Day: April 8, 2024

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ RENO, Nev., April 08, 2024 (GLOBE NEWSWIRE) — i-80 Gold Corp. (TSX:IAU) (NYSE:IAUX) (“i-80” or the “Company”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc., as lead underwriter, on behalf of a syndicate of underwriters (collectively, the “Underwriters”) under which the Underwriters have agreed to purchase, on a bought deal basis, 51,882,000 units of the Company (“Units”) at a price of C$1.65 per Unit for gross proceeds of C$85,605,300 (the “Offering”). Each Unit is comprised of one common share (each a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at a price...

SYDNEY, Australia, April 08, 2024 (GLOBE NEWSWIRE) — IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today provided a business update. Key HighlightsPreviously announced 3-month AI cloud services agreement with leading AI company, poolside Agreement is now upsized from 248 to 504 NVIDIA H100 GPUs following successful initial deployment Additional 4-month term commencing mid-April 2024, and extension option for a further 2 months at the customer’s electionIREN has upsized and extended its AI cloud services agreement with poolside, more than doubling the contracted cluster size from 248 to 504 NVIDIA H100 GPUs. The contract is for an additional 4-month term commencing mid-April,...

Fixed interest rate of 5.74% is 159 basis points lower than existing debt on re-financed assets Reduces annualized interest expense by over $3.5 millionNEW YORK, April 08, 2024 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (NYSE: GNL) (“GNL” or the “Company”) announced today that the Company completed a $237 million commercial mortgage-backed security loan (the “Loan”) secured by 20 U.S. industrial properties previously secured under the Company’s corporate credit facility. The lead lender for the Loan is Bank of Montreal and co-lenders are Barclays, KeyBank and Société Générale. The Loan has a 5-year term that matures in April 2029. It is interest-only at a fixed all-in interest rate of 5.74%, which is 159 bps lower than the current floating interest rate on the U.S. Dollar portion of the Company’s corporate credit facility,...

PURCHASE, N.Y., April 08, 2024 (GLOBE NEWSWIRE) — Townsquare Media, Inc. (NYSE: TSQ) (the “Company” or “Townsquare”) announced that that it bought and retired 3.0 million options held by certain members of the management team and board of directors for a net purchase price of $3.62 per option. The purchase price reflects the spread between the closing price on April 3, 2024 of $12.36 and the option strike price of $8.74. The options, all of which were set to expire in July 2024, were granted to members of management and the board at the Company’s initial public offering in July 2014 (the “IPO options”). This transaction follows last week’s repurchase of 1.5 million shares from MSG at $9.76 per share, the June 2023 repurchase of 1.5 million shares from MSG at $9.70 per share, and the March 2021 repurchase of 12.6 million shares...

Temecula, CA, April 08, 2024 (GLOBE NEWSWIRE) — Global Warming Solutions Inc. (OTCQB: GWSO), a leader in renewable energy storage and on-demand technologies, proudly announces significant development milestones for the TrinityPower Nexus (TPN) system. This initiative, centered at the Roger F. Wicker Center for Ocean Enterprise at the University of Southern Mississippi (USM) in collaboration with the US Navy, has reached new heights in hydrogen production technology. The TPN system, designed to produce hydrogen on demand efficiently, utilizes an innovative electrolytic reactor complemented by proprietary chemical formulations and materials. This setup ensures superior hydrogen production efficiency within a compact design and consumes less power than traditional methods. Thanks to our advanced electrolyte formulation, materials...

Justin, TX and Riyadh, Saudi Arabia, April 08, 2024 (GLOBE NEWSWIRE) — Canoo Inc. (NASDAQ: GOEV), a high-tech advanced mobility company, announced its innovative electric vehicles will be used in a pilot program by Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA. Red Sea Global will pilot Canoo’s Lifestyle Vehicle (LV), Lifestyle Delivery Vehicle (LDV) 190, and the Bulldog pickup truck. The Canoo vehicles will be piloted for travel between Red Sea Global’s international airport, its various resorts, facilities, and excursions. This trial will help tailor Canoo’s zero-emission vehicles to RSG’s use cases and mobility needs. Canoo’s premium LV will provide transportation for guests traveling between Red Sea International Airport (RSI) and its resorts and residential properties....

PITTSBURGH, April 08, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in advanced optical systems, announced today an agreement with the Space Foundation Discovery Center, located in Colorado Springs, Colorado, to provide on loan a demonstration mirror developed for the James Webb Space Telescope (JWST).The JWST launched on December 25, 2021, after a 25-year construction project heralded as one of the most complex and ambitious projects in engineering and space exploration history. The telescope almost immediately revolutionized our understanding of the universe, much like the Hubble Space Telescope did, by providing unprecedented clarity and depth in its observations of the early universe, star and planet formation, and other key astronomical phenomena. Its observations are highly anticipated by the scientific...

Charlotte, N.C., April 08, 2024 (GLOBE NEWSWIRE) — Strong Global Entertainment (NYSE American: SGE) (“Strong Global Entertainment” or the “Company”) announced today that its subsidiary Strong Technical Services (“STS”) has extended its Managed Services agreement with Marcus Theatres, one of the top theatrical exhibitors in the United States. The agreement has been extended for two additional years, through April 2026. “Strong Technical Services is pleased to have this opportunity to renew this preferred provider agreement with Marcus, for the service and support of their theatres across the U.S.,” said Blake Titman, President of STS. “We look forward to continuing our contribution to Marcus Theatres’ success by providing them with best-in-class offerings, including Field Service, Content Management, and Content Delivery services.” Mark...

SANTA ANA, Calif., April 08, 2024 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, today confirmed that the Company’s Board of Directors has received an unsolicited non-binding indication of interest from Albion River LLC, a private direct investment firm, to acquire all outstanding shares of Ducommun for $60.00 per share in cash. Consistent with its fiduciary duties and in consultation with its legal and financial advisors, the Board of Directors will carefully review and consider the proposal to determine if it is in the best interest of the Company and Ducommun’s shareholders. The Company’s shareholders do not need to take any action at this time and the Board has made no decision...