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Month: March 2020

Beslutninger på Tryg A/S´ ordinære generalforsamling 2020

Trygs ordinære generalforsamling blev afholdt i dag. På generalforsamlingen blev beretningen om selskabets virksomhed for regnskabsåret 2019 taget til efterretning.Endvidere godkendte generalforsamlingen følgende punkter:• Trygs årsrapport 2019, herunder beslutning om decharge for direktion og bestyrelse.• Beslutning om anvendelse af overskud i henhold til den godkendte årsrapport, idet årets resultat 2.843 mio. DKK overføres til egenkapitalen.• Honorarerne til bestyrelsen for 2020 herunder honorarer til bestyrelsens udvalg.• Forslag om fornyelse og forlængelse af den eksisterende bemyndigelse til bestyrelsen i vedtægternes § 8 til at forhøje selskabets aktiekapital ved udstedelse af nye aktier med en samlet pålydende værdi på 151.000.000 DKK frem til 30. marts 2025.• Forslag om fornyelse og forlængelse af den eksisterende bemyndigelse...

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Novo Acquires Stake in ASX-Listed GBM Resources Limited and Option Over Malmsbury Gold Project

VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has subscribed for 9,090,909 units (each a “GBM Unit”) of ASX-listed GBM Resources Limited (ASX: GBZ) (“GBM”) and has been granted an option and an additional earn-in right to acquire up to an aggregate 60% interest in GBM’s Malmsbury gold project (the “Malmsbury Project”) located in the Bendigo zone of Australia’s Victorian goldfields (collectively, the “Transaction”), with the possibility of the interest being increased to 75% interest, as described below. The Transaction is subject to approval of the TSX Venture Exchange and other customary regulatory approvals for transactions of this nature.The GBM Units will be paid for by the issuance of 197,907 common shares...

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MELCOR REIT ANNOUNCES NORMAL COURSE ISSUER BID

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.EDMONTON, Alberta, March 30, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) (the “REIT”) announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative Canadian trading systems.The notice provides that the REIT may, during the twelve-month period commencing April 1, 2020 and ending March 31, 2021, purchase for cancellation up to 655,792 Trust Units in total, being approximately 5% of its issued and outstanding Trust Units. The daily repurchase restriction for the Trust Units is 3,207.The price which the REIT will pay for any such Trust Units will be the market price at the time of acquisition. The actual number...

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LCX Launches Smart Order For Cryptocurrency Trading

Liechtenstein Blockchain Innovator LCX announces the launch of the LCX Smart Order. LCX Smart Order is an automated smart order routing system for cryptocurrency trading. Advanced algorithms compare prices across 10 crypto exchanges in real-time and execute orders at the best market price. The new smart order engine aims to simplify the digital asset management experience for crypto traders, family offices, hedge funds, and other asset managers. The increased number of crypto exchanges has caused fragmentation of liquidity, as crypto assets are traded across multiple exchanges at different prices and in different amounts. LCX Smart Order is part of LCX’s high-performance, multi-asset trading system technology, LCX Terminal. LCX Smart Order provides ultra-low latency and high throughput with a full range of routing functionality, placing...

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Synergy Capital AM: U.S Stocks rallies as Coronavirus confirmed cases soars

As U.S. tops the most case of Coronavirus around the world just this Friday for about 85,000+ confirmed cases, but that didn’t stop major indexes in the U.S. market to ascend for about half of what they have loss for the past months. Three of the major U.S. stocks soar up. Dow Jones Industrial Average leapt by 6.4%, S&P 500 index is up by 6.2% while Nasdaq composite gained 5.6%. For three straight days, Dow Jones and S&P 500 rallied up after failing again and again this past few weeks. The positive output of the stock market is because the Senate has approved 96-0 Wednesday night the $2.2 trillion coronavirus stimulus bill, which made House members scramble to get back to Washington for a Friday vote. A roll call vote demands majority of members to be physically present in the assembly hall. Amazon is also up by 3.7% to 1,955.49...

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MELCOR DEVELOPMENTS LTD. ANNOUNCES NORMAL COURSE ISSUER BID

EDMONTON, Alberta, March 30, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD), an Alberta-based real estate development and asset management company, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid through the facilities of the TSX and on alternative trading systems.The notice provides that Melcor may, during the twelve-month period commencing April 1, 2020 and ending March 31, 2021, purchase for cancellation up to 1,661,033 common shares in total, being approximately 5% of its issued and outstanding common shares. The daily repurchase restriction for the common shares is 1,000.In accordance with temporary relief announced by the TSX on March 23, 2020, the number of Shares that can be purchased pursuant to the NCIB is subject to a current daily maximum...

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COVID-19 pandemic fuels North American employers to pursue cost-containment strategies, Willis Towers Watson survey finds

ARLINGTON, Va., March 30, 2020 (GLOBE NEWSWIRE) — As concern over the effect that COVID-19 will have on their businesses escalates, North American employers are eyeing a series of cost-containment strategies that include hiring freezes and, to a lesser extent, wage freezes or delayed raises, according to a survey by Willis Towers Watson, a leading global advisory, broking and solutions company. Additionally, some employers are paying premiums to mission-critical employees and subsidies to help employees manage costs related to working remotely.“Companies’ highest priorities remain the physical and financial wellbeing of their employees,” said Adrienne Altman, managing director, North America head, Rewards, Willis Towers Watson. “However, amid heightened concern over the impact the virus will have on their operations, companies have...

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Vishay Intertechnology Commercial and Automotive Grade IHLE® Integrated E-Shield Inductors Lower Costs and Save Space

MALVERN, Pa., March 30, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today expanded its IHLE® series of low profile, high current inductors featuring integrated e-shields for the reduction of EMI with new commercial and Automotive Grade devices in the 5050 case size. The Vishay Dale IHLE-5050FH-51 and IHLE-5050FH-5A lower costs and save board space by eliminating the need for separate board-level Faraday shielding.The devices released today contain the electric and B field associated with EMI in a tin-plated copper integrated shield, providing up to -20 dB of electric field reduction at 1 cm (above the center of the inductor) when the integrated shield is connected to ground. Featuring high temperature operation to +155 °C and coplanarity of their four terminals within ≤ 100 µm, the inductors are optimized for...

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Tractor Supply Launches National TV Spot to Recognize Team Members and Customers During COVID-19

BRENTWOOD, Tenn., March 30, 2020 (GLOBE NEWSWIRE) — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today launched a national television commercial to recognize team members and customers and their commitment to supporting the rural lifestyle during the COVID-19 pandemic. The commercial represents the Company’s first time releasing a nationwide television advertisement in over a decade.“During these challenging times, we have an opportunity to celebrate Tractor Supply’s team members and customers. Every day, we are grateful and humbled to play a role in our customers’ ability to live life on their terms,” said Christi Korzekwa, Tractor Supply’s Senior Vice President of Marketing. “We invite all of our friends to view the commercial as we thank our team members and customers while...

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