Month: January 2022
Regional Map of GFG Gold ProjectsLocation of GFG Gold ProjectsMontclerg Gold Project Plan View MapPlan view map of the Montclerg Gold Project with drill holesMontclerg Gold Project Cross Section MapCross section map of the MC Central Zone at the Montclerg Gold ProjectSASKATOON, Saskatchewan, Jan. 24, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has received assays from the first hole from its 2021 Phase 1 drill program at the Montclerg Gold Project (the “Project” and/or “Montclerg”) (See news release: “GFG Provides Exploration Update and Launches 3,000 Metre Drill Program at Montclerg Gold Project, East of Timmins”). The hole returned both high grade and bulk tonnage intercepts from the MC Central Panel at...
K92 Mining 2022 Operational Guidance Forecasts Significant Production Increase
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Production in 2022 is expected to grow up to 34% year over year, with gold equivalent (“AuEq”) production of 115,000 to 140,000 ounces, a range that incorporates a COVID-19 contingency.
High margin production forecasted in 2022, with cash costs between $560-$640 per ounce gold and all-in sustaining costs (“AISC”) between $890-$970 per ounce gold.
Exploration to increase with $12-$15 million expenditures projected for 2022. With the infill drill program at Kora for the updated resource estimate complete, focus has now shifted to predominantly resource growth drilling at Kora, Judd, Kora South, Judd South and the Blue Lake Porphyry.
Growth capital costs forecasted to be $41-$47 million, which includes the Stage 2A Expansion to increase throughput 25% to 500,000 tonnes per year (1,370 tonnes per day), major upgrades to our underground and...
Gofore Plc: Gofore resolved on incentive plans for the Groups employees and key personnel
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GOFORE PLC STOCK EXCHANGE RELEASE INSIDE INFORMATION 24 JANUARY 2022 AT 13:25
Gofore resolved on incentive plans for the Groups employees and key personnel
Gofore Plc resolved to launch a new plan period in the employee share savings and reward plan
The Board of Directors of Gofore Plc has resolved on the new plan period 2022–2023 of CrewShare share savings plan established in 2018. The details of the new plan period will mainly be conformed to follow the previous plan period’s particulars.
Over 480 Gofore Group employees have participated in the CrewShare plan since its initiation.
The new plan period will commence on 1 March 2022 and end on 28 February 2023. The Plan is offered to all, approximately 990, Gofore employees. Invited employees will be offered an opportunity to save a proportion of their regular salaries (EUR 50–400 per...
Lee Enterprises Files Definitive Proxy Statement and Sends Letter to Shareholders
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Urges Shareholders to Vote FOR the Board’s Three Highly Experienced Nominees to Protect Shareholder Value
Launches Resource for 2022 Annual Meeting at https://investors.lee.net/2022-annual-meeting
DAVENPORT, Iowa, Jan. 24, 2022 (GLOBE NEWSWIRE) — Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today filed definitive proxy materials with the U.S. Securities & Exchange Commission in connection with its 2022 Annual Meeting to be held on March 10, 2022. All shareholders at the close of business on January 12, 2022 are entitled to vote at the Annual Meeting.
This year’s annual meeting is particularly important because in November 2021, a “vulture hedge fundi,” Alden Global Capital (“Alden”), made a hostile bid to buy Lee for just $24 per share, an offer that grossly undervalues Lee and represents a 33% discount...
Suominen completes the repurchases of own shares
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Suominen Corporation’s stock exchange release on January 24, 2022 at 1:00 p.m. EET
As communicated on November 1, 2021, the Board of Directors of Suominen Corporation decided to use the authorization given by the Annual General Meeting held on March 25, 2021 to repurchase the company’s own shares.
The repurchases started on November 3, 2021 and ended on January 21, 2022. During this period, Suominen repurchased 400,000 shares for an average price of EUR 4.9796 per share, corresponding to approximately 0.7% of the total number of the company’s shares, which is 58,259,219.
