Brazil Potash Executes Definitive Offtake Agreement With Keytrade Fertilizantes Brasil for ~900,000 Tons of Fertilizer
Globenewswire· 2025-08-20 21:30
Core Viewpoint - Brazil Potash Corp. has secured a significant commercial offtake agreement with Keytrade Fertilizantes Brasil, marking a major milestone in the development of its Autazes Potash Project, which aims to enhance Brazil's agricultural sustainability and reduce reliance on potash imports [1][3]. Agreement Details - The binding agreement establishes a 10-year take-or-pay commitment for Keytrade to purchase up to approximately 900,000 tons of potash annually from the Autazes Potash Project [2][8]. - This agreement finalizes a memorandum of understanding announced on January 16, 2025, and complements an existing agreement with Amaggi Exportacão e Importacão Ltda., bringing total binding commitments to approximately 1.45 million tons of the planned 2.4 million tons of annual production [3][7]. Commercial Strategy Progress - With the Keytrade agreement finalized, Brazil Potash has secured binding offtake agreements covering around 60% of its planned production capacity, with ongoing discussions that could increase this to approximately 91% [5]. - The remaining production is reserved for spot sales to support farmers and accommodate maintenance outages [5]. Strategic Importance - The agreement supports Brazil's National Fertilizer Plan by producing a critical mineral that strengthens the domestic agricultural supply chain [7]. - Keytrade's commitment represents a strategic step toward reducing Brazil's reliance on imports and fostering economic growth in the Amazon region [3][10]. Production and Financial Structure - Keytrade will purchase 30% to 37% of Brazil Potash's annual production, with pricing structures that include a marketing fee and profit-sharing provisions [8]. - The agreement aligns with the company's project financing requirements, ensuring long-term revenue visibility and stability [8]. Background Information - Brazil Potash is developing the Autazes Project to supply sustainable fertilizers, aiming to meet approximately 20% of Brazil's current potash demand while mitigating greenhouse gas emissions [10]. - Keytrade AG, established in Switzerland, is a leading global fertilizer company with a strong presence in Brazil, focusing on sustainable agriculture [9].
Titan Announces Results of its Annual Shareholders’ Meeting
Globenewswire· 2025-08-20 21:14
GOUVERNEUR, N.Y., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, OTCQB: TIMCF) (“Titan” or the “Company”) announces that all matters presented for approval at Titan’s annual meeting of shareholders held today, as more particularly set out in the Company’s Management Information Circular dated July 9, 2025, have been approved. A summary of the results for the election of Titan’s Board of Directors is provided below: Name of NomineeVotes ForVotes AgainstVotes WithheldNumber%Number%Number ...
Avante Announces Timing of Fiscal First Quarter Investor Webinar
Globenewswire· 2025-08-20 21:01
Group 1 - Avante Corp Inc. will host an investor webinar on August 27, 2025, to provide a corporate update and discuss fiscal first quarter results [1][2] - The webinar will be led by Emmanuel Mounouchos, CEO, and Raj Kapoor, CFO of Avante [1] - The company aims to deliver advanced security solutions globally, focusing on high-net-worth families and corporations [3] Group 2 - Avante Corp is a Toronto-based provider of technology-enabled security solutions for residential and commercial clients [3] - The company has developed a diversified security platform leveraging advanced technology to enhance service quality [3] - Avante is pursuing organic growth and strategic acquisitions to build a broad portfolio of security businesses [3]
NowVertical Group Announces Second Quarter 2025 Earnings Release Date and Financial Update Webinar
Globenewswire· 2025-08-20 21:00
Core Viewpoint - NowVertical Group Inc. is set to announce its Q2 2025 financial results on August 27, 2025, followed by a webinar to discuss these results and provide a business outlook [1][2]. Company Overview - NowVertical is a global data and analytics company that focuses on transforming data into business value using AI, offering a comprehensive suite of solutions and services [4]. - The company aims to help clients optimize decision-making, improve operational efficiency, and unlock long-term value from their data through AI-infused technologies [4]. - NowVertical is pursuing growth both organically and through strategic acquisitions [4]. Investor Engagement - The upcoming earnings webinar will feature key executives, including the CEO, Interim CFO, and Chief Development Officer, and will include a live Q&A session [2]. - Registration for the webinar is available online, and a recording along with supporting materials will be accessible on the company's investor website [3].
