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Independent Proxy Advisory Firm Glass Lewis Recommends Latitude Uranium Shareholders Vote FOR the Arrangement Resolution with ATHA Energy

Retrieved on:

Tuesday, February 20, 2024

OTCQB, Uranium, Meeting, FRA, ISS, LUR, Concurrency, Holding company

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that Glass Lewis & Co. (“Glass Lewis”), an independent proxy advisory firm, has recommended that Latitude Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, February 27, 2024 at 10:00 a.m. (Toronto time).

Key Points:

• The Board of Directors of LUR unanimously recommends that Shareholders vote FOR the Arrangement Resolution.
TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that Glass Lewis & Co. (“Glass Lewis”), an independent proxy advisory firm, has recommended that Latitude Uranium shareholders (“Shareholders”) vote “FOR” the resolution (the "Arrangement Resolution”) to approve the previously announced arrangement (the “Arrangement”) involving the Company and ATHA Energy Corp. (“ATHA”) at the upcoming Special Meeting of Shareholders (the “Meeting”) to be held on Tuesday, February 27, 2024 at 10:00 a.m. (Toronto time).
John Jentz, Chief Executive Officer of Latitude Uranium, commented, “Having recently received a positive recommendation from ISS, we are pleased that Glass Lewis also supports the Board’s unanimous recommendation that shareholders vote “FOR” the Arrangement Resolution.
If you have questions about the Meeting matters or require voting assistance please contact Latitude Uranium‘s proxy solicitation agent, Laurel Hill Advisory Group at:

Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock

Retrieved on:

Monday, March 4, 2024

Oil, Gas, Energy, Permian, Goldman Sachs, Prospectus, Telephone, Common stock, Sale, EnCap Investments, Sales, Concurrency, Security (finance)

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Company’s management (the “Selling Stockholders”).

Key Points:

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Company’s management (the “Selling Stockholders”).
Permian Resources will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom.
The offering of Class A common stock is not conditioned upon the completion of the Concurrent OpCo Unit Purchase, but the Concurrent OpCo Unit Purchase is conditioned upon the completion of the offering.
Goldman Sachs & Co. LLC is serving as the underwriter for the offering.

Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock

Retrieved on:

Monday, March 4, 2024

Oil, Gas, Energy, Permian, Goldman Sachs, Prospectus, Telephone, Common stock, Sale, EnCap Investments, Sales, Concurrency, Security (finance)

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $15.76 per share, by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Company’s management (the “Selling Stockholders”).

Key Points:

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 48,500,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $15.76 per share, by certain affiliates of EnCap Investments L.P., NGP Energy Capital Management L.L.C., Pearl Energy Investments and Riverstone Investment Group LLC and certain members of the Company’s management (the “Selling Stockholders”).
Permian Resources will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom.
The offering of Class A common stock is not conditioned upon the completion of the Concurrent OpCo Unit Purchase, but the Concurrent OpCo Unit Purchase is conditioned upon the completion of the offering.
Goldman Sachs & Co. LLC is serving as the underwriter for the offering.

Indiva Announces Filing of Amended and Restated Offering Document and Concurrent Private Placement of up to $4.3 Million

Retrieved on:

Wednesday, February 28, 2024

Retail, Specialty, Natural Resources, Cannabis, Offerings, TSX Venture Exchange, Limited, News, Part, Sale, Warrant, Private, Indian stock exchange, National instrument, Legislation, Acceleration, Concurrency, Security (finance)

The LIFE Offering pursuant to the Amended and Restated Offering Document will consist of up to 40,000,000 units of the Company (each, a "LIFE Unit") for aggregate gross proceeds to the Company of up to $4,000,000.

Key Points:

The LIFE Offering pursuant to the Amended and Restated Offering Document will consist of up to 40,000,000 units of the Company (each, a "LIFE Unit") for aggregate gross proceeds to the Company of up to $4,000,000.
The Amended and Restated Offering Document relating to the LIFE Offering can be accessed under the Company's profile at www.sedarplus.ca and at www.indiva.com .
Prospective investors should read the Amended and Restated Offering Document before making an investment decision.
Upon closing of the Concurrent Offering, the Company may pay certain eligible finders a finder's fee of up to $400,000.

Gurobi Customers Applaud Gurobi 11.0’s Nonlinear Capabilities

Retrieved on:

Tuesday, February 27, 2024

Following the release, customers have reported that the solver is already helping them solve new kinds of real-world optimization problems.

Key Points:

Following the release, customers have reported that the solver is already helping them solve new kinds of real-world optimization problems.
With Gurobi 11.0, users can quickly identify precise, globally optimal solutions to complex nonlinear problems.
This advancement marks a significant step forward in solving real-world nonlinear problems with Gurobi.
We’re excited Gurobi can help our team tackle these problems with the latest MINLP offerings in Gurobi 11.0."

