Press release – GUWIV http://guwiv.com/ Wed, 31 Aug 2022 05:11:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://guwiv.com/wp-content/uploads/2021/11/guw-150x150.png Press release – GUWIV http://guwiv.com/ 32 32 2022-08-31 | TSXV:AGLD | Press release https://guwiv.com/2022-08-31-tsxvagld-press-release/ Wed, 31 Aug 2022 04:13:13 +0000 https://guwiv.com/2022-08-31-tsxvagld-press-release/ Sydney, Australia–(Newsfile Corp. – August 31, 2022) – Austral Gold Limited (ASX:AGD) (TSXV:AGLD) (the “Company” or “Austral”) would like to inform you that Chelsea Sheridan of Automic Group has been appointed Company Secretary, replacing David Hwang, with immediate effect. Ms. Sheridan joined Automic Group in January 2019 and has assisted Mr. Hwang in his role […]]]>

Sydney, Australia–(Newsfile Corp. – August 31, 2022) – Austral Gold Limited (ASX:AGD) (TSXV:AGLD) (the “Company” or “Austral”) would like to inform you that Chelsea Sheridan of Automic Group has been appointed Company Secretary, replacing David Hwang, with immediate effect.

Ms. Sheridan joined Automic Group in January 2019 and has assisted Mr. Hwang in his role as Corporate Secretary since joining Automic. Ms. Sheridan holds a degree in business administration and is affiliated with the Governance Institute of Australia (GIA).

Mr. Hwang informed the company that he had resigned as company secretary due to his resignation from Automic Group. The Board wishes to thank Mr. Hwang for his service to the Company.

For the purposes of ASX Listing Rule 12.6, the Company wishes to confirm that Ms Sheridan is the person responsible for communications between the Company and ASX, effective immediately.

About Southern Gold

Austral Gold Limited is a gold and silver mining explorer and producer whose strategy is to extend the life of its cash-generating assets in Chile, restart its Casposo mine in Argentina and build a portfolio of assets of quality in Chile, the United States and Argentina organically through exploration. and through acquisitions and strategic partnerships. Austral holds a 100% interest in the Guanaco/Amancaya mining complex in Chile and the Casposo-Manantiales mining complex (currently under care and maintenance) in Argentina, a non-controlling interest in the Rawhide mine in Nevada, USA. United States and a non-controlling interest in the Mercur exploration project in Utah, United States.

Additionally, Austral has an attractive portfolio of exploration projects in Chile’s Paleocene belt (including those acquired through the 2021 acquisition of Revelo Resources Corp), a non-controlling interest in Pampa Metals and a 100% interest in the Pingüino project and a 51% interest in the Sierra Blanca project, both in Santa Cruz, Argentina. Austral Gold Limited is listed on the TSX Venture Exchange (TSXV: AGLD) and the Australian Securities Exchange. (ASX:AGD). For more information, please visit the Austral website at www.australgold.com.

Neither the 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.

Release endorsed by Austral Gold Managing Director Stabro Kasaneva.

For more information, please contact:

Jose Bordogna

Financial director

Austral Gold Limited

Jose.bordogna@australgold.com


+61 466 892 307

Ben Jarvis

Director

Austral Gold Limited

info@australgold.com

+61 413 150 448

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/135484

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2022-08-30 | NDAQ:JZ | Press release https://guwiv.com/2022-08-30-ndaqjz-press-release/ Tue, 30 Aug 2022 20:30:28 +0000 https://guwiv.com/2022-08-30-ndaqjz-press-release/ BEIJING, Aug. 30, 2022 (GLOBE NEWSWIRE) — Jianzhi Education Technology Group Company Limited (the “&CloseCurlyDoubleQuote Company; or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, announced today today closed its initial public offering of 5,000,000 American Depositary Shares (the “ADSs”) at a public offering price of $5.00 per ADS for aggregate […]]]>

BEIJING, Aug. 30, 2022 (GLOBE NEWSWIRE) — Jianzhi Education Technology Group Company Limited (the “&CloseCurlyDoubleQuote Company; or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, announced today today closed its initial public offering of 5,000,000 American Depositary Shares (the “ADSs”) at a public offering price of $5.00 per ADS for aggregate gross proceeds of approximately $25,000,000, assuming that the underwriter does not exercise its over-allotment option to purchase additional ADSs. Each ADS represents two ordinary shares of the Company. The offering closed on August 30, 2022 US Eastern Time and the ADSs began trading on August 26, 2022 US Eastern Time on the Nasdaq Stock Market under the “JZ” symbol.

The Company has granted the subscriber the right to purchase up to an aggregate of 750,000 additional ADSs within 30 days from the date of the final prospectus at the IPO price.

Univest Securities, LLC is acting as bookrunner for this offering. Kirkland & Ellis International LLP, is acting as legal counsel to the Company, and Sidley Austin LLP, is acting as legal counsel to Univest Securities, LLC.

A registration statement on Form F-1 (File No.: 333-257865) relating to the offering, as amended, has been filed with the United States Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on August 25. , 2022 Eastern US time. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, and there will be no sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be illegal. prior to registration or qualification under the securities laws of any such state or territory.

The offering is being made solely by means of a prospectus. The Offering is made solely by means of a prospectus. Copies of the final prospectus relating to the Offering may be obtained, when available, from Univest Securities, LLC, 75 Rockefeller Plaza, Suite 1838, New York, NY 10019, by telephone at +1 212-343- 8888, or by e-mail at info@univest.us. In addition, a copy of the final prospectus may also be obtained through the SEC’s website at www.sec.gov.

About Jianzhi Education Technology Group Company Limited

Based in Beijing and established in 2011, Jianzhi is one of China’s leading digital educational content providers and is committed to developing educational content to meet the massive demand for high-quality professional training resources in China. Jianzhi started its business by providing educational content products and IT services to higher education institutions. Jianzhi also provides products for individual customers. Leveraging its strong capabilities in exclusive professional development training content development and success in consolidating educational content resources within the industry, Jianzhi has succeeded in building a comprehensive and multi-dimensional database of educational content. which offers a wide range of professional development products. Jianzhi integrates proprietary digital educational content into its self-developed e-learning platforms, which are delivered to a wide range of customers through its omnichannel sales system. Jianzhi is also fully committed to the digitization and informatization of China’s education sector. For more information, please visit: www.jianzhi-jiaoyu.com

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking statements” statements pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terminology such as “will ,” “expects,” “anticipates,” “goals,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that do not are not historical facts, including statements about the company’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks are included in the Company’s filings with the SEC All information provided in this press release is as of the date of this press release, and the Company does not undertake to update any forward-looking statements, except as required by applicable law.

