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Nova Pacific Metals Bolsters Advisory Board and Announces Marketing Agreement
Newsfile· 2025-02-05 03:00
Core Insights - Nova Pacific Metals Corp. has appointed Craig Williams, a veteran in the Canadian mining industry, to its strategic advisory board, indicating a commitment to enhancing its exploration and development efforts at the Lara VMS project [1][2][3] Company Developments - The appointment of Craig Williams is expected to provide valuable insights and industry connections that will support Nova Pacific's growth strategy, particularly for the Lara deposit on Vancouver Island [2][3][4] - The CEO of Nova Pacific expressed enthusiasm about Mr. Williams' extensive experience and network, which are anticipated to be instrumental in advancing the company's strategic agenda [3] - Craig Williams highlighted the exceptional potential of the Lara Project and expressed excitement about contributing to the company's growth strategy [3][4] Marketing and Investor Relations - Nova Pacific has entered into an investor relations agreement with i2i Marketing Group, LLC, for corporate marketing and investor awareness services, with an initial payment of $350,000 USD [5] - The agreement is set for an initial term of six months, ending on August 3, 2025, with the possibility of month-to-month extensions [5] Community Engagement - Nova Pacific operates on the Traditional, Ancestral, and Unceded Territory of the Stz'uminus and Hul'qumi'num Treaty Group, emphasizing the company's commitment to building lasting relationships with local communities [6] Project Overview - The Lara VMS project is a brownfields, polymetallic development project located on Vancouver Island, British Columbia, with a significant historic resource rich in critical and precious metals [9] - The company's forward-looking strategy includes confirmation and infill drilling in the spring, completion of an updated mineral resource estimate, and preparation of a Pre-Feasibility Study in late Q3, if required [9]
Nova Completes Acquisition of Sentronics
Prnewswire· 2025-02-03 12:00
REHOVOT, Israel, Feb. 3, 2025 /PRNewswire/ -- Nova (Nasdaq: NVMI) announced today that it completed the acquisition of Sentronics Metrology GmbH, a privately held company headquartered in Germany. The transaction is valued at approximately $60 million, paid in cash. The Company expects the acquisition to be accretive on a non-GAAP net earnings basis within 12 months of closing. The company is now focusing on post-merger integration execution. Sentronics Metrology GmbH is a global provider of wafer metrology ...
Nova Doubles Chemical Metrology Production Capacity and Expands Global Presence with New Manufacturing Facility and Office in Germany
Prnewswire· 2025-01-28 13:00
REHOVOT, Israel, Jan. 28, 2025 /PRNewswire/ -- Nova (NASDAQ: NVMI) announced today the opening of a new manufacturing facility and office in Germany, a milestone in the Company's long-term strategy to enhance its global footprint and deepen local partnerships. This expansion will significantly increase manufacturing capacity and leverage advanced technologies to meet rising demand for Nova's tools.Located in Bad Urach, Germany, the new facility combines state-of-the-art manufacturing with a research and dev ...
Nova Pacific Metals Establishes Strategic Advisory Board, Appointing Two Industry Veterans
Newsfile· 2025-01-23 07:00
Strategic Advisory Board Formation - Nova Pacific Metals Corp announces the formation of a Strategic Advisory Board, marking a significant milestone in the company's growth trajectory [1] - Dr Tom Setterfield and Mr Scott Young appointed as inaugural members of the board [1] Dr Tom Setterfield's Expertise - Dr Setterfield brings 44 years of international exploration experience, specializing in IOCG, epithermal Au, and VMS deposit types [3] - He holds a PhD from Cambridge University and has worked on projects in multiple countries, including Mongolia, Australia, Fiji, and Canada [3] - Dr Setterfield co-founded Monster Copper Corporation and TerraX Minerals Inc, and served as VP of Exploration for both companies [3] - His extensive experience includes VMS projects in the Abitibi Belt, Sweden, Brazil, Mongolia, British Columbia, and Australia [4] Mr Scott Young's Background - Mr Young has extensive experience in corporate development, fundraising, and strategic planning across biotech, medtech, and natural resources sectors [5] - His institutional financing network spans North and South America, Europe, and Asia, positioning Nova Pacific to capitalize on global investment opportunities [6] Warrant Repricing - Nova Pacific amends the exercise price of 7,410,000 share purchase warrants from $0.50 to $0.40 per common share, with the warrants set to expire on May 31, 2025 [7] - The original warrant certificates remain valid until the expiry date, with no replacement certificates planned [8] Indigenous Community Relations - Nova Pacific operates on the Traditional, Ancestral, and Unceded Territory of the Stz'uminus and Hul'qumi'num Treaty Group, representing six First Nations [9] - The company is committed to fostering inclusion and contributing to shared prosperity with local communities [9] About Nova Pacific - Nova Pacific is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia [10] - The Lara Project encompasses 9 strike km of volcanic stratigraphy with potential for precious metal-rich VMS deposits [2] - The company's strategy includes confirmation and infill drilling, updated mineral resource estimates, and preparation of a Pre-Feasibility Study [10]
Nova Surges 72% in a Year: Should You Buy, Sell or Hold the Stock?
