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Month: May 2024

ExGen: Phoenix Raises US$80 Million for Construction of the Empire Mine, Idaho

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to provide an update in respect of Phoenix Copper Ltd.’s (“Phoenix”) exploration and development activities at the Empire Mine Project in Custer County, Idaho, USA, further to Phoenix’s news release of May 15, 2024. ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. (“Konnex”), which holds the leases and claims to the Empire Mine Project, which includes all of the Navarre Creek claim block. ExGen further owns 1,330,000 common shares of Phoenix. Jason Riley, CEO of ExGen commented: “This is a transformational milestone for the Empire Project and we congratulate the entire Phoenix team...

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BriaCell Therapeutics Announces Closing of $5.0 Million Registered Direct Offering

PHILADELPHIA and VANCOUVER, British Columbia, May 17, 2024 (GLOBE NEWSWIRE) — BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, today announced it has closed its previously announced registered direct offering with healthcare-focused institutional investors and a certain existing investor and a director of the Company for the purchase and sale of 2,402,935 common shares of the Company (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 2,402,935 common shares of the Company for aggregate gross proceeds of approximately $5.0 million before deducting placement agent fees and other offering expenses (the “Offering”). Each common share (or pre-funded warrant...

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OceanPal Inc. Announces Results of 2024 Annual Meeting of Shareholders

ATHENS, Greece, May 17, 2024 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company’s Annual Meeting of Shareholders (the “Meeting”) was duly held on May 17, 2024, in virtual format only via the Internet. At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company’s Proxy Statement sent to shareholders on or around April 2, 2024, was approved and adopted: (1)   The election of two Class III Directors to serve until the 2027 Annual Meeting of Shareholders; and (2)   The appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2024. About...

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Virios Therapeutics Announces Proposed Public Offering of Common Stock to Commence Preparations for Planned IMC-2 Long-COVID Phase 2b Study

ATLANTA, May 17, 2024 (GLOBE NEWSWIRE) — Virios Therapeutics, Inc. (Nasdaq: VIRI) (the “Company” or “Virios Therapeutics”), a development-stage biotechnology company focused on advancing novel antiviral therapies to treat debilitating chronic diseases, including fibromyalgia (“FM”) and Long-COVID (“LC”), today announced that it intends to offer and sell up to $2.1 million in shares of its common stock in a public offering. All shares of common stock in the offering are to be offered by Virios Therapeutics. Virios Therapeutics intends to use the net proceeds of the proposed offering to commence preparatory activities for its planned IMC-2 Long-COVID Phase 2b study and for general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or...

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PrimeEnergy Resources Corporation (PNRG) Announces First Quarter Results

HOUSTON, May 17, 2024 (GLOBE NEWSWIRE) — PrimeEnergy Resources Corporation (PNRG) Announces First Quarter Results: Oil and gas production volumes for the three months ended March 31, 2024 and 2023:  Quarter ended March 31, Increase Increase  2024 2023Oil production (barrels) 431,000 193,000 238,000 123 %Natural gas production (Mcf) 1,157,000 801,000 356,000 44 %Natural gas liquids production (barrels) 206,000 106,000 100,000 94 %           Total assets at March 31, 2024 were $332,896,000 compared to $288,568,000 at December 31, 2023.  Quarter ended March 31, Increase Increase  2024 2023Revenues (in thousands) $ 42,990 $ 22,815 $ 20,175 88 %Net Income (in thousands) $ 11,319 $ 1,410 $ 9,909 703 %Earnings per Common Share:        Basic $ 6.27 $ 0.75 $ 5.52 736 %Diluted $ 4.41 $ 0.53 $ 3.88 732 %Shares...

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Nokia Corporation: Repurchase of own shares on 17.05.2024

Nokia CorporationStock Exchange Release17 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 17.05.2024 Espoo, Finland – On 17 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 355,279 3.59CEUX – –BATE – –AQEU – –TQEX – –Total 355,279 3.59* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Birchcliff Energy Ltd. Announces Voting Results From 2024 Annual Meeting of Shareholders

CALGARY, Alberta, May 17, 2024 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual Meeting of Shareholders held on May 16, 2024 (the “Meeting”), shareholders elected all six of the proposed nominees listed in Birchcliff’s information circular dated March 27, 2024 (the “Information Circular”) and approved all other matters voted upon at the Meeting. The matters voted upon at the Meeting were discussed in detail in the Information Circular, a copy of which is available on SEDAR+ at http://www.sedarplus.ca and on Birchcliff’s website at www.birchcliffenergy.com. The voting results for each matter voted upon are set forth in the table below and a copy of the Report of Voting Results is available on SEDAR+ at http://www.sedarplus.ca.             Matters Voted Upon   Outcome of Vote   Votes For   Votes...

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Sysco Celebrates Grand Opening of New State-of-the-Art Distribution and Culinary Center

First new Sysco U.S. Broadline facility in over a decade will create nearly 250 jobs in the community HOUSTON, May 17, 2024 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, today announced the grand opening of Sysco Allentown, a new 454,000 square foot, state-of-the-art distribution center in Northampton, PA. The new location will bring nearly 250 career opportunities to the community and bring Sysco’s industry-leading service and solutions to the Lehigh Valley, Northeast PA, Poconos and Northern New Jersey. For video and b-roll of the event, visit here. “​Our team at Sysco Allentown is excited to bring customers in these important regions more ​of the best in foodservice with ​our team of industry experts, culinary professionals, on-trend products, and tailored delivery solutions,”...

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HII Hosts South Australia Premier at Newport News Shipbuilding

NEWPORT NEWS, Va., May 17, 2024 (GLOBE NEWSWIRE) — Shipbuilder and all-domain technologies provider HII (NYSE: HII) hosted South Australia Premier Peter Malinauskas at its Newport News Shipbuilding division today. The visit was held in support of the trilateral Australia, United Kingdom and United States (AUKUS) partnership. HII continues its commitment to supporting AUKUS, which set in motion tasking across all three countries to determine the optimal pathway to provide Australia with conventionally armed, nuclear-powered submarines. Friday’s visit follows a memorandum of understanding between HII and the South Australian Government signed in November that outlines the shared intent to participate in a cooperative working arrangement — leveraging HII’s international maritime industrial expertise to prepare South Australia for...

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Equifax Canada Exploring How Payday Loan Data Could Help Drive Financial Inclusion

TORONTO, May 17, 2024 (GLOBE NEWSWIRE) —  Equifax Canada, a global data, analytics, and technology company, is committed to promoting financial inclusion and access to fair and responsible credit opportunities for all Canadians. As part of this commitment, Equifax is exploring how data sources not traditionally used in credit scores, such as payday loans, could help create a more complete picture of consumers’ credit health. “We believe everyone deserves the opportunity to build a strong financial future,” said Rebecca Oakes, Vice President of Advanced Analytics at Equifax Canada. “By exploring new data sources like payday loans and the possibility of including this data in a consumer’s credit history, it could put the financial mainstream within reach for more Canadians and promote greater financial inclusion.” Equifax...

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