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Month: June 2021

Baltic Horizon Fund General Meeting of unit-holders

Annual General Meeting of Baltic Horizon Fund investors took place on 1 June 2021 in Tallinn, Estonia.Proposed agenda of the meeting was the following: 1.     Presentation of the FY2020 audited annual report of Baltic Horizon Fund, and interim report of Q1 2021. The agenda of the general meeting did not include any resolutions to be voted on.Fund Manager Tarmo Karotam gave an overview on the agenda topics. The presentation delivered at the meeting is attached. The meeting recording is available here. For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail tarmo.karotam@nh-cap.comwww.baltichorizon.com Baltic Horizon Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Distribution: GlobeNewswire,...

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Grace Completes Acquisition of Fine Chemistry Business

COLUMBIA, Md., June 01, 2021 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE: GRA) today announced the completion of its acquisition of the Fine Chemistry Services business (“FCS”) of Albemarle Corporation (NYSE: ALB) for approximately $570 million, including $300 million paid in cash and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly created Grace subsidiary. “This investment represents an important step forward in Grace’s growth strategy. FCS brings compelling innovation and manufacturing capabilities to our Materials Technologies business, enabling us to better serve our customers with high-value solutions that span every stage of their development cycle,” said Hudson La Force, Grace’s President and Chief Executive Officer. “We are thrilled to welcome the FCS team to Grace...

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TC Transcontinental acquires BGI Retail Inc. and further expands its offering of in-store marketing solutions

MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — TC Transcontinental (TSX: TCL.A TCL.B) announced today the acquisition of BGI Retail Inc., a full service in-store design and solution partner for retailers and global brands. This transaction, which follows the acquisition of Holland & Crosby Limited in October 2019 and Artisan Complete Limited in January 2020, is aligned with TC Transcontinental’s objective to continue growing in the in-store marketing (ISM) vertical, a market with significant opportunities where TC Transcontinental Printing’s ISM Group is already a leading player in Canada. Located in Paris, Ontario, BGI Retail employs 123 people and offers an integrated value proposition focused on in-house design, engineering, manufacturing, installation and management of retail solutions and brand-defining consumer experiences, for...

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Scottie Announces Closing of $7 Million Private Placement of Flow-Through Shares

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. VANCOUVER, British Columbia, June 01, 2021 (GLOBE NEWSWIRE) — Scottie Resources Corp. (TSX.V: SCOT) (“Scottie” or the “Company”) is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an underwriting agreement dated June 1, 2021 (the “Underwriting Agreement”) with Stifel GMP, raising aggregate gross proceeds of C$5,643,000 (the “Brokered Offering”). Stifel GMP acted as sole underwriter pursuant to the terms of the Offering, under which the Company issued 20,900,000 flow-through common shares of the Company (the “FT...

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CytoDyn and Philippine Airlines Work Together to Provide Filipinos with the Best Possible Treatment Options In the Fight Against Covid-19

VANCOUVER, Washington, June 01, 2021 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing Vyrologix™ (leronlimab), a CCR5 antagonist with potential multiple therapeutic indications, announced today a joint collaborative effort with Philippine Airlines as the preferred partner in transporting leronlimab to the Philippines for treatment of critically ill COVID-19 patients. CytoDyn recently provided the Philippines with enough leronlimab to treat 100 patients free of charge, distributed locally by Chiral Pharma Corporation for patients under Compassionate Special Permit (“CSP”). Philippine Airlines (“PAL”) has stepped up to help with one of the main challenges, the long delivery time from the USA to the Philippines. The flag carrier will help transport vials...

