Finance in China

Seahawk Gold Corp. Announces Liberian Property Acquisition

Tuesday, May 4, 2021 - 9:32pm

b'Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Seahawk Gold Corp. (CSE: SHV) ("Seahawk") announces that it has entered into an arms length agreement, dated April 30th, 2021, with Sama Resources Inc. (TSXV: SME) ("Sama") for the acquisition of Sama\'s Zwedru South Project, St-John River Gold Project and the Nuon Project, each of which is located in Liberia, Africa (the "Projects").\nThe acquisition will be effected by the purchase from Sama of its subsidiary Sama Resources Development Corp. (Cayman) ("Sama Cayman"), which holds 100% of the issued and outstanding securities of Sama Resources Liberia Inc. ("Sama Liberia").

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 4, 2021) - Seahawk Gold Corp. (CSE: SHV) ("Seahawk") announces that it has entered into an arms length agreement, dated April 30th, 2021, with Sama Resources Inc. (TSXV: SME) ("Sama") for the acquisition of Sama\'s Zwedru South Project, St-John River Gold Project and the Nuon Project, each of which is located in Liberia, Africa (the "Projects").\nThe acquisition will be effected by the purchase from Sama of its subsidiary Sama Resources Development Corp. (Cayman) ("Sama Cayman"), which holds 100% of the issued and outstanding securities of Sama Resources Liberia Inc. ("Sama Liberia").
  • Sama Libera holds all rights, title and interest in and to the Projects.
  • In consideration for the purchase of Sama Cayman, Seahawk will issue 8,500,000 of its common shares to Sama (the "Consideration Shares"), which will result in Sama holding 20.8% of Seahawk\'s outstanding shares following the issuance of the Consideration Shares.
  • Seahawk is the 100% owner of four properties along the Urban-Barry Greenstone Belt in the Abitibi sub province of mining friendly Quebec, Canada.\nFor more information please contact Seahawk Gold Corp. - seahawkgoldcorp.com\n'

CNOOC Limited Announces Caofeidian 6-4 Oilfield Commences Production

Monday, March 15, 2021 - 8:36am

HONG KONG, March 15, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Caofeidian 6-4 oilfield has commenced production.

Key Points: 
  • HONG KONG, March 15, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) today announced that Caofeidian 6-4 oilfield has commenced production.
  • Caofeidian 6-4 oilfield is located in the Midwest of Bohai, with average water depth of about 20 meters.
  • Guided by the vision of green development, Caofeidian 6-4 oilfield will actively promote green and low-carbon production.
  • CNOOC Limited holds a 100% interest in Caofeidian 6-4 oilfield and acts as the operator.

Victory Square Technologies Inc. Portfolio Company GameOn Entertainment Technologies Inc. Announces C$1.5 Million Non - Brokered Private Placement

Monday, February 22, 2021 - 1:00pm

GameOn will be the next Victory Square portfolio company going public,following FansUnite Entertainment Inc. which was successfully listed on the CSE in May 2020 (CSE:FANS)

Key Points: 
  • GameOn will be the next Victory Square portfolio company going public,following FansUnite Entertainment Inc. which was successfully listed on the CSE in May 2020 (CSE:FANS)
    VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (Victory Square) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (GameOn) has launched a non-brokered private placement of up to 4,285,715 subscription receipts of GameOn (each a Subscription Receipt) for aggregate gross proceeds of up to CAD$1,500,000 at a price of CAD$0.35 per Subscription Receipt (the SR Offering).
  • Each SR Unit will consist of one GameOn Share and one-half of one GameOn Share purchase warrant (each whole warrant, an SR Warrant).
  • Founded in 2018, GameOn empowers sports and entertainment content providers with the worlds simplest and most accessible gamification platform.
  • Victory Square builds, acquires and invests in promising start-ups, then provides the senior leadership and resources needed to fast-track growth.

AirNet Entered Into Investment Agreement With Northern Shore Group Ltd.

Friday, February 5, 2021 - 12:00pm

BEIJING, Feb. 5, 2021 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia inChina, today announced that on February 4, 2021, it has entered into an investment agreement (the "Agreement") with Northern Shore Group Ltd. ("Northern Shore"), an unaffiliated party of the Company.

