Day: September 2, 2022

BC Moly Announces Receipt of Certain Escrowed Proceeds

BC Moly Announces Receipt of Certain Escrowed Proceeds

VANCOUVER, British Columbia, Sept. 02, 2022 (GLOBE NEWSWIRE) — BC Moly Ltd. (“BC Moly” or the “Company”) (NEX: BM.H) is pleased to announce today that certain holders of subscription receipts of the Company have exchanged (the “Partial Exchange”) an aggregate of 3,028,788 subscription receipts (the “Partial Exchange Receipts”), purchased for $0.165 per Partial Exchange Receipt (the “Issue Price”), in advance of the satisfaction by the Company of certain escrow release conditions (the “Escrow Release Conditions”). The Partial Exchange resulted in the release from escrow of an aggregate of $499,750 (plus interest, if any, earned thereon) to the Company. The Partial Exchange Receipts constitute a portion of the subscription receipts issued and sold under the non-brokered private placement of subscription receipts of the Company that...

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Avista Makes Price Adjustment Requests in Washington and Idaho

Avista Makes Price Adjustment Requests in Washington and Idaho

Overall changes in electric and natural gas prices would be effective November 1, 2022 SPOKANE, Wash., Sept. 02, 2022 (GLOBE NEWSWIRE) — Avista (NYSE: AVA) has made annual rate adjustment filings with the utility commissions in Washington and Idaho that, if approved, will result in an increase in electric and natural gas rates in Washington and natural gas rates in Idaho, effective November 1, 2022 Washington Electric Adjustment FilingsTwo electric adjustments were filed, that if approved, are designed to change overall electric revenues as follows: Wildfire Expense Balancing: increase of approximately $5.1 million or 0.9% Residential Exchange Program: decrease of approximately $0.2 million or 0.1% Washington Natural Gas Adjustment FilingThe natural gas adjustment request is the annual natural gas Purchased Gas Cost Adjustment....

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2022

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2022

HOUSTON, Sept. 02, 2022 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2022. As of August 31, 2022, the Company’s net assets were $1.4 billion, and its net asset value per share was $10.63. As of August 31, 2022, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 516% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 398%.   Kayne Anderson Energy Infrastructure Fund, Inc. Statement of Assets and Liabilities August 31, 2022 (Unaudited)     (in...

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<div>Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2022</div>

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at August 31, 2022

HOUSTON, Sept. 02, 2022 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of August 31, 2022. As of August 31, 2022, the Fund’s net assets were $479.1 million and its net asset value per share was $10.15. As of August 31, 2022, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 500% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 379%.       Kayne Anderson NextGen Energy & Infrastructure, Inc. Statement of Assets and Liabilities August 31, 2022 (Unaudited)     (in...

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NewAge, Inc. Receives Court Approval of First Day Motions

NewAge, Inc. Receives Court Approval of First Day Motions

Company Expected to Continue “Normal Course” Operations SALT LAKE CITY, Sept. 02, 2022 (GLOBE NEWSWIRE) — NewAge, Inc. (Nasdaq: NBEV) (the “Company”) today announced that the U.S. Bankruptcy Court for the District of Delaware has granted the Company interim approval for first day motions related to its Chapter 11 restructuring. The approved motions will support the Company’s ongoing operations during its financial restructuring process. The Court granted the Company access to a debtor-in-possession (“DIP”) financing facility of $16 million provided by DIP Financing, LLC, which combined with the Company’s projected revenues, will support its operations during the Chapter 11 process. The Court has also authorized the Company to continue paying employee wages and benefits, as well as certain operational requirements that allow the...

