Day: December 14, 2022

SCOTTSDALE, Ariz., Dec. 14, 2022 (GLOBE NEWSWIRE) — Adamas One Corp. (NasdaqCM: JEWL) (“Adamas One” or the “Company”), The Original Lab-Grown Diamond Company ™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, today announced the closing of its underwritten initial public offering of 2,450,000 shares of common stock at the public offering price of $4.50 per share for gross proceeds of $11,025,000, before underwriting discounts and commissions and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 367,500 shares of its common stock. The shares began trading on The Nasdaq Capital Market on December 9, 2022 under the ticker symbol “JEWL.” The...

HALIFAX, Nova Scotia, Dec. 14, 2022 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce that it intends to issue, by way of a non-brokered private placement, up to 22,222,222 units of the Company (the “Units”) at a price of $0.27 per Unit (the “Private Placement”), for gross proceeds of up to $6,000,000. Each Unit will consist of one common share and one-half (½) of one common share purchase warrant (each whole warrant, a “Warrant”). Warrants are exercisable by the holder into one common share of the Company within two years of the closing date, at a price of $0.40. Proceeds of the Private Placement will be used to fund exploration, early development works for the Company’s Bayan Khundii Gold Project, and for general working capital purposes. The Private...

EDEN PRAIRIE, Minn., Dec. 14, 2022 (GLOBE NEWSWIRE) — Miromatrix Medical Inc. (NASDAQ: MIRO), a life sciences company pioneering a novel technology for bioengineering fully transplantable organs to help save and improve patients’ lives, today announced that it was informed via e-mail from the U.S. Food and Drug Administration (FDA) that the miroliverELAPtm Investigational New Drug (IND) application for the treatment of acute liver failure has been placed on clinical hold. The miroliverELAP IND application was submitted in mid-November. The FDA indicated they will provide an official clinical hold letter to Miromatrix within 30 days. Miromatrix plans to provide additional updates pending communication with the FDA. About Miromatrix Miromatrix Medical Inc. is a life sciences company pioneering a novel technology for bioengineering...

YUBA CITY, Calif., Dec. 14, 2022 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”), today announced the appointment of Liesl Schmidt as its Executive Vice President and Chief Operations Officer. In her role, Ms. Schmidt will oversee the Bank’s Branch Operations, Information Technology and Human Resource functions. Ms. Schmidt has a diverse background in finance, operational and process improvement, strategy, human resources and employee engagement, as well as risk management with a unique emphasis on Diversity, Equity, and Inclusion. Prior to joining River Valley Community Bank, she was an Executive Vice President, Regional Executive at U.S. Bank, NA where she led a sizable portion of the bank’s team across...

NEW YORK, NY, Dec. 14, 2022 (GLOBE NEWSWIRE) — Golden Arrow Merger Corp. (the “Company”) (NYSE: GAMCU, GAMC, GAMCW), announced today its decision to cancel its special meeting in lieu of its 2022 annual meeting of stockholders that was scheduled for December 16, 2022 and to withdraw from consideration by the stockholders of the Company the proposals set forth in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”) on November 28, 2022. About Golden Arrow Merger Corp. Golden Arrow Merger Corp. is a blank check company formed as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 14, 2022 (GLOBE NEWSWIRE) — Goldshore Resources Inc. (TSXV: GSHR / OTC Markets: GSHRF / FSE: 8X00) (“Goldshore” or the “Company”) is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a best-efforts public offering of securities of the Company (the “Offered Securities”) for aggregate gross proceeds of up to $5,000,000 (the “Offering”) from a combination of:conventional units of the Company (“Conventional Units”) at a price of $0.25 per Conventional Unit. Each Conventional Unit will consist of one common share (each, a “Common Share”) and one-half...

Phoenix, AZ, Dec. 14, 2022 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) sustained its strong rebound in the First Three Quarters of Fiscal 2023 (February 1, 2022, October 31, 2022), with revenues of approximately $5.5 million, up 16% from the prior Fiscal Year First Three Quarters. Total Consolidated Net Income for the First Three Fiscal Quarters increased 87% to approximately $730,000, from the prior year’s First Three Fiscal Quarters of $391,153. The Total Consolidated Net Income for the current Third Fiscal Quarter was $107,995, which is an increase of $275,567, from the prior year Fiscal Third Quarter. Earnings Per Share based on this First Fiscal Three Quarters Consolidated Net Income was $0.04 per share, up $0.09 from the prior First Fiscal Three Quarters of last year of ($0.05), an all-time First Fiscal...

MONTREAL, Dec. 14, 2022 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or the “Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, held its Annual Meeting of Shareholders (the “Meeting”) in person on December 14, 2022. All resolutions were adopted by the shareholders. During the Meeting, Soroush Nazarpour, CEO of the Corporation, shared a presentation on the 5Y Strategic Plan. Such presentation can be found on NanoXplore’s website in the Investors section under Events and Presentation at www.nanoxplore.ca or by clicking here. It can also be found on SEDAR at www.sedar.com. Altogether, 90,420,419 shares (54.61% of outstanding common shares) were accounted for at the Meeting. As part of the formal proceedings, the Corporation’s shareholders elected the Board of Directors and approved the appointment of...

Sale of 29.4% Interest in Hai Long Offshore Wind Project Brings Onboard Strategic Long-term Partner This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated September 7, 2022 to its short form base shelf prospectus dated June 16, 2021 TORONTO, Dec. 14, 2022 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today signed an agreement with Gentari International Renewables Pte. Ltd. (“Gentari”) –who have agreed to acquire 49% of Northland’s ownership interest in the Hai Long offshore wind project (the “Project”) located in Taiwan. Upon closing, the transaction will result in Gentari holding a 29.4% indirect equity interest in the Project. Northland will remain as the single largest shareholder of the Project with 30.6% and will continue to...