Day: July 5, 2024
ROAD TOWN, British Virgin Islands, July 05, 2024 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce that its board of directors and Comissão de Valores Mobiliários (CVM) have approved a forward split of the Company’s Brazilian Depositary Receipts (the “BDRs“) on the basis of three (3) BDRs for each one (1) BDR currently outstanding (the “BDR Split“).
Each holder of record of old BDRs will receive three (3) new BDRs for every old BDR held on such date. No action is required by the holders of BDRs in connection with the BDR Split. There will be no changes to the common shares of the Company. Prior to the BDR Split, each BDR represented one (1) common share of the Company and following the BDR Split, three (3) BDRs will represent...
Safe & Green Holdings Announces Record Date and Meeting Date for the 2024 Annual Shareholders Meeting
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MIAMI, FL, July 05, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announces that its 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”) will be held on September 27, 2024, at 10:00am, Eastern Time, at 45 Rockefeller Center, 20th floor, New York, New York. The Company’s Board of Directors has fixed the close of business on August 1, 2024, as the record date for determining those stockholders who are entitled to notice of and to vote at the 2024 Annual Meeting or any adjournment or postponement of the 2024 Annual Meeting.
About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities...
Banco Itaú Chile Files Material Event Notice announcing the appointment of Chief Executive Officer
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SANTIAGO, Chile, July 05, 2024 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) (the “Company”) announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market reporting that the Board of Directors of Banco Itaú Chile (the “Bank”) agreed on this date to appoint Mr. André Gailey as the new Chief Executive Officer of the Bank, effective from October 1, 2024. Until September 30, 2024, Mr. Gabriel Amado de Moura will continue to serve in his role as Chief Executive Officer of the Bank, then he will join the Executive Committee of Itaú Unibanco and assume the position of CFO of said entity.
In addition, it is noted that the director and vice president of the Board of Directors, Mr. Milton Maluhy Filho, reported that he will remain in that capacity until September 30, 2024, and that Mr. Gabriel...
LeddarTech Obtains Waiver Under Credit Facility
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QUEBEC CITY, Canada, July 05, 2024 (GLOBE NEWSWIRE) — LeddarTech Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, announces it entered into a Ninth Amending Agreement (the “Waiver”) with Fédération des caisses Desjardins du Québec (“Desjardins”) with respect to the Amended and Restated Financing Offer dated as of April 5, 2023 (as amended, the “Desjardins Credit Facility”). Pursuant to the terms of the Desjardins Credit Facility, the Company is required to maintain an unencumbered cash balance of at least C$5.0 million (the “Minimum Cash Covenant”). Pursuant to the Waiver, among other things, Desjardins has temporarily reduced...
Lithium Ionic Initiates Drilling at Four Properties Surrounding Bandeira Development Project and Expands Salinas Drilling Program to 30,000m in the Lithium Valley, Minas Gerais, Brazil
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TORONTO, July 05, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to provide an update on expanded drilling activities at its extensive claim holdings, including the Itinga and Salinas area properties, located in the Lithium Valley, in Minas Gerais State, Brazil.
Regional Drilling at Itinga Area Properties
A 4,000-metre drilling program has been initiated on four properties located between 2 to 10 kilometres from its flagship Bandeira Lithium Project (see Figure 1), for which a positive Feasibility Study was announced on May 29, 2024. This initial drilling program will aim to test lithium soil anomalies identified by systematic mapping and soil geochemistry exploration programs conducted in 2022 and 2023. This exploration method was successfully used...
Granting of Incentive Stock Options
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VANCOUVER, British Columbia, July 05, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) announces that pursuant to the Company’s stock option plan, 2,346,811 incentive stock options exercisable at $0.165 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company.
About Atico Mining Corporation
Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. The Company is also pursuing additional acquisition of advanced stage opportunities. For more information, please visit www.aticomining.com.
ON BEHALF...
Else Nutrition Announces Closing of US$2 Million Offering of Units
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Not for distribution to United States newswire services or dissemination in the United States
VANCOUVER, British Columbia, July 05, 2024 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) (“Else” or the “Company”), the Plant-Based baby, toddler, and children nutrition company, today announces that it has closed its previously announced offering of Units (the “Units”) of the Company (the “Offering”). Pursuant to the Offering, the Company issued a total of 13,245,033 Units at a price of US$0.151 per Unit for gross proceeds of US$2,000,000.
Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant. Each warrant is exercisable to acquire one common share at a price of US$0.151 until July 5, 2029.
The Company plans to use the net proceeds from the Offering to fund...
Premier American Uranium Shifts to Growth Ahead of Schedule at Cebolleta in New Mexico, US
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TORONTO, July 05, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce a shift from resource confirmation to focus primarily on growth and resource expansion following the recent set of milestones achieved by the Company including the NI 43-101 compliant mineral resource estimate (“MRE”) for the Cebolleta Project in New Mexico (see press release dated June 24, 2024), 12 months ahead of schedule.
The Cebolleta Project holds potential for significant resource expansion, including at the Willie P target, which was not included in the MRE, the underexplored extension of mineralization remaining open along trend, and several other untested areas. The Westwater Canyon Member, the principal host rock for several large historic uranium...
Stronghold Provides June 2024 Bitcoin Mining and Operational Update
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NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold” or the “Company”) today provided the following updates regarding its operations and financial performance:
Bitcoin Mining Update
Stronghold mined 61 Bitcoin in June 2024 and generated approximately $0.1mm in energy revenue, which represents the equivalent of approximately 2 additional Bitcoin based on the average price of Bitcoin during the month. This equates to approximately 63 of Bitcoin-equivalent production in June 2024.
The Company generated an estimated $4.0 million of revenue during June, a decrease of 24% compared to May 2024. The primary driver of the revenue decline in June was an approximately 0.9 EH/s lower average daily hash rate that was the result of three temporary factors: 1) voluntary curtailment due to the...
Titan Amends Amalgamation Agreement with Conavi Medical Inc.
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TORONTO, Ontario, July 05, 2024 (GLOBE NEWSWIRE) — Titan Medical Inc. (“Titan”) (TSX: TMD; OTC: TMDIF) announces that it has entered into a second amending agreement dated July 5, 2024 (the “Amending Agreement”), in respect of the previously announced amalgamation agreement dated March 17, 2024, as initially amended by an amending agreement on May 28, 2024 (collectively the “Amalgamation Agreement”) among Conavi Medical Inc. (“Conavi”), 1000824255 Ontario Inc. (a wholly-owned subsidiary of Titan) and Titan, to result in the merger of Conavi and Titan (the “Proposed Transaction”). In addition, Titan is seeking an additional extension with the Toronto Stock Exchange (“TSX”) to hold its Annual General and Special Meeting of Shareholders (the “AGM”) on or before September 30, 2024. An update regarding Titan’s AGM and any extension...