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Month: August 2024

Enlight Announces the Commencement of Commercial Operations at the Tapolca Solar Project in Hungary

The Project incorporates 60 MW of solar generation capacity, and cost $48 million to construct Tapolca is Enlight’s fifth project in Hungary, bringing the Company to a total of 144 MW of operating generation capacity in the country TEL AVIV, Israel, Aug. 18, 2024 (GLOBE NEWSWIRE) — Enlight Renewable Energy (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the commencement of operations at the Tapolca solar project (“the Project”) in Hungary, which has a production capacity of 60 megawatts. The project began commercial sales of electricity on July 31, 2024, ahead of the Company’s original schedule. This is Enlight’s fifth project in Hungary, bringing the Company’s total generating capacity in the country to 144 MW. Tapolca will sell electricity at merchant prices,...

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UPDATE: Sol-Gel Reports Second Quarter 2024 Financial Results and Provides Corporate Updates

Following recent transactions and cost-cutting efforts, Sol-Gel’s cash runway is expected to extend into the first quarter of 2026 Ongoing Phase 3 clinical trial of SGT-610 for Gorlin Syndrome with over 30 clinical sites activated; Top-line results are expected by the second quarter of 2026 SGT-210 proof-of-concept study in patients suffering from Darier disease, a significant unmet medical need in dermatology, is ongoing Sol-Gel sells its rights in the Abbreviated New Drug Application (ANDA) drug product generic to Zoryve® Cream (roflumilast cream 0.3%) Following management realignment, Mr. Mori Arkin, the Company’s executive chairman and controlling shareholder to be appointed as Company’s interim CEO as of January 1, 2025, subject to shareholders approval Sol-Gel recently signed license agreements with respect to TWYNEO and EPSOLAY...

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Acceleware Ltd. Reports Second Quarter 2024 Financial and Operating Results

CALGARY, Alberta, Aug. 17, 2024 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, today announced its financial and operating results for the six months ended June 30, 2024 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and high-performance computing (“HPC”) scientific software. This news release should be read in conjunction with the Company’s unaudited interim condensed financial statements and the accompanying notes for the six...

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Bavarian Nordic Provides Statement on Mpox Vaccine Supply and Collaboration with African and Global Stakeholders

COPENHAGEN, Denmark, August 17, 2024 – Bavarian Nordic A/S (OMX: BAVA) provides an update on plans for securing supply of vaccines to tackle the current mpox outbreak that the Africa Centers for Disease Control and Prevention (Africa CDC) declared as a Public Health Emergency of Continental Security (PHECS) on August 13, 2024 followed by the World Health Organization (WHO) that declared mpox as a Public Health Emergency of International Concern (PHEIC) on August 14, 2024. “Bavarian Nordic is working closely with all stakeholders to ensure the equitable access to our mpox vaccine during the current PHECS and PHEIC. Importantly, we have built a strong partnership with the Africa CDC, both on supply, but also expanding our manufacturing network to include Africa. We are also working with the WHO on a regulatory path to ensure access to all...

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Blender Bites Files Amended and Restated Offering Document for Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 16, 2024 (GLOBE NEWSWIRE) — Blender Bites Ltd. (the “Company”, “Blender Bites” or “Blender”) (CSE: BITE, FWB: JL4, WKN: A3DMEJ) announces that it has filed an amended and restated Offering Document (as defined below) related to its previously announced (August 2, 2024) non-brokered private placement under the Listed Issuer Financing Exemption (as defined below) of 1,875,000 units of the Company (each, a “Unit”) at a price of $0.64 per Unit to raise gross proceeds of $1,200,000 (the “Offering”). Each Unit will consist of one common share of the Company and one-quarter-of-one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase...

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Talmora Announces Closing of Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — Talmora Diamond Inc. (“Talmora” or the “Company”) (CSE:TAI), is pleased to announce it has closed its previously announced non-brokered private placement offering of 5,000,000 units (the “HD Units”) at a price of $0.05 per HD Unit and 3,000,000 flow-through units (the “FT Units” and together with the HD Units, the “Offered Securities”) at a price of $0.05 per FT Unit for aggregate gross proceeds of $400,000 (the “Offering”). Each HD Unit is comprised of one (1) common share in the capital of the Company (a “Common Share”) issued on a non-flow-through basis and one Common Share purchase warrant (a “Warrant”). Each FT Unit is comprised of one (1) Common Share qualifying as a “flow-through...

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Arogo Capital Acquisition Corp. Announces Receipt of Nasdaq Delisting Notice

MIAMI BEACH, FL, Aug. 16, 2024 (GLOBE NEWSWIRE) — Arogo Capital Acquisition Corp. (“Arogo” or the “Company”) (Nasdaq: AOGO/AOGOU/AOGOW), a special purpose acquisition company, today announced that it received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on August 12, 2024, notifying the Company that, based on the market value of publicly held shares for the previous 30 consecutive business days, the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), which requires the Company’s listed securities to maintain a minimum market value of publicly held shares of $15,000,000 (the “MVPHS Rule”). The notice has no immediate effect on the listing of the Company’s securities on Nasdaq. The Company intends to monitor the market value of the Company’s listed securities and may,...

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Inspirato Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

DENVER, Aug. 16, 2024 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its Board of Directors approved the grant of equity awards on August 13, 2024 as a material inducement to the employment of newly-hired Chairman and CEO, Payam Zamani. The grants were made under the Company’s 2024 Inducement Award Plan (the “Inducement Plan”) in accordance with Nasdaq Listing Rule 5635(c)(4). In connection with Mr. Zamani’s appointment as Chairman and CEO on August 12, 2024, Inspirato granted inducement awards consisting of (a) 500,000 time-based restricted stock units (“RSUs”) and (b) 500,000 performance-based restricted stock units (“PSUs”), each with an effective grant date of August 13, 2024 and subject to the continued service with Inspirato. The...

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Australian Oilseeds Announces Attendance at Sidoti Micro-Cap Investor Conference

Cootamundra New South Wales, Aug. 16, 2024 (GLOBE NEWSWIRE) —  Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (“Australian Oilseeds” or “AOI”) (NASDAQ: COOT), which manufactures and sells sustainable, non-GMO oilseeds and organic and non-organic food-grade oils globally,  announced today its attendance at the Sidoti Micro-Cap Virtual Conference from August 14-15, 2024. The Sidoti Micro-Cap event provides issuers and microcap investors the critical interaction that can be so elusive in the sector. Over the past two days, AOI’s senior management met with more than 20 prominent investment bankers, wealth managers, and private lenders all interested in investing in the agricultural industry. “I am excited to share Australian Oilseeds’ journey towards transforming the food production and farming space with future-minded...

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ThreeD Capital Inc. Announces Completion of Securities Purchase Agreement with Sariel Diagnostics Corp.

TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has closed its previously announced Securities Purchase Agreement (the “Agreement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia. In accordance with the Agreement, ThreeD has acquired 3,200,000 common shares of Sariel at a price of $0.05 per share. In consideration, ThreeD has issued an aggregate of 200,000 common shares of the Company at a deemed price of $0.80 per common share. No commission or finders’ fees were paid in connection with the Agreement. All...

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