Day: June 1, 2021

Centerra Gold Announces Additional Pre-Emptive Actions in Response to the Seizure of the Kumtor Mine by the Kyrgyz Republic

Written by Customer Service on June 1, 2021. Posted in Public Companies.

Subsidiaries Kumtor Gold Company and Kumtor Operating Company Seek Worldwide Automatic Stay Protection via U.S. Chapter 11 Process; Filing Has No Additional Financial or Operational Impact on Centerra Gold or the Other Areas of its Business Company Announces Strategic Review Related to Kumtor Gold Company and Kumtor Operating Company of Alternative Avenues to Maximize Value to Stakeholders TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) today announced additional actions to protect the interests of Centerra and its stakeholders in response to the unjustified seizure of the Kumtor Mine by the Government of the Kyrgyz Republic. The actions are designed to preserve the value of Centerra’s wholly owned subsidiaries that own and operate the Kumtor Mine, Kumtor Gold Company...

AMD Showcases Industry-Leading Innovation Across the High-Performance Computing Ecosystem at COMPUTEX 2021

Written by Customer Service on June 1, 2021. Posted in Public Companies.

— Keynote highlights company’s growing momentum, strong and expanding set of partners, and breakthrough AMD technologies powering gaming, PCs and the data center — SANTA CLARA, Calif., May 31, 2021 (GLOBE NEWSWIRE) — Today at COMPUTEX 2021, AMD (NASDAQ: AMD) showcased its latest computing and graphics technology innovations to accelerate the high-performance computing ecosystem, spanning gaming, PCs and the data center. AMD President and CEO Dr. Lisa Su unveiled the latest breakthrough in high-performance computing pioneered by AMD with new 3D chiplet technology; expanded adoption of AMD computing and graphics technologies in the automotive and mobile markets with industry leaders Tesla and Samsung; new AMD Ryzen™ processor offerings for enthusiasts and consumer PCs; leadership data center performance with the latest 3rd Gen AMD...

AMD Unveils RDNA 2-Based Mobile Graphics, New AMD Advantage Laptops, Broadly Compatible Upscaling Technology and More at Computex 2021

Written by Customer Service on June 1, 2021. Posted in Public Companies.

AMD Radeon™ RX 6800M GPUAMD Radeon™ RX 6800M GPU– AMD Radeon RX 6000M Series Mobile Graphics provide a generational performance leap of up to 1.5X, powering the next generation of premium gaming laptops from ASUS, HP, Lenovo, MSI and other leading OEMs – – Open-source, cross-platform AMD FidelityFX Super Resolution leverages optimized spatial upscaling technology, delivering up to 2.5X higher performance than native resolution gaming in select titles – TAIPEI, Taiwan, May 31, 2021 (GLOBE NEWSWIRE) — Today at Computex 2021 AMD (NASDAQ: AMD) introduced several powerful new solutions that take high-performance gaming to new levels. Designed to bring world-class performance, incredible visual fidelity and immersive experiences to gaming laptops, the new AMD Radeon™ RX 6000M Series Mobile Graphics include the top-of-stack...

Baudax Bio Announces $11.9 Million Registered Direct Offering

Written by Customer Service on June 1, 2021. Posted in Public Companies.

MALVERN, Pa., May 31, 2021 (GLOBE NEWSWIRE) — Baudax Bio, Inc. (NASDAQ:BXRX), a pharmaceutical company focused on developing and commercializing innovative products for acute care settings, today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 14,028,520 shares of common stock and warrants to purchase up to an aggregate of 14,028,520 shares of common stock at a purchase price of $0.85 per share and accompanying warrant in a registered direct offering. The warrants have an exercise price of $0.90 per share, will become exercisable upon the later of (i) the six-month anniversary of the closing date of the offering, and (ii) the date of approval by the Baudax Bio shareholders of an increase in the number of Baudax Bio’s authorized shares of...

