Troilus and Aurubis Sign Memorandum of Agreement for Long-Term Copper-Gold Concentrate Offtake at Berlin Critical Minerals Mission
Globenewswire· 2025-08-26 18:58
Core Viewpoint - Troilus Gold Corp. has signed a Memorandum of Agreement with Aurubis AG for the long-term offtake of copper-gold concentrate from the Troilus Project in Québec, Canada, marking a significant step in project financing and development [1][3][4] Group 1: Agreement Details - The MoA formalizes the offtake terms previously indicated on June 18, 2025, and establishes a framework for long-term concentrate supply [1][3] - The agreement was signed during Canada's Critical Minerals Mission to Germany, highlighting the international significance of the project [2][4] - The MoA covers a substantial portion of Troilus' concentrate to be delivered to Aurubis, aligning with a broader debt financing package of up to US$700 million announced on March 13, 2025 [3][4] Group 2: Strategic Importance - The partnership is seen as a step forward in enhancing Canada-Europe cooperation on critical minerals, reinforcing Canada's position as a reliable supplier of responsibly sourced copper and gold [4][6] - The agreement underscores the importance of Canadian critical mineral projects in strengthening global supply chains and positions Troilus as a future North American supplier to European markets [6] Group 3: Support and Advisory - Ocean Partners USA Inc. is acting as Troilus' independent third-party advisor, providing market insight and guidance for the concentrate offtake strategy [7] - Auramet International Inc. is assisting with structuring the debt package and engaging with potential lenders and strategic partners [8]
Tevogen Expresses Gratitude to Yale for Recognition of Dr. Ryan Saadi and Company’s Mission of Health Equity
Globenewswire· 2025-08-26 18:50
Core Insights - Tevogen Bio Holdings Inc. has been recognized by Yale University for its commitment to health equity and the leadership of its Founder and CEO, Dr. Ryan Saadi [2] - The company operates with a lean, capital-efficient business model, fully owning its core intellectual property to minimize costs and complexity in developing CD8+ T cell therapies [3] - Dr. Saadi emphasized that affordability and accessibility are foundational to Tevogen's operations, achieving significant milestones with lower capital expenditure compared to industry norms [4] Business Model and Strategy - Tevogen's business model is designed to withstand market pressures through a capital-efficient structure, focusing on off-the-shelf, genetically unmodified therapies [3] - The company has avoided the typical billion-dollar burn rate seen in the industry, maintaining a lean cash run rate while preserving equity [4] - Tevogen aims to deliver innovative therapies that not only improve patient outcomes but also achieve commercial success at a lower cost [4] Recognition and Impact - The recognition from Yale highlights the impact of Tevogen's mission on making healthcare more affordable and accessible [2] - Dr. Saadi's vision is acknowledged as a significant contribution to the healthcare landscape, reinforcing the company's commitment to health equity [2][4]
IS Kredit SPV 21 hs. – árshlutareikningur 2025
Globenewswire· 2025-08-26 18:02
Group 1 - The core focus of the article is the financial performance of IS Kredit SPV 21, a specialized fund managed by Íslandssjóðir hf, which issued bonds classified under a social financing framework [1] - The fund's operational results for the first six months of 2025 reported a net income of 0 kr, indicating no profit or loss during this period [1] - The total assets of the fund amounted to approximately 14.6 billion kr at the end of the reporting period [1]
IS Fyrirtækjalánasjóður hs. – árshlutareikningur 2025
Globenewswire· 2025-08-26 17:57
IS Fyrirtækjalánasjóður hs. er sérhæfður sjóður í rekstri Íslandssjóða hf. Sjóðurinn gaf út skuldabréf sem tekin voru til viðskipta hjá Nasdaq Iceland hf. í nóvember 2024. Meðfylgjandi er árshlutareikningur sjóðsins fyrir fyrstu sex mánuði ársins 2025. Rekstrarniðurstaða sjóðsins fyrstu sex mánuði ársins 2025 var 211 milljónir kr. og eignir sjóðsins námu samtals um 8,5 milljörðum kr. í lok tímabilsins. Nánari upplýsingar veitir: Gísli Elvar Halldórsson, gislielvar@islandssjodir.is Attachment Árshlutar ...
QNB Corp. Declares Q3 2025 Dividend
Globenewswire· 2025-08-26 17:46
Dividend payable on September 26, 2025Quakertown, PA, Aug. 26, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of QNB Corp. (OTCQX: QNBC), parent company of QNB Bank, at a regular meeting on August 26, declared a quarterly cash dividend of $0.38 per share. The cash dividend is payable on September 26, 2025, to shareholders of record September 12, 2025. QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is traded in the ov ...
