Investment

Rockridge Completes $1.5 Million Non-Brokered Private Placement Led by Palisades Goldcorp Ltd.

Friday, July 10, 2020 - 11:22pm

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (Rockridge or the Company) is pleased to announce that further to its prior news release, the Company has completed a non-brokered private placement financing for total gross proceeds of $1,500,000 (the Private Placement), led by Palisades Goldcorp Ltd., a strategic institutional investor.

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (Rockridge or the Company) is pleased to announce that further to its prior news release, the Company has completed a non-brokered private placement financing for total gross proceeds of $1,500,000 (the Private Placement), led by Palisades Goldcorp Ltd., a strategic institutional investor.
  • The Private Placement is subject to final TSX Venture Exchange ("Exchange") approval and all securities issued are subject to a four-month-and-one-day hold period.
  • Palisades is positioning itself with significant stakes in undervalued companies and assets with the goal of generating superior returns.
  • The project hosts the Knife Lake deposit, which is a VMS, near-surface copper-cobalt-gold-silver-zinc deposit open along strike and at depth.

Davidson Kempner Letter to Qiagen NV

Friday, July 10, 2020 - 9:07pm

Dear Members of the Supervisory Board and Management Board,

Key Points: 
  • Dear Members of the Supervisory Board and Management Board,
    Davidson Kempner European Partners, LLP is the sub-adviser to Davidson Kempner Capital Management LP which acts as the discretionary investment manager to various funds which hold in aggregate, as of close of business 10 July 2020, 6,853,458 shares of Qiagen N.V. (the "Company").
  • We are writing this letter to express our view that the Board of the Company should issue an Adverse Recommendation Change.
  • We also think the proposed acquisition of Qiagen by Thermo presents a highly strategic and complementary opportunity.
  • 2) DCF based on Davidson Kempner analysis of the Company's COVID uplift streams (see Appendix for further details) as well as carrying out proprietary research.

ROSEN, A TOP RANKED FIRM, Continues to Investigate Securities Claims Against Commercial Vehicle Group, Inc. – CVGI

Friday, July 10, 2020 - 9:45pm

On March 16, 2020, after the market closed, Commercial Vehicle Group issued a press release announcing its fourth quarter and full year 2019 financial results.

Key Points: 
  • On March 16, 2020, after the market closed, Commercial Vehicle Group issued a press release announcing its fourth quarter and full year 2019 financial results.
  • Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Commercial Vehicle Group investors.
  • If you purchased shares of Commercial Vehicle Group please visit the firms website at http://www.rosenlegal.com/cases-register-1818.html to join the class action.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Rockridge Completes $1.5 Million Non-Brokered Private Placement

Friday, July 10, 2020 - 9:30pm

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (Rockridge or the Company) is pleased to announce that it has completed a non-brokered private placement financing for total gross proceeds of $1,500,000 (the Private Placement).

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK) (Rockridge or the Company) is pleased to announce that it has completed a non-brokered private placement financing for total gross proceeds of $1,500,000 (the Private Placement).
  • A strategic institutional investor provided the lead order in the Private Placement.
  • The Private Placement is subject to final TSX Venture Exchange ("Exchange") approval and all securities issued are subject to a four-month-and-one-day hold period.
  • The Company intends to use the proceeds from this Private Placement for exploration activities and the upcoming drilling program at its Raney Gold Project southwest of Timmins, Ontario, as well as for general working capital purposes.

Grayscale Digital Large Cap Fund Announces Resumption of Private Placement

Friday, July 10, 2020 - 9:02pm

New York, July 10, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager and manager of Grayscale Digital Large Cap Fund ( OTCQX: GDLC ) (the Fund), today announced that the Fund will resume the private placement of its shares.

Key Points: 
  • New York, July 10, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments , the worlds largest digital currency asset manager and manager of Grayscale Digital Large Cap Fund ( OTCQX: GDLC ) (the Fund), today announced that the Fund will resume the private placement of its shares.
  • The Funds private placement is offered on a periodic basis throughout the year and is currently available to accredited investors for daily subscription.
  • Qualified investors should refer to the Funds private placement memorandum, which is available from Grayscale at info@grayscale.co, for a discussion of these and other risks.
  • For real time visibility into the daily performance and composition of the Fund, please refer to the TradeBlock Grayscale Digital Large Cap Index (DLCX): https://tradeblock.com/markets/dlcx .

