Newcore Gold Drilling Intersects 4.41 g/t Gold over 24.0 Metres, including 9.08 g/t Gold over 10.0 Metres, at the Enchi Gold Project, Ghana
GlobeNewswire· 2025-05-20 10:32
Drilling Intersects Wide Zones of Higher-Grade Gold Mineralization at the Boin Gold Deposit VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce additional drill results from the 35,000-metre drill program underway at the Company’s 100% owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. Shallow Reverse Circulation ("RC") drilling at the Boin Gold Deposit ("Boin") intersected multiple wide zo ...
Planet 13 Announces Chief Financial Officer Resignation;
GlobeNewswire· 2025-05-20 10:30
Steve McLean Named Interim Chief Financial OfficerLAS VEGAS, May 20, 2025 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced that Dennis Logan, the Chief Financial Officer of the Company, submitted his resignation effective May 31, 2025. Mr. Logan will be leaving the Company to pursue other opportunities. Mr. Logan has served as the Chief Financial Officer of the Company since 20 ...
Kraken Robotics Announces More than $3 Million in Synthetic Aperture Sonar Sales
GlobeNewswire· 2025-05-20 10:30
ST. JOHN'S, Newfoundland and Labrador, May 20, 2025 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces that it has received new orders totaling more than $3 million for Kraken Synthetic Aperture Sonar (SAS). The Kraken SAS systems will be integrated on small and medium-class uncrewed underwater vehicles (UUVs) for clients in Asia Pacific, Europe, and North America. “We continue to see high demand for our synthetic aperture sonar on uncrewed systems, esp ...
FBS Global Limited Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement
GlobeNewswire· 2025-05-20 10:30
Ordinary shares will continue to trade on the Nasdaq Capital Market, and the Company’s listing on such exchange is not affected by the receipt of the Notice SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) -- FBS Global Limited (NASDAQ: FBGL) disclosed that it had received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) that FBGL is not currently in compliance with the $1.00 minimum bid price requirement for continued listing of the Company’s ordinary shares (the “Ordinary Shares”) on the Nasdaq ...
Calibre Releases 2024 Sustainability Report, Reaffirming Commitment to Responsible Growth and Stakeholder Value
GlobeNewswire· 2025-05-20 10:30
VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce the publication of its fifth annual Sustainability Report, highlighting another year of strong economic performance and continued leadership in responsible mining practices. Darren Hall, President and Chief Executive Officer of Calibre, stated: “2024 was a transformative year for Calibre. We continued to deliver strong results while laying the found ...
Groupama has successfully carried out the issue of a subordinated debt for a principal amount of EUR 500 million
GlobeNewswire· 2025-05-20 10:24
Groupama announced the issue on 19 May 2025 of Euro-denominated Fixed Rate subordinated notes due 2035 placed with institutional investors for a principal amount of EUR 500 million. The new notes priced at MS+190, resulting in an annual coupon of 4.375%. The purpose of this transaction was to take advantage of current supportive market conditions to optimize the group’s capital structure. Investors showed significant interest with the order book more than 5 times oversubscribed. The main terms of the new is ...
H World Group Limited Reports First Quarter of 2025 Unaudited Financial Results
GlobeNewswire· 2025-05-20 10:15
Core Viewpoint - H World Group Limited reported its unaudited financial results for Q1 2025, showing a year-over-year revenue increase of 2.2% to RMB5.4 billion (US$744 million) and a significant net income growth of 35.7% to RMB894 million (US$123 million) [4][21][22]. Financial Performance - Total hotel turnover increased by 14.3% year-over-year to RMB22.5 billion in Q1 2025, with a 15.3% increase excluding Legacy-DH [4]. - Revenue from manachised and franchised hotels rose by 21.1% year-over-year to RMB2.5 billion (US$344 million) [12]. - Revenue from the Legacy-Huazhu segment was RMB4.5 billion, a 5.5% year-over-year increase, while the Legacy-DH segment saw a decline of 11.3% to RMB918 million [4][9]. Operational Highlights - As of March 31, 2025, H World operated 11,685 hotels with 1,142,158 rooms, including 11,564 hotels from Legacy-Huazhu and 121 from Legacy-DH [2][37]. - The company opened 694 hotels in Q1 2025, contributing to a total of 2,888 hotels in the pipeline [2][8]. - The average daily room rate (ADR) for Legacy-Huazhu hotels was RMB272, with an occupancy rate of 76.2% [5][6]. Cost and Expenses - Total operating costs and expenses in Q1 2025 were RMB4.4 billion, reflecting a slight increase of 0.5% year-over-year [14]. - Hotel operating costs were RMB3.6 billion, a 1.1% year-over-year increase, primarily due to a 4.2% increase in Legacy-Huazhu costs [14]. Cash Flow and Debt - Operating cash inflow for Q1 2025 was RMB580 million (US$80 million), while investing cash inflow was RMB757 million (US$103 million) [24]. - As of March 31, 2025, the company had total cash and cash equivalents of RMB8.2 billion (US$1.1 billion) and total debt of RMB5.3 billion (US$726 million) [25][24]. Future Guidance - For Q2 2025, H World expects revenue growth in the range of 1%-5%, or 3%-7% excluding Legacy-DH, with manachised and franchised revenue growth anticipated at 18%-22% [26].
