Workflow
Plaid Technologies Appoints Dr. Ian Flint as Technical Advisor to Support Commercialization of Graphene Technologies
Globenewswire· 2026-02-05 08:05
Core Viewpoint - Plaid Technologies Inc. has appointed Dr. Ian Flint as a Technical Advisor to enhance its graphene-enabled technologies and support their commercialization efforts [1][5]. Group 1: Appointment of Dr. Ian Flint - Dr. Flint has over 30 years of experience in process development, pilot plant design, and industrial-scale operations, with a focus on graphite and graphene technologies for more than 15 years [2]. - His career includes roles in mineral processing, teaching engineering, and leading projects in graphite and graphene development, as well as founding two technology startups [3]. - In his advisory role, Dr. Flint will focus on process optimization, scale-up readiness, and transitioning from laboratory work to commercial production [4]. Group 2: Company Strategy and Goals - Plaid is positioned at the intersection of advanced materials and industrial applications, aiming to leverage graphene for significant value [5]. - The CEO of Plaid, Guy Bourgeois, emphasized that Dr. Flint's expertise aligns with the company's objectives to advance graphene-enabled solutions into field testing and market adoption [5]. - The company aims to develop scalable and commercially viable graphene solutions for large industrial markets, enhancing its technical depth through Dr. Flint's appointment [5]. Group 3: Stock Options Granted - The company has granted Dr. Flint 75,000 stock options at an exercise price of $0.94 per share, which will vest quarterly over 12 months [6]. - These options are part of the company's long-term incentive plan approved by shareholders on October 30, 2025 [6].
International Petroleum Corporation to release 2025 Year-End Financial and Operational Results and to hold 2026 Capital Markets Day on February 10, 2026
Globenewswire· 2026-02-05 08:00
Core Insights - International Petroleum Corporation (IPC) will release its financial and operating results for the year ended December 31, 2025, on February 10, 2026, at 07:30 CET, followed by an audiocast at 10:00 CET [1] - IPC's annual Capital Markets Day will also take place on February 10, 2026, as a webcast at 15:00 CET [1] Company Overview - IPC is an international oil and gas exploration and production company with a high-quality portfolio of assets located in Canada, Malaysia, and France, which supports both organic and inorganic growth [4] - IPC is a member of the Lundin Group of Companies and is incorporated in Canada, with shares listed on the Toronto Stock Exchange (TSX) and Nasdaq Stockholm under the symbol "IPCO" [4]
Alvotech Announces Positive Top-Line Results from Pivotal Pharmacokinetic Study for Proposed Biosimilar to Entyvio®
Globenewswire· 2026-02-05 08:00
Core Insights - Alvotech announced positive top-line results from a pharmacokinetic study for AVT80, a biosimilar candidate to Entyvio, meeting all primary endpoints [1][2][3] Group 1: Study Details - The pharmacokinetic study (AVT80-GL-P01) was a randomized, double-blind, single-dose, parallel-group design involving healthy adult participants, demonstrating PK similarity and investigating safety, tolerability, and immunogenicity profiles of AVT80 compared to Entyvio after a single 108 mg/0.68 mL subcutaneous injection [2][4] - The study results are pivotal for supporting the demonstration of clinical similarity for both AVT16 and AVT80, which are proposed biosimilars to Entyvio for intravenous and subcutaneous administration, respectively [4] Group 2: Company Overview - Alvotech is a biotechnology company focused on developing and manufacturing biosimilar medicines, aiming to be a global leader in the biosimilar space with a pipeline that includes nine disclosed biosimilar candidates targeting various diseases [8] - The company has already approved and marketed two biosimilars, Humira and Stelara, in multiple global markets and has formed strategic commercial partnerships to enhance its global reach [8] Group 3: Market Context - Entyvio (vedolizumab) is indicated for treating moderate to severe Ulcerative Colitis and Crohn's disease, with combined net revenues from its sales reaching approximately US$6.4 billion in 2025 [5][6]
International Petroleum Corporation to release 2025 Year-End Financial and Operational Results and to hold 2026 Capital Markets Day on February 10, 2026
Globenewswire· 2026-02-05 08:00
TORONTO, Feb. 05, 2026 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three months and year ended December 31, 2025, on Tuesday, February 10, 2026 at 07:30 CET, followed by an audiocast at 10:00 CET. IPC’s annual Capital Markets Day will also be held on Tuesday, February 10, 2026 as a webcast at 15:00 CET. Follow the 2025 year-end financial and operating resu ...
