Sir Anthony Ritossa's 13th Global Family Office Investment Summit Convenes in Dubai as a History-Making Event
DUBAI, UAE, Dec. 31, 2020 /PRNewswire/ -- Dubai is on center stage once again as 250 prestigious family offices, private investors, Sheikhs, Royal Families and leading businesses from 30+ countries gathered for the 13th Global Family Office Investment Summit hosted by Sir Anthony Ritossa under the High Patronage of H.H. Sheikh Saqer Bin Mohamed Al Qasimi, a member of the Ruling Family of Sharjah and Ras Al Khaimah from the United Arab Emirates who has dedicated $70 million to fund new start-ups.
Wize Pharma and Cosmos Capital enter into Bid Implementation Agreement
HOD HASHARON, Israel, and SYDNEY, Dec. 30, 2020 /PRNewswire/ -- Wize Pharma, Inc. (OTCQB: WIZP), a clinical-stage biopharmaceutical company focused on the treatment of ophthalmic disorders, and Cosmos Capital Limited, a leading digital infrastructure provider based in Sydney, Australia, today announced that they have entered into a bid implementation agreement ("BIA"), whereby Wize has agreed to make an off-market takeover offer to acquire all of the outstanding shares of Cosmos, subject to satisfaction of various closing conditions set forth in the BIA, resulting in Cosmos becoming a wholly-owned subsidiary of Wize.
Bitcoin Association launches online education platform Bitcoin SV Academy
ZUG, Switzerland, Dec. 29, 2020 /PRNewswire/ -- Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces the official launch of Bitcoin SV Academy - a dedicated online education platform for Bitcoin, offering academia-quality, university-style courses and learning materials.
Voyager Digital Announces Listing of the Terra (LUNA) Token
- Voyager Customers Now have the Ability to Buy and Trade LUNA Directly with USD - CSE: VYGROTCQB: VYGVFBorse Frankfurt: UCD2 NEW YORK, Jan. 19, 2021 /CNW/ - Voyager Digital Ltd. ("Voyager" or the "Company") (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly-traded, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, today announced the listing of the Terra (LUNA) Token on the Voyager platform, expanding Voyager's industry-leading offering to 57 digital assets. "By adding the LUNA Token to the Voyager platform, our U.S. customers will now have one of the first direct fiat-to-crypto on-ramps available on mobile devices," said Steve Ehrlich, Co-founder and CEO of Voyager. "Our commission-free agency broker platform is quickly becoming the most trusted and transparent vehicle for investors to buy, trade and hold digital assets. We will continue to enhance our customer-centric platform with additional offerings including debit and credit cards, margin and the listing of other digital assets." Terra LUNA is a next-generation smart contract platform and programmable money for the internet. Terra's platform supports stablecoins that offer instant settlements, low fees and seamless cross-border exchange, and are loved by millions of users and merchants. "Both Terra and Voyager are making crypto and blockchain more accessible for mainstream adoption," added Terra Co-Founder and CEO, Do Kwon. "Terra's focus on merchant and payment adoption will be pushing the future forward on blockchain-powered digital payments. We're excited to be partnered with Voyager, availing the power of LUNA to the masses." For more information on Voyager Digital, please visit https://www.investvoyager.com. The Voyager app is available for Android and iPhone. About Voyager Digital Ltd. Voyager Digital Ltd. is a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers customers best execution and safe custody on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information and to review the latest Corporate Presentation. About TerraTerra's stablecoin ecosystem aims to make money easier to spend and more attractive to hold for users. Terra is the first (and today the largest by market cap) algorithmic stablecoin protocol in existence, supported by the Terra blockchain's native asset, LUNA. Terra creates stablecoins pegged to the world's major fiat currencies (USD, EUR, CNY, JPY, GBP, KRW, and the IMF SDR) that deploy decentralized monetary supply controls to retain value, generate stable interest, and keep transaction costs low. Terra now has the third highest number of transactions of all blockchains (after BTC and Ethereum) and is generating 13M USD in fees annually. TerraKRW today powers Chai, one of the largest e-commerce wallets in Korea, which hosts over 2 million users and generates $1.2 billion in annualized transaction volume. Investors in Terraform Labs (TFL), the group behind Terra, include Arrington XRP Capital, PolyChain Capital, Binance Labs, Huobi Capital, FBG Capital, and TransLink Capital. