Newsfile News Releases

Mar 27, 2024 19:00 ET
Austral Gold Secures New US$2.2M Related Party Loan Facility
Sydney, Australia--(Newsfile Corp. - March 27, 2024) - Established gold producer Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (OTCQB: AGLDF) (Austral or the Company) is pleased to announce a new unsecured related party loan facility from Consultores Assets Management S.A. ("Consultores") for up to US$2.2 million and the receipt of US$1 million on 5 March 2024. Consultores is related to Austral's largest shareholder and controlled by its Chair, Eduardo Elsztain.
Mar 27, 2024 17:34 ET
Avalon Closes $2,750,000 First Drawdown of $15,000,000 Convertible Security Funding Agreement
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has closed the $2,750,000 first drawdown of its up to $15,000,000 convertible security funding agreement (the "Funding Agreement") with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager (together "Lind"). The details of the Funding Agreement are contained in the Company's news release dated March 18, 2024.
Mar 27, 2024 17:30 ET
Akanda Corp. Announces Closing of Underwritten Public Offering
London, United Kingdom--(Newsfile Corp. - March 27, 2024) - On March 24, 2024, Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), an international medical cannabis company, entered into an underwriting agreement (the "Underwriting Agreement") with Univest Securities, LLC ("Univest") as the underwriter in connection with the issuance and sale by the Company in an underwritten public offering (the "Offering") of 3,087,443 of the Company's Common Shares, no par value per share (the "Common Shares" and, such number of Common Shares issued and sold in the Offering, the "Offered Shares"), at a purchase price of $0.1217 per Offered Share, and pre-funded warrants to purchase 37,997,190 Common Shares at a purchase price of each pre-funded warrant equal to the price at which one Common Share is sold in the Offering, minus $0.0001, and the exercise price of each pre-funded warrant is $0.0001 per share (the "Pre-Funded Warrants" and, such number of Pre-Funded Warrants issued and sold in the Offering, the "Offered Pre-Funded Warrants"), pursuant to the Company's effective registration statement on Form F-1 (File No. 333-277182) and a related preliminary prospectus, together with the related final prospectus dated as of March 26, 2024 (such registration statement, preliminary prospectus and the final prospectus, collectively, the "Registration Statement"), filed with the Securities and Exchange Commission. The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full, subject to certain beneficial ownership limitations as set forth in the Pre-Funded Warrant.
Mar 27, 2024 17:15 ET
Advanced Gold Exploration Announces Proposed Debt Settlement
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Advanced Gold Exploration Inc (CSE: AUEX) (the "Company") is pleased to announce it has agreed to settle an aggregate of $16,650 of indebtedness to an arm's length creditor of the Company through the issuance of 602,410 common shares in the capital of the Company (the "Common Shares") at a price of $0.05 per Common Share (the "Debt Settlement"). The Common Shares issued pursuant to the debt settlement shall be subject to a four-month hold period and completion of the transaction remains subject to final acceptance of the Canadian Securities Exchange.
Mar 27, 2024 17:00 ET
1844 Closes Non-Brokered Private Placement of Units
Saskatoon, Saskatchewan--(Newsfile Corp. - March 27, 2024) - 1844 RESOURCES Inc. (TSXV: EFF) (the "Company" or "1844"), is pleased to announce it has closed its previously announced non-brokered private placement of units (each, a "Unit"). At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 (the "Unit Offering").
Mar 27, 2024 17:00 ET
Lithium ION Energy Announces Warrant Extension
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Lithium ION Energy Ltd (TSXV: ION) (OTCQB: IONGF) (FSE: ZA4) ("ION" or the "Company") announces today that it intends to extend the expiry date of an aggregate 11,500,000 outstanding common share purchase warrants of the Company (the "April Warrants") by 12 months to April 12, 2025 and an aggregate 4,000,000 outstanding common share purchase warrants of the Company (the "July Warrants" and collectively with the April Warrants, the "Warrants") by 12 months to July 20, 2025 (collectively with the extension of April Warrants, the "Extension").
Mar 27, 2024 16:43 ET
Stonegate Capital Partners Updates Coverage on Bio-Path Holdings, Inc. (BPTH) Q4 23
Dallas, Texas--(Newsfile Corp. - March 27, 2024) - Bio-Path Holdings, Inc. (NASDAQ: BPTH): Stonegate Capital Partners Updates Coverage on Bio-Path Holdings, Inc. (NASDAQ: BPTH) for Q4 2023.
Mar 27, 2024 16:30 ET
Cybeats Announces Upsize to Private Placement
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company") is pleased to announce that further to its press release of February 19, 2024 and March 8, 2024, the Company has increased the size of its previously announced non-brokered private placement to up to 16,666,666 units (each, a "Unit") at a price of $0.15 per Unit for aggregate gross proceeds of $2,500,000 (the "Offering"). The Company closed the first tranche of the Offering for gross proceeds of $1,145,255 on March 8, 2024.
