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Day: March 27, 2025

Yukon Metals Announces Upsize in Private Placement to C$10M

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES/ VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) — Yukon Metals Corp. (CSE: YMC, FSE: E770, OTC: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce that in connection with its previously announced “best efforts” private placement, the Company and Cormark Securities Inc. together with Canaccord Genuity Corp. (the “Co-Agents”), have agreed to increase the size of the previously announced private placement for aggregate gross proceeds of up to approximately C$10 million (the “Offering”). The Offering will consist of the issuance and sale of 18,181,818 units of the Company (the “Units”) at a price of C$0.55 per Unit (the “Issue Price”). Each Unit will...

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CORRECTING and REPLACING: Reed’s Reports Fourth Quarter and Full Year 2024 Results

NORWALK, Conn., March 27, 2025 (GLOBE NEWSWIRE) — The Company is issuing a corrected version of its fourth quarter and full year 2024 earnings press release to account for a $750,000 provision related to contract proceedings with a vendor, which impacted the previously reported selling, general and administrative expenses and operating loss. The corrected press release follows: Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months and twelve months ended December 31, 2024. Q4 2024 Financial Highlights (vs. Q4 2023):Net sales were $9.7 million compared to $11.7 million. Gross profit increased more than 5x to $2.9 million compared to $0.5 million, with gross margin of 30.0% compared to 4.0%. This...

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VitalHub Reports Fourth Quarter and Annual 2024 Results

Annual Recurring Revenue (ARR)⁽¹⁻²⁾ up 59% YoY to $71.1 millionTotal Revenue up 51% YoY to $20.6 millionAdjusted EBITDA ⁽²⁾ up 27% YoY to $5.0 million TORONTO, March 27, 2025 (GLOBE NEWSWIRE) — Vitalhub Corp. (the “Company” or “VitalHub”) (TSX: VHI) (OTCQX: VHIBF) announced today it has filed its Consolidated Financial Statements and Management’s Discussion and Analysis report for the year ended December 31, 2024 with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedarplus.com. “We are pleased to report strong full year results, highlighted by annual 15% organic ARR⁽¹⁻²⁾ growth and 26% adjusted EBITDA⁽²⁾ margins,” said Dan Matlow, CEO of VitalHub. “We are seeing momentum build with our growing platform functionality and reputational awareness. Our record-breaking sequential...

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Acrivon Therapeutics Provides Program Updates and Fourth Quarter and Full Year 2024 Financial Results

Generative Phosphoproteomics AP3 platform designed to enable streamlined, rational drug discovery, with proprietary, proteome-wide SAR delivering desirable pathway effects R&D event highlighted positive ACR-368 endometrial cancer data in OncoSignature-positive (BM+) patients with heavily pretreated aggressive tumors, and who had all progressed on prior anti-PD-1 and chemotherapy, with 35% confirmed overall response rate (cORR), which is >2-fold higher than last prior line of therapy (15%) In the BM+ patients who had relapsed after prior anti-PD-1 and chemotherapy, the cORR was 50% with the median duration of response (mDOR) not yet reached (>10 months), while in BM+ patients who were refractory to their last prior line of therapy, the cORR was 33% and mDOR was ~3.4 months Endometrial cancer prioritized given limited treatment options...

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Stardust Power Announces Year End 2024 Financial Results

GREENWICH, Conn., March 27, 2025 (GLOBE NEWSWIRE) — Stardust Power Inc. (“Stardust Power” or the “Company”) (Nasdaq: SDST), an American developer of battery-grade lithium products, today announced its results for the year ended December 31, 2024.   Full Year Business Highlights  Operational highlights for the full year 2024 include: Listing on the Nasdaq: Completion of the Business Combination and subsequent listing on the Nasdaq Global Market (the “Nasdaq”). Purchase of refinery site: On December 16, finalized the purchase of 66-acre site in Muskogee, Oklahoma, for a total consideration of approximately $1.7 million.  Permitting and approvals: Secured the necessary stormwater discharge permit and received administrative approval for the Air Permit, with the technical approval pending. The Oklahoma Department of Environmental...

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Melcor REIT Announces Leading Independent Proxy Advisor Recommends Unitholders Vote for the Plan of Arrangement

In issuing its endorsement, ISS cites large premium cash exit, downside risks of non-approval, and meaningful improvements to the transaction Unitholders who have questions or need assistance in voting should contact Laurel Hill Advisory Group by telephone at 1-877-452-7184 (North American Toll Free) or 1-416- 304-0211 (Outside North America), or by email at assistance@laurelhill.comEDMONTON, Alberta, March 27, 2025 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) is pleased to announce that leading independent proxy advisor Institutional Shareholder Services (“ISS”) has recommended unitholders of Melcor REIT (“Unitholders”) vote FOR the previously announced amended and restated plan of arrangement (the “Arrangement”) with Melcor Developments Ltd. (“MRD”). The Arrangement provides, among...

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GameStop Announces Pricing of Private Offering of $1.3 Billion of Convertible Senior Notes

GRAPEVINE, Texas, March 27, 2025 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop”), today announced the pricing of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). GameStop also granted the initial purchaser of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $200 million aggregate principal amount of notes. The sale of the notes is expected to close on April 1, 2025, subject to customary closing conditions. The notes will be general unsecured obligations of GameStop, will not...

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Mustang Energy Receives Exploration Permit for the Dutton Uranium Project, Saskatchewan

VANCOUVER, British Columbia, March 27, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce that it has received exploration permits from the Government of Saskatchewan, allowing for ground-based exploration activities at the Dutton Uranium Project (the “Dutton Project”) in the Athabasca Basin, Saskatchewan. The approved permits are valid from April 1, 2025 to March 31, 2028 and authorize the Company to carry out mineral exploration activities such as trail construction, line-cutting, ground geophysical surveys, and diamond drilling. Mustang recently completed an Xcite™ TDEM survey over a portion of the Dutton project and are currently awaiting results. The Company looks to initiate further exploration activities aimed at further assessing the viability...

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Abaxx Announces Closing of C$22,850,000 First Tranche of Convertible Debenture Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, March 27, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announces that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement (the “Offering”) of secured convertible debentures (the “Debentures”) for aggregate gross proceeds of C$22.85 million. The Company may close a second and final tranche (the “Second Tranche”) of the Offering for gross proceeds...

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Sprott Physical Silver Trust Net Asset Value Reaches $6 Billion

TORONTO, March 27, 2025 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott”) on behalf of the Sprott Physical Silver Trust (NYSE Arca/TSX: PSLV) (“PSLV” or the “Trust”) today announced that PSLV’s net asset value (“NAV”) has surpassed US$6 billion. “We would like to thank our unitholders for their trust and support in helping the Sprott Physical Silver Trust reach this significant milestone,” said John Ciampaglia, Chief Executive Officer of Sprott Asset Management. “PSLV provides investors with an alternative way to own fully allocated and segregated physical silver at a time when physical ownership has never been more important.” ““PSLV is fully backed by physical silver which is redeemable, subject to minimum investment size, and does not store its metal with bullion banks,” continued Mr. Ciampaglia. “PSLV is a liquid exchange-listed...

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