Shareholders – MS Coursing http://mscoursing.com/ Tue, 17 May 2022 04:18:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://mscoursing.com/wp-content/uploads/2021/07/icon-150x150.png Shareholders – MS Coursing http://mscoursing.com/ 32 32 SHAREHOLDER ALERT: Gross Law Firm is advising shareholders of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. of a Class Action and Deadline for Lead Plaintiff of June 20, 2022 – (LICY) https://mscoursing.com/shareholder-alert-gross-law-firm-is-advising-shareholders-of-li-cycle-holdings-corp-f-k-a-peridot-acquisition-corp-of-a-class-action-and-deadline-for-lead-plaintiff-of-june-20-2022-licy/ Tue, 17 May 2022 01:43:00 +0000 https://mscoursing.com/shareholder-alert-gross-law-firm-is-advising-shareholders-of-li-cycle-holdings-corp-f-k-a-peridot-acquisition-corp-of-a-class-action-and-deadline-for-lead-plaintiff-of-june-20-2022-licy/ New York, New York–(Newsfile Corp. – May 16, 2022) – Securities litigation law firm The Gross Law Firm is issuing the following notice on behalf of shareholders of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp.. Shareholders who have purchased shares of LICY during the stated class period are encouraged to contact the company regarding a […]]]>

New York, New York–(Newsfile Corp. – May 16, 2022) – Securities litigation law firm The Gross Law Firm is issuing the following notice on behalf of shareholders of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp..

Shareholders who have purchased shares of LICY during the stated class period are encouraged to contact the company regarding a possible appointment of the lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.

CONTACT US HERE:
https://securitiesclasslaw.com/securities/li-cycle-holdings-corp-fka-peridot-acquisition-corp-loss-submission-form/?id=27328&from=5

COURSE PERIOD: February 16, 2021 to March 23, 2022

ALLEGATIONS: The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Li-Cycle’s largest customer, Traxys, is not actually a customer, but merely a broker providing financial working capital for the Company while Traxys attempts to sell Li-Cycle’s product to end customers; (2) the Company has engaged in transactions with highly questionable related parties; (3) the Company’s mark-to-model accounting is vulnerable to abuse and gives a false impression of growth; (4) a significant portion of the Company’s reported revenue was derived simply from gross up receivables on products that had not been sold; (5) the gross margins of the Company have probably been negative since its inception; (6) the Company will need an additional $1 billion in funding to support its expected growth (which is more than the Company raised through the merger); and (7) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

DEADLINE: June 20, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/li-cycle-holdings-corp-fka-peridot-acquisition-corp-loss-submission-form/?id=27328&from=5

NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of LICY during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a lead applicant is June 20, 2022. There is no cost or obligation for you to participate in this case.

WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company have caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Telephone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124297

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SHAREHOLDER ALERT: Law Firm Pomerantz Reminds Shareholders Who Have Suffered Losses on Their Investment in Aurinia Pharmaceuticals Inc. of Class Action and Upcoming Deadline – AUPH https://mscoursing.com/shareholder-alert-law-firm-pomerantz-reminds-shareholders-who-have-suffered-losses-on-their-investment-in-aurinia-pharmaceuticals-inc-of-class-action-and-upcoming-deadline-auph/ Sun, 15 May 2022 18:00:00 +0000 https://mscoursing.com/shareholder-alert-law-firm-pomerantz-reminds-shareholders-who-have-suffered-losses-on-their-investment-in-aurinia-pharmaceuticals-inc-of-class-action-and-upcoming-deadline-auph/ NEW YORK, NY/ACCESSWIRE/May 15, 2022/ Pomerantz LLP announces that a class action lawsuit has been filed against Aurinia Pharmaceuticals Inc. (“Aurinia” or the “Company”) AUPH and some of its officers. The class action, filed in the United States District Court for the Eastern District of New York and registered as 22-cv-02185, is on behalf of […]]]>

NEW YORK, NY/ACCESSWIRE/May 15, 2022/ Pomerantz LLP announces that a class action lawsuit has been filed against Aurinia Pharmaceuticals Inc. (“Aurinia” or the “Company”) AUPH and some of its officers. The class action, filed in the United States District Court for the Eastern District of New York and registered as 22-cv-02185, is on behalf of a class consisting of all persons and entities other than defendants. who purchased or otherwise acquired Aurinia securities between May 7, 2021 and February 25, 2022, both dates inclusive (the “Class Period”), seeking to recover damages caused by the Defendants’ violations of federal securities and to seek remedies under Sections 10(b) and 20(a) ) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder , against the Company and certain of its senior executives.

