Day: December 21, 2023

MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Chlorine Gas-induced Lung Injury Accepted for Presentation at the 63rd Annual Meeting of the Society of Toxicology

MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Chlorine Gas-induced Lung Injury Accepted for Presentation at the 63rd Annual Meeting of the Society of Toxicology

LA JOLLA, Calif., Dec. 21, 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 that an abstract regarding results of a nonclinical study of MN-166 (ibudilast) in chlorine gas-induced acute lung injury has been selected for a poster presentation at the Society of Toxicology (SOT) 63rd Annual Meeting and ToxExpo to be held March 10 – 14, 2024 in Salt Lake City, Utah. The poster will be presented by MediciNova’s collaborator, Perenlei Enkhbaatar, MD, PhD, FAHA, Professor, Department of Anesthesiology, Director, Translational Intensive Care Unit, Charles Robert Allen Professor in Anesthesiology at The University of Texas Medical Branch. The presentation details are as follows: Abstract...

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Brunswick Corporation Addresses Previously Reported Data Security Incident

Brunswick Corporation Addresses Previously Reported Data Security Incident

METTAWA, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (“Brunswick”) understands the importance of protecting personal data and retaining the trust of its customers and employees. Unfortunately, as noted in previous disclosures, Brunswick was the victim of a data security incident in June 2023. In response to this incident, Brunswick conducted a comprehensive and thorough investigation and identified that a limited amount of sensitive personal data in its custody or control was impacted by this incident. However, Brunswick has no reason to believe that any personal data has been misused or will be misused in the future. What Happened? In June 2023, Brunswick discovered that a third party had gained unauthorized access to certain systems in its information technology (IT) environment. Brunswick immediately deployed...

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Global Hydrogen Energy Completes Business Combination with Dune Acquisition Corporation to Form Publicly Traded Global Gas Corporation

Global Hydrogen Energy Completes Business Combination with Dune Acquisition Corporation to Form Publicly Traded Global Gas Corporation

Pure Play Hydrogen and Carbon Recovery Project Developer and Industrial Gas Supplier Global Gas is a Founder-Led, Minority-Owned Business All Existing Global Hydrogen Equityholders to Roll 100% of their Equity into the Combined Company Approximately 98% of Shares Voted at the Special Meeting of DUNE’s Stockholders Voted to Approve the Business Combination WEST PALM BEACH, Fla.& NEW YORK, Dec. 21, 2023 (GLOBE NEWSWIRE) — Global Hydrogen Energy LLC (“Global Hydrogen”), which seeks to be a leader in the sustainable energy transition as a next-generation industrial gas supplier, and Dune Acquisition Corporation (Nasdaq: DUNEU, DUNE, DUNEW) (“Dune”), a special purpose acquisition company, today announced the completion of its previously announced business combination. The combined company is named Global Gas Corporation (“Global...

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Fancamp Closes $4.56 Million Private Placement

Fancamp Closes $4.56 Million Private Placement

VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Company”) (TSX Venture Exchange: FNC) is pleased to announce that is has closed a non-brokered private placement for aggregate gross proceeds to the Company of $4,561,581 (the “Private Placement”). Under the Private Placement, the Company has issued a total of: (i) 4,000,000 common shares of the Company (“Common Shares”) qualifying as “flow-through shares” (“FT Shares”) for the purposes of the Income Tax Act (Canada)(the “Act”) at a price of $0.0875 per FT Share for gross proceeds of $350,000 (the “FT Offering”); and (ii) 60,165,455 Common Shares at a price of $0.07 per Common Share for gross proceeds of $4,211,581 (the “NFT Offering”). All securities issued pursuant to the Private Placement are subject to a hold period of...

