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Massive Antimony Bearing Stibnite Reported in Bald Hill Drill Holes
GlobeNewswire· 2025-05-23 14:26
Group 1 - Globex Mining Enterprises Inc. has announced a site visit to its Bald Hill Antimony Property in Nova Scotia, as reported by Antimony Resources Corp. [1] - The drilling program at the Bald Hill site has completed 1,600 metres out of a planned 2,500 metres, with significant findings including massive stibnite and stibnite-bearing breccia in approximately 80% of the drill holes [2] - Antimony mineralization has been identified in surface outcroppings over a distance of at least 300 metres [2] Group 2 - The technical information in the press release was reviewed and approved by a Qualified Person, Jim Atkinson, MSc., P.Geo., ensuring compliance with National Instrument 43-101 [3] - The press release was authored by Jack Stoch, P.Geo., who serves as the President and CEO of Globex Mining Enterprises Inc. [3]
Globavend Regains Compliance with Nasdaq Minimum Bid Price Deficiency
GlobeNewswire· 2025-05-23 13:46
PERTH, AUSTRALIA, May 23, 2025 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (Nasdaq: GVH) (the “Company” or “Globavend”), an emerging e-commerce logistics provider, today announced that it received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) ...
Bulletin from the Annual General Meeting of Terranet AB on May 23, 2025
GlobeNewswire· 2025-05-23 13:20
The annual general meeting of Terranet AB (the "Company") was held today, May 23, 2025, in Lund. The meeting resolved, with the required majority and in accordance with the board's proposal, on the following main resolutions. Adoption of the profit and loss account and balance sheet The annual general meeting resolved to adopt the income statement and balance sheet of the Company and the consolidated income statement and consolidated balance sheet. Allocation of profits The annual general meeting decided t ...
Peyto Exploration & Development Corp. Announces Voting Results From Annual and Special Meeting of Shareholders
GlobeNewswire· 2025-05-23 13:19
CALGARY, Alberta, May 23, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX – PEY) ("Peyto") is pleased to announce that the nominees listed in the information circular – proxy statement dated April 2, 2025 were elected as directors of Peyto at Peyto's annual and special meeting of shareholders (the "Meeting") held on May 22, 2025. The detailed results of the votes for the election of directors, the appointment of auditors, the advisory vote on executive compensation and approval of the to ...
Imperial Petroleum Inc. Reports First Quarter 2025 Financial and Operating Results
GlobeNewswire· 2025-05-23 13:15
Core Viewpoint - Imperial Petroleum Inc. reported a decline in revenues and net income for Q1 2025 compared to Q1 2024, primarily due to decreased spot market tanker rates, but showed significant improvement in comparison to Q4 2024 [4][9]. Operational and Financial Highlights - Fleet operational utilization was 83.8% in Q1 2025, down from 86% in Q4 2024 and up from 80.6% in Q1 2024 [4]. - Revenues for Q1 2025 were $32.1 million, a decrease of 22.1% from $41.2 million in Q1 2024, attributed to stronger market rates in the previous year [4][28]. - Net income for Q1 2025 was $11.3 million, down from $16.7 million in Q1 2024, with an EPS of $0.32 compared to $0.56 in the same period last year [4][7]. - EBITDA for Q1 2025 was $14.7 million, with an adjusted EBITDA of $15.6 million [7][23]. - Cash and cash equivalents, including time deposits, totaled $227.4 million as of March 31, 2025, which is 167.5% higher than the current market capitalization of approximately $85 million [4][9]. Fleet and Employment - The company owns a total of 13 vessels with a combined capacity of 807,000 deadweight tons (dwt) and has contracted to acquire an additional six drybulk carriers, increasing the fleet to 19 vessels with a total capacity of 1.2 million dwt by mid-2025 [13][15]. - As of May 23, 2025, the fleet includes seven M.R. product tankers, two Suezmax tankers, and four Handysize drybulk carriers [13]. Cost and Expense Management - Voyage expenses decreased to $10.5 million in Q1 2025 from $13.5 million in Q1 2024, primarily due to increased time charter activity [4][28]. - Vessels' operating expenses increased to $7.1 million in Q1 2025 from $6.0 million in Q1 2024, attributed to an increase in fleet size [4][28]. - Drydocking costs were nil in Q1 2025, compared to $0.6 million in Q1 2024 [4]. Interest and Foreign Exchange - Interest income for Q1 2025 was $2.2 million, up from $1.0 million in Q1 2024, due to higher time deposits [7]. - The company reported a foreign exchange gain of $1.7 million in Q1 2025, compared to a loss of $0.8 million in Q1 2024 [7]. Management Commentary - The CEO expressed confidence in the company's growth trajectory, highlighting the expansion of the fleet and the achievement of a debt-free capital structure [9].
