mampon Gold Mine, a high-grade gold and copper deposit located in Ghana’s world-renowned Ashanti Gold Belt. There can be no assurance that any transaction will be consummated on the terms set forth in the non-binding term sheet or at all. If consummated, this acquisition would strengthen...

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Rapala VMC Corporation’s Half Year Report H1/2025: Sales and Profitability Improved

RAPALA VMC CORPORATION, Half year financial report, July 23, 2025 at 3:00 p.m. EEST January-June (H1) in briefNet sales were 125.5 MEUR, up 4% from previous year (120.5). With comparable exchange rates sales were 5% up from previous year. Operating profit was 9.1 MEUR (11.2). Comparable operating profit* was 8.6 MEUR (6.2). Earnings per share (non-diluted) was 0.02 EUR (0.07). Cash flow from operations was 6.2 MEUR (18.2). Inventories were 82.2 MEUR (84.7). Short-term outlook: The Group expects 2025 full year comparable operating profit* to increase from 2024.* Excluding mark-to-market valuations of operative currency derivatives and other items affecting comparability. Other items affecting comparability include material restructuring costs, impairments, gains and losses on business combinations and disposals, insurance compensations...

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Remote Monitoring and Control Provider Acorn Approved for Listing on Nasdaq Capital Market

WILMINGTON, Del., July 23, 2025 (GLOBE NEWSWIRE) — Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for backup power generators, gas pipelines and air compressors, today announced that its common stock has been approved for listing on the Nasdaq Capital Market, and that it expects its shares to commence trading on the Nasdaq Capital Market on Thursday, July 24, 2025. The ticker symbol for its common stock, ACFN, will remain unchanged. Acorn’s uplisting to Nasdaq is intended to increase visibility, liquidity and investor access to its common stock. Acorn CEO, Jan Loeb, commented: “Acorn has emerged as a technology and service leader in remote monitoring and control solutions for backup generators and other industrial equipment. We continue to build our base of recurring monitoring revenue through...

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United Community Banks, Inc. Reports Second Quarter Earnings

Margin Expansion, Stable Credit Quality, and Disciplined Expense Control Drive Results GREENVILLE, S.C., July 23, 2025 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NYSE: UCB) (United) today announced net income for the second quarter of 2025 of $78.7 million and pre-tax, pre-provision income of $112.3 million. Diluted earnings per share of $0.63 for the quarter represented an increase of $0.09 from the second quarter a year ago and an increase of $0.05 from the first quarter. On an operating basis, United’s diluted earnings per share of $0.66 were up 14% from the year-ago quarter. The primary drivers of the increased earnings per share year-over-year were higher net interest income and lower provision for credit losses, partly offset by a modest increase in noninterest expenses and lower noninterest income. United’s return...

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Stock Yards Bancorp Reports Record Second Quarter Earnings of $34.0 Million or $1.15 Per Diluted Share

Highlighted by Strong Loan Growth and Net Interest Margin Expansion LOUISVILLE, Ky., July 23, 2025 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings of $34.0 million, or $1.15 per diluted share, for the second quarter ended June 30, 2025. This compares to net income of $27.6 million, or $0.94 per diluted share, for the second quarter of 2024. Strong loan and deposit growth contributed to record second quarter 2025 operating results.       (dollar amounts in thousands, except per share data) 2Q25 1Q25 2Q24Net income $ 34,024   $ 33,271   $ 27,598  Net income per share, diluted   1.15     1.13     0.94         Net...

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Volatus Aerospace Launches Condor XL Heavy-Lift Drone Program

TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB), a Canadian leader in aerial intelligence and cargo solutions, is pleased to announce the launch of its Condor XL heavy-lift drone program. Drawing on decades of helicopter operations experience, in-house avionics capabilities, and a renewed focus on rotorcraft-specific training, the company is introducing a next-generation platform designed to meet global demand for autonomous, heavy-lift drone solutions. The timing of this program aligns closely with recent public addresses by Prime Minister Mark Carney, speaking on behalf of the Canadian government, outlining a national commitment to increased defense spending and the development of sovereign manufacturing capabilities. Volatus believes the Condor XL program directly supports...

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Form 8.3 – [MARLOWE PLC – 22 07 2025] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree MARLOWE PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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Southern Michigan Bancorp, Inc. Announces Second Quarter 2025 Earnings

COLDWATER, Mich., July 23, 2025 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced second quarter 2025 net income of $3,238,000, or $0.70 per share, an increase of $750,000, or 30.14%, compared to net income of $2,488,000, or $0.55 per share, for the second quarter of 2024. For the first six months of 2025, Southern earned $6,284,000, or $1.36 per share, an increase of $1,118,000, or 21.64%, compared to net income of $5,166,000, or $1.14 per share, for the same six-month period one year ago. The annualized return on average assets for the six-month periods ended June 30, 2025, and June 30, 2024, was 0.81% and 0.71%, respectively. The annualized return on average equity was 11.31% for the first six months of 2025 compared to 10.34% for the first six months of 2024. The tax equivalent net interest margin...

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Rogers Communications Reports Second Quarter 2025 Results

Rogers delivers strong results and completion of transformational investments in the second quarterReports growth in revenue and adjusted EBITDA in Wireless, Cable, and Media and delivers strong free cash flow Significantly accelerated deleveraging with completion of equity investment transaction by leading institutional investors Becomes majority owner of Maple Leaf Sports & EntertainmentDelivers positive financial performance in competitive marketTotal service revenue and adjusted EBITDA up 2% Both Wireless service revenue and adjusted EBITDA up 1% Cable service revenue up 1%; Cable adjusted EBITDA up 3% Media revenue up 10% driven by expanded media content and strong NHL playoff audiences on Sportsnet Free cash flow of $925 million1, up $260 million or 39% year-over-yearStrong and disciplined market share performance...

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Fidelity D & D Bancorp, Inc. Reports Second Quarter 2025 Financial Results

DUNMORE, Pa., July 23, 2025 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and six-month periods ended June 30, 2025. Unaudited Financial Information Net income for the quarter ended June 30, 2025 was $6.9 million, or $1.20 diluted earnings per share, compared to $4.9 million, or $0.86 diluted earnings per share, for the quarter ended June 30, 2024.  The $2.0 million, or 40%, increase in net income resulted primarily from a $2.8 million increase in net interest income coupled with a $0.8 million increase in non-interest income. This was partially offset by a $1.1 million increase in non-interest expense and a $0.6 million increase in the provision for income tax. For the...

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