Month: September 2022

TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) — Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSX-V: SHL) announces that it anticipates that it will be issued a failure-to-file cease-trade order (“CTO”) by the Ontario Securities Commission (the “OSC”) due to delays in filing the audited financial statements, CEO and CFO certifications, and management discussion and analysis (the “Annual Filings”) for the year ended April 30, 2022 by the filing deadline of August 29, 2022. The Company has been late in the preparation of the Annual Filings due to a combination of factors including the recent management changes which occurred within 30 days of the deadline for the Annual Filings. Once issued, the CTO will remain in effect until the Company files the Annual Filings. Upon issuance, the CTO prohibits all trading in the Company’s...

SAN JOSE, Calif., Sept. 01, 2022 (GLOBE NEWSWIRE) — Together with its customers, California Water Service (Cal Water) achieved greater water use reductions over the preceding month for the third month in a row. As customers continued to heed the Governor’s call to conserve water, Cal Water reduced water use company-wide by 12.4% in July 2022 compared to July 2020, with 10 of its districts saving more than 15%. All of Cal Water’s districts reduced water use this July compared to July 2020, showing that customers are curtailing their water use, particularly outdoors, even as temperatures rise. Cal Water has urged customers to continue their water-efficient practices and take advantage of its rebates and free programs to achieve more conservation in the months ahead. “We commend our customers’ conservation progress and their willingness...

WILMINGTON, N.C., Sept. 01, 2022 (GLOBE NEWSWIRE) — Live Oak Bank, a subsidiary of Live Oak Bancshares, announces 10 accomplished lenders have joined the bank’s General Small Business Administration (SBA) Lending team since the first half of 2022. The experienced lenders work with brokers, intermediaries, and individuals to support business acquisitions, partner buyouts and real estate purchases. “We continue to build a phenomenal team of SBA lending experts who have deep market knowledge and broaden our reach across the country to get capital into the hands of America’s entrepreneurs,” said Huntley Garriott, president of Live Oak Bank. “This is an effort for Live Oak to deliver on its mission to be America’s small business bank and provide access to capital with our differentiated approach.” Live Oak specializes in acquisition...

DETROIT, Sept. 01, 2022 (GLOBE NEWSWIRE) — Amesite Inc. (NASDAQ: AMST), (“Amesite” or the “Company”) a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, today announced that it closed its previously announced registered direct offering of 4,181,821 shares of common stock, and a concurrent private placement of warrants to purchase 4,181,821 shares of common stock at a combined purchase price of $0.55. The gross proceeds to Amesite from this offering are approximately $2.3 million, before deducting placement agent fees and other estimated offering expenses. The warrants will be exercisable commencing six months after the date of their issuance, have an exercise price of $0.82 per share and will expire five and one-half years from the date of issuance. Laidlaw...

VANCOUVER, British Columbia and TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp”) (TSXV: FNC) and KWG Resources Inc. (“KWG”) (CSE: KWG, KWG.A; FSE: KW61) are pleased to announce that, further to their joint press releases dated July 21, 2022 and August 10, 2022, they have closed the sale (the “Transaction”) by Fancamp to KWG of all of the right, title and interests beneficially owned by Fancamp in and to the “Koper Lake-McFaulds” mineral properties, comprised of four (4) “legacy” mining claims (the “Mining Claims”) that cover approximately four (4) square kilometers, overlying the axis of the Ring of Fire intrusion, host to all the known chromite deposits located within the “Ring of Fire” in the Province of Ontario. The consideration paid by KWG to Fancamp for the purchase of the Mining Claims and...

TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to announce that its administrator, Jade Power Administrator Inc., (the “Administrator”) has, on behalf of the Trust, entered into (together with certain subsidiaries of the Trust) a binding share sale agreement (the “Purchase Agreement”) dated September 1, 2022 with Enery Power Holding GmbH (“Enery”), an Austrian-based renewable energy company with operations throughout the Czech Republic, Slovakia and Bulgaria, and an affiliate thereof (the “Purchaser”), to sell all of its renewable energy operating assets (the “Sale Transaction”) pursuant to the terms and conditions set out in the Purchase Agreement. The parties to the Purchase Agreement act at arm’s length. Purchase Price and Unit Distributions The purchase price...

The National Music Publishers’ Association (NMPA), Nashville Songwriters Association International (NSAI), and Digital Media Association (DiMA) Have Reached a Settlement for Mechanical Streaming Royalty Rates to Increase to 15.35% over the Next Five Years NEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today commended a landmark settlement reached between the National Music Publishers’ Association (NMPA), Nashville Songwriters Association International (NSAI), and Digital Media Association (DiMA) in relation to the U.S. Copyright Royalty Board’s (CRB) Phonorecords IV proceedings. Digital service providers (DSPs), including Amazon, Apple, Google, Pandora and Spotify, have agreed to incrementally raise the percentage of revenue...

TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that its Chief Financial Officer, Peter Sweeney, will be leaving SmartCentres to pursue endeavors outside of the publicly traded real estate sector. As such, Mr. Sweeney will maintain his responsibilities until a successor is in place. “I am extremely proud to have been a participant in the extraordinary growth and transformational change that we have made with the support of all stakeholders, and I am confident that SmartCentres’ strong foundation will permit the team to continue to find new and meaningful ways to grow for the future,” said Mr. Sweeney. “Peter’s 7 1/2 years of dedicated service to SmartCentres is greatly appreciated and I wish him well in his future endeavors,” noted Mitchell Goldhar,...

Part of the company’s #ACallForKindness campaign which aims to make the world a kinder place, one act at a timeKANSAS CITY, Mo., Sept. 01, 2022 (GLOBE NEWSWIRE) — Drivers roaming the Heart of America were surprised with kindness top of mind at the gas pump. Nearly 50 customers pulled up to QuikTrip in Overland Park, Kansas recently, where they were surprised with a free tank of gas as part of Verizon’s “Fuel the Love” campaign. Kansas City joins Dallas, Cincinnati, Las Vegas, Madison, Portland, Phoenix, Indianapolis and Tampa as locations where Verizon, the network America relies on, has surprised and delighted people all in the name of kindness. “One simple act of kindness can be such a difference-maker for so many people,” said Matt Carr, Consumer Vice President with Verizon’s Consumer Group. “It’s why each retail employee...