Habit Cosmetics is a vegan and sustainably packaged nail polish with a mission to make your nails cute and the environment safer!
Habit Cosmetics is a vegan and sustainably packaged nail polish with a mission to make your nails cute and the environment safer!
Help is on the way for Alaskans struggling to afford broadband. Alaska Communications (NASDAQ: ALSK) will participate in the Emergency Broadband Benefit Program, which will help households struggling financially during the pandemic.
Guidewire Software, the platform P&C insurers trust to engage, innovate, and grow efficiently, announced the latest release of its cloud platform.
The "Polyurethane (PU) Film Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
KELOWNA, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- Allied Corp. ("Allied" or the “Company”) (OTCQB: ALID) an international medical company focused on creating and providing health solutions to address today’s medical mental health issues is pleased to announce that it has sold out of its first harvest production inventory. The demand for Allied’s high quality product has surpassed Allied’s initial supply. In response to this, Allied is swiftly scaling the production in Colombia. Allied has signed the last purchase order from an international buyer that completes the sale of the last volume of production output from Allied’s initial harvest. This news comes as follow up to Allied’s approvals for being able to commercialize its production output as well as approvals to export to two very large international markets. This positive response from the market has enabled Allied to expedite its business plan. Scaling the Colombian Production Center Allied has now prepared the cultivation site and required infrastructure to be able to have the current site operating at full capacity. Allied intends to further expand this to include the additional land surrounding its current location. Due to the advantages that the equatorial climate offers, Allied has adopted a weekly rolling harvest schedule. This presents consistent reliable supply at national level volumes. With the current export approvals, Allied can supply national level quantities to wholesale buyers in several international markets. “Like in any healthy market, good quality product moves very quickly. We have been very purposeful to not expand too quickly but rather match our supply to the market demand. In light of this, we have put resources towards scaling the production footprint in Colombia. 2021 is an exciting year thus far for Allied to say the least.” said Calum Hughes CEO of Allied. About Allied Corp. - https://allied.health/ Allied Corp. is an international heath company with a mission to address today’s medical issues by researching, creating and producing targeted health solutions. Allied Corp. uses an evidence-informed scientific approach to make this mission possible, through cutting-edge pharmaceutical research and development, innovative plant- and mushroom-based development of therapeutic products. Investor Relations:email@example.com Forward-Looking Statements:This press release contains “forward-looking information” within the meaning of applicable securities laws in Canada or “forward-looking statements” made pursuant to the “safe harbour” provisions of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking information”). Forward-looking information may relate to the Company’s future outlook and anticipated events, plans or results, and may include information regarding the Company’s objectives, goals, strategies, future revenue or performance and capital expenditures, and other information that is not historical information. Forward-looking information can often be identified by the use of terminology such as “believe,” “anticipate,” “plan,” “expect,” “pending,” “in process,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions. The forward-looking information contained in this press release is based on the Company’s opinions, estimates and assumptions in light of management’s experience and perception of historical trends, current conditions and expected future developments, as well as other factors that management currently believes are appropriate and reasonable in the circumstances. Forward looking statements in this press release include the following: that Allied is leveraging the conditions in its Colombia grow operation and future Kelowna location to support its Research and Development efforts; that Allied is making important strides forward to position itself as a leader in the medical cannabis space, that Allied intends to make a series of proposed trademark and other intellectual property protection filings, as part of the Company’s Intellectual Property and Pharma Development (IP&PD) Strategy, statements respecting the joint development, manufacturing, and introduction of TACTICAL RELIEF™ branded products, and the use of proceeds from the offering of convertible notes. There can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Risk factors that could cause actual results to differ materially from forward-looking information in this release include: the Company’s exposure to legal and regulatory risk; the effect of the legalization of adult-use cannabis in Canada and Colombia on the medical cannabis industry is unknown and may significantly and negatively affect the Company’s medical cannabis business; that the medical benefits, viability, safety, efficacy, dosing and social acceptance of cannabis are not as currently expected; that adverse changes or developments affecting the Company’s