Day: January 25, 2022

THE WOODLANDS, Texas, Jan. 25, 2022 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND) (the “Company”) announced today that it has commenced operations and is delivering sand to its newly-constructed, unit-train-capable transloading terminal in Waynesburg, Pennsylvania. The terminal has more than four miles of track, is located on Norfolk Southern’s Class 1 rail line, services the southwestern portion of the Marcellus Basin and is expected to have transloading capacity in excess of one million tons of frac sand per year.   The terminal will also serve as the Company’s new Northeastern hub for its SmartSystem™ last-mile storage and transloading solutions. “Our new unit-train-capable terminal in Waynesburg, Pennsylvania, allows us to continue growing our presence in the Marcellus Basin,” stated Charles Young, CEO of Smart Sand. “This...

ROCHESTER, N.Y., Jan. 25, 2022 (GLOBE NEWSWIRE) — DSS, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a multinational company with nine operating business lines in diverse, high-growth industries, entered into a stock purchase agreement (the “Agreement”) with Alset EHome International, Inc. (“AEI”) pursuant to which the Company agreed to issue to up to 44,619,423 shares of the Company’s common stock (the “Shares”) for a purchase price of $0.3810 per share. If required by the rules and regulations of the NYSE American, LLC, the issuance of the shares will be subject to the approval of the Company’s shareholders. “This is a strong vote of confidence from our majority shareholder, Alset EHome International,” stated Frank D. Heuszel, DSS CEO. “The further strengthening of our balance sheet with this latest cash infusion will enable...

Requisition for Special Meeting of Shareholders on March 22, 2022 has been withdrawn MONTREAL, Jan. 25, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) today announced that it has entered into a Resolution Agreement with CIFF Capital and TCI (collectively “TCI”). Earlier today, CN announced several changes to its Board including committing to appoint two new independent Directors to the Board by no later than CN’s 2022 Annual General Meeting (“AGM”). The appointments of the two future independent directors to the Board have been mutually agreed between CN and TCI in the Resolution Agreement. As part of that Resolution Agreement, TCI has agreed to withdraw its requisition for a Special Meeting of Shareholders, which was previously scheduled to be held on March 22, 2022, and to support the election of all CN Director nominees at...

VANCOUVER, British Columbia, Jan. 25, 2022 (GLOBE NEWSWIRE) — BC Craft Supply Co. Ltd., (CSE: CRFT) (“CRFT” or collectively, the “Company”), today announced that it has filed a Notice of Intention (“NOI“) to make a Proposal under the Bankruptcy & Insolvency Act (Canada) (the “BIA“). The filing of the NOI has the effect of imposing an automatic 30-day stay of proceedings that will protect the Company and its assets from the claims of creditors while the Company pursues its restructuring efforts. This 30-day period may be renewed with the authorization of the Supreme Court of British Columbia for a period not exceeding six months from the date of filing the NOI. Crowe MacKay & Company Ltd., a licensed trustee, has consented to act as trustee under the Proposal of the Company. Further information...

Jean Charest appointed to CN’s Board of Directors as an independent Director Shauneen Bruder named Vice Chair Two new independent Directors to be appointed to the Board by no later than CN’s 2022 Annual General Meeting MONTREAL, Jan. 25, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) today announced that it has appointed Tracy Robinson as President and Chief Executive Officer and as a member of its Board of Directors, effective February 28, 2022. This appointment follows the previously announced retirement of Jean-Jacques (“JJ”) Ruest, who will depart CN’s Board on February 28, 2022 but remain at CN in an advisory role until March 31, 2022 to ensure a seamless transition. Ms. Robinson, who will be joining CN from TC Energy and previously spent almost three decades at Canadian Pacific, is a well-respected and seasoned public...

WILMINGTON, Del., Jan. 25, 2022 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2021 fourth quarter financial results. The complete financial results release is available on the company’s website at Navient.com/investors. The results will also be available on Form 8-K on the SEC’s website at www.sec.gov. Navient will hold a conference call tomorrow, January 26, 2022, at 8 a.m. ET, hosted by Jack Remondi, president and CEO, and Joe Fisher, CFO. To access the conference call, dial 855-838-4156 (USA and Canada) or 267-751-3600 (international) and use access code 9861258 starting at 7:45 a.m. ET. The live audio webcast will be available on Navient.com/investors. Supplemental financial information and presentation slides used during the call...

STAMFORD, Conn., Jan. 25, 2022 (GLOBE NEWSWIRE) — HCM Acquisition Corp (Nasdaq: HCMAU) (the “Company”), a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced today the closing of its previously announced initial public offering of 28,750,000 units, including 3,750,000 units issued pursuant to the full exercise of the underwriter of its over-allotment option. The units were sold at a price of $10.00 per unit. The Company’s units began trading on January 21, 2022 on the Nasdaq Global Market under the symbol “HCMAU”. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant is exercisable to purchase one Class A ordinary share...

New multi-year charter for 2,200 TEU, 2002-built Kumasi at a rate more than 300% above prior and approximately 20% above sister ship charters agreed in 4Q21 Refinancing activity extends maturity of largest outstanding debt facility from 2024 to 2026, positions Company to eliminate highest-cost debt, and caps interest rate exposure through 4Q26 LONDON, Jan. 25, 2022 (GLOBE NEWSWIRE) —  Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today provided an update on its recent chartering and refinancing activity. The Company has agreed a new three-year charter with a leading liner operator for the 2,200 TEU, 2002-built Kumasi. The charter is scheduled to commence following the vessel’s regulatory drydock in January 2022, at a rate of $38,000 per day. The Company has also agreed a new senior secured debt facility to refinance its outstanding...

JERSEY CITY, N.J., Jan. 25, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal fourth quarter ended December 31, 2021, on Tuesday, February 22, 2022, after the market close. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com. Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, February 23, 2022, at 8:30 a.m. EST (5:30 a.m. PT, 1:30 p.m. GMT). All interested parties are invited to listen to the live event via webcast on the Verisk investor website at http://investor.verisk.com. The discussion will also be available through dial-in number 1-877-755-3792 for U.S./Canada participants or 512-961-6560...

VANCOUVER, British Columbia, Jan. 25, 2022 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the appointment of Rita Theil as the Non-Executive Chair of its Board of Directors effective immediately.  Ms. Theil has extensive governance experience at the board level of both public and private companies, with a particular focus on enterprises operating in highly regulated industries.  She is currently President and Chief Executive Officer of JacKryn Holdings Inc., which is a corporate finance advisory firm specializing in capital markets, strategy development and execution, M&A and merger integration. Her current and former independent board assignments include Allstate Insurance Company of Canada, NewGen Asset Management, WATERTAP Ontario, Global...