Global SPAC Partners Co. Announces the Separate Trading of its Subunits and Warrants, Commencing May 10, 2021

Written by Customer Service on May 7, 2021. Posted in Public Companies.

New York, New York, May 07, 2021 (GLOBE NEWSWIRE) — Global SPAC Partners Co. (“Global” or the “Company”) (NASDAQ: GLSPU) announced today that, commencing May 10, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s subunits and warrants included in the units. Subunits and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “GLSPT” and “GLSPW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into subunits and warrants. Those units not separated will continue to trade on the Nasdaq Capital Market under...

Novo Nordisk A/S purchases B shares worth DKK 2,586 million from Novo Holdings A/S under the 2021 share repurchase programme

Written by Customer Service on May 7, 2021. Posted in Public Companies.

Bagsværd, Denmark, 7 May 2021 — Novo Nordisk A/S has today entered into an agreement to purchase 5,610,000 B shares of DKK 0.20 to a value of DKK 2,586 million from Novo Holdings A/S. This transaction is part of Novo Nordisk A/S’ 2021 share repurchase programme of up to a total of DKK 18 billion to be executed during a 12-month period beginning 3 February 2021. The transaction price is DKK 461.04 per share and has been calculated as the three-day volume weighted average market price from 5 May 2021 to 7 May 2021 in the open window following the announcement of Novo Nordisk A/S’ quarterly financial results. Prior to the sale of B shares, Novo Holdings A/S’ ownership of Novo Nordisk A/S was 28.5% of the share capital and 76.9% of the votes. Following the transaction, Novo Holdings A/S owns 537,436,000 A shares of DKK 0.20 and 116,129,000...

Mercer Park Brand Acquisition Corp. Files Final Prospectus and Management Information Circular for Proposed Qualifying Transaction with Glass House Group

Written by Customer Service on May 7, 2021. Posted in Public Companies.

Confirms Date of Shareholders Meeting to Vote on the Qualifying Transaction TORONTO, May 07, 2021 (GLOBE NEWSWIRE) — Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF; “BRND” or the “Company”), a Special Purpose Acquisition Company (SPAC) which has entered into a definitive agreement to merge (the “Glass House Group Transaction”) with GH Group, Inc. (“GH Group”), California’s leading fully-integrated cannabis business, is updating the status of its proposed merger with GH Group. Prospectus and Circular BRND has filed a final non-offering prospectus (the “Prospectus”) with the Canadian securities authorities and a management information circular (the “Circular”) in respect of the upcoming meeting of the Company’s shareholders to approve the Glass House Group Transaction. The Prospectus and the Circular can be found...

Paleo Advises of Issuance of Cease Trade Order

Written by Customer Service on May 7, 2021. Posted in Public Companies.

CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) — Paleo Resources, Inc. (“Paleo” or the “Corporation”) (TSX-V: PRE, OTCQB: PRIEF) announced today that a cease trade order has been issued by its principal regulator, the Alberta Securities Commission, for failure to file its audited annual financial statements, ‎management’s discussion and analysis and related certifications for the fiscal year ended December ‎‎31, 2020 (the “Documents”) on or before April 29, 2021, as required under applicable ‎securities laws. The delay in the completion of the required filings is due, in part, to business and administrative disruption experienced by the Corporation in respect of both a consultant engaged to complete a valuation of an acquisition required for the audit and the Company’s auditors, which have experienced a delay caused by the COVID-19...

Educational Development Corporation Retains Three Part Advisors as Investor Relations Counsel

Written by Customer Service on May 7, 2021. Posted in Public Companies.

TULSA, Oka., May 07, 2021 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announced it has retained Three Part Advisors, LLC, a rapidly growing, full-service investor relations (“IR”) consulting firm. Three Part Advisors, LLC will work directly with management of the Company to develop and execute a comprehensive, strategic investor relations program that focuses on educating investors and increasing exposure within the investment community. In addition to providing investor relations consulting services, Three Part Advisors, LLC also produces IDEAS Conferences, which are annual independent regional investor conferences that attract more than 150 quality presenting companies and more than 1,000 investors and analysts. “We believe Three...

