Agreement

DataSea Announces 5G Multimodal Communication Technology Service Agreement

Retrieved on: 
Thursday, February 15, 2024

BEIJING, Feb. 15, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada incorporated digital technology corporation engaged in innovative business segments for intelligent acoustics and 5G multimodal communication technology in China announced today that on February 2, 2024, Guozhong Times (Beijing) Technology Ltd. ("Guozhong Times"), a subsidiary of the Chinese operating company contractually controlled by the Company, has entered into a Cooperation Agreement (the "Agreement") with Hangzhou Chongda Technology Co., Ltd. ("Chongda") to increase the sales of 5G multimodal communication services in China.

Key Points: 
  • BEIJING, Feb. 15, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada incorporated digital technology corporation engaged in innovative business segments for intelligent acoustics and 5G multimodal communication technology in China announced today that on February 2, 2024, Guozhong Times (Beijing) Technology Ltd. ("Guozhong Times"), a subsidiary of the Chinese operating company contractually controlled by the Company, has entered into a Cooperation Agreement (the "Agreement") with Hangzhou Chongda Technology Co., Ltd. ("Chongda") to increase the sales of 5G multimodal communication services in China.
  • At the same time, the company is negotiating with major potential clients of 5G multimodal communication services and expects to reach more agreements."
  • The Agreement between Guozhong Times and Chongda exemplifies that Guozhong Times is highly active in providing 5G multimodal communication services, data interfaces and a 5G multimodal communication platform for related services and management.
  • The demand for 5G multimodal communication services in China is high and such demand is expected to continue to rise.

Cavitation Technologies, Inc. has Renewed a 3-year Agreement With Desmet Ballestra Group s.a. and Received a $650,000 Purchase Order

Retrieved on: 
Thursday, February 15, 2024

Desmet is a worldwide distributor of the Company's Nano-based vegetable oil refining and biodiesel production technology.

Key Points: 
  • Desmet is a worldwide distributor of the Company's Nano-based vegetable oil refining and biodiesel production technology.
  • In addition, Desmet has placed a multiple systems order in excess of $650,000, which is expected to be shipped in CTI’s current Fiscal Quarter.
  • The terms of the agreement are virtually similar to the Agreement signed in October 2021.
  • “We are pleased to strengthen our partnership with Desmet, as it has proven to be highly beneficial for both parties.

AXIL Announces Dealer Agreement with Racing Electronics for NASCAR-Branded AXIL Hearing Protection Products at the 2024 DAYTONA 500®

Retrieved on: 
Thursday, February 15, 2024

LOS ANGELES, Feb. 15, 2024 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (“AXIL” or the “Company”) (NYSE American: AXIL), announced today that it has entered into a standard dealer agreement with Racing Electronics for sales of AXIL’s line of products, including AXIL’s special NASCAR-branded products (the “Agreement”).

Key Points: 
  • LOS ANGELES, Feb. 15, 2024 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (“AXIL” or the “Company”) (NYSE American: AXIL), announced today that it has entered into a standard dealer agreement with Racing Electronics for sales of AXIL’s line of products, including AXIL’s special NASCAR-branded products (the “Agreement”).
  • As an authorized dealer, Racing Electronics plans to first sell AXIL’s NASCAR-Branded products trackside at the 2024 DAYTONA 500® and then at other NASCAR racing events slated for 2024.
  • The Agreement aims to capitalize on AXIL’s advance hearing protection solutions with Racing Electronics extensive motorsport marketing expertise and premier trackside locations to provide NASCAR fans wider accessibility to AXIL’s NASCAR-branded hearing protection products.
  • “We believe our hearing protection and related products are an ideal match for the high-octane sport of NASCAR, and invite DAYTONA 500® attendees to visit the Racing Electronics trackside retail outlets to check out our uniquely branded NASCAR hearing products.”

Premier American Uranium Engages SRC Swiss Resource Capital Ag for European Marketing

Retrieved on: 
Wednesday, February 14, 2024

TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR” or “Premier American Uranium”) (TSXV: PUR) is pleased to announce it has engaged SRC Swiss Resource Capital AG (“SRC”), an independent entity, to provide digital, translation, news, and communications services in Europe (the “Services”).

Key Points: 
  • TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR” or “Premier American Uranium”) (TSXV: PUR) is pleased to announce it has engaged SRC Swiss Resource Capital AG (“SRC”), an independent entity, to provide digital, translation, news, and communications services in Europe (the “Services”).
  • Each Option entitles SRC to acquire one PUR common share at an exercise price of $2.61 per share for a period of five years.
  • SRC is at arm’s length to PUR and has no other relationship with PUR, except pursuant to the Agreement.
  • The Agreement and the grant of the Options thereunder are subject to the approval of the TSX Venture Exchange.

