Day: August 21, 2020

 Casino Group announces the disposal of 5% of Mercialys equity                                                                                                           Paris, 21st August 2020, In connection with the asset disposal plan, the Group announces the additional and definitive disposal of 5% of Mercialys equity through the Mercialys total return swap (TRS). In this operation the Group will cash-in €26 million proceeds which will be allocated to the escrow account dedicated to gross debt reimbursement. This disposal reduces Casino Group’s stake in Mercialys in terms of voting rights from 25.3% to 20.3%.  DisclaimerThis press release was prepared solely for information purposes, and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide...

 Le Groupe Casino a cédé 5% du capital de Mercialys  Paris, le 21 août 2020,          Dans le cadre de son plan de cession d’actifs, le Groupe annonce la cession additionnelle et définitive de 5% du capital de Mercialys au travers du total return swap (TRS) Mercialys.  Avec cette opération le Groupe Casino va encaisser 26 millions d’euros de produits de cessions qui seront versés sur le compte séquestre dédié au remboursement de la dette brute.  Cette cession porte la participation du Groupe Casino dans Mercialys en termes de droits de vote de 25,3% à 20,3%.  Disclaimer Ce communiqué a été préparé uniquement à titre informatif et ne doit pas être interprété comme une sollicitation ou une offre d’achat ou de vente de valeurs mobilières ou instruments financiers connexes. De même, il ne donne pas et ne doit pas être traité comme un...

VANCOUVER, British Columbia, Aug. 21, 2020 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) provides an update on its wholly owned Selinsing Gold Mine in Pahang State, Malaysia.CEO and President Cathy Zhai said: “Selinsing is our primary gold producing project. We continue to work hard on several financing alternatives to upgrade the Selinsing Gold processing plant that will treat sulphide ore, bringing the new life of mine into production. In the meantime, our operations team is also focused on sustainability of gold production to bridge the gap during the conversion, enhancement of the sulphide project design, and carrying out gold concentrate test work to top up the current and future production profile.”Ms. Zhai continued with a brief on the corporate development: “I would like...

Not for distribution to the U.S. news wire services, or dissemination in the United StatesHONG KONG, Aug. 21, 2020 (GLOBE NEWSWIRE) — Primeline Energy Holdings Inc. (“Primeline” or the “Company”), announces. further to its press release of May 26, 2020 extending the deadline for the filing of: (i) its annual financial statements for the Company’s fiscal year ended March 31, 2020 (the “Annual Financial Statements”) and related management’s discussion and analysis; (ii) its reserves data under National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities for the Company’s fiscal year ended March 31, 2020 (together, the “Annual Filings”);  and (iii) the compliance with the delivery requirements of applicable securities laws related to the Annual Filings, that it now does not expect it will be able to comply with the...

GRANT, Fla., Aug. 21, 2020 (GLOBE NEWSWIRE) — Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) (“Kaival Brands,” the “Company,” or “we”), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, today announced that 300,000,000 shares of its common stock have been returned and cancelled by its largest stockholder, Kaival Holdings, LLC (the “Stockholder”). Our management and directors are the owners of the Stockholder.The cancellation of the 300,000,00 shares of the Company’s common stock results in the decrease of issued and outstanding shares of the Company’s common stock from 576,495,148 to 276,495,148, or a 52.1% reduction in the Company’s issued and outstanding shares of its common stock.In exchange for the return of the 300,000,000 shares of the Company’s common stock, the...

EDEN PRAIRIE, Minn., Aug. 21, 2020 (GLOBE NEWSWIRE) — CHF Solutions, Inc. (NASDAQ:CHFS) today announced the closing of an underwritten public offering of units for gross proceeds of approximately $14.37 million, which includes the full exercise of the underwriter’s over-allotment option to purchase additional shares and warrants, prior to deducting underwriting discounts and commissions and offering expenses payable by CHF Solutions.The offering is comprised of Units, priced at a public offering price of $0.45 per unit, with each unit consisting of one share of common stock and a warrant to purchase one share of common stock at an exercise price of $0.45 per share that expires on the fifth anniversary of the date of issuance.The securities comprising the units are immediately separable and were issued separately.Ladenburg...

BOGOTÁ, Colombia, Aug. 21, 2020 (GLOBE NEWSWIRE) — Medcolcanna Organics Inc. (TSX-V: MCCN) (“Medcolcanna” or the “Company”), a Canadian medical cannabis company with operations in Colombia, announces that due to the COVID-19 pandemic, the Company intends to postpone the filing of its unaudited interim consolidated financial statements and accompanying management’s discussion and analysis and related CEO and CFO certifications for the period ended June 30, 2020 (collectively, the “Interim Filings“), which are required to be filed by August 29, 2020, under Sections 4.4 and 5.1(2) of National Instrument 51-102 – Continuous Disclosure Obligations.On May 19, 2020, the Canadian Securities Administrators (CSA) announced that they would provide issuers with a 45-day filing extension for filings required from June...

SEATTLE, Aug. 21, 2020 (GLOBE NEWSWIRE) — Wikileaf Technologies Inc. (CSE: WIKI) is pleased to provide a corporate update to the Company’s shareholders and stakeholders and the results of the company’s Annual General Meeting (“AGM”).  At the AGM, shareholders elected Connor Cruise, Daniel Nelson, Manoj Hippola, David (Cy) Scott and Murray Hinz for the ensuing year.The first eight months of 2020 have proven to be a difficult time for the world economy and a period of transition for Wikileaf.  The Cannabis industry in particular has faced challenges from on-going regulatory hurdles which have required business owners to pivot their strategies overnight. Negative sentiment within the investment community has also been another challenging factor that has led to a decrease in funding during a critical time for operators within the cannabis...

CRANFORD, N.J., Aug. 21, 2020 (GLOBE NEWSWIRE) — Enzon Pharmaceuticals, Inc. (the “Company” or “Enzon”) (OTC: ENZN) today announced that its Board of Directors (the “Board”) has approved a rights offering to existing shareholders whereby the Company intends to distribute one transferable subscription right for each outstanding share of common stock owned. For every 1,105 subscription rights held, a shareholder will be entitled to purchase one unit.The Company plans to offer 40,000 units, at a subscription price of $1,090 per unit. Each unit will consist of one share of preferred stock, par value $1,000, and 750 shares of common stock.The Company anticipates that during the offering period, that the rights will be quoted on the OTCQX market of the OTC Markets Group, Inc. The Company does not currently intend to apply for listing...

CALGARY, Alberta, Aug. 21, 2020 (GLOBE NEWSWIRE) — Athabasca Minerals Inc. (“Athabasca”, “AMI” or the “Corporation”) – TSXV: AMI announces that it has received conditional approval from the TSX Venture Exchange (“TSXV”) for an Employee Share Purchase Plan (the “ESP Plan”) with employees, management and directors of AMI. The Corporation will seek shareholder approval of the ESP Plan at the Annual General and Special Meeting to be held on September 22, 2020.In an effort to preserve the Corporation’s cash position and employees during the COVID-19 pandemic and economic downturn, AMI implemented a 90/10 compensation program whereby 90% of base salary is paid in cash and 10% of base salary is paid in treasury-issued shares. For this compensation program, the Corporation has put into place an ESP Plan and participation in the ESP Plan...