Orocobre Limited announces FY21 Results and implementation of merger with Galaxy Resources

Written by Customer Service on August 24, 2021. Posted in Earnings Releases And Operating Results.

BRISBANE, Australia, Aug. 25, 2021 (GLOBE NEWSWIRE) — Today, Orocobre Limited (ASX: ORE, TSX: ORL) (Orocobre or the Company), a dynamic global lithium chemicals producer, announces its financial results for the full year ended 30 June 2021 (FY21), as well as the completion of the merger with Galaxy Resources (Galaxy). Key Outcomes: FY21 full year Net Loss After Tax of US$89.5 million impacted by US$74.9 million of Argentine tax rate changes and the effects of inflation and devaluation on deferred tax balances and tax losses Lithium prices are improving reflecting strong end market and customer demand Management of COVID 19 impacts has been highly effective Olaroz Stage 2 will be complete in FY22 and will deliver a significant reduction in cash costs and step up in volumes Naraha is near completion and awaiting lifting of COVID-19...

HEXO Corp. Closes US$144.8 Million Underwritten Public Offering

Written by Customer Service on August 24, 2021. Posted in Public Companies.

OTTAWA, Aug. 24, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NASDAQ: HEXO) today announced the closing of its previously announced underwritten public offering (the “Offering”) for total gross proceeds to the Company of US$144,786,070.80. The Company sold 49,080,024 units of the Company (the “Units”) at a price of US$2.95 per Unit under the Offering, including 1,622,396 Units sold pursuant to the partial exercise of the underwriters’ over-allotment option. Each Unit is comprised of one common share of the Company and one half of one common share purchase warrant of the Company. Each full warrant is exercisable to acquire one common share of the Company for a period of 5 years following the closing date of the Offering at an exercise price of US$3.45 per share, subject to adjustment in certain events. A.G.P./Alliance...

Prospect Capital Announces June 2021 Net Investment Income of $0.19 and 5% Increase in Net Asset Value per Common Share, and Declares Stable Monthly Cash Common and Preferred Share Distributions

Written by Customer Service on August 24, 2021. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 24, 2021 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and year ended June 30, 2021. FINANCIAL RESULTS All amounts in $000’s except per share amounts (on weighted average basis for period numbers) Quarter Ended Quarter Ended Quarter Ended June 30, 2021 March 31, 2021 June 30, 2020 Net Investment Income (“NII”) $73,229 $73,402 $58,273 Basic NII per Common Share $0.19 $0.19 $0.16 Interest as % of Total Investment Income 87.5% 87.5% 88.8% Net Income Attributable to Common Stockholders $242,421 $246,008 $162,613 Basic Net Income per Common Share $0.62 $0.64 $0.44 Distributions to Common Shareholders $69,857 $69,603 $66,823 Distributions per Common Share $0.18 $0.18 $0.18 Since...

VitalHub Increases Q2 2021 Revenue to $5.8M While Continuing to Improve on Financial Metrics Across the Business

Written by Customer Service on August 24, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis report for the three and six months ended June 30, 2021 with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. When asked to comment on the results, VitalHub CEO Dan Matlow said, “With the constraints of COVID-19 in the background, we are very happy with the progress of the Company over the last 4 quarters. With the acquisition of Alamac Limited, our Annual Recurring Revenue (“ARR”) now exceeds a run-rate of $21 million. Notably, over the last four quarters the Company has added over $3.4 million in ARR organically. This represents a...

<div>Huize to Acquire Leading Regional Insurance Agency Shengs Life & General to Accelerate its Online-to-Offline Integration and Open Platform Strategy</div>

Huize to Acquire Leading Regional Insurance Agency Shengs Life & General to Accelerate its Online-to-Offline Integration and Open Platform Strategy

Written by Customer Service on August 24, 2021. Posted in Mergers And Acquisitions.

SHENZHEN, China, Aug. 24, 2021 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”, together with its subsidiaries, its consolidated variable interest entity and the subsidiaries of the consolidated variable interest entity the “Group”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that the Group has entered into a binding memorandum of understanding to acquire a controlling equity interest in Hubei Shengs Life & General Insurance Agency Co., Ltd. (“Shengs Life & General”), one of the leading regional insurance agency groups dedicated to distributing life and health insurance products. Pursuant to the binding memorandum of understanding by and among the Group, Shengs Life & General and current shareholders of Shengs...

