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Magnetic North Acquisition Corp. Announces an Initial Closing of the Non-Brokered Private Placement
GlobeNewswire· 2025-05-16 21:09
Group 1 - Magnetic North Acquisition Corp. has completed an initial closing of its non-brokered private placement, raising CAD$200,000 [1] - The offering consists of unsecured, interest-bearing promissory notes with a total gross proceeds target of up to CAD$500,000, offering an interest rate of 10% [2] - The term of the offering is set for 60 days from the closing date of each tranche, with each promissory note having a face value of CAD$10,000 [2] Group 2 - The company aims to utilize the net proceeds from the offering for general corporate purposes [2] - Magnetic North focuses on investing and managing businesses, emphasizing that capital alone does not guarantee success [3] - The company has been recognized as a "2021 TSX Venture 50" recipient, indicating its strong performance within the TSX Venture Exchange [3]
Birchcliff Energy Ltd. Announces Voting Results from 2025 Annual Meeting of Shareholders
GlobeNewswire· 2025-05-16 21:08
Core Points - Birchcliff Energy Ltd. held its Annual Meeting of Shareholders on May 15, 2025, where all six proposed director nominees were elected and all other matters were approved [1][2]. Voting Results - The resolution to fix the number of directors to be elected at six passed with 135,193,576 votes for (99.32%) and 931,402 votes against (0.68%) [3]. - The election results for the director nominees are as follows: - Dennis Dawson: Elected with 93,944,910 votes for (70.49%) and 39,329,818 votes against (29.51%) [3]. - Debra Gerlach: Elected with 131,655,475 votes for (98.79%) and 1,619,253 votes against (1.21%) [3]. - Stacey McDonald: Elected with 129,029,644 votes for (96.81%) and 4,245,084 votes against (3.19%) [3]. - Cameron Proctor: Elected with 131,458,289 votes for (98.64%) and 1,816,439 votes against (1.36%) [3]. - James Surbey: Elected with 132,282,767 votes for (99.26%) and 991,961 votes against (0.74%) [3]. - A. Jeffery Tonken: Elected with 129,135,476 votes for (96.89%) and 4,139,252 votes against (3.11%) [3]. - The appointment of KPMG LLP as auditors was approved with 134,726,653 votes for (98.97%) and 1,398,325 votes against (1.03%) [3]. Company Overview - Birchcliff Energy Ltd. is an intermediate oil and natural gas company based in Calgary, Alberta, focusing on the exploration and development of the Montney/Doig Resource Play in Alberta [4].
Perpetua Resources Reports Results of 2025 Annual Meeting
Prnewswire· 2025-05-16 21:02
Core Points - Perpetua Resources Corp. held its annual general meeting on May 15, 2025, with 48,388,748 common shares represented, accounting for 67.90% of the votes attached to all outstanding shares [1][2] - All director nominees were elected with significant support, with the highest percentage of votes for Jonathan Cherry at 99.85% [2] - PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 99.76% voting in favor [3] Company Overview - Perpetua Resources focuses on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of Idaho, specifically through the Stibnite Gold Project [4] - The Stibnite Gold Project is noted as one of the highest-grade open-pit gold deposits in the U.S. and aims to restore an abandoned mine site while producing gold and antimony, the latter being crucial for U.S. defense needs [4] - The project is set to be powered by one of the lowest carbon emissions grids in the nation and has received $59.2 million in DPA funding to advance construction readiness and permitting [4]
Aventis Energy Inc. Announces Marketing Program
GlobeNewswire· 2025-05-16 21:00
Core Insights - Aventis Energy has entered into a marketing services agreement with RMK Marketing Inc. for a term of 6 months starting May 21, 2025 [1][3] - The total compensation for RMK will be $250,000, with an option to increase the advertising budget up to $500,000 during the term [3] Company Overview - Aventis Energy Inc. is a mineral exploration company focused on developing strategic projects involving battery, base, and precious metals in stable jurisdictions [4] - The company is advancing its Corvo Uranium & Sting Copper Project, which covers approximately 12,700 hectares and includes multiple documented mineral occurrences [5]
LOBO Announces Receipt of Nasdaq Minimum Bid Price Notification
GlobeNewswire· 2025-05-16 21:00
Core Viewpoint - LOBO EV Technologies Ltd. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its ordinary shares have been below $1.00 for 33 consecutive business days [1][2]. Compliance Status - The company has a 180-calendar-day compliance period until November 10, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days [3]. - If compliance is not achieved by the end of this period, the company may be eligible for an additional 180-calendar-day extension, provided it meets other continued listing standards [4]. Company Actions - The company intends to monitor the closing bid price of its ordinary shares and will explore all available options to regain compliance within the applicable grace periods [5]. Company Overview - LOBO EV Technologies Ltd. is engaged in the design, development, manufacturing, and sale of e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles, and is also expanding into medical technology manufacturing [6].
Rivalry Provides Update on Management Cease Trade Order
GlobeNewswire· 2025-05-16 21:00
TORONTO, May 16, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), is providing this bi-weekly update on the status of a management cease trade order granted on May 1, 2025 (the "MCTO") by its principal regulator, the Ontario Securities Commission (the "OSC"), under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"). On May 2, 2025, the Company announced that there would be a delay in the filing of its annual financial statements, m ...
HPQ Silicon Reinstated for Trading
GlobeNewswire· 2025-05-16 20:56
MONTREAL, May 16, 2025 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company developing next-generation processes for advanced material manufacturing, announces that on May 15, 2025, the TSX Venture Exchange issued Bulletin V2025-1424, confirming that trading in the Company’s securities will be reinstated at market open on Tuesday, May 20, 2025. Timeline of the events. On April 30th, 2025, HPQ issued a press release stating that its new audi ...
Nuvectis Pharma to Present at the H.C. Wainwright BioConnect Investor Conference
GlobeNewswire· 2025-05-16 20:35
Fort Lee, NJ, May 16, 2025 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT) ("Nuvectis" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today announced that Ron Bentsur, Chairman and Chief Executive Officer, will present at the 3rd Annual H.C. Wainwright Global BioConnect Investor Conference. Event3rd Annual H.C. Wainwright BioConnect Investor Conferen ...
Willis Lease Finance Corporation Appoints Z. Clifton Dameron as General Counsel
GlobeNewswire· 2025-05-16 20:31
COCONUT CREEK, Fla., May 16, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, is pleased to announce the internal appointment of Z. Clifton (“Clif”) Dameron to the role of Senior Vice President, General Counsel and Corporate Secretary, effective immediately. Clif will report directly to Chief Executive Officer, Austin C. Willis, and will be responsible for overseeing ...
Bunker Hill Announces Updates to Equity Financings and Major Capital Restructuring
GlobeNewswire· 2025-05-16 20:30
KELLOGG, Idaho and VANCOUVER, British Columbia, May 16, 2025 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V: BNKR |OTCQB: BHLL) is pleased to announce total funding of US$10.3 million, including a cash order book for its previously announced brokered private placement that has reached a gross amount of approximately US$6.5 million, and additional debt settlement and equity payments totaling US$3.8 million. In addition, the Company announces certain updates to the overal ...