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Oxurion Announces Amendment to  Funding Program with Negma Group  for EUR 6 Million in Funding

Oxurion Announces Amendment to Funding Program with Negma Group for EUR 6 Million in Funding

Leuven, BELGIUM, Boston, MA, US – September 2, 2022 – CET 10:30PM – Oxurion NV (Euronext Brussels: OXUR) a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, announced today that it has amended its mandatory convertible bonds issuance and subscription agreement announced on April 6, 2021 (“funding program”) with the Negma Group, a financial institution focused on supporting growth and capturing value through a multi-strategy approach. The proceeds will be devoted to Oxurion’s KALAHARI Phase 2, Part B clinical trial. The trial is currently underway and is evaluating THR-149, its novel therapeutic for second line therapy, against market leader aflibercept in the treatment of diabetic macular edema (DME) for the 40-50% of DME patients that get...

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BOK Financial® to eliminate non-sufficient funds fees, overdraft fee changes

BOK Financial® to eliminate non-sufficient funds fees, overdraft fee changes

TULSA, Okla., Sept. 02, 2022 (GLOBE NEWSWIRE) — BOK Financial® will eliminate all non-sufficient funds fees and reduce overdraft fees by the end of 2022. These fees are incurred when there isn’t enough money in an individual’s checking or savings account to cover a transaction whether the transaction was processed (overdraft fees) or rejected (non-sufficient funds fees). By the end of the year, the bank—operating as BOK Financial®, Bank of Oklahoma, Bank of Texas and Bank of Albuquerque—will make the following changes: Eliminate fees charged when checks or payments cannot be processed due to lack of funds, commonly known as non-sufficient funds fees. Reduce the maximum number of overdraft fees charged per day from five to three. Increase the overdraft cushion to $50 from $5, ensuring that customers do not pay overdraft fees when...

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ApartmentLove Completes Final Tranche of Its Previously Announced Non-Brokered Private Placement

ApartmentLove Completes Final Tranche of Its Previously Announced Non-Brokered Private Placement

NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Sept. 02, 2022 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (“ApartmentLove” or the “Company”), a leading provider of online home, apartment, and vacation rental marketing services catering to owners and renters in more than 30-countries around the world, is pleased to announce, further to its press releases dated May 20, 2022, and June 10, 2022, that it has closed the final tranche of its previously announced non-brokered private placement of up to 10,000,000 units of the Company (“Units”) at a price of $0.15 per Unit for gross proceeds of up to $1,500,000 (the “Private Placement”). Amid an unprecedented capital environment and the lasting effects occasioned by the...

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Calibre Reports an Equipment Failure in the Carbon Plant at Libertad; Full year Production Guidance Maintained

Calibre Reports an Equipment Failure in the Carbon Plant at Libertad; Full year Production Guidance Maintained

VANCOUVER, British Columbia, Sept. 02, 2022 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) reports that an equipment failure occurred in the ADR plant at the Libertad mill in Nicaragua. In accordance with Calibre’s high standards and protocols, an investigation is underway to determine the cause of the failure and work to prevent future issues. At this time the strip circuit is down for repair and the Company anticipates Q3 gold sales to be impacted by approximately 15,000 ounces. Mining and processing operations continue, and gold in-circuit will accumulate until the strip circuit is fully operational. At this time, we do not anticipate adjusting full year production guidance. ON BEHALF OF THE BOARD “Darren Hall” Darren Hall, President and Chief...

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<div>Mercer International Inc. to Present at Upcoming Credit Suisse 35th Annual Specialties & Basics Conference</div>

Mercer International Inc. to Present at Upcoming Credit Suisse 35th Annual Specialties & Basics Conference

NEW YORK, Sept. 02, 2022 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior VP Finance, CFO & Secretary, will be presenting at the following upcoming conference: Credit Suisse 35th Annual Specialties & Basics Conference, New YorkSeptember 13 & 14, 2022 Presentation at 10:15 AM EDT, Tuesday, September 13, 2022 A copy of the presentation will be posted in the “Investors – News Releases & Presentations” section on the Company’s web site (https://mercerint.com/investors/news-releases-presentations/) on the morning of the event. Mercer International Inc. is a global forest products manufacturing company with operations in Germany, the USA, and Canada with a consolidated annual production capacity of approximately 2.3 million tonnes of pulp and 550 million board...

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