Month: March 2022

Sale of Telenor Myanmar approved by Myanmar authorities

Written by Customer Service on March 18, 2022. Posted in Public Companies.

(Fornebu 18 March 2022) Telenor Group has been informed that the Myanmar Investment Commission has given final regulatory approval to the sale of Telenor Myanmar to M1 Group. During the regulatory approval process the Myanmar authorities made it a condition that M1 Group should have a local partner in the ownership of Telenor Myanmar after the transaction between Telenor and M1 closes. “Telenor has to leave Myanmar to be able to adhere to our own values on human rights and responsible business, and because local laws in Myanmar conflict with European laws. The security situation is extreme and deteriorating, and we must ensure that our exit does not increase the safety risk for employees. With limited options available, the sale of Telenor Myanmar is deemed to be the most realistic alternative to keep our employees safe. Because of the...

Noble Corporation and Maersk Drilling announce Executive Management Team for Combined Company

Written by Customer Service on March 18, 2022. Posted in Mergers And Acquisitions.

Sugar Land and Copenhagen, 18 March 2022 – Noble Corporation (NYSE: NE) (“Noble”) and The Drilling Company of 1972 A/S (CSE: DRLCO) (“Maersk Drilling”) today announced the executive management team to be effective after the closing of the business combination announced on November 10, 2021. The combined company will have a proven management team led by Robert W. Eifler as President and Chief Executive Officer. Mr. Eifler commented, “This highly capable management team, comprised of existing leadership from both Noble and Maersk Drilling, will bring significant experience and strong leadership values to the combined company. Together, we will work to quickly and successfully integrate the two businesses and help deliver a differentiated value proposition for both our customers and shareholders.” Other members of the executive management...

Premium Liquid Labs sold at auction to Lumo Group

Written by Customer Service on March 18, 2022. Posted in Mergers And Acquisitions.

TORONTO, March 17, 2022 (GLOBE NEWSWIRE) — For years, Premium Liquid Labs better known as Premium Labs proudly touted its “A Drop Above the Rest” motto with a strong foothold in the Canadian market. With its sale in February to the Lumo Group company, many vapers will once again be able to get their favourite Dr. Fog brands like Decoded, All Stars, World’s Best and Evercloud. Lumo agreed to buy all the assets in a winning auction bid for the Premium Labs brand, including intellectual property for original recipes and manufacturing equipment, the company said Tuesday. The deal for Premium Labs, which filed for bankruptcy in September 2021 was finalized last month. Lumo did not acquire any of the company’s debt but has recognized that prior to the bankruptcy Premium Labs management received payment for orders that weren’t fulfilled...

Canacol Energy Ltd. Reports a 10% Increase in Realized Contractual Natural Gas Sales Volumes, 24% Increase in Adjusted Funds from Operations and Net Income of $7 million in Q4 2021

Written by Customer Service on March 18, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 17, 2022 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months and year ended December 31, 2021, as well as its conventional natural gas reserves for the year ended December 31, 2021. Dollar amounts are expressed in United States dollars, with the exception of Canadian dollar unit prices (“C$”) where indicated and otherwise noted. Highlights for the three months and year ended December 31, 2021Realized contractual natural gas sales volumes increased 10% and 6% to 185.9 million standard cubic feet per day (“MMscfpd”) and 181.4 MMscfpd for the three months and year ended December 31, 2021, compared to 169.8 MMscfpd and 171.6 MMscfpd for the same periods in 2020, respectively....

PureGold Announces Granting of Stock Options and RSUs

Written by Customer Service on March 18, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, March 17, 2022 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), announces that the board of directors of the Company has approved the grant of an aggregate of 830,000 incentive stock options and 939,100 Restricted Share Units (“RSUs”) to certain employees pursuant to its Stock Option and RSU Plans. The stock options have an exercise price of $0.75 and have vesting periods over three years and expire after five years. The RSUs are payable in common shares of the Company on exercise, have a range of vesting periods over three years and must be redeemed withing 30 days of March 17, 2025, or they expire. ON BEHALF OF THE BOARD “Troy Fierro“ Troy Fierro, President & CEO Investor inquiries: Adrian O’Brien, Director, IR & CommunicationsTel:...

