Day: October 27, 2023

Traction Uranium Amends LIFE Offering; Announces Additional Private Placement of Flow-Through Units

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Oct. 27, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) announces amendments to the terms of its non-brokered private placement financing pursuant to the listed issuer financing exemption (the “LIFE Exemption”) under Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) previously announced on September 27, 2023 (the “LIFE Offering”); and further announces an additional non-brokered private placement of up to 5,714,285 flow-through units of the Company (the “FT Units”) for gross proceeds of up to $1,000,000 (the “FT Units Offering”).‎ Amended Terms of LIFE Offering The LIFE Offering is now comprised of up to 10,000,000...

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Lifeist Reports Third Quarter 2023 Financial Results

Focus on efficiencies and delivering high-quality products drives improvements in gross margins and cost reductions TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: LFSWF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today reported its financial results for the three months ended August 31, 2023 (“Q3 2023”) compared to the same period last year (“Q3 2022”). All financial figures are in Canadian dollars unless otherwise indicated. Third Quarter Net revenue of $4.8 million in Q3 2023 compared to $6.8 million in Q3 2022. The strategic focus on high margin activities and operational efficiency continues to pay off with gross margins improving to 30% in Q3...

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NEW WAVE COMPLETES THE ACQUISITION OF 51% SHARES IN ROSEY INC.

VANCOUVER, BC, Oct. 27, 2023 (GLOBE NEWSWIRE) — New Wave Holdings Corp. (the “Company” or “New Wave”) (CSE:SPOR, FWB: 0XMO, OTCPK: TRMNF) is pleased to announce, further to its news releases of September 7 and September 29, 2023, that the Company has completed the acquisition of 51% of the issued and outstanding shares (the “Transaction”) in the capital of Rosey Inc. (“Rosey”), a private corporation existing under the laws of Ontario, pursuant to the terms of and conditions of a Share Exchange Agreement dated September 22, 2023 (the “Agreement”) among the Company, Rosey and shareholders of Rosey (the “Shareholders”). Transaction Terms Pursuant to the terms and conditions of the Agreement, in consideration for 51% of the issued and outstanding shares in the capital of Rosey (the “Rosey Shares”), the Company has issued an aggregate...

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Medallion Announced Board Changes

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) — Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today that Rod McKeen and Andrew Morden have resigned from the Board of Directors, effective immediately. Mark Saxon, a current Director, will assume the role of Chairman. The Company also announces the appointment of John C. (“JC”) Cunningham as Director. Mr. Cunningham currently serves as the President of VLP Inc., a renowned consulting firm specializing in navigating the intricacies of the public markets. Under his stewardship, VLP Inc. has earned a reputation as a trusted partner for companies seeking to optimize their performance, achieve strategic objectives, and enhance shareholder value. The Company sincerely thanks Mr. McKeen and Mr. Morden for their...

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XORTX Announces Results of Special Meeting of Shareholders

CALGARY, Alberta, Oct. 27, 2023 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease, announces the results of its special meeting of shareholders (the “Meeting”) held earlier today. A total of 8,453,229 common shares of the Company were represented at the Meeting, representing approximately 47% of the total number of common shares of the Company issued and outstanding. The sole item of business of the Meeting, being shareholder approval of the Consolidation Resolution was duly authorized and approved. Anthony Giovinazzo, Chairman, stated, “We are thankful to all shareholders that voted. Further, we appreciate that the majority of shareholders...

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Aterian Sets Date for Third Quarter 2023 Earnings Announcement & Investor Conference Call

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian”) announced today that it plans to report its second quarter 2023 financial results after the market close on Wednesday, November 8, 2023, and plans to host a conference call for investors and interested parties at 5:00 p.m. ET that evening. The conference call will be accessible by telephone and the internet. To access the call, participants from within the U.S. should dial (800) 715-9871 and participants from outside the U.S. should dial (646) 307-1963 and ask to be joined into the Aterian, Inc. call. Participants may also access the call through a live webcast at https://ir.aterian.io. The archived online replay will be available for a limited time after the call in the investors section of the Aterian corporate website. About Aterian, Inc.Aterian,...

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MISTRAS Group Announces Conference Call to Discuss Third Quarter Results on November 3, 2023

PRINCETON JUNCTION, N.J., Oct. 27, 2023 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Friday, November 3, 2023 at 9:00 am Eastern Time to discuss its results for the third quarter of 2023. A press release with the third quarter results will be issued after the close of market on Thursday, November 2, 2023. To listen to the live webcast of the conference call, visit the Investor Relations section of MISTRAS Group’s website at www.mistrasgroup.com. Individuals wishing to participate in the live question and answer session may pre-register at: https://register.vevent.com/register/BI1d9e10d7ee7d412d8d7ff829b244567f. Upon registering, a dial-in number and unique PIN will be provided to join the conference call. Following the conference call, an archived webcast of the call will be available for...

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BlackRock® Canada Announces Risk Rating Update

TORONTO, Oct. 27, 2023 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) today announced an update to the investment risk rating of the hedged common units of the iShares exchange-traded fund (“iShares ETF”) listed below. iShares ETF Name Previous Risk Rating Updated Risk Rating iShares Gold Bullion ETF – Hedged Common Units (TSX: CGL) Medium to High Medium A copy of the standardized risk classification methodology used by BlackRock Canada to identify the investment risk levels of the iShares ETFs is available on request, at no cost, by calling us at 1-855-255-5951 or by writing to BlackRock Canada at 161 Bay Street, Suite 2500, Toronto, Ontario M5J 2S1. About BlackRock BlackRock’s purpose is to help more and...

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Republic Bancorp and Norcross Braca Group Announce $35 Million Investment

Investment Will Improve Capital Ratios and Result in Reconstitution of Republic Board, with Appointment of Philip A. Norcross as Chair as well as Gregory B. Braca and Two New Independent Directors Legacy Directors Andrew B. Cohen, Harry D. Madonna, Lisa Jacobs and Harris Wildstein to Depart from Board PHILADELPHIA, Oct. 27, 2023 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (OTCEM: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank, and George E. Norcross, III, Gregory B. Braca, Philip A. Norcross, Lexie Norcross, other Norcross family members and affiliates (collectively, the “Norcross Braca Group”), today announced that they have signed a Securities Purchase Agreement to effectuate a $35 million investment by the Norcross Braca Group. As part of the agreement, the Company’s Board...

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Latin Metals Seeking Partners for Cerro Bayo Gold-Silver Project in Argentina and Lacsha Copper Project, Peru

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) — Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) OTCQB: LMSQF) provides details of projects in Argentina and Peru for which it is seeking partners to enter into option agreements. Latin Metals holds a diversified portfolio of mineral exploration assets in South America. The Company operates with a Prospect Generator model whereby partners are secured under option agreements to fund drilling and advanced exploration. The Company has several projects which are drill-ready and for which partners are being sought. Cerro Bayo Gold-Silver Project, Argentina The Cerro Bayo gold-silver property (“Cerro Bayo” or the “Property”) is a drill-ready exploration property located in the prolific Deseado Massif, Santa Cruz Province, Argentina, where exploration since...

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