Day: July 13, 2021

NuVista Energy Ltd. Announces Issuance of $230 Million of Senior Unsecured Notes and Call of Existing 2023 Notes

NuVista Energy Ltd. Announces Issuance of $230 Million of Senior Unsecured Notes and Call of Existing 2023 Notes

THIS PRESS RELEASE IS NOT FOR PUBLICATION OR DISSEMINATION IN THE UNITED STATES, FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW CALGARY, Alberta, July 13, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce today that it has entered into an underwriting agreement to sell, on a private placement basis, $230 million aggregate principal amount of 7.875% senior unsecured notes due July 23, 2026 (the “Notes”), which was increased from the previously announced offering of $200 million. The Notes will be issued at $989.89 expressed as a price per $1,000.00 principal amount under a new trust indenture, and will be direct senior unsecured obligations of NuVista ranking equal with all other present and future senior unsecured...

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Suncor Energy releases 2021 Report on Sustainability and Climate Report

Suncor Energy releases 2021 Report on Sustainability and Climate Report

Hear from Mark Little, President & CEO, on our approach to sustainability. All financial figures are in Canadian dollars CALGARY, Alberta, July 13, 2021 (GLOBE NEWSWIRE) — Continuing more than 25 years of sustainability reporting, Suncor released its 2021 Report on Sustainability and Climate Report today. The reports share the company’s 2020 environmental, social and governance (ESG) performance and highlight key points of progress in early 2021. Earlier this year, the company shared its updated strategy which focuses on increasing shareholder returns while accelerating its greenhouse gas (GHG) emissions reduction targets, growing its business in low GHG fuels, electricity, and hydrogen, sustaining and optimizing its base business and transforming its GHG footprint to be a net-zero company by 2050 – all...

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Barnwell Industries, Inc. Announces July 13, 2021 Pro Forma Stockholders’ Equity in Excess of $4.0 Million

Barnwell Industries, Inc. Announces July 13, 2021 Pro Forma Stockholders’ Equity in Excess of $4.0 Million

HONOLULU, July 13, 2021 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) (the “Company”, “we”, “our”) announced today that it had unaudited pro forma stockholders’ equity, as of July 13, 2021, in excess of the $4.0 million minimum amount of stockholders’ equity that the Company is required to maintain under the NYSE American’s continued listing standards. As previously reported, on January 13, 2020, the Company received notice from the NYSE American that the Company was not in compliance with Section 1003(a)(i) and Section 1003(a)(ii) of the NYSE American Company Guide (the “Guide”), which respectively require an issuer to have (i) stockholders’ equity of $2.0 million or more if such issuer reported losses from continuing operations and/or net losses in two of its three most recent fiscal years and (ii) stockholders’...

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Textile Colorant Market to Hit USD 13.24 Billion in 2028; Increasing Population and High Demand for Living Spaces to Favor Growth, Asserts Fortune Business Insights™

Textile Colorant Market to Hit USD 13.24 Billion in 2028; Increasing Population and High Demand for Living Spaces to Favor Growth, Asserts Fortune Business Insights™

Top companies covered in textile colorant market report are Huntsman Corporation, Kiri Industries Ltd., DuPont, Sumitomo Chemical Co. Ltd., BASF SE, Allied Industrial Corp., Ltd., Dystar Group, LANXESS AG, Archroma International, Colorant Limited, Jay Chemical Industries Limited, and more players profiled Pune, India, July 13, 2021 (GLOBE NEWSWIRE) — The global textile colorant market is set to gain impetus from the high demand for natural dyes over synthetic ones because of their beneficial properties. They do not have carcinogenic & toxic chemicals, are itch-resistant, renewable, and have excellent UV absorption capacity. Various prominent boutiques and fashion houses are hence opting for these dyes for the manufacturing of their products. In May 2021, for instance, Akané Studio introduced a wide range of naturally dyed...

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Madison Pacific Properties Inc. announces the results for the nine months ended May 31, 2021 and declares dividend

Madison Pacific Properties Inc. announces the results for the nine months ended May 31, 2021 and declares dividend

VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the nine months ended May 31, 2021. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the nine months ended May 31, 2021, the Company is reporting net income of $37.0 million (2020: $25.1 million); cash flows from operating activities before changes in non-cash operating balances of $7.6 million (2020: $10.2 million); and income per share of $0.58 (2020: $0.43). Included in net income is an after-tax net gain from the fair value adjustment on investment properties of $26.8 million (2020: $19.3 million). The Company currently owns approximately $648 million in investment...

