Day: December 3, 2024
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) — Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) today announced the date of a special meeting of stockholders (the “Special Meeting”) and the filing of its definitive proxy statement in connection with the previously announced Agreement and Plan of Merger (the “Merger Agreement”) with First Majestic Silver Corp. (“First Majestic”) (NYSE/TSX: AG) (FSE: FMV) pursuant to which First Majestic will acquire all of the issued and outstanding shares of common stock of Gatos Silver (the “Transaction”).
Gatos Silver notified its stockholders that the Special Meeting will take place virtually on Tuesday, January 14, 2025, at 10:00 a.m., Pacific Time. Stockholders of record as of November 25, 2024 (the “Record Date”) are eligible to vote at the Special Meeting.
Gatos...
Dominion Lending Centres Inc. Receives Shareholder Approval for Acquisition of Preferred Shares and Related Transactions
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VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX: DLCG) (“DLCG” or the “Corporation”) is pleased to announce the following results from its special meeting (the “Meeting”) of holders (the “Shareholders”) of Class A common shares (“Common Shares”) held earlier today:In respect of an ordinary resolution (the “Acquisition Resolution”), as more particularly set out in the management information circular dated October 25, 2024 (the “Information Circular”), approving the proposed acquisition (the “Proposed Acquisition”) of all of the issued and outstanding non voting Series 1 Class B preferred shares of the Corporation (the “Series 1 Preferred Shares”) from KayMaur Holdings Ltd....
Skyharbour Announces Upsized Private Placement for Gross Proceeds of up to C$9.5 Million
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Not For Distribution to U.S. News Wire Services or Dissemination in The United States
VANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that, in connection with its previously announced private placement, it has entered into an amended agreement with Haywood Securities Inc. and Red Cloud Securities Inc. as co-lead agents and co-bookrunners (collectively, the “Agents”) to increase the aggregate size of the financing for gross proceeds to the Company of up to C$9,500,000.
The private placement will now include the sale of (i) up to 5,000,000 hard dollar units of the Company (the “Units”) at a price of C$0.40 per Unit for gross proceeds of up to C$2,000,000 (the “Unit Offering”), plus (ii) any...
POET Technologies Completes US$25 Million Registered Direct Offering
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TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that it has completed its previously announced registered direct offering with a single institutional investor that qualifies as an “accredited investor” under National Instrument 45-106 – Prospectus Exemptions of the Canadian Securities Administrators. The Corporation issued 5,555,556 common shares (the “Common Shares“) and a warrant exercisable to acquire up to 2,777,778 Common Shares (the “Warrants“) to the investor for aggregate...
Brookfield Commits to Growing Investment in France
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New office hub opened in ParisRenewable energy, digital infrastructure and real estate in focusNeoen transaction nears completion of its first stage
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) — Brookfield Asset Management (“Brookfield”), a leading global alternative asset manager with over $1 trillion of assets under management, announced today the opening of a new office hub in Paris to deepen its established presence in the market.
Brookfield has been actively investing in France since 2015 and employs over 7,000 people through its operations. Its portfolio extends across AI and other digital infrastructure, renewable energy, residential decarbonization, student and young professional living, hospitality, and logistics.
Sikander Rashid, Head of Europe, Brookfield, said, “At Brookfield we see significant long-term potential to invest...
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Fourth Quarter Common Stock Distribution of $0.2161 Per Share
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TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.2161 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on December 30, 2024 to stockholders of record at the close of business on December 13, 2024 (ex-dividend on December 13, 2024). The price of shares issued for reinvestment will be determined on December 20, 2024.
The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (“NAVs”), with the fourth quarter distribution being the greater of...
Algoma Steel Group to Participate in the Inaugural B. Riley Securities Energy Convergence Conference
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SAULT STE. MARIE, Ontario, Dec. 03, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that the Company will be participating in the B. Riley Securities Energy Convergence Conference on Wednesday, December 4, 2024, at the Hotel Eventi in New York. Prior to Algoma’s attendance at this conference, the Company will post a copy of the presentation it will use in the Investors section of its website on ir.algoma.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release contains “forward-looking information” under applicable Canadian securities legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of...
Eagle Bancorp, Inc. Announces Registered Exchange Offer for its Outstanding 10.00% Senior Notes due 2029 Issued in Connection with Prior Private Placement
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BETHESDA, Md., Dec. 03, 2024 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (NASDAQ: EGBN) (“Eagle”) today announced the commencement of its offer to exchange (the “Exchange Offer”) its outstanding unregistered 10.00% Senior Notes due 2029 (the “Original Notes”) for a like principal amount of notes of the same series that have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”).
The Exchange Offer will expire at 5:00 p.m., Eastern time, on January 10, 2025, unless extended or earlier terminated by Eagle (such date and time, as the same may be extended or earlier terminated, the “Expiration Date”). In order to be exchanged in the Exchange Offer, an Original Note must be validly tendered and not validly withdrawn at or prior to the Expiration Date and accepted by Eagle. The settlement date for the Exchange...
Descartes Announces Fiscal 2025 Third Quarter Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Record Revenues as Global Logistics Network Expands
WATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 third quarter (Q3FY25). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP).
“Our business has grown organically while we’ve added complementary solutions to our Global Logistics Network by way of acquisition,” said Edward J. Ryan, Descartes’ CEO. “We listen to our customers about where best to invest to help them meet the many logistics and supply chain challenges they’re facing, which contributed to us completing two acquisitions this past quarter. The global trade...
Procaps Group Announces Financing, Shareholders Agreement and Board Updates
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MIAMI and BARRANQUILLA, Colombia , Dec. 03, 2024 (GLOBE NEWSWIRE) — Procaps Group, S.A. (NASDAQ: PROC) (“Procaps” or the “Company”), a leading integrated LatAm healthcare and pharmaceutical services company, today announced the successful execution of key strategic transactions and governance updates aimed at strengthening its financial position and supporting long-term growth objectives.
On November 29, 2024, the Company entered into a Secured Convertible Note Subscription Agreement with Hoche Partners Pharma Holdings S.A. (“Hoche”), pursuant to which the Company may issue up to $40 million in Convertible Notes. Under the agreement, Procaps issued an initial $20 million Convertible Note to Hoche. Hoche is obligated to purchase an additional $20 million of Convertible Notes by year-end, subject to certain exceptions.
The...