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Quantum BioPharma Ltd. Provides Corporate Update
Globenewswire· 2025-10-31 23:51
Core Viewpoint - Quantum BioPharma Ltd. has announced an at-the-market offering of Class B Subordinate Voting Shares with an aggregate offering price of up to US$21,225,000 to fund clinical studies, research and development, and general corporate purposes [1][3]. Group 1: Offering Details - The Class B Shares will be sold through H.C. Wainwright & Co., LLC as the sales agent, with a cash commission of 3.0% on the gross proceeds raised [1][3]. - Sales will occur at prevailing market prices on the Nasdaq Stock Market, and no shares will be sold on the Canadian Securities Exchange or other Canadian markets [2][3]. Group 2: Use of Proceeds - The net proceeds from the ATM Offering are intended to fund various clinical studies, trials, and development programs, as well as research and development activities [3]. Group 3: Regulatory Compliance - The ATM Offering is being conducted under a registration statement filed with the SEC, which was declared effective on January 4, 2024 [4].
South Star Announces Closing of Second Tranche of Non-Brokered Private Placement of Units
Globenewswire· 2025-10-31 23:05
Core Points - South Star Battery Metals Corp. has closed the second tranche of its non-brokered private placement, issuing 16,214,234 units at a price of C$0.15 per unit, raising gross proceeds of C$2,432,135 (approximately US$1,749,737) [1][4] - The company plans to use the net proceeds for exploration and development activities, general and administrative expenses, and working capital [3] - The company anticipates closing additional tranches of the Unit Offering in the coming weeks, with total gross proceeds raised under the offering amounting to C$3,260,362 (approximately US$2,345,584) including the first tranche [4] Unit Offering Details - Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire an additional share at C$0.20 for five years [2] - The securities issued are subject to a statutory hold period of four months and one day from the date of issuance [3] - Insiders purchased a total of 4,226,667 units in the second tranche, which is considered a related party transaction [7] Future Plans - A shareholder meeting is scheduled for November 17, 2025, to seek approval for Mr. Tiago Cunha to become a control person of the company [6] - Subject to shareholder approval, Mr. Cunha's funds will complete the purchase of an additional 12,342,088 units, representing a C$2,085,000 (approximately US$1.5 million) investment commitment [6] Company Overview - South Star is focused on developing battery-metals projects in the Americas, with its Santa Cruz Graphite Project in Brazil being the first to enter production [9][10] - The BamaStar Project in Alabama is the second project in development, with strong economic results indicated by a pre-tax NPV of US$2.4 billion and an IRR of 35% [11]
Lithium Ionic Files NI 43-101 Technical Report for the Updated Bandeira Lithium Project Feasibility Study
Globenewswire· 2025-10-31 22:30
Core Viewpoint - Lithium Ionic Corp. has filed an independent NI 43-101 compliant technical report for the Bandeira Lithium Project, indicating progress in the project's development and feasibility study [1][2]. Group 1: Technical Report Details - The 2025 Bandeira Technical Report was prepared by qualified consulting groups RTEK, GE21, and L&M, ensuring compliance with National Instrument 43-101 standards [2]. - The report is available on the company's website and SEDAR+ for public access [2]. Group 2: Qualified Persons - A list of Qualified Persons (QPs) who contributed to the report is provided, confirming their independence and expertise in the field [3][4]. - Each QP has reviewed and approved the contents of the news release, ensuring accuracy and reliability [3]. Group 3: Compensation and Agreements - The company issued 7,430,305 common shares to RTEK as compensation for technical and strategic advisory services related to the feasibility study [5]. - This issuance has received approval from the TSX Venture Exchange, indicating regulatory compliance [5]. Group 4: Company Overview - Lithium Ionic Corp. is a Canadian mining company focused on exploring and developing lithium properties in Brazil, particularly in the Minas Gerais state [6]. - The company's flagship projects, Itinga and Salinas, cover 11,684 hectares in a region recognized as a world-class hard-rock lithium district [6].
