Month: June 2020

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,...

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,...

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...

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...

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...

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...

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...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, June 24, 2020 (GLOBE NEWSWIRE) — Luminex Resources Corp. (TSXV: LR) (the “Company” or “Luminex”) is pleased to announce the closing of its previously announced private placement financings (refer to the Company’s press releases dated June 3, 2020 and June 5, 2020) to raise an aggregate of C$13 million (the “Offering”). A total of 10,886,000 common shares (“Shares”) were sold at a price of C$0.70 per Share (the “Offering Price”) under the brokered portion of the Offering, and an additional 7,685,714 Shares were sold at the Offering Price under the non-brokered portion of the Offering. The brokered portion of the Offering was completed through a syndicate of agents (the “Agents”) led by Haywood Securities...

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining24 June 2020Vast Resources plc(“Vast” or the “Company”)Subscription to raise £109,800 before costsVast Resources plc, the AIM-listed mining company, is pleased to announce that further to its announcement of 22 June 2020 relating to a Placing to raise £1,486,900 before costs (the “Placing”), it has now raised as contemplated a further amount in aggregate of £109,800 before costs through a subscription (the ‘Subscription’) of 61,000,000 ordinary shares of 0.1p in the Company (‘Ordinary Shares’) at a price of 0.18p per Ordinary Share (the ‘Subscription Shares’), being the same price as the Placing.Application has been made to AIM for the Subscription Shares, which will rank pari passu with existing Ordinary Shares, to be admitted to trading AIM (‘Admission’).  It is expected...

TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART),  the global leader in the development, production and distribution of high-quality, low latency hologram and digital content is pleased to announce that it has entered into an exclusive US Reseller Agreement with Almo Professional A/V, the Pro Audio Visual industry’s most dynamic distributor, and creator of the award-winning E4 Experience.  This deal will provide sales and technical expertise in 32 major US markets, tapping into Almo’s 68 sales and business development professionals covering every state in the nation.Almo will offer ARHT’s HoloPresence technology, which is capable of delivering lifelike holograms, as well as ARHT’s premium online presentation platform known as the Virtual Global Stage™(VGS™) through their vast commercial...