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Month: April 2021

UFP Industries acquires Endurable Building Products, expanding its offerings in the multifamily construction market

GRAND RAPIDS, Mich., April 29, 2021 (GLOBE NEWSWIRE) — UFP Industries, Inc. (Nasdaq: UFPI) today announced that a wholly owned subsidiary of UFP Construction, LLC, has acquired the assets of Endurable Building Products, LLC. Based near Minneapolis, Minnesota, Endurable is a leading manufacturer of customized structural aluminum systems and products for exterior purposes, such as deck framing, balconies, sunshades, railings and stairs. The company’s trademarked alumiLAST aluminum deck and balcony systems are known for their low-maintenance design and ease of installation. Endurable serves general contractors in the multifamily market throughout the U.S. and had sales of approximately $15 million in 2020. Its leadership team, including president David Battel, will remain with the company. “The addition of Endurable Building Products...

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Automotive Finco Corp. Files Audited Consolidated Financial Statements For The Years ended December 31, 2020 and December 31, 2019

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, April 29, 2021 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed audited consolidated financial statements for the years ended December 31, 2020 and December 31, 2019. The statements, together with the Management Discussion and Analysis, can be found on the Company’s SEDAR profile at www.sedar.com. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance LP, the Company may also pursue other direct investments and financing...

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Enablon’s Version 9.2 of Vision Platform Software Helps Global Corporations Manage Risk and Stay Compliant

Single solution covers Risk, ESG, EHS and ORM components in the cloud, with improved navigation experience and new features CHICAGO, April 29, 2021 (GLOBE NEWSWIRE) — Large international corporations now have a new tool available to help them stay compliant, manage risk and adhere to environment, health and safety (EHS) guidelines. Enablon, a Wolters Kluwer business and global leader in Integrated Risk, EHS and Operational Risk Management (ORM) software solutions, today announces Version 9.2 of its Vision Platform software, which helps manage workplace risk by predicting and preventing events. “Our V9.2 has new features that will further help our customers create a world that is safe, productive and responsible,” says Laurent Dechaux, Managing Director, Wolters Kluwer Enablon. “V9.2 gives organizations the opportunity to break...

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Triad Business Bank Celebrates One Year Anniversary and Provides March Quarter Results

GREENSBORO, N.C., April 29, 2021 (GLOBE NEWSWIRE) — Triad Business Bank (OTC Pink – “TBBC”) was founded a year ago on a vision that it would be “Pivotal to the Economic Success of the Triad’s Business Community”. In the last twelve months, TBBC has delivered on its vision. Within days of opening, the CARES Act was passed, and TBBC engaged in the Paycheck Protection Program (“PPP”) to provide over $100 million of loans to businesses in need, potentially saving more than 12,000 jobs. In the months that followed, TBBC shifted its focus to building core commercial relationships. On March 16, 2021 Triad Business Bank celebrated our one-year anniversary, and we have much to celebrate. As of March 31, 2021, TBBC had $178 million in gross loans outstanding (including PPP loans) after originating $326 million of core and PPP loans to businesses...

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Kronos Advanced Technologies Announces Direct Selling Division with GreenTechDirect

Los Angeles, CA, April 29, 2021 (GLOBE NEWSWIRE) — Los Angeles, CA, April 29, 2021 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) (“KNOS” or the “Company”), an innovation-driven product development and production company that has significantly changed the way air is moved, filtered, and sterilized announced its relationship with GreenTechDirect forming a Direct Selling Division- KronosDirect. “Direct selling continues to be a proven market strategy that provides real value to consumers, entrepreneurs, and corporations,” said Joseph N. Mariano, president of the U.S. Direct Selling Association (DSA). “We are excited to bring 2020 to a close with a positive announcement by recognizing these companies for their determination, innovation, and modest supplemental income opportunities...