If you are a shareholder who purchased or otherwise acquired Aurinia securities during the class period, you have until June 14, 2022 to ask the court to name you as the lead plaintiff in the class. A copy of the complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those making inquiries by e-mail are encouraged to include their mailing address, phone number and number of shares purchased.

[Click here for information about joining the class action]

Aurinia is a biopharmaceutical company that develops and commercializes therapies to treat various diseases with unmet medical needs in Japan and the People’s Republic of China. The Company’s only product is LUPKYNIS, which it offers for the treatment of adult patients with active lupus nephritis.

The Complaint alleges that throughout the Class Period, the Defendants made materially false and misleading statements regarding the company’s business, operations and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing a decline in revenue; (ii) Aurinia’s sales prospects for LUPKYNIS in 2022 would be well below expectations; (iii) as a result, the Company had grossly overestimated LUPKYNIS’ business prospects; (iv) as a result, the Company had exaggerated its financial situation and/or its outlook for 2022; and (v) as a result, the Company’s public statements were materially false and misleading at all material times.

On February 28, 2022, Aurinia issued a press release announcing its financial results for the quarter and year ended December 31, 2021. Among other items, Aurinia reported lower year-over-year revenue and announced revenue below expectations. outlook for 2022.

On this news, Aurinia’s common stock price fell $3.94 per share, or 24.26%, to close at $12.30 per share on February 28, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading firms in the areas of corporate litigation, securities and antitrust. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he established, fighting for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm recovered numerous multimillion-dollar damages on behalf of class members. To see www.pomlaw.com

THE SOURCE: Pomerantz LLP

See the source version on accesswire.com:


https://www.accesswire.com/701448/SHAREHOLDER-ALERT-Pomerantz-Law-Firm-Reminds-Shareholders-with-Losses-on-their-Investment-in-Aurinia-Pharmaceuticals-Inc-of-Class-Action- Lawsuit-and-deadline-coming-upcoming-AUPH

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Temenos (VTX:TEMN) shareholders are in the red if they invested three years ago https://mscoursing.com/temenos-vtxtemn-shareholders-are-in-the-red-if-they-invested-three-years-ago/ Sat, 14 May 2022 08:00:17 +0000 https://mscoursing.com/temenos-vtxtemn-shareholders-are-in-the-red-if-they-invested-three-years-ago/ Temenos AG (VTX:TEMN) Shareholders should be happy to see the stock price rise 15% over the past month. But that doesn’t change the fact that returns over the past three years have been less than pleasing. In fact, the stock price is down 41% in three years and that return, dear reader, is less than […]]]>

Temenos AG (VTX:TEMN) Shareholders should be happy to see the stock price rise 15% over the past month. But that doesn’t change the fact that returns over the past three years have been less than pleasing. In fact, the stock price is down 41% in three years and that return, dear reader, is less than what you could have gotten from passive investing with an index fund.

With that in mind, it’s worth seeing whether the company’s underlying fundamentals have been driving long-term performance, or if there are any gaps.

Discover our latest analysis for Temenos

Although the efficient markets hypothesis continues to be taught by some, it has been proven that markets are dynamic systems that are too reactive and that investors are not always rational. One way to look at how market sentiment has changed over time is to look at the interaction between a company’s stock price and its earnings per share (EPS).

Temenos has seen its EPS decline at a compound rate of 0.3% per annum, over the past three years. This reduction in EPS is slower than the 16% annual reduction in share price. It is therefore likely that the drop in EPS disappointed the market, leaving investors hesitant to buy.

The image below shows how EPS has tracked over time (if you click on the image you can see more details).

SWX: TEMN Earnings Per Share Growth May 14, 2022

Dive deeper into key Temenos metrics by viewing this interactive chart of Temenos earnings, revenue, and cash flow.

