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Month: May 2023

Nevada Copper Files Financial Statements and MD&A for the Quarter Ended March 31, 2023

YERINGTON, Nev., May 11, 2023 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) today announced that it has filed its consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the quarter ended March 31, 2023.  These filings can be found on the Company’s website at www.nevadacopper.com and the Company’s SEDAR profile at www.sedar.com. About Nevada Copper Nevada Copper (TSX: NCU) is the owner of the Pumpkin Hollow copper project located in Nevada, USA with substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. Randy...

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The Sustainable Green Team, LTD. Shares Updates on its Annual Shareholder Meeting

Orlando, FL, May 11, 2023 (GLOBE NEWSWIRE) — The Sustainable Green Team, LTD. (OTCQX: SGTM) (“SGTM” or the “Company”), a provider of environmentally conscious solutions in the arbor care, disposal, and recycling industries shares updates on its Annual Shareholder Meeting. SGTM has moved its Annual Shareholder Meeting from May 12, 2023 to June 9, 2023, at 9:00am Eastern Time. The meeting will be held to discuss its Fiscal 2022 YE and Q1 2023 results, including highlights, its upcoming outlook, and, to consider and act upon the following proposals: The election of three directors to the Board of Directors to serve until the Company’s 2024 Annual Meeting of Stockholders;  The ratification of Auditors; and,  Such other business as may properly come before the Annual Meeting.The Company has fixed the close of business on May 12,...

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Precision Drilling Corporation Announces Voting Results From the 2023 Annual Meeting of Shareholders

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2023 Annual Meeting of Shareholders held on May 11, 2023 (the “Annual Meeting”). Shareholders approved the election of all 8 (7 of whom are independent) of the nominated directors presented in the Company’s Management Information Circular (the “Circular”), dated March 29, 2023. The shares represented at the Annual Meeting voting in favour of individual nominated directors are as follows:Nominee # Votes For % Votes For # VotesWithheld % VotesWithheld  Michael R. Culbert 5,978,402 87.60 845,985 12.40  William T. Donovan 5,596,491 82.01 1,227,896 17.99  Steven W. Krablin 5,562,612 81.51 1,261,775 18.49  Lori A. Lancaster 6,109,265 89.52 715,122 10.48  Susan...

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Progressive Care Inc. Announces Additional $1 Million Investment From NextPlat Corp.

MIAMI, FL, May 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology provider, today announced that it has successfully completed a transaction of $1 million investment from NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat”), a global e-commerce provider. In connection with the $1 million investment, the Company sold to NextPlat 455,000 newly issued Units, with each Unit comprised of one share of the Company’s common stock and one Warrant to purchase a share of common stock and a per Unit purchase price of $2.20. In addition, Charles M. Fernandez, who serves as Chairman and CEO of both Progressive Care and Nextplat, Rodney Barreto, Vice-Chairman of Progressive Care and Director of the Board of NextPlat, and certain...

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Earthstone Energy to Participate in Upcoming Conferences

THE WOODLANDS, May 11, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today its participation in upcoming conferences.TPH&Co. Hotter ’N Hell Energy Conference, May 16 – May 17, 2023Goldman Sachs Eighth Annual Leveraged Finance & Credit Conference, May 22 – May 24, 2023Wells Fargo Energy Conference, May 23 – May 24, 2023Louisiana Energy Conference, May 30 – June 1, 2023RBC Energy Conference, June 6 – June 7, 2023BoA Securities Energy Credit Conference, June 7 – June 8, 2023JP Morgan 2023 Energy, Power and Renewables Conference, June 21 – June 22, 2023The Company plans to use the investor presentation on the homepage of its website as supplemental conference materials. About Earthstone Energy, Inc. Earthstone...

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Liberty Gold Reports Q1 2023 Financial and Operating Results

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the three months ended March 31, 2023. All amounts are presented in United States dollars unless otherwise stated. FIRST QUARTER OF 2023 AND RECENT HIGHLIGHTS At the Black Pine project (“Black Pine”), we:Reported weighted average 86.9% gold extraction1 from 24 metallurgical column leach tests on Rangefront Zone oxide gold mineralization, showing that the Rangefront Zone comprises the most leach-amenable oxide material at Black Pine. Key results include2:Gold extractions ranging from 54.1% to 95.8%. >80% of leachable gold extracted within 10 days.Announced an update to the independent mineral resource (the “Black...

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PhenixFIN Corporation Announces Fiscal Second Quarter 2023 Financial Results

NEW YORK, May 11, 2023 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal second quarter of 2023. HighlightsTotal investment income of $9.6 million and net investment income of $3.4 million for the six months ended March 31, 2023 Net asset value (NAV) of $131.2 million, or $62.70 per share as of March 31, 2023 Redeemed the $22.5 million 6.125% unsecured notes on January 17, 2023 On February 8, 2023, the Board approved the expansion of the current repurchase program from $25 million to $35 million Weighted average yield of 11.8% on debt and other income producing investmentsDavid Lorber, Chief Executive Officer of the Company, stated: “During the quarter we grew NII per share and NAV per share...

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The Keg Royalties Income Fund announces May 2023 cash distribution

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its May 2023 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at May 21, 2023. The May 2023 distribution will be paid on May 31, 2023. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales approaching $700 million,...

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Hammerhead Energy Inc. Announces Record First Quarter 2023 Financial and Operating Results

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) — Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS, HHRS.WT; NASDAQ: HHRS, HHRSW) is pleased to announce record financial and operating results for the first quarter of 2023. The Company continued to progress critical investments in infrastructure expansions that should allow for continuing record performance, achievement of half-cycle economics from new wells and material free cash flow generation going forward. The Company expects its oil production growth rates to exceed total corporate production growth, given the continued strength of the higher liquids-weighted Karr asset, which remains the Company’s key area of focus for development. To date, Hammerhead production operations have not been meaningfully impacted by the wildfires in Alberta. Hammerhead is extremely...

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Kineta Reports First Quarter 2023 Financial Results and Provides Corporate Update

Dosed First Patient in Phase 1/2 Clinical Study of VISTA-Targeting KVA12123 in Advanced Solid Tumors Initial KVA12123 Clinical Data Readout Anticipated by End of 2023 Closed $6 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules SEATTLE, May 11, 2023 (GLOBE NEWSWIRE) — Kineta, Inc. (Nasdaq: KA), a clinical-stage biotechnology company focused on the development of novel immunotherapies in oncology that address cancer immune resistance, announced today financial results for the first quarter of 2023 and provided a corporate “The year began with an exciting start as we opened our first-in-human clinical trial of KVA12123 and dosed our first patient in the Phase 1/2 study in advanced solid tumors. Our team is laser focused on working with clinical partners to enroll patients in this study and report initial...

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