Xtract One Announces Upcoming Investor Events
Globenewswire· 2025-08-19 11:30
Core Viewpoint - Xtract One Technologies is actively participating in three upcoming investment conferences, indicating its commitment to engaging with institutional investors and enhancing visibility in the market [1][4]. Company Overview - Xtract One Technologies is a technology-driven provider specializing in threat detection and security solutions, utilizing AI to create unobtrusive weapons and threat detection systems [2]. - The company's solutions are designed to improve safety while providing seamless experiences for facility operators, particularly in environments such as schools, hospitals, arenas, and stadiums [2]. - Xtract One is recognized as a market leader, focusing on delivering high security alongside an optimal individual experience [2]. Upcoming Events - The company will participate in the following events: - September 8-9: H.C. Wainwright 27th Annual Global Investment Conference in New York City [4]. - September 16-17: iAccess Alpha Virtual Best Ideas Fall Investment Conference [4]. - October 9: 2025 Cantech Letter Investment Conference in Toronto [4].
Midland Commences an Exploration Program for Copper-Gold-Molybdenum-Silver Occurrences on the Saruman Project
Globenewswire· 2025-08-19 11:30
Core Insights - Midland Exploration Inc. has initiated an exploration program to investigate copper-gold-molybdenum-silver occurrences at its Saruman project, located in the Eeyou Istchee James Bay region of Quebec [4][6] - The Saruman project consists of 121 claims covering an area of 64 square kilometers and was acquired in November 2023 [4][8] - Strong copper anomalies were identified in a high-density lake sediment geochemistry survey, with significant concentrations found in a 5 by 3-kilometer area [6][10] Exploration Details - Reconnaissance work in summer 2024 revealed anomalous values of 0.32% Cu, 0.35 g/t Au, 0.39% Mo, and 13.8 g/t Ag in grab sample L880271 [6][10] - The mineralization observed includes disseminated, veinlet, and fracture-filling chalcopyrite, pyrite, and molybdenite in tonalites [6][10] - The current mineralization does not fully explain the extent of the lake sediment copper anomalies, suggesting a potentially larger Cu-Au-Mo-Ag system may be present [7][10] Geological Context - The Saruman project is situated in the Opatica geological Subprovince, specifically within the Theodat Complex, which remains poorly understood [8] - No previous exploration has been reported in the project area, indicating a relatively unexplored region with significant potential [8][10] Quality Control and Methodology - Exploration programs are designed and interpreted by Qualified Persons following industry best practices, including quality assurance and control measures [10][11] - Statistical processing of lake sediment data was conducted by the Ministère des Ressources Naturelles et des Forêts du Québec (MRNF), identifying multiple copper anomalies above the 97th and 99.5th percentiles [9][10]
Formula Systems Reports Second Quarter and First Half 2025 Financial Results
Globenewswire· 2025-08-19 11:18
Revenues for the second quarter increased by 11.3% year over year, reaching a second quarter all-time high of $743.4 millionOR YEHUDA, Israel, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula Systems,” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results o ...
Plymouth Industrial REIT Receives Unsolicited, Non-Binding Acquisition Proposal
Globenewswire· 2025-08-19 11:15
Core Viewpoint - Plymouth Industrial REIT, Inc. has received an unsolicited proposal from Sixth Street Partners to acquire all outstanding shares for $24.10 per share, with Sixth Street owning approximately 9.99% of the company's stock [1][2]. Group 1: Proposal Details - The proposal from Sixth Street Partners is non-binding and offers cash consideration of $24.10 per share [1]. - Sixth Street beneficially owns about 9.99% of Plymouth's outstanding common stock [1]. Group 2: Company Response - The Board of Directors will evaluate the proposal in consultation with financial and legal advisors to determine the best course of action for shareholders [2]. - Shareholders are not required to take any action at this time regarding the proposal [2]. Group 3: Advisory Support - KeyBanc Capital Markets Inc. is serving as the financial advisor to Plymouth [3]. - Morrison & Foerster LLP is providing legal counsel to the company [3]. Group 4: Company Overview - Plymouth Industrial REIT, Inc. is focused on the acquisition, ownership, and management of single and multi-tenant industrial properties [4]. - The company's mission is to provide tenants with cost-effective, functional, flexible, and safe space [4].
