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Day: November 25, 2022

RevoluGROUP Canada Inc. Signs Mutual Business Development Strategy Furthering Equity Investment Talks

Vancouver, BC , Nov. 25, 2022 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Company”) is pleased to announce that it has signed a mutual Business Development agreement on November 25th, 2022, in which the potential Acquirers and the Company agree to a future joint strategy should the equity investment conclude favorably. The addendum is a continuance of negotiations concerning the October 14th, 2022, term sheet defining a potential share equity acquisition by a European Financially Regulated entity allied to a UAE Based Financial Consultancy firm. Under the terms of the agreement, if fruitful, it may result in a change of control as specified in the SECURITIES ACT [RSBC 1996] CHAPTER 418 – Part 1. The Company issues the current news release in conformity with policy 85, sections...

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Swvl Reports Further Steps in its Portfolio Optimization Program

DUBAI, United Arab Emirates, Nov. 25, 2022 (GLOBE NEWSWIRE) — Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today reported that it is implementing further measures as part of its previously announced and ongoing portfolio optimization program to reduce costs. These further measures will include the following:Focus on the largest markets which contribute the majority of Swvl’s revenues, primarily in Egypt and Mexico Evaluation of strategic alternatives for smaller countries of operations which can include potential sale, scale back or discontinuation of these operations Reduction in headcount by over 50% Reduction in operating expenses across central costs as well as all markets. These include aggressive cost cutting in discretionary spending...

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Achiko AG Issues a Convocation Notice to its Shareholders for its Annual General Meeting on December 20, 2022

ZURICH, Switzerland, Nov. 25, 2022 (GLOBE NEWSWIRE) — Achiko AG (SIX: ACHI; OTCQB: ACHKF; ISIN CH0522213468) (“Achiko”, the “Company”) has issued a convocation notice to its shareholders for the Company’s Annual General Meeting taking place at 10:00 a.m. CET on December 20, 2022, in the offices of the Notary public Notariat Riesbach-Zurich, Kreuzstrasse 42, 8008 Zurich Zurich. Due to the Covid-19 pandemic, this year’s Annual General Meeting will be held in accordance with art. 27 para. 1 letter b of the Covid-19-Ordinance 3 without physical presence of the shareholders. Shareholders may exercise their shareholders’ rights through the independent proxy only, as further set out in the invitation to the Annual General Meeting. The Board of Directors regrets not being able to welcome the shareholders to the Annual General Meeting...

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PMV Consumer Acquisition Corp. Announces Redemption of Class A Common Stock

Palm Beach, FL, Nov. 25, 2022 (GLOBE NEWSWIRE) — PMV Consumer Acquisition Corp. (OTC Pink: PMVC) (“PMV” or the “Company”) announced today that it has elected to redeem all of its outstanding shares of Class A Common Stock subject to redemption, totaling 2,046,609 shares issued in its IPO (“Class A Shares”) in accordance with the provisions of its charter (the “Redemption”). The Redemption will be completed following the expiration of the notice period set forth in the redemption notice disseminated to shareholders. As set forth in the Company’s charter, holders of the Class A Shares redeemed will receive a pro rata share of the cash, including the interest earned thereon net of interest that may be used by the Company to pay its taxes payable (and not any stock) held in the Company’s IPO Trust Account (the “Cash Redemption Amount”)....

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On the early termination of the credit line contract signed with the Latvian branch of OP Corporate Bank plc

The Joint Stock Company “Latvijas Gāze” and the Latvian branch of OP Corporate Bank plc have agreed upon an early termination of the credit line (overdraft) contract signed on September 22, 2017. All and any obligations arising from the previously signed credit line contract are terminated and cancelled on November 25, 2022. Board of JSC “Latvijas Gāze” On the JSC “Latvijas Gāze” Latvijas Gāze is one of the leaders of the Baltic energy industry.Our goal is to consolidate the leading position of the Latvijas Gāze Group in the Latvian and Baltic energy market by becoming the customers’ first choice among natural gas suppliers and providing the most reliable natural gas supply for the entire region.The wholesale and sale of natural gas to business customers is carried out in Latvia, Lithuania and Estonia. Following the opening of the Finnish...

