Orca Energy Group Inc. Announces Discontinuance of Swala Tanzanian Court Proceedings
Globenewswire· 2026-02-27 22:21
Core Viewpoint - Orca Energy Group Inc. has reached an agreement with Swala Oil and Gas (Tanzania) plc to discontinue legal proceedings and refer disputes to confidential arbitration [1] Group 1: Legal Agreement - The Orca Group and Swala have agreed to discontinue Swala's proceedings against Orca before the High Court of Tanzania [1] - The anti-suit injunction filed by the Orca Group against Swala in the High Court of England and Wales has been stayed [1] - Any disputes will be referred to arbitration under the Arbitration Rules of the London Court of International Arbitration, with London as the arbitration seat [1] Group 2: Company Overview - Orca Energy Group Inc. is engaged in natural gas development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited [2] - The company trades on the TSX Venture Exchange under the symbols ORC.A and ORC.B [2]
Prime Drink Group Announces Management Change
Globenewswire· 2026-02-27 22:15
Core Viewpoint - Prime Drink Group Corp. has appointed Germain Turpin as Interim President and CEO, succeeding Alexandre Côté, who will remain on the Board of Directors and focus on special projects [1][2]. Group 1: Leadership Changes - Germain Turpin brings over 20 years of experience in the water industry in Québec and has previously owned two water assets now held by the Company [2]. - The Board of Directors expressed gratitude to Mr. Côté for his contributions and welcomed Mr. Turpin to his new role [2]. Group 2: Company Overview - Prime Drink Group Corp. is a Québec-based corporation aiming to become a leading diversified holding company in the beverage, influencer media, and hospitality sectors [3].
Trump Media & Technology Group Reports Full-Year 2025 Results
Globenewswire· 2026-02-27 22:05
~ $2.5 Billion in Financial Assets ~~ Positive Operating Cash Flow for 2025 ~~ $44 Million in Cash Proceeds from Options Strategy ~ SARASOTA, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, announced its financial results for the full year ending on December 31, 2025. These results are included i ...
Year-End Report January – December 2025
Globenewswire· 2026-02-27 22:00
Fourth Quarter 2025 (compared to fourth quarter 2024) Net sales for the quarter amounted to MSEK 5 (6)Gross margin for the quarter increased to 58% (13%)Operating loss amounted to MSEK -11 (-15)Earnings per share before and after dilution increased to SEK -0.01 (-0.03) In October 2025, Anoto Group AB entered into a secured convertible loan agreement of approximately USD 2.4 million with investors including Achilles Capital AB, Mark Stolkin, and Machroes Holdings Ltd. The loan carries 8% annual interest, mat ...
Apogee Minerals Announces Resignation of Directors
Globenewswire· 2026-02-27 22:00
Vancouver, British Columbia, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Apogee Minerals Ltd. (“Apogee” or the “Company”) (TSXV: APMI) announces that Mr. Jordan Trimble and Mr. Nick Findler have resigned from the Board of Directors of the Company, effective immediately, in order to focus on their other professional commitments. The Company thanks Mr. Trimble and Mr. Findler for their valuable contributions and service to the Company and wishes them continued success in their future endeavors. Further updates regardin ...
LGI Homes Expands in the Seattle Market with Grand Opening of Meadow Brook
Globenewswire· 2026-02-27 22:00
The Gregory Floorplan at Meadow Brook The four-bedroom, two-and-a-half-bath Gregory plan features the LGI Homes CompleteHome Plus package. PUYALLUP, Wash., Feb. 27, 2026 (GLOBE NEWSWIRE) -- LGI Homes, INC. (NASDAQ: LGIH) announced the Grand Opening of Meadow Brook, a new community in Puyallup, Washington. Featuring upgraded homes from the $500s, Meadow Brook expands the Company’s presence in the Seattle market and delivers new housing opportunities in a highly sought-after area near Tacoma. “We’re excit ...
AS Silvano Fashion Group Consolidated Interim Financial Report for Q4 and 12m of 2025 (unaudited)
Globenewswire· 2026-02-27 21:55
Core Insights - The company experienced a decline in financial performance for the 12 months of 2025 compared to 2024, with significant decreases in revenue, gross profit, operating profit, and net profit. Financial Performance - Revenue for 2025 was €55,466 thousand, down 4.5% from €58,070 thousand in 2024 [2] - Gross profit decreased by 14.6% to €29,262 thousand from €34,278 thousand [2] - Operating profit fell by 39.5% to €10,435 thousand compared to €17,248 thousand in the previous year [3] - EBITDA also saw a decline of 31.7%, amounting to €13,878 thousand [3] - Net profit for the period was €10,034 thousand, a decrease of 26.6% from €13,673 thousand [4] Margin Analysis - Gross profit margin decreased to 52.8% in 2025 from 59.0% in 2024, a change of -10.5% [2] - Operating profit margin dropped to 18.8% from 29.7%, reflecting a decrease of 36.7% [3] - EBITDA margin fell to 25.0% from 35.0%, a decline of 28.6% [3] - Net profit margin attributable to equity holders decreased to 16.6% from 21.3% [4] Financial Position - Total assets increased by 11.1% to €93,847 thousand as of December 31, 2025, compared to €84,489 thousand in 2024 [5] - Total equity attributable to equity holders rose by 16.3% to €76,768 thousand from €65,993 thousand [6] - Cash and cash equivalents decreased by 13.6% to €6,639 thousand from €7,683 thousand [10] Investments - The company invested €805 thousand in property, plant, and equipment during 2025, down from €942 thousand in 2024 [7] Personnel - As of December 31, 2025, the company employed 1,639 employees, a slight decrease from 1,655 in 2024 [8] Salaries and Taxes - Total salaries and related taxes for 2025 amounted to €15,799 thousand, an increase from €14,155 thousand in 2024 [9]
XTL Announces Receipt of Staff Delist Determination from Nasdaq and Plans to Request Hearing
Globenewswire· 2026-02-27 21:30
RAMAT GAN, ISRAEL, Feb. 27, 2026 (GLOBE NEWSWIRE) -- XTL Biopharmaceuticals Ltd. (Nasdaq:XTLB) (TASE:XTLB.TA) (the “Company” or “XTL”), announced today that it has received a letter (the “Letter”) from The Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), dated February 25, 2026, notifying the Company of the Staff’s belief, based upon its review of the Company and pursuant to Nasdaq Listing Rule 5101, that the Company is a “public shell”, and that continued listing o ...
FRO – Changes to the Board Composition
Globenewswire· 2026-02-27 21:30
Frontline plc (“Frontline” or the “Company”) announces that Mr. Ørjan Svanevik has resigned as Director of the Company. The Board would like to thank Mr. Svanevik for his considerable contribution to the Company during his directorship. At the same time, the Company announces the appointment of Mr. Mikkel Storm Weum as a Director. Mr. Weum is employed as an Investment Director in Seatankers Management Norway AS, responsible for Sale and Purchase, Newbuildings and Projects. Mr. Weum is also serving as a di ...
Chart Industries Reports Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-02-27 21:30
HOUSTON, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the fourth quarter and full year ended December 31, 2025. Full year 2025 compared to full year 2024: Orders of $5.68 billion increased 13.4%; full year 2025 book-to-bill of 1.33Sales of $4.26 billion increased 2.5%; sales increased 4.1% excluding a large lifecycle project and a large aftermarket equipment sale in 2024, which did not repeat in 2025Reported operating income of $358.4 million (8.4% of sale ...