Atlantic Ocean

EQS-News: Aareal Bank AG AGM on 3 May to include squeeze-out resolution

Retrieved on: 
Wednesday, April 10, 2024

Wiesbaden, 25 March 2024 – Aareal Bank AG has today invited shareholders to its ordinary Annual General Meeting, which will be held on 3 May 2024 as a virtual meeting.

Key Points: 
  • Wiesbaden, 25 March 2024 – Aareal Bank AG has today invited shareholders to its ordinary Annual General Meeting, which will be held on 3 May 2024 as a virtual meeting.
  • A key item on the agenda will be the passing of a resolution on a squeeze-out of minority shareholders.
  • The main shareholder of Aareal Bank AG, Atlantic BidCo GmbH, has further specified its transfer request and informed Aareal Bank AG’s Management Board that it has determined the cash compensation for the intended transfer of shares held by minority shareholders of Aareal Bank AG at €33.20 per registered share.
  • Atlantic BidCo holds approximately 95.50 per cent of the issued share capital of, and voting rights in, Aareal Bank AG.

Strategic Review Supports Continued Production Ramp-Up at North American Lithium

Retrieved on: 
Tuesday, April 9, 2024

Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.

Key Points: 
  • Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.
  • March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.
  • Production of spodumene concentrate has steadily increased with several daily production records achieved in March 2024, including the newest daily production record of 740 metric tons.
  • The joint venture partners have conducted an operational review to assess the pace of the production ramp-up in the context of a challenging lithium price environment.

Atlantic Health System Adopts FeelBetter’s Precision Population Health Platform to Optimize and Personalize Medication Management

Retrieved on: 
Tuesday, April 9, 2024

FeelBetter , the leading provider of polypharmacy patient management technology and pioneer of Pharmaco-Clinical Intelligence, today announced a commercial partnership with Atlantic Health System (“Atlantic Health”).

Key Points: 
  • FeelBetter , the leading provider of polypharmacy patient management technology and pioneer of Pharmaco-Clinical Intelligence, today announced a commercial partnership with Atlantic Health System (“Atlantic Health”).
  • The not-for-profit health system, which provides care for more than half the state of New Jersey and parts of New York and Pennsylvania, is leveraging FeelBetter’s AI-based precision population health platform to optimize and personalize medication management for polypharmacy patients across Atlantic Health System aligned Accountable Care Organizations (ACO).
  • “At Atlantic Health System, adopting new AI-based technologies with the potential to enhance healthcare is part of our unwavering commitment to providing high quality, safe, affordable patient care,” said Dr. Thomas Kloos, President, Vice President, Atlantic Health System and President, Atlantic Accountable Care Organization.
  • In the US alone, every year, suboptimal medication management results in 275,000 deaths and more than $528B in avoidable costs .

Chicago Atlantic Closes $20 Million Facility with Nova Farms

Retrieved on: 
Monday, April 8, 2024

Chicago Atlantic has closed a $20 million facility in senior secured financing to Nova Farms , a fully integrated cannabis operator managing a Massachusetts cultivation farm, seven retail brands and five full-service dispensaries across Massachusetts, Maine and New Jersey.

Key Points: 
  • Chicago Atlantic has closed a $20 million facility in senior secured financing to Nova Farms , a fully integrated cannabis operator managing a Massachusetts cultivation farm, seven retail brands and five full-service dispensaries across Massachusetts, Maine and New Jersey.
  • Nova Farms secured its first licenses in Massachusetts shortly after the state’s legalization of adult-use cannabis in 2016, and its new openings to date have shown a consistent track record of growth and profitability.
  • “Nova Farms has demonstrated its ability to operate successfully and identify attractive opportunities to accelerate progress.
  • “Our partnership with Chicago Atlantic marks a new chapter in our longstanding contributions to the industry.

Vale SA and Samarco’s Dutch Subsidiary Named in £3 Billion Dutch Lawsuit Led by Pogust Goodhead for Mariana Dam Failure: Firms Freeze shares in Vale’s Dutch Subsidiary

Retrieved on: 
Tuesday, March 19, 2024

The case was launched in the Netherlands against Vale SA and Samarco Iron Ore Europe BV, Samarco’s Dutch subsidiary, after lawyers attached the shares that Vale holds in Vale Holdings BV, its Dutch subsidiary.

Key Points: 
  • The case was launched in the Netherlands against Vale SA and Samarco Iron Ore Europe BV, Samarco’s Dutch subsidiary, after lawyers attached the shares that Vale holds in Vale Holdings BV, its Dutch subsidiary.
  • The Mariana dam was operated by Samarco, which is a joint venture between mining giants Vale of Brazil and the Anglo-Australian BHP.
  • We are glad to be instructed to hold Vale and Samarco’s subsidiary to account for their role in the disaster.
  • BHP has recently launched a contribution claim against Vale in those proceedings, seeking contribution from Vale in the event that BHP is held liable.

Oceania Cruises Offers Free Pre-Cruise Hotel Stay on a Range of Sailings in 2024 and 2025

Retrieved on: 
Tuesday, March 26, 2024

MIAMI, March 26, 2024 /PRNewswire/ -- Oceania Cruises, the world's leading culinary- and destination-focused cruise line, has announced that it will offer guests a free pre-cruise hotel stay on a range of sailings throughout late 2024 and 2025. The offer means that curious travelers will have the convenience of arriving a day before their cruise embarkation as well as the opportunity to delve even further into the departure port on their itinerary before relaxing in the comfort of Oceania Cruises' small, luxurious ships.

