Day: July 28, 2021

Advances The Harris Products Group’s HVAC Growth Strategy CLEVELAND, July 28, 2021 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Overstreet-Hughes Company, Inc. (“Fabricated Tube Products,” “FTP”) and Shoals Tubular, Inc. (“Shoals”). FTP and Shoals manufacture copper and aluminum headers, distributor assemblies and manifolds in the United States and Mexico for the HVAC sector and have combined annual sales of approximately $50 million. The addition of FTP and Shoals further differentiates The Harris Products Group’s competitive position serving HVAC OEMs with a comprehensive portfolio of solutions for the fabrication of HVAC coils, and the acquisition accelerates their growth in this attractive market. “We are excited to welcome FTP and Shoals to Lincoln Electric and integrate...

CALGARY, Alberta, July 28, 2021 (GLOBE NEWSWIRE) — Huntington Exploration Inc. (TSXV: HEI) (“Huntington” or the “Company”) is pleased to announce that it completed the acquisition of the Winora Property, previously announced on May 4, 2021, through an arm’s length mineral property acquisition (the “Acquisition”). The Acquisition consists of 17 patented mining claims located in the District of Kenora, Northern Ontario. The Winora Property is located 500 m east of the historical Lingman Lake Gold Mine, developed in the late 1940s that, for a variety of reasons, has never reached commercial production. Acquisition Terms Huntington has acquired by way of a mineral property acquisition agreement with an arm’s length third party in exchange for 4,000,000 common shares of the Company at a deemed price of $0.304 per share and a 2%...

NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company” or “FTAI”) today reported financial results for the second quarter 2021. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data)Selected Financial Results Q2’21Net Cash Used in Operating Activities $ (14,992 )Net Loss Attributable to Shareholders $ (36,534 )Basic and Diluted Loss per Common Share $ (0.42 )   Funds Available for Distribution (“FAD”) (1) $ 68,341  Adjusted EBITDA(1) $ 67,954  _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release. For the...

Reservoir Media, Inc. becomes the first U.S.-based publicly traded independent music company and the first female founded and led publicly traded music company in the U.S. Common stock will be listed on NASDAQ under the ticker symbol “RSVR” NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir”), an award-winning independent music company, today announced the closing of its previously announced business combination with Roth CH Acquisition II Co. (“ROCC”), a publicly traded special purpose acquisition company formed by Roth Capital Partners and Craig-Hallum Capital Group. Reservoir also announced the closing of its previously announced common stock PIPE of $150 million. The business combination was approved by ROCC’s stockholders at a special meeting of stockholders held on July 27, 2021. The...

WILMINGTON, DE, July 28, 2021 (GLOBE NEWSWIRE) — Colfax Corporation (“Colfax” or the “Company”) (NYSE: CFX), a leading diversified technology company, announced today that it has completed its previously announced acquisition of Mathys AG Bettlach (“Mathys”). Total acquisition consideration of approximately $285 million was financed through the issuance of 6,544,522 shares of Colfax common stock to the former owners of Mathys. The issuance of Colfax common stock was made in reliance on an exemption from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereunder, as a transaction by the Company not involving a public offering. About Colfax Corporation Colfax Corporation (NYSE: CFX) is a leading diversified technology company that provides orthopedic and fabrication technology products and...

New York , July 28, 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:ESE Entertainment releases details regarding the esports talent show SkillzVault by Bitcoin Vault click here Todos Medical Ltd hires CRO Innvocept Global Solutions to manage two Tollovir coronavirus trials in India click here  Vuzix creates new software-as-a-service based Integration Solutions Business Unit click here  PharmaDrug reveals study results showing cepharanthine significantly inhibits cancer cell growth in 20 different cancers click here  CanaFarma’s Vertical Wellness says it will launch its ‘long anticipated’ line of CBD beverages in US market click here  CO2 GRO announces CO2 Delivery Solutions commercial feasibility with...