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Day: February 15, 2024

Peyto Delivers Strong Reserves Growth In 2023

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2023. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. (“GLJ”). The year 2023 marks the Company’s 25th year of successful reserves development. 2023 HIGHLIGHTSPeyto delivered strong reserves growth across all categories in 2023 from its successful drilling program and the strategic acquisition of Repsol Canada Energy Partnership (the “Repsol Assets”). Proved Developed Producing (“PDP”) reserves increased 35% to 443 million barrels of oil equivalent (“MMboe”), Total Proved (“TP”)...

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DMG Blockchain Solutions Announces Relationship with Sygnum Bank to Provide Credit Facility

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces that it has established a relationship with Sygnum Bank, a Swiss bank specialized in servicing crypto-native companies, as a strategic banking partner providing US$9 million (equivalent) in a credit facility to increase its operational capacity ahead of the upcoming Bitcoin halvening expected in April 2024. The primary use of proceeds is for the purchase of 4,550 T21 190 TH/s bitcoin miners from Bitmain Technologies for US$12,103,000 (US$14/TH/s), which was previously announced in December 2023. With a first financing tranche of US$5.6 million already disbursed, DMG has been able to...

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Sosei Group: Notice of Change of Corporate Name to Nxera Pharma and Change of Location of Head Office

Tokyo, Japan and Cambridge, UK, 16 February 2024 – Sosei Group Corporation (“Sosei Heptares” or “the Company”; TSE: 4565), today announces that at a meeting held on 15 February 2024, its Board of Directors resolved to change the corporate names of the Company and its subsidiaries and the location of the head office of the Company. At the same meeting, the Board resolved to merge Idorsia Pharmaceuticals Japan Ltd (“IPJ”) and Sosei Co. Ltd., both of which are wholly owned consolidated subsidiaries of the Company, and to change the corporate name of IPJ as the surviving company. The Board also resolved to submit a proposal on the “Partial Amendments to the Articles of Incorporation” to the 34th Ordinary General Meeting of Shareholders scheduled to be held on 27 March 2024 (details below).Change of corporate names of the Company...

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Fr8App Showcased at Geotab Connect 2024

Driving the Future of Connected Transportation HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine-learning and offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, received a special invitation to participate in the prestigious Geotab Connect 2024 event. Geotab, a global leader in connected transportation solutions, is hosting its 7th annual event from February 14 to 16, 2024, taking place at Resorts World in Las Vegas. Geotab Connect 2024 promises to deliver unparalleled insights into the ever-evolving landscape of connected vehicles, data intelligence, artificial intelligence,...

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OneDigital and Wintrust Investments, LLC Form Strategic Relationship for Retirement Plan Servicing Business

Brings Over $2.6 Billion in Advisory Assets to the OneDigital Platform of Over $100 Billion OVERLAND PARK, Kan. and CHICAGO, Feb. 15, 2024 (GLOBE NEWSWIRE) — OneDigital Investment Advisors LLC, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital, a leading insurance brokerage, financial services, and HR consulting firm (“OneDigital”), today announced it has entered into a strategic relationship with Wintrust Investments, LLC (“Wintrust”) whereby they will acquire Wintrust’s Retirement Benefits Advisors division based in Chicago. Wintrust is a subsidiary of Wintrust Financial Corporation (Nasdaq: WTFC). Wintrust’s ongoing referral partnership with OneDigital will drive additional scale and increased capabilities to benefit their over 200 clients who sponsor workplace retirement savings plans. The Wintrust...

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Sirona Biochem Provides Update on Loan

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) (“Sirona” or the “Company”) announce that, further to its news release on January 29, 2024, it has entered into an amendment to the demand grid promissory note dated September 22, 2023 (the “Amended Note”) with 0906462 B.C. Ltd. (the “Lender”). The Amended Note evidences a loan in the aggregate principal amount of up to $1,000,000 (the “Loan”). Pursuant to the terms and conditions of the Amended Note: (a)   the Loan is repayable on demand by the Lender at any time following the one-year anniversary of the date of the applicable advance; (b)   the Loan bears interest at a rate of 12% per annum, calculated yearly not in advance; and (c)   the Company has agreed to, subject to TSX Venture Exchange approval (“TSXV...

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Ceapro Inc. Announces the Mailing of Meeting Materials in Connection With the Special Meeting of Securityholders to Approve Merger With Aeterna Zentaris

EDMONTON, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) — Ceapro Inc. (TSXV: CZO) (OTCQX: CRPOF) (“Ceapro” or the “Company”) is pleased to announce that it has mailed and filed a management information circular dated February 9, 2024 and related meeting materials (collectively, the “Meeting Materials”) for the special meeting (the “Meeting”) of Securityholders (as defined below) to be held on March 12, 2024, called to consider, among other things, the previously announced all-stock merger of equals transaction pursuant to which it is proposed that, in accordance with the terms announced on December 14, 2023, (i) Aeterna Zentaris Inc. (“Aeterna Zentaris”) will acquire all of the issued and outstanding common shares in the share capital of the Company (the “Shares”) from the shareholders of the Company (the “Shareholders”), in exchange...

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Aeterna Zentaris Issues Letter to Shareholders and Management Proxy Circular Ahead of Special Meeting of Shareholders to Approve Merger of Equals with Ceapro

Aeterna Zentaris Board recommends shareholders vote FOR all resolutions, to create a diversified biopharmaceutical company with a compelling value proposition More information and materials available at www.AEZSmerger.com Shareholders with questions or who require assistance voting their shares should contact Kingsdale Advisors at 1-866-581-1513 (North American Toll Free) or 416-623-2513 (outside North America – text and call enabled) or contactus@kingsdaleadvisors.comTORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) — Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZS) (“Aeterna”) today announced that it has issued a Letter to Shareholders and Management Proxy Circular ahead of its special meeting of shareholders to approve its merger of equals transaction with Ceapro Inc. (TSXV: CZO) (OTCQX: CRPOF) (“Ceapro”). The...

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FRNT Grants Stock Options

TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) — FRNT Financial Inc. (TSXV:FRNT) (OTCQB:FRFLF) (FSE:XZ3) (“FRNT” or the “Company”) announces that it has granted an aggregate of 120,000 stock options (the “Options”) to certain directors of the Company (the “Optionees”) pursuant to the Company’s stock option plan. The Options will vest monthly in twelve equal installments, with the first vesting date being one month after the grant date. Each Option is exercisable, for a period of five years from the applicable vesting date, to acquire one common share of the Company at an exercise price of C$0.50. About FRNT Financial Inc. FRNT is an institutional capital markets and advisory platform focused on digital assets. FRNT, through a technology-forward and compliant operation, aims to bridge the worlds of traditional and web-based finance. Partnering...

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Fortuna reports updated Mineral Reserves and Mineral Resources

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) provides its updated Mineral Reserve and Mineral Resource estimates as of December 31, 2023 for its five operating mines in West Africa and the Americas, and the Arizaro Project located at the Lindero Mine in Salta, Argentina.  All references to dollar amounts in this news release are expressed in US dollars. Highlights of Mineral Reserve and Mineral Resource Update Consolidated Proven and Probable Mineral Reserves are reported containing 3.1 Moz Au Eq1 representing a year-over-year decrease of 11 percent. Consolidated Measured and Indicated Resources exclusive of Mineral Reserves are reported containing 1.1 Moz Au Eq1 representing a year-over-year decrease of 19 percent. Consolidated Inferred Mineral Resources are...

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