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Day: January 20, 2022

PHI Group Signs Definitive Agreement to Acquire Majority Ownership in a Baijiu (“bye-joe”) Distiller

* Shareholder and Investor Conference Call Scheduled at 4:30 pm EST, January 20, 2022 New York, Jan. 20, 2022 (GLOBE NEWSWIRE) — PHI Group, Inc. (www.phiglobal.com, PHIL), a holding company currently engaged in PHILUX Global Funds (a group of Luxembourg bank funds), the Asia Diamond Exchange project (“ADE”) in Vietnam, mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that it has signed an Agreement of Purchase and Sale (the “Agreement”) to acquire a seventy percent (70%) ownership in Five-Grain Treasure Spirits Co., Ltd., (“Five-Grain”) a company with over one hundred years of tradition in Jilin Province, China. This is a unique, special situation transaction that is expected to create substantial value for the Company, our shareholders and all other stakeholders. According to...

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Information on German Federal Cartel Office investigation

Information on German Federal Cartel Office investigation _PRESS RELEASE_ Paris, January 20th, 2022 – Nexans informs that the German Federal Cartel Office are carrying out searches at two Nexans’ sites in Germany today. The searches are part of an investigation on cable manufacturers concerning alleged coordination of industry-standard metal surcharges in Germany. Nexans is cooperating with the German authorities. About Nexans For over a century, Nexans has played a crucial role in the electrification of the planet and is committed to electrify the future. With around 25,000 people in 38 countries, the Group is leading the charge to the new world of electrification: safe, sustainable, renewable, decarbonized and accessible to everyone. In 2020, Nexans generated 5.7 billion euros in standard sales.The Group is a leader in the design and...

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UCASU may close its 1st cannabis property at 77% off marked price

$UCASU – UC Asset may close its 1st cannabis property at 77% off marked priceCannabis FarmATLANTA, Jan. 20, 2022 (GLOBE NEWSWIRE) — UC Asset LP (OTCQX: UCASU) announces the company is finalizing the acquisition of a piece of cannabis property in Oklahoma City, at the price of $500,000, which will be 77% less than the original marked price of $2.2 million. The property is a 4-acre medical marijuana indoor/outdoor property, including several buildings, greenhouses, and remodeled containers. Annual output may generate sales between $500,000 to $900,000 if leased to a seasoned grower. “At this moment, it looks like we will be able to close the property at $500,000,” declares Greg Bankston, managing general partner of UC Asset. “The seller originally asked for $2.2 million. After our initial due diligence, we...

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Aktia issued a EUR 500 million covered bond

Aktia Bank PlcPress release20 January 2022 at 4.30 p.m. Aktia issued a EUR 500 million covered bond On Tuesday 18 January 2022, Aktia Bank Plc issued a new EUR 500 million covered bond, due in October 2028. The bond was priced at a negative margin compared to swap rates (MS -1). This was the first Finnish covered bond in 2022. Aktia’s previous corresponding issue took place in 2019. The final order book included subscription offers corresponding to over EUR 1.1 billion from over 45 investors. Most of the orders were received from the Nordic countries, approximately 43 per cent, more than half of them from Finnish investors. Subscription orders were also submitted for example from Germany and Austria (35 per cent) and from the Netherlands and Luxembourg (14 per cent). The issuing banks were ABN Amro, Danske Bank, LBBW, Nordea and Swedbank. “The...

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Unaudited consolidated interim accounts for the fourth quarter and twelve months of 2021

Segments (EURm) Q4/21 Q4/20 yoy 12m/21 12m/20 yoySupermarkets 151,4 143,4 5,6% 569,0 524,4 8,5%Department stores 32,7 29,4 11,4% 93,4 88,8 5,2%Cars 29,6 25,1 18,1% 145,8 117,6 24,0%Security segment 2,3 2,0 16,0% 8,2 6,0 35,9%Real Estate 1,5 1,4 5,1% 5,3 5,1 3,1%Total sales 217,5 201,3 8,1% 821,6 741,9 10,7%             Supermarkets 6,3 3,5 80,3% 20,5 15,5 31,9%Department stores 0,3 0,9 -69,0% -0,7 -1,4 -50,4%Cars 1,6 0,4 342,8% 7,4 2,2 242,7%Security segment -0,1 0,0 100,0% 0,0 0,0 -217,6%Real Estate 4,1 2,6 56,9% 12,1 10,1 19,9%IFRS 16 -0,4 -0,8 -46,3% -2,9 -2,4 17,8%Total profit/loss before tax 11,9 6,6 78,9% 36,5 24,0 52,3%In the fourth quarter of 2021, the consolidated unaudited sales revenue of the Group was 217.5 million euros, which was 8.1% more than the sales revenue of the same period...

