AB

Exro Announces Filing and Mailing of Management Information Circular in Relation to the Proposed Merger with SEA Electric

Retrieved on: 
Wednesday, March 13, 2024
EV, Growth, Original equipment manufacturer, Partnership, AB, Circular, Electronics, VCU, Meeting, TSX, OEM, Patent, OTCQB, Marketing, Proposition, Transaction

Exro Technologies Inc. files management information circular for proposed merger with SEA Electric Inc. (the "Transaction").

Key Points: 
  • Exro Technologies Inc. files management information circular for proposed merger with SEA Electric Inc. (the "Transaction").
  • Shareholders are encouraged to review the information circular carefully and to vote online in advance of the April 2, 2024 deadline.
  • CALGARY, AB, March 13, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO), (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company focused on developing new generation power-control electronics that expand the capabilities of electric motors and batteries, announced today the filing of its management information circular (the "Circular") with respect to the Transaction with SEA Electric Inc. ("SEA Electric").
  • "The Circular sets out the compelling case for shareholders to approve Exro's merger with SEA Electric," said Exro CEO Sue Ozdemir.

Carbonova Corp. Raised $6 Million to Produce Sustainable Materials from Greenhouse Gas Emissions

Retrieved on: 
Wednesday, March 13, 2024
SAFE, FEED, Natural gas, Sustainable Development Technology Canada, Entrepreneurship, Recycling, AB, Carbon, Kolon Industries, CO2, Plastic, Hydrogen, National Research Council, Kolon, Cryptocurrency

CALGARY, AB, March 12, 2024 /PRNewswire/ - Carbonova Corp., a start-up that aims to turn greenhouse gas emissions into carbon materials for sustainable and inexpensive everyday essentials, announced today that it has successfully closed its SAFE equity financing in an oversubscribed round with $6 million raised.

Key Points: 
  • CALGARY, AB, March 12, 2024 /PRNewswire/ - Carbonova Corp., a start-up that aims to turn greenhouse gas emissions into carbon materials for sustainable and inexpensive everyday essentials, announced today that it has successfully closed its SAFE equity financing in an oversubscribed round with $6 million raised.
  • Kolon has a keen interest in Carbonova's technology applications in Asia, including batteries, plastics, and other materials.
  • Carbonova currently produces carbon nanomaterials for customers at a pilot facility at the company's headquarters in northeast Calgary, Alberta.
  • This amount is sufficient to generate thousands of tons of sustainable end products and serve dozens of customers to bring their own innovative sustainable products in different sectors to the market."

Exro to Present at the 36th Annual ROTH Conference

Retrieved on: 
Tuesday, March 12, 2024
AB, Conference, TSX, Electronics

CALGARY, AB, March 12, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company focused on developing new generation power-control electronics that expand the capabilities of electric motors and batteries, is pleased to announce its participation in the 36th Annual ROTH Conference.

Key Points: 
  • CALGARY, AB, March 12, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company focused on developing new generation power-control electronics that expand the capabilities of electric motors and batteries, is pleased to announce its participation in the 36th Annual ROTH Conference.
  • The annual ROTH Conference provides an exceptional platform for executive management from an array of public and private growth companies to connect with institutional investors.
  • Investors keen on arranging meetings are advised to contact a Roth sales representative for further details.
  • For registration or additional information regarding the conference, interested parties are directed to visit https://ibn.fm/Roth2024Registration .

COPL Announces Initial CCAA Order Issued

Retrieved on: 
Monday, March 11, 2024
Indian stock exchange, COPL, AB, Financial services, London Stock Exchange, Sale, News, CCAA, Public expenditure, XOP, United States bankruptcy court, Bankruptcy, Court, Petroleum

LONDON and CALGARY, AB, March 11, 2024 /CNW/ - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE)  announced that the previously disclosed initial order (the "Initial Order") has been issued by the Alberta Court of King's Bench (the "Court") pursuant to the Companies' Creditors Arrangement Act ("CCAA").

Key Points: 
  • LONDON and CALGARY, AB, March 11, 2024 /CNW/ - Canadian Overseas Petroleum Limited ("COPL" or the "Company") (XOP: CSE) & (COPL: LSE)  announced that the previously disclosed initial order (the "Initial Order") has been issued by the Alberta Court of King's Bench (the "Court") pursuant to the Companies' Creditors Arrangement Act ("CCAA").
  • In that regard, COPL intends to seek Court approval to launch the SISP on or around March 18, 2024.
  • Details in respect of the CCAA proceedings will be made available on the following website at www.ksvadvisory.com/experience/case/canadian-overseas-petroleum .
  • The Company intends to seek recognition of the CCAA proceedings in the United States Bankruptcy Court for the district of Delaware.

COPL Announces CCAA Application and Suspension of Trading in the Company's Shares

Retrieved on: 
Monday, March 11, 2024
Province, COPL, AB, London Stock Exchange, LLP, CCAA, DIP, XOP, Security (finance)

The Initial Order would provide for, among other things, a stay of proceedings in favour of the COPL Group, approval of debtor-in-possession financing ("DIP Financing") and the appointment of KSV Restructuring Inc. to serve as monitor of the COPL Group (in such capacity, the "Monitor").

Key Points: 
  • The Initial Order would provide for, among other things, a stay of proceedings in favour of the COPL Group, approval of debtor-in-possession financing ("DIP Financing") and the appointment of KSV Restructuring Inc. to serve as monitor of the COPL Group (in such capacity, the "Monitor").
  • In light of the application for the Initial Order, the Company has requested a suspension of trading in the Company's common shares on both the London Stock Exchange and the Canadian Securities Exchange with immediate effect.
  • The COPL Group will continue its day-to-day operations as usual and intends to continue paying its critical suppliers in the ordinary course during the CCAA proceedings.
  • As previously announced, Peter Kravitz of Province Fiduciary Services is serving as COPL's Chief Restructuring Officer.

