Project

EQS-News: Nordex Group increases consolidated sales in 2023 to EUR 6.5 billion and achieves positive operating result

Retrieved on: 
Wednesday, March 13, 2024

Group sales grew by 14 percent to EUR 6.5 billion (2022: EUR 5.7 billion).

Key Points: 
  • Group sales grew by 14 percent to EUR 6.5 billion (2022: EUR 5.7 billion).
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached the operating break-even point at EUR 2.0 million (2022: EUR -244.3 million).
  • The order backlog in the Service segment increased by 11.4 percent to EUR 3.6 billion (2022: EUR 3.3 billion) and in the Projects segment by 5.8 percent to EUR 6.9 billion (2022: EUR 6.5 billion).
  • For 2024, the Nordex Group expects consolidated sales of EUR 7.0 to 7.7 billion and an EBITDA margin of 2.0 to 4.0 percent.

Cosa Resources Announces Commencement of Diamond Drilling at the 100% Owned Ursa Uranium Project in the Athabasca Basin, Saskatchewan

Retrieved on: 
Monday, March 4, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that following completion of ground-based geophysical surveying, the Company has commenced diamond drilling at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that following completion of ground-based geophysical surveying, the Company has commenced diamond drilling at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan ("Ursa" or the "Property").
  • The additional funding will also allow us to expand summer drilling at Ursa where warranted.
  • Cosa's drilling strategy is to test for the presence of structure and hydrothermal alteration typical of the Athabasca Basin's high-grade unconformity-related uranium deposits.
  • Drilling will be proximal to EM conductors that may reflect structurally reactivated graphitic basement rocks typically associated with Athabasca uranium deposits.

T2 Metals Reports Exceptional 23.5 m at 6.8 g/t Gold Drill Intersection from the Sherridon VHMS Project, Manitoba

Retrieved on: 
Friday, March 1, 2024

Shallow High-Grade Intersections Include 23.5m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au (7.4% CuEq)

Key Points: 
  • The intersection lies only 20m below surface and includes some of the highest gold grades ever discovered at Sherridon.
  • The high gold and copper grades over a broad interval highlight the potential of VHMS style of mineralization in complexly folded host rocks.
  • Gold results in hole SHN23005 were re-checked with screen fire assay to overcome potential coarse gold analytical issues.
  • The most significant drill intersections of copper ("Cu"), zinc ("Zn"), gold ("Au"), and silver ("Ag") are provided below and in Table 2.

ALX Resources Corp. Announces Option Earn-In Transaction and 2024 Winter Drilling Program for the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

Retrieved on: 
Wednesday, February 28, 2024

"ALX is pleased to welcome Trinex as a new partner in our Athabasca Basin uranium exploration," said Warren Stanyer, CEO and Chairman of ALX.

Key Points: 
  • "ALX is pleased to welcome Trinex as a new partner in our Athabasca Basin uranium exploration," said Warren Stanyer, CEO and Chairman of ALX.
  • "We look forward to forging a strong relationship between the two companies and to achieving drilling success at Gibbons Creek."
  • ALX and Trinex expect to negotiate a more comprehensive definitive option earn-in agreement (the "Definitive Agreement"), which will set out the definitive terms and conditions of the Transaction.
  • Six (6) targets have been selected for drill testing in the 2024 winter program, totaling approximately 1,200 metres of drilling.

2x.Energy Create a New Blockchain Platform to Account for Blockchain Energy That People Exchange

Retrieved on: 
Monday, February 26, 2024

The initiator of the project, Yevhen Rudenko, announced this on his LinkedIn .

Key Points: 
  • The initiator of the project, Yevhen Rudenko, announced this on his LinkedIn .
  • 2x.Energy has already completed the design phase and the process of creation of technical documentation.
  • 2х.Energy initiator Yevhen Rudenko and the Project's team believe that this will be a revolutionary page in the development of DeFi and the entire blockchain industry.
  • 2x.Energy creators believe that the energy aimed at good deeds follows the universal law of energy return (Law of Compensation).

Tudor Gold Significantly Increases Ounces and Grade in an Updated Mineral Resource Estimate for the Goldstorm Deposit at Treaty Creek, British Columbia with an Indicated Mineral Resource of 27.87 Moz AuEQ at 1.19 g/t AuEQ

Retrieved on: 
Tuesday, February 20, 2024

The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit.

