Month: August 2021

Kvika banki hf.: Changes to market making agreement

Kvika banki hf.: Changes to market making agreement

Changes have been made to market making agreement with Arion banki hf. for shares in Kvika banki hf. on the Nasdaq Iceland stock exchange, following the entry into force of new Act no. 115/2021 on 1 September 2021, implementing the MiFID II legislative framework into Icelandic law. Onwards the bid-ask spread shall be determined by the tick size table set forth by Nasdaq Iceland with the bid-ask spread as close to 1.50% as possible but not lower than 1.45%. Other terms of the agreement on market making with shares in Kvika banki hf. are unchanged.

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World-first agreement between Novartis and the NHS enables broad and rapid access to first-in-class cholesterol-lowering medicine Leqvio® ▼(inclisiran)

World-first agreement between Novartis and the NHS enables broad and rapid access to first-in-class cholesterol-lowering medicine Leqvio® ▼(inclisiran)

Agreement follows positive NICE recommendation and commits to deliver Leqvio® (inclisiran) access via a population health management approach identifying eligible patients across England1 Over three years ~300,000 patients at high risk of a second cardiovascular event are expected to be treated with inclisiran, a small interfering RNA therapy administered as a 6-monthly maintenance dose‡, in the community setting Long-term elevated LDL cholesterol (LDL-C) is a known cause of atherosclerotic cardiovascular disease (ASCVD) and a key modifiable risk factor in the prevention of cardiovascular disease2 Cardiovascular disease, which can lead to heart attack and stroke, causes more than 1 in 4 deaths across the UK and places a considerable financial burden on the NHS and wider society3,4. It is estimated that there are over 3.5 million people...

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Nevada Copper Provides Operations and Financing Updates

Nevada Copper Provides Operations and Financing Updates

YERINGTON, Nev., Aug. 31, 2021 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (“Nevada Copper” or the “Company”) today provided an update regarding operations at the underground mine at its Pumpkin Hollow project (the “Underground Mine”), as well as an update on financing matters. All amounts below are stated in US dollars. Operations Update Stoping and Lateral Development: Development and penetration through the water bearing dike has now been completed on the first crossing. Lateral development beyond this crossing is now into solid ground at a pace consistent with mine plan rates focused on establishing production from the East-North deposit. In addition, with steel support beams recently installed, a second crossing is expected in the coming weeks, further enhancing development rates. Stoping: The Company has...

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Ayr Wellness Offers Incentive for Cash Exercise and Provides Notice of Early Expiry of All Remaining Warrants

Ayr Wellness Offers Incentive for Cash Exercise and Provides Notice of Early Expiry of All Remaining Warrants

MIAMI, Aug. 31, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically-integrated cannabis multi-state operator, provided notice today of the accelerated expiry of the Company’s share purchase warrants (the “Warrants”). The expiry of the Warrants is being accelerated as permitted under the warrant agency agreement dated December 21, 2017 between the Company and Odyssey Trust Company, as warrant agent (the “Warrant Agent”), as amended (the “Warrant Agency Agreement”). On notice in accordance with the applicable provisions of the Warrant Agency Agreement, the expiry date of the Warrants is now 5:00 p.m. (Toronto time) on September 30, 2021 (the “Accelerated Warrant Expiry Date”). In addition, Ayr is pleased to announce incentive exercise rights (the “Warrant Incentive Program”)...

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CAPREIT Acquires Remaining 50% Interest in Strong GTA Portfolio

CAPREIT Acquires Remaining 50% Interest in Strong GTA Portfolio

TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the purchase of the remaining 50% interest in a portfolio 787 apartment suites and townhouse units located in the Greater Toronto Area. CAPREIT acquired its initial 50% interest on July 31, 2008. The portfolio consists of a 139-suite apartment building and a 93-unit luxury townhouse complex in North York, a 111-unit townhouse development in Etobicoke, a complex of four high-rise apartment buildings in East Toronto aggregating 370 suites, and a 74-suite luxury apartment property on the corner of Chaplin Crescent and Eglinton Avenue West in midtown Toronto. The 583 apartment suites include bachelor, one, two and three-bedroom units, with the 204 townhome portfolio including...

