Newsfile News Releases

Aug 12, 2022 12:30 ET
York Harbour Metals Announces Proposed Spinoff of Nevada Assets
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2022) - YORK HARBOUR METALS INC. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE0) (the "Company" or "York Harbour") is pleased to announce its proposed plans to spin-out to its shareholders (the "Spin-Out") all of its right, title and interest in and to its two mineral properties located in the Battle Mountain district of Nevada, USA (the "Nevada Assets"), which are adjacent to Nevada Gold Mines LLC's. projects. The Spin-Out would allow York Harbour to continue on as a single entity solely focused on its York Harbour Project in the Canadian Province of Newfoundland and Labrador, while the ownership and development of the Nevada Assets would remain separately with Phoenix Gold Resources (Holdings) Ltd. ("Phoenix Gold"), a British Columbia corporation.
Aug 12, 2022 10:39 ET
Lori H. Price Named Director of Office of Credit Ratings
Washington, D.C.--(Newsfile Corp. - August 12, 2022) - The Securities and Exchange Commission today announced that Lori H. Price has been named Director of the Office of Credit Ratings (OCR), effective Aug. 14, 2022. She has served as Acting Director since February 2022 and has more than 30 years of experience in various roles at the SEC.
Aug 12, 2022 10:35 ET
Fanboys Marketplace Rejects Buyout Offer from Private Equity Firm
Fort Worth, Texas--(Newsfile Corp. - August 12, 2022) - Fanboys Marketplace, home to DFW's largest collection of pop culture gifts, toys, and collectibles, rejects the latest buyout offer from a private equity firm.
Aug 12, 2022 09:22 ET
Mobi724 Global Solutions Announces Correction to Press Release Issued August 11, 2022
Montreal, Quebec--(Newsfile Corp. - August 12, 2022) - Mobi724 Global Solutions Inc. (TSXV: MOS) ("Mobi724" or the "Company"), a fintech enabler of AI-powered payment card-linked solutions, announces a correction to its press release entitled "MOBI724 Global Solutions closes a $500,000 Private Placement" issued on August 11, 2022 (the "Initial Press Release").
Aug 12, 2022 09:04 ET
Infinity Stone Provides Update on Soil Sampling at Zen-Whoberi and Announces Appointment of Case Lewis to Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2022) - Infinity Stone Ventures Corp. (CSE:GEMS) (OTC Pink: TLOOF) (FSE: B2I) ("Infinity Stone" the "Company") is pleased to provide an update on the soil sampling program at its Zen-Whoberi property (the "Property"), located north of Mont Laurier, Quebec, and announces the appointment of Case Lewis, P.Geo., as an independent director of the Company.
Aug 12, 2022 09:00 ET
Goldgroup Announces Loan Agreement
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") is pleased to announce it has entered into a loan agreement dated August 10, 2022 (the "Loan Agreement") with Sail Natural Resources LP (the "Lender") in the principal amount of USD$550,000 (the "Loan"). The Lender is a resource focused private investment vehicle, with a focus on supporting growth stage mining companies. The Loan bears interest at 5% per annum, will be repaid in 11 equal monthly installments of USD $50,000 commencing on October 10, 2022, maturing on August 10, 2023. The Loan is initially being advanced on an unsecured basis, however, under the Loan Agreement, the Company has agreed to use reasonable efforts going forward to reorganize certain security granted by the Company under a credit facility from Accendo Banco S.A. ("Accendo") so that the Loan is secured behind the Accendo credit facility. There is no guarantee that such security will ultimately be granted in favor of the Lender.
Aug 12, 2022 08:59 ET
Plant&Co Expanding Distribution of LumberHeads with DSM
Toronto, Ontario--(Newsfile Corp. - August 12, 2022) - Plant&Co. Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) ("Plant&Co."' or the "Company"), a modern health and wellness company curating delicious foods, is pleased to announce its recently acquired CPG brand, LumberHeads, is now being distributed by DSM Foods, an Ontario-based business servicing over 200 retail location through its food distribution network. An initial order for LumberHeads Popcorn has already been delivered and LumberHeads popcorn will be available in retail locations across DSM Foods network.
Aug 12, 2022 08:57 ET
Nevada Silver Corporation Provides Update on Emily Manganese Project Financing
Toronto, Ontario--(Newsfile Corp. - August 12, 2022) - Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company"), further to its press release of March 24, 2022, is pleased to provide an update on its plans to complete a sale of securities of its indirectly wholly owned U.S.A. subsidiary, North Star Manganese Inc ("NSM"). As previously disclosed, NSM intends to issue approximately 3,000,000 shares of common stock of NSM at a price of US$0.25 per share for proceeds of approximately US$750,000 (the "NSM Financing"). The NSM Financing follows the split of its outstanding securities on the basis of 2.3483 new shares for each currently outstanding share. As a result, the outstanding shares of NSM has increased from 12,775,000 shares to 30,000,000 shares. It is anticipated that upon completion of the NSM Financing, there will be approximately 33,000,000 shares of NSM common stock outstanding. If completed, the Company's indirect shareholding in NSM will be reduced to approximately 90.9%. The NSM Financing is subject to the receipt of final approval of the TSX Venture Exchange prior to closing. Proceeds from the NSM Financing will be used to advance technical studies at the Emily Manganese project and for general working capital. No commissions or similar fees are expected to be paid in connection with the NSM Financing. Closing of the NSM Financing is expected to occur before the end of August 2022. Further updates will be provided in respect of the NSM Financing as they occur.