Immix Biopharma Further Expands U.S. Clinical Sites for relapsed/refractory AL Amyloidosis Trial NEXICART-2
GlobeNewswire· 2025-05-23 13:05
– Patient enrollment exceeding expectations – – 14 U.S. sites actively enrolling; 10 U.S. sites added since last update – – Anticipate completing NEXICART-2 clinical trial ahead of schedule – LOS ANGELES, CA, May 23, 2025 (GLOBE NEWSWIRE) -- Immix Biopharma, Inc. (“ImmixBio”, “Company”, “We” or “Us” or "IMMX”), a clinical-stage biopharmaceutical company developing cell therapies for AL Amyloidosis and other serious diseases, today announced that 14 U.S. sites are actively enrolling in U.S. multi-site study ...
Wix Acquires Hour One to Expand Generative AI Capabilities and Accelerate Product Innovation
GlobeNewswire News Room· 2025-05-23 13:00
Core Insights - Wix.com Ltd. has acquired Hour One, a leader in generative AI media creation, marking a significant step in Wix's evolution towards AI-driven digital experiences [1][3] - The acquisition provides Wix with advanced technologies that will enhance web and visual design capabilities, positioning the company at the forefront of scalable content creation [1][2] Company Overview - Wix is recognized as the leading SaaS website builder platform, established in 2006, offering a comprehensive suite of tools for users to create, manage, and grow their digital presence [4] - The platform includes features such as advanced SEO, marketing tools, and commerce solutions, enabling users to maintain control over their brand and customer relationships [4] Hour One's Technology - Founded in 2019, Hour One specializes in technology that allows for the creation of studio-quality content at scale, integrating generative AI with advanced 3D rendering [2] - The platform supports personalized video and interactive experiences, enhancing storytelling and real-time engagement [2] Strategic Implications - The acquisition is expected to accelerate innovation within Wix, allowing for higher quality control over technologies and reducing reliance on third-party providers [3] - The integration of Hour One's team, which possesses deep expertise in generative AI and media infrastructure, is anticipated to push the boundaries of content creation [3]
CHMP recommends EU approval of Roche’s Itovebi for PIK3CA-mutated, ER-positive, HER2-negative, advanced breast cancer
GlobeNewswire· 2025-05-23 13:00
Positive recommendation based on phase III INAVO120 data showing ItovebiTM (inavolisib) in combination with palbociclib and fulvestrant more than doubled progression-free survival in the first-line setting1The Itovebi-based regimen also demonstrated a statistically significant and clinically meaningful benefit in overall survival (OS) in the final OS analysisFinal OS data will be presented in an oral session at the 2025 American Society of Clinical Oncology Annual Meeting Basel, 23 May 2025 - Roche (SIX: RO ...
ESGL Files Proxy Statement for Proposed Business Combination with De Tomaso Automobili
GlobeNewswire· 2025-05-23 13:00
Filing highlights ESGL’s plan to acquire De Tomaso Automobili, an iconic luxury performance brand, via Nasdaq-listed combination to unlock long-term shareholder valueSINGAPORE, May 23, 2025 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (Nasdaq: ESGL), a Singapore-based leader in sustainable circular solutions, has filed its proxy statement with the U.S. Securities and Exchange Commission in connection with its proposed business combination with De Tomaso Automobili Holdings, one of the most revered names in lux ...
Forte Minerals Announces Private Placement of up to C$2.4 Million
GlobeNewswire· 2025-05-23 13:00
“Not for distribution to United States newswire services or for dissemination in the United States.” VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) -- Forte Minerals Corp. (“Forte” or the “Company”) (CSE: CUAU) (OTCQB: FOMNF) (Frankfurt: 2OA), intends to complete a non-brokered private placement (the “Offering”) to raise up to C$2,400,000 for drilling and exploration programs on the Company’s Peruvian projects and for general working capital, all as further outlined below. The Offering involves ...