Proactive news headlines including Apple, Hotel Chocolat, American Resources, Lobe Sciences, Minto Metals and Nickel North Exploration

Written by Customer Service on July 19, 2022. Posted in Mergers And Acquisitions.

New York, July 19, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Apple to slow hiring and investment ahead of potential downturn – report click here Endexx launches Blesswell skincare products in select Target stores in the US click here Tissue Regenix ‘well-positioned to deliver persistently strong sales growth’, says analyst click here Hotel Chocolat the latest retailer to crash and burn in the US click here Sidus Space grows relationship with Teledyne Marine after highest revenue quarter since partnership began click here Chesapeake Financial sees 1Q earnings rise to $4.06M thanks to strong asset quality click here American Resources posts record preliminary revenue growth in 2Q click...

UPDATE — Eleventh Circuit Once Again Rules in Favor of MSP Recovery, This Time Against Metropolitan General Insurance Company and Affiliates

Written by Customer Service on July 19, 2022. Posted in Public Companies.

Adding Additional Case Law References CORAL GABLES, Fla., July 19, 2022 (GLOBE NEWSWIRE) — MSP Recovery, Inc. (NASDAQ: MSPR) today announced that in an important new decision issued on Monday, the U.S. Circuit Court of Appeals for the Eleventh Circuit in MSP Recovery Claims, Series LLC, et al. v. Metropolitan General Insurance Company, et. al., Case No. 21-11547 (11th Cir. July 18, 2022) overruled a Southern District Court Judge, finding that MSP Recovery properly alleged that Metropolitan General Insurance (“Metropolitan”) had a “demonstrated responsibility” to pay claims brought under the private cause of action provided for by the Medicare Secondary Payer Act. The statutory framework of the Medicare Secondary Payer Act recognizes that when liability insurers such as Metropolitan (i.e., a primary plan) fail to pay for items or...

CL Fitch Pty Ltd Acquires Securities of Class 1 Nickel & Technologies Limited

Written by Customer Service on July 19, 2022. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, July 19, 2022 (GLOBE NEWSWIRE) — CL Fitch Pty Ltd ATF Caelan Fitch Family Trust (the “Acquirer”) announces that it has acquired ownership and control of an aggregate of 4,000,000 common shares (the “Subject Shares”) of Class 1 Nickel & Technologies Limited (the “Company” or “Class 1”), effective July 19, 2022 (the “Acquisition”). The Subject Shares were issued pursuant to a private placement by the Company and represented approximately 3.1% of all issued and outstanding common shares of the Company (“Shares”) as of July 19, 2022, resulting in a corresponding change to the aggregate percentage ownership of the Company by the Acquirer. Immediately before the Acquisition, the Acquirer and its joint actors held an aggregate...

Rogers Sugar Inc.: Conference Call – 3rd Quarter 2022 Results

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, July 19, 2022 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (RSI) will be holding a conference call to discuss their 2022 third quarter results on Thursday, August 11, 2022 at 8h00 (Eastern Time). The conference call will be chaired by Mr. Michael Walton, Chief Executive Officer and Mr. Jean-Sébastien Couillard, Chief Financial Officer. If you wish to participate, please dial 1-888-400-2425. A recording of the conference call will be accessible shortly after the conference, by dialing 1-800-770-2030, access code 9031006#. This recording will be available until August 25, 2022. For further information Jean-Sébastien Couillard Vice President of Finance, Chief Financial Officer and Corporate Secretary Tel.: (514) 940-4350 www.lanticrogers.com

Parker Confirms UK Government’s Approval of the Meggitt Acquisition

Written by Customer Service on July 19, 2022. Posted in Mergers And Acquisitions.

CLEVELAND, July 19, 2022 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE:PH) today welcomes the announcement from the UK’s Secretary of State for Business, Energy and Industrial Strategy that, following public consultation, he accepts the competition and national security undertakings provided by Parker in relation to the Meggitt acquisition and the transaction is therefore cleared to proceed by the UK Government. As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the “Acquisition”). Parker also confirms that it has signed legally binding economic commitments with the UK Government. These commitments include maintaining the following,...

Marel: Preliminary results for Q2 2022 show new record in orders received of EUR 472m, revenues of EUR 397m and operational performance of 6.3% EBIT

Written by Customer Service on July 19, 2022. Posted in Earnings Releases And Operating Results.