For investor and media inquiries, please contact:

Evergreen Consulting Inc.

Ms. Janice Wang, Managing Partner

E-mail: IR@changqingconsulting.com

Phone: +1 470-940-3308 (from the United States)

+86 138-1176-8559 (from China)

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2022-08-29 | NDAQ:AA | Press release https://guwiv.com/2022-08-29-ndaqaa-press-release/ Tue, 30 Aug 2022 03:33:10 +0000 https://guwiv.com/2022-08-29-ndaqaa-press-release/ SINGAPORE, August 29, 2022 /PRNewswire/ — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media company, announced its financial results unaudited for the second quarter of 2022. JOYY’s total revenue in the second quarter of 2022 was US$596.1 millionBIGO’s revenue reaching $502.6 million. In the second […]]]>

SINGAPORE, August 29, 2022 /PRNewswire/ — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media company, announced its financial results unaudited for the second quarter of 2022.

JOYY’s total revenue in the second quarter of 2022 was US$596.1 millionBIGO’s revenue reaching $502.6 million. In the second quarter of 2022, JOYY’s non-GAAP net income[1](excluding YY Live) was $51.5 million with a corresponding non-GAAP net income margin[1] 8.6% (compared to -0.1% over the corresponding period in 2021). BIGO generated $86.3 million in net income with a corresponding net income margin of 17.2% (compared to 3.3% for the corresponding period in 2021). In the second quarter of 2022, JOYY recorded a positive net operating cash flow of $61.7 million.

David Xueling Li, Chairman and CEO of JOYY, said, “Our steady increase in profitability in the second quarter under current market conditions demonstrated the improved efficiency and resilience of our business. We have seen positive results through the continuous iteration of our product features and the cultivation of our user community. , while Bigo Live’s MAU maintained its strong growth momentum, growing 10.6% year-over-year to reach 32.6 million. The current macroeconomic environment has not undermined our proven abilities to seize growth potential in the social entertainment sector, nor our long-term outlook for the industry. . We view current market fluctuations as opportunities to deepen our focus and plan for the future. By continuing to cultivate diverse and premium content, innovating interactive features and hosting tailored local activities, we will further enhance our user experience and ultimately drive the growth of our user community and business. world. We remain committed to driving value for o your users and creators while improving efficiency and building resilience. As we continue to invest in building our long-term capabilities, we firmly believe that JOYY will emerge from the current uncertainties as a more focused and productive company, and that it will be well positioned to capture long-term growth. term and generate sustainable shareholder value. »

Second Quarter 2022 Financial Highlights

  • Net income for the second quarter of 2022 were US$596.1 million.
  • Net income from continuing operations attributable to the majority stake in JOYY for the second quarter of 2022 were $18.7 millioncompared to the net loss of $109.3 million in the second quarter of 2021. The net profit margin for the second quarter of 2022 was 3.1%, compared to a net loss margin of 16.5% in the second quarter of 2021.
  • Non-GAAP net income[1] from continuing operations attributable to controlling interest and ordinary shareholders of JOYY for the second quarter of 2022 was $51.5 millionvs. non-GAAP net loss of $0.5 million in the second quarter of 2021. Non-GAAP net profit margin[1] for the second quarter of 2022 was 8.6%, compared to a non-GAAP net loss margin of 0.1% in the second quarter of 2021.
  • From June 30, 2022JOYY had cash and cash equivalents, restricted cash and cash equivalents, short-term deposits, restricted short-term deposits and short-term investments of US$4,289.2 million. For the second quarter of 2022, net cash inflows from operating activities were $61.7 million.

Second Quarter 2022 Business Highlights

bigo live

Bigo Live continued to focus on product feature innovation and efficient local operations. In the second quarter, Bigo Live’s MAU increased 10.6% year-over-year to 32.6 million, with its MAU in South East Asia and other regions up 18.6%, and MAU in Europe up 8.7%. To help users in the Middle East and some Southeast Asian countries celebrate their Ramadan holiday, Bigo Live launched a series of live events tailored to local traditions, including cooking sessions, quizzes and singing competitions, and invited celebrities and local influencers to demonstrate the unique cultural traditions of their regions. Bigo Live’s new “Community” feature, which was launched last quarter, continued to help diversify content and improve user engagement in the BAR channel. Average BAR views per user and video content volume increased sequentially by 14.1% and 7.3%, respectively. Bigo Live also updated its “Virtual Live” feature to enable a trendier live streaming experience for its users, significantly increasing the number of users and cumulative time spent on Virtual Live sessions compared to the previous quarter.

I like

In mid-June, Likee launched a new feature called “Loop” in the United States and Europe. Loop is a community feature that connects users with similar interests. Soon after the launch of Loop, the anime community had shared over 6 million episodes of video content, and over 50% of users in the anime community were following each other. Likee also achieved steady improvements in user engagement and loyalty, with the average time spent on Likee per user increasing sequentially by 10.2% globally and 22.7% in regions where Loop was introduced . During the second quarter, in addition to launching various localized campaigns, Likee partnered with four charities in the Middle East and South Asia to launch an interregional donation campaign. More than 200,000 users participated in the “Ramadan” campaign by logging into Likee and collecting “energy points”, which were then converted into monetary donations made by Likee through local charities.

hago

In the second quarter, Hago’s live streaming revenue grew 7.1% year-over-year, and its number of paying users increased 12.8% over the same period. As Hago continued to optimize its content recommendation algorithm, user engagement improved, as evidenced by a sequential increase in its featured channel penetration rate of 1.8%. During the quarter, Hago focused on updating its new “3D Hago space” feature. Hago introduced more localized makeup, costumes, and props, allowing users to customize their 3D avatars to suit their personal and cultural preferences. Additional interactive elements and 3D virtual scenes were also launched, both of which were well received by Hago users, stimulating Hago Space 14.9% next day user retention rate on a quarterly basis.

