GlobeNewswire - News from Ontario

Euro Sun Announces Robust Definitive Feasibility Study for the Rovina Valley Gold-Copper Project in Romania

Mon, 01 Mar 2021 05:00 GMT

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce the positive results of the Definitive Feasibility Study (“DFS”) on the Colnic and Rovina open pits - the initial phase of development of its Rovina Valley Gold and Copper Project (the “Rovina Valley Project”) in Romania. Along with the DFS, the Company is also providing an updated mineral resource estimate for the Rovina Valley Project incorporating current metal prices and operating parameters. All amounts are in US dollars unless otherwise indicated.

Evergold Announces Filing of Early Warning Report

Mon, 01 Mar 2021 00:46 GMT

TORONTO, Feb. 28, 2021 (GLOBE NEWSWIRE) -- This news release is being issued in connection with the filing of an early warning report (the “Early Warning Report”) pursuant to the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, regarding the change in ownership and control of common shares (the “Shares”) of Evergold Corp. (the “Company”) by Charles Greig (the “Acquiror”). The Issuer’s head office address is located at 18 King Street East, Suite 902, Toronto, Ontario, M5C 1C4.

Digihost Announces Purchase of Shares by CEO, Michel Amar, for $3.344 Million

Sun, 28 Feb 2021 23:00 GMT

TORONTO, Feb. 28, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce that that Michel Amar, director and Chief Executive Officer of Digihost, has purchased an aggregate of 1,520,000 subordinate voting shares in the capital of Digihost (“SV Shares”) in a private transaction with escrowed shareholders at CAD$2.20 per SV Share, for aggregate consideration of CAD$3,344,000 (the “Share Acquisition”). A total of 1,127,328 SV Shares are currently held in escrow. The transfer is subject to TSX Venture Exchange approval. As a result of this acquisition, Michel Amar has ownership, control and direction through his holding companies of 14,475,716 SV Shares, representing 31.81% of the issued and outstanding shares of the class on a non-diluted basis, and 32.91% of the issued and outstanding shares of the class on a partially diluted basis, as well as 10,000 proportional voting shares (“PV Shares”) which represent 100% of the PV Shares.

Mandalay Resources Corporation tillk?nnager resultatrapporten f?r fj?rde kvartalet och hel?ret 2020

Sat, 27 Feb 2021 07:53 GMT

TORONTO, Feb. 27, 2021 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (”Mandalay” eller ”bolaget”) (TSX: MND, OTCQB: MNDJF) ?r glada ?ver att tillk?nnage resultatrapporten f?r fj?rde kvartalet och hel?ret som slutade den 31 december 2020.

Bunker Hill Mining Intercepts Near Surface, High-grade Silver

Sat, 27 Feb 2021 02:09 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR) is pleased to report that it has intercepted high grade silver mineralization in the UTZ area of the Bunker Hill Mine, with a silver equivalent grade of 1,206 g/t AgEq as detailed in Table 1 below. This area is near surface, in close proximity to existing infrastructure, and located within a larger mineralized zone which was historically thought to not contain high-grade silver.

WeedMD Files Amended Third Quarter 2020 Interim Financial Statements

Sat, 27 Feb 2021 01:08 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, announced today that it has amended and re-filed its unaudited reviewed interim financial statements for the three and nine months ended September 30, 2020 (the “Amended Financial Statements”), along with a corresponding restated management’s discussion and analysis (together with the Amended Financial Statements, the “Amended Financial Reports”). The Amended Financial Reports have been amended to recognize an impairment in the amount of $34,800,000 on goodwill, intangibles and property, plant and equipment and certain other non-material changes and were the result of management and the auditor’s review of the financial statements in support of the Company’s previously announced public offering of units.

ThreeD Capital Inc. Acquires Securities of Windfall Geotek Inc.

Sat, 27 Feb 2021 00:06 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it has acquired ownership and control of an aggregate of 8,889,500 common shares (the “Subject Shares”) and 1,000,000 common share purchase warrants (the “Subject Warrants” and together with the Subject Shares, the “Subject Units”) of Windfall Geotek Inc. (“Windfall”) through a series of transactions ending on February 19, 2021. The Subject Shares represented approximately 10.0% of all issued and outstanding common shares of Windfall as of February 26, 2021 immediately following the transaction described above (or approximately 11.0% on a partially diluted basis, assuming exercise of the Subject Warrants only).

A year of progress as Amarillo meets key milestones for Posse Gold Project in 2020

Fri, 26 Feb 2021 23:08 GMT

This news release should be read in conjunction with our consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2020. Both are available at www.amarillogold.com, and under our company profile at www.sedar.com.

Fairfax India Completes US$500 Million Senior Notes Offering

Fri, 26 Feb 2021 22:19 GMT

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Char Announces Annual General Meeting Details

Fri, 26 Feb 2021 22:19 GMT

Not for distribution in the United States or through United States wire services.

Early Warning Release

Fri, 26 Feb 2021 22:18 GMT

All amounts in Canadian dollars unless otherwise stated.

