Kaldvík AS: Key information regarding potential subsequent offering
Globenewswire· 2025-06-04 23:27
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATIONOR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Frøya, 5 June 2025: Reference is made to the stock exchange announcement by Kaldvík AS (the "Company") earlier today regarding completion of a private placement (the "Pri ...
Kaldvík AS – Private placement successfully completed
Globenewswire· 2025-06-04 23:20
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Frøya, 5 June 2025: Reference is made to the stock exchange release from Kaldvík AS (the "Company") published on 4 June 2025 regarding a contemplated private placement to raise gross proceeds of the NOK equivalent of approximately EUR 46.2 million (the "Private Placement") ...
Kelso Technologies Inc. Announces 2025 Annual General and Special Meeting Results
Globenewswire· 2025-06-04 23:15
WEST KELOWNA, British Columbia and BONHAM, Texas, June 04, 2025 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS) is pleased to announce the detailed voting results from the Annual General and Special Meeting of shareholders held on June 3, 2025 (the “Meeting”). A total of 24,737,277 common shares of the 55,160,086 common shares outstanding at the record date were voted at the Meeting, representing 44.85% of the issued and outstanding common shares of the Company at the reco ...
Broadwind Announces Sale of Industrial Fabrication Operations in Manitowoc, Wisconsin
Globenewswire· 2025-06-04 23:00
Divestiture of the Manitowoc, WI facility optimizes asset base and improves operating leverage Further diversifies BWEN’s business toward higher-margin precision manufacturing segments Significantly enhances liquidity, while reducing net leverage and supporting capital deployment priorities CICERO, Ill., June 04, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it has ...
Australian Oilseeds Holdings Limited Announces Receipt of Nasdaq Notification Regarding Filing Delinquency
Globenewswire· 2025-06-04 22:53
Company Overview - Australian Oilseeds Holdings Limited is a manufacturer and seller of sustainable edible oils, focusing on non-GMO and organic products [3] - The company operates the largest cold pressing oil plant in Australia, dedicated to producing GMO-free conventional and organic oilseeds [3] Compliance and Reporting - The company received a notification from Nasdaq on May 27, 2025, regarding its delinquency in filing the Quarterly Report on Form 10-Q for the period ended March 31, 2025 [1] - On May 30, 2025, the company filed the required Form 10-Q, regaining compliance and eliminating the need to submit a formal plan to Nasdaq [2]
Volaris Reports May 2025 Traffic Results: Load Factor of 82%
Globenewswire· 2025-06-04 22:45
Core Insights - Volaris reported a 9.0% year-over-year increase in ASM capacity for May 2025, while RPMs grew by 3.5% [2][3] - The load factor decreased by 4.3 percentage points year-over-year to 81.8%, with 2.5 million passengers transported in May [2][3] Traffic Results - Domestic RPMs increased by 5.7% to 1,553 million, while international RPMs were effectively flat at 889 million [2][3] - Total RPMs for May 2025 reached 2,442 million, up from 2,360 million in May 2024, marking a 3.5% increase [2][3] Capacity Metrics - Domestic ASMs increased by 10.4% to 1,795 million, and international ASMs rose by 6.8% to 1,190 million [2][3] - Total ASMs for May 2025 were 2,985 million, compared to 2,739 million in May 2024, reflecting a 9.0% increase [2][3] Load Factor Analysis - The domestic load factor decreased to 86.5% from 90.4%, while the international load factor fell to 74.7% from 79.9% [2][3] - Overall, the total load factor for May 2025 was 81.8%, down from 86.1% in May 2024 [2][3] Passenger Statistics - Domestic passengers increased by 5.4% to 1,894 thousand, while international passengers rose by 0.8% to 608 thousand [2][3] - Total passengers transported in May 2025 were 2,502 thousand, compared to 2,400 thousand in May 2024, representing a 4.2% increase [2][3] Management Commentary - The CEO of Volaris indicated that capacity growth aligns with adjustments made during the earnings call, focusing on maximizing unit revenue performance [3] - The company remains optimistic about booking trends as it approaches the summer high season [3]
LGI Homes, Inc. Reports May 2025 Home Closings
Globenewswire· 2025-06-04 22:04