Datasea Reports Second Quarter Fiscal Year 2024 Financial Results and Operations Update - Second Quarter Revenue is $11.3 Million Versus $0.1 Million in the Year-Ago Period

Retrieved on: 
Tuesday, February 13, 2024

"We delivered strong performance in our second quarter of 2024 with revenue of approximately $11.3 million which brought our first half revenue of 2024 to $18.2 million.

Key Points: 
  • "We delivered strong performance in our second quarter of 2024 with revenue of approximately $11.3 million which brought our first half revenue of 2024 to $18.2 million.
  • We believe that our technology has competitive advantages in its accuracy, convenience and technological capabilities," said Datasea CEO Zhixin Liu.
  • In addition to Datasea's technological R&D achievements over the years, our improved market positioning is due to extensive market promotion and our exceptional customer support.
  • Datasea anticipates completing these certifications in the next quarter and commencing the sales of its products in the US market.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

Foremost Lithium Announces Commencement of Drill Program at Zoro Lithium Project

Retrieved on: 
Tuesday, February 13, 2024

VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to confirm today that it has commenced drilling on it’s Zoro Lithium Property located in the Snow Lake region of Manitoba.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased to confirm today that it has commenced drilling on it’s Zoro Lithium Property located in the Snow Lake region of Manitoba.
  • This drill program has been partially funded from a $300,000 grant awarded to the Company by The Manitoba Mineral Development Fund in January of 2024.
  • Given the fact that we have received a multi-year permit, we have time on our side to build tonnage and resource.
  • The Zoro Property drill program was originally targeted to commence following or in conjunction with our Jean Lake property drilling program, but it was decided to first initiate the drill program at Dyke 1 on the Zoro property, with the Jean Lake drill program to follow at a later date.

JetBlue Announces Record and Payment Dates for February 2024 Additional Prepayment to Spirit Stockholders

Retrieved on: 
Tuesday, February 13, 2024

As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set February 23, 2024, as the record date for the February 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “February 2024 Additional Prepayment”), with payment of the February 2024 Additional Prepayment to occur on February 29, 2024.

Key Points: 
  • As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set February 23, 2024, as the record date for the February 2024 prepayment to Spirit stockholders of $0.10 per Spirit share (the “February 2024 Additional Prepayment”), with payment of the February 2024 Additional Prepayment to occur on February 29, 2024.
  • Pursuant to the Merger Agreement, Spirit stockholders as of the February 23, 2024, record date will be entitled to receive the February 2024 Additional Prepayment.

ATTENTION TORONTO-DOMINION BANK SHAREHOLDERS: NOTICE OF SETTLEMENT OF THE CLASS ACTION AGAINST THE TORONTO-DOMINION BANK

Retrieved on: 
Tuesday, February 13, 2024

The Toronto-Dominion Bank will pay CAD $22 million (the "Settlement Amount") in full and final settlement of all claims against it in the class action (the "Class Action"), without any admission of liability on the part of The Toronto-Dominion Bank.

Key Points: 
  • The Toronto-Dominion Bank will pay CAD $22 million (the "Settlement Amount") in full and final settlement of all claims against it in the class action (the "Class Action"), without any admission of liability on the part of The Toronto-Dominion Bank.
  • The Settlement Amount, less the lawyers' fees and disbursements, administration expenses, and taxes (the "Compensation Fund"), will be distributed to the Class in accordance with the Court-approved plan of allocation.
  • Legal fees have been approved in the amount of one-third (33.33 percent) of the Settlement Amount, plus disbursements, plus taxes.
  • A CLAIM FOR COMPENSATION MUST BE MADE BY MAY 13, 2024, IN ORDER TO PARTICIPATE IN THE SETTLEMENT.

ATTENTION TORONTO-DOMINION BANK SHAREHOLDERS: NOTICE OF SETTLEMENT OF THE CLASS ACTION AGAINST THE TORONTO-DOMINION BANK

Retrieved on: 
Tuesday, February 13, 2024

MONTRÉAL, Feb. 13, 2024 /PRNewswire/ -- This notice is directed to all persons and entities who purchased securities of The Toronto-Dominion Bank on or after December 3, 2015 and held all or some of those securities until March 9, 2017 (collectively, the "Class" or "Class Members").

Key Points: 
  • The Toronto-Dominion Bank will pay CAD $22 million (the "Settlement Amount") in full and final settlement of all claims against it in the class action (the "Class Action"), without any admission of liability on the part of The Toronto-Dominion Bank.
  • The Settlement Amount, less the lawyers' fees and disbursements, administration expenses, and taxes (the "Compensation Fund"), will be distributed to the Class in accordance with the Court-approved plan of allocation.
  • Legal fees have been approved in the amount of one-third (33.33 percent) of the Settlement Amount, plus disbursements, plus taxes.
  • A CLAIM FOR COMPENSATION MUST BE MADE BY MAY 13, 2024, IN ORDER TO PARTICIPATE IN THE SETTLEMENT.