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Month: September 2022

Grupo Aeroportuario del Pacifico Announces Issuance of Sustainability-Linked Bond Certificates in Mexico for Ps. 2.8 Billion

GUADALAJARA, Mexico, Sept. 26, 2022 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announced today that it successfully completed the issuance of 27,575,876 long-term bond certificates in Mexico (Certificados Bursátiles) at a nominal value of Ps. 100 each (One hundred pesos 00/100), for a total value of Ps. 2,757,587,600 (Two billion seven hundred fifty-seven million five hundred eighty-seven thousand six hundred pesos 00/100 M.N.). The bond certificates were issued in accordance with the following terms:27,575,876 bond certificates were issued under the ticker symbol “GAP 22L”, at a nominal value of Ps. 100 (One hundred pesos 00/100) each, for a total value of Ps. 2,757,587,600 (Two billion seven hundred fifty-seven million five hundred eighty-seven thousand...

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CVG Announces Participation in the Lytham Partners Fall 2022 Investor Conference

NEW ALBANY, Ohio, Sept. 26, 2022 (GLOBE NEWSWIRE) — CVG (NASDAQ: CVGI) announced today that Harold Bevis, President and Chief Executive Officer, will participate in the Lytham Partners Fall 2022 Investor Conference being held virtually on September 28 and 29, 2022. Additionally, Management will participate in a virtual fireside chat, which will be available to view on Wednesday, September 28, 2022, at 9:00 a.m. ET. A link to the webcast can be accessed through the Investor section of the Company’s website at ir.cvggroup.com. The presentation materials will be posted on the Company’s website and will be archived there for a period of 30 days. Management will also meet virtually with investors during the conference on September 29th. To register for the conference and arrange a virtual one-on-one meeting, please visit https://www.lythampartners.com/fall2022invreg/. About...

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Alkaline Fuel Cell Power Corp. Announces Filing and Mailing of Information Circular for Special Meeting of Shareholders

TORONTO, Sept. 26, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce the SEDAR filing and physical mailing of a management information circular dated September 26, 2022 (the “Circular”) and related meeting and proxy materials in connection with its upcoming special meeting of shareholders to be held on October 17, 2022 (the “Special Meeting”). At the Special Meeting, AFCP will seek shareholder approval to amend the exercise price of certain outstanding common share purchase warrants (the “Warrants”) of the Company from between $0.75 and $0.33 (which is significantly above current trading prices for the common shares...

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Sangoma Announces Fourth Quarter Fiscal 2022 Results

Annual Revenue grows 71% year-over-year and Adjusted EBITDA1 Exceeds $42 million MARKHAM, Ontario, Sept. 26, 2022 (GLOBE NEWSWIRE) — Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted leader in delivering cloud-based Communications as a Service solutions for companies of all sizes, today announced its fourth quarter financial results and audited consolidated financial statements for the fiscal year 2022 ended June 30, 2022. As a reminder, Sangoma completed its acquisition of NetFortris on March 28, 2022. As a result, this fiscal fourth quarter is the first quarter in which our income statement includes the full contribution from NetFortris’ sales and operations. Sales for the fiscal year 2022 were a record $224.35 million, up from the prior year by 71%, and for the fourth quarter were...

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Kings Entertainment Receives CSE Conditional Approval to Proceed with Acquisition of Parent of Bet99 Sportsbook and Casino Operator, Calls Shareholder Meeting to Approve the Acquisition and Refiles its Q2 2022 Interim Financial Statements

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR OTHER DISSEMINATION IN THE UNITED STATES/         VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) —  Kings Entertainment Group Inc. (“Kings Entertainment” or the “Company”) (CSE:JKPT, OTC: JKPTF) announces that it has received conditional approval of the Canadian Securities Exchange (the “CSE”) in connection with its previously announced proposed business combination (the “Business Combination”) with Sports Venture Holdings Inc. (“SVH”), the parent company of the market-leading Bet99 brand. Kings Entertainment also announces that it has called a meeting of its shareholders to be held on October 25, 2022 (the “Meeting”) for the purposes of seeking, among other things, shareholder approval of the Business Combination in accordance with the polices of the CSE. “We remain excited...

