Cui

Cabral Gold Adds Third Drill Rig to Current Drill Program at the Cuiú Cuiú District, Brazil

Retrieved on: 
Tuesday, February 16, 2021

Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) ("Cabral" or the "Company") is pleased to advise that it has added a third drill rig to the current drill program at the Cui Cui gold district in northern Brazil, and drilling is in progress.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 16, 2021) - Cabral Gold Inc. (TSXV: CBR) (OTC: CBGZF) ("Cabral" or the "Company") is pleased to advise that it has added a third drill rig to the current drill program at the Cui Cui gold district in northern Brazil, and drilling is in progress.
  • Cabral has added a third drill rig to the current program at the Cui Cui gold district.
  • Establishing high-grade resources at Cui Cui is a key objective for our team in the short to medium term.
  • Cui Cui was the largest placer gold camp in the Tapajs and produced an estimate 2Moz of placer gold historically.

A-LIGN Announces C3PAO Authorization, Provides CMMC Certifications Key to DoD Contracts

Retrieved on: 
Tuesday, January 12, 2021

CMMC is a DoD standard created to protect controlled unclassified information (CUI).

Key Points: 
  • CMMC is a DoD standard created to protect controlled unclassified information (CUI).
  • As a Registered Practitioner Organization (RPO), A-LIGN can also offer advisory services and perform readiness assessments as details around CMMC continue to be finalized.
  • Select contracts will require CMMC certification as soon as the end of 2021, with all new contracts requiring it by 2026.
  • A-LIGN is prepared to guide organizations of all sizes and complexity through the CMMC certification process.

SYQH successfully logged into OTC

Retrieved on: 
Tuesday, September 22, 2020

Boca Raton, FL, Sept. 22, 2020 (GLOBE NEWSWIRE) -- SYQH acquiredEVGI through reverse merger and acquisition.

Key Points: 
  • Boca Raton, FL, Sept. 22, 2020 (GLOBE NEWSWIRE) -- SYQH acquiredEVGI through reverse merger and acquisition.
  • The assets of Liaoning Shuiyun Qinghe Rice Industry Co., LTD. (stock code: SYQH) will be loaded into the listed company in the form of reverse merger.
  • The company will issue 1 billion shares and appoint Cui Weiming as the chairman and director and Chang Xu as the director.
  • Founded in 2013, SYQH has been deeply engaged in the rice industry for more than a decade, and is a national enterprise integrating production and processing, chain sales and new retail.

RegDOX Solutions Inc. Introduces Flexible and Cost-Effective Long-Term Cloud Storage Solution for CUI

Retrieved on: 
Monday, May 18, 2020

RegDOX Solutions Inc., the leading company for securing and exchanging documents and files in the cloud while complying with US Federal cybersecurity mandates (ITAR/EAR/DFARS) for Controlled Unclassified Information (CUI), today announced the launch of the RegDOX Long-Term Storage solution for archiving CUI in the cloud while enabling persistent compliance with those regulatory requirements.

Key Points: 
  • RegDOX Solutions Inc., the leading company for securing and exchanging documents and files in the cloud while complying with US Federal cybersecurity mandates (ITAR/EAR/DFARS) for Controlled Unclassified Information (CUI), today announced the launch of the RegDOX Long-Term Storage solution for archiving CUI in the cloud while enabling persistent compliance with those regulatory requirements.
  • RegDOXs patented technology for long-term, permission-based cloud storage of CUI allows both large corporations and SMEs to easily retain CUI for mandated retention periods in a very cost-effective and readily accessible secure environment.
  • RegDOXs ITAR and DFARS clients have requested that we provide long-term, compliant storage of CUI.
  • RegDOX products and services include storage and data management services, as well as DFARS assessment services.

CUI Global, Inc. Closes Acquisition of Utility-Scale Solar EPC Company, Reach Construction Group, for Approximately $37 Million in Debt and Equity

Retrieved on: 
Monday, April 6, 2020

The acquisition offers significant synergies for revenue growth, including Reach's deep expertise in renewable energy project delivery, particularly solar farms, site preparation and public utility construction.

Key Points: 
  • The acquisition offers significant synergies for revenue growth, including Reach's deep expertise in renewable energy project delivery, particularly solar farms, site preparation and public utility construction.
  • Reach develops and relies upon repeatable processes to provide its customers a safe, high quality, predictable result at the lowest cost.
  • Terms of the acquisition includethe issuance of 2 million restricted shares of CUI Global's common stock (the shares are restricted for a 12-month period) and $35 million in Seller's debt.
  • Brandon Martin will continue as chief executive officer ("CEO") of Reach, reporting directly to CUI Global's CEO, Jim O'Neil.

CUI Global Agrees To Sell Power Business To Bel Fuse

Retrieved on: 
Monday, November 11, 2019

TUALATIN, Ore. and JERSEY CITY, N.J., Nov. 11, 2019 /PRNewswire/ --CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. (Nasdaq: BELFA and Nasdaq: BELFB) ("Bel") today announced that the two companies have entered into an asset purchase agreement (the "Agreement") under which CUI Global will sell the majority of its Power business (the "CUI Power Business") to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments.

