Month: June 2021
Glass Lewis and Institutional Shareholder Services recommend that MYM shareholders vote FOR Transaction with IMCC
Over 90% of committed and tallied common shares are being voted in favour of the Transaction
VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — MYM Nutraceuticals Inc., (CSE: MYM) (OTCBB: MYMMF) (“MYM” or the “Company”) is pleased to announce that both Glass, Lewis & Co. (“Glass Lewis”) and Institutional Shareholder Services Inc. (“ISS”), the two leading independent proxy advisory firms that provide voting recommendations to shareholders, have each issued positive reviews of the proposed acquisition of MYM by IM Cannabis Corp. (“IMCC”) announced on April 1, 2021 (the “Transaction”). Both Glass Lewis and ISS recommend that MYM shareholders vote in favour of the resolution to be voted on at the special...
StorageVault Announces $50 Million Bought Deal Offering of 5.50% Senior Unsecured Hybrid Debentures
Written by Customer Service on . Posted in Public Companies.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by Scotiabank and CIBC Capital Markets as Joint Bookrunners, under which the Underwriters have agreed to purchase $50 million aggregate principal amount of listed senior unsecured hybrid debentures due September 30, 2026 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). StorageVault has also granted the underwriters an option to purchase up to an additional $7.5 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, for a period of 30 days...
Avalon GloboCare CEO Provides Letter to Update Shareholders About Acquisition of SenlangBio
Written by Customer Service on . Posted in Mergers And Acquisitions.
Previously Announced Execution of Definitive Agreement to Acquire SenlangBio
SenlangBio Generated Revenue of USD $1.2 Million for the Three Months Ended March 31, 2021 and Projects $5 Million to $7 Million in Revenue for the Full Year 2021
USD $30 Million of Committed Capital for SenlangBio from an Institutional Healthcare Investor
This Transformative Acquisition is Expected to Significantly Contribute to Growth and Development of Avalon
FREEHOLD, N.J., June 28, 2021 (GLOBE NEWSWIRE) — Avalon GloboCare Corp. (NASDAQ: AVCO) (“Avalon” or “the Company”), a clinical-stage global developer of innovative and transformative cell-based technologies and therapeutics, today provided the following letter to shareholders from its President and Chief Executive Officer, David Jin, M.D., Ph.D.:
“We recently entered into a definitive purchase...
Sdiptech’s divestment of Aufzüge Friedl completed
Written by Customer Service on . Posted in Public Companies.
Press release28 June 2021, 15:00
Sdiptech’s divestment of Aufzüge Friedl completed
On 14 May 2021, Sdiptech AB (publ) announced that the company had entered into an agreement to divest its elevator operations in Austria, consisting of Aufzüge Friedl GmbH and ST Lift GmbH (together Aufzüge Friedl) to founder and minority owner Jürgen Friedl. The divestment is now completed. In accordance with what has previously been communicated, the purchase price for Sdiptech’s shareholding of 51 percent amounts to EUR 6 million on a cash and debt-free basis.
Sdiptech’s Austrian elevator business Aufzüge Friedl specialises in the renovation, modernisation and service of elevators in Vienna. The business units are part of Sdiptech’s business area Property Technical Services and currently have annual sales of approximately EUR 8...
Capital Power’s commitment to sustainability and net carbon neutrality underscored through membership in Powering Past Coal Alliance
Written by Customer Service on . Posted in Public Companies.
EDMONTON, Alberta, June 28, 2021 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today it has joined the Powering Past Coal Alliance, a coalition of national and sub-national governments, businesses and organizations, co-chaired by the UK and Canadian governments, committed to advancing the transition away from traditional coal generation and accelerating the transition to clean energy. Capital Power’s commitment to being net carbon neutral by 2050 is a key driver of its strategy as the Company advances its clean energy goals by investing in world-leading optimization, efficiency and emissions reduction solutions – helping Canada to meet its climate goals and providing reliable, affordable and sustainable electricity integral to Alberta’s and Canada’s energy future.
As part of...
