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Month: June 2023

Earthstone Energy Announces $1.0 Billion Delaware Basin Acquisition

Highly Accretive Transaction in Delaware Basin Meaningfully Increases Scale THE WOODLANDS, Texas, June 15, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “our”, or “we”) today announced that it has entered into an agreement (the “Agreement”) to acquire Novo Oil & Gas Holdings, LLC (“Novo”), a privately-held Delaware Basin focused E&P company backed by EnCap Investments L.P. (“EnCap”), for $1.5 billion. Concurrently, Northern Oil and Gas, Inc. (NYSE: NOG) (“Northern”) will acquire working interests equal to a pro-rata 33⅓ % of the oil and gas assets of Novo for $0.5 billion from Earthstone, resulting in a $1.0 billion purchase price net to Earthstone for the retained 66⅔ % interest (the “Novo Acquisition”). Consideration at closing will be subject to customary purchase price...

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edgeTI to Present AI Innovation at TechConnect World Innovation 2023

edgeCore’s Digital Twin Solution Drives Increased AI/ML Accuracy and Time to Value ARLINGTON, Va., June 15, 2023 (GLOBE NEWSWIRE) — Edge Technologies, Inc. the operating company of Edge Total Intelligence Inc. (“edgeTI”, “Company”, “We”, or “Our”) (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i), the leader in real-time digital operations software, today announces that it will present “edgeCore – Digital Twin Solution Driving Increased AI/ML Accuracy and Reduced Time to Value” at TechConnect World 2023 as part of a focus on innovation in Ai, Data, Cyber, and Software on June 20, 2023. A Media Snippet accompanying this announcement is available by clicking on the image or link below:TechConnect World Innovation Conference and Expo connects top applied research and early-stage innovations from universities, labs, and startups with industry...

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White Gold Corp. Announces Fully Funded 2023 Exploration Program on District Scale Land Package, Yukon, Canada

Vertigo Target (JP Ross Property) Vertigo Target (JP Ross Property)Cali Target (Nolan Property) Cali Target (Nolan Property)WGO 2023 Exploration Program Overview WGO 2023 Exploration Program OverviewBetty Ford Target (Betty Property) Betty Ford Target (Betty Property)TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company”) is pleased to announce plans for its fully funded 2023 exploration program on its district scale 350,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada. The 2023 program is designed to further evaluate targets on the Betty and JP Ross properties and to perform maiden diamond drilling on the Cali target located on the Nolan property. Other regional exploration work includes maiden rotary...

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Merus Appoints Life Sciences Strategic and Financial Industry Veteran Greg Perry as Chief Financial Officer

UTRECHT, The Netherlands and CAMBRIDGE, Mass., June 15, 2023 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq: MRUS), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced the appointment of Greg Perry as the Company’s Chief Financial Officer (CFO). Additionally, Greg has been designated as the Company’s principal financial officer, succeeding Bill Lundberg, M.D., in such role. In connection with his appointment as the Company’s Chief Financial Officer, on June 14, 2023, Greg resigned from the Company’s Board of Directors. “I am excited to welcome Greg as our CFO and look forward to drawing from his broad biotech experience in capital finance and strategic transactions, and deep knowledge of our business,” said Bill Lundberg, M.D., President, Chief Executive...

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Draganfly to Attend 8th Annual Capital Event Management Conference in Montreal

Montreal, QC, June 15, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is thrilled to announce its participation at the highly anticipated 8th annual Capital Event Management Conference in Montreal, taking place from June 16 to June 18, 2023. The Montreal Capital Event serves as a platform to connect growth-stage companies, including those in the technology, resource, biotech, and special situations sectors, with top-level capital finance individuals. This year’s event coincides with the Canadian Grand Prix, allowing attendees to participate in Sunday’s race day action. During this three-day event, Draganfly’s President and CEO, Cameron Chell, will participate in one-on-one meetings, providing...

