Tenaris to Commence a USD 600 million First Tranche of its USD 1.2 Billion Share Buyback Program
Globenewswire· 2025-06-06 21:50
Group 1 - Tenaris S.A. announced a Share Buyback Program covering up to USD 1.2 billion, with a non-discretionary buyback agreement with a primary financial institution [1][2] - The buyback program will be executed in compliance with applicable regulations, allowing purchases during closed periods [2] - The first tranche of the program will cover up to USD 600 million and will commence on June 9, 2025, ending no later than December 8, 2025 [3] Group 2 - Ordinary shares purchased under the program will be cancelled in due course, following the authority granted by the general meeting of shareholders held on May 6, 2025 [3] - Tenaris is recognized as a leading global supplier of steel tubes and related services for the energy industry and other industrial applications [5]
High Roller Receives Notice of Non-Compliance with NYSE American Continued Listing Standards
Globenewswire· 2025-06-06 21:15
Core Viewpoint - High Roller Technologies is addressing compliance issues with NYSE American listing standards, aiming to submit a plan to regain compliance by July 4, 2025, after being notified of insufficient stockholders' equity [2][3][5]. Group 1: Compliance Status - On June 4, 2025, High Roller Technologies was informed that its stockholders' equity was approximately $2.8 million, below the required $4 million for continued listing [2]. - The company has reported losses from continuing operations in three of its four most recent fiscal years, which disqualifies it from certain exemptions under NYSE guidelines [2][3]. - The company must submit a compliance plan by July 4, 2025, to demonstrate how it will regain compliance within 18 months, or face potential delisting [3][5]. Group 2: Company Confidence and Strategy - High Roller Technologies expresses confidence in its ability to submit an acceptable compliance plan and regain compliance promptly [5]. - The CEO stated that the company is in a transformative period and is executing its strategy effectively [6]. - The company continues to operate its online casino brands, High Roller and Fruta, and maintains its listing on the NYSE American during this compliance period [4][6]. Group 3: Company Overview - High Roller Technologies is a leading global online gaming operator with a diverse portfolio of over 5,000 premium games from more than 90 providers [6]. - The company is known for its innovative casino brands and aims to deliver a user-friendly online gaming experience in the rapidly expanding iGaming industry [6].
BlackRock® Canada Announces Changes to the iShares Jantzi Social Index ETF
Globenewswire· 2025-06-06 21:07
Core Insights - BlackRock Canada announces that the iShares Jantzi Social Index ETF will experience higher than normal portfolio turnover due to changes in the evaluation process for the Morningstar Jantzi Social Index, effective June 20, 2025 [1][2] - The iShares ETF aims to replicate the performance of the Index, and the upcoming rebalance is expected to result in higher transaction costs and net capital gains, although the total net capital gains income will not be known until December 15, 2025 [1] - Morningstar will implement several changes to the Index, including a name change, semi-annual reviews, a new parent benchmark, and modifications to ESG exclusions and constituent selection criteria [2] Company Overview - BlackRock is a leading provider of financial technology and aims to enhance financial well-being for investors by making investing easier and more affordable [4] - iShares, a subsidiary of BlackRock, manages over 1,500 exchange-traded funds (ETFs) with assets under management totaling approximately US$4.3 trillion as of March 31, 2025 [5]
Digi Power X Announces Grant of Stock Options
Globenewswire· 2025-06-06 21:05
Core Viewpoint - Digi Power X Inc. has granted 1,145,000 stock options to its officers, directors, management, key consultants, and employees, which are exercisable at a price of C$2.09 for five years, fully vesting on the grant date [2]. Company Overview - Digi Power X is an innovative energy infrastructure company focused on developing advanced data centers to promote the growth of sustainable energy assets [3]. Stock Options Details - The stock options granted are in accordance with the Company's stock option plan and are subject to the policies of the TSX Venture Exchange [2].
