Day: March 13, 2023

Ekati Diamond mine arial Ekati Diamond Mine in Northwest TerritoriesCALGARY, Alberta, March 13, 2023 (GLOBE NEWSWIRE) — Arctic Canadian Diamond Company Ltd. has entered into a binding share purchase agreement with Burgundy Diamond Mines Limited, a company publicly traded in Australia (ASX:BDM). Burgundy has agreed to acquire 100 per cent of Arctic Canadian’s assets, most notably Ekati Diamond Mine in Canada’s Northwest Territories, as well as other interests for consideration of approximately USD$136 million. The proposed transaction is subject to financing as well as the approval of Burgundy’s shareholders which is expected in late April 2023. Ekati Diamond Mine has been in operation for close to 25 years during which time it has delivered significant positive socio-economic benefits to the North. The sale announced today will...

Announces Concurrent Private PlacementFigure 1: The Angilak Property in Nunavut Territory, CanadaFigure 2: Angilak Long SectionTORONTO, March 13, 2023 (GLOBE NEWSWIRE) — Labrador Uranium Inc. (“Labrador Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that today it entered into an arm’s length definitive agreement (the “Arrangement Agreement”) with ValOre Metals Corp. (“ValOre”) pursuant to which LUR will acquire ValOre’s Angilak Property located in Nunavut Territory, Canada (the “Angilak Property”), all by way of a court-approved plan of arrangement (the “Arrangement”). LUR is also pleased to announce that Mr. John Jentz is expected to join LUR as Chief Executive Officer and Director of the Company, and that two additional Directors appointed by ValOre, including Jim Paterson,...

Acquisition to Accelerate Strategic Growth in a Key Skincare Market Company Moves Fourth Quarter Fiscal 2022 Earnings Call to April 26, 2023 NEW YORK, March 13, 2023 (GLOBE NEWSWIRE) — Waldencast plc, (NASDAQ: WALD) (“Waldencast”), a global multi-brand beauty and wellness platform, announced today that it signed a binding letter of intent to acquire a 60% controlling interest in a newly formed entity to be comprised of the business of its Southeast Asia (SEA) distributor. The letter of intent is binding upon the SEA distributor, but Waldencast’s obligations are subject to the satisfaction of certain conditions. Assuming the satisfactory completion of its due diligence and negotiation of definitive agreements, Waldencast expects to close the transaction in the coming weeks. This transaction will further accelerate Waldencast’s growth...