Month: June 2024

ZOOZ Power has installed its flywheel-based power boosting and management solution at a second site on Route 6, the Cross-Israel Highway, one of Israel’s most congested transportation corridors, in partnership with Dor-Alon and AfconEV following its first installation in May, 2024 Using stored kinetic energy from its flywheels and its energy management software, ZOOZ Power supplements the grid power, maximizing charging infrastructure utilization The two installations more than double the potential ultrafast charging capacity at each of the two sites without upgrading the grid With the completion of these second installation, it is the first time that 4x 150kW ultra-fast chargers are available with only a 300kW grid connection (previously only 1x 150kW and 2 x 100kW charges where available) are available in one site and in the other site...

ORLANDO, Fla., June 20, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the pricing of its oversubscribed underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $8.00 per share. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock at the public offering price. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $80 million, excluding any exercise of the underwriters’ option to purchase additional shares. All of the shares in the public offering are...

Lantheus has agreed to make an initial strategic equity investment of A$7.5 million in Radiopharm Offer price for the shares of A$0.05 represents a 47% premium to the last closing price of $0.034 on 19 June 2024 Option for Lantheus to invest a further A$7.5m within 6 months on the same terms Lantheus will also secure rights to two early preclinical assets in exchange for an A$3m upfront payment pursuant to a transfer and development agreementSYDNEY, June 20, 2024 (GLOBE NEWSWIRE) — Radiopharm Theranostics Limited (ASX:RAD) (Radiopharm or the Company), a developer of diagnostic and therapeutic radiopharmaceutical products, has entered into strategic agreements with Lantheus Holdings, Inc. (LNTH.NASDAQ), a leading radiopharmaceutical-focused company, and its affiliates (Lantheus). Lantheus has agreed to make an initial equity...

CALGARY, Alberta, June 20, 2024 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE), as a member of Pathways Alliance, today issued the following statement with respect to the Canadian government’s Bill C-59. As one of the largest oil sands companies in Canada, and a member of the Pathways Alliance, we are steadfast in our commitment to environmental performance and operational emissions reduction. To support our commitment, we have strived to be transparent about our actions and plans, which we believe is critical to building trust and driving improvement. However, our ability to remain transparent has been significantly compromised as a result of Bill C-59, which was recently passed and includes amendments to the Competition Act related to environmental and climate disclosure. With these changes, it is possible that...

BOCA RATON, Fla., June 20, 2024 (GLOBE NEWSWIRE) — Springbig, a leading provider in cannabis loyalty marketing and communications technology, is thrilled to announce our enhanced integration with Greenline, a BLAZE® company, Canada’s most-trusted cannabis point-of-sale solution provider, to offer a seamless loyalty connection that enhances the retail experience for cannabis customers. This collaboration aims to simplify loyalty redemption and reduce the potential for fraud, ensuring a smooth and secure transaction process. The integration between Springbig and Greenline streamlines the checkout process with a deeper, 2-way integration, making it easier for customers to earn and redeem rewards at the POS or from their mobile device. This seamless loyalty connection is designed to increase customer adoption and revenue by ensuring...

OEG Sports & Entertainment and Rogers to Co-Host Free Concert in Fan Park @ ICE District Before Game 6 Special concert viewing will be reserved for Rogers customers EDMONTON, Alberta, June 20, 2024 (GLOBE NEWSWIRE) — OEG Sports and Entertainment (OEGSE) and Rogers today announced that Canadian DJ duo Loud Luxury and Canadian rock band The Beaches will be headlining the Rogers Festival at the Final prior to Game 6 with a free performance in ICE District to celebrate the 2024 Stanley Cup Final between the Edmonton Oilers and Florida Panthers. Loud Luxury and The Beaches will perform for fans before Game 6 on Friday, June 21. Performances will begin at 4 p.m. MT in the Scotiabank Fan Park outside Rogers Place before the 6 p.m. MT game time. The concert will be open to the public and the Scotiabank Fan Park gates will open at...

EDGEWOOD, N.Y., June 20, 2024 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (NYSE American: CVU) (“CPI Aero” or “Company”), today announced a settlement with the Securities and Exchange Commission (the “SEC” or “Commission”) related to the Company’s previously announced restatements of certain of its financial statements for fiscal periods between January 1, 2018 and December 31, 2022. The Company, without admitting or denying the findings, agreed to a cease-and-desist order regarding Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Securities Exchange Act of 1934, as amended, and Rules 12b-20, 13a-1, 13a-11, 13a-13, and 13a-15(a) thereunder. The SEC’s order can be found at https://www.sec.gov/files/litigation/admin/2024/34-100389.pdf. The Company has undertaken to fully remediate its material weakness in internal control over...

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI) hereby announces the voting results at the Company’s annual and special meeting of shareholders held on June 20, 2024 (the “Meeting”). A total of 153,562,018 common shares were represented at the Meeting, being 50.16% of the Company’s issued and outstanding common shares as at the record date. Shareholders voted in favor of all matters brought before the Meeting, including the appointment of auditors, the election of management’s nominees as directors, and the change of the Company’s name to “Fortuna Mining Corp.” Detailed results of the votes on the election of directors are as follows:  Director Votes For Votes Withheld                   Jorge Ganoza Durant 119,714,127 (99.52%) 573,101 (0.48%)    David Laing 106,847,678 (88.83%) 13,439,550 (11.17%)    Mario...

GUADALAJARA, Mexico, June 20, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that yesterday drawdown of Ps. 875.0 million from a credit facility with BBVA México, S.A., at a 12-month term. Interest will be payable monthly at a variable rate of TIIE-28 plus 20 basis points, and principal payment due upon maturity on June 19, 2025, without fees. Proceeds from this loan will be allocated to pay and close the acquisition of 51.5% of the company’s shares Guadalajara World Trade Center, S.A. de C.V. (“GWTC”) announced last June 11. Company DescriptionGrupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of...