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Day: June 24, 2021

Hudbay Announces Resumption of Full Production at its Lalor Mine

TORONTO, June 24, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that production has resumed at its Lalor mine, located in Snow Lake, Manitoba after a fatal incident that occurred on June 19, 2021. Hoisting activities resumed on June 23 and production has since returned to normal levels. About Hudbay Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company’s growth strategy is focused on the exploration, development, operation...

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Avicanna Announces Results of Annual General Meeting and Provides Corporate Update

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS/ TORONTO, June 24, 2021 (GLOBE NEWSWIRE) — Avicanna Inc. (the “Company” or “Avicanna”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) is pleased to announce that all of management’s nominees listed in the Company’s management information circular dated May 25, 2021 were elected as directors of the Company at Avicanna’s annual general meeting of shareholders held on June 24, 2021 (the “Meeting“). The detailed results of the vote for the election of directors held at the Meeting are set out below.Name of Nominee Votes cast FOR % votes castFOR VotesWITHHELD % votesWITHHELDAras Azadian 14,238,710 99.94% 8,851 0.06%Dr....

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Weebit Nano successfully demonstrates integration of selector with ReRAM cell for the stand-alone memory market

Weebit ReRAM + OTS SelectorA cross section of Weebit ReRAM + OTS selector cellIndustry’s first commercial integration of OTS selector with oxide-based ReRAM Key technology milestone achieved three months ahead of scheduleHOD HASHARON, Israel, June 24, 2021 (GLOBE NEWSWIRE) — Weebit Nano Limited (ASX:WBT), a leading developer of next-generation semiconductor memory technologies, is pleased to announce it has created the industry’s first commercial integration of an oxide-based ReRAM (OxRAM) cell with an ovonic threshold switching (OTS) selector, a critical step in the company’s commercialisation path for the discrete (stand-alone) memory market. This achievement is a significant step towards broadening Weebit’s target market beyond embedded non-volatile memory (NVM) to include discrete memory technology, and...

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Bluewater Acquisition Corp. Announces Changes in Accordance With New CPC Policy That Became Effective on January 1, 2021

CALGARY, Alberta, June 24, 2021 (GLOBE NEWSWIRE) — BLUEWATER ACQUISITION CORP. (the “Company”) (TSXV: BAQ) announces that, due to changes recently announced by the TSX Venture Exchange (the “Exchange”) to its Capital Pool Company program and changes to the Exchange’s Policy 2.4 – Capital Pool Companies, which became effective as at January 1, 2021 (the “New CPC Policy”), the Company intends to implement certain amendments to further align its policies with the New CPC Policy. Pursuant to the New CPC Policy, in order for the Company to align certain of its policies with the New CPC Policy it is required to obtain the approval of disinterested shareholders of the Company. As a result, the Company obtained such approval at its special meeting of shareholders on June 22, 2021 (the “Meeting”), for the following matters: (i) to amend...

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Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.175 per Share for Q2 2021

HOUSTON, June 24, 2021 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today a quarterly distribution of $0.175 per share for the fiscal quarter ended May 31, 2021. This distribution, which is an increase of $0.025 per share over the prior distribution, is payable to common stockholders on July 13, 2021 (as outlined in the table below). The Company’s management and its Board of Directors recognize that distributions are a significant part of the value proposition KYN provides to its investors. Based on its closing stock price as of June 23, 2021, KYN’s distribution rate is 8.0%. “One of management’s most important long-term goals is to provide KYN’s investors an attractive distribution, and I am very pleased to announce a 17% increase in the Company’s distribution. KYN’s...

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Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.14 per Share for Q2 2021

HOUSTON, June 24, 2021 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today a quarterly distribution of $0.14 per share for the fiscal quarter ended May 31, 2021. This distribution, which is an increase of $0.05 per share over the prior distribution, is payable to common stockholders on July 13, 2021 (as outlined in the table below). The Fund’s management and its Board of Directors recognize that distributions are a significant part of the value proposition KMF provides to its investors. Based on its closing stock price as of June 23, 2021, KMF’s distribution rate is 7.7%. “One of management’s most important long-term goals is to provide KMF’s investors an attractive distribution, and I am very pleased to announce a 56% increase in the Fund’s distribution. KMF’s diverse...

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Dundee Corporation’s Shift to Dundee 2.0 Gathers Momentum

TORONTO, June 24, 2021 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce that at its Annual General Meeting of shareholders (“AGM”) held earlier today, the Corporation’s nominees were overwhelmingly re-elected, and PricewaterhouseCoopers LLP was reappointed as Auditor. Details of the voting results are set out below. At a meeting held immediately after the AGM, the Board unanimously reappointed Peter Nixon as Chair, and, on the recommendation of Jonathan Goodman, Dundee’s President and CEO, appointed Steven Sharpe as Executive Vice Chair, effective Friday, June 25, 2021.   Mr. Sharpe’s mandate is to rationalize Dundee’s portfolio of legacy investments and operating subsidiary companies. His appointment will facilitate the Corporation’s transformation into an active investor...

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Hampton Financial Corporation Announces Purchase of Subordinate Voting Shares for Cancellation

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 24, 2021 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV:HFC & HFC.PR.A) is pleased to announce that it has purchased for cancellation 500,000 subordinate voting shares (the “Purchased Shares”) in connection with the settlement of certain aspects of litigation to which the Corporation is a party and pursuant to an exempt issuer bid in compliance with National Instrument 62-104 – Take-Over Bids and Issuer Bids. The Purchased Shares will be cancelled and delisted from the TSX Venture Exchange. About Hampton Financial Corporation Hampton is a unique private equity firm that seeks to build shareholder value. through long-term strategic investments. Through its subsidiary, Hampton Securities...

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G Medical Innovations Holdings Ltd. Announces Pricing of $15.0 Million Initial Public Offering and Nasdaq Listing

TEL AVIV and NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) — G Medical Innovations Holdings Ltd. (NASDAQ:GMVD) (the “Company”), a telehealth, medical device, and remote patient monitoring company providing clinical-grade solutions for consumers, medical professionals, and healthcare institutions, today announced the pricing of an underwritten initial public offering of 3,000,000 units, each consisting of one ordinary share and one warrant to purchase one ordinary share, at a combined public offering price of $5.00 per unit for aggregate gross proceeds of approximately $15.0 million, prior to deducting underwriting discounts, commissions, and other offering expenses and excluding any exercise of the underwriters’ option to purchase any additional securities as described herein. In addition, the Company has granted the underwriters...

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Synchronoss Technologies, Inc. Announces Proposed $120 Million Public Offering of Senior Notes

BRIDGEWATER, N.J., June 24, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (SNCR) (the “Company” or “Synchronoss”), a global leader and innovator in cloud, messaging and digital products and platforms, today announced that the Company intends to offer and sell, subject to market and other conditions, $120 million aggregate principal amount of senior notes due 2026 in an underwritten public offering. Synchronoss also expects to grant the underwriters a 30-day option to purchase an additional $5 million aggregate principal amount of senior notes in connection with the offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Synchronoss and the senior notes both received a rating of BB- from Egan-Jones Ratings Company, an independent, unaffiliated...

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