NANALYSIS ANNOUNCES UP TO $5.0 MILLION BEST EFFORTS PROSPECTUS EXEMPT OFFERING PURSUANT TO THE LISTED ISSUER EXEMPTION AND UP TO $1.0 MILLION CONCURRENT PRIVATE PLACEMENT

Retrieved on:

Wednesday, March 6, 2024

There is an offering document relating to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and at www.nanalysis.com .

Key Points:

There is an offering document relating to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and at www.nanalysis.com .
Prospective investors should read this offering document before making an investment decision.
The Company will also be simultaneously conducting a concurrent brokered "best efforts" prospectus exempt offering of Units of the Company, on the same terms as the Offering, for gross proceeds of up to approximately $1,000,000 by way of a private placement.
Certain insiders of the Company may participate in the Concurrent Offering.

Prime Drink Group Corp. Enters Into Binding Letter of Intent To Acquire Triani Canada Inc.

Retrieved on:

Monday, January 22, 2024

MONTREAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has entered into a binding letter of intent dated January 21, 2024 (the “Letter of Intent”) with 9296-0186 Québec Inc. (“9296”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”, and together with 9296, the “Vendor”) from 9296 by way of business combination (the “Proposed Transaction”).

Key Points:

MONTREAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has entered into a binding letter of intent dated January 21, 2024 (the “Letter of Intent”) with 9296-0186 Québec Inc. (“9296”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”, and together with 9296, the “Vendor”) from 9296 by way of business combination (the “Proposed Transaction”).
Founded in 2015, Triani experienced solid growth following the company’s successful foray into Québec grocery stores with its Cantini, Ettaro, and Enjoy wine brands.
Triani produces and markets Octane, Mojo, Baron, and Seagram malt-based alcoholic beverages, as well as non-alcoholic products under the Hickson brand.
There can be no assurance that the trading of Prime Shares will resume prior to the completion of the Proposed Transaction.

Aclaris Therapeutics Announces Leadership Changes and Strategic Business Review

Retrieved on:

Tuesday, January 16, 2024

ACRS, Therapy, History, Comment, Interim, Disclosure, Atopic dermatitis, Concurrency, Pharmaceutical industry

WAYNE, Pa., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Aclaris Therapeutics, Inc. (NASDAQ: ACRS), a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced leadership changes and that it is undertaking a strategic review of its business.

Key Points:

to step down as Chief Executive Officer, President and Member of Board of Directors -
WAYNE, Pa., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Aclaris Therapeutics, Inc. (NASDAQ: ACRS), a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced leadership changes and that it is undertaking a strategic review of its business.
have mutually agreed that Dr. Manion will step down as Aclaris’ Chief Executive Officer and President and member of the Board of Directors, effective immediately.
Dr. Walker is a co-founder of Aclaris, has served as a member of the Board of Directors since its inception, and previously served as Aclaris’ Chief Executive Officer until 2022.
Aclaris also reiterates the following business plans:
ATI-1777: Aclaris is seeking a development and commercialization partner for ATI-1777, its investigational topical “soft” JAK 1/3 inhibitor.

ATHA Energy Announces Proposed Acquisition of 92 Energy and Latitude Uranium and Concurrent $14 Million Financing to Create Leading Uranium Exploration Company

Retrieved on:

Thursday, December 7, 2023

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that it has: (i) entered into a definitive arrangement agreement (the “Latitude Arrangement Agreement”) with Latitude Uranium Inc. (CSE: LUR) (“Latitude”) pursuant to which ATHA proposes to acquire all of the issued and outstanding common shares of Latitude (the “Latitude Shares”) by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the “Latitude Arrangement”); and (ii) entered into a binding scheme implementation deed (the “92E SID”) with 92 Energy Limited (ASX: 92E) (“92E”) pursuant to which ATHA proposes to acquire all of the issued and outstanding fully paid ordinary shares of 92E (the “92E Shares”) by way of a scheme of arrangement pursuant to Part 5.1 of the Australian Corporations Act 2001 (Cth) (the “92E Scheme”, and together with the Latitude Arrangement, the “Transactions”). ATHA further proposes to complete one or more financings on terms further described below to raise up to approximately C$14 million in connection with the Transactions (the “Concurrent Financing”).

Key Points:

The combined company will be fully funded with $55 million4 in cash and boasts a suite of highly complementary uranium assets across the exploration spectrum.
The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."
The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
The Latitude Arrangement Agreement also provides for customary deal-protection measures, including a $1,887,357 termination fee payable by Latitude or ATHA in certain circumstances.

ATHA Energy to Acquire Latitude Uranium and 92 Energy to Create a Leading Canadian Uranium Exploration Company

Retrieved on:

Thursday, December 7, 2023

Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).

Key Points:

Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).
The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
John Jentz, Chief Executive Officer of Latitude Uranium, commented: “We are very excited to be part of such a transformative transaction to create an unparalleled uranium exploration company focused on Canada's three major uranium districts.
The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."