Latin Metals Appoints Eduardo Leon as Vice President of Exploration and Qualified Person
GlobeNewswire· 2025-05-08 18:52
Core Viewpoint - Latin Metals Inc. has announced the appointment of Eduardo Leon as Vice President of Exploration and has upsized its private placement to raise gross proceeds of up to $1.3 million [1][4]. Company Developments - Eduardo Leon has been with Latin Metals since 2020 and has played a significant role in the company's exploration efforts in South America, particularly in identifying copper potential in northwest Argentina [2]. - Leon's promotion is attributed to his leadership and strategic thinking, aligning with the company's prospect generator model aimed at maximizing exploration upside while minimizing dilution [3]. - The company has upsized its non-brokered private placement due to strong investor interest, now targeting total gross proceeds of up to $1.3 million, consisting of up to 11,818,182 units priced at $0.11 each [4]. Financial Details - Each unit in the private placement includes one common share and one purchase warrant, allowing the holder to buy a share at $0.20 for 36 months [4]. - The proceeds from the financing will be allocated for exploration, generative work, and general working capital [5]. - The company may pay finder's fees of up to 7% of the total gross proceeds raised, along with finder's warrants [6]. Stock Options - Latin Metals has granted 750,000 stock options to certain consultants, allowing them to purchase shares at $0.12 each for 36 months, representing 8.6% of the issued and outstanding stock [9]. Upcoming Events - The company will participate in several industry conferences, providing opportunities to connect with investors and showcase its exploration progress in Argentina and Peru [10]. Company Overview - Latin Metals operates under a prospect generator model, focusing on copper, gold, and silver exploration in Peru and Argentina, with 18 projects and partnerships with major mining companies [11].
Marie Claire & Moms First Celebrate Inaugural Power Moms List
GlobeNewswire· 2025-05-08 18:31
Core Viewpoint - The inaugural Power Moms List, celebrated by Marie Claire and Moms First, recognizes seven influential women across various fields who are redefining motherhood and leadership [6][7][8]. Group 1: Event Overview - The Power Moms ceremony took place on May 7, 2025, in New York City, co-hosted by Nikki Ogunnaike and Reshma Saujani [6][7]. - The event included an intimate dinner and awards ceremony where honorees shared inspiring stories of motherhood [9]. Group 2: Honorees and Recognition - The Power Moms honorees include Gabrielle Union, Kali Uchis, Deepika Padukone, Cherelle Griner, Olympia Gayot, and Bobbie co-founders Laura Modi and Sarah Hardy [5][8]. - Each honoree was featured on separate covers of Marie Claire's first-ever digital Motherhood Issue [7]. Group 3: Organizational Goals - Moms First, founded by Reshma Saujani, aims to advance policies supporting mothers, such as affordable childcare and paid family leave [10]. - The organization seeks to reposition motherhood as an economic imperative, advocating for cultural and structural support for mothers [10]. Group 4: Industry Impact - Marie Claire emphasizes the importance of mothers in shaping culture and progress, highlighting that motherhood is integral to the legacy of successful women [9]. - The collaboration between Marie Claire and Moms First aims to document the impact of mothers on families, the workforce, and society [8].
