Day: June 14, 2022

Reunion Gold Announces Upsize of Bought Deal Private Placement Financing to $30 Million and Concurrent Non-Brokered Private Placement of $5.9 Million with Significant Shareholder

Written by Customer Service on June 14, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES LONGUEUIL, Quebec, June 14, 2022 (GLOBE NEWSWIRE) — Reunion Gold Corporation (“Reunion” or the “Company”) (TSXV: RGD; OTCQB: RGDFF), is pleased to announce that it has entered into a revised agreement with Sprott Capital Partners, on behalf of a syndicate of underwriters, to increase the size of the previously announced bought deal private placement financing (the “Offering”). Pursuant to the amendment, the underwriters have agreed to purchase 115,500,000 units of the Company (“Units”) at a price of C$0.26 per unit for an aggregate purchase price of C$30,030,000. The other terms of the Offering, including the over-allotment option, remain unchanged from the Company’s news release dated June 14, 2022. Each Unit will consist of one...

Maxim Power Corp. Announces New Board Member and Annual General and Special Meeting Election Results

Written by Customer Service on June 14, 2022. Posted in Public Companies.

CALGARY, Alberta, June 14, 2022 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation“) (TSX: MXG) is pleased to announce the appointment of Ms. Andrea Whyte to the Board of Directors of the Corporation, effective June 14, 2022. Ms. Whyte is currently a corporate partner at Osler, Hoskin & Harcourt LLP where she has been practicing law for over 20 years in the areas of mergers and acquisitions, corporate finance and corporate governance. The Board of Directors would also like to acknowledge Johann Polz, a director of MAXIM who did not stand for re-election at the Meeting and want to thank Mr. Polz for the years of service to MAXIM. Board of Directors Election Results MAXIM held its 2022 annual general and special meeting of shareholders on June 14, 2022 (the “Meeting”). A ballot was conducted...

LGI Homes Opens New Community in the Albuquerque Market

Written by Customer Service on June 14, 2022. Posted in Public Companies.

Jardin De Belen features one-story, new-construction homes from the $280sThe Vera Cruz plan at Jardin De Belen by LGI Homes LGI Homes at Jardin De Belen offers new, move-in ready homes loaded with upgrades in Belen, NM. Pricing starts from the high-$200s.ALBUQUERUE, N.M., June 14, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Jardin De Belen, its newest community in the Albuquerque market. Located near Los Lunas, in the town of Belen, this new community showcases 213 brand-new single-family homes, all one-story and loaded with upgrades. “We are excited to continue our growth in Belen, where the demand for homeownership remains very strong. We are offering brand-new floor plans that have never been built before and were designed specifically for Jardin De Belen. Sitting atop a plateau...

Fortinet to Support Singapore’s Quest for Quantum-Safe Future

Written by Customer Service on June 14, 2022. Posted in Public Companies.

NUS signs MOU with Fortinet on quantum security technologies SINGAPORE, June 15, 2022 (GLOBE NEWSWIRE) — Fortinet®, a global leader in broad, integrated and automated cybersecurity solutions, has announced a collaboration with Singapore’s Quantum Engineering Programme (QEP) to support Singapore’s National Quantum-Safe Network (NQSN) project. Funded by the National Research Foundation, Singapore (NRF), the NQSN seeks to develop an ultra-secure communications and services infrastructure to safeguard digital transactions against sophisticated cyber threats. Representatives from Fortinet and the National University of Singapore (NUS), which hosts the QEP, signed a memorandum-of-understanding (MOU) at the TechXLR8 Asia event in Singapore on 3rd June 2022. Fortinet’s work with NQSN will support QEP in proof of concepts and...

Farmers & Merchants Bancorp, Inc. Announces Agreement to Acquire Peoples-Sidney Financial Corporation, Sidney, Ohio

Written by Customer Service on June 14, 2022. Posted in Mergers And Acquisitions.

