Day: April 7, 2022

Genmab Announces the Initial Resolution of its Arbitration with Janssen Relating to their Daratumumab License Agreement

Genmab Announces the Initial Resolution of its Arbitration with Janssen Relating to their Daratumumab License Agreement

Company Announcement COPENHAGEN, Denmark; April 8, 2022 – Genmab A/S (Nasdaq: GMAB) announced today an award in the binding arbitration of two matters arising under its license agreement with Janssen Biotech, Inc. (Janssen) relating to daratumumab. The arbitral tribunal issued an award on April 7, 2022, deciding both issues in favor of Janssen. Genmab has the right to seek review of the award, which it must do within a limited period of time. Such review should conclude with the issuance of a final award prior to the end of 2022. Genmab is currently considering its options.     The first issue concerned the question as to whether Janssen’s obligation to pay royalties on sales of licensed product extends, in each applicable country, until the expiration or invalidation of the last-to-expire relevant Genmab-owned patent or the last-to-expire...

Continue reading

Partners Value Split Corp. Announces 2021 Annual Results

Partners Value Split Corp. Announces 2021 Annual Results

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company” TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $169.52 at December 31, 2021. All amounts are in US dollars. Income available for distribution for the year ended December 31, 2021 was $103 million compared to $57 million in the prior year. Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on our website at www.partnersvaluesplit.com. STATEMENTS OF COMPREHENSIVE INCOME As at and for the years ended December 31 (USD Thousands)     2021         2020   Income               Investment income   $ 105,479       $ 57,663   Expenses               Operating     (2,036 )       (373 ) Income available...

Continue reading

Partners Value Investments L.P. Announces 2021 Annual Results

Partners Value Investments L.P. Announces 2021 Annual Results

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the year ended December 31, 2021. All amounts are stated in US dollars. The Partnership generated net income of $31 million for the year ended December 31, 2021 compared to $44 million in the prior year. The net income is lower in the current year due to a foreign currency loss of $29 million, compared to a $10 million gain in the prior year, and higher preferred share dividends paid, which were partially offset by an increase in dividend income. The increased dividend income is due to a one-time special dividend-in-kind from Brookfield, which was valued at $46 million. In December 2021, the Partnership successfully completed a substantial issuer bid for its Equity LP...

Continue reading

Partners Value Investments Inc. Announces 2021 Annual Results

Partners Value Investments Inc. Announces 2021 Annual Results

TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the year ended December 31, 2021. All amounts are stated in US dollars. The Company recorded Adjusted Earnings of $52 million for the year ended December 31, 2021, compared to $53 million in the prior year. Adjusted Earnings is lower in the current year due to a foreign currency loss of $20 million, compared to a $7 million gain in the prior year, and higher preferred share dividends paid, which were partially offset by an increase in dividend income. The increased dividend income is due to a one-time special dividend-in-kind from Brookfield, which was valued at $46 million. The Company generated a net loss of $1.0 billion for the year ended December 31, 2021 compared to net income of...

Continue reading

DIRTT highlights how its construction solutions support healthcare systems

DIRTT highlights how its construction solutions support healthcare systems

CALGARY, Alberta, April 07, 2022 (GLOBE NEWSWIRE) — As healthcare organizations evolve, DIRTT Environmental Solutions (“DIRTT” or the “Company”) (NASDAQ: DRTT, TSX: DRT), has highlighted how its high-performing, adaptable, interior environments create healthcare spaces that maximize efficiencies across heath care systems. The pandemic has opened new ways of thinking about delivering healthcare that will endure long after COVID-19. According to a recent survey by Mortenson, 40% of healthcare professionals said facility investments are anticipated to exceed pre-COVID-19 levels with that same amount stating their plans to invest more in facilities over the next year and a half – the biggest planned investment being revamping traditional hospitals (71%). “This intelligence reflects what we hear from our clients and partners,”...

