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Month: June 2023

Dave & Buster’s to open 20 stores in India and Australia

The entertainment destination announces international franchise partnership with the Malpani Group and NightOwl Entertainment DALLAS, June 06, 2023 (GLOBE NEWSWIRE) — Dave & Buster’s, the ultimate destination for food, drinks, and entertainment, announces two more significant deals for its global expansion plans. The first deal includes a 15-store partnership in India with the Malpani Group, and the second deal comprises a 5-store partnership with the NightOwl Entertainment Group in Australia. These strategic alliances mark Dave & Buster’s second and third multi-store franchise agreements, firmly cementing the brand in the APAC and MEA regions with a total of 31 stores committed to development since global expansion plans were announced in 2022. “We’re thrilled to partner with the Malpani Group to bring...

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Medallion Resources Announces Private Placement of Up to CDN$2,000,000 and Debt Settlement of US$650,000

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) —  Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), is pleased to announce a non-brokered private placement offering (the “Offering”) consisting of up to 40,000,000 units (the “Units”) at a price of Cdn$0.05 per Unit, for gross proceeds of up to Cdn$2,000,000. Each Unit will comprise one common share of the Company and one-half of one common share purchase warrant, each whole warrant entitling the holder to purchase an additional common share of the Company at Cdn$0.075 per share at any time within three years of closing of the Offering, except that the number of warrants that...

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Algoma Steel to Announce Fiscal 2023 Fourth Quarter and Full Year Results June 21, 2023

SAULT STE. MARIE, Ontario, June 06, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2023 fourth quarter and full year financial results after the market closes on Wednesday, June 21, 2023. A webcast and conference call will be held on Thursday, June 22, 2023, at 11:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session. The live webcast and archived replay of the conference call can be accessed on the Investors section of the Company’s website at www.algoma.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally by dialing 877-425-9470...

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TransCode Therapeutics Announces Pricing of $7 Million Public Offering

BOSTON, June 06, 2023 (GLOBE NEWSWIRE) — TransCode Therapeutics, Inc. (Nasdaq: RNAZ) (the “Company”), an RNA oncology company committed to more effectively treating cancer using RNA therapeutics, today announced the pricing of its public offering of an aggregate of 2,000,000 shares of its common stock (or common stock equivalents), together with accompanying common stock warrants, at a public offering price of $3.50 per share (or common stock equivalent) and accompanying warrants. Each share of common stock (or common stock equivalent) is being offered in the offering together with a Series A-1 warrant to purchase one share of common stock at an exercise price of $3.25 per share and a Series A-2 warrant to purchase one share of common stock at an exercise price of $3.25 per share. The Series A-1 warrants will be exercisable immediately...

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Stingray Reports Fourth Quarter and Full Year Results for Fiscal 2023

Adjusted EBITDA for the Broadcasting and Commercial Music Division up by 40.6% in the fourth quarter. Fourth Quarter HighlightsOrganic growth of 3.3% year-over-year in Broadcast and Recurring Commercial Music Revenues(1), including 7.6% in the United States; Revenues increased 8.7% to $78.9 million from $72.6 million; Adjusted EBITDA(2) increased 26.4% to $26.6 million from $21.0 million. Adjusted EBITDA(2) by segment was $20.4 million or 40.8% of revenues for Broadcasting and Commercial Music, $7.7 million or 26.6% of revenues for Radio and $(1.5) million for Corporate; Net income was $4.4 million ($0.06 per share) compared to $4.5 million ($0.06 per share); Adjusted Net income(2) increased 24.5% to $14.7 million ($0.21 per share) from $11.8 million ($0.17 per share); Cash flow from operating activities increased 24.5% to $27.6 million...

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Consolidated Water and Subsidiary, PERC Water, Win $204 Million Contract to Design, Build, Operate and Maintain a Seawater Desalination Plant in Hawaii

GEORGE TOWN, Grand Cayman, June 06, 2023 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, announced its indirect subsidiary, Kalaeloa Desalco LLC (which is jointly owned by the company’s wholly owned subsidiaries PERC Water Corporation and Consolidated Water U.S. Holdings, Inc.), has signed a definitive agreement (DBOM Agreement) with the Honolulu Board of Water Supply (BWS) to design, build, operate and maintain a seawater reverse osmosis desalination plant. Consolidated Water has separately guaranteed the performance of Kalaeloa Desalco to BWS for the term of the DBOM Agreement. The plant will be located in the Kalaeloa Regional Park District on the Island of O’ahu in Hawaii and situated on the site of the former...

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Canoe EIT Income Fund Announces June 2023 Monthly Distribution

CALGARY, Alberta, June 06, 2023 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the June 2023 monthly distribution of $0.10 per unit. The distribution will be paid on July 14, 2023 to unitholders of record on June 22, 2023. The ex-distribution date for this distribution is June 21, 2023. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent...

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Interpublic Prices Offering of $300 Million Aggregate Principal Amount of Senior Notes

New York, NY, June 06, 2023 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) today announced that it has priced a registered public offering of $300 million aggregate principal amount of its 5.375% Senior Notes due 2033 (CUSIP Number 460690 BU3) (the “Notes”). The offering of the Notes is expected to close on June 8, 2023, subject to customary closing conditions. The net proceeds are expected to be approximately $293 million after discounts, commissions and estimated offering expenses. The Company plans to use the net proceeds from the offering for general corporate purposes, which is expected to include the repayment at or before maturity of the $250 million aggregate principal amount of its 4.200% senior notes due April 2024 (the “2024 Notes”). No statement contained in this press release shall constitute a notice of redemption...

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Armstrong World Industries to Attend the 2023 Deutsche Bank Global Industrials, Materials & Building Products Conference

LANCASTER, Pa., June 06, 2023 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, announced today that President & Chief Executive Officer Vic Grizzle and SVP & Chief Financial Officer Chris Calzaretta will be attending the 2023 Deutsche Bank Global Industrials, Materials & Building Products Conference in New York City on Wednesday, June 7. In anticipation of the conference, Armstrong has published an updated Investor Presentation which can be found in the Events & Presentations section of its Investor Relations website at www.armstrongworldindustries.com/en-us/investors. About Armstrong World IndustriesArmstrong World Industries, Inc. (AWI) is a leader in the design and manufacture of innovative ceiling and wall system...

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Terns Pharmaceuticals to Present at Goldman Sachs 44th Annual Global Healthcare Conference

FOSTER CITY, Calif., June 06, 2023 (GLOBE NEWSWIRE) — Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule product candidates to address serious diseases, including oncology, non-alcoholic steatohepatitis (NASH) and obesity, today announced that management will be participating in a fireside chat at the Goldman Sachs 44th Annual Global Healthcare Conference on Tuesday, June 13, 2023 at 8:40 a.m. PT. A live webcast of the event will be available on the investor relations page of the Terns Pharmaceuticals website at http://ir.ternspharma.com. A replay of the webcasts will be archived on Terns’ website for at least 30 days following the presentations. About Terns PharmaceuticalsTerns Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical...

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