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Day: June 29, 2022

Pentagon I Capital Corp. Announces Closing of Initial Public Offering

Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, June 29, 2022 (GLOBE NEWSWIRE) — Pentagon I Capital Corp. (the “Corporation”), is pleased to announce that it has completed its initial public offering (the “Offering”) of 3,000,000 common shares (“Common Shares”) in the capital of the Corporation at a purchase price of $0.10 per Common Share by way of a prospectus for gross proceeds of $300,000. The Corporation is a Capital Pool Company as defined in the policies of the TSX Venture Exchange (the “Exchange”). To date, the Corporation has not conducted operations of any kind and has not entered into an “Agreement in Principle”, as such phrase is defined in TSXV Policy 2.4 – Capital Pool Companies. When combined with the Corporation’s cash proceeds raised prior to the Offering...

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Allied Corp Successfully Ships First Commercial Cannabis Flower Export From Colombia to International Market

KELOWNA, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) is pleased to announce that it has completed the first shipment of commercial dried cannabis from Colombia to an international market. On April 01, 2022 Colombia enacted the new legislation allowing for the legal export of dried cannabis produced in Colombia. In April 2022, Allied submitted several applications for export approvals. After many levels of regulatory inspections, analyses, discussions and questions, Allied’s first export approval came in June 2022. Allied has now executed on navigating the production, regulatory and transport logistics needed to ship the first commercial cannabis flower grown in Colombia and sold into an international market. The supply contract for this first shipment is...

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Quotient Limited Announces Closing of Underwritten Offering of Ordinary Shares and Pre-Funded Warrants

JERSEY, Channel Islands, June 29, 2022 (GLOBE NEWSWIRE) — Quotient Limited (Nasdaq: QTNT) (the “Company”), a commercial-stage diagnostics company, announced the closing of its previously announced underwritten public offering of 32,458,336 ordinary shares and pre-funded warrants to purchase 34,208,331 ordinary share for aggregate gross proceeds of approximately $20.0 million. The net proceeds to the Company from this offering were approximately $18.5 million, after deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds of the offering to fund the ongoing development and commercialization of its MosaiQ microarray menu and for working capital, operating expenses and other general corporate purposes. Jefferies LLC and Cowen...

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ZICIX Finalizes Acquisition of CTIP-FII

Carson City, NV, June 29, 2022 (GLOBE NEWSWIRE) — In March 2022, Chairman William Petty of ZICIX Corporation (OTC Pink: ZICX) announced his intention to restructure the company and pursue a business relationship with Fernando Sopot, the President and Founder of CTIP First Investment Inc. (CTIP-FII). Mr. Petty and Mr. Sopot have finalized the negotiations and the acquisition has been completed. ZICIX will now maintain a significant interest of CTIP-FII as Mr. Sopot serves as President concurrently of both companies. “The shares have been exchanged as agreed upon during the negotiation period,” said Mr. Petty, “We look forward to seeing what Mr. Sopot can do to drive value into this company, through our ongoing relationship with CTIP First Investment Inc.” Mr. Sopot previously disclosed development contracts worth over $327 million...

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Resonate Blends Brings Mood and Music to Artist Tree Studio Cannabis Lounge

The Artist Tree is the Only Licensed Cannabis Consumption Lounge in Los AngelesThe Artist Tree Studio Cannabis Lounge The evolution of cannabis is here.CALABASAS, Calif., June 29, 2022 (GLOBE NEWSWIRE) — Resonate Blends, Inc. (OTCQB:KOAN), a Wellness Lifestyle cannabis holding company (“Resonate” or “the Company”), is excited to announce that Koan Cordials will be featured at West Hollywood’s The Artist Tree Studio Cannabis Lounge while music performers will be providing the entertainment events throughout the summer. The Studio Cannabis Lounge in West Hollywood is the only one of its kind in the United States and this partnership will provide users an interactive experience unavailable elsewhere. In the Studio Cannabis Lounge, guests can enjoy Koan Cordials and table-side service, live entertainment, an elegant outdoor patio...

