Month: December 2020

Copenhagen, 18 December 2020Scandinavian Tobacco Group A/S raises its full year guidanceThroughout 2020, COVID-19 induced changes in consumer behaviour have led to higher than anticipated consumption of handmade cigars in the US. The high demand, has increased further in the latter part of the year in the Group’s US online distribution channel as well as in the US brick and mortar retail channel and the Group has continued to perform well. January-November 2020, the organic growth in net sales is 7% for the Group and higher than previously expected.As a consequence of the high demand, the results in the Group’s financial performance in the fourth quarter, are better than expected. The higher volumes from US online and US brick and mortar have positively impacted operational leverage and resulted in stronger profit margins and an increased...

København, 18. december 2020Scandinavian Tobacco Group A/S opjusterer helårsforventningerneGennem 2020 har COVID-19 relaterede ændringer i forbrugeradfærd ført til højere end forventet forbrug af håndrullede cigarer i USA. Den højere efterspørgsel er taget til i den sidste del af året i Gruppens amerikanske online distributionsforretning såvel som i den fysiske detailhandel i USA og Gruppen har fortsat den gode udvikling. Januar-november 2020 er den organiske vækst i nettoomsætningen 7% for Gruppen og højere end tidligere forventet.Som følge af den stærke efterspørgsel, er Gruppens finansielle udvikling i 4. kvartal 2020 bedre end forventet. De højere mængder i den amerikanske online distributionsforretning og i den fysiske detailhandel har positivt påvirket den operationelle gearing og har resulteret i stærkere overskudsgrader og en...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that due to strong investor demand, it has increased its previously announced non-brokered private placement from 6,136,000 common shares (CDN$10,001,680) to 7,056,400 common shares (CDN $11,501,932) of the Corporation issued on a flow-through basis (the “FT Shares”) at a price per share of CDN $1.63, with an option to increase the Offering from 920,400 FT Shares (CDN$1,500,252) to 1,058,460 FT Shares (CDN$1,725,290) exercisable at any time up to two business days prior to the closing of the Offering by way of a non-brokered private placement. The Offering Price represents a premium of 22% over the closing price of McEwen Mining common shares on the TSX as of December 16, 2020.The gross proceeds from the sale of FT Shares will...

STAMFORD, Conn., Dec. 18, 2020 (GLOBE NEWSWIRE) — HR experts are fearlessly leading their organizations through the uncertain world of pandemic disruption, the editors of HRO Today magazine said in recognizing leaders from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, among the publication’s 2020 Superstars.Debora Card, partner, was honored for the seventh consecutive year; Stacey Cadigan, partner, was named for the fifth consecutive year, and Julie Fernandez, partner and leader of the firm’s HR Technology and Services practice, was included for the fourth consecutive year. ISG was again the most recognized advisory firm in the 2020 voting, with three of the 17 consultants, advisors, analysts, academics, investors and thought leaders cited by the magazine.“Julie, Stacey and...

HAMILTON, Bermuda, Dec. 18, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today announced that the Company’s shareholders have approved the Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, TAT Holdco LLC, a Texas limited liability company (“Parent”), and TAT Merger Sub LLC, a Texas limited liability company and wholly-owned subsidiary of Parent (“Merger Sub”). Under the Merger Agreement and the Companies Act 1981 of Bermuda (the “Companies Act”), the approval and adoption of the merger proposal required the affirmative vote of 75% of the votes cast by holders of common shares as of the close of business on the record date at a duly convened meeting of the common shareholders of the Company at which a quorum is present. At the...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — i3 Interactive Inc. (“i3 Interactive” or the “Company”) (CSE: BETS) (FRA: F0O3): In line with i3’s business model of building a gaming entertainment portfolio globally leveraging its high value celebrity influencer model combined with a world class executive team, i3 has decided to compound the early market entry success in India with further investment exploration. I3’s initial launch into India by way of its acquisition, rebrand and launch of the poker operation now globally known as BLITZPOKER, is on pace for another record month in December.i3 has made the decision to accelerate its plans to capitalize on the rapidly growing ecommerce gaming market in India by building out a gaming ecosystem central to its plans to service what is on pace to be the world largest online gaming market,...