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Month: December 2020

Astec Industries Hosts Inaugural Virtual Investor Day

Outlines Strategy to Drive Profitable Growth through its Simplify, Focus and Grow PillarsIntroduces the OneASTEC Business Model, Fueling Strong Future Operational and Financial PerformanceCHATTANOOGA, Tenn., Dec. 10, 2020 (GLOBE NEWSWIRE) — Astec Industries, Inc. (NASDAQ: ASTE) will hold its 2020 Investor Day virtually today with presentations by President and Chief Executive Officer Barry Ruffalo, Chief Financial Officer Becky Weyenberg, and other members of Astec’s executive leadership team. During today’s session, management will provide an in-depth review of the Company’s strategic direction and capital allocation framework, as well as a deep dive into its Materials Solutions and Infrastructure Solutions segments. Additionally, the Company will reiterate its long-term financial goals that reflect its confidence in its ability...

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Leading German Private Health Insurer Enters Contract to Provide ReWalk Exoskeletons to Individuals with Spinal Cord Injuries

Supply contract is the Company’s first with a private health insurer in GermanyMARLBOROUGH, Mass. and BERLIN and YOKNEAM ILIT, Israel, Dec. 10, 2020 (GLOBE NEWSWIRE) — ReWalk Robotics, Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), a leading manufacturer of robotic medical devices for people with lower extremity disabilities, today announced it has entered into a contract with a German private health insurance company to allow all eligible beneficiaries with spinal cord injury (SCIs) to apply for the procurement of a ReWalk 6.0 exoskeleton system.The contractual agreement is the first such agreement with a private health insurer and follows a series of contracts with several statutory health insurance companies in Germany, which ReWalk signed earlier this year. Under the terms of this contract, eligible...

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Long-Term Partners Greenlane and PAX LABS™ Renew Exclusive U.S. Distribution Agreement

BOCA RATON, Fla., Dec. 10, 2020 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it has renewed its exclusive distribution partnership with PAX Labs™, a leading consumer technology brand in cannabis. The agreement maintains Greenlane’s exclusive distribution of all PAX® devices throughout the U.S.PAX Labs is a global market leader in producing high-quality dry herb vaporizers, including the best-in-class PAX 3™ and PAX ERA PRO™. PAX’s world-class hardware and software teams create tools that allow consumers to personalize every experience through the PAX App, from temperature and dose control, to unprecedented access...

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ANNOUNCEMENT OF A CHANGE IN THE SHAREHOLDERS’ NOMINATION BOARD OF LASSILA & TIKANOJA PLC

Lassila & Tikanoja PlcStock exchange release10 December 2020 2:00 pmANNOUNCEMENT OF A CHANGE IN THE SHAREHOLDERS’ NOMINATION BOARD OF LASSILA & TIKANOJA PLCMikko Maijala has resigned as Chairman of the Lassila & Tikanoja plc Nomination Board.The Nomination Board has chosen Patrick Lapveteläinen as its new Chairman.Following this change, the members of the Shareholders’ Nomination Board are:Patrick Lapveteläinen – Mandatum Life Insurance Company LimitedJuhani Lassila – Evald and Hilda Nissi FoundationHeikki Bergholm, Chairman of Lassila & Tikanoja plc’s Board of DirectorsThe Nomination Board will submit its proposal to Lassila & Tikanoja plc’s Board of Directors by 15 January 2021 at the latest preceding the Annual General Meeting.LASSILA & TIKANOJA PLCAdditional information:Sirpa Huopalainen, General Counsel,...

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Muutos Lassila & Tikanoja Oyj:n osakkeenomistajien nimitystoimikunnassa

