Day: January 14, 2026
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the appointment of Frank Arcese as Project Director to Donlin Gold LLC (“Donlin Gold”), bringing more than four decades of global project leadership to Donlin Gold. This hiring further strengthens the team as we prepare to launch the work on the Bankable Feasibility Study (BFS) and progress the project toward development.
Mr. Arcese has deep experience in the execution of large-scale mining capital projects in both the U.S. and international jurisdictions. Most recently, he served as Capital Projects Business Leader for North American mining operations at WSP Global Inc., an Engineering, Procurement, and Construction Management (EPCM) firm. Prior to that, he acted as...
Genco Shipping & Trading Rejects Non-Binding Indicative Proposal from Diana Shipping Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
Board Unanimously Determined Proposal Significantly Undervalues Genco, Has Significant Execution Risk with No Committed Financing and is Not in Best Interest of Shareholders
Board Sought to Discuss Alternative Transaction Structure to Benefit Both Companies’ Shareholders
NEW YORK, Jan. 13, 2026 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today confirmed that its Board of Directors, with the recommendation of a committee of independent directors, unanimously rejected Diana Shipping Inc.’s non-binding indicative proposal to acquire all of the outstanding shares of Genco not already owned by Diana for $20.60 per share in cash, as the proposal materially undervalues Genco.
Genco issued...
VR Confirms Effective Date of Previously Announced Consolidation
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) — VR Resources Limited (“VR” or the “Company”, TSXV: VRR) announces that, in connection with its previously announced brokered private placement offering (the “Offering”) of up to 17,187,500 units (the “Units”) for aggregate gross proceeds of $2,750,000, the Company will complete its previously announced consolidation of its issued and outstanding common shares (“Common Shares”) on a basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share (the “Consolidation”), subject to approval of the TSX Venture Exchange (the “Exchange”).
The Company currently has 133,443,467 Common Shares issued and outstanding, and it is anticipated that immediately...
