ORA

GWM Brand Strategy Unveiling in the Middle East at Riyadh Motor Show

Retrieved on: 
Thursday, December 14, 2023

RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- Great Wall Motor (GWM) made a resounding impact at the Riyadh Motor Show with the unveiling of its brand strategy in the Middle East.

Key Points: 
  • RIYADH, Saudi Arabia, Dec. 14, 2023 /PRNewswire/ -- Great Wall Motor (GWM) made a resounding impact at the Riyadh Motor Show with the unveiling of its brand strategy in the Middle East.
  • Echoing GWM vision, "GO LONG, GO GLOCAL," GWM presented a dazzling array of star new energy vehicle models from its HAVAL, TANK, ORA, and GWM Pickup badges.
  • During the GWM brand strategy unveiling, Mr. Parker Shi, Head of GWM International, meticulously outlined the company's unique approach to integrating globalization and localization, emphasizing a commitment to an internationalization process aimed at elevating global market competitiveness.
  • With an impressive 26-year history deeply embedded in the Middle East market, the unveiled strategy positions "ONE GWM" as a catalyst for extending the reach and focus of the GWM brand in the Middle East, promising a more unified and efficient brand image to offer consistent quality experience for consumers.

REI's Sid Agarwal Receives Prestigious FORUM IT100 Award

Retrieved on: 
Thursday, November 30, 2023

STERLING, Va., Nov. 30, 2023 /PRNewswire/ -- REI Systems Vice President of Health Systems Sid Agarwal has been honored with a FORUM IT100 Award, recognizing his ongoing efforts to advance progress, influence positive outcomes, and contribute to the public sector health community.

Key Points: 
  • STERLING, Va., Nov. 30, 2023 /PRNewswire/ -- REI Systems Vice President of Health Systems Sid Agarwal has been honored with a FORUM IT100 Award, recognizing his ongoing efforts to advance progress, influence positive outcomes, and contribute to the public sector health community.
  • The FORUM IT100 Award is given to those recognized by their peers for their exemplary role in driving change, challenging the status quo, and actively contributing to community betterment.
  • During the COVID-19 pandemic, Sid and his team collaborated with HRSA to rapidly develop a feature within its grants management systems .
  • "I am deeply honored to receive the FORUM IT100 Award," Sid said.

Elevate, Inaugural Conference for Executives in Multifamily Industry, Boasts Top Names in Residential Development Behind Most Talked-About Projects

Retrieved on: 
Wednesday, November 15, 2023

MIAMI BEACH, Fla., Nov. 15, 2023 /PRNewswire-PRWeb/ -- Granular insights, analytics and intelligence on today's high-rise consumer come together next month at Elevate, an inaugural conference by Zonda, the leaders in housing market solutions. The top minds in real estate will be on hand to explore key differences among major markets for luxury high-rise including development, design, branding, and capital raising.

Key Points: 
  • The top minds in real estate will be on hand to explore key differences among major markets for luxury high-rise including development, design, branding, and capital raising.
  • There's never been a better forum to hear from developers who are actually constructing the tallest residential buildings in the country."
  • - Jeff Meyers, CEO, Zonda
    The three-day conference, hosted at the Fontainebleau Miami from December 4-6, 2023, is jam-packed with top brass from development, architecture, marketing, sales and finance.
  • The event is a co-production of Zonda along with ARCHITECT Magazine, Multifamily Executive Magazine and Livabl, sponsored by FirstService Residential, among others.

Aura Minerals Announces Strategic Investment and Filing of Early Warning Report Regarding Altamira Gold Corp.

Retrieved on: 
Tuesday, November 7, 2023

Each Unit consists of one common share (each, a “Share”) and one common share purchase warrant (each, a “Warrant”) of the Issuer.

Key Points: 
  • Each Unit consists of one common share (each, a “Share”) and one common share purchase warrant (each, a “Warrant”) of the Issuer.
  • Prior to entering into the Subscription Agreement, Aura did not own, directly or indirectly, any securities of the Issuer.
  • Aura is acquiring the Units for investment purposes given the exploration potential of Altamira.
  • A copy of the Early Warning Report will be filed with the Issuer’s documents on the SEDAR+ website at www.sedarplus.com .

Aura Announces Q3 2023 Financial and Operational Results and Guidance Update

Retrieved on: 
Tuesday, November 7, 2023

ROAD TOWN, British Virgin Islands, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended September 30, 2023 (“Q3 2023”).