main or planned facilities may have an adverse effect on the Company; that the medical cannabis industry and market may not continue to exist or develop as anticipated or the Company may not be able to succeed in this market; risks related to completion of the greenhouse construction in Colombia, risks related to market competition; risks related to the proposed adult-use cannabis industry and market in Canada and Colombia including the Company’s ability to enter into or compete in such markets; that the Company has a limited operating history and a history of net losses and that it may not achieve or maintain profitability in the future; risks related to the Company’s current or proposed international operations; risks related to future third party strategic alliances or the expansion of currently existing relationships with third parties; that the Company may not be able to successfully identify and execute future acquisitions or dispositions or successfully manage the impacts of such transactions on its operations; risks inherent to the operation of an agricultural business; that the Company may be unable to attract, develop and retain key personnel; risks resulting from significant interruptions to the Company’s access to certain key inputs such as raw materials, electricity, water and other utilities; that the Company may be unable to transport its cannabis products to patients in a safe and efficient manner; risks related to recalls of the Company’s cannabis products or product liability or regulatory claims or actions involving the Company’s cannabis products; risks related to the Company’s reliance on pharmaceutical distributors; that the Company, or the cannabis industry more generally, may receive unfavourable publicity or become subject to negative consumer or investor perception; that certain events or developments in the cannabis industry more generally may impact the Company’s reputation or its relationships with customers or suppliers; that the Company may not be able to obtain adequate insurance coverage in respect of the risks that it faces, that the premiums for such insurance may not continue to be commercially justifiable or that there may be coverage limitations and other exclusions which may result in such insurance not being sufficient; that the Company may become subject to liability arising from fraudulent or illegal activity by its employees, contractors, consultants and others; that the Company may experience breaches of security at its facilities or losses as a result of the theft of its products; risks related to the Company’s information technology systems; that the Company may be unable to sustain its revenue growth and development; that the Company may be unable to expand its operations quickly enough to meet demand or manage its operations beyond their current scale; that the Company may be unable to secure adequate or reliable sources of necessary funding; risks related to, or associated with, the Company’s exposure to reporting requirements; risks related to conflicts of interest; risks related to fluctuations in foreign currency exchange rates; risks related to the Company’s potential exposure to greater-than-anticipated tax liabilities; risks related to the protection and enforcement of the Company’s intellectual property rights, or the intellectual property that it licenses from others; that the Company may become subject to allegations that it or its licensors are in violation of the intellectual property rights of third parties; that the Company may not realize the full benefit of the clinical trials or studies that it participates in; that the Company may not realize the full benefit of its licenses if the licensed material has less market appeal than expected and the licenses may not be profitable; as well as any other risks that may be further described in and the risk factors discussed in the Company's continuous disclosure including its Management's Discussion and Analysis sections in its Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K filed under the Company's profile at www.sec.gov. Although management has attempted to identify important risk factors that could cause actual results to differ materially from those contained in the forward-looking information in this presentation, there may be other risk factors not presently known to the Company or that the Company presently believes are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information in this presentation. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers and viewers should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this release represents the Company’s expectations as of the date of this release or the date indicated, regardless of the time of delivery of the presentation. The Company disclaims any intention, obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
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Britain's Pret A Manger plans to open its sandwich and coffee shops within Tesco stores as it re-invents its business model after the coronavirus pandemic, which hammered its sales. Pret has suffered as many of its 389 stores are located on high streets, at transport hubs and close to offices that are still below pre-pandemic levels in terms of footfall and occupancy. As people now begin to return to work in Britain, Pret, which is owned by investment group JAB Holdings, said it will initially open a shop in Tesco's Kensington store in central London in June with three further summer openings planned .
Lauren Lyle will play the fictional detective.