The repurchased shares are to be used for pay-outs under the share-based incentive programmes of Suominen Corporation. The shares were repurchased through public trading on Nasdaq Helsinki at the market price prevailing at the time of repurchase.
Following the repurchases,...
Solstice Options Ontario Lithium Properties to Green Technology Metals
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Property Portfolio Continues to Generate Value
VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) — Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to announce that it has entered into an option agreement (the ”Option”) with Green Technology Metals Limited (ASX: GT1) (“Green Technology”) that provides Green Technology with the potential to earn a 100% interest in a suite of Lithium exploration properties located in Ontario.
The package is comprised of the Pennock (8 claims), Root Bay (3 claims), Gathering Lake (15 claims) and Superb Lake (5 claims) projects, all non-core holdings located in NW Ontario (collectively, the “Property”).
Mike Timmins, Solstice’s Chief Executive Officer stated, “This agreement provides Solstice shareholders exposure to the exciting Lithium market and is...
Verde launches P4G shareholder earnings strategy after securing Banco do Brasil financing backed by future sales contracts
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BELO HORIZONTE, Brazil, Jan. 24, 2022 (GLOBE NEWSWIRE) — Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) is pleased to announce its Paid for Growth (“P4G”) strategy, a cornerstone program aimed at distributing gains to shareholders as a result of the Company’s continued accelerated market expansion. This will be possible thanks to the availability of a transformative source of funding secured by the Company. Previously, financing could only be secured by invoice discounting or guaranteed by capital goods, now Verde’s future sales contracts are accepted as debt collateral.
The Company also communicates an expansion to its Cultivando Amor program, a charitable initiative aimed at supporting local rural communities.
“In Brazil, no other bank has financed more harvests than Banco do Brasil. In...
Treatment Launches Landmark Doctor Built Digital Health App
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VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) — Treatment.com International Inc. (“Treatment” or the “Company”) (CSE: TRUE; OTC: TREIF; FFA 939) is a global healthcare technology company that has developed a next-generation AI platform to help patients and caregivers around the world make better health decisions.
Today, Treatment announces the global launch of its much-anticipated Treatment Digital Health App, now available in the Apple App Store. The Treatment Digital Health App is a revolutionary symptom assessment tool, built and continually updated by a global team of doctors and engineers to provide users with highly predictive and accurate insights about their health. Powered by Treatment’s proprietary medical AI engine and their groundbreaking Global Library of Medicine (GLM), the Treatment Digital Health App...
Better Choice Company to Ring New York Stock Exchange Opening Bell Today, January 24th
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NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) — Better Choice Company (NYSE: BTTR) (the “Company” or “Better Choice”), a pet health and wellness company, today announced that it will ring The Opening Bell® of the New York Stock Exchange (NYSE) today, Monday January 24, 2022 at 9:30 a.m. ET. The New York Stock Exchange welcomes Better Choice in celebration of its listing under the ticker symbol ‘BTTR’ and the national launch of Halo Elevate™, an innovative new super-premium pet food launching in 2,000+ pet specialty stores this year.
Scott Lerner, CEO of Better Choice, commented, “We are excited to celebrate our listing on the New York Stock Exchange by ringing the NYSE opening bell. As we further our efforts in pursuit of the Company’s growth objectives, we are proud to have become a key leader and innovator in the pet products industry....
Opthea Receives A$6.6 m R&D Tax Incentive
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MELBOURNE, Australia, Jan. 24, 2022 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT; Nasdaq:OPT), a clinical stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, today announced that it has received a A$6.6 million (US$4.9 million) research and development (R&D) tax credit from the Australian Taxation Office. The cash incentive is for research and development costs incurred in the 2020/2021 financial year, and represents the amount disclosed in the company’s audited financial statements at 30 June 2021.
The R&D tax incentive credit relates to both Australian and eligible overseas expenditure for the development of Opthea’s lead candidate OPT-302. The R&D Tax Incentive is as an Australian Federal Government program under which companies can receive cash...
