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International Star, Inc. (OTC:ILST) Letter to Shareholders
Dear Shareholders,
Ascendant Resources Announces Transformative Developments at Lagoa Salgada VMS Project, Portugal
Ascendant Resources Inc. (TSX:ASND)(OTCQB:ASDRF) is pleased to highlight significant advancements that have been achieved in 2024 at its flagship Lagoa Salgada VMS Project, located in Portugal's Iberian Pyrite Belt. Recent progress in exploration, metallurgy, permitting and feasibility optimization have reinforced Lagoa Salgada's potential to become a significant global polymetallic project poised for rapid development with a construction decision expected in Q4 2025. Key highlights are summarized below:
Global stocks mostly fall ahead of ECB, US inflation data
Global stock markets mostly retreated Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.
Biden says Trump economic plan will be 'disaster'
Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster," in a speech hailing his own legacy.
New York appeals dismissed PepsiCo plastic pollution suit
New York state this week appealed the dismissal of a pollution lawsuit against soda giant PepsiCo, accusing its single-use plastic packaging of posing a scourge on waterways and public health.
US disburses $20 bn Ukraine loan backed by profits from Russian assets
The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by the interest earned on frozen Russian assets, as part of a $50 billion G7 support package.
World stock markets diverge as rate calls loom
Global stock markets diverged Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.
Airlines chief says jet manufacturers need to deliver
World airlines are "cautiously optimistic" for 2025, the industry body's head told AFP on Tuesday, while slamming the big plane manufacturers for not delivering new aircraft fast enough.
Boeing resumes production at Seattle plants after strike
Boeing has resumed production on the 737 MAX after a nearly three-month stoppage due to a lengthy labor strike in the Seattle region.
World stock markets mixed as rate calls loom, geopolitics weighs
Global stock markets were mixed Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.
US firms up $6.2 bn Micron funding to boost chipmaking
US President Joe Biden's administration finalized nearly $6.2 billion in funding for Micron Technology on Tuesday, firming up a deal to boost domestic semiconductor production before Donald Trump returns to the White House.
UK pledges to cut government spending waste
UK government departments must find efficiency savings of five percent, finance minister Rachel Reeves insisted Tuesday, vowing to take an "iron fist" to public-spending waste.
Air passenger numbers to top five billion in 2025: IATA
Air passenger numbers are forecast to top five billion for the first time next year and the sector's revenues will break the trillion-dollar barrier, the global aviation body IATA said on Tuesday.
Stellantis, Chinese firm CATL plan $4bn battery plant in Spain
Car giant Stellantis and Chinese manufacturer CATL said Tuesday they would build a $4.3-billion factory to make electric vehicle batteries in Spain, the latest bid to boost Europe's troubled EV drive.
'Huge demand': Portugal dreams of becoming medical cannabis hub
"We should be the new El Dorado of medical cannabis production," said agronomist Jose Martins as dozens of workers harvested marijuana in bright sunshine at a farm in southeastern Portugal.
China's Xi warns 'no winners' in trade war with US
Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year.
The trial of a king: ancient royal ritual in Cameroon promotes peace
Chatter muffled as members of a secret society, masked and garbed in honey-coloured robes, entered the court of Foumban, the historic capital of a centuries-old kingdom nestled in hilly northwestern Cameroon.
Hong Kong, Shanghai rally on China optimism as Seoul rebounds
Hong Kong and Shanghai stocks rallied Tuesday after China pledged to adopt a looser monetary policy to revive the stuttering economy, while Seoul rebounded after days of losses fuelled by the brief declaration of martial law by South Korea's president.
