TSX

Intermap Increases Private Placement Financing to Meet Strong Demand

Retrieved on: 
Friday, July 19, 2024

DENVER, July 19, 2024 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced an amendment to the terms of its financing announced on July 3, 2024. Due to strong demand from new and existing shareholders, the Company is now offering up to a maximum of 6,666,666 Class “A” common shares of the Company (“Common Shares”), which upon issuance will rank pari passu in all respects with the Company’s existing issued Common Shares at the same price of C$0.45 per Share for maximum gross proceeds of C$2,999,999.70 (the “Amended Offering”).

Key Points: 
  • In connection with this Amended Offering, Intermap has engaged a third-party finder (the “Finder”) to conduct a best efforts private placement of the Common Shares.
  • The Company intends to use the aggregate net proceeds of the Amended Offering for the execution of contracts and for working capital.
  • Intermap has received its special area permit from Indonesia and will commence deployment in the country soon.
  • As part of its preparation for deployment, Intermap acquired best-in-class, new hardware from VeriDaaS at attractive pricing.

Aptose Announces Receipt of Deficiency Notice from Nasdaq

Retrieved on: 
Friday, July 19, 2024

The Deficiency Letter has no immediate effect on the listing of the Company's common shares, and its common shares will continue to trade on The Nasdaq Capital Market under the symbol "APTO" at this time.

Key Points: 
  • The Deficiency Letter has no immediate effect on the listing of the Company's common shares, and its common shares will continue to trade on The Nasdaq Capital Market under the symbol "APTO" at this time.
  • The Company's common shares continue to trade on the Toronto Stock Exchange ("TSX") under the symbol "APS".
  • The Company's listing on the TSX is independent and will not be affected by the Nasdaq listing status.
  • However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules.

Galaxy Expands Blockchain Infrastructure Capabilities with Asset Acquisition of CryptoManufaktur

Retrieved on: 
Friday, July 19, 2024

"Galaxy is rapidly expanding its blockchain infrastructure and staking capabilities and capacity to provide enterprise-grade technical expertise and support to strategic corners of the digital asset ecosystem.

Key Points: 
  • "Galaxy is rapidly expanding its blockchain infrastructure and staking capabilities and capacity to provide enterprise-grade technical expertise and support to strategic corners of the digital asset ecosystem.
  • Our acquisition of CMF is an important milestone that significantly enhances our position as a leading technical partner to protocols and builders," said Zane Glauber, Head of Galaxy's Blockchain Infrastructure team.
  • "Having worked closely with the talented team at Galaxy, we believe that Galaxy is uniquely positioned to serve as the go-to blockchain infrastructure provider and a leading validator across high-performing blockchains.
  • This includes certain Galaxy balance sheet assets, Galaxy affiliate assets, and third-party assets

American Hotel Income Properties REIT LP Announces Dispute With Aimbridge Hospitality

Retrieved on: 
Friday, July 19, 2024

VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”, or the “Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V ), today announced that AHIP and certain of its subsidiaries are in a dispute with hotel manager ONE Lodging Holdings LLC, itself a subsidiary of Aimbridge Hospitality, and various of its own subsidiaries (collectively, “Aimbridge”) related to Aimbridge’s mismanagement of AHIP’s hotel portfolio.

Key Points: 
  • VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”, or the “Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V ), today announced that AHIP and certain of its subsidiaries are in a dispute with hotel manager ONE Lodging Holdings LLC, itself a subsidiary of Aimbridge Hospitality, and various of its own subsidiaries (collectively, “Aimbridge”) related to Aimbridge’s mismanagement of AHIP’s hotel portfolio.
  • Aimbridge’s management failures, arising in part from a lack of leadership consistency and recurring organizational instability, have caused AHIP material economic harm.
  • AHIP is now in receipt of a notice of civil claim (the “Claim”) filed by Aimbridge in the Supreme Court of British Columbia.
  • Aimbridge is claiming, amongst other things, that the matters identified in the appointment notice must be resolved by the courts of British Columbia notwithstanding the agreed dispute resolution procedure.

Doman Building Materials Group Ltd. to Issue Second Quarter 2024 Financial Results August 9, 2024

Retrieved on: 
Friday, July 19, 2024

VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX: DBM) is pleased to announce that it will report its second quarter 2024 financial results for the period ended June 30, 2024, after market hours on Friday, August 9, 2024.

Key Points: 
  • VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) -- Doman Building Materials Group Ltd. (“Doman” or “the Company”) (TSX: DBM) is pleased to announce that it will report its second quarter 2024 financial results for the period ended June 30, 2024, after market hours on Friday, August 9, 2024.
  • The Company will host an analyst call Monday, August 12, 2024 at 11:00 a.m.
  • ET.
  • Amar Doman, Chairman of the Board and Chief Executive Officer, and James Code, Chief Financial Officer, will discuss the Company’s financial performance for the period ended June 30, 2024.

