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Month: June 2021

Novo Announces Results of Annual General Meeting of Shareholders

VANCOUVER, British Columbia, June 22, 2021 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders held today were duly passed. All of the director nominees, as listed in the management information circular dated May 7, 2021, were elected. Voting as to each of the director nominees was as follows:Name of Nominee Votes Cast FOR % Votes Cast FOR Votes WITHHELD % of Votes WITHHELDQuinton Hennigh 87,989,547 87.984 12,016,194 12.016Robert Humphryson 80,021,156 99.757 194,585 0.243Michael Barrett 67,595,290 84.267 12,620,451 15.733Michael Spreadborough 73,490,519 91.616 6,725,222 8.384Ross Hamilton 73,509,511 91.640 6,706,230 8.360Amy Jo Stefonick 73,558,095 91.658 6,695,046 8.342Please...

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Timbercreek Financial Declares June 2021 Dividend

TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on July 15, 2021 to holders of Common Shares of record on June 30, 2021. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent...

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First Advantage Announces Pricing of Upsized Initial Public Offering

ATLANTA, June 22, 2021 (GLOBE NEWSWIRE) — First Advantage Corporation (“First Advantage”), a leading global provider of technology solutions for screening, verifications, safety and compliance related to human capital, today announced the pricing of its upsized initial public offering of 25,500,000 shares of common stock at a price to the public of $15.00 per share. Of the offered shares, 19,875,000 shares are being sold by First Advantage, and 5,625,000 shares are being sold by certain existing stockholders of First Advantage. First Advantage and the selling stockholders granted the underwriters in the offering a 30-day option to purchase up to an additional 3,825,000 shares of common stock, of which up to 2,981,250 shares would be sold by First Advantage and up to 843,750 shares would be sold by certain existing stockholders...

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Adyton Files Amendment to Information Circular for Shareholders Meeting

BRISBANE, Australia, June 22, 2021 (GLOBE NEWSWIRE) — Adyton Resources Corporation (TSX Venture: ADY) announces that it has filed an amendment (the “Amendment”) to its management information circular dated May 28, 2021 (the “Information Circular”) in respect of its annual and special meeting of shareholders scheduled to be held on June 28, 2021 (the “Meeting”), in order to correct certain typographical errors and update certain additional information. In the section of the Information Circular entitled “Business of the Meeting – 3. Election of ‎Directors”, the Information Circular contained a typographical error in the last name of one of the ‎director nominees proposed for election at the Meeting, in that his name was stated as “Jason ‎Kovac” when his correct name is “Jason Kosec”. Accordingly, all references to “Jason Kovac”...

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Bioasis Technologies enters into Convertible Security Funding Agreement for Institutional Investment of up to C$10 million

NEW HAVEN, Conn., June 22, 2021 (GLOBE NEWSWIRE) — Bioasis Technologies Inc. (“Bioasis” or the “Company”) (TSX.V:BTI; OTCQB:BIOAF), a pre-clinical, research-stage biopharmaceutical company developing its proprietary xB3 TM platform technology for the delivery of therapeutics across the blood-brain barrier (BBB) and the treatment of CNS disorders in areas of high unmet medical need, including brain cancers and neurodegenerative diseases, is pleased to announce that it has entered into a convertible security funding agreement dated June 22, 2021 (the “Agreement”) with Lind Global Macro Fund, LP, an entity managed by The Lind Partners, a New York-based institutional investment management firm (together, “Lind”). Under the terms of the Agreement, Bioasis may issue to Lind convertible securities in the principal amount of up to C$10,000,000,...

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AeroCentury Corp. Files Proposed Plan of Reorganization

BURLINGAME, Calif., June 22, 2021 (GLOBE NEWSWIRE) — AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), announced today that the Company and its two U.S. subsidiaries (collectively the “Debtors”) have filed with the Delaware Bankruptcy Court a proposed combined Plan of Reorganization and Disclosure Statement (the “Plan/Disclosure Document”) with respect to its proposed plan to exit Chapter 11 bankruptcy protection (“Plan”). The proposed plan was filed in connection with the Company’s motion to approve a Solicitation Procedures Order, which, among other things, requests that the Court conditionally approve the combined Plan/Disclosure Document for solicitation purposes only and authorize the Debtors to solicit votes to accept or reject the Plan. The Bankruptcy Court has set a hearing date of July 12, 2021 to...

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Goodfellow Announces Results of Annual and Special Meeting of Shareholders

DELSON, Quebec, June 22, 2021 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company”) announces that all resolutions presented to the shareholders at its Annual and Special Meeting of Shareholders (the “Meeting”) held today have been passed, including in respect of the election of directors, the ratification and approval of By-law No. 2021-1 amending and restating the general by-laws of the Company, the ratification and approval of By-law No. 2021-2 (advance notice by-law), the ratification and approval of By-law No. 2021-3 (the forum selection) and the approval of the amendment to the articles of the Corporation enabling the directors to appoint additional directors within the limits allowed by the Canada Business Corporations Act. The total number of shares represented by shareholders in person and by proxy at the Meeting...

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CORRECTION — Codere Online to Become the First Publicly-Listed Online Gaming Operator in Latin America Via Business Combination with DD3 Acquisition Corp. II

In a release issued under the same headline earlier today by DD3 Acquisition Corp. II (Nasdaq: DDMX, “DD3”) please note that in the 5th bullet point and the second paragraph under the header “Transaction Overview” Baron Funds has been removed as an investor. The corrected release follows:DD3 Acquisition Corp. II (Nasdaq: DDMX, “DD3”) has entered into a definitive business combination agreement with Codere OnlineCodere Online launched in 2014 as a part of the international gaming operator Codere Group, offering online sports betting and online casino through its state-of-the art websites and mobile applicationsCodere Online is a leading online gaming and sports betting operator in Latin America with a unique omnichannel strategy that seeks to attract a loyal, engaged and high-value customer base aimed at driving growth...

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Delta 9 Provides Guidance & Timing for Q2 2021 Results

WINNIPEG, Manitoba, June 22, 2021 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to provide guidance on its revenue forecast for the three-month and six-month period ending June 30, 2021 based on preliminary results:The Company anticipates revenue for the three-month period ending June 30, 2021 to be between $15.5 million and $17.25 million compared with;$13.23 million for the first quarter of 2021. $13.01 million for the second quarter of 2020.Delta 9 anticipates revenues for the six-month period ending June 30, 2021 to be between $28.75 million and $30.5 million, compared to:$24.76 million for the same period last year“We anticipate our Q2, 2021 performance will demonstrate a record revenue quarter for Delta 9 with the Company’s three business segments contributing...

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Verus International Reports Fiscal 2021 Q2 Financial Results; Posts Significant Improvement in Gross Profit Margins

Gaithersburg, MD, June 22, 2021 (GLOBE NEWSWIRE) — Verus International, Inc. (“Verus” or the “Company”) (OTC Pink: VRUS), an international food, CBD and hemp-based products company, reported financial results for the fiscal 2021 second quarter, which ended April 30, 2021. In conjunction with this release, the Company is also providing additional details on business developments subsequent to the quarter’s end. For fiscal Q2 2021, management is noting the following items of importance:Revenue decreased 28% on a year-over-year basis to $3.3 million during fiscal Q2 2021, compared to $4.6 million during fiscal Q2 2020, due in part to a continuing planned product line repositioning that is expected to continue contributing higher margin revenue in future quarters; Gross profit margin continued to improve compared to preceding quarters,...

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