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Day: December 18, 2021

Relevium Provides Bi-Weekly Update to Management Cease Trade Order and Shares for Debt Settlement

MONTRÉAL, Dec. 18, 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”). BI-WEEKLY MCTO UPDATEAs 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...

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Maersk Drilling and Aker BP agree to renew frame agreement with five-year commitment for two jack-up rigs

Today, The Drilling Company of 1972 A/S (“Maersk Drilling”) and Aker BP ASA (“Aker BP”) have entered into a Heads of Agreement to renew and extend the frame agreement that establishes Maersk Drilling as the jack-up rig drilling partner. The agreement entered into today confirms Aker BP’s and Maersk Drilling’s commitment to renew the frame agreement by a five-year period and includes a commitment from Aker BP for the provision of the ultra-harsh environment jack-up rigs Maersk Integrator and Maersk Invincible for activities offshore Norway during this period. The revised set-up will allow Aker BP to assign the two rigs to multiple operations with multi-purpose use of the rigs during the frame agreement period. Different rate structures will apply during the period reflecting different operating modes, agreed incentive schemes, and market...

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Private Placement Markets introduces its Transportation Ventures Funds

Steve Muehler, the Managing Member of the Private Placement Markets stated, “The transportation industry is a $77 Billion Industry that is changing, growing and creating new technologies and submarkets, and growing just not here on Earth, but pioneering into space. The future of transportation involves moving into new, smarter sources of energy, modes of transport and physical and technological infrastructure to support these transportation innovations. Our Transportation fund with its seven investment strategies, will focus on a mix of more established companies with large market caps down to smaller growth companies that have limited barriers for growth” The funds investment objectives are available at www.PPMDebt.com and www.PPMEquity.com.The portfolio of Private Placement Companies is a growing global provider of Insurance, mortgage...

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First Hawaiian, Inc. CFO to Leave the Company in January 2022

HONOLULU, Dec. 17, 2021 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ: FHB), the parent company of First Hawaiian Bank announced today that Ravi Mallela, Executive Vice President and Chief Financial Officer of First Hawaiian, Inc. and First Hawaiian Bank, has resigned for personal reasons, effective at the close of business on January 7, 2022. Effective January 8th, Ralph Mesick, Vice Chairman and Chief Risk Officer, will serve as interim CFO as the company conducts a search for a permanent replacement.  “Ravi has been a key member of our management team over the last three years,” said Bob Harrison, chairman, president, and CEO. “We would like to thank Ravi for his contributions and wish him well.” “It has been a privilege to work at such a fine and storied institution as First Hawaiian Bank,” said First Hawaiian CFO, Ravi Mallela....

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First Citizens, CIT Announce Receipt of Regulatory Approvals for Merger

RALEIGH, N.C. and NEW YORK, Dec. 17, 2021 (GLOBE NEWSWIRE) — First Citizens BancShares, Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that their previous proposal to merge the two companies has received approval from the Board of Governors of the Federal Reserve System today. The merger has previously received approvals from the Federal Deposit Insurance Corporation and the Office of the North Carolina Commissioner of Banks. Completion of the proposed merger remains subject to a 15-day waiting period and the satisfaction or waiver of other customary closing conditions and is expected to occur as soon as practicable in early January 2022. The combined company will operate under...

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Purpose Investments Inc. Announces December Monthly Distributions and Final Annual 2021 Capital Gains Distributions

TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of December 2021 and final annual 2021 capital gain distributions for its open-end exchange traded funds and closed-end funds (“the Funds”). December 2021 Monthly Distributions The ex-distribution date for all ETFs is December 24, 2021, with the exception of Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of December 31, 2021. The ex-distribution date for all closed-end funds is December 30, 2021.   Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $0.08501 12/29/2021 01/10/2022 MonthlyPurpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 12/29/2021 01/10/2022 MonthlyPurpose...

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InMed Announces Results of 2021 Annual General Meeting

VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the development, manufacturing and commercialization of rare cannabinoids, today confirmed that, at its annual general meeting of shareholders held on December 17, 2021 (the “Meeting”), all of the matters put forward before shareholders for consideration and approval as set out in InMed’s notice of meeting and management information circular, dated October 28, 2021, were approved by the shareholders. In particular, shareholders approved the election of all director nominees to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. Results of the vote for the election of directors at the Meeting are set out as follows:Director Votes...

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Western Uranium & Vanadium Corp. Closes Non-Brokered Private Placement

FOR IMMEDIATE RELEASE Toronto, Ontario and Nucla, Colorado , Dec. 17, 2021 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) of 372,966 units (the ”Units”) at a price of CAD$1.60 per Unit. The aggregate gross proceeds raised in this Private Placement amount to CAD$596,746. Each Unit consists of one common share of Western (a “Share“) plus one common share purchase warrant of Western (a “Warrant”). Each Warrant shall entitle the holder to purchase one Share at a price of CAD$2.50 per Share for a period of three years following the closing date of the Private Placement.  A total of 372,966 Shares and 372,966 Warrants are being issued in the Private Placement. The...

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Sabre Gold Announces Results of 2021 Annual and Special Meeting of Shareholders

VANCOUVER, British Columbia, Dec. 17, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (TSX:SGLD; OTCQB:SGLDF) (the “Company” or “Sabre Gold”) announces that shareholders voted in favor of all resolutions presented in its management information circular at the Annual and Special Meeting of Shareholders (the “Meeting”) held on December 17, 2021. A total of 238,344,192 common shares were voted at the Meeting, representing 37.66% of the votes attached to all outstanding common shares and voting results are as follows:      VotesDescription Outcome Votes For WithheldElection of Directors      William M. Sheriff Carried 191,329,827 32,170,653    85.61% 14.39%Fahad Al Tamimi Carried 188,681,371 34,819,109    84.42% 15.58%Claudio Ciavarella Carried 188,653,959 34,846,521    84.41% 15.59%Tony Lesiak Carried 193,719,460 29,781,020    86.68% 13.33%Stefan...

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