Bondholders plan to waive the temporary financial covenant failure and have signed a standstill letter

Written by Customer Service on June 10, 2021. Posted in Public Companies.

AS Pro Kapital Grupp (the “Company”) has published interim report of the 1st quarter 2021, in which it has written-off receivables from its subsidiary AS Tallinna Moekombinaat (“TMK”) as a result of TMK’s bankruptcy proceedings. The Company is, due to this, in temporary failure to meet its financial covenants (the “Covenant Failure”) under its senior secured callable fixed rate bonds 2020/2024 with ISIN SE0013801172 (the “Bonds”). The Estonian Supreme Court’s decision dated 26 April 2021 has led to a termination of TMK’s reorganisation proceedings and the start of bankruptcy proceedings regarding TMK. As a result, a retroactive write-off of TMK’s direct parent company’s, AS Pro Kapital Eesti, receivables in TMK as of 31 December 2020 took place, which in turn led the Company to a situation where it has been in breach of its special undertaking...

Urbana Corporation Announces Further Social Distancing Preparations for its Upcoming Annual Shareholders Meeting

Written by Customer Service on June 10, 2021. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, June 10, 2021 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A) In connection with its June 16, 2021 annual general meeting of shareholders, Urbana is closely monitoring Ontario’s COVID-19 social distancing rules and its re-opening plan. Urbana intends to comply with social distancing rules in effect at the time of the meeting. In-person meeting attendance will be granted to shareholders on a first-come first-served basis up to the limit then permitted by law. To accommodate possible social distancing limits on in-person attendance in the meeting room, additional overflow rooms have been reserved at the meeting venue which will have audio and video connections to the main meeting room. It remains possible that not all shareholders...

H&R Block Announces New Global Consumer Tax Leadership to Drive Enhanced Client Experiences

Written by Customer Service on June 10, 2021. Posted in Public Companies.

KANSAS CITY, Mo., June 10, 2021 (GLOBE NEWSWIRE) — Following the recent restructuring of the company, today H&R Block (NYSE: HRB) announces changes to its Global Consumer Tax leadership team. These leaders will remain focused on driving growth as it creates enhanced tax experiences and flexible service options for more clients. Karen Orosco named President, Global Consumer Tax and Service DeliveryKaren Orosco, has been named president, global consumer tax and service delivery, where she will drive the growth of Global Consumer Tax. This includes leadership of more than 12,000 company- and franchise-owned tax offices in the United States, Canada, and Australia, the organization’s do-it-yourself (DIY) tax solutions, end-to-end tax pro experience management, tax transformation, and a consumer tax products and support team. Orosco...

H&R Block Builds on Momentum to Accelerate its Transformation Strategy, Block Horizons 2025

Written by Customer Service on June 10, 2021. Posted in Public Companies.

Company announces changes across the organization; aligns business with three strategic imperatives KANSAS CITY, Mo., June 10, 2021 (GLOBE NEWSWIRE) — Following strong performance in the 2021 tax season, with its largest market share gains in more than a decade, H&R Block (NYSE: HRB) is announcing changes across the company to build upon the momentum and accelerate its transformation strategy, Block Horizons 2025. “This past tax season, people turned to H&R Block for expertise and care that we deliver through digital solutions and human help,” said Jeff Jones, president and CEO of H&R Block. “Our results demonstrate that what we’re creating through our Block Horizons transformation strategy is resonating with consumers and small business owners. The new changes being announced today will continue to enhance what...

Proactive news headlines Amarillo Gold, Deep South Resources, Harvest One and Green Battery Minerals

Written by Customer Service on June 10, 2021. Posted in Mergers And Acquisitions.

New York , June 10, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Lingo Media Corporation (CVE:LM) (OTCMKTS:LMDCF) (FRA:LIMA) subsidiary ELL Technologies to be rebranded as Everybody Loves Languages click here Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF) seeing success with its vision technology products at the John McEnroe Tennis Academy click here Amarillo Gold Corporation (CVE:AGC) (OTCQB:AGCBF) acquires additional exploration concession for its Lavras do Sul Project in Brazil click here Playgon Games’ Inc (CVE:DEAL) (OTCQB:PLGNF) (FRA:7CR) Vegas Lounge live dealer casino draws in thousands of visitors in its first month click here Esports Entertainment Group Inc (NASDAQ:GMBL) says its Helix...

