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Life Time to Report Preliminary Estimated Fourth Quarter and Full-Year 2024 Financial Results and Introduce Select Fiscal 2025 Guidance on January 16, 2025
Prnewswire· 2025-01-15 22:17
Core Viewpoint - Life Time Group Holdings, Inc. will release its preliminary estimated financial results for the fourth quarter and full-year 2024 on January 16, 2025, and will provide guidance for fiscal 2025 [1][2]. Group 1: Financial Results Announcement - The company intends to announce its preliminary estimated fourth quarter and year-end financial results annually due to the predictability of its subscription model and finalized year-end membership levels [2]. - The official financial results for the fourth quarter and full-year 2024 will be released before market open on February 27, 2025, followed by a conference call at 10:00 a.m. ET to discuss the results and provide a business update [3][8]. Group 2: Participation and Replay Information - A live audio webcast of the conference call will be available, and a recorded replay will be accessible approximately three hours after the call [4][5]. - The replay of the conference call will be available after 1:00 p.m. ET on the same day through March 13, 2025 [5][9]. Group 3: Company Overview - Life Time operates over 175 athletic country clubs across the U.S. and Canada, focusing on health and wellness through various programs and a digital app [6]. - The company serves a wide demographic, from individuals aged 90 days to over 90 years, supported by a team of more than 42,000 professionals [6].
Lithium Ionic Reports 32% Growth in Updated Mineral Resource Estimate at Baixa Grande - Salinas, Minas Gerais, Brazil
Globenewswire· 2025-01-14 12:00
Core Insights - Lithium Ionic Corp. has announced an updated NI 43-101 Mineral Resource Estimate (MRE) for the Baixa Grande Project, highlighting the expertise of its exploration team and the strategic potential of the deposit [1][3][4] - The Baixa Grande Project has become a key growth asset for the company, with nearly 20 million tonnes (Mt) of mineral resources, solidifying its position as a leading lithium company in Brazil [4][6] Mineral Resource Estimate Highlights - The updated MRE includes 6.52 Mt in the Measured and Indicated (M&I) category and an additional 12.90 Mt in the Inferred category, reflecting increases of 11.3% and 45% respectively since the maiden MRE announced in April 2024 [6][8] - The total MRE has grown by 32% due to 35,734 meters of drilling across 167 diamond drill holes, showcasing the effectiveness of the exploration approach [6][8] - The MRE indicates a grade of 1.11% Li₂O for the M&I category, containing 179,580 tonnes of Lithium Carbonate Equivalent (LCE), and 0.97% Li₂O for the Inferred category, containing 280,730 tonnes of LCE [8][11] Strategic Context - The Baixa Grande Project is part of the Salinas group of properties acquired in March 2023, located in a region known for its spodumene-bearing pegmatites [4][5] - The project is situated approximately 100 kilometers north of the Bandeira development project, which remains a near-term focus for the company [4][3] - The acquisition of Latin Resources by Pilbara Minerals, which includes the Colina deposit located west of Baixa Grande, underscores the competitive nature of Brazil's lithium deposits [5][6] Future Potential - Exploration efforts have established a strong foundation for future development, with the deposit remaining open at depth and along strike, indicating significant potential for further resource growth [10][21] - Additional drilling is planned to confirm the high potential for spodumene mineralization at the Noé target, which has shown promising initial results [9][10]
Lithium Ionic: 2024 Year-in-Review, Setting Stage for a Pivotal 2025
Globenewswire· 2025-01-08 12:00
Core Viewpoint - Lithium Ionic Corp. has achieved significant milestones in 2024, positioning itself for a transformative 2025 with the Bandeira Lithium Project set to transition to construction [1] Group 1: Key Developments in 2024 - The Bandeira Lithium Project's mineral resources increased by 161% to 41.9 million tonnes grading 1.35% Li₂O, making it the fastest growing hard rock lithium deposit in the Americas [6][8] - A Feasibility Study was delivered, outlining a 14-year mine life with an average production of 178,000 tonnes of 5.5% Li₂O spodumene concentrate annually, a low CAPEX of US$266 million, a post-tax NPV of US$1.3 billion, and an IRR of 40% [9] - The company drilled 8,200 meters in 2024, with results to be incorporated into an updated mineral resource estimate expected in early 2025 [6][15] Group 2: Project Financing and Development - A non-binding Letter of Interest for up to US$266 million was secured from the Export-Import Bank of the United States, establishing a clear pathway for full project financing [6][12] - A non-dilutive US$20 million royalty financing was secured to support the balance sheet and early development activities into 2025 [6] - The company is on the verge of obtaining the Licença Ambiental Concomitante (LAC) license, which will authorize construction to begin [13] Group 3: Strategic Land Acquisitions - The company acquired the remaining 15% of Salinas properties, achieving full 100% ownership [6] - Approximately 3,000 hectares were added through an option agreement for additional claims in the Itinga group, increasing total land holdings to approximately 17,000 hectares [6] Group 4: Sustainability and ESG Initiatives - The company joined the United Nations Global Compact and became a member of the International Lithium Association, reinforcing its commitment to responsible development [6] - Advanced community and environmental initiatives included the planting of over 2,000 native seedlings [7]
