Melior Enters Into Further Standstill Amending Agreement and Extended Promissory Note, Receives Conditional Approval of RTO

Written by Customer Service on September 30, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 30, 2021 (GLOBE NEWSWIRE) — Melior Resources Inc. (TSXV: “MLR”) (“Melior” or the “Company”) refers to its press release of June 28, 2021 regarding the Default Notice received from Pala Investments Ltd (“Pala”) and the subsequent Standstill Agreement entered into with Pala. The Company announces that it has today entered into a further standstill amending agreement with Pala pursuant to which Pala has agreed to extend the standstill period until October 31, 2021. Furthermore, Melior has also today entered into a further amended demand promissory note (the “Amended Promissory Note”) with Pala extending the maturity of the loan from September 30, 2021 to October 31, 2021. All other terms of the Amended Promissory Note remain unchanged. The Company is pleased to announce that the TSX Venture Exchange...

Huttig Building Products, Inc. Enters Into New $250 Million Credit Facility

Written by Customer Service on September 30, 2021. Posted in Public Companies.

ST. LOUIS, Sept. 30, 2021 (GLOBE NEWSWIRE) — Huttig Building Products, Inc. (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today announced it has entered into a new $250 million senior credit facility. The facility has a five-year tenure and can be expanded to $325 million through an uncommitted $75 million accordion, subject to certain conditions. JPMorgan Chase Bank, N.A. is Administrative Agent, Joint Bookrunner and Joint Lead Arranger. Bank of America, N.A. and Fifth Third Bank, National Association are Joint Bookrunners and Joint Lead Arrangers. Regions Bank and BMO Harris Bank, N.A. are also lenders in the new facility. This new credit facility replaces the Company’s existing credit facility. “Our new credit facility will immediately provide us with increased financial flexibility...

VeganNation Completes Merger into a Public Company

Written by Customer Service on September 30, 2021. Posted in Public Companies.

VeganNation to become the first global publicly traded sustainable ecosystem Tel Aviv, Israel, Sept. 30, 2021 (GLOBE NEWSWIRE) — SIPUP (OTCPINK: SPUP) today announced the closing of the previously reported Stock Exchange Agreement VeganNation Services Ltd. an Israeli company and the VeganNation equity holders, pursuant to which VeganNation became a wholly owned subsidiary of SIPUP. VeganNation is building a vegan ecosystem, which we believe is the first of its kind. The goal is to create a vibrant and thriving community-based economy where millions of international citizens, small business owners, manufacturers and distributors will all trade goods and services in a way that will better themselves and their surroundings. The digital platform is the heart of VeganNation’s work and the source for global sustainable economic growth....

Endeavour Targets Discovery of 15-20 Million Ounces of Indicated Resources Over Next 5 Years

Written by Customer Service on September 30, 2021. Posted in Public Companies.

ENDEAVOUR TARGETS DISCOVERY OF 15-20 MILLION OUNCES OF INDICATED RESOURCES OVER NEXT 5 YEARS HIGHLIGHTS: Endeavour targeting discovery of 15–20Moz of Indicated resources over the next five years at an average cost of less than $25/oz Near-mine exploration aims to continue to extend the mine lives of core assets to beyond the 10 year target Greenfield exploration targets the discovery of at least another new standalone project Group remains on track with its target to discover +2.5Moz of Indicated resources in 2021 London, 30 September 2021 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour” or the “Group” or the “Company”) is pleased to unveil its exploration outlook for the next five years which targets the discovery of 15 to 20 million ounces of Indicated resources at a cost of less than $25 per ounce across...

Aerojet Rocketdyne Completes Successful Space Launch System Rocket Engine Test Series

Written by Customer Service on September 30, 2021. Posted in Public Companies.

STENNIS SPACE CENTER, Miss., Sept. 30, 2021 (GLOBE NEWSWIRE) — Today’s RS-25 engine test at NASA’s Stennis Space Center completed the Retrofit-2 test series, which validated modernized, lower-cost components for new RS-25 engines to be used on the Space Launch System (SLS) heavy-lift rocket. RS-25 development test engine No. 0528 completed a full duration firing of 500 seconds and reached 109% of its originally designed Space Shuttle Main Engine power rating during the seventh and final Retrofit-2 test series. The first test in this series took place Jan. 28; each test in the series has lasted between 500 and 650 seconds, which matches or exceeds the engine’s thrust profile during an actual launch. “The components demonstrated in the Retrofit-2 test series leverage the latest advances in design, materials and manufacturing technology...

