Day: April 1, 2022

First annual Lilium Supplier Day brings together 74 of world’s leading aerospace companies

Written by Customer Service on April 1, 2022. Posted in Public Companies.

MUNICH, Germany, April 01, 2022 (GLOBE NEWSWIRE) — Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, held its first ever annual Supplier Day yesterday and welcomed 168 guests from 74 current and prospective suppliers to its headquarters in Munich. Lilium’s ecosystem of leading aerospace and technology suppliers – including Honeywell, Toray, Aciturri and CUSTOMCELLS – is key to the company’s mission to revolutionize sustainable air mobility for everyone. The daylong, in-person conference provided guests with an in-depth look at the Lilium design process and underscored the need for a deep collaboration between OEM and its suppliers in the aerospace industry. At the event members of Lilium’s Senior Leadership Team, including Daniel Wiegand, CEO, Yves Yemsi, Chief...

Uniroyal Global Engineered Products, Inc. Reports Financial Results For the Fiscal Year Ended January 2, 2022

Written by Customer Service on April 1, 2022. Posted in Earnings Releases And Operating Results.

SARASOTA, Fla., April 01, 2022 (GLOBE NEWSWIRE) — Uniroyal Global Engineered Products, Inc. (OTCQB:UNIR) today reported financial results for the Fiscal Year Ended January 2, 2022. Financial SummaryNet Sales increased 19.1% to $71,704,995 versus prior year of $60,218,355 Net Loss of $1,702,378 versus prior year net loss of $1,223,626 Earnings Per Common Share of $0.61 versus prior year Loss Per Common Share of $(1.19); Fiscal 2021 included extinguishment of preferred stock dividendOverview Fiscal 2021 represented somewhat of a return to normalcy versus Fiscal 2020 which was constrained by the Covid-19 pandemic for a large part of the year. To be sure, Fiscal 2021 was no “walk in the park” as we fought, and continue to fight, supply issues and rampant cost escalation. The supply constraints and price increases in raw materials...

Millennium Sustainable Ventures Corp. Announces Expansion of its Footprint with a 1.1 million square foot Greenhouse Facility

Written by Customer Service on April 1, 2022. Posted in Public Companies.

Immediate Plans to Commence Cultivation of TomatoesIntroduction of Millennium Produce as a New Operating Segment Old Bethpage, New York, April 01, 2022 (GLOBE NEWSWIRE) — Millennium Sustainable Ventures Corp. (Ticker: MILC) (“MILC” or the “Company”) today announced that it is expanding its sustainable greenhouse cultivation activities by establishing its first produce related operations. A subsidiary of MILC, Millennium Produce of Nebraska LLC, (“Millennium Produce”), has executed a long-term lease (the “Lease”) for an approximately 1.1 million square foot greenhouse cultivation facility located in O’Neill, Nebraska (the “Property”). The Lease was entered into upon the acquisition of the Property by Power REIT (Ticker: PW and PW.PRA). David H. Lesser, MILC’s Chairman and CEO is also Chairman and CEO of Power REIT. As part of the...

Update: Todos Medical Reports Fourth-Quarter and Full-Year 2021 Financial Results and Corporate Updates

Written by Customer Service on April 1, 2022. Posted in Earnings Releases And Operating Results.

New York, NY, and Tel Aviv, ISRAEL, April 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics and related solutions company, today reported financial results for the fourth quarter and full-year ended December 31, 2021 and provided corporate updates. “2021 was a strong year for Todos Medical and we believe sets the stage for an even stronger year of growth in 2022. We have invested heavily in our newly-acquired Provista Diagnostics lab capabilities and leadership in order to be properly positioned to capture cyclical COVID testing revenue in preparation for the launch of our Videssa breast cancer blood test in early 2023,” said Gerald E. Commissiong, President & CEO of Todos Medical. “We also recently completed the acquisition of the 3CL protease assets...

Dominion Lending Centres Provides Update on Legal Claim

Written by Customer Service on April 1, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, April 01, 2022 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLC” or the “Corporation”) is pleased to report on certain positive developments pertaining to the legal claim commenced by Canadian Mortgage Experts Inc. and Michael Lloyd against the Corporation in July, 2022 (the “CME Claim”). On April 1, 2022, the Supreme Court of British Columbia ordered that the CME Claim be stayed on the basis that the parties had agreed in the franchise agreement that all disputes would be resolved through arbitration. The plaintiffs had commenced the CME Claim in the Supreme Court of British Columbia and were seeking to have the claim certified under the Class Proceedings Act (British Columbia). The Corporation now expects that the CME Claim will be resolved through a prescribed arbitration process...

