Month: August 2023

Imperial Announces $16.8 Million Private Placement

Written by Customer Service on August 15, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) is pleased to announce a non-brokered private placement of up to 7,000,000 common shares of the Company (“Shares”) at a price of $2.40 per Share for gross proceeds of up to $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. Closing of the Private Placement is anticipated to occur in stages with final closing on or about August 31, 2023 and is subject to certain conditions including, but not limited to, the receipt of all applicable regulatory approvals including approval of the Toronto Stock Exchange (the “TSX”). All securities...

Dada Announces Unaudited Second Quarter 2023 Financial Results

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Aug. 15, 2023 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 HighlightsTotal net revenues in the second quarter were RMB2,810.6 million, an increase of 23.2% year over year from RMB2,281.1 million in the same period of 2022. Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended June 30, 2023 was RMB70.8 billion, an increase of 29.8% year over year from RMB54.6 billion in the same period of 2022.“We are proud to announce our first-ever positive quarterly non-GAAP net income1,” said Mr. Jeff He, President of Dada. “The remarkable milestone demonstrates the competitive viability of our unique...

Western Potash Corp. Announces Signing of Subscription Agreement with Vantage Chance Limited for Exchangeable Debenture

Written by Customer Service on August 15, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) — Western Resources Corp. (the “Company” or “WRX”) (TSX: WRX) is pleased to announce today that Western Potash Corp. (“Western Potash”), the Company’s 100% owned subsidiary, has signed an exchangeable debenture subscription agreement with Vantage Chance Limited (“Vantage”), pursuant to which Vantage will subscribe for a CAD$10 million exchangeable debenture (the “Exchangeable Debenture”) issued by Western Potash (the “Transaction”). Pursuant to the Exchangeable Debenture, within one year from the date of final operational completion date of Milestone Phase 1 Project, Vantage may choose to exercise an option to assign all or a portion of the outstanding principal amount, together with any accrued and unpaid interest (the “Exchangeable Amount”), to the Company,...

Oxygen Concentrators Market Set to Soar Past USD 6.06 Billion by 2030

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

The global Oxygen Concentrators market size is expected to reach USD 6.06 billion by 2030 and exhibit a CAGR of 5.9% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing prevalence of respiratory diseases, growing geriatric population, rising demand for home healthcare, technological advancements in oxygen concentrator devices, improving healthcare infrastructure, and favorable reimbursement policies fuel the market’s growth. Westford, USA, Aug. 15, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Oxygen Concentrators market, increasing demand for portable oxygen concentrators, growing adoption of telemedicine and remote monitoring, development of lightweight and user-friendly devices, rising preference for continuous flow oxygen concentrators,...

Verizon response continues on Maui

Written by Customer Service on August 15, 2023. Posted in Public Companies.

Talk/Text/Data usage incurred from August 10 – 31 will be waived for Verizon customers on Maui; Verizon voice coverage restored in West Maui For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Verizon extends unlimited call/text/data offer for Maui customers to August 31 Voice coverage has been restored in West Maui Device charging stations have been set up at four evacuation sheltersHONOLULU, Aug. 15, 2023 (GLOBE NEWSWIRE) — With its ongoing response to the wildfires, Verizon is focused on helping customers connect with loved ones as they begin the long road to recovery. Customer relief: Verizon has extended its unlimited calling, texting...

NORDEN and Teck Announce Emission Reduction Freight Contract

Written by Customer Service on August 15, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) — NORDEN and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced an agreement to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by NORDEN by 25%, or up to 6,700 tonnes of CO², equivalent to removing over 1,400 passenger vehicles from the road. NORDEN will achieve emission reductions by utilising a range of solutions, including the use of fuel-efficient ships and alternative fuels such as biofuel in combination with an intelligent use of advanced data analytics to optimise vessel speed and routing. “This innovative partnership with NORDEN is expected to reduce Scope 3 emissions associated with transportation of Teck’s steelmaking coal, reducing...

Melcor REIT announces August distribution of $0.04 per unit

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

EDMONTON, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.04 per unit for the month of August 2023 unchanged from previous months. The August distribution will be payable as follows:Month Record Date Distribution Date Distribution AmountAugust 2023 August 31, 2023 September 15, 2023 $0.04 per unitMelcor REIT results for the third quarter and period ended September 30, 2023 are scheduled to be released on November 2, 2023. Management will host a conference call at 11:00 am ET (9:00 am MT) on November 3, 2023. Q3-2023 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/12678....

Horizon Aircraft, an electric Vertical TakeOff and Landing (eVTOL) aircraft developer, announces the signing of a definitive agreement to go public via a business combination with Pono Capital Three, Inc., a Nasdaq listed company.

Written by Customer Service on August 15, 2023. Posted in Public Companies.

Honolulu, Hawaii and Toronto, Canada, Aug. 15, 2023 (GLOBE NEWSWIRE) — Pono Capital Three, Inc. (NASDAQ: PTHR, PTHRU and PTHRW), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Business Combination Agreement (the “Business Combination Agreement”) with Robinson Aircraft Ltd. (the “Target Company”), a British Columbia company doing business as Horizon Aircraft (“Horizon Aircraft”). Pursuant to the Business Combination Agreement, it is intended that the Target Company will amalgamate with Pono Three Merger Sub, Inc., a wholly owned subsidiary of Pono, with the resulting combined company continuing as a wholly owned subsidiary of Pono. Stockholders of the Target Company will receive shares of common stock of Pono (the “Business Combination”). In connection with the Business Combination, it...

ERES REIT Declares August 2023 Monthly Distribution

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the August 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “August Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on August 31, 2023, with payment on September 15, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01462 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

CAPREIT Announces August 2023 Distribution

Written by Customer Service on August 15, 2023. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The August distribution will be payable on September 15, 2023 to Unitholders of record on August 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2023, CAPREIT owns approximately 65,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information about CAPREIT,...

Month: August 2023

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