Day: June 3, 2020
NEW YORK, June 03, 2020 (GLOBE NEWSWIRE) — Warner Music Group, its directors and management, and the Blavatnik Family Foundation announced today a $100 million fund to support charitable causes related to the music industry, social justice and campaigns against violence and racism.An advisory panel made up of appointees from Warner Music Group and the Blavatnik Family Foundation will establish procedures to identify and support those in the music community, and organizations strengthening education, and promoting equality, opportunity, diversity and inclusion. The advisory panel will determine the amount of the financial gifts and timing.Steve Cooper, CEO, Warner Music Group said, “This fund will support the extraordinary, dedicated organizations that are on the front lines of the fight against racism and injustice, and that help...
Norseman Capital Ltd. Options Caribou Property in British Columbia
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VANCOUVER, British Columbia, June 03, 2020 (GLOBE NEWSWIRE) — Norseman Capital Ltd. (NEX: NOC.H) (“Norseman” or the “Company”) is pleased to an announce that it has entered into an option agreement (the “Option Agreement”) with Cloudbreak Discovery Corp. (“Cloudbreak”) to acquire a 100% interest in certain mining claims located in the Skeena Mining Division area in British Columbia (the “Caribou Property”). The entering into of the Option Agreement is subject to the approval of the TSX Venture Exchange (the “Exchange”).Pursuant to the Option Agreement, in order to fully exercise the option (the “Option”), the Company shall pay to Cloudbreak an aggregate of $80,000 and 2,750,000 common shares in the capital of the Company (“Common Shares”) in three installments.The first installment is composed of $10,000, payable on the effective...
NMI Holdings, Inc. Announces the Commencement of $300 Million Senior Secured Notes Offering
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EMERYVILLE, Calif., June 03, 2020 (GLOBE NEWSWIRE) — NMI Holdings, Inc. (Nasdaq: NMIH) (the “Company”) today announced that it commenced an offering through a private placement of $300,000,000 aggregate principal amount of senior secured notes due 2025 (the “Notes”). Net proceeds from the Notes offering are intended to be used to repay the Company’s existing $147 million term loan and for general corporate purposes, including potential capital contributions to support the growth of new business production and operations of our subsidiaries.The Notes are being offered in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes have not been registered under...
After Auto Insurance, BSE EBIX Beta Launches Health Insurance on its On-Demand Hi-Tech Platform
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ATLANTA, June 03, 2020 (GLOBE NEWSWIRE) — BSE Ebix Insurance Broking Private Limited, a joint venture of BSE and Ebix Fincorp Exchange Pte Ltd., today announced the beta launch of Health insurance on its state-of-the-art hi-tech platform by enrolling Religare Health Insurance Company Ltd, India’s leading standalone health insurer. Through this launch, BSE Ebix will be able to offer various health insurance products to its participants.BSE Ebix, a high tech venture of BSE and a subsidiary of Ebix Inc. (NASDAQ: EBIX), beta launched its operations on February 7, 2020 with the offering of private car and two-wheeler auto insurance. Currently, there are six General Insurance companies on BSE Ebix platform namely Bajaj Allianz General Insurance Co Ltd, Bharti Axa General Insurance Co Ltd, Future Generali India Insurance Co Ltd, HDFC ERGO...
Hamilton Lane Announces Pricing of Public Offering of Class A Common Stock
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BALA CYNWYD, Pa., June 03, 2020 (GLOBE NEWSWIRE) — Private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) (“Hamilton Lane”) today announced the pricing of an underwritten public offering by Hamilton Lane and three selling stockholders of 2,995,757 shares of Class A common stock, in the aggregate, for gross proceeds of approximately $212 million. The offering is expected to close on June 4, 2020, subject to customary closing conditions.Hamilton Lane intends to use the proceeds from the sale of its shares to settle in cash exchanges of membership units in Hamilton Lane Advisors, L.L.C. held by certain of its members. Hamilton Lane will not receive any proceeds from the sale of shares by the selling stockholders.J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as joint book-running managers...
