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Month: May 2021

Interim Management Statement covering Q3 2020/21

17 May 2021Announcement no. 322 Interim Management Statement covering Q3 2020/21 The Board of Directors of Rovsing A/S has today considered and approved the Interim Management Statement for the third quarter (1 January 2021 – 31 March 2021) of the financial year 2020/21. Q3 highlightsIn Q3 of the financial year 2020/21, the revenue amounted to DKK 7,6 million (2019/20: DKK 6,2 million). Accumulated year to date revenue is DKK 20,0 million.Q3 EBITDA of DKK 0,9 million (2019/20: DKK 0,5 million). Accumulated year to date EBITDA of DKK 1,9 million.Rovsing has achieved key milestones with its Customers in Q3 2020/21, kicking off the FLEX Electrical Power Subsystem (EPS) Electrical Ground Support Equipment (EGSE) for Thales Alenia Space in the UK and the Mars Sample Return-Earth Return Orbiter (MSR-ERO) Electrical-Satellite Interface...

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IHT FISCAL YEAR 2021 RESULTS; UNIGEN CLEAN ENERGY DIVERSIFICATION PROGRESS

Phoenix, AZ, May 17, 2021 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) reported Fiscal 2021 revenues of approximately $4.203 million for the Fiscal Year Ended January 31, 2021 compared to revenues of approximately $6.568 million for the same prior year period. Basic earnings per share for Fiscal Year ended January 31, 2021 was ($0.31) compared with ($0.21) for the Fiscal Year ended January 31, 2020. This decline was largely attributable to the negative impact of the Covid-19 virus pandemic. Economic conditions improved for the Trust, however, in Q4 compared to Q3 of Fiscal Year 2021. Fiscal 2021 fourth quarter revenues remained approximately flat for the three-month period of November 1, 2020 to January 31, 2021, compared to revenues for Q3 of Fiscal Year 2021. A number of areas of our hotel operations are...

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ECMOHO Limited and Harbin Pharmaceutical Group Announce Joint Launch of New Iron Supplement Product

SHANGHAI, China, May 17, 2021 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the health and wellness market in China, announced today that on May 10, 2021, a new product, Puxue Oral Liquid, which is a supplement intended for use by children aged between one and 17, adults, pregnant women, and nursing mothers who suffer from iron and vitamin B12 deficiencies, is jointly launched by the Company and Harbin Pharmaceutical Group Co., Ltd. (“HPGC”). ECMOHO is primarily responsible for the packaging design and sales distribution of the new product. Iron and vitamin B12 deficiencies may lead to anemia, which may cause a series of health problems, including asthenia and exercise-induced asthma, as well as chronic brain hypoxia, which affects normal cognitive ability,...

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Resolutions of the Annual General Meeting of Enedo Plc

Enedo Plc         Stock Exchange Release         17 May 2021 at 13:00           RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF ENEDO PLC The Annual General Meeting of Enedo Plc (the “Company”) was held on 17 May 2021 in Vantaa. In order to limit the spread of the COVID-19 pandemic, the Annual General Meeting was held without the presence of shareholders or their representatives at the venue. The Annual General Meeting adopted the annual accounts of the Company for the financial period 1 January 2020 – 31 December 2020 and discharged the Board of Directors and the CEO from liability for their actions in the past financial period. Further, the Annual General Meeting resolved to adopt the Remuneration Report for 2020. Dividend The Annual General Meeting approved the proposal of the Board of Directors not to distribute any dividend to...

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Major Drilling Announces Acquisition of Leading Australian Speciality Drilling Contractor

MONCTON, New Brunswick, May 17, 2021 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI) (“Major Drilling” or the “Company”) is pleased to announce that it has entered into an agreement to acquire all of the issued and outstanding shares of McKay Drilling PTY Limited (“McKay”), a leading specialty drilling contractor based in Perth, Australia for an amount up to A$80 million, or approximately C$75 million (the “Acquisition”). The Acquisition will be immediately accretive on an earnings per share basis upon closing and provides Major Drilling a strong established presence in an important growth market. Founded in 1990, McKay is considered a leader in reverse circulation drilling and operates a state-of-the-art fleet of 15 high-capacity reverse circulation rigs and five deep-hole diamond rigs with the most advanced...

