Newsfile News Releases

Newsfile News Releases

May 13, 2024 17:00 ET
Cardinal Energy Ltd. Announces May Dividend
Calgary, Alberta--(Newsfile Corp. - May 13, 2024) - Cardinal Energy Ltd. (TSX: CJ) ("Cardinal" or the "Company") confirms that its May dividend of $0.06 per common share will be paid on June 14, 2024, to shareholders of record on May 31, 2024. The Board of Directors of Cardinal has declared the dividend payable in cash. This dividend has been designated as an "eligible dividend" for Canadian income tax purposes.
May 13, 2024 17:00 ET
Greenfire Resources Announces Release Timing for Q1 2024 Results and Conference Call
Calgary, Alberta--(Newsfile Corp. - May 13, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to confirm that the release of its operating and financial results for the quarter ended March 31, 2024, is planned after the market closes on May 15, 2024. The Company has scheduled a conference call on the morning of Thursday, May 16, 2024 to discuss the results. Access details for the conference call are provided below.
May 13, 2024 17:00 ET
Resverlogix Announces Two-Year Extension of Debenture and Elimination of Conversion Privileges
Calgary, Alberta--(Newsfile Corp. - May 13, 2024) - Resverlogix Corp. (TSX: RVX) ("Resverlogix" or the "Company") announced today a two-year extension of the Company's US$6.0 million secured convertible debenture with Shenzhen Hepalink Pharmaceutical Group Co., Ltd. ("Hepalink") (and payment of accrued interest thereon), extending the maturity date to May 13, 2026. In connection with the extension, Hepalink's conversion privileges have been eliminated and the interest rate has been amended from 12% to 18% per annum, commencing on May 14, 2024. The amendment is subject to execution of definitive transaction documents, customary closing conditions and receipt of all necessary approvals including approval of the Toronto Stock Exchange.
May 13, 2024 16:51 ET
Pacific Booker Minerals Inc. Will Seek Legal Recourse
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) regrets to announce that all attempts to meet with the current leadership of the Lake Babine Nation have been ignored or dismissed out of hand. Officials in the BC Environmental Assessment Office have informed PBM that a new application would not be considered unless it was actively supported by the Lake Babine Nation ("LBN"), the closest indigenous people to the Company's wholly owned Morrison Project.
May 13, 2024 16:34 ET
CORRECTION FROM SOURCE: Gowest Gold Provides the 2nd Exploration Update on Its Phase 2 Diamond Drilling Program
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Gowest Gold Ltd. (TSXV: GWA) ("Gowest" or the "Corporation") is pleased to provide a further update on the latest assay results from Phase 2 of its previously announced surface diamond drill program at its 100% owned North Timmins Gold Project ("NTGP"). This latest work is part of the $10 Million exploration program phase, which aims to expand the mineable resource at the Bradshaw Gold deposit ("Bradshaw"), as well as to further test other parts of the Corporation's NTGP area where notable gold has also been intercepted previously (see Gowest news releases dated December 27, 2023 and March 1, 2024)
May 13, 2024 16:29 ET
Pender Harbour and Area Residents Association to Challenge Constitutional Validity of B.C.'s Declaration on the Rights of Indigenous Peoples Act (DRIPA)
Pender Harbour, British Columbia--(Newsfile Corp. - May 13, 2024) - After extensive deliberations and exclusion from government negotiations with the shíshálh Nation, the Pender Harbour and Area Residents Association (PHARA) board has instructed its legal counsel, McMillan LLP, to file proceedings in B.C. Supreme Court.
May 13, 2024 16:18 ET
Xeriant, Inc. Attends NPE 2024: The Plastics Show to Advance NEXBOARD(TM) Product Development
Boca Raton, Florida--(Newsfile Corp. - May 13, 2024) - Xeriant, Inc. (OTCQB: XERI) ("Xeriant" or "the Company"), a company dedicated to the discovery, development and commercialization of aerospace technologies and advanced materials, announced today its participation in NPE 2024: The Plastics Show. This premier event, renowned as the largest plastics trade show in the Americas, was held from May 6 to May 10, 2024, at the Orange County Convention Center in Orlando, Florida.
