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Year: 2024

Mustang Energy Corp. Enters Option Agreement to Acquire Skyharbour’s 914W Uranium Project and Welcomes Jordan Trimble as Strategic Advisor

VANCOUVER, British Columbia, Nov. 13, 2024 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE:MEC, OTC:MECPF, FRA:92T) (“Mustang” or the “Company”) is excited to announce that it has entered into a strategic option agreement (the “Agreement”) with Skyharbour Resources Ltd. (TSX-V: SYH) (“Skyharbour”) dated November 12, 2024 to acquire an undivided 75% interest (the “Option”) in Skyharbour’s 914W Uranium Project (the “914W Project”), located in the Athabasca Basin of Northern Saskatchewan. The Option marks an important step for Mustang as it seeks to expand its presence in a promising uranium district. Additionally, Mustang is pleased to welcome Jordan Trimble, President and CEO of Skyharbour, as a Strategic Advisor to the Company, bringing valuable industry insights and expertise to Mustang’s growing portfolio. “Being granted the Option...

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Kingsoft Cloud to Report Third Quarter 2024 Financial Results on November 19, 2024

BEIJING, Nov. 13, 2024 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896) (“Kingsoft Cloud” or the “Company”), a leading cloud service provider in China, today announced that it will release its unaudited financial results for the third quarter 2024 ended September 30, 2024 before the open of U.S. markets on Tuesday, November 19, 2024. Kingsoft Cloud’s management will host an earnings conference call on Tuesday, November 19, 2024 at 7:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day). Preregistration InformationParticipants can register for the conference call by navigating to https://register.vevent.com/register/BI9c3a629d6e164637ab8af374255609ee  Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique access PIN. To...

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89bio, Inc. Announces Upsized Pricing of $125.0 Million Public Offering of Common Stock and Pre-Funded Warrants

SAN FRANCISCO, Nov. 12, 2024 (GLOBE NEWSWIRE) — 89bio, Inc. (“89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and cardiometabolic diseases, today announced the pricing of its previously announced upsized underwritten public offering of 11,455,882 shares of its common stock at a public offering price per share of $8.50 and, in lieu of common stock to a certain investor, pre-funded warrants to purchase up to 3,250,000 shares of its common stock at a public offering price of $8.499. The pre-funded warrants have an exercise price of $0.001 per share and are exercisable immediately. In addition, 89bio has granted the underwriters of the offering an option for a period of 30 days to purchase up to an additional 2,205,882...

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Volt Lithium Announces Upsized $5.4 Million Marketed Public Offering of Units

Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) — Volt Lithium Corp. (TSXV: VLT) (“Volt” or the “Company“) is pleased to announce that it has entered into an amendment to its engagement letter with Canaccord Genuity Corp. (“Canaccord Genuity” or the “Agent”) pursuant to which the Canaccord Genuity has agreed to upsize the previously announced public offering of the Company. The upsized offering (the “Offering”), on a “best-efforts” marketed basis, will be for up to 17,500,000 units of the Company (the “Units”) at a price of $0.31 per Unit (the “Offering Price”) for aggregate gross proceeds to the Company of up to $5,400,000. Aside...

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Japan Cloud Leaders Build NVIDIA AI Infrastructure to Transform Industries for the Age of AI

SoftBank Corp., GMO Internet Group, Highreso, KDDI, Rutilea and SAKURA Internet Adopt NVIDIA Accelerated Computing, Networking and Software to Advance Robotics, Auto, Healthcare, Telecom and Public Sector in JapanJapan Cloud Leaders Build NVIDIA AI Infrastructure to Transform Industries for AISoftBank Corp., GMO Internet Group, Highreso, KDDI, Rutilea and SAKURA internet adopt NVIDIA accelerated computing, networking and software to advance the robotics, automotive, healthcare, telecom and public sector industries in Japan.TOKYO, Nov. 12, 2024 (GLOBE NEWSWIRE) — NVIDIA AI Summit Japan—NVIDIA today announced that Japan cloud leaders SoftBank Corp., GMO Internet Group, Highreso, KDDI, Rutilea and SAKURA internet are building AI infrastructure with NVIDIA accelerated computing, networking and software to accelerate transformation...

