Day: April 20, 2021
TORONTO, April 20, 2021 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR) (the “Company” or “Ayurcann“), a Canadian extraction company specializing in the processing of cannabis and hemp for the production of oils and various derivative products, is pleased to unveil further details of its Phase 2 expansion plans.
Ayurcann has commenced trading on the Canadian Securities Exchange (“CSE“) on April 8, 2021 and subsequently announced a private placement of up to $500,000 (“Financing“), as per the Company’s press release dated April 12, 2021. The proceeds of the Financing are intended to be used to further pursue Phase 2 of the expansion of the production capacity of the Company’s Pickering facility.
Following the closing of the Financing, the Company expects to continue the Phase...
Whitehorse Gold Announces Marketed Offering
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VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) — Whitehorse Gold Corp. (TSXV: WHG) (“Whitehorse Gold” or the “Company”), is pleased to announce that it has launched a marketed offering by way of private placement of equity securities (the “Securities”) in the capital of the Company (the “Offering”). The Offering is expected to be comprised of a non-flow-through portion and a flow-through portion. Any common shares of the Company issued under the flow-through portion of the Offering will be issued as “flow-through shares” with respect to “Canadian exploration expenses” within the meaning of the Income Tax Act (Canada).
Silvercorp Metals Inc. (“Silvercorp”) is expected to participate in the Offering by purchasing that number of Securities...
Better Choice Announces 19% Growth in Q1 2021 Gross Sales Relative to Q4 2020 Gross Sales
Written by Customer Service on . Posted in Public Companies.
NEW YORK, April 20, 2021 (GLOBE NEWSWIRE) — Better Choice Company (OTCQX: BTTR) (“Better Choice”), an animal health and wellness company, today announced preliminary Gross Sales of $13.4 million for the quarter ended March 31, 2021 relative to Gross Sales of $11.4 million for the quarter ended December 31, 2020. For the full year and quarter-ended December 31, 2020, Net Sales were 83% and 82% of Gross Sales, respectively.
Relative to the most recent quarter ended December 31, 2020, this represents an increase in gross sales of approximately 19% driven primarily by strong international sales and continued performance in the Company’s online channels.
“Overall, we were pleased with our performance in the first quarter and are looking forward to sharing more information with the investor community on our Q1 2021 earnings call. As we...
Blink Charging Announces Distribution Agreement with EV Transportation Services, Inc. for the Blink IQ 200-M Portable EV Charger
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The Innovative FireFly EV Roadside Assistance Vehicle Demonstrated at Texas Automobile Writers Auto Roundup EventMiami Beach, April 20, 2021 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced that it has entered into a reseller agreement with ev Transportation Services Inc. (“evTS”), an electric vehicle manufacturer focused on the essential services and urban mobility markets. The agreement calls for evTS to distribute Blink’s EV charging equipment to fleet customers, along with its FireFly ESV® essential services vehicle. The relationship is pairing Blink’s new IQ 200-M portable EV charger with the evTS FireFly and creates a fully-electric EV Roadside Assistance Vehicle solution.
The...
Simmons Reports First Quarter 2021 Earnings
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
PINE BLUFF, Ark., April 20, 2021 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (the “Company” or “Simmons”) today announced net income of $67.4 million for the quarter ended March 31, 2021, compared to $77.2 million for the same period in 2020, a decrease of $9.8 million, or 12.7%, due in significant part to the difference in the gains on sale of securities recognized during the periods. Diluted earnings per share were $0.62, a decrease of $0.06, or 8.8%, compared to the same period in the prior year. Included in first quarter 2021 results were $634,000 in net after-tax merger-related and net branch right-sizing costs as well as a $4.0 million after-tax gain primarily associated with the sale of branches in Illinois.
Excluding the impact of these items, core earnings were $64.0 million for the quarter ended...
XDD Acquires Lexolution Legal Staffing and Managed Review Services Firm to Expand Service Portfolio
Written by Customer Service on . Posted in Mergers And Acquisitions.
