OTCQX

Grayscale Investments® Files S-3 Registration Statement for Grayscale Ethereum Trust

Retrieved on: 
Tuesday, April 23, 2024

Following NYSE Arca's filing of Form 19b-4 for Grayscale Ethereum Trust, Grayscale filed the Form S-3, another key filing requiring regulatory approval in the firm’s effort to uplist ETHE to NYSE Arca as a spot Ethereum ETF*.

Key Points: 
  • Following NYSE Arca's filing of Form 19b-4 for Grayscale Ethereum Trust, Grayscale filed the Form S-3, another key filing requiring regulatory approval in the firm’s effort to uplist ETHE to NYSE Arca as a spot Ethereum ETF*.
  • A registration statement relating to the shares has been filed with the SEC, but has not yet been declared effective.
  • Grayscale Investments, LLC (“Grayscale”) is the sponsor of Grayscale Ethereum Trust (the “Trust”) .
  • The Trust holds Ethereum; however, an investment in the Trust is not a direct investment in Ethereum.

The Victory Bancorp Welcomes Laurie E. Tolle to its Board of Directors

Retrieved on: 
Tuesday, April 23, 2024

PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- The Victory Bancorp, Inc. is proud to announce the addition of Laurie E. Tolle, managing partner of Maillie LLP, to its Board of Directors. Tolle brings a wealth of expertise in accounting, auditing, and professional services, along with a distinguished career of nearly three decades in the accounting industry.

Key Points: 
  • PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- The Victory Bancorp, Inc. is proud to announce the addition of Laurie E. Tolle, managing partner of Maillie LLP, to its Board of Directors.
  • Victory Bancorp is excited to have Laurie E. Tolle join its Board of Directors and looks forward to her valuable contributions in shaping the future of the company.
  • Joseph Major, Chairman of the Board and Bank Leader stated, “I'm thrilled to welcome Laurie Tolle to our board.
  • Additional information about Victory Bancorp is available on its website, VictoryBank.com .

Morris State Bancshares Announces Stock Dividend

Retrieved on: 
Tuesday, April 23, 2024

DUBLIN, Ga., April 23, 2024 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank (the “Bank”), today announced the declaration and payment of a stock dividend, effective April 23, 2024.

Key Points: 
  • DUBLIN, Ga., April 23, 2024 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank (the “Bank”), today announced the declaration and payment of a stock dividend, effective April 23, 2024.
  • Following the dividend, each shareholder as of the record date of the dividend holds five times the number of shares he or she held immediately prior to the record date for the dividend.
  • “We declared the stock dividend in order to promote more trading in our stock and make our price per share more in line with many of our peers.
  • Our focus is on growing value for our shareholders, and we want our stock price to accommodate trading in our stock as best we can.”
    Future dividends will be adjusted to reflect the stock dividend.

Gabelli Equity Income Fund Reaffirms $1.20 Distribution Policy and Announces Conversion of C1 Class

Retrieved on: 
Monday, April 22, 2024

GREENWICH, Conn., April 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of The Gabelli Equity Income Fund (the “Fund”) reaffirmed the Fund’s annual distribution rate of $1.20 per share.

Key Points: 
  • GREENWICH, Conn., April 22, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of The Gabelli Equity Income Fund (the “Fund”) reaffirmed the Fund’s annual distribution rate of $1.20 per share.
  • If Class C1 shares are not redeemed prior to the Effective Date, each shareholder owning Class C1 shares of the Fund will own Class C shares of the Fund equal to the aggregate value of the shareholder’s Class C1 shares.
  • The Gabelli Equity Income Fund is managed by Gabelli Funds, LLC and distributed by G.distributors, LLC, subsidiaries of GAMCO Investors, Inc. (OTCQX: GAMI).
  • The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

Giga Metals director Milewski resigns

Retrieved on: 
Monday, April 22, 2024

VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Mark Jarvis, CEO of Giga Metals Corp. (TSX.V: GIGA, OTCQX: GIGGF) announced today that director Anthony Milewski has resigned from the Board of Directors of Giga Metals Corp. to pursue other ventures.

Key Points: 
  • VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Mark Jarvis, CEO of Giga Metals Corp. (TSX.V: GIGA, OTCQX: GIGGF) announced today that director Anthony Milewski has resigned from the Board of Directors of Giga Metals Corp. to pursue other ventures.
  • “I want to thank Anthony for his service on the Board since 2019,” said Mr. Jarvis.
  • “He has been very helpful in providing access to capital markets and other forms of financing that enabled us to develop our project, and he has played a key role in helping us to develop our management team.”

BitMine Immersion Technologies, Inc. to Present at the Blockchain & Digital Asset Virtual Investor Conference April 25th

Retrieved on: 
Monday, April 22, 2024

Atlanta, GA, April 22, 2024 (GLOBE NEWSWIRE) -- BitMine Immersion Technologies, Inc. (OTCQX: BMNR) based in Atlanta, GA focused on mining Bitcoin in an immersion fluid environment, today announced that Jonathan Bates, CEO, will present live at the Blockchain & Digital Asset Virtual Investor Conference hosted by Alpha Transform Holdings and VirtualInvestorConferences.com, on April 25th, 2024.

