Day: February 25, 2022

Falco Announces Annual Grant of Stock Options

Written by Customer Service on February 25, 2022. Posted in Public Companies.

MONTREAL, Feb. 25, 2022 (GLOBE NEWSWIRE) — Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”) announces that the Corporation’s Board of Directors approved a grant of incentive stock options to directors, officers and key employees to purchase up to an aggregate of 3,525,000 common shares of the Corporation. In accordance with the Long Term Incentive Plan of the Corporation, all grants are subject to a three-year vesting period and a five-year term. Options to key employees were granted at an exercise price of $0.29 per share being the closing price of the common shares of the Corporation listed on the TSX Venture Exchange on February 25, 2022 (the “Closing Price”). Options to Directors and Officers were granted at an exercise price of $0.40 per share, which is consistent with the equity financings completed by the...

Equity Research Firm Updates EnviroGold Global Analysis, Upgrades Price Target

Written by Customer Service on February 25, 2022. Posted in Public Companies.

TORONTO, Feb. 25, 2022 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE: NVRO | OTCQB: RGOZF |FSE: YGK) (“EnviroGold Global” or the “Company“), a Clean Technology Company accelerating the world’s transition to a circular-resource economy through the production of Metals Without Mining, is covered by Red Cloud Securities Inc (“Red Cloud”). Red Cloud Mining Analyst Koby Kushner, P.Eng, initiated coverage of EnviroGold Global on January 27, 2022 with a “Buy (S)” rating and a target price of C$ 0.70/share. The initiating report, titled “One Mine’s Trash is EnviroGold’s Treasure”, is available via Red Cloud Securities at the following link: https://bit.ly/RedCloudReportLink On February 22nd, 2022, the “Buy (S)” rating was affirmed and the target price revised from C$ 0.70 to C$ 0.80 with an update to the initiating report titled, “Hellyer...

Lee Enterprises Comments on Favorable Ruling from Delaware Court of Chancery

Written by Customer Service on February 25, 2022. Posted in Public Companies.

Court Rules Against Alden for Second Time, Denying All of Its Latest Motions Annual Shareholder Meeting To Be Held As Scheduled on March 10 DAVENPORT, Iowa, Feb. 25, 2022 (GLOBE NEWSWIRE) — Lee Enterprises, Incorporated (NASDAQ: LEE) announced that the Delaware Court of Chancery today denied all of the motions brought by Alden Global Capital LLC (together with its affiliates, “Alden”), which were aimed at delaying the Company’s 2022 Annual Meeting. The Company issued the following statement:“This is now the second court ruling in less than two weeks rejecting Alden’s desperate efforts to destabilize Lee and push its grossly undervalued proposal to purchase the Company. Lee applauds the Court’s latest decision and looks forward to holding its 2022 Annual Meeting on March 10, 2022, as planned.”Lee urges shareholders to vote FOR all...

Baden Announces Closing of Non-Brokered Private Placement

Written by Customer Service on February 25, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 25, 2022 (GLOBE NEWSWIRE) — Baden Resources Inc. (CSE: BDN) (“Baden” or the “Company“) is pleased to announce it has closed its previously announced non-brokered private placement (the “Private Placement“) consisting of 2,000,000 units (“Units“) at a price of $0.10 per Unit for total gross proceeds of $200,000. Each Unit consists of one common share (a “Common Share“) and one whole Common Share purchase warrant (a “Warrant“). Each Warrant is exercisable for one additional Common Share at an exercise price of $0.13 for until May 25, 2023. All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day from the date of issuance. The Company intends to use the net proceeds...

Teck Announces Expanded Net-Zero Climate Strategy

Written by Customer Service on February 25, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 25, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced an expansion to its climate action strategy, including a new short-term goal to achieve net-zero Scope 2 (purchased electricity) greenhouse gas (GHG) emissions by 2025 and an ambition to achieve net-zero Scope 3 (value chain) emissions by 2050, building on the existing commitment to achieve net-zero emissions across operations by 2050. “Teck is committed to reducing emissions across our operations and throughout the value chain of our products. This expanded climate strategy builds on the progress we have made so far to reduce our GHG footprint and to support global action on climate change,” said Don Lindsay, President and CEO. “We will work closely with our customers and suppliers...

