Month: January 2025

– 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...

TORONTO, Jan. 17, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce that it has increased its previously announced private placement financing (the “Private Placement”) and subsequently closed the Private Placement pursuant to which it has issued an aggregate of 13,040,000 units of the Company (“Units”) in exchange for total gross proceeds of $1,956,000, or $0.15 per Unit. Each Unit issued as part of the Private Placement is comprised of one common share and one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price...

Transdermal GFR System (TGFR) is a first-in-kind product for point of care assessment of kidney function in patients with normal or impaired renal function The transdermal GFR (tGFR) methodology has been designed to be effective across the adult population without input of age, weight, sex, gender, race, or ethnicity More than 800 million people have Chronic Kidney Disease (CKD), one of the world’s leading causes of mortality worldwide, with associated deaths increasing over the past two decades1NEW YORK, Jan. 17, 2025 (GLOBE NEWSWIRE) — INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that the U.S. Food and Drug Administration (FDA) has approved the MediBeacon® TGFR for the assessment of kidney function in patients with normal or impaired renal function. The TGFR is comprised of the TGFR Sensor, TGFR...

CALGARY, Alberta, Jan. 17, 2025 (GLOBE NEWSWIRE) — XORTX Therapeutics Inc. (“XORTX” or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease and gout, announces the Company has changed its auditor from Smythe LLP, Chartered Professional Accountants (“Former Auditor”) to Davidson & Company LLP, Chartered Professional Accountants, (“Successor Auditor”) effective January 16, 2025. XORTX’s board of directors accepted the resignation of the Former Auditor, as of January 16, 2025 and appointed the Successor Auditor as the new auditor of the Company effective January 16, 2025, and to hold office until the close of the Company’s next annual general meeting of shareholders. There were...

Company Seeking to Remove Convertible Preferred Stock Exchange Cap to Permit Potential Conversion of Series A Preferred Stock as Contemplated by the Series A Preferred Stock Terms CHASKA, Minn., Jan. 17, 2025 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that it intends to hold a special meeting of its stockholders (the “Special Meeting”) on April 10, 2025 (the “Special Meeting Date”), to consider and vote on a proposal to approve, for purposes of complying with Nasdaq Listing Rule 5635(d), the issuance of shares of its common stock, par value $0.001 per share (“Common Stock”) issuable upon conversion of shares of Lifecore’s Series A Convertible Preferred Stock, par value $0.001 per share (the “Convertible...

MIDLAND, Pa., Jan. 17, 2025 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced that it has appointed William C. Regan as the Company’s Chief Financial Officer effective January 17, 2025. Rahul Mewawalla, CEO and President, said, “I am excited to have Bill as our Chief Financial Officer and look forward to his future accomplishments. We have also hired other leaders from companies such as Amazon Web Services and Apple, as we continue to transform the company and provide enterprise-class digital infrastructure platforms and compute solutions. I thank Sandy for his many contributions during his tenure....