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Day: May 4, 2022

Diversified Royalty Corp. Confirms Details of Partial Redemption of its 5.25% Convertible Unsecured Subordinated Debentures

VANCOUVER, British Columbia, May 04, 2022 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV; DIV.DB and DIV.DB.A) (the “Corporation” or “DIV”) confirmed today that further to its news release dated March 30, 2022 and the redemption notice issued to the registered holder of DIV’s 5.25% convertible unsecured subordinated debentures (the “2022 Debentures”) on March 31, 2021 (the “Notice of Partial Redemption”), DIV will redeem an aggregate principal amount of $52.5 million of 2022 Debentures today, being approximately 91% of the aggregate principal amount of 2022 Debentures outstanding. The record date for determining which holders of 2022 Debentures shall be entitled to receive proceeds of the partial redemption was set as the close of trading on May 3, 2022. The redemption price will be approximately $1,017.9375 for each $1,000...

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BSE Ebix Appoints Sachin Seth as CEO & Managing Director

MUMBAI, India and JOHNS CREEK, Ga., May 04, 2022 (GLOBE NEWSWIRE) — BSE Ebix Insurance Broking Private Limited (BSE Ebix), a joint venture of BSE and Ebix Singapore Pte Ltd., announced today that Sachin Seth has been appointed as CEO and MD of BSE Ebix. An upcoming InsurTech player – BSE Ebix is focused on distribution of insurance products through an unrivalled ‘Phygital’ pan India reach, by combining the physical presence of tens of thousands of PoSPs with an omnichannel digital channel. Sachin Seth joins BSE Ebix from Ernst & Young LLP (EY) where as a Partner, he was instrumental in setting up and growing the Digital and Fintech Practice for EY’s Financial Services Division since 2016. Prior to EY, Sachin spent more than a decade with IBM Consulting in the similar domain, as an Executive Director. Sachin brings in a rich...

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Alkame Signs Production Agreement with Largest Regional Independent Jam Company, Oregon Growers

LAS VEGAS, May 04, 2022 (GLOBE NEWSWIRE) — Alkame Holdings, Inc. (OTC PINK: ALKM), a publicly traded diversified holding company, is pleased to announce that its wholly owned subsidiary Bell Food & Beverage Inc. has signed an agreement with Hood River, OR. based Oregon Growers & Shippers LLC., one of the largest regional independent jam & preserve companies in the Pacific Northwest. Oregon Growers, since 2004, has created farm direct specialty foods with a current product line of all natural preserves, specialty condiments, honeys and more. Using locally sourced, fresh in-season fruit from the Pacific Northwest, the farm direct jam products contain no preservatives, no high fructose corn syrup, are Gluten Free and Non-GMO. “From the farm to the jar! We are happy to produce jams and preserves for Oregon Growers,”...

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NATO Center of Excellence for Military Medicine to Study Brain Scientific’s NeuroCap Device

Brain Scientific partner LOK Corporation will illustrate the advantages of expanding EEG access with Brain Scientific’s neurology products LAKEWOOD RANCH, Fla., May 04, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Brain Scientific (OTCQB:BRSF) today announces that its novel neurology products will be presented to the NATO Center of Excellence for Military Medicine as an innovative and potentially life-saving tool for armed service personnel. “Improving accessibility and proximity of care is a constant challenge for the military. LOK is excited to present NeuroCap™ to the NATO COE and help them move towards that goal,” said Daniel Cloutier, founder and CEO of LOK Corporation. Currently, patients must await transportation to a hospital or clinic to receive EEG testing to determine brain injury or neurological conditions. Once there,...

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Interim report for the first quarter of 2022

Announcement no. 16-2022 4 May 2022Earlier today, the Board of Directors of North Media A/S approved the interim report for the first quarter of 2022.Q1 highlights The Q1 2022 results were in line with expectations and supported our full-year guidance.Consolidated revenue was up by 2% to DKK 248m. EBIT was down by 25% to DKK 48m, for an EBIT margin of 19.4%. The Last Mile business area (FK Distribution) saw a 0.5% drop in revenue, while its EBIT margin dropped to 22.9% due to higher costs of deliverers, transport, paper and packing, etc. Rising consumer prices have made consumers more interested in reading leaflets. The Digital Services business area recorded 20% growth. BoligPortal and Ofir both achieved their highest revenue for a quarter, and Bekey restored growth. Lead Supply, the 50%-owned associate, delivered its best-ever...

