Grey Market Labs announces $8M Series A funding led by Capri Ventures to accelerate growth of its Replica Platform - First of its kind "Secure Environment as a Service"
NEW HAVEN, Connecticut — China's engineering prowess has been nothing short of extraordinary. From world-class infrastructure and eco-friendly cities to space systems and high-speed trains, China's impressive accumulation of state-of-the-art physical capital has played a dominant role in driving its economy. But China's physical engineering accomplishments on the supply side have not been transferable to social engineering efforts on the demand side, especially in stimulating consumer demand. The disconnect arises out of the modern Chinese political system, which emphasizes stability and control. While this focus has enabled the country to become the world's "ultimate producer," it has not been successful in uncovering the DNA of the Chinese consumer. Social engineering through government diktat stands in sharp contrast to the incentive-based, free-wheeling, individualistic spirit that shapes human behavior and consumption patterns in the West. With the household consumption share of Chinese gross domestic product (GDP) remaining below 40 percent, compared to around 65 percent in advanced economies, China has little to show for its long-standing rhetoric on consumer-led rebalancing. The American experience, as famously documented in John Kenneth Galbraith's "The Affluent Society," decodes the DNA of a consumer society. Key characteristics include upward mobility of income and wealth, open communication and dissemination of information, individualism and freedom of choice, diminished inequality of lifestyles, intergenerational wealth transfers, and, ultimately, the ability to elect political representatives. Western consumerism is very much an aspirational proposition. That raises a fundamental question: is China's political system incompatible with modern consumer culture? That question seems all the more pertinent in the face of China's newfound techno-authoritarianism, which seems at odds with the basic freedoms on which consumerism is based. Recent technological advances (especially in facial recognition and other forms of surveillance), in conjunction with a social credit system and tightened censorship, are all but antithetical to the consumer society as we know it in the West. Ultimately, it is far easier to mobilize the state's machinery to exert influence over producers than it is to allow basic freedoms to empower consumers. That goes back to the early days of the People's Republic when China's producers were under the strict control of the State Planning Commission. And it is true again today as the pendulum of Chinese economic power has swung back from the once-dynamic and entrepreneurial private sector toward state-owned enterprises. The tightening of government controls over Chinese society over the past decade is especially at odds with its goal of spurring consumption. In 2013, shortly after taking office, President Xi Jinping introduced a "mass line" education campaign to address four "bad habits" — formalism, bureaucracy, hedonism and extravagance — that he believed were key sources of social decay and corruption of the Communist Party of China. This effort, initially viewed as an offshoot of Xi's signature anti-corruption campaign, has since taken on a life of its own. Xi sharpened his focus on bad habits in 2021 when a regulatory crackdown on internet platform companies targeted not only Chinese entrepreneurs like Alibaba's Jack Ma but also the so-called lifestyle excesses associated with video games, online music, celebrity fan culture and private tutoring. Such state-directed social engineering suggests that the Chinese authorities have little tolerance for the sense of possibility and optimism embedded in the DNA of Western consumer societies. Another example of this mismatch between ambition and regulatory mindset can be found in China's repeated attempts to address the demographic headwinds behind a shrinking labor force, which is set to decline through the end of this century, owing to the legacy of the now-abandoned one-child family-planning policy. The Chinese government recently announced measures to boost birth rates, including improved support for childbirth, expanded childcare capacity and other efforts to build a "birth-friendly" society. Yet this is only the latest in a series of actions following the adoption of a two-child policy in 2015 and a three-child policy in 2021. Despite these efforts, China's fertility rate remains far below the replacement rate of 2.1 live births per child-bearing woman. Polling data point to two reasons: concerns over sharply rising child-rearing expenses and deeply entrenched small-family cultural norms. This latter point underscores the behavioral aspects of the problem — namely, that a generation of younger Chinese have grown accustomed to one-child families. This very human resistance to the government's attempted coercion of family-planning practices is not dissimilar to Beijing's strategy to push for increased consumer demand. The key to unlocking China's consumer potential is to convert fear into confidence, a transition that requires nothing short of a fundamental shift in the mindset framing households' decision-making. But