Novo | Jotup

Ashland reports financial results1 for first quarter of fiscal year 2023 consistent with previous update

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星期二, 一月 31, 2023

Ongoing free cash flow2 totaled negative $21 million compared to $26 million in the prior-year quarter.

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Ongoing free cash flow2 totaled negative $21 million compared to $26 million in the prior-year quarter.
“Results in the December quarter were consistent with earnings update we issued last week on January 25,” said Guillermo Novo, chair and chief executive officer, Ashland.
“We are operating in a dynamic and uncertain world, and results in the December quarter are evidence of these facts.
Despite these headwinds, we expect demand trends to stabilize, and we are taking actions to offset incremental costs incurred during the quarter.

Ashland provides update on fiscal 2023 first-quarter earnings and maintains its financial outlook for fiscal year 2023; sets date for fiscal 2023 first-quarter earnings release

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星期三, 一月 25, 2023

WILMINGTON, Del., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 first-quarter financial results1 and maintained its outlook for fiscal year 2023 results.

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WILMINGTON, Del., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 first-quarter financial results1 and maintained its outlook for fiscal year 2023 results.
Additional information regarding first-quarter fiscal 2023 earnings and full-year outlook will be shared during a conference call webcast with securities analysts on Wednesday, February 1, 2023.
Ashland expects income from continuing operations during the first fiscal quarter of approximately $42 million, or approximately $0.76 per diluted share.
Adjusted earnings from continuing operations excluding intangibles amortization are expected to be approximately $54 million, or $0.97 per diluted share.

SP Manufacturing Receives Investment from Novo Tellus

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星期四, 一月 19, 2023

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SINGAPORE, Jan. 19, 2023 /PRNewswire/ -- Novo Tellus , a leading private equity fund focused on building industrial and technology companies, has completed an investment in SP Manufacturing ("SP" or the "Company").

Key Points:

SINGAPORE, Jan. 19, 2023 /PRNewswire/ -- Novo Tellus , a leading private equity fund focused on building industrial and technology companies, has completed an investment in SP Manufacturing ("SP" or the "Company").
Headquartered in Singapore, SP Manufacturing is an Electronics Manufacturing Services provider for total manufacturing solutions from design concepts to full production.
"We're indeed very pleased to partner with Novo Tellus to build the future of SP", noted Philip Ong, CEO of SP.
To discover how SP Manufacturing can advance your mission critical electronics production and engineering, visit sp-manufacturing.com or contact SP directly below:

Novo Integrated Sciences Provides Update on Certain Current Actions and Events

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星期二, 一月 17, 2023

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Novo Integrated Sciences, Inc. (NASDAQ: NVOS) (the “Company” or “Novo”), today provides an update with respect to certain actions and events, as follows:

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Novo Integrated Sciences, Inc. (NASDAQ: NVOS) (the “Company” or “Novo”), today provides an update with respect to certain actions and events, as follows:
As previously reported, on December 23, 2022, Novo entered into a Share Purchase Agreement (the “SWAG Agreement”) with SwagCheck Inc. (“SWAG”) and the shareholders of SWAG, pursuant to which Novo agreed to purchase 100% of SWAG’s outstanding shares.
Pursuant to the terms of the SWAG Agreement, as amended, the SWAG Agreement was to close no later than January 10, 2023.
Between January 5, 2023 and January 16, 2023, the Company issued 2,469,348 common shares to certain warrant holders upon exercise of their warrants.
Between January 5, 2023 and January 16, 2023, the Company issued 17,277,700 common shares to certain note holders upon conversion of their notes.

Novo Files Beatons Creek Technical Report

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星期五, 十二月 16, 2022

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VANCOUVER, British Columbia, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has filed a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) related to its recent news release1 for its Beatons Creek gold project, Western Australia.

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VANCOUVER, British Columbia, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has filed a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) related to its recent news release1 for its Beatons Creek gold project, Western Australia.
The technical report, entitled “NI 43-101: Mineral Resource Update, Beatons Creek Gold Project, Nullagine, Western Australia” (the “Technical Report”), with an effective date of June 30, 2022 and an issue date of December 16, 2022, was prepared for Novo by Dr. Simon Dominy (FAusIMM(CP) FAIG(RPGeo) FGS(CGeol)), Ms. Janice Graham (MAIG), Mr. Jeremy Ison (FAusIMM), and Mr. Royce McAuslane (FAusIMM) (collectively, the “QP’s”).
Novo explores and develops its prospective land package covering approximately 10,500 square kilometres in the Pilbara region of Western Australia, including the Beatons Creek gold project, along with two joint ventures in the Bendigo region of Victoria, Australia.
In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its stakeholders.

