Day: August 8, 2024

Crown Point Announces Issuance of US$7,183,058 of Series V Notes

CALGARY, Alberta, Aug. 08, 2024 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point“, the “Company” or “we“) is pleased to announce that its wholly-owned Argentine subsidiary, Crown Point Energía S.A. (“CPE“), has issued a total of US$7,183,058 principal amount of Series V unsecured fixed-rate notes (“Series V Notes“), which are denominated in US$ and payable in Pesos (the “Offering“).   The total principal amount of the Series V Notes will be repaid in one installment on February 8, 2026. The Series V Notes accrue interest at a fixed rate of 8% per annum, payable every three months in arrears from the issue date. The net proceeds from the Offering will be used for general corporate purposes and to make investments in the development of assets...

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B2Gold Reports Q2 2024 Results and Updated 2024 Guidance

VANCOUVER, British Columbia, Aug. 08, 2024 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) announces its operational and financial results for the second quarter of 2024. All dollar figures are in United States dollars unless otherwise indicated. 2024 Second Quarter Highlights Total gold production of 212,508 ounces: Total gold production in the second quarter of 2024 was 212,508 ounces, including 8,267 ounces of attributable production from Calibre Mining Corp. (“Calibre”). Production at the Fekola Mine in the second quarter of 2024 was below expectations as a result of damage to an excavator and the delay in receiving replacement equipment which impacted equipment availability for the second quarter of 2024, reducing tonnes mined. These equipment availability issues are being...

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CORRECTION: Whitsons Culinary Group Acquires Arbor Management Inc.

Expanding Wholesome Foods and Personalized Services into New Communities Whitsons Culinary Group Acquires Arbor Management Expanding Wholesome Foods and Personalized Services into New Communities Islandia, NY, Aug. 08, 2024 (GLOBE NEWSWIRE) — Whitsons Culinary Group®, a recognized industry leader in contract food service management and prepare meals, has acquired Arbor Management Inc., based in Itasca, Illinois. The acquisition enables Whitsons to expand our reach and mission of Enhancing Life One Meal at a Time™ further into the Midwestern United States. Whitsons and Arbor share in the belief that wellness and good food go hand in hand, especially in education, and were both founded on the principles of dedication and personalized service. Arbor is a leading food service management company that provides comprehensive...

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HilleVax Reports Second Quarter 2024 Financial Results and Highlights Recent Company Progress

$245.0 million of cash, cash equivalents and marketable securities as of June 30, 2024 The company is exploring the potential for continued development of its HIL-214 and HIL-216 norovirus vaccine candidates in adults BOSTON, Aug. 08, 2024 (GLOBE NEWSWIRE) — HilleVax, Inc. (Nasdaq: HLVX), a clinical-stage biopharmaceutical company focused on developing and commercializing novel vaccines, today reported financial results for the quarter ended June 30, 2024 and highlighted recent progress. Recent Business Highlights In Q3 2024, HilleVax announced that the NEST-IN1 clinical study did not meet its primary or secondary efficacy endpoints and that the company would discontinue further development of HIL-214 in infants. In Q3 2024, HilleVax announced a workforce reduction of approximately 40% of its workforce to reduce operating expenses...

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Xos, Inc. Reschedules Second Quarter 2024 Earnings Release Date and Conference Call

LOS ANGELES, Aug. 08, 2024 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is rescheduling the release of its second quarter 2024 operating results to Tuesday, August 13, 2024 after the close of the U.S. financial markets. Management will host a conference call to discuss these financial results at 4:30 p.m. Eastern Daylight Time / 1:30 p.m. Pacific Daylight Time that same day. Conference Call and Webcast Details Date / Time: Tuesday, August 13, 2024, at 4:30 p.m. EDT / 1:30 p.m. PDT Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1680171&tp_key=e31c8254cd U.S. Toll-Free Dial In: 1-833-816-1411 International Dial In: 1-412-317-0507 Conference ID: 10190972 To access the call, please dial in approximately ten minutes before the start...

