Day: June 19, 2023

Pulse Oil Corp. Announces Change of Auditor

Written by Customer Service on June 19, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Pulse Oil Corp., (“Pulse” or the “Company”) (TSX-V: PUL) announces that management has changed its auditor from Manning Elliott LLP (“Manning Elliott”) to MNP LLP (“MNP”) located in Calgary, Alberta, effective as at June 6, 2023. The change in auditor is at the request of the Company and has been approved by the Company’s board of directors and its audit committee. There have been no reservations or modified opinions in the reports of Manning Elliott on the Company’s financial statements relating to the period during which Manning Elliott was the Company’s auditor nor have there been any reportable events for disagreements or consultations or any unresolved issues (as those terms are defined in NI 51-102). In compliance with applicable regulatory requirements...

Hudbay to Acquire Rockcliff to Consolidate the Snow Lake Camp

Written by Customer Service on June 19, 2023. Posted in Mergers And Acquisitions.

TORONTO, June 19, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Rockcliff Metals Corp. (“Rockcliff”) (CSE: RCLF, OTCQB: RKCLF) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which Hudbay will acquire 100% of the issued and outstanding common shares of Rockcliff that it does not already own (the “Arrangement”). Under the Arrangement Rockcliff shareholders will receive 0.006776 of a Hudbay common share for each Rockcliff common share held, representing an attractive premium to Rockcliff’s recent trading price. The enterprise value to Hudbay, net of Rockcliff’s cash, is approximately US$13 million. Ken Lapierre, Interim President, Chief Executive Officer and Director of Rockcliff, comments, “We are delighted that Hudbay views Rockcliff...

Essential Energy Services Announces Executive Changes

Written by Customer Service on June 19, 2023. Posted in Public Companies.

CALGARY, Alberta, June 19, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces the following executive changes effective immediately:Ms. Laura Ingram, currently Controller, has been appointed Chief Financial Officer; and Mr. Jeff Newman, currently Chief Financial Officer, has been appointed Senior Vice President.Ms. Ingram joined Essential in 2020 as Controller. She has over 15 years of financial and business experience, including four years in public practice and seven years with a publicly traded oilfield service company. Ms. Ingram has strong financial and business acumen and fostered excellent operational relationships since joining Essential. She has proven to be an excellent leader and mentor to her team. Ms. Ingram holds a Certified Professional Accountant (CPA,...

A$30 Million Cash Sale Agreed for Western Lithium Ltd

Written by Customer Service on June 19, 2023. Posted in Mergers And Acquisitions.

SYDNEY, Australia, June 19, 2023 (GLOBE NEWSWIRE) — Lithium Power International Limited (ASX: LPI) (LPI or the Company) is pleased to announce that it has entered into a binding agreement to sell its wholly-owned Australian subsidiary, Western Lithium Ltd (WLI) (100% owner of a number of tenements, including through its subsidiary, CMC Lithium Pty Ltd, in Western Australia) to Albemarle Lithium Pty Ltd (an Australian subsidiary of Albemarle Corporation). The transaction involves Albemarle Lithium Pty Ltd acquiring 100% of WLI’s shares (which had been in the process of being spun-off by LPI into a separate company with the intention of listing that vehicle on the ASX). The sale agreement is an all cash-for-shares transaction amounting to AUD$30,000,000 (thirty million Australian dollars), subject to a customary price adjustment...

Liberty Gold Reports Additional High-Grade Drill Results from the Black Pine Oxide Gold Project, Idaho

Written by Customer Service on June 19, 2023. Posted in Public Companies.

BLACK PINE OXIDE GOLD PROJECT DRILL RESULTS MAP BLACK PINE OXIDE GOLD PROJECT DRILL RESULTS MAP3.74 g/t Au over 21.3 m including 15.85 g/t Au over 3.0 m in LBP906 from the Discovery Zone 3.28 g/t Au over 10.7 m and 0.52 g/t Au over 51.8 m in LBP893 from the CD-Tallman Zone 0.80 g/t Au over 29.0 m in LBP884 from the M Zone VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to report new assay results from drilling completed under the 2023 Reverse Circulation (“RC”) exploration program at its Black Pine Oxide Gold Project (“Black Pine”) in southeastern Idaho. Liberty Gold has now completed approximately 15,000 metres (“m”) of the planned 32,000 m of RC drilling for the year. A third RC rig was added in June to accelerate drill...

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

Written by Customer Service on June 19, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, June 19, 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 final 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. The Prospectus is valid for a 25-month period during...

Automotive Finco Corp. Announces Annual Cash Dividends

Written by Customer Service on June 19, 2023. Posted in Dividend Reports And Estimates.

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, June 19, 2023 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) announces a change to the frequency of its dividend distributions from semi-annual to annual. The Company intends to pay dividends at the end of December 2023 at the same effective rate of $0.205/annum per common share. On March 3, 2023, the Company announced a change to the frequency of its dividend distributions from monthly to semi-annual to align with expected cash flow from its current loan investment of $21 mm, announced on November 18, 2022. Pursuant to the loan agreement, the borrower elected to...

Altus Group Announces Second Quarter 2023 Dividend

Written by Customer Service on June 19, 2023. Posted in Dividend Reports And Estimates.

TORONTO , June 19, 2023 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate, announced today that the Board of Directors has approved the payment of a cash dividend of $0.15 per common share for the second quarter ending June 30, 2023. Payment will be made on July 17, 2023 to common shareholders of record as at June 30, 2023. Altus Group’s Dividend Reinvestment Plan (“DRIP”) permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the Company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to issue common shares from treasury at a price equal to 96% of the weighted average closing price of the shares for the five trading days preceding...

Stallion Discoveries Geophysical Survey in Interpretation Phase

Written by Customer Service on June 19, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Stallion Discoveries Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: HM4) is pleased to announce that Geotech Ltd. (Geotech) has completed processing the data from the VTEM™ Plus electromagnetic (EM) and magnetic survey that covered all of Stallion’s 100% owned 78,831 hectares in the Athabasca Basin, Saskatchewan. Stallion has engaged Condor North Consulting ULC (“Condor”) to interpret the survey data, as previously announced on April 27th. Condor has now begun this interpretation work, which includes a full range of services for processing, modeling, and analysis of geophysical data. The team has extensive experience in all aspects of geophysics and works with clients to integrate geoscience data into a coherent project...

TerrAscend Receives Regulatory Approval for Acquisition of Peninsula Alternative Health

Written by Customer Service on June 19, 2023. Posted in Mergers And Acquisitions.

Closing on track to occur before the start of Maryland’s adult use program on July 1st As a $14M revenue run rate medical dispensary, this 8,500 square foot location near the border of Delaware, with no other dispensaries within a 25 mile radius, is expected to quickly become one of TerrAscend’s top performing locations nationwide US$22 million transaction, including minimal US$1.5 million cash component, to be immediately accretive on an EBITDA and cashflow basis TORONTO, June 19, 2023 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced it has received regulatory approval from the Maryland Cannabis Administration (MCA) for the acquisition previously announced on June 8, 2023, of Derby 1, LLC (d/b/a “Peninsula...

Day: June 19, 2023

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