Month: November 2019
Vancouver, BC, Nov. 29, 2019 (GLOBE NEWSWIRE) — NanoSphere Health Sciences Inc. (CSE: NSHS) (OTC: NSHSF) (“Nanosphere” or “the Company”) reports that it has re-priced and extended the expiry date of an aggregate of 6,190,235 warrants. The warrants were originally issued pursuant to a private placement on December 4, 2017, had an exercise price of $0.75 and had an expiry date of December 4, 2019. The warrants, as amended, will have an exercise price of $0.55 and will expire on December 4, 2021.The Company further advises that a liquidating trust acting on behalf of the creditors of a company that declared bankruptcy in 2006 has initiated a lawsuit against a former director-officer of the Company in the Federal District Court of Colorado. The claim alleges that the former director-officer made fraudulent disclosures of his financial...
Novoheart Announces Change of Fiscal Year-End and Grants Stock Options
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VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — Novoheart Holdings Inc. (“Novoheart” or the “Company”) (TSXV: NVH; FWB: 3NH) announced that it is changing its fiscal year-end to December 31, from its current fiscal year-end of June 30. The notice for the year-end change required under National Instrument 51-102 – Continuous Disclosure Obligations has been filed under the Company’s profile at www.sedar.com.
Emerald Health Therapeutics Closes $2.5 Million Prospectus Sale and Concurrent Secondary Sale
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF), announced today that it closed its prospectus sale (the “Offering”) to a single Canadian institutional accredited investor (the “Investor”), as announced on November 13, 2019. Pursuant to the Offering, Emerald has issued 4,385,965 units of Emerald (each, a “Unit”) at a price of $0.57 per Unit for total gross proceeds of $2,500,000.Each Unit consists of one common share of Emerald (each, a “Common Share”) and one common share purchase warrant (each, a “Warrant”). Each Warrant entitles the Investor to acquire one common share of Emerald (each, a “Warrant Share”)...
Nevada Copper Executes Previously Announced Credit Facility
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VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or the “Company”) is pleased to announce that it has executed a credit agreement with Pala Investments Limited for up to US$30 million (the “Credit Facility”) in connection with the previously announced binding term sheet.Further details of the Credit Facility are set out in the Company’s news release of November 15, 2019. US$15 million is available immediately at the Company’s election with additional draws as may be required subject to certain conditions including syndication. About Nevada CopperNevada Copper’s (TSX: NCU) Underground Project is in construction with a view to commencement of copper production in Q4, 2019. Located in Nevada, USA, Pumpkin Hollow has substantial reserves and resources including copper, gold...
AMENDED PRESS RELEASE: PyroGenesis Announces Q3, 2019 Results: Revenues $2.1MM, Gross Margin 45%, Current Backlog $29.5MM
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MONTREAL, Nov. 29, 2019 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to announce today its financial and operational results for the third quarter ended September 30, 2019.“The 492% increase in backlog to $29.5MM at the end of Q3, from $6MM at the end of Q2, signals the beginning of the long-awaited breakout that we have been anticipating,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “Separately, the $13.5MM US Navy Contract has also gained momentum in the second half of 2019, which we expect will also be...
Mountain China Resorts Reports 2019 Third Quarter Financial and Operational Results
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BEIJING, Nov. 29, 2019 (GLOBE NEWSWIRE) — Mountain China Resorts (Holding) Limited (TSXV: MCG) (“MCR” or the “Company”), today reported its financial results for the quarter ended September 30, 2019. MCR reports its results in Canadian Dollars.Financial ResultsTotal revenue and the net results were from resort operations sales revenue during the Reporting Period. For the quarter ended September 30, 2019, the Company generated revenues from resort operations of $nil million and a net loss of $0.33 million or $0.00 per share compared to $0.51 million and a net loss of $1.54 million or $0.00 per share in 2018 from continuing operations. Resort Operations EBITDA from continuing operations for the third quarter of 2019 were negative $0.41 million compared to negative $0.67 million last year. Resort operations expenses totaled $0.24 million...
Tanzanian Gold Corporation Plans to Start Mining at Buckreef Property; Continues Focus on the Development of the Buckreef Shear Zone; Announces 2019 Year End Results
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TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation, (TSX:TNX) (NYSE American:TRX) (the “Company”) announced an update on the Buckreef Project and results for its fiscal year ended August 31, 2019.Buckreef ProjectThe Company is executing its plan to begin gold production at the Buckreef Project. The Company will begin with the mining and processing of high grade oxide reserves at or close to surface at the location of the open pit defined in the 43-101 Pre-Feasibility Study. An oxide open pit and a monthly production schedule has been defined. The Company expects to start a grade control drilling program on this oxide open pit in the next week. SGS/Bateman from South Africa is visiting the site to finalize a design for a 15tph plant to process the oxide reserves. Requests for bids have been published seeking Expressions...
Novoheart Provides Corporate Update
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VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — Novoheart Holdings Inc. (“Novoheart” or the “Company”) (TSXV: NVH; FWB: 3NH) announced today that Joseph Leung resigned as Chief Financial Officer and Corporate Secretary of the Company effective immediately.Ronald Li, Chief Executive Officer, stated, “On behalf of Novoheart, I would like to thank Joseph for his contributions as CFO during his tenure at the Company. We wish him all the best in his future endeavors.”The appointment of Joseph Leung’s permanent replacement will be announced in due course. Camie Chan, Chief Operating Officer, will simultaneously serve as the Interim Chief Financial Officer and Corporate Secretary during the transition.ABOUT NOVOHEART HOLDINGS INC.
CIBT Provides Update on its Normal Course Issuer Bid (Share Buy-Back)
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VANCOUVER, B.C., Nov. 29, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – CIBT Education Group Inc. (“CIBT” or the “Company”) (TSX: MBA, OTCQX International: MBAIF) wishes to announce the suspension of the Company’s normal course issuer bid (share buy-back) which commenced December 14, 2018, in order to allow the Company to pursue a certain transaction. Since December 14, 2018, the Company has purchased a total of 2.643 million common shares from the open market.About CIBT Education Group:CIBT Education Group Inc. is one of the largest education, and student housing investment companies in Canada focused on the global education market since 1994. Listed on the Toronto Stock Exchange and U.S OTCQX International, CIBT owns business and language colleges, student housing properties, recruitment centres and corporate offices at 45 locations...
Monument Reports First Quarter Fiscal 2020 (“Q1 2020”) Results
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VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its first quarter production and financial results for the three months ended September 30, 2019. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results).President and CEO Cathy Zhai commented: “During Q1 2020 metallurgical drill programs were completed to test and optimize recoverability of leachable materials at the pit 5/6 at Selinsing for the current CIL processing in bridging production gap while moving to sulphide production stage. Trial mining preparation work also commenced at the Peranggih Gold Prospect to confirm the average grade and test the metallurgical performance at plant scale....