TORONTO, Dec. 24, 2024 (GLOBE NEWSWIRE) — Fredonia Mining Inc. (“Fredonia” or the “Company”) (TSXV:FRED) announces that it has filed a technical report for its wholly-owned El Dorado Monserrat (“EDM”) Gold & Silver Project, Santa Cruz province, Argentina (the “Technical Report“) pursuant to National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101“). The Technical Report supports the disclosure made by the Company in its November 11, 2024 news release announcing the Maiden Mineral Resource Estimate at El Dorado Monserrat Project, Argentina.
The Technical Report is titled “Maiden Mineral Resources Estimate on the El Dorado Monserrat Property, Gold and Silver Project Santa Cruz Province, Argentina” with an effective date of November 8, 2024, and was prepared by...
A Member of the UAE Royal Family Joins the Color Star Family
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NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) — Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla, a prominent member of the United Arab Emirates royal family, has officially joined the company as an independent director of the Company’s board of directors. This appointment not only introduces strong leadership to Color Star but also strengthens the company’s ties with the Middle East, particularly the UAE.
His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla is a distinguished figure in UAE politics, wielding considerable influence in the...
Franklin Access (Formerly Franklin Wireless) Successfully Defends Shareholder Litigation
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SAN DIEGO, Dec. 24, 2024 (GLOBE NEWSWIRE) — Franklin Access is pleased to announce a significant legal victory in its shareholder litigation, “In re Franklin Wireless Corp. Derivative Litigation”, Case No. 21-cv-1837-BEN-MSB. On December 19th, 2024, following an 8-day jury trial, the U.S. District Court for the Southern District of California determined that the actions of the Franklin Wireless officers and directors during the relevant time period resulted in only nominal damage to the company.
Plaintiffs sought in excess of $110 million in damages from the officers and directors of the company. After less than a single day of deliberation, the jury reached its verdict and awarded nominal damages of $0.99. Franklin’s officers and directors were represented by lawyers Stephen M. Lobbin, of the law firm SML Avvocati P.C., and Philip...
CorVel Announces Effectiveness of Three-For-One Forward Stock Split
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FORT WORTH, Texas, Dec. 24, 2024 (GLOBE NEWSWIRE) — CorVel Corporation (NASDAQ: CRVL) today announced the effectiveness of a three-for-one forward stock split, along with a proportionate increase in the number of authorized shares of its common stock to accommodate the stock split.
The Company filed an amendment to its Fourth Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the stock split and proportionate increase in the number of authorized shares of its common stock. The amendment will be effective on December 24, 2024.
As a result of the stock split, every one share of common stock outstanding or held in treasury on December 23, 2024, the record date for the stock split, was split into three shares of common stock. The additional shares of common stock are expected...
Thumzup to Ring the Nasdaq Opening Bell on November 22, 2024
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Thumzup opening bellThumzup Media CorporationThumzup CEO Robert Steele to be featured on Nasdaq’s Behind the Bell series for same-day interview
Company’s model compares to that of Uber’s democratization of ride-sharing
Empowering gig economy workers with disruptive technology to get paid to post on social mediaLos Angeles, CA, Dec. 24, 2024 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (Nasdaq: TZUP), a leading provider of innovative social media branding and marketing solutions that allows businesses and brands to pay customers and fans cash through Venmo and PayPal for their posts on social media, is thrilled to announce their upcoming visit to the Nasdaq MarketSite in Times Square on Friday, November 22, 2024 to ring the Opening Bell. In recognition of this milestone,...
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Amphitrite
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ATHENS, Greece, Dec. 24, 2024 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Cobelfret S.A., Luxembourg, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is US$8,750 per day for the first fifty (50) days of the charter period and US$12,100 per day for the balance period of the time charter, in each case minus a 5.00% commission paid to third parties, for a period until minimum January 1, 2026 up to maximum March 15, 2026. The new charter period is expected to commence on December 31, 2024.
The “Amphitrite” is a 98,697 dwt Post-Panamax dry bulk vessel built...
SAGA Metals Announces Closing of $700,000 Private Placement and Receives Drill Permits for Double Mer Uranium and Radar Titanium-Vanadium Maiden Drill Programs
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VANCOUVER, British Columbia, Dec. 24, 2024 (GLOBE NEWSWIRE) — SAGA Metals Corp. (the “Company” or “SAGA”) (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery in Canada, is pleased to announce it has closed its previously announced non-brokered private placement (the “Private Placement”) of standard flow-through units (the “Standard FT Units”) and Québec flow-through units of the Company (the “QFT Units” and, together with the Standard FT Units, the “FT Units”). The Company issued 975,610 Standard flow-through units at a price of $0.41 per Standard FT Unit for gross proceeds of $400,000.10 and 697,675 QFT Units at a price of $0.43 per QFT Unit for gross proceeds of $300,000.25,...
Trinity Biotech Announces Amended Credit Agreement with Perceptive to Enhance Liquidity and Drive Transformation Plan
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DUBLIN, Dec. 24, 2024 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a commercial-stage biotechnology company focused on human diagnostics and diabetes management solutions, including wearable biosensors, today announced it has entered into amended agreements with its primary lender, Perceptive Advisors. These strategic amendments provide additional liquidity, further enhancing the Company’s near-term financial position as it advances its Comprehensive Transformation Plan and continues development of its innovative continuous glucose monitoring (CGM) technology.
Under the terms of the agreements, a deferred consideration payment of $5 million related to the acquisition of the biosensor assets of Waveform Technologies has been extended to November 2025, offering the Company greater financial flexibility. In addition, further...
Vemanti Group Shifts Focus Back To FinTech, Cryptocurrencies, and Digital Assets
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IRVINE, Calif., Dec. 24, 2024 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTCQB: VMNT) today announced a significant strategic redirection towards FinTech, with a specific emphasis on cryptocurrencies and digital assets. The move reaffirms the Company’s commitment to leveraging its strengths within the rapidly evolving digital economy. The fundamental pivot follows a mutually agreed-upon rescission of the acquisition of VinHMS Pte. Ltd. (“VinHMS”), completed on December 20, 2024, enabling the Company to optimize its focus and resources back to these dynamic sectors which have been integral to its initial vision. The decision to unwind was mutual and amicable, reflecting essential business reorientations beneficial to both entities. The parties maintain a cordial relationship and...
Jet.AI Launches “Ava” Agentic AI Model for Private Jet Booking
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Text or Call “Ava” at +1-888-492-4538
LAS VEGAS, Dec. 24, 2024 (GLOBE NEWSWIRE) — Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced the launch of its cutting-edge agentic AI model, “Ava,” who books private jets.
Customers can now conveniently book private jets by calling or texting +1-888-492-4538, where the AI provides real-time aircraft availability, transparent pricing, and expert guidance to help users select the perfect jet for their journey. For those who prefer texting, Ava enables full conversational experience via SMS, responding to inquiries, sharing details, and providing a direct link to the CharterGPT app for seamless trip management. The AI ensures every customer receives a personalized and efficient experience,...