May 13, 2024 16:00 ET
Nicola Mining Announces Commencement of 3D IP Survey at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to announce the commencement of a 3D induced polarization survey ("3D IP Survey") at the New Craigmont Copper Project ("New Craigmont"), situated approximately 11 kilometres from Merritt, BC and adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open-pit copper mine.
May 13, 2024 16:00 ET
Seabridge Gold Files First Quarter Financial Statements and MD&A
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Seabridge Gold (TSX: SEA) (NYSE: SA) announced today that it has filed its Interim Financial Statements and Management's Discussion and Analysis for the three-month period ended March 31, 2024 on SEDAR+ (www.sedarplus.ca). These statements are also available on Seabridge's website at https://www.seabridgegold.com/investors/financial-reports.
May 13, 2024 13:30 ET
Silver Elephant Resumes OTC Pink ("SILEF") Broker-Dealer Quotation
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Silver Elephant Mining Corp. (TSX: ELEF) (OTC: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce that its common shares have resumed broker-dealer quotation on the OTC Pink market under the symbol "SILEF" following acceptance by the Financial Industry Regulatory Authority (FINRA) of a Form 211. This follows the Company's completion of voluntary deregistration of its common shares with U.S. Securities and Exchange Commission pursuant to a Form 15 filed on January 18, 2024. The Company's common shares do not trade on a national stock exchange such as NYSE or NYSE American in the United States and are not otherwise required to be registered.
May 13, 2024 13:15 ET
Kovo Announces Q4 and Annual Results
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") - a leader in healthcare technology and Billing-as-a-Service - today reported its annual financial results for the period ending December 31, 2023.
May 13, 2024 13:00 ET
Aisling Lockhart Named College of DuPage Outstanding Collegewide Adjunct Faculty Member
Glen Ellyn, Ilinois--(Newsfile Corp. - May 13, 2024) - College of DuPage Accountancy Instructor Aisling Lockhart of Downers Grove has been named the Collegewide Outstanding Adjunct Faculty Member for the 2023-2024 academic year.
May 13, 2024 13:00 ET
Cayman Story Brand Consultant Jaci Patrick Promoted to Instructor Teaches BRAND IKIGAI alongside Qamar Zaman
Grand Cayman, Cayman Islands--(Newsfile Corp. - May 13, 2024) - National website growth expert and Forbes Influencer Council member Qamar Zaman, along with Miss World Cayman Islands 2019 Jaci Patrick and a Miss Supranational 2024 contestant, are quickly gaining attention in Grand Cayman with their efforts to help local businesses grow. This initiative is rapidly becoming a prominent topic of discussion.
May 13, 2024 11:20 ET
cbdMD, Inc. to Host Conference Call to Discuss Second Quarter of Fiscal 2024 Results
Charlotte, North Carolina--(Newsfile Corp. - May 13, 2024) - cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBDpA), one of the nation's leading, highly trusted and widely recognized CBD companies, today announces that it will host a conference call at 4:20 p.m., Eastern Time, on Wednesday, May 15, 2024, to discuss the company's March 31, 2024 second quarter of fiscal 2024 financial results and business progress.