Lassila & Tikanoja OyjPörssitiedote10.12.2020 klo 14.00MUUTOS LASSILA & TIKANOJA OYJ:N OSAKKEENOMISTAJIEN NIMITYSTOIMIKUNNASSAMikko Maijala on jättänyt tehtävänsä Lassila & Tikanoja Oyj:n nimitystoimikunnan puheenjohtajana.Nimitystoimikunta on valinnut uudeksi puheenjohtajaksi Patrick Lapveteläisen.Osakkeenomistajien nimitystoimikunnan jäsenet tämän jälkeen ovat:Patrick Lapveteläinen – Mandatum HenkivakuutusosakeyhtiöJuhani Lassila – Evald ja Hilda Nissin SäätiöHeikki Bergholm, Lassila & Tikanoja Oyj:n hallituksen puheenjohtajaNimitystoimikunta toimittaa ehdotuksensa Lassila & Tikanoja Oyj:n hallitukselle varsinaista yhtiökokousta edeltävän tammikuun 15. päivään mennessä.LASSILA & TIKANOJA OYJLisätietoja:Sirpa Huopalainen, lakiasiainjohtaja, puh. +358 40 5965241Lassila & Tikanoja on palveluyritys,...

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Indiva Reports Record Market Share and Production for November 2020

LONDON, Ontario, Dec. 10, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF), the leading Canadian producer of cannabis edibles, is pleased to announce record market share and record production for the month of November. At its London facility, Indiva produced more than 1 million finished units of edible products in November, and continues to hit new daily production records in December. In addition to record production, Indiva is experiencing record demand for its edible products, as demonstrated by strong sell through data from Hifyre for the month of November.Estimated market share across British Columbia, Alberta, Saskatchewan and Ontario expanded from 32% in October to 36% share of sales in November, as Indiva increased its lead in the #1 market share position in the edibles category:Ontario...

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Greencastle Private Placement with Strategic Investor

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Greencastle Resources Ltd. (“Greencastle” or ‘the Company”) (TSXV: “VGN”) today announces the Company has reached an arrangement with Marburg Corp., whereby, Marburg shall be the sole subscriber to a Private Placement of 1,000,000 Greencastle units at $0.10. Each unit will consist of one common share and one common share purchase warrant exercisable for three years at $0.15.About MarburgMarburg is a private company based in Toronto, Canada focused on equities, metals and crypto currency trading. www.marburgcorp.comFor additional information, please visit www.greencastle.ltd or contact Anthony Roodenburg, CEO, 416-367-4571 ext. 222.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for...

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LGI Homes Introduces New Community in Austin Market

JARRELL, Texas, Dec. 10, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) announces the opening of a new community in the Austin, Texas market, Stonebridge Crossing. This new community offers homebuyers stunning new homes in a premier location starting in the low-$200s.Stonebridge Crossing is conveniently located off I-35, north of Austin, in the charming town of Jarrell. This new community is ideally situated near major employers, local schools, and great shopping and dining opportunities. Additionally, residents of this new community will enjoy access to incredible neighborhood amenities. Inside Stonebridge Crossing, homebuyers will soon enjoy a new community park with a children’s playground, a covered picnic pavilion with barbeque grills, plenty of open green space, walking trails and a dog park for furry family members.LGI...

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CarGurus Agrees to Acquire a Majority Stake in Instant Trade Platform, CarOffer

CAMBRIDGE, Mass., Dec. 10, 2020 (GLOBE NEWSWIRE) — CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today announced it has entered into a definitive agreement to acquire a 51% interest in Plano, TX-based CarOffer at an enterprise valuation of $275M, with the ability to buy the remaining equity interest in the company over the next three years. The deal is subject to certain regulatory approvals and other closing conditions.CarOffer is an automated instant vehicle trade platform that is disrupting the traditional wholesale auction model with technology that enables dealers to bid, transact, inspect and transport seamlessly. The acquisition will add wholesale capabilities to CarGurus’ portfolio of dealer offerings, creating a complete and efficient digital solution for dealers to sell and acquire vehicles at...

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The Simply Good Foods Company Nominates Joseph Schena to Join Board of Directors

DENVER, Dec. 10, 2020 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today announced that Joseph Schena has been nominated as an independent director for election at the Company’s January 21, 2021 Annual Meeting of Stockholders. As previously planned pursuant to the board’s mandatory retirement policy, Arvin “Rick” Kash will not stand for reelection at the 2021 Annual Meeting of Stockholders and his term will expire at the January meeting.Mr. Schena, 62, is a consumer products industry executive with 40 years of experience in the areas of Financial Operations and Accounting, Strategy and Business Planning, Investor Relations and Mergers & Acquisitions. “Joe’s retail and consumer packaged...

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