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Day: December 13, 2024

Rakovina Therapeutics Announces Closing of Oversubscribed $3M Private Placement

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) — Rakovina Therapeutics Inc. (TSX-V: RKV, the “Company”, “Rakovina”, or “Rakovina Therapeutics”) a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies is pleased to announce the closing of a $3.0 million private placement. The private placement consists of 50,000,000 units (the “Units”) at a price of $0.06 per Unit. 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 entitles the holder thereof to subscribe for and purchase one Common Share of the Company for a period of 24 months from the date of issue at a price of $0.10 per Common Share. Rakovina retains the right to accelerate the Warrant exercise period...

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Global Uranium Corp. Announces Flow-Through Private Placement for up to C$1,500,000

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) — Global Uranium Corp. (CSE: GURN | OTCQB: GURFF | FRA: Q3J) (the “Company”) is pleased to announce a non-brokered flow-through private placement for gross proceeds of up to C$1,500,000 (the “Offering”). The Offering is expected to consist of the offering of units of the Company at a price of $0.75 per unit (each, a “Unit”), with each Unit comprised of one flow-through common share of the Company (each, a “FT Share”) and one-half of one non-flow-through common share (“Share”) purchase warrant of the Company (each, a “Warrant”), with each whole Warrant entitling the holder to acquire one Share in the capital of the Company (each, a “Warrant Share”) at a price of C$0.95 per...

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Q-Gold Announces Closing of First Tranche of Flow-Through and Non-Flow Through Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES(All figures in Canadian dollars unless otherwise stated) TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — Q-Gold Resources Ltd (TSXV: QGR, OTC: QGLDF, FRA: QX9G) (“Q-Gold” or the “Company”) is pleased to announce that it has closed a first tranche of previously announced non-brokered flow-through and non-flow through private placement (the “Offering”) for gross proceeds of C$503,406.28 (the “First Tranche”). Under the First Tranche, the Company issued (a) 2,200,000 flow-through units at $0.16 per unit (the “FT Units”), each FT Unit consisting of one flow-through common share (the “FT Shares”) and one-half of a warrant, each whole warrant exercisable at $0.20 per share for 24 months (the “FT Warrants”) and (b) 1,078,902 non-flow through units...

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Checkpoint Therapeutics Announces FDA Approval of UNLOXCYT™ (cosibelimab-ipdl)

UNLOXCYT is the first and only FDA-approved anti-PD-L1 treatment for advanced cutaneous squamous cell carcinoma WALTHAM, Mass., Dec. 13, 2024 (GLOBE NEWSWIRE) — Checkpoint Therapeutics, Inc. (“Checkpoint”) (Nasdaq: CKPT), today announced that the U.S. Food and Drug Administration (“FDA”) has approved UNLOXCYT™ (cosibelimab-ipdl) for the treatment of adults with metastatic cutaneous squamous cell carcinoma (“cSCC”) or locally advanced cSCC who are not candidates for curative surgery or curative radiation. UNLOXCYT is the first and only programmed death ligand-1 (“PD-L1”) blocking antibody to receive FDA marketing approval for this indication. The recommended commercial dosage of UNLOXCYT is 1,200 mg administered as an intravenous infusion over 60 minutes every three weeks. “Today’s FDA approval of UNLOXCYT – the first marketing...

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Genesee Repowering Achieves Commercial Operations

Canada’s most efficient natural gas combined cycle facility generating reliable, affordable and cleaner power EDMONTON, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) is proud to announce its Genesee Repowering project is now complete as Genesee Unit 2 achieved combined cycle commercial operations today, resulting in Genesee Units 1 and 2 becoming Canada’s most efficient natural gas combined cycle facility. Completion of this industry-leading project increases overall capacity at the Genesee Generating Station by 512 megawatts (MW) and reduces CO2 emissions by 3.4 million tonnes annually – representing a ~60% increase in capacity while reducing emissions by ~40%. “Our Genesee Repowering project is immensely impactful for North American power generation, demonstrating there is a valuable life after...

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XCHG Limited Reports Second Quarter 2024 Unaudited Financial Results

HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) — XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights         Three months endedJune 30, 2024   Six months endedJune 30, 2024DC fast charger deliveries 438   764NZS charger deliveries 26   51Total EV charger deliveries 619   1,155       Q2 2024 DC fast charger deliveries were 438, representing a decrease of 31.8% from 642 in the corresponding period of 2023. Q2 2024 Total EV charger deliveries were 619, representing a decrease of 5.4% from 654 in the corresponding period of 2023. DC fast charger deliveries in the first six months of 2024 were 764, representing a decrease of 30.0% from 1,092...

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CubeSmart Announces 2.0% Increase in Quarterly Common Dividend

MALVERN, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.52 per common share for the period ending December 31, 2024. The dividend is payable on January 16, 2025 to common shareholders of record on January 2, 2025.   “We are pleased to announce the 15th consecutive annual increase to our dividend,” commented President and Chief Executive Officer Christopher P. Marr. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,538 self-storage properties across the United States. According to the 2024 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company’s mission is to simplify the organizational and...

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Alpha Modus and Insight Acquisition Corp Close Business Combination and Alpha Modus will Begin Trading Under “AMOD” Ticker

CORNELIUS, N.C. and NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) —  Alpha Modus Holdings, Inc. (“Alpha Modus” or the “Company”), a technology company with a core focus on artificial intelligence in retail, is pleased to announce that the business combination between Insight Acquisition Corp. and Alpha Modus Corp. has closed, and Alpha Modus’s common stock and warrants will begin trading on the Nasdaq Global Market under the ticker symbols “AMOD” and “AMODW”, respectively, on Monday, December 16, 2024. In connection with the closing of the business combination, the combined company consummated and issued a secured convertible promissory note to an investor, in exchange for net proceeds of approximately $2.6 million, which will be used primarily to cover transaction costs and for working capital. The structure of the financing...

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Asante Files Financial and Operating Results for the Quarter Ended October 31, 2024

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the filing of its financial statements and management’s discussion and analysis (“MD&A”) for the three month and nine months ended October 31, 2024 (“Q3 2025”). Dave Anthony, President and CEO stated, “We are pleased to report another solid quarter with significant growth in adjusted EBITDA, reflecting the positive impact of ongoing business improvement initiatives at Bibiani and Chirano, combined with the substitutional leverage our operations have to higher gold prices. The relocation of the Bibiani-Goaso highway was a critical milestone for unlocking further growth at Bibiani, and development of the Russel Starter Pit underlines the district-scale...

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Fairfax Announces Acquisition of OMERS Investment in Brit

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has increased its ownership interest in Brit Limited to 100% from 86.2% by acquiring the interest of OMERS, the pension plan for Ontario’s municipal employees, for cash consideration of approximately US$383 million. Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management. For further information contact:        John Varnell, Vice President, Corporate Development at (416) 367-4941

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