Month: June 2022

X4 Pharmaceuticals Announces $55 Million Private Placement Financing and Debt Facility Amendment Extending Interest-Only Period by up to 12 Months

X4 Pharmaceuticals Announces $55 Million Private Placement Financing and Debt Facility Amendment Extending Interest-Only Period by up to 12 Months

BOSTON, June 30, 2022 (GLOBE NEWSWIRE) — X4 Pharmaceuticals, Inc. (Nasdaq: XFOR), a leader in the discovery and development of novel CXCR4-targeted small molecule therapeutics to benefit people with rare immune system disorders, today announced that it has agreed to sell an aggregate of 50,925,365 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase an aggregate of 50,925,365 shares of common stock, to certain institutional accredited investors in a private investment in public equity (PIPE) financing. X4 anticipates that gross proceeds from the PIPE will be approximately $55 million, before deducting fees to the placement agent and other estimated offering expenses payable by the Company. The closing of the financing is expected to occur on or about July 6, 2022, subject to customary closing...

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InPlay Oil Corp. Announces Extension of Senior Credit Facility

InPlay Oil Corp. Announces Extension of Senior Credit Facility

CALGARY Alberta, June 30, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the Term Out Date and Borrowing Base redetermination applicable to the revolving line of credit (Tranche A and Operating Facilities) under the Company’s Senior Credit Facility has been extended from June 30, 2022 to July 29, 2022. InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide additional time to finalize terms. For further information please contact: Doug BartolePresident and Chief Executive OfficerInPlay Oil Corp. Telephone: (587) 955-0632 Darren Dittmer Chief Financial Officer InPlay Oil Corp. Telephone: (587) 955-0634

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Itafos Announces Production and Sales of Hydrofluorosilicic Acid at Conda

Itafos Announces Production and Sales of Hydrofluorosilicic Acid at Conda

HOUSTON, June 30, 2022 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) announced today that Conda has begun production and sales of hydrofluorosilicic acid (“HFSA”). The Company previously identified the extraction and commercialization of HFSA as an organic growth opportunity to monetize the fluoride contained in Conda’s ore. “We are pleased to have safely and successfully completed our HFSA plant at Conda and look forward to supplying the North American market for many years to come. Our team did an incredible job to bring this initiative from concept to production in 18 months,” said G. David Delaney, CEO of Itafos. Conda’s existing phosphoric acid evaporation process was modified so as to have the capacity to extract up to 30,000 wet short tons per year of HFSA. The modifications were completed as part...

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The Limestone Boat Company Announces Approval of Stock Option Grants

The Limestone Boat Company Announces Approval of Stock Option Grants

COLLINGWOOD, Ontario, June 30, 2022 (GLOBE NEWSWIRE) — The Limestone Boat Company (the “Company”) (TSXV: BOAT | OTCQB: LMSBF) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – announced today that its board of directors has approved the grant of an aggregate of 4,745,000 stock options (each, an “Option“) to certain directors, officers, employees of the Company in accordance with the Company’s omnibus equity incentive plan. Each Option will be exercisable into one common share in the capital of the Company (each, a “Share“) at a price of $0.12 per Share for a period of five years from the date of the grant. This Option grant makes up part of the compensation and retention incentives anticipated by the Company’s omnibus equity incentive plan. For the first time since...

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Else Announces Voting Results from Annual General Meeting of Shareholders

Else Announces Voting Results from Annual General Meeting of Shareholders

VANCOUVER, British Columbia, June 30, 2022 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) (the “Company”) is pleased to announce that at its annual general meeting of the shareholders held on June 30, 2022 all resolutions put to the shareholders were passed. At the meeting, shareholders approved setting the number of directors at seven and re-electing all of management’s director nominees, as listed in the management proxy circular dated May 9, 2022, to the board of directors to serve until the next annual general meeting. In addition, shareholders approved the re-appointment of Kost Forer Gabbay & Kasierer, a member firm of Ernst & Young Global Limited, as the Company’s auditor. A total of 42,112,902 or 40.19% of the Company’s issued and outstanding shares were represented at the...

