Day: April 7, 2021

VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — Pender Growth Fund Inc. (the “Company” or “Pender”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) for the potential acquisition (the “Proposed Transaction”) of all of the issued and outstanding shares of the Working Opportunity Fund (EVCC) Ltd. (“WOF”) in exchange for cash consideration pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia). As a steadfast investor in private companies in the BC technology sector since 2000, Pender believes that long-term committed capital is a key requirement for building a strong local tech sector. Since 1993, WOF has also been a key supporter of the BC technology industry, providing patient...

VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the year ended December 31, 2020. Financial HighlightsNet income was $14,475,473 for the year ended December 31, 2020 (December 31, 2019 – $2,062,881) as a result of investment performance in the year. Net income per Share for the year ended December 31, 2020 was $1.84 (December 31, 2019 – $0.31). Net assets per Class C common share (“Share”) were $6.11 as at December 31, 2020 (December 31, 2019 – $4.19). The Company’s net assets were $47.3 million as at December 31, 2020 (December 31, 2019 – $33.8 million) reflecting positive investment performance. Shares outstanding were 7,740,129 (December 31, 2019 – 8,083,329), a decrease from December 31,...

HONG KONG, April 07, 2021 (GLOBE NEWSWIRE) — Model Performance Acquisition Corp. (NASDAQ: MPACU) (“Model Performance Acquisition Corp.” or the “Company”) announced the pricing of its initial public offering of 5,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market (“NASDAQ”) and trade under the ticker symbol “MPACU” beginning April 8, 2021. Each unit consists of one Class A ordinary share, one half of one redeemable warrant, and one right to receive one-tenth of one Class A ordinary share upon the consummation of the Company’s initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading,...

TORONTO, April 07, 2021 (GLOBE NEWSWIRE) — Silo Wellness Inc. (CSE: SILO), a wellness company in the psychedelics and functional mushroom marketplaces, regrets to announce the passing of board member, Maurice ‘Moe’ Colson, who passed away on March 26, 2021. “It is with great sadness that I announce the recent passing of our Board colleague, Moe Colson,” stated Douglas K. Gordon, Chief Executive Officer of Silo Wellness. “Moe is remembered as a good friend, devoted husband, father and grandfather as well as trusted advisor.” Mr. Colson served as board member while at Silo Wellness, since the completion of the company’s successful RTO transaction with Yukoterre Resources Inc., in early March of this year. An investment banker, Mr. Colson served as company director for Yukoterre since May 2019. After more than three decades of experience...

Not for distribution to U.S. news wire services or dissemination in the United States. ST. JOHN’S, Newfoundland, April 07, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, announced it has filed a final short form base shelf prospectus (the “Base Shelf Prospectus”) with securities regulatory authorities in each of the provinces and territories of Canada. The Base Shelf Prospectus allows the Company to qualify the distribution by way of prospectus of up to $65 million of common shares, debt securities, subscription receipts, warrants and units (all of the foregoing, collectively, the “Securities”) or any combination thereof, during the 25-month period that the Base Shelf Prospectus remains effective. The specific terms of any offering of Securities will be set forth in...

BRENTWOOD, Tenn., April 07, 2021 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (the “Company”) announced today that it successfully upsized and priced its offering of $450,000,000 aggregate principal amount of 8.25% senior unsecured notes due 2026 (the “Notes”). The aggregate principal amount of the Notes to be issued in the offering was increased to $450 million from the previously announced $400 million. The Notes were priced at 99.0% of face value and thus will have an effective yield to maturity of 8.50%. The aggregate net proceeds from the sale of the Notes are expected to be approximately $435.1 million, after deducting the underwriting discounts and estimated offering expenses. CoreCivic intends to use a significant amount of the net proceeds from the offering of the Notes (i) to redeem all $250 million principal amount...

CALGARY, Alberta, April 07, 2021 (GLOBE NEWSWIRE) — Huntington Exploration Inc. (TSX.V: HEI) (the “Company” or “Huntington”) announced today that, subject to regulatory approval, it has granted a total of 1,500,000 options to purchase common shares of Huntington to directors, officers and consultants of Huntington, with an exercise price of $0.24 and an expiry date of April 7, 2031. The Company relied on section 5.5(b) of Multilateral Instrument 61-101 as the exemption from ‎the formal valuation requirements of MI 61-101 in respect of the grant of options to the directors and officers of ‎the Company as the common shares of the Company are not listed on a specified market (and ‎the common shares are only listed on the TSX Venture Exchange). The Company relied on ‎section 5.7(a) of MI 61-101 as the exemption from the minority approval...

GEORGE TOWN, Grand Cayman, April 07, 2021 (GLOBE NEWSWIRE) — O2Micro® International Limited, (NASDAQ:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, will announce its financial results for the First Quarter ending March 31st, 2021, on April 30th, 2021 The press release will be followed by a conference call at 6:00 a.m. (US Pacific), 9:00 a.m. (US Eastern). You may participate using the following dial-in information: Conference Code: 8307381Participants, Int’l Toll: +1 323-289-6576Participants, US/CAN: 866-248-8441 A live webcast will also be available on the Company’s website at http://ir.o2micro.com, and an online replay will be available on the website for one week. The Call-in Audio Replay will be available following the call from April 30th, 2021...

TORONTO, April 07, 2021 (GLOBE NEWSWIRE) — Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, is pleased to announce that its debt retirement agreement with a private institutional lender (the “Lender”), previously announced on March 12, 2021, has closed. The Company has issued an aggregate of 9,920,635 common shares in settlement of $5,000,000 ($0.504 per common share), and made a cash payment of $5,119,166.83 (including all accrued interest to the date of completion of the Debt Retirement), in consideration for the retirement of a total of $10,119,166.83 in principal and accrued liabilities owing to the Lender (the “Debt Retirement”). The Debt Retirement received final approval from the TSX Venture Exchange on March 30, 2021. Upon completing the Debt Retirement, the Company’s remaining...