Day: December 23, 2019

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTRÉAL, Dec. 23, 2019 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (the “Company” or “Siyata“) (TSX-V:SIM) (OTCQX:SYATF) is pleased to announce it has closed its previously announced brokered private placement (the “Offering”) with co-lead agents, PI Financial Corp. and Canaccord Genuity Corp. (collectively, the “Co-Lead Agents”), and with Paradigm Capital Inc. and Beacon Securities Limited (together with the Co-Lead Agents, the “Agents”). Pursuant to the Offering the Company has issued $7,866,000 in principal amount of unsecured convertible debentures (the “Convertible Debentures”). The Convertible Debentures included new subscriptions for $4,547,000 in...

RENO, Nev., Dec. 23, 2019 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) today commended passage of the United States federal appropriations bill that retroactively revived and extended the full Production Tax Credit (PTC) for geothermal facilities. The PTC provides a credit for each kilowatt-hour of energy produced by the taxpayer from qualified renewable energy facilities.  The PTC for geothermal facilities that expired at the end of 2017 was retroactively revived and extended through 2020, continuing U.S. support for the geothermal industry. This support contributes to the ongoing creation of new jobs in the geothermal industry as well as the nation’s energy independence.On December 17, 2019, the United States House of Representatives passed the tax extenders package, allowing geothermal projects that begin...

NEW YORK, Dec. 23, 2019 (GLOBE NEWSWIRE) — Axsome Therapeutics, Inc. (NASDAQ: AXSM) (“Axsome” or the “Company”), a clinical-stage biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today announced the closing of its previously announced underwritten public offering of 2,300,000 shares of its common stock, including the full exercise of the underwriters’ option to purchase additional shares, at the public offering price of $87.00 per share. The aggregate gross proceeds to Axsome, before deducting underwriting discounts and commissions and other estimated offering expenses, were $200.1 million.SVB Leerink acted as lead bookrunning manager for the offering. Morgan Stanley acted as joint bookrunning manager for the offering. Cantor Fitzgerald...

EDMONTON, Alberta, Dec. 23, 2019 (GLOBE NEWSWIRE) — John Babic, President and CEO of Dalmac Energy Inc. (“Dalmac”) (TSX Venture “DAL”) announces the second quarter and six-month results for the period ended October 31, 2019.Highlights for Q2’20An unseasonably wet summer continued into Q2 and further delayed the start of many projects. Activity in certain regions of Alberta came to a complete halt due to wet and muddy conditions, which is uncommon for Q2. Customer activity has been, and will continue to be, a significant impact on company performance. Even with the new production contracts with additional customers which was announced in Q1 wasn’t enough to offset the impact of the weather. Revenues are down about $1.6M from the same period last year.  Sustained efforts on lowering...

MCLEAN, Va., Dec. 23, 2019 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it completed the acquisition of a 117,000 square foot industrial building in Carrollton, Georgia on December 17, 2019, for $8 million. The initial capitalization rate for the acquisition was 6.6%, with an average capitalization rate of 7.4%.The property, acquired in a sale/leaseback transaction, is 100% leased to Superior Recreation Products and guaranteed by PlayCore with a twelve year lease term. Superior Recreation Products utilizes the property to assemble and distribute its industry leading recreation and shade products. The property was newly constructed in 2019. The acquisition of the industrial property is consistent with Gladstone Commercial’s growth strategy of acquiring...

NEW YORK, Dec. 23, 2019 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ), one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., today announced its management team will participate in the following investor conferences in January 2020.ICR Conference 2020 – Orlando, January 14th, 2020: Chairman and CEO Kevin Murphy will participate in multiple cannabis industry related panels. The ICR Conference presentations will be webcast and can be accessed live or as an archived replay on the Acreage Holdings Investor Relations website at investors.acreageholdings.com.   The Needham Growth Conference – New York City, January 15th, 2020: Chief Financial Officer Glen Leibowitz and Chief Medical Officer Corey...

TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Woodbridge Ventures Inc. (TSXV: WOOD.P) (“Woodbridge“) and Jack Nathan Medical Inc. (“Jack Nathan“) are pleased to announce that they have entered into a binding letter of intent (the “LOI“) dated December 20, 2019 (the “Effective Date“). Pursuant to this LOI, Woodbridge will acquire all of the issued and outstanding securities of Jack Nathan (the “Acquisition“), with such Acquisition constituting a reverse take-over of Woodbridge (the “Transaction“). Woodbridge, a Capital Pool Company, intends that the Transaction will constitute an arm’s length Qualifying Transaction (as such terms are defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange (the “TSXV“)).In connection with...

PHOENIX, Dec. 23, 2019 (GLOBE NEWSWIRE) — In celebration of the New Year, Sprouts Farmers Market has published a Whole30® Shopping List for those who want to reset their health, habits, and relationship with food by participating in the January Whole30. To further educate customers about the Whole30 program, Sprouts will host a series of store events featuring book giveaways and expert advice with local Whole30 Certified Coaches on Saturday, January 4 from 10 a.m. to noon.“Think of the Whole30 like pushing the reset button for your health, habits and relationship with food,” said Whole30 Co-Founder Melissa Urban. “Our short-term elimination program helps you identify foods that may be having a sneaky negative impact on your energy, sleep, digestion, mental health, cravings, allergies, or joint pain, and use...

TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Northfield Capital Corporation (“Northfield”) (TSX-V: NFD.A) announces that it has acquired ownership and control of 6,680,000 common shares (the “Common Shares”) and 6,680,000 share purchase warrants (the “Warrants”) of Murchison Minerals Ltd. (the “Company”) (TSX-V: MUR), Suite 2500, 120 Adelaide Street West, Toronto, Ontario, M5T 1T1 at a cost of $0.06 per unit (“Unit”), with each Unit consisting of one Common Share and one Warrant.  The Common Shares and Warrants were acquired by Northfield through a private placement on December 12, 2019, representing approximately 10.3% of the issued and outstanding common shares of the Company as of such date immediately following such transaction (or approximately 18.7% calculated on...

VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) — Avrupa Minerals Ltd. (TSXV: AVU) is pleased to announce that it has closed the private placement of $182,000 comprised of 3,640,000 units.Each Unit is comprised of one common share and one half of one common share purchase warrant.  Each whole warrant allows the holder to buy an additional share until December 18, 2021 at a price of $0.05 each. The securities have a four-month hold period expiring on April 19, 2020. The proceeds of this offering will be used to cover costs necessary to complete the recently-announced option agreement for Avrupa’s Alvalade VMS copper-zinc project in Portugal, including legal, regulatory and administrative costs, as well as for review of new project opportunities in Europe.Avrupa Minerals Ltd. is a growth-oriented junior...