Day: May 24, 2023
Corning, N.Y., May 23, 2023 (GLOBE NEWSWIRE) — Corning Incorporated (NYSE: GLW) is announcing a 20% increase to its display glass substrate prices. The global price increase will impact all regions, compositions, and glass Gen sizes beginning in the third quarter of 2023.
This price adjustment is intended to offset ongoing elevated costs in energy, raw materials, and other non-yen denominated operational expenses during this period of extended inflation which has impacted many global industries, including the display industry.
Corning expects growth in demand for display glass in the second half of 2023, driven by the continued recovery of the display industry and typical seasonal demand patterns.
Corning will continue to monitor its operating environment and make decisions on future pricing adjustments taking into consideration...
Jourdan to Add Mining Claims to Flagship Vallée Project
Written by Customer Service on . Posted in Mergers And Acquisitions.
Figure 1
The to be acquired block (red) in between Jourdan’s Vallée and Vallée NE concessions and the location of the North American Lithium Mine (Sayona).TORONTO, May 23, 2023 (GLOBE NEWSWIRE) — JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA:2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has entered into an asset purchase agreement dated as of May 19, 2023 with Globex Mining Enterprises Inc. (the “Agreement”) to acquire six mining claims located north of Val d’Or in Quebec (the “Claims”). The Claims are surrounded by the Company’s other mining claims in the area known as the Vallée project (see figure 1 below). Consideration for the acquisition is as follows:C$100,000;
2,040,816 common shares of the Company at a deemed price of $0.0735 per share, being the 10-day volume weighted average price of the...
Apollo Applies to Amend Warrant Terms
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) announces it has applied to the TSX Venture Exchange (“TSXV”) to reprice and the extend the expiry date of 35,266,667 common share purchase warrants (the “Warrants”) issued to subscribers under the Company’s private placement that closed on July 6, 2021. The Company proposes to extend the Warrant expiry date from July 8, 2023, to July 8, 2026, and reprice the Warrant exercise price for the third, fourth and fifth year of the amended Warrant term at $0.79 (the “Amended Terms”). All other terms of the Warrants will remain unchanged. The Amended Terms are subject to acceptance by the TSXV and approval of the Warrant holders by extraordinary resolution, as detailed below.
The Warrants...