Key Points: 
  • The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit.
  • The NS-STK Domain was reinterpreted to be a NE-SW trending stockwork and is associated with the 300H Domain mineralization.
  • We not only pushed out the edges of the Deposit, but we also successfully increased the grade of the Inferred Mineral Resource.
  • Tudor Gold understands and acknowledges that the Nisga'a and Tahltan also assert interests in the Treaty Creek area.

Euro Manganese Advances to Next Stage of Debt Funding Process with the European Investment Bank

Retrieved on: 
Sunday, March 10, 2024

VANCOUVER, British Columbia, March 10, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company") today announced that its Chvaletice Manganese Project ("Chvaletice" or the "Project") is formally listed1 as under appraisal for debt financing with the European Investment Bank ("EIB").

Key Points: 
  • VANCOUVER, British Columbia, March 10, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company") today announced that its Chvaletice Manganese Project ("Chvaletice" or the "Project") is formally listed1 as under appraisal for debt financing with the European Investment Bank ("EIB").
  • Funding from the EIB would complement a broader funding package to support the development of the Company’s high-purity battery-grade manganese plant in the Czech Republic.
  • Chvaletice remains the only sizable proven and probable reserve of manganese in the European Union and through the Project, Euro Manganese will be uniquely positioned to provide a secure, traceable, and responsibly produced supply of high-purity manganese products to the European electric vehicle market.
  • With the European Bank of Reconstruction and Development (“EBRD”) already as a key shareholder, today’s announcement is another key step towards achieving project funding.

Allied Energy Corporation Signs Partnership Agreement on Green Lease Project

Retrieved on: 
Thursday, March 7, 2024

CARROLLTON, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) is delighted to announce the formalization of a Partnership Agreement with Petroloro LLC and ORO Energy LLC, collectively known as P&O Energy, to advance the Green Lease project.

Key Points: 
  • CARROLLTON, Texas, March 07, 2024 (GLOBE NEWSWIRE) -- Allied Energy Corporation (OTC: AGYP) is delighted to announce the formalization of a Partnership Agreement with Petroloro LLC and ORO Energy LLC, collectively known as P&O Energy, to advance the Green Lease project.
  • Under this Partnership Agreement, P&O Energy will undertake the operation of the Project by initiating a comprehensive workover program on the M1 and X3 Wells.
  • Additionally, the Partnership Agreement outlines the development of further Wells within the Project area.
  • The initial drilling location has been identified, and pending the successful acquisition of permits, Allied Energy will transfer the Project land to P&O Energy.

Greenridge Exploration Engages Dahrouge Consulting

Retrieved on: 
Wednesday, March 6, 2024

VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce that it has engaged Dahrouge Geological Consulting Ltd. (“Dahrouge”) to lead future exploration (including drilling) of the Company's Nut Lake Project (the “Project”), which is located in Nunavut, Canada.

Key Points: 
  • VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce that it has engaged Dahrouge Geological Consulting Ltd. (“Dahrouge”) to lead future exploration (including drilling) of the Company's Nut Lake Project (the “Project”), which is located in Nunavut, Canada.
  • Dahrouge is a North American mineral exploration, consulting, and project management group with offices in Edmonton and Montreal, Canada, and Denver, Colorado.
  • Jody Dahrouge, President of Dahrouge, expressed, "I look forward to partnering with the Greenridge team on the exploration of the Nut Lake Project, where we hope to continue our record of discovery.
  • Russell Starr, CEO of Greenridge, remarked, “I am confident that Dahrouge will be instrumental in maximizing the potential of the Nut Lake Project.

NeuroPace Announces Record Full Year 2023 Revenue of $65.4 Million

Retrieved on: 
Tuesday, March 5, 2024

MOUNTAIN VIEW, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- NeuroPace, Inc. (Nasdaq: NPCE), a medical device company focused on transforming the lives of people living with epilepsy, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Total revenue in the fourth quarter of 2023 grew 41% to $18.0 million, compared with $12.8 million in the fourth quarter of 2022, and increased 10% compared with $16.4 million in the third quarter of 2023.
  • R&D expense in the fourth quarter of 2023 was $5.4 million compared with $5.1 million in the same period of 2022.
  • SG&A expense in the fourth quarter of 2023 was $13.2 million compared with $13.6 million in the prior year period.
  • Loss from operations was $27.2 million in 2023, including $9.6 million of stock-based compensation, compared with $40.8 million in 2022.