Year: 2022

Brief argues SEC’s denial of Grayscale’s conversion of Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was arbitrary, capricious, and discriminatory STAMFORD, Conn., Oct. 11, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Grayscale Investments please note that in the seventh paragraph of the release, it should read “850,000”, not “850,000 million” as previously stated. The corrected release follows: Grayscale Investments®, the world’s largest digital currency asset manager, today filed its opening legal brief in the U.S. Court of Appeals for the District of Columbia Circuit challenging the decision by the Securities and Exchange Commission’s (“SEC” or “the Commission”) to deny conversion of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) to a spot Bitcoin ETF*. The opening...

RANCHO SANTA MARGARITA, CA, Oct. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Power Americas Resource Group Ltd. (the “Company” or “PARG”) (OTCMarkets: PARG), a publicly traded, fully reporting emerging growth company, is pleased to that it has recently acquired various assets relating to 3D/4D printing technology for use in the home construction industry. Additionally, the Company has appointed new officers and directors with the sole goal of rapidly implementing its new business model. On September 9, 2022, the Company acquired specific assets relating to 3D/4D printing from an individual.  A few days later, Mark Croskery was appointed as the Company’s new Chief Executive Officer, Chief Financial Officer, Treasurer, and Director. Mr. Croskery has a wealth of experience in the financial industry while other recent appointments...

Not for distribution to U.S. news wire services or for dissemination in the United States Toronto, Ontario, Oct. 11, 2022 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSXV: XX) (OTC: ALXXF) (“Avante” or the “Company”) announces the grant of stock options to certain directors of the Company for the purchase of up to 200,000 common shares of Avante, effective as of today. Daniel Argiros and Wade Burton, each of whom are directors of the Company, have been granted options to acquire 100,000 common shares of the Company, subject to the terms and conditions of the Company’s 10% rolling stock option plan. The options granted to each of Mr. Argiros and Mr. Burton will have an exercise price of $0.77 per share, and will be fully vested immediately upon grant. All of the options granted to each of Mr. Argiros and Mr. Burton have a term of five...

Brief argues SEC’s denial of Grayscale’s conversion of Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was arbitrary, capricious, and discriminatory STAMFORD, Conn., Oct. 11, 2022 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, today filed its opening legal brief in the U.S. Court of Appeals for the District of Columbia Circuit challenging the decision by the Securities and Exchange Commission’s (“SEC” or “the Commission”) to deny conversion of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) to a spot Bitcoin ETF*. The opening brief explains the legal basis for Grayscale’s arguments. On June 29, 2022, the SEC denied Grayscale’s application to convert GBTC to a spot ETF. The same day, Grayscale Senior Legal Strategist, former U.S. Solicitor General, and partner at Munger, Tolles &...

FLORIANÓPOLIS, Brazil, Oct. 11, 2022 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru” or the “Company”) today announced that the record date for determining shareholders that will be issued subscription rights pursuant to its proposed rights offering will be October 21, 2022. The final terms of any potential offering of common shares and rights, including the specific terms, remain subject to change and will be determined at the time of such offering. The proposed rights offering would be made pursuant to Vitru’s effective shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on October 25, 2021 and only by means of a prospectus supplement and accompanying prospectus. This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe...

TORONTO, Oct. 11, 2022 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that the Company’s board of directors has declared a cash dividend of $0.0718 per Series A Preferred Shares (the “Preferred Shares”), payable on October 15, 2022, to holders of record of Preferred Shares as at September 30, 2022. The Dividend represents the dividend payable on the Preferred Shares for the period from June 28, 2022 to September 30, 2022. This dividend is designated by the Company to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents. The declaration and payment...

LANCASTER, Pa., Oct. 11, 2022 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions in the Americas, will release its third-quarter 2022 results before the market opens on Tuesday, Oct. 25 and host a conference call to discuss these results at 10:00 a.m. ET. A live webcast of the conference call and the accompanying presentation will be available on the Investor Relations page at ArmstrongWorldIndustries.com. Attendees who will not be asking a question during the call are encouraged to listen to the live webcast rather than registering and dialing in. Those wishing to participate by telephone must register prior to the event using the registration link below. All registrants will receive personal dial-in information and a PIN allowing them...

SHERMAN OAKS, CA, Oct. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Petroteq Energy Inc. (“Petroteq” or the “Company“) (TSXV:PQE; OTC PINK:PQEFF; FSE:PQCF), an oil company focused on the development and implementation of its proprietary oil sands extraction and remediation technologies, is pleased to announce its intention to increase the size of its previously announced non-brokered private placement (the “Private Placement”) of units (each, a “Unit”), from C$80,000 to C$120,000. The Company has also amended the terms of the Warrants (as defined herein) issuable in connection with the Private Placement, with the Warrants now expiring 24 months following the closing of the Private Placement at an exercise price of $0.05. Each Unit will be comprised of one common share in the capital of the Company (each,...

CALGARY, ALBERTA, Oct. 11, 2022 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) is pleased to announce the following drilling program update: In late August of 2022 Marksmen commenced a three well development drilling program in Pickaway County, Ohio in the Cambrian Knox formation. As of October 7, 2022, the three wells have been drilled to total depth and each well has been acidized and swab tested. With each swab pull there were excellent oil shows to the surface tanks/pits. The preliminary results are analogous with Marksmen’s best well, Davis Holbrook #1 (“DH1”) drilled in July of 2016, in the same formation and depth. The DH1 well, for comparison, produced over 26,000 barrels (“bbls”) of light sweet Pennsylvania crude or 75 bbls per day in its first year of operations with a payout in less...