Workflow
Western Uranium & Vanadium Closes Bought Deal Financing of CAD $5 Million
Globenewswire· 2025-06-13 20:30
Core Viewpoint - Western Uranium & Vanadium Corp. has successfully closed a bought deal private placement financing, raising approximately CAD $5,025,018 through the issuance of 5,911,786 units at CAD $0.85 per unit, each consisting of one common share and one warrant [1][2]. Group 1: Financing Details - The offering consisted of 5,911,786 units, with each unit priced at CAD $0.85, resulting in total gross proceeds of approximately CAD $5,025,018 [1]. - Each warrant is exercisable for one common share at a price of CAD $1.05 for a period of four years from issuance [1]. - The offering was conducted under exemptions from the registration requirements of the U.S. Securities Act and applicable Canadian securities laws, with no units issued to investors in Canada [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for expanding production capabilities and mining at the Sunday Mine Complex, developing minerals processing facilities, and acquiring uranium/vanadium properties near existing production centers [2]. Group 3: Related Party Transactions - The CEO and President of Western, George Glasier, subscribed for 117,647 units in the offering, which is classified as a related-party transaction [4]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements due to the size of Glasier's participation [4]. Group 4: Underwriting and Fees - Western entered into an underwriting agreement with A.G.P. Canada Investment ULC, which acted as the sole underwriter and bookrunner [5]. - The underwriter received a cash commission of 7% on the aggregate proceeds and 206,913 broker warrants, subject to a four-month hold [5]. Group 5: Company Overview - Western Uranium & Vanadium Corp. is focused on ramping up high-grade uranium and vanadium production at its Sunday Mine Complex, with additional projects in Colorado and Utah [8].
23andMe Reaches Agreement for Sale of Business to TTAM Research Institute Following Final Round of Bidding in Court-Approved Sale Process
Globenewswire· 2025-06-13 20:22
Core Viewpoint - 23andMe has entered into a definitive agreement to sell substantially all of its assets to TTAM Research Institute for $305 million, following a competitive bidding process that included Regeneron Pharmaceuticals as a backup bidder [2][3]. Group 1: Transaction Details - The sale includes the Personal Genome Service (PGS), Research Services business lines, and Lemonaid Health business [2]. - The transaction is subject to approval by the U.S. Bankruptcy Court, with a hearing scheduled for June 17, 2025 [7]. - The agreement with TTAM will replace a previously announced acquisition agreement with Regeneron for $256 million [5]. Group 2: Privacy and Consumer Protections - TTAM has committed to comply with 23andMe's privacy policies and applicable laws, ensuring customer data is processed according to existing consents and privacy statements [4]. - Additional consumer protections include honoring customer rights to delete accounts and genetic data, notifying customers before closing, and establishing a Consumer Privacy Advisory Board within 90 days [6]. - TTAM will offer two years of free identity theft monitoring to customers and will continue to allow de-identified data to be used for research [6].
