Day: December 2, 2022

CALGARY, Alberta, Dec. 01, 2022 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) announces the voting results arising from its Annual General and Special Meeting of Shareholders held today. Voting Results The shareholders re-elected five directors to the board at the meeting: Guy Nelson, James Chui, George Tai, Chuyu Wu and Robert Marshall. The results of the vote on the election of the Board of Directors are as follows:  Votes In FavourGuy Nelson 63,245,961 100%James Chui 63,245,961 99.98%George Tai 63,245,961 99.99%Chuyu Wu 63,245,961 99.98%Robert Marshall 63,245,961 99.78%The 63 million proxies voted above represent approximately 48% of the total shares outstanding. Additionally, resolutions approving the following additional matters were passed at...

December 1, 2022 NEW YORK, NY, Dec. 01, 2022 (GLOBE NEWSWIRE) — On November 30, 2022, the stockholders of The Music Acquisition Corporation (“TMAC” or “the Company”) approved an amendment to TMAC’s amended and restated certificate of incorporation (the “Charter Amendment”) to allow TMAC to terminate early and redeem all of its outstanding Class A common stock (the “public shares”) prior to or on December 2, 2022. The Company filed the Charter Amendment with the Secretary of State of the State of Delaware on December 1, 2022. In connection with the approval and implementation of the Charter Amendment, the holders of 22,367,351 public shares, exercised their right to redeem their shares for cash at a redemption price of approximately $10.05 per share, for an aggregate redemption amount of approximately $224,698,655. The Company...

Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia (“Scotiabank”) providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million (the “Revolving Credit Facility”). The initial drawdown under the Revolving Credit Facility will be used to repay the Company’s existing syndicated facility with HSBC Bank Canada and Macquarie Bank Limited (the “Existing Facility”) which had US$32.6 million outstanding before repayment. The residual proceeds from the Revolving Credit Facility will be used for general corporate and working capital purposes....

Robust, Statistically Significant and Clinically Meaningful Absolute Improvement in Cognitive Function as Measured by ADAS-Cog and ADCS-ADL Key Secondary Endpoint CDR-SB Also Met, Demonstrating Statistically Significant Results Plan to Meet with Regulatory Authorities to Determine Next StepsNEW YORK, Dec. 01, 2022 (GLOBE NEWSWIRE) — Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders including Alzheimer’s disease, Parkinson’s disease, Rett syndrome and other central nervous system (CNS) disorders, today announced positive topline results from its Phase 2b/3 ANAVEX®2-73-AD-004 clinical trial of oral ANAVEX®2-73 (blarcamesine) for the treatment of mild cognitive...

December 1, 2022 NEW YORK, NY, Dec. 01, 2022 (GLOBE NEWSWIRE) — On November 30, 2022, the stockholders of The Music Acquisition Corporation (“TMAC” or “the Company”) approved an amendment to TMAC’s amended and restated certificate of incorporation (the “Charter Amendment”) to allow TMAC to terminate early and redeem all of its outstanding Class A common stock (the “public shares”) prior to or on December 2, 2022. The Company filed the Charter Amendment with the Secretary of State of the State of Delaware on December 1, 2022. In connection with the approval and implementation of the Charter Amendment, the holders of 22,367,351 public shares, exercised their right to redeem their shares for cash at a redemption price of approximately $10.07 per share, for an aggregate redemption amount of approximately $225,342,749. The Company...

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 16, 2021 to its short form base shelf prospectus dated December 14, 2021. MONTREAL, Dec. 01, 2022 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has decided to pause the enrollment of patients in its Phase 1 clinical trial of TH1902, the Company’s lead investigational peptide drug conjugate (PDC) for the treatment of sortilin-expressing cancers. The Company plans to submit an amendment to its protocol to the U.S. Food and Drug Administration (FDA) for approval. Theratechnologies voluntarily made the decision to pause enrollment...

NEW ALBANY, Ohio, Dec. 01, 2022 (GLOBE NEWSWIRE) — CVG (NASDAQ: CVGI) announced today that Harold Bevis, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti December Small-Cap Virtual Conference on December 7, 2022, at 9:15 a.m. ET. A link to the webcast can be accessed through the investor section of the Company’s website at cvgrp.com. The presentation materials will be posted on the Company Website and be archived there for a period of 30 days. Management will also meet virtually with investors registered for the conference. For further information, please contact CVGI@alpha-ir.com About CVG At CVG, we deliver real solutions to complex design, engineering and manufacturing problems while creating positive change for our customers, industries,...

ST. JOHN’S, Newfoundland and Labrador, Dec. 01, 2022 (GLOBE NEWSWIRE) — Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) is pleased to announce that it has committed to purchase 2,298,700 common shares in the Altius Renewable Royalties Corp. (“ARR”) financing announced today. ARR also announced that its 50% held Great Bay Renewables II (“Great Bay”) joint venture has completed a US$46 million royalty investment in support of Longroad Energy’s (“Longroad”) acquisition of the 70 MWac Titan Solar project in California. With this participation Altius will maintain its 59% ownership in ARR. The financing, and Altius’s participation, is subject to customary closing conditions and associated regulatory filings, and is expected to close on or about December 8, 2022. For more information on this...