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Month: September 2023

Technical Communications Corporation Announces Decision to Go “Dark”

CONCORD, Mass., Sept. 25, 2023 (GLOBE NEWSWIRE) — Technical Communications Corporation (OTCQB: TCCO) today announced its decision to deregister its common stock under Section. 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as well as suspend its reporting obligations under Section 15(d) of the Exchange Act. This decision to go “Dark” is in support of the Company’s intention to return to profitability as soon as possible and using cash resources for that purpose is the top fiscal priority. The reduction in time spent by its management and employees in complying with the requirements applicable to SEC reporting companies will enable them to focus our resources more on managing the Company’s business and generating new revenues. The Company filed a Form 15 with the Securities and Exchange Commission...

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NorthWest Copper Provides Important Voting Results Update to Shareholders

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) — As previously disclosed, NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) (OTCQX: NWCCF) will hold its Annual General Meeting of Shareholders (the “AGM”) on September 26, 2023 at 10:00 a.m., at which time there will be an election of the board of directors (the “Board”). The Company advises that, based on the deposit of proxies by the cut-off time for the AGM, the activist slate of director nominees, represented on the Yellow Proxy, will receive a greater number of shareholder votes than the management nominees, represented on the Blue Proxy. As a result, the activist slate of nominees will be elected directors of the Board at the AGM.  Mr. Terry Lyons, outgoing Chair of the Board, and the departing Board members would like to thank all the shareholders...

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EnWave Engages SagePoint Capital Partners to Provide Strategic Capital Markets and Corporate Development Advisory Services

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has engaged SagePoint Capital Partners Inc. (“SagePoint”) to provide strategic capital markets and corporate development advisory services for the Company. SagePoint will provide EnWave with a comprehensive capital markets plan to expand its profile with high-net worth and institutional investors. EnWave is to remunerate SagePoint at the rate of CAD$13,333 per month and the service agreement is subject to termination upon thirty days-notice by either party after the first three months of service. Additionally, the Company has granted SagePoint an aggregate of 250,000 incentive stock options (the “Options”). The grant of Options is subject to the terms of the Company’s...

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American Future Fuel Bolsters Leadership with Appointment of Former Technical Lead & Global Structural Geologist of Newmont Corp, Michael Henrichsen, to Board of Directors

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) — American Future Fuel Corporation (CSE: AMPS; OTCQB: AFFCF; FWB: K14, WKN: A3DQFB) (the “Company” or “American Future Fuel”), is pleased to announce the appointment of Mr. Michael Henrichsen as a new member of the Board of Directors, effective September 25, 2023. Mr. Henrichsen’s extensive expertise as a structural geologist and his remarkable track record in enhancing reserves and resources make him a valuable addition to the Company’s leadership team. Mr. Henrichsen brings a wealth of experience from his tenure in the mining industry, where he played a pivotal role in shaping the landscape at companies such as Newmont Corporation (with a market capitalization of approximately $43 billion (CAD)) and others: Newmont Corp 2008 – 2011: Mr. Henrichsen led the technical...

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TransCode Therapeutics Announces Pricing of $8 Million Public Offering

BOSTON, Sept. 25, 2023 (GLOBE NEWSWIRE) — TransCode Therapeutics, Inc. (Nasdaq: RNAZ), (the “Company”), an RNA oncology company committed to more effectively treating cancer using RNA therapeutics, today announced the pricing of its underwritten public offering of an aggregate of 15,700,000 shares of its common stock (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof). Each share of common stock (or Pre-Funded Warrant) is being sold at a public offering price of $0.51 per share (inclusive of the Pre-Funded Warrant exercise price of $0.01). All of the shares and Pre-Funded Warrants in the offering are being sold by the Company. Total gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $8 million. In addition, the Company...

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Nuvectis Pharma Announces Updated Date and Time for the 2023 Cantor Global Healthcare Conference Corporate Presentation

Fort Lee, NJ, Sept. 25, 2023 (GLOBE NEWSWIRE) — Nuvectis Pharma, Inc. (NASDAQ: NVCT) (“Nuvectis” or the “Company”), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today announced that Ron Bentsur, Chairman and Chief Executive Officer of Nuvectis, will present at the 2023 Cantor Global Healthcare Conference Corporate Presentation, as follows:Date Tuesday, September 26, 2023Time 12:25 PM ETLocation New YorkWebcast Link https://wsw.com/webcast/cantor19/nvct/2113419About Nuvectis Pharma, Inc.Nuvectis Pharma, Inc. is a biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of...

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Christina Lake Closes Second Tranche of Non-Brokered Private Placement

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB), further to the press releases dated September 7, 2023 and September 12, 2023, the Company is pleased to announce that it has closed the second tranche (the “Second Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN $750,000 (the “Offering”). The Company expects to the close the remainder of the financing in October 2023. All securities issued pursuant to the Offering are subject to a statutory four-month and one day hold period from the date of issuance pursuant to applicable securities laws...

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Mueller Delivers Pratt® P77 Perimeter-Seated Bi-Directional Knife Gate Valve for Industrial Applications

ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) — Henry Pratt Company, LLC today announced the unveiling of the Pratt® P77 Perimeter Seated Bi-Directional Knife Gate Valve. Engineered to handle tough slurries and abrasive materials, the P77 meets the rigorous MSS SP-81 standards and offers a range of features and benefits that make it an excellent valve for industrial applications. Dale Speggen, VP of Specialty Valves for Mueller, stated, “The Pratt P77 Perimeter Seated Bi-Directional Knife Gate Valve is an industry game-changer. With its sealing capabilities and its ability to reduce stress on the packing chamber, the P77 ensures reliable and efficient operation. We are proud to offer this valve, which sets a new standard for performance and reliability.” The P77 Knife Gate Valve has superb sealing capabilities, ensuring...

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Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream and Clean Energy Conference

HOUSTON, Sept. 25, 2023 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate in investor meetings at the Wolfe Research Utilities, Midstream and Clean Energy Conference on Wednesday, September 27, 2023 in New York City, NY. A copy of the slides used for the conference meetings will be available in the Investors section of the Company’s website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. About Targa Resources Corp. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary...

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FAT Brands Announces Acquisition of Smokey Bones Barbecue Chain

Global Franchisor Doubles Down on Polished Dining Segment LOS ANGELES, Sept. 25, 2023 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announces it has acquired the Smokey Bones Bar & Fire Grill restaurant chain from an affiliate of Sun Capital Partners, Inc. The acquisition marks the Company’s first foray into barbecue and expands FAT Brands’ portfolio of polished dining chains, which currently includes Twin Peaks. The purchase is expected to increase annual adjusted EBITDA by approximately $10 million, and bring 61 new corporate locations under FAT Brands’ umbrella. The $30 million transaction was funded from the Company’s existing securitization facilities. “We continue to be selective and opportunistic in our acquisition strategy, targeting brands that are...

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