Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereum has the second-largest market capitalization after bitcoin, but not as much cache and perhaps more operational challenges that could prevent it from eclipsing its major rival. In the crypto world, the terms "ethereum" and "ether" have become synonymous.
It costs just $25.
Confirms Date of Shareholders Meeting to Vote on the Qualifying TransactionTORONTO, May 07, 2021 (GLOBE NEWSWIRE) -- Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U; OTCQX: MRCQF; “BRND” or the “Company”), a Special Purpose Acquisition Company (SPAC) which has entered into a definitive agreement to merge (the “Glass House Group Transaction”) with GH Group, Inc. (“GH Group”), California’s leading fully-integrated cannabis business, is updating the status of its proposed merger with GH Group. Prospectus and Circular BRND has filed a final non-offering prospectus (the “Prospectus”) with the Canadian securities authorities and a management information circular (the “Circular”) in respect of the upcoming meeting of the Company’s shareholders to approve the Glass House Group Transaction. The Prospectus and the Circular can be found under the Company’s profile at www.sedar.com. As previously announced, the Company and GH Group announced a business combination to create the largest cannabis brand-building platform in California, the world’s largest cannabis market. GH Group will support its existing and future portfolio of brands with unmatched capacity and distribution in the state. The combined company has planned expansions to reach 6 million ft2 of cultivation in state-of-the-art greenhouses, representing by far the largest capacity of any cannabis operator in California and an anticipated retail footprint of 21 operational dispensaries by Q1 2022, more than double the next largest retail operator in the state. Further details of the proposed combination can be found in the Prospectus, the Circular, on the Company’s website at mercerparkbrand.com and in the press release issued by the Company on April 8, 2021. Shareholders Meeting The Company confirms that it plans to hold a shareholder meeting on June 2, 2021 to approve the Glass House Group Transaction. It is anticipated that the Glass House Group Transaction will close shortly thereafter. The expected closing date will be announced around the time of the meeting. Investors who have redeemed their class A shares in conjunction with the extension have the right to withdraw their redemption prior to May 12, 2021 at 7:00 PM (Toronto time). There will be an additional opportunity to redeem class A restricted voting shares for cash before the closing of the Glass House Group Transaction by depositing their shares into the qualifying transaction redemption process, with an expected deposit deadline of June 2, 2021. The Company encourages shareholders to remain fully invested through the closing of the Glass House Group Transaction. About Mercer Park Brand Acquisition Corp. BRND is a special purpose acquisition corporation launched in May 2019 to create the leading branded cannabis company in the U.S. For more information about BRND, please visit the BRND website at www.mercerparkbrand.com. About GH Group, Inc. GH Group is a rapidly growing, vertically integrated, California-focused organization that strives every day to realize its vision of excellence: compelling cannabis brands, produced sustainably, for the benefit of all. Led by a team of expert operators, proven businesspeople, and passionate plant lovers, it is dedicated to delivering rich cannabis experiences with respect for people, for the environment, and for the community, and an abiding commitment to justice, social equity, and sustainability. Risk Factors This investment opportunity involves a high degree of risk. You should carefully consider the risks and uncertainties described under “Risk Factors” in the Prospectus. If any of the risks and uncertainties described thereunder actually occur, alone or together with additional risks and uncertainties not currently known to BRND or GH Group, or that they currently do not deem material, BRND’s and GH Group’s business, financial condition, results of operations and prospects may be materially adversely affected. There can be no assurance that the Glass House Group Transaction will be completed, or, if it is, that the resulting company will be successful. Additional Information About the Proposed Business Combination and Where to Find It BRND and GH Group urge investors, shareholders and other interested persons to read the documents (including the Prospectus and Circular) filed with Canadian securities regulatory authorities in connection with the Glass House Group Transaction, as these materials contain important information about BRND, GH Group, the resulting company and the Glass House Group Transaction. Company Contact: Megan KulickT: (646) 977-7914Email: IR_BRND@mercerparklp.com Investor Relations Contact: Cody Cree or Jackie KeshnerGateway Investor RelationsT: (949) 574-3860Email: BRND@GatewayIR.com
The Ontario Securities Commission (OSC) is moving to ban deferred sales charges (DSC) on mutual funds in Ontario. Under the rule, the payment of upfront sales commissions by fund organizations to dealers will be prohibited, harmonizing the DSC ban across Canada.
In recent months, Dogecoin has astonished, puzzled, delighted, and concerned investors and industry insiders. Long-term Dogecoin fans have reveled in the digital coin's growth, while critics and skeptics are uneasy about the knock-on effect for the cryptocurrency industry. The big concern is that Dogecoin now has a bigger market cap than Twitter -- yet it doesn't have any paid staff, or any fundamental purpose.