Avante Logixx Inc. Announces Adjusted EBITDA of $1.0 Million (or $0.05 per Share) for Its Third Quarter Ended December 31, 2021 on Revenues of $23.3 Million

Written by Customer Service on February 25, 2022. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. news wire services or for dissemination in the United States TORONTO, Feb. 25, 2022 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) released financial results for its third fiscal quarter ended December 31, 2021 (all amounts in thousands of Canadian dollars, unless otherwise indicated). In addition, the Company’s Board of Directors concluded the Strategic Review and, on February 9, 2022, announced that SSC Security Services Corp (TSXV: SECU; “SSC”) had agreed to acquire 100% of the Company’s common shares subject to shareholder and regulatory approval (see the “Subsequent Events” note below). RESULTS FOR THE THREE-MONTH PERIOD ENDED DECEMBER 31, 2021Avante’s Fiscal Year End is March 31. Three Months EndedExpressed in C$ thousands, unless otherwise noted 31-Dec-20 30-Sep-21 31-Dec-21Revenues $25,204 $22,601 $23,286Gross...

DIRTT Files Preliminary Proxy Statement for Annual and Special Meeting of Shareholders

Written by Customer Service on February 25, 2022. Posted in Public Companies.

DIRTT Nominates Mr. Charlie Chiappone for election to the Board at the 2022 Annual General Meeting CALGARY, Alberta, Feb. 25, 2022 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (Nasdaq: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, today announced that it has filed a preliminary proxy statement (the “Preliminary Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) for its annual and special meeting of shareholders scheduled to be held on April 26, 2022 (the “Meeting”). The Company also announced that it intends to nominate Mr. Charlie Chiappone for election to the board of directors (the “Board”) at the Meeting, as well as six of the seven current directors of the Company....

Algoma Steel Group to Present at the BMO 31st Global Metals & Mining Conference

Written by Customer Service on February 25, 2022. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Feb. 25, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that the Company will present at the BMO 31st Global Metals & Mining Conference on Tuesday, March 1, 2022 at 9:30 a.m. Eastern Time. Prior to Algoma’s attendance at this conference, the Company will post a copy of the presentation in the Investors section of its website. A live audio webcast will be available at the time of the event and may be accessed through the Investors section of the Company’s website at www.algoma.com . A replay of the audio webcast will be available after the event. About Algoma Steel Group Inc. Based in Sault Ste. Marie, Ontario, Canada, Algoma is a fully integrated...

Brookfield Infrastructure Announces Intention to Redeem its Series 7 Preferred Units

Written by Customer Service on February 25, 2022. Posted in Public Companies.

BROOKFIELD, News, Feb. 25, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (TSX: BIP.UN; NYSE: BIP) today announced that it intends to redeem all of its outstanding Cumulative Class A Preferred Limited Partnership Units, Series 7 (the “Series 7 Preferred Units”) (TSX: BIP.PR.D) for cash on March 31, 2022. The redemption price for each Series 7 Preferred Unit will be C$25.00. Holders of Series 7 Preferred Units of record as of February 28, 2022 will receive the previously declared final quarterly distribution of C$0.3125 per Series 7 Preferred Unit. Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across North and South America, Asia Pacific and Europe. We are focused on assets that have...

FINWARD BANCORP ANNOUNCES FIRST QUARTER DIVIDEND

Written by Customer Service on February 25, 2022. Posted in Public Companies.

MUNSTER, Ind., Feb. 25, 2022 (GLOBE NEWSWIRE) — Finward Bancorp (“Finward”), the parent company for Peoples Bank, today announced that the Board of Directors of Finward declared a dividend of $0.31 per share payable on April 4, 2022, with a record date of March 25, 2022. About Finward Bancorp Finward Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 30 locations in Lake and Porter Counties in Northwest Indiana and the Chicagoland area. Finward Bancorp’s common stock is quoted on the NASDAQ Capital Market under the symbol FNWD. The website ibankpeoples.com provides information...

Day: February 25, 2022

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