StorageVault to Acquire 2 Storage Locations for $29.45 Million

Written by Customer Service on April 14, 2021. Posted in Public Companies.

TORONTO, April 14, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) has agreed to acquire 2 stores from 2 vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $29,450,000, subject to customary adjustments (the “Acquisitions”). One of the Acquisitions is arm’s length and one for $27,750,000 is a related party acquisition (the “Related Party Acquisition”) with Access Self Storage Inc. or its affiliates or associates (collectively, “Access”) as the Vendor. It is anticipated that the Acquisitions will close in Q2 2021. One asset is located in Ontario and the other in Alberta. These Acquisitions are incremental to the previously announced transactions as disclosed on March 3, 2021 and April 1, 2021. Purchase Price and PaymentThe aggregate purchase price is $29,450,000, subject to...

HUMBL Announces $50 Million Equity Financing Agreement and Bridge Note

Written by Customer Service on April 14, 2021. Posted in Public Companies.

San Diego, California, April 14, 2021 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC Markets: HMBL) announced today that it has closed on a $3,000,000 bridge note from Brighton Capital Partners, LLC (Brighton Capital). In addition, HUMBL® and Brighton Capital have executed an Equity Financing Agreement in which Brighton Capital has agreed to purchase up to $50,000,000 of HUMBL common stock. The right to cause Brighton Capital to purchase these shares is solely at HUMBL’s election. Pursuant to the Equity Financing Agreement, Brighton Capital agreed to purchase up to $50,000,000 of HUMBL common stock. If HUMBL elects to cause Brighton Capital to purchase shares, the shares will be purchased at a 20% discount. HUMBL will have the right to cause Brighton Capital to purchase shares under the agreement following the effectiveness of an S-1 Registration...

CEMATRIX Announces 2020 Fourth Quarter and Annual Results

Written by Customer Service on April 14, 2021. Posted in Public Companies.

CALGARY, Alberta, April 14, 2021 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (“CEMATRIX” or the “Company“) a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced the release of its consolidated financial results for the year ended December 31, 2020. “We are pleased to report to our shareholders that 2020 was another year of record revenue, despite the very challenging global pandemic (“COVID”),” stated Jeff Kendrick, President and CEO of CEMATRIX. “I want to thank all our employees at CEMATRIX, particularly our field staff, for staying safe and making our success possible through hard work and dedication. The early impacts from the COVID situation were minimal as our business was considered an essential service in North America. As the year...

Abacus completes non-brokered private placement

Written by Customer Service on April 14, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, April 14, 2021 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) is pleased to announce the closing of its non-brokered private placement of units (the “Private Placement”), as announced on March 10, 2021, pursuant to which the Company raised total gross proceeds of $1,495,000. Pursuant to the Private Placement, the Company issued 11,500,000 units (“Units”) at a price of $0.13 per Unit. Each Unit consists of one common share of the Company (a “Share”) and one-half of one common share purchase warrant (a “Warrant”), with each full Warrant exercisable to purchase one Share at a price of $0.20 per Share until April 14, 2023. The Company also paid a total of $17,476 in cash commissions and issued a total of 67,214 Warrants to certain arm’s length finders...

Teck Announces Appointment of Sarah Hughes as Vice President, Audit and Improvement

Written by Customer Service on April 14, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, April 14, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the appointment of Sarah Hughes as Vice President, Audit and Improvement, effective April 12, 2021. “Sarah brings to her new role extensive experience in internal audit, risk and assurance,” said Don Lindsay, President and CEO. “Her background, particularly in the areas of risk-based audit program development, finance transformation and process improvement, make her ideally suited to lead Teck’s audit and operational review function.” Ms. Hughes joins Teck from Trevali, where she was Vice President, Risk and Assurance. Previously, Ms. Hughes held a number of senior roles at Goldcorp, as well as working as Group Internal Auditor for BP, based in London, UK. Ms. Hughes holds a Bachelor...

CBD Global Announces Delayed Filing of Annual Financial Statements and MD&A and Application for Management Cease Trade Order

Written by Customer Service on April 14, 2021. Posted in Public Companies.

