Debt

LUXXFOLIO Launches Immersion Mining and Substantially Reduces Debt

Retrieved on: 
Thursday, August 11, 2022 - 12:31am

Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the "Debt") in exchange for a reduction to its current mining fleet by approximately 1900 machines (the "Miners").

Key Points: 
  • Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the "Debt") in exchange for a reduction to its current mining fleet by approximately 1900 machines (the "Miners").
  • The Debt represents the Company's entire obligation to the Lender and substantially all the Company's long-term debt.
  • LUXXFOLIO gains financial flexibility and capacity in our New Mexico site to aggressively pursue our immersion mining strategy.
  • LUXXFOLIO believes immersion is the future of mining and provides a risk-reduced business strategy for mining.

EQUITY ALERT: Rosen Law Firm Encourages Avaya Holdings Corp. Investors with Losses in Excess of $100K to Inquire About Class Action Investigation – AVYA, AVYAW

Retrieved on: 
Wednesday, August 10, 2022 - 4:25pm

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=8033 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company.

Aura Announces Second Quarter 2022 Financial and Operational Results and 2022 Guidance Update

Retrieved on: 
Wednesday, August 10, 2022 - 11:00am

ROAD TOWN, British Virgin Islands, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (Aura or the Company) announces that it has filed unaudited consolidated financial statements and management discussion and analysis (together, Financial and Operational Results) for the period ended June 30, 2022 (Q2 2022) and 2022 Guidance Update (Guidance).

Key Points: 
  • ROAD TOWN, British Virgin Islands, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (Aura or the Company) announces that it has filed unaudited consolidated financial statements and management discussion and analysis (together, Financial and Operational Results) for the period ended June 30, 2022 (Q2 2022) and 2022 Guidance Update (Guidance).
  • The full version of the Financial and Operational Results and the Guidance can be viewed on the Companys website at www.auraminerals.com or on SEDAR at www.sedar.com .
  • Consolidated quarterly production of 55,645 of gold equivalent ounces (GEO1) in Q2 2022 and 121,175 GEO for the first half of 2022.
  • In July 2022, Aura completed the sale of Gold Road Mine (see press release dated July 27, 2022) .

DGAP-News: Corestate with weaker business development in the first half of 2022 - non-recurring items weigh on results

Retrieved on: 
Tuesday, August 9, 2022 - 7:01am

August 2022 Corestate Capital Group (Corestate) reports results for the first half of 2022.

Key Points: 
  • August 2022 Corestate Capital Group (Corestate) reports results for the first half of 2022.
  • In the core business, Real Estate Equity and Real Estate Debt, the assets under management amount to 15.8 billion as of June 30, 2022 (2021: 17.2 billion).
  • On the income side, total revenue from continued operations declined in the first half of 2022 to 22.9 million (previous year: 98.3 million).
  • In the first half of 2022, EBITDA from continued operations amounted to -125.4 million, compared with 35.7 million in the previous year.

Call for Analytics and Digital Transformation Champions: FICO Decisions Awards Now Open

Retrieved on: 
Monday, August 8, 2022 - 4:15pm

Winning implementations will be featured in conference activities, and two representatives of each winning company will receive complimentary conference passes.

Key Points: 
  • Winning implementations will be featured in conference activities, and two representatives of each winning company will receive complimentary conference passes.
  • Our awards showcase the firms that have found better ways to deal with challenges and come out on top.
  • FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper.
  • Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions.

Black Diamond Reports Strong Second Quarter 2022 Results, With Core Rental Revenue Increasing 22% and Declares Third Quarter Dividend

Retrieved on: 
Thursday, August 4, 2022 - 11:00pm

Black Diamond is a specialty rentals and industrial services Company with two operating business units Modular Space Solutions (MSS) and Workforce Solutions (WFS).

Key Points: 
  • Black Diamond is a specialty rentals and industrial services Company with two operating business units Modular Space Solutions (MSS) and Workforce Solutions (WFS).
  • WFS owns a large rental fleet of modular accommodation assets of all types and sizes and a fleet of liquid and solid containment assets.
  • Black Diamond will hold a conference call and webcast tomorrow, August 5 2022, at 9:30 a.m. MT (11:30 a.m.
  • Annualized Adjusted EBITDA is calculated by multiplying Adjusted EBITDA for the Quarter and Comparative Quarter by an annualized multiplier.

Affinor Growers Announces Securities for Debt Transactions

Retrieved on: 
Tuesday, August 2, 2022 - 9:37pm

VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (Affinor or the Company) (CSE: AFI; OTCQB: RSSFF), a vertical farming technology and operations company with a commercial production facility in Abbotsford, BC, announces that it has entered into debt settlement agreements with certain creditors (the Creditors) to settle an aggregate of CAD$229,355 in debt (the Debt).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (Affinor or the Company) (CSE: AFI; OTCQB: RSSFF), a vertical farming technology and operations company with a commercial production facility in Abbotsford, BC, announces that it has entered into debt settlement agreements with certain creditors (the Creditors) to settle an aggregate of CAD$229,355 in debt (the Debt).
  • The issuance of Units to Mr. Brusatore and Pavenham officer constitute "related party transactions" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (MI 61-101).
  • The participation by the officer in the Debt Settlement was approved by directors of the Company who are independent in connection with such transactions.
  • All securities issued in connection with the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Northwestern Mutual: Should Student Loan Borrowers Also Get Life Insurance?

Retrieved on: 
Friday, July 29, 2022 - 2:00pm

It depends on a few factors, including whether the loan was federal or private, and whether the borrower had a co-signer.

Key Points: 
  • It depends on a few factors, including whether the loan was federal or private, and whether the borrower had a co-signer.
  • In this case, there is no need for any party involved to increase their life insurance coverage based on the loan.
  • Whether a borrower should take out life insurance or get additional coverage to potentially repay student loan debt depends on whether they had a co-signer, the type of loan, and what state they live in.
  • Borrowers and co-signers should look carefully at their loan terms and decide whether they need additional life insurance coverage.

Wintermar Offshore (WINS:JK) Reports 1H2022 Results

Retrieved on: 
Friday, July 29, 2022 - 8:00am

JAKARTA, July 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1H2022.

Key Points: 
  • JAKARTA, July 29, 2022 - (ACN Newswire) - Wintermar Offshore Marine (WINS:JK) has announced results for 1H2022.
  • Gross Profit from Owned Vessels for 1H2022 amounted to US0.2 million compared to a US$2.7 million in 1H2021.
  • For 1H2022, Chartering Revenue jumped 205% YOY to US$7.96 million compared to US$2.6 million in 1H2021, reflecting some contracts in Brunei.
  • At the Operating level, the Company recorded a loss of US$0.88 million for 1H2022, compared to US$0.7 million profit in 1H2021.

GOL Announces Investor Update

Retrieved on: 
Thursday, July 28, 2022 - 12:20pm

About GOL Linhas Areas Inteligentes S.A.

Key Points: 
  • About GOL Linhas Areas Inteligentes S.A.
    GOL is the largest airline in Brazil, leader in the corporate and leisure segments.
  • The Company's shares are traded on the NYSE (GOL) and the B3 (GOLL4).
  • None of GOL or any of its affiliates, officers, directors, employees and agents undertakes any duty or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.
  • Although GOL believes that the estimates and projections in these forward-looking statements are reasonable, they may prove materially incorrect and actual results may materially differ.