Limited liability company

Corvus Gold and AngloGold Ashanti Announce Completion of Acquisition of Corvus by AngloGold Ashanti   

Retrieved on: 
Tuesday, January 18, 2022

The Purchaser is an indirect wholly owned subsidiary of AngloGold Ashanti and the Guarantor is a direct wholly owned subsidiary of AngloGold Ashanti.

Key Points: 
  • The Purchaser is an indirect wholly owned subsidiary of AngloGold Ashanti and the Guarantor is a direct wholly owned subsidiary of AngloGold Ashanti.
  • Alberto Calderon, AngloGold Ashantis CEO and Executive Director said The acquisition of Corvus provides AngloGold Ashanti with compelling, district-wide consolidation in Nevada.
  • While gold is its principal product, AngloGold Ashanti also produces silver in Argentina and sulphuric acid in Brazil as by-products.
  • AngloGold Ashanti will pursue value-creating opportunities in other minerals where it can leverage its existing assets, shareholdings, skills and experience.

Corvus Gold Announces Intention to Delist from NASDAQ Capital Market

Retrieved on: 
Saturday, January 8, 2022

VANCOUVER, British Columbia, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Corvus Gold Inc. (Corvus or the Company) - (TSX: KOR, NASDAQ: KOR) announces that it has notified the NASDAQ of its intention to voluntarily delist all of its securities from the Nasdaq Capital Market (NASDAQ), assuming satisfaction of the closing conditions of the previously announced plan of arrangement (the Arrangement) between Corvus, 1323606 B.C.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Corvus Gold Inc. (Corvus or the Company) - (TSX: KOR, NASDAQ: KOR) announces that it has notified the NASDAQ of its intention to voluntarily delist all of its securities from the Nasdaq Capital Market (NASDAQ), assuming satisfaction of the closing conditions of the previously announced plan of arrangement (the Arrangement) between Corvus, 1323606 B.C.
  • The anticipated effective date may be delayed if the SEC postpones the effectiveness of the application to delist for other reasons.
  • Corvus Gold Inc. is a North American gold exploration and development company, focused on its near term gold-silver mining project at the North Bullfrog and Mother Lode Districts in Nevada.
  • Corvus is committed to building shareholder value through new discoveries and the expansion of its projects to maximize share price leverage in an advancing gold and silver market.

Corvus Gold Securityholders Approve Acquisition By AngloGold Ashanti

Retrieved on: 
Thursday, January 6, 2022

Unlimited Liability Company (the Purchaser), and AngloGold Ashanti Holdings plc.

Key Points: 
  • Unlimited Liability Company (the Purchaser), and AngloGold Ashanti Holdings plc.
  • Pursuant to the Arrangement, the Purchaser will, among other things, acquire the remaining 80.5% of the outstanding common shares of Corvus (the Common Shares), not already owned by AngloGold Ashanti Limited and its affiliates (collectively, the AGA Group).
  • Corvus Gold Inc. is a North American gold exploration and development company, focused on its near term gold-silver mining project at the North Bullfrog and Mother Lode Districts in Nevada.
  • Corvus is committed to building shareholder value through new discoveries and the expansion of its projects to maximize share price leverage in an advancing gold and silver market.

AM Best Revises Issuer Credit Rating Outlook to Positive for Starr International Company Inc.’s Insurance Subsidiaries

Retrieved on: 
Friday, November 5, 2021

These Credit Rating (rating) actions apply to the members of Starr International Group (SIG) and Starr Insurance & Reinsurance Limited (SIRL) (Bermuda).

Key Points: 
  • These Credit Rating (rating) actions apply to the members of Starr International Group (SIG) and Starr Insurance & Reinsurance Limited (SIRL) (Bermuda).
  • Members of the SIG include Starr Indemnity & Liability Company, Starr Surplus Lines Insurance Company and Starr Specialty Insurance Company.
  • Members of SIRL include Starr Property & Casualty Insurance (China) Company, Limited; Starr International Insurance (Asia) Limited (Hong Kong); Starr International Insurance (Singapore) Pte.
  • Ltd; Starr International (Europe) Limited (United Kingdom); Starr International Insurance (Switzerland) AG (Switzerland) and Starr Europe Insurance Limited (Malta).

UAT Group Subsidiary, H2O Processing Forms Joint Venture Company with Texas Strategic Partner

Retrieved on: 
Wednesday, October 20, 2021

Denver, CO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc (OTC Pink: UATG) subsidiary, H2O Processing, Inc., an advanced water treatment technology company, announced today that it has formed a new joint venture company with its strategic partner Precision Process Design and Mechanical, Inc (PPD&M Inc), a Texas based water filtration technology company.

Key Points: 
  • Denver, CO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc (OTC Pink: UATG) subsidiary, H2O Processing, Inc., an advanced water treatment technology company, announced today that it has formed a new joint venture company with its strategic partner Precision Process Design and Mechanical, Inc (PPD&M Inc), a Texas based water filtration technology company.
  • The new company, H2O Process Engineering, LLC, a Colorado based Limited Liability Company, will be equally owned and managed by the two strategic partners.
  • Chairman of H2O Processing parent company, UAT Group, Alex Umbra commented, This new company will not only ameliorate the environmentally impact of existing fracking and/or drilling operations, it will make such efforts more cost-effective to do so.
  • For more information about H2O Processing, Inc. visit: https://h2oprocessing.com/
    The company is located in Denver, CO and is an advanced water treatment technology company.