Company Performance - LGI Homes, Inc. closed 416 homes in May 2025, indicating ongoing operational activity and sales momentum [1] - As of May 31, 2025, the company had 145 active selling communities, reflecting its extensive market presence [1] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, showcasing its broad geographic reach [2] - Since its founding in 2003, LGI Homes has closed over 75,000 homes and has delivered profitable financial results every year, highlighting its successful business model [2] - The company has received national recognition for quality construction and customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [2] - LGI Homes employs over 1,000 individuals and has earned numerous workplace awards, including the Top Workplaces USA 2025 Award, indicating a strong corporate culture [2]
D-BOX Technologies Announces CEO Change
Globenewswire· 2025-06-04 21:39
Core Viewpoint - D-BOX Technologies Inc. announces the resignation of CEO Sébastien Mailhot and the appointment of Naveen Prasad as interim CEO, effective June 10, 2025, aiming for a smooth transition and continued financial progress [1][3][5]. Group 1: Leadership Transition - Sébastien Mailhot is stepping down after achieving significant financial milestones, contributing to revenue growth and improved profitability during his tenure [2][3]. - Naveen Prasad, with over 25 years of experience in media and technology, will take over as interim CEO, bringing a strong background in driving growth and organizational change [4][5]. - The Board expresses confidence in Prasad's ability to strengthen operational effectiveness and guide the next phase of the Corporation's evolution [5]. Group 2: New Board Appointment - Lori Vaudry Tersigni has been appointed as an independent director, bringing extensive operational and leadership experience from her previous roles at Morneau Shepell and CIBC [6]. Group 3: Financial Outlook - D-BOX is expected to release its financial results for the fourth quarter and full fiscal year ended March 31, 2025, on June 10, 2025 [7].
Targa Resources Corp. Prices $1.5 Billion Offering of Senior Notes
Globenewswire· 2025-06-04 21:39
Core Viewpoint - Targa Resources Corp. is conducting a public offering of $750 million in Senior Notes due 2030 and $750 million in Senior Notes due 2036 to manage its debt and support corporate activities [1][2]. Group 1: Offering Details - The public offering includes $750 million of 4.900% Senior Notes due 2030 priced at 99.870% of face value and $750 million of 5.650% Senior Notes due 2036 priced at 99.700% of face value [1]. - The expected closing date for the offering is June 18, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - A portion of the net proceeds will be used to redeem the 6.500% Senior Notes due 2027 [2]. - Remaining proceeds will be allocated for general corporate purposes, including repaying borrowings under the unsecured commercial paper note program, repaying other debts, repurchasing or redeeming securities, and funding capital expenditures or investments in subsidiaries [2]. Group 3: Company Overview - Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America [4]. - The company operates a diversified portfolio of infrastructure assets critical for the delivery of energy across the U.S. and internationally, connecting natural gas and natural gas liquids to markets with growing demand [4].
Gran Tierra Energy Announces Sale of Gran Tierra North Sea Limited
Globenewswire· 2025-06-04 21:30
Core Viewpoint - Gran Tierra Energy Inc. has announced the sale of its wholly owned subsidiary Gran Tierra North Sea Limited to NEO Energy for a total consideration of US$7.5 million, with the transaction expected to close in the third quarter of 2025 [1][2]. Group 1: Transaction Details - The sale involves Gran Tierra North Sea Limited, which holds a 100% equity interest in UKCS licence P2358, including the Serenity Discovery [2]. - The completion of the transaction is subject to customary conditions, including consent from the North Sea Transition Authority regarding the change of control of Gran Tierra North Sea Limited [2]. Group 2: Company Overview - Gran Tierra Energy Inc. is an independent international energy company focused on oil and natural gas exploration and production in Canada, Colombia, and Ecuador [3]. - The company is actively developing its existing asset portfolio and pursuing new growth opportunities to strengthen its overall portfolio [3].