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Day: October 17, 2023

AB Jets Achieves Hat Trick with the Addition of Three Bombardier Challenger 3500, Marking New Chapter for the Company

AB Jets and Bombardier executives during today’s announcementFrom left to right: Jean-Christophe Gallagher, Executive Vice President, Aircraft Sales & Bombardier Defense, Éric Martel, President and CEO at Bombardier, David Turner, Co-owned and Director of Operations at AB Jets, Andrew Bettis, founder and co-owner of AB Jets, Mark H. George, Chairman at IMC, and Frank Vento, Vice President, Sales – US.AB Jets transforms its fleet by acquiring three Bombardier Challenger 3500 aircraft, with a contractual option to order a fourth by the end of 2023. With the acquisition, AB Jets enters the super-midsize category, embarking on an important new chapter for the company. The bestselling Challenger 3500 jet remains a top choice for operators looking to offer an unparalleled cabin experience, connectivity, and comfort.LAS...

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American Future Fuel Successfully Drills Second Hole, with Positive Results: Confirming Historical Data

Figure 1Figure 1VANCOUVER, British Columbia, Oct. 17, 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 additional downhole radiometric survey results from the Phase 1 drilling program at the Company’s flagship Cebolleta Uranium Project (“Cebolleta” or the “Project”) located in the Grants Uranium Mineral Belt. Results continue to be very encouraging as the radiometric equivalent U308 grade (% e U3O8) values for two additional confirmation holes closely match historical data from near the same locations. Century Wireline Services completed the downhole radiometric survey (i.e. natural gamma log) of the Company’s completed boreholes and reported the following results:  Drill Hole Top Depth Thickness Grade...

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Ardelyx Announces Amendment of Debt Financing Agreement with SLR Capital Partners to Provide $50 Million of Additional Committed Capital

Additional non-dilutive capital extends runway to support the launch of XPHOZAH® (tenapanor) and continued commercial investment into IBSRELA® (tenapanor) in the U.S. WALTHAM, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) — Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs, today announced that it has amended the debt financing agreement with investment affiliates managed by SLR Capital Partners (SLR) it originally entered into in February 2022. The amendment includes access to an additional $50 million in committed debt financing, at Ardelyx’s election, and, subject to SLR credit approval, may be further increased by an additional $50 million. The interest-only period for existing and new...

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LNG Energy Group Announces Letter of Credit Facility with Macquarie Group

Highlights:U.S.$13.3 million uncommitted letter of credit facility to fund exploration and development work commitments with the ANH. LNG Energy Group proves it can access non-dilutive capital to help grow its business in Colombia.TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH) (the “Company” or “LNG Energy Group”) is pleased to announce that a wholly-owned subsidiary of the Company, LNG Canada Holdco Inc. (the “Borrower”) has entered into a letter of credit facility (the “LC Facility”) with Macquarie Group (“Macquarie”) in the aggregate principal amount of U.S.$13.3 million in order to fund its work commitment guarantees for its exploration and development blocks in Colombia. Lewis Energy Colombia, Inc. (the “Guarantor”), a wholly-owned subsidiary of the...

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Warrantee Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Tokyo, Japan, Oct. 17, 2023 (GLOBE NEWSWIRE) — Warrantee Inc. (Nasdaq: WRNT) (the “Company” or “Warrantee”), a Japanese marketing and market research technology company, today announced that the Company received a letter (the “Notification Letter”) from the Listings Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on October 13, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification. Nasdaq Listing Rule 5550(a)(2) requires listed companies to maintain a minimum bid price of US$1.00 per share and Listing Rule 5810(c)(3)(A) provides that a failure...

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Talaris Therapeutics Announces Stockholder Approval of Merger with Tourmaline Bio

Combined Company to Trade on Nasdaq Under Ticker “TRML”Talaris Announces 1-for-10 Reverse Stock Split of Common Stock BOSTON, Oct. 17, 2023 (GLOBE NEWSWIRE) — Talaris Therapeutics, Inc. (Nasdaq: TALS) (“Talaris”) today announced the results of the special meeting of its stockholders held on October 17, 2023. At the special meeting, Talaris’ stockholders voted in favor of all proposals, including the proposal to approve the issuance of shares of Talaris’ common stock to the stockholders of Tourmaline Bio, Inc. (“Tourmaline”) pursuant to the terms of the Agreement and Plan of Merger, dated as of June 22, 2023, pursuant to which a direct wholly owned subsidiary of Talaris will merge with and into Tourmaline, with Tourmaline surviving the merger as a direct wholly owned subsidiary of Talaris (the “Merger”). The closing of the Merger...

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SmartCentres Declares Distribution for October 2023

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of October 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on November 15, 2023 to unitholders of record as at October 31, 2023. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 189 strategically located properties in communities across the country. SmartCentres has approximately $11.8 billion in assets and owns 34.9 million square feet of income producing value-oriented retail and first-class office properties with 98.2% in place and committed...

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Lincoln Electric Announces 11% Dividend Increase

28th Consecutive Annual Dividend Increase CLEVELAND, Oct. 17, 2023 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend, from $0.64 per share to $0.71 per share, or to $2.84 per share on an annualized basis. The dividend is payable January 12, 2024, to shareholders of record at the close of business on December 31, 2023. “Our dividend increase reflects strong execution of our Higher Standard 2025 Strategy, record cash flow generation, and confidence in our ability to continue to generate superior long-term value for our shareholders,” said Christopher L. Mapes, Chairman, President and Chief Executive Officer. About Lincoln Electric Lincoln Electric is the world leader in the engineering, design, and manufacturing...

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Peyto Announces Closing of Repsol Acquisition, Exchange of Subscription Receipts Into Common Shares, an Issuance of Senior Secured Notes and Appointment of New Director

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Oct. 17, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company“) (TSX: PEY) is pleased to announce that it has completed its previously announced acquisition of Repsol Canada Energy Partnership, which holds the Canadian upstream oil and gas business of Repsol Exploración, S.A.U. (“Repsol“), including all related midstream facilities and infrastructure located predominantly in the Deep Basin area of Alberta, for cash consideration of US$468 million (CDN$636 million) (the “Acquisition“) prior to closing adjustments. The Acquisition increases Peyto’s current production to 123,000 boe/d (86% natural gas, 14% NGLs), adds over 800 high-impact...

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Stantec to release third quarter 2023 results on November 9, 2023 and host conference call on November 10, 2023

EDMONTON, Alberta, Oct. 17, 2023 (GLOBE NEWSWIRE) — TSX,NYSE: STN Stantec, a global leader in sustainable design and engineering, will release its third quarter 2023 financial results after markets close on Thursday, November 9, 2023. On Friday, November 10, 2023, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company’s performance. Q3 2023 Webcast and Conference Call Friday, November 10, 2023 at 7:00 AM Mountain Time (9:00 AM Eastern Time)Go to Webcast Conference Call – Preregistration is recommendedTo participate in the Q&A, please register: Conference Call Registration (Canada and United States). After registering, an email will be sent,...

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