LGI Homes Expands Presence Near Fort Pierce in Indian River Estates
Globenewswire· 2025-08-20 21:00
Core Insights - LGI Homes, Inc. is expanding its presence in Fort Pierce with new construction homes in Indian River Estates, providing convenient access to Port St. Lucie and Fort Pierce [1] - The company aims to offer a more affordable alternative to renting in the Port St. Lucie area, highlighting its previous success in the market [2] - Indian River Estates combines small-town charm with easy access to local attractions, promoting a peaceful suburban lifestyle [3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [6] - LGI Homes has received numerous workplace awards, including the Top Workplaces USA 2025 Award, reflecting its commitment to excellence [6] Community Features - Indian River Estates offers a variety of floor plans, including homes with 2 to 4 bedrooms and prices starting from $348,900 to $464,900 [9][11] - The community is designed to facilitate an active lifestyle with access to local attractions such as the Savannas Recreation Center and nearby beaches [3]
Volatus Aerospace Releases Q2 2025 Financial Results
Globenewswire· 2025-08-20 21:00
Core Insights - Volatus Aerospace Inc. reported strong financial growth in Q2 2025, with revenue increasing by 49% year-over-year to CAD 10,587,075, driven by robust demand in equipment and services [2][7][8] - The company achieved a significant improvement in adjusted EBITDA loss, narrowing it by 85% year-over-year to CAD 276,259, reflecting operational efficiency and cost discipline [2][8] - Liquidity strengthened with a current cash balance of approximately CAD 20 million following recent financing events, supporting ongoing operational and strategic initiatives [2][7][8] Financial Highlights - Revenue for Q2 2025 was CAD 10,587,075, up from CAD 7,121,993 in Q2 2024, with equipment sales growing 104% quarter-over-quarter and services up 71% [8] - Gross profit reached CAD 3,375,420, resulting in a gross margin of 32%, slightly down from 35% in Q2 2024 due to a higher proportion of equipment sales [8] - The adjusted EBITDA loss of CAD 276,259 marked an 85% improvement compared to CAD 1,852,178 in Q2 2024, indicating better scale and service growth [8] Operational Highlights - The company secured a one-year extension of a federal standing offer, ensuring continued access to federal contracts, and obtained clearances for pipeline surveillance from major oil and gas firms [8] - Volatus completed a defense demonstration for a G-20 client and entered collaborations for large-scale tree planting and multispectral crop surveys across multiple provinces [8] - The company advanced its commercialization efforts with BVLOS medical deliveries and secured a CAD 560,000 international training contract with a NATO member [8] Strategic Outlook - Volatus is positioning itself to capture growing domestic demand in defense, public safety, and Arctic surveillance, aligning with Canada's increased defense spending [7][8] - The company aims to enhance its operational capabilities and expand its market presence through disciplined execution and strategic partnerships [6][7]
AutoZone to Release Fourth Quarter Fiscal 2025 Earnings September 23, 2025
Globenewswire· 2025-08-20 21:00
Company Overview - AutoZone, Inc. is the leading retailer and distributor of automotive replacement parts and accessories in the Americas [3] - As of May 10, 2025, the company operates a total of 7,516 stores, with 6,537 in the U.S., 838 in Mexico, and 141 in Brazil [2] Financial Information - AutoZone will release its fourth quarter results for the period ending August 30, 2025, before market open on September 23, 2025 [1] - A conference call to discuss the quarterly results will take place on September 23, 2025, at 10:00 a.m. (ET) [1] Product and Service Offerings - Each AutoZone store carries a wide range of products for cars, SUVs, vans, and light-duty trucks, including new and remanufactured automotive hard parts, maintenance items, and accessories [3] - The company has a commercial sales program that provides credit and delivery services to various automotive businesses [3] - AutoZone also sells products online through its websites, including automotive diagnostic and repair software under the ALLDATA brand [3]
Inventronics Announces 2025 Q2 Financial Results
Globenewswire· 2025-08-20 21:00
CALGARY, Alberta, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Inventronics Limited (the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in Canada and the USA, today announced its unaudited 2025 Q2 financial results. For the three months ended June 30, 2025, Inventronics reported net earnings of $138,000, or 2.8 cents per share, on revenue of $2,190,000 compared to net earnings of $141,000, or 2.9 cents p ...
Hepsiburada Submits Amendment to 6-K
Globenewswire· 2025-08-20 20:45
ISTANBUL, Aug. 20, 2025 (GLOBE NEWSWIRE) -- On August 15, 2025, D-MARKET Elektronik Hizmetler ve Ticaret Anonim Şirketi (the “Company”) furnished to the Securities and Exchange Commission a Form 6-K (the “Original Form 6-K”) containing certain exhibits relating to the Company’s Annual General Assembly Meeting of Shareholders for, and with respect to, the financial year 2024, to be held on September 15, 2025. This Amendment No. 1 to the Original Form 6-K amends the Original Form 6-K solely for the purpose of ...
STMicroelectronics Publishes its IFRS 2025 Semi Annual Accounts
Globenewswire· 2025-08-20 20:38
PR No. C3355C STMicroelectronics Publishes its IFRS 2025 Semi Annual Accounts Geneva, August 20, 2025 – STMicroelectronics NV (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, published today its IFRS 2025 Semi Annual Accounts for the six-month period ended June 28, 2025, on its website and filed them with the Netherlands Authority for the Financial Markets (AFM). The Company’s Semi Annual Accounts, prepared in accordance with International Financi ...