Day: April 30, 2021
TORONTO, April 30, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline on Monday, April 26th by Ninepoint Partners LP, please note that the date of cash distribution for the Ninepoint High Interest Savings Fund has changed. The corrected release follows:
Ninepoint Partners LP (“Ninepoint Partners”) today announced the April 2021 cash distributions for its ETF Series securities. The record date for the distributions is April 30, 2021 for Ninepoint High Interest Savings Fund and May 3, 2021 for Ninepoint Diversified Bond Fund. All distributions are payable on May 10, 2021.
The per-unit April distributions are detailed below:Ninepoint ETF Series
Ticker
Distribution per unit
Notional Distribution per unit
CUSIPNinepoint Diversified Bond Fund
NBND
$0.00601
$0.00000
65443H100Ninepoint High Interest Savings...
Inotiv, Inc. Announces Debt Financing and Completion of Acquisitions of HistoTox Labs, Inc. and Bolder BioPATH, Inc.
Written by Customer Service on . Posted in Mergers And Acquisitions.
WEST LAFAYETTE, Ind., April 30, 2021 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ:NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services, today announced that the Company has secured $28.0 million in debt financing from First Internet Bank of Indiana and completed the previously-announced acquisition of substantially all of the assets of HistoTox Labs, Inc. (“HistoTox Labs”) and the acquisition by merger of Bolder BioPATH, Inc. (“Bolder BioPATH”), effective April 30, 2021.
The aggregate consideration paid for substantially all of the assets of HistoTox Labs consisted of $22.0 million in cash and the assumption of certain specified liabilities of the seller.
The aggregate consideration paid to the shareholders of Bolder...
Town and Country Financial Corporation Reports Record First Quarter 2021 Financial Results
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SPRINGFIELD, Ill., April 30, 2021 (GLOBE NEWSWIRE) — Town and Country Financial Corporation (the “Company”) (OTC Pink: TWCF) today announced record financial results for the first quarter of 2021.
Key highlights included:Record first quarter 2021 net income of $2.8 million, after a quarterly provision for loan losses of $600 thousand and Paycheck Protection Program (“PPP”) fee income of $534 thousand.
Net revenue of $11.4 million, driven primarily by strong mortgage volumes in addition to continued growth in net interest income.
Mortgage banking fees of $3.6 million in the first quarter of 2021.
Tangible book value per share of $25.11 at March 31, 2021.
Announced transition of Bloomington/Normal loan production office to full-service branch.Micah R. Bartlett, President and Chief Executive Officer, noted, “We are pleased to...
PCI Biotech: First US patient enrolled in the fimaChem pivotal RELEASE study
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Oslo (Norway), 30 April 2021 – PCI Biotech (OSE: PCIB), a clinical-stage biopharma company developing innovative therapeutics that address significant unmet medical needs in cancer today announced that the first US patient has been enrolled into the fimaChem pivotal RELEASE study with registration intent in inoperable bile duct cancer patients. The RELEASE study spans across Europe, USA and Asia, with patient enrolment initiated in all continents.
Per Walday, CEO, said: “It is reassuring to see screening activity and enrolment picking up across the geographies of the RELEASE study, despite Covid-19 still having an impact on the healthcare systems. We are focused on optimal execution of the RELEASE study, to bring a new treatment option to a patient group with a high unmet medical need.“
Contact information: Per Walday, CEO pw@pcibiotech.noMobile:...
Icelandair Group signs an agreement on heads of terms regarding the sale of Iceland Travel
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Icelandair Group hf. and Nordic Visitor hf. have agreed on heads of terms regarding the sale of 100% stake in Iceland Travel. The proposed transaction is subject to customary conditions for transactions of this kind, such as due diligence, approval from The Competition Authorities and the parties reaching final terms of a share purchase agreement. The sales process was initiated following an announcement dated January 19, 2021, and significant interest was expressed in the possible acquisition of the company.
This sale is in line with Icelandair Group’s strategy to focus on its flight operations, its core business, while at the same time preserving the interests of Icelandic tourism, the company’s employees, and other stakeholders. Iceland Travel has been a leading travel company, tour operator and destination management company (DMC)...