Cost-Optimized PolarFire® Core FPGAs and SoCs from Microchip Technology Deliver High Performance with a 30% Lower Price Tag
GlobeNewswire News Room· 2025-05-20 10:10
Core Insights - Microchip Technology is launching PolarFire® Core FPGAs and SoCs to address rising Bill of Material (BOM) costs, optimizing performance and budgets for developers [1][3] - The new PolarFire Core devices can reduce customer costs by up to 30% by eliminating integrated serial transceivers while maintaining low power consumption and high reliability [1][2] Product Features - PolarFire Core families are designed for various markets including automotive, industrial automation, medical, communication, defense, and aerospace, featuring Single Event Upset (SEU) immunity and a quad-core, 64-bit RISC-V® microprocessor [2] - The devices are pin-to-pin compatible with the full line of PolarFire FPGAs, enhancing value for cost-sensitive applications [2] Market Context - The FPGA market is facing challenges as many manufacturers have raised prices, prompting OEMs to seek cost-effective solutions [3] - Microchip's PolarFire Core devices are positioned to provide market-leading solutions at favorable price points, addressing both price and power budget challenges [3] Development Support - PolarFire Core devices are supported by Microchip's Libero® SoC Design Suite, SmartHLS™ compiler, and VectorBlox™ Accelerator SDK, facilitating rapid RISC-V application development [4] - Compatibility with existing PolarFire FPGA and SoC development boards is emphasized to expedite silicon development [4] Availability - Information regarding pricing and purchasing can be obtained through Microchip sales representatives or their official website [5]
Nykredit announces receipts of all regulatory approvals
GlobeNewswire· 2025-05-20 10:05
Group 1 - Nykredit has received approval from the Danish Competition and Consumer Authority for its voluntary takeover offer for Spar Nord Bank A/S, marking the completion of all necessary regulatory approvals [1][2] - The offer period for the takeover will expire on 20 May 2025 at 23:59 (CEST), with Nykredit planning to announce the preliminary calculation of acceptances on 21 May 2025 [3] - The completion of the offer is still subject to the fulfillment of remaining conditions outlined in the Offer Document [2]
Nykredit Realkredit A/S has received all regulatory approvals to complete the recommended, voluntary public tender offer for Spar Nord Bank A/S - Nykredit Realkredit A/S
GlobeNewswire· 2025-05-20 10:01
Core Viewpoint - Nykredit Realkredit A/S has received all necessary regulatory approvals to proceed with its voluntary public tender offer for Spar Nord Bank A/S, with the offer price set at DKK 210.50 per share, valuing Spar Nord Bank at DKK 24.7 billion [1][3]. Group 1: Regulatory Approvals - The Danish Competition and Consumer Authority has approved Nykredit's acquisition of sole control over Spar Nord Bank, fulfilling the "Regulatory Condition" for the offer [3]. - Nykredit announced its intention to submit the voluntary public tender offer on December 10, 2024, and the offer document was published on January 8, 2025, with subsequent supplements [2][3]. Group 2: Offer Details - The offer price for Spar Nord Bank shares has been increased to DKK 210.50 per share from the initial DKK 210 [1]. - The offer period is set to expire on May 20, 2025, with a preliminary announcement regarding acceptances expected on May 21, 2025 [4]. Group 3: Future Plans - Nykredit plans to delist Spar Nord Bank from Nasdaq Copenhagen and execute a compulsory acquisition of remaining shareholders, contingent on achieving the necessary ownership interest [5]. - Following the completion of the offer, Nykredit anticipates combining Nykredit Bank A/S and Spar Nord Bank, which will further increase its ownership stake in Spar Nord Bank [5][6].