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Newsfile News Releases

Apr 03, 2024 22:00 ET
Bluesky Digital Assets Corp., Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Bluesky Digital Assets Corp., (CSE: BTC), (OTCQB: BTCWF), ("Bluesky" or the "Corporation") announced today that it had entered into an agreement where the Corporation will pay back the $100,000 CAD loan that was advanced to the Corporation via the $300,000 CAD credit facility agreement the Corporation announced it had entered into, via press release, back on February 22, 2024. The Corporation will settle the outstanding loan amount via the issuance of 3,333,333 Common Shares at a price of $0.03 CAD per Common Share. The Corporation also announced today that it will also settle an aggregate of $50,000 CAD of secured debt owed to a creditor via the issuance of an aggregate 1,666,667 Common Shares at a price of $0.03 CAD per Common Share. The debt settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. The issuance of the 5,000,000 Common Shares will not result in a change of control of the Corporation.
Apr 03, 2024 20:39 ET
Neotech Metals Corp. Announces Filing of Updated and Amended NI 43-101 Technical Report for TREO Rare Earth Property
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or the "Company") is pleased to announce that it has filed an updated and amended National Instrument 43-101 ("NI 43-101") technical report ("Technical Report") for the TREO Rare Earth Property ("TREO" or "TREO Property") located near Prince George, British Columbia.
Apr 03, 2024 20:37 ET
Flora Growth Corp. Announces Launch of Proposed Underwritten Public Offering of Common Shares
Fort Lauderdale, Florida--(Newsfile Corp. - April 3, 2024) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company"), a cannabis focused consumer-packaged goods leader and pharmaceutical distributor serving all 50 states and 28 countries with 20,000+ points of distribution around the world, today announced that it has commenced a public offering to offer and sell Common Shares. The Company intends to use the net proceeds from this offering for general corporate and working capital needs.
Apr 03, 2024 19:43 ET
Olympia Financial Group Inc. Announces April Dividend
Calgary, Alberta--(Newsfile Corp. - April 3, 2024) - Olympia Financial Group Inc. (TSX: OLY) announces that its Board of Directors has declared a monthly cash dividend on its common shares of $0.60 per common share. The dividend will be payable on April 30, 2024, to shareholders on record as at April 19, 2024. The ex-dividend date is April 18, 2024.
Apr 03, 2024 19:00 ET
American Pacific Announces Further Upsize of Fully Subscribed Non-Brokered Private Placement to $4.5M
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC) ("American Pacific" or the "Company") is pleased to announce that, due to overwhelming investor demand, it has increased the size of its previously announced non-brokered private placement (the "Offering") (see news releases dated April 2, 2024 and April 3, 2024) an additional 2,500,000 units at a price of $0.20 per unit (the "Unit") for gross proceeds $4,500,000. The private placement is fully subscribed.
Apr 03, 2024 18:54 ET
Astra Exploration Closes Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Astra Exploration Inc. (TSXV: ASTR) (OTCQB: ATEPF) (FSE: S3I) ("Astra Exploration" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing (the "Offering") for gross proceeds of CAD $403,659.
Apr 03, 2024 17:31 ET
KWESST Micro Systems Inc. Announces Proposed United States Public Offering
Ottawa, Ontario--(Newsfile Corp. - April 3, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (NASDAQ: KWE.WT.U) ("KWESST" or the "Company") today announced that it intends to offer to sell common shares (and/or pre-funded warrants ("Pre-funded Warrants") in lieu thereof) in an underwritten United States public offering. All of the common shares (and/or Pre-funded Warrants) are to be sold by the Company.
