Day: January 18, 2025

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, B.C., Jan. 17, 2025 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat & Beyond” or the “Company”), an investment issuer focused on sustainability and alternative protein sector, announces that further to its news releases dated November 28, 2024 and January 15, 2025, the Company is pleased to announce that it has closed the previously announced non-brokered private placement of units of the Company (the “Units”) by the issuance of 11,141,090 Units at a price of C$0.0825 per Unit for gross proceeds to the Company of C$919,140.00 (the “Offering”). Each Unit consists of one common share (each a “Share”) and one Share purchase warrant (each a “Warrant”). Each Warrant will entitle...

JUSTIN, Texas, Jan. 17, 2025 (GLOBE NEWSWIRE) — Canoo Inc. (Nasdaq: GOEV), (the “Company”), a high-tech advanced mobility and energy company, today announced that it has filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing, made with the U.S. Bankruptcy Court for Delaware, will result in the federal appointment of a Bankruptcy Trustee to oversee the liquidation of the Company’s assets and the distribution of proceeds to creditors. Despite being American-made, successfully delivering to such esteemed organizations as NASA, the Department of Defense (“DOD”), The United States Postal Service (“USPS”), the State of Oklahoma and having agreements with Walmart and others, Canoo has unfortunately been unable to secure financial support from the U.S. Department of Energy’s (“DOE”) Loan...

– NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES – Vancouver, BC, Jan. 17, 2025 (GLOBE NEWSWIRE) — Demesne Resources Ltd. (CSE:DEME) (OTCQB:DEMRF) (FSE:RK9) (“Demesne” or the “Company”) is pleased to announce that it has completed the fourth and final tranche (the “Fourth Tranche”) of its previously announced non-brokered private placement financing (the “Offering”). Pursuant to the Fourth Tranche, the Company issued 1,740,884 common shares of the Company (“Common Shares”), at a price of $0.25 per Common Share for gross proceeds of approximately $435,221. The Company received gross proceeds of approximately $2,010,622 under the oversubscribed Offering across all tranches. In connection with the Fourth Tranche, the Company paid finder’s fees to eligible finders consisting of $11,200 in cash...

MONTRÉAL, Jan. 17, 2025 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC – “Earth Alive” or the “Company”) announces its intention to complete a sale transaction and ancillary steps (collectively, the “Transaction”) pursuant to a Subscription Agreement, dated January 17, 2025 (the “Subscription Agreement”), between the Company and 9530-8086 Québec Inc. (the “Purchaser”). The promoters of the Purchaser comprises a group of investors, including Mr. Erik Bomans (a director of the Company) and Mr. Nikolaos Sofronis (a director and the chief executive officer of the Company). The Subscription Agreement was entered into in connection with the Company’s proceedings under the Bankruptcy and Insolvency Act (Canada) (the “BIA”) and the related sales and investment solicitation process (the “SISP”) approved by the Superior...

Singapore, Jan. 17, 2025 (GLOBE NEWSWIRE) — SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), an advanced technology solution provider in the emerging property-technology (“PropTech”) space, today announced that it has received letters from the Listing Qualification staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that the Company does not meet the minimum stockholders’ equity requirement and annual meeting requirement. As reported in the Company’s Form 6-K dated December 30, 2024, the Company’s stockholders’ equity of $950,980 for the period ended June 30, 2024, was below the minimum stockholders’ equity of $2,500,000. The minimum stockholders’ equity of $2,500,000 is required for continued listing on Nasdaq as set forth in Nasdaq Listing Rules 5550(b)(1). The Company also did not hold an annual meeting...

VANCOUVER, British Columbia, Jan. 17, 2025 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today that its hourly employees represented by United Steelworkers Local 1- 1937 (“USW”) have voted to ratify a new collective agreement, replacing the collective agreement that expired on June 14, 2024. The new six-year collective agreement has a retroactive effective date of June 15, 2024, will expire June 14, 2030 and provides for the following general wage increases:Year 1 4%Year 2 3%Year 3 3%Year 4 3%Year 5 3%Year 6 Greater of 3% or the rate of inflationThe new agreement also includes enhancements to certain benefits and terms of mutual interest for the USW and the Company. It will apply to the roughly 1,000 members of Western’s hourly workforce represented by the...