Day: November 8, 2024
RENO, Nev., Nov. 08, 2024 (GLOBE NEWSWIRE) — NuLegacy Gold Corporation (the “Company”) reports that the failure to discover economic quantities of ‘ore’ grade gold on its Red Hill property in Nevada has challenged the Company’s ability to continue to finance operations, and as a consequence, the Company is considering suspending operations with a possible reorganization including an assignment and debt settlement of existing payables.
Sufficient funds were raised in its recent financing to pay the BLM and county lease payments on its only significant asset, the Red Hill property, through to September 1st, 2025. The Red Hill property will be available for purchase until June 1, 2024. Thereafter, the eastern half of the property will revert to its underlying owner, while the lease on the western half will expire Sept 1, 2025.
While...
Spirit Blockchain Capital Inc. Provides Update on Non-Brokered Private Placement
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Nov. 08, 2024 (GLOBE NEWSWIRE) — November 8, 2024 — Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), would like to provide an update on the non-brokered private placement announced by news release on September 24, 2024 to raise up to $2,500,000 through a non-brokered private placement (the “Offering”) of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit and up to $2,000,000 total principal amount of $1,000 convertible promissory notes (“Notes”). The Company continues to work towards completing the Offering, and expects to reach the full commitment of $2,500,000 and complete the Offering within the next five business days. Each Unit will consist of one common share of Spirit (each, a “Common Share”) and one half of one common share purchase warrant (each whole...
InspireMD Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Written by Customer Service on . Posted in Public Companies.
MIAMI, Nov. 08, 2024 (GLOBE NEWSWIRE) — InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Prime carotid stent system for the prevention of stroke, today announced that the Compensation Committee of InspireMD’s Board of Directors approved inducement grants to five new non-executive employees in the aggregate amount of 197,167 shares of restricted stock outside of InspireMD’s 2021 Equity Compensation Plan, with a grant date as of October 24, 2024, as an inducement material to the employee entering into employment with InspireMD, in accordance with Nasdaq Listing Rule 5635(c)(4).
The inducement plan is used exclusively for the grant of equity awards to individuals who were not previously employees of InspireMD, or following a bona fide period of non-employment, as an inducement material to such individuals entering into...
Euro Sun Closes First Tranche of Previously Announced Private Placement Financing
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement financing of units of the Company (the “Offering”). Pursuant to the closing of the First Tranche, the Company issued 9,390,038 units of the Company (each a “Unit” and collectively, the “Units”) at a price of C$0.05 per Unit for gross proceeds of C$469,501.90. Each Unit consists of one common share of the Company (each, a “Common Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder to acquire one additional Common Share of the Company at an exercise price...
Mueller Water Products to Participate in the Baird 2024 Global Industrial Conference
Written by Customer Service on . Posted in Public Companies.
ATLANTA, Nov. 08, 2024 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) today announced that its management team will participate in the Baird 2024 Global Industrial Conference in Chicago on November 12, 2024. The accompanying presentation will be available on the Events and Presentations webpage under Investor Relations on the Company’s website www.muellerwaterproducts.com.
About Mueller Water Products, Inc.
Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software that provides critical...
HYTN Announces Marketing Program
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Nov. 08, 2024 (GLOBE NEWSWIRE) — HYTN Innovations Inc. (CSE: HYTN, FSE: 85W0, OTC PINK: HYTNF) (“HYTN” or “the Company”), a company specializing in the pharmaceutical development and production of psychoactive and psychotropic compounds, including cannabis and psilocybin, is pleased to announce that it has engaged bullVestor Medien GmbH (“bullVestor”) (address: Gutenhofen 4, 4300, St. Valentin, Austria email: kontakt@bullvestor.at) to provide marketing services for an anticipated period of 6 months, or until budget exhaustion, commencing on November 15th, 2024, and provided that the term of the marketing services may be extended or shortened at the discretion of management.
bullVestor is arm’s length to the Company, and the marketing services will include the creation of content, ad groups and display...
BlackRock® Canada Calls Unitholder Meeting of iShares Premium Money Market ETF to Approve Investment Objective Change
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TORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK) today announced that it has called a special meeting of unitholders (the “Meeting”) of the iShares Premium Money Market ETF (the “iShares Fund”), to be held on or about January 22, 2025 to approve a change to the investment objective of the iShares Fund to permit investments in asset-backed commercial paper (the “Proposal”). BlackRock Canada is holding the Meeting solely as a virtual (online) meeting by way of live audio webcast.
The proposed change to the iShares Fund investment objective is as follows:Current Investment Objective
Proposed Investment ObjectiveCMR’s investment objective is to maximize current income to the extent consistent...
Prestige Wealth Inc. Announces Acquisitions of InnoSphere Tech and Closing of Acquisition of Wealth AI
Written by Customer Service on . Posted in Mergers And Acquisitions.
HONG KONG, Nov. 08, 2024 (GLOBE NEWSWIRE) — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”, or the “Company”), a wealth management and asset management services provider based in Hong Kong, today announced that, on November 5, 2024, it entered into a definitive acquisition agreement pursuant to which PWM will purchase all shares of InnoSphere Tech Inc.(“InnoSphere Tech”), a company incorporated under the laws of the British Virgin Islands. The total purchase price is US$2,100,000, subject to customary closing purchase price adjustments, in the form of 3,500,000 newly issued Class B ordinary shares of the Company at a price per Class B ordinary share of US$0.60 to the seller and key employees of InnoSphere Tech. The Company will also grant warrants to purchase 2,625,000 Class A ordinary shares of the Company at an exercise price per...
Integral Metals Corp. Announces the Completion of the Sale of the Zigzag Project and the Settlement of the Related Litigation
Written by Customer Service on . Posted in Mergers And Acquisitions.
CALGARY, Alberta, Nov. 08, 2024 (GLOBE NEWSWIRE) — Integral Metals Corp. (CSE: INTG) (the “Company” or “Integral”) announces that, further to its news release on November 7, 2024, it has completed the sale of the Zigzag Project, located in the Thunder Bay Mining Division in Ontario, Canada (the “Zigzag Project”) to Volta Metals Ltd. (“Volta”) for C$350,000. Concurrently with the closing of the sale of the Zigzag Project, Volta and Integral also executed a mutual release, releasing all claims between Volta and the Company with respect to the litigation regarding Integral’s acquisition of the Zigzag Project from Reflex Advanced Materials Corp. (the “Volta Claim”) and settling the Volta Claim as between the Company and Volta.
“This divestiture surfaces value for a non-core asset and gives us the ability to allocate additional resources...
Verde Announces Q3 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
(All figures are in Canadian dollars, unless stated otherwise. Average exchange rate in Q3 2024: C$1.00 = R$4.06)
SINGAPORE, Nov. 08, 2024 (GLOBE NEWSWIRE) — Verde Agritech Ltd (TSX: “NPK”) (OTCMKTS: “VNPKF”) (“Verde” or the “Company”) announces its financial results for the period ended September 30, 2024 (“Q2 2024”).
Despite a slight reduction in delivered volumes, financial results for the third quarter of 2024 have shown an improvement compared to Q3 2023. The Company sold 100,986 tons in Q3 2024, down from 108,000 tons in Q3 2023. Nevertheless, Verde achieved a 33% reduction in net loss.
In recent months, the Brazilian agricultural sector has continued to experience the compounded effects of higher input costs and subsequent decline in commodity prices. Which was further pressured by elevated interest rates in Brazil,...