Month: June 2021

Baudax Bio Announces $11.9 Million Registered Direct Offering

Written by Customer Service on June 1, 2021. Posted in Public Companies.

MALVERN, Pa., May 31, 2021 (GLOBE NEWSWIRE) — Baudax Bio, Inc. (NASDAQ:BXRX), a pharmaceutical company focused on developing and commercializing innovative products for acute care settings, today announced that it has entered into a definitive agreement with certain institutional investors for the purchase and sale of an aggregate of 14,028,520 shares of common stock and warrants to purchase up to an aggregate of 14,028,520 shares of common stock at a purchase price of $0.85 per share and accompanying warrant in a registered direct offering. The warrants have an exercise price of $0.90 per share, will become exercisable upon the later of (i) the six-month anniversary of the closing date of the offering, and (ii) the date of approval by the Baudax Bio shareholders of an increase in the number of Baudax Bio’s authorized shares of...

Modular Construction Market to Exhibit 6.1% CAGR till 2028; Modular Construction Market to Experience Surging Growth; Rising Industrialization in Developing Countries to Favorably Influence Market Growth: Fortune Business Insights

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

Leading manufacturers in the global modular construction market are Guerdon Modular Buildings, Red Sea International Company, Bouygues Construction, VINCI Construction Grands Projects, Skanska AB, Algeco, Katerra, Lendlease Corporation Pune, India, May 31, 2021 (GLOBE NEWSWIRE) — The global modular construction market size is slated for considerable expansion from USD 75.89 billion in 2021 to USD 114.78 billion in 2028 owing to the rising construction activities across the world, finds Fortune Business Insights in its report, titled “Modular Construction Market, 2021-2028”, the modular construction market stood at USD 72.11 billion in 2020. It is set to exhibit a CAGR of 6.1% during the forecast period. Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/modular-construction-market-101662 The...

Red White & Bloom Brands Provides Update on 2020 Audit

Written by Customer Service on June 1, 2021. Posted in Public Companies.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands, provides an update on its 2020 audited and Q1 2021 financial statements: In advance of the year-end audit and Q1 results, the Company will be releasing certain financial and operating highlights tomorrow, June 1, 20211. The Company’s audit firm, MNP LLP (“MNP), has not completed the required audited financial statements for 2020 by the mutually agreed upon deadline of May 31, 2021. MNP was appointed as the Company’s auditor in September 2020.The Company was informed in mid-April that MNP would require additional time to complete the audit due to to the integration of subsidiaries acquired the Company, the complexity of acquisition transactions...

Petrus Announces Update on Credit Facility

Written by Customer Service on June 1, 2021. Posted in Public Companies.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) announces it is working closely with its syndicate of lenders to extend the borrowing base determination date on its senior revolving credit facility agreement from May 31, 2021 to June 14, 2021. It is concurrently working closely with its second lien term loan provider to extend the maturity date of the Company’s term loan from July 31, 2021 to August 16, 2021. The purpose of these two short term extensions is to permit additional time for the Company to finalize further extensions to both the credit facility and term loan. While discussions are ongoing, there is no certainty, nor can the Company provide any assurance that these two short-term extensions and the one-year extension to the credit...

InPlay Oil Corp. Announces Extension of Credit Facility

Written by Customer Service on June 1, 2021. Posted in Public Companies.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the maturity date applicable to and redetermination of the borrowing base under the Company’s Senior Credit Facility has been extended from May 31, 2021 to June 14, 2021. InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide additional time to finalize terms. For further information please feel free to contact:Doug BartolePresident and Chief Executive OfficerInPlay Oil Corp. Telephone: (587) 955-0632 Darren Dittmer Chief Financial Officer InPlay Oil Corp. Telephone: (587) 955-0634

Kuuhubb Reports Fiscal Q3 2021 Financial Results

Written by Customer Service on June 1, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company targeting the female audience with bespoke mobile experiences, has reported its unaudited financial results for the three and nine months ended March 31, 2021. The Company’s unaudited consolidated financial statements as at, and for the three and nine months ended March 31, 2021 and related management’s discussion and analysis can be found on the Company’s SEDAR profile at www.sedar.com. The Company’s financial year end is June 30. The information contained in this news release is unaudited. Highlights for the Three and nine Months Ended March 31, 2021:Revenues of US$1,207,400 and US$4,043,054, respectively, on a combined basis for the three and nine months ended March 31, 2021,...

CAPREIT Expands Presence in Strong Montreal Market

Written by Customer Service on June 1, 2021. Posted in Mergers And Acquisitions.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of five apartment buildings spread over two properties located in the west end of Montréal, Quebec aggregating 154 residential suites. CAPREIT paid approximately $30.6 million for the two properties, funded by cash and the assumption of an $18.0 million mortgage with an attractive 1.78% interest rate. Residential occupancy in the portfolio was 95.5% at closing. Both properties have undergone significant exterior and common area renovations, with 51% of the suites upgraded. The first property, a four-building 90-suite multifamily complex at 4080-4140 Côte-Sainte-Catherine, includes nine studio and bachelor suites, 39 one-bedroom and 42 two-bedroom...

iSIGN Media Announces Receipt of Second Tranche of $100,000 Related to its Previously Announced Private Placement of $400,000

Written by Customer Service on June 1, 2021. Posted in Public Companies.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions announced that it has received the second tranche of $100,000 towards the completion of its previously announced non-brokered offering (“Offering”) for aggregate gross proceeds of $400,000. Under the terms of the Offering the Company will issue 8 million Units at a price of $0.05 per Unit. Each Unit consists of one Common Share of the Company (each a “Common Share” and collectively, the “Common Shares”) and one common share purchase warrant (each warrant referred to herein as a “Warrant” and collectively, the “Warrants”). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.075 for a period...

Questor Technology Inc. Announces Grant of Restricted and Performance Stock Units

Written by Customer Service on June 1, 2021. Posted in Public Companies.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture Exchange: QST), announces that the Board of Directors of the Corporation has approved the granting of Restricted Stock Units (RSU’s) and Performance Stock Units (PSU’s) pursuant to the Company’s PSU and RSU Incentive Plan and compensation policy, dated April 14, 2021 to certain of its officers and employees to acquire up to an aggregate of 450,315 common shares (“common shares”) of the Corporation. Upon the granting of the RSU’s and PSU’s described above, Questor will have 1,329,524 security based compensation awards outstanding, comprised of 603,375 options and 726,149 RSU’s and PSU’s awards granted. The aggregate amount represents 4.8% of the 27,435,120 common shares currently outstanding....

Month: June 2021

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