Day: July 16, 2021

Tree Island Steel to Issue Second Quarter Financial Results on July 27, 2021

Written by Customer Service on July 16, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, July 16, 2021 (GLOBE NEWSWIRE) — Tree Island Steel Ltd. (“Tree Island” or the “Company”) (TSX:TSL) is pleased to announce that it will report its second quarter 2021 financial results for the period ended June 30, 2021, after market hours on Tuesday, July 27, 2021. About Tree Island Steel Tree Island Steel, headquartered in Richmond, British Columbia, since 1964, through its four operating facilities in Canada and the United States, produces wire products for a diverse range of industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire; a broad array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company...

Huttig Building Products, Inc. Schedules Second Quarter 2021 Earnings Call

Written by Customer Service on July 16, 2021. Posted in Public Companies.

ST. LOUIS, July 16, 2021 (GLOBE NEWSWIRE) — Huttig Building Products (Nasdaq: HBP), one of the nation’s largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its second quarter 2021 financial results on Wednesday, July 28, 2021 after market close. An earnings call with management is scheduled for Thursday, July 29, 2021 at 10:00 a.m. Central Daylight Time. Participants can listen to the call live via webcast by going to the investor portion of Huttig’s website at http://investor.huttig.com/news-and-events/investor-calendar. Participants can also access the live conference call via telephone at (866) 238-1641 or (213) 660-0927 (international). The conference ID for this call is 7474728. About Huttig Huttig, currently...

Proactive news headlines including The Parent Company, Byrna Technologies, Nomad Royalty and Fobi AI

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

New York , July 16, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF) (FRA:2V0) joins the Financial Data and Technology Association for open banking advocacy click here Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) reveals preliminary 2Q revenue of US$4.6M on 2,577 gold equivalent ounces sold click here The Parent Company (NEO:GRAM.U) (OTCQX:GRAMF) launching new cannabis delivery hub in San Diego utilizing Caliva’s platform click here Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) prices its $52.5M upsized equity offering click here Fobi AI Inc (CVE:FOBI) (OTCQB:FOBIF) executes several pilot tests and has 10.42M in funding as it plans to uplist to major exchange click...

Scottie Resources and AUX Resources Announce Closing of Amalgamation

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

Figure 1Overview map of the Scottie Resources mineral tenures in the Stewart Mining Camp after the merger with AUX Resources.VANCOUVER, British Columbia, July 16, 2021 (GLOBE NEWSWIRE) — Scottie Resources Corp. (“Scottie” or the “Company“) and AUX Resources Limited (formerly AUX Resources Corporation) (“AUX”) are pleased to announce that they have completed their previously announced amalgamation (the “Transaction”) pursuant to an amalgamation agreement dated May 4, 2021 (the “Amalgamation Agreement”) among Scottie, 1302668 B.C. Ltd. (“Subco”), a wholly-owned subsidiary of Scottie, and AUX Resources Corporation. HighlightsMerger combines two sizeable and complementary land packages in the Stewart Mining Camp – over 52,000 ha combinedReduces overhead costs and permits numerous operational efficienciesManagement...

Interoil Q1 Interim Financial report

Written by Customer Service on July 16, 2021. Posted in Earnings Releases And Operating Results.

Oslo, 24 February 2021 Interoil Exploration and Production ASA is pleased to release its Q1 2021 interim financial report. Highlights in the quarter: • Gross production decreased by 12% in Q1 2021 compared with Q4 2020 mainly caused by the drastic reduction in Puli C production since January 2021. • Interoil’s EBITDA in Q1 2021 was positive USD 0.1 million, compared with a negative USD 1.9 in Q4 2020. • On March 4th, Interoil signed a participation drilling agreement with SLS-Quantum to drill one exploration well in Altair block. • On March 4th, Interoil signed an agreement with Velitec to invest in the reopening of the MMO oil production. • On March 11th, the Company successfully completed the first private placement of new shares for approximately USD 1M. These funds are earmarked for exploration investment and reserved in the Company...

