Day: June 24, 2020
SAN FRANCISCO, June 24, 2020 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq:SSSS) today issued the following statement to provide additional clarity regarding the name change from Sutter Rock Capital Corp. to SuRo Capital Corp., previously announced on Friday, June 19, 2020:On March 12, 2020, a complaint was filed in the United States District Court in the Northern District of California by Sutter Hill Ventures (“Sutter Hill”) alleging that we infringed on Sutter Hill’s federally-registered service mark. Sutter Hill was seeking an injunction from our use of the SUTTER ROCK and SUTTER ROCK CAPITAL marks and trade names, an unspecified amount of damages and disgorgement of our profits, a determination that the alleged infringement was willful, intentional and deliberate, warranting an award to Sutter...
Datametrex Correction of Previous Press Release
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TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex“) (TSXV: DM, FSE: D4G, OTC: DTMXF) wishes to state that the quote by Pierre Gratton, President and CEO of the Mining Association of Canada, was included in error in its previous press release titled “Datametrex Completes Shipping of Second $500,000 Purchase Order to Canadian Mining Company” from June 24, 2020 as it may be taken out of context.The Company did not intend to imply an endorsement from Mr. Gratton nor the Mining Association of Canada for Datametrex or any of its subsidiaries.Datametrex applauds the efforts of the Mining Association on their prevention measures and respects the commitment of Mr. Gratton of staying neutral in his statements to focus on the issues at hand.This correction does not change...
Harte Gold Provides Corporate Update and Announces Results from Annual and Special Meeting of Shareholders
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TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce that it held its annual and special meeting of shareholders earlier today (the “AGM”). At the AGM, management of the Company provided a corporate update, the highlights of which included, among others:Mine Restart – The Company has completed a detailed restart and 18-month operating plan for the Sugar Zone Mine, which will see the mine return to 800 tpd by the end of the year. In the meantime, the care and maintenance teams continue to keep the mine in good stead for recommencement of operations.Transition to Owner-Operator – Steps are being taken to transition to owner-operator mining concurrently with a restart of the Sugar Zone Mine. Discussions are underway with the Company’s...
Petroteq Announces Amendment to Securities and Shares for Debt
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SHERMAN OAKS, Calif., June 24, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announces the amendment of three convertible debentures and three warrants issued to an arm’s length lender between July 2019 and October 2019.Pursuant to an agreement between the parties, the parties intend to amend the conversion price applicable to the purchase price (US$650,000) of the US$780,000 principal amount convertible debentures from US$0.17, US$0.19 and US$0.21 to US$0.037.In addition, the parties intend to amend the exercise price of three warrants issued to the lender exercisable for up to 3,444,639 common shares of the Company from US$0.20,...
Basilea successfully places CHF 125 million senior convertible bonds
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPANBasel, Switzerland, June 24, 2020With the envisaged issuance of the Bonds, Basilea aims to extend its debt maturity profile and to optimize its debt structure, targeting part of the outstanding senior unsecured convertible bonds due 2022 issued by the Issuer (the “Outstanding Convertible Bonds”).The proceeds from the offering will be used to finance a planned tender offer for the Outstanding Convertible Bonds and for general corporate purposes. In accordance with the Articles of Association, the aggregate principal amount of the Outstanding Convertible Bond and the Bonds will not exceed CHF 250 million upon completion of the transaction.On the back of the successful pricing and provisional allocation today,...
Basilea platziert erfolgreich vorrangige Wandelanleihen im Umfang von CHF 125 Millionen
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPANBasel, 24. Juni 2020Basilea Pharmaceutica AG (SIX: BSLN, die „Emittentin“) schloss erfolgreich das Angebot einer vorrangigen, ungesicherten Wandelanleihe in Höhe von CHF 125 Millionen mit Fälligkeit 2027 (die „Anleihe“) ab und übte eine Erhöhungsoption in Höhe von CHF 25 Millionen voll aus. Die provisorische Allokation unter der Erhöhungsoption untersteht einer proportionalen Reduktion basierend auf der Anzahl Ausstehender Wandelanleihen, die im Rückkaufangebot angedient werden. Das Angebot stiess auf eine bedeutende Nachfrage von nationalen und internationalen Investoren.Mit der geplanten Emission der Anleihen beabsichtigt Basilea, ihr Fälligkeitsprofil zu verlängern und ihre Schuldenstruktur zu optimieren, wobei dafür...
Sugarbud Announces Closing of Fully Subscribed $4.0 Million Public Offering of Secured Convertible Debenture Units and Provides Corporate Update
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.CALGARY, Alberta, June 24, 2020 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT) (“Sugarbud” or the “Company“) is pleased to announce the closing of its previously announced public offering (the “Offering”) of secured convertible debenture units of the Company (each, a “Debenture Unit“), for aggregate gross proceeds of $4,000,000 (the “Offering”). The Offering was led by Mackie Research Capital Corporation as sole bookrunner and lead agent (the “Agent”).The net proceeds received by Sugarbud from the Offering are intended to be used to expand its cultivation capabilities in Phase 1a of the Stavely...
Monument Announces the Appointment of Interim CFO
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VANCOUVER, British Columbia, June 24, 2020 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce the appointment of Luther Nip as Interim CFO.“I am very pleased to report the appointment of Luther Nip as the Company’s Interim CFO and welcome him to our management team, as the Company moves its multiple projects in Malaysia and Western Australia forward,” remarks Cathy Zhai, President & CEO of Monument Mining: “I believe his extensive experience will be invaluable to the Company.”Mr. Nip has over 20 years of financial reporting, audit and business advisory experience primarily in mining industry. Previously, he has worked for Grant Thornton LLP as Senior Manager, and Ernst and Young LLP as Manager of Assurance Services. He also provided accounting and tax services...
CORRECTION – BrainsWay Reports First Quarter 2020 Financial Results and Operational Highlights
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PATTERSON, N.J. and JERUSALEM, June 24, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today, June 24th, by BrainsWay Ltd. (NASDAQ & TASE: BWAY), please note that, in the first table, CONSOLIDATED STATEMENTS OF FINANCIAL POSITION, line item five under CURRENT ASSETS should read “24,735” instead of “4,735.” The corrected release follows:BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in the advanced non-invasive treatment of brain disorders, today reported financial results for the quarter ended March 31, 2020, and provided an operational update.Recent Financial and Operational HighlightsFor the three months ended March 31, 2020, the impact of the temporary shutdown of certain physician offices due to COVID-19 resulted in revenues...
Worthington Industries Declares Increase in Quarterly Dividend
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COLUMBUS, Ohio, June 24, 2020 (GLOBE NEWSWIRE) — The board of directors of Worthington Industries, Inc. (NYSE: WOR) has declared a quarterly dividend of $0.25 per share, an increase of $0.01 per share from the prior quarter. The dividend is payable on Sept. 29, 2020, to shareholders of record Sept. 15, 2020. Worthington has increased its dividend for 10 consecutive years and has paid a quarterly dividend since it became a public company in 1968.About Worthington IndustriesWorthington Industries (NYSE:WOR) is a leading industrial manufacturing company delivering innovative solutions to customers that span many industries including transportation, construction, industrial, agriculture, retail and energy. Worthington is North America’s premier value-added steel processor and producer of laser welded products; and a leading global supplier...