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Day: May 21, 2021

Consent Solicitations Achieved in Respect of 7.45% Notes Due 2034 and 7.35% Debentures Due 2026

MONTRÉAL, May 21, 2021 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) (the “Corporation”) today announced that it has received the requisite consent from holders of its outstanding 7.45% Senior Notes due 2034 (the “2034 Notes”) and holders of its 7.35% Debentures due 2026 (the “Canadian Notes”) as they relate to the Corporation’s previously announced Consent Solicitation Statement dated May 3, 2021 as supplemented by the supplement to the Consent Solicitation Statement dated May 18, 2021 (as from time to time amended or supplemented, the “Consent Solicitation Statement”) with respect to its outstanding senior notes and debentures (such solicitation with respect to any individual series, a “Consent Solicitation” and collectively, the “Consent Solicitations”). The expiration date in the Consent Solicitations was 5:00 p.m., New York City...

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Mercer Park Brand Acquisition Corp. (“BRND” or the “Company”) Provides Update on Anticipated Shareholdings of the Company Following Closing of Qualifying Transaction

TORONTO, May 21, 2021 (GLOBE NEWSWIRE) — Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF), special purpose acquisition corporation which has entered into a definitive agreement to merge (the “GH Group Transaction”) with GH Group, Inc. (“GH Group”), California’s leading fully-integrated cannabis business, provided an update in respect of certain anticipated shareholdings following the closing of the GH Group Transaction. Adjustments to Proposed Holdings of Multiple Voting Shares The proposed holdings of multiple voting shares of the Company (“Multiple Voting Shares”) have been modified from that described in BRND’s final prospectus dated May 6, 2021 (the “Prospectus”) and management information circular (the “Circular”), which were filed on SEDAR on May 7, 2021. While the total number of Multiple Voting Shares will...

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Cemtrex Announces Receipt of Nasdaq Listing Delinquency Letter

Brooklyn, NY, May 21, 2021 (GLOBE NEWSWIRE) — — Cemtrex Inc. (NASDAQ: CETX, CETXP, CETXW), a technology company driving innovation in Internet of Things (IoT), security, machine vision & artificial intelligence, and augmented & virtual reality, announced today that it received a letter from Listing Qualification Department of Nasdaq on May 19th, 2021 notifying the Company that because the Company has not yet filed its Form 10-Q for the period ended March 31, 2021 (the “Subsequent Delinquent Filing”), and because the Company remains delinquent in filing its Form 10-Q for the quarter ended December 31, 2020 (the “Initial Delinquent Filing”), the Company no longer complies with Nasdaq’s Listing Rule 5250(c)(1) “Obligation to File Periodic Financial Reports” for continued listing. In accordance with the letter from Nasdaq...

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EarthRenew Completes Shares for Debt Settlements

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, May 21, 2021 (GLOBE NEWSWIRE) — EarthRenew Inc. (“EarthRenew” or the “Company”) (CSE: ERTH; OTCQB: VVIVF) is pleased to announce that it has completed its shares for debt settlements with certain creditors of the Company’s recently acquired wholly-owned subsidiary, Replenish Nutrients Ltd. that were previously announced on May 17, 2021 (the “Shares for Debt Settlement”). Pursuant to the Shares for Debt Settlement, the Company has issued 2,184,663 common shares of the Company at a deemed price of $0.248 per share in satisfaction of outstanding debt of $541,796. The common shares issued pursuant to the Shares for Debt Settlement are subject to a four month and one day hold period expiring on September 22, 2021. About EarthRenew EarthRenew’s...

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The Flowr Corporation Announces First Quarter 2021 Earnings Date

TORONTO, May 21, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces that the Company will release its first quarter results after the close of the financial markets on Friday, May 28, 2021. About The Flowr Corporation The Flowr Corporation is a Toronto-headquartered cannabis company with operations in Canada, Europe, and Australia. Its Canadian operating campus, located in Kelowna, BC, includes a purpose-built, GMP-designed indoor cultivation facility; an outdoor and greenhouse cultivation site; and a state-of-the-art R&D facility. From this campus, Flowr produces recreational and medicinal products. Internationally, Flowr intends to service the global medical cannabis market through its subsidiary Holigen Holdings Limited, which has a license for cannabis cultivation...

