company news

Green Transition Holding AS: Private Placement successfully placed.

Company news

2023-09-22 16:15:03

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Oslo – September 22, 2023 - Green Transition Holding AS (“GTH” or the “Company”) is pleased to announce that a private placement has been successfully placed through an allocation of 500,000 of new shares in the Company (the “Offer Shares”) at a subscription price of NOK 38 per Offer Share.

Furthermore, with relation to the Company’s management program a group employee has purchased 25,000 new shares in the company.

Following registration of the share capital increase pertaining to the private placements with the Norwegian Register of Business Enterprises, the Company will have a registered share capital of NOK 159,556.18 divided into 15,955,618 shares, each with a nominal value of NOK 0,01. The market capitalization of GTH following the Private Placement will be approximately NOK 606,3 million at the subscription price.

END

For further information, please contact:

Paal Skoe, CEO of GTH, tel: +47 971 33 431


About Green Transition Holding

GTH address the increasing demand for sustainable waste infrastructure and low carbon energy globally. We develop, invest in, and build out proven technology and solutions to support the energy transition, specializing in Energy-from-Waste, Bio Energy District Heating and Carbon Capture and Storage (CCS). Within our Group Companies and management team we have more than 30 years of industrial experience and knowhow, this is our license to operate and key enabler.



Important information:

This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Any offering of the securities referred to in this announcement will be made by means of a set of subscription materials provided to potential investors. Investors should not subscribe for any securities referred to in this announcement except on the basis of information contained in the aforementioned subscription material.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.

In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression "Prospectus Regulation" means Regulation (EU) 2017/1129 as amended (together with any applicable implementing measures in any Member State).

This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believe that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond their control. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in public sector investment levels, changes in the general economic, political and market conditions in the markets in which the Company operates, the Company's ability to attract, retain and motivate qualified personnel, changes in the Company's ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies, and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not make any guarantee that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this announcement.

The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement.

The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

HITV - Halvårsrapport 1H 2023

Company news

2023-09-21 14:49:33

HitecVision konsernets driftsinntekter for første halvår 2023 var NOK 323 millioner med et resultat før skatt på NOK 154 millioner.

Halvårsrapport er vedlagt.

MENTOR: Melding om aksjehandel

Company news

2023-09-21 08:26:40

Hulda Tronstad har onsdag den 20. september 2023 kjøpt 500 aksjer i Mentor Medier AS for 30.5,- pr. stk.

Etter transaksjonen eier Hulda Tronstad 28.410 aksjer i Mentor Medier AS. Dette utgjør 0,523 % av aksjekapitalen.

Hulda Tronstad er fast møtende varamedlem til styret i Mentor Medier AS.

MENTOR: Melding om aksjehandel

Company news

2023-09-20 08:35:12

Hulda Tronstad har onsdag den 20. september 2023 kjøpt 10 aksjer i Mentor Medier AS for 30.5,- pr. stk.

Etter transaksjonen eier Hulda Tronstad 27.910 aksjer i Mentor Medier AS. Dette utgjør 0,5134 % av aksjekapitalen.

Hulda Tronstad er fast møtende varamedlem til styret i Mentor Medier AS.

INDEPENDENT OIL & RESOURCES PLC - IOTA

Company news

2023-09-19 14:53:32

INDEPENDENT OIL & RESOURCES PLC - IOTA

AMENDMENT OF MATURITY DATE FOR STOCK OPTIONS IN PETROLIA NOCO AS

Reference is made to stock notice dated 9.12.2022 re invitation to subscribe for stock options in Petrolia NOCO AS.

The stock option agreement was closely linked to the drilling programme of Petrolia NOCO AS for 2023. This programme has been moved into 2024.

The Board of Directors has therefore decided to amend the maturity date for the stock options to December 20, 2024.

CondAlign Q2 2023 Financial and operational update

Company news

2023-09-14 10:57:12

Please find the Q2 2023 Financial and operational update attached. The update can also be found on the investor section on our web page.

Operational update:


Progress on E-Align100 and E-Align25

E-Align100 was successfully launched at the end of June with characterization completed showing very good performance with low variation for key parameters which should imply a good yield as well. Next up will be to focus on developing E-Align25 as a commercial product as well as continued testing of bonding to aluminium, initially aiming for RFID applications. Initial work will also start on E-Align8, aimed at micro-LED application for a global lamp producer.


Contract Manufacturing Organization (CMO) Negotiations

CondAlign is in active negotiations with CMO’s to secure volume production for delivery of E-Align to the market in 2024. The CMO evaluation is completed with all candidates being capable and interested in producing E-Align on behalf of CondAlign. The final selection, which is expected in the coming period, will likely be driven by commercial terms.


