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Month: June 2024

Belo Sun Announces 2024 AGM Voting Results

TORONTO, June 11, 2024 (GLOBE NEWSWIRE) — Belo Sun Mining Corp. (“Belo Sun” or the “Company”) (TSX:BSX OTCQX:BSXGF)  is pleased to provide the voting results from the Annual and Special Meeting of shareholders in accordance with the policies of the Toronto Stock Exchange. The Company announces that the nominees listed in the management proxy circular dated May 3, 2024 (the “Circular”) for the 2024 annual and special meeting of shareholders of Belo Sun (the “Meeting”) were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company’s auditors. Detailed results of the vote for the election of directors held at the Meeting on June 11, 2024 in Toronto, Ontario are set out below. Election of Directors The shareholders approved the election as directors of the persons listed below,...

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HydroGraph Announces Closing of Oversubscribed Private Placement

Not for distribution to U.S. newswire services or dissemination in the United States.All dollar amounts are in Canadian dollars unless otherwise indicated‎. VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that, further to its news releases dated May 22, 2024, and June 7, 2024, the Company has closed its non-brokered private placement (the “Offering”). Pursuant to the Offering, HydroGraph issued an aggregate of 23,099,044 units of the Company (the “Units”) at a price of $0.16 per Unit for aggregate gross proceeds of $3,695,847. ‎“I would like to thank our shareholders for their continued support and the support of new shareholders as we close on our oversubscribed financing,” commented Kjirstin Breure, President...

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Aberdeen Announces 2024 AGM Results

TORONTO, June 11, 2024 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB) reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated May 3, 2024 for the 2024 annual meeting of shareholders of Aberdeen held on June 11, 2024 (the “Meeting”) were elected as directors of the Company. Aberdeen management would like to thank shareholders for their participation and continuing support. Detailed results of the vote for the election of directors held at the Meeting are set out below. A total of 30,672,265 common shares were voted in connection at the Meeting, representing approximately 21.17% of the issued and outstanding common shares of the Company. Election of Directors The shareholders approved the election as directors...

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Hi-View Closes Final Tranche of Private Placement Financing

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — Hi-View Resources Inc. (‘Hi-View’ or the ‘Company’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) is pleased to announce that pursuant to its news releases dated April 30, 2024 and May 27, 2024 on the offering of up to 10,000,000 units at $0.022 each (the “Offering”), it has now closed the second and final tranche of the non-brokered private placement Offering of 750,000 units (the “Units”), at a price of $0.022 per Unit for gross proceeds of $16,500.00 (the “Second and Final Tranche”). The Units issued consist of one common share of the Company and one common share purchase warrant (“Warrant”). The Warrants issued pursuant to the Second and Final Tranche entitle the holder to purchase one additional common share of the Company at a price of $0.05...

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Major Drilling Announces Fourth Quarter and Fiscal Year 2024 Results

MONCTON, New Brunswick, June 11, 2024 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the fourth quarter and fiscal year 2024, ended April 30, 2024.  Fiscal 2024 HighlightsRecorded revenue of $706.7 million, the third highest in the Company’s 44-year history. Net earnings of $53.1 million (or $0.64 per share), compared to net earnings of $74.9 million (or $0.90 per share) for the prior year. Repurchased 1,337,968 shares at a cost of $11.2 million. Net cash(1) position increased $28.1 million during the year to $87.4 million. Achieved new milestone with a Total Recordable Incident Rate (“TRIR”) of 1.14 for fiscal 2024, a new record in the Company’s...

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Tonix Pharmaceuticals Announces Proposed Public Offering

CHATHAM, N.J., June 11, 2024 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (“Tonix” or the “Company”), a fully-integrated biopharmaceutical company, today announced that it intends to offer and sell shares of its common stock (or pre-funded warrants in lieu thereof). All of the securities to be sold in the offering are to be offered by Tonix. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, including the preparation of the new drug application relating to its Tonmya™ product candidate in patients with fibromyalgia, and the satisfaction of any portion of its...

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Denali Capital Acquisition Corp. Announces Extension of Deadline to Complete Business Combination

NEW YORK, NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) —  Denali Capital Acquisition Corp. (NASDAQ: DECA) (the “Company”) announced today that an aggregate of $50,000 has been deposited into the Company’s trust account to further extend the period of time the Company has to consummate its business combination by an additional month from June 11, 2024 to July 11, 2024 in accordance with the amended terms of the Company’s amended and restated memorandum and articles of association. About the Company Denali Capital Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Forward-Looking Statements This press release includes...

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Streamline Health® Reports Fiscal First Quarter 2024 Financial Results

Net loss of ($2.7 million) during the first quarter of fiscal 2024 compared to net loss of ($2.9 million) during the first quarter of fiscal 2023 Adjusted EBITDA improved to a loss of ($0.7 million) during the first quarter of fiscal 2024 vs. a loss of ($1.3 million) during the first quarter of fiscal 2023 $15.6 million of Booked SaaS ACV as of April 30, 2024 vs. $15.0 million of booked SaaS ACV as of January 31, 2024 Company reiterated $15.5 million implemented SaaS ARR adjusted EBITDA breakeven run rate expectationATLANTA, June 11, 2024 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (“Streamline” or the “Company”) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the fiscal first...

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Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2024 Results

LONGVIEW, Texas, June 11, 2024 (GLOBE NEWSWIRE) — Friedman Industries, Incorporated (NYSE American: FRD) announced today its results of operations for the quarter and fiscal year ended March 31, 2024. March 31, 2024 Quarter Highlights:Net earnings of $5.0 million Sales of $132.2 million 13% increase in sales volume over the preceding third quarter 9% increase in sales volume over the prior year fourth quarterFiscal Year March 31, 2024 Highlights:Net earnings of $17.3 million – second most profitable fiscal year in Company history Sales of $516.3 million 19% increase in sales volume over prior fiscal year Working capital balance at year-end of $116.0 million“We ended fiscal 2024 with a strong fourth quarter that made it our second most profitable fiscal year in Friedman’s history,” said Michael J. Taylor, President...

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Atos enters into exclusive negotiations with ALTEN for the sale of Worldgrid

Press Release Atos enters into exclusive negotiations with ALTEN for the sale of Worldgrid Paris, France – June 11, 2024 – Atos, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with ALTEN SA (“ALTEN”) for the sale of its Worldgrid business unit for a binding enterprise value of €270 million. Worldgrid provides consulting and engineering services to energy and utility companies. The business currently employs close to 1,100 employees and, in 2023, it generated revenue of circa €170 million from a diverse and longstanding client base. ALTEN is a well-recognized IT and engineering player with expertise and product offerings in the energy and utilities industry. The contemplated transaction would ensure full continuity of service for Worldgrid’s strategic clients and employees. Emmanuel...

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