Day: May 18, 2021
VANCOUVER, British Columbia, May 18, 2021 (GLOBE NEWSWIRE) — Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces closing of a non-brokered private placement (the “Placement”) of 7,900,000 units (the Units”) at a price of $0.10 per Unit for total gross proceeds $790,000, effective May 17, 2021. The Placement was initially announced for $500,000 and subsequently increased to $750,000 through news releases on April 27 and May 11, 2021. The closing of the Placement is subject to final acceptance by the TSX Venture Exchange. The securities issuable in connection with the Placement are subject to a hold period expiring four months and one day after the date of issuance. A finder’s fee of 6% for $5,700 is payable on part of the proceeds of the Placement. The proceeds will be used to fund continued...
Bayshore Enters Into Letter of Intent to Acquire Infinitum Copper Corp.
Written by Customer Service on . Posted in Mergers And Acquisitions.
CALGARY, Alberta, May 18, 2021 (GLOBE NEWSWIRE) — Bayshore Petroleum Corp. (“Bayshore” or the “Company”) (TSXV: BSH) is pleased to announce that it has entered into a letter of intent (the “Letter of Intent”) dated effective May 17, 2021 outlining the general terms and conditions with respect to the acquisition (the “Acquisition”) by Bayshore of all the issued and outstanding share capital of Infinitum Copper Corp. (“Infinitum”). The Acquisition of Infinitum will constitute a reverse takeover under Policy 5.2 of the TSX Venture Exchange (the “Exchange”), and is subject to approval of the Exchange. This news release will be followed by a further comprehensive news release setting out additional details of the Acquisition in accordance with Exchange Policy 5.2.
Business of Infinitum & the Adelita Copper Project
Infinitum is...
Northrop Grumman Increases Quarterly Dividend 8 Percent to $1.57
Written by Customer Service on . Posted in Dividend Reports And Estimates.
FALLS CHURCH, Va., May 18, 2021 (GLOBE NEWSWIRE) — The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.57 per share on Northrop Grumman common stock, payable June 16, 2021, to shareholders of record as of the close of business June 1, 2021.
“Northrop Grumman continues to execute a balanced capital deployment strategy with robust investments in our business and a competitive dividend for our shareholders,” said Kathy Warden, chairman, chief executive officer and president. “We are confident in our ability to continue creating shareholder value as we perform on our customers’ missions.”
Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 90,000 employees define possible every day...
Uniserve Announces Extension to Term of 14,728,890 Warrants Expiring July 2, 2021
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, May 18, 2021 (GLOBE NEWSWIRE) — Uniserve Communications Corporation (“Uniserve”) wishes to announce that it will be extending the term of its Warrants granted pursuant to its 26,750,000 Unit private placement at $0.08 per Unit which closed July 2, 2019, to extend the expiration date from July 2, 2021 to January 2, 2022, subject to TSX Venture Exchange approval.
The Warrants will remain at the exercise price of $0.15 per share and are exercisable on a 1 for 1 basis.
About Uniserve
Uniserve Communications Corporation is a 2018 TSX Venture top 50 performance company.
Uniserve is a unified communications company which has been in business for 30 years, combining voice, data and media services all into one seamless solution, one bill and one point of contact. The unique selling proposition of the business...
FreightHub, Inc. Reports First Quarter 2021 Revenue of $4.8 million, Up 216% from First Quarter 2020
Written by Customer Service on . Posted in Public Companies.
NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (Hudson Capital) announced that FreightHub, Inc.(Fr8Hub), a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, releases financial results for the three-month period ended March 31, 2021, in Hudson Capital’s amended Registration Statement on Form S-4 filed on May 18, 2021 with the SEC.
Javier Selgas, CEO of Fr8Hub, said, “First quarter of 2021 sales of $4.8 million were a record for our company, driven by our significantly expanded customer base that now includes Fortune 500 customers, new product offerings sold by a salesforce that is benefitting from industry leading training at our Fr8Hub University and a technology platform...
Glacier Bancorp, Inc. Announces Acquisition of Altabancorp in American Fork, Utah
Written by Customer Service on . Posted in Mergers And Acquisitions.
