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Day: June 27, 2025

Lassila & Tikanoja plc has refinanced its long-term debt financing

Lassila & Tikanoja plcStock Exchange Release 27 June 2025 at 5.50 pm Lassila & Tikanoja plc has refinanced its long-term debt financing Lassila & Tikanoja plc has today, 27 June 2025, entered into unsecured financing arrangements consisting of a EUR 35 million term loan and a EUR 15 million term loan and revolving credit facilities agreement with OP Corporate Bank Plc, as well as a EUR 40 million revolving credit facility agreement with Danske Bank A/S, Finland Branch. The financing arrangements are part of Lassila & Tikanoja plc’s refinancing of its long-term debt financing that was originally set to mature in 2026. The EUR 35 million term loan, the EUR 15 million term loan and revolving credit facilities, and the EUR 40 million revolving credit facility will mature in the second quarter of 2028, with a two-year...

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Karolinska Development’s portfolio company Modus Therapeutics carries out a fully secured rights issue of SEK 28.3 million

STOCKHOLM, SWEDEN June 27, 2025. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that its portfolio company, Modus Therapeutics carries out a fully secured rights issue of units of SEK 28.3 million. The proceeds from the rights issue are intended to finance the continued development of the drug candidate sevuparin in chronic kidney disease with anemia. On June 26 2025, the portfolio company Modus Therapeutics, listed on Nasdaq First North Growth Market, announced that the company is carrying out a fully secured rights issue of units that, upon full subscrption will provide the company with SEK 28.3 million before issue costs. The rights issue is subject to approval by an extraordinary general meeting held on July 29, 2025. The purpose of the rights issue is to provide capital for the continued clinical development of...

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Ostin Technology Group Co Ltd Issues Statement Regarding Market Activity

Nanjing, China, June 27, 2025 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (“the Company”) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, issued the following statement in response to the market activity on June 26: The Company does not have any undisclosed material matters, nor is it aware of the specific reasons for the abnormal stock price fluctuations on June 26. However, we must caution investors and all other persons to rely solely on statements and filings with the U.S. Securities and Exchange Commission issued by the Company itself or its authorized representatives. The Company does not intend to make further statements regarding this matter. About Ostin Technology Group Co., Ltd. Founded in 2010, the Company is a supplier of display modules and polarizers in China. The Company...

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Methanex Corporation Completes Acquisition of OCI Global’s Methanol Business

VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business. As part of the transaction, first announced in September 2024, Methanex has acquired an interest in i) two world-scale methanol facilities in Beaumont, Texas, which have access to robust North American natural gas feedstock and one of which also produces ammonia, ii) a low-carbon methanol production and marketing business, and iii) a currently idled methanol facility in the Netherlands. The transaction consideration consists of approximately $1.2 billion of cash, excluding adjustments to working capital and cash acquired, the issuance of approximately 9.9 million common shares of Methanex and the...

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GlassRatner Acquired by TorQuest Partners, Reestablishes Itself as an Independent Brand

Embarks on a New Chapter of Growth and Innovation Atlanta, GA, June 27, 2025 (GLOBE NEWSWIRE) — GlassRatner Advisory & Capital Group, LLC (“GlassRatner”), a leading provider of specialty professional and advisory services has reestablished itself as an independent brand following its acquisition by TorQuest Partners from B. Riley Financial, Inc. earlier today.   With a 24-year legacy of delivering high-value financial advisory solutions, GlassRatner has built a reputation for excellence in Restructuring, Turnaround Management & Bankruptcy Consulting; Forensic Accounting & Litigation Support; and Transaction Support Services—such as Due Diligence and Quality of Earnings Reviews.  In recent years the firm has successfully expanded its reach into Engineering & Construction Consulting, Risk & Resilience Consulting...