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Eurogas International Inc. Announces Resignation of Interim Chief Financial Officer

TORONTO, May 21, 2021 (GLOBE NEWSWIRE) — Eurogas International Inc. (CSE: EI) (the “Corporation”) today announced that Robert Sellars has resigned as Interim Chief Financial Officer of the Corporation. The board of directors of Eurogas International thanks Mr. Sellars for his contribution to the Corporation. The board of directors has begun a search for a replacement for Mr. Sellars. ABOUT EUROGAS INTERNATIONALEurogas International Inc. is an independent oil and gas exploration company listed on the Canadian Securities Exchange (www.cnsx.ca) under the symbol EI. All documentation in respect of the Corporation may be viewed under the Corporation’s profile on SEDAR (www.sedar.com) or under the Corporation’s website at www.eurogasinternational.com. For further information, please contact:Bruce Sherley, Acting Chief Executive OfficerEurogas...

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Sharing Services Global Corporation (SHRG) Receives Notice on South Korea License

PLANO, Texas, May 21, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Sharing Services Global Corporation (OTCQB: SHRG) (the “Company”), formerly Sharing Services, Inc., has received notice from KOSSA cancelling its subsidiary license previously issued. The Company still has plans to launch in that country and is working to resolve any outstanding issues. “It is unfortunate and disappointing that days before our launch in South Korea we received this news. We have been fully compliant with all requirements during the process and were issued the licensed in February. The Company is currently working on this situation and we hope to have a positive resolution soon for all the hard-working representatives in that country,” stated John “JT” Thatch, CEO of SHRG. About Sharing Services Global CorporationSharing Services Global Corporation...

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48North Cannabis Corp. to Host 2021 Third Quarter Financial Results Conference Call on Monday, May 31, 2021 at 8:30 A.M. (ET)

TORONTO, May 21, 2021 (GLOBE NEWSWIRE) — 48North Cannabis Corp. (“48North” or the “Company”) (TSXV: NRTH), a brand-led, vertically integrated Licensed Producer focused on manufacturing an expansive portfolio of high quality, accessibly priced products available across the country, will hold a conference call on Monday, May 31, 2021 to review its third quarter ended March 31, 2021. The call will be hosted by Charles Vennat, CEO and Donnacha Rahill, interim-CFO. All interested parties are invited to participate. The Company intends to release their earnings for its third quarter after the close of markets on Friday, May 28, 2021.CONFERENCE CALL DETAILS: DATE: Monday, May 31, 2021 TIME: 8:30 A.M. (ET) DIAL-IN NUMBER: 1-888-231-8191 CONFERENCE ID: 2860867About 48North 48North Cannabis Corp. (TSXV:NRTH) is...

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Quipt Home Medical Announces Corporate Update

CINCINNATI, May 21, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (TSXV:QIPT; OTCQX:PTQQD), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is pleased to provide a corporate update. “We have had a very busy and exciting month of May at Quipt. We continue to strategically position the Company for continued robust growth and are working hard to garner awareness across both sides of the border at this important stage in the Company’s lifecycle,” commented Greg Crawford, CEO and Chairman of Quipt. “There continues to be extraordinary tailwinds for our business, and with our deep acquisition pipeline, highly-scalable infrastructure, pristine balance sheet, and continued operating momentum, we are ready to capitalize on the overarching opportunity and aggressively...

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Partners Value Investments Inc. Announces Q1 2021 Interim Results

TORONTO, May 21, 2021 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended March 31, 2021. All amounts are stated in US dollars. The Company generated net income of $12 million for the three months ended March 31, 2021 compared to net income of $170 million in the prior year quarter. Net income was lower in the current quarter compared to the 2020 quarter which included significant valuation gains arising from changes in the value of the warrants and the impact of currency exchange rates of the company’s preferred shares which are denominated in Canadian dollars.The market price of a Brookfield share was $44.50 as at March 31, 2021 (December 31, 2020 – $41.27). Consolidated Statements of Operations(Unaudited)For the periods ended March...

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