Toga Limited’s Malaysian Wholly-Owned Subsidiary, TOGL Technology Sdn Bhd Was Selected For the Prestigious GAIN Program by the Malaysian Digital Economy Corporation

Written by Customer Service on April 15, 2021. Posted in Public Companies.

PETALING JAYA, Malaysia, April 15, 2021 (GLOBE NEWSWIRE) — Toga Limited’s (OTC: TOGL) wholly-owned subsidiary, TOGL Technology Sdn Bhd (“TOGL Technology”) has been selected for the prestigious GAIN program run by the Malaysia Digital Economy Corporation (MDEC). The Global Acceleration & Innovation Network (GAIN) program – a program under MDEC, a government-owned agency launched in 1996 – is designed to catalyze the expansion of Malaysian and Malaysia-based technology companies that have the potential to become global players, ultimately building more Malaysian global tech icons. They facilitate tech companies’ expansion into the overseas market through Business Support Ecosystems and business matching sessions established through their eight tech ecosystems in Australia, Cambodia, Japan, Indonesia, the Philippines, Thailand,...

ThreeD Capital Inc. Announces Unaudited March 31, 2021 Net Asset Value Per Share – $1.25

Written by Customer Service on April 15, 2021. Posted in Public Companies.

TORONTO, April 15, 2021 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at March 31, 2021, its unaudited net asset value per share (“NAV”) was $1.25. This announcement is made based on ThreeD’s newly established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less...

22nd Century Stands Fully Prepared to Enable New Zealand Proposal to Advance Nationwide Smoke-Free Action Plan

Written by Customer Service on April 15, 2021. Posted in Public Companies.

BUFFALO, N.Y., April 15, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based, biotechnology company that is focused on tobacco harm reduction, very low nicotine content tobacco, and hemp/cannabis research, announced today that it is fully prepared to support New Zealand in its efforts to become a smoke-free nation by 2025. This follows the release of a new proposal by the New Zealand Ministry of Health Manatū Hauora that calls for reducing the amount of nicotine allowed in smoked tobacco products to “minimal levels.” When enacted, the proposal will help existing adult smokers to reduce their consumption or switch to alternative products and would protect young people from cigarette addiction. “We applaud the New Zealand government for the proactive approach they are taking to help their...

Parex Announces Expanded Growth Capex Program

Written by Customer Service on April 15, 2021. Posted in Public Companies.

CALGARY, Alberta, April 15, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), is a company headquartered in Calgary that focuses on sustainable, profitable, conventional oil and gas production. All currency amounts are in United States dollars, unless otherwise stated. Operational Update – Applying Free Cash Flow to Accelerate Colombian Appraisal & Exploration Portfolio Higher Brent oil prices to date in 2021 and Parex’ unhedged oil price exposure are expected to contribute to a significant increase to Parex’ 2021 funds flow provided by operations (FFO), compared to the 2021 Budget Guidance released on November 4, 2020. With estimated higher FFO, an increasing cash position and a debt-free balance sheet, Parex is strategically accelerating assessment of its portfolio of operated assets,...

ION revises settlement date of its Exchange Offer and Rights Offering

Written by Customer Service on April 15, 2021. Posted in Public Companies.

HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) — ION Geophysical Corporation (NYSE: IO) (the “Company” or “ION”) today announced it is revising the previously announced settlement date of its Exchange Offer and Rights Offering. The extension is to enable all of the required information, exchange and clearing agents to finish validating, tabulating and processing the subscriptions given the complexity of the transactions. The Company now expects to settle on or about Monday, April 19, 2021. The Rights Offering and Exchange Offer are being made pursuant to registration statements on Form S-1 and Form S-4, respectively, on file with the Securities and Exchange Commission (the “SEC”). Holders of ION Common Stock and Old Notes may obtain a copy of each prospectus free of charge on the SEC website at www.sec.gov or by contacting D.F. King &...

The Flowr Corporation Announces Appointment of Darryl Brooker as Chief Executive Officer and Noel Biderman to the Board of Directors

Written by Customer Service on April 15, 2021. Posted in Public Companies.

