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Day: November 26, 2019

Vanstar Announces the Sale of the Assets of Its Squidbet Platform

LA PRAIRIE, Quebec, Nov. 26, 2019 (GLOBE NEWSWIRE) — The management of Vanstar Mining Resources Inc. (“Vanstar”) announces, following its press release of July 30, 2019, the signing of a letter of intent for the sale, in the form of an assignment, assets, all rights and interests of its Squidbet social platform to 56 Acquisitions Inc. (“56”), a Vancouver-based corporation.Through this non-related party transaction, 56 will acquire 100% of the assets related to the Squidbet Project for $ 500,000 payable by the issuance of common shares (each, a “56 Share”) of 56 at a deemed price of $ 0.05 per Share 56.The closing of the transaction is subject to certain conditions including satisfactory due diligence, the signing of a definitive asset purchase agreement, and the closing of a private placement...

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Vanstar annonce la vente des actifs de sa plateforme Squidbet

LA PRAIRIE, Québec, 26 nov. 2019 (GLOBE NEWSWIRE) — La direction de la société Ressources Minières Vanstar  (« Vanstar ») annonce, suite à son communiqué de presse du 30 juillet 2019, la signature d’une lettre d’intention visant la vente, sous forme de cession d’actifs, de tous ses droits et intérêts de sa plateforme sociale Squidbet à 56 Acquisitions Inc. (« 56 »), une société de capital de Vancouver.Par l’entremise de cette transaction entre parties non liés, 56 acquerra la totalité des actifs reliés au projet Squidbet en contrepartie de 500 000 $ payables par l’émission d’actions ordinaires (chacune, une « Action 56 ») du capital de 56 à un prix réputé de 0.05 $ par Action 56.La conclusion de la transaction est assujettie à certaines conditions dont la vérification diligente satisfaisante, la signature d’une convention d’achat...

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Globex’s Francoeur/Arntfield Gold Mines Update

ROUYN-NORANDA, Quebec, Nov. 26, 2019 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to announce shareholders that recently, Globex Mining Enterprises Inc. completed a program of stripping, channel sampling and diamond drilling on several areas of the Francoeur/Arntfield Gold Mines property, located 18 km west of Rouyn-Noranda, Quebec.Stripping and channel sampling 450 ZoneStripping was undertaken along the northern side of the previously stripped areas of the 450 Zone upon which channel sampling results were reported in Globex’s press release dated October 16, 2018. The newly stripped areas were pressure washed and then channel sampled.2019 Channel sample...

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Mise à jour sur le projet Francoeur/Arntfield de Globex

ROUYN-NORANDA, Québec, 26 nov. 2019 (GLOBE NEWSWIRE) — ENTREPRISES MINIÈRES GLOBEX INC. (GMX – Bourse de Toronto, G1MN – Bourses de Francfort, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz et GLBXF – International OTCQX aux É.-U.) est heureuse d’annoncer à ses actionnaires que récemment, Entreprises minières Globex Inc. a complété un programme de décapage, d’échantillonnage par rainure et de forage sur plusieurs secteurs de la propriété Francoeur/Arntfield, localisée 18 km à l’ouest de Rouyn-Noranda, Québec. Décapage et échantillonnage par rainure Zone 450 Le décapage a été effectué sur l’extension nord de la zone 450 précédemment décapée et dont les résultats de l’échantillonnage ont été divulgués dans le communiqué de presse de Globex datant du 16 octobre 2018. La nouvelle partie décapée a été lavée à haute pression...

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Morien Announces Quarterly Dividend

HALIFAX, Nova Scotia, Nov. 26, 2019 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSXV:MOX), is pleased to announce that its Board of Directors (the “Board”) have declared a dividend of $0.0025 (one quarter of one cent) per common share for the fourth quarter of 2019.  The dividend will be paid on December 20, 2019 to shareholders of record at the close of business on December 6, 2019. Morien’s quarterly dividend is intended to be step-variable in relation to Donkin Mine production expansion and coal price, having regard to the stability of cash flow and the need to maintain flexibility to secure new royalty assets.  However, the declaration, amount and timing of future dividends will be subject to the Board’s determination that the payment of a dividend is in the best...

