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Day: December 15, 2023

STEP Energy Services Announces Normal Course Issuer Bid

CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (TSX:STEP) (STEP) has received approval from the Toronto Stock Exchange (TSX) to proceed with a normal course issuer bid (NCIB) for its common shares. Under the NCIB, STEP may repurchase up to 3,611,653 common shares, representing five percent of its issued and outstanding common shares as at December 6, 2023. The NCIB is to commence on December 19, 2023 and end on December 18, 2024 or such earlier date as STEP may complete its maximum allowable purchases under the bid. Under the NCIB, other than purchases made under block purchase exemptions, STEP may purchase up to 22,557 common shares on the TSX during any trading day, which represents approximately 25 percent of the average daily trading volume on the TSX of 90,228 for the six months ended November...

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Statement from Aflac Incorporated and Trupanion Confirming Commitment to Strategic Alliance in North America

COLUMBUS, Ga. and SEATTLE, Dec. 14, 2023 (GLOBE NEWSWIRE) — “Since the establishment of a strategic business alliance in November 2020, Aflac Incorporated and Trupanion have shared a common belief that employers should consider a package of benefits for their employees to address the increasing number of consumers whose pets are a vital part of their families. Our collaboration addresses the growing need for solutions that help pet owners manage rising veterinary care costs. Together, we have launched a suite of high-quality pet medical insurance products available at U.S. worksites. After testing this alignment in Japan, a key market for Aflac, a decision was made to withdraw from development in Japan, and instead the companies are focusing on the larger, underpenetrated North American pet insurance market.” ″Aflac Incorporated’s...

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Impact Benefit Agreement signed for the James Bay Lithium Project

BRISBANE, Australia, Dec. 14, 2023 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: AKE, “Allkem” or the “Company”) is pleased to announce that it has signed the Kapisikama Agreement, an Impact and Benefit Agreement (“IBA”) with the Grand Council of the Crees (Eeyou Istchee), the Cree Nation Government and the Cree Nation of Eastmain regarding the development and operation of the James Bay Lithium Project (“James Bay Lithium Project” or “the Project”). The James Bay Lithium Project is located in northern Quebec, approximately 130km east of James Bay and the Cree community of Eastmain. The Kapisikama Agreement will govern the relationship between Allkem and the Cree Nation through a sustainable development approach based on mutual trust and respect during all phases of the Project. Comex approval (Quebec government and CREE Nation) of...

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Sal de Vida Project Financing increases to US$180M

BRISBANE Australia, Dec. 14, 2023 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: AKE, “Allkem” or the “Company”) advises its existing International Financing Corporation (“IFC”) project financing has been supplemented by an additional US$50M with IDB Invest for Allkem’s Sal de Vida Project (“SDV”) located in Catamarca Province, Argentina. HIGHLIGHTSIn July 2023, IFC project financing for the development of SdV Stage 1 was signed for up to US$130M IDB Invest has agreed to provide additional long term financing of US$50M on terms materially consistent with the IFC and will support sustainable development in line with internationally recognised environmental and social standards The increased project financing of US$180M remains structured as green and sustainability-linked loans. IFC and IDB Invest’s environmental and social performance...

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Neoleukin Therapeutics Announces 1-for-4 Reverse Stock Split

SEATTLE, Dec. 14, 2023 (GLOBE NEWSWIRE) — Neoleukin Therapeutics, Inc., “Neoleukin” or the “Company” (NASDAQ:NLTX), a biopharmaceutical company that has designed de novo protein therapeutics utilizing sophisticated computational methods, today announced that its Board of Directors (“Board”) has approved a reverse stock split of the Company’s outstanding shares of common stock at a ratio of 1-for-4. The reverse stock split will become effective at 12:02 a.m., Eastern Time on December 18, 2023. The Company’s common stock is expected to begin trading on a post-reverse stock split basis on the Nasdaq Global Market on December 19, 2023, under the new name Neurogene Inc. and under the new symbol “NGNE” following the anticipated closing of the merger with Neurogene Inc. (the “Merger”), with a new CUSIP number 64135M105....

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Eos Energy Announces Pricing of $50 Million Public Offering

EDISON, N.J., Dec. 14, 2023 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today announced the pricing of an underwritten public offering of (i) 34,482,759 shares of its common stock and (ii) accompanying common warrants to purchase one share of common stock for each share of common stock sold. The combined offering price to the public of each share of common stock and accompanying one common warrant is $1.45. The accompanying common warrants have an exercise price of $1.60 per share, are exercisable immediately, and will expire five years following the date of issuance. All of the shares of common stock and accompanying common warrants are being offered by Eos....

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Canada Carbon and the Municipality of Notre-Dame-du-Laus Announce the Creation of a Community Advisory Committee

Notre-Dame-du-Laus, QC, Canada, Dec. 14, 2023 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company” or “CCB”) (TSX-V: CCB), in conjunction with the Municipality of Notre-Dame-du-Laus (NDL), is pleased to announce the creation of a Community Advisory Committee (the “Committee”) to support the Company’s efforts in the development of the Asbury graphite mine in Notre-Dame-du-Laus. This Committee will serve as a formal means of information exchange and follow-up between CCB and the residents of NDL. It will promote collaboration between citizens and the Company and will optimize the development of a very promising project with the potential to benefit the entire community and the regional economy. The mandate of the Community Advisory Committee will be to make recommendations to Canada Carbon...

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Canada Carbon and the Municipality of Notre-Dame-du-Laus Announce the Creation of a Community Advisory Committee

NOTRE-DAME-DU-LAUS, Quebec, Dec. 14, 2023 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company” or “CCB”) (TSX-V: CCB), in conjunction with the Municipality of Notre-Dame-du-Laus (NDL), is pleased to announce the creation of a Community Advisory Committee (the “Committee”) to support the Company’s efforts in the development of the Asbury graphite mine in Notre-Dame-du-Laus. This Committee will serve as a formal means of information exchange and follow-up between CCB and the residents of NDL. It will promote collaboration between citizens and the Company and will optimize the development of a very promising project with the potential to benefit the entire community and the regional economy. The mandate of the Community Advisory Committee will be to make recommendations to Canada Carbon in order to influence the mine development process,...

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Canadian Premium Sand Inc. Announces Fiscal Year End 2023 Results

CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce its fiscal year end 2023 financial results. The Company’s audited financial statements and notes thereto and Management’s Discussion and Analysis for the three months and year ended September 30, 2023, are available under CPS’s SEDAR+ profile. Highlights The Company devoted its time and resources during the financial year ended September 30, 2023, investing $7.2 million to achieve “shovel ready” status for its patterned solar glass manufacturing facility in Selkirk, Manitoba (the “Project”). Specifically, the Company:Achieved positive results with its bulk sand testing project which confirmed that only simple, low-cost and environmentally responsible processes will be needed to refine its silica...

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