Expanding Customer Base and Sales Efforts

CondAlign has witnessed increased interest, especially from the US and Asia, resulting in two Q2 purchase orders for our E-Align100 product. As we prioritize sales conversions and broadening our customer reach, our sales infrastructure was enhanced in Q2 with a new VP of Sales & Business Development. Feedback for E-Align is consistently positive, often surpassing competitors. Our streamlined sales process has accelerated client engagement, and word-of-mouth referrals are boosting our visibility. As we fortify our global presence, we're eyeing the establishment of a broader network of sales representatives.


Organization Growth and Development

Our organizational evolution is progressing according to plan, and we are elated with our capability to attract top-tier talent, underscoring the inherent potential and merit of CondAlign and our groundbreaking technology. The recent integration of a Senior Engineer and a VP Sales & Business Development has added capacity within both R&D and sales. This growth trajectory has also seen the addition of a permanent CFO and a new office manager. Our technology unit will be further enriched with the inclusion of three PhDs during Q3, and our production arm has welcomed a QC engineer.


Collaboration with Saint-Gobain on Thermal Interface Materials

CondAlign and Saint-Gobain are progressing well in our joint development of thermal interface materials for EV batteries and electronics applications. Work package III is expected to be successfully completed this fall, laying the groundwork for future commercial discussions.


Financial update:

The accounts for Q2 2023 show a negative net profit of NOK 6.3m, compared to negative net profit of NOK 4.0m in Q2 2022. Capitalized internal costs were NOK 3.2m in Q2 2023, up from NOK 2.9m in the same period in 2023, due to the Innovation Norway EL-Tape project.

The Company has a cash position of NOK 13.8m as of Q1 2023. The Company has an undrawn credit facility of NOK 5.0m. Total liabilities at the end of the period equal NOK 25.2m, including accrued interest and leasing obligations.

The total equity is NOK 16.2m, with an equity ratio of 39%.


For more information, please contact:
Håvard Lien-Kvareng, CFO
hlk@condalign.no
+47 996 41 809

About CondAlign:
CondAlign is a Norwegian technology company developing and supplying conductive films for connecting electronics and transferring heat. CondAlign’s products address existing and new markets within electronics and e-mobility. The patented technology enables development of new break-through consumer products as well as industrial applications, providing improved performance, sustainability and cost savings.
CondAlign is based in Oslo, Norway with a global customer footprint.

MENTOR: Melding om aksjehandel

Company news

2023-09-14 08:07:29

Hulda Tronstad har onsdag den 13. september 2023 kjøpt 50 aksjer i Mentor Medier AS for 30,- pr. stk.

Etter transaksjonen eier Hulda Tronstad 27.900 aksjer i Mentor Medier AS. Dette utgjør 0,5133 % av aksjekapitalen.

Hulda Tronstad er fast møtende varamedlem til styret i Mentor Medier AS.

Dwellop AS: Notice of extraordinary general meeting

Company news

2023-09-11 16:02:31

Tananger, 11 September 2023: The shareholders of Dwellop AS are hereby called to an extraordinary general meeting to be held on Tuesday, 26 September 2023 at 10:00 (CET). The Board of Directors has resolved that the Extraordinary General Meeting will be held as a digital meeting in accordance with section 5-8 of the Norwegian Private Limited Liability Company's Act (the "NPLCA"). For further details, please refer to the notice of the extraordinary general meeting, including attendance- and proxy form, is attached to this notice.

* * *

For further information, please contact:
Helge Hustoft, Chief Executive Officer
Phone: +47 51 57 29 12
Mobile: +47 91 57 58 76
E-mail: helge.hustoft@dwellop.no
This information is published in accordance with the disclosure requirements set out in the Continuing Obligations for companies with shares registered on the NOTC-List.

CrayoNano AS and DUVROO Inc. Signs Commercial Frame Contract for sales of CrayoLED™ UV-C LEDs for use in Republic of Korea

Company news

2023-09-08 12:11:19

Trondheim, Norway / Chuncheon, South Korea—8 Sept 2023—CrayoNano is pleased to announce the signing of a commercial frame-contract between CrayoNano and DUVROO Inc., for sales of UV-C LED components valued at about 2 million NOK over the next 12 months.

DUVROO Inc. is an emerging South Korean supplier of medical devices, in beauty and health technology as well as food and agriculture. DUVROO Inc has designed-in the CrayoLED™ UV-C LED for medical and healthcare applications. The frame contract offers additional opportunities to increase the value beyond the minimum amount.

"We are very excited for this great opportunity to partner with DUVROO, an emerging and innovative Korean company. With a solid foundation in medical and industrial expertise, we look forward to advancing UV-C LEDs in new applications within everyday life, " said Jo Uthus, CEO of CrayoNano.

“DUVROO is poised to revolutionize the healthcare, medical, and food-agriculture technology landscape. After conducting extensive research to identify the ideal partner, we are thrilled to announce our collaboration with CrayoNano. Together, we aim to introduce innovative products and unlock novel applications in this field,” said Evelyn Choi, CEO of DUVROO.

