Day: May 16, 2024

Apollo Prices Offering of Senior Notes

Apollo Prices Offering of Senior Notes

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $750 million aggregate principal amount of its 5.800% Senior Notes due 2054 (the “notes”). The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc., Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings IV, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P., Apollo Principal Holdings X, L.P., Apollo Principal Holdings XII, L.P., AMH Holdings (Cayman), L.P. and Apollo Management Holdings,...

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MAX Power Closes $1.9 Million Private Placement

MAX Power Closes $1.9 Million Private Placement

VANCOUVER, British Columbia, May 16, 2024 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) reports that it closed the previously announced non-brokered private placement (originally announced on May 3, 2024 and increased on May 7, 2024). Pursuant to the offering (the “Offering”) the Company issued an aggregate of 9,745,744 units (the “Units”) at a price of $0.195 per Unit for gross proceeds to MAX Power of $1,900,420. Mr. Rav Mlait, MAX Power CEO, commented: “This private placement with strategic investors positions MAX Power extremely well for success in 2024.” Private Placement Terms Each Unit consists of one common share in the capital of the Company (a “Share”) and one-half of one non-transferable common share purchase warrant (each whole...

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Daktronics Introduces New Flip-Chip COB LED Technology

Daktronics Introduces New Flip-Chip COB LED Technology

Increased durability and reliability combine with lower power consumption in NPP display product BROOKINGS, S.D., May 16, 2024 (GLOBE NEWSWIRE) — Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has released its Flip-Chip COB (Chip On Board) LED display technology worldwide. The company’s latest addition to its Narrow Pixel Pitch (NPP) product family brings tighter pixel spacings ranging from 1.8 millimeters to 0.9 millimeters with increased durability and reliability combined with lower power consumption for an overall improved experience for customers. “This product shows we’re staying on the cutting edge of technology in the LED industry,” said Adam Gilliland, Daktronics product manager. “As indoor applications have grown exponentially, it’s become increasingly important to meet the needs of the marketplace – one that is...

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Partners Value Split Corp. to Partially Redeem Its Class AA Preferred Shares, Series 8

Partners Value Split Corp. to Partially Redeem Its Class AA Preferred Shares, Series 8

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”) announced today its intention to redeem 1,975,000 of its outstanding Class AA Preferred Shares, Series 8 (“Preferred Shares, Series 8”) (TSX: PVS.PR.F) for cash on May 31, 2024 (the “Redemption Date”) in accordance with the terms of the Preferred Shares, Series 8. The Preferred Shares, Series 8 being called for redemption represent approximately 32.92% of all outstanding Preferred Shares, Series 8 of the Company. The Preferred Shares, Series 8 will be partially redeemed on a pro rata basis, so that each holder of Preferred Shares, Series 8 of record at the close on May 22, 2024 (the “Record Date”) will have approximately 32.92% of their Preferred Shares, Series 8 redeemed. The redemption price per Preferred Share, Series 8 being redeemed will be...

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McEwen Copper Announces Completion of the Feasibility Drilling Program

McEwen Copper Announces Completion of the Feasibility Drilling Program

70,000 meters completed, highlights include: 349.0 m of 0.77% Cu, including 232.0 m of 0.86% Cu (AZ23292) 382.5 m of 0.54% Cu, including 74.0 m of 0.86% Cu (AZ23277) TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — McEwen Copper Inc., 47.7% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to provide the assay results from the currently completed drill season at the Los Azules project in Argentina. The prime objectives of this season’s infill drilling campaign were: 1. to confirm the size and grade of the deposit as compared to the 2023 PEA estimate and upgrade the resource categories for the upcoming feasibility study; 2. test for extensions of mineralization beyond the current pit shell; and 3. explore our large property package for other mineralized areas. Based on the assay results received to date, our first objective...

