Day: June 23, 2022

SAULT STE. MARIE, Ontario, June 23, 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 fiscal 2022 returned $150.7 million in total profit share payouts for eligible employees. With the second installment scheduled for release on June 24th, fiscal 2022’s profit share represents the highest payments per employee in the Company’s history. All figures are in Canadian dollars unless otherwise stated. “Today’s announcement comes on the back of the Company’s impressive fourth-quarter results. This past year, Algoma saw record safety performance, revenues, and cash flows with much of that success attributable to our employees’ hard work and dedication. Together we are demonstrating that...

YERINGTON, Nev., June 23, 2022 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is pleased to announce the results from its 2022 Annual General Meeting of shareholders (the “Meeting”), held today in Toronto. Shareholders holding a total of 225,979,047 common shares of the Company (“Common Shares”) were represented by proxy at the Meeting, representing approximately 50.39% of the total 448,452,759 Common Shares outstanding as of the record date. Shareholders voted in favour of all items of business before the Meeting. Voting DetailsThe following seven persons were elected as directors of the Company until the next annual shareholder meeting of the Company or until their successors are elected or appointed, with the voting results shown below:Director Votes For % For Votes...

JERSEY, Channel Islands, June 23, 2022 (GLOBE NEWSWIRE) — Quotient Limited (Nasdaq: QTNT) (the Company), a commercial-stage diagnostics company, today announced the Company intends to commence an underwritten public offering of $20 million of its ordinary shares and, to certain investors in lieu of ordinary shares, pre-funded warrants. All of the securities to be sold in the offering will be offered by the Company. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares sold in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. The Company intends to use the net proceeds of the offering to fund the ongoing development...

VANCOUVER, British Columbia, June 23, 2022 (GLOBE NEWSWIRE) — South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce that it has completed a non-brokered private placement of units (the “Private Placement” or the “Offering”) for total proceeds of C$1,906,990. The majority of participation in the Private Placement was with key institutional investors and insiders. Net proceeds from the Private Placement will be used for advanced materials sample preparation, commercial agreements, project finance and general working capital requirements for the Company. The Private Placement consists of 3,467,254 units priced at post-consolidation price of C$0.55 per unit (the “Units”). Each Unit consists of one (1) common share and one (1) common share purchase warrant (the “Warrants”)....

TYSONS, Va., June 23, 2022 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE: PK) (“Park”) today announced that it has closed on the sale of the 195-room Homewood Suites by Hilton Seattle Convention Center Pike Street in Seattle, WA and completed the previously-announced sale of its 25% joint venture interest in the 1,190-room Hilton San Diego Bayfront in San Diego, CA. Combined gross proceeds for the two transactions totaled $237 million, which includes Park’s $55 million pro-rata share of secured debt on the Hilton San Diego Bayfront. Excluding anticipated capital expenditures, the combined sale price represents a 6.3% capitalization rate on 2019 net operating income, or 14.0x multiple on 2019 EBITDA. Proceeds from the sales will be used for general corporate purposes. “I am pleased with the progress we have made toward...

MONACO, June 23, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the President of the Company, Robert Bugbee, has purchased 50,000 common shares of the Company in the open market at an average price of $33.89 per share. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, finance leases or bareboat charters-in 116 product tankers (41 LR2 tankers, 61 MR tankers and 14 Handymax tankers) with an average age of 6.5 years. The Company has agreed to sell two LR2 tankers and one MR tanker. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release. Forward-Looking Statements Matters...

MONTRÉAL, June 23, 2022 (GLOBE NEWSWIRE) — Bombardier Inc. (TSX: BBD.B) (“Bombardier” or the “Corporation”) confirmed today that the previously announced renewal of its normal course issuer bid (the “NCIB”) will commence on June 28, 2022. The Toronto Stock Exchange (the “TSX”) has approved Bombardier to purchase, from June 28, 2022 to June 27, 2023, up to 880,000 of its Class B shares (subordinate voting) under the NCIB, representing approximately 1.03% of the 85,373,899 Class B shares (subordinate voting) issued and outstanding as of June 13, 2022. The numbers of Class B shares (subordinate voting) indicated in this press release are on a post-Share Consolidation basis (unless indicated otherwise), further to the 25-for-1 consolidation of the Corporation’s issued and unissued Class A shares and Class B shares (subordinate voting)...

Westport, CT, June 23, 2022 (GLOBE NEWSWIRE) — BioSig Technologies, Inc. (Nasdaq: BSGM) (“BioSig” or the “Company”), a medical technology company commercializing an innovative biomedical signal processing platform designed to improve signal fidelity and uncover the full range of ECG and intra-cardiac signals, today announced that it intends to offer shares of its common stock in a “best efforts” underwritten public offering. The offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Laidlaw & Company (UK) Ltd. is acting as sole book-running manager for the offering. BioSig intends to use the net proceeds from the offering for the continuation of commercialization activities related to the PURE EP™...