About JOYY Inc.

JOYY is a leading global social media company that enables users to interact with each other in real time through online live media. With a mission to connect people and enrich their lives through video, JOYY currently operates several social products, including Bigo Live for live streaming, Likee for short videos, Hago for multiplayer social media, a product of instant messaging, etc. The company has created a very engaging and vibrant user community for users around the world. JOYY was listed on NASDAQ in November 2012.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “will”, “expect”, “anticipate” , “future”, “intends”, “plans”, “believes”, “estimates” and similar statements. Among other things, the business outlook and management quotes in this announcement, as well as JOYY’s strategic and operating plans, contain forward-looking statements. JOYY may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its leaders. , directors or employees to third parties. Statements that are not historical facts, including statements about JOYY’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including, but not limited to, the following: JOYY’s objectives and strategies; the future business development, results of operations and financial condition of JOYY; the expected growth of the global market for online social communication platforms; the expectation regarding the rate at which to gain active users, particularly paying users; JOYY’s ability to monetize the user base; fluctuations in general economic and business conditions; the impact of COVID-19 on JOYY’s business operations and the global economy; and assumptions underlying or relating to any of the foregoing. Further information regarding these and other risks is included in JOYY’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and JOYY undertakes no obligation to update any forward-looking statements except as required by applicable law.

Contact with Investor Relations:

JOYY Inc.

Jane Xie/Maggie Yan

Email: joyy-ir@joyy.com

ICR, LLC

Robin Yang

Tel: (+1) 646 915-1611

Email: joyy@icrinc.com

[1]. For further details on non-GAAP measures, including reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Announces Unaudited Second Quarter 2022 Financial Results” published by the company on August 30, 2022.

(PRNewsfoto/JOYY Inc)

Quote Show original content to download multimedia:https://www.prnewswire.com/news-releases/joyy-reports-second-quarter-2022-results-improving-profitability-and-continuing-user-centric-innovation-301614234.html

SOURCE JOYY inc.

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Turkey: press release regarding developments in Libya https://guwiv.com/turkey-press-release-regarding-developments-in-libya/ Sun, 28 Aug 2022 08:25:00 +0000 https://guwiv.com/turkey-press-release-regarding-developments-in-libya/ Download logo We follow with great concern the ongoing clashes in Libya which have also caused the death of civilians. Preserving the hard-won calm on the ground is of crucial importance for Libya’s security, stability and future. We call on the parties to be aware of this; act with restraint and common sense; and urge […]]]>

Download logo

We follow with great concern the ongoing clashes in Libya which have also caused the death of civilians.

Preserving the hard-won calm on the ground is of crucial importance for Libya’s security, stability and future. We call on the parties to be aware of this; act with restraint and common sense; and urge them to end the clashes immediately.

The escalation of violence jeopardizes the aspirations of the Libyan people for lasting peace and stability, as well as their vision to advance the political process, first and foremost the holding of elections. Therefore, we expect the parties to silence their guns and focus on resolving their issues peacefully as soon as possible.

For lasting stability, prosperity and security in Libya, Türkiye considers crucial the holding of free, fair and national elections as soon as possible, in accordance with the aspirations and expectations of the Libyan people. In this sense, the rapid completion of the legal framework under the facilitation of the UN is essential.

In line with these objectives, as we have done so far, we will continue to stand with our Libyan brothers and sisters and lend every support to the establishment of lasting peace and stability.

Distributed by APO Group on behalf of the Republic of Turkey, Ministry of Foreign Affairs.

This press release was issued by APO. Content is not vetted by the African Business editorial team and none of the content has been checked or validated by our editorial teams, proofreaders or fact checkers. The issuer is solely responsible for the content of this announcement.

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2022-08-27 | Press release | CATL and ZEEKR Sign Five-Year Strategic Cooperation Agreement, First Volume of Qilin Batteries to Power ZEEKR Models https://guwiv.com/2022-08-27-press-release-catl-and-zeekr-sign-five-year-strategic-cooperation-agreement-first-volume-of-qilin-batteries-to-power-zeekr-models/ Sat, 27 Aug 2022 12:25:32 +0000 https://guwiv.com/2022-08-27-press-release-catl-and-zeekr-sign-five-year-strategic-cooperation-agreement-first-volume-of-qilin-batteries-to-power-zeekr-models/ NINGDE, China, August 27, 2022 /PRNewswire/ — About August 27, CATL and ZEEKR jointly announced that ZEEKR was the first automotive brand to be powered by mass-produced Qilin batteries. ZEEKR 009 will be the world’s first car with Qilin inside, and ZEEKR 001 will be the world’s first model with Qilin batteries with a range […]]]>

NINGDE, China, August 27, 2022 /PRNewswire/ — About August 27, CATL and ZEEKR jointly announced that ZEEKR was the first automotive brand to be powered by mass-produced Qilin batteries. ZEEKR 009 will be the world’s first car with Qilin inside, and ZEEKR 001 will be the world’s first model with Qilin batteries with a range of 1,000 km. The two companies entered into a five-year strategic partnership, and on the basis of in-depth cooperation, agreed to strengthen the interaction of supply and demand to promote the technological progress of the new industry of energy.

Qilin batteries are based on CATL’s third-generation CTP technology. With a record volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg, it achieves the highest level of system integration in the world to date, capable of delivering a range of more than of 1000 km. Moreover, adopting pioneering large-area cell cooling technology, Qilin supports hot start in 5 minutes and quick charge in 10 minutes. With the same chemistry and pack size, it can deliver 13% more power than the 4680 battery, resulting in an overall improvement in runtime, fast charging, safety, battery life, and more. life, efficiency and low temperature performance.

Considering market demand and user experience, Qilin batteries will be able to take full advantage of their energy efficiency with the support of open and leading Sustainable Experience Architecture (SAE), offering a solution of perfect pure electric driving. Models with Qilin inside will free customers from anxiety about EV battery range, charging and safety, allowing them to enjoy a comfortable driving experience.