INVL Technology shareholders approve extension of operational term by two years
Globenewswire· 2026-02-05 07:50
Core Viewpoint - INVL Technology has successfully extended its operational term by two years, now set to end on 14 July 2028, to enhance strategic flexibility and complete its investment cycle effectively [2][4]. Group 1: Operational Extension - The Extraordinary General Meeting of Shareholders held on 5 February 2026 approved the proposal to extend the company's operational term [1][3]. - The operational term was previously scheduled to end on 14 July 2026 and is now extended to 14 July 2028 [2][4]. Group 2: Strategic Implications - The extension of the operational term is aimed at ensuring strategic flexibility and facilitating the smooth completion of the investment cycle, focusing on long-term value creation for shareholders [2][5]. - Kazimieras Tonkūnas, Managing Partner of INVL Technology, emphasized that the decision allows for the best outcomes for investors while continuing to enhance the value of portfolio companies [5]. Group 3: Financial Performance - INVL Technology reported a net profit increase of 89% year-on-year for the first nine months of 2025, amounting to EUR 2.1 million [7]. - As of 30 September 2025, the company's equity stood at EUR 53.36 million [7].
Resolutions of the Extraordinary General Shareholders Meeting of INVL Technology
Globenewswire· 2026-02-05 07:50
Group 1 - The General Extraordinary Shareholders Meeting of INVL Technology was held on February 5, 2026, to discuss the extension of the Company's term of activity and related amendments to the Articles of Association [1] - Shareholders voted to extend the Company's term of activity by 2 years [2] - The Company’s Articles of Association allowed for a term extension of up to 2 years, and shareholders confirmed their agreement to this resolution being adopted less than 6 months prior to the expiry of the current term [3] Group 2 - The shareholders approved a new wording of the Company's Articles of Association, which included amendments that are not considered material [4] - The entire text of the Articles of Association was replaced without approving individual clauses separately [5] - Kazimieras Tonkūnas was authorized to sign the new Articles of Association and register it according to applicable laws [5] Group 3 - The final term of the Company's activity is established to be 12 years from the issuance of the closed-ended investment company license, with related provisions for term extension being removed [7]
Eramet Grande Côte demonstrates the Eramet Group's commitment to responsible mining by achieving IRMA 50 performance level
Globenewswire· 2026-02-05 07:30
Core Insights - Eramet Grande Côte has achieved the IRMA 50 performance level, marking a significant milestone in responsible mining practices within the Eramet Group [1][6][9] Group 1: IRMA Standard and Evaluation - The IRMA Standard for Responsible Mining is recognized as one of the most comprehensive evaluation frameworks in the mining sector, distinguishing four performance levels: IRMA Transparency, IRMA 50, 75, and 100 [2] - The IRMA 50 level indicates compliance with critical requirements across four principal areas: social responsibility, environmental responsibility, business integrity, and planning for positive legacies [2] Group 2: Audit Results and Transparency - The audit of Eramet Grande Côte revealed strong environmental, social, and governance practices, with specific performance levels: Business integrity at 74%, Social responsibility at 74%, Environmental responsibility at 67%, and Planning for positive legacies at 67% [7][9] - The audit process is voluntary and based on independent external evaluation, with full publication of the audit report to ensure transparency [4][6] Group 3: Continuous Improvement and Stakeholder Engagement - Follow-up audits will be conducted every 18 months to verify ongoing compliance with the IRMA standard, with results made publicly available [5][6] - Areas for improvement have been identified, focusing on best practices, stakeholder engagement, grievance management, resettlement processes, and water quality monitoring [10][11] Group 4: Commitment to Responsible Mining - The achievement of the IRMA 50 level aligns with the State of Senegal's goals for economic sovereignty and responsible development in the mining sector [8] - The Eramet Group aims to leverage this responsible mining approach to engage stakeholders in adopting higher environmental and social standards [9]
