Day: May 20, 2022

Robex: Kiniero Gold District Sabali South Discovery

Written by Customer Service on May 20, 2022. Posted in Public Companies.

Figure 1 Kiniero Gold District Prospectivity, Deposit Locations and Neighbouring Properties.Figure 2 Sabali South Plan Map with Drillholes, Downhole Grade Profiles (min. 0.3g/t Au, Pre-PFS Pit Shell), Section A-B Location and Locations of Selected Drillholes with Significant Intercepts (1-9).Figure 3 Section A-B, a NW-SE long section through the centre of the Sabali South deposit.QUÉBEC CITY, May 20, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX) is pleased to announce a discovery on the property in Guinea following the merger with Sycamore Mining. Following acquisition of the 326km² Kiniero Gold Project in January 2020 by Sycamore Mining, a Project-wide interpretation of the available data to generate and identify exploration target...

CN Announces Appointment of New Board Chair and Election of Directors

Written by Customer Service on May 20, 2022. Posted in Public Companies.

MONTREAL, May 20, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced that a new Chairperson and the director nominees listed in the management information circular dated April 5, 2022, were elected as directors of CN. The detailed results of the vote are available below. Shauneen Bruder was unanimously elected by the board of directors as board chair. Ms. Bruder was, until her retirement on October 31, 2019, the Executive Vice-President, Operations at the Royal Bank of Canada (RBC) where she was responsible for overseeing operations related to all personal and business clients in Canada. Ms. Bruder joined CN’s board in 2017. “I am honoured to become the Chair of the CN Board of Directors. I would like to thank Robert Pace for his leadership over many years and wish him the best as he retires from the Board. I am also pleased...

UPDATE – O2Micro Announces Receipt of an Updated Preliminary Non-Binding Proposal to Acquire the Company

Written by Customer Service on May 20, 2022. Posted in Mergers And Acquisitions.

GEORGE TOWN, Grand Cayman, May 20, 2022 (GLOBE NEWSWIRE) — O2Micro International Limited (NASDAQ Global Select Market: OIIM) (“O2Micro” or the “Company”), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced that its board of directors (the “Board”) has received an updated preliminary non-binding proposal letter (the “Proposal Letter”), dated May 20, 2022, from FNOF Precious Honour Limited (“FNOF”), Mr. Sterling Du, the Chief Executive Officer and the Chairman of the Board, and Mr. Perry Kuo, the Chief Financial Officer and a director of the Company (collectively, the “Consortium”), to acquire all of the outstanding ordinary shares of the Company (including shares represented by American depositary shares (the “ADSs”), each representing 50 shares of the...

Helium Evolution Files First Quarter 2022 Financial Results

Written by Customer Service on May 20, 2022. Posted in Earnings Releases And Operating Results.

Successful execution year to date ensures HEVI on track to start drilling in June CALGARY, Alberta, May 20, 2022 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration and production company focused on developing assets in southern Saskatchewan, today announced the filing of our audited financial results for the three-month period ended March 31, 2022. For complete details of the consolidated financial statements and the associated management’s discussion and analysis (“MD&A”), please refer to the Company’s filing on SEDAR (www.sedar.com). HEVI Q1 2022 Highlights: Three months ended March 31,Tabular amounts in thousands of Canadian Dollars, except share and per share amounts 2022 2021 Financial Net loss $ (1,654) $ (720) Net...

Irwin Naturals Completes Acquisition of Ketamine Health Centers

Written by Customer Service on May 20, 2022. Posted in Mergers And Acquisitions.

Household Brand Name Entry into Ketamine Assisted Therapy Space Gaining Momentum LOS ANGELES, May 20, 2022 (GLOBE NEWSWIRE) — Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the “Company”) announced today that, further to its press release of April 18, 2022, the Company has completed the acquisition of KHC Capital Group, LLC. The Company entered into an acquisition agreement (the “Agreement”) dated April 17, 2022 with KHC Capital Group, LLC and related entities (“Ketamine Health Centers”), which owns a chain of five ketamine treatment clinics in Florida with an additional partnership contract with an affiliate clinic in Mexico. Irwin’s CEO, Klee Irwin, said, “Our roll-up strategy of clinics is highly accretive, enabling us to fuel rapid growth of revenues and profitability. With six clinics under our belt, a...