this is precisely where the government has been stymied. Incentivizing human behavior is radically different from requiring state-directed banks to boost lending for infrastructure projects or state-owned enterprises to invest in property. Admittedly, I am providing a Western perspective on a Chinese problem, and experience has taught me that such problems need to be examined from China's own perspective. Even so, increasing consumption goes to the very essence of the human experience: can there ever be a flourishing consumer culture with Chinese characteristics that contradicts the aspirational ethos underpinning Western societies? The ultimate solution to China's chronic underconsumption problem may well hinge on these deep considerations of human behavior. A recent meeting of China's Central Economic Work Conference hinted at yet another big consumption stimulus to come. But if Chinese authorities remain steadfast in tightening control over social norms and the human spirit, then all the stimulus in the world — from trade-in campaigns to social-safety-net reforms — could be for naught. Stephen S. Roach is a faculty member at Yale University and former chairman of Morgan Stanley Asia. He is also the author of "Unbalanced: The Codependency of America and China" (Yale University Press, 2014) and "Accidental Conflict: America, China and the Clash of False Narratives" (Yale University Press, 2022). Copyright: Project Syndicate, 2024 www.project-syndicate.orgWhile the Pune Municipal Corporation (PMC) on Tuesday conducted an anti-encroachment drive against eateries (complete with chairs and tables) occupying footpaths near the MIT College campus along Paud Road in Kothrud, the small kiosks, chairs and tables in tow, reappeared on the footpaths within hours, once again posing hurdles for area residents and pedestrians. Ajya Gole, anti-encroachment inspector at the Warje ward office, said, “We removed eight stalls from the footpath in the MIT area. We also seized three refrigerators and 22 tables. Prior notice was given to the owners of these stalls. Most of these stalls were located on the footpaths in front of the shops.” Whereas Dr Bhooshan Shukla, an area resident, shared a photograph on social media of the cleared footpath Tuesday morning, questioning how long the footpath would remain encroachment-free. Less than 10 hours later, he posted another photograph on social media showing the return of tables and chairs accompanied by a message that said, ‘less than 10 hours.’ The area around the MIT College campus, known for its vibrant ‘khau galli’, houses roadside eateries bustling with college students throughout the day. However, these eateries pose a persistent nuisance to residents and pedestrians. For long now, residents have been criticising the authorities for failing to address issues such as illegal vehicle parking, speeding, and footpath encroachments despite filing numerous complaints. What’s more, the problem is not confined to the MIT College campus area alone. A 300-metre stretch behind Bharati Vidyapeeth, near the Pune Institute of Computer Technology (PICT) College, has also turned into a ‘khau galli’ with eateries taking over roadspace. The residents of housing societies in the neighbourhood have repeatedly raised concerns, highlighting the lack of pedestrian access, incessant noise pollution from vehicles, and a severe shortage of parking space. The situation has worsened with students now parking their vehicles inside residential societies prompting some residents to put up signs saying, ‘only residents allowed’. Vahmant Rao Choudhary, a local resident, 92, reflected on the challenges posed by encroachments. “If I were young, I wouldn’t have cared about this issue or minded the khau galli or street food hawkers. But at my age, mobility is already a challenge. There is no space to walk because the footpaths are always crowded. We just want to be able to walk safely,” he said. The recurring nature of these encroachments has left residents frustrated, with many demanding stricter enforcement to ensure that the footpaths, once cleared, continue to remain as such for the convenience of both pedestrians and residents.
JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen on Thursday targeted the Houthi rebel-held capital of Sanaa and multiple ports, while the World Health Organization's director-general said the bombardment occurred nearby as he prepared to board a flight in Sanaa, with a crew member injured. “The air traffic control tower, the departure lounge — just a few meters from where we were — and the runway were damaged,” Tedros Adhanom Ghebreyesus said on the social media platform X. He added that he and U.N. colleagues were safe. “We will need to wait for the damage to the airport to be repaired before we can leave,” he said, without mentioning the source of the bombardment. The Israeli strikes followed several days of Houthi launches setting off sirens in Israel. The Israeli military said it attacked infrastructure used by the Houthis at the international airport in Sanaa and ports in the cities of Hodeida, Al-Salif and Ras Qantib, along with power stations, asserting they were used to smuggle in Iranian weapons and for the entry of senior Iranian officials. Israel's military didn't immediately respond to questions about Tedros' post