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Month: June 2021

Valeo Pharma Announces $10.0 Million Bought-Deal Public Offering of Units

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTREAL, June 08, 2021 (GLOBE NEWSWIRE) — Valeo Pharma Inc. (CSE: VPH) (OTCQB: VPHIF) (FSE: VP2) (“Valeo” or the “Company“), a Canadian pharmaceutical company, is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner (the “Lead Underwriter”), on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters has agreed to purchase, on a bought-deal basis, 10,000,000 units of the Company (the “Units”) at a price of $1.00 per Unit for gross proceeds to the Company of $10,000,000 (the “Offering“). Each Unit shall be comprised of one common share of the Company (a “Common Share“)...

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GlobalTranz Acquires TAKTIK Logistics Group, Inc.

PHOENIX, June 08, 2021 (GLOBE NEWSWIRE) — GlobalTranz Enterprises, LLC, a leading third-party logistics solutions provider offering award-winning technology, people-powered customer service, and extensive multimodal carrier relationships, today announced that it acquired TAKTIK Logistics Group, Inc., a Pleasanton California-based freight brokerage and logistics company. The acquisition further solidifies GlobalTranz’s position as a top freight brokerage firm and validates the continued strength of the freight agent business model. TAKTIK is a service-driven logistics solutions company that leverages technology to create successful shipping solutions for its customers. The company has been a GlobalTranz agent since 2014, and the acquisition brings further freight management expertise and best practices that can be leveraged across...

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Proactive news headlines including Marvel Discovery, Tocvan Ventures, Altamira Gold, Water Tower Research and Clean Seed Capital

New York , June 08, 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:Northstar Gold Corp (CSE:NSG) (OTCMKTS:NSGCF) (FRA:3WV) consolidates its ground at Miller gold property with Searles acquisition click here Water Tower Research releases schedule for its ClimateTech & Sustainable Investing Research Fireside Chats for the week of June 7-June 11 click here Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF) set to debut its Binovi Touch Elite at the NATA Virtual Clinical Symposia & AT Expo click here Marvel Discovery Corp (CVE:MARV) (OTCPINK:IMTFF) (FRA:O4T1) acquires 10,250 hectares near Gander, Newfoundland click here BioHarvest Sciences Inc (CSE:BHSC) expects to commercialize its first cannabis-based...

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Messner Reeves LLP Nabs High-Profile Attorneys through Orange County Acquisition

Acquisition includes 11 New Attorneys, 22 Staff in TotalORANGE COUNTY, June 08, 2021 (GLOBE NEWSWIRE) — Messner Reeves LLP, a full-service law firm with offices across the nation, has expanded its presence in California with the acquisition of highly sought-after partners and members of the American Board of Trial Advocates (ABOTA), Andrew S. Hollins and Kathleen Carter, formerly of Ropers Majeski in Orange County.   The practice group acquisition includes 11 attorneys and a total of 22 staff members and represents yet another victory for the growing Messner Reeves firm.  Both attorneys, who have represented a multitude of illustrious, world-renowned clients throughout their careers, will be seated in the Newport Beach office.   “This is a move we’ve been working on for a while as we intentionally...

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Freddie Mac Multifamily Announces Social Bonds Deal Supporting Housing for the Intellectually and Developmentally Disabled

MCLEAN, Va., June 08, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily today announced the issuance of $230 million in Social Bonds supporting 1,267 rental homes across 39 states and the District of Columbia for individuals with intellectual and developmental disabilities. The proceeds from these Social Bonds help address the significant shortage of community-based homes critical to the “deinstitutionalization” of care for individuals with disabilities. The properties provide 4,462 beds, approximately 90% being affordable to people with very low incomes making 50% of the area median income and allow individuals with disabilities to live and work in their communities. “Freddie Mac Multifamily is incredibly proud to announce our first Social Bonds transaction to provide housing for individuals with intellectual and developmental...

