Day: October 7, 2022

VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) — Goat Industries Ltd. (the “Company” or “GOAT”) (CSE: GOAT), advises that its board of directors has approved the settlement of $34,150 in debt (the “Debt Settlement”) through the issuance of 683,000 common shares (“Shares”) of the Company to one creditor for strategic advisory and business consulting services. The Shares will be issued at a deemed price of $0.05 per Share and will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue. The Company agreed to satisfy this outstanding indebtedness with Shares to preserve the Company’s cash for continued investments in high-potential companies which operate across a variety of sectors. Furthermore, GOAT reports it has issued 4,000,000 common shares in the...

VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it is temporarily curtailing its Mackenzie, British Columbia sawmill operations for two weeks commencing October 11, 2022. BC Ministry of Forests policies and practices which position sawmills in the BC Interior region at the high end of the industry cost curve, combined with a steep decline in lumber prices during a period of softer global market demand, have necessitated Conifex take this step. Conifex will continually monitor and assess industry and market conditions as they evolve. It is anticipated that the temporary curtailment will impact production capacity by approximately 7 million board feet in the fourth quarter. “This was a difficult decision. We regret the impact this will have on our employees,...

CHIHUAHUA, Mexico, Oct. 07, 2022 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC* or “the Company”), a leading producer of cement and concrete in the United States and Mexico, announces that it has signed a market maker agreement with BTG Casa de Bolsa, S.A. de C.V., which will trade the shares listed on the Mexican Stock Exchange under the ticker GCC* for a 12-month period beginning October 10, 2022. GCC seeks to promote the Company’s stock liquidity, in compliance with applicable laws and regulations. About GCC GCC is a leading supplier and producer of cement, concrete, aggregates, and construction‐related services in the United States, Mexico and Canada, with an annual cement production capacity of 5.8 million metric tons. Founded in 1941, the Company’s shares are listed on the Mexican Stock Exchange under the ticker...

CALGARY, Alberta, Oct. 07, 2022 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease, announces the closing of an underwritten public offering of: (i) 1,400,000 common share units (“Common Share Units“), with each Common Share Unit consisting of one common share, no par value, and one warrant (“Warrant“) to purchase one common share at a public offering price of US$1.00 per Common Share Unit, and (ii) 3,600,000 pre-funded warrant units (“Pre-Funded Units” and together with the Common Share Units, the “Units”), with each Pre-Funded Unit consisting of one pre-funded warrant (“Pre-Funded Warrant”) to purchase one...

TORONTO, Oct. 07, 2022 (GLOBE NEWSWIRE) — Reunion Neuroscience Inc. (TSX: REUN, NASDAQ: REUN) (“Reunion” or the “Company”), a leader in novel psychedelic drug development committed to innovating therapeutic solutions for mental health conditions by developing proprietary serotonin receptor agonist compounds, today announced that Ronan Levy has resigned as Director of the Company and Paula Amy Hewitt has resigned as General Counsel & Corporate Secretary, effective October 7, 2022. The Company wishes to sincerely thank Mr. Levy and Ms. Hewitt for their contributions to the Company and wishes them the best in their future endeavors. Additionally, the Company has appointed Greg Mayes, President and Chief Executive Officer, Reunion, as Director and Donna Wong, Chief Financial Officer, Reunion, as Corporate Secretary,...

But warns that in-country conditions could affect mining industry viability SAN JUAN, Argentina, Oct. 07, 2022 (GLOBE NEWSWIRE) — The Veladero gold mine has reached its 17th anniversary since first gold in October 2005 and the company remains committed to improving the asset, building on strong partnerships with the local community, and exploring to increase its resources.         At a media briefing here today, Barrick president and chief executive Mark Bristow said recent integrated work from the exploration team in the Veladero district has identified four high interest targets that will be tested with drilling campaigns starting in October 2022. Also, to continue developing an open partnership with local communities, Veladero will launch four new Community Development Committees (CDC) in the departments of Iglesia and Jáchal,...

VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) — Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) (“Ultra Lithium” or the “Company”) is pleased to announce that it has closed its non-brokered private placement issuing 2,156,278 Units at a price of C$0.15 per Unit (at premium of 50% over current market) for gross proceeds of C$323,442. Each Unit will be comprised of one common share of the Company (each, a “Unit Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one common share of the Company (each, a “Warrant Share”) for a period of 24 months. Each Warrant will be exercisable for $0.25 for the first 12 months following the closing date of the Private Placement and at $0.35 thereafter. The net proceeds from the sale of Units...

  Date: October 27, 2022    Time: 1:00 PM (Eastern Time)  EDMUNDSTON, New Brunswick, Oct. 07, 2022 (GLOBE NEWSWIRE) — Acadian Timber Corp. will release its 2022 third quarter results after market close on Wednesday, October 26, 2022, which will be available on our website at www.acadiantimber.com under “Press Releases.” The release will be followed by a conference call and webcast on Thursday, October 27, 2022, at 1:00 p.m. (Eastern Time) to discuss with members of senior management our financial and operating results. To participate in the third quarter conference call please register here or follow the link on our website at www.acadiantimber.com/presentations_and_webcasts, to receive your unique PIN. The media and investing public may access this conference call via a listen-in mode only. The third quarter conference...

VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) — Lupaka Gold Corp. (“Lupaka” or the “Company”) (TSX-V: LPK, FRA: LQP) issues a revised update which corrects certain inaccuracies in its original news release of September 29, 2022 entitled “Update on Arbitration Claim Sept 2022”. The corrected version regarding its ongoing Arbitration Claim proceedings (the “Claim”) with the Republic of Peru (“Peru”) is as follows. If readers wish to see the specific changes, please refer to the Company’s website. As previously reported, in October 2020, Lupaka filed a request for arbitration in accordance with Article 36 of the International Convention on the Settlement of Investment Disputes (“ICSID”) and Article 824 of the CPFTA against Peru for breaches of the Free Trade Agreement between Canada and Peru which entered...