Resolution Life Acquired by Nippon Life
Resolution Life announces the acquisition of 100% of its shares by Nippon Life at a valuation of $10.6 billionThe transaction will accelerate growth for both Resolution Life and Nippon Life in the highly active, multi-trillion-dollar global life and annuity consolidation sectorResolution Life, which comprises Resolution Re, Resolution Life US and Resolution Life Australasia will retain the Resolution brandResolution Life Australasia and Nippon Life's Australian company, MLC, will be merged to form AcendaBlackstone will continue to be Resolution Life's investment manager across private credit and other key areas
Gladstone Investment Corporation Prices Public Offering of 7.875% Notes due 2030
Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") today announced that it priced a public offering of $110.0 million aggregate principal amount of 7.875% Notes due 2030 (the "Notes") on December 10, 2024. The Notes will mature on February 1, 2030 and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after February 1, 2027. The Notes will bear interest at a rate of 7.875% per year payable quarterly on February 1, May 1, August 1 and November 1 of each year, beginning February 1, 2025. The Company also granted the underwriters a 30-day option to purchase up to an additional $16.5 million in aggregate principal amount of Notes to cover overallotments, if any. The Company expects to list the Notes on the Nasdaq Global Select Market under the trading symbol "GAINI" within 30 days of issuance. Oppenheimer & Co. Inc., B. Riley Securities, Inc. and Lucid Capital Markets, LLC are acting as joint book-running managers for this offering. InspereX LLC, Janney Montgomery Scott LLC and Wedbush Securities Inc. are acting as co-managers for this offering.
RE Royalties Announces Final Closing of Private Placement of Series 4 Secured Green Bonds
All amounts in Canadian dollars unless otherwise statedNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES
abrdn Emerging Markets Equity Income Fund, Inc. (AEF) Announces Results Of Strategic Review Including: Changes To The Fund’s Name And Investment Strategy, A 20% Tender Offer And Renewed Performance-based Conditional Tender Offer Policy, And An Increase To Managed Distribution Policy
abrdn Emerging Markets Equity Income Fund, Inc. (NYSE American:AEF) announces results of a strategic review conducted by the Fund's Board of Directors (the "Board") at a meeting held today.
abrdn Income Credit Strategies Fund (ACP) Announces Change to Monthly Distribution Expected to be Maintained for at Least the Next 12 Months
abrdn Income Credit Strategies Fund (NYSE:ACP) (the "Fund"), a closed-end fund, announced today that it has reduced its monthly distribution from US 10 cents per share to US 7.75 cents per share, commencing with the distribution payable on January 10, 2025 to shareholders of record as of December 30, 2024 (ex-dividend date December 30, 2024).
Abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend
The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP PRA) ("Series A Preferred Shares"). The distribution is payable on December 31, 2024, to holders of Series A Preferred Shares of record on December 20, 2024 (ex-dividend date December 20, 2024).
Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of December 2024 of $0.1175 per common share, payable as noted below.
Sensiba LLP Launches Penetration Testing and Vulnerability Assessments
Sensiba LLP, a Top-75 U.S. accounting and advisory firm, and leader in cybersecurity and compliance services, announced today the launch of its new Penetration Testing service. With this addition, Sensiba provides an end-to-end security framework to help organizations identify vulnerabilities, safeguard operations, and strengthen cyber resilience.
Valsoft Corporation Expands in the Construction Software Industry With the Acquisition of Buildsoft
Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Buildsoft, a pioneer in estimating, takeoff, and tender management solutions for the construction industry, serving Australia and international markets for over 40 years.
Tecogen Receives Orders for 8 Tecopower Cogeneration Systems
Tecogen Inc. (OTCQX:TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating and cooling equipment, is pleased to announce orders for eight 75KW Tecopower cogeneration systems for multiple buildings and customers in the Northeast. These orders were generated through Tecogen's project developer relationships.
The Very First Asia-Pacific OZ Industrial Park in the U.S. is Opening Soon
Token Communities is entering the Industrial Park real Estate Market in TX
Harte Hanks Teams Up With Reddy to Revolutionize Customer Care Using AI-Driven Solutions
Harte Hanks, Inc. (NASDAQ:HHS), the 101-year-old Massachusetts-based global customer experience company, today announced it's collaborating with Reddy, a contact center coaching and training platform that uses AI to help businesses automate and optimize their contact centers.
Pioneer Institute Offers Blueprint for Federal Administrative Reform
Proposed changes to rulemaking and grantmaking will boost accountability and state policy innovation
Gryphon Digital Mining Signs Definitive Agreement for Natural Gas Assets, Securing Low-Cost Power of 100 MW, Expandable and Scalable to 1 GW
Pending acquisition is expected to deliver:Natural gas asset in Canada with 5+ Tcf of contingent resourcePhase 1 power generation of 100 MW with expansion potential up to 1 GWAll in energy costs of less than $0.03/KWH