Continue reading

Cartier Signs Share Purchase Agreement With O3 Mining

Cartier Signs Share Purchase Agreement With O3 Mining

VAL-D’OR, Quebec, April 07, 2022 (GLOBE NEWSWIRE) — Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce the execution of a definitive share purchase agreement with O3 Mining Inc. (“O3 Mining”) for the acquisition by Cartier of all of the issued and outstanding shares of Chalice Gold Mines (Quebec) Inc. (“Chalice Quebec”), a wholly-owned subsidiary of O3 Mining, which owns a 100% interest in the East Cadillac property contiguous with Cartier’s Chimo Mine property in the Val-d’Or Gold Camp, Quebec, Canada, (the “Transaction”). The purchase price payable by Cartier to O3 Mining for the acquisition of Chalice Quebec is 46,273,265 common shares of Cartier (the “Cartier Shares”), representing approximately 17.5% of the pro forma outstanding common shares of Cartier upon the completion of the Transaction. Completion...

Continue reading

R1 RCM Announces Filing of Registration Statement on Form S-4 Related to Proposed Acquisition of Cloudmed

R1 RCM Announces Filing of Registration Statement on Form S-4 Related to Proposed Acquisition of Cloudmed

MURRAY, Utah, April 07, 2022 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ:RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced that Project Roadrunner Parent Inc., a wholly owned subsidiary of R1, has publicly filed a registration statement on Form S-4 relating to its previously announced proposed acquisition of Cloudmed, a leader in Revenue Intelligence™ solutions for healthcare providers. R1 and Cloudmed announced their definitive transaction agreement on January 10, 2022. Upon closing of the transaction, current R1 shareholders will own approximately 70% of the combined company on a fully diluted basis and Cloudmed equity holders will own approximately 30%. Cloudmed equity holders will enter into an 18-month lockup agreement,...

Continue reading

Washington Water Service Enters into Agreement to Acquire Stroh’s Water Company

Washington Water Service Enters into Agreement to Acquire Stroh’s Water Company

Utility has Operated Stroh’s Water System Since Early 2021 GIG HARBOR, Wash., April 07, 2022 (GLOBE NEWSWIRE) — NYSE: CWT—Washington Water Service (Washington Water), a subsidiary of California Water Service Group (Group), has entered into an agreement with Stroh’s Water Company (Stroh’s Water) to acquire its water utility assets. Washington Water has served Stroh’s Water customers since March 2021 through an operation and maintenance agreement, and supported them on an emergency basis for more than 20 years. The Stroh’s Water system includes about 900 customer connections near Washington Water’s existing Gig Harbor service area. Beyond operation and maintenance of the system, Washington Water also currently provides billing, customer service, and emergency response to Stroh’s Water customers. Washington Water intends to interconnect...

Continue reading

Chaga Mushrooms are Focus of New Line from Etrnl Cosmetics

Chaga Mushrooms are Focus of New Line from Etrnl Cosmetics

CEO & Chair of Active Health Foods, Inc., Joe Wallace, announces that the company’s new cosmetics division has secured exclusive access to an unpolluted supply of the superrare, antioxidant-packed fungus; A new class of cosmetics, zinc-free skin tone specific sunscreens, acne treatments and hair restoration products will be powered by Chaga Los Angeles, CA, April 07, 2022 (GLOBE NEWSWIRE) — Serial entrepreneur Joe Wallace is now the CEO and Chairman of the Board of Directors at Active Health Foods, Inc. (OTC: AHFD), and he has announced the launch of a new dvision, Etrnl Cosmetics with a primary focus on Chaga mushroom-based, skin and hair products. Chaga is an antioxidant-packed fungus that grows on the bark of birch trees in the cold climates of Alaska, Northern Canada, and Siberia. Sourcing unpolluted supplies is notoriously...

Continue reading

Logica Ventures Corp. Reports Results of Its Annual General and Special Meeting

Logica Ventures Corp. Reports Results of Its Annual General and Special Meeting

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH US NEWSWIRE SERVICES TORONTO, April 07, 2022 (GLOBE NEWSWIRE) — Logica Ventures Corp. (“Logica” or the “Corporation”) (TSXV: LOG.P) is pleased to announce that, due to changes announced by the TSX Venture Exchange Inc. (the “Exchange”) to its Capital Pool Company program and changes to the Exchange’s Policy 2.4 – Capital Pool Companies, which became effective as at January 1, 2021 (the “New CPC Policy”), the Corporation intends to implement certain amendments to further align its policies with the New CPC Policy. Pursuant to the New CPC Policy, in order for the Corporation to align certain of its policies with the New CPC Policy it is required to obtain the approval of disinterested shareholders of the Corporation. The Corporation submitted to shareholders for approval, as set...

Continue reading

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.