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AGF Announces Results of Special Meetings of Securityholders and Implementation of Certain Fund Changes Approved by Securityholders
Globenewswire· 2025-06-26 21:02
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Following special meetings of securityholders held on June 26, 2025, AGF Investments Inc. (AGF Investments) today announced that securityholders approved the proposed changes to the investment objectives of AGF Short-Term Income Class and AGF Global Sustainable Growth Equity Fund (each a “Fund”, and collectively, the “Funds”), as follows: Fund Current Investment Objective Proposed Investment Objective AGF Short-Term Income ClassThe Fund’s objective is to provide ma ...
MGM YONKERS SUBMITS COMMERCIAL CASINO LICENSE APPLICATION IN NEW YORK
Prnewswire· 2025-06-26 20:15
Core Viewpoint - MGM Yonkers Inc. has submitted a $2.3 billion proposal to transform the Empire City Casino into a commercial casino and entertainment destination, aiming to benefit the local community and the State of New York [1][2][6] Group 1: Project Details - The proposal includes full renovation and expansion of existing gaming areas, a high-limit lounge, and a state-of-the-art BetMGM Sportsbook for retail sports betting [2] - Plans feature a 5,000-person capacity entertainment venue and meeting space for various performances and community events [2] - The project will also introduce three new full-service restaurants and renovate existing dining options [3] Group 2: Economic Impact - Since its opening in 2006, Empire City Casino has generated over $5 billion for New York State education, with $1.6 billion contributed since MGM Resorts took ownership in 2019 [5] - The project is expected to create thousands of direct, induced, and indirect jobs, enhancing economic activity in the region [7] - If awarded the license, 20% of generated tax revenue will be distributed, with 10% to Yonkers, 5% to Westchester County, and 5% to Rockland and Putnam counties [6] Group 3: Sustainability and Community Commitment - The proposal includes a parking garage with solar energy arrays and electric vehicle parking, showcasing MGM Resorts' commitment to sustainability [3] - Significant investments are planned for public infrastructure improvements in Yonkers, including roads and water lines [8] - MGM Resorts emphasizes building and sustaining communities as a core belief, integrating energy-efficient methods in the project [8]
OTC Markets Group Welcomes Star Copper Corp. to OTCQX
GlobeNewswire News Room· 2025-06-26 11:00
Core Points - Star Copper Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies a milestone for the company [1][3][4] - The upgrade reflects the company's strategic planning and commitment to fiscal health, compliance, and corporate governance, aiming to increase visibility among U.S. investors [4][5] - Star Copper's flagship project is located in British Columbia's Golden Triangle, focusing on advancing copper-gold exploration with plans for geological mapping, drilling, and environmental studies [5] Company Overview - Star Copper Corp. is a mineral exploration company dedicated to advancing Canadian mining projects, particularly in the copper-gold sector [5] - The company is focused on its Star Project, which has confirmed open mineralization and plans for further exploration and resource estimation [5] - Star Copper aims to support the growing global demand for electrification through sustainable development and value creation [5] Market Context - The OTCQX Market is designed for established companies that meet high financial standards and corporate governance practices, enhancing their visibility and access to U.S. investors [3][6] - OTC Markets Group Inc. operates regulated markets for trading a wide range of U.S. and international securities, providing critical market infrastructure for broker-dealers [6][7]
NIP Group Releases Inaugural Sustainability Report for 2024, Charting New Course for the Digital Entertainment Industry
Globenewswire· 2025-06-26 10:00
Core Insights - NIP Group Inc. has published its inaugural sustainability report, highlighting its commitment to corporate governance, sustainable development, and social value creation in the digital entertainment sector following its IPO in July 2024 [1][2] Group 1: Sustainability Report Highlights - The 2024 sustainability report is the first comprehensive report of its kind in the global esports industry, emphasizing NIP Group's efforts to integrate sustainability into its operations [2] - The report outlines NIP Group's measurable impact across four key pillars: Sound Governance, Diversified Development, People-First, and Esports for Good [3] Group 2: Sound Governance - NIP Group has strengthened corporate governance and compliance, enhancing internal controls and risk management frameworks across its global operations [4] - The company has engaged transparently with stakeholders and joined China's Trust and Integrity Enterprise Alliance, promoting business ethics and accountability [4] Group 3: Diversified Development - NIP Group has expanded its digital entertainment ecosystem, delivering immersive experiences and