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Day: May 28, 2020

KP Tissue Announces its Annual Meeting of Shareholders

MISSISSAUGA, Ontario, May 28, 2020 (GLOBE NEWSWIRE) — KP Tissue Inc. (“KPT”) (TSX: KPT) will hold its Annual Meeting of Shareholders on June 4, 2020 at 3:00 p.m. (EST). In the context of the COVID-19 crisis, the Corporation has decided to hold the meeting in a virtual-only format which will be conducted via live webcast online at http://web.lumiagm.com/297479061.For shareholders, media and other interested parties who are unable to attend, the presentation material will also be available on the web site www.kptissueinc.com.About KP Tissue Inc. (KPT)KPT was created to acquire, and its business is limited to holding, a limited partnership interest in Kruger Products L.P., which is accounted for as an investment on the equity basis. KPT currently holds a 14.8% interest in KPLP. For more information visit www.kptissueinc.com.About Kruger...

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Papiers Tissu KP annonce son assemblée annuelle des actionnaires

MISSISSAUGA, Ontario, 28 mai 2020 (GLOBE NEWSWIRE) — Papiers Tissu KP inc. (TSX : KPT) (« PTKP ») tiendra son assemblée annuelle des actionnaires le 4 juin 2020 à 15h00 (HNE). Dans le contexte de la crise de la COVID-19, la Société a décidé de tenir l’assemblée dans un format virtuel uniquement qui sera diffusée en direct sur le web à l’adresse http://web.lumiagm.com/297479061.Pour les actionnaires, les médias et les autres parties intéressées qui ne peuvent pas assister à l’assemblée, la présentation sera également disponible sur le site web www.kptissueinc.com.À propos de Papiers Tissu KP inc. (PTKP)PTKP a été créée dans le but d’acquérir une participation économique dans PK S.E.C., comptabilisée en tant qu’investissement dans le capital-actions. PTKP détient actuellement une participation de 14,8 % dans Produits Kruger...

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Topspin Consumer Partners Makes Investment in reCommerce

Mamaroneck, NY , May 28, 2020 (GLOBE NEWSWIRE) — Topspin Consumer Partners announced today that it has led an investment in reCommerce, a rapidly growing, technology-enabled selling partner of brands through Amazon. reCommerce offers leading consumer brands an end-to-end solution on Amazon, allowing them to capitalize on growing demand and navigate the complexities of the world’s largest online marketplace. reCommerce combines its proprietary in-house technology platform with world class creative, marketing, data analytics, brand protection, and logistics services to drive the growth of leading brands on Amazon. In conjunction with the transaction, Balance Point Capital provided a unitranche loan facility and equity co-investment.  Baird served as exclusive financial advisor to reCommerce. Lowenstein Sandler, LLP served as legal advisor...

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Caladrius Biosciences Closes $4.3 Million Registered Direct Offering Priced At-The-Market under Nasdaq Rules

BASKING RIDGE, N.J., May 28, 2020 (GLOBE NEWSWIRE) — Caladrius Biosciences, Inc. (Nasdaq: CLBS) (“Caladrius” or the “Company”), a clinical-stage biopharmaceutical company dedicated to the development of cellular therapies designed to reverse, not manage, disease, today announced that it has closed on its previously announced sale of an aggregate of 2,084,850 shares of its common stock to several institutional and accredited investors, at a purchase price of $2.0625 per share, in a registered direct offering priced at-the-market under Nasdaq rules. Under the purchase agreement, Caladrius has also issued to the investors unregistered warrants to purchase up to an aggregate of 1,042,425 shares of common stock.H.C. Wainwright & Co. acted as the exclusive lead placement agent for the offering. Brookline Capital Markets, a division...

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Moody’s confirms FCA N.V.’s Ba1 ratings; developing Outlook

Moody’s confirms FCA N.V.’s Ba1 ratings; developing OutlookMoody’s Investors Service communicated today that it has confirmed the “Ba1” Corporate Family Rating on FCA N.V and the “Ba2” ratings on the senior unsecured instruments issued or guaranteed by FCA N.V. The outlook on all ratings is developing.This rating action concludes a review with direction uncertain that began on March 25, 2020.London, May 28, 2020AttachmentMoody’s confirms FCA N.V.’s Ba1 ratings; developing Outlook

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Imperial Ginseng Products Ltd. Announces New Planting Decision and Retirement of Director

