Month: May 2021

Canapar Acquired by RAMM Pharma

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

Acquisition opens new opportunities for both companies in European and South American markets RAGUSA, Italy, May 25, 2021 (GLOBE NEWSWIRE) — Canapar Corp. (“Canapar”) today announced a definitive agreement with RAMM Pharma Corp. (including its wholly owned subsidiaries, “RAMM”) for RAMM to acquire all the remaining common shares of Canapar. In exchange, Canapar will receive approximately 21 million common shares in RAMM for a total purchase price of approximately CA$26.2 million. Under the agreement, Canapar shareholders will receive approximately 0.54 RAMM shares for each share held in Canapar. This transaction follows RAMM’s acquisition of 49% of common shares in Canapar in December 2020. “We expect that deepening our partnership with RAMM further builds Canapar’s capacity to grow its market share in the European and global cannabis...

Water Ways Technologies Inc.: Live Investor Webinar

Written by Customer Service on May 25, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), a global provider of proprietary water irrigation technology solutions to agricultural producers, announces a live Investor webinar at 11 am ET on June 2, 2021. Water Ways Technologies: The Future in Agro-Tech Registration and further information here. CEO Ohad Haber and Management will host this focused information session followed by an open Q&A from investors. Mr. Haber will focus on the many achievements attained during the COVID and the incredible future before the Company and its shareholders. Topics include.The critical global importance of Agro-Tech for food production and water conservation; Year-end...

Gold’n Futures Executes Option to Acquire Claims Contiguous With Its Brady Gold Property’s Reid Gold Zone in Newfoundland

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, May 25, 2021 (GLOBE NEWSWIRE) — GOLD’N FUTURES MINERAL CORP. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or “Gold’n Futures”) is pleased to report it has entered into a definitive option agreement to acquire 34 mineral claims (the “Option”), covering 850 hectares (“ha”) (the “Claims”). The Claims all but surround the Company’s current Brady Gold Property and its Reid Gold Zone. Highlights of the Option:The consideration to be paid pursuant to the Option is entirely common share consideration with no cash payment; Upon full exercise of the Option, the Company will be transferred 100% title to the Claims, subject to a 2% royalty; The Option expands the Brady Gold Property by approximately 9-fold to 950 ha; The Claims protect about 4½ km of favorable gold-related regional structure, and; The...

Construction Equipment Market to Touch 160.84 Billion by 2027; Increasing Infrastructure Worldwide to Bolster Market Prospects: Fortune Business Insights™

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

List of the Companies Profiled in the Market: AB Volvo,Caterpillar Inc,Komatsu Ltd,Doosan Infracore Co. Ltd,Hitachi Construction Machinery Co., Ltd,J.C. Bamford Excavators Ltd,Liebherr Group,CNH Industrial N.V,Hyundai Construction Equipment Co., Ltd,SANY Group Pune, India, May 25, 2021 (GLOBE NEWSWIRE) — The global construction equipment market size is projected to reach USD 160.84 billion by 2027, exhibiting a CAGR of 2.8% during the forecast period suggests Fortune Business Insights™ in its report, titled “Construction Equipment Market, 2020-2027”. The demand for construction equipment upsurged due to shift from traditional to automated equipment as consumers are retro filling and renovating the old technology. COVID-19 Impact The COVID-19 pandemic has led to a severe economic downturn, impacting industries and businesses in...

Huazhu Group Limited Reports First Quarter of 2021 Financial Results

Written by Customer Service on May 25, 2021. Posted in Earnings Releases And Operating Results.

A total of 6,881 hotels or 662,512 hotel rooms in operation as of March 31, 2021. Hotel turnover1 increased 66.3% year-over-year to RMB8.2 billion for the first quarter. Excluding Steigenberger Hotels AG and its subsidiaries (“DH”), hotel turnover increased 113.4% year-over-year for the first quarter. Net revenues increased 15.6% year-over-year to RMB2.3 billion (US$355 million)2 for the first quarter, better than revenue guidance previously announced of 8% to 10%. Excluding DH, net revenues for the first quarter increased 68.8% year-over-year, better than revenue guidance previously announced of 61% to 63%. Net loss attributable to Huazhu Group Limited was RMB248 million (US$38 million) for the first quarter of 2021, compared with a RMB2.1 billion loss for the first quarter of 2020 and net income attributable to Huazhu Group Limited...

