Month: June 2023
PRESS RELEASEParis, June 21th, 2023MOBILIZE FINANCIAL SERVICES ANNOUNCES THE SALE OF ITS STAKE IN RN BANK IN RUSSIAIn June 2023, AVTOVAZ entered into an agreement to acquire 100 % of the shares of RN-Bank in BARN B.V., in which RCI Banque SA holds 30 % of the economic interests. The details of the agreement are not for disclosure. About Mobilize Financial Services As a partner caring for all its customers, Mobilize Financial Services builds innovative financial services to create sustainable mobility for all. A subsidiary of the Renault Group whose activity started almost 100 years ago, Mobilize Financial Services is the commercial brand of RCI Banque SA, a French Bank specializing in automotive financing and services for Alliance customers and dealers. With operations in 35 countries and nearly...
CHANGES IN THE SENIOR MANAGEMENT OF AFARAK GROUP SE
Written by Customer Service on . Posted in Public Companies.
13:20 London, 15:20 Helsinki, 21 June 2023 – Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)
CHANGES IN THE SENIOR MANAGEMENT OF AFARAK GROUP SE
Stock Exchange Release
The Board of Directors of the Company has on its meeting held 21 June 2023 appointed Dr Roman Lurf as the CEO of the Company effective as of 1 July 2023. Dr Lurf is a mining engineer. He has been the founder and MD of LL-resources GmbH. Before that, he was CEO of AlbChrome and business development manager in Rio Tinto. The present CEO of the Company, Mr. Guy Konsbruck, will continue to serve the company as group COO as of 1 July 2023.
The Board of Directors of the Company has appointed Ms. Kylie Gauci as group CFO as of 1 July 2023. Ms. Gauci is a certified public accountant. She joined Afarak in 2014 and has been the...
ADM Endeavors, Inc. Achieves Strong Sales Growth
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ADMQ
ADMQ Q2Just Right Products Inc., the wholly owned subsidiary of ADM Endeavors (OTCQB: ADMQ), is pleased to announce sales double-digit growth for Q2
FORT WORTH, TX, June 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Just Right Products Inc., the wholly owned subsidiary of ADM Endeavors (OTCQB: ADMQ), is pleased to announce sales double-digit growth for Q2 2023. April 2023 sales were up 26% and May sales were up 12% over the same months of 2022. The company anticipates these trends continuing due to the smooth transition of the recent asset purchase of Innovative Impressions.
Additionally, ADM Endeavors has hired Alex Archer as our new CFO. Alex has experience with the public sector through past employment with a Berkshire Hathaway subsidiary. His number one priority is to implement procedures that will allow us...
Resonate Blends Executes a Binding Merger Agreement to Acquire Pegasus Specialty Vehicles
Written by Customer Service on . Posted in Mergers And Acquisitions.
Pegasus Speciality Vehicles
Bringing the experience of the past to accelerate the future.CALABASAS, Calif., June 21, 2023 (GLOBE NEWSWIRE) — Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate Blends” or the “Company”) is pleased to report it has entered into a definitive Agreement and Plan of Merger (The “Agreement”) to complete an acquisition of Pegasus Specialty Vehicles, LLC (“Pegasus”).
The Ohio-based company is an innovative leader in the low-emission and zero-emission electric vehicle (“EV”) and emerging hydrogen fuel cell technology for school buses and specialty vehicles. Pegasus currently has a substantial production backlog and a nationwide network of dedicated distributors. Resonate Blends and Pegasus signed the binding Agreement on June 20, 2023 and will now work towards the closing conditions outlined in this transaction.
Resonate...
Arelion Doubles Capacity on Ashburn-Atlanta Route with Infinera’s L-band Technology
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Seamless network upgrade enables global carrier to meet terabit-scale customer demands and diversity requirements
STOCKHOLM, Sweden and SAN JOSE, Calif., June 21, 2023 (GLOBE NEWSWIRE) — Arelion and Infinera (NASDAQ: INFN) today announced that Arelion has seamlessly upgraded its existing Infinera FlexILS flexible-grid line system to support the L-band on a high-traffic route from Ashburn, VA to Atlanta. This upgrade doubles capacity per fiber pair, marking Arelion’s first route with active L-band capacity in service. Arelion can now bring more capacity to market on a continent where long-distance fiber is in short supply in many regions, helping Arelion continue to meet the capacity requirements of its service provider, content provider, and enterprise customers.
