Year: 2019

DALLAS, Nov. 19, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Alternet Systems, Inc. (USOTC: ALYI) today confirmed IW Global ( www.IW-Global.com ), and ALYI’s Kenyan electric vehicle production partner started meetings in Dallas, Texas on Monday, November 18, 2019 to kick-off a joint project to raise $100 million to fund infrastructure for the ongoing production of electric vehicles in Africa.  ALYI management reported confidence today that the meetings will result in a definitive plan with a highly likely prospects for ultimate success.  ALYI management tentatively plans to issue an update on the joint project to raise $100 million to fund infrastructure for the ongoing production of electric vehicles in Africa next week on Tuesday, November 26, 2019.Separately, ALYI has already initiated and continues to develop $300 million...

PRESS RELEASE

PRESSMEDDELANDEEnligt beslut från årsstämman den 23 maj 2019, ska valberedningen för Active Biotech bestå av representanter för de, i slutet av september månad 2019, röstmässigt tre största ägarna, samt styrelsens ordförande.Valberedningen ska till årsstämman 2020 föreslå bland annat styrelseledamöter och styrelseordförande samt arvoden till styrelseledamöter och revisorer. Följande personer har utsetts till representanter för de röstmässigt största aktieägarna i valberedningen:Mats Arnhög, MGA HoldingAngela Langemar Olsson, NordstjernanPer Colleen, 4:e AP FondenValberedningen kommer under styrelseordförande Michael Shalmis ledning utarbeta förslag att föreläggas för beslut på årsstämman den 19 maj 2020.Lund den 19 november 2019Active Biotech AB (publ)Helén TuvessonVerkställande direktörFör ytterligare information, vänligen kontakta:Hans...

LAKEWOOD, N.J., Nov. 19, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTC: RELI) (“RELI” or the “Company”), today announced that Reliance Global Holdings LLC (“Reliance LLC”), RELI’s affiliated privately-owned LLC, has completed due diligence on its previously announced LOI to acquire a 260 unit multi-family property, and executed the contract to acquire these properties. Reliance LLC is formally under contract and has released from escrow all deposited funds. RELI intends to complete the acquisition of the first 117 units in January 2020.  Once completed, this will be RELI’s first acquisition in the real estate sector.The properties consist of approximately 260 total planned apartment units located in a strong market on the East Coast.  Construction of the first 117 units was completed...

DALLAS, Nov. 19, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Puration, Inc. (USOTC: PURA) today announced the meetings taking place in Dallas with a target acquisition opportunity in Latin America intended enable PURA to bottle CBD beverages in Latin America for the Latin American market are going well.  PURA management believes agreement on final terms will be forthcoming by the end of the day tomorrow.The legal Latin American cannabis market is anticipated to reach $9 billion by 2028.  Last week, PURA closed an acquisition to enable PURA to bottle CBD Beverages in Europe for the European market.  The acquisition initiative in Europe was driven by PURA recently signing a distribution agreement in Europe for its EVERx CBD Sports Water with other CBD infused beverages to follow.  The initial European distribution agreement is estimated...

NIBE Industrier AB has acquired the Serbian TIKI Group, which is one of Europe’s largest manufacturers of water heaters, since the Gorenje Group is focusing on its core business of the production and sale of major domestic appliances.TIKI, which is Serbia’s leading manufacturer of water heaters, has annual sales of approximately EUR 35 million with an EBITDA of approximately 10% and a strong market position in Eastern Europe. The company was founded in 1951 and was part of Gorenje’s corporate group. Although water heaters account for most sales, heat pumps are also included in the product range.“TIKI will strengthen our market position as one of the largest manufacturers of water heaters in Europe and we will also gain access to production capacity in Serbia. At the same time, we will increase our market presence in new interesting markets...

NIBE Industrier AB har förvärvat serbiska TIKI Group, som är en av Europas större tillverkare av varmvattenberedare, eftersom Gorenje-koncernen kommer att fokusera på sin kärnverksamhet med produktion och försäljning av hushållsapparater.TIKI, som är Serbiens ledande tillverkare av varmvattenberedare, omsätter cirka 35 MEUR med en EBITDA på cirka 10% och har en stark marknadsposition i östra Europa. Bolaget grundades 1951 och har ingått som en del i Gorenjes företagsgrupp. Även om varmvattenberedare står för huvuddelen av försäljningen ingår också värmepumpar i sortimentet.Ledningen kommer att kvarstå i sin helhet, vilket känns tryggt och det känns också bra att Gorenje kvarstår som OEM-kund samtidigt som NIBE erhåller varumärket TIKI”.                            Transaktionen kräver sedvanligt godkännande av berörd konkurrensmyndighet...

TORONTO, Nov. 19, 2019 (GLOBE NEWSWIRE) — Tintina Mines Limited (“Tintina” or the “Corporation”) (TSXV:TTS) wishes to provide supplemental disclosure to Tintina’s management information circular dated October 18, 2019 (the “Circular”) in respect of the Annual and Special Meeting of the Shareholders of the Corporation to be held at 10:00 AM (EST) on November 27, 2019. The supplemental disclosure will deal specifically with the proposed transaction (the “Transaction”) with NSR Resources Inc. (“NSR”), focusing on (i) the formation of the special committees for each of the entities involved in the Transaction, (ii) the calculation of the premium to the valuation of NSR, and (iii) the background to the Transaction. This news release should be read in conjunction with the Circular as a whole. Capitalized terms not otherwise defined herein...

SAN MATEO, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) — Franklin Templeton hosted the CEO Action “Check Your Blind Spots” mobile tour at the firm’s headquarters in San Mateo, California. The CEO Action bus enabled Franklin Templeton employees, and others in the community, to explore the nuances of unconscious bias.The tour includes a series of immersive and interactive elements including virtual reality, gaming technology and more, to take an introspective look at the unconscious biases people face on a daily basis. The goal is to create a meaningful conversation around how to be more inclusive in the workplace and community.Some of the interactive activities include:Look Through a Different Lens: Via gamification and a digital viewfinder, participants can watch an interaction between coworkers setting up a work-related event and then...

Press release 19 November 2019Svensk Hypotekspension Fond 3 AB (publ) – Updates relating to the written procedure initiated on 5 November 2019Intertrust (Sweden) AB, acting as agent (the ”Agent”), has today on the request of Svensk Hypotekspension Fond 3 AB (publ) (the ”Issuer”) sent a notice (the “Notice”) relating to the written procedure initiated on 5 November 2019 (the “Written Procedure”) for the SEK 2,000,000,000 Mortgage Backed Fixed Rate Notes with ISIN SE0007691621 issued by the Issuer on 9 February 2016 (the “Notes”), as further described in the Issuer’s press release on 5 November 2019.The Notice was sent to the direct registered owners and registered authorised nominees (förvaltare) of the Notes recorded as of 4 and 11 November 2019, respectively, in the debt ledger (skuldbok) produced by Euroclear Sweden.The Notice The purpose...