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NVIDIA and SoftBank Corp. Accelerate Japan’s Journey to Global AI Powerhouse

NVIDIA / SoftBankSoftBank Corp. is working closely with NVIDIA to bring the power of AI to virtually every business, industry and consumer in Japan. Image Credit: SoftBankSoftBank Building Nation’s Most Powerful AI Supercomputer With NVIDIA Blackwell for Wide Range of Sovereign AI Initiatives, Announces Plans for Grace Blackwell NVIDIA AI Aerial Enables SoftBank to Build World’s First Live 5G AI-RAN, Unlocking Billions of Dollars in New Revenue Opportunities for Global Telco Industry SoftBank Uses NVIDIA AI Enterprise to Create AI Marketplace, Meeting Nation’s Demand for Local, Secure AI ComputeTOKYO, Nov. 12, 2024 (GLOBE NEWSWIRE) — NVIDIA AI Summit Japan—NVIDIA today announced a series of collaborations with SoftBank Corp. designed to accelerate Japan’s sovereign AI initiatives and further its global technology leadership...

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Conifex Announces Third Quarter 2024 Results

VANCOUVER, British Columbia, Nov. 12, 2024 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the third quarter ended September 30, 2024.  EBITDA* was negative $3.9 million for the quarter compared to EBITDA of negative $7.1 million in the second quarter of 2024 and negative $6.7 million in the third quarter of 2023. Net loss was $3.8 million or $0.09 per share for the quarter versus net loss of $9.7 million or $0.24 per share in the previous quarter and negative $8.0 million or $0.20 per share for the year-earlier quarter. Selected Financial Highlights The following table summarizes our selected financial information for the comparative periods. The financial information reflects results of operations from our Mackenzie sawmill and power plant.  Selected Financial Information            (unaudited,...

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Black Diamond Group Limited to Present at Sidoti Virtual Investor Conference

CALGARY, Alberta, Nov. 12, 2024 (GLOBE NEWSWIRE) — Black Diamond Group Limited (the “Company” or “Black Diamond”) (TSX:BDI, OTCQX:BDIMF) announced Trevor Haynes, President & CEO, will present and host one-on-one meetings with investors at the Sidoti November Virtual Investor Conference, taking place on November 13-14, 2024. Joining Mr. Haynes will be Toby LaBrie, EVP & CFO &, Jason Zhang VP Capital Markets Acquisitions & Divestitures. The presentation will begin at 11:30AM ET on November 13, 2024 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_QiHPVq5kQZ-f6iwjMKDS3Q. The Company will also host virtual one-on-ones with investors on Wednesday and/or Thursday, November 13-14, 2024. To register for the presentation, visit www.sidoti.com/events. Registration is free and you do not need to...

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LEEF Brands Inc. Reports Third Quarter 2024 Financial Results

VANCOUVER, British Columbia, Nov. 12, 2024 (GLOBE NEWSWIRE) — LEEF Brands, Inc. (“LEEF” or the “Company”) (CSE: LEEF, OTC: LEEEF), a premier vertical cannabis operator, today announced its financial results for the three and nine months ended September 30, 2024. Unless otherwise noted, all currency references are in United States dollars. Financial Highlights:Net sales of $6.8M for the three months ended September 30, 2024 and $22.6M for the nine months ended September 30, 2024. Gross Profit of $1.5M for the three months ended September 30, 2024 and $7.4M for the nine months ended September 30, 2024. Gross Margin of 22% for the three months ended September 30, 2024 and 33% for the nine months ended September 30, 2024. Unit Sales increase of 79% for the three months ended September 30, 2024.Management...

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Carbon Streaming Announces Financial Results for the Three and Nine Months Ended September 30, 2024

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the three and nine months ended September 30, 2024. All figures are expressed in United States dollars, unless otherwise indicated. The Company will host a live webcast and audio call at 10:00 a.m. ET on Wednesday, November 13, 2024. Carbon Streaming interim CEO Christian Milau stated: “In the third quarter of 2024, Carbon Streaming continued its focus on its restructuring and evaluating strategic alternatives and is working towards improving its operating cash flow for 2025 subject to carbon market conditions. As we look towards 2025, we remain committed to generating increased cash flows from carbon credit sales, identifying further...

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