Day: September 15, 2022
VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) — Baden Resources Inc. (CSE: BDN) (“Baden” or the “Company“) is pleased to announce that further to its press release dated June 30, 2022 where it announced that it had entered into a business combination agreement (the “Business Combination Agreement”) with NorthStar Gaming Inc. (“NorthStar”) pursuant to which, among other things, NorthStar will complete a “reverse takeover” of the Company (the “Proposed Transaction“) following which, the resulting company (the “Resulting Issuer“) will operate the business of NorthStar., NorthStar has completed a first closing (the “First Closing”) of its offering (the “Offering”) of up to 30,000,000 subscription receipts (the “Subscription Receipts”) by issuing...
VR announces non-brokered flow-through private placement, and commences plans for drill program at Hecla-Kilmer in October
Written by Customer Service on . Posted in Public Companies.
Figure 1
View south over VR’s exploration camp located at the hydro – electric dam facility at Otter Rapids in northern Ontario. The Hecla-Kilmer Critical Metals discovery is located approximately 23 km to the west, to the right of this photo. Photograph taken in October, 2021; the camp will be used again for drilling planned in October, 2022.THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR; FSE: 5VR; OTCQB: VRRCF), the (the “Company” or “VR”), announces a non-brokered flow-through private placement (the “Financing”) in order to confirm funds for a drill program planned...
MediciNova to Participate in the Lytham Partners Fall 2022 Investor Conference
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LA JOLLA, Calif., Sept. 15, 2022 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it will be conducting one-on-one virtual meetings with institutional investors as part of the Lytham Partners Fall 2022 Investor Conference. The event is taking place virtually on September 28 – 29, 2022.
Yuichi Iwaki, MD, PhD, President and Chief Executive Officer, and Geoffrey O’Brien, JD/MBA, Vice President and Executive Officer, will be available for one-on-one meetings at this conference and investors may request a one-on-one meeting by contacting Joe Diaz of Lytham Partners by phone at (602) 889-9660, by email at diaz@lythampartners.com or by registering at https://www.lythampartners.com/fall2022invreg/.
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Pinehurst Capital II Announces Name Change to Halcones Precious Metals Corp. and Consolidation
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TORONTO, ON, Sept. 15, 2022 (GLOBE NEWSWIRE) — Pinehurst Capital II Inc. (TSXV: PINH.P) (the “Company”), a Capital Pool Company, as defined in the policies of the TSX Venture Exchange (the “TSXV”), is pleased to announce that, in connection with its previously announced “Qualifying Transaction” (the “Transaction”) pursuant to TSXV Policy 2.4 – Capital Pool Companies with Halcones Precious Metals Inc. (“Halcones”), it has filed articles of amendment to change its name to “Halcones Precious Metals Corp.” (the “Name Change”) and consolidate its issued and outstanding common shares (“Common Shares”) on the basis of 0.4716981 post-consolidation Common Shares for each pre-consolidation Common Share (the “Consolidation”). The Name Change and Consolidation were approved by shareholders of the Company at its annual and special meeting...
Churchill Downs Incorporated Enters Definitive Agreement to Acquire Ellis Park in Henderson, Kentucky
Written by Customer Service on . Posted in Mergers And Acquisitions.
Acquisition of Historic Thoroughbred Racetrack Affords CDI the Opportunity to Construct Gaming and Entertainment Venue in Owensboro, Kentucky
LOUISVILLE, Ky., Sept. 15, 2022 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today that it has signed a definitive agreement to acquire Ellis Park Racing & Gaming (“Ellis Park”) in Henderson, Kentucky, from Enchantment Holdings, LLC, an affiliate of Laguna Development Corporation, for total consideration of $79 million in cash, subject to certain working capital and other purchase price adjustments. CDI will also assume Ellis Park’s opportunity to construct a track extension facility in Owensboro, Kentucky.
“This is an exciting announcement for the horse racing industry, the cities of Henderson and Owensboro, and the entire Commonwealth of Kentucky,”...
BRT Apartments Corp. Expands Financial Flexibility With Amended Credit Facility
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GREAT NECK, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) — BRT Apartments Corp. (NYSE:BRT) entered into an amended credit facility which increases to up to a total of $60 million the amount available to be borrowed for the acquisition of, and repayment of mortgage debt on, multi-family properties, increases the amount available to be borrowed for operating expenses to $25 million, and extends the term of the facility to September 2025. The amended facility also reduces the interest rate to the prime rate, subject to a floor of 3.5%, and requires compliance with certain additional financial covenants. Net proceeds received from the sale, financing or refinancing of BRT’s wholly-owned properties are required to be used to repay amounts outstanding under the facility.
The financing is lead by VNB New York, LLC, an affiliate of Valley National...
Kimball International Releases 2021 ESG Report Detailing Efforts to Build a More Sustainable Future
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JASPER, Ind., Sept. 15, 2022 (GLOBE NEWSWIRE) — Kimball International, Inc. released “Crafting a Sustainable Future,” its 2021 Environmental, Social, and Governance (ESG) Report. This robust document details their ongoing commitment to sustainable business practices and leading the way as a socially responsible company. The report outlines their Fiscal Year 2023 goals, previous years’ metrics, recognition and awards for outstanding health and safety efforts, and information about their dedication to Diversity, Equity, Inclusion, and Belonging (DEIB).
With data-based metrics and employee-centered examples on a variety of subjects, this piece includes their environmental policies, energy management, greenhouse gas emissions, water usage, waste reduction, human rights, DEIB, health and safety management, community engagement, supply...
PMV Consumer Acquisition Corp. Announces Postponement of Special Meeting of Stockholders
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Palm Beach, Florida, Sept. 15, 2022 (GLOBE NEWSWIRE) — PMV Consumer Acquisition Corp. (NYSE: PMVC) (the “Company”), announced today that it has postponed the Company’s Special Meeting of Stockholders to be held on September 16, 2022, until September 21, 2022, at 9:00am Eastern Time. The postponed Special Meeting will be completely virtual and stockholders will be able to attend the special meeting online, vote and submit questions by visiting https://www.cstproxy.com/pmvconsumer/2022. There will be no change in the record date as a result of this postponement, and proxies tendered prior to the postponed date will not need to be voted again.
Stockholders may elect to redeem their public shares for a pro rata portion of the funds held in the Trust Account, by no later than September 19, 2022, by tendering their shares either by delivering...
ERES REIT Declares September 2022 Monthly Distribution
Written by Customer Service on . Posted in Dividend Reports And Estimates.
TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the September 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “September Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on September 30, 2022, with payment on October 17, 2022.
The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01308 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...
Methanex Announces New President & CEO Effective January 1, 2023
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VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) — The Board of Directors (“Board”) of Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that John Floren will retire as President and CEO and from the Board as of December 31, 2022. The Board has appointed Rich Sumner as President & Chief Executive Officer and member of the Board of Directors, effective January 1, 2023. Mr. Sumner currently holds the position of Methanex’s Senior Vice President, Global Marketing & Logistics and has been with the company since 2004.
Doug Arnell, Chair of the Board of Methanex, said, “Following a comprehensive multi-year succession process, the Board is extremely pleased to appoint Rich Sumner as President & CEO of Methanex. Rich is a proven leader who brings a thoughtful forward-looking perspective with the strategic...