Alpha Networks Acquires Corum Client Kinow

Written by Customer Service on February 17, 2022. Posted in Mergers And Acquisitions.

SEATTLE, Feb. 17, 2022 (GLOBE NEWSWIRE) — Corum announces today that their client, Kinow, was acquired by Alpha Networks, a leading European provider of OTT video software headquartered in Brussels, Belgium. Kinow is a turnkey OTT video platform developer used by producers, distributors, media companies, and sports federations. Alpha Networks will leverage Kinow’s SaaS streaming solution to accelerate its growth by offering an extended product line to major operators, media companies, and broadcasters in Europe, Middle East, Africa, Latin America and the United States. “We are proud to have been part in the sale of Kinow to Alpha Networks, two leading companies in the rapidly evolving European OTT Video Software market. The founders of Kinow did a superb job developing a cutting-edge platform and growing the business at a...

Dundee Precious Metals Increases Quarterly Dividend by 33%

Written by Customer Service on February 17, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” of “the Company”) today announced that its Board of Directors has declared a first quarter dividend of US$0.04 per common share, representing a 33% increase to its quarterly dividend. “The increase to our quarterly dividend reflects our continued strong free cash flow generation, balance sheet strength, and our commitment to delivering superior returns to our shareholders through disciplined capital allocation,” said David Rae, President and Chief Executive Officer. “In 2021, we returned a total of $33 million of capital to shareholders between dividends and share repurchases, representing 13% of our free cash flow, and we are now further increasing our dividend reflecting our positive outlook for the business.” The dividend is payable on April...

Mandalay Resources Provides Target Release Date for Fourth Quarter and Full-Year 2021 Financial Results and Conference Call

Written by Customer Service on February 17, 2022. Posted in Public Companies.

TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or “the Company”) (TSX: MND, OTCQB: MNDJF) today announced that its fourth quarter and full-year 2021 financial results will be released after market close on February 24, 2022, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on February 25, 2022, at 8:00 AM (Toronto time). Analysts and interested investors are invited to participate using the following dial-in numbers: Participant Number (Toll free): 877 407 8289 Participant Number: 201 689 8341 Conference ID: 13727325 A replay of the conference call will be available until 11:59 PM (Toronto time), March 11, 2022, and can be accessed using the following dial-in number: Encore Toll Free Dial-in Number: 877...

Goodfellow Reports Its Results for the Fourth Quarter and Fiscal Year Ended November 30, 2021

Written by Customer Service on February 17, 2022. Posted in Public Companies.

DELSON, Quebec, Feb. 17, 2022 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the fourth quarter ended November 30, 2021. The Company reported net earnings of $10.1 million or $1.18 per share compared to net earnings of $5.8 million or $0.67 per share a year ago. Consolidated sales for the three months ended November 30, 2021 were $143.0 million compared to $122.6 million last year. Sales in Canada increased 14% compared to the same period a year ago, while sales in the United States increased 46% and export sales increased 31% compared to the same period a year ago. Selling, administrative and general expenses increased overall by $1.8 million. For the fiscal year ended November 30, 2021, the Company reported net earnings of $37.8 million or $4.42 per share...

Clearway Energy, Inc. Increases Quarterly Dividend to $0.3468 per Share

Written by Customer Service on February 17, 2022. Posted in Public Companies.

PRINCETON, N.J., Feb. 17, 2022 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.3468 per share payable on March 15, 2022, to shareholders of record as of March 1, 2022. This quarterly dividend represents $1.3872 per share on an annualized basis, an increase of 2.0% over the fourth quarter 2021 dividend of $0.34 per share, or $1.36 per share annualized. About Clearway Energy Clearway Energy, Inc. is one of the largest renewable energy owners in the US with over 4,700 net MW of installed wind and solar generation projects. Clearway Energy’s over 8,000 net MW of assets also includes approximately 2,500 net MW of environmentally-sound, highly efficient natural gas generation facilities...

Proactive news headlines including Pacific Empire Minerals, Pure Gold Mining, Vivakor, Potent Ventures, Enveric Biosciences, Nextech AR and American Manganese

Written by Customer Service on February 17, 2022. Posted in Mergers And Acquisitions.