“ZEEKR 009 with Qilin inside will be delivered to our customers in Q1 2023, and the ZEEKR 001 Qilin Edition will be rolled out in Q2 2023. Backed by world-leading SEA and state-of-the-art Qilin batteries, we will be able to provide absolute driving pleasure for our customers,” said An Conghui, CEO of ZEEKR.

“Upholding the principle of providing solutions with joint efforts, we are committed to enabling automakers to build premium global auto brands with cutting-edge EV battery technologies and solutions, thereby promoting the global transition to ‘e-mobility’, said Dr. Robin Zengfounder and president of CATL.

It takes only 65 days for CATL to unveil the mass-produced models with Qilin inside after the battery is released, which embodies CATL’s commitment to the demand for long-range, ultra-charging battery products. -Fast and high security by the market and customers. This is a further step in the development of smart electric vehicles, which will accelerate the transition to electric vehicles.

CATL and ZEEKR Sign Five-Year Strategic Cooperation Agreement, First Volume of Qilin Batteries to Power ZEEKR Models

CATL and ZEEKR sign five-year strategic cooperation agreement, first volume of Qilin batteries to power ZEEKR model

Quote Show original content to download multimedia:https://www.prnewswire.com/news-releases/catl-and-zeekr-sign-five-year-strategic-cooperation-agreement-first-volume-of-qilin-batteries-to-power-zeekr-models- 301613432.html

SOURCE Contemporary Amperex Technology Co., Ltd.

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2022-08-26 | TSXV:JPWR.UN | Press release https://guwiv.com/2022-08-26-tsxvjpwr-un-press-release/ Fri, 26 Aug 2022 23:16:16 +0000 https://guwiv.com/2022-08-26-tsxvjpwr-un-press-release/ TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the second quarter of 2022. All amounts are expressed in Canadian dollars, unless otherwise indicated. Strong points1 Energy production of 37,681 MWh for the second quarter of 2022 compared to […]]]>

TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the second quarter of 2022. All amounts are expressed in Canadian dollars, unless otherwise indicated.

Strong points1

  • Energy production of 37,681 MWh for the second quarter of 2022 compared to 35,561 MWh for the second quarter of 2021, an increase of 6%. Record energy production of 92,751 MWh for the six months ended June 30, 2022, compared to 79,382 MWh for the comparable period of 2021, an increase of 14%.
  • Revenue of $4.1 million for the second quarter of 2022, compared to $4.6 million for the second quarter of 2021. The decline in revenue reflects an increase in balancing adjustments and a weakening in foreign exchange rates. Record revenue of $10.8 million for the six months ended June 30, 2022, compared to $9.6 million for the same period in 2021, an increase of 12%.
  • Net income of $0.3 million, or $0.01 per trust unit (each a “unit”) in the capital of the Trust, for the second quarter of 2022, compared to net income of 1.1 million, or $0.05 per unit, for the second quarter of 2021. Net income of $2.5 million, or $0.11 per unit, for the six months ended June 30, 2022, compared to 2, $9 million, $0.12 per unit for the six months ended June 30, 2021.
  • Adjusted EBITDA of $2.3 million,2 or $0.10 per unit, for the second quarter compared to $2.4 million, or $0.10 per unit, for the comparable quarter of 2021. Adjusted EBITDA of $6.5 million, or $0.29 per unit, for the six months ended June 30, 2022, compared to $5.4 million, or $0.23 per unit for the same period in 2021. (See reconciliation of Adjusted EBITDA under “Non-GAAP Measures”)
  • Operating cash flow of $2.1 million, or $0.09 per unit, after net change in working capital for the second quarter of 2022, compared to $0.8 million, or $0.03 per unit, for the second quarter of 2021. The increase in operating cash flow for the quarter was primarily driven by higher green certificate revenue. Operating cash flow of $4.5 million, or $0.20 per unit, for the six months ended June 30, 2022, compared to $4.5 million, or $0.20 per unit, for the six months ended June 30, 2021. (See reconciliation of cash flow from operations after net changes in working capital under “Non-GAAP Measures”)

J. Colter Eadie, CEO of Jade Power, commented:

“We are pleased with our second quarter results. With record energy production for the first half of 2022, our projects have outperformed in 2022 so far. As energy demand continues to grow, Jade Power is well positioned with the progress it has made in its priorities strategies to generate value for unitholders. ”

For more information, please contact:

About Jade Power

The Trust, through its direct and indirect subsidiaries in Canada, the Netherlands and Romania, was established to acquire interests in renewable energy assets in Romania, other countries in Europe and overseas that can provide stable cash flow to the Trust and appropriate risk. adjusted return on investment. The Trust intends to qualify as a “mutual fund trust” under the income tax law (Canada) (the “Tax Act”). The Trust will not be a “SIFT trust” (as defined in the Tax Act), provided that it complies at all times with its investment restriction which prevents it from holding “non-portfolio property” ( within the meaning of the Income Tax Act). All material information about the Trust can be viewed under Jade Power’s issuer profile at www.sedar.com.

Forward-looking statements

The statements in this press release contain forward-looking information. Such forward-looking information can be identified by words such as “expects”, “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may” and “will fly”. Forward-looking statements are based on the expectations and assumptions made by the Trust. Details of the risk factors relating to Jade Power and its business are set out under the heading “Business Risks and Uncertainties” in the Trust’s Annual MD&A for the year ended December 31, 2021, a copy of which is available at Jade Power’s SEDAR. profile to www.sedar.com. Most of these factors are beyond the control of the Trust. Investors are cautioned not to place undue reliance on forward-looking information. These statements speak only as of the date of this press release. Except as otherwise required by applicable securities laws or regulations, Jade Power expressly disclaims any intention or obligation to publicly update any forward-looking information, whether as a result of new information, future events or otherwise.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

NON-GAAP FINANCIAL MEASURES

The Trust has included certain non-GAAP financial measures which the Trust believes, together with measures determined in accordance with IFRS, provide investors with a better ability to assess the underlying performance of the Trust. Non-GAAP financial measures do not have any standardized meaning prescribed by IFRS and, therefore, may not be comparable to similar measures used by other entities. The data is intended to provide additional information and should not be considered in isolation or as a substitute for performance measures prepared in accordance with IFRS.

