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Archive for September 30th, 2019

SEC Orders Blockchain Company to Pay $24 Million Penalty for Unregistered ICO

Washington, D.C.–(Newsfile Corp. – September 30, 2019) – The Securities and Exchange Commission today announced settled charges against blockchain technology company Block.one for conducting an unregistered initial coin offering of digital tokens (ICO) that raised the equivalent of several billion dollars over approximately one year. The company agreed to settle the charges by paying a […]

Blacksteel Energy Inc. Misses Repayment of Outstanding Debentures

Calgary, Alberta–(Newsfile Corp. – September 30, 2019) – Blacksteel Energy Inc. (TSXV: BEY) (“Blacksteel” or the “Corporation“) announces that it is not able to repay its outstanding convertible debentures (the “Convertible Debentures“) that were issued in September, October and November of 2015 and matured today. The Corporation had issued Convertible Debentures with an approximate principal […]

Mistango River Resources – New Meeting Time and Location

Kirkland Lake, Ontario–(Newsfile Corp. – September 30, 2019) – Mistango River Resources Inc. (CSE: MIS) (“Mistango”). Mistango’s continued annual general meeting shall be held at 11 a.m. on October 1, 2019 at the following location: Microtel Inn and Suites350 Government Road WestKirkland Lake, OntarioP2N 3L1 Mistango is a Canadian-based exploration and development company focusing on […]

West Red Lake Gold Increases Financing to $560,000

Toronto, Ontario–(Newsfile Corp. – September 30, 2019) – West Red Lake Gold Mines Inc. (CSE: RLG) (OTCQB: RLGMF) (FSE: HYK) (“West Red Lake Gold” or the “Company”) announces that it completed a non-brokered private placement of common share units and flow-through share units for aggregated gross proceeds of $560,000 increased from $440,000 previously reported on […]

Gunpowder Capital Corp. Announces Resignations of Director and CFO

Toronto, Ontario–(Newsfile Corp. – September 30, 2019) – Gunpowder Capital Corp. (CSE: GPC) (CSE: GPC.PR.A) (OTCQB: GNPWF) (FSE: YS6N) (“Gunpowder” or the “Corporation”) announced today the resignations of Mr. Paul Haber as CFO of the Corporation. The Corporation has commenced the search for a suitable fulltime replacement CFO and will announce Mr. Haber’s fulltime replacement […]

SEC Charges Hedge Fund Adviser and Top Executives With Fraud

Washington, D.C.–(Newsfile Corp. – September 30, 2019) – The Securities and Exchange Commission today charged SBB Research Group Inc., a Chicago-area hedge fund adviser and its two top executives with a multi-year fraud that inflated fund values. According to the SEC’s complaint, SBB Chief Executive Officer Samuel Barnett founded the firm in 2010 while still […]

Steppe Receives an Additional US$5 Million Deposit Under Terms of Amended Gold Stream Agreement with Triple Flag and Repays Promissory Note

Toronto, Ontario–(Newsfile Corp. – September 30, 2019) – Steppe Gold Limited (TSX: STGO) (the “Company” or “Steppe Gold”) is pleased to announce that it has entered into an agreement to amend (the “Amendment”) the terms of its existing gold stream with Triple Flag Mining Finance Bermuda Ltd. (“Triple Flag Bermuda”). Under the terms of the […]

SEC Orders an Additional 16 Self-Reporting Advisory Firms to Pay Nearly $10 Million to Investors

Washington, D.C.–(Newsfile Corp. – September 30, 2019) – The Securities and Exchange Commission today announced settled charges against 17 investment advisers for disclosure failures regarding their mutual fund share class selection practices. The firms include 16 advisers that self-reported as part of the Division of Enforcement’s Share Class Selection Disclosure Initiative and one adviser that […]

Palladium One Files Mineral Resource Estimate for the Kaukua Zone, Finland on SEDAR

Vancouver, British Columbia–(Newsfile Corp. – September 30, 2019) – Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (the “Company” or “Palladium One“) is pleased to announce that it has filed today an independently prepared resource estimate under National Instrument 43-101 for the Kaukua deposit of the Lantinen Koillismaa (“LK”) PGE-Cu-Ni project, located in north-central Finland, […]

S&P Global Ratings Raises Ratings for CUNA Mutual Group

Rating agency cites business diversification as important factor in upgrade to A+ MADISON, WI, September 30, 2019 /24-7PressRelease/ — CUNA Mutual Group today announced that S&P Global Ratings (S&P) has raised the ratings for CUNA Mutual Group and its core insurance entities, citing, among other factors, broad product diversity and a strong competitive position in […]