Day: June 21, 2022

Black Hills Corp. Electric Utility in Wyoming Completes Agreement for First Customer under Blockchain Tariff

Black Hills Corp. Electric Utility in Wyoming Completes Agreement for First Customer under Blockchain Tariff

RAPID CITY, S.D., June 21, 2022 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, completed its first agreement for service under its Blockchain Interruptible Service Tariff. Under the five-year agreement, Black Hills Energy will deliver up to 45 megawatts of electric service with an option to expand service up to 75 megawatts to a new customer in Cheyenne, Wyoming. The crypto mining facility will represent one of the largest bitcoin mining operations in the region, which is expected to be operational and purchasing energy in the fourth quarter of 2022. Energy will be sourced through the electric energy market and delivered through Black Hills’ electric infrastructure. The customer will be responsible...

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Lithium Americas Announces 2022 AGM Results

Lithium Americas Announces 2022 AGM Results

VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce the voting results from its annual meeting of shareholders held on June 21, 2022 (the “Meeting”). A requisite majority of shareholders, casting votes in person or by proxy, approved the following items of business at the Meeting: setting the size of the Board of Directors at nine; electing each of the nine incumbent directors nominated by management; re-appointing PricewaterhouseCoopers LLP (“PwC”) as the Company’s auditor; and approving a non-binding advisory vote on executive compensation. Votes were cast on the matters noted above as follows: Election of Board of Directors Number of Directors Votes For Votes Against Setting the number of directors at nine 42,054,406...

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NuLegacy Gold Updates the 2022 Programs

NuLegacy Gold Updates the 2022 Programs

Multiple targets within both sulphide and oxide Carlin-gold systems RENO, Nev., June 21, 2022 (GLOBE NEWSWIRE) — NuLegacy Gold Corporation updates its 2022 exploration plans for its highly prospective 100% controlled 108 sq. km. flagship Red Hill exploration property located in the prolific Cortez gold trend of north-central Nevada, directly adjacent to, and on trend with, three of Barrick Gold’s six top Tier 1 mines.1 View this news release with all graphics displayed at: https://bit.ly/NUGupdates2022programs Our April 26th, 2022 news release reported that after a lengthy drilling hiatus, on account of a complete property wide review of all previous exploration, a leaner exploration and management team were planning a 16 to possibly 24-hole drilling program for the 2022-23 exploration program. As a result of the work since April,...

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Conifex Announces Special Cash Dividend of $0.20 Per Share

Conifex Announces Special Cash Dividend of $0.20 Per Share

VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) announced today that our board of directors (the “Board“) has declared a one-time special cash dividend of $0.20 per share, which will be paid on or before August 8, 2022 to shareholders of record on July 15, 2022. Based on the current number of shares outstanding, the special dividend will result in an aggregate distribution of approximately $8 million. The dividend will be funded from cash on hand, which amounted to $32.9 million as at May 31, 2022, an increase of $18.1 million from March 31, 2022. Conifex’s available liquidity, comprising cash on hand and amounts available under its revolving credit facility totaled $44.4 million as at May 31, 2022. “This special dividend reflects a partial...

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Century Therapeutics to Present at the LifeSci Partners 2nd Annual Genetic Medicines Symposium

Century Therapeutics to Present at the LifeSci Partners 2nd Annual Genetic Medicines Symposium

PHILADELPHIA, June 21, 2022 (GLOBE NEWSWIRE) — Century Therapeutics (NASDAQ: IPSC), an innovative biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies in immuno-oncology, today announced that Lalo Flores, Ph.D., Chief Executive Officer, will participate in a fireside chat at the LifeSci Partners 2nd Annual Genetic Medicines Symposium on June 28, 2022, at 9:30 AM ET. A live webcast of the fireside chat will be available on the “Events & Presentations” page in the “Investors” section of the Company’s website at https://investors.centurytx.com/events-and-presentations. A replay of the webcast will be archived on the Company’s website for 30 days following the presentation. About Century Therapeutics Century Therapeutics (NASDAQ: IPSC) is harnessing the power of adult stem cells to develop...

