Day: August 31, 2023
All amounts are stated in United States dollars unless otherwise indicated.
TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, is pleased to announce that the Company and GM Capital Corp. (the “Buyer”), an affiliate of Y. Dov Meyer, the executive chairman of the Company and Seth Greenspan, managing director of the Company, have entered into an arrangement agreement (the “Arrangement Agreement”) whereby the Buyer will acquire all of the issued and outstanding common shares of the Company (the “Shares”) not held by the Buyer by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Transaction”).
The Arrangement Agreement
Under the terms of the Arrangement Agreement, each...
InterCure Announces Record Revenues First Half of 2023 with over 14% growth YOY
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Half Year Revenues 2020 to 2023Half Year Revenues 2020 to 2023Achieved record revenues of NIS 209 million ($75 million)1 for the first half of 2023
Annualized revenue run rate of NIS 417 million ($149 million)
Adjusted EBITDA2 of NIS 30 million ($11 million)
Generated NIS 35 million ($13 million) cash from operations in the second quarter
Strong balance sheet with over NIS 116 million ($42 million) cash and financial assets3 of NIS 71 million ($25 million)
NEW YORK and HERZLIYA, Israel, Aug. 31, 2023 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TASE: INCR) (dba Canndoc) (“InterCure” or the “Company”) is pleased to announce its financial and operating results for the six months ended June 30, 2023. All amounts are expressed in New Israeli Shekels (NIS) or Canadian dollars ($), unless otherwise noted.
Second...
Flowserve and Velan Extend the Outside Date of their Arrangement Agreement
Written by Customer Service on . Posted in Public Companies.
DALLAS and MONTREAL, Aug. 31, 2023 (GLOBE NEWSWIRE) — Flowserve Corporation (NYSE: FLS) and Velan Inc. (“Velan”) (TSX: VLN) today announced that they have extended the outside date (the “Outside Date”) of the arrangement agreement made as of February 9, 2023, among Velan, 14714750 Canada Inc. (“Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”). In accordance with the definition of Outside Date in the Arrangement Agreement, given that the Regulatory Approvals (as such term is defined in the Arrangement Agreement) have not all been obtained at this time, Velan and Purchaser have given written notices to each other that they each wish to extend the Outside Date for an additional 30 days to October 7, 2023.
About FlowserveFlowserve Corp....
Crown Castle to Present at the Bank of America 2023 Media, Communications & Entertainment Conference
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Aug. 31, 2023 (GLOBE NEWSWIRE) — Crown Castle Inc. (NYSE: CCI) (“Crown Castle”) announced today that Dan Schlanger, Crown Castle’s Executive Vice President and Chief Financial Officer is scheduled to present on Thursday, September 14, 2023 at 9:40 a.m. Eastern Time at the Bank of America 2023 Media, Communications & Entertainment Conference. The presentation will be broadcast live over the Internet and is expected to last approximately 40 minutes. The live audio webcast link and presentation for the conference will be available on Crown Castle’s website at www.crowncastle.com, where it will also be archived for replay.
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber solutions across every...
Imperial Announces Closing of $16.8 Million Private Placement
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Aug. 31, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) is pleased to announce that it has closed its previously announced non-brokered private placement of 7,000,000 common shares of the Company (“Shares”) at a price of $2.40 per Share for gross proceeds of $16,800,000 (collectively, the “Private Placement”).
The proceeds from the Private Placement are intended to be used to fund the operation and development at the Company’s Red Chris mine and for general working capital purposes.
N. Murray Edwards purchased 3,500,000 Shares for an aggregate of $8.4 million and directors and officers of the Company purchased 753,000 Shares for an aggregate of $1.8 million. The participation of Mr. Edwards and the directors and officers of the Company (collectively, the...
Atlantic Petroleum – Condensed Consolidated Interim Report – 2nd Quarter 2023
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Tórshavn, Faroe Islands, 2023-08-31 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 1nd quarter results for 2023. This announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Interim Report, which is released separately and posted on the Company’s website..
Highlights for Q2 2023:
G&A cost was DKK 1.7MMOperating loss was DKK 5.5MMNet loss was DKK 7.9MMNet assets/share-holders equity was DKK -104.8MMBank debt was DKK 59.6MM
Atlantic Petroleum in brief:
Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries and offices in the UK. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen.
Further Details:
Further...
23andMe Granted New FDA Clearance to Report Additional BRCA Variants
Written by Customer Service on . Posted in Public Companies.
510(k) clearance will allow 23andMe to report an additional 41 genetic variants in the BRCA1 and BRCA2 genes that increase risk for breast, ovarian, prostate and pancreatic cancer
Many of these additional variants occur more often in people of African American and Hispanic/Latino descent
23andMe also granted an FDA Predetermined Change Control Plan, allowing the company to update its BRCA report with additional variants without a pre-market submission, provided those variants meet the same rigorous analytical and clinical requirements demonstrated in this 510(k) clearance
SOUTH SAN FRANCISCO, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) — 23andMe Holding Co. (Nasdaq: ME) (23andMe), a leading human genetics and biopharmaceutical company, today announced the Company has received a U.S. Food and Drug Administration (FDA) 510(k) clearance...
NOTICE TO DISREGARD — InvestmentPitch Media and Foremost Lithium Resource
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Aug. 31, 2023 (GLOBE NEWSWIRE) — We are advised by InvestmentPitch Media and Foremost Lithium Resource (CSE:FAT) (OTCQB:FRRSF) (FSE:F0R0) that journalists and other readers should disregard the news release, “InvestmentPitch Media Video Discusses Foremost Lithium and its Pending Acquisition of the Pegmatite-Hosting Lac Simard South Property within Sayona Mining’s Abitibi Hub of Lithium Projects in Quebec” issued August 31, 2023, over GlobeNewswire.
PyroGenesis Provides Update on AMF Investigation
Written by Customer Service on . Posted in Public Companies.
MONTREAL, Aug. 31, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), today provides an update regarding the previously reported investigation by the Autorité des marchés financiers (“AMF”), the securities regulatory authority in the Province of Quebec, being conducted in the context of applicable securities laws.
As previously disclosed, the Company understands the AMF has investigated certain actions taken by the President and Chief Executive Officer of the Company, Mr. P. Peter Pascali, in connection with a settlement agreement entered into on April 30, 2018...
Rockcliff Metals Announces Shareholder Approval of Plan of Arrangement With Hudbay Minerals
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) — Rockcliff Metals Corporation (CSE: RCLF) (OTCQB: RKCLF) (“Rockcliff”) is pleased to announce that its shareholders have approved the resolutions required to consummate the previously announced plan of arrangement (the “Transaction”) with Hudbay Minerals Inc. (“Hudbay”). At Rockcliff’s special meeting (the “Meeting”) of shareholders held on August 31, 2023, the resolutions supporting the Transaction were approved by approximately 99% of the votes cast by shareholders present or represented by proxy at the Meeting.
Transaction Effective Date
The Transaction remains subject to final court approval and the satisfaction of certain other customary closing conditions for transactions of this nature. It is currently anticipated that the effective date of the Transaction will occur on or about September...