The non-GAAP financial performance measures presented are intended to provide additional information to investors and do not have any standardized meaning prescribed by IFRS, and therefore may not be comparable to other issuers, and should not be relied upon. alone or as a substitute for performance measures prepared in accordance with IFRS. The Trust believes that these measures, together with measures determined in accordance with IFRS, provide investors with a better ability to assess the underlying performance of the Trust. Management’s determination of the components of non-GAAP financial performance measures and other financial measures is periodically evaluated based on new items and transactions, a review of investor uses and new regulations, as appropriate. Any changes to the measures are duly noted and applied retrospectively, as appropriate. Please see the Trust’s MD&A for the three and six months ended June 30, 2022 under the heading “Non-GAAP Financial Measures” ”, a copy of which is available on Jade Power’s SEDAR profile at www.sedar.com for a detailed description of each non-GAAP financial measure. The following tables reconcile these non-GAAP financial measures to the most directly comparable IFRS measure.

Here is a reconciliation of Adjusted EBITDA and Adjusted EBITDA per Unit:

Three months

ended
Six months

ended
June 30th, June 30th, June 30th, June 30th,
2022 2021 2022 2021
Net income for the period $318,046 $1,125,357 $2,479,942 $2,873,339
Add:
Funding costs 256 123 367,903 483,357 596 307
income tax expense (174 ) 7,739
Depreciation 833 538 924 892 1,705,080 1 888 396
EBITDA 1,407,533 2,418,152
Other one-time operating expenses1 860 663 1,822,170
Adjusted EBITDA $2,268,196 $2,418,152 $6,498,288 $5,358,042
Adjusted EBITDA per unit $0.10 $0.10 $0.29 $0.23

1 Other operating expenses include one-time business development expenses related to the potential acquisition and/or disposal of assets which do not represent the current and ongoing operations of The Trust and are not necessarily indicative of future operating profits.

Here is a reconciliation of operating cash flow per unit:

Three months

ended
Six months

ended
June 30th, June 30th, June 30th, June 30th,
2022 2021 2022 2021
Net used in operating activities $2,098,257 $783,541 $4,537,273 $4,451,215
Weighted average number of units 22,252,912 23,135,355 22,313,368 23,128,438
Operating cash flow per Unit $0.09 $0.03 $0.20 $0.19

1 All per unit amounts for comparative periods have been restated to reflect the 10:1 per unit consolidation effective September 23, 2021.

2 Non-GAAP financial measure. See “Non-GAAP Financial Measures” in this press release for a reconciliation to the most directly comparable IFRS measure.

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2022-08-25 | NDAQ:TMUS | Press release https://guwiv.com/2022-08-25-ndaqtmus-press-release/ Fri, 26 Aug 2022 02:40:49 +0000 https://guwiv.com/2022-08-25-ndaqtmus-press-release/ The companies share their vision of providing truly universal coverage, combining SpaceX’s revolutionary satellite constellation with T-Mobile’s industry-leading wireless network The new service aims to connect the vast majority of smartphones already on T-Mobile’s network to Starlink satellites Companies invite global carriers to expand globally with reciprocal roaming In a live event Today, T-Mobile (NASDAQ: […]]]>

The companies share their vision of providing truly universal coverage, combining SpaceX’s revolutionary satellite constellation with T-Mobile’s industry-leading wireless network

The new service aims to connect the vast majority of smartphones already on T-Mobile’s network to Starlink satellites

Companies invite global carriers to expand globally with reciprocal roaming

In a live event Today, T-Mobile (NASDAQ: TMUS) CEO and President Mike Sievert and SpaceX Chief Engineer Elon Musk announced Coverage Above and Beyond: a groundbreaking new plan to bring connectivity to phones portable everywhere. Leveraging Starlink, SpaceX’s constellation of low-Earth-orbit satellites, and T-Mobile’s state-of-the-art wireless network, the Un-carrier plans to provide near-complete coverage in most locations in the United States, even in many remote places. places previously inaccessible by traditional cellular signals.

This press release is multimedia. See the full version here: https://www.businesswire.com/news/home/20220825005742/en/

T-Mobile is going beyond the blanket with SpaceX. The companies share their vision of delivering truly universal coverage, pairing SpaceX’s groundbreaking satellite constellation with T-Mobile’s cutting-edge wireless network. The new service aims to connect the vast majority of smartphones already on T-Mobile’s network to Starlink satellites. (Graphic: T-Mobile)

Today, despite powerful LTE and 5G wireless networks, over half a million square miles of the United States, as well as vast swathes of ocean, are unaffected by cellular signals… from ANY provider. . And as anyone who has ever encountered a mobile dead zone knows, the wireless industry has struggled to cover these areas with traditional terrestrial cellular technology, most often due to land use restrictions (eg. example, national parks), land boundaries (eg, mountains, deserts, and other topographical realities) and the vastness of America. In these areas, people either get disconnected or pay exorbitant rates to lug around a satellite phone. SpaceX and T-Mobile share a vision where these uncovered areas are a relic of the past, and today the companies are taking the first step to making that vision a reality.

From the middle of Death Valley to the Great Smokey Mountains or even that lingering neighborhood dead zone, T-Mobile and SpaceX have a vision to give customers a crucial extra layer of connectivity in areas previously unreachable by cellular signals from any carrier. And the service aims to work with the phone already in your pocket. The vast majority of smartphones already on T-Mobile’s network will be compatible with the new service using the device’s existing radio. No additional equipment to buy. It works.

“We’ve always thought differently about what it means to keep customers connected, and that’s why we’re working with the best to deliver coverage beyond anything customers have ever seen before,” said Mike Sievert, CEO from T-Mobile.” More than just a groundbreaking alliance, this represents two innovators shaking up the industry and challenging old ways to create something entirely new that will further connect customers and scare away competitors. ”

“The important thing about this is that it means there is no dead zone in the world for your cell phone,” said Elon Musk, chief engineer of SpaceX. “We are incredibly excited to do this with T-Mobile.”