MISSION, Kan., April 20, 2021 (GLOBE NEWSWIRE) — Xact Data Discovery (XDD), a leading international provider of eDiscovery, data management and managed review services for law firms and corporations, announces the acquisition of Lexolution, a legal staffing and managed review services company headquartered in New York, NY.
Lexolution fulfills short to long-term, tailored legal staffing needs from a database of 20,000+ highly-skilled attorneys across multiple fields of expertise including; antitrust, securities, banking and financial services, insurance, government investigations, technology, pharmaceutical, media, manufacturing and healthcare. Through the company’s integrated technology, processes and communications, Lexolution helps clients reduce legal spend while producing exemplary results.
Coupled with the company’s remote...
American Energy to Acquire Three Oil and Gas Operators in PA and WV
Written by Customer Service on . Posted in Mergers And Acquisitions.
ALLENTOWN, PA, April 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — American Energy Partners, Inc. (“American Energy”) (PINK: AEPT), a diversified energy company, is excited to announce the Agreement to acquire three existing oil and gas operators in Western Pennsylvania and West Virginia. The transaction is valued in excess of $10,800,000. American Energy will acquire 100% of the stock and units of the three companies. Under the terms of the Agreement the transaction will be funded with a mix of debt and equity.
Highlights include: Represents an increase in annualized revenue of approximately $2,000,000 beginning in Q3 2021 based on current strip pricing;
Low risk, low-cost stabilized production increase of 1,250 mmcfe per day from 467 wells including midstream assets;
19 Bcfe increase to net reserves;
695 acres...
Netreo Expands APM Capabilities with Strategic Acquisition of Stackify
Written by Customer Service on . Posted in Mergers And Acquisitions.
Huntington Beach, Calif., April 20, 2021 (GLOBE NEWSWIRE) — Netreo, the award-winning platform for IT infrastructure management (ITIM) and one of Inc. 5000’s fastest growing companies, today announced the acquisition of Stackify, a developer-centric provider of SaaS application performance monitoring (APM) solutions. The acquisition strengthens Netreo’s full-stack IT monitoring and AIOps offerings by giving customers improved application performance management, centralized logging, full transaction tracing, deployment tracking capabilities and greater visibility into continuous improvement/continuous deployment (CI/CD) workflows.
Netreo helps technology leaders drive greater visibility, automation and performance into their IT operations through its full-stack, AIOps-driven IT monitoring platform and Digital Experience Monitoring...
Jushi Holdings Inc. to Acquire Licensed Cultivator in Ohio
Written by Customer Service on . Posted in Mergers And Acquisitions.
BOCA RATON, Fla., April 20, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced it has signed a definitive binding agreement to acquire OhiGrow, LLC, one of 34 licensed cultivators in Ohio, and Ohio Green Grow LLC (collectively, “OhiGrow”), for total consideration of $5.0 million in cash, inclusive of an approximately 10,000 sq. ft. facility and 1.35 acres of land (the “Acquisition”). OhiGrow will complement the soon-to-be operational 8,000 sq. ft. state-of-the-art Ohio medical cannabis processing facility (“Processing Facility”), to which Jushi provides operational and consulting services. OhiGrow is expected to supply biomass to the Processing Facility to create manufactured medical marijuana products for sale into...
Magnite Research Finds 91% of TV Viewers in LATAM Watch Streaming TV Weekly
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SÃO PAULO, Brazil, April 20, 2021 (GLOBE NEWSWIRE) — Magnite (Nasdaq: MGNI), the world’s largest independent omnichannel sell-side advertising platform, released its “CTV in LATAM: The Future Forward” report. The study of over 4,000 consumers across the region’s largest markets – Brazil, Argentina, and Mexico – identifies how audiences are consuming TV and explores the opportunity for marketers seeking to connect with engaged audiences as the shift to CTV accelerates and consumer behavior evolves.
CTV rivals the reach of broadcast
The results of the study show that there is widespread adoption of CTV streaming platforms across Brazil, Argentina, and Mexico. Across the three markets, 91% of respondents said they tune into streaming TV weekly. Mexico leads in this metric, with more than nine in ten (92%) Mexican respondents...