Joint Venture to Continue to Target the Attractive Core Middle Market Joint Venture Is Generating Strong Returns MIAMI, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) today announced it has agreed to expand its investment in PennantPark Senior Secured Loan Fund I LLC (“PSSL” or the “JV”). This transaction further strengthens this strategic partnership, which was put into place over seven years ago, and has generated strong returns to date. PFLT and its JV part ...

Core Viewpoint - Texas Mineral Resources Corp. (TMRC) has entered into a non-binding letter of intent with Steeple Rock Holding Company to explore a mining venture involving four mines and related assets in New Mexico and Arizona [1][2][4] Group 1: Joint Venture Details - TMRC will serve as the managing partner of the joint venture, which includes the Billali mine, Jim Crow mine, inactive Imperial mine, and Carlisle mine, along with a 150 tons per day unassembled flotation mill [1][4] - The initial capital required for the project is yet to be determined and will be used for initiating mining and milling operations [2][3] - TMRC may acquire up to a 50.1% interest in the project by contributing the Carlisle mine and raising the necessary initial capital [3][4] Group 2: Project Potential - The project aims to bring historical mines back into production, with the Steeple Rock District being a well-known gold and silver area in New Mexico and Arizona [4][5] - The district is characterized by stable mining conditions, with historical data indicating good mining conditions and minimal environmental issues [5] - All mines involved have documented historical exploration data, although there is no assurance that they will yield resources compliant with regulatory standards [4][5] Group 3: Company Background - TMRC focuses on developing and commercializing mining projects, including the Round Top heavy-rare earth project in Texas, where it holds approximately 19.3% interest [6]

Lockheed Martin Corp.’s (LMT) Aeronautics business segment recently clinched a modification contract to support the F-35 Joint Strike Fighter aircraft program. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.  Details of the Lockheed Martin DealValued at $16.3 million, the contract is expected to be completed by January 2029. Per the terms of the deal, Lockheed will provide non-recurring engineering and associated materials support for the redesigned panoramic cockpit displa ...

Key TakeawaysGeneral Motors said in a regulatory filing that it will incur more than $5 billion in non-cash charges and write-downs associated with its joint venture with SAIC Motor Corporation in China.The carmaker said it expects impairment costs of $2.6 billion to $2.9 billion, and $2.7 billion in equity losses related to the JV this year.GM has lost money in China over the past three quarters, including $137 million in the third quarter. General Motors (GM) shares slipped Wednesday after the carmaker sa ...

IRVINE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today announced it has entered into a joint venture with 6 Dimensions Capital (“6 Dimensions”) and its successor fund 120 Capital, and VFLO Medical (“VFLO”), a medical device platform incubated by 6 Dimensions and 120 Capital, to provide access to Inari’s innovative technology for patient ...

Prototype development and feasibility testing underway for optimized subcutaneous delivery SARASOTA, FL, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced a collaboration agreement with Kymanox for specialized design and development of a subcutaneous insertion device for SP-26, t ...

CALGARY, Alberta, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Helium Evolution Incorporated (TSXV:HEVI) ("HEVI" or the "Company"), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, is pleased to announce that its farm-in partner, North American Helium Inc. (“NAH”), has successfully completed drilling operations and is proceeding with casing of the joint well at 10-1-4-9W3M (the “10-1 Well”), located on lands near Mankota in Saskatchewan. NAH will complete, test and eva ...

Deliverz.AI flagship robot, Polly, is already in use at Israel’s Sheba Medical Center, ranked the 9th best hospital in the world, according to Newsweek magazine, where it autonomously delivers chemotherapy drugs across complex hospital environments Tel Aviv, Israel, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today that it has entered into a binding Letter of Inte ...

TORONTO, Nov. 27, 2024 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an agreement (the "Agreement") with Cosa Resources Corp. ("Cosa") (TSX-V: COSA) to form three uranium exploration joint ventures in the eastern portion of the Athabasca Basin region in northern Saskatchewan. Pursuant to the Agreement, Cosa will acquire a 70% interest in Denison's 100%-owned Murphy Lake North, Darby, and Packrat properties (the "Pr ...

Explanatory Note: PennantPark Investment Corporation (the “Company”) is updating the press release issued by the Company on November 25, 2024 to correct certain information contained therein. The updated release reads: MIAMI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the fourth quarter and fiscal year ended September 30, 2024. HIGHLIGHTS Year ended September 30, 2024 ($ in millions, except per share amounts) Asse ...