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Day: June 1, 2020

United Hunter Oil & Gas Corp. Provides Update for Filing Annual Statements and Announces Extension for Filing Interim Statements

VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) — United Hunter Oil and Gas Corp. (TSXV: UHO) and Frankfurt (UHO: A118VK) (the “Company”) relied on the blanket relief of a of a 45-day extension, provided by Canadian Securities Administrators and Ontario Instrument 51-502: Temporary Exemption from Certain Corporate Finance Requirements, to extend the filing deadline to file its audited annual financial statements for the year ended December 31, 2019 and the related management’s discussion and analysis to June 15, 2020. The Company estimates the Annual Filings are expected to be filed by June 13, 2020.The Company will also rely on the blanket relief in respect of its interim financial statements and MD&A for the 3 months ended March 31, 2020 (“Interim Filings”), which it expects to file by June 30, 2020.The...

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Emerging Markets Report:  Standing Out in a Crowd

ORLANDO, Fla., June 01, 2020 (GLOBE NEWSWIRE) — If it was written that we are living in epic times it would be an understatement. And frankly, every third commercial that uses the phrase ‘unprecedented times’ is both trite and trivializing.It is no investment secret that the markets are forward looking. In fact, the recovery from recent events may create opportunities for companies in the right place at the right time.Enter Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) a Public Accelerator-Incubator (“PAI”).  What that means is that Digital Asset Monetary Network is established to help companies navigate the complexities of the startup and investment process and to facilitate access to possible investors through its ecosystem.For anyone who has ever taken a company public or watched a young company go public, this is an essential,...

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CloudMD Reports Record Q1 2020 Revenue of $3.1 Million

Record Q1 2020 revenue of $3,056,729, an increase of 178% over Q1 2019Healthy gross margins of 41%, increased revenue from high margin verticals throughout remainder of 2020 Reached over 100,000 registered patients on CloudMD’s telemedicine platformReceived conditional approval to list on the TSX Venture Exchange under “DOC”VANCOUVER, British Columbia, June 01, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (CSE: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company revolutionizing the delivery of healthcare to patients, announced its financial results for the first quarter ending March 31, 2020. All financial information is presented in Canadian dollars unless otherwise indicated.Dr. Essam Hamza, CEO of CloudMD commented, “We had a transformational first quarter which has positioned...

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Sompo International Global Risk Solutions Creates Unit to Focus on the Technology Industry

PEMBROKE, Bermuda, June 01, 2020 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today the formation of a new team offering products to clients in the technology industry through its expansive network of retail brokers. This new unit will build on the extensive experience of Sompo International’s global insurance business that currently offers products to the technology sector through its Property, Casualty, Financial Lines and Specialty business units.The new unit, part of Sompo Global Risk Solutions (GRS), will work through a network of retail brokers to offer primary casualty products (general liability, commercial auto, worker’s compensation), as well as an integrated property and primary casualty and a lead umbrella product,...

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Brookfield Office Properties Announces Quarterly Dividend Rate On Its Series S Preference Shares

Not for distribution to U.S. newswire services nor for dissemination to the United States. All amounts in Canadian dollars.BROOKFIELD NEWS, June 01, 2020 (GLOBE NEWSWIRE) — Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the quarterly dividend rate on its Class AAA Preference Shares, Series S (“Series S Shares”) (TSX: BPO.PR.S).The dividend is paid at an annual rate, calculated for each quarter, of 3.48% over the annual yield on three-month Government of Canada treasury bills. The actual quarterly dividend rate in respect of the July 1, 2020 to September 30, 2020 dividend period for the Series S Shares will be 0.942680% (3.74% on an annualized basis) and the dividend, if declared, for such dividend period will be $0.235670 per share, payable on September 30, 2020.About Brookfield...

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RECEIPT OF REQUISITE MAJORITY CONSENT FROM THE LENDERS UNDER EACH OF THE CREDIT FACILITIES TO ENTER INTO CONCILIATION

PRESS RELEASERECEIPT OF REQUISITE MAJORITY CONSENT FROM THE LENDERS UNDER EACH OF THE CREDIT FACILITIES TO ENTER INTO CONCILIATIONParis (France), 1st June 2020 – On May 26, 2020, Technicolor (Euronext Paris: TCH; OTCQX: TCLRY) (the “Company”) announced a consent solicitation in respect of its existing lenders under its Credit Facilities (the “Solicitation”), in order to allow Technicolor to have the option to request the appointment of a ‘conciliateur” (a French facilitator for creditor negotiations), through the opening of conciliation proceedings on Technicolor SA, without such action constituting an event of default under its Credit Facilities.Technicolor today announces that it has successfully completed the Solicitation request and has received consents from the requisite majority of the lenders under (i) the Term Loan B, (ii) the...