P10 Welcomes Bonaccord Capital Partners and Hark Capital

Written by Customer Service on September 30, 2021. Posted in Public Companies.

DALLAS, Sept. 30, 2021 (GLOBE NEWSWIRE) — P10 Holdings, Inc. (OTC: PIOE) welcomes Bonaccord Capital Partners and Hark Capital. P10 Holdings, Inc. (“P10”), a leading private markets solutions provider, has closed on the purchases of Bonaccord Capital Partners (“Bonaccord”) and Hark Capital (“Hark”) from the global investment company and asset manager abrdn. Bonaccord acquires minority equity investments in a diversified portfolio of alternative markets asset managers with a focus on mid-sized managers across private equity, private credit and real assets. Hark provides loans to mid-life private equity, growth equity, venture and other funds. These loans are backed by the unrealized investments at the fund level and provide financing for companies that would otherwise require equity. Robert Alpert and C. Clark Webb, Co-CEOs of P10,...

Noront Issues Shares in Full Satisfaction Of US$15 Million Convertible Debenture

Written by Customer Service on September 30, 2021. Posted in Public Companies.

TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or the “Company”) (TSXV: NOT) announces the issuance of 96,150,000 common shares of the Company (the “Conversion Shares”) in full satisfaction of its US$15 million amended and restated loan agreement (the “Loan Agreement”) held by Wyloo Canada Holdings Pty Ltd. (Wyloo). The number of shares were derived using the USD – CAD exchange rate on the day prior to the effective date of conversion being September 22, 2021 and using the conversion price of $0.20 per share as stipulated in the Loan Agreement. The Company will also be paying the final interest payment due under the loan agreement of $350,789 for the period from July 1, 2021 to September 22, 2021 by the delivery of 468,969 common shares of the Company (the “Interest Shares”) at an effective price of...

Itafos Announces Sulfuric Acid Supply Disruption

Written by Customer Service on September 30, 2021. Posted in Public Companies.

HOUSTON, Sept. 30, 2021 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) announced today a disruption in sulfuric acid supply to Conda from Rio Tinto’s Kennecott mine. Conda fulfills approximately 40% of its sulfuric acid requirements from volumes produced internally and approximately 60% from a combination of volumes received from Rio Tinto’s Kennecott mine under a long-term supply agreement and volumes procured from other third party producers. On September 28, 2021, Rio Tinto announced that it has declared force majeure on shipments of copper cathode and sulfuric acid from its Kennecott mine after the smelter was shut down on September 21, 2021 following a release of molten copper materials. According to the announcement, Rio Tinto is currently assessing the work needed to safely restart operations at the smelter...

Olema Oncology Announces Trials in Progress Poster on OP-1250 at AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics

Written by Customer Service on September 30, 2021. Posted in Public Companies.

SAN FRANCISCO, Sept. 30, 2021 (GLOBE NEWSWIRE) — Olema Pharmaceuticals, Inc. (“Olema” or “Olema Oncology,” Nasdaq: OLMA), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for women’s cancers, today announced a poster presentation on OP-1250, a complete estrogen receptor (ER) antagonist (CERAN) and a selective ER degrader (SERD) being developed for the treatment of metastatic breast cancer and other women’s cancers, at the upcoming AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics, being held virtually from October 7-10, 2021. The trials in progress poster will summarize the design of the Company’s ongoing Phase 1/2 open-label, first-in-human, multicenter, dose escalation and dose expansion study evaluating OP-1250 monotherapy...

Goldmoney Inc. Announces Results of 2021 Annual General Meeting of Shareholders

Written by Customer Service on September 30, 2021. Posted in Public Companies.

TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) — Goldmoney Inc. (TSX:XAU) (US:XAUMF) (“Goldmoney” or the “Company”) is pleased to announce the results of its annual general meeting of shareholders (the “Meeting”), held in Toronto on September 13, 2021. A total of 36,933,337 common shares, representing 48.7% of the issued and outstanding common shares of the Company, were represented at the meeting. By a vote by way of verbal affirmation, five directors were elected to the Company for the ensuing year. The following is a tabulation of the votes submitted by management proxy: Director Nominee Votes in Favour % Votes Withheld % Roy Sebag 32,272,220 98.758 405,787 1.242 Mahendra Naik 32,267,618 98.744 410,389 1.256 James Turk 32,011,596 97.961 666,411 2.039 Stefan Wieler 32,110,829 98.264 567,178 1.736 Andres Finkielsztain 32,261,637 98.726 416,370 1.274 By...

Month: September 2021

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