Apr 03, 2024 17:19 ET
Vital Energy Announces New Lender Under Existing Credit Facility
Calgary, Alberta--(Newsfile Corp. - April 3, 2024) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that, further to its December 5, 2023 news release, its existing $10 million credit facility (the "Credit Facility") has been assigned from the existing lender, a company controlled by Mr. Hai Zhou (a director and control person of the Corporation), to an arm's length third party lender. ‎The terms of the Credit Facility remain unchanged, such that the Credit Facility matures on December 4, 2024 and ‎funds advanced bear interest at a rate of 12% per annum, payable on the maturity date. ‎
Apr 03, 2024 17:15 ET
Cybeats Announces Extension of Warrant Expiry
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") is pleased to announce it has extended the expiry date of an aggregate of 32,591,800 previously issued common share purchase warrants (the "Warrants").
Apr 03, 2024 17:07 ET
Lycos Energy Inc. Announces Operations Update Highlighted by Wine Rack Drilling Outperformance and Updated 2024 Guidance
Calgary, Alberta--(Newsfile Corp. - April 3, 2024) - Lycos Energy Inc. (TSXV: LCX) ("Lycos" or the "Company") is pleased to provide an operations update, preliminary first quarter production results and an increase to guidance.
Apr 03, 2024 17:00 ET
Andrew Thomson Early Warning Press Release
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising that between March 13 and March 27, 2024 he purchased an aggregate of 77,000 common shares of Palamina Corp. (the "Company") at a price between $0.10 and $0.135 per share.
Apr 03, 2024 17:00 ET
Quebec Rare Earth Elements Announces Appointment of Sylvain Duchesne as Vice President, Process and Engineering
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Quebec Rare Earth Elements Corp. (CSE: QREE) (formerly, Metallica Metals Corp.) (the "Company") is pleased to announce Sylvain Duchesne has joined the Company as Vice President, Process and Engineering. Sylvain is a 30+ year mining engineer with an established track record in engineering, metallurgy, processing and mine building. He is a relied upon team member for complex technical processing and metallurgical issues. Over his career Sylvain had led and co-led multiple projects that work in the real world, on-time and on-budget. He holds a B.Sc. in Mining Engineering with a focus on mineral processing and is a member of the Quebec order of engineers.
Apr 03, 2024 16:30 ET
NewOrigin Announces Extension of Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - NewOrigin Gold Corp. (TSXV: NEWO) ("NewOrigin" or the "Company") announces that the TSX Venture Exchange ("TSX-V") has agreed to extend the closing of its non-brokered private placement financing (the "Offering"), first announced on January 17, 2024 and previously extended on March 1, 2024, to on or before May 3, 2024. The Offering shall be composed of the sale of up to 15,000,000 flow-through units (the "FT Units") at a price of $0.06 per FT Unit, for total gross proceeds to the Company of up to $900,000 and 10,000,000 common share units (the "Common Share Units") at a price of $0.04 per Common Share Unit, for total gross proceeds of up to $400,000. All terms of the Offering other than the extension of the closing date as described herein remain unchanged.
Apr 03, 2024 16:05 ET
Alma Gold Closes Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Alma Gold Inc. (CSE: ALMA) ("Alma Gold" or the "Company") announces that it has closed the previously announced debt settlement agreements (the "Settlement Agreements") to settle outstanding debts owed to creditors totaling $404,997.17 which includes outstanding fees owed to management and contractors working for Alma Gold (the "Debt Settlement"). Pursuant to the Settlement Agreements, the Company has issued an aggregate of 4,049,971 Common shares at a deemed price of $0.10 per Common share.
