Day: June 12, 2024
GRAND CAYMAN, Cayman Islands and COIMBATORE, India, June 12, 2024 (GLOBE NEWSWIRE) — SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) (“SRIVARU” or the “Company”), a provider of premium electric motorcycles, announced today that it will hold an Extraordinary General Meeting of Shareholders on June 27, 2024 (the “Meeting”). The record date for eligibility to vote at the meeting was set by the board of directors as June 3, 2024. SRIVARU has posted a notice and proxy statement regarding the meeting, a proxy card and related materials on its website at www.svmh.ai/events/agm-egm/.
About SRIVARU Holding Ltd.
SRIVARU is the parent company of SRIVARU Motor Private Ltd., a prominent provider of premium e-motorbikes in India. SRIVARU was founded on the realization that while the rider-motorcycle relationship is deep and complex, it is in desperate...
Alterity Therapeutics to Present at the MST Access ‘Hidden Gems in Life Sciences’ Webinar
Written by Customer Service on . Posted in Public Companies.
MELBOURNE, Australia and SAN FRANCISCO, June 12, 2024 (GLOBE NEWSWIRE) — Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) (“Alterity” or “the Company”), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced that David Stamler, M.D., Chief Executive Officer will present a company overview at the MST Access ‘Hidden Gems in Life Sciences’ webinar on Thursday, 13 June 2024 in Australia / Wednesday, 12 June 2024 in the United States.
Details are listed below and registration is required.
Webcast detailsAUSTRALIA PARTICIPANTS:
Date:
Thursday, 13 June 2024
Time:
1:30 p.m. AEST (Sydney/Melbourne)
UNITED STATES PARTICIPANTS:
Date:
Wednesday, 12 June 2024
Time:
8:30 p.m. Pacific Time
11:30 p.m. Eastern TimeTo join the presentation,...
Bitfarms Issues Statement Regarding Riot Platforms’ Attempts to Disrupt Ongoing Strategic Alternatives Review Process
Written by Customer Service on . Posted in Public Companies.
–Bitfarms Board of Directors Remains Committed to Maximizing Value for All Shareholders-
-Continues to Welcome Riot’s Participation in Ongoing Strategic Alternatives Review Process-
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.
TORONTO, Ontario and BROSSARD, Québec, June 12, 2024 (GLOBE NEWSWIRE) — Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company” or “Bitfarms”), a global vertically integrated Bitcoin mining company, today issued the following statement in response to comments made by Riot Platforms, Inc. (Nasdaq: RIOT) (“Riot”):
The Bitfarms Board of Directors and management team are committed to acting in the best interests of the Company and all of its shareholders. Following...
Northfield Capital Announces Proposed $5 Million Non-Brokered Private Placement and Proposed Share Split
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
TORONTO, June 12, 2024 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (the “Company”) is pleased to announce a non-brokered private placement of a minimum of 250,000 units of the Company (the “Units”) at a price of $20.00 per Unit for aggregate gross proceeds of at least $5,000,000 (the “Offering”). Each Unit will consist of one class A restricted voting share of the Company (a “Share”) and one-half of one share purchase warrant (each whole share purchase warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Share at $25.00 per Share for a period of five (5) years following the closing date of the Offering....
Planet 13 Announces the Appointment of David Loop to the Board of Directors
Written by Customer Service on . Posted in Public Companies.
LAS VEGAS, June 12, 2024 (GLOBE NEWSWIRE) — Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced the appointment of David Loop, the former Chief Executive Officer of VidaCann LLC (“VidaCann”) to Planet 13’s board of directors.
“We are thrilled to welcome David to the board. He has been amazing to work with as we integrate VidaCann and welcome the team to Planet 13. His deep knowledge of the cannabis and horticulture industry are a fantastic addition to the board as we continue to execute our growth strategy, build out Florida, and expand our wholesale position,” said Larry Scheffler Co-CEO of Planet 13.
