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Month: June 2025

Cal Redwood Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Rights, Commencing on June 23, 2025

Menlo Park, CA, June 16, 2025 (GLOBE NEWSWIRE) — Cal Redwood Acquisition Corp. (Nasdaq: CRAQU) (the “Company”) today announced that, commencing on June 23, 2025, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares (the “Ordinary Shares”) and rights (the “Rights”) included in the Units. The Ordinary Shares and Rights received from the separated Units will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “CRA” and “CRAQR”, respectively. Units that are not separated will continue to trade on Nasdaq under the symbol “CRAQU”. Holders of Units will need to have their brokers contact Lucky Lucko, Inc. d/b/a Efficiency, the Company’s transfer agent, in order to separate the Units into Ordinary Shares and Rights. The Company...

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Carlton Precious Announces Additional Tranche of Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Carlton Precious Inc. (TSX-V: CPI | OTCQB: NBRFF) (“Carlton” or the “Company“) announces that, further to its press releases of May 12, 2025, May 23, 2025, June 9, 2025 and June 12, 2025, it has closed an additional and final tranche of the non-brokered private placement through the issuance of 126,389 units (each, a “Unit“) in the capital of the Company at a price of $0.09 per Unit for gross proceeds of $11,375. This final tranche increases the total Private Placement to 18,303,277 Units for total aggregate proceeds of $1,647,295 (the “Private Placement“). Each Unit was comprised of one common share (each, a “Common Share“) in capital...

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South Star Battery Metals Announces Selection by BNDES and FINEP for Strategic Minerals Funding Program, Maiden Shipment of Flake Graphite from the Santa Cruz Mine and Operational Update

Highlights:South Star’s flagship graphite mine Santa Cruz was selected by Brazilian National Development Bank (“BNDES”) and Brazil’s Innovation Agency (“FINEP”) as part of the Transformation of Strategic Minerals initiative. The BNDES and FINEP partnership aims to promote investments to increase production, research and development as well as innovation in the processing of strategic minerals, such as graphite. The first shipment of natural flake graphite concentrates from the Santa Cruz Graphite Mine in Bahia, Brazil was shipped on June 5, 2025 to a North American client. The next orders are being prepared. Santa Cruz Phase 1 Operational Update.VANCOUVER, British Columbia, June 16, 2025 (GLOBE NEWSWIRE) — South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is pleased to announce that...

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Graphjet Technology Discloses Stay of Suspension and Nasdaq Hearing Date

Innovative technological leader to oversee all technical, operational, customer support and business development initiatives KUALA LUMPUR, Malaysia, June 16, 2025 (GLOBE NEWSWIRE) — Graphjet Technology (“Graphjet” or “the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced that the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) on June 12, 2025 that notified the Company that Nasdaq’s previously disclosed determination to suspend the trading of the Company’s Class A Ordinary Shares (the “Common Stock”) has been stayed, pending a final written decision by the Nasdaq Hearing Panel (the “Panel”). The hearing (the “Hearing”) before the Panel will be held on July 17, 2025, meaning...

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Sizzle Acquisition Corp. II Completes $230,000,000 Initial Public Offering

NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) — Sizzle Acquisition Corp. II (the “Company”) announced today the completion of its initial public offering of 23,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $230,000,000.Sizzle The units began trading on the Nasdaq Global Market on April 2, 2025, under the ticker symbol “SZZLU.” Each unit consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination. The common stock and Share Rights are expected to trade separately under the symbols “SZZL” and “SZZLR” once eligible. Sizzle Acquisition Corp. II is a blank check company formed for the purpose of effecting a business combination with one or more businesses across sectors including hospitality, restaurant,...

