Year: 2022

Doré Copper Announces Update on the Joe Mann Option Agreement

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

Land tenure of the Joe Mann Property Land tenure of the Joe Mann PropertyTORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — Doré Copper Mining Corp. (the “Company” or “Doré Copper“) (TSXV: DCMC; OTCQX: DRCMF; FRA: DCM) is pleased to announce that it has entered into an agreement (the “Amending Agreement“) on October 28, 2022 to amend the earn-in option agreement (the “Option Agreement“) dated January 2, 2020 between the Company and Ressources Jessie Inc. (“Ressources Jessie“) pursuant to which the Company has an option to acquire the Joe Mann Property (the “Property“) from Ressources Jessie, as previously announced on January 2, 2020. The Joe Mann mine, located 60 kilometers south of Chibougamau, Quebec, produced 1.12 million ounces of gold at an average grade of...

Helium Market to Touch Valuation of $6.59 Billion By 2028 | Price Volatility and Shortage to Remain a Key Challenges | SkyQuest Technology

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

Global helium market was valued at USD 4.67 billion in 2021, and it is expected to reach a value of USD 6.59 billion by 2028, at a CAGR of more than 5% over the forecast period (2022–2028). Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — Helium is one of the rarest elements on earth. The demand for helium has prompted helium production companies to explore new sources of helium, including extracting helium from gas fields. Helium production companies are also looking into a new way to produce helium: by using nuclear fusion. If this method can be perfected, it could revolutionize the industry and create a lot more jobs. Helium has traditionally been utilized by researchers and scientists as a safe, inert gas that does not react with other elements in the global helium market. However, there is growing demand for helium for use...

Luxury Goods Market to Worth $443.37 Billion By 2028 | Top 5 Companies Generate Around 49% Revenue | SkyQuest Technology

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

Global luxury goods market was valued at USD 291 billion in 2021, and it is expected to reach a value of USD 443.37 billion by 2028, at a CAGR of 6.2% over the forecast period (2022–2028). Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — Amidst the global economic slowdown, luxury goods market sales are predicted to grow steadily in the years to come. A number of reasons account for this growth. First, many of these products represent a status symbol – items that indicate one’s wealth and social standing. Accordingly, there is an increasing trend among consumers to focus on enhancing their personal appearance and improve their overall lifestyle. Second, many people continue to feel anxious about the current economic situation and see luxury goods as a way to invest in themselves and feel wealthier in the long term. Last but...

First Community Bankshares, Inc. to Enhance its Small Business Expertise Pending Merger with Surrey Bancorp

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

BLUEFIELD, Va., Nov. 18, 2022 (GLOBE NEWSWIRE) — Bluefield, VA-based First Community Bankshares, Inc. (“First Community”) (NASDAQ: FCBC), parent company of First Community Bank, and Mount Airy, NC-based Surrey Bancorp (“Surrey”) (OTCPK: SRYB), parent company of Surrey Bank & Trust, jointly announced today their entry into an agreement and plan of merger pursuant to which First Community will acquire Surrey and its wholly owned bank subsidiary, Surrey Bank & Trust. As of September 30, 2022, Surrey Bank & Trust had total assets of approximately $500 million. Upon completion of the transaction, First Community is expected to have total consolidated assets in excess of $3.6 billion with branch locations in four states. This combination will bring together two high-performing community banks that have historically produced...

Safe-T Group: NetNut Launches its New Mobile IP Proxy Network with Sales to First Three Customers

Written by Customer Service on November 18, 2022. Posted in Public Companies.

HERZLIYA, Israel, Nov. 18, 2022 (GLOBE NEWSWIRE) — Safe-T Group Ltd. (NASDAQ: SFET) (TASE: SFET) (“Safe-T” or the “Company”), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that its wholly owned subsidiary and enterprise privacy unit, NetNut Ltd. (“NetNut”), has expanded its product range with its latest Mobile IP Proxy Network. NetNut has won its three first customers that have started using the new Mobile IP Proxy Network. “We are proud to announce our expansion to the mobile enterprise privacy sector,” said Shachar Daniel, Chief Executive Officer of Safe-T. “the launch of our mobile IP proxy network follows a series of cutting-edge products that we lunched this year. The growing demand for our solutions is supporting our overall continued growth, and we anticipate that...

