Day: July 28, 2021

Fortis Inc. Announces Third Quarter Dividends - 2021

Fortis Inc. Announces Third Quarter Dividends – 2021

ST. JOHN’S, Newfoundland and Labrador, July 28, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends: $0.3063 per share on the First Preference Shares, Series “F” of the Corporation, payable on September 1, 2021 to the Shareholders of Record at the close of business on August 19, 2021;   $0.2745625 per share on the First Preference Shares, Series “G” of the Corporation, payable on September 1, 2021 to the Shareholders of Record at the close of business on August 19, 2021;   $0.11469 per share on the First Preference Shares, Series “H” of the Corporation, payable on September 1, 2021 to the Shareholders of Record at the close of business on August 19, 2021;   $0.097734...

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Lincoln Electric Acquires Overstreet-Hughes Company, Inc. and Shoals Tubular, Inc.

Lincoln Electric Acquires Overstreet-Hughes Company, Inc. and Shoals Tubular, Inc.

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...

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Huntington Completes Purchase of the Winora Property – Lingman Lake Mine Extension Target – NW Ontario

Huntington Completes Purchase of the Winora Property – Lingman Lake Mine Extension Target – NW Ontario

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%...

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FTAI Reports Second Quarter 2021 Results, Declares Dividend of $0.33 per Common Share, Announces Closing of Transtar Acquisition, and Progression of Plan to Separate FTAI into Aerospace and Infrastructure Companies

FTAI Reports Second Quarter 2021 Results, Declares Dividend of $0.33 per Common Share, Announces Closing of Transtar Acquisition, and Progression of Plan to Separate FTAI into Aerospace and Infrastructure Companies

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 Q2’21 Net 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...

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Reservoir Media, Inc. Announces Closing of Business Combination and Will Begin Trading on NASDAQ

Reservoir Media, Inc. Announces Closing of Business Combination and Will Begin Trading on NASDAQ

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...

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Colfax Completes Acquisition of Mathys AG Bettlach

Colfax Completes Acquisition of Mathys AG Bettlach

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...

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Alaris Equity Partners Income Trust Releases Q2 2021 Financial Results and Announces a Unitholders’ Distribution Increase of 6.5%

Alaris Equity Partners Income Trust Releases Q2 2021 Financial Results and Announces a Unitholders’ Distribution Increase of 6.5%

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, July 28, 2021 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and six months ended June 30, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q2 2021 Highlights: Generated revenue of $34.9 million in the quarter, the largest quarter of revenue in Alaris’ history and an increase of 37% on a per unit basis compared to Q2 2020. Revenue of $67.2 million in the six months ended June 30, 2021 represented an increase of 34% over the...

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Inventiva Reports First-Half of 2021 Financial Information

Inventiva Reports First-Half of 2021 Financial Information

Cash and cash equivalents at €93.6 m as of June 30, 2021 Revenues of €0.2 m in H1 2021 Daix (France), July 28, 2021 – Inventiva (Euronext Paris and Nasdaq: IVA), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis (NASH), mucopolysaccharidoses (MPS) and other diseases with significant unmet medical need, today reported its cash position as of June 30, 2021 and its revenues for the first half of 20211. Cash Position As of June 30, 2021, Inventiva’s cash and cash equivalents stood at €93.6 million compared to €107.8 million as of March 31, 2021 and €113.02 million as of December 31, 2020. Net cash used in operating activities amounted to €19.8 million in the first half of 2021 compared to €7.2 million for the same period in 2020. R&D...

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Igourmet.com, a Leading Online Cheese Destination, Collaborating with Isaac Mizrahi Wine Offering on QVC and QVC.com

Igourmet.com, a Leading Online Cheese Destination, Collaborating with Isaac Mizrahi Wine Offering on QVC and QVC.com

Isaac Mizrahi to Feature Wine and Cheese Pairings Live on QVC’s Gourmet Holiday Show on July 28, 2021 BONITA SPRINGS, Fla., July 28, 2021 (GLOBE NEWSWIRE) — igourmet.com, the leading online cheese and specialty food destination and brand of Innovative Food Holdings, Inc. (OTCQB: IVFH), today announced the Company has partnered with Isaac Mizrahi Live! to curate a delicious collection of cheeses to pair with Isaac’s offering of award-winning Vintage Wine Estates wines. The initial cheese and wine pairings will be offered live on QVC’s Gourmet Holiday show on July 28, 2021. In collaboration with Isaac Mizrahi’s successful wine program featured exclusively on QVC, igourmet.com has selected its favorite cheeses to expertly pair with wines from Vintage Wine Estates that have been curated by Isaac himself. Vintage Wine Estates offers...

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Proactive news headlines including Great Bear Resources, Binovi Technologies, American Battery Metals, The Valens Company and Braxia Scientific

Proactive news headlines including Great Bear Resources, Binovi Technologies, American Battery Metals, The Valens Company and Braxia Scientific

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...

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