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Year: 2021

Conclusion of contract under law of obligations

On 15 December 2021, Hepsor N170 OÜ, an associated company of Hepsor AS, and Lumipood OÜ signed a sale-purchase agreement for the sale of approximately 1,500 square meters of commercial space. Rental agreement for the commercial space located on the first floor of a soon-to-be-competed 11-storey commercial and residential property at Priisle 1 in Tallinn has been signed with Selver AS. The transaction cost is approximately 2.7 million euros, which will be paid upon concluding the real right contract. Hepsor AS has a 25% stake in Hepsor N170 OÜ, its associated company. “Significant interest in Priisle 1 commercial space characterizes commercial real estate market as a whole. We chose the best possible partner with long-term vision for the commercial space of an excellent location and strong anchor tenant,” said Henri Laks, Member of the...

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Saint Jean Carbon to Begin Trading on the OTCQB Under the Symbol TORVF

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Calgary, Alberta, Canada, Dec. 15, 2021 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“SJC” or the “Company”), (TSXV: SJL) (OTCQB: TORVF) a mining and battery technology company, is pleased to announce that it has received approval to trade on the OTCQB® Venture Market (“OTCQB”) as of December 15, 2021. The Company will trade under the existing symbol TORVF on the OTCQB. Dr. William (Bill) Pfaffenberger, President and CEO of SJC, commented, “With the approval to trade on the OTCQB Venture Market, SJC will be able to increase and expand its exposure and presence in the U.S. market and to investors. The greater ease of trading will allow for more liquidity and activity for the Company. As the mining technology and battery market begins to gain greater...

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TransUnion Forecasts Originations to Non-Prime Borrowers Will Continue to Rise for Many Credit Products in 2022

TransUnion’s financial services forecast explores future credit trends for auto, credit card, mortgage and personal loans2022 TransUnion Consumer Credit Forecast2022 TransUnion Consumer Credit ForecastCHICAGO, Dec. 15, 2021 (GLOBE NEWSWIRE) — Continued expansion of lending, including to non-prime consumers, is expected to occur in 2022 with origination levels reaching or surpassing pre-pandemic levels, according to the newly released TransUnion (NYSE: TRU) Financial Services 2022 Consumer Credit Forecast. For auto loans and personal loans, consumers who are generally higher risk are accounting for a growing share of origination volume, with the forecast providing insights that explain why such broader lending will benefit the overall consumer credit market. TransUnion’s forecast found that the auto, credit card...

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BioAdaptives’ LungFlute Marketing Agreement and New Product

Las Vegas, NV, Dec. 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — BioAdaptives, Inc. (OTCMkts: BDPT) announced that it has entered into a Marketing Agreement with Acoustic Innovations LLC, the developer of the LungFlute™ OscPEP (Oscillating Positive Expiratory Pressure) medical device.  The LungFlute™ is an FDA-cleared medical device, with proven health benefits related to improved lung hygiene and function, as well as the facilitation of pulmonary disease diagnosis.  The parties’ Agreement provides BioAdaptives with marketing rights for the LungFlute™ in the US and Canada as well as other countries where the device is registered and approved for sale.  Currently, the LungFlute™ is supported by multiple clinical studies and is approved for sale in China, Australia, the EU, and most of Asia.   The patented LungFlute™ creates...

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Public Safety and Security Market to Reach USD 867.92 Billion by 2028; Elbit Systems Ltd. Engages in Deal with Korea Aerospace Industries Ltd. (KAI) to Widen Business Territories: Fortune Business Insights™

Companies Profiled in Public Safety and Security Market are Kroll, LLC (New York, U.S.), Cisco System (California, U.S.), Hexagon AB (Stockholm, Sweden), SAAB (Stockholm, Sweden), Alcatel-Lucent Enterprise (Boulogne-Billancourt, France), BAE Systems (Farnborough, U.K.), Elbit Systems (Haifa, Israel), Ericsson (Stockholm, Sweden), General Dynamics (Virginia, U.S.), Harris (Florida, U.S.) Pune, India, Dec. 15, 2021 (GLOBE NEWSWIRE) — The global Public Safety and Security Market size was USD 394.40 billion in 2020. The market is projected to grow from USD 434.73 billion in 2021 to USD 867.92 billion in 2028 at a CAGR of 10.4% in the 2021-2028 period. Fortune Business Insights™ publishes this information in its report, titled, “Public Safety and Security Market, 2021-2028.” Public safety and security are essential for financial expansion...

