AUSTIN, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced that it has closed a previously announced private placement of senior secured promissory notes (the "Notes”) in an aggregate principal amount of fifteen million dollars ($15,000,000) and warrants (the "Warrants”). The offering closed on December 4, 2024. The Notes bear interest at a rate of 11% per annum if payable in cash or, at the Company's option, 13% per annum if paid-in-kind and will mature on December 4, 2029. The Warrants are exercisable for five (5) years to purchase an aggregate of 1,750,000 shares of Common Stock at an exercise price of $0.10, subject to adjustment under certain circumstances described in the Warrants. The Company is utilizing the proceeds of the offering for balance sheet support, growth acceleration and general corporate purposes. About FTC Solar Inc. Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar's innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage. FTC Solar Contact: Bill Michalek Vice President, Investor Relations FTC Solar T: (737) 241-8618 E: [email protected] Forward-Looking Statements This press release contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as "may,” "will,” "could,” "would,” "should,” "anticipate,” "predict,” "potential,” "continue,” "expects,” "intends,” "plans,” "projects,” "believes,” "estimates” and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. In addition, this press release contains statements about third parties and their commercial activity. We have not independently verified or confirmed such statements and have instead relied on the veracity of information as provided to us by such third parties related to such statements. You should not rely on our forward-looking statements or statements related to third parties or their commercial activities as predictions of future events, as actual results may differ materially from those in the forward-looking statements or statements related to third parties or their commercial activities because of several factors, including those described in more detail above and in our filings with the U.S. Securities and Exchange Commission, including the section entitled "Risk Factors” contained therein. FTC Solar undertakes no duty or obligation to update any forward-looking statements or statements related to third parties or their commercial activities contained in this release as a result of new information, future events or changes in its expectations, except as required by law.SANTA ANA, Calif., Dec. 13, 2024 (SEND2PRESS NEWSWIRE) — In a groundbreaking move for the property management and inspection industry, ( ) introduces its cutting-edge app, a pioneering digital platform designed to revolutionize the balcony inspection process. This innovative tool empowers homeowners, property managers, and Homeowner Associations (HOAs) with a streamlined, intuitive experience, eliminating inefficiencies and redefining how inspections are managed. With a user-friendly interface and advanced features, the transforms what was once a complex, time-consuming process into one that is seamless and efficient. Users can now obtain instant quotes, create and manage projects, and schedule inspections—all with just a few taps on their devices. “At DrBalcony, we are passionate about reimagining property management through technology,” said Greg, VP of Sales of DrBalcony. “The app reflects our dedication to simplifying inspections while upholding safety and compliance standards. With over 2,500 inspections completed, we’re proud to offer a solution that sets a new benchmark for convenience and reliability.” FEATURES THAT SET THE DRBALCONY APP APART The DrBalcony App is tailored to meet the specific needs of California property owners, offering features designed to ensure the integrity of balcony structures while making compliance with state laws like and more accessible than ever. Learn more: A SOLUTION BACKED BY REAL RESULTS “For years, the balcony inspection process has been frustrating and inefficient,” shared Omid, CEO of DrBalcony. “This app eliminates unnecessary complications. From instant quotes to straightforward scheduling, it’s a game-changer.” DOWNLOAD THE DRBALCONY APP TODAY The DrBalcony App is now available for download and marks a significant leap forward in property management. By addressing common pain points in the inspection process, DrBalcony ensures peace of mind for property owners, engineers, and HOAs, all while maintaining safety and compliance with California’s strict . About DrBalcony: DrBalcony leverages innovative technology to enhance balcony inspection, focusing on efficiency, safety, and customer-centric solutions. With a mission to simplify the complex, DrBalcony has become a trusted name in the balcony inspection industry, ensuring compliance and safety standards are met with ease. Learn more: . Your property’s safety has never been simpler—download the DrBalcony App today! NEWS SOURCE: DrBalcony Keywords: Real Estate, DrBalcony, Balcony Inspections, home inspection, safety, app, solution, service, SB 326, SB 721, SANTA ANA, Calif. This press release was issued on behalf of the news source (DrBalcony) who is solely responsibile for its accuracy, by . Information is believed accurate but not guaranteed. Story ID: S2P122836 APDF15TBLLI To view the original version, visit: © 2024 Send2Press® Newswire, a press release distribution service, Calif., USA.
