Month: September 2025

SHANGHAI, China, Sept. 05, 2025 (GLOBE NEWSWIRE) — Hesai Group (NASDAQ: HSAI) (“Hesai” or the “Company”), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced the launch of its global offering (the “Global Offering”) of 17,000,000 Class B ordinary shares of the Company, which comprises a Hong Kong public offering of initially 1,700,000 Class B ordinary shares commencing on September 8, 2025 Hong Kong time (the “Hong Kong Public Offering”) and an international offering of initially 15,300,000 Class B ordinary shares commencing today (the “International Offering”), and dual-primary listing of its Class B ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) under the stock code “2525”. The Company’s American depositary shares...

VANCOUVER, British Columbia, Sept. 05, 2025 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) announces that further to the press release dated August 22, 2025, the holders (the “Holders“) of convertible debentures in the principal amount of $710,000 (the “Debentures“) have entered into amending agreements to amend the terms of the Debentures of the company issued on September 7, 2022. The Debentures will now mature on September 7, 2026 (the “New Maturity Date“). The interest rate on the Debentures will remain unchanged. Additionally, the repayment of the Debentures will now be made on a quarterly basis beginning on December 7, 2025, such that the Debentures shall be fully repaid by the New Maturity...

TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (OTCQB: RVVTF) (CSE: RVV) (FRANKFURT: 31R), a specialty life sciences company dedicated to developing innovative therapeutics for critical medical needs, announces that it is extending is previously announced private placement offering of up to 30,952,381 units, at a price of $0.021 per unit, for gross proceeds to Revive of up to $650,000. Revive closed a first tranche of the private placement in early August 2025 (see press release of August 11, 2025) by issuing 2,900,000 units of the Company, at a price of $0.021 per unit, for total gross proceeds to Revive of $60,900. Accordingly, the Company may close an additional $589,000 worth of units pursuant to the private placement. Each unit will consist of one common share of the Company...

TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) — Altai Resources Inc. (TSXV: ATI) (“Altai” or the “Company”) announced today that in connection with the Company’s claim filed in the Superior Court of Quebec (the “Court”) in 2022 (the “Claim”) against the Ministry of Energy and Natural Resources (Quebec), the Government of Quebec, as represented by the Attorney General of Quebec, and the Attorney General of Quebec (collectively, the “Defendants”), seeking compensatory damages from the Defendants for the expropriation in 2022 of the Company’s oil and gas exploration assets in Quebec (the “Expropriation”), the Company’s legal counsel has voluntarily ceased to represent the Company in regard to the Claim and the Company has declined to appoint a new legal counsel, in view of the crippling financial burden of this litigation. Although the...

TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) — NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) announces that it has amended certain terms of its Omnibus Equity Incentive Plan (the “Plan“). The Plan was approved by shareholders at the Company’s last Annual General Meeting held on June 26, 2025 and by the TSX Venture Exchange (the “Exchange”) on July 3, 2025. The Plan was amended to clarify that, consistent with the Company’s historical practice, a holder of restricted share units (“RSUs”) has the right to defer settlement of vested RSUs, provided that such deferred settlement occurs not later than three years following the year in which the related services were rendered (the “Amendments”). In accordance with Section 10.6(c) of the Plan, the Amendments were approved by the board of directors...

SAN ANTONIO, Sept. 05, 2025 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a global provider of hybrid cloud and AI solutions, today announced that on September 4, 2025, the Company granted inducement equity awards to Gajen Kandiah in connection with his appointment as the Company’s new Chief Executive Officer. Mr. Kandiah received 4,000,000 restricted stock units (RSUs) and non-qualified stock options to purchase 6,000,000 shares of the Company’s common stock. The stock options have an exercise price of $1.30 per share, which is equal to the closing price of the Company’s common stock on the grant date, and a maximum ten-year term. The RSUs and stock options vest in equal annual installments on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah’s continued employment through the respective...

TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today announced changes to the Company’s Board of Directors (“Board”) following the retirement of John Brace, and the appointment of Sébastien Clerc, effective September 5, 2025. Mr. Brace formally stepped down as Chair of the Board at Northland’s most recent Annual General Meeting. Since then, he has continued to serve as a Director to support a smooth leadership transition to incoming Chair, Ian Pearce. “On behalf of the Board, I want to extend our deepest thanks to John for his 37 years of exceptional service to Northland both as an executive leader and as a valued member of the Board,” said Ian Peace, Chair of the Northland’s Board of Directors. “John’s vision, integrity and unwavering dedication have been instrumental...

Warrants Expired and Ceased Trading on Friday, August 29, 2025 Approximately 26.5 Million Warrants Exercised for Approximately $232.1 Million Gross Proceeds FREMONT, Calif., Sept. 05, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced the successful completion of its warrant dividend program. As of the expiration deadline on August 29, 2025, all outstanding warrants have either been exercised or expired, formally concluding the transaction. Preliminary Key Results (subject to final adjustments for final reconciliation of warrant exercises):Approximately 26.5 million common shares issued upon the exercise of the same number of warrants Approximately $232.1 million in gross proceeds generated for Enovix for warrant exercises Warrant...

MOCKSVILLE, N.C., Sept. 05, 2025 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), the only tobacco products company that has for 27 years led and continues to lead the fight against the harms of smoking driven by nicotine addiction, today announced that Larry Firestone, Chief Executive Officer, and Dan Otto, Chief Financial Officer, will host investor meetings on Tuesday, September 9, 2025 as part of the HC Wainwright Conference taking place at the Lotte New York Palace Hotel. Investors can register and request meetings via their HC Wainwright representative or 22nd Century Investor Relations at mkreps@xxiicentury.com. About 22nd Century Group, Inc. 22nd Century Group is pioneering the nicotine harm reduction movement in the tobacco industry enabling smokers to take control of their nicotine consumption. We created our...