TrackX Holdings, Inc. and SpotLite360 IOT Solutions, Inc. Announce a Letter of Intent (LOI) for SpotLite360 to Acquire TrackX

Written by Customer Service on December 7, 2022. Posted in Mergers And Acquisitions.

DENVER and VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) — TRACKX HOLDINGS, INC (“TrackX”) (TSX.V:TKX I Frankfurt:3TH) (“TrackX” or the “Company”), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announces that it has entered into a non-binding Letter of Intent (the “LOI”) with SPOTLITE360 IOT SOLUTIONS, INC. (“SpotLite360”) (CSE: LITE) (OTC: SPLTF) (Frankfurt: 87A) whereby SpotLite360, by way of a proposed transaction (the “Proposed Transaction”), will acquire all of the issued and outstanding securities of TrackX. TrackX has an established a long-standing relationship with SpotLite360 in which the Company has licensed its supply chain software solutions to SpotLite360 for use within the healthcare, pharmaceutical and agriculture industries. TrackX’s enterprise-scalable platform...

SpotLite360 IOT Solutions, Inc. and TrackX Holdings, Inc. Announce a Letter of Intent (LOI) for SpotLite360 to Acquire TrackX Holdings, Inc.

Written by Customer Service on December 7, 2022. Posted in Mergers And Acquisitions.

DENVER and VANCOUVER, British Columbia and TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) — SPOTLITE360 IOT SOLUTIONS, INC. (“SpotLite360” or the “Company”) (CSE: LITE) (OTC: SPLTF) (Frankfurt: 87A) is pleased to announce that it has entered into a non-binding Letter of Intent (the “LOI”) to acquire TRACKX HOLDINGS, INC (“TrackX”) (TSX.V:TKX I Frankfurt:3TH) by way of a proposed transaction (the “Proposed Transaction”), whereby the Company will acquire all of the issued and outstanding securities of TrackX. As part of SpotLite360’s acquisition of Captios in June of 2021, the Company acquired a software license to TrackX’s supply chain technology platform for use within the healthcare, pharmaceutical and agriculture industries. TrackX operates as an enterprise asset management company deploying SaaS-based solutions leveraging multiple...

Descartes Announces Fiscal 2023 Third Quarter Financial Results

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

Record Services Revenues and Income from Operations WATERLOO, Ontario, Dec. 07, 2022 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2023 third quarter (Q3FY23). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “Our customers face complexity in their supply chains from a myriad of factors, including movements in foreign exchange rates, inflation, freight cost movements, geopolitical events and fast-changing economic conditions,” said Edward J. Ryan, Descartes’ CEO. “Our job is to help our customers manage through that complexity. Our Global Logistics Network (GLN) helps shippers, carriers, and logistics services providers...

InspireSemi Announces Non-Brokered Private Placement of Units

Written by Customer Service on December 7, 2022. Posted in Public Companies.

VANCOUVER, British Columbia and AUSTIN, Texas, Dec. 07, 2022 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that has built a technology foundation to deliver revolutionary performance, today announced that it intends to undertake a non-brokered private placement (the “Financing”) for up to an aggregate amount of C$2,000,000 of units (the “Units”), with each Unit being comprised of (i) an unsecured convertible debenture (each, a “Debenture”) in a principal amount of C$1,000 and (ii) 52 proportionate voting share purchase warrants (the “Warrants”). The Financing is expected to close in multiple tranches. The proceeds from the Financing will be used to support the Company’s go-forward strategy and general working capital needs. Each Debenture will carry a...

Goldstar Announces Closing of Acquisition of Claims

Written by Customer Service on December 7, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES MONTREAL, Dec. 07, 2022 (GLOBE NEWSWIRE) — Goldstar Minerals Inc. (“Goldstar” or the “Corporation”) (TSX-V: GDM) is pleased to announce that, following approval from the TSX Venture Exchange, it has completed the mining claims purchase transaction previously announced on November 17, 2022. At closing, the Corporation paid $25,000 plus applicable taxes and issued 500,000 common shares to acquire a 100% interest in two mining claims. The common shares are subject to a statutory four month hold period. For further information, please contact: David CrevierChairmanTelephone: 514-284-3663dcrevier@goldstarminerals.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility...

