Year: 2023

VANCOUVER, British Columbia, Dec. 12, 2023 (GLOBE NEWSWIRE) — NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces the terms of a new flow-through (“FT”) private placement. The FT private placement will consist of the sale of up to 2,500,000 FT Units at $0.20 each, for gross proceeds of up to $500,000. Each FT Unit will be comprised of one common share, issued on a flow-through basis (“FT Share”) and one-half Common Share purchase warrant, issued on a non-flowthrough basis (“Warrant”). Each full Warrant will entitle the holder thereof to acquire one common share in the capital of the company (each, a “Common Share”) at a price of $0.23 per Common Share for a period of 24 months from date of issuance. The FT Shares are intended to qualify as “flow-through shares” within...

VANCOUVER, British Columbia, Dec. 12, 2023 (GLOBE NEWSWIRE) — POWR Lithium Corp. (CSE: POWR) (FRA: 6JX / WKN: A3D6BS) (OTCQB: PWRLF) (“POWR” or the “Company”), a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to announce the appointment of Mr. Matt Chatterton as Chief Executive Officer and member of the board of directors. The Company further announces that Mr. Patrick Morris has resigned as Chief Executive Officer. Key Takeaways:Matt Chatterton, PEng. appointed as CEO and Director of POWR Lithium New CEO has extensive process engineering and mine project execution experienceWith POWR’s strategic planning solidly established, the Company’s goal is to establish firm guidance for the development of practical and economically viable mineral processing technologies...

HONG KONG, Shanghai and FLORHAM Park, N.J., Dec. 12, 2023 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (Nasdaq/AIM:​HCM, HKEX:​13) (“HUTCHMED”) today announces that it has completed enrollment of its Phase II/III trial of fruquintinib in combination with sintilimab as second-line treatment for locally advanced or metastatic renal cell carcinoma (“RCC”) in China. The study is a randomized, open-label, active-controlled study to evaluate the efficacy and safety of fruquintinib in combination with sintilimab versus axitinib or everolimus monotherapy for the second-line treatment of advanced RCC. The primary endpoint is progression free survival (“PFS”) per RECIST 1.1 as assessed by blinded independent central review (BICR). The secondary endpoints include objective response rate (“ORR”), disease control rate (“DCR”), duration of response...

December 2023 Visit at Los AzulesDecember 2023 Visit at Los AzulesTORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report consolidated production in the October-November period has increased to 29,600 gold equivalent ounces (“GEOs”)(1), a significant improvement over the first nine months of the year. In November, Gold Bar production increased to 7,800 gold ounces. As a result of the strong performance at Gold Bar, partially offset by slightly lower production at Fox and San José, our forecast for the full year 2023 is now estimated at 154,200 GEOs (see Table 1). “Gold Bar has picked up the pace in the fourth quarter due to higher ore crushing rates combined with an expansion of the heap leach pad, which resulted in a large gold inventory on the heap leach pad starting to...

Shenzhen, China, Dec. 12, 2023 (GLOBE NEWSWIRE) — Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) (the “Company” or “AIH”), a leading provider of aesthetic medical services in China, announced (1) the appointment of Onestop Assurance PAC as the Company’s independent registered public accounting firm to replace Union Power HK CPA Limited (“Union Power”), effective December 12, 2023; (2) the resignation of Mr. JIM Wai Hang from his position as an independent director and a member of the audit committee of the board of directors of the Company (the“Board”), due to personal reasons, with effect on and from December 12, 2023; and (3) the appointment of Ms. XU Tianqing as an independent director and a member of the audit committee of the Board, with effect on and from December 12, 2023. Change of Auditor The change...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. QUEBEC CITY, Dec. 12, 2023 (GLOBE NEWSWIRE) — Stelmine Canada (“Stelmine” or the “Company”) (TSXV: STH) is pleased to announce  the closing of the first tranche of a non-brokered private placement (“Offering”) of flow-through units (the “FT Units”) for gross proceeds of $505,200. The Company issued a total of 5,943,528 FT Units at a price of $0.085 per FT Unit. Each FT Unit consisted of one common share of the Company to be issued as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Quebec) (each, a “FT Share”) and one-half of a non-flow-through common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to...

CALGARY, Alberta, Dec. 12, 2023 (GLOBE NEWSWIRE) — DIVERGENT Energy Services Corp. (“Divergent”, the “Company“, or “DVG”) provides the following Corporate Update. As previously disclosed on November 17, a customer of the Company that contributes approximately 80% of the Company’s recent annual sales continues to experience a material slow down in their business due to its ongoing sales process. The significant drop in natural gas prices over the past month has caused this customer to have liquidity issues and they have begun prioritizing payments to certain vendors over Divergent. Last week, a scheduled payment to Divergent was significantly less than the Company had been expecting, causing both our credit exposure to this customer and our suppliers to increase beyond an acceptable limit. As a result, the Company has...

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR IMMEDIATE RELEASE. Toronto, Ontario and Nucla, Colorado, Dec. 12, 2023 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of its brokered private placement financing previously announced in the Company’s news release issued on December 4, 2023 (the “Offering”). Pursuant to the Offering, Western has issued a total of 5,215,828 units at a price of Cdn$1.39 per unit (each, a “Unit”) for aggregate gross proceeds of approximately Cdn$7,250,000, with each Unit being comprised of one common share (each, a “Share”) and one half of one common share purchase warrant (each, a “Warrant”). Each Warrant is exercisable into one Share of the Company at a price...

GREENWICH, Conn., Dec. 12, 2023 (GLOBE NEWSWIRE) — XPO (NYSE: XPO), a leading provider of LTL freight transportation in North America, today announced that the United States Bankruptcy Court for the District of Delaware has approved the company’s offer to acquire 28 service center locations previously operated by Yellow Corporation. XPO will purchase 26 service centers and assume existing leases for the other two locations. The transaction is expected to close by the end of 2023. Mario Harik, chief executive officer of XPO, said, “This acquisition of real estate is a once-in-a-generation opportunity to increase capacity in critical, growing freight markets, create more jobs and serve our customers even more effectively. We look forward to integrating these prime sites to enhance network efficiency and drive our next decade of growth.” The...