Day: June 11, 2021
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HALIFAX, Nova Scotia, June 11, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or the “Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce it closed its non-brokered private placement, previously announced on May 31, 2021 and June 3, 2021 (the “Offering”), through the issuance of 7,638,888 common shares (the “Common Shares”) for gross proceeds of CAD$5,499,999.36 on June 11, 2021.
The Common Shares issued pursuant to the Offering are subject to a hold period until October 12, 2021. Insiders of the Company subscribed for an aggregate of 323,112 Common Shares....
MJardin Group, Inc. Provides a Special Committee Update
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DENVER and TORONTO, June 11, 2021 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR) (OTCQX: MJARF) is providing an update on the status of the Special Committee of the Board of Directors (the “Special Committee”) originally announced on April 30, 2021. The Special Committee is now comprised of Anthony Dutton (Chair), Blair Jordan and James Lowe, with Mr. Dutton and Mr. Jordan joining the Special Committee upon being appointed as Directors of the Company on May 26, 2021. Adrian Montgomery will not be standing for re-election to the board of directors at the annual general meeting of shareholders to be held on June 30, 2021 and, accordingly, has stepped down from the Special Committee.
Further, the Special Committee has engaged Restructur Advisors (“RA”) as its strategic advisor to provide the Special...
GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES LAUNCH OF BETA VERSION OF ITS BEYOND BLOCK PAY DIGITAL WALLET
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New York, NY, June 11, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that the beta version of its digital wallet “Beyond Block Pay” should be available on Monday morning, June 14, 2021 to anyone who is interested in establishing a Beyond Block Pay account. The new website address will be announced by the Company on Monday, June 14th..
Through GTII’s agreement with Alt5 Sigma, Inc. (“Alt5”), the Beyond Block Pay digital wallet and the launch of its crypto currency exchange Beyond Blockchain is intended to enable customers to trade cryptocurrencies (such as Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin, Ethereum, and Tether), tokens, FX, commodities (physical gold and silver), and other assets, such as fractionalized interests...
Visionstate Announces Changes to Its Board of Directors
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EDMONTON, Alberta, June 11, 2021 (GLOBE NEWSWIRE) — Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), a company that develops, and invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability, today announces the resignation of two directors, Paul Fairbridge and Debra Williams, effective immediately. Both Paul and Debra have been dedicated and helpful in their roles on the Board of Directors for the Company for many years prior to their decision to step away due to personal reasons.
Paul Fairbridge helped guide the Company through some very challenging years. Now that the Company is sufficiently financed and profitable, Paul is comfortable to leave his job as Chairman of Visionstate to pursue his objectives of retiring and travelling...
Millennium Investment & Acquisition Company, Inc. Establishes Presence in Oklahoma with a Cannabis Cultivation Facility
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Old Bethpage, New York, June 11, 2021 (GLOBE NEWSWIRE) — Millennium Investment & Acquisition Co. Inc. (US-OTC: MILC) (“MILC” or the “Company”) today announced that it has agreed to invest in a newly formed cannabis operator – VinCann LLC (“VC”). As part of the transaction, MILC has agreed to invest $750,000. The investment will take the form of a preferred equity interest that receives a full return of invested capital plus a preferred return of 12.5% after which MILC has a 77.5% ownership stake. The remaining subordinated ownership will be held by the management team of VC.
Concurrent with MILC’s investment, VC entered into a 20-year lease (the “Lease”) for a 9.35 acre plot of land with approximately 40,000 square feet of greenhouse, 3,000 square feet of office space, and 100,000 square feet of fully fenced outdoor...
Harbor Custom Development, Inc. Announces Closing of $30.0 Million Public Offering of Convertible Preferred Shares & Warrants
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Gig Harbor, Washington, June 11, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the closing of its previously announced underwritten public offering (the “Offering”) of 1,200,000 shares of 8.0% Series A Cumulative Convertible Preferred Stock and 4,140,000 warrants to each purchase one share of Common Stock at an exercise price of $5.00, including 540,000 warrants as a result of a partial exercise of the over-allotment option granted to the underwriter.
Harbor Custom Homes® received gross proceeds of $30.0 million from the Offering, prior to deducting underwriting discounts and estimated...
WRAP Demonstrates the BolaWrap® for Miami Police Department, City Commissioners, and Mayor
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MIAMI, June 11, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, conducted a demonstration of the BolaWrap for the Miami Police Department followed by a second demonstration at Miami’s City Hall for the City Commissioners, Miami Mayor Francis Suarez and local media.
At the City Hall demonstration, Mayor Suarez experienced the BolaWrap technology for himself when WRAP Master Instructors deployed the device at the Mayor, successfully double-wrapping his legs.
“We want to be able to apprehend people and bring them to justice, and we want to do it in the most humane manner possible so that one ounce of unnecessary force isn’t used,” said Mayor Suarez.
Footage of Mayor Suarez being wrapped can be viewed...
DAVIDsTEA Announces First Quarter Fiscal 2021 Earnings Webcast
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MONTREAL, June 11, 2021 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (Nasdaq:DTEA) today announced that its financial results for the first quarter of Fiscal 2021 will be released after markets close on June 15, 2021. The Company will host a webcast at 4:30 p.m. Eastern Time to discuss the financial results.
Details of the webcast
Via the internet at: www.davidstea.com, in the “investor relations” section.
An online archive of the webcast will be available within two hours of the conclusion of the call and will remain available for 30 days.
About DAVIDsTEADAVIDsTEA offers a specialty branded selection of high-quality proprietary loose-leaf teas, pre-packaged teas, tea sachets, tea-related accessories and gifts through its e-commerce platform at www.davidstea.com and the Amazon Marketplace, its wholesale customers which include...
RBAZ Bancorp, Inc. Completes Subordinated Note Offering
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PHOENIX, June 11, 2021 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCPK: RBAZ) (the “Company”), the holding company for Republic Bank of Arizona (the “Bank”), announced that it has completed a private placement of $6.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain institutional accredited investors. The Company will use the proceeds to fund continued organic growth and geographic expansion.
The notes will initially bear a fixed interest rate of 5.00% per annum until June 15, 2026, after which time until maturity on June 15, 2031, or an earlier redemption date, the interest rate will reset quarterly to an annual floating rate equal to 90-day average SOFR plus 425 basis points. The Company may redeem the notes, in whole or in part, after June 15, 2026. Any redemption will be at a redemption...
ABC arbitrage: Report of the Combined General Meeting of June 11, 2021 Final dividend 2020
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ABC arbitrageReport of the Combined General Meeting of June 11, 2021Final dividend 2020Given the exceptional circumstances related to the Coronavirus (Covid-19)1, the Combined General Meeting was held today behind closed doors, without the physical presence of shareholders and chaired by Dominique Ceolin, Chairman and CEO. The Combined General Meeting of ABC arbitrage’s shareholders adopted all the resolutions proposed to it.
Among the resolutions adopted, the Ordinary General Meeting, after approving the company and consolidated financial statements, decided to distribute a balance of €0.18 per ordinary share for fiscal year 2020. Taking into account the payments of €0.10 per share in October and December 2020, plus the interim dividend of €0.10 per share in April 2021, the distributions for fiscal year 2020 amount to €0.48 per...