Pulse Seismic Inc. Announces $8.5 Million Seismic Data Licensing Agreement and Declares Special Dividend

Written by Customer Service on December 6, 2023. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Dec. 06, 2023 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce the signing of an $8.5 million seismic data licensing sales agreement. In addition, the Company has declared a special dividend of $0.20 per common share. The licensing agreement announced today has two components, with the first tranche comprising $5.2 million of data being recognized as revenue today, bringing year to date revenue to $37.3 million. The second tranche, comprising $3.3 million of data, will be delivered to the client in January 2024 at which time the related revenue will be recognized. The special dividend, totaling approximately $10.5 million based on Pulse’s 52,637,463 common shares outstanding as of December 6, 2023, will be paid on January 8, 2024, to shareholders of...

Adams Diversified Equity Fund Announces $17.02 Issue Price of Shares for Year-End Distribution Payable December 20, 2023

Written by Customer Service on December 6, 2023. Posted in Dividend Reports And Estimates.

BALTIMORE, Dec. 06, 2023 (GLOBE NEWSWIRE) — Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $17.02 per share is the issue price for the closed-end fund’s year-end distribution to shareholders who have elected to receive all or a portion of the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund’s stock on the New York Stock Exchange on December 6, 2023. The shares of common stock will be issued in connection with payment of the $1.15 year-end distribution, consisting of $0.02 in net investment income and $1.13 in net realized capital gains. The year-end distribution is payable on December 20, 2023. The Fund has committed to distributing each year an amount equal to at least 6% of the Fund’s trailing 12-month average month-end market price. This year, the...

Adams Natural Resources Fund Announces $19.96 Issue Price of Shares for Year-End Distribution Payable December 15, 2023

Written by Customer Service on December 6, 2023. Posted in Dividend Reports And Estimates.

BALTIMORE, Dec. 06, 2023 (GLOBE NEWSWIRE) — Adams Natural Resources Fund, Inc. (NYSE: PEO) has determined that $19.96 per share is the issue price for the closed-end fund’s year-end distribution to shareholders who have elected to receive all or a portion of the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund’s stock on the New York Stock Exchange on December 6, 2023. The shares of common stock will be issued in connection with payment of the $1.05 year-end distribution, consisting of $0.40 in net investment income and $0.65 in net realized capital gains. The year-end distribution is payable on December 15, 2023. The Fund has committed to distributing each year an amount equal to at least 6% of the Fund’s trailing 12-month average month-end market price. This year, the...

MediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Progressive MS in Europe

Written by Customer Service on December 6, 2023. Posted in Public Companies.

LA JOLLA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced it has received a Notice of Decision to Grant from the European Patent Office for a pending patent application which covers the combination of MN-166 (ibudilast) and interferon-beta for the treatment of progressive multiple sclerosis (progressive MS). Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than October 2039. The allowed claims cover a combination of MN-166 (ibudilast) and interferon-beta for use in a method of treating, alleviating the negative effects of, or slowing the progression of progressive multiple sclerosis in patients previously...

Consolidated Lithium Closes Private Placement Financing

Written by Customer Service on December 6, 2023. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 06, 2023 (GLOBE NEWSWIRE) — CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.06 per Unit for gross proceeds of $1,687,591 (the “Offering”). For more information on the Offering, please see the Company’s press release dated November 1, 2023, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. Pursuant to the Offering, Consolidated Lithium issued 28,126,517 Units at a price of $0.06 per Unit. Each Unit consists of one common share of the Company (each, a “Common Share”) and one-half of one...

Athabasca Oil Announces 2024 Budget and Return of Capital Update

Written by Customer Service on December 6, 2023. Posted in Public Companies.

CALGARY, Alberta, Dec. 06, 2023 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) is pleased to announce its 2024 budget focused on profitable production growth and strong free cash flow generation. Athabasca provides investors unique positioning to top tier oil weighted assets (Thermal Oil and Duvernay) with a capital allocation framework aimed at maximizing cash flow per share growth and returning capital to shareholders. 2024 Budget Highlights Capital Program. Athabasca is planning capital expenditures of $175 million ($135 million Thermal Oil & $40 million Light Oil) with activity focused on completing the 28,000 bbl/d expansion project at Leismer, sustaining capital at Hangingstone and three Duvernay pads at Kaybob. Profitable and Sustainable Growth. The Company plans to grow production...

10X Capital Venture Acquisition Corp. II and African Agriculture, Inc. Announce Closing of Business Combination

Written by Customer Service on December 6, 2023. Posted in Public Companies.

Poised to Capture a Meaningful Share of the $21 Billion Global Alfalfa Market Trading Expected to Commence on Nasdaq Global Market December 7, 2023 under Ticker “AAGR” Announces Name Change to African Agriculture NEW YORK, NY, Dec. 06, 2023 (GLOBE NEWSWIRE) — 10X Capital Venture Acquisition Corp. II (“10X II”) (NASDAQ:VCXA), a publicly traded special purpose acquisition company, announced today that it has completed its previously announced merger with African Agriculture, Inc., a global food security company operating a commercial-scale alfalfa farm on the African continent. The transaction was approved by 10X II’s shareholders at an extraordinary general meeting held on December 5, 2023. In connection with the closing, 10X II changed its name to “African Agriculture Holdings Inc.” (“African Agriculture”). Commencing December...

Gas Insulated Switchgear Market worth $31.6 Billion by 2028 – Exclusive Report by MarketsandMarkets™

Written by Customer Service on December 6, 2023. Posted in Mergers And Acquisitions.

Chicago, Dec. 06, 2023 (GLOBE NEWSWIRE) — The global Gas Insulated Switchgear Market is expected to grow from USD 23.8 billion in 2023 to USD 31.6 billion by 2028, at a CAGR of 5.8% according to a new report by MarketsandMarkets™. The gas insulated switchgear market is poised for substantial growth during this period, primarily due to the expected strengthening of power distribution infrastructure in response to the growing demand for electricity. Furthermore, the expansion of renewable energy capacity and increased investments in industrial production are set to drive the demand for gas insulated switchgear. The market is expected to experience accelerated growth, particularly with the increasing use of high-voltage direct systems. This surge in demand for switchgear is primarily driven by the increasing energy consumption...

Northrop Grumman Announces New $2.5 Billion Share Repurchase Authorization

Written by Customer Service on December 6, 2023. Posted in Public Companies.

FALLS CHURCH, Va., Dec. 06, 2023 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $2.5 billion for the repurchase of the company’s common stock, increasing the outstanding authorized amount to approximately $3.8 billion. Share repurchases will take place from time to time, subject to market conditions and management’s discretion, in the open market or in privately negotiated transactions. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible...

Rigetti Launches the Novera QPU, the Company’s First Commercially Available QPU

Written by Customer Service on December 6, 2023. Posted in Public Companies.

The Novera QPU is Rigetti’s first commercially available QPU. The QPU includes a 9-qubit chip that features tunable couplers for fast 2-qubit operations and a 5-qubit chip for testing single-qubit operations. The Novera QPU is based on Rigetti’s fourth generation Ankaa-class architecture. The Novera™ QPU The Novera™ QPU is Rigetti’s 9-qubit QPU based on the Company’s fourth generation Ankaa-class architecture. Photo Credit: Drew Bird Photography. BERKELEY, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) — Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today the launch of its Novera™ QPU, a 9-qubit quantum processing unit (QPU) based on the Company’s fourth generation Ankaa™-class architecture featuring tunable...

Day: December 6, 2023

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