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Day: December 4, 2024

DMG Blockchain Solutions Inc. Announces Listing of Warrants

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE DISSEMINATION, DISTRIBUTION, RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES VANCOUVER, British Columbia, Dec. 04, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSXV: DMGI) (“DMG” or the “Company”) is pleased to announce that it has received approval of the TSX Venture Exchange (the “TSXV”) for the supplemental listing of up to 34,509,890 common share purchase warrants of the Company (the “Warrants”) issuable pursuant to the Company’s previously announced overnight marketed offering of units (the “Offering”). An aggregate of 32,556,500 Warrants were issued in connection with the closing of the Offering on November 19, 2024, and an additional 1,953,390 Warrants may become issuable upon the due exercise of certain broker warrants...

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URW acquires 38.9% stake in URW Germany JV from partner CPP Investments for 3.254 Mn URW stapled shares

Paris, December 4, 2024 Press release URW acquires 38.9% stake in URW Germany JV from partner CPP Investments for 3.254 Mn URW stapled shares Unibail-Rodamco-Westfield (“URW”) today announces that it has acquired a 38.9% stake in URW Germany GmbH and its related entities (together “URWG”) from its joint venture partner Canada Pension Plan Investment Board (“CPP Investments”). The acquisition is an off-market transaction, in the context of an existing shareholders’ agreement and increases URW’s stake in URWG to 89.9%. Both partners retain the option to transfer the remaining 10.1% of CPP Investments’ interest to URW in 2025 for a cash consideration of up to €65 Mn. This acquisition is financed through the issuance of 3.254 Mn new URW stapled shares, representing approximately 2.2% of URW’s post-execution fully diluted share capital. These...

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Bankable Feasibility Study in The Cards for Mont Sorcier Iron Deposit

ROUYN-NORANDA, Quebec, Dec. 04, 2024 (GLOBE NEWSWIRE) — Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US) and GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, L&S Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) are pleased to provide an update as regards the Mont Sorcier Iron Project near Chibougamau Quebec. Chibougamau maintains a 2% Gross Metal Royalty on all mineral production from the property and Globex maintains a 1% Gross Metal Royalty on iron produced from the property. As a reminder, the Mont Sorcier Iron Deposit is a 678.5 Mt Indicated Resources and 546.6 Mt Inferred...

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FutureTech II Acquisition Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Reports on Form 10-Q and Publicly Held Shares Rule and Makes Progress Towards Regaining Compliance

New York, New York, Dec. 04, 2024 (GLOBE NEWSWIRE) — FutureTech II Acquisition Corp. (the “Company”) (NASDAQ: FTII), today announced that it received an expected deficiency notification letter from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) on November 27, 2024 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the “Q3 10-Q”), as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the “SEC”) on November 15, 2024. The Staff also noted that this serves as an additional basis for delisting the Company’s securities from Nasdaq and since the Company is already...

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Gabelli Dividend & Income Trust Increases Annual Distribution 27% to $1.68 From $1.32 and Monthly Distribution Rate to $0.14 From $0.11

RYE, N.Y., Dec. 04, 2024 (GLOBE NEWSWIRE) — In light of the performance of The Gabelli Dividend & Income Trust (NYSE: GDV) (the “Fund”) and the Fund’s $1.4 billion in portfolio unrealized gains, The Board of Trustees has decided to increase the annual distribution to $1.68 per share, which will be paid $0.14 per share monthly. The increased monthly distributions will commence with the previously announced distribution dates in the first quarter of 2025.Distribution Month Record Date Payable Date Distribution Per ShareJanuary January 16, 2025 January 24, 2025 $0.14February February 13, 2025 February 21, 2025 $0.14March March 17, 2025 March 24, 2025 $0.14       The Fund’s distribution policy is subject to modification by the Board of Trustees at any time, and there can be no guarantee that the policy will continue....

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Quick Serve Enterprises Inc. Announces Acquisition by YCD Inc. and $75 Million Investment Commitment

TORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) — Quick Serve Enterprises Inc. (“QSR Enterprises”), a leader in the Canadian quick-service restaurant (QSR) sector, is pleased to announce its acquisition by YCD Inc., a global hospitality and franchise conglomerate. The transaction provides YCD Inc. with a controlling interest in QSR Enterprises. As part of the acquisition, YCD Inc. has committed to investing $75 million to accelerate franchise acquisitions and growth initiatives. Strategic AlignmentThis acquisition represents a significant milestone for both companies, aligning with YCD Inc.’s strategy to expand its footprint in Canada’s QSR market. The $75 million investment will be directed toward acquiring high-performing franchise businesses, fostering innovation, and scaling operations to enhance market presence across Canada. Growth-Focused...

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Capital Markets Partner Joanna Enns Joins Hunton Andrews Kurth in Dallas

Joanna Enns, Partner, Hunton Andrews Kurth LLPJoanna Enns, Partner, Hunton Andrews Kurth LLPDALLAS, Dec. 04, 2024 (GLOBE NEWSWIRE) — Hunton Andrews Kurth LLP is pleased to announce that prominent minerals and mining capital markets attorney Joanna D. Enns has joined the firm as a partner in Dallas.  Enns joins Hunton Andrews Kurth from Vinson & Elkins LLP, where she built a reputation as a well-respected corporate securities and mergers and acquisitions practitioner. She has significant experience leading capital markets, M&A, and liability management transactions. Enns represents issuers and investment banks in a broad range of public and private securities transactions, including IPOs and other equity offerings, high yield and investment grade debt offerings, tender offers, restructurings, and securitizations,...

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Parallax Energy Closes Acquisition of Vesta Energy Ltd.

CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) — Parallax Energy Operating Inc., a wholly owned subsidiary of Parallax Energy, L.P. (collectively “Parallax”), today closed the acquisition of Vesta Energy Ltd. (the “Acquisition”), a private producer with a significant land position in the East Shale Basin of the Duvernay light oil window in Central Alberta. Parallax now operates an established production base of over 17,000 boe/d (~75% light oil) and is well-positioned for long-term organic growth, with decades of future development inventory across approximately 230,000 net acres in the Duvernay. “We are excited to close the acquisition of Vesta. We now control among the largest inventories of low-breakeven Duvernay oil locations, with recent completion advancements underpinning some of the highest returns in the WCSB,” said...

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BULGOLD Announces Proposed Extension of Expiry Date of Warrants

TORONTO, Dec. 04, 2024 (GLOBE NEWSWIRE) — BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) announces that the Company intends to extend the expiry dates of a total of 3,683,413 common share purchase warrants (the “Warrants“), which were issued as part of the private placement of the Company on June 23, 2023 and July 7, 2023, and are currently set to expire on December 23, 2024. The Company has made an application to the TSX Venture Exchange (the “TSXV“) to extend the expiry date from December 23, 2024 to June 23, 2028. Holders of Warrants will not receive an amended Warrant certificate. The extension of the expiry date of the Warrants is subject to the approval of the TSXV. A portion of the Warrants are held by insiders who are considered to be “related parties” of the Company. Therefore, the amendment...

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Verizon Chairman & CEO Hans Vestberg to speak at UBS Global Media & Communications Conference Dec. 9

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) — Hans Vestberg, Chairman and CEO of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the UBS Global Media & Communications Conference on Monday, December 9, at 9:00 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors/. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow....

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