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Day: May 29, 2023

Mydecine Innovations Group Files Prospectus Supplement, Announces Closing Under Share Subscription Agreement and Provides Update on Its Board of Directors

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — Mydecine Innovations Group Inc. (“Mydecine” or the “Company”) (NEO:MYCO) (OTC:MYCOF) (FSE:0NFA) a biotechnology company engineering the next wave of innovative medications and treatment protocols to directly address mental health with a particular emphasis on addiction and PTSD, is pleased to announce that, in connection with its previously announced Common Share Subscription Agreement (the “Subscription Agreement”) with a third-party investor (the “Investor”) dated March 10, 2023, the Company has filed a shelf prospectus supplement (the “Prospectus Supplement”) to the Company’s Final Short Form Base Shelf Prospectus for the province of Québec and Amended and Restated Final Short Form Base Shelf Prospectus for each of the provinces of Canada, dated January 28, 2022 (together,...

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Looking Glass Labs Provides Update on Pocket Dimension Social Metaverse

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N), is pleased to announce the launch of its next version Pocket Dimension (“Pocket Dimension“). LGL’s Pocket Dimension metaverse is an online virtual space providing their owners and users a virtual space represented by one of eleven different environments including Archipelago, Countryside, Dale, Dunes, Fjord, Marsh, Savanna, Tundra, Woodland, Zen, and Genesis Moon. Each environment represents a unique representation of one of Earth’s ecosystems, as described in each environment’s name. Users of Pocket Dimension interact with other users through avatars. On November 1, 2022, LGL launched the alpha version of Pocket Dimension,...

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Nine Mile Metals Updates Flow Through Financing

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces that it has updated the terms of its flow-through (“FT”) private placement. The FT private placement will consist of the sale of up to 2,666,667 FT Units at $0.15 each, for gross proceeds of up to $400,000. Each FT Unit will be comprised of one common share, issued on a flow-through basis (“FT Share”) and one Common Share purchase warrant, issued on a non-flowthrough basis (“Warrant”). Each Warrant will entitle the holder thereof to acquire one common share in the capital of the company (each, a “Common Share”) at a price of $0.23 per Common Share for a period of 24 months from date of issuance. The FT Shares are intended to qualify as “flow-through shares”...

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NXT Announces Change of Auditor

CALGARY, Alberta, May 29, 2023 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTCQB: NSFDF) is pleased to announce the appointment of MNP LLP as its auditor for the year ended December 31, 2023, subject to shareholder approval at the next annual and special meeting of shareholders.   MNP LLP is a full-service, accounting and business advisory firm in Canada which is suitable for NXT as the Company embarks on new initiatives with strategic international partners. NXT expresses appreciation to KPMG LLP for their long service in the formative years of the Company. With the resignation of KPMG, MNP will begin to perform interim review services for NXT in connection with the Company’s fiscal quarter ended June 30, 2023. About NXT Energy Solutions Inc. NXT Energy Solutions Inc....

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Patriot Battery Metals Appoints Vice President Project Development to its Executive Management Team

VANCOUVER, British Columbia and SYDNEY, Australia, May 29, 2023 (GLOBE NEWSWIRE) — Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce the appointment of Greg Barfoot, BEng, Meng, MBA to the position of Vice President Project Development. Blair Way, Company President, CEO and Director, comments: “I am very pleased to welcome Greg to the Patriot team. Our team is growing as we start heading down the development pathway for the CV5 Project. It is very exciting to be building a team that is so well qualified and passionate about the sustainable advancement of the Corvette Lithium District.”     Mr. Barfoot is an experienced project management professional with an extensive international background in all phases of project development from concept to operations....

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Patagonia Gold Quarter 1 2023 Financial Results

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its financial results for the quarter ended March 31, 2023 (“Q1 2023”). The financial statements together with the related management’s discussion and analysis are available on the Company’s website and under the Company’s profile on SEDAR at www.sedar.com. HighlightsGenerated revenue of US$3 million in Q1 2023. Produced 1,304 gold equivalent ounces(1) and sold 1,598 gold equivalent ounces(1) in Q1 2023. Completed 2,765 meters of diamond drilling, in 16 HQ-diameter core holes, at Monte Leon. Incurred exploration expenditures totaling US$1.2 million.Note:(1) Consisting of 1,016 gold and 24,495 silver ounces of production and 1,218 gold and 31,631 silver ounces sold, converted to a gold equivalent...

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Solar Alliance first quarter revenue grows 47% year over year

Strong backlog of contracted projects set the stage for continued growth in 2023 TORONTO and KNOXVILLE, Tenn., May 29, 2023 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces it has filed its unaudited financial results for the three months ended March 31, 2023. The Company’s Financial Statements and related Management’s Discussion and Analysis are available under the Company’s profile at www.sedar.com. “Solar Alliance delivered 47% year-over-year quarterly growth during the first quarter of 2023,” said CEO Myke Clark. “This impressive level of growth occurred during what is generally a slower quarter for solar installations and sets the stage for a strong 2023. We have a backlog...

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Osisko Announces Results of Annual and Special Meeting of Shareholders

TORONTO, May 29, 2023 (GLOBE NEWSWIRE) — Osisko Mining Inc. (TSX:OSK. “Osisko” or the “Corporation“) is pleased to announce the results of its annual and special meeting of shareholders (the “Meeting“) held earlier today. A total of 291,356,722 common shares of the Corporation were represented at the Meeting, representing approximately 75.9% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved, as follows:PricewaterhouseCoopers LLP was appointed as the auditor of the Corporation for the ensuing year, and the board of directors of the Corporation was authorized to fix their remuneration;all of the management nominees were elected to the board of directors of the Corporation to serve...

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Extendicare Announces Voting Results for its 2023 Annual Meeting of Shareholders

MARKHAM, Ontario, May 29, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced the results of matters voted on at its annual meeting of shareholders held on May 29, 2023 (the “Meeting”), which included the election as directors of the Company of all of the nominees listed in its management information and proxy circular dated April 17, 2023 (the “Information Circular”). The voting results for each of the matters considered at the Meeting are presented below. The total number of common shares represented by shareholders present in person or by proxy at the Meeting was 30,681,858, representing 36.14% of the Company’s outstanding common shares. 1. Election of Directors On a vote by show of hands, the election of the following nine nominees as directors of the Company to hold office until...

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Premier Health Reports Second Quarter Results

MONTREAL, May 29, 2023 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Unaudited Quarterly Consolidated Financial Statements and MD&A for its first quarter ended March 31, 2023.First Quarter 2023 Highlights(in Canadian dollars) March 31, 2023(3 months) March 31, 2022(3 months) March 31, 2023(6 months) March 31, 2022(6 months)Revenues 21,795,296 17,583,869 43,370,345 35,999,588Gross margin 5,781,011 4,335,299 10,844,459 8,755,848Gross margin as a % of revenues 26.5% 24.7% 25.0% 24.3%Adjusted EBITDA (1) 1,935,548 466,798 3,439,215 1,952,448Net Income (Loss) 60,363 (770,594) (315,593) (459,305)(1) See the Corporation’s MD&A for details on this non-Gaap measure. SummaryThe Corporation had revenues...

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