AppTech Corp. Welcomes New Board Members
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CARLSBAD, Calif., April 30, 2021 (GLOBE NEWSWIRE) — AppTech Corp. (“AppTech”) (OTC: APCX) a fintech company, announced today the retirement of Michael Gross and appointment of Michael Yadgar to the Company’s Board of Directors. Mr. Yadgar is a corporate lawyer and strategic advisor. He currently serves as a member of the Board of Directors of nDigital Holdings SPC, a holding company for operational fintech assets; nDigital Ventures, a holding company for fintech investments and joint ventures; NEC Payments B.S.C. (“NECP”); and Apiso W.L.L. (“Apiso”).
Virgil Llapitan, AppTech President & COO, stated, “With more than 20 years of experience counseling and directing clients on general corporate, acquisition, divestment, strategy, and investment matters, Michael will play a pivotal role on our Board during this time of expansion...
Mercer Park Brand Acquisition Corp. Files Preliminary Prospectus for Proposed Qualifying Transaction with Glass House Group
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TORONTO, April 30, 2021 (GLOBE NEWSWIRE) — Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF; “Mercer Park Brand” or the “Company”), a Special Purpose Acquisition Company (SPAC) which has entered into a definitive agreement to merge with GH Group, Inc. (the “Glass House Group Transaction”), California’s leading fully-integrated cannabis business, announced it has filed a non-offering preliminary prospectus (“the Prospectus”) with the applicable Canadian securities regulatory authorities. The prospectus can be found under the Company’s SEDAR profile.
As previously announced, the Company and Glass House Group announced a business combination to create the largest cannabis brand-building platform in California, the world’s largest cannabis market.
Glass House Group intends to support its existing and future portfolio...
TFI International Completes Previously Announced UPS Freight Acquisition
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTREAL, April 30, 2021 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of UPS Freight, the less-than-truckload (LTL) and dedicated truckload (TL) divisions of United Parcel Service, Inc. (NYSE: UPS), for US$800 million on a cash-free, debt-free basis before working capital and other adjustments. As previously stated, approximately 90% of the acquired business will operate independently within TFI International’s LTL business segment under its new name, “TForce Freight”, while acquired dedicated TL assets will join TFI’s TL business segment.
ABOUT TFI INTERNATIONAL TFI International Inc. is a North American leader in the transportation and logistics industry, operating...
Proactive news headlines including Golden Tag Resources, Sanatana Resources, Gevo inc and Playgon Games
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York , April 30, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Golden Tag Resources Ltd (CVE:GOG) (OTCQB:GTAGF) initiates geologic interpretation program on its 100%-owned San Diego project in Mexico click here
Sanatana Resources Inc (CVE:STA) (OTCMKTS:SADMF) appoints mining industry veteran Tom Obradovich to its board of directors click here
Bragg Gaming Group (TSE:BRAG) (OTCMKTS:BRGGF) draws Buy recommendation and $3.25 per share price target from Eight Capital click here
The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) (FRA:7LV) gets price target hike from Research Capital following Green Roads acquisition click here
PlantX Life Inc (CSE:VEGA) (OTCQB:PLXTF) (FRA:WNT1) to buy US cold-pressed juice maker...
Laurentian Bank announces size and pricing of previously announced offering of Limited Recourse Capital Notes
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MONTREAL, April 30, 2021 (GLOBE NEWSWIRE) — Laurentian Bank of Canada (TSX:LB) (“Laurentian Bank”) today announced the size and pricing of its previously announced offering (the “Offering”) of Limited Recourse Capital Notes, Series 1 (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) (the “Notes”). Laurentian Bank intends to issue $125 million aggregate principal amount of Notes.
The Notes will bear interest at a rate of 5.300 per cent annually, payable semi-annually, for the initial period from the date of issue to, but excluding, June 15, 2026. Thereafter, the interest rate on the Notes will reset every five years at a rate equal to the prevailing 5-year Government of Canada Yield plus 4.334 per cent. The Notes will mature...