Month: January 2021

BOSTON, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) — Duck Creek Technologies, Inc. (Nasdaq: DCT) (“Duck Creek”), a provider of SaaS-delivered enterprise software to the property & casualty (“P&C”) insurance industry, announced today the pricing of an underwritten public offering by Duck Creek and certain of its stockholders of a total of 9,000,000 shares of Duck Creek’s common stock (an upsize of 1,000,000 shares) at a public offering price of $46.00 per share, including 8,910,000 shares offered by the selling stockholders and 90,000 shares offered by Duck Creek. The offering is expected to close on February 2, 2021, subject to customary closing conditions. The selling stockholders also granted the underwriters a 30-day option to purchase up to 1,350,000 additional shares of Duck Creek’s common stock at the public offering price,...

Hong Kong, Jan. 28, 2021 (GLOBE NEWSWIRE) — Bridgetown 2 Holdings Limited (the “Company”) today announced the closing of its initial public offering of 29,900,000 Class A ordinary shares, including the exercise in full of the underwriters 45-day option to purchase up to an additional 3,900,000 Class A ordinary shares. The offering was priced at $10.00 per share, resulting in gross proceeds of $299,000,000.Bridgetown 2 Holdings Limited is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination target in any business or industry, the Company intends to focus on a target with operations or prospective operations in the technology, financial...

VANCOUVER, British Columbia, Jan. 28, 2021 (GLOBE NEWSWIRE) — VALOREM RESOURCES INC. (the “Company” or “Valorem”) (CSE: VALU) (Frankfurt: 1XW1) is pleased to announce that it has closed the first tranche of a non-brokered private placement (the “First Tranche”). Pursuant to the First Tranche, the Company issued 8,889,998 units (the “Units”) of the Company at a price of $0.10 per Unit for gross proceeds of $888,999.90 (the “Offering”).  Each Unit consists of one (1) common share of the Company (a “Common Share”) and one (1) transferable share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to purchase one (1) additional Common Share for a period of one (1) year from closing at a price of $0.13 per Common Share.The securities issued pursuant to the First Tranche are subject to a four (4) month hold period....

San Francisco, CA, Jan. 28, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Oncology Pharma Inc. (OTC: ONPH) is pleased to announce that it has retained the services of Mr. James Smith, CPA as its new Chief Financial Officer.  Mr. James Smith, CPA is a seasoned executive officer with experience encompassing multiple public and private companies across a variety of industries.  His prior experience includes CEO and/or CFO in two fully reporting SEC registrants as well as numerous OTC Pink Sheet companies in either the CFO, outside accountant or CEO capacities. In addition, during his employment with two national accounting firms and in his own CPA firm practice, Mr. Smith has worked with multiple Family Offices and investors in assisting them with their operations, capital placement, organizational strategy and structure, with an...

CALGARY, Alberta, Jan. 28, 2021 (GLOBE NEWSWIRE) — Total Energy Services Inc. (TSX:TOT) (“Total” or the “Company”) is pleased to announce that the Court of Queen’s Bench of Alberta has summarily dismissed a $20 million claim by Western Energy Services Corp. (“Western”) against Savanna Energy Services Corp. (“Savanna”). Savanna is a wholly-owned subsidiary of Total.Following an offer by Total in December 2016 to acquire all of the shares of Savanna, in March 2017 Savanna and Western entered into an arrangement agreement (the “Arrangement Agreement”) that contemplated the combination of Savanna and Western. The Arrangement Agreement required that at least 66 2/3% of the shares of Savanna be voted in favor of such combination. On March 24, 2017 Total acquired a majority of the shares of Savanna thereby preventing Savanna...