but issued a statement saying it had "capabilities to strike very far from Israel’s territory — precisely, powerfully, and repetitively.” The strikes came a day after Israeli Prime Minister Benjamin Netanyahu said that “the Houthis, too, will learn what Hamas and Hezbollah and Assad’s regime and others learned" as his military has battled those more powerful proxies of Iran. The Iran-backed Houthis' media outlet confirmed the strikes in a Telegram post but gave no immediate details. The U.S. military also has targeted the Houthis in Yemen in recent days. The United Nations has noted that the targeted ports are important entryways for humanitarian aid for Yemen, the poorest Arab nation that plunged into a civil war in 2014 . Over the weekend, 16 people were wounded when a Houthi missile hit a playground in the Israeli city of Tel Aviv . Last week, Israeli jets struck Sanaa and Hodeida, killing nine people, calling it a response to previous Houthi attacks. The Houthis also have been targeting shipping on the Red Sea corridor, calling it solidarity with Palestinians in Gaza. The U.N. Security Council has scheduled an emergency meeting Monday in response to an Israeli request that the council condemn the Houthi attacks and Iran for supplying weapons to the rebels. Meanwhile, an Israeli strike killed five Palestinian journalists outside a hospital in the Gaza Strip overnight , the territory's Health Ministry said. The Israeli military said that all were militants posing as reporters. The strike hit a car outside Al-Awda Hospital in the built-up Nuseirat refugee camp in central Gaza. The journalists were working for the local news outlet Al-Quds Today, a television channel affiliated with the Islamic Jihad militant group. Islamic Jihad is a smaller and more extreme ally of Hamas and took part in the Oct. 7, 2023 attack in southern Israel, which ignited the war. The Israeli military identified four of the men as combat propagandists and said that intelligence, including a list of Islamic Jihad operatives found by soldiers in Gaza, had confirmed that all five were affiliated with the group. Hamas, Islamic Jihad and other Palestinian militant groups operate political, media and charitable operations in addition to their armed wings. Associated Press footage showed the incinerated shell of a van, with press markings visible on the back doors. Sobbing young men attended the funeral outside the hospital. The bodies were wrapped in shrouds, with blue press vests draped over them. The Committee to Protect Journalists says more than 130 Palestinian reporters have been killed since the start of the war. Israel hasn't allowed foreign reporters to enter Gaza except on military embeds. Israel has banned the pan-Arab Al Jazeera network and accused six of its Gaza reporters of being militants . The Qatar-based broadcaster denies the allegations and accuses Israel of trying to silence its war coverage, which has focused heavily on civilian casualties from Israeli military operations. Separately, Israel's military said that a 35-year-old reserve soldier was killed during fighting in central Gaza early Thursday. A total of 389 soldiers have been killed in Gaza since the start of the ground operation more than a year ago. The war began when Hamas-led militants stormed across the border in an attack on nearby army bases and farming communities. They killed around 1,200 people, mostly civilians, and abducted around 250. About 100 hostages are still inside Gaza, at least a third believed to be dead. Israel's air and ground offensive has killed more than 45,000 Palestinians, according to the Health Ministry. It says more than half the fatalities have been women and children, but doesn't say how many of the dead were fighters. Israel says it has killed more than 17,000 militants, without providing evidence. The offensive has caused widespread destruction and driven around 90% of the population of 2.3 million from their homes. Hundreds of thousands are packed into squalid tent camps along the coast, with little protection from the cold, wet winter. Also Thursday, people mourned eight Palestinians killed by Israeli military operations in and around the city of Tulkarem in the occupied West Bank on Tuesday, according to the Palestinian Health Ministry. The Israeli military said that it opened fire after militants attacked soldiers, and it was aware of uninvolved civilians who were harmed in the raid. Shurafa reported from Deir al-Balah, Gaza Strip. A previous version of this story was corrected to show that the name of the local news outlet is Al-Quds Today, not the Quds News Network. Follow AP’s war coverage at https://apnews.com/hub/israel-hamas-warThe Hitchhiker’s Guide to failing to elect a House speaker quickly