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Zomedica Hires Vice President Business Development to Lead Acquisition and Licensing Efforts

Former Elanco Animal Health, Johnson & Johnson, Intuitive Surgical, and Enteromedics Business Development Executive Joins Team to Support Growth Opportunities ANN ARBOR, Mich., May 17, 2021 (GLOBE NEWSWIRE) — Zomedica Corp. (NYSE American: ZOM) (“Zomedica” or the “Company”), a veterinary health company creating point-of-care diagnostics products for dogs and cats, announced that it has hired a Vice President Business Development to lead its acquisition and licensing efforts. “As disclosed in our first quarter financials, Zomedica had a cash and cash equivalents balance of approximately $276.6 million as of March 31, 2021,” commented Robert Cohen, Chief Executive Officer of Zomedica. “To complement our TRUFORMA® product platform and to accelerate the growth of Zomedica overall, we intend to opportunistically invest to expand...

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Aleksandr Timofejev is the new CEO of AS Tallinna Vesi

On 17 May 2021, the Supervisory Council of AS Tallinna Vesi appointed Aleksandr Timofejev as the new Chief Executive Officer of the company. Mr Timofejev has been a member of the Management Board since 2012, serving as the Chief Operating Officer of AS Tallinna Vesi. Supervisory Council also decided to extend the term of office of Aleksandr Timofejev as a member of the Management Board by 5 years as from 30/10/2021. According to Priit Koit, Chairman of the Supervisory Council of AS Tallinna Vesi, Mr Timofejev’s long and versatile work experience in the company as well as strong knowledge of water and wastewater industry were the decisive factors in selecting the new CEO for the company. “Aleksandr has the skills such as strategic thinking and the ability to make quick and bold decisions when needed. Along with in-depth technical knowledge,...

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Waturu is now delivering the first water heaters to Africa

Waturu is now delivering the first water heaters to AfricaThe first 100 units of Waturus water heater are now on their way to Africa, where they will ensure water savings as well as kill bacteria in the domestic water. The African distributor has high expectations. The listed greentech company Waturu Holding A/S has for the first time delivered units to Africa, more specifically to Uganda. The units were picked up in Fredericia and are the first delivery out of many to East Africa.A collaboration has been entered into with a distributor who will sell the water heater, which can also ensure bacteria-free water, in several countries in Africa. – Africa is huge and we have good experience of trading in several of the countries where we have local employees who have a large network. We have followed the development of the water heater...

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Superconductor Technologies and Allied Integral United (“Clearday”) Announce Updated Merger Agreement

Merged Company Will Provide Next-Generation, Longevity Care Services that Support Aging in Place AUSTIN, Texas and SAN ANTONIO, May 17, 2021 (GLOBE NEWSWIRE) — Superconductor Technologies Inc. (STI) (OTCMKTS: SCON), a leader in superconducting innovation, reported it entered into an updated, definitive merger agreement with Allied Integral United, Inc. (“Clearday”), a privately-held company dedicated to delivering next generation longevity care and wellness services that support aging in place, whereby a wholly-owned subsidiary of STI will merge with and into Clearday in a stock-for-stock transaction with Clearday. The merger agreement replaced the merger agreement that was announced by the parties on March 3, 2020, which had expired. Upon completion of the merger, STI will change its name to Clearday, Inc. The merged company will...

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Start of construction of the Odra residential project (Tallinn, Estonia)

Odra_1.jpgOdra_1Odra_2.jpgOdra_2AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has started the construction of the Odra residential development project in the city centre of Tallinn. The three-part building complex, with a total of 114 apartments and seven commercial premises, will be completed in the beginning of 2023. The Odra development project, located at Lastekodu St. 31/1, Lastekodu St. 31/2 and Odra St. 6 (merko.ee/odra) will be of energy class B. The size of the apartments ranges between 23–132 square metres and the price per square metre starts from 3,000 euros. Merko will build greenery, recreational areas and children’s playgrounds in the interior courtyard. Parking spaces are located on the underground floor, which connects all three buildings. AS Merko Ehitus Eesti (merko.ee) is Estonian...

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