Andrew Dymock allegedly promoted the extremist group System Resistance Network through a Twitter account before it was banned.
SurePeople, an HR and work tech platform powered by data science and people analytics, announced that it promoted Demetra Anagnostopoulos to co-CEO.
CrushGlobal founder Kristin Braswell is helping travelers discover Black-owned and female-owned businesses all over the US with new road trip guides.
GAZA CITY, Gaza Strip (AP) — Israel unleashed new airstrikes on Gaza early Tuesday, hitting a pair of high-rise buildings believed to be housing militants, as Hamas and other armed groups bombarded southern Israel with hundreds of rockets. The escalation was sparked by weeks of tensions in contested Jerusalem. Since sundown Monday, 26 Palestinians — including nine children and a woman— were killed in Gaza, most by airstrikes, Gaza health officials said. The Israeli military said at least 16 of the dead were militants. During the same period, Gaza militants fired hundreds of rockets toward Israel, killing two Israeli civilians and wounding 10 others. In a further sign of rising tensions, Israel signaled it is widening its military campaign. The military said it is sending troop reinforcements to the Gaza border and the defense minister ordered the mobilization of 5,000 reserve soldiers. But, in a potentially positive sign, officials said Egypt was working on brokering a cease-fire. The barrage of rockets and airstrikes was preceded by hours of clashes between Palestinians and Israeli security forces, including dramatic confrontations at Jerusalem’s Al-Aqsa Mosque compound, a sacred site to both Jews and Muslims. The current violence, like previous rounds, including the last intifada, or uprising, has been fueled by conflicting claims over Jerusalem, which is at the emotional core of the long conflict. In a sign of widening unrest, hundreds of residents of Arab communities across Israel staged overnight demonstrations — denouncing the recent actions of Israeli security forces against Palestinians. It was one of the largest protests by Palestinian citizens in Israel in recent years. Israel and Hamas, an Islamic militant group that seeks Israel’s destruction, have fought three wars and numerous skirmishes since Hamas seized control of Gaza in 2007. Recent rounds of fighting have usually ended after a few days, often helped by behind-the-scenes mediation by Qatar, Egypt and others. An Egyptian official confirmed that the country was trying to broker a truce. But the official, speaking on condition of anonymity because he was discussing sensitive diplomacy, said Israeli actions in Jerusalem had complicated those efforts. A Palestinian security official, also speaking on condition of anonymity, confirmed the cease-fire efforts. Israeli Prime Minister Benjamin Netanyahu, meanwhile, has warned that fighting could “continue for some time.” Lt. Col. Jonathan Conricus, an Israeli military spokesman, told reporters Tuesday that the military was in “the early stages” of strikes against Gaza targets that it had planned well in advance. Israel carried out dozens of airstrikes, including two that targeted high-rise buildings where militants were believed to be hiding. At midday, an airstrike hit an apartment building in central Gaza City. Local media said an unknown number of militants had been killed. But the force of the blast sent terrified residents, including women and children who were barefoot, running into the streets. An earlier airstrike struck a high-rise elsewhere in Gaza City as people were conducting dawn prayers, residents said. Health officials said two men and a woman were killed. The woman’s 19-year-old disabled son was among the dead, residents said. Ashraf al-Kidra, spokesman for the Gaza Health Ministry, said a total of 26 people, including nine children and the woman, were killed and 122 people were wounded. He said Israel's “relentless assault” was overwhelming the health care system, which has been struggling with a COVID-19 outbreak. The escalation comes at a time of political limbo in Israel. Netanyahu has been acting as a caretaker prime minister since an inconclusive parliamentary election in March. He tried and failed