Workflow
K&F CONCEPT Launches Lightweight Carbon Fiber Tripod to Empower Hybrid Creators in a Rapidly Evolving Content Landscape
GlobeNewswire· 2025-05-08 04:17
Core Insights - K&F CONCEPT has launched the Omni Series Carbon Fiber Tripod, designed for the evolving needs of hybrid content creators, particularly in video production [1] - The demand for stable and flexible equipment is increasing as over 50% of social media influencers shift towards video content [1] Product Features - The Omni Series tripod features a high-performance fluid head with a premium damping system, allowing for smooth 360° panning and +90°/-90° tilting, essential for dynamic storytelling [4] - It is approximately 20% lighter than comparable aluminum tripods, weighing only 1.1kg (1.64kg including the fluid head), enhancing mobility for creators [7] - The tripod can convert into a monopod, extending up to 182.5cm in height, providing versatility for various shooting environments [8] Market Position - K&F CONCEPT has been committed to innovation in photography accessories since its founding in 2012, offering a wide range of products and receiving multiple industry accolades [10]
NOVAGOLD Prices $179 Million Underwritten Upsized Public Offering of Common Shares
GlobeNewswire· 2025-05-08 04:04
All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) today announced pricing of its previously announced public upsized offering of 47,850,000 common shares of NOVAGOLD at a price to the public of $3.75 per share. All of the shares are being offered by NOVAGOLD. In addition, NOVAGOLD has granted the underwriters a 30-day option to purchase up to 7,177,500 additional ...
NOTICE OF CALLING THE ANNUAL GENERAL MEETING OF THE SHAREHOLDERS
GlobeNewswire· 2025-05-08 04:00
Core Points - The Annual General Meeting of Shareholders for Aktsiaselts Infortar is scheduled for June 4, 2025, at 11:00 AM (Estonian time) [1] - Shareholders can register starting at 10:00 AM on the same day [1] - The list of eligible shareholders will be determined on May 28, 2025 [2] Agenda Items - Approval of the 2024 Annual Report submitted by the Management Board [3] - Distribution of profit proposal includes a net profit of €193.67 million for 2024 and a dividend of €3 per share, to be paid in two installments [3] - First installment of €1.5 per share on July 15, 2025, for shareholders registered by July 4, 2025 [3] - Second installment of €1.5 per share on December 15, 2025, for shareholders registered by December 4, 2025 [3] - Appointment of KPMG Baltics OÜ as the auditor for the 2025 financial year [4] - Termination of the existing share option plan and approval of a new Option Plan to motivate management and employees [4][5] - The new Option Plan allows for the issuance of up to 400,000 options, representing 1.89% of the share capital [6] - Options can be granted from July 1, 2025, to July 1, 2029, with a three-year vesting period [5][6] - Amendment of the Articles of Association to allow the Supervisory Board to increase share capital for the Option Plan [9] - Authorization for Aktsiaselts Infortar to acquire its own shares, with a maximum of 250,000 shares [10] - The buy-back program will be executed within five years from the resolution date [10][11] Company Overview - Aktsiaselts Infortar operates in seven countries, focusing on maritime transport, energy, and real estate [21] - The company holds a 68.47% stake in Tallink Grupp and a 100% stake in Elenger Grupp, with a real estate portfolio of approximately 141,000 m² [21] - Infortar comprises 110 companies, including 101 subsidiaries and employs 6,296 people [21]
SIGMA LITHIUM ANNOUNCES 1Q25 PREVIEW: OUTPERFORMS TARGETS, OPERATIONAL PROFITABILITY, 24% EBITDA MARGIN
Prnewswire· 2025-05-08 02:56
Sigma Lithium continued to demonstrate its operational resilience delivering strong financial performance: Production of 68,308t of lithium oxide, above target and 26% higher than 1Q24. CIF China Cash Costs and All-In Sustaining Costs: US$458/t and US$622/t, respectively 8% and 6% better than FY 2025 targets. EBITDA and adjusted EBITDA for non-cash expenses: US$10m and US$11.4m, respectively, representing 21% and 24% EBITDA margins; and a significant 28% increase in revenues compared to 1Q24. The Compan ...
