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Day: May 12, 2021

International Consolidated Uranium Announces C$7.5 Million “Bought Deal” Private Placement of Units

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — International Consolidated Uranium Inc. (“CUR” or the “Company”) (TSXV: CUR) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as co-lead underwriter and sole bookrunner, and Red Cloud Securities Inc. as co-lead underwriter (the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 4,167,000 units of the Company (the “Units“) at a price of C$1.80 per Unit (the “Issue Price”), for total gross proceeds of C$7,500,600 (the “Offering“). Each Unit shall consist of one common share (a “Common Share”) in the capital of the Company and one-half...

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Fortis Inc. Announces Pricing of Senior Unsecured Notes

Not for distribution to U.S. news wire services or dissemination in the United States. ST. JOHN’S, Newfoundland and Labrador, May 12, 2021 (GLOBE NEWSWIRE) — Fortis Inc. (TSX:FTS) (“Fortis” or the “Corporation”) announced today that it has priced a public offering (the “Offering”) of $500,000,000 2.18% senior unsecured notes due May 15, 2028 (the “Notes”). The Corporation expects to file a prospectus supplement (the “Prospectus Supplement”) to its Canadian short form base shelf prospectus dated December 4, 2020, with securities regulatory authorities in each of the provinces of Canada later today. The Offering is being made on a best efforts basis through a syndicate of agents co-led by TD Securities Inc., BMO Nesbitt Burns Inc. and Scotia Capital Inc. and including CIBC World Markets Inc., RBC Dominion Securities Inc., Desjardins...

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WITT O’BRIEN’S LAUNCHES CO:RE™

THE FIRST CORPORATE RESILIENCE PROGRAM SPECIFICALLY DESIGNED FOR MEDIUM-SIZED COMPANIES WASHINGTON and LONDON and SINGAPORE, May 12, 2021 (GLOBE NEWSWIRE) — Witt O’Brien’s, LLC, (“the Company”), announced today the launch of CO:RETM, a managed service that is built on the firm’s decades of crisis management experience across sectors and globally. CO:RETM integrates business continuity, crisis management, and crisis communications. It provides a tailored resilience program for mid-sized firms seeking to protect their staff, clients, and enterprise value in the face of increasingly frequent and severe disruptions. “Mid-sized companies face the same threats as their Fortune 500 competitors,” says Tim Whipple, CEO of Witt O’Brien’s. “These range from pandemics, hurricanes, wildfires, and earthquakes to cyber-attacks, supply chain failure,...

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Thin Film Electronics ASA – Anti-Dilutive Subscription Rights Grants to Employees and Directors

Oslo, 12 May 2021 Reference is made to the resolutions at the Extraordinary General Meeting held on 19 August 2020 (the “EGM”) whereby, the 2020 Subscription Rights Incentive program for employees (“2020 SR Plan”) and the subscription rights program for the Board of Directors (“2020 Board Plan”) were resolved. Due to the substantial number of warrants issued in connection with the two private placements in 2020, the maximum numbers of subscription rights issuable under the 2020 SR Plan and 2020 Board Plan were calculated based on a percentage of the share capital on a “Fully Diluted” basis, taking into account issued and outstanding warrants, but always limited to 10% and 2%, respectively, of the Company’s share capital. Practically speaking, this provided that more incentive subscription...

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Proactive news headlines including Ion Energy, Altamira Gold, BioHarvest Sciences and Melkior Resources

New York, May 12, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Ion Energy Ltd (CVE:ION) (OTCQB:IONGF) (FRA:5YB) poised to start drilling and for more geophysics at flagship Mongolia project in coming quarter click here ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) breaks ground on its US car manufacturing plant in Mesa, Arizona click here Exro Technologies Inc (CVE:EXRO) (OTCQB:EXROF) posts financial results for the quarter ended March 31, 2021 click here  Altamira Gold Corp (CVE:ALTA) (FRA:T6UP) (OTCPINKEQTRF) raises additional $1,104,490 from warrant exercises; launches 3D IP survey at the Apiacas Project click here Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF)  increases referral partnership network with...

