WestBond Reports Profits for the Year ended March 31, 2022

Written by Customer Service on June 17, 2022. Posted in Earnings Releases And Operating Results.

DELTA, British Columbia, June 17, 2022 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) has posted a profit of $693,220 for the year ended March 31, 2022. This represents a decrease from the profit of $2,642,997 for the year ended March 31, 2021. of $1,949,777 of 74%. The higher than normal sales and profits in the previous fiscal is attributed to the British Columbia government contract to produce Viroban Plus wipes. The contract was completed successfully. Our current year sales are comparable to the year ended March 31, 2020, while the profit is higher by $102,204 when compared to the year ended March 31, 2020. I am pleased to report that the Company’s core business and profits continue to grow despite the challenges Covid has presented to our industry. The annual report and other information is available on...

Global Tech Industries Group, Inc. updates shareholders on status of digital dividend

Written by Customer Service on June 17, 2022. Posted in Public Companies.

New York, NY, June 17, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has been in communication with FINRA regarding its digital dividend recently offered to shareholders of record as of May 9, 2022. The Company submitted its application to distribute the dividend to the FINRA portal on May 3, 2022. FINRA responded with several questions for the Company regarding how it came to acquire the Shibu Inu tokens, if the tokens resided on the digital blockchain and which, if any, platforms allowed buying and selling of the Shibu Inu token. The Company responded on May 18, 2022 to FINRA’s questions. The Company intends to commence with the distribution of the tokens, through the www.beyondblockchain.us website once approved...

Lytus Announces the Closing of Initial Public Offering

Written by Customer Service on June 17, 2022. Posted in Public Companies.

Mumbai, India, June 17, 2022 (GLOBE NEWSWIRE) — Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) (the “Company”), a platform technology services company with nearly 8 million users and with operations in the USA and India, today announced the closing of its initial public offering of 2,609,474 common shares at a public offering price of $4.75 per share, for gross proceeds of $12,395,000, before deducting underwriting discounts, commissions and offering expenses. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 391,421 common shares at the initial public offering price, less the underwriters’ discount, which option was exercised in full following the closing of the Company’s initial public offering, and is expected to close on June 22, 2022. Spartan Capital Securities, LLC and...

Global Tech Industries Group, Inc. cautions shareholders regarding recent social media misinformation

Written by Customer Service on June 17, 2022. Posted in Public Companies.

New York, NY, June 17, 2022 (GLOBE NEWSWIRE) — While Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, maintains its position that there is a serious, unaddressed and ongoing naked shorting problem related to its common stock, recent postings on various social media platforms have suggested that the problem is, at least in part, due to the actions of Mr. Curt Kramer, Mr. Seth Kramer, their firm, Power Up Lending Group, and their related parties, including Geneva Roth Remark Holdings. At this time, the Company has no specific evidence of any kind of a particular broker, bank, institution, or individual, including Mr. Curt Kramer, Mr. Seth Kramer, Power Up Lending Group, or Geneva Roth Remark Holdings undertaking such activity, but will continue to take action to combat...

Significant Expansion Potential at Arizona Rare Earths Project

Written by Customer Service on June 17, 2022. Posted in Public Companies.

La Paz Rare Earth Project SW in Arizona Promising results from recent exploration drilling at La Paz Rare Earth Project in Arizona Drill hole core samples from LP22-SW05 Drill hole LP22-SW05 contains 74.2 meters of material with a weight average of 501ppm of Total Rare Earth Oxides (TREO). PHOENIX, June 17, 2022 (GLOBE NEWSWIRE) — American Rare Earths Limited (ASX: ARR, OTCQB: ARRNF, FSE: 1BHA) (ARR or ‘the Company’) is pleased to announce highly promising results from recent exploration drilling at its flagship La Paz project in Arizona. In April 2022, the Company drilled nine exploration holes at 2,692 feet and collected 677 samples. An initial report indicates that a significant portion of those samples exhibit rare earths mineralization. A more detailed report, including data tables and disclaimers, can be...