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TRI POINTE HOMES ANNOUNCES THE LAUNCH OF 55+ LIFESTYLE COMMUNITY BRAND, ALTIS

Altis at Skyline, north of Los Angeles, is the latest development in the homebuilder’s brand appealing to today’s sophisticated 55+ homebuyer through thoughtful, modern, and environmentally friendly designAltis™ at TerramorLocated in Temescal Valley, California, the Altis at Terramor neighborhood consists of 75 homes from the high $500,000’s.Altis™ BeaumontResort-style amenities at Altis Beaumont located in Southern California’s Inland Empire include the 16,000-square-foot VuePoint residents’ club.INCLINE VILLAGE, Nev., Dec. 15, 2021 (GLOBE NEWSWIRE) — Tri Pointe Homes® (NYSE:TPH) has announced the launch of Altis™, the official lifestyle brand for all of the company’s 55+ age-qualified communities nationwide. With three communities already open in California, the Altis active-adult brand...

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Conn’s Announces Authorization of $150 Million Share Repurchase Program

THE WOODLANDS, Texas, Dec. 15, 2021 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced its Board of Directors has authorized a $150 million share repurchase program for the Company’s outstanding stock. The authorization to repurchase expires on December 14, 2022. Chandra Holt, Conn’s Chief Executive Officer, commented, “The Board’s decision to repurchase our common stock reflects the positive momentum underway across our business, our strong balance sheet and the confidence we have in our future. The $150 million share repurchase program is the largest in Conn’s history and represents approximately 30% of our current market capitalization. We...

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EVERYTHING BLOCKCHAIN FILES QUARTERLY FINANCIALS WITH SEC

REPORTS THIRD QUARTER EARNINGS OF $0.38 PER SHARE AND YEAR TO DATE EARNINGS OF $0.92 PER SHARE Jacksonville, Florida, Dec. 15, 2021 (GLOBE NEWSWIRE) —Revenue was $4.9 million for the three months ended October 31, 2021, as compared to $0.1 million for the three months ended October 31, 2020, and $11.6 Million for the nine months ended October 31, 2021, as compared to $0.1 million for the nine months ended October 31, 2020. Net profit was $3.2 million for the three months ended October 31, 2021, as compared to a net loss of $0.1 million for the three months ended October 31, 2020, and $6.5 Million for the nine months ended October 31, 2021, as compared to a net loss of $49.4 million for the nine months ended October 31, 2020.December 15, 2021 – Everything Blockchain, Inc., (OTC Markets: OBTX) an advanced platform architect,...

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Changes in the Management Board of Coop Pank AS, in the Supervisory Boards of Bank’s subsidiaries and in Audit Committee

The Supervisory Board of Coop Pank AS elected Mr. Paavo Truu as the new Member of the Management Board and Chief Financial Officer, replacing Kerli Lõhmus, the current Chief Financial Officer. Paavo Truu´s term of office as a Member of the Management Board commences on 16 February 2022 and is effective until 15 February 2025. Paavo Truu will also be elected to be a Member of the Supervisory Boards of Coop Finants AS, Coop Liising AS, Coop Kindlustusmaakler AS and CP Varad AS, all subsidiaries of Coop Pank AS. His term of office as a Supervisory Boards Member shall commence on 16 February 2022. In connection with the election of Paavo Truu as a Member of the Management Board of Coop Pank AS and a Member of the Supervisory Boards of subsidiaries, Paavo Truu will be recalled as the Chairman of the Audit Committee of Coop Pank as of 16 February...

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Prosafe SE: Update on financial restructuring and forward-looking statement

Prospectus publishedReference is made to earlier information provided regarding the financial restructuring process of Prosafe SE and Prosafe Rigs Pte. Ltd. (“PRPL”). In preparation for the implementation and closing of the financial restructuring, a listing prospectus for the issuance of new shares in connection with the private placement towards creditors against conversion of total debt of ca. USD 1.1 billion has today been published. The prospectus is attached and is available on https://www.prosafe.com/investor-information/. The Norwegian Financial Supervisory Authority approved the prospectus on 14 December 2021. Implementation of the restructuringProsafe expects implementation of the Step 1 Conversion, as described in the prospectus, to be finalized within the next days where 7 894 088 600 shares will be issued, and...

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