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release. Certain information in this press release, including, but not limited to, statements regarding future growth and performance of the business, momentum in the businesses, future adoption of digital assets, and the Company's anticipated results may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as "may," "will," "should," "expect," "anticipate," "project," "estimate," "intend," "continue" or "believe" (or the negatives) or other similar variations. Because of various risks and uncertainties, including those referenced below, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. Forward looking statements are subject to the risk that the global economy, industry, or the Company's businesses and investments do not perform as anticipated, that revenue or expenses estimates may not be met or may be materially less or more than those anticipated, that trading momentum does not continue or the demand for trading solutions declines, customer acquisition does not increase as planned, product and international expansion do not occur as planned and those other risks contained in the Company's public filings, including in its Management Discussion and Analysis and its Annual Information Form (AIF). Factors that could cause actual results of the Company and its businesses to differ materially from those described in such forward-looking statements include, but are not limited to, a decline in the digital asset market or general economic conditions; the failure or delay in the adoption of digital assets and the blockchain ecosystem by institutions; a delay or failure in developing infrastructure for the trading businesses or achieving mandates and gaining traction; failure to grow assets under management, an adverse development with respect to an issuer or party to the transaction or failure to obtain a required regulatory approval. In connection with the forward-looking statements contained in this press release, the Company has made assumptions that no significant events occur outside of the Company's normal course of business and that current trends in respect of digital assets continue. Forward-looking statements, past and present performance and trends are not guarantees of future performance, accordingly, you should not put undue reliance on forward-looking statements, past performance, or current trends. Information identifying assumptions, risks, and uncertainties relating to the Company are contained in its filings with the Canadian securities regulators available at www.sedar.com. The forward-looking statements in this press release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events. Readers are cautioned that past performance is not indicative of future performance and current trends in the business and demand for digital assets may not continue and readers should not put undue reliance on past performance and current trends. All figures are in U.S. dollars unless otherwise noted. View original content to download multimedia:http://www.prnewswire.com/news-releases/voyager-digital-announces-listing-of-the-terra-luna-token-301210547.html SOURCE Voyager Digital (Canada) Ltd.
Approved Oil Company Acquires Original Energy
BROOKLYN, N.Y., Dec. 30, 2020 /PRNewswire/ -- Approved Oil Company today announced the successful completion of its acquisition of Original Energy's - Heating Oil and Service Division. Established in 1928, Original Energy has been delivering heating oil and offering mechanical services to commercial and residential customers throughout New York City.
Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold
MONTRÉAL, Dec. 30, 2020 /CNW Telbec/ - MONARCH GOLD CORPORATION ("Monarch" or the "Corporation") (TSX: MQR) (OTCQX: MRQRF) (FRANKFURT: MR7) announced today that its shareholders (the "Shareholders") and optionholders (collectively with the Shareholders, the "Securityholders") have approved the resolution (the "Arrangement Resolution") authorizing the previously announced plan of arrangement under the Canada Business Corporation Act (the "Arrangement"). Pursuant to the Arrangement, Yamana Gold Corporation ("Yamana") will acquire the Wasamac property and the Camflo property and mill through the acquisition of all of the outstanding common shares of Monarch (other than the common shares already owned by Yamana) for total consideration of approximately C$200 million or C$0.63 per Monarch share on a fully-diluted basis. Under the Arrangement, Monarch will first complete a spin-out to its Shareholders through a newly-formed company, Monarch Mining Corporation ("SpinCo"), which will hold the remaining mineral properties and certain other assets and liabilities of Monarch.
GR Silver Mining and Mako Amend Definitive Agreement date to January 31, 2021
VANCOUVER, BC, Dec. 29, 2020 /CNW/ - GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) ("GR Silver Mining" or the "Company") and Mako Mining Corp. ("Mako" "@MakoMiningCorp") have agreed to amend their Letter of Intent ("LOI") dated December 12, 2019, to extend the date by which they are required to sign a Definitive Agreement to January 31, 2021. Pursuant to the LOI, GR Silver and Mako agreed to negotiate an arm's length transaction whereby GR Silver would acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd from Mako and to enter into a Definitive Agreement on or before December 31, 2020 (News release dated December 17, 2019).