Marel’s preliminary and unaudited financial results for 2Q 2022 show new record in orders received of EUR 472m (2Q21: 371m) and revenues of EUR 397m (2Q21: 328m). In the quarter, the Wenger acquisition contributed EUR 17m to orders received and EUR 12m to revenues. The preliminary order book of EUR 775m (Mar22: 619m and Jun21: 499m), including the acquired order book from Wenger and Sleegers of EUR 81m, is at a record high. Operational performance is below expectations resulting in a preliminary EBIT* margin of 6.3% in the quarter (2Q21: 11.8%). Wenger contributed positively to operational performance. In light of continued supply chain disruption and inflation at high levels leading to slower ramp up of revenues than originally planned, Marel is taking firm actions to improve operational performance towards the year-end 2023 targets. To...

AAON Zero Degree Cold Climate Air-Source Heat Pump Winner in ACHR News 2022 Dealer Design Awards

Written by Customer Service on July 19, 2022. Posted in Public Companies.

TULSA, Okla., July 19, 2022 (GLOBE NEWSWIRE) — AAON, Inc. (NASDAQ: AAON) was recognized for excellence in product design in the 19th annual Dealer Design Awards Program sponsored by The Air Conditioning Heating & Refrigeration News magazine. An independent panel of contractors acted as judges in the contest that had 132 entries. The company’s RQ/RN Series Zero Degree Cold Climate Air-Source Heat Pump was the Gold award winner in the HVAC Light Commercial Equipment. The ACHR News is the leading trade magazine in the heating, ventilating, air conditioning, and refrigeration industries. “These awards are a unique opportunity to showcase the research and development work that goes on behind the scenes in creating the products serving the HVACR industry,” said Sarah Harding, publisher of The ACHR NEWS. “Our awards issue gives readers...

Class 1 Nickel and Technologies Ltd. Completes Private Placement

Written by Customer Service on July 19, 2022. Posted in Public Companies.

TORONTO, July 19, 2022 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Ltd. (CSE: NICO/OTCQB: NICLF) (“Class 1 Nickel” or the “Company”) is pleased to announce that it has completed its previously announced non-brokered private placement (the “Private Placement”) pursuant to which it has issued an aggregate of 4,000,000 common shares of the Company (the “Subject Shares”) at a price of Cdn$0.25 per Subject Share to raise aggregate gross proceeds of Cdn$1,000,000. Mr. David Fitch, President of the Company, has purchased all of the Subject Shares issued pursuant to the Private Placement. As Mr. Fitch is an insider of the Company, the Private Placement is a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61- 101”)....

Hemp, Inc.’s CBDA and CBGA Products on Sale Now

Written by Customer Service on July 19, 2022. Posted in Public Companies.

Las Vegas, NV, July 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — From old-fashioned to new-fashioned, hemp has done it again and Hemp, Inc. (OTC PINK: HEMP) is right on the forefront. The Company announced its CBDA and CBGA capsules are in stock and available for sale. With 14 years under its belt and counting, the Company has been a consistent force leading the way in the industrial hemp industry much like Oregon State University’s (OSU) recent study that “found hemp compounds could prevent a Covid-19 infection”. This not only sparked new interest in hemp compounds, it’s creating a tidal wave across the country. Hemp, Inc. is riding that wave. “We plan to sell these products via wholesale and retail direct-to-consumer, by utilizing aggressive SEO and marketing strategies,” said one Hemp, Inc. executive. Many anticipate...

Morien Provides Update on the Donkin Mine

Written by Customer Service on July 19, 2022. Posted in Public Companies.

HALIFAX, Nova Scotia, July 19, 2022 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSX-V:MOX), wishes to provide an update on the Donkin Coal Mine (“Donkin” or the “Mine”) in Cape Breton, Nova Scotia, owned and operated by Kameron Collieries ULC (“Kameron”), upon which Morien has a royalty interest. On July 18, 2022, the Cape Breton Post reported on an interview it conducted with Cape Breton Regional Municipality councillor James Edwards, who sits on the Donkin Community Liaison Committee. In its article, the Cape Breton Post attributes Mr. Edwards as saying: “They’re [Kameron] gearing up to resume operations. To be clear, they have not received approval from the province. They still have to seek all the regulatory approvals, but they’re hopeful that they’ll meet all the requirements...

Day: July 19, 2022

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