Tomingley Exploration Intersects Significant Gold at El Paso
Globenewswire· 2025-08-18 10:21
Core Insights - Alkane Resources Limited has reported significant exploration results from its Tomingley Gold Operations in Central New South Wales, indicating potential for increased resource inventory and mine life [1][5][9]. Exploration Results - Drilling results include: - EPD016: 8.2 metres grading 3.74 g/t Au, with 1 metre grading 25.0 g/t Au [2][16]. - EPD017: 32.1 metres grading 1.65 g/t Au, with notable intervals of 4 metres grading 3.21 g/t Au and 14 metres grading 1.71 g/t Au [2][17]. - TORC007: 14 metres grading 0.58 g/t Au, including 5 metres grading 1.11 g/t Au [3][23]. - EPAC201: 12 metres grading 0.35 g/t Au, with 3 metres grading 0.93 g/t Au [4][31]. Project Overview - The Tomingley Gold Project (TGP) spans approximately 440 km² and includes both open pit and underground operations with a processing capacity of 1 Mtpa [9][10]. - The project has seen extensive exploration leading to the definition of mineral resources at the Roswell and San Antonio deposits, separate from the established resources at TGO [10][11]. Future Plans - A further 2,000 metres of diamond core drilling is planned to define exploration targets at the El Paso prospect [6][18]. - The upcoming exploration program includes high-resolution drone magnetic surveys and additional drilling across various prospects, totaling 6,000 metres [33][34]. Historical Context - The Tomingley Gold Operations have a history of significant gold production, with the historic workings indicating potential for high-grade ore shoots [28][29]. Mineral Resource Estimates - The total mineral resources at TGP include significant measured, indicated, and inferred resources, with ongoing updates expected in September 2025 [40][41].
GigaCloud Technology Inc Announces New $111 Million Share Repurchase Program
Globenewswire· 2025-08-18 10:05
Core Points - GigaCloud Technology Inc has authorized a new share repurchase program to buy back up to $111 million of its Class A ordinary shares over the next three years, effective August 17, 2025, while terminating the previous program [1] - The company's share price has appreciated by 163% since its IPO in 2022, reflecting strong execution and market recognition of its strategy [2] - GigaCloud has returned nearly $71 million to shareholders through buybacks since going public, viewing share repurchases as a strategic tool to reduce stock price volatility [2] - The company maintains a strong balance sheet with zero debt and consistent positive operating cash flows, allowing for capital returns while supporting long-term growth initiatives [2] - The share repurchase program will be executed through various means, including open market transactions and block trades, with the timing and number of shares repurchased depending on market conditions and other factors [2] Company Overview - GigaCloud Technology Inc is a pioneer in global end-to-end B2B technology solutions for large parcel merchandise, offering a comprehensive ecommerce platform known as the "GigaCloud Marketplace" [3] - The GigaCloud Marketplace connects manufacturers, primarily in Asia, with resellers in the U.S., Asia, and Europe, facilitating cross-border transactions efficiently [3] - The company initially focused on the global furniture market and has since expanded into categories such as home appliances and fitness equipment [3]
Heineken N.V. reports the progress of transactions under its current share buyback programme
Globenewswire· 2025-08-18 10:00
Core Insights - Heineken N.V. is progressing with its €1.5 billion share buyback program, having reported on the first €750 million tranche [1][4] Group 1: Share Buyback Program Details - From August 11 to August 15, 2025, Heineken repurchased a total of 179,455 shares at an average price of €68.17 [2] - During the same period, an additional 179,385 shares were repurchased from Heineken Holding N.V. [2] - As of August 15, 2025, a cumulative total of 3,945,537 shares have been repurchased under the program, amounting to €297,280,524 [2] Group 2: Communication and Reporting - Heineken publishes a weekly overview of the share buyback program on its website every Monday [3] - The company adheres to regulatory obligations as outlined in EU regulations regarding buyback programs [4] Group 3: Company Overview - Heineken is recognized as the world's most international brewer, with a diverse portfolio of over 340 beer and cider brands [5] - The company operates in more than 70 countries, emphasizing sustainability and innovation in its business practices [5]
Kering: Monthly statement on the total number of shares and voting rights (August 2025)
Globenewswire· 2025-08-18 09:45
Core Points - Kering has released a monthly statement regarding the total number of shares and voting rights as of August 15, 2025 [3] - The total number of shares is reported to be 123,420,778, with a total number of theoretical voting rights at 176,690,426 and exercisable voting rights at 175,866,991 [3][4] Summary by Category - **Company Information** - Kering is a société anonyme with a share capital of €493,683,112, headquartered at 40, rue de Sèvres, 75007 Paris [2] - **Shares and Voting Rights** - As of August 15, 2025, Kering has a total of 123,420,778 shares [3] - The total number of theoretical voting rights is 176,690,426, while the number of exercisable voting rights is 175,866,991 [3][4] - The calculation includes all shares with voting rights, excluding treasury shares stripped of voting rights [3][4]
