Agreement

GEMXX Corporation (OTC: GEMZ) Signs Binding Letter of Intent to Acquire 50% Interest in Proven Yukon Gold Project with an Estimated 4 Million Ounces of Gold

Retrieved on: 
Tuesday, September 26, 2023

The Resource Report confirms that the Property holds 2,210,660 ounces of Proven gold resources.

Key Points: 
  • The Resource Report confirms that the Property holds 2,210,660 ounces of Proven gold resources.
  • In addition, the Probable and Possible values indicated in the reports suggest the Yukon Gold Project could yield a total of 4 million ounces of gold.
  • A $50,000 nonrefundable cash deposit will be paid from GEMXX to The Yukon Gold Project for access to geological and engineer reports, other intellectual property, and company information to confirm GEMXX’s interest in The Yukon Gold Project.
  • Richard Clowater, president of GEMXX Corp., is also a control person and owns 50% of issued shares in the Yukon Gold Project.

Ault Alliance Agrees to Acquire Majority Stake in Eco Pack Technologies LTD

Retrieved on: 
Tuesday, September 26, 2023

Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”) announced today that its wholly owned subsidiary, Eco Pack Technologies, Inc., has entered into an agreement (the “Agreement”) to acquire an 80% ownership stake in Eco Pack Technologies LTD (“Eco Pack”).

Key Points: 
  • Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”) announced today that its wholly owned subsidiary, Eco Pack Technologies, Inc., has entered into an agreement (the “Agreement”) to acquire an 80% ownership stake in Eco Pack Technologies LTD (“Eco Pack”).
  • Catering to fast-moving consumer goods manufacturers, Eco Pack employs Siemens Digital technology to address modern-day packaging challenges.
  • Using the latest digital technology enabling data driven analysis and decision making, Eco Pack develops packaging that marries sustainability with reduced environmental repercussions.
  • Milton “Todd” Ault, III, Executive Chairman of Ault Alliance, remarked, “Incorporating Eco Pack into our portfolio is a strategic move given our belief that Eco Pack’s cutting-edge solutions address the pressing need for greener consumer goods production.

NorthWest Copper Announces Property Sale Agreement

Retrieved on: 
Monday, September 25, 2023

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has entered into a property sale agreement (the “Agreement”) with Alpha Copper Corp. (“Alpha”) (CSE:ALCU) whereby Alpha will acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the “Okeover Copper (molybdenum) Project” (the “Property”), subject to 2% net smelter return to be retained by the Company (the “NSR Royalty”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- NorthWest Copper (“NorthWest” or “the Company”) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has entered into a property sale agreement (the “Agreement”) with Alpha Copper Corp. (“Alpha”) (CSE:ALCU) whereby Alpha will acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the “Okeover Copper (molybdenum) Project” (the “Property”), subject to 2% net smelter return to be retained by the Company (the “NSR Royalty”).
  • Pursuant to the Agreement, Alpha has agreed to issue to NorthWest common shares of Alpha (the “Shares”) having an aggregate value of $500,000 at a deemed price per Share, to be calculated on the closing date in accordance with the terms of the Agreement.
  • The Property is located near Powell River on the southern British Columbia coast.
  • It consists of 12 contiguous claims totaling 4,614 hectares and is beneficially owned 100% by NorthWest, subject to the Agreement.

Alpha Copper Announces Definitive Agreement to Acquire Okeover Project

Retrieved on: 
Monday, September 25, 2023

VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha Copper” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Northwest Copper Corp. (the “Seller”), pursuant to which it proposes to acquire a 100% undivided legal and beneficial interest in the Okeover Copper (molybdenum) Project (the “Okeover Project”), which encompasses twelve (12) mineral claims comprising approximately 4,613 hectares located in the Province of British Columbia (the “Acquisition”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Alpha Copper Corp. (CSE: ALCU) (OTC: ALCUF) (FWB: PP0) (“Alpha Copper” or the “Company”), a resource sector enterprise founded to create value through mineral exploration, technical development, and asset acquisition, is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Northwest Copper Corp. (the “Seller”), pursuant to which it proposes to acquire a 100% undivided legal and beneficial interest in the Okeover Copper (molybdenum) Project (the “Okeover Project”), which encompasses twelve (12) mineral claims comprising approximately 4,613 hectares located in the Province of British Columbia (the “Acquisition”).
  • The Seller has granted the Company an irrevocable right of first refusal to repurchase the Shares should the Seller decide to sell them in the future.
  • In addition, the Company granted to the Seller a 2% net smelter returns royalty on the Okeover Project (the “Royalty”) subject to the Company’s buyback option of one-half (1%) of the Royalty for an aggregate consideration of $1,000,000.
  • The Shares will also be subject to a statutory hold period in accordance with applicable securities laws.