Broadcom Selected as Strategic Vendor for Virtualization Software Solutions for Walmart
Globenewswire· 2025-08-26 17:00
Core Insights - VMware and Walmart have announced a strategic collaboration to implement VMware Cloud Foundation, aiming to unify and secure Walmart's cloud and edge operations, enhancing the shopping experience and operational efficiency [1][3] - Broadcom has been designated as a strategic vendor for virtualization software solutions, which will support Walmart's efforts to accelerate innovation and improve service delivery [1][3] Company Overview - Walmart is a tech-powered omnichannel retailer, serving approximately 270 million customers weekly across over 10,750 stores and various eCommerce platforms in 19 countries, with a fiscal year 2025 revenue of $681 billion [5] - Broadcom is a global technology leader providing a wide range of semiconductor and enterprise software solutions, serving critical markets including cloud, data center, and enterprise software [4] Business Outcomes - The deployment of VMware Cloud Foundation will enhance consistency and reliability across Walmart's operations, optimizing resources and accelerating the rollout of new services [3][6] - Key benefits include enhanced agility and scalability, reduced operational complexity, simplified workload portability, and improved security and resilience [6]
EPH European Property Holdings PLC announces the Notice of the Annual General Meeting of EPH European Property Holdings PLC to be held on 23 September 2025
Globenewswire· 2025-08-26 17:00
Core Points - EPH European Property Holdings PLC will hold its Annual General Meeting on 23 September 2025 at the Four Seasons Hotel Limassol, Cyprus [1] - The agenda includes the appointment/re-appointment of auditors and a recommendation from the Board of Directors to not declare a dividend [1] - The Record Date for participation in the meeting is set for 02 September 2025, 5 PM CET [4] Company Information - EPH European Property Holdings PLC is an investment company listed on the SIX Swiss Exchange [1] - The Annual Report, which includes the Management Reports and Audited Financial Statements for the year ended 31 December 2024, was published on 29 April 2025 [7] - The auditors for the company are Deloitte AG, Switzerland, and Primus Audit & Tax, Cyprus, who have not expressed any unwillingness to be re-appointed [7]
Eimskip: Second quarter 2025 results
Globenewswire· 2025-08-26 16:42
Core Insights - The company reported solid results in Q2 2025, driven by strong volume in container liner services and high activity in logistics, although global freight rates significantly declined, impacting margins in the forwarding segment [1][4]. Financial Performance - Revenue for Q2 2025 was EUR 201.1 million, a decrease of EUR 6.1 million or 2.9% compared to Q2 2024 [2]. - Total expenses amounted to EUR 179.9 million, down by EUR 3.8 million or 2.0% year-on-year, with salary expenses increasing by EUR 3.8 million, reflecting a 10.0% rise due to collective wage increases [2]. - EBITDA for the quarter was EUR 21.2 million, a decline of 9.8% from EUR 23.5 million in the same period last year, resulting in an EBITDA margin of 10.5%, down from 11.3% [2][3]. - Net earnings were EUR 4.5 million, compared to EUR 7.9 million in the same quarter last year, primarily affected by lower results from affiliates due to the weakening of the US dollar against the euro [2]. Operational Highlights - The liner system experienced strong volume growth of 7.9% compared to previous quarters, although revenue growth did not keep pace due to lower average prices [6]. - Logistics and agency segments showed good results with increased activity in trucking and growing volume in warehousing, despite lower terminal activities compared to the same period last year [4][6]. - The company decided to sell the vessel Lagarfoss and temporarily reduce the fleet by one vessel in response to changing market conditions, including rising operational costs [5]. Strategic Developments - Starting September 1, the company will add weekly calls to Rotterdam, enhancing connectivity for exports from Iceland and the Faroe Islands [6]. - The company remains optimistic for the upcoming months, anticipating sustained strong volumes in the liner system and solid performance in logistics, with expectations of somewhat higher volumes in international forwarding despite lower global freight rates [10]. Corporate Social Responsibility - The company emphasizes corporate social responsibility, having sponsored the Football Association of Iceland and supported women's football initiatives [8]. - The company graduated its fifth class from the international leadership program, with a total of 157 employees participating, highlighting its commitment to equal opportunities in leadership roles [9].
LECTRA: Monthly declaration of the total number of shares and voting rights composing the company's capital (at July 31st, 2025)
Globenewswire· 2025-08-26 16:19
Core Points - The total number of shares composing the company's capital as of July 31, 2025, is 38,038,784 [2] - The gross total of voting rights is also 38,038,784, which includes shares that have voting rights as well as those deprived of voting rights [2] - The net total of voting rights is 38,005,304, calculated by subtracting treasury shares from the gross total [2] Legal Compliance - The declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF) [1] - There are no special statutory obligations beyond the legal notification requirements for crossing thresholds established by French law [2]
Cearvol Launches Wave Lite: A Stylish, AI-Powered Hearing Aid for Everyday Life
Globenewswire· 2025-08-26 16:01
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Cearvol today announced the launch of Wave Lite, a next-generation hearing aid designed to blend clarity, comfort, and style. Powered by Cearvol AI 2.0, Wave Lite helps users reconnect with life’s important sounds—whether in daily conversations, at home with family, or on the go. Shaped like a modern earbud and paired with a fabric-wrapped charging case, Wave Lite delivers both powerful support and emotional comfort. Recognized as one of the best OTC hearing aids ...