Day: April 2, 2025
TORONTO, April 02, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today the following (all amounts disclosed herein exclude transaction costs and other adjustments):A subsidiary of ERES has entered into an agreement (the “Disposition Agreement”) with an affiliate of Fortress Investment Group (the “Fortress Affiliate”) to sell entities owning 1,446 residential suites in the Netherlands for aggregate proceeds, net of an adjustment for deferred taxes and other adjustments, of approximately €337 million (the “Pending Disposition”). The Fortress Affiliate has represented to ERES that an investor group which includes funds managed by affiliates of Fortress Investment Group will be the beneficiary of the acquisition.
Certain subsidiaries of ERES have completed...
Mesoblast Files Request for Type B Meeting with FDA to Discuss Accelerated Approval Pathway for Revascor® in Ischemic Heart Failure
Written by Customer Service on . Posted in Public Companies.
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Mesoblast (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today provided an update on its plans to meet with the United States Food and Drug Administration (FDA) to discuss the accelerated approval pathway for Revascor® (rexlemestrocel-L) in the treatment of patients with ischemic chronic heart failure with reduced ejection fraction (HFrEF) and inflammation.
Mesoblast filed a request for a Type B meeting during the last quarter, in line with previous guidance, and expects to have the meeting during this quarter. The meeting will be held under Mesoblast’s Regenerative Medicines Advanced Therapy (RMAT) designation for REVASCOR.
In a Type B meeting last year, FDA provided guidance to Mesoblast that the company was eligible to file for accelerated...
ThreeD Capital Inc. Cancels Upcoming Annual and Special Meeting of Shareholders
Written by Customer Service on . Posted in Public Companies.
TORONTO, April 02, 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, announces that it has cancelled its Annual and Special Meeting of Shareholders (the “AGM”) originally scheduled for Tuesday, April 22, 2025 at 11:00am (Toronto time).
ThreeD plans to reschedule the AGM within the next few weeks. Shareholders eligible to attend and vote at the AGM will receive new forms of proxy with meeting details.
About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest...
Acceleware Ltd. Reports Fourth Quarter 2024 Financial and Operating Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, today announced its financial and operating results for the year ended December 31, 2024 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and scientific high-performance computing (“HPC”). This news release should be read in conjunction with the Company’s audited financial statements and the accompanying notes for the year ended December 31, 2024 and...
Broadwind Awarded Strategic Order for Precision Components Supporting Power Generation
Written by Customer Service on . Posted in Public Companies.
CICERO, Ill., April 02, 2025 (GLOBE NEWSWIRE) — Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced its largest order to date of precision machined gearing products for the power generation market. Including this latest order, bookings for products from this leading OEM of natural gas turbines exceed $2.0 million in the first quarter of 2025.
Increasing demand for products supporting our nation’s electrical infrastructure is driving strong interest in our precision manufactured components. In response, the Company strategically enhanced its ability to move beyond traditional gearing by investing in industry leading machining capabilities, expanding its quality certifications including International Traffic in Arms Regulations...
Correction: Marimaca Commences Trading on the Australian Securities Exchange
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, April 02, 2025 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca” or the “Company”) (TSX: MARI) (ASX: MC2) refers to its announcement dated March 31st, 2025 (ET) / April 1st, 2025 (AEDT) in relation to the commencement of trading on the Australian Securities Exchange (“ASX”). The Company advises that the announcement contained an error and Marimaca is not admitted to the ASX as a ‘Foreign Exempt Listing’.
The Company was admitted to the official list of the ASX on March 31st 2025 (AEDT) and commenced quotation at 13:00 (1:00pm) (AEDT) on April 2nd 2025. Shares of the Company trade under the ticket MC2 and will be settled in the form of CHESS Depositary Interests (“CDIs”). Each CDI will be equivalent to one fully paid common share of the Company.
About Marimaca Copper Corp.
Marimaca is a copper exploration...
Consolidated Lithium Closes First Tranche of Private Placement Financing
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
TORONTO, April 02, 2025 (GLOBE NEWSWIRE) — CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.01 per Unit for gross proceeds of $210,000 (the “First Tranche”). For more information about the offering underlying the First Tranche (the “Offering”), please see the Company’s press release dated February 14, 2025, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca.
Pursuant to the First Tranche, Consolidated Lithium issued 21,000,000 Units at a price of $0.01 per Unit. Each Unit consists of...
Iceland Seafood International hf: Results of Bond Offering
Written by Customer Service on . Posted in Public Companies.
Iceland Seafood has concluded a sale of 3.5-year unsecured bonds in the new series ICESEA 28 10. Total amount sold is ISK 4.000 million at a yield of 9.95%, where total issuance in the series is limited to ISK 4.000 million. The bond has semiannual interest payments, balance will be paid in one installment at 9.10.2028. The bond is scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.
The offering is managed by Arion Bank Capital Markets.
Further Information:
Iceland Seafood International hf.Ægir Páll Friðbertsson CEO, apf@icelandseafood.com
WF International Limited Announces Closing of Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
CHENGDU, China, April 02, 2025 (GLOBE NEWSWIRE) — WF International Limited (the “Company”) (NASDAQ: WXM), an integrated electromechanical solutions company specializing in the supply, installation, fitting-out, and maintenance of HVAC systems, floor heating systems, and water purification systems, today announced the successful closing of its initial public offering (the “Offering”) of 1,400,000 ordinary shares at a public offering price of $4.00 per share (the “Offering Price”) to the public. The Offering generated total gross proceeds of $5,600,000, before deducting underwriting discounts and other related expenses. The Company’s ordinary shares began trading on the Nasdaq Capital Market on April 1, 2025, under the ticker symbol “WXM.”
In addition, the Company has granted the underwriters a 30-day option to purchase up...
Oportun Closes $187.5 Million Committed Warehouse Facility
Written by Customer Service on . Posted in Public Companies.
Increases total committed warehouse capacity to $954 Million
SAN CARLOS, Calif., April 02, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the closing of a new warehouse facility. Features of this facility include:$187.5 million total commitment
Natixis Corporate & Investment Banking, as senior lender
Neuberger Berman, on behalf of client funds, as mezzanine lender
Two-year revolving period
Collateralization by Oportun’s unsecured and secured personal loan originations“This new warehouse facility materially increases Oportun’s warehouse capacity with a diversified group of lenders,” said Paul Appleton, Interim Chief Financial Officer of Oportun. “With the support of Natixis and Neuberger Berman, this committed financing will help drive Oportun’s responsible growth...