Day: May 24, 2022
Reports YOY Revenue Growth of 70% with Gross Profit growth of 56%
Not for distribution to U.S. news wire services or dissemination in the United States.
Toronto, Ontario, May 24, 2022 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended March 27, 2022 (“Q1 2022”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. All of the fiscal years referred to in this release consist of 52 week periods and all quarters referred to in this release consist of 13 week periods. Unless otherwise specified, all amounts are reported in U.S. dollars.
MiniLuxe is pleased to report total revenue of $4.4M in Q1 2022, a 70% increase over total revenue in the 13 weeks ended March 28,...
Hexagon Purus receives withdrawal of nomination from commercial truck OEM for supply of battery packs for zero emission heavy-duty vehicles
Written by Customer Service on . Posted in Public Companies.
Reference is made to the stock exchange announcement made on 31 January 2022 regarding Hexagon Purus’ (“the Company”) nomination by a commercial truck OEM to provide battery packs for serial production of battery electric heavy-duty vehicles.
The Company has received notice of withdrawal of the non-binding nomination from the OEM. The withdrawal is due to reasons unrelated to Hexagon Purus product performance and technological capabilities.
While Hexagon Purus regrets the withdrawal of the nomination, this enables the pursuit of other opportunities in the rapidly expanding zero emission heavy-duty vehicle space.
Mathias Meidell, Investor Relations Director, Hexagon Purus Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com
Karen Romer, SVP Communications, Hexagon Composites Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
About...
Hexagon Purus receives withdrawal of nomination from commercial truck OEM for supply of battery packs for zero emission heavy-duty vehicles
Written by Customer Service on . Posted in Public Companies.
Reference is made to the stock exchange announcement made on 31 January 2022 regarding Hexagon Purus’ (“the Company”) nomination by a commercial truck OEM to provide battery packs for serial production of battery electric heavy-duty vehicles.
The Company has received notice of withdrawal of the non-binding nomination from the OEM. The withdrawal is due to reasons unrelated to Hexagon Purus product performance and technological capabilities.
While Hexagon Purus regrets the withdrawal of the nomination, this enables the pursuit of other opportunities in the rapidly expanding zero emission heavy-duty vehicle space.
For more information:
Mathias Meidell, Investor Relations Director, Hexagon Purus Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com
Karen Romer, SVP Communications, Hexagon Composites Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
About...
Enthusiast Gaming Issues Statement Addressing Misleading, Baseless Letter from Activist Greywood Investments
Written by Customer Service on . Posted in Public Companies.
Enthusiast Gaming is well positioned to continue delivering rapid top line growth, while increasing gross profit at a significantly faster rate following strong Q1 results that beat consensus estimates
Greywood is an investment vehicle that lacks transparency and seeks to take full control of Enthusiast Gaming’s Board without paying shareholders a control premium
LOS ANGELES, May 24, 2022 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX: EGLX), (“Enthusiast Gaming” or the “Company”), an integrated gaming entertainment company, today issued the following statement addressing the misleading and baseless letter to the Company’s board of directors (the “Board”) sent by activist investor Greywood Investments, LLC (“Greywood”).
Enthusiast Gaming regularly engages with its shareholders and continues to welcome constructive...
Teck Announces Cash Tender Offer for up to US$500 million of Debt Securities
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it commenced a cash tender offer (the “Tender Offer”) to purchase up to US$500 million aggregate principal amount (subject to increase or decrease by Teck, the “Aggregate Maximum Tender Amount”) of its outstanding notes listed in the table below (collectively, the “Notes” and each a “Series” of Notes), in the order of priority shown in the table below.Acceptance Priority Level
CUSIP / ISIN
Title of Security
Aggregate Principal Amount Outstanding
Reference U.S. Treasury Security
Bloomberg Reference Page
Fixed Spread (basis points)(1)1
878742AW5 / US878742AW53
6.250% Notes due 2041
US$794,717,000
3.250% U.S. Treasury due May 15, 2042
FIT1
2302
878742AE5 / US878742AE55
6.125%...
Allegiance Bancshares, Inc. and CBTX, Inc. Shareholders Approve Merger
Written by Customer Service on . Posted in Mergers And Acquisitions.
HOUSTON, May 24, 2022 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of CommunityBank of Texas, N.A., announced today that their respective shareholders had approved the agreement for the merger of equals of Allegiance and CBTX. These approvals complete another step in the process to establish Stellar Bank, a premier local bank with the scale and capabilities to provide extraordinary service to a broad range of business and consumer customers throughout the Houston region and beyond.
At the respective special meetings of Allegiance and CBTX shareholders held today, approximately 99.68% and 99.58%, respectively, of the shares voted were cast in favor of the proposal to approve the merger...
Allegiance Bancshares, Inc. and CBTX, Inc. Shareholders Approve Merger
Written by Customer Service on . Posted in Mergers And Acquisitions.
HOUSTON, May 24, 2022 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of CommunityBank of Texas, N.A., announced today that their respective shareholders had approved the agreement for the merger of equals of Allegiance and CBTX. These approvals complete another step in the process to establish Stellar Bank, a premier local bank with the scale and capabilities to provide extraordinary service to a broad range of business and consumer customers throughout the Houston region and beyond.
At the respective special meetings of Allegiance and CBTX shareholders held today, approximately 99.68% and 99.58%, respectively, of the shares voted were cast in favor of the proposal to approve the merger...
Standard Lithium to Participate at Citi’s Lithium & Battery Day Thursday, May 26, 2022
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE.A: SLI) (FRA: S5L), an innovative technology and lithium project development company, today announced its participation at the upcoming Citi Lithium and Battery Virtual Day investor conference on May 26, 2022.
Event: Citi’s 2022 Lithium & Battery Virtual DayTopic: Panel discussion: Emerging LithiumDate: Thursday, May 26, 2022Time: 9:30 AM – 10:05 AM ETLocation: Virtual — Webcast Link
About Standard Lithium Ltd.
Standard Lithium is an innovative technology and lithium development company. The Company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted...
Canadian Net REIT Announces the Acquisition of Four Properties in Nova Scotia and Quebec
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTREAL, May 24, 2022 (GLOBE NEWSWIRE) — (TSX-V: NET.UN) Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) is pleased to announce the acquisition of four properties in Nova Scotia and Quebec. Total consideration paid was $18,800,000 (excluding transaction costs) and was settled in cash. The purchase price represents a capitalization rate of approximately 6.5% for the portfolio.
The acquisitions are as follows:The first acquisition is a 30,500 square foot retail store operated under the Giant Tiger banner in Truro, Nova Scotia, which closed on May 19, 2022.
The second acquisition is a 29,698 square foot grocery store operated under the Metro banner located in Chénéville, Québec, which closed on May 24, 2022.
The third acquisition is a 35,991 square foot grocery-anchored retail strip located in St-André-Avellin,...
360 DigiTech Announces First Quarter 2022 Unaudited Financial Results and Declares Quarterly Dividend
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SHANGHAI, May 24, 2022 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Business HighlightsAs of March 31, 2022, our platform has connected 122 financial institutional partners and 192.9 million consumers*1 with potential credit needs, cumulatively, an increase of 14.1% from 169.1 million a year ago.
Cumulative users with approved credit lines*2 were 39.8 million as of March 31, 2022, an increase of 21.7% from 32.7 million as of March 31, 2021.
Cumulative borrowers with successful drawdown, including repeat borrowers was 25.0 million as of March 31, 2022, an increase of 19.0% from 21.0 million as of March 31, 2021.
In the first quarter of 2022, financial...