Orezone Announces Results of Meeting of Shareholders
Globenewswire· 2025-06-13 20:18
Core Points - Orezone Gold Corporation held its annual general and special meeting of shareholders on June 12, 2025, where all resolutions were approved with 62.76% of total issued and outstanding shares represented [1] Voting Results - Julian Babarczy received 99.63% approval with 311,422,274 votes for and 1,143,461 against [2] - Joe Conway received 98.53% approval with 307,958,117 votes for and 4,607,618 against [2] - Patrick Downey received 99.74% approval with 311,751,459 votes for and 814,276 against [2] - Rob Doyle received 99.98% approval with 312,507,445 votes for and 58,290 against [2] - Kate Harcourt received 99.93% approval with 312,332,268 votes for and 233,467 against [2] - Sean Harvey received 99.87% approval with 312,155,498 votes for and 410,237 against [2] - Tara Hassan received 99.82% approval with 312,008,591 votes for and 557,144 against [2] Additional Matters - The number of directors was fixed at seven [7] - The stock option plan was reapproved as required by the TSX every three years [7] - Deloitte LLP was appointed as auditors for the fiscal year ending December 31, 2025, with the board authorized to fix their remuneration [7] Company Overview - Orezone Gold Corporation is a West African gold producer focused on mining, developing, and exploring its 90%-owned Bomboré Gold Mine in Burkina Faso [4] - The Bomboré mine achieved commercial production on December 1, 2022, and is now focused on a staged hard rock expansion to increase annual and life-of-mine gold production [4] - The company emphasizes social responsibility and sustainability, led by an experienced team with a proven track record in project construction, operations, financings, capital markets, and M&A [4]
Franklin Electric Announces Repurchase of Company Shares
Globenewswire· 2025-06-13 20:15
Core Points - Franklin Electric Co., Inc. has successfully completed a stock purchase transaction involving 1,200,000 shares at a price of $86.78 per share, reflecting the volume-weighted average price over the preceding five trading days [1] - The transaction was made to provide liquidity for the estate of Patricia Schaefer, who recently passed away, and demonstrates the company's confidence in its financial health and future prospects [2] - The Board of Directors has approved an increase in the company's share repurchase authorization by 1,200,000 shares, allowing for a total of 1,126,635 shares to be repurchased post-transaction [2] Company Overview - Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy, serving various sectors including residential, commercial, agricultural, industrial, municipal, and fueling applications [3] - The company has received recognition in multiple categories, including Newsweek's lists of America's Most Responsible Companies 2024 and Greenest Companies 2025, as well as being named one of the Best Places to Work in Indiana 2024 [3]
Ready Capital Corporation Declares First Quarter 2025 Dividends
Globenewswire· 2025-06-13 20:10
NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumu ...
ACM Research to Participate at the 15th Annual ROTH London Conference
Globenewswire· 2025-06-13 20:05
FREMONT, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced packaging applications, today announced its participation in the 15th Annual ROTH London Conference at Park Lane, Hamilton Place, London on Wednesday, June 25, 2025. Management will be available for one-on-one and small group meetings with institutional investors throughout the day. For more information about the conference or to reques ...
Wintrust Financial Corporation Announces Redemption of All Outstanding Series D and Series E Preferred Stock and Related Depositary Shares
Globenewswire· 2025-06-13 20:05
ROSEMONT, Ill., June 13, 2025 (GLOBE NEWSWIRE) -- Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) today announced that on July 15, 2025 it will redeem (i) all of the 5,000,000 issued and outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”) (Nasdaq: WTFCM), for a redemption price of $25.00 per share, and (ii) all of the 11,500 issued and outstanding shares of its 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferr ...
Safe Harbor Financial CEO Terry Mendez to Serve as “Shark” during Conscious Capitalist Sessions at Psychedelic Science 2025
Globenewswire· 2025-06-13 20:05
Industry Veteran to Join Global Impact Leaders in Psychedelic Innovation Workshop at World’s Largest Psychedelic ConferenceDENVER, June 13, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (Nasdaq: SHFS) (“Safe Harbor” or the “Company”), a fintech leader facilitating financial services and credit facilities for the regulated cannabis industry, announced that its Chief Executive Officer, Terry Mendez, will serve as a featured “Conscious Capitalist” at Psychedelic Science 2025 (PS2025) ...
Marimaca Copper Announces Closing of Second Tranche of US$17.7 Million Non-Brokered Private Placement
Globenewswire· 2025-06-13 20:05
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law. VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca” or the “Company”) (TSX: MARI) (ASX: MC2) is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the “Private Placement”) for aggregate gross proceeds of approximate ...
Dave & Buster’s Announces Promotion of Les Lehner to Chief Development Officer
Globenewswire· 2025-06-13 20:05
DALLAS, June 13, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company") today announced that it has promoted Les Lehner to the position of Chief Development Officer. Mr. Lehner most recently served as Chief Procurement Officer and Head of Main Event Development. In connection with this promotion, the Company announced that John Mulleady, current Chief Development Officer, will retire effective as of the close of business on October 23, 2025. Effect ...