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Stockholder Notice: Robbins LLP Informs Stockholders of Joint Stock Company Kaspi.kz of the Class Action Lawsuit
Prnewswire· 2024-12-21 03:00
SAN DIEGO, Dec. 20, 2024 /PRNewswire/ -- Robbins LLP informs investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Joint Stock Company Kaspi.kz (NASDAQ: KSPI) securities between January 19, 2024 and September 19, 2024. Kaspi.kz has a subsidiary called Kaspi Bank, which it has described as "one of the largest and systematically important financial institutions in Kazakhstan[.]"For more information, submit a form, email attorney Aaron Dumas, Jr., or ...
KASPI ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Joint Stock Company Kaspi.kz and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-12-21 02:00
NEW YORK, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Joint Stock Company Kaspi.kz (“Kaspi” or the “Company”) (NASDAQ:KSPI) in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired Kaspi securities between January 19, 2024 and September 19, 2024, both dates inclusive (the “Class Period” ...
Maple Gold Completes Joint Venture Restructuring Transaction
Newsfile· 2024-12-20 12:00
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce that, further to its news releases of June 20, 2024 and September 10, 2024, the Company has completed its previously announced joint venture restructuring transaction (the "Restructuring Transaction") through which it has obtained legal title to, and a 100% ownership interest in, the multi-million-ounce1 Douay Gold Project ("D ...
Gatos Silver Amends Joint Venture Agreements with Dowa to Obtain Enhanced Management Rights and Announces Financial Statement Consolidation
GlobeNewswire News Room· 2024-12-20 02:52
Core Viewpoint - Gatos Silver has entered into amended agreements with Dowa Metals & Mining, enhancing its management rights in the Los Gatos Joint Venture, allowing for full financial consolidation starting January 1, 2025, while maintaining ownership interests at 70% for Gatos Silver and 30% for Dowa [1][2][3] Group 1: Amended Agreements - The amended agreements strengthen Dowa's zinc concentrate offtake rights and update management service terms provided by Gatos Silver [2] - The agreements reduce supermajority voting requirements and grant Gatos Silver a new sole-funding right for significant modifications or expansions of the mine or plant [2] Group 2: Financial Impact - Full financial consolidation will streamline Gatos Silver's financial reporting, providing a clearer picture of the company's performance, especially in light of the anticipated merger with First Majestic [3] Group 3: Company Background - Gatos Silver is a silver-focused exploration, development, and production company, primarily operating the Cerro Los Gatos mine in Mexico, with a 70% stake in the Los Gatos Joint Venture [8] - The LGJV encompasses approximately 103,000 hectares of mineral rights, indicating a highly prospective area with numerous identified mineralized zones [8] Group 4: Merger with First Majestic - Gatos Silver and First Majestic announced a definitive merger agreement, aiming to consolidate three major silver mining districts in Mexico to create a leading intermediate primary silver producer [9]
Cenatex Holdings LLC and Joint Actors Increase Their Holdings of Bri-Chem Corp.
Newsfile· 2024-12-13 22:49
Cenatex Holdings LLC and Joint Actors Increase Their Holdings of Bri-Chem Corp.December 13, 2024 5:49 PM EST | Source: Cenatex Holdings, LLCGarland, Texas--(Newsfile Corp. - December 13, 2024) - On December 13, 2024, Cenatex Holdings, LLC ("Cenatex") a Texas limited liability company, and joint actors, purchased an aggregate of 126,630 common shares (the "Common Shares") in the capital of Bri-Chem Corp. ("Bri-Chem") listed on the Toronto Stock Exchange at an average price of $0.2825 USD per Co ...
PennantPark Floating Rate Capital Ltd. Announces Upsize of Joint Venture
GlobeNewswire News Room· 2024-12-12 13:30
Joint Venture to Continue to Target the Attractive Core Middle Market Joint Venture Is Generating Strong Returns MIAMI, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) today announced it has agreed to expand its investment in PennantPark Senior Secured Loan Fund I LLC (“PSSL” or the “JV”). This transaction further strengthens this strategic partnership, which was put into place over seven years ago, and has generated strong returns to date. PFLT and its JV part ...
Texas Mineral Signs Non-Binding Letter of Intent to Explore the Possibility of Forming Joint Venture to Develop and Manage Mining Properties in the Steeple Rock District of New Mexico and Greenlea County in Arizona
GlobeNewswire News Room· 2024-12-12 11:00
Core Viewpoint - Texas Mineral Resources Corp. (TMRC) has entered into a non-binding letter of intent with Steeple Rock Holding Company to explore a mining venture involving four mines and related assets in New Mexico and Arizona [1][2][4] Group 1: Joint Venture Details - TMRC will serve as the managing partner of the joint venture, which includes the Billali mine, Jim Crow mine, inactive Imperial mine, and Carlisle mine, along with a 150 tons per day unassembled flotation mill [1][4] - The initial capital required for the project is yet to be determined and will be used for initiating mining and milling operations [2][3] - TMRC may acquire up to a 50.1% interest in the project by contributing the Carlisle mine and raising the necessary initial capital [3][4] Group 2: Project Potential - The project aims to bring historical mines back into production, with the Steeple Rock District being a well-known gold and silver area in New Mexico and Arizona [4][5] - The district is characterized by stable mining conditions, with historical data indicating good mining conditions and minimal environmental issues [5] - All mines involved have documented historical exploration data, although there is no assurance that they will yield resources compliant with regulatory standards [4][5] Group 3: Company Background - TMRC focuses on developing and commercializing mining projects, including the Round Top heavy-rare earth project in Texas, where it holds approximately 19.3% interest [6]
Lockheed Wins Contract for F-35 Joint Strike Fighter Jet Program
ZACKS· 2024-12-05 21:00
Lockheed Martin Corp.’s (LMT) Aeronautics business segment recently clinched a modification contract to support the F-35 Joint Strike Fighter aircraft program. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.  Details of the Lockheed Martin DealValued at $16.3 million, the contract is expected to be completed by January 2029. Per the terms of the deal, Lockheed will provide non-recurring engineering and associated materials support for the redesigned panoramic cockpit displa ...
GM Taking More Than $5B Hit on Joint Venture in China
Investopedia· 2024-12-04 17:06
Key TakeawaysGeneral Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs associated with its joint venture with SAIC Motor Corporation in China.The carmaker said it expects impairment costs of $2.6 billion to $2.9 billion, and $2.7 billion in equity losses related to the JV this year.GM has lost money in China over the past three quarters, including $137 million in the third quarter. General Motors (GM) shares slipped Wednesday after the carmaker sa ...
Inari Medical Announces Joint Venture in Greater China
GlobeNewswire News Room· 2024-12-02 21:05
IRVINE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today announced it has entered into a joint venture with 6 Dimensions Capital (“6 Dimensions”) and its successor fund 120 Capital, and VFLO Medical (“VFLO”), a medical device platform incubated by 6 Dimensions and 120 Capital, to provide access to Inari’s innovative technology for patient ...