MI

First Phosphate Announces Private Placement Financing

Retrieved on: 
Tuesday, August 9, 2022 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - First Phosphate Corp. ("First Phosphate" or the "Company") is pleased to announce a non-brokered private placement financing to raise up to $1,000,000 (the "Offering").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - First Phosphate Corp. ("First Phosphate" or the "Company") is pleased to announce a non-brokered private placement financing to raise up to $1,000,000 (the "Offering").
  • The Offering is anticipated to be structured as a best-efforts private placement comprised of 4,000,000 common shares in the capital of the Company ("Shares") at a price of $0.25 per Shares.
  • First Phosphate is a mineral exploration and development company fully dedicated to extracting and refining advanced phosphate material for the LFP Battery industry.
  • First Phosphate deposits consist of rare igneous rock formation that generally yields high purity phosphate concentrate with fewer deleterious trace elements.

Michigan Founders Fund reaches 50th Founder Pledge of 1% Equity back to Michigan and New Grant Support to Accelerate Entrepreneurial Programming

Retrieved on: 
Tuesday, August 9, 2022 - 1:05pm

Michigan Founders Fund (MFF), a nonprofit organization that provides startup programming and company-building support to high-growth entrepreneurs, has now reached 56 pledged members.

Key Points: 
  • Michigan Founders Fund (MFF), a nonprofit organization that provides startup programming and company-building support to high-growth entrepreneurs, has now reached 56 pledged members.
  • Pledged members are tech founders and investors who have pledged 1% of equity, carry or profit into a fund for Michigan-based grantmaking.
  • The Hum Team is beyond excited to join the Michigan Founders Fund network.
  • For more information about the unique opportunities available to entrepreneurs through the Michigan Founders Fund and how to become a member, please visit www.MichiganFoundersFund.org .

DQS' Explosive Growth Continues

Retrieved on: 
Tuesday, August 9, 2022 - 1:47pm

DEARBORN, Mich., Aug. 9, 2022 /PRNewswire/ -- Detroit Quality Staffing (DQS) continues their explosive growth.

Key Points: 
  • DEARBORN, Mich., Aug. 9, 2022 /PRNewswire/ -- Detroit Quality Staffing (DQS) continues their explosive growth.
  • 4241 Maple in Dearborn, MI is the home of the Detroit Quality Solutions group.
  • 2156 W. Jefferson in Trenton, MI is the site of the Engineering and Sales team.
  • Overall, DQS looks forward to their continued explosive growth and their continued ability to support local businesses with all of their staffing needs.

Horizon Global Announces Review of Strategic Alternatives

Retrieved on: 
Monday, August 8, 2022 - 10:45pm

Horizon Global Corporation (NYSE: HZN), one of the worlds leading manufacturers of branded towing and trailering equipment, today announced that the Companys Board of Directors has authorized the review of strategic alternatives to enhance shareholder value.

Key Points: 
  • Horizon Global Corporation (NYSE: HZN), one of the worlds leading manufacturers of branded towing and trailering equipment, today announced that the Companys Board of Directors has authorized the review of strategic alternatives to enhance shareholder value.
  • Such strategic alternatives could involve a sale of a portion or the entirety of the business.
  • We have received inbound interest in the Company and, given this level of interest, the Board has made the decision to review strategic alternatives.
  • There is no set timetable for the strategic review process and Horizon Global does not intend to provide updates unless or until the Board approves a specific action or otherwise determines that disclosure is appropriate or necessary.

Edge Autonomy Acquires Adaptive Energy, a Leader in Solid Oxide Fuel Cell Technology

Retrieved on: 
Monday, August 8, 2022 - 6:00pm

SAN LUIS OBISPO, Calif., Aug. 8, 2022 /PRNewswire/ -- Edge Autonomy, a leader in unmanned and autonomous technology, announced today that it has acquired Adaptive Energy (or "the Company"), a globally recognized designer and manufacturer of solid oxide fuel cells (SOFC) for backup, off grid and UAV power. Terms of the transaction were not disclosed.

Key Points: 
  • In addition, Adaptive Energy's lightweight, energy dense SOFC have been integrated as critical technology in Edge Autonomy's UAV platforms for more than 10 years.
  • Based in Ann Arbor, MI, Adaptive Energy's proprietary technology is based on 12 active patents that were developed by some of the world's foremost authorities in microtubular solid oxide fuel cell technology.
  • "Having used Adaptive Energy's SOFCs for years, we know first-hand the value the team will bring to Edge Autonomy and our customers," said John Purvis, CEO of Edge Autonomy.
  • Headquartered in San Luis Obispo, CA, Edge Autonomy is a leader in unmanned and autonomous technology.

Care.com Reports August is Peak Season for Finding Back-to-School Care

Retrieved on: 
Monday, August 8, 2022 - 4:30pm

August 2021 was the peak month on Care.com for the majority (65%) of families looking for back-to-school care, with August 23rd being the most popular day to post back-to-school jobs.