Locomotive Market worth USD 25.7 billion by 2027, registering a CAGR of 11.61% – Report by Market Research Future (MRFR)

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

New York, July 16, 2021 (GLOBE NEWSWIRE) — Locomotive Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Locomotive Market Research Report, Type, Technology, Component and Region – Forecast till 2027” the market is projected to be worth USD 25.7 billion by 2027, registering a CAGR of 11.61% during the forecast period (2021 – 2027), The market was valued at USD 18.9 billion in 2020. Transport of Bulk Goods to Steer Global Locomotive Market Revenues Locomotives are rail transport vehicles designed to tow gauges of different bogeys such as diesel, steam, and electric. Governments looking for plans to beautify and modernize cities are likely to be the biggest purveyors of locomotives. Single locomotives are being procured owing to their low impact on the rail lines and low...

Brookfield Property Partners Unitholders Approve Privatization Transaction

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

BROOKFIELD NEWS, July 16, 2021 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) announced today that it has received unitholder approval for Brookfield Asset Management Inc.’s (“BAM”) acquisition of all of the limited partnership units of BPY (the “transaction”). Approval was given at a special meeting of BPY unitholders held on July 16, 2021 (the “Meeting”). At the Meeting, approximately 99.06% of the votes cast by all BPY unitholders, and 97.79% of votes cast by minority BPY unitholders, were voted in favour of the transaction. As previously announced, in connection with the transaction and subject to pro-ration, BPY unitholders have the ability to elect to receive, per BPY unit, $18.17 in cash, 0.4006 of a BAM class A limited voting share, or 0.7268 of a BPY preferred unit with a liquidation...

Bigstack Opportunities I Inc. Announces Closing of Initial Public Offering

Written by Customer Service on July 16, 2021. Posted in Public Companies.

TORONTO, July 16, 2021 (GLOBE NEWSWIRE) — Bigstack Opportunities I Inc. (TSXV: STAK) (the “Corporation”), is pleased to announce that it has completed its initial public offering (the “Offering”) of 5,000,000 common shares (“Common Shares”) in the capital of the Corporation at a purchase price of $0.10 per Common Share by way of a prospectus for gross proceeds of $500,000. Eric Szustak, President and CEO of the Corporation, commented, “We are pleased to complete the Offering and we thank our investors and advisors for their support. We are proud of our team of seasoned management, strategic investors and other supporters and we look forward to completing a successful qualifying transaction.” The Corporation is a Capital Pool Company as defined in the policies of the TSX Venture Exchange (the “Exchange”). To date, the Corporation...

FOOTHILLS EXPLORATION, INC. ANNOUNCES JOINT VENTURE TO DEVELOP DRONE-BASED NATURAL HYDROGEN AND HELIUM DETECTION TECHNOLOGY

Written by Customer Service on July 16, 2021. Posted in Public Companies.

LOS ANGELES, July 16, 2021 (GLOBE NEWSWIRE) — New Energy Ventures, LLC (“NEV”), a wholly owned indirect subsidiary of Foothills Exploration, Inc. (OTC: FTXP), signed a binding letter of intent with Perspectum Drone Inspection Services Ltd. (“PDIS”), to create and fund a new enterprise dedicated to developing and commercializing PDIS’s drone-based natural hydrogen and helium detection technology. New Energy Ventures and PDIS will collaborate to jointly develop the early stage technology further, produce a working protype and refine the business model for commercialization. “It is important that we all do our part to help reach an energy efficient low carbon future. NEV plans to contribute to this mission by partnering with talented entrepreneurial management teams to develop technologies that will help protect our planet and reduce...

NKT Group updates 2021 financial outlook and resumes the review of strategic alternatives for NKT Photonics

Written by Customer Service on July 16, 2021. Posted in Public Companies.

Company Announcement 16 July 2021 Announcement No. 12 NKT Group updates 2021 financial outlook and resumes the review of strategic alternatives for NKT Photonics Today, NKT Group provides preliminary financial figures for Q2 2021, updates the 2021 financial outlook and resumes the review of strategic alternatives for NKT Photonics. NKT CEO Alexander Kara says:– We have had a strong 1st half 2021 and the improved financial performance was driven by broad-based growth in both NKT and NKT Photonics. It is satisfactory to see that we continue to benefit from the green transformation and successful implementation of improvement initiatives. In the power cables business, we delivered a 1st half 2021 operational EBITDA higher than what we expect for the 2nd half. This is mainly due to the anticipated mix of projects in Solutions and that...

Day: July 16, 2021

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