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ACCORD DE LA MAJORITE REQUISE DES PRETEURS AU TITRE DE CHACUN DES CONTRATS DE CREDIT AFIN D’ENTRER EN CONCILIATION

COMMUNIQUÉ DE PRESSEACCORD DE LA MAJORITE REQUISE DES PRETEURS AU TITRE DE CHACUN DES CONTRATS DE CREDIT AFIN D’ENTRER EN CONCILIATIONParis (France), 1er juin 2020 – Technicolor (Euronext Paris : TCH ; OTCQX : TCLRY) (la « Société ») a annoncé le 26 mai dernier qu’elle sollicitait ses créanciers au titre des Contrats de Crédit, en vue d’obtenir un accord préalable de leur part (la « Sollicitation ») dans l’objectif de donner à Technicolor la possibilité de demander la nomination d’un conciliateur, via l’ouverture d’une procédure de conciliation sur Technicolor SA, sans que cette démarche constitue un cas de défaut au titre des Contrats de Crédit.Technicolor annonce aujourd’hui qu’elle a finalisé avec succès cette Sollicitation, ayant reçu l’accord de la majorité requise (i) des créanciers du Prêt à Terme B, (ii) des créanciers de la Facilité...

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Meritage Homes Introduces Two New, Affordable Communities in Greater Nashville

NASHVILLE, Tenn., June 01, 2020 (GLOBE NEWSWIRE) — Meritage Homes, the seventh-largest public homebuilder in the U.S., today announced the addition of two new, affordable communities in the greater Nashville area — Taylor Landing and West End Station. Designed with the first-time buyer in mind, the communities are priced from the low $200,000s, and offer six single-family and townhome floorplans that range from approximately 1,600 to 2,500 square feet.With rents continuing to rise and low interest rates increasing the demand for new homes among first-time buyers in greater Nashville, Meritage Homes has designed these two new communities as part of its LiVE.NOW.® offering, an entry-level line of homes that include many features typical in more expensive, move-up homes including kitchen islands, home automation features and...

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The Voting Rights Proportion of Savcor Technologies Oy and the Persons Acting in Concert with It in Valoe has Reached the Bid Threshold of 30 Percent

Valoe Corporation                        Stock Exchange Release 1 June 2020 at 20.28 Finnish timeSavcor Technologies Oy has informed Valoe that the total proportion of voting rights of Savcor Technologies Oy and the persons acting in concert with it is 32.27 percent of all votes attaching to the shares of Valoe and thus has reached bid threshold. The treasury shares held by the Company have not been taken into account when calculating the above-mentioned voting rights proportion.Savcor Technologies Oy has informed the Company that it estimates that the total proportion of Savcor Technologies Oy and the persons acting in concert with it decreases to below 30 percent in a share issue which Valoe has, as disloced on 6 May 2020, undertaken to arrange and in which a maximum of 18,518,518 new shares will be offered for subscription. In addition,...

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Savcor Technologies Oy:n ja sen kanssa yksissä tuumin toimivien henkilöiden ääniosuus Valoe Oyj:ssä kasvanut yli 30 prosentin tarjousvelvollisuusrajan

Valoe Oyj                                                                   Pörssitiedote 1.6.2020 klo 20.28                 Savcor Technologies Oy on ilmoittanut Valoe Oyj:lle (“Yhtiö”), että sen ja sen kanssa yksissä tuumin toimivien henkilöiden yhteenlaskettu ääniosuus Yhtiön kaikkien osakkeiden äänimäärästä on 32,27 % ja ylittänyt siten pakollista julkista ostotarjousta koskevan 30 prosentin rajan. Edellä mainittua ääniosuutta laskettaessa ei ole otettu huomioon Yhtiöllä itsellään oleviin osakkeisiin liittyviä ääniä.Savcor Technologies Oy on ilmoittanut Yhtiölle arvioivansa omansa ja sen kanssa yksissä tuumin toimivien henkilöiden osuuden laskevan alle 30 prosentin osakeannissa, jonka järjestämiseen Yhtiö on 6.5.2020 julkistetun mukaisesti sitoutunut ja jossa tiedotetun mukaisesti tarjotaan merkittäväksi yhteensä enintään...

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