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Flora Growth Corp. Forms Joint Venture with Althea Group Holdings to Create Leading Beverages Brand in U.S. Market
Newsfile· 2024-06-04 13:20
. . . Flora Growth Corp. Forms Joint Venture with Althea Group Holdings to Create Leading Beverages Brand in U.S. Market June 04, 2024 9:20 AM EDT | Source: Flora Growth Corp. Flora and Althea have established Peak USA JV LLC ("Peak USA") - a 50/50 joint venture aiming to capitalize on the beverages market. Each party to the joint venture contributed $250,000 of operating capital. Peak USA will link Flora's U.S.-based CPG team with Althea's Peak Processing Solutions ("Peak"), which is a recognized market le ...
Westport and Volvo Group Announce Closing of the Joint Venture
Prnewswire· 2024-06-03 21:00
Working Together to Accelerate the Commercialization and Global Adoption of Westport's HPDI™ Fuel System Technology for Long-Haul and Off-Road Applications VANCOUVER, BC, June 3, 2024 /PRNewswire/ - Volvo Group ("Volvo") and Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX: WPRT) (Nasdaq: WPRT) today announced the closing and launch of their previously announced joint venture transaction. The joint venture is committed to accelerating the commercialization and global adoption of Westport's HPDI ...
Royale Energy Announces Operations Update on the Permian Basin Joint Development Agreement
GlobeNewswire News Room· 2024-05-30 19:35
SAN DIEGO, May 30, 2024 (GLOBE NEWSWIRE) -- Royale Energy, Inc. (OTCQB: ROYL) is pleased to announce new progress on its Joint Development Agreement (JDA) with Ares Energy LTD, located in the Permian Basin, Texas. This project is a horizontal resource play in the Mississippian interval. Royale and its investors have a 5% Working Interest in the fifth and sixth wells that are in the process of drilling and completing on the 17,000+ net acres project, located in Ector County, Texas. OPERATIONS The Company cur ...
ProSomnus Contributes Two Scientific Abstracts for Presentation at SLEEP 2024, A Joint Meeting of the American Academy of Sleep Medicine and the Sleep Research Society
globenewswire.com· 2024-05-30 10:00
PLEASANTON, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- ProSomnus, Inc. (the "Company"), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy™, announced that it has contributed two scientific abstracts that have been accepted for presentation at SLEEP 2024, a joint meeting of the American Academy of Sleep Medicine and the Sleep Research Society, June 1-5 in Houston, TX. Abstract ID 1262 "Evaluating the Clinical Performance of a Novel, Precision Oral Appliance Therapy Medical Device Made Wholly from a Me ...
Worthington Enterprises Announces Planned Acquisition of Hexagon Ragasco and Sustainable Energy Solutions Joint Venture with Hexagon Composites
globenewswire.com· 2024-05-29 14:56
COLUMBUS, Ohio, May 29, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE: WOR), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the signing of two definitive agreements with Hexagon Composites ASA (OSE: HEX.OL) of Norway. One agreement is to acquire 100 percent of Hexagon Ragasco and a second agreement is to sell 49 percent of Worthington's Sustainability Energy Solutions (SES) business segment to Hexagon Compo ...
CanAlaska Assays Confirm High-Grade Uranium at Pike Zone on West McArthur Joint Venture
newsfilecorp.com· 2024-05-29 11:30
CanAlaska Assays Confirm High-Grade Uranium at Pike Zone on West McArthur Joint Venture May 29, 2024 7:30 AM EDT | Source: CanAlaska Uranium Ltd. Drillhole WMA082-6 Intersected 9.6 metres at 14.9% U3O8 and Drillhole WMA082-4 Intersected 14.5 metres at 9.9% U3O8 Management Attending Investor Clubhouse at the RBC Open June 1, 2024 Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to report that ...
Samsung and Lennox Announce the Establishment of a Joint Venture for Ductless Mini Split, AC, Heat Pump, and Variable Refrigerant Flow HVAC Systems in the United States and Canada
prnewswire.com· 2024-05-28 09:00
New Joint Venture for World-Class Ductless Mini Split, AC, Heat Pump and VRF Solutions DALLAS, May 28, 2024 /PRNewswire/ -- Lennox (NYSE: LII), a leading provider of innovative climate solutions in the HVACR industry, and Samsung, a trusted global brand with 40 years of innovative HVAC technology, are pleased to announce they have signed an agreement forming a joint venture to sell ductless AC and heat pump(mini-split, multi-split, VRF) products in the United States and Canada. The newly established joint v ...
Bladex acts as Joint Lead Arranger for Grupo Sura US$500 million Club Deal facility
prnewswire.com· 2024-05-23 11:00
PANAMA CITY, Republic of Panama, May 23, 2024 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior (Bladex) announced today the successful closing of a US$500 million Club Deal Long Term Facility for Grupo De Inversiones Suramericana, S.A. Bladex acts as Joint Lead Arranger along with BBVA, Itaú, Banco General y Citibank in a landmark transaction in Colombia. The funds from the facility will be used to finance the Public Tender Offer (OPA) launched by Grupo Sura for the acquisition of the remaining sh ...
PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support of PennantPark's Middle Market CLO Platform
globenewswire.com· 2024-05-21 20:40
PSSL will continue to retain the Preferred Shares and Class E-R Notes through a consolidated subsidiary. The maturity of the replacement Debt is now extended to April 2036. The replacement Debt is expected to be approximately 100% funded at close. In addition, PSSL continues to act as retention holder in the transaction to retain exposure to the performance of the securitized assets. Capital One Securities, Inc. acted as the Initial Purchaser and Lead Placement Agent, and GreensLedge Capital Markets LLC act ...
Pyxis Tankers Announces Joint Venture Agreement to Acquire Modern Dry-Bulk Vessel, Expansion of Common Share Repurchase Program & Partial Redemption of Series A Cumulative Convertible Preferred Stock
globenewswire.com· 2024-05-21 12:05
Mr. Eddie Valentis, Chairman and Chief Executive Officer of the Company, commented: "Secondhand values for modern eco-efficient product tankers continue to appreciate unabated. In our opinion, current asset prices are prohibitively high for fleet expansion of our MR's. In our commitment to enhancing shareholder value, we have continued to improve our balance sheet, repurchased common shares and selectively expanded our footprint in the dry-bulk sector. After due consideration, the independent and disinteres ...