Month: September 2022

SalMar’s CFO, Gunnar Nielsen, has notified the company that he resigns from his position. Nielsen has been with SalMar since April 2022. SalMar has with regret accepted Nielsens decision and will promptly start the process of recruiting his replacement. Nielsen will stay with the company until the end of 2022. “SalMar wishes to thank Nielsen for his efforts and valuable contributions as part of the top management during the period he has been in the company,” says CEO Linda Litlekalsøy Aase. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act

According to the public service agreement for passenger transport on the Rohuküla-Heltermaa and Virtsu-Kuivastu ferry lines concluded between the Republic of Estonia and AS Tallinna Sadam’s subsidiaries TS Laevad OÜ and OÜ TS Shipping (11.12.2014 no. 14-009), the Ministry of Economic Affairs and Communications informed that the state as the customer of the transport will not use the option to buy out the ferries specified in clause 29 of the contract. According to the contract, the state had the right to buy out one to four ferries owned by TS Laevad OÜ built for the purpose of the contract at a fixed price at the end of the contract period, by notifying of the exercise of the option no later than 30.09.2022. TS Laevad serves Saaremaa and Hiiumaa passenger lines based on a valid passenger transport contract until 30.09.2026, the...

As communicated by Fingerprint Cards AB (publ) (“Fingerprints” or the “Company”), extensive Covid-19-related restrictions introduced in China during 2022 have led to a significantly decreased demand for smartphones in China, which is the company’s largest market. This development has had a significant negative impact on Fingerprints’ sales in the mobile segment in China. The Company has been following the developments in China and its effect on Fingerprints closely and has come to the conclusion that the Company runs a high risk of breaching the maintenance test covenant under its outstanding Senior Secured Callable Floating Rate Bonds 2021/2024. In addition, the decreased sales volumes in China have entailed a strained working capital position for the Company. Therefore, the Company has carried out an issue of perpetual hybrid equity...

First Van Arrival produces first production verification van in Microfactory.See HERE for press kit LONDON, Sept. 30, 2022 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL) today announced that it has produced the first production verification vehicle from its Bicester Microfactory. Arrival produced the first Van in a Microfactory using in-house technologies, including composite materials, autonomous mobile robots, in-house components and a software defined factory. The milestone is a big stepping stone towards at-scale production and delivering vehicles to its customers. “Today is an important day for Arrival. This is the first time a vehicle has ever been built in our Microfactory, using a new method that does not use a traditional assembly line. Although we have not yet achieved serial production, we are focused on making it happen....

GPOPlus+ Engages North Equities Corp. to Provide Digital Marketing Services GPOPlus+ Engages North EquitiesLAS VEGAS, NV, Sept. 29, 2022 (GLOBE NEWSWIRE) — GPO Plus, Inc. (OTCQB: GPOX), a publicly traded company of diversified Group Purchasing Organizations (GPOs) that uses the power of Group Purchasing to save businesses money, announced they engaged North Equities Corp. GPOX has entered into a 6-month marketing and consulting contract with Toronto-based marketing firm, North Equities Corp. (the “Contract”). North Equities Corp. specializes in various social media platforms and will be able to facilitate greater awareness and widespread dissemination of the Company’s news. In connection with the Contract, the Company will issue North Equities 300,000 shares. North Equities currently does not own any shares...

TORONTO, ON, Sept. 29, 2022 (GLOBE NEWSWIRE) — Avante Logixx Inc. (“Avante” or the “Company”) (TSXV: XX) is pleased to announce the results of its annual general and special meeting of shareholders held on September 29, 2022 (the “Meeting”). The Company put forward the following resolutions to be voted on by shareholders at the Meeting: (i) to set the number of directors at five (5); (ii) the election of directors; (iii) to appoint RSM Canada LLP as auditors of the Company until the next annual meeting of shareholders of the Company; (iv) to approve the Company’s amended and restated 10% rolling stock option plan; and (v) to authorize the Corporation to change its name from Avante Logixx Inc. to Avante Corp. Resolutions (i) to (v) were approved by shareholders. A total of 10,512,786 Common Shares of the 26,489,438 Common Shares...

Toronto, ON, Sept. 29, 2022 (GLOBE NEWSWIRE) — Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”), today announced that it has entered into a second loan amending agreement (the “Second Amending Agreement”) to an original loan agreement dated March 29, 2021, as amended October 4, 2021 with BJK Holdings Ltd. (“BJK”) in the total amount of $19.775 million across four facilities (collectively the “Loan”). As a result of the Second Amending Agreement, the maturity date on the Loan has been extended to November 30th, 2024 (the “Maturity Date”), and an additional loan facility in the amount of $4,985,000 has been extended to the Company, bringing the total amount of proceeds that the Company has access to through the Loan to $19.775 million. A one-time loan amendment fee of $985,000 was paid to...