Key Points: 
  • MIAMI, March 26, 2024 /PRNewswire/ -- Oceania Cruises , the world's leading culinary- and destination-focused cruise line, has announced that it will offer guests a free pre-cruise hotel stay on a range of sailings throughout late 2024 and 2025.
  • The offer is available for reservations made between April 1, 2024, and May 31, 2024, giving guests ample time to choose their next bucket-list cruise.
  • With this generous offer, travelers can start their cruise vacation with an extra measure of comfort and ease.
  • For additional information on Oceania Cruises' small-ship luxury product, exquisitely crafted cuisine, and expertly curated travel experiences, visit OceaniaCruises.com , call 855-OCEANIA, or speak with a professional travel advisor.

Transport Canada announces a modernized agreement with the St. Lawrence Seaway Management Corporation

Retrieved on: 
Friday, March 22, 2024

Today, the Minister of Transport, Pablo Rodriguez, and Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation, announced that they signed an agreement for the Corporation—a not-for-profit organization—to continue managing, maintaining, and operating the Seaway, which it has done since 1998.

Key Points: 
  • Today, the Minister of Transport, Pablo Rodriguez, and Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation, announced that they signed an agreement for the Corporation—a not-for-profit organization—to continue managing, maintaining, and operating the Seaway, which it has done since 1998.
  • "I am thrilled to kick-off the 66th navigation season on the St. Lawrence Seaway with a renewed agreement with the Canadian Government.
  • The signing of this agreement follows the St. Lawrence Seaway Review, which was launched by Transport Canada in 2017, to ensure the Seaway continues to be strategically positioned as a critical transportation corridor for North America.
  • Transport Canada published a What We Heard Report summarizing the findings of the Seaway Review.

Thinking Big--Church of Scientology Celebrates Founder's Birthday With Exponential Expansion

Retrieved on: 
Wednesday, March 20, 2024

CLEARWATER, Fla., March 20, 2024 /PRNewswire/ -- It was the birthday party thousands had been waiting for. In fact, more Scientologists than ever before filled Ruth Eckerd Hall for this annual celebration.

Key Points: 
  • CLEARWATER, Fla., March 20, 2024 /PRNewswire/ -- It was the birthday party thousands had been waiting for.
  • There was merriment, there was magic, but most of all, there was more—more people, more good news—and lots more ahead.
  • As Mr. Miscavige alluded at the top of the evening, the Birthday Celebration included an "expansionist destiny" as fueled by LRH Technology.
  • And that was underscored in Mr. Miscavige's next presentation dealing with the very near future: the next season of Scientology Network.

The Iconic Jekyll Island Club Resort Ushers in a Modern Gilded Age With an Extensive, Design-Forward Reimagining

Retrieved on: 
Monday, March 18, 2024

JEKYLL ISLAND, Ga., March 18, 2024 /PRNewswire/ -- The iconic Jekyll Island Club Resort and the AAA Four Diamond Jekyll Ocean Club unveiled a stunning $25 million transformation that celebrates the resort's history while reflecting the joyful opulence of the early 20th century.

Key Points: 
  • JEKYLL ISLAND, Ga., March 18, 2024 /PRNewswire/ -- The iconic Jekyll Island Club Resort and the AAA Four Diamond Jekyll Ocean Club unveiled a stunning $25 million transformation that celebrates the resort's history while reflecting the joyful opulence of the early 20th century.
  • "Conservation and preserving everything that defines Jekyll Island have been our guiding principles in this design," said Kevin Baker, director sales and marketing, Jekyll Island Club Resort.
  • The exterior and structure of the buildings, protected as part of the Jekyll Island National Historic District, remain unchanged.
  • The Jekyll Island Club Resort is nestled between the salt marshes of the East River and the Atlantic Ocean in Georgia's Golden Isles.

Chapman Construction Group Awarded and Underway with Installation of 800MW Vineyard Wind 1 Project's Electrical Service Platform

Retrieved on: 
Thursday, March 14, 2024

SANDWICH, Mass., March 14, 2024 /PRNewswire/ -- Chapman Construction Group, Inc. (CCGI), based in Sandwich, MA, has been awarded and is underway with construction operations associated with the completion of offshore construction, installation and commissioning of the 800MW Vineyard Wind 1 project's electrical service platform (ESP). The wind farm will be located approximately 14 miles southeast of Martha's Vineyard and 35 miles off the Cape Cod peninsula. CCGI is working as a labor consultant and subcontractor with Tier 1 EPCI contractors Semco Maritime and Bladt Industries in the construction of the substation. The electrical service platform will provide electrical power generated from the Vineyard Wind project, which will be comprised of an array of 62 wind turbine generators to be installed on monopiles in water depths ranging from 121 to 181 feet in the Atlantic Ocean.

Key Points: 
  • The electrical service platform will provide electrical power generated from the Vineyard Wind project, which will be comprised of an array of 62 wind turbine generators to be installed on monopiles in water depths ranging from 121 to 181 feet in the Atlantic Ocean.
  • The wind energy project's 3,200-ton electrical service platform was transported via ship to the offshore Vineyard Wind 1 site from Denmark, where the headquarters of EPC partners Semco Maritime and Bladt Industries are located.
  • With an 800MW capacity, Vineyard Wind 1 is expected to meet the electrical demands of more than 400,000 homes and businesses in Massachusetts.
  • Chapman Construction Group, Inc. is a WBE, DBE, and Veteran-owned electrical contracting and general contracting company based in Sandwich, Massachusetts.