Year: 2022

VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce the filing of its 2022 Technical Report for the Caraíba Operations, which includes information related to the increase in mineral reserves and mineral resources as previously announced on November 7, 2022. The Technical Report was prepared in accordance with the Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and can be found on the Company’s website (www.erocopper.com) and on SEDAR (www.sedar.com). A copy of the Technical Report will also be filed on EDGAR. ABOUT ERO COPPER CORP Ero Copper Corp is a high-margin, high-growth, clean copper producer with operations in Brazil and corporate headquarters...

TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has entered into an agreement to sell a portfolio of non-core royalties to Metalla Royalty & Streaming Ltd. (“Metalla”) (TSXV:MTA; NYSE American:MTA) for proceeds of USD$5.0 million in Metalla common shares. The portfolio being sold consists of three royalties and one silver stream, all of which are on assets not owned by Alamos. This includes a silver stream on the Esperanza project in Morelos, Mexico which was sold in April 2022, and royalties on the Fenn Gib South, Ronda, and Northshore West exploration stage projects located in Ontario, Canada. As consideration for the portfolio of royalties, Alamos will be receiving 939,355 Metalla common shares, valued at USD$5.0 million, or US$5.3228 per...

NEW YORK, Dec. 22, 2022 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have extended to Mesoblast the availability of up to an additional US$30.0 million of its US$90 million five year facility subject to achieving certain milestones on or before September 30, 2023. Mesoblast drew the first tranche of US$60 million in November 2021. The facility has a three-year interest only period, at a rate of 9.75% per annum, after which time 40% of the principal amortizes over two years and a final payment due November 2026. In consideration for the milestone extension period, Oaktree will receive warrants to purchase 455,000 American Depositary Shares (ADSs)1 at US$3.70...

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) — Cartier Silver Corporation (CSE:CFE) (“Cartier Silver” or the “Company”) is pleased to announce that it is has closed the final tranche of a previously announced (see Cartier Silver news releases dated November 22, 2022, December 15, 2022 and December 16, 2022) non-brokered private placement (the “Private Placement”) for additional proceeds of $999,500 pursuant to the offering of 10,000,000 units of Cartier Silver at a price of $0.40 per unit (“Units”) for aggregate gross proceeds of $4,000,000. A total of 2,498,750 Units were issued to investors in connection with the final closing of the Private Placement. Each of the 2,498,750 Units issued consists of one common share in the...

CHIHUAHUA, Mexico, Dec. 22, 2022 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC* or “the Company”), a leading producer of cement and concrete in the United States and Mexico, announces that the rating agency Fitch Ratings has affirmed the company’s credit rating at BBB- company, revising the outlook from stable to positive. The positive outlook reflects GCC’s prospects to continue to strengthen its financial and business position, while maintaining a solid capital structure. Today’s revision also reflects Fitch’s expectations that GCC will continue its strong free cash flow generation, which should help to fund its inorganic growth strategy, without significantly affecting leverage levels. Fitch’s report cites 4 major drivers in GCC’s outlook update, including:Strong leadership positions in the United States and Mexico Resilience...

VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) (the “Company”) is pleased to announce that it has closed the first tranche of the previously announced private placement pursuant to the convertible security funding agreement (the “Agreement”) with Lind Global Fund II LP, an entity managed by The Lind Partners, LLC, a New York-based institutional fund manager (together, “Lind”) for net proceeds of US$4,133,125 after deduction of the original issue discount and closing fee (the “First Tranche”). Pursuant to the First Tranche, the Company has issued: (i) a convertible security (the “Initial Convertible Security”) with a two-year term and a face value of US$5,100,000; and (ii) 8,247,129 common share purchase warrants (the “Warrants”) exercisable into common...

TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. (TSXV: GCOM), (“Green Shift” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement financing of units (the “Units”) of the Company at a price of $0.15 per Unit (the “Issue Price”), for gross proceeds of $2,307,055.65 (the “Offering”). The Company issued an aggregate of 15,380,371 Units with each Unit consisting of one common share in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.25 until December 22, 2024. Trumbull Fisher, CEO and Director of Green Shift commented, “With the completion of this financing, we are entering 2023 in a stronger financial...

Wood Dale, Illinois, Dec. 22, 2022 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, recently entered into a $620 million unsecured revolving credit facility. The credit facility is a $20 million increase from the prior facility and extends the maturity of the agreement from September 2024 to December 2027. “We are pleased to have both increased and extended our unsecured revolving credit facility, which recognizes the strength of our credit profile and provides us with significant liquidity and certainty,” said Dylan Wolin, Vice President, Strategic & Corporate Development and Treasurer of AAR CORP. “We would like to thank our lenders for their continued support.” Additional detail can be found in the Credit Agreement filed with AAR’s...