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Brim hf. secures EUR 220m sustainability-linked loan facility

Brim hf. secures EUR 220m sustainability-linked loan facility Brim hf. has signed a syndicated senior secured loan facility of 220 million EUR to refinance previous loan facility. The lenders consist of three international banks: global food- and agribusiness bank Rabobank, Nordic based Nordea, and Norwegian DNB. The terms of the loan facility consist of a five-year tenor with a 25-year instalment schedule. The sustainability-linked facility – with Rabobank acting as the Sustainability Coordinator – includes key performance indicators in line with Brim´s strategy and objectives, which the company has been reporting in accordance with GRI standards since 2017. The indicators include targets in relation to CO2 emissions in fishing as Brim is a global pioneer in such reporting. The favourable financing of Brim confirms the company´s increased...

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Brompton Announces the Launch of Brompton Split Corp. Preferred Share ETF

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) — (TSX: SPLT) Brompton Funds Limited (the “Manager”) is pleased to announce that Brompton Split Corp. Preferred Share ETF (“SPLT”) will commence trading on the Toronto Stock Exchange (the “TSX”) today. A final prospectus dated June 2, 2023 has been filed with the securities regulatory authorities in each province and territory in Canada. The investment objectives of SPLT are to provide unitholders with: (a) monthly distributions and (b) the opportunity for capital preservation, primarily through a portfolio of preferred shares of split share corporations. SPLT will seek to achieve its investment objectives by investing an actively managed portfolio of preferred shares offered by Canadian split share corporations listed on a Canadian exchange. SPLT may also invest in preferred shares of other...

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Nokia partners with DXC Technology to Launch DXC Signal Private LTE and 5G Solution

Press Release Nokia partners with DXC Technology to Launch DXC Signal Private LTE and 5G SolutionCompanies to provide world-class private wireless networking solutions to propel organizations into the future New solution designed for key market segments including manufacturing, energy, healthcare, supply chain and logistics, transportation, and education15 June 2023Espoo, Finland, and Ashburn, VA, USA – Nokia and DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations. As part of a global, strategic partnership, the two companies have made a commitment to providing world-class private wireless...

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Alamos Gold Continues to Extend High-Grade Gold Mineralization at Island Gold, Including within Hanging Wall and Footwall Zones in Proximity to Existing Infrastructure

Figure 1: Island Gold Mine – C/E1E/E1EN/E1D Longitudinal, New C and E1E-Zone Underground Exploration Drilling Results Figure 1: Island Gold Mine – C/E1E/E1EN/E1D Longitudinal, New C and E1E-Zone Underground Exploration Drilling ResultsFigure 2: Island Gold West – Highlights from NS1 Hanging Wall Zone Figure 2: Island Gold West – Highlights from NS1 Hanging Wall ZoneFigure 3: Island Gold East – Highlights from NTH3 Footwall Wall Zone Figure 3: Island Gold East – Highlights from NTH3 Footwall Wall ZoneTORONTO, June 15, 2023 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization across the Island Gold Deposit. This included multiple significant high-grade intercepts...

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Eagle Pharmaceuticals Provides Business Update and Reiterates 2023 Guidance

WOODCLIFF LAKE, N.J., June 15, 2023 (GLOBE NEWSWIRE) — Eagle Pharmaceuticals, Inc. (Nasdaq: EGRX) (“Eagle” or the “Company”) today provided a business update and reiterated its 2023 financial guidance. “As we approach midyear 2023, our business remains strong, and we are pleased with the positive growth trajectory in our key commercial products. Through our well-trained and experienced sales force — made up of 50 reps on the hospital side of the business and 25 focused on oncology — for the quarter to date, Barhemsys® and Byfavo® have already topped the sales number posted in the first quarter of 2023, and PEMFEXY® has achieved an 18% market share in early Q2. We are pleased to see these two assets gaining uptake in the hospital and reflecting the value we saw when we originally decided to make the acquisition,” stated...

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