CMB

ATHA Energy to Acquire Latitude Uranium and 92 Energy to Create a Leading Canadian Uranium Exploration Company

Retrieved on: 
Thursday, December 7, 2023
Cloud, J4, Athabasca Basin, Marketing, SASK, Trout, Potential, Software, NexGen, News, Arrangement, Technical report, Mineral, Nature, Technical, Mineral Resources Limited, LUR, Multilateral, Combine, Geology, UTM, Uranium, Kivalliq Region, Lower, National instrument, Corporation, Person, FRA, CTH, ETF, M&A, Environment, CIM, ASX, Arrow, Moran Lake, Research, Fairness, Growth, Minority, Metal, Concurrency, Capital market, CMB, Uranium mining

Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).

Key Points: 
  • Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).
  • The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented: “We are very excited to be part of such a transformative transaction to create an unparalleled uranium exploration company focused on Canada's three major uranium districts.
  • The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."

FRO – Third Quarter and Nine Months 2023 Results

Retrieved on: 
Thursday, November 30, 2023
Shoulder, Acquisition, Sale, PLC, Euronav, Front line, CMB, FRONTLINE

FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023

Key Points: 
  • FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023
    Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the nine months ended September 30, 2023:
    Profit of $107.7 million, or $0.48 per basic and diluted share for the third quarter of 2023.
  • Adjusted profit of $80.8 million, or $0.36 per basic and diluted share for the third quarter of 2023.
  • Declared a cash dividend of $0.30 per share for the third quarter of 2023.
  • Reported revenues of $377.1 million for the third quarter of 2023.

FRO – Closing under the Share Purchase Agreement with CMB NV

Retrieved on: 
Wednesday, November 22, 2023
Acquisition, Sale, LLP, ECO, ASA, DNB ASA, USD, CMB

Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CMB NV (“CMB”) has been completed.

Key Points: 
  • Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CMB NV (“CMB”) has been completed.
  • In connection with the Acquisition, Frontline and Famatown Finance Limited (“Famatown”) had agreed to sell all their shares in Euronav (representing in aggregate 26.12% of Euronav’s issued shares) to CMB at a price of USD 18.43 per share (the “Share Sale”).
  • All conditions precedent to the Share Sale, including approval of the inter-conditionality of the Share Sale and the Acquisition by the Euronav shareholders meeting and anti-trust approvals, have been fulfilled.
  • The Share Sale successfully closed today and Frontline and Famatown are no longer shareholders in Euronav.

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.” and Intention to Convert into a Corporation Focuse

Retrieved on: 
Monday, November 13, 2023
Umbrella, Amore, Sale, Acquisition, Date, Jera, Master limited partnership, CPLP, Full City, Calendar, Oliver Cromwell, BGT, Total, General partner, CMB, Weather, Sullivan & Cromwell, Stroke, Prospectus, Partnership, Ammonia, Mio, Assos, Life, Tokyo Gas, Policy, CO2, General partnership, Committee, Security (finance), Airline, Natural gas, Shipbuilding, LNG, New energy, Hyundai, Apostolos

ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of the following 11 newbuild LNG carriers (“LNG/C”) from Capital Maritime for a total acquisition price of $3,130.0 million:

Key Points: 
  • The charterer has the option to extend the charter for 36 months (+30/-30 days).
  • (5)  In November 2022, the company owning the LNG/C Assos, entered into a time charter agreement with Tokyo Gas for 10 years (+30/-30 days).
  • Available days per vessel for LNG/Cs Assos and Apostolos are adjusted for one special survey per vessel.
  • The vessels will be purchased through the acquisition of 100% of the equity interests in the applicable vessel-owning company.

Capital Product Partners L.P. Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
Sale, ID, Webcast, Pressure, Acquisition, LNG, International, CMB, Depreciation, Calendar, Net, GAAP, Reinsurance, Beauty salon, Pharmaceutical industry, Video game, Cryptocurrency, Car rental, Drug, Partnership

Net income for the quarter ended September 30, 2023, was $17.0 million, compared with net income of $58.7 million for the third quarter of 2022.

Key Points: 
  • Net income for the quarter ended September 30, 2023, was $17.0 million, compared with net income of $58.7 million for the third quarter of 2022.
  • Total revenue for the quarter ended September 30, 2023, was $95.5 million, compared to $71.9 million during the third quarter of 2022.
  • Total expenses for the quarter ended September 30, 2023, were $51.0 million, compared to $40.4 million in the third quarter of 2022.
  • Total vessel operating expenses during the third quarter of 2023 amounted to $22.3 million, compared to $17.0 million during the third quarter of 2022.