To provide this service, the companies will create a new network, broadcast from Starlink satellites using T-Mobile’s midband spectrum nationwide. This true satellite-to-cellular service will provide nearly complete coverage almost anywhere a customer can see the sky.

With this technology, T-Mobile plans to offer customers text coverage virtually anywhere in the continental United States, Hawaii, parts of Alaska, Puerto Rico and territorial waters, even outside of the network signal. from T-Mobile starting with a beta in select regions by the end of next year following SpaceX’s planned satellite launches. Text messaging, including SMS, MMS and participating messaging apps, will allow customers to stay connected and share experiences almost anywhere. Going forward, the companies plan to continue adding voice and data coverage.

Additionally, the CEOs shared their vision to extend coverage above and beyond globally, issuing an open invitation to operators worldwide to collaborate for truly global connectivity. T-Mobile is committed to offering reciprocal roaming for carriers working with them to enable this vision.

Today’s news is the next step in T-Mobile’s quest to deliver Cover beyond. Earlier this year, the Un-carrier offered its customers enhanced connectivity beyond the reach of its network – in the air and abroad. Today’s move is the next step on the road to the ultimate hedging experience.

Some uses may require a specific plan or feature; see T-Mobile.com.

Caution Regarding Forward-Looking Statements

This communication contains certain forward-looking statements, including T-Mobile’s plans to increase mobile phone coverage while using Starlink, and to provide such coverage to its customers. Forward-looking information is based on management’s estimates, assumptions and projections, and is subject to important uncertainties and other factors, many of which are beyond the company’s control. Important risk factors could cause actual future results and other future events to differ materially from those currently estimated by management, including, but not limited to: the timing and completion of agreements relating to the construction of the new network, as well as the time and costs associated with building the network.

About T-Mobile US, Inc.

T-Mobile US Inc. (NASDAQ: TMUS) is America’s supercharged One-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will deliver reliable connectivity for everyone. T-Mobile customers benefit from its unmatched combination of value and quality, its unwavering obsession with providing them with the best service experience possible, and an undeniable driver of disruption that creates competition and innovation in the wireless and beyond. Headquartered in Bellevue, Washington, T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information, please visit: https://www.t-mobile.com.

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2022-08-25 | TSXV:FHYD | Press release https://guwiv.com/2022-08-25-tsxvfhyd-press-release/ Thu, 25 Aug 2022 07:05:21 +0000 https://guwiv.com/2022-08-25-tsxvfhyd-press-release/ Vancouver, British Columbia–(Newsfile Corp. – Aug. 25, 2022) – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (“FIRST HYDROGEN“or the”Company“) commends Prime Minister Justin Trudeau and German Chancellor Olaf Scholz for the monumental hydrogen alliance formed between Canada and Germany. The joint statement of intent to invest in hydrogen and establish a The […]]]>

Vancouver, British Columbia–(Newsfile Corp. – Aug. 25, 2022) – First Hydrogen Corp. (TSXV: FHYD) (OTC Pink: FHYDF) (FSE: FIT) (“FIRST HYDROGEN“or the”Company“) commends Prime Minister Justin Trudeau and German Chancellor Olaf Scholz for the monumental hydrogen alliance formed between Canada and Germany. The joint statement of intent to invest in hydrogen and establish a The Canada-Germany Transatlantic Supply Corridor will mark the beginning of Canada’s establishment as a major hydrogen producer and progress on the path to decarbonization.

The company has extended its green hydrogen production plans to North America, the focus will initially be on Canada with its huge renewable energy resources (hydro, solar and wind) that can be used to produce green hydrogen without carbon emissions. Canada has identified the national deployment of hydrogen as a key element in meeting its climate change commitments. On July 6, 2022, the Canadian government released its Clean Fuel Standard, which will aim to reduce greenhouse gas emissions and accelerate the use of clean technologies and fuels. It was followed by a funding announcement for zero-emission medium and heavy-duty vehicles (the iMHZEV program will provide $547.5 million in funding over four years). This new political commitment will help create new demand for commercial vehicles using green hydrogen.

First Hydrogen Energy is now starting the development of four main green hydrogen production facilities in the UK after positive progress to date. North American expansion is part of First Hydrogen’s strategy to expand green hydrogen production in regions with strong political support for green hydrogen and/or abundant renewable energy sources . The green hydrogen produced will be distributed close to the production sites, thus minimizing distribution costs and also providing benefits in terms of climate change, pollution reduction and energy resilience in the region of the green hydrogen site.

Rob Campbell, Director and CEO of First Hydrogen Energy, comments: “These are truly remarkable times with the announced plans for both the Canada-Germany Transatlantic Hydrogen Supply Corridor and the historic US Inflation Reduction Act occurring in the same month. Green Hydrogen is clearly happening on a global scale and First Hydrogen has plans to produce and deliver green hydrogen solutions for use in commercial vehicles in North America, the UK and Europe.”

Balraj Mann, CEO of First Hydrogen, says: “The recent announcement makes it possible to obtain green hydrogen in Newfoundland and Labrador using wind energy, which is only one of the renewable energy sources available in Canada. We also need to tap into our hydroelectricity, a huge source of clean, renewable energy. “a-service” model will be a zero-emission ecosystem solution for Canada and the rest of the world. »

About First Hydrogen Corp. (FirstHydrogen.com)

First Hydrogen Corp. is a Vancouver and London UK-based company focused on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide removal systems. The company designs and builds demonstration light utility vehicles (“LCVs”) powered by hydrogen fuel cells under two agreements with AVL Powertrain and Ballard Power Systems Inc. The LCV will have a range of over 500 kilometers. At the same time, the company has launched its bespoke vehicle design phase which will develop its fleet of zero-emission clean vehicles. First Hydrogen is also developing refueling capability in conjunction with FEV Consulting GmbH, the automotive consultancy of the FEV Group of Aachen in Germany. The Company is also looking for opportunities in the production and distribution of green hydrogen in the UK and elsewhere.

On behalf of the Board of Directors of

FIRST HYDROGEN CORP.