SÃO PAULO , Dec. 3, 2024 /PRNewswire/ -- Sigma Lithium Corporation (TSXV/NASDAQ: SGML, BVMF: S2GM34) (" Sigma Lithium " or the " Company "), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon-neutral, socially and environmentally sustainable lithium concentrate, announces that it is in the process of loading 27,500 tonnes of its already produced Quintuple Zero Green Lithium for shipment from the Port of Vitoria to IRH Global Trading LTD in Abu Dhabi , demonstrating its increased operational excellence and its ability to meet both operational and sales targets. The provisional price (6% Li 2 O, CIF China) for this shipment is set at 8.25% of the battery-grade lithium carbonate price quoted on the Guangzhou Futures Exchange (GFEX) as of the shipment date. Sigma Lithium's operational and shipping consistency highlights the Company's robust production capabilities following the successful implementation of several efficiency initiatives at the Greentech Industrial Plant during the four-day annual maintenance shutdown in November. During this month we achieved continuous production of over 850 tonnes per day of lithium oxide for several consecutive days, reaching peak days of 900 tonnes per day, demonstrating the enhanced production capabilities of the Greentech Industrial Plant. As a result, the annualized production run rate reached full capacity of 270,000 tonnes and the Company expects to maintain this annualized production level going forward. " Our ability to maintain a consistent monthly shipment cadence is a clear reflection of our operational excellence, and reliability as a mature producer. It also highlights the stability we have achieved in the use of our proprietary dense media separation technology to produce lithium oxide at our Greentech Industrial Plant, " said Ana Cabral , CEO of Sigma Lithium. "We are delighted with ongoing partnership with IRH in Abu Dhabi which enhances our commercial flexibility to effectively navigate lithium demand seasonality. This collaboration enables us to capitalize on every opportunity to maximize business performance and secure better lithium pricing, even in the current market environment. With Phase 1 now operating at full capacity, we are working relentlessly to replicate this industrial success as we move forward with the construction of our second Greentech Industrial Production Plant. " ABOUT SIGMA LITHIUM Sigma Lithium (TSXV/NASDAQ: SGML, BVMF: S2GM34) is a leading global lithium producer dedicated to powering the next generation of electric vehicle batteries with carbon-neutral, socially and environmentally sustainable chemical-grade lithium concentrate. Sigma Lithium is one of the world's largest lithium producers. The Company operates at the forefront of environmental and social sustainability in the electric vehicle battery materials supply chain at its Grota do Cirilo Operation in Brazil . Here, Sigma produces Quintuple Zero Green Lithium at its state-of-the-art Greentech lithium beneficiation plant, delivering net zero carbon lithium, produced with zero carbon intensive energy, zero potable water, zero toxic chemicals and zero tailings dams. Phase 1 of the Company's operations entered commercial production in the second quarter of 2023. The Company has issued a Final Investment Decision, formally approving construction to double capacity to 520,000 tonnes of lithium concentrate through the addition of a Phase 2 expansion of its Greentech Plant. For more information about Sigma Lithium, visit https://www.sigmalithiumresources.com/ Sigma Lithium LinkedIn: Sigma Lithium Instagram: @sigmalithium Twitter: @SigmaLithium FORWARD-LOOKING STATEMENTS This news release includes certain "forward-looking information" under applicable Canadian and U.S. securities legislation, including but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes, production estimates and the operational status of the Groto do Cirilo Project, and other forward-looking information. All statements that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil ; demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company's market position and future financial and operating performance; the Company's estimates of mineral resources and mineral reserves, including whether mineral resources will ever be developed into mineral reserves; and the Company's ability to operate its mineral projects including that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable, there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company and other public filings available under the Company's profile at www.sedar.com . Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. FOR ADDITIONAL INFORMATION PLEASE CONTACT Matthew DeYoe , EVP Corporate Affairs & Strategic Development matthew.deyoe@sigmalithium.com.br Irina Axenova , Vice President Investor Relations irina.axenova@sigmalithium.com.br View original content to download multimedia: https://www.prnewswire.com/news-releases/sigma-lithiums-production-at-full-capacity-record-shipment-of-27-500t-of-quintuple-zero-green-lithium-to-abu-dhabis-irh-trading-company-302321451.html SOURCE Sigma Lithium CorporationNoneHouse Minority Leader Hakeem Jeffries (D-NY) said Friday on ABC’s “The View” that Rep. Nancy Mace (R-SC) needed an “intervention” over her objections to transgender Representative-elect Sarah McBride (D-DE) using the Capitol bathrooms designated for women. Co-host Sara Haines said, “Our country just elected the first openly transgender member of the House, and she was amazing. She came here and sat with us. Democratic Congresswoman Sarah McBride, and she’s already being targeted by GOP Representative Nancy Mace, who introduced a bill backed by House Speaker Johnson that bans trans women from using women’s facilities at the Capitol and have to point out this is not about an issue. Nancy Mace tweeted 326 times within 72 hours. This is a trolling bully, just to be clear. There’s really no two sides to that part. But why do you think mace is picking this fight, and do you have any recourse to stop it?” Jefferies said, “Well, Nancy Mace clearly needs an intervention in terms of the fact that she’s chosen this fight at this moment when there are so many issues that the American people want us to work together on, deal with to improve their lives and deliver real results. Now, representative-elect McBride has handled this with grace.” Haines said, “Oh, she’s amazing.” Jefferies continued, “And, you know, and strength and perspective. She said to all of us that she came to the Congress to fight for the people of Delaware not to fight about bathrooms.” Follow Pam Key on X @pamkeyNENPrime Minister Narendra Modi on Saturday visited a labour camp here, a visit described by the External Affairs ministry as symbolic of the importance he attached to the welfare of Indian workers abroad. Modi is visiting Kuwait at the invitation of Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. His visit to Kuwait is the first for any Indian Prime Minister to this Gulf nation in 43 years. As the first programme of his visit to Kuwait, Modi visited a labour camp in Mina Abdullah area of Kuwait with a workforce of around 1,500 Indian nationals. He interacted with a cross-section of Indian workers from different states of India, enquired about their well-being, also sat at a table with some of them at the Gulf Spic Labour Camp when snacks served. On Modi's planned visit to the labour camp, the Ministry of External Affairs (MEA) had earlier said that the idea was to express "the amount of importance the government of India attaches to our workers. That is the prime purpose." Modi's visit comes months after over 45 Indians were killed in a devastating fire in a building housing foreign workers in southern Kuwait's Mangaf locality in June. 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In the last few years, the government has undertaken several technology-based initiatives such as e-Migrate portal, MADAD portal and upgraded Pravasi Bharatiya Bima Yojana for the welfare of Indian workers abroad," an MEA statement said. "Modi interacted with Indian workers & enquired about their well-being. PM's first engagement of the day signifies the importance India attaches to the welfare of Indian workers abroad," the MEA posted on X along with the photos from the event. The Indian community is the largest expatriate community in Kuwait. Indians constitute 21 per cent (1 million) of the total population of Kuwait and 30 per cent of its work-force (approx 9 lakh). Indian workers top the private sector as well as the domestic sector (DSW) work force list, according to Indian Embassy in Kuwait. The Gulf nation is among India's top trading partners, with bilateral trade valued at USD 10.47 billion in the financial year 2023-24. Kuwait is India's sixth largest crude supplier, meeting three per cent of the country's energy needs. Indian exports to Kuwait reached USD 2 billion for the first time, while investments by the Kuwait Investment Authority in India exceed USD 10 billion. India and Kuwait have enjoyed traditionally friendly relations, with links dating back to pre-oil Kuwait when maritime trade with India was the backbone of its economy, the MEA had said ahead of Modi's visit. (You can now subscribe to our Economic Times WhatsApp channel )
By David Shepardson and Richard Cowan WASHINGTON (Reuters) -U.S. government agencies held a classified briefing for all senators on Wednesday on China’s alleged efforts known as Salt Typhoon to burrow deep into American telecommunications companies and steal data about U.S. calls. The FBI, Director of National Intelligence Avril Haines, Federal Communications Commission Chair Jessica Rosenworcel, the National Security Council and the Cybersecurity and Infrastructure Security Agency were among the participants in the closed-door briefing, officials told Reuters. Democratic Senator Ron Wyden told reporters after the briefing he was working to draft legislation on this issue, while Senator Bob Casey said he had “great concern” about the breach and added it may not be until next year before Congress can address the issue. Republican Senator Rick Scott expressed frustration with the briefing. “They have not told us why they didn’t catch it; what they could have done to prevent it.” Separately, a Senate Commerce subcommittee will hold a Dec. 11 hearing on Salt Typhoon and how “security threats pose risks to our communications networks, and review best practices.” The hearing will include Competitive Carriers Association CEO Tim Donovan. There is growing concern about the size and scope of the reported Chinese hacking into U.S. telecommunications networks and questions about when companies and the government can assure Americans over the matter. A U.S. official told reporters a large number of Americans’ metadata has been stolen in the sweeping cyber espionage campaign, adding dozens of companies across the world had been hit by the hackers, including “at least” eight telecommunications and telecom infrastructure firms in the United States. “The extent and depth and breadth of Chinese hacking is absolutely mind-boggling — that we would permit as much as has happened in just the last year is terrifying,” said Senator Richard Blumenthal. Incoming FCC Chair Brendan Carr said Wednesday he will work “with national security agencies through the transition and next year in an effort to root out the threat and secure our networks.” U.S. officials have previously alleged the hackers targeted Verizon, AT&T, T-Mobile, Lumen and others and stole telephone audio intercepts along with a large tranche of call record data. T-Mobile said it does not believe hackers got access to its customer information. Lumen said there is no evidence customer data was accessed on its network. Verizon CEO Hans Vestberg, AT&T CEO John Stankey, Lumen CEO Kate Johnson and T-Mobile took part in a Nov. 22 White House meeting on the issue. Verizon said “several weeks ago, we became aware that a highly sophisticated, nation-state actor accessed several of the nation’s telecom company networks, including Verizon” adding the incident was focused on a very small subset of individuals in government and politics. AT&T said it is “working in close coordination with federal law enforcement, industry peers and cyber security experts to identify and remediate any impact on our networks.” Chinese officials have previously described the allegations as disinformation and said Beijing “firmly opposes and combats cyber attacks and cyber theft in all forms.” CISA told reporters on Tuesday that it could not offer a timetable for ridding America’s telecom networks of all hackers. “It would be impossible for us to predict when we’ll have full eviction,” CISA official Jeff Greene said. (Reporting by David Shepardson; editing by Jason Neely, Jonathan Oatis and Diane Craft) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
US homelessness up 18% as affordable housing remains out of reach for many people
Former Green Party leader Caroline Lucas has also resigned as vice-president of the animal welfare organisation, with both of them expressing their “sadness” over leaving the roles. It comes after an Animal Rising investigation made claims of cruelty at “RSPCA Assured” slaughterhouses in England and Scotland, with the campaign group sharing footage of alleged mistreatment. RSPCA Assured is a scheme whereby approved farms must comply with the organisation’s “stringent higher welfare standards”, according to its website. Mr Packham shared the news of his resignation on social media, saying: “It is with enormous sadness that I have resigned from my role as president of the RSPCA. “I would like to register my respect and admiration for all the staff and volunteers who work tirelessly to protect animals from cruelty.” Ms Lucas said she and Mr Packham failed to get the charity’s leadership to act. She posted on X, formerly Twitter: “With huge sadness I’m resigning as VP of the RSPCA, a role I’ve held with pride for over 15 years. “But their Assured Schemes risk misleading the public & legitimising cruelty. “I tried with @ChrisGPackham to persuade the leadership to act but sadly failed.” In June, the RSPCA commissioned an independent review of 200 farms on its assurance scheme which concluded the scheme was “operating effectively” to assure animal welfare on member farms. Following Animal Rising’s release of footage last week, the charity said it was “appalled” by what was shown, adding that it launched an immediate investigation and suspended three slaughterhouses from the scheme. In the wake of Mr Packham and Ms Lucas’ resignations, an RSPCA spokesperson said it is “simply not true” that the organisation has failed to take urgent action. They said: “We agree with Chris and Caroline on so many issues and have achieved so much together for animals, but we differ on how best to address the incredibly complex and difficult issue of farmed animal welfare. “We have discussed our work to drive up farmed animal welfare standards openly at length with them on many occasions and it is simply not true that we have not taken urgent action. “We took allegations of poor welfare incredibly seriously, launching an independent review of 200 farms which concluded that it was ‘operating effectively’ to improve animal welfare. “We are taking strong steps to improve oversight of welfare, implementing the recommendations in full including significantly increasing unannounced visits, and exploring technology such as body-worn cameras and CCTV, supported by £2 million of investment.” The