Partners Value Investments Inc. Announces Q1 2022 Interim Results

Written by Customer Service on May 20, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 20, 2022 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended March 31, 2022. All amounts are stated in US dollars. The Company recorded Adjusted Earnings of $9.1 million for the three months ended March 31, 2022, compared to an Adjusted Loss of $2.4 million in the prior year quarter. Adjusted Earnings increased in the current quarter due to investment valuation gains of $16.7 million compared to $5.3 million in the prior year quarter, combined with lower foreign currency losses, and was partially offset by an increase in income tax expense. The Company generated net income of $31.4 million for the three months ended March 31, 2022 compared to $11.6 million in the prior year quarter. The increase in net income was primarily...

Partners Value Investments L.P. Announces 2022 First Quarter Results

Written by Customer Service on May 20, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, May 20, 2022 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended March 31, 2022. All amounts are stated in US dollars. The Partnership recorded net income of $10.0 million for the quarter ended March 31, 2022, compared to a net loss of $1.2 million in the prior year quarter. Net income increased in the current quarter primarily due to investment valuation gains on the Partnership’s other investments portfolio of $16.7 million compared to $5.3 million in the prior year quarter, and lower foreign currency losses, which were partially offset by an increase in income tax expense. The market price of a Brookfield Asset Management Inc. (“Brookfield”) share was $56.57 per share at March 31, 2022 (December 2021 – $60.38). Consolidated...

Timbercreek Financial Declares May 2022 Dividend

Written by Customer Service on May 20, 2022. Posted in Dividend Reports And Estimates.

TORONTO, May 20, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on June 15, 2022 to holders of Common Shares of record on May 31, 2022. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the “Average...

Meridian Corporation Announces the Death of Board Member Ken Slack

Written by Customer Service on May 20, 2022. Posted in Public Companies.

MALVERN, Pa., May 20, 2022 (GLOBE NEWSWIRE) — Meridian Corporation announced today the death of longtime Board of Directors member and one of the original founding organizers, Kenneth H. Slack. “Ken Slack was part of the Meridian Bank board since 2004 and served on several Bank committees, most recently as the Chair of Audit Committee and the Chair of Compensation Committee,” said Meridian Chairman & CEO Chris Annas. “Ken was extremely dedicated to the Bank, and generously gave his time, talents and friendships to all in support of Meridian’s success.” Mr. Slack was a partner in Stephano Slack LLC, a public accounting firm based in Wayne, PA which he co-founded in 2004. Prior to that he had been in public accounting in the West Chester area for more than 30 years, and worked in the manufacturing and distribution industries...

KayMaur Holdings Ltd. acquires Class “A” Common Shares of Dominion Lending Centres Inc.

Written by Customer Service on May 20, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, May 20, 2022 (GLOBE NEWSWIRE) — KayMaur Holdings Ltd. (“KayMaur”) reports that it has filed an updated early warning report under applicable Canadian securities laws in respect of Dominion Lending Centres Inc. (“DLC”). On May 20, 2022, KayMaur acquired 1,039,284 class “A” common shares (“Common Shares”) of DLC through a private agreement transaction at a price of $3.07 per share for total consideration of $3,190,601.88 (the “Purchase Transaction”). Immediately prior to the Purchase Transaction, KayMaur held 17,022,831 Common Shares of DLC, representing approximately 35.09%% of DLC’s issued and outstanding Common Shares (on a non-diluted basis). Immediately following the Purchase Transaction, KayMaur owns 18,062,115 Common Shares, representing approximately 37.24% of DLC’s issued and outstanding Common...

Day: May 20, 2022

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