MI

Daymond John's Black Entrepreneurs Day Awards $250,000 in NAACP Grants to Black Businesses Across the US

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Saturday, October 16, 2021 - 1:04am

Anchored by motivating dialogue about the entrepreneurial journey, the show also provided bottom-line financial support to Black businesses by awarding $250,000 in NAACP Powershift Grants to 10 inspiring entrepreneurs.

Key Points: 
  • Anchored by motivating dialogue about the entrepreneurial journey, the show also provided bottom-line financial support to Black businesses by awarding $250,000 in NAACP Powershift Grants to 10 inspiring entrepreneurs.
  • "Black Entrepreneurs Day was created on the premise that as business leaders and community figures, we had the opportunity to share our success through mentorship and conversations.
  • Black Entrepreneurs Day, presented by Chase for Business, is a primetime special at the intersection of business and entertainment.
  • The event is curated and hosted by Daymond John and produced in conjunction with Medium Rare and The Shark Group.

Pure Gold Mining Inc. Closes Previously Announced Non-Brokered Financing of Approximately C$3.47 Million

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Friday, October 15, 2021 - 10:01pm

VANCOUVER, British Columbia, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSXV:PGM LSE:PUR) (“PureGold” or the “Company”) is pleased to announce that it has closed the non-brokered private placement (the “Offering”) announced on October 5, 2021.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSXV:PGM LSE:PUR) (PureGold or the Company) is pleased to announce that it has closed the non-brokered private placement (the Offering) announced on October 5, 2021.
  • ABOUT PURE GOLD MINING INC.
    PureGold is a growth company, located in the very heart of Red Lake, Canada.
  • To develop a highly-profitable long life gold mining company, becoming Canadas next iconic gold producer.
  • To expand organically, and develop PureGolds multi-million ounce high grade gold asset incrementally, step-by-step, using a phased mining development plan to deliver maximum return.

Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility

Nasdaq, Credit Acceptance, GLOBE
Friday, October 15, 2021 - 9:02pm

Southfield, Michigan , Oct. 15, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) announced today that we extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from September 30, 2022 to September 30, 2024.

Key Points: 
  • Southfield, Michigan , Oct. 15, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the Company, Credit Acceptance, we, our, or us) announced today that we extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from September 30, 2022 to September 30, 2024.
  • There were no other material changes to the terms of the facility.
  • Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.
  • Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC.

Aurora Welcomes Trucking and Freight Expert to Company’s Safety Advisory Board

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Friday, October 15, 2021 - 4:00pm

The self-driving company Aurora is welcoming freight and trucking safety expert Karen Rasmussen to its Safety Advisory Board , further strengthening its steadfast commitment to delivering its technology to market safely.

Key Points: 
  • The self-driving company Aurora is welcoming freight and trucking safety expert Karen Rasmussen to its Safety Advisory Board , further strengthening its steadfast commitment to delivering its technology to market safely.
  • Rasmussen is currently the Executive Director of the Independent Carrier Safety Association (ICSA), a non-profit organization focused on improving highway safety.
  • The expertise of the Safety Advisory Board complements the team we have at Aurora and its members offer valuable insights as we deliver this technology safely.
  • Auroras Safety Advisory Board offers the Aurora team an external perspective on Auroras overall approach to safety, as well as on other broader industry topics, including how the company engages with regulators and the public.

Meritage Reports Third Quarter 2021 Results; Strong Demand Continued Growth

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Friday, October 15, 2021 - 2:55pm

Our sales growth in the third quarter was solid, especially on top of the record 9.0% same store sales growth last year.

Key Points: 
  • Our sales growth in the third quarter was solid, especially on top of the record 9.0% same store sales growth last year.
  • Last year many U.S. casual dining operations were closed or had restricted dining room operations, producing abnormally high demand for drive-thru transactions.
  • Newly built and reimaged Wendys restaurants continue to generate increased consumer demand and should provide for significant earnings growth in 2022.
  • Meritage is targeting robust growth in 2022, driven by new restaurant development in Wendys and Taco Johns, reimaged restaurants, and acquisitions.

Tinley’s Closes $1.865 Million Non-Brokered Private Placement; Richard Gillis Acquires 1 Million Units

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Friday, October 15, 2021 - 1:00pm

Of the Units sold as part of the Offering, Richard Gillis, recently appointed to the role of President and Chief Operating Officer of Tinleys USA, subscribed for 1 million Units.