First National Bank Alaska announces unaudited results for first quarter 2025
GlobeNewswire· 2025-05-08 02:08
Core Insights - First National Bank Alaska reported a net income of $17.7 million for Q1 2025, an increase from $13.5 million in Q1 2024, translating to earnings per share of $5.60 compared to $4.26 in the previous year [1][2]. Financial Performance - Total loans reached $2.6 billion as of March 31, 2025, marking an increase of $137.1 million from Q1 2025 and $237.8 million from Q1 2024. Nonperforming loans were $4.2 million, representing 0.16% of outstanding loans, a slight improvement from 0.17% at the end of 2024 [2][13]. - Total interest and loan fee income for Q1 2025 was $56.0 million, down 5.9% from $59.5 million in Q1 2024. However, interest income to average earning assets increased to 4.61% from 4.28% year-over-year [3][6]. - Total assets were $4.9 billion as of March 31, 2025, a decrease of $322.9 million primarily due to repayments under the Federal Reserve Bank Term Funding Program [4]. - Deposits and repurchase agreements totaled $4.3 billion, showing a slight increase from $4.2 billion in Q1 2024 [5]. - Noninterest income rose to $6.8 million, a 3.5% increase compared to Q1 2024, with improvements noted in fiduciary, mortgage loan servicing, and bankcard activities [7]. Efficiency and Capital - The efficiency ratio improved to 49.70%, outperforming peer groups both in Alaska and nationally [7]. - Shareholders' equity increased to $535.1 million as of March 31, 2025, up from $516.6 million at the end of 2024, with a return on equity of 13.49% [8]. - The bank's Tier 1 leverage capital ratio stood at 11.72%, remaining above well-capitalized standards [8]. Recognition and Community Engagement - First National Bank Alaska was recognized as the sixth best bank on Forbes' America's Best Banks list in 2025 and received multiple accolades for being a top workplace and providing excellent customer service [10][11].
Fortuna Reports Results for the First Quarter of 2025
GlobeNewswire· 2025-05-08 00:02
Financial Performance - The company reported a record free cash flow from operations of $111.3 million in Q1 2025, a 30% increase quarter over quarter [6][14] - Attributable net income from continuing operations was $61.7 million or $0.20 per share, a 131% increase compared to Q4 2024 [11][17] - Consolidated sales for Q1 2025 were $290.1 million, a 44% increase from $200.9 million in Q1 2024 [6][8] Cost Metrics - Consolidated cash cost per gold equivalent ounce from continuing operations was $929 in Q1 2025, up from $888 in Q4 2024 [8][15] - All-in sustaining costs (AISC) per gold equivalent ounce from continuing operations decreased to $1,640 in Q1 2025 from $1,690 in Q4 2024 [10][16] - The company achieved a free cash flow margin of 38% in Q1 2025, up from 31% in the previous quarter [6] Production and Operations - Gold equivalent production for Q1 2025 was 103,459 ounces, with a consolidated cash cost of $929 per ounce [6][8] - The Séguéla Mine produced 38,500 ounces of gold at an average grade of 2.76 g/t, a 12% increase in production compared to Q1 2024 [25][23] - The Yaramoko Mine produced 33,073 ounces of gold, with a cash cost of $1,059 per ounce, reflecting a 22% increase in tonnes milled [31][32] Strategic Developments - The company closed the sale of the San Jose Mine in Mexico and entered into a share purchase agreement to sell its interest in Roxgold Sanu SA, which is expected to provide $70 million in cash [6][14] - The divestment strategy aims to reallocate approximately $50 million in capital towards higher-value opportunities [6][7] Safety and Environmental Performance - The total recordable injury frequency rate (TRIFR) improved to 0.98 in Q1 2025 from 1.33 in Q4 2024, with zero lost time injuries reported [6][10] - Despite safety improvements, a fatal accident involving a subcontractor occurred at the Séguéla Mine in February [6]
PHX Energy Announces Annual Meeting Voting Results for Election of Directors
GlobeNewswire· 2025-05-08 00:01
For further information please contact: PHX Energy Services Corp. Michael Buker President & Chief Executive Officer Phone: (403) 543-4466 or CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- PHX Energy Services Corp. ("PHX Energy") is pleased to announce the voting results for the election of directors at its annual meeting of shareholders held on May 7, 2025 ("the "Meeting"). The following seven nominees were elected as directors of PHX Energy to serve until the next annual meeting of shareholders or unti ...
