Month: May 2023

CALGARY, Alberta, May 16, 2023 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) advises that due to the ongoing Alberta wildfires, the Company has shut-in two of its facilities at Kaybob within its Light Oil operations. The facilities have been shut-in as a precautionary measure due to changing wildfire conditions and the Company is not aware of damage to its well sites or associated infrastructure. The Company estimates ~2,300 boe/d of temporary production downtime. The situation is dynamic and production will be restored when the area is safe and the Company is permitted to do so. Athabasca would like to extend its sincere gratitude to its field staff, industry partners, emergency responders, and firefighters for their dedication and hard work in safeguarding our communities during this challenging...

PALO ALTO, Calif., May 16, 2023 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA) (the “Company”), a leading provider of cloud software for the global professional and financial services industry, today announced that it intends to offer and sell 2,000,000 shares of the Company’s common stock in an underwritten public offering (the “Offering”). Certain selling stockholders also intend to offer 4,250,000 shares of the Company’s common stock in the Offering. In addition, certain of the selling stockholders are expected to grant the underwriters an option for a period of 30 days to purchase up to an additional 15% of the total number of shares of common stock to be offered in the Offering on the same terms and conditions, less the underwriting discount. The Offering is subject to market and other conditions, and there can be no assurance...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) — Skeena Resources Limited (TSX: SKE; NYSE: SKE) (“Skeena” or the “Company”) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on bought deal basis 8,700,000 common shares of the Company (the “Common Shares”) at a price of C$7.35 per Common Share, for total gross proceeds of approximately C$64 million (the “Offering”). The Company will also grant to the Underwriters an over-allotment option (the “Over-Allotment Option”) to purchase up to 1,305,000 additional Common Shares (the “Over-Allotment Shares”). The Over-Allotment Option will be exercisable...

NEW YORK, May 16, 2023 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), announced today that, following receipt of applicable regulatory clearances, its Board of Directors has adopted a share repurchase program intended to enhance shareholder value. Under the repurchase program, the Company may repurchase up to 1,235,000 shares of its common stock, which represents approximately 5% of the issued and outstanding shares of the Company. The repurchases will be made in accordance with a pre-arranged stock repurchase plan adopted by the Company in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, as well as from time to time through privately negotiated transactions at prevailing market prices,...

CLEVELAND, OHIO, May 16, 2023 (GLOBE NEWSWIRE) — MALACHITE INNOVATIONS, INC. (OTC Mkts: MLCT) (“Malachite” or “Company”), a public company focused on improving the health and wellness of people and the planet, announced the entry into a consulting agreement with Sunday Creek Horizons, LLC (“Sunday Creek Horizons”). Sunday Creek Horizons is a strategic communication, issue advocacy, and community development consulting firm based in Athens, Ohio, operating primarily in the Appalachian region of the United States. Sunday Creek Horizons works with numerous Appalachian-based clients, including leading private sector businesses, non-profit organizations, institutions of higher learning, and several regional and city governments. The firm’s aim is to advance community, economic, and business development efforts in the region through...

Cranford, New Jersey, May 16, 2023 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen weeks ended April 1, 2023 today. Tofutti Brands reported net sales for the thirteen weeks ended April 1, 2023 decreased by $973,000, or 28%, to $2,490,000, from net sales of $3,463,000 for the thirteen weeks ended April 2, 2022. Sales of our vegan cheese products decreased to $2,100,000 for the thirteen weeks ended April 1, 2023 from $2,916,000 for the thirteen weeks ended April 2, 2022 due to the timing of cheese promotions this year. Sales of our frozen dessert products decreased to $390,000 in the thirteen weeks ended April 1, 2023 from $547,000 for the thirteen weeks ended April 2, 2022. We anticipate an increase in sales dollars over the balance of the current fiscal year as our promotions and...