Media Relations, CrayoNano AS
Camly Doan, Head of Marketing
marketing@crayonano.com

Media Relations, DUVROO Inc
Evelyn Choi, CEO of DUVROO
duvroo.korea@gmail.com


About CrayoNano:

CrayoNano develops and manufactures nanomaterials-based semiconductor components using proprietary technologies. Headquartered in Trondheim, Norway with a branch office in Taiwan, CrayoNano supports our customers with global sales representatives and distributors in EMEA, APAC and Americas. CrayoNano’s innovative semiconductor components advance global solutions in health and safety, water purification, consumer, and industrial applications, and more. CrayoNano is registered on Euronext OTC in Norway under the ticker “CNANO”.
www.crayonano.com

About DUVROO Inc.

DUVROO Inc., headquartered in Chuncheon, South Korea, is a convergent photonics company at the forefront of pioneering eco-friendly solutions to enhance efficiency across diverse industries. Operating from the specialized regulatory-free zone (G-Free Zone) in Chuncheon, DUVROO is committed to promoting sustainable progress in photo-optical applications, extending its impact beyond traditional sectors like Health and Beauty, UV coating, and Food and Agriculture. Under the leadership of a young female entrepreneur with expertise in biomedical engineering, and supported by a team of seasoned professionals with extensive experience in the MedTech industry, DUVROO not only develops in-house products but also forges partnerships across various industries to provide advanced solutions.


Disclaimer:
This press release has been produced by CrayoNano AS (the “Company” or “CrayoNano”). The information contained herein may be forward-looking statements, inaccurate, or contain errors. Thus, CrayoNano makes no representation or warranty, express or implied, as to the accuracy, correctness, completeness, or updated status of the information provided. No reliance should be placed on the information, projections, estimates, targets, opinions, and so forth contained herein. Should the user place any such reliance on this press release, then any use or reliance upon such information is at the sole risk and responsibility of the user. Therefore, in no case whatsoever will CrayoNano and/or its affiliates accept liability for any such use or reliance. The content herein is not meant or expected to be, relied upon as an investment, financial, legal, or any other advice. Each user should obtain independent advice concerning the information provided herein. CrayoNano assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law. CrayoNano cannot ensure that any press release you download from the website will be free of viruses or other contamination or destructive features.

ETMAN, Q2-2023

Company news

2023-09-07 21:39:15

For nærmere informasjon kontakt CEO Jan Tore Skårland, jan.tore.skarland@etman.no
Tlf. +47 951 30 596


For further information, please contact CEO Jan Tore Skårland, jan.tore.skarland@etman.no
Tlf. +47 951 30 596

Goodbulk Ltd. (N-OTC: BULK) Announces A $3.01 Per Share Shareholder Distribution And The Closure Of The Company’s First Investment Cycle As Well As 2nd Quarter 2023 Financial Results

Company news

2023-09-07 17:18:57

Hamilton, Bermuda – (7 September 2023) – GoodBulk Ltd. (“GoodBulk” or the “Company”) (N-OTC: BULK), a leading owner and operator of dry bulk vessels, today announces the culmination of its first investment cycle following the disposal of all its remaining vessels and a distribution of $3.01 per share which will be the 22nd to be given to investors. GoodBulk also announces its financial results for the second quarter 2023.



For further information, please contact:
John Michael Radziwill
CEO and Chairman
GoodBulk Ltd.
Tel +377 97 98 59 87
Email: jmradziwill@goodbulk.com

Aprila Bank ASA: Minutes of the extraordinary general meeting

Company news

2023-09-06 21:49:38

An extraordinary general meeting in Aprila Bank ASA was held on 6 September 2023 at 12.00 CEST. All the proposed resolutions were passed unanimously.

The notice and the minutes from the meeting are available on the Company’s website: https://www.aprila.no/investor-relations.

Contact person at Aprila Bank ASA:
Helge Benum, CRO
+47 911 02 637
helge.benum@aprila.no

Endring av aksje: Mentor Medier AS (MENTOR)

Corporate actions

2023-09-06 11:37:50

Det er foretatt endringer i Mentor Medier AS (ISIN:NO0010893019, ticker MENTOR). Aksjebeholdningen er redusert fra 5 758 140 til 5 435 779.

CASTOR : Castor Maritime Inc. Announces Results of its 2023 Annual General Meeting of Shareholders

Company news

2023-09-05 16:58:51

Castor Maritime Inc. Announces Results of its 2023 Annual General Meeting of Shareholders

Limassol, Cyprus, September 5, 2023 – Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announced today that the Company’s 2023 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 1, 2023, at 6:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.

