Day: January 25, 2022

Kornit Digital to Acquire Tesoma, Enhancing Range of End-to-End Solutions for On-Demand Fashion and Textile Production

Written by Customer Service on January 25, 2022. Posted in Mergers And Acquisitions.

Executing on strategic pillar of digitizing production floor with a smart, seamless, and sustainable end-to-end workflow ROSH HA’AYN, Israel, Jan. 25, 2022 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies, announced today that it has entered into a definitive agreement to acquire Lichtenau, Germany-based Tesoma. Tesoma is globally recognized for the high-quality engineering and performance of its cutting-edge textile curing solutions. Tesoma’s technology and solutions align with Kornit’s strategy to add smart automation capabilities within its innovative, sustainable on-demand production solutions, empowering customers to improve productivity, optimize quality, and reduce the total cost of ownership—all in a more sustainable...

TerraVerdae Bioworks to acquire PolyFerm Canada

Written by Customer Service on January 25, 2022. Posted in Mergers And Acquisitions.

TerraVerdae expands its PHA technology portfolio to create new biodegradable bioplastic products EDMONTON, Alberta, Jan. 25, 2022 (GLOBE NEWSWIRE) — TerraVerdae Bioworks Inc. (the Company) is pleased to announce that it has signed a binding letter of intent to acquire 100 per cent of the equity of PolyFerm Canada. TerraVerdae is a world-leading performance biopolymers company dedicated to developing sustainable alternatives to petroleum-based plastics in order to reduce climate impacts and the growing build-up of plastic trash on land and in water. PolyFerm has a unique technology portfolio of biobased and biodegradable elastomeric polymers known as medium chain length polyhydroxyalkanoate (mcl-PHAs). The addition of PolyFerm will strengthen TerraVerdae’s core capabilities and enhance the Company’s ability to produce biopolymers...

Osisko Announces Agreement to Acquire a Metals Stream on the High-Grade Trixie Mine in Utah’s Historic Tintic Mining District

Written by Customer Service on January 25, 2022. Posted in Mergers And Acquisitions.

Figure 1: T2 Structure Underground Composite Face SamplesFigure 1: T2 Structure Underground Composite Face SamplesMONTREAL, Jan. 25, 2022 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that its wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”) has signed a non-binding term sheet with Osisko Utah LLC, a wholly-owned subsidiary of Osisko Development Corp. (collectively “ODV”) (ODV: TSX-V), with respect to a US$20-40 million metals stream (the “Stream”) to facilitate ODV’s acquisition of the high-grade Trixie Mine (the “Trixie Mine”), as well as mineral claims covering more than 17,000 acres in Central Utah’s historic Tintic Mining District (the “Tintic Property”). ODV announced today that it has agreed to acquire a 100% interest in the...

Osisko Development to Acquire Tintic Consolidated Metals

Written by Customer Service on January 25, 2022. Posted in Mergers And Acquisitions.

CHARLESTOWN, Nevis, Jan. 25, 2022 (GLOBE NEWSWIRE) — IG Tintic LLC (the “Company”) which is the 75% owner and operator of the Tintic Consolidated Metals LLC (“TCM”) Joint Venture, is pleased to announce it has entered into a definitive agreement with Osisko Development Corp. (“Osisko Development”) whereby Osisko Development will acquire its 75% participation in TCM (the “Transaction”) in exchange for aggregate consideration of approximately US$135,000,000 comprised of cash and Osisko shares and a 1% net smelter return royalty on the entire property owned by TCM, which is located in the East Tintic District of Utah. Through the completion of the Transaction, which will occur simultaneously with the completion of Osisko Development’s acquisition of the remaining 25% interest in TCM, Osisko Development will acquire 100% ownership...

Daseke Reports Record Results for Fourth Quarter and Full Year 2021

Written by Customer Service on January 25, 2022. Posted in Public Companies.

Freight network optimization and strategic deployment of ‘Asset-Right’ model into healthy freight rate environment drive solid fourth quarter and full-year results ADDISON, Texas, Jan. 25, 2022 (GLOBE NEWSWIRE) — Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, today reported financial results for the fourth quarter and full year ended December 31, 2021 and provided 2022 outlook. Fourth Quarter 2021 Highlights:Revenue of $394.3 million, up 17.5% year-over-year Net Income of $7.1 million, or $0.09 per diluted share attributable to common stockholders, compared to $6.1 million in the fourth quarter of 2020 Adjusted Net Income ex-Aveda of $13.0 million, or $0.18 per diluted share attributable...