Danske Mortgage Bank Plc: Interim report H1 2025
Globenewswire· 2025-08-19 11:02
Core Insights - Danske Mortgage Bank Plc has released its interim report for the first half of 2025, highlighting significant financial performance and strategic developments [1][2] Financial Performance - The bank reported a net profit of €150 million for H1 2025, representing a 20% increase compared to the same period in 2024 [1] - Total assets grew to €25 billion, up from €22 billion in H1 2024, indicating a robust growth trajectory [2] - The loan portfolio expanded by 15%, reaching €18 billion, driven by increased demand for mortgage products [1] Strategic Developments - Danske Mortgage Bank has implemented new digital solutions aimed at enhancing customer experience and operational efficiency [2] - The bank is focusing on sustainable financing options, with a commitment to allocate 30% of new loans to green projects by the end of 2025 [1] - A strategic partnership with a fintech company has been established to innovate in mortgage processing and risk assessment [2]
OTC Markets Group Welcomes Southern Cross Gold Consolidated Ltd. to OTCQX
Globenewswire· 2025-08-19 11:00
Company Overview - Southern Cross Gold Consolidated Ltd. has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market [1][3] - The company is engaged in the acquisition and exploration of mineral properties in Australia, specifically owning the Sunday Creek Gold-Antimony Project located 60 km north of Melbourne [7] Trading and Market Access - Trading on OTCQX under the symbol "SXGCF" began, providing U.S. investors with access to current financial disclosures and Real-Time Level 2 quotes [2] - The upgrade to OTCQX is expected to significantly increase U.S. investor participation, moving from a market where only 10% of global trading volume occurred [4] Strategic Importance and Performance - The Sunday Creek project has reported exceptional results, with 66 intersections exceeding 100 g/t AuEq x m from just 88 km of drilling, marking it as a significant gold-antimony discovery [6] - The inclusion in the US Defense Industrial Base Consortium highlights the strategic importance of the dual-metal asset, particularly for defense and semiconductor applications [6] Global Trading Platform - With trading now available on ASX, TSX, and OTCQX, the company has achieved round-the-clock trading across major mining investment markets, connecting investors from Australia, Canada, and the U.S. [5] - The OTCQX quotation enhances liquidity and broker coverage, facilitating better access for U.S. investors [7]
ZetaDisplay – CEO Anders Olin steps down, Daniel Nergard, appointed as new CEO
Globenewswire· 2025-08-19 11:00
Core Viewpoint - ZetaDisplay AB announces the resignation of CEO Anders Olin and the appointment of Daniel Nergard as the new CEO, effective October 1 [1][3]. Group 1: Leadership Transition - Anders Olin has served as CEO for nearly two years, during which he has made significant contributions to the company's operations and growth [2]. - Under Olin's leadership, ZetaDisplay expanded into the UK market through an acquisition, professionalized operations, and fostered organizational unity [2]. - Daniel Nergard, with over 20 years of experience in the global enterprise software sector, will take over as CEO, bringing a focus on customer-centric product development [4]. Group 2: Company Overview - ZetaDisplay, founded in 2003 in Sweden, is a leading player in the digital signage market, with operations in eight European countries and the US [6][8]. - The company has a turnover exceeding SEK 600 million and employs approximately 250 staff members [8]. - ZetaDisplay boasts over 125,000 active installations across more than 50 countries, serving many respected blue-chip brands [7].
Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Has Completed Its Acquisition of Sitio Royalties Corp. In All-Equity Transaction
Globenewswire· 2025-08-19 11:00
Core Viewpoint - Viper Energy, Inc. has successfully completed the acquisition of Sitio Royalties Corp. in an all-equity transaction, marking a significant milestone in the mineral and royalty industry, enhancing its position in the North American shale market [1][2]. Revised Third Quarter 2025 Guidance - The merger creates a leader in size, scale, float, liquidity, and access to investment-grade capital in the fragmented minerals market, while Viper maintains a unique relationship with its parent company, Diamondback Energy [2]. - Pro forma Viper is positioned for sustained growth with no capital expenditures and limited operating costs [2]. Production Estimates - Average oil production is projected to be between 54,500 and 57,500 barrels per day (bo/d), reflecting an increase of 8,500 bo/d at the midpoint compared to prior standalone guidance, due to 43 days of contribution from Sitio [7]. - Average total production is expected to range from 104,000 to 110,000 barrels of oil equivalent per day (boe/d), representing an increase of 18,000 boe/d at the midpoint compared to prior standalone guidance, also attributed to the contribution from Sitio [7].
Suraj Tolani Joins Perella Weinberg as Partner
Globenewswire· 2025-08-19 11:00
Core Insights - Perella Weinberg Partners has strengthened its healthcare services capabilities by appointing Suraj Tolani as an Advisory Partner [1][3] - Mr. Tolani previously served as a Managing Director at J.P. Morgan, focusing on the healthcare services sector [2] - The CEO of Perella Weinberg, Andrew Bednar, emphasized Mr. Tolani's proven track record and deep understanding of the healthcare industry's evolving landscape [3] Company Overview - Perella Weinberg Partners is a leading global independent advisory firm that provides strategic and financial advice to a diverse client base, including corporations, financial sponsors, governments, and sovereign wealth funds [4] - The firm offers a wide range of advisory services across active industry sectors and global markets, employing approximately 700 individuals across various offices [4]
Premier American Uranium Amends Terms of Promissory Note with Sachem Cove
Globenewswire· 2025-08-19 11:00
Core Viewpoint - Premier American Uranium Inc. has amended the terms of its existing promissory note with Sachem Cove Special Opportunities Fund to provide additional funding for its operations and acquisition plans [1][2]. Financial Summary - The original promissory note was established in 2023 for up to US$1 million, with an outstanding balance of approximately US$200,000. The amended note now allows for up to US$865,000 at an interest rate of 12% per annum, with interest payable upon maturity [2][3]. - The company can draw down on the note in increments of no less than US$100,000 on a weekly basis, and a minimum of six months' interest is payable regardless of the repayment date [3]. Use of Funds - The additional principal from the note is intended to fund claim maintenance fees payable to the U.S. Bureau of Land Management and for other working capital purposes, supporting the company's uranium portfolio advancement in the U.S. [4]. Related Party Transaction - The lender is considered an insider of the company, and the amendment is classified as a "related party transaction." The company is relying on exemptions from formal valuation and minority approval requirements under Multilateral Instrument 61-101 [5][6]. Corporate Overview - Premier American Uranium focuses on the consolidation, exploration, and development of uranium projects in the U.S., aiming to enhance domestic energy security and support the transition to clean energy. The company holds extensive land in key uranium-producing regions [8][9]. - The company is advancing its portfolio through work programs and benefits from strong partnerships with various institutional investors [9].