Year: 2021

CALGARY, Alberta, Dec. 01, 2021 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy” or the “Corporation”) (TSX: PHX) announces a correction to its Press Release issued earlier today under the title PHX Energy Announces Increase to its 2022 Capital Expenditure Program. The reference to the components of our $40 million planned capital expenditures for 2022 should have read $12 million is anticipated to be spent on maintenance capital, while the remaining $28 million is expected to be allocated towards growth. About PHX Energy Services Corp. The Corporation, through its directional drilling subsidiary entities, provides horizontal and directional drilling technology and services to oil and natural gas producing companies in Canada, the US, Russia and Albania. PHX Energy also provides EDR technology...

Vancouver, B.C., Dec. 01, 2021 (GLOBE NEWSWIRE) — Muzhu Mining Ltd. (CSE:MUZU) (“Muzhu” or the “Company”) is pleased to announce that the Company has arranged a non brokered private placement of up to 2,365,000 common shares designated as “flow-through” shares at a price of $0.17 per share for $402,050.  The Issuer may pay finder’s fees, which may be paid to eligible finders in accordance with the CSE policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offering and payment of finders’ fees are both subject to approval by the CSE. Muzhu owns 100% of the Sleeping Giant South Project (15,000 acres) located in Quebec’s Abitibi Greenstone Belt contiguous to the South of the Sleeping Giant Mine held by Abcourt Mines....

New York, NY, Dec. 01, 2021 (GLOBE NEWSWIRE) — ROC Energy Acquisition Corp. (the “Company”) announced today the pricing of its upsized initial public offering of 18,000,000 units, at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading tomorrow, Thursday, December 2, 2021, under the ticker symbol “ROCAU.” Each unit consists of one share of the Company’s common stock and one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the shares of common stock and rights are expected to be listed on Nasdaq under the symbols “ROC” and “ROCAR,” respectively. The offering is expected to close on December 6, 2021, subject to customary closing conditions. The Company...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 01, 2021 (GLOBE NEWSWIRE) — Winshear Gold Corp. (TSX-V: WINS) reports that it has closed a non-brokered private placement of 7,536,000 Units at $0.10 per Unit for gross proceeds of $753,600. Each Unit is comprised of one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.20 for a period of 36 months from the closing date of the financing up to and including December 1, 2024. Cash commissions totalling $17,750 was paid on certain subscriptions. All securities issued as part of this private placement will be subject to a four month plus one day hold period which will expire April 2, 2022. Proceeds...

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) — (TSX: SBC, SBC.PR.A) Brompton Split Banc Corp. (the “Company”) is pleased to announce the details of the previously announced split of its class A shares (the “Share Split”) and provide an update on the concurrent private placement of preferred shares (the “Private Placement”). The Share Split and the Private Placement remain subject to the approval of the Toronto Stock Exchange (the “TSX”). The Company is pleased to announce that class A shareholders of record at the close of business on December 14, 2021 will receive 25 additional class A shares for every 100 class A shares held, pursuant to the Share Split. Following the Share Split, class A shareholders will continue to receive the currently targeted...

TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that Mr. Josip Kozar has tendered his resignation as Chief Executive Officer effective November 30, 2021. “On behalf of the Board and the Company, I would like to thank Joe for his time and dedication to iSIGN over the past two months,” stated David Beck, iSIGN’s Chairman. “Joe remains a major shareholder of the Company and continues to be heavily involved in looking for and assessing alternatives for increasing shareholder value.” The Board is currently reviewing various options to fill the Chief Executive Officer position. Additionally, the Board of Directors is pleased to announce the addition of Brian...

VANCOUVER, British Columbia, Dec. 01, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) and Keg Restaurants Ltd. (“The Keg” or the “Company”) today announced that in June 2022, Mr. David Aisenstat will be stepping back from his operational CEO duties of The Keg, but will remain Chair of The Keg’s Board. At that time Mr. Nick Dean will remain President of The Keg and assume the responsibility for the Company’s day-to-day operations. Nick Dean joined The Keg in 2019 as President after having acted as a consultant to the Company since 2011. Mr. Dean will continue in his role as President of the Company as part of the Company’s succession planning and to ensure the continuity in leadership that are hallmarks of the business. “Throughout its 50-year history, The...

WOBURN, MA., Dec. 01, 2021 (GLOBE NEWSWIRE) — Biofrontera Inc. (Nasdaq: BFRI; BFRIW) (the “Company”), a biopharmaceutical company specializing in the commercialization of dermatological products, today announced the closing of a private placement with a single institutional investor for the purchase of 2,857,143 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to an aggregate of 2,857,143 shares of common stock. The combined purchase price for one share of common stock (or common stock equivalent) and a warrant to purchase one share of common stock was $5.25, priced at-the-market under Nasdaq rules. The warrants have an exercise price of $5.25 per share, will be immediately exercisable, and will expire five years from the issuance date. Roth Capital Partners and The Benchmark...

CALGARY, Alberta, Dec. 01, 2021 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy” or the “Corporation“) (TSX: PHX) announces that its Board of Directors (the “Board”) has approved a $10 million increase to the Corporation’s 2022 capital expenditure program (the “Program”). With this increase the Corporation now anticipates spending $40 million in capital expenditures during the 2022-year. PHX Energy will require greater fleet capacity to meet the activity levels expected in 2022 and to mitigate supply chain challenges that persist in the market. The increase will primarily be dedicated to further expanding the Atlas High Performance Drilling Motor (“Atlas Motors”), Velocity Real-Time System (“Velocity”) and PowerDrive Orbit Rotary Steerable System (“RSS”) fleets. Of the $40 million program, $12...