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Urbana Corporation Net Asset Value per Share above $7 – Sets New All-time High

Friday, October 15, 2021 - 8:53pm

TORONTO, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Urbana Corporation ("Urbana") (TSX and CSE: URB, URB.A) is pleased to announce that as of the close October 14th, 2021, its net asset value per share (“NAVPS”) reached a new all-time high of $7.02, exceeding $7 for the first time. Total net assets for Urbana are now over $300 million.   

Key Points: 
  • Total net assets for Urbana are now over $300 million.
  • Urbanas NAVPS at the end of 2020 was $5.64, prior to our $0.09 per share dividend in January 2021.
  • Much of the contribution to this years growth has been from our large U.S. financial positions, the energy sector and especially Urbanas private investments.
  • Urbana Corporation's net asset value per share now exceeds $7.00, a record high!, says Thomas S. Caldwell, Chairman of Urbana Corporation.

Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Friday, October 15, 2021 - 1:50pm

NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world's largest crypto exchange, it's about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology. At the same time, the total locked value in DeFi surpassed $200 billion, marking an impressive 855% increase since January 1, 2021, and revealing the market's growing appetite for blockchain, crypto, and decentralized finance (DeFi). As the popularity of blockchain increases, innovative companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Bitfarms (NASDAQ:BITF) (TSXV:BITF), Bit Digital (NASDAQ:BTBT), Mobilum Technologies Inc. (CSE:MBLM) (OTCPK:MBLMF) and DMG Blockchain (TSX-V:DMGI) (OTCQB:DMGGF) are taking steps to position themselves as market leaders in the expanding blockchain and crypto space.

Key Points: 
  • Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology.
  • WonderFi is also collaborating with Circle Internet Financial to offer customers the world's fastest-growing stablecoin, USDC through the WonderFi App.
  • Companies like Kevin O'Leary-backed WonderFi Technologies are providing solutions to support the growing blockchain, crypto, and decentralized finance markets as they become mainstream.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Friday, October 15, 2021 - 1:50pm

NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world's largest crypto exchange, it's about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology. At the same time, the total locked value in DeFi surpassed $200 billion, marking an impressive 855% increase since January 1, 2021, and revealing the market's growing appetite for blockchain, crypto, and decentralized finance (DeFi). As the popularity of blockchain increases, innovative companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Bitfarms (NASDAQ:BITF) (TSXV:BITF), Bit Digital (NASDAQ:BTBT), Mobilum Technologies Inc. (CSE:MBLM) (OTCPK:MBLMF) and DMG Blockchain (TSX-V:DMGI) (OTCQB:DMGGF) are taking steps to position themselves as market leaders in the expanding blockchain and crypto space.

Key Points: 
  • Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology.
  • WonderFi is also collaborating with Circle Internet Financial to offer customers the world's fastest-growing stablecoin, USDC through the WonderFi App.
  • Companies like Kevin O'Leary-backed WonderFi Technologies are providing solutions to support the growing blockchain, crypto, and decentralized finance markets as they become mainstream.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

DGAP-News: Polyus Finance Plc: Closing of USD 700 million Eurobonds offering

Thursday, October 14, 2021 - 5:11pm

THE SECURITIES ARE NOT INTENDED FOR "OFFERING", "PLACEMENT" OR "CIRCULATION" (EACH AS DEFINED IN RUSSIAN SECURITIES LAWS) IN THE RUSSIAN FEDERATION, EXCEPT AS PERMITTED BY RUSSIAN LAW.

Key Points: 
  • THE SECURITIES ARE NOT INTENDED FOR "OFFERING", "PLACEMENT" OR "CIRCULATION" (EACH AS DEFINED IN RUSSIAN SECURITIES LAWS) IN THE RUSSIAN FEDERATION, EXCEPT AS PERMITTED BY RUSSIAN LAW.
  • Polyus Finance plc (the "Issuer"), an indirect wholly-owned finance subsidiary of PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company") announces that the Issuer has closed and settled the issuance of USD 700 million notes due 14 October 2028 with a coupon of 3.25% per annum (the "Notes").
  • The Notes are guaranteed by PJSC Polyus and Joint Stock Company Polyus Krasnoyarsk, a wholly-owned subsidiary of the Company.
  • Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus' and/or Polyus group's operations.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