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Optimum Ventures Ltd. Announces Entry Into Definitive Agreement to Acquire Alaska Mineral Claims

VANCOUVER, British Columbia, Nov. 25, 2022 (GLOBE NEWSWIRE) — Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV:OPV), is pleased to announce that the Company has entered into a share exchange agreement dated November 24, 2022 (the “Agreement”) with all of the shareholders of 1309762 B.C. Ltd. (the “Vendor”), a privately held corporation incorporated under the laws of British Columbia, pursuant to which the Company has agreed to acquire all of the issued and outstanding common shares from the shareholders of Vendor in exchange for 3,000,000 common shares of the Company (“Optimum Shares”) subject to the terms and conditions set out in the Agreement (the “Transaction”) and the approval of the TSX Venture Exchange (the “TSXV”). The Vendor owns 19 contiguous mining claims forming the Salmon Property covering approximately 208...

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Seanergy Sets Date for the Third Quarter and Nine Months Ended September 30, 2022 Financial Results, Conference Call and Webcast

Earnings Release: Wednesday, November 30, 2022, After Market Close in New YorkConference Call and Webcast: Thursday, December 1, 2022, at 9:00 a.m. Eastern Time GLYFADA, Greece, Nov. 25, 2022 (GLOBE NEWSWIRE) — Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today that it will release its financial results for the third quarter and nine months ended September 30, 2022, after the market close in New York on Wednesday, November 30, 2022. The following day, Thursday, December 1, 2022, at 9:00 a.m. Eastern Time, the Company’s management will host a conference call to present the financial results. Audio Webcast:There will be a live, and then archived, webcast of the conference call and accompanying slides available through the Company’s website. To listen to the archived audio file, visit our...

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EdTech and Smart Classrooms Market Revenue to Hit US$232.9 billion by 2027- Report by MarketsandMarkets™

Chicago, Nov. 25, 2022 (GLOBE NEWSWIRE) — The global EdTech and Smart Classrooms Market is expected to grow from USD 125.3 billion in 2022 to USD 232.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period, according to report by MarketsandMarkets. Rising adoption of edtech platforms in government organisations, academic institutions, and other institutions, increasing internet and smartphone penetration, eLearning solutions, AI based learning, and the expansion of the edtech and smart classroom market across developing regions are driving growth in the global edtech market. Browse in-depth TOC on “EdTech and Smart Classrooms Market” 286 – Tables 48 – Figures 253 – Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1066 Scope of...

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Brascan Announces Agreement to Acquire REE Claims

VANCOUVER, British Columbia, Nov. 25, 2022 (GLOBE NEWSWIRE) — Brascan Gold Inc. (CSE: BRAS) (“Brascan” or the “Company”) is pleased to announce that it has entered into a share exchange agreement (the “Agreement”), dated November 23, 2022, with 1000348637 Ontario Inc. (“NumberCo”), a private arm’s length company, the shareholders of NumberCo (the “Vendors”) and the holders (the “Claimholders”) of certain mineral claims known as “Albany Forks” (the “Claims”) covering approximately 2,376 hectares located in the Porcupine mining division, 365 km northwest of the town of Timmins, ON, in the James Bay Lowlands. Pursuant to the Agreement, the Company has agreed to acquire all of the issued and outstanding shares in the capital of NumberCo in exchange for 6,500,000 common shares in the capital of the Company at a deemed price of...

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Captor Therapeutics Reports Q3 2022 Results and Provides Business Update

Lead assets approaching the clinic and new significant drug discovery collaboration signed with Ono Pharmaceutical WROCŁAW, Poland, Nov. 25, 2022 (GLOBE NEWSWIRE) — Captor Therapeutics S.A. (WSE:CTX), a biopharmaceutical company dedicated to the development of Targeted Protein Degradation (TPD)-based drugs for the treatment for cancer and autoimmune diseases, reports its financial results for the third quarter of 2022 and provides a business update. The Company has made further substantial progress in the development of its lead programs throughout the period, most notably CT-01, with the selection of a drug candidate and the initiation of the necessary steps to generate the data required to commence clinical trials in patients. Following the reporting period, the Company has announced that it signed a drug discovery collaboration...

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