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B. Riley Farber and GlassRatner Acquired by Toronto-Based TorQuest Partners

Firm to Rebrand as GlassRatner and Positioned to Build & Grow an Independent Advisory Business in Canada Toronto, Canada, June 27, 2025 (GLOBE NEWSWIRE) — B. Riley Farber Advisory Inc. (“B. Riley Farber”) and GlassRatner Advisory & Capital Group, LLC (“GlassRatner”), leading providers of high-value financial advisory services, are pleased to announce their acquisition by Toronto-based private equity firm TorQuest Partners. The transaction marks a significant milestone for both firms as B. Riley Farber rebrands under the GlassRatner name across Canada, enhancing their collective capabilities and positioning them for accelerated growth. This acquisition includes B. Riley Farber’s entire Canadian team and operations, ensuring seamless continuity for clients while strengthening their collective capabilities in the Canadian...

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Channel Therapeutics Announces Reverse Common Stock Split in Conjunction with the Close of the Merger with Pelthos Therapeutics and Concurrent $50.1 Million Private Placement

FREEHOLD, N.J., June 27, 2025 (GLOBE NEWSWIRE) — Channel Therapeutics Corporation, (“Channel” or the “Company”), (NYSE American: CHRO), an emerging leader in the development of non-opioid pain treatment therapeutics, today announced a 10-for-one reverse split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”). The Reverse Stock Split is intended to increase the market price per share of the Company’s Common Stock and help the Company satisfy the initial listing requirements of the NYSE American (the “NYSE American”) in connection with the anticipated closing of the previously announced merger of CHRO Merger Sub, Inc., a wholly owned subsidiary of the Company, with and into LNHC, Inc. and the related approximately $50 million in capital to be raised from a group of strategic investors led by Murchinson...

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North Bay Resources Announces Physical Gold + Shares Unit Financing

BISHOP, Calif., June 27, 2025 (GLOBE NEWSWIRE) — North Bay Resources, Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce a private placement offering to residents of the United States (and globally as Canadian and non – United States Accredited Investors) who qualify as verified accredited investors pursuant to Rule 506(c) and Regulation D under the United States Securities Act of 1933. All US subscribers must complete and return the accreditation form and sufficient supporting information in order to satisfy Rule 506(c) under Regulation D. The offering is for a Unit consisting of 60% Common Shares of North Bay and 40% physical gold from production by North Bay. Each Unit will be issued at a price of $0.001 USD per Unit for gross proceeds of up to $1,000,000 USD (the “Offering”). This equates to 10,000,000 shares...

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Wesdome Gold Mines Completes Acquisition of Angus Gold

All amounts are expressed in Canadian dollars unless otherwise indicated TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) and Angus Gold Inc. (TSX-V: GUS, OTC: ANGVF) (“Angus”) are pleased to announce the successful acquisition by Wesdome of all of the issued and outstanding common shares of Angus not already owned by Wesdome pursuant to a plan of arrangement (the “Arrangement”). The Arrangement became effective as of today’s date, resulting in Angus becoming a wholly owned subsidiary of Wesdome. In accordance with the terms of the Arrangement, former Angus shareholders, excluding Wesdome, have received $0.62 in cash plus 0.0096 of a Wesdome share for each Angus common share previously held. “The acquisition of the prospective Angus property adjacent to our...

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Ascent Solar Technologies Enters into Teaming Agreement to Supply US-based Defense Solutions Provider with Thin-Film Solar Technology for Orbital Application

THORNTON, Colo., June 27, 2025 (GLOBE NEWSWIRE) — Ascent Solar Technologies (“Ascent” or the “Company”) (Nasdaq: ASTI), the leading U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today that it has entered into a Teaming Agreement to supply a US-based defense solutions provider with its cutting edge, thin-film solar technology solutions for upcoming orbital applications and future missions. “Our thin-film solar technology’s ability to reliably deliver power solutions on short timelines makes Ascent the perfect choice for agreements with defense tech brands,” said Paul Warley, Chief Executive Officer of Ascent Solar Technologies. “There are a number of hurdles slowing the deployment of reliable solar solutions in space that few are equipped to face. However,...

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