PALM BEACH,  Fla., Oct. 14, 2021 /PRNewswire/ -- For a long time, the conversation in the gaming world was focused on mobile being the future of the industry. Now, in 2021, the future has officially arrived.  Our society is becoming more dependent on smartphones, with more than 90% of Americans owning a smartphone, and the rest of the developed world is only slightly behind the United States' pace. It is not a surprise that revenue from mobile gaming is rising, but the growth rate is something sportsbooks need to keep an eye on in the future. The more the common gamers pour their money into mobile gaming, the more sportsbooks will need to be ready to pounce. Already more than 40% of smartphone owners are paying at least $50 per month on games, which translates to $600 per year. That isn't a small sum for most people, and a quarter of the users are up to at least $1,000 per year on mobile gaming. Simply put, the future used to be mobile gaming, but it is becoming increasingly apparent that the future is here and the switch from PC gaming to mobile gaming is vital.   A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming. While most users are starting to use mobile gaming more than PC or consoles, the competitive gaming world has not made the switch yet. Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile." Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Skillz (NYSE: SKLZ), Super League Gaming (NASDAQ: SLGG), Elys Game Technology, Corp. (NASDAQ: ELYS), Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG).

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Rising Consumer Spending on CBD-infused Products Fueling Big Profits in Billion Dollar Industry

Thursday, October 14, 2021 - 1:50pm

Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.

Key Points: 
  • Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.
  • The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products.
  • As a result, CBD-infused product sales are soaring, ultimately driving the growth of the CBD-infused products market.
  • "According to Bloomberg , Thrasio, having raised more than $2 billion, could see its IPO valued at more than $10 billion.

Rising Consumer Spending on CBD-infused Products Fueling Big Profits in Billion Dollar Industry

Thursday, October 14, 2021 - 1:50pm

PALM BEACH, Fla., Oct. 14, 2021 /PRNewswire/ -- The last two decades have seen a great deal of progress in global legalization and regulation of cannabis, both for medical and recreational use. Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products. The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products. Moreover, the usage of cannabis in pet food and the increasing demand for cannabis-infused drinks provide significant opportunities in this market. However, the high cost associated with CBD and stringent government regulations against cannabis in certain countries obstructs the growth of this market to some extent. A report from Meticulous Research projected that the CBD-infused products market is expected to grow at a CAGR of 45.6% from 2021 to 2028 to reach $216.8 billion by 2028. The report said, "The COVID-19 pandemic has severely impacted many economies around the globe. As a measure to control the spread of this disease and avoid its associated consequences, governments across the globe announced partial or complete lockdowns, majorly impacting many industries, but the cannabis industry is having a breakthrough moment. Since it is beneficial for COVID-19 respiratory effects, thus state and local governments are gradually accepting the value and benefits of medicinal cannabis. Thus, this factor is expected to boost the demand for CBD-infused products." Active Companies in the cannabis industry include Grove, Inc. (NASDAQ: GRVI), Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE: TRUL), Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE: CURA), Cronos Group, Inc. (NASDAQ: CRON) (TSX: CRON), Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB).

Key Points: 
  • Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.
  • The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products.
  • As a result, CBD-infused product sales are soaring, ultimately driving the growth of the CBD-infused products market.
  • "According to Bloomberg , Thrasio, having raised more than $2 billion, could see its IPO valued at more than $10 billion.

Alaris Equity Partners Announces Board Member Appointment

Wednesday, October 13, 2021 - 10:50pm

CALGARY, Alberta, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (the “Trust” or “Alaris”) (TSX: AD.UN) is pleased to announce the appointment of Kim Lynch Proctor to the Board of Trustees (the “Board”) effective October 13, 2021.

Key Points: 
  • CALGARY, Alberta, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (the Trust or Alaris) (TSX: AD.UN) is pleased to announce the appointment of Kim Lynch Proctor to the Board of Trustees (the Board) effective October 13, 2021.
  • We are pleased to welcome Kim to the Alaris Board.
  • Kims extensive experience and knowledge across a range of diverse strategic roles will be invaluable to Alaris as we continue to grow.
  • Ms. Lynch Proctor is an experienced board director, private equity executive, lawyer, and accountant with over 20 years of experience.

Dream Industrial REIT Announces $250 Million Equity Offering, and Provides Update on 5 Million Square Feet of Acquisitions Across Canada and Europe

Wednesday, October 13, 2021 - 9:32pm

TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Dream Industrial REIT (DIR.UN-TSX) or (the “Trust” or the “REIT” or “we”) today announced the launch of a $250 million equity offering and an update on its robust pace of capital deployment.

Key Points: 
  • A 124,000 square foot asset located in the Greater Montreal Area for a purchase price of $26 million.
  • A 118,000 square foot urban logistics asset in the Eindhoven Region, Netherlands for 14 million ($21 million).
  • In Germany, the Trust waived all conditions on two logistics assets totalling 380,000 square feet for 33 million ($48 million).
  • As at June 30, 2021, Dream Industrial REIT owns and operates a global portfolio comprising approximately 39 million square feet of gross leasable area in key markets across North America and Europe.