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Day: December 23, 2019

JOYY Inc. Announces Name Change Effectiveness

GUANGZHOU, China, Dec. 24, 2019 (GLOBE NEWSWIRE) — JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global social media platform, today announced that it has changed its name from “YY Inc.” to “JOYY Inc.,” effective December 20, 2019. The American depositary shares, each representing 20 Class A common shares, par value US$0.00001 per share, of the Company, will begin trading under the new corporate name on December 30, 2019. The name change has no effect on the Company’s ticker symbol.About JOYY Inc.JOYY Inc. (“JOYY” or the “Company”) is a global social media platform. The Company’s highly engaged users contribute to a vibrant social community by creating, sharing, and enjoying a vast range of entertainment content and activities. JOYY enables users...

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Cabot Microelectronics Corporation Announces Refinancing of Term Loan Facility

Aurora, IL, Dec. 23, 2019 (GLOBE NEWSWIRE) — Cabot Microelectronics Corporation (Nasdaq: CCMP) today announced that it has amended its credit agreement entered into on November 15, 2018 to reduce the interest rate on borrowings under the agreement’s term loan facility by 25 basis points. The new term loan facility of the amended credit agreement has an aggregate principal amount of $957.0 million and bears interest at a rate per annum equal to, at the company’s option, either (a) a London Inter-bank Offered Rate (“LIBOR”), subject to a 0.00% floor, or (b) a base rate, in each case plus an applicable margin of 2.00% for LIBOR loans and 1.00% for base rate loans. “We are proud to report a successful refinancing of our credit facility, which will deliver savings of approximately $2 million in interest...

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Magnolia Colombia Announces Termination of Letter of Intent With Lendified

TORONTO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Magnolia Colombia Limited (“Magnolia” or the “Company”) (TSXV: MCO) announces that its letter of intent with Lendified Holdings Inc. (“Lendified”) entered into on November 7, 2019 (the “LOI”), has been terminated pursuant to its terms effective immediately.  Pursuant to the LOI, Magnolia and Lendified were to complete a business combination that would result in a reverse take-over of Magnolia.Magnolia continues to pursue other business opportunities. About Magnolia Colombia Limited:Magnolia Colombia Limited is a Canadian independent oil exploration company.For further information, please contact: James Lanthier, President & CEO of the Company.Email: james.lanthier1@gmail.comPhone: 416-861-5886NEITHER THE TSX VENTURE EXCHANGE...

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Explor Announces Completion of Amalgamation with Pure Nickel (Now Galleon Gold Corp.)

ROUYN-NORANDA, Quebec, Dec. 23, 2019 (GLOBE NEWSWIRE) — Explor Resources Inc. (“Explor” or the “Corporation“) (TSX-V: EXS, OTC PK: EXSFF, FSE & BE: E1H1) is pleased to announce that it has completed its previously announced business combination with Galleon Gold Corp (“Galleon Gold”)(symbol: TSXV – “GGO”)(formerly Pure Nickel Inc).The transaction was accomplished by a three-cornered amalgamation. The amalgamation agreement was filed on SEDAR on November 12, 2019.   Explor amalgamated with 2227390 Alberta Ltd. (a wholly owned subsidiary of Galleon Gold) to form GGO Gold Corp.  In connection with the Amalgamation, Galleon Gold issued 95,198,612 common shares of Galleon in exchange for all of the 190,397,224  issued and outstanding shares of Explor (excluding...

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Explor annonce la réalisation de la fusion avec Pure Nickel (maintenant Galleon Gold Corp.)

ROUYN-NORANDA, Québec, 23 déc. 2019 (GLOBE NEWSWIRE) — Ressources Explor inc. (« Explor » ou la « Société ») (TSX-V : EXS, OTCPK; ESXFF, FSE &BE : E1H1) est heureuse d’annoncer qu’elle a complété le regroupement d’entreprises annoncé préalablement avec Galleon Gold Corp. (« Galleon Gold ») (symbole :- bourse de croissance TSX : « GGO ») (anciennement Pure Nickel Inc).. L’opération a été effectuée par une fusion triangulaire. . La convention de fusion a été déposée sur  SEDAR  le 12 novembre 2019. Explor a fusionné avec 2227390 Alberta Ltd. (une filiale à part entière...