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US Lighting Group Posts a 2021 Q2 Net Income of $3.453 million and $.04 Earnings per Share

US Lighting Group Posts a 2021 Q2 Net Income of $3.453 million and $.04 Earnings per Share

Euclid, Ohio, USA, Aug. 31, 2021 (GLOBE NEWSWIRE) — U.S. Lighting Group, Inc. (OTC:USLG) (the “Company”) reports a quarterly net income of $3.453 million for the 3-months ended June 30, 2021. Net income includes a one-time gain of $3.915 million from the sale of the assets of the Company’s wholly-owned subsidiary Intellitronix Corporation in May 2021. Net loss from continuing operations for the quarter ended June 30, 2021 was $161,000. The Company posted earnings per share of $.04 in stock for the same period. Please see https://www.sec.gov/ix?doc=/Archives/edgar/data/1536394/000121390021045665/f10q0621_uslightinggroup.htm  for the latest copy of our Form 10-Q. About U.S. Lighting Group, Inc. US Lighting Group, Inc. (OTC:USLG) is a holding company. The Company’s principal division consists of “Cortes Campers”, a revolutionary...

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Red River Bank Announces Planned Expansion into New Orleans, Louisiana; Hires Meghan Donelon as Market President

Red River Bank Announces Planned Expansion into New Orleans, Louisiana; Hires Meghan Donelon as Market President

ALEXANDRIA, La., Aug. 31, 2021 (GLOBE NEWSWIRE) — Red River Bank has announced its planned expansion into the New Orleans, Louisiana, market and has hired Meghan Donelon as its New Orleans market president. A New Orleans native and Louisiana State University graduate, Meghan brings to the role a wealth of financial-services experience in large markets, most recently in Dallas, Texas, and more than a decade in the New Orleans metropolitan statistical area. Red River Bank President and CEO Blake Chatelain, said, “Over the past few years, we have seen increased opportunities to develop banking relationships in New Orleans. We are eager to have Meghan lead the bank’s expansion into Louisiana’s largest market. Her community-banking mindset and vast experience in that region will be an asset to our organization and customers.” “I am...

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Atlantic Petroleum – Condensed Consolidated Interim Report – 2nd Quarter 2021

Atlantic Petroleum – Condensed Consolidated Interim Report – 2nd Quarter 2021

Tórshavn, Faroe Islands, 2021-08-31 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 2nd quarter results for 2021. This announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Interim Report, which is released separately and posted on the Company’s website.. Highlights for H1 2021: Highlights for H1 2021 were:G&A cost was DKK 1.1MMOperating profit was DKK 8.5MMNet profit was DKK 5.2MMNet assets/share-holders equity was DKK -94.8MMBank debt was DKK 58.0MM Atlantic Petroleum in brief: Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries and offices in the UK. Atlantic Petroleum’s shares are listed on NASDAQ...

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Delta 9 Acquires Two Retail Cannabis Stores in Edmonton, Alberta

Delta 9 Acquires Two Retail Cannabis Stores in Edmonton, Alberta

WINNIPEG, Manitoba, Aug. 31, 2021 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce that it has closed a transaction with 1884356 Alberta Ltd. (the “Vendor”) to acquire all or substantially all of the Vendor’s assets relating to the operation of two retail cannabis stores in Edmonton, Alberta (the “Transaction”). The acquisition was completed through the Company’s wholly-owned subsidiary, Delta 9 Cannabis Store Inc. pursuant to an asset purchase agreement between Delta 9 Cannabis Store Inc. and the Vendor dated July 9, 2021. “We are pleased to have finalized a transaction to enter the Edmonton retail cannabis market with a strong two-store coordinated presence,” said John Arbuthnot, CEO of Delta 9. “These two new Edmonton locations represent an expansion...

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VAALCO Announces Etame Co-Venturers Approve FSO Agreements

VAALCO Announces Etame Co-Venturers Approve FSO Agreements

HOUSTON, Aug. 31, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that the Etame co-venturers approved the Bareboat Contract and Operating Agreement (collectively, the “Agreements”) with World Carrier Offshore Services Corp and the Agreements are now effective. As previously announced on August 25, 2021, the new Agreements to replace the existing Floating Production, Storage and Offloading unit (“FPSO”) with a Floating Storage and Offloading unit (“FSO”) will significantly reduce storage and offloading costs by almost 50%, increase effective capacity for storage by over 50%, and is expected to lead to an extension of the economic field life, resulting in a corresponding increase in recovery and reserves at Etame. George Maxwell, VAALCO’s Chief Executive Officer, commented,...

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