A different perspective

While the broader market gained around 4.6% last year, Temenos shareholders lost 24% (including dividends). Even good stock prices sometimes drop, but we want to see improvements in a company’s fundamentals before we get too interested. Longer-term investors wouldn’t be so upset, as they would have gained 3%, every year, over five years. If fundamentals continue to point to sustainable long-term growth, the current sell-off could be an opportunity to consider. It is always interesting to follow the evolution of the share price over the long term. But to better understand Temenos, we need to consider many other factors. For example, we found 1 warning sign for Temenos which you should be aware of before investing here.

Sure, you might find a fantastic investment by looking elsewhere. So take a look at this free list of companies that we believe will increase their profits.

Please note that the market returns quoted in this article reflect the average market-weighted returns of stocks currently trading on CH stock exchanges.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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SHAREHOLDER ALERT: Gross Law Firm Notifies Natera, Inc. Shareholders of Class Action and Deadline for Lead Plaintiff June 27, 2022 – (NTRA) https://mscoursing.com/shareholder-alert-gross-law-firm-notifies-natera-inc-shareholders-of-class-action-and-deadline-for-lead-plaintiff-june-27-2022-ntra/ Fri, 13 May 2022 02:59:00 +0000 https://mscoursing.com/shareholder-alert-gross-law-firm-notifies-natera-inc-shareholders-of-class-action-and-deadline-for-lead-plaintiff-june-27-2022-ntra/ New York, New York–(Newsfile Corp. – May 12, 2022) – Securities litigation law firm The Gross Law Firm is issuing the following notice on behalf of shareholders of Natera, Inc. NTRA. Shareholders who have purchased shares of NTRA during the stated class period are encouraged to contact the company regarding the possible appointment of a […]]]>

New York, New York–(Newsfile Corp. – May 12, 2022) – Securities litigation law firm The Gross Law Firm is issuing the following notice on behalf of shareholders of Natera, Inc. NTRA.

Shareholders who have purchased shares of NTRA during the stated class period are encouraged to contact the company regarding the possible appointment of a lead plaintiff. Appointment as lead plaintiff is not required to participate in any recovery.

CONTACT US HERE:
https://securitiesclasslaw.com/securities/natera-inc-loss-submission-form/?id=27205&from=5

This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired shares of Natera common stock between February 26, 2020 and April 19, 2022 inclusive.

ALLEGATIONS: The Complaint alleges that during the Class Period, the Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the company’s non-invasive prenatal test, Panorama, was unreliable and resulted in high rates of false positives; (2) the Company’s screening test for kidney transplant failure, Prospera, did not have superior accuracy over competing tests; (3) as a result of defendants’ false and misleading claims about Natera’s technology, the Company was exposed to significant legal and regulatory risks; (4) Natera relied on deceptive sales and billing practices to drive revenue growth; and (5) as a result of the foregoing, defendants’ statements regarding the company’s business, operations and prospects lacked a reasonable basis.

DEADLINE: June 27, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/natera-inc-loss-submission-form/?id=27205&from=5

NEXT STEPS FOR SHAREHOLDERS: Once you have registered as a shareholder who has purchased shares of NTRA during the period stated above, you will be enrolled in portfolio tracking software to provide you with status updates throughout the cycle life of the business. The deadline to apply to be a lead applicant is June 27, 2022. There is no cost or obligation for you to participate in this case.

WHY BRUT CABINET D’AVOCATS? Gross Law Firm is a nationally recognized law firm, and our mission is to protect the rights of all investors who have suffered as a result of deception, fraud, and illegal business practices. Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company has caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

Gross Law Firm is committed to ensuring that businesses adhere to responsible business practices and engage in good corporate citizenship. The Company seeks redress on behalf of investors who have suffered losses when false and/or misleading statements or omission of material information by a company have caused artificial inflation of the company’s stock. Lawyer advertisement. Prior results do not guarantee similar results.