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Ponce De Leon Foundation Announces Grant Awards

BRONX, N.Y., Dec. 23, 2019 (GLOBE NEWSWIRE) — The Board of Directors of the Ponce De Leon Foundation is pleased to announce that it has awarded a total amount of $446,000 to nonprofits that are making a difference in our communities:Act Now Foundation: $6,000 for the Alzheimer’s Care Project-Aging in Place.Astoria/Queens SHARE-ING & CARE-ING: $30,000 for the Bilingual Breast Cancer Education, Community Research & Support Services. BronxNet: $35,029 for the BronxNet On-Site Youth Media Training/Trainer.           Brooklyn Botanic Gardens: $25,000 for the Greenest Block in Brooklyn Contest.Business Outreach Center Network, Inc.: $15,000 for the Brooklyn and Bronx Women’s Business Center.Civitas: $25,000 for Civitas Community Revitalization Program.                  Daniel’s...

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Contango Announces Closing of Private Equity Capital Raise

HOUSTON, Dec. 23, 2019 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that it has closed its previously announced private placement of 19,000,000 shares of common stock and 2,340,000 shares of Series C preferred stock. The Company received gross proceeds of approximately $53.35 million, which it intends to use for general corporate purposes, including capital expenditures under the Company’s concurrently announced Joint Development Agreement with Juneau Oil & Gas, LLC. The preferred stock ranks pari passu with the Company’s common stock and which will automatically convert into common stock upon approval of the Company’s shareholders.This press release is neither an offer to sell nor a solicitation of an offer to buy...

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Middlefield Global Real Asset Fund Announces Initial Investment in Blackstone’s Core+ Real Estate Investment LP

CALGARY, Alberta, Dec. 23, 2019 (GLOBE NEWSWIRE) — Middlefield Group is pleased to announce that the Middlefield Global Real Asset Fund (“the Fund”) (TSX: RA.UN) has completed its initial investment in Blackstone’s Core+ Real Estate Investment Limited Partnership.The Fund provides investors with exposure to attractive global real estate and infrastructure assets across both public and private markets. The initial allocation of approximately $10,000,000 to Blackstone Core+ provides direct access to an exclusive portfolio of private North American real estate assets. Access to Blackstone Core+ has traditionally been available to only large and sophisticated institutional investors.The partnership with Blackstone Group, one of the world’s largest alternative asset investment managers, builds upon Middlefield’s...

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Indiva Closes First Tranche of $4 Million Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.LONDON, Ontario, Dec. 23, 2019 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce the closing of the first tranche of its non-brokered private placement of unsecured convertible debentures (the “Debentures”) in the aggregate principal amount of $2,115,000, which forms part of its larger offering of up to the aggregate principal amount of $4,000,000 Debentures (the “Offering”).As previously announced in the Company’s December 9, 2019, news release, the Debentures will mature on the date that is 36 months from the date of issuance, bear interest at the rate of 10% per annum, computed on the basis of a 360-day year composed of twelve...

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Notification of Managers’ transactions

Company announcement no 45 – 19 23 December 2019Notification of Managers’ transactionsNTG Nordic Transport Group A/S (“NTG”) hereby announces in accordance with section 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation), to have received the following notifications from Managers’ in NTG. Stefan Ingemar Pettersson (Board member)Stefan Ingemar Pettersson has today through wholly-owned holding company Vindtunneln Holding AB, registration no. 556709-2431, acquired 154,315 shares of nominally DKK 20 in NTG for a price of DKK 89.00 per share.Jørgen Hansen (Board member)Jørgen Hansen has today through JHA Gruppen ApS (wholly-owned subsidiary of H5 Holding A/S, a wholly-owned holding company of Jørgen...

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