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Bunker Hill Announces Entry Into Silver Loan Facility, Closing of the First Tranche and Amendments to Sprott Streaming Financing Package

TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V:BNKR; OTCQB:BHILL) announces that it has entered into definitive agreements with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., for the previously announced silver loan in an amount of US dollars equal to up to 1.2 million ounces of silver, to be advanced in one or more tranches, in support of the re-start and ongoing development of the Bunker Hill Mine (the “Silver Loan”). The Company has closed the first tranche of the Silver Loan in the principal amount of US$16,422,039, being the amount of US dollars equal to, as of August 8, 2024, 609,805 ounces of silver (the “First Tranche”). Sam Ash, President and CEO of Bunker Hill Mining, states, “By combining the solid support of our existing...

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Metasphere Labs Provides Clarifying News Release Regarding Its Acquisition of CarbonBot and ClimateBot

VANCOUVER, British Columbia, Aug. 08, 2024 (GLOBE NEWSWIRE) — Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., “Metasphere Labs” or the “Company”) (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N). As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosure in: (a) the news releases dated February 6 and 8, 2024 announcing the entering of a definitive agreement and subsequent closing of the acquisition of Bot Media Corp.’s (“Bot Media” or the “Vendor“) climate and artificial intelligence (AI) web3 assets (the “Purchased Assets“); (b) the news release dated March 21, 2024 announcing a definitive agreement with Bluesphere Ventures Inc. (“Bluesphere“); and (c) the news...

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Bright Mountain Media, Inc. Amends Credit Agreement with Centre Lane Partners Resulting in Deferral of Certain 2024 Payments.

Boca Raton, FL, Aug. 08, 2024 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global marketing services platform with current investments in digital publishing, advertising technology, consumer insights, and creative and media services, announced via an 8-K1 on July 5th, 2024 that they have amended their existing credit agreement with Centre Lane Partners, deferring certain interest and amortization payments for fiscal year 2024. Bright Mountain and its subsidiaries are parties to an Amended and Restated Senior Secured Credit Agreement between themselves, the lenders party thereto, and Centre Lane Partners Master Credit Fund II, L.P. as administrative agent and collateral agent, dated June 5, 2020 (the “Credit Agreement”). Effective June 30th,...

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McEwen Copper Update, Excitement in Argentina: Milei Magic Is Turbocharging Foreign Investments; US$4.4 Billion Copper Transaction by BHP and Lundin Mining; Los Azules Infill Drilling Confirmed High Grade Copper Zone

Infill Drill Highlights:AZ24375:217 metersof1.11 % Cu, incl.100 metersof1.32 % CuAZ24335:158 metersof0.84 % Cu, incl.78.5 metersof1.10 % CuAZ24403:276 metersof0.86 % Cu, incl.160 metersof0.96 % CuAZ24320:146 metersof0.89 % CuAZ24332:119.6 metersof0.72 % Cu TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) — McEwen Copper Inc., 48.3% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to comment on the excitement in Argentina that includes: Remarkable new legislation introduced by President Milei to encourage large domestic and foreign investments in the country; A US$4.4 Billion transaction led by BHP, the world’s largest mining company, and Lundin Mining to acquire two copper deposits located in the same province in Argentina as Los Azules; At Los Azules, infill drilling during the 2023-24 season upgraded the resource categories,...

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Optiva Inc. Reports Second Quarter 2024 Financial Results

All amounts are stated in United States dollars unless otherwise indicated Revenue of $11.4 million Total Contract Value (“TCV”)(1) bookings of $13.2 million Gross margin of 56% Adjusted EBITDA(1) loss of $1.7 million EPS loss of $ 0.90 $17.1 million of cash TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its second quarter financial results for the three-month period ended June 30, 2024. In the second quarter, Optiva secured a full BSS upgrade for a key customer, one of the largest Tier 1 mobile operators in Mexico, that will be deployed on Google Cloud. The company also extended other strategic Tier 1 customers with multi-year...

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