SAB Biotherapeutics Announces $7.9 Million Private Placement of Common Stock

Written by Customer Service on December 7, 2022. Posted in Public Companies.

SIOUX FALLS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) — SAB Biotherapeutics (Nasdaq: SABS), a clinical-stage biopharmaceutical company with a novel immunotherapy platform that produces specifically targeted, high-potency, fully-human polyclonal antibodies without the need for human donors, today announced it has entered into a securities purchase agreement for the private placement of approximately 7.3 million shares of its common stock and warrants to purchase an equal number of common stock (the “Warrants”) (collectively, the “Securities”). Existing SAB investors – including T. Denny Sanford, an experienced biotech investor and healthcare philanthropist — as well as new institutional investors participated in the private placement. The Warrants will be exercisable beginning six-months from the date of...

Gran Tierra Energy Inc. Announces 2023 Guidance

Written by Customer Service on December 7, 2022. Posted in Public Companies.

2023 Capital Expenditure Budget of $210-250 Million, Expected 2023 Cash Flow1 of $270-320 Million in Base Case Plan to Drill 18-23 Development Wells and 4-6 Exploration/Appraisal Wells Forecast 2023 Production of 32,000-34,000 BOPD, an Increase of 8% from 2022 and 24% from 2021 Forecast 2023 Free Cash Flow2 of $135 Million Before Exploration, $65 Million After Exploration in Base Case CALGARY, Alberta, Dec. 07, 2022 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced its 2023 capital budget and production guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest before royalties basis and are expressed in barrels (“bbl”) of oil per day (“BOPD”), unless otherwise stated. Key Highlights: 2023 Guidance: Gran...

Results of Comparative LCA Study show Euro Manganese’s Battery-Grade Manganese Products have Lowest Carbon Footprint

Written by Customer Service on December 7, 2022. Posted in Public Companies.

Chart 1 Comparative Summary of Life Cycle Assessment CO2 Emissions for HPEMM & HPMSM Chart 2 Comparative Summary of Global Warming Potential for Ternary Battery Metals VANCOUVER, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) is pleased to announce positive results from a Life Cycle Assessment study comparing the global warming potential (“GWP” or “carbon footprint”) of the Company’s high-purity manganese products from the Chvaletice Project (“Chvaletice” or “the Project” or “CMP”) in the Czech Republic with those produced by the incumbent industry in China – where currently 95% of global high-purity manganese products are processed. Highlights The...

CubeSmart Announces 14.0% Increase in Quarterly Common Dividend

Written by Customer Service on December 7, 2022. Posted in Dividend Reports And Estimates.

MALVERN, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.49 per common share for the period ending December 31, 2022. The dividend is payable on January 17, 2023 to common shareholders of record on January 3, 2023. The quarterly distribution represents an annualized dividend rate of $1.96 per share, an increase of $0.24 per share from the previous annual rate of $1.72 per share. “We continue to execute on our strategy and grow cash flows, allowing us to increase the dividend by 14.0%,” commented President and Chief Executive Officer Christopher P. Marr. “This marks the 13th consecutive annual increase to the dividend, showcasing our consistent commitment to sharing our growth with our shareholders.” About the Company CubeSmart is a self-administered...

Marathon Gold Announces Positive Updated Feasibility Study for the Valentine Gold Project

Written by Customer Service on December 7, 2022. Posted in Public Companies.

3-Pit Mine Delivers 31% increase in Mineral Reserves and 195,000 oz Annual Average Gold Production First 12 Years Figure 1 Annual Average Tonnes Mined (Ore and Waste) by Mineral Deposit Figure 2 Annual Average Mill Feed Contained Metal and Head-Grade TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to report the results of an Updated Feasibility Study (“Updated FS”) for the Valentine Gold Project located in the central region of Newfoundland and Labrador (“Valentine” or the “Project”). This Updated FS presents for the first time a 3-pit mine plan for the Project based on the Marathon, Leprechaun and Berry Deposits, with increased Mineral Reserves, an extended mine life, and a higher gold production profile. The Updated FS incorporates the same conventional...

Day: December 7, 2022

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