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Vital Energy Acquires Additional Working Interests in Recent High-Value Acquisitions in the Permian Basin

Vital Energy Acquires Additional Working Interests in Recent High-Value Acquisitions in the Permian Basin

TULSA, OK, Dec. 21, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced the acquisition of additional working interests in producing assets associated with the recent asset acquisition from Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC (collectively “Henry”) for total consideration of $55 million1. The purchase will increase Vital Energy’s working interest in 45 wells by an average of 24%, increasing the Company’s estimated 2024 production by approximately 1,400 BOE/d (57% oil). The transaction is expected to increase Vital Energy’s 2024 Free Cash Flow2 by approximately $20 million3, furthering Vital Energy’s deleveraging goals. The transaction is associated with the exercise of tag-along rights by owners of certain assets...

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Algoma Steel Group Announces Director Retirement

Algoma Steel Group Announces Director Retirement

SAULT STE. MARIE, Ontario, Dec. 21, 2023 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that Andrew Schultz is retiring from the board of directors effective December 31, 2023. Mr. Schultz originally joined the board of Algoma Steel Holdings Inc., a predecessor to the Company, in connection with its acquisition of the assets of Essar Algoma Steel Inc. in 2018, and continued as a director of Algoma in October 2021 as it became a public company following the merger with Legato Merger Corporation. He served as Chair of both the Human Resources & Compensation Committee and the Risk Committee, and as a valuable member of the Audit Committee and Operations & Capital Projects Committee. “On...

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R1 RCM to Present at the 42nd Annual J.P. Morgan Healthcare Conference

R1 RCM to Present at the 42nd Annual J.P. Morgan Healthcare Conference

MURRAY, Utah, Dec. 21, 2023 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced its management team will present at the 42nd Annual J.P. Morgan Healthcare Conference on Tuesday, January 9, 2023, at 10:30am ET. A live audio webcast of each presentation will be available on the Investor Relations section of R1’s website at r1rcm.com. A replay of the webcast will be available for 90 days following the live webcast. About R1 RCMR1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s...

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Northview Residential REIT Announces December Distribution

Northview Residential REIT Announces December Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Dec. 21, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its December 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of C$0.091146 per Unit (C$1.09 per Unit on an annualized basis). The distribution will be payable on January 15, 2024 to holders of Units of record at December 31, 2023. About Northview Residential REIT The REIT is a publicly traded real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario for the primary purpose of indirectly acquiring, owning and operating a portfolio of income producing rental properties in secondary markets...

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MAX Power’s First Drill Hole Supports New Lithium Discovery in Western United States

MAX Power’s First Drill Hole Supports New Lithium Discovery in Western United States

Max Power Mining Corp Figure 1: The Willcox Playa Max Power Mining Corp Figure 2: Representative Drill Core Max Power Mining Corp Figure 3: Godbe Drilling’s Core Rig on Hole WP-23-01 VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) has intersected a thick lithium claystone sequence as well as multiple liquid brine targets in its first diamond drill hole at the Willcox Playa in southeast Arizona. This represents a new discovery with considerable scale and grade potential as MAX Power’s Willcox Property covers a 6-mile-long north-south corridor defined by favorable geophysics and surrounded by excellent infrastructure in the heart of the American West. Highlights: From the top of the hole to approximately...

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Par Pacific Announces 2024 Capital Expenditure Guidance

Par Pacific Announces 2024 Capital Expenditure Guidance

HOUSTON, Dec. 21, 2023 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced its 2024 capital expenditure and turnaround outlay guidance with a range of $220 million to $250 million.   2024 Capital Expenditure andTurnaround Outlay Guidance $ in millions       Turnarounds & Catalyst ¹ $75 – 90 Maintenance ² 85 – 90 Growth ³ 60 – 70 Total Capital Expenditure andTurnaround Outlay $220 – 250 ¹ Includes pre-turnaround spend related to the 2025 Hawaii turnaround.² Includes Billings reliability investments.³ Includes capital spend for the Hawaii renewable hydrotreater project.   About Par Pacific Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, is a growing energy company providing both renewable and conventional fuels to the...

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