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Year: 2022

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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Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2022 Results

PHOENIX, Dec. 29, 2022 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and fiscal full-year 2022 financial and operating results. Fiscal Fourth Quarter Update:Total operating revenues of $125.6 million Pre-tax loss of $148.6 million, net loss of $115.6 million or $(3.18) per diluted share Adjusted net loss1 of $13.5 million or $(0.37) per diluted share Adjusted net loss excludes a $132.3 million non-cash (pre-tax) impairment loss related to the CRJ fleet New industry-leading pilot pay agreement effective September 15th Agreed to sell 18 CRJ-550s to United Airlines, 10 of which closed during the quarter Launched the Mesa Pilot Development (“MPD”) Program Negotiated a new two-year flight attendant agreement Subsequent to quarter end:Initiated and concluded wind-down agreement with American...

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Results of Operations for the Three Months Ended September 30, 2022 – American Overseas Group Limited Announces Net Loss Of $0.4 Million and Operating Loss of $0.4 Million For the Three Months Ended September 30, 2022

HAMILTON, Bermuda, Dec. 29, 2022 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net loss available to common shareholders of $0.4 million, or $9.40 per diluted share, for the three months ended September 30, 2022. This compares to consolidated net loss available to common shareholders of $1.8 million, or $37.38 per diluted share, for the three months ended September 30, 2021. Book value per weighted share at September 30, 2022 was $780.66, a decline from the book value per weighted share of $959.06 at September 30, 2021. For the three months ended September 30, 2022, the Company had an operating loss of $0.4 million, or $9.40 per diluted share, compared to operating loss of $1.8 million, or $37.68 per diluted share for the three months...

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Chibougamau Independent Mines Completes “Flow-Through” Financing

ROUYN-NORANDA, Quebec, Dec. 29, 2022 (GLOBE NEWSWIRE) — Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US) is pleased to announce that it has completed its previously-announced “flow-through” private placement by issuing 2,168,966 “flow-through” shares at a price of $0.145 per share for proceeds of $314,500. Chibougamau will use the proceeds from the private placement for exploration on its properties in the Chibougamau area of Québec. At closing, Chibougamau also issued 120,000 common shares in payment of finder’s fees. Chibougamau also announces that it held a first closing of a private placement of common shares at $0.10 per share by issuing 3,450,000 shares for proceeds of $345,000. Chibougamau will use the proceeds from...

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NFI completes amendments to its credit facilities

All amounts shown in this press release are in U.S. dollars unless otherwise indicated. WINNIPEG, Manitoba, Dec. 29, 2022 (GLOBE NEWSWIRE) — December 29, 2022: (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it has completed the amendments to the Company’s existing senior revolving credit facility (the “Revolver”) and its revolving UK credit facility (the “UK Facility” and collectively with the Revolver, the “Facilities”) referred to in the Company’s news release of December 23, 2022.   Details are as follows:Amendments provide relief from previous key financial covenants (Total Leverage Ratio1 (“TLR”), Minimum Adjusted EBITDA2 and Interest Coverage Ratio3 (“ICR”)) for the fourth...

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IQST – iQSTEL Announces Annual Meeting and Previews $105 Million 2023 Forecast

New York, NY, Dec. 29, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST), today released a letter to shareholders from CEO Leandro Iglesias in conjunction with announcing an annual shareholder meeting scheduled for January 31, 2023, at 11 am (EDT). The letter, included in its entirety below, discusses the company’s $105 million 2023 revenue forecast, plans to further increase profitability after posting its first profits in Q3 2022, and the latest progress toward the company’s intended Nasdaq up-listing. In advance of the annual shareholder meeting, the company has filed a Definitive Proxy Statement (https://www.sec.gov/Archives/edgar/data/1527702/000166357722000721/iqst_def14c.htm) for shareholders to elect directors and ratify the company’s independent registered public accounting firm. The Proxy also facilitates the introduction...

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