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Year: 2022

Northrop Grumman and the US Air Force Introduce the B-21 Raider, the World’s First Sixth-Generation Aircraft

Northrop Grumman and the U.S. Air Force introduce the B-21 Raider, the world’s first sixth-generation aircraft. Credit: Northrop GrummanPALMDALE, Calif., Dec. 02, 2022 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) and the U.S. Air Force unveiled the B-21 Raider to the world today. The B-21 joins the nuclear triad as a visible and flexible deterrent designed for the U.S. Air Force to meet its most complex missions. “The Northrop Grumman team develops and delivers technology that advances science, looks into the future and brings it to the here and now,” said Kathy Warden, chair, chief executive officer and president, Northrop Grumman. “The B-21 Raider defines a new era in technology and strengthens America’s role of delivering peace through deterrence.” The B-21 Raider forms the backbone of the future for U.S. air...

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Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at November 30, 2022

HOUSTON, Dec. 02, 2022 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of November 30, 2022. As of November 30, 2022, the Fund’s net assets were $463.6 million and its net asset value per share was $9.82. As of November 30, 2022, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 731% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 481%.     Kayne Anderson NextGen Energy & Infrastructure, Inc.Statement of Assets and LiabilitiesNovember 30,...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at November 30, 2022

HOUSTON, Dec. 02, 2022 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of November 30, 2022. As of November 30, 2022, the Company’s net assets were $1.4 billion, and its net asset value per share was $10.64. As of November 30, 2022, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 602% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 443%.Kayne Anderson Energy Infrastructure Fund, Inc.Statement of Assets and LiabilitiesNovember 30, 2022(Unaudited)    (in...

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Bright Minds Biosciences Announces Closing of Non-Brokered Private Placement

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Dec. 02, 2022 (GLOBE NEWSWIRE) — Bright Minds Biosciences Inc. (CSE:DRUG) (NASDAQ:DRUG) (“Bright Minds” or the “Company”) is pleased to announce that, further to its news release on November 28, 2022, it has closed a non-brokered private placement of (i) 666,000 pre-funded warrants of the Company (“PFWs”) at a price of $1.249 per PFW (the “PFW Offering”), and (ii) 974,000 units of the Company (“Units”) at a price of $1.25 per Unit (the “Unit Offering”), for aggregate gross proceeds of $2,049,334. Each PFW is exercisable into one Unit at an exercise price of $0.001 per Unit on the date that is the earlier of (a) the date the...

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CORRECTING and REPLACING – Canadian Spirit Resources Inc. Announces Third Quarter 2022 Financial Results

CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) — In a release issued on November 29, 2022 by Canadian Spirit Resources Inc. (TSXV:SPI) (OTCBB:CSPUF) under the same headline, please note that in the “STOCK OPTION GRANT” section, the price of $0.825 per share should have read $0.0825 per share. There have been no additional amendments to the prior release in this corrected release. The corrected release follows: Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”) for the three and nine month periods ended September 30, 2022. Third Quarter 2022 This news release summarizes information contained in the unaudited interim financial statements and MD&A for the three and nine...

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Molecular Templates, Inc. to Present Interim Results on MT-5111 at the 45th Annual San Antonio Breast Cancer Symposium (SABCS) and Participate at the 64th American Society of Hematology (ASH) Annual Meeting

AUSTIN, Texas, Dec. 02, 2022 (GLOBE NEWSWIRE) — Molecular Templates, Inc. (Nasdaq: MTEM, “Molecular Templates,” or “MTEM”), a clinical-stage biopharmaceutical company focused on the discovery and development of proprietary targeted biologic therapeutics, engineered toxin bodies (ETBs), today announced that they will present a poster on interim clinical results for the MT-5111 program at the San Antonio Breast Cancer Symposium (SABCS) which will take place December 6 – December 10, 2022 at the Henry B. Gonzalez Convention Center in San Antonio, TX. Molecular Templates will also participate in one-on-one meetings at the 64th American Society of Hematology (ASH) Annual Meeting which will take place December 10 – December 13, 2022 at the Ernest N. Morial Convention Center in New Orleans, LA. In-person and virtual meetings may be scheduled...

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Friedman Industries, Incorporated Announces Second Quarter Results and Provides Near-term Outlook

LONGVIEW, Texas, Dec. 02, 2022 (GLOBE NEWSWIRE) — The Company announced today its results of operations for the fiscal second quarter. For the quarter ended September 30, 2022 (the “2022 quarter”), the Company recorded net earnings of $2,470,908 ($0.34 diluted earnings per share) on sales of $149,692,409 compared to net earnings of $13,177,614 ($1.91 diluted earnings per share) on sales of $92,570,895 for the quarter ended September 30, 2021 (the “2021 quarter”). The 2022 quarter was a period of considerable margin compression associated with declining hot-rolled coil (“HRC”) prices throughout the quarter. Prior to the quarter, HRC prices experienced a significant and abrupt increase in reaction to the Russian invasion of Ukraine. HRC prices increased approximately 60% from the beginning of March 2022 to the end of April 2022 and...

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Power Solutions International Announces Extension to $50 Million Shareholder Loan Agreement With Weichai America

WOOD DALE, Ill., Dec. 02, 2022 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that it amended and restated its $50 million shareholder’s loan agreement with its majority stockholder, Weichai America Corp. (“Weichai”), dated as of November 29, 2022 (the “Third Shareholder’s Loan Agreement”), to extend the loan maturity date to November 30, 2023. The $50 million loan under the Third Shareholder’s Loan Agreement has been fully drawn as of the date of this report and is subordinated in all respects to the Company’s existing $130 million senior secured revolving credit facility with Standard Chartered Bank (all of which has been fully borrowed as of December 2, 2022). Borrowings...

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Parex Resources to Hold Investor Presentation in Bogotá, Colombia

CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogotá, Colombia. The presentation will focus on the Company’s strategy, operations, and future opportunities in Colombia. Parex presenters will include:Imad Mohsen – President & Chief Executive Officer Daniel Ferreiro – President & Country Manager Ken Pinsky – Chief Financial Officer Eric Furlan – Chief Operating Officer Mike Kruchten – Senior Vice President, Capital Markets & Corporate Planning Katie Bernard – Vice President, New Ventures Ian Zapfe-Smith – Vice President, ExplorationThe presentation will be available via webcast. To participate in the webcast, please use the following link. About Parex...

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Athene Holding Ltd. Declares Fourth Quarter 2022 Preferred Stock Dividends

HAMILTON, Bermuda, Dec. 02, 2022 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”) announced that it has declared the following preferred stock dividends on its non-cumulative preference shares (represented by depositary shares, each representing a 1/1,000th interest in a preference share), payable on December 30, 2022 to holders of record as of December 15, 2022.Quarterly dividend of $396.875 per share on the company’s 6.35% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares, Series A (the “Series A Preference Shares”); holders of depositary shares will receive $0.396875 per depositary share. Quarterly dividend of $351.5625 per share on the company’s 5.625% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series B (the “Series B Preference Shares”); holders of depositary shares will receive $0.3515625 per...

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