Month: April 2021

Merger with Navios Maritime Containers L.P. completed on March 31, 2021 Revenue:$108.8 million total revenue for Q1 2021$65.1 million from Navios Partners $43.7 million from Navios ContainersNet cash from operating activities:$27.4 million total net cash from operating activities for Q1 2021$16.2 million from Navios Partners $11.2 million from Navios ContainersAdjusted EBITDA:$56.4 million total Adjusted EBITDA for Q1 2021$33.7 million from Navios Partners $22.7 million from Navios Containers$500.0 million financingRefinancing 2021 maturities No significant maturities until 2023Significant fleet expansion65% increase in number of vessels year-to-date$0.05 per unit cash distribution for Q1 2021MONACO, April 29, 2021 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, April 29, 2021 (GLOBE NEWSWIRE) — Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the “Company” or “Appia”), is pleased to announce that it has entered into an agreement with Research Capital Corporation as sole underwriter and sole bookrunner (the “Underwriter”), whereby the Underwriter will purchase, on a bought-deal basis, securities of the Company (the “Securities”) for aggregate gross proceeds to the Company of $4,000,000 (the “Offering”). The Offering shall consist of a combination of: (i) units of the Company (each, a “Unit“) at a price of $0.60 per Unit; and (ii) flow-through units of the Company (each, a “FT Unit”) at a price of $0.70 per...

Industry veteran brings extensive management and operational experience to workers’ compensation industry leader IRVINE, Calif., April 29, 2021 (GLOBE NEWSWIRE) — CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has appointed Joseph Rupp as Area Vice President. Rupp brings to CorVel 30 years of experience, including a deep understanding of how to build a value-driven and disciplined sales and operations organization. As Area Vice President, Rupp will oversee the management and growth of people, revenue and profits in California. He will supervise product and employee performance, focus on meeting and exceeding market profit and revenue goals. He will also focus on growing market share and enhancing both process development and business solutions. “We are excited to welcome Joseph Rupp to the...

Presented are Apranga APB annual Consolidated and Company‘s financial statements for the year 2020 (audited annual financial statements together with auditor‘s report, annual report, confirmation of the responsible persons) approved by the Annual General Meeting of Apranga APB shareholders on 29 April 2021. Rimantas PerveneckasApranga Group General Manager+370 5 2390801AttachmentAPG IFRS 2020 EN

Primary North-South Routes in Mid-AmericaPrimary North-South Routes in Mid-AmericaMore than 600 customers, suppliers, elected officials and other stakeholders have sent letters of support for CN in just over a week Combination will enhance routing choices and price competition for customers by introducing new access and interchange options Minimal overlap in network and no customers will be left without multiple transportation choices MONTREAL, April 29, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) today announced that its proposal to combine with Kansas City Southern (NYSE: KSU) (“KCS”) in a cash-and-stock transaction valued at $33.7 billion continues to receive overwhelming support from customers, suppliers, elected officials and other stakeholders because of its extensive pro-competitive benefits. CN has...

The Supervisory Council of JSC Olainfarm has received an application from the Member of the Management Board Milana Beļeviča to resign from April 29. “The year 2019 was the best financial year in the history of the Olainfarm Group, but in 2020 and this year, a solid foundation was laid for the further transformation and modernization of the company,” says Gundars Bērziņš, Chairperson of the Supervisory Council of JSC Olainfarm. Milana Beļeviča has been a Member of the Management Board of JSC Olainfarm since April 4, 2019. The Chairperson of the Management Board Jeroen Weites and the Members of the Management Board Elena Bushberg, Signe Baldere-Sildedze, Zane Kotāne and Raimonds Terentjevs continue to fulfill their duties at the Management Board of JSC Olainfarm. JSC Olainfarm, a part of Olainfarm Group, is one of the leading pharmaceutical...

HOUSTON, April 29, 2021 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) today reported operational and financial results for the first quarter of 2021. Key highlights for the first quarter of 2021 included:Delivered revenue of $81.2 million for the first quarter of 2021; Reported a net loss of $34.4 million, or a $0.97 loss per share, driven primarily by $25.0 million of impairments, restructuring and other charges predominantly related to the downhole tools product line; First quarter net cash provided by operating activities of $13.1 million and free cash flow of $10.6 million, or 13.0% of revenue, inclusive of $2.5 million of capital expenditures; Booked $56.6 million of new product orders during the first quarter of 2021 resulting in quarter end backlog up $1 million from December 31, 2020 to...

An Emerging Markets Sponsored Commentary ORLANDO, Fla., April 29, 2021 (GLOBE NEWSWIRE) — For some time we’ve covered Legion Capital Corp (OTCQX: LGCP), a FinTech enabled private equity lender that is looking to capitalize on investment opportunities for its investors and shareholders alike. A brief primer about Legion Capital before we get into the most recent news from the Company: First, the Company made the leap to OTCQX where its transparency and potential shareholder base greatly increase in our estimation. See our notes on the move here. Secondly, the Company landed a big name when it announced the appointment of J. Bradley Hilton, grandson of legendary hotelier Conrad Hilton, as the company’s Chief Technology Officer. Hilton will oversee Legion’s global technology strategy, leading the company’s continued...

MSAB has been informed of the Nomination Committee’s proposal to the Annual General Meeting on May 11th, 2021. Item 12 – Election of Board members and auditor  The Nomination Committee, represented by Kenneth Andersen, Wilhelm Gruvberg and Henrik Tjernberg, propose that the Board of Directors shall consist of six Board members and that Jan-Olof Backman, Peter Gille, Ann Hellenius and Linda Nyberg shall be re-elected as Board members. Furthermore, Bernt Ingman and Fredrik Nilsson are nominated as new Board Members. Bernt Ingman is nominated as new Chairman of the Board. Current Chairman Henrik Tjernberg and current Board member Carl Bildt has declined re-election. The Nomination Committee believes that the suggested Board members will constitute a strong Board with wide and deep knowledge. It is the Nomination Committee’s belief...