Day: December 24, 2021

Eolus and Hydro REIN enters partnership to jointly develop up to 672 MW of Swedish wind power

Eolus and Hydro REIN enters partnership to jointly develop up to 672 MW of Swedish wind power

Hässleholm, Sweden, December 24th, 2021 Eolus and Hydro REIN enters a partnership for joint development and realization of a portfolio of nine Swedish wind power projects in early development phase. The projects with a potential installed capacity of up to 672 MW are located in SE3 and SE4. Within the frame of the partnership Hydro Rein acquires 50% of the 672 MW portfolio owned by Eolus. Eolus and Hydro REIN have signed an agreement to enter a partnership targeting the joint development and realization of a 672 MW portfolio owned by Eolus in Sweden. Within the frame of the partnership Hydro REIN acquires 50% of the portfolio with a profit sharing mechanism between the parties when the projects reach construction stage. Eolus and Hydro REIN will jointly with an Eolus lead develop and establish the projects going forward. The portfolio...

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Wereldhave and StoreShippers create same-day delivery platform

Wereldhave and StoreShippers create same-day delivery platform

Wereldhave is launching a same-day delivery service in partnership with StoreShippers. The new service will allow retailers to fulfill orders quickly, efficiently and sustainably. Same-day delivery will bring other benefits, too. Stores, in effect, will have a new function – to act as decentralized warehouses. At the same time, products bought online will be shipped directly, increasing floor space productivity and improving possible future rental growth. The new service provides proof of the potential of last-mile delivery, and fits well with Wereldhave’s current Full Service Center strategy. Pilots for the service have already been set up with StoreShippers in three Wereldhave centers: one in Belgium – Ring Shopping at Courtrai – and two in the Netherlands, Cityplaza in Nieuwegein and Middenwaard in Heerhugowaard. Wereldhave...

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Fairfax Announces Preliminary Results of Substantial Issuer Bid

Fairfax Announces Preliminary Results of Substantial Issuer Bid

TORONTO, Dec. 24, 2021 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax” or the “Company”) (TSX: FFH and FFH.U) announced today the preliminary results of its substantial issuer bid initially announced on November 17, 2021 (the “Offer”), pursuant to which the Company offered to purchase for cancellation a number of its subordinate voting shares (“Shares”) for an aggregate purchase price not to exceed US$1.0 billion at a purchase price of not less than US$425.00 and not more than US$500.00 per Share. The Offer expired at 5:00 p.m. (Toronto time) on December 23, 2021. In accordance with the terms and conditions of the Offer, and based on the preliminary calculations from Computershare Investor Services Inc. (the “Depositary”), as depositary for the Offer, Fairfax expects to take up and purchase for cancellation 2,000,000...

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Avicanna Completes First Commercial Export of CBG Into the European Union

Avicanna Completes First Commercial Export of CBG Into the European Union

Aureus First commercial export of Cannabigerol (CBG), a rare cannabinoid, into Czech Republic First commercial export of Cannabigerol (CBG), a rare cannabinoid, into Czech Republic This export represents the 14thinternational market entrance for Avicanna products TORONTO, Dec. 24, 2021 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Company“) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce that, through its majority owned Colombian subsidiary, Santa Marta Golden Hemp S.A.S. (“SMGH”), it has expanded reach for its Aureus raw materials in the European Union with a commercial export of purified cannabigerol (“CBG”) into the Czech Republic. The completed export into...

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Eldorado Gold Announces Normal Course Issuer Bid

Eldorado Gold Announces Normal Course Issuer Bid

VANCOUVER, British Columbia, Dec. 24, 2021 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) announces that the Toronto Stock Exchange (the “TSX”) has accepted for filing the Eldorado’s Notice in respect of a normal course issuer bid (the “NCIB”) to be transacted through the facilities of the TSX and/or through alternative trading systems, including the New York Stock Exchange (“NYSE”). Pursuant to the NCIB, Eldorado may purchase up to 1,421,373 of its common shares (the “Shares”) representing approximately 0.8% of the total 182,659,032 common shares of the Eldorado issued and outstanding as at December 17, 2021. Purchases will be made at prevailing market prices commencing December 30, 2021 (other than for purchases through the NYSE, which will commence January 29, 2022) and ending December 29, 2022. Pursuant...

