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Month: May 2024

TrueContext Completes Plan of Arrangement

OTTAWA, May 16, 2024 (GLOBE NEWSWIRE) — TrueContext Corporation (“TrueContext” or the “Company”) (TSXV:TCXT), a global leader in field intelligence, is pleased to announce the completion of the previously announced plan of arrangement under the Business Corporations Act (Ontario) pursuant to which 1000827877 Ontario Inc. (the “Purchaser”), an entity controlled by Battery Ventures (“Battery”), has acquired all of the issued and outstanding common shares of the Company (the “Shares”) at a price of $1.07 in cash per Share (the “Transaction”). With the completion of the Transaction, the Shares are expected to be delisted from the TSX Venture Exchange (the “TSXV”) at the close of trading today and it is anticipated that TrueContext will cease to be a reporting issuer under applicable Canadian securities laws. Shareholders who have questions...

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Digital Utilities Ventures Completes Feed Earth Now Merger – Accelerates Growth of Regenerative Agriculture Movement

MANKATO, Minn., May 16, 2024 (GLOBE NEWSWIRE) — Digital Utilities Ventures, Inc. (OTC Pink: DUTV) is pleased to announce the successful acquisition of Feed Earth Now, LLC. The consummation of this transaction is a significant step forward in DUTV’s mission to leverage innovative, organic products to address global fertilizer shortages through the advancement of regenerative agriculture principles. Mark K. Gaalswyk, the enterprising DUTV CEO behind this initiative, will lead the newly consolidated entity, bringing his vast experience and innovation to the forefront. Cathy Scratch, the visionary founder of Feed Earth Now, will continue in her capacity as CEO of that subsidiary. Ron Doetch, Senior Agronomist, will continue in his role as head of Research & Development for Feed Earth Now. Feed Earth Now, LLC is focused on...

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Roofstock and Mynd Merge to Power the Next Chapter of Growth in Single-Family Rental Investing

Industry heavyweights join forces to drive best-in-class outcomes for investors via leading-edge technology and comprehensive data OAKLAND, Calif., May 16, 2024 (GLOBE NEWSWIRE) — Roofstock, a leading real estate services and investment platform specializing in the single-family rental (SFR) sector, and Mynd, the company transforming how investors find, finance, lease, manage, and sell SFR properties, today announced that the two entities have merged to create an end-to-end platform to power the next chapter of growth for the SFR asset class. This merger gives real estate investors access to a robust technology platform, deep data insights to inform their buying and selling decisions, and a property management system built specifically for SFR to ensure their units are leased, well maintained, and generating strong returns. Under...

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SmartCentres Declares Distribution for May 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on June 17, 2024 to unitholders of record as at May 31, 2024. About SmartCentres SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 193 strategically located properties in communities across the country. SmartCentres has approximately $11.9 billion in assets and owns 35.1 million square feet of income producing value-oriented retail and first-class office properties with 97.7% in place and committed occupancy, on 3,500 acres of owned...

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CORRECTION: Magic Software Reports First Quarter 2024 Financial Results

OR YEHUDA, Israel, May 16, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), please note that the company has updated the dividend payout date. The dividend payable date has been advanced to July 11, 2024, from July 13, 2024. The corrected release is as follows: Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2024. Summary Results for the First Quarter 2024 (USD in millions, except per share data)             GAAP     Non-GAAP    Q1 2024 Q1 2023 % Change   Q1 2024 Q1 2023 % ChangeRevenues $ 130.7 $ 142.4 (8.2%)   $ 130.7 $ 142.4 (8.2%)Gross...

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Falcon Oil & Gas Ltd. – Notice of Annual General and Special Shareholder Meeting and Management Information Circular

Falcon Oil & Gas Ltd. (“Falcon”) Notice of Annual General and Special Shareholder Meeting and Management Information Circular 16 May 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) will hold its Annual General and Special Shareholder Meeting at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland on 18 June 2024 at 11:00 a.m. (Dublin time). A complete notice and related documents are now available on SEDAR+ at www.sedarplus.ca and Falcon’s website at www.falconoilandgas.com and are being sent to shareholders of record as at 9 May 2024. Ends. For further information, please contact: CONTACT DETAILS:Falcon Oil & Gas Ltd.          +353 1 676 8702Philip O’Quigley, CEO +353 87 814 7042Anne Flynn, CFO +353 1 676 9162 Cavendish Capital Markets Limited (NOMAD & Joint Broker)Neil McDonald /...

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Karolinska Development’s Annual General Meeting 2024

STOCKHOLM, SWEDEN – May 16, 2024. Karolinska Development AB (publ) (“Karolinska Development” or the “Company”) held the Annual General Meeting on May 16, 2024. The shareholders have had the right to exercise their voting rights in advance through postal voting pursuant to item 13 in the articles of association. Therefore, shareholders have had the choice to exercise their voting rights at the AGM by attending in person, by postal voting or through a proxy. The following resolutions were passed by the shareholders at the Annual General Meeting: Profit and loss statement and the balance sheet: It was resolved to adopt the profit and loss statement and the balance sheet and the consolidated profit and loss statement and the consolidated balance sheet. Appropriation of the Company’s result: It was resolved to approve the allocation of the...

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RedBird IMI Completes Acquisition of Global Production Company All3Media

RedBird IMI’s largest transaction to-date completed following approval from regulators in the United States, United Kingdom and Germany NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) — RedBird IMI, a joint venture investment platform focused on global media, entertainment, sports and news content properties, today announced that it has completed its acquisition of All3Media, one of the world’s leading independent television production and distribution companies, from its joint owners, Warner Bros. Discovery, Inc. (Nasdaq: WBD) and Liberty Global Ltd. (Nasdaq: LBTYA, LBTYB and LBTYK). The deal has been approved by regulators in the United States, United Kingdom and Germany. At £1.15 Billion, this was RedBird IMI’s largest completed transaction to date. Jeff Zucker, the CEO of RedBird IMI, has become the chairman of the All3Media board....

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ADEVINTA ASA (ADE) – Extraordinary General Meeting 16 May 2024

Oslo, 16 May 2024 – An Extraordinary General Meeting in Adevinta ASA (ADE) was held on 16 May 2024 as a digital meeting. All agenda items were adopted. The minutes from the Extraordinary General Meeting are attached and are also available on www.adevinta.com.  This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. *** IR contacts Marie de Scorbiac VP Investor Relations, Corporate Affairs, Group FP&A, Sustainability +33 6 14 65 77 40 Anne-Sophie Jugean Investor Relations Senior Manager +33 6 74 19 22 81 ir@adevinta.com   Media contact Mireia Català Corporate Communications mireia.catala@adevinta.com press@adevinta.com *** About Adevinta Adevinta is a leading online classifieds group and champion for sustainable commerce with a focus on Europe. Our portfolio of...

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CORRECTION – Macerich Announces Initial Progress in its Path Forward Strategic Plan

Macerich Purchases Remaining 40% Share of Arrowhead Towne Center (a Top 10 NOI Center for Macerich) and South Plains Mall from JV Partner, and Commits to the Sale of a Prominent Retail Asset SANTA MONICA, Calif., May 16, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Macerich (NYSE: MAC), please note in the third paragraph, the amount the transaction is expected to generate has been corrected to $110 million of net proceeds. The corrected release follows: Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of major retail properties in top markets, today announced its purchase of the remaining 40% share of both Arrowhead Towne Center (Metro Phoenix) and South Plains Mall (Lubbock, Texas) for $36.5 million plus the debt, which for Arrowhead is a 7.2% cap rate,...

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