to form a coalition government with his hard-line and ultra-Orthodox allies, and the task was handed to his political rivals last week. One of those rivals is Israel’s defense minister, who is overseeing the Gaza campaign. It was not clear whether the toxic political atmosphere is spilling over into military decision-making, though the rival camps have unanimously expressed support for striking Hamas hard. The support of an Arab-backed party with Islamist roots is key for the anti-Netanyahu bloc’s efforts. But the current tensions might deter the party’s leader, Mansour Abbas, from joining a coalition for now. The sides have three more weeks to reach a deal. The current round of violence in Jerusalem coincided with the start of the Muslim fasting month of Ramadan in mid-April. Critics say heavy-handed police measures helped stoke nightly unrest, including a decision to temporarily seal off a popular gathering spot where Palestinian residents would meet after evening prayers. Another flashpoint was the Jerusalem neighborhood of Sheikh Jarrah, where dozens of Palestinians are under treat of eviction by Jewish settlers. Over the weekend, confrontations erupted at the Al-Aqsa Mosque compound, which is the third holiest site of Islam and the holiest site in Judaism. Over several days, Israel police fired tear gas, stun grenades and rubber bullets at Palestinians in the compound who hurled stones and chairs. At times, police fired stun grenades into the carpeted mosque. On Monday evening, Hamas began firing rockets from Gaza, setting off air raid sirens as far as Jerusalem. From there on, the escalation was rapid. Conricus, the army spokesman, said Gaza militants fired more than 250 rockets at Israel, with about one-third falling short and landing in Gaza. The army said that a rocket landed a direct hit on a seven-story apartment block in the coastal Israeli city of Ashkelon. Israeli paramedic service Magen David Adom said it treated six people injured in the rocket strike. Two were hospitalized in moderate condition. Later, a second building in the city of Ashdod was hit, lightly wounding four people, Israeli police said. Conricus said the military hit 130 targets in Gaza, including two tunnels militants were digging under the border with Israel. He said Israel’s new system of concrete barriers and electronic sensors, intended to thwart tunnel digging, has proven effective. He did not address Gaza Health Ministry reports about the dead children. In Gaza, most of the deaths were attributed to airstrikes. However, seven of the deaths were members of a single family, including three children, who died in an explosion in the northern Gaza town of Beit Hanoun. It was not clear if the blast was caused by an Israeli airstrike or errant rocket. Dozens of mourners took part in the funeral of Hussein Hamad, an 11-year-old boy who was among the dead. More than 100 Gazans were wounded in the airstrikes, the Health Ministry said. Israel struck scores of Gaza homes in its 2014 war with Hamas, arguing it was aiming at militants, but also killing many civilians. The practice drew broad international condemnation at the time. Israel’s tactics in Jerusalem have drawn angry reactions from the Muslim world. Regional power house Saudi Arabia on Monday condemned in the strongest terms what it said were attacks by Israeli forces against the sanctity of Al-Aqsa and the safety of its worshippers. The Saudi Foreign Ministry called Tuesday on the international community to hold Israeli forces responsible for any escalation. ___ Laub reported from the West Bank. Associated Press writer Ilan Ben Zion contributed from Jerusalem. Fares Akram And Karin Laub, The Associated Press
Demonstrators took part in marches, motorcycle convoys and flash protests to evade security forces, some making three-finger gestures of defiance as anti-coup groups renewed calls for the toppling of a junta condemned around the world for killing hundreds of civilians. The junta has struggled to govern Myanmar since seizing power on Feb. 1, with protests, strikes and a civil disobedience campaign crippling businesses and the bureaucracy, in an overwhelming public rejection of the return of military rule.
