U.S. Global Investors Maintains Monthly Dividends as Airline Revenues Projected to Exceed $1 Trillion for the First Time in 2026, with an Update on Gold and Silver
Globenewswire· 2025-12-12 15:00
Airline Industry Net Profits Rebound Toward Record Highs IATA, Airfinance Global, U.S. Global Investors San Antonio, TX, Dec. 12, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (“the Company”), a registered investment advisory firm[1] with expertise in gold mining stocks and the airline industry, is pleased to announce that it will continue its payment of monthly dividends. The Company’s Board of Directors (the “Board”) approved payment of the $0.0075 per share per month dividend be ...
VILNIAUS BALDAI AB annual audited information for the year 2025
Globenewswire· 2025-12-12 15:00
Please find the attached VILNIAUS BALDAI AB audited consolidated and company's financial statements for the year 2025 ended 31 August 2025 with independent auditor's report. Enclosed: Independent Auditor's Report, Confirmation of Responsible Persons, Consolidated Management Report, Consolidated and Company's Financial Statements for the Year 2025 ended 31 August 2025. Additional information: Head of Finance Egidijus Žvaliauskas Phone No: +370 5 2525700 Attachments Independent Auditor's Report_2025 ab ...
TRWD Executes Growth Strategy as Grown-Up Entertainment Sector Enters Expansion Phase
Globenewswire· 2025-12-12 14:38
NEW YORK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Tradewinds Universal, Inc. (OTC: TRWD), a fully reporting publicly traded holding company, today highlighted accelerating revenue momentum within the grown-up entertainment sector and detailed how its execution strategy positions the company for long-term growth and consolidation. Peppermint Hippo and its affiliated brands, including Las Tóxicas, have started multiple transactions expected to close in late 2025 and early 2026. Based on existing operations and a gr ...
Global Crossing Airlines Announces Annual Meeting Results
Globenewswire· 2025-12-12 14:26
Core Points - Global Crossing Airlines Group, Inc. announced the election of six directors to its board and the reapproval of several key plans at the Annual Meeting [1] - The company ratified the appointment of Rosenberg Rich Baker Berman P.A. as its independent registered public accounting firm for the fiscal year ending December 31, 2025 [1] Voting Results - Six directors were elected with the following votes: - Andrew Axelrod: 17,600,169 votes (95.86%) - Alan Bird: 17,389,072 votes (94.71%) - T. Allan McArtor: 17,374,319 votes (94.63%) - Chris Jamroz: 17,335,136 votes (94.42%) - Deborah Robinson: 17,381,104 votes (94.67%) - Cordia Harrington: 17,335,007 votes (94.41%) [2] - The reapproval of the Incentive Stock Option Plan received 17,323,591 votes (94.36%) in favor [2] - The reapproval of the Restricted Share Unit Plan received 17,143,412 votes (93.38%) in favor [2] - The reapproval of the Performance Share Unit Plan received 17,331,695 votes (94.40%) in favor [2] - The appointment of Rosenberg Rich Baker Berman P.A. was ratified with 30,907,808 votes (98.11%) in favor [2] Company Overview - GlobalX operates as a US 121 domestic flag and supplemental airline utilizing the Airbus A320 family of aircraft [4] - The company provides domestic and international ACMI and charter flights for passengers and cargo across the US, Caribbean, Europe, and Latin America [4] - GlobalX is IOSA certified by IATA and holds TCOs for Europe, the UK, and Australia [4]
C3is Inc. Announces Closing of $9 Million Public Offering
Globenewswire· 2025-12-12 14:25
Core Viewpoint - C3is Inc. has successfully closed a public offering, raising approximately $9 million to support its capital expenditures and general corporate purposes [1][3]. Offering Details - The offering consisted of 7,500,000 units, each including either one Common Share or one Pre-Funded Warrant, along with Class D and Class E Warrants [2]. - The public offering price was set at $1.20 per unit for Common Shares and $1.19999 per unit for Pre-Funded Warrants, with the Pre-Funded Warrants being immediately exercisable [2]. - Class D Warrants have an initial exercise price of $1.20 and are exercisable immediately, expiring 60 months after issuance [2]. - Class E Warrants have an exercise price of $0.00001 and are also immediately exercisable [2]. Use of Proceeds - The net proceeds from the offering will be utilized for capital expenditures, including the acquisition of additional vessels, working capital, and other general corporate purposes [3]. Company Overview - C3is Inc. is a ship-owning company that provides dry bulk and crude oil seaborne transportation services, owning four vessels with a total fleet capacity of 213,464 deadweight tons [6].