Key Points: 
  • ROAD TOWN, British Virgin Islands, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended September 30, 2023 (“Q3 2023”).
  • The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR at www.sedar.com .
  • These efforts have solidified our strategy to reach an annualized production rate of 450,000 GEO by 2025.”
    Q3 2023 Financial and Operational Highlights:
    Production reached 64,875 GEO in Q3 2023, an increase of 34% compared to Q2 2023 and 12% compared to Q3 2022.
  • Adjusted EBITDA was $30,020 in Q3 2023, an improvement of 13% compared to $26,596 in Q2 2023, as a result of higher production and sales volumes.

Ormat to Acquire Contracted Operating Geothermal and Solar Assets in Nevada, Utah, and Connecticut for $271 Million

Retrieved on: 
Monday, October 23, 2023

The acquisition of these US-based operating geothermal and solar assets supports Ormat’s strategic portfolio expansion goals.

Key Points: 
  • The acquisition of these US-based operating geothermal and solar assets supports Ormat’s strategic portfolio expansion goals.
  • The acquisition is expected to close by the first quarter of 2024, subject to regulatory approvals and customary closing conditions.
  • Salt Wells geothermal power plant – located in Churchill County, Nevada, this geothermal binary power plant has a long-term PPA with NV Energy.
  • These acquired assets have collectively generated an annual revenue of approximately $35.0 million and an EBITDA1 of approximately $24.0 million for the years 2020-2022.

Aura Implements Gold Hedging Program for the Borborema Project and Secures more than US$14 million Towards the Project Construction

Retrieved on: 
Wednesday, October 18, 2023

Highlights of the Hedging Program:

Key Points: 
  • Highlights of the Hedging Program:
    Aura has hedged about 215,000 ounces of gold between July 2025 to June 2028 (the “Period”) using gold-collars established with several financial institutions.
  • Aura sold call options that will expire monthly over the Period at a strike price of US$2,400 per ounce, ensuring upside exposure to the gold price.
  • Aura has received or will receive premium payments from the counterparties, totaling approximately US$ 14.5 million.
  • The premium payments of US$ 14.5 million will supplement the US$100 million, already secured through a term loan established with Banco Santander Brazil, to partially fund the construction of the Borborema Project.

Ormat Releases 2022 Sustainability Report

Retrieved on: 
Thursday, October 12, 2023

RENO, Nev., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today released the Company’s annual Sustainability Report, providing an overview of the Company’s environmental, social and governance (ESG) performance in 2022.

Key Points: 
  • RENO, Nev., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today released the Company’s annual Sustainability Report, providing an overview of the Company’s environmental, social and governance (ESG) performance in 2022.
  • The 2022 Sustainability report has been updated and structured to enhance the clarity of Ormat’s ESG-related activities.
  • Doron Blachar, CEO of Ormat Technologies, stated, “As a global renewable energy company, and a leader in the geothermal technology space, sustainability has always been a focus at Ormat and we play an important role in the global fight against climate change.
  • Our Sustainability report highlights the progress we’ve made in developing more sustainable practices globally, and it also showcases how we operate the business in an ethical and inclusive manner.

Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 10, 2023

RENO, Nev., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter 2023 financial results in a press release that will be issued on Wednesday, November 08, 2023, after the market closes.

Key Points: 
  • RENO, Nev., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter 2023 financial results in a press release that will be issued on Wednesday, November 08, 2023, after the market closes.
  • In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m.
  • Participants within the United States and Canada, please dial 1-888-770-2286, approximately 15 minutes prior to the scheduled start of the call.
  • The conference call will also be accompanied by a webcast live on the Investor Relations section of the Company's website.

Aura Announces Third Quarter 2023 Production Results with 34% Increase

Retrieved on: 
Tuesday, October 10, 2023

Total production in GEO increased by 34% in Q3 2023 compared to Q2 2023, due to the commencement of commercial production in Almas mine, higher production at the Aranzazu, San Andres and EPP mines.

Key Points: 
  • Total production in GEO increased by 34% in Q3 2023 compared to Q2 2023, due to the commencement of commercial production in Almas mine, higher production at the Aranzazu, San Andres and EPP mines.
  • At EPP, production was 11,185 GEO, 62% higher in Q3 2023 than in Q2 2023.
  • At San Andres, production was 17,543 GEO for the quarter, representing a 7% increase compared to the previous quarter.
  • Almas commenced commercial production this quarter, and the results have exceeded market benchmarks.