POCML 5 and Collective Mining Close First Tranche of $15 Million Subscription Receipt Financing and Enter into Definitive Agreement to Complete Qualifying Transaction

Fri, 26 Feb 2021 22:13 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- POCML 5 Inc. (TSXV: PCML.P) (the “Company” or “POCML5”) is pleased to announced that, further to its news releases dated November 30, 2020 and January 21, 2021 announcing the proposed business combination whereby POCML5 will acquire 100% of the issued and outstanding securities of Collective Mining Inc. (“Collective”), with such transaction constituting the “Qualifying Transaction” of POCML5 under the policies of the TSX Venture Exchange (“TSXV”) (the “Proposed Transaction”), each of POCML5 and Collective have completed tranche one of their previously announced non-brokered private placements to raise aggregate gross proceeds of $14,000,000 through the sale of: (i) 12,775,000 subscription receipts of Collective (the “Collective Subscription Receipts”) at an issue price of $1.00 per Collective Subscription Receipt for gross proceeds of $12,775,000; and (ii) 4,900,000 subscription receipts of POCML5 (the “POCML5 Subscription Receipts”, and together with the Collective Subscription Receipts, the “Subscription Receipts”) at an issue price of $1.00 (on a post-Consolidation (as such term is defined below) basis) per POCML5 Subscription Receipt for gross proceeds of $1,225,000 (collectively, the “Offering”). An additional 1,000,000 Collective Subscription Receipts are expected to be issued by Collective in mid-March as part of the second and final tranche of the Offering resulting in aggregate gross proceeds raised in the Offering of $15 million.

Fairfax Announces Early Redemption of Senior Notes Due October 14, 2022 and March 22, 2023

Fri, 26 Feb 2021 22:02 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that, on March 28, 2021, it is redeeming all of its outstanding 5.84% senior notes due October 14, 2022 (the “2022 Notes”) at a redemption price of 106.999% of the principal amount of the 2022 Notes plus accrued and unpaid interest, if any. There is C$446 million principal amount of 2022 Notes currently outstanding.

Animal Alliance of Canada sends lawyer’s letter to Ontario’s Ministry of Natural Resources and Forestry regarding illegality of wildlife-killing contest in Belleville

Fri, 26 Feb 2021 21:54 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Animal Alliance of Canada, along with allied organizations, has yet again hired lawyer, Peter Copeland, to compose a letter opposing wildlife-killing contests in Ontario.

Titan Mining Updates Reporting at Mineral Ridge

Fri, 26 Feb 2021 20:50 GMT

VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces that in satisfying the reporting requirements of the British Columbia Securities Commission Titan commissioned an independent consultant to prepare a technical report on the Mineral Ridge Project.

Andrew Peller Limited Announces Acquisition of Niagara’s the Riverbend Inn

Fri, 26 Feb 2021 19:00 GMT

GRIMSBY, Ontario, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”) announced today that it has acquired The Riverbend Inn and Vineyard in Niagara-on-the-Lake, Ontario. This historic and well-located property, containing 17 acres of prime vineyards and a 21- room hotel and restaurant, is situated directly adjacent to the Company’s Peller Estates Winery. Located at the corner of John Street and Niagara River Parkway, the Georgian-style inn was opened in 2004 and has a successful and profitable track record as a destination of choice for visitors to the Niagara Region. The Company paid $10.0 million for 100% ownership of the business assets and the property.

EllisDon’s ABEEL Announces Winners for National Shaping the Future Sponsorship Program

Fri, 26 Feb 2021 17:04 GMT

Mississauga, ON, Feb. 26, 2021 (GLOBE NEWSWIRE) -- EllisDon's Alliance of Black Employee Experience and Leadership (ABEEL) held the inaugural virtual ‘Shaping The Future Sponsorship Program’ event live on Thursday, February 25 to announce the winners behind the scholarship program.

Ehave Inc. Reaches Milestone; Ketamine IV Therapy Provider KetaDASH to Launch Beta in Second Quarter 2021

Fri, 26 Feb 2021 16:39 GMT

KetaDASH plans to launch beta trial of its ketamine IV therapy using advanced vein technology.

KetaDASH plans to launch beta trial of its ketamine IV therapy using advanced vein technology.

Routemaster Capital Inc. Announces Name Change to DeFi Technologies Inc. and AGM Results

Fri, 26 Feb 2021 16:32 GMT

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- DeFi Technologies Inc. (formerly Routemaster Capital Inc.) (the “Company” or “DeFi Technologies”) (NEO: DEFI, GR: RMJR) is pleased to announce that the nominees listed in the management proxy circular dated February 26, 2021 for the 2020 Annual Meeting of shareholders of DeFi Technologies (the “Meeting”) were elected as directors of the DeFi Technologies. Detailed results of the vote for the election of directors held at the Meeting on February 26, 2021 in Toronto, Ontario are set out below.

Elixxer Ltd. Provides Corporate Update

Fri, 26 Feb 2021 16:01 GMT

MONTRÉAL, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Elixxer Ltd. (TSX-V: ELXR) (OTC-QB: ELIXF) (FRA: 2LQA) (“Elixxer” or (the “Company”) wishes to announce that it has been in discussions with YA II PN, Ltd. and Riverfort Global Opportunities PLC (the “Lenders”) over claims that Elixxer is in default under the terms of its previously announced convertible loan agreement with the Lenders (see press release dated March 17, 2020). Negotiations towards arriving at a resolution are ongoing; however, if such negotiations prove to be unsuccessful, it may result in the Lenders instituting default proceedings against the Company in order to recover amounts owing pursuant to the loan in the amount of US$1,078,698, including accrued interest thereon. Although Elixxer has so far made several attempts to settle matters with the Lenders, including negotiations on the repayment of the amount owed, including payments consisting of cash and shares, it does not have the ability at present to repay the full amount in cash.