CORRECTION – Badger Infrastructure Solutions Ltd. Announces 2021 Fourth Quarter and Annual Financial Results and a Dividend Increase

Written by Customer Service on March 17, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 17, 2022 (GLOBE NEWSWIRE) — In a release issued earlier today by Badger Infrastructure Solutions Ltd. (TSX:BDGI) please note that all references to the normal course issuer bid have been excised. The corrected release follows: Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported fourth quarter and annual 2021 results today. All results are presented in Canadian dollars unless otherwise stated. 2021 Fourth Quarter and Annual Financial and Operational HighlightsRevenue in the quarter was $152.9 million and $568.8 million for the year, up 17.1% and 1.8% respectively from 2020. Gross profit margin in the quarter was 19.0% and 20.9% for the year, compared with 24.1% and 29.4% respectively in 2020. Adjusted EBITDA in the quarter was $16.8 million and $72.5 million...

Nutriterra® Clinical Trial Published by Frontiers in Nutrition, Results Demonstrate Efficacy of Plant-Based Total Omega-3

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

Peer reviewed human clinical trial confirms the safety and efficacy of Nutriterra®, a novel plant-based source of seven omega-3 fatty acids.Nutriterra Total Omega-3 Plant-Based Total Omega-3 CapsuleNutriterra and Ocean of Nutrition Nutriterra supports human health and ocean habitatsWest Sacramento, March 17, 2022 (GLOBE NEWSWIRE) — Nuseed Nutritional US Inc., (nuseed.com) conducted a human clinical trial confirming the safety and efficacy of Nutriterra® as a novel plant-based source of seven omega-3 fatty acids. Frontiers in Nutrition, a leading peer-reviewed scientific journal, published the results of this research after a thorough evaluation of the study. Nuseed Nutritional welcomes this validation of Nutriterra as a sustainable, non-marine source of essential fatty acids. Nutriterra is the world’s first land-based source...

Badger Infrastructure Solutions Ltd. Announces 2021 Fourth Quarter and Annual Financial Results, a Dividend Increase and a Normal Course Issuer Bid

Written by Customer Service on March 17, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 17, 2022 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported fourth quarter and annual 2021 results today. All results are presented in Canadian dollars unless otherwise stated. 2021 Fourth Quarter and Annual Financial and Operational HighlightsRevenue in the quarter was $152.9 million and $568.8 million for the year, up 17.1% and 1.8% respectively from 2020. Gross profit margin in the quarter was 19.0% and 20.9% for the year, compared with 24.1% and 29.4% respectively in 2020. Adjusted EBITDA in the quarter was $16.8 million and $72.5 million for the year, compared with $22.0 million and $122.8 million respectively in 2020. Adjusted EBITDA margin in the quarter was 11.0% and 12.7% for the year, compared with 16.8% and 22.0% respectively...

Global Crossing Airlines Announces US$6.0 million Financing

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

MIAMI, March 17, 2022 (GLOBE NEWSWIRE) — Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce a US$6.0 million offering of non-convertible debentures (the “Offering”). The lead investor in the Offering is Alterna Capital Partners LLC (“Alterna”), through an affiliate of Alterna Core Capital Assets Fund II, L.P., with a US$2.5 million commitment. Alterna is a real asset investor with a specific focus on transportation assets. The investment represents Alterna’s commitment to support GlobalX with its growth strategy and is made in conjunction with various leasing partnerships. Alterna was founded in 2007 and currently manages over US$600 million across two private equity funds, one credit fund and co-investments. The Offering will consist of non-convertible...

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Fluidigm Stockholders Vote “FOR” ALL Proposals Related to $250 Million Strategic Capital Infusion

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

Fluidigm Board of Directors Unanimously Recommends Stockholders Vote “FOR” ALL Proposals TODAY SOUTH SAN FRANCISCO, Calif., March 17, 2022 (GLOBE NEWSWIRE) — Fluidigm Corporation (NASDAQ:FLDM), today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have recommended that Fluidigm stockholders vote “FOR” ALL proposals related to the previously announced strategic capital infusion from leading life sciences and biotechnology-focused investors Casdin Capital, LLC (“Casdin”) and Viking Global Investors LP (“Viking”) at the Company’s upcoming Special Meeting of Stockholders (the “Special Meeting”) scheduled for March 25, 2022. In its March 8, 2022 report, ISS stated1, “A vote FOR the proposal is warranted… [T]here is substantial doubt regarding...

Month: March 2022

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