Aug 12, 2022 08:55 ET
Hemostemix Announces Closing of Second Tranche of UNIT Private Placement
Calgary, Alberta--(Newsfile Corp. - August 12, 2022) -  Hemostemix Inc. (TSXV: HEM) (OTCQB: HMTXF) ("Hemostemix" or the "Company") announces that it has closed a second tranche of its previously announced non-brokered private placement of units ("Units") as announced on May 19, 2022 for gross proceeds of $1,364,710.10 (the "Offering"). The Offering consisted of the issuance of an aggregate of 4,549,034 Units at a price of $0.30 per Unit. Each Unit consists of one common share in the capital of the Company ("Common Share") and one common share purchase warrant ("Warrant"), with each full Warrant entitling the holder to acquire one Common Share at a price of $0.55 per Common Share for a period of 24 months from the closing of the Offering, subject to the accelerated expiry provision described below.
Aug 12, 2022 08:20 ET
Bank Islam Partners with UK Islamic Fintech Kestrl to join Malaysia's Digital Banking Race
London, United Kingdom--(Newsfile Corp. - August 12, 2022) - Bank Islam Malaysia Bhd (Bank Islam) has chosen Kestrl, a UK-based Islamic Fintech that offers personal finance solutions to Muslims, to develop and implement personal financial management (PFM) features for its newly launched digital bank, Be U.
Aug 12, 2022 08:18 ET
Introducing Suneku, A Web3 Initiative Looking to Revolutionize DeFi
Suneku aims to usher in a new era for meme tokens with utility on the BSC ecosystem, with an extensive roadmap planned out after launch.
Aug 12, 2022 08:00 ET
Renewable Energy Is Here to Stay: Inflation Reduction Act Provides Economic Support and Growth for the Sector
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - August 12, 2022) - Investorideas.com, a leading investor news resource covering solar and clean energy stocks, released today a special report, featuring solar energy company, SinglePoint, Inc. (OTCQB: SING), on the growth of acquisitions and improved investor sentiment for the renewable energy sector following the news surrounding the Inflation Reduction Act.
Aug 12, 2022 08:00 ET
Sonim Reports Second Quarter Financial Results
Austin, Texas--(Newsfile Corp. - August 12, 2022) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading U.S. provider of ultra-rugged mobile devices, accessories and solutions designed specifically for task workers physically engaged in their work environments, reported financial results for the second quarter ended June 30, 2022.
Aug 12, 2022 08:00 ET
Trojan Gold Provides Hemlo South Property Exploration Program Update
Toronto, Ontario--(Newsfile Corp. - August 12, 2022) - Trojan Gold Inc. (CSE: TGII) (OTCQB: TRJGF) ("Trojan" or the "Company") is pleased to provide an update on its preliminary prospecting program at its 50% owned Hemlo South property, subject of the Company's most recent 43-101 Technical Report.
Aug 12, 2022 07:53 ET
FricknFrack Games to Launch Toolbelt! Game Which Simplifies DIY for Gaming Enthusiasts Through Immersive Gaming
Lexington, Kentucky--(Newsfile Corp. - August 12, 2022) - FricknFrack Games has announced exciting plans to launch the Toolbelt! game to simplify DIY for gaming enthusiasts through immersive gaming. Led by William Mayfield, who has an extensive background in higher education, the company specializes in casual, high-quality games that provide gamers with immersive experiences to help them gain real-life skills. With a cast of compelling characters and rich visual detail, gamers scarcely realize as they move from one level to another that they are gaining knowledge of the tools that are used in DIY - all in their quest to earn the Toolbelt.
Aug 12, 2022 07:00 ET
Emerald Health Therapeutics, Inc. Provides Update on and Additional Background to Transaction with Skye Bioscience
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2022) - Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQB: EMHTF) ("Emerald" or the "Company") is providing an update and additional background on its transaction (the "Transaction") with Skye Bioscience Inc. (OTCQB: SKYE) ("Skye") pursuant to the terms of an arrangement agreement dated May 11, 2022, as amended (the "Arrangement Agreement").
Aug 12, 2022 07:00 ET
Soluna Holdings, Inc. to Present at Investor Summit Group's Q3 Virtual Conference
Albany, New York--(Newsfile Corp. - August 12, 2022) - Soluna Holdings, Inc. (NASDAQ: SLNH) today announced that Michael Toporek, CEO of Soluna Holdings will be attending the Q3 Virtual Investor Summit. Soluna Holdings, Inc. is the leading developer of green, modular, scalable data centers for computing-intensive, batchable applications such as cryptocurrency mining, AI, and machine learning, powered by wasted renewable energy. 
Aug 12, 2022 06:55 ET
Emerald Health Therapeutics, Inc. Restates Q1 Financial Statements to Meet PCAOB Standard
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2022) - Emerald Health Therapeutics, Inc. (CSE: EMH) (OTCQB: EMHTF) ("Emerald" or the "Company") announces that it has identified matters which require the Company to make restatements (the "Restatements") in respect of its interim consolidated financial statements for the three months ended March 31, 2022 and 2021 (the "Restated Q1 Financial Statements") and related management discussion and analysis (the "Restated MD&A") relating to (a) cash and cash equivalents (b) revenue from sale of goods and (c) impairment of assets.