Day: July 6, 2022
VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to announce the successful completion of its acquisition of the Pitarrilla Project (“Pitarrilla”) from SSR Mining Inc. (NASDAQ/TSX: SSRM; ASX: SSR) (“SSR Mining”). Pitarrilla, one of the largest undeveloped silver deposits in the world1, is located 160 kilometres north of Durango City, in northern Mexico. Pitarrilla comprises 4,950 hectares across five concessions and has significant infrastructure in place with direct access to utilities. All references to dollars ($) in this news release are to United States dollars.
“The addition of the Pitarrilla project elevates our portfolio as a leading mid-tier silver producer with high quality silver exposure and significant growth,”...
Aequus Signs Exclusive Distribution Agreement with SCOPE Ophthalmics for Canadian Distribution Rights of Dry Eye Products
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VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) — Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”) is pleased to announce the signing of an exclusive distribution agreement with SCOPE Ophthalmics. (“SCOPE”), an Irish based eyecare company with a focus on preservative free therapies in ophthalmology. Under the distribution agreement, Aequus will receive the Canadian commercial rights to 10 unique products of SCOPE’s portfolio of over-the-counter ophthalmology products including the OPTASE® range of preservative free dry eye products.
“We are excited to add SCOPE’s unique products and brands to our existing portfolio of high-quality dry eye products. These products bring many synergies and advantages to both our Canadian Eye Care professionals and their patients,” said Grant Larsen, CCO...
LGI Homes Reports June and Second Quarter Home Closings and Announces Date for Second Quarter Earnings Conference Call
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THE WOODLANDS, Texas, July 06, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 627 homes in June 2022, resulting in a total of 2,027 homes closed during the second quarter of 2022.
As of June 30, 2022, the Company had 92 active selling communities.
The Company plans to release financial results for the second quarter ended June 30, 2022 before the market opens on Tuesday, August 2, 2022. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results.
A link to the live audio webcast will be provided through the Investor Relations page of the Company’s website at www.investor.lgihomes.com under the Events and Presentations section.
An archive of the webcast will be available for replay on the Company’s website for one year from the date of the conference...
Imperial Provides Additional Details Regarding Rights Offering
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VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) is providing additional details of the Rights Offering, which expired at 2:00 p.m. (Pacific Time) Friday, June 24, 2022.
To the knowledge of the Company, no person became an insider as a result of the Rights Offering. Existing insiders acquired an aggregate of 8,066,157 shares pursuant to the Basic Subscription Privilege and 2,451,001 shares pursuant to the Additional Subscription Privilege.
About Imperial
Imperial is a Vancouver based exploration, mine development and operating company. The Company, through its subsidiaries, owns a 30% interest in the Red Chris mine, and a 100% interest in both the Mount Polley and Huckleberry copper mines in British Columbia. Imperial also holds a portfolio of 23 greenfield exploration...
Western Forest Products Continues to Demonstrate its Commitment to Value-added Manufacturing with $29 Million Investment Towards B.C. Operations
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VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) today announced capital investments totaling approximately $29 million towards its B.C. operations. The investments are part of the Company’s ongoing commitment to support value-added manufacturing on the B.C. Coast and grow its value-added wood products business, all while continuing to improve Western’s long-term competitiveness. These capital investments represent an increase of $13 million over and above the $16 million of capital investments discussed in the Company’s first quarter 2022 Management’s Discussion and Analysis.
Specifically, the investments include:$12.3 million in a new continuous kiln at the Saltair sawmill in Ladysmith, B.C., allowing for increased capacity for continuous drying...
Enstar Announces President Paul O’Shea’s Planned Retirement in 2023
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HAMILTON, Bermuda, July 06, 2022 (GLOBE NEWSWIRE) — Paul O’Shea, President of Enstar Group Limited (“Enstar”) (NASDAQ: ESGR), will retire in March 2023 after 28 years serving the company and its predecessor Castlewood Limited.
Mr. O’Shea will remain as a member of the Board of Directors of Enstar, and the Group and its shareholders will continue to benefit from his extensive experience and industry connections. David Ni, who joined Enstar in 2019 as EVP, M&A and was appointed Chief Strategy Officer in May 2022, has worked with Mr. O’Shea since starting. Mr. Ni will lead the Company’s M&A activity going forward.
Dominic Silvester, Enstar’s Chief Executive Officer, said: “One of the best decisions in my career was asking Paul to join me at Castlewood Limited back in 1994. We have worked together through the many challenges...
Plato Gold Corp. Announces Closing of Non-Brokered Private Placement for $415,000
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Toronto, July 06, 2022 (GLOBE NEWSWIRE) — Plato Gold Corp. (TSX-V: PGC) (OTCQB: NIOVF) (FRANKFURT: 4Y7 OR WKN: A0M2QX) (“Plato” or the “Company”) is pleased to announce that further to its news releases dated May 25, 2022 and July 5, 2022, it has completed a non-brokered private placement for aggregate gross proceeds of $415,000 (the “Offering”).
The Offering consisted of (i) 5,200,000 flow-through shares (“FT Shares”) at a price of $0.05 per FT Share for gross proceeds of up to $260,000; and (ii) 3,100,000 hard dollar units (“HD Units”) at a price of $0.05 per HD Unit for gross proceeds of up to $155,000.
Each HD Unit shall be composed of one common share in the capital of the Company (“Common Share”) and one Common Share purchase...
CHINA GREEN AGRICULTURE ANNOUNCES RECEIPT OF NYSE LATE FILER CURE LETTER
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XI’AN, CHINA, July 06, 2022 (GLOBE NEWSWIRE) — China Green Agriculture, Inc. (NYSE: CGA) (“China Green Agriculture” or the “Company”) announced today that, on July 5, 2022 the Company received a notice letter from the New York Stock Exchange (“NYSE”) stating that, effective July 5, 2022, the Company will be removed from NYSE’s late filers’ list to be disseminated to data vendors and will not be posted on the NYSE’s Listed Standards Filing Status page on www.nyse.com. The NYSE’s letter comes after the Company filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022, thus becoming current on its financial reporting obligations.
About China Green Agriculture, Inc
The Company produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its...
Agile Therapeutics Announces Closing of $24 Million Upsized Public Offering
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PRINCETON, N.J., July 06, 2022 (GLOBE NEWSWIRE) — Agile Therapeutics, Inc. (Nasdaq: AGRX) (“Agile Therapeutics” or the “Company”), a women’s healthcare company, today announced the closing of its previously announced upsized public offering of an aggregate of 26,666,666 shares of its common stock (or pre-funded warrants in lieu thereof), together with accompanying common stock warrants, at a public offering price of $0.90 per share (or pre-funded warrant) and accompanying warrants. Each share of common stock (or pre-funded warrant) was sold in the offering together with a Series A-1 warrant to purchase one share of common stock at an exercise price of $0.90 per share and a Series A-2 warrant to purchase one share of common stock at an exercise price of $0.90 per share. The Series A-1 warrants are exercisable...
Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2022 Earnings Release and Conference Call Dates
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TORONTO, July 06, 2022 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) will release the second quarter 2022 financial results after market closes on Wednesday, July 13, 2022.
The Corporation will host a live conference call on Thursday, July 14, 2022 at 8:30am (Eastern) to discuss the second quarter 2022 financial results.
Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786, Conference ID 05645534, and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be available until August 14, 2022 and will be available on the FTG website at www.ftgcorp.com. The number to call for a rebroadcast is 416-764-8692 or 1-877-674-7070, playback passcode: 645534 #.
ABOUT FIRAN TECHNOLOGY GROUP CORPORATION
FTG is an aerospace...