Prothena to Participate in JMP Securities Life Sciences Conference on June 16

Written by Customer Service on June 10, 2021. Posted in Public Companies.

DUBLIN, Ireland, June 10, 2021 (GLOBE NEWSWIRE) — Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, today announced that members of its senior management team will participate in a fireside chat at the JMP Securities Life Sciences Conference on Wednesday, June 16 at 3:00 PM ET A live webcast of the fireside chat can be accessed through the investor relations section of the Company’s website at www.prothena.com. Following the live presentation, a replay of the webcast will be available on the Company’s website for at least 90 days following the presentation date. About Prothena Prothena Corporation plc is a late-stage clinical company with a robust pipeline of novel investigational therapeutics, built...

ALKM – Alkame Jarred Blueberries Production Expected To Generate Significant Revenue

Written by Customer Service on June 10, 2021. Posted in Public Companies.

Las Vegas, Nevada , June 10, 2021 (GLOBE NEWSWIRE) — Alkame Holdings, Inc. (OTC PINK: ALKM), a publicly traded health and wellness technology holding company, is pleased to announce that its wholly owned subsidiary, Bell Food and Beverage, Inc. continues its Production Commitment to Pacific Flavors International Inc., a leading international food supplier and exporter of Oregon Blueberries over the coming weeks. This order for 270,000 units is expected to generate significant revenue for the Company. Pacific Flavors showcases the company’s versatility and broad spectrum of capabilities and handles Oregon Blueberries at approximately 50,000 pounds of blueberries daily and packs at speeds up to 108 jars per minute, equating to as many as 60 pallets per shift. For 20 years, Pacific Flavors, Inc. has been successfully showcasing...

Akoya Announces Publication of New Immunotherapy Biomarker Signature in Science, Leveraging Principles of Astronomy and Pathology

Written by Customer Service on June 10, 2021. Posted in Public Companies.

Astronomy Meets Pathology for Immunotherapy Research The Johns Hopkins AstroPath™ team used Akoya’s Phenoptics technology to image tumor tissue samples and analyzed spatial interactions between tumor and immune cells using astronomy algorithms. Lung Cancer Whole Tissue Phenoptics Image Akoya’s Phenoptics™ platform captures high resolution images of whole tumor sections from patients, enabling researchers to study the spatial biology of the sample – i.e., how tumor and immune cells interact within the tumor microenvironment and influence response to immunotherapy. Different colors represent different cell types and biomarkers. The white box represents a zoomed in area for deeper microscopic analysis. Lung Cancer Zoomed In Phenoptics Image The zoomed in area from image 1 allows a deeper analysis...

SCOR and Covéa announce the signing of a settlement agreement

Written by Customer Service on June 10, 2021. Posted in Public Companies.

SCOR and Covéa announce the signingof a settlement agreement Covéa and SCOR wish to restore peaceful relations, based on professionalism and in keeping with their respective independence. These two major players in the insurance and reinsurance industry in France have decided to renew the relationship based on trust and mutual support that they enjoyed for many years. The ACPR, whose vice-chairman is Jean-Paul Faugère, has asked that the dialogue between Covéa and SCOR be re-established and lead to a binding agreement formalized by the signature of a settlement agreement. The purpose of this settlement agreement, which was drawn up under his aegis and implies no admission of liability on either side, is to create the conditions for a return to a mutually beneficial relationship over the long term. Covéa and SCOR firmly believe that...

WISeKey and MINES Saint-Etienne Research Institute Collaborate to Secure Post-Quantum Economy

Written by Customer Service on June 10, 2021. Posted in Public Companies.

WISeKey and MINES Saint-Etienne Research Institute Collaborate to Secure Post-Quantum Economy While quantum computing offers endless perspectives to incredibly increase computing power, hackers will take advantage of this technology to crack cryptography algorithms, corrupt cybersecurity and compromise global economy. WISeKey and MINES Saint-Etienne Research Institute team up to find new post-quantum resistant algorithms. Meyreuil & Gardanne, France – June 10, 2021: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, and MINES Saint-Etienne Research Institute (“MINES Saint-Etienne”), an internationally renowned multidisciplinary university and labs created in 1816, today announced they are starting a new R&D cooperation to help the international community find...

Day: June 10, 2021

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