NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX) (OTC: VTECF) (FSE: AA3) (“Vortex” or the “Company”) announces the conversion of outstanding unsecured convertible debentures of the Company (the “Debentures”) pursuant to notices of conversion received from all holders of the Debentures (the “Conversion”).
On January 28, 2025, the Company issued the Debentures for an aggregate principal amount of C$400,000. Interest accrued thereon at a rate of 10% per annum until June 3, 2025, resulting in an aggregate of C$413,916.36 (the “Principal and Interest”) payable by the Company.
To satisfy the Principal and Interest, the Company will be issuing an aggregate of 1,061,324 units of the Company (the...
BitMine Immersion Technologies, Inc. Announces $18 Million Public Offering and Uplisting to NYSE American
Written by Customer Service on . Posted in Public Companies.
LAS VEGAS, June 04, 2025 (GLOBE NEWSWIRE) — BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of bitcoin for long-term investment, whether acquired by their bitcoin mining operations or from the proceeds of capital raising transactions, today announced the pricing of an underwritten public offering of 2,250,000 shares of its common stock at a price to the public of $8.00 per share, for gross proceeds of $18 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 337,500 shares of common stock to cover over-allotments, if any. The offering is expected to close on June 6, 2025 subject to satisfaction of customary closing conditions.
The...
BWR Exploration Inc. Closes Tranche 2 of the Bridge Financing Pursuant to a Business Combination Transaction with Electro Metals and Mining Inc.
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 04, 2025 (GLOBE NEWSWIRE) — BWR Exploration Inc. (BWR.V TSX.V) (“BWR”), is pleased to announce that as per the previously announced Bridge Financing regarding a proposed business combination with Electro Metals and Mining Inc. (“Electro”), a federally registered private company, both companies have raised $240,000, surpassing the minimum aggregate amount needed as a condition of the proposed business combination as announced on December 27, 2024.
Private Placements
It was a condition of completion of the Transaction (as described herein) that each of each of BWR and Electro complete a unit financing to raise a minimum of $220,000 up to a combined $300,000 for immediate use for near term commitments and to advance the Transaction (the “Bridge Financings”). BWR and Electro have raised an aggregate of $240,000.
BWR Bridge...
Alvotech has carried out a private placement of 7,500,000 SDRs and ordinary shares at a price of SEK 100.00 per SDR and ISK 1320.83 per ordinary share, raising gross proceeds of SEK 750 million
Written by Customer Service on . Posted in Public Companies.
THIS PRESS RELEASE MAY NOT BE DISTRIBUTED, RELEASED, OR PUBLISHED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEELAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, RUSSIA, BELARUS, OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL OR DEMAND ADDITIONAL REGISTRATION OR OTHER MEASURES. PLEASE REFER TO “IMPORTANT INFORMATION” IN THE END OF THIS PRESS RELEASE.
Alvotech has carried out a private placement of 7,500,000 SDRs and ordinary shares at a price of SEK 100.00 per SDR and ISK 1320.83 per ordinary share, raising gross proceeds of SEK 750 million
REYKJAVIK, ICELAND (June 4, 2025) — Alvotech (NASDAQ: ALVO, the “Company”) has completed a private placement of the equivalent of 7,500,000 shares in Swedish Depository Receipts (“SDRs”) and...
HUTCHMED and Innovent Jointly Announce NDA Acceptance in China for Fruquintinib Combination with Sintilimab for the Treatment of Advanced Renal Cell Carcinoma
Written by Customer Service on . Posted in Public Companies.
HONG KONG and SHANGHAI and FLORHAM PARK, N.J., June 05, 2025 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:HCM; HKEX:13) and Innovent Biologics, Inc. (“Innovent”) (HKEX: 01801) today jointly announce that the New Drug Application (“NDA”) for the combination of fruquintinib and sintilimab for the treatment of patients with locally advanced or metastatic renal cell carcinoma who have failed prior treatment with one tyrosine kinase inhibitor (“TKI”) has been accepted for review by the China National Medical Products Administration (“NMPA”).
