Day: May 17, 2023

Transactions further strengthen Infinera balance sheet while keeping average debt coupon expense at less than 3.5% across capital structure SAN JOSE, Calif., May 16, 2023 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) announced today that, to enable the refinancing of a substantial majority of its outstanding 2.125% Convertible Senior Notes due 2024 (the “2024 notes”), it has entered into separate, privately negotiated agreements with certain institutional investors to reopen and issue $100 million in aggregate principal amount of its currently outstanding 3.75% Convertible Senior Notes due 2028 (the “additional 2028 notes”). Net proceeds from the issuance of the additional 2028 notes will be used to repurchase from certain investors approximately $83.9 million in aggregate principal amount of its currently outstanding...

HESPERIA, Calif., May 16, 2023 (GLOBE NEWSWIRE) — 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, announced today that it plans to host a conference call for shareholders and analysts on Thursday, May 18th at 6:00 pm EST to discuss recent company developments, advancements in the Company’s strategy, and the results of its recently completed technical study. The call will be hosted by executive management including Susan Brennan, newly appointed Chief Executive Officer of 5E Advanced Materials, Inc. Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available at https://5eadvancedmaterials.com/investors/events-and-presentations/....

VANCOUVER, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports diamond drill results from the Mount Polley 2023 exploration program. Five diamond drill holes totalling 2,720 metres were successful in intercepting mineralization in an underexplored area between the Springer and Cariboo mineralized zones. All the holes intersected mineralization in the undrilled area between the Springer and Cariboo zones. The results included some higher grade intervals highlighted by the 162.5 metre interval grading 0.50% copper and 0.52 g/t gold from 30 metres in SD-23-167. The results will increase the resource in the Springer zone and with the proximity to existing mining and planned pits, mineralization discovered in this area has a good potential to be converted from...