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Day: December 7, 2021

Rhyolite Resources Ltd. – Announces C$18 million Private Placement Financing

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) — Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) has announced today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on a bought deal basis by way of private placement, 16,000,000 common shares (the “Common Shares”) of the Company, at a price of C$0.88 per Common Share (the “Offering Price”) for gross proceeds of approximately C$14 million (the “Bought Deal Private Placement”). Rhyolite is also undertaking a non-brokered private placement of approximately C$4 million at a price per Common Share equal to the Offering Price (the “Non-Brokered Private Placement”, and together with the Bought Deal Private Placement,...

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Seanergy Maritime Announces $16.6 Million Buyback of Convertible Notes, Warrants and Common Shares, as well as Open-Market Stock Purchases by the CEO

Seanergy Maritime Announces $16.6 Million Buyback of Convertible Notes, Warrants and Common Shares, as well as Open-Market Stock Purchases by the CEO Highlights:Buyback of $13.95 million of Convertible Notes Buyback of Warrant to purchase 4.3 million shares Buyback of 1.6 million of common shares Elimination of potential dilution by 17.5 million shares CEO open market purchases of 0.3 million shares Seanergy BOD approves new buyback plan of $10 millionDecember 7, 2021 – Glyfada, Greece – Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today an aggregate of $16.6 million in buyback and elimination of:(i)     two outstanding convertible notes with 5.5% coupon and a conversion price of $1.20 per share (the “Notes”), (ii)     the entire amount of warrants to purchase common shares...

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Liquid Media Finalizing Film Financing Slate, Unveils Blockchain Approach for Independent Producers and Studios

VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (the “Company,” “Liquid Media” or “Liquid”) (Nasdaq: YVR) is pleased to announce that it is in the final stages of an agreement to provide recoupable last-mile financing for three films through the Company’s newly formed production funding unit Liquid Media Production Funding Ltd. All three films completed Liquid’s Phase I review with high-performing scores from Liquid’s analytics partner, Slated Inc., together with strong financial underpinnings for each film. Liquid’s rigorous analytics process of gating the three film slate has precipitated greenlighting the inaugural Phase II financing which will take the form of a total recoupable distribution advance of CDN$1.5M against all three films, with the advance to be repaid from the films’ net receipts. This...

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Sysorex Announces its Ethereum Holdings Now Valued in Excess of $6.5 Million

HERNDON, Va., Dec. 07, 2021 (GLOBE NEWSWIRE) — Sysorex (OTCQB: SYSX), the preeminent, U.S.-based, publicly traded Ethereum mining and technologies company, today announced its Ethereum Holdings are now valued in excess of $6.5 million. Wayne Wasserberg, CEO of Sysorex, commented, “Just this past August, we announced our new strategy of holding mined Ethereum known as Ether (ETH) in treasury rather than selling ETH for cash. In this short time, we have since built the value of the Company’s ETH holdings, which now total more than $6.5 million. We now have 1,520 ETH in our custody account and are adding an average of 10 ETH every day.” Mr. Wasserberg continued, “We believe strategically holding ETH will provide opportunities for revenue generation well above the expected appreciation in the value of ETH. Specifically, holding ETH...

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Fly Play hf. – Second Best Month So Far and Strong Long-Term Sales

Second Best Month So Far and Strong Long-Term Sales PLAY carried 16,689 passengers in November and the load factor was 58.3%, compared to 67.7% in October. A new rise in COVID-19 cases in mid-November in Iceland and the European markets served by PLAY inevitably scaled down a highly positive trend in demand for the month. Changes to bookings are less than in the last wave of COVID-19 but the last weeks have seen a clear change of dynamic in the markets. Long-term bookings remain strong but short-term bookings for seasonal weekend trips slowed down which negatively affected our load factor in November. This hesitation in the markets is due to rapid changes in travel restrictions, a rising number of COVID-19 cases across Europe, and uncertainty around vaccinations and the Omicron variant. Only October has had a higher load factor since...

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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Newport News With Koch

ATHENS, Greece, Dec. 07, 2021 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Newport News. The gross charter rate is US$28,000 per day, minus a 5% commission paid to third parties, for a period until minimum July 1, 2023 up to maximum September 30, 2023. The new charter period is expected to commence on December 16, 2021. The m/v Newport News is currently chartered, as previously announced, at a gross charter rate of US$18,400 per day, minus a 5% commission paid to third parties. The “Newport News” is a 208,021 dwt Newcastlemax dry...

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Todos Medical Announces 2 New COVID-19 PCR Testing Reference Lab Agreements for CLIA/CAP Lab Provista Diagnostics

 Combined testing from two contracts averages 1,000 PCR samples per day Testing potential for the two contracts could ramp up to 5,000 PCR samples per dayNew York, NY, Alpharetta, GA and Tel Aviv, ISRAEL, Dec. 07, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics and related solutions company, today announced that its CLIA/CAP lab Provista Diagnostics has won two (2) new reference lab testing contracts from laboratories collecting samples in Georgia and New Jersey.  In the last two weeks both labs referring have experienced a marked uptick in testing demand, primarily from schools, that has caused them to exceed their small testing capacity and required them to identify additional testing capacity available to meet their needs, making them ideal lab clients...

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Highmark Interactive Inc Builds Momentum as the Optimal Choice for NCAA Schools by Announcing Competitive Proposal Win With Ball State University and Addition of the State University of New York at Albany

Highmark continues to disrupt high-performance sport by adding new NCAA Division 1 universities such as the Ball State Cardinals and University at Albany Great Danes to Highmark’s EQ platform. This is in addition to other NCAA programs previously announced, such as University of Florida and University of Buffalo, Bowling Green State University, Kent State University and Western Michigan University extending their commitments to 2024. TORONTO, Dec. 07, 2021 (GLOBE NEWSWIRE) — Highmark Interactive Inc. (TSXV: “HMRK) (“Highmark”), global leaders in mental and brain health digital technologies, announced today that after a formal Request For Proposal (RFP) process, Ball State University selected Highmark’s EQ Elite brain and mental health performance platform for their athletic departments. Further demonstrating Highmark’s momentum...

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Genius Brands Unveils Global Distribution Strategy for Kartoon Channel! Worldwide

Managing Director Paul Robinson Announces Bold New Programming Block ‘KARTOON GENIUS’ on YFE International Channels BEVERLY HILLS, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) — Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS) following the pending acquisition of Canada’s WOW! Unlimited Media Inc. and strategic investment in Germany’s Your Family Entertainment AG (“YFE”) (FRA:RTV), has unveiled a bold new “block” of children’s animated series and expanded distribution for its international channels. The new lineup and branding is spearheaded by Kartoon Channel! Worldwide’s new Managing Director Paul Robinson, who previously served as Managing Director of Walt Disney Television International and Senior Vice President Disney Channel Worldwide. The new block on the YFE International channels will be branded...

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F-star Therapeutics to Present FS222 Trial-in-Progress Update at ESMO Immuno-Oncology Congress 2021

First-in-Human Study of Company’s CD137/PD-L1 Tetravalent Bispecific Antibody Expands into Tumor Specific Indications CAMBRIDGE, United Kingdom and CAMBRIDGE, Mass., Dec. 07, 2021 (GLOBE NEWSWIRE) — F-star Therapeutics, Inc. (NASDAQ: FSTX), a clinical-stage biopharmaceutical company dedicated to developing next generation bispecific immunotherapies to transform the lives of patients with cancer, today announced that the Company will present a trial-in-progress update on FS222, a CD137/PD-L1 mAb2 bispecific antibody, at the European Society of Medical Oncology Immuno-Oncology (ESMO-IO) Congress 2021, taking place online only, December 8-11, 2021. The poster, entitled “A First-in-Human Study of FS222, a CD137/PD-L1 tetravalent bispecific antibody, in patients with advanced malignancies” is presented by Dr. Elena Garralda of the Vall...

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