Day: November 26, 2021

IRVING, Texas, Nov. 26, 2021 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA) today announced that it has further extended the early tender time and has extended the expiration time, in each case, from 11:59 p.m., New York City time, on November 24, 2021 (the “Original Tender Time”) until 5:00 p.m., New York City time, on December 1, 2021 (the “Extended Tender Time”), with respect to the previously announced exchange offer (the “Exchange Offer”) by certain of its subsidiaries (the “Issuers”) for Old Notes as described in the Offering Memorandum and the Offering Memorandum Supplement No. 1 (each as defined below). The Exchange Offer continues in full force and effect, except additional protections will be added to the New Notes (as defined below) for the benefit of investors...

TAIPEI CITY, Nov. 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Maxpro Capital Acquisition Corp. (“Maxpro” or the “Company”), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, today announced that holders of the units sold in the Company’s initial public offering of 10,350,000 units completed on October 13, 2021, may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about November 26, 2021. Holders of units will need to have their broker contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants. Those units...

VANCOUVER, British Columbia, Nov. 26, 2021 (GLOBE NEWSWIRE) — Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces closing of a non-brokered private placement (the “Placement”) of 4,350,000 Units at $0.125 per Unit for $543,750, and 1,100,000 Flow Through (“FT”) Shares at $0.15 per FT Share for $165,000, for total proceeds of $708,750 effective November 15 and 25, 2021. The Placement was initially announced for $500,000 and subsequently increased to $650,000 through news releases dated Oct. 19 and Oct. 22, 2021. The closing of the Placement is subject to final acceptance by the TSX Venture Exchange. The securities issued in connection with the Placement are subject to hold periods expiring four months and one day after the date of issuance. Finder’s fees of 6% for a total of $19,350 are payable...

LONDON, Nov. 26, 2021 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or “the Company”), a leading producer of silicon metal, silicon-based alloys and manganese-based alloys, announced today that the Company has taken incremental actions to counter the impact of rising energy prices in Spain. The Company has decided to idle one furnace at the Sabon facility, a second furnace at the Boo facility, and aims to reduce target production by 25% at the Monzón facility by modulating production in line with volatility in the energy price. Collectively, these actions are aimed at minimizing the impact of rising energy costs in Spain, while enabling us to satisfy our existing obligations to customers. Mr. Marco Levi, Ferroglobe’s Chief Executive Officer stated, “During this unprecedented time where energy prices in Spain have...

On 2021-11-26, the Board of AB Kauno energija, which performs the functions of the sole shareholder of AB Petrašiūnų katilinė, adopted a decision: 1.  To approve the reorganisation of the limited lability company Petrašiūnų katilinė by way of merger, by merging the limited lability company Petrašiūnų katilinė (company code 304217723), which after the reorganisation will cease its as a legal entity, to the limited lability company Kauno energija (company code 235014830), which is participating in the reorganisation, and which will continue after the reorganisation, and to instruct the Management Board of the limited lability company Petrašiūnų katilinė to prepare and publish the terms and conditions of the reorganisation in accordance with the procedure laid down by law, also to carry out the other actions necessary for the implementation...

MONTREAL, Nov. 26, 2021 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has nominated Mr. Nick Nikolakakis, MBA, to the Board of Directors. Nick Nikolakakis, MBA, Director We are pleased to announce that Nick Nikolakakis has accepted to join Imperial Mining Group’s Board of Directors. Mr. Nikolakakis has over 26 years of senior management, strategic and capital planning, and finance and accounting experience within the mining sector and has raised over $2 billion in capital. He was Vice President, Finance and Chief Financial Officer of Battle North Gold from October 2013 until May 2021 when the Company was acquired by Evolution Mining Limited; Mr. Nikolakakis has also served as a senior officer or in senior management of several public mining...

THUNDER BAY, Ontario, Nov. 26, 2021 (GLOBE NEWSWIRE) — MetalCorp Limited (“MetalCorp”) (TSXV – MTC) announces that Barrick Gold Inc. (“Barrick”) has reported that its activities under its Earn-In Agreement in respect of MetalCorp’s Hemlo East Property have centered around obtaining an exploration permit to conduct exploration activities on the Hemlo East Property, although an exploration permit has not been submitted. Barrick has reported that no field activities have been undertaken but significant desktop study has been conducted into the exploration potential of the property in preparation for field program planning. Barrick has systematically compiled and collated all data provided by MetalCorp into thematic databases and, where applicable, into GIS layers based on data-type. This compilation was extended beyond data from...

GUANGZHOU, China, Nov. 26, 2021 (GLOBE NEWSWIRE) —  EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2021 on Thursday, December 2, 2021, before the U.S. market opens. EHang’s management team will host an earnings conference call at 8:00 AM on Thursday, December 2, 2021, U.S. Eastern Time (9:00 PM on Thursday, December 2, 2021, Beijing/Hong Kong Time). Please register in advance for the conference using the link provided below and dial in 10 minutes before the conference is scheduled to begin. Conference access information will be provided upon registration. Participant Online Registration: http://apac.directeventreg.com/registration/event/6108427 A...

THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 26, 2021 (GLOBE NEWSWIRE) — First Tellurium Corp. (CSE: FTEL) (the “Company” or “First Tellurium”), announces that it has closed the fourth and final tranche (the “Fourth Tranche”) of a non-brokered private placement (the “Offering”) previously announced on October 4, 2021. Under the Fourth Tranche, the Company has issued 7,375,000 units for gross proceeds of $590,000. Together with the first tranche closing announced October 15, 2021, the second tranche closing announced November 2, 2021 and the third tranche closing announced on November 16, 2021, the Company has raised a total of $1,804,000 from the sale of 22,550,000 units. No commissions or finder’s fees were paid in connection...