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Day: September 26, 2023

NorthWest Copper Announces Results of AGM

VANCOUVER, British Columbia, Sept. 26, 2023 (GLOBE NEWSWIRE) — NorthWest Copper Corp. (TSXV:NWST) (OTCQX: NWCCF) (“NorthWest” or the “Company”) wishes to announce the results of its Annual Meeting held earlier today. A total of 155,185,868 common shares were voted in person or by proxy at the meeting representing 81.60% of the votes attached to all outstanding shares. The following table sets out the votes received by the directors elected at the Annual Meeting:Director Votes For Percentage of Voted SharesMaryantonett Flumian 84,901,601 54.71%Braam Jonker 84,901,601 54.71%Adam Manna 84,901,601 54.71%David Moore 151,855,002 97.85%Grant Sawiak 84,901,601 54.71%Jim Steel 84,901,601 54.71%John Theobald 84,901,601 54.71%At the Annual Meeting, shareholders also approved: (i) the setting of the number of directors...

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First Flight III Destroyer Jack H. Lucas (DDG 125) Sails Away From HII’s Ingalls Shipbuilding

Jack H. Lucas (DDG 125) SailawayFirst Flight III destroyer Jack H. Lucas (DDG 125) sails away from Ingalls Shipbuilding.PASCAGOULA, Miss., Sept. 26, 2023 (GLOBE NEWSWIRE) — The first Flight III Arleigh Burke-class guided-missile destroyer Jack H. Lucas (DDG 125) departed HII’s (NYSE: HII) Ingalls Shipbuilding division Tuesday. DDG 125 will be commissioned Oct. 7, 2023 at a ceremony in Tampa, Florida, before sailing to its homeport in San Diego. “Watching Jack H. Lucas sail away is a proud moment for our entire DDG shipbuilding team,” Ingalls Shipbuilding DDG Program Manager Ben Barnett said. “Our shipbuilders will follow this first Flight III destroyer with honor as it joins the fleet as one of the most highly capable destroyers we have delivered.” Ingalls has delivered 35 Arleigh Burke-class destroyers to the U.S. Navy...

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NOVONIX Secures Support from the Government of Canada for Cathode and Data Product Research & Development

– Supports proprietary cathode synthesis technology pilot line production and demonstration – Adds artificial intelligence (AI) models to cloud-based data management and analytics products BRISBANE, Australia, Sept. 27, 2023 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, announced that its Battery Technology Solutions division in Nova Scotia, Canada is receiving up to CAD$3 million (USD$2.23 million) in research and development funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). NOVONIX will use the funds to advance two important research and development initiatives aimed at enhancing its battery materials and technology projects: the Company’s all-dry,...

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Turbo Energy, S.A. Announces Closing of Initial Public Offering

Valencia, Spain, Sept. 26, 2023 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (Nasdaq: TURB) (the “Company”), a company engaged in the design, development, and production of equipment for the generation, management, and storage of photovoltaic (“PV”) energy, announced today the closing of its previously announced initial public offering of 1,000,000 American Depositary Shares (“ADSs”), representing 5,000,000 ordinary shares, at a price of $5.00 per ADS to the public for a total of $5,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses (the “Offering”). The American Depositary Shares began trading on the Nasdaq Capital Market under the symbol “TURB.” Titan Partners Group, a division of American Capital Partners, LLC, is acting as lead underwriter for the Offering. Boustead Securities,...

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Transocean Ltd. Announces Pricing of $325 Million of Secured Notes Due 2028

STEINHAUSEN, Switzerland, Sept. 26, 2023 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Aquila Limited (“Transocean Aquila”), a wholly owned indirect subsidiary of Transocean Ltd., has priced an offering of U.S. $325 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc. and a wholly owned indirect subsidiary that initially will own the Deepwater Aquila and will be secured by a lien on the Deepwater Aquila and certain other assets related to the rig. The Notes will bear interest at the rate of 8.000% per annum and will be callable after September 30, 2025. The offering is expected to close on or about October 11, 2023, subject to customary closing...

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Golden Sun Education Group Limited Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

Shanghai, China, Sept. 26, 2023 (GLOBE NEWSWIRE) — Golden Sun Education Group Limited (the “Company” or “Golden Sun”) (Nasdaq: GSUN), a provider of tutorial services in China, today announced that the Company received written notification (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on September 22, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on Nasdaq. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid...

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Immunovant Announces Proposed Offering of $300 Million of Common Stock

NEW YORK, Sept. 26, 2023 (GLOBE NEWSWIRE) — Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced the commencement of a proposed underwritten public offering and concurrent private placement of an aggregate of $300,000,000 of shares of its common stock. Immunovant intends to offer and sell $130,000,000 of shares of its common stock in an underwritten public offering. In addition, Immunovant intends to grant the underwriters for the offering a 30-day option to purchase up to an additional $19,500,000 of shares of its common stock offered at the public offering price. All of the shares are being offered by Immunovant. Concurrent with the proposed public offering, Immunovant intends to sell $170,000,000 of shares of its common stock...

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VIVOPOWER ANNOUNCES APPOINTMENT OF PHILIP WRAY AS GROUP FINANCE DIRECTOR

LONDON, Sept. 26, 2023 (GLOBE NEWSWIRE) — VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Philip Wray as Group Finance Director for VivoPower. Philip brings a wealth of financial and leadership expertise to VivoPower, having worked in large multinational corporations for the past 18 years. With a degree in Accounting and Finance and ACA Qualified, he started his career at Invensys PLC in the UK, soon holding a leadership role managing quarterly financial announcements and annual group accounts. He also held a key position in Switzerland to integrate an Invensys Operating Company into the Group’s Reporting and Audit structure, and a financial manager role at Invensys Rail in the UK where he grew and developed the financial accounting team. In 2011, he moved to Tektronix to focus...

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Goodness Growth Holdings Announces Departure of Chief Financial Officer

MINNEAPOLIS, Sept. 26, 2023 (GLOBE NEWSWIRE) — Goodness Growth Holdings, Inc. (“Goodness Growth” or the “Company”) (CSE: GDNS; OTCQX: GDNSF), today announced that the Company’s Chief Financial Officer, John Heller, will depart the Company effective September 30 to accept a new external opportunity. Interim Chief Executive Officer Josh Rosen will assume the additional role of Interim Chief Financial Officer. Executive Chairman Dr. Kyle Kingsley commented, “We are sad to see John leave, but are grateful for his leadership and the contributions he made during his three-year tenure. John has helped us establish an excellent finance and accounting team which maintains exemplary financial controls and reporting practices. On behalf of our entire board and leadership team, we thank John and wish him well in his...

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TILT Holdings Appoints Tim Conder as Permanent CEO, Announces Change of Board Chairperson

PHOENIX, Sept. 26, 2023 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQB: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced that Interim Chief Executive Officer (“CEO”) Tim Conder will transition to permanent CEO, effective as of today. Mr. Conder has been a member of TILT’s Board of Directors (“Board”) since October 2019, served as the Company’s President and Chief Operating Officer from July 2019 until November 2020, and has served as Interim CEO since April 2023. The Company also announced Art Smuck has been appointed Chair of the Board, succeeding John Barravecchia, who will continue to serve as Board Member and Chair of the Audit Committee. Mr. Smuck brings...

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