American Hotel Income Properties REIT LP to Host First Quarter 2025 Results Conference Call on May 15, 2025
GlobeNewswire· 2025-05-08 00:00
VANCOUVER, British Columbia, May 07, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP ("AHIP", "the Company") (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V) announces today that it intends to release its financial results for the quarter ended March 31, 2025 after market close on Wednesday, May 14, 2025. Interested parties are invited to participate in the Company's Q1 2025 results conference call, occurring on Thursday, May 15, 2025, at 10:00 a.m. Pacific Time. During the call, Company executive ...
Enerflex Ltd. Announces Voting Results of The Annual Meeting of Shareholders
GlobeNewswire· 2025-05-07 23:34
CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company"), announces that at its Annual Meeting of Shareholders (the "Meeting") held virtually on May 7, 2025, Enerflex’s shareholders approved the election of all 8 nominee directors presented in the Company’s Management Information Circular dated March 21, 2025. The shares represented at the Meeting voting on individual nominee directors were as follows: ApprovalAgainstDirectorVotes ForPercenta ...
Calibre Reports Q1 Financial and Production Results; Valentine Advances Toward Gold Production in Q3, Setting Up for Significant Growth; Calibre Mining & Equinox Gold Merger Anticipated to Close During Q2, 2025
GlobeNewswire· 2025-05-07 23:30
Core Viewpoint - Calibre Mining Corp. reported strong financial and operational results for Q1 2025, with gold production of 71,539 ounces and a focus on cost discipline, positioning the company to potentially exceed its full-year production guidance of 230,000 to 280,000 ounces [2][10][22]. Financial Performance - Consolidated revenue for Q1 2025 was $202.6 million, compared to $131.9 million in Q1 2024, reflecting a significant increase [18]. - The company achieved net earnings of $22.6 million in Q1 2025, up from a net loss of $3.6 million in Q1 2024 [19]. - Adjusted net earnings for Q1 2025 were $40.1 million, compared to $5.6 million in Q1 2024 [44]. - The average realized gold price per ounce sold was $2,796, an increase from $2,092 in Q1 2024 [43]. Operational Highlights - Gold production was 64,469 ounces from Nicaragua and 7,070 ounces from Nevada, with a consolidated total of 71,539 ounces [10][20]. - The total cash cost (TCC) was $1,221 per ounce, while the all-in sustaining cost (AISC) was $1,389 per ounce [11][19]. - The Valentine Gold Mine is expected to produce approximately 200,000 ounces of gold annually, with first gold expected by the end of Q3 2025 [3][7]. Valentine Gold Mine Update - The initial project capital cost for the Valentine Gold Mine has increased to approximately C$854 million, with $203 million in cash fully funding the project as of April 30, 2025 [3][12]. - Construction is nearing completion, with the primary crusher commissioned and the coarse ore stockpile ready to receive material by the end of May [4][12]. - The largest pure exploration drill program in the property's history is underway, totaling 100,000 meters [10][22]. Merger with Equinox Gold - The merger with Equinox Gold is expected to close by the end of Q2 2025, creating a major Americas-focused gold producer with enhanced scale and diversification [8][14]. - The combined entity is projected to deliver greater value than either company could achieve independently, with a strong balance sheet and a pipeline of development projects [14][27].