Day: October 5, 2023

Rio2 Limited Issues Shares In Lieu of Salaries

VANCOUVER, British Columbia, Oct. 05, 2023 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) reports that, in accordance with the shares for service agreements announced January 25, 2023 and March 27, 2023 (the “Shares for Services Agreements”), it has agreed to issue 479,198 common shares at a deemed price of $0.21 per share to Directors and Officers of the Company. Under the Shares for Services Agreements, the deemed price per common share to be issued will be no less than the volume weighted average closing price of the Company’s common shares on the last three trading days of each quarter, provided that in any event, the price will not be lower than the discount permitted under applicable TSX Venture Exchange policies. All securities issued pursuant to the Shares for Services...

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Velan Inc. Reports Its Second Quarter 2023/24 Financial Results

MONTREAL, Oct. 05, 2023 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2023. Highlights: Order backlog2 remains strong at $485.7 million, an increase of $21.3 million or 4.6% since the beginning of the year. The increase in backlog2 is primarily attributable to changes in the profile of scheduled backlog2 shipment dates. The portion of the current backlog2 deliverable in the next twelve months is $339.4 million. Net new orders (“bookings”)2 of $71.5 million for the quarter, a decrease of $2.0 million or 2.7% compared to last year. The decrease in bookings2 is primarily attributable to a reduction in MRO distributor orders as well as lower process and mining orders, partially offset by a pick-up...

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Aberdeen International Inc. – Early Warning Press Release

TORONTO, Oct. 05, 2023 (GLOBE NEWSWIRE) — ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) announces that it has sold 2,767,000 common shares of AmmPower Corp. (“AmmPower”) (CSE: AMMP) during the period September 26, 2023 to October 4, 2023, which has resulted in Aberdeen’s ownership being reduced by 6.9%. The Company reviews its holdings from time to time and may increase or decrease its position as future circumstances may dictate. This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated October 5, 2023. The early warning report respecting the occurrence giving rise to this filing has been filed on System for Electronic Document Analysis...

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APA Corporation Provides Third-Quarter 2023 Supplemental Information and Schedules Results Conference Call for Nov. 2 at 10 a.m. Central Time

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the third-quarter 2023. It is provided to assist investors, analysts, and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect third-quarter 2023 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for third-quarter 2023. Estimated Average Realized Prices – 3Q23   Oil (bbl) NGL (bbl) Natural...

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Micron Initiates Construction on Leading-Edge Memory Manufacturing Fab

On the 45th anniversary of company’s founding, Micron lays the foundation for America’s future Micron to invest $75 million toward building America’s semiconductor workforce of the future in Idaho BOISE, Idaho, Oct. 05, 2023 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), one of the world’s largest semiconductor companies and the only U.S.-based manufacturer of memory, will today celebrate the start of construction on the nation’s first new memory manufacturing fab in 20 years. Company executives will join Idaho Governor Brad Little, Boise Mayor Lauren McLean, other community partners and team members to mark the milestone with a ceremonial concrete pour at Micron’s Boise headquarters on the 45th anniversary of the company’s founding. Just over a year ago, Micron announced its plans to invest approximately $15 billion...

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Bitdeer Announces September 2023 Operations Updates

SINGAPORE, Oct. 06, 2023 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited mining and operations updates for September 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We remained focused on maintaining our operational strength during the month of September, and continued to deliver robust results. The number of Bitcoin mined through our self-mining business increased by 25.8% from the previous month, and almost tripled from the same period of the previous year, to 482 Bitcoins. This increase came as our recently constructed 100MW Gedu mining datacenter in Bhutan maintained stable operations during the full month of September. During September, 217 Bitcoins were mined...

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New Era Helium and Accretion Acquisition Corp. Announce Letter of Intent for Proposed Business Combination

MIDLAND, Texas and DENVER, Oct. 05, 2023 (GLOBE NEWSWIRE) — New Era Helium Corp. (“NEH”) and Accretion Acquisition Corp. (“Accretion”) (Nasdaq: ENER, ENERR, ENERU, and ENERW) are pleased to announce they have entered into a non-binding Letter of Intent (the “Letter of Intent”) for a proposed business combination (the “Business Combination”). Accretion is a special purpose acquisition company formed for the purpose of consummating a business combination with one or more businesses, and its securities are currently listed for trading on The Nasdaq Stock Market LLC (“NASDAQ”). NEH is expected to hold a majority interest in the equity, on a fully diluted basis, of the combined company at the closing of the Business Combination. NEH and Accretion expect to announce additional details regarding the proposed Business Combination if a...

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Vir Biotechnology to Provide Business Update and Report Third Quarter 2023 Financial Results on November 2, 2023

SAN FRANCISCO, Oct. 05, 2023 (GLOBE NEWSWIRE) — Vir Biotechnology, Inc. (Nasdaq: VIR) today announced the Company will provide a corporate update and report financial results for the third quarter ended September 30, 2023, on November 2, 2023. The Company will host a conference call at 4:30 p.m. Eastern Time on November 2, 2023. The corporate update and financial results will be provided via a press release after market close and will be accessible under Press Releases in the Investors section of the Vir website at www.vir.bio. Participants may access the conference call via webcast on the Events & Presentations page of Vir’s website at https://investors.vir.bio/events-presentations. A recorded version of the call will be available on the website approximately two hours after the completion of the event and will be archived...

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Prestige Consumer Healthcare Inc. to Release Fiscal 2024 Second Quarter Earnings Results

TARRYTOWN, N.Y., Oct. 05, 2023 (GLOBE NEWSWIRE) — Prestige Consumer Healthcare Inc. (NYSE:PBH) today announced that it will issue its fiscal 2024 second quarter earnings release on Thursday, November 2, 2023 before the opening of the market. The Company will host a conference call to discuss the results that same morning at 8:30 a.m. ET. To participate in the live Internet webcast of the conference call, it can be accessed from the Investor Relations page of www.prestigeconsumerhealthcare.com. To participate in the conference call via phone, participants may register for the call here to receive dial-in details and a unique pin. While not required, it is recommended to join 10 minutes prior to the event start. A conference call replay will be available for approximately one week following completion of the live call and can be...

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Amplify Energy Announces Board Changes

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) is pleased to announce the appointment of Vidisha Prasad to the Amplify Board of Directors (“Board”). Ms. Prasad joins the Board following a comprehensive process, conducted with the assistance of a nationally recognized board recruitment firm, to complement the Board’s existing credentials and qualifications. Ms. Prasad will serve as a member of the Audit Committee. Ms. Prasad brings more than two decades of experience in energy investments, strategic and board advisory, corporate mergers, asset acquisitions and divestitures, capital markets and restructuring. Ms. Prasad is currently the Managing Partner of Adya Partners, a multi-strategy investment firm focused on private secondary investments and early-stage venture capital...

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