Day: May 18, 2021

Western Sierra Resource Corporation Announces 2nd Key Land Acquisition For Initial Phases of the Affordable Residential Development Component of the Colorado Hemp Agro-Industrial Zone

Written by Customer Service on May 18, 2021. Posted in Mergers And Acquisitions.

STEAMBOAT SPRINGS, Colo., May 18, 2021 (GLOBE NEWSWIRE) — WESTERN SIERRA RESOURCE CORPORATION (“WSRC” or the “Company”) (OTC: WSRC) is pleased to announce that the Company, in conjunction with its partner Global Hemp Group Inc. has entered into a second strategic property acquisition that will be utilized in the development of its Colorado Hemp Agro-Industrial Zone (HAIZ) in Northwest Colorado. The fully executed contract for the purchase of approximately 175 net acres of annexed and entitled land will serve as the catalyst for the Company’s initial Planned Unit Development (PUD) of “green” and “affordable” homes, as well as irrigated industrial hemp cultivation. This is part of the Company’s “Master Plan” to attract and showcase Industrial Hemp and related green and carbon neutral/negative building technologies to the World. Earnest...

Harbor Custom Development, Inc. Closes 99 Lots in Soundview Estates with Lennar for $9,310,000

Written by Customer Service on May 18, 2021. Posted in Mergers And Acquisitions.

Gig Harbor, Washington , May 18, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on 99 lots totaling $9,310,000 with Lennar Northwest, Inc., a subsidiary of the Lennar Corporation (“Lennar”), in phase 7 of Soundview Estates located in Bremerton, Washington. Soundview Estates is less than a ten-minute drive to downtown Bremerton, the Seattle Ferry, and the Kitsap Naval Shipyard and can be viewed at: https://vimeo.com/453127877. “We are thrilled to continue our working relationship with Lennar and anticipate they will continue with their current success of constructing quality single family homes that capture the...

Landsvirkjun’s first quarter 2021 results

Written by Customer Service on May 18, 2021. Posted in Public Companies.

Operating environment improving Key figures from the interim financial statementsProfit before unrealised financial items amounted to USD 50.1 million, compared to USD 46.0 million for the same period of the prior year, an increase by 9%. The profit for the period was USD 31.0 million, compared to USD 33.1 million for the same period of the prior year. Operating revenues amounted to USD 130.7 million, increasing by USD 4.5 million (3.6%) from the same period of the prior year. Net debt decreased by USD 67.7 million from the beginning of the year and amounted to USD 1,608.1 million at the end of March. Cash flow from operations amounted to USD 85.4 million, which is an increase of 13% compared to the same period of the prior year.Hörður Arnarson, CEO: “The company’s operating environment has improved substantially during the past few...

Nuvei Research Reveals Growing Potential of Optimized Payment Strategies for Marketplaces

Written by Customer Service on May 18, 2021. Posted in Public Companies.

MONTREAL, May 18, 2021 (GLOBE NEWSWIRE) — New research from strategy consulting firm Edgar, Dunn & Company specialized in payments and digital financial services, commissioned by Nuvei Corporation (TSX: NVEI and NVEI.U), highlights the importance for marketplaces to build a future-proof payment strategy to maximize the opportunity for growth. The report “The Evolving Needs of Today’s Marketplace. Leveraging payment technology as a growth catalyst” also analyses best practices for marketplaces to optimize their payment processes and increase profitability. A Nuvei report published in 2017 predicted that by 2020, around 40% of the world’s online retail market would be controlled by marketplaces. A recent analysis conducted by Digital Commerce 360 demonstrates that the marketplace share of total global web sales was actually...

22nd Century VP of Regulatory Science to Present on Health Disparities Caused by Cigarette Addiction at FDLI Annual Conference

Written by Customer Service on May 18, 2021. Posted in Public Companies.

Research Shows Cigarette Addiction Disproportionately Harms Minority and Vulnerable Communities; Mandating Reduced Nicotine Content in Cigarettes Would Help Counteract Years of Targeted Marketing of Addictive and Deadly Products by Big Tobacco BUFFALO, N.Y., May 18, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and hemp/cannabis research, announced today that the Company’s Vice President of Regulatory Science, John Pritchard, will present at the Food and Drug Law Institute (FDLI) Annual Conference as part of the event’s session, “Tobacco and Nicotine Use and Health Disparities: How to Address Equity Issues through FDA Actions,” on Wednesday, May 19, 2021, at 3:00 p.m. ET. The session will focus on the...