Platinum Equity Completes Sale Of PrimeSource To Clearlake Capital Group
LOS ANGELES, Dec. 31, 2020 /PRNewswire/ -- Platinum Equity announced today that the sale of PriSo Holding Corporation ("PrimeSource", or the "Company") to Clearlake Capital Group, L.P. (together with affiliates, "Clearlake") has been completed. PrimeSource is a leading global distributor of specialty building materials serving residential, commercial, and industrial new-construction and remodeling markets. Founded in 1990, PrimeSource manages a highly diversified global supply chain, distributing over 23,000 SKUs sourced from more than 500 vendors in 16 countries throughout Asia, Europe and North America. The Company plays a crucial role for its customers who rely on its superior brand value, breadth of offering and sourcing and logistics capabilities. Platinum Equity acquired PrimeSource in 2015 from Itochu Corporation. "PrimeSource showcased the breadth of our M&A&O toolkit and the ways Platinum creates value throughout the entire lifecycle of an investment," said Platinum Equity Partner Jacob Kotzubei. "We started by providing a divestiture solution to a large corporate seller, then executed a comprehensive transition and transformation program that established PrimeSource as a solid platform for growth as an independent company. The business thrived under our stewardship, to the benefit of its customers, suppliers, employees and their communities." "PrimeSource has been an outstanding investment and is a testament to our strong partnership with CEO Tom Koos and the leadership team," said Platinum Equity Managing Director Todd Golditch. "Platinum Equity has a proven track record in the building products space over many years and we will continue to look for new opportunities to create value in the sector." Moelis & Company LLC served as financial advisor to PrimeSource on the sale and Gibson, Dunn & Crutcher LLP served as Platinum Equity's legal advisor. Hear Platinum Equity and PrimeSource executives discuss more about the investment and the transformation of the company here: PrimeSource Building Products About Platinum EquityFounded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $23 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 25 years Platinum Equity has completed more than 250 acquisitions. Contacts: Dan Whelan, Platinum Equity(310) 282-9202 firstname.lastname@example.org View original content to download multimedia:http://www.prnewswire.com/news-releases/platinum-equity-completes-sale-of-primesource-to-clearlake-capital-group-301199630.html SOURCE Platinum Equity
HempFusion Virtually Opens The Market
TORONTO, Jan. 22, 2021 /CNW/ - Jason Mitchell, Co-Founder, Director and Chief Executive Officer, HempFusion Wellness Inc. ("HempFusion" or the "Company") (TSX: CBD.U), and his team joined David Chelich, Sector Head, Global Energy and Diversified Industries, TMX Group, to celebrate the Company's ne
AME Roundup Conference Virtually Closes The Market
TORONTO, Jan. 22, 2021 /CNW/ - Kendra Johnston, President & Chief Executive Officer, Association for Mineral Exploration (AME) and her team joined Dean McPherson, Head, Business Development, Global Mining, TMX Group, to celebrate the annual AME Roundup conference and close the market. AME i
Argonaut Gold Announces Major Milestone of Magino Closure Plan Filing
TORONTO, Jan. 21, 2021 /CNW/ - Argonaut Gold Inc. (TSX: AR) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce that the province of Ontario has filed the Closure Plan for the Magino project. Site preparation, such as tree removal and clearing, is expecting to commence imminent
TMX Group, Rover Metals, C-Suite at The Open
TORONTO, Jan. 22, 2021 /CNW/ - Judson Culter, CEO, Rover Metals Corp. (TSXV: ROVR), shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit https://www.tmxmoney.com/en/csuite.html. About Rover Metals Corp. (TSXV: ROVR) Rover Metals Corp. is a natural resource exploration company. Its properties are Up Town Gold Property and Cabin Lake Property. The Up Town Gold Property is a high-grade Archean lode gold prospect adjoining the Giant Mine in Yellowknife, Northwest Territories. The Cabin Lake group of gold exploration properties are located around 110 km northwest of Yellowknife, at the north end of Russell Lake, and approximately 60 km southeast of Fortune Minerals Nicho project and close to the new Tlicho All-Season Road. The Cabin Lake group of properties consist of three areas namely Cabin Lake, Camp Lake, and Slemon Lake. For more information visit: https://www.rovermetals.com/ About TMX Group (TSX: X) TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup. SOURCE TMX Group Limited
ADP Canada National Employment Report: Employment in Canada Decreased by 28,800 Jobs in December 2020
Clean Air Metals Announces a Mineral Resource for the Thunder Bay North Project including a total Indicated Resource of 16,285,396 tonnes at an average grade of 3.5 g/t PdEq containing 1,834,158 ounce
Adwerx, a Leading Provider of Automated Digital Advertising for Real Estate and Financial Services Announces 79% Growth in Customers in 2020, Despite Pandemic