Month: September 2020

TORONTO, Sept. 29, 2020 (GLOBE NEWSWIRE) — Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce that the Company has entered into an agreement to acquire a gold property located in the east of the Val d´Or mining camp, Province of Quebec (the “Property”). The Property consists of 31 contiguous map-designated claims (cells) covering 1,784 Ha of gold potential geology in the center of Vauquelin township (NTS 32C03) approximately 40 km east of the town of Val d’Or, a major gold mining centre in Northwestern Quebec.On execution of the purchase agreement between the vendors, Mr. Mike Lavoie and Ass., well known and experienced gold prospectors in the mineral exploration scene throughout the region, the Company paid the vendors an aggregate cash payment of $30,000.00 as part of the purchase...

VANCOUVER, British Columbia, Sept. 29, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that the TSX Venture Exchange has accepted for filing documentation pertaining to Novo’s terms sheet with Kalamazoo Resources Ltd. (“Kalamazoo”) dated September 22, 2020 (the “Terms Sheet”) whereby Novo has been granted an option to acquire an initial 50% interest in Kalamazoo’s Queens Project in Victoria, Australia. Accordingly, Novo has initiated the six-month due diligence period under the Terms Sheet. Please see the Company’s news release dated September 22, 2020 for further details.The Company has issued 24,883 common shares to Kalamazoo which are subject to a statutory hold period expiring on January 29, 2021.About Novo Resources Corp.Novo is advancing its flagship...

LUBBOCK, Texas, Sept. 29, 2020 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, announced today the completion of its private placement of $50.0 million in fixed-to-floating rate subordinated notes due 2030 (the “Notes”). The Notes bear interest at a fixed rate of 4.50% for the first five years, and the interest rate will reset quarterly thereafter to the then current three-month Secured Overnight Financing Rate, as published by the Federal Reserve Bank of New York, plus 438 basis points. The Company is entitled to redeem the Notes, in whole or in part, on any interest payment date on or after September 30, 2025, or at any time, in whole but not in part, upon certain other specified events.The Notes are intended to qualify as Tier 2 capital for South...

ALLIANCE DEVELOPPEMENT CAPITAL SIICRESULTATS SEMESTRIELS 2020A Bruxelles, le 29/09/2020 à 18 heures 30Information réglementée – information privilégiéeFaits MarquantsPatrimoine41,6 Millions d’euros(en juste valeur)Résultat net consolidéPart du groupe+1 209 K€Résultat net globalPart du groupe+1 221 K€ANR0,388 € / ActionCours du 28/09/2020 :0,083 € /ActionSoit une décote de 78,6% par rapport à l’ANRUn patrimoine immobilier évalué à 41,6 Millions d’euros hors droits selon les expertises réalisées au 30 juin 2020.Un patrimoine constitué des murs d’un hôtel 4 étoiles sis rue du Faubourg St Honoré à Paris (8ème), détenu à 85 % via une filiale, et d’un appartement parisien (7ème) en nue-propriété.Une participation de 19,5 M€ dans la société Dual Holding, détenant directement ou indirectement trois biens immobiliers situés à Milan (Italie) et...

NEW YORK, Sept. 29, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE:ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today announced it has closed a financing transaction with an institutional lender for $33 million and used a portion of the proceeds to retire its short-term $11 million secured convertible note. The loan is unsecured, matures in three years, and bears a 7.5% annual interest rate.“Access to low-cost capital, even in a very challenging capital market environment for cannabis, has always been a core part of our strategy,” said Bill Van Faasen, Interim CEO of Acreage. “The retirement of the potentially dilutive, short-term convertible debt and the additional cash infusion bolsters our balance sheet enabling us to continue to deliver on our shareholder commitments to accelerate our path to profitability.”ABOUT...

VANCOUVER, British Columbia, Sept. 29, 2020 (GLOBE NEWSWIRE) — Azucar Minerals Ltd. (“Azucar” or the “Company”) (TSX-V: AMZ; OTCQX: AXDDF) is pleased to announce completion of its initial mineral resource estimate (MRE) with respect to the Norte Zone of the El Cobre porphyry copper-gold project (“El Cobre Project”, or the “Project”) in Veracruz State, Mexico.The Norte Zone is one of five copper-gold porphyry zones identified to date within the El Cobre Project and has been the focus of the majority of exploration work conducted at the El Cobre Project since 2016 (see Figure 1, Exploration Targets).Highlights:Indicated Mineral Resource of 1.2Moz AuEq (million ounce gold equivalent) using the base case NSR (net smelter return) cutoff of US$12/tonne, comprised of 47.2 million tonnes grading at 0.77 g/t AuEq...

CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Shaw Communications Inc. (“Shaw”) will be releasing its consolidated results for the Fourth Quarter (ending August 31, 2020) on Friday, October 30, 2020 at 6:00 am Mountain Time (8:00 am Eastern Time).A conference call with Shaw Senior Management and the financial community is scheduled as follows. Press/Media and the public will be able to participate in listen-only mode.Conference Call Details:Friday, October 30, 2020 at 7:00 am Mountain Time; 9:00 am Eastern TimePlease call 5 to 10 minutes before the start of the conference callReplay Dial In: available until Friday, December 11, 2020Canada & USA Toll Free: 1-855-669-9658Code: 5323 followed by the # signWebcast:You can listen to the live or recorded broadcast at:http://services.choruscall.ca/links/shawq420201030.htmlThe...

WESTLAKE VILLAGE, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing and commercializing treatments for unmet needs in immune-mediated dermatological diseases and conditions, or immuno-dermatology, today announced the commencement of an underwritten public offering of 4,000,000 shares of its common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to 600,000 additional shares of its common stock.Concurrent with the completion of the public offering, Arcutis expects to sell to OrbiMed Advisors, LLC, an affiliate of one of the Company’s directors, $35.0 million of shares of its common stock in a private placement exempt from the registration requirements of the Securities Act of 1933, as...

CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Media Advisory – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and Natural Law Energy (NLE) today announced they have signed a Memorandum of Understanding (MOU) for NLE to pursue an equity interest in the Keystone XL Project and other potential related midstream and power projects. This MOU exemplifies the strong commitment TC Energy and NLE have made to create a meaningful and significant long-term partnership. A final agreement between TC Energy and NLE is expected to be completed in the fourth quarter of 2020, formalizing NLE’s participation in the Keystone XL Project.“Today’s announcement is a testament to what we can accomplish when industry and Indigenous groups work together,” said Chief Alvin Francis, President of NLE. “This historic agreement is an important step...

CALGARY, Alberta, Sept. 29, 2020 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today announced commissioning is complete at the third field at the Liwan Gas Project offshore China.As a result of strong cooperation between Husky and its long-time partner CNOOC, the seven-well Liuhua 29-1 project was completed safely, ahead of schedule and $100 million below budget despite the COVID-19 pandemic and associated global economic volatility. First gas is expected to be delivered to end users starting in early November.“The startup of Liuhua 29-1 just two years after the project was sanctioned is a significant milestone for Husky and CNOOC,” said CEO Rob Peabody. “This third field will provide Husky with additional stability in funds from operations.”The 29-1 field is tied into the existing infrastructure at Liwan, which includes the Liwan...