MakeMyTrip Limited Announces Fiscal 2022 Third Quarter Financial & Operating Results

Written by Customer Service on January 25, 2022. Posted in Public Companies.

New York, Jan. 25, 2022 (GLOBE NEWSWIRE) — MakeMyTrip Limited Announces Fiscal 2022 Third Quarter Financial & Operating ResultsAttachmentMakeMyTrip Limited Announces Fiscal 2022 Third Quarter Financial & Operating Results

WTW celebrates new name and Nasdaq ticker symbol with market opening ceremony

Written by Customer Service on January 25, 2022. Posted in Public Companies.

CEO Carl Hess leads Nasdaq bell ringing ceremony to mark Willis Towers Watson’s new future as WTW ARLINGTON, Va., Jan. 25, 2022 (GLOBE NEWSWIRE) — Following the recent announcement by Willis Towers Watson to rebrand as WTW, combined with the company’s new Nasdaq ticker symbol (NASDAQ: WTW), the company today led Nasdaq’s market opening bell ringing ceremony. Speaking from the Nasdaq podium, WTW CEO, Carl Hess, said, “Since 2016 we have been known as Willis Towers Watson, the combination of Willis and Towers Watson. Now we move forward as WTW, both a celebration of our rich history and the promise of our unified future as One WTW. “I’m incredibly proud of the progress we’ve made as a company, under the banner of different names throughout our remarkable history. Today WTW is more than the product of any one individual’s contributions...

Blue Star Foods Will Receive $5 Million Investment from The Lind Partners

Written by Customer Service on January 25, 2022. Posted in Public Companies.

Increase in Working Capital Will Enable the Company to Purchase More Supply and Ramp Revenue Miami, FL, Jan. 25, 2022 (GLOBE NEWSWIRE) — Blue Star Foods Corp., (Nasdaq:BSFC) (“Blue Star” or “BSFC”), an integrated Environmental, Social, and Governance (ESG) seafood company, today announced that it has entered into a securities purchase agreement with Lind Global Fund II LP, an investment entity managed by The Lind Partners, LLC (together, “Lind”), pursuant to which Blue Star will issue and sell a convertible note in the principal amount of $5,750,000, which includes a 15% original issue discount, and a five-year warrant to purchase an aggregate of 1,000,000 shares of common stock exercisable at $4.50. The transaction is subject to the satisfaction of customary closing conditions. Key terms of the secured 24 month note include a...

Newcrest withdraws from Option and Farm-in Agreement for the Caña Brava/Tioloma gold-copper Project in Ecuador

Written by Customer Service on January 25, 2022. Posted in Public Companies.

OTTAWA, Jan. 25, 2022 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) announces that Newcrest International Pty Limited (“Newcrest”), a subsidiary of Newcrest Mining Limited (ASX: NCM) has notified Cornerstone and its subsidiary Cañabrava Mining S.A. that Newcrest intends to withdraw from the option and farm-in Agreement Cornerstone’s Caña Brava and Tioloma properties in Ecuador (Figures 1 and 2) (the “Project”) targeting epithermal gold-silver and porphyry gold-copper deposits in south central Ecuador (see news release 19-11 dated April 22, 2019). Figures related to this news release can be seen in PDF format by accessing the version of this release on the Company’s website (www.cornerstoneresources.com) or by clicking on the link below: https://cornerstoneresources.com/site/assets/files/5840/nr22-03figures.pdf. President...

Aerojet Rocketdyne Holdings, Inc. Announces Update on Proposed Merger Transaction with Lockheed Martin

Written by Customer Service on January 25, 2022. Posted in Mergers And Acquisitions.

EL SEGUNDO, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) — Earlier this month, Lockheed Martin and Aerojet Rocketdyne agreed with the Federal Trade Commission (FTC) that we would not close the transaction before Jan. 27, 2022, to enable the parties to discuss the scope and nature of the merchant supply and firewall commitments previously offered by Lockheed Martin. Aerojet Rocketdyne has been advised by the FTC that its concerns regarding the transaction cannot be addressed adequately by the terms of the proposed consent order. We believe it is highly likely that the FTC will vote to sue to block the transaction and expect they will make a decision before Jan. 27, 2022. If the FTC sues to block the transaction, Lockheed Martin could elect to defend the lawsuit or terminate the merger agreement. Aerojet Rocketdyne continues to believe...

Day: January 25, 2022

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