Sisecam’s Consolidated Net Sales Reached 101 Billion TL in the First Half of the Year
Globenewswire· 2025-08-18 09:38
Core Insights - Sisecam reported consolidated net sales of 101 billion TL for the first half of 2025, with international sales accounting for 62% of total sales [2][3] - The company made total investments of 14.6 billion TL and achieved exports of 483 million USD during the same period [2][3] Financial Performance - Consolidated net sales reached 101 billion TL in H1 2025 [2][3] - International sales, including exports and sales from foreign production facilities, constituted 62% of total sales [2][3] - Total investments amounted to 14.6 billion TL [2][3] - Exports were recorded at 483 million USD [2][3] - Production figures included 2.8 million tons of glass, 2.2 million tons of soda ash, and 1.9 million tons of industrial raw materials [2] Strategic Focus - The CEO highlighted the impact of global macroeconomic and geopolitical factors on the business environment, emphasizing the need for sustainable growth and profitability [3] - Sisecam launched an "Efficiency Management Program" to enhance operational efficiency and maintain a strong balance sheet [4] - The company is realigning business plans and organizational structures to improve agility and responsiveness to market changes [4] Operational Developments - Sisecam is restructuring its architectural glass capacity in Europe and optimizing production through cold repairs and maintenance investments [4] - A new flat glass facility in Tarsus is set to begin production in Q1 2026, with frosted glass and energy glass processing lines starting slightly ahead of schedule in Q4 2025 [4] - The company is consolidating its automotive glass production facilities in Slovakia to improve efficiency and streamline operations [6] Growth Initiatives - Soda ash production remains a key focus, with ongoing investments in the U.S. market, including a planned annual capacity of 5 million tons for the Pacific Soda project [7] - The Wyoming facility, operational since 2019, has an annual capacity of 2.5 million tons and is noted for its low carbon footprint [7]
Festi hf.: Buyback program week 33
Globenewswire· 2025-08-18 08:30
Summary of Key Points Core Viewpoint - Festi has actively engaged in a share buyback program, purchasing a total of 170,000 own shares for 50,990,000 ISK in week 33 of 2025, which aligns with their previously announced buyback strategy [1][2]. Group 1: Share Buyback Details - In week 33 of 2025, Festi purchased 170,000 shares at an average price of approximately 299.35 ISK per share, totaling 50,990,000 ISK [1]. - The buyback program is in compliance with relevant regulations, including the Act on Public Limited Companies and the Regulation of the European Parliament on market abuse [1]. - Prior to this purchase, Festi held 1,226,226 shares, representing 0.39% of issued shares, and after the buyback, the total shares held increased to 1,396,226, or 0.45% of issued shares [2]. Group 2: Buyback Program Overview - The buyback program, announced on June 27, 2025, aims to repurchase a total of 2,500,000 shares, which is 0.80% of the issued shares, with a maximum purchase price cap of 800 million ISK [2]. - To date, Festi has repurchased a total of 1,150,000 shares for 343,770,000 ISK under this program [2].
Bulletin from the extraordinary general meeting of Fingerprint Cards AB (publ) on August 18, 2025
Globenewswire· 2025-08-18 08:27
Core Viewpoint - Fingerprint Cards AB (FPC) held an Extraordinary General Meeting on August 18, 2025, where significant resolutions were passed regarding a reverse share split [1]. Group 1: Reverse Share Split - The Meeting resolved to revoke previous resolutions concerning the reverse share split and amend the articles of association to enable this action [2]. - A reverse share split of 2,000 existing shares into one share was approved, resulting in a decrease of shares from 15,175,375,766 to 7,587,687 shares, and votes from 15,246,250,766 to 7,623,120 votes [2]. - After the reverse share split, each share will have a quota value of approximately SEK 21.353477 [2]. Group 2: Shareholder Impact - The aggregation of shares will involve rounding down for shareholders with excess shares, and an issuing agent will be used for the sale of B shares corresponding to the fractions resulting from rounding down [3]. - Allocation of new shares to shareholder and nominee accounts will be done automatically, with excess shares being transferred to the issuing agent for sale [3]. - Compensation for fractions will be provided to shareholders by the issuing agent or Euroclear, and excess shares that do not entitle holders to new shares will be cancelled [3]. Group 3: Future Communications - A separate press release will be issued once the Board of Directors determines the record date for the reverse share split [4].