Arelion has seen substantial demand from customers for terabit-scale...
Solar Alliance sells 67% interest in New York community solar projects, crystallizing significant value
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Meaningful ownership interest maintained while paving the way for commercial ownership opportunities
TORONTO and KNOXVILLE, Tenn., June 21, 2023 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to announce it has sold a 67% interest in the Company’s two operating solar projects in the state of New York for consideration of USD $973,360.72. Solar Alliance will maintain a 33% interest in the two projects (the “Projects”), enabling the Company to continue to benefit from the economics of the Projects.
VC1, a 298-kilowatt (“kW”) project located in the Village of Cazenovia, and US1, a 389-kW project located in the Village of Union Springs, both received permission to operate in December...
Zerify Announces Partnership with Global IT Solutions Aggregator TD SYNNEX
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EDISON, N.J., June 21, 2023 (GLOBE NEWSWIRE) — Zerify Inc., (OTC PINK: ZRFY), the 22-year-old cybersecurity company focused on Secure Video Conferencing & Endpoint Security today announced a new partnership with TD SYNNEX, a leading global IT distributor and solutions aggregator. Through this partnership, TD SYNNEX resellers and retail customers located in the United States, Canada and Japan will have the ability to sell the Zerify Meet and Zerify Defender solutions.
“We are thrilled to be working with TD SYNNEX,” says Mark L. Kay, CEO of Zerify. “Both companies can leverage each other’s strengths, expand their market presence, and deliver comprehensive solutions that address the critical need for robust cybersecurity in today’s digital landscape.”
“TD SYNNEX is committed to uniting IT solutions that deliver...
BioPorto A/S announces results of rights issue
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June 21, 2023Announcement no. 11
BioPorto A/S announces results of rights issue
COPENHAGEN, Denmark and BOSTON, MA, USA, June 21, 2023, (GLOBE NEWSWIRE) — BioPorto A/S (“BioPorto” or the “Company”) today announces that the rights issue launched on May 30, 2023 (the “Offering”), will raise gross proceeds of approximately DKK 43 million upon receipt of payment for the subscribed shares later this week.
“We are pleased to announce the Offering’s results. The proceeds from the rights issue will strengthen BioPorto’s capital resources, allowing the Company to advance its De Novo application for an NGAL test through review by the US Food and Drug Administration, grow revenues in Europe and other markets, and expand the total addressable market for NGAL tests in the US,” said Tony Pare, BioPorto’s Chief Executive Officer. “I would like...
Emerging Markets Report: The Revolutionary Impact of Direct Lithium Extraction on the Burgeoning EV Market
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An Emerging Markets Sponsored Commentary
ORLANDO, Fla., June 21, 2023 (GLOBE NEWSWIRE) — With an escalating surge in demand for electric vehicles, 2022 witnessed record-breaking sales, a trend projected to persist and even intensify this year. The implications for associated industries are immense. One pivotal aspect which remains relatively obscured to the broader public, however, is the essential role of lithium extraction technology in meeting electric vehicle manufacturing targets.
The lithium element forms an indispensable component of electric vehicle batteries, with the automotive industry as a whole necessitating an unprecedented 20x increase in lithium supply. Hence, the burgeoning production of electric vehicles directly translates into a heightened requirement for efficient lithium extraction. Leading the charge in this...
QuestionPro Acquires PathosAI, Ushers in New Era of Understanding, Predicting & Influencing Customer Emotion
Written by Customer Service on . Posted in Mergers And Acquisitions.
For the first time brands will have a fully-integrated suite of tools to better understand emotions that unlock winning customer experiences, boost engagement & drive loyalty
AUSTIN, Texas, June 21, 2023 (GLOBE NEWSWIRE) — QuestionPro, a global leader in survey and research, data and insights services, today announced it has acquired PathosAI – a platform that uses AI to help companies drive brand value and reputation. The combination of both companies’ research and customer experience technologies will offer an unparalleled new option for brands to fundamentally understand, predict and ultimately influence the drivers behind consumer behavior.
“Consumers make rational decisions for emotional reasons,” said Vivek Bhaskaran, founder and CEO of QuestionPro. “Now, for the first time, brand marketers and customer experience...
