Franchise Group Enters into Exclusive Negotiations with Kohl’s Corporation

Written by Customer Service on June 6, 2022. Posted in Mergers And Acquisitions.

DELAWARE, Ohio, June 06, 2022 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group”) today announced that it has entered into a three week exclusive negotiation period to acquire Kohl’s Corporation for $60.00 per share in cash. If Franchise Group and Kohl’s Corporation enter into a definitive agreement, Franchise Group intends to contribute approximately $1 billion of capital to the transaction, all of which is expected to be funded through a corresponding increase in the size of its secured debt facilities. A majority of the financing for the transaction is anticipated to be provided on the basis of the real estate assets of Kohl’s Corporation. Other than the increased secured debt facilities of Franchise Group, none of the financing for the transaction is expected to be recourse to Franchise Group. Franchise...

CARBEEZA INC. Announces New Interim Chief Financial Officer

Written by Customer Service on June 6, 2022. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS CALGARY, Alberta, June 06, 2022 (GLOBE NEWSWIRE) — Carbeeza Inc. (formerly HIT Technologies Inc.) (“Carbeeza” or the “Company“) (TSX.V:AUTO) is pleased to announce the appointment of Joanna Hampton as interim Chief Financial Officer of the Company, effective June 7, 2022. Ms. Hampton has extensive experience in senior financial leadership positions serving both private companies and reporting issuers. Ms. Hampton is a Chartered Professional Accountant (CPA, CGA) in Canada. Sandro Torrieri, Chief Executive Officer, stated: “The Board and I feel very fortunate to add Joanna to our team and to have her wide-ranging...

LGI Homes opens first community in the state of Maryland

Written by Customer Service on June 6, 2022. Posted in Public Companies.

Claggetts Mill offers single-family homes, a community park and commuter access to both Baltimore and Washington D.C. The Waverly Plan by LGI Homes at Claggetts Mill in Hagerstown LGI Homes announces the grand opening of Claggetts Mill in Hagerstown, a community of new, move-in ready homes with designer upgrades included. HAGERSTOWN, Md., June 06, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Claggetts Mill, the homebuilder’s first community located in the state of Maryland. LGI plans to construct 100 single-family homes at Claggetts Mill, which is located in Hagerstown approximately 70 miles from both Washington D.C. and Baltimore. The community’s proximity to I-70, Hwy 40 and MD-65 provides residents convenient access to an array of area amenities, including the Hagerstown Premium...

Madison Metals Announces Supplemental Listing of Warrants on the Canadian Securities Exchange

Written by Customer Service on June 6, 2022. Posted in Public Companies.

TORONTO, June 06, 2022 (GLOBE NEWSWIRE) — Madison Metals Inc. (CSE: GREN) (“Madison” or the “Company”) is pleased to announce that the Canadian Securities Exchange (the “CSE”) has accepted for listing 5,238,564 common share purchase warrants (the “Warrants”). The CSE has advised that the Warrants (CUSIP: 55658R133 and ISIN: CA55658R1331) will be listed for trading on the CSE under the symbol GREN.WT effective at market open on June 7, 2022. Each Warrant is exercisable for one common share of the Company at an exercise price of $0.35 until January 26, 2023. The Warrants are governed by a warrant indenture between the Company and Olympia Trust Company dated May 19, 2022 (the “Warrant Indenture”). A copy of the Warrant Indenture is available under the Company’s profile at www.sedar.com. Warrant holders with any questions are encouraged...

Zealand Pharma Presents Data from Phase 1 Trial of Dapiglutide at the 82nd Annual American Diabetes Association Scientific Sessions and Announces Dapiglutide to Move into Phase 2 Trial for Obesity

Written by Customer Service on June 6, 2022. Posted in Public Companies.

COMPANY ANNOUNCEMENT – NO. 27/ 2022 Zealand Pharma Presents Data from Phase 1 Trial of Dapiglutide at the 82nd Annual American Diabetes Association Scientific Sessions and Announces Dapiglutide to Move into Phase 2 Trial for Obesity Phase 1 trial showed multiple doses of dapiglutide were well-tolerated and data supports once-weekly dosing Investigator-Initiated Phase 2 trial of dapiglutide in obesity anticipated to commence by early 2023 Data presentations for dapiglutide and other pipeline programs at American Diabetes Association (ADA) Scientific Sessions underscore Zealand’s commitment to developing innovative new peptide-based therapeutics for the treatment of obesity Copenhagen, DK and Boston, MA, U.S. June 6, 2022 – Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no. 20045078), a biotechnology company focused on the discovery and development...

