Month: August 2022

CALGARY, ALBERTA, Aug. 23, 2022 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX: MAH) is pleased to announce the following update to its drilling program: Portage County, Ohio – Marksmen and its working interest partner, PEP Drilling LLC (“PEP”), commenced the recompletion of the Reese #1 well on July 25, 2022. Marksmen is managing the recompletion and will pay 100% of the capital costs to earn an 80% working interest.   The lower Rose Run formation has been plugged back and 44 feet of 100 feet of the higher Clinton Sandstone pay zone formation was perforated and acidized on August 8, 2022. On August 22, 2022, the Clinton Sandstone reservoir was hydraulically stimulated with over 2,000 barrels of solution and 300 sacks of sand injected at 3,050 PSI. Well clean-up activities, including flowback and swabbing,...

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) reports that it has terminated the previously announced non-brokered private placement of critical mineral flow-through (“FT”) and non-FT units of the Company, announced on June 23, 2022. Management is currently working on an alternative financing arrangement. About Inventus Mining Corp. Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America. Inventus has approximately 140.6 million common shares outstanding. Visit http://www.inventusmining.com...

VANCOUVER, British Columbia, Aug. 23, 2022 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce voting results from its Annual General and Special Meeting of the Shareholders (the “Meeting”), held on August 23, 2022. A total of 62,937,632 million shares were represented in person or by proxy at the Meeting, constituting approximately 49.38% of the Company’s total issued and outstanding common shares as of the record date. Each of the matters put forward before shareholders for consideration and approval at the Meeting, as described in the Management Information Circular, was duly approved by the requisite number of votes. The voting results in relation to the election of directors, were as follows:Nominee Votes For Votes Withheld% %Alan Friedman 75.39 24.61Heye...

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) has been awarded a total of $7.5M in new purchase orders from its two largest simulator customers. FTG will supply multiple complete sets of cockpit assemblies for military and commercial simulators for different aircraft including refueling fixed wing aircraft, helicopters and business jets. Most of the orders are for repeat assemblies that have previously been developed and delivered by FTG. This work will be performed by FTG’s Aerospace segment facilities in Toronto, Ontario, Chatsworth, California and Tianjin, China over the next 9-12 months. “We are pleased to receive these orders from our key simulator products customers as this is an important business segment to FTG,” said Brad Bourne, FTG’s President and CEO. He added, “These contracts...