At the Meeting, the following proposals were approved and adopted:

1. The re-election of Mr. Petros Panagiotidis to serve as the Company’s Class C Director until the 2026 Annual General Meeting of Shareholders;

2. The appointment of Deloitte Certified Public Accountants S.A., as the Company’s independent auditors for the fiscal year of 2023; and

3. One or more amendments to the Company’s Articles of Incorporation to effect one or more reverse stock splits of the Company’s issued common shares, at a ratio of not less than one-for-two and not more than one-for-100 and in the aggregate at a ratio of not more than one-for-100, inclusive.


About Castor Maritime Inc.

Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

Castor owns a fleet of 20 vessels, with an aggregate capacity of 1.6 million dwt, currently consisting of 1 Capesize, 6 Kamsarmax, 11 Panamax dry bulk vessels and 2 2,700 TEU containership vessels.

For more information please visit the Company’s website at www.castormaritime.com. Information on our website does not constitute a part of this press release.


CONTACT DETAILS

For further information please contact:

Petros Panagiotidis
Castor Maritime Inc.
Email: ir@castormaritime.com

Media Contact:
Kevin Karlis
Capital Link
Email: castormaritime@capitallink.com

SOIL: Soiltech secure contracts on COSLPioneer and Valaris 121

Company news

2023-09-05 06:44:10

Soiltech is expanding the operations in the UK and have secured two more contracts for the treatment of contaminated water.

We will mobilize to the semisubmersible drilling rig COSLPioneer for Itacha this month and to the jackup drilling rig Valaris 121 for Shell in the fourth quarter.

For both contracts we will be using Soiltech’s market leading slop treatment technology (STT) and clean contaminated water without the use of chemicals. In this way we will be able to reduce the waste by up to 95%, with a resulting reduction in CO2 emissions.

“We are pleased to once again be selected to deliver our innovative waste management services to Ithaca and Shell. A main driver for the contract awards is the increasing global focus on a cleaner production of energy and reduced pollution of the oceans, says Soiltech’s CEO Jan Erik Tveteraas.

About Soiltech
Soiltech is an innovative cleantech service provider specializing in the treatment, recycling and responsible handling of contaminated water and solid waste. Our technologies enable cost savings and lower CO2 emissions through WASTE REDUCTION, WASTE RECOVERY AND REUSE.

Soiltech is headquartered in Norway and operates world-wide. We are listed on Euronext NOTC in Norway under the ticker SOIL.

MENTOR: Delårsrapport 2. kvartal 2023

Company news

2023-09-01 14:56:14

Mentor Medier har pr. 1. halvår et EBITDA resultat på 6,7 millioner kroner, mot et EBITDA resultat på 9,4 millioner kroner på samme tidspunkt i fjor.

Mentor Medier har første halvår 2023 en økning i abonnementsinntektene på 1 millioner kroner, tilsvarende en vekst på 0,8 %. De rene digitale abonnementsinntektene har hatt en vekst på 2,9 millioner kroner, tilsvarende en vekst på 10,2 %.

Annonseinntektene viser en nedgang første halvår 2023 på 2 millioner kroner som tilsvarer en nedgang på 7,5 %. De digitale annonseinntekter viser imidlertid en vekst på 9,2 % i perioden.

Konsernet har en netto finansinntekt på 7,1 millioner kroner i 1. halvår 2023 sammenlignet med -5,6 millioner kroner på samme tidspunkt i fjor. Forbedringen har sammenheng med økt rentenivå, og en positiv utvikling i finansmarkedet i 2023.

Resultat før skatt er på 8,6 millioner kroner, 11,7 millioner bedre enn på samme tidspunkt i fjor.

Se selskapets hjemmeside for mer informasjon.

PNO: FINANCIAL REPORT FOR THE FIRST HALF OF 2023

Company news

2023-08-31 18:22:16

Please find attached the 1H 2023 report of Petrolia NOCO AS.

For further queries contact:

Erik von Krogh, CFO
+47 930 38 075
Email: evk@petrolia.no

INDEPENDENT OIL & RESOURCES PLC - IOTA - UNAUDITED FINANCIAL STATEMENTS 30.06.2023

Company news

2023-08-31 18:20:04

INDEPENDENT OIL & RESOURCES PLC - IOTA
Interim Report - 30.06.2023

DOF Installer ASA - Interim Financial Report Q2 2023

Company news

2023-08-31 11:10:25

Pease find enclosed the Interim Financial Report for DOF Installer ASA for Q2 2023.

Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: +47 916 21 057
E-mail: martin.lundberg@dof.com

DOF INSTALLER ASA - Minutes of Ordinary General Meeting

Company news

2023-08-31 11:08:26

Please find enclosed the Minutes from the Ordinary General Meeting held on 28 June 2023.

For further information, please contact:
Martin Lundberg, SVP Finance and Investor Relations DOF Group ASA
Phone: +47 916 21 057
E-mail: martin.lundberg@dof.com