AMD Leads High Performance Computing Towards Exascale and Beyond
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— Adoption of AMD EPYC processors in Top500 list of world’s fastest supercomputers accelerates; number of AMD-powered systems doubles since November and EPYC processors power half of the newly ranked systems —
— AMD EPYC™ processors and AMD Instinct™ accelerators enabling engineering breakthroughs and powering research addressing the world’s most complex scientific challenges —
SANTA CLARA, Calif., June 28, 2021 (GLOBE NEWSWIRE) — At this year’s International Supercomputing 2021 digital event, AMD (NASDAQ: AMD) is showcasing momentum for its AMD EPYC™ processors and AMD Instinct™ accelerators across the High Performance Computing (HPC) industry. The company also outlined updates to the ROCm™ open software platform and introduced the AMD Instinct™ Education and Research (AIER) initiative. The latest Top500 list showcased the continued...
Verisk LightSpeed Accelerator Added to Guidewire Marketplace Enabling Personal Auto Insurers to Transform Customer Experiences
Written by Customer Service on . Posted in Public Companies.
Quality data and superior workflow drive one-rate quoting in seconds
JERSEY CITY, N.J., June 28, 2021 (GLOBE NEWSWIRE) — As the pandemic has raised consumers’ digital expectations, personal auto insurers now have an easier way to bring faster, single-step, point-of-quote experiences to many shoppers — in two minutes or less. Verisk (Nasdaq:VRSK), a leading global data analytics provider, and Guidewire, the platform Property/casualty insurers trust to engage, innovate, and grow efficiently, have added LightSpeed® Personal Auto to the Ready for Guidewire-validated accelerators available from Verisk in the Guidewire Marketplace.
This Ready for Guidewire-validated accelerator uses data resources and predictive analytics to give insurers real-time prefill data on drivers, vehicles, coverages, licensing, violations and losses. The raw...
AnalytixInsight Inc. Announces Closing of Overnight Marketed Equity Offering
Written by Customer Service on . Posted in Public Companies.
Not for distribution to U.S. news wire services or dissemination in the United States
TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — AnalytixInsight Inc. (“AnalytixInsight” or the “Company”) (TSXV: ALY) is pleased to announce the closing of its previously-announced overnight marketed public offering (the “Offering”), pursuant to which it issued 13,225,000 units of AnalytixInsight (the “Units”), at a price of $0.70 per Unit (“Issue Price”) for aggregate gross proceeds of $9,257,500, which includes 1,725,000 Units issued at the Issue Price upon full exercise of the over-allotment option. The Units were offered by way of a short form prospectus dated June 22, 2021 filed in each of the provinces of Canada (other than Quebec) (the “Prospectus”).
Each Unit consists of one common share of AnalytixInsight (a “Common Share”) and one-half of...
Arena Minerals Receives Centaur Shareholder Approval to Close Acquisition of Sal de la Puna Lithium Brine Project in Pastos Grandes Salar, Salta, Argentina
Written by Customer Service on . Posted in Mergers And Acquisitions.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) is pleased to announce that the Company has received notification from Centaur Resources (“Centaur”) of shareholder approval with respect to the sale and purchase of its wholly owned subsidiary, Centaur Resources Holding Pty Ltd, which indirectly owns 100% of the Sal de la Puna lithium brine project (“Sal de la Puna”, or the “Project”), covering 11,000 hectares of the Pastos Grandes basin in Argentina. This shareholder approval, along with completion of due diligence by the Company, is the primary condition precedent to the closing of the previously announced share...
ME2C Environmental Eliminates $2.6M of Convertible Debt
Written by Customer Service on . Posted in Public Companies.
Noteholder Conversion Significantly Improves Debt Profile & Stockholders’ Equity
CORSICANA, TX, June 28, 2021 (GLOBE NEWSWIRE) — Midwest Energy Emissions Corp. (OTCQB: MEEC) (“ME2C Environmental” or the “Company”), a leading environmental technologies firm, today announced that all holders of the Company’s outstanding 2019 Convertible Promissory Notes have agreed to convert their Notes into ME2C Environmental shares.
The Company indicated that between June 17 and June 23, 2021, a total of $2,550,000 outstanding principal, together with interest, has been voluntarily converted into shares of the Company’s common stock. The Convertible Notes were issued in 2019 in the aggregate principal amount of $2,600,000. Previously, $50,000 of the principal was converted, leaving $2,550,000 outstanding until the conversion...