Month: June 2022

SHANGHAI, China, June 29, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller. The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company’s board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and...

CALGARY, Alberta, June 29, 2022 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Corporation“) (PEI:TSX-V; GXRFF:OTC; FRA:OF6B) wishes to provide its fourth bi-weekly default status report (“Status Report“) under National Policy 12-203 Management Cease Trade Orders (“NP 12-203“), pursuant to which Prospera issued its original default announcement indicating that the filing of its annual audited financial statements, annual management’s discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2021 (the “Required Disclosure“), would be delayed beyond the filing deadline of April 30, 2022. Prospera reports that since issuing the original default announcement on May 3, 2022, there have been no material changes to the...

MARKHAM, Ontario, June 28, 2022 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) is pleased to announce the appointment of Dr. Gina Parvaneh Cody to its Board of Directors, effective today. “We are delighted to welcome Dr. Cody to our Board of Directors. Our Company will benefit from her extensive experience, knowledge and leadership in the development and construction industries, which will support Sienna’s strategic growth and redevelopment plans,” said Dino Chiesa, Chair of Sienna’s Board of Directors. For over 30 years, Dr. Cody served as a professional engineer, corporate executive and principal shareholder of an engineering firm, providing services to some of Canada’s largest REITs, financial institutions, builders and developers. Among her many achievements, Dr. Cody was the first woman...

(Oslo/Singapore, 29 June 2022) Telenor Group’s Malaysian subsidiary Digi.Com Berhad (“Digi”), and Axiata Group Berhad announced today that they have received a Notice of No Objection from the Malaysian Communications and Multimedia Commission (“MCMC”) on the proposed merger of Celcom and Digi’s telco operations.   With this notice the MCMC consents for the parties to advance to the next phase of the proposed transaction. The completion of the proposed transaction will now be subject to the approval of the Securities Commission, Bursa Malaysia, and by both Axiata and Digi shareholders.  “We have reached a positive milestone in the Malaysian merger process with this regulatory clearance. We are excited to move towards realising the full potential of bringing these two companies together, establishing a commercially stronger and more resilient...

Cloud-based SaaS technology from Nasdaq to underpin CIX’s third platform – a spot exchange for quality carbon credits Partnership brings cutting-edge trading functionalities to the voluntary carbon market for the first time to serve the growing needs of financial institutions and institutional investors Slated for launch in early 2023, the exchange will enable two-way spot trading via standardised contracts, increasing access to transparent pricing signals and real-time market dataNEW YORK and SINGAPORE, June 28, 2022 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and Climate Impact X (CIX), a global marketplace and exchange for quality carbon credits, today announced a strategic technology partnership that will help unlock price transparency and liquidity in the voluntary carbon market. The agreement will see CIX leverage Nasdaq’s...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICESOR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 28, 2022 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” or the “Company“) is pleased to announce the completion of the initial closing of its previously announced Series I Class A Preferred Share (the “Series I Class A Preferred Shares“) offering for gross proceeds of approximately $1,220,000 at a price of $3.00 per Series I Class A Preferred Share (the “Offering“). The Company expects to complete one or more additional tranches of the Offering in the coming weeks. The Series I Class A Preferred Shares, which are non-voting and non-convertible, will pay a cumulative dividend of approximately 9.2%, paid quarterly, and are redeemable by the Company six...

VANCOUVER, British Columbia, June 28, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders held today passed, including the election of all of the director nominees listed in the management information circular dated May 2, 2022. Voting as to each of the director nominees was as follows:Name of Nominee Votes Cast FOR % Votes Cast FOR Votes WITHHELD % of Votes WITHHELDMichael Barrett 54,210,700 82.164% 11,768,097 17.836%Ross Hamilton 61,310,782 92.925% 4,668,015 7.075%Quinton Hennigh 60,269,166 91.363% 5,697,631 8.637%Michael Spreadborough 61,249,282 92.857% 4,711,515 7.143%Amy Jo Stefonick 64,793,834 98.230% 1,167,563 1.770%Refer to the report...

SHANGHAI, China, June 28, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced its continued investment in its Forensic & Risk Advisory Services practice with the appointment of Casey Kah as a Senior Managing Director in Shanghai. Mr. Kah brings over 20 years of experience conducting independent investigations into financial misstatements, bribery and corruption issues and employee misconduct matters, as articulated by whistleblowers, auditors or short sellers. Prior to joining FTI Consulting, Mr. Kah was a Partner in the Forensic & Integrity Services practice at Ernst & Young in Shanghai. He led numerous complex investigations and assisted clients in proactively identifying risk areas and managing and mitigating non-compliance risks, strengthening processes and supporting systems and enhancing...

SINGAPORE, June 29, 2022 (GLOBE NEWSWIRE) — Wood Mackenzie announces the launch of the second edition of its Power & Renewables Asia Pacific (APAC) Virtual Conference on July 26 – 28. Asia Pacific is the world’s biggest electricity consumer and carbon emitter, larger than Europe and North America combined. With strong demand growth and coal still accounting for over half of power supply, the region has yet to peak carbon emissions and is at its infancy in the long journey to net zero. The path to success is now paved with even more obstacles as fuel and power prices soar, geopolitical tensions rise, supply chains are stressed and project developers face rising costs and unprecedented revenue risks. The big question now is whether Asia Pacific can rise above these challenges and take a proactive role in the energy transition....