CONTACT:
The Raw Law Firm
15 West 38th Street, 12th Floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Telephone: (212) 537-9430
Fax: (833) 862-7770

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123926

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More oil production would hurt shareholders, Occidental CEO says https://mscoursing.com/more-oil-production-would-hurt-shareholders-occidental-ceo-says/ Wed, 11 May 2022 20:12:00 +0000 https://mscoursing.com/more-oil-production-would-hurt-shareholders-occidental-ceo-says/ Occidental Petroleum’s logo is displayed on a floor screen at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register HOUSTON, May 11 (Reuters) – Oil companies around the world are trying to boost production but are struggling to balance increases […]]]>

Occidental Petroleum’s logo is displayed on a floor screen at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid

Join now for FREE unlimited access to Reuters.com

HOUSTON, May 11 (Reuters) – Oil companies around the world are trying to boost production but are struggling to balance increases without jeopardizing shareholder returns, Vicki Hollub, chief executive of Occidental Petroleum (OXY .NOT).

Energy companies are under pressure to increase production and stem the tide of inflation and fuel shortages. Leaders have been criticized for not responding quickly to calls for more. Oil prices hit a 14-year high in March and helped push US inflation to double-digit levels.

“It’s almost value destruction if you try to accelerate anything now,” Hollub said on a conference call to discuss the company’s first quarter results.

Join now for FREE unlimited access to Reuters.com

Occidental’s production fell in the last quarter, but it expects a slight increase for the year.

The U.S. oil producer, which plans to resume share buybacks this quarter to reward investors, could boost production by as much as 5% next year if yields remain high. But rising costs for services and materials have limited what companies can do to respond quickly to oil supplies.

“There are a lot of headwinds to increasing production around the world,” Hollub said. “Some of the longer-term projects just can’t get started because of the costs involved.”

The company increased capital spending by $250 million, mostly to cover inflation costs, she said. It also forfeited a cross-rig program for its Colorado operations after regulators limited its drilling permits to one unit for the rest of 2022, she said.

Occidental will resume its share buyback program this quarter after hitting its net debt target of $20 billion, Chief Financial Officer Robert Peterson said on the call.

The producer previously announced plans to use $3 billion for buyouts.

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Reporting by Sabrina Valle; Editing by Chris Reese and Marguerita Choy

Our standards: The Thomson Reuters Trust Principles.

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CP shareholders are expected to reject TRC Capital Investment Corp’s mini-tender offer. https://mscoursing.com/cp-shareholders-are-expected-to-reject-trc-capital-investment-corps-mini-tender-offer/ Tue, 10 May 2022 12:30:00 +0000 https://mscoursing.com/cp-shareholders-are-expected-to-reject-trc-capital-investment-corps-mini-tender-offer/ CALGARY, Alta., May 10, 2022 /PRNewswire/ – Canadian Pacific (TSX: CP) (NYSE: CP) today announced that it has received notice of an unsolicited mini-tender offer from TRC Capital Investment Corporation (“TRC”) to purchase up to to 1.5 million common shares of Canadian Pacific, representing approximately 0.16% of the outstanding common shares, at a price of […]]]>

CALGARY, Alta., May 10, 2022 /PRNewswire/ – Canadian Pacific (TSX: CP) (NYSE: CP) today announced that it has received notice of an unsolicited mini-tender offer from TRC Capital Investment Corporation (“TRC”) to purchase up to to 1.5 million common shares of Canadian Pacific, representing approximately 0.16% of the outstanding common shares, at a price of CA$88.50 per share.

CP does not approve of this unsolicited offer and advises CP shareholders that the offer was made at a price of 4.37% and 4.49% respectively, below market price, at CP’s closing price at the Toronto Stock Exchange and the New York Stock Exchange on May 2, 2022, the date of the offer. CP has no connection with TRC Capital or its offer and recommends that shareholders do not tender their CP shares to the offeror.

The Canadian Securities Administrators have published long-standing guidance on the practice of mini-tenderings, which can be viewed here.

In addition, the SEC warned investors against mini-tender bids, noting that “some bidders make mini-tender bids at below-market prices, hoping they will take the investors off guard if investors do not compare the bid price to the current market price. The SEC has published investor guidance regarding these offerings on its website, which can be found here.