Renavotio Announces Settlement and $2.2 million Investment in Market opportunity Partnership

Retrieved on: 
Tuesday, October 12, 2021

As part of the settlement, Renvotio exchanged Series D Preferred shares issued at $2.2 million for a 50% ownership in Harrowdale Ltd., which entity was formed as a partnership (the Partnership) for the purpose of expanding our Personal Protection Equipment and other targeted market opportunities on a global basis.

Key Points: 
  • As part of the settlement, Renvotio exchanged Series D Preferred shares issued at $2.2 million for a 50% ownership in Harrowdale Ltd., which entity was formed as a partnership (the Partnership) for the purpose of expanding our Personal Protection Equipment and other targeted market opportunities on a global basis.
  • The Partnerships funding partner, Teybridge Capital Ltd, is initially providing a funding line of up to $4,200,000 loan to the Partnership.
  • The funding lines are guaranteed by Renavotio and further guaranteed by our Chairman by a pledge of assets from Crescent Saints Holding, LLC, his family Limited Liability Company.
  • Renavotio also retained the right to repurchase at Par Value, the Preferred shares issued up liquidation of the partnership and return said shares to its treasury.

HC2 Holdings Adopts Tax Benefits Preservation Plan to Protect Tax Attributes and Stockholder Value

Retrieved on: 
Monday, August 30, 2021

NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE: HCHC) today announced that its Board of Directors (Board) has adopted a tax benefits preservation plan designed to protect the availability of HC2s net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code ("Tax Benefits Preservation Plan").

Key Points: 
  • NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE: HCHC) today announced that its Board of Directors (Board) has adopted a tax benefits preservation plan designed to protect the availability of HC2s net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code ("Tax Benefits Preservation Plan").
  • The Tax Benefits Preservation Plan is similar to those adopted by other public companies with significant NOLs.
  • Unless terminated early, the Tax Benefits Preservation Plan will terminate on August 30, 2022, unless at the Companys 2022 annual meeting the Companys stockholders approve an extension of the Tax Benefits Preservation Plan, in which case the Tax Benefits Preservation Plan would be extended and expire at the Companys 2024 annual meeting.
  • The Board has determined that adopting the Tax Benefits Preservation Plan is the best decision for HC2 and its stockholders in order to protect HC2s valuable tax attributes.

'Surgutneftegas' PJSC: Information statement on disclosure of consolidated financial statements and on submission of the report on the review of interim condensed consolidated financial statements

Retrieved on: 
Tuesday, August 17, 2021

Type of the consolidated financial statements of the issuer: interim condensed consolidated financial statements (unaudited)

Key Points: 
  • Type of the consolidated financial statements of the issuer: interim condensed consolidated financial statements (unaudited)
    Reporting period for which the consolidated financial statements of the issuer are compiled: for the six months ended 30 June 2021.
  • Standards of accounting (financial) statements in accordance with which the consolidated financial statements are compiled: International Financial Reporting Standards (IFRS).
  • Information on the auditor who prepared the report on the review of interim condensed consolidated financial statements of the issuer:
    full corporate name: "Crowe Expertiza" Limited Liability Company;
    Website where the issuer published the text of the consolidated financial statements and the report on the review of interim condensed consolidated financial statements of the issuer:
    Date of the report on the review of interim condensed consolidated financial statements of the issuer: 16.08.2021.
  • Date when the issuer published on the website the text of the consolidated financial statements and the report on the review of interim condensed consolidated financial statements: 17.08.2021.

Sustainable Opportunities Acquisition Corp. Announces Filing of Definitive Proxy Statement/Prospectus and Date for Extraordinary General Meeting of Shareholders Relating to Proposed Business Combination with DeepGreen Metals Inc.

Retrieved on: 
Friday, August 13, 2021

SOAC will hold an Extraordinary General Meeting on Friday, September 3, 2021, at 10:30 a.m. Central Time to, among other things, allow its shareholders to vote to approve the proposed Business Combination with DeepGreen.

Key Points: 
  • SOAC will hold an Extraordinary General Meeting on Friday, September 3, 2021, at 10:30 a.m. Central Time to, among other things, allow its shareholders to vote to approve the proposed Business Combination with DeepGreen.
  • SOACs Board of Directors recommends that shareholders vote "FOR" the Business Combination with DeepGreen and all other proposals at the Extraordinary General Meeting.
  • The definitive proxy statement/prospectus and other relevant materials for the proposed Business Combination were mailed to shareholders of SOAC as of June 21, 2021, the record date established for voting on the proposed Business Combination and the other proposals at the Extraordinary General Meeting.
  • A list of the names of such directors and executive officers and information regarding their interests in the proposed Business Combination are included in the definitive proxy statement/prospectus for the proposed Business Combination.

Post Holdings Announces Plan to Distribute Interest in BellRing Brands to Post Shareholders

Retrieved on: 
Thursday, August 5, 2021

ST. LOUIS, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it plans to distribute a significant portion of its interest in BellRing Brands, Inc. (BellRing) to shareholders of Post.

Key Points: 
  • ST. LOUIS, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it plans to distribute a significant portion of its interest in BellRing Brands, Inc. (BellRing) to shareholders of Post.
  • Post expects to distribute its BellRing interest to Post shareholders under a plan of distribution that could include a pro-rata distribution, an exchange offer or a combination of both.
  • Post currently contemplates retaining less than 19.5 million of its BellRing LLC units, which it ultimately expects to exchange for existing debt of Post.
  • At the transaction closing, Post expects BellRing to distribute a special cash dividend to all BellRing stockholders, including Post.