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Ubisoft Announces the Withdrawal of Its Proposed Tender Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON OR IN OR INTO THE UNITED STATES (EACH AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO CANADA, JAPAN, AUSTRALIA OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE. UBISOFT ANNOUNCES THE WITHDRAWAL OF ITS PROPOSED TENDER OFFER Download the press release Paris, June 29 2022 – Given the current market conditions, Ubisoft has taken the decision to withdraw its proposed tender offer on its outstanding €500,000,000 1.289 per cent existing bonds due 30 January 2023.  ContactInvestor RelationsJean-Benoît RoquetteSVP Investor Relations+ 33 1 48 18 52 39Jean-benoit.roquette@ubisoft.com  Alexandre Enjalbert Senior Investor Relations Manager + 33 1 48 18 50 78 Alexandre.enjalbert@ubisoft.com  About...

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UniFirst Announces Financial Results for the Third Quarter of Fiscal 2022

WILMINGTON, Mass., June 29, 2022 (GLOBE NEWSWIRE) — UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its third quarter ended May 28, 2022 as compared to the corresponding period in the prior fiscal year: Q3 2022 Financial HighlightsConsolidated revenues for the third quarter increased 10.2% to $511.5 million. Operating income was $33.7 million, a decrease of 37.8%. The quarterly tax rate increased to 25.4% compared to 22.9% in the prior year. Net income decreased to $25.1 million, or 40.3%. Diluted earnings per share decreased to $1.33 from $2.21 in the prior year, or 39.8%.The Company’s financial results for the third quarter of fiscal 2022 included $11.4 million of costs directly attributable to its CRM, ERP and branding initiatives (the “Key Initiatives”). Excluding these Key...

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ALR Technologies Completes Definitive Manufacturing Agreement with Infinovo Medical for the GluCurve Pet CGM Hardware

SINGAPORE, June 29, 2022 (GLOBE NEWSWIRE) — ALR Technologies SG Pte. Ltd (“ALRT” or the “Company”) (OTCQB: ALRT), the diabetes management company, announces the completion of a definitive manufacturing agreement with Infinovo Medical Co. Ltd (“Infinovo”) to manufacture and supply the Continuous Glucose Monitor (“CGM”) hardware that will be utilized as part of the ALRT GluCurve Pet CGM (the “Manufacturing Agreement”). The Manufacturing Agreement gives ALRT the exclusive global rights to distribute the Infinovo CGM hardware for the animal health market, providing long-term production and supply. Subject to the satisfaction of all closing conditions it is expected that initial deliveries of product by Infinovo will be made during Q4 of 2022 “Executing the Manufacturing Agreement with Infinovo marks another major milestone in our path...

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FTI Consulting Strengthens Financial Services Practice with Addition of Big Four Veteran Denis Reynolds

WASHINGTON, June 29, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the continued investment in its Financial Services practice within the Forensic and Litigation Consulting segment with the appointment of Denis Reynolds as a Senior Managing Director. Mr. Reynolds, who is based in Toronto, has more than 30 years of experience advising large, globally significant financial institutions. He joins FTI Consulting from KPMG Canada, where he served as a Global Client Lead Partner leading large-scale complex business and regulatory-driven change projects. In his role at FTI Consulting, Mr. Reynolds will focus on providing trusted advisory services at the board, executive committee and C-suite level, as well as growing a financial services team of highly skilled professionals to serve clients in Toronto and across...

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RAK Petroleum plc: Results of 2022 Annual General Meeting

United Kingdom, 29 June 2022 RAK Petroleum plc, the Oslo Stock Exchange listed oil and gas investment company, announced that all resolutions put to its 2022 Annual General Meeting held today in London, United Kingdom, were approved by an overwhelming majority. The voting results are attached. For further queries, please contact: Kevin Toner Managing Director RAK Petroleum plcEmail: kevin.toner@rakpetroleum.uk About RAK Petroleum plc RAK Petroleum plc is an Oslo Stock Exchange listed oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are 44.94 percent of DNO ASA and 33.33 percent of Foxtrot International LDC held through Mondoil Enterprises, LLC. DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed...

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