Month: June 2024
SUGAR LAND, Texas, June 11, 2024 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted Friday, May 24th.
The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap...
West Red Lake Gold Intersects 16.69 g/t Au over 8m, 6.17 g/t Au over 17.83m and 7.48 g/t Au over 12m at South Austin Zone – Madsen Mine
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.
The drill results featured in this news release are focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au.
The purpose of this drilling was definition within South Austin to continue building an inventory of high-confidence ounces for the eventual restart of production at the Madsen mine.
HIGHLIGHTS:Hole MM24D-09-4068-012 Intersected 8m @...
PyroGenesis Signs Contracts Totaling $2.5 Million to Deliver Greenhouse Gas-Reducing System for Major North American Biofuel Project
Written by Customer Service on . Posted in Public Companies.
System to be Part of the $1 Billion Varennes Carbon Recycling Plant
MONTREAL, June 11, 2024 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX:PYR) (OTCQX:PYRGF) (FRA:8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce that its subsidiary, Pyro Green-Gas Inc. (“Pyro Green-Gas”), has signed contracts totaling $2.5 million (US1.8 million) for engineering, design, and fabrication of a thermal swing adsorption (“TSA”) system for the dehydration of pure oxygen produced from electrolyzers at the Varennes Carbon Recycling (“VCR”) plant – a large biofuel production project currently under construction in Varennes, Quebec.
The $1...
LSL Pharma Group Announces Engagement of Red Cloud Securities
Written by Customer Service on . Posted in Public Companies.
BOUCHERVILLE, Quebec, June 11, 2024 (GLOBE NEWSWIRE) — LSL PHARMA GROUP INC. (TSXV: LSL) (the “Corporation” or “LSL Pharma “), a Canadian integrated pharmaceutical company, announces that, subject to regulatory approval, it has retained, effective June 10, 2024, Red Cloud Securities (“Red Cloud”) to provide market stability and liquidity services to the Corporation in compliance with the policies and guidelines of the TSX Venture Exchange (“TSX-V”) and other applicable legislation. Red Cloud is a 100%, principal-owned Canadian Toronto-based financial services company that helps life science, biotech, as well as mining companies with accessing capital markets and enhancing their corporate profile. Red Cloud will trade shares of LSL Pharma on the TSX-V for the purposes of maintaining a reasonable market and...
Nevada Exploration Inc. Submits Application to Change Name to URZ3 Energy Corp
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VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V: NGE; OTCQB: NVDEF) announces it has filed an application with the TSX Venture Exchange (the “TSX-V”) to change the Company’s name from Nevada Exploration Inc. to URZ3 Energy Corp. and trading symbol from “NGE” to “URZ”. The name change is subject to final approval by the TSX-V.
Trading in the common shares of the Company under the new name and symbol on the TSX-V will commence at market opening on June 13, 2024. The Company’s shares will continue to trade on the OTCQB under the symbol “NVDEF”.
“This company name and trade symbol change will better reflect the direction of the Company as it diversifies its interest into Uranium. It is important to note that the company is retaining its core gold assets in Nevada...
Almaden to Pursue International Arbitration Against Mexico; Moves to Drop Mexican Lawsuits
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VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; OTCQB: AAUAF) announces that further to its press release of March 14, 2024, it has taken the decision to submit its claims to arbitration against the United Mexican States (“Mexico”) under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”). This decision comes after a consultation meeting held with Mexican officials on May 30, 2024 that did not result in an amicable resolution of the Company’s investment dispute with Mexico. The Company expects to initiate its claims following expiry of the six-month consultation period required under the CPTPP, which commenced on December 14, 2023 (see Almaden press release of December 14, 2023).
A requirement for submitting a claim to arbitration...
Perspective Therapeutics Announces 1-for-10 Reverse Stock Split
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SEATTLE, June 11, 2024 (GLOBE NEWSWIRE) — Perspective Therapeutics, Inc. (“Perspective” or “the Company”) (NYSE AMERICAN: CATX), a radiopharmaceutical company that is pioneering advanced treatment applications for cancers throughout the body, today announced that it will effect a 1-for-10 reverse stock split, effective at 4:01 p.m. Eastern time on June 14, 2024. Beginning with the opening of trading on June 17, 2024, Perspective’s common stock is expected to begin trading on the NYSE American on a split-adjusted basis under the existing trading symbol “CATX” and new CUSIP number 46489V302.
At Perspective’s annual meeting of stockholders on May 31, 2024, Perspective’s stockholders approved a proposal to authorize Perspective’s Board of Directors to file an amendment to the Company’s certificate of incorporation to effect the reverse...
Athira Pharma Completes First Cohort in Phase 1 Clinical Trial of ATH-1105, an Oral, Small Molecule Drug Candidate for Amyotrophic Lateral Sclerosis (ALS)
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First-in-human, dose escalation study to evaluate safety, tolerability and pharmacokinetics in healthy volunteers with trial completion expected by year-end 2024
BOTHELL, Wash., June 11, 2024 (GLOBE NEWSWIRE) — Athira Pharma, Inc. (NASDAQ: ATHA), a late clinical-stage biopharmaceutical company focused on developing small molecules to restore neuronal health and slow neurodegeneration, today announced that it has completed the first cohort of healthy volunteers in its ongoing, first-in-human, dose escalation Phase 1 clinical study evaluating ATH-1105, an oral, small molecule positive modulator of the neurotrophic hepatocyte growth factor (HGF) system in development for the treatment of amyotrophic lateral sclerosis (ALS).
“We are particularly excited about the potential for ATH-1105 as a treatment for ALS based on our compelling...
Simply Good Foods to Report Third Quarter Fiscal Year 2024 Financial Results on Thursday, June 27, 2024
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DENVER, June 11, 2024 (GLOBE NEWSWIRE) — The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced it will report financial results for the 13 week fiscal third quarter ended May 25, 2024, on Thursday, June 27, 2024, before market open. The Company will host a conference call to discuss these results with additional comments and details provided at that time. Participating on the call will be Geoff Tanner, President and Chief Executive Officer, and Shaun Mara, Chief Financial Officer.
The conference call is scheduled to begin at 7:00 a.m. Mountain time (9:00 a.m. Eastern time) on Thursday, June 27, 2024. Investors interested in participating in the live call can dial 1-877-407-0792 from the U.S. and International...
Red Cat Signs LOI To Acquire FlightWave Aerospace Systems
Written by Customer Service on . Posted in Mergers And Acquisitions.
SAN JUAN, Puerto Rico, June 11, 2024 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced it has entered into a Letter of Intent (LOI) for the planned acquisition of FlightWave Aerospace Systems Corporation (“FlightWave”), an industry-leading provider of Vertical Take-off and Landing (VTOL) drone, sensor, and software solutions. Edge 130, FlightWave’s Blue UAS approved military-grade tricopter would, upon closing, be added to Red Cat’s line of unmanned Intelligence, Surveillance, and Reconnaissance (ISR) systems.
“The planned acquisition builds on FlightWave’s accomplishments and continues our mission to provide low-cost, rucksack portable drones with diverse capabilities,” said...
