Day: June 24, 2021
SAN FRANCISCO, June 24, 2021 (GLOBE NEWSWIRE) — Shift (NASDAQ: SFT), a leading end-to-end auto ecommerce platform that is transforming the used car industry with a technology-driven, hassle-free customer experience, today announced the appointment of Jason Curtis as Chief Accounting Officer.
In this newly created role, Curtis will be responsible for all accounting and SEC reporting functions. Curtis’s extensive public company finance and accounting experience in the retail industry will support Shift’s rapid growth. Most recently, he served as CFO of Boscov’s, a family owned department store chain. Previously, he was CFO of Stage Stores, a public company where he also held various senior finance and accounting roles and worked closely with Shift’s CFO Oded Shein.
“We are excited to welcome Jason as our first Chief Accounting Officer,”...
3D PIONEER SYSTEMS INC- DPSM acquires Australian Data Centre, Host Group of Companies Pty Ltd
Written by Customer Service on . Posted in Public Companies.
Melbourne, Australia, June 24, 2021 (GLOBE NEWSWIRE) — 3D Pioneer Systems Inc., (DPSM) (OTC PINK: DPSM), (the “Company”) today announced that on June 23, 2021 it has executed a definitive agreement to acquire all the issued and outstanding shares of Host Group of Companies Pty Ltd (Host Networks), an Australian data centre and hosting service based in Brisbane.
Under the agreement, DPSM has acquired 100% of Host Networks’ outstanding shares for AUD 3,500,000 approximately USD 2,640,000. 3D Pioneer Systems Inc will issue 3,771,429 of its shares to the registered owners of Host Networks.
James Kennett, Director of Host Networks, said “We are pleased to have entered into this agreement with DPSM. The dramatic increase in demand for data storage and security since COVID 19 commenced has seen our business, along with our...
Liquid Media CEO Showcases Transformational Business Solutions Strategy for Independent IP Creators
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Ronald ThomsonCEO, Liquid Media GroupVANCOUVER, British Columbia, June 24, 2021 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (the “Company,” “Liquid Media” or “Liquid”) (Nasdaq: YVR), a business solutions company empowering independent intellectual property (IP) creators to package, finance, deliver and monetize their professional video IP globally, today released a letter to shareholders from CEO Ronald Thomson. The complete letter follows:
Dear Shareholders of Liquid Media Group,
The start of 2021 has been extremely productive for Liquid. As the media and entertainment markets continue to evolve globally, we see incredible opportunities to scale our business and support creators to generate sustainable success.
Over the past year, consumers have been craving and consuming high-quality video content more than ever...
Rover Announces Closing of $0.10 Unit Financing
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VANCOUVER, British Columbia, June 24, 2021 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (“Rover” or the “Company”) further to its release of June 1, 2021, announcing its First Closing, Rover is pleased to announce that is has raised a total of $2,425,000.00 under its non-brokered $0.10 Unit Financing. A total of 24,250,000 units have been issued in connection with this financing. Each Unit is comprised of one common share and one common share purchase warrant. Further to the June 1st First Closing, the Company has raised $1,378,700.00 under this Second and Final Closing (the “Second Units”). Each Second Unit is priced at $0.10 and is comprised of one common share and one common share purchase warrant. The Second Warrants have an exercise price of $0.15 per warrant share, and a life of two years. The Company...
Silver Mountain Mines Inc. Completes RTO to Become NevGold Corp. and Closes C$6.3M Financing
Written by Customer Service on . Posted in Mergers And Acquisitions.
CALGARY, Alberta, June 24, 2021 (GLOBE NEWSWIRE) — Silver Mountain Mines Inc. (the “Company”) (TSXV), announces that it has completed the acquisition (the “Transaction”) of the privately held NevGold Corp. (“NevGold”). In accordance with the terms of the Transaction, NevGold has amalgamated with a wholly-owned subsidiary of the Company, 1288412 BC Ltd., pursuant to the terms of a definitive amalgamation agreement dated February 17, 2021, as amended, among NevGold, the Company and 1288412 BC Ltd., and the Company has changed its name to “NevGold Corp.” (the “Name Change”). The Transaction constitutes a reverse take-over of the Company pursuant to the policies of the TSX Venture Exchange (the “Exchange”). The common shares of the Company are expected to recommence trading on the Exchange at the opening of the markets on June 28,...