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MEXICO CITY (AP) — Over 18,000 people in Mexico have registered online to run for Supreme Court seats and federal judgeships in the country's contentious new selection process , but a random drawing in the end will determine who gets on the ballot, officials said Monday. The ruling party pushed through a constitutional reform in September to make all federal judges stand for election, replacing the system where court employees and lawyers mainly move up through the ranks. Current court employees and their supporters have staged dozens of demonstrations against the reforms, calling them part of a ruling-party campaign to weaken checks and balances and eliminate independent regulatory and oversight bodies. Now, candidates for Supreme Court seats and federal judgeships need only a law degree, a grade point average of 3.2, “five years of professional experience” and five letters of recommendation from neighbors or friends. That, and some luck in the final drawing. Officials rejected criticism that has called the process rushed or amateurish for the often highly technical posts that can hear cases including intellectual property, organized crime and Constitutional law. “The results have been spectacular,” said Arturo Zaldivar, a top advisor to President Claudia Sheinbaum. According to the plan, evaluation committees will have just over a month to review thousands of resumes and whittle the field to about 10 candidates or less for each for the 881 judgeships and nine seats on the Supreme Court. Then 1,793 names chosen at random from those selected will appear on the ballot on June 1. Critics warn that many who land on the ballot will be unknowns who perhaps have never argued a case in the courts they seek to run. “You don’t elect a doctor or a surgeon for an operation based on their popularity, you elect them based on their technical expertise, their ability, their knowledge,” said Sergio Méndez Silva, the legal coordinator for the civic group Foundation for Justice. “That also applies for a judge.” With candidates now having to run election campaigns, critics warn there's a chance drug cartels or political parties could finance them to get friendly judges onto the bench. There are also concerns that the evaluation committees deciding who makes the cut for the selection to appear on ballots may not be impartial. Most committee members were appointed by the legislative or executive branches, controlled by the ruling Morena party. Some critics argue that the current justice system, which is riddled with nepotism, corruption and a lack of accountability, needs to be changed. “We need a justice system that gives results,” said Martínez Garza, an academic and former head of the human rights commission in the northern border state of Nuevo Leon who has registered to run for a Supreme Court seat. Trials in Mexico can last for years, and the ruling party has added to the growing list of crimes for which bail is not allowed, meaning that a large percentage of the prison population is people awaiting trial.
Over 18,000 in Mexico register to run for Supreme Court seats and federal judges in new system
Thiero, Fland lead No. 20 Arkansas past Little Rock 79-67Maresca’s Blues host Fulham on Boxing Day lying second in the table, and are only four points adrift of leaders Liverpool, having played one match more. City have won the league for the past four seasons but they have been cast 12 points adrift of the summit following a miserable run which has seen them lose nine times in their previous 12 outings. This is the story of Enzo Maresca's @ChelseaFC 's revolution 📘 pic.twitter.com/uVNLYptsPh — Premier League (@premierleague) December 24, 2024 However, Maresca, who worked alongside Pep Guardiola at the Etihad, said: “Manchester City at the end will be there. They are in a moment that has never happened before. “Every time they play a game, they have an injury, and they don’t have enough players in this moment. And the ones they have are not 100 per cent because they have just come back from injury, so it is a very bad situation. “We are ahead of our expectations, in terms of the way we are playing, and the points we have, but the main focus is how we can improve the players and how we can improve the team.” Maresca, who has continually played down his side’s aspirations for glory, added: “It is not about the (title) pressure for the players or for the club or for me, it is just the reality. “I would like to have that kind of pressure and hopefully soon we can, but the reason why I said we are not there yet, is because the reality is that we are not.” Liverpool are ready to capitalise on City’s demise, while Arsenal, who are six points off top spot, are set to be without star man Bukayo Saka for a sustained period after he suffered a hamstring tear. Asked if it was Liverpool’s title to lose, Maresca said: “No, the reality says we are second at the halfway point, so the table does reflect the teams. “But Liverpool have done a fantastic job since the first day, and the squad has lived that kind of moment, winning a trophy, which is important. “Last year, when Liverpool faced Chelsea in the Carabao Cup final I saw the amount of finals that Liverpool players had played in, and the number of finals Chelsea players had played in, and there was a huge difference. So it shows the experience you need, but we are happy to be where we are.” Chelsea will continue to be without winger Mykhailo Mudryk after he returned a positive drugs test. The 23-year-old Ukrainian, who has not played for a month, was spotted ringside for compatriot Oleksandr Usyk’s heavyweight title victory over Tyson Fury in Saudi Arabia at the weekend. “In this moment it is good that he can disconnect a little bit from the situation,” said Maresca. “The last time I spoke with him, we try to support him, and now we are just waiting.”