Highlights: Seasoned CPG executive Darryl Brooker appointed Chief Executive Officer of Flowr. Noel Biderman, international executive and marketing specialist, has joined the Board of Directors of Flowr. TORONTO, April 15, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces the appointment of Darryl Brooker as Chief Executive Officer of the Company and the appointment of Noel Biderman to the Board of Directors of the Company. CEO Appointment Prior to joining the Company, beginning in January 2018, Mr. Brooker served as the President of Mission Hill Family Estate (Mark Anthony Group), a Kelowna-based winery. From February 2017 to January 2018, Mr. Brooker was the General Manager of Mission Hill Family Estate, having previously acted as Vice President of Winemaking from July...

Golden Leaf to Report Fiscal 2020 and Fourth Quarter 2020 Results on Tuesday April 27th

Written by Customer Service on April 15, 2021. Posted in Public Companies.

PORTLAND, Ore., April 15, 2021 (GLOBE NEWSWIRE) — Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf” or the “Company”), operating under Chalice Brands Ltd., a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announces it will report its fiscal year and fourth quarter 2020 results on Tuesday, April 27th, 2021. Investor Conference Call Golden Leaf management, led by Mr. John Varghese, Executive Chairman, and Mr. Jeff Yapp, Chief Executive Officer, will hold a conference call on Tuesday, April 27th, 2021, at 4:30 p.m. EDT to report its financial results for the year ended December 31st, 2020. Dial-in information for the conference call is as follows:Program Title: Golden Leaf Holdings – 2020 Fourth Quarter Earnings CallCanada & US: 1-877-407-0784International:...

New Fortress Energy Completes Acquisition of Golar LNG Partners LP

Written by Customer Service on April 15, 2021. Posted in Public Companies.

April 15, 2021 – Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) today announces the completion of its sale to New Fortress Energy Inc. (“NFE”). Under NFE’s merger agreement with GMLP, NFE acquired all of the outstanding common units of GMLP for $3.55 per common unit in cash. NFE also acquired GMLP’s general partner for equivalent consideration. The transaction is valued at a $1.9 billion enterprise value and $251 million equity value. The Series A preferred units of GMLP will remain outstanding following the merger. “We are confident that the sale of GMLP to NFE is a good solution to all GMLP stakeholders, and successfully concludes the announced strategic review for the Partnership. We would like to thank all of our stakeholders for the interest and support through the Partnership’s public history. We would also like to thank the NFE team...

GrowLife, Inc. Reports $7 Million in Revenue in 2020 Annual Filing, Increases Margins and Cuts Costs

Written by Customer Service on April 15, 2021. Posted in Public Companies.

Financial Summary: GrowLife reported $7.0M in revenue for the year GrowLife increased its gross margins to 42% for the year, up from 31% in 2019 GrowLife lowered its General & Administrative Expenses by $2.7M in 2020, a 35% cut in spending from 2019 KIRKLAND, Wash., April 15, 2021 (GLOBE NEWSWIRE) — GrowLife, Inc. (OTC: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced financial results for the fiscal year 2020. Additionally, managed provided further insight into the company’s positioning in the Management Discussion and Analysis included in the filing, as well as in the below comment: “As the world experienced unprecedented fluctuations in their business, I am proud to report that GrowLife was able to cut costs, while continuing to generate...

Golar LNG Limited has today completed the sales of Hygo Energy Transition Ltd. and Golar LNG Partners LP

Written by Customer Service on April 15, 2021. Posted in Public Companies.

Highlights Golar LNG Limited (“Golar” or “GLNG”) received $50 million in cash and 18.6 million Class A common shares in New Fortress Energy Inc. (“NFE”) worth $878 million based on the April 14 closing price as consideration for the sale of its 50% interest in Hygo Energy Transition Limited (“Hygo”). Golar received $81 million in cash for the sale of its 32% interest in Golar LNG Partners LP (“GMLP”). Together, the transactions crystalize part of the value built in the Golar asset portfolio since 2015 and will generate a book gain to Golar of approximately $740 million based on Q4 2020 book values. These sales complete a significant step in Golar’s corporate simplification process. As previously announced, Golar’s Board has initially approved a $50 million common share buy-back program to seek to maximize value for shareholders created...

Day: April 15, 2021

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