LCR

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMC

Retrieved on: 
Domenica, Marzo 31, 2024
Carbon, Prior, Pacific Ocean, TMC, Partnership, Sale, LLP, News, Bank statement, LCR, Pomerantz, Clipperton Fracture Zone

NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of TMC the metals company Inc. (“TMC” or the “Company”) (NASDAQ: TMC).

Key Points: 
  • NEW YORK, March 31, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of TMC the metals company Inc. (“TMC” or the “Company”) (NASDAQ: TMC).
  • The investigation concerns whether TMC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • In February 2023, TMC and its wholly-owned subsidiary, Nauru Ocean Resources Inc. (“NORI”), entered into a strategic partnership with Low Carbon Royalties Inc. (“LCR”).
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

LCR Achieves Mechanical Completion in Frontier Town

Retrieved on: 
Mercoledì, Marzo 27, 2024
Veteran, Hewing, LCR, Porthole, EPC

ENFIELD, Conn., March 26, 2024 /PRNewswire/ -- Louth Callan Renewables (LCR) brings another complex project to mechanical completion this week, proving again their successful execution on the final stages of this 6.7MW solar and 10MW battery storage facility in Bernardston, MA.  "This project is a prime example of our backbone growth as an EPC.  Repeated success on complex projects under 10MW has rapidly brought us into the small utility scale market by invitation," said Nick Sylvestre, Managing Member of Louth Callan Renewables. "New England is a rugged territory, but call us to discover how we have addressed even the toughest of challenges," Sylvestre added. 

Key Points: 
  • ENFIELD, Conn., March 26, 2024 /PRNewswire/ -- Louth Callan Renewables (LCR) brings another complex project to mechanical completion this week, proving again their successful execution on the final stages of this 6.7MW solar and 10MW battery storage facility in Bernardston, MA.
  • "This project is a prime example of our backbone growth as an EPC.
  • "This project is a prime example of our backbone growth as an EPC … " said Nick Sylvestre, Managing Member of LCR.
  • Additionally, LCR will start other large complex projects with their partners that are slated for early 2025 launch in Louisiana, Missouri, Michigan and Kentucky.

EU banks are robust, but signs of credit quality deterioration are becoming apparent, the EBA’s Risk Dashboard shows

Retrieved on: 
Venerdì, Aprile 5, 2024
RDB, EBA, Risk, RWA, Roe, NPL, CRE, Elis James, LCR, Bank

EU banks are robust, but signs of credit quality deterioration are becoming apparent, the EBA’s Risk Dashboard shows

Key Points: 
  • EU banks are robust, but signs of credit quality deterioration are becoming apparent, the EBA’s Risk Dashboard shows
    The European Banking Authority (EBA) today published its Q4 2023 quarterly Risk Dashboard (RDB), which discloses aggregated statistical information for the largest EU/EEA institutions.
  • EU/EEA’s banks capitalisation stands at record levels, liquidity has improved, while return on equity (RoE) stood at 10.3%.
  • Yet, early signs of credit quality deterioration have become more apparent.
  • Financial market conditions during the first months of 2024 were benign with high level of debt issuances from banks.

Lancaster Resources Acquires High-Impact Uranium Claims in Athabasca Basin

Retrieved on: 
Martedì, Febbraio 27, 2024
Acquisition, Uranium, Centennial, News, LCR, Geology, BLM, Dufferin, Dry lake, National instrument, Mineral, Operation, Uranium mining

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF) (“Lancaster”), Lancaster Resources, a North American critical minerals exploration company, is excited to announce the acquisition of two high impact mineral claims in the world-class Athabasca Basin.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF) (“Lancaster”), Lancaster Resources, a North American critical minerals exploration company, is excited to announce the acquisition of two high impact mineral claims in the world-class Athabasca Basin.
  • The Catley Lake & Centennial East mineral claims are located immediately adjacent to Cameco’s Centennial deposit claim block in the south-central area of the Athabasca basin.
  • Lancaster is planning to progress exploration on the claims with new, modern technologies, to identify favourable geology, structures, and corridors that could host high concentrations of uranium.
  • Lancaster is continuing to build on our ability to develop and provide critical minerals with uranium to support our lithium projects."

HSBC Continental Europe: 2023 Annual and Second Half Results

Retrieved on: 
Mercoledì, Febbraio 21, 2024
Professional Services, Other Professional Services, Insurance, Finance, Asset Management, Banking, Acquisition, HSBC, Business, Commercial bank, Growth, Sale, LCR, HSBC Private Bank, Single Resolution Mechanism, Classification, HSBC Bank Malta, HSBC Continental Europe, Security (finance), Life insurance, Bank statement, Environment, Bank

On 20 February 2024, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial statements for 2023.

Key Points: 
  • On 20 February 2024, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial statements for 2023.
  • The consolidated balance sheet of HSBC Continental Europe showed total assets of €283bn at 31 December 2023, compared to €279bn at 31 December 2022.
  • At 31 December 2023, HSBC Continental Europe reported an average liquidity coverage ratio (LCR)5 of 158% and an average net stable funding ratio (NSFR)6 of 141%.
  • The increase was driven by the full year consolidation of the financial results of HSBC Germany and HSBC Malta.