Dublin, May 11, 2021 (GLOBE NEWSWIRE) -- The "Mineral Cosmetics - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Mineral Cosmetics estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$4.4 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Face, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lip segment is readjusted to a revised 5.3% CAGR for the next 7-year period.The U.S. Market is Estimated at $834.3 Million, While China is Forecast to Grow at 8.2% CAGRThe Mineral Cosmetics market in the U.S. is estimated at US$834.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$926.4 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.Eye Segment to Record 5.1% CAGRIn the global Eye segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$464.2 Million in the year 2020 will reach a projected size of US$645.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$592.6 Million by the year 2027, while Latin America will expand at a 5.6% CAGR through the analysis period.Select Competitors (Total 40 Featured): AHAVABASF SEBWXCover FXEstee Lauder CompaniesEveryday MineralsGlo Skin BeautyIredale Cosmetics, Inc.L'Oreal ParisLust MineralsMerck KGaAMineral FusionMineralissima Mineral MakeupPinnacle CosmeticsRJ Mineral CosmeticsSouthern Magnolia Mineral CosmeticsYoungblood Mineral Cosmetics Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Influencer Market InsightsWorld Market TrajectoriesImpact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVEIII. MARKET ANALYSIS UNITED STATESCANADAJAPANCHINAEUROPEFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEASIA-PACIFICAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICA IV. COMPETITION Total Companies Profiled: 40 For more information about this report visit https://www.researchandmarkets.com/r/l3x2xw CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Almost every morning for the last two decades, Juliet has appeared. She swoops onto the zoo enclosure where macaws are kept and, through its fence, engages in grooming behavior that looks like conjugal canoodling.
NAXOS, Greece (AP) — A vaccination program for Greek islands is being accelerated to cover all local residents by the end of June, the government announced Tuesday ahead of the launch of the tourism season. Prime Minister Kyriakos Mitsotakis said a nationwide priority system for age groups and medical vulnerability was being waived for permanent residents of nearly 100 islands. “This initiative is aimed at supporting local island communities and their economy and it also aspires to send a positive overall message for our tourism,” Mitsotakis said. Greece is fighting to revive its key tourism sector that was battered by the pandemic in 2020 but its vaccination rates remain below the European Union average and the country has only recently stabilized a surge in cases. Islanders make up around 1.5 million of Greece’s population of 10.7 million. Many holiday islands have a year-round population of under 10,000, while Crete has the largest with more than 600,000 residents, followed by Evia, Rhodes, Corfu, Lesbos, and Chios. The tourism season will officially start Friday. The Associated Press
PARIS (AP) — Paris Saint-Germain midfielder Marco Verratti will miss the rest of the season because of a right knee injury, the French club said Tuesday. The Italian will be sidelined for four-to-six weeks, possibly forcing him to also miss the European Championship. Italy's opening match at Euro 2020 is scheduled for June 11 in Rome against Turkey. Verratti picked up the injury during training last week and did not play in PSG's 1-1 draw with Rennes on Sunday in the French league. With two matches remaining, PSG trails league leader Lille by three points. PSG, which has also been eliminated from the Champions League, remains in the French Cup and will take on Montpellier in the semifinals this week. ___ More AP soccer: https://apnews.com/hub/Soccer and https://twitter.com/AP_Sports The Associated Press
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce the following updates to its operations, and research and development initiatives. Mining and Carbon Sciences The company has signed a five-year lease for an 8800 square foot facility at 107 Manitou Drive Kitchener, Ontario commencing August 1st 2021. The new location will be home to Saint Jean’s pilot plant to develop environmentally friendly and sustainable mineral separation processes for mining and carbon sciences customers. In this facility, Saint Jean will optimize the air classification techniques for various types of graphite ore bodies. The engineering work to optimize the air classification process has commenced utilizing computational fluid dynamics tools. The predictions from the engineering simulations will reduce lead time to develop the processes for high purity refinement of graphite for energy storage applications. In addition, this plant will house existing equipment consisting of primary and secondary crushing equipment, flotation processes, and jet milling machinery. Solid Ultrabattery Acquisition Subsequent to the TSX approval of the Solid Ultrabattery acquisition, Saint Jean has now initiated a search for a suitable location to