InMed Pharmaceuticals Announces Closing of $5 Million Registered Direct and Private Placement Offerings Priced At-The-Market Under Nasdaq Rules

Written by Customer Service on June 6, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) — InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, today announced the closing of its previously announced registered direct offering and concurrent private placement with a single healthcare-focused institutional investor priced at-the-market under Nasdaq rules. The Company issued 4,079,256 of its common shares at a purchase price of $0.858 per share (or pre-funded warrant in lieu thereof) in the registered direct offering. In the concurrent private placement, InMed has also issued and sold to the investor 1,748,250 common shares (or pre-funded warrant in lieu thereto) at the same purchase price as in the registered direct offering. In addition, the Company...

Pioneer Announces Escrow Release

Written by Customer Service on June 6, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) — Pioneer Media Holdings Inc. (NEO: JPEG, AQSE: PNER) (“Pioneer” or the “Company”) announces accelerated releases of its common shares from escrow, with respect to escrow agreements (collectively, the “Escrow Agreements”) entered into by the Company with respect to its previous listing on the Canadian Securities Exchange and the filing of a prospectus in 2019, when the Company was known as “Haro Metals Corp.” As the Company’s common shares are now listed for trading on the Aequitas Neo Exchange, the release schedule will be modified under the Escrow Agreements to match that of an “established issuer” release schedule. As such, 4,724,445 common shares will be released from escrow imminently, with the remaining 3,358,125 common shares to be released from escrow on October...

Targa Resources Corp. to Participate in Bank of America Energy Credit Conference

Written by Customer Service on June 6, 2022. Posted in Public Companies.

HOUSTON, June 06, 2022 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate in investor meetings at the Bank of America Energy Credit Conference on Wednesday, June 8, 2022 in New York City. A copy of the slides used for the conference meetings will be available in the Investors section of the Company’s website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. About Targa Resources Corp. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic midstream infrastructure...

IHT FISCAL FIRST QUARTER RECORD REVENUE; INCREASES IN IHT OWNERSHIP BY KEY INDIVIDUALS

Written by Customer Service on June 6, 2022. Posted in Public Companies.

Phoenix, AZ, June 06, 2022 (GLOBE NEWSWIRE) — InnSuites Hospitality Trust (NYSE American: IHT) Fiscal Q1 results will be reported soon, confirming a continuation of IHT strong quarterly resurgence, with Revenues achieving an all-time record high for the Quarter. Combined Revenue for Hotel Operations have tentatively exceeded $2.1 million for the Fiscal First Quarter (February 1, 2022, through April 30, 2022), with final totals to be announced in the coming weeks. This represents a 50% increase from the Prior Fiscal First Quarter (February 1, 2021, through April 30, 2021), of $1.4 million. Furthermore, the month of May has also started the Second Fiscal Quarter (May 1, 2022, through July 31, 2022), with equally record-breaking tentative results, surpassing the maximum combined hotel revenue ever achieved by InnSuites, with a new...

Premier Diversified Holdings Inc. Announces New Loan Agreement and Amended Loan

Written by Customer Service on June 6, 2022. Posted in Public Companies.

Not for dissemination in the United States of America. VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) — Loan Agreement Premier Diversified Holdings Inc. (“Premier” or the “Company“) (TSXV: PDH) announces that it has entered into a loan agreement dated June 3, 2022 with MPIC Fund I, LP (“MPIC“) for a secured loan in the principal amount of up to USD$100,000 (the “Loan“). The Loan matures on June 5, 2023 and bears interest at a rate of 6% per annum. The Loan is secured with all of the present and after-acquired property of the Company and ranks equally in priority with all of the loans previously made to the Company by MPIC. The Loan will be used for working capital (including for Premier’s partially owned subsidiaries, Purposely Platform Inc. and MyCare MedTech Inc.)...

Day: June 6, 2022

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