VANCOUVER, British Columbia, May 28, 2020 (GLOBE NEWSWIRE) — Imperial Ginseng Products Ltd. (TSXV: IGP) (the “Company”) has determined that it is in the best interest of the Company and its stakeholders to cease the planting of any ginseng acres for the upcoming summer season. The Company has also determined that some or all of the summer 2019 planting of 66 acres may be harvested prematurely. These decisions were based on a number of factors, including the current diplomatic difficulties between Canada and China and the effects this has had, and is expected to continue to have, on the ginseng market and prices. Other obstacles, such as a labour shortage and a recent severe frost, also contributed to the Company’s decisions. The Company remains solvent at this time and will be assessing its options going forward.  The Company also...

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Global Energy and Petrochemical Company Commits to a Multi-Year Renewal with Bridgeline’s CMS

Woburn, Mass., May 28, 2020 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of cloud-based digital experience software, announced today that Bridgeline entered into a multi-year renewal agreement with one of the largest international energy companies.The North American division of the energy company has implemented a customer service portal powered with Bridgeline’s OrchestraCMS product – a 100% native Salesforce Content Management System that provides for a rich, targeted content authoring and publishing experience within the Salesforce ecosystem. The global energy company has over 86,000 employees in over 70 countries. The secure customer portal helps the customer service team more efficiently handle customer onboarding, document sharing and collaboration throughout the onboarding process in addition to...

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Arbitral Tribunal has confirmed Boels Topholding B.V.’s redemption right to Cramo Plc’s shares

Cramo Plc       Stock Exchange Release      28 May 2020 at 7.30 pm EETArbitral Tribunal has confirmed Boels Topholding B.V.’s redemption right to Cramo Plc’s sharesThe Arbitral Tribunal appointed by the Redemption Board of the Finland Chamber of Commerce has on May 28, 2020 confirmed that Boels Topholding B.V. (“Boels”) has the right to redeem the minority shares in Cramo Plc (“Cramo”) and that Boels has the right to obtain title to the minority shares by placing a security approved by the Arbitral Tribunal for the payment of the redemption price and the possible interest accruing thereon.Cramo has on May 12, 2020 submitted a delisting application to Nasdaq Helsinki Ltd concerning its shares. Cramo has requested in the application that the quotation of its shares on the official list of Nasdaq Helsinki Ltd be terminated as...

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Välimiesoikeus on vahvistanut Boels Topholding B.V.:n lunastusoikeuden Cramo Oyj:n osakkeisiin

Cramo Oyj         Pörssitiedote     28.5.2020 klo 19.30 EETVälimiesoikeus on vahvistanut Boels Topholding B.V.:n lunastusoikeuden Cramo Oyj:n osakkeisiinKeskuskauppakamarin lunastuslautakunnan nimittämä välimiesoikeus on 28.5.2020 vahvistanut, että Boels Topholding B.V.:llä (”Boels”) on oikeus lunastaa Cramo Oyj:n (”Cramo”) vähemmistöosakkeet ja että Boelsilla on oikeus saada vähemmistöosakkeet omistukseensa asettamalla välimiesoikeuden hyväksymä vakuus lunastushinnan ja sille mahdollisesti kertyvän koron maksamisesta.Cramo on 12.5.2020 jättänyt Nasdaq Helsinki Oy:lle Cramon osakkeiden pörssilistalta poistamista koskevan hakemuksen. Hakemuksessa pyydetään, että Cramon osakkeiden noteeraus Nasdaq Helsinki Oy:n pörssilistalla päättyy mahdollisimman pian sen jälkeen, kun Boels on saanut lunastusmenettelyssä omistusoikeuden kaikkiin Cramon...

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Annual General Meeting in Skandinaviska Enskilda Banken AB on 29 June 2020

The Annual General Meeting in Skandinaviska Enskilda Banken AB will be held on 29 June 2020.SEB has a strong liquidity position and a solid capital buffer and is now fully using that strength to support its customers and thereby society at large in these challenging times. As previously communicated, SEB’s Board of Directors has evaluated the dividend proposal for 2019. The board recognises the importance of the dividend to many of the bank’s shareholders. However, in light of the current situation, an uncertain outlook and the Covid-19 pandemic’s impact on the economy, the board has decided to propose to the annual general meeting that no dividend payment shall be made at this point in time. Depending on how the situation develops, the board may assess a dividend payment later this year and if deemed appropriate, convene an Extraordinary...

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