Nordic American Tankers Ltd (NYSE: NAT) – Comments on strong market and on Venezuela matters
Globenewswire· 2025-12-12 14:22
Market Overview - The market for suezmax vessels is currently strong due to a scarcity of vessels, leading to high charter rates [1] - Recent fixtures include a 40-day charter at approximately $52,000 per day, a 33-day charter at about $78,000 per day, and a 50-day voyage at around $95,000 per day [1] Operating Costs and Focus Areas - The operating costs for the company's ships are approximately $9,000 per day [2] - Venezuela is highlighted as a key area of interest due to its significant oil reserves, estimated to be about 17% of the world's total [2]
Subsea7 Related Party Transaction
Globenewswire· 2025-12-12 14:14
Group 1 - Subsea 7 S.A. has agreed to reimburse Siem Industries S.A. for legal costs related to the proposed merger with Saipem S.p.A., totaling under $1 million [1] - The Shareholders' Agreement ensures that Eni S.p.A., CDP Equity S.p.A., and Siem Industries S.A. will vote in favor of the merger, promoting a balanced leadership and governance structure [2] - The transaction is classified as a related party transaction, and Kristian Siem and Louisa Siem abstained from voting on the reimbursement in compliance with SRD II and Luxembourg Company Law [3] Group 2 - Subsea 7 is recognized as a global leader in delivering offshore projects and services for the energy industry, focusing on sustainable value creation [3]
Silynxcom Secures Order of $3 Million for Advanced Tactical Communication Solutions to Asian Military Customer
Globenewswire· 2025-12-12 14:12
Core Insights - Silynxcom Ltd. has received a purchase order exceeding $3 million from a military customer in Asia, indicating a growing demand for its tactical communication solutions [1][3] - The order includes the company's flagship tactical in-ear headset system, which enhances situational awareness and team coordination for soldiers in combat [2][3] - The CEO of Silynxcom highlighted that this order marks a significant milestone in the company's strategic expansion in Asia, with expectations for increased market penetration and long-term opportunities [3] Product Overview - Silynxcom specializes in ruggedized tactical communication headset devices, which are field-tested and combat-proven [4] - The in-ear headsets provide active sound protection while maintaining ambient awareness, allowing users to communicate clearly in hazardous environments [4] - The company collaborates closely with military and law enforcement customers to improve product functionality based on real-world feedback [4] Market Position - Silynxcom has established a strong presence in the Asian market, with previous contracts demonstrating the reliability of its products [3] - The region is viewed as a high-growth area due to ongoing defense modernization initiatives, presenting significant potential for future contracts [3]
MT Højgaard Holding A/S: MT Højgaard Holding sells Arssarnerit
Globenewswire· 2025-12-12 14:09
Core Viewpoint - MT Højgaard Holding is selling its last business activity in Greenland, the technical contracting and service company Arssarnerit, with the sale expected to complete in Q2 2026, pending competition authority approval [1]. Group 1: Sale Details - The buyer, VVS & El Firmaet A/S, will acquire all activities of Arssarnerit, including operating assets, inventory, ongoing projects, employees, and guarantees for completed projects up to a certain limit [2]. - The sale price corresponds to the book value of the sold assets and liabilities [2]. Group 2: Strategic Focus - Prior to this agreement, MT Højgaard Holding divested its HVAC service business and all activities outside Nuuk to concentrate Arssarnerit on its core technical contracting activities in the Nuuk area [3]. - The sale of Arssarnerit marks the final step in winding down MT Højgaard Holding's international operations, which began in October 2023, leaving only minor operating assets in Greenland [4]. Group 3: Financial Outlook - The agreement does not impact MT Højgaard Holding's 2025 outlook, which remains unchanged with expected revenue between DKK 10-10.5 billion and an operating profit (EBIT) of DKK 400-450 million [5].
VivoPower Executes $300 Million Definitive Joint Venture Agreement with South Korea-Based Lean Ventures to Acquire and Hold Ripple Labs Shares
Globenewswire· 2025-12-12 14:00
VivoPower will procure Ripple Labs shares for the joint venture’s dedicated investment vehicle, resulting in budgeted management and performance fees for VivoPower of $75 million over 3 years Lean Ventures is a licensed South Korean asset manager which manages funds for the Government of South Korea and other limited partners VivoPower has received approval from Ripple for the purchase of an initial tranche of Ripple Labs shares LONDON, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: ...