Start of the construction of the second stage of Arena Garden Towers residential project (Riga, Latvia)
Globenewswire· 2025-10-15 05:00
Core Insights - SIA Merko mājas has launched the second stage of the Arena Garden Towers residential project in Riga, featuring a 13-storey building with 80 apartments set to be completed by early 2027 [1][2] - The project incorporates energy pile technology for sustainable heating and cooling solutions, and offers a variety of apartment types, including two-storey penthouses [2][3] - The overall Arena Garden Towers project will consist of four residential buildings with approximately 400 apartments, with the first stage already seeing nearly 80% of its 84 apartments sold [3] Company Overview - SIA Merko mājas is a prominent Latvian residential developer that manages all phases of development, including planning, design, construction, sales, and warranty service [4] - The parent company, AS Merko Ehitus, operates in Estonia, Latvia, and Lithuania, employing 605 people and generating a revenue of EUR 539 million for the year 2024 [4]
Mowi ASA (OSE:MOWI): Q3 2025 Trading update
Globenewswire· 2025-10-15 04:30
Core Insights - The total harvest volume for Q3 2025 reached an all-time high of 166.0 thousand tonnes, surpassing the previous record of 161.0 thousand tonnes in Q3 2024 [1] - Mowi had previously guided a total harvest volume of 160.0 thousand tonnes for Q3 2025 [1] Harvest Volumes - Harvest volumes by region for Q3 2025 are as follows: - Farming Norway: 99.5 thousand tonnes - Farming Scotland: 17.5 thousand tonnes - Farming Chile: 22.5 thousand tonnes - Farming Canada: 15.5 thousand tonnes - Farming Ireland: 3.0 thousand tonnes - Farming Faroes: 2.5 thousand tonnes - Farming Iceland (Arctic Fish): 5.5 thousand tonnes [1] Financial Performance - Operational EBIT for the Group was approximately EUR 112 million in Q3 2025 [3] - Blended farming cost decreased to EUR 5.42 per kg, down from EUR 5.72 in Q3 2024 [3] - Operational EBIT per kg by region was as follows: - Norway: EUR 1.10 - Scotland: EUR 1.55 - Chile: EUR 0.55 - Canada: EUR (2.00) - Ireland: EUR 0.20 - Faroes: EUR 0.55 - Iceland: EUR (1.10) [3] Additional Financial Metrics - Operational EBIT in Consumer Products was EUR 66 million [3] - Operational EBITDA in Feed was EUR 26 million in Q3 2025 [3] - Reported financial net interest-bearing debt (NIBD) for the group was approximately EUR 1,760 million at the end of the quarter [3]
BIO-key Showcases Next-Generation Identity & Biometric Authentication Solutions at Premier Tech and Cybersecurity Events: GITEX 2025 in Dubai and 19ENISE in Spain
Globenewswire· 2025-10-15 04:01
Core Insights - BIO-key International, Inc. is participating in two major cybersecurity events, GITEX Global 2025 in Dubai and 19ENISE in León, Spain, showcasing its biometric-centric Identity and Access Management (IAM) solutions [1][2][3] Group 1: Event Participation - GITEX Global is a premier technology and AI marketplace in the Middle East, featuring over 6,800 companies and 200,000+ attendees from 180 countries, making it an ideal platform for BIO-key to demonstrate its IAM leadership [3][4] - 19ENISE is recognized as Spain's leading cybersecurity forum, bringing together over 4,000 attendees and 173 international speakers, emphasizing cross-border collaboration in the cybersecurity industry [5][6][7] Group 2: Technology Demonstration - BIO-key will showcase its Identity-Bound Biometrics (IBB), PortalGuard IAM, and Passkey:YOU™ solutions, promoting a passwordless, phoneless, and tokenless future for organizations in various sectors [2][8] - The company's technology aims to enhance digital identity security while reducing authentication friction and costs [2][8] Group 3: Strategic Goals - BIO-key's participation in these events underscores its commitment to helping organizations achieve NIST2 compliance and protect critical infrastructure through its biometric IAM technologies [8] - The leadership team will engage with customers and partners to expand collaborations across the EMEA region [8][9]
EyePoint Announces Pricing of Public Offering
Globenewswire· 2025-10-15 02:43
Core Viewpoint - EyePoint Pharmaceuticals, Inc. has announced a public offering of 11 million shares at $12.00 per share, aiming to raise approximately $150 million to support its clinical development and corporate initiatives [1][2]. Group 1: Offering Details - The offering includes 11,000,000 shares of common stock priced at $12.00 each and pre-funded warrants for 1,500,000 shares at $11.999 each, with total gross proceeds expected to be around $150 million before expenses [1]. - The closing of the offering is anticipated on or about October 16, 2025, pending customary closing conditions [1]. - Underwriters have a 30-day option to purchase an additional 1,875,000 shares at the public offering price [1]. Group 2: Use of Proceeds - Net proceeds from the offering will be utilized to advance the clinical development of DURAVYU™ for wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME), as well as to support earlier stage pipeline initiatives and general corporate purposes [2]. Group 3: Company Overview - EyePoint Pharmaceuticals is a clinical-stage biopharmaceutical company focused on innovative therapeutics for serious retinal diseases, with its lead product candidate, DURAVYU™, currently in Phase 3 trials for wet AMD and expected to initiate trials for DME in early 2026 [6][8]. - The company has a history of developing four approved drugs over three decades, treating tens of thousands of patients [7].