Upcoming Guidance and Costerfield and Björkdal Clarification
Globenewswire· 2025-08-18 08:03
Core Viewpoint - Alkane Resources Limited is preparing to release Production Guidance for FY2026 and the Annual Resources and Reserves Statement following the merger with Mandalay Resources Corporation, with expectations to provide updates in September 2025 [3][4]. Production Results - The company has announced consolidated production results for FY2025, detailing production from its Costerfield and Björkdal projects, including metal equivalents calculations [2][6]. - Costerfield produced a total of 143,219 tonnes of ore mined with an average gold grade of 9.54 g/t and an antimony grade of 0.75 tonnes for the year [10][11]. - Björkdal mined 910,663 tonnes of ore with an average gold grade of 1.36 g/t, and milled 1,400,734 tonnes of ore with a head grade of 1.09 g/t [10][11]. Revenue and Costs - Costerfield generated a revenue of US$136.842 million for FY2025, while Björkdal contributed US$128.081 million [10][11]. - The cost of sales excluding depreciation and depletion for Costerfield was US$49.478 million, and for Björkdal, it was US$67.268 million [10][11]. Mine Life Information - The company has retracted previously reported mine life information for Costerfield and Björkdal, clarifying that the estimates were based on foreign mineral reserves and not compliant with the JORC Code [7][8][9]. - Future releases will not include such mine life information to avoid misinterpretation as production targets [9]. Resource and Reserve Estimates - Alkane is converting mineral resources and reserves estimates from NI 43-101 to JORC Code compliance for Costerfield and Björkdal, aiming to include these in the 2026 Annual Resources and Reserves Statement [5]. Company Overview - Alkane Resources operates three mines in Australia and Sweden, focusing on gold and antimony production, and is positioned for further growth with a strong balance sheet [12][13].
Sydbank A/S share buyback programme: transactions in week 33
Globenewswire· 2025-08-18 08:02
Core Viewpoint - Sydbank A/S has initiated a share buyback program amounting to DKK 1,350 million, aimed at reducing its share capital, which commenced on March 3, 2025, and is set to conclude by January 31, 2026 [1][2]. Summary by Sections Share Buyback Program - The share buyback program is executed in compliance with EU regulations, specifically Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1052, known as the Safe Harbour rules [2]. - As of the most recent announcement, a total of 1,454,000 shares have been accumulated, with a gross value of DKK 633,859,450 [2]. Transactions Overview - In week 33, the following transactions were recorded: - August 11, 2025: 11,000 shares at a VWAP of 511.26, gross value DKK 5,623,860 - August 12, 2025: 10,000 shares at a VWAP of 517.93, gross value DKK 5,179,300 - August 13, 2025: 10,000 shares at a VWAP of 519.97, gross value DKK 5,199,700 - August 14, 2025: 10,000 shares at a VWAP of 527.58, gross value DKK 5,275,800 - August 15, 2025: 10,000 shares at a VWAP of 532.40, gross value DKK 5,324,000 - Total shares bought back in week 33 amounted to 51,000, with a total gross value of DKK 26,602,660 [2]. Accumulated Transactions - The total number of shares accumulated during the entire share buyback program stands at 1,505,000, with a gross value of DKK 660,462,110 [2]. - Following these transactions, Sydbank A/S holds a total of 1,505,761 own shares, representing 2.94% of the bank's share capital [3].
UP Fintech Holding Limited to Report Second Quarter 2025 Financial Results on August 27, 2025
Globenewswire· 2025-08-18 08:00
Group 1 - UP Fintech Holding Limited will report its financial results for the second quarter ended June 30, 2025, before the U.S. market opens on August 27, 2025 [1] - An earnings conference call will be held at 8:00 AM on August 27, 2025, U.S. Eastern Time [1] - Participants must preregister online to receive dial-in numbers for the conference call [2][3] Group 2 - Upon registration, participants will receive confirmation emails with dial-in numbers and personal PINs [4] - A live and archived webcast of the conference call will be available on the company's investor relations website [4] - UP Fintech is a leading online brokerage firm focusing on global investors, offering a mobile and online trading platform for equities and other financial instruments [5] Group 3 - The company employs a "mobile first" strategy to enhance user experience and attract new customers [5] - UP Fintech provides comprehensive brokerage and value-added services, including trade order placement, margin financing, and investor education [5] - The company's infrastructure supports trades across multiple currencies, markets, products, execution venues, and clearinghouses [5]