Key Points: 
  • BEIJING, Feb. 5, 2021 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia inChina, today announced that on February 4, 2021, it has entered into an investment agreement (the "Agreement") with Northern Shore Group Ltd. ("Northern Shore"), an unaffiliated party of the Company.
  • The computer servers are valued at US$ 5,540,497.19, representing a per Share consideration of US$0.195, or US$1.95 per American depositary share of the Company (each representing ten Shares).
  • Incorporated in 2007 and headquartered inBeijing,China, AirNet provides in-flight solutions to connectivity, entertainment and digital multimedia inChina.
  • Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements.

2020 China LPG Market Analysis by Plant Capacity, Production, Operating Efficiency, Demand & Supply and Import & Export Data - ResearchAndMarkets.com

Thursday, December 10, 2020 - 5:29pm

Market Share of Leading Players: Revenue shares of leading players in the country

Key Points: 

Market Share of Leading Players: Revenue shares of leading players in the country

Caledonia Mining Corporation Plc: Sale of securities by director

Monday, September 21, 2020 - 7:00am

ST HELIER, Jersey, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the Company or Caledonia)(NYSE American: CMCL; AIM: CMCL) announces that it has been notified that John Kelly, a director of Caledonia, has sold a total of 13,163 common shares of the Company.

Key Points: 
  • ST HELIER, Jersey, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the Company or Caledonia)(NYSE American: CMCL; AIM: CMCL) announces that it has been notified that John Kelly, a director of Caledonia, has sold a total of 13,163 common shares of the Company.
  • Mr Kelly now holds 16,330 shares which represent a holding of approximately 0.013% of the share capital of the Company.
  • For further information please contact:

China Automotive Systems Announces Share Repurchase

Tuesday, August 25, 2020 - 11:00am

WUHAN, China, Aug. 25, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months.

Key Points: 
  • WUHAN, China, Aug. 25, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that its board of directors approved a share repurchase program of up to $5 million of its outstanding common shares periodically over the next 12 months.
  • The timing of the share repurchases will depend on a variety of factors, including market conditions.
  • Members of the management team may make share purchases in addition to the Company repurchase.
  • Based in Hubei Province, the People's Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through eight Sino-foreign joint ventures.

Revlon to Seek Dismissal of Flawed UMB Bank Litigation Claim

Friday, August 14, 2020 - 3:49pm

We plan to seek dismissal of the suit and will continue to vigorously defend ourselves against these meritless accusations.

Key Points: 
  • We plan to seek dismissal of the suit and will continue to vigorously defend ourselves against these meritless accusations.
  • The lenders had plenty of time and many opportunities to attempt to legally block any of these financing transactions.
  • They did not do so likely because they recognized that no court would support their ploy to profiteer in a crisis.
  • As we made very clear, these transactions were necessary for Revlon, an iconic American company and employer of 6,500 people, to continue to execute on its transformation plan.

Caledonia Mining Corporation Plc: Sale of securities by director

Monday, June 8, 2020 - 5:04pm

ST HELIER, Jersey, June 08, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (the Company or Caledonia) announces that it has been notified today that Mark Learmonth, a director of Caledonia, has sold 10,000 depositary interests in common shares of the Company.

Key Points: 
  • ST HELIER, Jersey, June 08, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (the Company or Caledonia) announces that it has been notified today that Mark Learmonth, a director of Caledonia, has sold 10,000 depositary interests in common shares of the Company.
  • Mr Learmonth now holds 139,775 depositary interests which represent a holding of approximately 1.2% of the share capital of the Company.
  • For further information please contact:

FSD Pharma Inc. Announces C$10.125 Million Private Placement

Thursday, June 4, 2020 - 2:40pm

FSD Pharma Inc. (NASDAQ: HUGE) (FSD Pharma or the Company), today announced it has entered into definitive agreements with certain institutional investors for the purchase and sale of 1,500,000 shares of the Companys Class B Subordinate Voting Shares (Shares) at a price of C$6.75 per Share pursuant to a private placement resulting in gross proceeds of approximately C$10.125 million.

Key Points: 
  • FSD Pharma Inc. (NASDAQ: HUGE) (FSD Pharma or the Company), today announced it has entered into definitive agreements with certain institutional investors for the purchase and sale of 1,500,000 shares of the Companys Class B Subordinate Voting Shares (Shares) at a price of C$6.75 per Share pursuant to a private placement resulting in gross proceeds of approximately C$10.125 million.
  • The Company has also agreed to issue common share purchase warrants to purchase 1,500,000 Shares of the Company.
  • The proceeds are expected to be used for working capital and other general corporate purposes.
  • FSD Pharma Inc. (Nasdaq: HUGE; CSE: HUGE.CN; FRA: 0K9A) is a publicly traded holding company, since May 2018.