Month: September 2022

VANCOUVER, British Columbia, Sept. 30, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT / Nasdaq: WPRT) today announced the resignation of its Chief Financial Officer (CFO), Richard Orazietti, for personal reasons. Mr. Orazietti will continue in his capacity as CFO until November 30, 2022, following the release of Westport’s third quarter 2022 results, to ensure a smooth transition and the seamless transfer of duties and responsibilities. “On behalf of myself and the Board, I would like to thank Richard for his commitment and significant contributions to Westport,” said David Johnson, Chief Executive Officer of Westport. “Since joining in 2019, Richard led Westport through a critical period and has positioned us for long-term success by strengthening our financial position. Richard has...

Figure 1 Omaruru Lithium Project location relative to the Twin Hills Gold Projet and other mines and deposits in the areaHighlightsOsino signs Earn-In Agreement on its wholly owned exploration license EPL5533 hosting historic lithium prospects and small-scale mines to be explored and advanced by ASX-listed Prospect Resources Limited (“Prospect”). The Agreement allows Osino shareholders to benefit from the potential upside of advancing the non-core lithium potential by a competent and well-financed lithium developer at no cost to Osino. Prospect can earn up to 51% interest upon spending a total of US$1.56M, and up to 85% through additional equity contributions. Osino has the option to retain a 49% interest in the project through pro-rata equity contributions and regardless will be carried as a 15% holder in the event of non-funding,...

Strengthens Balance Sheet and Provides Additional Growth Capital NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced the pricing of a registered direct offering of 10,526,368 shares of its common stock (or, in lieu of shares of common stock, pre-funded warrants to purchase common stock (the “pre-funded warrants”)) and accompanying warrants to purchase 10,526,368 shares of its common stock. Each share of common stock and accompanying warrant will be sold at a combined offering price of $1.90 (minus $0.0001 for pre-funded warrants). The pre-funded warrants will have an exercise price of $0.0001 per share of common stock. The accompanying warrants are exercisable six months from closing for a period of 5 years at an exercise price of $2.00 per share. The offering is...

LONDON and NEW YORK, Sept. 30, 2022 (GLOBE NEWSWIRE) — Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, is pleased to announce that, with effect from September 30, 2022, it has entered into a joint venture agreement with Greater Bay Gas Co. Ltd. (Liberia) (“Greater Bay Gas”). The joint venture (the “Joint Venture”), owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire, over the next fifteen months, a total of five ethylene vessels, made up of two 17,000 cbm, 2018-built and three 22,000 cbm, 2019-built ethylene vessels (the “Vessels”). The Vessels are currently commercially managed by the Luna Pool collaborative arrangement (the “Luna Pool”), which was formed in March 2020 by Navigator, Greater Bay Gas Co. Ltd. (HK) and Pacific...

PRESS RELEASE September 30, 2022 Saniona (OMX: SANION), a clinical stage biopharmaceutical company, today announced that Saniona and Formue Nord Fokus A/S (Formue Nord) have agreed to the change the terms of the loan agreement of June 30, 2021. Saniona has repaid SEK 15 million of the loan and the maturity date for the outstanding loan value has been changed from June 30, 2023, to January 31, 2024. The current cash position is consequently expected to fund the planned activities until January 2024. Thomas Feldthus, Chief Executive Officer of Saniona, commented, “We continue to make progress on our partnering efforts, and I remain optimistic about being able to establish partnerships which will make us less dependent on the financial markets. The amended loan agreement will allow us to continue to pursue these efforts at the best possible...

Earlier this year, SalMar bought its relative share available for a fixed price for the capacity adjustment in the traffic light system. 1,223 MAB tonnes for a total consideration of NOK 244.6 million. SalMar has chosen to use the opportunity to terminate the purchase. This is due to the resource rent tax the Government has now announced. The proposals involve, among other things, that the state acquires 40 per cent of all cash flows in the company, and that the other owners’ share is correspondingly reduced. This is expressed by the total tax for aquaculture companies in Norway increasing from 22 to 62 per cent. If the proposals were to be adopted, there would be major consequences for the company’s investment decisions and capital allocation going forward. This has created a situation which means that the company does not...

Buyback authorization enables opportunistic cash deployment as part of a balanced capital allocation strategy ADDISON, Texas, Sept. 30, 2022 (GLOBE NEWSWIRE) — Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, announced today that its Board of Directors has approved a stock repurchase program, under which the Company is authorized to repurchase up to $40 million of its outstanding common stock. The Company intends to fund the repurchase program with cash on hand. The shares may be repurchased from time to time in open market transactions at prevailing market prices, or other means in accordance with federal securities laws, and may be repurchased pursuant to a Rule 10b5-1 trading plan. The timing, number,...

ATLANTA, Sept. 30, 2022 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) has scheduled a conference call for Friday, October 28, 2022, at 8:30 a.m. ET to discuss its third quarter 2022 financial results. Chart plans to issue its third quarter 2022 earnings release prior to market open on October 28th. A live webcast and replay will be available on the Company’s investor relations website, ir.chartindustries.com. Participants wishing to join the live Q&A session may request a conference call dial-in number by registering in advance using the following registration link. About Chart Industries, Inc. Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the clean Energy and Industrial Gas markets. Our unique product portfolio is used in...

GPOPlus+ to begin selling CaliGold Distro Brands including Delta8Rolls.com™ and FLAYVORZ Prerolls, Infused Hemp Flower, Kratom HempBlendz Gummies, Kratom Capsules and NutraceuticalsGPOPlus Enters into distro with Cali Gold GPOPlus+ to begin selling CaliGold Distro BrandsLAS VEGAS, NV and Temecula, CA, Sept. 30, 2022 (GLOBE NEWSWIRE) — GPO Plus, Inc. (OTCQB: GPOX), a publicly traded company of diversified Group Purchasing Organizations (GPOs) uses the power of Group Purchasing to save businesses money, today announced that DISTRO+, GPOX’s distribution division and GPO for specialty retailers, has been appointed as a preferred distributor of CaliGold Distro enabling GPOX rights to sell and distribute all CaliGold Distro products with preferred vendor pricing and availability. This is the second significant distribution agreement...