About Canadian Pacific

Canadian Pacific is a transcontinental railway in Canada and United States with direct connections to major ports on the west and east coasts. CP offers its North American customers competitive rail service with access to key markets around the world. CP grows with its customers, offering a range of freight transportation services, logistics solutions and supply chain expertise. To visit cpr.ca to see the rail benefits of CP. CP-IR

Quote

Show original content:https://www.prnewswire.com/news-releases/cp-shareholders-should-reject-trc-capital-investment-corp-mini-tender-offer-301543285.html

SOURCE Canadian Pacific

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Shareholders approve Fidelity Bank’s N0.35kobo dividend and capital raise https://mscoursing.com/shareholders-approve-fidelity-banks-n0-35kobo-dividend-and-capital-raise/ Mon, 09 May 2022 03:02:54 +0000 https://mscoursing.com/shareholders-approve-fidelity-banks-n0-35kobo-dividend-and-capital-raise/ Kayode Tokede Fidelity Bank Plc shareholders have unanimously approved the payment of a cash dividend of 35 kobo per share to all shareholders. Shareholders who hailed the bank’s excellent performance at the bank’s 34th Annual General Meeting (AGM) held in Lagos also authorized the Board of Directors, among others, “to undertake as it sees fit […]]]>

Kayode Tokede

Fidelity Bank Plc shareholders have unanimously approved the payment of a cash dividend of 35 kobo per share to all shareholders.

Shareholders who hailed the bank’s excellent performance at the bank’s 34th Annual General Meeting (AGM) held in Lagos also authorized the Board of Directors, among others, “to undertake as it sees fit and in accordance applicable laws, any actions, business combinations or transactions, including, but not limited to, investment, acquisition, restructuring, capital raising, expansion or arrangement necessary to ensure a competitive advantage for the Company.”

Shareholders who spoke at the meeting including Sir Sunny Nwosu, Mr. Nonah Awoh, Ms. Bisi Bakare, Chief Timothy Adesiyan and Mr. Gbenga Idowu were unanimous in congratulating the Board and Management of Fidelity Bank, for the impressive financial performance which translated into higher dividends for them (shareholders).

Fidelity Bank Chairman Mustafa Chike-Obi reassured shareholders at the AGM that the bank’s board and management would uphold the high standard of corporate governance synonymous with Fidelity Bank. and would also ensure that the bank continues its growth trajectory in the years to come.

“We will continue to build our enterprise risk management capabilities to future-proof our business, while modeling our governance practices to align with international best practices,” Chike-Obi said.

Chike-Obi noted that the past financial year has been a time of consolidation and growth for our Bank.

“Despite the challenges of the operating environment, we were resolute in executing our strategy. We paid particular attention to optimizing our balance sheet and strengthening our risk management structures. We aggressively pursued an automation framework to increase the digital footprint and migrate more customers to electronic platforms.

“In the future, our business will be driven by technology and innovation. We will optimize current processes through digitization and automation to enable better quality of service. We will deploy predictive tools to improve the customer experience. In recent times, there has been a significant increase in the migration of skilled labor from Nigeria to more developed economies. Therefore, we will institutionalize remote work protocols to allow us to attract and retain top talent,” he added.

Fidelity Bank Chief Executive Officer, Ms. Nneka Onyeali-Ikpe, noted that digital banking products gained momentum during the year thanks to new initiatives in the retail lending segment and increased cross-selling our digital banking products.

“Today, Fidelity Bank is one of the best run commercial banks in the country and currently ranks 6th among banks in the Nigerian banking sector with a market share of over 5% on major indices. Our aspiration is to increase your bank’s market share to at least 7.5% on key indices as it evolves into a global financial services brand by driving expansion into new business segments within and beyond the shores of Nigeria,” she said.

