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Month: May 2021

Results 2021 Annual General Meeting

PRESS RELEASE: Amsterdam – 13 May 2021. Intertrust N.V. (“Intertrust”) [Euronext: INTER], a global leader in providing tech-enabled corporate and fund solutions to clients operating and investing in international business, announces that in the Annual General Meeting of 12 May 2021 (2021 AGM) the shareholders adopted all voting items on the agenda. At the 2021 AGM a total of 73.59% of the total issued share capital was represented. The results of the votes for each item on the agenda, will be published on our website https://www.intertrustgroup.com/investors/shareholder-information/annual-general-meeting-may-2021/ . Draft minutes of the 2021 AGM will be published no later than three months after the end of the meeting, after which shareholders should have the opportunity to react in the following three months. About IntertrustIntertrust...

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Teekay LNG Partners Reports First Quarter 2021 Results

HighlightsGAAP net income attributable to the partners and preferred unitholders of $87.6 million and GAAP net income per common unit of $0.92 in the first quarter of 2021. Adjusted net income(1) attributable to the partners and preferred unitholders of $60.5 million and adjusted net income per common unit of $0.61 in the first quarter of 2021 (excluding other items listed in Appendix A to this release). Total adjusted EBITDA(1) of $184.3 million in the first quarter of 2021. Secured three LNG charters during March and April 2021, increasing the Partnership’s LNG fleet to 98 percent fixed for the remainder of 2021, and 89 percent fixed for 2022. Teekay LNG increased its common unit distributions by 15 percent to $1.15 per common unit, on an annualized basis, commencing with the first quarter’s distribution to be paid in May...

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Update on Kurdistan Payments

Oslo, 13 May 2021 – DNO ASA, the Norwegian oil and gas operator, today reported that Kurdistan’s Minister of Natural Resources has informed the international oil companies operating in the region of an intention to extend the payment period for arrears built up from non-payment of certain invoices in 2019 and 2020. As widely reported, last December the Prime Minister of Kurdistan announced a decision to pay the companies 50 percent of incremental revenue in any month in which Brent prices exceed USD 50 per barrel towards the arrears. The revised terms reduce the payment of the withheld amounts to 20 percent of incremental revenue above USD 50 per barrel. The Minister also advised that all international oil company invoices, including towards withheld amounts, will now be settled within 60 days of receipt. DNO is reviewing its position...

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Cryptocurrency TTT “The Transfer Token” to be listed on Cryptocurrency Exchange XT.com.

On May 24th, 2021, the cryptocurrency token TTT (The Transfer Token), issued by Atom Solutions Co., Ltd. (hereinafter referred to as Atom Solutions), shall be newly listed on the cryptocurrency exchange XT.com. With this, the trading pair of “TTT/USDT” is set to be opened for trading.XT.com is a cryptocurrency exchange headquartered in Hong Kong.The biggest feature of this exchange lies in the construction of the world’s first socialized cryptocurrency trading platform. With English, Mandarin, Russian, Spanish, Japanese, etc., communities of various languages are provided, and here users can gather information such as trending currency pairs and markets in real time.For those not content on just gathering information, it is possible to join in on chats, allowing users to gain a deeper perspective on the cryptocurrency market. With the...

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Global Warming Solutions, Inc. Announces World Renowned Inventor of the Infomercial and Original Shark Tank Investor Kevin Harrington Appointed to Advisory Board and Teams Up With Company

Temecula, CA, May 13, 2021 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc., (OTC MARKETS: “GWSO”), a worldwide developer of technologies that help mitigate Global Warming and its effects on the planet announces that internationally recognized businessman, Shark Tank investor, and veteran entrepreneur Kevin Harrington has been appointed to its advisory board and will assist the company with obtaining contracts, and with the marketing/branding of its revolutionary technologies. An innovator in infomercial marketing and one of the original sharks on the hit TV show Shark Tank, and pioneer of the As Seen On TV Empire, Harrington understands manufacturing and global supply chain challenges and is an advocate for reducing the effects of global warming and what it is doing to our planet. Throughout his corporate ventures, Harrington...

