Day: July 1, 2020

ENGLEWOOD, Colo., June 30, 2020 (GLOBE NEWSWIRE) — Gevo, Inc. (“Gevo”) (Nasdaq: GEVO), today announced that it has priced a public offering of an aggregate of 30,000,000 shares of common stock (or common stock equivalents), together with accompanying warrants to purchase up to an aggregate of 30,000,000 shares of common stock, at a public offering price of $0.60 per share and accompanying warrant.  Each share of common stock (or common stock equivalent) will be sold in the offering with one warrant to purchase one share of common stock.  The warrants have an exercise price of $0.60 per share, are immediately exercisable, and expire five years following the date of issuance. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The gross proceeds of the offering are expected to be $18.0 million, prior...

LIMA, Peru, June 30, 2020 (GLOBE NEWSWIRE) — Minera IRL Limited (“Minera IRL” or the “Company“), (BVL: MIRL) (CSE: MIRL), announces that it signed, on June 30th, 2020, the first amendment to the Memorandum of Understanding with Corporación Financiera de Desarrollo SA, (“Cofide”). In this way, both parties agreed to ratify the validity and effectiveness of the conversations held, during the period of National Emergency established by the Peruvian State, regarding the proposals and / or alternatives proposed by both and agreed to extend the validity of the Memorandum of Understanding for an additional 90 calendar days term counted from the signing of said Amendment, considering any additional delays corresponding to the National Emergency caused by COVID-19.Said period will be used to reach a transaction between...

HOUSTON, June 30, 2020 (GLOBE NEWSWIRE) — Sanchez Energy Corporation today announced that it has completed its financial restructuring and emerged from Chapter 11 as a privately held corporation under the name Mesquite Energy, Inc. (“Mesquite Energy” or the “Company”).In connection with the restructuring and pursuant to the plan of reorganization, the Company eliminated substantially all of the debt from its balance sheet, which totaled approximately $2.3 billion.           “We are excited to begin our new chapter as Mesquite Energy, a simpler and leaner company, guided by our core principles of cost discipline and production efficiency to create long-term value for our stakeholders,” said Cameron W. George, Interim Chief Executive Officer, Executive Vice President and Chief Financial Officer of Mesquite Energy. “With a clean balance...

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) — (CSE: REO) – Reservoir Capital Corp. (CSE: REO) (“REO” or the “Company“) announces that it has filed its annual financial statements for the fiscal year ended December 31, 2019 (the “Annual Financial Statements“), related management’s discussion and analysis (“MD&A”) and officer certificates on www.sedar.com, as required by applicable Canadian securities laws. The Company has worked closely with its auditor to overcome delays as a result of complexities caused by COVID-19 in Nigeria, Mauritius and Canada, and is now current on its continuous disclosure.On June 11, 2020, the Company announced that it would likely miss the filing deadline of June 15, 2020 to file its Annual Financial Statements, related MD&A and the related...

TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company“) (TSX.V: GOG) announces that it will hold an annual and special meeting of shareholders (the “Meeting”) on August 4, 2020. The record date for the shareholders entitled to vote at the Meeting has been set as at the close of business of June 22, 2020.The board of directors of the Company proposes to adopt an amended and restated By-Law No. 1 – General Corporate By-Law, relating to general corporate matters (the “General By-Law”), which rescinds and replaces the Company’s existing general corporate by-law. The General By-Law, among other provisions, contains provisions to ensure that the Company’s by-law remains consistent with evolving corporate laws and governance practices and guidelines. The General By-Law will become...

New York, June 30, 2020 (GLOBE NEWSWIRE) — Brilliant Acquisition Corporation (Nasdaq: BRLIU, the “Company”) announced today that it closed the full 600,000 unit over-allotment option of its initial public offering of 4,000,000 units, which itself closed on June 26, 2020. The overallotment exercise resulted in gross proceeds of $6,000,000.The Company’s units began trading on the Nasdaq Capital Market (“Nasdaq”) on June 24, 2020 and trade under the ticker symbol “BRLIU.” Each unit consists of one ordinary share, one right entitling the holder to 1/10 of one ordinary share, and one warrant to purchase one ordinary share at a price of $11.50. Once the securities comprising the units begin separate trading, the ordinary shares, rights, and warrants are expected to be listed on Nasdaq under the symbols “BRLI,” “BRLIR,” and “BRLIW,” respectively.Of...

CALGARY, Alberta, June 30, 2020 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Corporation“) announces the voting results for the election of directors at its annual meeting of shareholders held on June 25, 2020 (the “Meeting“). The following six nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favor of individual nominees as follows:For complete voting results, please see our Report of Voting Results which is available through SEDAR at www.sedar.com.InPlay and our banking syndicate have agreed to extend the completion of the annual borrowing base redetermination from June 30, 2020 to July 14, 2020.InPlay...