Phrase

Gage Growth Corp. Announces Record Third Quarter 2021 Results and Provides Business Update

Retrieved on: 
Monday, November 29, 2021

Revenue increased to a record of $27.2 million in the third quarter of 2021, as compared to $26.4 million in the second quarter of 2021, a 3.2% increase.

Key Points: 
  • Revenue increased to a record of $27.2 million in the third quarter of 2021, as compared to $26.4 million in the second quarter of 2021, a 3.2% increase.
  • Gross margin, before impact of biological asset adjustments, was 36.5% in the third quarter of 2021 compared to 34.2% in the second quarter of 2021.
  • "In the third quarter of 2021, Gage had a record performance across all financial and operating metrics," said Fabian Monaco, CEO of Gage.
  • Mr. Monaco concluded, "Overall, we will continue to execute on our growth strategy in the remaining months of 2021 and into 2022.

TomaGold Intersects 23.78 g/t Au, 16.55 g/t Ag and 1.0% Cu over 3.20 m at a depth of 330 m at Obalski

Retrieved on: 
Monday, November 29, 2021

The Corporation is currently conducting gyroscopic surveys to confirm the location of the gold-bearing structures at depth.

Key Points: 
  • The Corporation is currently conducting gyroscopic surveys to confirm the location of the gold-bearing structures at depth.
  • Some 40 historical drill holes have been surveyed since the beginning of October, and all the holes are expected to be completed in the coming weeks.
  • TomaGold has implemented and is adhering to a strict Quality Assurance/Quality Control program for the present drilling program.
  • The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.

Gran Colombia Changes Name to GCM Mining Corp.

Retrieved on: 
Monday, November 29, 2021

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (the Company) (TSX: GCM, OTCQX: TPRFF) announced today that it has changed its name to GCM Mining Corp. effective immediately and its website can be found at www.gcm-mining.com .

Key Points: 
  • TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (the Company) (TSX: GCM, OTCQX: TPRFF) announced today that it has changed its name to GCM Mining Corp. effective immediately and its website can be found at www.gcm-mining.com .
  • Commenting on the name change, Serafino Iacono, Executive Chairman of the Company, said We are very proud of our Colombian roots and, in Colombia, we will continue to operate as Gran Colombia.
  • GCM Mining Corp. is a mid-tier gold producer with a proven track record of mine building and operating in Latin America.
  • In Colombia, the Company is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations.

High Tide Closes Acquisition of NuLeaf Naturals

Retrieved on: 
Monday, November 29, 2021

High Tide Inc. (High Tide or the Company) (TSXV: HITI) (NASDAQ: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, is pleased to announce, that further to its press release dated November 22, 2021, the Company has completed its acquisition (the Acquisition) of an 80% interest in NuLeaf Naturals, LLC (NuLeaf) for US$31,240,000 (the Transaction), and will have a three-year option to acquire the remaining 20% of NuLeaf at any time.

Key Points: 
  • High Tide Inc. (High Tide or the Company) (TSXV: HITI) (NASDAQ: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks and mortar as well as global e-commerce assets, is pleased to announce, that further to its press release dated November 22, 2021, the Company has completed its acquisition (the Acquisition) of an 80% interest in NuLeaf Naturals, LLC (NuLeaf) for US$31,240,000 (the Transaction), and will have a three-year option to acquire the remaining 20% of NuLeaf at any time.
  • High Tide acquired 80% of NuLeaf for 4,429,809 common shares of High Tide (each a High Tide Share) valued at US$31,243,000 (the Consideration), on the basis of a deemed price of US$7.0529 per High Tide Share, being equal to the volume weighted average price per High Tide Share on the Nasdaq for the ten consecutive trading days preceding the closing of the Acquisition.
  • In addition, High Tide has agreed to grant NuLeafs owners an option to put to High Tide the remaining interest in NuLeaf not held by High Tide (the Put Option), at the same enterprise value of the Call Option.
  • In connection with the closing of the Transaction, High Tide granted 60,000 stock options (the Options) to employees and consultants of NuLeaf, exercisable at CAD$8.02 per High Tide Share for a period of 3 years.

Seritage Growth Properties Announces Amendment to Senior Secured Term Loan Agreement

Retrieved on: 
Monday, November 29, 2021

Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 170 retail, residential and mixed-use properties, today announced an amendment to Seritage Growth Properties L.P.s and the Companys Senior Secured Term Loan Agreement (the Agreement) with Berkshire Hathaway Life Insurance Company of Nebraska for the $1.6 billion term loan facility previously announced on July 31, 2018.