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New Placer Dome Gold shareholders approve acquisition by CopAur Minerals Inc. https://mscoursing.com/new-placer-dome-gold-shareholders-approve-acquisition-by-copaur-minerals-inc/ Sat, 07 May 2022 16:56:00 +0000 https://mscoursing.com/new-placer-dome-gold-shareholders-approve-acquisition-by-copaur-minerals-inc/ Vancouver, British Columbia–(Newsfile Corp. – May 7, 2022) – CopAur Minerals Inc. (TSXV: CPAU) (“COPAUR“) and New Placer Dome Gold Corp. (the “Company” or “New placement dome“) (TSXV: NGLD) are pleased to announce that a substantial majority of New Placer Dome shareholders have approved the special resolution (the “Arrangement Resolution“) authorizing the previously announced plan […]]]>

Vancouver, British Columbia–(Newsfile Corp. – May 7, 2022) – CopAur Minerals Inc. (TSXV: CPAU) (“COPAUR“) and New Placer Dome Gold Corp. (the “Company” or “New placement dome“) (TSXV: NGLD) are pleased to announce that a substantial majority of New Placer Dome shareholders have approved the special resolution (the “Arrangement Resolution“) authorizing the previously announced plan of arrangement pursuant to which CopAur will acquire all of the outstanding common shares of New Placer Dome (“Ordinary actions“) in return for 0.1182 common share of CopAur for each common share held (the “Arrangement“).

The Arrangement has been approved by the holders of Common Shares (the “Shareholders“) at the special meeting of shareholders held on May 6, 2022 (the “Meeting“). The Arrangement Resolution was approved by approximately 99.53% of the votes cast by Shareholders. In addition, as required by Multilateral Instrument 61-101 – Protection of holders of minority securities in special transactions of the Canadian Securities Administrators (“MI 61-101“), the Arrangement Resolution was approved by 99.51% of the votes cast by shareholders, excluding the votes cast by certain “related parties” and “interested parties” (as defined in Regulation 61- 101).

A total of 61,353,774 Common Shares were voted on at the Meeting, representing approximately 34.93% of the votes attached to all Common Shares outstanding as of the record date of March 11, 2022.

New Placer Dome will seek a final order from the Supreme Court of British Columbia approving the Arrangement at a hearing scheduled to be held on or about May 11, 2022. The Arrangement is expected to close on or about May 13 2022, provided that all of the customary closing conditions set forth in the definitive arrangement agreement are satisfied or waived, which includes, among other things, the receipt of final approval of the arrangement by the TSX Venture Exchange.

Registered holders of Common Shares may no longer provide written notice of dissent to the New Placer Dome Arrangement Resolution because the deadline for exercising dissent rights pursuant to the interim order obtained in the part of the arrangement has passed.

Further details regarding the Arrangement are set forth in the Company’s management information circular dated April 7, 2022, which is available on New Placer Dome’s profile on SEDAR (www.sedar.com).

About New Placer Dome Gold Corp.

New Placer Dome Gold Corp. is a gold exploration company focused on acquiring and advancing gold projects in Nevada. New Placer Dome’s flagship Kinsley Mountain Gold Project, located 90 km south of the Long Canyon mine (currently in production as part of the Newmont/Barrick joint venture, Nevada Gold Mines), contains Carlin-type gold mineralization , a former heap leach production and NI 43-101 indicated resources containing 418,000 ounces of gold grading 2.63 g/t Au (4.95 million tonnes) and inferred resources containing 117,000 ounces of gold grading average 1.51 g/t Au (2.44 million tonnes)1. The Bolo project, located 90 km northeast of Tonopah, Nevada, is another key asset, also hosting Carlin-style gold mineralization. New Placer Dome also owns 100% of the Troy Canyon project, located 120 km south of Ely, Nevada. New Placer Dome is led by a strong management and technical team comprised of capital markets and mining professionals with the goal of maximizing shareholder value through new mineral discoveries, committed long-term partnerships and advancing exploration projects in geopolitically favorable jurisdictions.

Qualified person

The scientific and technical information contained in this press release regarding New Placer Dome has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC), director and consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of New Placer Dome and a “qualified person” within the meaning of National Instrument 43-101 – Disclosure standards for mining projects. Mr. Raffle has verified the disclosed data, which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein.

For more information please contact:

New Placer Dome Gold Corp.

Maximilian Sali, Chief Executive Officer & Director
Tel: 604 367 8117
Email: msali@newplacerdome.com

About CopAur Minerals

CopAur is a TSXV-listed Canadian copper-gold mining company whose principal asset is the 100% owned Williams Gold-Copper property (the “Williams Project“) which spans 5,159 hectares of land in northeast British Columbia. The Williams Project is a highly prospective exploration property that hosts a large, partially tested 3.0 km by 2 km gold anomaly, 0 km and a 1.8 km wide early-stage copper porphyry target Historic work on the Williams Project includes 6,759 meters of diamond drilling over 31 holes, rock and soil sampling, trenching and geophysical surveys.

