Day: October 30, 2023

KIRYAT ONO, ISRAEL, Oct. 30, 2023 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (“ParaZero” or the “Company”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced the closing of its recently announced securities purchase agreement. The aggregate gross proceeds to the Company were $5.1 million, before deducting fees to the placement agent and other offering expenses payable by the Company. In connection with the offering, the Company issued an aggregate of 4,636,364 units and pre-funded units. The pre-funded units were sold at the same purchase price less the pre-funded warrant exercise price of $0.005. Each unit and pre-funded unit consisted of one ordinary share (or pre-funded warrant) and one common warrant exercisable for one ordinary share at an exercise...

ATHENS, Greece, Oct. 30, 2023 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that it entered into a Repurchase Agreement (the “Repurchase Agreement”) with OCM XL Holdings, L.P., a limited partnership incorporated in the Cayman Islands, Oaktree OBC Container Holdings, LLC, a limited liability company organized in the Marshall Islands, and OCM FIE, LLC, a limited liability company organized in Delaware (collectively the “Sellers”), pursuant to which the Company agreed to purchase of an additional 10 million of its common shares (“Purchased Shares”) from the Sellers at a price per common share of $19.50 (such price, the “Purchase Price” and, such transaction, the “Share Repurchase”). The Share Repurchase...

CALGARY, ALBERTA, Oct. 30, 2023 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed a second and final closing of a previously announced non-brokered private placement of units (the “Units”) of Marksmen (the “Offering”). The Company issued 200,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of $10,000, bringing the total gross proceeds raised in the Offering to $134,500. Each Unit is comprised of one (1) common share (“Common Share”) and one (1) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.10 per share expiring two (2) years from the date of issuance, subject to acceleration provisions (see news release dated July 12, 2023). Pursuant to the final closing of the Offering,...

TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) announces that the Cluj-Napoca district court (the “Court”) delivered a judgement today requiring the Company to re-apply for their Environmental Endorsement for the Rovina Valley Project (the “Project’). The Court ruled that the Environmental Resources Management’s certificate (“ERM Certificate”) issued by The Ministry of Environment was not valid at the time when the Company’s environmental report was submitted for obtaining the Environmental Endorsement. The Company will not appeal this judgement and will now work on preparing new documentation for obtaining an Environmental Endorsement. Commenting on this judgement, CEO of Euro Sun Mining, Mr. Grant Sboros, said “Although the verdict delivered was disappointing, Euro Sun...

RANCHO CORDOVA, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (the “Company” or “Five Star”), the holding company for Five Star Bank (the “Bank”), today reported net income of $11.0 million for the three months ended September 30, 2023, as compared to $12.7 million for the three months ended June 30, 2023 and $11.7 million for the three months ended September 30, 2022. Third Quarter Highlights Performance and operating highlights for the Company for the periods noted below included the following:  Three months ended(in thousands, except per share and share data) September 30,2023   June 30,2023   September 30,2022Return on average assets (“ROAA”)   1.30 %     1.55 %     1.60 %Return on average equity (“ROAE”)   16.09 %     19.29 %     19.35 %Pre-tax income $ 15,795     $ 17,169     $ 16,534  Pre-tax,...

REDWOOD CITY, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS) today announced that its third quarter 2023 financial results will be released after market close on Monday, November 6, 2023. Starting at 5:00 p.m. ET on November 6, 2023, Coherus’ management team will host a conference call and webcast to discuss financial results and provide a general business update. Conference Call Information When: Monday, November 6, 2023, starting at 5:00 p.m. Eastern TimeTo access the conference call, please pre-register through the following link to receive dial-in information and a personal PIN to access the live call: https://register.vevent.com/register/BI0eececfba52f4f83a7438c9f002fabc4 Webcast: https://edge.media-server.com/mmc/p/z2fatkzx A press release containing the third quarter financial...

Work Truck Solutions Improved Both Top and Bottom-Line Results Third Quarter Highlights:Produced Net Sales of $144.1 million Delivered Net Income of $5.8 million, or $0.24 of Diluted EPS Solutions Net Sales increased approximately 18%, and Adjusted EBITDA margin improved to 7.3% Updated 2023 guidance ranges Paid $0.295 per share cash dividendMILWAUKEE, Oct. 30, 2023 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the third quarter ended September 30, 2023. Bob McCormick, President, and CEO stated. “While at first glance our results show negative comparisons to the same period last year in aggregate, there are plenty of positive elements to our results this quarter. Our Solutions segment produced...

Project 49% complete as at the end of Q3 2023; Guajes Tunnel breakthrough expected by year-endFigure 1Breakthrough of Guajes Tunnel expected in late December (advance rates as at end of September)Figure 2Project execution plan for the Media Luna Project(All amounts expressed in U.S. Dollars unless otherwise stated) TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) provides Q3 2023 update on the development of its Media Luna Project (“Media Luna”). Unless otherwise stated, progress and milestones referenced in this press release are as of September 30, 2023. Jody Kuzenko, President & CEO of Torex, stated: “Development of Media Luna continues to track well to plan, with first concentrate production remaining on track for late 2024 and commercial production...