Workflow
Egide: temporary transfer of the EGIDE shares to the « Penalty Bench » compartment from May 16th 2025
GlobeNewswire· 2025-05-15 06:00
Core Points - Egide Group's shares will be transferred to the "Penalty Bench" compartment effective May 16, 2025, due to the delay in publishing its 2024 Annual Financial Report [2][3] - The exit from the "Penalty Bench" will occur automatically once the Annual Financial Report for the year ending December 31, 2024, is published [3] - The publication of the 2024 Annual Financial Report was initially scheduled for April 30, 2025, but has been postponed to complete the audit process [4][5] Financial Calendar - The 2025 Half-Year Revenue is scheduled for July 30, 2025 [6] - The 2025 Half-Year Results will be announced on October 20, 2025 [6] Company Overview - Egide Group specializes in manufacturing hermetic packages and heat dissipation solutions for sensitive electronic components, operating in high-tech markets with significant barriers to entry [6] - The company is the only pure player in its niche market, with manufacturing bases located in France and the United States [6]
Extension of PUSU deadline
GlobeNewswire· 2025-05-15 06:00
Core Viewpoint - Kenmare Resources plc has extended the deadline for the Consortium to announce a firm intention to make a cash offer for the company, now set for June 20, 2025, to facilitate ongoing discussions and due diligence [3][5][6]. Group 1: Proposal and Offer Details - On March 6, 2025, Kenmare's Board announced a non-binding proposal from Oryx Global Partners Limited and Michael Carvill for a possible all-cash offer for the entire issued share capital of Kenmare [3]. - The initial deadline for the Consortium to announce a firm intention to make an offer was set for May 15, 2025, following an extension announced on April 17, 2025 [4][6]. Group 2: Regulatory Compliance - The extension of the deadline was granted by the Takeover Panel to allow the Consortium more time for due diligence and discussions [5]. - The revised deadline for the Consortium to either announce a firm intention to make an offer or state that it does not intend to make an offer is now June 20, 2025 [6].
Cornish Metals Releases Unaudited Financial Statements and Management’s Discussion and Analysis for the Three Months Ended 31 March 2025
GlobeNewswire· 2025-05-15 06:00
Core Viewpoint - Cornish Metals Inc. has reported strong financial results and strategic advancements for the South Crofty tin project, highlighting a successful fundraising effort and key operational milestones expected in the coming year [3][5][7]. Financial Highlights - For the three months ended March 31, 2025, total operating expenses increased to CAD 3,189,723 from CAD 2,759,198 in the same period of 2024 [6][19]. - The loss for the period was CAD 3,043,606, compared to a loss of CAD 2,561,669 in the previous year [6][20]. - Net cash used in operating activities was CAD 2,190,616, up from CAD 1,148,564 in the prior year [6][21]. - The company raised CAD 91,566,076 from the recent fundraising, significantly increasing cash reserves to CAD 88,954,141 at the end of the period [6][22]. Strategic Developments - The company completed a £57.4 million fundraising, supported by the National Wealth Fund and Vision Blue, which will fund ongoing development and de-risking of the South Crofty project [3][5]. - Senior management appointments were made to strengthen project and operations teams, with Dave Howe as General Manager and Guillermo Alcaraz as Project Director [5]. - The company purchased 4.5 acres of land adjacent to existing operations to facilitate access and infrastructure development for the mine [5]. Project Progress - Mine dewatering and refurbishment of the New Cook's Kitchen Shaft are ongoing, with dewatering currently advancing at over 15,000 meters per day, expected to increase to approximately 25,000 meters per day post-maintenance [5][7]. - The company aims to complete dewatering, advance detailed engineering studies, and commence early project works, including the construction of a processing plant [7][8]. Economic Assessment - The 2024 Preliminary Economic Assessment for South Crofty indicates a potential after-tax NPV of USD 201 million and an IRR of 29.8%, with an average annual tin production of 4,700 tonnes in the initial years [7][8]. - The project is positioned to be the only primary tin producer in Europe or North America, with tin classified as a Critical Mineral [7][8].
