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Day: December 29, 2022

PHP Ventures Acquisition Corp. Announces Postponement of Special Meeting of Shareholders to December 30, 2022.

Miami Beach, FL, Dec. 29, 2022 (GLOBE NEWSWIRE) — PHP Ventures Acquisition Corp. (the “Company”) (Nasdaq: PPHP, PPHPR, PPHPU, PPHPW), a special purpose acquisition company, today announced that it has postponed the Special Meeting of Shareholders scheduled to occur on December 28, 2022 (the “Special Meeting”) until December 30, 2022. On December 15, 2022, the Company filed a Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) and a Revised Definitive Proxy Statement with the Securities and Exchange Commission (the “SEC”) with respect to the Special Meeting to vote on, among other things, a proposal to amend the Company’s Amended and Restated Certificate of Incorporation (the “Charter”) to extend the date by which the Company must consummate a business combination...

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Lee Enterprises Receives Notification from Nasdaq Related to Delayed Annual Report on Form 10-K

DAVENPORT, Iowa, Dec. 29, 2022 (GLOBE NEWSWIRE) — Lee Enterprises, Incorporated (NASDAQ: LEE), a digital-first subscription platform providing high quality, trusted, local news, information and a major platform for advertising in 77 markets, has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of the Company’s delay in filing its Annual Report on Form 10-K for the fiscal year ended September 25, 2022 (the “2022 Form 10-K”) within the prescribed time period, the Company is not in compliance with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1). This notification has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market. Lee must submit to Nasdaq a plan...

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Barnwell Industries, Inc. Reports Year-End and Fourth Quarter Results and Entry into a Permian Basin Oil Investment

HONOLULU, Dec. 29, 2022 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported net earnings of $5,513,000, $0.57 per share, for the year ended September 30, 2022, as compared to net earnings of $6,253,000, $0.73 per share, for the year ended September 30, 2021. For the quarter ended September 30, 2022, Barnwell reported a net loss of $143,000, $0.01 per share, as compared to net earnings of $1,547,000, $0.16 per share, for the quarter ended September 30, 2021. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “We are pleased to report that our oil and natural gas revenues more than doubled for fiscal 2022, as compared to the prior year. This was due to higher prices and production for all products, with oil, natural gas, and natural gas liquids prices increasing 68%, 77%, and 51%,...

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UpHealth Announces Third Quarter 2022 Financial Results

Third Quarter Revenues of $38.7 million; Gross Margin of 48%; Adjusted EBITDA of $(1.2) millionRevenues for the Nine-Month Period of $118.3 million, Gross Margin of 48%; Adjusted EBITDA of $1.4 millionResults reflect the deconsolidation of Glocal as of July 2022 due to ongoing control issues and legal proceedingsOver 60% of Transformation Initiatives Completed to Date; Company Continues to Add New LeadershipCompleted Previously Announced $67.5 million Convertible Debt Financing DELRAY BEACH, Fla., Dec. 29, 2022 (GLOBE NEWSWIRE) — UpHealth, Inc. (“UpHealth” or the “Company”) (NYSE: UPH), a global digital health company delivering technology platforms, infrastructure, and services to modernize care delivery and health management, today announced financial results for the third quarter ended September 30, 2022. UpHealth Chief Executive...

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Nevada Copper Receives US$20 Million from Closing of Second Tranche of Restart Financing Package and Provides Update

YERINGTON, Nev., Dec. 29, 2022 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is pleased to announce that the second tranche of funding of an aggregate of US$20 million provided by Mercuria Energy (“Mercuria”) and Triple Flag Precious Metals Corp. (“Triple Flag”) has been released from escrow to Nevada Copper as part of the Company’s restart financing package (the “Restart Financing Package”), the first tranche of which closed on October 28, 2022. In exchange for its US$10 million portion of the second tranche of funding, Mercuria received 63,411,540 common shares of the Company. The US$10 million portion of the second tranche of funding provided by Triple Flag resulted in the completion of the increase of its existing net smelter returns royalty on the Company’s open pit...

