Month: January 2023

LEADING EDGE MATERIALS REPORTS WARRANT EXERCISE AND PROVIDES CORPORATE UPDATE Vancouver, January 9, 2023 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) is pleased to announce that the Interim Chief Executive Officer Mr. Eric Krafft has exercised warrants providing proceeds to the Company of CAD 1.3 million in order to support the ongoing development and exploration programs at its Swedish and Romanian projects. Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of the common shares on a fully diluted basis. Eric Krafft, Director and Interim CEO of the Company, states: “As previously, I am pleased to be able to support funding of the Company by exercising existing...

VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) — Psyence Group Inc. (CSE:PSYG | OTCQB: PSYGF), a life science biotechnology company pioneering the use of natural psilocybin in mental health and well-being (“Psyence”), and Newcourt Acquisition Corp (Nasdaq: NCAC), a special purpose acquisition company (“SPAC”) formed for the purpose of acquiring or merging with one or more businesses (“Newcourt” or the “Company”), today announced that Newcourt has entered into a definitive business combination agreement (the “Business Combination Agreement”) on January 9, 2023 with Psyence Biomed Corp (“Psyence Biomed”), a wholly owned subsidiary of Psyence, to create a public company (the “Combined Company”) leveraging natural psilocybin in the treatment of palliative care (the “Business Combination”). Psyence Biomed is Psyence’s clinical...

CLEVELAND, Jan. 09, 2023 (GLOBE NEWSWIRE) — Sotera Health Company (“Sotera Health” or the “Company”) (Nasdaq: SHC), a leading global provider of mission-critical end-to-end sterilization solutions and lab testing and advisory services for the healthcare industry, today is presenting at the 41st Annual J.P. Morgan Healthcare Conference. During the presentation, Chairman and CEO Michael B. Petras, Jr. will be providing an update on Sotera Health’s business. “I am pleased to announce that Sotera Health delivered solid top-line growth in 2022,” said Mr. Petras. “We expect full-year revenues to fall within the previously communicated guidance range of $995 million to $1.005 billion. Despite a challenging macroeconomic environment, the team did a good job focusing on our core values to deliver these results. We look forward to reporting...

SAULT STE. MARIE, Ontario, Jan. 09, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal third quarter 2023. Unless otherwise specified, all amounts are in Canadian dollars. Fiscal third quarter 2023 total steel shipments are expected to be approximately 455,000 tons and Adjusted EBITDA is expected to be in a range of $(35) million to $(45) million. Michael Garcia, the Company’s Chief Executive Officer, commented, “The sequential decrease in steel shipments and Adjusted EBITDA as compared to the fiscal second quarter 2023 is largely due to lower than expected plate shipments, continued softening in steel pricing, and normal seasonal maintenance activities ahead...

STEINHAUSEN, Switzerland, Jan. 09, 2023 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Titan Financing Limited (“Transocean Titan”), a wholly-owned indirect subsidiary of Transocean Ltd., has priced its previously announced offering of U.S. $525 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc., and a wholly-owned indirect subsidiary that owns and initially will operate the Deepwater Titan and will be secured by a lien on the Deepwater Titan and certain other assets related to the rig. The Notes will bear interest at the rate of 8.375% per annum and will be callable after February 1, 2025. The offering is expected to close on or about January...

Cayman Islands, Jan. 09, 2023 (GLOBE NEWSWIRE) — AlphaTime Acquisition Corp (the “Company”) today announced that the underwriters of its initial public offering exercised in full their over-allotment option on January 6, 2023 to purchase an additional 900,000 units at a public offering price of $10.00 per unit. After giving effect to the exercise of the over-allotment option, a total of 6,900,000 units have been issued, resulting in total gross proceeds of $69,000,000. The units, including those issued in connection with the over-allotment option, are listed on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “ATMCU”. Each unit consists of one ordinary share, one redeemable warrant entitling the holder to purchase one ordinary share at a price of $11.50 per share, and one right entitling the holder to receive one-tenth...

Technology Unlocks Massive New Feedstock Model to Neutralize America’s Transportation Emissions VIRGINIA CITY, Nev., Jan. 09, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced the demonstration of breakthrough cellulosic fuels pathways to produce renewable diesel, marine, sustainable aviation fuel (“SAF”) and gasoline from woody biomass at dramatically improved yield, efficiency, and cost in comparison to all known methods, thereby enabling a massive new renewable fuels feedstock capable of neutralizing more than 40% of America’s mobility emissions well before 2050. Fuel Plantations Renewable fuels provide a critical opportunity for decarbonization, however, most of the existing U.S. renewable fuel refineries draw from the same limited pool of constrained feedstocks. Comstock technologies...

JOHNS CREEK, Ga., Jan. 09, 2023 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Friday, February 3rd. Saia management will host a conference call to discuss the results later that morning at 11:00 a.m. Eastern Time. To participate in the call, please dial 1-888-440-5655 or 1-646-960-0338 referencing conference ID #9246157. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company website at https://www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through...