Day: April 1, 2021
BOCA RATON, Fla., April 01, 2021 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology holding company, announced today that its Czech Republic affiliate, Xeriant Europe s.r.o., has entered into a joint venture with Movychem s.r.o. (“Movychem”), a 27-year-old chemical company based in Slovakia, primarily to further develop applications and new markets for its breakthrough “green” fire retardant and fire resistant products under the brand name Retacell. Under the agreement, Xeriant Europe has a 50 percent stake in Movychem Holdings s.r.o., which will hold all intellectual property rights and patents, as well as exclusivity for distribution of Movychem products in the U.S. market.
“The Movychem JV is consistent with our strategy to acquire technologies that advance sustainability and safety in aerospace and...
Helios Fairfax Partners Announces Closing of Portfolio Insurance Arrangement With Fairfax Financial Holdings Limited
Written by Customer Service on . Posted in Public Companies.
Not for distribution to U.S. news wire services or dissemination in the United States.
TORONTO, April 01, 2021 (GLOBE NEWSWIRE) — Helios Fairfax Partners Corporation (TSX: HFPC.U) (“HFP”) announces the closing of its previously-announced portfolio insurance arrangement with Fairfax Financial Holdings Limited (“Fairfax”).
Under the terms of the transaction, certain of Fairfax’s affiliates have subscribed for 3.0% unsecured debentures of HFP (the “Debentures”) on a private placement basis for an aggregate subscription price of US$100 million (the “Principal Amount”). The Debentures will mature three years from March 31, 2021 (the “Closing Date”) or, at the option of Fairfax, on either of the first two anniversary dates of the Closing Date. The “Redemption Price” for the Debentures is equal to the Principal Amount, plus any accrued...
LAVA Therapeutics Appoints Karen J. Wilson to its Board of Directors
Written by Customer Service on . Posted in Public Companies.
UTRECHT, The Netherlands and PHILADELPHIA, April 01, 2021 (GLOBE NEWSWIRE) — LAVA Therapeutics N.V. (Nasdaq: LVTX), a biotechnology company focused on applying its expertise in bispecific gamma-delta T cell engagers (bsTCEs) to transform cancer therapy, today announced that Karen J. Wilson has been appointed to its Board of Directors and as chair of its Audit Committee. Ms. Wilson brings more than three decades of finance and leadership experience in the life sciences industry.
“I am delighted to welcome Karen to our Board of Directors,” said Stephen Hurly, Chief Executive Officer and President. “She joins us at an exciting time for our company as our first gamma-delta bsTCE candidates progress towards the clinic. Her deep experience leading finance organizations across both clinical- and commercial-stage public life science companies...
Honey Badger Silver Announces Director Resignation
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TORONTO, April 01, 2021 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) announces the resignation of Mr. Ed Baer from the Board of Directors of the Company. The Company would like to sincerely thank Mr. Baer for his contribution and services as a director and wishes him all the best in his future endeavours.
For more information, please visit our website at http://www.honeybadgersilver.com.
Or contact: Ms. Christina Slater at cslater@honeybadgersilver.com.
About Honey Badger Silver Inc.
Honey Badger is a mineral exploration company headquartered in Toronto, Ontario, Canada with properties in Quebec and Ontario including an expansive interest in the Thunder Bay Cobalt-Silver District. In addition, the Company has a binding letter of intent over three silver properties in southeast...
LexaGene’s Provides Corporate Update
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BEVERLY, Mass., April 01, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to provide a corporate update from LexaGene’s CEO and Founder Dr. Jack Regan.
Dear shareholders and other interested parties,
In late 2020, the Company crossed a major milestone by securing sales in the contract drug and vaccine manufacturing market and in veterinary medicine. Both sales were the result of successful technology demonstrations.
As we scaled up manufacturing in late 2020 and early 2021, we spent considerable efforts ensuring consistency in microfluidic operations across MiQLab™ systems. Now that we have reached our expectations for consistency, we are again ramping up manufacturing. As of today,...
DeFi Technologies Completes Acquisition of Remaining Interest in Valour Structured Products, a Leading Exchange Traded Product Company Focused on Digital Assets
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, April 01, 2021 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi”) (NEO: DEFI GR: RMJR) is pleased to announce that it has closed the transaction to acquire the remaining interest of Valour Structured Products (“Valour”), first announced on March 23, 2021 (the “Transaction”). Please see the Company’s press release dated January 4, 2021 for additional information on Valour.