Balraj Mann

CEO

Contact:

Balraj Mann

First Hydrogen Corp.

604-601-2018

investors@firsthydrogen.com

Caution Regarding Forward-Looking Statements This press release contains information or statements that constitute “forward-looking statements”. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements or developments to differ materially from any anticipated results, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as “expects”, “plans”, “anticipates”, “believes”, “has intention”, “believes”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “could”, “might” or “should” occur.

Forward-looking information may include, but is not limited to, statements regarding operations, activities, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, objectives, objectives progress, milestones, strategies and outlook for First Hydrogen, and include statements regarding, among other things, future developments and First Hydrogen’s future operations, strengths and strategies. Forward-looking information is provided for the purpose of presenting information about management’s current expectations and plans regarding the future, and readers are cautioned that such statements may not be appropriate for other purposes. These statements should not be construed as guarantees of future performance or results.

Forward-looking statements made in this press release are based on management’s assumptions and analysis and other factors on which management may rely to draw conclusions and make forecasts or projections, including the management experience and assessments of historical trends, current conditions and future forecasts. developments. Although management believes these assumptions, analyzes and assessments to be reasonable at the time the statements in this press release are made, actual results may differ materially from those projected in the forward-looking statements. Examples of risks and factors that could cause actual results to differ materially from forward-looking statements may include: the timing and unpredictability of regulatory action; regulatory, legislative, legal or other developments relating to its operations or activities; limited marketing and sales capabilities; early stage of industry and product development; limited products; recourse to third parties; adverse publicity or consumer perception; general economic conditions and financial markets; the impact of increasing competition; the loss of key management personnel; capital and liquidity requirements; access to capital; the timing and amount of capital expenditures; the impact of COVID-19; changes in demand for First Hydrogen’s products and the size of the market; patent law reform; patent and intellectual property litigation; conflicts of interest; and general market and economic conditions.

The forward-looking information contained in this press release represents First Hydrogen’s expectations as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely on such information as of any other date. First Hydrogen undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/134785

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2022-08-24 | NYSE: REIT | Press release https://guwiv.com/2022-08-24-nyse-reit-press-release/ Wed, 24 Aug 2022 11:10:53 +0000 https://guwiv.com/2022-08-24-nyse-reit-press-release/ Farmland Partners Inc. (NYSE: REIT) (the “” Company; or “” REIT) announced today that it has received notice of a renewable energy tenant planning to begin construction of a new solar power in Clark County, Illinois by the end of the month. The development, which spans six REIT properties covering 1,542 acres, will generate increased […]]]>

Farmland Partners Inc. (NYSE: REIT) (the “” Company; or “” REIT) announced today that it has received notice of a renewable energy tenant planning to begin construction of a new solar power in Clark County, Illinois by the end of the month.

The development, which spans six REIT properties covering 1,542 acres, will generate increased rental income for the company and expand its growing renewable energy portfolio.

The tenant will pay rents that are almost 50% higher than current agricultural rents once construction is complete and will make payments above this higher level during the planned 12-month construction period.

“While working with farmers and supporting their efforts to responsibly feed the world remains our core mission, we also recognize that investing in renewable energy benefits the environment and provides attractive returns to our shareholders,” said said FPI Chairman and CEO Paul Pittman.

FPI’s renewable energy portfolio currently has the capacity to produce more than 110 megawatts of electricity, through three operational wind projects and five solar projects. For perspective, that’s enough electricity to power 20,900 US homes, according to the methodology used by the Solar Energy Industries Association. The planned Clark County development will add additional generating capacity.

While solar projects fully replace agricultural rents, wind projects complement existing agricultural rents because agricultural production can continue around wind turbines. The table below provides an overview of the company’s energy portfolio, including expected revenues from the new solar project once it is operational.

Type of energy

States

Total Acres

Avg. Energy

Revenue/acre

Avg. Increase

above the farm

Rent alone

Solar

Illinois, North Carolina

2,026

$578.15

107%

Wind*

CO, NC

11,320

$25.66

35%

*Wind leases are in addition to agricultural leases, as farms can continue agricultural production.

“Including the Clark County project, energy tenants represent nearly $1.5 million in revenue per year,”” Pittman explained. “Given the long-term nature of solar and wind leases — ranging from 15 to 40 years – these projects reduce risk to society and provide long-term protection against inflation.”

REIT also has over 13,700 additional acres of renewable energy projects under option or in various stages of development and planning. Option payments generate, on average, $45 per acre of additional annual income over farm rents.

About Farmland Partners Inc.

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high quality North American farmland and provides loans to farmers secured by agricultural real estate. As of the date of this release, the Company owns and/or manages over 185,750 acres in 18 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, South Carolina and Virginia. We have around 26 types of crops and over 100 tenants. The Company has elected to be taxed as a real estate investment trust, or REIT, for US federal income tax purposes, beginning with the tax year ended December 31, 2014. Additional information: www.farmlandpartners.com or (720) 452-3100.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including, without limitation, statements regarding expected returns on farmland acquired, our outlook, proposed acquisitions and divestitures and ongoing, the potential impact of trade disputes and recent extreme weather events on the Company’s results, financing activities, crop yields and prices and expected rental rates. Forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “should”, “could”, “would”, “predict”, “potential”, “continue”, “expect”. , “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates” or similar expressions or their negatives, as well as statements in the future tense. Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, beliefs and expectations, these forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ significantly from those established. in forward-looking statements. Some factors that could cause such a difference are: the risks associated with the commencement or completion of the construction and development of the solar and wind projects discussed in this press release, anticipated rents on the solar and wind projects relative to existing rents, the timing and amount of rents expected on the solar and wind projects discussed in this press release, the progress of the Company’s other renewable energy projects, general capital market volatility and the price market for the Company’s common stock, changes in the Company’s business strategy, availability, terms and deployment of capital, the Company’s ability to refinance existing debt at or before maturity on favorable terms, or not at all, the availability of qualified personnel, changes in the Company’s industry, interest rates or the general economy, d developments relating to crop yields or prices, the degree and nature of the Company’s competition, the timing, price or amount of repurchases, if any, under the Company’s share repurchase program Company, the ability to complete acquisitions or divestitures under contract and the other factors described in the section titled “Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and other documents filed by the Company with the Securities and Exchange Commission. Any forward-looking information presented herein is made only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unforeseen events or otherwise.

