Day: September 22, 2022

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE SERVICES OR FOR DISSEMINATIONIN THE UNITED STATES CALGARY, Alberta, Sept. 22, 2022 (GLOBE NEWSWIRE) — United Hunter Oil & Gas Corp. (“UHO” or the “Corporation“) (TSX Venture Exchange: UHO) (Frankfurt: 18U1), is pleased to provide an update on recently completed geophysical work and the subsequently updated technical report in accordance with National Instrument 43-101 (“Technical Report”), along with an update on the status of the previously announced amalgamation agreement (“Transaction“) with Bocana Resources Ltd. (“Bocana”) (together Bocana and UHO referred to as the “Resulting Issuer” or “Parties”). As a follow up to the previous announcements earlier this summer, Bocana completed an induced polarization (IP) geophysical survey on...

TORONTO, Sept. 22, 2022 (GLOBE NEWSWIRE) — Theralase® Technologies Inc. (“Theralase®” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company focused on the research and development of light activated Photo Dynamic Compounds (“PDCs”) and their associated drug formulations, used to destroy various cancers, bacteria and viruses, safely and effectively, is pleased to announce that it has closed a non-brokered private placement offering (“Offering”) of units (“Units”). On closing, the Corporation issued an aggregate of 10,000,000 Units at a price of $0.25 per Unit for aggregate gross proceeds of approximately $2,500,000. Each Unit consisted of one common share of the Company (“Common Share”) and one common share purchase warrant (“Warrant”). Each Warrant entitles the holder to acquire an additional Common...

CORAL GABLES, Fla., Sept. 22, 2022 (GLOBE NEWSWIRE) — MSP Recovery, Inc. (“MSP Recovery” or “MSPR”) today provided a business update.The company announced continued growth and new assignors, including healthcare provider networks and entities with more than 1,800 providers and scientists and more than 30 outpatient sites. Initial payments received by MSPR in response to individual claim demand packages thus far have, on average, been paid at 284% of the Paid Value of Potentially Recoverable Claims (“PVPRC”). For reference, MSPR’s prior settlement with Ocean Harbor Insurance resulted in recoveries at 350% (3.5 times) of the PVPRC with respect to Parts A and D, and 200% (2 times) of the PVPRC for Part B. Other settlement agreements have been agreed to with amounts between 400% and 600% (4 to 6 times) of PVPRC. LifeWallet has commenced...

STEINHAUSEN, Switzerland, Sept. 22, 2022 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that the harsh environment semi-submersible, Transocean Norge, received a contract award from Wintershall Dea Norge and OMV Norge granting the exclusive right to drill all of the wells for their respective drilling campaigns starting in 2023 through 2027, subject to rig availability and other conditions. The contract provides that the Transocean Norge will drill eleven wells for Wintershall Dea Norge and six wells for OMV Norge. A portion of this work is subject to operator and government approvals. Assuming that all approvals are received, the full contract period is 1,071 days at an average dayrate of $408,000 which would contribute $437 million in backlog, excluding bonuses and additional services. In addition, the contract...

DALLAS, Sept. 22, 2022 (GLOBE NEWSWIRE) — William Casey McManemin, the Chief Executive Officer of Dorchester Minerals, L.P. (the “Company”), has announced he will step down from his position as Chief Executive Officer of the Company, effective as of October 1, 2022, with a view to facilitating an orderly plan of succession among the Company’s senior management. In connection with Mr. McManemin’s transition, the Company has appointed Bradley J. Ehrman to serve as its Chief Executive Officer, effective as of October 1, 2022. Mr. Ehrman, age 45, served as the Company’s Engineering Manager from 2004 to 2011 when he was named Vice President of Operations. Mr. Ehrman then served as Vice President of Operations from 2011 to 2015 when he was named Chief Operating Officer. Mr. Ehrman graduated with distinction with a Bachelor of Science...

ELKO, Nev., Sept. 22, 2022 (GLOBE NEWSWIRE) — Nevada Gold Mines (NGM) continues to demonstrate the impact of Barrick Gold Corporation’s (NYSE:GOLD)(TSX:ABX) strategy of combining the best assets with the best people as new projects and prospects secure its future as a high-quality, long-life operation for decades to come, says NGM chairman Mark Bristow. Speaking during a visit by a group of equity analysts and investors to see first-hand the development of the Goldrush underground project, the open pit operations and processing facilities at Cortez, and the Third Shaft project and core shack at Turquoise Ridge, Bristow said NGM had unlocked significant synergies by consolidating mines, teams, processing facilities and landholdings. Since the formation of the joint venture with Newmont three years ago, NGM has produced 10 million...

OAKDALE, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Damon K. Munoz has joined the bank as Vice President, Commercial Banking Officer. He is currently based out of Roseville. Munoz joins the Oak Valley team with over 20 years of commercial banking and finance experience. As a Commercial Banking Officer, he will be responsible for commercial lending and business development in the Capital region. “We are excited to welcome Damon to the Oak Valley team,” said Gary Stephens, EVP Commercial Banking Group. “Damon’s extensive commercial banking experience includes working with public and private businesses on real estate, ground-up construction, working capital, equipment, and SBA financing projects. His commercial lending acumen coupled...