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Day: December 9, 2022

Brookfield Reinsurance successfully completes Special Distribution

BROOKFIELD, NEWS, Dec. 09, 2022 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BAMR) (“Brookfield Reinsurance” or the “Company”) today announced that it has completed the previously announced special distribution (the “Special Distribution”) of shares of Brookfield Asset Management Ltd. (the “Manager shares”) to the holders of our Company’s class A exchangeable limited voting shares (“class A exchangeable shares”) and class B limited voting shares. The Special Distribution The Special Distribution was completed by way of a return of capital, resulting in a reduction to the par value of the class A exchangeable shares and class B limited voting shares of our Company in the amount of US$5.481 per share. The Name Change Brookfield Reinsurance also announced today that it has changed its name to “Brookfield Reinsurance Ltd.”...

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ThreeD Capital Inc. Announces Adamas One Corp. Commencement of Trading on the Nasdaq Capital Markets Exchange

TORONTO, Dec. 09, 2022 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that on December 9, 2022, Adamas One Corp. (“Adamas”) commenced trading on the Nasdaq Capital Markets Exchange under the symbol “JEWL”. Adamas is a lab-grown diamond manufacturer that produces near flawless single-crystal diamonds for gemstone and industrial applications, in its facilities in Greenville, South Carolina. The Company holds 36 patents and uses its proprietary chemical vapor deposition (CVD) to grow gem-sized and smaller diamond crystals. Adamas One™ lab-grown diamonds have the same physical, chemical and optical properties as...

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Science 37 Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

RESEARCH TRIANGLE PARK, N.C., Dec. 09, 2022 (GLOBE NEWSWIRE) — Science 37 Holdings, Inc. (Nasdaq: SNCE), the industry-leading Metasite™, today announced the granting of an inducement equity award under the Science 37 Holdings, Inc. 2022 Employment Inducement Incentive Award Plan (the “Plan”). The Plan was approved by Science 37’s Board of Directors in November 2022. In accordance with NASDAQ Listing Rule 5635(c)(4), the award was approved by Science 37’s Compensation Committee and made as a material inducement to the non-executive employee’s entry into employment with the Company. In connection with the commencement of employment, on December 9, 2022 options to purchase an aggregate 10,000 shares of Science 37 common stock at an exercise price of $0.56 per share, which was the closing sales price of Science 37’s...

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Verizon waives usage for customers impacted by the NC Power Outage

Talk/Text/Data usage incurred from Dec 3 – 7 for customers will be waived for those impacted by the North Carolina outage For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Verizon is waiving call/text/data usage incurred for postpaid consumer and small business customers* in North Carolina affected by the long-lasting power outage Customers whose bill cycle has already closed will have overages automatically credited backBASKING RIDGE, N.J., Dec. 09, 2022 (GLOBE NEWSWIRE) — To help residents in North Carolina impacted by the recent long-lasting power outage, Verizon is waiving postpaid call/text/data usage incurred from Dec 3 to Dec 7. This...

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ALLIED COPPER COMPLETES THE ACQUISITION OF VOLT LITHIUM CORP.

Vancouver, British Columbia, Dec. 09, 2022 (GLOBE NEWSWIRE) — Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the “Company” or “Allied Copper”), is pleased to announce that it has completed the previously announced acquisition of 100% of the issued and outstanding shares (“Volt Shares”) of Volt Lithium Corp. (“Volt”), pursuant to a share purchase agreement (the “Agreement”) dated October 31, 2022, among each of the shareholders of Volt (collectively, the “Vendors”) and the Company (the “Acquisition”). Volt holds approximately 400,000 acres of mines and minerals permits in the Rainbow Lake area of Alberta, specifically targeting lithium found in the brines of the Keg River formation. As consideration for the Acquisition, the Company issued 38,880,000 common shares in the capital of Allied Copper (the “Consideration Shares”) to the...

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GobiMin Receives Final Payment from Sale of Gold Project

Toronto, Canada, Dec. 09, 2022 (GLOBE NEWSWIRE) — GobiMin Inc. (“GobiMin” or the “Company”) (TSXV: GMN) is pleased to announce that it has received final payment of RMB50 million (approximately CAD9.7 million) in connection with the disposal of its Sawayaerdun Gold Project (the “Transaction”, as described in the Company’s press releases dated July 14, 2022 and August 17, 2022). The Transaction, consisting of the sale of the 100% indirect equity interest in a GobiMin’s wholly owned subsidiary which owns a 70% indirect equity interest in the company holding the mining licence of the Sawayaerdun Gold Project to Zijin Mining Group Northwest Co., resulted in net proceeds and repayment of loans and related interest to the Company for a total of RMB469.87 million (approximately CAD90.9 million).   About the Company   GobiMin, the shares...

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The Keg Royalties Income Fund announces December 2022 cash distribution

VANCOUVER, British Columbia, Dec. 09, 2022 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its December 2022 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as of December 21, 2022. The December 2022 distribution will be paid on December 30, 2022. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants...

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SportsTek Acquisition Corp. and Metavisio (d/b/a Thomson Computing) Further Extend Exclusivity Period for Discussions With Respect to a Business Combination

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) — SportsTek Acquisition Corp. (Nasdaq: SPTK, SPTKU, and SPTKW), a Delaware corporation (“SportsTek” or the “Company”), announced today that it has extended the exclusivity period under the non-binding letter of intent with Metavisio (d/b/a Thomson Computing) (“Metavisio”), a French company specializing in building, marketing, and selling laptops, whose securities are listed on Euronext Growth in Paris, with respect to a proposed business combination transaction (the “Proposed Transaction”). The Proposed Transaction is based on an enterprise value of Metavisio of USD 140 million to USD 160 million; however, such valuation is subject to due diligence by the Company of Metavisio. The exclusivity period for due diligence and the negotiation of a definitive agreement, as extended, will expire...

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Mobiquity Technologies files Form 10-Q for period ending September 30, 2022 to Regain Compliance

NEW YORK, Dec. 09, 2022 (GLOBE NEWSWIRE) — Mobiquity Technologies, Inc. (Nasdaq: MOBQ) (the “Company”), a leading provider of next-generation data intelligence and advertising technologies, announces that it filed its Form 10-Q for the period ended September 30, 2022. The filing allows the Company to regain compliance with Nasdaq Listing Rule 5250 (c)(1) for continued listing. As previously outlined, the delay was the result of an overstatement of losses for the fiscal years ended December 31, 2020 and 2021. The Company has also filed an amended 10-K/A to correct the overstatement of net losses. About Mobiquity Technologies Mobiquity Technologies, Inc. is a next-generation, Platform-as-a-Service (PaaS) company for data and advertising. The Company maintains one of the largest audience databases available to advertisers and marketers...

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Team, Inc. Announces One-for-Ten Reverse Stock Split

SUGAR LAND, Texas, Dec. 09, 2022 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, today announced that the Board of Directors of the Company (the “Board”) has approved a reverse stock split of the outstanding shares of the Company’s common stock, par value $0.30 per share (the “Common Stock”), at a ratio of one-for-ten (the “Reverse Stock Split”). The Company’s shareholders granted authority to the Board to effect the Reverse Stock Split at the Company’s Special Meeting of Shareholders held on November 2, 2022, as adjourned to November 8, 2022. The Reverse Stock Split is scheduled to take effect at approximately 5:00 p.m. Eastern Time on December 21, 2022 (the “Effective Time”). At the Effective...

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