charity insisted that while 94% of people continue to choose to eat meat, fish, eggs and dairy, it is the “right thing to do” to work with farmers to improve the lives of animals. “RSPCA Assured visit all farms on the scheme every year, but last year just 3% of farms were assessed for animal welfare by state bodies,” the spokesperson continued. “No-one else is doing this work. We are the only organisation setting and regularly monitoring animal welfare standards on farms. “We have pioneered change through RSPCA Assured, which has led to improvements throughout the industry including CCTV in slaughterhouses, banning barren battery cages for hens and sow stalls for pigs, giving salmon more space to swim and developing slower growing chicken breeds who have better quality of life.”With Ottawa's first notable snowfall expected Wednesday, the City of Ottawa says it will be closing the Chief William Commanda Bridge for the season. "Starting tomorrow, December 4, the Chief William Commanda Bridge will be closed for the 2024/2025 winter season as it will be unsafe for public use," the City of Ottawa said Tuesday in a post on social media . "New gates have been installed and will be used to open and close the bridge in the spring and fall as required." Ottawa is expected to receive around 10 cm of snow Wednesday. A winter weather travel advisory is in effect. The popular pedestrian and cycling crossing over the Ottawa River was not designed for winter use. City staff say they have looked into de-icing products, but none has been found to be suitable for the type of structure or the location of the bridge within the source water protection zone. A memo issued in early November said the city is not considering grooming snow for winter sports this year. The city said below-average levels of snowfall and higher than normal temperatures last winter made it impossible to assess the feasibility of alternate maintenance to accommodate winter activities. The span across the Ottawa River, known formerly as the Prince of Wales Bridge, opened as a new multi-use pathway for cyclists and pedestrians during the summer of 2023 after a $23.9 million renovation. --With files from CTV News Ottawa's William Eltherington Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. 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Singh won't support Conservative non-confidence motion that uses his own words NDP Leader Jagmeet Singh says he won't play Conservative Leader Pierre Poilievre's games by voting to bring down the government on an upcoming non-confidence motion. Calgary man who drove U-Haul over wife sentenced to 15 years A Calgary man who killed his wife in 2020 when he drove over her in a loaded U-Haul has been sentenced to 15 years behind bars. Canada Post strike: Kids no longer need to mail their letters to Santa by the end of the week Canada Post says it has removed the deadline for its Santa Claus letter program amid an ongoing national workers' strike that has halted mail delivery leading up to the holiday season. Opposition leaders talk unity following Trudeau meeting about Trump, minister calls 51st state comment 'teasing' The prime minister’s emergency meeting with opposition leaders on Tuesday appears to have bolstered a more united front against U.S. president-elect Donald Trump’s tariff threats. Another case of 'zombie deer' disease confirmed in B.C.'s Kootenays Health officials have confirmed a fourth case of chronic wasting disease in B.C.’s Kootenay region, prompting calls for a swift cull to prevent further spread. Man severely injured saving his wife from a polar bear attack in the Far North A man was severely injured Tuesday morning when he leaped onto a polar bear to protect his wife from being mauled in the Far North community of Fort Severn. Video shows 'completely unprovoked' stranger attack in Vancouver, police say Police in Vancouver are searching for witnesses after a seemingly random and unprovoked assault was captured on video in the city's downtown core. South Korea lifts president's martial law decree after lawmakers vote against it South Korean President Yoon Suk Yeol's government early Wednesday lifted the martial law he imposed during a tense night of political drama in which troops surrounded parliament and lawmakers voted to reject military rule. Atlantic Snow, rain, and wind expected for Maritimes this week with early December storm A developing low pressure skirting colder air in place across eastern parts of the country will bring snow, rain, and wind to the Maritimes on Thursday. Cape Breton investigating last year of municipal credit card transactions The Cape Breton Regional Municipality (CBRM) is investigating more than a year of transactions on a legislative credit card due to a lack of documents. N.B. woman dies after hit and run in Notre-Dame: RCMP A 40-year-old New Brunswick woman has died after she was struck by a vehicle in Notre-Dame, N.B. Toronto Walking pneumonia cases in Ontario have nearly tripled since 2019: report The number of walking pneumonia cases seen in Ontario this year is triple the amount of what was reported in 2019, before the COVID-19 pandemic. Process around Ontario Place