Key Points: 
  • August 2021 was the peak month on Care.com for the majority (65%) of families looking for back-to-school care, with August 23rd being the most popular day to post back-to-school jobs.
  • Since the school year resumes at different times in different regions of the country, key dates for back-to-school care searches varied.
  • And, despite the high cost of care, parents are willing to pay even more for additional help with schoolwork.
  • Since 2007, families have relied on Care.coms industry-leading products from child and senior care to pet care and home care.

Pilot Company Ramps Up 'New Horizons' Remodels and Debuts New Quick-Serve Deli Concept

Retrieved on: 
Monday, August 8, 2022 - 4:20pm

KNOXVILLE, Tenn., Aug. 8, 2022 /PRNewswire/ -- Pilot Company's New Horizons initiative is well underway with six more travel centers recently completing full store remodels. To commemorate the newly overhauled travel centers, Pilot Company teamed up with Monster to host a celebration with the Monster Girls and several giveaways at the site of the very first Pilot travel center in Corbin, Kentucky that originally opened in 1981. This historic travel center now features a modernized exterior and interior with remodeled restrooms and is home to another first for the company - its new Tex-Mex deli concept called Burrito Junction.

Key Points: 
  • This historic travel center now features a modernized exterior and interior with remodeled restrooms and is home to another first for the company - its new Tex-Mex deli concept called Burrito Junction.
  • "We strive to connect people and places," said Jamie King, Senior Director of Food and Beverage for Pilot Company.
  • Pilot Travel Centers LLC ("Pilot Company") keeps North America's drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers.
  • For additional information about Pilot Company, its 30,000 team members and commitment to giving back, visit www.pilotcompany.com .

Imperial Announces $45 Million Non-Brokered Private Placement of Convertible Debentures

Retrieved on: 
Saturday, August 6, 2022 - 1:03am

Due to these reasons, the Company now seeks additional funding by way of a Convertible Debenture financing.

Key Points: 
  • Due to these reasons, the Company now seeks additional funding by way of a Convertible Debenture financing.
  • The Convertible Debentures will have a 5 year term ending August 31, 2027.
  • The Convertible Debentures are not callable unless the closing price of Company's common shares exceeds 140% of the conversion price for at least 30 consecutive days.
  • N. Murray Edwards, the largest shareholder of the Company, has advised that he intends to purchase between $30 million and $35 million of the Convertible Debentures.

Aldebaran Announces Upsizing of Private Placement to $14.43 Million

Retrieved on: 
Friday, August 5, 2022 - 6:01pm

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF), is pleased to announce that its non-brokered private placement (the “Private Placement”), previously announced on July 20, 2022, has been upsized to 18,500,000 common shares (the “Common Shares”) at a price of $0.78 per Common Share for total gross proceeds of $14,430,000.

Key Points: 
  • With the upsizing of the Private Placement, South32 has agreed to increase its share purchase to 13,700,000 Common Shares at a price of $0.78 for total proceeds of $10,686,000.
  • Upon closing the Private Placement, South32 will own approximately 9.9%, Route One will own approximately 44%, and Sibanye-Stillwater will own approximately 17.6% of the Company on a non-diluted basis.
  • The Company will use the proceeds of the Private Placement to fund exploration activities at Altar.
  • The Company will not file a material change report more than twenty-one (21) days before the expected closing date of the Private Placement, as the details of the Private Placement were not finalized until August 5, 2022, and the Company wishes to close the Private Placement as soon as practicable.

Masters of Meat Smokey Bones Celebrates Grand Opening in Utica

Retrieved on: 
Thursday, August 4, 2022 - 3:00pm

UTICA, Mich., Aug. 4, 2022 /PRNewswire/ --  Smokey Bones, the Masters of Meat, is expanding its footprint in Michigan with a brand new location in Utica, MI at 45001 Schoenherr Road. The new location features Smokey Bones' famous sweeping central bar and reflects Smokey Bones' commitment as the "Masters of Meat" in the interior artwork. Guests are invited to come in and dine at the new location beginning Monday, August 8 at 6 pm.

Key Points: 
  • The new location features Smokey Bones' famous sweeping central bar and reflects Smokey Bones' commitment as the "Masters of Meat" in the interior artwork.
  • "We are thrilled to open our newest location in Utica, as we continue to expand our footprint and bring our meat mastery to more communities," said James O'Reilly , CEO of Smokey Bones.
  • The Masters of Meat Smokey Bones is a full-service restaurant delivering great barbecue, award-winning ribs, perfectly seared steaks, and memorable moments in 63 locations across 16 states.
  • For additional information and a list of locations nationwide, please visit www.SmokeyBones.com .Smokey Bones, Meat is What We Do!