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Month: August 2022

Advanced Emissions Solutions Announces Merger with Arq Limited

Merger expected to provide access to growth opportunities in adjacent markets, create sustainable competitive advantages, and enhance the profitability of ADES’ product portfolio Combined entity projected to generate $196 million of annual Revenue and $61 million in annual EBITDA by 2026 GREENWOOD VILLAGE, Colo., Aug. 19, 2022 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), a leader in emissions control solutions for coal-fired power generation, industrial and municipal water purification markets, today announced that it has entered into a definitive merger agreement with Arq Limited (“Arq”), pursuant to which Arq and ADES will combine their respective businesses. ADES shareholders may elect to receive up to an aggregate of $10.0 million of cash proceeds in...

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ValOre Announces CAD$2.5 Million Financing

Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, British Columbia, Aug. 19, 2022 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”, or the “Company”) (TSX-V: VO, OTC: KVLQF, Frankfurt: KEQ) today announced the intent to complete a non-brokered private placement financing (the “Offering) of up to 6,250,000 units (the “Units“) at a price of CDN$0.40 per Unit (the “Offering Price”) for gross proceeds of up to CDN$2,500,000. Each Unit will consist of one common share (a “Share”) in the capital of ValOre and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant being a “Warrant”). Each Warrant will be exercisable to acquire one Share at a price of CDN$0.60 per Share for a period of 24 months from the date of issuance. ValOre...

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Acceleware Ltd. Reports Second Quarter 2022 Financial and Operating Results

CALGARY, Alberta, Aug. 19, 2022 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading developer of technologies targeting low-cost and clean extraction of heavy oil and bitumen, today announced its financial and operating results for the three and six months ended June 30, 2022 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s quarter end results reflect contributions from the Company’s two business units, comprised of radio frequency heating technology (“RF Heating”), which supports a cost-effective and environmentally friendly alternative to steam assisted gravity drainage (“SAGD”) for the extraction of heavy oil and bitumen through its proprietary RF XL heating technology, along with high-performance scientific computing applications (“HPC”). This news release should...

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United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share

CEDAR RAPIDS, Iowa, Aug. 19, 2022 (GLOBE NEWSWIRE) — Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) (“UFG”) declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable September 16, 2022 to shareholders of record as of September 2, 2022. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 218th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately...

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Nuwellis, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

MINNEAPOLIS, Aug. 19, 2022 (GLOBE NEWSWIRE) — Nuwellis, Inc. (NASDAQ: NUWE), today announced that, effective August 18, 2022, the independent directors approved equity awards under Nuwellis’ 2021 Inducement Plan, as material inducements to six individuals entering into employment with the company. The equity awards were approved in accordance with NASDAQ Listing Rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan. In connection with entering into employment with Nuwellis, Inc., the individuals, who were not previously employees or directors of Nuwellis, received options to purchase an aggregate of 22,334 shares of the company’s common stock. The option awards have an exercise price of $0.66 per share, the closing price of Nuwellis’ common stock on...

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Skye Bioscience Reports that Emerald Health Therapeutics Shareholders Voted in Favor of Plan of Arrangement with Skye

San Diego, California, Aug. 19, 2022 (GLOBE NEWSWIRE) — Skye Bioscience, Inc. (OTCQB: SKYE) (“Skye” or the “Company”), a pharmaceutical company developing a proprietary, synthetic cannabinoid derivative to treat glaucoma, reports that the shareholders of Emerald Health Therapeutics, Inc. (“Emerald” or the “Company”) (CSE: EMH; OTCQB: EMHTF) today approved the proposed plan of arrangement (the “Arrangement”) with Skye, with approval by 87.07% of votes cast by shareholders for that resolution. The Arrangement resolution also received majority of the minority approval, excluding interested parties, pursuant to applicable law. Emerald will now seek a final order from the Supreme Court of British Columbia to approve the Arrangement. Completion of the Arrangement remains subject to approval by the...

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MasterCraft Boat Holdings, Inc. to Webcast Fiscal Fourth Quarter and Full Year 2022 Earnings Conference Call Thursday, September 8, 2022

Live webcast at 8:30 a.m. EDT VONORE, Tenn., Aug. 19, 2022 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal fourth quarter and full year 2022 earnings conference call on Thursday, September 8, 2022, at 8:30 a.m. EDT. Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and George Steinbarger, Chief Revenue Officer, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on September 8, 2022. Participants may access the conference call live via webcast on the investor section of the Company’s website, Investors.MasterCraft.com, on the day of the conference call and click on the webcast icon. To participate via telephone, please register in advance at this link....

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Branded Legacy, Inc. Board Votes For No Reverse Stock Split

Board Will Vote to Reduce Authorized Common Shares Orlando, FL, Aug. 19, 2022 (GLOBE NEWSWIRE) — Branded Legacy, Inc. (OTCQB: BLEG), a holding company focused on the commercial development of cannabinoid-infused products from CBD topicals and tinctures to edibles is pleased to announce its Board of Directors held a board meeting and approved with unanimous consent it will not perform a reverse stock split for a minimum of Twelve (12) months. The Company’s Board of Directors also plan to vote on the reduction of its authorized shares. This proposed reduction will be in the amount of Three Hundred Million Shares (300,000,000) bringing the total authorized common shares down to Six Hundred Million (600,000,000). It expects to have board approval and majority shareholder approval over the next few weeks. Brandon Spikes, chairman...

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Proactive news headlines including Just Eat, Dore Copper Mining, PharmaDrug, Westwater Resources and Universal Ibogaine

New York , Aug. 19, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companiesJust Eat to sell stake in Latin American business for up to €1.8bn click here Musk tries more tech assistance to try and work out Twitter bot numbers click here Dore Copper Mining appoints Nicholas Kwong to the newly-created COO role click here Unrivaled Brands reports sixfold increase in 2Q revenue; gross profit more than triples click here CleanSpark closes acquisition of bitcoin mining facility in Georgia click here PharmaDrug completes significant groundwork to support multi-kilogram production of cepharanthine-2HCL drug click here Universal Ibogaine targets October re-opening of Kelburn addiction treatment facility near Winnipeg click here Westwater...

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IDEX Biometrics: Subscription Rights Exercise – 19 Aug. 2022

The board of directors of IDEX Biometrics ASA has resolved to issue in total 289,608 ordinary shares at price NOK 0.15 per share to an employee who has exercised incentive subscription rights. The incentive subscription rights were issued under the company’s 2019 incentive subscription rights plan, which was approved by the annual general meeting on 9 May 2019. The employee has paid the subscription amount to the company. Following the issue, the company’s share capital will be NOK 151,934,799.20 divided into 1,012,898,662 shares each with a nominal value of NOK 0.15. Following the exercise, there are 84,497,947 incentive subscription rights outstanding. For further information contact:Marianne Bøe, Investor RelationsE-mail: marianne.boe@idexbiometrics.comTel: + 47 918 00186 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX...

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