Qualified person

The scientific and technical information contained in this press release regarding CopAur Minerals Inc. has been reviewed and approved by Alvin Jackson P. Geo, a director of CopAur Minerals Inc. and a “qualified person” as defined in National Instrument 43- 101.

For more information please contact:

CopAur Minerals Inc.

Jeremy Yaseniuk, CEO and Director
Such. : +1 (604) 773-1467
Email: jeremyy@copaur.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.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

The information contained in this press release was prepared as of May 6, 2022. This press release contains “forward-looking information” within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included herein, including, without limitation, statements or information about the completion of the Arrangement, and the time to obtain court approval and the approval of the TSX Venture Exchange and for the closing of the Arrangement are at term -see the declarations. These forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those anticipated, including, the contemplated business combination not being completed due to a number of factors, including, without limitation, failure to obtain required regulatory or court approvals; the timing of such events being delayed; the possible failure to realize the anticipated synergies, combined technical expertise or other benefits of the transaction; and other risks and uncertainties detailed in New Placer Dome’s management information circular dated April 7, 2022 regarding the Arrangement, which is available under New Placer Dome’s issuer profile at www.sedar.com. Readers should not place undue reliance on the forward-looking information contained in this press release. New Placer Dome does not undertake to update forward-looking information except as required by applicable securities laws.

Investors are cautioned that, except as otherwise provided in the information circular, any information published or received regarding the business combination may not be accurate or complete and should not be relied upon.

________________________

1 Technical Report for the Kinsley Project, Elko County, Nevada, USA, dated June 21, 2021 with an effective date of May 5, 2021 and prepared by Michael M. Gustin, Ph.D., and Gary L. Simmons, MMSA and filed under the new issuer profile of Placer Dome Gold Corp. on SEDAR (www.sedar.com)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123150

]]> Aerojet Rocketdyne Shareholder and Value Maximization Committee Announces Warren Lichtenstein’s Commitment Not to Acquire Shares Prior to Record Date of Annual Meeting; Announcement follows Lichtenstein’s belated agreement to release results of internal investigation https://mscoursing.com/aerojet-rocketdyne-shareholder-and-value-maximization-committee-announces-warren-lichtensteins-commitment-not-to-acquire-shares-prior-to-record-date-of-annual-meeting-announcement-follows-lichtenst/ Fri, 06 May 2022 12:10:00 +0000 https://mscoursing.com/aerojet-rocketdyne-shareholder-and-value-maximization-committee-announces-warren-lichtensteins-commitment-not-to-acquire-shares-prior-to-record-date-of-annual-meeting-announcement-follows-lichtenst/ EL SEGUNDO, Calif., May 6, 2022 /PRNewswire/ — Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and gen. Spear Lord (Ret.) (three of its independent directors) today issued the following statement: “On April 5, 2022, Mr. Lichtenstein notified the Company of his filing under the Hart-Scott-Rodino Antitrust […]]]>

EL SEGUNDO, Calif., May 6, 2022 /PRNewswire/ — Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and gen. Spear Lord (Ret.) (three of its independent directors) today issued the following statement:

“On April 5, 2022, Mr. Lichtenstein notified the Company of his filing under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 disclosing a present bona fide intention to acquire between $202 million and $1.0098 billion in the voting securities of the Company. The share purchase would have allowed Mr. Lichtenstein to own more than 30% of the outstanding shares and exercise negative control over the outcome of the upcoming director elections.

“It was necessary for the Committee to initiate litigation Delaware and have a court hearing for Mr. Lichtenstein and Steel Partners to finally agree not to acquire any shares before the record date. It is unfortunate that Mr. Lichtenstein continues to play games seeking to engage in delaying tactics, abusing his position as Chairman, while advancing his efforts to take control of Aerojet and thus deprive shareholders of the possibility of electing a new board of directors.

