Month: April 2021

Everyone has been anticipating inflation as part of the economic recovery and because of this, tech stocks had been on a thorny path for the past few days. Thursday session opened higher after Powell’s speech Wednesday evening, resulting to a massive tech rally led by Alphabet (GOOGL), Facebook (FB), and Microsoft (MSFT) which all hit new ATH. NASDAQ outperformed and closed to its highest since February, while S&P 500 reached a new all-time peak. The Dow also closed higher with its quiet movements in the market. Futures for the 3 all edged higher with all the positive news coming in. Inflation will be held back as much as possible, economic recovery is underway, and COVID-19 vaccine rollout going smoothly. Here’s a quick view of all the major changes in the market as of Thursday, April 8: • NASDAQ Composite Index jumped 1.03% or 140.47...

On top of that, the minutes of meeting held by the Federal Reserve reiterated that central bank will not be changing policies in the near future. This is to address the unrest of investors about possible inflation. Amidst all this, S&P 500 went ahead and broke their own record, going up today by 0.1%. The Dow Jones Industrial Average also managed to close up by 0.1%, while NASDAQ Composite Index staggered down by 0.1%. Meanwhile, all futures of the 3 major indexes are on the green, with NASDAQ gaining 0.73%, followed by S&P going up by 0.34% and lastly the Dow up by 0.09%. Majority of the U.S. treasury yields went down with only a few, the short term ones, managed to eke out some gains. Here’s the main movements in the stock market this Wednesday; • S&P 500 went up by 0.15% or 6.01 points, ending at the new record high of...

DUBLIN, IRELAND, April 09, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Fast-growing pan-European independent power producer, Alternus Energy Group Plc (NOTC: ALT) (the “Company”, “Alternus” or “AEG”), is pleased to announce the recent issuance of €9 million of convertible notes lead by AVG Group Sarl (AVG), a Luxembourg based asset manager focused on Nordic ESG and Impact™ investing in the Nordics. AVG provided €8 million of the total investment with the remainder being provided by private individuals. “We are delighted to have AVG as a new financing partner and look forward to working with them going forward as we continue to grow Alternus over the next few years in our continuing mission to become one of the largest pan-European solar operators by the end of the decade,” said Vincent Browne, CEO. Alternus decided to move its US...

TORONTO, April 09, 2021 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) provides an update today that further to the review by the Ontario Securities Commission (the “OSC”) of the Company’s continuous disclosure and a subsequent request from OSC staff in connection therewith, the Company has filed amended and restated interim consolidated financial statements for the three and nine months ended September 30, 2020 along with a corresponding restated management discussion and analysis. Corrective disclosure was requested by staff of the OSC in connection with its review of the Company’s base shelf prospectus. In accordance with OSC Staff Notice 51-711 (Revised) Refilings and Corrections of Errors (“Notice 51-711”), the Company has filed the documents noted above on SEDAR, which...

Flowr will release fourth quarter earnings after market close on Wednesday, April 28, 2021 and will host a conference call to review results on Wednesday, April 28, 2021 at 5:30 p.m. (Eastern Time).TORONTO, April 09, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces that the Company will release its fourth quarter and full year 2020 results after the close of the financial markets on Wednesday, April 28, 2021. There will be a conference call and webcast to review these results on Wednesday, April 28 at 5:30 p.m. (Eastern Time). Conference call and webcast details are as follows: Webcast: flowrcorp.com/investorsOnline registration: http://www.directeventreg.com/registration/event/8493169 Conference call replay details are as follows: Toll Free: 1-800-585-8367Toll/International:...

BEIJING, April 09, 2021 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China with an “in-school + after-school” integrated model, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the “SEC”) on April 9, 2021. The annual report can be accessed on the Company’s investor relations website at https://ir.17zuoye.com as well as on the SEC’s website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to ir@17zuoye.com. About...

TORONTO, April 09, 2021 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) wishes to advise the appointment of Tony Pearson as a Non-Executive Director of the Company, effective 3 May 2021. Mr Pearson is an experienced industry executive and company director who has lived and worked in Mongolia, China, Hong Kong, the Philippines and Indonesia. He has a strong understanding of emerging jurisdictions, balanced with the need for western governance practices. He has experience raising capital across equities, hybrids, bonds, convertibles and project finance in numerous jurisdictions. Tony is currently Chair of Peak Resources Limited (ASX:PEK) having been nominated by Appian Capital Advisory, a leading natural resources private equity group. Tony is also Chair of Cellnet Group Limited (ASX:CLT), a Trustee...

TORONTO, April 09, 2021 (GLOBE NEWSWIRE) — Jourdan Resources Inc. (TSXV: JOR) (“Jourdan” or the “Company”) is pleased to provide the following corporate update on its recent activities. Jourdan has initiated several activities in the field at its properties in Val d’Or, Quebec and at Process Research Ortech Inc., a materials testing laboratory in Mississauga, Ontario (“Ortech”). Jourdan is currently planning geophysical surveys at its Pressiac-LaCorne property located in Quebec, consisting of a magnetic and a scintillometer survey with the intent of detecting the western extension of the Li-bearing pegmatite swarm known from the North American Lithium mine and from the Company’s Vallée Lithium Project. The surveys are scheduled to commence later in April 2021 after the snowmelt. Furthermore, 47 samples were taken from the various...

VANCOUVER, British Columbia, April 09, 2021 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to announce that it has entered into a franchise agreement with Mortgage Connection Ltd. (“Mortgage Connection”). Mortgage Connection has over 50 mortgage professionals throughout the Province of Alberta. In fiscal 2020, Mortgage Connection originated ~$850 million in funded mortgages. Mortgage Connection is led Josh Higgelke, Robby Aurora and Joe Jacobs, each of whom are well known and well respected in the industry. Gary Mauris, Executive Chairman and Chief Executive Officer of the Corporation, commented: “We are delighted to welcome the entire Mortgage Connection team to the DLC family. Josh, Robby and Joe are tremendous operators and have built an impressive team of Alberta based mortgage...

LOS ANGELES, CA, April 09, 2021 (GLOBE NEWSWIRE) — Social Life Network, Inc. (OTC: WDLF), announces today that it has filed a $5,000,000 complaint against a convertible debt funder for multiple alleged violations of Federal Securities Laws. Shareholders can review the complaint at this link: https://ecf.flsd.uscourts.gov/doc1/051123235625 “Our management team is sending a clear message that we are not going to sit back and allow the [alleged] illegal trading activities referenced in the complaint to damage our shareholders,” said CEO Ken Tapp. “Our board is in unanimous agreement to support our litigation team 100% with any resources it requires and to identify and pursue participants in illegal trading activity of our stock, which injures small retail shareholders supporting the growth of companies like our own.” About Social Life...