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Microbix Receives $4.7 Million Order for Viral Transport Medium

Microbix Receives $4.7 Million Order for Viral Transport Medium

Follow-on Order from Government of Ontario Procurement Authorities MISSISSAUGA, Ontario, Dec. 24, 2021 (GLOBE NEWSWIRE) — Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator and exporter, announces receipt of a follow-on order of C$ 4.7 million for its viral transport medium (generically known as “VTM” and branded “DxTM™” by Microbix). DxTM is a sample-collection device that is essential for PCR-based testing for viruses that cause COVID-19 disease. This further order has been made by a procurement authority representing the Province of Ontario. This entire order for DxTM is binding and is expected to result in C$ 1.75 million of revenues in the Q1 of fiscal 2022 ending 31 December, 2021. The balance of the order will be delivered across Q2 and Q3 of fiscal 2022; quarters respectively ending...

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P2 Gold Provides Update on BAM Project

P2 Gold Provides Update on BAM Project

VANCOUVER, British Columbia, Dec. 24, 2021 (GLOBE NEWSWIRE) — P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) reports on planned 2022 activities at its gold-copper BAM Project, located in the Golden Triangle in northwest British Columbia and status of the Todd Creek and Natlan option agreements. BAM 2022 Exploration Program With the closing of the financings (see P2 news release of December 23, 2021), the BAM 2022 Exploration Program is fully funded. The program is planned to commence with a Z‐Tipper Axis Electromagnetic (“ZTEM”) airborne geophysical survey late spring 2022 in an effort to identify the source of the surface epithermal mineralization encountered in the BAM 2021 Exploration Program. The program is also expected to include 8,000 to 10,000 meters of diamond drilling to expand on the surface epithermal mineralization...

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ALPHAMIN ANNOUNCES RECEIPT OF PROCEEDS FROM SUBSIDIARY DISTRIBUTION AND WARRANT EXERCISES

ALPHAMIN ANNOUNCES RECEIPT OF PROCEEDS FROM SUBSIDIARY DISTRIBUTION AND WARRANT EXERCISES

MAURITIUS, Dec. 23, 2021 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX)( “Alphamin” or the “Company”), a producer of 4% of the world’s mined tin1 from its high grade operation in the Democratic Republic of Congo, is pleased to announce that its 84,14% owned operating subsidiary, Alphamin Bisie Mining SA (“ABM”), has completed a distribution to shareholders of US$35m. The Company has received approximately US$29.5m of this distribution. In addition, as a result of recent exercises of share purchase warrants issued by the Company in April 2019 and which expire on April 8, 2022, the Company has now received aggregate proceeds of approximately CDN$20.2 million from the exercise of such warrants. The warrants are exercisable at a price of CDN$0.30 per share and if all remaining outstanding warrants are exercised...

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Hire GDR Privee For Having Expert Advice Of Charles Gregoire De Rothschild For Augmented Sales

Sales is the ultimate goal of a business. It is the most important factor that keeps your business active. If there is a regular flow of customers, your business has money and employees have engagements. If the products are doing well in the market, you can expand the market or think of more innovative or attractive products. Sales are pivotal around which the business revolves. In this extremely tough market, your sales and marketing need the utmost focus. Sometimes, you may not have that business intelligence to support your sales and marketing. Again, when you are planning expansion outside your comfort zone, you need a thorough analysis of the targeted market. This is where you need the professional service of Charles Gregoire De Rothschild and his team at GDR Privee. The whole process of sales needs appropriate strategy and sound...

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Tinley’s Products Receive Notice to Purchase from Ontario Cannabis Store for Expected April 2022 Release

Tinley’s Products Receive Notice to Purchase from Ontario Cannabis Store for Expected April 2022 Release

Tinley’s full Canadian cannabis-infused beverage lineup includes sparking, ready-to-drink Tinleys Classics™ mocktails, and multiple-occasion, liqueur and sprits-inspired Tinleys ’27™ varieties (artwork shown not final). Tinley’s full Canadian cannabis-infused beverage lineup includes sparking, ready-to-drink Tinleys Classics™ mocktails, and multiple-occasion, liqueur and sprits-inspired Tinleys ’27™ varieties (artwork shown not final). TORONTO and LOS ANGELES, Dec. 23, 2021 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (CSE:TNY; OTC:TNYBF) (“Tinley’s” or the “Company”) is pleased to announce that the Company and its two Canadian licensed co-packers have now completed their submissions of the additional technical, marketing and training documentation requested by the Ontario Cannabis Store (“OCS”) following...

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