Day: June 12, 2023

Jourdan Closes First Tranche of Flow-Through Private Placement Financing

Jourdan Closes First Tranche of Flow-Through Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 12, 2023 (GLOBE NEWSWIRE) — JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its first tranche of a previously announced non-brokered private placement financing of common shares of the Company issued on a flow-through basis (each, a “Flow-Through Share”) at a price of $0.08 per Flow-Through Share (the “Offering”) for gross proceeds of $500,000 (the “First Tranche”). For more information about the Offering, please see the Company’s press release dated March 24, 2023, which is available under the Company’s profile on SEDAR at www.sedar.com. Pursuant to the First Tranche, Jourdan issued 6,250,000 Flow-Through Shares at a price of $0.08 per share, each of which...

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RecycLiCo Grants Stock Options

RecycLiCo Grants Stock Options

SURREY, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) — RecycLiCo Battery Materials Inc. (“RecycLiCo or the “Company”), (TSX.V: AMY; OTC-US: AMYZF; FSE: ID4), reports that the Company has granted 5,200,000 incentive stock options to certain of its directors, officers, and employees. The options are exercisable at a price of $0.48 per share for a five-year term. Any shares issued on the exercise of these stock options will be subject to a four- month holding period from the date of the grant. About RecycLiCo RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. RecycLiCo has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly...

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LGI Homes Opens New Community in Houston Market

LGI Homes Opens New Community in Houston Market

The Jasper Plan by LGI Homes at Sweetwater Ridge in Conroe features four bedrooms, two bathrooms and a large outdoor patio. LGI Homes announces the grand opening of Sweetwater Ridge in Conroe, a community of new, move-in ready homes with designer upgrades included. CONROE, Texas, June 12, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of their new project Sweetwater Ridge. LGI Homes is building and selling 212 single-family homes in the first section of this 1,184-lot community. Sweetwater Ridge is in a premier location, with incredible family friendly attractions. “We are excited to open Sweetwater Ridge in the fast-growing Conroe area. With pricing starting in the low-$200s, we believe we are well positioned to meet the demand for affordable new homes,” said Zach Walden, VP of Sales for...

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Iterum Therapeutics to Present Data at ASM Microbe 2023

Iterum Therapeutics to Present Data at ASM Microbe 2023

DUBLIN, Ireland and CHICAGO, June 12, 2023 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the Company), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that three posters will be presented at ASM Microbe 2023 conference. The hybrid conference will be held from June 15-19 at the George R. Brown Convention Center in Houston, TX. Data to be presented include: Presentation title: β-Lactamase Characterization of Baseline Enterobacterales Pathogens from a Phase 3 Trial of Sulopenem for the Treatment of Uncomplicated Urinary Tract Infection Presentation type/category: P002-AAR01 Surveillance of antimicrobial resistance in clinical isolates; β-lactamases...

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Diversified Royalty Corp. Announces Filing of Preliminary Short Form Base Shelf Prospectus

Diversified Royalty Corp. Announces Filing of Preliminary Short Form Base Shelf Prospectus

VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) announced today that it has filed, and received receipt for, a preliminary short form base shelf prospectus (the “Prospectus”). The Prospectus was filed with the securities regulatory authorities in each of the Provinces and Territories of Canada. DIV’s prior short form base shelf prospectus dated May 11, 2021, expired on June 11, 2023. Accordingly, the Prospectus was filed to continue to provide DIV with financial flexibility and efficient access to Canadian capital markets to pursue strategic initiatives, which may include acquisitions of additional royalties. A copy of the Prospectus is available under DIV’s profile on SEDAR at www.sedar.com. Once a receipt for the final Prospectus is received...

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Allied Announces Conversion to an Open-End Trust

Allied Announces Conversion to an Open-End Trust

TORONTO, June 12, 2023 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has completed its conversion from a “closed-end” trust to an “open-end” trust. Unitholders approved the conversion of Allied to an open-end trust and certain amendments to the declaration of trust of Allied (the “Declaration of Trust”) at a meeting of Unitholders held on May 2, 2023. The approval was conditional upon the receipt of a satisfactory advance income tax ruling from the Canada Revenue Agency, which Allied received on June 1, 2023. The conversion of Allied to an open-end trust and the amendments to the Declaration of Trust are described in the management information circular of Allied dated March 21, 2023, which is available at www.sedar.com. ABOUT ALLIED Allied is a leading operator...

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Aegion Announces Acquisition of Standard Pipe Services

Aegion Announces Acquisition of Standard Pipe Services

The North American Leader in Technology-Enabled Water Solutions Expands Service Footprint in the Delaware-Maryland-Pennsylvania Tri-State Area ST. LOUIS, June 12, 2023 (GLOBE NEWSWIRE) — Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Standard Pipe Services, a preferred provider of trenchless repair services throughout the Delaware-Maryland-Pennsylvania tri-state area. Standard Pipe Services employees and facilities will remain in place in Delaware operating under the Insituform name. In 1999, Mark Schneider acquired a small, three-person sanitary sewer rehabilitation company called Tri-State Grouting. Since then, the company’s service offerings have evolved over the last four decades to include Cured in Place Pipe, grouting,...

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The Sustainable Green Team, LTD. Files Form 10-12G, Shares Results from its Annual Shareholder Meeting, and Expands Executive Team

The Sustainable Green Team, LTD. Files Form 10-12G, Shares Results from its Annual Shareholder Meeting, and Expands Executive Team

Orlando, FL, June 12, 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 announced today that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form 10-12G (the “Form-10”), shares results from their June 9, 2023 first Annual Shareholder Meeting (the “Meeting”), and expands executive team. Form-10 Filing The Form 10 has been filed on June 12, 2023, utilizing the Company’s Fiscal 2022 YE audited financials, and period ended March 31, 2023 financials This registration statement is expected to become effective automatically sixty (60) days from the date of the original filing (the “Effective Date”), pursuant to Section 12(g)(1) of the...

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VAALCO Energy, Inc. Announces Participation in Water Tower Research Fireside Chat on June 14

VAALCO Energy, Inc. Announces Participation in Water Tower Research Fireside Chat on June 14

HOUSTON, June 12, 2023 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (“WTR”) on June 14, 2023 at 11:00 AM Eastern. As part of WTR’s ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with George Maxwell, VAALCO’s Chief Executive Officer and Director. Included in the discussion will be a variety of important topics, including the transformational combination with TransGlobe in late 2022 and the ongoing opportunities across its portfolio of assets in Gabon, Egypt, Equatorial Guinea and Canada, potential acquisition opportunities, and the Company’s growing cash flow position and strong balance sheet, and management’s strategy to supporting sustainable...

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Canadian General Investments, Limited Redeems $75 Million Class A Preference Shares, Series 4 Funded by Margin Borrowing

Canadian General Investments, Limited Redeems $75 Million Class A Preference Shares, Series 4 Funded by Margin Borrowing

TORONTO, Canada, June 12, 2023 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (CGI or the Company) (TSX: CGI) (LSE: CGI) today completed the previously announced redemption of its $75,000,000 3.75% Cumulative Redeemable Class A Preference Shares, Series 4. This redemption was in accordance with the terms of the Series 4 shares. The aggregate amount of $75,685,800 (including accrued and unpaid dividends from March 15, 2023 to, but excluding, June 12, 2023) was funded primarily through margin borrowing pursuant to a prime brokerage services agreement the Company had entered into with a Canadian chartered bank in 2021. CGI has engaged in a leverage strategy since its first issuance of Class A preference shares in 1998 with the intent to enhance returns to common shareholders. As at June 12, 2023, the total leverage of $175...

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