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Month: February 2023

ApartmentLove Announces Issuance of Shares for Settlement of Payables

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Feb. 10, 2023 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove” or the “Company“), a leading provider of online home, apartment, and vacation rental marketing services to property managers, owners, renters, and vacationers in more than 30-countries around the world, announces today that the Company has agreed with two of its service providers (the “Service Providers“), to settle an aggregate of $93,949.95 in invoices through the issuance of an aggregate of 626,333 common shares in the capital of the Company (“Common Shares“) to the Service Providers, at a deemed price of $0.15 per Common Share (the “Settlement“). The Common...

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Blender Bites Sees Biggest Earnings Since Inception and Prepares for Major US Launch

Lands agreement with the largest pure-play distributor of natural and organic, speciality, and fresh products in the US VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) — Blender Bites Ltd. (the “Company”, “Blender Bites” or “Blender”), (CSE: BITE, FWB: JL4, WKN: A3DMEJ), an award winning Canadian company involved in the development and marketing of a line of premium, organic and plant-based pre-portioned frozen functional foods, announces that in 2022 the Company reached milestone annual sales, resulting in multi-million dollar revenues and is preparing for a major US launch in the year ahead. To kick off the US launch Blender Bites has entered into a partnership agreement with KeHE Distributors, LLC (“KeHE” the “Distributor”), for distribution of its core SKU’s Liquid Sunshine™, Power Berry™,...

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Search Minerals to Seek New CEO to Lead the Development of Rare Earth Element Mining, Extraction and Manufacturing in Newfoundland and Labrador

VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), announces that Mr. Leo Power has been appointed to the position of interim President and Chief Executive Officer of the Company following the termination by the Company on a without cause basis of the employment agreement with former President and Chief Executive Officer, Greg Andrews. The Company and Mr. Andrews are in discussions to effect the termination and ensure a smooth transition. The Company will immediately launch a search process to identify a new President and CEO to lead Search Minerals in the transition from mineral explorer to project developer. David Dreisinger, Director and Vice President of Metallurgy of Search Minerals says: “It has been a great pleasure to work with Greg...

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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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