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Eloro Resources Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$10.0 Million
Globenewswire· 2025-08-22 16:03
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Eloro Resources Ltd. (TSX: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro” or the “Company”) is pleased to announce that as a result of strong investor demand, the Company has doubled the size of its previously announced “bought deal” private placement (the “Underwritten Offering”) from ...
Invivyd Announces Closing of $57.5 Million Public Offering and Full Exercise of the Underwriter's Option to Purchase Additional Shares
Globenewswire· 2025-08-22 16:00
WALTHAM, Mass., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Invivyd, Inc. (Invivyd) (Nasdaq: IVVD) today announced the closing of its previously announced underwritten public offering of 89,234,480 shares of its common stock, which includes the exercise in full by the underwriter of its option to purchase an additional 14,423,076 shares of common stock, at a public offering price of $0.52 per share and pre-funded warrants to purchase 21,342,442 shares of its common stock at a public offering price of $0.5199 per pre- ...
Feintool reaches agreement with employee representatives in Sachsenheim on realignment of Business Unit Stamping Europe – Part of production in Sachsenheim to remain in operation
Globenewswire· 2025-08-22 16:00
Ad hoc announcement pursuant to Article 53 LR22 August 2025 – 6:00 PM Feintool has reached an important milestone in the realignment of its Business Unit Stamping Europe: Following consultations with employee representatives, it has been decided that activities for the automotive sector will be relocated from Sachsenheim (Germany) to other plants as planned. However, a part of the operation will remain at the Sachsenheim site and focus on industrial applications. In December 2024, Feintool announced plans t ...
Evergold Enters Definitive Option Agreement to Acquire a 100% Interest in the Copper King Inlier Prospects
Globenewswire· 2025-08-22 15:36
Figure 1 Property Location, Toodoggone Camp Figure 2 Golden Lion Tenures and Target Areas TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to announce that it has entered into a definitive option agreement dated August 20, 2025 with Richard Billingsley and Gaye Richards (the “Optionors”), granting the Company an option to acquire a 100% ownership interest in four inlier claim groups totaling 173 hectares (the “Option”), loc ...
Registration of share capital increase in IDEX Biometrics 22 August 2025
Globenewswire· 2025-08-22 15:30
Reference is made to IDEX Biometrics ASA's disclosure on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches. The share capital increase related to the Tranche 2 and underwriting shares have been registered and the shares will be delivered soonest. The Tranche 2 ander underwriting shares will be delivered on a separate and non-tradable ISIN, pending publication by the Company of aprospectus approved by the Norwegian Financial Supervisory Authority. Following ...
Global Interconnection Group forms strategic partnership with Scale-42 through GIGA Holdings
Globenewswire· 2025-08-22 15:25
Global Interconnection Group (“GIG”) is pleased to announce it has acquired a 20% stake in GIGA Holdings, which has partnered with Northern DC AS, trading as ‘Scale-42’ to establish GIGA-42 Ltd., a joint venture focused on developing AI-optimised data centres in the Nordics. 'Please see attached document'. Attachment Data Centre JV - Global Interconnection Group and Scale-42 ...
NVIDIA Introduces Spectrum-XGS Ethernet to Connect Distributed Data Centers Into Giga-Scale AI Super-Factories
Globenewswire· 2025-08-22 15:00
CoreWeave to Deploy NVIDIA Spectrum-XGS Ethernet With Scale-Across Technology NVIDIA Spectrum-XGS Ethernet Spectrum-XGS Ethernet, a scale-across technology for combining distributed data centers into unified, giga-scale AI super-factories. PALO ALTO, Calif., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Hot Chips -- NVIDIA today announced NVIDIA® Spectrum-XGS Ethernet, a scale-across technology for combining distributed data centers into unified, giga-scale AI super-factories. As AI demand surges, individual data ce ...
CSX, BNSF announce new intermodal services, offering seamless coast-to-coast rail solutions
Globenewswire· 2025-08-22 15:00
JACKSONVILLE, Fla. and FORT WORTH, Texas, Aug. 22, 2025 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) (CSX) and BNSF today announced several new intermodal service products that will offer customers seamless, efficient, coast-to-coast solutions to ship between the western and eastern U.S. New services will include: The introduction of new, coast-to-coast, direct domestic intermodal services between Southern California and Charlotte, North Carolina and Jacksonville, Florida.In addition, a new service will ...
Mount Logan Capital Inc. Announces Adjournment of its Special Meeting of Shareholders to August 29, 2025
Globenewswire· 2025-08-22 14:58
Core Viewpoint - Mount Logan Capital Inc. is in the process of a proposed business combination with 180 Degree Capital Corp, which will result in a new publicly traded entity named New Mount Logan, to be listed on Nasdaq Capital Market [1][2] Meeting and Voting Updates - The special meeting of shareholders was adjourned to provide additional time for shareholders to review a supplement to the management information circular, which includes revised terms of the proposed business combination [2][4] - The voting proxy cut-off time has been reopened, allowing proxies to be accepted until August 28, 2025 [3] Business Combination Details - An amendment to the merger agreement was made, increasing the shares to be received by 180 Degree Capital shareholders to 110% of its net asset value at closing, up from 100% [7] - The valuation of Mount Logan at signing was US$67.4 million, compared to its market capitalization of approximately US$49.9 million as of August 18, 2025 [7] Liquidity Programs - New Mount Logan plans to launch a tender offer for up to US$15 million of its common stock within 60 days post-closing, with an additional US$10 million in stock repurchases expected over the following 24 months [8] - The tender offer represents approximately 19% of the estimated closing merger value, with a premium of at least 46% to Mount Logan's estimated closing price of approximately US$1.70 on August 18, 2025 [8] Company Overview - Mount Logan Capital Inc. focuses on alternative asset management and insurance solutions, primarily in public and private debt securities in North America [9] - The company also engages in sourcing, evaluating, underwriting, and managing loans and credit-oriented instruments to achieve attractive risk-adjusted returns [9]
Fifty1 Labs, Inc. Subsidiary Fifty1 AI Labs Partners with ViRx@Stanford Under 'BE READI!' Initiative to Advance AI-Powered Antiviral Drug Repurposing
Globenewswire· 2025-08-22 14:30
Core Insights - The partnership between ViRx@Stanford and Fifty1 AI Labs aims to enhance global health security by repurposing existing drugs into antiviral therapies through AI technology [1][2][3] - The initiative, named "BE READI!", focuses on proactive measures to prepare for and respond to emerging pandemics, emphasizing the need for rapid development of antiviral treatments [2][5] - The collaboration is backed by significant funding, including a US$69 million grant from the National Institute of Allergy and Infectious Diseases (NIAID), which supports the development of outpatient antiviral cocktails [4] Company Overview - ViRx@Stanford is dedicated to advancing antiviral drug development and enhancing biosecurity, leveraging cutting-edge AI to accelerate pharmaceutical innovation [6] - Fifty1 AI Labs specializes in AI-driven drug repurposing, focusing on off-patent compounds to create cost-effective therapies that improve patient outcomes [7] Strategic Goals - The partnership aims to build a scalable model for pandemic response, integrating AI and repurposed therapeutics to ensure rapid and equitable access to life-saving treatments [5] - The initiative draws lessons from past pandemics, including the COVID-19 pandemic, which resulted in approximately 10 million deaths, and aims to mitigate similar mortality rates in future outbreaks [3]