Oxford Lane Capital Corp. Schedules Fourth Fiscal Quarter Earnings Release and Conference Call for May 11, 2021

Written by Customer Service on May 7, 2021. Posted in Public Companies.

GREENWICH, Conn., May 07, 2021 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (Nasdaq: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) announced today that it will hold a conference call to discuss its fourth fiscal quarter earnings on Tuesday, May 11, 2021 at 9:00 AM ET. The toll free dial-in number is 1-844-792-3730. There will be a recorded replay of the call available for 30 days after the call. If you are interested in hearing the recording, please dial 1-877-344-7529. The replay pass-code number is 10156439. About Oxford Lane Capital Corp. Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing...

McEwen Mining: Q1 2021 Results

Written by Customer Service on May 7, 2021. Posted in Public Companies.

TORONTO, May 07, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2021. Production was 23,300 gold ounces and 493,200 silver ounces, or 30,600 gold equivalent ounces(1) (GEOs)(see Table 1), at the average gold:silver price ratio for the quarter of 68:1. Cash and liquid assets(2) and positive working capital at March 31st, 2021, were $52.5 million and $35.3 million, respectively. Two financings were completed for aggregate net proceeds of $42 million. We invested $6.8 million on exploration and advanced projects, and reported a net loss of $12.5 million, or ($0.03) per share, compared to a net loss of $99.2 million, or ($0.25) per share, in Q1 2020. We invested $5.0 million on exploration drilling and other exploration work, with...

Jamieson Announces Amendment to Its Advance Notice By-Law Provision

Written by Customer Service on May 7, 2021. Posted in Public Companies.

TORONTO, May 07, 2021 (GLOBE NEWSWIRE) — Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX: JWEL) today announced that its board of directors has approved an amendment to the advance notice provisions in the Company’s By-Law No. 2 to remove the ability for the Company to request certain additional disclosure to assess the eligibility of a proposed nominee to serve as an independent director. The amendment to By-Law No. 2 has been filed under the Company’s profile on SEDAR at www.sedar.com. By-Law No. 2, as amended and restated, is subject to the approval of shareholders at Jamieson Wellness’ annual and special meeting of shareholders scheduled for May 27, 2021 (the “Meeting”). Shareholders who have questions about the Meeting or need assistance with the completion and delivery of their proxy, can contact Jamieson...

Brink’s Increases Quarterly Dividend

Written by Customer Service on May 7, 2021. Posted in Dividend Reports And Estimates.

RICHMOND, Va., May 07, 2021 (GLOBE NEWSWIRE) — The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of 20 cents per share on the company’s common stock, an increase of 33 percent from the previous quarterly dividend of 15 cents per share. The dividend is payable on June 1, 2021, to shareholders of record on May 17, 2021. Doug Pertz, president and chief executive officer, said: “This dividend increase reflects our board’s strong commitment to reviewing all options to create value for our shareholders. It also demonstrates our confidence in the continued successful execution of our strategy to drive revenue growth, margin expansion and growth in free cash flow.” About The Brink’s CompanyThe Brink’s Company (NYSE:BCO) is the global leader in total cash management, route-based secure...

Proactive news headlines including Power Reit, Delta 9 Cannabis, Bragg Gaming and Acasti Pharma

Written by Customer Service on May 7, 2021. Posted in Mergers And Acquisitions.

New York, May 07, 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: Power REIT (NYSEAMERICAN:PW)1Q earnings per share surge 275% as acquisitions lift results click here Ipsidy Inc (OTCQB:IDTY) reports slimmer 1Q loss, recaps busy quarter in financial update click here Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) awarded US$1.15M order with US Department of the Navy click here Codebase Ventures Inc (CSE:CODE) (OTCQB:BKLLF) investee Arcology completes DSToken showcase as internal tests show speeds of up to 28,000 transactions per second click here Delta 9 Cannabis Inc (TSE:DN) (OTCQX:DLTNF) expects 1Q revenue of C$12.9M to $13.3M on higher retail sales click here Bragg Gaming Group (TSX:BRAG) (OTCMKTS:BRGGF)...

Day: May 7, 2021

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