KALISPELL, Mont., May 18, 2021 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier” or the “Company”) (NASDAQ: GBCI) today announced the signing of a definitive agreement to acquire Altabancorp (“ALTA”) (NASDAQ: ALTA), the bank holding company for Altabank, a community bank headquartered in American Fork, Utah. The acquisition marks Glacier’s 24th announced acquisition since 2000 and its 7th announced transaction in the past five years. This also marks Glacier’s second acquisition of a Utah-based bank in the last two years, completing the acquisition of First Community Bank based in Layton, Utah in 2019. Altabank provides banking services to individuals and businesses throughout Utah and southern Idaho with 25 branch locations from Preston, Idaho to St. George, Utah. As of March 31, 2021, ALTA had total assets of $3.5 billion, total...
Hudson Capital Receives Notice of Non-compliance with NASDAQ’s Listing Rule 5550(b)(1)
Written by Customer Service on . Posted in Mergers And Acquisitions.
NEW YORK, May 18, 2021 (GLOBE NEWSWIRE) — Hudson Capital Inc. (NASDAQ: HUSN) (“Hudson Capital” or the “Company”) announced that it received written notification on May 13, 2021, from The Nasdaq Stock Market LLC that it no longer meets Listing Rule 5550(b)(1).
Listing Rule 5550(b)(1) requires Hudson Capital to maintain a minimum $2,500,000 in stockholders’ equity for continued listing. The Company reported in its last annual report Form 20-F for the period ended December 31, 2021 that its stockholders’ equity was $631,145. Under the Nasdaq Rules, the Company has 45 calendar days (no later than June 28, 2021) to submit a plan to regain compliance. If its plan is accepted, the Company will be granted an extension of up to 180 calendar days from the date of this letter to evidence compliance.
As previously announced, Hudson Capital...
Conversus StepStone Private Markets Surpasses $100 mm in AUM and Reports April 2021 NAV, Posting a 36% Net Return in Seven Months Since Inception
Written by Customer Service on . Posted in Public Companies.
A Diversified, Investor-Centric Private Markets Fund for Individual Accredited Investors
CHARLOTTE, N.C., May 18, 2021 (GLOBE NEWSWIRE) — Conversus, an investment platform designed to expand access to the private markets for high net worth and accredited investors, announced that its inaugural fund, Conversus StepStone Private Markets (“CPRIM”), reached $108 mm of assets and that its shares had appreciated 36% from October 1, 2020 to April 30, 2021, to an NAV of $33.99. Conversus acts as adviser to CPRIM and is a wholly owned business of StepStone Group LP (“StepStone”), which acts as sub-adviser.
CPRIM offers accredited investors diversified, global exposure to the major private market asset classes – private equity, real assets, including infrastructure and real estate, and private debt – in a single investment. An open architecture...
Reunion Gold Closes a C$7.46 Million Non-Brokered Private Placement
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
LONGUEUIL, Quebec, May 18, 2021 (GLOBE NEWSWIRE) — Reunion Gold Corporation (“Reunion” or the “Company”) (TSX-V: RGD) is pleased to announce, further to its news releases of April 19, 2021 and April 27, 2021, that it has closed its non-brokered private placement (the “Placement”) resulting in gross proceeds of C$7,461,265. The Placement consisted of the issuance of 114,788,691 units (the “Units”) at a price of C$0.065 per Unit. Each Unit consisted of one common share of the Company (a “Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant“), with each Warrant exercisable to acquire one Share at C$0.12 per Share until May 18, 2023.
In connection with the Placement, the Company paid cash...
Total Energy Services Inc. Reports on Voting from the Annual Meeting of Shareholders
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, May 18, 2021 (GLOBE NEWSWIRE) — Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces that the following matters were voted upon at the Company’s annual meeting of Shareholders on May 18, 2021 (the “Meeting”). A total of 34,730,835 common shares, representing 77.2% of Total Energy’s issued and outstanding shares as at the Record Date for the Meeting, were represented in person or by proxy at the Meeting.Matter Voted Upon
Outcomeof Vote
Votes For
VotesWithheld
1.
The election of the following nominees as directors of the Company for the ensuing year or until their successors are elected or appointed:
George Chow
Passed
34,398,720(99.7%)
86,807(0.3%)
Glenn Dagenais
Passed
29,546,114(85.7%)
4,939,413(14.3%)
Daniel Halyk
Passed
34,308,714(99.5%)
176,813(0.5%)
Greg...