Day: November 19, 2021
Summary
Freight revenues increased by NOK 8.9 million in the third quarter compared with the previous quarter, mainly due to higher rates for the group’s AHTS vessels.
An agreement with the lenders entered into in 2020 clarifies the company’s obligations to the lenders for the period until 2024. The agreement does not prevent the company’s fleet from being reduced as a result of the sale of vessels with lower revenues than operating costs for the individual vessel. Four vessels in lay-up were circulated for sale in the third quarter at the request of lenders in accordance with the provisions of the restructuring agreement. One vessel has been transferred to a new owner after the balance sheet date.Havila Shipping ASA achieved an operating income before depreciation of NOK 53.7 million in Q3 2021, compared with NOK 36.4 million in Q3...
Relevium Provides Update to Management Cease Trade Order and Other Matters
Written by Customer Service on . Posted in Public Companies.
MONTREAL, Nov. 19, 2021 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (the “Company” or “Relevium”) (TSXV: RLV) is providing an update to its previously disclosed management cease trade order (“MCTO”), announced on November 1, 2021, in respect of the audited annual financial statements and corresponding management’s discussion and analysis for the year ended June 30, 2021, including the CEO and CFO certifications (collectively, the “Annual Financial Filings”) that were not filed by the required filing deadline of October 28, 2021 (the “Filing Deadline”).
As previously disclosed, the Annual Financial Filings were not filed on or before the Filing Deadline due to audit resource scheduling and availability required to complete the financial statements and disclosures.
The Company is working expeditiously on the steps...
Centerra Gold Provides Update on Impact of Heavy Rains in British Columbia
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TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) reported today that due to the recent heavy rain, flooding and mudslides in British Columbia, rail service between the Vancouver west coast terminals and the Company’s Mount Milligan Mine has been temporarily disrupted. The disruption affects the movement of Mount Milligan’s concentrate to Vancouver terminals as well as the delivery of some parts and consumables to the mine. Production at the Mount Milligan Mine has not been impacted at this time; however, the overall impact on production and sales will be dependent on, among other things, the duration of the rail disruption. Centerra is focused on protecting the health and safety of employees and contractors and we are continuing to closely monitor the situation.
About...
Center for Allergy & Asthma of Georgia Partners with Southern Ear, Nose, Throat and Allergy Physicians
Written by Customer Service on . Posted in Mergers And Acquisitions.
Fort Lauderdale, Nov. 19, 2021 (GLOBE NEWSWIRE) — Cross Keys Capital, a leading investment bank to physician group practices, healthcare services and technology companies nationally, is pleased to announce it has served as the exclusive sell-side M&A advisor to the Center for Allergy and Asthma of Georgia (CAAG) in its partnership with Southern Ear, Nose, Throat and Allergy Physicians (SENTA). The Cross Keys team, which has extensive experience with allergy transactions, included Victor Kalafa, Director, Chris Gammill, Senior Associate, and Matt Moore, Analyst.
Headquartered in Villa Rica, Georgia, CAAG specializes in providing exceptional healthcare to patients suffering from asthma, allergies, sinus problems, and related pulmonary conditions. The practice includes five board-certified physicians and ten clinical locations....
Biofrontera AG announces mediation results
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Leverkusen, Germany, Nov. 19, 2021 (GLOBE NEWSWIRE) — Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (ISIN: DE0006046113) has been in mediation proceedings with Mr. Wilhelm K. T. Zours and Deutsche Balaton AG for a year in order to find a solution for the settlement of legal disputes and other differences (see ad hoc announcement of September 11, 2020). Mr. Zours is an indirect major shareholder of Biofrontera AG, holding the shares in Biofrontera AG through various companies (hereinafter “Deutsche Balaton Group”). Another major shareholder is Maruho Deutschland GmbH, a subsidiary of Maruho Co. Ltd, Japan. At the upcoming Annual General Meeting of Biofrontera AG on December 14, 2021, new elections to the Supervisory Board will be held as scheduled. In the course of the mediation process, agreement was...