Key Points: 
  • Of the Units sold as part of the Offering, Richard Gillis, recently appointed to the role of President and Chief Operating Officer of Tinleys USA, subscribed for 1 million Units.
  • Prior to joining Tinley, Mr. Gillis served as President of Youngs Market Company which, under his leadership, generated US3$ billion annually in sales.
  • I made this investment to demonstrate my confidence in Tinleys growth trajectory, said Richard Gillis.
  • Mr. Stodart has returned to active advisory work for Tinleys with a focus on driving the Companys expansion in Canada.

i-80 Gold Completes Transaction with Nevada Gold Mines to Acquire Lone Tree and Buffalo Mountain

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Friday, October 15, 2021 - 12:32am

"With the closing of this transaction, we now embark on our aggressive growth plan to achieve our goal of building a prominent mid-tier gold producer" stated Matthew Gollat, EVP Business and Corporate Development of i-80 Gold.

Key Points: 
  • "With the closing of this transaction, we now embark on our aggressive growth plan to achieve our goal of building a prominent mid-tier gold producer" stated Matthew Gollat, EVP Business and Corporate Development of i-80 Gold.
  • "Becoming one of only three companies in Nevada with infrastructure to process refractory mineralization, i-80 has gained a strategic advantage for long-term mine development.
  • In connection with the Asset Exchange, NGM subscribed for 22,757,393 Common Shares under the Private Placement at the Issue Price.
  • i-80 Gold Corp. is a well-financed, Nevada-focused mining company with a goal of achieving mid-tier gold producer status.

Medicare Advantage Plans Across the United States Powered by Lumeris’ PHSO, the Industry’s Leading Value-Based Care Solution, Achieve CMS’ Highest Ratings

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Thursday, October 14, 2021 - 10:00pm

In addition, new Medicare Advantage plans Lumeris has jointly built with health systems across the country including BayCarePlus Medicare Advantage (FL), Mary Washington Medicare Advantage (VA), PHP Medicare (MI) and Stanford Healthcare Advantage (CA), received CMS plan ratings of 4.0 to 5.0.

Key Points: 
  • In addition, new Medicare Advantage plans Lumeris has jointly built with health systems across the country including BayCarePlus Medicare Advantage (FL), Mary Washington Medicare Advantage (VA), PHP Medicare (MI) and Stanford Healthcare Advantage (CA), received CMS plan ratings of 4.0 to 5.0.
  • Star ratings are based on an MA plans performance metrics which includes patient satisfaction, chronic conditions management, and screenings.
  • We congratulate Essence Healthcare and our other Medicare Advantage health system partners, said Mike Long, Chairman and CEO of Lumeris.
  • Those capabilities include supporting 5.0 Star Medicare Advantage plans, like Essence Healthcare, and additional 15 market deployments with health systems across the U.S.

Notice to the Extraordinary General meeting in Hexagon AB (publ)

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Thursday, October 14, 2021 - 5:36pm

NACKA STRAND, Sweden, Oct. 14, 2021 /PRNewswire/ -- The shareholders of Hexagon AB are hereby given notice of the Extraordinary General Meeting to be held on Wednesday 17 November 2021.

Key Points: 
  • NACKA STRAND, Sweden, Oct. 14, 2021 /PRNewswire/ -- The shareholders of Hexagon AB are hereby given notice of the Extraordinary General Meeting to be held on Wednesday 17 November 2021.
  • Please note that the notification to the Extraordinary General Meeting can only be made by postal voting.
  • For shareholders who have their shares nominee-registered, the following applies in order to be entitled to participate in the Meeting.
  • Completed and signed forms for postal voting can be sent by mail to Hexagon AB, c/o Euroclear Sweden, Box191, SE-101 23 Stockholm, Sweden, or by e-mail to GeneralMeetingService@euroclear.com .

Converge Technology Solutions Corp. Announces the Closing of Portage CyberTech Non Brokered Private Placement

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Thursday, October 14, 2021 - 2:30pm

GATINEAU, Qubec and TORONTO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (Converge or the Company) (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that Portage CyberTech Inc. (Portage CyberTech), its recently formed cybersecurity-focused SaaS entity, has closed a non-brokered private placement.

Key Points: 
  • GATINEAU, Qubec and TORONTO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (Converge or the Company) (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that Portage CyberTech Inc. (Portage CyberTech), its recently formed cybersecurity-focused SaaS entity, has closed a non-brokered private placement.
  • Portage CyberTech issued 43,750,000 common shares at a price of $0.80 per common share for gross proceeds to Portage of $35 million (the Private Placement).
  • Upon completion of the Private Placement, Converge owns approximately 53% of Portage CyberTech, based on a $75 million valuation following completion of the Private Placement.
  • Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services.