Month: June 2023

Beam Global Executes Binding LOI to Acquire Europe Based Amiga, Announces Pricing of Upsized $22.5 Million Public Offering of Common Stock and Announces Q2 Revenue and Unit Guidance

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

The planned accretive transaction is intended to expand Beam Global’s business into the European market and increase Beam Global’s production, engineering, sales and product development expertiseAcquisition expected to increase and diversify revenues and gross profits Amiga recorded revenue of over EUR 8.5M in 2022 Expected to enhance Beam Global’s manufacturing and engineering capabilities Expected to accelerate the development of EV Standard™ and other products both in the European and U.S. markets Expected to add new customer segments in both the U.S. & EuropeSAN DIEGO, June 19, 2023 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW) (“Beam Global” or the “Company”), a leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and...

Archer achieves qubit material functionality at room temperature in air

Written by Customer Service on June 20, 2023. Posted in Public Companies.

Archer staff in a research and prototyping semiconductor foundry Archer staff in a research and prototyping semiconductor foundry in Sydney, Australia, operating some of the instruments used to encapsulate the qubit material.HighlightsArcher Materials has engineered its qubit material to mimic a high vacuum environment, preserving quantum functionality at room temperature in air. The semiconductor fabrication process is foundry-compatible and has the potential for technology translation to industrially scale Archer’s 12CQ qubit chip architecture. The preservation of quantum coherence in Archer’s qubit material at room temperature in air demonstrates a significant advantage over qubit proposals that are difficult to integrate onboard modern day devices. Archer’s unique qubit material is conveniently made from carbon, yet robust...

Purpose Investments Inc. Announces June 2023 Distributions

Written by Customer Service on June 20, 2023. Posted in Dividend Reports And Estimates.

TORONTO, June 19, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of June 2023 for its open-end exchange-traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is June 27, 2023, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of June 28, 2023, as well as Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund which have an ex-distribution date of June 29, 2023. The ex-distribution date for all closed-end funds is June 29, 2023.Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $0.10501 06/28/2023 07/10/2023 MonthlyPurpose...

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...

Month: June 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals