Lesaka Reports Fourth Quarter 2022 Results

Written by Customer Service on September 9, 2022. Posted in Earnings Releases And Operating Results.

JOHANNESBURG, South Africa, Sept. 09, 2022 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth fiscal quarter and year ended June 30, 2022. Highlights: Performance for the quarter ended June 30, 2022 (Q4 2022) Group revenue of $121.8 million in Q4 2022, compared to $34.5 million for the quarter ended June 30, 2021 (Q4 2021), driven by the inclusion of Connect from April 14, 2022 which added $86.2 million to the Group’s revenue and 23% growth in revenue in the existing merchant business. On a constant currency basis, the existing merchant business grew revenue 35% in Q4 2022 to ZAR304 million1. The Group’s operating loss of $10.1 million in Q4 2022 improved from an operating loss of $13.6 million for Q4 2021. Segment Adjusted EBITDA (before corporate/eliminations) for Q4 2022...

NewAge, Inc. Announces Sale of Legacy Direct Store Distribution Division

Written by Customer Service on September 9, 2022. Posted in Mergers And Acquisitions.

SALT LAKE CITY, Sept. 09, 2022 (GLOBE NEWSWIRE) — NewAge, Inc. (OTC: NBEVQ) (the “Company”), the Utah-based direct-to-consumer (D2C) organic and healthy products company, today announced that its wholly-owned subsidiaries, NABC, Inc. and NABC Properties, LLC (together, “NABC”), have entered into a definitive agreement to sell the legacy direct store distribution (“DSD”) division to Legacy Distribution Group, a Colorado-based distribution company. The transaction is expected to be completed in the fourth quarter of 2022, and closing will be subject to court approval in the Company’s pending bankruptcy case. The Company believes the DSD business is one of the largest independent distributors in Colorado providing beverages and snacks to grocers, big box retailers and convenience stores. It has been serving the Colorado community...

Legacy Distribution Group, a Wholly-Owned Subsidiary of Global Sciences, to Purchase the Direct Store Distribution Operation from New Age Beverage Corporation

Written by Customer Service on September 9, 2022. Posted in Mergers And Acquisitions.

Denver, CO, Sept. 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — CBD Global Sciences Inc., dba Global Sciences Inc. (OTC: CBDNF) (CSE: CBDN) (Frankfurt: GS3.F) (Munich: GS3.MU) (the “Corporation“), is pleased to announce that today it has entered into a definitive asset purchase agreement earlier today with New Age Beverage Corporation and NABC Properties, LLC (collectively, NABC) to acquire the Direct Store Distribution (“DSD”) operation. Legacy Distribution Group, “Legacy Distribution” (Denver, CO) has executed a purchase agreement to acquire the DSD operations from New Age Beverage Corporation, a Colorado corporation, and a wholly owned subsidiary of New Age, Inc. (“New Age”). The transaction is expected to be completed in the fourth quarter of 2022, and closing will be subject to a 21-day diligence period...

VINCI Airports named successful tenderer for the Tahiti Faa’a airport concession in French Polynesia

Written by Customer Service on September 9, 2022. Posted in Public Companies.

Nanterre, September 9, 2022 VINCI Airports named successful tenderer for the Tahiti Faa’a airport concession in French Polynesia A 40-year concession A major works programme to modernise the airport An ambitious environmental policy to make Tahiti Faa’a a Net Zero Emission airport VINCI Airports has been designated by the French government as the successful tenderer for the 40-year concession for Tahiti Faa’a airport in French Polynesia. The main airport and gateway to French Polynesia, Tahiti Faa’a airport welcomed 1.5 million passengers in 2019. The new concession company, 51% owned by VINCI Airports and 49% by French Polynesia, will be responsible for operating, promoting, developing, maintaining and upgrading the airport. It will also be responsible for designing, financing and carrying out a programme...

The All-New iPhone 14, iPhone 14 Plus, iPhone 14 Pro, iPhone 14 Pro Max are now available for pre-order on the award-winning 5G network in Canada from TELUS

Written by Customer Service on September 9, 2022. Posted in Public Companies.

