Day: June 8, 2022

On the 7th of June, AS Harju Elekter signed a letter of intent with Reimax Electronics OÜ for the design, construction, and long-term lease of the production building at Allika Industrial Park. The design of the nearly 6,000 m2 building is planned for the third quarter of this year and will be completed by the end of 2023 at the latest. The construction cost is approximately 6.5 million euros. Reimax Eletronics OÜ is the subsidiary of Reimax Electronics Oy, founded in 1991, which is focused on manufacturing of electric harnesses, fibre optic cables and equipment cables, as well as electromechanical assemblies. The real estate unit of Harju Elekter Group is engaged in the development of industrial real estate, project management, leasing, and related services for both rental partners and Harju Elekter’s own companies. The real estate...

Figure 1 AFCP’s new PWWR Flow Streams logoTORONTO, June 08, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce the launch of PWWR Flow Streams (“PWWR Flow”) a brand of its combined heat and power (“CHP”) division, whose assets target the delivery of improved energy efficiency of more than 20% with lower costs to customers whether in multi-residential or commercial applications. PWWR Flow has contracted to deploy its existing CHP assets in Toronto, Canada, and is advancing a robust pipeline of future potential contracts having a value of over $50 million. A photo accompanying this announcement...

VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has amended certain terms of its previously announced cash tender offer (the “Tender Offer”) to purchase up to US$500 million aggregate principal amount (subject to increase or decrease by Teck, the “Aggregate Maximum Tender Amount”) of its outstanding notes listed in the table below (collectively, the “Notes” and each a “Series” of Notes), in the order of priority shown in the table below. Teck amended the Tender Offer as follows:extended the (i) Early Tender Deadline to 5:00 p.m., New York City time, on June 13, 2022 (originally June 7, 2022), (ii) Price Determination Date to 10:00 a.m., New York City time on June 14, 2022 (originally June 8, 2022), and (iii) Early Settlement...

Achieved Total Average Production(1) of 30,556 BOPD During Second Quarter-to-Date 2022 Total Current Average Production(2) of 33,140 BOPD Paid Down Credit Facility Balance to $0 Acordionero and Costayaco Infill Development Drilling Campaigns Yielding Encouraging Results Spud the Company’s First Exploration Well of 2022 in the Putumayo Basin of Colombia on June 2, 2022 Secured Drilling Rig to Begin Planned Ecuador Exploration Program During Third Quarter 2022CALGARY, Alberta, June 07, 2022 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced an operational and financial update. All dollar amounts are in United States dollars, and production amounts are on an average working interest before royalties (“WI”) basis unless otherwise indicated. Per...

CALGARY, Alberta, June 07, 2022 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced the early participation results of its previously announced offers to Eligible Holders (as defined herein) to exchange (such offers, the “Exchange Offers”) (i) any and all of the outstanding 6.25% Senior Notes due 2025 issued by Gran Tierra Energy International Holdings Ltd. (“GTEIH”) on February 15, 2018 (CUSIP: 38502HAA3 / G4066TAA0; ISIN: US38502HAA32 / USG4066TAA00) (the “2025 Notes”), and (ii) any and all of the outstanding 7.750% Senior Notes due 2027 issued by the Company on May 23, 2019 (CUSIP: 38502JAA9 / U37016AA7; ISIN: US38502JAA97 / USU37016AA70) (the “2027 Notes” and, together with the 2025 Notes, the “Existing Notes”) for newly issued 8.750% Senior Secured...

ROSEMONT, Ill., June 07, 2022 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (NASDAQ: WTFC) today announced the pricing of its upsized underwritten public offering of 3,000,000 shares of its common stock at a price to the public of $86.00 per share. In connection with the offering, Wintrust has granted the underwriters a 30-day option to purchase up to 450,000 additional shares of common stock. The offering is expected to close on June 10, 2022, subject to customary closing conditions. Assuming the underwriters do not exercise their option to purchase additional shares, Wintrust expects to receive net proceeds for the offering of approximately $248.4 million, after deducting underwriting discounts and commissions and estimated offering expenses.   Wintrust intends to use the net proceeds from this...

VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) — Golden Sky Minerals Corp. (AUEN.V) OTC (LCKYF) (the “Company” or “Golden Sky”) announces that, subject to TSX Venture Exchange approval, it has reduced the exercise price of 9,369,152 common share purchase warrants (the “Warrants) to $0.45. The Warrants were issued pursuant to the following private placement financings:• December 18, 2019 4,918,299 share purchase warrants exercisable at $0.60• December 31, 2020 1,125,277 share purchase warrants exercisable at $0.80 and    362,500 share purchase warrants exercisable at $0.75• July 20, 2021 2,963,076 share purchase warrants exercisable at $0.80The Company has also applied to extend the exercise period of all of the Warrants to December 31, 2022. About Golden Sky Minerals Corp. Golden Sky Minerals Corp. is...