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Month: August 2021

Inovalon to Be Acquired by Equity Consortium Led by Nordic Capital Including Insight Partners for $7.3 Billion

Stockholders to Receive $41.00 Per Share in Cash BOWIE, Md., Aug. 19, 2021 (GLOBE NEWSWIRE) — Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced that it has entered into a definitive agreement to be acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital, and Inovalon founder and Chief Executive Officer Keith Dunleavy, M.D. and certain Class B stockholders of Inovalon in an all-cash transaction with an enterprise value of approximately $7.3 billion. Under the terms of the agreement, Inovalon stockholders will receive $41.00 per share in cash for each share of Class A Common Stock or Class B Common Stock, representing a 25.3% premium over the closing price of Inovalon Class A Common Stock on July...

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MEDIROM Healthcare Technologies Inc., Announces the Timing of its Release of 2021 Interim Earnings

NEW YORK, Aug. 19, 2021 (GLOBE NEWSWIRE) — MEDIROM Healthcare Technologies Inc. (Nasdaq CM: MRM), a Japanese based holistic healthcare Company (the “Company”), today announced its intention to release interim financial results for the six months ended June 30, 2021 (the “2021 Interim Results”) at or around the end of October 2021. As a foreign private issuer, the Company is not required under U.S. federal securities laws to file quarterly reports (including quarterly financial information) on Form 10-Q and has no similar obligation under applicable Japanese law. Accordingly, in order to provide insight into the business fundamentals and progress of the Company, the Company has been disclosing monthly Key Performance Indicators, or KPIs, since March 2021 on the investor relations page of its website at https://medirom.co.jp/en/ir,...

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Tornado Global Hydrovacs Reports Second Quarter 2021 Results

CALGARY, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TGH: TSX-V) today reported its unaudited condensed consolidated financial results for the Three and Six Months ended June 30, 2021. The unaudited condensed consolidated financial statements and MD&A have been filed on SEDAR and can be reviewed at www.sedar.com and on the Company’s web site www.tornadotrucks.com. Financial and Operating Highlights (in CAD $000’s except per share data)  Three months ended June 30   Six Months ended June 30    2021     2020       2021     2020             Revenue (1) $ 7,071   $ 6,405     $ 15,049   $ 18,243  Cost of sales (1)   5,208     5,027       10,962     15,281  Gross Profit   1,863     1,378       4,087     2,962  Gross Profit %   26.3%     21.5%       27.2%     16.2%             Selling...

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Investeringsforeningen Nykredit Invest – offentliggørelse af halvårsrapport 2021

Bestyrelsen for Investeringsforeningen Nykredit Invest har i dag behandlet og godkendt halvårsrapport for foreningen for 2021. Første halvår af 2021 blev præget af optimistiske toner på de finansielle markeder. Udrulning af vaccinationsprogrammer i mange lande holdt covid-19 pandemien i skak, og myndighederne begyndte gradvist at fjerne de foranstaltninger, der var indført for at begrænse smittespredningen. Samfundene blev langsomt genåbnet, og de økonomiske aktiviteter viste tegn på en begyndende normalisering i løbet af 1. halvår. Primo 2021 forventede foreningens ledelse for hele året et svagt negativt afkast i foreningens afdelinger med korte obligationer, svagt positive afkast i afdelinger med lange obligationer og investment grade obligationer samt moderat positive afkast i aktieafdelingerne. Foreningens aktieafdelinger leverede...

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Dynacor Announces July 2021 Sales of US$16.0 Million (C$20 Million), Achieves a Record Monthly Production of 10,383 Gold AuEq Ounces and is Presently Reviewing Its 2021 Sales and Earnings Guidance

MONTREAL, Aug. 19, 2021 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced US$16.0 million (unaudited) (C$20 million) in sales for July 2021. The Corporation’s July gold production increased to 10,383 AuEq ounces, a new monthly record. The solid monthly sales are due to the Corporation purchasing over 14,000 tonnes and processing over 12,000 tonnes of gold ore combined with a healthy gold price market and the recent plant expansion to 430 TPD (tonnes per day). The average selling price of gold per ounce in July was US$1,796. At the beginning of the year, Dynacor issued financial guidance forecasting US$150 million in sales and a net income of US$6.9 million (US$0.18...