The NDA is supported by data from FRUSICA-2, a randomized, open-label, active-controlled registration study evaluating the efficacy and safety of fruquintinib in combination with sintilimab versus axitinib or everolimus monotherapy for the second-line treatment of advanced...
Mustang Energy Corp. Enters Option Agreements with Thunderbird Resources Ltd.
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE:MEC, OTC:MECPF, FRA:92T) (“Mustang” or the “Company”) is excited to announce that it has entered into two strategic option agreements with Thunderbird Resources Ltd. (“Thunderbird”) to acquire an undivided 80% interest in certain mineral tenements held by Thunderbird located in the Athabasca Basin of Northern Saskatchewan (the “Project”). The Option marks an important step for Mustang as it continues to expand and build its land package in this promising uranium district.
The Company entered into an option agreement (the “Cluff Lake Agreement”) with Thunderbird, dated June 3, 2025, to acquire an undivided 80% interest (the “Cluff Lake Option”) in certain mineral tenements held by Thunderbird in and around Cluff Lake (the “Cluff Lake Project”).
Concurrently...
Kaldvík AS: Key information regarding potential subsequent offering
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NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION, PUBLICATIONOR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Frøya, 5 June 2025: Reference is made to the stock exchange announcement by Kaldvík AS (the “Company”) earlier today regarding completion of a private placement (the “Private Placement”), where it was also stated that the board of directors will consider to carry out a subsequent offering (the “Subsequent Offering”) directed at shareholders in the Company as of close of trading on 4 June 2025, as recorded in the VPS on 6 June 2025, who (i) were not included in the...
Broadwind Announces Sale of Industrial Fabrication Operations in Manitowoc, Wisconsin
Written by Customer Service on . Posted in Public Companies.
Divestiture of the Manitowoc, WI facility optimizes asset base and improves operating leverage
Further diversifies BWEN’s business toward higher-margin precision manufacturing segments
Significantly enhances liquidity, while reducing net leverage and supporting capital deployment priorities
CICERO, Ill., June 04, 2025 (GLOBE NEWSWIRE) — Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it has entered into a definitive agreement to sell its industrial fabrication operations in Manitowoc, WI for total consideration of not less than $13 million. This transaction is expected to close during the third quarter 2025, subject to the satisfaction of customary closing conditions.
“This transaction represents a meaningful step...
Kaldvík AS – Private placement successfully completed
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
Frøya, 5 June 2025: Reference is made to the stock exchange release from Kaldvík AS (the “Company”) published on 4 June 2025 regarding a contemplated private placement to raise gross proceeds of the NOK equivalent of approximately EUR 46.2 million (the “Private Placement”) by the issuance of new shares in the Company (the “Offer Shares”). The Company hereby announces that it has raised approximately NOK 532 million, equivalent to approximately EUR 46.2 million, in gross proceeds through a private placement of 38,011,050 new shares (the “New Shares”) at...
Kelso Technologies Inc. Announces 2025 Annual General and Special Meeting Results
Written by Customer Service on . Posted in Public Companies.
WEST KELOWNA, British Columbia and BONHAM, Texas, June 04, 2025 (GLOBE NEWSWIRE) — Kelso Technologies Inc. (“Kelso” or the “Company”), (TSX: KLS) is pleased to announce the detailed voting results from the Annual General and Special Meeting of shareholders held on June 3, 2025 (the “Meeting”).
A total of 24,737,277 common shares of the 55,160,086 common shares outstanding at the record date were voted at the Meeting, representing 44.85% of the issued and outstanding common shares of the Company at the record date.
Election of DirectorsAt the Meeting, the shareholders set the number of directors to be elected at five, with 96.2% For and 3.8% Against.
Each of the following nominees set forth in the Company’s management information circular dated April 21, 2025 was elected as a director of the Company to hold office until the next...