Modular Construction Market to Exhibit 6.1% CAGR till 2028; Modular Construction Market to Experience Surging Growth; Rising Industrialization in Developing Countries to Favorably Influence Market Growth: Fortune Business Insights

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Leading manufacturers in the global modular construction market are Guerdon Modular Buildings, Red Sea International Company, Bouygues Construction, VINCI Construction Grands Projects, Skanska AB, Algeco, Katerra, Lendlease Corporation Pune, India, May 31, 2021 (GLOBE NEWSWIRE) — The global modular construction market size is slated for considerable expansion from USD 75.89 billion in 2021 to USD 114.78 billion in 2028 owing to the rising construction activities across the world, finds Fortune Business Insights in its report, titled “Modular Construction Market, 2021-2028”, the modular construction market stood at USD 72.11 billion in 2020. It is set to exhibit a CAGR of 6.1% during the forecast period. Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/modular-construction-market-101662 The...

Red White & Bloom Brands Provides Update on 2020 Audit

Written by Customer Service on June 1, 2021. Posted in Public Companies.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands, provides an update on its 2020 audited and Q1 2021 financial statements: In advance of the year-end audit and Q1 results, the Company will be releasing certain financial and operating highlights tomorrow, June 1, 20211. The Company’s audit firm, MNP LLP (“MNP), has not completed the required audited financial statements for 2020 by the mutually agreed upon deadline of May 31, 2021. MNP was appointed as the Company’s auditor in September 2020.The Company was informed in mid-April that MNP would require additional time to complete the audit due to to the integration of subsidiaries acquired the Company, the complexity of acquisition transactions...

Petrus Announces Update on Credit Facility

Written by Customer Service on June 1, 2021. Posted in Public Companies.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) announces it is working closely with its syndicate of lenders to extend the borrowing base determination date on its senior revolving credit facility agreement from May 31, 2021 to June 14, 2021. It is concurrently working closely with its second lien term loan provider to extend the maturity date of the Company’s term loan from July 31, 2021 to August 16, 2021. The purpose of these two short term extensions is to permit additional time for the Company to finalize further extensions to both the credit facility and term loan. While discussions are ongoing, there is no certainty, nor can the Company provide any assurance that these two short-term extensions and the one-year extension to the credit...

InPlay Oil Corp. Announces Extension of Credit Facility

Written by Customer Service on June 1, 2021. Posted in Public Companies.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the maturity date applicable to and redetermination of the borrowing base under the Company’s Senior Credit Facility has been extended from May 31, 2021 to June 14, 2021. InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide additional time to finalize terms. For further information please feel free to contact:Doug BartolePresident and Chief Executive OfficerInPlay Oil Corp. Telephone: (587) 955-0632 Darren Dittmer Chief Financial Officer InPlay Oil Corp. Telephone: (587) 955-0634

Kuuhubb Reports Fiscal Q3 2021 Financial Results

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company targeting the female audience with bespoke mobile experiences, has reported its unaudited financial results for the three and nine months ended March 31, 2021. The Company’s unaudited consolidated financial statements as at, and for the three and nine months ended March 31, 2021 and related management’s discussion and analysis can be found on the Company’s SEDAR profile at www.sedar.com. The Company’s financial year end is June 30. The information contained in this news release is unaudited. Highlights for the Three and nine Months Ended March 31, 2021:Revenues of US$1,207,400 and US$4,043,054, respectively, on a combined basis for the three and nine months ended March 31, 2021,...

CAPREIT Expands Presence in Strong Montreal Market

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of five apartment buildings spread over two properties located in the west end of Montréal, Quebec aggregating 154 residential suites. CAPREIT paid approximately $30.6 million for the two properties, funded by cash and the assumption of an $18.0 million mortgage with an attractive 1.78% interest rate. Residential occupancy in the portfolio was 95.5% at closing. Both properties have undergone significant exterior and common area renovations, with 51% of the suites upgraded. The first property, a four-building 90-suite multifamily complex at 4080-4140 Côte-Sainte-Catherine, includes nine studio and bachelor suites, 39 one-bedroom and 42 two-bedroom...

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Day: June 1, 2021

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