Day: January 24, 2022

CALGARY, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company“) (TSX: PRQ) is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2022 OTCQX Best 50 were ranked based on their performance in 2021. Petrus’ President & CEO, Ken Gray, commented “We are excited to have been named to the 2022 OTCQX Best 50 list. This past year was a transformative one for Petrus and through a disciplined strategy, the...

FRISCO, TX, Jan. 24, 2022 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that its proved oil and natural gas reserves as of December 31, 2021 were estimated at 6.1 trillion cubic feet equivalent (“Tcfe”) as compared to total proved oil and gas reserves of 5.6 Tcfe as of December 31, 2020. The reserve estimates were determined under the SEC guidelines and were audited by the Company’s independent reserve engineering firm. The 6.1 Tcfe of proved reserves at December 31, 2021 were 37% developed and 98% were operated by Comstock. The present value, using a 10% discount rate, of the future net cash flows before income taxes of the proved reserves (the “PV-10 Value”), was approximately $6.8 billion, using the Company’s average...

New York, NY, Jan. 24, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that, on January 18, 2022, its wholly-owned subsidiary, Classroom Salon Holdings LLC (“Classroom Holdings”), a Delaware limited liability company, executed membership interest purchase agreements and assignments of membership interests for the acquisition of 100% of the interest in Classroom Salon LLC (“Classroom Salon”), a Pennsylvania limited liability company that utilizes interfaces, workflows and algorithms to offer educators unique tools to teach and assess their students’ course work, pending the successful completion of a two-year audit of Classroom Salon. All members of Classroom Salon, including Carnegie Mellon University, in partnership with...

RALEIGH, N.C., Jan. 24, 2022 (GLOBE NEWSWIRE) — First Citizens BancShares, Inc. (Nasdaq: FCNCA) (“First Citizens”), parent company of First-Citizens Bank & Trust Company (“First Citizens Bank”), today announced that First Citizens Bank has given notice of its intention to redeem approximately $2.9 billion of its senior unsecured debt. On January 24, 2022, First Citizens Bank notified Wilmington Trust, National Association, as trustee (the “Trustee”), and Deutsche Bank Trust Company Americas, as paying agent, security registrar and authenticating agent (the “Paying Agent”), of its intention to redeem on February 24, 2022 (the “Redemption Date”) (a) all of its outstanding $1,147,000,000 aggregate principal amount of 5.000% Senior Unsecured Notes due 2022 (the “2022 Notes”), (b) all of its outstanding $750,000,000 aggregate principal...

Enters into service agreement that permits third party miner to access Cloud Nine’s unused computer processing power of its userbase for cryptocurrency mining Company continues to grow userbase through no-charge Limitless VPN (virtual private network) available at www.limitlessvpn.com Management anticipates commencing mining once userbase reaches 50,000 registered active usersVANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) — Cloud Nine Web3 Technologies Inc. (CSE: CNI) (OTC: CLGUF) (FRANKFURT: 1JI0) (“Cloud Nine” or the “Company”), a leading decentralized network and data storage technology company, announces it has entered into a third party services agreement with Argent Crypto, Inc., a British Columbia cryptocurrency based Money Services Business (the “Crypto MSB”), whereby the Crypto MSB has agreed to access...

KUALA LUMPUR, MALAYSIA, Jan. 24, 2022 (GLOBE NEWSWIRE) — DUET Acquisition Corp. (Nasdaq: DUETU) (the “Company”) announced today the closing of its initial public offering of 7,500,000 units at $10.00 per unit (the “Offering”). Each unit consists of one of the Company’s Class A common stock and one redeemable warrant. Each warrant entitles the holder thereof to purchase one Class A common stock at a price of $11.50 per share. The underwriters exercised their over-allotment option in full for an additional 1,125,000 units at the time of the closing of the Offering. As a result, the aggregate gross proceeds of the Offering, including the over-allotment, is approximately $86.25 million, prior to deducting underwriting discounts, commissions, and other Offering expenses. The Company’s units began trading on the Nasdaq...

JERSEY CITY, N.J., Jan. 24, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced that it has entered into a definitive agreement to sell its 3E business to New Mountain Capital, a growth-oriented investment firm with over $35 billion in assets under management, for a potential aggregate cash consideration of up to $950 million. Verisk’s 3E business, part of its energy and specialized markets segment, delivers intelligent compliance solutions that enable companies to manage global regulatory compliance, product stewardship risk and drive continuous improvement to support their environmental health and safety (EHS) initiatives. 3E offers industry-leading software and information services to 5,000 customers worldwide, including industry leaders across chemical manufacturing, retail...

Paul Hetterich assumes role of Chair, Beer Division as part of leadership transition VICTOR, N.Y., Jan. 24, 2022 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced new responsibilities for two members of its Executive Management Committee, effective immediately. Jim Sabia, who has served as Constellation’s Executive Vice President and Managing Director, Beer Division, since February 2021, will assume the role of Executive Vice President and President, Beer Division with day-to-day general management responsibilities for all U.S. commercial and operations functions related to the company’s beer business. Paul Hetterich will transition from his current responsibilities as Executive Vice President and President, Beer Division to assume the role of Executive Vice...

SANTA MONICA, Calif., Jan. 24, 2022 (GLOBE NEWSWIRE) — Opiant Pharmaceuticals, Inc. (“Opiant”) (NASDAQ: OPNT) today announced a modification to its contract with the Biomedical Advanced Research and Development Authority (“BARDA”) for an additional commitment of up to $2.2 million to support OPNT003, nasal nalmefene, for opioid overdose. The increase in funding is primarily directed toward the costs of Opiant’s clinical studies to support its submission of OPNT003 to the Food and Drug Administration (“FDA”). Opiant is currently completing a non-inferiority pharmacodynamic (“PD”) study comparing nasal nalmefene with nasal naloxone in reversing respiratory depression produced by remifentanil, a synthetic opioid. In a confirmatory pharmacokinetic (“PK”) study, conducted last year, OPNT003 exhibited fast absorption and high plasma...

California-based water filtration manufacturer to distribute systems through Hydrofarm FAIRLESS HILLS, Pa., Jan. 24, 2022 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), announced it has entered into an agreement with California-based AXEON Water Technologies (“AXEON”), a leading manufacturer of water purification solutions, to distribute new lines of reverse osmosis water filtration systems and solutions for the horticultural market. The partnership between AXEON and Hydrofarm will allow for many of the nation’s top retailers and professionals to gain access to high-quality, technologically advanced purification systems and membrane filtration solutions. “AXEON...