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2022-08-22 | NDAQ: ASRT | Press release https://guwiv.com/2022-08-22-ndaq-asrt-press-release/ Tue, 23 Aug 2022 02:14:09 +0000 https://guwiv.com/2022-08-22-ndaq-asrt-press-release/ LAKE FOREST, Ill., Aug. 22, 2022 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “&CloseCurlyDoubleQuote Company;) (Nasdaq: ASRT), a specialty pharmaceutical company providing differentiated products to patients, announced today today the price of its offering of $60 million aggregate principal amount of 6.50% convertible senior notes due 2027 (the “CloseCurlyDoubleQuote; Convertible Notes) pursuant to […]]]>

LAKE FOREST, Ill., Aug. 22, 2022 (GLOBE NEWSWIRE) — Assertio Holdings, Inc. (“Assertio” or the “&CloseCurlyDoubleQuote Company;) (Nasdaq: ASRT), a specialty pharmaceutical company providing differentiated products to patients, announced today today the price of its offering of $60 million aggregate principal amount of 6.50% convertible senior notes due 2027 (the “CloseCurlyDoubleQuote; Convertible Notes) pursuant to a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issue and sale of the convertible notes are expected to be settled on August 25, 2022, subject to customary closing conditions. Assertio has also granted the original purchaser of the convertible notes an option to purchase, within 13 days from the date the convertible notes are first issued, up to a principal amount additional $10 million of convertible notes.

Assertio estimates that the net proceeds of the offering will be approximately $56.7 million (or approximately $66.2 million if the initial purchaser fully exercises its option to purchase additional convertible notes), after deducting original buyer’s discounts and commissions and estimated offer fees. Assertio intends to use the net proceeds of the offering to repurchase or redeem its 13% Senior Secured Notes due 2024 and for general corporate purposes.

The convertible notes will initially be senior unsecured obligations of Assertio and will bear interest at the rate of 6.50% per annum, payable semi-annually in arrears on March 1 and September 1 of each year, commencing March 1, 2023. The Notes will mature on September 1, 2027, unless redeemed, redeemed or converted earlier. The Convertible Notes will be convertible into cash, common stock of Assertio (“Common Stock”), or a combination thereof, at Assertio’s option. The initial conversion rate is 244.2003 common shares per $1,000 principal amount of convertible bonds, representing an initial conversion price of approximately $4.09 per common share. The initial conversion price represents a premium of approximately 12.50% over the last reported sale price of $3.64 per common share on August 22, 2022. The conversion rate and conversion price will be subject to adjustment as upon the occurrence of certain events.

The Convertible Notes will be redeemable, in whole or in part, for cash at Assertio’s option at any time and from time to time, beginning September 8, 2025 and prior to September 41st scheduled trading day immediately prior to the Maturity Date, but only if the last reported sale price per Common Share exceeds 130% of the Conversion Price for a specified period. The redemption price will be equal to the principal amount of the convertible notes to be redeemed, plus accrued and unpaid interest, if any, up to the excluded redemption date.

If a “fundamental change” (as defined in the Indenture for the Convertible Notes) occurs, Noteholders may instruct Assertio to redeem their Convertible Notes for cash. The redemption price will be equal to the principal amount of the Notes to be redeemed together with accrued and unpaid interest, if any, up to, but excluding, the applicable redemption date.

The Company undertakes not to incur liens on its subsidiaries’ assets or to allow its subsidiaries to guarantee debts without equally and proportionally guaranteeing or guaranteeing the obligations, and undertakes not to allow its subsidiaries to issue disqualified or preferred shares, subject to certain exceptions.

The offer and sale of the Convertible Notes and any common stock issuable upon conversion of the Convertible Notes has not been and will not be registered under any securities law or any other securities law. securities, and convertible notes and such shares may not be offered or sold except pursuant to an exemption or in a transaction not subject to the registration requirements of the Securities Act and any other applicable securities law. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Convertible Notes or any common shares issuable upon conversion of the Convertible Notes, nor will there be any sale of the Convertible Notes or such shares, in any state or other jurisdiction where such offer, sale or solicitation would be unlawful.

About Assertio

Assertio is a leading commercial pharmaceutical company providing differentiated products to patients. The company has a strong portfolio of branded prescription products in three areas: neurology, hospital, and pain and inflammation. Assertio has grown through business development, including licensing, mergers and acquisitions.

Forward-looking statements

Statements contained in this communication that are not historical facts are forward-looking statements that reflect Assertio’s current expectations, assumptions and estimates regarding future performance and economic conditions. These forward-looking statements are made based on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, the completion of the offering and the expected amount and expected use of the net proceeds. All statements other than historical facts may be forward-looking statements and can be identified by words such as “anticipate”, “believe”, “could”, “conceive”, “estimate”, “expect”, ” plan”, “objective”. ,” “orientation”, “implies”, “intent”, “may”, “goal”, “opportunity”, “outlook”, “plan”, “position”, “potential”, “predict”, “project”, “prospective”, “pursue”, “seek”, “should”, “strategy”, “target”, “would”, “fly”, “aim” or other similar expressions that convey uncertainty of events or future results and are used to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond Assertio’s control, including risks described in Assertio’s annual report on Form 10-K and quarterly reports, on Form 10-Q filed with the United States Securities and Exchange Commission (“SEC”) and in other filings by Assertio with the SEC from time to time.

Investors and potential investors are cautioned not to place undue reliance on the forward-looking statements contained in this communication, which speak only as of this date. Although Assertio may elect to update these forward-looking statements at some time in the future, it specifically disclaims any obligation to update or revise the forward-looking statements contained in this press release, whether as a result of new information or future events, except as required by applicable law. Nothing contained herein constitutes or shall be deemed to constitute a forecast, projection or estimate of future financial performance or expected results of Assertio.

Investor contacts:

Matt Kreps

General director

Darrow Associates

Austin, TX

M: 214 597-8200

mkreps@darrowir.com

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