U Power Limited Enters into Strategic Cooperation Agreement with Zhongneng Lithium Battery Technology Taizhou Co., Ltd

Retrieved on: 
Monday, September 25, 2023

Shanghai, China, Sept. 25, 2023 (GLOBE NEWSWIRE) -- U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has entered into a strategic cooperation agreement (the “Agreement”) with Zhongneng Lithium Battery Technology Taizhou Co., Ltd (“Zhongneng Technology”), a Chinese company engaging in the research and application of lithium energy storage products.

Key Points: 
  • Shanghai, China, Sept. 25, 2023 (GLOBE NEWSWIRE) -- U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that it has entered into a strategic cooperation agreement (the “Agreement”) with Zhongneng Lithium Battery Technology Taizhou Co., Ltd (“Zhongneng Technology”), a Chinese company engaging in the research and application of lithium energy storage products.
  • Through this cooperation, both parties intend to explore new markets, expand existing market share, and enhance brand influence and industrial competitiveness.
  • To such end, both parties have agreed to establish an energy storage technology research institute, which will include an energy storage research and development center and an industrial technology incubation center.
  • We believe the partnership will create growth opportunities for both Zhongneng Technology and U Power.”

Myriad Uranium Corp. Announces Proposed Transaction Respecting Copper Mountain Project in Wyoming, USA

Retrieved on: 
Monday, September 18, 2023

The Property is comprised of 110 claims in the Copper Mountain district of Wyoming, widely regarded as one of the best uranium exploration jurisdictions in the world.

Key Points: 
  • The Property is comprised of 110 claims in the Copper Mountain district of Wyoming, widely regarded as one of the best uranium exploration jurisdictions in the world.
  • The state of Wyoming and the local community of Riverton near the Copper Mountain Project both have a strong history of supporting uranium mining.
  • Copper Mountain is an outstanding uranium prospect in one of the world's best uranium jurisdictions.
  • Myriad will provide an update respecting the proposed transaction in due course.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Splunk, Inc. (Nasdaq – SPLK), Applied Molecular Transport Inc. (Nasdaq - AMTI), NextGen Healthcare, Inc. (Nasdaq – NXGN), Computer Task Group, Incorporated (Nasdaq -

Retrieved on: 
Thursday, September 21, 2023

BALA CYNWYD, Pa., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.

Key Points: 
  • BALA CYNWYD, Pa., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations.
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the Agreement, AMT will be acquired by Cyclo Therapeutics, Inc. (“Cyclo Therapeutics”) (Nasdaq - CYTH) in an all-stock transaction.
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

PolyPid Announces Successful Commercial Good Manufacturing Practice (GMP) Audit by Israeli Ministry of Health

Retrieved on: 
Thursday, September 21, 2023

PETACH TIKVA, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) -- PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a late-stage biopharma company aiming to improve surgical outcomes, today announced that the Israeli Ministry of Health has completed a successful Good Manufacturing Practice (GMP) audit of the Company's manufacturing facility without any critical or major findings.

Key Points: 
  • PETACH TIKVA, Israel, Sept. 21, 2023 (GLOBE NEWSWIRE) -- PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a late-stage biopharma company aiming to improve surgical outcomes, today announced that the Israeli Ministry of Health has completed a successful Good Manufacturing Practice (GMP) audit of the Company's manufacturing facility without any critical or major findings.
  • The audit was conducted as part of the Ministry of Health's routine evaluation of PolyPid’s manufacturing process for D-PLEX100.
  • The audit concluded that PolyPid’s manufacturing facility, process and quality system conform to the requirements of current GMP for medicinal products.
  • This successful audit underscores the viability, quality and high standards that PolyPid upholds in the manufacturing of D-PLEX100 for clinical and commercial use in compliance with rigorous international standards.”

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

Retrieved on: 
Thursday, September 21, 2023

Computershare, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on September 20, 2023, approximately 11,640,378.197500 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 76.5467% of the outstanding Shares.

Key Points: 
  • Computershare, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on September 20, 2023, approximately 11,640,378.197500 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 76.5467% of the outstanding Shares.
  • Shareholders that have previously tendered their Shares do not need to re-tender their Shares or take any other action in response to this extension.
  • The Offer was extended to allow additional time for the satisfaction of the Regulatory Condition and the other conditions described in the Offer to Purchase.
  • Requests for documents and questions regarding the Offer may be directed to Georgeson by telephone at 1-866-431-2096.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: PFSweb, Inc. (Nasdaq – PFSW), Hostess Brands, Inc. (Nasdaq – TWNK), Avantax, Inc. (Nasdaq – AVTA), American National Bankshares Inc. (NASDAQ -AMNB)

Retrieved on: 
Tuesday, September 19, 2023

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the Agreement, PFSweb will be acquired by GXO Logistics, Inc. (“GXO”) (NYSE - GXO).
  • Under the terms of the agreement, GXO will pay $7.50 in cash for each share of PFSweb held.
  • Under the terms of the agreement, American National will be acquired by Atlantic Union Bankshares Corporation (“Atlantic Union”) (NYSE - AUB).