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Year: 2023

Discovery Lithium Confirms Multiple Surface Pegmatites at Eastern Quebec Property

Company encounters significant pegmatite occurrence at Lac Belanger claim blockDiscovery Lithium Pegmatite OutcropPegmatite Outcrop at Lac Belanger, QuebecVANCOUVER, British Columbia, Oct. 30, 2023 (GLOBE NEWSWIRE) — Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery is pleased to announce the verification of lithium prospective surface pegmatites at its recently acquired Lac Belanger and Lac Ferland claims in Eastern Quebec. An exploration crew, provided by Axium Exploration Group, was tasked to prospect, map, and sample the claims in an effort to verify potential pegmatite occurrences identified in a high-resolution satellite imagery study of...

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Orgenesis Announces Withdrawal of Proposed Public Offering

GERMANTOWN, Md., Oct. 30, 2023 (GLOBE NEWSWIRE) — Orgenesis Inc. (NASDAQ: ORGS) (“Orgenesis” or the “Company”), a global biotech company working to unlock the full potential of cell and gene therapies (CGT), today announced that it has withdrawn its previously announced proposed underwritten public offering of securities due to market conditions. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Orgenesis Orgenesis is a global biotech company that has been committed to unlocking the potential of decentralized...

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AYURCANN REPORTS 2023 FINANCIAL RESULTS FEATURING $22,371,604 IN GROSS REVENUE

Toronto, Ontario, Oct. 30, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis extraction company specializing in the processing and co-manufacturing of pharma grade cannabis and hemp to produce various derivative cannabis 2.0 and 3.0 products in the medical and recreational market, is pleased to announce its financial and operational results for the year ended June 30, 2023, the highlights of which are included in this news release. All figures are reported in Canadian dollars. The Company’s full set of consolidated audited financial statements for the years ended June 30, 2023 and 2022 and accompanying management’s discussion and analysis can be accessed by visiting the Company’s website at www.ayurcann.com and its profile page on SEDAR+...

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Savi Financial Corporation Earns $559,000 in the Third Quarter of 2023; Results Reflect Robust Loan Growth and Strong Credit Quality

MOUNT VERNON, Wash., Oct. 30, 2023 (GLOBE NEWSWIRE) — Savi Financial Corporation, Inc. (OTC Pink: SVVB), the bank holding company for SaviBank, today reported net income of $559,000, or $0.13 per diluted share, for the third quarter of 2023, compared to $561,000, or $0.13 per diluted share, in the preceding quarter and $1.10 million, or $0.25 per diluted share, in the third quarter of 2022. Results for the third quarter of 2023 were driven by strong loan growth and continued improvements in the Company’s CECL modeling. In the first nine months of 2023, net income was $1.59 million, or $0.36 per diluted share, compared to $2.63 million, or $0.60 per diluted share, in the first nine months of 2022. All results are unaudited. “Our third quarter 2023 operating results were driven by another strong quarter of loan and deposit growth,”...

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Canadian Spirit Resources Inc. Announces June 30, 2023 Year End Financial Results

CALGARY, Alberta, Oct. 30, 2023 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its annual financial results for the six month period ended June 30, 2023, including the filing of its audited annual financial statements for the six month period ended June 30, 2023 (the “Financial Statements“), management discussion and analysis for the six month period ended June 30, 2023 (the “MD&A“), and Forms 51- 101F1, F2 and F3. This news release summarizes information contained in the Financial Statements and MD&A and should not be considered a substitute for reading these full disclosure documents, and the Forms 51-101F1, F2 and F3, which are available on SEDAR+ at www.sedarplus.ca. In accordance with...

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ParaZero Technologies Ltd. Announces Closing of $5.1 Million Private Placement

KIRYAT ONO, ISRAEL, Oct. 30, 2023 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (“ParaZero” or the “Company”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced the closing of its recently announced securities purchase agreement. The aggregate gross proceeds to the Company were $5.1 million, before deducting fees to the placement agent and other offering expenses payable by the Company. In connection with the offering, the Company issued an aggregate of 4,636,364 units and pre-funded units. The pre-funded units were sold at the same purchase price less the pre-funded warrant exercise price of $0.005. Each unit and pre-funded unit consisted of one ordinary share (or pre-funded warrant) and one common warrant exercisable for one ordinary share at an exercise...

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Timberland Bancorp’s 2023 Fiscal Year Net Income Increases to $27.12 Million

Fiscal Year EPS Increased 17% to $3.29 Quarterly EPS Increased 5% to $0.81 from $0.77 for Preceding Quarter Quarterly Return on Average Assets of 1.45% Quarterly Return on Average Equity of 11.52% Quarterly Net Interest Margin of 3.85% Announces $0.23 Quarterly Cash DividendHOQUIAM, Wash., Oct. 30, 2023 (GLOBE NEWSWIRE) — Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”), the holding company for Timberland Bank (the “Bank”), today reported that net income increased 15% to $27.12 million for the fiscal year ended September 30, 2023 from $23.60 million for the fiscal year ended September 30, 2022. Earnings per diluted common share (“EPS”) increased 17% to $3.29 for the 2023 fiscal year from $2.82 for the 2022 fiscal year. Timberland also announced quarterly net income of $6.64 million, or $0.81 per diluted...

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Star Bulk Announces the Repurchase of an Additional 10 Million of its Common Shares From Oaktree

ATHENS, Greece, Oct. 30, 2023 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, announced today that it entered into a Repurchase Agreement (the “Repurchase Agreement”) with OCM XL Holdings, L.P., a limited partnership incorporated in the Cayman Islands, Oaktree OBC Container Holdings, LLC, a limited liability company organized in the Marshall Islands, and OCM FIE, LLC, a limited liability company organized in Delaware (collectively the “Sellers”), pursuant to which the Company agreed to purchase of an additional 10 million of its common shares (“Purchased Shares”) from the Sellers at a price per common share of $19.50 (such price, the “Purchase Price” and, such transaction, the “Share Repurchase”). The Share Repurchase...

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MARKSMEN ANNOUNCES FINAL CLOSING OF PRIVATE PLACEMENT

CALGARY, ALBERTA, Oct. 30, 2023 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed a second and final closing of a previously announced non-brokered private placement of units (the “Units”) of Marksmen (the “Offering”). The Company issued 200,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of $10,000, bringing the total gross proceeds raised in the Offering to $134,500. Each Unit is comprised of one (1) common share (“Common Share”) and one (1) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.10 per share expiring two (2) years from the date of issuance, subject to acceleration provisions (see news release dated July 12, 2023). Pursuant to the final closing of the Offering,...

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Verdict on Euro Sun Mining’s Environmental Case Delivered

TORONTO, Oct. 30, 2023 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) announces that the Cluj-Napoca district court (the “Court”) delivered a judgement today requiring the Company to re-apply for their Environmental Endorsement for the Rovina Valley Project (the “Project’). The Court ruled that the Environmental Resources Management’s certificate (“ERM Certificate”) issued by The Ministry of Environment was not valid at the time when the Company’s environmental report was submitted for obtaining the Environmental Endorsement. The Company will not appeal this judgement and will now work on preparing new documentation for obtaining an Environmental Endorsement. Commenting on this judgement, CEO of Euro Sun Mining, Mr. Grant Sboros, said “Although the verdict delivered was disappointing, Euro Sun...

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