U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers' preference for personal transport amid the health crisis. "We've embedded a 3% reduction in industry production to factor in what we're anticipating and expecting as further announced downtime that hasn't been publicly announced at this point," Lear Corp Chief Financial Officer Jason Cardew said on Friday.
New Delhi [India], May 8 (ANI): Granting further relief in view of the pandemic, provisions of Section 269ST of Income-Tax Act, 1961 have been relaxed by the Central government, allowing hospitals and other medical facilities providing Covid treatment to patients to receive cash payments of Rs 2 lakh or more.
Turnout in all three Edinburgh constituencies counted on Friday was higher than at any other Scottish Parliament election.
CALGARY, Alberta, May 07, 2021 (GLOBE NEWSWIRE) -- Paleo Resources, Inc. (“Paleo” or the “Corporation”) (TSX-V: PRE, OTCQB: PRIEF) announced today that a cease trade order has been issued by its principal regulator, the Alberta Securities Commission, for failure to file its audited annual financial statements, management’s discussion and analysis and related certifications for the fiscal year ended December 31, 2020 (the “Documents”) on or before April 29, 2021, as required under applicable securities laws. The delay in the completion of the required filings is due, in part, to business and administrative disruption experienced by the Corporation in respect of both a consultant engaged to complete a valuation of an acquisition required for the audit and the Company’s auditors, which have experienced a delay caused by the COVID-19 pandemic. It is expected that the required filings will be completed by May 18, 2021. Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Paleo Resources, Inc. is an oil and natural gas exploration company with executive offices in San Antonio, Texas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "PRE" and on the OTCQB as "PRIEF". For further information please contact: Roger S. Braugh, Jr.Interim Chief Executive Officer and Chairman of the Board Email: firstname.lastname@example.org Paleo Resources, Inc.716 S. Frio St. Suite 201San Antonio, Texas 78207Telephone: 254-699-0975 Forward Looking Statements This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. In particular, this news release contains forward-looking information regarding the filing of the Documents, including the timing for the filing of the Documents. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects Paleo's current beliefs and is based on information currently available to Paleo and on assumptions Paleo believes are reasonable. These assumptions include, but are not limited to: the ability of the Corporation to complete the Documents in the noted timeframe. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Paleo to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: volatility in market prices for oil and natural gas; constraints on sour gas production; the availability of commodity markets and third party equipment, infrastructure and services; liabilities inherent in oil and natural gas operations; uncertainties associated with estimating oil and natural gas reserves; geological, technical, drilling and processing availability, upsets or problems; general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation, including environmental legislation, affecting Paleo; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional assumptions used to develop such forward-looking information and a description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in Paleo's disclosure documents on the SEDAR website at www.sedar.com. Although Paleo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Paleo as of the date of this news release and, accordingly, is subject to change after such date. However, Paleo expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.
K.B. Recycling Industries Ltd., conducting business as Alkemy ("Alkemy" or, the "Company") (TSXV: AKMY) (TSXV: AKMY.WT), a leading environmental technology company based in Israel, announced today that its Annual and Special Meeting of shareholders (the "AGM") will be held on July 12, 2021. As COVID-19 restrictions continue to affect several jurisdictions, the time, format, location and business to be conducted at the AGM will be communicated at a later date.
Investors don't appear to be satisfied with the growth rate after the company reported first-quarter financial results.
