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Year: 2021

Osisko Development Reports Third Quarter 2021 Results

Figure 1: San Antonio Oxide Stockpile – Leach Pad ConstructionFigure 1: San Antonio Oxide Stockpile – Leach Pad ConstructionMONTREAL, Nov. 09, 2021 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development” or the “Company”) (ODV: TSX-V) is pleased to report its unaudited financial and operating results for the three and nine months ended September 30, 2021, please see the Company’s filings on SEDAR (www.sedar.com). Third Quarter 2021 Achievements & Financial Results HighlightsThe Cariboo gold project is advancing through permitting as a 4,750 tonnes per day underground operation with a feasibility study targeted for completion in the first half of 2022. 47,000 meters of infill drilling completed in Q3 & 152,000 meters year-to-date at the Cariboo Gold Project in Wells, British Columbia. Further...

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Avenue Therapeutics Prices $2.6 Million Underwritten Public Offering of Common Stock

NEW YORK, Nov. 09, 2021 (GLOBE NEWSWIRE) — Avenue Therapeutics, Inc. (NASDAQ: ATXI) (“Avenue”), a company focused on the development of intravenous (“IV”) tramadol for the U.S. market, today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $2.6 million, before deducting underwriting discounts and commissions and other estimated expenses payable by the Company. The offering equates to 1,946,787 shares at a price to the public of $1.34 per share. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes. In addition, the Company granted the underwriters a 45-day option to purchase additional shares of common stock, representing up to 15% of the number of the shares, solely to cover over-allotments, if any,...

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Arena Fortify Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering

New York, NY, Nov. 09, 2021 (GLOBE NEWSWIRE) — Arena Fortify Acquisition Corp. (the “Company”), a blank check company sponsored by Arena Fortify Sponsor LLC and 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 the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market and trade under the ticker symbol “AFACU” beginning on November 10, 2021. Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $11.50 per share, subject to...

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Chinook Therapeutics Announces Pricing of an Upsized $160 Million Public Offering

SEATTLE, Nov. 09, 2021 (GLOBE NEWSWIRE) — Chinook Therapeutics, Inc. (Nasdaq: KDNY) today announced the pricing of its upsized underwritten public offering of 7,828,572 shares of its common stock at a price to the public of $14.00 per share. In addition, and in lieu of common stock, Chinook is offering to certain investors pre-funded warrants to purchase up to an aggregate of 3,571,428 shares of common stock at a purchase price of $13.9999 per pre-funded warrant, which represents the per share public offering price for the common stock less the $0.0001 per share exercise price for each such pre-funded warrant. The gross proceeds to Chinook from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Chinook, are expected to be $159.6 million. In addition, Chinook has granted...

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Wallbridge Announces Mineral Resource Estimate for Fenelon and Martiniere Deposits on Detour-Fenelon Gold Trend

Figure 1.Wallbridge’s Detour-Fenelon Gold Trend land packageFigure 2.Fenelon Gold System, Plan ViewFigure 3.Fenelon Gold System, Cross and Long SectionsFigure 4.Martiniere Gold System, Plan ViewFigure 5.Martiniere Gold System, Bug Lake Trend, Long SectionTotal combined Indicated Resource of 2.67 million ounces: 43.56 Mt grading 1.91 g/t Au. Total combined Inferred Resource of 1.72 million ounces: 31.78 Mt grading 1.69 g/t Au. Fenelon has evolved from a small high-grade underground deposit to a multi-million-ounce potential open pit and underground bulk mineable deposit. Significant expansion potential in multiple directions laterally and at depth at both Fenelon and Martiniere.TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — Wallbridge Mining Company...

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PFSweb Announces Timing Update for Late Form 10-Q Filings, Reiterates Previously Stated Outlook for PFS Business

ALLEN, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) — PFSweb, Inc. (NASDAQ: PFSW), a global commerce services company, is providing an update on the timing of the delayed filing of its Form 10-Q for the period ended June 30, 2021 (the “June 10-Q”), as well as expected timing for its Form 10-Q for the period ended September 30, 2021 (the “September 10-Q”) due November 9, 2021. The June 10-Q filing has been delayed and the September 10-Q will be delayed due to additional time and work needed to meet the SEC reporting and accounting requirements for its LiveArea divestiture, completed August 25, 2021, as a discontinued operation and other related financial reporting requirements associated with such divestiture, including, but not limited to, segmentation of previously commingled business entities, tax analysis for all geographies, and analysis...

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Aura Releases its Third Quarter 2021 Financial Statements and Management Discussion and Analysis and Announces Updates to its 2021 Operational and Financial Guidance

Updated gold equivalent production, cash cost per ounce of gold equivalent produced, Capex guidance for 2021 and a comparison to previous guidanceUpdated gold equivalent production, cash cost per ounce of gold equivalent produced, Capex guidance for 2021 and a comparison to previous guidanceAura’s updated projected cash costs per gold equivalent produced in 2021 by Business UnitAura’s updated projected cash costs per gold equivalent produced in 2021 by Business UnitBreakdown of capital expenditures, estimated by type of investment, for the updated projectionBreakdown of capital expenditures, estimated by type of investment, for the updated projectionROAD TOWN, British Virgin Islands, Nov. 09, 2021 (GLOBE NEWSWIRE) — Aura Minerals, Inc. (“Aura Minerals” or the “Company”)...

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The Keg Royalties Income Fund Announces Third Quarter 2021 Results

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, B.C., Nov. 09, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended September 30, 2021 (the “quarter”) and for the nine months ended September 30, 2021 (“YTD”). HIGHLIGHTSRoyalty Pool sales up 43.4% to $152.3M for the quarter and up 4.9% to $280.1M YTD KRL system sales up 42.0% to $153.5M for the quarter and up 3.9% to $281.4M YTD Distributable cash up 82.9% to 15.7 cents/Fund unit government mandated for the quarter and down 35.9% to 34.2 cents/Fund unit YTD Payout ratio was 133.7% for the quarter and 127.3% YTDRoyalty Pool sales reported by the 106 Keg restaurants in the Royalty Pool were $152,274,000 for the quarter, an increase of $46,108,000...

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Imperial Reports Third Quarter 2021 Financial Results

VANCOUVER, British Columbia, Nov. 09, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2021, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards (“IFRS”). The reporting currency of the Company is the Canadian (“CDN”) Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue decreased to $37.1 million in the September 2021 quarter compared to $38.2 million in the 2020 comparative quarter, a decrease of $1.1 million. In the September 2021 quarter, the Red Chris mine (100% basis) had 4.0 concentrate shipments (2020-4.3 concentrate shipments). Variations in revenue are impacted by...

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Integral Acquisition Corporation 1 Announces Closing of $115,000,000 Initial Public Offering

NEW YORK, Nov. 09, 2021 (GLOBE NEWSWIRE) — Integral Acquisition Corporation 1 (Nasdaq: INTEU) (the “Company”) announced today that, on November 5, 2021, it closed its initial public offering of 11,500,000 units, including 1,500,000 units issued upon exercise in full by the underwriter of its option to purchase additional units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $115,000,000.  The Company’s units are listed on The Nasdaq Global Market, or Nasdaq, and commenced trading on November 3, 2021 under the ticker symbol “INTEU”. Each unit consists of one share of Class A common stock of the Company and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are...

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