It is as revealing of Mr. Lichtenstein’s character as a hearing held last Tuesday in Delaware his legal counsel forcefully argued that the internal investigation should not have been disclosed by the Committee, and yet, within 24 hours, Mr. Lichtenstein issued a press release demanding that the investigation be disclosed. He seems to flip-flop on virtually every issue to accommodate his changing personal whims on a daily basis, intended in our view to further his singular goal of gaining control of the company.

Shareholders with questions may contact our attorney: DF King & Co., (212) 269-5550 (collect) or by email at AJRD@dfking.com.

Important Information

This communication is sent in our individual capacity, and not on behalf of or on behalf of Aerojet Rocketdyne Holdings, Inc (the “Company”). No Company resources were used in connection with these materials. On June 3, 2022, Eileen P. DrakeGeneral Kevin ChiltonUSAF (Retired), General Spear LordUSAF (ret.) and Thomas Corcoran (the “Serving Directors”) have filed a definitive solicitation statement with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of appointments of agents to convene a special meeting of shareholders of the Company ( the “Solicitation Statement”).

SHAREHOLDERS ARE STRONGLY RECOMMENDED TO READ THE SOLICITATION STATEMENT AS IT CONTAINS IMPORTANT INFORMATION. Shareholders may obtain a free copy of the Solicitation Statement, any amendments or supplements to the Solicitation Statement, and other documents that serving directors file with the SEC at the SEC’s website at www.sec.gov. The incumbent directors, as well as Gail Baker, Marion Blakey, Charles Boldé and Deborah Lee James, may be considered participants in the solicitation of appointments of agents from shareholders. Information about participants is set forth in the Solicitation Statement, which is available free of charge on the SEC’s website at www.sec.gov.

Contact:
DF King & Co., Inc.
Edward T. McCarthy / Tom Germinario
AJRD@dfking.com

Quote

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SOURCE Committee for Aerojet Rocketdyne Shareholders and Maximizing Value

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Netflix shareholders sue over revelations about declining subscriptions https://mscoursing.com/netflix-shareholders-sue-over-revelations-about-declining-subscriptions/ Wed, 04 May 2022 16:14:00 +0000 https://mscoursing.com/netflix-shareholders-sue-over-revelations-about-declining-subscriptions/ A picture of the logo of streaming service provider Netflix in Paris September 15, 2014. REUTERS/Gonzalo Fuentes Join now for FREE unlimited access to Reuters.com Register May 4 (Reuters) – Netflix Inc has been sued by a shareholder in a U.S. court in California accusing the streaming entertainment company of misleading the market over its […]]]>

A picture of the logo of streaming service provider Netflix in Paris September 15, 2014. REUTERS/Gonzalo Fuentes

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May 4 (Reuters) – Netflix Inc has been sued by a shareholder in a U.S. court in California accusing the streaming entertainment company of misleading the market over its ability to continue adding subscribers in recent months .

The lawsuit filed Tuesday in federal court in San Francisco seeks damages for Netflix’s declining share price this year after the company missed its subscriber growth estimates.

Filed by a Texas-based investment fund, the lawsuit accused Los Gatos, Calif.-based Netflix and its top executives of failing to disclose that its growth was slowing amid increased competition and losing revenue. subscribers on a net basis.

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Shares of Netflix fell 20% in January after reporting weak subscriber growth. Shares of Netflix then plunged more than 35% on April 20 to close at $226.19 after it said it lost 200,000 subscribers in the first quarter, well below its forecast to add 2.5 million. subscribers. Its shares were trading at $199.87 as of midday Wednesday.

The company attributed the quarterly decline to inflation, competition from other streaming services and its suspension of service in Russia following the Russian invasion of Ukraine, which cost Netflix 700,000 members.

A Netflix spokesperson did not immediately respond to a request for comment.

The lawsuit names Netflix co-chief executives Reed Hastings and Ted Sarandos and chief financial officer Spencer Neumann. He is seeking damages from investors who traded Netflix stock between October 19, 2021 and April 19, 2022.

The case is Pirani v. Netflix Inc et al., No. 22-cv-02672, US District Court, Northern District of California.

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Reporting by Jody Godoy in New York; Editing by Will Dunham

Our standards: The Thomson Reuters Trust Principles.