organizing or co-hosting 100 esports and entertainment events across 255 locations by the end of 2024 [5] - The company entered the game publishing market and formed strategic partnerships, including collaboration with the Abu Dhabi Investment Office [5] Group 4: People-First - NIP Group prioritizes employee well-being and diversity, achieving near gender parity with women comprising 47.8% of its workforce and providing comprehensive training programs [6][7] - The company maintains a 100% return rate from maternity leave and covers all employees with social insurance [6] Group 5: Esports for Good - NIP Group drives positive social impact through youth empowerment programs, environmental stewardship, and charitable initiatives, including disability-inclusive esports training [8] - The company mobilizes fans around sustainability through environmental campaigns and enhances city identities via esports-themed cultural tourism [8]
Boralex recognized as Best Corporate Citizen in Canada by Corporate Knights
Globenewswire· 2025-06-25 11:00
Core Insights - Boralex has been recognized as the top company in Corporate Knights' annual 'Best 50 Corporate Citizens' ranking in Canada, highlighting its commitment to sustainable development [1][2] - The company's vision focuses on contributing to a renewable energy future while ensuring a safe and inclusive work environment, with a commitment to achieving net-zero emissions by 2050 [2] - Boralex's recent Corporate Social Responsibility (CSR) Report emphasizes its inclusive recruitment process, workforce development initiatives, and greenhouse gas emission reduction targets approved by the Science-based Target Initiative [4] Company Overview - Boralex has over 30 years of experience in providing affordable renewable energy and is a leader in the Canadian market, as well as the largest independent producer of onshore wind power in France [5] - The company's installed capacity has increased by more than 50% over the past five years, reaching 3.2 GW, with ongoing projects in wind, solar, and storage totaling over 8 GW [5] - Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX [5]
Troilus Files Environmental and Social Impact Assessment for the Troilus Copper-Gold Project
Globenewswire· 2025-06-25 11:00
Core Viewpoint - Troilus Gold Corp. has filed the Environmental and Social Impact Assessment (ESIA) for its Troilus Copper-Gold Project, marking a significant milestone in the project's development and advancing it towards construction [1][2]. Group 1: Project Development - The ESIA submission is the result of over five years of baseline studies, technical evaluations, and community engagement, positioning Troilus as one of the largest undeveloped gold and copper projects in North America [2]. - The project is now entering the provincial and federal review process, with final decisions expected by the end of 2026 [6]. Group 2: Environmental and Community Engagement - The ESIA was developed in collaboration with leading environmental and engineering firms, which is expected to streamline the permitting timeline [5]. - Extensive community consultations were conducted with local Indigenous groups, shaping project design and mitigation strategies [10]. Group 3: Project Details - Troilus Gold Corp. holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt and aims for a large-scale 22-year, 50,000 tons per day open-pit mining operation [8]. - Independent studies confirm that the project's waste rock is non-acid-generating, significantly reducing environmental risks [10].
Simpson Manufacturing (SSD) Earnings Call Presentation
2025-06-25 09:10
Company Highlights - Simpson Manufacturing Co, Inc has a compound annual growth rate of approximately 15% since its 1994 IPO as of March 1, 2024 [9] - Since 2021, approximately 36% of free cash flow has been returned to stockholders [7] - The company's North America operations are outperforming U S housing starts, with an average of approximately 8% above market growth [87] Market and Product Portfolio - The company's core addressable market includes wood connectors & truss at $13 billion with SSD share at $296 million (23%), fasteners at $17 billion with SSD share at $135 billion (54%), and concrete at $25 billion with SSD share at $492 million (29%) [36] - The company offers a broad portfolio of solutions, including 18000 standard and custom products for wood, concrete, and steel [27] - The company has approximately 740 field sales representatives [31] Financial Performance and Capital Allocation - In 2023, North America sales were $1716 million, Europe sales were $481 million, and Asia/Pacific sales were $17 million [84] - In 2023, wood construction sales were $1882 million, concrete construction sales were $321 million, and other sales were $12 million [84] - The company defines free cash flow as cash flow from operations less capital expenditures [101]
Carnival (CCL) - 2025 Q2 - Earnings Call Transcript
2025-06-24 15:02
