Month: January 2021
TRANSACTION HIGHLIGHTSContinuation of Northland’s strategy of leveraging its top ten offshore wind sector position globally to expand its offshore wind portfolioPartnership delivers scale and opportunity to enter growing offshore wind market in Central EuropePoland provides an attractive investment destination, with clear roadmap for offshore wind and other renewable technologies such as onshore wind and solarProject expected to benefit from long-term, 25-year revenue contractStrategic partner PKN ORLEN, Poland’s largest company provides significant local presenceTORONTO, Jan. 29, 2021 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announced today that it has entered into an agreement with PKN ORLEN S.A. (“PKN ORLEN”) (WSE: PKN) to acquire a 49% interest (subject to regulatory approvals) in the Baltic...
Twin Disc, Inc. Announces Fiscal 2021 Second Quarter Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Challenging market conditions continue due to the global COVID-19 crisisProduction begins at new Lufkin, TX manufacturing facilityGenerated $3.5 million of operating cash flow for the three months ended December 25, 2020Six-month backlog at December 25, 2020 was $74.9 million, up approximately 12% from June 30, 2020RACINE, Wis., Jan. 29, 2021 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2021 second quarter and first half ended December 25, 2020.Sales for the fiscal 2021 second quarter were $48.4 million, compared to $59.5 million for the same period last year. The 18.6% decrease in fiscal 2021 second quarter net sales was primarily due to year-over-year softness in the Company’s oil and gas, industrial, and marine markets, and the continued impacts the COVID-19 crisis is having...
Northway Financial, Inc. Announces 2020 Earnings and Declares Semi-Annual Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NORTH CONWAY, N.H., Jan. 29, 2021 (GLOBE NEWSWIRE) — Northway Financial, Inc. (the “Company”) (OTCQB: NWYF), the parent company of Northway Bank (the “Bank”), today reported net income for the year ended December 31, 2020 of $5.2MM, or $1.91 per basic common share.The Board of Directors declared a semi-annual cash dividend of $0.35 per share, payable on February 16, 2021, to common stockholders of record on February 8, 2021.President and CEO William J. Woodward commented: “2020 was one of the most challenging years in our long history of providing community banking services to the residents of New Hampshire. The pandemic effected every part of our Bank and required us to adapt to a constantly changing environment. I am extremely proud of our entire organization in pulling together to meet our customers’ needs. For the first time...
BIGG Digital Assets Inc. Purchases Additional 24.3 Bitcoins for Netcoins Operational Float; Total Bitcoin Treasury Reaches 239.3 BTC
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (“BIG”), a leading developer of Blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce that it has acquired 24.3 additional Bitcoins which will be used for Netcoins operational float, and also become part of BIGG’s long term treasury holdings. BIGG purchased the Bitcoins at a cost of CAD $41,164 per BTC, for a total investment of CAD $1,000,000.This purchase, added to BIGG’s existing Bitcoin holdings, brings the treasury...
Dassault Aviation receives order for 12 Rafales for French Air and Space Force
Written by Customer Service on . Posted in Public Companies.
Dassault Aviation receives orderfor 12 Rafales for French Air and Space ForceSaint-Cloud, January 29th, 2021 – Eric Trappier, Chairman and CEO of Dassault Aviation, today signed a contract for the sale of 12 Rafale aircraft with Florence Parly, French Minister of the Armed Forces.These aircraft will replace the 12 Rafales of the French Air and Space Force (FASF) sold to the Hellenic Air Force.The contract was signed during a visit by the French Minister of the Armed Forces to the Argonay plant in Haute-Savoie which has produced the flight control systems for all Dassault aircraft since 1963.Dassault Aviation and its industrial partners would like to thank the French Ministry of the Armed Forces, the French defense procurement agency DGA and the Armed Forces for their renewed confidence.“This contract for 12 new aircraft will...
Dassault Aviation reçoit une commande de 12 Rafale pour l’armée de l’Air et de l’Espace
Written by Customer Service on . Posted in Public Companies.