TORONTO, Sept. 09, 2022 (GLOBE NEWSWIRE) — TELUS will offer the most advanced iPhone lineup ever with iPhone 14, iPhone 14 Plus, iPhone 14 Pro and iPhone 14 Pro Max, all with a durable and sophisticated design, superfast 5G, impressive camera upgrades, and vital new safety capabilities. Customers will be able to pre-order all iPhone models on Friday, September 9, with iPhone 14, iPhone 14 Pro, and iPhone 14 Pro Max availability on Friday, September 16, and Friday, October 7 for iPhone 14 Plus. For complete pricing and availability details, please visit telus.com/iphone14. “TELUS is excited to offer the new iPhone 14 lineup with impressive camera features, amazing battery life and Crash Detection, all on our world-leading 5G network. There’s no better time than now to upgrade your phone, and together with our unlimited data plans...

Nokia Corporation: Repurchase of own shares on 09.09.2022

Written by Customer Service on September 9, 2022. Posted in Public Companies.

Nokia CorporationStock Exchange Release9 September 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 09.09.2022 Espoo, Finland – On 9 September 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 202,928 5.06 CEUX 21,052 5.07 AQEU 11,804 5.06 TQEX 4,416 5.06 Total 240,200 5.06 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation...

EKIMAS Corporation Announces Special Cash Distribution

Written by Customer Service on September 9, 2022. Posted in Public Companies.

Las Vegas, NV, Sept. 09, 2022 (GLOBE NEWSWIRE) — EKIMAS Corporation (OTC Pink: “ASNB”) today announced that the Company’s Board of Directors approved a special cash distribution of $0.25 per share at its September 8, 2022 meeting. The cash distribution is payable on September 19, 2022 to shareholders of record as of March 11, 2022. About EKIMAS Corporation EKIMAS Corporation, is engaged in efforts to identify an operating company to acquire or merge with through an equity-based exchange transaction that would likely result in a change in control. Although certain opportunities have been investigated to determine whether a potential merger opportunity could add value for the benefit of the Company’s shareholders, the Company has not yet entered into any binding arrangements. Cautionary Note Regarding Forward-Looking Statements Some...

Proactive news headlines, including Forte Minerals, Zinc8 Energy Solutions, Rockstar Games and Doubleview Gold

Written by Customer Service on September 9, 2022. Posted in Mergers And Acquisitions.

New York , Sept. 09, 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: Forte Minerals taps Jasmine Lau for the CFO role click here Stifel says Tamarack assay results support strong resource growth expectations at Talon Metals click here Doubleview Gold commissions sensor-based ore sorting assessments of its HAT Deposit in British Columbia click here Rockstar Games poised to hang up Grand Theft Auto Online for good click here Zinc8 Energy Solutions raises $1.8M through exercise of warrants click here CleanSpark inks deal to acquire turnkey bitcoin mining facility in Georgia click here Regency Silver completes summer 2022 drill program at Dios Padre Property in Mexico click here Amur Minerals confirms plans for...

IBI Group Inc. Announces Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend Shareholders Vote for the Acquisition by Arcadis

Written by Customer Service on September 9, 2022. Posted in Mergers And Acquisitions.

TORONTO, Sept. 09, 2022 (GLOBE NEWSWIRE) — IBI Group Inc. (“IBI” or the “Company”), a globally integrated design and technology firm, is pleased to announce that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co., LLC (“Glass Lewis”) have recommended that IBI’s shareholders vote FOR the special resolution (the “Arrangement Resolution”) to approve the proposed acquisition (the “Acquisition”) by affiliates of Arcadis N.V. of all of the common shares of the Company and Class B Units of IBI Group for cash consideration of C$19.50 per common share or Class B Unit (the “Consideration”), as the case may be. The Consideration to be received by the holders of common shares of the Company and Class B Units of IBI Group under the Acquisition...

Balincan USA, Inc. and Tekumo LLC. complete Merger, Financing and Recapitalization

Written by Customer Service on September 9, 2022. Posted in Mergers And Acquisitions.

NEW YORK, Sept. 09, 2022 (GLOBE NEWSWIRE) — Balincan USA Inc. (“Balincan” or the “Company”) announces that it has acquired Tekumo LLC, a Colorado limited liability corporation (“Tekumo”), pursuant to an acquisition completed on June 14, 2022, and closed $797,500 of new financing. Further, all current debt and outstanding convertible and preferred securities were eliminated in exchange for Company common equity. Introducing Tekumo Tekumo is an intelligent service delivery platform that solves the “last-mile” of installing, monitoring, and maintaining technology systems and smart connected devices. The Internet of Things (IoT) is exploding, and digital transformation is everywhere. In delivering any product or service there remains a human link in the supply chain to install and manage such offerings. Tekumo...

Day: September 9, 2022

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