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Cybercrime thrives during pandemic: Verizon 2021 Data Breach Investigations Report

Increase in phishing and ransomware attacks – along with continued high numbers of Web Application Attacks – underscore a year of unprecedented security challenges What you need to know:Report analyzes 29,207 quality incidents, of which 5,258 were confirmed breaches Phishing attacks increased by 11 percent, while attacks using ransomware rose by 6 percent 85 percent of breaches involved a human element, while over 80 percent of breaches were discovered by external parties Breach simulations found the median financial impact of a breach is $21,659, with 95 percent of incidents falling between $826 and $653,587BASKING RIDGE, N.J., May 13, 2021 (GLOBE NEWSWIRE) — The Verizon Business 2021 Data Breach Investigations Report (2021 DBIR) examines more breaches than ever before, and sheds light on how the most common forms...

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PhenixFIN Corporation Announces Second Quarter 2021 Financial Results

NEW YORK, May 12, 2021 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal second quarter of 2021. Second Quarter 2021 HighlightsTotal investment income of $6.5 million; net investment income of $3.7 million $59.1 million in cash on March 31, 2021 Net asset value of $151.2 million, or $55.91 per share as of March 31, 2021 vs. $55.30 per share as of September 30, 2020The quarter ended March 31, 2021 represented the first quarter of operations under the Company’s new internalized management structure. David Lorber, Chief Executive Officer of the Company, stated: “We are pleased with the smooth transition to an internally-managed company and with our performance during the quarter. We are generally...

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Interfor Announces Special Cash Dividend of $2 Per Share

BURNABY, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that its Board of Directors has declared a one-time special cash dividend of $2.00 per share, which will be paid on or before June 28, 2021 to shareholders of record on May 28, 2021.   Based on the current number of shares outstanding, the special dividend will result in an aggregate distribution of approximately $130 million. The dividend will be funded from cash on hand, which amounted to $750 million as at April 30, 2021, an increase of $137 million from March 31, 2021.   Interfor’s available liquidity, comprising cash on hand and amounts available under its revolving credit facility totalled $1.1 billion as at April 30, 2021.    “This special dividend reflects a partial distribution of the...

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ST. JAMES GOLD CORP. (TSX-V: LORD) ANNOUNCES $6.5 MILLION BROKERED PRIVATE PLACEMENT

Not for distribution to U.S. news wire services or dissemination in the United States. Vancouver, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — St. James Gold Corp. (the “Company”) (TSXV: LORD) (OTCQB: LRDJF) (FSE: BVU3) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. as lead agent (the “Lead Agent”) and on behalf of a syndicate of agents (together with the Lead Agent, the “Agents”) in connection with a commercially reasonable efforts brokered private placement of up to 2,170,000 units of the Company (each, a “Unit”) at a price of $3.00 per Unit for aggregate gross proceeds to the Company of up to $6,510,000 (the “Offering”). Each Unit will be comprised of one common share in the capital of the Company (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”),...

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Nouveau Monde Provides Clarification on a Prior News Release

MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) — Nouveau Monde Graphite Inc. (“Nouveau Monde” or the “Company”) (TSXV: NOU; OTCQX: NMGRF; Frankfurt: NM9) issued a press release on March 11, 2021 (updated on March 13, 2021) (the “Press Release”) and filed a material change report on March 18, 2021 (the “MCR”) announcing the completion of a Front-End Loading engineering analysis (“FEL-1”) for Phase 2 of its large-scale commercial lithium-ion anode material project in Bécancour, Québec (the “LiB Anode Plant”). The Press Release and the MCR contained information extracted from the FEL-1 prepared by the Company and reviewed and approved by Mr. Alain Mercier, P.Eng, an engineering consultant to the Company, including future-oriented financial information (the “FOFI”) for a period extending beyond December 31, 2022. The FOFI was included to...

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