Perpetual Industries Outlines Unique Offering Planned for the Car Collection Community – Strengthening Its Portfolio by Including Worldwide Auctioneers and AutoGrafic Software System Designed to Provide Auto Collectors, Enthusiasts, Restorers and Lovers with an Interactive and Connected Experience
Written by Customer Service on . Posted in Mergers And Acquisitions.
PRPI completes two acquisitions to create synergistic offering for auto collectors, enthusiasts, restorers and lovers.
Plan brings much-needed technology, innovation to collector car industry.
AutoGrafic offers a suite of tools ideally suited to the complex and robust collector car world.AUBURN, Ind., June 24, 2021 (GLOBE NEWSWIRE) — via InvestorWire — In a strategic move to strengthen its portfolio, including its recently acquired Worldwide Auctioneers, as well as team leadership, Perpetual Industries Inc. (OTC: PRPI) completed its acquisition of the AutoGrafic Software System earlier this year (https://ibn.fm/PcJiX). PRPI is looking to create a unique offering in the world of collector cars by bringing Worldwide Auctioneers and the AutoGrafic Software System together in a synergistic offering designed to provide auto...
ZICIX Corp. Appoints Dr. Ramiro Jordan as President
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Carson City, Nevada, June 24, 2021 (GLOBE NEWSWIRE) — The ZICIX Corporation Board of Directors (OTC Pink: ZICX) is pleased to officially announce the appointment of Dr. Ramiro Jordan, of Albuquerque, New Mexico. Dr. Jordan is a highly esteemed engineer and advocate for eco- friendly technology and advancement.
Throughout Dr. Jordan’s storied career, he has served in many roles for many different organizations such as the United Nations, Hispanic Chamber of Commerce, University of New Mexico, Ibero-American Science & Technology Education Consortium (ISTEC), and the International Federation of Engineering Education Societies (IFEES). With over twenty-six years of experience creating and leading STEM education, in addition to developing entrepreneurial organizations and activities in Ibero-America, Dr. Jordan is more than capable...
Portman Ridge Finance Corporation Closes Private Placement of $28 Million of 4.875% Senior Unsecured Notes due 2026
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NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”), a business development company, today announced that on June 23, 2021, it closed a private placement of $28.0 million in aggregate principal amount of 4.875% senior unsecured notes due 2026 (the “Notes”). The Notes have identical terms to the Company’s $80.0 of aggregate principal amount of 4.875% Notes due 2026 that were issued on April 30, 2021. The net proceeds to the Company were approximately $27.4 million, after deducting payment of fees and estimated offering expenses.
The Notes bear an interest rate of 4.875% per year, payable semiannually and will mature on April 30, 2026 and may be repaid in whole or in part, at Portman Ridge’s option, at any time or from time to time at par plus a “make-whole”...
Staffing 360 Solutions Announces Improved Anticipated Q2 Financial Results
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Receives Forgiveness of $10 Million PPP Loan – Expects Positive Net Income in Q2
NEW YORK, June 24, 2021 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (Nasdaq: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced improved anticipated Q2 financial results.
Estimated 20% Growth in Q2Based on the strength of increasing business flow in all three of its Business Streams for the eleven weeks through the middle of June, the Company anticipates reporting for the second quarter ending July 3, 2021:Approximately 20% year-over-year growth in revenue (27% growth excluding the business disposed of in September), and
Approximately 20% growth in gross profit in Q2 (about 38% growth excluding the business...
Biomerica Signs Exclusive Distribution Agreement in Canada for its New and Proprietary Helicobacter Pylori (H. pylori) Test, hp+detect™
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Prevalence of H. pylori infection in the United States is approximately 35% to 40% of the populationIRVINE, Calif., June 24, 2021 (GLOBE NEWSWIRE) — Biomerica Inc. (NASDAQ: BMRA) today announced that it has signed an exclusive five-year distribution agreement with a Canadian partner for the distribution and marketing of Biomerica’s new and proprietary Helicobacter pylori test, called hp+detect™. The hp+detect™ product has been developed for the identification and monitoring of H. pylori infection, the leading cause of duodenal and gastric ulcers, and a contributing risk factor associated with gastric cancer. Physicians and medical centers can use hp+detect™ to diagnose the presence of H. pylori and to monitor the efficacy of treatment.
In order to sell the product in Canada, Biomerica’s distribution partner will now seek Health...