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Day: May 31, 2021

Oil & Gas EPC Market Gain Traction; Increasing Shale Gas Exploration to Propel Growth: Fortune Business Insights™

Key Companies Covered in Oil & Gas EPC Market are Petrofac, Larsen & Toubro, SNC-Lavalin, Wood, McDermott, Saipem, NPCC, WorleyParsons, KBR, TechnipFMC, Galfar, Mott Macdonald, JGC Corporation, CCC, Jacobs, Dodsal Group, Bechtel, CPECC, Lamprell, Aker, OIEC and others Pune, India, May 31, 2021 (GLOBE NEWSWIRE) — The global oil & gas EPC market size is expected to showcase substantial growth in the forthcoming years. This information is published by Fortune Business Insights in its report, titled “Oil & Gas EPC Market, 2021-2028”. In the oil & gas industry, engineering, procurement, and construction (EPC) is usually an all-in-one kind of contract agreement. The contractor is responsible for all three facets of the setup and delivers an operational asset to the client. Sometimes, the contract...

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Jade Power Reports First Quarter 2021 Results

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.UN) is pleased to report its first quarter 2021 financial results.  All amounts are expressed in Canadian Dollars unless otherwise noted.  HighlightsEnergy generation from operations of 43,821 MWh for the first quarter of 2021 compared to 50,209 MWh for the first quarter of 2020 due to less windy conditions, which negatively impacted energy generation by the Trust’s wind assets.Revenue of $5.0 million for the first quarter of 2021, compared with $5.4 million for the first quarter of 2020.Net income of $1.7 million or $0.01 per trust unit (each, a “Unit”) for the first quarter of 2021 compared to a net income of $1.5 million or $0.01 per Unit for the first quarter of 2020. Adjusted EBITDA of $2.9 million1 or $0.01 per Unit...

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Landsbankinn hf.: Ceases employment at Landsbankinn

Perla Ösp Ásgeirsdóttir, Managing Director of Risk Management at Landsbankinn, has resigned her position with the Bank and ceased employment.   Perla has been Managing Director of Risk Management at Landsbankinn since 2010. Perla developed a robust, efficient and reliable risk management platform for the Bank, including the implementation of real-time information on risk across the Bank’s entire operation.  “I feel proud to leave the Bank after 11 eventful years, having gained extensive experience and worked with amazing people. Strategy and governance, including risk management, is of the highest standard at Landsbankinn, making it the best bank in Iceland,” says Perla Ösp Ásgeirsdóttir.   “Perla is a strong leader who has steered risk management through extensive changes with foresight and confidence. We have had an excellent work...

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WeedMD and Privately Owned CannTx Life Sciences Sign Letter of Intent to Create a Cannabis Cultivation and Consumer-Centric Product Portfolio

Strategic acquisition of innovative, specialized cannabis operator will fold in micro-propagation technology, a craft portfolio, and solventless extraction capabilities Complementary operations and combined brand portfolio meets emerging trends in consumer preference, alongside continued growth in new business verticals Guelph-based state-of-the-art facility will help create synergies and further cost efficiencies to bring new strains and high-margin products to market at greater scale and consistency WeedMD management to host conference call on May 31, 2021 at 10 am EasternTORONTO, May 31, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis is pleased to announce it has signed a Letter of Intent (the “LOI”)...

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Invitation to Ferratum Oyj’s Capital Markets Day on 8 June 2021

Invitation to Ferratum Oyj’s Capital Markets Day on 8 June 2021 Helsinki, 31 May 2021 – Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) (“Ferratum” or the “Group”) invites financial analysts, institutional and retail investors to a Capital Markets Day, to be held virtually, on Tuesday, 8 June 2021 at 14:00 CET. During the event, top management will provide an update on the Group’s strategic ambitions, including the new brand and tribes, and on the Group’s financial targets. The program and link to the webcast of the event is available on the Group’s website https://www.ferratumgroup.com/investors/cmd. Participants will have an opportunity to ask questions after the presentations. The company will publish a recording of the presentations after the event. About Ferratum Group:Ferratum Group is an international provider...