Viper Networks and Local Partner Interconnected with Airtel, Hutch and SLT to Launch 100 Million Phase 1 Smart City Project in Sri Lanka

Written by Customer Service on May 18, 2021. Posted in Public Companies.

TROY, Mich., May 18, 2021 (GLOBE NEWSWIRE) — Viper Networks, Inc. (OTC Pink: VPER), (Company), an international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce partnership with local service provider interconnected to three (3) separate contracts with Sri Lanka Telecom (SLT), Bharti Airtel and Hutch to Launch 100 Million Phase 1 Smart City Project in Sri Lanka. The project will grow into subsequent phases making it a 500 million project over the next 4 to 5 years. Initially, the Company will install Smart City LED Light Poles at colleges and university campuses throughout Colombo, which is the commercial capital and largest city in Sri Lanka, with an estimated population of 5.6 million. Upon completion, the Company will then commence on the broader installation...

Hemp, Inc.’s 2021 Multiple Hemp Grows Across the Country Expected to Yield Rich Results by the End of the Year and Throughout 2022

Written by Customer Service on May 18, 2021. Posted in Public Companies.

Las Vegas, NV, May 18, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — With over 10 years’ experience in growing and processing hemp in North America, Hemp, Inc. (OTC PINK: HEMP) reports today it expects its 2021 hemp grows in North Carolina, Wyoming, Arizona and Oregon to be a grand slam. Not only does Hemp, Inc. have an established network of industry professionals in every segment of the industrial hemp industry, it has enlisted renowned scientist, Dr. Robert Ian Bruck, Chief Science Officer of Hempire, Inc. to oversee its North Carolina hemp grow. 1. Hemp, Inc.’s North Carolina 2021 Hemp Grow “We expect this year’s grow to be a huge success. Dr. Bruck is an intellectual visionary and understands the evolving industrial hemp sector. The interdisciplinary perspective he brings from academia and his professional career...

Progressive Care Announces Record Earnings and Revenue for Three Months Ended March 31, 2021

Written by Customer Service on May 18, 2021. Posted in Public Companies.

MIAMI, FL, May 18, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce the filing of the Company’s financial performance data setting new revenue and earnings records for the three months ended March 31, 2021. “Our first quarter results exceeded expectations, driven by COVID-19 testing service demand and continued strong growth in third-party administrative services performed for 340B covered entities,” commented Alan Jay Weisberg, CEO and Chairman of Progressive Care, “Our ClearMetrX data analytics platform is nearing completion and we expect to see business come online from pharmacies and medical practices over coming quarters.” Financial Highlights for Quarter Ended March 31,...

Mueller Water Products Announces Proposed Offering of $450 Million Senior Notes

Written by Customer Service on May 18, 2021. Posted in Public Companies.

ATLANTA, May 18, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE:MWA) (the “Company”) announced today that, subject to market conditions and other factors, it is proposing to issue $450,000,000 aggregate principal amount of Senior Notes due 2029 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Company intends to use the net proceeds from the offering, together with cash on hand, to redeem the Company’s existing senior notes due 2026. The Notes will be offered in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States in accordance with Regulation S under the Securities Act. The offer and sale of the Notes have not been...

Guardion Health Sciences to Acquire Activ Nutritional, LLC and Its Well-Known Viactiv® Brand of Products from Adare Pharmaceuticals, Inc.

Written by Customer Service on May 18, 2021. Posted in Mergers And Acquisitions.

Acquisition to Transform and Strengthen Guardion’s Clinical Nutrition Product Portfolio Guardion Will Continue to Explore Additional Growth Opportunities to Further Expand its Presence in the Clinical Nutrition Market SAN DIEGO, May 18, 2021 (GLOBE NEWSWIRE) — Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a clinical nutrition and diagnostics company that develops clinically supported nutrition, medical foods, supplements and medical devices, today announced the first acquisition being effected under its recently-appointed CEO’s new growth strategy to more widely compete in the clinical nutrition market. The Company has entered into an Equity Purchase Agreement with Adare Pharmaceuticals, Inc. (“Adare”) to acquire all of the equity of Activ Nutritional, LLC for a cash payment of $26 million, subject...

Day: May 18, 2021

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