Cornish Metals Provides an Update for the South Crofty Tin Project
GlobeNewswire· 2025-06-04 06:00
Core Viewpoint - Cornish Metals Inc. is advancing its South Crofty tin project in Cornwall, UK, by placing orders for critical long lead items and engaging Technical Management Group Ltd for project management services, aiming to maintain project momentum and prepare for pre-production activities in H2 2026 [1][8]. Group 1: Project Management and Development - Cornish Metals has engaged TMG to provide project management consulting services, enhancing the company's resources during the construction phase and ramp-up to full production [6][7]. - TMG specializes in project management for mining, energy, and infrastructure sectors, ensuring the right expertise is applied to drive project success [7]. Group 2: Equipment Orders - Orders have been placed with Qualter Hall for two winders, which are essential for the South Crofty project, utilizing proceeds from a recent fundraising [2][4]. - The service winder has a capacity of 12,500 kg and will replace an existing winder, while the production winder will hoist rock with a capacity of 11,500 kg, designed to meet production demands [4][5]. Group 3: Company Background and Project Significance - Cornish Metals is a dual-listed mineral exploration and development company focused on the South Crofty tin project, which is permitted to commence underground mining and could become the only primary tin producer in Europe or North America [12]. - The project is supported by local communities and governments, with the potential to create up to 320 direct jobs [12].
Performance Shipping Inc. Announces Fixed Income Investor Meetings
GlobeNewswire· 2025-06-04 05:43
Company Overview - Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels, employing its fleet on spot voyages, pool arrangements, and time charters [3] Bond Issuance - The company plans to arrange a series of fixed income investor calls starting on June 6, 2025, with a potential five-year USD denominated senior unsecured bond issue to follow, subject to market conditions [1] - The net proceeds from the contemplated bond issue will be used for fleet expansion, renewal, and general corporate purposes [1] Regulatory Compliance - The senior unsecured bonds, if issued, will be offered only to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons outside the United States under Regulation S [2] - The bonds will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold in the United States without registration or an applicable exemption [2]
Citi to end policy restricting services to retail clients selling firearms in effort to ensure 'fair access'
Fox Business· 2025-06-04 05:41
Core Viewpoint - Citigroup is revising its policies regarding banking services for retail clients selling firearms and clarifying its stance on political affiliation discrimination, aiming to enhance fair access to banking services amid regulatory scrutiny [1][2][11]. Group 1: Policy Changes - Citigroup is removing its U.S. Commercial Firearms Policy established in 2018, which restricted services to retail clients and partners involved in firearms sales [6]. - The company is updating its employee Code of Conduct and Global Financial Access Policy to explicitly state that it does not discriminate based on political affiliation, similar to its non-discrimination stance on race and religion [9]. Group 2: Regulatory Context - The changes are in response to increasing scrutiny from federal lawmakers regarding allegations of banks denying services to certain industries or political groups, particularly since the return of President Trump [5][11]. - Citigroup's Head of Enterprise Services and Public Affairs emphasized the need to balance fair access to banking products while managing risks appropriately [2][3]. Group 3: Industry Reactions - The banking industry has faced accusations of discrimination, with banks arguing that outdated regulations complicate their ability to provide services or justify denials [5]. - Citigroup expressed hope that communities and lawmakers will continue to seek solutions to prevent gun violence while adhering to best sales practices [8].
