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Day: June 2, 2023

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at May 31, 2023

HOUSTON, June 02, 2023 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of May 31, 2023. As of May 31, 2023, the Fund’s net assets were $388.9 million and its net asset value per share was $8.24. As of May 31, 2023, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 637% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 420%.     Kayne Anderson NextGen Energy & Infrastructure, Inc.Statement of Assets and LiabilitiesMay 31, 2023(Unaudited)    (in...

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Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at May 31, 2023

HOUSTON, June 02, 2023 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of May 31, 2023. As of May 31, 2023, the Company’s net assets were $1.3 billion, and its net asset value per share was $9.47. As of May 31, 2023, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 576% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 418%.Kayne Anderson Energy Infrastructure Fund, Inc.Statement of Assets and LiabilitiesMay 31, 2023(Unaudited)    (in millions)Investments   $ 1,760.6  Cash...

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Atlas Global Announces Changes to Canadian Operations

CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, June 02, 2023 (GLOBE NEWSWIRE) — Atlas Global Brands Inc. (“Atlas Global”, or the “Company”) (CSE: ATL), a cannabis company with expertise across the value chain, continues to focus on cost reductions, savings and production efficiencies. In furtherance of those objectives, the Company will cease operations at its facility in Gunn, Alberta and liquidate the assets of its direct and indirect wholly-owned subsidiaries operating the site. Approximately 50 employees have been impacted by this decision. All packaging activities have been relocated to the Company’s facility in Chatham, Ontario, which now serves as the Company’s Canadian hub for the processing of domestic and EU GMP flower and oils for international markets, enabling centralized manufacturing and maximizing production capabilities. Also,...

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Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Second Quarter Common Stock Distribution of $0.1217 Per Share

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1217 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on June 27, 2023 to stockholders of record at the close of business on June 12, 2023 (ex-dividend on June 8, 2023). The price of shares issued for reinvestment will be determined on June 20, 2023. The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of 1.50% of the rolling...

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Churchill Downs Racetrack to Suspend Racing Operations to Thoroughly Examine Safety Measures

Remainder of Spring Meet will be Relocated to Ellis Park LOUISVILLE, Ky., June 02, 2023 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or the “Company”) (Nasdaq: CHDN) announced today that the Company will suspend racing operations at Churchill Downs Racetrack (“Churchill Downs”) beginning June 7, 2023, through the remainder of the Spring Meet, scheduled to run to July 3. Live racing at Churchill Downs will be conducted as scheduled this weekend on Saturday, June 3 and Sunday, June 4. The remainder of the race meet will be relocated to Ellis Park Racing & Gaming (“Ellis Park”) in Henderson, Kentucky, beginning on Saturday, June 10. Churchill Downs Racetrack has seen an unusual number of horse injuries over the previous month resulting in 12 equine fatalities. Following a thorough internal review and concurrent investigations...

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Reflex Announces Annual General Meeting Voting Results

VANCOUVER, British Columbia, June 02, 2023 (GLOBE NEWSWIRE) — Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) (“Reflex” or the “Company”) is pleased to announce that all of the resolutions put to shareholders at the Company’s Annual General Meeting (the “Meeting”) held on June 1, 2023, including:the resolutions electing each of the Company’s four nominees as directors of the Company; the resolutions approving the Company’s equity incentive plan and ratifying the awards previously issued thereunder; and the resolution appointing Smythe LLP, Chartered Professional Accountants, to serve as auditor of the Company at the remuneration set by the directors,were unanimously approved by the shareholders of the Company at the Meeting. A total of 4,831,301 (11.4%) of Reflex’s common shares were represented at the Meeting. About...

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Blockmate Ventures Announces Private Placement Capital Raising

VANCOUVER, British Columbia, June 02, 2023 (GLOBE NEWSWIRE) — Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“Blockmate” or the “Company”) is pleased to announce that it intends to issue, by way of a non-brokered private placement, common shares of the Company (“Common Shares”) at a purchase price of at a price of $0.05 per Unit (the “Offering Price”) for gross proceeds of up to $800,000 (representing 16,000,000 units). Each “Unit” consists of one common share, and one common share purchase warrant exercisable to acquire a further common share at a price of $0.075 within 36 months of the Closing Date. Blockmate expects the Offering to close on or about June 9, 2023 (the “Closing Date”). The net proceeds of the Offering will be for general working capital and no commission, finder’s fee...

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Azucar Reports Receipt of Order from Mexico’s Ministry of Economy regarding the El Cobre Project, Veracruz, Mexico

VANCOUVER, British Columbia, June 02, 2023 (GLOBE NEWSWIRE) — Azucar Minerals Ltd. (“Azucar” or the “Company”) (TSX-V: AMZ; OTCQB: AXDDF) reports that it has received a communication (“the “Communication”) from the Directorate General of Mining (“DGM”) within Mexico’s Ministry of the Economy (“Economia”) describing an injunction that has been placed on Economia by the First District Court of Veracruz (“First District Court”), in respect of twenty-four mineral concessions in Veracruz including mineral concessions (the “Concessions”) which cover the El Cobre project. The three-page Communication indicates that in 2022 an amparo lawsuit was filed before the First District Court by thirty-three people (the “Plaintiffs”) relating to their rights to water and a clean environment amongst other things, as well as...

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Certara to Participate in the Jefferies Global Healthcare Conference

PRINCETON, N.J., June 02, 2023 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), a global leader in biosimulation, today announced that Company management will participate in the Jefferies Global Healthcare Conference. Company management will present at 1:30PM ET on Wednesday, June 7th, 2023. A live webcast of the event will be available on Certara’s investor relations website at https://ir.certara.com and will be available for replay for at least 90 days thereafter. About CertaraCertara accelerates medicines using proprietary biosimulation software, technology and services to transform traditional drug discovery and development. Its clients include more than 2,000 biopharmaceutical companies, academic institutions and regulatory agencies across 62 countries. Investor Relations Contact:David DeuchlerGilmartin Groupir@certara.com Media...

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ORIC Pharmaceuticals Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

SOUTH SAN FRANCISCO and SAN DIEGO, June 02, 2023 (GLOBE NEWSWIRE) — ORIC Pharmaceuticals, Inc. (Nasdaq:ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced that on June 1, 2023 (the “Grant Date”), ORIC granted a total of 3,380 non-qualified stock options and 560 restricted stock units to one new non-executive employee who began their employment with ORIC in May 2023. These inducement grants were granted pursuant to the ORIC Pharmaceuticals, Inc. 2022 Inducement Equity Incentive Plan, subject to recipient’s continued employment or service through each applicable vesting date. The stock options have an exercise price equal to the closing price of ORIC’s common stock on the Grant Date. Twenty-five percent (25%) of the shares subject to the stock...

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