Rubicon Organics Acquires Hope Facility to Accelerate Premium Cannabis Growth Strategy
Globenewswire· 2025-06-05 11:00
VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- June 5, 2025 – Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) ("Rubicon Organics", "Rubicon" or the "Company"), a licensed producer focused on cultivating and selling organic certified and premium cannabis products, today announced the closing of its acquisition of an operational, purpose-built 47,500 sq. ft. indoor cultivation facility in Hope, British Columbia. The acquisition is a key milestone in Rubicon's growth strategy to expand premiu ...
Marex Agrees to Acquire Agrinvest Commodities
Globenewswire· 2025-06-05 11:00
Benedito Joao Gai Neto, CEO of Agrinvest, commented: "We are thrilled to join the Marex platform, with its global reach, growing client base and range of capabilities. As part of Marex, we will have the support we need to expand our business and the services we can offer our clients in this exciting region, and also in other countries." About Marex: Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to cl ...
Winnebago Industries Announces Preliminary Third Quarter Fiscal 2025 Results Ahead of the Baird Conference
Globenewswire· 2025-06-05 11:00
Core Viewpoint - Winnebago Industries anticipates lower net revenues and earnings for the third quarter of fiscal 2025 due to macroeconomic uncertainties affecting consumer sentiment and dealer networks [2][3] Financial Performance - Estimated net revenues for the third quarter of fiscal 2025 are approximately $775 million [2] - Reported earnings per diluted share are expected to be in the range of $0.55 to $0.65, while adjusted diluted earnings per share are projected to be between $0.75 and $0.85 [2] Market Conditions - The selling season began positively in March but faced challenges in the last two months of the fiscal third quarter due to growing macroeconomic uncertainty [3] - The Winnebago Motorhomes business unit is experiencing the most significant market pressures, leading to expectations of lower net revenue than previously anticipated [3] Strategic Actions - The company is implementing inventory management strategies to align production with market demand and dealer needs [3] - Significant steps have been taken to lower field inventory, improve working capital, and adjust production schedules [3] - Cost reduction and profitability improvement strategies are being initiated for fiscal 2025, including modifying production schedules and adjusting headcount [3] Business Transformation - The ongoing transformation of the Winnebago Motorhomes unit aims to enhance agility and long-term success [3] - Grand Design Towables is showing market share progress in the travel trailer segment, with strong demand for new motorhome products [3] - Newmar's Class A diesel market share has exceeded 30%, and the expanded product lineup is expected to contribute positively to future performance [3] Upcoming Events - Winnebago Industries will participate in the Baird 2025 Global Consumer Technology & Services Conference on June 5, 2025 [4] - The company plans to report its third quarter fiscal 2025 financial results on June 25, 2025, followed by a conference call [5]
Emergent BioSolutions Supports Victoria's Voice Foundation's National Naloxone Awareness Day Efforts on June 6 to Encourage Americans to Be Prepared for Opioid Emergencies
GlobeNewswire News Room· 2025-06-05 11:00
Continued commitment to reducing the number of opioid overdose deaths by expanding access, increasing awareness and educating the public about life-saving naloxone GAITHERSBURG, Md., June 05, 2025 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) is teaming up with Victoria's Voice Foundation to rally Americans to help save lives from the opioid epidemic on National Naloxone Awareness Day, which honors the late Victoria Siegel and others who have succumbed to overdose. As part of the effort, Victor ...
Kiniksa Pharmaceuticals Announces Trial Design of Planned Phase 2/3 Clinical Trial of KPL-387 in Recurrent Pericarditis
Globenewswire· 2025-06-05 11:00
– KPL-387 Phase 2/3 trial on track to initiate in mid-2025; Phase 2 data expected in 2H 2026 – – KPL-387 Phase 1 single ascending dose data support profile for monthly dosing – – Presentation and webcast at Jefferies 2025 Global Healthcare Conference scheduled for 12:50 pm ET today– LONDON, June 05, 2025 (GLOBE NEWSWIRE) -- Kiniksa Pharmaceuticals International, plc (Nasdaq: KNSA) (Kiniksa), a biopharmaceutical company developing and commercializing novel therapies for diseases with unmet need, with a focus ...
Aya Gold & Silver Reports High-Grade Exploration Results at Boumadine, Extends Imariren Zone to 0.7km and Adds 4 New Regional Permits
Globenewswire· 2025-06-05 11:00
| DDH No. | Section | Zone | From | To | Au | Ag | Length* | Cu | Pb | Zn | Mo | Ag Eq** | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (m) | (m) | (g/t) | (g/t) | (m) | (%) | (%) | (%) | (g/t) | (g/t) | High-Grade Intercepts on the Boumadine Main Trend: BOU-DD25-516 intercepted 5,373 grams per tonne ("g/t") silver equivalent ("AgEq") over 0.5m (66.7 g/t gold ("Au"), 111 g/t silver ("Ag"), 1.6% zinc ("Zn"), 1.0% lead ("Pb") and 0.1% copper ("Cu") and 114 g/t AgEq o ...
Mattr Finalizes Thermotite Sale
Globenewswire· 2025-06-05 11:00
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. ("Mattr" or the "Company") (TSX: MATR) announced today that it has completed the sale of its subsidiary, Thermotite do Brazil ("Thermotite"), the Company's final remaining pipe coating business, to Vallourec Tubular Solutions Ltda., a subsidiary of Vallourec S.A. ("Vallourec") (EPA:VK). The Company has received proceeds of $17.5 million USD, or approximately $24 million CAD at current exchange rates, on a cash-free, debt-free basis, subject to normal wo ...
Giyani Announces Board Update
Globenewswire· 2025-06-05 11:00
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company"), developer of the K.Hill battery-grade manganese project in Botswana ("K.Hill" or "the Project"), announces the appointments of Nigel Robinson as in-coming Chair and Martin Botha to its board of directors (the "Board"). Mr. Robinson replaces Mark Burnett who was Interim Chair, bringing extensive experience from nine years as CFO and a further six and a half years as CEO of Central Asia Metals PLC ...
Next Hydrogen Solutions Inc. Announces Results of Annual General Meeting of Shareholders
Globenewswire· 2025-06-05 11:00
The ordinary resolution to approve fixing the number of directors to be elected at the meeting at seven (7) was approved at the meeting by the shareholders present in person or represented by proxy at the meeting by way of electronic ballot, as follows: | Votes For | % | Votes Against | % | | --- | --- | --- | --- | | 5,776,269 | 99.957 | 2,500 | 0.043 | Election of Directors All of the nominees proposed as directors of the Corporation were duly elected as directors of the Corporation with votes cast by the ...
Tonix Pharmaceuticals Announces Poster Presentation at the Annual European Congress of Rheumatology (EULAR) 2025
Globenewswire· 2025-06-05 11:00
A copy of the Company's poster presentation will be available under the Scientific Presentations tab of the Tonix website at www.tonixpharma.com following the conference. Additional meeting information can be found on the EULAR website here. CHATHAM, N.J., June 05, 2025 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a fully-integrated biotechnology company with marketed products and a pipeline of development candidates, today announced a poster presentation at ...