Day: September 6, 2023

Sharing Services Global Corporation Announces Plan to Acquire the Brand of MojiLife Products

PLANO, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — via IBN — Sharing Services Global Corporation (OTCQB: SHRG) (“Sharing Services” or the “Company”) announces today its plan to acquire the brand of MojiLife products from MojiLife LLC. with the execution of a non-binding letter of intent. MojiLife products consists of patented air fragrance devices for the home and vehicle, with dozens of scents from around the world that are made with safe ingredients and are non-toxic, gluten-free, soy-free, vegan, and hypoallergenic and safe for children and pets, along with essential oils and other unique home products. “We are excited about this opportunity to acquire this brand of MojiLife products and work with such a talented and experienced team at MojiLife LLC. Their products are a natural fit to our Company’s product offerings, and...

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Gatos Silver Provides Updated Cerro Los Gatos Mineral Reserve, Mineral Resource, and Life of Mine Plan

Figure 1 Mill Throughput and Silver Grade (2023 LOM Plan and 2022 LOM Plan) Figure 2 Silver Production and By-Product AISC (2023 LOM Plan and 2022 LOM Plan) Figure 3 New Drilling Added between 2022 and 2023 Mineral Reserve Updates Figure 4 Long Section of CLG 2023 and 2022 Mineral Reserve Solids Figure 5 Long Section of the CLG Mine Showing Drilling since March 31, 2023 Database Cutoff (black) and the Planned South East Deeps Surface Drilling (green) Figure 6 Plan View of Near Mine Exploration Targets to be Tested During Q4 2023 and 2024 Mine Life Extended by 2.75 Years to the End of 2030 with 46% Increase in Total Silver Production Significant Opportunities Available for Further Optimization, Growth and Mine Life Extension VANCOUVER, British Columbia, Sept. 06, 2023 (GLOBE NEWSWIRE) —...

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Profound Medical Announces At-the-Market Offering of up to US$30,000,000

TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) — Profound Medical Corp. (TSX: PRN; NASDAQ: PROF) (“Profound” or the “Company”) announces that it has established an at-the-market equity program (the “ATM Program”) that allows the Company, through certain securities dealers acting as agents (together, the “Agents“), to issue and sell from time to time up to US$30,000,000 of common shares in the capital of the Company (the “Common Shares”). Any Common Shares sold under the ATM Program will be made through “at-the-market distributions” as defined in the Canadian Securities Administrators’ National Instrument 44-102 – Shelf Distributions, including sales made through the Toronto Stock Exchange (the “TSX”) or the Nasdaq Stock Market LLC (the “Nasdaq”) or on any other trading market for the Common Shares. The TSX has conditionally approved...

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Black Hills Corp. Announces Pricing of $450 Million Debt Offering

RAPID CITY, S.D., Sept. 06, 2023 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.15% senior unsecured notes due May 15, 2034. The company expects the offering to close on Sept. 15, 2023, subject to customary closing conditions. The company plans to use the net proceeds from the offering, in combination with available cash, to repay all of its $525 million principal amount outstanding notes on or before their maturity on Nov. 30, 2023, and for general corporate purposes. The offering is being made only by means of a prospectus supplement relating to the offering and accompanying base prospectus previously filed with the Securities and Exchange Commission, copies of which may be obtained for free by visiting EDGAR on...

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NOVONIX Announces Appointment of Suresh Vaidyanathan to Board of Directors

BRISBANE, Australia, Sept. 07, 2023 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced the appointment of Suresh Vaidyanathan, Vice President, Emerging Energy for Phillips 66 to its Board of Directors, effective September 6th. Mr. Vaidyanathan replaces outgoing Board member Zhanna Golodryga, Executive Vice President of Emerging Energy of Phillips 66. Pursuant to Phillips 66’s 2021 investment in the Company, Phillips 66 maintains the right to nominate a member to the Board of NOVONIX. “It gives me great pleasure to announce the appointment of Suresh Vaidyanathan to NOVONIX’s Board of Directors” said Chairman Robert J. Natter. “Mr. Vaidyanathan brings a wealth of relevant and valuable energy industry knowledge from his time working...

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AVITA Medical to Participate in Upcoming Investor Conferences

VALENCIA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class devices and autologous cellular therapies for skin restoration, today announced that its management team will participate in the following upcoming investor conferences: Morgan Stanley 21st Annual Global Healthcare Conference, New York, NYWednesday, September 13, 2023, including a fireside chat at 2:15 p.m. Eastern Time Lake Street Capital Markets 7th Annual Best Ideas Growth Conference, New York, NYThursday, September 14, 2023 Management will be participating in one-on-one and small group meetings at these events. Those interested in attending should reach out to their respective representatives. The live audio webcast and archived recording...

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Solowin Holdings Announces Pricing of Initial Public Offering

Hong Kong, Sept. 06, 2023 (GLOBE NEWSWIRE) — Solowin Holdings (the “Company”), one of the few Chinese investor-focused and versatile securities brokerage companies based in Hong Kong, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares are expected to commence trading on the Nasdaq Capital Market on September 7, 2023 under the ticker symbol “SWIN”. The Company expects to receive aggregate gross proceeds of US$8.0 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price, less the underwriting discounts....

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LGI Homes, Inc. Reports August 2023 Home Closings

THE WOODLANDS, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 624 homes in August 2023, up from 504 homes closed in August 2022, representing year-over-year growth of 23.8%. As of August 31, 2023, the Company had 102 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 35 markets in 20 states. As one of America’s fastest growing companies, LGI Homes has closed over 65,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s...

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Descartes Announces Fiscal 2024 Second Quarter Financial Results

Record Revenues and Income from Operations WATERLOO, Ontario, Sept. 06, 2023 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2024 second quarter (Q2FY24). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “The Global Logistics Network (GLN) continues to help shippers, carriers and logistics services providers meet challenges facing their logistics and supply chain operations,” said Edward J. Ryan, Descartes’ CEO. “As our customers succeed, they trust us to invest in the GLN’s technologies to power logistics and supply chains into the future. Our strong financial results reflect the confidence our customers and other...

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DIRTT to Voluntarily Delist from Nasdaq Exchange; Public Trading on Toronto Stock Exchange Will Continue

CALGARY, Alberta, Sept. 06, 2023 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, announced today that it will voluntarily delist from The Nasdaq Stock Market (“Nasdaq”) on or around September 15, 2023. After the voluntary delisting, all current and future DIRTT shareholders will retain their ability to publicly trade DIRTT shares on the Toronto Stock Exchange (TSX) under the symbol “DRT”. The Company estimates a recurring annual cost savings of approximately USD $400,000 from the delisting. Otherwise, the Company’s business operations will not be affected, nor will its commitment to delivering value to customers, partners, employees, and shareholders. DIRTT will continue to comply with all U.S. Securities and Exchange Commission (SEC) regulations...

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