New York , Feb. 17, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Pacific Empire Minerals poised for diamond drilling at flagship Jean Marie project this year click here ESE Entertainment GameAddik set to scale its gaming technology business in a big way in 2022 click here Trillion Energy inks MoU for drilling services with GSP Offshore SRL click here BioLargo says its three current projects are ‘major growth catalysts’ click here Aurion Resources reveals positive results from Risti exploration, plans for 2022 at the Finland project click here Potent Ventures appoints brand development veteran Anthony Gindin as its chief marketing officer ahead of Gummy Project launch click here Boosh completes...

Sorrento Announces That It Has Acquired a Majority Ownership in Diagnostic Manufacturer Zhengzhou Fortune Bioscience in Response to Increasing Worldwide Demand For COVISTIX™

Written by Customer Service on February 17, 2022. Posted in Mergers And Acquisitions.

COVISTIX is a highly sensitive and rapid antigen detection test for SARS-CoV-2 and its major variants of concern (VOCs), including the Omicron variant. COVISTIX has an enhanced sensitivity in detecting the Omicron variant with a more than 10-fold lower limit of detection (LoD) as compared to that of the original SAR-CoV-2 strain. COVISTIX has been approved for emergency use and is on the market in Brazil and Mexico, and is CE marked for sale in Europe for professional point-of-care use. In response to increasing product demand, Sorrento has invested and becomes a majority owner with an option to acquire 100% of FortuneBio, a diagnostic product manufacturer with dozens of approved diagnostic products on the market, and is currently Sorrento’s exclusive OEM manufacturer for COVISTIX. SAN DIEGO, Feb. 17, 2022 (GLOBE NEWSWIRE) —...

Divestment of Two Buildings and Update on the Own Shares Buyback Program

Written by Customer Service on February 17, 2022. Posted in Mergers And Acquisitions.

DIVESTMENT OF TWO BUILDINGS AND UPDATE ON THE OWN SHARES BUYBACK PROGRAM NEXTENSA SELLS THE CRESCENT & MONNET IN LINE WITH ITS NEW STRATEGY NEXTENSA announces the sale of the MONNET building in Luxembourg. In its portfolio since 2006, this prime office building is situated in the heart of the financial district of Kirchberg on Rue Jean Monnet 4 and extends over appr. 4,000 sqm, entirely let to several strong financial tenants. This off-market transaction was performed by Edmond de Rothschild’s Benelux team on behalf of its Benelux Commercial Real Estate Fund, who was advised by Cushman &Wakefield. Last week, in the same line, NEXTENSA sold the leasehold rights of the CRESCENT to the private investors DES / De Weer. A very work-friendly 15,000 sqm office building situated on the Erasmus Campus in Brussels (Anderlecht). Initially...

Monmouth Shareholders Approve Acquisition by ILPT

Written by Customer Service on February 17, 2022. Posted in Mergers And Acquisitions.

Shareholders to Receive $21.00 Per Share in Cash HOLMDEL, N.J., Feb. 17, 2022 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE: MNR), or Monmouth, today announced that its shareholders voted to approve the acquisition of Monmouth by Industrial Logistics Properties Trust, a Maryland real estate investment trust (“ILPT”). “I thank our shareholders for their strong support of this transaction and our talented employees for their hard work and dedication over the years,” said Michael Landy, President and CEO of Monmouth. “With this significant milestone now behind us, we look forward to completing the transaction with ILPT and delivering immediate and certain all-cash value to our shareholders at a significant premium. I’d also like to extend my congratulations and gratitude to our Founder and Chairman, Eugene Landy,...

Northwest Registered Agent Acquires AAEusocial Interweb Technologies

Written by Customer Service on February 17, 2022. Posted in Mergers And Acquisitions.

SPOKANE, Wash., Feb. 17, 2022 (GLOBE NEWSWIRE) — Northwest Registered Agent today announced it has acquired Washington-based pre-startup AAEusocial Interweb Technologies, an innovative IT and software collective focused on accessibilizing workplace leisure opportunities. AAEusocial will form Northwest’s new SkiveTime division and leverage its work in self-supervised learning to maximize the number of sinecure appointments available to the company’s veteran team members. “We are thrilled to be joined by AAEusocial,” said Sina P. Bravo, Northwest’s Senior VP of Acquisitions and the Consolidation of Things. “Paid leisure has always been one of our goals, whether through team outings, company trips, or oversight downgrading. Now, we have the opportunity to achieve, as a company, a near-permanent paid holiday.” The AAEusocial collective...

Day: February 17, 2022

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