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Day: September 12, 2022

OTC Markets Group Expands Global Footprint and Welcomes New Hire in Singapore

NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, is pleased to announce that it has hired Catherine Chao Shang, as Vice President, Corporate Services and Market Data Business Development, headquartered in Singapore. OTC Markets Group’s expansion into Asia is part of a broader strategy to assist global issuers looking to access the U.S. Capital Markets as well meet demand for OTC data distribution across the region. “We are thrilled to welcome Catherine to our international team,” said Jason Paltrowitz, EVP, Corporate Services, OTC Markets Group. “Building out our presence in Singapore will play a pivotal role in the growth of OTC Markets internationally and will help us further cultivate relationships with...

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NorthWest Copper Files Lorraine Mineral Resource Estimate Technical Report on SEDAR

VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) — NorthWest Copper Corp. (“NorthWest” or “the Company”) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce the filing on SEDAR of an updated independent Mineral Resource Estimate (“MRE”) for its Lorraine property, located approximately 280km northwest of Prince George, BC and approximately 40km from the Company’s Kwanika-Stardust Projects. The MRE results were previously disclosed in the Company’s news release dated July 27, 2022. The technical report is entitled “Lorraine Copper-Gold Project NI 43-101 Report & Mineral Resource Estimate Omineca Mining Division, B.C” dated September 12, 2022 with an effective date of June 30, 2022 (the “Technical Report”). The Technical Report was authored by Michael Dufresne, M.Sc., P. Geol., P.Geo. and Alfonso Rodriguez, M.Sc.,...

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PowerTap Announces T2M as its Engineering and Design Validation Partner

VANCOUVER, British Columbia and IRVINE, Calif., Sept. 12, 2022 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp. (NEO: MOVE) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) is pleased to announce that it has engaged T2M Global (“T2M”) as its engineering and design partner to conduct validation of its Gen3 Modular Hydrogen Production and Dispensing Unit (MHPDU) and to provide final engineering for lower-cost manufacturing with enhanced robustness. The demand for hydrogen refueling stations is growing rapidly worldwide promising a multi-billion dollar market. To capitalize on this demand, PowerTap has engaged T2M Global to fast-track initial station delivery. The T2M team, led by Mr. Pinakin Patel, has extensive experience in production of green hydrogen for multiple applications...

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Wearable Devices Ltd. Announces Pricing of $16 Million Initial Public Offering

Yokne’am Illit, Israel, Sept. 12, 2022 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company”), a growth company developing a non-invasive neural input interface technology for B2B and B2C customers, today announced the pricing of its initial public offering of 3,750,000 common units. Each common unit is being offered at a public offering price per common unit of $4.25 and consists of one ordinary share and two warrants to purchase one ordinary share each, with an initial exercise price of $4.00 per share. The gross proceeds of the offering are expected to be approximately $16 million before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on September 15, 2022, subject to satisfaction of customary closing conditions. In addition, the Company has granted Aegis Capital Corp....

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Global Consumer Acquisition Corp. Announces Extension of Completion Window to December 11, 2022

MARIETTA, GA, Sept. 12, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Global Consumer Acquisition Corp. (NASDAQ: GACQU, GACQ, GACQW) (“GACQ” or the “Company”), a special purpose acquisition company, announced today that Global Consumer Acquisition LLC (the “Sponsor”), the Company’s initial public offering sponsor, has deposited into the Company’s trust account an aggregate of $1,826,300 (representing approximately $0.10 per share of GACQ’s common stock), in order to extend the period of time the Company has to complete a business combination for an additional three (3) months period, from September 11, 2022 to December 11, 2022. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited on September 9, 2022. The promissory note bears no interest and can be repaid or converted into the Company’s...

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Advaxis Reports Third Quarter Ended July 31, 2022 Financial Results and Provides a Business Update

Announced completion of first dose level and enrollment initiation for second dose level in investigator-sponsored study of ADXS-504 in biochemically recurrent prostate cancer Cash runway extends into fiscal third quarter of 2024 MONMOUTH JUNCTION, N.J., Sept. 12, 2022 (GLOBE NEWSWIRE) — Advaxis, Inc. (OTCQX: ADXS), a clinical-stage biotechnology company focused on the development and commercialization of immunotherapy products, today announces its financial results for the third quarter ended July 31, 2022 and provides a business update. Third Quarter Ended July 31, 2022 Financial Results and Recent Key Accomplishments:Announced completion of first dose level in investigator-sponsored study in biochemically recurrent prostate cancer.The preliminary clinical assessment showed that at the first dose level ADXS-504 monotherapy...

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Brown & Brown, Inc. announces the asset acquisition of VistaNational Insurance Group, Inc.

DAYTONA BEACH, Fla., Sept. 12, 2022 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Kahlil Hogan, Thomas Mathew, Richard Mathews, William Novak, David N. Schwimmer and Brian Walsh, the shareholders of VistaNational Insurance Group (VistaNational), today announced that Brown & Brown of Illinois, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of VistaNational.   VistaNational was founded in 1996 by president and chief executive officer David N. Schwimmer, who is retiring after 47 years in the insurance business. The firm offers employee benefits solutions to businesses and public entities throughout the State of Illinois and in certain other states. Following the acquisition, the VistaNational team will continue doing business...

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Unigold Announces Closing of Non-Brokered Private Placement of up to $1,600,000

TORONTO, Sept. 12, 2022 (GLOBE NEWSWIRE) — Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD, OTCQX:UGDIF, FSE:UGB1) is pleased to announce that it has closed a second and final tranche (“Final Tranche”) of a non-brokered private placement of up to 20,000,000 units of the Company (each, a “Unit”) at a price of $0.08 per Unit for gross proceeds of up to $1,600,000 (the “Offering”). Each Unit consists of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.30 until the date that is the earlier of: (i) one year following the date of issue, or (ii) 30 days after the date on which...

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Irving Resources Reports 2022 Grant of Stock Options

VANCOUVER, British Columbia, Sept. 12, 2022 (GLOBE NEWSWIRE) — Irving Resources Inc. (CSE:IRV; OTCQX: IRVRF) (“Irving” or the “Company”) announces that pursuant to the Company’s stock option plan, it has granted incentive stock options to its directors, officers, employees and consultants to purchase an aggregate of 1,795,000 common shares at an exercise price of $1.00 per share. The stock options have a term of three (3) years, with one-third of the grant vesting every six (6) months from grant day with full vesting in the first 18 months of the term. About Irving Resources Inc.: Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary, a Joint Exploration Agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC is a government organization established...

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Production report for August 2022

Oslo, 12 September 2022         August 2022 July 2022Operated Boepd (1) Bopd (2) Boepd (1) Bopd (2)Colombia 966 615 951 610Argentina (3) 2,161 368 2,224 423Total operated 3,127 983 3,175 1,033Total equity 785 422 780 423(1)   Barrels of oil equivalents per day (includes liquid and gas)(2)   Barrels of oil per day (represents only liquids)(3)   Operated by Selva Maria Oil on behalf of IOX until local authorities approve operator’s licence. [boepd]: barrels of oil equivalents per day (includes liquid and gas)[Operated]: 100% field production operated by Interoil[Equity]        : Interoil’s share production net of royalties.Comments In August 2022, the average daily operated production from fields in Argentina and Colombia combined decreased by 48 boepd representing a decline of less than two percent compared with...

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