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Month: May 2025

Advent Technologies Receives Nasdaq Notice on Late Filing of its Form 10-Q

LIVERMORE, Calif., May 23, 2025 (GLOBE NEWSWIRE) — (NASDAQ: ADN) On May 22, 2025, Advent Technologies Holdings, Inc. (the “Company”) received a letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with periodic requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2025 was not filed with the Securities and Exchange Commission by the required due date of May 15, 2025, and because the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 was not filed by the required due date of March 31, 2025 and has not yet been filed. This Letter received from Nasdaq has no immediate effect on the listing or trading of...

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Hampton Financial Corporation Announces The Completion of A Non-Brokered Private Placement of Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) is pleased to announce the closing of a non-brokered private placement of debentures (the “Debentures”) in the principal amount of $3,000,000. The Debentures will mature five (5) years and one day after the issue date (the “Maturity Date”) and will bear interest at the rate of 11% per annum, payable quarterly in arrears on the last day of March, June, September and December in each year until the Maturity Date. The first interest payment will be made at the end of the first calendar quarter following the closing date (the “Initial Interest Payment Date”) and will consist of interest accrued from and including the closing date to the...

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IMUNON Announces Up To $9.75 Million Private Placement Priced At-The-Market Under Nasdaq Rules

$3.25 million upfront with up to an additional $6.5 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants LAWRENCEVILLE, N.J., May 23, 2025 (GLOBE NEWSWIRE) — IMUNON, Inc. (NASDAQ: IMNN), a clinical-stage company in Phase 3 development of its DNA-mediated immunotherapy, today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 7,222,223 shares of its common stock (or pre-funded warrants in lieu therof) and short-term warrants to purchase up to an aggregate of 14,444,446 shares of common stock at a purchase price of $0.45 per share (or pre-funded warrant in lieu thereof) and accompanying short-term warrants in a private placement priced at-the-market under Nasdaq rules. The warrants will be exercisable beginning on the effective date of stockholder...

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Teck Recommends that Shareholders Reject “Mini-Tender Offer” by TRC Capital

VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has been notified of an unsolicited “mini-tender” offer by TRC Capital Corporation (“TRC”) to purchase up to 2.0 million Class B subordinate voting shares of Teck, representing approximately 0.41 percent of Teck’s outstanding Class B subordinate voting shares as of May 23, 2025. The offer price of $47.80 represents a 4.46% discount to the closing price of Teck’s Class B subordinate voting shares on the Toronto Stock Exchange on May 20, 2025, the day prior to the date of the offer. Teck recommends that shareholders NOT tender their Class B subordinate voting shares in response to TRC’s below-market price mini-tender offer. TRC’s mini-tender offer is subject to many conditions, including conditions...

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Mustang Energy Corp. Commences Field Program at 914W Uranium Project

VANCOUVER, British Columbia, May 23, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to announce the commencement of its 2025 field exploration program at the 914W Project (the “Project”), located in a prospective region known for its mineral potential south of the world-renowned Athabasca Basin. The Company purchased an interest in the Project pursuant to an option agreement (the “Option Agreement”) with Skyharbour Resources Ltd. whereby the Company may acquire a 75% interest in the Project by satisfying certain conditions. Please refer to the Company’s news release dated November 13, 2024, as filed under the Company’s SEDAR+ profile, for further details regarding the Option Agreement. The field program at the Project will involve surface prospecting activities,...

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Lumine Group Enters into an Agreement to Acquire Datafusion Systems

TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced that it has entered into an agreement to acquire Datafusion Systems (“Datafusion”). Headquartered in Dubai, UAE, and backed by over 30 years of expertise, Datafusion provides critical secure communication and intelligence solutions for telecom operators, law enforcement, and government agencies. This acquisition will enhance Lumine’s presence in the signaling and security sector, broadening the ecosystem’s product offerings and market reach. In addition, with Datafusion headquartered in Dubai, once the transaction closes, this will mark Lumine Group’s first acquisition in the UAE. “Datafusion will be a strong and exciting...

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Timbercreek Financial Declares May 2025 Dividend

TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on June 13, 2025 to holders of Common Shares of record on May 30, 2025. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the “Average...

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CETY Signs Non-Binding Offer with a European Solar and Wind Development Company

IRVINE, CA., May 23, 2025 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a turnkey energy solutions provider leveraging advanced technologies to deliver cost-effective, eco-friendly green energy solutions, clean energy fuels, and alternative electricity for a sustainable future is pleased to announce signing a Non-Binding Offer (the “NBO”) with a European Solar and Wind development company (whose identity is currently undisclosed due to confidentiality reasons). In connection with the proposed transaction contemplated by the NBO, CETY has secured an initial $4,400,000 in equity investment that is expected to form a portion of the funds that would be deployed by the Company in connection with the NBO transactions. The total deal size is estimated to be approximately $85,000,000, with...

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Trio to suspend operations at McCool Ranch

California, May 23, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, has decided to suspend operations at McCool Ranch and will terminate its efforts to acquire a working interest in the project. We have made this determination, because, under previously negotiated terms, natural gas prices and water disposal costs, particularly in California, where McCool Ranch is located, makes it cost prohibitive for the Company to employ cyclic-steam operations to increase production and will not be economically feasible in the long run. The Company has decided to focus its efforts on other sites which it believes will be more economically feasible, and hopefully generate greater profits for the Company. About Trio Petroleum Corp Trio Petroleum Corp is an oil...

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BULGOLD Announces Filing of First Quarter Financial Results For The Three Months Ended March 31, 2025

TORONTO, May 23, 2025 (GLOBE NEWSWIRE) — BULGOLD Inc. (TSXV: ZLTO) (the “Company” or “BULGOLD”) is pleased to announce that it has filed its unaudited condensed interim financial statements and MD&A for the first quarter ended March 31, 2025. For the 3 months ending March 31, 2025, the company incurred a net loss of $119,150 ($0.00 per share). On March 31, 2024, the company had cash (and cash equivalents) of $252,891. About BULGOLD Inc. BULGOLD is a gold exploration company focused on the exploration and development of mineral exploration projects in Central and Eastern Europe. The Company controls 100% of three quality quartz-adularia epithermal gold projects located in the Bulgarian and Slovak portions of the Western Tethyan Belt: the Lutila Gold Project, the Kostilkovo Gold Project and the Kutel Gold Project. Management...

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