Apr 03, 2024 15:49 ET
SEC Charges Advisory Firm Senvest Management with Recordkeeping and Other Failures
Washington, D.C.--(Newsfile Corp. - April 3, 2024) - The Securities and Exchange Commission today announced charges against registered investment adviser Senvest Management LLC for widespread and longstanding failures to maintain and preserve certain electronic communications. The SEC also charged Senvest with failing to enforce its code of ethics. To settle this matter, Senvest admitted the facts set forth in the Commission’s order, acknowledged that its conduct violated the federal securities laws, and agreed to pay a $6.5 million penalty and to implement improvements to its compliance policies and procedures.According to the Commission’s order, from at least January 2019 through December 2021, Senvest employees at various levels of authority communicated about company business internally and externally using personal texting platforms and other non-Senvest messaging applications in violation of the firm’s policies and procedures. Senvest also failed to maintain or preserve the off-channel communications as required under the federal securities laws and the firm's policies and procedures. In one instance, three senior employees engaged in off-channel communications on personal devices that were set to automatically delete messages after 30 days. Additionally, the order finds that certain Senvest employees failed to adhere to provisions of the firm’s code of ethics requiring them to obtain pre-clearance for all securities transactions in their personal accounts.“The Commission continues to focus on regulated entities’ compliance with the recordkeeping requirements. Adherence to these requirements is essential for the Commission to effectively exercise its regulatory oversight and enforce the federal securities laws,” said Eric Werner, Director of the Fort Worth Regional Office.The order finds that Senvest violated certain recordkeeping and ethics provisions of the Investment Advisers Act of 1940 and failed to reasonably supervise with a view to preventing and detecting violations. In addition to the $6.5 million penalty, Senvest was censured and ordered to cease and desist from future violations of the relevant provisions of the federal securities laws. The firm also agreed to retain a compliance consultant to, among other things, conduct comprehensive reviews of its policies and procedures relating to the retention of electronic communications found on personal devices and the framework for addressing non-compliance by its employees with those policies and procedures.The SEC’s investigation was conducted by Tom Keltner, Jaime Marinaro, and Jeaneen Kappell of the Fort Worth Regional Office and was supervised by Timothy McCole, B. David Fraser, and Mr. Werner.###
Apr 03, 2024 15:04 ET
Couloir Capital Is Pleased to Announce It Has Initiated Research Coverage on Fathom Nickel
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Couloir Capital is pleased to announce it has updated its research coverage Fathom Nickel Inc. (CSE: FNI) (OTCQB: FNICF) (FSE: 6Q5) ("FNI", or "Company"). The new report is titled, "Exploring for Nickel on two properties in Saskatchewan, a top mining jurisdiction in Canada."
Apr 03, 2024 13:44 ET
Couloir Capital has Updated its Research Coverage on China Gold
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Couloir Capital has updated its research coverage China Gold International Resources Corp. Ltd. (TSX: CGG) (HKG: 2099) - The new report is titled, "Jiama Mine Closure Impacts Q4 and FY 2023 Earnings; Downgrade to HOLD."
Apr 03, 2024 13:37 ET
American Life, Inc. Reaches a Monumental Milestone with over 8,000+ Visa Application Sponsorships
American Life, Inc. is a premier EB5 capital funding company helping eligible immigrant investors obtain a lawful permanent residence in the US. The company recently passed a significant milestone by sponsoring more than 8,000+ visa applications.
Apr 03, 2024 13:07 ET
B9 Launches Cutting-Edge Face Recognition Technology
Miami, Florida--(Newsfile Corp. - April 3, 2024) - B9, a leading fintech innovator, proudly announces the launch of its latest advancement in security measures: a state-of-the-art face recognition AI algorithm that detects, recognizes, and analyzes human faces in images. Mikhail Matveev, Chief Data Officer at B9, lauds this advancement as a significant step forward in enhancing security and operational efficiency within the fintech industry.
Apr 03, 2024 13:02 ET
Pantera Silver Closes Amending Agreement
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Pantera Silver Corp. (TSXV: PNTR) ("Pantera" or the "Company") announces that further to its news release dated November 3rd, 2023, the TSX Venture Exchange has accepted and approved the amendment agreement dated October 30th, 2023 (the "Amendment Agreement") to the Nuevo Taxco option agreement originally dated November 12th, 2020 (the "Option Agreement") with respect to its right to acquire 100% ownership of concessions covering ~1,100 hectares at the Nuevo Taxco Silver Project ("Nuevo Taxco" or the "Nuevo Taxco Project"), located northwest of Taxco, Guerrero, Mexico.