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Day: May 27, 2022

Bombardier and the Orchestre Métropolitain raise $505,000 for the Orchestre Métropolitain’s musical mission

Written by Customer Service on . Posted in Public Companies.

Bombardier and the Orchestre Métropolitain raise $505,000 for the Orchestre Métropolitain’s musical mission From left to right: Jacques Marchand, Érik Ryan, Abe Adham, Éric Martel, Jean R. Dupré, Yannick Nézet-Séguin, Pierre Tourville, Ève LaurierMONTREAL, May 27, 2022 (GLOBE NEWSWIRE) — The Orchestre Métropolitain and Bombardier, two major Quebec institutions firmly rooted in their community, came together this evening for the Sixth Annual OM Benefit Gala, presented this year around the theme “Great conductor, great chef”. The gala took place in a spectacular setting, at the Laurent Beaudoin Completion Centre in Dorval where the interior fittings of Global business jets are designed, manufactured, and installed, against the backdrop of a superb Global 7500 aircraft, the world’s largest and longest-range business jet that has...

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Evrynet And Velo Announce Strategic Merger To Build The Future Of CeDeFi

Written by Customer Service on . Posted in Mergers And Acquisitions.

Blockchain infrastructure leader and dApp pioneer bring together institutional and retail product suite to deliver new wave of financial services BANGKOK, Thailand, May 26, 2022 (GLOBE NEWSWIRE) — EvryNet, a financial services platform for building centralized and decentralized applications in DeFi, has today announced a strategic merger with Velo Labs, a leading blockchain infrastructure company focused on improving international remittances. The merger brings together two organizations that share a strong product and technology synergy, and will set out to serve a combined institutional and retail audience of Defi adopters. EvryNet enables CeFi into the DeFi world. EvryNet’s decentralized applications unlock a world of new assets, investment opportunities, and innovative strategies for investors. Simultaneously, EvryNet gives...

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Fountain Asset Corp. Announces Its Financial Results for the Quarter Ended March 31, 2022

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended March 31, 2022 (“Q1/22”). Highlights from Q1/22:Adjusted net asset value (“ANAV”) of $22.42 million ($0.36 per share) at March 31, 2022 compared to $24.44 million ($0.40 per share) at December 31, 2021, representing a 8.2% decrease quarter over quarter on an ANAV basis and a 10.0% decrease on a per share basis. ANAV reflects the net asset value plus the amount of available tax loss pools available; Net comprehensive loss of $2.03 million compared to net comprehensive income of $4.84 million for three months ended March 31, 2021 (“Q1/21”); Total losses from investment activity was $1.80 million compared to total revenue of $5.05 million for Q1/21; Net realized...

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