house its new battery R&D and prototype facility. On April 26th, 2021, Saint Jean engaged the services of ARC Engineering Inc to perform preliminary site assessments of several potential locations as it relates to permitting and commercial scale manufacturing operations. A decision to move forward with a lease will be announced shortly. As Saint Jean prepares for commissioning its new battery R&D and prototype fabrication facility, the necessary long lead battery prototype equipment is currently being sourced. This equipment will be required to fabricate small batch runs of battery electrolyte and perform assembly of pouch cells that will be used for development and testing. Research and Development Collaborations with AcademiaOn Feb 1st 2021, Saint Jean signed a contract research agreement with the University of Western Ontario (UWO) to further develop advanced graphene-based products with special luminescent properties for a DNA biosensor. The continuation of this research is in the late stages of a multi year effort with Western to commercialize graphene based sensing products. Dr. Jin Zhang, a leading researcher at UWO quotes: "This project is to develop a portable sensor using advanced luminescent graphene-based nanostructures for quickly evaluating single-strand DNA. This advanced, cost-effective, and user-friendly DNA sensor can be utilized in a wide array of applications ranging from early-stage disease diagnosis in medicine; to the food industry." About Saint Jean CarbonSaint Jean is a publicly traded carbon science company, with specific interests in energy storage and green energy creation and green mining methods, with holdings in mining claims in the province of British Columbia in Canada. For the latest information on Saint Jean’s properties and news please refer to the website: http://www.saintjeancarbon.com/ On behalf of the Board of Directors Saint Jean Carbon Inc.William Pfaffenberger, Chairman of the Board and President Information Contact:Email: email@example.comTel: (250) 381-6181 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Saint Jean’s business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as ‘‘plans’’, ‘‘expects’’ or ‘‘does not expect’’, “intends” ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, “forecasts’’, ‘‘anticipates’’ or variations of such words and phrases or state that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘might’’ or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’. These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Although Saint Jean believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that these expectations will prove to be correct. Such statements include statements with respect to: (i) completion of the Acquisition; (ii) the approval by the TSX-V of the Private Placement; (iii) completion of the Private Placement; and (iv) the Company’s intention to use the proceeds of the Private Placement to fund its working capital in connection with the Acquisition for the next six-month period. Statements of past performance should not be construed as an indication of future performance. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors, including those discussed above, could cause actual results to differ materially from the results discussed in the forward-looking statements. Any such forward-looking statements are expressly qualified in their entirety by this cautionary statement. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Saint Jean assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities legislation.
OTTAWA, May 11, 2021 (GLOBE NEWSWIRE) -- HEXO Corp. (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue and sell up to C$150,000,000 (or its U.S. dollar equivalent) of common shares in the capital of the Company (the “Common Shares”) from treasury to the public, from time to time, at the Company’s discretion. All Common Shares sold under the ATM Program will be made through “at‑the‑market distributions” as defined in the Canadian Securities Administrators’ National Instrument 44‑102 ‑ Shelf Distributions, including sales made through the Toronto Stock Exchange (the “TSX”), the New York Stock Exchange (the “NYSE”), or any other recognized marketplace on which the Common Shares are listed, quoted or otherwise traded in Canada and the United States. Distributions of the Common Shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement dated May 11, 2021 (the “Distribution Agreement”) entered into among the Company, A.G.P./Alliance Global Partners and BMO Capital Markets Corp., as U.S. agents, and BMO Nesbitt Burns Inc., as Canadian agent (collectively, the “Agents“). The volume and timing of distributions under the ATM Program, if any, will be determined in the Company’s sole discretion. The Common Shares will be distributed at the market prices prevailing at the time of each sale and, as a result, prices may vary as between purchasers and during the period of the ATM Program. The ATM Program will be effective until the earlier of the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program and June 7, 2023, unless terminated prior to such date by the Company or the Agents in accordance with the terms of