Day: December 17, 2021
VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — Regimen Equity Partners Inc. (“Regimen”) is pleased to announce the acquisition of The Hemisphere Group (“Hemisphere” or “the Company”) by its portfolio company, All Gold Imports Inc. (“All Gold”). Hemisphere is a strategic acquisition and substantially increases All Gold’s presence in the northeastern US. Hemisphere’s founder, Adam Green, will continue as President with strategic direction and oversight coming from All Gold and Regimen.
Located in Smithtown, NY, Hemisphere is an established importer and distributor of bulk nuts, seeds, and dried fruits. The Company sources and supplies high quality products in the US and internationally. Over the past three decades, Hemisphere has gradually expanded its product selection while maintaining a reputation of providing exceptional,...
Stitch Fix Announces New Employee Inducement Grant
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SAN FRANCISCO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that effective December 14, 2021, the compensation committee of the company’s board of directors granted Linda Aiello the option to purchase 315,347 shares of the company’s Class A common stock, at a per share exercise price of $18.50, and restricted stock units to acquire 52,558 shares of the company’s Class A common stock. The stock options vest over three years, with one sixth of the shares vesting on the six-month anniversary of Ms. Aiello’s grant date and the remainder vesting in equal monthly installments thereafter, subject to Ms. Aiello’s continued service on each vesting date. The restricted stock units vest over three years, with one sixth of the shares vesting on June 15, 2022,...
Interfor Expands and Extends Its Revolving Credit Facility
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BURNABY, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced that it has closed an early renewal and expansion of its revolving credit facility with a syndicate of major Canadian and U.S. banks co-led by RBC Capital Markets, TD Securities and Wells Fargo.
The commitment amount under the facility has been increased by C$150 million to a total of C$500 million, and the term of the facility has been extended from March 2024 to December 2026. The security, covenants and pricing grid remain unchanged. In addition, the renewal includes the increased ability to secure additional long-term debt financing, which will enhance the Company’s ongoing financial flexibility.
At September 30, 2021, Interfor had C$836 million of available liquidity, including C$509 million...
Zai Lab Partner argenx Announces U.S. Food and Drug Administration (FDA) Approval of VYVGART™ (efgartigimod alfa-fcab) in Generalized Myasthenia Gravis
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VYVGART is the first and only FDA-approved neonatal Fc receptor blocker68% of anti-acetylcholine receptor (AChR) antibody positive gMG patients treated with VYVGART were responders (n=44/65) on the Myasthenia Gravis – Activities of Daily Living (MG-ADL) scale compared with 30% of patients treated with placebo (n=19/64) (p
Velocity Files Revised Technical Report on SEDAR for Rozino Gold Project, Southeast Bulgaria
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VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — Velocity Minerals Ltd. (TSXV: VLC) (“Velocity” or the “Company”) reports that it has filed a revised National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report for the Rozino gold project, located in southeast Bulgaria.
The NI 43-101 technical report is entitled “Revised NI 43-101 Technical Report Pre-Feasibility Study for the Rozino Gold Project, Bulgaria” (the “Technical Report”) and is dated December 15, 2021 and dated effective September 28, 2020. The Technical Report was prepared pursuant to NI 43-101 by CSA Global, an international mining consultancy with experience in Bulgaria. The Technical Report is available on the Company’s SEDAR profile at www.sedar.com and is available on the Company’s website at www.velocityminerals.com.
About...
Skyharbour Resources Engages TD Media LLC
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Vancouver, BC, Dec. 17, 2021 (GLOBE NEWSWIRE) — Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) announces it has entered into an agreement with TD Media LLC (“TD Media”) to provide strategic digital media and consulting services to the Company. TD Media delivers services to a diverse group of clients across North America, providing strategic digital media services, marketing, advertising and data analytic services. The Company and TD Media act at arm’s length. Under the terms of the agreement, TD Media will provide strategic digital media services including marketing services, news dissemination, data analytics services, content development, media buying and distribution, campaign reporting and optimization, as well as potentially attracting option / joint venture...
Sysco Announces Election of Three New Directors
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HOUSTON, Dec. 17, 2021 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today that three new directors, Ali Dibadj, Jill M. Golder and Alison Kenney Paul, will join the company’s board of directors effective Jan. 1, 2022, expanding the size of the board to 13 members. These new directors were appointed in connection with the board’s ongoing refreshment efforts, and will stand for reelection at Sysco’s next Annual Meeting of Stockholders on Nov. 18, 2022.
Edward D. Shirley, Sysco’s chairman of the board, said, “We are very pleased to welcome Ali, Jill and Alison to our board. Together, their strong leadership, new perspectives and critical knowledge from experiences across a range of industries will be extremely valuable to Sysco as the company works to...
Sulliden Mining Capital Inc. Announces Appointment of Peter Hooper, Renowned Mining Executive, to the Board of Directors
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TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Sulliden Mining Capital Inc. (TSX: SMC) (“Sulliden” or the “Company”) is pleased to announce the addition of Mr. Peter Hooper to its Board of Directors effective immediately.
Mr. Hooper is a senior mining executive with broad-based experience in production, engineering, re-organization and training, contracting, exploration and corporate affairs in the mining sector. Responsibilities have ranged from general manager to president, directing companies or projects in the international arena with investment capital or market capitalization of $20 million to $300 million.
The Company also announces the resignation of Mr. Stephane Amireault from its Board of Directors. The board and management of Sulliden...
Imperial Petroleum Inc. Announces the Date for the Release of the Third Quarter and Nine Months 2021 Financial and Operating Results, Conference Call and Webcast.
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ATHENS, Greece, Dec. 17, 2021 (GLOBE NEWSWIRE) — Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services announced today that it will release its third quarter and nine months’ operating and financial results for the period ended September 30, 2021 before the market opens in New York on December 21, 2021.
On December 21, 2021 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 866 280 1157 (US Toll Free Dial In) or 08006941461 (UK Toll Free Dial In).Access Code: 9869442 In case of any...
Stem Holdings Announces Divestiture of E-Commerce and Delivery Operations and Management Changes
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Divestiture of Driven Deliveries, Inc. and its subsidiaries will immediately return 12.5 million shares to treasury, reduce total liabilities by $7.1 million, and increase working capital by $4.1 million
Total expenses will be reduced by $9.6 million annually, positioning the Company to achieve a positive Adjusted EBITDA in CY 2022
Company will focus all resources on high-growth, high-margin vertically integrated cultivation, processing and retail operations in California and Oregon
Adam Berk has resigned as CEO and Steve Hubbard, co-founder and current CFO, has been appointed interim CEO
BOCA RATON, Fla., Dec. 17, 2021 (GLOBE NEWSWIRE) — Stem Holdings, Inc. (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem”), a vertically integrated cannabis operator, today announced the divestiture of its wholly owned subsidiary Driven Deliveries,...