Key Points: 
  • TUALATIN, Ore. and JERSEY CITY, N.J., Nov. 11, 2019 /PRNewswire/ --CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. (Nasdaq: BELFA and Nasdaq: BELFB) ("Bel") today announced that the two companies have entered into an asset purchase agreement (the "Agreement") under which CUI Global will sell the majority of its Power business (the "CUI Power Business") to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments.
  • The CUI Power Business is a division within CUI Global's Power and Electromechanical ("P&EM") segment.
  • Daniel Bernstein, CEO of Bel, said, "The CUI Power Business' extensive product portfolio and distribution channel fits squarely within our growth strategy.
  • The combination of Bel and the CUI Power Business will substantially strengthen our Power Group and unite complementary capabilities, sales channels and customer relationships.

CUI Global Agrees To Sell Power Business To Bel Fuse

Retrieved on: 
Monday, November 11, 2019

TUALATIN, Ore. and JERSEY CITY, N.J., Nov. 11, 2019 /PRNewswire/ --CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. (Nasdaq: BELFA and Nasdaq: BELFB) ("Bel") today announced that the two companies have entered into an asset purchase agreement (the "Agreement") under which CUI Global will sell the majority of its Power business (the "CUI Power Business") to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments.

Key Points: 
  • TUALATIN, Ore. and JERSEY CITY, N.J., Nov. 11, 2019 /PRNewswire/ --CUI Global, Inc. (Nasdaq: CUI) ("CUI Global") and Bel Fuse Inc. (Nasdaq: BELFA and Nasdaq: BELFB) ("Bel") today announced that the two companies have entered into an asset purchase agreement (the "Agreement") under which CUI Global will sell the majority of its Power business (the "CUI Power Business") to Bel for $32.0 million, plus the assumption of certain liabilities and subject to closing working capital adjustments.
  • The CUI Power Business is a division within CUI Global's Power and Electromechanical ("P&EM") segment.
  • Daniel Bernstein, CEO of Bel, said, "The CUI Power Business' extensive product portfolio and distribution channel fits squarely within our growth strategy.
  • The combination of Bel and the CUI Power Business will substantially strengthen our Power Group and unite complementary capabilities, sales channels and customer relationships.

CUI Global Schedules Third Quarter 2019 Financial Results Conference Call For Tuesday, November 12, 2019 At 5:00 PM ET

Retrieved on: 
Tuesday, November 5, 2019

TUALATIN, Ore., Nov. 5, 2019 /PRNewswire/ --CUI Global, Inc. (NASDAQ: CUI) today announced that it will issue the financial results for its fiscal third quarter ended September 30, 2019 after market close on Tuesday, November 12, 2019.

Key Points: 
  • TUALATIN, Ore., Nov. 5, 2019 /PRNewswire/ --CUI Global, Inc. (NASDAQ: CUI) today announced that it will issue the financial results for its fiscal third quarter ended September 30, 2019 after market close on Tuesday, November 12, 2019.
  • The company will conduct a conference call and webcast to review its results the same day at 5:00 PM ET.
  • To access the call, please dial (888) 734-0328 or (678) 894-3054 and provide conference ID 3962226.
  • A live webcast of the conference call and accompanying slide presentation can be accessed via the Investor Relations/Events & Presentations section of the CUI Global website .

CUI Global Vice Chairman Jim O'Neil Assumes Additional Role Of CEO

Retrieved on: 
Tuesday, October 1, 2019

TUALATIN, Ore., Oct. 1, 2019 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) (the "Company" or "CUI Global") today announced that its Board of Directors has appointed Vice Chairman James ("Jim") O'Neil to the role of chief executive officer effective immediately.

Key Points: 
  • TUALATIN, Ore., Oct. 1, 2019 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) (the "Company" or "CUI Global") today announced that its Board of Directors has appointed Vice Chairman James ("Jim") O'Neil to the role of chief executive officer effective immediately.
  • Mr. O'Neil succeeds William J. Clough, who remains with the Company as executive chairman, president and chief legal officer.
  • Mr. O'Neil has served as vice chairman for CUI Global since July 2019 and has been instrumental in formulating and executing on the Company's transformation plan that reshapes the Company into a diversified energy services platform.
  • CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies.

CUI Global Sells Electromechanical Components Business

Retrieved on: 
Tuesday, October 1, 2019

TUALATIN, Ore., Oct. 1, 2019 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) (the "Company" or "CUI Global") announced that it has completed the sale of the electromechanical components business of its Power and Electromechanical segment (P&EM) to a private entity for total consideration of$15 million, comprised ofapproximately $4.7 millioncash paid at closing, the retirement of approximately $5.3 million promissory note, anda guaranteed five-year earnout receivable note of $5.0 million issued by the buyer to CUI Global.

Key Points: 
  • TUALATIN, Ore., Oct. 1, 2019 /PRNewswire/ -- CUI Global, Inc. (NASDAQ: CUI) (the "Company" or "CUI Global") announced that it has completed the sale of the electromechanical components business of its Power and Electromechanical segment (P&EM) to a private entity for total consideration of$15 million, comprised ofapproximately $4.7 millioncash paid at closing, the retirement of approximately $5.3 million promissory note, anda guaranteed five-year earnout receivable note of $5.0 million issued by the buyer to CUI Global.
  • The electromechanical business accounted for approximately 36% of P&EM segment revenues of $76.4 million in 2018.
  • Upon the closing of the transaction CUI Global will retain within the P&EM segment its Power business, including an approximate 20% equity interest in Virtual Power Systems.
  • "The sale of our electromechanical business puts us on a path to divesting other, non-core business within the P&EM segment, strengthens our balance sheet, and will contribute to the buildout of a diversified energy services platform," stated William Clough, president and CEO of CUI Global.