Day: May 17, 2021
Filing of Registration Statement on Form S-4 Provides Historical Financial Data in Connection with Proposed Business Combination with Xos, Inc. and NextGen
LOS ANGELES and BOCA RATON, Fla., May 17, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (“Xos”), a leading manufacturer of fully electric commercial vehicles, announced today that a registration statement on Form S-4 (the “Registration Statement”), which includes a preliminary proxy statement/prospectus, has been filed with the U.S. Securities and Exchange Commission (“SEC”) by NextGen Acquisition Corporation (“NextGen”) (NASDAQ: NGAC), a special purpose acquisition company (“SPAC”), regarding the companies’ recently-announced proposed business combination. The Registration Statement includes audited financials for the full years 2018, 2019 & 2020, with a financial year end of December...
Triterras Acquires Invoice Bazaar
Written by Customer Service on . Posted in Mergers And Acquisitions.
Acquisition enhances Triterras’ supply chain finance capabilities, establishes Middle East presence, and accesses leading regional e-commerce platforms
Co-founders of Invoice Bazaar joining Triterras’ leadership team
SINGAPORE, May 17, 2021 (GLOBE NEWSWIRE) — Triterras Inc. (Nasdaq: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company for trade and trade finance, today announced that it has executed definitive agreements in connection with its previously announced Letter of Intent for the acquisition of Invoice Bazaar, an established provider of supply chain finance services and e-commerce financing in the Gulf Cooperation Council markets. The transaction is subject to customary closing conditions.
Invoice Bazaar’s 3 member founding team based in Dubai will be joining the Company’s existing Leadership Team.
Under...
Silver Mountain Mines Inc. Receives Conditional For Reverse Takeover Transaction With Nevgold Corp.
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Silver Mountain Mines Inc. (TSXV: “SMM”) (“Silver Mountain” or the “Company”) announces that further to its news releases dated January 19, 2021 and February 23, 2021, the Company has received conditional approval from the TSX Venture Exchange (the “Exchange”) with respect to a proposed business combination (the “Transaction”) with Nevgold Corp. (“Nevgold”), which will constitute a reverse takeover of the Company by Nevgold under the policies of the Exchange.
Transaction Summary
The Company proposes to acquire all of the issued and outstanding common shares (the “Nevgold Shares”) of Nevgold by way of a three-cornered amalgamation pursuant to which Nevgold will amalgamate with 1288412 B.C. Ltd. (“Newco”), a wholly-owned subsidiary of the Company, as further described the Company’s...
StorageVault rebrands its stores in British Columbia to Sentinel Storage
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) — StorageVault Canada Inc. (“StorageVault”) (SVI-TSX-V) is pleased to announce the rebranding of all of its stores in British Columbia to the Sentinel Storage brand from Storage for Your Life.
Sentinel Storage has been a trusted brand for more than 40 years in British Columbia and Alberta and is considered the premier self-storage brand in Western Canada. With the rebrand, there will now be 59 stores under Sentinel Storage brand.
The rebranding will streamline communications, marketing initiatives and strengthens Sentinel Storage as the dominant brand offering innovative storage solutions and unparalleled client service in Western Canada.
The launch of the new brand began on May 10th, 2021 and includes over 15 properties throughout the Lower Mainland, Fraser Valley, Vancouver...
Skyward, A Verizon company introduces mapping and modeling powered by Pix4D
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PORTLAND, Ore., May 17, 2021 (GLOBE NEWSWIRE) — Today, Skyward, A Verizon company, announced its integration with Pix4D, giving customers the ability to turn drone data into 2D maps and 3D models. Enterprises and drone pilots can now plan flights, receive approval to fly in controlled airspace with LAANC, fly with Skyward’s InFlight ground control station, and process data using Pix4D — all from within the Skyward platform.
“Skyward has been bringing our customers tools to access airspace, plan, and fly — now they can produce business-ready data deliverables without leaving Skyward,” said Mariah Scott, Skyward President. “Enterprises in construction, energy and utilities, and the public sector can get even more ROI out of their drone programs when combining Skyward’s drone management platform with Pix4D’s market-leading photogrammetry...
