Day: February 3, 2021
DENVER, Feb. 03, 2021 (GLOBE NEWSWIRE) — Mydecine Innovations Group (CSE: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company’), an emerging biopharma and life sciences company committed to the research, development, and acceptance of alternative nature-sourced medicine for mainstream use, announced the appointment of Josephine Wu, Founder and CIO at Aionious Management, Ltd., to the Company’s Board of Directors.Josh Bartch, Chairman and CEO of Mydecine, stated, “The Board of Directors welcomes Ms. Josephine Wu to our board as a contributing member as Mydecine continues its growth trajectory. Josephine’s operational and financial leadership in the healthcare and biopharma spaces in addition to her experience bringing numerous successful drugs to market underpins Mydecine’s core strategy in the sector. Her knowledge will be...
Plus Products Inc. Announces Extraordinary Meeting of Debentureholders
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SAN MATEO, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis and hemp branded products company in the U.S., is pleased to announce an extraordinary meeting of holders of 8.00% unsecured convertible debentures due February 28, 2021 (the “Debentures”).The meeting details are as follows:Date: February 25, 2021Time: 10:00 a.m. (Pacific Time)Place: Telephone Conference CallA Management Information Circular (the “Circular”) containing a detailed description of certain amendments for consideration (the “Debenture Amendments”) and resolutions for consideration (the “Resolution Amendments”) has been mailed to the Company’s debentureholders of record (the “Debentureholders”). Due to COVID-19 restrictions, the meeting is scheduled to be held by telephone conference...
Zash Studio Documentary Chicago: America’s Hidden War Lands on Oscar Eligibility List
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Bethlehem, PA, Feb. 03, 2021 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (NASDAQ: BBIG) and its newly engaged partner Zash Global Media and Entertainment, with subsidiaries Zash Studios has recently come on board with Miss Muffet Studios and Six+One Studios on the film Chicago: America’s Hidden War. We’re excited to announce that the feature length documentary exposing Chicago’s gut-wrenching violence has been included on the 2021 Oscars Eligibility list. In his directorial debut, Daylight Supreme’s film Chicago: America’s Hidden War is being considered in the Best Documentary Feature Category. Zash Studio, a subsidiary of Zash Global Media and Entertainment, first screened the film in their studio location in Syracuse, New York.Chicago: America’s Hidden War pulls back the curtain to expose the real pain of Chicago’s inner city and...
Red Light Holland Announces $5 Million Bought Deal Equity Financing
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Red Light Holland Corp. (“Red Light Holland” or the “Company”) (CSE:TRIP), an Ontario-based corporation positioning itself to engage in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is pleased to announce that it has entered into a letter of engagement with Eight Capital, under which Eight Capital has agreed to purchase, as sole bookrunner and underwriter, 11,600,000 units of the Company (the “Units”), on a “bought deal” basis pursuant to a filing of a short form prospectus, subject to all required regulatory approvals, at a price per Unit of $0.44 (the “Issue Price”) for gross proceeds of $5,060,000 (the “Offering”).The...
Kinnevik leads funding round in Vivino
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Kinnevik AB (publ) (“Kinnevik”) today announced that it is investing USD 70m in Vivino, the world’s leading wine app.Vivino is the world’s largest online wine community and most downloaded wine app with over 50 million users, who turn to the platform for its personalized recommendations, unbiased ratings, and selection of wines from more than 700 marketplace partners worldwide.Vivino was founded by Heini Zachariassen and Theis Søndergaard who set out to create a service for people that want to find great wines. Similar to groceries, the market for wine is massive, around USD 400bn per year globally, and the transition to online is lagging other categories. The company has reached significant scale with over USD 250m in GMV and profitability despite only converting circa 1.5% of app users to buyers thus offering significant...
Kinnevik leder finansieringsrunda i Vivino
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Kinnevik AB (publ) (“Kinnevik”) meddelade idag att bolaget investerar 70 MUSD i den världsledande vinappen Vivino.Vivino är världens största onlinenätverk för vin och den mest nedladdade vinappen. Bolaget har över 50 miljoner användare som vänder sig till plattformen för att få ta del av personliga rekommendationer, objektiva bedömningar av vin och ett urval av vin från fler än 700 partners världen över.Vivino grundades av Heini Zachariassen och Theis Søndergaard som ville skapa en tjänst för människor som vill hitta riktigt bra viner. I likhet med livsmedel är vinmarknaden mycket stor och omsätter runt 400 miljarder USD per år globalt, samtidigt som digitaliseringen släpar efter. Bolaget har nått en betydande skala med över 250 MUSD i bruttoförsäljningsvärde och är lönsamt trots att de i dagsläget endast konverterar cirka 1,5%...
Aura Minerals Approves Development of Almas Gold Project
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ROAD TOWN, British Virgin Islands, Feb. 03, 2021 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (“Aura” or the “Company”) is pleased to announce that, based on the conclusion of a completed feasibility study (the “Study”) and detailed analysis by the management team, the Board of Directors of the Company has approved the development of the Almas Gold Project (“Almas” or “the Project”), an open pit gold mine located in the state of Tocantins, Brazil. The Almas Project is expected to be operational by the second half of 2022, with an after-tax total investment estimated at approximately US$73 million, yielding an after-tax net present value (“NPV”) of US$183 million when using the weighted average consensus gold prices for the projected period of US$1,558 per ounce. An upside scenario using a gold price of US$1,800 per ounce yields...
Foresight Solar & Technology VCT plc – Director Resignation
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Foresight Solar & Technology VCT plcDirector ResignationForesight Solar & Technology VCT plc announces that Mr Michael Liston has resigned as a director of the Company with immediate effect from 3 February 2021. Michael has also resigned from the Audit Committee, for which he was formerly Chair.The Board is well advanced with the recruitment of Michael’s replacement and expects to confirm the appointment of an appropriate candidate in due course.Ernie Richardson, Chairman, said ‘we would like to place on record our thanks to Mike for his contribution to the success of the Company since launch and wish him well for the future’.For further information please contact:Gary Fraser, Foresight Group: 020 3667 8181
Brookfield Infrastructure Reports 2020 Year-End Results
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BROOKFIELD, NEWS, Feb. 03, 2021 (GLOBE NEWSWIRE) — Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) today announced its results for the fourth quarter ended December 31, 2020.“2020 provided a unique backdrop to showcase the resilience and strength of our business,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. “We were also able to invest in high quality assets that were immediately accretive to our results. We are beginning 2021 with a robust liquidity position which will allow us to pursue attractive opportunities and convert them into meaningful investments.”Brookfield reported net income for the year of $394 million ($0.35 per unit) compared to $233 million ($0.06 per unit) in the prior year. Net income for the year benefited from organic growth across our regulated and contracted operations, contributions...
ScottsMiracle-Gro Announces Record First Quarter Results; U.S. Consumer Sales Increase 147%, Hawthorne Sales Rise 71%
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Company reports first-ever profit for fiscal first quarterFull year sales guidance increased; Non-GAAP adjusted EPS guidance reaffirmedMARYSVILLE, Ohio, Feb. 03, 2021 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), one of the world’s leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products, today announced company-wide sales increased 105 percent to a record $748.6 million in its fiscal first quarter primarily driven by strong retailer support in the U.S. Consumer segment as well as continued momentum in Hawthorne.For the quarter ended January 2, 2021, income from continuing operations was $0.43 per diluted share, compared with a loss of $1.28 per share in fiscal 2020. Non-GAAP adjusted earnings – which is the basis of the Company’s guidance – was $0.39 per diluted share...