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More strong drilling results to feed into coming resource update

Chibougamau Copper-Gold Project, Canada Results such as 4.4% CuEq over 9.1m at the Project’s flagship Corner Bay deposit; These follow the recent high-grade results at the nearby Golden Eye prospect HIGHLIGHTS:Latest infill results from Corner Bay demonstrate continuous high-grade mineralisation:9.1m @ 4.4% CuEq (4.1% Cu, 0.3g/t Au & 14.4g/t Ag) (CB-25-118)Including 3.4m @ 7.6% CuEq (7.0% Cu, 0.4g/t Au & 24.9g/t Ag)5.8m @ 5.3% CuEq (4.4% Cu, 0.8g/t Au & 28.1g/t Ag) (CB-25-122) 2.8m @ 5.0% CuEq (4.6% Cu, 0.4g/t Au & 14.6g/t Ag) (CB-25-119) 2.8m @ 4.1% CuEq (3.8% Cu, 0.2g/t Au & 16.3g/t Ag) (CB-25-120)These results highlight the strong potential to grow the Indicated Resource as part of the upcoming Mineral Resource update on the Chibougamau Project (the “Project”), which is scheduled for completion...

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PolyPid Secures $26.7 Million Through Warrant Exercise Following Successful SHIELD II Phase 3 Trial Results

The Company Anticipates that with this Additional Funding, PolyPid’s Runway would be Extended beyond Anticipated U.S. Food and Drug Administration (“FDA”) Approval of D-PLEX₁₀₀. The Company Recently Announced Successful Topline Results from its Phase 3 SHIELD II Trial; D-PLEX₁₀₀ Demonstrated a Statistically Significant Reduction in Surgical Site Infections (“SSIs”) and Successfully Met the Study’s Primary Endpoint and all Key Secondary Endpoints.PETACH TIKVA, Israel, June 17, 2025 (GLOBE NEWSWIRE) — PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a late-stage biopharma company aiming to improve surgical outcomes, today announced that following its recently announced successful SHIELD II phase 3 topline results, it has secured additional funding through the exercise of warrants with aggregate gross proceeds of $26.7...

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Aura Minerals Inc. Announces Results of 2025 Annual General Meeting of Shareholders

ROAD TOWN, British Virgin Islands, June 16, 2025 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA)(B3: AURA33)(OTCQX: ORAAF) (“Aura” or the “Company”), announces the voting results from its Annual General Meeting of Shareholders that was held on June 16, 2025, via live webcast. Votes at the Meeting For additional details on these matters, please see the management information circular of the Company dated May 7, 2025, available under the Company’s SEDAR+ profile at www.sedarplus.ca (the “Management Information Circular”). 1. Election of Directors. Voting results for the election of Directors are as follows:Nominee Outcome For % For Withheld % WithheldPaulo de Brito Carried 49,701,599 99.943% 28,361 0.057%Paulo de Brito Filho Carried 46,627,175 93.761% 3,102,785 6.239%Stephen Keith Carried 49,703,341 99.946% 26,619 0.054%Pedro...

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Enzo Biochem Reports Third Quarter Fiscal Year 2025 Results

FARMINGDALE, N.Y., June 16, 2025 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (OTCQX: ENZB) (“Enzo” or the “Company”) today announced financial results for the fiscal third quarter ended April 30, 2025. Financial HighlightsThe Company’s third-quarter revenue of $6.4 million declined by $1.6 million or 20% compared to the same period in the prior year across all geographic areas. This is due to general continued headwinds in the life sciences tools space, including decreases in government grants, reduced R&D budgets, and tariffs uncertainty, as well as timing of large orders fulfillment. The Company launched approximately 100 new products during the third-quarter of fiscal year 2025, and we are focusing on driving new revenues for those products. The Company’s third-quarter gross margin percentage was 39% (41% excluding a one-time...

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VitalHub Files Preliminary Base Shelf Prospectus

TORONTO, June 16, 2025 (GLOBE NEWSWIRE) — Vitalhub Corp. (TSX: VHI) (OTCQX: VHIBF) (the “Company” or “VitalHub”) announces that today it has filed and obtained a receipt for a preliminary short form base shelf prospectus with the securities regulatory authorities in the provinces of Alberta, British Columbia, and Ontario. The base shelf prospectus has not yet become final for the purpose of the sale of any securities. When made final and effective, the base shelf prospectus will allow the Company to qualify the distribution of up to $250 million of common shares, debt securities, warrants, subscription receipts, units, or any combination thereof, during the 25‐month period that the base shelf prospectus is effective. The specific terms of any offering under the base shelf prospectus will be established in a prospectus supplement,...

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