Day: February 8, 2021
Singapore, February 4, 2021 — Launching its brand new platform, MiMo offers a bridge between DeFi (decentralized finance) and the trusted EURO fiat world. Conservative and risk-averse financial services users who are seeking higher returns than those currently offered by traditional banking institutions can now access a EURO DeFi platform that yields impressive returns without exposure to high volatility as is the case with many other cryptocurrencies. In a nutshell, the MiMo stable token PAR now offers up the first EURO alternative to USD pegged stablecoins.
“With PAR, we are creating an alternative to USD pegged stablecoins such as USDT, USDC or PAX. With a token algorithmically pegged to the EURO, there is a stronger liability due to the inherent macroeconomic politics of the European Union, which make it a great hedge against...
DenekB Joins Visas Fintech Fast Track Program
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Dubai, February 08, 2021 – DenekB, a UAE-based digital Fintech company, announced today that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa. DenekB is a digital platform aimed at creating and promoting financial literacy and access to consumer financial services for the underserved middle- and lower-income residents in the UAE.
Through Visa’s Fintech Fast Track program, DenekB will be able to more easily leverage the reach, capabilities, and security of VisaNet, Visa’s global payment network, to launch a virtual prepaid card. The card will help people make everyday spending more rewarding by providing access to financial education, payment products, and a marketplace in partnership with Visa. The DenekB virtual prepaid Visa card can be used for everyday transactions across all outlets...
Clean Power’s PowerTap Announces Hydrogen Station USA Distribution Business Model Details
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VANCOUVER, British Columbia, Feb. 08, 2021 (GLOBE NEWSWIRE) — Clean Power Capital Corp. (CSE: MOVE)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or “MOVE”). Further to Clean Power’s press release of January 26, 2021 announcing a Definitive Agreement between Clean Power’s investee PowerTap Hydrogen Fueling and the Andretti Group to install PowerTap’s innovative modular hydrogen production and dispensing units in California this year. PowerTap and the Andretti Group are elaborating on details of the business model and benefits for Retailers and PowerTap.Physical Site Eligibility RequirementsExisting fuels RetailerUsable footprint of at least 1000 square feetAccess to utilities: natural gas, electricity and waterKey Points for Business ModelRetailer provides land, with no lease expense to PowerTapPowerTap installs...
Pretivm Provides COVID-19 Update at Brucejack
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VANCOUVER, British Columbia, Feb. 07, 2021 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) today announced that it is currently managing 9 cases of COVID-19 among employees and contractors at the Brucejack Mine in British Columbia. All are in isolation, remain in good health and have exhibited limited symptoms. In partnership with the local health authority, BC Northern Health, contact tracing was undertaken to determine the potential for additional exposures. Close contacts, identified through the tracing process, have been notified and moved into isolation. Isolation protocols will remain in effect for the duration established by Northern Health, with regular monitoring for COVID-19 symptoms.The Company has also become aware of employees who are currently off site and have contracted the...
IIJ Announces its Nine Months Financial Results for the Fiscal Year Ending March 31, 2021
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TOKYO, Feb. 08, 2021 (GLOBE NEWSWIRE) — Internet Initiative Japan Inc. (“IIJ”, TSE1: 3774) today announced its nine months consolidated financial results for the fiscal year ending March 31, 2021 (“1Q-3Q20”, from April 1, 2020 to December 31, 2020) under International Financial Reporting Standards (IFRS).1Overview of 1Q-3Q20 Financial Results and Business Outlook“We were able to structurally and continuously increase profit with strong accumulation of enterprise monthly recurring revenue, especially network services. As a leading comprehensive network solution provider, we need to continuously develop and upgrade our service functions, which always impose in-front cost on us. Yet, when we have substantial accumulation of revenue, we can enjoy scale-merit and expect to see continuous profit growth as we gather revenues of various...
Notice Regarding Upward Revision of the Full-Year Financial Targets for the Fiscal Year ending March 31, 2021
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TOKYO, Feb. 08, 2021 (GLOBE NEWSWIRE) — Internet Initiative Japan Inc. (“IIJ”, TSE1: 3774) announced revision of the full year financial targets for the fiscal year ending March 31, 2021 (“FY2020”, April 1, 2020 to March 31, 2021) based on IIJ’s recent business performance trends.1.Revision for the Consolidated Financial Targets for FY2020 (From April 1, 2020 to March 31, 2021)2. Reasons for RevisionIn FY2020, as Japanese enterprises’ utilization of ICT2 related services advances, our enterprise recurring revenue3 growth has been exceeding our expectation and gross profit of network services has largely been increasing. Based on this, we revised our full-year financial targets for FY2020 on November 9, 2020 when we announced our first half of FY2020 financial results.In the third quarter of FY2020, the growth of our enterprise recurring...
Ocugen Inc. Announces $23 Million Registered Direct Offering of Common Stock Priced at a Premium to Market
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MALVERN, Pa., Feb. 07, 2021 (GLOBE NEWSWIRE) — Ocugen, Inc. (Nasdaq: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to fight COVID-19, today announced that it has entered into definitive agreements with healthcare-focused institutional investors for the sale of an aggregate of 3,000,000 shares of its common stock at a purchase price of $7.65 per share in a registered direct offering. The offering is expected to close on or about February 10, 2021, subject to the satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The gross proceeds of the offering are expected to be approximately $23 million, prior to deducting placement agent’s fees and other...
The Board of Directors of Hoylu resolves on a private placement of approximately SEK 28.5 million, and a directed share issue of approximately SEK 1.5 million subject to shareholders’ approval
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The Board of Directors in Hoylu AB (publ) (“Hoylu” or the “Company”) has today, based on the authorization granted by the Annual General Meeting on 25 June 2020, resolved, and carried out, a directed share issue of approximately SEK 28.5 million (the “Private Placement”).In addition, the Board of Directors resolved, subject to the subsequent approval by the shareholders on an extraordinary general meeting, to carry out a directed share issue of up to 535,713 new shares to the Deputy CEO Truls Baklid and the board member Hans Othar Blix (the “Directed Share Issue”). The Board of Directors intends to summon shareholders to an extraordinary general meeting to resolve on the Directed Share Issue. The notice of the extraordinary general meeting will be issued separately, together with complete terms and conditions of the Directed Share Issue.Summary:...
Styrelsen i Hoylu har beslutat att genomföra en private placement om cirka 28,5 miljoner kronor och en riktad nyemission om cirka 1,5 miljoner kronor villkorad av aktieägarnas godkännande
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Styrelsen i Hoylu AB (publ) (”Hoylu” eller ”Bolaget”) har idag, med stöd av bemyndigandet från årsstämman den 25 juni 2020, beslutat om, och genomfört, en private placement om ca 28,5 miljoner kronor (”Private Placement”).Styrelsen har idag även beslutat, villkorat av bolagsstämmans efterföljande godkännande, att genomföra en riktad nyemission bestående av högst 535 713 nya aktier till Bolagets vice VD Truls Baklid och till styrelseledamoten Hans Othar Blix (den ”Riktade Nyemissionen”). Styrelsen avser att utfärda kallelse till extra bolagsstämma för att besluta om den Riktade Nyemissionen. Kallelsen till extra bolagsstämman kommer att publiceras separat tillsammans med fullständiga villkor för den Riktade Nyemissionen.Sammanfattning: Private Placement• Private Placement-emissionen kommer öka Bolagets aktiekapital med 839 111,50 kronor...