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Month: February 2024

Two of Oregon’s Favorite Craft Breweries Team Up With the Portland Timbers as Official Craft Beer Sponsors

10 Barrel Brewing and Widmer Brothers Sign a Multi-Year Deal That Includes Creation Of First Standing Room Only Section In The StadiumWidmer Brothers and 10 Barrel will become the official craft beer partners of the Portland TimbersPictured: The Iconic Portland StadiumPORTLAND, Ore., Feb. 21, 2024 (GLOBE NEWSWIRE) — 10 Barrel Brewing Co. (“10 Barrel Brewing Co.” or “10 Barrel”), a trailblazer in the craft brewing industry, and Widmer Brothers Brewing (“Widmer Brothers”), the original Portland craft brewer, both subsidiaries of Tilray Brands, Inc. (“Tilray”) (NASDAQ: TLRY and TSX: TLRY), are pleased to announce a multi-year, exclusive partnership with the Portland Timbers (“Timbers”). Widmer Brothers and 10 Barrel will become the official craft beer partners of the Timbers. At the same time, Pub Beer has been named as...

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Giyani closes US$10 million investment from ARCH

TORONTO, Feb. 21, 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 on February 20, 2024 it closed the US$10 million investment by ARCH Sustainable Resources Fund LP (“ARCH”) announced on January 24, 2024 (“Closing”). The Company and ARCH have satisfied all necessary conditions precedent to Closing and US$10 million has now been received by the Company. The ARCH funding fulfils a key condition for drawdown of the US$16 million convertible loan facilities (the “IDC Facility”) secured by Giyani from the Industrial Development Corporation (“IDC”) of South Africa Limited and forms part of a larger aggregate US$26 million funding package to progress K.Hill to Final Investment...

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Emergent BioSolutions Appoints Industry Leader Joseph C. Papa as New President and CEO

Papa will lead Emergent into a new era of focusing on protecting public health, returning to growth and paying down the company’s debtGAITHERSBURG, Md., Feb. 21, 2024 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS), a global company providing solutions that address public health threats and delivering life-extending products to market, today announced that its Board of Directors has appointed Joseph C. Papa as president and CEO, effective February 21, 2024. Mr. Papa succeeds Haywood Miller, who will step down from his role as interim CEO, effective February 21, 2024. “Following a thorough search process, we are pleased to appoint Joe Papa as president and CEO of Emergent,” said Zsolt Harsanyi, Ph.D., chairman of the Board of Directors. “He is a recognized industry leader with unparalleled experience in all facets...

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Wesdome Appoints Fernando Ragone as Chief Financial Officer

TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) announces today the appointment of Mr. Fernando Ragone as Senior Vice President, Chief Financial Officer effective March 11, 2024. Jonathan Singh, Interim Chief Financial Officer will continue in his role until Mr. Ragone commences employment with the Company. Fernando is a qualified chartered accountant with almost three decades of global experience in the mining industry. Most recently, Mr. Ragone was the Chief Financial Officer of Bear Creek Mining Corp. Prior to that, Mr. Ragone was the Chief Financial Officer of Baffinland Iron Mines Corp., a position he held from 2019 to 2023. Prior to Baffinland, he held various senior Finance and Business Improvement roles with First Majestic Silver Corp. and Primero Mining...

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Plug Finalizes Contract to Support A Major U.S. Automobile Manufacturer’s Material Handling Operations

One of the largest automotive manufacturing facilities in the U.S., spanning over 6 square miles, to run on Plug hydrogen and fuel cell solutions LATHAM, N.Y., Feb. 21, 2024 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has finalized a contract to supply a major U.S. automobile manufacturer with hydrogen infrastructure and fuel cell solutions that will support material handling operations. The manufacturing campus of over 6 square miles is dedicated to electric vehicles, batteries and is one of the largest auto manufacturing campuses in U.S. history. The manufacturing campus’s entire material handling fleet, including forklifts and tuggers, will run on Plug fuel cells. In addition to the fuel cell fleet, the agreement includes on-site hydrogen...

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Osisko Development Provides Update on Upcoming Year-End 2023 Results

MONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) announces that it has undertaken a review of the carrying value of its assets in accordance with International Financial Reporting Standards (the “Impairment Analysis“) as at December 31, 2023, as part of its fourth quarter and year-end 2023 financial results preparation. As a result of the preliminary review, which is ongoing and has not been finalized, the Company believes that a non-cash impairment exists to the carrying value of its 100%-owned Trixie gold test mine (“Trixie“), located within the Company’s wider Tintic Project in central Utah, U.S.A. Based on the information currently available, the preliminary Impairment Analysis suggests that...

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Voyager Therapeutics Announces Fourth Quarter 2023 Conference Call and Webcast

LEXINGTON, Mass., Feb. 21, 2024 (GLOBE NEWSWIRE) — Voyager Therapeutics, Inc. (Nasdaq: VYGR), a biotechnology company dedicated to advancing neurogenetic medicines, today announced it will report fourth quarter 2023 financial and operating results after market close on Wednesday, February 28, 2024. Subsequently, the Company will host a conference call and webcast at 4:30 p.m. ET to review its financial and operating results. To participate via telephone and join the call live, please register in advance here: https://register.vevent.com/register/BIe93582a25c24475387f933ce1c5337e3. Upon registration, telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique passcode. A live webcast of the call will also be available on the Investors section of the...

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Atea Pharmaceuticals to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call on February 28, 2024

BOSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) — Atea Pharmaceuticals, Inc. (Nasdaq: AVIR) (“Atea”), a clinical-stage biopharmaceutical company engaged in the discovery and development of oral antiviral therapeutics for serious viral diseases, today announced that it will host a live conference call and audio webcast on Wednesday, February 28, 2024, at 4:30 p.m. ET to report financial results for the fourth quarter and full year ended December 31, 2023, and to provide a business update. To access the live conference call, participants may register here. The live audio webcast of the call will be available under “Events and Presentations” in the Investor Relations section of the Atea Pharmaceuticals website at ir.ateapharma.com. To participate via telephone, please register in advance here. Upon registration, all telephone participants...

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Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results. 2023 HighlightsGlo Fiber data customers grew 71.7% year-over-year to approximately 42,000. Glo Fiber passings grew by approximately 86,400, or 58.6%, to approximately 234,000. Glo Fiber revenue grew 91.9% to $35.1 million. Consolidated revenue grew 7.5% to $287.4 million. Consolidated net income in 2023 was $8.0 million, compared with consolidated net loss of $8.4 million in 2022. Consolidated Adjusted EBITDA1 grew 19.3% to $90.6 million in 2023, compared with $76.0 million in 2022. Announced in October 2023 agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC.“Glo Fiber continues to be the major catalyst for...

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Midland, in Partnership with Brunswick, Announces the Launch of a Maiden Drilling Program on Elrond

Figure 1MD-JV Options for LithiumFigure 2Elrond ProjectFigure 3Arwen ShowingFigure 4Arwen ShowingMONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) — Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Brunswick Exploration Inc. (“Brunswick”), is pleased to announce the construction of a winter road for a maiden drilling campaign, to begin in early March, on the Elrond project, located in the Eeyou Istchee-James Bay region. The Elrond Project comprises 136 claims and is roughly located 12 kilometres east of the Billy Diamond Highway and about 91 kilometres south-southeast of the town of Radisson. The Elrond project is currently wholly owned by Midland but is subject to an option agreement signed with Brunswick in November 2022 (see press release by Midland dated November 10, 2022).   Highlights:Maiden...

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