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Cedarmont Capital and ShinyBud Announce Filing of Filing Statement and Amended Definitive Combination Agreement

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Jan. 20, 2022 (GLOBE NEWSWIRE) — Cedarmont Capital Corp. (“Cedarmont” or the “Company” (TSXV:CCCA.P), a capital pool company under the policies of the TSX Venture Exchange (the “TSXV”), and Shiny Bud Inc. (“ShinyBud”) are pleased to announce that (i) the TSXV has conditionally approved the Company’s proposed qualifying transaction (the “Transaction”) with ShinyBud and Mihi Inc. (“mīhī”), completion of which will result in a reverse take-over of the Company and anticipated name change to “ShinyBud Corp.” (the “Resulting Issuer”), (ii) the parties have entered into an amending agreement amending the terms of the definitive agreement (the “Combination Agreement”) in respect of the Transaction, and (iii) in accordance with...

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Rockwell Medical Announces Regulatory Approval of Triferic® Dialysate in South Korea

Two product forms of Triferic® are now approved in South Korea WIXOM, Mich., Jan. 20, 2022 (GLOBE NEWSWIRE) — Rockwell Medical, Inc. (Nasdaq: RMTI), a biopharmaceutical company dedicated to transforming the treatment of iron deficiency and anemia management worldwide, today announced that its partner in South Korea, Jeil Pharmaceutical Co., Ltd. (“Jeil”), has received a second regulatory approval by the Ministry of Food and Drug Safety of the Republic of Korea for Triferic® Dialysate (ferric pyrophosphate citrate sodium sulfate co-precipitate hydrate) for maintaining hemoglobin in adult patients with hemodialysis-dependent chronic kidney disease (HDD-CKD). “Chronic kidney disease continues to be a growing problem in South Korea, where Global comparative data shows that it ranks 4th in the world in prevalence of end-stage kidney...

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CareCloud Extends the Power of its Business Intelligence Platform to Independent Practice Market Segment

PrecisionBI Lite captures critical data insights for small, high-growth practices SOMERSET, N.J., Jan. 20, 2022 (GLOBE NEWSWIRE) — CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the launch of its abridged business intelligence platform, PrecisionBI Lite (PBI Lite), to expand the company’s addressable market and extend powerful, financial analytics and business insights to small, independent practices. PBI Lite is a financial analytics platform thoughtfully designed to give cross-functional leaders of independent practices a powerful, holistic view of their financial data through a decluttered dashboard experience. The platform empowers administrators and physicians to make data-backed business decisions without bogging...

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Gourmet Provisions International Corp. (GMPR) Announces $4 Million+ in Commitments to Finalize Black Rock Deal

Pittsburgh, PA, Jan. 20, 2022 (GLOBE NEWSWIRE) — Gourmet Provisions International Corporation (OTC Pink: GMPR) today announced they have secured $4,000,000+ in commitments from four separate groups to finalize the previously announced acquisition of 4 existing Black Rock Bar & Grill’s, a new location in Southfield Michigan and the master franchise rights for Georgia & Western Pennsylvania. The general terms of the investment agreements are a small discount to market that will be executed upon the uplisting to NASDAQ. In addition to the acquisition some of the funds will be utilized towards building Gourmet Provisions International existing wholly owned subsidiaries and the acquisition of other brands. James Vowler President & CEO of Gourmet Provisions International Corp. stated, “Finalizing the Black Rock deal is...

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Kartoon Channel! Appoints Former Senior Walt Disney Company Executive as Chief Revenue and Marketing Officer for Newly Announced KC! Kidaverse

Todd SteinmanKartoon Channel! Appoints Former Senior Walt Disney Company Executive Todd Steinman as Chief Revenue and Marketing Officer for Newly Announced KC! KidaverseGenius Brands, InternationalKartoon Channel! Appoints Former Senior Walt Disney Company Executive as Chief Revenue and Marketing Officer for Newly Announced KC! KidaverseBEVERLY HILLS, Calif., Jan. 20, 2022 (GLOBE NEWSWIRE) — Genius Brands International (“Genius Brands”) (NASDAQ: GNUS) today announced the appointment of Todd Steinman to the Kartoon Channel! Executive Team as Chief Revenue and Marketing Officer of the Company’s recently announced Kartoon Channel! Kidaverse. Steinman is an esteemed growth marketing executive who most recently served as Vice President in the Direct to Consumer and International division at The Walt...

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