Month: September 2022

VANCOUVER, British Columbia, Sept. 16, 2022 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), is pleased to provide an update on our 2022 exploration programs in Labrador, Canada. Greg Andrews, President/CEO, comments: ”We have had a very busy exploration season so far this year. In addition to managing the exploration program, we expanded our exploration team and expanded our facilities and infrastructure in St. Lewis, Labrador. Search renovated its modern office and core shed facilities and built an additional storage shed to manage the increased drill core. We also purchased property in St. Lewis for our 2 – six-person trailers which are being utilized for our increased need for local accommodations.” Andrews added; “We continue to work toward a feasibility study for the end of 2023,...

TORONTO, Sept. 16, 2022 (GLOBE NEWSWIRE) — Toubani Resources, Inc. (formerly African Gold Group, Inc.) (TSX-V: TRE, FRA: 3A61) (“Toubani Resources” or the “Company”) is pleased to announce that it has lodged a prospectus (“Prospectus”) with the Australian Securities and Investments Commission in relation to its proposed dual listing on the Australian Securities Exchange (“ASX”). A copy of the Prospectus will be available on SEDAR under the Company`s profile. Under the Prospectus, the Company will offer between 27,500,000 and 32,500,000 CHESS Depositary Interests over common shares in the capital of the Company (“CDIs”) at an issue price of A$0.20 (CAD$0.18 based on the CAD/ASD exchange rate on September 16, 2022) per CDI for gross proceeds between A$5.5 million and A$6.5 million (the “Offer”). Each CDI will represent a beneficial...

Banco Comercial Português, S.A. informs about upgrade of long-term issuer credit rating to ‘BB+’ by S&P Global RatingsAttachment2022 09 16 Upgrade SP EN

BALA CYNWYD, Pa., Sept. 16, 2022 (GLOBE NEWSWIRE) — Larimar Therapeutics, Inc. (“Larimar” or the “Company”) (Nasdaq: LRMR), a clinical-stage biotechnology company focused on developing treatments for complex rare diseases, today announced the closing of its previously announced underwritten offering of 25,558,750 shares of common stock, which includes the exercise in full by the underwriters of their option to purchase an additional 3,333,750 shares at the offering price of $3.15 per share. The gross proceeds to Larimar, before deducting the underwriting discounts and commissions and estimated offering expenses, were approximately $80.5 million. Deerfield Management and other notable life science investors participated in the offering. Guggenheim Securities, LLC acted as lead book-running manager for the offering and William Blair...

PRESS RELEASE Technicolor: Update on the refinancing and Spin–off process Paris (France), September 16, 2022 – Technicolor, (Euronext Paris: TCH; OTCQX: TCLRY) (the “Company”, and together with its subsidiaries, the “Group”) today announces the finalization of its refinancing process, with the issuance of Mandatory Convertible Notes convertible into new shares of the Company (“MCN”), and the closing of two distinct financing packages, reflecting the upcoming spin-off of Technicolor Creative Studios (“TCS”) from the rest of the Group, which will be renamed Vantiva as from the day of the listing of Technicolor Creative Studios. On September 15, 2022, the Company issued 115,384,615 MCN for a total net amount of €292,499,999.03. As a consequence, subject to the acknowledgment by the court of the early completion of the financial accelerated...

The company honored 23 company associates as the “Best of Block” KANSAS CITY, Mo., Sept. 16, 2022 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB) announced the 23 winners of its fifth annual Best of Block Awards, showcasing the “best of the best” associates with outstanding accomplishments. Best of Block associates find creative ways to solve problems with process and program improvements that save time and money on behalf of the company. The Best of Block Award honorees demonstrate H&R Block’s “Block Behaviors,” the key foundational elements that help the company achieve its goals. The Block Behaviors are Customer-Centric, Curious, Problem Solvers, Straightforward, Resilient, Bold and Better Together. “The Best of Block honorees act boldly, demand high standards, crave tough problems...

NEW YORK, Sept. 16, 2022 (GLOBE NEWSWIRE) — Mercer International Inc., or “Mercer”, (Nasdaq: MERC) today announced that it has successfully entered into a new €300 million revolving credit facility for its German subsidiaries with a syndicate of European banks (the “New Facility”). The New Facility has a five year term, is unsecured and accrues interest at a rate of Euribor plus a stipulated margin. The New Facility is “sustainability linked” whereby if certain sustainability targets are achieved, there is a reduction in the applicable interest rate. The sustainability-linked feature is consistent with Mercer’s long term ESG objectives as validated by the Science Based Targets Initiative. The New Facility is available to Mercer’s German operating subsidiaries, including after closing...

RENO CITY, NV, Sept. 16, 2022 (GLOBE NEWSWIRE) — Winvest Group Ltd. (OTCMKTS: WNLV) (“Winvest” or the “Company”), f/k/a Zyrox Mining International, Inc. (ZYRX), is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”). DTC eligibility is expected to simplify the process of trading and enhance liquidity of Winvest’s shares in the United States. The Company’s shares trade under the symbol “WNLV”.The DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered...