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Day: May 27, 2024

TransAlta Renews Normal Course Issuer Bid

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”). Pursuant to the NCIB, TransAlta may repurchase up to a maximum of 14,000,000 Common Shares, representing approximately 4.6% of the 303,256,652 Common Shares issued and outstanding as at May 27, 2024. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading systems on which the Common Shares are traded, based on the prevailing market price. Any Common Shares purchased under the NCIB will be cancelled. Transactions under the NCIB will depend on future...

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Eguana Announces 2023 Annual Financial Results

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (TSXV: EGT) (OTCQB: EGTYF) (“Eguana” or the “Company”), a leading provider of high-performance energy storage systems, announces its annual financial results for the year ended December 31, 2023. Fiscal 2023 Summary Results The Company’s year-end was previously changed from September 30 to December 31. Consequently, the financial statements for the twelve-month period ended December 31, 2023 (“F2023”), are being presented with comparative information for the fifteen-month year ended December 31, 2022 (“F2022”). Sales decreased 32.1% to $11,458,590 in F2023 in comparison to $16,826,875 in F2022. On a simple 12 month prorated basis, F2022 would equate to $13,461,500, or a normalized 15% decrease. In early 2023, the solar industry was negatively impacted by...

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Western Investment Company Reports Financial Results for the First Quarter of 2024

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (TSXV: WI) (“Western” or the “Corporation”) today reported its financial and operating results for the three months ended March 31, 2024. The interim financial statements and management’s discussion and analysis have been filed on SEDAR+. Unless otherwise indicated, financial figures are expressed in Canadian dollars and comparisons are to the prior period ended March 31, 2023. The first quarter is generally slow for Western’s associate companies (“Associates”) that are seasonal, often leading to an equity loss which is completely in-line with expectations. Last year was an unusual exception in large part due to Western’s share of the $1.1 million one-time gain recognized on the sale of the Foothills Creamery warehouse in Kelowna....

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ThreeD Capital Inc. Releases Results for the Three and Nine Months Ended March 31, 2024

TORONTO, May 27, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2024. As at March 31, 2024, the Company had cash, investments and digital assets of $49.7 million. As at March 31, 2024, net asset value per share was $0.89 as compared to $0.79 as at June 30, 2023. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three and nine months ending March 31, 2024 with comparatives: Operating Results Three months endedMarch 31, Nine months endedMarch 31,     2024     2023     2024     2023   Net investment...

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BULGOLD Announces Grant of Stock Options

TORONTO, May 27, 2024 (GLOBE NEWSWIRE) — BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announces that the Company has granted stock options (the “Options”) today to purchase up to 660,000 common shares of the Company (the “Common Shares”) to the undernoted persons in the number set out opposite their names, valid for a period of five (5) years from the date of initial grant at an exercise price of C$0.30 per Common Share. The Options will vest on the following schedule: (i) one-third immediately upon grant, (ii) one-third after one (1) year from initial grant, and (iii) one-third after two (2) years from initial grant. Mihaela Barnes Director 80,000 Laurie Marsland Director 80,000 Colin Jones Director 80,000 Vanessa Cook Director 80,000 Jim Crombie Management 80,000 Jeff Pennock Management 80,000 Demetrios...

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NioBay Announces Closing of the Second Tranche of a Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTRÉAL, May 27, 2024 (GLOBE NEWSWIRE) — NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V: NBY) (OTCQB: NBYCF) is pleased to announce the closing of the second and final tranche of a private placement (the “Offering”). Under the final tranche of the Offering, the Company raised proceeds of $304,520 from the sale of 4,350,286 Quebec-eligible flow-through units of the Company (each, a “Québec FT Unit”) at a price of $0.07 per Québec FT Unit. In total, taking into consideration the first tranche of the Offering (see press release dated April 30, 2024), the Company has issued an aggregate of 8,807,429 Québec FT Units for aggregate proceeds of $616,520. Each Québec FT Unit consists of one common share of the Company (a “Common Share”)...

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Proton Capital Files Final Long Form Prospectus

Final Long Form Prospectus Accessible on SEDAR+ REGINA, Saskatchewan, May 27, 2024 (GLOBE NEWSWIRE) — PROTON CAPITAL CORP. (“Proton” or the “Corporation”) (PTN.P-TSX-V), a capital pool company under the rules of the TSX Venture Exchange (the “TSXV”), is pleased to announce that, further to its news releases dated April 20, 2023, July 26, 2023, August 31, 2023, October 10, 2023, January 22, 2024, February 21, 2024 and March 22, 2024, it has obtained a receipt for the final long form prospectus (the “Prospectus”) filed with the securities regulatory authorities in each of the provinces of Canada, other than Quebec‎. The Prospectus contains important detailed information regarding the Corporation’s proposed qualifying transaction pursuant to Policy 2.4 – Capital Pool Companies of the policies of the TSX Venture Exchange (the “TSXV”)‎,...

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Cellectis to Report First Quarter 2024 Financial Results on May 28, 2024

NEW YORK, May 27, 2024 (GLOBE NEWSWIRE) — Cellectis (the “Company”) (Euronext Growth: ALCLS- NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, today announced that it will report financial results for the first quarter 2024 ending March 31, 2024 on Tuesday, May 28, 2024 after the close of the US market. The publication will be followed by an investor conference call and webcast on Wednesday, May 29, 2024 at 8:00 AM ET / 2:00 PM CET. The call will include the Company’s first quarter results and an update on business activities. Details for the call are as follows: Dial in information: Domestic: 1-877-451-6152 International: 1-201-389-0879 Conference ID: 13746795 Webcast Link: https://viavid.webcasts.com/starthere.jsp?ei=1672725&tp_key=f83e7ab481 About...

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Mercer International Inc. Releases 2023 Sustainability Report

NEW YORK, May 27, 2024 (GLOBE NEWSWIRE) — Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) — a global forest products company, today released its 2023 Sustainability Report. The report, titled “Fit for Future: Transition and Transformation” sets out Mercer’s progress toward its 2030 environmental goals and other sustainability commitments, practices and accomplishments for 2023. Juan Carlos Bueno, President and CEO of Mercer, stated, “The 2023 Sustainability Report demonstrates our dedication to progressing sustainable forest management and bioproduct innovation. We are committed to creating long-term value for our stakeholders by balancing environmental stewardship with responsible business growth.” Key Sustainability Achievements in 2023 Climate Action: Mercer completed a climate...

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Canacol Energy Ltd. Provides Corporate Update

CALGARY, Alberta, May 27, 2024 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to provide the following update regarding scheduled interest payment, termination of Fitch Ratings coverage, and exploration drilling program. Interest Payment On May 24, 2024, Canacol paid its scheduled semi-annual interest payment of US $14.375 million on its November 2028 Senior Notes. Rating Agency Update On Tuesday, May 21, 2024, the Corporation informed Fitch Ratings that it was terminating its contract for the provision of ratings coverage. The Corporation retains the services of both Moody’s and S&P Ratings. Cardamomo-1 Exploration Well The Corporation is preparing to drill the Cardamomo-1 exploration well located in the northern part of its 100%...

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