Day: September 6, 2022

Scorpio Tankers Inc. Announces Update on Q3 2022 Events, Including the Q3 Daily TCE Revenues and Exercise of Purchase Options

Scorpio Tankers Inc. Announces Update on Q3 2022 Events, Including the Q3 Daily TCE Revenues and Exercise of Purchase Options

MONACO, Sept. 06, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announces an update on Q3 2022 events, including the Q3 2022 quarter to date Daily TCE Revenues and the exercise of purchase options on eight ships. Third Quarter of 2022 Daily Time Charter Equivalent (“TCE”) Revenues Below is a summary of the average daily TCE revenue and duration of contracted voyages in the pools and spot market and time charters outside of the pools for the Company’s vessels thus far in the third quarter of 2022:   Pool and Spot Market   Time Charters Out of the Pool   Avg. Daily TCE Projected % of   Avg. Daily TCE Projected % of   TCE Revenue Revenue Days (2) Days   Revenue (1) Revenue Days (2) Days LR2   $50,000 3,150  92%    $28,500 408 100%                 MR   $42,000 5,000 85%   $22,000 328 100%                 Handymax  ...

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Transocean Ltd. Announces $181 Million in Contracts for Ultra-Deepwater Drillship Deepwater Asgard

Transocean Ltd. Announces $181 Million in Contracts for Ultra-Deepwater Drillship Deepwater Asgard

STEINHAUSEN, Switzerland, Sept. 06, 2022 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that the ultra-deepwater drillship, Deepwater Asgard, received two contract awards in the U.S. Gulf of Mexico for a total of approximately 14 months of work, adding $181 million in firm backlog. The first award is a one-well contract with Murphy Oil Corporation at $395,000 per day. The contract is expected to commence late this fall after the rig completes its current contract and a planned out-of-service period. The contract also includes an option for a second well at the same dayrate. The backlog for the firm contract is approximately $20 million. The second award, a one-year contract with another operator at $440,000 per day (plus up to $40,000 per day for additional products and services), is expected to commence in the...

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SuRo Capital Corp. Announces Expiration and Final Results of Tender Offer (Update)

SuRo Capital Corp. Announces Expiration and Final Results of Tender Offer (Update)

Modified Dutch Auction Tender Offer to Repurchase 2 Million Shares at $6.60 Per Share NEW YORK, Sept. 06, 2022 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq: SSSS) today announced its final results from its modified “Dutch Auction” tender offer (the “Tender Offer”). The Company’s Tender Offer expired at 5:00 P.M., Eastern Time, on September 2, 2022. The Tender Offer was made pursuant to an Offer to Purchase dated August 8, 2022 and the related Letter of Transmittal, by which the Company offered to purchase up to 2,000,000 shares of its common stock at a price per share not less than $6.00 and not greater than $7.00 in $0.10 increments, using available cash, which documents were filed with the Securities and Exchange Commission on August 8, 2022. In accordance with the Company’s previously announced...

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atai Life Sciences to Participate in September Investor Events

atai Life Sciences to Participate in September Investor Events

NEW YORK and BERLIN, Sept. 07, 2022 (GLOBE NEWSWIRE) — atai Life Sciences N.V. (Nasdaq: ATAI) (“atai”), a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, will participate in the following investor conferences in September: Citi’s 17th Annual BioPharma Conference in BostonFormat: Industry PanelDate and Time: Wednesday, September 7th, 10:30 a.m. ET – 11:15 a.m. ETConference Link: URL H.C. Wainwright’s 24th Annual Global Investment Conference in New York CityFormat: Company PresentationDate and Time: Tuesday, September 13th, 11:00 a.m. ET – 11:45 a.m. ETConference Link: URL Cowen’s 2nd Annual Novel Mechanisms in Neuropsychiatry Virtual SummitFormat: Industry PanelDate and Time: Monday, September 19th, 3:05 p.m. ET – 4:05 p.m. ET | 4:15 p.m. ET – 5:15 p.m. ETConference Link:...

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Bessor Announces $250,000 Private Placement Financing

Bessor Announces $250,000 Private Placement Financing

Vancouver, BC, Sept. 06, 2022 (GLOBE NEWSWIRE) — Bessor Minerals Inc. (NEX:BST.H) (“Bessor” or the “Corporation”) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 5,000,000 common shares in the capital of Bessor (the “Offered Shares”) at a price of $0.05 per Offering Share, for gross proceeds of up to $250,0000 (the “Private ‎Placement”). ‎ Bessor intends to complete the Private Placement using available prospectus exemptions under securities laws, including the accredited investor exemption and the close friends, family and business associates exemption. Any investors interested in participating in the Private Placement should contact Bessor pursuant to the contact information set forth below. The closing of the Private Placement is anticipated to occur on or around...