May 13, 2024 11:14 ET
SEC, FinCEN Propose Customer Identification Program Requirements for Registered Investment Advisers and Exempt Reporting Advisers
Washington, D.C.--(Newsfile Corp. - May 13, 2024) - Today the Securities and Exchange Commission and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed a new rule that would require SEC-registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to establish, document, and maintain written customer identification programs (CIPs). The proposal is designed to prevent illicit finance activity involving the customers of investment advisers by strengthening the anti-money laundering and countering the financing of terrorism (AML/CFT) framework for the investment adviser sector.Under this proposal, RIAs and ERAs would be required to implement reasonable procedures to identify and verify the identity of their customers, among other requirements, in order to form a reasonable belief that RIAs and ERAs know the true identity of their customers. The proposed rule would make it more difficult for criminal, corrupt, or illicit actors to establish customer relationships — including by using false identities — with investment advisers for the purposes of laundering money, financing terrorism, or engaging in other illicit finance activity.This proposed rulemaking complements a separate FinCEN proposal in February 2024 to designate RIAs and ERAs as “financial institutions” under the Bank Secrecy Act (BSA) and subject them to AML/CFT program requirements and suspicious activity report (SAR) filing obligations, among other requirements. That proposal cites a Treasury risk assessment that identified that the investment adviser industry has served as an entry point into the U.S. market for illicit proceeds associated with foreign corruption, fraud, tax evasion, and other criminal activities. Together, these proposals aim to prevent illicit finance activity in the investment adviser sector and further safeguard the U.S. financial system.“The proposed rule is designed to make it more difficult to use false identities to establish customer relationships with investment advisers,” said SEC Chair Gary Gensler. “I support this proposal because it could reduce the risk of terrorists and other criminals accessing U.S. financial markets to launder money, finance terrorism, or move funds for other illicit purposes.” “Criminal, corrupt, and illicit actors have exploited the investment adviser sector to access the U.S. financial system and launder funds,” said FinCEN Director Andrea Gacki. “This proposal would help investment advisers better identify and prevent illicit actors from misusing their services, while advancing a harmonized set of CIP obligations.”The rule, if adopted, would require RIAs and ERAs to, among other things, implement a CIP that includes procedures for verifying the identity of each customer to
May 13, 2024 10:48 ET
Grizzly Reports Exploration Results for the Midway Mine Area, Part of the Greenwood District Precious and Battery Metals Project, BC and Plans for 2024
Edmonton, Alberta--(Newsfile Corp. - May 13, 2024) - Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) (OTCQB: GZDIF) ("Grizzly" or the "Company") is pleased to provide an update and plans for an initial drill and trenching program at the Company's Midway Mine Area within the Company's Greenwood District Precious and Battery Metals Project, British Columbia (BC). All assay results for the 2023 rock and soil samples, including the Midway Mine Area, collected from the Company's 172,000 acre Greenwood District have been received. Significant and important high grade results for gold (Au), silver (Ag), copper (Cu), lead (Pb) and zinc (Zn) have been received from a number of important areas and targets at the Midway Mine area, explored during 2023 and prior to that in 2022. The priority list of targets includes the Midway Mine, a faulted area west of the Midway Mine (Midway West Fault), to the northeast of the Midway Mine (Midway Northeast), the Picturestone Quarry area and the Lois – Burce area to the south of the Midway Mine area (Figures 1 to 4).
May 13, 2024 10:40 ET
Enterprise Group to Host Investor Webcast May 16th
St. Albert, Alberta--(Newsfile Corp. - May 13, 2024) - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a leading provider of energy services and specialized equipment rentals to the resource sector, with a focus on CO2 and Greenhouse Gas emission reduction technologies, is pleased to announce its upcoming investor presentation via webcast.
May 13, 2024 10:11 ET
Impact Silver Upsizes Financing to $8.2 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - IMPACT Silver Corp. (TSXV: IPT) (OTC Pink: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce it is amending and increasing its previously announced non-brokered private placement from $6,200,000 to gross proceeds of up to C$8,200,000 (the "Offering") due to increased investor interest.
May 13, 2024 10:02 ET
Canadian Centre for Diversity and Inclusion Sells CCDI Consulting Inc. to Diversio
Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Canadian Centre for Diversity and Inclusion (CCDI), a leading national organization committed to educating workplaces, schools and communities on diversity, equity, inclusion (DEI), and accessibility, announced the strategic divestiture of its subsidiary CCDI Consulting Inc. ("Consulting") to Diversio, a global DEI platform. This decision deepens CCDI's commitment to focusing on its core charitable mandate and its mission to help build a more inclusive Canada by convening, educating and supporting employers, DEI practitioners, HR professionals, and communities.
May 13, 2024 09:54 ET
Cathay Enhances Lifestyle Partnership to Bring More Perks to Members Travelling to Thailand
Cathay members travelling to Thailand can now enjoy seamless two-way points conversion and exclusive member offers at ICONSIAM, Siam Paragon, Siam Centre and Siam Discovery


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