Metalsource announces change of directors
Globenewswire· 2025-06-06 21:00
Company Overview - Metalsource Mining Inc. is engaged in the acquisition, exploration, and development of mineral property assets in Canada [2] - The company's objective is to locate and develop economic precious and base metal properties of merit [2] - The exploration program is focused on the Old Timer Property, located 17 km southeast of Nelson in the Nelson Mining Division of southern British Columbia [2] Recent Developments - James Rogers has resigned as a Director of Metalsource Mining Inc. [1] - The company expressed gratitude for Mr. Rogers' services on the Board and wished him well in future endeavors [1]
AYR Announces Entry into Limited Waiver Agreement with Senior Noteholders
Globenewswire· 2025-06-06 21:00
Core Viewpoint - AYR Wellness Inc. has entered into a Limited Waiver Agreement with the majority holders of its senior secured notes to temporarily address certain defaults and provide the company with additional time to negotiate its capital structure and payment obligations [1][2][3]. Group 1: Agreement Details - The Limited Waiver Agreement offers a temporary waiver of specific events of default, including delays in filing interim financial statements and certain payment defaults [2]. - The waiver is effective until June 19, 2025, unless terminated earlier due to specified events [2]. - The Agreement restricts the Majority Holders from exercising their default-related rights during the waiver period [4]. Group 2: Company Operations and Strategy - AYR Wellness is actively negotiating with senior lenders and exploring strategic alternatives to manage its capital structure and upcoming payment obligations [3]. - The company remains committed to operating in the ordinary course and delivering high-quality cannabis products to its customers [5]. - AYR will continue to provide updates regarding the status of the Agreement and any significant developments [5]. Group 3: Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries and a portfolio of cannabis consumer packaged goods brands [7].
The Children's Place Reports First Quarter 2025 Results
GlobeNewswire News Room· 2025-06-06 20:30
Core Viewpoint - The Children's Place, Inc. reported a challenging first fiscal quarter for 2025, with significant declines in net sales and gross profit, primarily due to macroeconomic pressures and changes in shipping thresholds impacting e-commerce sales [2][3][5]. Financial Performance - Net sales decreased by $25.8 million, or 9.6%, to $242.1 million compared to $267.9 million in the same period last year [3][23]. - Comparable retail sales fell by 13.6%, largely driven by a decrease in e-commerce revenue [4]. - Gross profit decreased by $21.9 million to $70.8 million, with gross margin dropping 540 basis points to 29.2% [5][29]. - Selling, general, and administrative expenses were reduced to $86.7 million from $109.1 million, marking the lowest level in over 15 years for the first quarter [6][10]. Operational Insights - The company experienced an operating loss of $(24.1) million, an improvement from $(28.0) million in the prior year [7]. - Adjusted net loss was $(32.8) million, or $(1.52) per diluted share, compared to $(14.9) million, or $(1.18) per diluted share, in the same period last year [10][26]. Inventory and Cash Flow - Inventory levels were $422.2 million, slightly down from $425.2 million a year ago, reflecting a shift in product strategy [13]. - As of May 3, 2025, the company had total liquidity of $84.4 million, with $5.7 million in cash and cash equivalents [12]. Strategic Outlook - The company plans to focus on improving inventory turns, streamlining productivity, and reducing SG&A spending while entering the back-to-school selling season with a more balanced inventory [2]. - Future initiatives include a revitalized loyalty program, new product offerings, and innovative marketing strategies to attract new customers [2].
Talisker Closes Non-Brokered Private Placement for Gross Proceeds of Approximately $14 Million
Globenewswire· 2025-06-06 20:30
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 06, 2025 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce that it has closed the previously announced non-brokered private placement (the “Offering”) for total gross proceeds of approximately $14 million. In connection with the Offering, the Company issued an aggregate of 27,913,000 units (the “Units”) at a price of $0.50 pe ...
Marimaca Announces Results of Annual General Meeting of Shareholders
Globenewswire· 2025-06-06 20:30
VANCOUVER, British Columbia, June 06, 2025 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (TSX: MARI) (ASX: MC2) (“Marimaca” or the “Company”) is pleased to announce the results of the votes cast by ballot at its Annual General Meeting of Shareholders held virtually via webcast on Thursday, June 5, 2025 at 10:00 a.m. (local time in Vancouver, British Columbia) (the “Meeting”). All matters submitted to shareholders for approval as set out in the Company’s Notice of Annual General Meeting of Shareholders and Infor ...
Captivision, Inc. Announces Receipt of Staff Determination Letter from Nasdaq
Globenewswire· 2025-06-06 20:30
MIAMI, June 06, 2025 (GLOBE NEWSWIRE) -- Captivision Inc. (“Captivision” or the “Company”) (NASDAQ: CAPT), a pioneering manufacturer and global LED solution provider, announced that on June 4, 2025, it received a staff determination letter (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it had not regained compliance with the Market Value of Listed Securities (“MVLS”) Requirement by June 2, 2025. The Determination L ...