Day: June 26, 2023
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TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce the closing of $3,300,000 of gross proceeds from the first tranche of a non-brokered private placement of units (the “Offering”). The Company will accept further investor commitments for the Offering, up to a maximum of $4,000,000 of gross proceeds.
The Offering consists of a non-brokered private placement of up to 20,000,000 units (each, a “Unit”) at a price of $0.20 per Unit for gross proceeds of up to $4,000,000. The Company has closed today on $3.3 million of Units. Each Unit is comprised of...
Kinross announces US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has priced an offering of debt securities consisting of US$500 million aggregate principal amount of 6.250% senior notes due 2033. The notes will be senior unsecured obligations of Kinross and will be unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements. The offering is expected to close on July 5, 2023, subject to customary closing conditions. Kinross intends to use the net proceeds from the offering to redeem all US$500 million aggregate principal of its outstanding 5.95% senior notes due 2024 (the “2024 Notes”).
As of the date of this news release, Kinross has not issued a notice of redemption in respect...
B2Gold Announces Voting Results from its 2023 Annual General and Special Meeting
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders (the “Meeting”) held on Friday, June 23, 2023. A total of 950,464,631 common shares were voted at the Meeting, representing 73.46% of the votes attached to all outstanding common shares.
Shareholders voted overwhelmingly in favour of all items of business before the Meeting. The nine director nominees listed in B2Gold’s Management Information Circular (“the “Circular”) dated May 15, 2023, were elected as directors of B2Gold to hold office for the ensuing year or until their successors are elected or appointed. Detailed results of the vote for each director are set out below:Name
Total...
Cradlepoint Introduces Zero Trust Solution for Cellular IoT Deployments
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Cellular router paired with comprehensive security service and connect-and-go ease enables lean IT organisations to manage large IoT installations
MELBOURNE, Australia, June 27, 2023 (GLOBE NEWSWIRE) — Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, today announced the launch of the S700, a multipurpose IoT router designed to provide a rich zero trust security service to enterprise customers. Coupled with Cradlepoint NetCloud Exchange Secure Connect, the S700 provides a comprehensive cloud-managed network solution to safeguard IoT devices as today’s attack surface expands and adversaries increasingly target connected devices.
There are an estimated 41.76 billion IoT devices that exist globally in 2023. With shipments of these devices expected to grow at 18% annually, IoT solutions are...
Wallbridge Mining Delivers Positive Preliminary Economic Assessment for the Fenelon Gold Project in Quebec
Written by Customer Service on . Posted in Public Companies.
Figure 1.
Project After-Tax Cash FlowFigure 2.
Production ProfileFigure 3.
LOM schematicFigure 4.
Process Flow SheetFigure 5.
Fenelon Location MapFigure 6.
Mine SiteTable 6:
Fenelon Deposit Mineral Resource EstimateWEBCAST TO BE HELD ON JUNE 27, 2023 @ 10:00 AM EST.To join the webinar, register here
TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to report positive results from the Preliminary Economic Assessment (“PEA”) completed on its still growing, 100%-owned Fenelon gold project (“Fenelon” or the “Project”) located in the Abitibi Greenstone Belt, along the Detour-Fenelon Gold Trend, Quebec (Table 1).
Tony Makuch, Chairman of Wallbridge, stated:
“Projects such as Fenelon, with a projected annual production...
West Red Lake Gold Grants Equity Incentive Awards
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VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV:WRLG) (OTCQB: WRLGF) announces the grant of stock options, restricted share units (“RSUs”) and deferred share units (“DSUs”) in accordance with the Company’s stock option plan, and its RSU and DSU Plan.
Directors and Officers of the Company were granted an aggregate of 3,800,000 stock options vesting over a three year period with 25% vesting in 3 months from the grant date and 25% vesting on the first, second and third anniversary of the grant date at an exercise price of $0.62 and will be exercisable for a 5 year period.
In addition, 1,030,000 RSUs were granted to Officers of the Company and 600,000 DSUs were granted to Directors. The RSUs will vest over three years in three equal...
Clairvest Reports Fiscal 2023 Fourth Quarter and Year End Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORONTO, June 26, 2023 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fourth quarter and year ended March 31, 2023 and events which occurred subsequent to year end. (All figures are in Canadian dollars unless otherwise stated)
HighlightsMarch 31, 2023 book value was $1,217.7 million or $81.05 per share compared with $1,231.6 million or $81.97 per share as at December 31, 2022 and $1,179.1 million or $78.33 per share as at March 31, 2022
Net income for fiscal 2023 was $52.4 million or $3.48 per share, net loss for the fourth quarter was $13.8 million or $0.92 per share as the fair value of certain investments declined
Clairvest and Clairvest Equity Partners VI (“CEP VI”) invested in two new platforms: Boca Biolistics, our second investment in the life sciences space, and Bluetree Dental, our...
AutoZone Announces Leadership Transition Plan
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William C. Rhodes, III, to Transition from Chairman, President and Chief Executive Officer to Executive Chairman Effective January 2024; Philip B. Daniele, III, Executive Vice President of Merchandising, Marketing and Supply Chain is additionally named Chief Executive Officer – Elect
MEMPHIS, Tenn., June 26, 2023 (GLOBE NEWSWIRE) — AutoZone (NYSE: AZO) today announced Bill Rhodes’ decision to relinquish his positions as President and Chief Executive Officer (CEO) effective January 2024. He will become Executive Chairman of the Board. Philip B. Daniele, III, age 54, a 29-year AutoZoner and currently Executive Vice President Merchandising, Marketing and Supply Chain, has been selected to succeed Rhodes as CEO in January 2024 and he will also become a member of the Board of Directors.
“On behalf of the Board of Directors, I...
Andes Technology Unveils the Annual Andes RISC-V CON, Scheduled for June 27th at the San Jose Airport DoubleTree Hotel
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RISC-V: Redefining AI’s Future in Automotive, Data Center, Communications, and IoT
San Jose, June 26, 2023 (GLOBE NEWSWIRE) — Andes Technology Corporation (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099), a leading supplier of high efficiency, low-power 32/64-bit RISC-V processor cores and Founding Premier member of RISC-V International, announces its annual Andes RISC-V CON on June 27th at the San Jose Airport DoubleTree Hotel. In 2023, the reputable conference in the RISC-V field will focus on the theme of “RISC-V: Redefining AI’s Future in Automotive, Data Center, Communications, and IoT.” The event serves as a nexus for eminent experts, accomplished researchers, and prominent industry leaders to engage in insightful discussions regarding the latest breakthroughs in RISC-V, and the total number of...
Minerals Technologies Inc. Announces Plan to Exit Talc Business
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NEW YORK, June 26, 2023 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that its subsidiary, Barretts Minerals Inc. (“BMI”), will exit the talc business. This decision comes at the conclusion of a strategic review of the BMI business, including a thorough evaluation of its fit with the Company’s long-term priorities amidst the backdrop of a talc-related litigation environment. In 2022, BMI’s talc net sales were approximately $57 million and represented 2.7 percent of the Company’s consolidated revenue.
To facilitate this decision, BMI is now exploring structural alternatives, including a potential sale of talc assets, and has engaged Jefferies LLC to manage the divestment process. BMI has active mine sites and claims in Montana and manufacturing facilities in Montana and Texas....