Day: December 8, 2023
ZUG, Switzerland, Dec. 08, 2023 (GLOBE NEWSWIRE) — Pharvaris (Nasdaq: PHVS), a clinical-stage company developing novel, oral bradykinin-B2-receptor antagonists to treat and prevent hereditary angioedema (HAE) attacks, today announced the presentation of one oral session and two posters at the Global Allergy and Asthma Excellence Network (GA²LEN) Urticaria Centers of Reference and Excellence (UCARE) Conference, being held from December 7-9, 2023, at the Rebouças Convention Center in São Paulo, Brazil.
Prof. Markus Magerl, M.D., presented an oral session titled “Treatment of HAE Attacks with Deucrictibant: RAPIDe-1 Phase 2 Trial Results” on Friday, December 8, 11:18-11:26 a.m. BST (9:18-9:26 a.m. EST). RAPIDe-1, a pivotal Phase 2 trial of deucrictibant immediate-release capsule (PHVS416) in the on-demand treatment HAE attacks, showed...
WEST MINING ANNOUNCES PRIVATE PLACEMENT
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Vancouver, BC, Dec. 08, 2023 (GLOBE NEWSWIRE) — West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) is pleased to announce that it will be conducting a non-brokered private placement of up to $250,000 through the issuance of up to 5,000,000 units at a price of $0.05 per unit (the “Financing”). Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of $0.065 for a period of two years from the date of issuance. The Company may pay finder’s fees in connection with the Financing. Securities issued under the Financing will be subject to a four month hold period in accordance with applicable Canadian securities laws. The Company intends to use the proceeds of the Financing for general working capital.
This news...
Eguana Announces Closing of First Tranche of Private Placement of Units and Provides Corporate Update
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) (“Eguana” or the “Company”), a leading developer and manufacturer of high-performance energy storage systems, is pleased to announce that, further to the Company’s news release dated November 23, 2023, it has closed the first tranche of a non-brokered private placement offering of units of the Company (the “Units”). The Company issued 11,300,000 Units at a price of $0.04 per Unit for gross proceeds of $452,000 (the “Offering”).
Each Unit is comprised of one common share (each a “Common Share” and collectively, the “Common Shares”) and one common...
Constellation Brands Announces New Leadership Appointments
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VICTOR, N.Y., Dec. 08, 2023 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced a number of new leadership appointments designed to position the company for sustained and industry-leading performance over the long term.
“One of the hallmarks of our company’s success over many years has been our relentless focus on continuing to find ways to position Constellation Brands for sustained and industry-leading performance,” said Bill Newlands, Constellation Brands’ President and Chief Executive Officer. “Continuing to invest in our talent to further strengthen leadership capabilities, broaden skill sets and perspective, and to enhance overall business acumen and strategic orientation is foundational to achieving our future ambitions.”
The aforementioned new leadership appointments...
Acreage Announces Executive Leadership Transition
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NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., announced that Philip Himmelstein, Vice President of Financial Planning & Analysis at Acreage, will be assuming the role of Interim Chief Financial Officer, effective December 31, 2023. Carl Nesbitt has elected to step down from his role as Chief Financial Officer to pursue new opportunities, effective December 31, 2023. Mr. Nesbitt has also resigned from the Board of Directors of the Company, effective immediately.
“Philip has been an integral member of Acreage for a number of years, and we are very pleased to welcome him to the executive team,” said Dennis Curran, Chief Executive...
Global Helium Corp. Announces Closing of Second Tranche of Private Placement
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CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) — Global Helium Corp. (“HECO” or the “Company”) (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the “Offering”). By way of the Offering, HECO intends to issue 1,621,621 series B preferred shares at a price of US$0.185 per share to US residents.
The Company shall pay a dividend on the principal amount of each outstanding Preferred Share in the amount of 10% per annum starting from the date of issuance until the earlier of the date of conversion or the fifth anniversary of the date of issuance (the “Maturity Date”). Each Preferred Share is convertible into units of the Company (“Units”)...
Cerro Grande Mining Corporation Announces Extension to Date for Payment of Last Installment of Purchase Price under APA
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TORONTO, Dec. 08, 2023 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) announces that the Asset Purchase and Contracts Assignment Agreement (the “APA”) dated December 1, 2020 entered into between Minera Tamidak Limitada (“Tamidak”) and the Company’s wholly-owned subsidiary Minera Til Til SpA (“Til Til”) pursuant to which Til Til acquired from Tamidak the mining concessions and other assets covering the Pimentón Copper Gold Mining Project as originally reported in the Company’s news release dated December 1, 2020 has been amended such that the date for the third and final installment payment of the Purchase Price (as defined below) under the APA due on December 1, 2023 has been extended to June 1, 2024.
Pursuant to the APA, CEG has paid, on behalf of Til Til, the first and second installments...
Liquidity Services Announces Retirement of Phillip A. Clough from its Board of Directors
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BETHESDA, Md., Dec. 08, 2023 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy with the world’s largest online marketplace for business surplus, today made the following announcements with respect to its board of directors consistent with its long-range succession planning.
Mr. Phillip A. Clough is retiring from the company’s board of directors, effective February 2, 2024, after 20 years of dedicated service, consistent with the company’s succession plan. “Phil has been a trusted member of our Board for almost two decades. We are grateful for his steady guidance and dedication to achieving our mission of providing a Better Future for Surplus benefitting buyers, sellers and the planet. We wish him and his family all the best following...
Dorel Enters into New US$88 Million Term-Loan Facility
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MONTREAL, Dec. 08, 2023 (GLOBE NEWSWIRE) — Dorel Industries Inc. (TSX: DII.B, DII.A) today announced that it has entered into a new US$88 million senior secured term-loan credit agreement with a group of lenders led by First Eagle Investments, as lead arranger and sole bookrunner, and administrative agent. The new term loan, which is guaranteed by certain of Dorel’s subsidiaries, will mature on the earlier of December 8, 2026 and the date on which Dorel’s revolving credit facility matures, currently scheduled for June 4, 2026 unless extended in accordance with the terms of the related credit agreement.
Profile
Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel’s strength lies in the diversity, innovation and quality of its products...
Jianzhi Education Technology Group Company Limited Reports First Half 2023 Financial Results
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BEIJING, Dec. 08, 2023 (GLOBE NEWSWIRE) — Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced its financial results for the first half of 2023.Net revenues were RMB280.6 million ($38.7 million) for the first six months of 2023, compared to RMB260.4 million during the same period in 2022.
Gross profit was RMB23.9million ($3.3million) for the first six months of 2023, compared to RMB40.0 million during the same period in 2022.
Net loss for the first half 2023 was RMB93.6 million ($12.9 million), compared to net loss of RMB2.9 million during the same period in 2022.Yong Hu, CEO of the Company commented: “Our company’s half-year performance demonstrated positive growth in net revenues, primarily driven by the strong...