The latest news on COVID-19 developments in Canada (all times Eastern): 2 p.m. New Brunswick health officials are reporting eight new cases of COVID-19, including two travel-related cases of New Brunswickers who are isolating outside the province. The cases involve people from four different regions, ranging in age from their 20s to their 60s. Eight patients are hospitalized, including three who are out of province, and two people are in intensive care. The province has now had 1,988 cases since the pandemic began, with 40 deaths and 1,807 recoveries. --- 1:45 p.m. The Saskatchewan government says all residents who are 12 and older will be eligible for a first shot of the COVID-19 vaccine by May 20. The eligible age is set to drop to 32 tomorrow and will go down every second day until May 20. The province also plans to expand its pharmacy vaccination pilot rollout as more doses become available. Officials say they will also be relaxing some of the COVID-19 restrictions in the Regina area on May 17. They say restaurants and licensed establishments will be able to reopen for in-person dining under the same guidelines as the rest of the province. --- 1:35 p.m. The Manitoba government is reporting 502 new COVID-19 cases and one death. It's the highest daily case count since the second wave of the pandemic last winter. The deputy chief public health officer, Dr. Jazz Atwal, says the numbers are alarming. The province is expanding intensive care bed capacity in anticipation of growing demand. --- 1:35 p.m. Nova Scotia is reporting one new death related to COVID-19 and 227 new cases today. Health officials say a woman in her 70s has died in the Halifax area and is the 70th virus-related death since the start of the pandemic. As of today, Nova Scotia has 1,464 active cases of COVID-19, with 50 people in hospital, including nine in intensive care. Officials have also announced tighter border restrictions and isolation requirements for rotational workers, and limits on shoppers for the month of May Nova Scotia's provincial boundary has been closed to most of Canada, but will also close beginning Monday to people coming from Prince Edward Island and Newfoundland and Labrador, who were previously exempted. --- 12:50 p.m. Ottawa is making more rapid COVID-19 tests available to small and medium-sized businesses. Tests that screen for the virus in as little as 15 minutes can be ordered from 40 Shopper's Drug Mart locations in Ontario and the Canadian Chamber of Commerce's network. Prime Minister Justin Trudeau says more screening and testing mean safer workplaces and less community transmission, which will help the economy reopen faster. --- 12:45 p.m. Manitoba Premier Brian Pallister has backed off a plan to have teachers and other school workers cross the border into North Dakota for COVID-19 vaccines. Pallister says the teachers' union was against the idea, so he is instead hoping the United States government will give North Dakota special permission to ship vaccines into Manitoba. Pallister says that could take time, and the delay is why he wanted the ability to have teachers go south for their shots. --- 12 p.m. The Manitoba government is doubling fines for repeat offenders of COVID-19 public health orders. Premier Brian Pallister says most people are following the rules, but some are repeatedly violating guidelines and putting others at risk. Fines for first offences will still be in the range of $298 for not wearing a mask in indoor public places to $5,000 for corporations that exceed capacity limits. --- 11:50 a.m. The Manitoba government is offering a new paid sick leave program for people affected by COVID-19. The program will provide employers with up to $600 per worker for up to five full days, which do not have to be consecutive. Eligible reasons for accessing the program include testing, vaccinations and side effects, and self-isolation due to COVID-19 symptoms. --- 11:15 a.m. Quebec is reporting 919 new COVID-19 cases today and five more deaths attributed to the virus, including two in the past 24 hours. Health officials say hospitalizations dropped by six to 574, while the number of patients in intensive care declined by five to 139. Quebec vaccinated 102,762 people on Thursday, a single-day record, and has now administered at least one dose to slightly more than 40 per cent of the population. The province has reported a total of 356,216 COVID-19 infections and 10,974 deaths linked to the virus. Quebec has 8,737 active reported cases. --- 10:50 a.m. Nunavut is reporting one new case of COVID-19 today and 10 recoveries. All are in Iqaluit, Nunavut's capital city of about 8,000 residents. There are now 77 active cases of COVID-19 in Nunavut, with 75 in Iqaluit and two in Kinngait Three people have been hospitalized in Ottawa since the first case was declared in Iqaluit on April 14. The two regions with active cases remain under strict lockdowns, with schools, workplaces and non-essential businesses closed and travel restricted. To date, 80 per cent of Iqaluit's adult population has received at least one dose of Moderna's COVID-19 vaccine. --- 10:45 a.m. Ontario reports there are 3,166 new cases of COVID-19 in the province today and 23 more deaths linked to the virus. The Ministry of Health says today’s case count may be under-reported due to a technical issue with the laboratory data feed. Health Minister Christine Elliott says there are 876 new cases in Toronto, 817 in Peel Region, and 300 in York Region. The province says more than 1,900 people are hospitalized because of the virus, with 858 patients in intensive care and 611 on a ventilator. --- This report by The Canadian Press was first published May 7, 2021 The Canadian Press
Billionaire businessman Elon Musk will host this weekend's episode of Saturday Night Live. Dogecoin is extremely popular right now and has a strong fanbase. Since then, the digital currency has become anything but a joke.
Amazon.com lost a tussle on Friday over whether it could learn the names of witnesses before they testify at a hearing investigating claims that the company illegally interfered with a vote on unionizing an Alabama facility. The Retail, Wholesale and Department Store Union asked the National Labor Relations Board to set aside the vote because Amazon allegedly interfered by threatening layoffs or closure of the facility if the union won. Harry Johnson, a lawyer who spoke for Amazon at the first day of the hearing on Friday, said it would be a "trial by ambush" if his side did not know who would speak before each session.
Transport secretary Grant Shapps called the list ‘necessarily cautious’
EW staff breakdown those shows, plus Netflix's new superhero series Jupiter's Legacy.
