Month: December 2020

CALGARY, Alberta, Dec. 07, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or Company) today announced that it has established an at-the-market equity program (ATM Program) that allows the Company to issue common shares from treasury (Common Shares) having an aggregate gross sales price of up to $1.0 billion, or its U.S. dollar equivalent, to the public from time to time, at the Company’s discretion, at the prevailing market price when sold through the Toronto Stock Exchange (TSX), the New York Stock Exchange (NYSE) or any other applicable existing trading market for the Common Shares in Canada or the United States (ATM Offering). The formal establishment of the ATM Program, which is effective for a 25-month period, is consistent with the intent to do so announced by the Company in conjunction...

WALTHAM, Mass., Dec. 07, 2020 (GLOBE NEWSWIRE) — Repligen Corporation (NASDAQ: RGEN) today announced the pricing of an underwritten public offering of 1.5 million shares of its common stock at a public offering price of $181 per share. In addition, Repligen Corporation has granted the underwriters a 30-day option to purchase up to an additional 225,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. Repligen expects proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, to be approximately $271.5 million, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on or about December 10, 2020 subject to customary closing conditions.Cautionary Language Concerning...

VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that the board of directors will approve the financial results of the Company and its subsidiaries for the first quarter of 2020 on Thursday, December 17, 2020. These results will be released on Thursday, December 17, 2020.CONTINUED SUSPENSION OF TRADINGTrading in the common shares of the Company on the TSX and Hong Kong Stock Exchange has been suspended since June 19, 2020 and August 17, 2020 respectively and will remain suspended until further notice.About SouthGobiSouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. SouthGobi produces and sells coal to customers in China.Contact:Investor RelationsOffice:...

New York, NY, Dec. 07, 2020 (GLOBE NEWSWIRE) — Mudrick Capital Acquisition Corporation II (the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced today that it priced its initial public offering of 27,500,000 units at $10.00 per unit. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on post-restructured and distressed companies.  The Company is led by Chief Executive Officer and Chairman of the Board of Directors, Jason Mudrick, Chief Financial Officer, Glenn Springer, Vice President, Victor Danh and Vice President, David Kirsch.The units will be listed on the Nasdaq Capital Market...

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATON INTO THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) — Canterra Minerals Corporation (CTM-TSX.V) (“Canterra” or the “Company”) is pleased to announce that it has received TSX Venture Exchange (“Exchange”) conditional approval for its proposed acquisition (the “Acquisition”) all of the issued and outstanding securities of Teton Opportunities Inc. (“Teton”), previously announced on November 9, 2020. As previously disclosed, Teton is a private, arm’s‐length British Columbia which holds an option with a subsidiary of Altius Minerals Corp. to acquire the Wilding Lake Project located in central Newfoundland, Canada. Details regarding the terms of...

VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (“Rover Metals” or the “Company”) is pleased to announce that it has entered into a definitive assignment agreement, dated December 4, 2020, to assign the First Option of the Up Town Gold Option Agreement (the “Up Town Assignment Agreement” or the “Agreement”). The Agreement has been entered into with Silver Range Resources Inc. (TSXV: SNG) and a private company, Melius Capital Corp (“Melius Capital”).Up Town Gold Assignment AgreementThe Agreement calls for:Rover Metals to receive $350,000 in up front compensation from Melius Capital upon achieving the closing milestones of the Agreement;Rover Metals is to assign the First Option of the Up Town Gold Option Agreement to Melius Capital;An extension is to be granted for the...

TORONTO, Dec. 07, 2020 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM | TSX: XAM) (Xanadu or the Company) is pleased to announce a significant expansion to mineralisation at the Company’s Kharmagtai copper and gold Project, located within the South Gobi, Mongolia. Kharmagtai is an emerging copper and gold project, within the highly prospective South Gobi Desert, which the Company believes has the potential to be a globally significant, gold rich copper project.HighlightsPhase 1 program has completed 17,000 metres out of a 23,000 metre plan, resulting in significant expansion to the mineralised system at Kharmagtai, with ~9,800 metres of assays still pending.Includes drilling at the Zaraa Prospect which intersected extensive zones of anomalous copper and gold mineralisation, more than doubling the size of the immediate target zone.Also...

OAKLAND, Calif., Dec. 07, 2020 (GLOBE NEWSWIRE) — Community Bank of the Bay (the “Bank”) (OTCPink:CBYAA), announced that, after having received all regulatory and shareholder approvals necessary for the reorganization of the Bank into a bank holding company format, that it consummated the reorganization as of December 7, 2020. Effective the close of business on December 7, 2020, Bay Community Bancorp (“Bancorp”) will become the bank holding company for the Bank. Trading of Bay Community Bancorp’s, Series A Voting Common Stock, will begin on Tuesday, December 8, 2020, under the symbol “CBOBA.” The reorganization will be completed through a share exchange in which the Bank’s shareholders will receive one share of common stock of Bay Community Bancorp in exchange for each share of the Bank’s common stock.“We plan to use...

TULSA, Okla., Dec. 07, 2020 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in the third quarter of fiscal 2021 totaling in excess of $66.8 million and the active sales consultants in the Company’s Usborne Books and More (UBAM) Sales Division grew to over 60,400 as of November 30, 2020.Per Randall White, Chief Executive Officer, “We continue to report record breaking sales and have just completed our largest quarter in history.  Our fiscal third quarter net revenues exceeded $66.8 million, an increase of $26.0 million, or 63.7%, over the fiscal third quarter last year.  This level of growth could not have been achieved without our increase in sales consultants, the investments we have made in the business,...