NewCo

Mineworx Announces Sale of Cehegin Iron Ore Asset

Retrieved on: 
Monday, January 17, 2022 - 10:30am

EDMONTON, Alberta, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the Company or Mineworx) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announces that it has signed a letter of intent to sell the Cehegin Iron Ore Asset in Spain at a valuation of $20,000,000 CDN.

Key Points: 
  • EDMONTON, Alberta, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the Company or Mineworx) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) announces that it has signed a letter of intent to sell the Cehegin Iron Ore Asset in Spain at a valuation of $20,000,000 CDN.
  • We believe the management of NewCo will bring great value and expertise in further monetizing the Cehegin asset moving forward.
  • The transaction is contingent on the completion of the due diligence process and the Company obtaining certain regulatory and shareholder approvals.
  • Mineworx is positioned for growth in CleanTech sector through the development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals.

NewCo Capital Group Pays Special Bonuses having maintained full salaries and benefits packages through the difficult and ongoing pandemic.

Retrieved on: 
Friday, January 14, 2022 - 3:00pm

The organization believes that it had a responsibility to assist its employees during this difficult time.

Key Points: 
  • The organization believes that it had a responsibility to assist its employees during this difficult time.
  • Unlike some of its lesser counterparts, at no time did NewCo need to furlough any employees during the pandemic.
  • Furthermore, the organization believes that it had a responsibility to assist its employees during this difficult time.
  • The Company believes that its action to pay special bonuses and increase compensation packages are consistent with the organization's values and culture.

EQS-News: Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited

Retrieved on: 
Friday, January 14, 2022 - 11:04am

Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited

Key Points: 
  • Atrium European Real Estate Limited: Expiry of objections period in respect of the Merger between Atrium and Gazit Hercules 2020 Limited
    The issuer is solely responsible for the content of this announcement.
  • Jersey, 14 January 2022 - On 23 December 2021, the shareholders of Atrium European Real Estate Limited (VSE/Euronext: ATRS), ("Atrium" or the "Company") approved the terms of the proposed merger between Atrium and Gazit Hercules 2020 Limited ("Newco"), which is an indirect wholly-owned subsidiary of Gazit-Globe Ltd ("Gazit") (the "Acquisition").
  • Post-completion of the Merger, Atrium will continue as the surviving entity, wholly-owned by Gazit.
  • Full details of the Merger are contained in the circular published by Atrium on 23 November 2021 (the "Shareholder Circular").

Decarbonization Plus Acquisition Corporation II Announces Stockholder Approval of Business Combination with Tritium

Retrieved on: 
Wednesday, January 12, 2022 - 9:04pm

MENLO PARK, Calif., Jan. 12, 2022 /PRNewswire/ --Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN) ("DCRN"), a publicly-traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination with Tritium Holdings Pty Ltd ("Tritium"), and all other proposals presented at DCRN's special meeting of stockholders (the "Special Meeting") held on January 12, 2022.

Key Points: 
  • MENLO PARK, Calif., Jan. 12, 2022 /PRNewswire/ --Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN) ("DCRN"), a publicly-traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination with Tritium Holdings Pty Ltd ("Tritium"), and all other proposals presented at DCRN's special meeting of stockholders (the "Special Meeting") held on January 12, 2022.
  • Approximately 96.6% of the votes cast and 58% of the outstanding shares of common stock of DCRN were in favor of approving the business combination proposal.
  • Subject to the satisfaction or waiver of the other customary closing conditions, the business combination is expected to close on January 13, 2022.
  • Decarbonization Plus Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors.

Decarbonization Plus Acquisition Corporation II Announces Waiver of Minimum Cash Condition and Post-Closing Financing

Retrieved on: 
Wednesday, January 12, 2022 - 9:31am

After Closing, NewCo expects to pursue additional financing in order to fund its capital needs (the "Post-Closing Financing").

Key Points: 
  • After Closing, NewCo expects to pursue additional financing in order to fund its capital needs (the "Post-Closing Financing").
  • There is no guarantee that the Post-Closing Financing will involve the Backstop Commitment.
  • (the "New Debt Facility"); in each case, subject to the satisfaction, amendment or waiver of conditions applicable to the respective commitments.
  • Additional information regarding the interests of such participants is set forth in the Registration Statement for the proposed business combination.

Decarbonization Plus Acquisition Corporation II Expects Stockholders to Approve Business Combination with Tritium

Retrieved on: 
Monday, January 10, 2022 - 3:20pm

Decarbonization Plus Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors.