TORONTO--(BUSINESS WIRE)--Dec 6, 2024-- Greenland Resources Inc. (Cboe CA: MOLY | FSE: M0LY) (“Greenland Resources” or the “Company”) welcomes the Government of Canada’s decision announced today to appoint an Arctic ambassador and open a consulate in Nuuk, Greenland. This follows the new Canadian Arctic Foreign Policy Framework to protect, together with its allies, the economic and military challenges including mineral resources security supply in the Arctic. The Company believes this is relevant for the Project as it is in negotiations to secure Capex funding from Canadian and recently announced European financial institutions and agencies in its press releases dated October 1 and October 15, 2024 . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241206778181/en/ Greenland Resources Inc. Greenland Resources is a Canadian public company with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned Climax type primary molybdenum deposit located in central east Greenland. The Project has copper and also magnesium, a market dominated 98% by China. The Malmbjerg molybdenum project is an open pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. The Malmbjerg project benefits from an NI 43-101 Definitive Feasibility Study completed by Tetra Tech in 2022, with an US$820 million capex and a levered after-tax IRR of 33.8% and payback of 2.4 years, using US$18 per pound molybdenum price. The Proven and Probable Reserves are 245 million tonnes at 0.176% MoS 2, for 571 million pounds of contained molybdenum metal. As the high-grade molybdenum is mined for the first half of the mine life, the average annual production for years one to ten is 32.8 million pounds per year of contained molybdenum metal at an average grade of 0.23% MoS 2, approximately 25% of EU total yearly consumption. The project had a previous exploitation license granted in 2009. With offices in Toronto, the Company is led by a management team with an extensive track record in the mining industry and capital markets. For further details, please refer to our web site ( www.greenlandresources.ca ) and our Canadian regulatory filings on Greenland Resources’ profile at www.sedarplus.com . The Project is supported by the European Raw Materials Alliance (ERMA). ERMA is managed by EIT RawMaterials , an organization within the EIT, a body of the European Union. About Molybdenum and the European Union Molybdenum is a critical metal used mainly in steel and chemicals that is needed in all technologies in the upcoming green energy transition. When added to steel and cast iron, it enhances strength, hardenability, weldability, toughness, temperature strength, and corrosion resistance. Based on data from the International Molybdenum Association and the European Commission Steel Report, the world produced around 576 million pounds of molybdenum in 2021 where the European Union (“EU”) as the second largest steel producer in the world used approximately 24% of global molybdenum supply and has no domestic molybdenum production. To a greater degree, the EU steel dependent industries like the automotive, construction, and engineering, represent around 18% of the EU’s ≈ US$16 trillion GDP. Greenland Resources strategically located Malmbjerg molybdenum project has the potential to supply in and for the EU approximately 25% of the EU consumption, of environmentally friendly high-quality molybdenum from a responsible EU Associate country, for decades to come. The high quality of the Malmbjerg ore, having low impurity content in phosphorus, tin, antimony, and arsenic, makes it an ideal source of molybdenum for the high-performance steel industry lead worldwide by Europe, specifically the Scandinavian countries and Germany. Forward Looking Statements This news release contains "forward-looking information" (also referred to as "forward looking statements"), which relate to future events or future performance and reflect management’s current expectations and assumptions. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "hopes", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the Company’s objectives, goals or future plans; planned capex financing and outcomes of due diligence reviews; construction and engineering initiatives for the Malmbjerg molybdenum project; statements, exploration results, potential mineralization, the estimation of mineral resources and reserves, and their valuation, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: future planned development and other activities on the Project; favourable outcomes of due diligence reviews; planned energy requirements of the Project; obtaining the permitting on the Project in a timely manner; no adverse changes to the planned operations of the Project; continued favourable relationships with local communities; current EU and other initiatives remaining in place into the future; expected demand for molybdenum in the EU and abroad, including by companies that expressed an interest in purchasing molybdenum; our mineral reserve estimates and the assumptions upon which they are based, including geotechnical and metallurgical characteristics of rock confirming to sampled results and metallurgical performance; tonnage of ore to be mined and processed; ore grades and recoveries; assumptions and discount rates being appropriately applied to the technical studies; estimated valuation and probability of success of the Company’s projects, including the Malmbjerg molybdenum project; prices for molybdenum remaining as estimated; currency exchange rates remaining as estimated; availability of funds for the Company’s projects; capital decommissioning and reclamation estimates; mineral reserve and resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner or at all; and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive. The Company cautions the reader that forward-looking statements and information include known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the favourable results of the SIA (Social Impact Assessment) and EIA (Environmental Impact