Inflation Act Spikes Solar Growth for LCR

Retrieved on: 
Martedì, Marzo 5, 2024
Controlled Substances Act, Partnership, MBE, Inflation, Growth, LCR, Renewable energy

ENFIELD, Conn., March 5, 2024 /PRNewswire/ -- Louth Callan Renewables (LCR) launches a long-term partnership with Brooks Construction, the Connecticut based leading civil contractor in the renewable energy industry, to perform the civil construction activities for 45MWs of new solar projects in Maine, Maryland, Delaware, and New York.  For every project that LCR grants to Brooks, their MBE status provides government tax incentives that result in additional year over year cost savings of 8.5%  to their clients.  These projects represent unprecedented growth and new capacity for LCR with launch in March of 2024.

Key Points: 
  • These projects represent unprecedented growth and new capacity for LCR with launch in March of 2024.
    "
  • The Inflation Reduction Act of 2022 has actually amped up growth expectations for solar installation in the next decade.
  • "These projects are important for repeat utility scale business and we want to be well positioned for rapid growth."
  • Over 50% of leading solar companies establish three or more partners per project in order to achieve a broad range of benefits.

Canadian-based Siborg Systems Participated in Nepcon Tradeshow in Tokyo

Retrieved on: 
Lunedì, Febbraio 26, 2024
Analog signature analysis, Plant, IPC, LCR, ETE, APEX, Video game

WATERLOO, ON, Feb. 26, 2024 /PRNewswire/ -- Throughout the preceding year of 2023, Siborg Systems actively participated in several prominent trade shows across North America, Europe, Asia, and Latin America. These events included APEX in San Diego, Amper in Brno, ELTEFA in Stuttgart, MTA Show in Vietnam, Electronica China in Shanghai, ETE in Vietnam, and SBMicro in Brazil. These exhibitions served as invaluable platforms for product demonstrations, networking opportunities, and establishing connections with potential customers.

Key Points: 
  • Canadian-based Siborg Systems made a significant impact at the Nepcon Tradeshow in Tokyo, presenting a measurement technology seminar titled " Simple Offset Elimination Technique for Two-Wire Measurements " and showcasing its award-winning LCR-Reader Multimeters.
  • WATERLOO, ON, Feb. 26, 2024 /PRNewswire/ -- Throughout the preceding year of 2023, Siborg Systems actively participated in several prominent trade shows across North America, Europe, Asia, and Latin America.
  • Expanding its global presence, Siborg Systems strategically established support centers in key locations such as the United States, Germany, and Shenzhen, China.
  • These events present prime opportunities for Siborg Systems to showcase its LCR-Reader multimeters and cultivate new business relationships.

CORRECTION - Lancaster Resources Inc.

Retrieved on: 
Lunedì, Febbraio 12, 2024
Plan, Interim order, Shareholder, Meeting, News, LCR, Supreme court

VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- In a release issued on Friday, February 9th by Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0), please note that the headline should have stated the interim was for Nelson Lake, rather than Crestfield Copper as originally announced.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- In a release issued on Friday, February 9th by Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0), please note that the headline should have stated the interim was for Nelson Lake, rather than Crestfield Copper as originally announced.
  • The corrected release follows:
    Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”).
  • For further information on the Arrangement and the arrangement agreement (the "Arrangement Agreement"), please refer to Lancaster’s news release dated January 30, 2024.
  • The Interim Order, among other things, directs Lancaster to call and hold a special meeting (the "Meeting") of the holders of Lancaster common shares (the "Shareholders") in accordance with the Business Corporations Act, BC, to pass a special resolution to approve the Arrangement.

Lancaster Resources Announces Receipt of Interim Order for Crestfield Copper Spin-Off

Retrieved on: 
Venerdì, Febbraio 9, 2024
Meeting, News, Shareholder, Interim order, LCR, Supreme court, Plan

VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”).
  • For further information on the Arrangement and the arrangement agreement (the "Arrangement Agreement"), please refer to Lancaster’s news release dated January 30, 2024.
  • The Interim Order, among other things, directs Lancaster to call and hold a special meeting (the "Meeting") of the holders of Lancaster common shares (the "Shareholders") in accordance with the Business Corporations Act, BC, to pass a special resolution to approve the Arrangement.
  • In accordance with the Interim Order, the Meeting will be held at 10:00 a.m. (Vancouver time), March 15, 2024, at the offices of the Company.

Lancaster Resources and KorrAI Join Forces to Revolutionize Lithium and Critical Mineral Exploration with Artificial Intelligence

Retrieved on: 
Mercoledì, Febbraio 7, 2024
Partnership, LCR, Lithium, News, Rare-earth element, Operation, REE, Uranium, Entrepreneurship, CPO, Letter, National instrument, Organization

The collaboration between Lancaster Resources and KorrAI holds the promise of transforming the current exploration paradigm through the use of cutting-edge hyper-spectral imaging technology.

Key Points: 
  • The collaboration between Lancaster Resources and KorrAI holds the promise of transforming the current exploration paradigm through the use of cutting-edge hyper-spectral imaging technology.
  • "We are truly excited to embark on this strategic partnership with KorrAI," said Andrew Watson, VP Engineering and Operations of Lancaster Resources.
  • "We are proud to collaborate with Lancaster Resources, a forward-thinking exploration company dedicated to responsible mining practices," stated Rob McEwan, Co-Founder and CPO of KorrAI.
  • The collaboration aims to leverage the strengths of each organization, combining Lancaster Resources' expertise in lithium exploration with KorrAI's cutting-edge technology to drive innovation in the exploration and extraction of critical minerals.