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Month: June 2021

CF Energy Received Credit Facility from China Everbright Bank

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the ”PRC” or “China”), is pleased to announce that one of the wholly-owned subsidiaries of the Company has received the approval for a credit facility of RMB50 million (approx. CAD$9.5 million) (the “Credit Facility”) from China Everbright Bank, Sanya Branch, Hainan province, the PRC (“CEB”) for a period of one year, renewable at the request of the Borrower, subject to credit reassessment and approval by CEB. The Credit Facility, which is guaranteed by another wholly-owned subsidiary of the Company, is for working capital purposes and charges and fees are be determined and agreed upon each drawdown up to the overall...

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Northview Canadian High Yield Residential Fund Announces June Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (the “Fund”) today announced its June 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on July 15, 2021 to holders of Units of record at June 30, 2021. The distribution amounts will be as follows:C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis; C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis; C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis;About Northview Canadian High Yield Residential Fund The Fund is a “closed-end fund”...

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Peyto Exploration & Development Corp. Confirms Dividends for July 15, 2021

CALGARY, Alberta, June 15, 2021 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the quarterly dividend with respect to second quarter of $0.01 per common share is to be paid on July 15, 2021, for shareholders of record on June 30, 2021. The ex-dividend date is June 29, 2021. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes the President’s monthly report, which discusses various topics chosen by the President and includes estimates of monthly capital expenditures and production. For further information please...

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CAPREIT Announces June 2021 Distribution

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its June 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The June distribution will be payable on July 15, 2021 to Unitholders of record on June 30, 2021. To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in, and manages, approximately 68,600 residential apartment suites, townhomes and manufactured housing community sites well-located across...

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PowerBand Announces Up to $12M Brokered Private Placement Offering to Accelerate Growth and Launch Online Marketplace

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) (“PowerBand“, “PBX” or the “Company”), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is pleased to announce that it has entered into an agreement with Desjardins Capital Markets and Scotiabank, acting as co-bookrunners and co-leads (the “Agents”), whereby the Agents have agreed to sell, on a best efforts private placement basis up to 17,647,100 common shares of the Company (the “Offered Shares”) at a price of $0.68 per Offered Share for gross proceeds of up to $12,000,028 (the “Offering”). The Company has granted the Agents an option,...

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SAVE THE DATE: NOVAGOLD 2021 Second Quarter Financial Results Release, Conference Call and Video Webcast

VANCOUVER, British Columbia, June 15, 2021 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2021 second quarter financial results after market close on June 29, 2021. A conference call and video webcast to discuss these results will take place June 30, 2021 at 8:00 am PT (11:00 am ET). During the webcast, NOVAGOLD’s President and Chief Executive Officer, Greg Lang, and Chief Financial Officer, David Ottewell, will provide a summary of the company’s second quarter financial results and an update on the Donlin Gold project. NOVAGOLD’s Chairman Dr. Thomas Kaplan will follow with closing remarks and will also be available on the Q&A portion of the call. Questions may be submitted prior to the call at info@novagold.com. There will also be an opportunity to ask questions during the webcast following...

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OmniCable Completes Acquisition of Houston Wire & Cable Company

HOUSTON and WEST CHESTER, Pa., June 15, 2021 (GLOBE NEWSWIRE) — Houston Wire & Cable Company (NASDAQ: HWCC) (HWCC) and Omni Cable, LLC (OmniCable) today announced that the acquisition of HWCC by OmniCable has been completed, following approval of the transaction by HWCC stockholders at a special meeting earlier today. The transaction was announced on March 25, 2021. Under the terms of the merger agreement, HWCC stockholders will receive $5.30 in cash for each share of HWCC common stock they hold. As a result of the completion of the merger, HWCC common stock will be removed from listing on the Nasdaq Global Market, and Nasdaq will suspend trading in HWCC shares as of the close of business today. The combined company results in a national wire and cable redistribution industry leader that will maximize OmniCable’s and HWCC’s...

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WeCommerce Announces $30 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VICTORIA, British Columbia, June 15, 2021 (GLOBE NEWSWIRE) — WeCommerce Holdings Ltd. (TSXV:WE) (“WeCommerce” or the “Company”), is pleased to announce that the Company has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. and Canaccord Genuity Corp. (the “Joint Bookrunners” and collectively the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, in aggregate, 2,500,000 common shares (the “Shares”) of WeCommerce, at a price of $12.00 per Share (the “Offering Price”) and offer them to the public by way of short form prospectus for total gross proceeds of approximately $30 million (the “Offering”). In addition, the Company has also granted the Underwriters an over‐allotment...

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PT Asia Vision Network announces Confidential Submission of Draft Registration Statement to the U.S. Securities and Exchange Commission (“SEC”) with respect to proposed business combination with Malacca Straits Acquisition Company

NEW YORK, June 15, 2021 (GLOBE NEWSWIRE) — PT Asia Vision Network (“AVN”), a wholly owned subsidiary of PT MNC Vision Networks Tbk (“IPTV” or “the Company”) has submitted a confidential draft of a Registration Statement on Form F-4 to the U.S. Securities and Exchange Commission with respect to its proposed business combination with Malacca Straits Acquisition Company (NASDAQ: MLAC) (“MLAC”). AVN is the holding company for PT MNC OTT Network (trading as “Vision+”) and PT MNC Kabel Mediacom (trading as “MNC Play”). The business combination is subject to customary closing conditions, including the approval of MLAC’s shareholders, and is expected to be consummated in Q3-2021. Upon the closing of the business combination, AVN is expected to be listed on NASDAQ as a new Indonesian US-listed holding company. Ade Tjendra, President Director...

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Manutan Group : First Half 2020/2021 ended March 31st , 2021: Continuing growth in turnover and strong improvements in results

Financial notice of June 15th, 2021 First Half 2020/2021 ended March 31st, 2021: Continuing growth in turnover and strong improvements in results    In millions of euros     H12020/2021     H12019/2020     Variation  Turnover 393.4 376.2 +4.6%Current operating profit 27.5 24.3 +13.3%Operating profit 27.5 23.1 +18.9%Net income 19.9 15.6 +27.9%The dynamic growth continued throughout the half-year:  At the end of March 2021, the Group recorded a growth of + 4.6% compared to March 2020, in line with the performance observed since May 2020. This growth in the first half of fiscal year 2020/2021 is driven by all zones and divisions, except for the East zone (due to an unfavorable base effect linked in particular to significant sales of COVID-19 products over the previous financial year). Operating profitability up sharply by...

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