Day: January 5, 2021

NASA Sets Date for First Hot Fire Test of Space Launch System Core Stage

STENNIS SPACE CENTER, Miss., Jan. 05, 2021 (GLOBE NEWSWIRE) — Four Aerojet Rocketdyne RS-25 engines are being targeted to hot fire in unison for the first time on Jan. 17 as part of NASA’s Space Launch System (SLS) Green Run test series. These engines will power the SLS rocket as the U.S. prepares to return humans to the Moon to stay and then on to Mars.The upcoming 493-second hot fire test will mirror the engines’ thrust profile in flight and is the main event of the SLS Core Stage Green Run test series that has been underway since January 2020.“The Core Stage Green Run includes several first-time events for the world’s largest rocket stage, including the first firing of all four RS-25 engines together,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Our RS-25 team has been working hand-in-hand with NASA and core...

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Brookfield Renewable Announces Reset Distribution Rate on Its Series 7 Preferred Units

BROOKFIELD, NEWS, Jan. 05, 2021 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (“Brookfield Renewable”) (NYSE: BEP; TSX: BEP.UN) today announced that it has determined the fixed distribution rate on its Class A Preferred Limited Partnership Units, Series 7 (“Series 7 Units”) (TSX: BEP.PR.G) for the five years commencing February 1, 2021 and ending January 31, 2026.Series 7 Units and Series 8 UnitsIf declared, the fixed quarterly distributions on the Series 7 Units during the five years commencing February 1, 2021 will be paid at an annual rate of 5.50% ($0.343750 per unit per quarter).Holders of Series 7 Units have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on January 18, 2021, to reclassify all or part of their Series 7 Units, on a one-for-one basis, into Class A Preferred Limited Partnership...

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Green Brick Partners, Inc. Announces the Acquisition and Development of Five Communities in Dallas-Fort Worth

Homebuilder Purchases Over 2,000 Paper Lots in DecemberPLANO, Texas, Jan. 05, 2021 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (NASDAQ: GRBK) (“Green Brick”) today announced the acquisition and development of five communities across the Dallas-Fort Worth metroplex for over 2,000 homes. The communities will be located in the cities of Red Oak, Prosper, Celina, and Princeton, Texas.“In an effort to fuel further expansion and keep up with record-demand for homes, we have closed on over 2,000 homesites in the DFW region during December 2020,” said Jed Dolson, Chief Operating Officer of Green Brick Partners. “Prosper, Celina, Princeton, and Red Oak are great places to live and work, and areas where we are seeing demand for new construction greatly outpacing supply.”Of the five communities, two will be expansions into future phases...

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Maxim Power Corp. Announces Officer Appointments and the Receipt of Line Loss Proceedings Payment

CALGARY, Alberta, Jan. 05, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX:MXG) announced today that Mr. Kyle Mitton currently Vice President, Corporate Development, has been appointed Chief Financial Officer and Vice President, Corporate Development. Mr. Mitton is a Professional Engineer with over fifteen years of experience in the power industry. After joining the Corporation in 2005, Mr. Mitton has held increasingly senior positions and covered multiple facets of the organization, including operations, energy marketing, and corporate development. Mr. Mitton played a senior role in negotiating and structuring credit facilities related to MAXIM’s 204 MW M2 power plant.The Corporation also announced that Mr. Kevin Dyck currently Controller, has been appointed Vice President, Finance and Controller....

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Titanium Transportation Group Announces Grant of Long Term Incentive Stock Options

BOLTON, Ontario, Jan. 05, 2021 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX VENTURE:TTR) announces that the Company has granted an aggregate of 335,300 stock options to employees, directors and an officer of the Company.  Each option entitles the holder to purchase one common share of the Company at an exercise price of $2.60 for a period of 10 years.  Employee stock options vest over a period of six years, with half vesting after three years.  Director stock options vest over a period of three years, with a third vesting after each completed year.The option grants were made in accordance with the provisions of the Company’s Stock Option Plan and are subject to approval by the TSX Venture Exchange.About TitaniumTitanium is a leading asset-based transportation and...

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Gold Standard Ventures Announces Senior Leadership Changes

VANCOUVER, British Columbia, Jan. 05, 2021 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) today announced the appointment of three seasoned senior executives to help its primary objective of advancing the South Railroad Project (“SRP”) towards permitting, construction, and ultimately production. The Company concurrently announces the departures of Michael Waldkirch, Chief Financial Officer; Glenn Kumoi, Vice President, General Counsel and Corporate Secretary; and William “Bill” Gehlen, Manager, Corporate Development. Joining the Company are:Lawrence “Larry” Radford, Chief Operating Officer, effective January 4, 2021.Mr. Radford has held senior operational roles at Hecla Mining, Kinross Gold, and Barrick Gold. He brings a strong background in project construction...

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Range Announces Pricing of Upsized $600 Million Offering of Senior Notes

FORT WORTH, Texas, Jan. 05, 2021 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced today that it has priced at par an offering of $600 million aggregate principal amount of senior notes due 2029 (the “Notes”), which will carry an interest rate of 8.25%. Range expects that the net proceeds of the offering will be approximately $590.8 million. Range intends to use the net proceeds from the offering for general corporate purposes, including the repayment of borrowings under its bank credit facility. The size of the offering was increased from the previously announced $500 million to $600 million.Range expects to close the sale of the Notes on January 8, 2021, subject to the satisfaction of customary closing conditions.The Notes have not been registered under the Securities Act of 1933,...

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Sunstock Inc. Purchases 10 Ounces of Gold Bars

SACRAMENTO, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) — Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, today announces it has purchased 10 ounces of gold bars for $19,720.“We are pleased to announce our first investment of the New Year,” stated Sunstock CEO Jason Chang. “Gold prices increased 24.1% last year, and we anticipate continued growth in 2021, driven by weakness in the U.S. dollar, inflation and broader market concerns surrounding monetary policies of the incoming administration and additional stimulus measures. Our plan is to keep a close eye on the markets and acquire inventory at prices favorable to our business model.”Sunstock’s continues to build its inventory of gold, silver and rare coins, giving shareholders the opportunity to invest in the precious metals sector while...

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Digihost Announces Fully Subscribed Private Placement of Common Shares and Debt Settlement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESVANCOUVER, British Columbia, Jan. 05, 2021 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCPK: HSSHF) is pleased to announce a fully subscribed private placement of common shares (the “Shares”) sold at $0.79 per share for gross proceeds of $283,400 (the “Offering”). Completion of the Offering is expected within five business days and is subject to approval of the TSX Venture Exchange and closing.The Offering has been placed with investors based in the United States and Europe. The Shares issued pursuant to the Offering will be subject to a statutory hold period of four months and one day in accordance with applicable...

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Intellitronix Hits All Time High in Record Sales in One Week Surpassing $600,000 at 2020 Year-End

Intellitronix continues to break sales records beating previous weeks by well over half a million dollars and reaching this pinnacle in the last week of 2020.EUCLID, Ohio, Jan. 05, 2021 (GLOBE NEWSWIRE) — Intellitronix Corporation, a wholly-owned subsidiary of the US Lighting Group, Inc. (OTC:USLG) and a leading automotive electronics manufacturer, announced today that the company topped weekly sales totals by over six hundred thousand dollars for the last week in 2020.“To close out the year with new sales orders valued at over $600,000 for a single week is an astounding feat, especially during a global pandemic. Intellitronix credits the increase in orders to a rise in demand for its automotive products including analog and digital gauges for classic cars and trucks, and private labeled products,” said Paul Spivak, CEO of the US...

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