HEMPSANA Announces Q4 and Fiscal 2022 Financial Results

Written by Customer Service on June 15, 2023. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — Hempsana Holdings Ltd. (the “Company” or “Hempsana”) today announced fourth quarter and annual financial results for the twelve-month period ended December 31, 2022. Randy Ko, Hempsana’s CEO commented: “Given the challenges we faced, I am encouraged by our results in 2022. The Cannabis industry underwent rationalization and pricing pressures intensified. This further weakened our balance sheet and strained our financial resources. In response to these challenges, we will continue to keep our costs and cash utilization to a minimum with and continue to focus on accelerating revenue growth and deliver new, unique...

Nevada Copper Provides Positive Operational Update

Written by Customer Service on June 15, 2023. Posted in Public Companies.

Significant Surface Ore Stockpile Increasing Significant Surface Ore Stockpile Increasing Key Ventilation Raise Commissioned Key Ventilation Raise Commissioned Key Ventilation Project Completed, Significant Ore Stockpile and Mill Restart Preparation YERINGTON, Nev., June 15, 2023 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) provides an update on progress of its operating restart activities at its Pumpkin Hollow underground copper mine (the “Underground Mine”). Randy Buffington, President and CEO of Nevada Copper, stated, “We are extremely pleased with the accelerating progress as we prepare for the near-term commencement of processing operations and concentrate production.” Key Operational Updates Development Mining Progressing Ahead of Schedule – as previously...

Structurlam Closes US$83.5 Million Sale to Mercer

Written by Customer Service on June 15, 2023. Posted in Mergers And Acquisitions.

PENTICTON, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) — Structurlam Mass Timber Corporation (the “Company”), the leading mass timber manufacturer in North America, announced today it has closed on the sale of substantially all its assets to Mercer International Inc. (“Mercer”) for US$83.5 million. The Company had previously announced in April it had entered into a stalking horse asset purchase agreement (“Stalking Horse APA”) with Mercer for US$60 million in connection with the Company filing for chapter 11. The Stalking Horse APA was subject to higher and otherwise better bids as part of a chapter 11 auction which was conducted on May 23, 2023. After several rounds of bidding, the Company declared Mercer’s revised US$83.5 million bid to be the winner and received U.S. court approval of the sale during the sale hearing conducted...

Blue Moon Announces Closing of Strategic Financing

Written by Customer Service on June 15, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) — Blue Moon Metals Inc. (TSXV: MOON; OTCQB: BMOOF) (the “Company”) announces it has closed a non-brokered private placement offering of common shares for proceeds of $500,240. The financing was priced at $0.065 per common share. The proceeds of the financing will be used for the Company’s Blue Moon project, including an updated mineral resource report and other work to advance and maintain the project. The proceeds will also be used for working capital and the review of other opportunities. There were no warrants and no finders’ fees associated with the financing. The shares issued pursuant to the financing are subject to a four month hold period. About Blue Moon Metals Blue Moon Metals is advancing its Blue Moon polymetallic deposit which contains zinc, gold, silver and...

JOLT HEALTH INC. ANNOUNCES FINANCING

Written by Customer Service on June 15, 2023. Posted in Public Companies.

VANCOUVER, BC, CANADA, June 15, 2023 (GLOBE NEWSWIRE) — Jolt Health Inc. (“JOLT” and or “the Company”) (CSE:JOLT) (FSE: G1Q0) announced it is undertaking a non-brokered private placement of up to $400,000. The Company will issue up to 27,972,028 units at a price of $0.0143 per unit. Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for a period of 2 years from the date of closing at a price of $0.05, subject to the Corporation’s option to accelerate the expiry date if the stock trades at $0.15 for 10 trading days. Jolt intends to use the net proceeds of the Offering for general working capital and to review possible acquisitions. The Company may pay qualified finders fees consisting of 8% in cash and 8% in brokers warrants. About...

New Mexico Water Service Receives NMPRC Approval to Acquire Monterey Water Company

Written by Customer Service on June 15, 2023. Posted in Mergers And Acquisitions.

SAN JOSE, Calif., June 15, 2023 (GLOBE NEWSWIRE) — (NYSE: CWT) — The New Mexico Public Regulation Commission has given approval for New Mexico Water Service (New Mexico Water) to acquire the assets of Monterey Water Company (Monterey), paving the way for New Mexico Water to close the purchase and provide regulated water utility service to Monterey’s customers. The acquisition remains subject to customary closing conditions and is expected to close this summer. Upon closing, New Mexico Water—a subsidiary of California Water Service Group (Group)—will own and operate the water system, which is less than a half-mile from New Mexico Water’s Rio Del Oro system. The Monterey system, which will become part of the Rio Del Oro service area, currently serves 380 residential customers; about 100 undeveloped lots could also be served in the...

Ensurge Micropower ASA – Key information relating to possible repair issue/subsequent offering

Written by Customer Service on June 15, 2023. Posted in Public Companies.

Oslo, 16 June 2023 Reference is made to the stock exchange notice from Ensurge Micropower ASA (“Ensurge” or the “Company”) on 15 June 2023 regarding a private placement of shares in the Company raising approximately NOK 48.4 million at a subscription price of NOK 0.10 per share (the “Private Placement”) and a possible subsequent offering, raising up to NOK 20 million, at the same subscription price as in the private placement (the “Subsequent Offering”), subject to approval by an Extraordinary General Meeting to be held on or about 10 July 2023. Date on which the terms and conditions of the repair issue were announced: 15 June 2023;Last day including right: 15 June 2023;Ex-date: 16 June 2023; Record date: 19 June 2023;Date of approval: Expected to be on or about 10 July 2023 by resolution...

Mercer International Inc. Announces the Completion of the Acquisition of Structurlam Mass Timber Assets

Written by Customer Service on June 15, 2023. Posted in Mergers And Acquisitions.

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) — Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) today announced that it has completed the previously-announced acquisition of substantially all of the assets of Structurlam Mass Timber Corporation and its subsidiaries. Mercer International Inc. is a global forest products company with operations in Germany, the USA and Canada with consolidated annual production capacity of 2.3 million tonnes of pulp, 960 million board feet of lumber, 140 thousand cubic meters of cross-laminated timber, 17 million pallets and 150,000 metric tonnes of wood pellets. To obtain further information on the company, please visit its web site at https://www.mercerint.com. The preceding includes forward looking statements which involve known and unknown risks and uncertainties,...

ERES REIT Declares June 2023 Monthly Distribution

Written by Customer Service on June 15, 2023. Posted in Dividend Reports And Estimates.

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the June 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “June Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on June 30, 2023, with payment on July 17, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01431 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

CAPREIT Announces June 2023 Distribution

Written by Customer Service on June 15, 2023. Posted in Dividend Reports And Estimates.

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its June 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The June distribution will be payable on July 17, 2023 to Unitholders of record on June 30, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at March 31, 2023, CAPREIT owns approximately 66,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information about CAPREIT, its business...

Day: June 15, 2023

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