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<div>FTI Consulting Launches Corporate Finance & Restructuring Segment in Japan with  Appointment of Kenneth Smith</div>

FTI Consulting Launches Corporate Finance & Restructuring Segment in Japan with Appointment of Kenneth Smith

Strengthens Global End-to-End Transaction Capabilities TOKYO, Sept. 06, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the launch of the firm’s Corporate Finance & Restructuring segment in Japan with the appointment of transactions expert Kenneth Smith as a Senior Managing Director in Tokyo. The addition of the Corporate Finance & Restructuring segment in Japan bolsters the firm’s existing capabilities in Strategic Communications and Technology. Mr. Smith brings over 35 years of consulting and transaction advisory experience across several industries, including technology, media and telecom; energy; and manufacturing. His areas of expertise are in post-merger integration, deal strategy and commercial due diligence. Mr. Smith began his career assisting Japanese companies with their U.S. investments...

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Verizon Response: Company takes extraordinary measures to save power in California

Verizon Response: Company takes extraordinary measures to save power in California

Verizon will help ease strain on CA energy grid by taking its network switches off commercial power, raising temperature in stores, and reducing HVAC usage IRVINE, Calif., Sept. 06, 2022 (GLOBE NEWSWIRE) — Verizon is taking extraordinary steps to help prevent rolling blackouts in California as temperatures rise to extreme levels this week. The following actions will provide meaningful relief to reduce the impact on the state’s power resources, while minimizing the risk to our customers and employees. In a rare move, during today’s Flex Alert from 4:00 – 9:00 p.m. PT, Verizon will take six of its California mobile switching centers (switches) off commercial power and run those facilities on permanent backup generators, which are typically used only in case of network emergencies. Verizon engineers will be on site at each of...

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Kornit Digital Announces Participation in Upcoming Investor Conferences

Kornit Digital Announces Participation in Upcoming Investor Conferences

ROSH-HA`AYIN, Israel, Sept. 06, 2022 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (“Kornit” or “the Company”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionX and textile production technologies, announced today that the Company will participate at the following investor conferences: Citi’s 2022 Global Technology Conference Date: Thursday, September 8, 2022 Fireside Chat Discussion Time: 1:45 pm ET Click here for webcast The fireside chat discussion will also be available via live audio webcast and archived for replay on Kornit’s investor relations website at https://ir.kornit.com. Goldman Sachs Communacopia + Technology Conference Date: Tuesday, September 13, 2022 Hosting 1:1 Meetings with Investors About Kornit Digital Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable,...

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Dundee Precious Metals Announces CFO Retirement

Dundee Precious Metals Announces CFO Retirement

TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” of “the Company”) today announced today that Hume Kyle, Executive Vice President and Chief Financial Officer (“CFO”), will be retiring from DPM at the end of 2022. The Company has initiated a search process to onboard a new CFO by year-end. During this process, Mr. Kyle will continue as CFO and has indicated he will provide his full support to ensure there is a smooth transition. “As a member of DPM’s executive team, Hume provided a steady hand and strong leadership over our financial and commercial affairs, including helping to lead us through some challenging periods. His commitment to disciplined capital allocation, building our balance sheet strength and developing a highly capable finance organization have positioned us well to execute...

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2021 Schedule K-3 tax information now available for former unitholders of TC PipeLines, LP

2021 Schedule K-3 tax information now available for former unitholders of TC PipeLines, LP

HOUSTON, Sept. 06, 2022 (GLOBE NEWSWIRE) — Former unitholders of TC PipeLines, LP (TC PipeLines or TCP) who held an interest during 2021 may now access their 2021 Schedule K-3 tax information (including certain international tax information) online at www.taxpackagesupport.com/tcpipelines. On March 3, 2021, TC Energy Corporation (TC Energy) acquired all of the outstanding publicly-held common units of TC PipeLines and it became an indirect, wholly-owned subsidiary of TC Energy. While TCP is no longer publicly traded, there was a short period of public trading in early 2021 and any TCP unitholders during that period may have tax obligations arising out of their ownership of TCP units for such time. 2021 is the first tax year for the new Internal Revenue Service (IRS) Schedule K-3, which requires detailed reporting by partnerships...

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