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Month: August 2025

EnWave Reports 2025 Third Quarter Consolidated Interim Financial Results

VANCOUVER, British Columbia, Aug. 22, 2025 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today reported the Company’s consolidated interim financial results for the third quarter ended June 30, 2025. All values in thousands and denoted in CAD unless otherwise stated.Reported revenue for Q3 2025 of $2,744, an increase of $122 relative to the comparable period in the prior year. During the period, there was the completed fabrication of a large-scale 120kW REV™ machine for Procescir of Mexico and the initial fabrication of two 60kW REV™ machines sold to Microdried, EnWave’s longest standing royalty partner. Reported royalty revenues for Q3 2025 of $431, an increase of $6 relative to the comparable period in the prior year. Royalties grew due to the increased number...

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Worldline : S&P Global ratings downgrade

Following S&P Global Ratings’ decision to move Worldline’s credit rating to BB, the Group confirms its continued focus on financial discipline Paris, La Défense, August 22, 2025 – Worldline [Euronext: WLN], a global leader in payment services, notes S&P Global Ratings’ downgrade of its credit rating. On Friday 22, August 2025, following H1’25 results publication, S&P Global Ratings has taken the action to downgrade Worldline rating. S&P Global Ratings’ adjusted long-term credit rating of Worldline is at BB with a negative outlook (from BBB-, negative outlook) and short-term credit rating at B (from A-3). Worldline has taken note of this decision and would like to point out that:This decision has no impact on its current funding, debt maturities and marginal cost impact 2025/2026 refinancing needs are already fully...

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St. James Gold Announces Closing of the Final Release and Settlement Agreement

Vancouver, British Columbia, Aug. 22, 2025 (GLOBE NEWSWIRE) — St. James Gold Corp. (the “Company” or “St. James”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has closed the Final Release and Settlement Agreement with Florin Resources Inc. (“Florin”) originally announced on April 1, 2025 (the “Settlement Agreement”). Under the terms of the Settlement Agreement, the Company was reassigned two secured promissory notes of the Company held by Florin with a combined principal amount of $1,176,598.76 (the “Secured Promissory Notes”). The consideration for the settlement was as follows:The cash payment of $435,000 to Florin;The issuance of a total of 2,105,264 common shares of the Company for debt to Florin at a deemed price of $0.095 Per Share that closed concurrently with the Settlement Agreement;The...

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Hudson Global and Star Equity Holdings Announce Closing of Merger

Combined Company Well Positioned to Leverage its Increased Size, Diversified Revenue Streams, and Improved Profitability OLD GREENWICH, Conn., Aug. 22, 2025 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, and Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star”), a diversified holding company, announced today the completion of their previously announced merger (“the Merger”), forming a larger, diversified holding company. Both companies received stockholder approval to complete the Merger at their respective stockholders’ meetings held on August 21, 2025. The common stock of Hudson Global will continue to trade under the symbol “HSON.” The Hudson Global 10% Series A Cumulative Perpetual Preferred Stock will begin trading on the Nasdaq...

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Hudson Global and Star Equity Holdings Announce Closing of Merger

– Combined Company Well Positioned to Leverage its Increased Size, Diversified Revenue Streams, and Improved Profitability – OLD GREENWICH, Conn., Aug. 22, 2025 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, and Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star”), a diversified holding company, announced today the completion of their previously announced merger (“the Merger”), forming a larger, diversified holding company. Both companies received stockholder approval to complete the Merger at their respective stockholders’ meetings held on August 21, 2025. The common stock of Hudson Global will continue to trade under the symbol “HSON.” The Hudson Global 10% Series A Cumulative Perpetual Preferred Stock will begin trading on the Nasdaq...

