Day: January 11, 2023

Tearlach Announces Acquisition of Strategic Property Extension to The Final Frontier Project in Ontario

Written by Customer Service on January 11, 2023. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Jan. 11, 2023 (GLOBE NEWSWIRE) — Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF) (FRANKFURT: V44) (“Tearlach” or the “Company”) is pleased to announce the acquisition of the Pakwan Extension claim block which is positioned contiguous with Frontier Lithium Inc. claim block. Acquisition Highlights – Technical:The Pakwan Extension claims have two mica granite to the north, west and south within 100 – 800 metres of claim boundaries; the western two mica granite is the same one that hosts the PAK deposit The metasediments are the same distance (1.0-1.5 km) from the muscovite-bearing granite that hosts the PAK deposits as Frontier’s Spark and Bolt deposits Consists of 23 cell claims and 452 hectares.Morgan Lekstrom, CEO of Tearlach stated, “This is another piece of the puzzle in...

Kona Gold Beverage, Inc Signs Distribution Agreement with J&K Distribution in San Francisco

Written by Customer Service on January 11, 2023. Posted in Public Companies.

Melbourne, FL, Jan. 11, 2023 (GLOBE NEWSWIRE) — Kona Gold Beverage, Inc. (OTC: KGKG), a holding company focused on product development in the better-for-you and functional beverage sector is pleased to announce it has signed a distribution agreement with San Francisco based distributor, J&K Distribution. J&K Distribution will distribute the Company’s 16oz non-sparkling and 12oz sparkling Ooh La Lemin Lemonades in Santa Clara and San Mateo counties in California. J&K Distribution is the second distribution partner in California that Kona Gold has signed in the last four months. J&K Distribution is a food and beverage distributor serving Northern California for the last 6 years. They have expanded to include many beverages and currently serve the entire Bay Area corner stores and chain stores such as Save...

Fazoli’s to Make Debut in Puerto Rico with New Area Development Deal

Written by Customer Service on January 11, 2023. Posted in Public Companies.

America’s Largest Premium QSR Italian Chain to Open First Location in 2023 LOS ANGELES, Jan. 11, 2023 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc parent company of Fazoli’s, and 16 other restaurant concepts, announces a new development agreement in partnership with franchisee Jorge Rodriguez Lockwood to bring five Fazoli’s locations to Puerto Rico over the next six years with the first opening expected in late 2023. “The demand for high-quality, quick-service concepts in Puerto Rico only continues to grow so we anticipate a strong reception for Fazoli’s when we make our official debut on the island,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “This development deal is also significant as it serves as a strong foundation for growing Fazoli’s on an international scale, which is a key strategic...

Mayfair Gold Closes Second Tranche of Financing

Written by Customer Service on January 11, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 11, 2023 (GLOBE NEWSWIRE) — Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced the closing of the second and final tranche of its previously announced non-brokered private placement financing (the “Offering”) for proceeds of $3,450,000. The funds will be used to further the Company’s successful exploration program at the Fenn-Gib gold project in the Timmins region of Ontario, for metallurgical and engineering studies, and for general working capital. The Company issued 3,000,000 common shares at a price per share of $1.15. The common shares issued are subject to a four month hold period expiring on May 11, 2023. The Company completed the first tranche of the Offering on December 19, 2022, for proceeds of $4,980,000. The aggregate proceeds from the first and...

Virtual Interactive Technologies Corp. Provides Shareholder Update and 2023 Outlook

Written by Customer Service on January 11, 2023. Posted in Public Companies.

Video game markets remain strong as VRVR looks to expand its portfolio in 2023 Denver, Colorado, Jan. 11, 2023 (GLOBE NEWSWIRE) — Virtual Interactive Technologies Corp., (OTC: VRVR) (“VRVR” or the “Company”), an American multi-platform video gaming developer and publisher, is pleased to provide a corporate update and a forward look to 2023. Dear Shareholders, We had a busy 2022 working to position the company for future growth. After signing Duane “Dog” Chapman aka “Dog the Bounty Hunter” in late 2021 we began the work of assessing the best path for the launch of some initial games based on the “larger than life” personality of “Dog the Bounty Hunter”. We also signed an agreement with Hammer Slammer games out of Berlin, Germany for development of “Micro Card Battler” an RPG (Role Playing Game) inspired by...