SAGA Metals Appoints Vernon Shein, Former Exploration Manager at B2Gold, to its Board of Advisors
GlobeNewswire· 2025-05-15 06:00
Company Overview - SAGA Metals Corp. is a North American exploration company focused on discovering critical minerals that support the global transition to green energy [5] - The company's flagship asset is the Double Mer Uranium Project in Labrador, Canada, covering 25,600 hectares with significant uranium radiometrics [5] - SAGA also owns the Legacy Lithium Property in Quebec, developed in partnership with Rio Tinto, covering 65,849 hectares [6] - Additional exploration assets are located in Labrador, targeting titanium, vanadium, and iron ore [7] Key Appointment - Vernon Shein has been appointed to SAGA's board of advisors, bringing 39 years of exploration industry experience [2] - Shein previously served as Exploration Manager for Bema Gold Corp. and B2Gold, overseeing projects from exploration to production [2][3] - His notable projects include the Kupol Mine in Russia, Jabali Mine in Nicaragua, and the Montana open pit at the Masbate Mine in the Philippines [3] Strategic Focus - The initial focus for SAGA will be on the Radar Ti-V-Fe project near Cartwright, Labrador, which has shown exceptional results from its maiden drill program [4] - The company aims to fast track the Radar project towards advanced development, leveraging Shein's expertise [4] - Shein expressed enthusiasm for SAGA's diversified exploration programs targeting critical minerals essential for the green energy transition [4]
Equinor ASA: Ex. dividend fourth quarter 2024 today – OSE
GlobeNewswire· 2025-05-15 05:50
The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded on the Oslo Stock Exchange exclusive the fourth quarter 2024 cash dividend as detailed below. Ex. date: 15 May 2025 Dividend amount: 0.37 Announced currency: USD This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. ...
IFS selects TomTom’s location technology to enhance planning and scheduling solutions
GlobeNewswire· 2025-05-15 05:30
IFS selects TomTom’s location technology to enhance planning and scheduling solutions IFS selects TomTom’s location technology to enhance planning and scheduling solutions AMSTERDAM, Netherlands, May 15, 2025 (GLOBE NEWSWIRE) -- TomTom (TOM2), the location technology specialist, today announced that it has been selected by IFS, the leading provider of enterprise cloud and Industrial AI software, to enhance their Planning and Scheduling Optimization (PSO) platform, delivering precise route calculations a ...
Iveco Group 2025 First Quarter Results
GlobeNewswire· 2025-05-15 05:30
The following is an extract from the “Iveco Group 2025 First Quarter Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF: The Company responded decisively to market downturn and laid strong foundationsfor future growth. Full year guidance confirmed in its entirety The Board has decided to proceed with the separation of the Defence bus ...
Vallourec First Quarter 2025 Results
GlobeNewswire· 2025-05-15 05:30
Meudon (France), May 15th, 2025 Vallourec, a world leader in premium tubular solutions, announces today its results for the first quarter 2025. The Board of Directors of Vallourec SA, meeting on May 14th 2025, approved the Group's first quarter 2025 Consolidated Financial Statements. First Quarter 2025 Results Q1 Group EBITDA of €207 million, with strong 21% EBITDA marginTotal cash generation of €104 million, bringing net cash position to €112 millionContinued strong international booking momentum at hea ...
CROSSJECT’s ZENEO® needle-free autoinjector consistently matches depth of traditional intramuscular injections and exceeds the standards needle length of currently utilized auto-injectors
GlobeNewswire· 2025-05-15 05:30
Press Release CROSSJECT’s ZENEO® needle-free auto-injector consistently matches depth of traditional intramuscular injections and exceeds the standards needle length of currently utilized auto-injectors Injection depth with ZENEO® matches that of 30-mm conventional intramuscular needles, out-performs length of needles imbedded in commercially available needle-based auto-injectors.ZENEO® further demonstrates commercial adoption potential by eliminating usage errors and mimicking traditional intramuscular inj ...
Ensurge Micropower ASA – 1Q 2025
GlobeNewswire· 2025-05-15 05:30
Highlights Successfully demonstrated and shipped 11L/10 μmbatteries, which performed to expectations atcustomer site: fast charging/pulse discharging Further progressed negotiations with a Fortune 500partner about a Joint Development Agreement(JDA) for the next-generation batteries Finalized all critical technology issues and achieved90% assembly yield Filed critical IP related to technical fixes andmanufacturing process innovation 24/7 shift structure implemented to reduce cycletime and increase stack outp ...