Assessment); favourable local community support for the Project’s development; the projected demand for molybdenum both in the EU and elsewhere, including by companies that expressed an interest in purchasing molybdenum; the current initiatives and programs for resource development in the EU and abroad; the projected and actual status of supply chains, labour market, currency and commodity prices interest rates and inflation; the projected and actual status of the global and Canadian capital markets, fluctuations in molybdenum and commodity prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation); fluctuations in currency markets (such as the Canadian dollar versus the U.S. dollar versus the Euro); operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structure formations, cave-ins, flooding and severe weather); inadequate insurance, or the inability to obtain insurance, to cover these risks and hazards; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices in Greenland, including environmental, export and import laws and regulations; legal restrictions relating to mining; risks relating to expropriation; increased competition in the mining industry for equipment and qualified personnel; the availability of additional capital; title matters and the additional risks identified in our filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca ). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Investors are cautioned against undue reliance on forward-looking statements or information. These forward-looking statements are made as of the date hereof and, except as required by applicable securities regulations, the Company does not intend, and does not assume any obligation, to update the forward-looking information. Neither the Cboe Canada Exchange nor its regulation services provider accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. View source version on businesswire.com : https://www.businesswire.com/news/home/20241206778181/en/ CONTACT: Ruben Shiffman, PhD Chairman, President Keith Minty, P.Eng, MBA Engineering and Project Management Jim Steel, P.Geo, MBA Exploration and Mining Geology Nauja Bianco, M.Pol.Sci. Public and Community Relations Gary Anstey Investor Relations Eric Grossman, CPA, CGA Chief Financial Officer Corporate office Suite 1810, 25 York Street, Toronto, Ontario, Canada M5J 2V5 1-844-252-0532 info@greenlandresourcesinc.com www.greenlandresources.ca KEYWORD: IRELAND UNITED KINGDOM GREENLAND CANADA NORTH AMERICA EUROPE INDUSTRY KEYWORD: PUBLIC POLICY/GOVERNMENT DEFENSE MINING/MINERALS OTHER POLICY ISSUES MILITARY NATURAL RESOURCES SOURCE: Greenland Resources Inc. Copyright Business Wire 2024. PUB: 12/06/2024 02:07 PM/DISC: 12/06/2024 02:05 PM http://www.businesswire.com/news/home/20241206778181/enInsight Acquisition Corp Stockholders Approve Extension of Business Combination Period Through March 7, 2025The Spanish island that’s ideal for winter sun where it’s still hot right now and you can find £2 pints
NoneKingsview Wealth Management LLC grew its holdings in CION Investment Co. ( NYSE:CION – Free Report ) by 19.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,910 shares of the company’s stock after acquiring an additional 4,615 shares during the quarter. Kingsview Wealth Management LLC owned 0.05% of CION Investment worth $332,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also modified their holdings of the company. Acadian Asset Management LLC increased its stake in CION Investment by 32.5% during the 2nd quarter. Acadian Asset Management LLC now owns 695,609 shares of the company’s stock worth $8,427,000 after acquiring an additional 170,635 shares during the period. Cetera Investment Advisers increased its holdings in CION Investment by 2,340.1% in the 1st quarter. Cetera Investment Advisers now owns 524,131 shares of the company’s stock valued at $5,765,000 after buying an additional 502,651 shares during the period. Diversify Wealth Management LLC acquired a new position in shares of CION Investment in the 2nd quarter valued at approximately $2,250,000. International Assets Investment Management LLC raised its position in CION Investment by 1,090.0% during the third quarter. International Assets Investment Management LLC now owns 871,080 shares of the company’s stock valued at $103,660,000 after purchasing an additional 797,880 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in shares of CION Investment by 15.7% in the 2nd quarter. Van ECK Associates Corp now owns 1,237,366 shares of the company’s stock valued at $14,996,000 after purchasing an additional 167,567 shares in the last quarter. 32.01% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes A number of research firms have recently commented on CION. Oppenheimer began coverage on CION Investment in a report on Tuesday, October 8th. They set a “market perform” rating and a $13.00 price target for the company. Wells Fargo & Company dropped their price objective on shares of CION Investment from $12.00 to $11.50 and set an “equal weight” rating for the company in a research note on Tuesday, October 29th. CION Investment Trading Up 0.2 % Shares of CION stock opened at $11.75 on Friday. The business’s 50-day moving average price is $11.75 and its 200-day moving average price is $12.02. CION Investment Co. has a 12 month low of $10.52 and a 12 month high of $12.69. The firm has a market capitalization of $626.16 million, a price-to-earnings ratio of 7.99 and a beta of 1.18. CION Investment Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 12.26%. The ex-dividend date is Monday, December 2nd. CION Investment’s dividend payout ratio is currently 97.96%. CION Investment Company Profile ( Free Report ) CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. Read More Receive News & Ratings for CION Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CION Investment and related companies with MarketBeat.com's FREE daily email newsletter .Pak's anti-terror court grants bail to journalist Matiullah Jan
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