December 28, 2023 – Page 2

MedBright AI Announces Closing of Investment in Limmi Healthcare AI Platform

Written by Customer Service on December 28, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 28, 2023 (GLOBE NEWSWIRE) — MedBright AI Investments Inc. (the “Company” or “MedBright”) (CSE:MBAI, OTCQB:MBAIF, FSE:1V7) today announced that further to its press releases dated September 8, 2023 and October 17, 2023, Vinergy Acquisition Corp., a wholly owned US subsidiary of MedBright (“MB Acquisition Co.”), has issued 350 common shares of MB Acquisition Co. (the “MBAC Shares”) to Mentorhead Incorporated, a Delaware corporation, dba Limmi (“Limmi”)‎ pursuant to the intellectual property license and option agreement dated October 16, 2023, as amended and restated December 20, 2023 (the “IP License and Option Agreement”). Pursuant to the IP License and Option Agreement, Limmi granted to Vinergy Licensing Corp., a wholly owned US subsidiary of MedBright (the “MB Licensing Co.”), certain rights to...

Capital Power completes acquisition of 50.15% interest in the Frederickson 1 Generating Station

Written by Customer Service on December 28, 2023. Posted in Public Companies.

EDMONTON, Alberta, Dec. 28, 2023 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (“Capital Power”) successfully completed the acquisition of a 50.15% interest in the Frederickson 1 Generating Station (“Frederickson 1” or the “Facility”), a 265-megawatt (MW) natural gas-fired combined-cycle generation facility in Pierce County, Washington. The acquisition was previously announced on October 10, 2023. The facility was acquired from Atlantic Power & Utilities for US$97.5 million, subject to working capital adjustments. Capital Power financed the transaction using cash on hand and its credit facilities. The other 49.85% interest in the Facility is owned by Puget Sound Energy (“PSE”). As part of the ownership agreement with PSE, Capital Power will operate and maintain the facility and will receive an annual management fee...

Healthy Extracts Prepares for NYSE American Listing with Reverse Stock Split

Written by Customer Service on December 28, 2023. Posted in Public Companies.

LAS VEGAS, Dec. 28, 2023 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX, HYEXD), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, will effect a 1-for-120 reverse split of its common stock, effective at the opening of the market tomorrow, Friday, December 29, 2023. The reverse stock split will be implemented in connection with the company’s intention to uplist the company’s common stock to the NYSE American. The reverse split is intended to fulfill the stock price requirements for a listing on the NYSE American stock exchange, which requires that the company’s common stock be priced at $3.00 or higher at the time of listing. The company is taking steps to satisfy...

Kadant to Acquire Key Knife, Inc.

Written by Customer Service on December 28, 2023. Posted in Mergers And Acquisitions.

WESTFORD, Mass., Dec. 28, 2023 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates (“Key Knife”) for approximately $156 million in cash, subject to certain customary adjustments. The acquisition is expected to close in early January 2024, subject to the satisfaction of customary closing conditions, and will be financed primarily through borrowings under Kadant’s revolving credit facility. Founded in 1986, Key Knife is a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries. Its products enable wood processing mills to improve fiber recovery, product quality, and maximize production while lowering operating costs. The company is headquartered in Tualatin, Oregon with 141 employees...

Results of Operations for the Three Months Ended September 30, 2023 – American Overseas Group Limited Announces Net Income Of $4.3 Million For the Three Months September 30, 2023

Written by Customer Service on December 28, 2023. Posted in Earnings Releases And Operating Results.

HAMILTON, Bermuda, Dec. 28, 2023 (GLOBE NEWSWIRE) — American Overseas Group Limited BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net income available to common shareholders of $4.3 million, or $91.11 per diluted share, for the three months ended September 30, 2023. This compares to consolidated net loss available to common shareholders of $0.4 million, or $9.42 per diluted share, for the three months ended September 30, 2022. Book value per weighted share at September 30, 2023 was $776.61, a slight decrease from the book value per weighted share of $780.66 at September 30, 2022. For the three months ended September 30, 2023, net earned property and casualty premiums increased $3.2 million from $4.8 million a year ago to $8.0 million. Quarter to Date fee income increased $1.5 million...

HPQ Incentive Stock Option Distribution

Written by Customer Service on December 28, 2023. Posted in Public Companies.