redevelopment was 'unfair' and didn't follow rules: AG Ontario's auditor general is slamming the Ford government for failing to follow proper process around the redevelopment of Ontario Place, including a revelation that senior staff communicated directly with Therme Canada and other applicants while proposals were still being accepted. Winter weather travel advisory: Toronto expected to see its first snowfall Wednesday Toronto is expecting its first snowfall of the season this week. Environment Canada has issued a winter weather advisory for the city, advising of snow accumulations near five centimetres on Wednesday. Montreal Despite devastating poll, Quebec Premier Legault confident he’s here to stay Despite a devastating poll, Premier François Legault is confident that he will lead the CAQ troops into the next electoral battle in two years' time. Quebec doctors who refuse to stay in public system for 5 years face $200K fine per day Quebec's health minister has tabled a bill that would force new doctors trained in the province to spend the first five years of their careers working in Quebec's public health network. Quebec prisons on lockdown after correctional officer severely beaten Quebec prisons were in lockdown on Tuesday after a correction officer at the Sorel-Tracy detention centre was attacked this week. Northern Ontario Man severely injured saving his wife from a polar bear attack in the Far North A man was severely injured Tuesday morning when he leaped onto a polar bear to protect his wife from being mauled in the Far North community of Fort Severn. 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Leamington man facing several firearms charges Essex County OPP have charged a 42-year-old man with firearms-related offences following the execution of a warrant in Leamington. London 'A real gamut': LHSC highlights number of serious seasonal injuries ahead of the holiday season As we head into the heart of the holiday season, experts at London Health Sciences Centre (LHSC) are cautioning the public in order to help prevent serious injuries. Tire shops 'spinning' with winter tire changeover demand London tire and automotive shops remain caught off guard by the sudden arrival of winter. 'We can’t wait for perfection': Local advocates respond to AG’s criticism of province’s plan to fight homelessness and addiction Local advocates for the province’s new strategy to fight homelessness and addiction came to its defence Tuesday. Kitchener Why Wilmot is proposing a $580 tax increase in its 2025 draft budget The Township of Wilmot has released its 2025 draft budget which included a one-time capital infrastructure investment. Teddy Bear Toss happening tonight at the Aud Calling all Kitchener Rangers fans! The Teddy Bear Toss returns for tonight's game against the Brantford Bulldogs. Guelph Police looking for missing pregnant woman Guelph Police are asking for help as they search for a missing pregnant woman. Barrie Snow-clearing efforts stalled due to tractor-trailers stuck on many roads along Highway 11 Snow-clearing efforts continue on secondary roads that remain closed along Highway 11 on Tuesday. Woman dies in two-vehicle crash on Highway 118 in Haliburton An 87-year-old woman has died following a collision on Highway 118 in Haliburton County on Monday afternoon. Crown pushes for 6-year sentence for supervisor convicted in fatal crash case Victim impact statements were read in a Barrie courtroom on Tuesday ahead of sentencing for a man convicted of criminal negligence causing the death of a dump truck driver four years ago. Winnipeg Manitoba opening trade office in Washington, D.C. The Manitoba government is opening a trade office in Washington, D.C., next year. Every Winnipeg driver pulled over during checkstop program must give breath sample: police Every driver pulled over in Winnipeg as part of the police’s annual festive season checkstop program will have to provide a breath sample. Young Manitoba woman dies after medical emergency during dental appointment The Manitoba Dental Association (MDA) said it is investigating a critical incident where a young woman from the Morden-Winkler area died following a dental appointment. 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U of A team repurposes culinary device to improve frostbite injury outcomes University of Alberta researchers have created a device they believe could significantly reduce the number of frostbite cases that end in amputation. Gibbons man charged with child pornography offences A 23-year-old Alberta man has been charged in connection with a 10-month-long child pornography investigation. Regina Regulations around foreign ownership of Sask. farmland need better enforcement, auditor finds The Provincial Auditor of Saskatchewan is recommending that the province improve its system of monitoring sales of farmland to foreign entities. Formal expectations needed for answering 911 calls: Sask. auditor reports The Provincial Auditor assessed the Saskatchewan Public Safety Agency’s (SPSA) 911 call taking and dispatching processes for fire emergencies, focusing on the Provincial Emergency Communications Centre. Attempted murder charge laid after home