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Month: July 2023

Genesis Growth Tech Acquisition Corp. Announces Receipt of Nasdaq Delisting Notification

NIDWALDEN, Switzerland, July 14, 2023 (GLOBE NEWSWIRE) — Genesis Growth Tech Acquisition Corp. (Nasdaq: GGAA) (“GGAA” or “Genesis”), today announced that on July 14, 2023, it received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”). The Notice advised the Company that for the 30 consecutive trading days ending June 27, 2023, the Company’s average market value of listed securities has been below $50 million and the average market value of publicly held securities for its Class A ordinary shares has been below $40 million, and as a result, the Company was not in compliance with Nasdaq Listing Rule 5452 and that Nasdaq has determined to delist the Company’s securities (units, ordinary shares and warrants). Additionally, in accordance with Nasdaq Listing Rule 5452, special purpose...

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Algernon Pharmaceuticals Announces Private Placement and Issuance of Shares in Connection with Financial Advisory Agreement

VANCOUVER, British Columbia, July 14, 2023 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW0) (OTCQB: AGNPF) (the “Company” or “Algernon”), a Canadian clinical stage pharmaceutical development company, announces a non-brokered private placement for gross proceeds of CDN$205,000 (the “Offering”) of units (the “Units”) at an issue price of CDN$0.20 per Unit. Each Unit will consist of one Class A common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one Common Share (a “Warrant Share”) at an exercise price of CDN$0.25 per Warrant Share for a period of 2 years from the date of issuance (the “Expiry Date”), subject to acceleration of the Expiry Date as described below. The Offering is expected to close...

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Prominent Banking Figure, Mary Ann Scully, Joins Capital Bank’s Board of Directors

WASHINGTON, July 14, 2023 (GLOBE NEWSWIRE) — Capital Bank, a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Mary Ann Scully, Dean of the Joseph A. Sellinger, S.J., School of Business and Management at Loyola University Maryland, as the newest member of its board of directors. With her extensive experience and remarkable achievements in the banking industry, Ms. Scully brings valuable insights and a strong leadership acumen to the board. A lifelong banker with over 40 years of diverse experience in the Maryland marketplace, she co-founded Howard Bank and served as its Chief Executive Officer and Chairperson of the board of directors until its merger with FNB of Pennsylvania in 2022. Under her leadership, she successfully led both organic growth initiatives and strategic acquisitions, positioning...

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Pulse Oil Corp. Announces Annual and Special Meeting Results

VANCOUVER, British Columbia, July 14, 2023 (GLOBE NEWSWIRE) — Pulse Oil Corp., (“Pulse” or the “Company”) (TSXV: PUL) is pleased to announce from its 2023 annual general and special meeting of shareholders (the “Meeting”) held today in Vancouver, B.C. Shareholders voted as follows on the matters before the Meeting. Election of Directors All six of the nominees listed in Pulse’s management information circular dated June 9, 2023 that were proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company’s shareholders or until their successors are elected or appointed.     Annual general and special meeting results:Election of DirectorsNominee For % For Withheld % WithheldGarth Johnson 233,444,501 99.27 1,724,000 0.73Drew...

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Renasant Announces 2023 Second Quarter Webcast and Conference Call Information

TUPELO, Miss., July 14, 2023 (GLOBE NEWSWIRE) — Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2023 second quarter results following the NASDAQ’s closing on Tuesday, July 25, 2023. The Company will hold executive management’s quarterly webcast and conference call with analysts on Wednesday, July 26, 2023, at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible through Renasant’s investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=ICrvDnu5. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2023 Second Quarter Earnings Webcast and Conference Call. International participants should dial 1-412-902-4145 to access the conference call. The webcast will be archived on www.renasant.com...

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Base Carbon Enters Into Automatic Share Purchase Plan

TORONTO, July 14, 2023 (GLOBE NEWSWIRE) — Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) (“Base Carbon“, or the “Company“), a financier of emission reduction, removal and related climate action projects, announced today that it has entered into an automatic share purchase plan (“ASPP“) with a broker in order to facilitate repurchases of Base Carbon’s common shares (“Common Shares“) under its previously announced normal course issuer bid (“NCIB“).  The Company previously announced that it had received approval from the NEO Exchange (“NEO“) to, during the 12-month period commencing June 21, 2023 and terminating June 20, 2024, purchase up to 7,974,471 Common Shares representing approximately 6.6% of the 121,108,302 Common Shares issued and outstanding as of June...

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Melcor REIT announces July 2023 distribution of $0.04 per unit

EDMONTON, Alberta, July 14, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distribution of $0.04 per unit for the month of July 2023 unchanged from previous months. The July distribution will be payable as follows:Month Record Date Distribution Date Distribution AmountJuly 2023 July 31, 2023 August 15, 2023 $0.04 per unitMelcor REIT results for the second quarter and period ended June 30, 2023 are scheduled to be released on July 27, 2023. Management will host a conference call at 11:00 am ET (9:00 am MT) on July 28, 2023. Q2-2023 Conference Call Toronto & Area: 1-416-915-3239Toll Free: 1-800-319-4610 Webcast & Replay The call will also be webcast (listen only) at https://www.gowebcasting.com/12635. A replay of the call...

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Atlas Global Brands Announces Delay in Annual and Interim Filings Following Complex Reverse Takeover, Acquisitions and Corporate Restructuring

CHATHAM, ONTARIO and TEL-AVIV, ISRAEL, July 14, 2023 (GLOBE NEWSWIRE) — Atlas Global Brands Inc. (“Atlas Global” or the “Company”) (CSE: ATL) announces today that it anticipates a delay in the filing of its audited annual consolidated financial statements and related management’s discussion and analysis and certifications for the financial year ended March 31, 2023 within the specified timelines under applicable Canadian securities laws (collectively, the “Required Annual Filings”). As a result, the Company has made an application to the Ontario Securities Commission, as principal regulator, under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) requesting a management cease trade order (“MCTO”) in respect of the anticipated late filing of the Required Annual Filings. The delay in filing the Required Annual...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for August 15, 2023

CALGARY, Alberta, July 14, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to July 2023 of $0.11 per common share is to be paid on August 15, 2023, for shareholders of record on July 31, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident and Chief...

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

SINGAPORE, July 14, 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 July 15, 2023 to August 15, 2023 (the “Extension”). The Extension is the fourth of up to nine one-month extensions permitted under the Company’s governing documents. The funds came from the working capital of the Company raised from non-interest-bearing loans from affiliates of the Company’s Sponsor, directors or officers. The Extension provides the Company...

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