Day: December 23, 2021
NEW YORK, Dec. 23, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ, NEO: LGIQ), a global provider of award-winning consumer acquisition solutions, convened its Special Meeting of Stockholders (the “Special Meeting”) on December 20, 2021; however, a quorum was not present for the conduct of business at the Special Meeting.
To allow more time for stockholders to vote and more time for the company to solicit additional votes to establish a quorum for the Special Meeting, the meeting was convened and then adjourned until Tuesday, January 18, 2022 at 11:00 a.m. Eastern Standard Time, and will reconvene at that time as a virtual meeting via the Internet at www.virtualshareholdermeeting.com/Logiq2021SM. There is no change to the record date of October 25, 2021 for the stockholders entitled to vote at the Special Meeting.
A quorum consists...
Solstice Announces $1.5 Million Flow-Through Financing
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Dec. 23, 2021 (GLOBE NEWSWIRE) — Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to announce that it intends to complete a flow-through financing by way of a non-brokered private placement for aggregate proceeds of approximately $1.5 million subject to increase at the discretion of the board of directors of the Company (the “Offering”). The Offering will consist of up to 6,521,739 common shares of the Company (the “Flow-Through Shares”) that qualify as flow-through shares for purposes of the Income Tax Act (Canada) at a price of $0.23 per Flow-Through Share.
The gross proceeds raised from the Offering will be used by the Company to fund exploration programs that qualify as “Canadian Exploration Expenses” and “flow-through mining expenditures”, as those terms are...
Atico Mining Provides Corporate Update
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Dec. 23, 2021 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) reports that its Colombian subsidiary, Minera El Roble S.A. (the “Subsidiary”) has received an update to the claim amount from the Colombian National Mining Agency(“Agency”) related to payment of royalties on past copper production.
The Company provided an update on this matter in its press release dated July 22, 2021, where it stated that the Agency continues to send claims related to outstanding payments on past royalties despite the fact that this matter is currently being disputed in the Colombian court of law. The updated claim amount received from the Agency is now at approximately US$21.9 million for all royalties in dispute up to December 2021.
The Company, based on the advice of...
Par Pacific Announces 2022 Capital Expenditure and Turnaround Outlay Guidance
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Dec. 23, 2021 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced its 2022 capital expenditure and turnaround outlay guidance with a range of $70 million to $80 million. Approximately $30 million in Washington refinery turnaround outlays are expected during the first quarter of 2022. Remaining capital expenditures include approximately $35 million of maintenance, regulatory, and IT spend and approximately $10 million of growth capital.
2022 Capital Expenditure and Turnaround Outlay Guidance$ in Millions
Turnaround Outlay
30Maintenance, Regulatory, and IT
35Growth
10Total Capital Expenditure and Turnaround Outlay
$70-80About Par Pacific
Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, owns and operates market-leading energy, infrastructure,...
ION receives continued listing standards notice from the New York Stock Exchange
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Dec. 23, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) today announced that written notice was received from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual. ION is considered below criteria established by the NYSE for continued listing because its average market capitalization has been less than $50 million over a consecutive 30 trading-day period, and at the same time its last reported stockholders’ equity was below $50 million.
The Company intends to submit a plan that demonstrates its ability to bring the Company into conformity with the continued listing standards within six months. During the six-month period, the Company’s shares will continue to be listed and...
Core One Labs Acquires New Path Laboratories
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, Dec. 23, 2021 (GLOBE NEWSWIRE) — Core One Labs Inc. (CSE: COOL), (OTC: CLABF), (Frankfurt: LD6, WKN: A3CSSU) (the “Company” or “Core One”) is a research and development company focused on bringing psychedelic medicines to market through the development and production of API grade psychedelic compounds, the advancement of psychedelic assisted treatments, and the integration of novel delivery system technology. The Company is pleased to announce it has completed the acquisition (the “Transaction”) of all of the outstanding share capital of New Path Laboratories Inc. (“New Path”).
Based in British Columbia, New Path is dedicated to the development and licencing of natural health products and dietary supplements incorporating functional mushrooms to help support every day biological functions in the maintenance...
CPI Aerostructures to Report 2021 First Quarter Financial Results
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EDGEWOOD, N.Y., Dec. 23, 2021 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that it will issue its financial results for its fiscal first quarter ended March 31, 2021 before the market opens on Monday, December 27, 2021.
About CPI Aero
CPI Aero is a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters and airborne Intelligence Surveillance and Reconnaissance pod systems in both the commercial aerospace and national security markets. Within the global aerostructure supply chain, CPI Aero is either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI also is a prime contractor to the U.S. Department of Defense, primarily the Air Force. In conjunction with its assembly operations, CPI Aero provides engineering, program...
Monarch Obtains Receipt for Final Base Shelf Prospectus
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES
MONTREAL, Dec. 23, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announces that it has received a final receipt for the final short form base shelf prospectus (the “Shelf Prospectus”) filed with the securities regulatory authorities in all the provinces of Canada (except the territories).
Monarch will be able to offer for sale and issue common shares (including common shares issued on a “flow-through” basis), debt securities, subscription receipts, warrants and units of the Corporation (collectively, the “Securities”), or any combination thereof, up to an aggregate total of CA$100 million from time to time during the 25-month period that the Shelf Prospectus...
Freddie Mac Issues Monthly Volume Summary for November 2021
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MCLEAN, Va., Dec. 23, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for November 2021, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.
MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.com
INVESTOR...
Triterras Provides Update on Nasdaq Listing
Written by Customer Service on . Posted in Public Companies.
SINGAPORE, Dec. 23, 2021 (GLOBE NEWSWIRE) — Triterras Inc. (NasdaqGM: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company focused on trade and trade finance, is providing an update on Nasdaq’s December 10, 2021 determination to delist the Company for failure to file its Form 20-F for the fiscal year ended February 28, 2021. On December 16, 2021, the Company appealed the Staff’s delist determination to the Nasdaq Hearing Panel (the “Panel”) pursuant to Nasdaq rules and requested a stay of the delisting determination and stay of the trading suspension set to expire on January 3, 2022. Following the appeal, on December 20, 2022, the Company provided a further submission to the Panel requesting a stay of the delisting and trading suspension pending the hearing, set for January 20, 2022. Today, the Company is reporting...