Day: December 8, 2023

Avance Gas Holding Ltd: Avance Gas agrees to sell two newbuildings for $240 million at a $73 million estimated profit

Written by Customer Service on . Posted in Public Companies.

Hamilton, Bermuda December 8, 2023   Avance Gas Holding Ltd (“Avance Gas” or the “Company”) (OSE: AGAS) today announce that it has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The buyer has agreed to pay $240 million en bloc for the two newbuildings when they are delivered from the yard i.e., ex-yard delivery. The newbuildings, Hull number 2367 and 2368 with intended name Avance Castor and Avance Pollux, were originally scheduled for delivery in the third and fourth quarter of 2023 but has been delayed with expected delivery now scheduled for March and May 2024, respectively.   The newbuildings were contracted in April 2021 at price of approximately $78 million each. They have since been upgraded with capex of about $3 million each for the ships to be able...

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American Lithium Announces Appointment of New Auditor

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) is pleased to announce the engagement of Davidson & Company LLP, Chartered Professional Accountants (“Davidson”), as auditor of the Company for the 2024 fiscal year. Davidson is a full-service accounting firm based in Western Canada. It is one of the largest public auditors in Canada with significant experience in the natural resource sector including engagements with numerous mining companies focused on many jurisdictions globally. To facilitate the engagement, Ernst & Young LLP, Chartered Professional Accountants (“EY”), have resigned as auditor at the request of the Company. At the time of the resignation, there was an unresolved issue outstanding where...

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YOOMA WELLNESS ANNOUNCES BANKRUPTCY FILING

Written by Customer Service on . Posted in Public Companies.

Toronto, Ontario, Dec. 07, 2023 (GLOBE NEWSWIRE) — Yooma Wellness Inc. (“Yooma” or the “Company“) (CSE: YOOM) (AQSE: YOOM), a global multi-branded wellness platform, including CBD products and other wellness brands, today announces that it has filed an assignment in bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada). Richter Inc. was appointed as Trustee of the estate.  Issuer Contact:Jordan Greenberg, CEOEmail: jgreenberg@yooma.caPhone: 1-512-823-1678

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Pulse Oil Corp. Announces Rights Offering to raise $4,156,000 and Provides Operations Update

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Dec. 07, 2023 (GLOBE NEWSWIRE) — Pulse Oil Corp. (the “Company” or “Pulse”) (TSXV: PUL) announced that it is offering rights (the “Rights Offering”) to holders of its common shares (“Common Shares”) of record at the close of business on December 15, 2023 (the “Record Date”). Pursuant to the Rights Offering, each holder of Common Shares (a “Shareholder”) will receive one-fifth of a transferable right for each Common Share held of Pulse as of the Record Date. Each whole right (a “Right”) will entitle the holder thereof to subscribe for one (1) Common Share at a price of $0.04 per Common Share (the “Basic Subscription Privilege”) until 2:00 p.m. (Pacific time) (the “Expiry Time”) on January 12, 2024. If the Rights are fully exercised, the Rights Offering will raise gross proceeds of $4,156,000. The Rights will be...

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