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Month: June 2023

The Supreme Court of British Columbia has approved Hudbay’s Plan of Arrangement with Copper Mountain

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Copper Mountain Mining Corporation (“Copper Mountain”) (TSX: CMMC) (ASX: C6C) are pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia) pursuant to which Hudbay will acquire all of the issued and outstanding common shares of Copper Mountain (the “Transaction”). The Transaction remains subject to the satisfaction of certain other customary closing conditions for transactions of this nature. The Toronto Stock Exchange has conditionally approved the listing of the Hudbay common shares to be issued in connection with the Transaction, and the requisite regulatory approval for the Transaction under...

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dLocal engages with Argentine authorities and announces further investments in the country

MONTEVIDEO, Uruguay, June 15, 2023 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal,” the “Company,” “we,” “us,” and “our”) (Nasdaq: DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced that the Company had a constructive engagement with senior representatives of the Argentine federal government to discuss, among other matters, the manner in which dLocal operates in the country, including dLocal’s compliance with foreign exchange regulations. The government representatives understood the importance of the services that dLocal provides in Argentina, the way in which dLocal promotes financial inclusion in the country and appreciated dLocal’s proactive engagement and willingness to cooperate with applicable administrative and judicial authorities...

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Fat Projects Acquisition Corp. Confirms Funding to Extend Period to Consummate Initial Business Combination to July 15, 2023

Filed by Fat Projects Acquisition Corp pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 Subject Company: Fat Projects Acquisition Corp SEC File No.: 001-40755 SINGAPORE, June 15, 2023 (GLOBE NEWSWIRE) — Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today the deposit into the Company’s trust account of an aggregate of $24,279.65 representing $0.05 per share for each of its 485,593 outstanding publicly held Class A ordinary shares. The deposit enables the Company to extend the period of time it has to consummate its initial business combination by one month from June 15, 2023 to July 15, 2023 (the “Extension”). The Extension is the third of up to nine one-month extensions...

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Clene’s CNM-Au8® Shows Statistically Significant Difference in Plasma Neurofilament Light (NfL) levels in the HEALEY ALS Platform Trial

CNM-Au8® treatment demonstrated significantly reduced plasma neurofilament light chain (NfL) levels compared to placebo at 24 weeks (p=0.04) Clene plans to discuss the totality of the survival and time-to-event results from the full CNM-Au8 clinical data set, including the plasma NfL biomarker data, at an upcoming FDA meeting to accelerate the path toward approvalSALT LAKE CITY, June 15, 2023 (GLOBE NEWSWIRE) — Clene Inc. (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary, Clene Nanomedicine, Inc., a clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative diseases, today reported new data demonstrating a statistically significant reduction of plasma neurofilament light chain (NfL) levels for CNM-Au8® treated participants compared to placebo after...

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Anfield Energy Announces C$5 Million Financing

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 VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) — Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc., on behalf of a syndicate of agents (collectively, the “Agents”), who have agreed to sell, on a commercially reasonable efforts private placement basis, 90,909,090 units of the Company (“Units”) at a price of C$0.055 per Unit (the “Offering Price”), for aggregate gross proceeds of C$4,999,999.95 (the “Offering”). Each Unit will be comprised of one common share in the capital of the Company (a “Share”) plus one-half...

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7GC & Co. Holdings Inc. Announces Postponement of its Special Meeting of Stockholders and Extension of Redemption Date

SAN FRANCISCO, June 15, 2023 (GLOBE NEWSWIRE) — 7GC & Co. Holdings Inc. (NASDAQ: VII) (the “Company”) today announced that the special meeting of stockholders (the “Meeting”), which was originally scheduled for June 20, 2023, is being postponed to 12:00 p.m. Eastern Time on June 26, 2023. The Meeting is for stockholders to consider amending the Company’s amended and restated certificate of incorporation (“Extension Amendment”) to extend the date by which the Company must complete a business combination from June 28, 2023 to December 28, 2023 or such earlier date as determined by the board of directors of the Company (the “Extension”). The record date for the Meeting to vote on the Extension remains the close of business on May 16, 2023 (the “Record Date”). Stockholders who have previously submitted their proxy or otherwise...

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Tecnoglass Announces Second Quarter 2023 Dividend

Barranquilla, Colombia, June 15, 2023 (GLOBE NEWSWIRE) — Tecnoglass, Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly dividend of $0.09 per share, or $0.36 per share on an annualized basis, for the second quarter of 2023. The dividend will be paid on July 31, 2023 to shareholders of record as of the close of business on June 30, 2023. About Tecnoglass Tecnoglass Inc. is a leading producer of architectural glass, windows, and associated aluminum products serving the multi-family, single-family, and commercial end markets. Tecnoglass is the second largest glass fabricator serving the U.S. and...

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Ready Capital Corporation Declares Second Quarter 2023 Preferred Dividends

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 14, 2023, to Series C Preferred stockholders of record as of the close of business on June 30, 2023. The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2023, to Series E Preferred stockholders of record as of the close of business on June 30, 2023. About Ready Capital Corporation Ready Capital Corporation (NYSE: RC) is a multi-strategy...

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ACELYRIN, INC. Reports First Quarter 2023 Financial Results and Recent Highlights

Initial Public Offering generated gross proceeds of $621 million; net proceeds of $573.7 million– Strong cash position of $289.2 million at end of Q1 2023– $862.9 million from IPO net proceeds and existing cash balance on March 31, 2023 expected to fund key milestones across all three clinical programs   Accelerated top-line data for P2b/3 randomized controlled study of izokibep in Hidradenitis Suppurativa (HS) from end of year, now anticipated in Q3 2023; Second confirmatory HS P3 trial now initiated and actively enrollingLonigutamab and SLRN-517 both now actively enrolling in Phase 1/2 Proof-of-Concept Studies LOS ANGELES, June 15, 2023 (GLOBE NEWSWIRE) — ACELYRIN, INC. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today...

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Fitch Affirms ‘AAAmmf’ Rating for the Gabelli U.S. Treasury Money Market Fund

RYE, N.Y., June 15, 2023 (GLOBE NEWSWIRE) — Gabelli Funds, LLC is pleased to announce that Fitch Ratings has affirmed its ‘AAAmmf’ rating for the Gabelli U.S. Treasury Money Market Fund (NASDAQ: GABXX). Fitch considered the Fund’s low exposure to interest rate risk, holdings of liquid assets, and maturity profile, consistent with Fitch’s high ‘AAAmmf’ rating criteria. Additionally, Fitch also views Gabelli Funds, LLC’s investment advisory capabilities, financial and resource commitments, operational controls, corporate governance and compliance procedures as consistent with the ‘AAAmmf’ rating assigned to the Fund. The Gabelli U.S. Treasury Money Market Fund is among the most attractive money market funds in its class. The quality of U.S. Treasury securities coupled with total expenses capped at 0.08% and the...

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