MONTREAL, Dec. 28, 2023 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company specializing in green engineering processes for silica and silicon material manufacturing announces that on December 28, 2023, HPQ Board of Directors has granted the following incentive stock options under the company’s 2021 Stock Option Plan to directors, officers, employees, and consultants of the company entitling the option holders to acquire an aggregate of 9,800,000 common shares of the company. These options are exercisable at a price of $0.215 per share and will expire on December 28th, 2028. Each share issued pursuant to those grants will have a mandatory four (4) months and one (1) day holding period from the date of the grant of the options. About HPQ Silicon HPQ Silicon...

Dundee Corporation Announces Results of Substantial Issuer Bid for Its Series 3 Preferred Shares

Written by Customer Service on December 28, 2023. Posted in Public Companies.

TORONTO, Dec. 28, 2023 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A, DC.PR.B and DC.PR.D) (“Dundee” or the “Corporation”) announced today the results of its substantial issuer bid (the “Offer”) to purchase for cancellation from the holders thereof who chose to participate up to 975,610 of its issued and outstanding Cumulative Floating Rate First Preference Shares, Series 3 in the capital of the Corporation (the “Series 3 Shares”) at a purchase price of C$20.50 per Series 3 Share, for a maximum aggregate purchase price of C$20,000,005. The Offer expired at 11:59 p.m. (Toronto time) on December 27, 2023. Based on the report of Computershare Investor Services Inc., as depositary for the Offer (the “Depositary”), 914,040 Series 3 Shares were tendered to the Offer. In accordance with the terms and conditions of the Offer and based...

Oxurion Avoids Bankruptcy, Announces Board and Management Changes and Enters into Binding Letter of Intent with its Main Creditor Atlas

Written by Customer Service on December 28, 2023. Posted in Public Companies.

Regulated information – Inside information No bankruptcy filing Significant reduction in Working Capital costs Atlas commits to fund Oxurion’s Working Capital costs (including the Preclinical GA Program) through 2024 using the existing Atlas Funding Program, under the conditions as set out below Intent to put in place Debt Restructuring plan Two new independent directors have been co-opted to the Board, and a new CEO/CFO, who will also act as an executive board member, have been appointed upon proposal of Atlas Leuven, BELGIUM – December 28, 2023 – 9:00 PM CET – Oxurion NV (Euronext Brussels: OXUR), a biopharmaceutical company headquartered in Leuven, announced today it has avoided bankruptcy by entering into a binding letter of intent (LOI) with Atlas Special Opportunities LLC (Atlas) and an addendum to the existing subscription...

Trevena Announces the Closing of $4 Million Concurrent Private Placement and Warrant Exercise

Written by Customer Service on December 28, 2023. Posted in Public Companies.

CHESTERBROOK, Pa., Dec. 28, 2023 (GLOBE NEWSWIRE) — Trevena, Inc. (“Trevena” or the “Company”) (Nasdaq: TRVN), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced that it has closed its previously announced offering for the issuance and sale of 2,779,906 shares of common stock (or pre-funded warrants in lieu thereof) of Trevena and warrants to purchase up to an aggregate of 2,779,906 shares of common stock of Trevena, at a purchase price of $0.70 per share (or pre-funded warrant in lieu thereof) and associated warrant in a private placement, for gross proceeds to the Company of approximately $1.946 million (the “private placement”). Pursuant to a previously announced definitive agreement with respect to the immediate...

GN Store Nord announces change to the Board of Directors

Written by Customer Service on December 28, 2023. Posted in Public Companies.

Board member Ronica Wang has decided to step down from the Board of Directors of GN Store Nord A/S. Consequently, GN’s Board of Directors as of today consists of Jukka Pekka Pertola (Chair), Klaus Holse (Deputy chair), Anette Weber, Hélène Barnekow, and members elected by the employees: Leo Larsen, Cathrin Inge Hansen, and Claus Holmbeck-Madsen. For further information, please contact: Investor RelationsAnne Sofie Staunsbæk Veyhe +45 45 75 85 06Rune Sandager +45 45 75 92 57 Media Relations Steen Frentz Laursen +45 20 65 34 20 About GN GN facilitates communication between people through intelligent hearing, audio, video, and gaming technology. Inspired by people and driven by our passion for innovation, we leverage technologies to deliver unique user experiences that bring people closer through the power of sound and vision. GN was founded...

Day: December 28, 2023

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