Turkiye Garanti Bankasi A.S.: Announcement regarding borrowing instruments issuances limit

Retrieved on: 
Thursday, December 14, 2023
Legislation, Book, CMB, Record

It was announced in the weekly bulletin of the Capital Markets Board ("CMB") numbered 70/1551 that the above-mentioned application has been approved by the CMB.

Key Points: 
  • It was announced in the weekly bulletin of the Capital Markets Board ("CMB") numbered 70/1551 that the above-mentioned application has been approved by the CMB.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

Turkiye Garanti Bankasi A.S.: Announcement regarding our Bank’s Corporate Governance Compliance Rating

Retrieved on: 
Sunday, December 10, 2023
CMB, Policy, Stakeholder, Capital Markets Board of Turkey, Female, Audit

As a result of JCR Eurasia Rating’s assessment for 2023, our Bank’s Corporate Governance compliance score has remained as 9.81 (over 10) and the outlook has remained as Positive.

Key Points: 
  • As a result of JCR Eurasia Rating’s assessment for 2023, our Bank’s Corporate Governance compliance score has remained as 9.81 (over 10) and the outlook has remained as Positive.
  • The level of compliance attained in the previous year across the main sections of Shareholders, Public Disclosure & Transparency, Stakeholders and Board of Directors have been maintained.
  • The Bank's overall Corporate Governance Rating is determined, in compliance with the relevant regulations of the CMB, under the weighted four sub-sections.
  • Compliance levels in each of the four main sections with comparison to the previous year are as below.

Industry Icon Kraig Schwigen Joins American Lending Center to Guide Strategic Development

Retrieved on: 
Thursday, November 2, 2023
Finance, Law Enforcement, Emergency Services, Professional Services, Small Business, Public Policy, Government, Rock Island County, Illinois, Congress, Federal Bureau of Investigation, American Investment Council, Secret Service, Retirement, ALC, EB-5, CMB, Business, Video game

American Lending Center is pleased to announce that Kraig Schwigen has joined the firm as Vice President of Strategic Development.

Key Points: 
  • American Lending Center is pleased to announce that Kraig Schwigen has joined the firm as Vice President of Strategic Development.
  • “Kraig is one of the giants in our industry, especially when it comes to serving EB-5 investors,” said John Shen, president and CEO of American Lending Center (ALC).
  • We’re thrilled and blessed to have him join us.”
    From 1985 to 2008, Schwigen was a law enforcement officer with the Rock Island County, Illinois, Sheriff’s Department.
  • After his retirement from CMB, Schwigen and Steve Parnell launched American Investment Migration to create a platform for developers seeking EB-5 capital.

California Resources Corporation Reports Strong Third Quarter 2023 Financial Results, Announces 10% Increase in Quarterly Dividend and Meaningfully Advances its Carbon Management Business

Retrieved on: 
Wednesday, November 1, 2023
Alternative Energy, Energy, Utilities, Oil, Gas, Carbon, Line of credit, MTPA, 3Q, NYSE, Tax, Los Angeles Basin, CTV, CDMA, Corporation, Share repurchase, California Resources Corporation, Electricity, Maintenance, Transport, CRC, CO2, Petroleum & Resources Corporation, CMB, Natural gas, Renewable energy, Cryptocurrency

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today reported third quarter 2023 operational and financial results.

Key Points: 
  • California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today reported third quarter 2023 operational and financial results.
  • We see a number of new and exciting developments for CRC as we continue to build a different kind of energy company."
  • CRC expects its fourth quarter 2023 total capital to range between $70 to $76 million under current operating conditions.
  • During the fourth quarter of 2023, CRC expects to invest approximately $10 to $20 million for additional land easements to expand its carbon management business.

As Countdown for COP28 Gets Underway, Carbon Trading Goes Live in Abu Dhabi

Retrieved on: 
Thursday, October 26, 2023
Carbon, Abu Dhabi Global Market, Environmental finance, Mubadala Investment Company, ABU, Group Policy, Market development, Clearing, VCM, Environment, FAB, ACX, Classification, PJSC, First Abu Dhabi Bank, CMB, Climate change, Investment Exchanges and Clearing Houses Act 2006, Amusement park, Cryptocurrency, Renewable energy

ABU DHABI, UAE, Oct 26, 2023 - (ACN Newswire) - ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.

Key Points: 
  • ABU DHABI, UAE, Oct 26, 2023 - (ACN Newswire) - ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.
  • ACX established its regional base in ADGM in August 2021 with the support of Hub71, Abu Dhabi's global tech ecosystem.
  • The inaugural carbon credits trade on the fully regulated exchange was executed between First Abu Dhabi Bank (FAB) and specialist carbon trading company Helix Climate.
  • Sameh Al Qubaisi, Group Head of Global Markets at First Abu Dhabi Bank, said, "We are delighted to execute the first trade on ACX Abu Dhabi.