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Strong cargo performance and focus on disciplined network management and cost control

Highlights Q1 2021 results:Operations still heavily impacted by COVID-19 with Icelandair’s capacity down by 92% in Q1 2021 Total revenue USD 57.3 million decreasing by 73% Strong cargo revenues, up by 64%, and freight volumes exceeded pre-COVID levels Charter and leasing services through Loftleidir-Icelandic generated important revenue streams for the Group EBIT negative of USD 46.2 million compared to negative EBIT of USD 208.5 million last year Net loss USD 30.1 million compared to USD 240.2 million in Q1 2020 Equity ratio adjusted for temporary effects of warrants; 23% compared to 25% at the beginning of the year Total liquidity USD 281.9 million, thereof cash and marketable securities USD 109.9 million Full integration of Air Iceland Connect with Icelandair completed successfully in March resulting in estimated annual cost synergies...

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Protagenic Therapeutics, Inc. Announces Closing of $13.2 Million Public Offering and Uplisting to Nasdaq

New York, April 29, 2021 (GLOBE NEWSWIRE) — Protagenic Therapeutics, Inc. (NASDAQ:PTIX) (“PTIX” or “Company”) today announced the closing of an underwritten public offering of 3,180,000 units at a public offering price of $4.15 per unit. Each unit is comprised of one share of common stock and one warrant to purchase one share of common stock. Each warrant is exercisable at a price of $4.98 per share and will expire five years from issuance. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 477,000 units at the public offering price less the underwriting discounts and commissions. The common stock and warrants comprising the units separated upon closing of the offering and were issued separately. The common stock and warrants began trading on the Nasdaq...

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Proactive news headlines including American Battery Metals, Plurilock Security Inc, Loop Insights, Silvercorp Metals and MedX Health

New York, April 29, 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:American Battery Metals Corporation (OTCQB:ABML) files environmental and contruction permits for lithium battery recycling pilot plant in Nevada click here Viscount Mining Corp (CVE:VML) (OTCQB:VLMGF) (FRA:7VM)  says drilling at Silver Cliff indicates potential for high grade zone outside current resource area click here CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021)  announces commercial installation sale of its CO2 Delivery Solutions system to British Columbia-based licensed cultivator click here Hill Street Beverage Company Inc (CVE:BEER)expands board level talent by adding industry veterans Frank Vizcarra and Monica Zaragoza click here Plurilock...

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ISC Files Preliminary Base Shelf Prospectus and Amended Business Acquisition Report

REGINA, Saskatchewan, April 29, 2021 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) has today filed a preliminary short form base shelf prospectus (the “shelf prospectus”) with the securities regulatory authorities in each province and territory of Canada, other than Québec. This filing, when made final, will allow the Company to make offerings of common shares, preferred shares, debt securities, subscription receipts, units, warrants, or any combination thereof of up to CAD$200 million during the next 25 months. The Company has filed the shelf prospectus in order to provide flexibility going forward. The net proceeds from any offerings under the shelf prospectus will be used as specified in the corresponding prospectus supplement, which could include for general corporate purposes, to repay...

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Sanoma received a decision from the Finnish Tax Adjustment Board concerning the VAT treatment of distribution of certain magazines, which it will appeal

Sanoma Corporation, Stock Exchange Release, 29 April 2021 at 21:30 EETSanoma received a decision from the Finnish Tax Adjustment Board concerning the VAT treatment of distribution of certain magazines, which it will appeal Sanoma received a decision from the Finnish Tax Adjustment Board that they have accepted a claim made by the Finnish Tax Ombudsman related to tax audits at Sanoma Media Finland Oy. The claim concerned the treatment of value added tax (VAT) of certain magazines that were printed in multiple locations in Europe and distributed through a centralised logistics centre in Norway in 2015 and 2016-2018. Sanoma’s aim is to provide consumers with interesting and high-quality content at an affordable price and ensure reliable delivery from the decentralised printing providers to the readers. To achieve this, a centralised logistics...

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