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Day: December 1, 2020

FOMO CORP. ANNOUNCES E-COMMERCE AGREEMENT BETWEEN PURGE VIRUS, LLC AND ALIBABA

PURGE VIRUS PRODUCTS TO BE OFFERED WITHIN ALIBABA’S B2B GLOBAL GOLD SUPPLIER PROGRAMChicago, IL, Dec. 01, 2020 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: ETFM) announces that its wholly owned subsidiary, Purge Virus, LLC (“PV”; https://purgevirus.com/), has met the necessary business verification criteria and has been approved by Alibaba Group Holding Limited (NASDAQ: BABA; “Alibaba”; https://www.alibaba.com/) for its Global Gold Supplier Program effective November 30, 2020. This approval provides a significantly expanded distribution platform for Purge Virus. It is expected that PV disinfection technology products will be available on the Alibaba platform globally on or before January 1, 2021. Purge Virus products will be incorporated online with volume-tiered pricing to give business owners the ease of purchasing products by matching...

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REC Silicon – Cancellation of subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.Lysaker, 1 December 2020Reference is made to the stock exchange announcements by REC Silicon ASA (the “Company”) on 14 October 2020 and 15 October 2020 regarding the successful completion of a private placement raising gross proceeds of approximately NOK 1,000 million (the “Private Placement”) and a potential subsequent offering (the “Subsequent Offering”) of up to 18,518,518 new shares directed towards shareholders of the Company as of 14 October 2020 who were not allocated shares in the Private Placement.The Company has decided not to initiate the Subsequent Offering.The...

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Fronsac Announces the Closing of a Previously Announced Five Property Grocery Store Portfolio

MONTREAL, Dec. 01, 2020 (GLOBE NEWSWIRE) — (TSX-V: FRO.UN) Fronsac Real Estate Investment Trust (the “REIT” or “Fronsac”) is pleased to announce that it has closed its previously announced acquisition of five grocery store properties leased to affiliated brands of Loblaws™ located in Beauport, QC, Roberval, QC, Sydney, NS, New Glasgow, NS, and Kirkland Lake, ON.The properties are comprised of five grocery stores, aggregating approximately 246,000 square feet of gross leasable area. The properties are 100% occupied, with a weighted average remaining lease term of approximately 6.1 years, and are all single-tenant properties leased on a triple net basis.The combined net operating income in respect of the Acquisition Properties is approximately $3.0 million, representing a 7.0% weighted average capitalization rate based on the aggregate...

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Fronsac annonce la clôture d’une acquisition précédemment annoncée d’un portefeuille de cinq immeubles de marchés d’alimentation

MONTRÉAL, 01 déc. 2020 (GLOBE NEWSWIRE) — (TSX – V : FRO.UN) Fiducie de Placement Immobilier Fronsac (« Fronsac ») est heureuse d’annoncer la clôture de son acquisition précédemment annoncée visant cinq immeubles de marchés d’alimentation loués à des marques du même groupe que LoblawsMC situés à Beauport et à Roberval, au Québec, à Sydney et à New Glasgow, en Nouvelle-Écosse et à Kirkland Lake, en Ontario.Les immeubles comprennent cinq marchés d’alimentation qui représentent au total environ 246 000 pieds carrés de superficie locative brute. Les immeubles sont occupés en totalité avec une durée restante moyenne pondérée des contrats de location d’environ 6,1 ans et sont tous des immeubles à locataire unique assortis de baux à loyer hypernet.Le revenu net d’exploitation combiné attribuable à ces propriétés s’établit à environ...

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Sogeclair:

Blagnac, France, December 01st 2020- 7.45pm,Equity investment project of Dassault Systèmes into the capital of A.V.SimulationSOGECLAIR, designer and manufacturer of innovative solutions with high added value for mobility, announces being in advanced and exclusive negotiations for the entry of Dassault Systèmes into the capital of A.V.Simulation, a joint subsidiary of RENAULT and OKTAL (head of SOGECLAIR’s Simulation division), dedicated to the simulation of automotive mobility solutions.10 million capital increase would be subscribed by Dassault Systèmes. Following this increase, Oktal would hold 55.25%, Renault 29.75% and Dassault Systèmes 15% of A.V. Simulation.Dassault Systèmes’ acquisition of a stake in its capital would notably allow:Reinforcement of R&D investments aimed at the certification of on-board systems...

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Sogeclair: Projet d’entrée de Dassault Systèmes au capital de A.V.Simulation

Blagnac, France, le 01 décembre 2020-19h45,Projet d’entrée de Dassault Systèmes au capital de A.V.SimulationSOGECLAIR, concepteur et producteur de solutions innovantes à forte valeur ajoutée pour la mobilité, annonce être en négociation avancée et exclusive pour l’entrée de Dassault Systèmes au capital d’A.V.Simulation, filiale commune de RENAULT et d’OKTAL (tête de la division Simulation de SOGECLAIR), dédiée à la simulation des solutions de mobilité automobile.L’augmentation de capital de près de 10 millions d’euros serait souscrite par Dassault Systèmes. A l’issue de cette augmentation, Oktal détiendrait 55,25%, Renault 29,75% et Dassault Systèmes 15% d’A.V.Simulation.L’entrée de Dassault Systèmes au capital permettrait notamment :Le renforcement des investissements en R&D visant une certification des systèmes embarqués des véhicules...

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Cerro Grande Mining Corporation Announces Completion of the Acquisition of the Assets relating to the Pimentón Copper Gold Mining Project

TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) announces that, further to its news releases of July 15 and September 14, 2020, CEG’s Chilean wholly-owned subsidiary Minera Til Til SpA (“Til Til”) today entered into the Asset Purchase and Contracts Assignment Agreement (the “APA”) with Minera Tamidak Limitada (“Tamidak”) pursuant to which Til Til has acquired from Tamidak the mining concessions and other assets covering the Pimentón Copper Gold Mining Project owned by Tamidak as well as Tamidak’s rights and obligations under the Exploration and Option to Joint Venture Agreement (the “FQM Agreement”) entered into on or about April 27, 2020 between Tamidak and FQM Exploration (Chile) S.A. (“FQM”), a Chilean subsidiary of First Quantum Minerals Ltd. Tamidak is a private Chilean...

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Absecon Bancorp Announces Special Cash Dividend of $3.00 Per Share along with an Annual Cash Dividend of $2.00 Per Share

ABSECON, N.J., Dec. 01, 2020 (GLOBE NEWSWIRE) — Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors authorized a special cash dividend in the amount of $3.00 per share, in addition to a regular annual cash dividend in the amount of $2.00 per share.“Given our strong balance sheet and projected financial performance, we believe it is appropriate to return capital in the form of a special cash dividend to our stockholders in addition to our annual cash dividend,” said C. Eric Gaupp, President and CEO of Absecon Bancorp.  “These dividends are consistent with our long-term capital management policies and our commitment to our stockholders.  We will continue to prudently invest in...

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