Venus Concept Announces Completion of $6.72 Million Private Placement Financing

Written by Customer Service on November 18, 2022. Posted in Public Companies.

TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, today announced that it has completed a non-brokered private placement (the “Private Placement”) of convertible preferred stock (the “Preferred Shares”) and common stock (the “Common Shares”) of the Company. Pursuant to the Private Placement, an aggregate of 3,185,000 Preferred Shares and 1,750,000 Common Shares were issued, resulting in aggregate gross proceeds to the Company of $6.72 million before offering expenses, which will be used for working capital and general corporate purposes. The Common Shares were issued at a price of $0.20 per share, and the Preferred Shares were issued at $2.00 per share. Each Preferred Share is convertible into 10 Common Shares (i) at the...

AMMO, Inc. Announces Preferred Stock Dividend

Written by Customer Service on November 18, 2022. Posted in Public Companies.

SCOTTSDALE, Ariz., Nov. 18, 2022 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that the holders of record of the Company’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (the “Series A Preferred Stock”) as of the close of business on November 30, 2022 will receive a cash dividend equal to $ 0.5529514 per Series A Preferred Stock share. The cash dividend will be paid on December 15, 2022. About AMMO, Inc. With its corporate offices headquartered in Scottsdale, Arizona, AMMO designs and manufactures products for a variety of aptitudes, including law enforcement, military,...

Medigus Announces Cash Capital Distribution of $1.6 Million

Written by Customer Service on November 18, 2022. Posted in Public Companies.

The Company will provide an update regarding the distribution date Tel Aviv, Israel, Nov. 18, 2022 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that on November 13, 2022, the Tel Aviv District Court Economic Department approved the Company’s motion for the approval of a cash capital distribution of up to $1.6 million. The approval by the Israeli court is in effect for 180 days. Following the approval of the Israeli court, Medigus’ board of directors resolved on November 17, 2022 to make a cash capital distribution of $1.6 million which will be paid to the holders of the Company’s ADSs and eligible warrant holders in proportion to their respective holdings. A separate announcement...

CORRECTION — LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2022

Written by Customer Service on November 18, 2022. Posted in Earnings Releases And Operating Results.

TAMPA, Fla., Nov. 18, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by LM Funding America, Inc. (NASDAQ:LMFA), please note the Investor Conference Call date should read “November 18th, 2022” rather than “November 21, 2022” as originally stated. The corrected release follows: LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2022 Expected to Have Approximately 2,700 Miners Mining by Year’s End, Up From 848 Machines as of September 30, 2022 Reports working capital of $15.5 million and stockholders’ equity of $62.2 million ($4.75 per share) as of September 30, 2022 Conference Call to Be Held Today at 11:00 am ET LM Funding America, Inc. (NASDAQ:LMFA) (“LM Funding” or the “Company”), a cryptocurrency...

gammaCore Sapphire™ Non-Invasive Vagus Nerve Stimulator (nVNS) Receives Unique National Product Code Number by the Belgian Pharmaceutical Association

Written by Customer Service on November 18, 2022. Posted in Public Companies.

ROCKAWAY, N.J., Nov. 18, 2022 (GLOBE NEWSWIRE) — electroCore, Inc. (the “Company”), (NASDAQ: ECOR), a commercial-stage bioelectronic medicine company, today announced that gammaCore Sapphire has been issued a National Code Number (CNK) in Belgium. CNK numbers are unique product code identifiers allocated by the Belgian Pharmaceutical Association (APB) for products and medicines commercially available from pharmacies throughout Belgium and enables product recognition throughout the pharmaceutical network. “This positive news will allow us to provide patients with a convenient way to easily access gammaCore at their local pharmacy,” mentioned Iain Strickland, Senior Vice President Global Sales and Strategy at electroCore. “We have taken a big step forward in making our therapy more widely available throughout Europe. The publication...

Year: 2022

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