DENVER, CO, April 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — CBD Global Sciences Inc. (CSE: CBDN) (the “Company“) would like to provide an update on the status of the filing of its annual financial statements, accompanying management’s discussion and analysis and related CEO and CFO certifications for the year ended December 31, 2020 (collectively, the “Annual Filings“). Due to the continued impact of COVID-19, and the logistical complications for its auditor to conduct the audit of certain operations, the Company anticipates the Annual Filings will be delayed beyond the required filing deadline: (i) under Parts 4 and 5 of National Instrument 51-102 – Continuous Disclosure Obligations and pursuant to National Instrument 52-109 – Certification of Disclosure in Issuer’s Annual and Interim Filings,...

PennantPark Investment Corporation Prices Public Offering of $150 Million 4.50% Unsecured Notes Due 2026

Written by Customer Service on April 14, 2021. Posted in Public Companies.

NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) announced that it has priced an underwritten public offering of $150 million in aggregate principal amount of its 4.50% unsecured notes due 2026 (the “Notes”). The Notes will mature on May 1, 2026 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable; provided that the Notes may be redeemed at par three months prior to their maturity. The Notes will bear interest at a rate of 4.50% per year payable semi-annually on May 1 and November 1 of each year, beginning November 1, 2021. The offering is expected to close on April 21, 2021, subject to customary closing conditions. Raymond James & Associates, Inc., Keefe, Bruyette & Woods, Inc., A Stifel...

The Flowr Corporation Announces Formation of Strategic Review Committee and Corporate Update with Refocused Business Strategy

Written by Customer Service on April 14, 2021. Posted in Public Companies.

Highlights: Strategic Review Committee has commenced process of rightsizing headcount for immediate cost reductions, reducing annual operating expenses by approximately $2 million, excluding restructuring charges. The Company maintains a strong liquidity position with approximately $23.5 million in cash and cash equivalents as of March 31, 2021 with a $100 million base shelf prospectus available. Flowr has disposed of non-core licenses and operations in offshore jurisdictions. The Company expects approximately $5 million from non-core asset sales, including approximately 4 acres of industrial land located in Kelowna. The Company focused on being an ultra-premium and premium dry flower producer in Canada and the E.U. TORONTO, April 14, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”)...

Photo Release — Newport News Shipbuilding Hosts Chief of Naval Operations Adm. Mike Gilday

Written by Customer Service on April 14, 2021. Posted in Public Companies.

NEWPORT NEWS, Va., April 14, 2021 (GLOBE NEWSWIRE) — Chief of Naval Operations Adm. Mike Gilday visited Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division today to receive updates on each of the shipyard’s major programs, recent investments in new facilities and advancements with integrated digital shipbuilding to improve operational efficiency. “We were pleased that Adm. Gilday had the opportunity to visit Newport News and hear from our dedicated shipbuilders,” said Jennifer Boykin, president of Newport News Shipbuilding. “These visits ensure alignment with the Navy and allow us to demonstrate our focus on continuous improvement, innovative use of technologies, and uncompromising commitment to safety, quality, cost and schedule — all of which enable us to provide our Navy with the ships they need, when...

Cord Blood Banking Leader Cryo-Cell Reports Fiscal First Quarter 2021 Financial Results

Written by Customer Service on April 14, 2021. Posted in Earnings Releases And Operating Results.

OLDSMAR, Fla., April 14, 2021 (GLOBE NEWSWIRE) — Cryo-Cell International, Inc. (OTC:QB Markets Group Symbol: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal first quarter ended February 28, 2021. Financial Results Revenue The revenues for the first quarter of fiscal 2021 were $6.86 million compared to $7.62 million for the first quarter of fiscal 2020. The revenues for the first quarter of fiscal 2021 consisted of $6.74 million in processing and storage fee revenue, $38,000 in product revenue and approximately $84,000 in public banking revenue compared to $7.41 million in processing and storage fees, approximately $60,000 in product revenue and approximately $154,000 in public banking revenue for the first quarter of fiscal 2020. Net Income The...

Day: April 14, 2021

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