Davidson Kempner Letter to Qiagen NV

Friday, July 10, 2020 - 8:57pm

Dear Members of the Supervisory Board and Management Board,

Key Points: 
  • Dear Members of the Supervisory Board and Management Board,
    Davidson Kempner European Partners, LLP is the sub-adviser to Davidson Kempner Capital Management LP which acts as the discretionary investment manager to various funds which hold in aggregate, as of close of business 10 July 2020, 6,853,458 shares of Qiagen N.V. (the "Company").
  • We are writing this letter to express our view that the Board of the Company should issue an Adverse Recommendation Change.
  • We also think the proposed acquisition of Qiagen by Thermo presents a highly strategic and complementary opportunity.
  • 2) DCF based on Davidson Kempner analysis of the Company's COVID uplift streams (see Appendix for further details) as well as carrying out proprietary research.

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) Crosses Above $100 Million Milestone

Friday, July 10, 2020 - 7:24pm

Global GO GOLD and Precious Metal Miners ETF ( GOAU ) surpassed $100 million in net assets for the first time since its debut in June 2017.

Key Points: 
  • Global GO GOLD and Precious Metal Miners ETF ( GOAU ) surpassed $100 million in net assets for the first time since its debut in June 2017.
  • The smart-beta 2.0 ETF ended the session on July 8 with $100.5 million in assets under management (AUM).
  • Global Jets ETF ( JETS ), crossed above $1 billion in AUM as value investors piled into securities impacted by coronavirus-related travel restrictions.
  • We spent about 8,000 hours developing the ETF, using our decades of gold stock investing expertise as active gold fund managers.

ASA Gold and Precious Metals Limited Reports Financial Results for the Six Months Ended May 31, 2020

Friday, July 10, 2020 - 6:16pm

The Company employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.

Key Points: 
  • The Company employs bottom-up fundamental analysis and relies on detailed primary research including meetings with company executives, site visits to key operating assets, and proprietary financial analysis in making its investment decisions.
  • Investors are encouraged to visit the Companys website for additional information, including historical and current share prices, news releases, financial statements, tax and supplemental information.
  • The site may be found at www.asaltd.com , or you may contact the Company directly at (800) 432-3378.
  • Investment advisory services for the Company are provided by Merk Investments LLC (Merk), an SEC registered investment adviser.

MC Companies Hires an Investor Relations Strategist

Friday, July 10, 2020 - 3:23pm

Scottsdale, AZ, July 10, 2020 (GLOBE NEWSWIRE) -- In the early days of the pandemic of 2020, MC Companies hired Amira Ali to head the department of Investor Relations, acting as a liaison to current and prospective investors with MC Companies.

Key Points: 
  • Scottsdale, AZ, July 10, 2020 (GLOBE NEWSWIRE) -- In the early days of the pandemic of 2020, MC Companies hired Amira Ali to head the department of Investor Relations, acting as a liaison to current and prospective investors with MC Companies.
  • Amira comes to MC Cos. with over 9 years of real estate industry experience in both client-facing and transaction management.
  • Amiras experience in partnership documents, debt and equity financing, 1031 Exchange and investor correspondence has proven to be a tremendous asset to the companies already deeply rooted investor focus.
  • About MC Companies:MC Companies https://www.mccompanies.com is a real estate investment, development, construction, and management company specializing in the multifamily properties and commercial markets.

Return On Innovation Advisors Ltd. Announces Change in Closing Date

Friday, July 10, 2020 - 3:13pm

TORONTO, July 10, 2020 (GLOBE NEWSWIRE) -- Return On Innovation Advisors Ltd., the manager of Return On Innovation Fund Inc. (the ROI Fund) previously announced on June 2, 2020 that it had agreed to enter into a transaction with Stone Investment Group Limited (SIG), whereby the portfolio of the ROI Fund will be liquidated to cash and transferred to the Stone Growth Fund (the Growth Fund) in exchange for units of the Growth Fund, and shareholders of the ROI Fund will become unitholders of the Growth Fund.

Key Points: 
  • TORONTO, July 10, 2020 (GLOBE NEWSWIRE) -- Return On Innovation Advisors Ltd., the manager of Return On Innovation Fund Inc. (the ROI Fund) previously announced on June 2, 2020 that it had agreed to enter into a transaction with Stone Investment Group Limited (SIG), whereby the portfolio of the ROI Fund will be liquidated to cash and transferred to the Stone Growth Fund (the Growth Fund) in exchange for units of the Growth Fund, and shareholders of the ROI Fund will become unitholders of the Growth Fund.
  • This transaction is subject to approval of the shareholders of the ROI Fund and the securities regulatory authorities and the completion of the formal exchange transaction between the ROI Fund and the Growth Fund.
  • However, in order to complete certain administrative aspects of the transaction, the transaction is now expected to close on or about October 16, 2020.
  • Established in 2002, ROI Capital is a privately held Canadian investment management firm that specializes in commercial mortgages, loans and private investments.