Month: August 2021

Monmouth Board of Directors Reiterates Support for Merger with Equity Commonwealth

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

Unanimously Determines Revised Proposal from Starwood Does Not Constitute a Superior Proposal Shareholders Urged to Vote “FOR” the Amended EQC Transaction on the WHITE Proxy Card HOLMDEL, N.J., Aug. 23, 2021 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR, “Monmouth” or “the Company”) announced that its Board of Directors (the “Board”) has reaffirmed its unanimous support for the Company’s pending merger with Equity Commonwealth (NYSE: EQC, “EQC”). The Board, in consultation with Monmouth’s financial and legal advisors, carefully considered the following factors, among others, and once again concluded that the merger with EQC remains in the best interest of Monmouth stockholders:The merger provides Monmouth stockholders with the option to elect to receive $19.00 in cash per Monmouth common share, or...

authID.ai Announces Pricing of Public Offering and Nasdaq Listing

Written by Customer Service on August 23, 2021. Posted in Public Companies.

Long Beach, NY, Aug. 23, 2021 (GLOBE NEWSWIRE) — authID.ai (www.authid.ai) (Nasdaq: AUID) (“authID” or the “Company”), a leading provider of secure, mobile, biometric identity authentication solutions, today announced the pricing of its underwritten public offering of 1,428,571 shares of its common stock at a public offering price of $7.00 per share, for gross proceeds of approximately $10 million, before deducting underwriting discounts, commissions and estimated offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 214,285 shares of common stock to cover over-allotments at the public offering price, less the underwriting discount. All of the shares of common stock are being offered by the Company. The offering is expected to close on August 26, 2021, subject to...

Perseus Mining Updates Yaouré Life of Mine Plan

Written by Customer Service on August 23, 2021. Posted in Public Companies.

Figure 1Yaouré Gold Project LayoutFigure 2Yaouré Gold Mine – Scheduled monthly ex-pit material movement by cutbackFigure 3Yaouré Gold Mine – Annual Tonnes and Grade to MillPERTH, Western Australia, Aug. 24, 2021 (GLOBE NEWSWIRE) — Perseus Mining Limited (ASX/TSX: PRU) has updated its Life of Mine Plan (“LOMP”) for the Yaouré Gold Mine in Côte d’Ivoire, West Africa (“Yaouré”). HIGHLIGHTSUpdated Measured and Indicated Mineral Resources1 associated with Yaouré are estimated to be 51.3 million tonnes grading 1.34 g/t gold containing 2.21 million ounces of gold at a cut-off grade of 0.4g/t within an optimal pit shell constrained at a gold price of US$1,800/oz. Updated Inferred Resources1 are estimated to be 47 million tonnes, grading 1.1 g/t gold and containing 1.7 million...

Perseus Mining Updates Mineral Resources & Ore Reserves

Written by Customer Service on August 23, 2021. Posted in Public Companies.

Executive SummaryFigure 1:Change in Yaouré Ore Reserves – June 2020 to June 2021Figure 2:Change in Sissingué Ore Reserves – June 2020 to June 2021Figure 3:Change in Edikan Ore Reserves – June 2020 to June 2021PERTH, Western Australia, Aug. 24, 2021 (GLOBE NEWSWIRE) — Perseus Mining Limited (ASX/TSX: PRU) wishes to update the estimates of the Mineral Resources and Ore Reserves at each of its West African operations as outlined in Table 1 and Table 2 below. The report with JORC tables is available for download from www.perseusmining.com and www.asx.com.au. Table 1: Perseus Mining Mineral Resources – 30 June 2021 1,2,4Project Measured Resources Indicated Resources Measured & Indicated Resources Inferred ResourcesQuantity Grade Gold Quantity Grade Gold Quantity Grade Gold Quantity Grade GoldMt g/t...

Media Central Announces Option Grants

Written by Customer Service on August 23, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Media Central Corporation Inc. (“MCC” or the “Company“) (CSE: FLYY) announces that it has granted an aggregate of 4,000,000 stock options to advisors of the Company, each of which entitles the holder to acquire one common share of MCC at an exercise price of $0.02 until the earlier of (i) July 16, 2026; and (ii) the date the optionee ceases to be a service provider of the Company. The options vest as to 25% immediately, as to a further 25% on each of October 16, 2021, January 16, 2022 and April 16, 2022. About Media Central Corporation Inc.Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) is an alternative media company situated to acquire and develop high-quality publishing...