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Enjoy Life Natural Brands, LLC Conducts Nationwide Voluntary Recall of Select Bakery Products Due to Potential Presence of Foreign Material

Enjoy Life Natural Brands, LLC Conducts Nationwide Voluntary Recall of Select Bakery Products Due to Potential Presence of Foreign Material

CHICAGO, June 30, 2022 (GLOBE NEWSWIRE) — Enjoy Life Natural Brands LLC announced today a voluntary recall, out of an abundance of caution, of a limited quantity of a select list of baked snacks products due to the potential presence of hard plastic pieces. The company became aware of this issue as a result of internal quality assurance surveillance. This recall is limited exclusively to the Enjoy Life products and Best By Dates listed in the grid below which are sold in retail stores and online in the United States and Canada. No other Enjoy Life Foods products are affected by this voluntary recall. The products being recalled are available at: http://ml.globenewswire.com/Resource/Download/c4abd216-e3d9-49aa-94ca-0ca0199f2721 There have been no reports of injury or illness received by Enjoy Life Foods to date related to these...

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Candente Copper Provides Update on Implementation of Majority Voting Policy

Candente Copper Provides Update on Implementation of Majority Voting Policy

VANCOUVER, British Columbia, June 30, 2022 (GLOBE NEWSWIRE) — Candente Copper Corp. (TSX:DNT, BVL:DNT, US:CCOUF) (“Candente Copper” or “the Company”) announced in its press release dated June 23, 2022 that at the Company’s recent annual meeting of shareholders held on June 22, 2022 (the “AGM”), while all of management’s nominee directors were re-elected, Joanne Freeze, Sean Waller, George Elliott and Andres Milla (the “Withheld Vote Directors”) received a greater number of withheld votes (the “Withheld Votes”) than votes in favour of their election. In accordance with the Company’s majority voting policy, each of the Withheld Vote Directors have offered their resignation to the Company, to be effective upon the acceptance of such resignation by the Company’s board of directors (the “Board”), with the Withheld Vote Directors...

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Billy Goat Brands Announces Letter of Intent

Billy Goat Brands Announces Letter of Intent

VANCOUVER, British Columbia, June 30, 2022 (GLOBE NEWSWIRE) — Billy Goat Brands Ltd. (the “Company” or “Billy Goat Brands”) (CSE: GOAT), an investment issuer focused on investing in high-potential companies operating in the food technology sector, is pleased to announce it has entered into a non-binding Letter of Intent (the “LOI”) dated June 30, 2022 with Kojo Pet Performance Inc. (“Kojo”). The LOI contemplates a Proposed Transaction, whereby the Company would acquire all issued and outstanding securities of Kojo by way of a share exchange agreement. Kojo is an innovative pet-food brand focused on producing and marketing plant and cell-based pet food offerings. The Proposed Transaction Pursuant to the proposed transaction, the Company will issue common share in its capital to the holders of common shares in the capital of Kojo...

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Hampton Financial Corporation Announces Completion of First Tranche of Non-Brokered Private Placement of Unsecured Convertible Debentures

Hampton Financial Corporation Announces Completion of First Tranche of Non-Brokered Private Placement of Unsecured Convertible Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 30, 2022 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV: HFC) (TSXV: HFC.PR.A) is pleased to announce the closing of the first tranche of a non-brokered private placement of unsecured convertible debentures (the “Debentures”) in the principal amount of $2,291,000. The closing of the first tranche is part of a larger offering of Debentures in the aggregate principal amount of up to CAD$6,000,000 (the “Offering”). The Debentures will mature five (5) years after the issue date (the “Maturity Date”) and will bear interest at the rate of 9.0% per annum, payable quarterly in arrears on the last day of March, June, September and December in each year until the Maturity Date. The first interest...

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BRT Apartments Corp. Completes Transactions

BRT Apartments Corp. Completes Transactions

– Purchases Remaining 20% Interest in Partnership that Owns Grove at River Place – – Sale of The Vive to Generate in Excess of a $21 million Gain on Sale – GREAT NECK, N.Y., June 30, 2022 (GLOBE NEWSWIRE) — BRT Apartments Corp. (NYSE:BRT) today announced the purchase for $7.5 million of the remaining 20% interest held by its joint venture partner in the entity that owns Grove at River Place, a 240-unit multi-family property located in Macon, Georgia. In 2021, this property contributed $107,000 in equity in earnings of unconsolidated joint venture. As a result of the completion of this purchase, BRT will include on its consolidated balance sheet the approximate $10.4 million of mortgage debt currently on the property, with an interest rate of 4.39% and 3.6 years of remaining term to maturity. BRT also announced that the unconsolidated...

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