Dassault Aviation reçoit une commandede 12 Rafale pour l’armée de l’Air et de l’EspaceSaint-Cloud, le 29 janvier 2021 – Eric Trappier, P-DG de Dassault Aviation, a signé ce jour avec Florence Parly, ministre des Armées, un contrat pour la vente de 12 Rafale.Ces avions remplaceront les 12 Rafale de l’armée de l’Air et de l’Espace française vendus à l’armée de l’Air grecque.La signature a eu lieu lors d’une visite de la ministre des Armées à l’usine d’Argonay (Haute-Savoie) où sont produits les systèmes de commandes de vol de tous les avions Dassault depuis 1963.Dassault Aviation et ses partenaires industriels remercient le ministère des Armées, la Direction générale de l’armement et les Armées pour leur confiance renouvelée.« Ce contrat de 12 avions neufs permet à notre armée de l’Air et de l’Espace de poursuivre sa montée en puissance...
Financial Resources Group Investment Services Announces Partnership with The First National Bank of Long Island to Provide Investment Services
Written by Customer Service on . Posted in Public Companies.
FORT MILL, S.C., Jan. 29, 2021 (GLOBE NEWSWIRE) — Financial Resources Group Investment Services, LLC (Financial Resources Group) announces their partnership with The First National Bank of Long Island (First National Bank LI). First National Bank of LI will transition its retail investment and investment management division platforms to LPL Financial, the nation’s largest independent broker-dealer1, and work directly with Financial Resources Group.First National Bank LI remains committed to delivering access to sound financial advice, wealth management offerings and trust services2 to its customers. Partnering with Financial Resources Group and LPL Financial enables First National Bank LI to provide its customers with access to thousands of investment products, allowing advisors to tailor specifically to each person’s needs.“After...
GT Gold Sets Record Straight on Misleading Statements by Dissidents
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — GT Gold Corp. (TSX-V:GTT; OTCQX:GTGDF) (the “Company” or “GT Gold”) today set the record straight on misleading statements by The K2 Principal Fund L.P. (“K2”) and Muddy Waters Capital LLC (“Muddy Waters”) (collectively, the “Dissidents”) that materially misrepresent GT Gold’s recent financing (the “Financing”) and the Board representation discussions.Muddy Waters’ Unacceptable Financing InitiativeGT Gold’s Board of Directors unanimously rejected the financing proposed by Muddy Waters because it was not in the best interests of the Company. The Dissidents omitted the following key facts:It was at K2’s request that GT Gold became involved in discussions with Muddy Waters. A draft “indicative” proposal, submitted by Muddy Waters on behalf of itself and unidentified...
Dada Announces Change to Board Composition
Written by Customer Service on . Posted in Public Companies.
SHANGHAI, China, Jan. 29, 2021 (GLOBE NEWSWIRE) — Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China’s leading local on-demand delivery and retail platform, today announced the appointment of a new director to its board of directors (the “Board”): Mr. Rui Yu, effective January 27, 2021. Mr. Zhenhui Wang has concurrently resigned from his position as a director of the Board. After the change, the Board will continue to consist of nine members, two of whom are independent directors.Rui Yu is the chief executive officer of JD Logistics. Mr. Yu joined JD.com in 2008, and has held multiple executive positions within the company and its retail and logistics business groups. In particular, Mr. Yu has extensive experience in operation and management in the logistics industry. He served as head of both the Central China and...
ArcAroma AB: 210129 Nytt publiceringsdatum för bokslutskommunikén med proformasiffror för fusionerat bolag – den 16 februari
Written by Customer Service on . Posted in Public Companies.
Pressmeddelande 2021-01-29Styrelsen i ArcAroma AB (publ) har beslutat att senarelägga publiceringen av bokslutskommunikén för 2020, som flyttas fram från den 9 februari till den 16 februari. I samband med publiceringen av bokslutskommunikén kommer en proforma balansräkning för det fusionerade bolaget per den 31/12 att presenteras.ArcAroma väljer att senarelägga publiceringen av bokslutskommunikén till samma dag som OptiFreeze publicerar sin bokslutskommuniké, den 16 februari. Detta görs mot bakgrund av tidigare kommunicerat beslut att styrelserna i ArcAroma och OptiFreeze föreslår ett samgående genom fusion.I syfte att beskriva den föreslagna fusionens övergripande finansiella effekter, kommer en proforma balansräkning per den 31/12 för det fusionerade bolaget att presenteras i samband med att bokslutskommunikén publiceras den 16 februari.För...