Martin Marietta Completes Divestiture of Colorado and Central Texas Ready Mixed Concrete Operations

Written by Customer Service on April 1, 2022. Posted in Public Companies.

RALEIGH, N.C., April 01, 2022 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that it has completed the previously-announced divestiture of its Colorado and Central Texas ready mixed concrete operations to Smyrna Ready Mix Concrete LLC. Ward Nye, Chairman, President and CEO of Martin Marietta, stated, “We are grateful to the skilled workforce at these operations for their contributions to Martin Marietta. As previously indicated, the sale of these downstream assets is consistent with our strategic plan, and we expect the proceeds to be used in a manner that is aligned with our clearly articulated capital allocation priorities that will put us in a position to continue to deliver both near- and long-term enhanced shareholder value.” About Martin Marietta Martin...

Brookfield Infrastructure Partners to Host First Quarter 2022 Results Conference Call

Written by Customer Service on April 1, 2022. Posted in Public Companies.

Wednesday, May 4, 2022 at 9:00 a.m. (ET) BROOKFIELD, NEWS, April 01, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners will hold its first quarter 2022 conference call and webcast on Wednesday, May 4 at 9:00 a.m. ET. Results will be released on May 4, 2022, at approximately 7:00 a.m. ET and will also be available following the release on our website at https://bip.brookfield.com/bip. To participate in the conference call, please dial +1-866-688-9459 toll-free in North America, or for overseas calls please dial +1-409-216-0834 at approximately 8:50 a.m. (Conference ID: 3435919). The conference call will be webcast live at https://edge.media-server.com/mmc/p/4pgsd39u and will be archived for future reference. For those unable to participate in the Conference Call, a rebroadcast will also be available until midnight on...

Boralex Announces Closing of the Sale of the Senneterre Power Plant

Written by Customer Service on April 1, 2022. Posted in Mergers And Acquisitions.

MONTREAL, April 01, 2022 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) announces closing of the sale of the 34.5 MW Senneterre power plant (the “power plant”), the last remaining biomass power generation asset in its portfolio. The power plant has been purchased by a subsidiary of Resolute Forest Products (NYSE: RFP) (TSX: RFP), a company that has a strong presence in the Abitibi-Témiscamingue region. An agreement for the sale of the Senneterre power plant was announced earlier this year between Boralex and Resolute. As laid out in its updated 2025 Strategic Plan, Boralex is looking to accelerate its growth in the wind, solar and storage sectors while optimizing its hydroelectric facilities. The sale of the Senneterre power plant is consistent with that ambition. About Boralex At Boralex, we have been...

Maxim: Society Pass (Nasdaq: SOPA) – 4Q21 Results and Outlook; Expansion Starts in the Attractive Southeast Asia Ecommerce Market

Written by Customer Service on April 1, 2022. Posted in Earnings Releases And Operating Results.

New York, NY, April 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Maxim Group LLC (“Maxim”) issues Equity Research Report on Society Pass Inc. (Nasdaq: SOPA). Click Here to view full Maxim Group LLC Equity Research Report. Summary: 4Q21 results reported Wednesday (3/30) but the results were not meaningful given product launches and recent acquisitions. The company also filed its 10-K. Leflair, an online seller of luxury goods, was relaunched in September 2021 in Vietnam and was the main revenue contributor. Maxim maintains estimates, which incorporate two recent acquisitions providing online grocery and restaurant delivery in Vietnam and the Philippines. The company ended 2021 with $23M cash and no debt. With proceeds from an IPO and secondary offering, Maxim estimates cash of $33M.4Q21 results highlight early stages...

Proactive news headlines including Endexx, Power REIT, The Good Shroom Co, Kenorland and Belmont Resources

Written by Customer Service on April 1, 2022. Posted in Mergers And Acquisitions.

New York, April 01, 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:Endexx sees 360% sequential surge in 4Q revenue as company bounces back from challenging 2021 Power REIT reports jump in revenue for the three and twelve months ended December 31, 2021 The Good Shroom Co reports strong rise in 2Q sales revenue following Quebec hash launch Kenorland Minerals reports 2021 drill results from Healy project in Alaska Belmont Resources reveals longest intercept of copper mineralization to date at its Lone Star JV in Washington State PharmaDrug advances PD-001, its improved version of cepharanthine to treat cancer and infectious disease Predictive Oncology strengthens balance sheet in 2021; zPREDICTA acquisition highlights...

Day: April 1, 2022

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