Significant Results From Malmsbury Victorian Projects Exploration Update

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星期五, 十一月 18, 2022

VANCOUVER, British Columbia, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide an exploration update from the 50%-owned Malmsbury Project (RL006587) and adjacent 50%-owned Queens Project (EL007112), located approximately 50 km SSW of the high-grade Fosterville mine in Victoria, Australia (Figure 1). The Malmsbury Project is a joint venture with ASX-listed GBM Resources Ltd. (ASX:GBZ) (“GBM”) and the Queens Project is a joint venture with ASX-listed Kalamazoo Resources Ltd. (ASX:KZR) (“Kalamazoo”).

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This interval potentially represents intersection of the OConnors reef as a discrete As-rich and gold anomalous structure.
Figure 3, Cross Section depicting geology and significant Au intersection in MD21.
Assays across the mineralized porphyritic intrusive interval returned 45 m at 0.23 g/t Au and include the upper contact zone.
The intrusive remains open and untested at depth and gives further validation for an intrusion hosted and/or IRG system at the Malmsbury Project.

Novo Releases Inaugural Sustainability Statement

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星期三, 十一月 16, 2022

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VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has published its inaugural sustainability statement (the Statement) for the 12-month period ended June 30, 2022.

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VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has published its inaugural sustainability statement (the Statement) for the 12-month period ended June 30, 2022.
Novo invites all of its stakeholders to read the Statement and watch the accompanying introductory video from the Novo team ( available here ), in which the Company outlines its approach to sustainability and its foundation built on key pillars that integrate all aspects of Novos operations.
In addition to the Companys primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders.
If Novo updates any forward-looking statement(s), no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements.

MILK PARTNERS WITH PANDA GLOBAL AS THE OFFICIAL PERFORMANCE DRINK OF THE PANDA CUP FINALE

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星期五, 十一月 11, 2022

As the official performance drink of the Panda Cup Finale featuring Super Smash Bros., Milk will have a large presence at the circuit's inaugural championship event from December 16-18 at the Los Angeles Convention Center and the Novo Theatre at LA Live.

Key Points:

As the official performance drink of the Panda Cup Finale featuring Super Smash Bros., Milk will have a large presence at the circuit's inaugural championship event from December 16-18 at the Los Angeles Convention Center and the Novo Theatre at LA Live.
MilkPEP is excited to debut their new title as the presenting sponsor of the 2022 Panda Cup Finale - the culmination of the Panda Cup Series where the top players in Super Smash Bros. Melee and Super Smash Bros.
With 13 essential nutrients in one 8 oz glass including high-quality protein, real dairy milk (or chocolate milk!)
As the presenting sponsor of the 2022 Panda Cup FInale, Milk will be announcing additional details around their partnership and activations in the coming weeks.

Ashland reports financial results(1) for fourth-fiscal quarter; issues outlook for fiscal year 2023

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星期一, 十一月 7, 2022

WILMINGTON, Del., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the fourth quarter of fiscal year 2022, which ended September 30, 2022, together with its fiscal year 2022 results summary and fiscal year 2023 outlook. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

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Earlier in fiscal year 2022, Ashlands Board of Directors approved a new $500 million evergreen share repurchase authorization.
The September quarter concludes a very strong year for Ashland, said Guillermo Novo, chair and chief executive officer, Ashland.
Further, Ashland believes that providing supplemental information that excludes the financial effects of these items in the financial results will enhance the investors ability to compare financial performance between reporting periods.
Ashland believes its expectations and assumptions are reasonable, but there can be no assurance that the expectations reflected herein will be achieved.

Top US MEMS Semiconductor Foundry Raises $30m Series C Financing

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星期二, 十一月 8, 2022

SANTA BARBARA, Calif., Nov. 8, 2022 /PRNewswire-PRWeb/ -- Atomica Corp, a leader of micro electro-mechanical systems (MEMS), today announced a $30 million Series C financing. The round was funded by Cerium Technology Ventures, Novo Tellus Capital Partners, and St. Cloud Capital. The new financing allows Atomica to expand its foundry capabilities, advance MEMS technologies, and support domestic production of biochips, sensors, and photonic circuits.

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Cloud Capital
SANTA BARBARA, Calif., Nov. 8, 2022 /PRNewswire-PRWeb/ -- Atomica Corp , a leader of micro electro-mechanical systems (MEMS), today announced a $30 million Series C financing.
The new financing allows Atomica to expand its foundry capabilities, advance MEMS technologies, and support domestic production of biochips, sensors, and photonic circuits.
Atomica is the leading US MEMS foundry, partnering with innovative system-vendors and fabless device firms globally to bring new technologies to life.
These investments aid our efforts to grow and protect domestic U.S. manufacturing of MEMS and related semiconductor technologies."