American Chemistry Council recognizes Ashland with a 2020 sustainability leadership award for environmental protection and circularity
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WILMINGTON, Del., June 03, 2020 (GLOBE NEWSWIRE) — The American Chemistry Council (ACC) has recognized Ashland Global Holdings Inc. (NYSE: ASH) with a sustainability leadership award for environmental protection and circularity. The award was presented during the ACC Annual Meeting held virtually due to the COVID-19 pandemic.The ACC judging panel, comprised of external sustainability leaders from consumer products, nonprofit and consulting sectors, reviewed and selected the award winners. The panel chose winning initiatives based on a range of factors including the level of innovation the initiative demonstrated, the scope and reach of its impacts and the extent to which it addresses priorities outlined in ACC’s Sustainability Principles and the United Nations Sustainable Development Goals.Ashland’s Benecel™ MX modified cellulose...
Vistin Pharma ASA : Call for Extraordinary General Meeting
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Oslo, Norway, 03 June 2020Vistin Pharma ASA (OSE: VISTIN), please find attached the call for an Extraordinary General Meeting in Vistin Pharma, to be held on 24 June at 13:00 CEST. Due to the Covid-19 situation, the Extraordinary General Meeting will be held as a digital meeting. Information with guide for online participation will be shared in well advance of the general meeting.Following changes in the ownership of Vistin Pharma ASA, more specifically Intertrade Shipping AS now being the largest shareholder with 24.2%, the Election Committee has received input from new shareholders regarding the composition of the Board. Intertrade has proposed that Øivin A Brøymer and Kari Krogstad are elected as new board members replacing Ole Enger and Mimi K. Berdal. The proposal from the election committee is attached.The formal call will be sent...
InspireMD, Inc. Announces Pricing of $10 Million Underwritten Public Offering
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TEL AVIV, Israel, June 03, 2020 (GLOBE NEWSWIRE) — InspireMD, Inc. (NYSE American: NSPR), the developer of the CGuard™ Embolic Prevention System (EPS) for the prevention of stroke caused by carotid artery disease, today announced the pricing of an underwritten public offering of 22,222,200 units at a price to the public of $0.45 per unit. InspireMD expects to receive aggregate gross proceeds of approximately $10.0 million from the offering, assuming no exercise of the underwriter’s option to purchase additional securities. Each unit contains one share of common stock (or common stock equivalent) and one Series F warrant to purchase one share of common stock at an exercise price of $0.495 per share. The common stock (or common stock equivalents) and the accompanying Series F warrants included in the units can only be purchased together...
Awilco Drilling PLC: Minutes From the Annual General Meeting 2020
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The Annual General Meeting of Awilco Drilling PLC (Ticker: AWDR) was held Wednesday 3 June 2020 at 12:00 p.m. (UK time), at the Company’s offices, 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen AB32 6FL, UK.Each of the resolutions set out in the Meeting Notice were duly passed. The signed minutes of meeting are attached hereto.The Meeting Notice and Appendices are available on our website www.awilcodrilling.com, under ‘Investor Relations/General Meetings’.Aberdeen, 3 June 2020For further information please contact:Jens Berge, CEOPhone: +44 1224 737900Cathrine Haavind, IR ManagerPhone: +47 9342 8464Email: ch@awilcodrilling.comThis information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.AttachmentAWDR AGM Meeting Minutes 3 June 2020 Signed
AnalytixInsight’s MarketWall Structures InvestoPro as European Online Brokerage Subsidiary
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TORONTO, June 03, 2020 (GLOBE NEWSWIRE) — Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), is pleased to announce that its FinTech affiliate, MarketWall, has incorporated a wholly-owned subsidiary that will do business as “InvestoPro” as its European online financial broker, following regulatory approvals. InvestoPro will make its related application update in the coming weeks.InvestoPro will offer online stock trading and FinTech-enabled services on multi-device trading platforms (e.g., mobile, wearables, smart-TV) combined with research and financial education. InvestoPro will use Intesa Sanpaolo as its execution broker. InvestoPro will be offered initially in Italy with intentions to expand to other European countries.MarketWall has already developed Intesa...