Month: February 2021

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to announce the retirement of US$7.0 million of convertible debt provided by YA II PN and Riverfort Global Opportunities PLC (collectively, the Investors). The Investors have advised us that they have sold all their shares through normal course sales in the market.Mr. Stephen Mullowney, Chief Executive Officer (TanGold), commented, “We would like to thank both Riverfort and YA for their original and future support as we continue to move forward the Buckreef Gold Project in Tanzania with our joint venture partner, the State Mining Corporation (STAMICO).”About Tanzanian Gold CorporationTanzanian Gold Corporation along with its joint venture partner, STAMICO is building a significant gold project at...

VANCOUVER, British Columbia, Feb. 02, 2021 (GLOBE NEWSWIRE) — Clean Power Capital Corp. (CSE: MOVE)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or “MOVE”). The Company is pleased to appoint Michael Andretti, Chairman and CEO of Andretti Autosport and founding partner of The Andretti Group to the advisory board of PowerTap Hydrogen Fueling Corp. (“PowerTap”). As previously announced on October 28, 2020, the Company invested in PowerTap as part of its investment strategy in the hydrogen sector.Second-generation auto racing legend Michael Andretti, the namesake of international racing enterprise Andretti Autosport, hung up his helmet in 2003 making the full-time transition from driver to business leader. Andretti leads his businesses with the same focus and determination he showed behind the wheel of a race car...

BEIJING, China, Feb. 01, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 5,379 Li ONEs in January 2021, representing a 355.8% year-over-year increase and resulting in cumulative deliveries of 38,976 vehicles.The Company also announced the establishment of a new research and development (“R&D”) center in Shanghai, China dedicated to the development of cutting-edge electric vehicle technologies. These technologies include high-voltage platforms, ultra-fast charging technologies, autonomous driving technologies, next generation intelligent cockpits, operating systems and computing platforms. This R&D center will have end-to-end development capabilities for new models. The R&D center has already...

ALISO VIEJO, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) — Laguna Treatment Hospital, an American Addiction Centers facility and leading provider of substance use treatment services, has named veteran healthcare executive Barbara Kennedy as its new CEO. Kennedy has decades of leadership experience and is looking forward to building upon Laguna’s reputation for clinical excellence.The Orange County facility is one of a few chemical dependency recovery hospitals in the state of California. To learn more about Laguna Treatment Hospital, visit https://lagunatreatment.com/detox-hospital-california/facility/.For more than 25 years, Kennedy has been at the helm of a number of healthcare entities focused on various areas of care, including mental health. Prior to Laguna Treatment Hospital, Kennedy was the president and CEO of North County Health...

WATERTOWN, Mass., Feb. 01, 2021 (GLOBE NEWSWIRE) — EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing therapeutics to help improve the lives of patients with serious eye disorders, today announced the pricing of an underwritten public offering of 9,100,000 shares of its common stock at a public offering price of $11.00 per share. The gross proceeds of the offering to the Company are expected to be $100.1 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. In addition, EyePoint granted the underwriters a thirty-day option to purchase up to an additional 1,365,000 shares of common stock at the public offering price, less underwriting discounts and commissions.The closing of the offering is expected to occur on or...

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) refers to the announcements issued on 26 January 2021 concerning the enforcement of share pledges over the Former Subsidiaries. Capitalized terms in this announcement have the same meaning as given in those announcements.Since the earlier announcements, the Company has been in continuous dialogue with the Lenders and the new managers of the Former Subsidiaries (“New Managers”). The Company’s objective of those discussions has been to ensure the safety of current vessel operations and the stability for the Company and its subsidiaries for the benefit of all Polarcus’ stakeholders. The Company has sought to negotiate a standstill agreement relating to the Lenders’ security rights against the Company and its subsidiaries (“Group”) which have not been enforced as well as to execute...

HOUSTON, Feb. 01, 2021 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2021.As of January 31, 2021, the Fund’s net assets were $366 million and its net asset value per share was $7.74. As of January 31, 2021, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 469% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 373%. The Fund had 47,197,462 common shares outstanding as of January 31, 2021.As of January 31, 2021, equity and debt investments were...

HOUSTON, Feb. 01, 2021 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2021.As of January 31, 2021, the Company’s net assets were $942 million, and its net asset value per share was $7.45. As of January 31, 2021, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 479% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 324%.The Company had 126,447,554 common shares outstanding as of January 31, 2021.Long-term investments were comprised of Midstream...

PHILADELPHIA, PA, Feb. 01, 2021 (GLOBE NEWSWIRE) — INSU Acquisition Corp. III (NASDAQ:IIIIU) (the “Company”), a blank-check company sponsored by Cohen & Company Inc. (NYSE American: COHN) and formed for the purpose of acquiring or merging with one or more businesses or entities in the insurance industry, today announced that the holders of the Company’s units may elect to separately trade the Class A common shares and warrants underlying the units commencing on February 8, 2021. Those units not separated will continue to trade on the NASDAQ Capital Market under the symbol “IIIIU” and the Class A common shares and warrants are expected to trade under the symbols “IIII” and “IIIIW”, respectively.A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission...