Day: January 24, 2024

TORONTO, Ontario and BROSSARD, Québec, Jan. 24, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, announces that it has completed the purchase of land for its new 100 MW production facility in Yguazu, Paraguay. “This transaction, an important step in our recently announced transformative fleet upgrade, expands our LATAM portfolio with low-cost renewable hydropower,” said Geoff Morphy, President and CEO of Bitfarms. “The newly acquired land is located in the heart of Paraguay near the Itaipú Dam, the third largest hydropower dam in the world with 14 gigawatts of installed capacity. Positioned to benefit from the region’s abundant renewable energy resources, this new facility should be sustainable both economically and environmentally. Once Yguazu comes online,...

TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) — Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (“Giyani” or the “Company”), developer of the K.Hill battery-grade manganese project in Botswana (“K.Hill” or the “Project”) is pleased to announce that it has finalised the US$26 million funding package to progress K.Hill to Final Investment Decision (“FID”). Highlights:Giyani has secured US$10 million of funding from ARCH Sustainable Resources Fund LP (“ARCH”), an ESG-mandated, private equity fund focused on strategic, long-term investments in natural resources and renewable energy. The US$10 million ARCH investment (the “ARCH Funding Package”) fulfils a key condition to drawdown of the US$16 million convertible loan facility secured by Giyani from the Industrial Development Corporation of South Africa Limited’s (“IDC”) (the “IDC Facility”). The...

FDA requesting clarifications around chemistry, manufacturing and controls and additional information related to immunogenicity CRL does not impact commercial availability of EGRIFTA SV®, the F4 formulation of tesamorelin, the only medication approved in the U.S. for the reduction of excess abdominal fat in adults with HIV and lipodystrophyMONTREAL, Jan. 24, 2024 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL) in response to the Company’s supplemental Biologics License Application (sBLA) for the F8 formulation of tesamorelin. The Company will address the FDA’s...

TULSA, Okla., Jan. 24, 2024 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release second quarter Fiscal 2024 results after market on Wednesday, February 7, 2024. On Thursday, February 8, 2024, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company’s financial results and forward outlook. Earnings Conference Call instructions Investors and other interested parties can access a live audio-visual webcast using this webcast link, or through the Company’s website at www.matrixservicecompany.com on the Investors Relations page under Events & Presentations. Please allow extra time prior to the call to visit the site...

Patents address Nxu’s differentiated EV charging ecosystem technology MESA, Ariz., Jan. 24, 2024 (GLOBE NEWSWIRE) — Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has secured a patent showcasing a novel component found on Nxu’s differentiated NxuOne™ EV Charging Solutions. Patent US 11,813,949 B2 protects the design for a locking mechanism in the NxuOne™ charging handle. Nxu was issued a second patent, US 11,616,277 B2, protecting Nxu’s proprietary thermal management solution for electric vehicle batteries. Nxu’s patent portfolio continues to grow, demonstrating its dedication to protecting the intellectual property it intends to fully deploy toward solving America’s...

TerrAscend expands its Valhalla product lineup to include one of the first 100mg edibles in The Keystone State TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced the expansion of its Valhalla product offering to include one of the first 100mg edibles in The Keystone State. Valhalla’s 100mg quick-acting, high-potency troches will land on store shelves on February 2nd. The Valhalla Extra Strength Troches will be available at all Apothecarium locations and additional dispensaries throughout Pennsylvania. The innovative Valhalla Troches first debuted in Pennsylvania last fall, quickly becoming a patient favorite. Currently available in 5mg, 10mg, and 50mg of THC flavor-forward varieties,...

PRINCETOWN, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2023 financial results on Thursday, February 22, 2024. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the Investor Relations section. The webcast will be archived on the site for those unable to listen in real time. About Clearway Energy Clearway Energy, Inc. is one of the largest renewable energy owners in the US with over 5,500 net MW of installed wind and solar generation projects. The Company’s over 8,000 net MW of assets also include approximately...

Miami, Jan. 24, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest, innovation-focused digital asset mining pioneers, and high-performance computing infrastructure provider, today issued the following statement regarding a report from an activist short-selling firm containing false and misleading characterizations about Hut 8’s business. Hut 8 has assessed the claims set forth by the authors of the report and believes that the report is filled with inaccuracies, misrepresented data, speculative claims, and unfounded character attacks. The report appears to represent a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives. The statements made by the short seller expose an inadequate, distorted understanding...

Embarking on a New Chapter: Freight Technologies Inc. elevates former CFO Paul Freudenthaler to Board Director and welcomes Don Quinby as the new CFO, setting the stage for continued success and growth HOUSTON, Jan. 24, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” and/or “Company”), a technology company whose custom developed Fr8App, an industry-leading, freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announces important changes to its executive team and board of directors.  Paul Freudenthaler, former Chief Financial Officer of Fr8Tech, has been appointed as a member of the board of directors of the Company effective January 19, 2024. This move reflects Fr8Tech’s commitment...