Month: December 2023

HONG KONG, Dec. 29, 2023 (GLOBE NEWSWIRE) — VS Media Holdings Limited (NASDAQ: VSME, the “Company”), a leader in managing a global network of digital creators, announced today that today announced that it received written notification on December 27, 2023, from The Nasdaq Stock Market LLC that it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). The closing bid price for the Company’s ordinary shares had fallen below $1.00 per share for 33 consecutive business days and accordingly, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). However the Nasdaq Listing Rules also provide the Company a compliance...

VANCOUVER, British Columbia, Dec. 29, 2023 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) announces that it has been notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings relating to the title of 32 disputed concessions out of a total of 174 owned by the Company’s subsidiary, Macusani Yellowcake (“Macusani”). If jurisdiction is established, INGEMMET and MINEM will attempt to persuade the Supreme Court to overturn the recent Superior Court ruling in favor of Macusani. Key facts:The Supreme Court normally only hears cases where the law is claimed to have been misapplied, where a mistrial has occurred or where a matter of national security is at stake; More than 75% of petitions...

Seasoned Industry Executive Brings More Than 25 Years of Leadership and Business Development Experience DURHAM, N.C., Dec. 29, 2023 (GLOBE NEWSWIRE) — Chimerix (NASDAQ:CMRX), a biopharmaceutical company whose mission is to develop medicines that meaningfully improve and extend the lives of patients facing deadly diseases, today announced Lisa Decker, Chief Business Officer at IGM Biosciences, has been appointed to Chimerix’s Board of Directors. Ms. Decker replaces Catherine Gilliss PhD, RN, FAAN, who is simultaneously retiring from the Chimerix Board after nearly 10 years of service. “We are delighted to welcome Lisa to the Chimerix Board of Directors. She brings a wealth of scientific expertise, oncology drug development and business development experience that will be important assets to Chimerix as we advance our pipeline...

Parties sign collaboration agreement to evaluate Foresight’s 3D perceptioncapabilities for enhancing the manufacturer’s automotive vision solutions Ness Ziona, Israel, Dec. 29, 2023 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced the signing of a multi-phase cooperation agreement with a leading global electric vehicle (EV) original equipment manufacturer (OEM) in China, specializing in EVs, rechargeable batteries and related products. As previously announced on September 21, 2023, the first phase of the agreement consists of a proof of concept (POC) project to evaluate Foresight’s 3D perception capabilities, including high resolution point cloud, object detection and disparity map, for the possible enhancement...

Company to manage five sites, 122,000 machines, and more than 300 MW of energy Miami, Fla, Dec. 29, 2023 (GLOBE NEWSWIRE) — The reorganization plan sponsored by Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”), one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, filed in the Celsius Network LLC bankruptcy proceedings was approved by the United States Bankruptcy Court for the Southern District of New York. The plan provides for the transfer of Celsius Network LLC’s mining operations to a newly-created “MiningCo,” with Hut 8 managing MiningCo’s mining operations under a four-year mining management agreement.    “The mining plan that was presented to the creditors and the courts is strong and sound, and we look forward to proceeding...

Company to manage five sites, 122,000 machines, and more than 300 MW of energy MIAMI, Dec. 29, 2023 (GLOBE NEWSWIRE) — The reorganization plan sponsored by Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”), one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, filed in the Celsius Network LLC bankruptcy proceedings was approved by the United States Bankruptcy Court for the Southern District of New York. The plan provides for the transfer of Celsius Network LLC’s mining operations to a newly-created “MiningCo,” with Hut 8 managing MiningCo’s mining operations under a four-year mining management agreement. “The mining plan that was presented to the creditors and the courts is strong and sound, and we look forward to proceeding with construction...

According to the purchase and sale agreement signed today, Enefit Green sells Brocēni cogeneration plant and pellet factory in Latvia to Warmeston. “Increasing the share of wind and solar energy in the Baltic States and Poland is the focus of Enefit Green. Currently, we have six wind parks under construction in Finland, Estonia, and Lithuania, as well as four solar power plants in Estonia, Latvia, and Poland with a total capacity of 715 megawatts. The sale of biomass-based cogeneration businesses allows us to focus more on our strategic business direction. The professional team at Broceni is a valuable foundation for Warmeston’s growth. We thank the team for their contribution and wish them success in the future,” said Innar Kaasik, Member of the Management Board and Production Manager of Enefit Green. The object of the...