Palace Studios' New Pilates Studio For Private Clients In Central Hong Kong Available To Book Via Mobile App
GlobeNewswire· 2025-05-08 18:07
Company Overview - Palace Studios is a leading provider of premium private fitness spaces in Hong Kong, recently opening two flagship locations in the wellness corridor at Wyndham Street and Lan Kwai Fong, marking a significant expansion of its brand [1][11] - The company has quickly established itself as the studio of choice for personal trainers, pilates and yoga instructors, physiotherapists, and wellness professionals who require a premium and discreet environment [4][11] New Studio Launch - The newly launched Palace Three on Wyndham Street is specifically designed for the growing community of pilates instructors, offering a refined and private environment for high-profile clients [2][6] - Palace Three features premium branded equipment, natural wood finishes, and acoustic treatments, creating an ultra-private and serene experience tailored for instructors and their clients [5][10] Market Trends - The global pilates and yoga markets are projected to reach $420.98 billion by 2032, driven by increasing health consciousness and awareness of holistic practices among Hong Kong residents [7] - There is a rising demand for hyper-personalized, appointment-based fitness experiences in Hong Kong, positioning Palace Studios at the forefront of this trend [9] Location and Accessibility - Palace Three is strategically located near the mid-levels escalator on Wyndham Street, bridging Hong Kong's business core with upscale residential neighborhoods, and is available for bookings via the Palace Studios mobile app [8][10] - The app allows instructors to manage their schedules and access different Palace Studios locations without administrative burdens or long-term contracts [8] Community and Vision - Palace Three aims to be a community hub for instructors who seek a refined and discreet environment, catering to high-end clients such as executives and celebrities [10] - The company emphasizes its commitment to providing cutting-edge facilities that enhance the client experience and support the evolving fitness landscape in Hong Kong [6][9]
Notice on the Final Results of AKROPOLIS GROUP, UAB Green Notes Public Offering
GlobeNewswire· 2025-05-08 18:03
Core Viewpoint - Akropolis Group successfully completed a public offering of green notes valued at EUR 350 million, maturing in 5 years with a 6.000% annual coupon rate, aimed at strengthening its position in international debt capital markets [2][3]. Group 1: Offering Details - The green notes issuance is part of Akropolis Group's Green Finance Framework, which was publicly disclosed in February 2025 [2]. - The proceeds from the offering will be used to refinance existing EUR 300 million notes due 2026 and to finance a portfolio of Eligible Green Projects [4]. - The notes will be listed on Euronext Dublin and NASDAQ Vilnius, with a settlement date of May 15, 2025 [5][6]. Group 2: Investor Participation - The offering attracted over 90 investors, with the order book peaking at EUR 1.1 billion, indicating strong demand from a diverse investor base including Continental European and UK asset managers [5]. - The joint global coordinators for the offering were Citigroup Global Markets Europe AG and ING Bank N.V., with Skandinaviska Enskilda Banken AB acting as joint bookrunner [6]. Group 3: Financial Metrics - The notes have a fixed annual yield of 6.000% and will mature on May 15, 2030 [6]. - The issuer and expected rating of the notes is BB+ (stable) from both S&P and Fitch [6].
Bigbank AS Results for April 2025
GlobeNewswire· 2025-05-08 18:00
Core Insights - Bigbank's loan portfolio experienced significant growth in April, with an increase of 55 million euros, marking the highest monthly increase for the year [1] - The bank's net profit for April was 3.0 million euros, reflecting a 38% increase compared to the same period in 2024 [5][8] Loan Portfolio - The corporate loan portfolio grew by 26 million euros, while the home loan portfolio increased by 20 million euros, and the consumer loan portfolio rose by 9 million euros [1] - Loans to customers reached 2.37 billion euros, a year-on-year increase of 573 million euros or 32% [8] Deposit Portfolio - The deposit portfolio decreased by 12 million euros in April, with term deposits declining by 50 million euros and savings deposits increasing by 37 million euros [2] - Customer deposits and loans received totaled 2.55 billion euros, reflecting a 16% increase year-on-year [8] Financial Performance - Net interest income for April was 8.4 million euros, with a year-to-date total of 34.0 million euros, down 2% from the previous year [3][8] - Total net operating income for April was 9.1 million euros, a 2% increase year-on-year [7] Credit Losses - The net allowance for expected credit losses decreased by 4.2 million euros, or 42%, compared to the same period in 2024 [4][8] - The improved repayment behavior in the consumer loan portfolios of the Baltic countries contributed to the lower credit loss allowances [4] Expenses and Taxation - Total expenses for April were 4.1 million euros, with administrative expenses decreasing by 26% year-on-year [7] - Income tax expenses increased by 1.1 million euros, primarily due to higher tax rates in Estonia and Lithuania [5] Key Financial Indicators - Return on equity (ROE) for April was 13.4%, up 2.8 percentage points from the previous year [9] - The cost/income ratio (C/I) was 45.5%, slightly higher than the previous year [9] Company Overview - Bigbank, a commercial bank with over 30 years of history, operates in nine countries and serves more than 170,000 active customers [10] - As of April 30, 2025, the bank's total assets amounted to 2.9 billion euros, with equity of 274 million euros [10]