Pursuant to the Transaction, DeFi issued a total of 36,934,316 common shares of the Company to the shareholders of Valour in proportion to their pro rata shareholdings of Valour, in exchange for the remaining interest in Valour. No finder fees were paid connection with, and no change of control of Defi resulted from, the Transaction. As a result of the Transaction, Valour is now a 100% wholly-owned subsidiary of DeFi.
Valour Highlights:Bitcoin...
Pacific Western Bank Announces Agreement to Acquire Homeowners Association Services Division From MUFG Union Bank, N.A.
Written by Customer Service on . Posted in Mergers And Acquisitions.
LOS ANGELES, April 01, 2021 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) (“PacWest”) announced today that its wholly-owned banking subsidiary, Pacific Western Bank (the “Bank”), has entered into a definitive agreement to acquire MUFG Union Bank, N.A.’s (“Union Bank”) Homeowners Association (“HOA”) Services Division. The HOA Services Division provides a full range of banking services to community management companies and their homeowners associations. This acquisition will significantly expand the Bank’s existing HOA banking practice, which provides lockbox, electronic receivables processing and other financial services to HOA management companies.
The Bank will acquire certain assets and assume certain liabilities related to Union Bank’s HOA Services Division for a premium of 5.9% on deposits plus the net book values of certain...
Navios Maritime Partners L.P. Completes Acquisition of Navios Maritime Containers L.P.
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MONACO, April 01, 2021 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM) announced that it completed the acquisition of Navios Maritime Containers L.P. (“Navios Containers”) (NASDAQ: NMCI). As of the close of the market on March 31, 2021, Navios Containers’ common units were no longer listed for trading on NASDAQ.
Angeliki Frangou, Chairman and Chief Executive Officer, stated “We are pleased to close this transformative transaction which provides Navios Partners with significant benefits of diversification. The transaction builds scale through a larger, diversified asset base with an increased earnings capacity. The enlarged entity will benefit from a simplified capital and organizational structure thereby eliminating duplicative costs. The entity will have an enhanced credit profile through increased...
Change in eQ Plc’s Management Team
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eQ Plc Stock Exchange Release
1 April 2021, at 2.30 p.m.
eQ Plc has previously announced that Janne Larma shall today 1 April 2021 assume the full-time Chair of the Board position and Mikko Koskimies shall assume the position as a CEO of the Company.
In accordance with the abovementioned change, Janne Larma shall resign from the Management Team of the Company, and as of today, Mikko Koskimies shall assume the Chair of the Management Team position.
Helsinki, 1 April 2021
eQ Plc
Board of Directors
Additional information: Mikko Koskimies, CEO, tel. +358 9 6817 8799
Distribution: Nasdaq Helsinki, www.eQ.fi
eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management...
Muutoksia eQ Oyj:n johtoryhmässä
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eQ Oyj Pörssitiedote
1.4.2021, klo 14:30
eQ Oyj:n aiemmin tiedottaman mukaisesti, Janne Larma aloittaa tänään 1.4.2021 yhtiön hallituksen päätoimisena puheenjohtajana ja Mikko Koskimies yhtiön toimitusjohtajana.
Muutoksen seurauksena Janne Larma jättäytyy pois Yhtiön johtoryhmästä, ja Mikko Koskimies toimii johtoryhmän puheenjohtajana 1.4.2021 alkaen.
Helsinki 1.4.2021
eQ Oyj
Hallitus
Lisätietoja: toimitusjohtaja Mikko Koskimies, puh. +358 9 6817 8799
Jakelu: Nasdaq Helsinki, www.eQ.fi
eQ-konserni on kotimainen varainhoitoon ja Corporate Finance -toimintaan keskittyvä yhtiöryhmä. eQ Varainhoito tarjoaa monipuolisia varainhoitopalveluita (ml. pääomarahastot ja kiinteistövarainhoito) sekä instituutioasiakkaille että yksityishenkilöille. Konsernin hallinnoitavat varat ovat noin 9,0 miljardia euroa. Konserniin...