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Day: July 18, 2022

FTI Consulting Appoints Monish Paul as Senior Managing Director to Lead the Economic & Financial Consulting Practice in Western Australia

PERTH, Australia, July 18, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Economic Consulting segment in Australia with the appointment of Monish Paul as a Senior Managing Director. Mr. Paul, who is based in Perth, has more than 25 years of experience advising clients in business and regulatory economics, transaction advisory and business transformation. Over his career, he has held senior positions in global management consulting firms including IBM and Deloitte, with a focus on government and public policy, infrastructure, energy and financial services. Robert Southern, a Senior Managing Director and Head of Australian Economic & Financial Consulting at FTI Consulting, said, “Monish’s extensive experience across a number of consulting and industry roles will further strengthen...

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ASL Group selects Lilium to provide sustainable air mobility to its customers

ASL Group selects Lilium to provide sustainable air mobility to its customers ASL Group selects Lilium to provide sustainable air mobility to its customersFARNBOROUGH, United Kingdom, July 18, 2022 (GLOBE NEWSWIRE) — ASL Group has signed an agreement with Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, to provide sustainable air mobility to its customers in Benelux. ASL Group intends to purchase an initial 6 Lilium Jets and will cooperate with Lilium to develop a network of landing sites in the Benelux. ASL Group is a leading business jet operator in the Benelux, and the owner of the first electric aircraft in Belgium.  ASL Group launched its RISE (“Responsible Initiative for Sustainable Environment”) program in 2020 with the clear intention to reduce...

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Perseus Increases Edikan’s Inventories of Mineral Resources and Ore Reserves

Figure 1 Nkosuo Project LayoutPERTH, Western Australia, July 18, 2022 (GLOBE NEWSWIRE) — Perseus Mining Limited (ASX/TSX: PRU) has completed a Feasibility Study on the Nkosuo Project, located approximately seven kilometres north-northwest of its Edikan Gold Mine in Ghana, adding substantial Mineral Resources and Ore Reserves to Edikan’s previously published inventory. HIGHLIGHTSIndicated Mineral Resources1 at Nkosuo amount to 14.5Mt at 0.91g/t for 422,000 ounces of contained gold, and Inferred Mineral Resources are estimated at 0.95 million tonnes grading 0.90 g/t gold containing 27,000 ounces of gold at 30 June 2022.   Probable Ore Reserves1 total 10 million tonnes of ore grading 1.04g/t gold and containing 332,000 ounces of gold. Planned processing of the Nkosuo Ore Reserves in the Edikan mill is expected to increase the...

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Apexigen and Brookline Capital Acquisition Corp. Announce Effectiveness of Registration Statement and Annual Stockholder Meeting to Approve the Proposed Business Combination

SAN CARLOS, Calif. and NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) — On March 18, 2022 Brookline Capital Acquisition Corp. (“BCAC”), a life-science focused Special Purpose Acquisition Company (“SPAC”) affiliated with Brookline Capital Markets, a division of Arcadia Securities, LLC (“Brookline”), announced a proposed business combination with Apexigen, Inc. (“Apexigen”), a clinical-stage biopharmaceutical company focused on discovering and developing a new generation of antibody therapeutics for oncology. The transaction values Apexigen at a $205 million net-equity basis and includes a $15 million fully committed PIPE financing (private investment in public equity) that involves the sale of units consisting of one share of BCAC common stock and one-half of one warrant, with each whole warrant entitled to purchase one share of BCAC...

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AnPac Bio Approved Written Resolutions of a Majority of the Members Addressing the Removal of Directors and Officers, Re-designation of Officers, and Change of Members of the Committees

PHILADELPHIA, July 18, 2022 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (“AnPac Bio,” the “Company” or “we”) (ANPC), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, announced that the Company’s Members approved Written Resolutions of a Majority of the Members (the “Resolutions”) on July 14, 2022 addressing the removal of directors and officers, re-designation of officers, and change of members of the committees. The Resolutions were approved by 69.29% of the total voting power of the Company entitled to vote at a general meeting in accordance with British Virgin Islands law, which allows Member’s resolutions to be approved by written resolutions signed by a majority of the votes of all Members entitled to vote on the resolution at a general meeting. The...