Feel Foods Ltd. Appoints New CEO and Launches Rebrand Website

Written by Customer Service on August 24, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 24, 2021 (GLOBE NEWSWIRE) — FEEL FOODS LTD. (the “COMPANY” or “FEEL”) (CSE: “FEEL”) (OTC: “FLLLF”) is pleased to announce the appointment of Mr. David Greenway as Chief Executive Officer and a Director of the Company effective immediately. Mr. Greenway brings to FEEL more than two decades of experience in corporate management, finance, and developing growth strategies for various TSX Venture Exchange and Canadian Securities Exchange listed companies, including involvement in acquisitions, business valuations and investor relations. Mr. Greenway acted as an Officer and Director of Mountain View Conservation Centre for over seven years, founded in 1986, this BC non-profit wildlife conservation facility was dedicated to saving rare and endangered wildlife species, including...

Firm Capital Apartment REIT Announces Voting Results at Annual and Special Meeting

Written by Customer Service on August 24, 2021. Posted in Public Companies.

TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is pleased to report that at the annual and special meeting (the “Meeting”) of unitholders held earlier today, all trustee nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes “For” Votes “No” % Votes “No” Votes “Withhold” % Votes “Withhold” Geoffrey Bledin 2,855,615 99.69% – – 9,034 0.31% Eli Dadouch 2,855,615 99.69% – – 9,034 0.31% Pat Di Capo 2,855,445 99.68% – – 9,204 0.32% Sandy Poklar 2,855,445 99.68% – – 9,204 0.32% Keith L. Ray 2,855,445 99.68% – – 9,204 0.32% Valentina Kalyk 2,855,615 99.69% – – 9,034 0.31% Howard Smuschkowitz 2,855,615 99.69% – – 9,034 0.31% Jonathan...

GWG Holdings Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

Written by Customer Service on August 24, 2021. Posted in Public Companies.

DALLAS, Aug. 24, 2021 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq: GWGH) today announced that it received a letter (the Letter) from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq) notifying the company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended June 30, 2021 (the Form 10-Q). The Letter has no immediate effect on the listing or trading of GWGH’s common stock on the Nasdaq Capital Market. About GWG Holdings, Inc. (GWG)GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas that is a leader in providing investors with secondary market solutions. Through its subsidiaries, The Beneficient Company Group, L.P. and GWG Life, LLC, GWGH owns and...

Capital Southwest Corporation Prices Public Offering of $100 million 3.375% Notes due 2026

Written by Customer Service on August 24, 2021. Posted in Public Companies.

DALLAS, Aug. 24, 2021 (GLOBE NEWSWIRE) — Capital Southwest Corporation (NASDAQ: CSWC) (“Capital Southwest”, “we”, “us” and “our”) is pleased to announce that it has priced an underwritten public offering of $100 million in aggregate principal amount of 3.375% notes due 2026 (the “Notes”). The Notes will bear interest at a rate of 3.375% per year, payable semi-annually, will mature on October 1, 2026 and may be redeemed in whole or in part at Capital Southwest’s option at any time prior to July 1, 2026, at par plus a “make-whole” premium, and thereafter at par. The Notes will be issued at a price of 99.418% of the aggregate principal amount of the Notes, resulting in a yield-to-maturity of 3.5%. The offering is subject to customary closing conditions and is expected to close on August 27, 2021. Capital Southwest intends to use the...

21Vianet Group, Inc. Reports Unaudited Second Quarter 2021 Financial Results

Written by Customer Service on August 24, 2021. Posted in Earnings Releases And Operating Results.

BEIJING, Aug. 25, 2021 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. The Company will hold a conference call at 8:00 P.M. on Tuesday, August 24, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release. Second Quarter 2021 Financial Highlights Net revenues in the second quarter of 2021 increased by 30.8% to RMB1.50 billion (US$231.9 million) from RMB1.14 billion in the same period of 2020. Adjusted cash gross profit (non-GAAP) in the second quarter of 2021 increased by 36.9% to RMB640.2 million (US$99.2 million) from RMB467.6 million...

Day: August 24, 2021

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