HUTCHMED Launches Hong Kong Initial Public Offering

Written by Customer Service on June 17, 2021. Posted in Public Companies.

HONG KONG and SHANGHAI, China and FLORHAM PARK, N.J., June 18, 2021 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED” or the “Company”) (Nasdaq/AIM: HCM) today announces the launch of its Hong Kong public offering (the “Hong Kong Public Offering”), which forms part of the global offering (the “Global Offering”) of 104,000,000 new ordinary shares (the “Offer Shares”) and the proposed primary listing of its ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “SEHK”) under the stock code “13”. The Company will receive all of the net proceeds from the Global Offering. The Global Offering initially comprises 13,000,000 new Shares under the Hong Kong Public Offering and 91,000,000 new Shares under the international offering (the “International Offering”), representing approximately 12.5%...

Nevada Exploration Closes Oversubscribed $4.75M Financing

Written by Customer Service on June 17, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, June 17, 2021 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE; OTCQB:NVDEF) is pleased to announce that it has closed its previously announced non-brokered private placement offering (the “Offering”), pursuant to which it has issued 36,538,460 units (the “Units”) at a price of $0.13 per Unit, for gross proceeds of $4,750,000 – an increase of $1,500,000 from the $3,250,000 contemplated in the news release dated May 25, 2021. Commenting on the Offering, NGE’s President, James Buskard: “Executing our Phase 3 drill program at South Grass Valley – to test our primary target at what is now our flagship project – is the culmination of more than a decade of systematic exploration through which we’ve reduced a search space that began as north-central Nevada, down to...

Orca Announces Updated Independent Natural Gas Resource Report

Written by Customer Service on June 17, 2021. Posted in Public Companies.

TORTOLA, British Virgin Islands, June 17, 2021 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company“) announces its updated independent natural gas resource assessment report with an effective date of March 31, 2021 (the “Resource Report”). All references to “contingent resources” and “prospective resources” in this press release refer to “contingent conventional natural gas resources” and prospective conventional natural gas resources”, and all references to “natural gas” in this press release refer to “conventional natural gas” as defined in National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities (“NI 51-101“). The Resource Report was prepared by McDaniel & Associates Consultants Ltd....

ParcelPal Logistics Inc. Announces Effective Date For Name Change

Written by Customer Service on June 17, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, June 17, 2021 (GLOBE NEWSWIRE) — ParcelPal Logistics Inc. (formerly ParcelPal Technology Inc.), (CSE:PKG) (OTC:PTNYF) (FSE:PT0) (the “Company” or “ParcelPal”) is pleased to announce that further to its news release dated June 14, 2021, the Company has changed its name from “ParcelPal Technology Inc.” to “ParcelPal Logistics Inc.”. The Company’s common shares will begin trading under the new name on June 18, 2021. There will be no change to the symbol and the Company’s common shares will continue to trade under the ticker “PKG”. The CUSIP number assigned to the Company’s shares following the name change is 69938P106 (ISIN: CA69938P1062). No action is required to be taken by shareholders with respect to the name change. Outstanding share certificates are not affected by the name change and do not need...

Century Therapeutics Announces Pricing of Initial Public Offering

Written by Customer Service on June 17, 2021. Posted in Public Companies.

PHILADELPHIA, June 17, 2021 (GLOBE NEWSWIRE) — Century Therapeutics, an innovative biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies in immuno-oncology, today announced the pricing of its initial public offering of 10,550,000 shares of its common stock at a public offering price of $20.00 per share. All of the shares of common stock are being offered by Century. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Century, are expected to be $211.0 million. Century’s common stock is expected to begin trading on the Nasdaq Global Select Market on June 18, 2021 under the ticker symbol “IPSC”. The offering is expected to close on June 22, 2021, subject to the satisfaction of customary closing conditions. In addition,...

FuelPositive Announces Closing of CAD$5 Million Private Placement with U.S. Institutional Investors

Written by Customer Service on June 17, 2021. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, June 17, 2021 (GLOBE NEWSWIRE) — FuelPositive Corporation (“FuelPositive” or the “Company”) (TSX.V: NHHH) (OTCMKTS: NHHHF) is pleased to announce it has closed its previously announced subscription agreement with certain U.S. institutional investors for gross proceeds of approximately CAD$5 million in a private placement in the United States, comprised of 20,833,333 common shares and warrants to purchase an aggregate of up to 20,833,333 common shares at a purchase price of CAD$0.24 per common share and associated warrant. The warrants have an exercise price of CAD$0.275 per common share and exercise period of five years. The net proceeds of the private placement will be used by the Company to rapidly advance the production of the...

California Water Service Group Awards 12 Students $80,000 Total in College Scholarships for Upcoming Academic Year

Written by Customer Service on June 17, 2021. Posted in Public Companies.

SAN JOSE, Calif., June 17, 2021 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) announced today the recipients of its 8th annual college scholarship program. In total, Group provided $80,000 in scholarships to 12 students living in its California, Hawaii, New Mexico, and Washington service areas for the 2021-2022 academic year. Out of more than 300 applicants, winners were selected based on outstanding academic achievement, community service, and financial need. One-third of the recipients this year are first-generation college attendees. Four grand-prize recipients were each awarded $10,000 scholarships: AiYi Chen, of Stockton, Calif., attends San Jose State University and is studying business administration and accounting. Elle Marine, of Hermosa Beach, Calif., will attend Johns Hopkins University and study...

XPO Logistics Announces Pricing of GXO’s $800 Million Notes Offering

Written by Customer Service on June 17, 2021. Posted in Public Companies.

GREENWICH, Conn., June 17, 2021 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (“XPO” or the “company”) (NYSE: XPO) today announced that GXO Logistics, Inc. (“GXO”), its wholly owned subsidiary, has priced an offering of $800 million of 144A notes with registration rights, consisting of $400 million of notes due 2026 (the “2026 notes”) and $400 million of notes due 2031 (the “2031 notes”, and together with the 2026 notes, the “notes”). GXO is expected to become a separate publicly traded company through the previously announced spin-off of XPO’s logistics segment (the “spin-off”). The closing of the offering of the notes is expected to occur on or about July 2, 2021, subject to customary closing conditions. The 2026 notes will bear interest at a rate of 1.650% per annum payable semiannually in cash in arrears on January 15 and July 15...

Pegasus Resources Closes Private Placement

Written by Customer Service on June 17, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, June 17, 2021 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that further to its press release dated May 14, 2021, the Company has closed its non-brokered private placement. The Company issued 9,845,000 units (the “Units”) at a price of $0.05 per Unit for aggregate gross proceeds of $492,250. Each Unit is comprised of one common share (“Share”) and one transferable common share purchase warrant of the Company (“Warrant”). Each whole Warrant will entitle the holder to purchase one Share for a 24-month period from the closing date at an exercise price of $0.10 per Share. Proceeds raised will be used for advancing the Company’s Millionara property in Nevada and...

Brookfield Infrastructure Corporation Announces Results of Annual Meeting of Shareholders

Written by Customer Service on June 17, 2021. Posted in Public Companies.

BROOKFIELD, NEWS, June 17, 2021 (GLOBE NEWSWIRE) — Brookfield Infrastructure Corporation (the “Corporation”) (TSX, NYSE: BIPC) today announced that all eight nominees proposed for election to the board of directors by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual meeting of shareholders held on June 17, 2021 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Share was entitled to a total of 134,851,146 votes in the aggregate, representing a 75%...

Day: June 17, 2021

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