Datavault AI Issues Formal Response to Wolfpack Research’s Malicious Short Report; Company Affirms the Strength of Its Intellectual Property, Leadership, and Strategic Direction
Globenewswire· 2025-10-31 22:19
Core Viewpoint - Datavault AI strongly condemns the recent short report issued by Wolfpack Research, claiming it contains false and defamatory statements aimed at manipulating the company's stock for financial gain [1][2][3]. Group 1: Allegations Against Wolfpack Research - The Wolfpack Research report is characterized as self-serving and malicious, lacking factual foundation and causing reputational harm to Datavault AI and its shareholders [1][2]. - The company intends to pursue legal action against Wolfpack Research to hold them accountable for their conduct and protect shareholder rights [3][4]. Group 2: Legal Actions and Counsel - Datavault AI has engaged legal counsel from Paul Hastings LLP and Dickinson Wright PLLC to strategize litigation and regulatory actions against Wolfpack Research [4]. - The company aims to outline the false statements made in the report in a lawsuit, which will also serve as a roadmap for federal enforcement authorities [5]. Group 3: Intellectual Property and Strategic Value - Datavault AI's value is anchored in a robust intellectual property portfolio, comprising over 70 patents related to AI-driven data valuation, blockchain tokenization, and enterprise data monetization systems [6][7]. - The company emphasizes that its strategy is based on intellectual property and execution rather than speculation, highlighting the value created across various industries [7]. Group 4: Leadership and Background - Nathaniel T. Bradley, the CEO of Datavault AI, has a significant background in mobile marketing, audio processing, AI, and data monetization, with a history of founding successful companies [8][9][10]. - Under Bradley's leadership, Datavault AI has developed innovations in AI data valuation and blockchain technology for real-world asset tokenization [10]. Group 5: Recent Successes and Milestones - Datavault AI has formed strategic alliances, completed acquisitions, launched new products, and clarified corporate governance practices to enhance investor visibility and operational capabilities [14].
Grupo Aeroportuario del Pacifico Provides Update on Operations in Montego Bay Following Hurricane Melissa
Globenewswire· 2025-10-31 22:13
GUADALAJARA, Mexico, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reports that, after the passage of Hurricane Melissa through Jamaica, Montego Bay International Airport resumed operations yesterday, October 30, at 4 p.m. (local time) for evacuation flights and humanitarian aid. At this time, the necessary work is being carried out to restore essential airport infrastructure and services, as well as the assessment of the da ...
PRFoods Consolidated Audited Annual Report 2024/2025
Globenewswire· 2025-10-31 21:59
Management Commentary The 2024/2025 financial year was a significant and transformative period for PRFoods, marked by the stabilisation of the company’s financial position. The successful restructuring of debt obligations substantially strengthened the Group’s financial standing, reduced liquidity-related pressures on day-to-day operations, ensured business continuity, preserved jobs, and protected the position of creditors. As a result of the restructuring, the Group has taken a decisive step towards stabl ...
Consolidated Lithium Metals Amends Previously Announced Financing and Extends Exclusivity Period of Letter of Intent With SOQUEM
Globenewswire· 2025-10-31 21:37
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Consolidated Lithium Metals Inc. (TSXV: CLM) (FRA: Z36) (“CLM” or the “Company”) announces further to its press release dated October 22, 2025, the Company intends to complete a non-brokered private placement (the “Offering”) and amends the terms of the Offering to a sale of up to 66,666,666 units (each, a “Unit”) of the Company at the previously announced price of $0.06 ...
Caliber Launches Noteholder Debt-to-Equity Conversion Program and Completes First $1.9 Million Tranche
Globenewswire· 2025-10-31 21:25
Initiative reduces corporate debt and improves cash flowSCOTTSDALE, Ariz., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Caliber (Nasdaq: CWD), a diversified real estate and digital asset management platform, today announced that its Board of Directors has approved a Noteholder Conversion Program (the “Program”) authorizing the ability of holders of certain of Caliber’s unsecured corporate notes to convert such notes into shares of the Company’s Class A common stock. The Program allows such noteholders to convert notes ...
Knight Announces Closing of US$100 Million Revolving Credit Facility
Globenewswire· 2025-10-31 21:15
MONTREAL, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc. (TSX: GUD) ("Knight" or “the Company”), a pan-American (ex-US) specialty pharmaceutical company, announced today that it has closed the syndication of its US$100 million secured revolving credit facility (“the Credit Facility”). On June 17, 2025, Knight had announced that it had closed a US$50 Million revolving credit facility with National Bank of Canada (“NBC”) and initiated a syndication process to increase the size of the facility. As ...
Dynamix Corporation III Completes $201.25 Million Initial Public Offering
Globenewswire· 2025-10-31 21:13
NEW YORK, NY, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Dynamix Corporation III (the “Company”) announced today the closing of its initial public offering of 20,125,000 units, including 2,625,000 units in connection with the underwriters’ exercise of their option to purchase additional units in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $201,250,000. The Company’s units began trading on October 30, 2025 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “DNMXU.” Ea ...