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Alpine Banks of Colorado announces completion of $34 million private placement of Class B common stock

Glenwood Springs, Colo., July 18, 2022 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced that it has completed a private placement of $34 million of common stock through the sale of 1,192,983 shares of Class B nonvoting common stock, at $28.50 per share, to certain qualified institutional and accredited investors. The Company expects to use the proceeds from the capital raise for general corporate purposes, including but not limited to supporting continued organic growth and enhancing regulatory capital ratios. “We are excited to announce our successful capital raise. We feel the support for this offering, particularly in the current market environment, reflects Alpine’s strong performance and potential, which are driven by...

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ASANTE ANNOUNCES UPDATED NI-43-101 TECHNICAL REPORT FOR THE BIBIANI GOLD MINE

Vancouver, British Columbia, July 18, 2022 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S.OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce preparation of an updated NI 43-101 Technical Report for the Bibiani Gold Mine (“Bibiani” or the “Project”), operated by Mensin Gold Bibiani Limited (“Mensin Gold Bibiani”), a 90% owned Ghana subsidiary of Asante (the “2022 Technical Report”). The 2022 Technical Report has been prepared to the level of confidence of a Pre-Feasibility Study and will be filed on the Company’s SEDAR profile (www.sedar.com) within 45 days. The 2022 Technical Report when filed will supersede the previous Bibiani JORC/NI 43-101 submissions by Resolute Mining Limited (“Resolute”) in 2018 (the “Resolute 2018 Technical Report”) and by Asante in November...

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Sienna Announces Second Quarter 2022 Results Release Date and Conference Call

MARKHAM, Ontario, July 18, 2022 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced that it will report its 2022 second quarter results after market close on Thursday, August 11, 2022. Nitin Jain, President and Chief Executive Officer, and David Hung, Chief Financial Officer and Executive Vice President, will host a conference call for the investment community the following day, Friday, August 12, 2022 at 1:00 p.m. (ET). A webcast of the call will be accessible via Sienna’s website. The webcast of the call will be available for replay and archived on Sienna’s website. For those who wish to participate in the question and answer session via telephone, please pre-register at Sienna Earnings Call Registration. All participants will receive dial-in information and a PIN allowing...

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APA Corporation Provides Second-Quarter 2022 Supplemental Information and Schedules Results Conference Call for August 4 at 10 a.m. Central Time

HOUSTON, July 18, 2022 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-quarter 2022 financial and operational results. Supplemental quarterly informationTo further assist analysts with their second-quarter earnings models, the company is providing the following estimates:Estimated Average Realized Prices – 2Q22  Oil (bbl) NGL (bbl) Natural Gas (Mcf)United States $111.00 $40.00 $6.75International $115.00 $72.00 $4.30Egypt tax barrels: 48-49 MBoe/dRealized loss on derivatives (before tax): $6 millionDry hole costs (before tax): $37-40 millionSecond-quarter 2022 production guidance updateInternational adjusted production is forecast to be 105 Mboe/d, compared to guidance of 107 Mboe/d, with the primary variances attributable to the impact...

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Clairvest Announces Meriplex Recapitalization

TORONTO, July 18, 2022 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”), announced today that Meriplex Communications, Ltd. (“Meriplex”, or the “Company”), a portfolio company of CVG and Clairvest Equity Partners V (“CEP V”, collectively “Clairvest”), completed a partial realization with Vitruvian Partners (“Vitruvian”). The transaction involves the acquisition of a majority interest by Vitruvian and a meaningful equity reinvestment by Meriplex shareholders who will participate in the next chapter of growth. Meriplex is a leading managed IT, cybersecurity, and network services provider focusing on SMB and mid-market enterprises throughout the United States. Since Clairvest partnered with Meriplex management and CEO David Henley in October 2018, the Company successfully built a sales organization that generates industry...

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