Rocky Mountain High Brands Reports Preliminary Unaudited Record Revenue of $1.6 Million for Fourth Quarter of 2022

Written by Customer Service on January 11, 2023. Posted in Earnings Releases And Operating Results.

PLANO, Texas, Jan. 11, 2023 (GLOBE NEWSWIRE) — Rocky Mountain High Brands, Inc. (OTC: RMHB) today announced that it expects to report record revenue of $1.6 million for the fourth quarter of 2022. The fourth quarter 2022 was Rocky Mountain High Brands’ best revenue quarter to date. The Company continues to show strong growth at private label co-packing, and that has translated into record revenue. RMHB plans to release the full results for its fourth quarter 2022 once its financial closing procedures, final adjustments, and other developments that may arise between now and the time the closing procedures for the quarter are completed. Included in the above are preliminary unaudited revenue results for the fourth quarter of 2022. These preliminary results are derived from the internal financial records of the Company and are subject...

Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend and Announces Share Repurchase Program

Written by Customer Service on January 11, 2023. Posted in Dividend Reports And Estimates.

YORK, Pa., Jan. 11, 2023 (GLOBE NEWSWIRE) — On January 10, 2023, the Board of Directors of Codorus Valley Bancorp, Inc. (the “Corporation”) (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.16 per common share, payable on February 14, 2023, to shareholders of record at the close of business on January 24, 2023. This represents a $0.01 per common share increase from the quarterly cash dividend paid in the prior four quarters. The Corporation also announced that its Board approved the repurchase of up to $5 million in aggregate value of the Corporation’s common stock from time to time in open market or privately negotiated transactions (“2023 Stock Repurchase Program”). The Board authorization will continue until the earlier of (i) an aggregate of $5 million...

Clene Nanomedicine Announces Participation in Renmark Virtual Non-Deal Roadshow Series on January 18 and January 23

Written by Customer Service on January 11, 2023. Posted in Public Companies.

SALT LAKE CITY, Jan. 11, 2023 (GLOBE NEWSWIRE) — Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company today announced that it will participate in Renmark Financial Communications Inc.’s Virtual Non-Deal Roadshow Series on January 18 and January 23. The Company welcomes stakeholders, investors, and other interested parties to register and attend these free live events. Rob Etherington, Chief Executive Officer, and Morgan Brown, Chief Financial Officer, will deliver the latest investor presentation followed by a live Q&A session. Individuals can register by using the link below. As a reminder, registration for the live events may be limited but access to the replays will be posted to the Company’s Investor website...

DoubleDown Interactive Enters into Share Purchase Agreement to Acquire i-Gaming Operator, SuprNation

Written by Customer Service on January 11, 2023. Posted in Mergers And Acquisitions.

SEATTLE, Jan. 11, 2023 (GLOBE NEWSWIRE) — DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) (“DoubleDown” or the “Company”), a leading gaming company, delivering unique player experiences across a variety of genres, today announced that the Company has entered into a Share Purchase Agreement (the “Agreement”) to acquire SuprNation AB, a Swedish limited liability company (“SuprNation”) for cash consideration of approximately $35 million(1) (or €33 million), on a cash free and debt free basis and subject to final 2022 financial review. SuprNation is a European-based i-Gaming company providing differentiated casino gaming experiences. SuprNation HighlightsUnaudited preliminary revenue for the nine months ended September 30, 2022 of approximately $18.3 million based on management’s estimates Strong presence in certain regulated European...

Portable Power Station Market Size to Worth Around USD 836.0 Million by 2029: Fortune Business Insights

Written by Customer Service on January 11, 2023. Posted in Mergers And Acquisitions.

The global portable power station market size to grow from USD 478.3 million in 2022 to USD 836.0 million by 2029, growing at CAGR of 8.3% during forecast period. Increase in outdoor and camping activities to gather momentum to drive the growth of market. Pune, India, Jan. 11, 2023 (GLOBE NEWSWIRE) — The global portable power station market size to grow at CAGR of 8.3% during 2022 to 2029. The global market size was valued USD 425.4 million in 2021 and USD 478.3 million in 2022 respectively. The global market is forecasted to grow USD 836.0 million by 2029. This information is provided by Fortune Business Insights, in its report titled, “Portable Power Station Market, 2022-2029.” Key Industry Development: October 2021: With a 210Wh capacity, EcoFlow has introduced the RIVER mini portable power station. RIVER mini is the company’s...

Day: January 11, 2023

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