invasion, series of hit and runs in Regina Two people in Regina are facing a list of charges following a series of alleged acts that include a home invasion, multiple collisions and attempted murder. Saskatoon Major power outage hits much of Saskatoon's west side A large power outage is affecting much of Saskatoon’s west side and portions of the east side of the city on Tuesday afternoon. Saskatoon city council raises property taxes 4.96% next year Saskatoon city councillors approved a municipal budget that will raise property taxes 4.96 per cent in 2025. Teenage girl among two killed in Saskatchewan First Nation house fire Vancouver BC SPCA to rescue up to 30 stray cats from one Kamloops home The BC SPCA is warning of the consequences of feeding stray cats after a person accidentally lured over 25 felines to their home in Kamloops, B.C. BREAKING | New Vancouver Art Gallery plan scrapped, board seeks new design The Vancouver Art Gallery has decided to start all over again and shelve plans for a new nine-level tower made of wood and glass, CTV News has learned. Taylor Swift fans flock to BC Place, days before Eras Tour lands in Vancouver Security fencing is going up around BC Place stadium in preparation for the final days of Taylor Swift's Eras Tour this weekend, while dozens of Swifties gather near by to feel the vibe and "breathe the same air as Taylor Swift." Vancouver Island Canadian military drones enter production, though Arctic modifications will be required Canada's first combat drones have now entered production, though the remotely piloted aircraft will require years of testing and significant modifications before the first units are delivered in 2028. Taylor Swift fans flock to BC Place, days before Eras Tour lands in Vancouver Security fencing is going up around BC Place stadium in preparation for the final days of Taylor Swift's Eras Tour this weekend, while dozens of Swifties gather near by to feel the vibe and "breathe the same air as Taylor Swift." Coroners inquest set for B.C. woman with Down Syndrome who starved to death The BC Coroners Service will hold an inquest into the death of Florence Girard, a 54-year-old woman with Down syndrome who died of starvation in 2018. Kelowna Study of 2023 Okanagan wildfires recommends limiting development in high-risk areas A study into the devastating wildfires that struck British Columbia's Okanagan region in 2023 has recommended that government and industry limit development in high-fire-risk areas. Kelowna, B.C., to host the Memorial Cup in the spring of 2026 The Western Hockey League's Kelowna Rockets will host the Memorial Cup in the spring of 2026, the Canadian Hockey League said Wednesday. 545 vehicles impounded in 332 days: BC Highway Patrol pleads for drivers to slow down Mounties with the BC Highway Patrol in Kelowna say they've impounded more than 545 vehicles for excessive speed and aggressive driving so far this year. That works out to more than 1.6 per day. Stay Connected
Carlsbad, CA, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Palisade Bio, Inc, (Nasdaq: PALI) ("Palisade,” "Palisade Bio” or the "Company”), a clinical-stage biopharmaceutical company focused on developing novel therapeutics for autoimmune, inflammatory, and fibrotic diseases, today announced the closing of its previously announced underwritten public offering for gross proceeds of approximately $5 million prior to deducting underwriting commissions and offering expenses. The offering is comprised of (i) 158,000 Class A Units with each unit consisting of (a) one share of common stock and (b) one common warrant to purchase one share of common stock (the "Common Warrants”), and (ii) 3,120,688 Class B Units with each unit consisting of (a) one prefunded common stock purchase warrant to purchase one share of common stock ("Prefunded Warrants”) and (b) one Common Warrant. The price per Class A Unit is $1.525 and the price per Class B Unit is $1.5249 (collectively, the "Offering”). The Common Warrants have an exercise price of $1.40 per share, are exercisable at issuance, and have a term expiring five years from issuance. Ladenburg Thalmann & Co. Inc. acted as sole bookrunning manager in connection with this Offering. In addition, the Company has granted the underwriter a 45-day option to purchase up to 491,803 additional shares of common stock and/or Common Warrants, solely to cover over-allotments, if any, at the public offering price less the underwriting discounts and commissions. In connection with the Offering, the Company has elected to reprice approximately one million previously issued warrants to $1.40 per share. The gross proceeds from the Offering to the Company, before deducting underwriting discounts and commissions and other Offering expenses and excluding any proceeds that may be received upon the exercise of the Common Warrants and the exercise of the underwriter's option to purchase additional shares of common stock and/or Common Warrants, were approximately $5 million. The Company currently intends to use the net proceeds of the Offering primarily to fund our Phase 1 clinical trial of PALI-2108, pre-clinical studies, research and development, and working capital. The securities