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Wallbridge Provides Corporate Update

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to provide an update of its exploration and development activities at the Fenelon Gold Property (“Fenelon” or the “Property”), corporate initiatives and planned spending. Maiden Resource Estimate (“MRE”) The Company expects to deliver the Maiden Resource Estimate (“MRE”) on the newly discovered zones (Area 51, Tabasco, and Cayenne) and the Gabbro zones by the end of the third quarter of 2021 as scheduled. The MRE is expected to include both a near-surface and an underground component for all these zones. Surface Exploration Program Drilling Wallbridge is conducting a 170,000-metre drill program in 2021, of which 70,000 metres is planned to be completed by early July 2021, in support of the MRE. A total...

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Toll Brothers Apartment Living® Opens Brand-New Community in West Dallas

Westerly, the Company’s Second Multifamily Community in Texas, is Opening with High Demand“Westerly leased over 100 units in less than two months, which speaks to the quality of our residences and the incredible customer service we provide at each of our communities.”Westerly residents will enjoy amenities including a resident lounge with gaming and expo kitchen, complimentary coffee bar, maker spaces, art studio, two-story fitness center with outdoor yoga, coworking spaces and conference room, expansive pool with elegant cabanas and fire feature, courtyard with grills and pizza oven, and a sky lounge with incredible city views.Fort Washington, PA, May 12, 2021 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, through its Toll...

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Summit Therapeutics Announces Closing of $75 Million Rights Offering

Cambridge, MA, May 12, 2021 – Summit Therapeutics Inc. (NASDAQ: SMMT) announced today the successful closing of its fully subscribed rights offering and the associated results. The rights offering resulted in the sale of 14,312,976 shares of the Company’s common stock, par value $0.01 (the “Shares,” and each, a “Share”) at a price of $5.24 per Share.  The Company received aggregate gross proceeds from the rights offering of $75 million, expenses associated with the offering were approximately $200,000, yielding Summit net proceeds of $74.8 million!  After giving effect to the new share issuance, Summit has 97,244,567 shares of common stock issued and outstanding. Of note, Mr. Duggan, CEO and Executive Chairman, and Dr Zanganeh, COO acquired available shares in the offering. Mr. Duggan stated, “We chose to raise capital through a...

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New You, Inc. Merges with ST Brands to Create Holding Company for Global Cannabis-Related Products and Services

Result will be a platform to acquire, finance, and grow synergistic CBD operations and sales CARLSBAD, Calif., May 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — New You, Inc. (OTCQB: NWYU) today announced, as disclosed in an 8-K dated May 7, entry into an exchange agreement with ST Brands, Inc., to expand into a holding company of assets that create, develop, market, and sell unique and proprietary cannabidiol (“CBD”) products and services to various segments of the global consumer market. On May 6, 2021, ST Brands’ principal Jason Frankovich was appointed to serve as the new Executive Chairman of the Board. Ray Grimm will continue as our CEO and New You, Inc. will be the first operating entity to receive the benefits of the strategic resources. “ST Brands brings years of cannabidiol-related product development...

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Goldstar Announces Non-Brokered Private Placement, Completes Permitting, Prepares for Diamond Drilling

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce a non-brokered private placement of flow-through shares of up to a maximum of $720,000. Furthermore, Goldstar announces that the permitting is now complete with respect to the upcoming drilling program on its Anctil property, located in Québec, Canada and that it has secured a drilling contractor to carry out the program. Private Placement The non-brokered private placement will consist of a maximum of 4,000,000 flow-through common shares (“Flow-Through Shares”) to be issued at a price of $0.18. The maximum gross proceeds to be raised under this private placement offering (the “Offering”) is $720,000. Each Flow-Through Share...

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