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Herman Miller and Knoll Shareholders Approve Merger-Related Proposals

Herman Miller and Knoll Shareholders Approve Merger-Related Proposals

ZEELAND, Mich. and EAST GREENVILLE, Pa., July 13, 2021 (GLOBE NEWSWIRE) — Herman Miller, Inc. (“Herman Miller”) (NASDAQ: MLHR) and Knoll, Inc. (“Knoll”) (NYSE: KNL) announced that, at their respective special meetings held today, Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller. Upon completion of the transaction, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. Subject to the satisfaction or permitted waiver of all remaining closing conditions, the transaction is currently expected to close on Monday, July 19, 2021. About Herman Miller Herman Miller is a globally recognized leader in design. Since its inception in 1905,...

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Madrigal Pharmaceuticals Offers Patients Resmetirom in a Planned Open Label Active Treatment Extension of the Phase 3 MAESTRO-NAFLD-1 Clinical Study

Madrigal Pharmaceuticals Offers Patients Resmetirom in a Planned Open Label Active Treatment Extension of the Phase 3 MAESTRO-NAFLD-1 Clinical Study

CONSHOHOCKEN, Pa., July 13, 2021 (GLOBE NEWSWIRE) — Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) announced today its first patient dosed in a planned 52-week open label active treatment extension study of MAESTRO-NAFLD-1, named MAESTRO-NAFLD-1-Open Label Extension (OLE) (NCT04951219). MAESTRO-NAFLD-1 is an ongoing 52-week ~1200 patient Phase 3 non-invasive, multi-center, double-blind, randomized, placebo-controlled study of resmetirom in patients with non-alcoholic fatty liver disease (NAFLD), presumed NASH. The study is due to complete later this year with measures of safety and efficacy including reduction in imaging and biomarker measures of NASH, as well as the lowering of LDL-cholesterol and other atherogenic lipids. MAESTRO-NAFLD-OLE allows patients who complete MAESTRO-NAFLD-1 to consent to 52 weeks of active treatment with...

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Melior Resources Inc. Provides Update on RTO Transaction with Ranchero Gold Corp.

Melior Resources Inc. Provides Update on RTO Transaction with Ranchero Gold Corp.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 13, 2021 (GLOBE NEWSWIRE) — Melior Resources Inc. (TSXV: “MLR”) (“Melior” or the “Company”) provides the following update on the reverse take-over transaction (the “Transaction”) with Ranchero Gold Corp. (“Ranchero”) pursuant to which Melior will acquire all of the issued and outstanding securities of Ranchero by way of a three-cornered amalgamation in accordance with the terms and conditions of the amalgamation agreement dated February 17, 2021, as amended, between Melior, Ranchero and 1274169 B.C. Ltd. (“Melior Newco”), a wholly-owned subsidiary of Melior, as more particularly described in the Company’s news releases dated November 2, 2020 and February 18, 2021. Pursuant to the Transaction, Ranchero will amalgamate...

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Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) — Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) reports it has filed the technical report supporting the updated independent Preliminary Economic Assessment (“PEA”) completed for the Company’s 100%-owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. The PEA was prepared by BBA E&C Inc. (“BBA”) in accordance with National Instrument 43-101 (“NI 43-101”) Standards of Disclosure for Mineral Projects. The technical report, titled “Preliminary Economic Assessment for the Enchi Gold Project, Enchi, Ghana” has an effective date of June 8, 2021 and is available under the Company’s profile on SEDAR at www.sedar.com. The positive PEA, the results...

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Hydrofarm Reminds Investors of Redemption of Warrants

Hydrofarm Reminds Investors of Redemption of Warrants

FAIRLESS HILLS, Pa., July 13, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, today announced that as of July 12, 2021, approximately 2.8 million of its 3.4 million outstanding investor warrants (the “Investor Warrants”) have been exercised. As previously announced on June 21, 2021, the Company provided notice to the holders of its Investor Warrants that their warrants will be redeemed in accordance with the terms of such Investor Warrants. Holders of the Investor Warrants have until 5:00 p.m. Eastern Time on July 19, 2021 to exercise their Investor Warrants. As a courtesy, the Company would like to remind any remaining holders of Investor Warrants that if the remaining approximately 0.6 million Investor...

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