EQS-News: Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%

Retrieved on: 
Wednesday, March 13, 2024
Bitcoin, Ethereum, AB, USD, XETRA, Growth, Annual report, Lead, Blockchain, Development, Cryptocurrency

Total value of the group’s top ten holdings up to €57.5million (FY 2023: €39.65 million)

Key Points: 
  • Total value of the group’s top ten holdings up to €57.5million (FY 2023: €39.65 million)
    21 February 2024 – Advanced Blockchain AG (“AB”, Scale Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator, architect and investor for the blockchain industry, has significantly increased the value of its 2023 portfolio.
  • This corresponds to an increase of 45% compared to May 31, 2023, where the valuation was €39.65 million.
  • This underlines the continuous strategic efforts of Advanced Blockchain AG and its position as an innovation leader in the industry.
  • I am more convinced than ever that Advanced Blockchain will continue to benefit from the success of these companies and capitalize on this momentum.

EQS-News: Advanced Blockchain AG: Portfolio company Arweave launches new innovation and reaches a fully diluted valuation of more than $1.9 billion

Retrieved on: 
Wednesday, March 13, 2024
AB, XETRA, Ecosystem, Traction, Cryptocurrency

29th February 2024 – Arweave, a community-driven network for permanent data storage and portfolio company of Advanced Blockchain, has launched its latest innovation, the hyper parallel computer (ao: https://ao.arweave.dev/), enabling higher transaction scalability for their decentralized storage solutions.

Key Points: 
  • 29th February 2024 – Arweave, a community-driven network for permanent data storage and portfolio company of Advanced Blockchain, has launched its latest innovation, the hyper parallel computer (ao: https://ao.arweave.dev/), enabling higher transaction scalability for their decentralized storage solutions.
  • Currently, Arweave boasts a fully diluted valuation of more than $1.9 billion.
  • Arweave has reached an impressive milestone in February 2024 with more than 593 million transactions.
  • Its processing speed has also increased to an outstanding 600 transactions per second, making it one of the fastest transaction processing protocols.

EQS-News: Advanced Blockchain AG: Former Cisco Germany CEO Michael Ganser joins peaq Foundation as an Executive ahead of mainnet launch

Retrieved on: 
Wednesday, March 13, 2024
Cosmos, Gaia, AB, Senior, Fréchet inception distance, Polka dot, MOBI, Supervisory board, AI, XETRA, Automotive industry, Economy, Internet of things, Cisco, Growth, Gaia-X, PEAQ, Blockchain, Ecosystem, Consumer, Windage, Cryptocurrency

05 March 2024 – Michael Ganser, former CEO of Cisco Germany, has been appointed as an executive of peaq Foundation.

Key Points: 
  • 05 March 2024 – Michael Ganser, former CEO of Cisco Germany, has been appointed as an executive of peaq Foundation.
  • Michael joins at the beginning of a critical growth period for peaq and is a significant value driver for the company."
  • Advanced Blockchain AG is pleased to announce that the peaq team with Michael Ganser will be present at TOKEN 2049 in Dubai next month.
  • Advanced Blockchain remains one of the largest shareholders in EoT Labs GmbH as well as a KREST and PEAQ token holder.

EQS-News: Correction of a release from 21/02/2024, 07:29 CET/CEST - Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%

Retrieved on: 
Wednesday, March 13, 2024
Bitcoin, Ethereum, AB, Supervisory board, USD, XETRA, Growth, Annual report, Lead, Blockchain, Correction, Development, Cryptocurrency

Correction of a release from 21/02/2024, 07:29 CET/CEST - Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%

Key Points: 
  • Correction of a release from 21/02/2024, 07:29 CET/CEST - Advanced Blockchain AG: Value of group’s top ten portfolio holdings increases by 45%
    The issuer is solely responsible for the content of this announcement.
  • The current valuation of the top ten portfolio assets by the independent appraiser AVS-Valuation GmbH resulted in a total valuation of €57.5 million as of December 31, 2023.
  • This corresponds to an increase of 45% compared to May 31, 2023, where the valuation was €39.65 million.
  • This underlines the continuous strategic efforts of Advanced Blockchain AG and its position as an innovation leader in the industry.

Fortinet invests $30 million to build new cybersecurity tech hub in Alberta

Retrieved on: 
Friday, March 8, 2024
Investment, AB, Nate Glubish, Innovation, Woman, IGF, Education, STEM, University, Growth, Fortinet, Government, Curriculum, NAIT, Knowledge, Veteran, Workforce, SAIT, Environment, Oil

With support from Invest Alberta and Calgary Economic Development, and a grant from the Government of Alberta, Fortinet will expand into Calgary’s downtown, creating a cutting-edge cybersecurity tech hub.

Key Points: 
  • With support from Invest Alberta and Calgary Economic Development, and a grant from the Government of Alberta, Fortinet will expand into Calgary’s downtown, creating a cutting-edge cybersecurity tech hub.
  • To address the forecasted shortage of tech talent, Fortinet is providing new career paths to workers needing to re-train or acquire updated expertise.
  • Fortinet offers one of the industry's most extensive and comprehensive training programs , aimed at diversifying available tech talent.
  • “As a global leader in cybersecurity, Fortinet is committed to protecting and empowering communities right here in Alberta, fostering innovation and excellence.