Critical Metals Corp. Joins Russell 2000®, Russell 3000® and Russell Microcap® Indexes

Written by Customer Service on June 28, 2024. Posted in Public Companies.

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) — Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp”), a leading mining development company focused on critical metals and minerals and producing strategic products essential to electrification and next generation technologies for Europe and its western world partners, today announced that it has been selected for inclusion in the Russell 2000® Index, Russell 3000® Index, and the Russell Microcap® Index, effective at the open of US equity markets on Monday, July 1st, as part of the 2024 Russell indexes annual reconstitution. “We are honored to have been chosen for inclusion in the Russell 2000®, Russell 3000® and Russell Microcap® indexes,” said Tony Sage, CEO and Chairman of Critical Metals Corp. “This is a significant milestone for Critical Metals Corp and a testament to our...

NOTICE TO DISREGARD — Polysleep

Written by Customer Service on June 28, 2024. Posted in Mergers And Acquisitions.

MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) — We are advised by Polysleep that journalists and other readers should disregard the news release, “Domfoam Expands its Toronto Operations with Acquisition of Foamco Industries” issued June 28, 2024, over GlobeNewswire.

High Arctic Announces Return of Capital and Distribution Dates

Written by Customer Service on June 28, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, June 28, 2024 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”), further to its news release dated May 11, 2024, is pleased to announce the dates for a distribution of $0.76 per share to its shareholders by way of return of capital (the “Return of Capital”), which was approved by shareholders at the annual general and special meeting held on June 17, 2024. The record date for the Return of Capital will be July 9, 2024 and the payment date will be July 17, 2024. The Return of Capital is expected to be generally more tax advantageous to shareholders...

Fobi AI Announces Shares for Debt Arrangement & Strategic Private Placement

Written by Customer Service on June 28, 2024. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States VANCOUVER, British Columbia, June 28, 2024 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi“), an industry leader in harnessing AI and data intelligence to enable digital transformation, advises it has completed a shares-for-debt transaction with certain arm’s length creditors to the Company. The Company has settled $209,750 in outstanding debt in exchange for the issuance of 2,996,428 common shares of the Company (“Shares”) at a price of $0.07 per Share (the “Debt Settlement”), all of which are subject to a statutory hold period of four months in accordance with applicable securities laws. No finder’s fees or commissions were paid in connection with the Debt Settlement. The Debt Settlement...

Lithium Ionic Executes Definitive Agreement for US$20 Million Royalty Financing with Appian Capital

Written by Customer Service on June 28, 2024. Posted in Public Companies.

TORONTO, June 28, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Lithium Ionic Bandeira Corp. (the “Grantor”), has executed a definitive royalty agreement (the “Royalty Agreement”) with ANRF LI (JSY) Ltd., an affiliate of Appian Capital Advisory LLP (“Appian”), granting a 2.25% gross revenue royalty in exchange for upfront cash consideration of US$20,000,000 (the “Royalty”). This agreement is substantially in line with the terms previously disclosed in the Company’s May 30, 2024, news release. Appian is an investment advisor to long-term, value-focused private capital funds that invest solely in mining and mining-related companies. Lithium Ionic intends to use the proceeds from the Royalty to advance the...

Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination to July 28, 2024

Written by Customer Service on June 28, 2024. Posted in Public Companies.

Wilmington, Delaware, June 28, 2024 (GLOBE NEWSWIRE) — Aimfinity Investment Corp. I (the “Company” or “AIMA”) (Nasdaq: AIMAU), a special purpose acquisition company incorporated as a Cayman Islands exempted company, today announced that, in order to extend the date by which the Company mush complete its initial business combination from June 28, 2024 to July 28, 2024, I-Fa Chang, manager of the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $60,000 (the “Monthly Extension Payment”). Pursuant to the Company’s third amended & restated memorandum and articles of association (“Current Charter”), effectively April 23, 2024, the Company may extend on a monthly basis from April 28, 2024 until January 28, 2025 or such an earlier date as may be determined by its board to complete...

Pacific Software Inc. Obtaining Quotes for the Manufacturing Cycle for Scientifically Tested Medical Food Cocktail Focused on Memory Health

Written by Customer Service on June 28, 2024. Posted in Public Companies.

DANA POINT, Calif., June 28, 2024 (GLOBE NEWSWIRE) — Pacific Software Inc. (“Pacific” or “Company”) on May 24 2024, the Company announced the acquisition of a science-based dietary supplement supporting brain health and memory function. The supplement, which has been sold for more than 8 years under the brand names SuppleMEM AD™ and A.L.Z. Defense™, features a formula tested extensively by leading Alzheimer’s researchers. Through a consultant based in Mexico, we are currently in the process of obtaining quotes in order to manufacture this product and distribute it throughout Mexico. “Acquiring this established product line not only adds another path to expected profitability for Pacific, but it also signifies a strategic expansion of our business model,” said Harrysen Mittler, CEO. Prior...

Lowell Farms Inc. Announces Change of Chief Financial Officer

Written by Customer Service on June 28, 2024. Posted in Public Companies.

SALINAS, Calif., June 28, 2024 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces the resignation of Mr. Jamie Schniedwind, Chief Financial Officer (“CFO”). Mr. Mark Ainsworth, Chief Executive Officer has agreed to act as Interim CFO effective June 28, 2024, to serve until such time as the Company appoints a successor CFO. Mr. Ainsworth, Chief Executive Officer, stated: “On behalf of the board of directors and management of Lowell Farms, we extend our thanks to Mr. Schniedwind for his work during a period of growth and transformation of the Company, and wish him well in his future endeavors.” ABOUT LOWELL FARMS INC.Lowell Farms Inc. (CSE:LOWL;...

Apollo Reports Annual General Meeting Results; Management Change Update

Written by Customer Service on June 28, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, June 28, 2024 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that at its Annual General Meeting (the “AGM”) held on June 28, 2024, Apollo’s shareholders approved by a majority to: elect all four directors standing for election, to re-appoint Davidson & Company LLP as auditors of the Company, and to support the Company’s employee Share Option Plan. Detailed results of the total shares voted at the AGM are set out below. Nominees TotalVotes Cast Total Votes For Total VotesWithheld %For %Withheld Andrew Bowering 53,608,135 53,597,435 10,700 99.98 0.02 Steven Thomas 53,608,135 53,573,935 34,200 99.94 0.06 Jocelyn Thompson 53,608,135 53,573,935 34,200 99.94 0.06 Collette Brown-Rodriguez 53,608,135 53,573,935 34,200 99.94 0.06 TotalVotes...

ONWARD® Medical Obtains Debt Financing with up to €52.5 Million Secured Loan from Runway Growth Capital LLC

Written by Customer Service on June 28, 2024. Posted in Public Companies.

THIS PRESS RELEASE CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE (7)(1) OF THE EUROPEAN MARKET ABUSE REGULATION (596/2014) Runway Growth Capital LLC is a leading U.S.-based specialty finance lender Relationship further strengthens Company’s balance sheet ahead of pending FDA approval and expected Q4 launch of ARC-EX System in the U.S. EINDHOVEN, the Netherlands, June 28, 2024 (GLOBE NEWSWIRE) — ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), announces today that the Company and its subsidiaries, ONWARD Medical Inc. and ONWARD Medical S.A., signed a loan agreement in the amount of up to €52.5 million (the “Loan Agreement”) with U.S.-based lender Runway Growth...

Day: June 28, 2024

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