Financial Data and Key Metrics Changes - The company achieved record revenues and yields for eight consecutive quarters, with EBITDA up 26%, operating income increasing by 67%, and net income more than tripling year-over-year [9][10]. - Net income exceeded guidance by $185 million, driven by strong performance across all metrics [28]. - Yields grew by almost 6.5%, surpassing guidance by 200 basis points, with both ticket and onboard spending outperforming expectations [9][28]. Business Line Data and Key Metrics Changes - Customer deposits reached an all-time high, increasing by over $250 million compared to the previous year [30]. - Cruise costs without fuel per available lower berth day (ALBD) were up 3.5%, which was 200 basis points better than guidance [29][30]. - The company reported that EBITDA margins were 200 basis points higher than 2019 levels, marking the highest margins achieved in nearly twenty years [10][12]. Market Data and Key Metrics Changes - The company noted a strong close in demand across all core programs, contributing to improved ticket prices and onboard spending [28]. - The company is 93% booked for 2025, indicating strong demand despite geopolitical uncertainties [66]. Company Strategy and Development Direction - The company plans to set new targets in early Q2 next year after exceeding its 2026 fee change targets ahead of schedule [11][13]. - The launch of Celebration Key, a new private island destination, is expected to enhance customer experience and drive demand [17][19]. - The company is focused on achieving yield improvement by driving demand that outpaces supply, with significant investments in marketing and fleet enhancements [21][22]. Management's Comments on Operating Environment and Future Outlook - Management acknowledged the geopolitical tensions in the Middle East but stated that it has not yet had a discernible impact on business [6][7]. - The company remains optimistic about its ability to meet or exceed guidance, despite acknowledging a more unpredictable environment [15][69]. - Management indicated that onboard spending has remained strong even during periods of volatility, suggesting resilience in consumer behavior [74]. Other Important Information - The company has successfully met its carbon intensity reduction target, achieving a 20% reduction compared to 2019 levels [12]. - The new loyalty program, Carnival Rewards, is expected to enhance customer engagement and increase lifetime value, although it may have a short-term impact on yields [24][36]. Q&A Session Summary Question: Can you speak to improvements in product and experience that are translating to pricing and onboard spend? - Management highlighted ongoing incremental improvements across the business, emphasizing the importance of innovation and guest experience [46][49]. Question: What are the pricing expectations for Celebration Key itineraries? - Management confirmed that Celebration Key is seeing a premium in pricing, aligning with expectations, and marketing efforts are being ramped up [56][57]. Question: How has booking demand been affected by recent geopolitical events? - Management noted volatility in bookings during April, but improvements were seen in May and June, indicating a recovery in demand [66][68]. Question: Can you characterize demand for Europe in Q3? - Management reported strong demand for Europe in Q3, with onboard revenues outperforming expectations [75][76]. Question: What is the impact of the new loyalty program on customer engagement? - Management stated that the new loyalty program is designed to enhance engagement without pushing for direct bookings, benefiting both the company and travel agents [60].
芯源微: 《董事会战略与可持续发展委员会工作细则》
Zheng Quan Zhi Xing· 2025-06-23 12:48
沈阳芯源微电子设备股份有限公司 董事会战略与可持续发展委员会工作细则 第一章 总则 第三条 战略与可持续发展委员会由五名成员组成,其中应至少包括一名独 立董事。 第四条 战略与可持续发展委员会委员由董事长、二分之一以上独立董事或 者全体董事的三分之一提名,并由董事会选举产生。 第五条 战略与可持续发展委员会设主任委员(召集人)一名,负责主持战 略与可持续发展委员会工作,由委员选举产生,并报董事会备案。 第六条 战略与可持续发展委员会任期与董事会任期一致,委员任期届满, 连选可以连任。期间如有委员不再担任公司董事职务,自动失去委员资格,并由 委员会根据上述规定补足委员人数。 第七条 战略与可持续发展委员会下设投资评审小组和可持续发展工作组, 均由公司执行委员会主席任组长,另设副组长 1 至 2 名。 第三章 职责权限 第一条 为适应沈阳芯源微电子设备股份有限公司(以下简称"公司")战 略发展需要,增强公司核心竞争力,确定公司发展规划,健全投资决策程序,加 强决策科学性,提高重大投资决策的效益和决策的质量,完善公司治理结构,增 强公司可持续发展能力,根据《中华人民共和国公司法》《上海证券交易所科创 板上市公司自律 ...
Standard Lithium Announces New VP Appointments to Expand and Strengthen Senior Management
Globenewswire· 2025-06-23 12:30
Core Insights - Standard Lithium Ltd. has appointed Daniel Rosen as Vice President of Strategy and Investor Relations and Tim Sobel as Vice President of Health, Safety, Social and Environment (HSSE) [1][2] Leadership Appointments - Daniel Rosen brings over 13 years of experience in corporate strategy, finance, and capital markets, having previously played a key role in the integration of Arcadium Lithium into Rio Tinto [2][3] - Tim Sobel has over three decades of experience in HSSE leadership, previously serving as Vice President of HSSE for the Americas at DP World, overseeing HSSE strategy across more than 40 operations [3] Company Overview - Standard Lithium is focused on the sustainable development of high-grade lithium-brine properties in the United States, aiming for commercial-scale lithium production through a scalable DLE and purification process [4] - The company's flagship projects are located in the Smackover Formation in Arkansas and Texas, with a partnership with Equinor on the South West Arkansas project [4]