Month: August 2022

New York, New York, Aug. 26, 2022 (GLOBE NEWSWIRE) — African Gold Acquisition Corporation (NYSE: AGAC.U) (the “Company”) announced that it has filed a Form 8-K today with the Securities and Exchange Commission (the “SEC”) to make certain material disclosures:On August 22, 2022, in conjunction with the Company’s financial advisors, members of the Company’s board of directors (the “Board”) discovered improper withdrawals from the Company’s operating bank accounts and the subsequent concealment of these withdrawals, which transactions commenced during the quarterly period ended March 31, 2022.  Upon these discoveries, the Board immediately launched internal investigations, began a series of discussions with its advisors, took actions necessary to safeguard Company accounts and sought to recover funds.  From these Board investigations...

EL SEGUNDO, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) today announced that it will participate in the Gabelli Funds 28th Annual Aerospace & Defense Symposium being held on September 8, 2022. Chief Executive Officer and President Eileen P. Drake is scheduled to present at 10:30 a.m. EDT / 7:30 a.m. PDT. To watch the presentation live, conference registration is available at Webinar Registration – Zoom. A recording of the presentation and associated slide deck will be available after the presentation through the company’s website at http://ir.aerojetrocketdyne.com/events-and-presentations. About Aerojet Rocketdyne Holdings, Inc.Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products...

VANCOUVER, British Columbia, Aug. 26, 2022 (GLOBE NEWSWIRE) — HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA) (the “Company” or “HIVE”) announced that the Board of Directors has approved the grant of 415,200 incentive stock options (“Stock Options”) exercisable into the equivalent amount of common shares of the Company at a price of C$5.66 per share for a period of five years. The grants were made to employees, officers and consultants of the Company and are subject certain vesting requirements. The Company’s Board of Directors has also approved the grant of an aggregate of 1,425,280 restricted share units (“RSUs”) to employees, officers and consultants of the Company which vest over 24 months. Each vested RSU entitles the holder to receive one common share of the Company. These grants were made to appropriately...

HOUSTON, Aug. 26, 2022 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) today announced that it has reached an agreement with the United States government, subject to court review and approval, to resolve all federal criminal matters involving the Company and its subsidiaries stemming from the October 2021 Southern California Pipeline Incident. As part of the resolution with the United States, Amplify has agreed to plead guilty to one count of misdemeanor negligent discharge of oil in violation of the Clean Water Act. If approved by the Court, Amplify will pay a fine of approximately $7.1 million in installments over a period of three years, serve a term of four years’ probation and reimburse governmental agencies approximately $5.8 million for their response to this event. Amplify also has agreed...

SALINAS, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, along with its subsidiary, Indus Holding Company (“Subco“), has sold an additional $2.2 million of senior secured convertible debentures of Subco (“Additional 2022 Convertible Debentures“), bringing the total, including the sale of convertible debentures announced on August 19, 2022, to $6.4 million. The Additional 2022 Convertible Debentures are convertible into an aggregate of 9.3 million subordinate voting shares of the Company (“Subordinate Voting Shares“) with respect to principal and additional Subordinate Voting Shares upon conversion of accrued and unpaid interest. Investors in...

Director WilliamsDirector BoleDirector HoltFENTON, Mich., Aug. 26, 2022 (GLOBE NEWSWIRE) — Fentura Financial, Inc. and The State Bank are excited to announce the appointment of three new Board of Directors. Mark Bole, Kristen Holt, and Debra Williams were appointed to the Board of Directors for both Fentura Financial, Inc. and The State Bank. Mark Bole is the Global Chief Administrative Officer and President of International Operations for GM Financial. He is a community leader in Detroit having served as Board Member for Junior Achievement of Southeastern Michigan with a focus on financial literacy, work readiness and entrepreneurship. He supports Cass Community Social Services across many initiatives including food programs, improving housing facilities and supporting work opportunities for unemployed individuals in...

Kurt Binder to Step Down as CFO on September 30; Search Underway to Identify Successor IRVINE, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, today announced that Kurt Binder will be stepping down from his role as Chief Financial Officer to pursue another opportunity, effective September 30, 2022. The Company has commenced a search for its next CFO with the assistance of an executive search firm. In the event that a new CFO is not appointed by October 1, 2022, then it is expected that Cindy Zhang, the Company’s Senior Vice President of Financial Planning and Analysis, will assume the role of interim CFO until the new CFO is appointed. Ms. Zhang joined CalAmp in 2017 and has been...

ROYAL OAK, Mich., Aug. 26, 2022 (GLOBE NEWSWIRE) — Graphex Group Limited (NYSE American: GRFX), (“Graphex”, or the “Company”), a global leader in mid-stream processing of specialized natural graphite used for electric vehicle (EV) lithium-ion (Li-ion) batteries, today announced that the underwriters of its previously completed underwritten public offering have exercised their over-allotment option to purchase an additional 704,347 American Depositary Shares (ADSs), each ADS representing 20 ordinary shares, par value HK$0.01 per share, of the Company, at the public offering price of $2.50 per ADS less underwriting discounts and commissions, for aggregate gross proceeds of approximately $1.7 million before deducting underwriting discounts, commissions, and other estimated offering expenses. The 45-day over-allotment option was granted...