Arena Minerals Enters Definitive Share Purchase Agreement to Acquire Sal De La Puna Lithium Brine Project in Pastos Grandes Salar, Salta, Argentina

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) is pleased to announce that the Company has entered into a binding share purchase agreement (the “SPA”) with Centaur Resources (“Centaur”) to acquire its wholly owned subsidiary, Centaur Resources Holding Pty Ltd, which indirectly owns 100% of the Sal de la Puna lithium brine project (“Sal de la Puna”, or the “Project”), covering 11,000 hectares of the Pastos Grandes basin in Argentina. The Company was previously assigned the right to acquire the Project pursuant to a binding memorandum of understanding (the “MOU”) with LITH-ARG Acquisition...

Saputo Announces Two Strategic Acquisitions in the Dairy Alternatives and Value-Added Ingredients Segments

Written by Customer Service on May 25, 2021. Posted in Mergers And Acquisitions.

MONTRÉAL, May 25, 2021 (GLOBE NEWSWIRE) — Saputo Inc. (“Saputo” or “the Company”) (TSX: SAP) announces today two strategic acquisitions in each of the dairy alternatives and value-added ingredients segments, representing a combined investment of approximately CDN$187 million. Bute Island Foods Acquisition in Dairy Alternative Cheese The Company is pleased to have completed the acquisition of Bute Island Foods Ltd., an innovative manufacturer, marketer and distributor of a variety of dairy alternative cheese products for both the retail and foodservice market segments under the award-winning vegan Sheese brand, alongside private label brands. The business is located on the Isle of Bute, off the West Coast of Scotland (United Kingdom) and employs approximately 180 people, including its founders. “We are delighted to welcome the Bute...

GobiMin Announces First Quarter 2021 Results

Written by Customer Service on May 25, 2021. Posted in Earnings Releases And Operating Results.

(Expressed in United States dollars except where otherwise indicated) MONTREAL, May 25, 2021 (GLOBE NEWSWIRE) — (TSXV: GMN) GobiMin Inc. (“GobiMin” or the “Company”, together with its subsidiaries collectively the “Group”) reports its financial and operating results for the first quarter of 2021. The unaudited condensed interim consolidated financial statements along with quarterly highlights of management’s discussion and analysis have been filed with SEDAR (www.sedar.com) and are also available at the website of the Company (www.gobimin.com). Financial Highlights Three months ended March 31, Year ended 2021 2020 December 31, 2020 $’000 $’000 $’000 Revenue 206 193 891(Loss)/gain on disposal of financial assets (114) (36) 266Fair value loss on financial assets (48) (402) (106) Net...

Teligent, Inc. Announces First Quarter 2021 Earnings Report and Provides Business Update

Written by Customer Service on May 25, 2021. Posted in Earnings Releases And Operating Results.

– Continued Remediation Progress Being Made– Reiterating Prior Guidance of Informing FDA on Inspection Readiness During 3Q2021– Conference Call to Be Held on May 25, 2021 at 4:30 pm Eastern Standard Time – Dial in: (800) 708-4540 US Toll Free Number (847) 619-6397 US Number Confirmation Number: 50161966BUENA, N.J., May 25, 2021 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based generics pharmaceutical company, today announced its financial results for the first quarter of 2021 and provided a business update. “As we prepare for the second half of 2021, we are pleased with the progress being made with respect to remediation, our strengthened capital position, and the recent additions to our senior management team and board of directors,” said Tim Sawyer, Teligent’s President & Chief...

Cyclerion Therapeutics to Participate in Jefferies Virtual Healthcare Conference

Written by Customer Service on May 25, 2021. Posted in Public Companies.

CAMBRIDGE, Mass., May 25, 2021 (GLOBE NEWSWIRE) — Cyclerion Therapeutics, Inc. (Nasdaq: CYCN) today announced that Company management will present a corporate overview at the Jefferies Virtual Healthcare Conference on Tuesday, June 1, 2021 at 4:00 p.m. ET. Management will also be available for one-on-one meetings and investors may request a meeting through Jefferies. The live webcast can be accessed via the Investors & Media section of the Cyclerion website at https://ir.cyclerion.com/news-events/event-calendar. An archived replay of the event will be available on the site for approximately 90 days following the presentation. About Cyclerion Therapeutics Cyclerion Therapeutics is a clinical-stage biopharmaceutical company on a mission to develop treatments that restore cognitive function. Cyclerion’ is advancing novel, first-in-class,...

Month: May 2021

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