Danish Government Borrowing and Debt 2025
Globenewswire· 2026-02-05 07:30
Group 1 - Denmark has experienced a slight increase in government debt to kr. 235 billion, which is 7.6% of GDP, while government interest costs remain low at kr. 5 billion [1] - The government has taken over the financing of municipalities and regions, resulting in estimated annual interest savings of approximately kr. 1 billion [2] - Denmark has issued the world's first government bond under the European Green Bond Standard, with a new 10-year green government bond launched as part of the updated green bond programme [3]
Shell plc publishes fourth quarter 2025 press release
Globenewswire· 2026-02-05 07:01
Core Insights - 2025 was a year of accelerated momentum for Shell, achieving strong operational and financial performance with a free cash flow of $26 billion and $5 billion in cost savings since 2022 [1][3] - The company announced a 4% increase in its dividend and a $3.5 billion share buyback, marking the 17th consecutive quarter of buybacks exceeding $3 billion [2][4] Financial Performance - Q4 2025 Adjusted Earnings were $3.3 billion, with Cash Flow from Operations (CFFO) of $9.4 billion, supported by strong performance in Upstream and Integrated Gas despite a lower price environment [2][3] - Full year CFFO for 2025 was resilient at $42.9 billion, with shareholder distributions around 52% of CFFO [3] - The company maintained a strong balance sheet with net debt of approximately $45.7 billion and a gearing ratio of 20.7% [3] Cost Management and Capital Allocation - Structural cost reductions of $5.1 billion were achieved since 2022, with $2 billion delivered in 2025 [3] - Cash capital expenditure for 2025 was $20.9 billion, with an outlook for 2026 set between $20 billion and $22 billion [3] Strategic Portfolio Actions - Significant strategic actions included exits from Nigeria Onshore, Canadian Oil Sands, and Singapore Chemicals & Refinery, while enhancing Integrated Gas and Upstream portfolios through acquisitions [4][13] Segment Performance - Integrated Gas reported Adjusted Earnings of $1.661 billion in Q4 2025, with production of 948 kboe/d and LNG sales volumes of 19.8 MT [5][9] - Upstream Adjusted Earnings were $1.570 billion, with total production of 1,892 kboe/d [5][10] - Marketing segment Adjusted Earnings were $578 million, reflecting seasonally lower volumes [5][11] - Chemicals & Products reported Adjusted Earnings of $(0.066) billion, with a decline in chemicals sales volumes by 22% year-over-year [5][18] Future Outlook - The company anticipates continued strong performance in 2026, with production and sales volumes expected to remain stable [10][11]
VAALCO Energy, Inc. Announces Agreement to Divest Non-Core Asset
Globenewswire· 2026-02-05 07:00
Core Viewpoint - Vaalco Energy, Inc. has announced the sale of its non-core producing properties in Canada for approximately CAD 35.0 million (USD 25.6 million), with the effective date being February 1, 2026, and expected closure within 30 days, subject to customary conditions [1][2] Financial Summary - The Canadian properties have a current working interest production of approximately 1,850 barrels of oil equivalent per day (BOEPD) [1] - The sale price of CAD 35.0 million is equivalent to 2.7 times the trailing 12 months operational cash flow of approximately USD 9.7 million for the Canadian assets [2][10] Strategic Focus - The company aims to concentrate on its core assets that present significant drilling campaigns and growth potential, having generated CAD 82 million (USD 64 million) in operational cash flow since the acquisition of the Canadian assets [2] - The decision to sell the Canadian assets is aligned with the company's strategy to focus on high-quality assets with substantial development opportunities [2] Company Background - Vaalco Energy, Inc. is an independent energy company based in Houston, Texas, with a diverse portfolio of production, development, and exploration assets across several countries including Gabon, Egypt, Côte d'Ivoire, Equatorial Guinea, and Nigeria [3]