Billy Goat Brands Provides Corporate Update

Written by Customer Service on June 17, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, June 17, 2022 (GLOBE NEWSWIRE) — Billy Goat Brands Ltd. (the “Company” or “Billy Goat Brands”) (CSE: GOAT), an investment issuer focused on investing in high-potential companies operating in the plant-based food technology sector, is pleased to announce the appointment of Alex Benger as a director of the Company. Mr. Benger is an accomplished leader and entrepreneur with experience in the biotech and plant-based sectors. Alex Benger also has several years of experience in marketing having led several creative digital marketing strategies over a variety of industries. He holds a Bachelor’s in Economics and a Minor in Business from the University of Victoria. Furthermore, the Company is pleased to appoint Lawrence Hay as Corporate Secretary, replacing Jan Urata effective immediately. The Company would...

Slate Office REIT Renews Normal Course Issuer Bid and Establishes At-The-Market Equity Program

Written by Customer Service on June 17, 2022. Posted in Public Companies.

TORONTO, June 17, 2022 (GLOBE NEWSWIRE) — Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that it has received approval from the Toronto Stock Exchange (the “TSX”) to renew its existing normal course issuer bid (the “NCIB”) effective as at the open of markets on June 22, 2022 to repurchase for cancellation up to 6,252,619 trust units of the REIT (the “Units”) or approximately 10% of the public float of 62,526,190 Units as of June 14, 2022. Additionally, the REIT announced today that it has established an at-the-market equity program (the “ATM Program”) that allows the REIT to issue, at its discretion, up to $40,000,000 of Units to the public from time to time through BMO Capital Markets and RBC Capital Markets (together, the “Agents”). Management believes...

Bombardier Provides Dividend Basis and Notice of Conversion Privilege of its Series 2 and Series 3 Preferred Shares

Written by Customer Service on June 17, 2022. Posted in Dividend Reports And Estimates.

Company announces share conversion privilege of Series 2 and Series 3 Preferred Shares and dividend rate reset of Series 3 Preferred Shares, which occur every five years MONTRÉAL, June 17, 2022 (GLOBE NEWSWIRE) — In connection with the conversion privilege for holders of its Series 2 and Series 3 Preferred Shares, Bombardier Inc. (TSX: BBD.B) (TSX: BBD.PR.B) (TSX:BBD.PR.D) (“Bombardier”) today announced the basis for resetting the dividend rate on its Series 3 Preferred Shares in accordance with the terms applicable to those shares. Holders of Bombardier Series 2 Preferred Shares have the right to convert all or part of their shares, effective on August 1, 2022, on a one for one basis into Series 3 Preferred Shares. Holders of Bombardier Series 3 Preferred Shares have the right to convert all or part of their shares, effective...

EJF Acquisition Corp. Shareholders Approve Proposed Business Combination with Pagaya Technologies Ltd.

Written by Customer Service on June 17, 2022. Posted in Mergers And Acquisitions.

NEW YORK and TEL AVIV, Israel and ARLINGTON, Va., June 17, 2022 (GLOBE NEWSWIRE) — EJF Acquisition Corp. (“EJFA”) (NASDAQ: EJFAU, EJFA, EJFAW), a publicly traded special purpose acquisition company, and Pagaya Technologies Ltd. (“Pagaya”) today announced that EJFA’s shareholders voted to approve the proposed business combination (the “Business Combination”) with Pagaya, a global technology company building artificial intelligence infrastructure for the financial ecosystem, at a special meeting of its shareholders (“Special Meeting”) held today, June 17, 2022. Pagaya’s shareholders also approved the Business Combination at an extraordinary general meeting of its shareholders held on June 16, 2022. The closing of the Business Combination is anticipated to occur on or about June 22, 2022. As previously announced, following...

Global Ship Lease Announces Full Redemption of its 8.00% Senior Notes Due 2024

Written by Customer Service on June 17, 2022. Posted in Public Companies.

LONDON, June 17, 2022 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it has delivered a notice of redemption (the “Full Redemption”) to the registered holders of its 8.00% Senior Notes due 2024 (the “2024 Notes”) of $89,020,500 aggregate principal amount of 2024 Notes, representing the entire outstanding balance of 2024 Notes (the “Redeemed Notes”). Pursuant to the terms of the indenture governing the 2024 Notes, the Company has elected to effect the Full Redemption in advance of the maturity date, and the redemption price for the Redeemed Notes will be equal to 102% of the principal amount thereof (the “Redemption Price”) plus accrued and unpaid interest to, but not including, the redemption date of July 18, 2022 (the “Redemption Date”). Interest on the Redeemed Notes will cease to...

Day: June 17, 2022

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