TWC Enterprises Limited Announces Voting Results from the 2025 Annual Meeting of Shareholders
GlobeNewswire· 2025-05-08 18:00
Group 1: Shareholder Meeting Results - TWC Enterprises Limited held its Annual Shareholders Meeting on May 7, 2025, with 37 shareholders representing 21,047,881 Common Shares, which is 86.36% of the total 24,371,549 issued and outstanding Common Shares [2][3] - All eight nominees proposed by management were elected as Directors of the Corporation, with voting results showing unanimous support for most nominees, except for Samuel J. B. Pollock, who received 98.55% votes in favor [3] - Deloitte LLP was appointed as the auditor of the Corporation, receiving 100% votes in favor, with 21,047,843 votes for and only 38 votes withheld [4] Group 2: Corporate Profile - TWC is the largest owner, operator, and manager of golf clubs in Canada, operating under the trademark "ClubLink One Membership More Golf," with 47 championship golf courses and 2.5 academy courses across 35 locations in Ontario, Quebec, and Florida [5]
ASSOCIATED CAPITAL GROUP, INC. Reports First Quarter Results
GlobeNewswire· 2025-05-08 18:00
Core Insights - Associated Capital Group, Inc. reported financial results for Q1 2025, showing a decline in total revenues and net income compared to the same period in 2024 [1][5][19] - The company experienced a change in leadership with Patrick Huvane appointed as Interim CEO following Doug Jamieson's retirement [2][3] Financial Performance - Total revenues for Q1 2025 were $2.1 million, down from $3.0 million in Q1 2024 [5][28] - Net income for Q1 2025 was $7.7 million, compared to $13.8 million in Q1 2024, resulting in a diluted net income per share of $0.36 versus $0.64 in the prior year [4][28] - Operating loss before management fee was $4.2 million in Q1 2025, compared to a loss of $3.0 million in Q1 2024 [4][28] Assets Under Management (AUM) - AUM at the end of Q1 2025 was $1.27 billion, an increase from $1.25 billion at the end of 2024, but down from $1.55 billion a year earlier [6][11] - The increase in AUM was attributed to market appreciation and currency fluctuations, offset by net outflows of $25 million [11] Operating Expenses - Total operating expenses, excluding management fees, were $6.3 million in Q1 2025, up from $6.0 million in Q1 2024, primarily due to increased mark-to-market expenses [8][28] - Management fees decreased to $1.1 million in Q1 2025 from $2.0 million in Q1 2024 [9][28] Investment Strategy Performance - The Merger Arbitrage strategy generated gross returns of 3.77% in Q1 2025, with net returns of 2.81% after fees [15] - Global M&A activity reached $890 billion in Q1 2025, a 15% increase from the previous year, with technology and financial sectors being the most active [15] Shareholder Actions - The Board declared a semi-annual dividend of $0.10 per share, payable on June 26, 2025 [19] - The company repurchased 39,018 Class A shares for $1.4 million in Q1 2025, compared to 117,354 shares for $3.9 million in Q1 2024 [19][20]
Toll Brothers Opens Woodland Estates Community in Leander, Texas
GlobeNewswire· 2025-05-08 17:29
LEANDER, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced that its latest Austin-area community, Toll Brothers at Woodland Estates, is now open for sale in Leander, Texas. This new luxury community offers an intimate collection of single-family homes on expansive one-acre home sites. The Toll Brothers Sales Center is now open daily at 2340 Greatwood Trail in Leander. “Toll Brothers at Woodland Estates offers the best luxury optio ...
SFL – 2025 AGM Results Notification
GlobeNewswire News Room· 2025-05-08 17:19
SFL Corporation Ltd. (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 12:00 hrs at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended 31 December 2024 were presented to the Meeting. In addition, the following resolutions were passed: To set the maximum number of Directors to be not more than eight.To resolve that vacancies in the ...
Cuprina Holdings Announces Closing of Underwriter’s Over-Allotment Option in Connection with Initial Public Offering
GlobeNewswire· 2025-05-08 17:05
Core Viewpoint - Cuprina Holdings (Cayman) Limited successfully closed the sale of an additional 450,000 Class A ordinary shares at the IPO price of $4.00 per share, raising a total of $13,800,000 in gross proceeds, including previous IPO proceeds of $12,000,000 [1] Group 1: Offering Details - The Offering was conducted under the Company's registration statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on March 31, 2025 [3] - R. F. Lafferty & Co., Inc. acted as the sole book-running manager for the Offering [2] Group 2: Company Overview - Cuprina is a Singapore-based biomedical and biotechnology company focused on developing and commercializing products for chronic wound management and infertility, as well as cosmeceuticals for health and beauty [5] - The company utilizes materials derived from natural sources to create wound care products that meet international standards [5]