Month: December 2020

VANCOUVER, British Columbia, Dec. 31, 2020 (GLOBE NEWSWIRE) — On December 29, 2020, Jeff Yauck (the “Acquiror“), with an address care of PureK Holdings Corp. located at ‎6710 N Scottsdale Road‎, Paradise Valley, Arizona, 85253‎ United States, transferred ownership or control or direction over ‎‎211,359‎ common shares (the “Common Shares“) of PureK Holdings Corp. (the “Issuer“) to a third party pursuant to a private agreement (the “Transaction“).‎ The Common Shares trade on the facilities of the TSX Venture Exchange under the symbol PKAN. ‎Immediately prior to the Transaction, the Acquiror owned or ‎controlled 1,409,063 Common Shares, being approximately 20.1% of the issued and outstanding Common Shares of the Issuer. Immediately after the Transaction, the Acquiror owned and controlled...

Highlights Track Record of Superior Value Creation Overseen by Diverse, Experienced Board of DirectorsBoard’s Nominating and Corporate Governance Committee Will EvaluateDirector Nominations and Proposals Submitted by Blackwells and Land & BuildingsMonmouth was the Single Best Performing Industrial REITBased on Total Return to Stockholders, Over the Past YearHOLMDEL, N.J, Dec. 31, 2020 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR) (“Monmouth” or the “Company”) today disclosed that, as of the deadline for receipt of such notices, it has received notice from Blackwells Capital LLC (“Blackwells”) of its intention to nominate four candidates to stand for election to the Company’s Board of Directors and submit six non-binding proposals, and has received notice from Land & Buildings Investment Management,...

WILLIAMSBURG, Va., Dec. 31, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced today that the Company has entered into a Note Purchase Agreement with affiliates of Kemmons Wilson Hospitality Partners LP and Machine Investment Group for the issuance of certain notes (collectively, the “Note”) in an aggregate amount of $20.0 million, with an additional $10.0 million available to draw within the next twelve months, at the Company’s option. The Note matures in 3 years and will be payable on or before the maturity date at the rate of 1.47x the principal amount borrowed during the initial 3-year term, with a 1-year extension at Company’s option. The Note also carries a 6.0% current interest rate, payable quarterly during the initial 3-year term. Piper Sandler & Co. acted as Sotherly’s financial...

Denver, Colorado, Dec. 31, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces new leadership in conjunction with the spin-off of its Nevada Mining Unit to shareholders as Fortitude Gold Corporation (“Fortitude Gold”). Gold Resource Corporation’s Board of Directors announced leadership changes include: ·       Gold Resource Corporation Chairman Mr. Bill Conrad has stepped down as Chairman and will continue to serve as an independent director on the Company’s board. ·       Current Gold Resource Corporation director Mr. Alex Morrison has been appointed to serve as Chairman. ·       Outgoing Gold Resource Corporation CEO, President and director Mr. Jason Reid has stepped down from all Company positions to lead Fortitude Gold. ·       Mr. Allen Palmiere has been...

WOOD DALE, Ill., Dec. 31, 2020 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (“the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it entered into a first amendment to its one-year senior secured revolving credit facility pursuant to that certain credit agreement dated March 27, 2020, between the Company and Standard Chartered Bank (“Standard Chartered”).Among other items, the first amendment provides the Company with a waiver with regard to the minimum Consolidated EBITDA requirement for the quarters ended June 30, 2020 and September 30, 2020, amends the calculations of the interest coverage ratio and minimum Consolidated EBITDA, reduces the minimum Consolidated EBITDA and Consolidated Interest Coverage Ratio thresholds for...

Not for distribution by US newswire or in United StatesNESS-ZIONA, Israel, Dec. 31, 2020 (GLOBE NEWSWIRE) — VAXIL BIO LTD. (“Vaxil” or the “Company”) (TSX VENTURE: VXL), an innovative immunotherapy biotech company specializing in cancer and infectious diseases, announces that at the Company’s Annual and Special General Meeting, held on December 30, 2020 in Toronto, all resolutions were duly passed by shareholders.The Company also announces that since November 26, 2020, the date of the filing of our condensed consolidated interim financial statements for the nine months ended September 30, 2020, we have received aggregate proceeds of $115,000 from the exercise of previously issued (January 2018) warrants, having an exercise price of $0.10 per warrant.As of December 30, 2020, the Company has $1.3 million in cash and cash equivalents.“This...

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/TORONTO, Dec. 31, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC, “FC.DB.E”, “FC.DB.F”, “FC.DB.G”, “FC.DB.H”, “FC.DB.I” and “FC.DB.J”) announced today that it has filed a (final) short form base shelf prospectus with the securities regulatory authorities in all provinces of Canada that allows the Corporation to offer and issue up to $250 million of common shares, preferred shares, debt securities, subscription receipts, warrants or units, or any combination of such securities, over a 25-month period.The nature, size and timing of any offerings of these securities under the base shelf prospectus will depend on the Corporation’s assessment of its funding requirements and general market conditions....

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES        ALL FIGURES IN CANADIAN DOLLARS UNLESS OTHERWISE STATEDMONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSXV: XBC) (“Xebec” or the “Corporation”), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (“HyGear”) for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the “Acquisition”). The purchase price for the Acquisition was satisfied by way of a cash payment in the amount of €42.0 million (approximately $65.2 million) and the issuance of 10,014,364 common...

DISTRIBUTION INTERDITE AUX AGENCES DE TRANSMISSION DES ÉTATS-UNIS ET DIFFUSION INTERDITE AUX ÉTATS-UNISTOUS LES MONTANTS SONT EN DOLLARS CANADIENS, À MOINS D’INDICATIONS CONTRAIRESMONTRÉAL, 31 déc. 2020 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSXV : XBC) (« Xebec » ou la « Société »), fournisseur mondial d’énergies propres, est heureuse d’annoncer la clôture de l’acquisition annoncée précédemment de Green Vision Holding B.V., la société mère de HyGear Technology and Services B.V. (« HyGear ») pour une contrepartie totale de 82,0 millions d’euros (environ 127,3 millions de dollars) et la prise en charge d’une dette nette de 18,4 millions d’euros (environ 28,6 millions de dollars) (l’« acquisition »). Le prix d’achat de l’acquisition a été acquitté par un paiement en espèces d’un montant de 42,0 millions d’euros...