Day: October 13, 2023

Silver Bull Announces Execution of Key Persons Retention Agreement

VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) — Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull” or the “Company”) is pleased to announce that following the entering into the litigation funding agreement with Bench Walk Advisors LLC (the “LFA”), the Company has established a Management Retention Agreement (“MRA”), which is a long-term incentive program to retain key personnel of the Company who have important historical information and knowledge to contribute towards the Claim. The MRA provides that if the international arbitration claims against Mexico for breaches of its obligations under NAFTA (the “Claim”) is successful and the Company receives damages proceeds, 12% of the net proceeds will be directed to the MRA for distribution to its participants, which include Timothy Barry, President, CEO...

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Giga Metals – Options Granted

VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) — Giga Metals Corporation (TSX.V:GIGA, OTCQX: GIGGF) today announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 570,000 stock options to certain Employees and Consultants, exercisable at $0.30 per share, expiring October 13, 2028. 25% of the options will vest immediately, with an additional 25% vesting on each anniversary after issuance. 100% of the options will vest in the event of a change of control of the Company. About Giga Metals Corporation Giga Metals Corporation’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few significant undeveloped sulphide nickel and cobalt resources in the world. Turnagain is held in Hard Creek Nickel, a subsidiary owned...

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First Bancshares, Inc. Announces Third Quarter Results for 2023

MOUNTAIN GROVE, Mo., Oct. 13, 2023 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its financial results for the quarter ended September 30, 2023. For the quarter ended September 30, 2023, the Company reported net income of $1,635,000 or $0.68 per share-diluted, compared to $1,667,000, or $0.68 per share-diluted for the comparable period in 2022. Year to date the Company reported net income of $5,157,000 or $2.12 per share compared to $4,088,000 or $1.67 per share the same period 2022. The Company’s continued improvement in earnings-per-share has been assisted through strategic share repurchases. Year to date changes from the nine months ended September 30, 2022, include a $2,959,000 increase in net interest income after provisions for loan losses,...

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CIB Marine Bancshares, Inc. Announces Third Quarter 2023 Results

BROOKFIELD, Wis., Oct. 13, 2023 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter and nine months ended September 30, 2023. During the quarter, CIBM Bank grew its commercial loan portfolio, took cost reduction actions, and continued to adjust its mortgage operations at an increasingly challenged time in this interest rate cycle. The Mortgage Division had a nominal operating loss in the third quarter versus a small operating profit in the second quarter of 2023. The Bank’s cost of funds was sharply higher, causing a reduction in Banking Division earnings. Net income for the quarter was $0.4 million, or $0.28 basic and $0.21 diluted earnings per share, compared...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for November 15, 2023

CALGARY, Alberta, Oct. 13, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to October 2023 of $0.11 per common share is to be paid on November 15, 2023, for shareholders of record on October 31, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident...

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Notice of 2023 Third Quarter Results Conference Call and Webcast for Analysts and Investors

Date:  November 2, 2023 Time: 1:00 PM (Eastern Time)     EDMUNDSTON, New Brunswick, Oct. 13, 2023 (GLOBE NEWSWIRE) — Acadian Timber Corp. will release its 2023 third quarter results after market close on Wednesday, November 1, 2023, which will be available on our website at www.acadiantimber.com under “Press Releases.” The release will be followed by a conference call and webcast on Thursday, November 2, 2023, at 1:00 p.m. (Eastern Time) to discuss with members of senior management our financial and operating results. To participate in the third quarter conference call, please register here, or follow the link on our website at www.acadiantimber.com/presentations_and_webcasts, to receive your unique PIN. The media and investing public may access this conference call via a listen-in mode only. The third quarter conference...

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Spirit Blockchain Announces Adjustment to Terms of Strategic Investment in InvestDEFY Technologies

Vancouver, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (CSE: SPIR) (the “Company” or “Spirit”), a leading digital asset investment firm, reports that, further to its press release dated February 6, 2023, it has reached a mutual agreement with InvestDEFY Technologies Inc. (“InvestDEFY”), a full stack AI platform that powers unique structured products for the digital asset space, to settle the cash component of the consideration in common shares of the Company (the “Common Shares”) in order to increase InvestDEFY’s equity position in Spirit. Accordingly, the Company will issue an aggregate of ‎4,275,000 Common Shares to InvestDEFY at a price of $0.05 per Common Share on October 20, 2023 in accordance with the policies of the Canadian Securities Exchange. All Common Shares to be issued are subject...

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Travere Therapeutics to Present Abstracts at the American Society of Nephrology (ASN) Kidney Week 2023

Two late-breaking high-impact oral presentations of the Phase 3 PROTECT Study of FILSPARI® (sparsentan) in IgAN and Phase 3 DUPLEX Study of sparsentan in FSGS 11 total abstracts accepted for presentation highlight Travere’s leadership and commitment in the field of rare kidney disease SAN DIEGO, Oct. 13, 2023 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. (Nasdaq: TVTX) today announced that the Company will present 11 abstracts, including two late-breaking oral presentations, at the upcoming American Society of Nephrology (ASN) Kidney Week 2023 in Philadelphia, PA, November 2-5, 2023. Presentations will highlight the long-term efficacy and tolerability data of FILSPARI® (sparsentan) in IgA nephropathy (IgAN) from the PROTECT Study, as well as the potential for use of FILSPARI as a first-line treatment in newly diagnosed IgAN patients...

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Stronghold Announces Bitcoin Mining Update and Frontier Managed Services Agreement

NEW YORK, Oct. 13, 2023 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, or the “Company”) today provided the following updates regarding its operations and financial performance: Bitcoin Mining Update Stronghold mined 196 Bitcoin in September 2023 and generated approximately $0.2 million in energy revenue, which represents the equivalent of approximately 7 additional Bitcoin based on the average price of Bitcoin during the month of September. This equates to approximately 203 of Bitcoin-equivalent production in September 2023 compared to approximately 235 in August 2023. The Company experienced an unplanned outage during September 2023 at its Scrubgrass power plant (the “Scrubgrass Plant”) that affected both its plant operations and data center operations. The Company elected to extend the outage...

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Hammond Power Solutions Announces Third Quarter 2023 Financial Results Conference Call and Webcast Notification

GUELPH, Ontario, Oct. 13, 2023 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) today announced that it will release its financial results for the Third Quarter ended September 30, 2023 on Thursday, October 26, 2023 after markets close. Following the release of its financial results, HPS will hold a conference call and webcast on Friday, October 27, 2023 at 9:00 a.m. Eastern Time. This call can be accessed by registration through participant links: Date/Time: October 27, 2023/ 9 a.m. ET Live Call Participant Registration Link:https://register.vevent.com/register/BI9b1a3d61e51c4672b0119d0a83ff5bac Audio-Only Webcast:https://edge.media-server.com/mmc/p/qtnn2ond A webcast replay will be available for 12 months. ABOUT HAMMOND POWER SOLUTIONS INC.Hammond Power Solutions Inc. (“HPS” or the “Company”)...

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