the Distribution Agreement. The Company expects to use the net proceeds from the ATM Program for general corporate purposes, which may include: (i) costs associated with the Company’s U.S. expansion plans including the contemplated acquisition of a facility in the State of Colorado and its subsequent retrofitting and improvement; (ii) capital expenditures, including potential capital expenditures to make additional improvements to the production lines at the Company’s Belleville, Ontario facility; (iii) potential future acquisitions; (iv) working capital, including replenishing existing cash resources and working capital which will be used to fund certain transaction and integration costs and minimum debt repayments related to the Company’s proposed acquisition of Zenabis Global Inc. (“Zenabis”); and (v) repayment of additional debts owed by Zenabis following the completion of the Zenabis acquisition. The offering of Common Shares under the ATM Program is qualified by a prospectus supplement dated May 11, 2021 (the ”Prospectus Supplement”) to the Company’s Canadian short form base shelf prospectus dated May 7, 2021 (the ”Base Shelf Prospectus“), each filed with the securities commissions in each of the provinces and territories of Canada, and a prospectus supplement dated May 11, 2021 (the ”U.S. Prospectus Supplement“) to the Company’s U.S. base shelf prospectus (the ”U.S. Base Prospectus“) included in its registration statement on Form F-10 (the ”Registration Statement“) (File No. 333-255264) filed with the United States Securities and Exchange Commission on May 10, 2021. The Distribution Agreement, the Prospectus Supplement and the Base Shelf Prospectus are available on the SEDAR website maintained by the Canadian Securities Administrators at www.sedar.com, and the Distribution Agreement, U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement are available on EDGAR at the SEC’s website at www.sec.gov. Alternatively, the Agents will send copies of the Prospectus Supplement and the Base Shelf Prospectus or the U.S. Prospectus Supplement and the U.S. Base Prospectus, as applicable, upon request by contacting in the U.S.: A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at firstname.lastname@example.org orBMO Capital Markets Corp. (Attention: Equity Syndicate Department), 3 Times Square, New York, NY 10036, or by telephone at (800) 414‑3627, or by email: email@example.com;or in Canada:BMO Nesbitt Burns Inc., (Attention: BMO Capital Markets, Brampton Distribution Centre C/O The Data Group of Companies), 9195 Torbram Road, Brampton, Ontario, L6S 6H2, or by telephone at (905) 791-3151, or by email: firstname.lastname@example.org. No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release is for information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Common Shares, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About HEXO (TSX: HEXO; NYSE: HEXO) HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. The Company serves the Canadian adult-use markets under its HEXO, HEXO Plus, Up, Original Stash and Bake Sale brands and the medical market under HEXO medical cannabis. For more information, please visit hexocorp.com. Forward Looking Statements This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (“forward-looking statements”), including statements regarding the aggregate value of Common Shares which may be issued pursuant to the ATM Program and the Company’s expected use of the net proceeds from the ATM Program, if any. Forward-looking statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors that could cause actual events, results, performance and achievements to differ materially from those anticipated in these forward-looking statements, including that the Company’s use of proceeds of the ATM Program may differ from those indicated. Forward-looking statements should not be read as guarantees of future performance or results. For additional information with respect to certain of these expectations, assumptions, risks, uncertainties and other factors, and risk factors relating to the Company and the Common Shares, reference should be made to the Prospectus Supplement and the Base Shelf Prospectus or the U.S. Prospectus Supplement and the U.S. Base Prospectus, as applicable, the Company’s annual information form dated October 29, 2020 and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements as a result of new information or future events, or for any other reason. Investor Relations: invest@HEXO.com www.hexocorp.com Media Relations: (819) 317-0526 email@example.com
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Kenya aims to set up an emissions trading system that will allow companies and other bodies to buy emissions allowances, the finance minister said on Tuesday, as the country strives to limit the release of greenhouse gases. Emissions trading is a pollution control mechanism where a central authority issues a limited number of permits for the release of specific greenhouse gases. Many countries are using a price on carbon to meet climate goals, in the form of a tax or under an emissions trading or cap-and-trade plan where companies or countries face a carbon limit.