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Ninepoint Partners Announces Final December 2022 Cash and Annual Notional Distributions for ETF Series Securities

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final December 2022 cash and annual notional capital gains distributions for its ETF Series securities. The record date for the distributions is December 29, 2022 for Ninepoint High Interest Savings Fund and December 30, 2022 for Ninepoint Alternative Credit Opportunities Fund, Ninepoint Energy Fund, Ninepoint Energy Income Fund and Ninepoint Target Income Fund. All distributions are payable on January 9, 2023. For the annual notional capital gains distributions, these will be reinvested in additional units of the respective ETF Series securities and do not include any cash distribution amounts for December. The additional units will be immediately consolidated so that the number of units outstanding following the distribution...

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Imperial Mining Announces Closing of an Additional $300,000 Private Placement of Flow-Through Shares

MONTREAL, Dec. 29, 2022 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to announce that it has closed today a non-brokered private placement (“Offering”) of 2,000,000 shares on a “flow-through” basis at a price of $0.15 per share (each, a “Share”) for gross proceeds of $300,000. “I am very thankful of the continued financial support we have received from WCPD to advance the development of the Crater Lake scandium-rare earth project,” said Imperial President & CEO, Peter Cashin. “This financing added important, new high-net worth international investors into the Imperial Mining fold. I believe that our successful financings and continued application for Quebec and Canadian Government-sponsored R&D grants shows recognition of the potential that scandium has as a significant...

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Brookline Bancorp, Inc. Announces Receipt of Regulatory Approvals for the Acquisition of PCSB Financial Corporation

BOSTON, Dec. 29, 2022 (GLOBE NEWSWIRE) — Brookline Bancorp, Inc. (NASDAQ: BRKL) (“Brookline”) today announced that it has received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, New York State Department of Financial Services and Massachusetts Board of Bank Incorporation necessary to complete its acquisition of PCSB Financial Corporation (NASDAQ: PCSB) (“PCSB”). Brookline and PCSB anticipate closing the transaction on January 1, 2023, subject to the satisfaction of customary closing conditions.  ABOUT BROOKLINE BANCORP, INC. Brookline Bancorp, Inc., a bank holding company with approximately $8.7 billion in assets and branch locations in eastern Massachusetts and Rhode Island, is headquartered in Boston, Massachusetts and operates as the holding company for Brookline Bank and Bank Rhode...

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Disc Medicine Announces Completion of Merger with Gemini Therapeutics

The combined company will operate as Disc Medicine and will trade on the Nasdaq Global Market under the ticker symbol “IRON” Approximately $175 million of cash and cash equivalents to provide operating runway into 2025WATERTOWN, Mass., Dec. 29, 2022 (GLOBE NEWSWIRE) — Disc Medicine, Inc. (“Disc”), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases, announced today that its previously-announced merger with Gemini Therapeutics, Inc. (“Gemini”) closed on December 29, 2022, following the approval of Gemini shareholders. The combined company, focused on advancing Disc’s pipeline of hematology programs, will operate under the name Disc Medicine, Inc. and its shares will commence trading on a 1-10 reverse...

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Ring Energy Announces Issuance of 2022 Sustainability Report

THE WOODLANDS, Texas, Dec. 29, 2022 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that it has issued its 2022 Sustainability Report, which is available on the Company’s website at www.ringenergy.com under the “Sustainability” tab. The report provides comprehensive information about Ring’s Environmental, Social and Governance (“ESG”) initiatives and related key performance indicators. In the creation of the document, the Company primarily consulted the Sustainability Accounting Standards Board’s (“SASB”) Oil and Gas Exploration and Production Sustainability Accounting Standard, as well as considered the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”), the Sustainable Development Goals (“SDGs”) promulgated by the United Nations, and other reporting...

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