ARCHBOLD, Ohio, June 14, 2022 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (“F&M”, “FMAO”, or the “Company”) (Nasdaq: FMAO), the holding company for Farmers & Merchants State Bank, announced today that it has signed an agreement and plan of merger (the “Agreement”) whereby F&M will acquire Peoples-Sidney Financial Corporation (“Peoples” or “PPSF”) (OTC Pink: PPSF) and its wholly owned subsidiary Peoples Federal Savings and Loan Association, in a stock and cash transaction. Peoples operates from its main office in Sidney, Ohio, two full-service branch offices located in Anna, Ohio and Jackson Center, Ohio, and a drive-through facility in Sidney. At March 31, 2022, PPSF reported $132.7 million in total assets, $99.9 million in loans, $114.8 million in deposits and $15.4 million in tangible common equity. Subject...

GCM Mining Corp. Acquires 6,700,000 Common Shares in Denarius Metals Corp. and Files Early Warning Report

Written by Customer Service on June 14, 2022. Posted in Mergers And Acquisitions.

TORONTO, June 14, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced that it filed an early warning report in connection with its acquisition today over the TSX Venture Exchange of an aggregate of 6,700,000 common shares (the “Denarius Shares”) of Denarius Metals Corp. (“Denarius”) (TSXV:DSLV; OTCQB: DNRSF). The Denarius Shares were acquired at a price of $0.25 per share for an aggregate purchase price of $1,675,000 and was effected through a block trade. The 6,700,000 Denarius Shares represent approximately 3.23% of the issued and outstanding shares of Denarius. Prior to the acquisition of the Denarius Shares, GCM Mining held 59,318,889 common shares, representing approximately 28.57% of the issued and outstanding shares of Denarius. After completion of the acquisition,...

Algoma Steel Group Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results

Written by Customer Service on June 14, 2022. Posted in Earnings Releases And Operating Results.

Record Full-Year Revenue, Adjusted EBITDA and Free Cash Flow Performance Electric Arc Furnace Construction Advancing as Planned Announces Intention to Launch US$400 Million Substantial Issuer Bid in June as Part of Its Capital Allocation Strategy SAULT STE. MARIE, Ontario, June 14, 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 results for its fiscal fourth quarter and full year ended March 31, 2022. Unless otherwise specified, all amounts are in Canadian dollars. Business Highlights and Fiscal 2022 to Fiscal 2021 Fourth Quarter ComparisonsConsolidated revenue of $941.8 million, up 47.5% from $638.5 million in the prior-year quarter. Consolidated income from operations of...

Currency Exchange International Announces Financial Results for the Three and Six-Month Periods Ended April 30, 2022

Written by Customer Service on June 14, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, June 14, 2022 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Company”) (TSX: CXI; OTCBB: CURN), announces its financial results and management’s discussion and analysis (“MD&A“) for the three and six-month periods ended April 30, 2022 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com. Randolph Pinna, CEO of the Company, stated, “Q2 was another strong quarter for CXI, generating a second consecutive quarter of record revenue and significant profitability as travel restrictions are gradually lifted globally. As the threat from the Omicron variant receded during the quarter, demand for some currencies, especially the Euro, increased significantly. Based...

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

Written by Customer Service on June 14, 2022. Posted in Dividend Reports And Estimates.

SHAKOPEE, Minn., June 14, 2022 (GLOBE NEWSWIRE) — Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today announced that the Company’s Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on July 14, 2022 to stockholders of record on June 30, 2022. At this quarterly rate, the annual dividend is equivalent to $0.28 per common share. About Canterbury Park Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to December. The Card Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company...

Beatons Creek Fresh Feasibility Study Update

Written by Customer Service on June 14, 2022. Posted in Public Companies.

Figure 1 Grant’s Hill Fresh mineral resource definition RC drillingFigure 2 Plan view of Beatons Creek Fresh mineral resource definition and extension programsFigure 3 Section view A-A’ Beatons Creek Fresh mineral resource definition and extension programsFigure 4 Section view B-B’ Beatons Creek Fresh mineral resource definition and extension programsFigure 5 Section view C-C’ Beatons Creek Fresh mineral resource definition and extension programsHIGHLIGHTSA feasibility study for mining of the Beatons Creek gold project (“Beatons Creek”) Fresh mineral resource (“Feasibility Study”) is underway, with completion targeted by mid-Q4 2022 Metallurgical and geotechnical diamond drilling programs have been completed, with assaying and metallurgical test work underway and due for completion by the end of July 2022 Phase one of...

Day: June 14, 2022

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