AG

EQS-News: IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

Retrieved on: 
Wednesday, April 10, 2024

EUR 3.0 million

Key Points: 
  • EUR 3.0 million
    Important milestones achieved in the battery sector at the beginning of 2024: Cooperation with LANXESS and launch of the new product IBUvolt® LFP 402
    Weimar, March 21, 2024 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) publishes its audited key financial figures for the 2023 financial year in accordance with HGB accounting.
  • Accordingly, revenue in the most recently expected range was EUR 48.2 million, compared to EUR 53.9 million in the 2022 financial year (see ad hoc announcement dated December 21, 2023).
  • EBITDA amounted to around EUR 3.0 million, compared to EUR 6.7 million in the same period of the previous year.
  • Accordingly, the EBITDA margin is expected to be around 7% in the 2024 financial year.

EQS-News: Daldrup & Söhne AG welcomes BMWK and KfW initiative on insurance solutions for deep boreholes

Retrieved on: 
Wednesday, April 10, 2024

Oberhaching / Ascheberg, 25 March 2024 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, supports the initiative of the Federal Ministry of Economics and Technology (BMWK) and the KfW development bank to establish a state-supported insurance solution for the so-called exploration risk for deep geothermal wells.

Key Points: 
  • Oberhaching / Ascheberg, 25 March 2024 - Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal specialist, supports the initiative of the Federal Ministry of Economics and Technology (BMWK) and the KfW development bank to establish a state-supported insurance solution for the so-called exploration risk for deep geothermal wells.
  • KfW loans can already be applied for the realisation of deep geothermal projects, but the securing of the discovery has not yet been included.
  • Andreas Tönies, CEO of Daldrup & Söhne AG, welcomes the BMWK's plans to insure exploration risks: "A state-backed insurance solution will remove a major hurdle for municipal and private clients of deep geothermal projects.
  • Together with well-known partners in the insurance industry, Daldrup & Söhne AG has developed a concept to cover exploration risks during the construction of deep geothermal projects.

EQS-News: publity AG sells office property in Wilhelmshaven

Retrieved on: 
Wednesday, April 10, 2024

March 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has sold an office property in the port city of Wilhelmshaven.

Key Points: 
  • March 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has sold an office property in the port city of Wilhelmshaven.
  • The property has a total rental area of over 4,000 square meters and is let to the port operator JadeWeserPort.
  • The modern office building is in an attractive and central location at the port.
  • Frank Schneider, CEO of publity: "It is a positive signal to make a successful transaction in such a special location in this challenging market environment.

EQS-News: publity AG sells Sky headquarters near Munich

Retrieved on: 
Wednesday, April 10, 2024

Frankfurt am Main, March 27, 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has sold the main building of the media group Sky Deutschland in Unterföhring near Munich.

Key Points: 
  • Frankfurt am Main, March 27, 2024 – publity AG ("publity", ISIN DE0006972508) as asset manager has sold the main building of the media group Sky Deutschland in Unterföhring near Munich.
  • The property, which was built specifically for Sky Deutschland in 2010, is ESG-compliant and is heated with geothermal energy, among other things.
  • Frank Schneider, CEO of publity: "We are pleased to have sold such a flagship property in these challenging times.
  • As an asset manager, we have brought the Sky headquarters up to the most modern standards in recent years, taking current ESG standards into account.

Tudor Gold Announces Filing of NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Goldstorm Deposit at the Treaty Creek Project, British Columbia

Retrieved on: 
Monday, April 8, 2024

Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") pleased to announce the filing of the technical report (the "Report") for the updated Mineral Resource Estimate on the Goldstorm Deposit (the "MRE" or "2024 Treaty Creek MRE") at its flagship Treaty Creek Project (the "Project") located in the Golden Triangle region of British Columbia.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") pleased to announce the filing of the technical report (the "Report") for the updated Mineral Resource Estimate on the Goldstorm Deposit (the "MRE" or "2024 Treaty Creek MRE") at its flagship Treaty Creek Project (the "Project") located in the Golden Triangle region of British Columbia.
  • The Report is entitled "NI 43-101 Technical Report, Treaty Creek Project, British Columbia", with an effective date of April 5, 2024 and was prepared for Tudor Gold by Garth Kirkham Geosystems and JDS Energy & Mining Inc. ("JDS").
  • The Report is available under the Company's profile on SEDAR at www.sedar.com or from the Company's website at www.tudor-gold.com .
  • Table 1: Summary of Indicated and Inferred Mineral Resources as of February 20, 20241-6

Greenbriar Plans to Break Ground on Sage Ranch in April

Retrieved on: 
Tuesday, March 19, 2024

Scottsdale, Arizona--(Newsfile Corp. - March 18, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the schedule to break ground on Sage Ranch will be within the month of April, 2024.

