Month: April 2023

TORONTO, April 10, 2023 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) announced preliminary production results from both of its mines and smelter for the three months ended March 31, 2023. The Company confirmed that all operations are on track to meet previously issued production guidance for 2023. “The first quarter was a solid start to the year, with continued strong performance at Chelopech and a near record-level of gold production at Ada Tepe,” said David Rae, President and Chief Executive Officer. Production Highlights Preliminary results for the first quarter are provided in the table below:  Ore processed Metals contained in concentrate produced Payable metals in concentrate sold Complex concentrate smelted  (Kt) Gold(K oz.) Copper(Mlbs.) Gold(K oz.) Copper(Mlbs.) (Kt)Q1 2023            Chelopech 546.1 35.3 7.2 31.1 6.4 –Ada...

Castle Rock, CO, April 10, 2023 (GLOBE NEWSWIRE) — Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or the “Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, issues a statement in response to The New York Times’ (“NYT”) April 9, 2023 article “The Real-World Cost of the Digital Race for Bitcoin” (the “Article”). Amid yet another banking crisis, Bitcoin offers consumers and businesses much-needed optionality for storing value, and the ability to take custody of their own assets. Bitcoin mining operations are also providing jobs, tax revenues, and many other benefits to rural communities, including grid stability and incentives for alternative energy production. That is why we were especially disappointed to read a false and distorted view of our Company and our industry in the Article published by...

MONTVALE, N.J., April 10, 2023 (GLOBE NEWSWIRE) — Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announces its receipt of a Notification Letter from Nasdaq that its stock has been under a minimum bid price of $1.00 for a period of 30 days, based upon the closing bid price during the period from February 14, 2023, to March 28, 2023. The Company has been given 180 calendar days to regain its compliance and achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive trading days. According to the Notification Letter, should the Company not regain compliance by October 2, 2023, an additional 180 days may be granted to regain compliance, so long as the Company meets the Nasdaq Capital Market continued listing requirements (except for the bid price requirement) and notifies Nasdaq in writing...

TORONTO, April 10, 2023 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” or the “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces that the Company’s board of directors has declared a cash dividend of $0.0681 per Series A Preferred Shares (the “Preferred Shares”), payable on April 14, 2023, to holders of record of Preferred Shares as at March 31, 2023. The Dividend represents the dividend payable on the Preferred Shares for the period from January 1, 2023 to March 31, 2023. This dividend is designated by the Company to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents. The declaration and payment of dividends...

IRVINE, Calif., April 10, 2023 (GLOBE NEWSWIRE) — Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced that it has commenced an underwritten public offering of 1,100,000 shares of its Class A common stock. All shares of Class A common stock are being offered by the Company. In connection with the offering, Kura Sushi intends to grant the underwriters a 30-day option to purchase an additional 165,000 shares of its Class A common stock. The proposed offering is subject to market and other conditions, and there can be no assurances as to whether or when the proposed offering may be completed, or as to the actual size or terms of the proposed offering. Kura Sushi intends to use the net proceeds from the proposed offering for general corporate purposes,...

Orlando, Fla, April 10, 2023 (GLOBE NEWSWIRE) — Kalera Public Limited Company (“Kalera PLC” or the “Company”) (Nasdaq: KAL), a vertical farming company headquartered in Orlando, Florida, today announced that on April 6, 2023, it received a delisting notification from Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that Nasdaq would suspend trading of the Company’s common stock as of the opening of business on April 17, 2023. Nasdaq’s determination was based on the following: (i) Under Listing Rule 5101, the Company is a public shell and that the continued listing of its securities is no longer warranted; and (ii) the Company has not filed its Form 10-K for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (“SEC”) and NASDAQ, therefore failing to comply with NASDAQ’s Listing Rule 5250(c)(2)...