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High Wire Networks Wins $1.3 Million Electrical Services Deal for National Commercial Packaging Company’s New Headquarters High Wire Gets Started on 3rd Multimillion Dollar Electrical Project for the Year

BOCA RATON, Fla, June 01, 2021 (GLOBE NEWSWIRE) — Spectrum Global Solutions Inc. (the “Company” or “Spectrum”) (OTCQB: SGSI), announced today that High Wire Networks Inc. (“High Wire”) has been awarded a $1.28M electrical contract for a new 170,000-square-foot production facility and office in Southern Wisconsin, centralized between the Chicago and Milwaukee metro areas. As previously announced, High Wire has agreed to go public through a merger with Spectrum Global Solutions Inc. (OTCQB:SGSI). While the closing of the merger has been delayed, as the Company awaits PPP loan forgiveness from the SBA, the profits from this contract and other High Wire business will be reflected in the Spectrum public filings going forward as part of the two companies’ previously announced management agreement. High Wire will install 1,100 light...

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Nuvei Announces Filing of Amended and Restated Base Shelf Prospectus

MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U) today announces that it has filed and obtained a receipt for its amended and restated short form base shelf prospectus (the “Amended and Restated Prospectus”) amending and restating its short form base shelf prospectus dated December 7, 2020 (the “Original Prospectus”) with the securities commissions in each of the provinces and territories of Canada. The Amended and Restated Prospectus, among other things, increases the amount available under the Original Prospectus by US$950,000,000. The filing of the Amended and Restated Prospectus allows Nuvei and certain of its security holders to distribute by way of prospectus up to US$1,800,000,000 of subordinate voting shares, preferred shares, debt securities, warrants, subscription...

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Nemaska Lithium achieves a key strategic milestone by securing a chemical conversion facility site at the Industrial Park and Port of Bécancour

MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — Nemaska Lithium Inc. (“Nemaska Lithium” or “Company”) announces that it has entered into an option agreement to purchase a 500,000m² plot of land in the Industrial park and port of Bécancour (“Bécancour”) to construct and operate its chemical conversion facility (“Conversion Facility”). The Conversion Facility will form part of an integrated project to market solution with Nemaska Lithium’s Whabouchi mine to produce battery grade lithium hydroxide. The selection of the Bécancour site comes at the end of a rigorous analysis by Nemaska Lithium to identify the best location for the Conversion Facility. The conclusion from the analysis found that the construction and operation of the Conversion Plant in Bécancour offers the following advantages:provides direct access to a year-round deep-water...

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CarLotz Plants Roots in the Rockies

CarLotz DenverCarLotz to open in Denver.Consignment-to-Retail Auto Company Plans First Colorado Hub RICHMOND, Va., June 01, 2021 (GLOBE NEWSWIRE) — CarLotz (NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today it will open a hub in Denver, Colorado. Located at 8120 West Tufts Avenue in Denver, the hub is the first for CarLotz in Colorado and in the Rockies. It is expected to open later this year. “Anticipation around this hub has been building and we are so excited to bring our unique consignment-to-retail model to the Mile-High city,” said Michael Bor, Co-Founder and CEO of CarLotz. “Coupled with the announcement of our exciting entry into St. Louis, we are continuing to expand across the country and into the Southern Rockies. It feels like we simply can’t grow fast...

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LAKE GILES ULARRING DSO UPDATE: Macarthur to trial integration of hydrogen power under Strategic Agreement with LAVO

FiguresLAVO 40 kWh Hydrogen Battery and System Diagram, planned for installation at UlarringFigureLAVO 13 MWh ‘HEOS’ Hydrogen Energy Operation System (under development) and potentially delivering energy at a commercial scaleVANCOUVER, British Columbia, June 01, 2021 (GLOBE NEWSWIRE) — Macarthur Minerals Limited (ASX: MIO) (TSX-V: MMS) (OTCQB: MMSDF) (the “Company” or “Macarthur”) is pleased to announce that it has signed a Strategic Partnership and Collaboration Agreement (“Agreement”) with LAVO Hydrogen Technology Holding Pty Ltd (“LAVO”) to investigate the facilitation of a staged technology solution that is intended to deliver a clear carbon reduction strategy for Macarthur’s flagship Lake Giles Iron Project (“Project”) in the Yilgarn region of Western Australia, with a first phased roll-out...

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