Key Points: 
  • Atlanta, GA, April 22, 2024 (GLOBE NEWSWIRE) -- BitMine Immersion Technologies, Inc. (OTCQX: BMNR) based in Atlanta, GA focused on mining Bitcoin in an immersion fluid environment, today announced that Jonathan Bates, CEO, will present live at the Blockchain & Digital Asset Virtual Investor Conference hosted by Alpha Transform Holdings and VirtualInvestorConferences.com, on April 25th, 2024.
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Wesdome Provides Senior Management Update

Retrieved on: 
Monday, April 22, 2024

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces the resignation of Michael Michaud, Senior Vice President, Exploration and Resources.

Key Points: 
  • TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces the resignation of Michael Michaud, Senior Vice President, Exploration and Resources.
  • Mr. Michaud will be stepping down effective July 11, 2024, to pursue another opportunity within the precious metals sector.
  • “I would like to thank Mike for his dedication and significant contributions to the Company over the last six and a half years.
  • He has played a pivotal role in the delineation and expansion of the Kiena Deep discovery, and more recently the development and implementation of industry-leading best practices and processes,” stated Anthea Bath, President and CEO.

Blockchain & Digital Assets Virtual Investor Conference Agenda Announced for April 25th

Retrieved on: 
Monday, April 22, 2024

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Blockchain & Digital Assets Virtual Investor Conference sponsored by Alpha Transform Holdings and Blockchain Wire to be held April 25th.

Key Points: 
  • NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Blockchain & Digital Assets Virtual Investor Conference sponsored by Alpha Transform Holdings and Blockchain Wire to be held April 25th.
  • “We’re looking forward to hosting the Blockchain & Digital Assets Virtual Investor Conference this week, in collaboration with sponsors Alpha Transform Holdings and Blockchain Wire,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.
  • “The event will feature a panel on the future of digital assets, along with a roster of innovative OTCQX, OTCQB and privately held companies presenting.”
    Enzo Villani, CEO, Co-CIO, Alpha Transform Holdings, commented, "We're thrilled to partner with OTC Markets Group for the Blockchain & Digital Assets Virtual Investor Conference on April 25th.
  • This event brings together industry leaders to offer valuable educational insights on blockchain, AI and the digital assets space to the OTC Markets Group investor community."

Cannabis Market Flourishes Amid Global Legalization, Driving Concerns About Road Safety

Retrieved on: 
Monday, April 22, 2024

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Over the past decade, the cannabis market has undergone significant expansion, driven largely by a wave of legalization efforts across the United States and other parts of the world. As state and national governments reassess their legal stance on cannabis, both for medical and recreational use, the industry has seen a surge in legitimacy and economic interest. In the United States, a majority of states have legalized cannabis in some form, reflecting a shift in public opinion and an acknowledgement of the potential medical benefits and revenue generation opportunities. Globally, countries like Canada, Uruguay, and several European nations have moved towards more liberal cannabis policies, further propelling the market's growth. The financial implications of these legalization efforts are substantial and continue to evolve. According to a report by Grand View Research, the global legal cannabis market size was valued at USD 13.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), Cronos Group Inc. (NASDAQ: CRON), Canopy Growth Corporation (NASDAQ: CGC), Aurora Cannabis Inc. (NASDAQ: ACB), Curaleaf Holdings, Inc. (OTC: CURLF)

Key Points: 
  • Globally, countries like Canada, Uruguay, and several European nations have moved towards more liberal cannabis policies, further propelling the market's growth.
  • One of the primary concerns is the correlation between cannabis use and impaired driving.
  • Studies have shown that cannabis can significantly impair motor coordination, reaction times, and decision making, which are critical skills for safe driving.
  • NGC also partners with Canadian GACP cultivators to produce and distribute finished cannabis products to both the domestic and global markets.

Bonterra Announces Upsize of Brokered Private Placement to Approximately $7.8 Million

Retrieved on: 
Monday, April 22, 2024

VAL-D'OR, Quebec, April 22, 2024 (GLOBE NEWSWIRE) -- Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce that it has entered into an amending agreement with Eight Capital, as lead agent (the “Agent”), to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to (i) 21,750,000 units of the Company (the “Units”) and (ii) 5,250,000 Quebec premium flow-through units of the Company (the “FT Units”) at a price of $0.25 per Unit (the “Unit Issue Price”) and $0.445 per FT Unit (the “FT Unit Issue Price”) for aggregate gross proceeds of up to $7,773,750 (the “Offering”).

Key Points: 
  • Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant will entitle the holder thereof to acquire one Share at an exercise price of $0.31 for a period of four years from the date of issuance.
  • The Units issued pursuant to the Private Placement Offering will be subject to a four month hold period under applicable Canadian securities laws.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.