ZACKS· 2025-01-21 16:11
Core Viewpoint - Nova Ltd. (NVMI) has demonstrated significant stock performance, with a 71.6% increase over the past year, outperforming the broader Zacks Computer and Technology sector and the Electronics - Semiconductors industry [1][2] Financial Performance - In Q3 2024, Nova reported record revenues of $179 million, reflecting a 39% year-over-year increase, and non-GAAP EPS of $1.74, up 41% from the previous year [3] - The company has consistently surpassed earnings estimates, with an average surprise of 10.1% over the last four quarters [5] Market Positioning - Nova's leadership in optical and chemical metrology is crucial for advanced semiconductor manufacturing, with innovative products like the VeraFlex IV platform and PRISM 2 driving demand [4] - The company is well-positioned in high-growth markets, particularly with the adoption of gate-all-around (GAA) transistors, which is expected to increase process complexity by 30% [6] - Nova anticipates $500 million in cumulative revenues from GAA processes by 2026, indicating strong long-term growth prospects [6] Industry Trends - The semiconductor industry is experiencing structural growth driven by AI, high-performance computing, and advanced memory requirements, with Nova's advanced packaging solutions seeing accelerated adoption [7] - Ongoing investments in R&D enhance Nova's technological edge, making it a preferred partner for leading semiconductor manufacturers [8] Challenges - Nova's reliance on the Chinese market poses risks due to geopolitical tensions, with China accounting for approximately 36% of total sales in 2023 [9] - The global semiconductor supply chain's vulnerability to geopolitical disruptions amplifies risks for Nova, particularly regarding potential export restrictions [10] - Non-GAAP operating expenses are projected to reach $50 million in Q4, a 44.5% increase year-over-year, which may pressure margins and profitability [11]
Nova Pacific Metals Announces Major Expansion of Drill Program at Lara VMS Property Following Comprehensive Database Updates
Newsfile· 2025-01-21 07:00
Nova Pacific Metals Announces Major Expansion of Drill Program at Lara VMS Property Following Comprehensive Database UpdatesJanuary 21, 2025 2:00 AM EST | Source: Nova Pacific Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to announce a significant expansion of its planned drill program at the Lara Volcanogenic Massive Sulphide (VMS) Proje ...
Nova to Report Fourth Quarter and Full Year 2024 Financial Results on February 13
Prnewswire· 2025-01-13 13:00
Conference call to be held on the same day at 8:30 a.m. Eastern Time REHOVOT, Israel, Jan. 13, 2025 /PRNewswire/ -- Nova (NASDAQ: NVMI), a leading innovator and a key provider of metrology solutions for advanced process control used in semiconductor manufacturing, today announced that it expects to release its financial results for the fourth quarter and full year of 2024 before the Nasdaq market opens on Thursday, February 13, 2025. Q4 and Full Year 2024 Conference Call Details: Gaby Waisman, President and ...
Nova Leap Health Corp. Announces Results of Special Meeting of Shareholders
GlobeNewswire News Room· 2025-01-08 22:01
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Jan. 08, 2025 (GLOBE NEWSWIRE) -- NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”) is pleased to announce that disinterested shareholders approved the Company’s acquisition of two affiliated home care services companies with operations in Nova Scotia at the special meeting of shareholders held today. The acquisition is a Non-Arm’s Length transaction pursuant to TSX Venture Exchange ...
Nova Metrion® Selected by a Leading Memory Manufacturer
Prnewswire· 2025-01-08 13:00
REHOVOT, Israel, Jan. 8, 2025 /PRNewswire/ -- Nova (Nasdaq: NVMI) announced today that one of the world's leading memory manufacturers recently selected the Nova Metrion® platform for its most advanced DRAM R&D as well as DRAM and NAND high-volume manufacturing lines. The company expects to receive additional orders from this customer as the manufacturer expands its inline metrology capabilities.  Nova Metrion® provides tighter process control and improves yield by allowing inline SIMS (secondary ion mass s ...
Nova Ltd. (NVMI) Soars 4.9%: Is Further Upside Left in the Stock?
ZACKS· 2025-01-07 15:42
Nova Ltd. (NVMI) shares soared 4.9% in the last trading session to close at $214.62. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.9% gain over the past four weeks.The upswing in share price came after a number of analysts weighed in on the stock indicating optimism towards stock performance in the near-term. Citigroup raised shares of Nova from a "neutral" rating to a "buy" rating and raised their price objective for the sto ...