were offered pursuant to a registration statement on Form S-1 (File No. 333-282883), which was declared effective by the United States Securities and Exchange Commission ("SEC”) on December 12, 2024. The securities may be offered only by means of a prospectus which forms part of the effective registration statement. A preliminary prospectus describing the terms of the Offering has been filed with the SEC and is available on the SEC's website located at http://www.sec.gov . A final prospectus relating to this Offering was filed by the Company with the SEC. Electronic copies of the final prospectus relating to the Offering, when available, may also be obtained by contacting Ladenburg Thalmann & Co. Inc., Prospectus Department, 640 Fifth Avenue, 4th Floor, New York, New York 10019 or by email at [email protected] . This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. About Palisade Bio Palisade Bio is a clinical-stage biopharmaceutical company focused on developing and advancing novel therapeutics for patients living with autoimmune, inflammatory, and fibrotic diseases. The Company believes that by using a targeted approach with its novel therapeutics it will transform the treatment landscape. For more information, please go to www.palisadebio.com . Forward Looking Statements This communication contains "forward-looking” statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the over-allotment option. These forward-looking statements are based on the Company's current expectations. Forward-looking statements involve risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, the intended use of net proceeds from the Offering, the extent of our cash runway; our ability to successfully develop our licensed technologies; the timing and outcome of our current and anticipated applications and studies related to our product candidates; estimates about the size and growth potential of the markets for our product candidates, and our ability to serve those markets, including any potential revenue generated; future regulatory, judicial, and legislative changes or developments in the United States (U.S.) and foreign countries and the impact of these changes; our ability to maintain the Nasdaq listing of our securities; our ability to build a commercial infrastructure in the U.S. and other markets; our ability to compete effectively in a competitive industry; our ability to identify and qualify manufacturers to provide API and manufacture drug product; our ability to enter into commercial supply agreements; the success of competing technologies that are or may become available; our ability to attract and retain key scientific or management personnel; the accuracy of our estimates regarding expenses, future revenues, capital requirements and needs for additional financing; our ability to obtain funding for our operations; our ability to attract collaborators and strategic partnerships; and the impact of any global event on our business, and operations, and supply. Any statements contained in this communication that are not statements of historical fact may be deemed to be forward-looking statements. These forward-looking statements are based upon the Company's current expectations. Forward-looking statements involve risks and uncertainties. The Company's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, the Company's ability to advance its nonclinical and clinical programs, the uncertain and time-consuming regulatory approval process; and the Company's ability to secure additional financing to fund future operations and development of its product candidates. Additional risks and uncertainties can be found in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission ("SEC”) on March 26, 2024, and the Quarterly Reports on Form 10-Q or other SEC filings that are filed thereafter, including the Registration Statement on Form S-1. These forward-looking statements speak only as of the date hereof, and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. Investor Relations Contact JTC Team, LLC Jenene Thomas 908-824-0775 [email protected]Women will make up a majority in Alaska House for first time in state history
Trump’s lawyers rebuff DA’s idea for upholding his hush money conviction, calling it ‘absurd’Delhi Traffic Police Issues Advisory Ahead Of Funeral Of Manmohan SinghCALGARY, Alberta, Dec. 03, 2024 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (" PrairieSky ”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.25 per common share, payable in cash on January 15, 2025 to shareholders of record on December 31, 2024. This dividend is designated as an "eligible dividend” for Canadian income tax purposes. About PrairieSky Royalty Ltd. PrairieSky is a royalty-focused company, generating royalty revenues as petroleum and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada. PrairieSky common shares trade on the Toronto Stock Exchange under the symbol PSK. FOR FURTHER INFORMATION PLEASE CONTACT: PrairieSky Royalty Ltd. Investor Relations (587) 293-4000 www.prairiesky.com PDF available: http://ml.globenewswire.com/Resource/Download/818920fe-8b83-4e27-9cf7-8c47f53b2b99
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