Singapore Land Transport Authority enhances critical railway infrastructure with Nokia Optical LAN and IP solutions
Globenewswire· 2025-10-15 02:00
Core Insights - The Land Transport Authority (LTA) of Singapore is enhancing its railway infrastructure by deploying Nokia's Optical LAN and IP/MPLS solutions to upgrade its video surveillance system [1][9] - This upgrade aims to improve public safety and security for millions of passengers using the railway system daily [9] Company and Industry Summary - The CCTV cameras are essential for real-time monitoring, ensuring public safety, detecting illegal activities, and managing traffic patterns across more than 50 stations [2] - Nokia's Optical LAN solution is designed to support high-speed data transmission of up to 25Gb/s, requiring 70% less cabling and 40% less power compared to traditional copper-based networks [3] - The partnership between Nokia and Hitachi Rail focuses on delivering a comprehensive solution that meets the growing demands of LTA's video surveillance and network operations [5] - The upgraded video transmission network will significantly enhance safety for millions of passengers traveling on Singapore's railways [9]
Bunker Hill Announces Equity Compensation Grants
Globenewswire· 2025-10-15 01:45
Core Points - Bunker Hill Mining Corp. has approved the grant of 3,980,071 restricted stock units (RSUs) to certain directors and officers, which will vest in increments over the next three years [1] - The board also approved the grant of 626,593 incentive stock options to a certain officer, with an exercise price of C$0.215 and a vesting schedule over three years [2] - The company aims to sustainably restart and develop the Bunker Hill Mine as part of a strategy to consolidate and optimize its mining assets [4] Summary by Category Restricted Stock Units (RSUs) - An aggregate of 3,980,071 RSUs has been granted to directors and officers, vesting in one-third increments on October 14, 2025, June 30, 2026, and June 30, 2027 [1] - Each RSU will convert into one common share at a deemed price of C$0.215 based on the closing price on October 10, 2025 [1] Stock Options - The board approved 626,593 stock options for a certain officer, expiring on October 14, 2030, with an exercise price of C$0.215 [2] - The options will vest in tranches over three years, with specific vesting dates for portions of the options [2] Company Strategy - Under new leadership, Bunker Hill intends to restart and develop the Bunker Hill Mine, focusing on consolidating and optimizing its mining assets primarily in North America [4]
Western Uranium & Vanadium Closes Brokered LIFE Financing of $5.9 Million
Globenewswire· 2025-10-14 22:40
THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Toronto, Ontario and Nucla, Colorado, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Western Uranium & Vanadium Corp. (CSE: WUC) (“Western” or the ”Company”) is pleased to announce the closing of its bought deal private placement financing, which was previously announced in the Company’s news releases issued on October 8, 2025 and October 9, 2025. Pursuant to the financing, Western issued a total of 6,555,556 un ...
El Pollo Loco Celebrates Growth Milestone with 500th U.S. Restaurant
Globenewswire· 2025-10-14 22:39
COSTA MESA, Calif., Oct. 14, 2025 (GLOBE NEWSWIRE) -- El Pollo Loco is proud to announce the opening of its 500th restaurant, a significant milestone in the company’s growth and expansion. The new location, which will celebrate its Grand Opening on Friday, 10/17, builds on the brand’s 50-year legacy of bringing fire-grilled chicken and Mexican-inspired cuisine to new communities. “Reaching 500 locations is a landmark achievement for El Pollo Loco, especially during our 50th anniversary year,” said El Poll ...
Abcourt Announces Brokered Private Placement for Gross Proceeds of Up to $8.5 Million
Globenewswire· 2025-10-14 22:20
Core Points - Abcourt Mines Inc. has entered into an agreement with Red Cloud Securities Inc. for a brokered private placement aiming to raise up to $8,500,000 through the sale of flow-through units and regular units [1][4] - The offering includes up to 41,666,666 flow-through units priced at $0.12 each and up to 41,176,471 regular units priced at $0.085 each [1][3] - The proceeds from the sale of regular units will be allocated for working capital and general corporate purposes, while proceeds from flow-through units will be directed towards the exploration of the Flordin-Cartwright project in Quebec [6] Offering Details - Each flow-through unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at $0.12 within 36 months [2] - Each regular unit also consists of one common share and one warrant, with similar terms for the warrant [3] - The offering is subject to conditions including necessary approvals from the TSX Venture Exchange, with a closing date expected around October 31, 2025 [7] Additional Information - The agents have an option to sell an additional $1,500,000 in units prior to the closing date [5] - The securities will be offered under the Listed Issuer Financing Exemption, making them immediately tradeable under Canadian securities legislation for Canadian residents [4] - The company is a Canadian development firm with properties in northwestern Quebec, focusing on the Sleeping Giant mine and mill [11]
Smart Logistics Global Limited Announces Pricing of Its Initial Public Offering
Globenewswire· 2025-10-14 22:05
Hong Kong, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Smart Logistics Global Limited (the “Company” or “SLGB”), a Hong Kong-based business-to-business contract logistics solution provider, today announced the pricing of its initial public offering (the “Offering”) of 1,000,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $5.00 per share for total gross proceeds of $5,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listi ...