Day: December 22, 2020
SURREY, British Columbia, Dec. 22, 2020 (GLOBE NEWSWIRE) — DSG Global, Inc. (OTCQB: DGST) (“DGST”), via its subsidiary Imperium Motors, announces the receipt of three shipments totaling 73 electric vehicles, representing the first containers of Jonway, Skywell and Rumble Motors electric vehicles arriving at our location in Fairfield California.The current shipment includes the high-speed Skywell ET-5 SUVs, multiple Jonway scooters, a variety of 3- and 4-wheel cars, vans and trucks and a large container of Rover electric bike products and other Rumble Motors models, which will be shown in the Company’s Experience Center.“The ever-increasing demand for electric vehicles for passenger, leisure and work applications has made for an exciting time to be in the electric vehicle business and we are extremely excited to introduce these innovative...
Independent Bank Corporation Announces the Adoption of its 2021 Share Repurchase Plan
Written by Customer Service on . Posted in Public Companies.
GRAND RAPIDS, Mich., Dec. 22, 2020 (GLOBE NEWSWIRE) — Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors authorized a 2021 share repurchase plan on December 18, 2020. Under the terms of the 2021 share repurchase plan, the Company is authorized to buy back up to 1,100,000 shares, representing approximately 5%, of its common stock. The 2021 share repurchase plan is authorized to last through December 31, 2021.The Company intends to accomplish 2021 share repurchases through open market transactions, though the Company could accomplish repurchases through other means, such as privately negotiated transactions. The timing and amount of any share repurchases will depend on a variety of factors, including, among others, securities...
Bridge Bancorp, Inc. and Dime Community Bancshares, Inc. Announce Final Regulatory Approval of Merger of Equals
Written by Customer Service on . Posted in Mergers And Acquisitions.
BRIDGEHAMPTON, N.Y. and BROOKLYN, N.Y., Dec. 22, 2020 (GLOBE NEWSWIRE) — Bridge Bancorp, Inc. (Nasdaq: BDGE) (“Bridge”), the parent company of BNB Bank, and Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime”), the parent company of Dime Community Bank, today jointly announced that the parties have received approval from New York State Department of Financial Services to merge Dime Community Bank with and into BNB Bank. The merger is expected to close on February 1, 2021, on which day the combined company will open as the new Dime Community Bank.This release follows Friday’s announcement of the new Board of Directors.Kevin O’Connor, BNB Bank’s President and CEO, stated, “We are very excited to begin a new chapter, and look forward to providing superior financial services to communities across Long Island and New York City. The...
New Leaf Ventures Announces Letter Agreement with Zen Asset Management LLC and Artizen Asset Management LLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, Dec. 22, 2020 (GLOBE NEWSWIRE) — New Leaf Ventures Inc. (CSE: NLV) (“New Leaf,” “NLV” or the “Company”) is pleased to announce that it has entered into a letter agreement (the “Letter Agreement”) with Zen Asset Management LLC (“ZAM”) and its parent company, Artizen Asset Management LLC (“Artizen”). The Letter Agreement outlines the general terms and conditions pursuant to which New Leaf and ZAM would potentially undertake a business combination (the “Proposed Transaction”). The Proposed Transaction is subject to a number of conditions, including due diligence and the negotiation of a definitive agreement.ZAM is a diversified asset management company that was founded to acquire, develop, and support companies and technologies in the emerging cannabis industry. ZAM primarily does so in Washington state,...
MJardin Announces First Shipment of Recreational Cannabis from Brampton Facility to the Ontario Cannabis Store
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TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF) (the “Company” or “MJardin”), a leader in premium cannabis production, today announced that its partner Robes Inc. BLLRDR, brand has shipped its first cannabis dried flower products. Shipments will initially be to the Ontario Cannabis Store (“OCS”), with shipments to other provinces planned to begin shortly.MJardin expects the first shipment to be available for purchase before December 31, 2020. The initial shipment includes 6.3kg of BLLRDR Afghani Bullrider and 9.5kg of Wedding Cake, which will be available in 3.5 gram jars. A subsequent order of 7.7kg and 8.2kg of the BLLRDR Afghani Bullrider and Wedding Cake, respectively, is scheduled for January 4, 2021. Robes’ BLLRDR has been able to build a great following across Canada, with their highly...