Key Points: 
  • Decarbonization Plus Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors.
  • Certain statements made in this document are "forward-looking statements" with respect to the proposed business combination, including statements regarding the results of the special meeting of stockholders of DCRN.
  • Additional information regarding the interests of such participants is set forth in the Registration Statement for the proposed business combination.
  • A list of the names of such directors and executive officers and information regarding their interests in the business combination is contained in the Registration Statement for the proposed business combination.

TrialSpark licenses sprifermin, an investigational first-in-class disease modifying treatment for osteoarthritis, from Merck KGaA, Darmstadt, Germany and announces formation of High Line Bio

Retrieved on: 
Monday, January 10, 2022 - 1:00pm

NEW YORK, Jan. 10, 2022 /PRNewswire/ --TrialSpark announced today the formation of High Line Bio following the acquisition of worldwide rights to sprifermin from Merck KGaA, Darmstadt, Germany.

Key Points: 
  • NEW YORK, Jan. 10, 2022 /PRNewswire/ --TrialSpark announced today the formation of High Line Bio following the acquisition of worldwide rights to sprifermin from Merck KGaA, Darmstadt, Germany.
  • Sprifermin is a potential first-in-class disease modifying anti-FGF 18 monoclonal antibody that is being evaluated as a potential treatment for osteoarthritis (OA) by promoting cartilage growth.
  • Sprifermin promotes cartilage growth, and could be a potential disease modifying treatment for osteoarthritis.
  • To date, Merck KGaA, Darmstadt, Germany has completed three clinical trials in over 800 patients, including the 549-patients Phase 2 FORWARD trial .

Biotechnology Company Pluristem, and Israel’s Largest Food Producer Tnuva, Launch Landmark Collaboration to Establish Cultured Food Platform

Retrieved on: 
Monday, January 10, 2022 - 8:00am

As part of the collaboration, the Parties may expand the collaboration to include cultured dairy and cultured fish products by establishing separate, new ventures.

Key Points: 
  • As part of the collaboration, the Parties may expand the collaboration to include cultured dairy and cultured fish products by establishing separate, new ventures.
  • Haim Gavrieli, Chairman of Tnuva Group: Our collaboration with Pluristem is part of the execution of Tnuva Groups strategy and vision.
  • We expect the collaboration between the companies to revolutionize the cultured food industry and develop the next generation of alternative proteins.
  • The collaboration with Tnuva supports Pluristem's strategy to establish partnerships that leverage its cell-based technology platform.

Aqua superPower and Tritium Announce Strategic Partnership to Power Electric Boats

Retrieved on: 
Wednesday, December 22, 2021 - 1:00pm

The first marine fast charging network operator, Aqua superPower (Aqua), and Tritium Holdings Pty Ltd (Tritium or the Company), a leading global developer and manufacturer of direct current (DC) fast charging technology for electric vehicles (EVs), today announced a strategic partnership to electrify transportation on global waterways.

Key Points: 
  • The first marine fast charging network operator, Aqua superPower (Aqua), and Tritium Holdings Pty Ltd (Tritium or the Company), a leading global developer and manufacturer of direct current (DC) fast charging technology for electric vehicles (EVs), today announced a strategic partnership to electrify transportation on global waterways.
  • Aqua superpower supports marinas, boat builders and boat owners in the drive to bring electric power to the water and reduce the impact of boating on marine ecosystems.
  • We elected to work with Tritium for their forward-thinking technology, cutting-edge hardware architecture, and operational cost benefits, said Aqua superPowers CEO, Alex Bamberg.
  • Aqua superPower is the first fully marinised dockside network of fast chargers for electric boats.

Ark Restaurants Announces Financial Results for the Fourth Quarter and Fiscal Year Ended 2021

Retrieved on: 
Monday, December 20, 2021 - 9:05pm

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the fourth quarter and fiscal year ended October 2, 2021.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the fourth quarter and fiscal year ended October 2, 2021.
  • Accordingly, the fiscal years ended October 2, 2021 and October 3, 2020 included 52 and 53 weeks, respectively, and the quarters ended October 2, 2021 and October 3, 2020 included 13 and 14 weeks, respectively.
  • Total revenues for the 13-weeks ended October 2, 2021 were $42,839,000 versus $21,774,000 for the 14-weeks ended October 3, 2020.
  • Total revenues for the year ended October 2, 2021 were $131,870,000 versus $106,490,000 for the year ended October 3, 2020.