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Month: January 2023

CGG and TGS Announce Foz do Amazonas Phase II 3D Multi-Client Survey Offshore Brazil  

Paris, France – January 4, 2023 CGG, a global technology and HPC leader, and TGS, a global provider of energy data and intelligence, today announced the second phase of the Foz do Amazonas 3D multi-client survey, located in the offshore Brazil Equatorial Margin. This survey, covering 11,425 sq km, will broaden the region’s 3D coverage and deliver additional high-quality data essential for the exploration efforts in the basin. Existing 2D data and adjacent 3D data indicate the presence of reservoir depositional fairways in this location which overlies a source interval contemporaneous with the Guyana Basin petroleum system. Basin model studies predict a mature Early Cretaceous petroleum system with extensive regional reservoir distribution. The nearby Zaedyus discovery in French Guiana and the Narina and Venus wildcat discoveries...

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Proactive news headlines including Piedmont Lithium, Cyclone Metals, Eclipse Metals and Pantoro Ltd

Sydney, Jan. 04, 2023 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Piedmont Lithium Inc (ASX:PLL, NASDAQ:PLL, XETRA:), which develops lithium resources critical to the US electric vehicle (EV) supply chain, has amended its agreement with Tesla Inc (NASDAQ:TSLA) to supply the US automaker with spodumene concentrate (SC6) from North American Lithium (NAL). Click here Cyclone Metals Ltd (ASX:CLE) has gained 100% ownership of the Block 103 Magnetite Iron Ore Project in the heart of the world-class Labrador Trough iron belt in Quebec, Canada, through the acquisition of Labrador Iron Pty Ltd. Click here Eclipse Metals Ltd (ASX:EPM) is seeking to harness the considerable amount of interest being expressed by potential European...

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FluroTech Ltd. Announces Sale of Shares in FluroTest Diagnostic Systems Ltd. and Option Cancellation

CALGARY, Alberta, Jan. 03, 2023 (GLOBE NEWSWIRE) — FluroTech Ltd. (“FluroTech” or the “Company”) (TSXV: TEST) announces that it has entered into a Share Purchase Agreement (“Agreement”) to sell all of the shares of FluroTest Diagnostic Systems Ltd., a wholly-owned subsidiary of the Company, to an arm’s length individual (the “Purchaser”). The Purchaser has agreed to pay total cash consideration of $1.00 in lawful Canadian currency. The completion of the transaction is effective December 31, 2022. Additionally, the Company announces the cancellation of an aggregate of 3,435,050 options to purchase Common shares previously granted under the Company’s stock option plan (the “Stock Option Plan”) to certain directors, officers and employees (the “Cancelled Options”). Under the Stock Option Plan, the Company may grant up to an aggregate...

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Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at December 31, 2022

HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of December 31, 2022. As of December 31, 2022, the Fund’s net assets were $432.3 million and its net asset value per share was $9.16. As of December 31, 2022, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 650% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 439%.     Kayne Anderson NextGen Energy & Infrastructure, Inc.Statement of Assets and LiabilitiesDecember 31,...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at December 31, 2022

HOUSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of December 31, 2022. As of December 31, 2022, the Company’s net assets were $1.4 billion, and its net asset value per share was $10.06. As of December 31, 2022, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 520% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 395%.Kayne Anderson Energy Infrastructure Fund, Inc.Statement of Assets and LiabilitiesDecember 31, 2022(Unaudited)    (in...

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Nuheara Announces Commercial Availability of HP Hearing PRO OTC Hearing Aid

LAS VEGAS, Jan. 03, 2023 (GLOBE NEWSWIRE) — Nuheara, the smart-hearing company, today announced the commercial availability of its HP Hearing PRO. Consumers can now pre-order the HP Hearing PRO self-fitting, air-conduction, OTC hearing aid at www.HPhearingPRO.com and soon be able to purchase the product from any retailer carrying the product including Best Buy and Crutchfield. Nuheara’s HP Hearing PRO is the first product cleared through the FDA’s 510(k) process for both 874.3325 self-fitting and the 800.30 OTC hearing aid classifications under a new product classification code “QUH”. HP Hearing PRO is the first FDA cleared self-fitting OTC hearing aid with Hybrid Active Noise Cancellation. The innovative Ear ID™ software-in-medical-device and earbud form factor sets the HP Hearing PRO apart from other devices on the market1. The...

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Rover Metals Announces Intent to Re-price Previously Issued Warrants

VANCOUVER, British Columbia, Jan. 03, 2023 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) announces its intent to apply to the Toronto Venture Exchange (the “TSXV”) to re-price and extend previously issued warrants. Terms of the Warrant Re-pricing Application On a post-consolidation basis (see October 28, 2022 release), the Company has 3,272,719 common share purchase warrants outstanding, from previous private placement financings, with an exercise price of $0.45 (the “$0.45 Warrants”). The Company is applying to amend the $0.45 Warrants such that these warrants will have their useful lives extended to May 2025, and have their exercise price re-priced down to $0.20 per warrant share. On a post-consolidation basis (see October 28, 2022 release), the Company has 1,382,503 common...

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CapStar Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call

NASHVILLE, Tenn., Jan. 03, 2023 (GLOBE NEWSWIRE) — CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ: CSTR) announced today that it will issue its fourth quarter 2022 earnings release after the market closes on January 19, 2023. CapStar will also host a conference call and webcast at 10:30 a.m. Central Time on Friday, January 20, 2023 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Conference Call and Webcast Information: Date: Friday, January 20, 2023Time: 10:30 a.m. Central Time Telephone Access: Register at https://register.vevent.com/register/BI9c3f00740dd448a7b94339cefd5948cd to access the live call, including for participants who plan to ask a question during the call. Webcast Access: A live webcast will be available at https://edge.media-server.com/mmc/p/b878kgzw....

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Renasant Bank Acquires Republic Business Credit

TUPELO, Miss., Jan. 03, 2023 (GLOBE NEWSWIRE) — Renasant Corporation (NASDAQ: RNST) (the “Company”) announced today that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011, RBC has grown into a premier, tech-enabled independent commercial finance platform that provides factoring and asset-based lending solutions (“ABL”) to commercial borrowers nationwide with more than $8 billion in factoring originations alone since inception. RBC will operate as a separate subsidiary of Renasant Bank and will continue to operate under and leverage its existing brand name. All...

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Agios Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) to Newly Appointed Chief Commercial Officer

CAMBRIDGE, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (Nasdaq: AGIO), a leader in the field of cellular metabolism pioneering therapies for rare diseases, today announced the grant of inducement equity awards outside of the Company’s 2013 Stock Incentive Plan to its newly appointed Chief Commercial Officer, Tsveta Milanova. The grants were approved by the Board of Directors effective as of January 3, 2023 as inducements material to Ms. Milanova entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement grants consisted of (i) a nonstatutory option to purchase up to 135,682 shares of common stock, (ii) restricted stock units for 25,426 shares of common stock and (iii) performance stock units for 10,897 shares of common stock. The option has an exercise price...

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