Kismet Acquisition Three Corp. Announces Closing of $287.5 Million Initial Public Offering

Written by Customer Service on February 22, 2021. Posted in Public Companies.

Moscow, Russia, Feb. 22, 2021 (GLOBE NEWSWIRE) — Kismet Acquisition Three Corp. (Nasdaq: KIIIU) (the “Company”) announced today that it closed its initial public offering of 28,750,000 units, which included the full exercise of the underwriters’ option to purchase additional units. The offering was priced at $10.00 per unit, generating total gross proceeds of $287,500,000.The units began trading on the Nasdaq Capital Market under the ticker symbol “KIIIU” on February 18, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants...

TILT Holdings, Inc. Announces Assignment of Ermont, Inc. Note Receivable

Written by Customer Service on February 22, 2021. Posted in Public Companies.

PHOENIX, Feb. 22, 2021 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (CSE: TILT) (OTCQX: TLLTF), a provider of business solutions to the global cannabis industry that includes inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced the assignment by its subsidiary, SH Finance Company, LLC, of the Loan and Security Agreement entered into with Ermont, Inc. (the “Ermont Note”) to Teneo Funds SPVi LLC, through an arm’s-length third-party transaction, in exchange for $1,250,000 in cash and a portion of future collections pursuant to the Ermont Note. The assignment agreement contains standard representations, warranties and indemnifications between the parties.“We believe that the assignment of the Ermont Note is a substantial step in helping to resolve certain concerns...

Oncternal Therapeutics Reports Granting of an Inducement Award Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on February 22, 2021. Posted in Public Companies.

SAN DIEGO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Oncternal Therapeutics, Inc. (Nasdaq: ONCT), a clinical-stage biopharmaceutical company focused on the development of novel oncology therapies, today announced that it has granted an inducement award to one new non-executive employee, Christy Stolzer, who joined the company as Associate Director, Drug Safety.The award was made on February 22, 2021 under Oncternal’s 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Oncternal as an inducement to join the Company. The inducement award to the Ms. Stolzer consists of options to purchase 60,000 shares of Oncternal common stock. The options have a 10-year term and an exercise price equal to $7.20 per share, the fair market value of Oncternal’s common stock on the date of grant....

Kismet Acquisition Two Corp. Announces Closing of $230 Million Initial Public Offering

Written by Customer Service on February 22, 2021. Posted in Public Companies.

Moscow, Russia, Feb. 22, 2021 (GLOBE NEWSWIRE) — Kismet Acquisition Two Corp. (Nasdaq: KAIIU) (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, which included the full exercise of the underwriters’ option to purchase additional units. The offering was priced at $10.00 per unit, generating total gross proceeds of $230,000,000.The units began trading on the Nasdaq Capital Market under the ticker symbol “KAIIU” on February 18, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants...

Petrolympic Announces Completion of Debt Settlement

Written by Customer Service on February 22, 2021. Posted in Public Companies.

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Petrolympic Ltd. (TSXV: PCQ) (the “Company“) reports that its board of directors has approved the settlement of $100,000 of debt through the issuance of common shares of the Company (the “Debt Settlement“). Pursuant to the Debt Settlement, the Company would issue an aggregate of 1,428,571 common shares of the Company (the “Shares“) at a deemed price of $0.07 per Share to a creditor of the Company, who is an officer of the Company (the “Creditor“).The issuance of the Shares to the Creditor is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.As the Creditor is an insider of the Company, the...

Eldorado Gold Announces Maiden Inferred Mineral Resource of 803,000 Ounces at 9.5 g/t Gold at the Ormaque Deposit in Quebec

Written by Customer Service on February 22, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) — Eldorado Gold Corporation, (“Eldorado” or the “Company”) is pleased to announce a maiden resource estimate for the recently-discovered Ormaque deposit near its Lamaque operations (Figure 1) in Quebec. Inferred Mineral Resources total 2,620,000 tonnes at a grade of 9.53 grams per tonne gold, for 803,000 ounces of contained gold.“This early exploration success at Ormaque highlights the outstanding growth potential at Lamaque,” said George Burns, President and CEO. “The short time frame from initial discovery to maiden inferred resource is a testament to the drive of our team and the strong exploration potential within our land package in the Abitibi Greenstone Belt. The strike continuity, vein orientation and dimensions of the Ormaque deposit exhibit important similarities...

CORRECTION – Fortress Transportation and Infrastructure LLC Announces Jefferson Energy Companies’ Successful Completion of its Cross Channel Pipelines Project to the ExxonMobil Beaumont Refinery

Written by Customer Service on February 22, 2021. Posted in Public Companies.

NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline on Monday, February 22nd, 2021 by Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), please note that the third paragraph including a quote has been removed altogether. The corrected release follows:Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) and Jefferson Energy Companies (“Jefferson Energy”) are pleased to announce the successful completion of its Cross Channel Pipelines project. This project consists of six pipelines connecting the Jefferson Energy terminal to the ExxonMobil (NYSE:XOM) Beaumont refinery and allows for ratable and efficient pipeline movements of both refined products and crude oil between the two locations. Barge traffic on the Neches River and at the Jefferson Energy terminal will...

Sports Ventures Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants

Written by Customer Service on February 22, 2021. Posted in Public Companies.

Bal Harbour, FL, Feb. 22, 2021 (GLOBE NEWSWIRE) — Sports Ventures Acquisition Corp. (the “Company”) announced today that, commencing February 26, 2021, holders of the 23,000,000 units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the Nasdaq Stock Market LLC under the symbols “AKIC” and “AKICW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on the Nasdaq Stock Market LLC under the symbol “AKICU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order...

SmartCentres Declares Distribution for February 2021

Written by Customer Service on February 22, 2021. Posted in Dividend Reports And Estimates.

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of February 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on March 15, 2021 to unitholders of record on February 26, 2021.About SmartCentresSmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 167 strategically located properties in communities across the country. SmartCentres has approximately $10.7 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with over 97% occupancy, on 3,500 acres of owned land across Canada.SmartCentres...

Namaste Technologies Subsidiary CannMart Signs National Supply Agreement with HEXO

Written by Customer Service on February 22, 2021. Posted in Public Companies.

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) a marketplace platform for cannabis and wellness products, is pleased to announce the expansion of its product range to Canadian medical customers at CannMart.com with the addition of leading licensed producer: Hexo Corp (“HEXO”) (TSX: HEXO; NYSE: HEXO). Canadians registered at CannMart.com can expect new products from HEXO to become available in March 2021 on an ongoing basis, or until such time as the agreement is terminated by either party.“Working with established players such as HEXO expands our product range within the medical cannabis market, while allowing our partners to focus on their business of producing and marketing their cannabis products,” said Meni Morim, CEO of Namaste. “It...

Day: February 22, 2021

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