2025 Wellness Survey: Sauna Tops Recovery Practices People Want to Try; Building Muscle Remains Top New Year's Fitness Goal in Annual Life Time Poll
Prnewswire· 2024-12-30 15:33
Core Insights - Life Time has released findings from its annual health and wellness survey, indicating a strong focus on health goals for 2025, with over 74.7% of respondents planning to prioritize their health, a significant increase from 62.4% in 2024 [9] - The survey highlights a growing interest in strength training and recovery practices, with 69.1% of respondents interested in using saunas post-workout, and strength training being the top preferred workout routine [9][4] Group 1: Survey Findings - More than 1,350 participants provided insights into their health and wellness goals, with a notable 99.3% feeling happier after workouts, reinforcing the mental health benefits of exercise [9] - Building muscle remains the top health goal for the third consecutive year, followed by eating better, moving more, and weight loss [9] - Over 60% of respondents believe GLP-1 drugs can improve overall health, indicating a positive perception of these medications [9] Group 2: Nutrition and Supplement Trends - Over 65% of respondents do not follow a specific nutrition philosophy, while 59.5% take supplements daily, with protein powder, multi-vitamins, and vitamin D being the most popular choices [10] - Among those taking supplements, more than 60% reported taking at least two to four daily [10] - A preference for guidance from certified professionals on nutrition and wellness trends was noted, with 48.6% favoring this approach over social media [10] Group 3: Company Overview - Life Time operates more than 175 athletic country clubs across the U.S. and Canada, focusing on empowering individuals to live healthy and happy lives [12] - The company offers a range of programs and services for all ages, from strength training to wellness content through its free Life Time Digital app [2][12] - Life Time has established itself as a trusted brand in the lifestyle, leisure, and entertainment sector over the past three decades [5]
Life Time Celebrates End of 2024 with Opening of Its Rosemount Athletic Country Club in Minnesota on December 27th
Prnewswire· 2024-12-27 15:31
Company opened seven new destinations across six different states; Partnership with City of Rosemount brings seven pickleball courts, recovery amenities, cold plunge pools and moreROSEMOUNT, Minn., Dec. 27, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the Dec. 27 opening of its final athletic country club of 2024, Life Time Rosemount. The new destination marks a unique public-private partnership with the City of Rosemount and demonstrates the variety of ways the company continues to serve comm ...
Free burgers through Christmas? How about Free Health Year-Round?
Prnewswire· 2024-12-18 14:23
Life Time takes on fast food frenzy with free consumer app to support healthy livingCHANHASSEN, Minn., Dec. 18, 2024 /PRNewswire/ -- Countering the latest fast-food frenzy of free giveaways during the holiday season Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand with more than 175 athletic clubs across the U.S. and Canada, is giving away its app and a treasure trove of healthy living programs and content for free. As fast-food giants tempt taste buds with free burgers and fries, Life Ti ...
Six Tips for Winding Down to Support Rest and Recovery
Prnewswire· 2024-12-17 21:35
Life Time's Experience Life offers easy-to-implement solutions for evening workoutsCHANHASSEN, Minn., Dec. 17, 2024 /PRNewswire/ -- Exercise and rest go hand-in-hand, but those who exercise in the evenings may struggle to quiet their bodies and minds and prepare for sleep. To help promote the importance of both exercise and proper rest, Experience Life magazine, the award-winning publication of Life Time (NYSE: LTH), the nation's premier healthy way of life company, shares the following tips for transitioni ...
Life Time Expands Atlanta Presence with Opening of Life Time North Druid Hills December 16
Prnewswire· 2024-12-16 17:27
 Set in Atlanta's "City Forest in the Trees," new destination features an outdoor oasis with beach club and pool, twelve racquet courts and exquisite indoor wellness spaces ATLANTA, Dec. 16, 2024 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, is expanding its national footprint, this time in Atlanta with the opening of its newest location, Life Time North Druid Hills, on Monday, Dec. 16. The new location marks the eighth Life Time location in Atlanta and the first in De ...
Life Time Foundation Furthering Support for Improved Student Meals with Green Onion
Prnewswire· 2024-12-02 19:03
Newly enhanced, complimentary digital resource uniquely helps schools remove unwanted ingredients in favor of healthier alternativesCHANHASSEN, Minn., Dec. 2, 2024 /PRNewswire/ -- In support of improved youth nutrition, the Life Time Foundation, the 501(c)(3) non-profit of Life Time (NYSE: LTH)  has announced enhancements to Green Onion. First launched in 2023, Green Onion is the only complimentary digital nutrition software designed to help school districts, purchasing cooperatives and food manufacturers a ...
Life Time Group Holdings: Great Performance, Great Price
Seeking Alpha· 2024-11-24 13:09
In the wake of sky-high stock markets, one of the best things that investors can do at the moment is rotate more of our portfolios toward "growth at a reasonable price," or GARP stocks. As the rally in virtually every sector hasWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on ...