Month: August 2024

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Aug. 12, 2024 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announced that it has completed its previously-announced reorganization of High Arctic to separate the Corporation’s North American and Papua New Guinea businesses, by way of a court-approved plan of arrangement (the “Arrangement”) between the Corporation and High Arctic ‎Overseas Holdings Corp. (“SpinCo”). Pursuant to the Arrangement, among other things:High Arctic transferred all of the outstanding ordinary shares of High Arctic Energy Services Cyprus...

MONTRÉAL, Aug. 12, 2024 (GLOBE NEWSWIRE) — Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (Frankfurt: N8HP) (“CDPR” or the “Corporation”) is pleased to confirm that further to the management cease trade order (“MCTO) granted by its principal regulator, the Autorité des marchés financiers on July 30, 2024, it has completed on August 12, 2024 the filing of its audited consolidated financial statements, its management’s discussion and analysis and related officer certifications for the financial year ended March 31, 2024 (collectively, the “Annual Filings”) under its SEDAR+ profile at www.sedarplus.com and on the website of the Corporation. As a result, the Corporation expects the MCTO to be revoked by securities regulators in accordance with Policy Statement 12-203 respecting Management Cease Trade Orders after the end...

Proceeds to be used primarily to acquire bitcoin and for general corporate purposes Fort Lauderdale, FL, Aug. 12, 2024 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced the pricing of its offering of $250 million aggregate principal amount of 2.125% convertible senior notes due 2031 (the “notes”). The notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). MARA also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to...

NEW YORK, N.Y., Aug. 12, 2024 (GLOBE NEWSWIRE) —  JetBlue Airways Corporation (NASDAQ: JBLU) (“JetBlue”) today announced the pricing of $400 million aggregate principal amount of its 2.50% convertible senior notes due 2029 (the “notes”). JetBlue granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of the notes. JetBlue expects to close the offering on or about August 16, 2024, subject to the satisfaction of customary conditions. In certain circumstances prior to June 1, 2029 and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date, the notes may be converted at an initial conversion price of approximately $6.12 per share of JetBlue’s common stock, representing approximately a 27.5% conversion...

VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces that operations at Titan’s Empire State Mine (“ESM”) have been temporarily suspended following historic flooding from Tropical Storm Debby. There were no injuries to employees or damage to the mobile fleet. Despite efforts by mine personnel to divert water to mined out areas of the mine, floodwater rose in the shaft above the crusher level leading to electrical power failure in the mine. As of this morning, power has been partially restored to the underground and floodwaters are receding. The Company continues to pump water out of the underground workings. Once mining operations resume, ore will be stockpiled underground. As a result of flooding, the underground crusher and control room will require...

Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States. Highlights:Alaska Energy Metals cancels offering announced on August 9, 2024, at $0.17 per Special Warrants and/or Units. Due to market prices, Alaska Energy Metals will undertake an offering of Special Warrants and Units at $0.15.VANCOUVER, British Columbia, Aug. 12, 2024 (GLOBE NEWSWIRE) — Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or “Alaska Energy Metals” or the “Company”) announces that it is canceling the non-brokered offering of up to $5 million in a combination of special warrants (the “Special Warrants”) and/or units (the “Units”), to be issued at the price of $0.17 per Special Warrant or Unit, as applicable,...

Company recently named in a lawsuit by famous rapper in connection with a dispensary investment LOS ANGELES, CA, Aug. 12, 2024 (GLOBE NEWSWIRE) — Pineapple Consolidated, Inc., (the “Company” or “PCI”) a 25% minority owned asset of Pineapple Express Cannabis Company (OTC: PNXP), a publicly traded company, today disclosed that a celebrity investor in PCI’s Hollywood cannabis dispensary, 2 Chainz, has initiated a legal action against PCI regarding his investment. The lawsuit alleges dissatisfaction with his investment which PCI believes was heightened after seeing the dispensary temporarily closed in the last week of July and its planned closure for the entirety of August. The situation has attracted some media coverage. A thoughtful and balanced perspective on the matter can be found by clicking here. Company management confirms...