Day: August 5, 2022
— Halo Project located strategically between two lithium majors
VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) — Clear Sky Lithium Corp. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (“Clear Sky” or the “Company”), a mineral exploration and development company focused on American lithium deposits to support domestic demand, announces that it has entered property option agreement (the “Option Agreement”), dated August 05, 2022, with Halo Lithium LLC (the “Vendor”), pursuant to which it has been granted the right to acquire the Halo Project. The Halo Project is comprised of ninety-eight mineral claims, located in Esmeralda and Nye Counties, Nevada, and is considered prospective for claystone-hosted lithium mineralization.
Patrick Morris, CEO notes, “This acquisition, in the heart of America’s lithium discovery region, will...
Nevada Copper Provides Operations and Financing Update
Written by Customer Service on . Posted in Public Companies.
YERINGTON, Nev., Aug. 05, 2022 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) provides an update on its operations and financing initiatives and activities at its Pumpkin Hollow copper mine (the “Underground Mine”) located in Yerington, Nevada.
Operational Restart Planning
During July, management has advanced its Underground Mine restart plans, which focus on the acceleration of key capital items followed by the development of a significant stope ore inventory in advance of a mill restart and completion of production ramp-up. The development of restart plans has allowed the Company to advance financing discussions with its key stakeholders. The commencement of restart activities is contingent on the Company obtaining long-term financing, as discussed below.
The Company continues...
W&T Offshore Announces Timing of Second Quarter 2022 Earnings and Participation in Investor Relations Event
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Aug. 05, 2022 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the timing of its second quarter of 2022 earnings release and conference call, as well as its participation in an upcoming investor relations event.
The Company is scheduled to issue its second quarter of 2022 earnings release on Monday, August 8, 2022, before market open. A conference call to discuss financial and operational results is scheduled for Monday, August 8, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
Interested parties may listen to the call via webcast at the Company’s website at www.wtoffshore.com under “Investors.” Alternatively, the call may be accessed by dialing 1-844-739-3797 for domestic parties and 1-412-317-5713 for international parties; phone participants are advised to...
Solar Alliance Announces Grant and Extension of Stock Options
Written by Customer Service on . Posted in Public Companies.
TORONTO and KNOXVILLE, Tenn., Aug. 05, 2022 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTCQB: SAENF) announces that the board of directors of the Company (the “Board”) today, granted incentive stock options in accordance with the Company’s stock option plan to certain of its directors, officers and employees.
Options to purchase 2,425,000 common shares of the Company have been granted to certain directors and officers of the Company at an exercise price of $.09 per share. These options vest quarterly over a period of one (1) year, with the first 25% of the options vesting on November 5, 2022. The options expire on November 5, 2027. The stock options and any common shares of the Company issuable upon exercise of the stock options will be subject to a statutory hold period lasting...
DIRTT announces director departure
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, Aug. 05, 2022 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (Nasdaq: DRTT, TSX: DRT), a global leader in industrialized construction, today announced that Mary Garden has provided her resignation from the Board of Directors, effective August 5, 2022.
On behalf of DIRTT’s Board of Directors, Board Chair Ken Sanders commented, “I would like to sincerely thank Mary for her insights and guidance during the proxy contest earlier this year, and for her service as a Board member after our election by DIRTT shareholders. We are grateful for her leadership and contributions, and we wish her all the best in her future endeavors.”
Following Ms. Garden’s departure, Scott Robinson will serve as Chair of the Audit Committee and Scott Ryan will serve as Chair of the Enterprise Risk Management...
Just Energy Reports Full Year and Fiscal Fourth Quarter 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORONTO, Aug. 05, 2022 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy” or the “Company”) (NEX:JE.H; OTC:JENGQ), a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers, today announced its full year and fourth quarter for fiscal year 2022.
Recent Developments
On August 4, 2022, the Company entered into a stalking horse transaction agreement with, among others, lenders under the Company’s debtor-in-possession financing facility (collectively, the “Stalking Horse Purchaser”) and a support agreement in connection with a proposed sale and investment solicitation process (“SISP”) that is intended to facilitate its exit from the Company’s ongoing insolvency proceedings as a going concern. Under the SISP,...
CF Energy Received “Zero-Carbon Hotel” Demonstrative Project Status from The Investment Association of China
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TORONTO, Aug. 05, 2022 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”; together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the “PRC” or “China”) is pleased to announce that the Company’s Haitang Bay Integrated Smart Energy Project has been awarded as a “Zero-Carbon Hotel” Demonstrative Project in 2021 by the Energy Investment Committee of The Investment Association of China (“EICIAC”). EICIAC carefully evaluated 87 carbon-reduction projects being selected from the whole of China and issued one “Zero-Carbon” demonstrative project status in each of the ten categories. The final results of the ten “Zero-Carbon” demonstrative projects were announced at the Carbon Neutrality, Zero Carbon China Summit 2022, the 5th China International Energy...
Eos Energy Enterprises, Inc. Borrows Additional $9.6 Million Under Previously Announced Credit Facility
Written by Customer Service on . Posted in Public Companies.
EDISON, N.J., Aug. 05, 2022 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced it has borrowed an additional $9.6 million pursuant to the previously announced senior secured term loan facility with Atlas Credit Partners. The additional borrowing increases the total loan amount to $94.7 million and is subject to the same terms and conditions as the $85 million loan announced earlier this week.
“This facility continues to provide the flexibility to fast-track our manufacturing capacity expansion to accelerate the shift to clean energy and to deliver against our $460 million orders backlog,” said Randall B. Gonzales, Chief Financial Officer of Eos.
After closing costs and other expenses, the funding...
Nuvei Expands Board of Directors with Appointments of Maren Lau and Tim Dent
Written by Customer Service on . Posted in Public Companies.
MONTREAL, Aug. 05, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), announced today it has appointed two new independent directors, technology veterans Maren Lau, Regional Vice President, Latin America at Meta Platforms, Inc. and Tim Dent, former Chief Financial and Chief Compliance Officer of DraftKings Inc. Today’s appointments expand Nuvei’s Board to eight members and brings the Board closer to achieving its gender diversity target of 30% female representation by the end of 2023.
Maren Lau is Regional Vice President at Meta for Latin America, helping brands leverage the company’s platforms to drive long-term business results in the region, and to prepare for the metaverse, the next evolution of social connection. She also leads the regional teams to advance Meta’s mission...
AGF Reports July 2022 Assets Under Management and Fee-Earning Assets
Written by Customer Service on . Posted in Public Companies.
TORONTO, Aug. 05, 2022 (GLOBE NEWSWIRE) — AGF Management Limited (TSX:AGF.B) reported total assets under management (AUM) and fee-earning assets1 of $39.8 billion as at July 31, 2022.
AUM
($ billions)
July 31, 2022
June 30, 2022
% ChangeMonth-Over-Month
July 31, 2021
% Change Year-Over-Year
Total Mutual Fund (including retail pooled funds)
$
22.6
$
21.4
$
23.2
Institutional and Sub-advisory + High-net-worth + Exchange-traded funds
$
15.1
$
14.4
$
16.8
Subtotal (before Private Alternative AUM and fee-earning assets1)
$
37.7
$
35.8
$
40.0
Private Alternative AUM
$
0.1
$
0.1
$
0.1
Total AUM
$
37.8
$
35.9
5.3
%
$
40.1
(5.8
%)
Private Alternative fee-earning assets1
$
2.0
$
2.0
$
2.0
Total AUM and fee-earning assets1
$
39.8
$
37.9
5.0
%
$
42.1
(5.5
%)
Average...