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Day: May 17, 2021

Consolidated Water Reports Q1 2021 Results

GEORGE TOWN, Cayman Islands, May 17, 2021 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (Nasdaq Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, reported results for the first quarter ended March 31, 2021. Quarterly comparisons are to the year-ago quarter unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below.) Q1 2021 HighlightsTotal revenue of $17.1 million. Services revenue increased 13.7% to $3.5 million. Bulk segment gross profit up 11.5% to $2.1 million. Net income from continuing operations attributable to Consolidated Water stockholders was $1.3 million or $0.08 per basic and fully diluted share. As of March 31, 2021, cash and cash equivalents totaled $42.8 million,...

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Metromile and Hippo Partner to Offer Consumers Protection for Home and Auto

Leading insurtechs to provide consumers with increased convenience, flexibility and additional discounts with an auto and homeowners insurance bundle SAN FRANCISCO, May 17, 2021 (GLOBE NEWSWIRE) — Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, and Hippo Insurance Services, a member of the Hippo group which is leading a new standard of care and protection for homeowners, today announced they will partner to offer consumers modern auto and homeowners insurance with a new multi-policy discount. Drivers and homeowners will be able to purchase pay-per-mile auto insurance and homeowners insurance from Metromile and Hippo, respectively, and save up to 15% on their auto and homeowners insurance policies when bundled. The combination of Hippo’s comprehensive home insurance policies...

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CN Issues Statement on STB Decision

Looks Forward to STB Decision on Voting Trust MONTREAL, May 17, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) today issued the following statement in response to the Surface Transportation Board’s (“STB”) decision to apply the current merger rules to its review of CN’s superior proposal to acquire Kansas City Southern (NYSE: KCS) (“KCS”): We welcome the STB’s decision to move forward with reviewing CN’s proposed combination with KCS under the current merger rules, which requires demonstrating that the combination would enhance competition. We requested that the STB review its superior proposal to combine with KCS under these rules because we are confident that a CN-KCS combination will create a safer, faster, cleaner and stronger railway that is ideally positioned to support the growth of an emerging consumption-based...

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Notice of Flow Capital’s Q1 2021 Financial Results Conference Call

Financial results to be released after markets on Tuesday, May 25, 2021 TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” and “Company”) today announced it will release its Q1 2021 unaudited financial results after the markets close on Tuesday, May 25, 2021. Mr. Alex Baluta, Chief Executive Officer, and Mr. Gaurav Singh, Chief Financial Officer, will host a conference call at 9:00 a.m. ET, on Wednesday, May 26, 2021, to review the results. A question and answer session will follow the corporate update.CONFERENCE CALL DETAILS     DATE:    Wednesday, May 26, 2021     TIME:    9:00 AM Eastern Time     DIAL IN NUMBER:   +1 833 968-1926 or +1 778 560-2703     TAPED REPLAY:   +1 800 585-8367 or +1 416 621-4642     CONFERENCE ID:   9883288A recording of the call...

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Monthly information regarding the total number of voting rights and total number of shares of the Company as of April 30, 2021

Monthly information regarding the total number of voting rights and total number of shares of the Company as of April 30, 2021 (Article 223-16 of the General Regulations of the Autorité des Marchés Financiers) Market : NYSE Euronext Paris ISIN Code: FR 0010417345 DateTotal number of shares Total number of voting rights04/30/2021 54,936,687Total gross of voting rights: 54,936,687Total net* of voting rights: 54,887,687* Total net = total number of voting rights attached to shares – shares without voting rights        AttachmentPDF Version

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Ayr Wellness Reminds Rights Holders to Convert Prior to May 25, 2021 Expiration

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator, reminds holders of Ayr Rights (Ticker AYR.RT) to convert their rights into Ayr Subordinate, Restricted or Limited Voting Shares prior to the May 25, 2021 expiration.   As of May 17, 2021, Ayr had 131,930 Rights of the Corporation outstanding, each of which entitles the holder to receive one-tenth of an AYR Subordinate, Restricted or Limited Voting Share. In accordance with the rights agreement between the Corporation and Odyssey Trust Company dated December 21, 2017, as supplemented (the “Rights Agreement”), the Company hereby directs all holders of Ayr Rights, in accordance with the terms and conditions of the Rights Agreement, to convert their Ayr Rights into...

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Trean Insurance Group Announces Secondary Offering of Common Stock

WAYZATA, Minn., May 17, 2021 (GLOBE NEWSWIRE) — Trean Insurance Group, Inc. (Nasdaq:TIG) (“Trean”) today announced that the selling stockholders named in the preliminary prospectus are offering to sell 5 million shares of Trean common stock in an underwritten offering, subject to market and other conditions. Trean will not receive any proceeds from the offering. In connection with the offering, the selling stockholders have granted the underwriters an option to purchase up to an additional 750,000 shares. J.P. Morgan and Evercore ISI are acting as lead book-running managers, William Blair is acting as a joint book-running manager and JMP Securities is acting as a co-manager for the offering.   This offering is being made only by means of a prospectus. A copy of the final prospectus, when available, may be obtained from J.P. Morgan...

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Rupert Resources Ltd. Announces Equity Financings Totalling C$42.4 Million

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Rupert Resources Ltd. (“Rupert Resources” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by BMO Capital Markets (“BMO”) and Cormark Securities (“Cormark”), under which the underwriters have agreed to buy, on a bought deal basis 4,920,000 common shares (the “Common Shares”), at a price of C$5.30 per Common Share (the “Offering Price”) for gross proceeds of approximately C$26.1 million (the “Public Offering”). The Company has also granted the Underwriters an option (the “Over-Allotment Option”), exercisable at the Offering Price for a period of 30 days following the closing of the Public Offering, to purchase up to an...

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Espey Mfg. & Electronics Corp. reports third quarter results

SARATOGA SPRINGS, N.Y., May 17, 2021 (GLOBE NEWSWIRE) — Espey Mfg. & Electronics Corp. (NYSE American: ESP) announces results for the first nine months of fiscal year 2021. Net sales for the third quarter of fiscal year 2021, January 1 to March 31, 2021, were $4,205,068, compared with last year’s third quarter net sales of $6,191,300. Net loss for the quarter was $(1,070,114), $(0.44) per diluted share, as compared to net loss of $(103,765), $(0.04) per diluted share for the same quarter last year. For the first nine months of fiscal year 2021, July 1 to March 31, 2021, net sales were $18.4 million, compared with $19.4 million for the first nine months of fiscal year 2020. Net loss for the period was $(1,061,297), $(0.44) per diluted share, compared with net income of $206,975, $0.09 per diluted share, for the same period...

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Net Element Reports First Quarter 2021 Financial Results and Updates Shareholders on Pending Merger with Mullen Automotive

MIAMI, May 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”) today reports its financial results for the quarter ended March 31, 2021, and updates shareholders on the pending merger with privately held Mullen Automotive, Inc. (“Mullen”), a Southern California-based electric vehicle (“EV”) company, in a stock-for-stock reverse merger in which, subject to the merger being consummated, Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger Company. “We are pleased to report that we filed a Form S-4 registration statement with the SEC on May 14, 2021, a milestone furtherance of the proposed merger with Mullen,” commented Oleg Firer, executive chairman of Net Element. “We want to thank our shareholders for their patience through this...

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