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Day: January 10, 2024

Vortex Energy Commences Drill Trail Clearing Process at the Robinsons River Salt Project, Newfoundland & Labrador

The drill trail allows for drive-in-access for trucks, drilling rigs, and wireline equipment to begin drilling at core well two at the Robinsons River Salt Project VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company”) is pleased to announce the commencement of the clearing process for approximately 3.1 km of drill trail road in preparation for the drilling of the second core well at the Robinsons River Salt Project (the “Project”). The work is being completed by On Grade Construction of Stephenville, Newfoundland and Labrador, a subcontractor hired under the supervision and project management of the Company’s primary consulting partner, RESPEC Consulting Inc (“RESPEC”). The priority from RESPEC has been to assist the mobilizing efforts with...

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Global System Dynamics, Inc. Receives Notice of Non-Compliance with Nasdaq’s Listing Rule 5620(a)

HOUSTON, Texas, Jan. 10, 2024 (GLOBE NEWSWIRE) — Today, Global System Dynamics, Inc. (“GSD,” the “Company”) announced that it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) that it is not in compliance with the Nasdaq’s annual shareholder meeting requirement, pursuant to Nasdaq Listing Rule 5620(a). On January 5, 2024, Nasdaq notified the Company in a letter (the “Notice Letter”) that it did not comply with Nasdaq Listing Rule 5620(a), which requires listed companies to hold an annual shareholder’s meeting no later than one year following its last fiscal year. To date, the Company has not held its annual shareholder’s meeting. The Notice Letter stated that such deficiency would be an additional factor considered by the Nasdaq Hearing Panel (the “Panel”) in the Company’s hearing regarding delisting from the Nasdaq....

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Middlefield Announces Intention to Convert International Clean Power Dividend Fund Into Infrastructure Dividend Split Corp

TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) — Middlefield Limited (the “Manager”), the manager of International Clean Power Dividend Fund (“CLP”), is pleased to announce that CLP intends to merge (the “Merger”) into Infrastructure Dividend Split Corp. (“Infrastructure Split Corp.”), a split share corporation to be formed in connection with the Merger, with unitholders of CLP becoming Class A shareholders of Infrastructure Split Corp. In conjunction with the Merger, Infrastructure Split Corp. plans to undertake an offering of a number of preferred shares (the “Preferred Shares”) approximately equal to the number of Class A shares that are outstanding immediately following the Merger. Terms of the Preferred Shares will be announced at least 60 days prior to the Preferred Share offering and will be included in an information circular...

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BridgeBio Pharma Announces Publication of Positive Results from Phase 3 ATTRibute-CM Study of Acoramidis for Patients with Transthyretin Amyloid Cardiomyopathy (ATTR-CM) in the New England Journal of Medicine

– ATTRibute-CM demonstrated a significant treatment effect of acoramidis on the primary endpoint (a hierarchical analysis inclusive of all-cause mortality (ACM) and frequency of cardiovascular-related hospitalization (CVH)), with a Win Ratio of 1.8 (p

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Middlefield Announces Real Estate Fund Merger

TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) — Middlefield is pleased to announce that Sustainable Real Estate Dividend Fund (“Real Estate Closed-End Fund”) will merge into the Middlefield Real Estate Dividend ETF (“Real Estate ETF”) (TSX:MREL) (“the Merger”), which will result in unitholders of both funds benefiting from a larger fund with expected assets of over $120 million (based on current valuations), better liquidity and the opportunity to continue participating in the real estate sector via the Real Estate ETF managed by Middlefield Limited (the “Manager”). The Merger is expected to be completed on or about May 16, 2023 (the “Effective Date”), with the Real Estate ETF being the continuing entity following the Merger. The Merger will be effected on a tax-deferred roll-over basis and accordingly, unitholders of the funds to be...

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As PRFoods resolutions adopted by Extraordinary Shareholders Meeting

AS PRFoods resolutions adopted by the Extraordinary General Meeting of Shareholders of AS PRFoods on 10.01.2024 The extraordinary general meeting of shareholders (the General Meeting) of AS PRFoods (the Company) was held at 9.00 am on Wednesday 10.01.2024 at Peetri 12 (Kai Art Center), 10415 Tallinn. The notice of the General Meeting together with the agenda was published on 20 December 2023 via the Nasdaq Tallinn Stock Exchange information system and on the website of the Company at https://prfoods.ee/prfoods. The notice of the General Meeting was also published in Eesti Päevaleht of 20 December 2023. 6 shareholders registered for the General Meeting, whose shares represented 26 004 203 votes, which constitute 67,22% of all the votes represented by the share capital of the Company, and thus the General Meeting had the necessary quorum...

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Globus Medical Reports Preliminary Record Fourth Quarter and Full Year Sales Results

AUDUBON, Pa., Jan. 10, 2024 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced preliminary unaudited sales results for the fourth quarter and full year ending December 31, 2023. The company anticipates fourth quarter 2023 sales of approximately $615.5 million, an increase of 124.2 percent over the fourth quarter 2022 on an as-reported basis. Full year 2023 sales are expected to be approximately $1.567 billion, an increase of 53.2 percent over the prior year on an as-reported basis.   “2023 was a monumental year for Globus Medical. We completed our merger with NuVasive to create the most innovative technology company in the spine market. Our integration is proceeding according to plan and we are pleased with our sales retention thus far. To cap off this eventful year,...

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Northern Star Investment Corp. II Receives NYSE Notice Regarding Audit Committee Composition

New York, New York, Jan. 10, 2024 (GLOBE NEWSWIRE) — Northern Star Investment Corp. II (NYSE American: NSTB) (the “Company”), announced today that the New York Stock Exchange Regulation, Inc., by letter dated January 5, 2024, notified the Company that it was not in compliance with NYSE American’s continued listing standards because the audit committee of the Company’s board of directors is no longer comprised of at least two independent members and does not have at least one member with the requisite financial sophistication. This noncompliance was caused by the December 19, 2023 resignation of two independent directors from the board, who each served on the audit committee and one of whom was the designated financially sophisticated audit committee member. The resignations were not the result of any disagreement with the Company...

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Postal Realty Trust, Inc. Provides Fourth Quarter and Full Year 2023 Update

Acquired 223 Properties for $78 Million in 2023 Full Year 2023 Weighted Average Capitalization Rate of 7.7% 96% of Debt Outstanding Set to Fixed Rates No Near-Term Debt MaturitiesCEDARHURST, N.Y., Jan. 10, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 postal properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, provided an update on its portfolio, collections, acquisitions, and capital markets activity for the fourth quarter of 2023. The Company also provided an update on its portfolio and balance sheet at year-end as well as on its acquisitions for the full year of 2023. For the full year 2023, the Company acquired 223 properties...

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Crinetics Pharmaceuticals Announces January 2024 Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

SAN DIEGO, Jan. 10, 2024 (GLOBE NEWSWIRE) — Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX) today announced that on January 10, 2024, the Compensation Committee of Crinetics’ Board of Directors granted non-qualified stock option awards to purchase an aggregate of 112,500 shares of its common stock to eight new non-executive employees under the Crinetics Pharmaceuticals, Inc. 2021 Employment Inducement Incentive Award Plan (the “2021 Inducement Plan”). The stock options were granted as inducements material to the employees entering into employment with Crinetics in accordance with Nasdaq Listing Rule 5635(c)(4). The 2021 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Crinetics, or following a bona fide period of non-employment, as an inducement material to such...

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