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Árshlutauppgjör Íslandshótela hf. fyrir fyrstu sex mánuði ársins 2025

Rekstur Íslandshótela stöðugur á milli ára Árshlutauppgjör Íslandshótela hf. fyrir fyrstu sex mánuði ársins 2025 Stjórn Íslandshótela hf. staðfesti á fundi sínum í dag, föstudaginn 22. ágúst 2025, samstæðuárshlutareikning félagsins fyrir tímabilið 1. janúar til 30. júní 2025. Árshlutareikningur félagsins hefur nú verið birtur. Helstu lykiltölur fyrstu sex mánaða 2025 miðað við sama tímabil 2024:Rekstrartekjur námu 6.477,8 m.kr. (2024: 6.691 m.kr.) EBITDA nam 688,7 m.kr. (2024: 735 m.kr.) Tap eftir skatta nam 1.146,8 m.kr. (2024: 1.201,2 m.kr.) Bókfært eigið fé í lok júní 2025 var 24.599,2 m.kr. (árslok 2024: 25.746,0 m.kr.) Eiginfjárhlutfall í lok tímabilsins var 37,8% (árslok 2024: 36,3%)Á fyrstu sex mánuðum ársins 2025 komu 955 þúsund ferðamenn til landsins samanborið við 963 þúsund á sama tímabili...

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Hudson Global Declares Partial Cash Dividend for its 10% Series A Cumulative Perpetual Preferred Stock

OLD GREENWICH, Conn., Aug. 22, 2025 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON, HSONP) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today that its Board of Directors declared a partial cash dividend of $0.025 per share to holders of the Company’s 10% Series A Cumulative Perpetual Preferred Stock (“Hudson Preferred Stock”). This dividend covers the period commencing with the Hudson Preferred Stock’s issuance on August 22, 2025. The record date for this dividend is September 1, 2025, and the payment date is September 10, 2025. This Hudson Global partial dividend is in addition to the partial cash dividend of $0.225 per share, declared on August 8, 2025, by Star Equity Holdings, Inc. (“Star”) to holders of its 10% Series A Cumulative Perpetual Preferred Stock (“Star Preferred...

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CleanCore Solutions, Inc. (ZONE) Reports Record Revenue for the Fiscal Fourth Quarter and Full Year 2025

Fourth Quarter U.S. Revenue Exceeds $1.1 Million; Full Year Revenue Increases 29% to $2.1 Million Omaha, NE, Aug. 22, 2025 (GLOBE NEWSWIRE) — CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), a developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, today announced financial results for the fiscal fourth quarter and full year ended June 30, 2025, and provided a business update. Recent Business Highlights:Record U.S. Revenue: Achieved $1.1 million in U.S. revenue for the fourth quarter, representing the Company’s first quarter surpassing $1 million in sales. Large Purchase Order Progress: In June, the Company received a $1.37 million purchase order from a major U.S. customer. Of this, $876,000 was shipped and invoiced in Q4, with $491,000...

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SOLOWIN Launches Dubai Operations Center, Accelerating Expansion in UAE Market Following Saudi Layout

HONG KONG, Aug. 22, 2025 (GLOBE NEWSWIRE) — via IBN — Solowin Holdings (NASDAQ: SWIN) (“Solowin” or the “Company”), a leading financial services firm providing comprehensive solutions across traditional and digital assets,  today announced the official launch of its Dubai Operations Center and the commencement of its application for a Category 3C asset management license from the Dubai International Financial Centre (DIFC), one of the world’s most advanced financial centers  and the leading financial hub for the Middle East. This move follows Solowin’s recently disclosed strategic collaboration with CITIC Construction on August 20, 2025, to develop financial technology infrastructure in Saudi Arabia, further underscoring the Company’s accelerating expansion across the Middle East region of compliant financial services. Solowin...

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Horizon Aircraft Provides Business Update and Fourth Quarter and Full Year 2025 Results

TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) — New Horizon Aircraft (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon” or the “Company”), an advanced aerospace engineering company and developer of one of the world’s first hybrid electric Vertical Take-Off and Landing (VTOL) aircraft, today provided its business update and financial results for the fourth quarter and year ended May 31, 2025. Highlights include the following:One of the world’s first ever successful fan-in-wing forward transition flights in May 2025 with the Company’s large-scale prototype aircraft; Strong balance sheet with 18+ months of liquidity; Efficient approach to commercialization resulting in significantly reduced aircraft development costs relative to other eVTOL organizations; World-class talent acquisition with the additions of Thomas Brassington,...

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