FT Portfolios Canada Co. Announces Reinvested Income Distribution
Written by Customer Service on . Posted in Dividend Reports And Estimates.
TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. (the “Manager”), the manager of First Trust AlphaDEXTM U.S. Materials Sector ETF (the “fund”) announced a reinvested income distribution on the units of the fund in the amount of $3.4046 per unit payable in additional units of the fund. The effective record date for the reinvested distribution is December 2, 2020 with a payment date of December 3, 2020. Units distributed were automatically consolidated as of such date.Please consult your advisor and read the prospectus or ETF Facts before investing. There may be commissions, trailing commissions, management fees and expenses associated with ETF investments. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.For further information, please contact: FT Portfolios Canada...
Global Technologies, Ltd Files Annual Report for the Year Ended June 30, 2020
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Markets on Main Licenses PlatformST. PETERSBURG, FL, Dec. 22, 2020 (GLOBE NEWSWIRE) — Global Technologies, Ltd (OTC Pink: GTLL), a holding corporation, which through its subsidiaries, has operations engaged in the online sales of CBD and hemp related products, the acquisition of intellectual property in the safety and security space and as a portal for entrepreneurs to provide immediate access to live shopping, e-commerce, distribution and logistics is pleased to announce that the Company has filed its Annual Report for the year ended June 30, 2020.The Company anticipates filing its Quarterly Report for the period ended September 30, 2020 before year end. Upon filing, the Company will become current with its filing obligations with the Securities and Exchange Commission to bring the Company current.Markets on Main UpdateOn November...
Venus Concept Inc. Announces Pricing of $22.5 Million Public Offering
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TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — Venus Concept Inc. (“Venus Concept” or the “Company”) (Nasdaq: VERO), a global medical aesthetic technology leader, today announced the pricing of its public offering of 11,250,000 shares of its common stock and warrants to purchase 5,625,000 shares of common stock at a combined offering price to the public of $2.00 per share and accompanying warrant. The warrants have an exercise price of $2.50 per share of common stock, are exercisable immediately, and expire five years from the date of issuance. Venus Concept intends to use the gross proceeds of approximately $22.5 million, before deducting underwriting discounts and commissions and estimated offering expenses, from the offering for general corporate purposes, including the funding of research and development activities.Oppenheimer &...
Gibson Energy Announces Closing of $250 Million Hybrid Note Offering
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All financial figures are in Canadian dollars unless otherwise notedCALGARY, Alberta, Dec. 22, 2020 (GLOBE NEWSWIRE) — Gibson Energy Inc. announced today that it has closed the previously announced offering of $250 million of 5.25% fixed-to-fixed rate subordinated notes due December 22, 2080 (the “Offering”).Gibson intends to use the net proceeds from the Offering to fund the previously announced redemption of the 5.25% convertible unsecured debentures due July 15, 2021, to reduce outstanding indebtedness under its revolving credit facility and for general corporate purposes.The notes were offered through a syndicate of investment dealers led by CIBC Capital Markets and RBC Capital Markets under Gibson’s short form base shelf prospectus dated June 26, 2019 and a related prospectus supplement dated December 9, 2020.This news release...
Cross Border Capital I Inc. Completes Initial Public Offering
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TORONTO, Dec. 22, 2020 (GLOBE NEWSWIRE) — Cross Border Capital I Inc. (TSXV: CBX.P) (the “Company”), a capital pool company (“CPC”), is pleased to announce that it has completed its initial public offering (the “Offering”). A total of 3,000,000 common shares (the “Common Shares”) were sold under the Offering at a price of $0.10 per share for gross proceeds of $300,000. As a result of this issuance, the Company now has 5,000,000 Common Shares issued and outstanding.Haywood Securities Inc. acted as agent (the “Agent”) on a best efforts basis for the Offering and received a corporate finance fee, and a commission equal to 10% of the gross proceeds. The Company issued non-transferable compensation warrants to purchase up to 300,000 Common Shares at a price of $0.10 per share exercisable for a period of 24 months from the date of listing...