OMNIQ Corp Gives Notice to Acquire an additional 26% of Dangot Computers increasing its ownership of Dangot Computers to 77%
Written by Customer Service on . Posted in Mergers And Acquisitions.
SALT LAKE CITY, Nov. 19, 2021 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ :OMQS) (OMNIQ” or the “Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced the acquisition of an additional 26% of Dangot Computers Ltd. (“Dangot”) increasing OMNIQ’s ownership to 77%. Dangot is a leader in providing state of the art technology enabling frictionless automated order processing & digital payment processing products for retail, fast food and parking, integrated working stations for physicians, drug delivery and blood tests, robotics for smart warehouses, point of sales and other innovative solutions.OMNIQ, notified the seller of the Partial Exercise of its Option according to the Stock Purchase Agreement, dated May 3, 2021.OMNIQ will pay for the additional 26%...
Pacira BioSciences Completes Acquisition of Flexion Therapeutics and Strengthens Leadership Position in Non-Opioid Pain Management
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— Adds highly complementary ZILRETTA® to Pacira commercial offering —
— Combined portfolio offers end-to-end non-opioid solutions along the pain pathway —
TAMPA, Fla. and BURLINGTON, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) — Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced the completion of its previously announced acquisition of Flexion Therapeutics, Inc. (Nasdaq: FLXN).
“This is an exciting day for Pacira BioSciences as this acquisition expands our industry leadership and marks a major milestone in our strategy to build a robust offering of novel, non-opioid treatments to improve patient care along the neural pain pathway,” said David Stack, Chief Executive Officer of Pacira. “ZILRETTA is a highly...
Great Elm Capital Corp. Announces Record and Payment Dates for Fourth Quarter 2021 Quarterly Cash Distribution of $0.10 Per Share
Written by Customer Service on . Posted in Public Companies.
WALTHAM, Mass., Nov. 19, 2021 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that its fourth quarter 2021 distribution of $0.10 per share in cash is payable on December 30, 2021 to stockholders of record as of December 15, 2021.
About Great Elm Capital Corp. Great Elm Capital Corp. is an externally managed business development company that seeks to generate both current income and capital appreciation through debt and income generating equity investments, including investment in specialty finance businesses.
Cautionary Statement Regarding Forward-Looking Statements Statements in this communication that are not historical facts are “forward-looking” statements within the meaning of the federal securities laws. These statements are often,...
22nd Century Group Announces CFO Transition
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Richard FitzgeraldRichard Fitzgerald, new CFO of 22nd Century Group (Nasdaq: XXII)Richard Fitzgerald Joins as Chief Financial Officer
John Franzino Transitions to Chief Administrative OfficerBUFFALO, N.Y., Nov. 19, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (Nasdaq: XXII), a leading agricultural biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and improving health and wellness through modern plant science, announced today that Richard Fitzgerald has joined the Company as its Chief Financial Officer, effective November 15, 2021. John Franzino, the Company’s previous Chief Financial Officer, has transitioned to Chief Administrative Officer, where he will be responsible for further developing the company’s business processes and leading the Company’s financial planning...
Feel Foods to Attend Planted Expo in Vancouver
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VANCOUVER, British Columbia, Nov. 19, 2021 (GLOBE NEWSWIRE) — FEEL FOODS LTD. (the “Company” or “Feel Foods”) (CSE: “FEEL”) (OTC: “FLLLF”) (FSE: “1ZF”) is pleased to announce that it will attending Planted Expo Vancouver (“Planted Expo”) as an exhibitor at booth number 29 on November 20th and 21st at the Vancouver Convention Centre West. Feel will be showcasing its Black Sheep Vegan Cheezes as well as other plant-based products from the Feel Foods family of companies.
Planted Expo Conference Details:Place: Vancouver Convention Centre West BuildingDate: November 20 – 21, 2021Time: 10:00 AM to 5:00 PM DailyTickets: https://www.showpass.com/planted-expo-vancouver-2021/
Planted Expo is Canada’s largest plant-based event of the year where over 250 plant-based edible and lifestyle businesses gather to showcase...