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First Onsite Property Restoration Further Broadens Geographic Footprint

Acquires Complete DKI and Moore Restoration TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired Complete DKI (“Complete”) and Moore Restoration, Inc. (“Moore”). Terms of the two transactions were not disclosed. Headquartered in Pensacola, Florida, Complete is a leading provider of disaster restoration services in the Florida Panhandle region. Complete’s three offices provide emergency and catastrophe response, construction services, environmental services, and fire, smoke and water damage repair to a broad range of commercial and insurance clients. Complete’s depth of experience in the Florida Panhandle and along the Gulf Coast reinforces First Onsite’s presence across...

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WestStar Adopts nCino to Improve Customer Experience

Enforce helps WestStar implement nCino platform to increase speed and simplify loan origination process WILMINGTON, N.C., Aug. 19, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that $2.5 billion-asset WestStar Bank is now live on the nCino Bank Operating System®. WestStar is utilizing nCino’s Commercial Banking Solution, which provides the bank with a robust, flexible, and highly configurable solution for its employees and commercial clients. WestStar worked with Enforce Consulting to implement nCino’s cloud-based digital platform in a matter of months. “As a leader in our region for commercial banking, we needed a top of the line, best in class solution that we knew could grow with us and keep up with...

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Midland Makes a New Gold Discovery on Its Lewis Project Northwest of the Nelligan Deposit

Figure 1 Abitibi Geology-Midland Gold ProjectsAbitibi Geology-Midland Gold ProjectsFigure 2 Lewis Project LocationLewis Project LocationFigure 3 Lewis Geology and New 2020-21 DiscoveriesLewis Geology and New 2020-21 DiscoveriesFigure 4 Lewis Mag TD and New 2020-21 DiscoveriesLewis Mag TD and New 2020-21 DiscoveriesFigure 5 IP Ore-Vision SurveyIP Ore-Vision SurveyFigure 6 IP Chargeability Map&TargetsIP Chargeability Map&TargetsFigure 7 Golden Nest New ShowingGolden Nest New ShowingFigure 8 Golden Nest Sample A0358475Golden Nest Sample A0358475Figure 9 Golden Nest Sample A0361223Golden Nest Sample A0361223MONTREAL, Aug. 19, 2021 (GLOBE NEWSWIRE) — Midland Exploration...

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Simply Better Brands Corp. Closes the Acquisition of ‘TRUBAR’ Nutrition Brand Adding to Its Plant-Based Wellness Portfolio

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — Simply Better Brands Corp‎. (the “Company” or “Simply Better Brands”) (TSX Venture: SBBC), is pleased to announce that, further to a news release issued on March 3, 2021, the Company has closed its acquisition of TRU Brands Inc. (“TRU BRANDS”), a leading health and wellness brand specializing in nutritious snacks for women. Founded in 2018 under the female-led parent company TRUWOMEN, TRU BRANDS has grown into a nationally-recognized brand and is sold online and through major U.S. retailers, including Target, Costco, Whole Foods, and Fresh Thyme. Their line of dessert-inspired protein bars are made with plant-based ingredients such as cassava, cacao, and brown rice protein, and are certified vegan, gluten-free and kosher, as well as dairy and soy-free, non-GMO...

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American Lithium Commences Environmental Assessment Process with BLM, Updates Plan of Operations and Provides Update on Work Programs at TLC

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce that the Bureau of Land Management (“BLM”) is currently reviewing an Administrative Draft Environmental Assessment (“EA”) for American Lithium’s proposed Plan of Operations (“PO”) for its Tonopah Lithium Claims Project (“TLC”). This PO was filed in January 2021 and accepted as complete by the BLM in June 2021 (see press release dated June 17, 2021). The PO has been updated as part of the EA process to reflect latest changes introduced through the EA and now proposes drilling from up to 110 drill sites as well as excavating five test pits to acquire samples for metallurgical testing. In addition, with the EA combining all previously planned phases...

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