Mar 27, 2024 16:15 ET
Centaurus Energy Adopts Ether as Primary Treasury Reserve Asset
David D. Tawil, CEO, extends up to USD 1,500,000 to Centaurus
Mar 27, 2024 16:05 ET
Sonim Reports 34% Increase in FY2023 Revenue, to $93.6 Million, Significant Expansion Momentum in New Addressable Markets
San Diego, California--(Newsfile Corp. - March 27, 2024) - Sonim Technologies, Inc. (NASDAQ: SONM), a leading provider of mobility solutions that include ultra-rugged and rugged phones, connected devices, consumer durable mobile devices, and accessories designed to provide extra protection for users that demand more durability in their work and everyday lives, reported financial results for the year ended December 31, 2023.
Mar 27, 2024 15:50 ET
Northern Graphite Files Preliminary Base Shelf Prospectus
Ottawa, Ontario--(Newsfile Corp. - March 27, 2024) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") is pleased to announce that it has filed a preliminary short form base shelf prospectus with the securities regulators in each of the provinces and territories of Canada.
Mar 27, 2024 15:34 ET
Renegade Gold Arranges $3,400,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2024) - Renegade Gold Inc. (TSXV: RAGE) (OTCQX: TGLDF) (FSE: 070) ("Renegade" or the "Company") announces that it has arranged a private placement of up to 17,000,000 units (the "Units") at $0.20 per Unit for total gross proceeds of up to $3,400,000 (the "Placement"). Each Unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of three years from date of issue at a price of $0.25 per share.
Mar 27, 2024 15:25 ET
B2i Digital Named Gold Sponsor and Marketing Partner for Maxim Group's Virtual Conference: "The Next Frontier: Bitcoin Mining in a Post-Halving Era"
New York, New York--(Newsfile Corp. - March 27, 2024) - B2i Digital, Inc. has been named a gold sponsor and is providing marketing support for Maxim Group's virtual conference, "The Next Frontier: Bitcoin Mining in a Post-Halving Era," scheduled for April 3, 2024, at 9:00 AM ET. The event, hosted on Maxim Group's M-Vest platform, will feature discussions with companies in the Bitcoin mining ecosystem, including miners, equipment, and service providers.
Mar 27, 2024 15:25 ET
DevvStream Announces Multi-Year Agreement with a Major Logistics and Marketing Firm for the Sale of CFR Credits
Customer will acquire 25,000 CFR credits in 2024 under the purchase agreement, with an option for an additional 100,000 credits in 2025
Mar 27, 2024 12:25 ET
Biosenta Announces Successful Launch of Bench Scale Production Plant and Exceeding Expectations of Tri-Filler(TM) Particle Encapsulation Technology
Toronto, Ontario and Calgary, Alberta--(Newsfile Corp. - March 27, 2024) - Biosenta Inc. (CSE: ZRO) ("Biosenta" or the "Company") is pleased to announce a significant milestone in its technological and operational advancements with the successful construction and operation of a bench scale production plant. The results from this production not only surpassed our expectations, but also showcased that our patented Tri-Filler™ antimicrobial technology is ready for accelerated development and scaling towards industrial manufacturing applications.
Mar 27, 2024 12:09 ET
CSE Bulletin: Name Change - Scope Carbon Corp. (SCPE)
Toronto, Ontario--(Newsfile Corp. - Le 27 mars/March 2024) - Scope Carbon Corp. has announced a name change to Scope AI Corp.
Mar 27, 2024 11:16 ET
AmeraMex International Hosts Conference Call for Year Ended December 31, 2023
Conference call scheduled Monday, April 8, 2024, at 11:00 a.m. Pacific Time
Mar 27, 2024 10:43 ET
DGTL Holdings Inc. Reports Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - DGTL Holdings Inc. (TSXV: DGTL) ("DGTL" or the "Company"), reports that it has filed with the TSX Venture Exchange ("TSXV" or the "Exchange") to complete a shares for debt transaction. Subject to final exchange approval, the Company intends to settle $187,213 in debt to certain creditors (the "Transaction"), including accrued interest owed to converted debenture note holders, by issuing 12,480,867 common shares (the "New Shares"). The deemed price of the New Shares has been set at the market price (the last price of the common shares on the previous trading day market close, as per TSXV policy 4.3). Creditors include a Related Party (John Belfontaine, CEO and Chairman) in which the Company will issue 933,333 common shares to settle $14,000 in debenture interest accrued. Shares issued pursuant to the transaction will be subject to a mandatory hold period of four months plus one day. Post Transaction, the total issued and outstanding common shares will be 76,465,971.
Mar 27, 2024 10:15 ET
CSE Bulletin: Stock Split - UniDoc Health Corp. (UDOC)
Toronto, Ontario--(Newsfile Corp. - Le 27 mars/March 2024) - UniDoc Health Corp. has announced a two (2) for one (1) stock split of its issued and outstanding common shares. Each shareholder of record as of the close of business on the record date will receive one (1) additional share for each share held on such date.
Mar 27, 2024 10:15 ET
West High Yield (W.H.Y.) Resources Ltd. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - March 27, 2024) - West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (the "Company" or "West High Yield") is pleased to announce that its board of directors approved and authorized the grant and issuance of a total of 1,578,000 stock options (each an "Option" and collectively, the "Options") effective March 25, 2024.