Day: August 17, 2020
BATON ROUGE, La., Aug. 17, 2020 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) announced today that it is seeking to raise approximately $150.0 million through an institutional private placement of additional 4% Senior Notes due 2030 (the “Notes”) by its wholly owned subsidiary, Lamar Media Corp (“Lamar Media”). The Notes are being offered as additional notes to the existing $400.0 million aggregate principal amount of 4% Senior Notes due 2030 that Lamar Media issued on February 6, 2020 (the “Existing Notes”). Other than with respect to the date of issuance and issue price, the Notes will have the same terms as the Existing Notes. The Notes will be maintained under the same CUSIP numbers as the Existing Notes (except that the Notes issued pursuant to Regulation S will trade separately under a different...
Star Jets International, Inc. (JETR) Engages an Investment Banking Firm to raise $10,000,000 up to $100,000,000 for Growth
Written by Customer Service on . Posted in Public Companies.
NEW YORK, Aug. 17, 2020 (GLOBE NEWSWIRE) — Ricky Sitomer, CEO, Star Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that the Company hired an Investment Banking firm in New York to explore its options to raise $10,000,000 in its first funding round. In addition, the investment Banking firm has the first rights on raising additional funding rounds up to $100,000,000.Ricky Sitomer, CEO of JETR stated, “As a result of the Covid-19 global pandemic, a fundamental change in the buying behavior of the luxury traveler continues to occur, and the Company anticipates the demand for private jet travel to increase its revenue now and continue into the foreseeable future. Star Jets International is looking to capitalize on this opportunity and build out the largest on demand private jet charter Company...
Komet Resources Options Brunswick Belt Property From Osisko Metals
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTREAL, Aug. 17, 2020 (GLOBE NEWSWIRE) — Komet Resources Inc. (“Komet”) (TSX-V: KMT, OTCQX: KMMTF, FRANKFURT: 1XQ) and Osisko Metals Incorporated (“Osisko Metals”) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) are pleased to announce that they have entered into an Option Agreement (the “Option”) whereby Komet can acquire a majority interest in Osisko Metals’ Brunswick Belt exploration property (the “Property”), located in the eastern portion of the Bathurst Mining Camp in the Bathurst area in New Brunswick (the “Transaction”). The Property covers 72 kilometres of the prolific Brunswick Belt and includes the Key Anacon and Gilmour South base metal deposits. The Option allows Komet to earn up to 75% interest by spending an aggregate of $15,000,000 in three stages over a seven-year period.Robert Wares, Chairman & interim President...
Les Ressources Komet acquiert une option de Métaux Osisko sur la Ceinture de Brunswick
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTRÉAL, 17 août 2020 (GLOBE NEWSWIRE) — Les Ressources Komet Inc. (« Komet ») (TSX-V : KMT, OTCQX : KMMTF, FRANCFORT : 1XQ) et Métaux Osisko inc. (« Métaux Osisko ») (TSX‑V : OM, OTCQX : OMZNF, FRANCFORT : 0B51) sont heureuses d’annoncer qu’elles ont conclu une convention d’option (l’« option ») aux termes de laquelle Komet peut acquérir un intérêt majoritaire dans la propriété d’exploration de la Ceinture de Brunswick (la « propriété »), située dans la portion orientale du camp minier de Bathurst au Nouveau‑Brunswick (la « transaction »). L’option couvre une portion de 72 kilomètres de la prolifique Ceinture de Brunswick et comprend les gîtes de métaux de base de Key Anacon et de Gilmour South. L’option permet à Komet d’acquérir un intérêt pouvant atteindre 75% moyennant des dépenses totales de 15 000 000 $ en trois phases, au...
Komet Resources Options Brunswick Belt Property From Osisko Metals
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTREAL, Aug. 17, 2020 (GLOBE NEWSWIRE) — Komet Resources Inc. (“Komet”) (TSX-V: KMT, OTCQX: KMMTF, FRANKFURT: 1XQ) and Osisko Metals Incorporated (“Osisko Metals”) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) are pleased to announce that they have entered into an Option Agreement (the “Option”) whereby Komet can acquire a majority interest in Osisko Metals’ Brunswick Belt exploration property (the “Property”), located in the eastern portion of the Bathurst Mining Camp in the Bathurst area in New Brunswick (the “Transaction”). The Property covers 72 kilometres of the prolific Brunswick Belt and includes the Key Anacon and Gilmour South base metal deposits. The Option allows Komet to earn up to 75% interest by spending an aggregate of $15,000,000 in three stages over a seven-year period.Robert Wares, Chairman & interim President...