Key Points: 
  • Scottsdale, Arizona--(Newsfile Corp. - March 18, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the schedule to break ground on Sage Ranch will be within the month of April, 2024.
  • The TCCWD stated during multiple settlement talks that their issue was what the city additionally permits after Sage Ranch.
  • In addition, the president of the TCCWD board tried to buy a portion of the original Sage Ranch from Greenbriar in 2017.
  • Greenbriar said no, and the current TCCWD president was denied owning a piece of Sage Ranch.

Fortuna reports strong gold equivalent production of 112,543 ounces in the first quarter of 2024

Retrieved on: 
Monday, April 8, 2024

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports strong gold and gold equivalent production for the first quarter of 2024 from its five operating mines in West Africa and Latin America.

Key Points: 
  • VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports strong gold and gold equivalent production for the first quarter of 2024 from its five operating mines in West Africa and Latin America.
  • Gold and silver production for the quarter was 89,678 ounces and 1.1 million ounces, respectively, or 112,543 gold equivalent ounces1, including lead and zinc by-products.
  • Fortuna reiterates its 2024 annual production guidance range of 343 to 385 thousand ounces of gold and 4.0 to 4.7 million ounces of silver or between 457 and 497 thousand ounces of gold equivalent ounces2, including lead and zinc by-products (refer to Fortuna news release dated January 18, 2024 ).
  • Gold equivalent production of 112,543 ounces; a 20 percent increase compared to Q1 2023 (94,110 oz Au Eq)4 and a 17 percent decrease compared to Q4 2023 (136,154 oz Au Eq)3.

Cerro de Pasco Resources Closes a Subscription Receipt and Private Placement for a total of $2,845,000

Retrieved on: 
Tuesday, April 2, 2024

MONTRÉAL, April 02, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Corporation”) is pleased to announce that further to its news release of March 22, 2024, it has closed a second tranche of its previously announced non-brokered private placement offering of subscription receipts to cover the fee payable in relation to the Legal Easement (the “Easement”). Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific bank account of Banco de la Nacion. The two-year Easement will provide CDPR with access to the surface areas corresponding to its El Metalurgista Concession and the Quiulacocha Tailings Project, enabling the Corporation to initiate its 40-hole drilling campaign.

Key Points: 
  • The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.
  • Under the second tranche, the Corporation has sold 10,150,000 subscription receipts of the Corporation (the “Subscription Receipts”) at a price of $0.10 per Subscription Receipt for aggregate gross proceeds of $1,015,000.
  • In total, the Corporation raised aggregate gross proceeds of $2,560,000 and issued 25,600,000 Subscription Receipts (the “Offering”).
  • Upon the satisfaction of the Release Conditions, 1) each Subscription Receipt will automatically be converted into a unit of the Corporation (“Unit”).

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

Retrieved on: 
Friday, March 29, 2024

MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").

Key Points: 
  • (All monetary references are expressed in Canadian dollars, unless otherwise indicated)
    MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").
  • 2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:
    $6.9 million in revenues ($31.6 million in 2023) and $6.4 million in cost of sales ($32.3 million in 2023) generated from operating activities in the fourth quarter.
  • After giving effect to the Financing, Osisko Development and O3 Mining hold approximately 47% and 12%, respectively, of the outstanding EEM shares.
  • Assay results for all remaining drill holes from the 2023 exploration program were released on February 22, 2024 (see Subsequent to Q4 2023).

AGCO Launches PTx, a Precision Ag Portfolio to Accelerate Technology Transformation

Retrieved on: 
Monday, April 8, 2024

DULUTH, Ga., April 8, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of PTx, a new brand representing its precision ag portfolio. PTx combines precision ag technologies from the cornerstones of AGCO's tech stack: Precision Planting and its newest joint venture (JV), PTx Trimble.

Key Points: 
  • DULUTH, Ga., April 8, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of PTx, a new brand representing its precision ag portfolio.
  • PTx combines precision ag technologies from the cornerstones of AGCO's tech stack: Precision Planting and its newest joint venture (JV), PTx Trimble.
  • Specialized precision ag dealers will help farmers retrofit almost any make or vintage of equipment they already own with the latest technologies.
  • "Through the PTx portfolio offerings within Precision Planting and PTx Trimble, we'll provide seamlessly compatible, powerfully simple precision ag solutions.