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INDIEV, INC. AND MALACCA STRAITS ACQUISITION COMPANY LIMITED ENTER BUSINESS COMBINATION AGREEMENT

DEVELOPER OF INDI ONE ELECTRIC VEHICLE PLANS TO GO PUBLIC ON NASDAQ CAPITAL MARKET Los Angeles CA, Sept. 26, 2022 (GLOBE NEWSWIRE) — Indiev, Inc. (“INDIEV”), an electronic vehicle company specializing in the design of next generation electric vehicles, and Malacca Straits Acquisition Company Limited (Nasdaq: MLAC) (“Malacca”), a special purpose acquisition company (SPAC), today announced they have entered into a definitive merger agreement for a business combination that will result in INDIEV becoming a wholly-owned subsidiary of Malacca. INDIEV was founded in 2017 on the idea that the future of personal mobility will no longer be defined solely by horsepower or top speed, but rather from the connectivity, customizability, and processing power offered to drivers and passengers. Currently, the gap between the level of computing...

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Reykjavík Energy CEO to retire

At today’s meeting of Reykjavík Energy’s (OR; Orkuveita Reykjavíkur) Board of Directors, CEO Bjarni Bjarnason announced that he intends to step down as CEO with the following entry to the Board’s minutes: On March 1st 2023, exactly 12 years have passed since I took over the position of CEO of Reykjavík Energy. It is my wish to step down as CEO at that juncture. By announcing my retirement well in advance, I want to give the Board the opportunity to start looking for a successor, male or female. A new municipal electoral term has now begun, and a new Board will be elected for Reykjavík Energy. The new Board will probably begin its journey with strategic planning for the Group for the coming years. I believe it is important that the Board has the opportunity to do that with my successor. Therefore, I believe that this is the right time for...

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UFP Industries names Will Schwartz president of UFP Retail Solutions

GRAND RAPIDS, Mich., Sept. 26, 2022 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that Will Schwartz has been named president of UFP Retail Solutions, LLC, effective January 1, 2023. UFP Retail Solutions is an approximately $4 billion segment of UFP Industries that specializes in yard and home products, including brands such as ProWood pressure-treated lumber; Deckorators decking and accessories; UFP-Edge siding, pattern and trim; and Outdoor Essentials fencing and lawn and garden products. Will replaces Allen Peters, who is moving into the newly created role of executive vice president of innovation. “From humble beginnings, Will began as a trainee fresh out of college and has built an impressive career at UFP Industries by taking on more skills and responsibilities. He has earned a reputation as a leader who...

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StorageVault Appoints Andrew Brown as President of RecordXpress

TORONTO, Sept. 26, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce the appointment of Andrew Brown to the position of President – RecordXpress. Andrew will oversee StorageVault’s records and information management business as we continue to introduce integrated Records Management, Data Management, Digital Services, Shredding, Warehousing, and Fulfillment solutions for our customers across Canada. “Andrew brings strong leadership experience to our records, information management and digital platform,” said Steven Scott, CEO of StorageVault.  “His breadth of knowledge across sales, strategy and operations will accelerate growth and help realize our vision for RecordXpress.  We are extremely excited to add Andrew’s proven leadership and strong understanding of the Canadian business...

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Scorpio Tankers Announces Repurchases of Its Common Shares

MONACO, Sept. 26, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has purchased its common shares in the open market. Purchase of Common Shares Today, the Company purchased 222,396 of its common shares in the open market at an average price of $41.27 per share as part of the Company’s securities repurchase program. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, lease finances or bareboat charters-in 113 product tankers (39 LR2 tankers, 60 MR tankers and 14 Handymax tankers) with an average age of 6.7 years. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release. Forward-Looking...

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