Les Ressources Komet acquiert une option de Métaux Osisko sur la Ceinture de Brunswick
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTRÉAL, 17 août 2020 (GLOBE NEWSWIRE) — Les Ressources Komet Inc. (« Komet ») (TSX-V : KMT, OTCQX : KMMTF, FRANCFORT : 1XQ) et Métaux Osisko inc. (« Métaux Osisko ») (TSX‑V : OM, OTCQX : OMZNF, FRANCFORT : 0B51) sont heureuses d’annoncer qu’elles ont conclu une convention d’option (l’« option ») aux termes de laquelle Komet peut acquérir un intérêt majoritaire dans la propriété d’exploration de la Ceinture de Brunswick (la « propriété »), située dans la portion orientale du camp minier de Bathurst au Nouveau‑Brunswick (la « transaction »). L’option couvre une portion de 72 kilomètres de la prolifique Ceinture de Brunswick et comprend les gîtes de métaux de base de Key Anacon et de Gilmour South. L’option permet à Komet d’acquérir un intérêt pouvant atteindre 75% moyennant des dépenses totales de 15 000 000 $ en trois phases, au...
Vogel Telecom Doubles Network Capacity with Infinera’s Groove (GX) Solution
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SUNNYVALE, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) announced today that Vogel Telecom, a leading wholesale carrier in Brazil, deployed Infinera’s Groove (GX) Series G30 Compact Modular Platform to double capacity on its network, which includes Brazil’s route with the highest bandwidth demand, between São Paulo and Belo Horizonte. Powered by Infinera, Vogel’s new network offers the region’s leading Tier 1 carriers and internet service providers the high capacity and performance required to meet the rising bandwidth demands of their end users.Vogel Telecom deployed Infinera’s compact modular solution to upgrade its national fiber network infrastructure, which spans over 26,000 kilometers and supports high-capacity connectivity services across more than 600 cities in 13 Brazilian states. The GX G30’s simple...
American Energy’s Oilfield Basics Announces Educational Partnership With DrillChem
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ALLENTOWN, PA, Aug. 17, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE –American Energy Partners, Inc. (“American Energy”) (PINK: AEPT), a diversified energy company, is excited to announce that its wholly owned subsidiary Oilfield Basics is expanding its catalogue of course material through an educational partnership with DrillChem. The published courses will complement our current available content covering Economic Modeling, Valuation of Mineral Rights, Gas Lift Optimization and other energy topics. Derek Krieg, President of Oilfield Basics, had this to say concerning the new offerings: “Our partnership with DrillChem has allowed us to capture valuable information regarding the planning process, calculations, and the execution of critical jobs within the drilling and completion sector.”Ashley Windrum, Sales Manager of DrillChem...
Northview Apartment REIT Announces August 2020 Distribution
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CALGARY, Alberta, Aug. 17, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (NVU.UN – TSX) announced its August 2020 monthly distribution in the amount of $0.1358 per trust unit. The distribution will be payable on September 15, 2020 to holders of trust units of record at August 31, 2020.Northview Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Participants will receive their monthly cash distributions in Trust Units and receive additional Trust Units equivalent to 3% of their monthly cash distributions reinvested in the DRIP.CORPORATE PROFILENorthview is one of Canada’s largest publicly traded multi-family REITs with a portfolio of approximately 27,000 quality residential suites and 1.2 million square feet of commercial space in more than 60 markets across eight provinces...
Agile Therapeutics Strengthens Executive Leadership Team with the Appointment of Paul Korner, MD, MBA, as Chief Medical Officer
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PRINCETON, N.J., Aug. 17, 2020 (GLOBE NEWSWIRE) — Agile Therapeutics, Inc. (Nasdaq: AGRX), a forward-thinking women’s healthcare company, today announced the appointment of Paul Korner, MD, MBA, to the position of Chief Medical Officer. Dr. Korner is a board-certified obstetrician and gynecologist with more than 20 years of pharmaceutical and biotech industry experience, including significant experience within women’s healthcare. He will be responsible for supporting the commercial launch of Twirla®, advancing the Company’s internal pipeline and evaluating external growth opportunities. Dr. Korner will report to Al Altomari, Agile’s Chairman and Chief Executive Officer.“We are excited to welcome Dr. Korner to Agile as we continue to strengthen and expand our senior leadership team,” said Al Altomari. “Dr. Korner’s...