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Simply Better Brands Corp. Announces Q1 2021 Financial Results

VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) — Simply Better Brands Corp. (the “Company” or “Simply“) (TSX Venture: SBBC.V) is pleased to announce its financial results for the quarter ended March 31, 2021. All amounts are expressed in United States dollars unless otherwise noted. Certain metrics, including those expressed on an adjusted basis, are non-IFRS measures, see “Non-GAAP Measures” below. Corporate Developments Acquisition of No B.S. Life, LLC (“No B.S. Skincare”) – On February 18, 2021, the Company completed the acquisition of No B.S. Skincare, the industry-leading clean-formula skincare and beauty company. Three-for-one Forward Stock Split – On February 22, 2021, the Company announced that the Board of Directors of the Company approved a 3 new...

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Newly Acquired VitalHub Subsidiary S12 Solutions Reports Recent Sales Since February 2021

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — VITALHUB CORP. (TSXV: VHI) (the “Company” or “VitalHub”) is pleased to report that newly acquired subsidiary, S12 Solutions (“S12”), has achieved significant market penetration since February 2021. S12 Solutions is a UK-based company, which helps mental health professionals efficiently complete Mental Health Act 1983 (“MHA”) processes. S12 Solutions is a digital platform, which connects Approved Mental Health Professionals (“AMHPs”) with approved section 12 (“s.12”) doctors for MHA assessments in England. AMHPs are able to find available, local doctors, create s.12 doctor claims, and both AMHPs and doctors can create, complete and share electronic statutory MHA forms. Founded in 2017, S12’s platform supports mental health crisis care pathway efficiency through timely access to the best available...

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Auxly Announces Annual General and Special Meeting of Shareholders and COVID-19 Precautionary Guidance

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX- XLY) (OTCQX: CBWTF) (“Auxly” or the “Company“) announced today that it will hold its Annual General and Special Meeting of Shareholders (the “Meeting”) on Monday, June 28, 2021 at 2:00 p.m. EST at the offices of Bennett Jones LLP, 3400 One First Canadian Place, Toronto, Ontario, M5X 1A4.   COVID-19 Guidance The Company is strongly discouraging physical attendance at the meeting to proactively deal with potential issues arising from the unprecedented public health impact of COVID-19 and to limit and mitigate risks to the health and safety of its communities, shareholders, employees, directors and other stakeholders. The Meeting will not be open to the general public and will be restricted to registered shareholders (who are also strongly...

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Share capital increase / Transaction with related party

On 10 May, 2016, the Annual General Meeting of Arco Vara AS adopted the decision to issue a convertible bond, which gave to the owner of it the right to subscribe for 390 000 shares 0.7 euros per share (hereinafter “Convertible Bond”). As 390 000 were subscribed for, Arco Vara AS has issued the corresponding new shares. On 27 May, 2021, the share capital of Arco Vara AS increased by 273 000 euros, i.e. the new share capital is 6,571,856.9 euros. The owner of the Convertible Bond, the Supervisory Board member (former Management Board member) of Arco Vara AS Tarmo Sild, transferred the right of subscription to OÜ ALARMO KAPITAL who exercised it. OÜ ALARMO KAPITAL is associated with the Supervisory Board members of Arco Vara AS Tarmo Sild and the Allar Niinepuu. On 27 May, 2021, the entry regarding the increase of the share capital of Arco...

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WeedMD Reports Fiscal Year 2020 Financial Results and First Quarter 2021 Preliminary Gross Revenue of $12 Million

Net revenue increased 41% YOY to $29.4 million for the full year ended December 31, 2020 Kilograms harvested in 2020 grew 88% over prior year to 33,751 with more Grade A flower Weighted average cost per gram of $0.46 in 2020 decreased by 42% from $0.79 in 2019 partly due to cost efficiencies implemented Preliminary unaudited Q1 2021 gross revenue of $12 million (1) represents 40% growth in high-margin, direct-to-consumer/patient sales when compared to prior year, up 72% from Q4 2020 Management to host conference call on Monday, May 31st at 10:00 a.m. Eastern TimeTORONTO, May 31, 2021 (GLOBE NEWSWIRE) —  WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, announced today its financial results for the fiscal year ended December 31,...

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