Day: April 1, 2022
San Diego, CA, April 01, 2022 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTCQB:HMBL) announced today that it has reduced its debt balance by exchanging promissory notes for common stock.
On March 28, 2022, HUMBL entered into exchange agreements with various noteholders. Pursuant to such agreements, HUMBL exchanged promissory notes representing $3,176,804.61 in outstanding debt obligations for 37,374,172 shares of common stock.
In addition to the note exchange, on March 30, 2022, HUMBL received a $1,500,000 investment from Sartorii, LLC. In exchange for the investment, HUMBL issued a promissory note to Sartorii in the original principal amount of $1,500,000. The note bears interest at 4% per year and is due 36 months from the issuance date. Satorii has the right to accelerate the note and increase the rate of interest to 8% upon the occurrence...
FedNat Receives Nasdaq Notification of Non-Compliance With Listing Rule 5250(c)(1)
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SUNRISE, Fla., April 01, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company (Nasdaq: FNHC), a regional insurance holding company, today announced that on April 1, 2022, it received a letter (the Letter) from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq) notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the year ended December 31, 2021.
The Letter has no immediate effect on the listing or trading of FedNat’s common stock on the Nasdaq Capital Market. The Letter states that the Company is required to submit a plan to regain compliance by May 31, 2022. The Company has advised Nasdaq that it expects to comply with this requirement by filing its 2021 Form 10-K well in advance of the...
Verano Announces Conference Participation for April
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CHICAGO, April 01, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that members of its executive leadership team will present at the following conferences:
Green Growth SummitAaron Miles, Chief Investment Officer, will participate in a panel.DATE: April 6, 2022TIME: 5:00 p.m. CT
BTIG Global Cannabis ConferenceGeorge Archos, Founder and Chief Executive Officer, will participate in a fireside chat and one-on-one meetings.DATE: April 7, 2022TIME: 10:20 a.m. CT
2nd Annual Cantor Virtual Cannabis ConferenceGeorge Archos, Founder and Chief Executive Officer, will participate in a fireside chat and one-on-one meetings.DATE: April 14, 2022TIME: 10:00 a.m. CT
Benzinga Cannabis Capital ConferenceAaron Miles, Chief Investment Officer,...
SFL – Sale of Two Older VLCCs
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This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announces that it has agreed to sell the 2004-built VLCCs Front Energy and Front Force to an unrelated third party. The sales proceeds to SFL are estimated to be approximately $70 million including a compensation from Frontline Ltd. for the early termination of the existing charter. Delivery of the vessels to the buyer is expected to take place early in the second quarter, and a book gain of approximately $2 million is estimated as a result of the sale.
Front Energy and Front Force are the last two vessels remaining from the Frontline fleet acquired in 2004 and 2005. Divesting of older vessels is part of SFL’s strategy to continuously renew...
Barrick Committed to ESG Leadership, Says Executive Chairman
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TORONTO, April 01, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) – Good ESG management is essential to Barrick’s vision of becoming the world’s most valued gold and copper company, says executive chairman John Thornton in the company’s 2022 Information Circular published today and available now at www.barrick.com/agm and also filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov).
The principles of ESG have long been entrenched in Barrick’s commitment to partnership-based business objectives, a philosophy built on engagement, transparency and caring, which recognises the importance not only of the shareholders who own the company but also of its other stakeholders: employees, host countries, the communities around the mines and the company’s business partners.
“Our rigorous focus on performance...
Oncternal Therapeutics Reports Granting of Inducement Award Under Nasdaq Listing Rule 5635(c)(4)
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SAN DIEGO, April 01, 2022 (GLOBE NEWSWIRE) — Oncternal Therapeutics, Inc. (Nasdaq: ONCT), a clinical-stage biopharmaceutical company focused on the development of novel oncology therapies, today announced that it has granted an inducement award to one new employee, Rachel Monet Kenny, who joined the Company as Associate Director, CMC and Clinical Supply Chain.
The award was made on April 1, 2022 under Oncternal’s 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Oncternal as an inducement to join the Company. The award consists of an option to purchase 28,400 shares of Oncternal common stock. The option has a 10-year term and an exercise price equal to the closing price of Oncternal’s common stock on the date of grant. The option vests over a four-year period,...
Trisura Advances ESG Goals by Linking Credit Facility to Targets around Responsible Investment
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The transaction marks a new milestone in the market as the first Canadian insurer to link its credit facility margins to sustainability targets
Trisura worked closely with BMO Capital Markets who acted as the Sustainability Structuring Agent to align the company’s credit facility with Trisura’s commitment to advancing Environmental, Social and Governance (ESG) integrationTORONTO, April 01, 2022 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, has announced the closing of its sustainability-linked credit facility. As a first of its kind for insurers in Canada, the sustainability-linked loan is linked to Trisura’s ambition to further incorporate ESG considerations into its investment activities. The structure introduces an incentive mechanism tied to key performance...
Fairfax India Renews Universal Shelf Prospectus
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TORONTO, April 01, 2022 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India”) (TSX: FIH.U) has filed a short form base shelf prospectus with the Canadian securities regulatory authorities in connection with Fairfax India’s universal shelf renewal.
The shelf prospectus renewal allows Fairfax India to offer from time to time over a 25-month period an unlimited number of debt, equity or other securities. Should Fairfax India offer any securities, it will make a prospectus supplement available that will include the specific terms of the securities being offered.
A copy of the short form base shelf prospectus in connection with the shelf renewal may be obtained from Fairfax India, John Varnell, Vice President, Corporate Affairs...
O’Reilly Automotive, Inc. Announces Dates for Its First Quarter 2022 Earnings Release and Conference Call
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Earnings Release Date – Wednesday, April 27, 2022, after 3:30 p.m. Central Time
Conference Call Date – Thursday, April 28, 2022, at 10:00 a.m. Central TimeSPRINGFIELD, Mo., April 01, 2022 (GLOBE NEWSWIRE) — O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its first quarter 2022 results as Wednesday, April 27, 2022, with a conference call to follow on Thursday, April 28, 2022.
The Company’s first quarter 2022 results will be released after 3:30 p.m. Central Time on Wednesday, April 27, 2022, and can be viewed, at that time, on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.”
Investors are invited to listen to the Company’s conference call discussing the financial...
Consumer Portfolio Services Reports Discussions With Black Diamond Capital Management, L.L.C.
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Stephen H. Deckoff and James E. Walker III Recommended for Election to Its Board of Directors
LAS VEGAS, Nevada, April 01, 2022 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (the “Company”) today reported on discussions between its executive officers and representatives of Black Diamond Capital Management L.L.C. (“Black Diamond”). In those discussions, Black Diamond proposed that the Company should nominate Stephen H. Deckoff and James E. Walker III (together, the “Nominees”) for election to the Company’s Board of Directors (the “Board”). The Company’s chief executive officer, Charles E. Bradley, Jr., announced his endorsement of the Nominees for election at the Company’s 2022 annual meeting of shareholders.
Mr. Deckoff is the Managing Principal of Black Diamond and Mr. Walker is the Managing Partner of Vinson...