Proactive news headlines including Mirasol Resources, Milestone Scientific, Steppe Gold and Gold Resource Corp
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York , May 17, 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: Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) makes new silver discovery at Ely Central area on its Virginia project in Argentina click here
New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) to trade on the NYSE American exchange starting May 20 click here
Milestone Scientific Inc (NYSE:MLSS) reports double-digit, year-over-year increase in 1Q revenue click here
FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) (FRA:0K9) says concerned shareholder group-backed nominees elected to board at annual meeting click here
Algernon Pharmaceuticals Inc (CSE:AGN) (OTCQB:AGNPF) (FRA:AGW) receives positive feedback from US FDA for its DMT stroke program click...
WISeKey NFT Webinar will discuss with experts the technology behind the Launch its First Ever Non-Fungible Token (NFT) from Space activating the WISe.ART NFT Platform
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WISeKey NFT Webinar will discuss with experts the technology behind the Launch its First Ever Non-Fungible Token (NFT) from Space activating the WISe.ART NFT Platform
The Swatch Space Shuttle STS – 75 will be replaced by a Jacob & Co Astronomia Sky
The WISe.SAT satellite on orbit in December 2021 will send a unique Key encrypted by WISeKey that will generate the digital identity of the Jacobs and Co watch to be physically inserted on the watch box using a WISeKey Microchip.
Jacobs and Co and WISeKey successfully conducted last month world premieres to auction both physical and virtual NFTs with an unpreceded attention to their combined leadership https://www.nytimes.com/2021/04/12/fashion/watches-nft-auction-jean-claude-biver.html
During the Webinar WISeKey and experts will discuss technology behind the Launch its First Ever Non-Fungible...
CIB Marine Bancshares, Inc. Announces Plans to Adjourn Annual Meeting to a Later Date
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BROOKFIELD, Wis., May 17, 2021 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQB: CIBH), announced its plans to open and immediately adjourn its Annual Meeting of Shareholders scheduled for May 19, 2021. The Company plans to adjourn the Annual Meeting until July 29, 2021 at 1:00 P.M. (local time) at 19601 West Bluemound Road, Brookfield, Wisconsin, in order to allow it to conclude several steps required to institute its previously announced plan to repurchase all of its preferred stock over the next four years (the “Repurchase Plan”). Those steps include, conducting a preliminary Section 382 analysis of the impact of expected 2021 pro rata preferred stock repurchases under the Repurchase Plan on the Company’s existing deferred tax assets; finalizing a definitive agreement with Hildene Capital...
Centerra Gold Responds to Latest Developments in the Kyrgyz Republic
Written by Customer Service on . Posted in Public Companies.
TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra”) (TSX: CG) (NYSE: CGAU) issued the following statement today in response to the adoption of a resolution by the Parliament of the Kyrgyz Republic, instructing the Government to install “external management” at the Kumtor Mine and Centerra’s Kyrgyz subsidiary, Kumtor Gold Company (“KGC”), and associated developments. The Company understands that the Parliament purported to act under a new law, applicable only to Centerra and KGC, that it passed in a single day on May 6, 2021.
“Today’s action by the Parliament of the Kyrgyz Republic is a clear violation of Centerra’s and KGC’s rights in the Kumtor Mine as well as the Government’s obligations to Centerra and KGC under longstanding investment agreements. This and other recent actions have no justification whatsoever...
Issue of new VINCI shares reserved for the employees of foreign subsidiaries of VINCI in the context of the international Group savings plan
Written by Customer Service on . Posted in Public Companies.
A FRENCH PUBLIC LIMITED COMPANY (SOCIÉTÉ ANONYME) WITH CAPITAL OF €1,478,800,602.50Registered office: 1, cours Ferdinand de Lesseps92500 Rueil-MalmaisonRegistered number: 552 037 806 RCS Nanterrewww.vinci.comShareholder relations department: actionnaires@vinci.com____________________________________________
Issue of new VINCI sharesreserved for the employees of foreign subsidiaries of VINCIin the context of the international Group savings plan 1
In its thirteenth resolution, the Combined Shareholders’ General Meeting held on 18 June 2020 delegated to the Board of Directors, for a period of 18 months expiring on 17 December 2021, its authority to carry out capital increases reserved for the employees of certain foreign subsidiaries of the Group as is already the case for the employees of French subsidiaries in the context of savings plans.
At...