Key Points: 
  • Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 170 retail, residential and mixed-use properties, today announced an amendment to Seritage Growth Properties L.P.s and the Companys Senior Secured Term Loan Agreement (the Agreement) with Berkshire Hathaway Life Insurance Company of Nebraska for the $1.6 billion term loan facility previously announced on July 31, 2018.
  • Under the terms of the amendment, the companies mutually agreed that the make whole provision of the Agreement shall not be applicable to prepayments of the term loan facilitys principal.
  • Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of diversified and mixed-use properties throughout the United States.
  • While the Company believes that its forecasts and assumptions are reasonable, the Company cautions that actual results may differ materially.

CoreSite’s VA3 Data Center Powered by 100% Renewable Energy

Retrieved on: 
Monday, November 29, 2021

CoreSite Realty Corporation (NYSE:COR) (the Company), a premier provider of secure, reliable, high-uptime data center campuses with high-performance cloud and interconnection solutions across the U.S., today announced its VA3 data center is powered by 100% renewable energy through Dominion Energys 100% Renewable Energy ProgramSM .

Key Points: 
  • CoreSite Realty Corporation (NYSE:COR) (the Company), a premier provider of secure, reliable, high-uptime data center campuses with high-performance cloud and interconnection solutions across the U.S., today announced its VA3 data center is powered by 100% renewable energy through Dominion Energys 100% Renewable Energy ProgramSM .
  • CoreSites VA3 data center is its newest purpose-built, enterprise class facility on its Northern Virginia campus, and together with VA1 and VA2 currently comprise our Reston data center campus.
  • All of CoreSites new and existing customers deployed at its VA3 data center can claim 100% renewable power.
  • We are excited to support the development of local renewable energy sources in the Northern Virginia market and to take this additional step in CoreSites sustainability journey by achieving 100% renewable power at our VA3 data center.

FRO - Third Quarter and Nine Months 2021 Results

Retrieved on: 
Monday, November 29, 2021

We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Key Points: 
  • We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
  • We caution readers of this report not to place undue reliance on these forward-looking statements, which speak only as of their dates.
  • These forward-looking statements are no guarantee of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.
  • See Appendix 1 for a full description of the measures and reconciliation to the nearest GAAP measure.

Tims China Announces Strategic Partnership with METRO China

Retrieved on: 
Monday, November 29, 2021

SHANGHAI, Nov. 28, 2021 /PRNewswire/ --TH International Limited, together with its wholly owned subsidiaries, ("THIL" or "Tims China")announced today astrategic partnership with METRO China, a leading retailer and joint venture of Wumart and Metro AG, whereby Tims China will be the exclusive coffee shop brand in METRO stores inChina.

Key Points: 
  • SHANGHAI, Nov. 28, 2021 /PRNewswire/ --TH International Limited, together with its wholly owned subsidiaries, ("THIL" or "Tims China")announced today astrategic partnership with METRO China, a leading retailer and joint venture of Wumart and Metro AG, whereby Tims China will be the exclusive coffee shop brand in METRO stores inChina.
  • Under the partnership, Tims China will open Tims Go coffee shops, the compact-store model of Tims China, at METRO China stores inthe country.
  • Tims China holdsthe exclusive master franchise rights for Tim Hortons coffee shops in China.
  • Yongchen Lu, CEO of Tims China, said, "We are extremely excited to become partners with METRO China, one of the leading wholesalers and retailers in China.

TAAT™ Becomes an Official Supplier of H.T. Hackney, One of the Largest U.S. Wholesale Distributors

Retrieved on: 
Friday, November 26, 2021

The Company has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties.

Key Points: 
  • The Company has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties.
  • TAAT's base material is Beyond Tobacco, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco.
  • The statements in this news release have not been evaluated by Health Canada or the U.S. Food and Drug Administration.
  • Disclosures relating to investor relations firms retained by TAAT Global Alternatives Inc. can be found under the Company's profile on http://sedar.com .

Exela Technologies, Inc. Announces Extension and Support from Over 80% of Holders for Exchange Offer

Retrieved on: 
Friday, November 26, 2021

In addition, certain holders of the Old Notes (Supporting Holders) who collectively hold approximately $350.6 million of outstanding Old Notes have agreed that they would tender for exchange all of their Old Notes.

Key Points: 
  • In addition, certain holders of the Old Notes (Supporting Holders) who collectively hold approximately $350.6 million of outstanding Old Notes have agreed that they would tender for exchange all of their Old Notes.
  • The Company expects settlement for the Exchange Offer to occur promptly after the Extended Tender Time.
  • Documents relating to the Exchange Offer and the Consent Solicitation are available to certain holders of the Old Notes.
  • The complete terms and conditions of the Exchange Offer and the Consent Solicitation are set forth in the Offering Memorandum.