CLEVELAND — Cincinnati Reds first baseman Joey Votto was placed on the 10-day injured list Friday with a broken left thumb that could sideline him for a month. Votto was struck on the thumb with a pitch by Chicago's Dallas Keuchel on Wednesday. Votto is not expected to need surgery, but the team expects him to be out at least three weeks and maybe more. The 37-year-old is batting .226 with five homers and 17 RBIs. He batted .286 and hit his 300th career home run on Reds' recently completed homestand. The Reds also reinstated outfielder Shogo Akiyama from the 10-day injured list. He had been out with a hamstring injury he sustained while running out a ground ball March 13, his last spring training appearance. ___ More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports The Associated Press
Party has lost touch with working-class voters over past decade, says MP
TULSA, Oka., May 07, 2021 (GLOBE NEWSWIRE) -- Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today announced it has retained Three Part Advisors, LLC, a rapidly growing, full-service investor relations ("IR") consulting firm. Three Part Advisors, LLC will work directly with management of the Company to develop and execute a comprehensive, strategic investor relations program that focuses on educating investors and increasing exposure within the investment community. In addition to providing investor relations consulting services, Three Part Advisors, LLC also produces IDEAS Conferences, which are annual independent regional investor conferences that attract more than 150 quality presenting companies and more than 1,000 investors and analysts. "We believe Three Part Advisors will be instrumental in proactively increasing investor awareness and educating investors about the significant opportunities that lie ahead for our Company," said Randall White, Chief Executive Officer of Educational Development Corporation. "Three Part Advisors employs seasoned Wall Street and investor relations professionals and has an excellent reputation for implementing successful IR programs." "We are excited to work with Educational Development Corporation on its investor relations program," said Steven Hooser, Partner at Three Part Advisors, LLC. "This is an opportune time to introduce its compelling investment story to a broad range of targeted prospective investors. We believe EDC’s growth initiatives, equity return profile and strong balance sheet present a tremendous opportunity for new investors, which makes the Company a prime candidate for our strategic investor outreach and financial communications program.” About Educational Development Corporation (EDC) EDC is a publishing company specializing in books for children. EDC is the exclusive United States trade co-publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (“Usborne”) and we also exclusively publish books through our ownership of Kane Miller Book Publisher (“Kane Miller”); both international award-winning publishers of children’s books. EDC’s current catalog contains over 2,000 titles, with new additions semi-annually. Both Usborne and Kane Miller products are sold via 4,000 retail outlets and by independent consultants, who hold book showings in individual homes, book fairs with school and public libraries as well as sales over the internet. About Three Part Advisors, LLCThree Part Advisors, LLC is a leading full-service strategic investor relations advisory firm. The firm’s programs are designed to help plan, execute and track the key activities that will allow clients to achieve their investor relations goals. Annually the firm produces three IDEAS investor conferences (www.ideasconferences.com), which are unique events sponsored by money management firms that collectively manage more than $150 billion in assets. Unbiased by investment banking fees and/or trading commissions, the firm's IDEAS Conferences have a proven track record built solely on the premise of generating good IDEAS that will outperform over time. Three Part Advisors’ wholly owned subsidiary, Briley Design Group (BDG) has been developing creative design solutions that solve communications challenges for four decades. BDG has built a solid reputation for providing exceptional graphic design solutions for branding, marketing, communications and advertising. More information is available at www.threepa.com. Cautionary Statement for the Purpose of the “Safe Harbor” Provision of the Private Securities Litigation Reform Act of 1995. The information discussed in this Press Release includes “forward-looking statements.” These forward-looking statements are identified by their use of terms and phrases such as “may,” “expect,” “estimate,” “project,” “plan,” “believe,” “intend,” “achievable,” “anticipate,” “continue,” “potential,” “should,” “could,” and similar terms and phrases. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and we can give no assurance that such expectations or assumptions will be achieved. Known and unknown risks, uncertainties and other factors may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, our success in recruiting and retaining new consultants, our ability to locate and procure desired books, our ability to ship the volume of orders that are received without creating backlogs, our ability to obtain adequate financing for working capital and capital expenditures, economic and competitive conditions, regulatory changes and other uncertainties, as well as those factors discussed in our Annual Report on Form 10-K for the year ended February 29, 2020, all of which are difficult to predict. In light of these risks, uncertainties and assumptions, the forward-looking events discussed may not occur. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements in this paragraph and elsewhere in our Annual Report on Form 10-K for the year ended February 29, 2020 and speak only as of the date of this Press Release. Other than as required under the securities laws, we do not assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise. Contacts:Educational Development CorporationRandall White(918) 622-4522 Three Part Advisors, LLCSteven Hooser, Partner(214) 872-2710
Delivery of Brexit and vaccine rollout were keys to victory, suggests PM