Year: 2023

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 11, 2023 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ), is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$2,000,000 consisting of flow-through units (the “FT Units”) offered at a price of $0.035 per FT Units and non-flow through units (the “NFT Units”) offered at a price of $0.03 per NFT Unit (the “Offering”). Each FT Unit will be comprised of one flow-through common share (a “FT Share”) and one common share purchase warrant (a “Warrant”) and each NFT Unit will be comprised of one common share (a “Share”) and one Warrant. Each Warrant will be exercisable at a price of $0.05 into one common share for a period of...

RYE, N.Y., Dec. 11, 2023 (GLOBE NEWSWIRE) — The Board of Trustees of the Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) has approved June 26, 2024 as an additional put date for the Series B Cumulative Puttable and Callable Preferred Shareholders (the “Series B Preferred”). The annual dividend rate of the Series B Preferred is 5.20%. Each Series B Preferred shareholder now has the right to put their shares to the Fund in each of the 60-day periods ending December 26, 2023, June 26, 2024, and December 26, 2024, after which the Series B preferred becomes perpetual. The Series B preferred shares become callable on December 19, 2023 after proper notification is given, at the liquidation value of $50.00 per share plus accrued dividends. As background, the Series B Preferred Shares, which trade on the NYSE...

VANCOUVER, British Columbia, Dec. 11, 2023 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning” or the “Company”) today announced that Jacynthe Côté has decided to retire from the Company’s Board of Directors on January 1, 2024. As previously announced by the Company on November 6, 2023, the Board has appointed John Rhind as an independent director to the Board of Directors, also effective January 1, 2024. “On behalf of the Board, I would like to thank Jacynthe for her significant contributions to the Board over her nine-year tenure, including serving as chair of the Safety, Environment and Social Responsibility Committee and the Human Resources Committee. Finning has benefited greatly from her thoughtful perspectives and insights in shaping our talent and sustainability strategies. We wish her the best in her role...

CALGARY, Alberta, Dec. 11, 2023 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) announces the completion of two financing initiatives in support of the ongoing process to raise project financing for the construction of the Company’s patterned solar glass manufacturing facility in Selkirk, Manitoba (the “Project”). The Company’s insiders, including board members and management, as well as certain key strategic investors have exercised 4,747,692 common share purchase warrants, at an exercise price of $0.40 per warrant, resulting in cash proceeds to CPS of $1,899,077. Following this initiative, the Company has 83,420,752 common shares outstanding. Additionally, the Company has reached an agreement with the holders of its outstanding convertible debentures to extend the maturity date by one year from...

TAMPA, Fla., Dec. 11, 2023 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today the closing of its underwritten public offering of 1,150,000 shares of its common stock at a public offering price of $78 per share, before underwriting discounts and commissions. This includes the exercise in full by the underwriters of their option to purchase up to an additional 150,000 shares of common stock in the offering, resulting in additional net proceeds to the company of approximately $11.1 million, after deducting underwriting discounts and commissions and estimated offering expenses. Total net proceeds to the company were approximately $85 million, after deducting underwriting discounts and commissions and...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CUPERTINO, CA, Dec. 11, 2023 (GLOBE NEWSWIRE) — (TSXV:BWLK) (OTCQB:BWLKF) Boardwalktech Software Corp. (the “Company” or “Boardwalktech”) is pleased to announce, subject to the approval of the TSX Venture Exchange (the “TSXV”) , that it intends to complete a non-brokered private placement for gross proceeds of up to C$2,000,000 (the “Offering”) pursuant to the Listed Issuer Financing Exemption (the “LIFE”) of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”). The Offering will consist of up to 6,666,666 units of the Company (each, a “Unit”, and collectively the “Units”) at a price of C$0.30 per Unit (the “Offering Price”). Each Unit will be comprised of one Common Share (each, a “Common Share”, and collectively...

Dallas, Texas, Dec. 11, 2023 (GLOBE NEWSWIRE) —  On November 8, 2023, Nubia Brand Acquisition Corp. (the “Company” or “Nubia”) filed a definitive proxy statement (as amended by the first and second supplement thereto, dated November 21, 2023, and November 30, 2023, respectively, the “definitive proxy statement”) for the solicitation of proxies in connection with a special meeting (the “Special Meeting”) of the Company’s stockholders to be held on December 12, 2023, to vote upon, among other things, a proposal to adopt and approve that certain Merger Agreement by and among Nubia, Honeycomb Battery Company, an Ohio corporation (“Honeycomb”), and Nubia Merger Sub, Inc., an Ohio corporation and wholly-owned subsidiary of the Corporation, and the business combination contemplated thereby (the “Business Combination”).  On December 11,...

SOMERSET, N.J., Dec. 11, 2023 (GLOBE NEWSWIRE) — CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDP, CCLDO), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that its Board of Directors has suspended its monthly cash dividends for its 11% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) beginning with the payment scheduled for December 15, 2023. The suspension of these dividends will defer approximately $1.3 million in cash dividend payments each month. During this suspension, dividends will continue to accrue on the Series A and Series B Preferred Stock. The Board of Directors will regularly review and consider...

HAMILTON, Ontario, Dec. 11, 2023 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Company”), a rapidly growing global healthcare technology company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announces that it has accepted the resignation of its CEO and Director, Dr. Lisa Crossley. Dr. Crossley will continue to work with the Company as an advisor to ensure that there is no disruption to operations. The Company would like to thank Dr. Crossley for her eight years of dedicated service as CEO of Reliq and wishes her the best with her recent health issues, and hopes she has a speedy recovery. The Board of Directors has appointed Mr. Chris Shields as Interim CEO. Mr. Shields currently handles the Company’s US business development...

New York, NY, Dec. 11, 2023 (GLOBE NEWSWIRE) — Sagaliam Acquisition Corp. (NASDAQ: “SAGAU”, “SAGA”, SAGAR”) (the “Company”) received a delisting notification letter (“Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) on December 8, 2023. The Company intends to file an appeal, and take all possible steps to maintain its Nasdaq listing. Following is the core text of the letter received from Nasdaq on December 8, 2023: On May 26, 2023, Staff notified the Company that the market value of its listed securities had been below the minimum $50,000,000 required for continued listing as set forth in Listing Rule 5450(b)(2)(A) for the previous 30 consecutive trading days.1 Therefore, in accordance with Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until November 22, 2023...