Day: January 29, 2021

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX) is pleased to announce that Laura Bastias will join the board of the company as an independent director.Ms Bastias is a highly respected San Juan-based lawyer with extensive experience in mining and corporate law.Dr. Rohan Wolfe, Chief Executive Officer, states:“Laura is a highly regarded lawyer with extensive experience in Argentine mining law and brings an impressive range of skills, capabilities and qualities to the board. Her knowledge of the local mining, permitting and corporate environment is remarkable, and her balanced perspective will serve her well as an independent director. I welcome Laura on to the Board and we look forward to working with her.”Laura is a lawyer with over 10 years’...

HAUPPAUGE, N.Y., Jan. 29, 2021 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC PINK:ORBT), an electronics manufacturer and software solution provider, today announced that its application for forgiveness of its $1,606,000 loan from People’s United Bank under the Paycheck Protection Program (“PPP”) under the Coronavirus Aid, Relief and Economic Security Act (“the CARES Act”), has been approved by the Small Business Administration.Mitchell Binder, President and CEO of Orbit International commented, “We are still dealing with the latest wave of the severe consequences of this pandemic. As previously mentioned, we made several changes throughout our organization to deal with the health and safety of our employees and productivity has suffered as a result.  In addition, bookings and revenue for certain areas of our business have also...

EL DORADO, Ark., Jan. 29, 2021 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) today announced that it has successfully completed its acquisition of Quick Chek Corporation (“QuickChek”).As a result of this transaction, Murphy USA significantly enhances its network, adding 157 high performing stores located in the Northeast and growing its total station count to more than 1,650.“We are extremely excited to welcome nearly five thousand QuickChek employees to the Murphy USA family as we begin our joint value-creation journey together,” says President and CEO Andrew Clyde. “The future remains bright for the combined organization as we kick off the first 100 days of our integration plan where best practices and unique capabilities across each company will contribute to a more compelling value proposition for our customers, our employees,...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre” or the “Company”) (TSX Venture Exchange: VO) today announced the intent to complete a non-brokered private placement (the “Offering”) of up to 12,000,000 units (the “Units”) at a price of CDN$0.30 per Unit for gross proceeds of up to CDN$3,600,000. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each whole Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.45 per Share for a period of 24 months from the date of issuance.Certain...

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT) (FRANKFURT: A2QEUB) (OTCQB: PCRCF) announces that it has made application to the Canadian Securities Exchange (the “Exchange“), to extend the term of common share purchase warrants (the “Warrants“) that were issued under the Company’s private placement of units completed on February 6, 2020, that were set to expire on February 6, 2021. The Warrants had an exercise price of $0.16 per common share and there were 6,184,704 issued and outstanding prior to the 6.5 to 1 share consolidation the Company completed on September 24, 2020 (the “Consolidation”). Following completion of the Consolidation, 951,493 Warrants remain issued and outstanding with an exercise price of $1.04 per Warrant. Insiders...

MISSISSAUGA, Ontario, Jan. 29, 2021 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the Board of Directors of the Company has approved the following grants pursuant to the Company’s Omnibus Long-Term Incentive Plan (the “Plan”).The Company has granted stock options to various senior officers and employees exercisable into an aggregate of 4,067,500 common shares, of which 2,080,000 options were granted to senior officers. All of the stock options are exercisable at $0.15 per share with a 30 month term, with 20% of the options vesting immediately and 20% vesting every 6 months thereafter.The Company has also granted an aggregate of 2,526,980 restricted share units (“RSUs”) to various senior officers and employees in accordance with the Plan, of which 725,214 RSUs were granted to...

TORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (”Mandalay” eller ”Företaget”) (TSX: MND, OTCQB: MNDJF) har nöjet att tillkännage preliminära uppgifter rörande de initiala förekomsterna i en nyligen upptäckt horisontell ådring under och i förbindelse med Youle-fyndigheten vid sin Costerfield-verksamhet (Victoria, Australien).Viktiga punkter:460,5 g/t guld över en delvis återvunnen sann bredd på 0,11 m i BC176, och165,1 g/t guld över en sann bredd på 0,20 m i BC176W1 kilhålet invid BC176.Noteringar:Sann bredd för BC176 gäller enbart utvunnen kärna. Det finns cirka ytterligare cirka 40 % kärna i form av åder som inte utvunnits.Ytterligare detaljer kring förekomsten finns i tabell 1 i bilagan till detta dokument.Dominic Duffy, Mandalays President och Chief Executive Officer noterade, ”Vi är mycket uppmuntrade...

NOT FOR DISTRIBUTION IN THE UNITED STATESCALGARY, Alberta, Jan. 29, 2021 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Corporation”) announces that it has completed certain transactions contemplated by a Bankruptcy and Insolvency Act (Canada) proposal (the “Proposal”) filed by Zargon, Zargon Oil & Gas Partnership (“Zargon Partnership”) and Zargon U.S. Holdings Ltd. (“Zargon US”), through their proposal trustee MNP Ltd. The Proposal provides for, among other things, the compromise and settlement of claims of creditors of Zargon, Zargon Partnership and Zargon US (the “Creditors”) and a reorganization of the share capital of Zargon under the Business Corporations Act (Alberta) (the “Reorganization”). The Proposal was approved by the Creditors on December 4, 2020....

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, Jan. 29, 2021 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company“) (TSXV: RZE) announces that it has secured an interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation (“AIMCo”). The Company has reached an agreement with AIMCo to extend the maturity date from January 31, 2021 to February 5, 2021 in order to complete necessary documents and registrations related to an extension of the facility.For additional information please contact:Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies...

TORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: AH, OTC: ALEAF) (“Aleafia Health” or the “Company”) today announced that Rhonda Lawson has resigned as a director of the Company.“I would like to sincerely thank Rhonda for her contributions to Aleafia Health. She will be truly missed,” said Acting Chair Lea Ray. “Her independent thinking and expertise were significant assets to the Company, serving us well in our continued growth over the last year.”For Investor & Media Relations:Nicholas Bergamini, VP Investor Relations1-833-879-2533IR@AleafiaHealth.comLEARN MORE: www.AleafiaHealth.comAbout Aleafia Health:Aleafia Health is a vertically integrated and federally licensed Canadian cannabis company offering cannabis health and wellness services and products in Canada and in international markets. The Company...