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TOWER ONE ANNOUNCES FILING OF ITS Q4 AND YEAR 2021 ANNUAL REPORT

First year with positive EBITDA(1) Miami, FL, May 04, 2022 (GLOBE NEWSWIRE) — TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“Tower One” or the “Company”) filed its financial results for the fourth quarter of 2021 and full year ended December 31, 2021, and the related Management’s Discussion and Analysis. Highlight’s year 2021:Revenue increased to CAD$ 10,687,626 for the year 2021 as compared to CAD$ 9,126,082 for the year 2020 and CAD$ 5,413,591 for the year 2019 representing a 97% increase over the last two years. Revenue increase is a result of (i) additional towers that started to provide service, (ii) increased collocations on existing towers, (iii) the sale of 47 towers in Argentina and (iv) a new revenue vertical based on selling the service for construction of towers.  2021 2020 2019  CAD$ CAD$ CAD$Tower...

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North America HVAC System Market to Reach USD 62.31 Billion by 2029 | HVAC Industry Exhibiting CAGR of 5.2% During 2022-2029

Top Companies Covered in North America HVAC System Market Carrier (U.S.), Lennox International Inc. (U.S.), SAMSUNG (South Korea), Nortek Air Solutions, LLC (U.S.), DAIKIN INDUSTRIES, Ltd. (Japan), Trane (Ireland), Emerson Electric Co. (U.S.), Johnson Controls (Ireland), LG Electronics (South Korea), Mitsubishi Electric Corporation (Japan) Pune, India, May 04, 2022 (GLOBE NEWSWIRE) — The North America HVAC System Market size was USD 41.67 billion in 2021. The market size is expected to rise from USD 43.67 billion in 2022 to USD 62.31 billion by 2029 at a CAGR of 5.2% during the forecast period. The market is anticipated to rise during the projected period due to increasing demand for green building construction activities and clean indoor air. Fortune Business Insights™ publishes this information in a report titled, “North...

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Smartwatch Market Size Worth USD 58.21 Billion by 2028 | Smartwatch Industry Expected CAGR 14.9%

Companies covered in smartwatch market report are Reckitt Benckiser Group (Slough, U.K.), LifeStyles Healthcare Pte Ltd (Melbourne, Australia), Caution Wear Corp. (New Hampshire, USA), Church & Dwight Co., Inc. (Ewing, U.S.), Cupid Limited (Nashik, India), Karex Berhad (Selangor, Malaysia), CPR GmbH (Sarstedt, Germany), ONE Condoms (Massachusetts, USA), Sagami Rubber Industries Co., Ltd. (Kanagawa, Japan), Okamoto Industries, Inc. (Tokyo, Japan), and other players profiled Pune, India, May 04, 2022 (GLOBE NEWSWIRE) — The global smartwatch market size was valued at around USD 18.62 billion in 2020. The market is projected to rise from USD 22.02 billion in 2021 to USD 58.21 billion by 2028 at 14.9% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has delved into these insights in its latest research report,...

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Membranes Market to Reach USD 11.46 Billion by 2029 | Membranes Industry Exhibiting a CAGR of 6.5% during the forecast period 2022-2029

Companies covered in membranes market are DuPont (U.S.), SUEZ (France), KOCH (U.S.), Pentair plc (U.S.), TOYOBA (Japan), Hydranautics – A Nitto Group Company (U.S.), Pall Corporation (U.S.), Seccua GmbH (Germany), Synder Filtration (U.S.), and Others Profiles. Pune, India, May 04, 2022 (GLOBE NEWSWIRE) — The global membranes market size was USD 6.99 billion in 2021. The market is projected to grow from USD 7.38 billion in 2022 to USD 11.46 billion by 2029, exhibiting a CAGR of 6.5% during the forecast period. This information is provided by Fortune Business Insights, in its report, titled, “Membranes Market, 2022-2029.”  According to our analysts, leading corporations are substantially capitalizing on the regional markets to remain ahead of the surging competition in this market. Interruption in Global Trade and Logistic Happenings...

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Worksport subsidiary Terravis Energy Accepts Offer from Indigenous Critical Infrastructure Fund to be Exclusive Clean Energy Partner for Sustainable Energy Infrastructure

Worksport Ltd Exclusive Clean Energy Partner for Sustainable Energy InfrastructureMississauga, May 04, 2022 (GLOBE NEWSWIRE) — Worksport Ltd (Nasdaq: WKSP) (the “Company”) subsidiary Terravis Energy, foreseeing the future of the sustainable energy markets, has accepted an offer from the Indigenous Critical Infrastructure Fund (ICIF) to be its exclusive clean energy partner for sustainable energy infrastructure across all Indigenous lands. After visiting Worksport’s manufacturing facilities and learning more about the Company, Chief Keith Matthew, ICIF Chairman of the Board, had a first-hand opportunity to provide insights to leadership on historic obstacles, present expectations, and future aspirations of Indigenous peoples. Chief Matthew explained how Canada has embraced the global mandate: United Nations Declaration on the...

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