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<div>Tevogen Bio Appoints Former Police Chief & FBI National Academy Graduate, William Keane, as Vice President of Strategic Initiatives</div>

Tevogen Bio Appoints Former Police Chief & FBI National Academy Graduate, William Keane, as Vice President of Strategic Initiatives

William Keane, Vice President of Strategic Initiatives, Tevogen Bio Former Police Chief & FBI National Academy Graduate, William Keane. WARREN, N.J., May 16, 2024 (GLOBE NEWSWIRE) — Tevogen Bio Holdings Inc. (“Tevogen” or “Tevogen Bio”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech pioneer developing off-the-shelf, genetically unmodified T cell therapeutics in oncology, neurology, and virology, announces the appointment of William Keane as Vice President of Strategic Initiatives. Mr. Keane brings 35 years of leadership experience in law enforcement, having most recently served as the Chief of Police for Warren, New Jersey, for the past decade. He has also held various management positions throughout his career. He will work closely with various functional leads to ensure policies and procedures conform...

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Elcora Announces Closing of Private Placement of Convertible Promissory Note

Elcora Announces Closing of Private Placement of Convertible Promissory Note

HALIFAX, Nova Scotia, May 16, 2024 (GLOBE NEWSWIRE) — ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the “Company” or “Elcora”), a leading battery metals exploration company, announces that the Company has closed a private placement of an 8% interest bearing, unsecured, convertible promissory note in the principal amount of CDN$102,750 (the “Private Placement”). The convertible promissory note has a maturity date of September 27, 2024, and the principal amount may be converted in whole or in part into fully paid and non-assessable common shares (the “Common Shares“) in the capital of the Company at a conversion price of CDN$0.05 per Common Share, resulting in the issuance of up to 2,055,000 Common Shares upon the conversion of the convertible promissory note in...

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Brunel AGM 2024

Brunel AGM 2024

Amsterdam, 16 May 2024 – Brunel International N.V. (Brunel; BRNL), a global provider of flexible workforce solutions and expertise, today announced the voting results of the Annual General Meeting of Shareholders (AGM) of 16 May 2024. On 16 May 2024, the AGM approved all voting items that were on the agenda. As a result, Ms Margret Kleinsman was appointed as a member of the Supervisory Board for a term of four years. The shareholders adopted the financial statements for the financial year 2023 and approved the proposal to distribute a dividend of € 0.55 per share for the financial year 2023. On 20 May 2024, the Brunel International share will quote ex dividend and the dividend will be made payable on 14 June 2024. Due to health reasons, Mr Just Spee stepped down from the Supervisory Board. The Supervisory Board and the Board of Directors...

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Annual General Meeting of NIBE Industrier AB

Annual General Meeting of NIBE Industrier AB

The Annual General Meeting of NIBE Industrier AB (publ) was held on Thursday, May 16, 2024, at NIBE’s new wood stove factory in Markaryd. DividendThe AGM approved the Board’s proposal to pay a dividend of SEK 0.65 per share. The record date for the payment of the dividend is May 20, 2024. Members of the BoardEva Karlsson, Gerteric Lindquist, Hans Linnarson, Anders Pålsson and Eva Thunholm were re-elected to the Board and James Ahrgren and Camilla Ekdahl were newly elected. Hans Linnarson was re-elected as the Chairman of the Board.  AuditorsKPMG AB was elected as the company’s auditor for the period until the close of the 2025 AGM, with authorized public accountant Jonas Nihlberg appointed as Auditor-in-charge. Adoption of the income statement and balance sheet and discharge from liabilityThe AGM adopted the income statements and balance...

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Correction Notice of First Quarter 2024 Financial Results Press Release

Correction Notice of First Quarter 2024 Financial Results Press Release

LAS VEGAS, May 16, 2024 (GLOBE NEWSWIRE) — Jet.AI Inc. (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, today announced a correction to its press release originally issued on May 15, 2024, reporting its financial results for the first quarter ended March 31, 2024. In the original press release, the Company stated that it “…raised a $16.5 million convertible preferred from Ionic Ventures LLC.” The Company would like to update the statement to reflect that it “…entered into a $16.5 million convertible preferred from Ionic Ventures LLC and have received proceeds of $1.5 million so far.” The correction to the press release has no negative impact on the Company’s financials. The financial statements were correct in the original press release and have not changed. About...

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