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Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2019

ATHENS, Greece, Nov. 26, 2019 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships and tanker vessels, today reported a net loss of $18.1 million for the third quarter of 2019, compared to a net loss of $6.3 million for the same period of 2018. The loss for the third quarter of 2019 includes $17.4 million of impairment charges for one vessel, while the loss for the third quarter of 2018 includes $4.8 million of impairment charges for one vessel.Voyage and time charter revenues were $6.3 million for the third quarter of 2019, compared to $5.2 million for the same period of 2018. This increase is primarily attributable to the increase in size of the Company’s fleet following the acquisition of the tanker vessel “Blue Moon” in August 2019.Net...

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9.99% shares of Novaturas will be managed by Girteka Logistics holding company ME Investicija

ME Investicija, a controlling company of Girteka Logistics, will be managing 9.99% shares of Novaturas Group. The company has been managing 4.99% of the shares of Novaturas Group since its IPO in 2018. The transaction with the seller, The Central European Tour Operator S.a.r.l., amounts EUR 1.56 million for an additional 5% of shares. 90% shares of ME Investicija are owned by Mindaugas Raila.  The Central European Tour Operator S.a.r.l., which now owns 35.8% of Novaturas Group shares, remains a major shareholder. Central European Tour Operator S.a.r.l. is an entity owned by Polish Enterprise Fund VI, managed by Enterprise Investors. The fund invested in Novaturas in 2007 acquiring 70.7% of shares. Later in 2018, the fund sold 23.3% of shares during the IPO of Novaturas Group.  The fund announced the sale of part of its shares last week....

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9,99 proc. „Novaturo“ akcijų valdys „Girteka Logistics“ kontroliuojanti bendrovė „ME Investicija“

9,99 proc. akcijų nuo šiol valdys „Girteka Logistics“ kontroliuojanti „ME Investicija“. Nuo pernai metų pradinio viešo akcijų siūlymo bendrovė valdė 4,99 proc. „Novaturo“ akcijų. Papildomai įsigytų 5% akcijų sandorio suma – 1,56 mln. eurų. 90 proc. „ME Investicija“ akcijų valdo Mindaugas Raila.Pagrindiniu „Novaturo“ akcininku išlieka fondas „Central European Tour Operator S.a.r.l.“, kuris valdo 35,8 proc. akcijų. Tai – įmonė, priklausanti „Enterprise Investors“ valdomam fondui „Polish Enterprise Fund VI“. Į „Novaturą“ fondas investavo dar 2007-aisiais, įsigydamas 70,7 proc. akcijų, pernai 23,3 proc. akcijų pardavė viešojo akcijų siūlymo biržoje metu. Apie dalies akcijų pardavimą fondas paskelbė praėjusią savaitę. Akcijoms parduoti pasirinktas pagreitinto investuotojų paraiškų portfelio sudarymo (angl. accelerated book-building) būdas....

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Beter Bed Holding’s shareholders approve divestment Matratzen Concord

 At the Extraordinary General Meeting of 26 November 2019 the shareholders of Beter Bed Holding approved the transaction to divest Matratzen Concord. The approved transaction consists of three elements:  The approval to divest the Matratzen Concord companies in Germany, Austria and Switzerland to Magical Honour Limited.Authorisation to issue 2.15 million new shares to Magical Honour Limited.Authorisation to limit or exclude the pre-emptive rights in connection with the issuance of the new shares. The divestment is expected to complete in early December 2019. With the shareholders’ approval, all major conditions have been satisfied, following the earlier completion of due diligence. Both parties agreed to forego the voluntary notification of the German regulator, while no anti-trust filing was required. The share issuance to Magical Honour...

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Trius Updates Status of Business Combination with Starling Brands Inc.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESFREDERICTON, New Brunswick, Nov. 26, 2019 (GLOBE NEWSWIRE) — Trius Investments Inc. (“Trius”) (TSXV:TRU.H) is pleased to provide the following updates on its proposed business combination (the “Transaction”) with Starling Brands Inc. (“Starling”).Transaction UpdatesEffective September 30, 2019, the following amendments were made to the business combination agreement dated July 8, 2019 (the “Agreement”) among Trius, Starling, and Trius’ wholly-owned subsidiary 11436465 Canada Inc. (“Subco”).The deadline for the completion of the Transaction was extended from September 30, 2019 to December 31, 2019 (the “Transaction Deadline”).If the Agreement is terminated in certain circumstances, Starling will have to pay Trius a higher termination fee...

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