Leading Canadian Healthcare Services Provider Selects Crescita as Exclusive Manufacturing Partner under 5-Year Agreement

Retrieved on: 
Friday, July 19, 2024

With an initial term of five years and a three-year renewal option exercisable by the Buying Group, the Agreement does not provide for minimum order quantities.

Key Points: 
  • With an initial term of five years and a three-year renewal option exercisable by the Buying Group, the Agreement does not provide for minimum order quantities.
  • However, based on the forecasted volumes, annual revenue under the Agreement may reach up to $6.0 million by the end of the initial term.
  • Crescita’s manufacturing revenue will be contingent on the Client’s ability to convert Buying Group Members from their existing solutions to its new sanitizer dispensing solution.
  • As its exclusive manufacturing partner, Crescita will support the Client in developing the public sector healthcare market for the Products through competitive bidding processes with other buying groups in Canada.

Sierra Metals Completes the Sale of the Cusi Mine

Retrieved on: 
Friday, July 19, 2024

Sierra Metals Inc. (TSX:SMT | OTCQX:SMTSF | BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico (collectively, the “Cusi Mine”) to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp. (“SMC”).

Key Points: 
  • Sierra Metals Inc. (TSX:SMT | OTCQX:SMTSF | BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico (collectively, the “Cusi Mine”) to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp. (“SMC”).
  • The Company sold the Cusi Mine for US$2.5 million in cash and a 2.0% net smelter royalty in respect of the Cusi Mine granted in favour of Sierra Metals (the “Royalty”)1.
  • SMC has the right to purchase one-half of the Royalty at any time in exchange for a cash payment to Sierra Metals of US$5.0 million.
  • The sale of Cusi Mine will allow the Company to direct its full efforts and resources to grow its two core assets, the Yauricocha polymetallic mine in Peru and the copper-producing Bolivar mine in Mexico.

SweetWater Brewing Launches New Rowdy Peach IPA in Collaboration With Atlanta United FC

Retrieved on: 
Friday, July 19, 2024

SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), one of the largest craft brewers in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), is teaming up with Atlanta United to release Rowdy Peach IPA, a lively and vibrant new brew that celebrates the 5-Stripes and its passionate legion of supporters.

Key Points: 
  • SweetWater Brewing Company (“SweetWater Brewing” or “SweetWater”), one of the largest craft brewers in the Southeast and a subsidiary of Tilray Brands, Inc. (“Tilray” or the “Company”) (NASDAQ: TLRY and TSX: TLRY), is teaming up with Atlanta United to release Rowdy Peach IPA, a lively and vibrant new brew that celebrates the 5-Stripes and its passionate legion of supporters.
  • With its fresh juicy peach aromas and 6.8% ABV, this medium body IPA will get fans in the game from tailgate parties to the final whistle.
  • “We’re excited to continue our partnership with Atlanta United and connect even deeper with our shared community here in Atlanta and across the country.”
    “Atlanta United is thrilled to bring our fans Rowdy Peach IPA as part of our partnership with SweetWater Brewing," said Garth Lagerwey, President and CEO of Atlanta United.
  • SweetWater’s taproom will also have television viewing areas for all Atlanta United matches and giveaways of limited-edition merchandise for fans of the 5-Stripes.

Enthusiast Gaming Announces Annual General Meeting

Retrieved on: 
Friday, July 19, 2024

LOS ANGELES, July 19, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced that its annual general meeting will be held virtually on Tuesday, September 17, 2024, at 10:30 AM (Toronto time)(the “Meeting”).

Key Points: 
  • LOS ANGELES, July 19, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced that its annual general meeting will be held virtually on Tuesday, September 17, 2024, at 10:30 AM (Toronto time)(the “Meeting”).
  • The Toronto Stock exchange has granted the Company an extension to hold its annual general meeting this year on or before September 30, 2024.
  • The Company did not hold its Annual General Meeting within six-months of its year end due to the development and execution of its recently announced $20 million term loan financing, which was ongoing during the period leading up to the original meeting deadline.
  • Materials for the meeting will be available under the Company's profile on SEDAR+ at www.sedarplus.ca and on its website at www.enthusiastgaming.com on or about September 17, 2024.

Alamos Gold Releases 2023 Annual ESG Report

Retrieved on: 
Friday, July 19, 2024

TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) has released its annual Environmental, Social, and Governance (ESG) Report (“ESG Report”), which outlines the Company’s progress on its ESG performance in 2023 across its operations, projects and offices.

Key Points: 
  • TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) has released its annual Environmental, Social, and Governance (ESG) Report (“ESG Report”), which outlines the Company’s progress on its ESG performance in 2023 across its operations, projects and offices.
  • It focuses on economic, environmental, social and governance topics and indicators that are of the greatest interest to Alamos’ stakeholders.
  • Since 2013, Alamos has published an annual Sustainability Report to provide transparency on its sustainability initiatives and results from its operating mines.
  • Since 2019, the Company has branded this publication as an ESG Report to reflect the depth of its content and the standards to which it now aligns.