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The Financial Supervision Authority applies a penalty payment for the delay in submitting the audited report for the financial year 2020

On 3 May 2021, the Financial Supervision Authority issued a prescription to AS Pro Kapital Grupp for failure to submit the audited report for the financial year 2020 by the deadline. The prescription included a warning until 14 May 2021. As the Company has not yet been able to submit the audited annual report, the Financial Supervision Authority announced on 8 June that it applies the warning penalty payment of 15 000 euros specified in the prescription. At the same time, the Financial Supervision Authority warned that if the first application of a penalty payment does not achieve the required goal, ie Pro Kapital does not comply with the Financial Supervision Authority’s prescription no later than 11 June 2021, the Financial Supervision Authority impose the following penalty payment in the amount of EUR 20 000 and if Pro Kapital...

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Recylex S.A. – Judgment of the Court of Justice of the European Union. Recylex continues the discussions with the European Commission

The Court of Justice of the European Union has rejected the appeal by Recylex S.A. (Euronext Paris: FR0000120388 – RX) against the cartel fine imposed by the European Commission in 2017 for a total amount of €26.7 million. The Company takes note of the judgment of the Court of Justice of the European Union. This procedure was initiated by Recylex S.A. in the context of its appeal against the fine imposed by the European Commission. As indicated in the press release from April 28, 2021, Recylex S.A. recalls that, as part of the restructuring of its debt, the Company has entered into discussions with its main creditors, including the European Commission, with a view to adapting the amount and maturity of this debt to the Company’s ability to pay. These discussions are still ongoing at this date. Recylex S.A. will keep its shareholders...

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The Financial Supervision Authority applies a penalty payment for the delay in submitting the audited report for the financial year 2020

On 3 May 2021, the Financial Supervision Authority issued a prescription to AS Pro Kapital Grupp for failure to submit the audited report for the financial year 2020 by the deadline. The prescription included a warning until 14 May 2021. As the Company has not yet been able to submit the audited annual report, the Financial Supervision Authority announced on 8 June that it applies the warning penalty payment of 15 000 euros specified in the prescription. At the same time, the Financial Supervision Authority warned that if the first application of a penalty payment does not achieve the required goal, ie Pro Kapital does not comply with the Financial Supervision Authority’s prescription no later than 11 June 2021, the Financial Supervision Authority impose the following penalty payment in the amount of EUR 20 000 and if Pro Kapital...

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Major Precious Metals Reports on Special Meeting Results

VANCOUVER, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to announce that it held its special meeting on June 7, 2021. The Company reports that shareholders approved the Company’s Shareholder Rights Plan (see the Company’s news release dated April 27, 2021). On behalf of the Board of Directors MAJOR PRECIOUS METALS CORP. Anthony (Tony) WilliamsChairman and CEOSuite 810 – 789 West Pender StreetVancouver, BC V6C 1H2Ph: 1-877-475-0963info@majorprecious.com About Major Precious Metals Corp. Major Precious Metals is a Canadian junior mining company listed on the Canadian Securities Exchange (“CSE”) and its common shares trade under the ticker symbol “SIZE”. The Company’s flagship project is the Skaergaard...

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MusclePharm Closes $500,000 in Initial Orders for MP Performance Energy Line Through Collective Distributors

CALABASAS, Calif., June 08, 2021 (GLOBE NEWSWIRE) — MusclePharm Corporation (OTCMKTS: MSLP), a global provider of leading sports nutrition & lifestyle branded nutritional supplements, today reported that they have closed $500,000 in initial orders for MP Performance Energy, their new functional energy drink line, through their collective distributors. These orders will ship in summer of 2021. Mr. Ryan Drexler, MusclePharm’s CEO and Chairman of the Board, stated, “I’m very excited to announce that MusclePharm has sold $500,000 in pre-orders. The early reaction to MP Performance Energy has been phenomenal and I look forward to reaching the brand’s full potential.” Mr. Drexler continued, “I’d also like to announce that in honor of reaching this milestone, MusclePharm will donate 2,500 cases of MP Performance Energy to first responders...

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