Day: December 20, 2019

Refinancing of Icelandair Hotels completedCompletion of the sale to Berjaya in final stagesExpected cash flow to Icelandair Group amount to USD 84 millionOn 13 July Icelandair Group signed a share purchase agreement (the “Agreement”) with a subsidiary company of Berjaya Land Berhad (“Berjaya”), whereby Berjaya acquires a 75% share in Icelandair Hotels and related hotel real estate (the “Company”). The completion of the Transaction was set for year-end 2019.Key conditions of the Agreement have now been fulfilled, among them the refinancing of the Company, as Icelandair Hotels have today entered into an agreement with Arion Bank for borrowings amounting to ISK 8.000 million (USD 65 million). Accordingly, Berjaya has already rendered to Icelandair Group USD 15 million (approx. 30%) towards...

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Paris, le 20 décembre 2019Signature d’un accord entre MBWS et COFEPP,sous conditions, en vue de faire face auxbesoins de trésorerie immédiats du groupeMarie Brizard Wine & Spirits (Euronext : MBWS) annonce aujourd’hui la signature d’un accord sous conditions avec son actionnaire majoritaire, la Compagnie Financière Européenne de Prises de Participations (COFEPP), qui détient à ce jour environ 51 % du capital et des droits de vote de MBWS. Aux termes de cet accord, COFEPP s’est engagée à financer les besoins de trésorerie de la société MBWS pour 2020, sous réserve de la réalisation de certaines conditions suspensives et dans les conditions décrites ci-après.Confrontée à des besoins de...

ROANOKE, Va., Dec. 20, 2019 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) announced Randall “Randy” Burton will join the company effective January 16, 2020 and will be appointed Vice-President, Chief Financial Officer, Treasurer and Secretary. As a member of the Company’s executive team, Mr. Burton will lead Resources’ Finance organization and will report to Paul Nester.“Randy is an experienced financial executive whose leadership and technical skills will be an immediate benefit to our Company,” stated Mr. Nester. “We are thrilled to have someone of Randy’s caliber join our team as we continue to execute our growth strategies.”In his previous role as a partner at Brown, Edwards and Company, L.L.P., Mr. Burton, a certified public accountant, served both public and private...

GAITHERSBURG, Md., Dec. 20, 2019 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) today announced that two members of its board of directors – Dr. Sue Bailey and Dr. Kathryn C. Zoon – have been recognized as WomenInc. magazine’s 2019 Most Influential Corporate Directors. “Sue and Kathy are trailblazers in their fields and continue to positively impact public health through their service on Emergent’s Board and their personal endeavors,” said Fuad El-Hibri, executive chairman of the board of directors of Emergent BioSolutions. “The strength of our board lies in the exemplar backgrounds and diverse perspectives each of our members bring and we are fortunate to have Sue and Kathy as engaged and passionate contributors.”“On behalf of the Emergent family, I would like...

TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — SBD Capital Corp. (CSE:SBD), (the “Company”) announces that it has granted an aggregate of 1,150,000 options (“Options”) to purchase common shares (each, a “Common Share”) of the Company exercisable at a price of $0.32 per Common Share for a period of three years to certain directors, officers, consultants and employees of the Company. The Common Shares issuable upon exercise of the Options are subject to a four month hold period from the original date of grant.For further information, contact Deborah Jones, Corporate Communications, at 647-946-2286 or visit the Company’s website at www.sbdcapitalcorp.com.On behalf of the Board,SBD Capital Corp.John Dyer, Interim CEO, CFO & DirectorThis news release contains certain “forward-looking information”...

MONTREAL, Dec. 20, 2019 (GLOBE NEWSWIRE) — Management of SIRIOS RESOURCES INC. (TSX VENTURE:SOI) is pleased to announce the completion of a non-brokered private placement for a total amount of $1,846,105. This amount was raised by issuing 7,744,022 Quebec flow-through shares at $0.23 per share and 361,000 federal flow-through shares at $0.18 per share. Sirios will use the proceeds of the private placement for exploration fieldwork, mainly the next winter 2020 diamond drilling campaign on its Cheechoo gold property, that qualifies as Canadian exploration expenditures.Finder’s fees of $94,468 were paid. There will be a hold period of four months and one day on all securities issued under this financing. Sirios’ president and a director participated in the financing by acquiring a total of 95,000 flow-through shares. The...

MONTRÉAL, 20 déc. 2019 (GLOBE NEWSWIRE) — Les dirigeants de RESSOURCES SIRIOS (TSX-V : SOI) ont le plaisir d’annoncer qu’ils ont procédé à la clôture d’un placement privé sans l’entremise de courtier pour un montant total de 1 846 105$. Ce montant a été récolté par l’émission de 7 744 022 actions ordinaires accréditives (Québec) à 0,23$ et de 361 000 actions ordinaires accréditives (fédéral) à 0,18 $. Le produit du placement sera utilisé principalement pour la prochaine campagne de forage au diamant d’hiver 2020 sur la propriété aurifère Cheechoo. Les travaux se qualifieront comme dépenses d’exploration...

Company Also Announces Moving Of Corporate OfficesADDISON, Texas, Dec. 20, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — MDM Permian, Inc. (OTC: MDMP) today announced that on Wednesday December 18, 2019, MDM Energy, Inc. began working on the Lindley #6103 well located in Irion County. We emptied the old heater treater of all fluids, oil and water, and moved them to the stock tank to separate. At the same time, we emptied the old fiberglass open top water tank and hauled the water off location for disposal. We are having the heater treater and water tank hauled off location as junk. New equipment is to be installed and replumbed over the holidays, as well as moving a test tank to the well in preparation for work on the Canyon Sands which is scheduled for 2020 after the New Years holiday. At that time we will trip out all the rods...

Foresight Solar & Technology VCT plc (“Company”) (formerly Foresight Solar & Infrastructure VCT Plc)Publication of a circular to shareholders of the Company including a notice of general meeting and publication of a Prospectus relating to an Offer for Subscription to raise in aggregate up to £20 million (with an over-allotment facility for up to an additional £10 million) by issues of a new class of Foresight Williams Technology Shares (“FWT Shares”) (“Offer”)SummaryThe board of the Company (“Board”) is pleased to announce the publication of a prospectus relating to the Offer. Shareholders will shortly receive a copy of a circular seeking their approval at a general meeting to various resolutions intended to facilitate the making of the Offer.Background and reasons for...