Nokia Corporation - Managers' transactions (Hotard)
GlobeNewswire· 2025-06-04 05:30
Group 1 - Nokia Corporation's CEO, Justin Hotard, conducted a share acquisition of 609,274 shares at a unit price of 4.6301 EUR on June 3, 2025, as part of a long-term incentive arrangement [1] - The transaction was reported under Article 19 of the EU Market Abuse Regulation, indicating compliance with regulatory requirements [1] - The acquisition took place on NASDAQ HELSINKI LTD, highlighting Nokia's presence in the public equity market [1] Group 2 - Nokia is recognized as a B2B technology innovation leader, focusing on creating networks that integrate mobile, fixed, and cloud technologies [2] - The company leverages its intellectual property and long-term research, particularly through Nokia Bell Labs, which has a century-long history of innovation [2] - Nokia's high-performance networks are designed to be open and secure, providing opportunities for monetization and scalability for service providers and enterprises globally [3]
BW Offshore: Ex dividend USD 0.0625 today
GlobeNewswire· 2025-06-04 05:30
Company Overview - BW Offshore Limited will trade ex-dividend at USD 0.0625 per share starting from June 4, 2025 [1] - Dividend payment to shareholders is scheduled for approximately June 12, 2025 [1] - The company specializes in innovative floating production solutions and operates a fleet of FPSOs [1] - BW Offshore has around 1,100 employees and is publicly listed on the Oslo stock exchange [1] Industry Context - The company leverages four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving markets worldwide [1]
Netstreit: It's Getting Risky (Rating Downgrade)
Seeking Alpha· 2025-06-04 05:17
Core Insights - The article emphasizes the importance of dividend investing as a pathway to financial freedom, highlighting its accessibility and potential for steady income [1]. Group 1: Investment Philosophy - The author combines financial expertise with value investing principles, focusing on dividend investing as a foundational strategy for wealth building [1]. - The article aims to demystify dividend investing, making it more approachable for individuals seeking long-term financial growth [1]. Group 2: Professional Background - The author has extensive experience in M&A and business valuation, having evaluated numerous businesses and participated in both sell-side and buy-side transactions [1]. - The sectors of focus include technology, real estate, software, finance, and consumer staples, which are also reflected in the author's personal investment portfolio [1].
World's Leading Institutions and IBA launch Proton Therapy Academy to shape the future of cancer care
GlobeNewswire· 2025-06-04 05:00
New global education initiative unveiled at 2025 PTCOG Annual Conference Louvain-la-Neuve, Belgium, 4 June 2025 - IBA (Ion Beam Applications SA), the world leader in particle accelerator technology and the world’s leading provider of proton therapy solutions for the treatment of cancer, today announces the launch of Proton Therapy Academy, a new global training and education initiative developed in partnership with prominent institutions in the field of proton therapy. The Academy has been unveiled at the ...
WISeKey International Holding Ltd Announces Adjournment of 2025 Annual General Meeting
GlobeNewswire News Room· 2025-06-04 05:00
Core Points - WISeKey International Holding Ltd has announced the adjournment of its 2025 Annual General Meeting (AGM) from June 19, 2025, to June 27, 2025, due to logistical reasons [1] - The venue for the AGM will remain the same, located at the offices of Homburger AG in Zurich, Switzerland, with admittance starting at 1:30 p.m. Swiss time [2] - The agenda and related proposals of the Board of Directors for the AGM will remain unchanged despite the date change [2] Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating as a Swiss-based holding company with several operational subsidiaries [3] - The subsidiaries include SEALSQ Corp focusing on semiconductors and post-quantum technology, WISeKey SA specializing in secure authentication for IoT and Blockchain, WISeSat AG for secure satellite communication, WISe.ART Corp for blockchain NFTs, and SEALCOIN AG for decentralized physical internet [3][4] - WISeKey has deployed over 1.6 billion microchips across various IoT sectors, playing a crucial role in securing the Internet of Everything [4]
WISeKey International Holding Ltd Announces Adjournment of 2025 Annual General Meeting
GlobeNewswire· 2025-06-04 05:00
WISeKey International Holding Ltd Announces Adjournment of 2025 Annual General Meeting Zug, Switzerland, June 4, 2025 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd. (“WISeKey” or the “Company”) (SIX: WIHN, NASDAQ: WKEY), leading global cybersecurity, blockchain, and IoT company, announced today that the Board of Directors has decided, for logistical reasons, to ajourn the 2025 Annual General Meeting of Shareholders (“AGM“) from June 19, 2025, 2:00 p.m. Sw ...
SIKA TO ADVANCE THE DIGITAL TRANSFORMATION OF THE CONSTRUCTION INDUSTRY WITH GIATEC
GlobeNewswire· 2025-06-04 05:00
Core Insights - Sika has made a strategic investment in Giatec Scientific Inc., focusing on digital concrete technology to enhance efficiency and sustainability in the construction industry [1][4] - The partnership aims to leverage AI-powered solutions for optimizing concrete mixes, leading to cost savings and reduced CO₂ emissions [2][3] - Giatec's advanced technologies, including AI and IoT, are designed to revolutionize concrete production and monitoring, contributing to a lower carbon footprint [5] Company Profiles - Giatec is a global leader in smart testing technologies for concrete, utilizing AI and IoT to optimize the concrete lifecycle and reduce environmental impact [5] - Sika is a specialty chemicals company with a strong global presence, generating CHF 11.76 billion in sales in 2024 and focusing on innovative solutions for the construction sector [6]