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Day: February 10, 2023

Teck Donates $100,000 to Support Relief Efforts in Türkiye and Syria

VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a donation of $100,000 to the Canadian Red Cross and Red Crescent to support relief efforts following severe earthquakes in Türkiye and Syria. “The stories and images coming out of Türkiye and Syria after the devastating earthquakes are heartbreaking,” said Jonathan Price, CEO. “In times of crisis, the international community rallies together to help those affected, and we encourage everyone to consider donating to organizations like the Red Cross and Red Crescent as they support victims and their families on the ground.” Teck’s donations to the Canadian Red Cross and Red Crescent will support their efforts to assist and rescue people in areas impacted by earthquakes. Go to www.redcross.ca...

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AmmPower Corp. Announces Board and Management Changes

TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) — AmmPower Corp. (CSE: AMMP) (OTCQB: AMMPF) (FSE: 601A) (the “Company” or “AmmPower”) is pleased to announce that Mr. Ryan Ptolemy has joined the Company as Chief Financial ‎Officer. Mr. Ptolemy is a Chartered Professional Accountant, Certified General Accountant, and ‎CFA charter holder with 20 years of accounting, tax and corporate finance experience. Mr. ‎Ptolemy is serves as Chief Financial Officer of various Toronto Stock Exchange and NEO ‎Exchange listed public companies in the investment, fintech, and mining industries. Mr. Ptolemy ‎holds a Bachelor of Arts degree in Administrative and Commercial Studies from Western ‎University in Canada.‎ The Company also announces that Mr. Christopher Lilla has resigned from the board of directors of the Company and as ‎Chief Financial Officer,...

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OceanPal Inc. Announces Closing of Approximately US$15.2 Million Public Offering

ATHENS, Greece, Feb. 10, 2023 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today the closing of its public offering of 15,000,000 units with each unit consisting of one common share (or one pre-funded warrant in lieu of one common share) and one Class B warrant to purchase one common share (the “Offering”). The Company, concurrently with the Offering, conducted a private placement with the placement agent for additional unregistered warrants to purchase 15,000,000 common shares. The Class B warrants and the privately placed warrants have an exercise price of US$1.01 per common share, were exercisable immediately, and expire five years after the issuance date. Alternatively, each privately placed warrant is exercisable for 0.75 common...

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ThreeD Capital Inc. Issues Early Warning Report in Connection with the Completion of $280,000 Convertible Debenture Investment in infinitii ai inc.

TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through the completion of a private placement (the “Acquisition”), ThreeD and Sheldon Inwentash (the “Joint Actor”) acquired ownership of unsecured convertible debentures (the “Subject Debentures”) convertible into 5,000,000 units (the “Subject Units”) of infinitii ai inc. (the “Company” or “infinitii”). Each Subject Unit consists of one common share (each, a “Subject Convertible Share”) of the Company and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”). As a result of the Acquisition, the percentage ownership held by ThreeD increased...

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Nova Vision Acquisition Corp. Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period to March 10, 2023

Singapore, Feb. 10, 2023 (GLOBE NEWSWIRE) — Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $75,030.26 (representing approximately $0.0416 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from February 10, 2023 to March 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with...

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Mannkind Corporation to Participate in the SVB Securities Global Biopharma Conference

DANBURY, Conn. and WESTLAKE VILLAGE, Calif., Feb. 10, 2023 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products and devices for patients with endocrine and orphan lung diseases, announced today that its Chief Executive Officer, Michael Castagna, PharmD, will participate in a Fireside Chat at the SVB Securities Global Biopharma Conference on Wednesday, February 15, 2023 at 1:40 pm (ET). Interested parties can access a link to the webcast from the New & Events section of the Company’s website at https://investors.mannkindcorp.com/events-and-presentations. The webcast replay will remain available for 14 days following the live presentation. About MannKindMannKind Corporation (Nasdaq: MNKD) focuses on the development and commercialization...

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Berkshire Grey Confirms Receipt of Indication of Interest from SoftBank

Berkshire Grey, Inc. logo Berkshire Grey, Inc. logoBEDFORD, Mass., Feb. 10, 2023 (GLOBE NEWSWIRE) — Berkshire Grey Inc. (Nasdaq: BGRY), (“Berkshire Grey” or the “Company”), a leader in AI-enabled robotic solutions that automate supply chain processes, today confirmed that it has received a non-binding indication of interest from SoftBank Group Corp. (“SoftBank”) to acquire all of the outstanding capital stock of the Company for $1.30 per share in cash. The terms of any potential agreement between Berkshire Grey and SoftBank would be contingent on certain conditions, including completion of due diligence review and negotiation of definitive transaction documents. Berkshire Grey also notes that it is currently evaluating various alternative options, including potential financing transactions. Berkshire Grey’s Board of Directors...

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Neuronetics Announces Updated Medicare Policy Expanding Access to NeuroStar TMS Therapy through Nurse Practitioners

NGS MAC Allows Non-Physician Practitioners with Autonomy to Prescribe TMS MALVERN, Pa., Feb. 10, 2023 (GLOBE NEWSWIRE) — Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced a healthcare policy update from National Government Services, Inc. (NGS) that increases access for patients to its NeuroStar® Advanced Therapy for Mental Health transcranial magnetic stimulation (TMS). The NGS policy, effective April 1, 2023, will allow non-physician practitioners (NPPs) who are within their scope of practice to order and provide TMS treatment to their patients with major depressive disorder (MDD). “We recognize and appreciate the significant role psychiatric...

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Staffing 360 Solutions Announces Closing of $5 Million Public Offering

NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF) (“Staffing 360” or “the Company”), a staffing company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced the closing of its previously announced public offering of 1,884,516 units (or pre-funded units in lieu thereof), each unit consisting of one share of common stock (or pre-funded warrant in lieu thereof) and one warrant to purchase one share of common stock, at an offering price to the public of $2.6532 per unit (or pre-funded unit in lieu thereof). The warrants have an exercise price of $2.47 per share, are immediately exercisable, and will expire five years from issuance. H.C. Wainwright & Co. acted as the exclusive placement...

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Nine Mile Metals Announces Engagement of Oak Hill Financial Inc. for Investor Relations

VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) — NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce it has entered into an advisory services agreement (the “Consulting Agreement”) with Oak Hill Financial Inc. (“Oak Hill”) to provide business and capital markets advisory services including investor relations. Nine Mile has entered into the Consulting Agreement dated February 8, 2023, at a monthly fee of $10,000 plus applicable taxes, for as long as the agreement is in effect. Oak Hill will provide investor relations services to Nine Mile with a focus on providing turn-key solutions for investor relations, marketing in the investment community, targeting advisor channels of distribution. Patrick J Cruickshank, MBA, CEO and Director, stated, “We are extremely...

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