David Loop has spent his entire career in the horticulture industry, including as CEO of Loop Nursery. As CEO of Loop Nursery,...
Integrated Rail and Resources Acquisition Corp. Announces Extension
Written by Customer Service on . Posted in Mergers And Acquisitions.
WINTER PARK, Fla., June 12, 2024 (GLOBE NEWSWIRE) — Pursuant to the Investment Management Trust Agreement between Integrated Rail and Resources Acquisition Corp. (“Company”) and American Stock Transfer & Trust Company, LLC, dated as of November 11, 2021, as amended on February 8, 2023 (the “Trust Agreement”), the Company received notice from the Company’s sponsor, DHIP Natural Resources Investments, LLC, that the Company intends to extend the time available in order to consummate a business combination from June 15, 2024 to July 15, 2024.
The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business...
Itafos Inc. Retains irlabs for Investor Relations Services
Written by Customer Service on . Posted in Public Companies.
HOUSTON, June 12, 2024 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) announces today that it has entered into an agreement (“Agreement”) with IR Labs Inc. (“irlabs”) to provide the Company with investor relations and communication services.
“We are pleased to partner with irlabs as we continue to expand our reach and strengthen our communication with the investment community,” said Matt O’Neill, Executive Vice President and Chief Financial Officer. By leveraging irlabs’ expertise and strategic insights, we aim to enhance visibility and drive long-term value for our shareholders.”
“We’re delighted to support Itafos in enhancing its visibility and engagement with investors,” said Alyssa Barry, Co-Founder and Principal at irlabs. “Itafos has a compelling story, and we...
Flow Capital announces 6 year cumulative investment performance
Written by Customer Service on . Posted in Public Companies.
26.4% IRR since inception; $67.6 million deployed
TORONTO, ON, June 12, 2024 (GLOBE NEWSWIRE) — Flow Capital Corp (TSXV:FW) (“Flow Capital” or “Flow”) reports on its investment performance since the company’s inception six years ago.
Key highlights:26.4% annual portfolio level IRR since inception (March 2018 to March 2024)
$67.6 million total invested into 22 portfolio companies
$1.23 book value per share, up from $0.45 in 2019Since, March 2018, post the merger of two predecessor companies, Flow has been focused exclusively on the growth venture debt segment of the venture debt market, a $40 billion annual market in North America. Flow makes loans into high growth companies, primarily in the technology sector. Our loans enable entrepreneurs to scale their businesses while avoiding or delaying an expensive and dilutive equity...
Currency Exchange International Announces a 7% Increase in Revenue for the Three and Six-Months Ended April 30, 2024 Versus the Prior Year
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORONTO, June 12, 2024 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN) today reported its financial results and Management’s Discussion and Analysis (“MD&A”) for the three and six-months ended April 30, 2024 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedarplus.ca.
Randolph Pinna, CEO of the Group, stated, “CXI delivered revenue growth over the prior period which aligns with our strategy. Our balance sheet is strong, our business model is diverse, and we continue to grow our revenue with a heightened focus on expense management. We remain committed to executing against our strategy, including developing scale in our global payments offering...
Canadian High Income Equity Fund to Terminate
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 12, 2024 (GLOBE NEWSWIRE) — (TSX: CIQ.UN) Brompton Funds Limited (the “Manager”), manager of Canadian High Income Equity Fund (the “Fund”), announced today that the Fund will terminate on or about August 15, 2024 (“Termination Date”). This news release serves as notice of termination to unitholders of the Fund in accordance with the amended and restated declaration of trust governing the Fund (the “Declaration of Trust”). The Board of Directors of the Manager determined that the termination of the Fund is in the best interest of the unitholders of the Fund for the following reasons: (i) the Fund’s small size and increasing MER; (ii) limited ability to increase fund size due to the trading discount; and (iii) reduced liquidity for investors.
The Fund has previously declared a distribution of $0.04 per unit payable...