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Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH

PITTSBURGH, June 21, 2022 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced that the Company signed an agreement to acquire German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). OLBRICH and R+S Automotive have combined annual revenues in excess of $100 million. Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, specializing in purpose-built rotary processing equipment, including equipment used in the manufacturing of dry and wet electrodes for lithium-ion batteries and components for hydrogen fuel cells used in electric vehicles, with additional strong positions in Specialty & Pharma, Packaging and Home & Décor. R+S Automotive is a specialty...

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Quotient Limited Reschedules Fourth Quarter and Full Year 2022 Financial Results Announcement to Friday, June 24th and Provides a Preview of Financials

Quotient Limited Reschedules Fourth Quarter and Full Year 2022 Financial Results Announcement to Friday, June 24th and Provides a Preview of Financials

Pre-announces FY 2022 revenue of $38.5 million Secured $1.4 million of orders in Q1 FY23 for recently CE Marked Extended IH MosaiQ Solution $83.2 million in cash and investments as of March 31, 2022 JERSEY, Channel Islands, June 21, 2022 (GLOBE NEWSWIRE) — Quotient Limited (NASDAQ: QTNT), a commercial-stage diagnostics company, today announced that it is rescheduling the release of its financial results for the fourth quarter and full year 2022 ended March 31, 2022. The Company will release these financial results and host a conference call before market open on Friday, June 24, 2022. Quotient expects to report reagent business generated product sales of $9.8 million in the fourth quarter of fiscal 2022 and full fiscal year 2022 revenue of $38.5 million. The Company recently secured $1.4 million of orders in the first quarter...

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Titan Announces Results of its Annual Shareholders’ Meeting

Titan Announces Results of its Annual Shareholders’ Meeting

VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) announces that all matters presented for approval at Titan’s annual meeting of shareholders held today, as more particularly set out in the Company’s Management Information Circular dated May 9, 2022, have been approved. A summary of the results for the election of Titan’s Board of Directors is provided below:   Votes For Votes Against Votes Withheld  Name of Nominee Number % Number % Number % John Boehner 92,854,898 99.94 – – 54,800 0.06 Lenard Boggio 92,894,898 99.98 – – 14,800 0.02 William Mulrow 85,729,123 92.27 – – 7,180,575 7.73 George Pataki 85,729,123 92.27 – – 7,180,575 7.73 Donald Taylor 92,688,643 99.76 – – 221,955 0.24 Richard...

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Amplify Energy Announces Successful Borrowing Base Redetermination

Amplify Energy Announces Successful Borrowing Base Redetermination

HOUSTON, June 21, 2022 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) announced today that it completed its regularly scheduled semi-annual borrowing base redetermination and entered into an amendment to its credit agreement. The redetermination affirmed the borrowing base at $225 million. The next regularly scheduled borrowing base redetermination is expected to occur in November 2022. As of May 31, 2022, Amplify had total net debt of $187 million, with $215 million outstanding under its credit facility and $28 million of cash on hand. Martyn Willsher, Amplify’s President and Chief Executive Officer commented, “With today’s redetermination holding the borrowing base flat at $225 million, the Company is well positioned to continue improving its liquidity position and leverage profile. For the...

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Leading Edge Materials to Apply for Natura 2000 Permit and Retracts Appeal Against Mining Lease Rejection for Norra Karr

Leading Edge Materials to Apply for Natura 2000 Permit and Retracts Appeal Against Mining Lease Rejection for Norra Karr

Vancouver, June 21, 2022 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) has taken the decision to initiate a Natura 2000 permit application process for the Norra Karr project. This follows a recent ruling by the Supreme Administrative Court of Sweden in the Boliden Laver case which confirms that current legislation requires a Natura 2000 permit prior to the evaluation of a mining lease. The Company’s appeal to the Government against the Mining Inspectorate’s rejection of the Norra Karr mining lease application in May 2021 was made on largely the same basis as the Boliden Laver case (see news release June 17, 2021), that a Natura 2000 permit should not be a pre-condition for evaluating a mining lease application, and the Company has hence decided...

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