Year: 2019
YERINGTON, Nev., Dec. 23, 2019 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or the “Company’’) is pleased to announce that it has shipped the first copper concentrate from its Pumpkin Hollow project in Nevada, USA. As previously announced, the Company commenced production at Pumpkin Hollow’s processing plant on December 16, 2019 and expects to complete the ramp-up to full commercial production in H1, 2020.Matt Gili, Chief Executive Officer of Nevada Copper, stated “Our first shipment of copper concentrate has left Pumpkin Hollow, representing another important milestone as we look forward to continuing our ramp-up to full commercial production in 2020.”Nevada Copper will continue to provide further operational updates as appropriate in the coming weeks.About Nevada...
Overseas car rentals experience boom on Trip.com over winter holiday season
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SHANGHAI, China, Dec. 24, 2019 (GLOBE NEWSWIRE) — New statistics from Trip.com, a leading provider of online travel services, highlight that the number of customers using its overseas car rental services will have grown 200% year-on-year by the end of the forthcoming winter holiday season.According to the data, the most popular destinations for overseas car rentals on the platform were Australia and the US, followed by Thailand, the UK, New Zealand and South Korea. In addition to typical tourist hotspots, more niche destinations such as Hobart and Launceston have experienced growth in car rentals, indicative of a rise in the popularity of travel off the beaten track.Top 10 Popular Destinations for Overseas Self-driving Tourists:https://www.globenewswire.com/NewsRoom/AttachmentNg/f9fee64e-598b-4033-b6bd-5c9bedfa5768Most users of...
PyroGenesis Announces Completion of SR&ED Tax Credit Financing
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MONTREAL, Dec. 23, 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, announced today that it completed a financing in which the Company received funding pursuant to a Term Loan Agreement with R & D Capital Inc. (“R & D”) for a total of CAN $247,500 with respect to its Scientific Research and Experimental Development Tax credits (“SR&ED Tax Credits”) for the Company’s fiscal year ending December 31, 2019, (the “Loan”).The Loan is guaranteed by an existing security...
Star Sets the Record Straight and Announces Anticipated Date of Court Hearing
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TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star” or the “Company”) announces that, further to its press release dated December 12, 2019, the Ontario Superior Court of Justice (Commercial List) (the “Court”) will hear an application on January 22, 2020 (the “Application”) to determine the validity of the shareholders meeting (the “Invalid Meeting”) alleged to have been held on December 11, 2019 by a dissident shareholder group (the “Dissidents”). The Company also confirms that the press release filed by the Dissidents on December 11, 2019, was not authorized by Star.On December 18, 2019, the Court heard a motion for an interim injunction against the actions taken by Dissidents pending...
Amarillo Announces Settlement of Shares for Debt Transaction
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TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Amarillo Gold Corp. (“Amarillo” or the “Company”) (TSXV: AGC) (OTCQB:AGCBF), is pleased to report that it has completed a debt settlement agreement as previously announced on November 14, 2019 with a creditor of the Company. This creditor is controlled by a director of the Company. Pursuant to this agreement, the Company has agreed to issue an aggregate of 541,656 common shares (“Common Shares”) in the capital of the Company at a deemed price of $0.21 per Common Share to settle $113,747.77 of outstanding debt (the “Shares for Debt Transaction”). The completion of the Shares for Debt Transaction is subject to a number of conditions, including the approval of the TSX Venture Exchange (the “TSXV”). All securities issued...
Lydian Announces Suspension of Trading and Commencement of De-Listing Review
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TOROTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has suspended trading of the Company’s ordinary shares and is now reviewing the eligibility of the Company’s ordinary shares for listing on the TSX as a result of the Company being granted protection under the Companies’ Creditors Arrangement Act. The delisting hearing is expected to occur in early January 2020.For further information regarding the Company, please contact:Or: moreinfo@Lydianinternational.co.ukCaution regarding forward-looking informationCertain information contained in this news release is “forward looking”. All statements in this news release, other than statements...
CAPREIT Appoints New Member of Board of Trustees
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TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that Mr. René Tremblay has been appointed as a member of CAPREIT’s Board of Trustees effective January 1, 2020.Mr. Tremblay has over 35 years of experience in the real estate industry, having been involved in international investment and development for 25 years in numerous countries, including Brazil, Poland, France, Scotland, Spain, China, South Korea, Mexico, Germany, Canada, Luxembourg, Russia, Turkey and the United States. Mr. Tremblay joined Taubman Centers, a leader in the shopping center industry (NYSE: TCO) in 2010 as President of Taubman Asia where he was responsible for driving Taubman’s shopping center expansion in the Asia-Pacific Region....
Acasti Pharma Provides Update on Timing of Topline Results for TRILOGY 1 Phase 3 Trial of CaPre
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Expects to report Trilogy 1 topline results in January 2020with topline results for Trilogy 2 still expected by the end of January 2020LAVAL, Québec, Dec. 23, 2019 (GLOBE NEWSWIRE) — Acasti Pharma Inc. (“Acasti or the “Company”) (NASDAQ: ACST – TSX-V: ACST), a biopharmaceutical innovator focused on the research, development and commercialization of its prescription drug candidate CaPre® (omega-3 phospholipid) for the treatment of severe hypertriglyceridemia (triglyceride blood levels from 500 mg/dL to 1500 mg/dL), today announced that it expects to report its topline results for the TRILOGY 1 pivotal Phase 3 trial of CaPre in January 2020. The reporting of Trilogy 1 was postponed due to an unexpected delay in data processing and transfer from the central testing laboratory to the statistical consultants...
Nemaska Lithium Obtained Creditor Protection Under the Companies’ Creditors Arrangement Act
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MONTRÉAL, Dec. 23, 2019 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. (the “Corporation”) (TSX: NMX) (OTCQX: NMKEF) (Frankfurt: N0T) announced today it has obtained from the Superior Court of Québec protection from creditors under the Companies’ Creditors Arrangement Act (“CCAA”), to enable the Corporation to finalize its financing efforts in order to complete the construction and begin the operation of the Whabouchi project, following the previously announced cost reassessment.After careful consideration of all available alternatives following thorough consultation with its legal and financial advisors, the Board of Directors of the Corporation determined, on the recommendation of its special committee, that it was in the best interests of the Corporation and all of its stakeholders to file...
Nemaska Lithium a obtenu la protection contre les créanciers en vertu de la Loi sur les arrangements avec les créanciers des compagnies
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MONTRÉAL, 23 déc. 2019 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. (la « Société ») (TSX : NMX) (OTCQX : NMKEF) (Francfort : N0T) annonce aujourd’hui qu’elle a obtenu de la Cour supérieure du Québec la protection contre ses créanciers en vertu de la Loi sur les arrangements avec les créanciers des compagnies (la « LACC ») afin de permettre à la Société de mener à bien ses efforts de financement pour compléter la construction et commencer l’exploitation du projet Whabouchi, suivant la réévaluation des coûts annoncée précédemment.Après un examen attentif de toutes les solutions de rechange possibles à l’issue...