Evolve Announces Completion of Amended Credit Agreement Supporting Business Strategy Shift

Written by Customer Service on August 23, 2021. Posted in Public Companies.

HOUSTON, Aug. 23, 2021 (GLOBE NEWSWIRE) — Evolve Transition Infrastructure LP (“Evolve”) (NYSE American: SNMP) today announced it has executed the previously announced amendment to its credit agreement with the Royal Bank of Canada (“RBC”). The amended credit agreement provides Evolve with a $65 million term loan facility and a $5 million revolving credit facility, with RBC providing the entire principal amounts of both facilities. The amended credit agreement has a maturity date of September 30, 2023 and provides Evolve with increased flexibility to pursue the expansion of its strategic pivot towards energy transition investments and a more favorable amortization profile. Evolve CFO, Chuck Ward, commented, “We are very pleased with the support we received from RBC in amending our current credit agreement to provide, among...

Univest Securities, LLC Announces Closing of Upsized $18 Million Preferred Stock Offering for its Client Mechanical Technology, Incorporated (Nasdaq: MKTYP)

Written by Customer Service on August 23, 2021. Posted in Public Companies.

NEW YORK, Aug. 23, 2021 (GLOBE NEWSWIRE) — Univest Securities, LLC, a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of an upsized underwritten public offering for the sale of 720,000 shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, with a $25.00 liquidation preference per share (the “Series A Preferred Stock”), at a price to the public of $25.00 per share for aggregate gross proceeds of $18,000,000 by its client Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), the parent company of EcoChain, Inc. (“EcoChain”), a cryptocurrency mining business powered by renewable energy, and MTI Instruments, Inc. (“MTI Instruments”), a test and measurement instruments...

Vitru Limited invites you to a webcast and conference call referring to the Definitive Agreement for the Business Combination with UniCesumar

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

FLORIANÓPOLIS, Brazil, Aug. 23, 2021 (GLOBE NEWSWIRE) — Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it entered into a definitive agreement for a business combination, through its wholly-owned subsidiary Vitru Brasil Empreendimentos, Participações e Comércio S.A., of 100% of the total share capital of CESUMAR – Centro de Ensino Superior de Maringá Ltda, or “UniCesumar”. Vitru will host a corresponding webcast and conference call on August 24, 2021 at 9:00 a.m. Eastern time (10:00 a.m. Brazilian time). A live and archived webcast of the call will be available on the Events section of Vitru’s Investor Relations website at https://investors.vitru.com.br. Investors may listen to the conference call by dialing in to +1(844) 204-8942 (U.S. Toll-Free), +1(412) 717-9627 (International), or +55(11) 4090-1621 (Brazil), password...

Vitru Limited Enters into a Definitive Agreement for the Business Combination with Unicesumar

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

FLORIANÓPOLIS, Brazil, Aug. 23, 2021 (GLOBE NEWSWIRE) — Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it entered into a definitive agreement for a business combination, through its wholly-owned subsidiary Vitru Brasil Empreendimentos, Participações e Comércio S.A., of 100% of the total share capital of CESUMAR – Centro de Ensino Superior de Maringá Ltda, or “Unicesumar”. Unicesumar is a leading and fast-growing higher education institution in Brazil focused on the distance learning market, founded 30 years ago in Maringá/PR and led by the Matos Family since then. As of March 31, 2021, it had 760 hubs and 331 thousand students, including 314 thousand in digital education. According to the latest INEP higher education census released in Sept. 2020 by the Brazilian Ministry of Education (Ministério da Educação),...

Quipt Home Medical Reports Record Third Quarter Fiscal 2021 Financial Results

Written by Customer Service on August 23, 2021. Posted in Earnings Releases And Operating Results.

Posts Revenue Growth of 41% and Adjusted Ebitda Growth of 21% Strong Organic Growth Of 11% YTD as Compared to 2020 CINCINNATI, Aug. 23, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, today announced its third quarter fiscal 2021 financial results and operational highlights. These results pertain to the three and six months ended June 30, 2021 and are reported in U.S. Dollars. Quipt will host its Quarterly Earnings Conference Call on Tuesday, August 24, 2021 at 10:00 a.m. (ET). The dial-in number is 1 (800) 309-4610 or 1 (604) 638-5340. Financial Highlights:Revenue for Q3 2021 was $26.2 million compared to $18.6 million for Q3 2020, representing a 41% increase in revenue year-over-year....

Month: August 2021

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